Is Ethereum Gambling Legal? 12 Safe ETH Gambling Sites 2022

ethereum gambling legal

Have you heard about Ethereum betting, and now you want to jump aboard the hype train? Not sure whether it’s legal? If so, you’re in luck because crypto betting is 100% safe, and betting with it is a joy because it enables fast transactions!

If you don’t know much about Ethereum gambling, don’t worry—you’ve come to the right place. Our article will give you all the necessary details you need to know before betting with Ethereum. So, keep on reading to find out:

  • Is Ethereum Gambling Legal?
  • 4 Benefits of Gambling With Ethereum
  • 10 Things to Consider When Picking an Ethereum Gambling Website

And more! Let’s get started.

Is Ethereum Gambling Legal?

The first thing we should make clear is that Ethereum is only another means of exchange. This means that it has nothing to do with crypto gambling legality.

Whether gambling with Ethereum is legal or not depends on where you live. First, it can be illegal to use cryptocurrencies for any type of payment in certain countries, which includes making deposits on crypto betting sites.

Second, in some countries, gambling itself can be illegal, whether with Ethereum, cash, or any other currency.

That’s why you should check your country’s government’s policies on cryptocurrencies and online gambling. In the case that both are legal, that means you can safely gamble with Ethereum.

Lastly, you can also check the legality of Ethereum gambling by visiting the site you want to bet on. If they have a betting license in place for your country of residence, you’re good to go. To get a license, a casino must meet specific laws and requirements before offering you the right to gamble.

4 Benefits of Gambling With Ethereum

Now, you might be wondering why Ethereum betting would be such a good idea. There are numerous benefits to gambling with this cryptocurrency, including:

  • Fast transactions
  • Anonymity
  • Low cost
  • Plentiful bonuses

#1. Fast Transactions

With Ethereum, you’ll be able to cash out faster than you know!

One of the biggest reasons people like Ethereum gambling is how quickly you can make transactions. You can set up your account, make deposits, and withdraw your winnings in just seconds.

No one wants to wait long to receive the money they just won at the casino. Instead of waiting a few days for bank transactions to go through, you can legally gamble with ethereum and avoid wait times. Then, you have more time to spend on other activities, such as maximizing the return on your bets.

#2. Anonymity

Let’s face it: no one likes to share too much of their personal information, especially nowadays, when every other website is out to get your cookies and data. The upside of Ethereum gambling is that you can set up your account and payment method without undergoing identity verification. You only need to add your email address and connect your crypto wallet, and you’ll be good to go!

#3. Low Cost

With conventional payment processes, a certain percentage of your invested money goes to paying fees, whether it’s each time you cash out or make a deposit. Although the processing costs for traditional payment methods are getting smaller by the day, they can still accumulate.

With Ethereum, transaction fees are even lower, so you won’t lose a fortune on making deposits or withdrawing your winnings!

#4. Plentiful Bonuses

Everyone and their mother loves a good old bonus. Ethereum is still young, and the gambling industry wants to attract more players, which means there are numerous bonuses you can expect to receive. These bonuses come in the form of deposit matches, free spins, cashback, etc.

10+ Best Ethereum Gambling Websites

1.

n1bet logo white

N1Bet

9.76

✅ Generous welcome bonus

✅ Wide range of accepted cryptocurrencies

✅ Sports and live betting options

BONUS

Up to €400 + 200 Free Spins

2.

7 bit casino logo

7Bit

9.52

✅ 5000+ exclusive BTC Games

✅ Retro casino aesthetic

✅ Robust VIP program

BONUS

1.5 BTC on first deposit,
1.25 BTC on second + third deposits

3.

BitCasino.io Logo

BitCasino.io

9.52

✅ 2 minute withdrawal time

✅ Huge selection of quality games

BONUS

Free spins, chips , & automatic cash rewards

4.

red dog logo

Red Dog

9.52

✅ Well-designed website + mobile app

✅High-quality RTG games

✅24/7 bonus promotion

BONUS

225% bonus + extra 20% for BTC deposits

5.

bitstarz logo

BitStarz

9.52

✅ 3000+ exclusive BTC games section
✅ Excellent mobile gaming app

BONUS

5 BTC or €/$500 + 205 Free Spins

6.

intertops logo

Intertops

9.52

✅ Exclusive mobile rewards

✅ New game promotions

BONUS

125% up to $1000

7.

betonline logo

BetOnline

9.52

✅ Sports and esports betting with high odds

✅ Variety of bonuses up to $3000

BONUS

Up to $1000

2.

7 bit casino logo

7Bit

9.76

  • Generous welcome bonus
  • Wide range of accepted cryptocurrencies
  • Sports and live betting options

BONUS

Up to €400 + 200 Free Spins

1.

n1bet logo white

N1Bet Casino

9.76

ACCEPTED CRYPTO

BONUS

Up to €400 + 200 Free Spins

n1bet homepage

Cryptocurrencies: Bitcoin, Litecoin, Tether, Dogecoin, Ethereum

Safety: N1Bet is very dedicated to your data protection. They use 128bit SSL encryption with an additional PGP protocol for extra security. Players are also given the option to add an extra security measure by activating the two-factor authentication (2FA) to protect their accounts.

Reputation: N1Bet is licensed and regulated by the Curacao eGaming Authority and has an excellent track record of customer satisfaction and safety. Their dedicated customer support team provides 24/7 support.

Games: Another reason why N1Bet is one of the best crypto gambling sites is its innovative bookmaking. Players have a wide range of sports, esports, and live betting options to choose from, as well as over 2500 casino games. You can enjoy modern slot games such as Mega Moolah or Atlantic Megaways, provided by some of the best developers in the industry such as Microgaming or NetEnt.

Bonuses: N1Bet offers a welcome package of up to €400 that can be withdrawn immediately after winning a bet (no need to wager the bonus) + 200 Free Spins.


2.

7 bit casino logo

7Bit Casino

9.76

ACCEPTED CRYPTO

BONUS

Up to €400 + 200 Free Spins

7 bit casino

Cryptocurrencies: Bitcoin, Dogecoin, Litecoin, Ethereum

Safety: 7Bit provides 128-bit encryption to secure their site and protect your personal data and transactions.

Reputation: 7Bit has been around since 2014 and has garnered a cult following of dedicated customers due to their nostalgic retro vibe and consistent quality. They are also fully licensed and regulated by the authorities of Curacao.

Games: This one really stands out from the crowd just with the sheer size of their game library. 7Bit offers a vast and exclusive selection of over 5000 Bitcoin games, including slots, poker, blackjack, and roulette.

Bonuses: 7Bit gives players a 1.5 BTC bonus on their first deposit, 1.25 BTC on the second and third deposits, and 1 BTC on the fourth. They also provide a generous 200 free spins.


3.

BitCasino.io Logo

Bitcasino.io Casino

9.76

ACCEPTED CRYPTO

BONUS

Free spins, chips , & automatic cash rewards

Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Tether, Ripple, Tron, Ada, Doge

Safety: Bitcasino is a fully audited online casino that goes to great lengths to protect its customers. Their site is secured with SSL encryption and you can add an extra protection layer to your account through two-factor authentication.

Reputation: Bitcasino is licensed and regulated by the authorities of Curacao and has a solid reputation to uphold. They care a great deal about customer satisfaction by providing excellent customer support and a record 2 minute withdrawal waiting period.

Games: Bitcasino has an amazing range of games, with over 2300 to choose from! From jackpot slots, roulette, blackjack, baccarat, video poker, or video Bingo, they have it all.

Bonuses: Though Bitcasino does not offer any welcome bonus, they do have a lucrative loyalty program that awards regular players with free spins, chips, and cash rewards.


4.

red dog logo

Red Dog Casino

9.76

ACCEPTED CRYPTO

BONUS

225% bonus + extra 20% for BTC deposits

red dog casino homepage

Cryptocurrencies: Ethereum, Bitcoin

Safety: Red Dog is very serious when it comes to protecting its customers. It secures its website using cutting-edge 256-Bit SSL encryption, premium antivirus suites, and advanced fraud-prevention systems.

Reputation: Red dog is licensed by Curacao – ArbathSolutions and is dedicated to customer satisfaction, with a 24/7 customer support service available to all players.

Games: Red Dog provides over 200 top-notch casino games developed by some of the most well-respected providers, such as RealTime Gaming and Visionary iGaming.

Bonuses: Red Dog stands out with its truly generous promotions section. It offers a
225% welcome bonus (with an extra 20% for BTC and Neosurf deposits) that can be redeemed up to 5 times!


5.

bitstarz logo

BitStarz Casino

9.76

ACCEPTED CRYPTO

BONUS

5 BTC or €/$500 + 205 Free Spins

bitstarz casino homepage

Cryptocurrencies: Bitcoin, Dogecoin, Litecoin, Ethereum, Tether

Safety: Bitstarz spares no expenses when it comes to safety. They employ the very best encryption technology to protect their customers’ data. For an added layer of security, you can use two-factor authentication on your account.

Reputation: Reputation is everything to Bitstarz Casino. They have won many awards from the world’s leading Bitcoin gambling authorities and are dedicated to keeping their customers satisfied. Like many of the best crypto gambling sites, they are also certified and regulated by the authorities in Curacao.

Games: Bitstarz is also very serious about customer satisfaction when it comes to its games. They employ over two dozen software developers to bring you over 3,000 Bitcoin games, including slots, table games, and live casino games.

Bonuses: Their welcome bonus is up 5 BTCs or €/$500, as well as up to 205 free spins.


6.

intertops logo

Intertops Casino

9.76

ACCEPTED CRYPTO

BONUS

125% up to $100

Cryptocurrencies: Bitcoin, Bitcoin Cash, Litecoin

Safety: Your personal data and banking information is secured at Intertops with SSL encryption.

Reputation: Licensed by the Kahnawake Gaming Commission, Intertops has one of the longest histories in the online casino business, dating all the way back to 1996. You can say they’ve been around the block and know all the ins and outs of the gambling world. They are dedicated to keeping their customers coming back with their excellent 24/7 customer support live chat.

Games: They provide a wide range of slots, as well as several solid tabletop games such as roulette, blackjack, and poker. These games are developed by software providers such as WGS Technology and Realtime Gaming.

Bonuses: Intertops offers a generous welcome discount of 125% that goes up to $1000 on your first deposit, along with several other rewards for loyal customers. They provide a special mobile reward every week worth up to $100, as well as a new game almost every week with its respective bonuses.


7.

betonline logo

BetOnline Casino

9.76

ACCEPTED CRYPTO

BONUS

Up to $1000

betonline casino homepage

Cryptocurrencies: Bitcoin, Ethereum, Litecoin, Bitcoin Cash, Stellar

Safety: BetOnline uses SSL encryption to protect player information and ensure secure transactions.

Reputation: This is also one of the oldest online casinos on our list that has been operating since 1991. Licensed and regulated by the gaming commission in Panama City, BetOnline has proven to be a reliable and trusted online casino throughout its many years in the industry.

Games: BetOnline is mainly focused on betting on some of the most popular sports, such as basketball, football, MMA, and even esports. However, it also provides some slots table games, live games, and even scratch-off and Bingo.

Bonuses: BetOnline offers a welcome bonus of up to $1000.


8.

Slots-Empire logo

Slots Empire Casino

9.76

ACCEPTED CRYPTO

BONUS

100% deposit match bonus for a $30 BTC deposit

slots empire casino homepage

Cryptocurrencies: Bitcoin, Ethereum

Safety: Slots Empire uses SSL encryption to secure customer data and transactions.

Reputation: Slots Empire is licensed by the Government of Curacao and has a solid history of customer satisfaction. They provide a dedicated customer support team that can be reached 24/7 via live chat as well as hotlines.

Games: Though Slots Empire doesn’t have the biggest games library, they do offer some quality slots, table games, and live casino games developed by RTG games and Visionary iGaming. As an added perk, you can even try any of these games for free using their demo mode.

Bonuses: This casino offers a bonus like no other. You get a redemption-free, limitless code that gives you a 100% deposit match bonus for a $30 BTC deposit, 120% for up to $75 BTC, or 150% for up to $150 BTC


9.

ignition casino logo

Ignition Casino

9.76

ACCEPTED CRYPTO

BONUS

Bitcoin welcome bonus of 150% up to $3000

ignition casino homepage

Cryptocurrencies: Bitcoin, Bitcoin Cash, Bitcoin SV, Ethereum, Litecoin

Safety: Ignition’s connection is secured using an SSL-encrypted connection, keeping your personal data and transactions protected.

Reputation: Though Ignition does not have an official license, it has been around for a while with no major customer complaints registered. They also work with some of the most well-known gaming companies in the industry.

Games: Ignition has a library of over 300 casino games and offers a $2 million weekly poker prize pool.

Bonuses: Ignition has a unique Bitcoin welcome bonus of 150% up to $3000.


10.

mBit Casino logo

mBit Casino

9.76

ACCEPTED CRYPTO

BONUS

Bonus of 110% up to 1 BTC.

mBit Casino Homepage

Cryptocurrencies: Bitcoin, Bitcoin Cash, Ethereum, Dogecoin, Tether, Litecoin

Safety: Your personal information and transactions are secured with Encryption.

Reputation: Licensed by the authorities of Curacao, mBit has been around since 2014, providing quality gaming and excellent customer satisfaction.

Games: There are many games to play at mBit, including bitcoin slots, roulette, baccarat, blackjack, live games, and even the lottery. You can also take part in their Bitcoin casino tournaments with no wagering requirements.

Bonuses: They provide a welcome bonus of 110% up to 1 BTC.


11.

cloudbet casino logo

CloudBet Casino

9.76

ACCEPTED CRYPTO

BONUS

100% up to 5 BTC/BCH/ETH welcome bonus.

Cryptocurrencies: Bitcoin, Ethereum, Dogecoin, Tether, Bitcoin Cash, USD Coin, Paxos Standard, PAX Gold, Chainlink, Dai, and more.

Safety: CloudBet uses the latest SSL encryption technology to protect your data and secure your transactions.

Reputation: Operating since 2013, CloudBet is licensed and regulated by the authorities of Curacao. It is a fully audited site that is guaranteed to be fair to its customers.

Games: Although Cloudbet Casino is more focused on sports betting, they do boast some fantastic live table games as well.

Bonuses: They offer a 100% up to 5 BTC/BCH/ETH/PAXG welcome bonus.


12.

stake casino logo

Stake Casino

9.76

ACCEPTED CRYPTO

BONUS

15% lifetime Rakeback

Cryptocurrencies: Bitcoin, Dogecoin, Litecoin, Ethereum, Bitcoin Cash, Ripple, Tron, EOS, and more

Safety: You can protect your Stake account using two-factor authentication.

Reputation: Licensed by the Curacao eGaming Authority, Stake has a history of excellent customer satisfaction. It is also a verified member of the Crypto Gambling Foundation, which guarantees that all its games are provably fair.

Games: They offer a pretty vast selection of 1,021 games, including 16 that are developed exclusively for Stake.com. But perhaps the most enticing feature is their incredibly high Return To Player percentage, which reaches 99% for some games.

Bonuses: Stake doesn’t provide any welcome bonuses at the moment, though you can receive a 15% lifetime Rakeback. It’s available with a special promo code that users apply when signing up.

10 Things to Consider When Picking an Ethereum Gambling Website

Can’t seem to decide which gambling website to pick? Knowing what to consider before determining may go a long way, so we’ve listed what you should keep in mind when choosing the best Ethereum casino for you.

#1. Restricted Countries

When picking an Ethereum gambling website, you’ll want to check whether it’s got the required licenses for your country. If a casino doesn’t have them, it means that it could be risky and unsafe for you to gamble with your Ethereum there.

This is why you should always only bet on websites that have the required licenses. So, check the “Rules and Regulations” section of the website, and you’ll be golden!

#2. Reputation and Trust

Betting on a website you can’t trust is always a bad idea. To see if you can trust a gambling site, you should do a quick Google search and read some of the reviews. They should be enough to tell you whether a website has a decent community and respects its users.

#3. Provably Fair

Firstly, let us explain Provably Fair technology real quick. In layman’s terms, it’s a software algorithm enabled by blockchain that proves a third party isn’t tampering with your bets. It works by providing you with a code before your roll and another afterward, so you can compare them. You can rest assured that everything’s okay if the two codes match.

You can see how this might come in handy and why you should always check whether your desired Ethereum gambling sites use Provably Fair technology.

#4. Payout and Withdraw Speeds & Terms

People love using Ethereum for gambling because of the fast transaction speeds it allows for. But transaction speeds still come down to individual casinos.

That’s why you should check what the reviews say about the website you want to gamble on. Look out for recurring issues, check whether their payouts are timely, etc. This will ensure that the casino indeed supports fast deposits and payouts with Ethereum.

#5. Games Available

Everyone has their most and least favorite games. When choosing an Ethereum gambling site, you should check their selection of games and see whether there’s something you like.

You should also remember that any great online casino has a vast pool of available games, which is why you shouldn’t settle for anything less. Our list of sites should keep you busy for days, as there’s a wide range of games you’ll be able to gamble on at any of these Ethereum casinos (legally).

#6. VIP Programs and Bonuses

With Ethereum betting, you’ve got the biggest chance to score loads of bonuses. If you want to enjoy faster payments and withdrawals, better payout rates, higher jackpots, and more, the best idea is to join a casino’s VIP program.

Check the bonuses and VIP programs the gambling website offers, and see whether they are a good fit for you. Finding the right website can prove the difference between logging off empty-handed or with full pockets!

#7. Customer Service

Solid customer service is a staple of any online casino. If something happens to your Ethereum deposits, or if you’re experiencing a delay in your payout, you’ll want to have someone to resolve your issues.

That’s why you should always check out what customer service is like at an Ethereum gambling website. See whether they take inquiries over the phone or via email, how fast their response time is, how many hours they’re available, and so on. You can find this information in casino reviews online.

#8. Security

When it comes to gambling sites, security is naturally one of our top priorities, and it should be yours too. Betting on a website that’s not secure is like asking for financial trouble, so you should always check how secure the online casino of your choice is before betting on it.

To verify that security measures are in place at an Ethereum gambling site, you should check whether the site is encrypted, whether it’s licensed, and whether it had any security breaches in the past.

#9. Reputation

The proverb “you shouldn’t judge a book by its cover” is more than relevant when considering an Ethereum gambling website. An online casino might meet all your standards and be presented in such a way that it appears perfect. However, it might have a bad reputation among the gambling community, which you cannot tell just by the looks of the casino.

So, when looking for an Ethereum gambling website, check whether it has had any public disputes or faced any significant issues in the past.

#10. Player Pools

If you want to play games such as poker with Ethereum, you’ll want to have as many players around you as possible. A decent pool of players ensures that you always have someone to play with and can even engage in live tournaments. So, before opting for an Ethereum gambling website, see how many people play on its tables, as you don’t want to gamble in a ghost casino.

How We Rate the Best Ethereum Gambling Websites

If you’ve gone over our list of the best Ethereum gambling websites, you’re probably wondering how we rated them. What makes a website the “best” if it’s purely subjective?

However, to determine how good a website is, we consider many factors, such as:

  • Licensing and Legality: The first and most important thing we consider is whether a website has all the required licenses as we want our readers to bet safely.
  • Restricted countries: The fewer restricted countries an online casino has, the better, as more of our readers can visit it.
  • Customer Service Channels: The number and quality of customer service channels directly influences the response time for inquiries, which is why we take this into consideration.
  • Security: If a gambling website has two-factor authentication or any other high-level security measure, we will factor it into our ranking.
  • VIP Programs and Bonuses: We want to ensure our high roller readers can enjoy VIP program benefits at the top Ethereum gambling sites, so we rank websites that have a good one.
  • Payout Speed: This is more than logical, but sites with high payout times naturally make for a better gambling experience.
  • Games Available: The wider the selection of games an online casino has, the better. We want our readers to enjoy playing at the legal Ethereum gambling sites we suggest, and that they don’t get bored after playing one game.
  • Provably Fair: Provably Fair technology is a must nowadays, so we take it into consideration.

Ethereum Gambling: Pros & Cons

Can’t seem to decide whether to get into Ethereum gambling? If so, you should compare its benefits and advantages and see what works best for you.

We’ve made a list of all the pros and cons to help you see if Ethereum gambling is for you.

Ethereum Gambling Pros

  • More Control: Cryptocurrency is stored in decentralized wallets that allow P2P (peer-to-peer) transactions. This means that you can send or receive Ethereum anywhere in the world without the intervention of an intermediary.
  • More Privacy: As you aren’t required to provide personal information upon signing up to online casinos, you’ll be betting anonymously.
  • Fast Transfers: Cryptocurrency transfers are incredibly fast with minimal fees implied.

Ethereum Gambling Cons

  • Limited Support: With the perk of having a decentralized wallet comes the con of not having centralized support. This means that all transactions are final, and you must be extra careful when making deposits.
  • Conversion Fees: Spending your winnings might require you to convert your crypto to fiat currency, meaning you’ll have to face some conversion fees.

Ethereum Gambling Sites FAQs

Do you still have any unanswered questions regarding Ethereum gambling sites? If so, don’t worry—we’ve answered the most frequently asked questions, such as:

#1. Is Ethereum Gambling Safe?

The short answer is, yes, Ethereum gambling is completely safe. Still, you should always verify that the Ethereum gambling site you’re visiting is licensed and has security measures in place before making any deposits.

#2. What Online Casinos Accept Ethereum?

We’ve made a list above of 10+ great online casinos that accept Ethereum. You can find more by conducting a quick Google search or checking our other articles on the best Ethereum gambling sites.

#3. How Can I Deposit Money on an Ethereum Gambling Site?

To deposit money on Ethereum gambling sites, you should head to the Cashier section of the website. There, you can input your Ethereum wallet address and connect it to your account. After that, you are ready to make a deposit using your Ethereum.

#4. Can I Gamble With Ethereum on My Phone?

Whether you can gamble with Ethereum on your phone depends on the online casino you opt for. If the gambling site of your choice has a mobile app, you can bet with Ethereum on your phone. In any case, you’ll easily be able to find mobile-friendly casino sites in our list in this article.

#4. What Is the Best Ethereum Gambling Site?

Check out our compilation of the 12 best Ethereum sites above in the article, and read through our tips on choosing an Ethereum gambling site to choose the best one for you.

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