Dogecoin is a cryptocurrency that forked from Litecoin and has taken the Internet by storm. The coin was launched back in 2013 and, according to CoinMarketCap, its value didn’t oscillate much in the last months, ranging from $0.003077 to $0.002533. Currently, $1 will net you approximately 395 Doge while 1 BTC is worth around 4,170,142 Doge.
For those wondering what is Dogecoin used for, you can use it from anything as tipping someone for their Twitter post to Dogecoin gambling. If you’re interested in the latter, we’ve comprised a list of the best Dogecoin sportsbook gambling sites and prepared a short guide on how to use Doge for gambling online.
Best Dogecoin Gambling Sites
There are three different factors that help us select the best Dogecoin sportsbooks, such as whether they offer coins that have good liquidity, how popular the coin is, as well as how trustworthy it is. Apart from that, we also focus on how good the sportsbooks themselves are. With that said, here’s our pick at the top Dogecoin gambling sites.
Dogecoin Sports Betting: Pros and Cons
One of the biggest advantages of Doge is the anonymity that you get when betting online. Instead of having to go through numerous identity checks, you can simply enter your initial info and the address of your wallet, and that’s it. You’re good to go. Secondly, instead of having to pay transaction fees, the fees that come with this coin are so negligible that they are almost nonexistent.
Furthermore, if you compare Dogecoin to some of the other coins like Bitcoin or Litecoin, for example, Doge doesn’t have a maximum supply limit, which means that you can always get as many coins as you would like.
However, there are also several negatives to consider when using Doge. The most significant one on the list of Dogecoin pros and cons is that the cryptocurrency market can be extremely volatile, which is especially important to know in Dogecoin’s case because of its market value.
In addition to its volatility, Dogecoin is also a tad less secure than other popular cryptocurrencies. This doesn’t mean that Dogecoin is not secure − far from it − it just means that coins like Ethereum and Bitcoin are much more tightly sealed.
Another thing to know is that, while Doge is becoming more and more popular, currently, you might have a slightly harder time finding sportsbooks that offer it as a payment option as it is not as popular as other coins.
Lastly, while cryptocurrency transactions are generally extremely fast since this coin isn’t as profitable to mine because it’s a proof-of-work coin, you might end up waiting a bit longer for your transaction to process.
Trusted Dogecoin Sportsbooks
Many players that want to play using cryptocurrencies have no idea where to start and end up wondering who accepts Dogecoin. For that reason, we’ve briefly covered some of the most trusted Doge Sportsbooks.
Fortune Jack Dogecoin Review |
If you’re wondering which bookies takes Dogecoin, FortuneJack is the place to bet. They offer more than 35,000 events to bet each month from 25+ different sports, such as football, basketball, MMA, American football, and many more.
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1Xbit Dogecoin Review |
Apart from offering high odds, 1XBet include numerous alternative markets, multi-live streaming service, and a ton of various handicap bets.
👉 Join 1XBit 👈 |
Other Common Types of Dogecoin Gambling
If sports betting isn’t your cup of tea, you can always check out casinos that accept cryptocurrencies and so enjoy some Doge casino slots. What’s more, if you would like to take advantage of the benefits that cryptocurrency offers, the betting sites that we’ve mentioned are already a fantastic option since they have a casino section as well!
Casino Dogecoin
If you want to play at the best Dogecoin to Bitcoin casino, we recommend FortuneJack and 1xBit. Some of the types of games that you can find at their place are Dogecoin casino slots, roulette, blackjack, baccarat, poker, and many others.
Dogecoin Blackjack
For those that enjoy blackjack, there are numerous Doge blackjack tables at your disposal. You can play some of the most popular variances of blackjack, such as the American Blackjack, European Blackjack, Super 7, Pirate 21, and Pontoon, as well as some more exotic poker variances like Multihand Blackjack or the Blackjack Surrender.
Dogecoin Poker
If you’re a poker player, you can enjoy numerous Dogecoin poker rooms available at various casinos. To make things even better, many of these rooms are in the live casino section, offering an authentic casino experience and allowing you to play against live dealers.
Doge Dice
Some of the simplest yet most exciting forms of gambling are Doge dice games. They are provably fair, and you can always check out how the result was generated to ensure the game was fair. Simply roll the Dogedice and hope you roll high!
Dogecoin Games
Apart from Doge dice games, there are other Dogecoin games that you can try and the most popular Doge game is undoubtedly Minesweeper. If you enjoy gaming, Doge now presents you with an opportunity to cash in on all those days spent with no internet connection and playing Minesweeper on your Windows PC.
How to Buy and Use Dogecoin
The whole process of buying and using Dogecoin is relatively simple. First things first, you will need a wallet. If you don’t have one, make sure to stick with us as we will include a short wallet guide below. After you’ve created your wallet, you will receive an address that you will use to send money to and from your wallet.
Next, you need to buy some Dogecoin, which can easily be done through numerous cryptocurrency exchange platforms, such as Coinbase, for example. After you have some coins in your wallet, you can simply deposit the funds into your casino account and voila, you’re all set.
Differences Between Doge and BTC
Dogecoin is a fork of Litecoin which is an altcoin of Bitcoin. In other words, when it comes to the technical aspect of things, Dogecoin is fairly similar to Bitcoin. However, there are still a few key differences between the two coins.
- BTC has set volume of coins in circulation while Doge doesn’t
- BTC is more secure than Doge
- BTC is a lot harder to mine, making transactions slower than the ones made by using Doge
- BTC is meant for hoarding and keeping, while Doge is for spending and everyday use
- BTC is a lot more widespread than Doge
Dogecoin Wallet Guide for Online Betting
While they may look and are used in a different manner, cryptocurrency wallets are exactly what you may think them to be; wallets that are used to safely store your coins. They can come in different forms, such as hardware wallets, ones that you install on your computer, those for your mobile phone, and also some that are located on the web. If you are looking for the best Dogecoin wallet, here are our top picks.
- Ledger Nano X Wallet
- Atomic Wallet
- Ledger Nano S Wallet
- TREZOR One Wallet
Jaxx Liberty Wallet
What Is the Best Doge Exchange?
Dogecoin exchanges do the same work as your regular exchanges do. However, instead of exchanging fiat currency into other fiat currency, you have the option to exchange your coins into fiat currency or vice versa. The process is straightforward, and all you have to do is register at an exchange and then decide how much of your Dogecoin you wish to convert into USD or the other way around.
There are many exchanges around, but we’ve included a small list for you comprised of some of the best exchanges.
- Poloniex
- Bittrex
- Kraken
- Binance
- Gate.io
The Future of Doge Cryptocurrency Gambling
Once you understand that cryptocurrencies like Dogecoin can be extremely volatile, you can take full advantage of the many benefits that Doge has to offer, such as remaining anonymous in online sportsbooks and enjoying provably fair games, for example. Just make sure to find a secure wallet and use an exchange that offers the best rates for switching your currency into Doge and vice versa.
Complete List of Dogecoin Betting Sites
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Is Dogecoin Betting Legal?
Many people who wish to gamble with this coin ask, “Is Dogecoin anonymous?”, and the answer to that question is yes, it is. Sportsbooks that are crypto-oriented often only ask for your wallet address and your email, so you wouldn’t have to enter your personal information.
The next question that people ask is if it’s legal to gamble with Doge. The answer to that is simple — if online betting and cryptocurrencies are legal in your country, then you are safe to bet away. However, different countries have different approaches, which can be seen in the examples of the US, UK, Netherlands, and Germany.
In the UK, all online gambling is legal and, since cryptocurrencies are legal as well, you won’t have any issues using this coin in your favorite online casino.
If you are hailing from Germany, for example, if Germany isn’t on the list of restricted countries and as long as the online casino conforms to strict laws by the German regulatory body, it is safe for you to gamble in that casino.
In the US, it is legal to gamble online with any currency, as long as you’re physically present in the state of New Jersey, Delaware, Pennsylvania, and Nevada.
When it comes to the Netherlands, online gambling isn’t legal unless the establishment is regulated by Kansspelautoriteit. However, this doesn’t stop many Dutch people to gamble offshore in other more popular casinos.