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Topic: Is Bitcoin gambling is legal? - page 6. (Read 2689 times)

sr. member
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December 25, 2017, 09:30:55 AM
As long as the casino has the necessary certification to operate then it is very much legal to operate, there has been a crackdown of cryptocurrency gambling websites that doesn't have license to operate in the first place and those are all being closed down.
full member
Activity: 566
Merit: 102
December 25, 2017, 08:54:40 AM
I think Bitcoin gambling is illegal because even Bitcoin isn't accepted in many country, so using them with a purpose is totally illegal

Ya their are many countries where gambling is illegal so definitely if you gamble through any source of medium its illegal. Also even if gambling is legal but bitcoin is not then too using btc for the gambling become illegal. So it will definitely depend upon the country and its polices towards it. May be better to avoid if some is not sure about both the aspects of it.

No gambling is not legal. All the gamblings are illegal but people gamble anyway. In my country all types of gambling are illegal and as bitcoin is still decentralized therefore the governments has nothing to do with bitcoin, therefore the gamblers put their money here without any fear and hesitation. I don’t know about the other countries. Casinos mean that gambling is legal in those countries.
legendary
Activity: 1526
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December 25, 2017, 05:45:49 AM
There seems to be not legal casinos bitcoin yet. However, gambling in some countries is prohibited. Legality is indispensable, but gamblers never care about it.
That's true, as long as they are not getting in jail for sure they will continue to play gambling online even if it is not legal in their country. Why not? Gambling online is not covered by the government so I think Government also do some way to know those people who still doing gambling online if that is not legal to their country.
That's why now online gambling is very interesting to use, because with online gambling then we are free to do gambling game. Unlike government-monitored casinos, online gambling can keep our privacy in every game. Especially at this time there is a digital currency, in the presence of digital currency such as bitcoin then we can withdraw and deposit with very easy. It can be interpreted that bitcoin is currently very helpful once the development of gambling game. I acknowledge that the gambling industry is increasingly growing, but I remind you that gambling has a high level of risk that we should be able to make decisions appropriately and also be ready when bad conditions come to us.
sr. member
Activity: 588
Merit: 251
December 25, 2017, 04:56:48 AM
Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.
I agree, gambling on forbid in some countries, they are gambled just because addiction and because want to get advantage and pleasure, but not a few of them that even loss because less and eventually lost all the treasure just for the gambling, even not only the treasure but the family can also be a victim of those who have been very addiction by gambling
hero member
Activity: 1078
Merit: 501
December 25, 2017, 03:49:25 AM
There seems to be not legal casinos bitcoin yet. However, gambling in some countries is prohibited. Legality is indispensable, but gamblers never care about it.
That's true, as long as they are not getting in jail for sure they will continue to play gambling online even if it is not legal in their country. Why not? Gambling online is not covered by the government so I think Government also do some way to know those people who still doing gambling online if that is not legal to their country.
full member
Activity: 1638
Merit: 122
December 25, 2017, 03:30:36 AM
i think it depends on the country because some strict countries restricts and ban bitcoin gambling. there were also gambling that is indeed illegal to all countries like dog fighting and real life people who are paid to kill each other.

Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.

gambling is allowed for anyone as long as you can control your self and know your limits on when to stop because we all know that gambling is a verry risky game that wont guarantee or assure you that you can always won. you only have 10 over 90% chance to win in gambling.
sr. member
Activity: 448
Merit: 281
December 25, 2017, 02:58:19 AM
I think Bitcoin gambling is illegal because even Bitcoin isn't accepted in many country, so using them with a purpose is totally illegal

Ya their are many countries where gambling is illegal so definitely if you gamble through any source of medium its illegal. Also even if gambling is legal but bitcoin is not then too using btc for the gambling become illegal. So it will definitely depend upon the country and its polices towards it. May be better to avoid if some is not sure about both the aspects of it.

In most counties bitcoin gambling will be legal because bitcoin is decentralized and the governments have nothing to do with bitcoin. In my country gambling is not allowed but this action does not work in case of bitcoin because the government has no control over bitcoin and people can easily use their bitcoin in gambling. But I want to say that gambling is not good and should not lose his hard earn money in gambling.
hero member
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December 23, 2017, 12:57:08 PM
Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.

Gambling will only become illegal when a country enacted a law that makes it illegal and it will specify what kind of gambling are prohibited in their area. Casinos and other government-sanctioned bettings are allowed to raise some funds by taxing them. Gambling, whether it is legal or not, is not moral.

Well governments tend to be relaxed when it comes to the gambling industry since it can generate a huge amount of money for them. And it's also touted as part of tourism so unless you live in an extremely conservative country, gambling is legal. Now that applies as well for btc gambling since in general, its still online gambling
full member
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December 23, 2017, 04:03:46 AM
Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.

Gambling will only become illegal when a country enacted a law that makes it illegal and it will specify what kind of gambling are prohibited in their area. Casinos and other government-sanctioned bettings are allowed to raise some funds by taxing them. Gambling, whether it is legal or not, is not moral.
full member
Activity: 210
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December 23, 2017, 01:31:09 AM
Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.
hero member
Activity: 798
Merit: 505
December 23, 2017, 12:14:47 AM
There are many legal casino and they used bitcoin as money to gamble but there are some country are not tolerate gambling because they know what would the effects in the life of every person and it can be harm their economy like here in my country some of the government official wanting to stop the legal casino because gambling has negative effects in the business in many people her in my country they get bankrupt due to addiction in gambling.

Casinos with physical buildings have been legalized because the government also earns a lot of income from applicable taxes, it is widely recognized by developed countries because gambling also serves as entertainment so business complexity will also be greeted with more professional gamblers, for online gambling I'm not too sure but the use kyc on the website can be categorized as legal.
The taxes on the business is what the government wants and that's how they are planning to get profit from there too and that's what the government wants. To be part of something that is really working. Think about it, we all want to have positive outcomes especially if it concerns with money.

Government is really concern to money too haha. They will tax it if they want, they will tax you if they want. That is the problem of government now a days when it comes to big money they will takes place and get some of it. On the other hand , still gambling is legal but some of it is illegal like those gambling not on casino or that is prohibited by the government, mostly now of the gambling that is doing is illegal to government but online gambling right now is legal unless there are country that is prohibiting it.
hero member
Activity: 756
Merit: 505
December 22, 2017, 01:10:00 AM
There are many legal casino and they used bitcoin as money to gamble but there are some country are not tolerate gambling because they know what would the effects in the life of every person and it can be harm their economy like here in my country some of the government official wanting to stop the legal casino because gambling has negative effects in the business in many people her in my country they get bankrupt due to addiction in gambling.

Casinos with physical buildings have been legalized because the government also earns a lot of income from applicable taxes, it is widely recognized by developed countries because gambling also serves as entertainment so business complexity will also be greeted with more professional gamblers, for online gambling I'm not too sure but the use kyc on the website can be categorized as legal.
The taxes on the business is what the government wants and that's how they are planning to get profit from there too and that's what the government wants. To be part of something that is really working. Think about it, we all want to have positive outcomes especially if it concerns with money.

Well technically you can tax druglords, arms dealers, hired killers, etc. The fact is tax is on income generated, regardless of source. You can actually be imprisoned for not paying taxes, so that means it is a crime. Remember, Al Capone? He was not convicted because of his illegal activities but actually for non-payment of taxes. Being taxed doesn't mean it is not illegal.
copper member
Activity: 2940
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December 21, 2017, 11:36:04 PM
There are many legal casino and they used bitcoin as money to gamble but there are some country are not tolerate gambling because they know what would the effects in the life of every person and it can be harm their economy like here in my country some of the government official wanting to stop the legal casino because gambling has negative effects in the business in many people her in my country they get bankrupt due to addiction in gambling.

Casinos with physical buildings have been legalized because the government also earns a lot of income from applicable taxes, it is widely recognized by developed countries because gambling also serves as entertainment so business complexity will also be greeted with more professional gamblers, for online gambling I'm not too sure but the use kyc on the website can be categorized as legal.
The taxes on the business is what the government wants and that's how they are planning to get profit from there too and that's what the government wants. To be part of something that is really working. Think about it, we all want to have positive outcomes especially if it concerns with money.
sr. member
Activity: 1876
Merit: 295
GOD is TRUE
December 21, 2017, 11:25:40 PM
There are many legal casino and they used bitcoin as money to gamble but there are some country are not tolerate gambling because they know what would the effects in the life of every person and it can be harm their economy like here in my country some of the government official wanting to stop the legal casino because gambling has negative effects in the business in many people her in my country they get bankrupt due to addiction in gambling.

Casinos with physical buildings have been legalized because the government also earns a lot of income from applicable taxes, it is widely recognized by developed countries because gambling also serves as entertainment so business complexity will also be greeted with more professional gamblers, for online gambling I'm not too sure but the use kyc on the website can be categorized as legal.
hero member
Activity: 714
Merit: 531
December 21, 2017, 06:38:59 PM
There are many legal casino and they used bitcoin as money to gamble but there are some country are not tolerate gambling because they know what would the effects in the life of every person and it can be harm their economy like here in my country some of the government official wanting to stop the legal casino because gambling has negative effects in the business in many people her in my country they get bankrupt due to addiction in gambling.
sr. member
Activity: 1400
Merit: 283
December 21, 2017, 05:59:29 PM
In some countries it is and in others it is not, no matter the case the whole point of using bitcoin  is to be annoynimus and be able to do with it what you want, wethere you want to gamble, or trade or invest that is totaly up to you, the goverment has no controll over your bitcoin action and will never be able to prevent you from doing it unless you go and exchange a large amount of waht your win into real moeny , and that will lead you to being questioned on what is their source.
hero member
Activity: 2520
Merit: 568
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December 21, 2017, 02:41:07 PM
Probably it is legal in most countries, because nowadays it's not regulated as much as land-based gambling and online casinos where only fiat currencies accepted.
It's legal in most countries although there are some countries that duly restrict the usage of bitcoin and other countries so it's affecting gambling too. And there's another situation that a country that duly bans gambling so every type of gambling, fiat, local, casino or online gambling is ban. It's included that gambling with bitcoin is illegal so that's how situations goes.
sr. member
Activity: 490
Merit: 250
December 21, 2017, 09:20:55 AM
There are plenty of bitcoin gambling sites you can find here and yes it is legal but of course it depends which country you came from. In my country gambling sites is not prohibited but if our local exchange find out that your money came from gambling sites they will banned your account. So it really depends on each countries rules.
sr. member
Activity: 1554
Merit: 334
December 21, 2017, 09:08:04 AM
Is Bitcoin gambling is legal?
Well it depends in what place you belong. There are some country accept gambling and some are not. For example here in my county we think gambling as illegal but there are few people are still do it, there are confident because they know that their identity is secured. I admit that I try to gamble online but I realize that I'm just wasting my money so I quit it before it too late.
sr. member
Activity: 588
Merit: 251
December 21, 2017, 09:03:17 AM
Probably it is legal in most countries, because nowadays it's not regulated as much as land-based gambling and online casinos where only fiat currencies accepted.
Yes indeed in some countries gambling legal, but I think if gambling on give himpermission then it must be a lot of problems in the face even though it gambling online, because people who have a hobby gambled then usually they would be involved into a lot of problems, then it will be impact to the country, because no matter how gambled no positive effects
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