In this ultimate resource, you will discover the best 2020 Olympics ETH sports betting sites in 2021 available in real-time.
You will find tips and guidance on how to enjoy these 2020 Olympics ETH sports betting sites.
The table below shows the best Olympics Ethereum sports betting sites available right now.
We feel that these sites are the best around with great reputations. All of them provide end-to-end Ethereum services, so you can deposit, withdraw, and bet in Ethereum.
In this article, we look at:
The benefits of 2020 Olympics Ethereum sports betting sites
How to choose your Olympics Ethereum sports betting sites
The best exchange to use on Olympics Ethereum sports betting sites in 2021
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In 2020, Tokyo was about to host the Olympic Games, then the COVID-19 emerged and forced the cancellation of the games.
Thankfully, the Olympics will now happen in the Japanese city from July 23 to August 8, 2021.
This means you can now sign up for a 2020 Olympics Ethereum sports betting site and get involved in the sports you like.
Don’t hesitate, because the Olympic Games only happen once every four years. Indeed, it is five years since the last one in Rio de Janeiro.
A huge percentage of the world’s population tune in to watch this remarkable event.
It is a proud moment for all the athletes who get the chance to put all their hard work into practice.
With so many sports to choose from, you’re sure to find one that you didn’t even realize you liked.
So, why should you use Ethereum betting websites for this carnival of sports?
Take your pick! 2020 Olympics Ethereum sports betting sites offer an incredible range of sports, odds lines, and other opportunities to wager.
Punters will soon discover a considerable choice of options for over two glorious weeks.
You might also find that winning some Ethereum is possible if you’re sensible and disciplined.
Ethereum is the world’s second-biggest digital asset by market cap.
July 2015 is when Gavin Wood and Vitalik Buterin unleashed Ethereum on the world.
ETH is similar to many top-rated digital assets but can potentially rise even higher in value.
As a betting website user, you might find that Ethereum has the following pros and cons:
Ethereum offers lower transaction fees than if you deposit using fiat currency
ETH has a reasonable transaction time of approximately 12 seconds
Only a handful of digital coins have a better privacy level than ETH
While many coins have fixed transaction fees, the more Ethereum you transfer, the higher the fee
Many sports betting sites still prefer other cryptoassets to ETH, which means your choice is more limited
Specific Olympics ETH betting sites don’t have the same licensing or regulation as sports betting sites that use fiat currency
Do 2020 Olympics Ethereum sports betting sites intrigue you, but you’re not entirely convinced yet?
We’re about to give you several reasons why they are worth your time and money.
Fiat currencies are fast becoming yesterday’s news.
Inflation makes their value go down continually.
Also, governments continue to manipulate these currencies for their own purposes.
As for banks, they have complete control over the who, what, where, when, and why of fiat currency use.
These currencies long ago became stale and old-fashioned. Their time has passed.
In 2021, Ethereum is what’s taking us into the future of money.
You can exchange Ethereum without intermediaries.
Which means no payment gateways are needed.
You keep the traditional banking system out of the loop.
Do you live in a country with heavy restrictions? If so, invest in a decent VPN to use Olympics Ethereum sports betting sites that are usually forbidden in your country.
In any case, some end-to-end 2020 Olympics Ethereum betting sites allow punters from almost every country in the world.
Disclaimer: We do not encourage any activity that is against the law. Using betting sites that don’t allow people from your country involves risks. One of them is the possibility of losing your entire stake after having your account suspended.
Banks are firmly against online betting sites.
Banks can cause problems for anyone who uses betting websites. They have even turned down the mortgage applications of many individuals for that very reason.
It didn’t matter that their use of betting websites was nothing more than casual.
When using Ethereum sports betting sites, there’s no way your bank will ever know. It will remain your own business.
Bonus: your wife and mother-in-law won’t find out either.
(We’d like to point out that this applies to male and female readers).
While you wager with fiat, you hold … fiat.
These currencies are outdated and lose their value over time.
When betting with fiat currencies instead of using ETH, you lose purchasing power every minute.
Set up an account on an end-to-end 2020 Olympics Ethereum betting website, and there’s a good chance your Ethereum balance will rise.
Do you find it hard to deposit money on betting sites? We do.
One of us even got his bank account frozen for an entire month.
Why, you ask? Well, he made deposits with a credit card on betting sites.
What he didn’t know was that the UK applied a new regulation in April 2020.
It turned out he could no longer make deposits on betting sites. The bank even sent him an email warning him not to do it again.
Ethereum keeps your bank out of the picture permanently.
Many online betting sites accept ETH. The trouble is, most of them offer fairly poor services.
These sites seem locked in a time warp with payouts taking days, poor customer service, and many other issues.
On the contrary, the best Olympics Ethereum sports betting sites are more modern, have better technology, and target a more educated audience.
Ultimately, you benefit from top-notch support, a more attractive range of payments, and promotions that make you feel like a VIP in what are safer 2020 Olympics ETH sports betting sites than ever.
Financial regulations limit standard betting websites. This is why they are so slow and inefficient.
As a consequence, you’ll notice that you’re forced to accept low deposit and withdrawal maximums, not to mention waiting days to complete a transaction.
Although the best 2020 Olympics Ethereum sports betting sites are regulated (by the Curacao Gaming Authority most of the time), they are subject to less financial regulation.
The result is speedy payments along with high deposit and withdrawal limits.
For example, some of the top Olympics Ethereum sports betting sites offer instant and unlimited deposits and withdrawals. That’s unseen in the traditional betting website industry.
That said, it takes time for different blockchains to process your transactions, so please take note of this.
Not all exchanges allow their clients to transfer funds to/from ETH sports betting sites.
They will keep your money and shut down your account if they catch you using them to deposit on Olympics Ethereum sports betting sites.
Believe us; it is simple for them to get this information. Want to know how? Let’s find out.
The leading exchanges utilize sophisticated blockchain forensics software to identify relevant blockchain transactions.
We quickly found out the quality of the software when we received notifications from some of these exchanges.
So, what is the top-rated exchange if you want to get involved with 2020 Olympics Ethereum sports betting sites?
In our view, Binance is the obvious answer.
It is a vast exchange, the world’s largest. But, more importantly, it doesn’t have any rules against using 2020 Olympics Ethereum sports betting sites.
Plus, it is also the best exchange by far for many reasons: top security, currency pairs available, lowest fees, fast withdrawals, and much more.
By using Binance, you can deposit and bet on your favorite Olympics Ethereum sports betting site almost instantly.
When choosing the best 2020 Olympics ETH sports betting site, here are some things to take into account.
Many people try to sign up to sites without realizing that their country doesn’t permit it.
Legit 2020 Olympics Ethereum sports betting sites will not allow you to register an account and deposit funds if you’re visiting the website from one of their restricted countries.
However, some less cautious 2020 Olympics Ethereum sports betting sites will let you register your account and deposit funds until you win big (or consistently) and attempt a withdrawal.
At this point, your account is flagged for verification. For some shameless 2020 Olympics ETH betting websites, the most likely result is that your account gets frozen and your funds confiscated.
Therefore, it is crucial only to use 2020 Olympics Ethereum sports betting sites that are legal in your country.
Bypassing this type of regulation will expose you and your funds, making it even more necessary to wager on trustworthy and legit 2020 Olympics Ethereum sports betting sites.
Good 2020 Olympics Ethereum sports betting sites that act fairly and will likely return your funds if they catch you.
Sites like Stake.
This is another crucial aspect to take into account when selecting your 2020 Olympics Ethereum sports betting site.
In general, Ethereum transactions are quick, carry low fees, and have no central authority to answer to.
However, there is no going back with Ethereum transactions.
With no central authority, you’re unlikely to get your money back if you get ripped off.
That’s why reputation and ethics go a long way with Ethereum betting sites.
And that’s also why the reputation of 2020 Olympics Ethereum sports betting sites holds such a significant role in our ratings and rankings.
You can ensure you discover safe Olympics ETH betting sites by reading our informative 2020 Olympics ETH sports betting sites reviews.
There is a big difference between traditional betting websites accepting Ethereum and sports betting sites accepting Ethereum (end-to-end).
If you deposit Ethereum on standard betting sites, they will turn it into fiat currency whether you like it or not.
Whenever you try to take out your money, your fiat is turned back into Ethereum. That is, if the betting site even permits you to withdraw in Ethereum.
In the end, you have to pay fees for each transaction, and you’re stuck with fiat currency on the site rather than ETH.
That’s why, if you are confident about the future of Ethereum, you should prefer using end-to-end Ethereum betting sites when possible.
These sports betting sites accepting ETH generally accept a more comprehensive range of digital assets as deposit/withdrawal methods.
They also make it possible for you to use Ethereum directly.
With these Ethereum betting websites, you get the benefits of using Ethereum, including:
The ability to deposit and withdraw large amounts
Yet, it is a mistake to think that the above pros are guaranteed with 100% of end-to-end ETH betting websites.
An end-to-end Ethereum sports betting site only has the potential to do it; there is no guarantee.
We can tell you that the top Olympics Ethereum sports betting sites provide the majority of these benefits.
Just like with any other 2020 Olympics ETH betting website, you want to pick those that offer the best:
Pick of sports
Collection of lines
That said, the fact that some 2020 Olympics Ethereum betting websites offer an excellent variety of sports and odds doesn’t mean that they are good 2020 Olympics Ethereum sports betting sites overall.
You could potentially use 2020 Olympics ETH sports betting sites with fantastic sports options, but they defraud you in the end.
To identify the best offers, we recommend registering with several legit 2020 Olympics ETH betting sites.
You can then compare their sports options side-by-side.
Ultimately though, it is all about finding the best overall 2020 Olympics Ethereum betting site before exposing your Ethereum, one that has an excellent reputation and allows users from your country.
Without a high-quality customer service team to contact, you’ll become frustrated if you have any problems.
Particularly if you’ve never practiced Ethereum sports betting sites before.
Therefore, our reviews of the best 2020 Olympics ETH sports betting sites in 2021 include a thorough check and testing of their customer service.
Yet another critical aspect of Olympics Ethereum sports betting sites is how they handle withdrawals and deposits, not to mention means of payment variety.
Not all betting websites provide the same ways of depositing and withdrawing your funds.
For most punters, having multiple ways to deposit money is an important consideration.
The ETH market doesn’t ‘pause,’ and top-ranked 2020 Olympics ETH sports betting sites know this.
You may need your Ethereum to trade them rapidly or participate in an event on another good Ethereum sports betting site.
In some cases, 2020 Olympics Ethereum sports betting sites process withdrawals in seconds. Other sites are slower and could take several days.
In general, when it comes to withdrawal speed on 2020 Olympics Ethereum sports betting sites, faster is better.
Traditional betting sites have important restrictions in terms of payout.
Indeed, finding one that enables withdrawals totaling $10,000 a month is tough.
Fortunately, the top Olympics Ethereum sports betting sites don’t hit you with such restrictions.
Nonetheless, not all 2020 Olympics ETH sports betting sites provide high withdrawal limits.
Do you want to know why? It is due to their lack of available cash.
In contrast, the best 2020 Olympics ETH sports betting sites let you withdraw as much as you want. Stake falls into this category.
You should aim to register on safe 2020 Olympics Ethereum sports betting sites that offer unlimited withdrawals, even more if you’re a high-staker.
We divide these benefits into three parts.
Typically, 2020 Olympics Ethereum sports betting sites give you bonuses after registration.
These bonuses can be pretty attractive; many of them offer to double your money or more.
Is there a catch? Yes.
There are usually many stipulations.
You might have to bet at least 30 times what you deposit before withdrawing any money, for example.
Most of the time, it’s best to choose 2020 Olympics ETH sports betting sites that offer great promotions and VIP perks as they are much more valuable than the welcome bonus for 99% of users.
Average Olympics Ethereum sports betting sites don’t go out of their way to provide great promotions.
As we mentioned earlier, their preference is to provide restrictive bonuses.
The best Olympics Ethereum betting sites offer modern services, and as a result, offer a lot of great promotions.
Besides the fun they add, these promotions can help you increase your balance over time.
These days, all good 2020 Olympics Ethereum sports betting sites should offer strong VIP programs with clear benefits.
This is a great way to ensure you come back for more.
However, too many companies don’t bother.
When done right, a VIP program can significantly boost the level of enjoyment.
This is why you should choose legit Olympics ETH sports betting sites with high-quality VIP programs that make you feel valued.
ETH betting sites are allowed in most countries. However, you need to check your country’s rules to know for sure.
It isn’t clear-cut because it depends on Ethereum and betting site law in each jurisdiction.
Although Ethereum is legal or tolerated in most countries, regulators are generally more severe with betting websites.
Even if your country doesn’t allow it, you could still find good 2020 Olympics Ethereum sports betting sites that let you wager.
Things are even more difficult for regulators as many people use a VPN nowadays to navigate the web more privately.
Yes, you can because of how ETH addresses work. These are created privately by your wallet, and there is no other information that outlines where your ETH are stored or any location you send them to.
One easy way to retain anonymity is to use a new address each time you receive payment. Also, remember that you can use various wallets, each one with a different aim.
It varies from a couple of minutes to an hour, depending on several factors, including the Ethereum network.
The transactions have to be confirmed on the various Blockchains, which are sometimes overloaded.
In this case, you have to include a higher fee when sending funds for the transaction to be confirmed faster and not stuck in the Blockchain queue.
Regarding withdrawal of your ETHs, in addition to the same transfer process as for a deposit, most of the Olympics ETH sports betting sites have first to validate the operation manually.
The quick answer is, ‘it depends.’ A slightly longer answer is that some sites can take several days to certify your withdrawal. Others don’t go through this process to ensure their withdrawals are no slower than deposits.