What Attracts Gamblers To Solana Gambling Sites?
If you want to make gambles online, top-rated Solana gambling sites have virtually everything you need.
Apart from allowing winners to stay longer than soft bookmakers, Solana gambling companies spoil you for choice in sports and markets.
They also provide a large choice of casino games.
Not to mention poker tournaments where you get to compete against real opponents.
Unlike regular casinos, where you can only use one table at a time, the online version lets you get involved in numerous tables simultaneously.
Casino Games
If you want to try casino classics but there’s no physical location nearby, allow a SOL gambling websites to captivate you.
Those who are into authentic casino games like blackjack and roulette enjoy their time online.
Apart from giving you the old-school feel of casino staples, Solana gambling sites add a new twist.
Even so, you must remember that the house edge remains similar, so stick to games where your chance of winning is at its highest.
For instance, the casino has a 1.24% advantage in baccarat when you back the player, but the edge is just 1.06% when your Solana goes on the banker.
Other great Solana gambling website gaming options include Keno, Let Em Ride, and Vegas Three Card Rummy.
Poker
Although plenty of video poker games are available, nothing beats the thrill of beating a human instead of a machine.
Once you register on any gambling site that accepts Solana, you can get involved in a proper game to see how good you are.
You can choose between several poker game options, but most people prefer to try one of the following.
Five card draw
Europeans have played Five Card Draw for centuries, and this simple version of poker begins with each person receiving five cards face down.
Players must add a set amount to the pot, and once they receive their cards, they can make another gamble.
To win Solana after the first gamble, you can continue with your five cards or discard up to three and ask for new ones.
Texas Holdem
If you’re a fan of poker, you’ve almost certainly heard of Texas Holdem.
After receiving two cards, the players have the chance to improve their hands using up to five extra community cards.
The goal is to try and make the best possible five-card hand.
The No Limit version is among the most exciting forms.
Sports Betting
You’ll find it easy to locate whatever sports or market you want on Solana gambling sites.
Soon, these sites will offer more than fiat gambling platforms, if they don’t already.
It doesn’t matter if you think Tyson Fury will finally lose or the Knicks will win the NBA Finals; you’ll find the right market on Solana gambling sites.
You can even get involved on major events such as the World Cup or Olympic Games.
A growing number of punters banned and restricted by old-fashioned gambling websites flock to these Solana gambling sites.
They can continue using their skills to earn money in the long run.
The house may win most of the time, but world-class bettors can still make money off gambling sites.
With the widespread availability of Canada Solana gambling sites, they no longer need to fear running out of places to gamble money.
How To Find The Best Solana Gambling Sites In 2024
As a Canadian, you are spoiled for choice when it comes to SOL gambling sites.
Nonetheless, it’s important to avoid rushing your decision.
Otherwise, you might regret your choice.
Fortunately for you, here’s an overview of the criteria to consider when searching for a suitable site.
Credibility
Your first action should be to analyze the Solana gambling site’s online reputation.
If the Solana gambling website keeps your Solana and refuses to release the funds, you are powerless to stop it.
With no higher authority to complain to, scam sites can easily steal a customer’s money since crypto transactions are non-reversible.
This is why you should read our exclusive reviews, where we outline whether gambling sites that accept Solana deserve your trust.
Ultimately, you need to know that the Solana gambling site in question:
Is trustworthy
Enables you to get hold of your money easily
Has customer support worth mentioning
Payments
One of the benefits of using Solana is the incredibly fast transaction time.
However, not every SOL gambling website excels in this department and may also have some limitations.
Here are three questions to ask regarding SOL gambling website 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?
Rewards and bonuses
Typically, gambling companies offer bonuses as a means of bringing in new customers.
Here are a few of the bonuses you can expect to find:
Welcome bonus
Bonuses for using Solana
VIP programs
No deposit bonuses
Reload bonuses
Carefully look into the terms and conditions linked to every bonus.
They usually seem generous but often have strings attached.
For instance, you must gamble through your welcome bonus deposit 30+ times before withdrawing it.
Assortment of games and markets
No matter what gambling website you use, boredom quickly hits if there isn’t enough choice.
Regardless of all the other features on SOL gambling sites, if they offer limited choices, it won’t take long for you to get bored.
Look for sites with enough games, markets, and other options to keep you entertained in the long run.
Also, pay attention to the overall quality of what’s available.
Even if there are many options, generic games and sports markets soon lose their appeal.
Furthermore, focus on sites that provide the best odds and huge jackpots to get value for your Solana.
Customer service
The site you want to use is one that genuinely cares about its clientele.
It doesn’t matter if you have tons of options and can quickly withdraw and deposit SOL.
When gambling sites that accept Solana ignore their customers, they are a waste of your time and money.
If you use a gambling site with rude or unresponsive customer support, it is easy to get annoyed.
On the contrary, SOL gambling websites dedicated to high-quality customer service are usually highly rated.
Such companies help solve issues efficiently, so you can enjoy the site.
The best Solana Gambling Sites are in our guide
It is simple to get information about Solana gambling sites online.
Sadly, misinformation and outright lies are features of Internet content.
In most cases, sites that provide faulty information are too lazy to find the truth.
We like to do things right, which is why we thoroughly examine gambling platforms.
It might take us days to complete enough hours of play to be satisfied that we’ve analyzed everything.
However, it is worth it to provide what we believe are the best reviews in the industry.
We have already reviewed hundreds of gambling websites and plan to cover as many as possible.
Four digital currencies to consider
These days, there are probably 13,000 crypto assets available, and the number continues to rise.
However, most gambling platforms that allow digital currency use only accept a handful.
Below, we feature four digital currencies commonly used on gambling websites that authorize crypto transactions.
Solana
Solana is a blockchain platform and crypto option, hosting scalable and decentralized apps.
It was created in 2017 as an open-source system by the Swiss company, Solana Foundation.
Its native cryptocurrency SOL takes the 5th position in the market with a capitalization of $66 billion.
Solana is recognized for lower transaction costs on gambling companies and better processing time than Ethereum.
It uses proof-of-stake blockchain alongside proof of history technology.
Ethereum
Ethereum is the second biggest digital coin, well ahead of the rest of the field.
Vitalik Buterin and Gavin Wood created ETH in July 2015, and its array of benefits has helped its value grow significantly.
With a transaction time of 12 seconds, Ethereum is one of the best options for rapid deposits and withdrawals.
According to many digital currency experts, it is best to purchase ETH now as its value might eventually exceed Bitcoin’s.
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.
As it remains the #1 digital coin, virtually every crypto gambling company readily accepts Bitcoin.
However, its enormous value means you’ll have to pay a significant amount of money to buy a decent amount of BTC.
Yet if you want security, Bitcoin is a great choice; no one has ever hacked its network.
Dogecoin
Dogecoin was created as a prank by Billy Markus and Jackson Palmer in December 2013.
It is famous for featuring the face of the Shiba Inu breed of dog.
With fans such as Tesla’s founder, Elon Musk, this crypto asset has a potentially bright future.
Find out if your preferred gambling site 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.
Reasons to Try Solana Gambling Sites Today
By now, you’ve probably heard a lot of hype about SOL gambling sites and want to know if it is justified.
Ultimately, they ARE better than conventional gambling companies and are likely the future.
Let’s check out a few arguments in their favor.
Crypto is better than fiat
Fiat currency is old-fashioned and no longer suitable for the world we live in.
The consistent printing of paper money reduces its value.
Consequently, any fiat currency you hold is guaranteed to decrease in purchasing power terms.
To quote Henry Ford: “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before morning.”
The biggest crypto assets are different insofar as they are currently growing in value.
Consequently, if you earn SOL on a gambling platform, it could act as a hedge against the inflation that cripples fiat.
Solana is the future; fiat currency belongs in a museum.
Anonymity
There remains a stigma around the use of gambling sites.
The banking system continues to rail against gambling on such a site.
They like it when you fund your hobby with fiat, as it is easy for them to trace.
Indeed, they are known for refusing loans to customers who use gambling websites.
With Solana, you get the anonymity you crave.
These transactions take place away from the prying eyes of the banking system.
The outcome is gambling website usage with complete freedom.
More enjoyable UX
Those who try gambling sites accepting Solana often claim they find them more entertaining than conventional gambling websites.
Here are a few other advantages that lead to a superior UX:
Rapid transaction times so you’re not waiting to fund your account
Lower transaction fees
Additional bonuses when gambling with Solana
Up to date web design
Increased limits on deposits and withdrawals
A smaller chance of having your account closed for winning
As a gambler, you won’t regret switching to Solana gambling websites.
Safer transactions
Opponents of crypto point out that hacks and thefts are relatively common in the market.
Yet, most lawbreaking occurs on the digital asset exchanges.
In contrast, reputable gambling sites that accept Solana are relatively ‘safe.’
Solana transactions are encrypted and verified multiple times on the network.
Also, the private keys used in transfers are long and exceedingly hard to decode.
Crypto experts often point out that debit and credit cards are more vulnerable than Solana.
Canada's Take On Cryptocurrencies And Gambling Companies: Are They Legal?
Your ability to enjoy Solana gambling websites boils down to your nation’s laws regarding both gambling and cryptocurrencies.
While a country might allow gambling, it may not permit crypto, and vice versa.
While you can still try to register and deposit if you live in a country where SOL gambling sites are prohibited, it is an unwise choice.
There’s nothing to stop the gambling website from shutting down your account and keeping your money in this scenario.
Thankfully, Canada allows gambling site accepting Solana use as long as you follow the country’s general rules on crypto and gambling!
I live in Canada; can I legally use SOL?
Absolutely! In Canada, you have the right to use SOL exchanges and make transactions with the new currency.
Yet you should note that the Canadian government doesn’t see crypto as legal tender.
As a result, the Canadian Revenue Agency (CRA) won’t let you use it to pay your taxes.
Yet, the Agency considers profits on digital currency as taxable.
Thus, you must declare all profit and loss from crypto transactions on your tax returns.
Also, cryptocurrencies are unregulated in Canada.
This is why relatively few merchants accept digital currency transactions since there is no bank protection.
Canada Solana gambling sites are willing to make this choice, knowing they could attract a growing number of customers.
How do I obtain Solana?
Exchanges are probably the best place to buy SOL.
Bear in mind these exchanges are regulated like money services businesses in Canada.
This means they obey a detailed set of rules, including strict laws surrounding due diligence, reporting, and more.
A rule that came into play in June 2020 legally requires these businesses to register with FinTRAC.
This is the agency that deals with financial crimes in Canada.
Strong regulation in Canada and a high level of Solana security means buyers and users are well protected.
Can Canadians Gamble online?
Yes, online gambling is perfectly legal in Canada.
The lawful age for gambling in the country is 19.
The exceptions are Alberta, Manitoba, and Quebec, which permit 18-year-olds to gamble too.
Furthermore, you keep the money you win from gambling online as it isn’t taxed unless you’re deemed a professional.
As far as gambling companies are concerned, it is illegal to operate on Canadian soil without provincial government licensing or ownership.
Yet, an estimated 1,000 unlicensed offshore companies continue to serve Canadian customers.
An important new gaming law
Originally, Canadian betting laws came from the 1968-69 Criminal Law Amendment Act.
In 1985, the government allowed each province to regulate its gaming laws and determine if land-based casinos were permitted.
This piece of legislation led to a massive increase in the number of casinos throughout Canada.
This particular law hasn’t changed since, so provinces began allowing online gaming as we entered the Internet age.
A recent change to gaming law in Canada finally eliminated an unusual rule that was unhelpful to bettors.
This directive ensured that making a gamble on a single game was illegal until August 2021.
Finally, the government eradicated this rule via C-218, making it legal to bet on a single game.