Ethereum Sports Betting

Ethereum sports betting is a type of digital sports betting that allows you to place your bets with Ethereum rather than the conventional way of betting with fiats. Dating back to 2015, when Ethereum appeared in the betting industry, it has been one of the major cryptocurrencies used as the replacement for fiat money.
Several advantages come with Ethereum sports betting such as an increase in betting limit, quick transfer of funds from your wallet to your bet account, absolute anonymity, and many more.

Everything is changing in the world. Casinos are also evolving. With the invention of the Internet and cryptocurrency, the owners of reputable casinos had the idea to go online and become more influential in the market. But to conquer the market you need to meet the standards. All sites from our list have the appropriate licensing documentation and are honest online crypto casinos. All mathematical probability algorithms are provided to the player immediately upon the first request because the platforms value their reputation. You do not need to spend hours looking for quality casinos for Ethereum betting and risk being deceived. Just trust the professionals.

This article is aimed at helping and providing necessary information to every betting fiend type, irrespective of whether you are a regular player, you play for fun, or you are betting for fun.

We have compiled the best Ethereum betting sites for you to immediately enjoy betting without wasting time looking for a safe resource.

How do we rate online Ethereum Betting Sites?

There are some criteria bettors should consider before setting up an account with any sportsbook. Bettors should opt for sportsbooks with a good reputation to ensure the safety of their funds and identity. Below are the major criteria to consider when rating an Ethereum sportsbook.

Security & Licensing

One of the major criteria bettors should consider before signing up for any Ethereum sportsbooks is the site’s security and licensing measures. There are many sportsbooks out there without licenses waiting to prey on bettors, usually amateurs, and rip them off their funds. Bettors should make sure they place their bets with sportsbooks that are licensed by the industry’s regulatory body.

Website Design

A badly designed website will always be a big ick for bettors. No matter how good the odds are, bettors will always prefer a betting website that is well-designed and easy to navigate around to betting sites with a poor user interface. Bettors have different preferences when it comes to design but the overall website design must be made whereby bettors navigate their way around the website easily.

Customer Support

As a bettor, knowing that there is a Customer Support team available to provide solutions to any difficulty you may encounter on the betting site will always put your mind at ease. A good sportsbook would have a customer support team that works 24/7 to attend to players at any time of the day. One of the things to look into is the contact options – telephone helpline, social media handles, email, and live chat option which is considered the fastest – available on the ETH betting site.

Sports Accepted

Whenever bettors are looking for a sportsbook with a good rating, they should consider bookmakers that offer the best range of sporting events with good winning odds. Most bettors’ primary aim is to make wins and increase their payout. Punters can achieve this when their sportsbook provides them with various sports betting events to bet on. Bettors should ensure they weigh up their game options before making their final decision.

Bonuses and Promotions

Bonuses & promotions serve as additional profit for bettors and can be worth a lot of money apart from their original win. Bettors should pay close attention to each sportsbook’s bonuses and know much every bonus is worth. Not all bonuses come for free as there are requirements for different bonuses and promos like a betting requirement, minimum deposits, and so on. Bookmakers offer their members profitable promos such as welcome bonuses, deposit bonuses, free bets, and accumulator bonuses. Active punters get bonus offers from their sportsbooks from time to time.

How to start betting

Do you find it difficult to place your bet? Or don’t even have an idea of how to go about setting up an account or making a deposit? Panic no more as the below guide will help you to make your fantasy as a bettor come to reality.

Select A Sportsbook

Before you can start to bet online, you need to choose a sportsbook. Ensure you make extensive research on various sportsbooks before you make your decision on which bookmaker to bet at. There are various qualities to look at while selecting a sportsbook, such as mouthwatering welcome bonuses and promos, multiple betting options, and excellent customer service.

Register an Account

After choosing a bookie, the next step to take is to create an account with them. This stage takes a few minutes whereby you will be required to provide information like phone number, valid email address, and a name that you will like to be addressed as. After all this information is vetted, you will need to fund your newly created account.

Deposit

Sequel to opening an account with your desired sportsbook, the next step is to deposit to your wagering account. This phase requires you to follow a few steps to successfully make your deposit. On the cashier page, click on “Deposit” then select your preferred cryptocurrency to bet with, and then select the amount you’ll like to deposit to your account. Your deposit will reflect in your account after this.

Enjoy

Finally, after verification of information and confirmation of deposit, you can begin to wager on sports events of your choice.

How to deposit with cryptocurrency

The daily increase in the popularity of cryptocurrencies has made most people want to place their wager on it. Some punters still find it difficult to fund their wallets and carry out some basic activities. Below is an extensive guide on how to deposit with cryptocurrency.

Create an account at the site you’re interested in depositing at

The very first step to take after deciding on the sportsbook to bet with is to set up an account with them. Usually, it requires you to follow smooth processes that take little time to create an account. This account performs a similar function as a bank account, where you can check the worth of your cryptocurrency and also deposit and withdraw different currencies.

Choose the cryptocurrency you wish to use for your deposit

In the deposit section of your chosen bookie, you’ll be provided with several options for cryptocurrencies. It is left to you to select the desired cryptocurrency that you’ll like to bet with, take Ethereum as an example.

Send your crypto by either logging in through your online crypto wallet or by sending it to the crypto address displayed on the site

The next step is to deposit to your crypto wallet which is usually easy to make the transaction. You’ll be provided with a unique wallet address or you’ll be asked to deposit the online platform, depending on the bookie. Go to your wallet then paste the provided address and select the amount you’ll like to deposit.

Wait for the transaction to be completed

After making a deposit, the transaction needs to go through some verification processes. Your deposit will reflect instantly after confirmation.

Popular sports at crypto sportsbook

ETH sports betting is one of the most common types of betting which allows punters to bet on various sporting events and earn profits. There are several sporting events available to bet on such as tennis, basketball, horse racing, soccer, and many more. Below are popular sports people bet on at crypto sportsbooks.

Football/Soccer

Crypto football/soccer betting is similar to traditional football betting because they provide as many betting options as the latter. In the United States, football is the most common sport for betting among them. Football bet takes up to half of the total bets on sports in the US. The most common football event that is being wagered on is the Super Bowl. Soccer is undoubtedly the most popular sport and it is regarded as the best sport to bet on by most bettors. It takes up to 70% of bets globally. Soccer hosts several tournaments and many betting options for punters to bet in.

Basketball

Basketball is one of the most popular sports, arguably the second most popular game in the world. As people continue to embrace betting with cryptocurrencies, bookies continue to improve their NBA crypto betting offers. You can wager on which team to win, individual performances, halves & quarters, and total points at the end of the game.

Boxing

One of the oldest combat sports in the world is Boxing and has always been going hand in hand with betting since its time of invention. Boxing is common among punters because of its unpredictable dynamic as a single punch can turn the match around. Unlike many sports, Boxing is unique as there is no one league or competition. It is categorized into professional and amateur boxing statuses, with different divisions, based on the boxer’s weight. Bettors are provided with several betting options such as early victory, total rounds, the winner, knockouts, etc.

MMA

The emergence of UFC has helped increase MMA popularity but didn’t change the fact that boxing is the most popular combat sport. Betting on MMA fights with cryptocurrencies is increasing rapidly every day as bettors are now enlightened on the advantages that come with betting on MMA fights with cryptocurrencies. Punters can bet on which fighter to win or lose the bout as draws are not so common in MMA fights. They can also bet on rounds, submissions, and knockouts.

Tennis

The most common type of one-on-one sport that is being bet on and regarded as one of the best sports to bet on is Tennis. Tennis bet offers great odds as bettors are allowed to bet on events like First Set Winner, Over/Under markets and Handicaps. Some of the major events that offer great odds are the Australian Open, Wimbledon, US Open, etc.

Horse Racing

Horse Racing is a sport that has been aligned with betting for several years. It was introduced in the virtual format when sportsbooks started accepting cryptocurrencies as payment methods. Horse racing with cryptocurrencies became more popular as bettors are allowed to place their bets without having to attend any racing event. Bettors can cash out big from horse racing as bookies attach big odds to racing events, especially national racing tournaments. Another advantage of crypto horse racing is that the bonuses attached to it are high, from the deposit bonus and other incitements.

Global Sporting Events

The FIFA World Cup is the most popular of the Global Sporting Events. It is played by 32 teams across all the continents in the world. Other major sporting events includes Super Bowl, The Grand National, the Olympic games, and many more.

eSports

There is a rapid increase in the number of players in electronic sports with over 450 million players across the globe. Several tournaments take around the world starring the best gamers.
Bettors should be familiar with eSports before wagering on any event. eSports host several important tournaments such as FIFA, Mortal Combat, Call of Duty, etc. Bettors can stake on match outcome- win or lose, handicap, and under/over maps.

FAQ Section

Are Ethereum sports betting sites safe?

Yes, licensed Ethereum sportsbooks are safe as they do not require players’ personal information. Bettors should be cautious and be sure of their address when making a deposit or withdrawal because Ethereum betting is non-reversible.

Is Ethereum betting legal?

Ethereum sports betting is legal in countries where traditional bet is allowed. Although some countries do not allow Eth gambling, players can still place their bets due to the anonymity of Eth betting.

Do Ethereum betting sites offer bonuses?

Yes, reliable ETH sportsbooks offer players several bonuses such as deposit bonuses, welcome bonuses to help bettors feel settled, free bets, and many more.

Are Ethereum betting sites’ withdrawals instant?

Withdrawals are not instant but credible bookies offer a superfast payout to their users. Before payment can be made, the withdrawal request has to undergo verification before payment. Once the confirmation is made, it will reflect in your balance.

Conclusion

Bettors should always pay attention to the factors stated above when considering a bookmaker. You should go for sportsbooks that are known for being fair with their odds, and their customer relations and also make swift payments. Ensure you check on the withdrawal and deposit charges of the best Ethereum betting sites you want to consider before signing up with them. Also, be keen to check the various sports options available to bet on. With a wide range of sports betting with ETH options, bettors can explore different sports events of their choice.
Remember to always bet responsibly and stake with funds that you can afford to lose.