When one thinks of Shiba Inus and cryptocurrencies, they immediately leap to Dogecoin. After all, Dogecoin (based on the Doge Meme and featuring the face of the Shiba Inu) is one of the most recognizable cryptos around. However, there is a newer, fledgling cryptocurrency that is gaining a lot of traction right now, and that is known simply as Shiba Inu.
Confused? That is perfectly understandable. Why “Ryoshi” would decide to launch an altcoin that clearly has similarities with Dogecoin, is beyond most people. However, there has been a lot of heat and interest in it, and despite only launching in the autumn of 2020, it already appears on cryptocurrency gambling sites. We have no choice but to pay attention to it. If you’re interested in gambling with one of the newest cryptos out there and want a top site that is guaranteed to accept SHIB, then look no further. Below (and in the rest of this guide), you’ll find top cryptocurrency betting sites that accept Shiba Inu as a payment provider. Our top casino list includes…
Confused? That is perfectly understandable. Why “Ryoshi” would decide to launch an altcoin that clearly has similarities with Dogecoin, is beyond most people. However, there has been a lot of heat and interest in it, and despite only launching in the autumn of 2020, it already appears on cryptocurrency gambling sites. We have no choice but to pay attention to it.
If you’re interested in gambling with one of the newest cryptos out there and want a top site that is guaranteed to accept SHIB, then look no further. Below (and in the rest of this guide), you’ll find top cryptocurrency betting sites that accept Shiba Inu as a payment provider. Our top casino list includes…
Shiba Inu (SHIB)
As mentioned, Shiba Inu was launched in August 2020, so it is one of the newest cryptocurrencies to hit the betting world. Nobody knows who created it. They are known simply as “Ryoshi”. Of course, this crypto is named after the Japanese dog in the Doge Meme, which became the basis for Dogecoin. The cryptocurrency itself is heavily modeled on Dogecoin, and some speculate that Ryoshi may have been behind that one, too. October 2021 was a peek for Shiba Inu, with its value rapidly rising 55% following talk of it becoming part of a decentralized exchange. Unsurprisingly, the value soared against that month, rising over 240%. What does this mean for crypto bettors, though? Let’s find out…
In theory, a Shiba Inu casino is any betting that allows you to deposit (and presumably withdraw) using Shiba Inu’s cryptocurrency, the SHIB. Of course, right now, there aren’t many of these in action right now, as the cryptocurrency itself is still new. However, the so-called “Dogecoin Killer” is starting to surface, and any top betting sites accepting it can be found on our page.
It will be a while before many of the mainstream slot machines and software providers make their games user-friendly with SHIB. However, that doesn’t mean to say that you can’t play top titles and deposit with SHIB. Homebrew and in-house games can include:
Of course, it is only a matter of time (assuming Shiba Inu continues to trend) before major software providers work in SHIB into their games’ accepted currencies list. In the meantime, you can still deposit with SHIB at betting sites and simply convert it into another crypto or fiat currency for gameplay. This allows you to deposit with Shiba Inu and play top games.
There aren’t yet many perks to using Shiba Inu at crypto casinos, but we have spotted a handful, and we’ll share them with you below:
Shiba Inu is currently a growing cryptocurrency. This means that there is room for you to acquire it and see its value exponentially grow, as is often the case with new cryptocurrencies. How much it grows, though, is anybody’s guess right now.
Shiba Inu is very easy to obtain right now. You can easily get involved in the cryptocurrency, although its value is rising rapidly. This makes it a good choice for those who already have some experience with cryptocurrencies.
Like all new cryptos, the pros and cons of Shiba Inu are relatively well-matched right now. Here are some of the cons that we believe it is our duty to report to you…
The cryptocurrency only debuted in August 2020, so it will remain brand-spanking-new for a few years yet. Given that, we don’t really know how well the crypto gambling world will take to it. Sure, it may become popular, but that doesn’t mean that software providers will make SHIB a “gambling currency”. For the time being, there aren’t many games you can wager on with SHIB, and you’ll most likely see it converted into something else for gameplay at the minute.
October 2021 saw the value of Shiba Inu rise 55% in one week, followed by over 240% the week after. Naturally, this is an immense period of growth. It could continue rising, but history tells us that Shiba Inu will either level off or the bottom will fall out. For this reason, it may be too risky for you to get involved right now.
Choosing the best Shiba Inu casinos is a tricky thing to do right now, especially since cryptocurrency is so young. However, we’ve got a few top tips that you should keep in mind if you’re looking for somewhere to play.
Playing with Shiba Inu will be a bizarre experience, given how young the cryptocurrency is and the challenges in front of it. If you need help getting started, we’ll try to put you on the right track.
It is far too early to draw any solid conclusions about Shiba Inu. The cryptocurrency calls itself the Dogecoin killer, and that is a bold statement of intent. It shows what its ambitions are. However, the sudden rise in interest doesn’t necessarily mean that Shiba Inu is here to stay, and even if it was, there are no guarantee casino gamblers will start using it for betting. Unless you are a crypto enthusiast who enjoys taking the odd risk, we’d recommend starting very slowly with this one or giving it a bit of time until it becomes a more recognizable option in the cryptocurrency betting world.
Your mind is probably still swamped with questions about Shiba Inu. If that’s the case, we’ll do our utmost to answer some of those right here in this Shiba Inu casino FAQ.
Not by a long shot. In fact, very few crypto casinos currently accept Shiba Inu. The cryptocurrency is simply far too new. That may change in the future, though.
No. Shiba Inu charges fees like almost all cryptocurrencies. While these are favourable compared to BTC or ETH transaction costs, they are on par with what you’d expect to see from other options, such as Ripple, Tron, and Dash.
The only way you can play live dealer games with SHIB right now is to have your deposit converted into another cryptocurrency or fiat currency option. The casino will convert it back when you want to withdraw, but live casino gameplay with SHIB bets isn’t quite a reality yet.
Betting with Shiba Inu is about as safe as it sounds. This is a new cryptocurrency – its value has soared but could drop at any time. In terms of security and protocols – sure. But, from a volatility perspective, the market is perhaps a bit too raw for many cryptocurrency gamblers to be willing to stake a lot of SHIB on games.
We wouldn’t have thought so. Again, you may be able to claim a casino welcome bonus if you deposit with SHIB and your casino immediately converts it. However, we haven’t seen any betting sites offering you a pure SHIB casino bonus just yet. If it is accepted into the casino gambling world properly, that may be in the post, though.