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Racing Victoria said it was but to approve any wagering operator to supply bitcoin betting. The Australian man, primarily based in south-east Asia, does nevertheless imagine bitcoin and betting websites are a match made in heaven for fixers. Suspicious bets positioned on unregulated offshore betting websites are already troublesome for Australian authorities to monitor. Gambling with bitcoins is not allowed on Australian sites, but that does not imply Australian sports aren’t attracting interest on the international cryptocurrency betting market. There are also questions over how effective match-fixing legislation might be in opposition to such exercise being carried out through the bitcoin betting market.

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

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