Nigeria is one of the biggest countries that has adopted cryptocurrencies. Using Bitcoin for payment has been controversial over the past few years, but the new tax law makes using this means of payment legal in Nigeria.
While there are only a limited number of sports betting websites that offer and accept Bitcoin as a payment method at the moment, we have gone through the bookies that currently accept Nigerians, and users can stake with Bitcoin.
What are Bitcoin Sports Betting Sites?
Bitcoin sports betting sites are platforms that accept Bitcoin as a deposit, staking, and withdrawal option. These bookies can also accept local currencies like Naira, but accepting crypto opens them to a worldwide audience.
How to Use Bitcoin for Sports Betting in Nigeria
Using Bitcoin for sports betting in Nigeria is very easy and almost like every other payment method. For depositing on your preferred bookmaker, you need to have enough Bitcoin to cover the transaction fee.
To use your Bitcoin for sports betting, you’ll need to go to your sports betting account, select Bitcoin as your deposit option. Next, copy the address provided and send your Bitcoin to the address.
Best Betting Sites that Accept Bitcoin in Nigeria
Many Bitcoin betting sites operate in Nigeria, although most have international betting licenses, some have Nigerian betting licenses that accept Bitcoin as a payment method. Below are some of the bookies:
1XBet
1XBet is one of the most prestigious Bitcoin betting sites in Nigeria, thanks in large part to its secure and confidential system for players. 1Xbet offers a wide variety of promotions and events that attract many players from around the world.
1Xbet is one of the online betting sites with the largest number of players and is considered one of the most important betting sites of recent times.
This bookmaker’s bonuses and promotions are tailored to its users based on their activity and betting frequency. Less active 1XBet players are offered daily bonuses on all Bitcoin betting options.
Stake
Stake is a well-known Bitcoin and crypto bookmaker with a long and successful online presence. One of its biggest strengths is keeping all data safe and secure, offering an effective protection and encryption system on its online platform. The large number of promotions, updated daily, is also noteworthy.
An important feature of Stake is that you can deposit not only in Bitcoin but also in other cryptocurrencies. Their odds, bonuses, and betting features are among the best in the world, not only in Nigeria.
Melbet
Melbet is a favorite among Bitcoin bettors in Nigeria and worldwide, as it ensures a seamless sports betting experience. Melbet was officially launched in 2012, but has become one of the favorite bookies to deposit and withdraw your Bitcoin.
With Melcbet, you can play casino games and sports betting with exciting features, like Bet Builder, 1UP, cashout, etc. You can play on both your computer and your mobile device. Melbet is also famous for its bonuses and freebets that are unique among many online bookmakers.
Bets.io
For us, Bets.io Sports is the perfect betting site for playing with your cryptocurrencies. At this sportsbook, you’ll have access to a daily guide with the most accurate statistics, so Bitcoin bettors can increase their chances of winning.
One of the advantages of betting with Bitcoin and cryptocurrencies on Bets.io is that all transactions are processed almost instantly (deposits and withdrawals).
Bets.io is popular in the world of Bitcoin betting because registration is seamless and account data is secure. They also offer a chat service to answer any questions you may have about betting with Bitcoin on their platform. Nitrogen Sports is also known for its promotions: each month, they run various promotions for both new and existing users.
At Bets.io, you can bet on three different sports: In the Sportsbook, you can place live sports bets on a wide variety of sports. In the Poker and Casino sections, you can play poker and any of the casino games entirely with your Bitcoin deposit, and enjoy frequent promotions.
MegaPari
This betting site accepts Bitcoin and offers a very easy and simple platform for placing bets on various sports. With its good design and simplicity, MegaPari is establishing itself as one of the fastest-growing Bitcoin sports betting sites. This is thanks, in part, to its welcome bonus, which is one of the best in Nigeria.
At MegaPari, you’ll find a wide variety of sports you can bet on. From football to horse racing, they offer promotions on your weekly losses, plus jackpots with other substantial bonuses. Best of all, MegaPari has a very user-friendly app that lets you bet on live events.
In addition to sports betting, MegaPari offers a wide selection of over 100 casino games that can be played from the comfort of your home.
BetWinner
BetWinner has burst onto the online Nigerian gambling scene with one of the simplest systems for placing bets and incredibly fast payment systems for both deposits and withdrawals. The best part about BetWinner is that various bonuses and promotions are going on every day and for different sports.
CloudBet
CloudBet is another major player in the world of Bitcoin betting. At this sportsbook, you can bet with Bitcoin on casinos and sportsbooks. CloudBet provides general odds and limits for each betting category.
Cloudbet offers guides on betting strategies with bitcoins and how to make money by betting correctly with bitcoins, so your chances of winning bitcoin bets skyrocket.
Cloudbet is considered by many to be the best Bitcoin sports betting site. It’s a highly recommended bookmaker, as you can bet with Bitcoin in their online casino. The large number of markets they offer, with very attractive odds, is particularly noteworthy.
Conclusion
Betting with Bitcoin or other cryptocurrencies is a wholesome experience in Nigeria. Many bookies just accept Bitcoin as a payment method, while others allow you to actually stake with it. We have discussed the best bookmakers that offer these services and what puts them above the rest in Nigeria.
Remember to bet responsibly and always ensure you’re sending your BTC to the correct bookmaker wallet address, because if you send it to the wrong address, there’s no reversing it.
