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Enjoy Safe and Private Gameplay at Ethereum Casinos
Problems such as delay in payment, unsecured transactions, and lack of privacy have been ongoing problems with online casinos. Players in crypto gambling would love to see these problems resolved to enhance their experience in these casinos. And this brings Ethereum gambling into the scene. Ethereum is a blockchain platform with its currency known as Ether or Ethereum (ETH). Bringing on board, a cryptocurrency like Ethereum improves upon many problems raging in the online casino accepting fiat currencies.
On this page, we will make an in-depth view of Ethereum casinos, the best ones among them, and everything else related to this cryptocurrency. Our goal is to make people familiar with Ethereum in gambling and how they can make the best use of it in an online casino. So, without further ado, let us proceed.
Find 11 Best Ethereum Gambling Websites list updated in January 2022
Many online casinos accept Ethereum as their payment method. Some of the top names among them are as follows:
Get all the benefits of the BSC Blockchain by playing casino
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Instant deposits and withdrawals
A wide range of casino games with the highest RTPs
5 Cryptocurrencies accepted
Crypto focused gambling platform
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Provably Fair Games
Thrilling welcome bonus package
Extensive catalog of casino games including live dealer tables
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45+ cryptocurrencies with instant withdrawals
What Is Ethereum Crypto?
Ever since Bitcoin hit the scene in 2009, the technology and concept of cryptocurrency kept on evolving. Its most fruitful result came in 2015 when Ethereum launched its cryptocurrency, Ether. Like Bitcoin, Ethereum uses blockchain technology to create its computing platform, which is decentralized in nature. Ethereum’s blockchain is a public ledger that records all the transactions via Ether. While Ethereum works more or less similar to other cryptocurrencies, the one significant advantage over Bitcoin is speed. While Bitcoin can take minutes to complete a transaction, with Ethereum, the process takes some 15 seconds or so.
Ethereum has gained the momentum of the crypto market, and in a matter of 6 years, it has become the second-largest cryptocurrency, in terms of market value, following Bitcoin. Due to its growing popularity, many crypto casinos accept Ethereum or Ether as payment methods. Some casinos offer you special packages just for using Ethereum as your preferred payment option. The value of Ethereum comes from the fact that it offers features that online casinos need, like fast transactions, minimal processing fees, and providing security and anonymity to the players. Ethereum is one of the best cryptocurrencies you can use in any crypto casino featured on the site, with features.
How to Choose an Ethereum Casino Online?
There are numerous Ethereum casinos on the internet with various offers and features. But the critical question is which Ethereum casino you should go for. The best way to make a fine choice is by searching for certain factors available in an online casino. They are as follows:
The Casino Brand
Some online crypto casinos like BitStarz go by their good name. Players are attracted to branded casinos because they guarantee players of complete satisfaction from all fronts. On the flip side, some casinos are not as popular. If given a choice, you should always go for the name that has gained a name for itself.
Payment Options
If you are looking for an Ethereum casino, it goes without saying that the casino you picked should support this payment option. But if you are more open to the payment options where you can play with more than one choice, then having many payment methods is essential, and this will clear you from sheer reliance on a single payment facility.
Customer Service
A casino’s customer support team cannot do much about it when it comes to cryptocurrencies. The simple reason behind this is the decentralized nature of cryptocurrencies keeps them beyond the supervision of any currency. But even so, there are other problems that you might face in an online casino. For such scenarios, having a quality customer support team is indispensable. Features like live chat support must be present so that you can resolve your query as soon as possible.
License
The best way to decide if an online casino is a safe platform or not is to go through the licensing it has got. There are different regulatory bodies for online casinos like Malta Gaming Authority, United Kingdom Gambling Commission, Curacao eGaming, and Alderney Gambling Control Commission. For an online casino to be legally operating, it must get itself licensed from one of these authorities. By getting licensed, the casino has to follow the norms and regulations provided by these authorities. This will ensure fair play and transparency in the game. If you find an online casino that is not licensed, it is best to steer clear of such platforms.
Feedback from Customers
One of the easiest ways to pick an Ethereum online casino is to go through the customer reviews of the casino. Players rate from personal experience and focus on practical issues they face on a platform. By their reviews, you will form an idea regarding which online casino to go for. Also, if a casino has got a good review, but the numbers of feedback are pretty low, it is best to look at other factors before making a final decision.
Read Casino Reviews
The most fruitful of all the options is reading online casino reviews. There are some reputed and reliable casino review sites like Cryptogamble.tips. The advantage of reading casino reviews is that they get you covered in different areas of an online casino. From licensing to availability of games to the overall experience, by reading Ethereum casino reviews, you get a proxy or secondary experience of the casino you are reading about.
Availability of Games
Crypto casinos, just like traditional online casinos, are all about winning money. But to do so, players focus on specific games to gamble on. These games could be anything and might not be available at Ethereum casinos. Hence, while picking an Ethereum casino, choosing the platform where your desired games are available to bet is crucial.
Ethereum Bonuses
The best gambling websites are the ones that offer exciting bonus offers but by being within the limits of Responsible Gambling. Therefore, you should look for online casinos where you can get specific bonus offers on your Ether.
How Does Ethereum Gambling Work?
Here’s a video tutorial to help you understand how to gamble using Ethereum.
Casino Games That Can be Played with Ethereum
There are numerous crypto games that you can play with the help of Ethereum. Some of them are as follows:
Crypto Games
There are many crypto games like Dice, Mine, and Crash real money games available at crypto casinos. The specialty of crypto games is that, just like cryptocurrency, they use blockchain technology. Also, these games are backed by provably fair technology that ensures that the operators and the games are transparent in their activities. The games can only be played using cryptocurrencies. The advantage crypto games give over other games is that they are relatively safe (owing to provably fair) and maintain the anonymity of the players without divulging their identity.
Live Casino
Live casino crypto is the closest virtual equivalent of a land casino. In this version, you can play casino games against a live dealer who happens to be on the other side of the screen. You can use currencies like Ethereum to place bets, and the live dealer will keep you entertained throughout the game. These live games are shot at gaming studios with modern technological equipment, which is why they render such high-quality graphics and resolution. Even though the live dealer is present, the games run on Random Number Generator (RNG) technology.
Slot Machines
Bitcoin Slots are the most popular type of game in an online casino. Many crypto casinos have slots with high RTP, and some provably fair slots have an RTP of 99% or above. The gameplay of the slots is pretty simple: place your crypto bet on your favorite slot and spin the reels. As the gameplay in slot machines is more or less similar, their paramount diversity lies in the themes and designs where you can find slots influenced by different movies, books, games, and T.V. shows.
Classic Table Games
Apart from slots, table games are also quite popular in online casinos. Blackjack remains the most popular table game in casinos, both hybrid, and crypto. If you are good at cards, you will likely be able to play most of the table games. Betting Ethereum on table games is nothing different from betting using fiat currencies. Just place the bet, keeping in mind the minimum bet, and you are good to go for it. You can try other options are Baccarat, Faro, Let it Ride, etc.
Betting on Sports and eSports
When it comes to crypto sportsbooks, casinos are not lagging in them either. Several crypto casinos have a dedicated sportsbook section where you can bet via Ethereum or any other cryptocurrency. Sports betting enjoys considerable demand in different parts of the world. Almost every major sport is present in a sportsbook, including football, cricket, tennis, basketball, wrestling, and hockey.
eSports is gradually making its name in the online world, and crypto casinos quickly realize it. You can find casinos where you can use Ethereum, Bitcoin, Litecoin, and other cryptocurrencies to bet on esports.
Ethereum Online Casino Deposits and Withdrawal
Making deposits using Ethereum is pretty simple. To make a deposit, you have to follow the simple steps below.
Step 1: Get an Online Wallet
To purchase Ethereum, you first have to create an online wallet, and there are many online wallet providers like Electrum and Loafwallet. You can store your cryptocurrency in the online wallet and make payments and deposits from here.
Step 2: Buy Ether from Crypto Exchange
Once you have created an online crypto wallet, the next step would be to go to crypto exchanges like Coinbase, Kraken, Bitstamp, etc. You can buy Ether using fiat currency equivalent to the crypto-coin value. The Ethers you purchase will add to your crypto wallet and become ready to use.
Step 3: Make a Deposit
Once you have enough Ethereum in your wallet, you can pick up a casino from the list we shared before. Once done, make a deposit and start playing.
Like the deposit method, the withdrawal method is equally easy to follow:
Step 1: Fulfil the Requirements
Before you make a withdrawal, it is essential to use your bonus offers to the full. Keep an eye on the wagering requirements as well. You cannot withdraw your money unless you have fulfilled your bonus’s wagering and other rollover requirements.
Step 2: Make a Withdrawal
Go to the cashier page of the online casino and select Ethereum as your preferred wallet withdrawal option. Now, transfer funds to your Ethereum wallet, and you can convert these funds into fiat currency as well.
Step 3: Wait and Enjoy
The crypto casinos usually transfer the Ethers to a crypto wallet within 24 hours. Just wait for the stipulated period, and the funds will be in your account. Enjoy your rewards!
Benefits of Ethereum Gambling
There are several advantages of using Ethereum as a payment option in online casinos. They are as follows:
Financial Privacy
You do not have to share your banking information with the casino in crypto casinos, which keeps your financial information safe. By using Ethereum, you do not have to fret over the misuse of your account information as no such data is registered with the casino. Yes, there will be transaction details, but apart from that, the casino cannot access anything else from your crypto wallet.
Low Fees
The top advantage of using Ethereum or any cryptocurrency is that the processing fee becomes much lower than fiat currency. With Ethereum, you get an added advantage. The transaction speed of Ethereum is much faster than that of Bitcoin. As a result, Ethereum can handle more transactions in a given amount of time than Bitcoin. This makes the transaction and processing fee of Ethereum even lower than Bitcoin.
Play from Anywhere
You can play on Ethereum casinos from any device and from anywhere. Since your crypto wallet does not contain your personal information, there cannot be any breach of your privacy. Just visit any online casino that accepts cryptocurrency from any device: laptop, tablet, or mobile phone, and start playing immediately. Playing with Ethereum will enhance your gameplay with fast transactions backed by the Ethereum network.
Fast Transactions
While deposit does not take long in an online casino, there is always an issue with the withdrawal period. In many cases, the average time it takes for a withdrawal is 2-5 days. This is an area where players would want to speed up things. With the arrival of Ethereum, there has been significant improvement in the withdrawal period, and now players can get the withdrawal amount within 24 hours.
Massive Bonuses
Many people believe that traditional casinos provide better bonus offers because they deal in fiat currency. But this is nothing more than a myth. In crypto casinos, especially those that prefer Ether as the payment method, give massive bonus offers. You can even get 300% or more as a welcome bonus in some casinos.
Drawbacks of Using Ethereum
Nothing is inch-perfect, and the same goes with Ethereum. There are some downsides to using this cryptocurrency, and they are as follows:
Lack of Regulation
Ethereum is a cryptocurrency and cannot be regulated by anyone. This is the nature of cryptocurrencies that no one can keep a tab on because of their decentralized operation. Ethereum operates without the jurisdiction of central banks, government, or any other regulatory bodies or institutions. While it can provide players with privacy, cryptocurrency can also be used for illegal activities. And there have been several cases where criminal activities are carried out through cryptocurrency.
No Chargebacks
Another problem of not having a central authority over Ethereum is that it can cause a problem during chargebacks. In the case of fiat currency, online casinos contact the respective bank from which the transaction was made, and the issue is raised. After the requisite verification processes are complete, you could get your chargeback in your bank account. But cryptocurrencies like Ethereum have no such authority whom you or the casino can contact for chargebacks.
Price Volatility
Price volatility is always high in cryptocurrencies. The value of Ether today can significantly go up or down in the following weeks. As such, it is difficult to predict the value of this currency. While using Ether in an online casino, you should keep in mind that your winning amount can drop down radically (or rise high) depending on the value at your withdrawal.
Ethereum vs Bitcoin Gambling
- Speed: Ethereum takes 16 sections to process a transaction, whereas Bitcoin can take up to 10 mins.
- Security: Bitcoin has fairly decent security, but Ethereum’s security is quite tight.
- Transaction Fee: Ethereum has a cheaper transaction fee compared to Bitcoin.
- Games: Ethereum specific games are powered by smart contracts, whereas Bitcoin has provably fair games.
- Popularity: Bitcoin is the most popular cryptocurrency out there. It is followed by Ethereum.
Related Casinos by Cryptocurrencies
Dash Gambling
Launched in 2014, Dash was initially known as Xcoin or Darkcoin, and it was renamed Dash in the following year. Dash operates by using master nodes that register transactions on its network. Privacy is highly valued in Dash, and it is dubbed as one of the most secure cryptocurrencies out there. The transaction speed of Dash in an online casino is fast, and the processing fee is low. However, only a few crypto casinos use Dash; find the top dash casinos here.
Dogecoin
Dogecoin has risen in significant popularity ever since Elon Musk promoted it in his social media handle. This Shiba Inu dog-icon cryptocurrency was initially launched as a fake currency to jest the ongoing trend of cryptocurrency. But after Musk’s backing, it soared to fame and now holds over $85 billion market value. The highlighting point about Dogecoin is that it allows for unlimited mining. Many crypto casinos accept Dogecoin; you can see and read more about dogecoin casinos here.
Litecoin
Litecoin was created by Charlie Lee and was officially launched in 2011. Litecoin came up as a direct competitor to Bitcoin. It more or less uses the same technology as Bitcoin. But the significant difference in its operation is that it processes the transaction at a much faster rate. But since Litecoin has not achieved market stability as well as Bitcoin has, its volatility is much higher than that of Bitcoin. It is also less popular among people in online casinos. Check our top-rated Litecoin casinos here.
Bitcoin
The journey of cryptocurrency started side by side with Bitcoin. Launched in 2009, Bitcoin was the first cryptocurrency to grace the market. Presently, it holds the highest market value among other cryptocurrencies. But due to the large numbers of people joining it with each passing year, Bitcoin is facing scalability issues. Its speed has slowed down and can take up to 10 mins to process a single transaction. It is still the most popular cryptocurrency for online casinos; find the best bitcoin gambling sites here.
Monero Gambling
Monero is an open-source cryptocurrency that uses X.M.R. as its token. Monero keeps the users’ data secure by using the technology of ring signatures. Different transaction inputs are combined in a ring signature, which makes it difficult for anyone to trace a single payment address. While it is not as popular as Bitcoin or Ethereum, many people use monero in casinos as their preferred payment option.
Bitcoin Cash
Most people confuse Bitcoin Cash with Bitcoin, but the two are different currencies. The Bitcoin Cash works almost in a similar manner to Bitcoin but provides several advantages over its counterpart. The transaction speed is much faster in Bitcoin Cash than Bitcoin, which directly affects their processing fee. That’s why Bitcoin Cash charges a relatively lower fee than Bitcoin. But because it does not enjoy the same popularity and market value as Bitcoin, people prefer Bitcoin in online casinos for gambling. You can always find bitcoin cash casinos here.
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CO-FOUNDER & EXPERT GAMBLER
I always have been a gambler and I will continue to be. I love the excitement that comes with playing any game, especially Dice. I have been in the Gambling industry and I am proud of being part. Check my articles about Crypto Gambling and Crypto Analysis. Contact me at info [@] cryptogamble [dot] tips
