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3 Reasons For The Rising Popularity Of Online Sports Betting

3 Reasons For The Rising Popularity Of Online Sports Betting

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These organizations ensure that betting platforms operate within legal boundaries, providing a safe and fair environment for bettors. There is also the availability of over 40 cryptocurrencies to choose from while surfing the crypto betting site. There have been cases where gambling sites refuse to pay players their deserved earnings because of a network glitch or fraudulent reasons. Crypto betting was designed to check such scenarios because every transaction is automated. BetBonanza is a well-known betting site, they opened way back in 2014, so you can say they have been around for a long time.

You will be getting a cashback based on a certain percentage of your losses. The maximum amount you can get as a cashback is ₦30,000, which is quite a generous offer. Sports betting has become a global phenomenon, captivating enthusiasts across…

One of the simplest and most expedient ways to do this is the cooperation with the reliable bookmaker 1xbit. There has been a constant rise in the number of players who prefer to gamble anonymously. Although gamblers have been bypassing this through the use of e-wallets and cryptocurrencies to add a new layer of protection to players’ financial data. Before we go, we would like to remind you that it is important to always stay in control of your betting hobby. Sports betting is something that should make your favorite sporting events even more exciting, so if the fun is gone – it might be a good time to take a break. The short answer is yes, Mozzartbet is definitely a good choice for any Nigerian betting enthusiast.

Unlike traditional payment methods, once a Bitcoin transaction is initiated, it cannot be undone, leaving players vulnerable to unfair practices or disputes. If a sports betting platform engages in dishonest behavior or fails to honor winnings, bettors may find themselves with limited options for recourse. You can make bets on 1xBit using over 40 supported cryptocurrencies.

Join the professionals right now in order to see that here you can count on big winnings every day and earn thanks to your luck and logic. If you play here, you’ll not only enjoy the process, but also earn good money. However, there’s not only the casino presented, as the main specialization of professionals is the sports betting. With the rising cryptocurrency adoption, online gambling has blossomed thanks to non-fiat benefits. Cryptocurrency has been a hot topic for many years now and blockchain technologies are being adopted in more industries than ever before. As you may have seen already, there are a lot of sport betting sites that accept Bitcoin in Nigeria.

Sadly, not all local betting brands play a fair game – there are instances where players are mistreated. We haven’t seen any proven claims of unethical behavior that would relate to BetBonanza and that actually means something. Integrating all of the above payment options to fit the local betting landscape is not the only thing Megapari are noteworthy for. They are also one of the most crypto-friendly betting websites in Nigeria. Although, unlike the two brands we mentioned earlier in this section – Megapari aren’t a crypto-only bookmaker.

However, you must deposit at least 0.001 BTC to activate this offer. If you have a problem with your crypto payments, you can always use their friendly customer support service. Another thing that has made 1Win popular among Nigerians is its support for crypto transactions. Users can bet using BTC and other popular coins such as Bitcoin Cash, Ethereum, USDT, Binance, Tron, Dogecoin, Litecoin, ZCash, Ripple, Stellar, etc. Ticket Rush is one of the many tournaments designed by 1xBit to help players profit from their passion while enjoying the World Cup. With 1xBit, you can rest assured about sumptuous prizes that make your gambling experience worthwhile.

Crypto deposits are processed quickly, and all the altcoins, including Bitcoin, are supported. 1xBit currently offers a mouthwatering welcome bonus offer that allows new users to enjoy as high 7 BTC on 1-4th deposits. With this impressive amount of bonus offered, you are given a chance to play for massive winnings without necessarily spending from your funds. We really appreciate that you trust us enough to rely on our expertise when deciding what betting operator to use.

Even if you aren’t into sports betting yourself, you have likely seen their retail betting shops with lots of people inside. Finally, like most other Nigerian betting sites, Bangbet has a phone support line. You don’t have to write an email or wait in a chat queue, you can give them a call and get straight to the point. Phone support is always a good addition to any service, as it shows that the company is willing to listen to its customers.

1xBit is one of the best Nigerian betting sites that accept bitcoin and other cryptos, they have a lot of options for you to fund your account and withdraw your winnings. You can use over 40 different currencies and 1xBit also gives you an option to buy crypto via a number of different exchanges directly from your player account. The entire process is simplified beyond belief, so even a person who had never bought crypto before will https://betandyou-casino.com/betandyou-withdrawal-methods/ be easily able to do it here. If you don’t know what to do with the virtual assets you have won – you can sell them on a number of integrated Nigerian exchanges. 1xBit has a massive selection of sports betting options, including popular sports such as football, basketball, tennis, and esports.

However, those who employ cryptocurrencies haven’t found any place to do the same kind of highly exciting activity. Making sports wagers is an activity that is performed by more and more people every day. Finally, we believe it is important to mention the technical side of things. The Android app and the mobile website are built in a way that maximally utilizes your device’s caching capability. Such an approach significantly reduces loading times (even with slower connections) and also reduces overall network usage. The second point we want to tell you about is tightly related to the first one – this is the minimum deposit requirement.

Join the professionals right now to evaluate all the advantages of cryptocurrencies and to bring your savings to a new level. Visit their website, complete the registration form, and you’re set to start your betting journey. For example, you can easily watch all live game streams, play all bonus mini-games and access all additional content like game trackers and score centers. The app is available only for Android devices, so if you are an iPhone owner, you can stick with the mobile website.

Read unbiased bookmaker reviews on the biggest bookmakers operating in Nigeria. This promotion is expected to run from December 20, 2022 through January 10, 2023. Get ready to be amazed because the Big Leagues Streak has got a lot to offer. For the Individual match tickets prizes, the 1st place winner will emerge with 500 mBTC. The first-place winner in the Supporters’ tickets prize draw goes home with 10 mBTC while the first place winner in the Play-off tickets prize draw will win 250 mBTC. The Individual match ticket prize draw has 1 winner per place, with the 1st place winner going home with 500 mBTC.

By staying informed and cautious, you can enjoy the exciting world of crypto betting in Nigeria safely and responsibly. MyStake is an online casino and sportsbook that offers a variety of games, including slots, table games, live casino games, and sports betting options. The platform is designed to cater to a global audience, with support for multiple languages and currencies.

Use the exclusive 1xBit promo code “100NGN” to unlock special bonuses and promotions, enhancing your betting experience from the outset. Compared to the two betting companies that we already mentioned above, 1win is not as big and known. Still, they are a decent bookmaker with a lot to show – the promo code you can use with them is 100NGN. 1win has a rather unique design and definitely stands out compared to many local betting sites, especially on the visual side. You can bet on any sports of your choice, from local games to international matches; they are all at your fingertips when you are on 1xBit. You also enjoy casino games like slots, live dealers and an immersive virtual reality experience.

In this guide, we have assembled a list of top betting sites that accept Bitcoin in Nigeria. Also, we will explain the process of depositing and withdrawing your BTC winnings from these sites. Its popularity has led to the emergence of many betting platforms in the country, supporting it as a payment method. So, how do you pick the right BTC betting site to join from the dozens of options available? Players can take advantage of the highest odds on the market and place pre-match or live bets for 40 different sports. Make your predictions on the English Premier League, the Champions League, or the NBA.

Once you pick the currency you want to use, you will be given an address. Please make sure to double-check the address before sending any funds, if there will be a mistake in the address – your funds will be lost. ♦ Players aged 21 and younger and club-trained players will be exempt from these limitations. The site is available in many countries, thanks to the mobile version you can play from a smartphone or tablet. The 1xBit website has more than 35 language versions, which means that players from outside the English-speaking segment will be able to play comfortably.

If your team doesn’t stand a chance to win, don’t let the emotions lead you to bet on their victory. With careful estimations, you can make monetary gains from staking. Today, mining is becoming increasingly difficult, so considering these circumstances betting with our company is a profitable and easy way to multiply your assets.

Discover the best brands, the best free bets and the best multibets. The regulatory uncertainty around Bitcoin raises a lot of concerns among users. Actually, some countries have even gone as far as imposing outright bans on Bitcoin.

Having that in mind, it comes as no surprise that you would also want to use your phone to place bets. It is even better, when an online sportsbook has complementary things like live streaming also available on mobile. There are a number of things, which make Bangbet stand out among many other betting sites.

They also have offers for existing active players, so even if you already used up your welcome bonus funds, there is usually something to look forward to. All transactions on 1xBit are handled in cryptocurrencies – you can top up your account yourself or you can purchase crypto in one of the integrated exchanges. It is worth mentioning that there are a number of Nigerian exchanges available here as well, such as Nairaex and Bitpesa. This also means that when you actually get to withdraw your winnings, you can immediately convert them to Naira and withdraw to any Nigerian bank account. 1xBit offers betting on almost 50 different sports and we are sure that number will grow even more in the near future.

On online casino bitcoin 1xBit players will find games from VIPxBit, Evolution Gaming, XPG, Lucky Streak and many other famous creators. There is a fairly large section of cybersports, where you can also place bets. Bitcoin betting sites 1xBit offers a lot of interesting variants of bets, including classical forms, total, ordinary, express and many other things.

Follow the registration link to create an account and open the “Mobile Applications” link in the footer of the website once you are done. Choose the iOS app and follow the given instructions to get the app installed. The 1xBit app for Android devices can be downloaded directly from their official website.

That way, you can work based on a betting plan towards achieving a particular goal. Most people assume that the higher the odds of a game, the better the value. This is a tempting assumption, especially if you’re a beginner in the betting space. [dropcap]C[/dropcap]rypto currencies have quickly broken into our lives, and today they are actively used throughout the world. Sports betting is no exception; at this website it is easy to find the competitions which will help you to win and increase your stock of Bitcoins. In the future, we can expect the appearance of more entertainments that create an atmosphere of visiting the real casino.

  • – From 1 July 2022 to 30 June 2023, a club may have a maximum of eight professionals out and eight loaned in at any given time during a season.
  • Note that while card payments can be used for deposits to purchase crypto, withdrawals from BC.GAME are exclusively processed in cryptocurrency.
  • Cryptocurrency has been a hot topic for many years now and blockchain technologies are being adopted in more industries than ever before.
  • The ease of use on such platforms is also important since you want a website that is easy to navigate.
  • Making sports wagers is an activity that is performed by more and more people every day.

Should you be lucky and win some money, the reverse process of cashing out is also straightforward. Having touched on what the Big Leagues Streak entails, let’s take a clear look at some of the benefits of betting at 1xBit. Are you currently looking forward to what these leagues have got to offer? Then you will be excited about this new tournament currently released by 1xBit.

Here, the users can choose from several entertainments that’ll let you not only relax, but also earn good money. Every successful bet is a chance to double your own funds and multiply your cryptocurrencies that have a high value in the modern environment. People seek out no-verification betting sites mostly because they want to make a quick bet on a platform without having to upload several documents to a website. Plus, most of the time, players are not always in possession of those documents. They only want to place bets on their favourite team as quickly as possible without obstructions.

As the name suggests, you can only make deposits and withdrawals via crypto. However, if you don’t have any crypto in your wallet, they have a feature where you can use MasterCard, Visa, Google Pay, and Apple Pay to buy crypto. Today, Cloudbet has a huge presence in many countries, Nigeria being one of them.

If you are into sports, enjoy betting and live in Nigeria – you will definitely find this useful. It wouldn’t make sense listing a lot of betting sites in this category because virtually every bookmaker focuses on football. This is why we are going to tell you only about the ones we believe to have the best football game variety and the best odds. Other things like special betting features, live streams, live scores and various promo offers will, of course, also be mentioned.

You are not forced to make large deposits, in fact, the smallest deposit you can make is just ₦100. You can buy and store over 30 different coins and tokens in your Cloudbet account, all popular and on-demand currencies are also being added regularly. Our expert team have dug into the pros and cons for each bookmaker to supply you with the information necessary to ensure you are betting with the bookmaker best for you. Check back daily for our Bet of the Day and our long shot daily multibets only on betoftheday.ng. We compile daily big odds multibets for you to bet on with multiple operators.

Go to 1xbit.com and press the registration button on the top of your screen. You will need to enter your email address (make sure it is correct) and the password you want to have. Once you submit the registration form, an email with a verification link will be sent to your email address.

Choosing 1xBit gives access to a world of impressive betting rewards. You’ll also check numerous informational blogs to keep you updated. Being fully in charge of your own money is becoming increasingly popular and cryptocurrency is one of the best ways to achieve that. 1xBit allows you to use your virtual assets to fuel your sports betting hobby. You don’t need to give anyone a share or pay any extra taxes that don’t make sense – your money belongs to you.

Melbet holds licenses issued by the Oyo State Gaming Board and the National Lottery Regulatory Commission, two biggest local regulators. If you are looking for something reliable – this might be your best bet. In case you don’t have the time to read this entire page or are simply not interested in this – we will drop a short list of promo codes right here. Nevertheless, if you have some spare time, we strongly recommend reading the actual article because there will be some things that you may find interesting. Crypto is not native to any region or country; you can access it anywhere as all you need is an internet connection. Crypto betting sites can allow people from anywhere worldwide to access their services with no constraints on Forex transactions.

This sets the type of bets you would like to be automatically copied for you, with respect to the amount staked by the user that posted the bet slip. One commendable feature of Nairabet is the fact that bets can be edited after they have been placed. Their high-end website interface gives a wonderful user experience when using the website and app. Founded by Ayo Ojuroye and Kunle Soname, Bet9ja is one of the most trusted brands in Nigeria with millions of customers making more than 20 million bets every month. You might be tempted to think that betting based on the opinion of the majority is the way to go. This website is using a security service to protect itself from online attacks.

1Win is a decent sports betting site that has been trusted by hundreds of thousands of players from all over the world. If you sign up for the loyalty program, you will get up to 11% cashback. With regular promotions, you will be offered crypto prizes for playing slots or live dealer games of the particular providers. The Live Casino category is packed with live dealer games featuring attractive hostesses and croupiers.

Please bear in mind that you would need to already have some cryptocurrency at your disposal. If you don’t have any, visit one of the recommended crypto exchanges. The registration process is as easy as it can possibly be – you simply need to enter your email address, your desired password and press the “Register” button.

Super Slots is an online casino established in 2020 that offers a variety of casino games, including slot machines, table games, and live dealer games. It is owned and operated by the same company that runs BetOnline, which is a reputable and well-known name in the online gambling industry. Crypto gambling inherits this advantage because every transaction is processed through blockchain – an trusted system. Traditional betting sites which accept debit cards and fiat transactions lack this security feature. Non-crypto gambling sites are also prone to human-made errors like cyber intrusion and may cause you to lose money.

There is nothing special you need to do in order to claim the welcome bonus – your deposit just has to meet the set requirement. At the moment, in order to activate the welcome offer your first deposit has to be at least 1 mBTC. There are four welcome bonuses in total, however you need to use up your existing bonus funds (once you get them) before you will be able to claim the next bonus.

When you evaluate your games with this metric, you’d be more cautious in how you place bets. The professionals always offer the most interesting options of cooperation. Among them, you will definitely find those that you understand well. Football, basketball, tennis, boxing, hockey — all these and much more are available here in full. Simply visit the 1win website, click on the registration button, and follow the prompts to complete the sign-up process, allowing you to start betting in no time. Navigating the regulatory waters of the igaming industry in Nigeria requires a thorough understanding of the various regulatory bodies that govern this space.

There are several actions that could trigger this block including submitting a certain word or phrase, a SQL command or malformed data. The Oyo State Gaming Board takes charge of regulating gaming activities within Oyo State. It focuses on licensing, monitoring, and ensuring compliance among gaming operators, contributing to a regulated and safe betting ecosystem. If you will create a new account using our code, it will give you an extra 30% boost to your welcome offer if you decide to claim it.

Benefits of Gambling on 1xBit

With 1xbit, you’ll be quickly integrated in this market segment and start winning from the first time. 1win Nigeria is one of our top recommended betting operators if you are looking to use PerfectMoney. You will be able to top up your player account using any local bank account, however withdrawals can only be done using crypto or PerfectMoney. Promo codes are a way for betting operators to know where a new player came from.

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Even in that case the entire process will take only around 3 minutes to complete. If you feel like giving 1xBet a chance, we have some good news for you. Of course, as a new player, you will be able to claim a generous 300% welcome bonus, but you get an even bigger one with our promo code.

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Sporty bet is quite large, especially in the African region, as it is available in additional African countries; Tanzania, Ghana,  Zambia,  Uganda, and  Kenya. Sometimes, you might find it difficult to stop using a betting strategy, especially if you took your time to come up with it. However, you have to remind yourself that no single strategy will always work in the betting scene. You must find a way to evolve your strategies and welcome new ones.

These are obviously not the only places, just the ones we can personally recommend. The way 1xBit built their mobile website almost guarantees short loading time and low traffic usage. Your browser will cache those interface elements, so they will not have to be loaded over and over again every time you move to a different page.

You have an option to ensure part (10%, 30%, 50%, etc.) of your bet for an additional payment to secure your stake if your bet happens to lose. Let us illustrate that with an example – you placed ₦200 bet with the odds of 2.00 and now you want to ensure 100% of your stake. You can pay a ₦50 insurance fee, which will be taken from your balance. You might have already seen in the beginning that 1xBit has a welcome offer for new players, we are going to talk about it in more details here.

Being a crypto-friendly betting site is not the only good thing about 1xBit, they are generally a good top-tier bookmaker. They have excellent coverage, especially for football and basketball as well as a handy betting app, which works well even on older devices. Even though Paripesa is an international betting brand, they successfully integrated all popular local payment providers. This means that you can make payments and request withdrawals using any Nigerian bank or payment gateway. You can also use Naira (₦) as your main account currency, so there will be no hidden exchange fees at any point. We decided it makes sense to start with football – that is the most popular local sport and the sport most of you are going to bet on.

It removes the stress of first converting your cryptocurrency to fiat before depositing it in a sportsbook to bet on your favorite games. Football betting (World Cup betting, the latest 2022 World Cup odds), basketball betting, volleyball, badminton, table tennis, tennis, and other sports betting. Pre-match betting, live betting, getting the best betting odds, predicting the result, bet anytime, anywhere. Using the live streaming section, sports fans around the globe can place their bets online in real time. Here are a few of these online betting sites that don’t require age verification.

It also needs to be secure and legal, with adequate protection against fraud. Bitcoin lottery 1xbit offers a wide choice of forecasting options and high odds. Here, bets are accepted exclusively in crypto currencies and the winnings are withdrawn in a similar way. Together with 1xbit.com – bitcoin odds feature you can significantly and easily increase your own crypto currency funds.

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Cloudbet also offers a generous welcome bonus and ongoing promotions for their players. With a license from the government of Montenegro, Cloudbet ensures safe and fair gaming. They have a large selection of games from top software providers and offer fast and easy withdrawals. Cloudbet’s focus on cryptocurrency and high betting limits makes it an attractive option for high rollers and those looking for a unique betting experience.

What is the best betting site in Nigeria?

1xBit is another Nigerian betting platform that accepts Bitcoin and other virtual currencies. Actually, you can use more than 40 different cryptocurrencies to deposit and withdraw. And the best thing is that 1xBit offers you an option to purchase crypto directly from your player account via various exchanges. The entire process is easy, so even a player new to the crypto world can do it seamlessly. Let’s also not forget to take a quick look at the live betting segment. Live betting is probably the most exciting aspect of sports betting, so let’s make sure to see what 1xBit has to offer in this regard.

Bangbet is one of the fastest growing Nigerian bookmakers and they have the biggest accumulator bet boost you will ever see. You will likely see Paripesa being mentioned quite a few times going forward and that is largely related to the quality of their betting product. Their betting website is tailored specifically for Nigerian sports betting enthusiasts, it has pretty much everything you might need on a daily basis. As you may have already guessed – they have an impressive football betting section.

Also, app users may occasionally get various presents like free bets and deposit bonuses. Cloudbet is another crypto-only betting site that has gained popularity in the Nigerian betting community over the last couple of years. We believe that happened mainly because of how user-friendly they are, even if you are a complete crypto novice – you are covered. Store your virtual assets, use it for betting and withdraw to other wallets. It is also worth mentioning that they are one of the oldest crypto betting brands in the industry – they went all in on crypto way back when nobody believed in it.

This made them turn to online bookmakers that don’t require age verification. This will help them avoid becoming a victim of fraudulent activities or poor gambling experiences. Overall, BetOnline.ag is a great choice for anyone looking for a diverse and trustworthy online gambling platform.

You can use regular currency and bank transfers, as well as over 20 different cryptos. 1xBet supports an incredibly wide range of payment solutions, starting with local Nigerian banks and payment gateways all the way to crypto and PerfectMoney. All of the above means that Naira (₦) is the main currency for depositing, betting and withdrawing your winnings.

Despite having a strong start in the industry, not everything went as planned and BetPay had to stop taking bets. For example, you can lose the private keys that give you access to your funds. And then there is phishing, hacking, and all the other attempts to get control by fraudulent means.

The casino section features games from top providers, with over 5,000 slots and various table games like blackjack, roulette, and baccarat. The crypto gambling niche expands increasingly, offering its players advanced experience and top security. In online casinos, users don’t need to leave their rooms to feel the thrill of placing bets or playing live table games. The minimum deposit you have to make in order to activate the offer is 1 mBTC – equal to ~₦18,000. Your bonus funds will be valid for 30 days and you have to wager them 40 times before they get converted to your real-money balance. The minimum odds requirement for wagering is 1.60 – single bets also count towards wagering.

Therefore, you should consider websites that make betting cost-effective and easy to navigate. 1xBit stands out in this regard, as the platform allows you to maximize your winnings in crypto with any of 40+ sports from football to politics! This is in addition to being eligible for up to 7 BTC welcome bonuses for the first 4 deposits. Ultimately, the betting site you use goes a long way in determining your experience.

There are plenty of matches and therefore a broad chance to win amazing prizes. 1xBit has created Ticket Rush with numerous fanciful prizes that could change your entire gambling experience. With multiple prize draws designed to select many winners, you have a chance at winning big. From what we can see, self-exclusion is not available in the user interface. If you want to temporarily or permanently close down your account – please reach out to support.

Super Slots has a user-friendly website that is easy to navigate, making it easy for players to find their favourite games. The casino also offers generous bonuses and promotions, including a welcome bonus for new players. In addition, it supports a range of payment methods, including cryptocurrency, making it convenient for players from around the world. However, not all of them can offer you the services you need for an amazing betting experience.

It offers all major sports including football, tennis, rugby, boxing, golf, racing, and much more. They offer a great welcome bonus, and they also have a referral program in which you can earn free bets by referring friends or family. You can win up to 135% of your bet by placing several bets and accumulating bonus winnings. Therefore, ensure you’re in charge of making your betting decisions.

It operates under a license from the Curacao eGaming authority, ensuring that it adheres to industry-standard safety and security protocols. It is a leading online sports betting and gaming destination that is a welcome sight for many African players. Betway Nigeria has a superb bonus system that offers a wide range of opportunities.

Therefore, you should separate your love for sports from your desire to make returns from betting. To calculate the quality of certain odds, you should consider the possibility of winning the game based on the said odds. That is, before you choose to go ahead with a particular odd, you should find out that the potential rewards outweigh the risks.

You have the freedom to select whichever coins and tokens you prefer and easily switch between them. Among the most popular options, there are, of course, Bitcoin, Ethereum, Litecoin, XRP, USDT, Dogecoin, and many others. Considering that one of the bedrocks that 1xBit stands on is that it focuses on employing just crypto payment methods, you can be assured that payments will be fast. This way, you don’t have to wait for hours to get your withdrawals because they are swift. This is very rare among traditional betting platforms that use bank transfers for payouts.

We are always happy to give you something extra, and that is exactly where our promo codes come into play. Use this code on the registration page to get an extra warm welcome. You will get a 30% increase to the base welcome offer and some additional bonuses along the way.

What this implies is that the only payment options offered are cryptocurrencies. In a bid to ensure that bettors have a streak of payment options to pick from, 1xBit offers over 40 cryptocurrencies that can be explored. It would suffice to also add that these payment methods are constantly updated to bring in new cryptocurrencies.

Cryptocurrency Exchanges in Nigeria have over 2100+ cryptocurrencies, trusted historical data, details of active, upcoming and finished ICOs. The website provides a list of cryptocurrency and blockchain related events, valid and authentic list of cryptocurrency wallets and Bitcoin mining pools. We also provide rich advertisement campaings to advertise your business on this website.

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