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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 however consider bitcoin and betting websites are a match made in heaven for fixers. Suspicious bets positioned on unregulated offshore betting websites are already difficult for Australian authorities to watch. Gambling with bitcoins is not allowed on Australian sites, however that doesn’t imply Australian sports 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 by way of the bitcoin betting market.
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