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Author Topic: Gambling  (Read 964 times)
Joe200
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July 16, 2012, 07:11:54 PM
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...
Each block is stacked on top of the previous one. Adding another block to the top makes all lower blocks more difficult to remove: there is more "weight" above each block. A transaction in a block 6 blocks deep (6 confirmations) will be very difficult to remove.
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Explodicle
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July 16, 2012, 07:54:49 PM
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From what country/province/state do you intend to operate the site?

IIRC there haven't been any rulings on Bitcoin in particular, but you should probably treat it like fiat money to be safe. So if you can't start a dollar/Euro gambling site where you live, you can't start a Bitcoin one either.
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July 16, 2012, 08:43:17 PM
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Is there a website / document that explains all the details?

http://en.wikipedia.org/wiki/Online_gambling#Legality

For more specific information, you need to narrow it down to a country.
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July 16, 2012, 11:05:26 PM
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Where are safe and legal places for me to start a gambling site? And what restrictions would there be. I've heard I'm not allowed to take bets from the US. But I don't know the details. Is there a website / document that explains all the details?


Online gambling is not safe from an operator's perspective - you will be targeted by criminals and by law enforcement from various nations.

Try a google search for "online poker arrest".

There are a lot of adjectives that could be used to describe the operation of an online gambling site, but "safe" is absolutely not on that list.
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