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The time period “mirror betting” comes from the reality that customers can mirror the bets of different bettors on the platform. Essentially, customers can flick through a list of profitable bettors on the platform and choose to…
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- Ms Ordway stated present Australian legal guidelines were not set as much as cope with match-fixing specifically involving cryptocurrency sites.
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Racing Victoria stated 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 sites are a match made in heaven for fixers. Suspicious bets placed on unregulated offshore betting sites are already troublesome for Australian authorities to watch. Gambling with bitcoins just isn’t allowed on Australian websites, but that does not imply Australian sports activities aren’t attracting curiosity on the worldwide cryptocurrency betting market. There are also questions over how effective match-fixing laws might be against such activity being carried out through the bitcoin betting market.
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