10 Best Ethereum Gambling Sites

Ethereum Gambling vs Traditional Online Gambling

We’re living in a digital age with quite a decent number of crypto gambling options. 

These days, Ethereum gambling has more to offer than traditional online gambling. But there are also a few drawbacks you should know about.

Let’s examine the main pros and cons of Ethereum gambling.
 

Benefits of Ethereum Gambling

The benefits of Ethereum gambling are all thanks to innovations in crypto: financial privacy, low fees, fast payouts, and more.

Let’s take a look at these concrete benefits.
 

1. Financial privacy

Some Ethereum gambling sites offer full privacy thanks to cryptocurrency payments. Other gambling websites will offer privacy only if you deposit and withdraw Ethereum and other cryptocurrencies. 

Such financial privacy keeps your activities hidden from your banks, credit rating agencies, and let’s be honest, your spouse/husband too. Thus, financial privacy with Ethereum gambling equals financial freedom.
 

2. Low fees

Traditional gambling sites can burden you with heavy fees: credit card fees, deposit and withdrawal fees, etc.

Online gambling sites accepting Ethereum have a strong advantage here. Transferring Ethereum and other cryptocurrencies saves a lot of money and time when compared to other options.

 
3. Play from anywhere

The gambling industry is under strict regulations. 

Gambling sites must obtain licenses for each country, pay fees, taxes and report suspicious activities to each of them, etc. If you are from one of the restricted countries, traditional gambling sites will not allow you to gamble because of where your credit card or bank transfer is coming from.

But with Ethereum gambling deposits and withdrawals can come from anywhere. This allows some of them to operate anonymously and accept players worldwide (at least when they use a VPN).

Reminder: some gambling websites will accept your deposits but withhold withdrawals once they notice you’re from a restricted country. Always read each casino’s terms and conditions before playing.
 

4. Bigger, better bonuses

Best Ethereum gambling sites generally offer better, bigger, and more frequent bonuses than traditional gambling sites. Why? 

This is due to the fact that cryptocurrency helps them save money on deposit and payout fees, chargeback fees, and more.

They then pass on some of these savings to you in the form of frequent bonuses and promotions. 

Good for everyone.
 

Drawbacks of Ethereum Gambling

1. Lack of regulation. Crypto is so new that there is little regulation that surrounds it. 

2. ​No chargebacks. You can’t get your money back if the gambling site you choose decides not to pay.

3. ETH price volatility. You might make winning bets, but if Ethereum's price drops, your win might become a loss.

In the end, it’s up to you to decide if the benefits of gambling with Ethereum outweigh the drawbacks. 

How To Start With Ethereum Gambling?

As you can see, ETH gambling has lots of benefits for casual players as well as for those with years of gambling experience.

To get started, you’ll need some Ethereum cash. Here are the best places to top up your online Ethereum wallet. The reason why we recommend these exchanges for online Ethereum gambling is that they have no policy against the use of their website for gambling purposes, as opposed to most crypto exchanges out there.

 
For more information about your options, visit this page.
 

How to Select The Right Ethereum Gambling Site?

A great Ethereum gambling site may not necessarily be the best for you and your specific location, financial situation, and other specific reasons.

You might need specific factors to make your experience enjoyable or even possible.

Consider these factors below to determine what you’re looking for. Write down your answers and weigh each result. 

Which factor is more important to you, and why? Take time to plan and then register for your top three Ethereum gambling sites. Experiment with them before settling on one or two.
 

1. Restricted Countries

The first and most important factor when considering the best ETH gambling site is if you can even use it to gamble. 

If you’re a US-based customer, then you’ve seen why your best option is BetOnline. They proved themselves to be one of the best legal Ethereum gambling sites for US residents.

Of course, players from around the world can experience BetOnline’s wide selection of Ethereum gambling fun: from sports betting to eSports betting to poker to casino games.

But US residents will be particularly pleased to log in to Betonline and play the numerous games and betting options it gives.  

Other gambling sites accepting Ethereum, like Stake, are better for residents of the UK, EU, or other worldwide countries where Stake has legal rights to operate. 

So be sure to check that first, and then go have fun!
 

2. Reputation and Trust

After you’ve found the best Ethereum gambling site that is legal for you to play in your area, you should follow up by considering the site's reputation.

mBit and BitStarz, for example, are fully licensed under the laws and regulations of Curacao. In fact, that’s the case for most Ethereum gambling sites. 

When looking into their reputation, ask yourself how these cryptocurrency gambling sites resolve public disputes, how they communicate on public forums, and what people say and write about them.
 

Of course, I already researched the reputation of each ETH gambling site I listed -- so that you don’t have to do it yourself.

Also, take into account how long each site has been operating. 

Ethereum gambling sites that have been around for longer show that they have a good enough reputation to keep people coming back and that they care for their customers. 

Betonline, for example, has been around since 2004. That’s two decades of reputation building.

The other Ethereum gambling sites on my list have only been around since 2014 or later. 

They’re younger, but they make up for it with strong customer service and great promotions as they try to win customers.
 

3. Probably fair

Provably fair gambling sites will show how they use a cryptographic method which ensures that neither the casino nor the player can know the outcome of the game until the moment it starts. Then, after the game is over, you can verify that it was all fair. 
Provably fair games are a very important aspect of making sure you are not being cheated out of your money.

BitStarz, Trustdice, and Trueflip also take their reputation a step further by keeping most of their gambling games provably fair.
 

4. Games Variety & Quality

Until now, we’ve discussed the practical factors that go into choosing the right Ethereum gambling site. But let’s not forget about the fun factors too!

If you’re a gambling purest who wants to focus on the classics, then you can’t go wrong with Stake. They offer all the basic games as well as 16 exclusive table games of their own. The games are quite fun and fair, so you can relax and gamble!

If you prefer variety, then BitStarz is the way to go for you to gamble with Ethereum since they have over 2,200 games! You’ll never get bored!
 

5. Sports, Lines, and Odds Available [Sports]

While most Ethereum sports gambling sites offer similar sports, some of them offer exclusive sports to bet on. 

But, to be fair, it’s rare to find exclusive sports available for betting on any sportsbook, these days, since top Ethereum gambling sites know which sports people want to bet on.

(Exception made to Thunderpick, which offers exclusive eSports to bet on.)

However, not all ETH gambling sites and sportsbooks offer the same depth of lines and odds competitiveness for each event.

Stake and Sportsbet both have a clear advantage compared to other Ethereum sports gambling sites because they offer a depth of lines, competitive odds, and a great variety of sports. 
 

6. Pool of Players and Difficulty [Poker]

Major poker rooms like Pokerstars and Partypoker do not accept crypto deposits. 

Unless, of course, you are ready to use one of the intermediaries they work with to convert your crypto into fiat (and pay high fees for doing so). 

Therefore, if you want to play poker with Ethereum, you need to seek poker rooms that accept gambling with Ethereum directly. 

You won’t have many choices and so, for most people, BetOnline and Ignition are the top Ethereum gambling sites when it comes to poker. 

These poker rooms manage to have decent pools of players and guaranteed tournaments. 

Plus, the level of games is ridiculously easy compared to major poker sites.

Nitrogen is also an option if you like to play anonymously. 

However, you’ll not have much fun if you like to play middle-stakes or high-stakes games because you may not find any opponent.
 

7. Payout and Withdraw Speeds & Terms

Once you’ve selected a platform you trust to gamble with Ethereum, make sure it has the payout speeds and terms you need. 

Stake and mBit offer super quick withdrawals. This way, if you win big, you can cash out your profits right then and there. This helps if Ethereum is fluctuating, so you can cash out to real money or stable coins without risking losing value.

Keep in mind, though, that some ETH gambling sites may put a cap on your maximum weekly withdrawal.

If that happens, and if the site you chose is trustworthy, you can relax and withdraw the maximum amount allowed each week until all your money is withdrawn.

Do keep in mind that Ethereum values fluctuate. 

So if you win big and are restricted to one withdrawal a week, by the time you withdraw everything, Ethereum may have made it worth less (or more) than it was at the time of you winning big.  
 

8. Bonuses & VIP Programs

If you’re the kind of person who enjoys a good time at an Ethereum gambling site, then an important factor for you is to select one with a great VIP program and lots of entertaining bonuses.

Stake’s VIP program is excellent. You can check yourself how amazing their VIP program is and realize why they often appear at the very top of our list of Ethereum gambling sites.
 

BitStarz also keeps things fresh and exciting by offering new contests and bonuses for their VIP customers on a regular basis.

They’ve been running contests to win a Tesla Model 3, a trip to Tokyo, and the Olympics there. 

Every Wednesday, they also offer free spins to their loyal players.  

If you’re a newcomer to Ethereum gambling who just wants to test the waters, then BetOnline offers some of the best welcome bonuses:

They offer a 100% Welcome Bonus where you get your first THREE deposits matched 100% from $25 all the way up to $1,000. 

So if you deposit a total of $3,000 over three separate deposits -- they will match that with an additional $3,000 deposit bonus!

More Awesome Resources: 
 

• The 10 Best Ethereum Casinos

• The 10 Best Ethereum Betting Sites

• Should You Buy Ethereum?

• What's The Future For Ethereum?