Keep reading for more details regarding:
- How to bet using Ethereum.
- What is the difference between Bitcoin and Ethereum, and what better to use for wagering.
- How to place ETH deposits and withdrawal requests.
List of the Best Betting Sites That Accept Ethereum
Betting sites that accept Ethereum have higher wagering limits, low minimum deposits, and no withdrawal limits. Most legitimate anonymous Ethereum sportsbooks are highly secured and encrypted and do not charge additional fees.
Several countries restrict some ETH-accepting bookmakers. Ensure you check if your selected bookmaker is not limited to your region. The following are legitimate Ethereum online bookmakers: BetOnline, BetUS, Fortunejack, Stake, SportsBetting, Bovada, CloudBet, 1xBet, William Hill, Coral, Bet365, Ladbrokes.
Make a Deposit and Claim Your Bonus
Betting sites that accept cryptocurrency as a payment offer exclusive bonuses and promotions. Most ETH betting sites provide nice welcome bonuses, but a few have restrictive terms and wagering requirements. It is essential to join these betting companies’ VIP programs to get the most of their bonuses and offers. Research the terms and conditions for bonuses and promotions for your selected ETH betting site.
How to Use Ethereum for Betting
Ethereum to place bets on sports and games is simple, quick, and convenient. Here are a few tips on how to maximize the use of ETH for sports betting:
- Purchase Ethereum from a reputable and trusted cryptocurrency exchange platform, e.g., Binance.
- Register with an online Ethereum sportsbook.
- Go to your dashboard on the Ethereum betting site and select the cashier section.
- Choose ETH as your payment option. You will see a page to connect your Ethereum wallet address to your betting account.
- After connecting your wallet address, select how much ETH you want to deposit. Your transaction will be processed, and your betting account will get funds in seconds.
|👍 Minimum Deposit:||ETH 0.01|
|% Processing Fee:||Most Ethereum Betting Sites Only Charge Withdrawal Fees|
|⏱ Transaction Speed:||Instant|
|🆓 Largest Free Bet:||Bovada: 50% up to $250 Betwinner: $/€130 Free Bet|
|📱 Dedicated app:||Yes|
|🌍 Supported in:||Albania, Angola, Argentina, Barbados, Belarus, Bermuda, Colombia, French, Guiana, Gambia, Georgia, Germany, Gibraltar, China, Japan, Jordan, Kazakhstan, Kenya, Kosovo, Kyrgyzstan, Lithuania, Maldives, Malta, Mauritania, Netherlands, Nigeria, Panama, Peru, Singapore, Slovenia, Switzerland, Tanzania, Tunisia, United Arab Emirates, United Kingdom, Uruguay|
|💯 Best Ethereum Betting Site:||Xbet|
|⏩ Fastest Ethereum Bookie Withdrawal:||BetUS|
|⭐ Best Ethereum Bookie Deposit:||Bovada|
|🔝 High Deposit Limits:||BetWinner|
|🔁 Betting Exchange and Ethereum:||Mbet|
|🎁 Best Ethereum Bonus:||BetOnline|
What Is Ethereum?
Ethereum is an intelligent digital contract currency. It is the best way to make swift, secure, and untraceable transactions. Ethereum is the second internationally recognized decentralized cryptocurrency to perform transactions online. Ethereum is an investment as it appreciates and depreciates over time. It functions on an open-ended system. Every transaction completed on the Ethereum network can be seen as long as you have the transaction ID. ETH offers total transparency.
How to Buy Ethereum
There are numerous ways one can purchase Ethereum on the Internet. The most popular method is the use of crypto exchange platforms. These platforms are divided into fiat currency exchanges or cryptocurrency-to-cryptocurrency exchanges (C2C). Fiat currency exchange is when you use money to buy cryptocurrency. C2C is when you use a cryptocurrency to buy another cryptocurrency.
Here is a guide on how to buy ETH:
- Create an account with a cryptocurrency exchange platform that you find suitable. Upload legal documents to verify your identity.
- After verification, if using a fiat currency exchange platform, deposit money by adding your card or bank transfer.
- Proceed to use your deposited sum to buy the amount of Ethereum you wish.
- If using a C2C exchange platform, this can be more complex. You will need to send cryptocurrency by code from one wallet address to another.
Ensure that your selected cryptocurrency exchange platform is secured, trusted, and legal. Here are a few reputable platforms: Binance, Coinbase, and KrakenKingdomi.
Making Deposits with Ethereum
Ethereum’s deposit process is slightly different from all other deposit payment options. Select Ethereum as your deposit method. After this, the sportsbook’s Ether wallet address will appear. Copy the address. Send the amount you want to deposit to the address from your Ethereum wallet address. Your betting account will be funded within minutes, and the funds will reflect in your chosen fiat currency. Most betting sites that accept Ethereum do not charge deposit fees.
Requesting Withdrawals with Ethereum
Won something at an Ethereum sports betting site? Congratulations! Now, it’s time to get that money out, which is as easy as using any other payment method. The process is slightly different, but following our step-by-step guide, you shouldn’t find it hard.
- Head to the Cashier or Payments page on your account page
- Choose Ethereum from the list of options
- Copy and paste the Ethereum withdrawal address from your crypto wallet
- Copy it on the Cashier page
- Enter the desired amount
- The withdrawal takes from 15 minutes to 48 hours
ETH withdrawals are free of charge. Always check the minimum and maximum limits – if you’re withdrawing more money than the bookie allows, you’ll have to make several requests.
Using this payment option for withdrawals is instant and secure. You can either convert your winnings to your fiat currency, note that additional charges will occur if you proceed this way, or withdraw your winnings from your betting account to your wallet address. Withdrawing your winnings directly into your wallet address removes the possibility of further charges.
Most Ethereum betting sites only charge withdrawal fees. Taxes are not set on your winnings because your transactions are anonymous unless you fill out KYC forms for some betting sites and, in the process, give away some personal information. Withdrawal fees are only a proportion of the withdrawn amount. Some bookmakers change fees for conversion. It is when you convert your ETH to a fiat currency.
Ethereum Specials Betting
Sports betting Ethereum sites offer a variety of specials to bet on. They include outright winners, event winners, prop bets on individual performances, or live bets on who scores next in a match.
You can easily bet Ethereum on who wins the next World Cup or Premier League. This market is mostly the same as futures since you’re betting on a future event. Outright winners are great bets that may take some time but offer significant profits. Their odds can change over time and are best taken as early as possible.
Who wins this season’s Champions League or Europa League? You can bet with Ethereum on your favourite (for example, Barcelona to win La Liga) or go with an underdog if you believe they stand a surprising chance for even longer odds. It is an example of picking an event winner at the best Ethereum sportsbooks.
Who Will Score Next
Who scores next in the Manchester City-Liverpool derby? For seasoned bettors, it shouldn’t be hard to predict this, although you may need to look at some stats before you take part in it. This exciting live betting market often comes with fantastic odds.
Props (proposition) bets are offered on individual performances in a football, tennis, basketball match, etc. This bet doesn’t concern itself with the winner, but a particular stat, such as Lebron James recording ten assists in a game. They are trendy among seasoned bettors and also offer great value to new bettors.
Team performance bets are the opposite of player props. Ethereum sports betting sites may offer a different team performance stat to bet on, such as if a team will score 2 or 3 goals. This market is exclusively available for team sports.
Do you think you can predict the final score of a football derby? Bookies often offer several score lines to bet on, giving you plenty of options. At some Ethereum online sports betting sites, you’re even allowed to pick the score yourself. A lucrative market at the best Ethereum sportsbooks, it can offer great value to bettors since it’s always hard to predict the final score.
Countries Where Ethereum can Be Used for Sports Gambling
Not all countries allow the use of Ethereum and other cryptocurrencies for gambling. Some countries prohibit the use of Ethereum betting platforms. The following countries will enable ETH and other cryptocurrencies to place bets online: Canada, Japan, Australia, the United Kingdom, Greece, Belgium, Netherlands, and Poland.
Ethereum Alternatives for Betting Online
If you find the use of Ethereum as a means of payment too complicated, here are several alternatives: Bitcoin, Debit card, Neteller, Google Pay, Bank transfers, Litecoin, Skrill, Credit cards, Paysafecard, Paypal, Apple Pay, and many more. Kindly note that you will not be eligible for some bonus offers and promotions if you use some of these payment options as your preferred method to place deposits.
Differences between BTC and ETH
These two widely recognized cryptocurrencies have similar blockchain technology, open-ended systems, and distributed ledgers. The difference is that Ethereum has a smart contract; it is a programmable blockchain, which allows it to develop secure decentralized applications. While Bitcoin is designed to be an alternative to regular currencies, it is just a decentralized digital currency. The difference is in their contracts. Every other feature is similar. Ethereum appeared to complement Bitcoin and make up for what it lacked.
How to Stay Safe When Betting with Ethereum
There are only a few reputable and legal Ethereum betting sites. Several regions restrict some betting sites that accept Ethereum for gambling. Here are a few tips on how to stay safe when betting with ETH:
- It is advisable to check if your selected ETH bookmaker is allowed in your region. You can use virtual private networks (VPN) to access restricted sites.
- Ensure that your chosen cryptocurrency betting site is regulated, licensed, and has SSL encryption.
- Read reviews about the ETH sportsbooks to find out if it is trustworthy.
- Enable 2-factor authentication (2fa). It is for added security measures.
When entering personal information into any betting site, use caution and wager wisely.
You don’t have to enter personal information because Ethereum bookmakers offer anonymity. You also do not need to go through any verification process for Ethereum betting sites. The only verification you’ll perform is on the cryptocurrency exchange platform of your choice. You can also carry out transactions using different wallet addresses. ETH betting sites do not require you to fill out KYC (know your customer) forms.
Is Sports Betting with Ethereum Safe & Legal?
Every Ethereum betting site on this page is perfectly legal. However, when it comes to crypto laws, it all depends on the country/state you live in. Some will allow you to bet with Ethereum, while others won’t. You should check your local laws and obey them regardless of your desire. If your country doesn’t allow Ethereum sports betting, it’ll be illegal to join an Ethereum sportsbook, bet, and withdraw any winnings.
We urge you always to respect the laws of your country, as we don’t want you to get in trouble.
Ethereum Betting Tips
Why should you choose Ethereum transactions at betting sites? Here are a few tips that will help you make the switch.
- Ethereum uses cutting-edge encryption, ensuring the coins don’t fall into the wrong hands. It’s one of the safest and most secure betting payment methods.
- A significant advantage of Ethereum is that you can deposit and withdraw money. Deposit Ethereum, and you don’t have to worry about choosing an alternative when you need to withdraw.
- The top Ethereum sportsbooks have no fees. Pick one from this page and forget all about fees.
Ethereum Popular Bet Types
There are plenty of bet types at the best Ethereum sportsbooks. You can bet on popular varieties such as outrights, handicaps, match winners, props, and many other bets.
The total market focuses on betting over or under a line set by the bookie, which can be goals, corners, or anything else, depending on the sport. For example, if you bet over five goals in a La Liga match, your bet will win if the game ends 3-3. This market isn’t focused on the winner but on the number of specific goals (or another stat).
Sometimes, the difference in quality between 2 teams in any sport can be too big. To level the field, bookies may handicap the favourite to give the underdog an advantage. Handicaps are especially popular in football. An example is when Barcelona plays Getafe, they might be handicapped by two goals. If you bet on Barcelona, they have to win by three goals to cover the spread.
As expected, the Asian handicap is especially popular in China. It’s yet another form of spread betting similar to the handicap. Compared to the European handicap, there are only two outcomes in this market, so you can either bet on the home or away team as the winner. Similar to the European handicap, teams are given advantages or disadvantages displayed in goals but with non-integral symbols such as + or – 1.5.
Futures are similar to outrights and available at many Ethereum sports betting sites. As the term explains, these are bets on future events, for example, if Brazil wins the world cup. Futures are usually available early before the event or right before it. Their odds change as time passes by.
What Sports to Bet on with Ethereum?
Ethereum can be used like any other cryptocurrency regarding online sports betting. You can bet anonymously with it on various sports, including football, basketball, tennis, baseball, and more. Not sports is off the list – it’s yet another payment method in the long line of available options, but a more convenient one than Dogecoin or even Bitcoin.
Ethereum brings several improvements over the original crypto blueprint. Apart from the fact that it has smart contracts, it has much faster transactions than usual and relatively low fees. Plus, it’s a more widespread option at Ethereum sports betting sites than Dogecoin, the second-biggest cryptocurrency on the market.
What are the most popular sports you can bet on with Ethereum? Football leads the list, but other sports hold great value when you bet with Ethereum.
Football is one of the biggest sports in the world, so it makes sense that it’s at the top of this list. Betting with Ethereum on football isn’t any different than funding your account with any other payment method. Ethereum bettors can enjoy the action on all football events, including the five major European leagues and the Champions League.
The NFL is a significant sports market that especially gets the attention of US bettors. Dozens of millions bet on the Super Bowl yearly, making it one of the largest annual events in sports. It’s also one of the most popular markets at Ethereum sportsbooks, both for new and seasoned bettors.
You can easily place an Ethereum bet on baseball matches and get a nice return. Whether the MLB or international competition, baseball holds a particular spot at the best Ethereum sportsbooks. It requires a bit more stat-searching than football, but it also has numerous valuable markets that will certainly be worthwhile.
The NBA is one of the most popular sports leagues in the world. It has thousands of matches to bet on during the regular season and playoffs, with fantastic action night in and night out in every Ethereum sportsbook. The explosive action makes an Ethereum sportsbook unique depending on the choice of markets and props that are especially important for NBA bettors.
Tennis may be far from football in terms of popularity, but it’s quite an excellent option for Ethereum transactions. Best Ethereum sportsbooks will offer a wide range of tennis bets you can profit from when you depo. The action on the 4 Majors is precisely what seasoned bettors crave.
Esports is an emerging betting market attracting quite an interest among bettors. Available at nearly every Ethereum betting site in 2022, it allows you to bet on competitive video games such as LoL, DOTA 2, FIFA, CoD, and many more. The action is a bit different than what sports bettors are accustomed to, but that makes it so great if you want something a bit further and great returns on your bets, thanks to the precious odds.
Although it’s a new Ethereum sports betting market, virtual sports have become quite a popular option for Ethereum deposits. Virtual sports markets are controlled by an RNG, making them different from real-life sports. You can bet on the most available real-life sports, including virtual football, tennis, basketball, horse racing, greyhounds, and more. Of course, you don’t have to wait for matches tomorrow or next weekend, as derbies are available 24/7.
New Ethereum-Friendly Sportsbooks
The use of crypto for placing bets is beginning to catch on. The number of betting companies accepting cryptocurrency as payment is increasing daily. Bookmakers are taking this payment method because punters appreciate anonymity, speed, and security, and there are no withdrawal limitations. New Ethereum-friendly sportsbooks are Sportaza, Cyberbet, Anonym Bet, and Rabona.
Factors We Consider While Choosing Ethereum Betting Sites
We consider numerous factors when we review the best sportsbooks with Ethereum transactions. It’s not just about the license. We pay attention to the global reputation, the variety of markets, and customer service. We believe all these parts play a significant role allowing you to have the best possible experience.
A good betting site with Ethereum deposits will be globally available. Worldwide acceptance is one of the most critical factors we check. What good will it do for Europeans if the bookie is only available to US bettors? That’s why our Ethereum sports betting sites are globally available.
Ethereum Betting Site Reputation
We always pay close attention to the online reputation an Ethereum bookie enjoys. We believe that real user comments online can give a pretty clear picture of what you can expect. We take the site’s promises with a pinch of salt if there are too many negative comments. If there are good reviews that align with our opinions, it’s clear that the bookie is 100% legit.
Is the Ethereum Betting Site End-to-End ETH?
Some Ethereum sites use other blockchains to facilitate transactions. That’s not a problem, but the fees can be expensive. Our recommended Ethereum sportsbook sites are end-to-end Ethereum in nature, allowing you to make native Ethereum transactions.
Customer service is another crucial factor when we review ETH betting sites. A bookie can’t call itself great if it doesn’t have 24/7 support. Several channels for communication should also be open, including email, live chat, and possibly a phone number. A FAQ or Help page is available.
Secure Ethereum Payments
Security is one of the most important things when using Ethereum at sportsbooks. All the Ethereum bookmakers on this page are 100% safe and secure. They are SSL-certified, allowing for secure transactions and data protection.
Fast Deposits & Withdrawals
A good Ethereum betting site should feature fast deposits and withdrawals. Our ETH bookies aren’t fast – they’re instant. You can bet that all deposits will complete immediately, while transactions take a bit more time depending on the bookie’s pending review period.
Fair Deposit & Withdrawal Limits
What good would an ETH sportsbook be if the minimum and maximum deposit/withdrawal limits are too low? We’ve reviewed only betting sites with fair deposit and withdrawal limits. That can be said for ETH and fiat money deposits and withdrawals, allowing you to pay as much as you want when joining.
Good Betting Features & Resources
Lastly, we also ensure that the best Ethereum sportsbooks have many great features. You don’t need to look for those sites – they’re already available on this page. Resources, too – it’s always great when a bookie has useful guides on Ethereum deposits and more.
Is It Worth Using Ethereum for Betting Online
Ethereum betting sites offer great odds and exclusive bonus offers. It is a payment option that provides anonymity and is highly secure and fast. It is an excellent investment when there is a positive swing in the price of the ether cryptocurrency. Your winnings are appreciated. The payouts are better in bookies that accept ETH. You can bet with ETH on any sport, such as Esports, basketball, football, tennis, basketball, horse racing, and many more. You can even play casino games using Ethereum.
Not all countries have accepted the use of cryptocurrency as a digital currency. Various regions have different cryptocurrency legislation, and some countries have outright bans. Ensure to research and learn more about cryptocurrency regulations in your country.
- Countries that allow the use of Ethereum for sports betting include: Canada, Japan, Australia, the United Kingdom, Greece, Belgium, the Netherlands, and Poland.
- The benefits of using Ethereum for betting are anonymity, speedy transactions, huge payouts, exclusive bonus offers, no withdrawal limits, low transaction fees, and transparency.
- Popular sports bet types in Ethereum betting are parlay bets, prop bets, moneyline bets, midline bets, point spread bets, and specials.
- Alternatives for online betting with Ethereum are Bitcoin, Google Pay, Skrill, debit card, Neteller, Paysafecard, Trustly, credit card, Apple Pay, and bank transfer.
- The best sports betting sites that accept Ethereum are BetOnline, BetUS, Fortunejack, Stake, SportsBetting, Bovada, CloudBet, 1xBet, William Hill, Coral, Bet365, Ladbrokes.
- Countries restricting Ethereum bookmakers are India, Denmark, Bolivia, China, Iran, Bangladesh, Nepal, and Thailand.
Regarding total privacy, transparency, and secured and fast transactions, Ethereum betting sites are your best option. Ethereum is not yet widely recognized as a payment option, and cryptocurrency is banned and highly regulated in some countries. With time, more countries will accept and legitimize the use of cryptocurrencies.
Cryptocurrency legislation is not uniform between countries and jurisdictions where it is accepted, which might be a concern. Register with one of the best Ethereum betting sites, have access to exclusive deals and enjoy a fantastic and thrilling betting experience. Remember to gamble responsibly, also cross-check the wallet address before inputting it for any transactions to avoid costly mistakes.
Frequently Asked Questions
Is Ethereum betting legal?
Ethereum betting is allowed in regions accepting cryptocurrencies as payment. Each country has its cryptocurrency legislation, so check to see if betting with cryptocurrency is legal in your country. Some bettors use VPNs to access ETH betting sites because they are not allowed in their places.
Is betting with Ethereum safe?
Betting with Ethereum is safe and highly secured. Make sure you don’t make any mistakes when completing crypto transactions, as they are irreversible and non-refundable. Sign up for ETH bookmakers that are reputable and trustworthy.
What is the best Ethereum betting site?
There are a few legal and reputable Ethereum betting sites. They offer complete privacy/anonymity. The following are the best ETH bookmakers with great odds: Bovada, Bet365, BetOnline, Cloudbet, and many more.
Where to buy Ethereum?
There are various ways to buy ETH on the Internet. The most used method is the crypto exchange platform. Purchase ETH from a cryptocurrency exchange platform or a friend. Choose a legitimate crypto exchange platform that meets your needs and use the peer-to-peer method to buy ETH.