Topic: Betting law ignores technology and encourages clandestinity - page 2. (Read 548 times)

That's why we must make sure by asking to the casino if they allows their user to use VPN or they don't allows it. Some casino doesn't allow the use of VPN so we must avoids that casino and search for the other casino. That's for our safety from the blocked that the casino do for us.

Besides that, if our country doesn't allow us to playing gambling on some casino or our ISP blocks the casino, we don't have to visits the casino but we can search for other casinos that doesn't prohibits us to playing gambling on their casino. When we can gets the right casino for us and that casino have reputation, they will not lets their users from withdrawing our winning and casino doesn't asks for many requirements to us to process the withdrawal. That's why we must make sure everything before we select the casino.

Stupidity could be truly fitting for what some governments of many nations are doing, but to what end? If not poverty, corruption, no regard for the rule of law, control of court, laggingness and worse. For this, it pains me with what is happening in those countries. That is what we all have to pay for selecting the wrong leaders for such sensitive positions.

However, the clandestinity relating to cryptocurrency did not just start today and crypto by most nature also naturally gives room to that, it is the government that needs to be up and doing in this regard. But instead for many countries of the world to beat the technology or catch up with it, they will either turn a blind eye, clamp down on it or underregulate if at all they want to regulate. This is wrong and with this approach, there is no way those operating online won't be cheating the government.

Now, cheating aside, there should be some rules that will make everyone accountable (casinos/sportsbooks and customers). But depositing using physical cash, cryptocurrency and other online alternatives without strict regulation like what the central banks do with banks, then they are only wasting their time. The governneet may only see what the casino/sportsbook wants them to see. And it gets worse elsewhere where the governmenet official will take bribe to look away. That is the world we live in.

In my opinion, it's not a question of whether a casino allows the use of a VPN because most casinos do allow it. This is about masking your IP using a VPN to bypass restrictions on gambling in certain countries. If a casino is fine with that, then there's no problem. However, we have to bear in mind that they can always use that against us and could deny our winnings, especially if we win a large amount of money.

Exactly what you said. When people wants to playing gambling but they see the barrier from the government, they will search for the other and makes sure that they can still playing gambling. Those who often playing gambling should see many cases out there and trying to search for the ways just in case if they will face it in the future. If they experienced that, they will not confuse and they can adapt with the situation and can still playing gambling without any problem.

Many people use VPN to access the gambling site because their country has been blocked by the government. They knows which casino sites that allow their customer using VPN so they will playing gambling on that site. They will not risks themselves to playing gambling on the site that they are not sure about the used of VPN is allow or not.

a similar law (restriction on the use of platforms - anti laundering etc) was also made in Italy...

Obviously to "protect" the bettor, in reality they have created a real "cartel" that is able to protect their interest and it is really complicated to find higher odds / events in this market compared to foreign markets.

as decentralized betting will gradually take his spot on the market, fewer and fewer people will be forced to use shameful - national platforms.

Casinos will not be able to accept crypto, if I understood the new law right. How are they going to "turn to crypto gambling" if they can't deposit or withdraw crypto from a casino?
I bet that crypto casinos will be blocked in Brazil, since they won't have a license and the government will consider them to be in breach of the new law.

The only way for people to gamble anonymously will be to use a VPN and play in unlicensed casinos, but how many people are going to do that?

Its very true that alot of fraud goes through casino, I guess that what the kyc and other identification process exist. A lot of these online casinos might be created with the intention of scamming others claiming to be a place for fun but at the end, implement rules that goes against customers right. Any action that some government are taking to regulate forms of crimes in casino or their country are usually for the benefit of everyone e that's why most times I don't blame them even when they force the kyc on casino users. Just like any other form of online services, fraud still cannot be totally removed as they will always device a new method to make it happen.

Not entirely, government can chose to announce that any casino that operates without following the regulations of their policies can be considered as illegal therefore anyone who is gambling overseas casino violates their laws but it's kind of grey area it can be only explained by the people who were well aware of their constitution policies regarding online platforms.

Even though a bank slip can be said to as alternative to cash, it's okay for it to be excluded in the restriction because it isn't against with their advocacy. Cash is not an alternative but it is the main source of payment, so they should exclude it as well.

Addicted gamblers that are affected, will surely find a way and they will do that clandestine betting you are saying there. That is going to be easy in the case of cryptos and there are also decentralized sites here that regulatory bodies can't touch. Bettors can enjoy anonymous betting and they will not worry about taxations, if this is one of their concerns. Not all innovations are good, or it can also depend on how the person sees it. For us, cryptos are good innovation but for many governments, it isn't.

sorry if this is a little off topic but is anyone here from Brazil? I am curious, what is Pix? I saw it in the article and while reading through it, I got the feeling that someone wants to pass(or have passed) this law to make gambling bettors in Brazil use Pix more often. also, I can't help but think that this will not stop with online gambling.

I don't think that this is something gamblers in Brazil should be worried about especially those that are gambling with cryptocurrency. They can gamble in casinos outside Brazil that is accepting cryptocurrency at enjoy the fun.

It is the government of Brazil that will lose because they will not be able to get tax from people gambling outside Brazil in cryptocurrency casinos. I read that already casinos that cannog comply are leaving the country and they have added USDT to their payment option.

Monitoring the citizens that are gambling is too bad because it is none of the government concern.

Maybe that is just the beginning, and regulations regarding gambling with crypto etc will surely follow.
The government of any country will definitely prioritize taxes as an income for the country, so I think its a bit  too early to call them stupid 
Maybe they dont tax gambling with crypto now but buying and selling crypto is definitely taxed there and if Im not mistaken isnt the crypto tax quite big in Brazil?

It's the same situation in my country. Regulations are very strict for local casinos and sportsbooks, they can't decide which games and which type of bets they want to offer, many of them are prohibited. And it's the same for promotions and bonuses. The regulator decides which games and which kind of bets are good for citizens and which ones are bad for them actually. Casinos and sportsbooks have to pay big amount of taxes on top of that, despite being strictly regulated and monitored by the authorities.

The fact is that in several countries, as in Brazil too, laws need to be created respecting the constitution and other existing laws.

What I want to say is: The Brazilian government really wants to regulate sports betting, but it cannot create a law that benefits this type of business too much to the detriment of national exchanges, for example, which already have several restrictions and obligations to report reports from its customers to the authorities.

Regarding not doing anything against external exchanges, this is quite plausible, as every minimally intelligent politician knows that there is no point in creating laws against external casinos, there are several ways to continue accessing them.

For gamblers, this regulation won't change anything, as long as they play at international platforms which have nothing to do with brazilian territory. For businesses, though, it's highly suggested they just register their services outside brazilian territory and operate as a foreigner business, just like every other gambling services around, so nothing will change for them as well.

In Brazil, you shouldn't waste your time and energies* thinking on how dumb, absurd and shady the laws are. All you have to do is to find gaps on them in order to maintain your activities without breaking such new regulations, and without allowing yourself to be abused by the bureaucrats, oligarchs and politicians.

*Make sure to use your time and energies with self-development, so maybe someday you can have enough conditions to leave this hell called Brazil.

Well, I tried to translate the article but it didn't work, I wanted to know the actual deposit means that is now allowed for casinos that is operating there since they have restricted both bank slip, cash and other alternative methods of deposit. If that's the case, then gambling should be ban in the country because it seems they don't want gamblers to have a comfortable deposit means. Since the law promotes clandestine,  there will be punishment for those that will secretly use the forbidden deposit methods.

The disadvantage of this law is that it may cause casino in Brazil to lose customers because citizens would use other international casinos.
 

The only problem with regulation here in my country is that sometimes they try to freeze funds that came from gambling and mixing platforms that is why they should have to modernize their system to accurately detect legit funds and distinguish the real thing from money laundering as it may complicate and create fear to players.

If the intention of the Brazilian government is to discourage gambling, then they are wrong with their approach.
If their intention is to have total control over the gambling industry, then they are still wrong with their approach.

Whatever the intentions of the government are, they are only reducing the revenue they would have gotten from casinos, betting platforms and even gamblers in their country. Those who are passionate about gambling will always find a way to gamble and once they find an easier means to gamble, they will dump the Brazilian gambling system. The gamblers have nothing to lose, the Brazilian government should look into that law and  make it more favourable to the gamblers and the government so both parties can be happy.

Sooner or later they will restrict the citizen to not gamble on online casino outside of their country.

I believe that's not their intention, closing down the casinos will make them not able to make more money from taxing the gamblers. On the contrary, I think they're actually want to encourage people to gamble in land based casino using their fiat, but they're making blunder by only banning cryptocurrency usage in their casino, they forgot to ban people to gamble on foreign casinos.

It could be that Brazilian government is trying to do is make local casinos go out of business or run at loss and probably close down since they don’t want to come out straight and ban gambling casinos, they are coming up with strategies that will force them to close down. Different people have their convenient deposit method so restricting them on certain deposit method to use will force some people to leave local casinos and look for alternative options elsewhere which will in turn affect the local casinos and gradually they will lose lots of customers and money.

But I will say the government is just being selfish trying to be in control of everything and doing so will make them to lose a lot once people stop making use of local casinos and start using foreign casinos some will even make use of crypto casinos.