Betting in bitcoin is legal or illegal?

[Shwester]

I don't think it will illegal.

[Qraad]

you can use it in betting if you have large number of bitcoin.

[monalia]

I don't think it will illegal.

I think Bitcoin is illegal because government should not allowed in betting but this coin is Decentralised cryptocurrency so many investors are involved in gambling in this forum. This make huge profit or loss whatever happens in this platform. So this is risky and insecured investment.

[Meysa_richa]

If the issue of bitcoin is illegal or legal it depends on the view, because in a different country there are legal and also some are illegal, it all depends on the rules, but whatever the bitcoin decision will always be successful.

[Truna]

From my point of view it is illegal.It will depend on your own risk.

[posi]

I don't think it will illegal.

Betting in bitcoin is legal and if only the certain betting site you wanted to use follow the rule and regulation implement by it country government concerning the Vat payment.

[BtcBling]

I don't think it will illegal.

It depends on which country you are in. It is a case to case basis. 1 talked to one of the members here in bitcointalk.org and he says that Bitcoin is fine in his Southeast Asian Country but if they found out that you're Bitcoin came from winnings in gambling they will deactivate your soft wallet. They say it is part money laundering.

[alyssa85]

I don't think it will illegal.

It depends on which country you are in. It is a case to case basis. 1 talked to one of the members here in bitcointalk.org and he says that Bitcoin is fine in his Southeast Asian Country but if they found out that you're Bitcoin came from winnings in gambling they will deactivate your soft wallet. They say it is part money laundering.

This. Online gambling is legal in the UK, and in many parts of the world. In the USA it's trickier - they don't like online gambling because it breaks the monopolies of the state owned gambling boats on the Mississippi and in the Native American reservations.

When bitcoin was new, lots of bitcoin gambling sites sprung up precisely because it is easier for Americans to gamble with bitcoin. (In the USA, VISA and Mastercard block spending on gambling sites, so if you want to gamble online bitcoin, and now alts, are your ownly choice).

[krishnaverma]

There are different laws in different countries. You need to check the laws in your country. In my country there is a rule that only those gambling practises are allowed where there is some skill involved. Even then, it is completely banned in some of the states.

[Compa]

it's depend on your live, a few countries is not allowed gambling by the goverment.
in my of country is ilegal on betting, if your countries is illegal on betting is good to stay away from gambling.

[zeze18]

Indeed every country has different rules about gambling, and I don't think there are many countries that prohibit gambling and also my country prohibits any form of gambling either real or through online. and I think avoiding gambling is the solution of the right frugal lifestyle.

[Oilacris]

I don't think it will illegal.

This topic been talked and asked for how many times already but to answer you regarding on what you are asking. Betting by use of bitcoin will be legal or illegal depending on which country you do reside. There are countries which do are strict when it comes to gambling either by use of crypto or just a traditional local fiat gambling sites. If they impose laws on prohibition then it would really be illegal once been caught then you would really face consequences but as of now i do see only few countries which are strict when it comes to this thing.

[btcmegastar]

See Bitcoin is not yet legalized in only some countries, so of course, Bitcoin betting is almost not legal. I see before betting try to read their TOS condiction because they will be mentioned playing at your own risk because they never asked for investment it is our interest betting with Bitcoin.

[ethereumhunter]

I don't think it will illegal.

I think it is illegal for some country but if we lived in the country that allows betting and gambling especially to use bitcoin for betting and gambling, then we can play without worry to break the law. but I don't know which country that is allowed bitcoin to be used for betting. but I see that there is a country that allows betting and gambling but they use the money to do that but I am not sure that they allow bitcoin for betting or gambling.

[mostkey]

gamblers will not care about legal or whether gambling is in play. which must be gambling in the calculated bitcoin safe. because there is no personal data that we input during registration at gambling site.

Indeed every country has different rules about gambling, and I don't think there are many countries that prohibit gambling and also my country prohibits any form of gambling either real or through online. and I think avoiding gambling is the solution of the right frugal lifestyle.

rules for us to break. we do not care li for the ban on gambling in the country we live in. as long as gamblers have access to gambling it will be considered a risk that should be taken as a gambler

[Pursuer]

it has nothing to do with bitcoin but it is a general law about online gambling.
in some countries it is illegal or not exactly legal to run an online gambling site.  so if you want to know about legality of betting with bitcoin then you have to check if online gambling in general is legal or not.

for example according to FBI it seems to be illegal to gamble online but there are exceptions:
https://www.fbi.gov/news/stories/2007/june/gambling_060607

“You can go to Vegas. You can go to Atlantic City. You can go to a racetrack. You can go to those places and gamble legally. But don’t do it online. It’s against the law,” says Leslie Bryant, head of our Cyber Crime Fraud unit at FBI Headquarters.

there is a list of them here if you are interested: https://en.wikipedia.org/wiki/Online_gambling#Legal_status

[BabyBoss]

I don't think it will illegal.

Its not Illegal but it is not also legal. Vice-versa right? It is not illegal since betting in bitcoin is not yet exposed in law or in our government I think there are some of them do it. It is not yet legal since betting in bitcoin is not giving the permesion or the permit. Since in our countries except China and Korea we are freed to do about bitcoin. Or about betting in bitcoin we are not illegal to do but the we are free and this is the benefits in our country.

[GREATLOVE]

Indeed every country has different rules about gambling, and I don't think there are many countries that prohibit gambling and also my country prohibits any form of gambling either real or through online. and I think avoiding gambling is the solution of the right frugal lifestyle.

Yes you are right. There are some countries already implemented that gambling is illegal in them but I think even betting in bitcoin is illegal but there is nothing they can do unless they ban bitcoin in your county.

[noormcs5]

I don't think it will illegal.

I also don't think it will illegal, but you and me we are gamblers we don't make the rules of law, you and me follow the rules of law. In my view, every country has their own rules of law and behalf of law they announce that gambling is illegal or legal. But you have realize in most of the countries, where gambling is illegal to play in real casino but in online those countries have no issue for online gambling sites. Like in my country gambling is illegal to play in casinos but people are playing online bitcoin gambling with openly and my government has no any issue from it. 

[adzino]

Depends on the country the casino is being hosted from. If gambling is legal on that country, then gambling with bitcoin will also be legal if the casino follows all the regulation that are imposed by the government. The casino cannot accept players from countries where bitcoin is illegal or gambling is not allowed.