The gambling black market thrives in Britain

[Taskford]

Have you ever used illegal black market to make a bet ? Gamble ? When the normal opportunities were not available ? But what do we think about Britain? In the Britain the black market gambling have more than just doubled , which is a matter of concern for everyone and not just the government.

-Despite having Gambling as a controlled legal sport the black market continues to flourish. WHY ?
What are your opinions?

https://www.gamblinginsider.com/news/11001/new-bgc-research-shows-number-of-customers-using-black-market-sites-has-more-than-doubled

Now why should it be a matter of concern?
- With the new Variant already in the UK these illegal platforms might be a hub for the fast spread of COVID plaguing the whole world
-there is no minor protection policies
-more illegal things are drug dealing and money laundering might be connected with such cases.

I do think the government needs to actually look forth for their licensing policies they time and again force the small gambling companies to shut off their business but at the same time doing it illegally doesn't make it any less of a crime.

What are your thoughts ?
Have you ever tried Gambling in the black market ?

It is easy to see why there is a black market for gambling, casinos are heavily taxed and while they can still earn great profits out of it many people prefer to open illegal casinos and get more profits that way, but then why customers use illegal casinos? One answer is that they do not know they are using an illegal casino, but another option is that since the casino is not paying taxes they could offer better odds to their customers and they prefer to use such casino despite its illegal nature.

Its hard to digest that statement that they didn't know if the casino is illegal since they can always do a certain verification to know if they are dealing with legal and not, But what I think many people choose to play in black market gambling is due to restrictions what legal have also people want anonymity as well some of  black market casino is so exciting to play especially if we know the risk and how the play executed.

[slaman29]

So, I do gamble on black market because places that are legit and allowed screws you over with the odds and do not pay you great deal of profit, which is why I think it is obvious that we are in a situation where black markets are a better option to gamble than real sportsbooks. Even if a place that we all love in black market ends up getting a legit license, they turn to being worse, so basically being licensed and legit makes a place worse.

I think the tradeoff in black market is you can also get screwed over by no payouts, or arbitrary rules that you can't complain over. I know you're probably in Asia like most of us, so actually before bitcoin came along we all had to use black market bookies;)

It's cost saving and time saving, but I never feel comfortable paying a lot in case something goes wrong.

[maydna]

I think the tradeoff in black market is you can also get screwed over by no payouts, or arbitrary rules that you can't complain over. I know you're probably in Asia like most of us, so actually before bitcoin came along we all had to use black market bookies;)

It's cost saving and time saving, but I never feel comfortable paying a lot in case something goes wrong.

The black market bookies are available in many countries, but that is not exposed to the public, and only some people know about the place that playing gambling on that place. Perhaps, that is the consequences for people who use the black market bookies to trade or gambling. Even after bitcoin came along, the black market bookies will still available because some people feel comfortable placing their bet on that service. They can accept the rule from that bookies, and even if they don't have a chance to win, they still come to play gambling.

[Wexnident]

I have used "black market" gambling in a sort of way, I gamble on crypto sportsbooks and thats not allowed in my nation, we already have sportsbooks that are legal here but their odds are nowhere near the same, they are very very bad, and they are not paying good for both sides as well, if it was just favorites with lower odds but underdogs higher odds I would understand but they are paying low odds for both sides and even the draw.

So, I do gamble on black market because places that are legit and allowed screws you over with the odds and do not pay you great deal of profit, which is why I think it is obvious that we are in a situation where black markets are a better option to gamble than real sportsbooks. Even if a place that we all love in black market ends up getting a legit license, they turn to being worse, so basically being licensed and legit makes a place worse.

I don't think that counts as a black market gambling, more like illegal gambling. Though they can be said to be the same, your case was that it was illegal in your country, afaik black market gambling is illegal in ALL countries. They don't have strict identity rules and what not, and only follow internal rules set up by the private organization behind that industry. I do have to agree though, casinos would sometimes just simply screw up your payments from time to time without reason, and even talking to their support at times wouldn't really provide anything substantial to fix the problem. Idk how the black market works with their service, though I'd reckon they follow the rules they set properly so as to avoid too much communication with customers.

[vintages]

Black market gambling will always be around and not only in Britain but every where. Why? Cause some people enjoy it cause of the free will to do anything.

One way the government can reduce it since its inevitable to take it down completely it is to regulate the gambling industry with this some people won't think of the black market.

And no, I would never try the gambling black market, that is too much risk.

[plr]

Now why should it be a matter of concern?
- With the new Variant already in the UK these illegal platforms might be a hub for the fast spread of COVID plaguing the whole world
-there is no minor protection policies
-more illegal things are drug dealing and money laundering might be connected with such cases.

These three is enough reason to shut down these gambling black market, the black market is always associated to something bad and illegal and if this is the reason why there is a spread of CoVid then it's enough reason to do a drastic action.

[Mauser]

Now why should it be a matter of concern?
- With the new Variant already in the UK these illegal platforms might be a hub for the fast spread of COVID plaguing the whole world
-there is no minor protection policies
-more illegal things are drug dealing and money laundering might be connected with such cases.

These three is enough reason to shut down these gambling black market, the black market is always associated to something bad and illegal and if this is the reason why there is a spread of CoVid then it's enough reason to do a drastic action.

I would expect the authorities are working hard to do so. Black markets are always hurting the government because no taxes are collected. And it probably going to be very hard to keep these black casinos a secret. Once people start losing a lot of money they might feel cheated and will report the casino to the government. Also there is no real protection for the gamblers, I wouldn't risk my money on one of these places.

[Saisher]

I would expect the authorities are working hard to do so. Black markets are always hurting the government because no taxes are collected. And it probably going to be very hard to keep these black casinos a secret. Once people start losing a lot of money they might feel cheated and will report the casino to the government. Also there is no real protection for the gamblers, I wouldn't risk my money on one of these places.

These underground gambling sites are just hub or cover for illegal drugs, prostitution and even gun running only people with bad reputation are going to these places to transact, if you have a good name to protect better not play here or even go here out of curiosity, every country have this kind of activity not only in Britain.

[crzy]

I've tried gambling on a black market before, where Fruit game or a slot machine in my place are scattered all over the area but since the authorities are doing their job to arrest those illegal gambling, I decided to stop playing and don't want to put myself on a bigger risk. Anyway, I just read the news about Thailand hunting the illegal gamblers and now its on Britain, looks like the authority really need to collect huge taxes this year to cover all the expenses because of pandemic. Don't wait for the authority to caught you, stop your illegal transactions with gambling now before its too late.

[ethereumhunter]

Black market gambling will always be around and not only in Britain but every where. Why? Cause some people enjoy it cause of the free will to do anything.

One way the government can reduce it since its inevitable to take it down completely it is to regulate the gambling industry with this some people won't think of the black market.

And no, I would never try the gambling black market, that is too much risk.

Before the government applies the regulation, they need to search for illegal gambling places because I am sure the place will be at a hidden place, and that will need time before the government can find it. People who come to the illegal gambling site will not talk to someone they do not know because they will not want to risk that. Maybe the government can use the other way, such as asking from the people they caught because of some illegal thing. But that will not always work as the illegal gambling place will have a back up from the corrupt officials.

[Findingnemo]

People likely to gamble on the unregulated casinos or black market to avoid tax on their rewards because some countries has huge tax rates and almost 40% from the total rewards helps the black market to flourish.In UK gambling is completely regal if I am not wrong so the real reason is the high tax rates, so government need to make some changes in their gambling act 2005 to stop the black money or else it is going to get more bigger.

[virasisog]

People likely to gamble on the unregulated casinos or black market to avoid tax on their rewards because some countries has huge tax rates and almost 40% from the total rewards helps the black market to flourish.In UK gambling is completely regal if I am not wrong so the real reason is the high tax rates, so government needs to make some changes in their gambling act 2005 to stop the black money or else it is going to get bigger.

I've searched on google about the UK gambling tax and found out that gamblers are not taxed for any of their winnings from gambling, however, I am not sure if the same goes for gambling operators. This could be the reason why the gambling black market in the UK increased. Whether this could be the reason or not, illegal gambling cannot be eradicated, this kind of business had been existing since some players choose to gamble underground.

[CarnagexD]

Initially I thought these are unlicensed sites, that go undercover to conceal their operations, unfortunately this actually was a walk-in illegal casino and just like what Op said it risks the people playing and those that they come into contact with. I hope UK does something about this ASAP as the virus continues to mutate. We wanna make sure the safety and security of the general public is secured especially during these types of situations.

[KTChampions]

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

[AmoreJaz]

People likely to gamble on the unregulated casinos or black market to avoid tax on their rewards because some countries has huge tax rates and almost 40% from the total rewards helps the black market to flourish.In UK gambling is completely regal if I am not wrong so the real reason is the high tax rates, so government needs to make some changes in their gambling act 2005 to stop the black money or else it is going to get bigger.

I've searched on google about the UK gambling tax and found out that gamblers are not taxed for any of their winnings from gambling, however, I am not sure if the same goes for gambling operators. This could be the reason why the gambling black market in the UK increased. Whether this could be the reason or not, illegal gambling cannot be eradicated, this kind of business had been existing since some players choose to gamble underground.

am certain legal gambling operators need to pay taxes for the govt. so this black market is to avoid taxes and gamblers are patronising it. because right now, there are so many restrictions as we are still in pandemic, so maybe this black market is not so strict with health protocols, why these gamblers are going in instead in legal casinos.

or is this report tackling more on online gambling market as stated on this article not the physical casinos on their area? - https://www.cityam.com/pwc-report-shows-british-black-market-gambling-doubled-since-2018/

[Lorence.xD]

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

It is not just that, black market have a loyal customers and the head of the operations knows a lot of people. Not to mention that the money you mean on the underground are tax free, and if I am right, they do not profit big on gambling, they want the loan sharking part of the operations. It is partly the fault of legal gambling businesses and the authorities on why this underground gambling dens are not dying, the businesses are strict and the wins are not that great, on the authority side, they seem to enjoy the profits of corruption.

[iTradeChips]

I'd be honest here, because of the experiences we had in our city, things would be dismal to law enforcement. Black market gambling joints are like mushrooms, that suddenly sprout our of nowhere. No matter how many times governments of the world are doing their best to curb black market gambling, these just keeps on springing up, most of the time in the far reaches of law enforcement in the rural areas. Poverty might also be a twin brother of gambling that some men tend to put their hard earned cash in these illegal gambling joints in the hopes of a quick buck.

[iTradeChips]

Government of Britain should thrive to control the illegal gambling activities, its a risk hazard especially when they're trying to suppress the new variant. No license gambling platforms should immediately be shutdown and to those non compliant to health and safety regulations. People can go play online, why do they have to bet in physical bookies and risked their getting infected.

That is a good question. All I could think of for an answer really would be 2 things. First is the possibility that these gamblers don't know crap about the computer and don't know how to deal with online gambling so they don't waste time and just go to these places to easily play and place their bets. Second, I think is the thrill of playing on a physical and real place compared to doing it online which some would find boring and unattractive.

[KTChampions]

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

It is not just that, black market have a loyal customers and the head of the operations knows a lot of people. Not to mention that the money you mean on the underground are tax free, and if I am right, they do not profit big on gambling, they want the loan sharking part of the operations. It is partly the fault of legal gambling businesses and the authorities on why this underground gambling dens are not dying, the businesses are strict and the wins are not that great, on the authority side, they seem to enjoy the profits of corruption.

This is exactly what I said - if you impose inadequate taxes, then people start to evade them and a black market arises. This also applies to other restrictions. The easiest way to defeat the black market is to have adequate rules and regulations in the white market.

[Fatunad]

If people prefer the black market (with all its risks and disadvantages) then this means that the government does a shitty job and the "white" market has the worst conditions. It works the same in all areas, excessive taxes, regulation and other restrictions on the rights of people lead to the fact that they try to avoid it and thus a black market appears.

It is not just that, black market have a loyal customers and the head of the operations knows a lot of people. Not to mention that the money you mean on the underground are tax free, and if I am right, they do not profit big on gambling, they want the loan sharking part of the operations. It is partly the fault of legal gambling businesses and the authorities on why this underground gambling dens are not dying, the businesses are strict and the wins are not that great, on the authority side, they seem to enjoy the profits of corruption.

This is exactly what I said - if you impose inadequate taxes, then people start to evade them and a black market arises. This also applies to other restrictions. The easiest way to defeat the black market is to have adequate rules and regulations in the white market.

Even having that adequate rules and regulations in a legal market wouldnt still be a viable solution because there would be people/owners would really be going into this path.

Some would go align with paying up the right  tax and there would be some that wont really be tending to pay which do really ends on this.

Its no surprise that each government would really have different take when it comes to gambling industry or business.