Why Crypto Gambling Is Popular

Why Crypto Gambling Is Popular

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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.

  • The online betting industry has been growing at a rapid pace over the last few years.
  • This also means that when you actually get to withdraw your winnings, you can immediately convert them to Naira and withdraw to any Nigerian bank account.
  • It 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.
  • 1xBit has a massive selection of sports betting options, including popular sports such as football, basketball, tennis, and esports.
  • However, those who employ cryptocurrencies haven’t found any place to do the same kind of highly exciting activity.

There is no reason to doubt why a crypto betting site should have better odds than betting sites that accept fiat currencies. The reasons are simple, as stated earlier, cryptocurrency is automated and has no middlemen. These inherent merits reduce operational costs for the crypto gambling sites enabling them to be able to increase their odds and still maintain profits. It is no secret that banks do not operate during out-of-work hours and on the weekends, but cryptocurrency offers a 24/7 service.

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. We will use real-life examples to give you the best possible overview. 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.

However, not all of them can offer you the services you need for an amazing betting experience. 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.

IOS APP

Cloudbet is another crypto-only betting site that has gained popularity in the Nigerian betting community over the last couple of years. We believe that happened mainly because of how user-friendly they are, even if you are a complete crypto novice – you are covered. Store your virtual assets, use it for betting and withdraw to other wallets.

If your team doesn’t stand a chance to win, don’t let the emotions lead you to bet on their victory. Just like Bitcoin, the total supply of ODUWA worldwide is 21 million. From the 21 million coins, 17,850,000 will be released to the public during the ICO. Investors interested in the ICO can partake in it by sending ETH using ERC20 supporting wallets to the ODUWA COIN that will be released on the website. All new members on 1xBit are eligible to get up to 7 BTC as a welcome bonus for the first four deposits. Hence, your transactions will remain anonymous and your privacy secured.

How to identify a promotion that is fair and actually makes sense and avoid the ones, which will just waste your time and money? 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.

Bookmaker Reviews

Having said that, we do acknowledge that there are some absolutely wonderful and fair bonus offers, that you definitely wouldn’t want to miss. Let’s go over all the points that would make a good bonus offer truly stand out. 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.

Helabet is a locally licensed sportsbook with a ₦100,000 welcome offer for Nigerians. 1xBet offer a sweet ₦100,000 welcome bonus to all new players from Nigeria. If the wagering requirement is too high you are likely to lose all your bonus money by the time you fully wager it, so as you can see this is one of the key factors here. There has been a constant rise in the number of players who prefer to gamble anonymously.

Together with us, you can follow the development of events in a convenient format and convert your knowledge into profit. A multibet is a popular bet with many who bet on sports because it allows them to bet on the outcome of multiple matches throughout a day or week. There are many different types of bets you can place including a single, double, treble four-fold and multibet. A multibet is a bet with over five selections and will have tend to have higher odds than a single bet. For the Individual match tickets prizes, the 1st place winner will emerge with 500 mBTC. The first-place winner in the Supporters’ tickets prize draw goes home with 10 mBTC while the first place winner in the Play-off tickets prize draw will win 250 mBTC.

Discover the best brands, the best free bets and the best multibets. All Nigeria Football is the best football prediction site that can give accurate football prediction and today soccer prediction. 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. From what we can see, self-exclusion is not available in the user interface. If you want to temporarily or permanently close down your account – please reach out to support.

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. 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. One of the best things about BetBonanza in our estimation are their promo offers. Unlike most bookmakers, BetBonanza are constantly switching things up.

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. 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.

Most people only read the headline of “100% bonus up to whatever amount of NGN” and then simply go for it. They don’t actually pay any attention to the conditions you have to fulfill in order to make use of those bonus funds. 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.

Melbet have the biggest welcome offer at the moment – 200% welcome bonus up to ₦100,000. 1win is a fun and reliable betting operator that spports PerfectMoney payments. The casino holds a license from the Panama Gaming Control Board, which ensures that it operates with fairness and transparency. It also uses advanced encryption technology to protect players’ personal and financial information. Since we’ve already covered apps, we believe it would also be good to tell you a bit about their mobile website. 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.

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.

DO SINGLE BETS COUNT TOWARDS WAGERING?

That is, before you choose to go ahead with a particular odd, you should find out that the potential rewards outweigh the risks. When you evaluate your games with this metric, you’d be more cautious in how you place bets. However, ODUWA COIN, a Nextgen cryptocurrency now offers indemnity and insurance against the volatility of the cryptocurrencies listed on the platform. There is also the availability of over 40 cryptocurrencies to choose from while surfing the crypto betting site.

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.

An additional advantage of cooperation with professionals is the increased rates for these outcomes. Take advantage of our hand-picked free bets for the best bookmakers in Nigeria and place multibets on the biggest football games each week. First things first – the tournament is only available to registered 1xBit members. Head to the offers page, click on the banner, and you’re ready to start. All you need to do is bet on the six big European football leagues – the Bundesliga, Ligue 1, Premier League, La Liga, Serie A, or Primeira. Participating in 1xBit’s Ticket Rush is all you need to have a fun World Cup experience.

When you play a game, the first thing you will see is a score board. It will give you an overview of the game if it is being played and some statistics and standings if the game has not yet started. 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. You have an option to https://1xbet-tr.icu/ 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.

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. There are a number of things, which make Bangbet stand out among many other betting sites. 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. If you sign up for the loyalty program, you will get up to 11% cashback.

This tournament offers you the avenue to stay on top of the game, enjoying fascinating matches and securing impressive prizes. Everything is available, from card games, slots, dice, jackpots, lotteries, and popular table and board games. 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.

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. 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. 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.

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 1xBit playground can be recommended to beginners and experienced gamblers alike.

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. 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.

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. 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. With the rising cryptocurrency adoption, online gambling has blossomed thanks to non-fiat benefits. Accessbet is an original Nigerian betting site, offering new players a 100% bonus up to ₦100,000.

1xBit has a massive selection of sports betting options, including popular sports such as football, basketball, tennis, and esports. The casino section features games from top providers, with over 5,000 slots and various table games like blackjack, roulette, and baccarat. 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.

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. 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.

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. Cryptocurrency has been a hot topic for many years now and blockchain technologies are being adopted in more industries than ever before.

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. Our list features the superstars, the young guns, the best players …

How Oduwa Coin will revolutionalise cryptocurrency market

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. The short answer is yes, Mozzartbet is definitely a good choice for any Nigerian betting enthusiast. First of all, they have a valid Nigerian license issued by the Oyo State Gaming Board.

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