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The time period “mirror betting” comes from the truth that customers can mirror the bets of other bettors on the platform. Essentially, users can browse through a list of successful bettors on the platform and select to…
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- “As the use of bitcoins and different cryptocurrencies in sports activities betting becomes more prevalent, then the risk of match-fixing is heightened,” mentioned sports lawyer and academic Catherine Ordway.
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Racing Victoria stated it was yet to approve any wagering operator to supply bitcoin betting. The Australian man, based in south-east Asia, does nevertheless consider bitcoin and betting sites are a match made in heaven for fixers. Suspicious bets placed on unregulated offshore betting websites are already tough for Australian authorities to watch. Gambling with bitcoins is not allowed on Australian websites, however that does not imply Australian sports activities aren’t attracting curiosity on the international cryptocurrency betting market. There are also questions over how effective match-fixing laws will be against such activity being carried out via the bitcoin betting market.
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