Top Rated Ethereum Betting Sites
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How to Choose the Right Ethereum Betting Sites
We have gone through all of the above Ethereum betting sites with a fine tooth comb to make sure that they offer a safe, secure, and enjoyable gambling experience. But, no matter how good it is, it may not be the best one for you based on your financial situation, where you live, or other reasons.
So, here are the main things you should consider when choosing the right ETH betting site for you.
The Restricted Countries
Just because an ETH casino is legal, it doesn’t mean that it is regulated where you live. As such, when looking through reputable sites, you need to double-check that you are allowed to use it for gambling.
For example, if you are based in the US, then whether or not you can play on the site may well depend on what state you live in. Also, several sites may not accept players from the UK.
If you attempt to use a VPN to play at an ETH betting site from a prohibited country then your account may be closed and you might lose any money in it.
Industry Reputation and Trustworthiness
As soon as you know that the ETH site is regulated in your area, then you need to make sure that it has established a decent reputation within the industry.
Most of the recommended ETH betting sites will be licensed and regulated under the laws of Curacao. However, because this is a relatively new and somewhat unregulated industry, it may be that the site doesn’t have a license but that doesn’t necessarily mean that you shouldn’t play there. In those instances, you may want to look at online reviews from real players and the feedback they receive. It’s also good to see how they respond to any disputes or complaints.
We have already researched the reputation of those sites we have recommended, so you won’t need to worry about that if choosing one on our list.
It’s also a good idea to see how long the casino has been around. If the site has been operating for a long time, it shows that it has a solid enough reputation that players keep coming back. Some have been around for over a decade – which indicates that they have a good reputation. If the site is younger, simply check the feedback and make your decision based on that.
The best Ethereum sites also offer provably fair games. They utilize a cryptographic method that ensures that neither the player nor the casino can know the game’s outcome until all bets are placed and the result is decided, which means it cannot be manipulated. After the game is finished, you will then be able to verify for yourself that the game was fair.
On our top recommended sites, most of the games available will run on the provably fair mechanism, giving you more confidence and trust,
The Quality and Quantity of Games
OK, so you know that the site is safe, but is it fun? That’s pretty important too right?
Depending on what type of player you are, different sites will be more appealing. If you are a casino classic fan, then you might want to opt for those that have a wide selection of table games and a decent live casino.
You may be more of a slots player – in which case you want to see whether or not it offers a wide assortment and variety of slot games from the very best providers.
If you are an all-rounder, then simply look through the catalogs and see that it offers all the types of games you want.
Does it Have a Sports Book?
Some casino players also like to have a little flutter on their favorite sports team or player every now and then. Some of the best Ethereum betting sites will offer a solid sportsbook with mainstream and more niche sports to bet on.
Not all Ethereum betting sites offer the same depth of markets and lines to bet on – and some offer more generous prices. Look through the sportsbook, check the sports on offer, and see how generous the odds are compared to others for the sport/s you are the most interested in.
The Player Pool
This is particularly pertinent if you are a poker player and want to check out the Ethereum poker rooms.
Many of the world’s biggest poker room sites don’t currently accept cryptocurrencies – and those that do will require you to exchange the money for fiat currency, which can cost a lot in exchange fees. So, if you do want to play poker, then choose a site that accepts Ethereum – with no exchange required.
When doing so, we recommend that you look at those sites that have a decent pool of players along with regular guaranteed tournaments. Because the biggest poker players will normally play at the largest traditional sites, the level of games will usually be much easier. Whilst this is great if you are new, you may find that it isn’t so challenging if you are a bigger player.
Banking Terms and Speeds
When you have ensured that the site is safe and it offers the services you’re looking for, you need to check out the payment options – the withdrawal speed and terms more specifically.
The best Ethereum betting sites will offer super-fast payouts. So, if you do manage to hit a big win then you will be able to withdraw your money ASAP. This is particularly useful with crypto withdrawals such as Ethereum as its value fluctuates daily… so you can withdraw your wins without the risk of it losing value in the meantime.
However, some ETH betting sites may cap your weekly or monthly withdrawals. As long as the maximum cap isn’t too low and the site is trustworthy, then it shouldn’t be too much of a problem. If the value of ETH does fluctuate in that time then we recommend you wait until the value has gone back up again before you exchange it back into fiat.
Bonuses, Promotions, and Rewards
If you are a bettor who likes getting value for money, then you will want to choose an Ethereum site that offers lots of generous bonuses, promotions, and rewards for new and existing players – including loyalty and VIP rewards.
Look to see the size of the welcome bonus – and, ideally, it should also have a no-deposit bonus, so you can try the site before you make a deposit.
You should also head over to their promotions page, look at their VIP rewards programs and see how well you will be rewarded for signing up and playing. Also, check out to see which ones offer competitions, tournaments, and events for added excitement.
The best ETH betting sites will also have fair terms and conditions, such as reasonable wagering requirements and decent time limitations, so it isn’t too difficult to claim your bonus and withdraw your winnings.
The Pros and Cons of Using Ethereum on a Betting Site
Ethereum is the second biggest cryptocurrency in the world, next to Bitcoin, and many ETH fans believe it has even better long-term potential than its big brother.
That being said, when you start betting with Ethereum, here are the advantages and disadvantages you might encounter…
ETH Betting Vs Traditional Fiat Betting
Let’s take a look at how they compare: the pluses and minuses…:
More Financial Privacy and Anonymity
Many of the top Ethereum betting sites will offer players complete privacy when playing end-to-end ETH. This means that your betting activities will be kept safe from your bank and credit rating agencies – and anyone else you don’t want to know about it.
This will give you complete financial freedom – so you can do what you want with your money without any repercussions.
When playing at a traditional betting site, you can be hit with several fees – including deposit and withdrawal fees, credit card fees, etc.
This is where ETH betting sites have the advantage – the fees attached to Ethereum are much lower – lower than fiat currencies and even lower than Bitcoin transactions.
The traditional betting industry is filled with stringent regulations. The betting sites need to obtain a license for every country it operates in, pay taxes and fees, etc. If you are living in a restricted country, then the betting site will be able to block your activity based on where your financial activity is coming from.
However, addresses and locations aren’t linked to your Ethereum, which means that no one can know where in the world the money is being sent from. So, if you use a VPN, you can play from wherever you are in the world.
That being said, if the site does find out that you are playing from a restricted country, they can withhold your withdrawals and keep your money. As such, we wouldn’t recommend it.
More Generous Bonuses and Promotions
You will find that the best Ethereum betting sites will offer bigger, better, more generous, and more frequent bonuses than most fiat casinos – but why?
Mainly, it’s because transaction fees are a lot lower – for players and the betting sites. The sites save money on deposit, payout and chargeback fees, etc.
A good site will pass some of these savings on to you – in the form of bonuses and promos.
Because you don’t need to enter any of your personal or financial details online, it is one of the safest ways to play. Just make sure you keep your private key safe and you’ll be completely protected.
Disadvantages of Ethereum Betting
That being said, there are some disadvantages of using Ethereum:
- Fewer Regulations: Because ETH gambling is much newer, there are fewer regulations surrounding it.
- No Chargebacks: If your ETH betting site chooses not to pay out your winnings, you have no way of getting your money back.
- Volatility: If the value of your ETH drops, you might lose money even if you win your bets.
Overall, apart from the volatility, which can’t be avoided, the other drawbacks can be mitigated by making sure you play at a safe and trusted ETH betting site and the advantages far outweigh the disadvantages.
Why Betting with Ethereum is the Future
If you are considering gambling with Ethereum, but are still sitting on the fence, then these are the reasons why betting with Ethereum is the way forward:
Fiat Currencies are Less Effective
No matter which way you look at it, the overall value of fiat currencies is constantly going down because of inflation. So, for example, what you can get now with €100 will be a lot more than what you will be able to buy with €100 in 50 years.
As long as governments remain in control of fiat currencies, they can control your money and have power over you. Banks have total control over how you can spend your fiat currency. As far as they are concerned it is always their money and you just get to use it… as they see fit.
Ethereum is completely different. This is all yours. No government can control your money, no banks or financial bodies can control your money – and many believe that the value is due to go up in the long term rather than down. As such, It is a better investment.
Riding the Bull Market
When you bet with fiat currencies, the currency generally holds its value for a long time, with the only real movement being a slight downward trajectory. However, with Ethereum in the long term, especially if you hold on to it for a few years, you can ride the bull market and the value of your money could increase quite significantly.
Stay in Control
No matter how much money you have and how controlled you are, banks don’t like gambling websites. Some go so far as blocking not just transactions, but your entire account simply because you want to spend your money at an online betting site.
Do you want to place your bet on a betting site? Playing with Ethereum means you can do so whenever you want!
Even Better Betting Sites
Even if a standard betting site accepts Ethereum, you might find that it is a pretty old-school website – with slow withdrawals, low-quality graphics, and poorly designed platforms.
However, because Ethereum sites are much newer, they usually enjoy much better technology and are more innovative and forward-thinking.
How to Start Betting with Ethereum
If you’re ready to take the step, you need to make sure you do it properly: these are the steps you need to follow if you want to get betting with Ethereum:
Choose One of Our Recommended ETH Betting Sites
Our expert reviewers put in a lot of time and effort to choose which sites make it onto our list of recommended ETH gambling sites to make sure that you don’t spend your money at a scam site.
That being said, what one is right for you depends on your taste, so read through our reviews to see which site suits your needs the most.
Click on our link over to the website and register for a new account.
Buy Ethereum (If Needed)
If you want to bet with Ethereum, you need to have Ethereum. If you already have an ETH wallet with funds in it, you can get started. However, if you don’t, you need to get some.
For this, you will need to find a trustworthy Ethereum exchange that has a good reputation in the industry – such as Binance or Kraken.
Transfer Your ETH to your ETH Wallet
Once you have your Ethereum, you need to transfer it to a wallet. This means you will need to have a safe, secure, and trusted ETH wallet.
Again, there are plenty of options, so you need to do your research first – and the one you choose will depend on how you want to spend your money and how secure you want your funds to be.
Make Your Deposit Carefully
Open up your new ETH casino account and select deposit – and choose ‘Ethereum’. You will then see a public wallet address attached to your account – which is a series of letters and numbers. Copy it.
Then, return to your Ethereum wallet, paste the address, enter how much you wish to deposit, and then click on ‘Send’.
Your deposit can take a few minutes to complete, so don’t fret if it’s not there straight away. You can then get playing!
The Best Games on Ethereum Betting Sites
The good news is that you can enjoy the same excellent selection of games and betting opportunities on an Ethereum betting site as you would on a traditional fiat gambling site.
At the best sites, you will find hundreds – and even thousands of Ethereum slots games, many Ethereum sports betting opportunities, and even special crypto games that you won’t find at a traditional fiat betting site – something to satisfy all tastes from all of the top providers:
Online Slot Games
When you open up most Ethereum betting sites, it will be the online slots catalog that makes up the lion’s share of the games.
Some of our top recommended ETH sites offer thousands of top titles of all different varieties including the more traditional and classic fruit machines to the 3D video slot games with different themes including Ancient Egypt, Vikings, TV and Music branded games, Space-themed games… all sorts.
There will be games with 5 paylines – and games with thousands of paylines. Some will be played on the standard 5×3 grid, whilst others will have bigger gaming grids. There will be all sorts of bonus features and rounds with state-of-the-art technology.
Then, of course, we can’t forget about those jackpot slots – where you can potentially win 6 and 7-figure prizes.
The best thing about slot games is the fact that there is something for everyone. These are also 100% luck – no strategy required!
Casino Card Games
Lots of crypto casino connoisseurs love a good card game – and these will be plentiful at any decent online Ethereum betting site.
We would expect to see a variety of blackjack games including different types of video blackjack games and live dealer blackjack games.
Additionally, we also look for other titles, such as baccarat, poker, and more.
Most players will be familiar with that famous roulette wheel – one of the most popular and widely recognized casino games across the globe.
At the very best Ethereum betting sites, we would expect to see a variety of titles such as American Roulette, European Roulette, and French Roulette – both virtual and live casino titles. Ideally, they will offer a few edgy and innovative games such as Speed Roulette, Double Ball Roulette, Lightning Roulette, and more.
We will also expect to see a selection of Dice games. Obviously, there is the main crypto dice game, where you choose a number between 1 and 100 and then bet on whether the dice roll will be over or under that number. You can make your bets as safe and risky as you like.
However, you should also be able to find more traditional casino dice games. The most well-known is Craps, where you get to bet on the roll of 2 dice that are thrown on a large green table with high walls.
Other classic dice games to look for include Klondike, Sic Bo, and Banka Francesca.
ETH Crash Games
One type of game you will find at crypto and ETH gambling sites that you won’t find at traditional online casinos and betting sites are Crash games.
Originally, the Crash games were based on the stock market and still work on the same concept. You bet on the game and watch the line as it goes up the graph – and try to predict where the graph will crash – and cash your money out accordingly.
This game is as straightforward as it is possible to be – whilst offering a thrilling, fast-paced and exciting betting experience.
Ideally, there will be other blockchain-based games as well, such as HiLo, Mines, Plinko, and more.
Online poker has never been more popular – and its growth in both the traditional and crypto worlds is astonishing.
The top ETH betting websites will offer a whole variety of game types including Texas Hold’em, Casino Hold’em, Caribbean Stud Poker, 5-Card Stud, and more. Also, because ETH poker is getting more popular, the quality of competition is getting better.
Sites are now starting to offer huge online poker tournaments, paying out mega-bucks. At a good ETH poker site, you will find faster-paced games, tougher competition, more pre-flop action, the chance to play at more than one table at once – and no way to tell whether your opponent is bluffing.
Ethereum Sports Betting
One of the most popular types of betting in the world is sports betting – and this is as big with Ethereum and Crypto as it is in the traditional world of betting.
Ethereum betting sites are now very heavily into sports gambling and today, ETH bettors have plenty of opportunities to place their wagers on a vast number of sports and markets. You can expect to see football, tennis, basketball, NFL, and other categories like Ethereum esports betting.
The best gambling platforms will offer hundreds of different markets, from the outright winner, first to score, and futures to handicaps.
The one thing we did note, however, is that many ETH gambling sites have an edge of up to 10%, which isn’t great, so make sure to check and compare the odds and prices first.
Ethereum Betting Sites 2023 Conclusion
Ultimately, Ethereum betting is taking hold of the gambling world and we’re here for it. If you thought Bitcoin betting was great, ETH betting takes it one step further.
Not only are more betting sites accepting Ethereum, but there are all sorts of advantages that come with using it – complete privacy and anonymity – plus faster transactions and lower fees than fiat currencies and Bitcoin, whilst remaining as safe and secure.
Although it is less regulated than traditional betting, as long as you choose a trustworthy site such as those we recommend, you can enjoy an excellent, safe, and secure gaming experience. So, why not give it a try?
Are Ethereum Gambling Sites Legal?
Yes, as long as you are playing in a country where Ethereum gambling is legal and you are playing at a site that accepts players from your country. As such, check your country’s regulations and read the list of prohibited countries on your chosen website to make sure you are playing legally.
Can I Gamble Anonymously with Ethereum?
Yes. If you play at an end-to-end Ethereum betting site, then you will be able to register, deposit, play and withdraw without entering any of your personal and financial details. This means you remain completely safe and in control of your money.
How Long Do Ethereum Transactions Take?
Deposits and withdrawal times will depend on how busy the network is. Usually, they are completed within 10 minutes as long as you aren’t playing at a site that takes additional time to process your transactions.
Who's Behind CryptoCasinos?
Oskar, our esteemed crypto enthusiast turned writer, has been weaving his love for casinos into captivating content since 2018. His deep-rooted knowledge and unique perspective have made him a trusted authority on crypto casino reviews among our readership.
Last updated 27 September, 2023
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