There are a few key factors to take into consideration before your first deposit. Cardano’s recent rise in popularity led many Bitcoin online casinos into adding ADA as a payment method, but that does not mean that everyone offers the same product. Look into these specific points:
General Terms and Conditions
Before creating an account at any online casino or sportsbook, you need to read the t&c’s carefully. We understand that it is annoying, but it will save you from possible future troubles. Look into which group operates the brand, and see if it holds a license. Scrutinize their KYC requirements and withdrawal conditions.
Needless to say, examine the bonus generic terms for rollover requirements and maximum/minimum wagers. After a diligent research of the parameters above, you will clearly understand how the casino functions.
Type of Cardano Gambling Sites
You can separate crypto-friendly operators into two main categories. Hybrid casinos that convert your crypto deposit instantly into a FIAT currency, and Crypto-only sites, that let you retain your balance in its original cryptocurrency. The first option is safer, as you do not have to worry about market price volatility.
On the other hand, crypto-only casinos let you double gamble, as you can speculate simultaneously on casino winnings and the crypto’s value. A truly high-risk, high-reward option. Choose what suits you best.
Available Casino Games
Cryptocurrency casinos do not lack in their games library, as they usually offer all the prestigious game providers. You can pretty much find whatever a conventional online casino has. Moreover, crypto-friendly brands have a wide selection of provably fair games. These are games with built-in features that allow players to confirm on their own if a game round was legitimate or not.
Provably fair games are not necessarily based on a blockchain network per se, but they use similar cryptographic technologies. However, there indeed exist decentralized gambling platforms with provably fair games based on blockchain networks like Ethereum, EOS and Tron. There are not yet similar applications on Cardano, but it is only a matter of time until they appear. Up until then, check out some of the best Cardano casinos that offer enjoyable crypto games.