Is Bitcoin gambling is legal?

[BossMacko]

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

[katinko]

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

There are some casino even offline and online has registered in the government and that is legal but there are some gambling are illegal and mostly it was in online and i think there are some bitcoin gambling which is illegal and we need to avoid that we need to choose the legit that we can keep our money even we do not monitor our fund there but we are confident that it was safely kept in the site.

[rickadone]

Gambling Bitcoin and ordinary gambling are just the same things I think. It's just that if ordinary gambling uses ordinary currency, then Bitcoin gambling will use cryptocurrency as a tool for transactions. With cryptocurrency, I think people would prefer Bitcoin gambling instead of ordinary gambling. People will be easier to play gambling online and in secret without known to many people, there are some people who like that. With cryptocurrency, transactions and money transfers become encrypted and confidential. It is difficult for people to track and know gambling players or gambling service providers.

And it is exactly your last statement that totally makes it different. It is easy for government to impose a law and it would be very hard for anyone to go against it since you can easily get nabbed. Even if you want to go underground, one way or the other, you will still get leaked out.

After all, with cryptocurrency and online casinos, you can stay anonymous as long as you want and not a single government will ever know if you are gambling or not unless you want to go surrender yourself to the cops.

[oHnK]

After all, with cryptocurrency and online casinos, you can stay anonymous as long as you want and not a single government will ever know if you are gambling or not unless you want to go surrender yourself to the cops.

You can stay anonymous for a long time until they decided to purge everyone. The reason that we could stay like this is because the goverment hasnt put any effort into this. The reason is because there are alot of illegal gambling website and it will take some resources for them to purge everything so if this hasnt cause any problem for them then they wont be doing anything

[noormcs5]

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

In this point wise, i also think that online gambling is not illegal, a huge gamblers are daily play on these sites, they use their money becasue they trust on these online bitcoin gambling sites and i am also one of them who trust them. Because these sites are register and paying taxes, so nothing more prove anyone need it. I think these proves are enough to play bitcoin gambling in online sites.       

[Thanasis]

After all, with cryptocurrency and online casinos, you can stay anonymous as long as you want and not a single government will ever know if you are gambling or not unless you want to go surrender yourself to the cops.

You can stay anonymous for a long time until they decided to purge everyone. The reason that we could stay like this is because the goverment hasnt put any effort into this. The reason is because there are alot of illegal gambling website and it will take some resources for them to purge everything so if this hasnt cause any problem for them then they wont be doing anything

But I think there is no way to find the users who is playing bitcoin gambling because all the transactions are anonymous so no way to trace our details and many gambling sites don't need our personal information for registration so we can gamble without get caught but it is an illegal action if your country banned gambling.

[samcrypto]

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

Indeed, and I think this is more profitable if you are lucky enough compare to regular fiat money. Casinos are registered business and I have no doubt that they are legal but still be careful because not all online casinos are legally operated.

[tmawheba]

It is depends upon the persons only. In general gambling is not advisable it starts with fun and it become like a habit after that addicted to it and not possible to come out of it. That's why max countries ban gambling and it is illegal also. Lot of people bread earnings are depend on gambling profession only. So it is difficult to answer this question.

[the rise]

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

Indeed, and I think this is more profitable if you are lucky enough compare to regular fiat money. Casinos are registered business and I have no doubt that they are legal but still be careful because not all online casinos are legally operated.

Already many bitcoin gambling sites are using KYC, I am glad because in the end there is a step forward to make users more comfortable and not overshadowed by government reprimands. Bitcoin gambling is not illegal as long as there is an official tax and management system, but I think the number of websites like this is not much and this should start from now.

[Tenderino]

Some bitcoin casinos are legal. If a bitcoin casino is operated in the same manner as a traditional casino, it will fall under the same laws as if it is a traditional casino. There are no federal laws against online gambling. However, there are some state laws prohibiting the practice.

Where ever the gambling is banned there bitcoin gambling is also banned. but no one can find us easily so people play bitcoin gambling and there is no legal and illegal matter in online gambling.

You have different kind of regulations in different countries. I think in some islamic countries gambling is forbitten in general and this totally independent of whether for money or not.

Then you have countries where it is forbitten to gamble for money, but if bitcoin is not considered as money and in most countries it is not, then gambling for bitcoin is legal.

However, there are few gambling sites like Jetwin where you can play with anonymous accounts and bitcoin is basically anonymous as well.

[BlockEye]

Some bitcoin casinos are legal. If a bitcoin casino is operated in the same manner as a traditional casino, it will fall under the same laws as if it is a traditional casino. There are no federal laws against online gambling. However, there are some state laws prohibiting the practice.

Where ever the gambling is banned there bitcoin gambling is also banned. but no one can find us easily so people play bitcoin gambling and there is no legal and illegal matter in online gambling.

You have different kind of regulations in different countries. I think in some islamic countries gambling is forbitten in general and this totally independent of whether for money or not.

Then you have countries where it is forbitten to gamble for money, but if bitcoin is not considered as money and in most countries it is not, then gambling for bitcoin is legal.

However, there are few gambling sites like Jetwin where you can play with anonymous accounts and bitcoin is basically anonymous as well.

Many gambling sites were made to have anonymous player in this way we can play without anyone knowledge that we are in gambling since there's no system they can fins it, governments were not aware yet that gambling online can be easily play as long as we have cryptos.

[Barbut]

Some bitcoin casinos are legal. If a bitcoin casino is operated in the same manner as a traditional casino, it will fall under the same laws as if it is a traditional casino. There are no federal laws against online gambling. However, there are some state laws prohibiting the practice.

Where ever the gambling is banned there bitcoin gambling is also banned. but no one can find us easily so people play bitcoin gambling and there is no legal and illegal matter in online gambling.

You have different kind of regulations in different countries. I think in some islamic countries gambling is forbitten in general and this totally independent of whether for money or not.

Then you have countries where it is forbitten to gamble for money, but if bitcoin is not considered as money and in most countries it is not, then gambling for bitcoin is legal.

However, there are few gambling sites like Jetwin where you can play with anonymous accounts and bitcoin is basically anonymous as well.

Many gambling sites were made to have anonymous player in this way we can play without anyone knowledge that we are in gambling since there's no system they can fins it, governments were not aware yet that gambling online can be easily play as long as we have cryptos.

To be clear many bitcoin casinos are made to anonymous! Fiat based casinos ask for cresi cards and IDs, and other kind of verification documents, how can you give them all that and stay anonymous? With bitcoins no one can trace you, is it your wallet or not, you can always use VPN if casino allows that, no matter is bitcoin gambling legal or illegal people will find a way to access bitcoin gambling site and deposit bitcoins there. If fiat online gambling is forbidden in your country it would be very hard to find a way to deposit money.

[marcuslong]

Is Bitcoin gambling is legal?

Some of casinos have papers to run their website but mostly or the most gambling sitesnare illegal which they are running it anonimously but i came always when gambling i always looking for the policy and reading them before playing most of people are too lazy to read that also the mechanics it self.

[neonshium]

I don't think that bitcoin gambling is legal in lots of countries since even fiat gambling isn't approved or regulated by lots of countries around the world . And companies that provide online gambling services are usually offshore companies that aren't allowed on specific soils . Lots of countries took measures to restrict their citizens from online gambling yet overcoming those obstacles ain't hard for people especially after bitcoin apparition .

BITCOIN gambling is legal in most of the countries because it is the matter between two men not the two states and governments would announce it illegal as soon as they would find any activity in gambling which poses a threat to the piece of one country with another.

Instead of giving harm to one country gambling provides huge profits to that country because casinos pay governments for their legalization and people are showing much interest in casinos in modern era.

[Btc_1856]

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

Indeed, and I think this is more profitable if you are lucky enough compare to regular fiat money. Casinos are registered business and I have no doubt that they are legal but still be careful because not all online casinos are legally operated.

Yes, sometime it is very hard to control the emotions because most of time we are going to loose money. Some casino are registered and it is going to be legal if you gamble with those casino. Those casino will legally operated.

[boyptc]

Bitcoin proved that it is a powerful tool in gambling; talking about the online gambling. a lot of sectors are accepting bitcoin payments especially casinos.

And casino's specific with online bitcoin casino's did contribute well to what bitcoin is now. Before there are a lot of people who are gambling that way and keeps on winning a lot and it helps to the demand of bitcoin since there are too many addicted gamblers worldwide that wants to hide their identities.

[Pixyoxx]

Bitcoin in the case of gambling is just a monetary mode used for exchange of values and to facilitate transaction, the question should have been whether gambling is illegal or not.

Different countries and areas have different attitude towards gambling. While its taken as just any other recreational activities in some parts of the world, it is seen an an illegal act, and punnishable offence in other parts of the world.

It is definetely country specific. As per your question, gambling with the use of bitcoin is not illegal in itself  because bitcoin is just a monetary transaction tool that you are using, in whose absence you would go for regular currency or any other currency. Use of bitcoin for gambling purpose is surging and gaining popularity.

[siti25]

Each country must have different policies. And for my country, bitcoin gambling is definitely illegal because gambling itself is illegal. And if I'm not mistaken, Bitcoin is still not legal here, so there's no reason for me to legalize bitcoin gambling, bitcoin gambling is definitely illegal here.

[eternalgloom]

Bitcoin gambling is not illegal because in order for an online casino to operate they need to register it, they are paying tax and they have their address listed in their website. If a casino is not legally registered how can we trust them , how can we play on their website thinking that they might run because they don't have any obligations.

Even if a casino is registered in a country with lax gambling laws they could still end up scamming you.
There are enough stories of people winning big jackpots in traditional casino's and not receiving their money.

Okay, some Bitcoin casino's may not be registered, but they do have a proven track record, which makes it pretty safe to play there.
Ofc I wouldn't leave any funds on your account if you're not playing.

Also, most good Bitcoin casinos have instant payouts.

[Siopao]

Some countries legalize gambling and others don't recognize it as legal activity. So it really depends  on the country and it doesn't really matter if its fiat or bitcoin. It just follows the general rule in gambling per country.