Mon. Jul 1st, 2024

Decentralized sports betting platforms are built upon blockchain technology in the realm of cryptocurrencies. By leveraging this technology, these platforms establish a virtual community where passionate bettors can easily engage in sports betting. With decentralized sports betting sites, you can enjoy enhanced privacy while conveniently utilizing cryptocurrency for your wagers. Furthermore, these platforms eliminate the requirement of involving third-party payment processors or financial institutions to facilitate transactions. All transactions, including wagers, are safeguarded through cryptography, ensuring secure protection, and the processing speed of these transactions is impressively swift.

Lucky Block

Lucky Block is a decentralized casino that offers sports betting as well. It initially gained popularity as an NFT competition platform and introduced its own unique cryptocurrency called LBLOCK. This cryptocurrency experienced significant growth in 2022, nearly reaching a market value of $1 billion.

The Lucky Block team has now taken their platform to the next level by creating a casino website that accepts Bitcoin and other cryptocurrencies. We believe it is the top decentralized casino site available. The website boasts numerous exceptional features, such as user-friendly navigation, the ability to deposit small amounts of money, and the convenience of global access without requiring any special personal information (although a VPN might be necessary). To further enhance the gaming experience, Lucky Block has partnered with well-known casino game providers. This collaboration also brings forth a wide variety of engaging and high-quality games. Some notable providers include Betsoft, Microgaming, Pragmatic Play, Thunderkick, Evolution, Spribe, and NetEnt etc.

Players will find an abundance of options at this decentralized gambling platform. It offers an extensive range of gambling products, including slots, poker, and table games such as roulette, blackjack, and baccarat. Additionally, the site boasts an impressive collection of live dealer games, including popular choices like live poker, blackjack, and roulette. Surprisingly, players will also discover unexpected live games such as Football Studio, Mega Ball, Dreamcatcher, Sic Bo, and Monopoly.

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Pros

  • Outstanding decentralized gambling site overall
  • No need for KYC verification during sign-up
  • Impressive game library of 2,700 games and a sportsbook
  • Option to deposit fiat or cryptocurrency
  • Swift payouts without deposit or withdrawal fees
  • Developed by the team behind the fastest-growing crypto token in 2022
  • Accessible globally through a VPN

Cons

  • Limited cryptocurrency options compared to other platforms

For those seeking a top-notch decentralized online casino to place sports bets, Lucky Block delivers. It integrates a sportsbook with a wide selection of betting markets, both pre-game and in-play, covering popular sports such as basketball, soccer, tennis, rugby, baseball, and much more.

BC.Game

BC.Game stands out as an exceptional Bitcoin casino catering to players in the US. It not only allows you to play games using Bitcoin but also offers a wide range of other popular cryptocurrencies like Ethereum, Dogecoin, Binance Coin, Cardano, and more. This platform doesn’t just stop at casino games; it also has a fantastic sports betting section with a plethora of options. In addition to a diverse selection of slots and live casino games, BC.Game has some of the hottest titles available. As of the time of writing this review, popular games include Sweet Bonanza by Pragmatic Play, Piggy Riches Megaway by Red Tiger, and True Grit Redemption by NoLimitCity.

BC.Game offers an exciting VIP program where players can unlock various bonuses as they progress through different levels. For instance, players at VIP level 22 or higher can enjoy a continuous stream of recharge bonuses, while those at VIP level 14 can claim rakeback bonuses.

At this VIP level, players also have the opportunity to claim the COCO bonus, which is randomly offered every 6 hours. The minimum bonus amount for this reward is 0.005 BCD, BC.Game’s own currency. BC.Game provides a chat room feature, perfect for social players. Additionally, VIP-level players and above have the chance to receive random rewards. Every 6 hours, the Rain algorithm selects players in the chat room to receive special rewards. When it comes to the welcome bonus, BC.Game offers a generous package that covers the first four deposits. Each stage of the welcome bonus ranges from 270% to 360% and requires a minimum deposit of $30.

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Pros

  1. New players can enjoy a welcome deposit bonus divided into four parts.
  2. Players can unlock additional rewards by leveling up.
  3. The platform offers a vast selection of decentralized crypto gambling games.
  4. It supports various digital and fiat currencies.

Cons

  1. The welcome bonus is provided in BCD tokens instead of other currencies.

Cloudbet

Cloudbet is a well-established decentralized gambling platform that has been serving players since 2013. Like other top crypto and Bitcoin casinos, Cloudbet offers an exciting welcome bonus for new players. They will match your deposit by 100% up to a maximum of 5 BTC. Upon making a deposit, Cloudbet also provides additional rewards based on points earned while playing games. For every 150 points earned, players receive 0.001 BTC. There’s a 60-day time frame also to accumulate enough points and unlock the bonus funds, which is quite generous comparable to some other platforms.

Players who join Cloudbet will continue to enjoy rewards as they progress through the loyalty levels. The more time spent on the platform, the higher the player climbs among the six loyalty tiers. Each tier offers unique benefits. Starting from Bronze, players can earn up to a 0.12% return on sports bets, enjoy a lightning points multiplier, and access free spin Tuesdays. The highest level, Ruby, offers even more exclusive advantages, including a 2x lightning points multiplier, customized bonuses, a dedicated account manager, and more.

The Cloudbet lobby also features an extensive selection of high-quality slot games, provably fair games, and popular table games. Additionally, they offer a variety of live casino games from reputable providers. Cloudbet also provides access to sports betting markets such as horse racing, soccer, baseball, and more. Esports enthusiasts will find a diverse range of titles like Rocket League and NBA2K. The minimum deposit requirement is 0.01 BTC or equivalent.

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Pros

  • Over 1,000 slot games to choose from
  • A 100% match deposit bonus of up to 5 BTC distributed over four stages
  • A generous 60-day window to claim the match deposit bonus
  • A diverse lobby featuring casino table games, slots, and sports betting

Cons

  • Players from the US, UK, and Australia are not supported.

Coinzino

Coinzino is an exciting new Bitcoin casino that presents players with a staggering selection of over 3,500 games to explore. Whether you’re into slots, blackjack, roulette, or live dealer games, Coinzino has got you covered.

What sets Coinzino apart is its impressive game catalog, featuring titles from some of the most renowned gaming studios in the world. Pragmatic Play, Betsoft, Evolution, NetEnt, GameArt, and Habanero are just a few of the notable names you’ll encounter at this online casino. For newcomers, Coinzino also offers a tempting 100% welcome bonus on the first deposit. Additionally, all players are eligible for an enticing 10% cashback on any losses incurred while playing. If you’re a top-tier VIP, you can even enjoy up to 20% cashback and receive up to 250 free spins per week.

In addition to Bitcoin, Coinzino also accepts various other popular crypto tokens such as Ethereum, Dogecoin, Litecoin, USDC, Tether, BNB, and Bitcoin Lightning. It’s important to note that while Coinzino isn’t accessible to players in the US, you can still enjoy its offerings with the assistance of a VPN.

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Pros

  • A vast collection of 3,500+ games from top providers
  • All players receive 10% cashback on losses
  • Acceptance of multiple popular crypto tokens
  • Impressive selection of live games

Cons

  • No reload deposit bonuses available

VAVE

VAVE is the ultimate decentralized gambling platform that offers a diverse and exciting gambling experience. Whether you’re interested in sports betting, casino games, live games, esports, or even predicting TV show results and elections, VAVE has it all covered.

In addition to the classic casino games like Baccarat, Poker, Blackjack, and Roulette, you’ll find a well-stocked sportsbook featuring various esports events. With over 25,000 sporting events available for betting each month, you’ll never run out of options. The casino games themselves are developed by top-notch providers, ensuring a high-quality gaming experience. With VAVE, you can also enjoy nearly instant withdrawals for all your cryptocurrency winnings. The platform has also a low minimum deposit fee of just 20USDT or equivalent and imposes no withdrawal limits whatsoever.

As a new player, you’ll be greeted with a generous welcome bonus totaling 325% match and 190 free spins. This welcome package has three parts: a 75% match bonus up to 1 BTC + 75 free spins on your first deposit, followed by a 125% match bonus up to 1.5 BTC + 125 free spins on your second and third deposits. While the wagering requirement may be a bit high, the enticing offer is certainly worth it for dedicated players.

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Pros

  • Vast selection of events and games to bet on
  • Lightning-fast deposits and withdrawals
  • Generous welcome bonus package
  • Excellent customer support

Cons

  • 40x wagering requirement
  • Restricted access in certain countries

IT Solutions for Decentralized Betting Platforms – How Genesis Convergence Company Can Help

At Genesis Convergence, we specialize in providing comprehensive IT solutions tailored to meet the unique needs of our clients. When it comes to decentralized betting platforms, we have the expertise and experience to support your venture and ensure its success.

Our skilled team of developers can create a robust and user-friendly decentralized betting platform from scratch. We will work closely with you to understand your specific requirements,. This also ensures that the platform aligns with your vision and goals. As experts in blockchain technology, we can seamlessly integrate blockchain networks like Ethereum or Polkadot into your betting platform. This integration will enable the transparency, security, and efficiency required for decentralized sports betting.

We have extensive experience in developing smart contracts tailored to the requirements of sports betting. Smart contracts automate the execution of bets, payouts, and other important processes, ensuring transparency and eliminating the need for intermediaries. We also prioritize scalability and performance to ensure that your decentralized betting platform can handle high volumes of transactions and users without compromising speed or efficiency. Our solutions are designed to grow with your business and adapt to changing demands.

By Web3 Zone

Genesis Convergence offers blockchain consulting services to harness the potential of blockchain and gain valuable insights on DeFi (decentralized finance), NFTs, Web3, and Metaverse. It also provides cryptocurrency, cryptocurrency wallet, cryptocurrency exchange, tokenization of assets, NFTs marketplace development services. https://www.genesisconvergence.com/

Contact Genesis Convergence https://www.genesisconvergence.com for your Crypto Development / Consulting needs.
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info@cognitiveconvergence.com

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