Ok, I have some questions.
1. do any of us have any money yet?
2. can we have a price list for items. whores in particular.....
3. how do we earn points? non deadly practice fights perhaps against each other or mod chars?
4. betting is a beslubbering brilliant idea, but how does it work? can we only bet on whether we live or die or can we bet on other things, like who draws first blood? also, what are the rate of return, which is to say, how much more do we get if we win a bet? is it variable depending on what we are betting on?
I just want to say, are you sure you are up to this? it is allot of work. any time someone wants to place a bet, buy something, interact with an npc, fight someone or a million other things, you need to be there to oversee it. this requires no small amount of dedication on your part. there is nothing worse than a flaky, inconsistent GM, but a good one, which I hope you are, could turn this into a truly great RPG. I hope I don't sound wingey, just expressing my concerns.