Legal Ethereum Casinos For 2022
Learn how Ethereum casinos work and the best sites to play real-money online casino games with ETH crypto coins.
Crypto casinos have been around for years now, and Bitcoin’s no longer the only game in town. In fact, all the biggest legal online Bitcoin casinos are also legal online Ethereum casinos, and gamblers the world over have several things to consider when it comes to using Ethereum (stock symbol ETH) to bet real money online. Because, more than any other crypto gambling banking option, Ethereum online gambling is a double-edged sword.
On one hand, ETH has incredible investment potential and is the most widely used crypto on the market. On the flipside, ETH is easily the most expensive and slowest cryptocurrency going. In the end, whether the ETH pros outweigh the ETH cons for legal betting online will be up to your individual needs. But don’t worry – we’re here to help make that decision as ETH-y as possible!
Are Ethereum Casinos Legal In The United States?
Yes! All the major online casinos that operate outside US borders accept Ethereum as a matter of course, and there are no US gambling laws that prevent American players from signing up and betting real money online with these operators.
Remember, such laws are only applicable to domestic casino operators and never target individual players.
Similarly, because ETH is perfectly legal to use for all lawful transactions in the US and abroad, you never have to worry about breaking the law when you want to gamble at online Ether casino sites.
Best Ethereum Casino For 2022
Score Up To $3750 In Ethereum Betting Bonuses
Bovada is almost always the market leader when it comes to new online casino features, game technologies, and payment options. However, the site was actually the last major operator to roll out Ethereum crypto support in its banking menu.
Luckily, Bovada Ethereum options finally launched in 2021, which means ETH gamblers can now enjoy one of the best, most advanced online casinos on the market. With over 250 RNG and live-dealer casino games – along with every other betting market you can imagine – Bovada is your one-stop-shop for Ethereum gambling of all kinds.
Real Time Gaming + Rival
Bovada Accepts Players From Most USA States
Operates legally out of a legimate international gambling jurisdiction (Costa Rica)
Credit cards and cryptocurrencies accepted
Fast and reliable payouts guaranteed
Generous $3,000 casino bonus
Only US, Mexico and Brazil players accepted
Residents of DE, MD, NJ, NV, NY not accepted
Limited deposit options compared to other sites
Highest Rated Online ETH Gambling Sites
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How Do Online Ethereum Casinos Work?
In practice, the only difference between legit Ethereum gambling sites and regular online casinos that limit their banking options to legal online Visa deposits, Mastercard, cashier’s checks, and/or bank wires is that with ETH casinos, everything’s just more streamlined. You get 100% deposit success rates with zero UIGEA interference, enhanced Ethereum casino bonuses, and access to same-day payouts.
For new crypto casino gamblers, ETH gambling also allows for a fast, comprehensive introduction to the Ethereum blockchain network and Ethereum investing in general.
Otherwise, of course, ETH casinos work just like legal online casinos in general: Simply sign up as normal, verify your account, and instead of putting in your credit or debit card number to move cash into your account, you’ll use your Ethereum wallet to send ETH coins to your online casino cashier.
Our Experience Using Ethereum To Fund Online Casino Gambling
At LBO, we play with every site we recommend, and we almost always bet with crypto. And since we’re crypto investors ourselves, we make it a point to hold – and use – all the different crypto coins supported by the gambling sites we cover.
Sometimes that works in our favor, and sometimes it doesn’t. So while we can’t blame ETH for a bad run at the tables or the slots, we can assess Ethereum’s value as a mode of bet funding compared to the other available options. And Ethereum – more than any other crypto gambling option – is a mixed bag.
On the one hand, we’ve made some real money on Ethereum as an investment. It’s got one of the best and most reliable track records for the growth of any crypto coin, and if you don’t hold ETH, you’re definitely making a mistake. To that point, we’ve always held our ETH payouts in ETH itself, allowing our withdrawals to appreciate as the Ethereum price goes up. For a long time now, ETH has been literally free money for us.
On the other hand, Ethereum isn’t the best crypto for online gambling in a vacuum. That is, if you’re only using ETH for the purpose of funding your casino bankroll, you’re making a mistake.
Ethereum transfers cost way more than other common gambling cryptos, which can really eat into your bottom line. ETH transactions also take much longer than other crypto transactions, which means you might not get your account topped up in time to enter tonight’s online slots tournament or online blackjack tournament. That’s happened to us a few times, which is why Ethereum gamblers always need to plan ahead.
Ultimately, the main reason to stick with ETH as an online casino gambling option is that it’s still the safest crypto out there (aside from Bitcoin, though this is actually debatable).
That said, Ethereum 2.0 – which is slated to launch in late 2022 or early 2023, is going to transition the ETH network from PoW to PoS, which should go a long way toward making it substantially faster and less expensive (and effectively more in line with Cardano casino gambling, Binance Coin gambling, or online casino betting with Shiba Inu).
What Types Of Games Are Available At Ethereum Casinos?
All the top crypto casino sites offer the same general selection of games, though different venues are partnered with different online casino software brands. One Ethereum casino may offer nothing but top-rated Realtime Gaming games, while another may exclusively host popular Betsoft games or Nucleus titles.
That said, every site’s emphasis tends to be on legal online slots first and foremost, with online blackjack, online roulette, and other classic table games rounding out their portfolios. Each venue also hosts a legal live-dealer online casino with games powered by Visionary iGaming and/or Fresh Deck Studios.
Also, these games only really differ in terms of their themes and presentations. Regardless of which ETH casino site you choose, all the games on offer are regularly audited, certified for fair iGaming compliance, and give you legitimate, real-world win rates.
How To Play Real Money Casino Games Online With Ethereum
The main thing you need in order to bet online at legit Ethereum casino sites is – you guessed it! – Ethereum. Luckily, ETH is about the easiest crypto to buy, as every major exchange offers USD-ETH trades.
Just sign up at any trusted exchange (i.e. Coinbase, Binance US, Bittrex, Kraken, etc.), link your bank account or credit/debit card, and buy as much Ethereum as you want. Our only advice here is to buy ETH when the Ethereum price is trading below its a weekly or monthly average.
Then, to send your Ethereum to any reputable online ETH casino – or to claim ETH payouts when you’re ready to collect your winnings – simply follow the instructions in the next sections.
How To Make Ethereum Casino Deposits
- Follow any link here to a legal online Ethereum casino site and click/tap the “Join Now” or “Sign Up” button.
- Enter in all requested personal information, taking care to use only real, verifiable data. All online ETH casinos employ cutting-edge KYC standards to guarantee members’ financial privacy.
- Choose the Ethereum crypto option from your site’s cryptocurrency deposits menu and copy down your site’s “Ethereum sending address.” You can also activate an optional crypto gambling bonus at this time.
- In your ETH exchange account or private ETH wallet, choose the “Send” option and paste the above Ether address into the appropriate field.
- Enter the Ethereum amount you’d like to transfer to your online casino and submit the form.
How To Claim Ethereum Casino Payouts
- Navigate to your site’s cashier page and select the ETH payout option from the casino withdrawals menu.
- Open your Ethereum exchange account or private Ethereum wallet and choose the “Receive” option.
- Copy down your platform’s unique “Ethereum receiving address” as provided.
- Back at your online casino, paste the above ETH address into the payout recipient field, enter in the amount of Ethereum you wish to claim, and submit your request.
Ethereum Casino Transaction Speeds
One of the biggest negatives about Ethereum as a cryptocurrency gambling option is its network processing speeds. Thanks to the overwhelming popularity of the ETH blockchain, Ethereum is very slow compared to most other cryptos.
ETH transfers routinely take 45-90 minutes on a good day, and they can occasionally take 12-24 hours (albeit this is the rare exception).
For most players at US legal online casinos, this shouldn’t be a big problem, but it does mean you’ll sometimes have to wait a while before you play or before you receive your money after winning.
Ethereum Casino Transaction Fees
While Ethereum is slow, that’s not its biggest issue for online gamblers. The real problem with Ethereum – and the reason why many gamblers (including ourselves, most of the time) prefer to use alternative crypto options like Bitcoin, Litecoin, Cardano, Solana, etc. – is that ETH is expensive.
Whereas most crypto transactions have native blockchain fees of fractions of a percent, Ethereum gas fees can often cost 25-30% of your total transferred amount!
There are many factors responsible for this, but in practical terms, it means you’ll need to be careful with your ETH transfer timing, and you’ll need to make sure your ETH investment strategy makes Ethereum casino gambling worth your while.
Additionally, due to ETH’s high comparative crypto fees, many sites also have higher deposit minimums for Ethereum than for other crypto coins they support in their banking suites.
Note: Other online gambling cryptos that use the Ethereum ERC-20 token framework – such as Tether (USDT) and USD Coin (USDC) – have the same fees and speed issues as Ethereum, which is something to keep in mind. The launch of ETH 2.0 should obviate these limitations by 2023 at the latest.
Ethereum Online Casino Bonuses And Promotions For 2022
Online Ethereum casino gambling – like all online crypto casino gambling – gives players extra bonuses and promotional offers for opting to deposit with ETH.
While standard online casino bonuses are par for the course at all the major sites, these venues sweeten the pot considerably when you choose to handle your casino banking with cryptos like Ethereum.
Remember, just like it’s in your favor to use Ethereum to bet online, it’s also in your betting site’s favor to use Ethereum to handle deposits and payouts. With ETH/crypto transfers, there are no middlemen, third-party services, or other proxies or infrastructure costs eating up fees at every step. It’s direct, simple, and safe.
Therefore, in order to get as many members as possible to use ETH and other crypto coins, the top sites give players enhanced crypto deposit bonuses, bigger crypto reload bonuses, special crypto referral bonuses, and more.
These are usually worth 2X-3X more than traditional online casino promos, and they often come with the same low rollover/playthrough requirements.
ETH bonuses – like all online casino promos – are 100% optional, but we’ve found that they’re generally a very good option for the majority of serious and casual players.