How legal is to create betting/gambling site? - page 3.

FrueGreads

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Quote from: 2tunnels on January 09, 2016, 05:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

Well there are, and is depends on the country, but, specially in bitcoins, I don't think there is must legislation, so no one will be after you I guess. But don't take my word for it of course. You should investigate carefully. Anyway, I think the real challenge is to have enough coins to advertise it, and keep the site running until you have a good player base. I think a very large investment is needed.

SparkedDev

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Most people bypass laws by hosting in countries that aren't really strict about it then add cloudflare to the mix many sites do it.
Its the only way to stay unregulated these days but if you want to be legal about it then there is channels you can take to doing so.
A quick google search would have given you many examples of solutions.

bncbnc

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Quote from: Oilacris on November 11, 2016, 08:12:44 AM

Quote from: 2tunnels on January 09, 2016, 05:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

As other members said here . Creating a gambling site is okay as long you have the money to start on and build on it. Just remember the things that should be consider before building one. Must think of the laws on your country if its against gambling or not. If its okay then theres no problem at all but if they prohibit on building then for sure you will have a hard time. I dont think about on having a license if it really needed to get one in able to run a gambling site.

to me creating a betting or gambling side may be legal but in those areas where gambling is legal and running casino is legal, but i think in those area where gambling is not legal or running casino is illegal there creasing sight for gambling will also be illegal.

Oilacris

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Quote from: 2tunnels on January 09, 2016, 05:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

As other members said here . Creating a gambling site is okay as long you have the money to start on and build on it. Just remember the things that should be consider before building one. Must think of the laws on your country if its against gambling or not. If its okay then theres no problem at all but if they prohibit on building then for sure you will have a hard time. I dont think about on having a license if it really needed to get one in able to run a gambling site.

Oralmat

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Quote from: Doamader on November 01, 2016, 09:23:58 AM

I do believe at crypto world you dont need any license, you will need to get some clean business to proof where the money is come if you start earning a good ammount, besides that i believe license is more for exchanges then gambling websites, sure with a license people would trust into your company or project faster, but i dont know if there is really a need to get a license.

I am also one of them, because i also believe at crypto gambling world, I was start gambling in first time because of bitcoin, If i was not doing work with bitcoin, than may be i was not a gambler, and i believe in all gambling sites which are here in [phishing] And these all are trustable gambling sites, so i don't think it can matter any license. They are good for us and we are playing gambling in these sites with our trust.

Monnt

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Quote from: hua_hui on November 01, 2016, 10:42:28 AM

Quote from: Doamader on November 01, 2016, 09:23:58 AM

I do believe at crypto world you dont need any license, you will need to get some clean business to proof where the money is come if you start earning a good ammount, besides that i believe license is more for exchanges then gambling websites, sure with a license people would trust into your company or project faster, but i dont know if there is really a need to get a license.

Crypto you dont need any license. However it is the profit that you will be getting that you will have a hard time converting to legal cash. You will need to explain to the bank on how you can get such a huge amount of cash.

That is true that if you run a crypto based gambling site then you can run is anonymously but if somehow your local government knows that you are doing a business and have not informed them and not got registered then apart from money you may face much more offensive punishment.

chixka000

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Online gambling really can't follow all the available local rules because you have various of users from different country. A legit in this area is not as legit for this certain area. It only means that 50% of online gambling site is certainly not legal.

virasisog

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License of creating a gambling site is a must ,but it depends on what country are you and the government policies ,laws and regulations because some countries are not prohibited to create gambling .you will need a good starting amount to make your own gambling site but if it becomes successful surely you can make more money out of your capital.

novemberwoah

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Quote from: roadbits on November 02, 2016, 10:33:34 AM

Quote from: novemberwoah on November 02, 2016, 04:43:23 AM

Quote from: rickadone on November 01, 2016, 08:51:04 AM

Quote from: novemberwoah on November 01, 2016, 08:46:45 AM

Maybe if you make a real casino gambling like you have to seek permission to hold a gambling casino. But if it makes gambling sites I think do not need a license because everyone is free to make a gambling site, in my opinion. Legal or not may depend on each country.

For the online gambling site, the licence issue is starting from the point of what are the payment options we are going to provide to gamblers. If we are planning to stick only bitcoin payment option, then there will not be any need of license even in the gambling banned regions. If you want to give credit cards options, then you must need to licenses.

Yes if using a credit card option that definitely requires a license, but gambling in bitcoin does not require a license. But actually I do not know why online gambling requires a license because I think online gambling should be free to do Huh

No i think they need governament permission, otherwise how can they convert Bitcoin to real currencies. They will make huge profits so we can not trust third party companies. If they use credit card means it's legal only governament will track this. So according to me the govt permission is the first method to start your casino site. If you get this and you have enough money you can create your own site within few days.

Yeah maybe you're right that requires government permission to use credit cards in gambling. But I am confused, in my country the government is prohibiting gambling but there are many gambling sites that accept credit cards as payment of the deposit Huh

hatshepsut93

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Quote from: 2tunnels on January 09, 2016, 05:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

If you are living in some corrupt country, you'd better hide it from authorities, because some cronies might start threatening you and demanding parts of your profit. I think online gambling is in gray are of the law right now, and it's position can change in upcoming years.

Whosdaddy

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Quote from: Xenophoto on November 01, 2016, 05:43:16 AM

I suggest that OP contact RHavar or Stunna. They own BustaBit and PrimeDice respectively. You will know pretty much everything about what you need in creating a gambling site and that includes the answer to your question. We can't possibly say for sure if it's illegal or legal because OP didn't mention where is he from. He should contact a lawyer in his place just to make sure that everything's legal.

Not sure about RHavar but Stunna is too busy and even hardly replies to people who message him/her here because of the simple reason, really owns the biggest bitcoin gambling site.
So, better hire a team and a lawyer before you even think of making a legal gambling site.

jostorres

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Quote from: chixka000 on October 29, 2016, 07:29:05 AM

Quote from: 2tunnels on January 09, 2016, 05:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

I really don't have experience on this field but building a business which is a legit one is really something hard. Your gambling site must be approved by the local government which you are working. Processing those requirements is really not that easy mate plus you also have to make sure that your users are also following their local rules.

There are almost 100's of sites in market and I think hardly 20 sites are registered and working in a legal manner, so I think you can start the site and if you see it going nice, get it registered i think under Gibraltar gambling license is what most sites are registered under ..

CasioK

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Quote from: rik3 on October 29, 2016, 10:35:27 PM

Quote from: 2tunnels on January 09, 2016, 05:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

Bro Mainly It Depends Upon Your Country that You Need a License For that Or Not and Also I Don't Have Much Experience About this But I Can Tell You that If You Want To Create Your Own Bitcoin Gambling Website then Maintain a Sufficient Bankroll For Paying the Users And To Do Other Formalities.....

Maintaining is a different topic altogether someone who is making a site obviously knows that he needs some money to start and keep it maintained. While the biggest problem is as being discussed the legal paperwork because seriously if you do not know the legal terms and conditions then better stay away (unless you plan to make a site without any registration)

PokerFace3

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Quote from: roadbits on October 29, 2016, 10:04:06 AM

Quote from: chixka000 on October 29, 2016, 07:29:05 AM

Quote from: 2tunnels on January 09, 2016, 05:25:49 AM

Hello.

I'm thinking about creating own gambling site. Do I need license for that? Does anyone have experience in this field?

I really don't have experience on this field but building a business which is a legit one is really something hard. Your gambling site must be approved by the local government which you are working. Processing those requirements is really not that easy mate plus you also have to make sure that your users are also following their local rules.

I think better you contact any local lawyer in your place, and they only know all rules and regulations in your country. because the law is not same in all country. In my country gambling is illegal so we don't have a chance to create our own site. Ask in your country it is legal or not all the best for the project.

Yes, that's the best way because making a gambling site is not a small or limited business there are rules and regulations beyond our imagination and even a little wrong foot and you will be in deep trouble.

So, a lawyer will keep you in touch with all such things and not let you fall in trouble, maybe also read all the conditions as per your local city for making such a site.

roadbits

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Quote from: novemberwoah on November 02, 2016, 04:43:23 AM

Quote from: rickadone on November 01, 2016, 08:51:04 AM

Quote from: novemberwoah on November 01, 2016, 08:46:45 AM

Maybe if you make a real casino gambling like you have to seek permission to hold a gambling casino. But if it makes gambling sites I think do not need a license because everyone is free to make a gambling site, in my opinion. Legal or not may depend on each country.

For the online gambling site, the licence issue is starting from the point of what are the payment options we are going to provide to gamblers. If we are planning to stick only bitcoin payment option, then there will not be any need of license even in the gambling banned regions. If you want to give credit cards options, then you must need to licenses.

Yes if using a credit card option that definitely requires a license, but gambling in bitcoin does not require a license. But actually I do not know why online gambling requires a license because I think online gambling should be free to do Huh

No i think they need governament permission, otherwise how can they convert Bitcoin to real currencies. They will make huge profits so we can not trust third party companies. If they use credit card means it's legal only governament will track this. So according to me the govt permission is the first method to start your casino site. If you get this and you have enough money you can create your own site within few days.

novemberwoah

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Quote from: rickadone on November 01, 2016, 08:51:04 AM

Quote from: novemberwoah on November 01, 2016, 08:46:45 AM

Maybe if you make a real casino gambling like you have to seek permission to hold a gambling casino. But if it makes gambling sites I think do not need a license because everyone is free to make a gambling site, in my opinion. Legal or not may depend on each country.

For the online gambling site, the licence issue is starting from the point of what are the payment options we are going to provide to gamblers. If we are planning to stick only bitcoin payment option, then there will not be any need of license even in the gambling banned regions. If you want to give credit cards options, then you must need to licenses.

Yes if using a credit card option that definitely requires a license, but gambling in bitcoin does not require a license. But actually I do not know why online gambling requires a license because I think online gambling should be free to do Huh

hua_hui

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Quote from: Doamader on November 01, 2016, 09:23:58 AM

I do believe at crypto world you dont need any license, you will need to get some clean business to proof where the money is come if you start earning a good ammount, besides that i believe license is more for exchanges then gambling websites, sure with a license people would trust into your company or project faster, but i dont know if there is really a need to get a license.

Crypto you dont need any license. However it is the profit that you will be getting that you will have a hard time converting to legal cash. You will need to explain to the bank on how you can get such a huge amount of cash.

Doamader

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I do believe at crypto world you dont need any license, you will need to get some clean business to proof where the money is come if you start earning a good ammount, besides that i believe license is more for exchanges then gambling websites, sure with a license people would trust into your company or project faster, but i dont know if there is really a need to get a license.

rickadone

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Quote from: novemberwoah on November 01, 2016, 08:46:45 AM

Maybe if you make a real casino gambling like you have to seek permission to hold a gambling casino. But if it makes gambling sites I think do not need a license because everyone is free to make a gambling site, in my opinion. Legal or not may depend on each country.

For the online gambling site, the licence issue is starting from the point of what are the payment options we are going to provide to gamblers. If we are planning to stick only bitcoin payment option, then there will not be any need of license even in the gambling banned regions. If you want to give credit cards options, then you must need to licenses.

novemberwoah

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Maybe if you make a real casino gambling like you have to seek permission to hold a gambling casino. But if it makes gambling sites I think do not need a license because everyone is free to make a gambling site, in my opinion. Legal or not may depend on each country.

Topic: How legal is to create betting/gambling site? - page 3. (Read 5345 times)