Is Bitcoin gambling is legal? - page 13.

Soots

sr. member

Activity: 1050

Merit: 251

Quote from: BitcoinHodler on November 22, 2017, 07:35:10 AM

mainly it depends on where you live. in many countries gambling is not illegal and in some places it is.
but also in some countries it depends on whether or not the government can tax online gambling. i believe it is illegal to gamble "online" in US because they could not tax online gambling!

Most countries gambling is illegal but it will depends on there community if its legalized because they have permit to those such gambling games. Gambling is very fun game, doing such games to win or just wish your luck to have money. Most people making as there part of life doing to gamble ,even there last money they try to gamble because they believed last money is there lucky money but unfortunately its not. Doing such gambling may ruin financial aspects and also may cause such conflicts thats why most countries didn't legalized gambling.

Juggy777

hero member

Activity: 2646

Merit: 686

Quote from: James Messy on November 22, 2017, 06:56:10 AM

Is Bitcoin gambling is legal?

When was gambling of any kind legal? Only gambling is legal where the country allows it say Macau Vegas this are places where it's allowed. Bitcoin itself is not legal how will the gambling be legal? Maybe if Japan does allow Bitcoin gambling you could say it's legal out only In Japan but otherwise no other County it is legal. You could try out reputable sites like bitdice and play without any fear.

MiteLit

member

Activity: 145

Merit: 10

i think it depend on where you live, in some places in the world gambling whether regulated or not is legal, in other countries, you can gamble only through certain licences operators and some countries you can not play poker or sport betting.

btcprospecter

sr. member

Activity: 504

Merit: 251

★777Coin.com★ Fun BTC Casino!

I think this would really depend on what laws were already in place in the country you are gambling in however since bitcoin is not regarded as a financial currency everywhere it could be seen as gambling with nothing different than buttons or matches.

MCVXYZ

member

Activity: 630

Merit: 24

Quote from: James Messy on November 22, 2017, 06:56:10 AM

Is Bitcoin gambling is legal?

In specific countries,where the level of law is developed,If you want to create online casino you need to get a special gambling license.This license contains prerequisites,For example in my country this license cost s2.000.000.Olso you need to get license for employess (for example if you have live roulette on your bitcoin gambling site or manager,you must get a special license for this person) But I think, that they can not control bitcoin gambling sites and its very bad because,the owner of the casino does not have any legal binding fear and its bad only for users.This is a general case and nothing special is announced about this in my country.So it's very hard and expensive to create legal bitcoin gambling site and in my opinion 60 % of this gamblings are illegal.

michkima

hero member

Activity: 896

Merit: 514

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.

bitterguy28

full member

Activity: 2114

Merit: 182

★Bitvest.io★ Play Plinko or Invest!

Quote from: kush14 on November 22, 2017, 07:00:31 AM

I think every gambling is illegal

not mate have an many gambling legal and have a permit came from the government intitution example on that the land based casino which, and have many online gambling games have premission to operate by the government instutution in every country, but as of now i can't answer the question about the legality of bitcoin gambling its because have no update information for this issue.

armansolis593

full member

Activity: 182

Merit: 100

It would be illegal depending on what country you are living, different country have different rules regarding gambling and specially when it comes to bitcoin.
Some online bitcoin casino requires you to full identification process before you can withdraw what money you have on your account because of legal matters.

The_prodigy

hero member

Activity: 924

Merit: 500

Quote from: James Messy on November 22, 2017, 06:56:10 AM

Is Bitcoin gambling is legal?

The question we would like to ask forst is where does the gane took place as some countries are according to their law are legalizing gambling and some frown upin it. IF there is a lot of policies regarding gamblig then probably it is frowned upo.

coynedterm

hero member

Activity: 882

Merit: 500

Quote from: James Messy on November 22, 2017, 06:56:10 AM

Is Bitcoin gambling is legal?

In my view bitcoin Gambling is legal , Because I am in this field since 5+ years and also I am much active in every field .
From the practical life analysis here j have the mentility that if the government of the fee countries can allow the making Gambling and betting ( like in England ) , then why not it can be in the online , as we are in the bitcoin field ,so Ofcourse we should make Gambling with bitcoin and it is not illegal in any way .
If we are going to sell the bitcoin then we needed to pay tax according to as per the rule of the government , so I don't think it is bad in any ways . So bitcoin is legal Gambling method .
And I think we should treat the bitcoin as an game like thing , where we can enjoy with the bitcoin Because Money is made for the enjoy and if we can't enjoy them for what thing these are made .

crwth

copper member

Activity: 2870

Merit: 1279

Try Gunbot for a month go to -> https://gunbot.ph

Quote from: boyptc on November 27, 2017, 08:05:06 PM

Quote from: Caladonian on November 27, 2017, 08:01:47 AM

Quote from: boyptc on November 27, 2017, 06:16:44 AM

Quote from: James Messy on November 22, 2017, 06:56:10 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.

boyptc

hero member

Activity: 3024

Merit: 680

★Bitvest.io★ Play Plinko or Invest!

Quote from: Caladonian on November 27, 2017, 08:01:47 AM

Quote from: boyptc on November 27, 2017, 06:16:44 AM

Quote from: James Messy on November 22, 2017, 06:56:10 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.

mx667

full member

Activity: 294

Merit: 114

Quote from: olubams on November 27, 2017, 05:00:59 PM

Quote from: Aamir1 on November 27, 2017, 02:52:34 PM

It depends on both, your country and the legality of Bitcoin. Some countries do not allow the people to gamble and some of them do. Now if your country doesn't prohibit gambling then it is probably legal. But now it also depends if your country has any rules against Bitcoin too or not. If there is no such rule in your country which stops anyone from gambling but Bitcoin is banned in the country then i guess it would be illegal as you are using an illegal currency for gambling. If the authorities find out what you are doing, you might have to face problems. If Bitcoin is neither legal nor illegal in your country then you are free to do it ofcourse.

Countries in the middle east to the best of my knowledge because of the way they are being ruled through various Islamic injunctions, there is no justification whatsoever for gambling whether fiat or btc. But for my country gambling on its own is legal so far you can meet the terms and condition among which the most important one is 18 years the moment that is settled, you are good to go without any limitation. With bitcoin coming to the mainstream, the law is still silent as to which direction we want to go.

Yes, actually it depends on the country where we live. There are countries that legalize gambling, some are forbidding gambling and even imprisoning people who are desperate to gamble. Whatever the type of gambling, even use Bitcoin though.

However, gambling is always found in different parts of the world, in any country. Even in a country that forbids gambling though, there remains a special place for gambling. Some say a term called "official gambling", I do not know about it and what it means. But there is also a gambling place that deliberately pays the authorities such as the police and the government to open gambling halls. Usually, in a corrupt country will be found something like that.

batang_bitcoin

hero member

Activity: 3080

Merit: 603

Gambling is whether online or not as long as the government is strict and has a mandatory rule of law about declaring it as illegal, whether you gamble at your own home or with fake money gambling is illegal. That's the logic that I can think for now but very few countries declaring bitcoin gambling is illegal but there's a lot of it that has a law about gambling as illegal thing or even a type of crime.

olubams

hero member

Activity: 798

Merit: 503

Quote from: Aamir1 on November 27, 2017, 02:52:34 PM

It depends on both, your country and the legality of Bitcoin. Some countries do not allow the people to gamble and some of them do. Now if your country doesn't prohibit gambling then it is probably legal. But now it also depends if your country has any rules against Bitcoin too or not. If there is no such rule in your country which stops anyone from gambling but Bitcoin is banned in the country then i guess it would be illegal as you are using an illegal currency for gambling. If the authorities find out what you are doing, you might have to face problems. If Bitcoin is neither legal nor illegal in your country then you are free to do it ofcourse.

Countries in the middle east to the best of my knowledge because of the way they are being ruled through various Islamic injunctions, there is no justification whatsoever for gambling whether fiat or btc. But for my country gambling on its own is legal so far you can meet the terms and condition among which the most important one is 18 years the moment that is settled, you are good to go without any limitation. With bitcoin coming to the mainstream, the law is still silent as to which direction we want to go.

megynacuna

sr. member

Activity: 756

Merit: 253

Quote from: bhadz on November 27, 2017, 02:19:11 PM

Quote from: James Messy on November 22, 2017, 06:56:10 AM

Is Bitcoin gambling is legal?

In my country there's nothing wrong if you'll gamble with bitcoin. No laws about it but if you'll use bitcoin for something illegal that can put the life of others in danger and threats the government you'll be in jail if the authorities will find it out. But for countries that bitcoin is ban and gambling is banned too, it's obvious.

There is actually nothing wrong with it globally unless they want to tell us that gambling in itself be it fiat based or cryptocurrency based is illegal. I gamble comfortably with Bitcoin and other alts in my country and I guess it's the same everywhere without restrictions especially if we are not interfering with their local exchanges by withdrawing our win coins in their fiats.

Aamir1

hero member

Activity: 756

Merit: 500

It depends on both, your country and the legality of Bitcoin. Some countries do not allow the people to gamble and some of them do. Now if your country doesn't prohibit gambling then it is probably legal. But now it also depends if your country has any rules against Bitcoin too or not. If there is no such rule in your country which stops anyone from gambling but Bitcoin is banned in the country then i guess it would be illegal as you are using an illegal currency for gambling. If the authorities find out what you are doing, you might have to face problems. If Bitcoin is neither legal nor illegal in your country then you are free to do it ofcourse.

bhadz

hero member

Activity: 2520

Merit: 568

Payment Gateway Allows Recurring Payments

Quote from: James Messy on November 22, 2017, 06:56:10 AM

Is Bitcoin gambling is legal?

In my country there's nothing wrong if you'll gamble with bitcoin. No laws about it but if you'll use bitcoin for something illegal that can put the life of others in danger and threats the government you'll be in jail if the authorities will find it out. But for countries that bitcoin is ban and gambling is banned too, it's obvious.

sukamasoto

legendary

Activity: 1148

Merit: 1006

Black Panther

Quote from: dmamigo on November 27, 2017, 01:36:54 PM

In our country, even though Casinos and gambling houses are not allowed at all the places, but online gambling seems to be getting accepted and government haven't opposed. Also Bitcoin is also neither illegal nor legal, so as of now Bitcoin Gambling seems to be fine. Till cryptocurrencies and gambling is allowed, I believe no issues will be there legally.

IMO bitcoin as gambling transaction is different things and can't be compare with fiat since bitcoin still have no regulation except your government already legalize bitcoin just like China.
Overall , bitcoin gambling is legal as long as it not cause any major problem !

dmamigo

sr. member

Activity: 1232

Merit: 250

In our country, even though Casinos and gambling houses are not allowed at all the places, but online gambling seems to be getting accepted and government haven't opposed. Also Bitcoin is also neither illegal nor legal, so as of now Bitcoin Gambling seems to be fine. Till cryptocurrencies and gambling is allowed, I believe no issues will be there legally.

Topic: Is Bitcoin gambling is legal? - page 13. (Read 2667 times)