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Question: Is Bitcoin gambling is legal?
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Author Topic: Is Bitcoin gambling is legal?  (Read 2635 times)
LuanX3
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December 22, 2017, 06:10:00 AM
 #221

There are many legal casino and they used bitcoin as money to gamble but there are some country are not tolerate gambling because they know what would the effects in the life of every person and it can be harm their economy like here in my country some of the government official wanting to stop the legal casino because gambling has negative effects in the business in many people her in my country they get bankrupt due to addiction in gambling.

Casinos with physical buildings have been legalized because the government also earns a lot of income from applicable taxes, it is widely recognized by developed countries because gambling also serves as entertainment so business complexity will also be greeted with more professional gamblers, for online gambling I'm not too sure but the use kyc on the website can be categorized as legal.
The taxes on the business is what the government wants and that's how they are planning to get profit from there too and that's what the government wants. To be part of something that is really working. Think about it, we all want to have positive outcomes especially if it concerns with money.

Well technically you can tax druglords, arms dealers, hired killers, etc. The fact is tax is on income generated, regardless of source. You can actually be imprisoned for not paying taxes, so that means it is a crime. Remember, Al Capone? He was not convicted because of his illegal activities but actually for non-payment of taxes. Being taxed doesn't mean it is not illegal.
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December 23, 2017, 05:14:47 AM
 #222

There are many legal casino and they used bitcoin as money to gamble but there are some country are not tolerate gambling because they know what would the effects in the life of every person and it can be harm their economy like here in my country some of the government official wanting to stop the legal casino because gambling has negative effects in the business in many people her in my country they get bankrupt due to addiction in gambling.

Casinos with physical buildings have been legalized because the government also earns a lot of income from applicable taxes, it is widely recognized by developed countries because gambling also serves as entertainment so business complexity will also be greeted with more professional gamblers, for online gambling I'm not too sure but the use kyc on the website can be categorized as legal.
The taxes on the business is what the government wants and that's how they are planning to get profit from there too and that's what the government wants. To be part of something that is really working. Think about it, we all want to have positive outcomes especially if it concerns with money.

Government is really concern to money too haha. They will tax it if they want, they will tax you if they want. That is the problem of government now a days when it comes to big money they will takes place and get some of it. On the other hand , still gambling is legal but some of it is illegal like those gambling not on casino or that is prohibited by the government, mostly now of the gambling that is doing is illegal to government but online gambling right now is legal unless there are country that is prohibiting it.
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December 23, 2017, 06:31:09 AM
 #223

Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.

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December 23, 2017, 09:03:46 AM
 #224

Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.

Gambling will only become illegal when a country enacted a law that makes it illegal and it will specify what kind of gambling are prohibited in their area. Casinos and other government-sanctioned bettings are allowed to raise some funds by taxing them. Gambling, whether it is legal or not, is not moral.
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December 23, 2017, 05:57:08 PM
 #225

Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.

Gambling will only become illegal when a country enacted a law that makes it illegal and it will specify what kind of gambling are prohibited in their area. Casinos and other government-sanctioned bettings are allowed to raise some funds by taxing them. Gambling, whether it is legal or not, is not moral.

Well governments tend to be relaxed when it comes to the gambling industry since it can generate a huge amount of money for them. And it's also touted as part of tourism so unless you live in an extremely conservative country, gambling is legal. Now that applies as well for btc gambling since in general, its still online gambling

 
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December 25, 2017, 07:58:19 AM
 #226

I think Bitcoin gambling is illegal because even Bitcoin isn't accepted in many country, so using them with a purpose is totally illegal

Ya their are many countries where gambling is illegal so definitely if you gamble through any source of medium its illegal. Also even if gambling is legal but bitcoin is not then too using btc for the gambling become illegal. So it will definitely depend upon the country and its polices towards it. May be better to avoid if some is not sure about both the aspects of it.

In most counties bitcoin gambling will be legal because bitcoin is decentralized and the governments have nothing to do with bitcoin. In my country gambling is not allowed but this action does not work in case of bitcoin because the government has no control over bitcoin and people can easily use their bitcoin in gambling. But I want to say that gambling is not good and should not lose his hard earn money in gambling.
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December 25, 2017, 08:30:36 AM
 #227

i think it depends on the country because some strict countries restricts and ban bitcoin gambling. there were also gambling that is indeed illegal to all countries like dog fighting and real life people who are paid to kill each other.

Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.

gambling is allowed for anyone as long as you can control your self and know your limits on when to stop because we all know that gambling is a verry risky game that wont guarantee or assure you that you can always won. you only have 10 over 90% chance to win in gambling.
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December 25, 2017, 08:49:25 AM
 #228

There seems to be not legal casinos bitcoin yet. However, gambling in some countries is prohibited. Legality is indispensable, but gamblers never care about it.
That's true, as long as they are not getting in jail for sure they will continue to play gambling online even if it is not legal in their country. Why not? Gambling online is not covered by the government so I think Government also do some way to know those people who still doing gambling online if that is not legal to their country.
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December 25, 2017, 09:56:48 AM
 #229

Gambling itself is not advisable by any one. It is hobby for some one, it is passion for some one, it is prestige for some one, some one play due to the addiction what ever it is gambling is up to the persons requirement and what he need from it and we cannot tell it is illegal or legal.
I agree, gambling on forbid in some countries, they are gambled just because addiction and because want to get advantage and pleasure, but not a few of them that even loss because less and eventually lost all the treasure just for the gambling, even not only the treasure but the family can also be a victim of those who have been very addiction by gambling
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December 25, 2017, 10:45:49 AM
 #230

There seems to be not legal casinos bitcoin yet. However, gambling in some countries is prohibited. Legality is indispensable, but gamblers never care about it.
That's true, as long as they are not getting in jail for sure they will continue to play gambling online even if it is not legal in their country. Why not? Gambling online is not covered by the government so I think Government also do some way to know those people who still doing gambling online if that is not legal to their country.
That's why now online gambling is very interesting to use, because with online gambling then we are free to do gambling game. Unlike government-monitored casinos, online gambling can keep our privacy in every game. Especially at this time there is a digital currency, in the presence of digital currency such as bitcoin then we can withdraw and deposit with very easy. It can be interpreted that bitcoin is currently very helpful once the development of gambling game. I acknowledge that the gambling industry is increasingly growing, but I remind you that gambling has a high level of risk that we should be able to make decisions appropriately and also be ready when bad conditions come to us.
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December 25, 2017, 01:54:40 PM
 #231

I think Bitcoin gambling is illegal because even Bitcoin isn't accepted in many country, so using them with a purpose is totally illegal

Ya their are many countries where gambling is illegal so definitely if you gamble through any source of medium its illegal. Also even if gambling is legal but bitcoin is not then too using btc for the gambling become illegal. So it will definitely depend upon the country and its polices towards it. May be better to avoid if some is not sure about both the aspects of it.

No gambling is not legal. All the gamblings are illegal but people gamble anyway. In my country all types of gambling are illegal and as bitcoin is still decentralized therefore the governments has nothing to do with bitcoin, therefore the gamblers put their money here without any fear and hesitation. I don’t know about the other countries. Casinos mean that gambling is legal in those countries.
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December 25, 2017, 02:30:55 PM
 #232

As long as the casino has the necessary certification to operate then it is very much legal to operate, there has been a crackdown of cryptocurrency gambling websites that doesn't have license to operate in the first place and those are all being closed down.

 
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December 25, 2017, 03:11:35 PM
 #233

As long as the casino has the necessary certification to operate then it is very much legal to operate, there has been a crackdown of cryptocurrency gambling websites that doesn't have license to operate in the first place and those are all being closed down.

Legal have different meanings and it depends on what field we are talking about, if it is like wha you have said, that have certificate to operate then it is legal to the Government but what about if we are going to talk about God, it is legal to Him? I guess not. Gambling is so wrong if we are going to ask the Holy Bible about it, it is wrong to the point where we could abandon our own families just to push our luck into gambling.
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December 26, 2017, 05:30:20 AM
 #234

Is Bitcoin gambling is legal?

IT would be depending on the country on where you would be gambling. especially now that there is a lot of going on woth bitcoin being banned and somecou tries imposing strict regualtions on it. There might be some countries who tink of this two as illegal
Here in my country it is illegal but in other courtiers it is legal because I have travelled some other country and there the people were gambling online. I also gamble in bitcoin there. One thing I want to mention that in my country one should gamble online became the government has nothing to do with that and bitcoin gambling is online therefore there is no problem gambling in bitcoin.

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December 26, 2017, 08:25:25 AM
 #235

I think it depends on country by country and city by city in some it is and on others not, if you want to gamble your money just do it at your own pace and when your comfortable with doing just a friendly advise. Cheesy

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December 26, 2017, 08:28:11 AM
 #236

Is Bitcoin gambling is legal?

IT would be depending on the country on where you would be gambling. especially now that there is a lot of going on woth bitcoin being banned and somecou tries imposing strict regualtions on it. There might be some countries who tink of this two as illegal
Here in my country it is illegal but in other courtiers it is legal because I have travelled some other country and there the people were gambling online. I also gamble in bitcoin there. One thing I want to mention that in my country one should gamble online became the government has nothing to do with that and bitcoin gambling is online therefore there is no problem gambling in bitcoin.
It would be great if the names of the countries were mentioned to enrich our knowledge about these palaces. Anyway it's good to know that we have places where BTC gambling is legal. I have a personal guess about BTC gambling that it will be legal in countries where bitcoin and gambling both are legal. In my country nor bitcoin nor gambling are legal. So, I am not in the list of the lucky ones.
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December 26, 2017, 09:54:44 AM
 #237

Is Bitcoin gambling is legal?

IT would be depending on the country on where you would be gambling. especially now that there is a lot of going on woth bitcoin being banned and somecou tries imposing strict regualtions on it. There might be some countries who tink of this two as illegal
Officially, Countries don’t legalize gambling because it gives a bad impression of that country in front of other countries. Also, Government is well aware about the fact that majority of their population like gambling as the ratio of casinos goes on increasing and all this happen under the eye of the government.
Being aware, they still don’t close casinos because these governments are also taking profits from such casinos in shape of heavy taxes.
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December 26, 2017, 10:14:31 PM
 #238

Is Bitcoin gambling is legal?

IT would be depending on the country on where you would be gambling. especially now that there is a lot of going on woth bitcoin being banned and somecou tries imposing strict regualtions on it. There might be some countries who tink of this two as illegal
Here in my country it is illegal but in other courtiers it is legal because I have travelled some other country and there the people were gambling online. I also gamble in bitcoin there. One thing I want to mention that in my country one should gamble online became the government has nothing to do with that and bitcoin gambling is online therefore there is no problem gambling in bitcoin.
It would be great if the names of the countries were mentioned to enrich our knowledge about these palaces. Anyway it's good to know that we have places where BTC gambling is legal. I have a personal guess about BTC gambling that it will be legal in countries where bitcoin and gambling both are legal. In my country nor bitcoin nor gambling are legal. So, I am not in the list of the lucky ones.
I guess it depends with the current leaders system that scrutinized gambling with bitcoin, because some countries totally banned gambling whose not complying rules and regulations even though a fiat type gambling. So in this case if a gambling owner doesn't comply the rules and regulations like a bitcoin gambling sites operating without any legalities followed as a requirements and mandatory rules of the government of every country.

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shursight
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December 26, 2017, 10:30:26 PM
 #239

In the countries that gambling is ilegal probably yes, but far as i know there isn't any country who does not allow their people to gamble their money.

Gambling is probably one of the best sources from where a lot of people is earning money from profiting from the ones who are constantly losing, lmao.

Casinos with physical buildings have been legalized because the government also earns a lot of income from applicable taxes, it is widely recognized by developed countries because gambling also serves as entertainment

So no, there is no need to worry about the legality if your country allows gamblers.


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December 29, 2017, 02:52:41 PM
 #240

Is Bitcoin gambling is legal?

IT would be depending on the country on where you would be gambling. especially now that there is a lot of going on woth bitcoin being banned and somecou tries imposing strict regualtions on it. There might be some countries who tink of this two as illegal
Officially, Countries don’t legalize gambling because it gives a bad impression of that country in front of other countries. Also, Government is well aware about the fact that majority of their population like gambling as the ratio of casinos goes on increasing and all this happen under the eye of the government.
Being aware, they still don’t close casinos because these governments are also taking profits from such casinos in shape of heavy taxes.
Yes, gambling legalization is a mystery to solve. Of course, making it legal would give a bad impression of a country because it ruins the life of people and no country would like to do so. But as you said, governments are well aware of what is happening in their states and they know gambling also because they take huge amounts of taxes from casinos which have built their name in country.
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