Why Crypto Gambling Is Popular

Content

• What is the best betting site in Nigeria?
• Fast Transactions
• BlockDAG’s Presale Smashes $19.2M, Surges Past KELP & Uniswap’s Market Dynamics Following Moon Keynote Teaser
• From Ashes to IPL: A Comprehensive Guide to Betting on Cricket Events
• BIT BOOKMAKER REVIEW

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.

With multiple prize draws designed to select many winners, you have a chance at winning big. 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. 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.

Crypto gambling gives you more choice over handling your earnings and sorting immediate needs because transactions are extremely fast. The site is available in many countries, thanks to the mobile version you can play from a smartphone or tablet. The 1xBit website has more than 35 language versions, which means that players from outside the English-speaking segment will be able to play comfortably. 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. The Oyo State Gaming Board takes charge of regulating gaming activities within Oyo State.

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.

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. This 1Xbet platform specializes in offering an unparalleled betting experience for its customers. 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. This made them turn to online bookmakers that don’t require age verification.

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.

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. 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.

• At the moment, thousands of users from around the world have appreciated these benefits.
• They specialize in cryptocurrency transactions and offer high betting limits for both casino and sportsbook customers.
• Thanks to 1xBit bitcoin bet, it’s easy to make them one of the main sources of your income.
• Even in that case the entire process will take only around 3 minutes to complete.
• Melbet holds licenses issued by the Oyo State Gaming Board and the  National Lottery Regulatory Commission, two biggest local regulators.

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.

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. For example, in February 2021, the Central Bank of Nigeria (CBN) issued a directive banning commercial banks from engaging in cryptocurrency transactions. However, in 2023, the CBN reversed this ban, citing the need to regulate such activities in line with global trends. Bitcoin offers several benefits, including anonymity, fast transactions, and low fees.

There are many sites that allow people to do this with traditional currencies. 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. Finally, we believe it is important to mention the technical side of things.

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. 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.

What is the best betting site in Nigeria?

You are not forced to make large deposits, in fact, the smallest deposit you can make is just ₦100. 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. Check back daily for our Bet of the Day and our long shot daily multibets only on betoftheday.ng.

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.

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). Super Slots has a user-friendly website that is easy to navigate, making it easy for players to find their favourite games. The casino also offers generous bonuses and promotions, including a welcome bonus for new players. In addition, it supports a range of payment methods, including cryptocurrency, making it convenient for players from around the world.

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. 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.

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. Integrating all of the above payment options to fit the local betting landscape is not the only thing Megapari are noteworthy for. They are also one of the most crypto-friendly betting websites in Nigeria. Although, unlike the two brands we mentioned earlier in this section – Megapari aren’t a crypto-only bookmaker. You can use regular currency and bank transfers, as well as over 20 different cryptos.

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.

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.

Having such a rich history in the industry and being considered one of the leading brands – Mozzartbet just has to do things right. Being a crypto-friendly betting site is not the only good thing about 1xBit, they are generally a good top-tier bookmaker. They have excellent coverage, especially for football and basketball as well as a handy betting app, which works well even on older devices. 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. Each football fan undoubtedly has their own “go-to” sportsbook, however if you are new to this or don’t yet have one – this might be exactly for you. Well designed interface and the detailed line of events make it easy to find exactly what you know best.

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.

Fast Transactions

There is nothing more frustrating than betting at a site that has too many glitches. Likewise is filled with advertisements popping up all over the screen. At the moment, thousands of users from around the world have appreciated these benefits. They include high level of security, security of transactions, and their stable speed. Thanks to this approach, the transactions become more profitable and do not imply a lot of additional expenses. With it, you won’t have problems with the fiat currency exchange, as the bookmaker solves this problem.

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.

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.

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. 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. One of the sports, which is very popular among users, is badminton.

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. Use the exclusive 1xBit promo code “100NGN” to unlock special bonuses and promotions, enhancing your betting experience from the outset. 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. Just make sure that the name on your player profile exactly matches the name on your bank account.

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.

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. Paripesa is quite a big betting company that works in many countries around the world – our promo code is 200NGN. They have been in Nigeria for over two years now and it is clear that they are here to stay.

Having years of experience with numerous bookmakers, Paul is in an excellent position to review and rate sportsbook brands. Feel free to follow him on Facebook and LinkedIn to find out what he is up to. We really appreciate that you trust us enough to rely on our expertise when deciding what betting operator to use. 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. High betting odds, excellent customer support, and numerous outlets within the country are some major pros of betting.

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. The casino holds a license from the Panama Gaming Control Board, which ensures that it operates with fairness and transparency. It also uses advanced encryption technology to protect players’ personal and financial information. Since we’ve already covered apps, we believe it would also be good to tell you a bit about their mobile website.

By staying informed and cautious, you can enjoy the exciting world of crypto betting in Nigeria safely and responsibly. 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. MyStake is an online casino and sportsbook that offers a variety of games, including slots, table games, live casino games, and sports betting options. The platform is designed to cater to a global audience, with support for multiple languages and currencies.

Paripesa holds a valid betting permit issued by the Oyo State Gaming Board. As a new player with our exclusive code, you can get an extra 30% boost to the standard welcome offer. Promo codes are a way for betting operators to know where a new player came from. 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.

Finding a reliable and safe sports betting site that accepts Bitcoin in Nigeria isn’t as easy as it seems. Our list of the top Bitcoin bookies ensures you enjoy unrivaled convenience and security. Just register an account and start enjoying the benefits that come with BTC betting. In this guide, we have assembled a list of top betting sites that accept Bitcoin in Nigeria. Also, we will explain the process of depositing and withdrawing your BTC winnings from these sites.

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.

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.

For example, you can lose the private keys that give you access to your funds. And then there is phishing, hacking, and all the other attempts to get control by fraudulent means. This means that the amount of Bitcoin you deposit into your betting account could decrease in value before you have a chance to place your bets. 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. If you have a problem with your crypto payments, you can always use their friendly customer support service.

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.

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.

22bet also offers a 100% welcome bonus of up to N50,000 to its users. Bet9ja is a very simple website with an embedded Google Chrome extension that the user can install on his browser to make payment easier. The professionals always offer the most interesting options of cooperation. Among them, you will definitely find those that you understand well.

However, it also comes with inherent risks that Nigerian bettors should be aware of. Today, Cloudbet has a huge presence in many countries, Nigeria being one of them. 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.

Let’s also not forget to take a quick look at the live betting segment. 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.

You don’t even need to remember your credentials, as they can be emailed to you upon registration. 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. 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.

BIT BOOKMAKER REVIEW

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.

Finally, like most other Nigerian betting sites, Bangbet has a phone support line. You don’t have to write an email or wait in a chat queue, you can give them a call and get straight to the point. Phone support is always a good addition to any service, as it shows that the company is willing to listen to its customers. Bangbet is one of the fastest growing Nigerian bookmakers and they have the biggest accumulator bet boost you will ever see.

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.

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. The platform offers its users an opportunity to choose between many different types of bets. Including internet gaming, horse racing, soccer, and cricket among other sports.

Finally, if your application is approved, you will get your affiliate link and you can start referring new players. If you have something like a website, a personal blog or a YouTube channel – that would be a good way to start. When you play a game, the first thing you will see is a score board. 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.

Cryptocurrency Exchanges in Nigeria have over 2100+ cryptocurrencies, trusted historical data, details of active, upcoming and finished ICOs. The website provides a list of cryptocurrency and blockchain related events, valid and authentic list of cryptocurrency wallets and Bitcoin mining pools. We also provide rich advertisement campaings to advertise your business on this website. Simply visit the 1win website, click on the registration button, and follow the prompts to complete the sign-up process, allowing you to start betting in no time. BetBonanza is a well-known betting site, they opened way back in 2014, so you can say they have been around for a long time. Even if you aren’t into sports betting yourself, you have likely seen their retail betting shops with lots of people inside.

Getting an app listed on Apple’s app store is considerably more difficult than getting into Google Play. Despite that, Mozzartbet went above and beyond and actually listed their mobile app on both marketplaces. Now, even if you are an Apple user – you can still enjoy their betting app along with all the benefits it brings.

Actually, some countries have even gone as far as imposing outright bans on Bitcoin. 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.

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.

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.

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.

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 a leading online sports betting and gaming destination that is a welcome sight for many African players. Betway Nigeria has a superb bonus system that offers a wide range of opportunities.

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. Compared to the two betting companies that we already mentioned above, 1win is not as big and known.

Bitcoin betting 1xbit.com is an opportunity to quickly convert your own knowledge of cryptocurrencies into a real gain. Now, professionals offer a wide choice of events and their number will only grow in the future. Playing here is the simplest way to earn cryptocurrencies to make new secure transactions with minimal expenditures. 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.

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. 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.

Also, app users may occasionally get various presents like free bets and deposit bonuses. 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.

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. The second point we want to tell you about is tightly related to the first one – this is the minimum deposit requirement.

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.

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.