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3 Reasons For The Rising Popularity Of Online Sports Betting

3 Reasons For The Rising Popularity Of Online Sports Betting

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If you want to learn more about all of the Bitcoin betting sites mentioned above, visit the website of crypto gambling experts Bitcasinorank.com. 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. Considering that one of the bedrocks that 1xBit stands on is that it focuses on employing just crypto payment methods, you can be assured that payments will be fast. This way, you don’t have to wait for hours to get your withdrawals because they are swift. This is very rare among traditional betting platforms that use bank transfers for payouts.

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, 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. It is an online sports betting site that was established in 2013 with the goal of becoming one of Nigeria’s leading betting sites. Imagine, together with 1xBit you get the opportunity to increase your crypto currency assets, which are so valuable in the modern world, solely thanks to your own knowledge.

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. There have been cases where gambling sites refuse to pay players their deserved earnings because of a network glitch or fraudulent reasons. Crypto betting was designed to check such scenarios because every transaction is automated. 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.

You can use regular currency and bank transfers, as well as over 20 different cryptos. 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.

They only want to place bets on their favourite team as quickly as possible without obstructions. 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. 1win is a fairly well-known betting company that has been around since 2016.

What this implies is that the only payment options offered are cryptocurrencies. In a bid to ensure that bettors have a streak of payment options to pick from, 1xBit offers over 40 cryptocurrencies that can be explored. It would suffice to also add that these payment methods are constantly updated to bring in new cryptocurrencies.

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. In conclusion, the world of online betting in Nigeria is rapidly embracing cryptocurrencies, offering bettors enhanced privacy, faster transactions, and improved security. 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.

Baccarat, Poker, Roulette, and Blackjack are just a tiny part of the 200+ live casino games offered by 1xBit. Players can take advantage of the highest odds on the market and place pre-match or live bets for 40 different sports. Make your predictions on the English Premier League, the Champions League, or the NBA. It includes player favorites such as soccer, basketball, tennis, and baseball, to mention a few. In this guide, we have assembled a list of top betting sites that accept Bitcoin in Nigeria.

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. 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.

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. Take advantage of our hand-picked free bets for the best bookmakers in Nigeria and place multibets on the biggest football games each week. Everything is available, from card games, slots, dice, jackpots, lotteries, and popular table and board games.

They offer different stakes, which means that beginners and experts can join whatever table makes them feel more comfortable in terms of how much money is being disputed. 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. The Oyo State Gaming Board takes charge of regulating gaming activities within Oyo State. It focuses on licensing, monitoring, and ensuring compliance among gaming operators, contributing to a regulated and safe betting ecosystem.

You’ll also check numerous informational blogs to keep you updated. 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. The minimum deposit you have to make in order to activate the offer is 1 mBTC – equal to ~₦18,000.

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 some basic criteria to be considered when choosing the best sports betting sites in Nigeria. 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.

  • Sadly, not all local betting brands play a fair game – there are instances where players are mistreated.
  • Finally, make sure to use up your existing bonus funds before trying to activate the next bonus offer.
  • Its popularity has led to the emergence of many betting platforms in the country, supporting it as a payment method.
  • Also, app users may occasionally get various presents like free bets and deposit bonuses.
  • 1xBet supports an incredibly wide range of payment solutions, starting with local Nigerian banks and payment gateways all the way to crypto and PerfectMoney.
  • When you evaluate your games with this metric, you’d be more cautious in how you place bets.

As we move into 2024, this trend shows no signs of slowing down, with more Nigerian bettors turning to crypto betting sites for their wagering needs. In the realm of online sports betting, 1xBit shines as a formidable platform, catering to bettors from all corners of the world. The mobile app for android and ios was recently launched to give its users more convenience.

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. 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.

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. 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. Visit their website, complete the registration form, and you’re set to start your betting journey. 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.

With the rising cryptocurrency adoption, online gambling has blossomed thanks to non-fiat benefits. Use the exclusive 1xBit promo code “100NGN” to unlock special bonuses and promotions, enhancing your betting experience from the outset. 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. 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.

They have excellent coverage, especially for football and basketball as well as a handy betting app, which works well even on older devices. If you feel like giving 1xBet a chance, we have some good news for you. Of course, as a new player, you will be able to claim a generous 300% welcome bonus, but you get an even bigger one with our promo code. Use our 100NGN promo code on the registration page and get an extra 30% boost to the new player bonus.

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Navigating the regulatory waters of the igaming industry in Nigeria requires a thorough understanding of the various regulatory bodies that govern this space. These organizations ensure that betting platforms operate within legal boundaries, providing a safe and fair environment for bettors. 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.

To register an account on 1xBit, all you have to do is to film just your Email and Password, and just like that, you can fund your account with your wallets. 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.

Bettors and Players Win Together in a New 1xBit Tournament

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. 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 platform is equipped with a huge sportsbook offer that includes all the world’s most entertaining sports and casino games from the best designers in the gaming industry. In addition, you will discover excellent promotions and benefits for players and a wide variety of payment options to pick from.

Having such a rich history in the industry and being considered one of the leading brands – Mozzartbet just has to do things right. Mobile optimization is extremely important, most of us access the internet using our smartphones. Even you, reading this now, are probably doing this on your phone. Having that in mind, it comes as no surprise that you would also want to use your phone to place bets. It is even better, when an online sportsbook has complementary things like live streaming also available on mobile. Being a crypto-friendly betting site is not the only good thing about 1xBit, they are generally a good top-tier bookmaker.

How to sign up for a bookmaker

Also, we will explain the process of depositing and withdrawing your BTC winnings from these sites. 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?

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Are you currently looking forward to what these leagues have got to offer? Then you will be excited about this new tournament currently released by 1xBit. There are plenty of matches and therefore a broad chance to win amazing prizes. 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. Instead, you can utilize these currencies directly, allowing you to maximize their value without losing any of it to conversion fees.

And the best part for investors is that at present, the platform has no competitors. The list is expected to grow in line with the platform’s journey to maturity. Cryptocurrencies have become a part of our everyday life so rapidly, that many people even didn’t notice how it happened.

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. 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. Finally, the Play-off tickets prize draw has 1 winner per place with the 1st place winner emerging with 250 mBTC. 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.

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. Bet9ja is a very simple website with an embedded Google Chrome extension that the user can install on his browser to make payment easier.

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. Users can place bets on sports events, play bingo, and use multiple other betting options.

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 https://odibet.win/ transactions. However, in 2023, the CBN reversed this ban, citing the need to regulate such activities in line with global trends.

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. Have you been involved in crypto gambling, wondering when you’ll win big?

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.

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. We really appreciate that you trust us enough to rely on our expertise when deciding what betting operator to use.

WELCOME BONUSES

This makes it easier than ever for sports enthusiasts to bet on the outcome of various athletic competitions. The professionals always offer the most interesting options of cooperation. Among them, you will definitely find those that you understand well. Football, basketball, tennis, boxing, hockey — all these and much more are available here in full. [dropcap]C[/dropcap]rypto currencies have quickly broken into our lives, and today they are actively used throughout the world. Sports betting is no exception; at this website it is easy to find the competitions which will help you to win and increase your stock of Bitcoins.

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. As the name suggests, you can only make deposits and withdrawals via crypto.

Megapari isn’t a new betting brand, they’ve been around for a considerable amount of time. However, they haven’t ever properly established themselves as a Nigerian sportsbook until mid-2023. Now, all players from Nigeria have an option to use Naira as the main account currency and you can also make deposits and request withdrawals directly to your bank account. Additionally, you can choose between several popular electronic wallets and local payment gateways.

Like crypto transactions, payouts on 1xBit are light-speed transactions with zero fees for every transaction you make. 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. 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 ruling by the FIFA players’ status chamber added that the NFF would be sanctioned if Rohr was not paid in full within 45 days.

At the moment, in order to activate the welcome offer your first deposit has to be at least 1 mBTC. There are four welcome bonuses in total, however you need to use up your existing bonus funds (once you get them) before you will be able to claim the next bonus. Go to 1xbit.com and press the registration button on the top of your screen. You will need to enter your email address (make sure it is correct) and the password you want to have. Once you submit the registration form, an email with a verification link will be sent to your email address.

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. Using the live streaming section, sports fans around the globe can place their bets online in real time. Bitcoin betting 1xbit.com is an opportunity to quickly convert your own knowledge of cryptocurrencies into a real gain.

However, if you don’t have any crypto in your wallet, they have a feature where you can use MasterCard, Visa, Google Pay, and Apple Pay to buy crypto. If you have a problem with your crypto payments, you can always use their friendly customer support service. Among the standout features of 1Win Nigeria is its sports library. Another particularly impressive fact about betting at 1xBit is the fact that registration is super easy.

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.

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. 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.

However, you have to remind yourself that no single strategy will always work in the betting scene. You must find a way to evolve your strategies and welcome new ones. If your team doesn’t stand a chance to win, don’t let the emotions lead you to bet on their victory. With careful estimations, you can make monetary gains from staking. This is achieved by combining Blockchain technology and insurance to give investors a way to insure themselves from losses in the cryptocurrency market.

The 1xBit playground can be recommended to beginners and experienced gamblers alike. The user needs to choose a convenient cryptocurrency and then click “Register”. Do not fixate on one method of betting, as there are numerous other ways.

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. There is nothing more fun than witnessing the chance to win more as you bet on your favourite games.

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. 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.

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