LFC_Bitcoin
Legendary
Offline
Activity: 3668
Merit: 10206
#1 VIP Crypto Casino
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June 01, 2021, 08:21:44 PM |
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Karl, we have no taxes on gambling in the UK.
I was shocked when I learnt that in Vegas if you hit a big jackpot you have to declare tax on the winnings (apparently when back in the UK you can claim it back though).
Unfortunately I didn’t win big money in Vegas so it wasn’t a problem for me.
Very informative article though, thanks.
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LUCKMCFLY
Legendary
Online
Activity: 2548
Merit: 1873
Leading Crypto Sports Betting & Casino Platform
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June 02, 2021, 03:01:20 AM |
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Shoutout to bitcasino (and sportsbet) for hosting that pizza promotion. I just got my prize from the contest. It's been a while since I got this lucky and i'm very thankful for these cool promos you guys have been putting up recently. Wow I really congratulate you, that was a great prize !! Very well deserved, I hope you enjoy it very much, Bitcasino.io gives many opportunities to win outside and inside the casino. It’s a national holiday, the sun is out & I just won 50 mBTC on Alien Hunter.
Cheers to bitcasino.io
Thanks
Wow 50mBTC is a huge profit !! Winning at Alien Hunt is a unique emotion, the truth is that to reach that amount you had to make very good bets, also because luck accompanied you in addition to good strategy, this is the kind of thing that makes playing in a casino exciting. The truth is that I have never won so much, if with 1mBTC that I win there is a lot of excitement, then 50mBTC would be better than a lottery for me.
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maydna
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June 02, 2021, 04:00:36 AM |
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I don't see any taxes applicable in crypto gambling, but I don't know what about fiat gambling. Although gambling is prohibited in my country, people still play online gambling, and many of them used gambling sites to make money or just spend their time.
Perhaps, my government will apply the tax for gamblers, especially when they win and withdraw that money to their bank account. But that winner can easily find a local seller who can help them get the win money, so I think the bank will consider that transaction is usual or normal because it looks like a personal account to other personal accounts.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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BitcoinHunt3r
Legendary
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Activity: 3066
Merit: 1155
Leading Crypto Sports Betting & Casino Platform
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June 02, 2021, 04:34:24 AM |
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Shoutout to bitcasino (and sportsbet) for hosting that pizza promotion. I just got my prize from the contest. It's been a while since I got this lucky and i'm very thankful for these cool promos you guys have been putting up recently. Wow I really congratulate you, that was a great prize !! Very well deserved, I hope you enjoy it very much, Bitcasino.io gives many opportunities to win outside and inside the casino. It’s a national holiday, the sun is out & I just won 50 mBTC on Alien Hunter.
Cheers to bitcasino.io
Thanks
Wow 50mBTC is a huge profit !! Winning at Alien Hunt is a unique emotion, the truth is that to reach that amount you had to make very good bets, also because luck accompanied you in addition to good strategy, this is the kind of thing that makes playing in a casino exciting. The truth is that I have never won so much, if with 1mBTC that I win there is a lot of excitement, then 50mBTC would be better than a lottery for me. I've tried it and it's really fun ahah i play with 30 EUR within 10 minutes I doubled the balance to 205 EUR Unfortunately I'm too greedy and it's all gone I'll definitely come back later when I have more balance at least $100 so we can play more relaxed, if you try this game I'm sure you will come back again to try
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Haunebu
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June 02, 2021, 08:45:11 AM |
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I don't see any taxes applicable in crypto gambling, but I don't know what about fiat gambling. Although gambling is prohibited in my country, people still play online gambling, and many of them used gambling sites to make money or just spend their time.
Taxes are usually charged in offline casinos while it varies in online FIAT casinos. Crypto gambling sites allow you to gamble without worrying about taxes which is easily one of their biggest advantages. Perhaps, my government will apply the tax for gamblers, especially when they win and withdraw that money to their bank account. But that winner can easily find a local seller who can help them get the win money, so I think the bank will consider that transaction is usual or normal because it looks like a personal account to other personal accounts.
It all comes down to the payment method. If you are using Skrill, Neteller etc, your government can easily track you while using cryptocurrencies like BTC, ETH etc and OTP help you stay anonymous.
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Bitcasino.io Support (OP)
Copper Member
Legendary
Offline
Activity: 1157
Merit: 1751
#1 VIP Crypto Casino
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June 02, 2021, 01:35:09 PM |
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Hey everybody! Summer is just around the corner. Come and share with us the sun, love and fun YGGDRASIL SUMMER OF LOVE 1) OPT-IN 2) PLAY QUALIFYING GAMES 3) WIN A SHARE OF €80 000 Things to know:* To participate you need to click on “ join now” in the pop-up window in participating games. * Participating games: Gator Gold, Golden Fish tank, Multifly!, Valley of the Gods, Lucky Neko, Holmes and the Stolen Stones, Jackpot Raiders, Cauldron. * No minimum bet required to participate. * Any bet placed on the qualifying games can trigger a random mystery prize. * The campaign runs until June 14th 2021 05:59 GMT. Who's in? Enjoy and good luck Karl Bitcasino.io
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Kakmakr
Legendary
Offline
Activity: 3542
Merit: 1964
Leading Crypto Sports Betting & Casino Platform
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June 03, 2021, 07:37:54 AM |
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Hey everybody! Summer is just around the corner. Come and share with us the sun, love and fun YGGDRASIL SUMMER OF LOVE 1) OPT-IN 2) PLAY QUALIFYING GAMES 3) WIN A SHARE OF €80 000 Things to know:* To participate you need to click on “ join now” in the pop-up window in participating games. * Participating games: Gator Gold, Golden Fish tank, Multifly!, Valley of the Gods, Lucky Neko, Holmes and the Stolen Stones, Jackpot Raiders, Cauldron. * No minimum bet required to participate. * Any bet placed on the qualifying games can trigger a random mystery prize. * The campaign runs until June 14th 2021 05:59 GMT. Who's in? Enjoy and good luck Karl Bitcasino.ioI was not very lucky with previous YGGDRASIL promotions like this before, but I decided to give it another try. My strategy is a bit different this time around, because I am not going to play just one of the Slots listed for this promotion, but I am going to do all of them. I started yesterday with "Gator Gold" (because it is new) and I dropped 500 bets into it, but I did not win any of the prizes... then I switched to "Cauldron" with another 1000 bets and came out empty with that too... but with that said, won enough back to break even. I will play some of the older games today, to see if I can get one of the random prizes. ( I like the fact that they do not have a minimum bet amount for this one, because the increased minimum bet during some promotions.. can be expensive, when you chasing a random drop )
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..Stake.com.. | | | ▄████████████████████████████████████▄ ██ ▄▄▄▄▄▄▄▄▄▄ ▄▄▄▄▄▄▄▄▄▄ ██ ▄████▄ ██ ▀▀▀▀▀▀▀▀▀▀ ██████████ ▀▀▀▀▀▀▀▀▀▀ ██ ██████ ██ ██████████ ██ ██ ██████████ ██ ▀██▀ ██ ██ ██ ██████ ██ ██ ██ ██ ██ ██ ██████ ██ █████ ███ ██████ ██ ████▄ ██ ██ █████ ███ ████ ████ █████ ███ ████████ ██ ████ ████ ██████████ ████ ████ ████▀ ██ ██████████ ▄▄▄▄▄▄▄▄▄▄ ██████████ ██ ██ ▀▀▀▀▀▀▀▀▀▀ ██ ▀█████████▀ ▄████████████▄ ▀█████████▀ ▄▄▄▄▄▄▄▄▄▄▄▄███ ██ ██ ███▄▄▄▄▄▄▄▄▄▄▄▄ ██████████████████████████████████████████ | | | | | | ▄▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▄ █ ▄▀▄ █▀▀█▀▄▄ █ █▀█ █ ▐ ▐▌ █ ▄██▄ █ ▌ █ █ ▄██████▄ █ ▌ ▐▌ █ ██████████ █ ▐ █ █ ▐██████████▌ █ ▐ ▐▌ █ ▀▀██████▀▀ █ ▌ █ █ ▄▄▄██▄▄▄ █ ▌▐▌ █ █▐ █ █ █▐▐▌ █ █▐█ ▀▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▀█ | | | | | | ▄▄█████████▄▄ ▄██▀▀▀▀█████▀▀▀▀██▄ ▄█▀ ▐█▌ ▀█▄ ██ ▐█▌ ██ ████▄ ▄█████▄ ▄████ ████████▄███████████▄████████ ███▀ █████████████ ▀███ ██ ███████████ ██ ▀█▄ █████████ ▄█▀ ▀█▄ ▄██▀▀▀▀▀▀▀██▄ ▄▄▄█▀ ▀███████ ███████▀ ▀█████▄ ▄█████▀ ▀▀▀███▄▄▄███▀▀▀ | | | ..PLAY NOW.. |
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maydna
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June 03, 2021, 08:05:27 AM |
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I don't see any taxes applicable in crypto gambling, but I don't know what about fiat gambling. Although gambling is prohibited in my country, people still play online gambling, and many of them used gambling sites to make money or just spend their time.
Taxes are usually charged in offline casinos while it varies in online FIAT casinos. Crypto gambling sites allow you to gamble without worrying about taxes which is easily one of their biggest advantages. And if we win from the crypto gambling site, we can save the money in crypto form and not withdraw the money if we don't have an urgent thing that needs money. We hope that the fee will not apply to the crypto user, whether they got a win or make money from crypto. Perhaps, my government will apply the tax for gamblers, especially when they win and withdraw that money to their bank account. But that winner can easily find a local seller who can help them get the win money, so I think the bank will consider that transaction is usual or normal because it looks like a personal account to other personal accounts.
It all comes down to the payment method. If you are using Skrill, Neteller etc, your government can easily track you while using cryptocurrencies like BTC, ETH etc and OTP help you stay anonymous. The important thing here is if we don't send any money from the gambling game into our account, we don't have to pay the tax if our country applies tax to their people.
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█████████████████████████ ████████▀▀████▀▀█▀▀██████ █████▀████▄▄▄▄██████▀████ ███▀███▄████████▄████▀███ ██▀███████████████████▀██ █████████████████████████ █████████████████████████ █████████████████████████ ██▄███████████████▀▀▄▄███ ███▄███▀████████▀███▄████ █████▄████▀▀▀▀████▄██████ ████████▄▄████▄▄█████████ █████████████████████████ | BitList | | █▀▀▀▀ █ █ █ █ █ █ █ █ █ █ █ █▄▄▄▄ | ▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀▀ . REAL-TIME DATA TRACKING CURATED BY THE COMMUNITY . ▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄▄ | ▀▀▀▀█ █ █ █ █ █ █ █ █ █ █ █ ▄▄▄▄█ | | List #kycfree Websites |
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Bitcasino.io Support (OP)
Copper Member
Legendary
Offline
Activity: 1157
Merit: 1751
#1 VIP Crypto Casino
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June 03, 2021, 11:58:12 AM |
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DO NOT PLAY AT THIS SCAM SITE - THEY ARE FROM THE SAME SCAM ORGANISATION AS THE SCAM BOOKMAKER SPORTSBET.IO
Hello konabel, I am sorry to hear you've had an unpleasant experience. Could please send me a message with your username so I could take a look. Regards, Karl Bitcasino.io
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Bitcasino.io Support (OP)
Copper Member
Legendary
Offline
Activity: 1157
Merit: 1751
#1 VIP Crypto Casino
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June 03, 2021, 12:24:29 PM |
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Hey guys Hop on a Money Train 2 because it’s going to be an exciting ride to great wins! Money Train 2 by Relax Gaming is a slot game that features a 5x4 reel with 40 paylines that can grant you large rewards. With an RTP of 96.4%, you’ll have plenty of chances to win in every spin. Learn the ropes >>> Pull off the heist of the century at Money Train 2!If you have played, please share your thoughts. Thanks, Karl Bitcasino.io
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Haunebu
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I am sorry to hear you've had an unpleasant experience. Could please send me a message with your username so I could take a look.
Don't waste your time trying to resolve konabel's queries since he has been ranting about Sportsbet and Bitcasino in their respective threads from sometime now without providing proper proof to backup his statements. I suggest ignoring him unless he provides accurate proof to backup his claims.
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zanezane
Full Member
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Activity: 868
Merit: 150
★Bitvest.io★ Play Plinko or Invest!
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June 03, 2021, 12:41:28 PM |
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Karl, we have no taxes on gambling in the UK.
I was shocked when I learnt that in Vegas if you hit a big jackpot you have to declare tax on the winnings (apparently when back in the UK you can claim it back though).
Unfortunately I didn’t win big money in Vegas so it wasn’t a problem for me.
Very informative article though, thanks.
Pretty understandable that they are taxing big wins, that's the main source of income for the city unlike UK where there isn't a lot of casinos and such but that is such a good thing for gamblers in UK though, no taxes meant that you are going to be able to relish to your heart's desire all of your winnings.
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Taskford
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June 03, 2021, 01:03:51 PM |
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DO NOT PLAY AT THIS SCAM SITE - THEY ARE FROM THE SAME SCAM ORGANISATION AS THE SCAM BOOKMAKER SPORTSBET.IO
Hello konabel, I am sorry to hear you've had an unpleasant experience. Could please send me a message with your username so I could take a look. Regards, Karl Bitcasino.ioIts a waste of your energy if you entertain him since he's like trolling up every casino where he goes so better focus on something more important and ignore what he posted. We already know how good this casino and he's intention on why he posted that. As other user posted better entertain those people who can provide valid screenshot on their claims and not those trolls who post unverified claims.
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LFC_Bitcoin
Legendary
Offline
Activity: 3668
Merit: 10206
#1 VIP Crypto Casino
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June 03, 2021, 03:32:50 PM |
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Guys don’t let trolls (konabel) ruin the community spirit & positive vibes we have in the bitcasino.io thread. Don’t give him any air time, it’s what he feeds on. Just report his posts as ‘low quality post, trolling, unsubstantiated nonsense’. Let’s keep it positive & on topic - Hey guys Hop on a Money Train 2 because it’s going to be an exciting ride to great wins! Money Train 2 by Relax Gaming is a slot game that features a 5x4 reel with 40 paylines that can grant you large rewards. With an RTP of 96.4%, you’ll have plenty of chances to win in every spin. Learn the ropes >>> Pull off the heist of the century at Money Train 2!If you have played, please share your thoughts. Thanks, Karl Bitcasino.io
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maydna
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June 04, 2021, 09:52:24 AM |
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With the popularity and reputations that Bitcasino.io has, I doubt that they will try to cheat their members because that can ruin their reputations and make many members disappointed.
I hope that if a member has a problem, they can send PM directly to Karl or other support systems on their site. I am sure they will be happy to help you and solve your problem.
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arwin100
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June 04, 2021, 01:41:12 PM |
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With the popularity and reputations that Bitcasino.io has, I doubt that they will try to cheat their members because that can ruin their reputations and make many members disappointed.
I hope that if a member has a problem, they can send PM directly to Karl or other support systems on their site. I am sure they will be happy to help you and solve your problem.
That's the best solution by contacting them Karl from bitcasino is so active updating here so expect that he will help those forum users who encounter a problem on their casino. But since he posted it here without proof so expect that he really don't have any valid claims regarding on what he says here. Edit: Nice to see more new games added will take a look on it.
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$crypto$
Legendary
Offline
Activity: 2506
Merit: 1062
Smart is not enough, there must be skills
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June 04, 2021, 03:57:36 PM |
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With the popularity and reputations that Bitcasino.io has, I doubt that they will try to cheat their members because that can ruin their reputations and make many members disappointed.
I hope that if a member has a problem, they can send PM directly to Karl or other support systems on their site. I am sure they will be happy to help you and solve your problem.
That's the best solution by contacting them Karl from bitcasino is so active updating here so expect that he will help those forum users who encounter a problem on their casino. But since he posted it here without proof so expect that he really don't have any valid claims regarding on what he says here. konabel Keeps creating dangerous trolls in every gambling thread I think he wants to destroy the crypto community in gambling, is this a kid or a fool who keeps doing such inappropriate things. Still don't think about him, whether what LFC_Bitcoin says is true, we have to think positively about Bitcasino, because so far I haven't seen any problems except trolls (konabel).
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terrorJR
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June 04, 2021, 07:11:03 PM |
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previously I've seen some threads still advertising this bitcasino.io about promotions and now I've seen a new one. I'm happy to see this because having a thread now means the problem that was previously happening is over I will try to register here because I am interested in the casino features that have been improved I hope this continues to grow
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LFC_Bitcoin
Legendary
Offline
Activity: 3668
Merit: 10206
#1 VIP Crypto Casino
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June 05, 2021, 06:40:09 PM |
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Everybody having a good weekend? Any lucky winning streaks on bitcasino.io? Plenty of new games to check out below
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