In this ultimate resource, you will discover the best Solana betting sites in 2022 available in real-time.
If you want to deposit, withdraw, or bet using Solana, all of these highly regarded sites can help you.
Our guide offers the following information on SOL bookmakers:
How to choose them
The best exchanges that don’t prohibit the use of their services because of SOL sportsbook use in 2022
Are you ready?
Betonline is an online sports betting website which offers lots of Slots, Video Poker, Live Dealer, Blackjack, Baccarat, Keno, Roulette, Craps, Scratchcards, Dice, HiLo, Financial, Jackpot options to enjoy.
This site will provide you with hours of fun no matter where you are: it offers 27 sports, 500 casino games, and 2 different support languages, so get started today!Read full review
Sportsbetting.Ag is a sports betting website that offers worthwhile Slots, Video Poker, Live Dealer, Blackjack, Baccarat, Keno, Roulette, Craps, Scratchcards options.
This site gives you 31 sports, 200 casino games, and 1 different support languages, so there is always something to do.Read full review
CoinRoyale Casino is an easily accessible sports betting website that provides a substantial range of Slots, Video Poker, Blackjack, Baccarat, Roulette, Dice options.
With 9 casino games, 1 different support languages, and 15 sports, you’ll never be stuck for options on this site.Read full review
Now it’s time to have a look at each of the SOL sports betting sites reviews ranked in the table above.
Very Good Reputation.
We could not find more than a few legit complaints about Betonline online.
Awesome Customer Service.
Betonline‘s support is easy to contact and should solve any issue you may have quickly.
Excellent Gaming Experience.
Betonline does everything you want in a modern site, with great gameplay and an eye-catching design.
Outstanding Mobile Experience.
Not many sites can compete with Betonline when it comes to mobile experience quality.
Pointless VIP Program.
Despite the effort, Betonline‘s VIP benefits are inferior to those available on the best sites.
You can not play anonymously on Betonline.
Not End-to-end Crypto.
The digital currencies you deposit are converted into fiat at the time of the deposit, and vice-versa at the time of the withdrawal. You will be forced to play with fiat currencies.
Very Good Reputation.
We could not find more than a few legit complaints about Sportsbetting.Ag online.
Good Customer Service.
Although Sportsbetting.Ag’s customer support isn’t top-notch, it is a level above many of its rivals.
Excellent Gaming Experience.
Sportsbetting.Ag does everything you want in a modern site, with great gameplay and an eye-catching design.
Outstanding Mobile Experience.
The mobile version of Sportsbetting.Ag is well-thought out and crushes most other sites in this aspect.
No VIP Program.
It is surprising that Sportsbetting.Ag has no VIP program since it is a common feature of such sites.
Sportsbetting.Ag does not give users the option to play anonymously.
Not End-to-end Crypto.
Even though you can deposit with digital assets, they immediately get turned into fiat. When you withdraw, your fiat is turned back into crypto, but you have to use fiat while playing on the site.
Our research did not uncover many (or any) serious complaint about CoinRoyale Casino.
High-end VIP Program.
If you’re looking for sites with high-quality VIP programs, CoinRoyale Casino is among the best options.
Excellent Gaming Experience.
CoinRoyale Casino‘s website offers a modern design and is easy to use.
CoinRoyale Casino‘s registration process is modern and should take less than a minute. You will only need to provide the following: username, email address, password, email address validation.
Apart from having the chance to deposit crypto, you have the option to play with the following coins:
CoinRoyale Casino possesses no license. Although there are some decent sites with no licensing, it should cause you to pause for thought before registering.
Bad Customer Service.
CoinRoyale Casino‘s support isn’t the worst out there but compares poorly with most of its competitors.
Barely Any Promotion.
You will struggle ever to find a promotion worthy of the name on CoinRoyale Casino.
You can not play anonymously on CoinRoyale Casino.
Curious about Solana sports betting sites, but still looking for reasons to take action?
There are countless reasons to give them a try, and here are just a few of them.
Fiat currencies are old-fashioned.
Inflation is decreasing their value every single year.
Ultimately, governments keep the current fiat system because it suits their needs.
Banks have carte blanche to determine to whom you can send them.
It’s time to move away from fiat currencies.
In 2022, Solana represents the future.
You can exchange Solana without intermediaries.
Therefore, you don’t have to worry about payment gateways.
You keep the traditional banking system out of the loop.
All you need is a reliable VPN to register an account on Solana sports betting websites.
You can now start using sites that generally don’t allow users from your country.
Certain end-to-end Solana betting sites will also let you bet even if you live somewhere where sports betting websites are illegal.
Disclaimer: We do not explicitly encourage any kind of illegal or unauthorized activity. There are risks involved in using betting sites that would typically not accept users from your country, including (and not limited to) getting your accounts and funds frozen.
Banks are not really fans of sports betting sites.
We have heard and read many stories where people couldn’t get a mortgage due to their use of sportsbooks.
It didn’t matter that their use of sportsbooks was nothing more than casual.
When using Solana betting sites, there’s no way your bank will ever know. It will remain your own business.
As a bonus, no one else will find out either.
While you bet on a regular sportsbook with fiat currencies, you hold … fiat.
With fiat currencies, you lose purchasing power every minute.
Instead, set up an account on SOL sportsbook websites, and there’s a good chance your SOL balance will rise.
It is sometimes a challenge for punters to deposit money on sports betting sites.
One of us even got his bank account frozen for an entire month.
Here’s the reason. He wanted to put money into his sportsbook platform account and his first deposit was with a credit card.
It so happened that a new regulation was put in place in the UK on the 14th of April 2020, and he didn’t know about it.
It turned out he could no longer make deposits or withdrawals on betting platforms. The bank even sent him an email warning him not to do it again.
With Solana, you will not need to beg your banker ever again.
Many online sports betting sites accept Solana. The trouble is, most of them offer fairly poor services.
These sites seem locked in a time warp with payouts taking days, poor customer service, and many other issues.
On the contrary, the best Solana betting sites are more modern, have better technology, and target a more educated audience.
This translates into better, more competitive, and safer Solana betting sites overall, with better payments, more frequent bonuses and promotions, higher-quality support, and more.
Typically, sportsbook companies are slow because they have to do business within the banking system and its heavy regulations.
As a consequence, you’ll notice that you’re forced to accept low deposit and withdrawal maximums, not to mention waiting days to complete a transaction.
The Curaçao Gaming Authority regulates many of the best SOL bookmaker websites; however, this is a less strict form of financial regulation.
The result is speedy payments along with high deposit and withdrawal limits.
We have found a few top SOL bookies that have NO limits on deposits and withdrawals, and you get your money almost instantly. You never get this kind of service from a traditional sportsbook platform.
Of course, remember to consider the time it takes for the various blockchains to process the transactions.
Many exchanges have policies against Solana betting websites.
They will keep your money and shut down your account if they catch you using them to deposit on SOL sports betting sites.
And frankly, these days, it’s easy for them to find out. Surprised? Here’s how.
Top-rated exchanges can track transactions on the blockchain by using blockchain forensics software.
And the software is very efficient, to the point that we already received notifications from a few exchanges.
So, what is the best exchange for those who want to bet on Solana betting sites?
The answer is Binance.
Not only is it the biggest exchange in the world; it has never had any policy against Solana betting sites, ever.
We believe it is the best exchange because of its high level of security and small fees. It also lets you withdraw quickly and offers a massive number of currency pairs.
Set up an account on Binance, and you’ll discover that depositing funds and wagering on any reputable sportsbook with SOL is effortless.
Many users of sports markets now register with betting sites and deposit Solana.
Keep reading to discover the sports and markets provided by these innovative sportsbooks.
Solana sports betting websites provide as many sports markets as traditional sports betting sites.
You’ll also find that SOL sportsbooks provide better odds for various markets than a standard sports betting website.
Moreover, these sportsbooks also give you access to the hottest sports, leagues, and competitions on the planet, including:
Soccer: The European Champions League and the Europa League
Tennis: Wimbledon, the French Open, and the BNP Paribas Open
Golf: The Ryder Cup and the PGA Championship
Basketball: The NBA, Euroleague, and the Olympic Games
American Football: The AFC and NFC Championships and the Super Bowl
Cricket: The Ashes, T20 World Cup, and the ICC Champions Trophy
When you register with any Solana betting site, you have the best seat in the house when the world’s biggest sporting tournaments take place.
Additionally, you can bet money in play for the opportunity to quickly earn a profit.
The electronic sports industry is now a billion-dollar sector that attracts an astonishingly large audience of over 450 million.
Tournaments take place virtually every day and involve elite gamers.
There is even a suggestion that eSports will eventually become part of the Olympic Games.
Reputable Solana sports betting websites jumped on the eSports trend and now rival standard betting sites regarding available events and markets.
It is wise to familiarize yourself with eSports before you consider making bets on them.
The most popular eSports games include Call of Duty, DOTA 2, and Counter-Strike: Global Offensive.
Solana betting sites tend to offer markets relating to total maps for certain games, not to mention handicap options.
Regardless of what you think of eSports, they aren’t going away, so it is best to embrace their presence on Solana betting sites.
Virtual sports are very different from their real-world counterpart because they rely on algorithms to decide the outcome.
The graphics resemble those used in video games and are usually high quality.
There is a nice choice of virtual sports available, including darts, basketball, and cricket.
Everyone who bets Solana on virtual sports witnesses the same outcome, regardless of where they are.
Unlike eSports which involves humans, virtual sports are entirely computer-generated.
As a result, it is harder to win because you can’t analyze any statistical data to help you.
You can only base your decision on the available odds or a hunch, which means winning is all about luck.
Solana betting sites know that they can offer a huge volume of virtual events for you to wager on each day.
For instance, there is a horse race every minute and a soccer game every 3-4 minutes on most sites.
There is no link between real-world and virtual sports, so you could enjoy the latter in places where regular sports wagering is forbidden.
As a result, you might want to try virtual sports if your country says it is illegal to wager with SOL on regular sports.
Those in the know realize that SOL sports sports betting is highly favored amongst bettors.
Many betting sites now offer you the chance to wager with Solana on dozens of sports, not to mention esports too.
Furthermore, there are an extraordinary number of markets to choose from.
However, before you register with any Solana sportsbook and risk money, it is essential to understand the logic behind each wager.
Sensible bettors realize they need to educate themselves on the available sports betting markets.
This detailed guide discusses numerous popular markets and illustrates how you can win.
By the end, you’ll hopefully know what markets you prefer to bet on and increase your likelihood of success.
This is perhaps the easiest and most commonly used Solana sports betting market.
It is as easy as picking the team or player you believe will triumph.
For example, you can pick the Boston Celtics to beat the Los Angeles Lakers in the NBA.
Although it is a simple market to understand, there are some minor differences depending on the sport, as we illustrate below.
In soccer, you can select the home or away team to win, and you also have the choice of backing the draw.
Draws happen in top-level soccer in 25% to 30% of games, making it a viable option usually available at decent odds.
Experienced soccer bettors also know about these two Moneyline variations:
Draw no Bet: If your selection draws, you get your SOL back, and you win if the team wins.
Double Chance: You win if your selection avoids losing. However, you win the same amount whether the team wins or draws.
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 Solana sportsbooks.
Therefore, your bet carries into overtime and wins if your team is victorious.
Despite this fact, it is wise to check the market offered by the SOL betting platform to ensure it counts overtime wins.
It is impossible for a draw to be the outcome in certain sports.
Tennis is one of the best examples because a game can’t end until one player wins the requisite number of sets.
Consequently, the tennis Moneyline is one of the simplest Solana sports betting markets you can use.
It is normal for each match to be part of a league or tournament.
As the name implies, the outright winner market lets you pick who you think will emerge as the ultimate champion.
It represents an opportunity to win a substantial amount of SOL as most selections are available at relatively long odds.
Certain Solana betting websites also provide an each-way option on their tournament winner markets.
With this market, you can win SOL if your team/player gets to the semi-final at least or loses the final.
This well-known market revolves around the total number of scores in a game.
The Solana sportsbook platform will set a ‘line,’ and you have to decide whether there will be more or less scoring plays.
There are also alternative over and under markets if you think a match will have a surprisingly high or low number of scores.
Each sport has its own scoring system, which means this market can vary.
For instance, Solana betting companies might put the line on a Liverpool vs. Manchester United game at over/under 2.5 goals.
If you’re anticipating a free-flowing game with at least 3 goals, you could bet on over 2.5 goals or back under 2.5 goals if you think there will be 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.
With the totals market, you don’t care about who wins, only that the game has the right number of scores for you to win.
If you’re looking for a gentle introduction to sports betting, the next scorer market is as basic as it gets.
As the name implies, the idea is to wager on the next individual or team to score next in the match.
For example, you might decide that the Detroit Lions will get the next touchdown or field goal against the Chicago Bears.
However, please note that certain sports are low-scoring, so you may not know if you win or lose your bet for a while.
Believe it or not, about 1-in-14 professional soccer games end scoreless after 90 minutes of play.
For that reason, you should look into high-scoring sports such as basketball or tennis if you’re seeking fast action when you bet.
The majority of betting sites that accept Solana permit players to bet on a basketball game’s next basket or a tennis game’s next point.
With dozens of scores per match, it doesn’t take long for you to discover if you made a successful wager or not.
It is rare for a sporting contest to be evenly matched on paper, which sports betting sites know only too well.
They react by ensuring the odds on the favorite as so tight that most players won’t place a bet.
However, you can make things more interesting by betting on the handicap market.
Solana betting sites place the favorite at a disadvantage, and your goal is to conclude whether it can win with a handicap or not.
Suppose the Milwaukee Bucks are favored to beat the Chicago Bulls; a betting site might start them off with a -10.5 handicap.
The above handicap means that the Bucks have to win by a minimum of 11 points should you choose to bet on them.
If you think the Bulls are being underestimated, you can bet Solana on them with the +10.5 handicap and win if the Bucks win by 10 or fewer points.
Originating in Asia, this is an intriguing Solana sports wagering market.
It includes more of a learning curve than the typical spread market, but it is worth learning about the better value offered.
Indeed, the Asian handicap market is often the weapon of choice for professional gamblers.
Using a game between Manchester City and Everton as our example, let’s investigate a few Asian handicap markets:
Man City (0): A draw means you receive your money back, a win for City means your bet wins, and a loss for City results in you losing your full stake.
Man City (-0.25): As with a ‘straight bet,’ you need City to win to earn Solana and lose your stake if they lose. However, you get half your money back if the match finishes in a draw.
Man City (-0.5): The only way to win money is with a Manchester City victory. Otherwise, you lose 100% of your bet.
Man City (-0.75): If City wins by exactly one goal, you earn half the full profit, while a 2+ goal win ensures you win the bet. If a big City win means a $50 profit for you, a one-goal win means a profit of $25. A draw or loss for the Citizens means you lose your money.
Man City (-1): City must win by at least two goals for you to profit. Otherwise, your money is returned with a single goal City win, and your bet fails if City loses or draws.
If you believe Everton will outperform the Solana sportsbook website’s expectations, you can also use the Asian handicap market.
Let’s say you think Everton has a very good chance. You can back the Toffees on the Asian Handicap at 0 and get your money back if they draw.
Bettors operating from a strict bankroll should consider these markets because there’s a security blanket of sorts in the form of returned stakes.
By removing the binary ‘win’ or ‘lose’ outcome from the equation, the Asian handicap market offers something new when you decide to wager.
You have additional betting options in the form of half/quarter/period markets because most sports have breaks in play.
Let’s say you know that a certain team is strong in the second half of matches.
You can wait for the first half to conclude and analyze the action if you have the opportunity.
From that point, you can decide if you want to back the outfit to win the game or score a certain number of times in the second half.
It is worth performing additional research to see if any particular team/player shows strengths or weaknesses at certain periods of matches.
Regardless of the team sport, you get the opportunity to bet on various player props.
If you believe a player is in great form or has a record of brilliant performances against certain opposition, you can use this knowledge to win Solana.
Depending on the sport you choose, this market can relate to goals, points, or baskets.
Apart from the general match markets, you can also back teams to perform well or poorly on the day.
A major plus point of this market is that the overall result doesn’t necessarily dictate whether your wager wins.
Even if the team you select ends up losing, you can still win Solana if you make the right call.
Depending on the Solana sportsbook website and the sport, you could have the opportunity to use the correct score market.
To win, you have to predict the precise scoreline in a match.
It is less difficult in tennis, for instance, because there are only a handful of potential scores.
Let’s say you guess the score of a best of three-set match; you only need to choose between one of the following outcomes: 0-2, 1-2, 2-0, 2-1.
It is more challenging to guess the right score in a soccer game because there are dozens, if not hundreds, of possibilities.
Without detailed research, there is little hope of achieving success.
The difficulty involved in winning on the correct score market is reflected in the long odds offered by Solana sportsbook websites.
Setting aside time to watch a match live could help you make money.
SOL sportsbooks offer a remarkable array of in-play betting options, which are fast-moving markets.
Suppose you feel that a team will play well but aren’t 100% sure; witnessing a game in-play gives you enough information to decide whether to make a wager.
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.
In addition, there are in-play markets that offer improved odds the longer the game goes on, depending on the state of play.
Technically speaking, ante-post betting involves events set to take place at least a day later.
However, the futures markets offered by Solana bookmaker platforms generally involve events a few months away.
Experts in this form of betting aim to get long odds on an outcome in the belief that the price will drop before the event.
Unfortunately, it doesn’t always work out that way, and you may find that the odds drift.
Moreover, before making an ante-post bet with any Solana betting site, analyze its terms and conditions.
There’s a possibility that your bet isn’t void should your selection pull out of the event.
For example, let’s say you back Rafael Nadal to win the French Open tournament.
Then, he withdraws from the tournament due to injury.
Depending on the Solana sportsbook, you might lose all of your Solana.
Ultimately, any time you risk SOL on an event well in advance of it beginning, you are placing an ante-post bet.
Here’s what you should consider when selecting the best Solana betting website for your needs.
When choosing your Solana sportsbook, there is another issue to consider.
In general, Solana transactions are quick, carry low fees, and have no central authority to answer to.
It is mainly a good thing, but one downside is that your Solana transaction is final.
With no central authority, you’re unlikely to get your money back if you get ripped off.
That’s why reputation and ethics go a long way with bookmakers accepting Solana.
This is why we place such an emphasis on the reputation of the SOL betting sites we review.
Check out our Solana betting website reviews if you’re unsure about the safe Solana sportsbooks you can trust.
Don’t make the mistake of registering and adding money before finding out that you’re not allowed to do so in your country.
Legit Solana betting sites will not allow you to register an account and deposit funds if you’re visiting the website from one of their restricted countries.
Unfortunately, this isn’t always the case. Some low-grade Solana sportsbooks enable you to register and put money into your account, and all seems well until you enjoy some success and try to withdraw the money.
At this point, your account is flagged for verification. For some shameless SOL bookmaker websites, the most likely result is that your account gets frozen and your funds confiscated.
This is why you must stick with SOL bookies that allow people from your country.
If you want to proceed with betting sites that prohibit your country, focus on Solana betting sites known for being honest.
Good Solana sports betting websites that act fairly and will likely return your funds if they catch you.
Sites like Stake.
There is a big difference between traditional sports betting websites accepting SOL and Solana betting sites (end-to-end).
Traditional sportsbooks that accept Solana will convert yours into fiat when you deposit.
You face the same issue when withdrawing, as your SOL becomes fiat once again. That is if you can even withdraw via SOL.
In the end, you have to pay fees for each transaction, and you’re stuck with fiat currency on the site rather than Solana.
This is terrible news if you think the price of Solana will rise. Instead, using end-to-end Solana bookmaker websites is a better idea.
These types of Solana sportsbooks let you deposit or withdraw with a massive number of digital assets.
But most importantly, they allow you to bet with Solana directly.
End-to-end SOL sportsbooks allow you to leverage the benefits of Solana, including:
Almost instant withdrawals
Fewer payment restrictions
However, don’t assume that you automatically get these benefits from every one of these Solana betting websites.
Just because these SOL sports betting sites CAN give you these benefits, it doesn’t mean they WILL.
We can tell you that the top Solana betting sites provide the majority of these benefits.
Without a high-quality customer service team to contact, you’ll become frustrated if you have any problems.
This point is even more valid for beginners on SOL sports betting sites.
When determining the best sportsbooks with Solana in 2022, we tested and rated each site’s customer service quality so you don’t have to.
Yet another critical aspect of SOL sports betting sites is how they handle withdrawals and deposits, not to mention means of payment variety.
Not all sportsbook companies provide the same ways of depositing and withdrawing your funds.
For most punters, having multiple ways to deposit money is an important consideration.
The Solana market doesn’t ‘pause,’ and top-ranked Solana betting websites know this.
You may need your Solana to trade them rapidly or participate in an event on another good bookmaker that accepts Solana.
While some betting sites with Solana process withdrawals immediately, others can take hours or even days.
In general, when it comes to withdrawal speed on SOL sportsbooks, faster is better.
You’ll find that standard sports betting sites often heavily limit the amount of money you can withdraw at once.
It isn’t easy to find one that lets you withdraw over $10,000 a month.
Such restrictions are a thing of the past when you use the top sportsbooks that accept Solana.
Yet, there are SOL sports betting sites that only allow you to withdraw small sums.
Why? Because they can’t afford to pay significant amounts of money in one go.
The best Solana betting sites are different. Stake, for instance, has no cap on withdrawals.
Therefore, it is wise to use safe Solana sportsbooks with no withdrawal limits, especially if you wager big.
We divide these benefits into three parts.
It is common for bookmakers that accept Solana to provide newcomers with bonuses to help them get started.
These offers often make it seem as if you’re getting a good deal.
Is there a catch? Yes.
Welcome bonuses often have certain conditions.
Many of them include betting requirements (generally 30x to 60x your deposit) and have very restrictive terms.
To get the best out of your funds, we recommend finding SOL sportsbooks with a solid VIP program and regular promotions.
In general, standard Solana betting websites provide poor-quality promotions.
As we mentioned earlier, their preference is to provide restrictive bonuses.
On the other hand, the best Solana betting sites like to keep things fresh for punters, and unique promotions are part of this strategy.
These promotions not only keep the game fun, but they will also add a lot to your balance at the end of the month.
Good Solana betting sites usually know the importance of VIP programs with excellent bonuses.
Otherwise, how do they keep punters interested?
Still, many of them don’t.
When done right, a VIP program can significantly boost the level of enjoyment.
This is why you should choose legit Solana betting sites with high-quality VIP programs that make you feel valued.
While learning the intricacies of sports markets is very useful, it is only part of the overall equation.
If you don’t also understand what betting odds mean, you have no chance of making a long-term profit.
It doesn’t matter how much research you perform into sports markets; success will elude you if you take the wrong odds.
Although the edge enjoyed by Solana sportsbook websites varies according to the market you bet on, you can expect it to range from at least 3% to over 30%.
Your ultimate goal is to discover ‘mistakes’ in the odds occasionally made by bookmakers.
The process of value betting involves finding your own edge on any given market.
For instance, let’s say you think Manchester United has a 30% chance of beating Arsenal.
Does that represent value odds if the SOL betting platform offers decimal odds of 2.50 for a United victory?
Absolutely not! According to the betting site, United has a 40% chance (100/2.50) of winning.
When researching any event, your goal is to discover enough information to ascertain how likely an outcome is.
Through this process, you can create what’s called a ‘betting tissue,’ which in effect turns you into a bookmaker!
A betting tissue is a means of pricing an event to create your own odds.
However, don’t even think about making one until you know more about the different types of sports betting odds.
Calculating betting odds is a learned skill, so we’re providing information on three of the best-known types.
If you live in the U.S. and register with any Solana sports betting site, it’s likely to offer American odds, which feature a number preceded by a plus or minus sign.
This sign indicates whether your profit will be more or less than the amount of Solana you bet.
The minus sign (-) denotes a short odds bet, meaning the overall profit is lower than what you risk.
If the odds include a plus sign (+), it is a bet 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 bets.
+110: If you bet $100 and win, you earn a $110 profit
+150: The potential total return from a $100 bet is $250
+300: If you take a risk at these odds with a $100 bet, you’ll be rewarded with a profit of $300 should you win
-110: This odds on this bet means a $100 stake would return $190.91 in total
-150: A $100 bet at this short price means a profit of $66.67 if you win
-300: This is a short-priced bet, so a win with a $100 stake equates to a profit of $33.33
If you live in Europe, you’re likely familiar with decimal odds which are the most basic form.
Multiply the amount of SOL you intend to wager by the decimal odds of your selection.
For instance, if you wish to bet $200 on England to beat Sweden at odds of 1.6, you multiply 200 x 1.6, which equals 320.
An English victory means you enjoy a $120 profit as 320 – 200 = 120.
By dividing the odds into 100, you can quickly determine the percentage likelihood of a selection winning.
In the England versus Sweden game, the betting site that accepts Solana believes that the former’s chance of victory is 62.5% because 100/1.6 = 62.5.
Generally speaking, fractional odds are popular in the United Kingdom and Ireland.
You’ll know this type of betting odds by the famous slash that appears between two numbers.
For example, betting on any sports market at 6/1 odds means that your return is $7 for every $1 risked.
Therefore, if you bet $10 worth of Solana at odds of 6/1, you would win $70 if successful, for a profit of $60.
The figure on the left-hand side is the profit you’ll earn if you bet the amount of money staked on the right-hand side.
Suppose you believe the Buffalo Bills can beat the Kansas City Chiefs at odds of 7/2; a winning wager means your profit is $7 for every $2 you risk.
Calculating your total return is as easy as adding how much SOL you staked to your profit.
If you dislike fractional odds or have a preferred odds format, most Solana betting sites allow you to change them.
There is a lot of information on whether it is a good or bad idea to use crypto on sports betting websites.
Locating decent sources explaining HOW to use it is another story.
We have spotted this gap and developed a quick guide on registering with a SOL sportsbook and getting the best out of your digital currency.
Before you read on, we would like to outline the following aspects of Solana sports betting:
The majority of sites only allow the use of a small fraction of the many digital coins available
Apart from a handful of stable coins, the market is extremely volatile, which adds an extra level of risk
You can’t reverse a cryptocurrency transaction, so a slight error could result in the loss of your entire balance
Our review team spent significant time investigating every bookmaker with Solana you see on our list.
We believe it is an essential step because it reduces your risk of being scammed.
After you’re happy with a specific Solana betting website, your next move is to register with it.
In general, it is a smooth process that takes little time.
It is often faster than registration with fiat currency accepting betting sites.
If you dislike slow registration, see what our reviews say about the process on Solana sportsbooks.
Also, make sure you use any promo code we include to benefit from a bonus.
It is common for Solana sportsbooks to provide initial deposit bonuses to new customers and individuals who use digital currency.
If your e-wallet is funded, it is time to deposit and benefit from a welcome bonus.
If your wallet requires Solana, head to an exchange and buy your chosen asset.
We recommend only purchasing a highly-regarded exchange such as Kraken or Binance.
This is especially the case if you’re a bettor since these companies don’t mind if you use Solana to bet.
In contrast, it is essential to avoid Coinbase at all costs, despite being among the top-rated exchanges.
If you try to deposit SOL in your bookmaker from Coinbase, the exchange could close your account.
In addition, please ensure you pick the currency you plan to bet with.
Or else the site will charge you a fee to convert the currency.
If you’re satisfied with the amount of Solana at your disposal, the next step is to transfer it to your account.
It is necessary to create a crypto ‘wallet,’ as this is where you keep your currency.
The best option depends on the level of safety you want, and your plans for using the crypto.
You have a choice of using a hosted wallet or a non-custodial option, which ensures you’re in charge of its safety.
Regardless of your decision, you can only complete the transfer via the ‘send crypto’ section.
With a non-custodial wallet, there is no third-party site to consider.
With no custodian, you are 100% responsible for the security and safety of your cryptocurrency.
You must remember your password (private key) and keep it safe.
Having the private key stolen is disastrous because, unless you memorize it, you can’t stop the thief from stealing your SOL.
Moreover, losing your password means you can’t get to the crypto in your wallet.
On the plus side, a non-custodial wallet gives you full control over what you do with your funds.
You can buy, sell, send, and receive crypto, making this type of wallet ideal for use on Solana sportsbook websites.
Utilize an app such as MetaMask for access to a non-custodial wallet.
After registration, securely record your security key.
Creating a hosted wallet is as easy as opening an account with an exchange you trust.
If you lose your hosted wallet password, it doesn’t result in lost crypto because the exchange stores it for you.
Unfortunately, there are restrictions on spending your crypto, which depend on the third party’s rules.
Some hosted wallets might ask for account verification, meaning you have to provide identification and lose anonymity.
You might also find that the site prohibits the transfer of digital assets to Solana betting sites.
Go to the site’s deposit page and choose the crypto you want to use.
There is a public address associated with your account.
It is a collection of random numbers and letters that only relates to your account.
After pasting the address to your clipboard, check it several times to guarantee accuracy.
A single mistake will prevent the transaction from occurring, and you could lose your money.
Return to the crypto exchange or your wallet, paste the address, and click ‘send.’
Now, you must wait patiently for the deposit to arrive as it could take anywhere from minutes to hours.
Our reviews reveal which Solana betting websites rank first and last for transaction times.
In general, you should wait approximately six hours for the deposit to go through before chatting with a site’s customer service agents.
With money in your account, begin wagering on the site to experience its benefits.
As a famous crypto, Solana uses smart contracts, Defi dApps, and NFTs.
It also works as an open-source project, implementing a brand-new blockchain.
Solana was invented in 2017 by Anatoly Yakovenko and Raj Gokal.
The key features of this token are speed and a proof of history (PoH) consensus mechanism.
If you are interested in Solana’s concept, be sure to check some pros and cons of using it on betting sites.
Solana is a crypto with fast transactions and is a main rival of Ethereum altcoins.
Solana is also getting the largest market share in the NFT world.
Solana stands out with the highest scalability, and efficient transactions, with an approximate cost per transfer of $0.01.
If you wager on SOL sportsbooks, you can take advantage of high transparency thanks to Solana blockchain’s open records.
At the moment, SOL has only a limited availability on betting sites.
It has a low decentralization level and decreased security.
Investors are not interested enough in SOL investing due to its instability.
Solana betting sites can claim to be legal in most cases, but your location dictates the answer.
You have to analyze the legal status of SOL and also betting sites in general within your nation.
Although Solana is legal or tolerated in most countries, regulators are generally more severe with sports betting sites.
Even if your country doesn’t allow it, you could still find good SOL bookies that let you bet.
Regulators find it hard these days because many punters use VPNs to keep their online activity a secret.
Your wallet creates SOL addresses which are the only information available that outlines where your SOL is and where you are sending it. The anonymous nature of SOL means it is very popular with punters.
Therefore, you can protect your privacy by using a new address for each new payment received. In addition, you can also use multiple wallets for different purposes.
It varies from a couple of minutes to an hour, depending on several factors, including the SOL network.
There are numerous Blockchains involved in the transaction confirmation process, and they occasionally become overwhelmed.
Faster transactions are possible if you pay more. Doing so ensures your transaction skips the Blockchain queue.
The withdrawal process goes through the same procedure as when you deposit. However, the majority of SOL bookmakers also have to authenticate the action manually.
The time it takes varies depending on the betting site that accepts Solana. Some sites go through a long validation process which takes days. Others don’t complete this step and ensure your withdrawal happens as quickly as a deposit.
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