Melbourne Cup Punters Are Betting With Bitcoin, And There Is Nothing Anybody Can Do About It

Melbourne Cup Punters Are Betting With Bitcoin, And There Is Nothing Anybody Can Do About It

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Racing Victoria said it was but to approve any wagering operator to supply bitcoin betting. The Australian man, based mostly in south-east Asia, does however believe bitcoin and betting sites are a match made in heaven for fixers. Suspicious bets placed on unregulated offshore betting sites are already troublesome for Australian authorities to observe. Gambling with bitcoins is not allowed on Australian sites, but that does not mean Australian sports activities aren’t attracting interest on the worldwide cryptocurrency betting market. There are additionally questions over how efficient match-fixing laws might be in opposition to such activity being carried out through the bitcoin betting market.

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  • There are additionally questions over how effective match-fixing laws shall be against such exercise being carried out through the bitcoin betting market.
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The term “mirror betting” comes from the fact that users can mirror the bets of other bettors on the platform. Essentially, customers can flick thru an inventory of profitable bettors on the platform and choose to…

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