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Topic: Bitcoin gambling website - legal or illegal ??? - page 3. (Read 2062 times)

hero member
Activity: 812
Merit: 1000
There is the trust issue as already explained above plus not many people would be interested in this. It's much easier and entertaining for them to play on so many different gambling sites offering so many games.
donator
Activity: 3228
Merit: 1226
★Bitvest.io★ Play Plinko or Invest!
The problem is, you benefit more if you keep all 11 people's .1 instead of taking .1 for yourself.
We have to trust that you won't run away and be legit. All that for very low RTP.
Unless you did escrow, or so. What stops you from just running away creating a new newbie account
and banking 11 times more?

And you only created your account like 23 mins before your OP



I live in USA.
I want to create a Bitcoin gambling website on my domain name WinBitcoins.com

Some simple game like...
11 people send me .1 BTC each to play.
I pick one random winner and pay out 1 BTC and keep .1 BTC

Is this considered gambling and is it legal or illegal in USA?

jr. member
Activity: 80
Merit: 1
I live in USA.
I want to create a Bitcoin gambling website on my domain name WinBitcoins.com

Some simple game like...
11 people send me .1 BTC each to play.
I pick one random winner and pay out 1 BTC and keep .1 BTC

Is this considered gambling and is it legal or illegal in USA?
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