Cardano was first developed in 2015 by Charles Hoskin, the co-founder of Ethereum – and was officially launched in 2017.
As such, ADA is now considered an excellent cryptocurrency for online gambling – and some of the best Cardano gambling sites are becoming more popular. Here, we will look at the pros and cons of Cardano betting, the top sites and how it works so you can find the best ADA gambling site for you.
Benefits of Cardano Gambling Sites
So, why should you make the switch to Cardano casinos? Well, there are numerous reasons to consider making your bets with Cardano:
Fiat vs Crypto
If you are familiar with cryptocurrencies, you will appreciate that there are pros and cons attached to this type of gambling. Some people are still dubious about cryptocurrencies. They don’t trust what they don’t know, which is why they will stick to a traditional fiat casino.
However, there are certain comparisons we can draw to suggest that it’s worth considering the switch. Aside from crypto transactions being completely anonymous, cheaper and faster than fiat currencies, here are other things to factor in:
Cardano gambling offers an investment opportunity – aside from gambling, ADA is a popular cryptocurrency that will offer increasing returns and help to grow your savings. The value of Cardano can grow faster than fiat currencies, meaning increased money even without gambling. However, the opposite is also true – and value could be lost in a bear market.
The very fact that 3rd gen crypto coins exist is evidence of technological advances. In many ways, Cardano even outshines other currencies such as Ethereum and Polkadot, so in many ways, gambling with Cardano is even better than Ethereum, let alone fiat currencies.
Obviously, cryptocurrencies are reasonably new and very volatile. It could drop value significantly in just a day – or double overnight. There are certain risks attached to Cardano gambling, but also many rewards.
Decentralisation = Less Restrictions
One of the biggest attractions attached to Cardano gambling is the fact that it runs on a decentralised blockchain, meaning there is no central body that controls it. So, for example, if you want to transfer fiat currency into your online casino account, it will need to go through a bank, credit card company or eWallet. However, the same is not true of Cardano – no other party will be involved apart from you and the casino.
This means that there are fewer delays as it is usually the bank or financial company’s processing time which is responsible for the long withdrawal time. It also means that no one apart from the casino can restrict how much and how often you deposit or withdraw. Ultimately you have all the control.
Safety and Transaction Speed
Compared to fiat currencies and other cryptocurrencies such as Ethereum and Bitcoin, Cardano deposits and withdrawals are pretty fast. Normally, all transactions will be completed within under one minute.
In comparison, more traditional forms of payment such as debit cards, bank transfers and eWallets are a lot slower – taking as much as 7 days or more for completion. This is more applicable to withdrawals, however. Traditionally, all deposits (apart from bank transfers) are instant, the delay is usually when it comes to getting your money back out.
Another major attraction of gambling with Cardano is its anonymity. This is something that is simply not possible when gambling at a fiat currency casino and it is very advantageous in many ways. It means that no one can see how much you spend playing casino games and gambling online.
In order to register an account at a Cardano casino, you simply need to enter an email address that you can use to contact customer support. You don’t need to enter your full personal and bank details to make deposits and withdrawals, just your Personal Wallet Number. As such, anyone performing a credit check on you won’t be able to find out anything about your gambling habits.
This ultimately means more security as your details aren’t held online so can’t be accessed by undesirable third parties.
Fast Payouts and Greater Limits
One of the biggest frustrations we have with traditional casinos is the time it takes to get our money. Normally, you need to request the withdrawal, possibly provide verification documents (which can take days), and then wait for authorisation. Even for eWallets, this can take many days.
This doesn’t even take into account the applicable withdrawal limits. If there is a $10,000 per month withdrawal limit and you are lucky enough to win $50,000 it can end up taking close to 6 months to get it all. This is not the case with Cardano casinos as usually the withdrawals are completed in under an hour and withdrawal limits are higher (if indeed there are any at all).
Cardano Gambling Sites Reviews
How to gamble with ADA successfully starts right at the beginning, with the right casino. That’s why we spend most of our time looking through new Cardano gambling sites, checking them out and seeing how good they are. We look for licensing, certifications and reputation.
As soon as we find one that we feel deserves more attention, we put it through a rigorous testing process, end to end. We will register a new Cardano casino account and deposit money to claim the welcome bonus. Following this, we check out the site, play the games, test out customer support and withdraw funds.
We ensure that each of our Cardano gambling sites reviews covers all bases.
Here are some other tips to consider when betting with Cardano:
- Look at our list of best Cardano casinos, read the reviews, check out the casino bonuses and choose your favorite.
- Make sure you compare different Cardano wallets for one that is secure but convenient.
- Make sure you keep an eye on the ADA rate and buy at the best price with the lowest fees.
- Make sure you read the terms and conditions attached to Cardano banking at your casino.
A Short Guide to Crypto Gambling
If our ADA gambling guide has convinced you to give Cardano casinos a go, then follow these steps to get started:
See Our List of Cardano Gambling Sites
We have done lots of hard work so that you can have access to the best Cardano gambling sites straight away. All of the recommended sites will be licensed and regulated by a top regulator and certified by a third party for transparency and fairness. They will also offer fair and generous bonuses, plenty of games, top-class customer support, fast and smooth deposits and withdrawals… and be the best in the industry.
Choose and Buy Cryptocurrency
The markets change from one day to the next, so you need to choose the right time to buy your Cardano. Just one day can make a difference. Also, check the different cryptocurrency exchanges to see which offers the best rates and lowest fees and commissions.
You will then need to transfer it to your crypto wallet.
Set Up Your Cardano Wallet
You may need to get yourself a new Cardano wallet if you don’t already have one. There are all different types available, some connected to the internet, some that aren’t. You need to make sure you pick the one that is both safe and convenient – maybe more than one if necessary.
You then need to make sure you note your PWN so you can transfer money into and out of it.
Deposit Cardano to the Gambling Site
If you have a Cardano wallet with funds and a new Cardano gambling site, then you can start playing;
- Open your casino account and open up the cashier section.
- Choose Cardano (ADA) as your preferred deposit option
- Note down the casino’s Personal Wallet Number exactly as written (including upper and lower cases)
- Open your Cardano wallet, enter your deposit amount along with the casino’s Personal Wallet Number) and confirm the transaction.
- The funds should be in your account within moments.
- Claim your Cardano casino bonus and get playing.
If you need to withdraw Cardano, it’s even easier:
- Open your Cardano gambling site account
- Open up the cashier and select ‘Withdraw’.
- Choose ADA as your withdrawal option
- Enter how much you want to withdraw along with your PWN number
You should get your money in just a few minutes.
How to Find the Best Cardano Gambling Site?
Before doing anything, you need to know the answer to two questions:
- Is Cardano gambling legal?
- Can you gamble with Cardano in your country?
If this is the case, it may be that you come across a Cardano gambling site that looks appealing and isn’t mentioned in our ADA gambling guide. That doesn’t mean it isn’t good, it may just mean we haven’t yet seen it. Here are some of the ways you can check for yourself.
Does the Crypto Gambling Site Support Your Country?
Just because Cardano gambling is legal in your country, it doesn’t mean all Cardano gambling sites are. You need to make sure that the ADA gambling site you are interested in is licensed and regulated for your region. You should never play at a site that isn’t as you will have no protection.
Cardano Gambling Site Trustworthiness
You should check the trustworthiness of the site. Not only should it be licensed, but the best casinos will be certified to prove that all of their games are provably fair. You should also look out for customer reviews to see what others have said about it as these will give you a good idea of what to expect.
Make sure it also operates with high-end SSL encryption technology to make sure the site is safe.
Support Team (Native Language?)
There’s no point in being able to access customer support if you can’t communicate with them. Most will offer 24/7 customer service via live chat, email and phone (sometimes social media platforms). However, many will only offer support in English.
So, it is a good idea to see if the team can be contacted in your native language first.
Transactions and Fees
If you play with Cardano, you will be interested in fast transactions and low fees. The casino should complement this. The best Cardano casino will facilitate fast transactions, low fees and high maximum deposits and withdrawals.
Offers, Promotions, Bonuses
If you are interested in generous bonuses, then this is essential. You want to claim a bonus that is both generous and fair so that you can get your Cardano casino journey off to the best start. Make sure that you read the T&Cs carefully before claiming.
Even if you don’t want to claim the bonus, a casino that offers a good and fair welcome bonus is more likely to be a good and fair casino.
It’s also worth looking at the selection of games available. A good casino will work with the best software providers and offer a variety of options such as slot games, table games, poker, live casino and blockchain-based games.
Should You Consider Gambling Online Using Cardano?
Here are the main Cardano pros and cons to consider
Proof of Stake algorithm means quicker and more efficient transactions
More adaptable than other cryptocurrencies because of its 2-layer structure
Lower energy consumption that POW cryptos
Decentralised transactions mean more control and anonymity
Uncertain how valuable the coin will become
Less available than more mainstream cryptos and fiat currencies
Cardano Gambling Sites FAQs
Are Cardano Gambling Websites Legal?
Cardano gambling sites are perfectly legal as long as you are located in a country where gambling and crypto-gambling are legal. You also need to ensure that you are old enough to gamble and that you are playing on a licensed Cardano gambling site.
Can I Gamble Completely Anonymously with Cardano?
Yes, Cardano is completely anonymous. Because you don’t need to enter your personal or financial details to deposit or withdraw, no one can see your gambling transactions. You only need to enter your PWN and possibly your email address if communicating with customer support.
How Long Do Cardano Withdrawals Take?
Usually, Cardano withdrawals take just a few moments to process. It is usually around 40 seconds and not more than one minute depending on how busy the blockchain is at that time.
What Cryptos Should I Consider for Online Gambling?
If you want an alternative to Cardano, you might consider trying out Ethereum gambling. Other cryptos and altcoins worth considering are Bitcoin, Binance Coin, Litecoin, Dogecoin or Ripple.
With 8+ years in the iGaming industry, Tomek has a wealth of experience in building and improving online casino platforms. Fascinated by the intersection of crypto technology and iGaming.
He has been involved in crypto since 2016, writing about free web (3.0), crypto (d)apps, and blockchain safety. Based in Malta, Tomek is a specialist in live casino games, one of his favorites – live roulette.More by Tomek Jedrak