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Racing Victoria stated 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 websites are a match made in heaven for fixers. Suspicious bets placed on unregulated offshore betting sites are already tough for Australian authorities to observe. Gambling with bitcoins isn’t allowed on Australian websites, but that doesn’t mean Australian sports aren’t attracting curiosity on the worldwide cryptocurrency betting market. There are additionally questions over how efficient match-fixing laws shall be against such activity being carried out by way of the bitcoin betting market.

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The term “mirror betting” comes from the fact that users can mirror the bets of different bettors on the platform. Essentially, users can flick thru a list of profitable bettors on the platform and select to…

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