Why Crypto Gambling Is Popular

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What this implies is that the only payment options offered are cryptocurrencies. In a bid to ensure that bettors have a streak of payment options to pick from, 1xBit offers over 40 cryptocurrencies that can be explored. It would suffice to also add that these payment methods are constantly updated to bring in new cryptocurrencies.

We will use real-life examples to give you the best possible overview. 22bet also offers a 100% welcome bonus of up to N50,000 to its users. 22bet, which has a similar website to Melbet, provides customers with the ability to place live bets against other users. The live broadcast allows users to watch sporting events unfold in front of their eyes via webcams installed in various locations worldwide.

  • Because of that, we want to give you something exclusive, something that you will not get anywhere else.
  • It is on 1xBit that players will be able to implement their gaming strategy and win good money.
  • A multibet is a popular bet with many who bet on sports because it allows them to bet on the outcome of multiple matches throughout a day or week.
  • Players can take advantage of the highest odds on the market and place pre-match or live bets for 40 different sports.

It also needs to be secure and legal, with adequate protection against fraud. Cloudbet also offers a generous welcome bonus and ongoing promotions for their players. With a license from the government of Montenegro, Cloudbet ensures safe and fair gaming. They have a large selection of games from top software providers and offer fast and easy withdrawals.

As we move into 2024, this trend shows no signs of slowing down, with more Nigerian bettors turning to crypto betting sites for their wagering needs. In the realm of online sports betting, 1xBit shines as a formidable platform, catering to bettors from all corners of the world. The mobile app for android and ios was recently launched to give its users more convenience.

With regular promotions, you will be offered crypto prizes for playing slots or live dealer games of the particular providers. Despite these uncertainties, many experts believe that crypto will continue to influence the future of sports betting. Many countries have embraced this innovative form of payment and are actively working on regulations to ensure the safety of crypto transactions within their jurisdictions.

Even though many offer this option, the quality of the service you receive may drastically differ. Cryptocurrency transactions, at times, may involve pretty large fees or if you aren’t experienced may fail causing you to lose your funds. 1xBet supports an incredibly wide range of payment solutions, starting with local Nigerian banks and payment gateways all the way to crypto and PerfectMoney. All of the above means that Naira (₦) is the main currency for depositing, betting and withdrawing your winnings. This platform supports fast deposits and withdrawals, giving you access to your money as soon as a transaction is confirmed on the blockchain. 1xBit doesn’t charge its players any transaction or withdrawal fees.

Store your virtual assets, use it for betting and withdraw to other wallets. It is also worth mentioning that they are one of the oldest crypto betting brands in the industry – they went all in on crypto way back when nobody believed in it. Cryptocurrency has been a hot topic for many years now and blockchain technologies are being adopted in more industries than ever before. As you may have seen already, there are a lot of sport betting sites that accept Bitcoin in Nigeria.

First of all, they have a valid Nigerian license issued by the Oyo State Gaming Board. This means that they are operating in accordance with local rules and regulations and that your personal information and funds will be protected by Nigerian laws. One of the best things about BetBonanza in our estimation are their promo offers. Unlike most bookmakers, BetBonanza are constantly switching things up. They remove some offers, add new ones, update existing ones, so it’s never boring or monotonous.

Among the betting sites in Nigeria, this one is often referred to as one of the best places to bet online. Its features, promotions, and exclusive offers will make it your go-to destination. You can bet on any sports of your choice, from local games to international matches; they are all at your fingertips when you are on 1xBit. You also enjoy casino games like slots, live dealers and an immersive virtual reality experience. Here are a few of these online betting sites that don’t require age verification. As a new player, you will be given a 100% bonus up to ₦100,000 for your very first deposit.

STAKEGAINS is the best free football predictions website & with the most accurate soccer predictions in the world. We help soccer lovers who want to get more than just being a fan make great earnings from our evergreen predictions. All new members on 1xBit are eligible to get up to 7 BTC as a welcome bonus for the first four deposits. Regarding registration, you only need an email address to register. Hence, your transactions will remain anonymous and your privacy secured. Your privacy is even more secure because some crypto transactions are not directly linked to your personally identifiable information; it is completely anonymous.

You can use regular currency and bank transfers, as well as over 20 different cryptos. Cloudbet is another crypto-only betting site that has gained popularity in the Nigerian betting community over the last couple of years. We believe that happened mainly because of how user-friendly they are, even if you are a complete crypto novice – you are covered.

Moreover, convenient work is ensured both when using a PC and a mobile phone. Here, forecasts are accepted not only on popular outcomes of confrontations, but also on really specific ones, which opens up wide opportunities for ordinary bettors. An additional advantage of cooperation with professionals is the increased rates for these outcomes.

You are at the mercy of Bitcoin’s volatile market; therefore, you should always take extra care when using it to bet. However, you must deposit at least 0.001 BTC to activate this offer. As the name suggests, you can only make deposits and withdrawals via crypto.

Nevertheless, 1xBit has been audited and is one of the most trusted crypto sportsbooks you can find. If you have already used up the welcome offer or if you aren’t planning to do that – there are some other offers you might be interested in. Things like bet insurances, jackpots, loyalty points and daily bets, all of which we will talk about now.

As the fastest and leading crypto sportsbook, 1xBit is passionate about rewarding players’ efforts in an exciting fashion. The platform provides its users with numerous benefits to maximize the crypto gambling space. Crypto gambling inherits this advantage because every transaction is processed through blockchain – an trusted system. Traditional betting sites which accept debit cards and fiat transactions lack this security feature. Non-crypto gambling sites are also prone to human-made errors like cyber intrusion and may cause you to lose money.

As a result of that, we are glad to tell you that we had absolutely no issues using the website on any of the mentioned devices. 1xBit did a great job at making their website as mobile-friendly as possible. They also have Android and iOS apps, let’s take a closer look at all of this below. – Finally, from 1 July 2024, the same configuration will apply but is limited to a maximum of six professionals.

Bit: The Pinnacle of Online Betting – A Comprehensive Review

As such they offer very high odds that give you a chance to win big when betting. Paul Echere– a life-long sports fan with a career in the betting industry. Paul has worked with many betting operators and platform providers since the very early days of iGaming.

Australia’s Spot Bitcoin Exchange-Traded Funds, South Africa’s Crypto Policy

Cryptocurrency Exchanges in Nigeria have over 2100+ cryptocurrencies, trusted historical data, details of active, upcoming and finished ICOs.

Founded in 2009 by Akin Alabi, Nairabet is one of the oldest betting sites in Nigeria. The site features all the popular sports including soccer, tennis, basketball, boxing, and more. Users can place bets on sports events, play bingo, and use multiple other betting options.

With this in mind, Merrybet has all the major events covered, including European football leagues, tennis highlights, horse racing, etc. They’ll only receive the best offers, so there’s no chance of them being outbid by other punters. Nowadays, we can now find best online casinos that payout as well as online betting sites that won’t ask you for your age verification before/after players gamble. The platform is equipped with a huge sportsbook offer that includes all the world’s most entertaining sports and casino games from the best designers in the gaming industry. In addition, you will discover excellent promotions and benefits for players and a wide variety of payment options to pick from.

This is the last step, so once you are done with this step – you are ready to roll. This is one of the top betting companies in Nigeria as well as one of the most competitive betting sites in the country. Sporty bet is quite large, especially in the African region, as it is available in additional African countries; Tanzania, Ghana,  Zambia,  Uganda, and  Kenya. Today, mining is becoming increasingly difficult, so considering these circumstances betting with our company is a profitable and easy way to multiply your assets. Sometimes, you might find it difficult to stop using a betting strategy, especially if you took your time to come up with it.

You can buy and store over 30 different coins and tokens in your Cloudbet account, all popular and on-demand currencies are also being added regularly. This is always a tough question to answer and each one of you will need to find the best betting site for yourself, based on what you are interested in. Having that in mind, we are going to split our answer into several extensive sections.

The first-place winner in the Supporters’ tickets prize draw goes home with 10 mBTC while the first place winner in the Play-off tickets prize draw will win 250 mBTC. The Individual match ticket prize draw has 1 winner per place, with the 1st place winner going home with 500 mBTC. The Supporter tickets prize draw has 32 winners per place with the 1st place winners emerging with 10 mBTC. Finally, the Play-off tickets prize draw has 1 winner per place with the 1st place winner emerging with 250 mBTC. The two best places where people from Nigeria can get crypto are Nairaex and Bitpesa. These are obviously not the only places, just the ones we can personally recommend.

Megapari isn’t a new betting brand, they’ve been around for a considerable amount of time. However, they haven’t ever properly established themselves as a Nigerian sportsbook until mid-2023. Now, all players from Nigeria have an option to use Naira as the main account currency and you can also make deposits and request withdrawals directly to your bank account. Additionally, you can choose between several popular electronic wallets and local payment gateways.

With the rising cryptocurrency adoption, online gambling has blossomed thanks to non-fiat benefits. Use the exclusive 1xBit promo code “100NGN” to unlock special bonuses and promotions, enhancing your betting experience from the outset. As we already said above, BetBonanza have been operating in Nigeria for almost a decade and they were able to build a trustworthy reputation in the local betting community. Sadly, not all local betting brands play a fair game – there are instances where players are mistreated. We haven’t seen any proven claims of unethical behavior that would relate to BetBonanza and that actually means something.

Join the professionals right now to evaluate all the advantages of cryptocurrencies and to bring your savings to a new level. Visit their website, complete the registration form, and you’re set to start your betting journey. For example, you can easily watch all live game streams, play all bonus mini-games and access all additional content like game trackers and score centers. The app is available only for Android devices, so if you are an iPhone owner, you can stick with the mobile website. Regardless of whichever one you end up using – you will have access to absolutely all features that the desktop website has.

Among the most popular options, there are, of course, Bitcoin, Ethereum, Litecoin, XRP, USDT, Dogecoin, and many others. It is common practice for bettors to check across different betting platforms to see the one that offers the highest odds. This is one key factor that determines where they place their bets.

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Betway Nigeria has a superb bonus system that offers a wide range of opportunities. Including casino games, live betting, casino games, slots, and bonuses on all products. Betway Nigeria offers a variety of sports products such as football betting (UEFA Champions League, English Premier League, and German Bundesliga). Additionally; tennis (Paris Masters ATP 500 and WTA Finals), cricket (Natwest T20 Blast and BBL), F1, rugby (Six Nations Championship), basketball (NBA) and hockey (NHL). Cloudbet is a well-established online casino and sportsbook that offers a wide range of betting options.

The underlying technology that operates cryptocurrency is blockchain. Blockchain technology is a highly encrypted network that is theoretically impossible to hack. Crypto gambling gives you more choice over handling your earnings and sorting immediate needs because transactions are extremely fast. This is achieved because they have been developed by expert studios, who have years of experience in developing this kind of forms of entertainment.

1xBit is another Nigerian betting platform that accepts Bitcoin and other virtual currencies. Actually, you can use more than 40 different cryptocurrencies to deposit and withdraw. And the best thing is that 1xBit offers you an option to purchase crypto directly from your player account via various exchanges.

Having the above in mind – Nigerian bookmakers are often not in any way worse (and sometimes even better) than some international betting brands. Especially if you consider how easy it is to make payments using Nigerian banks. We decided to bring up the registration process because of how easy Couldbet made it. You can set up a new account and be ready to start betting in just under 1 minute. New accounts can be created using your social media profiles (Google or Facebook) or your GitHub profile if you have one.

The site is interesting from a UX perspective because it combines functionality from an online sportsbook and a payment processing service into a very minimalist experience. The platform is optimized for both desktop and smartphone applications, allowing bettors access to the betting functions anytime and any day. It is important to go for reputable betting sites that will give you enough opportunity to win big. At the same time, provide a https://1xbetapp-download.org/ service that allows for easy access and convenience. There is nothing more frustrating than betting at a site that has too many glitches.

Participating in 1xBit’s Ticket Rush is all you need to have a fun World Cup experience. This tournament offers you the avenue to stay on top of the game, enjoying fascinating matches and securing impressive prizes. There is nothing special you need to do in order to claim the welcome bonus – your deposit just has to meet the set requirement.

This makes it easier than ever for sports enthusiasts to bet on the outcome of various athletic competitions. The professionals always offer the most interesting options of cooperation. Among them, you will definitely find those that you understand well. Football, basketball, tennis, boxing, hockey — all these and much more are available here in full. Crypto currencies have quickly broken into our lives, and today they are actively used throughout the world. Sports betting is no exception; at this website it is easy to find the competitions which will help you to win and increase your stock of Bitcoins.

They specialize in cryptocurrency transactions and offer high betting limits for both casino and sportsbook customers. The site features a user-friendly interface and provides 24/7 customer support. This platform is mostly known for its anonymity, so you won’t have to worry about providing documents you don’t wish to provide. BetOnline.ag is an online gambling site that offers a wide range of betting options, including sports betting, casino games, poker, and horse racing. Established in 2004, it has become one of the most reputable and reliable online gambling destinations, particularly for US players. This platform is known for not requiring any documents, but on occasions, you might be asked to provide proof of address.

All of them are going to be listed below, so feel free to navigate to the one that you would like to know more about. The information here is updated in real time, which opens up broad prospects for ordinary users. Together with us, you can follow the development of events in a convenient format and convert your knowledge into profit. A multibet is a popular bet with many who bet on sports because it allows them to bet on the outcome of multiple matches throughout a day or week. There are many different types of bets you can place including a single, double, treble four-fold and multibet.