Why Crypto Gambling Is Popular

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Why Crypto Gambling Is Popular

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However, they haven’t ever properly established themselves as a Nigerian sportsbook until mid-2023. Additionally, you can choose between several popular electronic wallets and local payment gateways. Having the above in mind, if you are also a sports betting enthusiast, you might want to have a good “go-to” crypto-friendly sportsbook. We picked the two best, in our opinion, crypto-friendly betting brands among many other local betting sites.

If you are into sports, enjoy betting and live in Nigeria – you will definitely find this useful. Here are a few of these online betting sites that don’t require age verification. Take advantage of the exclusive Betwinner promo code “100NGN” for special bonuses and offers, enriching your betting experience from the get-go. Mozzartbet is truly a unique case when it comes to mobile betting platforms. Most bookmakers only have an Android application and iOS users will be forced to use the mobile website.

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  • The underlying technology that operates cryptocurrency is blockchain.
  • It also needs to be secure and legal, with adequate protection against fraud.
  • It is even better, when an online sportsbook has complementary things like live streaming also available on mobile.
  • Phone support is always a good addition to any service, as it shows that the company is willing to listen to its customers.

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 cash or crash last results, 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.

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. 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. 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. 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 gambling inherits this advantage because every transaction is processed through blockchain – an trusted system. Traditional betting sites which accept debit cards and fiat transactions lack this security feature. Non-crypto gambling sites are also prone to human-made errors like cyber intrusion and may cause you to lose money. Compared to the two betting companies that we already mentioned above, 1win is not as big and known.

What Makes Bangbet a Winning Choice for Bettors? 20 Key Factors Unlocked!

In online casinos, users don’t need to leave their rooms to feel the thrill of placing bets or playing live table games. 1xBit has a massive selection of sports betting options, including popular sports such as football, basketball, tennis, and esports. The casino section features games from top providers, with over 5,000 slots and various table games like blackjack, roulette, and baccarat. Bitcoin lottery 1xbit offers a wide choice of forecasting options and high odds. Here, bets are accepted exclusively in crypto currencies and the winnings are withdrawn in a similar way. Together with 1xbit.com – bitcoin odds feature you can significantly and easily increase your own crypto currency funds.

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.

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.

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.

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

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. 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.

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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Being fully in charge of your own money is becoming increasingly popular and cryptocurrency is one of the best ways to achieve that. 1xBit allows you to use your virtual assets to fuel your sports betting hobby. You don’t need to give anyone a share or pay any extra taxes that don’t make sense – your money belongs to you. 1xBit is one of the best Nigerian betting sites that accept bitcoin and other cryptos, they have a lot of options for you to fund your account and withdraw your winnings. You can use over 40 different currencies and 1xBit also gives you an option to buy crypto via a number of different exchanges directly from your player account. The entire process is simplified beyond belief, so even a person who had never bought crypto before will be easily able to do it here.

It attracts fans with its simple and clear rules, which facilitates their understanding. We’ve compiled the best free bets available from bookmakers operating in Nigeria. The regulatory uncertainty around Bitcoin raises a lot of concerns among users.

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.

For example, you can lose the private keys that give you access to your funds. And then there is phishing, hacking, and all the other attempts to get control by fraudulent means. This means that the amount of Bitcoin you deposit into your betting account could decrease in value before you have a chance to place your bets. You are at the mercy of Bitcoin’s volatile market; therefore, you should always take extra care when using it to bet. However, you must deposit at least 0.001 BTC to activate this offer. If you have a problem with your crypto payments, you can always use their friendly customer support service.

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.

Crypto gambling gives you more choice over handling your earnings and sorting immediate needs because transactions are extremely fast. The site is available in many countries, thanks to the mobile version you can play from a smartphone or tablet. The 1xBit website has more than 35 language versions, which means that players from outside the English-speaking segment will be able to play comfortably. If you will create a new account using our code, it will give you an extra 30% boost to your welcome offer if you decide to claim it. The Oyo State Gaming Board takes charge of regulating gaming activities within Oyo State.

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. It is an online sports betting site that was established in 2013 with the goal of becoming one of Nigeria’s leading betting sites. 22bet, which has a similar website to Melbet, provides customers with the ability to place live bets against other users. The live broadcast allows users to watch sporting events unfold in front of their eyes via webcams installed in various locations worldwide.

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.

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. New users can enhance their betting experience with the exclusive 1win promo code “100NGN,” unlocking special bonuses and promotions. 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.

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.

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.

Thanks to 1xBit bitcoin bet, it’s easy to make them one of the main sources of your income. As with anything you sign up for, you want to make sure that you are getting what you signed up for. Here are some handy tips you can follow when signing-up for a bookmaker. Don’t miss the latest free bets and offers for the newest online sportsbooks in Nigeria.

You will likely see Paripesa being mentioned quite a few times going forward and that is largely related to the quality of their betting product. Their betting website is tailored specifically for Nigerian sports betting enthusiasts, it has pretty much everything you might need on a daily basis. As you may have already guessed – they have an impressive football betting section.

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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.

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. Unlike traditional payment methods, once a Bitcoin transaction is initiated, it cannot be undone, leaving players vulnerable to unfair practices or disputes. If a sports betting platform engages in dishonest behavior or fails to honor winnings, bettors may find themselves with limited options for recourse. 1xBit is another Nigerian betting platform that accepts Bitcoin and other virtual currencies.

You will not be asked to undergo identity verification and lose your privacy compared to other betting sites. In case of any questions or doubts, you can always get in touch with one of the support agents 24/7. For example, in February 2021, the Central Bank of Nigeria (CBN) issued a directive banning commercial banks from engaging in cryptocurrency transactions. However, in 2023, the CBN reversed this ban, citing the need to regulate such activities in line with global trends. Bitcoin offers several benefits, including anonymity, fast transactions, and low fees.

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

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. It also needs to be secure and legal, with adequate protection against fraud.

Therefore, you should separate your love for sports from your desire to make returns from betting. To calculate the quality of certain odds, you should consider the possibility of winning the game based on the said odds. That is, before you choose to go ahead with a particular odd, you should find out that the potential rewards outweigh the risks. When you evaluate your games with this metric, you’d be more cautious in how you place bets. There is also the availability of over 40 cryptocurrencies to choose from while surfing the crypto betting site.

One commendable feature of Nairabet is the fact that bets can be edited after they have been placed. Their high-end website interface gives a wonderful user experience when using the website and app. You might be tempted to think that betting based on the opinion of the majority is the way to go. If your team doesn’t stand a chance to win, don’t let the emotions lead you to bet on their victory.

The minimum deposit you have to make in order to activate the offer is 1 mBTC – equal to ~₦18,000. Your bonus funds will be valid for 30 days and you have to wager them 40 times before they get converted to your real-money balance. The minimum odds requirement for wagering is 1.60 – single bets also count towards wagering. This site has long been established as one of the best sports betting sites in Nigeria. They provide people with prices that are much lower than other sites. They have learned that giving customers better odds means more real winners.

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.

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For example, you can easily watch all live game streams, play all bonus mini-games and access all additional content like game trackers and score centers. The app is available only for Android devices, so if you are an iPhone owner, you can stick with the mobile website. Regardless of whichever one you end up using – you will have access to absolutely all features that the desktop website has. 1xBet offers betting in all possible shapes and forms – any sport or league you can think of will be offered here. In addition to an impressive level of coverage, there is also a live stream functionality that will allow you to actually watch the game you are betting on.

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.

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.

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.

The information here is updated in real time, which opens up broad prospects for ordinary users. 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.

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.

You will get a 30% increase to the base welcome offer and some additional bonuses along the way. 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. The first crypto bookie we recommend is BC.Game – an established platform only dedicated to sports betting.

One of the best things about BetBonanza in our estimation are their promo offers. Unlike most bookmakers, BetBonanza are constantly switching things up. They remove some offers, add new ones, update existing ones, so it’s never boring or monotonous.

Ticket Rush is one of the many tournaments designed by 1xBit to help players profit from their passion while enjoying the World Cup. With 1xBit, you can rest assured about sumptuous prizes that make your gambling experience worthwhile. There is nothing special you need to do in order to claim the welcome bonus – your deposit just has to meet the set requirement. At the moment, in order to activate the welcome offer your first deposit has to be at least 1 mBTC.

We compile daily big odds multibets for you to bet on with multiple operators. Discover the best brands, the best free bets and the best multibets. Should you be lucky and win some money, the reverse process of cashing out is also straightforward. 1xBit has created Ticket Rush with numerous fanciful prizes that could change your entire gambling experience.

You have an option to ensure part (10%, 30%, 50%, etc.) of your bet for an additional payment to secure your stake if your bet happens to lose. Let us illustrate that with an example – you placed ₦200 bet with the odds of 2.00 and now you want to ensure 100% of your stake. You can pay a ₦50 insurance fee, which will be taken from your balance. You might have already seen in the beginning that 1xBit has a welcome offer for new players, we are going to talk about it in more details here. They also have offers for existing active players, so even if you already used up your welcome bonus funds, there is usually something to look forward to.

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.

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. Store your virtual assets, use it for betting and withdraw to other wallets.

You are going to be fine even if you will not use their app – the mobile website is well-optimized and will work without any issues even on older devices. All features that you would have access to in applications are also available on the mobile website. The main difference is data and resource usage, however if you have a fast and stable connection and a relatively modern device – you have nothing to worry about. You can buy and store over 30 different coins and tokens in your Cloudbet account, all popular and on-demand currencies are also being added regularly.

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.

While the sports gambling section is highly popular, the casino games one is even more visited every day. 1win is a fairly well-known betting company that has been around since 2016. They operate in a number of countries including Nigeria, where they already have a strong presence and an impressive player base. 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. 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.

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