Why Crypto Gambling Is Popular

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When you consider the key factors relevant to betting, you get to make more informed decisions while at it. 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.

  • Cloudbet is another crypto-only betting site that has gained popularity in the Nigerian betting community over the last couple of years.
  • Although, unlike the two brands we mentioned earlier in this section – Megapari aren’t a crypto-only bookmaker.
  • With the rising cryptocurrency adoption, online gambling has blossomed thanks to non-fiat benefits.
  • COVID-19 cases continue to rise in Nevada, table games in general and of course slots.

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

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. Sometimes, you might find it difficult to stop using a betting strategy, especially if you took your time to come up with it. However, you have to remind yourself that no single strategy will always work in the betting scene.

We will use real-life examples to give you the best possible overview. 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. Crypto is not native to any region or country; you can access it anywhere as all you need is an internet connection.

They will be not only able to bet on football, but also on other popular sports, including tennis, volleyball, and much more. The live broadcast allows users to watch sporting events unfold in front of their eyes via webcams installed in various locations worldwide. This makes it easier than ever for sports enthusiasts to bet on the outcome of various athletic competitions. Bet9ja is a very simple website with an embedded Google Chrome extension that the user can install on his browser to make payment easier.

Paul has worked with many betting operators and platform providers since the very early days of iGaming. 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. There is nothing special you need to do in order to claim the welcome bonus – your deposit just has to meet the set requirement.

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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.

Using Technology to Win Big in Tennis Betting: 5 Ways!

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. One of the most current and promising projects in the cryptocurrency market today is Notcoin (NOT). Users can also choose non-custodial solutions for storing and withdrawing their coins, including hardware wallets that provide the highest level of security.

In today’s world, sports betting has been seen by most individuals as an easy way of generating income. You might win big on an eSports bet while using Ethereum, but what if the price crashes before you have time to withdraw and convert to fiat? Frapapa offers new players one of the biggest welcome bonus you can find in Nigeria.

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. Placing bets and winning is not the only way you can make money with 1xBit. 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. Any given day you will see over 1500 football games being open for betting, quite often that number will be nearing 2000.

Another thing that has made 1Win popular among Nigerians is its support for crypto transactions. Users can bet using BTC and other popular coins such as Bitcoin Cash, Ethereum, USDT, Binance, Tron, Dogecoin, Litecoin, ZCash, Ripple, Stellar, etc. Among the standout features of 1Win Nigeria is its sports library.

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. Betking provides users with an extensive range of betting opportunities, including all major worldwide and regional sporting events.

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. 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.

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. Bitcoin offers several benefits, including anonymity, fast transactions, and low fees. However, it also comes with inherent risks that Nigerian bettors should be aware of. 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.

The casino offers attractive bonuses and promotions to both new and existing players, making it a popular choice among online gambling enthusiasts. 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. It operates under a license from the Curacao eGaming authority, ensuring that it adheres to industry-standard safety and security protocols. Cloudbet is a well-established online casino and sportsbook that offers a wide range of betting options.

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. Here are a few of these online betting sites that don’t require age verification. Moreover, 1xBit doesn’t just offer vast betting options; it also ensures a secure and seamless betting experience. Finally, the last thing on our list in the minimum required deposit – people often put a lot of emphasis on this, when in reality it doesn’t make that much of a difference. Usually, players gravitate towards bonus offers, which have a small deposit requirement while completely ignoring all the points we went over above. A small deposit requirement gives you an illusion that you are getting something even if you aren’t planning on making large deposits.

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. 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.

Usually, you end up losing such bonuses before you even get a chance to convert them into real money. Let’s have a look at a number of factors that you have to keep in mind to get the best bang for your buck. This part is straightforward, so we aren’t going to spend a lot of time here. So, here are some things, which you should better check before making a deposit. As we already said above, BetBonanza have been operating in Nigeria for almost a decade and they were able to build a trustworthy reputation in the local betting community.

With xBit, you can bet on the World Cup from the comfort of your own home. You don’t need to visit a physical betting shop or convert your cryptocurrencies into fiat currencies. XBit makes it easy for you to bet using the currencies you already have. What makes xBit different from traditional betting platforms is that it allows you to use cryptocurrencies, such as Bitcoin and Ethereum, to place your bets.

When looking for the right bitcoin betting site to do some esports betting, it’s important to investigate what they offer and see if it fits your needs. That site lists almost all the esports betting sites currently available to residents of Nigeria. There is no quick answer to this question – on one hand yes, this might be a good addition to a decent betting experience. Although as we stated above this should not be the deciding factor when you are looking for a new betting site. Make sure that whenever you are looking at a bonus offer you are also looking at the betting operator as a whole. 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. 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.

Betway

There are many cryptocurrency exchanges available in Nigeria, such as Freewallet Nigeria, which offers a secure and convenient crypto wallet for Nigerians. With xBit, you can also take advantage of their promotional offers, such as free bets or higher odds. This means that you can potentially increase your earnings while enjoying the excitement of betting on the World Cup. Get ready to bet on the World Cup with xBit and experience the thrill of crypto betting.

Even though you are likely familiar with most things here – let’s still take a quick look around. Therefore, ensure you’re in charge of making your betting decisions. 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.

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. If the betting site you are looking to use allows you to wager the welcome bonus only with accumulator bets, that can still be fine.

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.

Unlike traditional banking methods that can take days to process, crypto transactions are usually completed in a matter of minutes. This means that you can place your bets and receive your winnings without any unnecessary delays. If the answer is yes, then xBit is the platform you’ve been waiting for.

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. 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. Paul Echere– a life-long sports fan with a career in the betting industry.

Make your predictions on the English Premier League, the Champions League, or the NBA. 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. 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.

Keep track of the latest market trends and news, and follow best practices for securing your crypto assets. With our wallet, you can easily send, receive, and convert your cryptocurrencies with just a few clicks. Whether you want to convert Bitcoin into Ethereum or vice versa, Freewallet Nigeria has got you covered. For those Nigerians new to the world of cryptocurrencies, BC.GAME still has a solution. They can use their credit cards through MoonPay or Banxa on the platform for easy and quick conversion of fiat currency to their preferred crypto.

Even in that case the entire process will take only around 3 minutes to complete. Being a crypto-friendly betting site is not the only https://1xbetapp-download.com/ 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. But that’s not all, Freewallet Nigeria has partnered with reputable sources like 1xbit and Nairaland, bringing you even more opportunities to enjoy the world of crypto.

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. 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.

With Freewallet, you can access your funds at any time and convert them into other cryptocurrencies if needed. You can also exchange your cryptocurrencies for fiat currencies like the Naira when necessary. All you need to do is sign up on their website and create an account. Once you’ve done that, you can deposit your cryptocurrencies into your xBit wallet and start betting. XBit offers a wide range of betting options, so you can choose the ones that suit your preferences.

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If you are using a crypto gambling site, you can easily check your balance, and when you withdraw, your earnings are automatically released to your chosen wallet. With it, you won’t have problems with the fiat currency exchange, as the bookmaker solves this problem. With 1xbit, you’ll be quickly integrated in this market segment and start winning from the first time. 22bet also offers a 100% welcome bonus of up to N50,000 to its users. 22bet, which has a similar website to Melbet, provides customers with the ability to place live bets against other users.

With xBit, you can bet on the upcoming World Cup using cryptocurrencies. It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games. If you want to learn more about all of the Bitcoin betting sites mentioned above, visit the website of crypto gambling experts Bitcasinorank.com. Its popularity has led to the emergence of many betting platforms in the country, supporting it as a payment method. So, how do you pick the right BTC betting site to join from the dozens of options available? Players can take advantage of the highest odds on the market and place pre-match or live bets for 40 different sports.

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. A useful guide to selecting a convenient and secure wallet for storing USDT. Compare different types of wallets, learn about the criteria for choosing, and make the right choice for your USDT assets. It’s no secret that the Nigerian currency, the Naira, has been depreciating in value in recent years. This has led many Nigerians to look for alternative ways to protect their funds and avoid losing money. Cryptocurrencies offer a solution to this problem, as they are not tied to any specific government or central bank.

With our wallet, you can easily access these platforms and start claiming your share of the crypto market. No matter where you are in Nigeria or the world, you can easily access the platform and start playing. You can install the 1xBit app on your phone or play directly from the website, and the best part is that it’s completely free. In conclusion, if you’re looking for a convenient, secure, and potentially lucrative way to bet, then betting with crypto is definitely worth considering. With the rising popularity of cryptocurrencies, more and more people are turning to crypto for their betting needs. And it’s no wonder why – there are several advantages to betting with crypto that make it an attractive option for anyone looking to try their luck.

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. Mozzartbet is another great example of an international sportsbook brand that takes mobile gaming seriously. They have been around for almost 20 years, even before the internet as we know it was widely used.

As you may have already guessed – they have an impressive football betting section. 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. The crypto market is constantly evolving, with prices rising and falling like dust in the wind.

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. If you get to the official web portal of the reliable bookmaker, you’ll sink into an atmosphere of gambling and adrenaline. Here, the users can choose from several entertainments that’ll let you not only relax, but also earn good money.

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. 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. 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.

The minimum odds requirement for wagering is 1.60 – single bets also count towards wagering. Nowadays, we can now find best online casinos that payout as well as online betting sites that won’t ask you for your age verification before/after players gamble. The mobile app for android and ios was recently launched to give its users more convenience. 22bet has the most extensive markets in comparison to other betting platforms in Nigeria. They have a highly experienced customer support team that is always available to solve any issues that may be encountered.

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. This yet another top football betting app in Nigeria that has very many benefits to offer once you sign up. It’s very reliable and has been in the business for quite a while.

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. 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. Every day 1xBit puts out a new “Accumulator of the Day” list with a number of pre-configured accumulator bets.

Freewallet Nigeria is a secure and convenient crypto wallet designed specifically for Nigerians. It allows users to store, send, and receive various cryptocurrencies, including Bitcoin, Ethereum, and more. With Freewallet Nigeria, you can easily manage your digital assets, send and receive tokens, and even withdraw funds to your bank account.

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.

And the best thing is that 1xBit offers you an option to purchase crypto directly from your player account via various exchanges. The entire process is easy, so even a player new to the crypto world can do it seamlessly. 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.

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.

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. One of the biggest advantages of online betting is that it is available 24/7, allowing players to bet from anywhere at any time.

The rising popularity of football has also led to an increase in the number of viewers who are interested in the World Cup. This global event has the power to unite people and create a sense of camaraderie among football fans. First of all, betting with crypto allows for greater privacy and security. Transactions made with cryptocurrencies are encrypted and anonymous, meaning that your personal information and financial details are kept safe from prying eyes. 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.

The first crypto bookie we recommend is BC.Game – an established platform only dedicated to sports betting. Crypto deposits are processed quickly, and all the altcoins, including Bitcoin, are supported. Others include Ethereum, Dogecoin, BNB, TRON, Ripple, Solana, etc. This platform supports fast deposits and withdrawals, giving you access to your money as soon as a transaction is confirmed on the blockchain.