An advance in 1xbet is a trust action in which the 1xBet betting company provides bettors advance funds that can be used to place bets on a large number of sports events.

The three Russian founders of 1xBet, Roman Semiokhin, Sergey Karshkov and Dmitry Kazorin, are all from the city of Brjansk, some 370 kilometres west of Moscow, although all three currently live in Cyprus.