Best Cardano Bookmakers

Top-Rated Cardano Bookmakers Reviews

Let’s analyze the Cardano bookmakers reviews of the brands mentioned in the table.

Can You Use Cardano on Bookmakers?

Using his experience with Ethereum, Charles Hoskinson unveiled the Cardano digital currency in September 2017.

According to Hoskinson, one of the main reasons for creating Cardano was to do something about scalability problems faced by other digital coins.

In just a few years, Cardano has become one of the most successful digital currencies on the market.

It is helpful to know the pros and cons of using ADA on bookmakers, so we have outlined three of each below.

Why is using Cardano on Bookmakers the right call?

• At present, ADA coins are extremely cheap in comparison to other cryptoassets with a large market cap

• The independent nature of the ADA network means your transactions won’t be declined.

• Cardano is considered one of the most secure and stable cryptoassets around.

Here’s why you should avoid using Cardano on Bookmakers

• The large supply limit could reduce ADA’s potential for growth

• Despite its large market cap, ADA is not as well-known as other coins, so not many bookmakers accept it right now

• All transactions are non-reversible, which means you don’t get a refund if you’re scammed or make a mistake

Best Types of Sports Plays

There’s no question that Cardano sports playing has experienced a surge in popularity.

Many bookmakers now offer you the chance to play with Cardano on dozens of sports, not to mention esports too.

If that isn’t enough, there’s a breathtaking number of markets.

Nonetheless, it’s a grave error to register with any Cardano bookie without fully understanding the reasons why you are playing in the first place.

This process involves performing research to gain greater awareness of the sports betting markets that interest you.

This comprehensive guide provides essential information on the most popular markets, outlining what must happen for you to win.

When you’ve finished reading, you should have an idea of the markets you’d like to play on, knowledge that should help boost your bottom line.

Event winner

This is perhaps the easiest and most commonly used Cardano sports playing market.

It is as easy as picking the team or player you believe will triumph.

For example, you can choose the New York Mets to beat the Boston Red Sox in the MLB.

As simple as the Moneyline market is, not every sport offers the same options, as we describe below.

Soccer

In soccer, the Moneyline offers three choices: Home win, away win, or the draw.

Since draws happen in up to 30% of professional games depending on the league, it is a worthwhile option available at reasonable odds.

Experienced soccer bettors also know about these two Moneyline variations:

• Draw no Bet: Your bet is successful if the team you select wins the game, and you get your Cardano back if it draws.

• Double Chance: You make a profit if the team of your choice wins or draws the game. However, please note that you don’t win any extra money if the team wins.

Basketball/ American Football/ Baseball

There is no ‘draw’ in many North American sports because if a game finishes level, it goes straight into overtime.

Basketball, American football, and baseball are three examples of this happening.

Although American football games sometimes end in a ‘tie,’ you’re unlikely to find this market on many bookie websites with ADA .

As a result, you should win your play as long as your selection triumphs after overtime.

However, we advise you to ensure that the ADA bookie includes overtime in your original Moneyline play.

Tennis

There are plenty of sports where the outcome can only be a win or a loss for one team or player.

Tennis is one of the best examples because a game can’t end until one player wins the requisite number of sets.

Therefore, this particular Cardano sports playing market is as straightforward as it gets.

Overall winner

There are generally large tournaments featuring dozens if not hundreds of games in different sports.

The tournament winner market enables you to select who you think will likely win the big prize.

Given the difficulties of picking a winner, you should find long odds for many selections, giving you the chance to win lots of ADA.

Some bookies accepting Cardano let you mitigate your risk by letting you back your choice each-way.

With this market, you can win ADA if your team/player gets to the semi-final at least or loses the final.

Over/Under

This well-known market revolves around the total number of scores in a game.

You have to choose whether the game will have over or under the number of scores than the ‘line’ set by the bookie that accepts Cardano .

If you believe the bookmaker’s line is completely wrong, you can look into the alternative over/under market for higher odds selections.

Each sport has its own scoring system, which means this market can vary.

For example, imagine that the bookmaker that accepts ADA has the line on a game between Arsenal and Leeds United at over/under 2.5 goals.

You would make a play on over 2.5 goals if you think the game will have 3+ goals and under 2.5 if you feel it will have 2 or fewer goals.

Another option is to back over 3.5 goals if you believe the match will have a minimum of 4 goals.

The beauty of this play is that it doesn’t matter which team/player wins, as your only concern is the level of scoring in the event.

Next score

If you’re a novice, the next score market is among the simplest to understand.

The only thing you have to do is play on whoever you feel will get the next score in the game.

For example, you may believe that the Toronto Blue Jays will score the next run against the Boston Red Sox.

Some sports are relatively low-scoring, so you might have to wait for the play to get settled.

Believe it or not, about 1-in-14 professional soccer games end scoreless after 90 minutes of play.

Therefore, consider sports like tennis and basketball if you want plays where the outcome is resolved quickly.

Virtually every bookie website accepting ADA enables you to play on the next point or basket.

With dozens of scores per match, it doesn’t take long for you to discover if you made a successful play or not.

Line betting

Most sporting events have a clear favorite, so bookmakers must adjust accordingly.

In this instance, the odds on the favorite are often too short to warrant a play.

Thankfully, you can fall back on the spread to get better odds for your play.

Cardano bookies give the weaker team a virtual advantage, and you must determine whether the favorite is strong enough to win with this deficit.

Let’s say that the Milwaukee Bucks are strong favorites to beat the Chicago Bulls and have a -10.5 handicap.

If you back the Bucks on the above spread, they need to win by 11+ points.

Alternatively, you can play on the Bulls with a +10.5 handicap and win Cardano if they win the match or lose by a maximum of 10 points.

Asian handicap

As you might guess from the name, the Asian handicap is a Cardano sports playing market that began in Asia.

It is slightly more complicated than its standard counterpart, but it can give bettors an edge when used correctly.

This is why pro gamblers prefer the Asian handicap market over the conventional version.

Here’s a quick overview of what each Asian handicap market means, using a game between Manchester City and Everton as an example:

• Man City (0): If City wins, your bet is successful. If they lose, your bet is unsuccessful, and if the game ends in a draw, your stake is refunded.

• Man City (-0.25): In the event of a draw, the site returns half your ADA. Otherwise, you win if City wins and lose if they lose.

• Man City (-0.5): This is the same as a double chance for Everton, meaning you only win if City triumphs.

• Man City (-0.75): If City fails to win, you lose the play. A victory by two or more goals for City means a full win, while a single goal victory is half a win. Suppose you would earn a profit of $20 for a City 2+ goal win. In this case, you net a $10 profit for a one-goal win.

• Man City (-1): You lose the bet if City doesn’t win the game and get your stake refunded if they win by one goal. You need a 2+ goal City win to earn a profit.

If you believe Everton will outperform the Cardano bookie company’s expectations, you can also use the Asian handicap market.

For instance, betting on Everton with the +1 Asian handicap means you win if the Toffees avoid defeat and get your money back if they lose by a single goal.

Bettors operating from a strict bankroll should consider these markets because there’s a security blanket of sorts in the form of returned stakes.

With the Asian handicap market, playing is no longer a binary ‘win or lose’ scenario.

Half/quarter/period markets

Most sports events are divided into sections, giving you further playing opportunities.

Let’s say you know that a certain team is strong in the second half of matches.

You can wait patiently until halftime to see how the game develops.

Now, you can play on the team of your choice winning at this stage if the odds are right.

By taking a detailed look into the capacity of a team to either start or finish fast, you could take your playing to the next level.

Individual performance

Regardless of the team sport, you get the opportunity to play on various player props.

Players have hot streaks, and if you can identify this uptick in performance early, you could win Cardano.

Depending on the sport you choose, this market can relate to goals, points, or baskets.

Team performance

In potential mismatches, it is always worth focusing on the performance of a specific team.

A major plus point of this market is that the overall result doesn’t necessarily dictate whether your play wins.

Even if the team you select ends up losing, you can still win ADA if you make the right call.

Correct score

Some bookmakers with Cardano allow you to avail of the correct score market in specific sports.

Winning involves accurately predicting the event’s final score.

It is easier to do this in tennis due to the lack of scoreline combinations.

For example, in a best of three sets match, the only choices are 2-0, 0-2, 2-1, and 1-2.

In contrast, predicting the correct score in soccer is difficult because of the vast number of possible results.

If you don’t conduct plenty of research, any wins you achieve are solely down to luck.

On the plus, bookmaker websites with Cardano tend to provide decent odds for the correct score market, so any win is a worthwhile one.

Live Playing

If you have the opportunity, taking time to watch a match unfold could prove lucrative.

As long as you can make sensible decisions quickly, the in-play playing markets offered by Cardano bookies give you plenty of chances to win.

Bettors reluctant to commit to a play pre-match can see how things are going to discover if their initial assumptions are confirmed.

Sometimes, all you need is to watch a few minutes of a game to get a feel for how it is likely to pan out.

Also, specific markets are almost guaranteed to provide better value odds as the game proceeds.

Futures Playing

Ante-post playing revolves around sports events set to take place at least 24 hours later.

However, the futures markets offered by ADA bookmaker websites generally involve events a few months away.

Experts in this form of playing aim to get long odds on an outcome in the belief that the price will drop before the event.

Of course, there is always the risk of getting it wrong, and the odds of your selection get even longer.

Also, check the terms and conditions of the ADA bookie you place your ante-post play with.

Some sites refuse to refund your money if your selection isn’t involved in the event.

For example, let’s say you back Rafael Nadal to win the French Open tournament.

Suddenly, you discover that Nadal can’t play because of an injury.

Believe it or not, some Cardano bookmaker websites will keep your Cardano.

Effectively, you make an ante-post play any time you risk Cardano on a tournament winner before the event begins.

Understanding Playing odds

Even though it’s important to become an expert in sports markets, this is not your only concern.

If you don’t also understand what playing odds mean, you have no chance of making a long-term profit.

All the research in the world can’t make up for choosing poor value odds relatively often.

Every bookie that accepts Cardano has a house edge on each market you play on, and it is usually at least 3% but can increase to 30% depending on the market.

Your ultimate goal is to discover ‘mistakes’ in the odds occasionally made by bookmaker companies.

Value Playing: Your key to success

Value playing experts forensically examine each market to discover that elusive edge.

For instance, your research shows a 30% likelihood of Manchester United defeating Arsenal in the English Premier League.

Ask yourself this question: If the Cardano bookie website offers a price of 2.50 (in decimal odds) for a United win, is it value or not?

No! 100/2.50 means the bookmaker believes there’s a 40% likelihood of a United win.

The challenge is to perform enough research into an event to determine the real chance of a specific outcome.

Once you finish the investigation, the reward is a ‘betting tissue,’ a tool that places you in the role of a bookmaker.

A betting tissue is a means of pricing an event to create your own odds.

Nonetheless, it is a mistake to attempt this process before learning about the various forms of sports playing odds.

Calculating playing odds is a learned skill, so we’re providing information on three of the best-known types.

American odds

Cardano bookmakers that cater to users in the United States will often use American odds, which have a plus or minus sign before a number.

This sign indicates whether your profit will be more or less than the amount of Cardano you play.

If the sign is minus (-), it means odds of below evens, so your profit will be less than your play if you win.

If the odds include a plus sign (+), it is a play at odds above evens, so the potential profit is bigger than the amount you risk.

Below, we’ve compiled some examples of American odds, complete with information on how much you can win from different sized plays.

• +110: If you play $100 and win, you earn a $110 profit

• +150: The potential total return from a $100 play is $250

• +300: If you take a risk at these odds with a $100 play, you’ll be rewarded with a profit of $300 should you win

• -110: This odds on this play means a $100 stake would return $190.91 in total

• -150: A $100 play at this short price means a profit of $66.67 if you win

• -300: This is a short-priced play, so a win with a $100 stake equates to a profit of $33.33

Decimal odds

If you live in Europe, you’re likely familiar with decimal odds which are the most basic form.

To calculate your possible returns, multiply the size of your play in ADA by the odds.

Suppose you want to play on England to defeat Sweden and receive odds of 1.6; multiply your $200 stake by the 1.6 odds for a return of 320.

Should England succeed, the $320 return equates to a profit of $120 since 320 – 200 = 120.

To discover the probability of any pick winning in percent, divide the odds into 100.

Using the above example, England has a 62.5% chance of winning according to the bookmaker with ADA , since 100/1.6 = 62.5.

Fractional odds

If you live in Ireland or the UK, you might understand fractional odds better than most.

They are written with a hyphen or, more commonly, a slash between two numbers.

For example, if you play on an outcome at odds of 6/1, you receive $7 back for every $1 you risk.

Consequently, you will enjoy a return of $70 if you happen to risk $10 worth of ADA at the above odds.

The number on the left represents the total profit if you play the equivalent of the number on the right.

For instance, if the New Orleans Saints are 14/5 to beat the Los Angeles Rams, you will make a profit of $14 for every $5 you play if successful.

Calculating your total return is as easy as adding how much Cardano you staked to your profit.

Most Cardano bookie websites will allow you to change the odds format, so experiment to see which one you like the most.