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Racing Victoria mentioned it was yet to approve any wagering operator to offer bitcoin betting. The Australian man, primarily based in south-east Asia, does however believe bitcoin and betting sites are a match made in heaven for fixers. Suspicious bets placed on unregulated offshore betting sites are already troublesome for Australian authorities to observe. Gambling with bitcoins just isn’t allowed on Australian sites, however that doesn’t imply Australian sports activities aren’t attracting curiosity on the international cryptocurrency betting market. There are also questions over how efficient match-fixing legislation might be towards such activity being carried out via the bitcoin betting market.
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