From the Terms & Conditions:
"Ownership/Selling of the Account or Virtual Items
WORLD GOLF TOUR does not recognize the transfer of your user accounts ("Accounts") or any virtual items contained therein. You may not purchase, sell, gift or trade any Account, or offer to purchase, sell, gift or trade any Account or virtual item contained therein, and any such attempt shall be null and void. WORLD GOLF TOUR owns, has licensed, or otherwise has rights to all of the content that appears in the games and on this Site. You agree that you have no right or title in or to any such content, including the virtual items or WGT Credits appearing or originating in the games, or any other attributes associated with the Account or stored on the Site. WORLD GOLF TOUR does not recognize any virtual property transfers executed outside of the games or the purported sale, gift or trade in the "real world" of anything related to the games. Accordingly, you may not sell virtual items for "real" money or otherwise exchange items for value outside of the games. If you purchase or otherwise receive any WGT Credits for your Account, you agree that you will not transfer such WGT Credit and that you will not use such WGT Credits to engage in gambling, gaming, lottery, or betting of any kind."
We aren't to the Online Betting phase of this game yet. There are qute a few laws that have to be petitioned for and followed by WGT before we get to bet credits and/or money against each other.