Scientist by day, crypto enthusiast by night. I love learning about real-world applications of cryptocurrencies and teaching others about these new technologies. When not working or writing, you’ll find me racing triathlons or rock climbing.
The 10 Best Ethereum eSports Betting Sites
Stake
Stake is a popular option for betting crypto on sports and casino games for many reasons, including their neat user interface, and the variety of sports/games they offer.
While they do not offer a welcome bonus, they are one of the best crypto gambling sites around in terms of VIP perks, cashback, and bonuses.
General Information
Dogecoin, Bitcoin Cash, Litecoin, TRON, EOS, Binance Coin, Tether
French, German, Portuguese, Finnish, Indonesian, Korean, Polish, Turkish, Vietnamese, Chinese(Mandarin), Hindi
Anonymity
Stake doesn't require much information when registering. To complete your first deposit, you will be required to complete KYC level 1, which means you will have to share basic information such as name, DOB and residential address. This information can be changed later down the route.
Like most of its competitors, for regulatory reasons, Stake reserves the right to ask for further KYC documentation to confirm your identity and location. However, Stake is known to be privacy-friendly, and most players won't ever need to complete this step.
Reputation
Stake offers and recommends activating 2FA (2-factor Authentication), which continues to establish itself as the new normal for a secure log-in method.
Pros and Cons
Cloudbet
Cloudbet is a sports-focused gambling site that also offers casino games. The site offers a wide selection of games and sports to bet on.
General Information
Anonymity
Cloudbet offers anonymous play. The site is also very secure with SSL and two-factor authentication.
Reputation
Cloudbet has received some complaints about slow payouts and poor service. Most of the complaints they have received were quickly resolved.
Pros and Cons
Sportsbet
Sportsbet offers a superb sportsbook as well as a nice assortment of casino games. Their three core principles are Fun, Fast, and Fair.
General Information
Anonymity
While you can register on Sportsbet with just an email address, they reserve the right to require KYC and will lock your account if you provide inaccurate information.
Reputation
Sportsbet has an excellent reputation among gamblers. They respond quickly and fairly to complaints.
Pros and Cons
MyStake
General Information
Fairspin
Fairspin is a unique online casino, that has created a cryptocurrency of its own. Fairspin offers thousands of casino games, sports betting, and many bonuses and tournaments to participate in.
General Information
Anonymity
Fairspin does not allow anonymous gambling, but you can start playing with only your email address and phone number, so you don’t need share all your details straight away.
Reputation
Fairspins enjoys a solid reputation with punters, but some players have complained about slow withdrawals.
Pros and Cons
BC.Game
BC.Game is an exceptionally designed casino with awesome promotions and 50 cryptocurrencies to deposit! From a chance to win 1 Bitcoin to a VIP system with exotic vacations, there’s always a promotion to play for!
General Information
Anonymity
You can remain anonymous to create an account and deposit crypto, but BC.Game may require KYC when you withdraw your funds.
Reputation
BC.Game has a stellar reputation, with few complaints received. With a license from Malta Gaming Authority and many ways to contact the company, your crypto will be safe with them.
Pros and Cons
Bitcasino
Bitcasino is an online casino and sportsbook platform. Founded in 2014, the brand stands out with innovative features and accepts crypto deposits.
General Information
Anonymity
Bitcasino doesn't offer anonymous gambling, and players are required to input their age before registration.
Reputation
Bitcasino has a good reputation in the market and players can find many positive comments on the site and its features.
Pros and Cons
22BET
22Bet is a modern-looking sports betting and casino site. Since its establishment in 2018, the company has been thriving in the industry.
General Information
Anonymity
22Bet doesn’t allow anonymous gambling, and players must leave their first and last name during the registration process.
Reputation
22Bet casino is a reputable brand with a trusted license and high-security measures. However, the brand should work on overall user satisfaction and complaints.
Pros and Cons
Rabona
Rabona is a casino and sportsbook brand established in 2019. The site accepts cryptocurrencies and features a selection of promotions.
General Information
Anonymity
Rabona doesn't offer anonymous gambling, and players are required to leave personal details during the registration process.
Reputation
Rabona has a solid reputation in the market, with a reputable license and owner.
Pros and Cons
Wazamba
Wazamba casino is a state of the art provider of gambling and sportsbook content. Launched in 2019, the site is an excellent place to enjoy crypto betting.
General Information
Anonymity
Wazamba casino doesn't allow anonymous gambling, and players must input personal details during the registration process.
Reputation
Wazamba casino has an average reputation in the market. The site holds a trusted license, but it fails to provide the security level that players deserve.
Pros and Cons
Ethereum eSports vs. Traditional Online eSports
eSports is a new phenomenon. Online esports betting is even more recent, and esports betting with Ethereum is the latest!
Ethereum was released on July 15, 2015, to be exact. Such new technology is always exciting and full of innovation but is bound to have some flaws.
Let’s go over the details for each.
Benefits of Ethereum eSports
1. Financial Privacy
Many are attracted to crypto for its privacy from governments, banks, and other financial institutions.
Decentralization has many benefits, chiefly being you don’t need to worry about someone spying on your crypto transactions.
You can expect the same privacy with Ethereum eSports betting.
2. Bet from (Almost) Anywhere
Traditional gambling is under strict regulation from local governments. Gambling sites must pay fees, get licenses, report income, and suspicious activity, etc.
However, with crypto, you can likely play from any country and sometimes anonymously.
Just make sure the site can legally operate where you’re playing.
3. Bigger Bonuses
Since there are lower fees and operating expenses with Ethereum esports betting sites, they have a larger profit margin and bigger bonuses for their players.
And as the Ethereum esports industry matures and becomes more competitive, these bonuses will become more enticing to attract more players!
4. Huge Ethereum Ecosystem
Ethereum was the first blockchain with smart contract functionality, hosting hundreds if not thousands of decentralized applications (dApps) in the Ethereum ecosystem.
With your ETH winnings, you can buy NFT’s, lock them in DeFi, or create your own dApp!
Drawbacks of Ethereum eSports
1. No Chargebacks
As cryptocurrency, and Ethereum, are decentralized, you cannot call Vitalik Buterin or Satoshi Nakamoto to dispute a transaction.
Before you bet on Ethereum esports, triple-check that your wallet addresses and any other transaction information are correct as there is no one with whom you can dispute a transaction.
2. Ether Volatility
Like all cryptocurrencies (minus stablecoins), Ethereum is vulnerable to volatility.
This is usually a good thing, as the price of Ether has rapidly appreciated over the years.
However, if you win some games, withdraw your funds, and ETH tanks by 20%, you may not make a profit.
HODLing should fix your problem!
3. High Fees
Although Ethereum is switching to Ethereum 2.0 and a Proof of Stake model, the network congestion and resulting high fees have not gone away yet.
You can expect transaction fees of $10 to $50 or more if the network is especially busy.
To counteract this, you can use a Layer 2 solution, like Polygon (MATIC), a blockchain that runs parallel to Ethereum.
Using Layer 2 allows for much lower fees and faster transactions.
Selecting Your Ethereum eSports Site - 6 Factors To Consider
Your specific location, financial situation, and other reasons may mean that the best Ethereum esports betting site may not necessarily be the best for you specifically.
You might need specific conditions to make your experience enjoyable or even possible where you live and for your financial situation.
When determining what you’re looking for -- first think about the factors below. Then consider each result in how it applies to you.
Which factor is more important to you, and why?
Take time to plan and then register for your three best Ethereum esports betting websites.
Experiment with them before settling on one or two -- that way, you’ll be able to switch between the ones that are the most enjoyable or profitable.
1. Restricted Countries
The most important factor when it comes to esports Ethereum betting is if you can even use ETH for esports betting from where you’re located.
You can always play with a VPN, but most sites will KYC you when you try to withdraw winnings. Those winnings would sadly be forfeited.
To help decide what sites are available to you, use our Country Chooser at the top right of this page.
Click on the flag representing your country, and any site unavailable in your country will be grey.
Simple!
2. Reputation and Trust
Reputation is the second most crucial part of a site.
With a poor reputation, the site may have awful customer service or confiscate your winnings for no reason.
The sites we list here are thoroughly researched with their respective pros and cons to help you make the best decision.
3. Available Games
Having fun is also necessary! You want to place an Ethereum esport bet on the games you know and love, so check out the available games for each site you’re looking at.
Find a couple of sites with the main esports games like CS:GO and smaller games like the newest Battle Royale.
4. Payout and Withdrawal Speed
All Ethereum esports betting sites will offer deposits and withdrawals with Ethereum, but transaction speeds may vary.
Some sites will process the withdrawal instantly, while others may individually review each transaction. This can take two or three business days.
5. Bonuses and VIP Programs
When you bet on esports with Ethereum, the best sites will have frequent bonuses and a VIP leveling program for the high rollers.
Choosing a site with the best VIP program or most generous bonuses will save (or earn!) you a lot of money!
6. Provably Fair Games
Unique to cryptocurrency, many sites will verify their games are provably fair. This means neither the house nor you can see or alter the outcome of the game.
Sometimes you can see the cryptographic hash that secures each transaction.
How To Bet With Ethereum
To start betting with Ethereum, follow these four steps.
- Find some trustworthy esports betting sites that accept Ethereum.
- Find a reputable and gambling-friendly cryptocurrency exchange (list below).
- Buy some Ethereum and send it over to your best favorite esports betting site.
- Enjoy, and bet with Ethereum!
Note that some Ethereum esports sites allow you to buy Ethereum and other cryptocurrencies directly from their platforms.
That’s the case of Stake, for instance.
If your favorite Ethereum esports betting site does not have this option, here are the best options to buy Ethereum today.
We recommend these exchanges for crypto betting because they have no policy against the use of their website for gambling purposes, as opposed to most crypto exchanges out there.
What’s Your Best Ethereum eSports Betting Site?
That’s it! Those are my deeply researched and vetted Ethereum esports betting sites.
They should cover all the major countries you might be from, risk tolerances, options (such as anonymity), reputation, and other factors that will affect your safety and enjoyment of Ethereum betting.
So which ones made the top of your list? Are there any from this list that you might have your eye on? It’s time to try them out!
Frequently Asked Questions
Is Ethereum eSports betting legal?
If the Ethereum esports site is licensed to operate in your country, it is legal.
Are there any bonuses when betting on eSports with Ethereum?
Yes! The best Ethereum esports sites will have frequent promotions, welcome bonuses, and leveling systems.
Can I bet on eSports with Ethereum?
Yes, you can bet on any game listed on the site.
Written by
Nicholas W.Cryptomaniaks!
Collectively, we have over 25 years of experience in the crypto world and are all passionate about guiding people through the complex world of crypto investing.