Best Polkadot Betting Sites
Polkadot was released in 2017 and was launched on Coinbase in 2021. It is fast becoming one of the go to cryptocurrencies.
On this page, you’ll find details of the latest and best Polkadot betting sites available and where you can use the currency to bet with.
Best Polkadot (DOT) Betting Sites
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Looking for bookmakers and betting sites that allow you to cash out using the Polkadot blockchain? Some of the leading global bookies now offer the chance to deposit and bet using DOT and the table above provides you with the optons available.
Which betting sites accept Polkadot?
As a relatively new cryptocurrency, not all betting sites accept it as a payment method just yet. The good news is that the specialist crypto bookmakers do.
The options of sportsbooks and online casinos is expected to increase over the coming months and years. The comparison table on this page will continue to be updated as each betting site launches availability.
At present, the best Polkadot bookmaker is 1xbit, which offers the promo code NEWBONUS to use when joining.
How does Polkadot work for online betting?
Polkadot is a blockchain growing an ecosystem of cryptocurrencies similar to Ethereum (ETH), Cosmos (ATOM) and EOSIO (EOS).
Unlike other blockchains, Polkadot has a main network (the relay chain where transactions are permanent) and customizable user chains called parachains.
The cryptocurrency that runs on Polkadot is called DOT and you can bet using the DOT crypto currency tokens. Currently there are 1 billion DOT tokens in circulation.
How to use Polkadot for online betting
Polkadot betting is also quick and easy as the banking and deposit methods work much quicker than other ways of funding your account.
Making a deposit is straightforward and the steps below will help you get started betting with Polkadot.
- Log in to your betting account.
- Go to the deposit page and select Polkadot as your preferred payment method.
- Go to your Polkadot wallet and visit the ‘send/request’ page
- Enter the recipient’s address which is provided by the betting site and confirm a deposit amount.
- ‘Send Funds’ and they will be added to your betting account
If you are familiar with cryptocurrency payments, you will know that they are instantly processed.
Polkadot Free Bets
Almost all online bookmakers and betting sites offer new customer welcome offers with free bets available when you join.
That is no different if you choose to deposit with Polkadot. You can still claim the deposit match or first bet match, regardless of whether you use traditional or crypto currencies.
A rundown on the latest free bets and promotion codes you can use are available via the links to help you find suitable bookmakers.
How do I place a bet using Polkadot?
To bet with Polkadot you will need to join a betting site that accepts the crypto currency. This page helps you find suitable bookmakers. Then, simply deposit using Polkadot and start placing your bet.
The deposit process varies from bookmaker to bookmaker, but the steps provided above on this page give you a guide of what to expect.