Sportsbooks That Accept Ethereum
Ethereum as a deposit method for sportsbooks can be a very convenient form of getting money into your sports betting account. Ethereum is a form of cryptocurrency much like the widely popular Bitcoin. While almost all sports betting sites accept cryptocurrency as a payment method, you’ll be hard-pressed to find as many that accept Ethereum as they do Bitcoin. Ethereum has less than five years under its belt for being used as a form of cryptocurrency which is why it can be difficult to find a sportsbook that accepts it. While it’s a hard task, it is not impossible. Ethereum is growing in popularity and sports betting sites have taken notice.
This page will list a few of the most reputable internet sportsbooks that accept Ethereum. These sports betting websites will have short reviews for bettors to make informed decisions on whether or not to join them. This page will also go over what Ethereum is and a few details about the up and coming cryptocurrency. In terms of what they have to offer, they mirror that of the grandfather of all cryptocurrency, Bitcoin. But with sports wagering websites slowly adding cryptocurrency as a form of depositing, coins like Ethereum are becoming more valuable.
Online Sportsbooks Accepting Ethereum
|Ethereum Sportsbooks||New U.S. Player Bonus||Go To U.S. Betting Site|
|Review||50% Up To $250|
|Review||50% Up To $1,000 NEW!|
|Review||50% New Member Bonus!|
|Review||100% Up To $300|
|Review||50% Up To $1,000 NEW!|
NFL Betting Through Ethereum
The NFL is one of the biggest leagues for online sports betting, and Ethereum is a trustworthy cryptocurrency, that has become of the most popular digital currencies in the US. When depositing with Ethereum, bettors can start wagering on the NFL offseason, regular season, playoffs, and the Super Bowl.
It is never too early to bet on the NFL, with online sportsbooks having odds for every teams projected winning totals and odds for which teams will make the playoffs. There are also giant sections for future betting, with current odds for all of the favorites, underdogs, and every team in between to win each division, conference, and the Super Bowl. With the Buffalo Bills being the preseason favorite to win the 2022-2023 championship, Ethereum allows bettors to quickly deposit funds into their online book of choice, and start the betting process.
Benefits Of Using Ethereum To Deposit At Online Sportsbooks
Instant Deposits - Ethereum is among the fastest deposit methods at any online sportsbook that accepts it - even faster than other cryptos. Deposits are often instantaneous.
No Fees - ETH does not have any fees applied on it by the sportsbooks that take it, so you can easily deposit and withdraw without worrying about losing a chunk of change.
Speedy Withdrawals - Ethereum is a fast withdrawal method that allows players to get their money within seconds of making a withdrawal at an ETC online sportsbooks.
Drawbacks Of Using Ethereum To Deposit At Online Sportsbooks
Less Widespread Than BTC - While every offshore sportsbook accepts Bitcoin for both deposits and withdrawals, some do not accept ETH for withdrawals.
Value Fluctuates - Like other cryptocurrencies, Ethereum fluctuates in value. However, the speed at which it operates makes it unlikely for this to matter too much.
Ethereum vs. Bitcoin
Ethereum and Bitcoin are both forms of cryptocurrency that are used by sports betting websites. They are highly similar when compared to one another as they both offer customers high security and anonymity when making transactions. Also, they both are free to use and allow for the highest maximums for both deposits and withdrawals with the quickest processing times. As for how Bitcoin would win in the faceoff, it is due to the variety of sites that only focus on Bitcoin rather than additional cryptocurrencies like Ethereum.
Bitcoin is known all over while Ethereum is just starting out. People would rather go with a cryptocurrency that is accepted everywhere and has made a name for itself. Ethereum can do that in the future and compete on a balanced playing field with Bitcoin but for now, Bitcoin reigns supreme. Cryptocurrencies themselves have price volatility which is something customers could see as a pitfall. Its value is constantly changing and that’s a scary thought for people looking for a stable form of currency.
What Do I Do If My Ethereum Deposit Is Declined?
Another great reason to use cryptocurrency like Ethereum is the lack of hassle when it comes to deposits being declined. Since it is all done with the use of technology, there is no worry of an institution like a bank or credit card company declining the transaction. This is why many users of cryptocurrency like Ethereum and Bitcoin choose to use them in the first place. Having to go through the problems of being declined when the money is there is an annoyance that is easily avoidable through the use of Ethereum or other cryptocurrencies accepted by sportsbooks.
Using Ethereum At Online Sportsbooks
Ethereum can be used at many of the major online sportsbooks, as long as those sportsbooks are offshore sportsbooks. None of the state-regulated online sportsbooks can accept ETH as a method of payment, which is a shame, since Ethereum offers some serious benefits for people who use it to deposit at online sportsbooks. These benefits include extremely fast transfer times, excellent deposit bonuses, and great safety features.
Best Ethereum Sportsbooks
Ethereum can only be used at sportsbooks that are regulated outside of the US, but US customers can still use these sportsbooks with ease. This is because they are available over the internet. Ethereum sportsbooks include big names like Bovada and BetOnline. Ethereum deposits are the fastest deposits at almost all of these sportsbooks, and Ethereum withdrawals are available at many of them as well, and are quite speedy in their own right.
The Best Online Sportsbook For Betting With Ethereum
Bovada offers Ethereum deposits in the range of $50 to $5,000, and their low deposit limits allow these deposits to be the single fastest option on their sportsbook. Bovada’s Ethereum deposits take less than 30 seconds to complete, which is far faster than other cryptocurrency options. They’re an easy, safe and fast way to get your money into Bovada’s award winning online sportsbook.
Ethereum usage at BetOnline allows bettors to deposit enormous sums of money - as much as $100,000 in one go! In exchange, deposit times can take longer for bigger amounts, as BetOnline claims that all deposits, no matter how large, will be processed in under two hours. The smaller deposit are processed nearly instantly, which helps bettors get started at BetOnline with ease.
Bonuses On Bonuses!
Crypto-Friendly Sports Betting
An outstanding online sportsbook, MyBookie offers a variable level of ETH deposit options for players, depending on their customer level. The top end of the range is $10,000, which is a fairly solid amount in the context of MyBookie’s casual friendly business model. The minimum deposit at MyBookie is $20.00 in ETH.
Safe Ethereum Deposits
How To Deposit With Ethereum At Online Sportsbooks
Step 1: Get An Ethereum Wallet
The first step for depositing in ETH is to acquire a wallet that holds it. These wallets tend to be a bit more specialized as ETH wallets are less common than BTC wallets. Once you acquire the wallet, make sure to keep your address and password as safe as possible.
Step 2: Purchase ETH On A Crypto Exchange
In order to purchase ETH, you have to visit a crypto exchange. This is as simple as going to any of the major exchanges, buying some ETH, and sending it to your crypto wallet that you set up in Step 1.
Step 3: Send ETH To The Sportsbook
Now that you have ETH in your wallet (after buying it and sending it there in Step 2), you can send it to the sportsbook as a deposit by choosing the Ethereum deposit option on the sportsbook. You will be prompted to enter your wallet address and other information, and to approve the transfer. Then, you just have to wait for the transfer to process.
More About Ethereum Sportsbook Deposits
This page has discussed the different elements of using Ethereum for sportsbook deposits. Below, we will delve a bit deeper into the more detailed parts of using Ethereum to fund your sports betting account. While Bitcoin is the most popular and widely known form of cryptocurrency, Ethereum is slowly climbing the ranks and is said to offer and even better experience than what the Bitcoin community sees.
Ethereum Sportsbook Deposit Fees
Ethereum sportsbook deposits are without fees at most sportsbooks. They are typically completely free for the sports bettor! This is just one of the perks of using cryptocurrency. It does not matter how many transactions you make; you will never be charged a fee. Ethereum is one of the fastest payment methods, is free of charge, and offers the highest security. What’s not to love about this cryptocurrency?
How To Withdraw With Ethereum At Online Sportsbooks
Step 1: Use The Sportsbook You Deposited With And Make Sure It Offers Withdrawals
Not all sportsbooks offer ETH withdrawals. Some that accept ETH deposits still do not offer withdrawals. Among those that do, they only accept ETH withdrawal requests from those that deposited in crypto, from the same wallet. Basically, you have to use the same wallet to deposit and withdraw.
Step 2: Perform The Withdrawal
Once you have made sure that you are using the same wallet you deposited with on a sportsbook that offers ETH withdrawals, you simply fill out the withdrawal options as needed on the online sportsbook and your transfer will be processed ASAP.
Ethereum Sportsbook Withdrawals
Using a cryptocurrency method to fund your account means that you should most certainly be using the same method to make a withdrawal. Ethereum sportsbook withdrawals are easy enough. Simply visit the cashier’s page of your sportsbook and input the information such as the account number for your Ethereum wallet as well as the amount of money you wish to take out. There are no fees to make withdrawals using the Ethereum service. The money will be in your wallet within 48 hours of your request. Ethereum offers the highest maximum payouts across a variety of sports betting websites. Be sure to check your sportsbook to see where the maximum is set.
Note: When wanting to make a withdrawal with Ethereum, you must have made your deposits with them. Deposits and withdrawals are typically done by the same entity if the sportsbook uses them for both deposits and withdrawals. Ethereum deposits would equate to Ethereum withdrawals.
|$10||No Limit||0%||Less than 24 Hours|
|$200||$100,000.00||0%||Less than 48 Hours|
|$50.00||$5,000.00||0%||Less than 48 Hours|
|$20.00||$100,000.00||0%||Less than 48 Hours|
Betting On College Football With ETH
If you want to bet on college football with ETH, you need to find an international sportsbook that takes ETH. Luckily for you, the best college football sportsbooks on the planet take ETH. Sportsbooks like Bovada and MyBookie are easily able to offer college football betting in all its forms with ETH deposits and withdrawals available.
The major reason that these sportsbooks are the best college football sportsbooks on the planet is their international location. While some will point to their bonuses, instant transfers and lack of fees, their international location is their secret weapon. Why? Well, sports bettors overwhelmingly favor hometown teams, and some states limit the amount of prop bets you can place.
The first situation that hometown sportsbooks have to account for this bias by giving those teams shorter odds to win. In turn, this makes local markets the worst place to bet on local teams. Betting on the Wolverines at a Michigan sportsbook means you’re likely losing some value on that line, because so many other people in the state are doing so. International sportsbooks do not have this issue. In addition, many states limit sports betting on college athletics, but international sportsbooks have no such limitations, so you can always know you get all the available prop betting. Bonuses, fast transfers and no fees are great, but you cannot beat getting more and better odds on local teams.
Transaction Time For Ethereum Sportsbook Transfers
If your US online sportsbook accepts Ethereum, transferring deposits into your account is instant. There are no fees to transfer money into your sportsbook account either. The method of cryptocurrency is highly effective and fast. Even when a sports bettor is looking for a payout, it is also free or has the lowest fee of any other option and takes as little as 24 hours to make a withdrawal and as long as 48 hours. These processing times are still a lot faster than any other method available by sports wagering sites.
Pros And Cons Of Ethereum Sports Betting
Ethereum Sports Betting Props
- No transaction fees
- Fast processing times
- Bigger welcome bonuses
- Friendly deposit and withdrawal limits
Ethereum Sports Betting Cons
- Always have to use third party to make transactions (crypto wallet)
- Not all online sportsbooks let you bet with Ethereum
Ethereum Wallets Compatible With Online Sportsbooks
Luckily for those that are looking to bet on sports with Ethereum, all of the online betting sites that accept it are compatible with several different crypto wallets that you can easily link to your accounts. These wallets also add an extra safety measure to the process as they have similar backend encryptions to protect your funds similar to how the betting sites have on theirs to protect their servers. Some of the most popular Ethereum wallets that you can link to your betting accounts are:
- Coinbase Wallet
- Ledger Nano
Mobile Sports Betting With Ethereum
You have the ability to bet on sports with Ethereum all from your phone or any other mobile device that has internet access. The great thing about the devices that let you access online betting sites from them is that they can all download apps for your Ethereum wallets that way you can link your wallet to your betting account all from your device. As for accessing the sportsbooks, all you need to do is enter the sites URL and you can log into your account like you would on a desktop or laptop computer.
- Google Pixel
- Samsung Galaxy
Sportsbook Security - Keeping Your Ethereum Account Safe
One of the greatest things about using cryptocurrency like Ethereum is the sheer amount of security that comes with it. No personal financial information has to be given to sportsbooks when using Ethereum. Using a cryptocurrency wallet as you would with Bitcoin, you can transfer funds with the number that’s given to you upon signup for the service. There are no vital pieces of information that could be hacked or stolen because the user does not have to input any. Ethereum is a highly secure form of a deposit to use with your sportsbook account. You can also change your wallet address after any transaction, giving sports bettors the ultimate assurance.
Betting On The NBA With Ethereum
With the 2021-2022 NBA season ending with the Golden State Warriors re-claiming the National Title, and Steph Curry finally winning his first Finals MVP award, there were plenty of opportunities for bettors to place wagers though online sportsbooks. Using Ethereum, bettors can make secure deposits with quick processing times, wasting no time betting on NBA action for the future.
One of the greatest aspects of these online sportsbooks, is that there are odds to bet NBA not just during the regular season and playoffs, but also during the Summer League, and the offseason. For example, when Kevin Durant requested a trade from the Brooklyn Nets, online sportsbooks generated prop bets for which team he will be playing for in the 2022-2023 season.
Ethereum deposit bonuses come in two main forms: first time deposit bonuses and redeposit bonuses. First time deposit bonuses are often much larger and come with higher percentage matches. Key factors to look for in Ethereum bonuses include maximum value, percent matched by the sportsbook, and the rollover. Depending on the sports betting site, the bonuses will be available via opt in button or it may be simply auto apply unless the user specifically opts out. The main reason sports bettors opt out of their Ethereum bonus is because of the rollover. The rollover dictates how many times the entire bankroll must be bet through completely, while opting out typically means the bankroll must only be bet through once to withdraw.
Ethereum First Deposit Bonuses
|Sportsbook||Maximum Value||Match Percentage||Minimum Deposit||Rollover|
Ethereum Reload Bonuses
|Sportsbook||Maximum Value||Match Percentage||Minimum Deposit||Rollover|