Best Ethereum Betting Sites in Canada

In this ultimate resource, you will discover the best Ethereum betting sites in 2022 available in real-time.

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Stake

4.86
Deposit with
  • BTC
  • BCH
  • ETH
  • +8
  • End-to-end crypto
  • Anonymity
  • Features
  • End-to-end crypto
  • Anonymity
  • Products Available
    • Sports
      Sports
    • Casino
      Casino
    Sports Available
    • American Football
      American Football
    • Australian Rules Football
      Australian Rules Football
    • Badminton
      Badminton
    • +42
    Features
  • End-to-end crypto
  • Anonymity
  • Products Available
    • Sports
      Sports
    • Casino
      Casino
    Sports Available
    • Tennis
      Tennis
    • Basketball
      Basketball
    • Baseball
      Baseball
    • +53
    Deposit with
    • BTC
    • ETH
    • LTC
    • +9
  • End-to-end crypto
  • Anonymity
  • Features
  • End-to-end crypto
  • Anonymity
  • Products Available
    • Sports
      Sports
    • Casino
      Casino
    Sports Available
    • Basketball
      Basketball
    • Tennis
      Tennis
    • Baseball
      Baseball
    • +34
    4
    Features
  • End-to-end crypto
  • Anonymity
  • Products Available
    • Casino
      Casino
    • Sports
      Sports
    Sports Available
    • Overwatch
      Overwatch
    • Starcraft 2
      Starcraft 2
    • League of Legends
      League of Legends
    • +27
    5
    Features
  • End-to-end crypto
  • Anonymity
  • Products Available
    • Sports
      Sports
    • Casino
      Casino
    • Poker
      Poker
    Sports Available
    • Boxing
      Boxing
    • Football (Soccer)
      Football (Soccer)
    • Golf
      Golf
    • +43
    loader

    Best Ethereum Betting Sites Reviews

    Now it’s time to have a look at each of the Ethereum betting websites reviews ranked in the table above.

    loader

    Stake

    #1
    4.86
    Stake

    Pros

    • Excellent Reputation.

      Our research did not uncover many (or any) serious complaint about Stake.

    • Curacao License.

      Like most sites of its kind, Stake has a license in Curacao. Although that doesn’t say much about its safety, it is better than holding shady licenses, or no license at all.

    • Awesome Customer Service.

      Stake’s support is easy to contact and should solve any issue you may have quickly.

    • Awesome Promotions.

      Stake makes your experience as fun as it can be by launching new and lucrative promotions regularly.

    • High-end VIP Program.

      Even though VIP programs are standard on these sites nowadays, Stake takes its own program to the next level.

    • Excellent Gaming Experience.

      Stake’s website offers a modern design and is easy to use.

    • Outstanding Mobile Experience.

      The mobile version of Stake is well-thought out and crushes most other sites in this aspect.

    • Lightspeed Registration.

      Stake’s registration process is modern and should take less than a minute. You will only need to provide the following: Username, Password, Email address, Date of birth.

    • End-to-end Crypto.

      You can not only deposit with digital currencies but also play with the following:

      • ETH
      • XRP
      • LTC
      • +3

    Cons

    • Not Anonymous.

      You can not play anonymously on Stake.

    Cloudbet

    #2
    4.81
    Cloudbet

    Pros

    • Curacao License.

      Like most sites of its kind, Cloudbet has a license in Curacao. Although that doesn’t say much about its safety, it is better than holding shady licenses, or no license at all.

    • Good Promotions.

      Cloudbet launches interesting promotions from time to time, making the whole gaming experience better than most other sites.

    • Anonymous.

      You can play anonymously on Cloudbet.

    • Lightspeed Registration.

      Cloudbet’s registration process is modern and should take less than a minute. You will only need to provide the following: Email address, Password, Email address validation, Date of birth, Username.

    Cons

    • Poor Reputation.

      There are definitely some complaints about Cloudbet on the internet, most of them left unresolved for quite a long time.

    • Not End-to-end Crypto.

      While it is possible to deposit crypto, you can’t use it. This is because the site switches it to fiat when you play. When it is time to withdraw, the fiat is converted into crypto.

    Sportsbet.io

    #3
    4.77
    Sportsbet.io

    Pros

    • Very Good Reputation.

      We could not find more than a few legit complaints about Sportsbet.io online.

    • Curacao License.

      Like most sites of its kind, Sportsbet.io has a license in Curacao. Although that doesn’t say much about its safety, it is better than holding shady licenses, or no license at all.

    • Good Customer Service.

      Sportsbet.io’s support, although not perfect, is better than most of its competitors.

    Cons

    • Not Anonymous.

      You can not play anonymously on Sportsbet.io.

    • Not End-to-end Crypto.

      The digital currencies you deposit are converted into fiat at the time of the deposit, and vice-versa at the time of the withdrawal. You will be forced to play with fiat currencies.

    ThunderPick

    #4
    4.57
    ThunderPick

    Pros

    • Excellent Reputation.

      Our research did not uncover many (or any) serious complaint about ThunderPick.

    • Curacao License.

      Like most sites of its kind, ThunderPick has a license in Curacao. Although that doesn’t say much about its safety, it is better than holding shady licenses, or no license at all.

    • Anonymous.

      You can play anonymously on ThunderPick.

    • Excellent Gaming Experience.

      ThunderPick’s website offers a modern design and is easy to use.

    • Lightspeed Registration.

      ThunderPick’s registration process is modern and should take less than a minute. You will only need to provide the following: Email address, Password, Username, Email address validation.

    • End-to-end Crypto.

      You can not only deposit with digital currencies but also play with the following:

      • BTC
      • BCH
      • USDT
      • +3

    Cons

    Betonline

    #5
    4.54
    Betonline

    Pros

    • Very Good Reputation.

      We could not find more than a few legit complaints about Betonline online.

    • Awesome Customer Service.

      Betonline’s support is easy to contact and should solve any issue you may have quickly.

    Cons

    • Pointless VIP Program.

      Despite the effort, Betonline’s VIP benefits are inferior to those available on the best Ethereum betting sites.

    • Not Anonymous.

      You can not play anonymously on Betonline.

    • Not End-to-end Crypto.

      The digital currencies you deposit are converted into fiat at the time of the deposit, and vice-versa at the time of the withdrawal. You will be forced to play with fiat currencies.

    Depositing On Betting Sites With Ethereum: The Good And Bad Aspects

    There is only one digital asset that has a larger market cap than Ethereum.

    July 2015 is when Gavin Wood and Vitalik Buterin unleashed Ethereum on the world.

    Ethereum proponents claim that it will become the #1 digital asset globally in the long term.

    Please consider the following pros and cons of Ethereum before using it on betting websites.

    Pros of using Ethereum on Betting Sites

    • The transaction fees associated with Ethereum are lower than when using standard money

    • ETH has a relatively fast transaction time compared to many cryptoassets

    • ETH offers a high degree of privacy

    Why you should avoid using Ethereum on Betting Sites

    • ETH has variable transaction fees, which can cause issues if you’re betting on a tight budget

    • Despite its high market cap, relatively few sports betting platforms accept Ethereum deposits at present

    • You don’t benefit from the same level of protection with Ethereum as you do when using fiat

    Benefits of Ethereum Betting Sites

    Are you looking to bet with Ethereum but can’t decide if you want to go ahead?

    We’re sharing several reasons why they are worth your attention.

    Fiat is becoming worthless

    Fiat currencies are fast becoming yesterday’s news.

    • Inflation makes their value go down continually.

    • As long as governments stay in control of fiat currencies, they retain their hold on the financial world and keep their power.

    • As for banks, they have complete control over the who, what, where, when, and why of fiat currency use.

    Fiat currencies are not the future.

    In 2022, Ethereum represents the future.

    Bypass geo-restrictions

    Ethereum don’t need intermediaries to be exchanged.

    Therefore, you don’t have to worry about payment gateways.

    You keep the traditional banking system out of the loop.

    All you need is a reliable VPN to register an account on Canada Ethereum betting websites.

    You can now start using sites that generally don’t allow users from your country.

    Some end-to-end Ethereum betting sites also let you bet despite it being illegal in your location.

    Disclaimer: Please note that we do not recommend or encourage illegal activity in any form. You are placing your investment at risk if you use sports betting sites that forbid users from your country. For instance, you could have your account frozen, which means you can’t access your money.

    Higher privacy

    You might know that banks don’t appreciate online sports betting websites.

    As a matter of fact, there are countless stories about individuals who were denied mortgages because of their use of sports betting sites.

    The fact that they only spent small sums on these betting sites was irrelevant.

    Here’s the thing about ETH betting sites, you can use them without your bank ever finding out. Therefore, your activity remains a secret.

    Indeed, you can enjoy complete privacy unless you feel like talking about your hobby.

    Let your money work for you

    Betting on traditional sports betting sites with fiat currencies means you get stuck with fiat.

    Fiat currencies are outdated and lose their value over time.

    However, if you choose to bet on ETH betting websites, your Ethereum balance is much more likely to go up in value.

    Financial independence

    Have you ever struggled to deposit on betting companies? We have.

    One of our team couldn’t access their bank account for a month.

    Do you know why? He went to a betting site and used his credit card to make his first deposit.

    What he didn’t know was that the UK applied a new regulation in April 2020.

    He even received a warning from the bank and had to promise not to make any more deposits or withdrawals on betting websites anymore.

    With Ethereum, you will not need to beg your banker ever again.

    The new generation of Betting Sites

    You can find standard betting websites that will take Ethereum, but they are behind the times.

    Old-fashioned design, inefficient customer service, slow payouts, and much more.

    The best Ethereum betting sites, on the other hand, are designed for the modern user. Therefore, they adopt better technology and respect their audience.

    The result is a growing number of safer Ethereum betting sites in Canada that you can trust, which offer better customer support, faster payments, along with bonuses and promotions worth something.

    Fewer limits, faster payouts

    Financial regulations limit standard sports betting sites. 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.

    The Curaçao Gaming Authority regulates many of the best Ethereum betting websites; however, this is a less strict form of financial regulation.

    Less financial regulation means fewer limits and faster (sometimes instant) payouts.

    We have found a few top Ethereum sports betting sites that have NO limits on deposits and withdrawals, and you get your money almost instantly. You never get this kind of service from a traditional sports betting site.

    Bear in mind that blockchains take a certain amount of time to process transactions, but it is still a fast process.

    A Short Guide to ETH Betting

    It is quite easy to find reading material on the advantages and disadvantages of using crypto on sports betting sites.

    Yet, finding high-quality advice on setting up an account and using it is less simple.

    This is why we’ve created a brief guide explaining the steps you need to take when opening a Canada ETH betting site and using a crypto asset.

    Before we begin, please note the following:

    • You can only use a fairly small percentage of the huge crypto range on most sites

    • Barring a few exceptions, the level of volatility the market experiences is enormous and can hurt or help your investment

    • There is no going back when you make a transaction, so a blunder on your part could see you lose 100% of your money

    #1 Check out our list for a Ethereum Betting Site to register with

    Our review team spent significant time investigating every Canada Ethereum betting site you see on our list.

    It is an important part of our process as it decreases the chances of a dodgy site stealing from you.

    After you’re happy with a specific ETH betting site, your next move is to register with it.

    Most users report a straightforward process that takes a few minutes at most.

    Indeed, many people claim it is quicker to register with a crypto site than traditional sports betting companies.

    Read our reviews to see if any Canada ETH betting websites stand out if you value quick registration.

    Also, make sure you use any promo code we include to benefit from a bonus.

    Many Ethereum betting sites reward users who deposit using a crypto asset, not to mention the standard new customer deposit bonus.

    #2 Purchase crypto (optional)

    If your e-wallet is funded, it is time to deposit and benefit from a welcome bonus.

    If not, go to a reputable Ethereum exchange and make a purchase.

    Stick with crypto exchanges such as Binance and Kraken when making a purchase.

    Aside from allowing rapid Ethereum transactions, such exchanges have no problem with you using them for wagering.

    In contrast, it is essential to avoid Coinbase at all costs, despite being among the top-rated exchanges.

    It has a reputation for suspending the accounts of individuals known to use Ethereum on sports betting sites.

    Consider the digital currency you’d rather wager with on a site and purchase it.

    Otherwise, you’ll pay extra fees when the site converts one crypto asset into another.

    #3 Arrange your Ethereum

    After ensuring you have an adequate amount of Ethereum, you’re ready to add it to your account.

    You need to set up a cryptocurrency ‘wallet,’ which is a place to keep your digital coins safe.

    Your preferred levels of safety, security, and freedom of crypto movement determine the type of wallet you should choose.

    You have a choice of using a hosted wallet or a non-custodial option, which ensures you’re in charge of its safety.

    You need to visit the ‘send crypto’ section to perform the transfer no matter which option you select.

    Non-custodial wallet

    With a non-custodial wallet, there is no third-party site to consider.

    This means all the power and responsibility of managing your crypto falls on your shoulders.

    For example, once you gain your private key, you must keep it away from prying eyes.

    If someone else discovers your private key, they gain total access to your Ethereum.

    Also, misplacing your private key without memorizing it means you can’t access your digital currency.

    However, a self-custody wallet does give you absolute power over your money.

    Consequently, there are few restrictions on using it, meaning it is easy to transfer it to Ethereum betting sites.

    Gaining access to a non-custodial wallet is as simple as downloading a special app like MetaMask.

    Once you open an account, write down your private key.

    Hosted wallet

    Accessing a hosted wallet is even simpler; find an exchange and open an account.

    If you misplace your password with a hosted wallet, you retain access to your money.

    Unfortunately, there are restrictions on spending your crypto, which depend on the third party’s rules.

    For instance, hosted wallets may ask you to prove your identity, removing some of the anonymity generally offered by crypto.

    They may even stop you from spending your money on Ethereum betting sites.

    #4 Ensure you use the right deposit address

    Select the digital asset you want to use in the site’s deposit section.

    There is a public address associated with your account.

    It is a collection of random numbers and letters that only relates to your account.

    After pasting the address to your clipboard, check it several times to guarantee accuracy.

    One slight inaccuracy in a transaction could mean the loss of your whole deposit.

    #5 It’s time to deposit and Bet

    Return to the crypto exchange or your wallet, paste the address, and click ‘send.’

    While crypto transactions are usually fast, patience is sometimes required when waiting for the money.

    Examine our reviews to discover the ETH betting sites with lightning and sloth-like transaction times.

    Wait around six hours and if you can’t see the money in your account, contact customer support.

    With crypto at your disposal, go to the site, making sure you enjoy what it has to offer while betting responsibly.

    Are Ethereum Betting Sites Legal in Canada?

    The answer is ‘yes,’ but the entire process of betting on ETH betting site markets isn’t straightforward.

    For the most part, the rules surrounding Ethereum are transparent, but this isn’t the case with betting website use.

    However, a recent legislative change means things are about to become a whole lot clearer.

    Is ETH legal in Canada?

    Yes, Canadian residents are free to use Ethereum and the exchanges that allow their sale and purchase.

    Ethereum is not legal tender in Canada, but you can still use it to buy goods and services.

    As the Canada Revenue Agency (CRA) classifies digital currencies as commodities, the profit you make from them is treated the same as if it came from a business.

    It is a situation that has been in play since 2013, and transactions using Ethereum adhere to Canada’s tax laws.

    Furthermore, if a digital currency exchange wants to operate in Canada, it must first register with the agency that fights criminal financial activity, FinTRAC.

    As is the case in the United States, Ethereum exchanges are classified as money services businesses, which means following anti-money-laundering rules.

    Consequently, such companies have to comply with a wide variety of laws, including maintaining detailed records.

    From a Canadian’s point of view, these regulations keep them somewhat safe if they use reputable exchanges.

    Is Betting Site use legal in Canada?

    These days, Canadian residents are allowed to use a sports betting website.

    However, the legality of betting on sports markets in Canada wasn’t made clear until relatively recently.

    The nation’s laws had an unusual quirk that outlawed gambling on single games.

    According to this bizarre rule, Canadian residents could not use any single market within an individual game, although parlays were legal.

    The Canadian government moved to change the situation, and in June 2021, it passed C-218.

    Thanks to this law, you can freely wager on any single-game market.

    Every Canadian province is invited to utilize C-218 as soon as possible.

    When this happens, you can bet on any sports market you like in Canada.

    Best Exchange For Ethereum Betting Sites In 2022

    Most exchanges are against the use of their platform to transfer funds to/from ETH betting sites.

    Some will freeze your funds and close your account if they learn that you’re using their services to deposit on Ethereum betting sites.

    And frankly, these days, it’s easy for them to find out. Surprised? Here’s how.

    Top-rated exchanges can track transactions on the blockchain by using blockchain forensics software.

    And the software is very efficient, to the point that we already received notifications from a few exchanges.

    So, what exchange should you use to deposit on Ethereum 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 ETH betting sites in Canada.

    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 ETH betting site almost instantly.

    What Will You Find on Ethereum Betting Sites?

    Many users of sports markets now register with Ethereum betting websites and deposit Ethereum.

    Now, let’s check out the impressive variety of sports and markets provided by these exciting betting sites.

    Sports

    Those who register with Canada Ethereum sports betting sites soon find they have as many sports markets to choose from as with a standard betting company.

    Punters now understand that they receive better value for money on Ethereum betting site markets than almost anywhere else.

    In addition, you can get involved in practically all of the biggest sporting events in the world, such as:

    • Soccer: The German Bundesliga, English Premier League, and the Copa America

    • Tennis: The US Open and the Australian Open

    • Golf: The Masters and the PGA Grand Slam of Golf

    • Basketball: The European Championships and the NBA All-Star Game

    • American Football: NFL and college football action, including the Super Bowl.

    • Cricket: The Indian Premier League, The Hundred, and the ICC Cricket World Cup

    Ultimately, ETH betting sites ensure you can get involved in all the tournaments and games that matter.

    Furthermore, there are an incredible number of in-play markets that provide an opportunity for quick wins.

    The rise of the electronic sports sector is nothing short of extraordinary, and it now enjoys an audience of approximately 450 million people.

    eSports involve video games, and the most skilled individuals compete against one another on a global stage in tournaments.

    Although eSports will not feature prominently in the 2024 Olympic Games, many experts believe it is a matter of time before they get Olympic recognition.

    Initially, regular sports betting websites dominated the eSports markets, but Ethereum betting sites in Canada are catching up fast.

    If you want to learn more about electronic sports, it is best to perform research so you can identify the best individuals and teams.

    The most popular eSports games include Call of Duty, DOTA 2, and Counter-Strike: Global Offensive.

    Common markets on which you can stake Ethereum include match outcome, over/under maps and handicap lines.

    Regardless of what you think of eSports, they aren’t going away, so it is best to embrace their presence on Ethereum betting sites in Canada.

    eSports

    The electronic sports industry is now a billion-dollar sector that attracts an astonishingly large audience of over 450 million.

    Tournaments take place virtually every day and involve elite gamers.

    There is even a suggestion that eSports will eventually become part of the Olympic Games.

    Initially, regular betting sites dominated the eSports markets, but ETH betting sites in Canada are catching up fast.

    It is wise to familiarize yourself with eSports before you consider making wagers on them.

    The most popular eSports games include Call of Duty, DOTA 2, and Counter-Strike: Global Offensive.

    eSports markets are often very similar to other sports and may include tournament winner, over/under, and half markets.

    Ethereum betting sites in Canada are helping promote eSports, so you can expect this form of entertainment to become ever more popular.

    Virtual Sports

    Virtual sports are events where sophisticated algorithms determine the result.

    The graphics resemble those used in video games and are usually high quality.

    You’re spoiled for choice when it comes to the virtual sports on offer, including cycling, tennis, and greyhound racing.

    If you want to bet on virtual sports using Ethereum, rest assured that you see what everyone else sees.

    It is a mistake to compare virtual sports to eSports; the former is computer-generated; the latter involves real people.

    As a result, it is harder to win because you can’t analyze any statistical data to help you.

    You can only base your decision on the available odds or a hunch, which means winning is all about luck.

    ETH betting websites offer regular virtual events, so if you miss one, you don’t have to wait long to start betting on the next.

    A case in point is that there’s a motor race every three minutes, with American Football games starting every four minutes.

    There is no link between real-world and virtual sports, so you could enjoy the latter in places where regular sports betting is forbidden.

    Therefore, people who want to wager Ethereum on sports but can’t do so may switch to these events instead.

    How To Determine The Best Ethereum Betting Site?

    Here’s what you should consider when selecting the best Canada Ethereum sports betting site for your needs.

    Does the Ethereum Betting Site support your country?

    Don’t make the mistake of registering and adding money before finding out that you’re not allowed to do so in your country.

    Legit Canada Ethereum betting websites 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 Canada Ethereum betting websites 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 Ethereum betting websites, the most likely result is that your account gets frozen and your funds confiscated.

    Therefore, it is crucial only to use Ethereum betting sites that are legal in your country.

    If you want to proceed with sports betting sites that prohibit your country, focus on Canada Ethereum betting sites known for being honest.

    Look for good Ethereum betting sites that return your money even if they find out you’re not allowed to wager.

    Stake is one such site.

    Ethereum Betting Site reputation

    There are several things to note when looking for a high-quality ETH betting site in Canada, including reputation.

    Reputation
    Customer Service
    License(s)
    Support Quality
    Final Reputation rating
    Stake
    Stake

    Stake |

    4.86
    Bet on Stakebutton icon
    3.94
    /5
    5.00
    /5
    Curaçao
    Good
    3.94
    /5
    Cloudbet
    Cloudbet

    Cloudbet |

    4.81
    Bet on Cloudbetbutton icon
    4.10
    /5
    4.20
    /5
    Curaçao
    Standard
    4.10
    /5
    Sportsbet.io
    Sportsbet.io

    Sportsbet.io |

    4.77
    Bet on Sportsbet.iobutton icon
    3.44
    /5
    4.18
    /5
    Curaçao
    Good
    3.44
    /5
    ThunderPick
    ThunderPick

    ThunderPick |

    4.57
    Bet on ThunderPickbutton icon
    4.80
    /5
    4.30
    /5
    Curaçao
    Standard
    4.80
    /5
    Betonline
    Betonline

    Betonline |

    4.54
    Bet on Betonlinebutton icon
    4.20
    /5
    4.60
    /5
    Panama
    Good
    4.20
    /5

    In general, Ethereum transactions are quick, carry low fees, and have no central authority to answer to.

    It is mainly a good thing, but one downside is that your ETH transaction is final.

    Since there’s no central authority involved, don’t expect to get your funds back if you get scammed.

    That’s why reputation and ethics go a long way with ETH betting sites in Canada.

    And that’s also why the reputation of Ethereum betting sites holds such a significant role in our ratings and rankings.

    Check out our Ethereum betting site in Canada reviews if you’re unsure about the safe Ethereum betting sites you can trust.

    Payments

    It is essential to find ETH betting websites that help you manage your transactions, and we typically take the following factors into account in our ratings.

    Payment methods available

    Not all betting websites provide the same ways of depositing and withdrawing your funds.

    Of course, it’s generally better to have as many deposit methods as possible.

    Does the site offer fast withdrawals?

    The Ethereum space moves fast, and so do Canada ETH betting sites.

    You may need your Ethereum to trade them rapidly or participate in an event on another good ETH betting website.

    Some ETH betting sites will process your withdrawals within a few days, while others will process them instantly.

    In general, when it comes to withdrawal speed on Canada ETH betting sites, faster is better.

    What are the limits on withdrawals?

    You’ll find that standard sports betting websites often heavily limit the amount of money you can withdraw at once.

    Indeed, finding one that enables withdrawals totaling $10,000 a month is tough.

    Fortunately, the top Canada Ethereum betting websites don’t hit you with such restrictions.

    Yet, there are Ethereum betting sites in Canada that only allow you to withdraw small sums.

    This is because they generally don’t have a large amount of money to hand.

    The best Canada Ethereum betting sites are different. Stake, for instance, has no cap on withdrawals.

    For big-money punters, in particular, the key is to find safe Canada Ethereum betting websites with no limits on withdrawals.