Best Solana Casinos 2023
CHECK OUT THE HOTTEST SOLANA CASINOS
If you want to enjoy games at a casino where SOL is an accepted payment method, then you have come to the right place!
Here we list our favourite Solana casinos so that you can enjoy safe and secure crypto gambling with one of the hottest tokens around right now!
Top Solana Casinos List
We add more Solana gambling sites after we have checked them for fairness and quality. Know a Solana casino that should be on this list? Let us know!
Guide to Solana Gambling
What’s Solana?
Solana is a high-performance blockchain platform designed to enable fast, secure, and scalable decentralized applications (dApps) and cryptocurrencies. It was created by a team of engineers led by Anatoly Yakovenko and was launched in 2017. SOL is the native currency of the blockchain.
Like its rivals (Ethereum, Bitcoin, EOS, etc.), the SOL blockchain operates on a decentralized computer network. The blockchain manages and tracks the currency, recording every transaction that’s ever occurred.
But its main goal is to address the scalability issues that plague many existing blockchain platforms. It uses a unique combination of technologies, including a proof-of-history consensus algorithm, to achieve a high transaction throughput of up to 65,000 transactions per second (TPS). This is significantly faster than other popular blockchain platforms.
The tech uses a programming language called Rust, which is known for its performance, safety, and security. This makes it easier for developers to create efficient and secure dApps on the platform.
The project has gained popularity in the blockchain and cryptocurrency communities due to its high transaction throughput, low fees, and support for smart contracts. It has also attracted the attention of institutional investors and major cryptocurrency exchanges, which have added SOL to their trading platforms.
Many see it as a legitimate rival to Ethereum, and 2023 promises to be a big year for Solana and SOL casino sites.
But before you get your hopes up about Solana casinos, be aware it’s very much in its infancy as a token accepted by crypto casinos. We hope this will change soon, but there is not a massive choice for players right now.
SOL token and fiat currency
SOL was initially offered at a launch price of USD $0.22 and began to gain traction in the cryptocurrency market in August 2020. At that time, the cryptocurrency was trading at around $1.30, and it continued to rise steadily over the following months.
In February 2021, SOL experienced a significant price surge, rising from around $4 to over $15 in just a few days. This was due to a combination of factors, including increased demand for the cryptocurrency, positive sentiment in the market, and the release of several new projects on the blockchain.
SOL continued to experience strong price growth throughout the first half of 2021, reaching an all-time high of $58.03 on May 18, 2021. However, like many other cryptocurrencies, its price was heavily impacted by the market correction that occurred in May and June 2021. The price fell to a low of $21.57 on June 22, 2021, representing a drop of more than 60% from its all-time high.
Despite this significant drop, SOL is currently just outside the top 10 list of most valuable cryptocurrencies, with a market capitalization of around $7.5 billion.
As of March 2023, one SOL was trading at around $20.
Advantages of Solana Casinos
Gamble on blackjack, roulette, poker, Plinko, baccarat
Solana casinos like BetFury, BC.Game, and Cloudbet offer thousands of the best casino games. Play 1000s of slot machines, jackpots, live casino games, video poker, keno, and much more. Benefit from big limits on deposits and wagers, keeping both casual gamblers and high rollers happy.
Enjoy big deposit bonus/welcome package/welcome bonus offers for new players, as well as promotions for existing players like Free Spins and cashback.
Sportsbook, esports betting, and lottery
All the Solana casinos we promote on this page also take sports bets on big sporting events. Cloudbet also has esports betting on Dota 2 events and other big tournaments. A Solana casino account gives you so much more than just wagering on casino games.
Speedy payouts and minimal fees
A Solana casino transaction speed is rapid! The network is famous for handling tens of thousands of transactions a second – a significant advantage over the likes of Ethereum and BTC.
This speed makes it an obvious advantage for Solana casinos. Instant deposits and withdrawals are clearly a benefit for any crypto casino player.
As of March 2023, the average gas fee is around 0.00001 SOL per transaction, which is equivalent to around $0.0003 USD at current market prices. In other words – basically free!
Smart casinos
A Solana casino is forward-thinking, dynamic, and should be applauded for being among the first to implement SOL casino payments.
With their almost non-existent fees, Solana casinos can typically offer better odds and afford lower house edges on their games because they save so much in payment fees.
You can find unique games with ultra-low house edges, excellent VIP programmes, and even sports betting at the best Solana casinos.
Solana’s decentralized nature makes it difficult for hackers to compromise the network or manipulate transactions, which can help to increase user trust and confidence in any Solana casino platform.
You’re doing the environment a favour
One of the biggest threats to cryptocurrencies becoming more widely accepted is their poor environmental record.
You have probably read about how energy-intensive crypto mining is, with Bitcoin having a carbon footprint equivalent to whole nations.
Well, SOL can’t be mined and is not resource-intensive, and the company has implemented other measures to reduce energy consumption, such as transaction processing optimization and parallel processing, which allow for a high throughput of transactions with low energy consumption.
It’s dangerous to label any cryptocurrency ‘environmentally friendly’, but Solana certainly stands out as a much cleaner crypto token than many of its peers.
Cryptocurrencies give you more privacy
Solana casino play is not totally anonymous by default, but the network does provide some features that can enable users to maintain some degree of privacy.
SOL casino transactions are public on the blockchain, meaning that anyone can see the details of transactions, including the sender and receiver addresses, the transaction amount, and the transaction timestamp. However, Solana casino transactions never reveal the identity of the user behind a particular address, as users can create multiple addresses and use them for different purposes.
In addition, you can create and use tokens that can be used to represent assets or values, and these tokens can be transferred between addresses like other cryptocurrencies.
And your bank or anyone else who you don’t want to see any Solana casino payments will never be able to see them.
Disadvantages of a Solana Casino
Less player choice
We touched upon this in our introduction. The reality is there are not many decent Solana casinos online.
The good news is we have listed the best SOL casino sites on this page. Unlike other casino comparison sites that blindly list crypto casinos and misrepresent what tokens they actually accept, these really are real Solana casino platforms you can play at today.
More good news – as SOL continues to grow from strength to strength, we would expect more crypto casinos to start accepting it soon.
So look out during 2023! We’ll update our site with more Solana casinos when this happens.
Wallet volatility
SOL has been on a value rollercoaster since launching. From a low of $0.04 to a high of over $250 and back down to its current price (March 2023) of around $20, it’s obvious that SOL is not immune from price swings that affect other crypto tokens.
Be aware that the value of your winnings or deposits to a Solana casino may fluctuate significantly. This can be a disadvantage for players who are risk-averse or who prefer more stable and predictable fiat currency.
SOL casino scam sites
All crypto fans know the risk of scams and fraud is very real in this growing space. Crypto gambling is not immune from this, and anything that involves decentralized blockchains operated without any central control is a scammer’s wet dream.
Playing at a genuine crypto site is essential. Remember, there is no way you can get any funds back once you have transferred them in the crypto world, so make sure you are playing at a trusted site.
As with other cryptocurrencies and blockchain-based technologies, unlicensed Solana casinos are not subject to the same regulatory oversight as traditional financial and casino institutions. This can create a higher risk of fraud or scams, and players should exercise caution and due diligence before depositing at a Solana casino.
Gambling Crypt is a passionate believer in fair online gambling and only features trusted Solana casino sites.
Is Cloudbet the best crypto SOL casino?
Cloudbet is a leading SOL casino known for its amazing casino, sportsbook, and esports betting options, backed up by incredible customer support. Cloubet has a low minimum deposit, has an amazing first deposit offer, and also accepts many other crypto tokens, including Bitcoin Cash, Litecoin, and Tether.
We also recommend BetFury and BC.Game if you are looking for a top Solana casino.
