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3 Reasons For The Rising Popularity Of Online Sports Betting

3 Reasons For The Rising Popularity Of Online Sports Betting

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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.

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.

Cryptocurrency Exchanges in Nigeria have over 2100+ cryptocurrencies, trusted historical data, details of active, upcoming and finished ICOs.

  • Plus, most of the time, players are not always in possession of those documents.

    • 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.

    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.

    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.

    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.

    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.

    Why Crypto Gambling Is Popular

    The Supporter tickets prize draw has 32 winners per place with the 1st place winners emerging with 10 mBTC. Finally, the Play-off tickets prize draw has 1 winner per place with the 1st place winner emerging with 250 mBTC. The two best places where people from Nigeria can get crypto are Nairaex and Bitpesa.

    High betting odds, excellent customer support, and numerous outlets within the country are some major pros of betting. 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.

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    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.

    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.

    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.

    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.

    Melbet holds licenses issued by the Oyo State Gaming Board and the National Lottery Regulatory Commission, two biggest local regulators. If you are looking for something reliable – this might be your best bet. In case you don’t have the time to read this entire page or are simply not interested in this – we will drop a short list of promo codes right here. Nevertheless, if you have some spare time, we strongly recommend reading the actual article because there will be some things that you may find interesting. 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.

    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.

    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 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.

    In addition, you will discover excellent promotions and benefits for players and a wide variety of payment options to pick from. 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. 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 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.

    Regardless of whichever one you end up using – you will have access to absolutely all features that the desktop website has. 1xBet offers betting in all possible shapes and forms – any sport or league you can think of will be offered here. In addition to an impressive level of coverage, there is also a live stream functionality that will allow you to actually watch the game you are betting on. BetPay was an original Nigerian sportsbook operator, a promising project with big ambitions and exciting plans.

    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.

    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.

    Read unbiased bookmaker reviews on the biggest bookmakers operating in Nigeria. This promotion is expected to run from December 20, 2022 through January 10, 2023. Get ready to be amazed because the Big Leagues Streak has got a lot to offer. 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. The Individual match ticket prize draw has 1 winner per place, with the 1st place winner going home with 500 mBTC.

    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.

    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.

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

    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.

    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.

    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.

    The online betting industry has been growing at a rapid pace over the last few years. It is an industry that has transformed the way people gamble, providing players with a convenient and accessible way to bet on sports, play casino games, and more. Our exclusive 1xBet promo code is 100NGN – it is easy to remember and you can share it with your friends if you feel like it.

    This saves you quite a bit of time, especially if you are just looking to browse around. Any given day you will see over 1500 football games being open for betting, quite often that number will be nearing 2000. As you can understand there is surely no shortage of betting opportunities here, but let’s also look into what each individual game offers. The number of markets per game is as impressive as the overall number of available games. Of course, lover level games will have less markets, that’s no secret – nevertheless, most games will still have at least 300 different bet types. 1xBit has quite an impressive new player welcome offer if you look at it from a monetary perspective.

    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.

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    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.

    Also, app users may occasionally get various presents like free bets and deposit bonuses. 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. 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.

    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.

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    Simply scroll down to the footer of the website and find the “Mobile Applications” button. You will then be forwarded to the applications page, where you need to choose the application you want to download (Android or iOS). The new player offer consists of four separate bonuses, which all together can potentially add up to 7 BTC. Even though most of us likely can’t afford to get the maximum out of this offer, it is still possible to make good use of it. Let’s take a look at each individual bonus to find out how to get them and how to use them. Pick the payment method you would like to use and press the “Next” button to move over to the next page.

    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.

    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.

    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.

    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…

    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 don’t even need to remember your credentials, as they can be emailed to you upon registration. 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.

    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.

    In addition to that, 1win has something that most local betting sites don’t – they support PerfectMoney. As the fastest and leading crypto sportsbook, 1xBit is passionate about rewarding players’ efforts in an exciting fashion. The platform provides its users with numerous benefits to maximize the crypto gambling space. Let’s also go over some additional terms – as we already said, the minimum deposit to get the bonus is 1 mBTC and that applies to all four bonuses.

    Once all conditions are stipulated, and payment is made, a smart contract is automatically triggered. The system will automatically monitor all relevant insurance events and use an oracle to feed data into the smart contract. In case of a claim, the policyholder will receive a payout according to the terms of the smart contract. The registration on the website will take you just a few minutes and then you’ll gain new opportunities that you can easily realize. As with any other betting site that we recommend – we have a full detailed review of 1xBit. If you have any questions, we are quite certain that you will find your answers there.

    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.

    Even though many offer this option, the quality of the service you receive may drastically differ. Cryptocurrency transactions, at times, may involve pretty large fees or if you aren’t experienced may fail causing you to lose your funds. However, one notable thing that has made the platform even more popular among players is its support for crypto.

    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.

    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.

    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.

    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.

    Each football fan undoubtedly has their own “go-to” sportsbook, however if you are new to this or don’t yet have one – this might be exactly for you. Well designed interface and the detailed line of events make it easy to find exactly what you know best. Moreover, convenient work is ensured both when using a PC and a mobile phone. Here, forecasts are accepted not only on popular outcomes of confrontations, but also on really specific ones, which opens up wide opportunities for ordinary bettors.

    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.

    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.

    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 https://betandyou-app.com/betandyou-aviator-crash-game/. 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.

    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.

    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.

    This made them turn to online bookmakers that don’t require age verification. This will help them avoid becoming a victim of fraudulent activities or poor gambling experiences. Overall, BetOnline.ag is a great choice for anyone looking for a diverse and trustworthy online gambling platform.

    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.

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