According to the JERF web site(James Randi Educational Foundation) it will not deposit this million dollars in Escrow, display in cash, or provide proof in any way in advance of a test that the money exists. In fact it doesnt, its in the form of bonds, not cash.
James Randi is a showman, not a scientists. According to James Randi himself, scientists are not qualified to test for Paranormal Proof since they are easily duped.
In the introduction of the rules to his challenge it states, "all tests must be designed in such a way that the results are self evident and no judging process is required! Most scientific research depends on statistical results that need to be anylized by experts to judge the significance of what happened.
The contender has to pay all expenses involved with getting to the JREF and while staying there as well while being tested.
Rule 7 says: when entering this challenge the applicant urrenders any and all rights to legal action against Randi.( do not answer yet
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