Legal Ethereum Gambling In The United States
Legal Ethereum betting is gaining momentum in the US for several reasons. Online gambling can be difficult for US bettors when it comes to making successful deposits and withdrawals. This is due to the Unlawful Internet Gambling Enforcement Act (UIGEA) and its monitoring of banks and other financial institutions.
However, modern technology has created several new avenues for funding their online gambling through cryptocurrencies. Many online gamblers have begun using Ethereum (ETH) to play online casino games, to play online poker, and placing wagers on sports.
This page was created specifically for those interested in Ethereum online gambling. You will find information on the legalities of gambling with Ethereum, the top-rated sites hosting Ethereum casinos, poker and sports betting and a supplementary FAQ section with information on what Ethereum is, the advantages of gambling with Ether and much more. Be sure to check out our other pages for more specific resources.
Is It Legal To Gamble With Ethereum?
Yes. The UIGEA pertains to banks and other financial institutions. It specifically monitors how they process gambling related transactions. This law does not make online gambling illegal, but does make transactions complicated. Some US bettors are unable to use their credit/debit cards to fund their online gambling accounts. The most important thing to note is that the UIGEA has no mention of cryptocurrencies such Ethereum being illegal. There are no other federal laws barring US residents from using licensed offshore gambling sites.
Best USA Accepted Ethereum Gambling Site
BetOnline Sportsbook & Casino
Claim Up To $3000 Bonus
BetOnline is a top brand that accepts Ethreum and other cryptocurrencies from USA players. They have developed a reputation for fast payouts, fair games, and US-friendly banking options. They also hold compliance records showing that their games have been tested from a trusted gaming commission.
BetOnline offers sports betting, casino games, poker tables, and more from a single user account. They also utilize the latest security features, offer multiple bonus options, and offer assistance from three separate sources. Users will also find a 100% Ethereum Bonus Up To $1000.
- US Friendly
- Deposit Easily With Your Credit Card, Ethereum, Or Other Cryptos
- Fast And Reliable Payouts Guaranteed
- Bet On Casino Games, Poker, Sports And More All With 1 Account
- No Visa Withdrawals
- Not available in New Jersey
Online Betting Sites Accepting Ethereum Deposits
Buying Ethereum With PayPal Will Soon Simplify Online ETH Betting
In late 2020, PayPal finally announced that it will allow users of its platform to buy the Ethereum cryptocurrency right within the PayPal app itself. This promises to be a major benefit to players who wish to purchase Ethereum with which to deposit at legal online betting sites.
Before, acquiring ETH and other cryptocurrencies required several steps and long waits. Now, with PayPal Ethereum support, that hurdle is could soon be completely removed. If you have a PayPal account, you can quickly, safely, and securely buy ETH using the popular P2P instant-pay platform.
That said, at launch, there is a caveat: PayPal is not allowing outgoing transfers of any Ethereum purchased inside the PayPal app. This appears to be a mitigating approach meant to ease the adoption of PayPal crypto services, and we expect the restriction to be lifted in the near future.
Once that happens, there is still a chance that PayPal will restrict the transfer of Ethereum to legal online gambling outlets, though this is unlikely. However, should the brand make such a move, that doesn’t really matter, as it will be trivial to simply send your Ethereum from PayPal to an online crypto exchange (Coinbase, Bittrex, etc.) or to an ETH wallet, from which you can then make direct deposits at your online casino, sportsbook, or poker room of choice.