Best Ethereum Gambling Sites in 2021
Ethereum is the new buzzword in the online casino industry, with many prominent operators launching Ethereum casinos in 2021. Launched in 2015, Ethereum is the second-largest cryptocurrency in terms of market capitalization.
Players prefer ETH over fiat currency for anonymity, faster transactions, advanced security, and access to a host of provably fair games, where crypto gamers can backtest the game results to check for fairness.
In this latest Ethereum casino review of 2021, we explore the world of Ethereum casino sites and how you can access the best Ethereum casino bonuses and games.
Ethereum Casinos have undergone a golden age of evolution with story-based Ethereum slots, Ethereum table games, Ethereum Dice, Ethereum Poker, Ethereum Lottery, and many more. We have selected the best brands in this niche after testing them first-hand to get the punter’s perspective.
These include evergreen brands as well as innovations from the iGaming industry. Read on to find out more about Ethereum casinos.
In recent years, the use of Ethereum in online casinos has seen exponential growth leading to the launch of some of the best Ethereum casino sites. It is a big market flush with many casino operators and brands.
Ethereum casinos have become a vital part of the iGaming ecosystem, where you can find exclusive Ethereum-only casinos along with traditional brands that have ETH as a payment gateway. As of 2021, players can find thousands of online casinos that accept Ethereum, but only a few hundred as actually worth the while.
Ethereum Casinos Vs. Bitcoin Casinos
Both Bitcoin and Ethereum are popular payment options for online casinos. While bitcoin is the most popular crypto in use, Ethereum offers unique features like smart contracts that allow punters to build a fortune from scratch.
Ethereum casinos are completely decentralized Ethereum platforms offering full anonymity and tamper-proof blockchain casino games. Many ETH casinos also offer investment opportunities by launching casinos IPOs backed by Ethereum.
How We Choose the ETH Casinos
We leave no stones unturned to review each casino and identify the good, the bad, and the ugly. We only recommend online casinos that meet our strict gaming standards.
Our casino review yardstick remains the same as in fiat currency casinos, and we look at different aspects of the best Ethereum casinos. These include user interface, ease of payments, average house edge, quality and depth of gaming portfolio, payment options, gams fairness, player privacy, security, and site transparency.
Pros and Cons of Using Ethereum in Online Casinos
Ethereum is probably second only to Bitcoin in terms of online usage as most casinos accept it. But what are its benefits and shortcomings?
One advantage of using this currency is that the gamblers do not provide their personal information. They only provide the amount they want to transact and their wallet address.
Ethereum truly shines when it comes to safety because its smart contracts are fault-free. The transaction cannot be changed after being agreed, and blockchain participants verify every deposit or withdrawal.
The verification process happens fast due to the advanced crypto network used by the blockchain participants. It is faster than most traditional methods.
You might find this currency’s specifics a bit complex if you are not familiar with cryptocurrencies. It is better to start with bitcoin before you start using this currency.
Hard to Obtain
The Ethereum cryptocurrency might have gained more recognition over recent years, but it is still hard to find. However, you can be in a better position if you have some bitcoin since you only need to exchange them for this currency.
Choosing the Right Ethereum Casino
The right way to get the best deals and games on your stack of Ethereum starts with asking the right questions. Various brands show unique selling points, and you need to know your gaming needs like bet sizes, theme preferences, privacy, and anonymity. Here are things to remember while choosing the right Ethereum casino.
Licensing is essential in online casinos since they place checks and balances to protect players’ interests. Some of the well-recognized licenses for Ethereum casinos are the Malta Gaming Authority, UK Gambling Commission, Alderney Gambling Control Commission, The Isle of Man Gaming Commission, and Gibraltar Regulatory Authority. We vet all our recommended casinos for licensing by checking their license numbers independently from the regulator’s database.
Fairness of Games
Online casinos are platforms for a variety of game developers who may or may not have audited games. This can be ample space for game manipulations. The best way to evaluate fairness is to go through the gaming portfolio and check for game audit reports from casino games testing agencies. We always red-flag any discrepancy we find during our trials and also from our readers’ review.
Players should be aware of local laws regarding Ethereum online casinos. Even for anonymous casinos, we recommend punters find out the legal status of cryptocurrency online casinos in their resident country.
Bonus Terms and Conditions
Every casino bonus is unique and caters for a particular type of punter. There are casinos for high rollers that offer big cashback but have a high minimum deposit limit. There are many great Ethereum casino bonuses for small deposits but with high wagering limits. We always provide a summary of the essential terms and conditions of casino bonuses for our readers.
Are Ethereum Casinos Anonymous?
How to Store Ether
You need to have an account with an Ethereum exchange, either centralized (buying or selling with a third-party escrow) or decentralized (transactions are confirmed with smart contracts). Usually, a centralized Ethereum exchange requires your KYC documents, while a decentralized exchange offers full anonymity. You can buy Ether directly with your credit/debit card or bank transfer through any centralized exchange. In a decentralized exchange, you get a wide range of payment options, including paying in cash or kind to the seller. The transfer of Ethereum from the sellers’ wallet happens only the payment is guaranteed through a smart contract.
Ethereum and any other cryptocurrency is store on wallets. It is like a bank account, and you can find the following systems:
They are printed out in private or written down on laminated paper and kept in a secure box or safe. It is the safest way to store your Ether.
It is a secure method that involves storing your cryptocurrency offline. You can keep the Ether private keys on the hardware and lock it somewhere.
They are also secure as they enable you to keep your crypto inside your PC.
Where to Purchase Ethereum
You can buy ether from either a cryptocurrency exchange or directly from a wallet. Some of the popular centralized eth exchanges are Poloniex, Kraken, Bitfinex, Gemini, and Coinbase. Decentralized exchanges, where you can take advantage of blockchain technology, are safer and lesser transaction fees.
How do I Deposit with Ethereum
Depositing with Ethereum is simple, although it comes with a few preliminary steps like selecting the wallet and buys this crypto. However, everything works like PayPal or any other e-Wallet. Below are the steps to follow when depositing Ethereum:
Choose the Ethereum Wallet
You need to choose a reputable wallet that can hold this currency. Online casinos often list their preferred crypto wallets, and they include Loafwallet, Coinomi, and Electrum.
Buy Ethereum at an Exchange
The second step is to look for a reputable online crypto-currency exchange platform to buy ethers. Some common sites include Bitstamp, Coinbase, and Kraken.
You can use Automated Clearing House (ACH) transfer, credit card, or bank account to make this transaction.
Register at a Casino
It is time to choose a real money gambling website where you will spend your cryptocurrency playing games. Sign Up and then Sign In.
You can now choose Ethereum as your preferred payment method when you log in to your account. It is time to transfer this virtual currency into the online casino from your Ether wallet.
Ethereum Casino Bonus Codes
Being a new trend, Ethereum casinos offer some of the best bonus codes in the industry. The bonus is rewarded as either free spins or cashback. The most common deposit bonus type in Ethereum casinos is the first deposit bonus, where you get extra Ethereum when you make your first deposit at the casino. Some casinos also offer no deposit Ethereum bonus codes that you can use to get free spins and win real cash without depositing any Ethereum.
On average, most Ethereum casinos offer 20 free spins on a game of their choice as a welcome no deposit bonus. On your first deposit welcome bonus, you can expect at least 100% cashback or Ethereum free spins that can go as high as 100 free spins on popular casino games. For game-specific casino bonuses, you can browse our list for Ethereum table games bonus codes, Ethereum poker bonus codes, Ethereum online lottery bonus codes, and multiple other Ethereum betting bonus codes.
How To Claim an Ethereum Bonus
To claim your Ethereum bonus, browse through our list of vetted Ethereum online casinos and use the given link or bonus code to register with the casino. Depending on the type of bonus, you need to make an Ethereum deposit at the casino. Make sure to check the minimum Ethereum deposit amount to take advantage of the bonus in our list. Once your deposit is completed, your cashback will be credited to your casino account balance. Make sure to use the provided link or bonus code to access the exclusive Ethereum bonuses available on our website.
Top Ethereum Games
A wide range of ETH Casino games are available in different online casinos. Punters can choose between slots, table games, blackjack, dice, lottery, poker, roulette, and even sports betting. While you are unlikely to find the traditional casino developers like NetEnt, Microgaming, and Play’n Go in the crypto niche, there are great alternatives. Some of the best developers on this side of iGaming are BGaming, Novomatic, Pragmatic Play, Tom Horn, Habanero, iSoftBet, Slotegrator, Booongo, Kalamba Games, ELK Studios, Foxium, Super Spade, and KA Gaming.
Ethereum blackjack is one of the most popular table games in online casinos. Most casinos give out attractive offers on table games that you can use to wager on live Ethereum blackjack or traditional blackjack tables. Evolution Gaming and Ezugi are the two most popular brands for live Ethereum blackjack. You can also compete with automated blackjack games from OneTouch and Betsoft. There are many different varieties to choose from, such as classic Ethereum blackjack, progressive Ethereum blackjack, European Ethereum blackjack, Ethereum Spanish 21, Ethereum pontoon, Ethereum Vegas Strip Blackjack.
Many casinos have developed provably fair dice games powered by Ethereum. With 100% proven randomness, these games can be a refreshing change during your punting sessions. Ethereum dice is one of the most straightforward casino games with the lowest house edge, making it possible to win frequently. House edge in Ethereum dice games is as low as 1%.
Ethereum lottery is a great way to risk less and win more. Many casinos offer free lottery tickets as a ‘no-deposit bonus’. You can also buy tickets to a lottery for as low as 0.00001 eths. Ethereum lottery has low entry prices but huge jackpots. Often touted as free money in casino circles, you can test out your luck in the Ethereum lottery by collecting no deposit Ethereum bonuses.
Poker is the best friend of an avid punter. However, due to country restrictions in certain online casinos, poker is inaccessible to many punters. Ethereum poker solves this by providing universal access to all punters anonymously. There are many poker variations available for the Ethereum gambler like Texas Hold Em, Omaha Hi, 7-Card Stud, Razz, Eight or Better, Badugi, Omaha Hi-Low, Chinese Poker, etc.
The first roulette game came into existence in the 16th century, but it was not until the 21st century that the Ethereum version hit online. It is a game that revolutionized the online gaming industry and is fun, secure, and accessible.
There are multiple versions of Ethereum Roulette, with the common ones being the Classical and Live models. The two games resemble the traditional roulette games you find in online casinos.
Ethereum slots are online machines with several reels that rotate when you push or pull the button or lever. You win when you hit the correct combination of reels.
These games are widely found in Ethereum gambling casinos, and you can find titles such as 2035 Ethereum Slot, 1171 Ethereum Slot., 210 Jackpot slots, and others.
Ethereum can be exchanged with fiat currency (or other cryptocurrencies) through Ethereum exchanges. You can also directly buy or sell ETH on these platforms at the market price. There are three broad categories of exchanges; brokers, trading platforms, and P2P exchanges.
When you are buying or selling from an Ethereum broker, the price is usually higher than the market price, but you get guaranteed liquidity. In trading platforms, you can bid for a specific price, and if there is a seller at a price, then your order gets executed automatically. In a P2P market platform, you can negotiate for the price of Ethereum with the sellers directly.
Ethereum and Security
Ethereum is one of the most secure digital currency platforms in the market. Ethereum transactions allow both sender and receiver of funds to digitally verify the transaction independently. Once you buy ETH from an Ethereum exchange, you can store it in your Ethereum wallet and transfer it to your favourite casino for bets. The safety of Ethereum wallets depends on the kind of wallet you choose.
Recent hacks on the Ethereum platform include the most notable $50mil DOA hack in June 2016, just months after the cryptocurrency launch. The hack was eventually reversed through a hard fork, creating two branches of the original blockchain. Cryptocurrency critics believe that the hack was not an inherent flaw in the Ethereum blockchain but due to malfunctions in the eth storage units.
How to Use Ethereum Safely
Keeping your Ethereum safe can be personalised to include higher levels of security. As a rule, you should never keep your ether in a crypto exchange if you regularly trade with the asset. For long-term holding of Ethereum, you should use pen and paper to write down the password and store it in a safe place. However, it is very inconvenient for regular transactions.
Ethereum is exceptionally safe when gambling online. You will find that an Ethereum Casino comes with all the mandatory security features to guaranteed safe betting. The Ether gaming experience is worth every minute of a punter’s life.
Ethereum is a digital open-source blockchain launched in 2016. The Ethereum platform uses Ether (ETH) as its currency, which is fully decentralized. Ethereum differs from other cryptocurrencies for its smart contract functionality. A smart contract is an online program that completes transactions upon the fulfillment of certain conditions. This allows developers to create apps or Ethereum backed apps that have a wide area of application.
An Ethereum wallet is used to store ether and be either an ether hardware wallet, ether desktop wallet, or ether web wallet. An ether hardware wallet is the most secure, followed by a desktop wallet and web wallet.
An ETH bonus can be quickly be withdrawn, just like any other bonus. They are subject to the casino's wagering conditions, and the ETH funds will appear once you complete the rollover conditions.
Ether (ETH) is not a scam. Most news headlines about ETH scams are not about ETH itself but different applications based on ETH. The coin itself is as secure as the user wants it to be. It is protected by a strong password or storage device, which is impossible to hack. However, there are chances of web wallets being hacked or ETH based apps going bust. We recommend storing in physical storage units or desktop-based wallets protected by paper passwords.
It is relatively easy to buy ETH with fiat as well as other cryptocurrencies. All you need is a bank account where you can transfer funds and an Ethereum wallet to store the Ethereum.
You can purchase Ethereum using GBP through a peer-to-peer or cryptocurrency exchange platform. The first thing is to set up your account for exchanging these currencies.
Then, you can deposit your GBP through your debit/credit card or bank transfer. You can now exchange your fiat money with Ethereum and then withdraw it into your hardware wallet.
Ethereum has been tested and tried on many gaming platforms and proven to be safe and effective. It is safe when depositing and withdrawing as it uses a smart contracts network, and participants verify every transaction.
Smart contracts are systems that run on the Ether blockchain. They are a collection of codes and data that reside at a given address on the blockchain. A smart contract is an ether account with a balance, and you can send a transaction over this network. However, the account is positioned to the network and operated as programmed instead of the user.
The difference between these cryptocurrencies is that Ethereum is a ledger technology used by companies to build programs, while Bitcoin is simply a currency. They operate on blockchain technology, although Ether is more robust. Another difference is that Ether allows for more use than Bitcoin despite the latter being more liquid.
All gambling websites should hold a gaming or betting license issued by the appropriate licensing body to provide service in their jurisdiction. The cryptocurrencies easily circumnavigate these regulations, and that means the use of Ethereum is not licensed. However, you can expect the casinos to hold operating licenses from the UK Gambling Commission, and it is perfectly legal to engage in Ethereum gambling.