James Messy (OP)
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November 22, 2017, 10:56:10 AM |
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Is Bitcoin gambling is legal?
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kush14
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November 22, 2017, 11:00:31 AM |
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I think every gambling is illegal
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James Messy (OP)
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November 22, 2017, 11:05:07 AM |
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I think every gambling is illegal
I think it is impractical to say whether gambling with bitcoins is legal or not. Indeed, different jurisdictions react differently to gambling in general. Whatever laws authorities in Antigua, Costa Rica or Panama have put in place, to govern the industry, are almost completely different from those by the US Department of Justice. The former are receptive to gambling using bitcoins and indeed have earned themselves the title of the main centers of the Bitcoin gambling industry. |
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partysumo
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November 22, 2017, 11:06:01 AM |
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Depends on the country/jurisdiction I guess. If gambling is illegal, gambling with anything is going to be illegal, doesn't matter whether it is bitcoin or fiat.
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Tyrantt
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November 22, 2017, 11:14:16 AM |
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Depends on the country. In countries like Bangladesh, Brunei, Pakistan,... mostly Asia, gambling is illegal and can be fined with prison time and fees, unlike my country where all kinds of gambling are legal as long as you're over 18. Same goes for online gambling.
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Need some spare btc for a new PC that can at least run Adobe Dreamweaver.
BTC - 19qm3kH4MZELkefEb55HCe4Y5jgRRLCQmn ♦♦♦ ETH - 0xd71ACd8781d66393eBfc3Acd65B224e97Ae1952D
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mobnepal
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November 22, 2017, 11:18:58 AM |
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Is Bitcoin gambling is legal?
Its neither legal nor illegal because there is no way to find out who is gambling with bitcoin or not and gamblers can gamble huge amount without getting noticed by their government. So even people from countries where gambling is illegal can gamble with bitcoin and they can easily get rid of any legal issues too. So gambling with bitcoin can be considered as pseudo-legal. |
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junoreactor
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November 22, 2017, 11:19:53 AM |
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Betting is illegal in countries such as Israel, Taiwan, China, Thailand and quite a few others.
Legal but regulated in most western countries.
Now, if the question is betting in Bitcoin is legal, I would say yes but only in a few countries like Malta.
Please be aware that there is a law void when Bitcoin is concerned, so not legal does not necessarily means illegal.
edit: @mobnepal beat me to it, we are basically saying the same thing...
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Oliver A
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November 22, 2017, 11:30:29 AM |
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Give priority to those that have gambling license, which protects you in case there is a dispute
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bajigur894784
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November 22, 2017, 11:32:11 AM |
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I think ... it's hard to know if gambling with bitcoin is legal or not in a jurisdiction that governs tight gambling in fiat currency. This is because there is no solid test to clarify the legal position.
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BitcoinHodler
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November 22, 2017, 11:35:10 AM |
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mainly it depends on where you live. in many countries gambling is not illegal and in some places it is.
but also in some countries it depends on whether or not the government can tax online gambling. i believe it is illegal to gamble "online" in US because they could not tax online gambling!
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Holding Bitcoin More Every Day
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jtipt
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November 22, 2017, 11:41:27 AM |
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Is Bitcoin gambling is legal?
As other have said before it depends on the country, different countries have different laws. You are read about it all Here. |
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watata1
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November 22, 2017, 11:44:47 AM |
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i don't know or it's illegal but i heard for many user its not so i go for it. i think i can earn money for this online networking  |
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tigan_gangmei
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November 22, 2017, 11:47:08 AM |
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It's called 'trading', like a stock market.
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Tigan_Gangmei
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shinjunobi09
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November 22, 2017, 11:51:12 AM |
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Its up to the government of the country to decide whether that gambling is legal or illegal because the government of each have each different perspective in terms of their jurisdictions and regulations in bitcoin because sometimes gambling can cause a disruption to one's peaceful environment or it can provide entertainment.
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bajigur894784
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November 22, 2017, 11:52:23 AM |
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Betting is illegal in countries such as Israel, Taiwan, China, Thailand and quite a few others.
Legal but regulated in most western countries.
Now, if the question is betting in Bitcoin is legal, I would say yes but only in a few countries like Malta.
Please be aware that there is a law void when Bitcoin is concerned, so not legal does not necessarily means illegal.
I am happy with your explanation. I just found out that there are countries that legalized gambling and even gambling with bitcoin. Thank you sir.. your explanation adds my insight !!. |
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tech72
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November 22, 2017, 11:55:03 AM |
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No one will really know from where you earned your Bitcoins. You can simoly show the gains as profits from Trading. So, while Bitcoin trading not illegal you may continue with it.
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Oliver A
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November 22, 2017, 11:56:39 AM |
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Betting is illegal in countries such as Israel, Taiwan, China, Thailand and quite a few others.
Legal but regulated in most western countries.
Now, if the question is betting in Bitcoin is legal, I would say yes but only in a few countries like Malta.
Please be aware that there is a law void when Bitcoin is concerned, so not legal does not necessarily means illegal.
edit: @mobnepal beat me to it, we are basically saying the same thing...
Thank you for sharing valuable information |
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cutie04
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November 22, 2017, 12:03:37 PM |
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Yah gambling is legal thats why u need to wise and protect your Bitcoin.
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Oliver A
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November 22, 2017, 12:07:33 PM |
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Yah gambling is legal thats why u need to wise and protect your Bitcoin.
Just I want to know from which country you belong? |
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Rubick99
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November 22, 2017, 12:16:32 PM |
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Everthing about gambling, betting, etc are illegal
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