CrackedLogic
Legendary
 Offline
Activity: 1050
Merit: 1000
|
 |
January 06, 2015, 03:28:57 PM |
|
It sounds like a raffle to me, what's so illegal about it? Use escrow if you're actually going to be doing this.
|
 BUY GAMESWITHBTCITCOINFORDISCOUNTEDPRICES |
|
|
|
|
|
|
|
|
Advertised sites are not endorsed by the Bitcoin Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction.
|
|
|
sethminer14
Member
Offline
Activity: 98
Merit: 10
|
|
January 06, 2015, 04:11:21 PM |
|
Its hard to edge in on gambling websites. You have to attract customers from other websites. To do that, you have to be good
|
|
|
|
aurel57
Legendary
Offline
Activity: 1176
Merit: 1000
|
|
January 06, 2015, 04:33:08 PM |
|
The only way I see this working is escrow with a independent way to pick the winner that no way you could controll. I also think it would be better to have smaller buy in with a tier payout of maybe 3-5.
|
|
|
|
|
|
elephantas1
|
|
January 06, 2015, 06:04:46 PM |
|
The only way I see this working is escrow with a independent way to pick the winner that no way you could controll. I also think it would be better to have smaller buy in with a tier payout of maybe 3-5.
still no one would participate in such lottery as it has clear 10% house edge which is really impressive these days |
|
|
|
|
|
toddtervy
|
|
January 06, 2015, 06:07:06 PM |
|
Bitcoin isn't dollars, so I think it's legal. Good luck shutting all the sites down anyway.
|
Get off my c@ck !
|
|
|
|
elephantas1
|
|
January 06, 2015, 06:46:15 PM |
|
Bitcoin isn't dollars, so I think it's legal. Good luck shutting all the sites down anyway.
isnt bitcoin is legal currency in usa which doesnt allow to create casinos without licence with it? |
|
|
|
|
|
sase007
|
|
January 06, 2015, 06:47:20 PM |
|
If you dont scam them then it is ok, I guess
|
|
|
|
|
|
elephantas1
|
|
January 06, 2015, 06:49:40 PM |
|
If you dont scam them then it is ok, I guess
the point is that he talks about usa which i guess is the only country where people have problems with their bitcoin businesses |
|
|
|
|
|
sase007
|
|
January 06, 2015, 06:54:10 PM |
|
If you dont scam them then it is ok, I guess
the point is that he talks about usa which i guess is the only country where people have problems with their bitcoin businesses oh... it is not a problem if you live in the Czech Republic. In fact, we dont have to pay taxes(it is up to you, you may pay them, if you wish), if paying with bitcoin. Bitcoin is not considered as currency, so exchanging or paying(and receiving payment) with them is not a problem . |
|
|
|
|
|
elephantas1
|
|
January 06, 2015, 07:00:08 PM |
|
If you dont scam them then it is ok, I guess
the point is that he talks about usa which i guess is the only country where people have problems with their bitcoin businesses oh... it is not a problem if you live in the Czech Republic. In fact, we dont have to pay taxes(it is up to you, you may pay them, if you wish), if paying with bitcoin. Bitcoin is not considered as currency, so exchanging or paying(and receiving payment) with them is not a problem . yeah in my country there is the same strategy  i think only usa people have problems with it |
|
|
|
|
|
sase007
|
|
January 06, 2015, 07:03:05 PM |
|
If you dont scam them then it is ok, I guess
the point is that he talks about usa which i guess is the only country where people have problems with their bitcoin businesses oh... it is not a problem if you live in the Czech Republic. In fact, we dont have to pay taxes(it is up to you, you may pay them, if you wish), if paying with bitcoin. Bitcoin is not considered as currency, so exchanging or paying(and receiving payment) with them is not a problem . yeah in my country there is the same strategy i think only usa people have problems with it I do think so too... the main problem there is the goverment - they dont people to have money in other currency, because of $. And btc is also helping drug dealers etc. to anonymise their bussinesses. |
|
|
|
|
NUFCrichard
Legendary
Offline
Activity: 1218
Merit: 1003
|
|
January 06, 2015, 08:30:42 PM |
|
If you dont scam them then it is ok, I guess
the point is that he talks about usa which i guess is the only country where people have problems with their bitcoin businesses oh... it is not a problem if you live in the Czech Republic. In fact, we dont have to pay taxes(it is up to you, you may pay them, if you wish), if paying with bitcoin. Bitcoin is not considered as currency, so exchanging or paying(and receiving payment) with them is not a problem . yeah in my country there is the same strategy i think only usa people have problems with it I do think so too... the main problem there is the goverment - they dont people to have money in other currency, because of $. And btc is also helping drug dealers etc. to anonymise their bussinesses. But surely you can't use tokens to get around all gambling laws, otherwise casinos wouldn't need licences because people bet chips, not money, in them. |
|
|
|
|
|
toddtervy
|
|
January 07, 2015, 02:43:11 PM |
|
Bitcoin isn't dollars, so I think it's legal. Good luck shutting all the sites down anyway.
isnt bitcoin is legal currency in usa which doesnt allow to create casinos without licence with it? I don't believe it is, there's nothing you can use it to buy with. Maybe each casino can make their own 'play' money to exchange your BTC with also if that's a problem. |
Get off my c@ck !
|
|
|
|
ComboChris
|
|
January 09, 2015, 10:51:30 PM |
|
Bitcoin isn't dollars, so I think it's legal. Good luck shutting all the sites down anyway.
isnt bitcoin is legal currency in usa which doesnt allow to create casinos without licence with it? I'm not sure about US law in specific, but in most legislations, it doesn't matter whether bitcoin is a legal currency since you could sell it for dollars. With your logic, you could say Casino Jetons are not a legal currency therefore none of the IRL casinos need a license. In most legislations you could gamble with any random item and it would still be illegal which also does make sense from the legislator's view since the fact that somebody is gambling really has nothing to do with whether they are using a legal currency or not |
|
|
|
|
|
finlon
|
|
January 09, 2015, 11:40:42 PM |
|
If you dont scam them then it is ok, I guess
the point is that he talks about usa which i guess is the only country where people have problems with their bitcoin businesses oh... it is not a problem if you live in the Czech Republic. In fact, we dont have to pay taxes(it is up to you, you may pay them, if you wish), if paying with bitcoin. Bitcoin is not considered as currency, so exchanging or paying(and receiving payment) with them is not a problem . yeah in my country there is the same strategy i think only usa people have problems with it Sites are still allowed to operate in US, just that you shouldn't be there. As long as this happens you would be safe. |
|
|
|
|
sase007
|
|
January 11, 2015, 12:31:22 PM |
|
Cant you just create webside outside US and operate there?
|
|
|
|
|
Chemistry1988
Legendary
Offline
Activity: 1120
Merit: 1000
|
|
January 11, 2015, 01:09:10 PM |
|
I have no idea about that, but seriously you shouldn't ask for legal advice here on bitcointalk.
You don't know if those giving you advice and suggestions are professionals or are just making some wild guesses.
|
|
|
|
|
|
geoffreyqp
|
|
January 11, 2015, 03:59:00 PM |
|
Seems illegal. But probably wont matter unless you become really big.
Also to everybody in the thread calling him a noob and also those saying stuff about the game... Thats not what he was asking.
Who says he wouldnt use escrow and find a provably fair system. Also the example game was just an example.
The fact that he is asking if its legal or not before even starting, says something.
So many scammer police here
|
|
|
|
|
boumalo
Legendary
Offline
Activity: 1904
Merit: 1018
|
|
January 11, 2015, 07:15:56 PM |
|
I live in USA.
I want to create a Bitcoin gambling website on my domain name WinBitcoins.com
Some simple game like...
11 people send me .1 BTC each to play.
I pick one random winner and pay out 1 BTC and keep .1 BTC
Is this considered gambling and is it legal or illegal in USA?
You would need a licence that you will not get to make it legal. A 10% fee is huge for a Bitcoin casino. |
|
|
|
robotraker
Newbie
Offline
Activity: 1
Merit: 0
|
|
January 12, 2015, 06:41:59 AM |
|
not gonna work, it is illegal.
Besides, no body would trust you, you need online gambling license and become a trusted third party first.
|
|
|
|
|
|
