- Personalised bonus offer
- Provably Fair Games
- Low House Edge
- Popular casino
- Sportsbook with eSports
- Some of the best odds
Ranked: Our Polkadot Gambling Site Picks
- BC.Game – Best Overall Polkadot Casino
- WolfBet – Best for Rakeback
- Cloudbet – Best Variety of Casino Games
Polkadot Casino Sites Reviews
If you’re curious to learn more about these sites, read our reviews. We have covered the basics you should know about these platforms, including their games and bonuses.
1. BC.Game – Best Overall Polkadot Casino
Launched in 2017, BC.game is a Curacao-licensed casino with over 7,000 slots and table games. The safe mobile-compatible platform also offers betting markets for over 30 sports, in addition to exciting casino games. It has a user-friendly website that players can easily navigate.
The online casino welcomes new players with a four-part welcome bonus. This offer has a 5x wagering requirement and is distributed as follows:
- 1st deposit: 180% up to $400 for a minimum of $30
- 2nd deposit: 200% up to $600 for a minimum of $60
- 3rd deposit:220% up to $1,800 for a minimum of $120
- 4th deposit: 240% up to $4,200 for a minimum of $150
After playing through the welcome offer, you can enjoy rakeback deals, other reload bonuses, and VIP rewards.
BC.game allows you to enjoy gambling on its platform without going through a KYC verification process. However, the operator might request details that prove your identity at any time.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
Four-part bonus up to $7,000 | 5x | $30 | BTC, ETH, DOGE, XRP, ADA, DOT, TRX, BNB, AVAX, SOL, ATOM, NEAR, MATIC, CRO, FTM, RUNE |
- Pros
- Over 7,000 slots and table games
- Offers rakeback bonuses
- Players can bet on sports
- Mobile-friendly
- Cons
- Lacks a mobile application
- No phone line for customer support
2. Wolfbet – Best for Rakeback
Wolf.Bet is an online casino that was launched by HDS Technologies N.V. in 2019. The operator, who holds a license from Curacao, has partnered with trusted developers like Microgaming and Evolution to supply more than 1,000 slots, RNG-based table games, and live dealer titles. Its website can be interpreted in eight different languages and also works well with mobile devices.
There is no welcome bonus at the online casino. However, there are other rewards players can enjoy. One of these is the rakeback, which you get whenever you place a bet on the platform. There are also weekly deals and exclusive bonuses you can enjoy on the platform.
KYC is not mandatory on the gambling site. However, if the operator ever needs personal details for account verification, you will be notified.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
Rakeback | None | 1.1 DOT | DOT, DOGE, BNB, TRX, LTC, XLM, USDT, BTC, ETH, XRP, SUSHI, UNI, ETC, BCH, ADA |
- Pros
- User-friendly casino website
- Supports multiple cryptocurrencies
- Provable fair games are available
- 24/7 customer service
- Cons
- Doesn't accept fiat currencies
- No phone support
3. CloudBet – Best Variety of Casino Games
Cloudbet launched in 2013 and holds a license from Curacao. This online casino has everything a player could want, including a wide variety of casino games, sports betting options, and esports markets. The operator doesn’t have an app, but its 2,000+ games and other offerings are accessible on mobile devices.
On your first deposit of at least 1 DOT, you can claim a 100% match-up offer worth up to 2,500 DOT. Aside from the welcome bonus, there are free spins and cashback bonuses to enjoy on the platform. It also has a rewarding VIP program.
The online casino will request that you verify your account before cashing out your winnings. For this, you’ll submit documents containing information that proves your identity and shows your address. This is strictly in line with its anti-money laundering policies.
Crypto Bonus | Wagering Requirements | Minimum Deposit | Available Currencies |
---|---|---|---|
100% up to 2,500 DOT | N/A | 1 DOT | DOT, BTC, BCH, LINK, USDT, USDC, ETH, PAXG, DASH, LTC, DAI, PAX, DOGE |
- Pros
- Impressive welcome bonus
- Supports multiple cryptocurrencies
- Cashback offers for existing punters
- Mobile-compatible
- Cons
- No mobile app
- Lacks a live chat feature
What is Polkadot?
Like many altcoins, Polkadot is both a cryptocurrency and a decentralized protocol. DOT is its native token crypto investors use for trading. The protocol was created to solve the issue of blockchain interoperability. Thus, it allows communication between two previously incompatible blockchains, like Ethereum and Bitcoin.
Dr. Gavin Wood, one of the Ethereum co-founders and creator of the Solidity smart contract language, is the mind behind Polkadot. Midway through 2016, Dr. Wood began developing his concept to “design a sharded version of Ethereum.” In October of that year, he published the first draft of the Polkadot White Paper.
Together with Parity’s Peter Czaban, Dr. Wood created the Web3 Foundation in 2017 to fund the altcoin’d research and fundraising. The first DOT token auction was held in October 2017. In just under two weeks, the sale brought in $145 million, as half of the first 10 million DOT (old) coins were sold.
There are three major Polkadot components:
- Parallel blockchains also known as parachains
- The relay chain to connect parachains
- Bridge chains to allow blockchains connect third-party protocols
We have explained each one in detail in the following sections.
Parachains
A parachain is a blockchain network that can communicate with the Polkadot Network and other parachains. The term “parachain” comes from the fact that it runs parallel to the main relay chain. The parallel nature of this blockchain is what gives the Polkadot system its scalability. Thus, it reduces the high costs associated with the Ethereum network.
Relay Chain
The network uses a central chain called the Relay Chain. Its primary job is to coordinate the entire system, along with the connected parachains that operate concurrently on the network.
The relay chain is validated by all the Polkadot validators using native DOT coins from the network. A variety of transaction types are supported by the system. Thus, it enabled validators to engage with governance processes, parachain auctions, and nominated proof-of-stake.
Bridge Chains
While not every blockchain needs to be a parachain, they all do need a safe means of communicating with one another. This is where bridge chains come in. Polkadot bridges allow users to transfer cryptocurrency and conduct transactions between networks that use various consensus mechanisms.
They are useful for facilitating low-cost, high-quality transmission between various peer-to-peer systems. For a better user experience, the cross-chain bridge prioritizes both lowering the gas cost and raising the transaction speed of crypto asset interactions. In addition to bolstering the value of its existing crypto assets, it also provides a heightened level of anonymity and protection.
Pros & Cons of Using DOT
The following are the benefits of gambling at DOT casinos:
Great Team Behind it
Dr. Gavin Wood, the main brain behind the altcoin, is a co-founder of Ethereum. Seeing as Ethereum has grown to become the second-largest virtual asset, Polkadot is also expected to grow with time. Plus, Dr. Wood works with some of the best minds, which increases its chances of becoming more valuable.
Favorable Partnership
DOT, like other virtual currencies, favors players because it allows anonymous transactions. With this payment method, you only need to use your crypto wallet address to make payments. With this, you can enjoy your gaming sessions without worrying about the safety of your funds.
Higher Scalability
Unfortunately, most blockchain transactions are still handled sequentially on network nodes, which leads to delays caused by slow transaction times. Polkadot eliminates these wait times by enabling numerous parachains to process multiple transactions concurrently through a single relay chain.
Cons
Although DOT casinos have their perks, there are a few disadvantages to gambling on these sites. These include the following:
Innovative Project
Being an innovative project is a positive thing, but it also has its downsides. One of these is that if its value increases, you lose more funds when your bets are unsuccessful.
Development in Progress
DOT is still an upcoming token and is not widely accepted like Bitcoin, Ethereum, and other popular coins. As a result, there aren’t too many websites where you can use the token to gamble.
Notable Risk
Gambling is risky, as there’s a possibility of losing your bet amount. Thus, when playing with DOT, you should be ready to record losses just as you record winnings.
Here are the main features of Polkadot:
Decentralization
Nominated Proof of Stake (NPoS) is the consensus algorithm used by Polkadot. There is no central body, but transactions are verified by validators.
Safety
Polkadot is a safe investment thanks to its robust, in-built security features. It employs a common security protocol, also known as “pooled security.” This means that the relay chain validators guarantee financial safety for all linked parachains.
Scalability
Since parachains are independent blockchains that handle their own transactions, they help prevent the congestion that could build up on Polkadot’s main network. This favors horizontal rather than vertical scaling, as seen on networks like Ethereum. With the chains working together, many transactions can be completed in a short amount of time.
How Does it Perform?
Decentralization
Nominated Proof of Stake (NPoS) is the consensus algorithm used by Polkadot. There is no central body, but transactions are verified by validators.
Safety
Polkadot is a safe investment thanks to its robust, in-built security features. It employs a common security protocol, also known as “pooled security.” This means that the relay chain validators guarantee financial safety for all linked parachains.
Scalability
Since parachains are independent blockchains that handle their own transactions, they help prevent the congestion that could build up on Polkadot’s main network. This favors horizontal rather than vertical scaling, as seen on networks like Ethereum. With the chains working together, many transactions can be completed in a short amount of time.
Things to Consider When Choosing a Polkadot Casino
While there aren’t as many Polkadot casinos as there are for Bitcoin, there are still many sites to choose from. Keep in mind that these sites are not created equal. To find the best one, you have to consider a few factors, which we have explained below.
Game Offerings
Gambling online is about having fun, and you can only do this when there are games to play on the site. That said, you should check the casino’s gaming portfolio to see if their titles interest you. There should be a good selection of slots, provably fair games, and table games.
Legit Operations
Cryptocurrency might not be governed by a central body, but that doesn’t apply to online casinos. These platforms should be licensed by a well-known regulatory body before you sign up for them. A licensed casino operates following the rules of its regulatory body; thus, it is safer than an unlicensed operator.
House Edge
The house edge works hand-in-hand with the return-to-player percentage. If you play games with a high RTP and a low house edge, you will earn more in the long run than those with higher house edges. That said, ensure that the online casino has a good selection of games with low house edges and high RTPs.
Can you Wager in your Country?
It’s important to understand the laws regulating online gambling in your resident country before playing at the online casino. If there are no legal ramifications for playing casino games for real money, you can enjoy gambling on DOT gambling sites.
Auto Bet and Auto Cashout
Some games have an autobet feature that you can use to play multiple rounds without setting your wager manually. Additionally, some casino sites with sports betting offerings have an auto cash-out feature. With this, it automatically withdraws your winnings as soon as the amount you set has been reached. If you’re a fan of both features, then you should settle for gambling sites that have them.
Check Reviews
Reading comprehensive reviews is a great way to learn more about an online casino’s offerings. Detailed reviews provide you with information that you might have skipped when you checked out the site yourself. You can find such reviews on our platform.
End-to-end Crypto Capabilities
Some platforms also let you purchase cryptocurrency using fiat currency on their sites. This is an added advantage, as you don’t have to visit an external exchange to get DOT to play casino games.
What Kind of Bonuses are on Offer?
You should look out for the bonuses you can claim to boost your bankroll. There are different types of these offers, and they include:
Welcome Bonus
These are promotions that are reserved for only new players. They could be a percentage of your deposit, free spins, or any other type of promotion.
VIP Program
Many crypto casinos offer VIP programs, but not all are rewarding. That said, read the terms surrounding these programs and learn what you stand to gain as a VIP member.
Deposit Bonuses
As their name implies, these are bonuses you claim only after making a deposit on the platform. Deposit bonuses could be for new and existing punters.
Free Bets for Crash Games
Similar to cash bonuses, an online casino could offer free bets specific to crash games. If you prefer these offers, then opt for gambling sites that offer them. Alternatively, you can settle for a platform that offers bonuses to play crash games.
Cashback Rewards
With a cashback, you get a certain percentage of the losses you incurred when playing for real money. Some sites offer cashback bonuses as part of a VIP reward.
Quality of Promotions
A bonus is more than just the amount you get from it. You need to factor in the terms and conditions to decide if it’s worth claiming. Learn how high the wagering requirements are, what games you can play with them, the expiration dates, and other conditions.
Payment Options
While you’re after Polkadot online casinos, you should check out other payment method it supports. Other crypto payment options these sites should have include Bitcoin, Ethereum, Litecoin, Dogecoin, and Tether, among others. While looking at other methods you can use for transactions, check out these factors:
Speed of Withdrawals
With cryptocurrency, deposits and withdrawals are processed quickly. However, some platforms take several days to approve your payments. If you can’t deal with such withdrawal times, opt for a different platform that processes cash-out requests quickly.
Withdrawal Limit
The withdrawal limit specifies the maximum amount you can cash out from the platform. If these limits are too low, it can affect you when you win a jackpot or if you’re a high roller.
Restricted Countries
Many crypto casinos have only a few country restrictions. If you are based in any of these restricted jurisdictions, you can’t gamble on the site.
Trustworthiness
The reputation of an online casino is very important. A site with positive reviews from registered players must be doing something right. Likewise, if an operator has a bad reputation, you should think twice about using the platform.
Customer Service
The help section is your first stop if you ever encounter problems while gambling on the site. Therefore, it’s important to be certain that the platform has excellent customer service. You should be able to reach out to the team via live chat, email, or even phone. It’s best if the support service is available around the clock.
What are the Gaming Options?
The best DOT online casinos partner with trustworthy software providers to provide players with a variety of games. These range from slots to video poker and specialty games. Let’s explore some of them.
Blackjack
When playing blackjack, you aim to have a better hand than the dealer without going over 21. Software providers have created multiple variants of the game, including Atlantic City Blackjack and Double Exposure Blackjack. There are even live dealer versions where you play against an actual dealer.
Video Poker
This is the ideal game for players who enjoy poker but want something simpler. In video poker, you’re dealt five cards, after which you can decide which you want to keep and which you want to discard. You then get new cards to replace the discarded ones, and this becomes your final hand. Your payout depends on the combination on the paytable.
Slots
At online casinos, slots make up most of the gaming options. These games appeal to new and seasoned players because they are easy to play and win. Simply set your stakes and click the spin button. If you land a winning combination, you get a payout.
Roulette
This is a popular table game played on a numbered and colored wheel. In roulette, you bet on where you think the ball will land after the wheel is spun. Your payout depends on the type of roulette bet you place.
Baccarat
In baccarat, you bet on which hand (the player’s or the banker’s) will have the closest value to nine. The game also lets you wager on a tie, meaning that you bet on both hands having the same value. Tie bets have lower winning chances, but they pay out the highest amount.
Other Innovative Games
Slots, baccarat, blackjack, video poker, and roulette are popular casino games. Besides these, there are other types of games worth playing, and these include:
Plinko
In Plinko, players drop a ball from atop a triangular pin pyramid and wait for it to land on a multiplier. The payout depends on where the ball falls. The pin pyramid’s outer borders offer the best payouts, while the pyramid’s pays less.
Mines Games
The game is like the classic Minesweeper in that mines and gems are placed in random locations in the game. Before playing, each punter chooses how much to wager and the number of mines on the playing area, which can be anywhere from 1 to 24.
Dice
In DOT casinos, there are two common dice games: craps and Sic Bo. Both have very different gameplays, which you must master before playing with real money. In both games, you bet on the numbers on the dice.
Crash Game
Just as their name implies, crash games have multipliers that increase until the game crashes or stops. However, players must take out their winnings before the game ends or they lose their bets.
Limbo Game
Limbo allows you to choose a target multiplier, which can range from 1.01 to 1,000,000. Afterward, you set your stake and press the “Bet” button. The software then generates a multiplier between 1.01 and 1,000,000x at random. If the multiplier the software generates is the same as or greater than the one you selected, it will be added to your initial bet.
Game of Aviator
Aviator is a crash game where a plane flies across the screen after you place bets. The higher or longer the plane flies, the greater your payout. However, you must cash out before the plane flies off the screen.
Game of HiLo
Hilo is a simple card game where players have to guess whether the next card will be lower or higher than the one on display. The game is played with a standard deck containing 52 cards.
Polkadot NFT
Most blockchain networks make use of smart contracts, which operate on the blockchain. Polkadot’s Uniques pallet, on the other hand, is an integral component of the blockchain itself. This component serves as a basic tool for making NFT collections and items.
For clarification, NFTs are assets that have been turned into tokens through a blockchain. They are given unique ID codes that make them stand out from other tokens. NFTs could be collectibles, digital, arts, gaming, assets, and more. They are often traded on marketplaces in exchange for cryptocurrency, fiat money, and sometimes other NFTs.
It’s impossible for NFT traders on one blockchain ecosystem to visit or explore NFTs on another blockchain ecosystem. However, Polkadot provides a fully decentralized web where anyone can create genuinely interoperable NFT marketplaces, thereby addressing the aforementioned interoperability issues. This can be achieved without third parties, who might have access to user data or disrupt the flow of information between different blockchains.
What are the Benefits of Using Crypto?
The popularity of cryptocurrency in the online gambling industry is thanks to the benefits it offers users. We have explored these advantages below:
Fiat’s Value is Diminishing
The bank valued the dollar at only 37 in 2021, which is poor when compared to its value of 100 in 1983. This implies that in 2021, the purchasing power of a dollar from 1983 was only 37 cents. Simply put, the value of these currencies is diminishing, and many industries are turning to crypto as an alternative.
Privacy
With cryptocurrency like DOT, you don’t have to worry about revealing any sensitive information on the gambling site. That’s because all you need for a transaction is your crypto wallet address. Some operators might require you to verify your accounts by submitting some details, but only in compliance with its regulatory laws.
Financial Independence
With fiat money, you worry about your bank not accepting transactions from a gambling site. Betting on these platforms could also cause your financial institution to freeze your account. This doesn’t apply to crypto gambling. As long as you have a secure wallet, you can deposit and withdraw as you like.
Geo-restrictions
If you live in a country where there are legal restrictions on online gambling, you can’t play casino games with fiat money. That is because transactions with these currencies can be traced. However, with cryptocurrencies, you can have fun on these platforms without worrying about your transactions being tracked. Note that it’s important to gamble responsibly, even with crypto.
Rapid Payouts
Cryptocurrency transactions don’t need to be approved by a third party before they go through. This removes the wait times that are common with gambling with fiat money.
Superior Deposits and Withdrawals Limits
Many crypto casinos don’t set limits for how much you can deposit or withdraw. This means you can pay and cash out as much as you like. In other words, you don’t have to bother with the minimum and maximum limits common with gambling with fiat money.
What are the Disadvantages of Using Crypto?
There are also a few disadvantages to using crypto, which we have explained below.
Volatile
The price of these virtual assets fluctuates dramatically. So, the price of an asset today might not be the same tomorrow. There could be an increase or decrease. If these assets increase in value, you earn, but if they decrease in value, especially by an amount lower than what you bought them for, you lose.
Transactions are Untraceable
It’s difficult to trace and impossible to reverse a crypto transaction. So, if you’re unlucky to fall into the hands of a sham site and you make a deposit on the platform, reversing it is impossible. That’s why you should register only at trusted and licensed casinos like those we recommend.
Lack of Regulations
Cryptocurrencies are not regulated by any central body. This makes them a target for cyber attackers, as there are no legal consequences for stealing these assets.
Conclusion
Now you have a better idea about how Polkadot works. We also reviewed the top crypto sites that accept DOT. Our recommendations are safe, so all you need to do is choose one of these sites, register, make a deposit, and play exciting games.
How are Polkadot transactions processed and verified?
The Polkadot network’s activities are verified by a validator. Since Polkadot uses a proof-of-stake format, validators are selected at random to examine each block’s transactions. Upon confirmation of the deals, the block is added to the blockchain.
What is the role of the DOT token in the Polkadot ecosystem?
Within the Polkadot network, the its coin (DOT) has two primary purposes. To begin, it serves as a control token, giving its owners a say in the protocol’s development. Second, it’s used in staking, the process by which the Polkadot network authenticates deals and generates fresh DOT.
How does Polkadot ensure security and scalability?
Transactions are distributed across numerous parallel blockchains, allowing for scalability.
How can developers get started building on Polkadot?
Developers can make smart contracts in any language compiled to WASM. They can also use the Substrate EVM pallet and the Substrate Ink Contracts pallet to create dApps.
What are some popular Polkadot-based projects and applications?
There are many projects that are based on Polkadot. Kusama, Moonbeam, Kilt Protocol, Arcala, and Tenoa are some of them.
How does Polkadot handle governance and decision-making?
Active token holders and the council work together to make a decision. Whether the idea comes from the token holders or the council, it will have to go through a referendum. This allows every holder to have a say in the decision-making process.
Facts Checked by Josip Putarek, Senior Author