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Ethereum Betting – Best Ethereum Sports Betting Sites in 2020


When cryptocurrencies were first introduced to online gambling, Bitcoin was the name on everyone’s lips.

Today, Ethereum betting is a big thing and there are plenty of bookmakers that accept this altcoin.

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 2020 that accept this cryptocurrency and how to make the most of what they have to offer.

Top 10 online bookmakers that accept Ethereum [2020] - Updated list

Rank
Bookmaker
Bonus
Accepts Ethereum
Rating
Get Started
1
100% up to €122
Yes
Rating 9.99 out of 10
2
100% up to €100
Yes
Rating 9.97 out of 10
3
100% up to €100
Yes
Rating 9.97 out of 10
4
100% up to €100
Yes
Rating 9.95 out of 10
5
100% up to €100
Yes
Rating 9.93 out of 10
6
-
Yes
Rating 9.93 out of 10
7
100% up to €100
Yes
Rating 9.93 out of 10
8
100% up to $100
Yes
Rating 9.92 out of 10
9
-
Yes
Rating 9.71 out of 10
10
Freebet up to 100 mBTC
Yes
Rating 9.00 out of 10

The definitive Ethereum betting guide for 2020

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, it can now be found at many of the best Ethereum sports betting 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. There are bonuses up for grabs, promotions to join and profits to be made.

How can I use Ethereum for betting?

Tip

Signing up for an account with an Ethereum sportsbook is a straightforward process, just like joining a classic bookmaker. Some have added the cryptocurrency next to the best online casino payments, so you can simply select it from the list. You can find from any review if your bookmaker of choice falls into this category, so a little research goes a long way.

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?

Once you decide to make the transition from traditional currency to digital money gambling, you should try to find the best Ethereum betting site. One of the first things to consider is its license and whether it is regulated by an authority that holds bookies to high-security standards.

Some of the best bookmakers in the world have added this cryptocurrency to the list of accepted payment methods. As long as you choose one of these sportsbooks, which are licensed, you will be able to bet safely and legally

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 2020

You’ll be surprised to find out how many high stakes betting sites now accept ETH and how many players choose to bet on this crypto currency. Our list includes established sports books that have been around for decades and are licensed by prestigious regulatory bodies, such as the MGA or the UK GC.

On the list you can find CAD bookmakers and GBP bookmakers that have added the surging altcoin next to traditional money. Among them, you can also find betting exchanges, with 0 commission betting Ethereum will compete against fellow players, therefore don’t have to worry about the house edge.

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 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, 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

As stated above, sports betting Ethereum has gained a lot of traction in recent years, but it still trails behind the more popular Bitcoin. Crypto currency fans are split among these payment methods and some have a hard time determining which is more beneficial.

There are pros and cons associated to Ethereum betting compared to Bitcoin and we’ll explain them in the paragraphs below:

  • Ethereum betting fees are smaller – undertaking soccer betting on crypto currencies is generally more profitable than wagering on traditional money. The commission paid by the player is smaller if any at all and there are no hidden fees eating away at profits. Sports betting crypto Ethereum is even more cost-effective, as these transactions cost only a few cents, while their Bitcoin counterparts can be up to 10 times more expensive.
  • Ethereum sports betting is more efficient – when it comes to validating transactions, Ethereum match betting is more effective. The network requires just a few seconds to validate a transaction, whereas Bitcoin can increase the waiting time to a few minutes. Granted these are all reasonable timeframes, when time is of the essence and you won’t settle for second best, Ethereum betting is the superior solution.
  • Faster Ethereum gambling transactions throughput – for Ethereum spread betting, as well as other forms of gambling, usually in casinos, the speed of the transaction throughput matters a lot. Ethereum is faster than Bitcoin and this is particularly important when it comes to provably fair games. Many bookmakers offer access to both sports and casino games through the Ethereum betting app so the ability to process everything faster is very important.

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.

Step 1
Find a bookmaker that accepts Ethereum betting
Step 2
Acquire the crypto currency and receive the transfer request
Step 3
Make a deposit by selecting the altcoin from the list of payment methods
Step 4
Wait for the money to reach your account and convert it into USD or EUR
Step 5
Choose your matches of choice from the long list of sports covered

Money transfers at Ethereum sports betting sites

Whether you chose no minimum deposit betting sports books or pick one of the bookmakers for highrollers, 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 a profit.

If you are successful in your sports betting Ethereum quest, you will eventually want to cash out your winnings and these are the steps.

Step 1
Make sure you don’t have any pending bonuses
Step 2
Choose ETH withdrawals from the list of payment methods
Step 3
Convert the fiat money in your account to Ethereum
Step 4
Initiate the withdrawal and wait a few minutes for money to be transferred
Step 5
Enjoy your winnings in ETH or transfer them back in fiat currency at crypto exchanges

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 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 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 2020. Second only to Bitcoin among all cryptocurrencies, ETH is the fastest rising of all altcoins at online sports books.

These have the biggest bonuses, many run on prestigious licenses and enjoy a solid reputation among players. As more cryptocurrency-friendly bookmakers open shop, Ethereum sports betting gains more traction and users. Don’t be afraid to embrace the altcoin of the future today!