Ethereum Sports Betting

    Do you want to get a complete rundown of the best Ethereum sports betting options? You came to the right place. I have extensive experience in crypto online betting, and I am more than happy to share all my knowledge with you right here. Let’s get started!

    Crypto gambling is all the rage right now, and punters love to play with various types of cryptocurrencies. The blockchain process that cryptocurrencies utilize comes with tons of advantages over conventional payment options, and that makes digital currencies ideal for modern bettors.

    As I mentioned earlier, Cryptocurrencies enable you to make transactions that always reach their desired destinations, are safer than conventional banking options, and don’t reveal your identity.

    Ethereum (ETH) is one of the most established cryptocurrencies. In terms of popularity, it is second only to Bitcoin but often is the first choice of punters, especially the ones looking for a reliable and secure online gambling experience.

    Moreover, Ethereum betting is as simple as crypto betting gets. All you need to do is to find a secure crypto wallet and then make a deposit at bookmakers that accept Ethereum.

    Finding a decent Ethereum wallet is easy as there are tons of high-quality ETH wallets online.

    I’ll admit, it’s slightly more difficult to find secure and reliable Ethereum sports betting sites, but that’s where I come in.

    I have extensive knowledge of the best Ethereum betting sites and only feature bookmakers that have a proven track record on my site.

    It’s not easy for an Ethereum betting site to make it on my list, so you can rest assured that the bookies I list here meet the highest standards possible.

    Read on to find out all you need to know about the top-rated Ethereum sports betting sites.

    Best Ethereum Sports Betting Sites

    If you want a top-notch crypto wagering experience, you should go with the best Ethereum sports betting sites. Making a compromise in this regard shouldn’t be an option as playing at inferior Ethereum sports betting sites can ruin your Ethereum wagering adventure.

    Low-quality Ethereum sites paint crypto gambling in a bad light, and you should avoid them at all costs.

    The problems you can encounter when playing at second-rate crypto betting sites include slow-to-respond customer service and no crypto-related support. Mediocre crypto bookmakers also have nonexistent Ethereum bonuses and frequently cause deposit and withdrawal issues.

    To prevent this from happening, you should play at the best Etherum sportsbooks and nowhere else. I have compiled a comprehensive collection of reliable Ethereum bookmakers, and I advise you to start your crypto gambling adventure there before going anywhere else.

    These sportsbooks have passed through some stringent BettingRex filters and should always be at the top of your list of preferred Ethereum betting sites.

    Here are some of the things that I look for when trying to ascertain whether a sportsbook is top-quality or not.

    Ethereum Sports Betting Sites Must Have a Valid License

    The first thing that I recommend you to always check in any bookmaker is whether it holds a valid gambling license or not. If an Ethereum sports betting site doesn’t have authorization of this sort or that right to operate is no longer valid, you may prefer to look elsewhere.

    To me, a valid license guarantees several crucial things. First of all, it tells me that a reputable regulatory body has gone through the credentials of the crypto betting site for me. In other words, if a gambling authority licenses a sportsbook, I know that all company information provided is 100% true.

    A license also signals that I am dealing with a legitimate company with a proven track record. Gambling regulators often strip crypto betting sites off their authorizations if there are a lot of customer complaints of their service. If regulators have given a license to an Ethereum sportsbook and that license is still there, that’s a decent sign of a reliable bookie.

    Lastly, a licensed Ethereum betting site is an assurance that you will have a regulatory body to vouch for you in case of a dispute with the bookmaker. In a world where big businesses and corporations are untouchable, it is nice to know that a reputable regulator is looking after your interests.

    Safety and Security of Transactions is Another Must For ETH Bookies

    The safety and security of your transactions should also come into play when deciding on your ideal Ethereum sports betting site.

    Punters often overlook the security aspect when choosing a crypto bookmaker. Unfortunately, that decision frequently has devastating consequences on bettors and their betting account funds.

    Just as is the case with lots of regular betting sites, there is a myriad of blacklisted sportsbooks that accept Ethereum too. Your best bet is to avoid these, and here are a couple of tips that can help in this regard.

    Latest Security Certificates

    Another thing that you should check before you gamble Ethereum is to ascertain whether the crypto betting site has the latest security certificates. If it does, this is a guarantee that all transactions you make will happen behind a bulletproof security wall. However, not all wagering sites have these.

    Lots of people think that cryptocurrencies such as Ethereum are inherently secure, and to some extent, this is true. Ethereum, like all other proven cryptocurrencies, comes with an ingrained double-hashing function in the blockchain protocol. This crypto function ensures that hacking Ethereum transactions is almost impossible, and that’s one of the reasons why punters choose cryptocurrencies.

    However, that double-hashing feature is only useful if you are dealing with a wagering site that has all the latest security certificates. If you are wagering at a bookmaker whose security licenses are no longer valid, all sorts of problems can happen. In that case, not even the most rigorous blockchain protocols will help.

    To check whether the Ethereum gambling sites you visit have the latest security certification, you should click on the padlock symbol in the address bar of your browser.

    Once you do that, you will be able to see all security-related info. In other words, you will know whether you are dealing with a top-notch or second-rate Ethereum sports betting site.

    Type of Encryption

    Another security-related tip is to check the level of encryption Ethereum betting sites have. Secure Sockets Layer (SSL) encryption is the most common type of coding and decoding technology that Ethereum casinos, ETH gaming sites, and Ether bookmakers utilize.

    This type of encryption protects your sensitive personal and financial information by encrypting it. Once encryption takes place, hackers can’t access your sensitive information.

    As with security certificates, it’s easy to verify that the Ethereum gambling sites you choose use sufficient levels of encryption. To do this, you should once again click on the padlock symbol and see the type of encryption you are getting.

    ETC Sports Betting Bonuses

    When choosing your ideal Ethereum sports betting operator, you should pay close attention to the ETC sports betting bonuses it offers. A quality Ethereum betting provider will have a variety of ETC wagering promotions, and they will be quite enticing to boot.

    There are lots of lucrative Ethereum-related bonuses out there, and you should settle for nothing but the best promos in this regard. Let’s take a look at the most common ETH/ETC bonus offers you can find online.

    Ethereum First Deposit Bonus Offers

    You get a first deposit bonus offer when you open a sports wagering account for the first time. In most cases, Ethereum bookmakers will match your first deposit up to some predetermined amount. Sometimes they will also offer free bets or risk-free wagers.

    First deposit bonus offers are among the most enticing promotions that Ethereum sportsbooks boast. You can play with the bookie’s bonus funds for quite some time if you land a quality welcome offer. That’s why it’s always a good idea to check the bonus betting offers that bookmakers have before you start wagering.

    Ethereum Reload Deposit Bonus Offers

    Experienced punters love their reload deposit bonuses, and the same is true for the Ethereum variant of this popular promo. With them, bookmakers reward players who have already used up their welcome bonuses and match their second, third, or subsequent deposits.

    The best thing about reload deposit bonuses is that they come in handy regardless of the sport you like. Whether you are betting on footballboxing, basketball, or virtual sports, you will love Ethereum reload bonuses. They will increase your betting account tally frequently and will facilitate more adventurous bets.

    Alternative Crypto Betting Options

    In addition to Ethereum, you can wager at bookies with alternative crypto betting options too. These include popular cryptocurrencies such as Bitcoin, as well as altcoins such as Litecoin and Tether.

    Most of the time, when gambling sites accept Ethereum, they will also allow other cryptocurrencies such as Bitcoin, Litecoin, Dogecoin, and Tether. Let’s look at the most popular alternative sports betting options.

    Bitcoin Sports Betting

    Bitcoin (BTC) is the first and most popular cryptocurrency. As a result, the number of sports betting providers that accept Bitcoin is quite large too. Yes, Ethereum is one of the fastest rising cryptocurrencies in the world. However, Bitcoin is still the leader in trading volume and transactions made.

    As such, it is always smart to try and explore the Bitcoin betting avenue at your disposal. The oldest digital coin is a proven deposit option that trumps most FIAT currency when it comes to security and anonymity of transactions. If that is what you are looking for when you bet on sports, then you can’t go wrong with Bitcoin.

    Litecoin Sports Betting

    Ethereum and Bitcoin are by far the most prevalent crypto betting options out there. However, there are also lots of new sports betting sites that accept less popular cryptocurrencies such as Litecoin that you should check out.

    The cryptocurrency that started as a project on the side for former Google employee Charlie Lee turned into a full-fledged digital coin only a month after Lee released it.

    Litecoin’s rapid increase in popularity was complete in 2013 when the cryptocurrency experienced its highest growth ever, including a 100% increase in a single day.

    These facts should be enough to convince you that Litecoin is a decent crypto betting alternative to Ethereum and Bitcoin. If you are new to crypto and haven’t heard of Litecoin before, rest assured that it is a legitimate wagering option.

    Tether Sports Betting

    Tether is a more adventurous crypto betting alternative when compared to the three other cryptocurrencies I have mentioned above. It isn’t as proven as Ethereum, Bitcoin, and Litecoin, but there are lots of sportsbooks that accept it.

    Tether was one of the rare examples of cryptocurrencies that their creators have pegged to fiat currency. The people at Tether Limited claimed that the US dollar backs their digital coin.

    However, that has proven to be only partially true. The cryptocurrency has had its fair share of controversies in the past, and it’s up for debate whether Tether is a decent crypto alternative.

    As a result, I wouldn’t go and say not to use Tether as a wagering option but would advise caution.

    If you are looking to bet on sports using cryptocurrency, it’s much safer to go with tried and tested alternatives. Ethereum, Bitcoin, and even Litecoin are all decent choices in this regard.

    Conclusion

    Wagering on sports using Ethereum is a smart move, especially if you are a tech-savvy punter who uses the perks of cryptocurrencies. Ethereum transactions are reliable, secure, and anonymous. That makes the cryptocurrency a decent sports wagering alternative to fiat currency, and one that you should try out.

    However, when you are choosing your ideal Ethereum gambling provider, you have to be wary of some things. For instance, it is crucial to make sure that the Ether gambling provider has a valid license and holds the latest security certificates.

    Lastly, when you are browsing for that perfect ETH wagering operator, have a look at the sites that I have selected and organised here. They have enticing ETH bonuses and are all tried and tested crypto betting providers. As such, they will halve the time you would spend searching for the best Ethereum wagering site.

    Ethereum Sports Betting FAQ

    • Can I bet on sports using Ethereum (ETH)?

      Yes, you can. Most sportsbooks that accept cryptocurrencies such as Bitcoin allow Ethereum transactions as well.

    • Are there any legit Ethereum sports betting sites?

      Yes, there are. There are a lot of Ethereum wagering sites, and you only need to find the ones that work for you. BettingRex is a great place to start your Ethereum wagering search as I have reviewed some of the most popular crypto gambling sites out there.

    • Does Ethereum have a future in betting?

      Ethereum is one of the fastest rising cryptocurrencies. As such, it has a very bright future and is an ideal betting alternative to FIAT.