Cryptocurrency has become a major global trend over the past few years, leading to a whole new industry and new opportunities around the world.
One of the most interesting applications of cryptocurrency is online gambling. The last few years have seen a big rise in the number of online casinos and sportsbooks accepting crypto deposits and paying out winnings in crypto. One of the most popular coins for gambling online is Polygon (MATIC). The best MATIC gambling site can be found on our ranking list.
Polygon is a decentralized coin that was created on a sidechain of the Ethereum blockchain. It allows for the development of decentralized apps and processes fast transactions, making it ideal for online payments too. In this guide, we’ll be sharing where you can find the best polygon gambling sites and how to use them.
Benefits of Polygon Gambling Sites
There are lots of benefits to using Polygon to make deposits and withdrawals at gambling sites online. Here are some of the main reasons to get excited about Polygon casinos and sportsbooks.
Fiat vs Crypto
Fiat currencies, such as the US dollar, are backed by governments and controlled by a single organization. In the case of the dollar, it’s controlled by the US Federal Reserve, which affects its price and how it can be used. As it’s controlled by an organization, it’s considered centralized.
Sending fiat money is fairly difficult online, as it carries risks and it’s normally slow. If you want to make a bank transfer, you could have to wait several days for your funds to be received. In addition, there’s always the risk of your bank details being compromised.
On the other hand, cryptocurrencies were created to be decentralized and for the power to be in the hands of its users. For Polygon and other coins, this means the following benefits:
- Greater freedom
- Transactions are faster
- Less risk involved
Decentralization = Less Restriction
Decentralization is a concept that means a single entity or organization isn’t in charge. No one person controls what happens to Polygon or other cryptocurrencies. This means they’re harder to restrict, giving users more control over how they use their money.
In relation to centralized assets such as fiat money, a government could take control of your funds at any time. This can’t happen with cryptocurrencies unless they were to have access to your private wallet keys. As a result, cryptocurrency is ideal for people in places where the laws and government can be corrupt.
Safety and Transaction Speed
A major advantage of cryptocurrencies such as Polygon is their transaction speeds. Unlike fiat money, you don’t have to wait days for your funds to arrive in your account. There’s no middleman in crypto transactions, so the transfer can be confirmed in a matter of minutes, provided the network is good.
Safety is another important factor to consider when making payments online. You want to be assured that your personal details aren’t at risk. It’s hard to get this assurance when entering your bank details to make a fiat payment. With crypto, however, you simply enter your public wallet address to receive money or send funds directly from your own wallet.
Polygon uses a public blockchain, which means all transactions are visible to anyone that looks them up. However, this only shows wallet addresses rather than names and personal information. This means it’s perfectly possible to use Polygon and other cryptocurrencies anonymously.
If you want to stay truly anonymous, other cryptocurrencies offer better results. However, Polygon still provides a far greater degree of anonymity to fiat transfers.
Fast Payouts and Greater Limits
It’s always nice to be able to get your winnings as soon as possible from your gambling site. With fiat, you may need to wait several days, but Polygon and other cryptocurrencies can provide your payout in hours.
In addition, there are no limits when it comes to how much you can send or receive. Gambling sites may impose limits, but you can always send as much as you like using Polygon wallets.
Polygon Gambling Site Reviews
Before you choose a Polygon gambling site, you’ll want to learn more about how to gamble with MATIC and how to find the best sites. While it can be difficult to choose a good site from the ones available, we’ve made it much easier for you.
We review all crypto gambling sites to help give you all the information you need to choose the best one for you. Our Polygon gambling site reviews provide you with the details on the safest, fairest, and most enjoyable sites. As avid gamblers themselves, our review team knows what to look for when assessing gambling sites.
When we review Polygon sites, we always use the same criteria for each to ensure that you can easily compare them. We then list the very best to make it easier for you to find one you’ll love. Here’s some important info to consider before choosing a Polygon gambling site:
- Compare Polygon wallets before you buy
- Always check the MATIC rate at the exchange or casino before buying
- Make sure the casino you choose allows you to deposit Polygon
A Short Guide to Crypto Gambling
If you’re completely new to crypto gambling, it might seem a bit daunting to get into. However, you’ll soon find that it’s not as complicated as it appears. We’ve created this Polygon gambling guide to give you more details on how to gamble with Polygon. All you have to do is follow these simple steps.
See Our List for Polygon Gambling Sites
Our list contains the very best Polygon gambling sites that we’ve found while reviewing sites. Before you sign up anywhere, be sure to check out the list and choose one you’re likely to enjoy. We’ve personally tested each site, and we keep our list up to date to ensure it always features the highest quality possible.
Choose and Buy Cryptocurrency
Before you can enjoy gambling with crypto, you’ll need to get your hands on some. The easiest way to do this is to head to a popular exchange and buy some. However, some gambling sites also let you buy major cryptocurrencies from the cashier section. However you do it, be sure to choose a cryptocurrency that’s widely accepted and easy to use.
Set Up Your Polygon Wallet
If you’re buying on an exchange, you should set up a wallet to transfer your coins to. In the case of MATIC, you can use an Ethereum chain wallet such as Metamask to store your coins safely. Be sure to keep your private key to yourself and have a way to back up your wallet in case you lose access.
Deposit Polygon to the Gambling Site
After you’ve sent your Polygon to your wallet, you can then make a deposit. Sign into your preferred crypto casino and head to the cashier page. Here, select Polygon as a payment option and copy the wallet address. Paste it into your personal wallet and then enter the amount you’d like to deposit. Your funds should arrive within a few minutes.
How to Find the Best Polygon Gambling Site
There are loads of different Polygon gambling sites out there, and it’s important to make sure you choose one that’s high quality. Our top list and reviews make it much easier for you, but this MATIC gambling guide will also give you the details you need to choose the right one.
Does the Crypto Gambling Site Support Your Country?
Before you join a site, you should always ask is can you gamble with Polygon in your country? Not all countries and regions have legal online gambling, and there may be some restrictions. You might find that the site doesn’t actually accept players from your area. Make sure to ask is Polygon gambling legal before playing.
Polygon Gambling Site Trustworthiness
The safety and reputation of a site should be big factors in your decision to sign up or not. If you want to gamble safely and enjoy fair games, trustworthiness is very important. Always make sure that the site you choose is licensed and has a good reputation with players.
Our reviews carefully examine the trustworthiness of casinos and sportsbooks, helping you find sites with the best reputations. All of the Polygon sites on our top list have been confirmed as safe and secure.
Support team (Native Language?)
When playing at an online casino or placing bets on sports online, you may occasionally face issues or have questions. All good gambling sites will have a support team available for you to contact. Before you join, ensure that the support is available in your preferred language and that there are a number of contact options for you to use.
Transactions and Fees
Fast transactions and low fees are two of the biggest advantages of crypto casinos. You should be able to make lightning-fast deposits and not have to worry about long delays on payouts or expensive fees. You can check the payment information in our reviews or on the gambling site itself.
Ideally, you shouldn’t have to pay any fees when making deposits or withdrawals. However, some sites do charge. This information will be found in our review, and we’ll tell you if these fees apply to Polygon transactions.
Offers, Promotions, Bonuses
Bonuses are one of the best parts about gambling online, allowing you to gain some extra funds to play with and even make a profit if you’re lucky. When you’re choosing a Polygon gambling site, it’s a good idea to look at the kind of promotions available and what they offer.
Some sites might lure players in with big bonuses that are locked behind complicated terms and conditions. If you want to get the most value out of your gambling experience, you should always read through the terms carefully and be sure to understand the bonus.
Should You Consider Gambling Online Using Polygon?
Before you start gambling online using Polygon, you should consider the potential advantages and disadvantages. We’ve made this list of the main pros and cons to give you a better idea.
Instant deposits and very fast withdrawals
Higher security than using your banking information
You can unlock crypto bonuses with Polygon
Gamble with greater anonymity than fiat
It’s easy to buy and transfer your MATIC
You’ll need to transfer your Polygon to exchange before you can withdraw fiat
Some other cryptocurrencies offer greater privacy
Polygon Gambling Sites FAQs
Are Polygon gambling websites legal?
Yes, Polygon sites are legal. However, this will depend on where you live. Online gambling isn’t legal everywhere, but in most places, you don’t have to worry about prosecution.
How long do Polygon deposits take?
Polygon deposits are normally instant. You can send your funds from your wallet, and they will arrive in your gambling account straight away for you to start using.
Can I gamble completely anonymously with Polygons?
It’s possible to gamble anonymously with Polygon if you sign up to an anonymous crypto site. Some sites allow you to deposit and play without giving your personal information.
How long do Polygon withdrawals take?
Polygon withdrawals are normally very fast but can take up to four hours, depending on network congestion. In addition, you’ll need to wait for the gambling site to process your request, which can take a bit longer.
What cryptos should I consider for online gambling?
A lot of different cryptocurrencies are well suited to online gambling. Ideally, you want a coin that allows fast and cheap transfers and is widely accepted. Polygon is a great choice for those reasons.
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