Why Crypto Gambling Is Popular

April 24, 2024

Why Crypto Gambling Is Popular

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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. Megapari isn’t a new betting brand, they’ve been around for a considerable amount of time.

  • 1xBet offers betting in all possible shapes and forms – any sport or league you can think of will be offered here.
  • It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games.
  • Just make sure that the name on your player profile exactly matches the name on your bank account.
  • One of the sports, which is very popular among users, is badminton.
  • It offers all major sports including football, tennis, rugby, boxing, golf, racing, and much more.

Both bookmakers aren’t original Nigerian companies, they are well-known international brands. Being in a position like that, allows them to allocate tremendous resources into supporting and developing their mobile website and applications. Nevertheless, we would like to preserve BetPay, not as a sportsbook platform, but as a valuable resource for Nigerian sports fans. A place where you can find information about other betting sites, useful guides and links as well as some exclusive promo codes and bonuses.

This means that all live games are licensed and tested, so you can be sure of the results of the game. It is on 1xBit that players will be able to implement their gaming strategy and win good money. On online casino bitcoin 1xBit players will find games from VIPxBit, Evolution Gaming, 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.

Betwinner – Crypto Payments and Live Video Streams

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 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.

From Africa to Europe: A Journey into Sports Betting

In addition, you will discover excellent promotions and benefits for players and a wide variety of payment options to pick from. 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 some basic criteria to be considered when choosing the best sports betting sites in Nigeria.

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. An additional advantage of cooperation with professionals is the increased rates for these outcomes.

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.

With 1xbit, you’ll be quickly integrated in this market segment and start winning from the first time. 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.

Take a Look at Alternative Options for Betting

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.

The registration process is as easy as it can possibly be – you simply need to enter your email address, your desired password and press the “Register” button. You will then receive an email with a link, which you need to open in order to confirm and verify your email address. This is the last step, so once you are done with this step – you are ready to roll. Founded by Ayo Ojuroye and Kunle Soname, Bet9ja is one of the most trusted brands in Nigeria with millions of customers making more than 20 million bets every month. This is one of the top betting companies in Nigeria as well as one of the most competitive betting sites in the country. Sporty bet is quite large, especially in the African region, as it is available in additional African countries; Tanzania, Ghana, Zambia,  Uganda, and  Kenya.

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.

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.

Online Bitcoin Casino Site 1xBit and Its Benefits

Crypto deposits are processed quickly, and all the altcoins, including Bitcoin, are supported. As the fastest and leading crypto sportsbook, 1xBit is passionate about rewarding players’ efforts in an exciting fashion. The platform provides its users with numerous benefits to maximize the crypto gambling space. Paul Echere – a life-long sports fan with a career in the betting industry. Paul has worked with many betting operators and platform providers since the very early days of iGaming.

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.

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.

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.

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.

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.

Football, basketball, tennis, boxing, hockey — all these and much more are available here in full. When you consider the key factors relevant to betting, you get to make more informed decisions while at it. You can’t afford to place bets based on your emotions for the club you support.

– From 1 July 2022 to 30 June 2023, a club may have a maximum of eight professionals out and eight loaned in at any given time during a season. The registration on the website will take you just a few minutes and then you’ll gain new opportunities that you can easily realize. Margin size 1xBit is from 3-7% depending on the choice of sport and event.

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 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.

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

Actually, you can use more than 40 different cryptocurrencies to deposit and withdraw. 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. Football betting (World Cup betting, the latest 2022 World Cup odds), basketball betting, volleyball, badminton, table tennis, tennis, and other sports betting. Pre-match betting, live betting, getting the best betting odds, predicting the result, bet anytime, anywhere. Using the live streaming section, sports fans around the globe can place their bets online in real time.

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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.

Regarding registration, you only need an email address to register. Hence, your transactions will remain anonymous and your privacy secured. Your privacy is even more secure because some crypto transactions are not directly linked to your personally identifiable information; it is completely anonymous. The underlying technology that operates cryptocurrency is blockchain. Blockchain technology is a highly encrypted network that is theoretically impossible to hack.

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.

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.

You have an option to cash or crash casino 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.

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.

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.

Simply scroll down to the footer of the website and find the “Mobile Applications” button. You will then be forwarded to the applications page, where you need to choose the application you want to download (Android or iOS). Every day 1xBit puts out a new “Accumulator of the Day” list with a number of pre-configured accumulator bets. Choose the one, which you feel has the highest probability of winning and bet on it – your potential winnings will be increased by 10%. The new player offer consists of four separate bonuses, which all together can potentially add up to 7 BTC.

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.

As you can understand there is surely no shortage of betting opportunities here, but let’s also look into what each individual game offers. The number of markets per game is as impressive as the overall number of available games. Of course, lover level games will have less markets, that’s no secret – nevertheless, most games will still have at least 300 different bet types. Together with 1xBit, you will quickly turn valuable information into crypto currency assets. Even if now you have only fiat funds, the reliable bookmaker will help you to exchange them for digital units for faster and easier integration to this platform.

Of course, not all betting operators require a promo code, in some cases it is enough to simply follow one of the partner links. 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. Plus, most of the time, players are not always in possession of those documents. They only want to place bets on their favourite team as quickly as possible without obstructions.

This makes it easier than ever for sports enthusiasts to bet on the outcome of various athletic competitions. The platform is optimized for both desktop and smartphone applications, allowing bettors access to the betting functions anytime and any day. It is important to go for reputable betting sites that will give you enough opportunity to win big. At the same time, provide a service that allows for easy access and convenience.

However, it’s important to note that it’s more difficult to earn encrypted units now. One of the simplest and most expedient ways to do this is the cooperation with the reliable bookmaker 1xbit. 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.

Cryptocurrency Exchanges in Nigeria shows the most accurate live prices, charts and market rates from trusted top crypto exchanges globally.

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.

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. They specialize in cryptocurrency transactions and offer high betting limits for both casino and sportsbook customers. The site features a user-friendly interface and provides 24/7 customer support. This platform is mostly known for its anonymity, so you won’t have to worry about providing documents you don’t wish to provide.

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.

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