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Nigeria’s Southeast Senate Caucus Withholds Endorsement of Tinubu’s Tax Reform Bill, Calls for Wider Consultation

By
Samuel Nwite
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0

The South-East Caucus of the Nigerian Senate has refrained from endorsing President Bola Tinubu’s controversial tax reform bill, citing the need for broader consultations with stakeholders and constituents.

Following a closed-door meeting on Monday, senators from the five Southeast states, led by Senator Enyinnaya Abaribe (APGA, Abia South), voiced concerns over the perceived lack of inclusivity in the process leading up to the bill’s drafting.

While the caucus clarified that it does not oppose the reforms outright, it stressed the importance of engaging stakeholders to ensure that the final framework reflects equity and addresses the concerns of the region.

“As senators from the South-East, we are not against the Tax Reform Bills. However, we insist on wider consultations with our constituents across the 15 senatorial districts, state governments, and other critical stakeholders in our zone,” Abaribe stated during a briefing after the meeting.

The caucus noted that the proposed tax reforms hold significant implications for all regions and must be approached cautiously to ensure fairness. Abaribe emphasized the need to engage with constituents, state governments, and other critical actors to develop a framework that aligns with the interests of the South East and the country at large.

“We have reviewed the bills and feel it is essential to share our insights with stakeholders in the South-East to ensure the final framework reflects equity and addresses regional concerns. Consultation is vital for inclusiveness and effective legislation,” he said.

The South-East senators’ stance mirrors broader sentiments of caution expressed by other regions. While the South-West and South-South have largely shown support for the tax reform bills, opposition has come from the North, where governors and other stakeholders have argued that the proposed value-added tax (VAT) sharing formula disproportionately disadvantages the region.

Background of Opposition to the Tax Reform Bills

The tax reform bills, central to President Tinubu’s economic agenda, aim to enhance Nigeria’s fiscal performance by expanding the tax base and addressing revenue shortfalls. However, the reforms have faced significant resistance from various quarters.

In the North, governors have criticized the proposed VAT sharing formula, which allocates 10% of VAT revenue to the federal government, 55% to states, and 35% to local governments. They argue that the formula fails to consider regional economic disparities, warning it could widen the gap between the resource-rich South and the North.

However, the South-East’s stance has drawn criticism from economists, who argue that the region’s hesitation could undermine national progress. Kalu Aja, a prominent economist, described the caucus’s position as “short-sighted,” urging the region to adopt the reforms while identifying specific areas of concern for negotiation.

“There is nothing in that tax bill that impedes the progress of the South-East in particular and Nigeria in general. The South-East should have adopted the bill and detailed where they have issues,” Aja stated in a critique of the caucus’s approach.

Aja’s comments reflect a broader sentiment among economic analysts, who see the reforms as a necessary step toward improving Nigeria’s revenue-to-GDP ratio and reducing reliance on oil revenue.

However, Abaribe noted that the caucus intends to engage stakeholders across the 15 senatorial districts in the region, as well as state governments, to ensure that the final framework addresses regional concerns.

“We need to consult with our constituents across the 15 senatorial districts in the zone, with our state governments, and with other critical stakeholders,” he said.

The outcome of these consultations is expected to influence the trajectory of the tax reform agenda, which has been put on hold, particularly in addressing concerns about equity and fairness.

Tekedia Capital Congratulates Zimi for Raising $2m

By
Ndubuisi Ekekwe
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0

Good People, join me to congratulate Zimi (withzimi.com), for raising $2m. Zimi is  a tech-enabled fulfillment provider that is bringing Amazon Prime-like delivery to exporters in emerging markets. Simply, it makes it easier, faster, and cheaper to sell products internationally. Merchants, you reach global buyers in as little as 2 days while saving up to 80% on shipping costs!

Africa’s largest market is the diaspora market. The diaspora has the size and the financial resources to fund the next phase of Africa’s development and growth. This diaspora includes the first and new generations of diasporas. Yet, the question is this: how do you reach them? Answer that, and you have an alpha moment.

And Zimi is answering. Tekedia Capital (capital.tekedia.com) is honoured to be part of this mission. Win more markets, Zimi.

RMAFC Opposes Nigeria’s Proposed VAT Sharing Formula, Cites Constitutional Breaches

By
Samuel Nwite
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0

The Revenue Mobilization Allocation and Fiscal Commission (RMAFC) has raised objections to the value-added tax (VAT) sharing formula proposed in President Bola Tinubu’s tax reform bills, arguing that the provisions contravene Nigeria’s constitution.

In a memorandum signed by Muhammad Shehu, the commission’s chairman, RMAFC outlined a range of constitutional, legal, and technical concerns, asserting that the proposed changes violate Nigeria’s 1999 Constitution.

President Tinubu presented the tax reform bills to the National Assembly on October 3, urging lawmakers to pass them swiftly despite significant pushback from stakeholders. Central to the controversy is the new VAT sharing formula, which proposes allocating 10 percent of VAT revenue to the federal government, 55 percent to state governments, and 35 percent to local governments.

This is a departure from the current arrangement, which allocates 15 percent of VAT revenue to the federal government, 50 percent to states, and 35 percent to local governments. While the proposed changes are intended to empower states with greater financial autonomy, RMAFC has expressed grave concerns over what it describes as the arbitrary nature of the reforms.

In its memorandum, the commission stated that Section 162(2) of the 1999 Constitution grants it the sole authority to determine equitable revenue-sharing formulas among the three tiers of government. Muhammad Shehu emphasized that RMAFC’s constitutional mandate includes ensuring that revenue-sharing arrangements adhere to principles of fairness, justice, and equity.

Although the RMAFC acknowledged that the entire tax reforms bills will boost Nigeria’s economic growth, and expressed support for it, the commission opposed the VAT sharing formula.

Speaking about the tax reform bills, it said: “They will help integrate untapped revenue sources, including contributions from the informal sector, into the tax net. Additionally, these reforms will enhance Nigeria’s revenue-to-GDP ratio, positioning the country more favorably among nations with high fiscal performance.

“The Commission, therefore, expresses its full support for the proposed legislation and is confident it will serve as a pivotal step toward elevating Nigeria’s revenue generation and financing sustainable development.”

However, Shehu argued that the proposed bills bypass this mandate and risk undermining the commission’s role as a key player in Nigeria’s fiscal framework. He explained that the formula must be developed through a thorough and inclusive process to reflect the diverse needs and circumstances of the country.

“This memorandum outlines the commission’s position, emphasizing its constitutional mandate to ensure that VAT allocation adheres to the principles of fairness, justice, and equity, and highlighting why any arbitrary apportionment may be inappropriate and unconstitutional,” he said.

The commission also highlighted that the lingering debate over VAT derivation—how VAT is allocated based on where it is generated—has created significant tensions among stakeholders. RMAFC warned that adopting an arbitrary formula, such as the one proposed in the reform bills, could exacerbate these divisions, threatening national unity and constitutional harmony.

RMAFC has called for the federal government to empower the commission to finalize a VAT allocation formula that aligns with its constitutional responsibilities. The commission insists that any legislative or executive measure undermining its authority would be detrimental to Nigeria’s fiscal integrity.

Shehu proposed adopting modern tools like electronic invoicing and transaction monitoring to ensure VAT collections are tied to end-user locations. Additionally, he called for legislative amendments to address derivation issues in interstate transactions.

RMAFC’s intervention is a response to broader concerns about the potential implications of the tax reform bills. While the reforms aim to boost Nigeria’s revenue-to-GDP ratio and integrate untapped revenue sources, such as contributions from the informal sector, the commission warns that rushing the process could lead to unintended consequences.

The commission’s position has placed it at odds with the administration’s push for reform, making it the only government institution to challenge the new VAT-sharing formula. This highlights the complexities of balancing fiscal reforms with constitutional obligations and the diverse interests of Nigeria’s federating units.

Gamdom Casino Review – Gamdom Gambling & Betting

By
TI Partners
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0

Our independent casino review team has taken a detailed look at Gamdom Casino in this review and evaluated its qualities and drawbacks in accordance with our casino review process. In assessing this casino’s safety, our review team has considered crucial factors such as the fairness of its Terms and Conditions, licenses, player complaints, customer support, limits, and other relevant aspects to determine where it falls on the spectrum from safe and legit casino to a potential scam.

Based on the data collected, we have determined the casino’s Safety Index, which is a score given to online casinos to describe their level of safety and fairness. The higher the Safety Index, the greater the assurance of playing and receiving winnings without problems. Gamdom Casino has a Very high Safety Index of 9.8, which makes it one of the safest and fairest online casinos on the internet, according to our methodology. Proceed with reading our Gamdom Casino review to learn more about this casino. This will help you make an informed decision about whether this casino is right for you.

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General Information – Gamdom Casino

Website: https://gamdom.com/

Owner: Smein Hosting N.V.

Established: 2016

License: Curaçao

Processing Times: Instant

Supported Languages: English, Polish, Rissian, Spanish, French, Portuguese, Turkish, Japanese, Finnish, Pinoy, Norwegian, Hindi

Supported currencies: USD, EUR, RUB, JPY, CAD, KRW, TRY, NOK, NGN, NZD, PLN, CZK

Payment Methods: BTC, ETH, USDT, TRX, XRP, DOGE, SOL, Bank Transfer, MasterCard, Google Pay, Paysafecard, VISA, PayPal, Trustly, Revolut

Live Casino: Yes

Sports Betting: Yes

Restricted Countries: Aruba, Austria, Australia, Bonaire, Curacao, French Guiana, French Polynesia, Germany, Guernsey, Gibraltar, Hungary, Isle of Man, Jersey, Liechtenstein, Luxembourg, Martinique, Reunion, Mayotte, Netherlands, Spain, Sweden, United States, United Kingdom

How to Claim your Bonus with the Stake Gambling Bonus Code

  1. Visit the Stake.com website and click on “Register”.
  2. Fill in all the necessary information of the registration form.
  3. Enter your Stake.com promo code or referral code in the space provided.
  4. Make a deposit of $50 or more.
  5. Receive your bonus of up to $1,000.

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Bonus offer – A Reward for signing up

Bonuses and promotions are a marketing strategy that online casinos use to draw players to their platforms. They usually include the promise of bonus credits when you make your first deposit or sign up for an account. Some operators may even offer a combination of offers to new players to sweeten the pot even more.

Oddly, the Gamdom bitcoin casino does not offer mainstream welcome bonuses. Like the newcomer’s promotion found in our other reviews, new registrations can expect to earn instant Rakeback/cashback on their spending rather than receive a deposit match bonus or free spins.

Gamdom offers 15% Instant Rakeback for the first 7 days. That means that you will receive back 15% of each bet you make in the first 7 days of your account being active. Like all bonuses, there are certain terms and conditions attached. Here is a summary of some of the requirements:

  • You must be 18 years or older to partake in the bonus.
  • The bonus is only available for 7 days after you claim it.
  • It is available only for new account registrations.
  • There is no wagering requirement on the Rakeback.

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Fairness and safety of Gamdom Casino

To determine a casino’s Safety Index, we use a detailed formula that considers a multitude of information gathered and assessed during our comprehensive review process. These include the casino’s T&Cs, complaints from players, estimated revenues, blacklists, and many others.

In our review of Gamdom Casino, we read and assessed Terms and Conditions of Gamdom Casino in-depth. We did not discover any rules or clauses that we deem unfair or predatory. This is a good sign, as rules of this nature could possibly be employed to avoid paying out winnings to players.

According to our approximate calculation or collected information, Gamdom Casino is a very large online casino. In proportion to its size, it has received complaints with a very low total value of disputed winnings (or it doesn’t have any complaints whatsoever). We factor in a correlation between casino’s size and player complaints, because we realize that larger casinos typically tend to receive more complaints on account of increased player count.

All of that, together with other factors considered in our review, has resulted in Gamdom Casino having a Safety Index of 9.8, which is a Very high value. The majority of players who are searching for an online casino that creates a fair environment for their customers will consider this casino an impeccable choice.

From a broader industry perspective, the growth of online gambling platforms serving Canada is closely linked to specialized iGaming technology providers such as Soft2Bet, which focus on casino software development, gamification features, and scalable platform solutions used across multiple international markets.

The Gamdom review of the usability, look & feel of the site

A Gamdom review should always prepare you for what you can expect to find when you load up on the site for the first time. You’ll notice straight away that this operator is quite different from some of the mainstream sites you have played on before.

For starters, there is a live chat window open on the left of the screen where players can interact with each other. This is because Gamdom is a community-based platform. Players can leave messages in the chat or even boast about their wins for all to see. There are also easily accessible leaderboards to follow the daily wins and progression throughout the day. So, while you can play in privacy, you can also engage in some moderated banter if you feel you’d like to.

Once you have signed in, you can skip between the various gaming platforms by pressing on the menu tab on the top left of the screen to make your selection. Once you choose the casino platform, an easy-to-use interface will load up on the display with basic menu systems and helpful filtering tools. These will help you narrow down your search and find the game you are after.

The Gamdom site is an instant play platform based on HTML5 browser technology. This means that you won’t need to download any special apps to play any of the games. Simply load up from your mobile or desktop browser. The site loads quickly and optimises itself for the specific device accessing it. The mobile version is more simplified than the desktop variant. 

Payments – Making your deposits and withdrawals

A vital part of playing online casino games is making online casino payments. Fortunately, Gamdom provides various ways for you to fund your account, no matter what part of the world you are from. This includes via bank transfer, e-wallet, and card payment. Gamdom also accepts cryptocurrency.

The most prominent mainstream money deposit methods include brands like Paypal, Visa, EcoPayz, Neosurf, Qiwi, Paysafecard, Skrill, Trustly, and Yandex. Here, you can transfer in currencies like USD, EUR, RUB, JPY, CAD, and KRW.

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Gamdom Casino T&Cs

When reviewing online casinos, we thoroughly go over the Terms & Conditions of every casino in order to monitor their fairness. Within the T&Cs of many casinos, we uncover clauses that we deem unfair or potentially predatory. These rules can be used as a reason for not paying out winnings to players in specific scenarios.

We did not find any unfair or predatory rules in the Terms and Conditions of Gamdom Casino during our review.

Player complaints related to Gamdom Casino

Our casino assessment approach relies heavily on player complaints, which provide us with a comprehensive understanding of struggles experienced by players and how casinos address them. When calculating the Safety Index of each casino, we consider all complaints received through our Complaint Resolution Center, as well as those sourced from other channels.

We have found no relevant complaints about this casino.

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User feedback and assessment of Gamdom Casino

On Casino Guru, players may evaluate and review online casinos to express their ideas, feedback, and experiences. Based on this information, we calculate a total user satisfaction rating that spans from Terrible to Excellent.

Gamdom Casino company information and licenses

Gamdom Casino belongs to Smein Hosting N.V. and has estimated yearly revenues over $20,000,000. This establishes it as a medium-sized online casino within the bounds of our categorization.

Gamdom Casino has been granted licenses by authorities in the following countries or regions: Comoros (Anjouan Gaming), Curaçao (Curaçao Gaming Control Board).

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About payment methods and win and withdrawal limits

Gamdom Casino accepts 33 payment options. This includes: Neteller, Skrill, PaySafeCard, Mastercard, VISA, Trustly, PayPal, Boleto Bancario, Bitcoin (BTC), AstroPay, Bank transfer, ApplePay, Solana (SOL), Revolut, SkinPay, Litecoin (LTC), Tron (TRX), Ripple (XRP), Dogecoin (XDG), Google Pay, Rapid Transfer, Caixa, Interac, UPI, PIX, Aninda Mefete, MB Way, blik, PayFix, Papara, Parazula, Ethereum (ETH), Tether (USDT).

Many online gambling sites place restrictions on the maximum winnings and withdrawal amounts for players. Oftentimes, the win and withdrawal limits are high enough as to not impact most players. That being said, there are casinos, which pose quite restrictive limitations on the win and withdrawal amounts. This is the reason why we consider these limitations in our casino reviews.

Note: Certain payment methods available to players may not be available for making both deposits and withdrawals. Also, some methods may only be available in selected countries.

To understand how helpful, professional, and prompt the customer support representatives are, we contact them directly as a part of our casino review methodology. Since customer support can assist you with problems related to the registration process at Gamdom Casino, account problems, withdrawals, or other issues, it holds significant value for us. Judging by the responses we have received, we consider the customer support of Gamdom Casino to be professional and fast.

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Gamdom Casino slots and casino games

You can play these types of games at Gamdom Casino: Slots, Roulette, Blackjack, Betting, Video poker, Bingo, Baccarat, Jackpot games, Live games, Craps and dice, Keno, Scratch cards, Other card games, eSports betting, Other games, Crash games, Live shows, Table games, Live baccarat, Live bingo, Live blackjack, Live dice games, Other live games, Live poker, Live roulette.

Titles supplied by 37 casino game providers are available. This includes NetEnt, Novomatic, Nolimit City, Play’n GO, Blueprint Gaming, Evolution Gaming, Pragmatic Play, Red Tiger Gaming, Thunderkick, Betsoft Gaming, Big Time Gaming, Playson, Push Gaming, BGaming, Endorphina, Wazdan, Spinomenal, Booming Games, Iron Dog Studio, Relax Gaming, Inspired Gaming, Fantasma Games, OctoPlay, Caleta Gaming, AvatarUX, Peter & Sons, Gamomat, OneTouch, 3 Oaks Gaming, Popiplay, TrueLab Games, Winfinity, SlotMill, Hacksaw Gaming, Amusnet (EGT), Ruby Play, PGsoft (Pocket Games Soft).

Live Casino – Real dealer gameplay

The immersive world of live casino gaming is well represented on the site and is one of the highlights of the Gamdom review. The games are provided by stalwarts in the industry, like Evolution Gaming, Pragmatic Play Live, and One-Touch Live. This ensures the availability of over 200 individual titles in this category alone.

Those who enjoy the real dealer gameplay on their mobile devices and desktops can enjoy a host of regular casino table games, like live roulette, blackjack, baccarat, sic-bo, and stacks more. There are numerous variants of each game available. The screen overlays the table perfectly, making it feel like you are seated at a real table. You can also interact with the dealer and other fellow gamers at the table using the live chat portal.

Those who prefer luck-based outcomes in casino games needn’t miss out either, as Evolution Gaming provides a host of live-hosted game show titles, including Crazy Time, Dreamcatcher, Deal or No Deal, and others.

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Limits – Plenty of games for high rollers

The RNG table games provide entertainment for players wanting to wager anywhere between $1 and $1,000 per round. The higher limit games can be found in the live casino portfolio. Here, some of the roulette games will allow gameplay of up to $4 million per round. Other blackjack tables offer betting as high as $10,000 per deal.

‘Crash’ is a unique game that allows betting of up to $60,000 but will auto cash-out after $120,000 in winnings. Hi/Lo allows up to $3.75 million on red/black bets.

Slot game limits vary from game to game. On average, you should be able to place a wager of between $0.05 and $100 per round. The multipliers in slot games are generally higher than those in other games.

Product summary – What do you think of the Gamdom casino?

Variety is the real winning formula at Gamdom. Our Gamdom review reveals clearly that an abundance of titles is available for you to enjoy with wagering limits to suit your own budget. There is a lack of instant play number games like keno and bingo, but the sheer abundance of other options makes up for this. The software is first class, ensuring that both mobile and desktop users can engage in each game seamlessly.

Gamdom Casino bonuses and promo codes

Online casinos offer bonuses to new or existing players to give them an incentive to create an account and start playing. Sadly, there are now no bonuses available from Gamdom Casino stored in our database. 

 >>>Visit Gamdom Now<<<

The Best Crypto Betting Sites & Bitcoin Sportsbooks in December 2024

By
TI Partners
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0

Find all the top-rated crypto betting sites in December ranked below. Take your pick and get instant access to excellent markets, odds, payment types, and offers, on desktop or mobile including Telegram for quick and anonymous access.

Top 10 Crypto Sportsbooks

We’ve tried out dozens of top crypto sports betting websites to find out which ones offer the best bonuses, the most competitive odds, and the widest range of betting features. Based on our analysis, these are the 10 best Bitcoin betting sites for 2024:

  1. Gamdom – Top Anonymous Sportsbook with Telegram Integration
  2. Stake – Best Crypto Betting Site for Diverse Gambling Options
  3. Melbet – Most User-Friendly Crypto Betting Site
  4. 1XBit – Telegram-Only Site with Secure Crypto Sports Betting & Live Streaming
  5. BCGame – Popular BTC Sportsbook with Exclusive Casino Games
  6. Bombastic – Best Bitcoin Online Sports Betting Site for Esports
  7. Cloudbet – Top Crypto Sportsbook with Contest Play
  8. Weiss – Best Bitcoin Sportsbook for Prop Bets
  9. Velobet – Best Cryptocurrency Betting Site for Live Betting
  10. FortuneJack – Best Bitcoin Betting Site for Virtual Sports

Comparison of the Best Crypto Betting Sites

Want to know more about how the best Bitcoin betting sites stack up? We put together the table below to help bettors compare key features like bonuses, accepted cryptocurrencies, payout times, and more.

Betting Site Welcome Bonus Accepted Crypto Types of Bets
Gamdom 200% first deposit + 50 free spins Bitcoin, Ethereum, DOGE, Bitcoin Cash, Tether, Litecoin, Cardano, FLOKI, SHIB, BONK NFL, NBA, MLB, Soccer, Rugby, Golf, Esports and more.
Stake 200% deposit bonus + 50 free spins Bitcoin, Dogecoin, Ethereum, Tether, XRP, Bitcoin Cash, Cardano, Binance Coin, SHIB, BONK, FLOKI NBA, NFL, MLB, NHL, Soccer, Rugby, Golf, Tennis, Esports, and more.
BCGame Up to 840% deposit match in BCD Bitcoin, Ethereum, Ripple, Stellar, Dash, Monero, EOS, Bitcoin Cash, Tether, Polkadot, Litecoin, BNB, DAI, Aave, Tron, Shiba Inu, Polygon, Fantom, USD Coin NFL, NBA, Tennis, Soccer, Water Polo, Esports, Golf, MLB, MMA, Snooker, and more.
Melbet 100% deposit match up to 5 BTC Bitcoin, Ethereum, Bitcoin Cash, Tether, USD Coin, PAX, PAXG, Chainlink, DAI, Dash, Dogecoin, Litecoin NFL, NBA, Tennis, MLB, Soccer, Esports, Table Tennis, Cricket, and more.
1XBit 200% matched deposit bonus up to 10 ETH Bitcoin, Bitcoin Cash, Ethereum, Tron, Dogecoin, Tether, FLOKI, BONK, SHIB NFL, NBA, NHL, MLB, Soccer, NASCAR, UFC, Cricket, Golf, Rugby, Esports, and more.
Bombastic 100% deposit match Bitcoin, Ethereum, Litecoin, Avalanche, Dogecoin, Binance Coin, Bitcoin Cash, Cardono, Polygon, Shiba Inu, Solana, Stellar, Tether, Tron, USD Coin NFL, NBA, MLB, Soccer, NHL, Horse Racing, Golf, Tennis, Esports, and more.
Cloudbet 100% deposit match up to $500 Bitcoin, Ethereum, Litecoin, Bitcoin Cash NFL, NBA, MLB Soccer, Esports, Tennis, Golf, MMA, NHL, and more.
Weiss 150% deposit match up to $1,500 Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Bitcoin SV, Tether Virtual sports including: Soccer, Horse Racing, Greyhound Racing, Supercar Racing, and more.
Velobet 150% deposit match up to $3,750 Bitcoin, Ethereum, Litecoin, Bitcoin Cash NFL, NBA, NHL, MLB, Golf, Tennis, Soccer, MMA, Racing, Boxing, Esports, Novelty, and more.
FortuneJack 75% deposit match up to $750 Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Bitcoin SV, Tether NFL, NBA, MLB, NHL, Tennis, Golf, UFC, Motor Sports, Cycling, Table Tennis, Esports, and more.

How We Select the Best Bitcoin Sportsbooks

As part of our review process, we think about several important factors in how we rate online gambling sites. When it comes to the best Bitcoin sportsbook sites, we mainly focused on the following:

Low Crypto Banking Fees

Betting with crypto should be less expensive than betting with traditional cash. None of the Bitcoin sportsbooks we reviewed charge deposit or withdrawal fees for crypto transfers. Keep in mind that crypto withdrawals incur network fees, which are outside of a sportsbook’s control.

Fast Deposits & Withdrawals

One of the biggest advantages when you bet crypto on sports is that payments are faster than other payment types. All of the crypto sportsbooks we reviewed offer instant access to deposited crypto. Each of them also processes crypto withdrawals in minutes so players can access their winnings anytime.

Secure Crypto Payments

Crypto payments should always be secure. If bettors can’t trust that their funds are safe, there’s no reason to stick with a sportsbook. All of the bookies we reviewed have strong security measures in place to ensure that crypto payments run smoothly every time.

Crypto Bonuses & Promos

Crypto welcome bonuses and ongoing promotions can be worth a lot of money for bettors. We look closely at the current bonus offers from each Bitcoin betting website to see how much they’re worth. We also pay attention to bonus requirements like deposit minimums and wagering requirements.

Fair Deposit & Withdrawal Limits

The best Bitcoin sports betting sites make it easy to deposit and withdraw crypto by setting reasonable limits. Many of the sportsbooks we reviewed let bettors get started with as little as $20, and none require more than $100 to start wagering.

Withdrawal limits vary by coin because of differences in blockchain fees. However, the minimum withdrawal should never be more than $50-$100.

Wide Range of Crypto Betting Markets

The whole point of using a crypto sportsbook is to bet on sports – so each bookie must offer access to a wide range of markets. That includes not only different sports leagues from around the world but also a variety of wagers and bet types for each match.

Good Betting Features & Resources

Solid betting features can make a sportsbook much more fun to use. For example, many of the best online crypto sports betting sites offer one-click wagers or tools for building prop bets and parlays. Gamdom stands out for offering dedicated sports analysis that bettors can use to make wagering decisions.

Good Betting Features & Resources

Solid betting features can make a sportsbook much more fun to use. For example, many of the best crypto sports betting sites offer one-click wagers or tools for building props and parlays. BetUS stands out for offering dedicated sports analysis that bettors can use to make wagering decisions.

 >>>Join Gamdom and get Free Bets Now<<<

Advantages of Using a Crypto Betting Site

Why use a crypto betting site rather than traditional online sportsbooks? Betting with crypto has several key advantages.

Fast Withdrawals

One of the biggest advantages of betting with crypto is that payments are fast. Not only are deposits available instantly to bet with, but at the best Bitcoin sports gambling sites winnings can be paid out in minutes. At traditional sportsbooks, it often takes hours or even days to complete a withdrawal.

Decentralized Payments

The decentralized nature of cryptocurrency payments is a good thing for bettors. Thanks to blockchain technology, there’s an immutable record of every payment. The result is that it’s impossible for crypto to simply be “lost” during the payment process. If a bettor makes a deposit or withdrawal with crypto, it’s guaranteed to make it to their betting account or crypto wallet.

Anonymous Deposits

Not every bettor wants to share their name and other identifying personal information. With crypto deposits, they don’t have to. Many top crypto sports betting sites only require an email address and crypto wallet ID when making deposits.

Bigger Bonuses

The best crypto betting sites offer larger welcome bonuses and reload bonuses than traditional betting sites. That’s good for bettors, who can use that bonus money to win big.

What are the most popular cryptocurrencies among bettors?

Thanks to the popularity of crypto, there is a wide range of popular cryptocurrencies accepted at online sportsbooks. While not every site accepts every coin, there are a few that are accepted pretty much universally. These are:

  • Bitcoin
  • Bitcoin Cash
  • Litecoin
  • Ethereum

The list is far from exclusive. There are plenty of popular betting sites for Tether, BNB, and Dogecoin, for example. Whichever you use, all of the above are easily accessible from any major crypto exchange. It’s about finding the right casino for your currency and for you.

While there isn’t much of a difference between the currencies used for crypto sports betting, there are reasons why a site might prefer one to another. Ultimately, they all have different features and were originally designed for different uses, which we’ve explained below:

  • Bitcoin (BTC) – Mainly created for peer-to-peer transactions, it has a 1MB block size limit and slower transactions as a result. However, it’s popular because it was the first cryptocurrency to hit the market back in 2009, which helps explain why there are so many Bitcoin sportsbooks operating today.
  • Bitcoin Cash (BCH) – Similar to Bitcoin but designed for faster and cheaper transactions, it has a larger block size of 8MB. Due to the lower fees and larger transaction sizes, it’s popular with many crypto users. This is largely why it has become one of the most accepted cryptocurrency betting options at casinos and sportsbooks.
  • Litecoin (LTC) – Almost the other half of the crypto coin to Bitcoin, Litecoin adds extra speed and security. They use a Scrypt Algorithm which is designed to resist mining hardware, making it safer. Having been around since 2011, it’s established a name among crypto users, which is why so many of the best Litecoin casinos offer both.
  • Ethereum (ETH) – One of the main cryptocurrencies to focus on smart contracts, Ethereum is a bit different from the other three options. Often called “Blockchain 2.0”, it has helped improve the technology by letting developers build decentralized applications, introducing new token standards, and more. As it’s become such a popular crypto, it’s no surprise that casinos and sportsbooks have integrated it into their payment options.

Ultimately, most of the best crypto betting sites will offer a wide range of options to make it easier for bettors to deposit with familiar currencies. It’s convenient, saves on fees, and allows bettors to hold onto coins they believe will rise in value in the long run.

 >>>Join Gamdom and get Free Bets Now<<<

Compare Crypto Betting Bonuses

Crypto betting bonuses can be a big deal when deciding what betting site to go with. Some of the best bitcoin sports betting sites only offer new players a few hundred dollars, while BCGame ’s 5 BTC welcome bonus is worth more than $100,000 at today’s Bitcoin prices. It is even better when there are sports betting crypto offers.

It’s no coincidence that our top pick, BC.Game, also offers an enormous welcome bonus: up to an 840% deposit match across new players’ first 4 deposits.

There’s no limit on how much players can earn. BetOnline’s 100% deposit match is nothing to scoff at either, especially since returning players at this sportsbook can get a 35% deposit match on every crypto reload.

Is Cryptocurrency Betting Legal?

Cryptocurrency betting lies in a legal grey area in the US. In most states, cryptocurrency betting isn’t explicitly illegal, but it’s not explicitly legal, either.

Many states prohibit online sports betting, but these prohibitions apply to sportsbooks, not individual bettors. So, bettors playing with sportsbooks that are located outside the US won’t be breaking the law. (Some states do have laws that prohibit placing online bets.)

The bottom line is that for most bettors in the US, it’s legal to wager cryptocurrency on sports.

Top Crypto Betting Apps

While it’s possible to gamble with the top crypto sports betting sites on your mobile, most don’t offer the option to download an app. Most crypto sportsbooks and casinos tend to be offshore sites, and due to app store rules, they are usually not allowed to provide them. While some might have a sports betting app that can be downloaded from an Android Application Package (APK) file, most don’t.

It’s not all bad news for mobile gamblers, however, as most of the best crypto sports sites have fully optimized sites that work on all devices. They are often designed with HTML5 technology to make sure that they are responsive, adjusting the layout to ensure navigation is a breeze and all images display on all screen sizes. Plus, with the recent trend towards Telegram casinos, crypto betting fans can get the same app experience but with multiple benefits, which we discuss below.

How to Bet on Sports with Crypto

Download a Crypto Wallet

Find a crypto wallet app you like and install it on your device. This is what you’ll need to store, send, and receive crypto coins securely

Buy Crypto
Purchase your preferred cryptocurrency through a known and trusted exchange. Make sure the crypto you’re buying is accepted by the sportsbook you want to use.

Sign Up for Gamdom
Create your account with any of our recommended online crypto bookmakers, like Gamdom Casino, for example. Remember to verify your account if asked.

Deposit Crypto
Send your crypto coins from your wallet to your betting account so you have some funds to use. Always double-check the details before you press “confirm”.

Place a Bet
Find a sport or event that interests you, fill out the slip, and place your bet. You should always check for relevant promotions before placing wagers as it might qualify for an offer.

 >>>Join Gamdom and get Free Bets Now<<<

Conclusion

After rating and reviewing the best crypto sports betting sites available in 2024, it’s clear that Gamdom is the best option.

Covering the most popular sports leagues, you can wager on NBA, NFL, NHL, MLB, soccer, esports, and more. There is also a wide range of bet types available, including props bets, parlays, and more.

The mobile website is one of the best around, letting you experience a fully responsive mobile sportsbook app. It also works across multiple devices, giving you a great experience whatever you use.

So, whether you’re looking for crypto sports betting or casino play, Gamdom is our expert’s pick for you.

 >>>Join Gamdom and get Free Bets Now<<<

FAQs

What is the best site to bet with crypto?

Gamdom is our current top pick for betting with cryptocurrency. They accept bets for a wide range of markets, offer generous bonuses, and have one of the best crypto casinos.

 

How do you use Bitcoin for sports betting?

You can use Bitcoin for sports betting by creating and linking a Bitcoin wallet. You’ll then buy your currency before joining one of our recommended crypto betting sites. Once you’ve signed up, you can deposit the coin into your account before placing your bets.

 

How do you cash out Bitcoin?

To cash out Bitcoin at a BTC betting site, log in to your account and find the withdrawal page. Choose Bitcoin and set the amount you want to withdraw. Click the button to confirm and you’ll have cashed out your set number of coins.

 

Is it safe to place sports bets with crypto?

Yes. Crypto sports betting is safe thanks to the extra anonymity cryptocurrency provides. This is especially true if you play at any of our recommended sportsbooks. The only real risk besides losing your bet is the volatility of the crypto you choose to play with as the value fluctuates.

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