Help me out /biz/.
Don't know if this is the right thread to post this but because it's related to bitcoins i hope to get sound answers.
So I want to bet on esport matches (csgo actually) because i know the game verywell and think i have an edge big enough to make profits.
Problem is that betting on esport matches is forbidden in France and in a lot of other countries in the western world.
Thing is, on many of those websites you can bet with bitcoins and if you do so they wont ask you any kind of ID ( though they still have access to my ip etc.).
If i buy bitcoins on let's say Kraken, then use it to make bets on those said sites, is there any legal risk for me?
The main feature of bitcoin is that the transactions are anonymous isn'it?
If i then turn my profits back into €, will my bank ask me how i ended up with this money?
I am an engineering student in my last year, i can't just run to Malta (yet).
Also do you think it is a good period of time to buy bitcoins or should i wait?
don't use banks when you cash out. use localbitcoins and meet up in an alley with ahmed. good luck
"Prediction markets" are given leniency in some countries because of their scientific value. Americans could legally bet on the presidential election in a prediction market.
Please tell me, whats so great about malta?