Ethereum esports betting sites accept a native coin known as ETH (Ether) as a payment method. Ethereum is the second-most popular cryptocurrency in the world after bitcoin. Despite its similarity to bitcoin, it works very differently. The result for the user is that Ethereum betting site transactions are cheaper and much faster, while retaining the concepts of blockchain technology.
When it comes to esports betting, more and more sites have started to accept Ethereum as a payment method. Before diving straight into Ethereum (ETH), you should check whether the Ethereum esports betting site you have chosen is a legal option in your jurisdiction.
Legality and regulations are essential criteria to consider in Ethereum esports betting. It is important to understand that every esports betting platform is different; some are regulated and have licensed operators, and some are not.
Best Ethereum betting sites
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Top Ethereum betting sites 2023
The best Ethereum esports betting sites let players deposit, wager, and withdraw funds anonymously. Ethereum is a relatively new payment system; therefore, not every esports betting site will accept it and many places around the world do not allow it as a bookie payment method. Below are the top Ethereum eSports betting sites:
GG Bet is among the best Ethereum betting sites for esports fans. Here, you will get to enjoy an incredible collection of player promotions available throughout the year. Apart from that, the iGaming Ethereum operator offers a number of exciting esports titles. So, you will get to play titles like Dota 2, League of Legends, and Counter-Strike, to name a few. Read our GG.Bet review for more.
The best Ethereum betting apps
Ethereum betting sites have made online wagering more accessible than ever. Many of the top esports betting sites have started offering responsive websites alongside their apps, which are easily accessible via mobile, both on Android and iOS.
Because Ethereum betting apps are generally based in places like Curacao, rather than places with heavily regulated gambling like the UK, you are unlikely to find iOS betting apps for this cryptocurrency. However, many Android betting apps will allow you to fund your account with Ethereum.
Android Ethereum betting apps are much more common because people can download these types of apps, which are commonly found on Huawai and Samsung smartphones, directly from gambling operators.
How to bet on esports with Ethereum
Ethereum esports betting is very simple, even for people who have never used cryptocurrencies before for gambling.
Follow our step-by-step process for depositing using Ethereum at any of your favourite bookies.
- Step 1: Choose a bookmaker that accepts Ethereum betting and open an account with it by clicking the “Register” or “Join Now” buttons. You are then prompted to enter your email address and password.
- Step 2: Click on the Cashier’s tab and select Deposit. Choose Ethereum from the available payment methods. Follow the casino’s deposit process, which usually involves providing the public keys to your ETH wallet and transferring the funds.
- Step 3: In this step, you must open your ETH wallet. This might be your exchange account, hardware wallet, or mobile wallet.
- Step 4: Wait for the money to reach your account and convert it into USD or EUR. Confirm that your deposit has been received in your ETH wallet.
- Step 5: After receiving the notification that your deposit has been received in your bookie account, you can start betting immediately.
Ethereum betting payment fees
Ethereum bookmaker fees are low compared to most of the popular digital coins around. The blockchain takes a cut whenever you deposit or withdraw funds from your Ethereum esports bookie account. Some esports betting sites pay these fees so clients can deposit and withdraw funds for free.
Most popular games at Ethereum esports betting sites
Is Ethereum a safe payment option at betting sites?
Using Ethereum for esports betting is an extremely desirable option. Ethereum payments are processed quickly and efficiently—usually within just a few minutes and at a minimal cost. Ethereum betting sites are widely recognised as a safe and secure method to fund bookies. Ethereum has a speedy processing time of under 48 hours. The blockchain method gives cryptocurrencies greater anonymity compared to other payment methods.