Betting with bitcoin: Site lets Americans gamble on elections, sports with online-only currency
The digital currency bitcoin -- once used to facilitate online drug deals -- now appears to be enabling people to get around regulations banning online betting.
Predictious.com, a new company from Ireland, offers a "prediction market" that allows people to bet on everything from the U.S. presidential election to the Olympics and the Oscars. And it’s all made possible by bitcoins.
Labels: Bitcoins, Regulation, Technology
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