Ethereum Gambling

ethereum gambling

Ethereum casino gambling & sports betting in 2022

In ancient Greek mythology, «ether» was believed to be the part of the firmament where thunderers, heavenly smiths, envoys of the Sun, and other gleeful figures lived. It is not known whether there is some sort of connection, but, in 2021, the price of ether has risen to unprecedented heights ― higher than skies, gods, and meteors burning out in the atmosphere.

Still, we cannot say that the cryptocurrency has become recognizable only because of this price surge. In fact, the community learned about the Ethereum network long before its deployment in 2015. The thing is that this technology offered a new and amazing concept: smart contracts. It was basically the way to execute the terms of a contract automatically, which would practically eliminate any dishonest conduct.

The gambling industry could not just miss out on such a promising technology. First and foremost, a number of interesting crypto casinos made it possible to gamble with ether.

Ethereum smart contracts have opened new avenues for cryptocurrency gambling, and they are quite intriguing. Below you will find some amusing ideas that may improve one’s typical crypto gambling experience with help of Ethereum. Meanwhile, here are some facts from the history of this outstanding blockchain platform.

Crypto casinos that accept Ethereum payments

The number of casinos accepting ether is just a little bit smaller than that of Bitcoin gambling sites. The full list of ETH casinos where you can play games using ether would take an entire feature. So we will provide here just top 10 casinos with Ethereum games, which have already been recognized by players.

Speaking of Ethereum casinos, we are going to mention sportsbooks as well. Those who like sports betting can place bets using ETH on such websites as Cloudbet, Sportsbet.io, FortuneJack, and many others. Ethereum sportsbooks take bets on all sorts of outcomes — for example, you may bet on whether Leonardo DiCaprio would get another Oscar in the year to come.


Bitcasino.io

Bitcasino is a first-rate gambling site with more than 3,000 casino games from Microgaming, NetEnt, Yggdrasil, Play’n GO, and a few dozen more providers. Besides Ethereum and fiat currencies, this crypto casino accepts Bitcoin, TRON, Litecoin, Tether, Ripple, and Cardano.

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Bitcasino.io is known for specializing in customer loyalty incentives. If you play slots and other casino games using Ethereum, you will be accumulating special points. The number of points determines the loyalty level of a user. Higher levels bring in faster accumulation of points and special rewards with no wagering requirements.

If you plan to play it big in this Ethereum casino, you will likely get an invitation to the Bitcasino VIP club. It is an elite community of high rollers where they get some unique privileges. One of these privileges is being able to contact your personal manager whenever you need.

Bitcasino.io creates unique offers for both high rollers and regular players. The former get tickets to important sporting events, go on trips and receive bonuses routinely. All other users of this ether casino can take advantage of great promotions with jackpots, lotteries, prize pools, and all sorts of rewards.


BitStarz Casino

Few casinos accepting Ethereum can match BitStarz in popularity. It is a modern gambling website with thousands of slot machines and an imposing selection of table games. BitStarz.com allows you to gamble using not only ether, but also Bitcoin, Dogecoin, Litecoin, Bitcoin Cash, and several fiat currencies.

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The list of BitStarz’ Ethereum games includes Provably Fair games as well. The website even has a separate page where you can read more about the provably fair mechanism. If you follow the instructions, you can even check the fairness of gaming outcomes on your own.

There are many reasons why users of BitStarz return to this Ethereum gambling site again and again. They include great customer support, fast payouts, and incredible promotions. Huge prize pools and paid trips are commonplace in this ether casino.

Apart from temporary promotions, Ethereum casino BitStarz allows you to participate in several amazing tournaments. Gambling contests are intended for people that enjoy slots and table games, as well as those who would not mind being the last man standing in a battle royale competition. The prize pools of these tournaments range from €5,000 to €10,000.


mBit Casino

Ethereum casino mBit is another awesome option for those who are looking for the best crypto gambling experience. More than 2,000 casino games along with various bonuses quickly draw the attention of new visitors while other advantages of this ether gambling site win them for good.

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mBit promotions start with 50 free spins no deposit bonus and a huge welcome package. Users of this casino can get up to 5 BTC and 300 free spins on their first three deposits. Later on, they will be able to make use of an additional 50% reload bonus on Fridays, as well as bonuses from temporary promotions.

Other bonuses include daily cashback up to 20% and loyalty program rewards (free spins, reload bonuses, cashback). If you want to play Ethereum games at high stakes, you may take part in mBit Races. In this tournament, users of mBit Casino compete for 6 mBTC every three hours.

One of the great things about this ETH casino is that you can communicate with other players via the chatbox on the right side of the page. You can tell each other about your gaming experiences, share wins and losses, discuss ether gambling strategies, games, Ethereum’s price, and so on.


Winz Casino

Winz Casino welcomes new players with open arms, offering great ether games and unique terms of gambling. There are about thirty themed collections on this website, and this should make it easier to find your favorite casino games. It really improves the navigation as you can find as many as 5,000 casino games on Winz.

winz casino website screens

While Ethereum casino Winz has been known for its low wagering requirements for quite some time, this advantage is now taken to a whole new level. Slots buffs can get up to 300 free spins as part of the welcome bonus package with no wagering requirements at all. These free spins may be yours if you enter the promo code SLOTS.

Furthermore, wagering requirements were rescinded in two other Winz Casino promotions. According to the terms of the Bitcoin Mining Adventure quest, players get free spins and cash prizes which would not expire in seven days like in many other online casinos.

If you prefer games like poker, blackjack, and roulette, you should pay attention to another special Winz promo that has to do with table games and live casino games. With this promo, you will get a weekly 0.5-1% cashback bonus using the promo code TABLES. There are more than 130 table games in this Ethereum casino.


BitcoinCasino.us

BitcoinCasino.us is open for those who like ether gambling in the USA and other corners of the world. On this website, you are going to find a huge selection of casino games from recognized providers. You can make bets in Ethereum, Bitcoin, Bitcoin Cash, Litecoin, and Dogecoin. Customer support and payment processing are up to the mark.

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The welcome package at BitcoinCasino.us makes it possible to get up to 5 BTC as a bonus on your first three deposits on the website. If you make deposits in Ethereum or other currencies, the bonus amount will be equivalent. The maximum bet amount for the bonus money is limited to 0.007 BTC.

If you want, you can get a deposit bonus every day, and it makes this casino stand out among many other ether casinos. Players can use a 30% reload bonus up to 1 BTC from Monday through Thursday while there is also a 50% bonus up to 0.25 BTC from Friday through Sunday.

Regular users of BitcoinCasino.us get a cashback bonus as part of the loyalty program. With enough points, their bonus can be increased up to 10%. It is also quite neat that you will get a 4% bonus even if you have zero points. This ETH casino has a whole section with high roller games. It has slots, blackjack, poker, roulette, and other games with high limits. There are more than 60 games for Ethereum high rollers in this section.


Wolf.bet

Crypto casino Wolf.bet is not especially big and it does not have thousands of games. At the same time, it is a rather original Ethereum gambling site that attracts your attention with several unique features. Besides some popular cryptocurrencies, WolfBet allows you to play casino games while using such altcoins as Ethereum Classic (ETC), Stellar Lumens (XLM), TRON (TRX), Uniswap (UNI), and SushiSwap (SUSHI).

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The Wolf.bet game collection includes only three games: Dice, Limbo, and HiLo. But each of these games was designed specifically for this ETH casino. The important thing is that you can check the outcomes of these games via the Provably Fair mechanism and make sure that they are alright.

Another important feature of WolfBet games is their low house edge, which is only 1%. It means that the users will get 99% of each winning on this website. Many popular casinos have this percentage ranging from 85% to 95%.

The daily tournament with a $1,000 prize pool makes Ethereum gambling even more exciting. Wolf Race automatically counts the money wagered by players and ranks the latter accordingly on the leaderboard. The leaders of the tournament get cash prizes each day.

Besides all that, Wolf.bet allows you to chat with other users in one of the seven language rooms. Mutual sharing of emotions makes losses less bitter while wins become even more wonderful.


FairSpin Casino

FairSpin.io is a crypto casino that offers advanced privacy and security of user data. Each bet and outcome are saved on the blockchain while all personal information is encrypted. Withdrawals do not require extra commission fees or verification.

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The welcome package of Ethereum casino FairSpin consists of 30 free spins for signing up and bonus money with free spins for each of the first four deposits. Each deposit brings in a 75-200% bonus and 30-50 free spins. With a low wagering requirement of 25X, it should be a nice surprise for all crypto casino bonus hunters.

Crypto casino FairSpin gives players back a percentage of the money they spend on Ethereum games. It is 1% per month, 2% per week, and 5% on Thursdays (taking into account the previous three days). VIP users get increased percentages of cashback.

FairSpin.io has a VIP club for high rollers, whose members receive gifts and privileges. Such players are eligible for a cashback bonus of up to 25%, up to 100 free spins per week, triple tournament prizes, and a 100% bonus on each deposit. Besides, there could also be some personal gifts and offers.


BC.game

All those who like to play casino games using ether will enjoy BC Game. There are many promotions and ways to get some free cryptocurrency while meeting and communicating with other gamblers. Crypto casino BC.game is intended for the cryptocurrency community, so fiat currencies are not accepted here. You can make deposits with one of 14 virtual currencies instead.

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The BC Game lobby has about two hundred slots from well-known providers and 16 original games, including dice, roulette, blackjack, keno, and other casino games. Besides, you can use Ethereum to play live casino games as well. They come from such providers as Evolution Gaming, Ezugi, SA Gaming, and Pragmatic Play.

BCGame promotions include bonuses on the first four deposits, the wheel of fortune, promo codes, crypto raindrops, and other interesting offers. There is also a loyalty program where users earn medals as they play Ethereum casino games. You can even come across some special events that involve rewards for completed tasks in ETH games.

BC.game allows you to chat with other players not only in one of fourteen chat rooms but also on a forum. The users boast of their winnings, share useful tips, talk about music and everything else there. Sometimes they even carry out their own crypto giveaways.


FortuneJack Casino

FortuneJack is one of the most popular casinos that accept exclusively cryptocurrencies. Besides Ethereum, you can use Bitcoin, Bitcoin Cash, Litecoin, Dash, Zcash, TRON, Dogecoin, and Monero to play casino games. Crypto casino FortuneJack has some unique features that you will not find on other Ethereum gambling websites.

fortunejack casino website screens

Jackmate Fantasy is one of them. This feature allows you to build your own soccer team by choosing six real-world players and a captain. Then, you will be able to compete for prizes from 0.01 BTC to 1.5 BTC and free bets.

FortuneJack creates separate promotions for both casino gaming and Ethereum sports betting buffs. If you register and verify an account, the casino will grant you 50 free spins with no wagering requirement. FortuneJack also has a loyalty program where you can get up to 10% as a cashback bonus and a 40% deposit bonus up to 2 BTC.

Ethereum games include titles from popular providers and Provably Fair games by Steady Games and Orbital. There are also slots, table games, and games with live dealers from Authentic Gaming, BetGames TV, Evolution Gaming, and Pragmatic Play.

Crypto bettors can make bets using ether and other coins on numerous sports and eSports events, as well as on virtual sports.


Cloudbet

Cloudbet is known as one of the oldest and overall great crypto sportsbooks out there. It accepts bets in Ethereum, Bitcoin, Bitcoin Cash, Chainlink, Paxos Standard, PAX Gold, Tether, USD Coin, and Dai. Besides sports betting, Cloudbet users can pass the time playing ether casino games.

cloudbet website mobile

Cloudbet’s welcome bonus is combined with a loyalty program. You can get up to 5 ETH as the first deposit bonus, but this money will be released in installments as you rack up loyalty points. There will be no wagering requirements as such bonus money is credited to the main casino balance. You would be able to withdraw them whenever you want.

Promotions are made for both the Ethereum sportsbook and the crypto casino section. Players can make use of cashback, giveaways, deposit bonuses, and other offers. Besides, there are occasional gambling contests like the St. Patrick’s Day tournament with a €25,000 prize pool.

Cloudbet users can make bets using ether not only in casino games and on sports, but also in crypto arcades. These custom-made games include Mini Roulette, Aviator, Dice, Plinko, Minesweeper, Keno, and others. The RTP percentage is 97%.


Benefits of Ethereum in gambling

There are two aspects to Ethereum being great for casino games. First, it is the use of ETH as a currency, which itself offers a number of advantages:
1. Cryptocurrency allows you to gamble anonymously, so your private info will not be revealed to anyone, even the casino
2. Ether transfers are faster if compared to the traditional ways of money transfers
3. RTP percentages are usually higher in cryptocurrency casinos
4. Your money is mostly free of control from governments or financial regulators
5. It is much cheaper to send ETH than fiat money as the transaction fees tend to be small
6. Gambling is fairer in provably fair casinos because players can check every gaming outcome

Second, there are ways to improve the entire concept of cryptocurrency gambling. As it is a platform for decentralized applications, Ethereum makes it possible to create gambling sites that utilize smart contracts and built-in ETH payments.


Ethereum games are the future?

When bitcoin games were already quite popular and accepted, online casinos started to look for other ideas. Of course, soon enough, they began developing the solutions that would allow players to make bets using Ethereum. After all, this payment method was more promising than most other existing altcoins. First and foremost, crypto casinos were interested in those self-executing contracts Ethereum advertised.

Smart contracts function in such a way that once the parties have signed it, one should no longer worry that another party would decide to give up their obligations. This alone provides a lot of space for innovations.

For example, if you bet using Ethereum, your betting session would end with an automatic payment. There is no other way: the show would go on until the very end. A player that has agreed to the terms and conditions of such a contract could not just go away quietly whenever they want.

A deposit would actually be a smart contract between a user and a casino. It would increase the level of trust drastically; gamblers would rest assured that the casino cannot just retain their ether against their will.

There may be a solution for those who want to keep a firm rein on their gambling heat as well. A contract can be programmed to include a bankroll limitation or set some breaks so that the system would not let a player gamble with Ethereum and place bets for, say, three hours.

These ideas have been suggested by Betcoin ― and these are just several possible ways to improve gambling for the Ethereum community. Thankfully, the technology allows making it all even better while coming up with new solutions.


What is Ethereum?

Ethereum is not just a cryptocurrency but an entire platform for decentralized apps. This platform allows the creation of so-called smart contracts to exchange money, content, and all sorts of assets.

Smart contracts are fragments of code that are running on the blockchain. Such contracts are executing automatically and can send transactions across the network. They cannot be quietly modified or forged.

Most users are more curious about ether, though. Ether is the internal currency of the network, also known as the «fuel» of Ethereum. It is free from any centralized control (e.g. banks) and is available for everyone.


How to buy Ethereum

You can buy ether on a cryptocurrency exchange or directly from a wallet. Ethereum.org allows you to find available ways to buy Ethereum in your country. For instance, here are several popular exchanges and wallets for those who want to buy ETH in the USA or the UK:
• Binance
• Bittrex
• Coinbase
• Coinmama
• Kraken
• Argent
• MyEtherWallet
• Trust

You can buy ether using both fiat currencies (dollars, pounds, euros, etc.) and cryptocoins (Bitcoin, Tether, etc.).


First successes and failures

The end of 2013 was the first time the world heard about Ethereum —that is when Vitalik Buterin, a young programmer, described the concept of the platform. Nobody could predict that Ethereum Switzerland would have developed its first decentralized application by the beginning of 2014. And that was not all: half a year later, the sales of ether (that cryptocurrency «fuel» we have mentioned) reached an unbelievable $14 million mark.

In the summer of 2015, the early version of the network was launched under the name Frontier. The next phase was all fixes and improvements. It really took off with $150 million that had been raised by the much-talked-about decentralized autonomous organization (or simply the DAO as it is known today) at the end of the spring of 2016.

Many mainstream media covered this project, which was implemented on the Ethereum blockchain. People were in a hurry to create their personal Ethereum wallets. The platform’s success was astounding if a little brief.

June 18, 2016 was a really bad day in the history of Ethereum. It was at this time that unknown individuals hacked the DAO, stealing a tremendous amount of ether ― about $53 million. In a short period, it led to the blockchain splitting off into Ethereum (ETH) and Ethereum Classic (ETC).


New horizons

The DAO wounds started to heal while the media kept on covering the newest updates and improvements. But who could even think that the ether price would surge up by 5000% in the period from January to June of 2017? And there were probably even fewer people who could imagine the ETH to USD exchange rate surpassing $2,000 in 2021.

The development of decentralized finance (DeFi) has a positive impact on ETH price charts. More importantly, new ideas and ways to use the platform attract investors and people with innovative thinking. The beginning of Ethereum futures trading indicates the maturity of the cryptocurrency as a financial asset.

At the moment, Ethereum is in transition to Ethereum 2.0. The network is going to switch from Proof of Work to Proof of Stake while its transactions throughput should increase from 15 per second to tens of thousands per second. It will be achieved thanks to the so-called sharding technology.

A popular belief is that while Bitcoin should disrupt online banking and condemn services like PayPal to oblivion, the true goal of Ethereum is to force out third parties from the Internet. Data storage, management of complicated financial tools, and many other things should be free of third parties. Ethereum smart contracts are capable of helping with that, or so the argument goes.


Cryptocurrency faucets to earn free Ethereum

Since this platform and currency started to gain traction, countless faucets have been popping up here and there, promising some small amounts of free ether for the time you spend on their websites. With the choice of Ethereum faucets becoming larger, people started to look for the most favorable terms.

But even though such websites may truly send small amounts of crypto to their users, it is probably not worth it. Faucets with free ether will definitely not make you richer. In the worst case scenario, you can come across an outright fraudulent website.

Best Ethereum online casinos with amazing bonuses

cloudbet website screen new
Welcome bonus 100% up to 5 BTC

Cloudbet

www.cloudbet.com

wolfbet website screen
Advanced Dice Game
Daily Races with $1,000 prizepool and 30% rakeback!

Wolf.bet

www.wolf.bet

bcgame website screen new
Provably fair games!
Welcome bonus 200%, regular tournaments and VIP rewards!

BC.Game

bc.game

Say a word for poor ETC

A significant number of crypto gamblers have stayed loyal to the original Ethereum blockchain. Despite the initially unfavorable prospects, Ethereum Classic have been keeping the lights on for more than five years. You can learn more about ETC gambling in the respective article.

We hope you will get the most out of Ethereum casino gaming!