Ethereum Betting Sites
Our site is dedicated to helping you find the best online bitcoin and cryptocurrency betting venues out there today. You can learn how to set up your own bitcoin wallet and get started with the leading cryptocurrency websites by exploring the guides and articles on our site, but in this guide, we’ll look at another major competitor to bitcoin: Ethereum.
Ethereum is the second biggest crypto currency in the world and it has also gets the attention of sports betting companies. Bitcoin betting websites started to integrate Ethererum to their systems and added Ether as a new deposit and withdrawal option amongst with bitcoin and other altcoins.
Ethereum, like bitcoin, is a cryptocurrency based on blockchain technology – but they are not identical. In fact, there are some significant differences between the two. Whereas bitcoin’s blockchain is utilised to track the individual ownership of the bitcoins themselves, Ethereum is a decentralised platform which distributes smart contracts. These are applications designed to run with no risk of censorship, downtime, fraud, or interference from any third parties.
Smart contracts essentially act as self-running programs which perform functions automatically, whenever pre-determined conditions have been met. The platform was created by a Swiss non-profit known as the Ethereum Foundation in 2015. Ethereum’s apps run on a bespoke blockchain (like bitcoin), which empowers developers to establish their own markets, keep evidence of debts, transfer funds as agreed between two parties, and more. Ethereum’s coins are known as Ether, and can be used to pay for digital products or services like bitcoin.
With Ethereum, users can build their own tradeable digital currencies, with the overall number of ‘tokens’ being exchanged online free to be as limited as creators like. Multiple wallets have been set up to support Ethereum, including Jaxx, Ledge Nano S, Mist, and KeepKey. If all of this sounds complicated, you’re note alone. However, once you get set up with Ethereum and start spending Ether, you will find it’s actually simpler than you may imagine.
Where can you Bet with Ethereum?
There are a number of sports betting sites accepting Ether as payment, but not all of them are available to players based in the UK. Below, we take a look at the two best Ethereum betting sites available to UK players. Both are incredibly impressive and definitely worth your time!
1. Sportsbet.io (Does not accept UK players)
Sportsbet.io is the place to bet with Ethereum given that you live outside the UK. Their UK facing brand Sportsbetio.uk is just a dummy website in order to catch some traffic which might pour from their presence around their Watford FC sponsorship. I do not think that is a likely scenario but anyways, this means that you can only bet with ETH at Sportsbet.io if you are not a UK resident.
If so, please do because there is a great chance that you might enjoy it. Their website is extremely user friendly and loaded with above average betting odds and offers. They also give away 6 mBTC signup bonus which is a nice boot to your first deposit.
2. 1xBit (Does not accept UK players)
1xBit is a high-quality betting site boasting an incredible diversity of choice. There is an extensive sportsbook, slots, live casino, virtual sports, poker, and other betting opportunities. The sportsbook provides you with a vast range of markets to wager upon, with events from all around the world, while there is no service charge on cryptocurrency payments.
Either Betcoin.ag or 1xBit will keep cryptocurrency-users satisfied for hours and hours, regardless of your gambling preferences. You can learn everything you need to about starting out with cryptocurrency on our site, from discovering the top reasons to use them to the best bookmakers operating right now!
3. Betcoin.ag (Does not accept UK players)
Betcoin.ag is a stunning website with multiple sections dedicated to different areas of online wagering. There is a casino, live casino, sportsbook, virtual games, and poker. The presentation is outstanding throughout, while the sheer variety of betting options is staggering, truly offering something for everyone. Betcoin.ag takes Ether, bitcoin, and litecoin.
4. Coinbet24 (Accepts UK Players)
Coinbet24 used to offer only Bitcoin as a crypto currency but lately they have added more than 10 new cryptos. They offer deposits and withdrawals by Blackcoin, Clams, Dash, Dogecoin, Ethereum, Ethereum Classic, LBRY Credits, Litecoin, Augur, Reddcoin, Startcoin, Vertcoin and Zcash. As you can see valuable Ethereum is one of the available options.
You can learn more about using bitcoin and litecoin elsewhere on our website, as we cover everything from setting up your own wallet to reviews of the best cryptocurrency betting sites. Here you can find all the Ethereum betting sites with coinbetting.co.uk’s ratings, reviews, bonus offers and signup addresses at the table below: