How to Get Started With Solana Sports Betting? Top SOL Sportsbooks Included

Are you a crypto sports betting enthusiast looking to spice up your game? Look no further; the answer is here – Solana sports betting!

With so many crypto betting sites popping up all over the web, it can take time to decide which ones are worth your time.

But lucky you! Because we’ve compiled a list of the best Solana sports betting sites for you to take advantage of. Plus, you’ll learn tips on getting the most out of the Solana sports betting experience.

Ready? Let’s start.

Let’s start with a brief overview of how Solana began and what exactly it is.

Solana, introduced to the public in 2017 and officially launched in 2020, is a blockchain platform designed to host high-capacity and highly-functional decentralized applications (DApps).

Since its establishment, it has found its way into the public’s heart and currently ranks as the 11th most popular altcoin, with a live market cap of over 8 billion USD!

Solana market cap — Source: CoinMarketCap

Another thing to know about Solana is that it blends two algorithms – Proof-of-History (PoH) and Proof-of-Stake (PoS) consensus which enable more powerful computing, improve scalability, and even potentially help to solve the blockchain trilemma!

But what makes Solana unique? And why should you use it as your preferred crypto when sports betting?

Well, Solana is considered the fastest crypto on the market, with a transaction speed of up to 50,000 transactions per second (TPS). This means your deposits, withdrawals, and other similar processes are literally instantaneous.

But that’s not all. Solana’s network fee is also dirt-cheap at 0.00025 USD on average per transaction, making it a budget-friendly option for sports bettors.

Solana is a great alternative to Ethereum sports betting as they have similar technologies, but Solana is much more low-cost and faster.

Before we get down to the nitty-gritty of the best Solana sports betting sites, let’s have a look at the process of how we provide you with our unbiased reviews:

We create an anonymous account with Solana betting sites.
We deposit, bet, and withdraw. After we have signed up with a Solana sportsbook, we deposit some cash for SOL tokens and place bets on our favorite teams and sports. We test out different betting markets and odds to better understand how the wagering feels like. If we are lucky enough to win, we try the withdrawal process.
We read the legal stuff. Yep. We read the TOC and Privacy Policy to ensure that we won’t miss any critical information and will give you up-to-date data.
We check possible geo-restrictions. Crypto gambling regulations might differ depending on your location. So, we test out the sites using a VPN and see the sportsbook experience in different countries.
We talk to customer support. Customer service is the meat and potatoes of every business. So we check what support options the sportsbook offers and test whether they are responsive and professional.

And there you have it – our reviewing process.

But now, are you ready for our favorite Solana sportsbooks? If so, then read on.

Here’s a full list of our tested and reviewed SOL bookies:

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And now let’s check the top two in more detail:

BC.Game is hands down, our favorite Solana sportsbook.

Founded in 2017, this Curacao-licensed site gives you a bonus boost right out of the gates with a deposit bonus of up to 1 BCD (their in-house currency with a 1:1 USDT exchange rate), which you can apply to their diverse selection (30+) of sports games.

BC.Game is our top Solana sports betting site.

But that’s not all! BC.Game also introduces various promotions, such as free bets and shitcodes, giving you extra freedom to place wagers without having your wallet dry up.

Pros:

80+ cryptocurrencies

Variety of sports betting markets

In-play betting

NFT availability

Competitive odds

In-house crypto exchange (BC SWAP)

Cons:

No bet builder

No fiat payments

Cloudbet is a crypto casino and sportsbook that’s been around since 2013 –so they know a thing or two about the game! But they don’t just rely on longevity – there are some serious features to love here.

Like 30+ sports games to choose from? Check. How about an up to 5 BTC welcome bonus? Yup! And let’s not forget the lavish VIP program where you can win luxurious prizes.

Cloudbet Solana sports betting site — Cloudbet offers various eSports and sports games for Solana betting.

Cloudbet also prides itself on its Solana eSports betting selection, so if you’re into CS:GO eSports betting or any other type of eSports gaming, Cloudbet is a must-visit site.

Pros:

Competitive odds

Various betting markets

Online gambling license from Curacao

20+ cryptos

On-site crypto exchange

Live betting

Cons:

Welcome bonus only applicable for casino games

Inconsistent live support

Trying to pick the best Solana sports betting site can feel like gambling itself. When choosing between sportsbooks, a few things to keep in mind include fees, ease of use, variety of betting markets, reputation, and customer service.

Sure, some sites might have a prettier design or more bells and whistles than others, but your primary goal should be picking secure sportsbooks that won’t take you for a ride.

So, without further ado, here are some essential factors you should consider when choosing a Solana sports betting site.

Bonuses and Promotions

When it comes to Solana sports betting, bonuses are like hidden gems: always great to stumble across and will sweeten the experience.

They can come in different forms, depending on the Solana sportsbook you choose. But regardless, they all contain a healthy amount of extra value for anyone looking to get some extra bang for their buck.

For example, BC.Game comes with a generous deposit bonus of up to 1 BCD.

BC.Game's 1st deposit bonus — BC.Game offers an up to 360% welcome bonus.

What is BCD? It’s their in-house cryptocurrency equivalent to 1 USDT.

The good news is that you can exchange them for other coins, including SOL tokens, directly on BC.Game’s platform.

Plus, pay attention to VIP and loyalty programs, as they can reward you generously for your continuous membership.

cloudbet marketplace awards — Cloudbet’s Marketplace Awards

Seriously? Who doesn’t like access to VIP events, lavish prizes, better rollover requirements, and priority support when an issue arises?

Customer Support

Customer service is one of the essential factors you should consider when choosing a Solana bookmaker.

Most reputable crypto sportsbooks nowadays provide 24/7 live chat or email support.

If this is something the betting site doesn’t have, make sure they would at least have a knowledge base or community forum. In this case, you’d still be able to find fixes if any issues arise.

Deposits and Withdrawals

Checking a sportsbook’s deposit and withdrawal fees before signing up can be a real time saver.

After all, what’s more annoying than signing up for a new bookie only to find out that your winnings are being eaten away by hefty withdrawal fees? Or that you have to go through several requirements even to be eligible for cash out?

Keeping all that in mind, make sure you know the deposit limits, withdrawal, and transaction fees before you start wagering.

Casinos Blockchain

Always double-check the deposit and withdrawal fees of any sportsbook you intend on using before jumping into the action.

KYC and AML Policies

Anonymity is one of the greatest perks that come with crypto sports betting.

Compared to traditional bookies, most crypto sportsbooks don’t ask for personal information during registration, meaning your digital existence is much more private.

But, since most reputable bookmakers are under the Know Your Customer (KYC) and Anti-Money Laundering (AML) Policy, you might be asked to verify your identity at one point.

In most cases, you’re asked to go through a verification process if you want to withdraw huge amounts of coins or if your account is associated with some sketchy activity. In other instances, it’s doubtful that you need to prove your identity.

Casinos Blockchain

Make sure that you are okay with the KYC and AML policies and be sure to read the small print.

Note: we usually don’t recommend unlicensed crypto sportsbooks, but Crashino is an exception. Even though they don’t have a valid gambling license, they still provide provably fair games and are completely secure thanks to blockchain technology and SSL encryption. Plus, the KYC policy is not required as they’re unlicensed.

Want to know more about this Solana betting site? Read our in-depth Crashino review.

Betting Markets and Sports Selection

When it comes to finding a good Solana sportsbook, one of the most important things you should consider is the betting markets and sports selection.

A wide variety of options means there will always be something to suit your needs, no matter what type of sports you’re interested in.

That said, narrow down your betting sites by looking at what sports they offer before settling on one.

Take note of what types of sports bets they cover and whether any particular sports or leagues tend to get more attention.

For example, if you’re an eSports fan, you should opt for a bookie that offers a variety of eSports games (together with major betting lines).

For instance, Bitsler excels in offering several eSports betting markets and categories.

Odds

The best Solana sportsbooks offer great value by providing consistently competitive odds that give bettors an advantage.

How to know if a sportsbook has competitive odds?

The best way to find out is to compare several betting sites and check the difference between odds for the exact sports match, for example.

Of course, finding variations between odds is completely normal. Plus, it’s actually an excellent opportunity to take advantage of odd fluctuations to get the best bang for your buck.

But, if a sportsbook doesn’t offer nearly as good odds as its competitors, this should be a red flag and a sign that it’s time to look elsewhere.

Pro tip: sign up with several Solana bookmakers to get the best values and betting lines.

Some of our top SOL sportsbooks offering great odds include:

Now that you’ve learned some of the best Solana sportsbooks on the market and how to select the best one for your needs, you’re probably eager to put your knowledge into practice.

Well, we have good news for you. If you follow these easy five steps, you’ll be placing bets in SOL on your favorite sports in no time!

Set up your wallet. Your first step would be to choose and set up a crypto wallet. Since there are quite a few crypto wallets available, be sure to select one that is Solana-compatible and reputable. Our recommendation? Go with Phantom, Exodus, or Solflare.
Buy some SOL tokens. The next step would be to exchange some cash for SOL tokens. You can do it on several crypto exchange sites, like Binance, Coinbase, and Kraken.
Transfer the tokens to your wallet. Once you have some coins, transfer them to the crypto wallet you set up in the first step. This is an easy process; all you need to do is to copy the address of your crypto wallet and paste it into the “Send” field of the exchange.
Sign up with a Solana sports betting site. Next, choose a crypto sportsbook offering Solana betting and register an account.
Pro tip: sign up with several crypto sports betting sites to get the most out of betting markets and odds.
Deposit and start betting. And now, the fun part! Once you find the perfect sportsbook(s), the next step would be to deposit some SOL tokens and start betting on your favorite sports!

Best of luck, and may the odds be ever in your favor!

While Solana sports betting can offer exciting entertainment and the potential to win big, weighing the pros and cons when considering if this is the right activity for you is essential.

So, let’s look closely at the benefits and disadvantages of betting with Solana.

The Pros of Solana Sports Betting

Super-Fast Transaction Speed

Solana’s fast transaction speed is an unrivaled advantage for those who want to make crypto transactions securely and quickly.

With its Proof-of-History protocol, Solana can achieve lightning-fast transactions without compromising security.

What does it mean for you?

You can send, receive, and trade coins instantly, as Solana speeds exceed 50,000 transactions per second (TPS)!

Average transaction speed of cryptocurrencies — Source: Statista

It’s a huge difference, especially compared to cryptos like Bitcoin, Ethereum, and Dogecoin, which take an average of 14-40 minutes to process a single transaction.

Low Fees

Solana is cheap! And we mean it in the best way possible. With an average cost of 0.00025 USD per transaction, you know that these fees won’t dent your wallet.

Why is Solana’s gas fee so low?

Well, it depends on two key factors – the time taken to make new blocks on the blockchain and how many transactions a single block can handle.

And compared to many other cryptos, such as Ethereum, Solana has better block time (0.4 seconds) and size (20,0000 transactions). So, the higher the block size and time, the cheaper the gas fee.

For instance, in comparison, Ethereum has a block size of 70 transactions and a block time of 13 seconds, making the average gas fee around 3-10 USD.

Environmental-Friendly

Solana proves itself to be one of the greenest options in blockchain technology.

It uses Proof-of-Stake (PoS) and Proof-of-Histroy (PoH) consensus mechanisms which are much more energy efficient.

In fact, PoH and PoS mining consumes up to 90% less energy than the more widely used Proof-of-Work (PoW) mining methods.

Solana’s Ecosystem is Blooming

Solana not only has a growing list of DApps and smart contracts, but it also managed to overtake Ethereum in the trading volume of non-fungible tokens (NFTs) in May 2022.

Monkey Business: Solana NFT collection — Magic Eden’s Solana NFT example

The bottom line: Solana is quickly transforming into one of the most innovative blockchain networks currently running and offers countless opportunities for developers and users alike.

The Cons of Solana Sports Betting

Not as Widely Accepted as Other Cryptos

Even though Solana is gaining traction, it’s still not as widely recognized cryptocurrency as other more prominent players on the market. This is bad news for those who prefer Solana to other, more popular coins.

While some cryptos sports betting sites offer support for Solana, they are often few and far between compared to the number of sites that accept traditional cryptos such as BTC and ETH, and even USDT.

If you’re unsure which sportsbooks support Solana, look no further than BC.Game and Cloudbet.

Recent Network Outages

The Solana network has recently dealt with its fair share of outages, primarily due to low-cost transactions and high network demand.

Unfortunately, this has put into question the viability of Solana as a reliable blockchain service in the long run.

To sum up, sports betting with Solana is an innovative and entertaining way to wager on the teams you love.

With its unique features, easy usability, and high levels of security, you can rest assured that your crypto wagering experience will turn out smoothly.

So why not give it a try?

How to Get Started With Solana Sports Betting? Top SOL Sportsbooks Included

Why Choose Solana for Sports Betting?

Review Process

Best Solana Sports Betting Sites

BC.Game – Our Top Pick!

Cloudbet – Best for Solana eSports Betting

Tips on Picking the Best Solana Sports Betting Site