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Never pay taxes on crypto. Thanks for posting to r/onlinegambling! If you are new here, please remember to read the rules in the sidebar. Don't forget to subscribe! Hi, I have won 60-70k worth of bitcoin this month from gambling on an online sportsbook. I started with 3k https://themythicimagination.org/community/profile/devinbladin7750/, a month ago and my bitcoin balance is now worth 60-70k. I am in the US and in CA, which does not allow https://watches.nerdhaunt.com/profile/lowellnesbit77/, sports betting from what I know. It is an anonymous sportsbook so they do not have my ID at all. I am planning to withdraw to coinbase and cash out. I am NOT trying to avoid taxes, I am just worried about having to prove where I got it from. Casinos took a leap into virtual gaming in the early 90rsquos when they created modern video slots. Video poker followed shortly after, and online gambling became mainstream in 2003 when Chris Moneymaker won the World Poker Tourmdashleading to the public believing anyone could become a poker millionaire. Online gambling is still a legal gray area in the United States, except for in New Jersey where online gambling is completely legal. Las Vegas also has legal online gambling, but only for certain gamesmdashmostly Poker.

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To buy Bitcoin, you’ll first need to make an account with an exchange where you can buy bitcoin dice website in Canada crypto with fiat currency, such as Coinbase. These exchanges let you buy Bitcoin and other cryptocurrencies, which you can then transfer to your favorite https://www.calefaccionchile.cl/community/profile/pearlineafs5293/, crypto gambling site! This site uses cookies to provide a better hodling experience. By continuing to use Live http://gorujam.com/community/profile/phillisdunlop95/ Coin Watch you agree to our cookies policy The gambling addict who spoke to NBC News said crypto casinos led him to relapse after he had previously stopped gambling. After identifying that he had a problem, he signed up for a service that allows people to pre-emptively block themselves from gambling at any registered casino or sportsbook. But he still watched gambling content online and through their promotions learned about crypto casinos as a workaround to the block. He then started legally buying cryptocurrency to feed his accounts.