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Racing Victoria stated it was but to approve any wagering operator to offer bitcoin betting. The Australian man, based mostly in south-east Asia, does nonetheless consider bitcoin and betting sites are a match made in heaven for fixers. Suspicious bets placed on unregulated offshore betting sites are already tough for Australian authorities to monitor. Gambling with bitcoins is not allowed on Australian websites, however that doesn't mean Australian sports aren't attracting interest on the worldwide cryptocurrency betting market. There are also questions over how effective match-fixing legislation might be against such exercise being carried out by way of the bitcoin betting market.
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