The Best Sites For Ethereum Sports Betting

Whether you’re just starting your journey in the crypto wagering area or have some experience, the best Ethereum betting sites are your top destination for gambling. As a seasoned bettor, I tested numerous platforms, highlighted their bare features, and added the finest ones to the table. Move on to the platforms, check their proposals, and start your winning way.

TOP-3 Ethereum sportsbooks to consider

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Why Should Use Ethereum For Sports Betting?

ETH betting is considered one of the top-notch choices for bettors worldwide. Actually, Ethereum has the second-place ranking in the iGaming industry, with 9.9% of users. Only Bitcoin wins this match. But why do users prefer this token? Based on my feelings, I have highlighted some pluses of ETH betting sites and am ready to share them with you.

Low Commissions

Ethereum sports betting sites charge fewer fees. ETH-friendly bookmakers provide 0% commissions on deposits, so you only need to pay a tiny network fee for transaction processing. And speaking about withdrawals, there are only some small fees that you may pay for transactions. But these sums are less than Western Union, online wallets, or bank fees. On average, such charges are up to $0.2 per transaction.

Fast Deposits And Withdrawals

You can top up your account on an ETH sports betting site in a split second. The same situation applies to withdrawals. As there are no intermediaries (like banks), you can receive your winnings lightning-fast. Be sure this is true, as I frequently get funds in less than 15 seconds. It’s so fast! Especially considering that withdrawals via bank transfers require 3 to 5 business days.

Decentralization

Ethereum is a decentralized asset, so there is no third-party involvement in the payment processes. It is not a twaddle, since no government or financial institution controls crypto flows. So, paying with this crypto on ETH betting sites is free from any central bank manipulations.

Anonymity Of Transactions

Ethereum payments leave almost no trace of their owners. As all services occur on the blockchain, you may stay anonymous to a certain degree. The only transaction record is when tokens move between wallet addresses. So, I confidently use ETH for betting and do not worry about my financial privacy. I also prefer fully anonymous websites, where even verification is unnecessary. But sadly, such platforms are not very common.

Accessibility From Anywhere In The World

Since I communicate with a flood of sports betting fans worldwide, I know that you may bet with Ethereum anywhere globally. As the cryptocurrencies are not controlled, you can place wagers even if the betting industry is banned in your region. You only need to utilize a VPN and focus on the legal uses of cryptocurrency in your country to avoid issues with money exchange.

Security

The ETH blockchain is secured by a flawless network of miners who validate online transactions and ensure the token’s integrity. As a consequence, it is challenging for fraudsters to get access to transaction records. If we discuss the best Ethereum websites, platforms also use robust, secure measures, like SSL protocols, for bettors’ data protection.

Is Ethereum Online Betting Legal In The US?

Yes, Ethereum betting is legal in the United States. However, I know that it changes depending on state and federal laws. What do I mean? I verified that online betting is legalized and regulated in states like Nevada, New Jersey, and Pennsylvania. So, these betting sites formally accept cryptocurrencies. 

However, online wagering is illegal in states like Utah and Hawaii. So, you cannot use ETH and bet on local sites in these states. Still, do you remember that no government regulates Ethereum payments? As a result, you may pick a suitable international ETH-powered betting platform and make your predictions.

Ways Of Payouts From An Ethereum Sportsbook

Of course, the best Ethereum online sports betting sites I have tested offer other withdrawal methods in addition to ETH. As a rule, online platforms support other cryptocurrencies. For example, I have used Bitcoin, Dogecoin, Monero, and Tether. Nonetheless, several times, I have also withdrawn money to online wallets such as PayPal, Skrill, and EcoPayz. 

EthereumBitcoinDogecoinMoneroTetherPayPalSkrillEcoPayz
Min. Withdrawal$20$10$10$50$20$10$10$10
Max. Withdrawal$5,000$10,000$5,000$10,000$10,000$5,000$10,000$10,000
FeesIncludedIncludedIncluded
Procedure Time10-60 minutes10-60 minutes10-60 minutes10-60 minutes10-60 minutes1-2 days1-2 days1-2 days

Although it is not my cup of tea, I know that a plethora of trustworthy ETH-friendly websites support bank transfers for withdrawals as well. But Ethereum is the better choice for quick cash-outs if you value speed and financial anonymity. The procedure often takes 5 to 20 minutes and does not include high fees.

How To Choose The Best Ethereum Betting Site?

To be candid with you, I have to say that there are a bunch of top ETH sports betting sites, and choosing the finest one may be challenging. What should you do? Of course, you need to explore some crucial aspects, like licenses, bonuses, reputation, and that sort of thing. I have uncovered all the criteria for selection below.

Licensing And Regulation

The first thing that I cannot turn a blind eye to is the legal operation of Ethereum online betting platforms. I would recommend verifying the availability of official licenses for wagering services, like the UK Gambling Commission, the Pennsylvania Gaming Control Board, the Gibraltar Gambling Commissioner, etc.

Reputation And Reviews

As a seasoned sports enthusiast, I am sure that the website’s reputation is a backbone in the selection process. Only experienced users know all the hallmarks and pitfalls of ETH sports betting sportsbooks where they have wagered. So, read thematic feedback on different blogs and forums to make the right choice. I frequently check out Trustpilot to stay up-to-date with all the fresh information about the ETH-friendly websites’ reviews.

Betting Markets

Before creating an account on an Ethereum betting website, I often go through the available wagering options. As the vital move to achieve winning is betting on the top-rated sports events with profitable odds, you should explore the wagering markets. Look at such variants as totals, moneyline bets, parlays, futures, and live betting options.

Deposit And Withdrawal Options

Maybe you will want to pay in other crypto instead of ETH? In this case, you need to check out that the chosen website supports different methods for deposits and withdrawals. If you ask me, I am a fan of the best ETH betting sites that allow me to top up the account with Bitcoin, Monero, Dogecoin, and other tokens. Do not overlook an opportunity to use online wallets and bank cards on the chosen sportsbook platform as well if you use them. 

Betting Limits

As a bettor who likes risk, I frequently wager substantial sums on my favorites. Still, occasionally, I bet less than $0.5 in token equivalent and try new strategies or wagering methods. So, I like it when Ethereum sportsbook platforms provide various betting limits. Usually, they are from $0.2 in ETH to $500,000 in ETH. What can I tell to newbies? Look at the platforms with low minimum wagering limits. And if you are an experienced bettor like me, ensure the site is suitable for high rollers as well.

Bonus Offers

Show me a bettor who does not want to catch a lucrative bonus and boost winnings! I may say that I do not know anyone like this. So, I would advise looking at the list of bonuses you can grab on Ethereum betting sites. For instance, ensure the sportsbook furnishes welcome packages, reload bonuses, free bets, and exclusive VIP programs. 

Country Restrictions

If it is unavailable in your region, there’s no difference in what features the best Ethereum betting site you have picked provides. So, you need to check geo restrictions for the selected sportsbook and ensure you may legally bet on your favorite sport. Bear in mind that even if the picked online platform is blocked in your country, you may use a VPN service to hide your location and enjoy the sports wagering journey, though it may bring some risks with it.

Mobile Compatibility

Finally, inspect whether Ethereum betting sites offer dedicated mobile applications if you want to wager via your phone or tablet. Alternatively, you may play on your gadgets via flawless browser-based versions. Both options are good, trust me. 

What Sports Can You Bet Online On At Ethereum Betting Sites?

I can confidently say that the best Ethereum betting platforms provide a bunch of top-rated sports to wager on. Below, I have listed the most popular options:

Soccer

I will not exaggerate if I say that this is the most popular sport globally. It’s true, as there are over 4 billion football fans worldwide, and I’m among them. I like this kind of sport due to the wide range of events I can bet on. For example, I frequently wager on the UEFA Champions League, Copa America, English Premier League, and Spanish La Liga. But this is only a small half of the available events.

American football

Although this sport has not expanded globally, my first stake was exactly on the National Football League (NFL) tournament. On top of that, I like to wager on the Super Bowl, Rose Bowl, and other college competitions.

Tennis

In my humble opinion, this is no less exciting game with plenty of bets. Occasionally, I make some predictions on such events as the French Open, Wimbledon, Australian Open, etc.

Horse racing

This is one of the oldest sports for betting, with numerous exciting events. I follow competitions like the Cheltenham Gold Cup and Belmont Stakes in the United States.

Basketball

Of course, online sports betting with Ethereum is possible on such well-known basketball events as the Basketball World Cup, National Basketball Association, and Euroleague.

Baseball

This is not my favorite sport. Yet, I know numerous bettors who like to spend hours poring over statistics. The most top-notch events are Major League Baseball (MLB) and Japan’s NPB.

MMA

Can you tell me who does not like to follow combat sports? I do and recommend not overlooking an opportunity to bet on the most popular boxers. 

Esports

Well, cybersport betting on these sports is one of my hobbies. I prefer such esports as Dota 2, League of Legends, Valorant, Counter-Strike 2, and others.

Pros And Cons Of Betting With This Crypto

Pros

Fast transactions (up to 10 minutes)
No government or financial institution control 
Really low fees
Advanced security and anonymity
Global acceptance 

Cons

High volatility of cryptocurrencies
Regulatory challenges

Ethereum’s Future In Online Sports Betting

Well, I’ve been a crypto sports bettor for a long time, and I’m sure this area will only flourish. I believe the number of Ethereum betting platforms will increase as this digital currency is available worldwide and guarantees instant transfers with negligible fees.

On top of that, I am sure we will see more asset tokenization, which is possible thanks to the Ethereum blockchain technology. The ability to tokenize sports players, teams, and events opens up new types of Ethereum sports betting, such as peer-to-peer wagering on individual players’ results or specific events in the game. Let’s see if my predictions come true.

The Best Alternatives To Ethereum In Sports Betting

You will not be surprised if I say that not only Ethereum sports betting websites are top-rated among the fans. Here is a list of the finest crypto alternatives to use for wagering:

Bitcoin. It is the most popular cryptocurrency for betting. Numerous bookmakers support it. Besides, Bitcoin guarantees the security and transparency of payments. 
Dogecoin. This token, created as a meme, has become popular among wagering platforms and sports fans. So, you can safely use this cryptocurrency for betting.
Binance Coin. Known as BNB, this coin was created exclusively for trading, but many bookmakers now support it for sports betting. I love its minimal fees and the speed of deposits and withdrawals.

Final Thoughts

Summing up, Ethereum betting websites are a great fit for sports enthusiasts who want to wager on top-notch events using ETH. These platforms provide lightning-fast deposits and withdrawals, solid security measures, and generous bonuses. Use my tips, opt for the finest platform, bet on your favorite sports competition, and win!

Frequently Asked Questions