After Bitcoin, Ethereum is the most popular cryptocurrency in the world. And, in actual fact, Ethereum is even more widely used than Bitcoin! As a result, most of the best offshore betting sites offer Ethereum online gambling as of 2022. That said, Ethereum isn’t necessarily the best option to use to fund your online casino gambling, online sports betting, online poker, and online horse racing activities.
While we definitely recommend offshore crypto gambling options rather than more traditional currencies and online betting funding methods (i.e. cashier’s checks, credit cards, debit cards, etc.), each crypto has its own strengths and weaknesses, and nowhere is that more evident than with Ethereum. So, is Ethereum online betting right for you? Read on to find out!
The Best Offshore Betting Sites Accepting Ethereum In 2022
|Site Name||Crypto Bonus||Payout||U.S.||Join|
|125% Bonus Max $3,750||24-48 Hours||Visit Review|
|350% Bonus Max $2500||24-48 Hours||Visit Review|
|100% Bonus Max $1000||24-48 Hours||Visit Review|
|400% Bonus Max $4,000||Up To 5 Days||Visit Review|
|100% Bonus Max $750||24-48 Hours||Visit Review|
|125% Bonus Max $3,125||24-48 Hours||Visit Review|
Types Of Legal Offshore Betting Sites Accepting Ethereum Deposits & Payouts
Thanks to the high interest and public enthusiasm for the Ethereum crypto platform and the ETH native token itself, you’ll find Ethereum support at just about all the major online gambling sites across all the main betting categories.
So whether offshore casino gambling or offshore poker gambling is your game – or whether you prefer offshore sports betting or offshore horse racing betting – you can do it all, legally and safely, with the quantum-hacking-resistant Ethereum funding option.
Offshore Online Ethereum Casinos
Most of the best offshore casinos online support ETH betting banking, including top sites like Bovada, Café Casino, BetOnline, and others. However, not all legit online casinos support Ethereum. In 2022, the Entertainment Software Group family of respected offshore casinos – including venues like Roaring21, Casino Max, and Cherry Jackpot – dropped support for the asset.
While these sites still accept other cryptocurrencies such as Bitcoin, Bitcoin Cash, Litecoin, and Dogecoin – they’ve removed ETH from their banking menus for now. We suspect they’ll add Ether support again once Ethereum 2.0 launches as a more efficient Proof-of-Stake (PoS) crypto coin sometime in late 2022 or early 2023.
All that said, ETH was not dropped due to any lack of legitimacy. Instead, these sites determined that – for whatever reason – their customers were simply using other cheaper crypto options instead.
Again, Ethereum casino gambling isn’t for everyone, and using ETH to play real-money online casino games will come down to your personal needs and interests.
Offshore Online Ethereum Sportsbooks
While not every legit online casino supports Ethereum betting, every legit online sportsbook supports Ethereum betting. The best offshore sportsbooks – sites such as Bovada, BetOnline, MyBookie, BetUS, and others – take Ethereum as a matter of course.
Yes, they also accept other cryptocurrencies for deposits and support other crypto coins for payouts, and there’s something to be said for each one of these options. But at the end of the day, if you want to parlay a big online sports gambling payout into an even bigger crypto gambling payout down the road, using ETH sports betting options is one of the best ways to do it.
Fittingly, betting online with Ethereum is a lot like making a savvy futures bet at any trusted sportsbook site: You’re banking on the Ethereum price to go up over the long term, and history is definitely on your side.
For sports gambling, the added cost of using Ethereum can pay off handsomely.
Offshore Online Ethereum Poker Rooms
Online poker is the game that started it all. In fact, Internet-based poker originally blew up in the US way back in the 1990s. This put online gambling on the map nationwide.
Then, after “Black Friday” on April 15, 2011, US-based online poker operators were forced to relocate overseas (taking many online casinos and online sportsbooks with them). Thus, online poker created not just legal online gambling, but also legal offshore gambling as we know it. Talk about an ace in the hole!
Well, with Ethereum online poker, you’ve got an ace up your sleeve, too. All the best offshore poker rooms support ETH deposits and payouts, allowing you to ante up with one of the most reliable crypto options in the game.
Yes, it will cost you a little more to deposit funds and withdraw your winnings using the Ether crypto, but if you’re angling for the biggest pot at that final table, it’ll probably pay off in the long run.
Offshore Online Ethereum Racebooks
Online horse racing betting isn’t available at every legit Ethereum gambling site, but any venue that offers offshore sports betting usually also features offshore horse racing betting.
In the US, domestic online horse racing gambling is available in over 40 different states, making it locally accessible for most players. But as with all other real-money online gambling markets, there are benefits to playing the ponies at international betting sites instead.
First and foremost, domestic racebooks don’t let you bet using Ethereum crypto coins. In fact, they don’t let you bet using any crypto coins! For another thing, the offshore racebooks we recommend have more daily races from more US and global tracks, and they offer house-banked odds in addition to parimutuel odds (which are the only kinds of horse odds you’ll get at domestic USA racing betting sites).
As such, it’s pretty much a no-brainer to go with an Ethereum-friendly horse racing betting site rather than a fiat-only US-based pari-mutuel venue.
Mobile Ethereum Online Betting Apps
Just as Ethereum and other cryptos are the “new money,” mobile gambling sites are the new online casinos, sportsbooks, poker rooms, etc. The vast majority of online gamblers no longer have to enjoy their favorite gaming markets while tethered to their office desks or stuck in their living rooms.
Instead, since all the best offshore betting sites are accessible right through any modern mobile web browser, you can play all the games, place all the bets, and hit all the digital felts you want – whenever and wherever you want!
There’s nothing to download or update, and every site feature that’s available via desktop is available via mobile. Each of the most trusted offshore gambling sites listed here have crafted their mobile portals to match their desktop experiences perfectly, with every menu and option exactly where you expect it to be.
And with dynamic responsive design elements, these sites render perfectly regardless of your smartphone or tablet’s make, model, or display size. So, if you want fast, responsive, convenient real-money iPhone gambling, iPad gambling, and Android gambling, it’s literally in the palm of your hand!
How To Buy Ethereum Crypto For Online Betting
Before you can bet with Ethereum online, you first need to buy Ethereum. Luckily, buying ETH is easy because every major US and international cryptocurrency exchange supports USD-ETH purchasing and all kinds of ETH trading options.
We recommend signing up for free at any of the following top-rated online crypto exchange sites, all of which are fully licensed, insured, and regulated:
- Binance Exchange
- US Exchange
- Bittrex Exchange
- Coinbase Exchange
- Coinbase Pro Exchange
- Coinmama Exchange
- Gemini Exchange
- Kraken Exchange
- + More!
If it’s your first time using any online Ethereum exchange, there will typically be a 5-10-day waiting period before you’ll be allowed to send your ETH off-platform to any legit online betting site featured here. Please be sure to factor this into your online gambling schedule.
If you wish to bypass such wait times, you can buy Ether crypto coins directly using a cryptocurrency store instead of an exchange. Services like the Atomic Wallet crypto store or MyCoinify crypto store allow you to purchase Ethereum using Visa or Mastercard credit cards, and there are no associated restrictions.
That said, crypto stores like these typically carry fees of up to 5%, which means it will cost more to buy ETH this way than by going through the usual exchanges.
Ethereum Online Gambling Transfers
Once you hold Ethereum (make sure to buy in when the ETH price is trending lower than its weekly or monthly average!), sending it to your offshore gambling site of choice is a simple matter. And when it’s time to claim payouts, you can be paid in Ethereum coins just as readily.
The following sections outline both procedures, which are universal at every legit betting site online.
Note: Because ETH transfers are slower and more expensive than other crypto gambling options, you’ll want to take Ethereum speeds and Ethereum fees into account beforehand. Generally, ETH transfers cost 2-3X more than Bitcoin transfers and take about twice as long.
How To Deposit Ethereum At Offshore Betting Sites
- Follow any link here to a legitimate offshore ETH betting site and click or tap the “Join Now” or “Sign Up” button.
- Enter in all required data, being sure to use only true, verifiable personal information. No reputable Ethereum betting site shares or sells the private personal/financial info of their members.
- Select the Ethereum deposit option from the betting cashier page and copy down your site’s ETHEREUM SENDING ADDRESS. You can also choose to activate an optional enhanced Ethereum betting bonus at this time (recommended).
- Using your Ethereum exchange or private ETH wallet, select the “Send” option and paste the above ETH address into the appropriate field, along with the Ethereum amount you wish to transfer.
- Submit your deposit. Your Ethereum transaction should show up in your online betting bankroll within 60-120 minutes, depending on current ETH blockchain traffic.
How To Withdraw Ethereum From Offshore Betting Sites
- Navigate to your offshore gambling operator’s cashier page and select the Ethereum crypto option from the cryptocurrency withdrawals menu.
- In your ETH exchange or private Ethereum wallet, select the “Receive” option and copy down your unique ETHEREUM RECEIVING ADDRESS.
- Back at your gambling cashier, paste the above Ethereum address into the payout recipient field, along with the amount of your account balance you wish to withdraw.
- Submit your offshore gambling withdrawal request. Most ETH payouts are approved automatically, but larger payouts may require manual cashier approval. Coupled with the standard Ethereum transfer times, Ether payouts can take up to 3-4 hours to show up in your hands.
Ethereum Online Betting Bonuses
One of the biggest reasons to use cryptos like Ethereum to bet online is that the top offshore operators tend to give players bigger, better bonuses for doing so. Crypto requires no middlemen like other banking options, making them cheaper for both gamblers and gambling houses alike.
As such, players are usually incentivized to deposit with crypto and withdraw in crypto. And that, of course, means they can take advantage of enhanced betting promotions:
- Ethereum Casino Sign-Up Bonus
- Ethereum Casino Reload Bonus
- Ethereum Sportsbook Sign-Up Bonus
- Ethereum Sportsbook Reload Bonus
- Ethereum Poker Sign-Up Bonus
- Ethereum Poker Reload Bonus
- Ethereum Gambling Refer-A-Friend Bonus
- Ethereum Special Bonuses
- Ethereum Seasonal Bonuses
In general, Ethereum deposits – along with all other supported crypto deposits – give players 2-3X more free plays, free chips, and/or free spins than traditional banking options (i.e. credit/debit, checks, bank wires, money orders, etc.).
In most cases, the associated bonus playthrough or rollover requirements aren’t appreciably larger (and are often set at the exact same rates as those for standard bonuses), making the deal even sweeter.
That said, all online gambling bonuses do come with wagering requirements, so you’re encouraged to read the “fine print” before accepting any offshore gambling promo offer.
Note: Offshore poker bonuses do not come with typical wagering requirements. Instead, with online poker promos, bonuses are disbursed incrementally as you play in poker cash games and online poker tournaments. You usually have a 30-day window to accrue as much poker bonus cash as possible.
What Is Ethereum?
Ethereum (stock symbol ETH) – also commonly referred to as “Ether” – is a second-generation cryptocurrency platform that launched on July 30, 2015. Since then, after Bitcoin itself, ETH has had the biggest impact on the crypto market worldwide.
Ethereum is a Proof-of-Work (PoW) coin just like the first-generation Bitcoin cryptocurrency. However, Ethereum popularized the crypto smart contract and NFT concepts, making it the trendsetter for what we now consider the second-gen crypto wave.
While Ether’s PoW status and high daily traffic numbers mean it’s the slowest and most expensive crypto network out there, it also means it’s one of the most valuable and trustworthy crypto networks, too. In other words, despite its shortcomings, Ethereum is one of the best and safest crypto investments.
For legal offshore gambling, this is a double-edged sword and presents a bit of a conundrum. On the one hand, the Ethereum blockchain is slow and expensive, so your gambling transactions take longer and cost more. On the other hand, Ethereum is generally less volatile and holds its value better, so your ETH gambling payouts might be “safer” – especially for new online gamblers and/or new online crypto bettors.
Our online Ethereum gambling guide will help you decide whether to bet with ETH or another supported crypto coin at your site of choice.
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