Cryptocurrency Q&A
Are money games legal?
Are money games legal?
Rosalia
Wed Oct 30 2024
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6 answers
1540
I'm wondering if money games, where players compete for cash prizes, are considered legal activities. I'm interested in participating but want to ensure it's within the bounds of the law.
6 answers
Valentino
Fri Nov 01 2024
This section prohibits gambling, also commonly referred to as gaming, through the use of a "banking or percentage game."
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Stefano
Fri Nov 01 2024
A banking or percentage game typically involves a house or operator taking a cut or percentage of the stakes.
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Martina
Fri Nov 01 2024
Despite this ban, California residents are still allowed to engage in social poker games.
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EnchantedSoul
Fri Nov 01 2024
California has a specific regulation concerning gambling activities outlined in the California Penal Code § 330 PC.
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Riccardo
Fri Nov 01 2024
These social poker games and other similar activities are considered lawful as they do not fall under the prohibited category.
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