Best Solana eSports Betting Sites

It’s time for us to reveal the efforts of our team by outlining the Solana esports betting sites that impressed us the most in 2023. The number of available esports betting websites...
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1
eSports titles
Counter-Strike Global Offensive (CS:GO)
Dota 2
FIFA
+12 more
SOL
BTC
ETH
DOGE
USDT
+24
2
eSports titles
Counter-Strike Global Offensive (CS:GO)
eFighting
eTennis
+9 more
SOL
BTC
ETH
BNB
XRP
+101
3
eSports titles
Counter-Strike Global Offensive (CS:GO)
Dota 2
League of Legends
+3 more
SOL
BTC
ETH
USDT
EOS
+19
4
eSports titles
Counter-Strike Global Offensive (CS:GO)
League of Legends
Dota 2
+5 more
SOL
BTC
ETH
LTC
BCH
+14
5
eSports titles
Dota 2
Counter-Strike Global Offensive (CS:GO)
League of Legends
+6 more
SOL
BTC
ETH
BNB
XRP
+9
6
1xBit
5.58
eSports titles
Counter-Strike Global Offensive (CS:GO)
Dota 2
King of Glory
+8 more
SOL
BTC
ETH
BNB
XRP
+38
1.

Cloudbet

Sports Rating 9.25
Available in
Available in Poland
9.25
Bonus: 
100% Welcome Bonus up to 5BTC
Description: 

Cloudbet is a sports-focused gambling site that also offers casino games. The site offers a wide selection of games and sports to bet on. 

General Information

Year founded: 
2013
Cryptocurrencies: 
Solana
Ethereum
Dogecoin
Tether
Bitcoin Cash
USD Coin
PAX Gold
Chainlink
Dai
Binance Coin
Litecoin
Dash
Cardano
Polkadot
Fantom
Bitcoin
Uniswap
Avalanche
Algorand
SHIBA INU
Polygon
Binance USD
Terra
TerraUSD
XRP
Stellar
USDP Stablecoin
+24

Tether, Bitcoin Cash, USD Coin, PAX Gold, Chainlink, Dai, Binance Coin, Litecoin, Dash, Cardano, Polkadot, Fantom, Bitcoin, Uniswap, Avalanche, Algorand, SHIBA INU, Polygon, Binance USD, Terra, TerraUSD, XRP, Stellar, USDP Stablecoin

Languages: 
English
Spanish
Russian
French
German
Italian
Portuguese
Indonesian
Polish
Thai
Korean
Turkish
Swedish
Dutch
Hungarian
Greek
Japanese
+14

French, German, Italian, Portuguese, Indonesian, Polish, Thai, Korean, Turkish, Swedish, Dutch, Hungarian, Greek, Japanese

Licence(s): 
Curaçao

Anonymity

Cloudbet offers anonymous play. The site is also very secure with SSL and two-factor authentication.

Reputation

Cloudbet has received some complaints about slow payouts and poor service. Most of the complaints they have received were quickly resolved. 

Pros and Cons

Anonymous play.
Pros Description (Normal): 
Register with just an email address
Provably fair games.
Pros Description (Normal): 
Games are RNG tested
Secure website.
Pros Description (Normal): 
SSL and two-factor authentication keep your account safe
Thousands of slots.
Pros Description (Normal): 
And over 50 live tables
Impressive sportsbook.
Pros Description (Normal): 
They offer low margins and a wide range of in-play markets
Exotic betting.
Pros Description (Normal): 
Bet on entertainment and politics
Fast withdrawals.
Pros Description (Normal): 
Many withdrawals take about 10 minutes
Cons Title (Bold): 
Sports betting odds.
Cons Description (Normal): 
Other sportsbooks offer better odds on major events
Cons Title (Bold): 
Limited contact information.
Cons Description (Normal): 
Restrictions, fees and payout details hard to find
Cons Title (Bold): 
VIP program by invitation.
Cons Description (Normal): 
You can’t just decide to join, but if you are selected that means you really are a VIP!
Cons Title (Bold): 
No exclusive games.
Cons Description (Normal): 
But with such a large assortment of casino games, you may not care
Cons Title (Bold): 
Possible handling fee.
Cons Description (Normal): 
They may charge a handling fee for deposits.
Play on Cloudbet
2.

BC.Game

Sports Rating 8.71
Available in
Available in Poland
8.71
Bonus: 
Various promotions available; see site for details.
Description: 

BC.Game is an exceptionally designed casino with awesome promotions and 50 cryptocurrencies to deposit! From a chance to win 1 Bitcoin to a VIP system with exotic vacations, there’s always a promotion to play for!

General Information

Anonymity

You can remain anonymous to create an account and deposit crypto, but BC.Game may require KYC when you withdraw your funds.

Reputation

BC.Game has a stellar reputation, with few complaints received. With a license from Malta Gaming Authority and many ways to contact the company, your crypto will be safe with them.

Pros and Cons

Play on BC.Game
3.

TrustDice

Sports Rating 8.52
Available in
Available in Poland
8.52
Bonus: 
100% up to 1 BTC / 50ETH / 10,000USDT + 25 Bonus Spins
Description: 

TrustDice is a top-notch casino and sportsbook offering thousands of games, easy registration, and exciting bonuses.

General Information

Anonymity

TrustDice allows you to be anonymous. You only need an email address to register and you can play anonymously if you’re using crypto.

Reputation

TrustDice has a very good reputation. To ensure this, they address all complaints as quickly and fairly as possible.

Pros and Cons

Play on TrustDice
4.

BetOnline

Sports Rating 8.50
Available in
Available in Poland
8.50
Bonus: 
50% Welcome Bonus up to $1,000
Description: 

BetOnline is an online casino with higher than average betting limits. It offers sports betting, poker, casino, esports, and lots of bonuses throughout the year.

General Information

Anonymity

BetOnline does not offer anonymity. You must provide your country, postal code and phone number just to open an account. 

Reputation

BetOnline has a fair reputation depending on who you ask. They offer a wide variety of betting options but there are also many complaints against them.

Play on BetOnline
5.

Chipstars

Sports Rating 8.40
Available in
Available in Poland
8.40
Bonus: 
Up to 250 Free Spins on the 1st Deposit
Description: 

Chipstars is a relatively new casino and sportsbook brand founded in 2020. It features excellent gaming products and accepts crypto transactions.

General Information

Anonymity

Chipstars casino doesn’t allow anonymous gambling, and players must input their details during the registration process.

Reputation

Chipstars casino has an excellent reputation enhanced by its license, level of security, and positive user reviews.

Pros and Cons

Play on Chipstars
6.

1xBit

Sports Rating 5.58
Available in
Available in Poland
5.58
Bonus: 
Promo Code: 1xb_13206 Welcome Package up to 7BTC
Description: 

1xBit is a cryptocurrency casino and sportsbook. Their sportsbook is extensive, with lots of betting options and they also offer an app.

General Information

Anonymity

1xBit allows anonymous play with only an email address. Because they accept only cryptocurrency, your privacy is protected.

Reputation

1xBit has a less than great reputation with several complaints that have not been addressed by the casino. Most complaints are regarding missing funds and locked accounts.

Pros and Cons

Play on 1xBit

Why Is Wagering with SOL on Esports Betting Sites Better?

If you’re reading this, you’re probably interested in using esports betting sites accepting Solana but still want a few questions answered.

After all, the whole crypto market remains a mystery to many people despite being exposed to a relatively large audience.

However, we firmly believe that once you register with a reputable esports betting site and play with Solana, you’ll never want to use a ‘conventional’ site again.

Once you read the reasons for their change of heart, it becomes easy to understand why.

Each year, the value of fiat dwindles

Fiat currency is a form of legal tender propped up by the government that issues it.

It has no intrinsic value, and its worth is determined by economic supply and demand and interest rates, among other things.

Examples of well-known fiat currencies include the U.S. Dollar and the Euro.

Hyperinflation, a term that describes rapid, out-of-control price rises in an economy, is one of the biggest downsides of fiat.

When the Federal Bank of St. Louis recently investigated inflation, there was worrying news.

In 1983, the bank placed the U.S. Dollar’s value at 100; fast forward to 2021, and this number had plummeted to 37.

Basically, your purchasing power today is about one-third of what it was about 40 years ago.

Even worse, wages haven’t risen anywhere near as quickly in the intervening period.

Indeed, since 1979, the average annual increase in wages is just 0.9%, far below inflation.

Therefore, fiat currency is literally making us all poorer!

Why is fiat still around?

Governments like fiat money because it maintains their iron grip on the economy.

Financial institutions ultimately have the final say regarding who uses fiat currency and why.

It is time for us to move away from fiat, and Solana is the future of money.

If you’re concerned about a loss of purchasing power, digital assets can help keep your savings safe from the ravages of inflation.

Anonymity

Anyone who has ever tried putting money into a esports betting website account knows it is often a struggle.

Unfortunately, it isn’t as simple as using your debit or credit card or a bank transfer.

Financial institutions habitually punish people who use esports betting companies.

Suppose a esports betting company deposit appears on your bank statement; you’ve all but guaranteed you’ll never receive approval for a loan.

For instance, the bank will likely reject a mortgage application solely because you used a betting site once or twice.

It only takes occasional use of such sites for the above to happen.

However, when you use SOL, financial institutions can no longer make your life a misery because of your pastime.

There is no third-party involved in cryptocurrency, so there is no easily accessible record of your transactions.

In other words, when you deposit SOL on esports betting sites, your bank will never know.

This process gives you control of your money with no evidence of what you use it for, which is one of the main reasons why crypto exists.

Crypto could continue to rise in value

There’s no question that SOL is volatile with rapid rises and falls a regular occurrence.

Yet, there’s little question that holding on to a well-known digital asset could yield rich rewards in the long run.

Realistically, the trillion-dollar market cap that the cryptocurrency market reached is only the beginning of its journey.

According to Forbes magazine, the world’s wealth was $431 trillion in 2021, giving Solana plenty of room to grow.

In comparison, fiat’s worth and usefulness continue to recede at an alarming rate.

By using Solana on esports betting sites, you could see an increase in the value of your account, regardless of how often you use it.

Full control over your money

Solana doesn’t just offer better growth potential than fiat; it also enables you to take control of your money.

With no bank interference, things suddenly get a whole lot easier.

Crypto is widely adopted

When the cryptocurrency market was developing, most people knew about Bitcoin and nothing else.

These days, there are thousands of digital assets, many of them becoming relatively well-known to the general public.

Although crypto is extremely useful in the online betting sphere, its mainstream appeal means it has many other uses.

A growing number of countries are embracing crypto and permitting its use, even though it still isn’t classified as legal tender.

One exception is El Salvador, which adopted Bitcoin as legal tender in September 2021.

Realistically, other nations will follow, with Paraguay and Panama likely candidates.

Crypto enhances your financial freedom

Once you purchase Solana, it is easy to register with esports betting companies, where you can deposit and withdraw with few difficulties.

Alas, those who attempt to use fiat on esports betting sites find that it’s far from smooth sailing.

For instance, in Britain, a regulation introduced in April 2020 caused chaos because few people knew about it.

They used credit cards to make their first deposits on esports betting sites, only to find their bank accounts were frozen.

Furthermore, it took weeks for banks to remove the restrictions in some cases.

In the end, customers were told that there would be consequences if they looked to make additional deposits.

With Solana, you don’t have to worry about this scenario when using a reputable Solana esports betting site.

Get past geographical restrictions

Several nations forbid gambling of any kind.

If you happen to live in such a location, you can forget about playing on a regular esports betting company.

This is because your use of fiat currency is easy to detect.

In contrast, it is possible to avoid scrutiny by registering on SOL esports betting sites once you invest in a high-quality VPN (Virtual Private Network).

With a VPN, it becomes possible to remain anonymous online due to the protected network connection it creates.

You can further shield your activities by using SOL on esports betting sites.

Ultimately, you can adopt the strategy outlined above to bet on sites no matter what the laws state in your country.

In some cases, end-to-end SOL esports betting sites even accept users from nations where betting with fiat or digital currency is prohibited.

Disclaimer

In outlining the above, we’re merely highlighting a loophole that one can exploit.

We are NOT advocating or encouraging any form of illegal activity.

If you try to gamble illegally and get caught, you can expect grave consequences.

Suppose you live in the United Arab Emirates; if you’re found guilty of gambling illegally, you could spend up to 24 months in prison.

Also, Solana esports betting sites that accept users from countries where wagering is illegal are seldom trustworthy.

There is nothing to prevent them from withholding your money and banning you if they discover where you live.

We take no responsibility if you break the law so remember, it is your decision!

Please don’t say we didn’t warn you!

Rapid payouts

If you’ve ever used a traditional esports betting website, you’ll know that payout speed is best described as ‘torturously slow.’

The above is due to sites linking with the banking system and the accompanying red tape.

It is a far different story with Solana esports betting sites because significantly fewer regulations bind them.

There is regulation with the Curaçao Gaming Authority among the most reputable entities.

Nonetheless, red tape is kept to a minimum, meaning lightning-quick transactions.

In any case, Solana is usually associated with superior transaction speed.

High deposit and withdrawal limits

The limits on deposits and withdrawals associated with fiat-accepting esports betting websites are problematic for some players.

While you’re encouraged to deposit a fair sum of money, it’s a different story when the time comes to collect your winnings.

The main reason for this difficulty is that esports betting sites like to keep withdrawal limits as low as possible.

Indeed, you will probably need to provide documentation if you want to get a hold of a decent sum of money.

Even worse, if you’re a regular winner, conventional esports betting companies will restrict your bets or ban you completely.

By this point, betting on such sites isn’t worth your while since you can’t risk more than a handful of dollars at most.

With less red tape, esports betting sites accepting Solana are free to permit substantial withdrawal sums and quite often do.

Remarkably, some sites don’t bother imposing withdrawal limits.

Due in part to greater competition, such sites are also less strict regarding restrictions and bans for being successful at wagering.

Contemporary

A few traditional sites permit you to use Solana.

Unfortunately, this does nothing to improve the general transaction speed, nor does it impact deposit/withdrawal limits that much.

You often deal with old-fashioned design, poor value bonuses, and dreadful customer service.

Esports betting platforms that accept Solana are designed with the modern gamer in mind and provide a vastly superior user experience.

These sites tick all the boxes with bonuses worth your while, a customer support team that cares, and an aesthetically pleasing design.

How to Choose a Suitable Solana Esports Betting Site

Your criteria for picking the best Solana esports betting site may not be the same as the next person’s.

We recognize that every user is different, so we analyze multiple aspects of the esports betting sites that accept Solana we review.

Here are some of the most pertinent.

Sports and sporting markets

Our SOL esports betting site list is filled with sites capable of surpassing what conventional esports betting websites offer regarding sports betting.

You’re catered to whether you love golf, basketball, American football, or rugby union.

If that isn’t enough, there are thousands of markets waiting for you to bet SOL on.

Getting the best odds is essential if you’re looking to earn a long-term profit from betting.

We recommend checking out a few of the Solana esports betting sites on our list and comparing their markets.

You may eventually discover that one site consistently beats the rest.

Yet, it is also sensible to investigate the overall sports and market quantity to determine if the site is a good fit for you.

Does the Esports Betting Website have end-to-end crypto capabilities?

The difference between esports betting platforms that accept Solana and specifically end-to-end crypto sites is massive.

If you mistakenly choose the wrong site, it could cost you a reasonable sum of money, as you’re about to find out.

Standard Esports Betting Sites

You might be delighted to find a standard esports betting site that accepts Solana, but there’s a sizeable catch.

While you can deposit with SOL, things go against you from then on.

As soon as the crypto goes into the site, it becomes fiat and only reverts to its digital form upon withdrawal.

In essence, at no stage do you ever have the chance to use Solana on such sites.

What’s worse is that you’re charged fees for both transactions.

Consequently, end-to-end Solana esports betting sites are your only option if you’re convinced that the price of Solana will increase.

Why choose end-to-end SOL Esports Betting Sites?

As the name suggests, end-to-end SOL esports betting sites enable you to deposit, withdraw, and conduct all transactions via digital currency.

Therefore, you always have crypto in your account, meaning you lose money if its value falls but benefit from any bull runs.

Also, most high-quality Solana esports betting sites enable users to play with more than one digital coin.

If you’re considering an end-to-end crypto site, here are a few things you should look for:

  • Anonymity

  • Fast transactions

  • Minimal restrictions on transactions

  • Of course, some SOL esports betting sites are better than others, so check out our detailed reviews to discover the best site for your needs.

Bonus standard

For many esports betting site users, a site’s bonus offering is a crucial consideration.

To properly analyze bonuses, we have created three separate subsections.

The welcome bonus

It is standard practice for Solana esports betting websites to provide a welcome bonus for new players.

Such sites work hard to convince you that they’re doing you a favor.

Especially if the site gives you a bonus worth the same as your first deposit.

Suppose you deposit $200, the esports betting site accepting SOL ‘rewards’ you with another $200.

Unfortunately, there is a very big stipulation in this instance.

Some Solana esports betting websites force you to bet at least 30 times your deposit before you’re allowed to withdraw ANY money.

So, if you deposit $200, your money is trapped in the account until you bet with the equivalent of $6,000.

As such, you’re going to lose that $200 unless you have a massive win, which is highly unlikely.

Given the restrictive nature of a welcome bonus, it is less relevant than the VIP program and promotions offered by a site.

VIP package

Traditional casinos often treat loyal customers to perks such as free dinners and luxury accommodation.

Obviously, Solana esports betting sites cannot do this, but most of them try to make big spenders feel special via a VIP program.

Top-rated sites tend to push the boat out in the knowledge that if they don’t, someone else will.

Many sites use points reward systems where players earn a point for every dollar they spend on a site.

Once you reach 1,000 points, you receive $10 cash back with no other strings attached.

Such packages aim to entice big spenders to return to the esports betting platform regularly.

Further examples of VIP gifts include birthday gifts and access to a ‘concierge’ who is at your disposal.

Sadly, plenty of SOL esports betting sites fail dismally regarding their VIP offerings.

If the lack of a good program is a dealbreaker for you, read our Solana esports betting site reviews to learn whether sites offer VIP packages worthy of the name.

Are the promotions worth your time?

Rather than emphasize the volume of promotions, it is more helpful to focus on the standard.

Sites that provide a constant stream of promotions are often guilty of diluting the quality.

In fact, conventional esports betting sites usually have little interest in spending time and effort on worthwhile promotions.

Instead, they offer bonuses with many stipulations that are almost impossible to benefit from genuinely.

These days, Solana esports betting sites blow their old-fashioned counterparts out of the water when it comes to promotions.

The result of better rewards is a vastly improved user experience.

Payments

Regardless of everything else offered by esports betting sites with SOL, they’re best avoided if they fail to ensure quick and easy transactions.

When reviewing these sites, we look into withdrawal speed and limits, along with the number of cryptocurrencies you can use.

Withdrawal speed

If you want rapid transactions, Solana should be your currency of choice.

While some digital currencies can process a few transactions per second, others can perform tens of thousands.

Given the market’s competitive nature, Solana esports betting sites understand the need for speed, and some offer virtually instantaneous withdrawals.

The CryptoManiaks team tells you which sites excel regarding withdrawal time and which falter.

What are the withdrawal limits?

Traditional esports betting platforms continue to annoy users by preventing them from withdrawing reasonable sums of money at once.

Even sites with the most generous limits are unlikely to allow weekly withdrawals of over $10,000.

Imagine winning $100,000 in this scenario; it would take almost two and a half months to withdraw it!

Fortunately, there are no such issues with the best SOL esports betting sites, as they offer generous withdrawal limits.

There are plenty of sites that offer limitless withdrawals.

With this in mind, you know that a gigantic win can be transferred in moments.

Cryptocurrency choice

There are thousands of cryptos to choose from, with developers creating new ones at an astounding rate.

Unfortunately, only a small fraction of the market has genuine growth potential.

Therefore, it is understandable for esports betting websites with Solana to remain selective regarding the coins they allow.

Even so, you should be able to use Ethereum, Bitcoin, and other well-known cryptocurrencies.

Does your country allow Betting with money?

Even today, dozens of countries don’t allow gambling of any kind.

Regrettably, people in such countries register with esports betting sites that accept Solana, believing they can get away with wagering.

The SOL esports betting sites on our top-rated list make sure they’re available to users where gambling is legal, giving them the option to bet on casino games or sports.

If you attempt to register with such sites from a country with a gambling ban, you’ll quickly learn that it is almost impossible.

In contrast, scam esports betting sites accepting SOL don’t care about legality and allow you to join no matter where you live.

They do this because they can claim ignorance of the user’s location at first.

Once you deposit money, however, they ask for verification details and ban you while withholding your money.

Some eager gamblers hide their location with a VPN to bypass geographical restrictions.

Legit esports betting sites accepting Solana will ban you if they find out, but at least you’ll get your money back.

Even if you don’t lose money in the end though, you’ll have bigger problems if law enforcement in your country catches you!

Is the Solana Esports Betting Site reputable?

The permanent nature of Solana transactions is a great feature, but it can also cause major problems.

All it takes is one minor error when sending crypto for you to lose it forever.

Register with a shady Solana esports betting site, and you can similarly wave ‘adios’ to your digital coins.

Remember, Solana is decentralized, so there is no higher authority to which you can complain

As a result, you must find as much relevant information on esports betting sites with Solana as possible before using them.

While we encourage you to conduct research, we also invite you to read our reviews.

We spend hours on each esports betting site that accepts Solana we review, noting our experience, and also get additional first-hand information from real users.

By the time we’re finished, we will tell you everything you need to know about the reputation of each site we cover.

Customer service standard

The importance of reliable customer service can’t be overstated.

Without one, you’re completely lost if anything untoward happens on the esports betting site with SOL.

A well-trained customer support operative can help you relax if there is an issue.

Our team investigates the general standard of customer service on every site we review.

This includes details of our interactions with several agents, emphasizing speed and helpfulness.

Esports Betting: An Overview

Esports, also known as electronic sports, is a form of competition that involves expert video gamers.

Far from being a relatively new occurrence, there is evidence of video game competitions going back 50 years.

Despite threatening to become a fixture in the entertainment industry with TV events in the 1980s, esports only achieved global prominence recently.

Today, it has an extraordinarily large fanbase and is so fashionable that it could become an official Commonwealth Games event in 2026.

If you’re interested in wagering on this non-conventional sport, plenty of Solana esports betting websites can cater to your needs.

If you want a deep dive into the betting possibilities, including important markets, leagues, and tournaments, read our exclusive guide.

If that isn’t enough, we also check out the upsides and downsides of esports betting.

What esports games are the most popular?

There’s plenty of choice with dozens of games played by professional gamers across several genres.

Here are a few of the most relevant genres and their most popular games:

  • Fighting Games: Super Smash Bros., Killer Instinct, and Street Fighter

  • First-Person Shooters: Call of Duty, Team Fortress 2, and Special Force II

  • Multiplayer Online Battle Arena (MOBA): Arena of Valor, Vainglory, and DOTA 2

  • Racing: Gran Turismo Sport, rFactor 2, and Trackmania

  • Sports: Pro Evolution Soccer, Rocket League, and Madden

Not every esports betting site that accepts Solana boasts all of the above, so make sure you read our reviews to learn more about the exact games offered by each site.

What are the best-known esports leagues?

In general, professional gamers are members of specific teams who compete in multiple electronic sports games within various leagues and tournaments.

In one-on-one games, the ‘team’ is represented by one player.

Professional esports players are known to practice for 50+ hours a week in a bid to perfect their craft.

At the elite level, this level of practice is rewarded with lucrative prizes.

While there is an immense number of leagues and tournaments taking place throughout the year, here are some of the best known:

  • FIFAe World Cup

  • RCLS: Rocket League World Championships

  • League of Legends World Championship

  • The Six Invitational

  • M3 World Championship

The far-reaching appeal of esports means there are a remarkable number of spectators.

The Worlds 2021 event accumulated over 174 million hours watched, with nine events exceeding 50 million hours watched that year.

With esports betting sites with SOL showing dozens of events each day, you won’t run out of things to risk Solana on.

What esports markets are available?

The betting markets can be different depending on the game genre.

Nonetheless, don’t let the different names confuse you; the markets are akin to what you’ll find in conventional sports.

Here are five popular games available on Solana esports betting sites and some of the likely betting options:

  • DOTA 2: Map totals, the first team to Destroy Barracks, and over/under kills

  • FIFA: Half-time correct score, team goals, and match goals

  • NBA 2K: Over/under points, spread, and team totals

  • League of Legends: Race to x kills, map duration, and first team to Destroy Inhibitor

  • StarCraft: Game line, match handicap, and correct map score

Solana esports betting sites tend to have a wide selection of in-play markets too.

Advantages and disadvantages of esports Betting

The massive growth in the esports wagering market is clear for everyone to see.

Yet, risking SOL before learning the pros and cons of the practice is inadvisable, which is why we discuss them below.

Advantages of esports Betting

Here are the upsides of staking SOL on electronic sports:

  • As it is still a fairly new addition to the betting market, some esports betting sites could get caught out if you know what to look for

  • There’s no possibility of poor weather conditions changing the course of a game

  • You are spoiled for choice because there is a remarkable number of games and tournaments to wager on daily

  • Understanding and betting on these markets is easy for the most part

  • Once you wager on an event and start watching, you’ll be hooked by the excitement

Esports Betting: Cons

However, betting on esports comes with risks and downsides attached:

  • The top-rated esports betting sites with Solana already have access to huge amounts of data and make few pricing errors

  • With so many games, players, and leagues, researching esports is exceedingly time-consuming

  • As is the case with real sports, an electronic sports player could be sick or have other reasons for underperforming that you’re unaware of

  • The esports schedule is unfixed, unlike real sports, and tournaments can be canceled or postponed

  • As matches are held around the world, they begin on local time, which may prove unsuitable for you

Ultimately, if you want to wager on esports, you’ll probably find that there are more pros than cons.

Register today if you believe you can beat Solana esports betting sites due to your knowledge of video game competitions.

Good and Bad of Using Solana on Esports Betting Platforms

Using Solana for betting could be hard to comprehend, particularly for newcomers.

Before selecting this payment option, you should first familiarize yourself with Solana betting.

Overview of Solana

Created by Raj Gokal and Anatol Yakovenko, Solana is an open-source and public blockchain.

It supports smart contracts, non-fungible tokens, and Defi Apps.

The Solana project is operated by a Geneva-based company, Solana Foundation.

The native token of the crypto is SOL with a market capitalization of more than $66 billion.

Solana utilizes a proof of history solution and its blockchain is a proof of stake.

Pros of using Solana

Be sure to check some benefits of using Solana for betting.

Solana's transfers are prompt

As the fast crypto option for betting, Solana accepts up to 50,000 transactions per second.

As a result, Solana is more recommended for betting than its rival Ethereum.

Solana’s fees are low

SOL’s wagering fees are affordable or less than 1c per transfer.

This is a result of proof of stakes consensus, a more affordable option than proof of work.

Solana delivers regular awards

If you decide to stake your Solana esports betting sites winnings, you can easily get rewards.

This is possible by opening a stable crypto wallet that supports staking.

Drawbacks of using Solana

Be sure you know the drawbacks of Solana betting.

Solana is centralized cryptocurrency

SOL is not decentralized enough when compared to its rival Ethereum.

With only 1000 validators, Solana’s security is lower compared to other crypto esports betting companies.

As a result, people don’t express interest in investing their winnings from Solana esports betting sites.

SOL is unstable

Solana is not as stable as the Ethereum network, so people may be concerned about investing their betting winnings.

After some stability concerns during 2021, the same could happen with Solana in the future.

Solana has a restricted number of projects

If you want to use Solana on esports betting websites, be aware that this crypto has only 350 active projects.

The number of active projects is lower compared to Ethereum which has about 300.

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Written by

Tamara T.

Tamara is an entrepreneur and content specialist. She is passionate about gambling and cryptocurrency world, having worked on different casino and crypto writing projects. Tamara is also interested in legislation, investments, and DeFi.

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