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Cardano betting is a viable go-to option in 2024 because it offers a fast, safe and secure alternative to traditional online gambling. The public and decentralised blockchain means that you can keep your payments and transactions completely anonymous
Among other things, this keeps your ADA sports betting activity secret from your bank and off your credit score. Of course, where there are advantages, there are also disadvantages. But as you will see below, the pros definitely outweigh the cons here.
Before diving into your betting with Cardano, take a moment to view the ADA trend chart below. It provides a current overview of how Cardano is performing in the market. We aim to connect you with the best platforms for betting with ADA and keep you updated on the latest market developments. Let’s get started!
To get the ball rolling, here are the top five Cardano blockchain betting sites in 2024:
This is probably the best-known crypto gambling site thanks to its high-profile sponsorship deals and strong branding. However, it backs up its reputation with a stylish and innovative site with great odds, exclusive provably fair casino games and a fantastic range of sports betting markets.
Register with the promo code ‘TGTSTAKE’ today and you can get an exclusive 200% deposit match up to $2,000 + 5% rakeback on your losses.
This betting site accepts over 60 cryptocurrencies, including ADA, Bitcoin and many others. It also offers no-limits Cardano betting for both sports and casino gaming. At the other end of the scale, there are provably fair games that you can play with as little as $0.01 per round.
As a new player, you can get a 180% bonus up to $20,000.
Roobet is one of the hottest new crypto gambling websites with a unique and colourful design. As well as a massive selection of sports and esports betting markets, it is also noted for its exclusive casino games. When it first launched the brand gained a lot of traction due to its partnership with rapper Snoop Dogg
When you register today, you can get a $5 bonus bet and 20% cashback.
Behind Stake.com, this is probably the best-known ADA sports betting brand, due to its sponsorship deal with Premier League club Newcastle United. On the esports front, it is the sponsor of Imperial Esports.
There is no welcome offer but there are plenty of promos for existing players as well as one of the best sports betting VIP programs.
If you are into competitive casino gaming and live esports markets, there are few betting platforms better than Vave. Each week, you can compete against other players to climb up the leaderboard and win your share of cash prizes. Additionally, the top players can earn a place in the all-time Hall of Fame.
As a new customer, you can get a 100% welcome bonus worth up to 1 BTC.
So why should you choose Cardno over fiat currencies and other crypto betting options? We’ve listed some of the top reasons for you below:
Fiat currency isn’t what it used to be and is actually now losing its value each year. That’s why many gamblers are looking for alternatives, including ADA sports betting.
ADA and other forms of decentralised betting offer you complete anonymity and privacy, meaning that your gambling activity cannot be tracked. While all of the transactions can clearly be viewed on the ledger, it’s impossible to identify anything about the two parties involved in those transactions.
We are quickly moving towards a cashless society, but many of us don’t like the fact that this means every transaction is logged. As a result, crypto is becoming the new cash, which leaves scope for its value to rise significantly.
However, the price volatility that decentralisation affords is a two-way street. Just as sharp spikes in value are possible, so too are steep drops.
Your ADA balance is completely independent of banks, governments and all other financial institutions. With Cardano betting, you have full responsibility and control of your funds with no risk of outside interference. Moreover, your funds are not affected by bank crashes.
Most traditional betting sites are only available in a handful of locations each and impose strict geo-blockers to impose these boundaries. The majority of the top ADA sports betting sites are available in numerous regions with less stringent geo-restrictions.
If you win a bet, you probably want to get your payout as quickly as possible. However, on traditional sportsbooks, that can take between three and seven business days, which feels like an eternity.
With Cardano and Tether betting, you can get your funds in less than 24 hours. Some sites even offer instant payouts and withdrawals, though you are at the mercy of blockchain speeds during busy times.
Are you a serious high roller who has constantly found yourself frustrated with the maximum deposit, withdrawal and bet limits imposed on your betting account? Cardano betting platforms almost always have higher limits than traditional bookmakers. In some cases, there are no limits at all – like at BC.Game.
Traditional online bookmakers tend to stick with the tried and tested, and many have barely updated their designs in the past decade. ADA and Monero betting sites, on the other hand, are at the forefront of contemporary betting. You’ll almost always find the latest games and innovations at a crypto casino.
Not only is the range of betting markets and opportunities up to par on ADA sports betting platforms, it’s often better. As we explained above, crypto bookmakers tend to be at the cutting edge of contemporary sports betting.
As a result, you will often find innovative markets here, such as micro betting and more detailed props and live markets. Moreover, the odds are often more valuable and are updated quickly.
On Cardano and crypto sportsbooks, you can bet on all of the same sports and markets as you can on normal betting sites. Football (soccer,) golf, boxing and the NFL are all among the most popular.
Additionally, crypto sites also tend to offer markets on more niche sports and tend to have more sports overall. On average, a regular online bookie will have between 20 and 30 sports, whereas crypto platforms like Stake.com and BC.Game have 40+.
Here is a quick overview of the most popular games that you can wager on at the top Cardano esports betting sites:
To summarise everything that we have covered in this article so far, here are the main pros and cons of ADA sports betting:
Sports betting online with Cardano is a faster, more private and more secure alternative to fiat currency gambling. However, the same can be said for pretty much all cryptocurrencies.
What makes ADA stand out above the rest is the proof of stake (POS) protocol which makes transactions less complex, and therefore potentially faster and cheaper. This is ideal if you want swifter deposits and withdrawals overall.
The downside is that Cardano isn’t yet as widely accepted as other cryptocurrencies. However, that is something that is changing rapidly in 2024. Keep an eye out here for the latest and greatest DAD gambling sites in 2024.
Cardano or ADA sports betting works in a similar way to all other forms of online gambling. The only difference is that you deposit in ADA instead of fiat currencies like USD or EUR. If you don’t yet own Cardano (ADA), you will need to open a crypto wallet and buy some from a cryptocurrency exchange. For more information, head to TheGruelingTruth.com.
The advantages of using Cardano vs traditional sports betting are that it is faster, secure and more private. This means that transactions don’t show up on your credit score. Additionally, it uses a PoS protocol unlike most other cryptos, which makes transactions less complex.
The top bookies that currently support Cardano are Stake.com, BC.Game and Roobet. For more information on these betting sites, you can check out the expert reviews here at TheGruelingTruth.com.
All of the same sports that you can bet on in general are available for ADA betting. Football, basketball, rugby, boxing and horse racing are all among the most popular options worldwide.
First of all, you will need to get some ADA if you don’t own it already. This involves opening a crypto wallet and buying some from an exchange. You can do this independently, but some crypto gambling sites allow you to do it directly on the platform. Once you have some ADA, you just need to deposit it into your sports betting account from your crypto wallet.
To withdraw your winnings, you will need to go to the banking section of your account and make a withdrawal request. To receive your payment, you will need to copy and paste your wallet address. In general, you should find that you receive your funds within 24 hours.
Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.
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