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There can be little doubt that crypto-currencies like bitcoin have been good news for offshore gambling sites who can now make financial transactions with their players without the headache and expense of having to deal with U.S. banking institutions. Online gambling has also greatly benefited...

Once you get familiar with bitcoin it becomes as easy to use as PayPal or Skrill but there is an initial learning curve. The whole thing can feel a bit alien at first but it really is worth investing a little time to familiarise yourself with this new peer-to-peer payment technology. This is an...

The two Winklevoss twins have been busy trying to get their $COIN bitcoin ETF approved by the Standards and Exchange Commission (SEC) for the past three years. The SEC has been delaying making a decision on the BTC ETF and asking for further comment but the the final deadline of March 11th, 2017...

Russia is one of the biggest online gambling markets on the planet. Billions of dollars is spent every year by Russian citizens at online casinos, poker rooms and sportsbooks. Most of these billions flow to online gambling companions that are not based in Russia and who do not paytaxes. This...

These type of betting sites that offer 30 deposit options and 3 withdrawal options are a scam. If you deposit with one payment method, you would be able to withdraw the same way. They are hoping that you will not go to the hassle of processing a bank wire and just gamble away the rest of your money.

What happens if these gambling ICO's are based in Switzerland or anywhere outside the United States? Do the SEC rules still apply?

did we try this in the UK also? i recall there used to be a 7% betting duty charged on all bets in the UK but gordon brown scrapped it. if licensed gambing sites in sweden have to pay a 20% fee they will never be able to compete with off-shore btc betting operators.

I'm not a huge fan of bitcoin wallets that require KYC and AML but I agree that being able to send crypo-currencies as easily as you would send an emoji has to be a positive development for the ecosystem.

The gambling companies licensed out of Isle of Man like Paddy Power don't service U.S. citizens so adding bitcoin will be of limited use to most of them.

The government is appealing this ruling. Unless bitcoin is classified as money it will be a legal nightmare for them in upcoming cases where illegal good and services were being sold for btc.

Nitrogen Sports were offering some novelty bets during the presidential debate. Neither CloudBet or Nitrogen are offering lines on a winner of the election but maybe they will appear closer to voting day. Bovada, who now accept btc, do have a "Politics" betting section that offers lines on the...

I wonder how these gambling sites are coping with the recent btc price fluctuations? The price of bitcoin can deviate by a $100 dollars in just a few hours.

I've never heard about these guys which is a little worrisome. Plus their websites looks like something that was designed in the 90's so I'd be careful about using this service. I don't see the need to have a specific "bitcoin gambling wallet" when wallets like Bread, Mycelium and...

If each Pokemon was worth a little bit of bitcoin then that is a game I would download. Wouldn't it be deemed online gambling though if you had to deposit money to play?

I don't think OneCoin is openly traded (and it never will be) so gambling operators should be stuck holding this shitcoin if they accepted it. If you see OneCoin being accepted at any poker room or sportsbook you should run a mile.

can someone please explain what an ICO is? i recently read some crypto-wallet raised $150 million via an ICO?

Yes, this is a big worry for anyone that has invested in bitcoin as a store of value. Most bitcoiners worry about bitcoin getting banned by the U.S. or Chinese governments but the real threat to bitcoin might actually be the community being unable to agree and eventually splitting. If there are...

For most online gamblers I think the big problem is buying bitcoin. By the time the sportsbook or poker room has finished with you, you usually don't have a lot to sell This is a positive development. It's only a matter of time before we will be able to buy BTC from our PayPal wallets.

the country is run my crazy right wing fundamentalists so i'm not surprised they're coming down hard on any kind of vice.

I've been scratching my head about this for a while. I see very little difference between what someone like Auger does and what CloudBet or Nitrogen Sports. You are basically taking a position on the outcome of a certain event. With prediction markets you are predicting that the Denver Broncos...