Ethereum at esports betting sites pros & cons
Advantages
- Super quick transactions – even quicker than Bitcoin
- Deposits and withdrawals are very safe
- Your transactions are private and can be anonymous
- Unlimited supply of Ether coins (as opposed to Bitcoins, which are finite)
Disadvantages
- Market value of Ethereum can go up and down
- There may be fees on transactions
How to find the best Ethereum esports betting sites
The best Ethereum esports betting sites outlined on the on-site banners here all meet a set of specific assessment criteria, which I’ve outlined below. There are no guarantees in life but judging a site against these markers gives you the best chance of a positive betting experience.
Is the site fully licensed, and does it have a good reputation?
The most important part of picking any gambling site, esports or otherwise, is to check that it is properly licensed. That means it’s permitted to offer gambling and has been audited by independent verifiers and shown to be safe.
I’ve taken it upon myself to poke into the credentials of all of the sites listed and can report that they all have stellar reputation and full license. So you can sign up to any of them with confidence.
How good are the betting options? Can you make a range of bets?
As well as a good coverage of individual games, a great betting site provides a range of bet types. Again, these are a bit more limited compared to other sports, but punters can still find a good mixture to choose from. Some
Bitcoin CS:GO betting
sites might let you make more game specific wagers, such as first kill, but these are some of the most popular general bets that you’ll find at the majority of sports betting platforms:
| Bet type | Meaning |
| Match winner | The most frequently found bet, and the most straightforward, lets you pick the outright winner of a match. |
| Tournament winners | If you fancy a longer wager, you could always place a bet on the overall winner of a tournament.
Tournaments in esports are usually shorter than in other sports such as football, so you won’t have as long to wait for your result. They can also give you better odds than a wager on a single match outcome. |
| Map or round winner | If you’d rather opt for a shorter turnaround for your bet, you could consider staking on the individual round (called maps in CS:GO). |
| Futures | The busy esports schedule opens up a whole world of futures markets. Popular options include a wager on the winner of a future tournament or match. |
| Props | Prop bets in esports can include betting on the next player to make a kill, or the highest scoring player in the whole game. |
What esports does the site offer? Is there a good game variety?
Betting options in esports are not as numerous as you’ll find in other sports such as football or basketball yet. But the market is growing at a pace. Esports fans will find a lot of the most popular games included on the best platforms, from CS:GO to DOTa2, FIFA to LoL, and many more.
How competitive are the odds against the rest of the industry?
Just like non crypto sites, the odds at Ethereum esports betting platforms can vary a lot. As the available odds influence how much you can win, it’s important to seek out a site with odds that are refreshed regularly and in line, if not better, than the market average.
What’s the overall user experience like?
The overall experience of betting at an Ethereum esports betting site is about more than the odds and markets available. It also encompasses the following areas:
Can you use the sportsbook on your mobile? Is the site reliable?
If an esports betting site buffers, if it lags, or freezes, then it doesn’t matter if it has the best odds or the biggest number of markets. It ain’t going on my list.
Is there customer support if you need it?
Good customer support can often be the difference between having an excellent experience or stamping on your phone in frustration. The best esports betting sites have a number of ways to get in touch, including email, phone, social media, and a live chat tool.
Is there a welcome bonus for new players?
All of the best Ethereum betting sites will have a welcome deal for new players. This could be a deposit match, free bets, or insurance on your first bet if it fails to win.
How about other rewards? Is there a loyalty programme?
Some esports betting sites extend their customer service by giving regular players a loyalty, or VIP, programme. This programme gives you points every time you play, which can then go toward rewards such as free bets, or rakeback on any losses.
Are there a few standout features?
With the growth in esports betting, lots of platforms have, if you’ll excuse the wording, upped their game in regards to special features. Now you’ll find the option to live stream esports matches and make live bets in play, and look at key stats about matches.
Try these top esports Ethereum betting bonuses
Managing Ethereum payments at esports betting sites – everything you need to know
Using Ethereum at
esports
betting sites is very easy. Once you’ve got to grips with using a crypto wallet, making payments is plain sailing.
Using Ethereum wallets
To be able to make Ethereum payments, you’ll need to have a crypto wallet. There are 2 main options which are suitable for different players depending on their crypto experience.
Hosted wallets are managed by a third party so they’re good for newcomers. Someone else will have an overview of your wallet and can help you if you make any mistakes inputting details.
Non-custodial wallets provide full proof security as you’ll be the only one who knows your password and private keys. If you make any errors, this type of wallet won’t be able to help.
Making deposits
Step 1
Log into your esports betting site. Go to the ‘Cashier’ page, and then ‘Deposit’.
Step 2
Choose Ethereum as your deposit method. Type in the amount you’d like to deposit and enter any required details.
Step 3
Hit ‘Confirm’ to complete your transaction.
Ethereum works a little differently to certain other cryptocurrencies, such as Bitcoin, because it uses smart contracts. These simplify transactions on the blockchain, making them a lot quicker than Bitcoin.
Gas fees: Every transaction using Ethereum incurs a fee, called ‘Gas fees’. This is paid in ETH. These fees are very small, but it’s important to bear them in mind when making an ETH transaction.
Withdrawing winnings
Step 1
When you want to withdraw winnings, all you’ll need to do is go to your account and navigate to the ‘Cashier’ section again.
Step 2
Press ‘withdraw’, and type how much ETH you’d like.
Step 3
Input details of your wallet address and click confirm.
Esports ethereum betting – the final word
You just can’t beat the safety and speed offered by Ethereum, even compared to other cryptocurrencies. For example, in the second it takes Bitcoin to make 7 transactions, (which is very very quick), Ethereum has made a staggering 30!
In this guide I’ve shown you how to find the best esports betting sites accepting Ethereum, and given you some background on getting started. But, I’d always recommend that you do your own research before jumping in. Read through the guides on GameChampions, and spend some time getting comfortable with crypto, and you’ll give yourself the best chance of a safe and enjoyable betting experience, with a few wins hopefully coming your way too.
The only esports Ethereum bookmakers you’ll ever need
Ethereum esports betting sites FAQs
📺 Can I watch live matches at Ethereum esports betting sites?
Some top Ethereum accepting betting sites do have the option to watch esports live, and to place live, in play bets. These features are quite new but bring esports in line with other sports offerings. From a gambling perspective, it means you can stay right up to date with the action and adjust your stake for every kill, shot, or knife throw.
All of the best Ethereum esports betting sites will give new players a welcome bonus. This could be a deposit match, free bets, or a mixture of deals, with potentially a few free spins on selected slots thrown in if the sportsbook has a casino.
These bonuses may not be specific to esports but you’ll usually find that esports are included in the terms. Make sure to check that Ethereum deposits are eligible as cryptocurrencies don’t always qualify. On the other hand, you might find a few bonuses that are only eligible for crypto!
🔎 Which esports betting sites accept Ethereum?
There has been an explosion in both the number of esports betting sites, and their range of accepted payment methods. Now, punters will find not one or two crypto platforms to choose between, but a whole host of knockout options of Ethereum, Dogecoin, and
Bitcoin esports betting
sites.
