Topic: The gambling black market thrives in Britain (Read 873 times)

This is an interesting thread for a crypto gambling forum I'd say.  Most operators that are popular here hold only the Curacao eGaming license and that practically makes them illegal websites for British customers. Basically, Brits should gamble at UKGC casinos only and most operators here don't have that one.

I guess everything depends on how you define 'illegal'. If a website has good reputation but accepts UK players even though that's not allowed, is it an illegal one in your eyes? Because it's definitely not 100% legit but it's also a trusted brand with lots of positive reviews. So, I think that there's a bit of a grey area.

I know for a fact that many UK players play at international and offshore gambling sites. Why? The reasons are plenty. They want to escape Gamstop (no smart btw if you have a gambling problem), they want to make credit card payments (banned in the UK since April 2020), they want more freedom, etc. In that regard, I'd agree with the OP thesis that the black market thrives in Britain. But, I wouldn't say that it's 100% black, maybe grey in most instances.

Like, these operators do perform KYC checks and follow some rules. They're just not as strict as the ones approved by the UKGC. Also, some of them may be scam operators who just want to steal your cash, avoid approving withdrawals, and stuff like that.

Maybe you don't know, but 90 % of crypto casinos is illegal in terms of government regulations. They don't have any registration (even in such places as offshores ) and running as ordinary sites. So in fact, we are all using illegal casinos for gambling 
With sport bets it's much harder to talk. Maybe only with cock fights or cockroach races i can imagine this 

Those who don’t have access on casinos and crypto gambling online are mostly the commoner, that’s why they patronize illegal gambling simply because it requires nothing aside from having money. The organizer of this one surely knows the threat of every government, and I’m sure they have the connections to allow them operate despite of this pressure.

I think Europe and UK should be making an effort to surface all hidden betting. It is going to happen anyway and taxes would be welcome by the current COVID stricken economy.

gambling black market is everywhere, not only in britain but almost all countries. there are people that will always patronise it. for the organisers, of course, this is to avoid paying high taxes. the tx mostly is in cash i believe. though i havent been in a black market, but you can read a lot of related articles regarding its existence, it is not a secret actually.

Did you even read the original post? It clearly stated about gambling in black market, I think you're the one who doesn't understand the whole thing here. Playing bingo or any card games with your friends or family that has bet is sure illegal, but that's not black market, it is just illegal which did not match what OP has stated. And I hate to disagree but any kind of gambling is addictive, whether it is in black market or not, so yes, it is always be dramatic because it needs attention and solution.

Being mentally ill because of gambling addiction is very crucial, since it will eat you alive, depression and stress is a very hard enemy to defeat if you're weak, that's what's I'm trying to say about OP's topic.

I think you have the wrong idea about this, when people imagine a casino that is illegal they imagine some shady place where you need a password so the people at the door let you in, technically speaking any gambling that does not have a license and that does not pay taxes belongs to the black markets, so things like playing poker with your friends, a friendly bet about the result of a match between two teams or something as simple as playing bingo with your family can be considered to be an illegal form of gambling, and there are many instances of organized gambling that despite not paying taxes or having a license are not dangerous at all, obviously that does not mean that places like the one you describe do not exist but it is not as dramatic as it may sound at first.

I don't risk over gambling through black market, all operations related to this site is illegal and everyone knows that in the internet this is really dangerous. They could've hack you identity once you're doing transactions with them, as long as you're connected to their ip. Online gambling is operating underground, and this is really against the law. They're monitoring black market activities, but their IT support is unbreakable and I believed this is handled by bigger sindicates which is kept anonymous.

Nah, never because you will encounter more dangerous people there than in traditional casino but if you have any acquaintance/friends who works from the inside that might be helpful for assurance but I would still never play there. Some people might play there because that's their hobby or they were just too addicted that it doesn't matter to them what would happen to them inside if they messed up.

I'd rather play with some of my friends, instead of playing with those people. You never know someone might do something to you after or outside the casino. Plus if the authority found out that place no one is safe to get outside unless if the casino has an exit ready something for like that.

Didn't even know gambling existed in the "black market" up until now. How do they even work? I mean, how do they even do the transactions? All cash and then launder it or something? I would say the government is to be blamed in this case. I have heard Britain was getting very strict with their gambling policies and laws recently which prompt more illegal casinos to pop up? Or maybe those illegal casinos are just trying to hide from taxes cause casinos are taxed very highly, at least over here. You know the more strict the government becomes, the more illegal stuffs starts to happen.

I think one of the things that the illegal gambling would be is the anonymity of every users as these people would likely be gambling using big amount of money and privacy would be one the biggest factor of every gamblers there. For me, it's highly unlikely that each gamblers identity would known on these kinds of platform.

But also, even with high security on the privacy of every gamblers here and the thought that high rollers are involved on these will be the reason why they'll be targeted with hackers to identify them and their privacy be vulnerable to them.

I don't condone this kind of gambling but the main reason why high stakes and big rollers picked this way is to avoid tax and to avoid rules of government regulations on the legit gambling sites. I rather stick on the normal gambling way and continue rolling dice and playing games on the legit gambling sites such as FJ, Freebitco.in and Primedice than risking myself as I am already risking my funds when gambling.

Things  being treated differently by gamblers who have their own opinions about dealing with this business, if the government will carry out or impose higher taxes, the house itself will adjust on it and bring that extra charge to gamblers end or they will shoulder half of it and the other half will be on the gamblers side.

From that point only those who are really got enough money will continue to patronize this business, other might be discouraged due to this new implemented new taxes. Win win for the government if all the executions correctly being done.

Illegal gambling sounds ridiculous already for me. Gambling in the black market was insane and I will never try to do this. Its sounds like a gamble where your life could be threatened. I think this is where big-time criminals gamble their money in the place of the black market. The fact that the number of people using black market websites has double probably means the government does not really have a good system that takes care of this kind of illegal black market websites. Maybe because of the pandemic people find a new way to do it in a form of online, other countries already taken care of these issues, for sure Britain can too.

Never, I would never do such thing that would risk my life.

Betting in an illegal market or black market is so sketchy and risky for everyone. All of the black markets are running by criminals, gangs, drug lords, etc. all of the bad people are there. Now, people are turning in black market or in illegal gambling because of the Government overregulation of gambling sites, that's why people search for an alternative that could make them breath and free, however it is dangerous at the same time.

Why? oh well imagine getting addicted on it, getting a debt from it, and suddenly you can't find money to pay those debts and you've just been killed by a random stranger from the black market because of it, and other worst scenarios.

Yes, the result of such lotteries are almost always rigged. They can always make their own people win and there is no verification process and the worst thing is that you cannot even complain about being scammed because you were wrong to buy those illegal lotteries ticket in first place and while they might get caught, although not sure, police will definitely trouble you for your actions.

The problem is that one gets caught the other one starts and there are lots of scam/fake lotteries going on in almost every country and the only way to close these illegal operations is if people decide not to waste their money and abandon playing completely on these sites.

Illegal gambling will continue to exist and will not disappear as long as there are many users, and they do not think about the risks they will face if caught because they think gambling is a source of making money quickly so they ignore the risks they face.
So I think illegal gambling will exist even if it is caught or for whatever reason and it will not go away, unless the government imposes strict regulations or harsh penalties.

I do not think that the gambling type will stop as many people still want to use it to search for making money. Even if they get caught because of playing illegal gambling, they will still use it once they free from jail. The owner will also change from time to time because that is a business that can make much money for them to hide their business from the government. We do not know how to reduce or erase that illegal casino because people are still tempted to playing gambling to make money.

Very true, many governments have a paternalistic view and they treat their citizens as if they are kids that cannot protect themselves, they see that some people lose their money while they gamble and they think that every person that gambles is the same when the truth is that the majority of people have their gambling under control and those people would have lost their money anyway in other stuff so those strict regulations are not helping anyone, except the owners of casinos that operate outside the law.

That is true most illegal activities happen because of Government policies. The demand is high and if but the supply is less, this is the main reason why all illegal activities start. The government wants to cash out on everything and that is why they have kept such a huge licensing fee. It is not easy for anyone to enter the gambling business because of the fee and hence they resort to the illegal gambling business. Most of them do not get caught as they do pay bribes to the local authorities to stay afloat.

And ironically, the reason they thrive is because of the government.

Not having actually realistic regulations when it comes to gambling and having draconian levels of barrier to entry with gambling licensing is bound to create gambling black markets.

The demand for gambling is going to be there regardless of whether or not the government embraces it or not. They might as well go with more accomodative policy as opposed to restricting access.