Best Ethereum Sports Betting Sites

Best Ethereum Betting Sites Reviews

We’re now going to check out the Ethereum sports betting sites reviews included in the table.

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

Ethereum is the world’s second-biggest digital asset by market cap.

Vitalik Buterin and Gavin Wood are the original authors and released Ethereum in July 2015.

Ethereum is similar to many top-rated digital assets but can potentially rise even higher in value.

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

The case for using Ethereum on Betting Sites

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

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

• Ethereum offers a high degree of privacy

Cons of using Ethereum on Betting Sites

• While many coins have fixed transaction fees, the more Ethereum you transfer, the higher the fee

• Many betting sites still prefer other cryptoassets to ETH, which means your choice is more limited

• Specific ETH sports betting sites don’t have the same licensing or regulation as betting sites that use fiat currency

A Concise Guide to Betting Odds

While learning the intricacies of sports markets is very useful, it is only part of the overall equation.

Winning in the long term is effectively impossible without knowing how betting odds work.

It doesn’t matter how much research you perform into sports markets; success will elude you if you take the wrong odds.

When making bets, you have to realize that Ethereum betting sites have an edge on every market ranging from 3% to 30% or more.

You must aim to consistently find occasions where the sports betting platform’s odds aren’t a fair reflection of the likelihood of an event happening.

Value Betting

Value sports betting aims to discover a bookmaker error in a market.

For instance, let’s say you think Manchester United has a 30% chance of beating Arsenal.

Ask yourself this question: If the Ethereum sports betting website offers a price of 2.50 (in decimal odds) for a United win, is it value or not?

Certainly not! At these odds, the betting platform thinks there’s a 40% chance of a Manchester United victory (100/2.50 = 40).

Your quest for success must involve thorough research into a market to learn the true probability of any result.

At the end of this process, you’re rewarded with a ‘betting tissue,’ which helps you better understand a bookmaker’s odds.

What’s a betting tissue? It is a method of creating your own odds.

Of course, you can’t even begin this process until you learn more about the different sports betting odds formats.

Calculating betting odds is a learned skill, so we’re providing information on three of the best-known types.

American odds

Ethereum sports betting platforms that cater to users in the United States will often use American odds, which have a plus or minus sign before a number.

Use the sign to determine if the potential profit in Ethereum is bigger or smaller than the size of your wager.

For example, a (-) sign means an odds-on bet, so your potential profit is less than your stake.

A (+) sign means an odds-against wager, so your possible profit is higher than your original wager.

Here are some examples of American odds and how much you could win depending on the size of your wager:

• +110: A $100 wager means a possible payout of $210, and a profit of $110

• +150: A $100 wager means a potential win of $250, for a $150 profit

• +300: betting $100 means you could win $400 and enjoy a $300 profit

• -110: betting $100 results in a $190.91, and a $90.91 profit

• -150: A $100 wager means you would win $166.67 and earn a profit of $66.67

• -300: If you wager $100 at these odds, your return is $133.33 if you win, meaning a profit of $33.33

Decimal odds

In Europe, decimal odds, the simplest form to understand, is the most common format.

To calculate your possible returns, multiply the size of your bet in Ethereum by the odds.

For instance, if you wish to bet $200 on England to beat Sweden at odds of 1.6, you multiply 200 x 1.6, which equals 320.

If England wins, you get $320, meaning a profit of $120 (320 – 200).

By dividing the odds into 100, you can quickly determine the percentage likelihood of a selection winning.

In our example, 100/1.6 = 62.5; so, the Ethereum sports betting site thinks there’s a 62.5% possibility of an England victory.

Fractional odds

In the UK and the Republic of Ireland, fractional odds remain among the most popular betting formats.

They are written with a hyphen or, more commonly, a slash between two numbers.

For example, if you bet on an outcome at odds of 6/1, you receive $7 back for every $1 you risk.

Consequently, you will enjoy a return of $70 if you happen to risk $10 worth of ETH at the above odds.

The figure on the left-hand side is the profit you’ll earn if you bet the amount of money staked on the right-hand side.

Suppose you believe the Buffalo Bills can beat the Kansas City Chiefs at odds of 7/2; a winning bet means your profit is $7 for every $2 you risk.

Don’t forget to add the Ethereum you risked to calculate your total payout!

Most ETH betting sites will allow you to change the odds format, so experiment to see which one you like the most.

What Are the Best Kinds of Sports Bets?

Ethereum sports betting is incredibly popular these days.

This is why an impressive number of sports betting websites now let you use ETH to bet on a significant volume of sports and esports.

If that isn’t enough, there’s a breathtaking number of markets.

However, before you register with any Ethereum sports betting website and risk money, it is essential to understand the logic behind each wager.

Sensible bettors realize they need to educate themselves on the available sports betting markets.

The following guide informs you about the best-known markets, describing what needs to happen for you to win.

With this knowledge, you’re more likely to find the best markets for your sports betting style, increasing your chances of winning ETH.

Event winner

Backing the winner of an event remains the best-known ETH sports betting market.

It is as easy as picking the team or player you believe will triumph.

For example, you can pick the Boston Celtics to beat the Los Angeles Lakers in the NBA.

Although it is a simple market to understand, there are some minor differences depending on the sport, as we illustrate below.

Soccer

In soccer, you can select the home or away team to win, and you also have the choice of backing the draw.

If you’re looking for higher odds options, the draw is a realistic option since it happens at least 25% of the time in most leagues.

Experienced soccer bettors also know about these two Moneyline variations:

• Draw no Bet: If your team wins, you win ETH, and your stake is returned if the game ends in a draw.

• Double Chance: As long as your team doesn’t lose, you win the bet. Unfortunately, there’s no bonus if the team wins.

American Football/Baseball/Basketball

There is no ‘draw’ in many North American sports because if a game finishes level, it goes straight into overtime.

This is the situation in American football, baseball, and basketball.

Although American football games sometimes end in a ‘tie,’ you’re unlikely to find this market on many Ethereum betting websites.

Consequently, you win your wager if the team you choose wins the game in overtime.

Even so, make sure the Ethereum sports betting site specifies that overtime is included in your original wager.

Tennis

It is impossible for a draw to be the outcome in certain sports.

For instance, the game of tennis only finishes when one of the players wins the allotted number of sets.

Therefore, this particular Ethereum sports betting market is as straightforward as it gets.

Outright winner

In virtually every sport, each match is part of a bigger tournament.

As the name implies, the outright winner market lets you pick who you think will emerge as the ultimate champion.

This is a great market if you want to win plenty of Ethereum because there are many longer odds options.

Certain ETH betting websites also provide an each-way option on their tournament winner markets.

With this market, you can win Ethereum if your team/player gets to the semi-final at least or loses the final.

Over/Under

This well-known market revolves around the total number of scores in a game.

You have to choose whether the game will have over or under the number of scores than the ‘line’ set by the Ethereum betting website.

There are also alternative over and under markets if you think a match will have a surprisingly high or low number of scores.

There are different scoring methods depending on the sport, and this affects the over/under line.

Let’s suppose that the Ethereum betting site has the line on a game between Barcelona and Real Madrid at over/under 2.5 goals.

You would make a bet on over 2.5 goals if you think the game will have 3+ goals and under 2.5 if you feel it will have 2 or fewer goals.

Alternatively, you could risk money on the over 3.5 goal market if you think a classic soccer match is on the cards.

When you get involved in the over/under market, it is all about the number of scores as the actual winner of the game is irrelevant.

Who will score next?

If you’re looking for a gentle introduction to sports betting, the next scorer market is as basic as it gets.

As the name implies, the idea is to bet on the next individual or team to score next in the match.

For example, you might decide that the Detroit Lions will get the next touchdown or field goal against the Chicago Bears.

Please note that some sports are often low-scoring, so prepare to wait to learn the fate of your bet.

Did you know that approximately 7% of high-level European soccer games have zero goals in matches despite the teams playing for over 90 minutes?

Therefore, consider sports like tennis and basketball if you want bets where the outcome is resolved quickly.

Virtually every Ethereum betting site enables you to bet on the next point or basket.

With an immense number of scoring plays per match, there are plenty of occasions where your bet is settled within seconds.

Handicaps

Most sporting events have a clear favorite, so betting sites must adjust accordingly.

Sometimes, the favorite’s odds are so unappealing that it isn’t worth betting on.

However, you can make things more interesting by betting on the handicap market.

Ethereum betting websites will give the stronger team a theoretical deficit in the match, and you have to decide whether it can overcome it.

Let’s say that the Milwaukee Bucks are strong favorites to beat the Chicago Bulls and have a -10.5 handicap.

If you back the Bucks on the above spread, they need to win by 11+ points.

If you think the Bulls are being underestimated, you can wager ETH on them with the +10.5 handicap and win if the Bucks win by 10 or fewer points.

Asian handicap

As you might guess from the name, the Asian handicap is a Ethereum sports betting market that began in Asia.

While it is more complex than the typical handicap market, it tends to provide better value bets.

Indeed, the Asian handicap market is often the weapon of choice for professional gamblers.

Here’s a quick overview of what each Asian handicap market means, using a game between Manchester City and Everton as an example:

• Man City (0): You win if Man City wins the game, lose if they lose, and get your money back if they draw.

• Man City (-0.25): You win if City wins, lose your money if they lose the game, and get half your ETH back if they draw.

• Man City (-0.5): You lose your full stake if City draws or loses and only win if the Citizens win the game.

• Man City (-0.75): You need City to win by two clear goals to win the bet. A draw or loss results in a lost bet, while a one-goal win means you get a ‘half win.’ If the profit for a 2+ goal win is $10, for example, a one-goal win earns you a $5 profit.

• Man City (-1): You get your money back if City wins by a goal, win if they defeat Everton by 2+ goals, and lose if the Citizens lose or draw.

The ETH sports betting website’s Asian handicap markets also allow you to bet on Everton if you believe they will have a good day.

For instance, betting on Everton with the +1 Asian handicap means you win if the Toffees avoid defeat and get your money back if they lose by a single goal.

Check out these markets if you take your gambling seriously and want to make your money last longer.

By removing the binary ‘win’ or ‘lose’ outcome from the equation, the Asian handicap market offers something new when you decide to bet.

Half/quarter/period markets

Most sports events are divided into sections, giving you further betting opportunities.

Imagine that you discover how successful a particular team is in the second half of games.

You can wait for the first half to conclude and analyze the action if you have the opportunity.

Now, you can wager on the team of your choice winning at this stage if the odds are right.

It is worth performing additional research to see if any particular team/player shows strengths or weaknesses at certain periods of matches.

Individual performance

Even in team sports, you have the chance to bet on selected players’ performance.

If you believe a player is in great form or has a record of brilliant performances against certain opposition, you can use this knowledge to win Ethereum .

Please note that the relevant sport dictates whether the market will involve baskets, goals, or points.

Team performance

In potential mismatches, it is always worth focusing on the performance of a specific team.

One of the benefits of this market is that your bet isn’t entirely dependent on the event’s outcome.

Even if the team you select ends up losing, you can still win ETH if you make the right call.

Final score

ETH sports betting platforms also offer a correct score market for certain sports.

To win, you have to predict the precise scoreline in a match.

Tennis is one of the easier sports to predict since there are only a limited number of potential scorelines.

Let’s say you guess the score of a best of three-set match; you only need to choose between one of the following outcomes: 0-2, 1-2, 2-0, 2-1.

It is far harder to predict the final score in a soccer match due to the immense number of potential outcomes.

If you don’t conduct plenty of research, any wins you achieve are solely down to luck.

As difficult as it is to win on the correct score market, at least you’ll find that ETH betting sites often offer generous odds.

Wagering in-running

Those who watch a live sporting event often find that there are opportunities to make a profit.

Ethereum sports betting sites offer a remarkable array of in-play betting options, which are fast-moving markets.

Suppose you feel that a team will play well but aren’t 100% sure; witnessing a game in-play gives you enough information to decide whether to make a bet.

If you’re an expert in any given sport, you might know the likely outcome shortly after the game begins.

Also, specific markets are almost guaranteed to provide better value odds as the game proceeds.

Futures Betting

Ante-post betting revolves around sports events set to take place at least 24 hours later.

Nonetheless, you’ll find that ETH betting websites offer odds on events that won’t begin for months.

When performed correctly, this form of betting can guarantee value odds when the price on the selection falls as the event approaches.

Unfortunately, it doesn’t always work out that way, and you may find that the odds drift.

Furthermore, it is essential to read the T’s and C’s of the sports betting site with Ethereum when placing your ante-post bet.

Some sites refuse to refund your money if your selection isn’t involved in the event.

For example, let’s say you back Rafael Nadal to win the French Open tournament.

Suddenly, you discover that Nadal can’t play because of an injury.

In this unfortunate circumstance, some sports betting sites with ETH will hold onto your Ethereum even though you had no chance to win.

An ante-post wager means you stake Ethereum on the winner of an event before it begins.