How does crypto gambling work? Do I get taxed for it or only if I convert it to usd.... I'm trying to figure out if it is worth creating a site for betting?
Crypto gambling
7 years ago by lincolnkelley (38)
$0.59
- Past Payouts $0.59
- - Author $0.57
- - Curators $0.02
17 votes
- + good-karma: $0.301 (0.5%)
- + roelandp: $0.233 (1%)
- + esteemapp: $0.013 (1%)
- + bitcoiner: $0.011 (0.5%)
- + feruz: $0.009 (1%)
- + swisswatcher: $0.006 (0.5%)
- + isteemit: $0.005 (0.05%)
- + lincolnkelley: $0.004 (100%)
- + meysam: $0.002 (0.25%)
- + darkflame: $0.001 (0.05%)
- + bounties: $0.001 (1%)
- + steempoll: $0.001 (1%)
- + demo: $0.001 (1%)
- + tipping: $0.001 (1%)
- + mysteem: $0.001 (1%)
- + linda-rose: $0.000 (0.05%)
- + thedoctor123: $0.000 (0.5%)
I would recommend reading this article published by NPR regarding legality of crypto based casino/gambling: http://www.npr.org/sections/alltechconsidered/2013/02/06/171182974/is-online-gambling-legal-if-bitcoins-not-dollars-are-at-stake
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit
That is old news man... Here in the U.S. online gambling is legal now! Check out sites like fanduel and draftkings, the only heat they receive is from the states...
Downvoting a post can decrease pending rewards and make it less visible. Common reasons:
Submit