RocketSingh
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September 30, 2016, 07:53:46 PM |
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is bitcoin gambling in India is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
There is no rule to govern bitcoin in India. So, bitcoin gambling is neither legal nor illegal. |
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The Bitcoin software, network, and concept is called "Bitcoin" with a capitalized "B". Bitcoin currency units are called "bitcoins" with a lowercase "b" -- this is often abbreviated BTC.
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philiveyjr
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September 30, 2016, 09:25:29 PM |
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is bitcoin gambling in India is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
There is no rule to govern bitcoin in India. So, bitcoin gambling is neither legal nor illegal. Please do not post something you are unsure of as a fact. Meth is not legal, doesn't mean you can buy Meth with bitcoin, just because there is no rule to govern bitcoin in India. |
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RocketSingh
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September 30, 2016, 10:22:20 PM |
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is bitcoin gambling in India is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
There is no rule to govern bitcoin in India. So, bitcoin gambling is neither legal nor illegal. Please do not post something you are unsure of as a fact. Meth is not legal, doesn't mean you can buy Meth with bitcoin, just because there is no rule to govern bitcoin in India. Meth is illegal in India. Hence buying it with bitcoin is also illegal. Here, the whole act of illegality is coming from the law governing Meth. But, there is neither any law governing bitcoin, nor any law governing online gambling. So, how come bitcoin gambling become illegal? Please note that, using bitcoin in any offline betting is illegal as offline betting is itself illegal in India (except certain licensed ones). |
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bitcoinisbest
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October 01, 2016, 07:19:10 AM |
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Gambling itself is illegal in India unless you are in Goa where its legal only on cruises.
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philiveyjr
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October 01, 2016, 06:44:36 PM |
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But, there is neither any law governing bitcoin, nor any law governing online gambling. So, how come bitcoin gambling become illegal?
Please note that, using bitcoin in any offline betting is illegal as offline betting is itself illegal in India (except certain licensed ones).
There is a law governing gambling in general: https://www.quora.com/Why-are-casinos-and-gambling-illegal-in-India So automatically online ones are too. Just that its not enforced to a large extent. Online Indian gambling companies have shut down in the past. |
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yyuvane
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smart contracts innovations on ethereum blockchain
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October 09, 2016, 06:41:33 PM |
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Gambling/wagering of almost any form is illegal in India. I'm sure Goa is an exception state that does allow it in certain forms. This has been specified in The Public Gambling act of 1867. Certain games categorized as 'Skill' based like 'Rummy' and betting in 'Horse racing' are allowed as certain level of skill is involved in it. But yes, Bitcoin gambling may be illegal unless it's in the form of rummy.
https://www.directbet.eu/ is the best site i have everplayed with cryptocurrencies bet! |
donate btc : 1NX1KJqpXBTwbLqArpuvFEGR3FiQVcWnE6
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rik3
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October 24, 2016, 02:19:37 AM |
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is bitcoin gambling in India is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
Yes Bro As We Know that Direct Gambling Is Illegal in India So Why you Think that Bitcoin Gambling Is Legal In India? I Think Government is Not Banning Bitcoin Gambling Because Bitcoin is a Decentralized Coin and No Government Can Ban the Activities Involved With Bitcoin..... |
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Casino_Guide
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April 04, 2018, 12:13:46 AM |
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When it comes to online gambling, India is currently in its infancy stage. Since gambling in India is a state subjected activity, different states have different laws formulated for casino activities. However, for the online gambling activities, the IT Act of the country regulates all the casino activities and payment gateways for any illegal gambling site. But there is no specific law drafted in India which restricts individual users from placing casino bets online. People in India are highly engaged in playing lotteries, sports betting especially cricket, poker, and horse racing. Poker is a grey area in Indian gambling law. It’s interesting that games such as Texas Hold ‘em and Teen Pati are banned whereas Rummy is allowed. Most of the online gambling is illegal. With the recent surge of bitcoin popularity across the world, bitcoin casinos have opened up another new gambling avenue for Indian customers. In this guide, we will discuss how to play bitcoin casino in India. You can read more in the guide on about bitcoin gambling in India https://casinobitcoins.io/bitcoin-casino-india/ there you'll also find some suggestions on which that are available. |
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bright07
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April 06, 2018, 11:54:33 AM |
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People suffer from penalty when they do gambling of any type. In some countries it is valid. We get its license in many states of India. There have been no details in India about bitcoin gambling. It can't be called either legal or illegal.
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deepakg2m
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April 10, 2018, 02:46:57 AM |
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is bitcoin gambling in India is legal. I do not see any problems with those overseas, but here i heard from someone that its illegal, thats why am asking
There is no rule to govern bitcoin in India. So, bitcoin gambling is neither legal nor illegal. Please do not post something you are unsure of as a fact. Meth is not legal, doesn't mean you can buy Meth with bitcoin, just because there is no rule to govern bitcoin in India. Meth is illegal in India. Hence buying it with bitcoin is also illegal. Here, the whole act of illegality is coming from the law governing Meth. But, there is neither any law governing bitcoin, nor any law governing online gambling. So, how come bitcoin gambling become illegal? Please note that, using bitcoin in any offline betting is illegal as offline betting is itself illegal in India (except certain licensed ones). Thank you for explaining it so nicely.I agree with you , no government of India or other countries too do not have any control over the online activity of their country members .For this reason online BITCOIN transactions is not illegal. |
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eduardoabordo
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July 18, 2018, 01:14:39 PM |
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it depends on the owner if they want to use bitcoin in gambling it seems i have seen this in the site for the people who is rich and they can do it. gambling is too addicted if you lose in gambling you will sell your thing's,property and etc. to gambling. we should resist to not addicted in gambling.
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