Pages:
Author

Topic: Is bitcoin gambling really accepted in China ? - page 7. (Read 15998 times)

legendary
Activity: 1666
Merit: 1001
I think gambling is illegal in china, but there is a lot of hidden way to gamble, but still china has a really tight internet security, so its kind of difficult for the people to gamble using bitcoin legally
hero member
Activity: 602
Merit: 500
It is misguided to ask, or even think, if something like gambling is 'illegal' in China, because China's 'legal system' is unlike anything you've likely experienced.

Something may be deemed 'illegal' or prohibited by the central government in Beijing, but if the provincial government in Yunnan wants to facilitate the gambling industry it will do so, carefully. I have lived and travelled throughout China, and I can tell you gambling takes place all over the country. Using Whatsapp I found NL Hold'em games in Shanghai, Beijing, ChongQing, Xiamen, Hangzhou ... basically everywhere I went. Even smaller cities had games. In one city card rooms were opening and holding tournaments. They got around the gambling aspect by requiring you to buy points, and to play for points. You could only cash out your points by buying gold bars - which of course were perfectly fungible. The room operators would introduce me to a guy, a regular player, who could buy my points for cash. Of course that was a 'private transaction' that protected the room. Months later when the central government made a show of cracking down on gambling, the local government shut these very public rooms as well, but the games continued in private apartments, arranged through word-of-mouth and Whatsapp.

Lots of Chinese poker players play poker on Chinese websites. They also play poker on Pokerstars of course. These websites might be blocked by the censors, but a committed gambler will find a way around that.


Ok i take the above for granted. So since a "commited" gambler must find a workaround to bypass the "blocked by the censors" sites , it definetely means that those sites are not considered legit for the chinese players, by the chinese government. Also if a gambler needs to gamble privately in private rooms and apartments,or he needs to be "introduced to some guy," or he must plan "gambling sessions" through Whatsapp, then im pretty sure that he can not do otherwise , meaning that he can not do it free and open -> meaning he cannot do it publicly -> meaning its not accepted by the governments rules -> so we can call it "regulated and not legal",thus we can call it illegal .
hero member
Activity: 1120
Merit: 554
It is misguided to ask, or even think, if something like gambling is 'illegal' in China, because China's 'legal system' is unlike anything you've likely experienced.

Something may be deemed 'illegal' or prohibited by the central government in Beijing, but if the provincial government in Yunnan wants to facilitate the gambling industry it will do so, carefully. I have lived and travelled throughout China, and I can tell you gambling takes place all over the country. Using Whatsapp I found NL Hold'em games in Shanghai, Beijing, ChongQing, Xiamen, Hangzhou ... basically everywhere I went. Even smaller cities had games. In one city card rooms were opening and holding tournaments. They got around the gambling aspect by requiring you to buy points, and to play for points. You could only cash out your points by buying gold bars - which of course were perfectly fungible. The room operators would introduce me to a guy, a regular player, who could buy my points for cash. Of course that was a 'private transaction' that protected the room. Months later when the central government made a show of cracking down on gambling, the local government shut these very public rooms as well, but the games continued in private apartments, arranged through word-of-mouth and Whatsapp.

Lots of Chinese poker players play poker on Chinese websites. They also play poker on Pokerstars of course. These websites might be blocked by the censors, but a committed gambler will find a way around that.
hero member
Activity: 602
Merit: 500
yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm
Chinees people love to gamble so I am sure that they can make use of bitcoin gambling. China is ruling the bitcoin so they would gamble with it.

but in general gambling is illegal in China, so even if they regulate bitcoin as currency, gambling is still illegal Tongue I think its worse if they regulate it
legendary
Activity: 3374
Merit: 2198
I stand with Ukraine.
I'm pretty sure its been made illegal. China is a communist country and the people living there are very poor so the government wants to "protect the people"

Theoretically you are right but I think in China things are going a bit defferently, I think they even have Casinos and things like that in some places. Although the government of the country is communist they are trying to be as capitalist as possible.
legendary
Activity: 1792
Merit: 1283
yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm
Chinees people love to gamble so I am sure that they can make use of bitcoin gambling. China is ruling the bitcoin so they would gamble with it.
Gambling with Bitcoin is currently illegal in China, but I don't know if it's really enforced there.
Are there any Chinese Bitcoin gambling sites? Or would they also play on English sites?

Here's some info on the legal aspect:
https://simonsblogpark.com/onlinegambling/simons-guide-gambling-china/
sr. member
Activity: 420
Merit: 250
yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm
Chinees people love to gamble so I am sure that they can make use of bitcoin gambling. China is ruling the bitcoin so they would gamble with it.
full member
Activity: 196
Merit: 100
i have heared about the news but not conform. my personal view is that yes it will be accepting in china. china is said to be the boss of bitcoin.
hero member
Activity: 770
Merit: 500
yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm

Well because they so poor bitcoin let's them stretch their money a bit further. Also I'm sure the many sweatshops that pay in bitcoin for horrible redundant online work like example world of Warcraft gold farming. Poor guys farm 12 hours or more a day. Wow.
hero member
Activity: 602
Merit: 500
yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm
full member
Activity: 210
Merit: 100
I have already heard about that. but personally I have no experience about that. I think it may be. as they are said to be the founder of bitcoin. therefore I can say that yes they may be using bicoin gambling.
hero member
Activity: 770
Merit: 500
I'm pretty sure its been made illegal. China is a communist country and the people living there are very poor so the government wants to "protect the people"
hero member
Activity: 602
Merit: 500
The last few weeks we have seen a lot of bitcoin volume in the market and its coming from China ('s economy problems Tongue) . So wouldnt it be a good idea for gambling sites to start providing the services to Chinas huge market also  ? I mean i dont really know any BTC casino doing it in china, only a few of them have it chinese-translated. Is it legal to gamble with bitcoin in china?
Pages:
Jump to: