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Question: Is Bitcoin gambling is legal?
bitcoin - 15 (83.3%)
Blockchain - 3 (16.7%)
Total Voters: 18

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Author Topic: Is Bitcoin gambling is legal?  (Read 2635 times)
junoreactor
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January 07, 2018, 11:25:41 AM
 #281

A few precautions to take:
- make sure to bet on a reputable website ( www.bitvest.io is one of them and I strongly recommend it)
- whether or not gambling is legal in your country, I am pretty sure gambling on Bitcoin websites is probably not legal wherever you live, apart from a few exceptions, so make sure to use a VPN (just in case)
- make sure to transfer your winnings to anonymous wallets / mastercard (such as Advcash).
Hope this helps.
LEINADbtc
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January 07, 2018, 11:53:01 AM
 #282

It depends on your Country.
If BTC isn't legal, than BTC Gambling isn't too.
If BTC is legal, but Gambling isn't, than BTC Gambling isn't.

Simple as that.

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January 07, 2018, 01:02:37 PM
 #283

I think every gambling is illegal
Offline gambling like casino is legal though, many countries have casinos and most of them are legal. I don't know about bitcoin gambling but i think it's illegal but some bitcoin gambling have license though, i don't know is having license makes the gambling site become legal or not.
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January 07, 2018, 01:36:20 PM
 #284

I think every gambling is illegal
Offline gambling like casino is legal though, many countries have casinos and most of them are legal. I don't know about bitcoin gambling but i think it's illegal but some bitcoin gambling have license though, i don't know is having license makes the gambling site become legal or not.

Well, you have a point my friend. Gambling in casino is legal, But there's some countries banning in site of gambling they did authorized them to operate because government think that gambling in site is illegal, you know why? because government did not get taxes in gambling site. Besides, gambling may cause of bad effect in being a gambler one of the reason is addiction. In addiction a gambler may do a prohibited crimes like thief and other just find a way that they had a money to used in gambled. Then i think if what is bitcoin that is a gambling.

It depends on your Country.
If BTC isn't legal, than BTC Gambling isn't too.
If BTC is legal, but Gambling isn't, than BTC Gambling isn't.

Simple as that.
YES i agreed this one.
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January 07, 2018, 04:19:11 PM
 #285

I think it's not illegal and legal because there are no rules about it.
There is/are rules about it. If you are living in a country that is religious then gambling is no doubt illegal on it but if you're living in such a nice country that is allowing people to gamble and they are taxing people's profit and as well as the establishment then there's no need to worry on it, they are legal on those places.

I think it's not only about religion. Evolved countries allow gambling (and they are religious/conservative), while poor countries don't. Evolved people know very well how to deal with gambling on their countries, they can live with it without becoming addicted and without ruining their lives and their economy. I really don't understand why poor countries are against gambling as it could generate an interesting income for the public coffers.
Wrong, most of the countries that aren't wealthy enough does have a lot of gambling place that exists. And to those countries that aren't allowing it are the ones who are mostly rich and doesn't want to let their citizens involve with such activity because they know what will be the return to their people.

I'm not sure... USA is a rich country and allows gambling, some principalities (that are wealthy places) the same. Now look third world countries, muslim countries, latin america countries, they don't like gambling and don't allow their citizens to play. Gambling is benefical if regulated in the countries as it will return money in services to the population (the basic services).

 
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January 08, 2018, 06:34:44 AM
 #286

I think it's not illegal and legal because there are no rules about it.
I agree with you my friend in this regard. Gambling is legal in all countries but not officially as far as my knowledge is concerned because making it legal would spoil the reputation of one country in front of other countries as it is considered to be bad habit.

But, also at the same time, the countries are well aware of every single casino running in their state as they are paying having taxes to governments for the sake of their county.
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January 08, 2018, 07:45:18 AM
 #287

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.
I dont think soo. If thats the case then what are you views on Las vegas? It do really give bad impressions to those people who do hear of such place? Maybe in some but not a valid basis on a certain reputation of a certain country. Gambling sites are everywhere and gamblers who do affected their own lives because of gambling is already their responsibility and gambling businesses doesnt have any obligations on that.
Gambling can be legal or can be not. There’s a little bit controversial answer to this question. It depends on the rules of that country in which you are living.

As far as my country’s rules are concerned, they totally don’t entertain gambling as it’s completely a sin as our religion says to us but many European countries and cities like the one you named which is also known as gambling hub in the world as their government allows them to do so.
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January 08, 2018, 09:50:11 AM
 #288

I dont see how Bitcoin gambling can be excluded when its not officially money except arbitrary worth decided by every person.   The only logical objection is like perfect999 says if gambling itself is outlawed in any situation no matter the value.   

If I want to sit in my home and gamble matchsticks then I will.    How much value my friends place on the count of matchsticks is our business really.   If you need to start a fire, it could be an invaluable asset or it could just be a stick of wood.  Supply and demand is a part of freedom for all, USSR found this was required after all.

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January 08, 2018, 10:43:40 AM
 #289

Is Bitcoin gambling is legal?
Well whether it is bitcoin gambling there are still some country that gambling is illegal and there are also legal. Bitcoin gamblng is still a gambling so if gambling is prohibited in one country then for sure it is illegal. However, bitcoin gambling is anonymous so no one will know what aged or gender you have. Other people has a confident because they know that they profile is hidden.
I think no country would wish to make gambling legal as it will spoil the reputation of that country internationally. Gambling is considered as a bad habit and the one keeping it is also a bad person if we talk logically. But I think that all the countries are well aware about every single affair happening in their country, so how it’s possible that gambling is not under the eye of the government of the country in which it is taking place.
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January 08, 2018, 10:59:47 AM
 #290

Is Bitcoin gambling is legal?
Well whether it is bitcoin gambling there are still some country that gambling is illegal and there are also legal. Bitcoin gamblng is still a gambling so if gambling is prohibited in one country then for sure it is illegal. However, bitcoin gambling is anonymous so no one will know what aged or gender you have. Other people has a confident because they know that they profile is hidden.
I think no country would wish to make gambling legal as it will spoil the reputation of that country internationally. Gambling is considered as a bad habit and the one keeping it is also a bad person if we talk logically. But I think that all the countries are well aware about every single affair happening in their country, so how it’s possible that gambling is not under the eye of the government of the country in which it is taking place.
Also in my country there is not yet warning about bitcoin gambling since it is not yet exposed to all especially I think in government but if they will going to know about I think they don't need to stop because they know that it is much profitable than the real gambling but I think that they need to announce some giving taxes on it. Every site of bitcoin gambling needs to give their taxes every month if the government already know about it, that's my opinion if this will soon to be happens.
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January 08, 2018, 11:32:04 AM
 #291

It depends on your Country.
If BTC isn't legal, than BTC Gambling isn't too.
If BTC is legal, but Gambling isn't, than BTC Gambling isn't.

Simple as that.
That's true, bitcoin gambling can't be done if bitcoin is prohibited on that country even gambling is supported by the government but they are against bitcoin. Anything that's related to bitcoin will be declared as something illegal and you are breaking the law of your own country.

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January 08, 2018, 11:58:59 AM
 #292

Is Bitcoin gambling is legal?
Well whether it is bitcoin gambling there are still some country that gambling is illegal and there are also legal. Bitcoin gamblng is still a gambling so if gambling is prohibited in one country then for sure it is illegal. However, bitcoin gambling is anonymous so no one will know what aged or gender you have. Other people has a confident because they know that they profile is hidden.
I think no country would wish to make gambling legal as it will spoil the reputation of that country internationally. Gambling is considered as a bad habit and the one keeping it is also a bad person if we talk logically. But I think that all the countries are well aware about every single affair happening in their country, so how it’s possible that gambling is not under the eye of the government of the country in which it is taking place.
Also in my country there is not yet warning about bitcoin gambling since it is not yet exposed to all especially I think in government but if they will going to know about I think they don't need to stop because they know that it is much profitable than the real gambling, but I think that they need to announce some giving taxes on it. Every site of bitcoin gambling needs to give their taxes every month if the government already know about it, that's my opinion if this will soon to be happens.
Not only in your country in most of the country people know just Bitcoin, but they don't know how the bitcoin will use in real world. People think Bitcoin is an investment to make money. But they don't know, now most of the online gambling sites are using this, and we can play online gambling with bitcoin. And it is not easy to collect tax from online gambling sites they can easily escape by showing false income.
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January 09, 2018, 12:25:05 PM
 #293

It depends on your Country.
If BTC isn't legal, than BTC Gambling isn't too.
If BTC is legal, but Gambling isn't, than BTC Gambling isn't.

Simple as that.
Yes this makes sense here. In different countries of the world, there are some different concepts about bitcoins and gambling. Some European countries, they have legalized everything and people are openly trading and investing in bitcoins plays they are using it legally. They gamble with bitcoins and no one is there to stop them. So yes, it really depends on the country you are living in.
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January 09, 2018, 01:09:54 PM
 #294

Offline gambling like casino is legal though, many countries have casinos and most of them are legal. I don't know about bitcoin gambling but i think it's illegal but some bitcoin gambling have license though, i don't know is having license makes the gambling site become legal or not.
In offline gambling what do you mean by that? There's no guarantee that it's legal when you're living in a country that they prohibit gambling. The answer if bitcoin gambling is legal is it all depends on the country that you are living. Whether those casino's are licensed but if someone will have an access to a country that ban or prohibit online gambling then the answer might be obvious.

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January 09, 2018, 01:14:03 PM
 #295

It depends on countries and places rules and regulations.
If  gambling itself is ban in a country, then gambling with bitcoin or any other currency is automatically illegal.

While in some countries gambling may be legal but bitcoin as a cryptocurrency may not be accepted and legalised yet, so in such place it is safe to not gamble with bitcoin.

While most of the places have gambling regularised, and bitcoin is not illegal in mosf of the countries so it is fair to say that gambling with bitcoin is not illegal.
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January 09, 2018, 02:41:47 PM
 #296

A few precautions to take:
- make sure to bet on a reputable website ( www.bitvest.io is one of them and I strongly recommend it)
- whether or not gambling is legal in your country, I am pretty sure gambling on Bitcoin websites is probably not legal wherever you live, apart from a few exceptions, so make sure to use a VPN (just in case)
- make sure to transfer your winnings to anonymous wallets / mastercard (such as Advcash).
Hope this helps.

About point number 2, I think differently, bitcoin is not being considered as a currency at most of the countries, so if you country doesn't consider it as a currency then the rules of gambling on currencies won't apply.

I will give an example, let's say your country sees bitcoin as an asset, and at the same time it disallows gambling on money.
The rule of gambling won't apply on bitcoin because it is not a currency and it doesn't necessarily mean that you won't be able to legally bet bitcoins at your country.

Anyway, I don't see a reason for you to mind if bitcoin gambling will be legal or not, as your government won't be able to know that you gambled, as bitcoin at it's nature is anonymous.

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January 09, 2018, 02:56:01 PM
 #297

What's the purpose of your poll?
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January 09, 2018, 03:17:55 PM
 #298

It depends on your Country.
If BTC isn't legal, than BTC Gambling isn't too.
If BTC is legal, but Gambling isn't, than BTC Gambling isn't.

Simple as that.
Yes this makes sense here. In different countries of the world, there are some different concepts about bitcoins and gambling. Some European countries, they have legalized everything and people are openly trading and investing in bitcoins plays they are using it legally. They gamble with bitcoins and no one is there to stop them. So yes, it really depends on the country you are living in.
In my country it is illegal but even it is prohibited more they push of people in playing and most of teenagers can't stop either gambling in public or any form of a game is still gambling. I think even if it is totally banned it will not be stop.


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Theb
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January 09, 2018, 03:45:02 PM
 #299

You need to ask 2 questions of yourself that requires you to answer for yourself.

1. Is Bitcoin Legal in your country?

2. Is Gambling Legal in your country?

3. Are you at the legal age to gamble?

Well those I think are the essential questions you need to know and answer in order for you to see if Bitcoin Gambling is even legal in your country. Another follow up is of course is the gambling site you are playing on legal? Some Casino sites here are running of a illegal operations which some countries require first their approval before their citizens can play in that said website.

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......Play......
Rinsend
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January 09, 2018, 10:15:18 PM
 #300

It depends on countries and places rules and regulations.
If  gambling itself is ban in a country, then gambling with bitcoin or any other currency is automatically illegal.

While in some countries gambling may be legal but bitcoin as a cryptocurrency may not be accepted and legalised yet, so in such place it is safe to not gamble with bitcoin.

While most of the places have gambling regularised, and bitcoin is not illegal in mosf of the countries so it is fair to say that gambling with bitcoin is not illegal.
bitcoin is very strong and anonymous.
if we do gambling with bitcoin I consider this is a legal action when viewed in anonymous terms.
but gambling is still an illegal act in some countries.
gamblers always have access to get their gambling venues

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