1xBet: what is this bookmaker?
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1xBet history: how did the company develop?
As you could understand from the title and the introduction, 1xbet is a bookmaker’s office, quite popular among gamblers. It was founded back in 2007 in Russia and provided its services through land-based betting offices. Until the beginning of the 2010s, bookmaker’s offices appeared in many large cities of the Russian Federation and neighbouring countries: Ukraine, Belarus, Kazakhstan, etc. Although it provided an interesting offer of betting and games, it was a mediocre bookmaker among dozens of similar ones on the market.
Since early 2010 the company started working on its website which was launched a year later, in 2011. It was licensed by the Curacao Registrar, which allowed the office to accept users from all over the world. And it was this move that led to the bookmaker’s rapid popularity among bettors in the CIS countries, and later in other parts of Europe and the world.
However, with the advent of the popularity of 1xBet, the problems with the Russian regulatory authorities began. Russian legislation started to tighten, and online activity, using an offshore license, became prohibited altogether. Therefore, the office was forced to change its domicile, and access to 1xbet.com is now blocked by Roskomnadzor. Although you can always use official mirrors or VPN services to resolve this issue.
It is worth noting that all betting outlets in Russia (there were more than 600) have moved to a newly created company – 1xStavka. In fact, it is a Russian analogue of 1xBet, only registered under Russian law. Therefore, you can find phenomenal similarities in the offer, website design, promotions. Although there are similarities between them, legally 1xBet and 1xStavka are different bookmakers.
Today, 1xBet is one of the most popular bookmakers on the gambling market. Its services are used by more than half a million people. Many factors have contributed to this, starting with an interesting offer, bonuses, and ending with the advertising you might have heard or seen before you type “1xBet what is it?” into a search engine
1xBet where is it registered?
1xBet betting company, after opening its website in 2011, has changed its jurisdiction. The company “1X Corp N.V. “, which represents the 1xBet brand, operates under the laws of Curacao and is registered in the island nation. This country is part of the Kingdom of the Netherlands. Therefore, all complaints about the service should be addressed to the registrar from Curacao. Protection of interests in court can also be resolved under Dutch law. However, it is a complicated and time-consuming procedure. It is therefore easier to make enquiries with the registrar. It is also worth noting that the bookmaker often settles all disputes in favour of the players.
We hope that after our short review you have understood what 1xBet is. And if you are interested in sports betting, you can take a look at our school for beginner players. It contains lessons to help you develop the right approach to sports betting.
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