Questions tagged [bet on games of chance]

CryptoBaron Tue Jul 09 2024 | 7 answers 1779

Could you elaborate on the feasibility of placing bets on online games of chance using Bitcoin? I'm curious to know if this practice is widely accepted and if there are any specific platforms or services that facilitate such transactions. Additionally, I'd like to understand the legal implications of this activity, especially in different jurisdictions. Finally, I'm interested in learning about the potential risks involved, such as security concerns or the volatility of Bitcoin's value, and how bettors can mitigate these risks.