The gambling black market thrives in Britain

[chaser15]

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

No. Not necessary and I don't want to risk my name there.

There are lots of reputable gambling sites wherein restrictions are not that hard to comply with. Feel comfortable without the worries that I'm playing in a dirty community.

Gambling in the black market is more on involving with a big association. They are likely to want to avoid paying taxes.

[South Park]

I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

Unfortunately this is the problem with banning or making something illegal, after all people want to gamble, gambling is a huge industry that moves a lot of money each year and yet there are many countries that forbid it and by doing so they are doing a great favour to mafias all around the world which are willing to offer gambling to those people, now in the case of the UK that should not be a problem because gambling there is legal however I'm pretty sure that because of all the taxes that casinos need to pay that the odds are not as good as the odds that you can find in casinos that are illegal and that sends some people to those illegal casinos.

[Silberman]

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

In fact, the opposite is true - if you lose money in an ordinary legal casino, then you cannot do anything since everything is legal and you cannot dispute the result of the games. But if you lost money in an illegal casino, then from the point of view of the law, this is an insignificant (in terms of law) transaction and you may well file a complaint with the police or court in order to get your money back.

Things are never that simple, while you are technically correct it is obvious that such a casino is going to have the protection of the local authorities, are you seriously going to take the risk of going to the police and denounce them when you know the casino is being run illegally? It is better to just accept the loss because most likely you will not get your money back but they will know that someone went to the police to denounce them and they will know who it was, so in my opinion it is just better to accept the loss instead of risking yourself over a small amount of money.

[maydna]

Was unfortunate to have fell into something i wanted not but becasue of my mindset towards gambling i choose to gamble whenever i have the funds. Whenever dealing with illegal gambling platform if anything happen nothing could be done to these platform because the police won't get involve. Some years back i lost a whooping sum of money $3000 but couldn't make any report to my local Police, i won't advise anyone to get involve into illegal gambling.

In fact, the opposite is true - if you lose money in an ordinary legal casino, then you cannot do anything since everything is legal and you cannot dispute the result of the games. But if you lost money in an illegal casino, then from the point of view of the law, this is an insignificant (in terms of law) transaction and you may well file a complaint with the police or court in order to get your money back.

Losing money in both legal casinos and illegal casinos will be a pain for every gambler. We can't do anything except accepting the losses, but some of us are still playing gambling on both types of casinos. We can't complain to the casino because the casino will not accept it and will remind silent. No matter what, we should stay away from the illegal casino if we don't want to get a problem. Otherwise, when we play a gambling game on that casino, and the police know about that place, they will arrest all of the people who play. It's only a matter of time before the police can arrive at that place and get all the gamblers.

[Fredomago]

I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

Unfortunately this is the problem with banning or making something illegal, after all people want to gamble, gambling is a huge industry that moves a lot of money each year and yet there are many countries that forbid it and by doing so they are doing a great favour to mafias all around the world which are willing to offer gambling to those people, now in the case of the UK that should not be a problem because gambling there is legal however I'm pretty sure that because of all the taxes that casinos need to pay that the odds are not as good as the odds that you can find in casinos that are illegal and that sends some people to those illegal casinos.

Illegal doers are everywhere, and those who are patronizing the business mostly involves with same market. Whatever moves the government do this groups of people are willing to take the high risk.

knowing that once the business start moving,  chances of gaining huge amount of money is worth the risk, we can't deny that gambling industry is really big and cutting some piece of it can give luxury to those people who are facilitating this illegal houses, they are gaining portions of those free taxes from this kind of black market.

[yazher]

I believe that illegal gambling does not flourish in the UK alone, but in some countries where gambling is prohibited. Because gambling can be addictive,
it is therefore taken advantage of by several large mafias to provide illegal gambling. Another thing that makes illegal gambling thrive is the very
large circulation of money, this is what makes the gambling industry very high demand. Moreover, illegal gambling does not need to pay taxes,
it encourages the gambling black market to be everywhere and difficult to eradicate. Because the benefits generated by illegal gambling are much
greater than legal gambling.

Unfortunately this is the problem with banning or making something illegal, after all people want to gamble, gambling is a huge industry that moves a lot of money each year and yet there are many countries that forbid it and by doing so they are doing a great favour to mafias all around the world which are willing to offer gambling to those people, now in the case of the UK that should not be a problem because gambling there is legal however I'm pretty sure that because of all the taxes that casinos need to pay that the odds are not as good as the odds that you can find in casinos that are illegal and that sends some people to those illegal casinos.

Illegal doers are everywhere, and those who are patronizing the business mostly involves with same market. Whatever moves the government do this groups of people are willing to take the high risk.

knowing that once the business start moving,  chances of gaining huge amount of money is worth the risk, we can't deny that gambling industry is really big and cutting some piece of it can give luxury to those people who are facilitating this illegal houses, they are gaining portions of those free taxes from this kind of black market.

Illegal in our country are those who make their own lottery from the result of lottery on the T.V but with little payment for entries and the price is not big as well. They've been doing this kind of illegal gambling since I was a kid and when they get caught they will face some serious charges. because not only they copy the actual legal gambling platform, they also present themselves as one of their representatives.

[jaberwock]

knowing that once the business start moving,  chances of gaining huge amount of money is worth the risk, we can't deny that gambling industry is really big and cutting some piece of it can give luxury to those people who are facilitating this illegal houses, they are gaining portions of those free taxes from this kind of black market.

The better thing for the government would be instead of forcing people to stop playing at these illegal sites, legalize gambling and put higher taxes which brings revenue for the government and I have seen when you impose taxes on something the interest from people also decreases.

I don't want to accuse crypto casinos but really they do contribute towards illegal gambling as minors can make an account on any of these sites and all the site is asking is to click a box "I understand and agree to terms" which the minor can easily do and that's it, welcome to the gambling world and get your careers ruined.

As much as I love betting anonymously, I feel there should be a protocol to verify at least the age of the gamblers because I don't mind grown people gambling illegally and handing their ass to the casinos but minors should not be allowed to join.

[dunfida]

Illegal in our country are those who make their own lottery from the result of lottery on the T.V but with little payment for entries and the price is not big as well. They've been doing this kind of illegal gambling since I was a kid and when they get caught they will face some serious charges. because not only they copy the actual legal gambling platform, they also present themselves as one of their representatives.

Im bit aware of this which it does actually happen for ages now on where making out some illegal lotteries and bettings with just basing into those official games that do happen.
They arent regulated and expected that ticket price or bet will be lesser but of course same goes with the prize.Still surprised that there are indeed people who are really fan
on doing it instead on going to legal places.

[magneto]

And ironically, the reason they thrive is because of the government.

Not having actually realistic regulations when it comes to gambling and having draconian levels of barrier to entry with gambling licensing is bound to create gambling black markets.

The demand for gambling is going to be there regardless of whether or not the government embraces it or not. They might as well go with more accomodative policy as opposed to restricting access.

[pakhitheboss]

And ironically, the reason they thrive is because of the government.

Not having actually realistic regulations when it comes to gambling and having draconian levels of barrier to entry with gambling licensing is bound to create gambling black markets.

The demand for gambling is going to be there regardless of whether or not the government embraces it or not. They might as well go with more accomodative policy as opposed to restricting access.

That is true most illegal activities happen because of Government policies. The demand is high and if but the supply is less, this is the main reason why all illegal activities start. The government wants to cash out on everything and that is why they have kept such a huge licensing fee. It is not easy for anyone to enter the gambling business because of the fee and hence they resort to the illegal gambling business. Most of them do not get caught as they do pay bribes to the local authorities to stay afloat.

[Silberman]

And ironically, the reason they thrive is because of the government.

Not having actually realistic regulations when it comes to gambling and having draconian levels of barrier to entry with gambling licensing is bound to create gambling black markets.

The demand for gambling is going to be there regardless of whether or not the government embraces it or not. They might as well go with more accomodative policy as opposed to restricting access.

Very true, many governments have a paternalistic view and they treat their citizens as if they are kids that cannot protect themselves, they see that some people lose their money while they gamble and they think that every person that gambles is the same when the truth is that the majority of people have their gambling under control and those people would have lost their money anyway in other stuff so those strict regulations are not helping anyone, except the owners of casinos that operate outside the law.

[ethereumhunter]

Illegal in our country are those who make their own lottery from the result of lottery on the T.V but with little payment for entries and the price is not big as well. They've been doing this kind of illegal gambling since I was a kid and when they get caught they will face some serious charges. because not only they copy the actual legal gambling platform, they also present themselves as one of their representatives.

I do not think that the gambling type will stop as many people still want to use it to search for making money. Even if they get caught because of playing illegal gambling, they will still use it once they free from jail. The owner will also change from time to time because that is a business that can make much money for them to hide their business from the government. We do not know how to reduce or erase that illegal casino because people are still tempted to playing gambling to make money.

[bitzizzix]

Illegal in our country are those who make their own lottery from the result of lottery on the T.V but with little payment for entries and the price is not big as well. They've been doing this kind of illegal gambling since I was a kid and when they get caught they will face some serious charges. because not only they copy the actual legal gambling platform, they also present themselves as one of their representatives.

I do not think that the gambling type will stop as many people still want to use it to search for making money. Even if they get caught because of playing illegal gambling, they will still use it once they free from jail. The owner will also change from time to time because that is a business that can make much money for them to hide their business from the government. We do not know how to reduce or erase that illegal casino because people are still tempted to playing gambling to make money.

Illegal gambling will continue to exist and will not disappear as long as there are many users, and they do not think about the risks they will face if caught because they think gambling is a source of making money quickly so they ignore the risks they face.
So I think illegal gambling will exist even if it is caught or for whatever reason and it will not go away, unless the government imposes strict regulations or harsh penalties.

[TheGreatPython]

Illegal in our country are those who make their own lottery from the result of lottery on the T.V but with little payment for entries and the price is not big as well.

Yes, the result of such lotteries are almost always rigged. They can always make their own people win and there is no verification process and the worst thing is that you cannot even complain about being scammed because you were wrong to buy those illegal lotteries ticket in first place and while they might get caught, although not sure, police will definitely trouble you for your actions.

They've been doing this kind of illegal gambling since I was a kid and when they get caught they will face some serious charges. because not only they copy the actual legal gambling platform, they also present themselves as one of their representatives.

The problem is that one gets caught the other one starts and there are lots of scam/fake lotteries going on in almost every country and the only way to close these illegal operations is if people decide not to waste their money and abandon playing completely on these sites.

[AicecreaME]

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

Never, I would never do such thing that would risk my life.

Betting in an illegal market or black market is so sketchy and risky for everyone. All of the black markets are running by criminals, gangs, drug lords, etc. all of the bad people are there. Now, people are turning in black market or in illegal gambling because of the Government overregulation of gambling sites, that's why people search for an alternative that could make them breath and free, however it is dangerous at the same time.

Why? oh well imagine getting addicted on it, getting a debt from it, and suddenly you can't find money to pay those debts and you've just been killed by a random stranger from the black market because of it, and other worst scenarios.

[Bitcoinislife09]

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 ?

Illegal gambling sounds ridiculous already for me. Gambling in the black market was insane and I will never try to do this. Its sounds like a gamble where your life could be threatened. I think this is where big-time criminals gamble their money in the place of the black market. The fact that the number of people using black market websites has double probably means the government does not really have a good system that takes care of this kind of illegal black market websites. Maybe because of the pandemic people find a new way to do it in a form of online, other countries already taken care of these issues, for sure Britain can too.

[Fredomago]

knowing that once the business start moving,  chances of gaining huge amount of money is worth the risk, we can't deny that gambling industry is really big and cutting some piece of it can give luxury to those people who are facilitating this illegal houses, they are gaining portions of those free taxes from this kind of black market.

The better thing for the government would be instead of forcing people to stop playing at these illegal sites, legalize gambling and put higher taxes which brings revenue for the government and I have seen when you impose taxes on something the interest from people also decreases.

I don't want to accuse crypto casinos but really they do contribute towards illegal gambling as minors can make an account on any of these sites and all the site is asking is to click a box "I understand and agree to terms" which the minor can easily do and that's it, welcome to the gambling world and get your careers ruined.

As much as I love betting anonymously, I feel there should be a protocol to verify at least the age of the gamblers because I don't mind grown people gambling illegally and handing their ass to the casinos but minors should not be allowed to join.

Things  being treated differently by gamblers who have their own opinions about dealing with this business, if the government will carry out or impose higher taxes, the house itself will adjust on it and bring that extra charge to gamblers end or they will shoulder half of it and the other half will be on the gamblers side.

From that point only those who are really got enough money will continue to patronize this business, other might be discouraged due to this new implemented new taxes. Win win for the government if all the executions correctly being done.

[Jemzx00]

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

No. Not necessary and I don't want to risk my name there.

There are lots of reputable gambling sites wherein restrictions are not that hard to comply with. Feel comfortable without the worries that I'm playing in a dirty community.

Gambling in the black market is more on involving with a big association. They are likely to want to avoid paying taxes.

I think one of the things that the illegal gambling would be is the anonymity of every users as these people would likely be gambling using big amount of money and privacy would be one the biggest factor of every gamblers there. For me, it's highly unlikely that each gamblers identity would known on these kinds of platform.

But also, even with high security on the privacy of every gamblers here and the thought that high rollers are involved on these will be the reason why they'll be targeted with hackers to identify them and their privacy be vulnerable to them.

I don't condone this kind of gambling but the main reason why high stakes and big rollers picked this way is to avoid tax and to avoid rules of government regulations on the legit gambling sites. I rather stick on the normal gambling way and continue rolling dice and playing games on the legit gambling sites such as FJ, Freebitco.in and Primedice than risking myself as I am already risking my funds when gambling.

[adzino]

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

Didn't even know gambling existed in the "black market" up until now. How do they even work? I mean, how do they even do the transactions? All cash and then launder it or something? I would say the government is to be blamed in this case. I have heard Britain was getting very strict with their gambling policies and laws recently which prompt more illegal casinos to pop up? Or maybe those illegal casinos are just trying to hide from taxes cause casinos are taxed very highly, at least over here. You know the more strict the government becomes, the more illegal stuffs starts to happen.

[Oceat]

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

Nah, never because you will encounter more dangerous people there than in traditional casino but if you have any acquaintance/friends who works from the inside that might be helpful for assurance but I would still never play there. Some people might play there because that's their hobby or they were just too addicted that it doesn't matter to them what would happen to them inside if they messed up.

I'd rather play with some of my friends, instead of playing with those people. You never know someone might do something to you after or outside the casino. Plus if the authority found out that place no one is safe to get outside unless if the casino has an exit ready something for like that.