So I'm thinking when you first sign up you get 1000 "ParadiseCoins" which you can use to bet with your friends on Facebook. The more bets you win the more coins you get and the more cool stuff you can buy for your character.
So people can sign up with dummy accounts, make terrible bets against their main account, and collect the 1000 ParadiseCoins on their main account?
Well I was planning on making it a Facebook game. So conceivably you could still make dummy accounts, but because it's social and your friends will see who you're betting with I'm hoping that won't be too much a of a problem.