Cardano ADA For 18+ Sports Betting

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 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

1. 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.
2. 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.
3. Choose the Cardano option from your site’s cryptocurrency betting menu. You can also select an optional sports betting bonus at this time.
4. Copy down your site’s Cardano sending address.
5. In your ADA wallet (exchange-based or private), select the “Send” option and paste in the above ADA address as the recipient.
6. 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:

1. Head over to your site’s cashier page and select the cryptocurrency option from the withdrawal menu.
2. Choose Cardano from the list of supported cryptos.
3. Open your Cardano exchange wallet or private ADA wallet and choose the “Receive” option.
4. Copy down the unique Cardano receiving address provided by your wallet.
5. 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.
6. 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.

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
• Bittrex
• Coinbase
• Coinbase Pro
• Coinmama
• eToro
• Gemini
• Kraken
• SoFi

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.