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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 nonetheless consider bitcoin and betting websites are a match made in heaven for fixers. Suspicious bets positioned on unregulated offshore betting websites are already tough for Australian authorities to monitor. Gambling with bitcoins isn’t allowed on Australian sites, however that does not mean Australian sports activities aren’t attracting curiosity on the worldwide cryptocurrency betting market. There are also questions over how effective match-fixing legislation shall be in opposition to such exercise being carried out through the bitcoin betting market.