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- Ms Ordway mentioned current Australian legal guidelines weren’t set up to cope with match-fixing particularly involving cryptocurrency websites.
Racing Victoria mentioned it was yet to approve any wagering operator to offer bitcoin betting. The Australian man, based mostly 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 sites are already difficult for Australian authorities to monitor. Gambling with bitcoins isn’t allowed on Australian sites, however that does not imply Australian sports aren’t attracting interest on the worldwide cryptocurrency betting market. There are also questions over how effective match-fixing legislation might be in opposition to such activity being carried out by way of the bitcoin betting market.
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The time period “mirror betting” comes from the fact that customers can mirror the bets of other bettors on the platform. Essentially, customers can flick thru an inventory of successful bettors on the platform and choose to…
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