Cardano Betting Guide – What You Need To Know To Gamble With Cardano (ADA) Cryptocurrency
Cardano gambling – that is, using Cardano ADA to deposit funds into your favorite Internet betting sites quickly and easily (and getting ADA payouts, too!) – is shaping up to be the Next Big Thing. The best online casinos, sports betting sites, and poker rooms are all planning on implementing support for the Cardano coin. So, why Cardano?
While there are other supported cryptos out there for online betting banking – like Bitcoin (BTC), Litecoin (LTC), and more – Cardano news is off the charts with the Q3 2020 launch of the Cardano Shelley Era.
This page is not intended to be a Cardano crypto review (even though we give ADA six stars out of five!). Our goal is simply to share the latest Cardano news, explain how Cardano works, show you how to buy ADA, share the best Cardano wallets to use, and – most importantly – to demonstrate why ADA promises to be the best cryptocurrency for all your gambling needs.
Best Online Gambling Sites That Accept Cardano
Currently, Cardano is still considered a relatively new cryptocurrency, especially since it’s just hitting its stride in its transition to a genuine proof-of-stake (PoS) platform. With the Shelley launch and its support for delegated ADA and passive rewards, the network is expected to take off in a big way.
Given that Cardano is already in the top 10 of all cryptos in terms of market capitalization and trading volume, the best online betting sites are bound to offer support for ADA deposits and withdrawals sooner rather than later.
Cardano Online Gambling Markets
There are a number of online Cardano gambling markets that are currently offered by the most trusted online betting sites.
Regardless of the type of real money gambling you enjoy, you’ll be able to play your favorite games, bet on your favorite teams, and put your best hand forward at poker cash tables and tournaments, 24/7/365.
Best Online Casinos that Accept Cardano ADA In 2024
Below are online casinos that accept cryptocurrencies including Cardano, as it’s one of the fastest-growing altcoins in the industry.
All the sites listed here are legitimate Cardano online casinos, and each is licensed and regulated by a globally recognized governing body.
You will be able to play hundreds of RNG (random number generation) electronic table games, live dealer, and various other online casino games you can bet on with Cardano. Each site offers the following casino games, just to name a few:
3 & 5 Reel Slots
Blackjack
Roulette
Baccarat
Craps
Keno
More Casino Games- 3D Slots
- Progressive Slots
- American Roulette
- European Roulette
- Mini-Baccarat
- Video Poker
- Bingo
- Scratchers
- Live Dealer Games
- + More!
Site | Bonus | US | Visit |
---|---|---|---|
Up To 7 BTC | Accepts All Countries Except UK, US, RU, NL, JP | Play Now | |
250% up to $6,000 | Yes | Play Now | |
100% up to $3,000 | Yes | Play Now | |
100% up to $3,000 | Yes | Play Now |
*Special Instructions For USA Players
Online Sportsbooks that Accept Cardano ADA In 2024
Many of the best crypto betting sites offer Cardano sports betting in addition to their casino games. These are international books, with odds and lines on every major league of import the world over.
If it’s a sport, you can bet on it with the best online bookmakers – and you can now bet on it with ADA.
Typical markets include the following:
NFL
NCAAF
NBA
MLB
NHL
MLS
More Sports- Premier League Soccer
- La Liga Soccer
- Bundesliga Soccer
- International hockey
- NASCAR
- Formula 1
- Rugby
- Cricket
- UFC/MMA
- Boxing
- Golf
- Tennis
- Virtual Sports
- + More!
Site | Bonus | US | Visit |
---|---|---|---|
Up To 7 BTC | Accepts All Countries Except UK, US, RU, NL, JP | Play Now | |
50% up to $1,000 | Yes | Play Now | |
50% up to $1,000 | Yes | Play Now |
*Special Instructions For USA Players
Online Poker Sites that Accept Cardano ADA In 2024
Online poker is what started it all, and now you can fund your account using Cardano at Bovada. However, ADA is not currently supported so you will have to use your ADA to buy Bitcoin or another accepted digital currency.
These legal Cardano online poker rooms offer cash table play with multi-table support, smaller Sit ‘N’ Go tournaments and full-scale online poker tournaments with payouts worth hundreds of thousands of dollars. The supported poker game types are the “Big Three,” with every top poker site offering countless options for each one:
Texas Hold’Em
Omaha
Omaha Hi-Lo
Site | Bonus | US | Visit |
---|---|---|---|
100% up to $1,000 | Yes | Play Now | |
100% up to $1,000 | Yes | Play Now |
*Special Instructions For USA Players
Cardano Mobile Gambling Apps
The mobile gambling industry got a real shot in the arm with the advent of Bitcoin, and Cardano will continue that trend, taking cryptocurrency support to new heights. And because you can buy, trade, sell, and use ADA via your mobile device, your iPhone or Android can be a truly one-stop shop for all your gambling and banking needs.
Whether you want to play the best Cardano mobile gambling apps, participate in mobile sports betting, or even play mobile poker, real money options are literally just a tap away. Of course, with the best international betting sites, you don’t actually need native gambling apps, and you won’t find any on the App Store or in Google Play.
Instead, the best online gambling apps are actually web apps, meaning that no downloads or updates are necessary. All you need is an iPhone, iPad, or Android device, a membership at a top betting service, an Internet connection, and an up-to-date browser. With dynamic, responsive web design, these sites’ mobile betting networks are second to none, and they look and feel just like native apps.
Online Betting With Cardano
Though not yet widely supported, you can now directly fund your offshore gambling activities with legitimate online operators using ADA, and it works like other cryptos that other online betting sites currently accept, replete with all the extra benefits of crypto gambling.
Deposits
Making online betting deposits with ADA is as simple as visiting any top online casino, sportsbook, or poker room, navigating to its cashier page, and choosing the ADA option.
From there, you’ll simply copy the site’s ADA wallet address, open your own ADA wallet or crypto exchange account, paste that address into the recipient field, and send your site any amount of ADA you wish (within their minimum and maximum deposit parameters).
In just seconds, your Cardano will be credited to your account in USD (or another supported fiat currency for international users), and you can then gamble online for real money.
Withdrawals
When it’s time to collect your winnings, you can request a Cardano payout. It is important to note that you can only request an ADA withdrawal if you first deposited using Cardano, though you can also request traditional withdrawal methods like bank wires, money orders, and courier checks.
That said, ADA withdrawals are the superior option, as you will get no added transfer fees and same-day payouts by going this route. We always recommend that online gamblers use cryptocurrencies, and once ADA is supported by your favorite sites, that will be the best crypto to use.
Bonus
Crypto bonuses at online betting services always garner members the most bang for their buck. Because there are no added fees for users or the site operators themselves, members are encouraged to use crypto.
ADA bonuses will be the same as current Bitcoin bonuses, granting first-time depositors a huge boost to their bankrolls and giving returning customers extra money with which to gamble.
Bonuses do come with rollover requirements, but all the top casinos, sportsbooks, and poker rooms operating online make sure that their rollover or playthrough terms are fair and attainable. Though bonuses are optional, we recommend accepting them whenever they’re offered.
What Is Cardano?
Cardano is a third-generation cryptocurrency platform that improves on established models by offering faster transactions, greater security, and true decentralization that even the likes of Bitcoin cannot hope to match. The Cardano token is called ADA, as is the Cardano stock symbol (i.e. the ticker symbol you will see at major exchanges).
Though the Cardano blockchain is technically complex, the network can be summarized simply. Instead of using proof-of-work algorithms to drive block validation and creation, Cardano uses a unique proof-of-stake concept. Cardano stake pools allow ADA holders to delegate their coins to large collectives, which then vie to become “slot leaders” to be chosen to validate transactions and build blocks during five-day “epochs.”
New slot leaders are selected for every epoch, and if delegators’ pools are selected as slot leaders, they will all earn Cardano rewards – that is, free Cardano – for participating.
This allows for real decentralization, unlike Bitcoin, which now takes so much computing oomph to validate that only a handful of major corporate data centers can earn rewards. In this way, Cardano is all about the little fish, but if you gamble with Cardano, you might become a bona fide whale in no time!
How To Buy Cardano
The first step in being able to use Cardano for online gambling (or literally anything else) is to buy Cardano ADA. Because the Cardano value fluctuates, you should follow the daily or weekly trends and try to buy in when the Cardano coin price is lower than its recent average.
Cardano transaction fees are set by the blockchain and are minimal, and you can purchase ADA in several ways at the best online crypto exchanges.
Most buy-in points for ADA will require users to wait several days for their initial transactions to clear, though this can be reduced to just minutes if you purchase BTC through LocalBitcoins.com using the US Zelle Pay service (or other instant pay services for international gamblers), which you can then use to trade for Cardano instantly.
If you want to know how to buy Cardano with PayPal, that option is not yet available to US customers, but in the following section, you can learn all about where to buy ADA today.
Where To Buy Cardano
Now that you know how to purchase Cardano, the next step is to find an exchange that will let you do so quickly and easily. With Cardano, where to buy the cryptocurrency can be a bit tricky, as not all major exchanges support USD-ADA trades yet.
For example, if you’re looking for how to buy Cardano, Coinbase – the most popular USD-to-crypto buy-in exchange – does not yet support ADA. (That said, Coinbase is rumored to offer Cardano purchasing in late 2020 or early 2021.)
Nevertheless, you do have several options for buying Cardano easily and securely. The reputable exchanges listed below are just a few of the services that allow you to buy Cardano with USD and/or Bitcoin or other cryptocurrencies.
Note: Even if an exchange does not let you directly buy ADA with USD, you can always use USD (via bank transfers, credit cards, debit cards, etc.) to buy Bitcoin or another supported crypto, which can then be used to purchase ADA.
BinanceBTC-to-ADA Bittrex
USD-to-ADA
BTC-to-ADA Coinmama
USD-to-ADA,
BTC-to-ADA EXMO
USD-to-ADA,
BTC-to-ADA* HitBTC
USD-to-ADA,
BTC-to-ADA* Kraken
USD-to-ADA,
BTC-to-ADA
Cardano ADA FAQs
Is Cardano legit?Absolutely. While every cryptocurrency has its naysayers, Cardano is one of the best-performing altcoins to date, with a mid-2020 market capitalization of over $3.2 billion.
Is Cardano a scam?No. Again, though, there are naysayers about every single cryptocurrency. Heck, there are still even people who believe that Bitcoin itself is a scam!
Because of the new financial concepts that crypto represents, many traditional investors are wary of alternative currencies, but Cardano has proved itself to be a legitimate coin over the first five years of its existence.
Who invented Cardano?Cardano was founded by mathematician Charles Hoskinson, who was a co-founder of Ethereum.
Hoskinson is regarded as a true visionary in the cryptocurrency space, and he has a successful track record of developing advanced blockchain technologies in concert with his IOHK company.
When was Cardano launched?Cardano was created in 2015. The Byron Era started in 2017 as part of the Cardano roadmap leading to the 2020 launch of the Shelley Era, which allows for delegate pools and ADA rewards as well as true decentralization.
Is Cardano a good investment?Cardano, thanks to the Shelley hard fork that now allows delegation to stake pools, is one of the best cryptocurrencies in which to invest. There is no telling what price Cardano will reach, but now is definitely the best time to buy into the platform.
Can Cardano hit 100 dollars?Who knows? However, speculation suggests that Cardano has the inherent potential to not just reach 100 dollars in value, but to surpass it greatly.
As of mid-2020, one Cardano ADA coin is worth approximately 12-13 cents. It has an all-time high of $1.33, which it attained in January of 2018.
Cardano has been on an upward trend for the better part of the last year, and the Shelley Era means that the sky’s the limit!
Is Cardano the future?It’s certainly going to be a big part of it. There is little to no chance that any cryptocurrency will displace BTC any time soon as the gold standard, but Cardano is already in the top 10, which means it will be relevant in the crypto industry for the foreseeable future.
Will Cardano be listed on Coinbase?If the rumors are true, Cardano ADA should be one of the next cryptocurrencies to be offered at Coinbase, which will cause its value to increase significantly.
Cardano could be available to purchase at Coinbase via USD by the end of 2020 or early 2021.
Can I buy Cardano on Poloniex?If you are an American gambler, you cannot buy Cardano at Poloniex, as the exchange no longer accepts US residents.
For International gamblers, Poloniex is a trusted, reputable service and is highly recommended. You cannot initiate fiat-to-crypto trades at Poloniex, however.