Ethereum Betting – Best Ethereum Sports Betting Sites in 2024
When cryptocurrencies were first introduced to online gambling, Bitcoin was the name on everyone’s lips.
Today, Ethereum is used in the crypto betting industry and there are plenty of bookmakers that accept this altcoin, especially for crypto bets on horses.
Signing up for an account, loading it with cash, and claiming bonuses, is possible at most betting sites that accept Ethereum.
In this guide, you will learn how to find the most popular sportsbooks in 2024 that accept this cryptocurrency, where to find the best crypto betting sites, and how to make money betting on crypto.
- 1The definitive Ethereum betting guide for 2023
- 2How can I use Ethereum for betting?
- 3Is Ethereum betting safe and legal?
- 4How does Ethereum match against other cryptocurrencies?
- 5The best Ethereum betting sites in 2023
- 6What makes Ethereum betting sites special?
- 7Ethereum betting vs. Bitcoin betting
- 8Ethereum betting step by step
- 9Money transfers at Ethereum sports betting sites
- 10Pros and Cons of Ethereum betting sites
- 11Frequently Asked Questions about Ethereum betting:
- 12The future of cryptocurrency betting belongs to Ethereum
Best Ethereum Betting Sites in 20 April 2024 – Updated List
The definitive Ethereum betting guide for 2024
Ethereum sports betting is a relatively new thing, although the crypto currency has been around for a few years now. Second only to Bitcoin in terms of popularity and reach all the markets even CSGO Bitcoin Betting Industry, it can now be found at many of the best Ethereum sports bettings has to offer.
These are legal betting sites that operate on a license, just like the Euro bookmakers and dollar betting sites, so punters are in good hands. We can help you make the right choice, while browsing our list of more than top 100 bookmakers to find the one that accepts Ethereum betting, one of them is BitCasino. There are bonuses up for grabs, promotions to join and profits to be made.
How can I use Ethereum for betting?
Tip
Assuming you already own the currency, you can transfer it from your wallet to the online account and embark on your Ethereum gambling adventure. If not, the solution is to visit an Ethereum betting exchange and trade fiat currency for the altcoin.
Is Ethereum betting safe and legal?
How does Ethereum match against other cryptocurrencies?
Bitcoin bookmakers were the first to emerge when cryptocurrencies were first used for sports betting. They continue to dominate the market, but sports betting Ethereum is also a big thing and the two types of digital money are being used in parallel.
Bitcoin continues to dominate the market and it is found more frequently among the currencies of bookmakers that stick to fiat money. ETH is growing at a faster rate and even if it has a wide gap to close, it is preferred to most of the other altcoins. The bottom line is that Bitcoin is still preferred by punters, but betting with Ethereum has gained a lot of traction in recent years.
The best Ethereum betting sites in 2024
What makes Ethereum betting sites special?
Cryptocurrency bookmakers stand out from the crowd because they cherish anonymity and keep players and their actions anonymous. The best sports betting sites Ethereum such as Ivi Casino offer their members the same advantages that classic NZD bookmakers or AUD bookmakers have in store.
You can claim welcome bonuses, take part in recurrent promotions and bet on tennis crypto betting, football, volleyball, rugby, hockey and other popular sports. On top of that, you enjoy the advantages of instant returns Ethereum betting, faster and cheaper transactions, as well as enhanced transparency through provably fair games.
Ethereum betting vs. Bitcoin betting
Ethereum betting step by step
We’ve mentioned above that Ethereum sports betting is surprisingly simple, even for people who haven’t use crypto currencies before for gambling. There are only five steps to go through to set up an account, load it with crypto currency and place the first bet so anyone can do it easily.
Money transfers at Ethereum sports betting sites
Whether you chose low deposit betting sites or pick one of the bookmakers for high rollers, deposits should be performed nearly instantly. After converting the ETH to USD, EUR or rubles if you chose RUB bookmakers, the only thing left is to make money with sports betting. Make sure you also read our guide with everything you need to know on buying points sports betting, which will significantly increase your winnings.
If you are successful in your sports betting Ethereum quest, you will eventually want to cash out your winnings and these are the steps.
Pros and Cons of Ethereum betting sites
PROS
- Ethereum betting is fast, secure and inexpensive
- Betting sites with live streaming now accept Ethereum
- Enhanced anonymity and outstanding privacy
- Bigger bonuses that what traditional sportsbooks offer
CONS
- Not all bookmakers accept deposits and wagers in Ethereum
- Many Ethereum sports betting sites are not licensed and regulated
Frequently Asked Questions about Ethereum betting:
Ethereum betting can be perfectly safe and you can wager in complete accord with the law if you choose a licensed bookmaker. Read a review to learn what fellow players have to say about the bookmaker.
Ethereum sports betting can be conducted on smartphones and tablets powered by Android and iOS. You can bet in the browser at virtually all sports books, but some also have dedicated crypto betting apps for mobile devices.
The future of Ethereum is uncertain, as the altcoin must address sensitive issues such as decentralization, security and scalability. There is a certain degree of optimism, but only the future will tell how it will be fair.
Ethereum betting is compatible with all popular sports and betting markets, ranging from classic ones to point spread betting, soccer spread and an abundance of live betting options.
There’s a lot of competition among Ethereum bookmakers, so they are motivated to offer bonuses to attract players. You can sign up for bonuses, have your first deposit matched and take part in promotions.
The future of cryptocurrency betting belongs to Ethereum
Ethereum betting is possible at many established bookies, as well as most of the new ones that open shop in 2023. Second, only to Bitcoin among all cryptocurrencies, ETH is the fastest rising of all altcoins at online sportsbooks.
These have the biggest bonuses, many run on prestigious licenses and enjoy a solid reputation among players. As more cryptocurrency-friendly bookmakers open shop, including Dogecoin betting sites (see here our Dogecoin betting guide), Ethereum sports betting gains more traction and users. Don’t be afraid to embrace the altcoin of the future today!
