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3 Reasons For The Rising Popularity Of Online Sports Betting
David Medford
April 18, 2024
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3 Reasons For The Rising Popularity Of Online Sports Betting

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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.

Even if you aren’t into sports betting yourself, you have likely seen their retail betting shops with lots of people inside. 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.

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.

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.

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.

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.

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.

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.

This means that the amount of Bitcoin you deposit into your betting account could decrease in value before you have a chance to place your bets. You are at the mercy of Bitcoin’s volatile market; therefore, you should always take extra care when using it to bet. Bitcoin offers several benefits, including anonymity, fast transactions, and low fees. However, it also comes with inherent risks that Nigerian bettors should be aware of.

Baccarat, Poker, Roulette, and Blackjack are just a tiny part of the 200+ live casino games offered by 1xBit. The desktop website user interface layout is quite similar to a number of other well-known betting brands, which we aren’t going to name right now for obvious reasons. Nevertheless, this is by no means a negative thing, the platform 1xBit runs on has proven itself to be stable and user-friendly. Even though you are likely familiar with most things here – let’s still take a quick look around.

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.

Visit the 1xBit website, follow the simple registration steps, and you're ready to start betting with cryptocurrencies. Melbet is the final betting brand that we have a promo code with and the code is 100NGN. They are also an international brand, but they have been in Nigeria for quite a while, more than 5 years.

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. 22bet also offers a 100% welcome bonus of up to N50,000 to its users. 22bet, which has a similar website to Melbet, provides customers with the ability to place live bets against other users. When you consider the key factors relevant to betting, you get to make more informed decisions while at it. You can’t afford to place bets based on your emotions for the club you support.

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.

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.

  • Therefore, you should separate your love for sports from your desire to make returns from betting.
  • One of the sports, which is very popular among users, is badminton.
  • 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.
  • Cryptocurrencies have become a part of our everyday life so rapidly, that many people even didn’t notice how it happened.
  • It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games.

Use the exclusive 1xBit promo code "100NGN" to unlock special bonuses and promotions, enhancing your betting experience from the outset. Compared to the two betting companies that we already mentioned above, 1win is not as big and known. Still, they are a decent bookmaker with a lot to show – the promo code you can use with them is 100NGN. 1win has a rather unique design and definitely stands out compared to many local betting sites, especially on the visual side. You can bet on any sports of your choice, from local games to international matches; they are all at your fingertips when you are on 1xBit. You also enjoy casino games like slots, live dealers and an immersive virtual reality experience.

Margin size 1xBit is from 3-7% depending on the choice of sport and event. The player is automatically assigned a number, which can be sent to e-mail or just downloaded a picture. 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.

Melbet Promo Code

Cloudbet also offers a generous welcome bonus and ongoing promotions for their players. With a license from the government of Montenegro, Cloudbet ensures safe and fair gaming. They have a large selection of games from top software providers and offer fast and easy withdrawals. Cloudbet’s focus on cryptocurrency and high betting limits makes it an attractive option for high rollers and those looking for a unique betting experience.

Join the professionals right now in order to see that here you can count on big winnings every day and earn thanks to your luck and logic. If you play here, you’ll not only enjoy the process, but also earn good money. However, there’s not only the casino presented, as the main specialization of professionals is the sports betting. With the rising cryptocurrency adoption, online gambling has blossomed thanks to non-fiat benefits. Cryptocurrency has been a hot topic for many years now and blockchain technologies are being adopted in more industries than ever before. As you may have seen already, there are a lot of sport betting sites that accept Bitcoin in Nigeria.

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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.

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.

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.

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.

It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games. Football betting (World Cup betting, the latest 2022 World Cup odds), basketball betting, volleyball, badminton, table tennis, tennis, and other sports betting. Pre-match betting,live betting, getting the best betting odds, predicting the result, bet anytime, anywhere. Using the live streaming section, sports fans around the globe can place their bets online in real time. Here are a few of these online betting sites that don’t require age verification.

This 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.

In conclusion, the world of online betting in Nigeria is rapidly embracing cryptocurrencies, offering bettors enhanced privacy, faster transactions, and improved security. It's important to remember that while crypto betting comes with many advantages, it also carries risks due to market volatility and regulatory uncertainties. Always approach betting with caution, prioritize responsible gambling practices, and choose platforms that align with your betting preferences and security expectations.

The mobile app for android and ios was recently launched to give its users more convenience. 22bet has the most extensive markets in comparison to other betting platforms in Nigeria. They have a highly experienced customer support team that is always available to solve any issues that may be encountered. There are some basic criteria to be considered when choosing the best sports betting sites in Nigeria. The best betting sites will be the ones that offer fascinating features such as bonuses and promotions. The ease of use on such platforms is also important since you want a website that is easy to navigate.

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.

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.

– Finally, from 1 July 2024, the same configuration will apply but is limited to a maximum of six professionals. – From 1 July 2023 to 30 June 2024, the same configuration applies but with a maximum of seven professionals. – From 1 July 2022 to 30 June 2023, a club may have a maximum of eight professionals out and eight loaned in at any given time during a season.

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.

TradeStable

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.

You choose between many different altcoins, BTC being the most popular. It is common practice for bettors to check across different betting platforms to see the one that offers the highest odds. This is one key factor that determines where they place their bets. As such they offer very high odds that give you a chance to win big when betting.

1Win is a decent sports betting site that has been trusted by hundreds of thousands of players from all over the world. If you sign up for the loyalty program, you will get up to 11% cashback. With regular promotions, you will be offered crypto prizes for playing slots or live dealer games of the particular providers. The Live Casino category is packed with live dealer games featuring attractive hostesses and croupiers.

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.

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.

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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.

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.

Including casino games, live betting, casino games, slots, and bonuses on all products. Betway Nigeria https://betandyou-casino.com/ offers a variety of sports products such as football betting (UEFA Champions League, English Premier League, and German Bundesliga). Additionally; tennis (Paris Masters ATP 500 and WTA Finals), cricket (Natwest T20 Blast and BBL), F1, rugby (Six Nations Championship), basketball (NBA) and hockey (NHL). 1xBit is an online sportsbook and casino that offers an extensive range of betting markets, including sports betting, live casino games, slots, and other casino games. The site is known for its anonymous and fast registration process, allowing users to bet and play without providing personal information. The casino offers attractive bonuses and promotions to both new and existing players, making it a popular choice among online gambling enthusiasts.

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.

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.

Paripesa is quite a big betting company that works in many countries around the world – our promo code is 200NGN. They have been in Nigeria for over two years now and it is clear that they are here to stay. Paripesa holds a valid betting permit issued by the Oyo State Gaming Board. As a new player with our exclusive code, you can get an extra 30% boost to the standard welcome offer. Crypto gambling sites like 1xBit keep your anonymous veil intact because there is no KYC, and you are given a wallet ID and a strong password for transactions. The crypto betting site 1xBit also has more benefits that you can enjoy.

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