3 Reasons For The Rising Popularity Of Online Sports Betting
Content
1xBit has quite an impressive new player welcome offer if you look at it from a monetary perspective. In order to activate each one of the four available bonuses, you have to deposit 1 mBTC or more – this is equal to ~₦18,000. This is quite a lot and we are aware that not all players will be able to afford it, however Bitcoin is volatile and the equivalent Naira value might change over time. Betting is a very popular way not only to have a good time, but also to win good money.
- The casino holds a license from the Panama Gaming Control Board, which ensures that it operates with fairness and transparency.
- Not everyone can afford placing bigger bets and some of us only bet for fun, hence don’t need to place large bets at all.
- These inherent merits reduce operational costs for the crypto gambling sites enabling them to be able to increase their odds and still maintain profits.
- They specialize in cryptocurrency transactions and offer high betting limits for both casino and sportsbook customers.
1xBit has a massive selection of sports betting options, including popular sports such as football, basketball, tennis, and esports. The casino section features games from top providers, with over 5,000 slots and various table games like blackjack, roulette, and baccarat. 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.
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. 1xBet is one of the most recognized betting brands in the world, even people who are not into sports or betting have heard about them.
The next thing you might want to pay attention to is the minimum odds requirement. If a bookmaker wants you to wager your bonus money with unreasonably high odds, that means they want you to lose that money. We’ve taken a look at the average industry accepted requirements and summarized them for you. Mobile optimization is extremely important, most of us access the internet using our smartphones. Having that in mind, it comes as no surprise that you would also want to use your phone to place bets.
1xBit allows you to use your virtual assets to fuel your sports betting hobby. You don’t need to give anyone a share or pay any extra taxes that don’t make sense – your money belongs to you. 1xBit is one of the best Nigerian betting sites that accept bitcoin and other cryptos, they have a lot of options for you to fund your account and withdraw your winnings.
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. Store your virtual assets, use it for betting and withdraw to other wallets.
Bet Of The Day Tips, Sunday 6th May 2018
As you may have already guessed – they have an impressive football betting section. Well designed interface and the detailed line of events make it easy to find exactly what you know best. 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.
Betting Sites That Accept Bitcoin in Nigeria
Finally, we believe it is important to mention the technical side of things. The Android app and the mobile website are built in a way that maximally utilizes your device’s caching capability. Such an approach significantly reduces loading times (even with slower connections) and also reduces overall network usage. Finally, we thought it might be useful to tell you about their cashback system.
With regular promotions, you will be offered crypto prizes for playing slots or live dealer games of the particular providers. The Live Casino category is packed with live dealer games featuring attractive hostesses and croupiers. Baccarat, Poker, Roulette, and Blackjack are just a tiny part of the 200+ live casino games offered by 1xBit. Players can take advantage of the highest odds on the market and place pre-match or live bets for 40 different sports. Make your predictions on the English Premier League, the Champions League, or the NBA.
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. 1xBit is widely recognized as one of the best crypto betting sites in the industry. You can bet on anything from football match winners and outrights to basketball spreads, UFC fights, motorsports, and more.
There is no reason to doubt why a crypto betting site should have better odds than betting sites that accept fiat currencies. The reasons are simple, as stated earlier, cryptocurrency is automated and has no middlemen. These inherent merits reduce operational costs for the crypto gambling sites enabling them to be able to increase their odds and still maintain profits. It is no secret that banks do not operate during out-of-work hours and on the weekends, but cryptocurrency offers a 24/7 service.
You will get a 30% increase to the base welcome offer and some additional bonuses along the way. Thanks to 1xBit bitcoin bet, it’s easy to make them one of the main sources of your income. As with anything you sign up for, you want to make sure that you are getting what you signed up for.
Bit: The Pinnacle of Online Betting – A Comprehensive Review
The casino offers attractive bonuses and promotions to both new and existing players, making it a popular choice among online gambling enthusiasts. Cloudbet is a well-established online casino and sportsbook that offers a wide range of betting options. 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. Being fully in charge of your own money is becoming increasingly popular and cryptocurrency is one of the best ways to achieve that.
It is owned and operated by the same company that runs BetOnline, which is a reputable and well-known name in the online gambling industry. 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.
Cryptocurrencies have become a part of our everyday life so rapidly, that many people even didn’t notice how it happened. However, it’s important to note that it’s more difficult to earn encrypted units now. One of the simplest and most expedient ways to do this is the cooperation with the reliable bookmaker 1xbit. The ruling by the FIFA players’ status chamber added that the NFF would be sanctioned if Rohr was not paid in full within 45 days.
Things like bet insurances, jackpots, loyalty points and daily bets, all of which we will talk about now. The new player offer consists of four separate bonuses, which all together can potentially add up to 7 BTC. Even though most of us likely can’t afford to get the maximum out of this offer, it is still possible to make good use of it.
ACCEPTED PAYMENT METHODS
Having said that, you will be able to use any local bank account to top up your player wallet or withdraw your winnings. Just make sure that the name on your player profile exactly matches the name on your bank account. Bangbet has a mobile app, which you can download on their official website, when you access it from your phone. The app gives you access to the same features as the mobile website, with the only difference that it uses less traffic and loads quicker. Also, app users may occasionally get various presents like free bets and deposit bonuses. Integrating all of the above payment options to fit the local betting landscape is not the only thing Megapari are noteworthy for.
First off, we would like to tell you about the mobile website, we understand that not everyone can or is willing to download and install applications. We tested the mobile website with a number of different devices, two older Android and iOS phones and a relatively new Samsung smartphone. 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.
SUPPORT
Read unbiased bookmaker reviews on the biggest bookmakers operating in Nigeria. 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. The way 1xBit built their mobile website almost https://1xbet-mobile.xyz/ guarantees short loading time and low traffic usage. Your browser will cache those interface elements, so they will not have to be loaded over and over again every time you move to a different page. The minimum amount you can withdraw is around ₦2,000, when converted.
If you want, you can, of course, go with the “classic” registration form, where you need to verify your email address. Even in that case the entire process will take only around 3 minutes to complete. Even though Paripesa is an international betting brand, they successfully integrated all popular local payment providers. This means that you can make payments and request withdrawals using any Nigerian bank or payment gateway. You can also use Naira (₦) as your main account currency, so there will be no hidden exchange fees at any point. We decided it makes sense to start with football – that is the most popular local sport and the sport most of you are going to bet on.
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. There is no single minimum withdrawal limit, it generally depends on the crypto you are using. The crypto space is not as regulated as other industries are, so most such brands operate in a slightly different way. Nevertheless, 1xBit has been audited and is one of the most trusted crypto sportsbooks you can find. 1xBit did a great job at making their website as mobile-friendly as possible.
Do not fixate on one method of betting, as there are numerous other ways. Diversifying your betting strategy is a smart way to hedge your risks. Some of the other options to consider include double chance, both teams to score, draw no bet, over/under goals, live betting, among others. In the future, we can expect the appearance of more entertainments that create an atmosphere of visiting the real casino. Join the professionals right now to evaluate all the advantages of cryptocurrencies and to bring your savings to a new level.
Despite having a strong start in the industry, not everything went as planned and BetPay had to stop taking bets. With multiple prizes for all participants, you can book your tickets to the big rewards with a bit of luck. Betting on the top football leagues is always exciting, but with 1xBit’s Super Six tournament, it gets even better. 1xBit has created Ticket Rush with numerous fanciful prizes that could change your entire gambling experience. With multiple prize draws designed to select many winners, you have a chance at winning big. In that case, you will love to hear that 1xBit provides its customers with numerous live markets for goals, bookings, Asian Handicaps, etc.
The singular notion of decentralization made crypto attractive to users. The implication of decentralization is when you deposit Solana on a crypto betting website; your funds are sent from your wallet directly to the site’s wallet address. This interaction removes the need for the government or banks to monitor your activities because they are not involved. People seek out no-verification betting sites mostly because they want to make a quick bet on a platform without having to upload several documents to a website.
They are user-friendly and don’t have any hidden fees, so even if you are new to crypto – you shouldn’t have any difficulties here. 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. Cloudbet’s focus on cryptocurrency and high betting limits makes it an attractive option for high rollers and those looking for a unique betting experience.
Helabet is a locally licensed sportsbook with a ₦100,000 welcome offer for Nigerians. 1xBet offer a sweet ₦100,000 welcome bonus to all new players from Nigeria. If the wagering requirement is too high you are likely to lose all your bonus money by the time you fully wager it, so as you can see this is one of the key factors here. There has been a constant rise in the number of players who prefer to gamble anonymously.
However, you have to remind yourself that no single strategy will always work in the betting scene. The approach proposed by ODUWA should provide benefits way beyond the platform. The concept can stabilize the crypto market by limiting the volatility that has to a great extent crippled its growth. And the best part for investors is that at present, the platform has no competitors. Once all conditions are stipulated, and payment is made, a smart contract is automatically triggered.
Especially if you consider how easy it is to make payments using Nigerian banks. If you feel like giving 1xBet a chance, we have some good news for you. Of course, as a new player, you will be able to claim a generous 300% welcome bonus, but you get an even bigger one with our promo code. Use our 100NGN promo code on the registration page and get an extra 30% boost to the new player bonus. We are always happy to give you something extra, and that is exactly where our promo codes come into play. Use this code on the registration page to get an extra warm welcome.
However, those who employ cryptocurrencies haven’t found any place to do the same kind of highly exciting activity. Making sports wagers is an activity that is performed by more and more people every day. You might be tempted to think that betting based on the opinion of the majority is the way to go.
Live betting is probably the most exciting aspect of sports betting, so let’s make sure to see what 1xBit has to offer in this regard. You will see between 100 and 200 live football games covered throughout the day. Each game will have between 1000 and 1500 bets available throughout its lifecycle and over 100 bets types will be open at any given point of the game. Betting is usually open up until the last minute and cashout is also available. 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.
That is, before you choose to go ahead with a particular odd, you should find out that the potential rewards outweigh the risks. When you evaluate your games with this metric, you’d be more cautious in how you place bets. However, ODUWA COIN, a Nextgen cryptocurrency now offers indemnity and insurance against the volatility of the cryptocurrencies listed on the platform. There is also the availability of over 40 cryptocurrencies to choose from while surfing the crypto betting site.
1xBet offers betting in all possible shapes and forms – any sport or league you can think of will be offered here. In addition to an impressive level of coverage, there is also a live stream functionality that will allow you to actually watch the game you are betting on. BetPay was an original Nigerian sportsbook operator, a promising project with big ambitions and exciting plans.
The online betting industry has been growing at a rapid pace over the last few years. It is an industry that has transformed the way people gamble, providing players with a convenient and accessible way to bet on sports, play casino games, and more. Having the above in mind, if you are also a sports betting enthusiast, you might want to have a good “go-to” crypto-friendly sportsbook. We picked the two best, in our opinion, crypto-friendly betting brands among many other local betting sites.
However, not all of them can offer you the services you need for an amazing betting experience. Therefore, you should consider websites that make betting cost-effective and easy to navigate. 1xBit stands out in this regard, as the platform allows you to maximize your winnings in crypto with any of 40+ sports from football to politics! This is in addition to being eligible for up to 7 BTC welcome bonuses for the first 4 deposits.
A small deposit requirement gives you an illusion that you are getting something even if you aren’t planning on making large deposits. First, make sure that the bookmaker in question actually has what you need in terms of content. Finally, if all of the above will suit your needs and interests you can start looking at the welcome offer.
Even though you are likely familiar with most things here – let’s still take a quick look around. The minimum deposit and withdrawal amounts are somewhat arbitrary because they are all processed in crypto. As you know, the corresponding fiat (real money) value might change over time and it may also differ from one currency to another. All transactions on 1xBit are handled in cryptocurrencies – you can top up your account yourself or you can purchase crypto in one of the integrated exchanges.
It is worth mentioning that there are a number of Nigerian exchanges available here as well, such as Nairaex and Bitpesa. This also means that when you actually get to withdraw your winnings, you can immediately convert them to Naira and withdraw to any Nigerian bank account. You can’t afford to place bets based on your emotions for the club you support. Therefore, you should separate your love for sports from your desire to make returns from betting. To calculate the quality of certain odds, you should consider the possibility of winning the game based on the said odds.
This tournament offers you the avenue to stay on top of the game, enjoying fascinating matches and securing impressive prizes. Everything is available, from card games, slots, dice, jackpots, lotteries, and popular table and board games. Have you been involved in crypto gambling, wondering when you’ll win big? You don’t even have to travel down to watch the match before earning some funds. All you need to do is participate in Ticket Rush, the latest 1xBit tournament, and you might just be one of the many lucky winners.
You can use over 40 different currencies and 1xBit also gives you an option to buy crypto via a number of different exchanges directly from your player account. The entire process is simplified beyond belief, so even a person who had never bought crypto before will be easily able to do it here. If you don’t know what to do with the virtual assets you have won – you can sell them on a number of integrated Nigerian exchanges.
You will not be asked to undergo identity verification and lose your privacy compared to other betting sites. In case of any questions or doubts, you can always get in touch with one of the support agents 24/7. Go to 1xbit.com and press the registration button on the top of your screen. You will need to enter your email address (make sure it is correct) and the password you want to have.