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 yet to approve any wagering operator to supply bitcoin betting. The Australian man, based in south-east Asia, does nevertheless consider 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 watch. Gambling with bitcoins just isn’t allowed on Australian websites, however that does not mean Australian sports activities aren’t attracting curiosity on the worldwide cryptocurrency betting market. There are also questions over how effective match-fixing legislation shall be towards such exercise being carried out by way of the bitcoin betting market.

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