Why Crypto Gambling Is Popular

Why Crypto Gambling Is Popular

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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.

If you look only at the percentage and the amount you will likely end up with a bonus, which has unrealistic wagering requirements. Usually, you end up losing such bonuses before you even get a chance to convert them into real money. Let’s have a look at a number of factors that you have to keep in mind to get the best bang for your buck. There are a number of different things, which you might want to first consider and check before claiming the bonus offer.

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. There is no single minimum withdrawal limit, it generally depends on the crypto you are using. 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. 1xBit did a great job at making their website as mobile-friendly as possible.

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.

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 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.

The next thing you might want to pay attention to is the minimum odds requirement. If a bookmaker wants you to wager your bonus money with unreasonably high odds, that means they want you to lose that money. We’ve taken a look at the average industry accepted requirements and summarized them for you. Mobile optimization is extremely important, most of us access the internet using our smartphones. Having that in mind, it comes as no surprise that you would also want to use your phone to place bets.

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. You can’t afford to place bets based on your emotions for the club you support. 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.

You will get a 30% increase to the base welcome offer and some additional bonuses along the way. 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.

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. The minimum deposit you have to make in order to activate the offer is 1 mBTC – equal to ~₦18,000.

  • Cloudbet is another crypto-only betting site that has gained popularity in the Nigerian betting community over the last couple of years.
  • Megapari isn’t a new betting brand, they’ve been around for a considerable amount of time.
  • Having years of experience with numerous bookmakers, Paul is in an excellent position to review and rate sportsbook brands.
  • One of the simplest and most expedient ways to do this is the cooperation with the reliable bookmaker 1xbit.
  • Like crypto transactions, payouts on 1xBit are light-speed transactions with zero fees for every transaction you make.
  • 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.

Konfambet has one of the biggest welcome bonuses in Nigeria and real cash giveaways for active players. If you are looking for a bookmaker with a low deposit requirement, you might want to check Konfambet – their minimum is just ₦100. If the betting site you are looking to use allows you to wager the welcome bonus only with accumulator bets, that can still be fine. You should first of all take a look at how many selections are required to have in your betslip. If you are asked to wager your bonus with accumulator bets of over 4 selections – the chances to eventually withdraw those funds are rather slim. Mozzartbet is another great example of an international sportsbook brand that takes mobile gaming seriously.

Getting an app listed on Apple’s app store is considerably more difficult than getting into Google Play. Despite that, Mozzartbet went above and beyond and actually listed their mobile app on both marketplaces. Now, even if you are an Apple user – you can still enjoy their betting app along with all the benefits it brings. All transactions will be processed using Quickteller, Interswitch or Paystack – the three most popular local payment gateways.

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.

1xBet holds a valid Nigerian license and that means – 1xbet registration in Nigeria is open for all local sports fans. 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. You can make bets on 1xBit using over 40 supported cryptocurrencies. It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games.

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.

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.

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.

Ultimately, the betting site you use goes a long way in determining your experience. Choosing 1xBit gives access to a world of impressive betting rewards. 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. If you are into sports betting then you should be well-aware of all the possible tricks that betting sites resort to in order to attract new players. As a sports betting enthusiast you have likely used some welcome offers yourself and know that it isn’t always as straightforward as it may seem.

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.

BETTING SITES WITH WELCOME DEPOSIT BONUSES

They have been around for almost 20 years, even before the internet as we know it was widely used. Having such a rich history in the industry and being considered one of the leading brands – Mozzartbet just has to do things right. 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.

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. By the way, these benefits are perfect for bets on Qatar 2022 – players can take advantage of them and profit while watching the most anticipated event in the football world. Finally, the last thing on our list in the minimum required deposit – people often put a lot of emphasis on this, when in reality it doesn’t make that much of a difference. Usually, players gravitate towards bonus offers, which have a small deposit requirement while completely ignoring all the points we went over above.

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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. It operates under a license from the Curacao eGaming authority, ensuring that it adheres to industry-standard safety and security protocols. 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.

Here people can enjoy an experience very similar to what is offered by real-life casinos, for this reason, it is always a good idea to give 1xBit poker bets on website a try. 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. 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.

1xBit has quite an impressive new player welcome offer if you look at it from a monetary perspective. 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. Betting is a very popular way not only to have a good time, but also to win good money.

Despite having a strong start in the industry, not everything went as planned and BetPay had to stop taking bets. With multiple prizes for all participants, you https://1xbet-mobil.xyz/ can book your tickets to the big rewards with a bit of luck. Betting on the top football leagues is always exciting, but with 1xBit’s Super Six tournament, it gets even better. 1xBit has created Ticket Rush with numerous fanciful prizes that could change your entire gambling experience. With multiple prize draws designed to select many winners, you have a chance at winning big. In that case, you will love to hear that 1xBit provides its customers with numerous live markets for goals, bookings, Asian Handicaps, etc.

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.

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.

They remove some offers, add new ones, update existing ones, so it’s never boring or monotonous. The second point we want to tell you about is tightly related to the first one – this is the minimum deposit requirement. 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. The information here is updated in real time, which opens up broad prospects for ordinary users.

However, you have to remind yourself that no single strategy will always work in the betting scene. 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. Once all conditions are stipulated, and payment is made, a smart contract is automatically triggered.

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.

Even if you aren’t into sports betting yourself, you have likely seen their retail betting shops with lots of people inside. Being a crypto-friendly betting site is not the only good thing about 1xBit, they are generally a good top-tier bookmaker. They have excellent coverage, especially for football and basketball as well as a handy betting app, which works well even on older devices. 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.

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.

Especially if you consider how easy it is to make payments using Nigerian banks. If you feel like giving 1xBet a chance, we have some good news for you. Of course, as a new player, you will be able to claim a generous 300% welcome bonus, but you get an even bigger one with our promo code. Use our 100NGN promo code on the registration page and get an extra 30% boost to the new player bonus. 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.

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.

Let’s take a look at each individual bonus to find out how to get them and how to use them. The greatest choice is given in such sports as hockey, basketball, tennis, volleyball. The user needs to choose a convenient cryptocurrency and then click “Register”. Sometimes, you might find it difficult to stop using a betting strategy, especially if you took your time to come up with it.

The casino offers attractive bonuses and promotions to both new and existing players, making it a popular choice among online gambling enthusiasts. 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. Being fully in charge of your own money is becoming increasingly popular and cryptocurrency is one of the best ways to achieve that.

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.

Make sure that whenever you are looking at a bonus offer you are also looking at the betting operator as a whole. 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.

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. 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.

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.

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.

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. 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.

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.

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. 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.

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 …

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. 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.

You can use over 40 different currencies and 1xBit also gives you an option to buy crypto via a number of different exchanges directly from your player account. The entire process is simplified beyond belief, so even a person who had never bought crypto before will be easily able to do it here. If you don’t know what to do with the virtual assets you have won – you can sell them on a number of integrated Nigerian exchanges.

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