Last updated on: December 29th, 2022
Legal Solana Sportsbooks | Best SOL Sports Betting Sites
Using cryptocurrencies to bet with legal sportsbooks is one of the most efficient methods, and Solana is no different. The currency was created in 2017, and one of the main goals of the creation of the currency was to have lower purchase fees than other big market cryptos like Ethereum. With an easily accessible and low-fee crypto like Solana, bettors can quickly and safely deposit money into a legal Solana sportsbook, accept bonuses, and request payouts from winning bets.
Legal Sports Betting Sites That Take SOL
The best way to pick a sportsbook to place wagers on is by viewing which book has the best odds for whatever bet a bettor wants to place. There are plenty of online sportsbooks that accept Solana as a deposit method, but if the perfect sportsbook does not accept SOL, a bettor can easily trade the crypto for one like Bitcoin which is accepted at every online book that offers crypto.
Although the legal sportsbook does not accept Solana directly, Bovada has options to deposit with Bitcoin, Ethereum, Tether, and Litecoin, which are all cryptos that can be traded with Solana. The crypto of choice can be used to wage on the NFL for future wagers, prop bets, and even live-in-game betting. They have one of the largest sections of sports available, and a crypto deposit can be used to bet on anything from College Football, to an international dart throwing competition. Bovada males betting simple, no matter the type of crypto that a bettor owns.
- $5,000 Max Deposit
- Easy To Use
- Instant Deposits
- No Fees
- Bigger Bonuses
A lot of online sportsbooks offer bigger bonuses for depositing with cryptocurrencies, and BetOnline offers a bonus of up to $1,000. This bonus is only for first-time crypto depositors with the legal sportsbook and is a 100% crypto deposit match. Whether wanting to wager on NBA game lines or future MLB props, BetOnline gives all new Solana bettors a boost and a chance to receive an even larger potential payout. Most legal sportsbook bonuses require a high deposit minimum for the bonus, but BetOnline only requires a $20 first-time Solana deposit.
- Big Solana Bonuses
- Fast Payouts
- Bonuses For New And Returning
- Mobile Betting No Download
- Available In Most States
When wanting to place a bet on sports, not all bettors have the funds or the desire to wager large sums of money. A great sports betting strategy is starting small and building your bankroll up over time. When depositing with Solana through SportsBetting, bettors can make deposits as small as $20, and start the betting process. This is lower than their $25 debit card minimums, and instead of paying a 7.5% fee on debit card deposits, Solana has zero fees attached. SportsBetting helps make the legal betting process inexpensive, for all US bettors.
- Efficient Site Layout
- Full Mobile Betting Suite
- Available Customer Service
- Trustworthy Banking Options
- Fast Payout Times
Is It Legal To Use A Sportsbook That Accepts Solana?
Yes, sportsbooks that accept Solana are completely legal and have been serving US sports bettors for many years. Since crypto started to gain traction in the US, internationally licensed sportsbooks started to take advantage of a great opportunity to offer and secure, fast, and easily accessible method for funding a sportsbook account.
How To Bet On Sports With Solana
Getting started with a legal sportsbook is simple with Solana and the whole process can be completed within hours. Somebody new to legal sports betting and the world of crypto can easily bet on sports with Solana after reading these minimal instructions below:
- Visit a crypto exchange website like Binance and find Solana in the Buy/Sell section.
- Create an account, and enter the desired purchase amount of the crypto.
- Go to the legal sportsbook of choice and visit the banking page, after creating an account or logging in.
- Enter the amount of Solana that was purchased to deposit in the sportsbook page for altcoin deposits.
- Copy the address that was generated on the sportsbook page and paste it into the send/receive section of the crypto exchange website.
- After the Solana is transferred (usually takes a few minutes), the funds will be in the sportsbook bankroll.
- Once these steps are complete, bettors can use the Solana-funded account to bet any offered bets.
Benefits Of Betting On Sports With SOL
- No deposit fees
- No withdrawal fees
- Crypto bonuses available
- 48-hour payout window
Drawbacks Of Using Solana To Bet On Sports
- Not accepted by all sportsbooks
- Purchase fees from exchange platforms
Do Sportsbooks Offer Solana Bonuses?
Before making deposits, it is beneficial to view the bonuses and promotions that are available, with legal sportsbooks offering larger bonuses for SOL deposits. The bonus types generally vary from first-time crypto deposits, to reload bonuses for bettors who have deposited into the sportsbook with crypto in the past. Most bonuses will have rollover requirements and it is smart to understand how much has to be wagered before any money can be paid out from the sportsbook that a bettor accepted a bonus from.
- Bovada – $750 Bitcoin Welcome Bonus – This Bonus can be redeemed for any bettor that is depositing into Bovada with crypto for the first time, and the total bonus goes up to $750. There is a 5x sports rollover and can be used with code BTCSWB750.
- BetOnline – 35% Reload Crypto Bonus – Redeemable with code CRYPTO35, this bonus is a 35% deposit match for any bettors who have deposited crypto into the sportsbook previously. The bonus goes up to $350 and has a $20 minimum deposit and an 8x rollover.
- SportsBetting – 1st Time Crypto 100% Bonus – As a 100% crypto deposit match bonus, it can be used to receive up to $1,000 and has a $55 deposit required. With a 10x rollover, this promo is for first-time crypto depositors and is available with code SB1000.
SOL Sports Betting Deposit, Withdrawal Limits
SOL is an efficient way to fund a sportsbook account, because there are no fees to deposit or withdrawal. Depositing into a sportsbook only takes a few minutes, while payouts can happen instantly, but do not take longer than 48 hours. The process for depositing and withdrawing is simple, with different books having their own set of minimum and maximum allowed transactions. If a bettor is using a sportsbook that does not offer Solana directly like Bovada, they can easily trade for other cryptos that are accepted like Bitcoin, Ethereum, or Litecoin.
Solana Deposit Options
|Sportsbook||Deposit Method||Min Deposit||Max Deposit|
|Bovada||Bitcoin/Litecoin (Trade With Solana)||$10||$5,000|
Solana Withdrawal Options
|Sportsbook||Withdrawal Methods||Min Withdrawal||Max Withdrawal|
|Bovada||Bitcoin/Litecoin (Trade With Solana)||$10||No Limit|
Solana Vs. Other Cryptocurrencies
When it comes to online sports betting, Solana is roughly equivalent to other cryptocurrencies in terms of ease-of-use and bonuses available. However, since it is only directly accepted at BetOnline and SportsBetting, it is often regarded as a second-tier option. For example, Bitcoin is accepted at all online sportsbooks that take crypto, as is Ethereum, but Solana has to jump through hoops to be used at sportsbooks like Bovada.
Top Crypto Sportsbook Comparison
Other Cryptos That Legal Online Sportsbooks Take
As the world of purchasing and trading cryptocurrencies is expanding throughout the US, legal sportsbooks offer plenty of different types of cryptos outside of Solana. Bitcoin is the most universally accepted crypto that can be found on sportsbooks but the list has been growing over the years. After identifying a sportsbook that a bettor wants to wager with, they can trade for the crypto that they need for that specific book if they do not offer Solana.
Is Betting With Solana Safe?
Using crypto is completely legal in the US, making Solana safe and trusted for all sports betting purposes. It is safe for every bettor to register with a crypto exchange platform or create a personal crypto wallet, making betting with Solana simple and secure.
Best SOL Wallets And Exchanges
There is an endless number of crypto exchange websites that can be used to purchase, store, and send cryptocurrencies. Some platforms have higher fees for purchasing different currencies, making it beneficial to check out all that is available. The first four on the list below are the most recommended for purchasing Solana SOL.
- Huobi Global