Best Polygon Casinos 2023
FASTER AND CHEAPER THAN ETHEREUM
It’s still rare to find Polygon casinos, but we have found a few for you to enjoy. Currently the 8th biggest crypto token by market share, more crypto casinos are expected to start offering MATIC as a payment method. Watch this space!
In this guide to Polygon casinos, you will learn more about the coin, the advantages and disadvantages of using it at casinos, and links to the latest casinos offering MATIC casino play.
Polygon Casinos Top List
We will add more trusted Polygon casinos as more operators start accepting MATIC. Cloudbet is an exceptional crypto casino – one of the pioneering actors in the space since 2013. It also accepts loads more top cryptos. Play all your favourite games like live casino, slots, table games, and jackpot games. Plus crypto games like Plinko and Dice.
Polygon Casino Gambling Guide
What is Polygon?
Polygon (formerly known as the Matic Network) launched in October 2017. It was co-founded by Jaynti Kanani, Sandeep Nailwal and Anurag Arjun, the former experienced blockchain developers and the latter a business consultant.
Before creating its network in 2019, the Polygon team was a sizeable contributor to the Ethereum space. The team is credited with implementing the Plasma MVP, the WalletConnect protocol and the Dagger event notification engine on Ethereum.
In its current form, the Polygon platform is the first well-structured, easy-to-use platform for Ethereum scaling and infrastructure development. The core component is Polygon SDK, a modular framework that supports the building of multiple types of applications.
It shares some characteristics with other multi-chain systems like Avalanche and Polkadot, but with the advantages of Ethereum’s security, vibrant ecosystem and transparency.
Polygon can handle up to 65,000 transactions per second on a single side chain and a block confirmation time of under two seconds. The framework permits the creation of globally available decentralized financial applications on a single foundational blockchain.
MATIC are the native tokens. It is an ERC-20 token running on the Ethereum blockchain. These tokens are used for payment services and as the settlement digital currency between users on the Polygon ecosystem. The transaction fees on the sidechains are paid in MATIC tokens.
How much is a MATIC?
How much is a MATIC worth in fiat?
MATIC was launched in 2017 as a utility token before it was rebranded to Polygon in February 2021. Before the rebranding, the price of MATIC had been experiencing some stability, hovering at around $0.02 to $0.03 from 2020 to early 2021. However, after the rebranding, the fiat currency price of MATIC began to experience significant growth, which continued throughout the first half of the year.
In May 2021, MATIC reached an all-time high of $2.68, mainly due to the bullish trend in the crypto market at the time. However, this growth was followed by an inevitable price correction, and the cryptocurrency experienced a dip in value, which coincided with a market-wide bearish trend. The price dipped to around $0.70 in June before starting to recover.
Since the dip, the price of MATIC has been on a steady upward trajectory, trading at around $1.50 as of August 2021. This growth can be attributed to the consistent developments and partnerships that newtork has been securing throughout the year.
But by March 2023, the price has settled at around $1-1.10.
There is a max supply of MATIC of 10,000,000,000 with 80% in circulation.
Advantages of Polygon Casinos
Play 1000s of games – slots, roulette, blackjack, poker, baccarat, slots
Start playing with MATIC in just a few minutes with the Gambling Crypt recommended Polygon casino sites. Cloudbet, Betfury and BC.Game have thousands of incredible games, including crypto games like Plinko, Dice and Crash with a tiny house edge of just 1%.
The Polygon casinos we recommend typically have more games than traditional casinos, so alongside slots, video poker, craps, live dealer games, and sports betting, you’ll find exclusive casino game options at each site.
These Polygon casinos have all the casino fun you want. What are you waiting for?
VIP perks
When you choose an online casino on the internet, new players want to choose casinos sites with a good reputation, easy registration, a decent deposit bonus on your first deposit, free or low fees on deposits and withdrawals, and of course, great promotions and VIP perks like Free Spins, a crypto faucet, backed up with good customer service via email, Twitter, or live chat support team.
The best casinos on Gambling Crypt offer all this and more. Choose your favourite Polygon casino site from our recommendations above.
Low transaction fees for gaming
The gas fee usually moves from $0.0005 to $0.2 – effectively free. This makes it a solid alternative to Bitcoin casinos or Ethereum casinos, where the gas fees are much higher.
If you make regular deposits and withdrawals at casinos, you don’t want to consistently pay high gas fees as it will eat into your profits.
Extremely fast transactions from your wallet
The Polygon PoS offers a transaction speed of about 72000 tx/sec, which compares highly favourably to Ethereum’s 15 tx/sec, with around 10000X lower transaction fees.
While deposits and withdrawals at crypto casinos are always marketed as instant, if your transaction is stuck because the network is busy, it will not be instant. Polygon is one of the fastest coins around, so it’s a great coin to use at crypto casinos.
Great for decentralized casinos and Dapps
While we don’t recommend many dapps currently, we expect the space to mature in the next year or so, and there could be some extraordinary developments regarding casinos. Polygon casinos could be at the heart of this. The chain has all the benefits of Ethereum but without the disadvantages. More and more developers are moving to the Polygon network to escape high Ethereum fees, and as the coin grows in popularity, we’d expect more casinos to jump on it.
Disadvantages and cons of MATIC Casinos
Competition from other cryptocurrencies
Many newish networks are trying to do similar things to Polygon. That includes Avalanche, Solana, BNB, and Polkadot. They can’t all win, and one or more will surely start to fall away as the competition increases.
Polygon blockchain is entwined with Ethereum
While Polygon has set out to address many of the flaws with Ethereum, it’s essentially only a scaling solution for Ethereum. If Ethereum loses market share, MATIC’s usefulness and value will decline. And therefore, there will be no incentive for more Polygon casinos.
Lack of MATIC casino options
MATIC is not a popular coin at crypto casinos. There are very few Polygon casinos offering deposits and play using the token. And even fewer that we would recommend. This should change if the coin continues to prove popular, but it’s very much a wait-and-see scenario at this moment. It’s much easier to play with BTC, Litecoin, USDT, USDC, and Dogecoin. Head to the Coins tab at the top of the page to see more crypto gambler options.
Not a top token choice for anonymity
Polygon is not an anonymous blockchain. While it offers some privacy features, such as the ability to create private or permissioned chains, it is not designed to provide complete anonymity.
Transactions on the network are publicly visible on the blockchain, and while users can use pseudonyms or anonymous addresses, their transactions can still be traced back to them if they are linked to a real-world identity.
While this is unlikely to be an issue for most players playing at a Polygon casino, some people prefer more anonymity.
What’s the best Polygon casino?
Gambling Crypt recommends Cloudbet, Betfury and BC.Game. All are crypto-focused casinos offering 1,000s of games, incredible promotions and offers, and a cool user experience. Claim your welcome bonus now and start your crypto casino adventure!
