1xBit Bet Review
1xBit is a crypto-focused gambling site that started operation in 2016. The website claims to be operated by a company registered and licensed by Curacao. However, from what we discovered, the company did not provide a document or any information to back this up. So, there is the need to carry out due diligence before registering an account on the website or depositing funds.
Basically, 1xBit.com is a gambling sports site for live matches. This site has other games and tournaments but the most important one is sports. Sports games on this site include tennis, football, water polo, etc. However, the fun does not stop here. 1xBit also features a casino section and an esports section. All-in-all, the platform is a one-stop site for anyone interested in betting with crypto be it in sports, esports, casinos, or even lotteries. Surprisingly, you can also bet on the weather, politics, and even forex. There are in-house-built games available on 1xBit. Some of these games are provably fair.
Another notable piece of information about the website is that the registration procedure is fast and easy. Also, no fee is required for deposits, and the withdrawal process is somewhat straightforward. It helps that 1xBit supports a wide array of crypto assets. Furthermore, the platform offers various rewards and bonuses to loyal customers. 1xBit promises to match the first four deposits of new users. They can win up to 7 BTC if they decide to max out the Welcome Bonus and adhere to certain wagering requirements.
Perhaps, one of the most notable features available on 1xBit is the possibility of viewing up to 4 multiple live streams and betting on each concurrently. In other words, users of 1xBit do not have to open multiple tabs to conveniently bet on more than one live game.
Now that you have a basic knowledge of what to expect from 1xBit, let us take a closer look at some of its features.
There is a lot to unpack in this section. Due to the vast nature of 1xBit, it is understandable if you find it a bit difficult to navigate on your first visit. However, we must commend 1xBit’s decision to provide a menu tab listing all the major gambling sections available on the website. On this menu tab, you will find a link to the sports, esports, live casino, video poker, slot, 1xGames, and live sports events.
With this, it is easier to quickly discover the right library of games. However, we must say that the absence of a search bar on the homepage will somewhat limit how fast users access games. From what we discovered, the search bar can only be located after you must have found your way to a gambling section. For instance, if you plan on betting on a football match, you must navigate to the sports segment and then to the football option before you can use the search bar to find the exact match or competition you are looking for.
Alternatively, you could add certain games as your favorites so that it is a lot easier to access on your next visit to the website. You can also find the list of recently played games for even more convenience. There is a section for the top games on the platforms, and there is one for new arrivals. And since 1xBit has a knack for updating its library of games regularly, you can rest assured that new games are constantly being added to this “new games” section.
It is also worth mentioning that 1xBit game graphics are above par. Therefore, loading and playing games on 1xBit is always a smooth experience. Interestingly, the platform has done enough to replicate the same level of quality in its live dealer casino games. More often than not, the live dealer streams are in HD quality such that players can immerse themselves in the game like they would in a brick-and-mortar casino.
Another feature that contributes to a smooth experience is the system that allows users to change the settings of the website with a few clicks of the button. Settings you can change from anywhere on the website are the language, the time zone, and the preferred currency. You will find this setting at the top right of the website’s interface. Note that 1xBit supports over 60 languages.
Additionally, 1xBit has its mobile apps for both iOS and Android devices. That said, you can only download this app on 1xBit’s website because they are not officially listed on either Play Store or App Store.
As mentioned earlier, 1xBit is an all-in-one website for a variety of gambling options. Here, you can enjoy a plethora of casino games or bet on the several sports events supported by 1xBit. There is also the option to play esports and lottery. In each of the gambling sections, players have access to an extensive library of games.
In the sportsbook, users can select from a wide variety of sports, including football, basketball, water polo, boxing, UFC, tennis, and much more. For each sport, 1xBet has a comprehensive list of events that players can bet on. At the time of writing, there were over 1,500 matches listed under the football section alone. Remarkably, 1xBit has replicated its penchant for providing lots of gaming options on other gambling sections available on the site.
As expected of a standard crypto casino website, 1xBit features thousands of video slots ranging from 3D slots to classic slots to jackpot slots. There is also an extensive range of live dealer games from some of the most popular game developers in the world, including Evolution Gaming and Pragmatic Play. Other options are popular online lotteries like Mega Millions and Powerball. If all that is not enough, you can play esports or virtual sports. In essence, when it comes to 1xBit, the options are limitless.
Bonuses and promotions
Like most crypto gambling websites, 1xBit rewards new and existing users with bonuses and promotions. The most notable is the welcome bonus distributed to new users when they make their first four deposits. Below is a breakdown of how this works:
- 1st deposit - 100% bonus up to 1 BTC
- 2nd deposit - 50% bonus up to 1 BTC
- 3rd deposit - 100% bonus up to 2 BTC
- 4th deposit - 50% bonus up to 3 BTC
To be eligible for this deposit, users must deposit at least 1 mBTC when making their 1st deposit. Subsequent deposits must exceed the amount deposited initially to unlock the 2nd deposit bonus package. Also, there is a 40x wagering requirement that comes with each package. Note that all wagering requirements must be met within 30 days, and there are selected games where you can wager bonuses. Be sure to read extensively on the rules governing 1xBit's welcome bonus before activating it.
You can also win cashback after enduring a losing streak of up to 20 losses in a row. All-in-all, at 1xBit, new promotions are constantly being offered via various tournaments. Therefore, ensure that you keep an eye on the latest tournaments to earn crypto.
Payment on 1xBit
1xBit is a crypto-focused gambling website. As such, it is no surprise that it only supports crypto payments. Some of the cryptocurrencies it accepts include:
- Bitcoin Cash
- Ethereum classic
- Bitcoin Gold
As mentioned earlier, the minimum amount accepted on 1xBit is 1mBTC or its equivalent in other supported crypto assets. Notably, the platform does not charge additional deposit or withdrawal fees. However, all transactions are subject to fees determined by the blockchain network they are being executed on. According to 1xBit, all withdrawals are processed instantly.
Another crucial component of the 1xBit ecosystem that we explored was its regulatory status and security infrastructure. From our research, we discovered that 1xBit is not big on transparency as it does not provide the document or information to back the legitimacy of its business. In other words, there is no way to prove that 1xBit is indeed affiliated to 1xBet or licensed in Curacao.
Despite this apparent cloud of doubt hovering over 1xBit’s operation, it continues to deliver standard security infrastructure like the two-factor authentication system for added security. 1xBit also offers standard encryption technology to secure users’ data even though it does not require users to submit personal details other than an email address. The added privacy offered by 1xBit may be the reason it has not been forthcoming with more information about the company and individuals that run the website.
For what it is worth, 1xBit is available globally. However, its services are prohibited in selected countries. They include:
At 1xBit, you can reach out to customer support via email. Another option is to use the live chat feature for quicker responses. Alternatively, you can click on the “Terms and Condition” link at the footer of the website for more comprehensive details on how to solve certain issues. The website also features a blog section. From what we noticed, 1xBit’s blog is active. Hence, you can get the latest information on new games, new features, and so on.
What are the pros and cons of 1xBit?
Pros of 1xBit
It powers a vast gambling ecosystem
One of the selling points of 1xBit is the availability of options. There is a sportsbook, a casino section, an esports section, lotteries, and much more. More importantly, each section is fully loaded. The vastness of this gambling platform will surely appeal to adventurous players.
1xBit supports multiple cryptocurrencies
In addition to bitcoin, 1xBit supports around 21 digital assets. The decision to opt for a multi-crypto payment system is ideal for altcoin holders.
Over 60 languages are available
1xBit allows users to choose a default language from over 60 options. This is a clear indicator that the platform is indeed global.
It offers mobile apps for both iOS and Android
We commend 1xBit’s decision to optimize its platform for mobile use. The 1xBit mobile app will come in handy for players that are always on the move.
Cons of 1xBit
Its operation is not transparent
The unavailability of company name, address, or license does not do a lot of good to 1xBit’s reputation. However, we have come to expect this from crypto websites that offer privacy-focused services.
1xBit does not support fiat
Understandably, individuals looking to deposit fiat may not find 1xBit’s services appealing.