1xBit Nigeria Sports Betting Site Review

Content

• TikTok to Create Independent Algorithm for U.S. Market
• Crypto Whales Invest More Than $5 Million in BlockDAG Coins: What Draws Them to this Layer 1 Coin?
• Betting Sites That Accept Bitcoin in Nigeria
• WELCOME BONUSES

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.

• This is the last step, so once you are done with this step – you are ready to roll.
• On online casino bitcoin 1xBit players will find games from VIPxBit, Evolution Gaming, XPG, Lucky Streak and many other famous creators.
• 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.
• There are many different types of bets you can place including a single, double, treble four-fold and multibet.

Even though you are likely familiar with most things here – let’s still take a quick look around. The minimum deposit and withdrawal amounts are somewhat arbitrary because they are all processed in crypto. As you know, the corresponding fiat (real money) value might change over time and it may also differ from one currency to another. All transactions on 1xBit are handled in cryptocurrencies – you can top up your account yourself or you can purchase crypto in one of the integrated exchanges.

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.

TikTok to Create Independent Algorithm for U.S. Market

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.

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.

Crypto Whales Invest More Than $5 Million in BlockDAG Coins: What Draws Them to this Layer 1 Coin?

In addition, when you open a betting account, you gain access to a multi-currency account. 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. 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.

Finally, we believe it is important to mention the technical side of things. The Android app and the mobile website are built in a way that maximally utilizes your device’s caching capability. Such an approach significantly reduces loading times (even with slower connections) and also reduces overall network usage. Finally, we thought it might be useful to tell you about their cashback system.

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 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. This is achieved by combining Blockchain technology and insurance to give investors a way to insure themselves from losses in the cryptocurrency market. Like crypto transactions, payouts on 1xBit are light-speed transactions with zero fees for every transaction you make. 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.

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.

Established in 2004, it has become one of the most reputable and reliable online gambling destinations, particularly for US players. This platform is known for not requiring any documents, but on occasions, you might be asked to provide proof of address. 1xBit is widely recognized as one of the best crypto betting sites in the industry. You can bet on anything from football match winners and outrights to basketball spreads, UFC fights, motorsports, and more.

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.

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 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 https://1xbet-trkiye.icu/ 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.

Betting Sites That Accept Bitcoin in Nigeria

You also enjoy casino games like slots, live dealers and an immersive virtual reality experience. We can say this is potentially the second most important factor when evaluating a sportsbook welcome offer. Most welcome bonuses can be wagered only on accumulator bets and as we all know – the probability of winning decreases with every added selection. Of course, the potential payout increases too, but it only takes one losing bet to lose your bonus. Welcome offers, which count single bets towards wagering are usually the ones you should go for, given you have any on your radar.

As we already stated above – the main reason why welcome bonuses are offered is to incentivize new players to make their first deposit. Once that happens they already have one foot in the door and you are more likely to keep betting there. Of course, a truly good betting site will attract players with the quality of their product. They will have better odds, more games, more markets and additional features, yet this doesn’t mean that having good promotional offers will hurt them in any way. If a bookmaker had a big welcome offer we shouldn’t automatically assume that they are trying to compensate for other things they might be lacking.

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.

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.

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. This means that anybody who visits and makes use of the services offered by 1xBit, will receive a top-quality experience.

WELCOME BONUSES

Read unbiased bookmaker reviews on the biggest bookmakers operating in Nigeria. The two best places where people from Nigeria can get crypto are Nairaex and Bitpesa. These are obviously not the only places, just the ones we can personally recommend. The way 1xBit built their mobile website almost guarantees short loading time and low traffic usage. Your browser will cache those interface elements, so they will not have to be loaded over and over again every time you move to a different page. The minimum amount you can withdraw is around ₦2,000, when converted.

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 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 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.