Best Ethereum Betting Sites

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

Why Ethereum Betting Sites Are Great?

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

There are countless reasons to give them a try, and here are just a few of them.

Bypass geo-restrictions

You can exchange Ethereum without intermediaries.

You don’t have to concern yourself with payment gateways.

Banks and credit cards? Forget about them!

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

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

Some end-to-end Ethereum betting websites 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 betting websites that forbid users from your country. For instance, you could have your account frozen, which means you can’t access your money.

Fiat currencies are losing their value

Fiat currencies are boring.

• Inflation is decreasing their value every single year.

• Ultimately, governments keep the current fiat system because it suits their needs.

• Banks have carte blanche to determine to whom you can send them.

It’s time to move away from fiat currencies.

In 2021, Ethereum is what’s taking us into the future of money.

Ride the bull market

While you bet on a regular betting website with fiat currencies, you hold … fiat.

Fiat currencies are old-fashioned and inflationary.

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

Nobody will know

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

Banks can cause problems for anyone who uses sports betting sites. They have even turned down the mortgage applications of many individuals for that very reason.

This can happen even with moderate usage of betting sites.

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

As a bonus, no one else will find out either.

Financial investment on your terms

It is sometimes a challenge for punters to deposit money on betting websites.

The bank froze the account of a team member for a month.

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

However, the UK added a new regulation in April 2020 without him realizing it.

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

ETH keep your bank out of the picture permanently.

The new generation of Betting Sites

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

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

On the contrary, the best sports betting sites that accept ETH are more modern, have better technology, and target a more educated audience.

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

Rapid payouts and higher limits

Traditional sports betting sites have to deal with payment gateways, bank account management, and a ton of financial regulations.

The result is that these sports betting sites have snail-like transactions, along with mediocre deposit and withdrawal amounts at best.

Although the best Ethereum betting sites are regulated (by the Curacao Gaming Authority most of the time), they are subject to less financial regulation.

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

For example, some of the top ETH betting sites offer instant and unlimited deposits and withdrawals. That’s unseen in the traditional sports betting site industry.

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

What Will You Find on Ethereum Betting Sites?

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

For such individuals, it is increasingly important that they enjoy privacy, and using ETH gives them that luxury.

Sports

Ethereum betting websites provide as many sports markets as traditional betting websites.

Aside from the usual hundreds of match and in-play markets, you can look long-term at big events such as the European Championship in soccer and golf’s Ryder Cup.

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

However, Ethereum betting websites are even more impressive than you think, as users enjoy the following pros:

• Minimal transaction fees

• Lightning-quick deposits and withdrawals

• Better bonuses and promotions

• A high level of security

• Easy registration with minimal personal information required

Overall, Ethereum sports betting sites eliminate many problems that irritate seasoned bettors and provide a superior user experience than old-fashioned sports betting sites.

eSports

Estimates vary, but eSports now attract over 450 million viewers in what is a worldwide phenomenon.

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.

Reputable Ethereum sports betting companies jumped on the eSports trend and now rival standard sports betting websites regarding available events and markets.

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

Games such as DOTA 2, StarCraft II, and PUBG are among the most popular for tournament purposes.

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

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

How To Pick The Best Ethereum Betting Site For Your Needs?

Here’s what you should consider when selecting the best Ethereum 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 sports betting sites that accept Ethereum will not allow you to register an account and deposit funds if you’re visiting the website from one of their restricted countries.

Unfortunately, this isn’t always the case. Some low-grade Ethereum sports betting websites enable you to register and put money into your account, and all seems well until you enjoy some success and try to withdraw the money.

At this point, your account is flagged for verification. For some shameless sports betting sites that accept Ethereum , the most likely result is that your account gets frozen and your funds confiscated.

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

If you want to proceed with betting websites that prohibit your country, focus on ETH sports 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 bet.

Stake is one such site.

Ethereum Betting Site reputation

This is another crucial aspect to take into account when selecting your ETH sports betting site.

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

That’s great, but Ethereum transactions are also permanent.

Without the “protection” of a central authority, you can forget about a refund if Ethereum betting sites are dishonest.

Therefore, it is essential to pick ETH sports betting websites known for their legitimacy.

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

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

Is the Ethereum Betting Site end-to-end ETH?

Standard sports betting sites that allow the use of Ethereum and end-to-end Ethereum betting sites are entirely different.

Standard Betting Sites

Traditional betting sites that accept Ethereum will convert yours into fiat when you deposit.

The same will happen when you withdraw (if they offer ETH as a withdrawal method); they will convert your fiat back into ETH.

In the end, you have to pay fees for each transaction, and you’re stuck with fiat currency on the site rather than Ethereum .

If you strongly believe in Ethereum , it makes no sense to convert them into fiat. Therefore, you should stick with end-to-end sports betting sites that accept Ethereum .

Why are end-to-end Sports Betting Sites That Accept Ethereum better?

These types of ETH sports betting sites let you deposit or withdraw with a massive number of digital assets.

You also get to use Ethereum on the site, which is vital.

End-to-end ETH sports betting websites allow you to leverage the benefits of Ethereum , including:

• Lightning-fast withdrawals

• The ability to deposit and withdraw large amounts

• Anonymity

Of course, not all end-to-end Ethereum sports betting websites offer all these benefits.

Being end-to-end Ethereum only means they can provide these benefits if they want to and put the effort.

However, only the top Ethereum betting websites offer most of these benefits.

Offers and promotions

It is easier to split things into three distinct categories.

The initial signing up package (bonuses after registration)

Most Ethereum betting websites offer welcome bonuses.

At first glance, it seems as if the betting site is being extremely generous.

If you think there is a catch, you’re correct!

These bonuses have heavy strings attached.

Many of them include wagering requirements (generally 30x to 60x your deposit) and have very restrictive terms.

To get the best out of your funds, we recommend finding Ethereum betting sites with a solid VIP program and regular promotions.

Promotions quantity and quality

In general, standard sports betting sites that accept Ethereum provide poor-quality promotions.

As we mentioned earlier, their preference is to provide restrictive bonuses.

The best ETH sports betting websites 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.

Loyalty Club

Good Ethereum betting sites are aware of the need to provide VIP programs worthy of the name.

This is a great way to ensure you come back for more.

Still, many of them don’t.

VIP benefits, just like great promotions, will add a lot of fun and rewards.

This is why you should choose legit Ethereum betting sites with high-quality VIP programs that make you feel valued.

Transactions

When considering whether sports betting sites that accept ETH offer good payment terms, we generally look at the following aspects.

Payment options

There is a disparity in the range of deposit and withdrawal methods available on betting websites.

Keep your options open by selecting a site that lets you deposit or withdraw in several ways.

How quickly can you withdraw?

The Ethereum space moves fast, and so do sports betting sites that accept ETH .

You might require quick access to your Ethereum so you can transfer to a different Ethereum betting site or make a fast trade.

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

You’ll likely want to find Ethereum betting sites that process withdrawals ASAP.

Withdrawal limits

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

Most of them can’t pay more than the equivalent of $10,000 per month.

Top Ethereum betting websites don’t have important restrictions.

However, some sports betting sites that accept ETH still have low withdrawal limit policies.

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

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

You should aim to register on safe Ethereum sports betting websites that offer unlimited withdrawals, even more if you’re a high-staker.

Sports available

When choosing sports betting sites that accept Ethereum , look for the ones that give you the best:

• Selection of sporting events

• Choice of markets

• Probability of winning

Not all sports betting sites that accept Ethereum offering a large variety of sports are good Ethereum sports betting sites worth using.

After all, you could find ETH sports betting sites with incredible sports offerings that will scam you.

To identify the best offers, we recommend registering with several legit Ethereum betting sites.

You can then compare their sports options side-by-side.

Ultimately though, it is all about finding the best overall Ethereum betting site before exposing your Ethereum , one that has an excellent reputation and allows users from your country.

Customer service

If you need help with something, things go more smoothly when you can quickly and easily chat to a trained customer service operative.

Particularly if you’ve never practiced Ethereum sports betting sites before.

Therefore, our reviews of the best sports betting sites with ETH in 2021 include a thorough check and testing of their customer service.

How to Begin Betting with ETH

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

Locating decent sources explaining HOW to use it is another story.

We have spotted this gap and developed a quick guide on registering with Ethereum sports betting sites and getting the best out of your digital currency.

Please take into account the following facts before proceeding:

There are thousands of cryptocurrencies, but most sites only accept a handful of the best known

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

Crypto transactions are irreversible, so if you make a mistake, you could lose all the money deposited or withdrawn

Choose a Ethereum Betting Site from our list

Our reviewers forensically examined each sports betting site accepting Ethereum that made it on our list.

We thoroughly explore every site, focusing on essential criteria like the digital assets on offer, quality of customer service, and reputation amongst users.

Unfortunately, there are a significant number of dubious betting platforms.

If you accidentally register with one and deposit money, you’ll likely never get it back.

Consequently, it is sensible to find the Ethereum betting site you’re thinking of using and see what our reviewers say about it.

After completing the review, you’ll know if the company is legitimate or not.

Open an account on your Ethereum Betting Site

It is time to register with your selected sports betting site that accepts ETH once you fund your e-wallet with Ethereum .

On occasion, the registration process is even shorter than with fiat currency gaming sites.

If you dislike slow registration, see what our reviews say about a Ethereum betting site’s process.

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

It is common for Ethereum betting sites to provide initial deposit bonuses to new customers and individuals who use digital currency.

Get your Ethereum ready

If there are already funds in your ewallet, you can begin the depositing process and receive your welcome bonus.

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

There are two ways to create a wallet: use a non-custodial wallet which means you’re responsible for its safety, or a hosted wallet.

Non-custodial wallet

If you want a non-custodial wallet, download an app (such as MetaMask or Coinbase Wallet), create an account, and securely record your security key.

Hosted wallet

Creating a hosted wallet is as easy as opening an account with an exchange you trust and using 2-step verification for extra safety.

It is also wise to always select the coin you intend to bet with when enjoying the action on a Ethereum betting website.

Or else the site will charge you a fee to convert the currency.

It is worth reading our reviews to determine the organizations that offer Ethereum on their sites.

Deposit your Ethereum

You’re almost there; now, all you have to do is fund your account with Ethereum .

Find out how to make your first deposit on the Ethereum sports betting website before doing anything else.

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

Review each Ethereum sports betting site’s fees to ensure the one you choose doesn’t charge more than the industry average.

Finally, wait patiently for the deposit to arrive as it could take anywhere from minutes to hours.

Our reviews reveal which sports betting sites that accept ETH rank first and last for transaction times.

Consider contacting the site’s customer service representatives if your account isn’t funded after six hours.

Our reviews clearly illustrate the Ethereum betting websites with great customer support, along with companies that must improve in this department.

Which Exchange To Use For Ethereum Betting Sites In 2021?

Not all exchanges allow their clients 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 sports betting sites that accept Ethereum .

Believe us; it is simple for them to get this information. Want to know how? Let’s find out.

The most serious exchanges use blockchain forensics software to track transactions on the blockchain.

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 ETH betting websites?

For our money, Binance is the right option.

It is a vast exchange, the world’s largest. But, more importantly, it doesn’t have any rules against using sports betting sites that accept Ethereum .

Plus, it is also the best exchange by far for many reasons: top security, currency pairs available, lowest fees, fast withdrawals, and much more.

Set up an account on Binance, and you’ll discover that depositing funds and betting on any reputable ETH sports betting site is effortless.