Ethereum betting

Sports betting with ETH might not ring the bell for gamblers 5 years ago. It wasn’t popular and widespread as the crypto industry was evolving. In wake of the lighting-quick adoption, Ethereum and Bitcoin have been brought to the gambling business. What can be better than playing your favorite slots, poker, and blackjack using the most illustrious altcoin of all time? Fair enough, the answer is crystal clear. Ethereum is light years ahead of its competitors when it comes to blockchain technology, speed of transactions, and mass adoption.

We have collected an up-to-date list of the Ethereum casinos where you can have a dizzy time by playing online slots with ETH.

How do we rate online Ethereum betting sites?

We make a thorough analysis of the betting sites that accept Ethereum to make sure that they are legit and apply for our list. Sports betting sites that work with altcoins are offshore. Therefore, the choice of a foreign bookmaker or betting exchange must be approached with caution.

Security & Licensing

There’s nothing that can be more important than security and licensing. We have a keen eye on this aspect. The ETH betting sites need to be regulated and have a valid license from well-known regulators. If the casino is regulated by the Gambling Commission UK or Macau Gaming Inspection, for instance, it shows that you can trust this institution wholeheartedly.

Website Design

The website design should be attractive and catchy. It’s one of the most important aspects that gamblers pay attention to when choosing a righteous betting site.

Customer Support

Customer support should be responsive and work round-the-clock to provide second-to-none support to the clients. Gamblers might face a lot of issues during their betting time, so it’s important for customer support to be legit.

Sports Accepted

Most players bet on major international tournaments and the world’s leading club leagues. There is a wider lineup, high stake limits, and a huge amount of information.
UEFA Champions League, NHL, NBA, NFL, and other major leagues are at your elbow.

Bonuses & Promotions

To make your choice easier, we have compiled a list of currently available best Ethereum betting sites that accept cryptocurrency. When compiling the rating, the above nuances were taken into account.

How to start betting?

First of all, you need to pick your desirable betting site and register there. After the registration, you need to top up your account with Ethereum. Furthermore, you can find the sporting events you like and place bets on them.

Choose the sports you are best at. You need to bet on what you understand. The better you know the athletes or teams you want to bet on, the more money you can make as the likelihood of unpleasant surprises is lower. For example, the presence of rules that you did not know about.

Feel free to analyze. It is better to sit an extra hour, spending time studying the upcoming event, than to face some unforeseen problems. More knowledge means higher chances of success.

How to make a deposit with cryptocurrency?

In addition to traditional deposit methods, players can deposit in cryptocurrencies. But how to make a deposit using a crypto wallet?

Well, it’s not a mammoth task. All you need to do is to stick to a plan that will spare you from the hassle with deposits/withdrawals of your crypto. First and foremost, you need to create your Ethereum wallet. ERC-20 blockchain is one of the most innovative and widespread in the world, a lion’s share of investors use it for creating apps on it. Make sure that your wallet is trusted and positive comments in the internet can only prove this standpoint. Take a closer look at Metamask, Trustwallet, or 1INCH. Afterward, you can top up your account with USDT and buy Ethereum, or you can transfer ETH from the exchanges.

If your wallet has been funded, then you need to transfer your ETH from your wallet to the casino. As a matter of fact, it takes 5-10 minutes to seal the deal. Pay attention to the payment as you can track it on the etherscan. After this transcaction will be approved on the blockchain network, your funds will be credited at the casino.

The bookmaker will automatically convert the money and credit it to an account in cryptocurrency. Funds are credited to the game balance instantly. Commissions depend on the rules of the crypto exchange service.

Popular sports at crypto sportsbooks

A vast array of sports are available for gamblers who enjoy ETH sports betting. Football/soccer, basketball, hockey, tennis, and so much more will be at your fingertips after registering at the crypto casinos. What to bet on to earn a pretty penny? We are looking for the best sport for betting. Is there a sport, betting on which you will always or almost always stay in the black? Let’s figure it out.

Football

Among the most popular sports are football or soccer. Other types are much less popular with players. Even in football, there are more and less popular events. Most players bet on major international tournaments and the world’s leading club leagues. There is a wider lineup, high stake limits, and a huge amount of information.

Basketball

There are a lot of International and European leagues at your service, including the NBA. You can bet on NBA marches, individual totals over/under, the first team to score. In these games, it is important to pay attention to the team calendar. If one of the parties has recently played on a tight schedule with a lot of flights, it is likely that by the end of the meeting the players will be tired.

It is imperative to study the statistics of personal meetings between athletes and teams.

Hockey

You can find a ginormous hockey betting line. NHL is the best league in the world, so you can earn money by placing bets on top-notch outings.

Tennis

The ATP and WTA matches are available for making bets. You can place bets on major tennis tournaments according to your know-how and gut feeling. There are few real all-rounders in tennis, there are much more narrow specialists. For example, those who play great only on grass.

Don’t discount motivation. In tennis, there is such a thing as the protection of rating points. If a player played well in a tournament a year ago, he will probably give 100% even now so as not to lose rating points. Otherwise, it will quickly drop in the rankings.

Pros and cons of Ethereum betting

The main advantage is the anonymity provided by blockchain technology. Transactions in digital currency do not allow the identification of a person. Deposits and withdrawals are anonymous. You don’t have to report on earnings on sports predictions, because it is impossible to track such transactions.

In addition to confidentiality, transactions in cryptocurrency in bookmakers have the following advantages:

• High security. When making a bet, the terms of the transaction are set in advance, depending on the outcome of the event. No one can intervene in the execution of the operation.
• Transaction speed. Fiat transactions are performed by the systems of the banks used. They are snail-paced. Therefore, transaction processing times can be up to 5 business days. Crypto assets are a whole different story. Transfers of Ethereum rarely take more than 15-20 minutes.
• Low commissions. When depositing and withdrawing cryptocurrencies, you can be sure that bookmakers or payment systems will not steal to the skin with their commission costs.
• Anonymity. Many popular blockchains are transparent. But users can only track public information. Players’ personal data remains private. conversion costs. Bookmakers that exchange clients’ cryptocurrency deposits for fiat before being credited to accounts charge additional commissions. At the same time, bookmakers often carry out conversions not at average market quotes, but at favorable rates for themselves.

Cons

• Volatility. As long as a player bets at the crypto casino, the cryptocurrency might snowball in price.
• Digital transactions cannot be reversed. If you enter the recipient’s address incorrectly, the funds will be lost forever. This is the functional difference between cryptocurrency payments.
• Conversion costs. Bookmakers that exchange clients’ cryptocurrency deposits for fiat before being credited to accounts charge additional commissions. At the same time, bookmakers often carry out conversions not at average market quotes, but at favorable rates for themselves.

The price of Ethereum not only grows in price but also falls. Practice shows that in the long run, digital coins always rise in price. Therefore, do not try to immediately get rid of the cryptocurrency when the price falls. Keep increasing your cryptocurrency balance, and after a while, the profit will be doubled.

FAQ Section

Are Ethereum sports betting sites safe?

Ethereum sports betting sites as extremely safe, legit, and reliable. Gamblers can deposit/withdrawaw their funds and make bets without fraud concerns.

Is Ethereum gambling legal?

Ethereum gambling is a no-brainer. It can’t boast longevity in the gambling arena, but it’s legal and is provided by well-thought-of regulators.

Do Ethereum betting sites offer bonuses?

It depends on the betting site you choose. More often than not, popular Ethereum betting sites offer heartfelt bonuses for their clients.

Are Ethereum betting site withdrawals really instant?

Yes, the withdrawals are quick as a flash. Blockchain technology processes payment requests instantly. Money comes to the account instantly.