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Topic: Is Bitcoin gambling is legal? - page 11. (Read 2667 times)

member
Activity: 119
Merit: 100
December 03, 2017, 07:28:37 AM
Well to answer this question we have to take it from different corner, it really depends on the country,its rules and its economic politic. but in generaly i think that there is no clear laws about it.
legendary
Activity: 3108
Merit: 1290
Leading Crypto Sports Betting & Casino Platform
December 03, 2017, 06:06:15 AM
I think every gambling is illegal

I humbly disagree. Gambling is Legal every country has its own land base casino that operates under regulated law. Underground gambling is illegal, which is set to have violations once proven guilty of doing it.

In case Bitcoin Gambling. There's no law that prohibits gambling using Bitcoins, so in general it is legal (to those countries who legally accepted Bitcoins).
Gambling is regulated when it's a fiat gambling and when you don't have the license then you cannot operate, however, with the advent of bitcoin or cryptocurrency as a whole, gambling has become easy for everyone to access, when they cannot legalize crypto then gambling even without a license is not illegal for people who supports crypto gambling and that is the reason why crypto gambling is growing very fast nowadays and I will not be surprise if it will dominate the gambling world.
full member
Activity: 816
Merit: 133
December 02, 2017, 11:31:14 AM
I think every gambling is illegal

I humbly disagree. Gambling is Legal every country has its own land base casino that operates under regulated law. Underground gambling is illegal, which is set to have violations once proven guilty of doing it.

In case Bitcoin Gambling. There's no law that prohibits gambling using Bitcoins, so in general it is legal (to those countries who legally accepted Bitcoins).
legendary
Activity: 1512
Merit: 1041
December 02, 2017, 10:26:11 AM
In my country betting online is illegal.
Bitcoin is illegal.
But I still gamble with btc fuck  Grin Grin Grin
Lol. That is what makes the difference with online gambling and with the introduction of bitcoin into online gambling, it has made online gambling to become extremely rampant since you can just cash out your winnings and still stay anonymous in the process.

With the use of VPN, I really do not see how online gambling can be illegal even if the country bans it, after all, unless you announce yourself to the whole world, no one will know and no government will be on your neck.
hero member
Activity: 3024
Merit: 680
★Bitvest.io★ Play Plinko or Invest!
December 02, 2017, 09:54:10 AM
Is Bitcoin gambling is legal?

I'm in the middle of telling it's legal and illegal. For countries that are aware about bitcoin being used as tool for such activities like gambling, it's up to them if they'll implement bitcoin legality or not. But for countries that there's nothing with bitcoin or it's no recognized, I guess it's not illegal nor legal.
That's right mate, for those countries who already recognized bitcoin existence they already have the right to implement some rules in accordance to bitcoin gambling as its already on their jurisdiction while for those countries that haven't got any idea about bitcoin there's no way that they can treat
it legal or illegal and there's no chance that any rules will be implemented.
And if they decided to say that bitcoin is illegal then we can't anything about it. They are the ones that is being trusted by the people and is the law maker too. For those countries that no idea about bitcoin and remains to be neutral, it's likely bitcoin is legal on that country.
There's a reason why they get to seat in the position that they are in. It's always the government or the ruling party in a country that needs to control these things and that would be hard to oppose if they consider gambling as illegal. It depends on the country really and I hope that it could be legal in our countries and it's up to ourselves to not get addicted to it.

Well I don't have problem in my country, gambling is legal and bitcoin is supported too. And that's why I'm not worried if I gamble with bitcoin or any other crypto's because our government is well supporting bitcoin and many of my countrymen are starting to like it.

Hey, it's superb mate, where you come from? You are in bitcoin support country it is a good sign for you.
Usually nobody can stop you to do bitcoin gambling you just need internet to play bitcoin gambling. But gambling is illegal in many countries it may be online or offline. For me online gambling no problem here our governament is not that much strict.


It is totally a good sign since our government is also regulating the gambling industry. They are taxing it and at the same time they are profiting on it. And bitcoin gambling or not, the government is very supportive on such activities that is related to gambling as long as it is registered.
legendary
Activity: 1344
Merit: 1251
December 02, 2017, 09:11:13 AM
Not in itself no. BTC gambling is legal as much as any other gambling is legal.

The problem are that:
-For one most of btc gambling sites aren't registered as gambling entities and don't have governmental approval.
-Even if they have, there is a duty to respect the KYC policies and definitely no gambling site do that correctly

But the truth is that nobody cares! No governement can make the link between you and your gambling so why should you care about the legal aspect of it? ^^
member
Activity: 126
Merit: 25
December 02, 2017, 08:18:21 AM
I don't think that bitcoin gambling is legal in lots of countries since even fiat gambling isn't approved or regulated by lots of countries around the world . And companies that provide online gambling services are usually offshore companies that aren't allowed on specific soils . Lots of countries took measures to restrict their citizens from online gambling yet overcoming those obstacles ain't hard for people especially after bitcoin apparition .
hero member
Activity: 2674
Merit: 585
Leading Crypto Sports Betting & Casino Platform
December 02, 2017, 08:06:14 AM
I think every gambling is illegal

Bitcoin is legal to use in gambling sites the only illegal are the online gambling sites in which they need to require permit to operate their gambling business thru their government so that they could operate it legally. Bitcoin can be illegal to use if the country prohibit the use of this currency in all means including gambling.
I don’t thinks so there is an issues in gambling with bitcoin rather people are cherishing the entry of bitcoin in gambling world because now they don’t need to go to land based casinos for trying out their lucks in gambling rather they are able to gamble just by laying in their cozy beds at homes by clicking few buttons. Bitcoin has provided a better version of gambling games to the gamblers and they are very much enjoying it.
sr. member
Activity: 1050
Merit: 254
December 02, 2017, 06:08:39 AM
I think every gambling is illegal

Nope, it's depend the law of that country and every country has a different law with each other. Based in the law of my country, gambling is illegal here. That's why there is no casino or gambling place in my country and that's why i choose to use bitcoin for gambling. Gambling is not illegal imo.
sr. member
Activity: 1078
Merit: 342
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December 02, 2017, 06:02:41 AM
In my country, all sort of gambling is forbidden. They think that gaining money without making efforts or getting someone else's money or making him unhappy because you took his money is not loved in here. That includes gambling with bitcoin. But it is okay if you do it secretly.

Added to that statement, people in my country do not gamble with bitcoin but with friends and with real money. For example, they would gamble over a football match. We also have the planetwin in which you can gamble over a football match. But the government did not legalize it because it is dangerous for the economy.
legendary
Activity: 3654
Merit: 1165
www.Crypto.Games: Multiple coins, multiple games
December 01, 2017, 03:19:28 PM
If there is no law prohibiting it then it is completely legal. That is the legal rule everywhere. If your laws do not particularly ban the use or owning bitcoins then you're safe to gamble with them. The problem is that if there is a law that generally bans online gambling in your country. Then that would mean that it is illegal to gamble using bitcoins in that country. But generally there aren't much laws for it yet so we don't really have to worry.
It all depends on the law of the country probably where the server resides or something. Normally, no one will want to go against the law of the country that is strict on gambling. As long as the country is not against any activity involving gambling, there is nothing that makes bitcoin gambling illegal.

Still, this days since crypto gambling has really helped most bitcoin websites to keep things going without a huge involvement by the government and the users can do without the banks, things have gotten even more interesting with gambling.
sr. member
Activity: 602
Merit: 250
December 01, 2017, 03:07:49 PM
Please stop making crap topics that make no sense at all. You ask if bitcoin gambling is illigal and the poll had two answers Bitcoin and blockchain??? ? Wtf? You don't even know what you are saying you should not be asking questions or making topics. Bitcoin gambling is legal anywhere gambling is. It differs from country to country so f you really want to know then do some research and find out yourself.
it's really the one you say because it's a topic that makes no sense at all. and whose name is gambling in every country is prohibited and if I think also bitcoin gambling is certainly illegal and will not be legalized by the state
hero member
Activity: 966
Merit: 535
December 01, 2017, 01:52:48 PM
Please stop making crap topics that make no sense at all. You ask if bitcoin gambling is illigal and the poll had two answers Bitcoin and blockchain??? ? Wtf? You don't even know what you are saying you should not be asking questions or making topics. Bitcoin gambling is legal anywhere gambling is. It differs from country to country so f you really want to know then do some research and find out yourself.
sr. member
Activity: 574
Merit: 250
December 01, 2017, 08:15:36 AM
It depends, but most of the time it is illegal. Authorities are always searching on where this online gamblings are operating. Sometimes they are shady, no permits and considered as illegal so government would really sue them. That means it includes bitcoin gambling, (who knows which one really operates with complete papers)

Maybe it is all because of tax.


I agree, bitcoin  gambling is considered as an illegal that's  why some of gambling sites always keep using bitcoin because of its decentralized that this system brings transparency to all transactions that are made in online gambling. As the result, online gambling can get more profit if they use Blockchain. Last benefit that is provided by Blockchain is fill anonymity. Players who gamble in decentralized gambling sites with cryptocurrency that will protect their identity can do gamble in a convenient way.
hero member
Activity: 798
Merit: 500
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December 01, 2017, 06:33:28 AM
It depends, but most of the time it is illegal. Authorities are always searching on where this online gamblings are operating. Sometimes they are shady, no permits and considered as illegal so government would really sue them. That means it includes bitcoin gambling, (who knows which one really operates with complete papers)

Maybe it is all because of tax.
hero member
Activity: 896
Merit: 514
December 01, 2017, 06:19:17 AM
Gambling is legal in some countries and some countries provide government access to lottery and some other forms of gambling. In my country bookies were available for the gambling with fiat. As bitcoin is anonymous I don't think of legality, I just spend whenever I wish to gamble with bitcoin.
Your country is an open system, I think more countries today consider gambling an illegal thing. but if you notice then gambling game using Bitcoin will be easier to do, because with Bitcoin we can do the game easily and safely. we only need internet access and this can make us free to play all day. but for me gambling is just an entertainment, I play gambling when I feel stress and I never get addicted when playing gambling. Gambling is not a job, so think again because if we consider gambling as a job then we will be risking the future we have.

It doesn't matter if it is bitcoins or fiat, if it is illegal in your country there is really no work around to it. If you gamble online and it is illegal even if you use a VPN, you are committing a crime! That is the only relevant information to anyone living in a country where gambling is illegal. Even if you gamble with bitcoins it doesn't matter, since the fact is that gambling is illegal then you can't do anything about it, the best thing is to just stop.
legendary
Activity: 1414
Merit: 1001
December 01, 2017, 05:48:11 AM
Gambling is legal in some countries and some countries provide government access to lottery and some other forms of gambling. In my country bookies were available for the gambling with fiat. As bitcoin is anonymous I don't think of legality, I just spend whenever I wish to gamble with bitcoin.
Your country is an open system, I think more countries today consider gambling an illegal thing. but if you notice then gambling game using Bitcoin will be easier to do, because with Bitcoin we can do the game easily and safely. we only need internet access and this can make us free to play all day. but for me gambling is just an entertainment, I play gambling when I feel stress and I never get addicted when playing gambling. Gambling is not a job, so think again because if we consider gambling as a job then we will be risking the future we have.
sr. member
Activity: 2016
Merit: 322
December 01, 2017, 05:07:50 AM
Is Bitcoin gambling is legal?
It will never called legal until the site paying taxes because some of the casino paying taxes in order for tge to run their business in gambling but even they are legal by doing this tgey are more using nights to open the casino than day.
I on the whole not even consider gambling a legal game at all. We all know that this is very evil game an there are many people who have lost large money in this game. Many people have ruined their lives just by getting addicted to this game. We should put pressure on our government for banning these games all over the world. Casinos are the hubs of criminal minds and the banning of casinos will develop peace.
sr. member
Activity: 1862
Merit: 295
GOD is TRUE
November 30, 2017, 02:00:45 PM
Gambling is legal in many countries but they haven't said anything about bitcoin gambling so we can consider bitcoin gambling is also legal there.

Gambling is illegal in some countries so any form of gambling is considered illegal there including bitcoin gambling.

There are many gambling platform without any verification procedure where people from all countries can play with bitcoin so there is nothing that can stop bitcoin gambling.

The advantage of crypto currency gambling is it's privacy the registration process needs no verification so no one can find us that we are gambling.But if gambling is prohibited in your country then you must obey the rules.
In my country gambling is not banned only some form of betting is illegal as far now I don't hear any cases regarding gambling arrests so I can gamble with full freedom and it gives us good adrenaline pump. Grin

Legal cases in online gambling only lead to a particular person's report, or the government gets an unusual transaction account account from a suspected person, so in fact this is not really legal gambling for some countries especially developed countries, do not compare gambling especially Crypto gambling with religion because the business is only for people who want to open their minds by using positive economic laws in the free market.
sr. member
Activity: 686
Merit: 264
"STAY IN THE DARK"
November 30, 2017, 01:45:40 PM
Gambling is legal in many countries but they haven't said anything about bitcoin gambling so we can consider bitcoin gambling is also legal there.

Gambling is illegal in some countries so any form of gambling is considered illegal there including bitcoin gambling.

There are many gambling platform without any verification procedure where people from all countries can play with bitcoin so there is nothing that can stop bitcoin gambling.

The advantage of crypto currency gambling is it's privacy the registration process needs no verification so no one can find us that we are gambling.But if gambling is prohibited in your country then you must obey the rules.
In my country gambling is not banned only some form of betting is illegal as far now I don't hear any cases regarding gambling arrests so I can gamble with full freedom and it gives us good adrenaline pump. Grin
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