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Topic: Is Bitcoin gambling is legal? - page 9. (Read 2667 times)

hero member
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★Bitvest.io★ Play Plinko or Invest!
December 06, 2017, 06:52:47 PM
Some bitcoin casinos are legal. If a bitcoin casino is operated in the same manner as a traditional casino, it will fall under the same laws as if it is a traditional casino. There are no federal laws against online gambling. However, there are some state laws prohibiting the practice.
Where ever the gambling is banned there bitcoin gambling is also banned. but no one can find us easily so people play bitcoin gambling and there is no legal and illegal matter in online gambling.
You have different kind of regulations in different countries. I think in some islamic countries gambling is forbitten in general and this totally independent of whether for money or not.

Then you have countries where it is forbitten to gamble for money, but if bitcoin is not considered as money and in most countries it is not, then gambling for bitcoin is legal.

However, there are few gambling sites like Jetwin where you can play with anonymous accounts and bitcoin is basically anonymous as well.
Many gambling sites were made to have anonymous player in this way we can play without anyone knowledge that we are in gambling since there's no system they can fins it, governments were not aware yet that gambling online can be easily play as long as we have cryptos.
To be clear many bitcoin casinos are made to anonymous! Fiat based casinos ask for cresi cards and IDs, and other kind of verification documents, how can you give them all that and stay anonymous? With bitcoins no one can trace you, is it your wallet or not, you can always use VPN if casino allows that, no matter is bitcoin gambling legal or illegal people will find a way to access bitcoin gambling site and deposit bitcoins there. If fiat online gambling is forbidden in your country it would be very hard to find a way to deposit money.
legendary
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Bounty Mngr & Article Writer https://goo.gl/p4Agsh
December 06, 2017, 06:13:24 PM
Some bitcoin casinos are legal. If a bitcoin casino is operated in the same manner as a traditional casino, it will fall under the same laws as if it is a traditional casino. There are no federal laws against online gambling. However, there are some state laws prohibiting the practice.
Where ever the gambling is banned there bitcoin gambling is also banned. but no one can find us easily so people play bitcoin gambling and there is no legal and illegal matter in online gambling.
You have different kind of regulations in different countries. I think in some islamic countries gambling is forbitten in general and this totally independent of whether for money or not.

Then you have countries where it is forbitten to gamble for money, but if bitcoin is not considered as money and in most countries it is not, then gambling for bitcoin is legal.

However, there are few gambling sites like Jetwin where you can play with anonymous accounts and bitcoin is basically anonymous as well.
Many gambling sites were made to have anonymous player in this way we can play without anyone knowledge that we are in gambling since there's no system they can fins it, governments were not aware yet that gambling online can be easily play as long as we have cryptos.
full member
Activity: 336
Merit: 103
December 06, 2017, 03:54:20 PM
Some bitcoin casinos are legal. If a bitcoin casino is operated in the same manner as a traditional casino, it will fall under the same laws as if it is a traditional casino. There are no federal laws against online gambling. However, there are some state laws prohibiting the practice.
Where ever the gambling is banned there bitcoin gambling is also banned. but no one can find us easily so people play bitcoin gambling and there is no legal and illegal matter in online gambling.
You have different kind of regulations in different countries. I think in some islamic countries gambling is forbitten in general and this totally independent of whether for money or not.

Then you have countries where it is forbitten to gamble for money, but if bitcoin is not considered as money and in most countries it is not, then gambling for bitcoin is legal.

However, there are few gambling sites like Jetwin where you can play with anonymous accounts and bitcoin is basically anonymous as well.
sr. member
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December 06, 2017, 03:37:42 PM
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.

Already many bitcoin gambling sites are using KYC, I am glad because in the end there is a step forward to make users more comfortable and not overshadowed by government reprimands. Bitcoin gambling is not illegal as long as there is an official tax and management system, but I think the number of websites like this is not much and this should start from now.
member
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December 06, 2017, 11:00:55 AM
It is depends upon the persons only. In general gambling is not advisable it starts with fun and it become like a habit after that addicted to it and not possible to come out of it. That's why max countries ban gambling and it is illegal also. Lot of people bread earnings are depend on gambling profession only. So it is difficult to answer this question.
sr. member
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Vave.com - Crypto Casino
December 06, 2017, 10:32:15 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.
hero member
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December 06, 2017, 10:24:01 AM
After all, with cryptocurrency and online casinos, you can stay anonymous as long as you want and not a single government will ever know if you are gambling or not unless you want to go surrender yourself to the cops.

You can stay anonymous for a long time until they decided to purge everyone. The reason that we could stay like this is because the goverment hasnt put any effort into this. The reason is because there are alot of illegal gambling website and it will take some resources for them to purge everything so if this hasnt cause any problem for them then they wont be doing anything

But I think there is no way to find the users who is playing bitcoin gambling because all the transactions are anonymous so no way to trace our details and many gambling sites don't need our personal information for registration so we can gamble without get caught but it is an illegal action if your country banned gambling.
hero member
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December 06, 2017, 10:05:07 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.

In this point wise, i also think that online gambling is not illegal, a huge gamblers are daily play on these sites, they use their money becasue they trust on these online bitcoin gambling sites and i am also one of them who trust them. Because these sites are register and paying taxes, so nothing more prove anyone need it. I think these proves are enough to play bitcoin gambling in online sites.       
hero member
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December 06, 2017, 09:50:37 AM
After all, with cryptocurrency and online casinos, you can stay anonymous as long as you want and not a single government will ever know if you are gambling or not unless you want to go surrender yourself to the cops.

You can stay anonymous for a long time until they decided to purge everyone. The reason that we could stay like this is because the goverment hasnt put any effort into this. The reason is because there are alot of illegal gambling website and it will take some resources for them to purge everything so if this hasnt cause any problem for them then they wont be doing anything
legendary
Activity: 1176
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December 06, 2017, 09:09:53 AM
Gambling Bitcoin and ordinary gambling are just the same things I think. It's just that if ordinary gambling uses ordinary currency, then Bitcoin gambling will use cryptocurrency as a tool for transactions. With cryptocurrency, I think people would prefer Bitcoin gambling instead of ordinary gambling. People will be easier to play gambling online and in secret without known to many people, there are some people who like that. With cryptocurrency, transactions and money transfers become encrypted and confidential. It is difficult for people to track and know gambling players or gambling service providers.
And it is exactly your last statement that totally makes it different. It is easy for government to impose a law and it would be very hard for anyone to go against it since you can easily get nabbed. Even if you want to go underground, one way or the other, you will still get leaked out.

After all, with cryptocurrency and online casinos, you can stay anonymous as long as you want and not a single government will ever know if you are gambling or not unless you want to go surrender yourself to the cops.
full member
Activity: 196
Merit: 122
December 06, 2017, 04:12:53 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.
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.
hero member
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December 06, 2017, 02:51:40 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.
hero member
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Leading Crypto Sports Betting & Casino Platform
December 06, 2017, 02:40:44 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).
I am going to support your stance without any second thought because there is nothing which can flourish publicly without the support of governments. As far as gambling is concerned and that too in land based casinos, these casinos are paying heavy taxes to the state and in return they gain permit from government for ruining eth lives of people. Indeed bitcoin gambling is not declared illegal by any state or any law.
newbie
Activity: 17
Merit: 30
December 06, 2017, 01:06:36 AM
Some bitcoin casinos are legal. If a bitcoin casino is operated in the same manner as a traditional casino, it will fall under the same laws as if it is a traditional casino. There are no federal laws against online gambling. However, there are some state laws prohibiting the practice.
Where ever the gambling is banned there bitcoin gambling is also banned. but no one can find us easily so people play bitcoin gambling and there is no legal and illegal matter in online gambling.
member
Activity: 112
Merit: 11
December 05, 2017, 09:17:53 PM
Some bitcoin casinos are legal. If a bitcoin casino is operated in the same manner as a traditional casino, it will fall under the same laws as if it is a traditional casino. There are no federal laws against online gambling. However, there are some state laws prohibiting the practice.
member
Activity: 104
Merit: 18
December 05, 2017, 08:33:18 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.
full member
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December 05, 2017, 05:50:52 PM
Is Bitcoin gambling is legal?
There is nothing illegality in bitcoin based gambling but i am not sure whether all the gambling sites are registered according to conventional way but from what i understand some gambling sites are registered in some free heavens,there are good genuine sites and make sure you enquire about the site before depositing your money whether it is legit or not.
I really doubt if there is any registered gambling site. They do not have a direct link with the government and except maybe where the server may be located (not sure how they get themselves running daily though), which could be the only reason.

Moreover, even that does not mean anything. There are so many countries that are friendly with gambling and for the gamblers themselves, the only problem they may have is cashing out, only if the government bans cryptocurrency. Except for this, the legality of bitcoin gambling is based on the country and how the person wants to stick to the law.
All things is illegal if it is prohibited by its own government and if bitcoin gambling called to be illegal by your authorities then it was considered as illegal. Somehow bitcoin as a decentralised system so it is hard for the government to oppose and for that there is nothing to worry and will just go by the flow.
brand new
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Merit: 0
December 05, 2017, 09:09:56 AM
Is Bitcoin gambling is legal?
There is nothing illegality in bitcoin based gambling but i am not sure whether all the gambling sites are registered according to conventional way but from what i understand some gambling sites are registered in some free heavens,there are good genuine sites and make sure you enquire about the site before depositing your money whether it is legit or not.
In some religion and states gambling is consider as illegal either you play it using fiat currency or bitcoin.
legendary
Activity: 1554
Merit: 1054
December 05, 2017, 03:28:07 PM
Is Bitcoin gambling is legal?
There is nothing illegality in bitcoin based gambling but i am not sure whether all the gambling sites are registered according to conventional way but from what i understand some gambling sites are registered in some free heavens,there are good genuine sites and make sure you enquire about the site before depositing your money whether it is legit or not.
I really doubt if there is any registered gambling site. They do not have a direct link with the government and except maybe where the server may be located (not sure how they get themselves running daily though), which could be the only reason.

Moreover, even that does not mean anything. There are so many countries that are friendly with gambling and for the gamblers themselves, the only problem they may have is cashing out, only if the government bans cryptocurrency. Except for this, the legality of bitcoin gambling is based on the country and how the person wants to stick to the law.
hero member
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Leading Crypto Sports Betting & Casino Platform
December 05, 2017, 08:57:45 AM
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
This is the biggest dilemma of gambling industry. This is highly banned in every country but is the most flourishing illegal business in the world. but wait for a second, land based casinos exist in the world and they have permits from government of the state for operating their casinos which means gambling is not band around the globe and this is why using bitcoin in gambling is also not illegal thing to earn money.
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