Shiba Inu betting sites are a great way to enjoy the thrill of betting with your favorite cryptocurrency. These websites work very simply by allowing you to deposit SHIB and to place bets on esports, sporting events and at the online casino. In this guide, we’ll identify the top betting sites and Shiba Inu casinos you should explore, look at esports betting with Shiba Inu, and give you a few tips on how to choose the best site.
Which are the best sites for betting with Shiba Inu?
By doing your research and reading our guide below, you’ll be able to make informed decisions about where to place your Shiba Inu bets. With so many sports, esports, and casino game options, it is only natural that various betting sites will accept Shiba Inu as a deposit.
Here are some better options you can trust and might want to check out:
First off, when it comes to Shiba Inu betting, BC.Game crypto casino is probably the best place to be, as it offers everything we previously mentioned in the article. You can bet on various sports, esports, and play casino games, and while doing all of this, you will receive a nice bonus and rewards in the process.
We have to mention Stake.com, as it is a phenomenal place for Shiba Inu. You can bet on various sports that are being played out live, and if casino games are your forte, there are ones you can play virtually and with live dealers.
If you are looking for a website that has been around for quite some time since 2013, in fact, then Cloudbet is a good place for Shiba Inu betting. Cloudbet offers numerous sports and esports to bet on, and while the casino games are not prominent in numbers, the quality of the available ones is superb.
How to choose a good Shiba Inu gambling site
There are some points to consider when choosing a SHIB betting site:
- When looking for a Shiba Inu betting site, it is important to consider the quality of the site and how user-friendly the interface is.
- Find out whether the betting markets you’re keen to bet on are there and that a wide variety of bets are available.
- The site should be reputable and have a good reputation among online bettors.
- Check the site’s licensing and gambling safety and security framework.
- It is also important to consider the bonuses and promotions that are offered by the site. A good site will offer sign-up bonuses, reload bonuses, and other promotions for esports events.
- It is important to consider the customer service that is offered by the site. A good site will have 24/7 customer service.
- Make sure to check out the site’s payout policies to see if they fit your needs.
Esports betting with Shiba Inu
When it comes to Shiba Inu gambling on esports, it is a very popular way to make crypto bets, even if it is not the most popular meme coin. You can enjoy Shiba Inu betting with various titles, such as Dota 2, CS: GO, League of Legends, Rainbow Six, Call of Duty, Wild Rift, and many others.
Even if esports are relatively new in crypto betting sites, gambling with Shiba Inu has a lot of wager options with the more notable titles. For example, if you were to bet on League of Legends, there are many wagers to choose from.
You can bet on the winning team, the drake types within the game, if a particular drake will be killed, the minute before the first tower falls, and much more. Some of these also have tremendous odds, even if they are relatively easy to guess if you are familiar with the drafting phase in pro play of this popular MOBA. At BC.Game, bettors can enjoy esports betting with Shiba Inu by wagering on the top esports titles, League of Legends, Dota 2 and Counter-Strike: Global Offensive. In addition to these top markets, you’ll use find betting on Rocket League, FIFA and NBA 2k.
Sports gambling with Shiba Inu at BC.Game
If you are looking to bet on sports by using Shiba Inu, there are quite many options for you. From the most popular sports, such as soccer, basketball, chess, horse racing, hockey, golf, and many others, to less popular ones, such as kabaddi, cricket, and badminton.
At BC.Game, there are various sports betting options available for bettors who use SHIB. These include betting on traditional sports such as football and basketball, as well as betting on more niche sports such as esports as explained above.. There is also a wide range of betting options available, from simple match bets to more complex prop bets.
In addition, BC.Game offers live betting, which allows players to bet on games as they are taking place. This allows players to make last-minute bets and potentially win substantial payouts on their Shiba Inu bets!
Using SHIB to Bet on Virtual Sports
If you are looking for a combination of sports and esports, then virtual esports Shiba Inu gambling is what you are looking for. Here, you can bet on fantasy teams that are either based on real teams or ones created by yourself or the AI. These matches cannot be spectated, and the outcome is based on the statistics of the teams and the players within them, similar to those Football Manager games that were popular in the early 2010s.
Finding a Shiba Inu Casino
Naturally, the most popular way for someone who has a passion for gambling with Shiba Inu is to enjoy various crypto casino games. There are so many games to choose from when it comes to casino games, so if you are not sure where to start your gambling adventure, you might as well check a crypto betting guide to see which games are the easiest to pick up, and the ones that can earn you the most winnings.
Explainer: What is the Shiba Inu (SHIB) coin?
Launched in August 2020, Shiba Inu is an Ethereum-based cryptocurrency. In November 2022, the coin had a $5.5 billion market cap. Attracting over 700,000 investors, Shiba Inu gained a lot of popularity quickly.
The coin started with a supply of 1 quadrillion, out of which the founder Ryoshi locked 50 per cent in Uniswap. The other 50 per cent was burned through Vitalik Buterin, the founder of Ethereum. The burned tokens are still within the ecosystem but cannot be used.
Interestingly, Vitalik then went ahead and donated 50 per cent of his coins to India as a Covid-19 relief. He then burned 40 per cent of the remaining coins to ensure the stability of the ecosystem.
Shiba Inu uses a decentralized exchange (DEX), with the most popular being UniSwap. Other exchanges, such as eToro and Coinbase, have also allowed the trade of Shiba Inu on their platforms.
How is SHIB Different from Dogecoins?
Many people tend to be confused about the assumption that the Dogecoin and the Shiba Inu coin are the same, but that is not true. While they both essentially revolve around the same meme, their values are entirely different, which is why they have other options regarding crypto betting and gambling.
Both SHIB and Dogecoin use the Shiba Inu Japanese hunting dog, as their mascot. The two cryptos gained a lot of popularity in 2021, and the early investors became billionaires almost overnight. The two coins started as a meme, and most investors bought the coins for fear of missing out.
Despite the many similarities, there are some notable differences between the two cryptos. Shiba Inu is Ethereum based, while Dogecoin is built to function like Bitcoin.
While Dogecoin encourages mining, SHIB is deflationary in nature. SHIB founders occasionally burn tokens so that they don’t flood the market as a way to maintain stability.
Read Also: The best Dogecoin betting and casino sites
The Three Variants of Shiba Inu
SHIB has three variants that perform different purposes:
- SHIB: This is the main coin that acts as the medium of exchange.
- BONE: There are about 250 million BONE coins that give users the power to vote on major decisions regarding Shiba Inu.
- LEASH: These are the most limited Shiba Inu coins with only about 107,646 coins in circulation. The coin holders have the powers to stake the coin for validation purposes.
How to Cash Out Your Shiba Inu?
One of the most common questions that people tend to have when they’re gambling with Shiba Inu is how exactly they can cash out their now increased deposits from all the winnings they have been doing, and the answer to this question is very easy.
All you have to do is go to the cashout page on any of your favorite crypto gambling sites, and you will be asked to put in your crypto wallet address. If you registered and purchased the coins on the Shiba Inu casino site, where you were also provided with a wallet, you should create a new wallet that is separated from the casino. We suggest using BRD, Electrum.org, Ledger Nano S, or Trezor.io.
Do not use Coinbase if you are planning to cash out your Shiba Inu, as Coinbase does not want to be related to any gambling sites, and doing so will make you lose all of that hard-earned Shiba Inu coins. Some other sites follow this rule, too, so do your research if you are not using the wallets we suggested.