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Why Crypto Gambling Is Popular

Why Crypto Gambling Is Popular

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The next thing you might want to pay attention to is the minimum odds requirement. 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. Mobile optimization is extremely important, most of us access the internet using our smartphones. Having that in mind, it comes as no surprise that you would also want to use your phone to place bets.

Although gamblers have been bypassing this through the use of e-wallets and cryptocurrencies to add a new layer of protection to players’ financial data. The short answer is yes, Mozzartbet is definitely a good choice for any Nigerian betting enthusiast. First of all, they have a valid Nigerian license issued by the Oyo State Gaming Board.

As you may have already guessed – they have an impressive football betting section. Well designed interface and the detailed line of events make it easy to find exactly what you know best. Moreover, convenient work is ensured both when using a PC and a mobile phone. Here, forecasts are accepted not only on popular outcomes of confrontations, but also on really specific ones, which opens up wide opportunities for ordinary bettors.

This made them turn to online bookmakers that don’t require age verification. This will help them avoid becoming a victim of fraudulent activities or poor gambling experiences. 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.

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. 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. 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.

Make sure that whenever you are looking at a bonus offer you are also looking at the betting operator as a whole. Any given day you will see over 1500 football games being open for betting, quite often that number will be nearing 2000. As you can understand there is surely no shortage of betting opportunities here, but let’s also look into what each individual game offers.

This tournament offers you the avenue to stay on top of the game, enjoying fascinating matches and securing impressive prizes. Everything is available, from card games, slots, dice, jackpots, lotteries, and popular table and board games. Have you been involved in crypto gambling, wondering when you’ll win big? You don’t even have to travel down to watch the match before earning some funds. All you need to do is participate in Ticket Rush, the latest 1xBit tournament, and you might just be one of the many lucky winners.

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. 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. 1xBit did a great job at making their website as mobile-friendly as possible.

Even though you are likely familiar with most things here – let’s still take a quick look around. 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.

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. 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. 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.

Helabet is a locally licensed sportsbook with a ₦100,000 welcome offer for Nigerians. 1xBet offer a sweet ₦100,000 welcome bonus to all new players from Nigeria. If the wagering requirement is too high you are likely to lose all your bonus money by the time you fully wager it, so as you can see this is one of the key factors here. There has been a constant rise in the number of players who prefer to gamble anonymously.

Furthermore, online betting offers a higher level of security and privacy, as players can bet anonymously and safely with secure payment methods. Moreover, the competition between online bookmakers has led to more generous bonuses and promotions, which attract new players and keep existing ones coming back. The minimum deposit you have to make in order to activate the offer is 1 mBTC – equal to ~₦18,000.

As you may have seen already, there are a lot of sport betting sites that accept Bitcoin in Nigeria. Even though many offer this option, the quality of the service you receive may drastically differ. Cryptocurrency transactions, at times, may involve pretty large fees or if you aren’t experienced may fail causing you to lose your funds. This 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.

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. Don’t miss the latest free bets and offers for the newest online sportsbooks in Nigeria. Ticket Rush is one of the many tournaments designed by 1xBit to help players profit from their passion while enjoying the World Cup.

Your privacy is even more secure because some crypto transactions are not directly linked to your personally identifiable information; it is completely anonymous. Crypto gambling gives you more choice over handling your earnings and sorting immediate needs because transactions are extremely fast. Intertops is a famous international brand, who offer a 100% welcome bonus up to $200. Bet9ja is an original Nigerian brand, who give their new players up to ₦100,000.

  • The short answer is yes, Mozzartbet is definitely a good choice for any Nigerian betting enthusiast.
  • They operate in a number of countries including Nigeria, where they already have a strong presence and an impressive player base.
  • Don’t miss the latest free bets and offers for the newest online sportsbooks in Nigeria.
  • 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.

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.

All transactions at 1win are carried out in US Dollars ($), however you can use Nigerian banks to top up your account, so you don’t need to convert anything yourself. There are a number of things, which make Bangbet stand out among many other betting sites. The main thing we would like to highlight is their minimum stake requirement, which is only ₦50. Not everyone can afford placing bigger bets and some of us only bet for fun, hence don’t need to place large bets at all. 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. If you sign up for the loyalty program, you will get up to 11% cashback.

How to sign up for a bookmaker

Margin size 1xBit is from 3-7% depending on the choice of sport and event. The player is automatically assigned a number, which can be sent to e-mail or just downloaded a picture. This means that anybody who visits and makes use of the services offered by 1xBit, will receive a top-quality experience.

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. Finally, make sure to use up your existing bonus funds before trying to activate the next bonus offer.

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. This is achieved because they have been developed by expert studios, who have years of experience in developing this kind of forms of entertainment. 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.

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However, not all of them can offer you the services you need for an amazing betting experience. Therefore, you should consider websites that make betting cost-effective and easy to navigate. 1xBit stands out in this regard, as the platform allows you to maximize your winnings in crypto with any of 40+ sports from football to politics! This is in addition to being eligible for up to 7 BTC welcome bonuses for the first 4 deposits.

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. 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. Here are a few of these online betting sites that don’t require age verification.

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.

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. 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.

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. 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.

Wagering requirements – probably the most important thing when it comes to bonuses. This is the amount of money you have to “roll over” before your bonus turns into real withdrawable money. One of the first things to capture your attention when you look at a bonus offer is of course the percentage (100%, 200%, etc.) and the amount. This is certainly important to an extent, however there are much more vital things to take into account https://tr-1xbet.icu/ when evaluating a bonus offer.

They are user-friendly and don’t have any hidden fees, so even if you are new to crypto – you shouldn’t have any difficulties here. Cloudbet also offers a generous welcome bonus and ongoing promotions for their players. With a license from the government of Montenegro, Cloudbet ensures safe and fair gaming. They have a large selection of games from top software providers and offer fast and easy withdrawals. Cloudbet’s focus on cryptocurrency and high betting limits makes it an attractive option for high rollers and those looking for a unique betting experience.

One thing that makes Ticket Rush worth its name is the number of people eligible to participate. Additionally, there’s a long list of prizes, making the tournament meaningful for many. 1xBet operates only using cryptocurrencies, so there is no single minimum deposit limit because this may vary depending on the virtual assets you want to use. The 1xBit playground can be recommended to beginners and experienced gamblers alike.

How to identify a promotion that is fair and actually makes sense and avoid the ones, which will just waste your time and money? 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.

This saves you quite a bit of time, especially if you are just looking to browse around. 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.

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. The Individual match ticket prize draw has 1 winner per place, with the 1st place winner going home with 500 mBTC.

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. People seek out no-verification betting sites mostly because they want to make a quick bet on a platform without having to upload several documents to a website.

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 registration on the website will take you just a few minutes and then you’ll gain new opportunities that you can easily realize. This website is using a security service to protect itself from online attacks. There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. STAKEGAINS is the best free football predictions website & with the most accurate soccer predictions in the world.

Most people only read the headline of “100% bonus up to whatever amount of NGN” and then simply go for it. They don’t actually pay any attention to the conditions you have to fulfill in order to make use of those bonus funds. 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.

Together with us, you can follow the development of events in a convenient format and convert your knowledge into profit. A multibet is a popular bet with many who bet on sports because it allows them to bet on the outcome of multiple matches throughout a day or week. There are many different types of bets you can place including a single, double, treble four-fold and multibet. A multibet is a bet with over five selections and will have tend to have higher odds than a single bet. For the Individual match tickets prizes, the 1st place winner will emerge with 500 mBTC. 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.

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. 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.

There is no reason to doubt why a crypto betting site should have better odds than betting sites that accept fiat currencies. The reasons are simple, as stated earlier, cryptocurrency is automated and has no middlemen. These inherent merits reduce operational costs for the crypto gambling sites enabling them to be able to increase their odds and still maintain profits. It is no secret that banks do not operate during out-of-work hours and on the weekends, but cryptocurrency offers a 24/7 service.

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. You might be tempted to think that betting based on the opinion of the majority is the way to go.

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. 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.

Bitcoin betting sites 1xBit offers a lot of interesting variants of bets, including classical forms, total, ordinary, express and many other things. 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. Every successful bet is a chance to double your own funds and multiply your cryptocurrencies that have a high value in the modern environment.

Here people can enjoy an experience very similar to what is offered by real-life casinos, for this reason, it is always a good idea to give 1xBit poker bets on website a try. 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. Crypto betting sites can allow people from anywhere worldwide to access their services with no constraints on Forex transactions.

1xBit has quite an impressive new player welcome offer if you look at it from a monetary perspective. In order to activate each one of the four available bonuses, you have to deposit 1 mBTC or more – this is equal to ~₦18,000. This is quite a lot and we are aware that not all players will be able to afford it, however Bitcoin is volatile and the equivalent Naira value might change over time. Betting is a very popular way not only to have a good time, but also to win good money.

Despite having a strong start in the industry, not everything went as planned and BetPay had to stop taking bets. With multiple prizes for all participants, you can book your tickets to the big rewards with a bit of luck. Betting on the top football leagues is always exciting, but with 1xBit’s Super Six tournament, it gets even better. 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. In that case, you will love to hear that 1xBit provides its customers with numerous live markets for goals, bookings, Asian Handicaps, etc.

An additional advantage of cooperation with professionals is the increased rates for these outcomes. Take advantage of our hand-picked free bets for the best bookmakers in Nigeria and place multibets on the biggest football games each week. First things first – the tournament is only available to registered 1xBit members. Head to the offers page, click on the banner, and you’re ready to start. All you need to do is bet on the six big European football leagues – the Bundesliga, Ligue 1, Premier League, La Liga, Serie A, or Primeira. Participating in 1xBit’s Ticket Rush is all you need to have a fun World Cup experience.

When you consider the key factors relevant to betting, you get to make more informed decisions while at it. 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. The list is expected to grow in line with the platform’s journey to maturity.

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. Even if the bonus offer is generous and fair, the bookmaker you registered with doesn’t have the sports, leagues and markets you like – there is no point in wasting your time.

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. The way 1xBit built their mobile website almost guarantees short loading time and low traffic usage. Your browser will cache those interface elements, so they will not have to be loaded over and over again every time you move to a different page. The minimum amount you can withdraw is around ₦2,000, when converted.

If you look only at the percentage and the amount you will likely end up with a bonus, which has unrealistic wagering requirements. 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. There are a number of different things, which you might want to first consider and check before claiming the bonus offer.

Let’s take a look at each individual bonus to find out how to get them and how to use them. The greatest choice is given in such sports as hockey, basketball, tennis, volleyball. The user needs to choose a convenient cryptocurrency and then click “Register”. Sometimes, you might find it difficult to stop using a betting strategy, especially if you took your time to come up with it.

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. 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 help soccer lovers who want to get more than just being a fan make great earnings from our evergreen predictions. The underlying technology that operates cryptocurrency is blockchain. Blockchain technology is a highly encrypted network that is theoretically impossible to hack. Sports betting has become a global phenomenon, captivating enthusiasts across…

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. In the realm of online sports betting, 1xBit shines as a formidable platform, catering to bettors from all corners of the world. 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.

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. Bangbet has a mobile app, which you can download on their official website, when you access it from your phone. The app gives you access to the same features as the mobile website, with the only difference that it uses less traffic and loads quicker. Also, app users may occasionally get various presents like free bets and deposit bonuses. Integrating all of the above payment options to fit the local betting landscape is not the only thing Megapari are noteworthy for.

In addition, you will discover excellent promotions and benefits for players and a wide variety of payment options to pick from. Overall, BetOnline.ag is a great choice for anyone looking for a diverse and trustworthy online gambling platform. Super Slots is an online casino established in 2020 that offers a variety of casino games, including slot machines, table games, and live dealer games.

Discover the best brands, the best free bets and the best multibets. All Nigeria Football is the best football prediction site that can give accurate football prediction and today soccer prediction. Instead, you can utilize these currencies directly, allowing you to maximize their value without losing any of it to conversion fees. Even more, 1xBit is constantly looking for relevant partnerships and new coins to add. 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.

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