Pages:
Author

Topic: Is Bitcoin gambling is legal? - page 17. (Read 2667 times)

member
Activity: 73
Merit: 11
November 22, 2017, 07:47:08 AM
#13
It's called 'trading', like a stock market.
newbie
Activity: 6
Merit: 0
November 22, 2017, 07:44:47 AM
#12
i don't know or it's illegal but i heard for many user its not so i go for it. i think i can earn money for this online networking  Huh Huh
hero member
Activity: 1050
Merit: 529
November 22, 2017, 07:41:27 AM
#11
Is Bitcoin gambling is legal?
As other have said before it depends on the country, different countries have different laws. You are read about it all Here.
hero member
Activity: 1456
Merit: 579
HODLing is an art, not just a word...
November 22, 2017, 07:35:10 AM
#10
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!
member
Activity: 350
Merit: 10
November 22, 2017, 07:32:11 AM
#9
I think ... it's hard to know if gambling with bitcoin is legal or not in a jurisdiction that governs tight gambling in fiat currency. This is because there is no solid test to clarify the legal position.
member
Activity: 84
Merit: 10
November 22, 2017, 07:30:29 AM
#8
Give priority to those that have gambling license, which protects you in case there is a dispute
full member
Activity: 196
Merit: 109
November 22, 2017, 07:19:53 AM
#7
Betting is illegal in countries such as Israel, Taiwan, China, Thailand and quite a few others.
Legal but regulated in most western countries.

Now, if the question is betting in Bitcoin is legal, I would say yes but only in a few countries like Malta.
Please be aware that there is a law void when Bitcoin is concerned, so not legal does not necessarily means illegal.


edit: @mobnepal beat me to it, we are basically saying the same thing...
legendary
Activity: 1218
Merit: 1006
November 22, 2017, 07:18:58 AM
#6
Is Bitcoin gambling is legal?
Its neither legal nor illegal because there is no way to find out who is gambling with bitcoin or not and gamblers can gamble huge amount without getting noticed by their government. So even people from countries where gambling is illegal can gamble with bitcoin and they can easily get rid of any legal issues too.

So gambling with bitcoin can be considered as pseudo-legal.
hero member
Activity: 1022
Merit: 564
Need some spare btc for a new PC
November 22, 2017, 07:14:16 AM
#5
Depends on the country. In countries like Bangladesh, Brunei, Pakistan,... mostly Asia, gambling is illegal and can be fined with prison time and fees, unlike my country where all kinds of gambling are legal as long as you're over 18. Same goes for online gambling.
member
Activity: 126
Merit: 10
November 22, 2017, 07:06:01 AM
#4
Depends on the country/jurisdiction I guess. If gambling is illegal, gambling with anything is going to be illegal, doesn't matter whether it is bitcoin or fiat.
jr. member
Activity: 56
Merit: 2
November 22, 2017, 07:05:07 AM
#3
I think every gambling is illegal

I think it is impractical to say whether gambling with bitcoins is legal or not. Indeed, different jurisdictions react differently to gambling in general. Whatever laws authorities in Antigua, Costa Rica or Panama have put in place, to govern the industry, are almost completely different from those by the US Department of Justice. The former are receptive to gambling using bitcoins and indeed have earned themselves the title of the main centers of the Bitcoin gambling industry.

newbie
Activity: 35
Merit: 0
November 22, 2017, 07:00:31 AM
#2
I think every gambling is illegal
jr. member
Activity: 56
Merit: 2
November 22, 2017, 06:56:10 AM
#1
Is Bitcoin gambling is legal?
Pages:
Jump to: