Ethereum Gambling Sites

Ethereum is the second-largest digital currency in the world, behind Bitcoin. Just like its more popular older brother, Ethereum is a decentralized open-source blockchain. This means that both of these platforms have lots of similarities and only a few differences between them. The key feature which both cryptocurrencies share is that they are quite safe. This makes them perfect for online transactions between a casino player and Ethereum gambling sites for example.

Another thing that both of these platforms have in common is that they offer complete anonymity of transactions. For instance, when a gambler deposits 40 in Ether (the equivalent of 1 BTC), there are no records of the transaction ever happening outside the cryptocurrency network. This means that neither banks nor governments have any information regarding the people involved in the Ether transfer.

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Wolf.bet is an online casino offering different cryptocurrencies. Moreover, it aims to present you with a robust gambling experience.

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Monte Cryptos Casino is being considered among the leading casinos of the industry even though it was established just a few years ago. I was wondering why it is being held in the realm so early. Hence I decided to give it a try! So keep reading my Monte Cryptos Casino review to know the details I found out behind its increased publicity!

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With fascinating bonuses and promotional deals, the CryptoWild Casino will lure you into using their casino. However, apart from slots, is there anything else that the casino can offer to spice up players’ gambling experience? Read my CryptoWild Casino review below to know for yourselves.

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arcanebet is a decent online casino choice if you want a variety of gambling options. The provider has over 3000 different casino games, a top-notch live casino, and boasts solid sports and Esports betting sections. Read on to find out more.

In addition, both Ethereum and Bitcoin are very easy to use. The only time a casino enthusiast may encounter some problems is when he makes his first deposit. Moreover, this will not be because Ethereum is difficult to use, but only due to that being the player’s first Ether transaction.

On the other hand, there are also some minor differences between the two largest cryptocurrencies. The most notable one is in the coins produced. Bitcoins are the cryptocurrency generated by Bitcoin, while Ether is the currency which is the product of Ethereum miners.

Another significant difference is that Ethereum features a smart contract capability. This makes it more versatile in its use than Bitcoin.

Lastly, Ether’s block time, which translates to transaction speed, is around 14-15 seconds. Bitcoins’ block time, on the other hand, is around 10 minutes.

best eth gambling sites

Best Ethereum Gambling Sites

Ethereum makes for anonymous transactions, is very safe and is easy to use. These features make the cryptocurrency ideal for gambling. The best Ethereum gambling sites make full use of this and give their players extensive Ether gambling offers.

These days casino games and sports betting enthusiasts can indulge in Ethereum gambling at most crypto gambling sites. This means that if casino sites offer Bitcoin betting, they will also have Ethereum betting.

However, outside the cryptocurrency world, Ethereum still has a long way to go before mainstream gambling operators can start accepting it. Basically, punters and gamblers looking for Ethereum gambling are mostly limited to cryptocurrency sites right now.

Ethereum Gambling Games

Those of you who are always searching for an additional casino game or two shouldn’t fret though. There are tons of popular Ethereum gambling games at most crypto-oriented casinos. These are enough to satisfy even the most insatiable of gambling appetites and come in all shapes and sizes.

Ethereum Slots

Ethereum slots are pretty straightforward. They are the same as regular slots, but with the added bonus of accepting cryptocurrency. This means that 3-reel, 5-reel, and even 3D slot games are all Ethereum-friendly.

All of these come with their uniquely popular progressive jackpots too. I must be honest here and confess that I simply adore progressive jackpots. I think the concept of a constantly increasing jackpot is one of the great inventions of gambling. What is more, the fact that each player contributes to the potential jackpot amount gives a certain feeling of gambler-solidarity to each slot.

When playing slots with progressive jackpots, everybody comes in with the same chances of winning and the luckiest ones go home with ‘Ether’ in their wallets. There are no hard feelings as gamblers would rather see a fellow player win the jackpot than all that cryptocurrency stay with the house.

If you don’t win on a given day, you come with extra enthusiasm the next one. This is the camaraderie which was necessary for cryptocurrencies to work in the first place and it certainly plays a part in the popularity of Ethereum slots.

Ethereum Table Games

What I said about Ethereum and slot games goes double for Ethereum and table games. They are as close as you can come to a perfect gambling proposition. Ethereum table games are particularly popular with players who want to be certain that outcomes are always random.

Provably fair technology makes sure that this is the case. It is an essential part of any Ethereum casino and is something that all casino games utilize. With provably fair, casino goers can easily check whether a table game comes with random outcomes or not.

In standard online casino games, players have no choice, but to believe the Random Number Generator (RNG) technology and all of its outcomes. In contrast, players manually check Ethereum table games and the fairness of their outcomes. Provably fair plays an intrinsic part of Ethereum gambling and is another feather in any crypto casino’s hat.

Ethereum Blackjack

Blackjack is such a wonderful game that any payment method which lets you play it will do the trick. However, some payment options are better than others, and Ethereum is on par with the best.

The rules of Ethereum Blackjack are the same as any standard Blackjack game. The player and the dealer both start with two cards. The goal for the player is to beat the hand the dealer has, but not to go over 21. If a player goes over 21, his hand busts in Blackjack parlance. This means that the dealer automatically wins.

It is important to stress here that the dealer’s second card is always hidden while the player is making a decision. This decision is whether to ask the dealer for another card (hit) or to end the game with the two existing cards (stand). If the player is closer to 21 than the dealer after doing this, he wins some Ether straight away.

Ethereum Roulette

Players who use Ethereum as their primary deposit method say that it complements their roulette games perfectly. They claim that the high number of Roulette bets require a very fast and responsive depositing method. If you ask me, Ethereum definitely ticks these boxes.

This means that players can bet on as many roulette propositions as they like and still be able to top up their accounts instantly. This is because the transaction process from an Ethereum wallet to a casino account takes less than a minute. As long as players have Ether in their wallets, they can bet on any inside or outside roulette bet they desire.

In addition to this, the best Ethereum casino sites also have the full array of Roulette versions in their portfolios. This means that Ethereum players can try their luck on all types of roulette wheels. These can be the double zero American Roulette games or the classic one-zero European and French variants of the game.

Ethereum Poker

Poker is another table game which is very popular with Ethereum users. What is more, there are poker variants which are direct offshoots of the blockchain platform. This makes for some very natural integration of the game and that’s always a plus.

There are different versions of Ethereum poker, but they all come with the same basic rules and winning hands. This means that the least favourable hands are always the high card and one pair. Two pairs, three of a kind, and a straight are all progressively better. A flush and a full house are considered as pretty strong hands in any poker game and always warrant huge bets. However, when compared to the three strongest hands, they are all inferior. A hand with four of a kind, straight flush or royal flush is an excellent reason for a poker pro to go all in.

Ethereum Bingo

You don’t normally associate playing bingo with cryptocurrency gambling. However, there are lots of casino sites which accept Ethereum and have a top-notch bingo offer in addition to other casino games.

The premise of the game is, of course, the same. Players have bingo tickets in front of them and can benefit from various winning patterns.

Ethereum bingo can be of the 90-ball, 75-ball, 80-ball, and 30-ball kind. The only difference is that instead of conventional payment methods, players deposit funds using Ethereum.

Advantages of Ethereum Gambling

Ethereum facilitates fast deposits and withdrawals while at the same time enabling complete anonymity and secure transactions. Ask any gambler what will help him give his best on a table and he will pretty much say that exact same thing. For this reason, Ethereum, and alternatively Bitcoin, are the first choices of all casino veterans.When you play table games, you want to be secure and have peace of mind in order to give your maximum. You need to be able to deposit Ether two minutes before a Blackjack game starts and still be sure that your deposit will arrive on time.

Similarly, when withdrawal time comes, you want Ether to arrive as quickly to your wallet as possible. The fact that all Ethereum withdrawals are available within 24 hours after requesting them is certainly very appealing. What is more, having access to all of your funds instantly gives you extra mental freedom. This means you can fully focus on the table game and nothing else.

Let’s say you are feeling pretty sharp and have a good feeling about a Blackjack game. You have previously deposited Ethereum minutes before a game so are used to fast deposit processing times. However, your Ethereum wallet is empty so you decide to deposit some money via bank wire. How different can the two be, right?

Well, they can be quite different. It is normal for Ethereum and Bitcoin deposits to take no more than several minutes to get to your account. However, do the same thing with a bank wire transfer and you would have to wait between 1 and 3 days to play your first Blackjack game. Understandably, you would probably stick to Ethereum for your next Blackjack deposit.

Ethereum Bonuses & Promotions

There are lots of Ethereum related bonuses & promotions at crypto casinos. The most popular of these are of course the first deposit offers. They are usually a matched deposit bonus, but can also come in the form of free spins. Other popular Ethereum bonuses are loyalty programs, daily/weekly/monthly cashback offers etc.

First Deposit Offers

First deposit bonus offers or welcome bonuses reflect everything that an Ethereum casino stands for. They are the most lucrative and rewarding bonuses of them all and are probably the only situation in which gambling sites leave themselves exposed against minor losses.

Let’s look at an Ethereum first deposit bonus I came across to explain this. The welcome offer in my example will help you determine whether first deposit bonus offers you find are worthy of your attention or are just trying to trick you:

  • 100% first deposit bonus up to 40 ETH (1 BTC) (Wagering: 40x deposit + bonus, All Rights Reserved)

This looks like an enticing first deposit bonus offer on the face of it. All you are required to do is to place 40 ETH (1 BTC) and you would get the same amount in bonus funds. However, to get that much Ether, you would first have to meet the 40x wagering requirement. To say that a 40x wagering requirement is quite difficult to obtain is an understatement in my book.

And herein lies my point about first deposit bonus offers. Most welcome bonuses are enticing. With the right strategy and a bit of luck, a player can come out with a decent profit from most of these. However, always read the small print. First deposit bonus offers are breathtaking, but you still have to play them right if you want to win some Ether with them.

Loyalty Programs

Loyalty programs or schemes reward loyal players. They are the counterbalance of welcome bonuses and make sure that punters stick around instead of jumping from one welcome bonus to another.

Ethereum casinos and sports betting sites value loyalty in different ways. However, the general principle upon which loyalty is judged is the same. The more players wager, the more loyal they are in the eyes of casinos and bookmakers.

The most common rewards for loyal Ethereum players are free spins, daily cashback offers or other types of rewards. Players who are higher on the loyalty ladder get more free spins, higher cashback offers and more rewards.

New Ethereum Gambling Sites

Popular casino games are not only available at established cryptocurrency sites. Players can also find their beloved online gambling titles at some new Ethereum gambling sites too. The best thing about them is that their number is constantly increasing. What is more, they often try to appear attractive to players by offering more free spins and a better casino experience than more established casinos.

And while most of them are perfectly alright, some new casino operators come with dubious credentials. They try to lure players with some outlandish free spins claims only to leave them high and dry when withdrawal time comes. That’s why I always advise my readers to check for two things before playing with these sites: license and security certificates.

Always Watch The License of Ethereum Gambling Sites

A player must always check whether a new online gambling site holds a valid license. Regulatory bodies such as the UK Gambling Commission and the Malta Gaming Authority adhere to some very strict principals when deciding which casino will get a license. If a casino has a license from a gambling authority such as this one, then you should continue using its services.

Gambling authorities would never put their reputation in jeopardy by regulating an upstart casino with fraudulent intentions. That’s why a license of this type is the best litmus test of integrity for me.

Security

Another decent indicator of trustworthiness is the security a gambling provider offers. I always say that a player shouldn’t accept anything lower than 256-bit encryption and I will say that again here.

Checking the security of a casino is as easy as it can be and not doing it is just looking for trouble. To see the security certificates a casino site has, just click on the padlock symbol in the address bar. If you see an exclamation mark next to the padlock symbol, don’t even bother clicking as that is a high-risk casino.

Ethereum Sports Betting Sites

Ethereum gambling goes much further than online casinos. This is because the number of Ethereum sports betting sites is expanding all the time. In fact, there are tons of sports that you can wager on using Ether these days.

The most popular ones such as football, basketball, tennis, and horse racing are available at most Ethereum betting sites. If you want to bet on a popular English Premier League or Wimbledon match, you would have no problem to do that using Ether.

Problems arise when punters want to place bets on more obscure sports such as darts, table tennis or snooker. Obviously, there are a lot of Ether bookmakers that offer these. However, the majority of Ethereum sports betting sites don’t have sports’ lesser lights in their offers.

I predict that this will definitely change in the future. For now, though, punters will have to evaluate the offer a betting site has, before placing a bet.

I am saying that this will change in the future because I have seen this happened before. Not long ago people could only engage in cryptocurrency betting to wager on eSports. There’s nothing wrong with betting on games such as CS: GO, LOL, Overwatch, Dota2, Fortnite and Rocket League. In fact, betting on eSports is becoming more popular as you are reading this and more and more people are doing it every day.

However, Bitcoin and Ethereum betting sites knew that they needed to have a better sports offer to meet everyone’s needs. That’s why they quickly adapted to the changing scenery and included sports such as football and basketball in their portfolios. I am expecting the same to happen with obscure sports such as bandy, badminton and curling quite soon to be honest.

Ethereum Gambling on Mobile

Lastly, the best Ethereum betting and gambling providers will always enable Ethereum gambling on mobile devices. Betting on Android and iOS devices is no longer an exception to the rule. It is the rule itself. Casinos and bookmakers which feel otherwise won’t last long in a mobile-dominated environment.

I must note here that not all mobile apps are the same. In my ultimate guide for mobile apps I covered all the aspects the best mobile apps must have and it is no different for Ethereum apps. An Ethereum app must be easy to use, look stylish, come with live betting and live streaming options and have many other features.

Conclusion

Sites that accept Ethereum are increasing in number and will get even more popular in the future. One of the reasons for this is that Ethereum as a cryptocurrency perfectly complements all betting and casino endeavours. It offers three super important features which are relevant for gambling: anonymity, security, and ease of use.

There are also other factors which make Ethereum casinos and sports betting sites enticing destinations for gamblers. First of all, their betting and casino offers are constantly improving. Most Ethereum casino sites started with rudimentary games several years ago, but are now offering state-of-the-art crypto gaming experiences.

Another thing that these sites got going for them is the provably fair technology. With it, players can be absolutely certain that all outcomes are fair and there’s nothing rigged.

Finally, Ethereum casinos and betting sites never seem to shy away from offering enticing bonuses and promotions. Some of these might be overinflated, but with the right strategy, an experienced gambler can still get a decent windfall.

References

  1. https://www.cnbc.com/2020/12/01/ethereum-2point0-eth-cryptocurrencys-network-starts-a-major-upgrade.html
  2. https://ethereum.org/en/
  3. https://www.sciencedirect.com/science/article/abs/pii/S1544612317307419?via%3Dihub

 

FAQ

  • How do you gamble with Ethereum?

    First, you find betting operators which accept Ethereum. Then you deposit Ether from your wallet into your casino or betting account. After you have done this, you can start playing.

  • Is Ethereum gambling safe?

    It's very safe when done at the right casino. If you are gambling with casinos which have a valid license and have 256-bit encryption, there's nothing safer.

  • How to gamble with Ethereum and win?

    Always have a strategy in place before you deposit your Ether. You don't have to be a professional card counter, but knowing what you will do in a certain situation always helps.

  • If cryptocurrency gambling is legal in your country, then yes, it is.