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

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

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Racing Victoria said it was but to approve any wagering operator to offer bitcoin betting. The Australian man, primarily based in south-east Asia, does however consider bitcoin and betting sites are a match made in heaven for fixers. Suspicious bets placed on unregulated offshore betting websites are already tough for Australian authorities to monitor. Gambling with bitcoins just isn’t allowed on Australian websites, but that doesn’t imply Australian sports activities aren’t attracting curiosity on the worldwide cryptocurrency betting market. There are additionally questions over how effective match-fixing legislation might be towards such activity being carried out through the bitcoin betting market.

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