Why Should You Choose Dogecoin Betting Sites?
By now, you’ve probably heard a lot of hype about Dogecoin betting sites and want to know if it is justified.
In fact, these sites do deserve praise as they offer many more benefits than their fiat accepting rivals.
Keep reading to discover why you should choose them.
Anonymity
There remains a stigma around the use of betting sites.
Banks, in particular, are against the idea of wagering on one of these sites.
They like it when you fund your hobby with fiat, as it is easy for them to trace.
Banks will even tear up your loan application if you’re caught using a sports betting website.
If you want your pastime to remain hidden from the bank, use Dogecoin, not fiat.
These transactions take place away from the prying eyes of the banking system.
Consequently, you keep banks out of the loop and can use a betting platform with no chance of them catching you.
Crypto is the present; fiat is the past
We have used fiat currency for a long time, but it is approaching its sell-by date.
The consistent printing of paper money reduces its value.
As a result, the fiat stored in your account will inevitably reduce in value over time.
As Voltaire famously wrote: “Paper money (…) eventually returns to its intrinsic value – zero.”
In contrast, the most popular cryptocurrencies are in a growth phase, so they are likely to increase in value.
Consequently, if you earn Dogecoin on a betting site, it could act as a hedge against the inflation that cripples fiat.
Dogecoin is the future; fiat currency belongs in a museum.
Better safety
Opponents of crypto point out that hacks and thefts are relatively common in the market.
Nonetheless, the majority of problems relate to cryptocurrency exchanges.
DOGE betting sites, on the other hand, usually provide a haven for users.
All DOGE transactions are protected by a network that verifies them while also offering encryption security.
In addition, it is extremely difficult to decode a transfer’s private key due to its length and complexity.
Crypto experts often point out that debit and credit cards are more vulnerable than Dogecoin.
More enjoyable UX
Standard sports betting sites provide a dull user experience compared to the better quality of DOGE betting sites.
This is how these new sites give you an improved UX:
Faster transaction times, so you send and receive money faster
Reduced transactions fees
Special bonuses for using Dogecoin
Websites with a modern design
Higher deposit and withdrawal limits
Less likely to get restricted for being profitable
If you’re a serious bettor, there’s no reason to delay registering with DOGE betting sites.
Four digital currencies to consider
These days, there are probably 13,000 crypto assets available, and the number continues to rise.
However, most betting platforms that allow digital currency use only accept a handful.
Below, we feature four digital currencies commonly used on sports betting websites that authorize crypto transactions.
Selecting The Top-Rated Dogecoin Betting Sites In 2024
As a Canadian, you are spoiled for choice when it comes to Dogecoin betting sites in Canada.
Yet, it is essential to take your time and choose carefully.
Selecting the wrong one for your needs could impact your user experience.
However, our team has come to the rescue by offering an outline of what to look for during your search.
Dogecoin
Dogecoin was created as a prank by Billy Markus and Jackson Palmer in December 2013.
It is known for the image of the Shiba Inu dog that features on its logo.
Despite its origins, this particular cryptocurrency is now taken seriously, with Elon Musk, the founder of Tesla, often tweeting about it.
Find out if your preferred sports betting website accepts DOGE and benefit from rapid deposits/withdrawals and a strong layer of security.
One possible issue with Dogecoin is the lack of a supply limit, which may cause inflation; also, few sites enable you to use it.
Bitcoin
Developed in January 2009 by someone known as ‘Satoshi Nakamoto,’ Bitcoin was the first cryptocurrency.
It is the most valuable coin, having exceeded the trillion-dollar market cap mark.
Since Bitcoin has the greatest value and is the best-known cryptocurrency, practically all crypto sports betting sites allow its use.
BTC’s cost is one issue; it requires a big investment to own a relatively small amount.
On the plus side, the Bitcoin network is incredibly secure and has never been successfully hacked.
Ethereum
Ethereum is the second biggest digital coin, well ahead of the rest of the field.
Created by Gavin Wood and Vitalik Buterin and released in July 2015, ETH has experienced a rapid increase in value as its benefits become clear.
If you want lightning-quick deposits or withdrawals, Ethereum is ideal; its transaction time is 12 seconds!
Some crypto experts believe ETH could one day surpass Bitcoin as the number one currency, so you have to decide if it is worth buying now.
Litecoin
Litecoin is a Bitcoin spinoff created in October 2011 by Charlie Lee.
However, it soon gained a loyal following, which resulted in its value soaring, and it is now comfortably in the top 20 coins in market cap terms.
The benefits of using LTC include tiny transaction fees and rapid deposits and withdrawals.
We recommend reading our reviews to see if the betting platform of your choice accepts it.
Credibility
Perhaps the single most important aspect of finding a high-quality DOGE betting site involves investigating its reputation.
Sadly, if a shady DOGE sports betting website hangs on to your DOGE, there’s no action you can take to get it back.
The non-reversible nature of digital currency transactions means there is no central authority to take action on your behalf.
Therefore, it makes sense to check out our reviews to learn more about the reputation of Dogecoin sports betting platforms.
Overall, it is essential to discover if the Dogecoin sports betting website:
Is trustworthy
Enables you to get hold of your money easily
Has customer support worth mentioning
Transactions
The rapid nature of Dogecoin transactions is one of its biggest plus points.
However, not every sports betting site with DOGE excels in this department and may also have some limitations.
Don’t use any DOGE betting site until you’re happy with the answers to these three questions about transactions:
How quickly does the site process deposits & withdrawals?
How many payment methods are available? (Such as BTC, ETH, LTC, or DOGE)
What is the maximum amount you can deposit and withdraw?
The best Dogecoin Betting Sites are in our guide
You’ll find a ton of information about Dogecoin betting sites online without question.
The problem is that much of this content contains factual errors.
In most cases, sites that provide faulty information are too lazy to find the truth.
We’re different; our team goes to great lengths to ensure every word in our reviews is based on our actual experience on the betting site.
It might take us days to complete enough hours of play to be satisfied that we’ve analyzed everything.
It is challenging, but we enjoy the process because we know the result is the best set of reviews around.
We have already reviewed hundreds of sports betting websites and plan to cover as many as possible.
Quality and quantity of options
When you’re using a betting platform, variety matters.
Regardless of all the other features on Dogecoin betting sites, if they offer limited choices, it won’t take long for you to get bored.
Therefore, investigate a site’s markets, game quantity, and special features to see if it holds your attention.
Furthermore, focus on the standard of the site.
Regardless of quantity, if you’re forced to use the same kind of games and markets, your patience quickly wears thin.
Furthermore, focus on sites that provide the best odds and huge jackpots to get value for your Dogecoin.
Bonus quality
Typically, sports betting websites offer bonuses as a means of bringing in new customers.
The types of rewards on offer include, but aren’t limited to:
Welcome bonus
Rewards for the use of DOGE
VIP bonuses
No deposit bonuses
Reload bonuses
Carefully look into the terms and conditions linked to every bonus.
While you might think they provide a reasonable benefit, you can expect the site to add restrictive terms.
For instance, you must bet through your welcome bonus deposit 30+ times before withdrawing it.
Customer service
You also want a site that solves customer complaints quickly and effectively.
By themselves, good features and easy deposits aren’t guaranteed to offer a good user experience.
When Dogecoin betting sites in Canada ignore their customers, they are a waste of your time and money.
A sports betting website with poor customer support can quickly cause frustration and anger.
Conversely, trustworthy Dogecoin betting websites act fast and decisively when a customer has a problem.
Such organizations specialize in effective response to customer issues, ensuring players happily return to the site.
Dogecoin Betting Sites: The Weapon Of Choice For Gamblers
Dogecoin betting sites in Canada are a relatively new creation and are already threatening the power of conventional bookmakers.
Why? Because these new betting platforms are leaving their fiat currency accepting counterparts in the shade.
What sports and markets are available?
If you use the top-rated DOGE sports betting sites, you’ll quickly determine practically no difference between the sports available compared to standard sports betting sites.
It doesn’t matter if you love tennis, swimming, or badminton; crypto accepting sites will not disappoint.
‘Soft’ bookies struggle to match the number of markets available too.
For the record, a ‘soft’ bookie is for casual users, whereas ‘sharp’ firms are geared towards professional gamblers.
In any case, you might find a better range of long odds markets on Dogecoin betting sites.
This is great news if you dream of winning big.
Electronic sports
Dogecoin betting sites in Canada have welcomed the eSports revolution, a form of competition involving video games.
Video gaming superstars from around the globe engage in various tournaments with major cash prizes up for grabs.
If you’re interested in eSoccer, Apex, and SCII markets, a majority of Dogecoin sports betting sites have you covered.
Those who win money from eSports understand the need to gather and analyze huge data sets.
Yet, this effort is well worth it because you can potentially profit on Dogecoin sports betting sites.
More freedom & stable odds
If you’re a savvy punter, soft sports betting platforms have likely restricted your bets or perhaps suspended you altogether.
Unfortunately, the industry continues to get away with banning punters who show some ability to win.
An account restriction means you can only bet with cents on a market, leaving you no choice but to register with a new betting website.
If you deposit with a trustworthy sports betting site that accepts Dogecoin, you can continue your winning strategy with a lower risk of restrictions.
Too often, soft bookies slash a market’s odds, ruining your chance of getting value.
With Dogecoin betting sites, the odds tend to move less rapidly, increasing the opportunity of seeing value odds on an event.
Does Canada Legally Allow Sports Betting Websites & Digital Currency?
Your ability to enjoy DOGE betting sites boils down to your nation’s laws regarding both betting and cryptocurrencies.
You might find that your nation has no issue with digital assets but forbids gambling, or it might allow betting but not crypto.
Attempting to use Dogecoin sports betting sites when they are illegal in your country is a big mistake.
Should the site choose to ban you and keep your money, there’s nothing you can do about it.
Fortunately, Canadian residents are free to use sports betting sites with Dogecoin!
I live in Canada; can I legally use DOGE?
Absolutely! In Canada, you have the right to use Dogecoin exchanges and make transactions with the new currency.
However, it is not classified as legal tender.
As a result, the Canadian Revenue Agency (CRA) won’t let you use it to pay your taxes.
Unfortunately, the CRA also mandates that any profit you earn from crypto is taxable.
Therefore, you must report gains or losses on it when filing your tax returns.
Also, cryptocurrencies are unregulated in Canada.
Hence, we have a situation where most companies won’t accept them due to the perceived risks.
In contrast, Dogecoin betting sites in Canada are happy to take the risk as it is a means of improving their revenue.
Is it legal for a Canadian to Wager online?
Yes, online wagering is perfectly legal in Canada.
The lawful age for gambling in the country is 19.
Except in Quebec, Alberta, and Manitoba, all of which allow you to bet when you’re 18.
Unless the CRA declares you a professional gambler, any money you make from successful wagers remains untaxed.
On the side of betting websites, no business in this industry is legally allowed to operate within Canada’s borders without the permission of a provincial government.
Nevertheless, approximately 1,000 unlicensed offshore sites currently exist and offer games to Canadians.
Where is the best place to purchase DOGE?
You can purchase Dogecoin on exchanges.
In Canada, there is protection for users as crypto exchanges are regulated as money services operations.
Consequently, to continue operating, these organizations must comply with rules relating to verification, recordkeeping, reporting, and a whole lot more.
A rule that came into play in June 2020 legally requires these businesses to register with FinTRAC.
This is Canada’s government agency in charge of handling financial crimes.
Strong regulation in Canada and a high level of Dogecoin security means buyers and users are well protected.
Single-game betting is now legal
Canada’s betting rules come from the Criminal Law Amendment Act of 1968-69.
The government then handed control of gambling laws over to the provinces in 1985.
Ultimately, the law was a massive boost for the casino industry as a significant number opened throughout Canada.
These laws are still in operation today and regulate online gambling in Canada’s provinces.
A recent change to gaming law in Canada finally eliminated an unusual rule that was unhelpful to bettors.
According to this ruling, only parlay bets were legal as single game bets were outlawed until August 2021.
Ultimately, things changed thanks to C-218, a law passed to end the prohibition of single-game wagers.