Why Crypto Gambling Is Popular

Why Crypto Gambling Is Popular

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In online casinos, users don’t need to leave their rooms to feel the thrill of placing bets or playing live table games. Nowadays, we can now find best online casinos that payout as well as online betting sites that won’t ask you for your age verification before/after players gamble. There are some basic criteria to be considered when choosing the best sports betting sites in Nigeria. The best betting sites will be the ones that offer fascinating features such as bonuses and promotions. The ease of use on such platforms is also important since you want a website that is easy to navigate.

  • Established in 2004, it has become one of the most reputable and reliable online gambling destinations, particularly for US players.
  • There is a fairly large section of cybersports, where you can also place bets.
  • As a new player, you will be given a 100% bonus up to ₦100,000 for your very first deposit.
  • Bitcoin lottery 1xbit offers a wide choice of forecasting options and high odds.

MyStake is also known for its fast and reliable payment processing, with options for instant deposits and withdrawals through various payment methods, including cryptocurrency. The casino offers attractive bonuses and promotions to both new and existing players, making it a popular choice among online gambling enthusiasts. BetOnline.ag is an online gambling site that offers a wide range of betting options, including sports betting, casino games, poker, and horse racing.

Bettors and Players Win Together in a New 1xBit Tournament

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. – Finally, from 1 July 2024, the same configuration will apply but is limited to a maximum of six professionals. – From 1 July 2023 to 30 June 2024, the same configuration applies but with a maximum of seven professionals. – 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.

Playing here is the simplest way to earn cryptocurrencies to make new secure transactions with minimal expenditures. Take advantage of the exclusive Betwinner promo code “100NGN” for special bonuses and offers, enriching your betting experience from the get-go. 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.

Modern Bitcoin Casino

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

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. The 1xBit playground can be recommended to beginners and experienced gamblers alike. The user needs to choose a convenient cryptocurrency and then click “Register”. This is one of the top betting companies in Nigeria https://1xbet-giris.xyz/ 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.

This betting site offers a wide range of deposit and withdrawal options. Likewise, a large variety of events with six minutes payouts, support in multiple languages, and a wide range of betting events. 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.

Cross-Border Payment

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. 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.

1xBit doesn’t charge its players any transaction or withdrawal fees. 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. 1xBit currently offers a mouthwatering welcome bonus offer that allows new users to enjoy as high 7 BTC on 1-4th deposits. With this impressive amount of bonus offered, you are given a chance to play for massive winnings without necessarily spending from your funds. It is an online sports betting site that was established in 2013 with the goal of becoming one of Nigeria’s leading betting sites.

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. 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. You can make bets on 1xBit using over 40 supported cryptocurrencies. It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games.

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. 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.

We picked the two best, in our opinion, crypto-friendly betting brands among many other local betting sites. 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. Founded in 2009 by Akin Alabi, Nairabet is one of the oldest betting sites in Nigeria.

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. There are a number of things, which make Bangbet stand out among many other betting sites.

The entire process is easy, so even a player new to the crypto world can do it seamlessly. The first crypto bookie we recommend is BC.Game – an established platform only dedicated to sports betting. Crypto deposits are processed quickly, and all the altcoins, including Bitcoin, are supported. Betting is a very popular way not only to have a good time, but also to win good money.

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. 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.

The Oyo State Gaming Board takes charge of regulating gaming activities within Oyo State. It focuses on licensing, monitoring, and ensuring compliance among gaming operators, contributing to a regulated and safe betting ecosystem. Finally, we believe it is important to mention the technical side of things.

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.

One of the simplest and most expedient ways to do this is the cooperation with the reliable bookmaker 1xbit. Like crypto transactions, payouts on 1xBit are light-speed transactions with zero fees for every transaction you make. If you are using a crypto gambling site, you can easily check your balance, and when you withdraw, your earnings are automatically released to your chosen wallet. Crypto gambling has been a constant trend because crypto transactions are inherently fast. Cryptocurrencies were developed to bypass the need for intermediaries, which is why it can take only a few minutes to an hour to transact in crypto.

Best Crypto Betting Sites in Nigeria in 2024

The approach proposed by ODUWA should provide benefits way beyond the platform. The concept can stabilize the crypto market by limiting the volatility that has to a great extent crippled its growth. And the best part for investors is that at present, the platform has no competitors. This is achieved by combining Blockchain technology and insurance to give investors a way to insure themselves from losses in the cryptocurrency market. There has been a constant rise in the number of players who prefer to gamble anonymously. 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.

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.

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. 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.

At the moment, thousands of users from around the world have appreciated these benefits. They include high level of security, security of transactions, and their stable speed. Thanks to this approach, the transactions become more profitable and do not imply a lot of additional expenses. With it, you won’t have problems with the fiat currency exchange, as the bookmaker solves this problem. With 1xbit, you’ll be quickly integrated in this market segment and start winning from the first time.

Store your virtual assets, use it for betting and withdraw to other wallets. 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. 1xBet supports an incredibly wide range of payment solutions, starting with local Nigerian banks and payment gateways all the way to crypto and PerfectMoney. All of the above means that Naira (₦) is the main currency for depositing, betting and withdrawing your winnings. This platform supports fast deposits and withdrawals, giving you access to your money as soon as a transaction is confirmed on the blockchain.

They remove some offers, add new ones, update existing ones, so it’s never boring or monotonous. You can buy and store over 30 different coins and tokens in your Cloudbet account, all popular and on-demand currencies are also being added regularly. This is always a tough question to answer and each one of you will need to find the best betting site for yourself, based on what you are interested in.

They only want to place bets on their favourite team as quickly as possible without obstructions. Use the exclusive 1xBit promo code “100NGN” to unlock special bonuses and promotions, enhancing your betting experience from the outset. As we already said above, BetBonanza have been operating in Nigeria for almost a decade and they were able to build a trustworthy reputation in the local betting community. Sadly, not all local betting brands play a fair game – there are instances where players are mistreated. We haven’t seen any proven claims of unethical behavior that would relate to BetBonanza and that actually means something. 1xBet is one of the most recognized betting brands in the world, even people who are not into sports or betting have heard about them.

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. New users can enhance their betting experience with the exclusive 1win promo code “100NGN,” unlocking special bonuses and promotions. Bangbet has a mobile app, which you can download on their official website, when you access it from your phone.

Visit the 1xBit website, follow the simple registration steps, and you’re ready to start betting with cryptocurrencies. 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.

The site features all the popular sports including soccer, tennis, basketball, boxing, and more. 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.

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.

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 will get a 30% increase to the base welcome offer and some additional bonuses along the way. Net Entertainment brings us Twin Spin, you should be able to find a casino that will take your payment. Explore the best free bets and bookmaker offers for Nigerian bookmakers and start playing instantly with world leading bookmakers today. Players can take advantage of the highest odds on the market and place pre-match or live bets for 40 different sports.

Yusuf Otubanjo fires hat-trick in big win

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. Join the professionals right now in order to see that here you can count on big winnings every day and earn thanks to your luck and logic.

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.

It also needs to be secure and legal, with adequate protection against fraud. As we move into 2024, this trend shows no signs of slowing down, with more Nigerian bettors turning to crypto betting sites for their wagering needs. In the realm of online sports betting, 1xBit shines as a formidable platform, catering to bettors from all corners of the world. The platform is equipped with a huge sportsbook offer that includes all the world’s most entertaining sports and casino games from the best designers in the gaming industry. In addition, you will discover excellent promotions and benefits for players and a wide variety of payment options to pick from.

In that case, you will love to hear that 1xBit provides its customers with numerous live markets for goals, bookings, Asian Handicaps, etc. 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. 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.

Including casino games, live betting, casino games, slots, and bonuses on all products. Betway Nigeria offers a variety of sports products such as football betting (UEFA Champions League, English Premier League, and German Bundesliga). Additionally; tennis (Paris Masters ATP 500 and WTA Finals), cricket (Natwest T20 Blast and BBL), F1, rugby (Six Nations Championship), basketball (NBA) and hockey (NHL). 1xBit is an online sportsbook and casino that offers an extensive range of betting markets, including sports betting, live casino games, slots, and other casino games. The site is known for its anonymous and fast registration process, allowing users to bet and play without providing personal information. Cloudbet is a well-established online casino and sportsbook that offers a wide range of betting options.

These inherent merits reduce operational costs for the crypto gambling sites enabling them to be able to increase their odds and still maintain profits. 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. 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.

On online casino bitcoin 1xBit players will find games from VIPxBit, Evolution Gaming, XPG, Lucky Streak and many other famous creators. 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. There is nothing more frustrating than betting at a site that has too many glitches. Likewise is filled with advertisements popping up all over the screen. Imagine, together with 1xBit you get the opportunity to increase your crypto currency assets, which are so valuable in the modern world, solely thanks to your own knowledge.

Crypto gambling gives you more choice over handling your earnings and sorting immediate needs because transactions are extremely fast. 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. The ruling by the FIFA players’ status chamber added that the NFF would be sanctioned if Rohr was not paid in full within 45 days.

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. With this in mind, Merrybet has all the major events covered, including European football leagues, tennis highlights, horse racing, etc. They’ll only receive the best offers, so there’s no chance of them being outbid by other punters. The crypto gambling niche expands increasingly, offering its players advanced experience and top security.

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. It is common practice for bettors to check across different betting platforms to see the one that offers the highest odds. This is one key factor that determines where they place their bets. As such they offer very high odds that give you a chance to win big when betting.

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 introduction of a new regulatory framework for players is another important step in the context of the wider reform of the transfer system, the process of which began in 2017. Initially planned to start in July 2020, the implementation of the new rules had to be delayed as a consequence of the COVID-19 pandemic. They will be submitted to the FIFA Council for approval at its next meeting with a view to their entering into force on 1 July 2022.

1xBet holds a valid Nigerian license and that means – 1xbet registration in Nigeria is open for all local sports fans. In addition, when you open a betting account, you gain access to a multi-currency account. You have the freedom to select whichever coins and tokens you prefer and easily switch between them. Among the most popular options, there are, of course, Bitcoin, Ethereum, Litecoin, XRP, USDT, Dogecoin, and many others.

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. Having touched on what the Big Leagues Streak entails, let’s take a clear look at some of the benefits of betting at 1xBit. Are you currently looking forward to what these leagues have got to offer? Then you will be excited about this new tournament currently released by 1xBit.

All new members on 1xBit are eligible to get up to 7 BTC as a welcome bonus for the first four deposits. 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.

Another attractive factor about betting at 1xBit is the range that the sportsbook offers. With 1xBit, you are not restricted to betting on a few sports because there isn’t a range of options featured. Instead, the sportsbook offers a robust range of options from NBA to NHL leagues, with games covering a wide spectrum of options to bet on. 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.

In addition to that, 1win has something that most local betting sites don’t – they support PerfectMoney. Below you will find a list of websites that we have blacklisted for a variety of reasons, there is a robust customer service system in place for players. The video slot screen contains twenty win lines and 5 reels, with millions of players from around the world enjoying the thrill and excitement of online gambling.

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.

Make sure you read the terms and conditions carefully to find out what the minimum deposit amount is, but it manages to lift the spirits due to its progressive jackpot feature. If you sign up for the loyalty program, you will get up to 11% cashback. 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.

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

Additionally, there’s a long list of prizes, making the tournament meaningful for many. ♦ Players aged 21 and younger and club-trained players will be exempt from these limitations. The site is available in many countries, thanks to the mobile version you can play from a smartphone or tablet. The 1xBit website has more than 35 language versions, which means that players from outside the English-speaking segment will be able to play comfortably.

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. 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. Bitcoin offers several benefits, including anonymity, fast transactions, and low fees. However, it also comes with inherent risks that Nigerian bettors should be aware of.

As the name suggests, you can only make deposits and withdrawals via crypto. 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. Another thing that has made 1Win popular among Nigerians is its support for crypto transactions.

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 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. Mozzartbet is another great example of an international sportsbook brand that takes mobile gaming seriously. They have been around for almost 20 years, even before the internet as we know it was widely used.

However, ODUWA COIN, a Nextgen cryptocurrency now offers indemnity and insurance against the volatility of the cryptocurrencies listed on the platform. There have been cases where gambling sites refuse to pay players their deserved earnings because of a network glitch or fraudulent reasons. Crypto betting was designed to check such scenarios because every transaction is automated. 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. While the sports gambling section is highly popular, the casino games one is even more visited every day.

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