Why Crypto Gambling Is Popular

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Why Crypto Gambling Is Popular

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The desktop website user interface layout is quite similar to a number of other well-known betting brands, which we aren’t going to name right now for obvious reasons. Nevertheless, this is by no means a negative thing, the platform 1xBit runs on has proven itself to be stable and user-friendly. Even though you are likely familiar with most things here – let’s still take a quick look around.

You have an option to ensure part (10%, 30%, 50%, etc.) of your bet for an additional payment to secure your stake if your bet happens to lose. Let us illustrate that with an example – you placed ₦200 bet with the odds of 2.00 and now you want to ensure 100% of your stake. You can pay a ₦50 insurance fee, which will be taken from your balance. 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. They also have offers for existing active players, so even if you already used up your welcome bonus funds, there is usually something to look forward to.

As a new player, you will be given a 100% bonus up to ₦100,000 for your very first deposit. The amount you have to deposit in order to activate the bonus is just ₦100,000, so feel free to start small if you feel like it. Also, keep in mind that even though the minimum odds requirement to wager the bonus is 1.85 – you can wager it using single bets.

Cryptocurrency transactions, at times, may involve pretty large fees or if you aren’t experienced may fail causing you to lose your funds. However, one notable thing that has made the platform even more popular among players is its support for crypto. You choose between many different altcoins, BTC being the most popular. Note that while card payments can be used for deposits to purchase crypto, withdrawals from BC.GAME are exclusively processed in cryptocurrency. Also, BC.GAME imposes a small processing fee, starting at a minimum of 0.1% of the total transaction amount. Any given day you will see over 1500 football games being open for betting, quite often that number will be nearing 2000.

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. The following section will speak about the amazing casino of 1xBit. Finally, we thought it might be useful to tell you about their cashback system. You will be getting a cashback based on a certain percentage of your losses.

However, they haven’t ever properly established themselves as a Nigerian sportsbook until mid-2023. Additionally, you can choose between several popular electronic wallets and local payment gateways. 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.

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. Each bonus is valid for 40 days and has to be wagered 40 times before it can be converted into real money balance. Single bets are also counted towards wagering – each bet has to be placed with the odds of 1.60 or more. Finally, make sure to use up your existing bonus funds before trying to activate the next bonus offer.

It is even better, when an online sportsbook has complementary things like live streaming also available on mobile. 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. Having said that, a minimum allowed stake of just 50 Naira is a perfect option for those who want to start small and play safe. We decided to bring up the registration process because of how easy Couldbet made it.

The best betting sites will be the ones that offer fascinating features such as bonuses and promotions. The ease of use on such platforms is also important since you want a website that is easy to navigate. It also needs to be secure and legal, with adequate protection against fraud.

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… 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.

This will help them avoid becoming a victim of fraudulent activities or poor gambling experiences. 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. Users can place bets on sports events, play bingo, and use multiple other betting options.

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. 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. There is also the availability of over 40 cryptocurrencies to choose from while surfing the crypto betting site.

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. – From 1 July 2023 to 30 June 2024, the same configuration applies but with a maximum of seven professionals.

Once you submit the registration form, an email with a verification link will be sent to your email address. Open that link to verify your address and complete your registration. 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. Cryptocurrencies have become a part of our everyday life so rapidly, that many people even didn’t notice how it happened.

  • Its features, promotions, and exclusive offers will make it your go-to destination.
  • Having said that, you will be able to use any local bank account to top up your player wallet or withdraw your winnings.
  • You can win up to 135% of your bet by placing several bets and accumulating bonus winnings.
  • The iOS app is not currently available on the app store, so there are a couple of additional steps you need to perform in order to install it.

If you sign up for the loyalty program, you will get up to 11% cashback. 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. If you want to learn more about all of the Bitcoin betting sites mentioned above, visit the website of crypto gambling experts Bitcasinorank.com. It includes player favorites such as soccer, basketball, tennis, and baseball, to mention a few.

The casino offers attractive bonuses and promotions to both new and existing players, making it a popular choice among online gambling enthusiasts. It’s important to remember that while crypto betting comes with many advantages, it also carries risks due to market volatility and regulatory uncertainties. Always approach betting with caution, prioritize responsible gambling practices, and choose platforms that align with your betting preferences and security expectations.

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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. The underlying technology that operates cryptocurrency is blockchain. Blockchain technology is a highly encrypted network that is theoretically impossible to hack.

Like most other betting sites out there – 1xBit has an affiliate program, which allows you to earn money for every new player you bring in. You can get a certain percentage of the revenue your players bring in, the actual percentage values are something you will need to discuss with your affiliate manager. Once you open up the sports betting section of their website, you will be taken to the “overview” page. This is the place where you can see all popular and upcoming games in one list and if needed, you can navigate to other sports, regions and competitions.

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. 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. If you feel like giving 1xBet a chance, we have some good news for you.

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. ♦ Players aged 21 and younger and club-trained players will be exempt from these limitations. This sets the type of bets you would like to be automatically copied for you, with respect to the amount staked by the user that posted the bet slip.

1xBit offers betting on almost 50 different sports and we are sure that number will grow even more in the near future. Most of us use sportsbooks to bet on football, so let’s take a look at what 1xBit has to offer in regards to football betting. We will use real-life examples to give you the best possible overview. Initially planned to start in July 2020, the implementation of the new rules had to be delayed as a consequence of the COVID-19 pandemic.

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. Here are some handy tips you can follow when signing-up for a bookmaker. Don’t miss the latest free bets and offers for the newest online sportsbooks in Nigeria.

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It wouldn’t make sense listing a lot of betting sites in this category because virtually every bookmaker focuses on football. This is why we are going to tell you only about the ones we believe to have the best football game variety and the best odds. Other things like special betting features, live streams, live scores and various promo offers will, of course, also be mentioned. You can make bets on 1xBit using over 40 supported cryptocurrencies. It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games.

Crypto deposits are processed quickly, and all the altcoins, including Bitcoin, are supported. 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. 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.

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. 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 games list on the overview page, and on any other similar page for that matter is quite informative. It shows you the number of available bets for each game, without the need to actually open it up and check. This saves you quite a bit of time, especially if you are just looking to browse around. 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.

Benefits of Gambling on 1xBit

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. 1xBet holds a valid Nigerian license and that means – 1xbet registration in Nigeria is open for all local sports fans.

You will get a 30% increase to the base welcome offer and some additional bonuses along the way. 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. The first crypto bookie we recommend is BC.Game – an established platform only dedicated to sports betting.

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. Betking provides users with an extensive range of betting opportunities, including all major worldwide and regional sporting events. They will be not only able to bet on football, but also on other popular sports, including tennis, volleyball, and much more. There are many betting sites in Nigeria that offer a great variety of bets and payouts ranging from soccer, tennis, basketball, and the list goes on and on. 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.

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. Choosing 1xBit gives access to a world of impressive betting rewards. You’ll also check numerous informational blogs to keep you updated.

All Nigeria Football is the best football prediction site that can give accurate football prediction and today soccer prediction. 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.

Take a Look at Alternative Options for Betting

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. 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. Explore the best free bets and bookmaker offers for Nigerian bookmakers and start playing instantly with world leading bookmakers today.

Betting is a very popular way not only to have a good time, but also to win good money. 1win Nigeria is one of our top recommended betting operators if you are looking to use PerfectMoney. You will be able to top up your player account using any local bank account, however withdrawals can only be done using crypto or PerfectMoney. 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.

The player is automatically assigned a number, which can be sent to e-mail or just downloaded a picture. As with any other betting site that we recommend – we have a full detailed review of 1xBit. If you have any questions, we are quite certain that you will find your answers there. Specific to Anambra State, the Anambra State Gaming Company oversees the regulation of gaming within the region. It ensures that operators meet the state’s regulatory requirements, fostering a secure and fair gaming environment. This means that anybody who visits and makes use of the services offered by 1xBit, will receive a top-quality experience.

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. 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.

This betting site offers a wide range of deposit and withdrawal options. Likewise, a large variety of events with six minutes payouts, support in multiple languages, and a wide range of betting events. 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 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. Of course, lover level games will have less markets, that’s no secret – nevertheless, most games will still have at least 300 different bet types. Together with 1xBit, you will quickly turn valuable information into crypto currency assets. Even if now you have only fiat funds, the reliable bookmaker will help you to exchange them for digital units for faster and easier integration to this platform.

Ticket Rush is one of the many tournaments designed by 1xBit to help players profit from their passion while enjoying the World Cup. With 1xBit, you can rest assured about sumptuous prizes that make your gambling experience worthwhile. There is nothing special you need to do in order to claim the welcome bonus – your deposit just has to meet the set requirement. At the moment, in order to activate the welcome offer your first deposit has to be at least 1 mBTC.

The minimum deposit you have to make in order to activate the offer is 1 mBTC – equal to ~₦18,000. Your bonus funds will be valid for 30 days and you have to wager them 40 times before they get converted to your real-money balance. The minimum odds requirement for wagering is 1.60 – single bets also count towards wagering. This site has long been established as one of the best sports betting sites in Nigeria. They provide people with prices that are much lower than other sites. They have learned that giving customers better odds means more real winners.

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? The registration process at 1xBet is quick and super easy, as a newcomer, you can create a new account in under 1 minute.

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. The crypto gambling niche expands increasingly, offering its players advanced experience and top security.

In online casinos, users don’t need to leave their rooms to feel the thrill of placing bets or playing live table games. 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. Bitcoin lottery 1xbit offers a wide choice of forecasting options and high odds. Here, bets are accepted exclusively in crypto currencies and the winnings are withdrawn in a similar way. Together with 1xbit.com – bitcoin odds feature you can significantly and easily increase your own crypto currency funds.

One commendable feature of Nairabet is the fact that bets can be edited after they have been placed. Their high-end website interface gives a wonderful user experience when using the website and app. 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.

This means that all live games are licensed and tested, so you can be sure of the results of the game. It is on 1xBit that players will be able to implement their gaming strategy and win good money. On online casino bitcoin 1xBit players will find games from VIPxBit, Evolution Gaming sigeplay casino login, XPG, Lucky Streak and many other famous creators. There is a fairly large section of cybersports, where you can also place bets. Bitcoin betting sites 1xBit offers a lot of interesting variants of bets, including classical forms, total, ordinary, express and many other things.

You are going to be fine even if you will not use their app – the mobile website is well-optimized and will work without any issues even on older devices. All features that you would have access to in applications are also available on the mobile website. The main difference is data and resource usage, however if you have a fast and stable connection and a relatively modern device – you have nothing to worry about. 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.

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