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• Ms Ordway said present Australian laws weren’t set up to deal with match-fixing particularly involving cryptocurrency sites.

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Racing Victoria said it was but to approve any wagering operator to supply bitcoin betting. The Australian man, primarily based in south-east Asia, does nonetheless consider bitcoin and betting websites are a match made in heaven for fixers. Suspicious bets placed on unregulated offshore betting websites are already troublesome for Australian authorities to monitor. Gambling with bitcoins isn’t allowed on Australian websites, but that does not imply Australian sports activities aren’t attracting interest on the worldwide cryptocurrency betting market. There are additionally questions over how efficient match-fixing laws shall be against such activity being carried out through the bitcoin betting market.

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The term “mirror betting” comes from the reality that customers can mirror the bets of other bettors on the platform. Essentially, customers can browse through an inventory of profitable bettors on the platform and choose to…

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