Why Crypto Gambling Is Popular

Why Crypto Gambling Is Popular

Content

Some of the other options to consider include double chance, both teams to score, draw no bet, over/under goals, live betting, among others. That way, you can work based on a betting plan towards achieving a particular goal. Most people assume that the higher the odds of a game, the better the value. This is a tempting assumption, especially if you’re a beginner in the betting space. 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.

Being fully in charge of your own money is becoming increasingly popular and cryptocurrency is one of the best ways to achieve that. 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. 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.

  • 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.
  • If you win big and want to withdraw all your winnings and convert them into fiat before crypto volatility strikes — you might be blocked by low withdrawal limits.
  • The singular notion of decentralization made crypto attractive to users.

You will be getting a cashback based on a certain percentage of your losses. The maximum amount you can get as a cashback is ₦30,000, which is quite a generous offer. Sports betting has become a global phenomenon, captivating enthusiasts across… This means that anybody who visits and makes use of the services offered by 1xBit, will receive a top-quality experience. But also, there are many variations of the game that can be played here, meaning that every poker fan out there will find their favorite flavor of the game here.

1win is a fairly well-known betting company that has been around since 2016. They operate in a number of countries including Nigeria, where they already have a strong presence and an impressive player base. All transactions at 1win are carried out in US Dollars ($), however you can use Nigerian banks to top up your account, so you don’t need to convert anything yourself. There are a number of things, which make Bangbet stand out among many other betting sites. The main thing we would like to highlight is their minimum stake requirement, which is only ₦50. 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.

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. 1xBit is an online sportsbook and casino that offers an extensive range of betting markets, including sports betting, live casino games, slots, and other casino games. The site is known for its anonymous and fast registration process, allowing users to bet and play without providing personal information. 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.

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. They operate only crypto payments and make it easy regardless of where you are from. Therefore, we decided to recommend them as our number 1 crypto betting site for local betting enthusiasts. You can use over 50 different coins and tokens to bet and receive your winnings and new ones are constantly being added. It wouldn’t make sense listing a lot of betting sites in this category because virtually every bookmaker focuses on football.

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. 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. This allows you to enjoy your winnings without adversely affecting the platform’s fee structure. 1xBit also provides educational blogs on crypto gambling to help you get started with the necessary tips to navigate the field.

Unique variety of sports in bet streaming live mode

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. Once you pick the currency you want to use, you will be given an address. Please make sure to double-check the address before sending any funds, if there will be a mistake in the address – your funds will be lost. Sometimes, you might find it difficult to stop using a betting strategy, especially if you took your time to come up with it.

Let’s take a look at each individual bonus to find out how to get them and how to use them. Pick the payment method you would like to use and press the “Next” button to move over to the next page. Please bear in mind that you would need to already have some cryptocurrency at your disposal. If you don’t have any, visit one of the recommended crypto exchanges. The registration process is as easy as it can possibly be – you simply need to enter your email address, your desired password and press the “Register” button. You will then receive an email with a link, which you need to open in order to confirm and verify your email address.

Then confirm participation by clicking on “Participate” on the promo page. The Ticket Rush tournament is a rare chance to get a piece of the prize pool set at 3 BTC. Instead, you can utilize these currencies directly, allowing you to maximize their value without losing any of it to conversion fees. Even more, 1xBit is constantly looking for relevant partnerships and new coins to add.

Plus, with no identifiable information that holds you, it is impossible to trace you down. Crypto gambling sites like 1xBit keep your anonymous veil intact because there is no KYC, and you are given a wallet ID and a strong password for transactions. The crypto betting site 1xBit also has more benefits that you can enjoy. With the rising cryptocurrency adoption, online gambling has blossomed thanks to non-fiat benefits. Promo codes are a way for betting operators to know where a new player came from.

By providing a safe, reliable and diverse betting environment, 1xBit continues to set the bar high for other betting platforms in Nigeria. Beware though, if a site offers deposit bonuses or promotions that sound too good to be true — they might be. Finally, like most other Nigerian betting sites, Bangbet has a phone support line.

However, you have to remind yourself that no single strategy will always work in the betting scene. You might be tempted to think that betting based on the opinion of the majority is the way to go. If your team doesn’t stand a chance to win, don’t let the emotions lead you to bet on their victory.

Non-crypto gambling sites are also prone to human-made errors like cyber intrusion and may cause you to lose money. Overall, BetOnline.ag is a great choice for anyone looking for a diverse and trustworthy online gambling platform. All transactions will be processed using Quickteller, Interswitch or Paystack – the three most popular local payment gateways. Having said that, you will be able to use any local bank account to top up your player wallet or withdraw your winnings.

Double Bet

Thanks to 1xBit bitcoin bet, it’s easy to make them one of the main sources of your income. 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.

1xBet App

As you may have already guessed – they have an impressive football betting section. BetPay was an original Nigerian sportsbook operator, a promising project with big ambitions and exciting plans. Despite having a strong start in the industry, not everything went as planned and BetPay had to stop taking bets. Here people can enjoy an experience very similar to what is offered by real-life casinos, for this reason, it is always a good idea to give 1xBit poker bets on website a try.

They will see whether you found them on your own or you were referred by somebody. In case you are referred by a company that is partnered with the betting site (for example us) – you can get a better offer. Of course, not all betting operators require a promo code, in some cases it is enough to simply follow one of the partner links.

Every day 1xBit puts out a new “Accumulator of the Day” list with a number of pre-configured accumulator bets. Choose the one, which you feel has the highest probability of winning and bet on it – your potential winnings will be increased by 10%. So at the end of the day, it’s best to trust your instinct and predictions yourself. With that in mind, the national basketball league in America – the NBA, has been proven to be head and shoulders above the other sports.

This is why using some artificial intelligence shouldn’t be too bad of a decision. The professionals always offer the most interesting options of cooperation. Football, basketball, tennis, boxing, hockey — all these and much more are available here in full. 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. After looking at each of these apps keenly, you will be able to figure out which is the best one for your betting needs.

Both bookmakers aren’t original Nigerian companies, they are well-known international brands. Being in a position like that, allows them to allocate tremendous resources into supporting and developing their mobile website and applications. There could have been multiple reasons behind that, some of them might have been organizational, others might have been related to how competitive this industry currently is. Nevertheless, we would like to preserve BetPay, not as a sportsbook platform, but as a valuable resource for Nigerian sports fans. A place where you can find information about other betting sites, useful guides and links as well as some exclusive promo codes and bonuses.

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. Placing bets on the 2022 World Cup matches guarantees you tickets, so hunt for more to increase your chances of winning. 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.

Now, even if you are an Apple user – you can still enjoy their betting app along with all the benefits it brings. 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.

The underlying technology that operates cryptocurrency is blockchain. Blockchain technology is a highly encrypted network that is theoretically impossible to hack. Crypto gambling has been a constant trend because crypto transactions are inherently fast. Cryptocurrencies were developed to bypass the need for intermediaries, which is why it can take only a few minutes to an hour to transact in crypto. If you will create a new account using our code, it will give you an extra 30% boost to your welcome offer if you decide to claim it.

These inherent merits reduce operational costs for the crypto gambling sites enabling them to be able to increase their odds and still maintain profits. 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. 1xBit is one of the most popular crypto bookmakers in the world and surely the most popular one in Nigeria. If you are looking to top up your account with crypto, bet with crypto and withdraw your winnings as crypto – this is probably the best place you can find at the moment.

For instance, the Individual match tickets will produce 10 winners with 500 mBTC as the top prize to be won. Everyone can be on the ball with 1xBit; to make the World Cup even more exciting, participate in the Ticket Rush tournament to win prizes. The 2022 World Cup is just around the corner; it is a breath of fresh air for every nook and cranny of the world. That is why in the spirit of this competition, 1xBit, an online crypto-betting site, has decided to let the cat out of the bag and let you join the Ticket Rush tournament.

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. 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. Plus, most of the time, players are not always in possession of those documents. They only want to place bets on their favourite team as quickly as possible without obstructions. 1win Nigeria is one of our top recommended betting operators if you are looking to use PerfectMoney.

Effective Ways to Go About Soccer Betting

By the way, these benefits are perfect for bets on Qatar 2022 – players can take advantage of them and profit while watching the most anticipated event in the football world. Let’s also go over some additional terms – as we already said, the minimum deposit to get the bonus is 1 mBTC and that applies to all four bonuses. The first one is 100% up to 1 BTC, the second one is 50% up to 1 BTC, the third one is 100% up to 2 BTC and the final fourth one is 50% up to 3 BTC.

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. Ultimately, the betting site you use goes a long way in determining your experience.

Google the site and see if there are any reviews of people having problems withdrawing their funds. If you win big and want to withdraw all your winnings and convert them into fiat before crypto volatility strikes — you might be blocked by low withdrawal limits. Mozzartbet is another great example of an international sportsbook brand that takes mobile gaming seriously.

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. 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.

This draw is based on all the promo tickets received from the start of the event till the end. Not only can you watch spectacular matches, but you can also profit from your passion for football by betting with crypto. 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.

Players get to use a multi-currency account so that they are not limited to only gambling with one type of crypto. With no fees attached and fast payouts, you can quickly move your crypto funds to and from your sportsbook account without any issues. Let’s also not forget to take a quick look at the live betting segment.

Meet 1xBit, a crypto gambling platform with an extensive portfolio in sports, live betting, and eSports. It is quite easy, you have to submit an affiliate application on 1xBit’s affiliate portal (link below). They will ask you some basic questions about yourself and how are you planning to promote their brand. It can take up to a week to receive a response after submitting the application, so don’t worry if it doesn’t happen the next day. Finally, if your application is approved, you will get your affiliate link and you can start referring new players.

The long-awaited World Cup 2022 is here, bringing many opportunities to win big. Then the World Cup is an opportunity not just to do that but also to win big from your passion. All Nigeria Football is the best football prediction site that can give accurate football prediction and today soccer prediction. 1xBet operates only using cryptocurrencies, so there is no single minimum deposit limit because this may vary depending on the virtual assets you want to use. 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.

New accounts can be created using your social media profiles (Google or Facebook) or your GitHub profile if you have one. 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.

Like crypto transactions, payouts on 1xBit are light-speed transactions with zero fees for every transaction you make. All new members on 1xBit are eligible to get up to 7 BTC as a welcome bonus for the first four deposits. Hence, your transactions will remain anonymous and your privacy secured.

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. Any given day you will see over 1500 football games being open for betting, quite often that number will be nearing 2000. As you can understand there is surely no shortage of betting opportunities here, but let’s also look into what each individual game offers. The number of markets per game is as impressive as the overall number of available games.

1xBit also provides educational materials on crypto gambling to help you get started with the necessary tips to navigate the field. If you play here, you’ll not only enjoy the process, but also earn good money. However, there’s not only the casino presented, as the main specialization of professionals is the sports betting. As seen from the above, there are very many sports betting apps in Nigeria and these platforms differ in one way or the other. With bitcoin and online crypto casinos and sportsbooks such as 1xBit, you will have peace of mind that no authoritative figure is keeping track of your wins. You are not answerable to anyone for your pile of bitcoin no matter how big or small it is.

Our expert team have dug into the pros and cons for each bookmaker to supply you with the information necessary to ensure you are betting with the bookmaker best for you. Read unbiased bookmaker reviews on the biggest bookmakers operating in Nigeria. Check back daily for our Bet of the Day and our long shot daily multibets only on betoftheday.ng. We compile daily big odds multibets for you to bet on with multiple operators.

Because of that, we want to give you something exclusive, something that you will not get anywhere else. Together with 1xBit we’ve prepared a promo code, you can use this code on the registration page to get an additional boost to your welcome bonus. 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.

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. 1xBet holds a valid Nigerian license and that means – 1xbet registration in Nigeria is open for all local sports fans. You can bet on all World Cup events and participate in related promotions with huge prize pools. 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.

Another group of winners will be selected from the promotional tickets acquired from making qualifying bets. To participate in this tournament, users must bet from 0.2 mBTC at odds of 1.5 and higher on events from any of the 5 top football leagues. After that, it remains only to replenish your account to get access to all the possibilities of this office. You can also use fiat funds for this, but all games use cryptocurrencies. 1xBit leads the world in crypto betting because it has been in the game long enough and offers you what you need to increase your earnings and enjoy yourself. Ticket Rush is one of the many tournaments designed by 1xBit to help players profit from their passion while enjoying the World Cup.

It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games. This is one of the most reliable sports betting apps in Nigeria and offers you very many opportunities to make money. It has become our tradition to give out sports betting promo codes at the beginning of every new year, so 2023 is not going to be an exception. Our promo codes are exclusive and will often give you something in addition to the standard welcome offer, so you can expect an extra warm welcome. If you are into sports, enjoy betting and live in Nigeria – you will definitely find this useful. Mozzartbet is truly a unique case when it comes to mobile betting platforms.

However, keep in mind that you can only use cryptocurrency, regular money is not accepted at 1xBit. We can confidently say that 1win is definitely a good place for any sports fan. As a Nigerian player you have nothing to worry about – as we mentioned above, you can use any local bank to top up your account. In addition to that, 1win has something that most local betting sites don’t – they support PerfectMoney. Now it is time to talk about local betting brands – sportsbooks built by Nigerians and for Nigerians.

There are a handful of reasons why you might want to use a local bookmaker. For example, by supporting a local business, you help it grow, therefore making more workplaces. You will also get a better betting product tailored specifically for Nigerian sports fans. Local betting sites are quite technologically advanced and have a wide range of offered sports, tournaments and bet types. 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.

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. If you just created an account on1xBit, then you are eligible to receive a welcome bonus of up to 7 BTC for the first 4 deposits. Register and choose your main tokenAll you need to do is enter your email address and a password to register on 1xBit. Once you’ve done that, choose from over 40 available tokens for withdrawal and depositing. Our list features the superstars, the young guns, the best players …

This made them turn to online bookmakers that don’t require age verification. This will help them avoid becoming a victim of fraudulent activities or poor gambling experiences. Our exclusive 1xBet promo code is 100NGN – it is easy to remember and you can share it with your friends if you feel like it. 1xBet is one of the most well-known betting brands in the entire world, it is a popular bookmaker in Africa in general as well as an asianbookie. If you want to go and check them out yourself and are already thinking “how to register 1xbet in Nigeria?

From what we can see, self-exclusion is not available in the user interface. If you want to temporarily or permanently close down your account – please reach out to support. The two best places where people from Nigeria can get crypto are Nairaex and Bitpesa.

The landscape of betting in Nigeria has significantly evolved over the years, with a number of platforms vying for the title of being the best betting site. Investigating which sites give the best bonuses can really be worth it. Not just welcome bonuses, but also any promotions for loyal customers that stay and keep betting. But if you don’t want to take any chances, then consider using a betting site that accepts deposits and withdrawals in stablecoins like USDT, DAI, tUSD, and others.

It will give you an overview of the game if it is being played and some statistics and standings if the game has not yet started. Just below that you will see a list of available markets – it is configurable, you can choose the number of columns based on your screen size. All markets are also divided into several different filterable categories and if you know exactly what you are looking for – there is also a search box. You might have already seen in the beginning that 1xBit has a welcome offer for new players, we are going to talk about it in more details here.

When you enter the gambling scene, there are good chances you might be excited to stake on your favorite games and accumulate returns. Many new players feel the same way upon debuting the gambling scene, especially on platforms like 1xBit with impressive features. With it, you won’t have problems with the fiat currency exchange, as the 1win sign up bookmaker solves this problem.

Leave a Comment

Your email address will not be published. Required fields are marked *

Scroll to Top