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3 Reasons For The Rising Popularity Of Online Sports Betting

Posted by admin on April 18, 2024
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3 Reasons For The Rising Popularity Of Online Sports Betting

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This allows you to enjoy your winnings without adversely affecting the platform’s fee structure. 1xBit also provides educational blogs on crypto gambling to help you get started with the necessary tips to navigate the field. 1xBit also provides educational materials on crypto gambling to help you get started with the necessary tips to navigate the field. It is quite easy, you have to submit an affiliate application on 1xBit’s affiliate portal (link below). They will ask you some basic questions about yourself and how are you planning to promote their brand. It can take up to a week to receive a response after submitting the application, so don’t worry if it doesn’t happen the next day.

There is no single minimum withdrawal limit, it generally depends on the crypto you are using. 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. As a result of that, we are glad to tell you that we had absolutely no issues using the website on any of the mentioned devices. 1xBit did a great job at making their website as mobile-friendly as possible. They also have Android and iOS apps, let’s take a closer look at all of this below.

You are not forced to make large deposits, in fact, the smallest deposit you can make is just ₦100. 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. Our expert team have dug into the pros and cons for each bookmaker to supply you with the information necessary to ensure you are betting with the bookmaker best for you. Check back daily for our Bet of the Day and our long shot daily multibets only on betoftheday.ng. We compile daily big odds multibets for you to bet on with multiple operators.

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. The first crypto bookie we recommend is BC.Game – an established platform only dedicated to sports betting.

  • Established in 2004, it has become one of the most reputable and reliable online gambling destinations, particularly for US players.
  • 1xBit is one of the most popular crypto bookmakers in the world and surely the most popular one in Nigeria.
  • With this in mind, Merrybet has all the major events covered, including European football leagues, tennis highlights, horse racing, etc.

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.

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

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. 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? Players can take advantage of the highest odds on the market and place pre-match or live bets for 40 different sports. Make your predictions on the English Premier League, the Champions League, or the NBA.

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…

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 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.

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.

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.

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.

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. 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.

Because of that, we want to give you something exclusive, something that you will not get anywhere else. Together with 1xBit we’ve prepared a promo code, you can use this code on the registration page to get an additional boost to your welcome bonus. Betting is a very popular way not only to have a good time, but also to win good money.

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.

The underlying technology that operates cryptocurrency is blockchain. 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. 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. There are many sites that allow people to do this with traditional currencies.

Therefore, you should consider websites that make betting cost-effective and easy to navigate. 1xBit stands out in this regard, as the platform allows you to maximize your winnings in crypto with any of 40+ sports from football to politics! This is in addition to being eligible for up to 7 BTC welcome bonuses for the first 4 deposits. Ultimately, the betting site you use goes a long way in determining your experience.

Once you pick the currency you want to use, you will be given an address. Please make sure to double-check the address before sending any funds, if there will be a mistake in the address – your funds will be lost. ♦ Players aged 21 and younger and club-trained players will be exempt from these limitations. 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.

Unique variety of sports in bet streaming live mode

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.

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.

The casino section features games from top providers, with over 5,000 slots and various table games like blackjack, roulette, and baccarat. 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. 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.

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. Even the most demanding players will find many betting opportunities, from well-known to niche. Options include soccer, boxing, baseball, basketball, ice hockey, water polo, cycling, and several popular TV shows.

This makes it easier than ever for sports enthusiasts to bet on the outcome of various athletic competitions. Bet9ja is a very simple website with an embedded Google Chrome extension that the user can install on his browser to make payment easier. The platform is optimized for both desktop and smartphone applications, allowing bettors access to the betting functions anytime and any day. It is important to go for reputable betting sites that will give you enough opportunity to win big.

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. Another particularly impressive fact about betting at 1xBit is the fact that registration is super easy. To register an account on 1xBit, all you have to do is to film just your Email and Password, and just like that, you can fund your account with your wallets. Participating in 1xBit’s Ticket Rush is all you need to have a fun World Cup experience.

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.

First of all, they have a valid Nigerian license issued by the Oyo State Gaming Board. This means that they are operating in accordance with local rules and regulations and that your personal information and funds will be protected by Nigerian laws. 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.

This is achieved by combining Blockchain technology and insurance to give investors a way to insure themselves from losses in the cryptocurrency market. 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.

Including internet gaming, horse racing, soccer, and cricket among other sports. Bitcoin betting 1xbit.com is an opportunity to quickly convert your own knowledge of cryptocurrencies into a real gain. Now, professionals offer a wide choice of events and their number will only grow in the future. Playing here is the simplest way to earn cryptocurrencies to make new secure transactions with minimal expenditures.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. 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. 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.

Here, the users can choose from several entertainments that’ll let you not only relax, but also earn good money. Every successful bet is a chance to double your own funds and multiply your cryptocurrencies that have a high value in the modern environment. 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.

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.

You can set up a new account and be ready to start betting in just under 1 minute. New accounts can be created using your social media profiles (Google or Facebook) or your GitHub profile if you have one. If you want, you can, of course, go with the “classic” registration form, where you need to verify your email address.

This means that anybody who visits and makes use of the services offered by 1xBit, will receive a top-quality experience. But also, there are many variations of the game that can be played here, meaning that every poker fan out there will find their favorite flavor of the game here. The following section will speak about the amazing casino of 1xBit. Finally, we thought it might be useful to tell you about their cashback system.

1xBet is one of the most well-known betting brands in the entire world, it is a popular bookmaker in Africa in general as well as an asianbookie. If you want to go and check them out yourself and are already thinking “how to register 1xbet in Nigeria? The registration process at 1xBet is quick and super easy, as a newcomer, you can create a new account in under 1 minute.

Can Web3 Cryptos Yield Games & Pixels Stop The Crypto Investor Flow Towards Scorpion Casino Launch Day?

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. Just below that you will see a list of available markets – it is configurable, you can choose the number of columns based on your screen size. 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. This means that all live games are licensed and tested, so you can be sure of the results of the game. It is on 1xBit that players will be able to implement their gaming strategy and win good money.

For those Nigerians new to the world of cryptocurrencies, BC.GAME still has a solution. They can use their credit cards through MoonPay or Banxa on the platform https://apkdownload.top/zetbet-betting-app/ for easy and quick conversion of fiat currency to their preferred crypto. Everything is available, from card games, slots, dice, jackpots, lotteries, and popular table and board games.

Open that link to verify your address and complete your registration. 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 1xBit playground can be recommended to beginners and experienced gamblers alike. The user needs to choose a convenient cryptocurrency and then click “Register”.

A place where you can find information about other betting sites, useful guides and links as well as some exclusive promo codes and bonuses. New users can enhance their betting experience with the exclusive 1win promo code “100NGN,” unlocking special bonuses and promotions. 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. 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.

Do not fixate on one method of betting, as there are numerous other ways. Diversifying your betting strategy is a smart way to hedge your risks. Some of the other options to consider include double chance, both teams to score, draw no bet, over/under goals, live betting, among others.

You will then receive an email with a link, which you need to open in order to confirm and verify your email address. This is the last step, so once you are done with this step – you are ready to roll. This is one of the top betting companies in Nigeria as well as one of the most competitive betting sites in the country.

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.

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. Of course, not all betting operators require a promo code, in some cases it is enough to simply follow one of the partner links. There is nothing more fun than witnessing the chance to win more as you bet on your favourite games.

It is an online sports betting site that was established in 2013 with the goal of becoming one of Nigeria’s leading betting sites. 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.

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

The first one is 100% up to 1 BTC, the second one is 50% up to 1 BTC, the third one is 100% up to 2 BTC and the final fourth one is 50% up to 3 BTC. Each bonus is valid for 40 days and has to be wagered 40 times before it can be converted into real money balance. Single bets are also counted towards wagering – each bet has to be placed with the odds of 1.60 or more. Finally, make sure to use up your existing bonus funds before trying to activate the next bonus offer.

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. 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. 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.

Especially if you consider how easy it is to make payments using Nigerian banks. 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. Note that while card payments can be used for deposits to purchase crypto, withdrawals from BC.GAME are exclusively processed in cryptocurrency. Also, BC.GAME imposes a small processing fee, starting at a minimum of 0.1% of the total transaction amount.

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.

Choosing 1xBit gives access to a world of impressive betting rewards. You’ll also check numerous informational blogs to keep you updated. 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.

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. Since we’ve already covered apps, we believe it would also be good to tell you a bit about their mobile website.

ACCEPTED PAYMENT METHODS

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.

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.

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. However, ODUWA COIN, a Nextgen cryptocurrency now offers indemnity and insurance against the volatility of the cryptocurrencies listed on the platform.

TradeStable

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.

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. Another thing that has made 1Win popular among Nigerians is its support for crypto transactions. Users can bet using BTC and other popular coins such as Bitcoin Cash, Ethereum, USDT, Binance, Tron, Dogecoin, Litecoin, ZCash, Ripple, Stellar, etc. 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.

Accurate Football Prediction Site

Discover the best brands, the best free bets and the best multibets. 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.

STAKEGAINS is the best free football predictions website & with the most accurate soccer predictions in the world. We help soccer lovers who want to get more than just being a fan make great earnings from our evergreen predictions. Like crypto transactions, payouts on 1xBit are light-speed transactions with zero fees for every transaction you make.

Placing bets and winning is not the only way you can make money with 1xBit. Like most other betting sites out there – 1xBit has an affiliate program, which allows you to earn money for every new player you bring in. You can get a certain percentage of the revenue your players bring in, the actual percentage values are something you will need to discuss with your affiliate manager. When you play a game, the first thing you will see is a score board.

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. Today, Cloudbet has a huge presence in many countries, Nigeria being one of them.

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.

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. The list is expected to grow in line with the platform’s journey to maturity. 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.

Paul Echere – a life-long sports fan with a career in the betting industry. Paul has worked with many betting operators and platform providers since the very early days of iGaming. Having years of experience with numerous bookmakers, Paul is in an excellent position to review and rate sportsbook brands. Feel free to follow him on Facebook and LinkedIn to find out what he is up to. Once you open up the sports betting section of their website, you will be taken to the “overview” page.

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.

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