1xBit Bookmaker Review

About 1xBit Bookmaker

The international bookmaker company 1xBit is developing a popular innovation in the field of gambling - Bitcoin gambling. All financial transactions are carried out in cryptocurrency, clients are offered high odds, quick registration and withdrawal of winnings without commission. Additionally, there is a lot of gambling entertainment, bonus offers for new players and regular customers. History of creation 1xBit has been operating since 2016. The company is focused on clients from Europe and Asia, the website has been translated into more than 60 languages. Users can bet on sports, virtual competitions, slots, currency movements, play in online casinos, betting and the lottery. The bookmaker operates under license No. 1668/JAZ, which is issued by the Government of Curacao to 1x Corp N.V.

Registration In the registration form, the client only needs to provide his email address from his personal information. Additionally, a password and promotional code are required if the bonus combination is available. Next, you need to confirm your agreement with the rules of the bookmaker company and the age of majority. To activate your account, you need to follow the link that will be sent in the email.

1xBit App The 1xBit mobile app is available for both Android and iOS devices. Whether you're using an Android smartphone or an iPhone, you can enjoy the full range of 1xBit's offerings, including casino games and sports betting, right from your mobile device.

1xBit App - how to download it

To download the 1xBit app, follow these steps: For Android Devices:

1. Visit the Official Website: Go to the 1xBit website.
2. Download the APK: Click on the download link for the Android APK file.
3. Install the APK: Open the downloaded file and follow the installation instructions.

For iOS:

1. Visit the App Store: Open the App Store on your iOS device.
2. Search for 1xBit: Use the search bar to find the 1xBit app.
3. Download and Install: Tap the download button and wait for the app to install.
4. Log In: Open the app and log in with your account details.

Personal Area After registration, the bettor receives a login for authorization in the Personal Account. You can also log in to your account using your email address. The following sections are available to the client in the personal account:

• Personal data. The account number, email, date of user registration, and IP addresses of previous sessions are indicated here.
• Safety. To reliably protect the account, the user can change the password and set up two-factor authentication.
• Account settings. This section contains a list of cryptocurrency wallets linked to the profile. You can configure the display of the current balance on the top panel, subscribe to news, activate alerts about the receipt of funds, bonus offers, and use a promotional code.
• Deposit/Withdraw from account. There are more than 40 cryptocurrencies available in the system for making deposits and receiving winnings.
• Betting history. This section is filled with information about all bets placed. You can select bets on totalizator or unsettled bets separately.
• History of translations. List of transactions on the main and bonus accounts.
• Bonuses and gifts. Information about current promotional offers, there is also a field for checking the promotional code.
• VIP cashback. Information about the user’s status in the loyalty program, the number of points remaining before moving to the next level.
• Request to the administrator. Field for sending a request to support staff.

In the site settings, the bettor can additionally change the type of odds and choose which sections will be displayed on the main page.

Payment Methods

1xBit stands out in terms of payment methods because of its focus on cryptocurrencies. It allows for both deposits and withdrawals in several cryptocurrencies, making it easier for users to stay anonymous and avoid traditional banking methods. Some traditional payment methods (like credit/debit cards) may also be accepted, depending on the user’s region.

Cryptocurrency Payment Methods

One of the standout features of 1xBit is its support for cryptocurrency betting. The platform supports a wide range of digital currencies, such as:

• Bitcoin (BTC)
• Ethereum (ETH)
• Litecoin (LTC)
• Ripple (XRP)
• Bitcoin Cash (BCH)
• Tether (USDT)
• And many others.

Cryptocurrency payments are generally fast, secure, and often have lower fees compared to traditional methods.

Fiat Payment Methods

In addition to cryptocurrencies, 1xBit also supports several traditional (fiat) payment methods. These may include:

• Credit Cards (Visa, MasterCard)
• Bank Transfers (via local banks)
• E-wallets (Skrill, Neteller, etc.)
• Prepaid Cards (Like Paysafecard)

Deposit and Withdrawal Procedures

1. Deposits: To make a deposit, you simply need to choose your preferred payment method, enter the required details (e.g., cryptocurrency wallet address, card number), and confirm the transaction. Cryptocurrency deposits are generally instant, while fiat deposits may take longer, especially if bank transfers are involved.
2. Withdrawals: Similarly, when withdrawing funds, you can choose from the same range of options. For crypto withdrawals, you'll need to provide a valid wallet address, and the transaction should be processed relatively quickly, depending on the network conditions of the selected cryptocurrency.

Withdrawal Limits & Fees 1xBit usually imposes limits on both deposits and withdrawals, which can vary based on the payment method. For cryptocurrencies, there are often lower limits, while for fiat methods, the limits may be higher.

Fees are typically minimal for cryptocurrency transactions, but fiat payment methods may come with transaction fees, depending on the specific method you are using.

Deposit and withdrawal deadlines

All financial transactions are carried out by the system within 15 minutes.

Welcome Bonuses:

• 100% First Deposit Bonus: New players can get a 100% bonus on their first deposit, with a maximum bonus amount of 7 BTC (or its equivalent in other cryptocurrencies).
• Free Bets or Free Spins: Sometimes, a bonus code is required to claim the welcome offer. These codes can be found on promotional pages.

Reload Bonuses

• 2% Bonus on Deposits: Get a 2% bonus on all deposits made via cryptocurrencies.

Promotions

On an ongoing basis, the bookmaker company offers clients to participate in the following promotions:

• 100% bet insurance. The cost of the service depends on the odds for which the player placed a bet. If the user loses, they will receive the bet money back to their account.
• Express of the day. Every day the bookmaker offers several express bets in the live and pre-match lines, consisting of the most interesting events in different sports. If a customer places a bet on one of these coupons, the final quote will increase to 10%.
• Star jackpot. All bettors who bet in the last 24 hours take part in a drawing for cash prizes every day.

Loyalty and VIP Programs

• Loyalty Rewards: For regular players, 1xBit may offer a loyalty program where users accumulate points for every bet or wager they make. These points can then be redeemed for bonuses, free spins, or other rewards.
• VIP Bonuses: High-rollers or long-term users may be invited to participate in VIP programs, offering exclusive bonuses, higher withdrawal limits, and personalized support.

No Deposit Bonuses

• Occasionally, 1xBit might offer no deposit bonuses. These are rare but are essentially free credits that players can use to place bets or try out casino games without depositing any money.

Bitcoin / Cryptocurrency Bonuses

• Since 1xBit specializes in cryptocurrency betting, they may offer specific bonuses tied to Bitcoin or other cryptocurrencies. These can include deposit bonuses, cashback offers, or other crypto-based promotions.

Cashback Offers

• Players may receive a percentage of their losses back as cashback.
  This is often given as a weekly or monthly promotion.

Referral Bonuses

• 1xBit may also run referral programs where users can earn bonuses by referring new players to the platform. This typically involves the new user making a deposit or meeting specific betting requirements.

Special Event Promotions

• For major sports events or casino tournaments, 1xBit might run special promotions that include enhanced odds, extra bonuses, or prize draws.

Important Considerations:

• Wagering Requirements: Most bonuses on 1xBit come with wagering requirements, meaning you'll need to bet a certain amount before being able to withdraw any winnings from the bonus.
• Time Limits: Bonuses often come with an expiration date, so you’ll need to use them within a specific time frame.
• Terms and Conditions: Always read the fine print of any promotion to ensure you understand the requirements, including deposit limits, minimum odds for sports bets, and game restrictions for casino bonuses.

You can typically find current bonus offers by checking the "Promotions" section on the 1xBit website or app.

Sportsbook Offering

1xBit provides a broad selection of sports to bet on, including popular options like:

• Football (Soccer) With a variety of leagues, including major tournaments like the English Premier League, La Liga, and the UEFA Champions League.
• Basketball Coverage of NBA, EuroLeague, and other basketball events around the world.
• Tennis Grand Slam tournaments, ATP, WTA, and more.
• Esports Bet on games like CS, Dota 2, and League of Legends.
• Other Sports Including hockey, rugby, baseball, cricket, boxing, MMA, and more.

Betting Markets

The platform offers various betting markets within each sport, allowing users to bet on:

• Pre-match With a variety of leagues, including major tournaments like the English Premier League, La Liga, and the UEFA Champions League.
• Live Betting Coverage of NBA, EuroLeague, and other basketball events around the world.
• Odd/even, Total goals/points, Handicaps, Match Winner, and Specials are examples of the different betting types available.

Live Streaming

1xBit offers live streaming for a variety of sports events, allowing users to watch matches in real-time while placing bets. This feature enhances the overall betting experience by providing instant access to live action. Key Features of 1xBit Live Streaming:

• Wide Range of Sports: You can watch live streams for popular sports like football, basketball, tennis, and more.
• Real-Time Betting: Place bets on live events as they unfold.
• High-Quality Streams: Enjoy clear and reliable streaming quality.

For certain sports, 1xBit offers live streaming, which is a significant benefit for bettors who want to follow their bets in real time. The availability of live streams varies depending on the sport and event.

Odds and Margin

1xBit is known for offering competitive odds and low margins, making it an attractive option for bettors. Here are some key points about their odds and margins:

• Competitive Odds: 1xBit provides very competitive odds across various sports, with football often having the juiciest odds.
• Low Margins: The margins on 1xBit are relatively low compared to other bookmakers, with margins around 3.8% in major European leagues like the Premier League.
• Wide Range of Sports: You can find favorable odds in a variety of sports, including football, basketball, cricket, eSports, tennis, and more.

These features make 1xBit a popular choice for bettors looking to maximize their potential returns.

Placing a bet on 1xBet

Placing a bet on 1xBit is straightforward. Here's a step-by-step guide: Step-by-Step Guide:

1. Create an Account: Visit the 1xBit website and register for an account. You'll need to provide your email, phone number, and password.
2. Verify Your Account: Check your email or phone for a verification code and enter it to verify your account.
3. Deposit Funds: Go to the "Deposit" section and choose your preferred cryptocurrency (Bitcoin, Ethereum, etc.). Follow the instructions to complete the transaction.
4. Navigate to Betting Section: Once your account is funded, navigate to the sports or casino section.
5. Select Your Bet: Choose the sport or game you want to bet on. You can use the search function to find specific events.
6. Place Your Bet: Select the event, choose your bet type (win/lose, over/under, etc.), and enter the amount you want to bet.
7. Confirm Your Bet: Review your bet slip and confirm your bet.
8. Track Your Bet: You can track your bet in real-time through the app or website.

Additional Tips:

1. Promo Codes: Use promo codes for additional bonuses.
2. Cashback: Earn cashback on your bets.
3. Live Betting: Place bets in real-time as events unfold.

Account verification To verify your 1xBit account, follow these steps: KYC Verification Process:

1. Log In: Sign in to your 1xBit account using your credentials.
2. Navigate to KYC Section: Go to your profile settings and click on the KYC verification option.
3. Upload Required Documents: You will need to upload a government-issued ID (such as a passport, national ID card, or driving license) and proof of address (utility bill, bank statement, etc.).
4. Verification Process: Once the documents are uploaded, the 1xBit team will review them within 24-48 hours. If additional information is needed, you will be notified through your registered email.

Completing the KYC process ensures account security and compliance with regulatory requirements, providing a safer betting environment.

Customer Support 1xBit offers 24/7 customer support to assist users with any questions or issues they may have. You can reach their support team through:

• Live Chat: Available directly on the website for real-time assistance.
• Email: You can contact them at support-en@1x-bit.com.
• Social Media: They are also reachable via their social media channels.

Security & Licensing

1xBit is licensed and regulated by the Curaçao Internet Gaming Association (CIGA), ensuring that it adheres to fair gaming practices and player protection standards. Security Measures: 1xBit employs several security measures to protect user data and ensure fair gameplay:

• SSL Encryption: Protects data during transmission.
• Two-Factor Authentication (2FA): Adds an extra layer of security to user accounts.
• Random Number Generator (RNG): Ensures fair and random outcomes in games.
• Firewall Technology: Protects against unauthorized access and cyber threats.

These measures help create a secure and trustworthy environment for users.

1xBit pros and cons

As with any good unbiased review, you should weigh the pros and cons of using this platform, especially if you are planning to start working with this operator/vendor.

Some pros

– 40+ cryptocurrencies accepted (Bitcoin, Ethereum, Dogecoin and more)

– Sports betting and additional games

– Huge selection of international sports markets

- Live betting and streaming

- High odds and bet insurance

- Lots of promotions

- Simple and fast registration

– Available in over 60 different languages.

Some cons

– Only cryptocurrency is used on the site.

1xBit Sportsbook Review: Conclusion

Our experts recommend 1xBit for betting to almost all players. For beginners, this is a great opportunity to learn how to place bets in one of the bookmakers with the largest selection of events. 1xBit will help professional cappers hide their income and, as a result, avoid paying taxes on additional profits. It also opens up great prospects for betting with maximum limits.

1xBit Sportsbook FAQs

Is 1xBit Sportsbook licensed? Yes, it is licensed by Curacao eGaming. Is the 1xBit Sportsbook easy to use? There is a good organization to the website, with different betting markets divided into sections. Navigating the web is easy and intuitive when looking for a specific game. You can find the game you want to play quickly and easily by using the filter feature. Is there a mobile app for 1xBit? There is an app for both Android and iOS, so you can download it on your device. Do welcome bonuses require a minimum deposit? Yes, it's 5 mBTC. This only applies to the welcome bonus. Please read the relevant terms and conditions for other bonuses. At 1xBit, can I view my previous bets? Yes, there is a Bet History section on 1xBit, which shows all your previous bets. You can access it by going to "My Account" section. There is a tab called "Bet History" there.