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Topic: Legalize internet poker in US? (Read 2092 times)

donator
Activity: 199
Merit: 100
YOU WIN . WE PAY
January 24, 2012, 05:29:23 AM
#17
bitcoin is by far the most attractive micro payment method on the market and if setup correctly at least for gambling sites it can be instant both ways deposits and withdrawals no other payment method on the market can top this at current transfer costs.
sr. member
Activity: 366
Merit: 250
#RIP freemoney
January 23, 2012, 05:10:13 PM
#16

This one is fantastic. Everyone is so nice and competitive. Some even have given me some chips to start off with to get the feel if I like it or not.

So far a big A++++++



6 ⓟⓛⓐⓨⓔⓡ $₦G ①⓪⓪ <-- come steal my chips @ www.sealswithclubs.org
sr. member
Activity: 271
Merit: 250
January 01, 2012, 09:49:01 PM
#15

This one is fantastic. Everyone is so nice and competitive. Some even have given me some chips to start off with to get the feel if I like it or not.

So far a big A++++++
hero member
Activity: 563
Merit: 501
betwithbtc.com
legendary
Activity: 1918
Merit: 1570
Bitcoin: An Idea Worth Spending
December 27, 2011, 12:56:04 PM
#13
Move over Danica Patrick, the Bitcoin chick's in town:


Jayde Nicole

legendary
Activity: 1500
Merit: 1022
I advocate the Zeitgeist Movement & Venus Project.
legendary
Activity: 1904
Merit: 1002
December 26, 2011, 02:21:29 PM
#11
What other poker sites besides betco take BTC? As far as I know, only a trivial amount of BTC has been used for poker sites, so that was not a noteworthy early driver of bitcoin's popularity.

switchpoker.com
strikesapphire.com

there are probably others
legendary
Activity: 1722
Merit: 1004
December 26, 2011, 02:15:53 PM
#10
What other poker sites besides betco take BTC? As far as I know, only a trivial amount of BTC has been used for poker sites, so that was not a noteworthy early driver of bitcoin's popularity.
legendary
Activity: 1904
Merit: 1002
December 26, 2011, 01:42:39 PM
#9
I think it would be a bit short sighted. Gambling creates more problems than it solves.

Perhaps if gambing sites had to advertise using and use in there terminology only spending terms to sugest you were spending you'r money there as opposed to focusing on the possibility of winning.

I agree that "Gambling creates more problems than it solves."  But legislating morality creates more problems than it solves.  Besides, there are more important things for the government to focus on.
hero member
Activity: 1778
Merit: 504
WorkAsPro
December 26, 2011, 01:22:52 PM
#8
I think it would be a bit short sighted. Gambling creates more problems than it solves.

Perhaps if gambing sites had to advertise using and use in there terminology only spending terms to sugest you were spending you'r money there as opposed to focusing on the possibility of winning.
bc
member
Activity: 72
Merit: 10
December 26, 2011, 12:15:18 PM
#7
Bitcoin will be a competitive advantage that the little guys can use - offering faster/cheaper deposit/withdrawal alternatives for their clients. At some point the big boys will seek to quash such competition and purchase protection from their governments.
legendary
Activity: 1050
Merit: 1000
December 26, 2011, 09:50:00 AM
#6
Bitcoin will find its way in..


Would be cool to play real money tables on Zynga tho)
donator
Activity: 305
Merit: 250
December 26, 2011, 12:53:15 AM
#5
Yeah, I agree, it probably doesn't hurt to have poker as another source that uses BTC.  I guess we will find out what the effects are if legalized internet poker comes back.  I doubt the mainstream poker sites would consider using BTC.  They will stick with fiat is my guess.  For BTC, I would much rather they tax it than to make it illegal.

hero member
Activity: 756
Merit: 501
There is more to Bitcoin than bitcoins.
December 25, 2011, 07:32:03 PM
#4
Bitcoin is something new and hard to define in conventional terms, and as such will have a hard time fitting into any kind of conventional regulation. If states legalize online gambling, they will also regulate it, including the flow of fiat currency. Bitcoin will not be welcome, as legalization of online gambling by the states is really only an introduction of the stupidity tax to help deal with budget cuts. It's unrealistic to expect that they would accommodate an alternative to Fed-controlled fiat, even if they could find a way to tax it.

hero member
Activity: 630
Merit: 500
Posts: 69
December 25, 2011, 07:22:22 PM
#3
I am pretty sure with the amount of poker related sites, even with alt coins getting gambling as part of their first services usually, it seems to be a pretty solid business so far.  No matter if the legit markets support Bitcoin or not, the people who will truly make use of it seem to find it.
legendary
Activity: 1708
Merit: 1010
December 25, 2011, 06:59:35 PM
#2
No way to really know the answer to that question, but it certainly doesn't hurt.
donator
Activity: 305
Merit: 250
December 25, 2011, 06:57:47 PM
#1
Saw this on Reuters: http://www.reuters.com/article/2011/12/25/us-internet-gambling-idUSTRE7BO0HA20111225

I remember awhile back people mentioned that part of the reason BTC took off was due to Poker sites being shut down.  I wonder how this will affect BTC if it goes through.  Does poker contribute significantly to BTC economy?
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