Esports Betting / Our Guide to NFT Casinos 2023

Our Guide to NFT Casinos 2023

NFT Casinos - How Do They Work?

Last Updated on 24/05/2023
Fact checked by: Sophie McCarthy

Welcome to our latest guide on NFT gambling. If you're considering signing yourself up to an NFT casino and want your initial queries answered, you're in the right spot.

Below, our experts guide you through the new and exciting world of NFT gambling. We provide an overview of what to expect from an NFT online casino, discuss how you can register, and offer some top tips to take away with you, too.

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What is an NFT online casino?

NFTs, or Non-Fungible Tokens, are quickly becoming the buzzword for 2022. In their simplest form, NFTs are unique digital assets that can be transferred across the blockchain.

Recently, we have seen unique digital creations based around art, sports trading cards, games, and more. The appeal of such assets, much like traditional art, is that there can only be one original copy. So, how does that work when it comes to using an NFT online casino?

As the Metaverse grows, the ways in which we can use NFTs grows, too. As a financial value is applied to each digital masterpiece, it makes sense to see that NFTs can be used as legitimate currency. This is how the first NFT casinos were born.

Much like traditional crypto assets, the new and exciting world of NFT gambling is thriving with buzzing advocates that can truly see the benefits of gambling NFT. Thanks to the speed and security of the blockchain, players can swiftly fund their accounts and look to enjoy the same perks, plus plenty of others, when compared to traditional online casinos.

How do NFT online casinos work?

In short, NFT gambling platforms work incredibly similarly to crypto or traditional casinos. However, as soon becomes clear in our Stake.com review, they offer plenty of additional perks, too.

Generally, most NFT gambling platforms allow bettors the chance to fund their accounts and wager across a range of casino games using NFTs as their chosen currency. Despite slightly higher fees, the decentralized nature of the blockchain helps ensure that all NFT gambling transactions are delivered safely and securely, eliminating the risk of interception from third parties. Once you have funded your account via your external wallet, you can look to load up your favourite slots, table games, jackpots, bingo, or crypto originals, and enjoy the great gaming experience found across many top online casinos today.

As popularity begins to spike, and understanding increases, we have found that NFTs could also be offered as a welcome bonus, part of a rewards program, cashback promotion, and plenty more. Players may find that they can even invest in a range of platform-specific NFTs, joining a unique shares system, and earning a set percentage along the way.

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How to register with an NFT online casino today

You only need to check out our Bitstarz review to see a real example of just how simple a process it is to sign yourself up to an online gambling platform. Below, we offer an overview of what to expect from the rest of the competition.

  • Enter personal details: To get the ball rolling, you will need to click signup or register. From here, you will be taken to a new screen that will request your name, date of birth, geolocation, and for you to create a username and password.
  • Verify your account and set up 2FA: Next, you are likely to receive an email that confirms your identity. You can then look to set up two-factor authentication through the google authenticator app, email, or mobile. This added feature ensures that any deposits and withdrawals will need a second confirmation and ensures (almost) complete security.
  • Opt-in to any bonuses and make your first deposit: It’s now time to head to your account and load up your online NFT gambling wallet. Much like any other crypto or NFT transaction, you’ll be able to send/receive using your external wallet, safe in the knowledge that your funds are safely being transferred through the power and security of the blockchain. It is around this time that we advise opting into any bonuses that require a deposit to unlock them, too.
  • Load up your favourite slots: Finally, with your account funded, it’s now time to head to the online casino section and begin making your way through the streams of slots, jackpots, and crypto originals. As always, we suggest wagering sensibly and enjoying the process.

Once you've registered yourself at a credible NFT gambling site, you'll be wanting to get your funds transferred ASAP. Taking this into account, we've dedicated this next section of our NFT gambling review to help identify the best NFT wallets for you.

Coinbase

Unsurprisingly, the renowned Coinbase platform features first on our list. Speak to any crypto or NFT enthusiast and they'll be familiar with the name. Popularity aside, this platform provides the chance to invest freely, purchase securely using fiat or crypto, and even has guides to help you buy an NFT at Coinbase.

Etoro

Another name many of you will be familiar with is eToro. This credible trading platform is a global powerhouse that offers a safe and secure eToro wallet to help keep your assets secure. Thanks to the fantastic functionality of the site, buying an NFT at eToro is as simple as it comes. Take advantage of fair fees, and accounts that suit different types of traders, and, if you encounter any dramas, customer support is on standby, too.

Binance

Our experts are also happy to recommend Binance. As an industry leader, user security and safety come as standard; however, the FAQs on how to buy an NFT at Binance, the array of tradable assets, inclusive fees, and the online experience are what help to set it apart.

Things to consider before joining an NFT online casino

By this section of our latest NFT gambling review, we would anticipate most of our readers would have concluded whether NFT gambling sounds like a viable option for them. With this in mind, we ensured that we enlisted the help of our experts to curate the below list of the top things to consider before gambling NFT.

  • Making use of a credible operator: Above, we recommended some top NFT gambling wallets and a few top places to gamble online, too. However, as you become more familiar with the Strafe.com website, you’ll soon see that there is an abundance of online casinos across the industry, offering all sorts of perks when gambling NFT. Before you dive in with one of our recommended operators, be sure to have compared a few of our reviews. Here, you will be able to better judge which credible operators are perfect for you.
  • Security features: When making use of our reviews, you can head directly to the security and licensing section. Throughout this section, our gambling NFT and crypto betting gurus will identify the legitimacy of your chosen platform’s license, alongside the array of precautions your preferred NFT gambling platform has taken, in an attempt to keep players’ personal and financial details safe and secure across the board.
  • Available digital assets: As noted on numerous occasions throughout this NFT gambling review, gambling NFT is still in its relative infancy. Bearing this in mind, we would always advise making sure that your chosen NFT gambling platform has the means to accept the transfer of NFTs. Often, we will find that dedicated NFT casinos will accept crypto only. However, if you are new to gambling NFT, we suggest finding a platform that accepts traditional fiat currencies, too.
  • Bonuses and rewards: Gambling NFT isn’t the only way that you can accrue NFT winnings when making use of an NFT gambling platform. In fact, another common use of such digital attributes revolves around bonuses and promotions. Since their recent surge in popularity, we have seen many crypto and NFT gambling platforms opt to dish out NFTs to reward loyal and long-term customers, as part of a dedicated VIP program.
  • Gaming portfolio: Lastly, before registering with an NFT gambling platform, we suggest checking the gaming portfolio. Nowadays, you are likely to see top-name providers featured across your gambling NFT platform, including Pragmatic Play, NetEnt, IGT, Evolution Gaming, and more. You can almost guarantee a quality gaming experience with backing from top providers; however, we would also recommend you choose a platform that features games that appeal directly to you.

Conclusion - is an NFT online casino the right option for you?

That brings our latest NFT gambling guide to its close. We hope it has proved helpful in deciding whether an NFT gambling site is the right choice for you.

By taking advantage of our dedicated NFT gambling operator reviews, you'll be able to find out more about this new and exciting way to deposit and play online. You may even find that you are gifted an NFT as part of the welcome bonus or rewards program!

Keep your eyes peeled for games that suit your requirements, additional perks that will benefit your gameplay, then sit back and enjoy the speed and security that comes as standard when NFT gambling online.

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NFT Gambling FAQs

✔️ Is gambling NFT legal?

Before signing up to the first NFT gambling site that offers a sizable signup bonus, we suggest taking advantage of our on-site operator reviews and finding a platform that is suited to your needs. Check the security, licensing, support, gaming portfolio, and more. 

💹 What is NFT gambling?

If you have recently made use of our Bitcoin.com review, then your interest may have been piqued at the prospect of gambling NFT, crypto, and fiat under one roof. Not 100% sure what NFT gambling entails? No problem, let our recent NFT gambling review guide you.  

🚀 What can I win gambling NFTs? ?

Gambling NFT is very similar to gambling with any other digital or traditional currency; however, due to its infancy, many bettors are sceptical about doing so. In our recent NFT gambling review, we hope to put any concerns to bed and highlight how you can find a top NFT gambling site, too.  

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Players must be 21 years of age or older or reach the minimum age for gambling in their respective state and located in jurisdictions where online gambling is legal. Please play responsibly. Bet with your head, not over it. If you or someone you know has a gambling problem, and wants help, call or visit: (a) the Council on Compulsive Gambling of New Jersey at 1-800-Gambler or www.800gambler.org; or (b) Gamblers Anonymous at 855-2-CALL-GA or www.gamblersanonymous.org.

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