Last updated on: August 12th, 2022
Ethereum Sports Betting Sites
There are a lot of options at Ethereum sports betting sites. These are operators that allow users to fund and withdraw from their betting wallets with the Ethereum cryptocurrency. The process to deposit/withdraw from betting accounts using Ethereum is simple; deposit the amount you wish using your Ethereum wallets. Ethereum is one of the more popular cryptocurrencies alongside Bitcoin and Litecoin so most legal sports betting sites allow players to wager with Ethereum. In addition, Ethereum bettors also have access to specific bonuses as sportsbooks for using cryptocurrencies as payment methods. Betting with Ethereum is one of the main ways players wager at legal sports betting sites.
Are Ethereum Sportsbooks Legal?
Yes, Ethereum sportsbooks are completely legal as long as you use sports betting websites that are based outside of the United States. These sites can accept a wide range of payment options, such as Ethereum. Since these sites are outside of the US, they are not breaking any laws that the country has implemented. Better yet, there are no federal or state laws that prevent you from using our recommended sites to bet on sports.
What is important to realize is that online offshore sportsbooks are the only places that accept Ethereum for sports bets. There is a good reason for this. Sportsbooks that are based in the United States are highly regulated. The government does not want to deal with the ups and downs of the volatile market of cryptocurrencies. For this reason, sportsbooks based in the country will not accept cryptos such as Ethereum.
How Ethereum Sports Betting Sites Work
It is rather simple to use Ethereum on sports betting sites in 2022. Depositing Ethereum works much like depositing any other cryptocurrency or payment. First things first, you want to create your free account. Once you have done that, you just need to find the deposit page for whatever sportsbook you are using. After you have figured it out, enter the amount you want to deposit. The sportsbook will provide you with their wallet address. Use that wallet address to submit your Ethereum payment and you are good to go. Cryptocurrencies deposit almost instantly and because of that, you can easily start placing your bets once you hit the deposit button. You just do a similar process when you want to withdraw your cash, and you are good to go.
What Is Ethereum And Why Is It Used For Sports Betting?
Ethereum is both a blockchain and a token, a cryptocurrency platform and a mechanism of exchange. Ethereum the blockchain is open source. The currency on the platform, although it is often referred to as Ethereum, is actually known as Ether. Still, many call it Ethereum when talking about Ethereum anyway. Currently, Ether has the second highest market capitalization of any cryptocurrency, and the Ethereum blockchain network has been the source of many other innovations in the space.
Ether’s adoption as a sports betting medium of exchange came recently. Sportsbooks began to get interested in the crypto space in the mid 2010s, with many of them noting the overlap between gamblers and crypto HOLDers, as well as the potential for moving money overseas. International sportsbooks particularly took an interest, as cryptocurrency is the easiest way for anyone to deposit with them, and the easiest way for them to pay you as well. As the crypto with the second highest market cap, Ether began to be seen at online sportsbooks around 2019, and has continued strong ever since.
How To Use Ethereum To Bet On The NFL
With the 2022-2023 NFL season having a kickoff date in September, there will be plenty of action for betting on legal sportsbooks. In order to deposit into these books and fund the bankroll, bettors can use Ethereum as their preferred form of crypto. The benefit of using Ethereum is the quick processing speed, that allows bettors to make a deposit on a Saturday night and wake up and see the bankroll in the sportsbook just in time for NLF Sunday kickoff.
The Buffalo Bills opened as the Super Bowl 57 betting favorites, with +600, and the LA Rams had +1100 odds to repeat as World Champions. No matter what team a bettor wants to wager on for the NFL regular season, or even Super Bowl prop bets, Ethereum is a safe and secure method to quickly fund a sportsbook account, leaving all the time in the world to wager on the NFL.
Ethereum Sports Betting Apps
Online sportsbooks where it’s safe to use Ethereum as a deposit/payout option are BetOnline, and SportsBetting.ag to name a few. While these sportsbooks do not offer betting apps when using Ethereum, they do offer a mobile book that works just the same. These are only two of the Ethereum sports betting sites but those looking to bet at state-licensed sportsbooks should know that Ethereum or any form of cryptocurrency is not accepted.
Bovada accepts both deposits and withdrawals in Ethereum, which makes it a very solid destination for anyone looking for a crypto casino. They even offer specific bonuses for those using Ethereum and other cryptocurrencies, and these bonuses have more value attached than their average bonuses for other deposit methods. Bovada charges no fees on ETH transactions, so you should be very easily able to fund your Bovada account with Ethereum and get started betting on one of the best online sportsbooks around.
- Live Betting
- Big Bonuses
- Easy To Use
- Mobile Betting
- Best Odds
BetOnline is one of the most popular sportsbooks to make Ethereum deposits and withdrawals while betting on sports. BetOnline has odds and bet lines of many professional sport leagues including the NFL, MLB, NBA, NHL, MLS, and many other international leagues. Players can place wagers using different bet types such as point spreads, props, moneylines, and future wagers. BetOnline also offers a Welcome Bonus for first time sports bettors that allows you to earn an extra 50% bonus on to your account after you first deposit at the sportsbook.
- Reliable Banking Methods
- Strong Server Connection
- 10+ Year Track Record
- Huge Assortment Of Odds
- No App Mobile Betting
MyBookie is a great online sportsbook for anyone looking to deposit with Ethereum, although they do not offer withdrawals in the famous cryptocurrency. Manye players still choose to deposit via ETH regardless, because of how easy it can be to get your money into MyBookie when you do. They charge no fees on ETH deposits, and they occur instantly. This means that it is a great way to get access to MyBookie’s excellent list of odds for you to wager on.
- Huge Player Bonuses
- Consistent Odds
- Easy Interface
- Rapid Live Betting
- Legal In Hawaii
BetUS probably offers the single most betting bonuses that can be applied to Ethereum of any online sportsbook. They offer 100% matching on your first three deposits, with 200% matching on your first one, as well as a consistent 20% reload bonus if you reload your account via cryptocurrency such as Ethereum. As far as the odds BetUS offers, they’re pretty good, and their sportsbook is very easy to use and browse if you’re hunting for a specific bet. Overall, they’re a very reasonable Ethereum sportsbook.
- Accepts US Residents
- Generous Bonuses
- Timely Odds
- Mobile Betting
- Live Betting
Pros And Cons Of Legal Ethereum Betting
With legal online sportsbooks having many different options for funding a sportsbook account, it can be overwhelming to choose to payment method. When it comes to cryptocurrency deposits, online sportsbooks have up to 14 different coins, depending on the sportsbook. ETH has benefits and drawbacks that will affect or intrigue each individual sportsbook player.
- Instant Deposits/Withdrawals
- Bigger bonuses with Ethereum
- Zero sportsbook deposit/payout fees
- No third parties involved in transactions
- Safe and secure blockchain
- Deposit Maximums from $5,000-$100,000
Cons To Using Ethereum
- Not all online sportsbooks accept ETH
- Retail sportsbooks do not currently accept ETH
- Minimum deposit of $50
Betting On The Price Of Ethereum
Price Of Ethereum Between July, 1 2022 and January 1, 2023
- Over $4,000 +300
- Under $4,000 -450
With Ethereum being one of the fastest up and coming cryptos of the year, many online sportsbooks have not only began accepting them as payment, but have also offered odds on their price. Right now, you can bet on if Ethereum will get back to the over $4,000 mark that it was at just under one year ago.
Bonuses At Ethereum Sportsbooks
One of the main reasons why people use cryptocurrencies such as Ethereum is because of the exclusive bonuses. Cryptocurrencies will receive exclusive bonuses that no other sportsbook deposit methods can take advantage of. The reason for that is online sportsbooks like cryptos because they are the fastest and most efficient way to do business with people all over the world. Therefore, sportsbooks want to encourage people to use Ethereum to make their bets. That is why there are many sportsbook bonuses that feature Ethereum. We definitely recommend you check them out to take advantage of them.
|Site:||Bonus Name:||Bonus Code:||Percent Bonus:||Max Value:||Rollover:|
|BetOnline||Crypto Reload Bonus||CRYPTO35||35%||$350.00||8x|
|BetOnline||1st Time Crypto Bonus||CRYPTO100||100%||$1,000.00||14x|
|BetOnline||Crypto Boost||Opt-In toggle at deposit screen||5%||10x||na|
|SportsBetting||1st Time Crypto Bonus||100CRYPTO||100%||$1,000.00||14x|
|SportsBetting||Crypto Reload Bonus||35CRYPTO||35%||$350.00||8x|
|SportsBetting||Crypto Boost||Opt-In toggle at deposit screen||5%||10x|
|BetUS||200% Crypto Sign Up Bonus||JOIN200||150% Sports Bonus + 50% Casino Bonus||$2,500.00||15x rollover on sports, 30X rollover for casino|
|BetUS||100% Crypto Sports Bonus||SU100CRYPT||100%||$2,500.00||10x|
|BetUS||200% Crypto Bonus||FIRST200||150% Sports Bonus + 50% Casino Bonus||$2,500.00||15X rollover on sports, 30x rollover for casino|
|BetUS||100% 1st Crypto Sports Deposit Bonus||RU100CRYPT||100%||$2,500.00||10x|
|BetUS||100% Crypto Sports Bonus on 2nd/3rd Deposit||100CRYPTO2X||100%||$2,500.00||10x|
|BetUS||20% Cash Bonus on Crypto Deposits||RU20CASH||20%||$500.00||6x|
Ways To Wager At Ethereum Sportsbooks
If you are wondering what ways you can use Ethereum to wager at online sportsbooks, look no further. To put it simply, using Ethereum is just like using any other currency to wager on your favorite teams. If you want to use Ethereum to bet on the moneyline, you can. You can wager on spreads, props, totals, and really any wager type that is available on your favorite online offshore sportsbooks. There are no limits put into place just because you decide to use Ethereum to bet on sports. That is why we highly encourage you to check out our recommended sportsbooks if you are a user of Ethereum.
Live Betting At Ethereum Sports Betting Sites
Live betting using Ethereum is an excellent way to bet on your favorite teams. rather than just sitting down and waiting for the game to end, you can make even more money by betting on various live props that become available throughout the game. For example, if you think the next throw will be an interception, you can wager on that via live in-game betting. If you know who is going to score next, you can bet on it. The odds change very quickly in reaction to the game and we recommend you to act quickly to make the most out of your bets.
Do Ethereum Sports Betting Sites Charge Any Fees To Use Cryptocurrency?
No. Ethereum sportsbooks do not charge fees on ETH transactions. This is one of the primary reasons why people love using cryptos such as Ethereum on our recommended sports betting sites. You will not have any fees when you are making a deposit or you are withdrawing your winnings. Because of that, many people are using cryptocurrencies like Ethereum to fund their sportsbook account.
What Is The Most I Can Withdraw From A Sports Betting Site Using Ethereum?
This really depends on the sportsbook you decide to use. It is the online sportsbook itself that sets the limit on how much you can withdraw at one time. Due to that reason, it can be anywhere between $5,000 to $100,000 at one time. If you need to know how much you can withdraw using Ethereum, we recommend you check out the banking page on your sportsbook of choice to find out the withdrawal limits.
Ethereum Sportsbook Withdrawal Limits
Ethereum Sports Betting FAQs
Is it safe to use Ethereum to fund my online sportsbook account?
Not only is it safe, but it is also absolutely recommended that you use cryptocurrencies such as Ethereum to bet on sports. Using Ethereum is not only fast, but it is also absolutely secure. Just make sure you type down the proper wallet address and you are set to go. If security is still a thought for you, understand you can change your wallet address after depositing into your sportsbook with Ethereum.