The gambling black market thrives in Britain - page 2.

dunfida

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Quote from: yazher on February 18, 2021, 06:43:52 AM

Illegal in our country are those who make their own lottery from the result of lottery on the T.V but with little payment for entries and the price is not big as well. They've been doing this kind of illegal gambling since I was a kid and when they get caught they will face some serious charges. because not only they copy the actual legal gambling platform, they also present themselves as one of their representatives.

Im bit aware of this which it does actually happen for ages now on where making out some illegal lotteries and bettings with just basing into those official games that do happen.
They arent regulated and expected that ticket price or bet will be lesser but of course same goes with the prize.Still surprised that there are indeed people who are really fan
on doing it instead on going to legal places.

jaberwock

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Quote from: Fredomago on February 18, 2021, 05:44:19 AM

knowing that once the business start moving, chances of gaining huge amount of money is worth the risk, we can't deny that gambling industry is really big and cutting some piece of it can give luxury to those people who are facilitating this illegal houses, they are gaining portions of those free taxes from this kind of black market.

The better thing for the government would be instead of forcing people to stop playing at these illegal sites, legalize gambling and put higher taxes which brings revenue for the government and I have seen when you impose taxes on something the interest from people also decreases.

I don't want to accuse crypto casinos but really they do contribute towards illegal gambling as minors can make an account on any of these sites and all the site is asking is to click a box "I understand and agree to terms" which the minor can easily do and that's it, welcome to the gambling world and get your careers ruined.

As much as I love betting anonymously, I feel there should be a protocol to verify at least the age of the gamblers because I don't mind grown people gambling illegally and handing their ass to the casinos but minors should not be allowed to join.

yazher

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Quote from: Fredomago on February 18, 2021, 05:44:19 AM

Quote from: South Park on February 17, 2021, 07:49:02 PM

Quote from: BuNga_cute on February 14, 2021, 06:23:32 PM

I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

Unfortunately this is the problem with banning or making something illegal, after all people want to gamble, gambling is a huge industry that moves a lot of money each year and yet there are many countries that forbid it and by doing so they are doing a great favour to mafias all around the world which are willing to offer gambling to those people, now in the case of the UK that should not be a problem because gambling there is legal however I'm pretty sure that because of all the taxes that casinos need to pay that the odds are not as good as the odds that you can find in casinos that are illegal and that sends some people to those illegal casinos.

Illegal doers are everywhere, and those who are patronizing the business mostly involves with same market. Whatever moves the government do this groups of people are willing to take the high risk.

knowing that once the business start moving, chances of gaining huge amount of money is worth the risk, we can't deny that gambling industry is really big and cutting some piece of it can give luxury to those people who are facilitating this illegal houses, they are gaining portions of those free taxes from this kind of black market.

Illegal in our country are those who make their own lottery from the result of lottery on the T.V but with little payment for entries and the price is not big as well. They've been doing this kind of illegal gambling since I was a kid and when they get caught they will face some serious charges. because not only they copy the actual legal gambling platform, they also present themselves as one of their representatives.

Fredomago

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Quote from: South Park on February 17, 2021, 07:49:02 PM

Quote from: BuNga_cute on February 14, 2021, 06:23:32 PM

I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

Unfortunately this is the problem with banning or making something illegal, after all people want to gamble, gambling is a huge industry that moves a lot of money each year and yet there are many countries that forbid it and by doing so they are doing a great favour to mafias all around the world which are willing to offer gambling to those people, now in the case of the UK that should not be a problem because gambling there is legal however I'm pretty sure that because of all the taxes that casinos need to pay that the odds are not as good as the odds that you can find in casinos that are illegal and that sends some people to those illegal casinos.

Illegal doers are everywhere, and those who are patronizing the business mostly involves with same market. Whatever moves the government do this groups of people are willing to take the high risk.

knowing that once the business start moving, chances of gaining huge amount of money is worth the risk, we can't deny that gambling industry is really big and cutting some piece of it can give luxury to those people who are facilitating this illegal houses, they are gaining portions of those free taxes from this kind of black market.

maydna

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Quote from: KTChampions on February 15, 2021, 05:38:53 PM

Quote from: XCANA on February 15, 2021, 04:07:16 PM

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

In fact, the opposite is true - if you lose money in an ordinary legal casino, then you cannot do anything since everything is legal and you cannot dispute the result of the games. But if you lost money in an illegal casino, then from the point of view of the law, this is an insignificant (in terms of law) transaction and you may well file a complaint with the police or court in order to get your money back.

Losing money in both legal casinos and illegal casinos will be a pain for every gambler. We can't do anything except accepting the losses, but some of us are still playing gambling on both types of casinos. We can't complain to the casino because the casino will not accept it and will remind silent. No matter what, we should stay away from the illegal casino if we don't want to get a problem. Otherwise, when we play a gambling game on that casino, and the police know about that place, they will arrest all of the people who play. It's only a matter of time before the police can arrive at that place and get all the gamblers.

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Quote from: KTChampions on February 15, 2021, 05:38:53 PM

Quote from: XCANA on February 15, 2021, 04:07:16 PM

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

In fact, the opposite is true - if you lose money in an ordinary legal casino, then you cannot do anything since everything is legal and you cannot dispute the result of the games. But if you lost money in an illegal casino, then from the point of view of the law, this is an insignificant (in terms of law) transaction and you may well file a complaint with the police or court in order to get your money back.

Things are never that simple, while you are technically correct it is obvious that such a casino is going to have the protection of the local authorities, are you seriously going to take the risk of going to the police and denounce them when you know the casino is being run illegally? It is better to just accept the loss because most likely you will not get your money back but they will know that someone went to the police to denounce them and they will know who it was, so in my opinion it is just better to accept the loss instead of risking yourself over a small amount of money.

South Park

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Quote from: BuNga_cute on February 14, 2021, 06:23:32 PM

I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

Unfortunately this is the problem with banning or making something illegal, after all people want to gamble, gambling is a huge industry that moves a lot of money each year and yet there are many countries that forbid it and by doing so they are doing a great favour to mafias all around the world which are willing to offer gambling to those people, now in the case of the UK that should not be a problem because gambling there is legal however I'm pretty sure that because of all the taxes that casinos need to pay that the odds are not as good as the odds that you can find in casinos that are illegal and that sends some people to those illegal casinos.

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Quote from: fiulpro on February 04, 2021, 01:54:49 PM

What are your thoughts ?
Have you ever tried Gambling in the black market ?

No. Not necessary and I don't want to risk my name there.

There are lots of reputable gambling sites wherein restrictions are not that hard to comply with. Feel comfortable without the worries that I'm playing in a dirty community.

Gambling in the black market is more on involving with a big association. They are likely to want to avoid paying taxes.

KTChampions

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Quote from: XCANA on February 15, 2021, 04:07:16 PM

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

In fact, the opposite is true - if you lose money in an ordinary legal casino, then you cannot do anything since everything is legal and you cannot dispute the result of the games. But if you lost money in an illegal casino, then from the point of view of the law, this is an insignificant (in terms of law) transaction and you may well file a complaint with the police or court in order to get your money back.

ene1980

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Quote from: XCANA on February 15, 2021, 04:07:16 PM

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

I am gambling only in crypto based gambling sites but earlier used to gamble with some of the reputed sites but never checked whether they are illegal or legal according to the authorities, all i check is whether is having any major complaints from users and if they are clean i usually gamble and i never faced any problem with any of the sites and the reason users are attracted to black market sites might be because they might be giving more offers than legal sites. I would like to know how you lost $3000 and in which site?.

XCANA

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Quote from: 3meek on February 15, 2021, 05:13:45 AM

In illegal gambling clubs, if it is not an online casino, comes the appropriate people... I happened to visit one of them... I can only say that playing at home online is much better and safer! Grin

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

Mauser

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Quote from: 3meek on February 15, 2021, 05:13:45 AM

In illegal gambling clubs, if it is not an online casino, comes the appropriate people... I happened to visit one of them... I can only say that playing at home online is much better and safer! Grin

Same goes for me, I just wouldn't feel safe to handle large amounts of money at these places. As long as you are losing everything is probably fine, but if you ever manage to win big. Who will guarantee that you will receive all your winnings? If something goes wrong you can't go to the police or the court to get your money back, since it's illegal winnings.

3meek

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In illegal gambling clubs, if it is not an online casino, comes the appropriate people... I happened to visit one of them... I can only say that playing at home online is much better and safer! Grin

Lorence.xD

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Quote from: KTChampions on February 12, 2021, 06:57:16 PM

Quote from: Lorence.xD on February 09, 2021, 12:22:42 AM

~

Yes, this is the essence of government work. They come up with problems, then come up with solutions (which cost money) and this is repeated in many areas. And based on this absurd cycle, it is assumed that government as a whole is useful (which is a controversial claim). If we do not resist the growing powers of the government, then over time the situation will be such that citizens will actually be recognized as incapacitated and all decisions will be made by officials.

What you are saying is right but I have to disagree with you, government is not the only one to blame when the problem arises, the people that supported them and voted for them are part to blame because they were dumb enough to elect those hijo de puta in the first place. The only way that this abusive and corrupt government can be resolved is if all their people are smart and knows that enough is enough and they have to act on it, the people has the power to get those people in power then they also have the power to put them out.

ethereumhunter

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Quote from: BuNga_cute on February 14, 2021, 06:23:32 PM

I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

It is not surprising if we see a raid on illegal gambling in many countries because the government the illegal thing that they can not control. It is hard to search for that illegal gambling sites which available in many countries because people want to gamble in that place and do not want to get more regulations such as paying taxes. The circulating money in that illegal casino is bigger, and that is why the government wants to close or shutdown that place. But if the owner wants to join with the government, the government will help them, and the government can get taxes from them.

Dutchyyy

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The UK requires a separate license. For example, Curacao licensed sites are not the UK licensed.

Every site that doesn't hold the UK license is a 'black-market' site to the BGC. E.g., 99% of the crypto sites are black-market.

So the article and data are misleading to me. People are not gambling in some dark illegal rooms; they are just using non-UK licensed sites in most cases.

BuNga_cute

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I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

pixie85

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Quote from: fiulpro on February 04, 2021, 01:54:49 PM

Now why should it be a matter of concern?
- With the new Variant already in the UK these illegal platforms might be a hub for the fast spread of COVID plaguing the whole world
-there is no minor protection policies
-more illegal things are drug dealing and money laundering might be connected with such cases.

Covid is already spreading and will continue. The only way to fight it is to go through it and become stronger or vaccinate. People can carry covid and not even be aware of it so you have the same probability of getting it in a bank or a post office as you have in a casino.

Drug dealing in a casino? If someone is familiar with the black market they can get drugs with ease. They don't have to go to a casino to get them.

uneng

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Quote from: fiulpro on February 04, 2021, 01:54:49 PM

-Despite having Gambling as a controlled legal sport the black market continues to flourish. WHY ?
What are your opinions?

Well, I think you have already answered your own question. Look below:

Quote from: fiulpro on February 04, 2021, 01:54:49 PM

-more illegal things are drug dealing and money laundering might be connected with such cases.

People look for illegal casinos to do things they can't have access at the regulated ones.
Or maybe do gamblers think the illegal ones reward the gamblers better than the legal operating houses? Lol.

Quote from: fiulpro on February 04, 2021, 01:54:49 PM

-there is no minor protection policies

But curiously not all illegal casinos accept underage gamblers. In my country there are casinos which will ask a young person for an ID before entering the house. Maybe it's a deal these casinos have with local authorities who turn a blind eye to illegal gambling since they respect at least minor protection policy.

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Quote from: KTChampions on February 08, 2021, 03:13:04 PM

Quote from: Lorence.xD on February 08, 2021, 01:50:55 AM

Quote from: KTChampions on February 07, 2021, 06:19:32 PM

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

It is not just that, black market have a loyal customers and the head of the operations knows a lot of people. Not to mention that the money you mean on the underground are tax free, and if I am right, they do not profit big on gambling, they want the loan sharking part of the operations. It is partly the fault of legal gambling businesses and the authorities on why this underground gambling dens are not dying, the businesses are strict and the wins are not that great, on the authority side, they seem to enjoy the profits of corruption.

This is exactly what I said - if you impose inadequate taxes, then people start to evade them and a black market arises. This also applies to other restrictions. The easiest way to defeat the black market is to have adequate rules and regulations in the white market.

I agree that taxes that are too high and too much regulation to an industry will push many people to black markets, but at the same time while this can increase compliance there are always going to be people which will try to get around those legislations and avoid paying their due taxes, that is just simply how it is, after all if the bribes that they can pay to the local authorities to turn a blind eye to their operations are still lower than the taxes they need to pay then they will turn to the black market in a heartbeat.

Topic: The gambling black market thrives in Britain - page 2. (Read 873 times)