⸺ Welcoming you to the exciting world of cryptocurrency betting in Nigeria!
With Bookmakers, you can bet on sports using Bitcoin and other digital currencies.
The benefits of crypto betting include the ease and safety of placing bets.
Following is a list of our top twenty crypto bookmakers in Nigeria based on our comprehensive reviews:
Best 20 Bitcoin Bookies
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1win is an online bookmaker that offers a variety of betting options, including sports betting, casino games, and live betting. Reviews of 1win generally highlight its user-friendly interface, wide range of betting markets, and attractive promotions and bonuses.
Welcome Bonus:
30 USDT Free Bet: You must wager at least 30 USDT on a sport with odds of 1.5 or higher within 7 days. A free bet of 30 USDT will be credited once the wager has been placed.
30 Free Spins: As well as the free bet, you will also get 30 free spins on Gates of Olympus 1000.
1Win offers several attractive bonuses and promotions for new and existing users.
Here are the main ones:
Welcome Bonuses:
500% Bonus: New players can get a 500% bonus on their first deposit, with a maximum bonus amount of $700.
Cashback: Up to 30% cashback on weekly losses for sports betting or casino games.
Reload Bonuses:
2% Bonus: Get a 2% bonus on all deposits made via cryptocurrencies.
Promo Codes: Use promo codes during deposits to receive additional funds for gaming.
Special Promotions:
Free Spins: Receive free spins on deposits to play MascotGaming games.
Weekly Leaderboard: Participate in a weekly leaderboard with cash prizes for the most active players.
Rebate Programs:
Sportsbook Rebate: Receive a 10% rebate on sportsbook losses.
Casino Rebate: Enjoy a 10% weekly rebate on casino losses.
These bonuses and promotions make 1Win an attractive option for both new and experienced bettors. Have you tried any of these bonuses yet?
Betwinner is an online bookmaker that was established in 2018.
Here are some key points about Betwinner:
Wide Range of Sports and Markets: Betwinner offers betting on over 40 sports, including football, basketball, tennis, and even politics.
Competitive Odds: The odds are generally competitive, with some reaching up to 97% for top leagues.
Multiple Payment Options: They accept various payment methods, including cryptocurrencies like Bitcoin and Ethereum.
Live Streaming: Betwinner provides live streaming for many events.
User-Friendly Interface: The platform is known for its convenient and thoughtful interface.
Promotions and Bonuses: They offer various promotions, including a 100% deposit bonus every Thursday.
Betwinner Bonuses
Betwinner offers a variety of bonuses and promotions to enhance your betting experience.
Here are some of the key bonuses available:
First Deposit Bonus
200% First Deposit Bonus: New players can receive up to 100,000 NGN (or equivalent) as a bonus on their first deposit. To claim this, simply register, make a minimum deposit of 400 NGN, and the bonus will be automatically credited to your account.
Bet Insurance Bonus
100% Bet Insurance: If you're unsure about your bet, Betwinner offers a 100% bet insurance. This means if your bet loses, you'll get your stake back as a bonus.
Terms and Conditions
Rollover Requirements: To withdraw any bonus and associated winnings, you typically need to meet certain wagering requirements.
For example, the sports welcome bonus requires a 5x wager in accumulator bets with minimum odds.
These bonuses can provide a great boost to your betting funds, but be sure to read the terms and conditions carefully to understand the requirements and limitations.
1xBet is a well-known online bookmaker that has been around since 2011.
Here are some key points about 1xBet:
Wide Range of Sports and Markets: 1xBet offers over 60,000 events monthly across 50+ sports. This includes popular sports like football, basketball, tennis, and more.
Competitive Odds: The platform is known for providing high odds across various sports.
Variety of Payment Options: They offer numerous payment methods, making it convenient for users to deposit and withdraw funds.
Promotions and Bonuses: 1xBet has a range of promotions, including welcome bonuses, cashback offers, and loyalty programs.
Mobile-Friendly: The platform is accessible via mobile devices, allowing users to bet on the go.
1xBet Bonuses
1xBet offers a variety of bonuses and promotions to attract and reward its users.
Here are some of the key bonuses available:
Welcome Bonus
Sports Bonus: New users can get a 300% deposit bonus up to 600,000 NGN or equivalent in other currencies.
Other Promotions
Lucky Friday: Get up to 300€ on Fridays.
Goalless Football: Get a 100% bet refund in the event of a goalless draw.
Loyalty Rewards: Regular players can enjoy loyalty rewards, free spins, and cashback offers.
Special Offers
Advancebet: Available to customers with unsettled bets in their accounts.
Birthday Bonus: Personalized bonuses for users celebrating their birthday.
Esports Era: Risk-free bets on selected esports events.
These bonuses and promotions are subject to specific terms and conditions, such as wagering requirements and expiry dates, so it's always a good idea to check the details before claiming them.
Megapari is a 2019-launched bookmaker.
It has quickly gained a sizeable share of the sports betting industry.
Here are some key features of Megapari:
Sports Coverage: Megapari offers wagers on over 45 sports and 1,000 live matches every day. It covers popular sports such as football, basketball, tennis, and cricket. It also offers exotic sports such as keirin, bare-knuckle fighting, rowing, and ante betting on horses and dogs.
Odds & Betting Options: Megapari provides competitive odds with 300+ additional bets on important events. The odds have all the display formats known in sports betting: American, Decimal, Fractional, Malay, Hong Kong, and Indonesian.
Live Streaming: Megapari’s Live Streaming feature is accessible without registration, allowing users to watch matches in real time.
Mobile Apps: Megapari has mobile apps for both Android and iOS users.
Withdrawals: Megapari is known for its fast withdrawals.
Promotions: Megapari offers continuous promotions and bonuses.
Megapari offers several attractive bonuses and promotions for new and existing users.
Here are the main ones:
Welcome Bonus:
200% Deposit Match: New players can get a 200% deposit bonus up to 362,000 NGN.
To claim the bonus, simply sign up, make your first deposit using the code m_64641, and start playing.
Other Promotions:
Enhanced Odds: Regularly offers enhanced odds on various sports and casino games.
Daily Cashback: Provides daily cashback to reward loyal users.
Regular Bonuses: Offers various bonuses and promotions throughout the year to keep users engaged.
These bonuses and promotions make Megapari an attractive option for both new and experienced players. Have you tried any of these bonuses yet?
22Bet is a well-established online betting platform that has been gaining popularity since its launch in 2018.
Here are some key points from various reviews:
Pros:
Wide Range of Sports: Offers over 40 sports betting markets, including popular sports like football, tennis, and basketball, as well as more specialized options like snooker and esports.
Competitive Odds: Provides competitive odds and betting markets.
User-Friendly Interface: The website is easy to navigate with a straightforward sign-up process.
Multiple Payment Methods: Supports various payment options, including credit/debit cards, e-wallets, and cryptocurrencies.
Fast Payouts: Users have reported quick transaction times for deposits and withdrawals.
Good Customer Support: The support team is responsive and helpful.
Cons:
Limited Promotions: Some users feel that there could be more incentives for sports bettors.
No Built-in Livestreams: The platform does not support built-in livestreams for some sports.
22Bet offers several attractive bonuses and promotions for new and existing users.
Here are the main ones:
Welcome Bonus:
100% Deposit Match: New players can get a 100% deposit bonus up to 500,000 NGN (or equivalent in other currencies) on their first deposit. This means if you deposit 1,700 NGN, you'll get an additional 1,700 NGN bonus.
Friday Reload Bonus:
100% Bonus Up to 170,000 NGN: Make a deposit on Friday to get a 100% bonus up to 170,000 NGN for sports betting.
Accumulator Saver:
Accumulator Bet Protection: Place an accumulator bet consisting of 7 or more selections on any sports. If one selection within your accumulator loses, 22Bet will refund 100% of your stake.
Loyalty Program:
Weekly Cash Rebate: Get a weekly cash rebate of 0.3% on your sports betting.
These bonuses and promotions make 22Bet an attractive option for both new and experienced bettors.
Overall, 22Bet is considered a reliable and user-friendly betting platform with a wide range of sports and competitive odds.
However, it's always a good idea to do your own research and consider your specific needs before choosing a betting platform.
Crypto betting in Nigeria has gained significant attention in recent years due to the increasing popularity of cryptocurrencies and the growing interest in online betting.
However, it’s important to consider both the potential benefits and challenges involved in crypto betting, particularly in the Nigerian context.
Key Aspects of Crypto Betting in Nigeria
Cryptocurrencies in Nigeria:
Cryptocurrencies like Bitcoin, Ethereum, and others have become popular among Nigerians as alternatives to traditional banking systems. Due to limited access to formal financial services for many Nigerians, cryptocurrencies provide a means of engaging in global transactions, including online betting.
Nigerian bettors can use cryptocurrencies to bypass traditional banking methods, especially in a country where there are regulatory challenges or restrictions on online gambling and financial transactions.
Advantages of Crypto Betting in Nigeria:
Faster Transactions: Crypto transactions are usually faster than traditional banking methods, which can be particularly appealing for bettors who want to deposit or withdraw funds quickly.
Lower Transaction Fees: Many cryptocurrencies offer lower transaction fees compared to conventional payment methods like bank transfers or credit cards.
Privacy: Cryptocurrencies can offer a higher level of privacy, which appeals to users who value anonymity in their financial transactions.
Global Reach: Using crypto allows Nigerians to participate in international betting platforms that may not accept local currencies or Nigerian bank accounts.
Risks Involved:
Volatility: Cryptocurrencies are known for their price volatility, which can affect both the value of funds in betting accounts and the overall betting experience.
Security: While blockchain technology is inherently secure, the risk of hacking, scams, and fraud still exists, especially on unregulated or less-known platforms.
Legal Uncertainty: As the Nigerian government’s stance on crypto evolves, the legal landscape for crypto betting might change. Bettors need to stay informed about the legal environment to avoid issues with the authorities.
Cultural and Social Considerations:
Betting Culture: Sports betting is a popular pastime in Nigeria, with a strong focus on football (soccer), and the growing trend of crypto betting may appeal to a younger, more tech-savvy demographic.
Responsibility: Betting can lead to addiction, and players should engage in crypto betting with caution. It’s important to understand the risks involved and gamble responsibly.
How to Get Started with Crypto Betting in Nigeria
Getting started with crypto betting in Nigeria can be an exciting venture! Here are some steps to help you get started:
Choose a Reliable Betting Site: Look for reputable crypto betting sites that accept Nigerian users. Some popular options include 1xBet, 22Bet, BetWinner, and 1WIN.
Create an Account: Sign up on the chosen betting site by providing your personal details and verifying your account.
Deposit Funds: Deposit funds into your betting account using cryptocurrencies like Bitcoin, Ethereum, Litecoin, or Dogecoin. Ensure the site offers secure and fast transactions.
Explore Betting Options: Familiarize yourself with the different betting options available on the site, such as sports betting, casino games, and live betting.
Place Your Bets: Once you're comfortable, start placing your bets using your crypto wallet. Remember to start with small bets until you get the hang of it.
Withdraw Winnings: If you win, you can withdraw your winnings directly to your crypto wallet. Check the withdrawal limits and processing times for each site.
Stay Informed: Keep up with the latest news and trends in both the cryptocurrency and betting worlds to make informed decisions.
Top Crypto Betting Platforms in Nigeria:
Here are some of the top crypto betting platforms in Nigeria:
1xBet: Known for its wide range of sports betting options and fast transactions.
Megapari: Offers a variety of betting options and supports multiple cryptocurrencies.
1WIN: Provides a huge selection of games and a generous welcome bonus.
BetWinner: Popular for its user-friendly interface and generous bonuses.
BC.Game: Supports over 8,000 games, including slots, casino, and sports betting.
Responsible Crypto Betting in Nigeria
Responsible crypto betting is crucial to ensure a safe and enjoyable experience. Here are some tips to help you bet responsibly:
Set a Budget: Decide on a specific amount of money you're willing to spend on betting and stick to it. Avoid chasing losses by betting more to recover previous losses.
Time Management: Allocate a specific amount of time for betting and stick to it. Avoid spending excessive time on betting platforms.
Research: Before choosing a betting platform, research its reputation, security measures, and user reviews. Ensure the platform is licensed and regulated.
Know the Risks: Be aware of the risks associated with crypto betting, such as market volatility and potential security breaches. Only bet what you can afford to lose.
Take Breaks: Regularly take breaks from betting to assess your financial situation and mental well-being. This helps prevent burnout and impulsive betting.
Seek Help if Needed: If you feel that betting is becoming a problem, seek help from support groups or professional counseling services.
By following these tips, you can enjoy crypto betting responsibly and minimize potential risks.
Conclusion
Crypto betting in Nigeria offers exciting opportunities due to its speed, privacy, and ease of access, especially for those who prefer cryptocurrencies over traditional payment methods. However, the lack of clear regulatory frameworks, security risks, and potential volatility of digital currencies mean that Nigerian bettors should approach crypto betting with caution. It is crucial to use reputable platforms, stay informed about local laws, and practice responsible gambling.
Frequently Asked Questions
Crypto betting involves placing bets on sports, casino games, or other events using cryptocurrencies like Bitcoin, Ethereum, and Litecoin instead of traditional currencies.
This means you can use your digital assets to wager and potentially earn more crypto based on the outcomes of your bets.
Crypto gambling in Nigeria is in a bit of a gray area.
While cryptocurrencies themselves are not banned, the Central Bank of Nigeria (CBN) has imposed restrictions on financial institutions dealing with cryptocurrencies.
This means that while individuals can still use cryptocurrencies, including for gambling, the regulatory environment is still evolving.
It's important to stay informed about any changes in regulations and ensure you're using licensed and regulated platforms to minimize risks.
Choose a Reliable Betting Site: Ensure the site is licensed and has robust security measures.
Create an Account: Sign up and verify your identity if required.
Deposit Funds: Use your cryptocurrency wallet to deposit funds into your betting account.
Place Bets: Start betting on your chosen sports or games.
Most crypto betting sites offer free transactions, but it's essential to check the specific fees, processing times, and limits applied by each site.
Recognizing the signs of problem gambling is crucial for early intervention and seeking help. Here are some common signs to watch out for:
Preoccupation with Gambling: Constantly thinking about gambling, planning the next bet, or finding ways to get more money to gamble.
Chasing Losses: Trying to win back lost money by gambling more, often leading to even bigger losses.
Neglecting Responsibilities: Skipping work, school, or family obligations to gamble.
Lying About Gambling: Hiding the extent of gambling activities from family and friends.
Borrowing Money: Asking for loans or using credit to fund gambling.
If you or someone you know is showing these signs, it might be time to seek professional help.
There are resources and support groups available to assist with gambling addiction.