Best Ethereum Gambling Sites
Ethereum (and its token ETH) was launched in 2014, a few years after Bitcoin – and was created by those who played a part in the creation of BTC.
So, it comes as no surprise that it is now popular in the online gambling world – and we have brought you the very best Ethereum gambling sites. Read our Ethereum gambling guide, understand how it works and then pick the best ETH gambling site to get playing.
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Benefits of Ethereum Gambling Sites
There are many reasons to consider playing at Ethereum casinos, but it is essential you know how they compare with fiat currencies – the good and the bad.
Fiat vs Crypto
Ethereum can be quite intimidating to anyone that isn’t familiar with cryptocurrencies. Most people know, trust and understand fiat currencies and this isn’t yet the case with Ethereum. In fact, some may still not have heard of it, with their knowledge of cryptocurrencies stopping at Bitcoin.
This means that before you consider opening an Ethereum casino account, you should know a bit about it and what it is. ETH is something you need to buy and store online – and this means understanding how to buy it, where to buy it and how to store it safely. It is not as simple as getting a bank card and making an online purchase.
That is certainly one of the drawbacks of Crypto gambling – you need to understand it and take the time to research it first – and how to make sure you avoid all the scams out there. You can find out more about it at our Ethereum Academy to help you get started.
If this doesn’t bother you – and you are happy to put in the research, then there are lots of advantages to betting at an Ethereum casino which we will look at later.
The altcoin was created after Bitcoin and is the second largest of all cryptocurrencies. It was designed to be similar to Bitcoin – but even better. This means that it offers faster transactions, lower fees and this makes it an even better prospect for online gambling.
Once you have opened up an account at a good Ethereum online gambling site, then your experience should be every bit as good as the best fiat currency casino. We expect to see just as many high-quality games from all the top providers – plus the addition of blockchain games. Some will also offer sports betting and live casino verticals.
Here are some of the main reasons that it’s a good idea to become familiar with Ethereum and use it for gambling online:
Decentralisation = Less Restrictions
Although we like to think we are in control of our money, we aren’t. Our money gets paid into a bank account and we have to use the bank’s technology to transfer money and withdraw money. They set limits on how much we can withdraw – and we may even have to request withdrawals in advance.
They can also freeze your account and block access to your money. It’s your money, but you don’t control it – but the same isn’t true of cryptocurrency because it is decentralised.
This means that the Ethereum goes from your own account directly into the casino, without the need for any middle-man. So, there is no one that can limit how much you spend and how often you spend it – and no one can freeze your account if they don’t like what you’re doing. It simply means more control.
Safety and Transaction Speed
This also makes Ethereum very secure. You don’t need to enter your bank details or personal details online – just your Personal Wallet Number (which can’t be used to withdraw money – just deposit it into the wallet). As long as you keep your password and Private Key safe, the money is safe – especially when stored offline.
Additionally, it is very quick – and much faster than Bitcoin. This means that not only are deposits instant, but withdrawals are completed in moments, not days which is normal for a fiat currency casino.
Anonymity
Because it is decentralised, it offers players anonymity. The fact that you don’t need to enter your financial details when making a transaction ensures that no one can see that it is you playing at the casino. This also means that it won’t negatively affect any credit checks.
The only personal information that might be required is your email address if dealing with the customer support team.
Fast Payouts and Greater Limits
Payouts are better – not just because they are faster, but also because there are often higher maximum limits attached to Ethereum casinos. In fact, in some instances, the top Ethereum online casinos have no maximum withdrawals at all.
If you are lucky enough to win a large sum of money then, in some casinos, you will only be able to withdraw the money in lump sums over several months. However, many ETH casinos offer exceedingly high (or no) maximum limits, which means you can get your money straight away.
Ethereum Gambling Sites Reviews
We spend a lot of time and resources bringing you the best Ethereum gambling sites reviews so that you can feel safe in the knowledge that you are playing at a safe and trusted site.
We experience the casino from start to finish – register, deposit, claim the bonus, navigate the site, check out the games, contact customer support and withdraw. We enjoy the whole end-to-end experience to look for its strengths and weaknesses – and see how it works from site to site
How to gamble with Ethereum is similar no matter what casino you use, but there are small differences, so it’s good to be aware.
Aside from reading our reviews, other things you should consider include:
- Research the different wallets and choose the Ethereum wallet based on what you require.
- Understand the markets and compare exchanges so that you get the best ETH rates and lowest fees.
- Read through the terms of the Ethereum casino to see how it works on that site
A Short Guide to Crypto Gambling
After choosing one of our ETH gambling guide recommended sites, getting started is simple:
See Our List of Ethereum Gambling Sites
Read through our list, check out the reviews and compare the games and bonuses on each to see which one you prefer.
Choose and Buy Cryptocurrency
You then need to buy your Ethereum. Always shop around so that you can get the best exchange with the lowest fees. Remember, ETH can gain and lose value quickly, so it’s also about timing.
Set Up Your Ethereum Wallet
Compare the different Ethereum wallets out there and understand the pros and cons attached to each. You should choose your ETH wallet based on how much ETH you have and how you intend to use it. Some prefer to have an offline and online wallet – one for saving and the other for small online transactions.
Once you know how to gamble with Ethereum, have your casino, your money and wallet, it’s just a matter of playing.
Deposit Ethereum to the Gambling Site
How to gamble with Ethereum really begins now, when you deposit into your account
- Log into your ETH casino online account
- Select deposit and click on ETH as your preferred method.
- Note the ETH casino’s PWN
- Open your own ETH wallet, choose your deposit amount, enter the ETH casino’s PWN and click on confirm
- Your money should be in your account instantaneously.
If you wish to withdraw your ETH, then the process is very similar:
- Open up your ETH online casino account.
- Select withdraw and click on ETH as your preferred option.
- Enter the amount you wish to withdraw and your Personal Wallet Number
- Confirm the transaction
You should see the money in your wallet in under a minute.
How to Find the Best Ethereum Gambling Site?
Is Ethereum gambling legal? And can you gamble with Ethereum in your country? You need to know this before even thinking about signing up with a site. If you are certain of this and you have seen an interesting ETH casino that we haven’t recommended in our ETH gambling guide, then here are some ways to see whether it is any good.
Does the Crypto Gambling Site Support Your Country?
You need to make sure that the Ethereum gambling site accepts players from your country or region. If it doesn’t, then you may find that you are unprotected and susceptible to scams or fraud.
Ethereum Gambling Site Trustworthiness
Unfortunately, cryptos such as Ethereum attract scammers because of their anonymity. You need to look for licensing and certification to prove that it is fair, trustworthy and safe. You may also want to look online for other players’ experiences with the site.
Support Team (Native Language?)
The customer support service on an Ethereum casino is evidence of how much they value their players:
- The best Ethereum casinos will offer customer support around the clock.
- It should be available in different languages (make sure it offers your native tongue).
- Look at the different ways they are contactable. There should be several methods including live chat, email, phone and social media platforms.
- Make sure that they answer queries quickly and professionally.
Transactions and Fees
You should also be able to enjoy quick transactions – immediate deposits and withdrawals completed in less than a minute. It should also offer very high maximum withdrawals. Also, make sure that they don’t attach any additional fees for deposits or withdrawals.
Offers, Promotions, Bonuses
You can also tell a lot about the casino by its quality and quantity of bonuses. The best Ethereum bonuses are not only high value and plentiful for both new and existing customers, but they are fair. You should expect fair wagering requirements so that you can withdraw the winnings without bankrupting yourself.
An unfair bonus is a sign that the Ethereum casino is one to avoid.
Should You Consider Gambling Online Using Ethereum?
Here are the main advantages and disadvantages of gambling online with Ethereum
Offers faster transactions that fiat currencies and Bitcoin casinos.
The use of the Ethereum blockchain ensures the highest level of security.
Offers complete anonymity, so no one can see how much you spend gambling online.
No to minimal transaction fees.
Can attract scammers, so you need to be aware of scam ETH casinos.
Not as many ETH casinos yet as fiat casinos.
It can be volatile, with prices rising and falling based on whether it is a bear market or a bull market.
If you play in a casino that isn’t end-to-end ETH, then exchange fees may be incurred.
Ethereum Gambling Sites FAQs
Are Ethereum Gambling Websites Legal?
Yes, Ethereum is anonymous, so you can play at the casino without anyone else tracking your transactions. You do not need to enter your personal or financial details to deposit or withdraw, just your Personal Wallet Number.
Can I Gamble Completely Anonymously with Ethereum?
Yes, Ethereum is anonymous, so you can play at the casino without anyone else tracking your transactions. You do not need to enter your personal or financial details to deposit or withdraw, just your Personal Wallet Number.
How Long Do Ethereum Withdrawals Take?
Ethereum withdrawals are practically instant, but it depends on how busy the blockchain is. There may be times when it is busier and so it may take a couple of minutes. However, in any case, it is much better than fiat currency withdrawals which can take a week or more.
What Cryptos Should I Consider for Online Gambling?
If you want to try another cryptocurrency or altcoin gambling option, then there are plenty to choose from. Aside from ETH casino and BTC casinos, you can also gamble with Litecoin, Monero, Ripple, Dogecoin, Cardano, Dash and more.