Is Bitcoin gambling is legal? - page 8.

mirakal

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Quote from: Kotone on December 17, 2017, 09:48:10 PM

Quote from: James Messy on November 22, 2017, 05:56:10 AM

Is Bitcoin gambling is legal?

IT would be depending on the country on where you would be gambling. especially now that there is a lot of going on woth bitcoin being banned and somecou tries imposing strict regualtions on it. There might be some countries who tink of this two as illegal

It cannot be illegal if a certain country does not legalize or recognize bitcoin yet, it's just a payment system and they will be having a hard time to shut down a gambling sites as there are a lot of sites operating in different countries. For me, bitcoin gambling gives conveniences because we can play in any gambling sites and we are not required to comply with the KYC so it's just like the trust system are building here, besides, they will lose profit if they will destroy their reputation.

Kotone

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Quote from: James Messy on November 22, 2017, 05:56:10 AM

Is Bitcoin gambling is legal?

IT would be depending on the country on where you would be gambling. especially now that there is a lot of going on woth bitcoin being banned and somecou tries imposing strict regualtions on it. There might be some countries who tink of this two as illegal

Nerman

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Quote from: James Messy on November 22, 2017, 05:56:10 AM

Is Bitcoin gambling is legal?

Here in my country Online gambling is legal, of course if you have a permit. Regardless if you are using Bitcoin or FIAT it should be legal if the countries laws are allowing it and illegal if they are prohibits it.

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Quote from: somblennx on December 17, 2017, 10:11:49 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.

it's depend on your the county, Some countries is legal and not legal.
yes, sometimes the people is not care about that if you are an addict in gambling, do not care about legal or not legal.

somblennx

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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.

Caladonian

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Quote from: milewilda on December 17, 2017, 09:43:01 AM

Quote from: eternalgloom on December 08, 2017, 08:13:18 AM

Quote from: BossMacko on December 06, 2017, 01:51:40 AM

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

Even if a casino is registered in a country with lax gambling laws they could still end up scamming you.
There are enough stories of people winning big jackpots in traditional casino's and not receiving their money.

Okay, some Bitcoin casino's may not be registered, but they do have a proven track record, which makes it pretty safe to play there.
Ofc I wouldn't leave any funds on your account if you're not playing.

Also, most good Bitcoin casinos have instant payouts.

This is really a real-life situation on where even on those legalized or complete document gambling sites or casinos do really have still the risk on not being paid when you do hit jackpots or big prizes which means no matter where you go the risk of getting scammed is there but somehow if we do engage on legalized casinos we do have the chance to trace em up than on those who dont have any licenses at all.

Good point, with legal casino's we will be able to find ways to sue them if they will scam us while those who doesn't have documents we can't do nothing, legality is part of some assurance although we really can't predict or assess whether a casino is good or not even they are legal documents, still we are
at risk especially with btc houses.

eann014

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Quote from: drmarcobelli on December 04, 2017, 11:15:26 AM

depends where u from.
if gambling online is illegal that even btc is.
if btc is illegal then it is.

Yes, because I think some countries banned bitcoin but I don't know exactly how many countries and what are those exactly countries but here in our countries bitcoin gambling is not banned or either illegal. As long as internet is not banned it is legal and everyone can still play bitcoin gambling.

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Quote from: katinko on December 06, 2017, 03:12:53 AM

Quote from: BossMacko link=topic=2442266.msg2illegal40#msg25830640 date=1512543100

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

There are some casino even offline and online has registered in the government and that is legal but there are some gambling are illegal and mostly it was in online and i think there are some bitcoin gambling which is illegal and we need to avoid that we need to choose the legit that we can keep our money even we do not monitor our fund there but we are confident that it was safely kept in the site.

The undocumented gambling businesses are ilegal, they should first get permission, papers etc. Some online gambling websites are illegal because they are not regulated. If you wanted to play at a gambling site with an ease, you should search for the legitimate one like what you have said.
There are some countries that prohibited gambling like in the middle east.

milewilda

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Quote from: eternalgloom on December 08, 2017, 08:13:18 AM

Quote from: BossMacko on December 06, 2017, 01:51:40 AM

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

Even if a casino is registered in a country with lax gambling laws they could still end up scamming you.
There are enough stories of people winning big jackpots in traditional casino's and not receiving their money.

Okay, some Bitcoin casino's may not be registered, but they do have a proven track record, which makes it pretty safe to play there.
Ofc I wouldn't leave any funds on your account if you're not playing.

Also, most good Bitcoin casinos have instant payouts.

This is really a real-life situation on where even on those legalized or complete document gambling sites or casinos do really have still the risk on not being paid when you do hit jackpots or big prizes which means no matter where you go the risk of getting scammed is there but somehow if we do engage on legalized casinos we do have the chance to trace em up than on those who dont have any licenses at all.

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Quote from: Siopao on December 08, 2017, 09:40:43 AM

Some countries legalize gambling and others don't recognize it as legal activity. So it really depends on the country and it doesn't really matter if its fiat or bitcoin. It just follows the general rule in gambling per country.

In most of the country gambling is illegal but in every country, you can see gamblers. Like that, if governament ban gambling it will not affect the online gambling. You can play gambling anywhere from using bitcoin, and yes it depends on the country, some countries will take severe action if anyone involved in gambling.

randombestboy

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I think Bitcoin gambling is illegal because even Bitcoin isn't accepted in many country, so using them with a purpose is totally illegal

Asmonist

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Yes. Bitcoin is a recognize cryptocurrency and is now used by almost everybody. It cannot get this far if its not legal. The regularization maybe not yet proclaimed in some countries but generally its a legal medium of exchange. Using it in gambling is not impossible since there are already lots of online games and bettings. The easiest way for its payment is thru bitcoin payment

Siopao

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Some countries legalize gambling and others don't recognize it as legal activity. So it really depends on the country and it doesn't really matter if its fiat or bitcoin. It just follows the general rule in gambling per country.

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Quote from: BossMacko on December 06, 2017, 01:51:40 AM

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

Even if a casino is registered in a country with lax gambling laws they could still end up scamming you.
There are enough stories of people winning big jackpots in traditional casino's and not receiving their money.

Okay, some Bitcoin casino's may not be registered, but they do have a proven track record, which makes it pretty safe to play there.
Ofc I wouldn't leave any funds on your account if you're not playing.

Also, most good Bitcoin casinos have instant payouts.

siti25

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Each country must have different policies. And for my country, bitcoin gambling is definitely illegal because gambling itself is illegal. And if I'm not mistaken, Bitcoin is still not legal here, so there's no reason for me to legalize bitcoin gambling, bitcoin gambling is definitely illegal here.

Pixyoxx

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Bitcoin in the case of gambling is just a monetary mode used for exchange of values and to facilitate transaction, the question should have been whether gambling is illegal or not.

Different countries and areas have different attitude towards gambling. While its taken as just any other recreational activities in some parts of the world, it is seen an an illegal act, and punnishable offence in other parts of the world.

It is definetely country specific. As per your question, gambling with the use of bitcoin is not illegal in itself because bitcoin is just a monetary transaction tool that you are using, in whose absence you would go for regular currency or any other currency. Use of bitcoin for gambling purpose is surging and gaining popularity.

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Quote from: lamjed on December 05, 2017, 07:33:18 PM

Bitcoin proved that it is a powerful tool in gambling; talking about the online gambling. a lot of sectors are accepting bitcoin payments especially casinos.

And casino's specific with online bitcoin casino's did contribute well to what bitcoin is now. Before there are a lot of people who are gambling that way and keeps on winning a lot and it helps to the demand of bitcoin since there are too many addicted gamblers worldwide that wants to hide their identities.

Btc_1856

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Quote from: samcrypto on December 06, 2017, 09:32:15 AM

Quote from: BossMacko on December 06, 2017, 01:51:40 AM

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

Indeed, and I think this is more profitable if you are lucky enough compare to regular fiat money. Casinos are registered business and I have no doubt that they are legal but still be careful because not all online casinos are legally operated.

Yes, sometime it is very hard to control the emotions because most of time we are going to loose money. Some casino are registered and it is going to be legal if you gamble with those casino. Those casino will legally operated.

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Quote from: God Fist on December 02, 2017, 07:18:21 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 .

BITCOIN gambling is legal in most of the countries because it is the matter between two men not the two states and governments would announce it illegal as soon as they would find any activity in gambling which poses a threat to the piece of one country with another.

Instead of giving harm to one country gambling provides huge profits to that country because casinos pay governments for their legalization and people are showing much interest in casinos in modern era.

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Quote from: James Messy on November 22, 2017, 05:56:10 AM

Is Bitcoin gambling is legal?

Some of casinos have papers to run their website but mostly or the most gambling sitesnare illegal which they are running it anonimously but i came always when gambling i always looking for the policy and reading them before playing most of people are too lazy to read that also the mechanics it self.

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