Best Solana Sports Betting Sites

Reviewed by

Reviewer face
Reviewer face
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Kathleen M., Nicholas W., Tamara T., Viktor T.

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BetOnline
Sports Rating
8.70
Available in
Visit BetOnline
See other choices

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Intro

Welcome to our exclusive guide outlining the best Solana betting sites available in 2022.

The number of available betting platforms is proliferating, making it harder to find the best ones, but we feel that our guide will help you quickly narrow down the field.

Naturally, we realize that some readers are keen to discover the top 7 Solana sportsbooks for 2022.

Here is our top 7:

Best Sites

1.

BetOnline

Sports Rating 8.70
Available in
Available in United States
8.70
Bonus: 
50% Welcome Bonus up to $1,000
Description: 

BetOnline is an online casino with higher than average betting limits. It offers sports betting, poker, casino, esports, and lots of bonuses throughout the year.

General Information

Year founded: 
2004
Cryptocurrencies: 
Solana
Ethereum
Litecoin
Bitcoin Cash
XRP
Stellar
Cardano
Tether
USD Coin
Dogecoin
Bitcoin
APEcoin
Avalanche
Binance Coin
Chainlink
Polygon
SHIBA INU
Languages: 
English
Licence(s): 
Panama Gaming Commission

Anonymity

BetOnline does not offer anonymity. You must provide your country, postal code and phone number just to open an account. 

Reputation

BetOnline has a fair reputation depending on who you ask. They offer a wide variety of betting options but there are also many complaints against them.

Play on BetOnline
2.

Cloudbet

Sports Rating 9.25
Not Available in
Not Available in United States
9.25
Bonus: 
100% Welcome Bonus up to 5BTC
Description: 

Cloudbet is a sports-focused gambling site that also offers casino games. The site offers a wide selection of games and sports to bet on. 

General Information

Anonymity

Cloudbet offers anonymous play. The site is also very secure with SSL and two-factor authentication.

Reputation

Cloudbet has received some complaints about slow payouts and poor service. Most of the complaints they have received were quickly resolved. 

Pros and Cons

Not Available in United States
3.

BC.Game

Sports Rating 8.62
Not Available in
Not Available in United States
8.62
Bonus: 
Various promotions available; see site for details.
Description: 

BC.Game is an exceptionally designed casino with awesome promotions and 50 cryptocurrencies to deposit! From a chance to win 1 Bitcoin to a VIP system with exotic vacations, there’s always a promotion to play for!

General Information

Anonymity

You can remain anonymous to create an account and deposit crypto, but BC.Game may require KYC when you withdraw your funds.

Reputation

BC.Game has a stellar reputation, with few complaints received. With a license from Malta Gaming Authority and many ways to contact the company, your crypto will be safe with them.

Pros and Cons

Not Available in United States
4.

Chipstars

Sports Rating 8.40
Not Available in
Not Available in United States
8.40
Bonus: 
Up to 250 Free Spins on the 1st Deposit
Description: 

Chipstars is a relatively new casino and sportsbook brand founded in 2020. It features excellent gaming products and accepts crypto transactions.

General Information

Anonymity

Chipstars casino doesn’t allow anonymous gambling, and players must input their details during the registration process.

Reputation

Chipstars casino has an excellent reputation enhanced by its license, level of security, and positive user reviews.

Pros and Cons

Not Available in United States
5.

TrustDice

Sports Rating 7.95
Not Available in
Not Available in United States
7.95
Bonus: 
100% up to 1 BTC / 50ETH / 10,000USDT + 25 Bonus Spins
Description: 

TrustDice is a top-notch casino and sportsbook offering thousands of games, easy registration, and exciting bonuses.

General Information

Anonymity

TrustDice allows you to be anonymous. You only need an email address to register and you can play anonymously if you’re using crypto.

Reputation

TrustDice has a very good reputation. To ensure this, they address all complaints as quickly and fairly as possible.

Pros and Cons

Not Available in United States

Why Is Using SOL on Sports Betting Sites Your #1 Option?

If you’re reading this, you’re probably interested in using Solana betting sites but still want a few questions answered.

Despite plenty of media mentions, the cryptocurrency market remains a mysterious entity to many people.

We’re here to tell you that once you use Solana on sportsbook companies, you’re unlikely to want to return to traditional sites.

Why? Keep reading to find out!

Each year, the value of fiat dwindles

Fiat money is legal tender backed by the government that issues it.

It has no intrinsic value, and its worth is determined by economic supply and demand and interest rates, among other things.

Apart from the American Dollar, the Yen, Euro, and Swiss franc are internationally recognized fiat currencies.

Hyperinflation, a term that describes rapid, out-of-control price rises in an economy, is one of the biggest downsides of fiat.

Recently, the Federal Reserve Bank of St. Louis analyzed inflation and found something disturbing.

In 1983, the bank placed the U.S. Dollar’s value at 100; fast forward to 2021, and this number had plummeted to 37.

In real terms, this means that a dollar from 1983 would purchase just 37 cents of goods and services in 2021.

Even worse, wages haven’t risen anywhere near as quickly in the intervening period.

Indeed, since 1979, the average annual increase in wages is just 0.9%, far below inflation.

As a consequence, persisting with fiat currency makes you poorer.

Why do we keep using fiat?

Governments like fiat money because it maintains their iron grip on the economy.

Banks also love fiat because they have immense power over its usage too.

It is time for us to move away from fiat, and Solana is the future of money.

Cryptocurrency supporters will tell you that digital coins help protect your money from inflation, thus ensuring your purchasing power isn’t negatively affected.

Anonymity

Depositing money on sports betting sites is often a real pain.

For one thing, depositing via bank transfer or debit/credit card is usually a no-no.

Why? Because banks don’t like ‘gamblers’ and make life extremely hard for anyone who uses a sportsbook.

If a betting site transaction appears on your bank statement, you’ll encounter real problems if you ever look for a loan.

We know of many punters who were refused a mortgage simply for using such sites.

It only takes occasional use of such sites for the above to happen.

Things are very different with SOL because the bank will never know.

There is no third-party involved in cryptocurrency, so there is no easily accessible record of your transactions.

Essentially, you get to deposit Solana on betting websites incognito.

This process gives you control of your money with no evidence of what you use it for, which is one of the main reasons why crypto exists.

Crypto is capable of rapid price rises

Instability is a concern with SOL, as seen by the major increases and decreases in value throughout its history.

However, it seems apparent that crypto has immense growth potential in the long term.

The entire crypto market has hit the trillion-dollar mark on numerous occasions, but this is only the tip of the iceberg.

According to Forbes magazine, the world’s wealth was $431 trillion in 2021, giving SOL plenty of room to grow.

In contrast, the real-world value of fiat currency continues to fall, and the only way is down.

By using SOL on betting sites, you could see an increase in the value of your account, regardless of how often you use it.

Steer clear of geo-restrictions

In certain countries, it is illegal to place any kind of bet.

It is extremely difficult to use a conventional bookmaker company should you live in one of these locations.

This is primarily because fiat makes it easy for the authorities to uncover your illegal actions.

However, if you pay for a reputable Virtual Private Network (VPN), you can register on SOL betting sites and avoid being caught.

A VPN creates a protected network connection, thus disguising your online identity.

When you use SOL on sportsbooks, you also enjoy a significant degree of anonymity.

This is a combination that enables you to bet regardless of your country’s laws.

In some cases, end-to-end Solana sports betting sites even accept users from nations where betting with fiat or digital currency is prohibited.

Disclaimer

The content we’ve written above is for informative purposes only.

We will never be proponents of illegal activity, and advise you to avoid breaking the law.

If you get caught, the punishment could be severe.

For instance, in Cambodia, illegal gambling could result in a prison sentence.

Also, Solana betting sites that accept users from countries where betting is illegal are seldom trustworthy.

If they find out where you live, take your funds and close your account, you’ll have to accept it.

Ultimately, if you attempt to bypass gambling restrictions, you do so at your own risk, and we accept NO liability.

Please don’t say we didn’t warn you!

Financial freedom

Not only does Solana act as a hedge against inflation, but it also keeps control of your money firmly in your hands.

Without the interference of financial institutions, things open up.

Crypto is hitting the mainstream

When the cryptocurrency market was developing, most people knew about Bitcoin and nothing else.

These days, there are thousands of digital assets, many of them becoming relatively well-known to the general public.

Although crypto is extremely useful in the online betting sphere, its mainstream appeal means it has many other uses.

A growing number of countries are embracing crypto and permitting its use, even though it still isn’t classified as legal tender.

Yet, September 2021 saw a historic event; El Salvador became the first country to allow Bitcoin as legal tender.

This is likely only the beginning, with rumors suggesting Panama, Paraguay, Brazil, and others may eventually do the same.

Crypto enhances your financial freedom

Once you purchase Solana, it is easy to register with sports betting sites, where you can deposit and withdraw with few difficulties.

Sadly, this isn’t always the case with fiat and sportsbooks.

In the UK, for example, a new regulation in April 2020 caused havoc for many people who didn’t know about it.

Certain individuals made initial deposits on sports betting sites with credit cards, but to their horror, they discovered that the bank froze their accounts.

To make matters worse, financial institutions took a long time to unfreeze certain customer accounts.

In the end, customers were told that there would be consequences if they looked to make additional deposits.

Assuming the Solana betting site you use has a good reputation, using Solana ensures your steer clear of the stressful situation outlined above.

Get paid quickly

With conventional betting websites, payout speeds remain incredibly slow.

This is because these sites interact with the banking system and deal with a huge amount of red tape.

It is a far different story with Solana bookmakers because significantly fewer regulations bind them.

There is regulation with the Curaçao Gaming Authority among the most reputable entities.

Nonetheless, red tape is kept to a minimum, meaning lightning-quick transactions.

Those who champion Solana point out that digital currencies are known for allowing super-quick payouts.

Modernized

Some fiat-accepting sites also allow you to use Solana.

Unfortunately, this does nothing to improve the general transaction speed, nor does it impact deposit/withdrawal limits that much.

You often deal with old-fashioned design, poor value bonuses, and dreadful customer service.

If you’re looking for a modern-day experience, Solana sports betting sites are a long way clear of their conventional counterparts.

These sites tick all the boxes with bonuses worth your while, a customer support team that cares, and an aesthetically pleasing design.

High deposit and withdrawal limits

The transaction limits imposed by traditional sports betting sites are an issue if you’re a high roller.

While you’re encouraged to deposit a fair sum of money, it’s a different story when the time comes to collect your winnings.

Why? That’s simple. It’s common for sportsbooks to limit withdrawals.

They may even ask you for additional information to make things as hard as possible.

Also, practically every traditional sportsbook will either suspend your account or restrict how much you can wager if you happen to win too often.

By this point, betting on such sites isn’t worth your while since you can’t risk more than a handful of dollars at most.

With less red tape, Solana betting sites are free to permit substantial withdrawal sums and quite often do.

Indeed, our team uncovered numerous sites with NO transaction limits!

Furthermore, if you tend to win while betting, you might find that it takes longer to suffer restrictions and account suspensions.

Selecting the Right Solana Betting Site For Your Needs

Your criteria for picking the best Solana sports betting site may not be the same as the next person’s.

We recognize that every user is different, so we analyze multiple aspects of the Solana betting sites we review.

Here are some of the most pertinent.

Available sporting events

The top-ranked SOL sports betting sites on our list can match or even exceed the range of sports and markets that standard betting websites let you bet on.

There is something for everyone from football to virtual sports and everything in between.

Furthermore, you have the opportunity to bet Solana on an extraordinary number of markets.

Getting the best odds is essential if you’re looking to earn a long-term profit from betting.

Achieving this involves registering with several SOL sports betting sites and comparing their prices on different events.

Over time, you might find that a specific site offers better prices than the rest or that one provides poor value.

Overall, finding out if a site can meet all your needs requires additional work, including a thorough analysis of its sport and market variety.

Is it an end-to-end crypto Sportsbook?

Don’t assume that you’re on an end-to-end crypto bookmaker company just because it accepts Solana.

As you’ll see below, making the right decision can move your balance in the right direction.

Standard Betting Platforms

You might be delighted to find a standard sportsbook company that accepts Solana, but there’s a sizeable catch.

Solana might go into your account, but it certainly doesn’t stay there.

The site instantly converts it into fiat and turns it back into crypto when you withdraw.

In other words, your account never actually contains Solana.

If that isn’t enough to put you off the process, you also pay deposit and withdrawal fees.

If you think that Solana has growth potential, it is a no-brainer to use end-to-end Solana betting sites instead.

Why choose end-to-end Betting Sites That Accept Solana?

As you can probably guess, end-to-end Solana sports betting sites allow you to perform all transactions in digital coin form.

As a result, your balance is shown in cryptocurrency, so you could profit if its price rises but lose money if the price falls.

Certain Solana sportsbooks even accept a handful of digital currencies.

Look for the following features if you plan to use end-to-end crypto sites:

  • Anonymous play

  • Quick deposits and withdrawals

  • A relative absence of transaction limits

  • Unfortunately, some Solana betting sites fail to provide the above, so we invite you to go through our reviews to find the ones that do.

What kind of bonuses are on offer?

Regular users of sportsbooks know that there is an array of different bonuses on offer.

To properly analyze bonuses, we have created three separate subsections.

Welcome bonus

It is standard practice for Solana sports betting websites to provide a welcome bonus for new players.

It is too easy to get lured into thinking you’re getting the better end of the deal.

One of the best examples is when the site matches your first deposit, effectively doubling your money.

Suppose you deposit $200, the Solana betting site ‘rewards’ you with another $200.

Alas, it is too good to be true because of the major restrictions included.

Many SOL sports betting sites won’t let you withdraw anything until you wager with 30+ times your first deposit.

So, if you deposit $200, your money is trapped in the account until you bet with the equivalent of $6,000.

As a result, your hard-earned $200 is as good as gone, barring a major stroke of good fortune.

This is why it makes sense to focus on a site’s VIP package or the quality of its promotions.

How good are a site’s promotions?

Rather than emphasize the volume of promotions, it is more helpful to focus on the standard.

Sites that provide a constant stream of promotions are often guilty of diluting the quality.

In fact, conventional sports betting sites usually have little interest in spending time and effort on worthwhile promotions.

Instead, they offer bonuses with many stipulations that are almost impossible to benefit from genuinely.

These days, SOL sports betting sites blow their old-fashioned counterparts out of the water when it comes to promotions.

The result of better rewards is a vastly improved user experience.

VIP benefits

Big players at casinos expect preferential treatment in the form of upgraded accommodation, sports tickets, and free meals.

Obviously, betting websites with SOL cannot do this, but most of them try to make big spenders feel special via a VIP program.

The standard of these rewards programs helps to separate the best sites from the rest.

Many sites use points reward systems where players earn a point for every dollar they spend on a site.

Once you reach 1,000 points, you receive $10 cash back with no other strings attached.

Such packages aim to entice big spenders to return to the sportsbook regularly.

Other examples of VIP programs include giving players a special customer service agent and bonuses on special occasions such as birthdays.

Unfortunately, certain SOL sportsbooks fail to offer the value provided by a high-quality VIP program.

Ultimately, if VIP rewards are important to you, it is best to check out our SOL betting site reviews to discover the top-ranked sites in this regard.

What payment methods are available?

Sports betting sites with Solana unable to provide flexibility regarding payment methods will cause frustration, irrespective of its features.

Our reviewers investigate the number of digital coins you can use, along with information on withdrawal limits, not to mention how quickly you’ll get your money.

Withdrawal speed

One of Solana ‘s main benefits is its lightning-fast transaction speed.

Some cryptocurrencies can process thousands of transactions every second, though not all have this capability.

Users of SOL betting sites expect fast access to their money, and the best sites comply with virtually immediate withdrawals.

We check out the sites that offer the fastest withdrawal speed and outline any potential problems you’ll face.

What are the withdrawal limits?

Conventional bookmakers are notorious for implementing irritatingly low withdrawal limits.

In general, you’re lucky to get a maximum of $10,000 in a week, but some have even lower limits.

This is infuriating if you land a big win, only to discover it takes weeks or even months to withdraw it all.

Luckily, most reputable Solana sportsbooks have no issue allowing you to take out potentially huge sums.

Indeed, we know of a few sites that don’t bother implementing a maximum limit!

Therefore, you can rest easy in the knowledge that your next huge win will be transferred in seconds!

Crypto variety

There are thousands of cryptos to choose from, with developers creating new ones at an astounding rate.

Sadly, the majority of these digital assets will fail.

Therefore, it is understandable for Solana sportsbooks to remain selective regarding the coins they allow.

Even so, you should be able to use Ethereum, Bitcoin, and other well-known cryptocurrencies.

Does your country allow Betting with money?

There are plenty of countries worldwide that prohibit gambling.

Yet, individuals living in one of these locations register with sportsbooks accepting SOL and bet despite the ban.

Worthwhile SOL sports betting sites do their best to accommodate those who wager in places where it’s legal to do so.

Those who look to create an account from an illegal country cannot do so.

Alas, low-grade Solana betting sites seize upon this mistake and gratefully accept users from every country.

They do this because they can claim ignorance of the user’s location at first.

Upon your initial deposit, such companies seek account verification and keep your cash after shutting your account down.

Some eager gamblers hide their location with a VPN to bypass geographical restrictions.

If a legitimate Solana bookmaker discovers you’re from a country on its prohibited list, it will shut down your account but return your money.

Your biggest concern is ensuring that the authorities don’t know about your illegal actions!

Solana Betting Site Reputation

Once you make Solana transactions, there is no way to reverse them, a fact that’s a blessing and occasionally a curse.

All it takes is one minor error when sending crypto for you to lose it forever.

Register with a shady Solana betting site, and you can similarly wave ‘adios’ to your digital coins.

Remember, Solana is decentralized, so there is no higher authority to which you can complain

As a result, you must find as much relevant information on Solana betting sites as possible before using them.

While we encourage you to conduct research, we also invite you to read our reviews.

We don’t just play on Solana betting websites to give you our first-hand experience, we also ask real users for their opinion.

This thorough process ensures you get the full picture of a site’s reputation.

Customer support

One of the essential facets of any site is its level of customer support.

Sports betting sites with Solana with poor or non-existent support hang players out to dry if there’s a problem.

No matter the issue, if there’s an experienced and helpful agent around, you’ll feel less frustrated.

Each review highlights whether a site is dedicated to great customer service or has little interest in helping players.

We speak to different agents on the site, analyzing their level of skill, helpfulness, and general demeanor.

Variety of Betting Options Offered by the Solana Betting Site

These days, SOL betting site competition is fierce, so they have no option but to excel in terms of the sports and markets on display.

Our team investigates the different sports markets available on each site it reviews to help you decide if they are suitable for your betting style.

What Sporting Events & Markets Does The Betting Site Accepting Solana Offer?

Those who enjoy sports betting will love the remarkable choice provided by sports betting sites that accept Solana.

Apart from checking out the sports and betting lines, our Solana sportsbook reviews ensure that the site’s odds are worthwhile.

Betting experts know that they can forget about making a profit without the right pricing in a sports market.

Keep reading for information on five sports favored by crypto site users and information on the top markets.

The best eSports markets

There is no question that electronic sports have captured the public’s imagination.

With a massive audience, eSports are lucrative to the point that elite players can earn a small fortune.

There are dozens of organized leagues featuring the world’s best video game players in eSports.

Popular games include Rainbow Six, Call of Duty, and FIFA.

In eSports, there are tons of markets to choose from, including:

  • Game winner

  • Outright winner

  • Handicap

  • First blood

  • Team maps

betting on esports without conducting detailed research will likely prove a costly mistake.

This is why we have included a quick overview of five great games available on bookmakers accepting Solana.

Rainbow Six: Siege

Released by Ubisoft in 2015, few games have captured the attention of the esports community more than Rainbow Six: Siege.

It is a First-Person Shooter (FPS) where teams of five defend or attack.

Players can choose from one of 50+ operators.

As with DOTA 2 and League of Legends, much thought must go into picking an operator for strategic reasons.

Rainbow Six: Siege differs from other popular FPS games insofar as you have the option to damage terrain.

When used correctly, this unique game aspect enables you to create innovative ways to defeat opponents.

Call of Duty

Sometimes called CoD, Call of Duty is regarded as a legendary First-Person Shooter (FPS) game.

When played competitively, Call of Duty involves two teams competing against one another across several game modes, such as:

  • Hardpoint: Teams score points for every second they control the ‘hardpoint’ area of the map.

  • Domination: In this CoD game, each team tries to control three static objectives denoted by flags with points earned for how long you keep the flags under your control

  • Search and Destroy: Each player has only one life, and the attacking team must plant and detonate bombs at one of two bomb sites; the defending team must stop them

The world’s best Call of Duty players compete in a league dedicated to the game.

DOTA 2

DOTA 2 allows players to select from over 100 characters and is regarded as one of the world’s best multiplayer online battle arena (MOBA) games.

Like many esports games, DOTA 2 consists of two teams of five players apiece.

Winning at this game involves destroying the opposition’s “Ancient,” a massive structure located in the heart of their territory.

Few esports games are as widely played and watched as DOTA 2.

Each year, 30 teams qualify for The International, the world’s biggest DOTA 2 tournament.

League of Legends

Riot Games is responsible for creating the League of Legends (LOL) MOBA, which it released in 2009.

Competitive LOL features two teams of five who try to destroy each other’s base, called the “Nexus.”

There are over 130 playable characters, each of which has unique attributes.

Throughout the game, players must finish challenges to boost their character’s power and give their team an edge.

At 70 pounds in weight, the Summoner’s Cup awarded to the League of Legends World Championship winner is a mighty trophy!

FIFA

The World Cyber Games began in 2001, and FIFA Football was an official game at the very beginning.

Given the sport’s popularity, it’s no surprise that players from dozens of countries worldwide compete in regional tournaments.

The winners of these events qualify for Regional Playoffs as part of the FIFA Global Series.

However, as FIFA games are one vs. one, some of the skill is taken out of the equation since AI controls 10 members of a team.

However, FIFA retains a massive fanbase, so there’s little doubt that it will continue to be a major esports game.

A quick guide to Wagering on virtual sports

Virtual sports involve using a random number generator (RNG) to decide the outcome.

Those who bet on virtual sports should understand that everyone sees the same outcome.

The random nature of the algorithm means that the sports betting site with SOL can’t interfere with the result.

Virtual sports markets should seem familiar as they are based on what you’ll find in real sports.

Since the ‘competitors’ never feel exhausted, Solana bookies have the option to offer events every few minutes.

Consequently, the number of wagering options daily ranges from hundreds to thousands.

What virtual sports are available to Wager on?

SOL sports betting sites know how popular these events are and are continually expanding the available sports.

These include soccer, basketball, and horse racing.

After placing your bets, relax and watch the event; remember that nothing can influence the outcome.

With no previous form to fall back on, it is purely guesswork, which is part of its appeal for some people!

There are American football games every three minutes, and there is usually a five-minute duration between darts matches.

As long as you bet within your limits, you might find that watching virtual sports is a fun way to spend some time.

What are the most common virtual sports markets?

betting on virtual sports markets is easy if you have experience in gambling on real sports.

Although the markets are simpler, there are plenty of options to keep you satisfied.

Cricket might let you select the number of sixes in a match or run total, while you can bet on the following markets in soccer:

  • Fulltime result (Home, Draw, Away)

  • Correct Score

  • Double Chance

  • First Goalscorer

  • Handicap Markets

Once you get used to betting on Solana bookies, you might find that it offers a nice contrast to real events on occasion.

Keep reading to learn more about virtual sports’ advantages and disadvantages.

The benefits of virtual sports

  • With several hundred daily events and associated markets, you’re spoiled for choice

  • There is no chance that reputable SOL sports betting sites will fix the result

  • You can wager freely, safe in the knowledge that factors such as weather, form, and injuries have no bearing on the event

  • In certain sports, there are events every 60 seconds

  • No individual has an advantage because there’s no skill required to win

Virtual sports disadvantages

  • Value bettors can’t get the advantage they seek due to the presence of RNGs

  • The SOL betting site always holds an edge, usually of several percent

  • The combination of no skill and regular events means it is easy to lose large sums of money

  • Despite this niche’s growth, SOL betting sites still don’t offer the same number of markets as they do in real sports

  • There is no contest between virtual and real sports in terms of excitement

Advantages and Disadvantages of Utilizing Solana on Betting Sites

Making payments with Solana on sportsbooks could be difficult if you’re a beginner.

As soon as you’re ready to use Solana for betting, you should learn more about the method.

Overview of Solana

Solana is a public blockchain and an open-source project introduced in 2017 by Raj Gokal and Anatol Yakovenko.

It supports smart contracts, non-fungible tokens, and Defi Apps.

Solana is run by a Geneva-based company, Solana Foundation.

Its native token is SOL which has a market capitalization of over $66 billion.

Solana also uses a Proof of History technology and works as a proof of stake blockchain.

Positive things about using SOL

Get acquainted with Solana pros before using it for betting.

Solana's transactions are almost instant

As the fast crypto option for betting, Solana accepts up to 50,000 transactions per second.

Consequently, Solana is a better option for wagering than its competitor Ethereum.

Solana’s transactions are subject to low fees

Solana’s wagering fees are affordable or less than 1c per transfer.

This is because SOL uses proof of stake, a cheaper consensus than proof of work.

Solana yields regular rewards

If you use SOL on betting sites and make money, you can stake winnings and get awards.

You can do this by having a steady crypto wallet with staking option.

The cons of using Solana

Familiarize yourself with Solana betting cons.

Solana is centralized cryptocurrency

SOL is not decentralized enough when compared to its rival Ethereum.

It only has 1000 validators, and the security is lower than on alternative crypto betting sites.

Consequently, you may not be interested in holding your earnings from Solana sports betting sites.

Solana is unsteady

Solana is not as stable as the Ethereum network, so people may be concerned about investing their betting winnings.

Following the stability problems in 2021, Solana could face the same scenario in the future.

SOL has only a limited number of projects

If you want to use Solana on sportsbook platforms, be aware that this crypto has only 350 active projects.

This is much lower compared to its rival, Ethereum, which has close to 3000 active projects.

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Written by

Julia S

Julia is a blockchain enthusiast and a content writer with a zest for technologies. Her final goal is to help readers find what they need, understand what they find, and use what they understand appropriately.

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