Cardano ADA For 18+ Sports Betting
Online sports betting is an incredibly popular market, but the biggest barrier to entry for US players has always been online bet funding. That’s where cryptocurrency betting – particularly Cardano sports betting for 18+ players – comes in. With several of the top 18-and-up sports betting sites now supporting Cardano ADA, it’s easier than ever to top off you account and take advantage of all the excitement and investment potential that crypto has to offer.
To learn more about the various Cardano use cases for 18+ online sports betting as well as the general Cardano ecosystem, our brief guide to ADA gambling should be the first stop on your Cardano roadmap. We’ll tell you how to gamble with the most groundbreaking and revolutionary crypto coin since Bitcoin, all while giving you the tools you need to bet smart and bank smart!
Best Reviewed 18-And-Up Online Sportsbooks For Cardano Gambling In 2024
Up To $1,000
Up To $3,125
Up To $500
What Is Cardano Cryptocurrency?
Cardano (ADA stock ticker symbol) is a new, third-gen crypto coin developed by Ethereum co-creator and IOHK founder Charles Hoskinson alongside the Cardano Foundation. Cardano – like Ethereum (ETH) – supports smart contracts, as the Cardano NFT infrastructure went live with the Alonzo update in Q3 2021.
But because Cardano energy consumption is far less than that of Ethereum, it’s primed to actually take over the smart contract/NFT market from ETH. You can learn more about the overarching platform and its initiatives at Cardano.org.
However, for the bettor, the short version is simply this: When you make online 18+ sports betting deposits and withdrawals, you get guaranteed rapid transfers (5-10 minutes), increased online sportsbook bonuses, and access to same-day payouts. The Cardano coin itself is one of the biggest movers over the last year, with the Cardano ADA market cap sitting at over $71 billion at the time of this writing.
Naturally, by the time you read this, the Cardano price should be much higher than its current $2.20 or so, and it may even be higher than the Cardano ATH (all-time high) of $3.09. Remember, the Cardano long-term price prediction pegs the crypto’s value at $100 by 2030. AS such, the sky’s the limit, so whatever your betting limit, it’s time to go all in!
Is Cardano Legal For Online 18-And-Over Sports Betting?
Yes! The Cardano crypto is 100% legal to use for all lawful transactions, including online sports betting at the best 18+ sports betting sites operating internationally. Just as there are no online gambling laws barring access to these sites, there are also no laws barring the use of crypto – including ADA – to bet real money on the players, teams, and sports you love most.
Incredibly, however, domestic USA sports betting sites in legal sports betting states do not accept crypto deposits or support crypto payouts, which means that ADA betting is exclusive to international operators. Of course, that just means that when you bet with Cardano, the deal’s even better across the board. A bigger win-win in all of gambling, there ain’t!
How To Use Cardano For Online Sports Betting In 2024
It’s exceedingly easy to bet with ADA. Cardano, as one of the most accessible and supported crypto assets on the planet, is available to buy at all the top exchanges, and these exchanges are similarly available to all users aged 18 and up.
In the following sections, we explain not only how to buy the Cardano crypto for first-time holders but also explain how to sign up with the best-reviewed 18-and-up sports betting sites and make your deposits quickly, safely, and securely.
Cardano 18+ Sportsbook Deposits
Once you have some ADA, it’s simple to make online 18+ sports betting deposits at your favorite sites that take Cardano.
As a bit of advice, you should only deposit your ADA when the price of Cardano is trending relatively low, as this lets you move more ADA into your betting account for a given dollar equivalency. Then, when the ADA price goes up, so does your betting balance!
Here’s the process from start to finish:
How To Make A Cardano Sportsbook Deposit
- Follow any link here to a legal online sportsbook and sign up. Remember, the only rule is that you must be at least eighteen years old to join these venues.
- Enter in all your personal information using only your real, verifiable data. The top sites all use KYC protocols to ensure that you – and only you – have access to your online bets and bankroll.
- Choose the Cardano option from your site’s cryptocurrency betting menu. You can also select an optional sports betting bonus at this time.
- Copy down your site’s Cardano sending address.
- In your ADA wallet (exchange-based or private), select the “Send” option and paste in the above ADA address as the recipient.
- Choose the amount of ADA you wish to send over and submit your deposit.
ADA betting deposits take 5-10 minutes to be credited to your account from the time of submission, making it one of the fastest cryptocurrency banking options available. ADA is also cheaper than most other blockchain platforms, as it requires much less processing power to verify blocks.
While sports betting with Bitcoin, or Ethereum sports betting, TRON sportsbook betting, and Bitcoin Cash sports betting is extremely popular, they are more expensive and far slower than Cardano deposits.
Gambling with Cardano lets you place NFL bets, MLB bets, NBA props, Super Bowl futures, and countless other types of wagers more quickly and more profitably than competing crypto coins, with the exception of perhaps Litecoin and Stellar.
That said, neither LTC nor Stellar has quite the overall investment potential of Cardano, which is why we prefer the latter at sites that support it.
Cardano 18+ Sportsbook Payouts
When it’s time to collect your winnings from the best-reviewed sportsbooks for 18 and older players, that’s when ADA really shines.
As with deposits, of course, you want to pull out your winnings in ADA when the Cardano coin price is trending at a relative low for the week or month. This ensures that you’re withdrawing as much ADA as possible so that when the ADA price spikes (and it will spike!), you’ll get even more bang for your buck.
To withdraw your online sports gambling winnings in Cardano ADA, here’s the procedure:
- Head over to your site’s cashier page and select the cryptocurrency option from the withdrawal menu.
- Choose Cardano from the list of supported cryptos.
- Open your Cardano exchange wallet or private ADA wallet and choose the “Receive” option.
- Copy down the unique Cardano receiving address provided by your wallet.
- Back at your sportsbook’s cashier page, paste the above Cardano address into the recipient field, and enter in the amount of your eligible account balance you’d like to claim.
- Submit the payout request.
Typically, crypto betting withdrawals are approved automatically. However, if you’ve hit a massive parlay or are pulling out a particularly large sum of money (i.e. several thousand dollars), your payout request may have to be approved by site management.
This usually takes 1-2 hours, and once approved, you’ll receive your entire sum in your Cardano wallet within 5-10 minutes with zero added processing fees (less any standard Cardano transaction fees built into the blockchain itself).
Cardano withdrawals are rated as same-day payouts, as crypto is the only reliable, guaranteed way to receive your winnings the same day you request them from any legal 18+ offshore sportsbook site.
Cardano 18+ Sportsbook Bonuses
While there are other ways to get free Cardano, online sports betting bonuses are a great option to achieve the same.
All the top-rated online sportsbooks offer their members deposit match bonuses and account reload bonuses, but when you use crypto to top off your bankroll, you actually get enhanced sportsbook promos that double or even triple the already valuable standard bonus deals.
At most sites, online sports betting promos include those listed below as a matter of course, though special events – like March Madness, the FIFA World Cup, NFL Thanksgiving games, etc. – can sometimes spawn their own limited-time bonus offers.
You should always check out your site’s current sports betting promo codes before making any fresh deposits to ensure that you never miss out on a chance to boost your betting to new heights.
- Crypto Sportsbook New Member Sign-Up Bonuses
- Crypto Sportsbook Account Reload Bonuses
- Crypto Sportsbook Special Event Bonuses
- Crypto Sportsbook Refer-A-Friend Bonuses
All bonuses come with rollover requirements of between 5X and 15X at the best-rated sites, which are easy to meet. (If you come across a site with sports betting promos exceeding 15X rollovers, you know they aren’t legit and should be avoided.)
Rollover simply means that you must wager a given multiple of your total deposit + bonus amount before being eligible to withdraw any associated funds.
Most sites keep your bonus balance separate from your main deposit balance, however, and if you aren’t able to meet the rollover within the given timeframe (usually 30 days), you simply forfeit your bonus winnings. You never lose your actual cash/crypto deposits or any winnings associated with these.
Thanks to low rollovers and friendly terms and conditions, we recommend that all players accept sports betting bonus offers whenever they’re available.
Benefits Of Online Sports Betting With Cardano
For 18+ online sports bettors, there are numerous benefits to doing their gambling with Cardano instead of other crypto coins. ADA speeds are just as fast for deposits and withdrawals as the fastest options available (i.e., Stellar, Ripple, Litecoin, etc.), while Cardano fees are similarly small.
But these Cardano benefits extend far beyond betting online. Cardano could also be the best investment you ever make!
In all, here’s what you’ll get when you bet using the Cardano method at all the best 18-and-over sportsbook sites:
- Transfers are 100% guaranteed to go through every time – No UIGEA restrictions or delays
- Online betting deposits take 5-10 minutes at most
- Guaranteed same-day Cardano payouts – Instant payouts on most transactions
- Claim ADA payouts no matter which deposit method you choose
- Zero added fees for deposits and withdrawals
- Tiny native Cardano blockchain transaction fees – Much cheaper than Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Chainlink, etc.
- Lowest deposit minimums and highest deposit maximums of any banking method
- Highest payout limits of all cryptocurrency betting options
- Huge investment potential – Cardano ADA is the fastest-growing major cryptocurrency
- Cardano network has endless industrial applications for fintech, shipping/logistics, record-keeping, entertainment, and more
- ADA coins are still relatively inexpensive – Get in on the ground floor!
Note: In late 2021, Solana sports betting was officially launched at sites like BetOnline and SportsBetting AG. Many crypto fans debate Cardano vs. Solana, but both coins are top 10 cryptos and support staking, smart contracts, NFTs, etc. We like the investment potential of Cardano over Solana, but both are viable coins for betting and investment.
How To Purchase Cardano For Online Sportsbook Deposits and Payouts
So, you want to know how to buy Cardano with USD for online sports betting, do you? Well, that’s good because we’ve got all the goods. Even better, it’s actually very simple.
To buy Cardano ADA, all you need to do is sign up with a reputable online cryptocurrency exchange. All the top exchanges worldwide support buying and trading Cardano, which means you can simply pick the venue you like best.
Of course, if you’re like us, you’re not only interested in buying, but you’re also interested in how to invest in Cardano ADA. Fortunately, regardless of your goals, the process is the same, as is the overall strategy.
For example, as with depositing and withdrawing ADA, when you buy ADA, you should make sure to buy in when the price is well short of the Cardano ATH. Do that, and you’ll guarantee big gains down the road, whether you’re betting, holding, staking, or any combination thereof.
Where To Buy Cardano ADA
When it comes to where to buy ADA, any reputable and trusted online crypto exchange will do. Each exchange has different layouts and member benefits, but they’re all very similar overall.
We recommend using only the biggest, most established exchanges, such as the following:
- Binance US
- Coinbase Pro
How To Buy Cardano ADA
To buy your ADA, simply sign up with any of the exchanges listed in the previous section, follow their account verification procedures, link your bank account (or credit/debit card), and place an order. It’s as simple as that.
However, it’s important to remember that all commercial crypto exchanges have a built-in waiting period for new members that locks their accounts from off-platform sending for 5-10 days.
When you buy ADA, you will get your ADA at the current trading price, but you won’t be able to deposit it at your sportsbook until the above waiting time has passed. Please be sure to plan ahead, as sports betting is always time sensitive.
We also recommend moving your ADA to your betting site and/or to a private ADA wallet as soon as off-platform sending is allowed, as it is a bit less secure to store your Cardano on the exchanges themselves (and most exchanges don’t allow for Cardano staking, besides).
Earn Free ADA With Cardano Staking
It’s critically important to understand that ADA supports staking thanks to its Proof-of-Stake (PoS) protocol, which means you can earn free ADA – i.e. earn Cardano passive income – just for owning the stuff!
If you want to earn free Cardano, staking is the absolute best way to do so (short of placing some savvy bets, winning big, and withdrawing in the crypto coin).
There are thousands of stake pools that allow for staking Cardano, and you can find the best place to stake Cardano using the free pooltool.io service. This is also a good Cardano staking calculator, as its historical trends show you how much you can expect to earn every five days (i.e. each “epoch”) on your delegated ADA holdings.
To learn how to stake Cardano, there’s really nothing to it. The one rule is that your ADA wallet must support Cardano staking. The best options are the official ADA wallets, including Daedalus, Yoroi, and AdaLite.
Also keep in mind that once you’ve chosen your stake pool, Cardano holdings are not locked. You can still send, trade, and receive ADA to and from your staked wallet at any time, and you’ll simply earn ADA rewards based on the current staked amount whenever a Cardano epoch ends.
Best Cardano Wallets For 18+ Online Sportsbooks
For new crypto holders, there’s no better recommendation we can give – aside from betting on sports with crypto – than this: You should always move your ADA off the exchanges and into private wallets.
There is no single best wallet for Cardano, but some are better than others. If you enjoy online sports betting, software wallets or mobile wallets are the answer, but it’s advised that you use a wallet that supports Cardano stake pools and Cardano rewards (designated below in italics).
ADA hardware wallets are great for those looking for added security above and beyond that provided by software and app wallets, while paper wallets are generally not recommended for online sports betting or ADA trading in general (and are used solely for long-term cold storage).
Regardless of how you store your ADA, whenever you want to transfer your Cardano to USD, simply move your ADA from these wallets back to your exchange account and cash all the way out.
Cardano Exchange Wallets – Fastest Transfers, Least Secure
- Binance US
- Coinbase Pro
Cardano Software Wallets – Fast Transfers, More Secure
Cardano Hardware Wallets – Slow Transfers, Very Secure
- Ledger Nano S
- Ledger Nano X
- Trezor One
- Trezor Model T
Cardano Paper Wallets – Slowest Transfers, Most Secure
- Daedalus Paper Wallet
- Yoroi Paper Wallet
Note: Please do not download ADA software wallets or purchase ADA hardware wallets from third-party storefronts. Only download/buy ADA wallets from their official app listings, developer websites, or manufacturer marketplaces.