3 Reasons For The Rising Popularity Of Online Sports Betting
Content
- Potential Risks Linked to Bitcoin Sports Betting
- Betting Sites That Accept Bitcoin in Nigeria
- Cross-Border Payment
1xBit is another Nigerian betting platform that accepts Bitcoin and other virtual currencies. 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. 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.
- What this implies is that the only payment options offered are cryptocurrencies.
- However, those who employ cryptocurrencies haven’t found any place to do the same kind of highly exciting activity.
- Therefore, ensure you’re in charge of making your betting decisions.
- 1win Nigeria is one of our top recommended betting operators if you are looking to use PerfectMoney.
There are many different types of bets you can place including a single, double, treble four-fold and multibet. A multibet is a bet with over five selections and will have tend to have higher odds than a single bet. For 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.
It also needs to be secure and legal, with adequate protection against fraud. 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 Here, bets are accepted exclusively in crypto currencies and the winnings are withdrawn in a similar way.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.
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. Integrating all of the above payment options to fit the local betting landscape is not the only https://1xbet-casino-giris.com/ thing Megapari are noteworthy for. 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.
It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games. 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. Here are a few of these online betting sites that don’t require age verification.
This tournament offers you the avenue to stay on top of the game, enjoying fascinating matches and securing impressive prizes. One thing that makes Ticket Rush worth its name is the number of people eligible to participate. Additionally, there’s a long list of prizes, making the tournament meaningful for many. 1xBet operates only using cryptocurrencies, so there is no single minimum deposit limit because this may vary depending on the virtual assets you want to use. The 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.
This is the place where you can see all popular and upcoming games in one list and if needed, you can navigate to other sports, regions and competitions. The games list on the overview page, and on any other similar page for that matter is quite informative. It shows you the number of available bets for each game, without the need to actually open it up and check.
These organizations ensure that betting platforms operate within legal boundaries, providing a safe and fair environment for bettors. There is also the availability of over 40 cryptocurrencies to choose from while surfing the crypto betting site. 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. 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.
Potential Risks Linked to Bitcoin Sports Betting
Use our 100NGN promo code on the registration page and get an extra 30% boost to the new player bonus. Explore the best free bets and bookmaker offers for Nigerian bookmakers and start playing instantly with world leading bookmakers today. Despite these uncertainties, many experts believe that crypto will continue to influence the future of sports betting. If you want to learn more about all of the Bitcoin betting sites mentioned above, visit the website of crypto gambling experts Bitcasinorank.com. It includes player favorites such as soccer, basketball, tennis, and baseball, to mention a few. In addition, when you open a betting account, you gain access to a multi-currency account.
You choose between many different altcoins, BTC being the most popular. 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.
Out of all local betting sites out there, we were able to find the two which are, in our opinion, the most technologically advanced, user friendly and rich with features. 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.
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. 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.
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.
In conclusion, the world of online betting in Nigeria is rapidly embracing cryptocurrencies, offering bettors enhanced privacy, faster transactions, and improved security. It’s important to remember that while crypto betting comes with many advantages, it also carries risks due to market volatility and regulatory uncertainties. Always approach betting with caution, prioritize responsible gambling practices, and choose platforms that align with your betting preferences and security expectations.
All Nigeria Football is the best football prediction site that can give accurate football prediction and today soccer prediction. 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. 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.
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. All transactions on 1xBit are handled in cryptocurrencies – you can top up your account yourself or you can purchase crypto in one of the integrated exchanges. 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. 1xBit offers betting on almost 50 different sports and we are sure that number will grow even more in the near future.
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. Considering that one of the bedrocks that 1xBit stands on is that it focuses on employing just crypto payment methods, you can be assured that payments will be fast. This way, you don’t have to wait for hours to get your withdrawals because they are swift. This is very rare among traditional betting platforms that use bank transfers for payouts.
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. If you play here, you’ll not only enjoy the process, but also earn good money. However, there’s not only the casino presented, as the main specialization of professionals is the sports betting. With the rising cryptocurrency adoption, online gambling has blossomed thanks to non-fiat benefits. Cryptocurrency has been a hot topic for many years now and blockchain technologies are being adopted in more industries than ever before. As you may have seen already, there are a lot of sport betting sites that accept Bitcoin in Nigeria.
Betting Sites That Accept Bitcoin in Nigeria
By staying informed and cautious, you can enjoy the exciting world of crypto betting in Nigeria safely and responsibly. MyStake is an online casino and sportsbook that offers a variety of games, including slots, table games, live casino games, and sports betting options. The platform is designed to cater to a global audience, with support for multiple languages and currencies.
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. One of the sports, which is very popular among users, is badminton. 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.
One thing you can rest assured of in your patronage of 1xBit is that you will never run out of tournaments and promotions to participate in. It is quite impressive that 1xBit features a wide range of tournaments that broaches different interests. Not to mention the fact that these tournaments are in constant supply as you are most likely to find at least two new tournaments every month. Most importantly, like the Big Leagues Streak, the tournaments come with big prize pools. The long-awaited World Cup 2022 is here, bringing many opportunities to win big. Then the World Cup is an opportunity not just to do that but also to win big from your passion.
Use the exclusive 1xBit promo code “100NGN” to unlock special bonuses and promotions, enhancing your betting experience from the outset. Compared to the two betting companies that we already mentioned above, 1win is not as big and known. Still, they are a decent bookmaker with a lot to show – the promo code you can use with them is 100NGN. 1win has a rather unique design and definitely stands out compared to many local betting sites, especially on the visual side. 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.
Bet Of The Day Tips, Saturday 3rd November 2018
Crypto betting increases your potential earnings through the higher odds they serve users. 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.
It offers all major sports including football, tennis, rugby, boxing, golf, racing, and much more. They offer a great welcome bonus, and they also have a referral program in which you can earn free bets by referring friends or family. You can win up to 135% of your bet by placing several bets and accumulating bonus winnings. Therefore, ensure you’re in charge of making your betting decisions.
Have you been involved in crypto gambling, wondering when you’ll win big? You don’t even have to travel down to watch the match before earning some funds. All you need to do is participate in Ticket Rush, the latest 1xBit tournament, and you might just be one of the many lucky winners. 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. The greatest choice is given in such sports as hockey, basketball, tennis, volleyball.
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. 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. The live broadcast allows users to watch sporting events unfold in front of their eyes via webcams installed in various locations worldwide.
Take advantage of our hand-picked free bets for the best bookmakers in Nigeria and place multibets on the biggest football games each week. 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.
1Win is a decent sports betting site that has been trusted by hundreds of thousands of players from all over the world. 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.
The main thing we would like to highlight is their minimum stake requirement, which is only ₦50. Not everyone can afford placing bigger bets and some of us only bet for fun, hence don’t need to place large bets at all. Having said that, a minimum allowed stake of just 50 Naira is a perfect option for those who want to start small and play safe. We decided to bring up the registration process because of how easy Couldbet made it.
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.
You will see between 100 and 200 live football games covered throughout the day. Each game will have between 1000 and 1500 bets available throughout its lifecycle and over 100 bets types will be open at any given point of the game. Betting is usually open up until the last minute and cashout is also available. The platform offers its users an opportunity to choose between many different types of bets.
Cross-Border Payment
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.
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.
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. 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. 1xBit is one of the most popular crypto bookmakers in the world and surely the most popular one in Nigeria. If you are looking to top up your account with crypto, bet with crypto and withdraw your winnings as crypto – this is probably the best place you can find at the moment. However, keep in mind that you can only use cryptocurrency, regular money is not accepted at 1xBit.
Please bear in mind that you would need to already have some cryptocurrency at your disposal. If you don’t have any, visit one of the recommended crypto exchanges. 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.
In order to activate each one of the four available bonuses, you have to deposit 1 mBTC or more – this is equal to ~₦18,000. This is quite a lot and we are aware that not all players will be able to afford it, however Bitcoin is volatile and the equivalent Naira value might change over time. 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. If you get to the official web portal of the reliable bookmaker, you’ll sink into an atmosphere of gambling and adrenaline.
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. 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.
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. 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.
One of the biggest advantages of online betting is that it is available 24/7, allowing players to bet from anywhere at any time. 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.
Despite having a strong start in the industry, not everything went as planned and BetPay had to stop taking bets. 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.
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. Sports betting has become a global phenomenon, captivating enthusiasts across…
Crypto deposits are processed quickly, and all the altcoins, including Bitcoin, are supported. 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. We really appreciate that you trust us enough to rely on our expertise when deciding what betting operator to use.
Megapari isn’t a new betting brand, they’ve been around for a considerable amount of time. 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.
This is always a tough question to answer and each one of you will need to find the best betting site for yourself, based on what you are interested in. Having that in mind, we are going to split our answer into several extensive sections. All of them are going to be listed below, so feel free to navigate to the one that you would like to know more about. 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.
Bangbet is one of the fastest growing Nigerian bookmakers and they have the biggest accumulator bet boost you will ever see. 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.
Follow the registration link to create an account and open the “Mobile Applications” link in the footer of the website once you are done. Choose the iOS app and follow the given instructions to get the app installed. The 1xBit app for Android devices can be downloaded directly from their official website.