Polkadot, like most digital currencies, is an open-source cryptocurrency that can be used to gamble online. It is significantly different from some others out there in that it is written in Rust, and its protocol (Blind Assignment in Blockchain Extension, or BABE) is derived from Ouroboros. Polkadot first originated in 2017, the year many altcoins went live.
Polkadot is one of many altcoins that you can snap up at cryptocurrency casinos. It is a rapidly growing cryptocurrency, with its average value worth around $15 or so per coin, known as a DOT. Polkadot didn’t get added to CoinBase until the summer of 2021, despite launching in 2017. The road to success has been long and slow. However, given that it allows cross-chain transfers between various blockchains and can be used with Dapps on the Polkadot Network, there is potential for it to become far more common at crypto casinos.
A Polkadot casino is naturally any betting site that supports DOT transactions using Polkadot. We’ll freely admit that there aren’t many of these casinos right now. Moreover, any Polkadot casinos that are out there tend to focus heavily on their own thing rather than offering mainstream online casino gambling. That said, you can still deposit with DOT at some leading cryptocasinos, even if your deposit is converted into something more manageable for gambling purposes.
You aren’t going to find many casino games that can take DOT wagers. Polkadot isn’t considered to be one of the main cryptocurrencies that software providers develop their games for. However, when you deposit with DOT, and it is converted to USD or another cryptocurrency, you can play seemingly anything at an online casino, ranging from live casino games to slots, table games, and more. Online casinos that support actual Polkadot games tend to feature in-house software. Good examples in crash and dice games. They aren’t often found at too many rival sites.
There are reasons why Polkadot may be an advantageous cryptocurrency for you. For instance…
The Parachain is a model that allows for transactions to take place across multiple blockchains. While Polkadot may not have originated the Parachain, it does use Parachain tech. This Web3 feature offers more flexibility in processing payments with cryptos at casinos and elsewhere.
Polkadot is easy to use, and this is ideal for small, independent software developers who want to create games that are DOT-friendly. Moreover, its flexibility and ease of access mean that some larger developers may incorporate it into their games soon.
While not everyone can afford to splash the cash on Bitcoin or Ethereum right now, Polkadot is an affordable option. DOT sells for around $15 a coin, and that makes it an advantageous cryptocurrency to get involved in at the minute.
Polkadot doesn’t have everything its own way. There are some disadvantages, too, and we’ve detailed those for you below.
There is a substantial amount of competition out there in terms of cryptocurrency tech. What Polkadot casinos bring to the table in terms of Parachain technology is nice, but there’s nothing to stop other (larger) cryptocurrencies from doing the same thing.
There really aren’t many games that you can wager on with Polkadot. Even the most basic, in-house titles are few and far between. As such, there isn’t much diversity in the DOT gambling market.
If you do decide to have a crack at Polkadot casinos, we have a few recommendations for you. Here is what you may wish to consider when finding and playing at the best Polkadot betting sites:
Polkadot casinos are still growing and just emerging. Therefore, there aren’t many of them. To help you find the ideal site, we’ve detailed a few below. They include:
Becoming a new Polkadot casino player is easier than you think. Here are the steps you need to take to get started right now:
Polkadot is still a growing cryptocurrency. It offers some unique and clever things via its Parachain technology. However, there is nothing to stop rival cryptocurrencies such as Ethereum from doing something similar. For now, Polkadot casinos are small-scale operations, but if crypto fans see the perks that the DOT cryptocurrency can offer, it is not impossible that these casinos will grow. For now, you can find the best Polkadot online casinos right here.
Before betting with DOT at Polkadot casinos, be sure to keep yourself informed of any issues with this brief but concise guide.
There are some dedicated Polkadot casinos out there that do carry DOT bonuses. However, these can usually only be used on selected games. Check our reviews to see what kind of deals you can claim.
There are Dapps out there for dice, blackjack, video poker, crash games, war, roulette, and slots games, so Polkabet bettors aren’t short of options if that’s what you’re worried about?
There are several. We find that in terms of Dapps, Ethereum casinos are a fair alternative. Failing that, you may wish to check out the array of Cardano Casinos that you can find online, as these offer a similar service to Polkadot casinos, albeit with arguably more games.
Polkadot is an inexpensive token and currently costs around $20 to purchase a single coin. However, as you know, the cryptocurrency world is highly volatile, so things may change.
Some online casino software providers have made their games DOT-friendly. However, others haven’t. We’d check the casinos that feature on our list to stand the best chance of finding DOT-friendly games online.