Winning, and avoiding taxes is obviously illegal... But what if you just gamble and lose.
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01-25-08 07:07 AM #1
Is gambling and losing money on off shore books legal?
175 pts3-QUESTION
SBR TRIVIA WINNER 05/17/20122143ptsTOP SPORTSBOOK
WINNER
05/26/2012
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01-25-08 10:19 AM #2
.
175 pts3-QUESTION
SBR TRIVIA WINNER 05/17/20122143ptsTOP SPORTSBOOK
WINNER
05/26/2012
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01-25-08 11:23 AM #3
Of course its legal to lose.
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01-25-08 12:02 PM #4
Gambling offshore is illegal
SBR Founder Join Date: 7/20/2005
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01-25-08 12:18 PM #5
even if you lose? what law are you breaking?
Originally Posted by jjgold
175 pts3-QUESTION
SBR TRIVIA WINNER 05/17/20122143ptsTOP SPORTSBOOK
WINNER
05/26/2012
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01-25-08 12:26 PM #6
There's no federal law against betting online (although it is illegal to run an internet gaming site).
Check your state law - many states have laws against internet gambling, or even normal gambling.
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01-25-08 12:56 PM #7
JJ
So how do you gamble if its illegal?
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