Why Crypto Gambling Is Popular

Posté le par Philippe Monjanel

Why Crypto Gambling Is Popular

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Welcome offers, which count single bets towards wagering are usually the ones you should go for, given you have any on your radar. 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. 1xBet supports an incredibly wide range of payment solutions, starting with local Nigerian banks and payment gateways all the way to crypto and PerfectMoney.

So, here are some things, which you should better check before making a deposit. 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. Make sure that whenever you are looking at a bonus offer you are also looking at the betting operator as a whole.

Join the team of professionals who make winning bets on sports and execute fast transactions with 1xbit. Then you choose a sport and a tournament, pick a gambling option to bet on, state your stake, and place a bet. The sports betting on the reliable bookmaker’s website is one of the simplest ways to earn money at this stage.

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. Having the above in mind – Nigerian bookmakers are often not in any way worse (and sometimes even better) than some international betting brands.

In the realm of online sports betting, 1xBit shines as a formidable platform, catering to bettors from all corners of the world. Moreover, 1xBit doesn’t just offer vast betting options; it also ensures a secure and seamless betting experience. We can confidently say that 1win is definitely a good place for any sports fan. As a Nigerian player you have nothing to worry about – as we mentioned above, you can use any local bank to top up your account. In addition to that, 1win has something that most local betting sites don’t – they support PerfectMoney. 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.

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. 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.

Do not fixate on one method of betting, as there are numerous other ways. Some of the other options to consider include double chance, both teams to score, draw no bet, over/under goals, live betting, among others. 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 https://linebet-ar.icu/ risks.

  • Having years of experience with numerous bookmakers, Paul is in an excellent position to review and rate sportsbook brands.
  • However, those who employ cryptocurrencies haven’t found any place to do the same kind of highly exciting activity.
  • Furthermore, online betting offers a higher level of security and privacy, as players can bet anonymously and safely with secure payment methods.
  • You might be tempted to think that betting based on the opinion of the majority is the way to go.
  • There has been a constant rise in the number of players who prefer to gamble anonymously.

We suggest going over the Nigerian market’s key characteristics and the most important things to consider when picking a bookmaker. Traditional banking systems often offer avenues for dispute resolution and chargebacks, but these protections are absent in Bitcoin betting. Also, choose reputable platforms with a proven track record of fairness and reliability. As the name suggests, you can only make deposits and withdrawals via crypto.

Afterwards, you have to top up sportsbooks accepting bitcoin with available cryptocurrencies or via fiat methods. The distinctive feature of such platforms is the option to deposit with cryptocurrencies and place bets with bitcoin online. The rates of competitions here are ones of the highest in this market segment. As for a variety of events, it is easy to find competitions that will please not only with an intrigue, but also with high rates. The sports betting is one of the simplest ways to earn money that are accessible to millions of users.

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.

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 when evaluating a bonus offer. If you look only at the percentage and the amount you will likely end up with a bonus, which has unrealistic wagering requirements.

This is a tempting assumption, especially if you’re a beginner in the betting space. Cryptocurrencies have become a part of our everyday life so rapidly, that many people even didn’t notice how it happened. 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.

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. 1Win is a decent sports betting site that has been trusted by hundreds of thousands of players from all over the world. 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.

There is nothing more fun than witnessing the chance to win more as you bet on your favourite games. Crypto betting increases your potential earnings through the higher odds they serve users. Getting started in sports betting is a very simple process and the only thing you need to do is to identify a good betting app where you can sign up. We reviewed dozens of Nigerian betting sites and other operators that accept players from Nigeria and based on our experience we can give the following recommendation.

Additionally, the app offers two-factor authentication and allows users to enable additional security features for added protection. One of the main reasons is its support for cryptocurrencies, including Etherium. As the value of cryptocurrencies continues to rise, more and more people are looking for platforms where they can use their tokens.

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You can also use Naira (₦) as your main account currency, so there will be no hidden exchange fees at any point. 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.

The new player offer consists of four separate bonuses, which all together can potentially add up to 7 BTC. Even though most of us likely can’t afford to get the maximum out of this offer, it is still possible to make good use of it. Let’s take a look at each individual bonus to find out how to get them and how to use them. 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.

You can buy a card with a unique 16-digit code online or at a local store to use in the 1xBet app. This method does not require the transmission of personal information, so you remain anonymous. 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. 1xBit is an online platform that allows users to bet on various sports events, including the World Cup, using cryptocurrencies. To get it all on 1xBit, you need to create an account, deposit your desired crypto, and start placing bets on your favorite teams or events.

Besides being a very popular form of entertainment, sports betting has become one of the income sources among Nigerian sports enthusiasts. Now that technology has taken over the world, most bettors play online, which is why we are presenting you with the best betting sites on the market. The first crypto bookie we recommend is BC.Game – an established platform only dedicated to sports betting.

BIT BOOKMAKER REVIEW

It allows you to increase your first deposit amount by 100% and up to twenty thousand INR per deposit. All you need to do to participate in this promotion is to deposit an amount in the range of INR 100 to your account. The regulatory uncertainty around Bitcoin raises a lot of concerns among users. Actually, some countries have even gone as far as imposing outright bans on Bitcoin.

There are many cryptocurrency exchanges available in Nigeria, such as Freewallet Nigeria, which offers a secure and convenient crypto wallet for Nigerians. What makes xBit different from traditional betting platforms is that it allows you to use cryptocurrencies, such as Bitcoin and Ethereum, to place your bets. This means that you don’t have to worry about the restrictions imposed by banks or the depreciating value of the Nigerian Naira.

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. 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. With the rising cryptocurrency adoption, online gambling has blossomed thanks to non-fiat benefits.

Beware though, if a site offers deposit bonuses or promotions that sound too good to be true — they might be. You might win big on an eSports bet while using Ethereum, but what if the price crashes before you have time to withdraw and convert to fiat? Linebet offers new players from Nigeriaa ₦150,000 to be used on any available events. Accessbet is an original Nigerian betting site, offering new players a 100% bonus up to ₦100,000.

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. The iOS app is not currently available on the app store, so there are a couple of additional steps you need to perform in order to install it. A full guide to installing the Apple application can be found on the official 1xBit website, however you need to have a player account before you can use the app.

The megafaraon casino online gambling enterprise uses a selection of ports, table games, and live dealer options from credible software application companies. BitStarz also incorporates hybrid repayment techniques, enabling gamers to choose in between Bitcoin and typical money for their deals. Learn about the benefits, features, and application process of CoinLoan for securely storing your cryptocurrencies and accessing loans. Start managing your digital assets effectively with CoinLoan in Nigeria today. 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.

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

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

Some will process your payment instantly while others might request you to wait for several hours or even a day. Once you make your deposit, you’ll automatically receive your matching bonus right away. You can do this in the mobile settings in the “security” parameter, where there is such a function. After installation, you can again return this parameter to its value, so as not to put your phone at risk. After signing up you will be prompted to make a deposit and then make your predictions. The predictions you enter gives you a chance to get away huge money that can change your life forever.

Nigerians are eagerly waiting to see their team play and are hoping for a successful campaign in 2022. Buying Ethereum in Nigeria is now easier than ever, thanks to platforms like Freewallet Nigeria. Follow the steps outlined above, and you will be ready to start your Ethereum journey in no time. With our wallet, you can easily send, receive, and convert your cryptocurrencies with just a few clicks.

If the answer is yes, then xBit is the platform you’ve been waiting for. With xBit, you can bet on the upcoming World Cup using cryptocurrencies. However, one notable thing that has made the platform even more popular among players is its support for crypto. 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.

When looking for the right bitcoin betting site to do some esports betting, it’s important to investigate what they offer and see if it fits your needs. That site lists almost all the esports betting sites currently available to residents of Nigeria. This part is straightforward, so we aren’t going to spend a lot of time here.

If you want, you can, of course, go with the “classic” registration form, where you need to verify your email address. Even in that case the entire process will take only around 3 minutes to complete. Freewallet Nigeria takes security seriously and implements various measures to protect users’ funds. These include encryption, multi-signature transactions, and cold storage of funds.

Finally, if all of the above will suit your needs and interests you can start looking at the welcome offer. How to identify a promotion that is fair and actually makes sense and avoid the ones, which will just waste your time and money? 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.

What are Their Withdrawal Limits?

They are also one of the most crypto-friendly betting websites in Nigeria. Although, unlike the two brands we mentioned earlier in this section – Megapari aren’t a crypto-only bookmaker. You can use regular currency and bank transfers, as well as over 20 different cryptos. Cryptocurrency has been a hot topic for many years now and blockchain technologies are being adopted in more industries than ever before.

You will be getting a cashback based on a certain percentage of your losses. The maximum amount you can get as a cashback is ₦30,000, which is quite a generous offer. The Nigerian women’s basketball team, known as D’Tigress, has secured…

Such an approach significantly reduces loading times (even with slower connections) and also reduces overall network usage. 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. TON (The Open Network) is a blockchain platform that attracts users with its scalability, transaction speed, decentralization, and minimal fees. The 2022 World Cup Schedule is highly anticipated by football fans around the world. This prestigious tournament will take place in Qatar, and it promises to be a thrilling event with top teams from various countries competing for the ultimate prize.

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. There have been cases where gambling sites refuse to pay players their deserved earnings because of a network glitch or fraudulent reasons.

How to Use Bitcoin on Betting Sites

Here are the main pros and cons we can highlight after reviewing the platform. If you are thinking about joining this bookmaker, you definitely should know more about this platform and the opportunities it can offer. Therefore, our professional expert editorial team prepared a worthy article with instructions and useful facts about how Nigerian… Cricket is my favorite place to bet and the offer for this sport is excellent. The application is very easy to use and does not take up much space on the phone.

Explore the top wallets with secure staking options, high reliability, and user-friendly interfaces. Start staking your digital assets today and unlock the potential of passive income in the Nigerian crypto market. To carry out everyday transactions with the Tron (TRX) cryptocurrency, invest, trade and staking, you need a reliable, convenient, and most importantly secure crypto wallet. Well-protected storage will help avoid the risk of losing digital assets.

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. 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. It wouldn’t make sense listing a lot of betting sites in this category because virtually every bookmaker focuses on football.

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.

If you have any questions or need assistance, feel free to contact our support team. Two main sports here, soccer and basketball, are hugely popular in the country. When you join any betting website, one of the burning issues is to check which payout methods are available. You can find all the options people use on a daily basis, from bank transfers to USSD.

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 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. Blockchain technology is a highly encrypted network that is theoretically impossible to hack. Crypto gambling gives you more choice over handling your earnings and sorting immediate needs because transactions are extremely fast.

The schedule for the 2022 World Cup can be found on various sports news websites, official FIFA websites, or the official website of the organizing committee. Additionally, the schedule may also be available on betting platforms or apps that offer World Cup betting options. While the World Cup is a time for celebration, it’s also important to consider the financial aspect. With the rising popularity of cryptocurrencies, many people are looking for ways to make their earnings work for them. Freewallet is a secure and convenient wallet that lets users buy, sell, and convert cryptocurrencies such as Bitcoin, Litecoin, and Ethereum. By using a crypto wallet, Nigerians can take advantage of the increasing value of cryptocurrencies and potentially increase their earnings.

Crypto deposits are processed quickly, and all the altcoins, including Bitcoin, are supported. 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?

Crypto betting was designed to check such scenarios because every transaction is automated. People who have used or use Merrybet says it’s one of the best options as far as betting apps in Nigeria are concerned. This yet another top football betting app in Nigeria that has very many benefits to offer once you sign up. To make things simple for you, we are going to look at some of the best online betting apps in Nigeria. The good thing with sports betting is that you don’t need to be rich to get started. You can get started at any time of the day and with any amount you have.

As seen from the above, there are very many sports betting apps in Nigeria and these platforms differ in one way or the other. This is with no doubt one of the leading sports betting apps in Nigeria and they have amazing offers for new individuals who sign up. To attract more players, the platform offers bonuses such as free spins, multi-deposit bonuses and many others.

The schedule will be announced soon, and fans are eagerly waiting to find out which teams will be playing against each other and when. Athletes need optimal joint mobility and flexibility to perform at their best. Regular massages can help loosen tight muscles, release adhesions and improve joint mobility, improving an athlete’s overall performance and reducing the risk of injury. Arsenal manager Mikel Arteta has found himself in a difficult position following the lackluster performances of three high-earning players.

Once you’ve done that, you can deposit your cryptocurrencies into your xBit wallet and start betting. XBit offers a wide range of betting options, so you can choose the ones that suit your preferences. This platform has a UK license, the strongest in the betting business, which clearly confirms the complete security of the site and the application. Once you install one of these apps on your device, you’ll need to register for it. This means that you will need to open a new account in order to make a deposit. You need to be careful here, as most apps suggest choosing a currency to deposit and bet with.

What is great about the best bitcoin betting sites is that players do not disclose their personal information when making payments. You don’t provide anything while moving funds via an offline or anonymous wallet. Before placing bets, one can top up one’s account with several cryptocurrencies, including bitcoin, ethereum, USDT, litecoin, ripple, and other cryptos. The 1xBit online bookmaker, launched in 2016, was one of the first gambling companies to offer sports betting with the most popular crypto. Register on the official website to evaluate all provided advantage and start winning already today.

Some will not allow you to change the selected currency once, while others give you this option freely, as well as the ability to select multiple currencies at once. Hence, you can withdraw your winnings through various payment gateways supported by India. In most cases, you can expect to receive payments between 45 minutes and two hours.

Paripesa covers all football leagues you can possibly think of – starting from the top-tier big ones, all the way to smaller regional and local leagues. On an average a game would have over 200 bet types available, high-profile games might have even more. Sportsbet.io supports Bitcoin (BTC), Ethereum (ETH), Litecoin (LTC), Tether (USDT), Tron (TRX), Ripple (XRP), Cardano (ADA), Dogecoin (DOGE), and AllSports (SOC). Sport bet bitcoin is a chance to check your knowledge and significantly multiply your funds. Much can be said about the importance of cryptocurrencies in the modern world, as they ensure the execution of fast and secure transactions in all parts of the world.

888Starz is a legal MGA licensed software from one of the most trusted gaming institutions in the world. The best part is that the app is based on the most advanced technologies available on iGambling today. Although it accepts players from different countries, its options targeting India are really great. 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. Here are a few of these online betting sites that don’t require age verification. First, make sure that the bookmaker in question actually has what you need in terms of content.

This bookie has got you covered no matter what betting options you seek. It totally makes sense to double-check if the bookie you plan to wager with is safe. Megapari has always been a top bookmaker in Nigeria, with numerous positives that ensure a pleasant experience. It features an excellent pack of promotions, better-friendly desktop and mobile interfaces, rapid payments, competitive odds, and many other tasty options.

All markets are also divided into several different filterable categories and if you know exactly what you are looking for – there is also a search box. 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. 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.

This is why we are going to tell you only about the ones we believe to have the best football game variety and the best odds. Other things like special betting features, live streams, live scores and various promo offers will, of course, also be mentioned. Bitcoin wagering offers numerous advantages, consisting of anonymity, fast deals, and lower charges. By choosing credible gambling enterprises that accept Bitcoin, such as Bitcasino.io, FortuneJack, 1xBit, and BitStarz, gamers can enjoy a secure and diverse gaming experience. Remember to consider variables like track record, video game selection, and perks when choosing a Bitcoin casino. With the expanding appeal of cryptocurrencies, Bitcoin betting has definitely emerged as a compelling and amazing alternative for on the internet bettors worldwide.

All of the articles written by our team members are collected here for your convenience. Each article on this page is unique and was researched by our specialists, who are eager to share their expertise with you. Browse this page at your leisure and use the menu to find what you need. Finally, we thought it might be useful to tell you about their cashback system.

If you are looking for a bookmaker with a low deposit requirement, you might want to check Konfambet – their minimum is just ₦100. Since we’ve already covered apps, we believe it would also be good to tell you a bit about their mobile website. 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.

The website menu has submenus that populate as soon as you move the mouse over the menus. 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.

Additionally, it offers a wider range of betting options, including live betting, in-play betting, and more. 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. Takebet Uganda has completed the list of bitcoin online betting sites in Uganda. Given the high bitcoin price, many gambling platforms offer higher limits for sports betting using BTC compared to traditional online bookmakers.

On this page, you can read reviews of various Nigerian bookmakers written by our team of experts. Take your time and enjoy yourself because the majority of them are very detailed and interesting. 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.

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. 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.

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