Last updated on: May 31st, 2023
Ethereum Sports Betting Sites
Ethereum sports betting sites provide one of the easiest ways to bet online using crypto. Whether depositing or withdrawing, these ETH sportsbooks online offer a safe betting experience. Most online sportsbooks accept Ethereum, so finding one should never be a problem. Using Ethereum to bet online comes with excellent bonuses too. This is why betting with Ethereum is one of the main ways players wager at legal sports betting sites.
Best Sportsbooks for Betting With Ethereum
|Rank||Sportsbook||Bonus Offer||Play Now|
|1||75% Up To $750 Read Review||Visit Bovada!|
|2||50% New Member Bonus!Read Review||Visit BetOnline!|
|3||50% Up To $1,000 Read Review||Visit MyBookie!|
|4||100% Up To $300Read Review||Visit Xbet!|
|5||50% Up To $1,000 Read Review||Visit SportsBetting!|
Making an Ethereum deposit at Bovada is as quick as it comes. Buy the crypto on an exchange and transfer it by requesting a deposit first. Bovada gives you the address to send it, and after you do, you’ll find it hits your account in about 10-25 mins. Send as little as $50 or as much as $5,000. Using Ethereum to bet at Bovada makes for easier success as they carry no fees either. Make sure to check out the Ethereum bonuses at Bovada too.
- Quick Transfer
- Send $50-$5,000
- Bigger Bonuses
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
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
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
Ethereum betting sites are easy to use and can be extremely profitable when players bet on sports with ETH. Ethereum accepting sportsbooks take only a few easy steps to register for. The process of how to sign up at a sportsbook with Ethereum can be seen down below, with the only prerequisites being that players have already confirmed that the sportsbook accepts ETH and that they have a cryptocurrency exchange account.
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
Using Ethereum to bet at legal NFL sportsbooks is incredibly easy and increasingly common. Ethereum NFL betting sites will have players deposit with ETH by completing a few easy steps and then bet on the game, player prop, or futures bet that caught their eye. Then once the game kicks off players may think that’s the end of the line, but it’s not. Sportsbooks such as Bovada and BetOnline allow players to live bet on the NFL with Ethereum. The last step to betting on the NFL with Ethereum is to withdraw, which can be done safely and securely at each sportsbook detailed on this page.
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.
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
Steps To Deposit At An Online Sportsbooks With ETH
- Purchase the desired amount of ETH
- Create a free account at the online sportsbook
- Opt-in or out of the Ethereum sign-up bonus
- Select “Deposit” and “Ethereum”
- Copy the Ethereum receiving address of the site
- Go to the crypto exchange, select “Send/Receive”
- Paste the copied receiving address and enter the amount of ETH to send
- Select send and wait the approximate 30 seconds
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.
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.