Gambling with BTC in countries where BTC isn't defined as money - Legality?

[cconrad0825]

I no longer reside in the US, but online gambling was a huge issue there when I did. Now with BTC being declared a commodity rather than a currency, what does this mean for online gambling, especially sports betting? Does anyone know what the legal authorities have said about services like Cloudbet?

[1715276840]

1715276840

[1715276840]

1715276840

[1715276840]

1715276840

[sherbyspark]

I no longer reside in the US, but online gambling was a huge issue there when I did. Now with BTC being declared a commodity rather than a currency, what does this mean for online gambling, especially sports betting? Does anyone know what the legal authorities have said about services like Cloudbet?

Bitcoin gambling has been here since the past 4-5 years, and as long as these businesses are not based in US, they haven't had an issue running them.
They have closed some of these businesses down that were based in US. I think satoshi dice had a problem. Also Sealswithclubs had some kind of problem.

[everythingforsale]

I no longer reside in the US, but online gambling was a huge issue there when I did. Now with BTC being declared a commodity rather than a currency, what does this mean for online gambling, especially sports betting? Does anyone know what the legal authorities have said about services like Cloudbet?

Bitcoin gambling has been here since the past 4-5 years, and as long as these businesses are not based in US, they haven't had an issue running them.
They have closed some of these businesses down that were based in US. I think satoshi dice had a problem. Also Sealswithclubs had some kind of problem.

What happened with Sealswith clubs ? didn't know they were shut down by the government.

[sherbyspark]

What happened with Sealswith clubs ? didn't know they were shut down by the government.

Well they weren't shut down but Micon had a warrant from the gaming commission and had some issues with the cops entering his house . He also posted a statement about it on youtube.  Its still running , with Micon now living out of the country.
EDIT: Here is the video about the situation https://www.youtube.com/watch?v=BaD8ion8iGI

[thebitcoinquiz.com]

I no longer reside in the US, but online gambling was a huge issue there when I did. Now with BTC being declared a commodity rather than a currency, what does this mean for online gambling, especially sports betting? Does anyone know what the legal authorities have said about services like Cloudbet?

Bitcoin gambling has been here since the past 4-5 years, and as long as these businesses are not based in US, they haven't had an issue running them.
They have closed some of these businesses down that were based in US. I think satoshi dice had a problem. Also Sealswithclubs had some kind of problem.

I don't think that the OP is interested in running a gambling site, instead I guess he is more interested in playing there.
Also, yes swc was closed down due to similar issues but they soon started operating again after fixing up things.

@OP, cannot quote a statement regarding the status of gambling, but sports gambling is still illegal in the US, and I don't think it matters whether bitcoin is a commodity/money/token or etc etc.

[sherbyspark]

I no longer reside in the US, but online gambling was a huge issue there when I did. Now with BTC being declared a commodity rather than a currency, what does this mean for online gambling, especially sports betting? Does anyone know what the legal authorities have said about services like Cloudbet?

Bitcoin gambling has been here since the past 4-5 years, and as long as these businesses are not based in US, they haven't had an issue running them.
They have closed some of these businesses down that were based in US. I think satoshi dice had a problem. Also Sealswithclubs had some kind of problem.

I don't think that the OP is interested in running a gambling site, instead I guess he is more interested in playing there.
Also, yes swc was closed down due to similar issues but they soon started operating again after fixing up things.

Well he did ask "Does anyone know what the legal authorities have said about services like Cloudbet?" which I replied to what happened to services like those.
And what the situation is overall.

[Wendigo]

Bitcoin gambling is not prosecuted right now so you won't have any problems playing anywhere. A lot of americans are betting online with bitcoins and no one cares.

[twister]

I no longer reside in the US, but online gambling was a huge issue there when I did. Now with BTC being declared a commodity rather than a currency, what does this mean for online gambling, especially sports betting? Does anyone know what the legal authorities have said about services like Cloudbet?

Many americans play at Bitcoin casinos and as long as they didn't used Coinbase as their wallet to send and receive  coins to those sites, they didn't had any problems.

The problem is if someone is running a Bitcoin gambling site from within USA or using servers which come under US regulation, then they're considered illegal because gaming authorities cannot allow UN-licensed casinos, on-line or off-line.

[ShetKid]

If you are only worried about sports betting, then no, there will never be a problem at all. I think you can also bet on some fiat sites which accept Americans . If you are worried, you can always use TOR as well.

[fox19891989]

It should be legal in China.

China bans gambling, but many big internet companies have gamble games, like Tencent, it has many poker games, people can play with game-coin, and they can buy or sell game-coin to exchange fiat money. So this kind of gamble is OK in China.

Chinese central bank defines BTC as game money, not a currency, btc gamble should be legal in China.

[alani123]

I'm in Europe, Greece and none of the websites that only accept bitcoin get blocked here. Unllike many other major gambling websites that get blocked automatically by ISPs due to Eu regulations

[sukamasoto]

It depends on goverment where do you live.

I'm live on Indonesia and there's no policy that restrict online gambling yet especially using bitcoin as the bet currency. It means my country is allow betting with bitcoin

[arallmuus]

It depends on goverment where do you live.

I'm live on Indonesia and there's no policy that restrict online gambling yet especially using bitcoin as the bet currency. It means my country is allow betting with bitcoin

really? As far As I know, Indonesia government banned all online gambling which you can check from here

https://www.gambling.com/online-casinos/country-overview/articles/overview-of-online-gambling-in-indonesia

ndonesia is one of the world’s more unusual nations. It stretches between two continents (Asia and Oceania), and rather than being one landmass, it is comprised of a chain of over 17,500 islands, divided into 34 different provinces. It enjoys healthy economic ties with the rest of Asia and a number of Western countries, but whilst many of the islands such as Bali and Jakarta are top tourist destinations, the country’s government has gone to great lengths to ban gambling in all its forms.

Whilst online gambling is definitively illegal in Indonesia, the government's blanket approach has resulted in a number of gaps and loopholes

I suppose you are one of them who are exploiting this loopholes, it is hillarious how someone from his country doesnt know rules regarding gambling

Anyway this is not really a problem as there are alot of way to bypass this, as far as I know, you can always use hola to change your IP or rather access the sites from VPN for safety

[Wendigo]

The government here is regulating the online fiat sportsbooks and one can't gamble on them if they don't have a license but this doesn't pertain to bitcoin. You don't need to change any IP address or use a VPN service. Your access is filtered automatically through your ISP.

[Twipple]

Bitcoin casinos can almost never be banned by countries. Since there are too many gambling sites accepting bitcoin ,its hard for governments to have knowledge of each, and since bitcoin is a grey area in many countries, its only considered as play money.

[nikona]

Bitcoin casinos can almost never be banned by countries. Since there are too many gambling sites accepting bitcoin ,its hard for governments to have knowledge of each, and since bitcoin is a grey area in many countries, its only considered as play money.

Some countries can definitely enforce a ban by the keyword method, instead of manually blocking all sites. Specially ISP's in the US could possibly bet the famous gambling sites of bitcoin.

The government here is regulating the online fiat sportsbooks and one can't gamble on them if they don't have a license but this doesn't pertain to bitcoin. You don't need to change any IP address or use a VPN service. Your access is filtered automatically through your ISP.

I would recommend changing your IP, as they might be monitoring your activity, and its best to avoid any trouble, if your country is not gambling friendly.

[bitbaby]

I don't think any player would face any legal issues playing at any BTC casino on-line, the simple reason for that is, it's mostly anonymous. There's no KYC requirement to play at any Bitcoin Gambling sites. One would only need to hide his IP if he wants to be too cautious.

And if you're playing from a country where Bitcoin is still in a grey area and it's not considered money than it would be considered as playing online games with play money with no value and therefore it can't be called illegal.

[thebitcoinquiz.com]

Bitcoin gambling is not prosecuted right now so you won't have any problems playing anywhere. A lot of americans are betting online with bitcoins and no one cares.

The issue isn't about that no one cares, its about that its still not allowed(even if noone cares), and if they start caring then you can be in a trouble.
Yes, there are a lot of American users but I feel that the gambling websites should at least blacklist the American IPs(it will at least keep the sites safe and more trustable ) however people who gamble wont stop gambling this way.

[birdcat90]

well, my country also not using bitcoin as currency and its commodity too

but as we know that bitcoin decentralized and we can do anything but the risk is on ourselves..

[Wendigo]

Bitcoin gambling is not prosecuted right now so you won't have any problems playing anywhere. A lot of americans are betting online with bitcoins and no one cares.

The issue isn't about that no one cares, its about that its still not allowed(even if noone cares), and if they start caring then you can be in a trouble.
Yes, there are a lot of American users but I feel that the gambling websites should at least blacklist the American IPs(it will at least keep the sites safe and more trustable ) however people who gamble wont stop gambling this way.

If you live in a country where unlicensed gambling sites are prohibited you would know that the country ISP's automatically block the websites in question. If they pass a bill to render bitcoin sites unlicensed these will get blocked too. Till then enjoy. Everything else is just chit-chat.