Thailand government seeks measures to tackle the problems of illegal gambling. - page 3.

ethereumhunter

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Quote from: stadus on March 07, 2021, 06:21:10 AM

Quote from: Sithara007 on March 06, 2021, 11:58:07 PM

Quote from: Finestream on March 06, 2021, 07:33:18 AM

Correct but as a crypto enthusiast, I guess I would prefer to carry bitcoin as its safer and untraceable. Debit card is also good though but crypto is the best, as long as you understand its volatility and know how to manage it, you can always carry as much as you want, even $1 million usd as it's all in your wallet.

Yes.. Bitcoin offers 100% anonymity, as long as you are storing your coins in a wallet which doesn't have any transactions made to KYC-enabled exchanges. Since it is a digital asset, you don't face any checks at the airport as well. It can't get any better than this. You can first convert fiat to BTC in Thailand and then travel to a country such as Cambodia, where gambling is legal. And there you can convert your BTC to fiat and visit the casinos. If you win big amounts, then once again you can convert it back to BTC and travel back to Thailand.

If these countries you've mentioned support crypto then it's easy to travel with huge money in your bitcoin wallet, but if not, it's still useless. Exchanging your bitcoin in countries where p2p is the most popular is not easy, especially if you are a tourist, correct me if I'm wrong.

Or he can use the third service to help them convert their bitcoin easily, so they can use that money for whatever they want. Maybe that will not be easy for them, but I think they will search for the right answer by getting information from the internet. With the internet's help, I am sure before they travel to the other country, they will make sure that they have enough information about the destination country so they will not get into trouble while they stay.

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Quote from: ethereumhunter on March 07, 2021, 10:14:24 AM

Or he can use the third service to help them convert their bitcoin easily, so they can use that money for whatever they want. Maybe that will not be easy for them, but I think they will search for the right answer by getting information from the internet. With the internet's help, I am sure before they travel to the other country, they will make sure that they have enough information about the destination country so they will not get into trouble while they stay.

Most of the third party services require KYC, and that is a massive handicap when you go against the law. One option is to go for virtual prepaid debit cards such as Ezzocard, if you want to convert your coins to cash. They require no KYC, up to a certain limit and may be more attractive than dealing with unknown traders in various P2P platforms. Anyway, in the end the gambler will chose the option which looks the most convenient and safe.

Silberman

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Quote from: Xinarae* on March 04, 2021, 12:46:03 AM

Online gambling is banned in thailand the government does not issue any licenses that allow operator VAT sites to gamble online in thailand. In reality the country has never considered such a possibility as worldly forms of gambling are generally banned despite the ban local players enjoy foreign services there are many online gambling sites that take thai players, although a few of them are available in thai. At the same time the ministry of information and communication technology periodically tries to control the situation these will be banned if the government imposes taxes on them.

It is surprising they are so against gambling when it is an industry that it is impossible to stop, gambling can be done now from the comfort of your own home, there was a time before the Internet that if you wanted to gamble and it was forbidden you needed to go to the ugly part of your city and know where the underground casino was placed, but now you can gamble with just a few clicks, governments need to realize the change in the technology and instead try to regulate gambling on their countries, not only this will benefit their citizens but this will benefit them as they get more taxes as a result of such regulation.

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Quote from: coin.princess on March 07, 2021, 10:43:52 AM

Would be much easier just to make gambling legal, that way you will avoid all the illegal gambling problems and you have more supervision.
You will also avoid money laundering that way.

This doesn't guarantee that illegal gambling will be eliminated as even in some countries where gambling is legal, there are still a lot of illegal gambling establishments operating because the government can't monitor everything, it will only minimize the problem but it will not eradicate.

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Quote from: 2double0 on March 07, 2021, 02:39:01 PM

Quote from: coin.princess on March 07, 2021, 10:43:52 AM

Would be much easier just to make gambling legal, that way you will avoid all the illegal gambling problems and you have more supervision.
You will also avoid money laundering that way.

I think they are not ready to make it legal there, the way you see countries like India, Sri Lanka, Philippines and many which do not appreciate any gambling activities, yet their citizens gamble on various online gambling platforms. We are very small scale people and discussing it here will not bring any changes there in Thailand. If people of Thailand want a change, they should file a petition and sign it and legally request their government to make gambling legal in their country.

Results of said petition or proposal wouldnt really give out guarantees or high chances for it to be approved because it all matters with governments decision in the end of the day.
Every country does have their own jurisdiction on things this is why we do see some citizens do really come out into a certain extent just for them to deal up with gambling
even though they do know that it is prohibited but still they decide to continue and embrace up the risk.They cant do anything as long it is banned or illegal then
they would really be playing with fire.

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Quote from: coin.princess on March 07, 2021, 10:43:52 AM

Would be much easier just to make gambling legal, that way you will avoid all the illegal gambling problems and you have more supervision.
You will also avoid money laundering that way.

I think they are not ready to make it legal there, the way you see countries like India, Sri Lanka, Philippines and many which do not appreciate any gambling activities, yet their citizens gamble on various online gambling platforms. We are very small scale people and discussing it here will not bring any changes there in Thailand. If people of Thailand want a change, they should file a petition and sign it and legally request their government to make gambling legal in their country.

coin.princess

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Would be much easier just to make gambling legal, that way you will avoid all the illegal gambling problems and you have more supervision.
You will also avoid money laundering that way.

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Quote from: stadus on March 07, 2021, 06:21:10 AM

If these countries you've mentioned support crypto then it's easy to travel with huge money in your bitcoin wallet, but if not, it's still useless. Exchanging your bitcoin in countries where p2p is the most popular is not easy, especially if you are a tourist, correct me if I'm wrong.

A certain amount of risk is always there in P2P transactions. But as long as you limit your transactions with traders having a very good feedback score, you should be OK. Compared to the other options (such as carrying cash or prepaid cards), this option seems to be easier and safe for me. Obviously you need to be careful, to avoid falling in legal trouble and scams. But if you have the experience in traveling from one country to other for gambling, then I expect you to have some basic understanding of how things work there.

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Quote from: Sithara007 on March 06, 2021, 11:58:07 PM

Quote from: Finestream on March 06, 2021, 07:33:18 AM

Correct but as a crypto enthusiast, I guess I would prefer to carry bitcoin as its safer and untraceable. Debit card is also good though but crypto is the best, as long as you understand its volatility and know how to manage it, you can always carry as much as you want, even $1 million usd as it's all in your wallet.

Yes.. Bitcoin offers 100% anonymity, as long as you are storing your coins in a wallet which doesn't have any transactions made to KYC-enabled exchanges. Since it is a digital asset, you don't face any checks at the airport as well. It can't get any better than this. You can first convert fiat to BTC in Thailand and then travel to a country such as Cambodia, where gambling is legal. And there you can convert your BTC to fiat and visit the casinos. If you win big amounts, then once again you can convert it back to BTC and travel back to Thailand.

If these countries you've mentioned support crypto then it's easy to travel with huge money in your bitcoin wallet, but if not, it's still useless. Exchanging your bitcoin in countries where p2p is the most popular is not easy, especially if you are a tourist, correct me if I'm wrong.

Sithara007

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Quote from: Finestream on March 06, 2021, 07:33:18 AM

Correct but as a crypto enthusiast, I guess I would prefer to carry bitcoin as its safer and untraceable. Debit card is also good though but crypto is the best, as long as you understand its volatility and know how to manage it, you can always carry as much as you want, even $1 million usd as it's all in your wallet.

Yes.. Bitcoin offers 100% anonymity, as long as you are storing your coins in a wallet which doesn't have any transactions made to KYC-enabled exchanges. Since it is a digital asset, you don't face any checks at the airport as well. It can't get any better than this. You can first convert fiat to BTC in Thailand and then travel to a country such as Cambodia, where gambling is legal. And there you can convert your BTC to fiat and visit the casinos. If you win big amounts, then once again you can convert it back to BTC and travel back to Thailand.

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Quote from: Finestream on March 06, 2021, 07:33:18 AM

Quote from: bryant.coleman on March 05, 2021, 11:53:55 PM

Quote from: TheGreatPython on March 04, 2021, 12:46:30 PM

But, the money was never going to the government from these illegal sites and bookies anyway so the best they can do is just try and ban all the illegal stuff that happens.

I don't understand one thing honestly. How do gamblers actually cash their winnings. I understand they might make bets and win money in BTC let's say and withdraw without any problems from the casino. But once they cash the BTC for fiat, they will have to answer from where they got this money and have to pay taxes on them. So how do these guys avoid them always confuses me.

Even if they take the PayPal route by converting their BTC into Paypal and withdrawing to the bank, then still the money comes to the bank at the end of the day and you have to pay taxes and answer the tax authorities about how you earned it.

Many of the countries allow international travellers to carry up to $10,000 in cash with them (that limit may vary from country to country). Purchasing Bitcoin is going to be one of the most attractive options. Also, there are other options, such as purchasing gold coins, luxury items.etc. Another option is to purchase prepaid debit cards, which require no KYC. There are hundreds of options and unless the individual in question wins millions of USD in prizes, it is not going to be an issue.

Correct but as a crypto enthusiast, I guess I would prefer to carry bitcoin as its safer and untraceable. Debit card is also good though but crypto is the best, as long as you understand its volatility and know how to manage it, you can always carry as much as you want, even $1 million usd as it's all in your wallet.

Bitcoin is safer and not untraceable if you don't use privacy wallet or tumbler and footing the OP explanation about how the illegal gambling is done, the possible payment used by the gamblers to the house fiat currency, gold coin, etc because the gambling are performed in person not online so the use crypto as payment may not be allowed and the chance of people contacting the virus is high, that's the reason why the Thailand government want to take a drastic measure.

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Quote from: Viscore on March 06, 2021, 05:51:49 PM

Quote from: molsewid on March 06, 2021, 05:38:58 PM

Quote from: iTradeChips on March 06, 2021, 09:01:55 AM

Now aside from the issue with big illegals, we also have to recognize the problem with small scale gambling in rural areas. I think if we are going to get a somewhat different perspective on this, is that the government might not be able to tackle all of them, especially the small ones. I mean as long as there will be people willing to bet or gamble, there would be people willing to set up operations in their locale. Legitimize, and you will not have any problems at all.

Small group of locale continuously doing their betting or gambling session despite of the strict rules of the governmentbthat gambling was prohibited was a much more difficult to handle kind of case rather than taking an action to a big gambling businesses right. I bet, people who used to be a bettors or gambler couldn't be controlled and they will going to find its way to play gambling with or without the permission of their government. I am agreeing in the fact of legitimizing gambling or betting because if ever any gambling session they can collect a taxes be it locale of big group and it can help the country's economic problem.

There problem is illegal gambling, therefore we can assume that they are already regulating gambling but the implementation is weak. Maybe they just have to improve on that part, strict implementation so those who are illegally operating will be stop and the revenue of the government in coming from taxes will increase if they can influence effectively those running illegal gambling to legitimize themselves.

Really that you want to improve regulations to collect more taxes from small bettors in rural areas? Probably these people live in financial difficult already and their only hobby after a day or week of hard work is to gamble a little bit with their local friends. If goverments are going to become more strict towards these gamblers they will become poorer than they already are or they will lose their happy hour activity.
There are another ways to increase revenue for governments without ruining some farmers fun time.

Viscore

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Quote from: molsewid on March 06, 2021, 05:38:58 PM

Quote from: iTradeChips on March 06, 2021, 09:01:55 AM

Now aside from the issue with big illegals, we also have to recognize the problem with small scale gambling in rural areas. I think if we are going to get a somewhat different perspective on this, is that the government might not be able to tackle all of them, especially the small ones. I mean as long as there will be people willing to bet or gamble, there would be people willing to set up operations in their locale. Legitimize, and you will not have any problems at all.

Small group of locale continuously doing their betting or gambling session despite of the strict rules of the governmentbthat gambling was prohibited was a much more difficult to handle kind of case rather than taking an action to a big gambling businesses right. I bet, people who used to be a bettors or gambler couldn't be controlled and they will going to find its way to play gambling with or without the permission of their government. I am agreeing in the fact of legitimizing gambling or betting because if ever any gambling session they can collect a taxes be it locale of big group and it can help the country's economic problem.

There problem is illegal gambling, therefore we can assume that they are already regulating gambling but the implementation is weak. Maybe they just have to improve on that part, strict implementation so those who are illegally operating will be stop and the revenue of the government in coming from taxes will increase if they can influence effectively those running illegal gambling to legitimize themselves.

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Quote from: iTradeChips on March 06, 2021, 09:01:55 AM

Now aside from the issue with big illegals, we also have to recognize the problem with small scale gambling in rural areas. I think if we are going to get a somewhat different perspective on this, is that the government might not be able to tackle all of them, especially the small ones. I mean as long as there will be people willing to bet or gamble, there would be people willing to set up operations in their locale. Legitimize, and you will not have any problems at all.

Small group of locale continuously doing their betting or gambling session despite of the strict rules of the governmentbthat gambling was prohibited was a much more difficult to handle kind of case rather than taking an action to a big gambling businesses right. I bet, people who used to be a bettors or gambler couldn't be controlled and they will going to find its way to play gambling with or without the permission of their government. I am agreeing in the fact of legitimizing gambling or betting because if ever any gambling session they can collect a taxes be it locale of big group and it can help the country's economic problem.

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Quote from: carlisle1 on March 06, 2021, 11:52:34 AM

Quote from: Finestream on March 06, 2021, 07:33:18 AM

Correct but as a crypto enthusiast, I guess I would prefer to carry bitcoin as its safer and untraceable. Debit card is also good though but crypto is the best, as long as you understand its volatility and know how to manage it, you can always carry as much as you want, even $1 million usd as it's all in your wallet.

As long as you understand how Bitcoin works there's no worries about buying it even in a million if you are so lucky to win it from any types of gambling, you'll simply cross boarders without any trace.

You'll be enjoying your money after moving back to your own country and exchange your Bitcoin to your chosen fiat.
It's much simple with Bitcoin if you are aware with volatility, for sure there are already lots of gamblers who understand this and already
seeing the good potential of this system for their benefits.

According to your point, it is also necessary to emphasize that transactions with Bitcoin are very fast, what you should be careful is that when you make the change to FIAT in banks it is likely that they will ask you the origin of the funds, it is always good to do changes to FIAT with amounts not so large. When there are countries that prohibit so much, you must be smarter to make each transaction. Many governments have control over the banks, and that is why they can even imprison, only by lifting any type of law against the person.

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Quote from: Finestream on March 06, 2021, 07:33:18 AM

Correct but as a crypto enthusiast, I guess I would prefer to carry bitcoin as its safer and untraceable. Debit card is also good though but crypto is the best, as long as you understand its volatility and know how to manage it, you can always carry as much as you want, even $1 million usd as it's all in your wallet.

As long as you understand how Bitcoin works there's no worries about buying it even in a million if you are so lucky to win it from any types of gambling, you'll simply cross boarders without any trace.

You'll be enjoying your money after moving back to your own country and exchange your Bitcoin to your chosen fiat.
It's much simple with Bitcoin if you are aware with volatility, for sure there are already lots of gamblers who understand this and already
seeing the good potential of this system for their benefits.

iTradeChips

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Now aside from the issue with big illegals, we also have to recognize the problem with small scale gambling in rural areas. I think if we are going to get a somewhat different perspective on this, is that the government might not be able to tackle all of them, especially the small ones. I mean as long as there will be people willing to bet or gamble, there would be people willing to set up operations in their locale. Legitimize, and you will not have any problems at all.

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Quote from: bryant.coleman on March 05, 2021, 11:53:55 PM

Quote from: TheGreatPython on March 04, 2021, 12:46:30 PM

But, the money was never going to the government from these illegal sites and bookies anyway so the best they can do is just try and ban all the illegal stuff that happens.

I don't understand one thing honestly. How do gamblers actually cash their winnings. I understand they might make bets and win money in BTC let's say and withdraw without any problems from the casino. But once they cash the BTC for fiat, they will have to answer from where they got this money and have to pay taxes on them. So how do these guys avoid them always confuses me.

Even if they take the PayPal route by converting their BTC into Paypal and withdrawing to the bank, then still the money comes to the bank at the end of the day and you have to pay taxes and answer the tax authorities about how you earned it.

Many of the countries allow international travellers to carry up to $10,000 in cash with them (that limit may vary from country to country). Purchasing Bitcoin is going to be one of the most attractive options. Also, there are other options, such as purchasing gold coins, luxury items.etc. Another option is to purchase prepaid debit cards, which require no KYC. There are hundreds of options and unless the individual in question wins millions of USD in prizes, it is not going to be an issue.

Correct but as a crypto enthusiast, I guess I would prefer to carry bitcoin as its safer and untraceable. Debit card is also good though but crypto is the best, as long as you understand its volatility and know how to manage it, you can always carry as much as you want, even $1 million usd as it's all in your wallet.

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Quote from: TheGreatPython on March 04, 2021, 12:46:30 PM

But, the money was never going to the government from these illegal sites and bookies anyway so the best they can do is just try and ban all the illegal stuff that happens.

I don't understand one thing honestly. How do gamblers actually cash their winnings. I understand they might make bets and win money in BTC let's say and withdraw without any problems from the casino. But once they cash the BTC for fiat, they will have to answer from where they got this money and have to pay taxes on them. So how do these guys avoid them always confuses me.

Even if they take the PayPal route by converting their BTC into Paypal and withdrawing to the bank, then still the money comes to the bank at the end of the day and you have to pay taxes and answer the tax authorities about how you earned it.

Many of the countries allow international travellers to carry up to $10,000 in cash with them (that limit may vary from country to country). Purchasing Bitcoin is going to be one of the most attractive options. Also, there are other options, such as purchasing gold coins, luxury items.etc. Another option is to purchase prepaid debit cards, which require no KYC. There are hundreds of options and unless the individual in question wins millions of USD in prizes, it is not going to be an issue.

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Quote from: Cling18 on March 04, 2021, 11:49:52 AM

Quote from: Xinarae* on March 04, 2021, 12:46:03 AM

Online gambling is banned in thailand the government does not issue any licenses that allow operator VAT sites to gamble online in thailand. In reality the country has never considered such a possibility as worldly forms of gambling are generally banned despite the ban local players enjoy foreign services there are many online gambling sites that take thai players, although a few of them are available in thai. At the same time the ministry of information and communication technology periodically tries to control the situation these will be banned if the government imposes taxes on them.

This has been happening in different countries such as Cambodia. As for me, the government couldn't stop people from gambling and countries with gambling restrictions would only make their people commit underground businesses and illegal gambling just to pursue the things that they want. That's actually one of the reasons why some gamblers travel to other countries just to play freely.

You are being a bit too simplistic here: how many people can easily cross the border to just go gamble in another jurisdiction? Also, I do not think that is even necessary.
I went to Thailand a few years ago and I remember how illegal gambling (not mentioning all other sort of illegal things) were popular among thai people.

Topic: Thailand government seeks measures to tackle the problems of illegal gambling. - page 3. (Read 3548 times)