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Bitcoin Forum > Economy > Marketplace > Gambling > Bitcoin gambling website - legal or illegal ???
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steadyeddie
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January 12, 2015, 03:19:17 PM
 #41
Onling gambling is illegal in the US, period. If someone wager value in a game of chance it is gambling. Just because it is Bitcoin doesn't mean it gets special treatment or is outside the law. You may argue that the illegal gambling act only applies to bank transfers and there are none in Bitcoin, I don't think this would hold up in a court. But I am not an expert.
The Bitcoin network protocol was designed to be extremely flexible. It can be used to create timed transactions, escrow transactions, multi-signature transactions, etc. The current features of the client only hint at what will be possible in the future.
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steadyeddie
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January 12, 2015, 03:20:31 PM
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Quote from: Bitcoin Betting Guide on January 12, 2015, 09:51:46 AM
... I recommend you mostly ignore them like all the best bitcoin gambling operators do. More detail here

And what exactly does the best bitcoin gambling operators do then?
Bitcoin Betting Guide
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January 12, 2015, 11:33:28 PM
 #43
Quote from: steadyeddie on January 12, 2015, 03:20:31 PM
Quote from: Bitcoin Betting Guide on January 12, 2015, 09:51:46 AM
... I recommend you mostly ignore them like all the best bitcoin gambling operators do. More detail here

And what exactly does the best bitcoin gambling operators do then?

Provide their services to everybody everywhere without asking for ID, just like it should be (and, unimportantly, against the law).
The world's best source of crypto gambling information. Helping bettors win crypto! https://bitedge.com
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