Is it legal to play poker online in Korea? This is one of the most common questions asked by non-Korean gamblers and poker players.
The importance of this problem for gambling addicts is self-evident. Poker Online is a gambling game that exists in addition to typical casino table games .
Is online poker and online gambling legal in Korea?
In Korea, it is illegal for companies to participate in, operate, or sell internet poker online or gambling. There are no legal internet casinos or websites in Korea. In Korea, free online poker gambling rules are very strict .
Many foreign companies and their influence are subject to many protectionist regulations in Korea. When it comes to moral policy, South Korea is a solid conservative. South Korea, for example, bans pornography of all kinds, as well as virtually all forms of Japanese media. 안전놀이터 This means you need a specific combination to play online poker online at Korea Evolution Casino.
foreign bank account
Credit and debit cards and bank transfers to all online gambling sites are completely prohibited. If you try it, you are wasting your time.
In South Korea, access to foreign ‘online wallets’ is severely restricted or banned, making the situation even more difficult. Even PayPal, the world’s most popular online wallet, operates separately in Korea and has some limitations. For example, you cannot pay with PayPal outside of Korea.
Other online wallets such as QIKI, Neteller, Skrill, etc. are also banned if linking to a Korean bank account.
Having a foreign bank account without these restrictions is one way to avoid this. It is completely legal to transfer money from your Korean bank account to a foreign bank account via any Pokerstars approved online wallet.
On the other hand, the impact of taxes is less clear. In conclusion, the funds must come from somewhere other than a bank account in Korea.
VPN
It depends on the site, but many times you need or want a VPN to play online poker in Korea. In South Korea, this is also how most individuals avoid porn bans.
cryptocurrency
Another option for making deposits on gambling sites is to use cryptocurrencies.
Personally, I think this is a bad idea. Pokerstar doesn’t accept cryptocurrency directly, so you’ll have to go through shady expensive brokerage sites.
Moreover, after the Bitcoin crash in 2018, South Korea began cracking down on foreigners tracking cryptocurrencies.
Know Your Customer (KYC) laws are very strict. As a foreigner, you cannot open a regular bank account in Korea. The days when you could deposit your money on a Korean cryptocurrency exchange and go directly to an online gambling casino with an online cryptocurrency wallet are over.
