Ethereum launched in 2015 and is now the second most valuable cryptocurrency behind Bitcoin. Ethereum has been hugely successful in gambling thanks to its computational blockchain, for which there are now smart contract casinos appearing in the space. As with all new technology, adoption takes a while, and whilst Ethereum has been hugely popular for dice betting, it has had a slightly delayed launch for casinos. There are now a handful of casinos that accept Ether deposits, but that list is growing. We’ve created this list of the best Ethereum casinos below, to help you find a great place to bet. If you are interested in gambling with Bitcoin, please see our list of Bitcoin gambling sites. Show more
If you are familiar with Bitcoin betting, then betting with Ethereum will be a very familiar experience. Users can create an offline wallet using a Ledger Nano S, or an online/desktop wallet like MyEtherWallet, Jaxx or others. The Ethereum Foundation has further information, including an official wallet which can also be used as a full node for the network. Each wallet creates their own unique addresses to which funds can be received, and sending funds works in practically the same way as Bitcoin. Those unfamiliar with cryptocurrency transactions should see our Bitcoin gambling guide.
If players already have dozens of Bitcoin casinos to choose from, then why should anyone play at an Ethereum casino? Here are some of the key reasons you might choose to bet with Ether (ETH).
Bitcoin is currently suffering from a congested network. Casino deposits using BTC are subject to enormous delays. However, Ethereum casino deposits process in less than a minute, and the same anonymity applies. The speed of Ethereum deposits is one of the major attractions for many gamblers.
Ethereum’s blockchain is built with smart contracts in mind. Whilst smart contract casinos are not hugely popular yet, there are many players who prefer to play at casinos that are entirely trustless. These Ethereum casinos do not have any middlemen, and wins and losses are paid out automatically without any authorization required.
Many consider Ethereum a likely contender to take Bitcoin’s place as the top cryptocurrency in the market. If this were the case, the value of Ethereum’s currency (Ether) would rise several fold; meaning that any winnings made whilst gambling today will potentially be worth a lot more in the future.
As mentioned, the list of Ethereum casinos is still small as we are in the early stages of this cryptocurrency. However, our highest rated gambling site – Betcoin – introduced Ethereum to their casino in February 2017. It is likely that we will see more and more casinos accept this form of deposit and withdrawal in the coming months. Below you can find an up to date list of the best Ethereum casinos, as well as reviews that may help you to decide on your next deposit! Show less
Ethereum has been adopted by some of the largest Bitcoin casinos in the industry, and new casinos are being built from the “ground up” using Ethereum smart contracts. Select any of the Ether-based games below to learn more about gambling with this revolutionary cryptocurrency.
