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Racing Victoria stated it was but to approve any wagering operator to supply bitcoin betting. The Australian man, based mostly in south-east Asia, does however imagine 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 observe. Gambling with bitcoins just isn’t allowed on Australian sites, however that does not mean Australian sports aren’t attracting interest on the worldwide cryptocurrency betting market. There are additionally questions over how efficient match-fixing laws will be against such exercise being carried out through the bitcoin betting market.
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