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The Most Trusted NFT Casinos: Ranked by CryptoGamble

Published on

May 20, 2024

Last updated:

May 21, 2024

We independently evaluate all recommended casinos. We may get a commission if you sign up via our links.

In the last year, NFTs have taken the industry by storm. Some pretty simple-looking pieces of digital art had sold for millions of dollars, attracting quite attention to the world of NFTs. It’s now trendy for various famous brands and companies to create their own NFT collections. Most of those collections quickly sell out in a few hours, with some of the individual NFT prices skyrocketing daily.

But instead of flipping NFTs and making a constant profit, there is now a new option for gamblers who like to chase the thrill: the so-called metaverse casino NFT. These new casinos are similar to the online gambling platforms using crypto but with one main difference – the active involvement and incredible opportunity that the NFTs present.

Depending on the type of NFT casino you are dealing with, you can profit from their exclusive NFT collections or simply the option to use your NFTs as an active payment method. This gives you a new level of decentralization, advanced security, and quicker payments.

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What’s the Difference Between Playing in Crypto and NFT Casinos?

At their core, new bitcoin casinos and innovative NFT casinos are pretty much the same. Both will provide you with some of the most advanced security on the planet, a decentralized platform outside the control of any organization, full transparency regarding all payments, and the quickest payments in the online gambling industry. But this is where the touching points end.

In the standard crypto casinos, you will use cryptocurrency for your payments and bets. This is how your winnings will result from your luck and skills when enjoying the various games of the platform or even potentially the price of the particular cryptocurrency itself.

However, this is not the case in a metaverse casino NFT. On a site like this, you will have more control over the winnings you can achieve. First, you can deposit into the platform using cryptocurrency or your own NFT. By depositing your NFT, you will get a balance reciprocated with the price of the NFT that you can essentially use to gamble.

But instead of enjoying simple casino games, sports betting, or anything similar, you can use many more features to make a consistent profit. For example, as we already learned, some NFT casinos offer exclusive NFT collections. And once you become a proud owner of a casino NFT, you can expect to enjoy numerous VIP perks, rewards, or even a part of the casino’s profits.

Some platforms even offer unique crypto pools where you receive additional rewards for holding a particular cryptocurrency. NFT marketplaces also allow you to flip NFTs or even dedicated sections to trade crypto. You can think of NFT gambling as the natural progression of crypto gambling. To better illustrate what both types of casinos bring you, we will present a quick list of all pros and cons.

FAQs

Is it legal to gamble at an NFT casino?

NFT gambling is still a relatively new subcategory of online gambling, so there aren’t many countries that already have any laws or restrictions in place for them. That said, you will probably be safe if your country allows offshore online casino platforms.

Can we expect to see more NFT casinos in the future?

Considering how cryptocurrencies and NFTs have been surging in popularity and their prices continue to grow, it’s almost certain that this industry will only be getting more significant, pushing the creation of more NFT casinos in the future.

What NFTs can I gamble on?

This depends on the type of NFTs the particular NFT casino accepts as a payment method. But this will generally be the most famous NFT projects worldwide, like the Bored Ape Yacht Club, Axie Infinity, Silks, and more.

What are some of the best NFT gambling projects?

There are many NFT gambling projects you can choose from currently, but a few stand out from the competition. These are the online gambling platforms BC.GAME, RollBit, and BetFury, but you can always find more reputable NFT gambling platforms on our site.

Published on

May 20, 2024

Last updated:

May 21, 2024

We independently evaluate all recommended casinos. We may get a commission if you sign up via our links.