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I have often thought about trying to build something similar to this for a while using either Bitcoin or Ethereum. Although I have been discouraged by laws agai

by CoryG89 10y ago

I have often thought about trying to build something similar to this for a while using either Bitcoin or Ethereum. Although I have been discouraged by laws against online gambling in most US states. Does anyone know if this sidesteps gambling laws somehow? Or is this based in a jurisdiction that doesn't have laws against online gambling?

Kiro 10y ago
I don't know about the laws in the US but in Sweden it's not classified as gambling if it's skill based.
- openasocket 10y ago
  It is the same in the US. In fact, that's how fantasy sports sites can operate legally in the US.
  - CoryG89 10y ago
    I'm not sure I understand how fantasy sports sites or anything like that are anymore "skill-based" than say poker or blackjack, I guess those are legal under this definition as well?
sibwijjs 10y ago
Wow, try to contribute to the community and my comment shows up auto dead. HN mods certainly know how to silence those they hate usgovatgug 4 minutes ago [dead] [-] I was involved in exploring using Bitcoin in online tournament payouts for various arcade games and board games and spoke with an experienced lawyer. The US is a patchwork of state laws on gambling, payout structures, differing definition of game, chance, whether it is a lottery, whether it's considered fair, etc etc, the conditions are a dense briar and at any time any attroney general of any of the states can decide you're in violation of state law and ruin your life. Be extremely careful, do not attach your real name to this project, or be sure to never step foot in the US, the laws this is violating can easily land you in prison for decades.
dihibbvd 10y ago
Wow, try to contribute to the community and my comment shows up auto dead. HN mods certainly know how to silence those they hate usgovatgug 4 minutes ago [dead] [-] I was involved in exploring using Bitcoin in online tournament payouts for various arcade games and board games and spoke with an experienced lawyer. The US is a patchwork of state laws on gambling, payout structures, differing definition of game, chance, whether it is a lottery, whether it's considered fair, etc etc, the conditions are a dense briar and at any time any attroney general of any of the states can decide you're in violation of state law and ruin your life. Be extremely careful, do not attach your real name to this project, or be sure to never step foot in the US, the laws this is violating can easily land you in prison for decades.

by CoryG89 10y ago

Kiro 10y ago

I don't know about the laws in the US but in Sweden it's not classified as gambling if it's skill based.

openasocket 10y ago
It is the same in the US. In fact, that's how fantasy sports sites can operate legally in the US.
- CoryG89 10y ago
  I'm not sure I understand how fantasy sports sites or anything like that are anymore "skill-based" than say poker or blackjack, I guess those are legal under this definition as well?

sibwijjs 10y ago

Wow, try to contribute to the community and my comment shows up auto dead. HN mods certainly know how to silence those they hate usgovatgug 4 minutes ago [dead] [-] I was involved in exploring using Bitcoin in online tournament payouts for various arcade games and board games and spoke with an experienced lawyer. The US is a patchwork of state laws on gambling, payout structures, differing definition of game, chance, whether it is a lottery, whether it's considered fair, etc etc, the conditions are a dense briar and at any time any attroney general of any of the states can decide you're in violation of state law and ruin your life. Be extremely careful, do not attach your real name to this project, or be sure to never step foot in the US, the laws this is violating can easily land you in prison for decades.

dihibbvd 10y ago