This guide features the best Ethereum motorsports betting sites in 2021.
All of these trustworthy sites make it possible to deposit and withdraw Ethereum with ease.
This article looks at the following aspects of Ethereum motorsports betting sites:
The advantages of choosing them
How to find the best ones around
The top-rated exchange to use on Ethereum motorsports betting websites in 2021
Let’s dive in.
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 motorsports betting site user, you might find that Ethereum has the following pros and cons:
You benefit from reduced transaction fees when compared to fiat
You don’t need much patience with ETH because a transaction only takes 12 seconds
You enjoy excellent levels of privacy and security when using ETH
The lack of fixed transaction fees makes it challenging to determine how much a transaction costs you on each occasion
You’ll find that using Ethereum reduces the number of motorsports betting sites you can use
The lack of regulation surrounding Ethereum motorsports betting sites means you must show caution when depositing Ethereum on any motorsports betting site
Curious about ETH motorsports betting sites, but still looking for reasons to take action?
We’re sharing several reasons why they are worth your attention.
Fiat currencies are fast becoming yesterday’s news.
Inflation reduces their value every day.
Governments prefer these centralized currencies as they help them keep control over the financial system.
Banks decide if and when you can or can’t use them.
Fiat currencies are not the future.
Ethereum is the new money in 2021.
You can exchange Ethereum without intermediaries.
You don’t have to concern yourself with payment gateways.
You keep the traditional banking system out of the loop.
Once you use a convenient VPN, registering an account with a ETH motorsports betting site becomes easy.
You can now start using sites that generally don’t allow users from your country.
In any case, some end-to-end Ethereum motorsports betting websites allow punters from almost every country in the world.
Disclaimer: We do not explicitly encourage any kind of illegal or unauthorized activity. There are risks involved in using motorsports betting platforms that would typically not accept users from your country, including (and not limited to) getting your accounts and funds frozen.
You might know that banks don’t appreciate online motorsports betting websites.
Banks can cause problems for anyone who uses motorsports 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 motorsports betting websites.
Here’s the thing about ETH motorsports 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.
When wagering on standard motorsports betting websites with fiat currencies, you are wasting an investment opportunity.
With fiat currencies, you lose purchasing power every minute.
When using a Ethereum motorsports betting site, the amount of Ethereum you hold will probably increase in value.
If you’re anything like us, you have had issues trying to deposit money on motorsports betting sites.
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 motorsports betting sites.
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 deposit on motorsports betting websites anymore.
Ethereum ensure that your bank never needs to get involved again.
Many online motorsports betting websites accept Ethereum . The trouble is, most of them offer fairly poor services.
Old-fashioned design, inefficient customer service, slow payouts, and much more.
The best ETH motorsports betting sites, on the other hand, are designed for the modern user. Therefore, they adopt better technology and respect their audience.
This translates into better, more competitive, and safer ETH motorsports betting sites overall, with better payments, more frequent promotions, higher-quality support, and more.
Financial regulations limit standard motorsports betting websites. This is why they are so slow and inefficient.
That’s why, on these motorsports betting sites, your deposit and withdrawal amounts are very limited, with slow transactions.
Although the best ETH motorsports betting sites are regulated (by the Curacao Gaming Authority most of the time), they are subject to less financial regulation.
This means you could receive immediate payments and limits you can live with.
We have found a few top ETH motorsports betting websites 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 motorsports betting site.
Bear in mind that blockchains take a certain amount of time to process transactions, but it is still a fast process.
Not all exchanges allow their clients to transfer funds to/from ETH motorsports betting sites.
They will keep your money and shut down your account if they catch you using them to deposit on ETH motorsports betting websites.
And trust us, they can find out if they want to. But how?
The leading exchanges utilize sophisticated blockchain forensics software to identify relevant blockchain transactions.
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 ETH motorsports betting sites?
For our money, Binance is the right option.
Not only is it the biggest exchange in the world; it has never had any policy against motorsports betting sites that accept Ethereum, ever.
As well as being the biggest, it is also the best exchange: it offers low fees, rapid withdrawals, excellent security, more currency pairs than other exchanges, and much more.
Set up an account on Binance, and you’ll discover that depositing funds and wagering on any reputable ETH motorsports betting site is effortless.
The term ‘motorsports’ covers various events where competitors drive bikes, cars, and other types of vehicles.
Apart from F1, other popular motorsports include Rallycross, kart racing, motorbike racing etc.
Stock car racing, particularly NASCAR, is a major sport in the United States.
The large reach of motorsports means there are a massive number of markets to choose from on motorsports betting sites that accept ETH.
Regardless of the event, the #1 market on Ethereum motorsports betting sites involves picking a race winner.
Even if you know the ins and outs of a specific motorsport, it isn’t always easy to predict the winner of any race.
You’ll find that this market requires a lot of analysis, but your hard work could prove fruitful in the end.
Generally, a single motorsports race is part of a series, and the aim is to finish first at the end.
There are points awarded for finishing in a certain position, with the winner understandably being awarded the most.
When taking on the overall winner market, focus on competitors or teams with a good track record of enduring a full racing season.
The Dakar Rally, Monaco Grand Prix, and 24 Hours of Le Mans are among the most anticipated motorsport events of the year.
One of the reasons why motorsports attract so many fans is due to their unpredictability.
This is why in-play options add an exciting twist on ETH motorsports betting websites.
You can choose from markets including the leader at the end of a specific lap or the first pit stop.
Both serious and casual punters are beginning to see the advantages of using Ethereum motorsports betting sites.
For such individuals, it is increasingly important that they enjoy privacy, and using Ethereum gives them that luxury.
Those who register with Ethereum motorsports betting sites soon find they have as many sports markets to choose from as with a standard motorsports betting site.
Apart from everyday events, you can view special markets for major events like the World Cup, the Olympic Games, and the Super Bowl.
You’ll also find that Ethereum motorsports betting companies provide better odds for various markets than a standard motorsports betting site.
There are also plenty of other advantages, including:
Hardly any transaction fees
Rapid deposits and withdrawals
Higher bonuses and rewards
Strong account security
No need to provide much information when registering
Ultimately, with Ethereum motorsports betting sites, you get the gaming experience you always wanted from other motorsports betting websites but could never get.
Estimates vary, but eSports now attract over 450 million viewers in what is a worldwide phenomenon.
Tournaments take place virtually every day and involve elite gamers.
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.
While traditional motorsports betting sites earned money from eSports, it hasn’t taken long for Ethereum motorsports betting websites to follow suit.
Perhaps you can gain an edge if you look into the top performing eSports stars before risking any cash.
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.
Ethereum motorsports betting companies are helping promote eSports, so you can expect this form of entertainment to become ever more popular.
Here are some essential factors when looking for the best Ethereum motorsports betting company.
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 ETH motorsports 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.
Unfortunately, this isn’t always the case. Some low-grade ETH motorsports betting sites 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 stage, such ETH motorsports betting sites will ask for verification. But, of course, once you try to go through the process, you’ll find that you can’t use the site legally and lose all your money as your account is blocked.
That’s why you must make sure the ETH motorsports betting sites you choose accept users from your country.
If you want to proceed with a motorsports betting company that prohibits your country, focus on ETH motorsports betting sites known for being honest.
Good Ethereum motorsports betting sites that act fairly and will likely return your funds if they catch you.
Stake is a fine example of such Ethereum motorsports betting site.
There are several things to note when looking for a high-quality Ethereum motorsports betting site, including reputation.
You can benefit from rapid Ethereum transactions with minimal fees because there’s no central authority red tape.
It is mainly a good thing, but one downside is that your Ethereum transaction is final.
Without the “protection” of a central authority, you can forget about a refund if ETH motorsports betting sites are dishonest.
Therefore, it is essential to pick Ethereum motorsports betting sites known for their legitimacy.
Our assessment of the best ETH motorsports betting websites therefore includes a particular focus on their reputation.
To save yourself some time, have a look at our ETH motorsports betting websites reviews to make sure you only bet on safe ETH motorsports betting websites.
It is essential to find ETH motorsports betting companies that help you manage your transactions, and we typically take the following factors into account in our ratings.
Not all motorsports betting sites provide the same ways of depositing and withdrawing your funds.
Keep your options open by selecting a site that lets you deposit or withdraw in several ways.
The Ethereum market doesn’t ‘pause,’ and top-ranked ETH motorsports betting sites know this.
In this matter, speed is king. If an opportunity arises, you’ll want to get access to your Ethereum quickly. For example, you might find something interesting on another Ethereum motorsports betting website.
While some motorsports betting sites with Ethereum process withdrawals immediately, others can take hours or even days.
The quicker the ETH motorsports betting site processes your withdrawal, the better.
Traditional motorsports betting sites have important restrictions in terms of payout.
Most of them can’t pay more than the equivalent of $10,000 per month.
Top Ethereum motorsports betting websites don’t have important restrictions.
Yet, there are ETH motorsports betting sites that only allow you to withdraw small sums.
Why? Because they can’t afford to pay significant amounts of money in one go.
In contrast, the best ETH motorsports betting sites let you withdraw as much as you want. Stake falls into this category.
Therefore, it is wise to use safe Ethereum motorsports betting sites with no withdrawal limits, especially if you bet big.
There is no question that end-to-end ETH motorsports betting sites are very different from standard motorsports betting websites. So let’s look at each option.
Once you put your money into standard motorsports betting websites that happen to accept Ethereum , you’ll find that it automatically becomes fiat.
The same will happen when you withdraw (if they offer Ethereum as a withdrawal method); they will convert your fiat back into Ethereum .
Not only do these transactions incur fees, but it also means you no longer hold Ethereum while your funds are on the site.
If you strongly believe in Ethereum , it makes no sense to convert them into fiat. Therefore, you should stick with end-to-end ETH motorsports betting websites.
For one thing, you can deposit or withdraw using many different digital assets on such Ethereum motorsports betting sites.
They also make it possible for you to use Ethereum directly.
With these Ethereum motorsports betting websites, you get the benefits of using Ethereum , including:
The ability to deposit and withdraw large amounts
Of course, not all end-to-end ETH motorsports betting sites offer all these benefits.
An end-to-end motorsports betting site that accepts Ethereum only has the potential to do it; there is no guarantee.
You’ll discover that only the top ETH motorsports betting websites care enough about their customers to provide these advantages.
We divide these benefits into three parts.
Most ETH motorsports betting sites offer welcome bonuses.
These offers often make it seem as if you’re getting a good deal.
Is there a catch? Yes.
These bonuses have heavy strings attached.
Many of them include wagering requirements (generally 30x to 60x your deposit) and have very restrictive terms.
Most of the time, it’s best to choose ETH motorsports betting sites that offer great promotions and VIP perks as they are much more valuable than the welcome bonus for 99% of users.
In general, standard Ethereum motorsports betting sites provide poor-quality promotions.
Instead, they focus on bonuses because they know most people will never meet the requirements.
The best ETH motorsports betting sites offer modern services, and as a result, offer a lot of great promotions.
These promotions not only keep the game fun, but they will also add a lot to your balance at the end of the month.
Good ETH motorsports betting sites are aware of the need to provide VIP programs worthy of the name.
After all, it is a great way to keep you entertained.
However, too many companies don’t bother.
When done right, a VIP program can significantly boost the level of enjoyment.
That’s why we strongly recommend only the most legit ETH motorsports betting sites with clear terms for their VIP program that offer generous rewards to their most loyal users.
Without a high-quality customer service team to contact, you’ll become frustrated if you have any problems.
This point is even more valid for beginners on ETH motorsports betting sites.
When determining the best Ethereum motorsports betting sites in 2021, we tested and rated each site’s customer service quality so you don’t have to.
ETH motorsports betting sites are legal most of the time; however, the exact answer depends on your country of residence.
It isn’t clear-cut because it depends on Ethereum and motorsports betting website law in each jurisdiction.
Although Ethereum is legal or tolerated in most countries, regulators are generally more severe with motorsports betting websites.
Yet, there are good ETH motorsports betting sites that let you register even if it isn’t legal in your country.
If you have a VPN, your transactions are out of the glare of a centralized authority, which means regulators have their work cut out.
Yes, you can because of how Ethereum addresses work. These are created privately by your wallet, and there is no other information that outlines where your Ethereum are stored or any location you send them to.
As a result, you can maintain secrecy by using a new address every time you receive payment. Another tactic is to use several wallets, each one for a different reason.
It varies from a couple of minutes to an hour, depending on several factors, including the Ethereum network.
There are numerous Blockchains involved in the transaction confirmation process, and they occasionally become overwhelmed.
You must pay an extra fee if you want to avoid having your transaction delayed by the Blockchain queue.
The withdrawal process goes through the same procedure as when you deposit. However, the majority of ETH motorsports betting websites also have to authenticate the action manually.
The time it takes varies depending on the ETH motorsports betting site. Some sites go through a long validation process which takes days. Others don’t complete this step and ensure your withdrawal happens as quickly as a deposit.