Let's say the local Bitcoin ATM is charging a 10% fee for turning crypto to cash, but two bookmakers (one crypto and one fiat) each offer the same sporting event, with roughly the same odds and a 5% margin.
Could I use the crypto bookmaker to cover the less likely outcome, the fiat bookmaker to cover the more likely outcome, watch the sporting event, (probably) lose the crypto and withdraw the cash, minus 5%?
Not to mention the sweet little bonuses both bookmakers would be vying to give me, nor the fact I could dodge taxes because "gambling winnings are tax-free"...
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