Betting in bitcoin is legal or illegal?

[Carmen01]

No regulator here in crypto you need to base if it's legit or scam in the site because even it's like that we still need license to run some business here like many gambling example of that is primedice if they scam us of course there some punish in that i think no need to question if it's legit or scam always read their site and always play in already trusted site here in crypto.

[jassanpary]

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.

This is the most discussed topic, betting is legal in many countries, but we're talking about bitcoin betting, so I think still in many nations betting in bitcoin is not legal. It depends on the respective governments to legalise the betting on the bitcoin need to get approval from them.

[carlisle1]

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.

yeaj i have read some topics about this i just couldn't find where is it..but i am pretty sure that it was asia,the complain is about deactivating hes wallet just because he won from some gambling site.this means it's illegal..but some countries recognize bitcoin as betting materials you can play directly using your bitcoin

[gabmen]

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.

yeaj i have read some topics about this i just couldn't find where is it..but i am pretty sure that it was asia,the complain is about deactivating hes wallet just because he won from some gambling site.this means it's illegal..but some countries recognize bitcoin as betting materials you can play directly using your bitcoin

Well they should've been aware of the wallet's policies concerning gambling profits since btc gambling isn't illegal in their country. They can transafer to exchanges first before sending to their soft wallets. I don't think there are many countries banning btc gambling since it functions pretty much the same as regular fiat gambling

[BTC Jon]

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.

yeaj i have read some topics about this i just couldn't find where is it..but i am pretty sure that it was asia,the complain is about deactivating hes wallet just because he won from some gambling site.this means it's illegal..but some countries recognize bitcoin as betting materials you can play directly using your bitcoin

Well they should've been aware of the wallet's policies concerning gambling profits since btc gambling isn't illegal in their country. They can transafer to exchanges first before sending to their soft wallets. I don't think there are many countries banning btc gambling since it functions pretty much the same as regular fiat gambling

Agree here, I have actually an interesting article, which should answer all these questions on my guide here

[BTCeminjas]

I don't think it will illegal.

It depends upon on which country you are, if bitcoin in the country is legal then betting in gambling using bitcoin is also legal, not all countries are considering to allow bitcoin in their country and they declared also as a illegal so how could you gamble if you using bitcoin to betting in gambling. So, it is really impossible that bitcoin is legal but to used in gambling is illegal.
But there some place that bitcoin are recognized as a used in gambling.

[bitcoinmasterlord]

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.

yeaj i have read some topics about this i just couldn't find where is it..but i am pretty sure that it was asia,the complain is about deactivating hes wallet just because he won from some gambling site.this means it's illegal..but some countries recognize bitcoin as betting materials you can play directly using your bitcoin

Well they should've been aware of the wallet's policies concerning gambling profits since btc gambling isn't illegal in their country. They can transafer to exchanges first before sending to their soft wallets. I don't think there are many countries banning BTC gambling since it functions pretty much the same as regular fiat gambling

I have few doubts.

1st how they can track he won bitcoins in gambling site?  according to me, this is a tough job and I think not possible.

Suppose he works for any signature campaign, for example, Betcoin or Bitsler he will receive his payment to his Bitlser or Betcoin account. So how they will identify he earned it for his hard work or won in gambling.

I think finding from where he received bitcoins is not possible. And suppose if your governament ban Bitcoin betting gambling site, using VPN method you can access any website. I think playing gambling with bitcoin, we don't need any legal formalities.

[jrrsparkles]

I don't think it will illegal.

If your country banned bitcoins or crypto currencies then betting inside your country with bitcoin will be considered as an illegal act,so you may be punished.But it is hard to find who is using the gambling sites using virtual proxy network,so there is no problem if you play using bitcoins even if your country banned them.

[Caladonian]

I don't think it will illegal.

If your country banned bitcoins or crypto currencies then betting inside your country with bitcoin will be considered as an illegal act,so you may be punished.But it is hard to find who is using the gambling sites using virtual proxy network,so there is no problem if you play using bitcoins even if your country banned them.

Which is right, even they (government) banned it all the way gamblers still will find their ways to keep on playing, it's really depend from the position of each countries how they interpret this system, if they totally against it, then betting using bitcoin will also be affected and will be restricted but if they
allow their people to use it possibly that they will have regulations to make it legal.

[poplolnman]

I don't think it will illegal.

If your country banned bitcoins or crypto currencies then betting inside your country with bitcoin will be considered as an illegal act,so you may be punished.But it is hard to find who is using the gambling sites using virtual proxy network,so there is no problem if you play using bitcoins even if your country banned them.

Which is right, even they (government) banned it all the way gamblers still will find their ways to keep on playing, it's really depend from the position of each countries how they interpret this system, if they totally against it, then betting using bitcoin will also be affected and will be restricted but if they
allow their people to use it possibly that they will have regulations to make it legal.

Basically it's human rights to do whatever we wanted but in government law there's some rules for you to avoid a punishment yeah the rules created in our country are to protect us - they said .... - just look at your own government rules, illegal or not it's up to your region rules. Basically no one can stop you to gamble but a punishment.

[tabas]

Many times has been discussed if bitcoin betting is legal or illegal. The only person can answer if its illegal is you, know what are the regulations about crypto gambling in your country. If there's no clear rules stating about the prohibition of bitcoin betting then assume it that its legal but if there's a regulation that says its prohibited then don't step in with the law if they say its illegal.

[lili song]

As I know no regulations about betting bitcoin legal or illegal, when that country not prohibition or banned bitcoin I think is legal.
In my country not legalized bitcoin yet, but some of my friends betting with bitcoin. They said easy use bitcoin for betting and their can play while they do the activities.

[katinko]

All forms of gambling is illegal, i think sports betting using bitcoin is illegal, but bitcoin itself is legal since this is only a currency to be used for illegal activities. Here in my country there are some legal casino but our government are planning to remove their license to operate because this business make more people suffer for debts that is why this is the best solution in that.

[BillCoin]

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.

It's not the only parameter that you need to check.
You also need to change the current status of bitcoin at that country.
If that country doesn't see bitcoin as a currency and they are against it/sees it as a digital asset but nothing more, then ai believe that even if gambling is prohibited at that country, you can still gamble because you don't actually use real money according to the country.
Anyway, most of the casinos are based at 3rd world countries so there is not a problem.

[Daimon88]

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.

Even gambling is not legalized in many countries but does that even matter. This game is still played by people from all over the world. Nobody even cares about its legalization. Bitcoin is also banned in few countries but if someone thinks, the citizen of that place have stopped dealing in this currency are definitely innocent. In the digital world, no one can limit action of others.

[sniper2018]

For me it is illegal.Any type of gambling is illegal.Although there are some countries recognized it as legal for the purpose of helping charity programs.But here in bitcoin,for me it is not allowed to used it because bitcoin is created as payments in online transactions not for gambling.

[Thanasis]

For me it is illegal.Any type of gambling is illegal.Although there are some countries recognized it as legal for the purpose of helping charity programs.But here in bitcoin,for me it is not allowed to used it because bitcoin is created as payments in online transactions not for gambling.

Why are you saying like this?
Bitcoin is also a currency so we can use it where we want,of course in gambling too.
Only it is illegal if your country banned gambling or bitcoin but most of the countries didn't ban bitcoin so it may be legal to play with it if the gambling is legal in your country.

[piloder]

As with bitcoin you can bet without getting verified or without sending any of your information or documents so therotically nobody gonna know that you are the one who is gambling including your government. So even though if gambling/betting is illegal in your country, you can gamble with bitcoin and you might not be entitled for any crime or legal offenses.

[Barbut]

As with bitcoin you can bet without getting verified or without sending any of your information or documents so therotically nobody gonna know that you are the one who is gambling including your government. So even though if gambling/betting is illegal in your country, you can gamble with bitcoin and you might not be entitled for any crime or legal offenses.

That is the beauty of bitcoin gambling, you can deposit money and later withdraw without any hustle. You don't need ID documents, you don't need bill's, and I don't know what kind of verifications. That is the beauty of bitcoin gambling, and that is what I always try to point out when I speak about gambling generally.
I gamble on 888 site, I play poker there and other games but all that is real hustle comparing with bitcoin gambling.
In the end bitcoin gambling or just gambling is illegal in many countries, but for now in my country Serbia you can gamble with any currency including bitcoin freely.

[btc-facebook]

My government against gambling activity also bitcoin so there are no gambling industry with bitcoin based at my place.
They do it in order to protect people from bad things that can happen when people start use bitcoin for gambling because as we know bitcoin is untraceable

...So even though if gambling/betting is illegal in your country, you can gamble with bitcoin and you might not be entitled for any crime or legal offenses.

Yes, I can still gamble and access primedice without any worry