Is bitcoin gambling really accepted in China ?

[iawgoM]

The last few weeks we have seen a lot of bitcoin volume in the market and its coming from China ('s economy problems ) . So wouldnt it be a good idea for gambling sites to start providing the services to Chinas huge market also  ? I mean i dont really know any BTC casino doing it in china, only a few of them have it chinese-translated. Is it legal to gamble with bitcoin in china?

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[JasonXG]

I'm pretty sure its been made illegal. China is a communist country and the people living there are very poor so the government wants to "protect the people"

[StoreBit]

I have already heard about that. but personally I have no experience about that. I think it may be. as they are said to be the founder of bitcoin. therefore I can say that yes they may be using bicoin gambling.

[iawgoM]

yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm

[JasonXG]

yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm

Well because they so poor bitcoin let's them stretch their money a bit further. Also I'm sure the many sweatshops that pay in bitcoin for horrible redundant online work like example world of Warcraft gold farming. Poor guys farm 12 hours or more a day. Wow.

[Superbitzz]

i have heared about the news but not conform. my personal view is that yes it will be accepting in china. china is said to be the boss of bitcoin.

[praprata]

yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm

Chinees people love to gamble so I am sure that they can make use of bitcoin gambling. China is ruling the bitcoin so they would gamble with it.

[eternalgloom]

yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm

Chinees people love to gamble so I am sure that they can make use of bitcoin gambling. China is ruling the bitcoin so they would gamble with it.

Gambling with Bitcoin is currently illegal in China, but I don't know if it's really enforced there.
Are there any Chinese Bitcoin gambling sites? Or would they also play on English sites?

Here's some info on the legal aspect:
https://simonsblogpark.com/onlinegambling/simons-guide-gambling-china/

[Betwrong]

I'm pretty sure its been made illegal. China is a communist country and the people living there are very poor so the government wants to "protect the people"

Theoretically you are right but I think in China things are going a bit defferently, I think they even have Casinos and things like that in some places. Although the government of the country is communist they are trying to be as capitalist as possible.

[iawgoM]

yeah and they seem to buy a LOT of coins lately due to their economic crisis hmmm

Chinees people love to gamble so I am sure that they can make use of bitcoin gambling. China is ruling the bitcoin so they would gamble with it.

but in general gambling is illegal in China, so even if they regulate bitcoin as currency, gambling is still illegal I think its worse if they regulate it

[Indamuck]

It is misguided to ask, or even think, if something like gambling is 'illegal' in China, because China's 'legal system' is unlike anything you've likely experienced.

Something may be deemed 'illegal' or prohibited by the central government in Beijing, but if the provincial government in Yunnan wants to facilitate the gambling industry it will do so, carefully. I have lived and travelled throughout China, and I can tell you gambling takes place all over the country. Using Whatsapp I found NL Hold'em games in Shanghai, Beijing, ChongQing, Xiamen, Hangzhou ... basically everywhere I went. Even smaller cities had games. In one city card rooms were opening and holding tournaments. They got around the gambling aspect by requiring you to buy points, and to play for points. You could only cash out your points by buying gold bars - which of course were perfectly fungible. The room operators would introduce me to a guy, a regular player, who could buy my points for cash. Of course that was a 'private transaction' that protected the room. Months later when the central government made a show of cracking down on gambling, the local government shut these very public rooms as well, but the games continued in private apartments, arranged through word-of-mouth and Whatsapp.

Lots of Chinese poker players play poker on Chinese websites. They also play poker on Pokerstars of course. These websites might be blocked by the censors, but a committed gambler will find a way around that.

[iawgoM]

It is misguided to ask, or even think, if something like gambling is 'illegal' in China, because China's 'legal system' is unlike anything you've likely experienced.

Something may be deemed 'illegal' or prohibited by the central government in Beijing, but if the provincial government in Yunnan wants to facilitate the gambling industry it will do so, carefully. I have lived and travelled throughout China, and I can tell you gambling takes place all over the country. Using Whatsapp I found NL Hold'em games in Shanghai, Beijing, ChongQing, Xiamen, Hangzhou ... basically everywhere I went. Even smaller cities had games. In one city card rooms were opening and holding tournaments. They got around the gambling aspect by requiring you to buy points, and to play for points. You could only cash out your points by buying gold bars - which of course were perfectly fungible. The room operators would introduce me to a guy, a regular player, who could buy my points for cash. Of course that was a 'private transaction' that protected the room. Months later when the central government made a show of cracking down on gambling, the local government shut these very public rooms as well, but the games continued in private apartments, arranged through word-of-mouth and Whatsapp.

Lots of Chinese poker players play poker on Chinese websites. They also play poker on Pokerstars of course. These websites might be blocked by the censors, but a committed gambler will find a way around that.

Ok i take the above for granted. So since a "commited" gambler must find a workaround to bypass the "blocked by the censors" sites , it definetely means that those sites are not considered legit for the chinese players, by the chinese government. Also if a gambler needs to gamble privately in private rooms and apartments,or he needs to be "introduced to some guy," or he must plan "gambling sessions" through Whatsapp, then im pretty sure that he can not do otherwise , meaning that he can not do it free and open -> meaning he cannot do it publicly -> meaning its not accepted by the governments rules -> so we can call it "regulated and not legal",thus we can call it illegal .

[xuan87]

I think gambling is illegal in china, but there is a lot of hidden way to gamble, but still china has a really tight internet security, so its kind of difficult for the people to gamble using bitcoin legally

[Indamuck]

Ok i take the above for granted. So since a "commited" gambler must find a workaround to bypass the "blocked by the censors" sites , it definetely means that those sites are not considered legit for the chinese players, by the chinese government. Also if a gambler needs to gamble privately in private rooms and apartments,or he needs to be "introduced to some guy," or he must plan "gambling sessions" through Whatsapp, then im pretty sure that he can not do otherwise , meaning that he can not do it free and open -> meaning he cannot do it publicly -> meaning its not accepted by the governments rules -> so we can call it "regulated and not legal",thus we can call it illegal .

Fair to say nothing is 'legit' in China, least of all the government. Remember, the Chinese Communist Party came to power by stealing land and property from the ruling class. The CCP continues to loot the country to this day. Many ordinary Chinese understand this; in many ways they are just people like you and me. A couple more examples:

Particularly near the ubiquitous construction sites: in the evenings and holidays/weekends you will find construction workers playing 3-card poker openly on the sidewalks. I never saw police harass them, but the players do not want their pictures taken.

High stakes mahjong gambling is insane in some parts of the country. Cities in Sichuan shut down on the weekends so that everyone can play mahjong for money: they play openly in 'tea houses' that plainly exist to facilitate mahjong gambling, and bigger stakes are played, again, in private apartments run by individuals and syndicates.

For example, I met a woman who regularly lost US$10-30k each weekend playing mahjong. (Her family owned a brokerage, and she was an executive/principal).But she explained to me that she lost the money to her friends, who needed it more than her, so she saw it as a way to support her friends.

Gambling is rampant in China. Most gambling is live. The online gambling is heavily concentrated on sketchy, Chinese-only websites that a westerner would have difficulty finding.

[WaffleMaster]

The last few weeks we have seen a lot of bitcoin volume in the market and its coming from China ('s economy problems ) . So wouldnt it be a good idea for gambling sites to start providing the services to Chinas huge market also  ? I mean i dont really know any BTC casino doing it in china, only a few of them have it chinese-translated. Is it legal to gamble with bitcoin in china?

That's a good idea. No doubt the Chinese Bitcoin online gambling is a huge market share that somebody could get in and dominate if they speak or have good Chinese translation. Even if it's not legal they can still play just fine.

[jeffthebaker]

I'm pretty sure its been made illegal. China is a communist country and the people living there are very poor so the government wants to "protect the people"

I don't think this could be further from the truth. Gambling, in general, is illegal, but like the US, there are gambling hubs in China (Macao and Hong Kong), which behave similarly to Las Vegas. Gambling is deeply ingrained in the culture of China, there are also many opportunities to gamble in state run lotteries and other options.

[JohnyWalkerUK]

Its illegal to gamble in china and that is also why a lot of Chinese people love gambling when they are in other country's...
The rules of china are very strict!

[~Bitcoin~]

I'm pretty sure its been made illegal. China is a communist country and the people living there are very poor so the government wants to "protect the people"

I don't think people are poor in china as if so how they could have managed to buy bitcoin in such a volume that can effect global bitcoin trading. And also communism doesn't mean the people will be poor, it means the financial difference between the citizen will be lower, however i don't know this is true or not in case of china.

[fullypak]

I'm pretty sure its been made illegal. China is a communist country and the people living there are very poor so the government wants to "protect the people"

I don't think people are poor in china as if so how they could have managed to buy bitcoin in such a volume that can effect global bitcoin trading. And also communism doesn't mean the people will be poor, it means the financial difference between the citizen will be lower, however i don't know this is true or not in case of china.

Yes this is not possible in China. Not only in china i any country the government will not allow us to open bitcoin casino because it is illegal currency. So once the govt accept this currency as legal then we can try there. But i am not sure that china people are that much poor because they are very intelligent guys in the world so they are poor means i can not believe. 

[poplolnman]

I'm pretty sure its been made illegal. China is a communist country and the people living there are very poor so the government wants to "protect the people"

I don't think people are poor in china as if so how they could have managed to buy bitcoin in such a volume that can effect global bitcoin trading. And also communism doesn't mean the people will be poor, it means the financial difference between the citizen will be lower, however i don't know this is true or not in case of china.

Yes this is not possible in China. Not only in china i any country the government will not allow us to open bitcoin casino because it is illegal currency. So once the govt accept this currency as legal then we can try there. But i am not sure that china people are that much poor because they are very intelligent guys in the world so they are poor means i can not believe.  

Not every countries make bitcoin as illegal currency, only small number of country recognize bitcoin as an illegal currency . For reference look at this list  https://en.m.wikipedia.org/wiki/Legality_of_bitcoin_by_country . Several countries considered bitcoin as money but not legalized it. And in china itself it's prohibited but strangely a lot of bitcoinerr born on China, grow fast in china.  That's awesome china! They don't need to be legalized they just keep moving.