ELI5: Explain Like I'm 5

Skin gambling

Okay kiddo, so first we need to understand what gambling is. You know how we sometimes play games and bet with our friends who will win? Well, when we do that with money or something valuable, like our toys, we call it gambling.

Now, some video games have things called skins, which are like special outfits or designs you can put on your character to make it look cool. But some people started using skins as a form of gambling. They would trade skins with other players or use them to bet on the outcome of matches in the game.

It's like playing a game of rock-paper-scissors with your friends, but instead of using your hands, you're using your skins. But sometimes, these skin gambling websites were not legal and regulated, meaning some people could cheat players or scam them out of their skins.

That's why skin gambling is not a good thing and is not allowed in many countries. You should always play, trade, and bet on things fairly and legally.