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Topic: bitcoin gambling in India (Read 3983 times)

newbie
Activity: 51
Merit: 0
July 18, 2018, 09:14:39 AM
#31
it depends on the owner if they want to use bitcoin in gambling it seems i have seen this in the site for the people who is rich and they can do it. gambling is too addicted if you lose in gambling you will sell your thing's,property and etc. to gambling. we should resist to not addicted in gambling.
copper member
Activity: 490
Merit: 2
April 09, 2018, 10:46:57 PM
#30
is   bitcoin gambling in India  is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
There is no rule to govern bitcoin in India. So, bitcoin gambling is neither legal nor illegal.
Please do not post something you are unsure of as a fact. Meth is not legal, doesn't mean you can buy Meth with bitcoin, just because there is no rule to govern bitcoin in India.
Meth is illegal in India. Hence buying it with bitcoin is also illegal. Here, the whole act of illegality is coming from the law governing Meth.

But, there is neither any law governing bitcoin, nor any law governing online gambling. So, how come bitcoin gambling become illegal?

Please note that, using bitcoin in any offline betting is illegal as offline betting is itself illegal in India (except certain licensed ones).

Thank you for explaining it so nicely.I agree with you , no government of India or other countries too do not have any control over the online activity of their country members .For this reason online BITCOIN transactions is not illegal.
jr. member
Activity: 392
Merit: 8
April 06, 2018, 07:54:33 AM
#29
People suffer from penalty when they do gambling of any type. In some countries it is valid. We get its license in many states of India. There have been no details in India about bitcoin gambling. It can't be called either legal or illegal.
member
Activity: 130
Merit: 23
April 03, 2018, 08:13:46 PM
#28
When it comes to online gambling, India is currently in its infancy stage. Since gambling in India is a state subjected activity, different states have different laws formulated for casino activities. However, for the online gambling activities, the IT Act of the country regulates all the casino activities and payment gateways for any illegal gambling site. But there is no specific law drafted in India which restricts individual users from placing casino bets online.

People in India are highly engaged in playing lotteries, sports betting especially cricket, poker, and horse racing. Poker is a grey area in Indian gambling law. It’s interesting that games such as Texas Hold ‘em and Teen Pati are banned whereas Rummy is allowed. Most of the online gambling is illegal. With the recent surge of bitcoin popularity across the world, bitcoin casinos have opened up another new gambling avenue for Indian customers. In this guide, we will discuss how to play bitcoin casino in India. You can read more in the guide on about bitcoin gambling in India https://casinobitcoins.io/bitcoin-casino-india/ there you'll also find some suggestions on which that are available.
full member
Activity: 210
Merit: 100
October 23, 2016, 10:19:37 PM
#27
is   bitcoin gambling in India  is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
Yes Bro As We Know that Direct Gambling Is Illegal in India So Why you Think that Bitcoin Gambling Is Legal In India?
I Think Government is Not Banning Bitcoin Gambling Because Bitcoin is a Decentralized Coin and No Government Can Ban the Activities Involved With Bitcoin.....
member
Activity: 78
Merit: 10
smart contracts innovations on ethereum blockchain
October 09, 2016, 02:41:33 PM
#26
Gambling/wagering of almost any form is illegal in India. I'm sure Goa is an exception state that does allow it in certain forms. This has been specified in The Public Gambling act of 1867. Certain games categorized as 'Skill' based like 'Rummy' and betting in 'Horse racing' are allowed as certain level of skill is involved in it. But yes, Bitcoin gambling may be illegal unless it's in the form of rummy.

https://www.directbet.eu/ is   the best site i have everplayed with cryptocurrencies bet!
legendary
Activity: 840
Merit: 1000
October 01, 2016, 02:44:36 PM
#25

But, there is neither any law governing bitcoin, nor any law governing online gambling. So, how come bitcoin gambling become illegal?

Please note that, using bitcoin in any offline betting is illegal as offline betting is itself illegal in India (except certain licensed ones).

There is a law governing gambling in general: https://www.quora.com/Why-are-casinos-and-gambling-illegal-in-India   
So automatically online ones are too. Just that its not enforced to a large extent. Online Indian gambling companies have shut down in the past.
hero member
Activity: 1218
Merit: 557
October 01, 2016, 03:19:10 AM
#24
Gambling itself is illegal in India unless you are in Goa where its legal only on cruises.
legendary
Activity: 1662
Merit: 1050
September 30, 2016, 06:22:20 PM
#23
is   bitcoin gambling in India  is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
There is no rule to govern bitcoin in India. So, bitcoin gambling is neither legal nor illegal.
Please do not post something you are unsure of as a fact. Meth is not legal, doesn't mean you can buy Meth with bitcoin, just because there is no rule to govern bitcoin in India.
Meth is illegal in India. Hence buying it with bitcoin is also illegal. Here, the whole act of illegality is coming from the law governing Meth.

But, there is neither any law governing bitcoin, nor any law governing online gambling. So, how come bitcoin gambling become illegal?

Please note that, using bitcoin in any offline betting is illegal as offline betting is itself illegal in India (except certain licensed ones).
legendary
Activity: 840
Merit: 1000
September 30, 2016, 05:25:29 PM
#22
is   bitcoin gambling in India  is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
There is no rule to govern bitcoin in India. So, bitcoin gambling is neither legal nor illegal.
Please do not post something you are unsure of as a fact. Meth is not legal, doesn't mean you can buy Meth with bitcoin, just because there is no rule to govern bitcoin in India.
legendary
Activity: 1662
Merit: 1050
September 30, 2016, 03:53:46 PM
#21
is   bitcoin gambling in India  is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
There is no rule to govern bitcoin in India. So, bitcoin gambling is neither legal nor illegal.
hero member
Activity: 910
Merit: 505
September 30, 2016, 11:46:58 AM
#20
Bitcoin gambling is not legal in India, however, I have not seen any actions taken yet against people who have/had or might have made too much money through bitcoin gambling... Just don't say there won't be any, as we don't know them just because we cannot trace them...
Actually gambling in any form(except skill based) is illegal, but the risk isn't there since its impossible for anyone to find out here that you are gambling using bitcoins, as there is no one here tracing that kind of activity for now.
There are plenty of places where bet happen whether it is of native currency or digital currency.bitcoin has given them a whole new advantage  Cheesy due to its anonymous ways.
legendary
Activity: 840
Merit: 1000
September 30, 2016, 10:18:53 AM
#19
Bitcoin gambling is not legal in India, however, I have not seen any actions taken yet against people who have/had or might have made too much money through bitcoin gambling... Just don't say there won't be any, as we don't know them just because we cannot trace them...
Actually gambling in any form(except skill based) is illegal, but the risk isn't there since its impossible for anyone to find out here that you are gambling using bitcoins, as there is no one here tracing that kind of activity for now.
legendary
Activity: 1246
Merit: 1000
!!! RiSe aBovE ThE StoRm !!!
September 30, 2016, 04:50:40 AM
#18
Bitcoin gambling is not legal in India, however, I have not seen any actions taken yet against people who have/had or might have made too much money through bitcoin gambling... Just don't say there won't be any, as we don't know them just because we cannot trace them...
hero member
Activity: 1694
Merit: 541
September 06, 2016, 03:34:49 AM
#17
gambling is illegal in india by law,but there are many sites who accepts indians and it is a common practice ,but i have not heard that anyone got into trouble for using online gambling sites. Who knows,things might get serious when a case will be registered regarding online gambling.
hero member
Activity: 938
Merit: 501
August 29, 2016, 11:24:42 PM
#16
Yes, skill not chance is allowed in theory. But not sure what our legislators will make of the crypto layer being introduced on top of the gambling layer. May just be too much to handle in one go Smiley
legendary
Activity: 2562
Merit: 1064
August 29, 2016, 03:37:30 PM
#15
Well, let's be clear. If you are an India resident and gambling with BTC or otherwise on online betting sites, even ones hq'ed abroad, you are in breach of Indian law and can be punished. Gamble at your own risk. A VPN is advisable.
If I am not wrong, I do believe however you can gamble on skill based games like poker, which are still legal in some cities. I am not sure how legal would it be online.

Actually there is 1 problem when our constitution made, there were no online world and politician did not changed it yet. Gambling is illegal in India. But about online Gambling nothing is wrote anywhere so people just use that excuse to play.
legendary
Activity: 840
Merit: 1000
August 29, 2016, 01:31:36 PM
#14
Well, let's be clear. If you are an India resident and gambling with BTC or otherwise on online betting sites, even ones hq'ed abroad, you are in breach of Indian law and can be punished. Gamble at your own risk. A VPN is advisable.
If I am not wrong, I do believe however you can gamble on skill based games like poker, which are still legal in some cities. I am not sure how legal would it be online.
hero member
Activity: 938
Merit: 501
August 29, 2016, 08:24:34 AM
#13
Well, let's be clear. If you are an India resident and gambling with BTC or otherwise on online betting sites, even ones hq'ed abroad, you are in breach of Indian law and can be punished. Gamble at your own risk. A VPN is advisable.
hero member
Activity: 910
Merit: 505
August 29, 2016, 12:46:12 AM
#12
Well bitcoin is illegal in india or not cant be said.there is no thing that is illegal in india.government made many laws but people wont follow it.unless u have huge plan or service to lead on .there are plenty of dark marketplace which are still not closed.
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