Ethereum For 18+ Sports Betting
Using Ethereum for 18+ sports betting online is one of the best bets you can make and biggest gambling edges you can get. Like all cryptocurrencies, Ethereum (ETH) operates on a quantum-hacking-resistant blockchain, making it the safest possible way to move money into and out of your legal online sportsbook account.
All the best 18-and-over sportsbooks accept Ethereum in their online sports bet funding suites, as it’s the second most popular crypto coin after Bitcoin itself. If you want to gamble with investment-grade currency that can make your payouts many times more valuable than standard banking withdrawals, ETH is the answer. Remember, the only thing better than betting on Ethereum is betting on sports with Ethereum!
Best 18 And Up Sports Betting Sites That Take Ethereum
All our 18 and up online sportsbook reviews put a heavy emphasis on banking and account setup, because if you can’t easily top off your bankroll, you aren’t going to wager as frequently – or as successfully – as you’d like.
Fortunately, since all the operators we recommend are top-rated Ethereum betting sites, if you hold any ETH (or have an interest in getting started with crypto investing and trading in general), it’s simpler than ever to make a deposit and start betting sports online.
And because ETH and other cryptocurrencies are popular among younger demographics, Ethereum gambling is the perfect entry point for many players aged 18-plus. The following sites each have first-rate Ethereum betting platforms, and ETH transfers take just a few minutes so you can start wagering ASAP.
|Mybookie||100% Up To $1,000||4.6/5||Visit SiteReview|
|Betonline||100% Up To $1,000||4.6/5||Visit SiteReview|
|Xbet||100% Up To $500||4.4/5||Visit Site|
|Bovada||75% Up To $750||4.3/5||Visit SiteReview|
|SportsBetting||100% Up To $1,000||4.2/5||Visit Site|
|Bookmaker||100% Up To $300||4.1/5||Visit Site|
What Is Ethereum?
Ethereum (ticker symbol ETH) – also called Ether – is the most popular and heavily traded altcoin – that is, it’s the most valuable and useful non-Bitcoin cryptocurrency. The ETH network went live in 2015 after two years of development, and because of Ethereum smart contract utility, it’s become the most active blockchain on the market.
However, as with Bitcoin, the Ethereum blockchain has a few issues with network congestion that slow it down compared to some other cryptocurrencies, which is something that online sports bettors should consider when making deposits with the altcoin.
Still, because of its popularity and the fact that the Ethereum value has consistently risen exponentially over the years, it’s a great investment opportunity for gamblers and holders alike.
Is Ethereum Legal For 18 And Older Sports Bettors?
Yes! Ethereum – and all other cryptocurrencies supported by the best 18+ online sportsbooks (such as Bitcoin, Bitcoin Cash, Litecoin, Stellar, Ripple, USD Coin, Chainlink, etc.) – is perfectly legal to use for all lawful transactions. There are no governmental or banking middlemen to deal with, either, so your transfers can never be hung up by various regulatory mandates (i.e. the UIGEA). Because all the sites we recommend are safe and legal to use for American sports bettors aged 18 and up, you’re free to make deposits and withdrawals via Ethereum.
Washington is the only state that bars all online gambling, which includes online sports betting. However, the law isn’t enforced, and we’ve never heard of a single person being so much as fined for betting on sports online in WA. That said, if you live in the Evergreen State, you should participate in online betting only at your own risk.
How Does Ethereum Work For Online Sports Betting?
Ethereum can be used for online bet funding the same way as any other cryptocurrency. However, the one hurdle or “learning curve” involved has to do with buying Ethereum in the first place. After all, you can’t participate in Ethereum sports betting if you don’t have any Ethereum.
Of course, it’s pretty simple to buy ETH, as all you need is an account at any online commercial crypto exchange. Once you sign up with such an exchange, it’s a good idea to track the current Ethereum price so you can buy in when the coin is trending low.
You can consult Ethereum price prediction services online to help with this, but it’s enough that you just buy some ETH when it’s a good bit under its all-time high (ATH). As of 2021, the ETH ATH is about $4400, with the current Ethereum price hovering at around $2300. That means it’s a good time to get in right now!
Once you’ve followed the Ethereum news for a few weeks and have transferred some USD to ETH, you can keep it in your exchange wallet or move it to a private software/hardware wallet. Then, just follow the deposit instructions at your betting site of choice. The processes for ETH deposits and withdrawals are outlined below.
Ethereum 18+ Sports Betting Deposits
Once you have some ETH in your wallet, it’s simple to transfer it to your online sportsbook site of choice. Here’s the basic procedure for new members at the books we recommend:
- Follow any link here to a top-rated 18+ sports betting site and click/tap on the “Join” or “Sign Up” button.
- Enter in all the required information. Personal information must be verifiable, as the best 18+ sportsbooks use Know Your Customer (KYC) best practices. Your personal and financial data is never shared or sold, and all activity is secured by best-in-class SSL and TLS encryption.
- Select the Ethereum deposit option and an optional bonus. You will receive your site’s Ethereum sending address.
- Open your ETH wallet and select the “Send” option. In the recipient field, enter your sportsbook’s provided address and the amount of ETH you wish to transfer, and submit the ticket.
Ethereum sports betting deposits take 30-60 minutes to process due to ETH blockchain verification times, which means you should expect up to an hour’s wait before you see your funds credited. There are no added fees (outside of built-in Ethereum fees native to the ETH platform), so you can keep more of your money when depositing with Ether.
Ethereum 18+ Sports Betting Payouts
Getting paid out in ETH is as simple as depositing with the stuff, and the process works similarly to the above, but in reverse. Savvy bettors, of course, will time their withdrawals to coincide with favorable Ethereum predictions, pulling out their winnings when ETH is trending low.
This maximizes the amount of Ethereum coins they can get, and those coins will yield far greater payouts over the long term as the ETH value goes up. When sports betting, Ethereum payouts work like this:
- Visit your 18+ sportsbook site’s Cashier page and choose to withdraw in Ethereum cryptocurrency.
- Enter the amount you wish to withdraw.
- Open your ETH wallet and select the “Receive” option. Copy the Ethereum receiving address your wallet provides.
- Paste this ETH address into the appropriate field on your sportsbook withdrawal form, and submit the ticket.
Some books can take up to a day to process your crypto withdrawal request, but in most cases, this only takes a couple of hours. Once processed and approved, your payout will be sent to your ETH wallet and should show up within 30-60 minutes. Ethereum and other supported cryptos are the only ways to claim same-day payouts at the top betting sites for 18+ players.
Ethereum 18+ Sports Betting Bonuses
Cryptocurrencies – including Ethereum – give online sports bettors the best possible bonuses. Typical deposit options come with decent bonuses, usually in the form of a 50% match. However, when you bet with Ethereum, you’ll get much more bang for your buck.
Ethereum bonuses are worth anywhere from 2-3X more than regular online betting bonuses, and since they come with the same low rollover requirements, that’s just more (free) money in the bag!
At most reputable 18+ betting sites, you’ll be able to choose from these ETH/crypto bonuses:
- Ethereum Sports Betting Sign-Up Bonus
- Ethereum Sports Betting Reload Bonus
- Ethereum Sports Betting Event Bonuses
- Ethereum Sports Betting Refer-A-Friend Bonus
Remember, online sports betting promos are entirely optional at the sportsbooks we recommend. That said, because the bonus terms and conditions are so easy to meet for most regular gamblers, we suggest always accepting bonuses whenever they’re offered.
Benefits Of Using Ethereum To Bet Sports Online
There are numerous advantages when using cryptocurrencies like Ether to bet sports online. In fact, these advantages are why the majority of sports bettors prefer ETH and other cryptos when topping off their online betting bankrolls.
Here’s what Ethereum gets you whenever you use it to bank at your favorite online sportsbooks:
- Ultra-secure blockchain technology
- 100% guaranteed deposits and withdrawals
- Enhanced online anonymity for all sports wagering activities
- The best online sports betting bonuses and promotions
- Online sports betting account balance goes up when Ethereum goes up
- Same-day payouts on all Ethereum withdrawals
- Access to all the hottest markets you can’t find anywhere else, including Ethereum spread betting, Ethereum live betting, Ethereum mobile betting, Ethereum eSports betting, and more
- High investment potential for all ETH holdings
Buying Ethereum For Online Sports Betting
It’s easy to buy Ethereum, even for first-time crypto investors. The first step, of course, is to buy ETH at the right time and for the right price. Provided you pay attention to the Ethereum forecast – and provided the Ethereum current price isn’t remotely near its all-time high – you can feel confident that you’re getting in at a good valuation.
Remember, all you have to do is consult the overall Ethereum price history to see when you should and shouldn’t buy. With crypto, the benchmark is always the ATH, so as long as Ether is under that ether, you’re good to go.
Where To Buy Ethereum
In general, the best way to get ETH is to buy the altcoin through a licensed and regulated US-friendly crypto exchange. The following are the best online Ethereum exchanges where you can buy Ether using any supported fiat currency (USD, CAD, GBP, etc.):
- Coinbase Pro
Note: Most Ethereum exchanges will make new users wait 5-10 days before they can move their Ether off-platform. Please be sure to factor this initial lead time into your sports betting activities.
How To Buy Ethereum
Once you’ve signed up at one of the above exchanges, the process for buying ETH is very straightforward. At your exchange of choice, you’ll need to link your bank account or debit card (as most sites do not allow investors to buy cryptocurrency with credit cards).
Once that’s done, you can either transfer funds from your bank in USD or another fiat currency and hold it on the exchang as such while you wait for the ETH price to be more favorable, or you can immediately buy Ether with your bank funds.
After that, there’s usually a waiting period before you can commence off-platform Ethereum trading to private wallets or services like legal 18 and up online sportsbooks. All crypto assets come with this built-in wait time for first-time users, and that applies to Bitcoin or Ethereum or any other altcoin.
One of the ways some players go about getting Ethereum is to mine it. However, this used to be more practical than it is today. Ethereum mining takes a tremendous amount of financial outlay on specialized computer hardware (namely GPUs), and the risk-vs-reward on ETH mining has diminished considerably.
If you want to get free Ethereum via mining, it can be done, but we don’t advise it. Still, for more information on how to mine Ethereum on Windows and how to mine Ethereum on Mac, there are numerous online primers that will get you started on the right foot.
Best Ethereum Wallets For 18+ Online Sports Betting
Before you make any deposits at Ethereum gambling sites, we recommend first moving your ETH into a private, secure wallet. This is much safer than storing Ethereum on online exchanges, as those exchanges own your keys. Remember the crypto mantra: “Not your keys, not your coins.”
To get full custody over your ETH, we recommend moving it off the exchanges into an Ethereum wallet. There are Ethereum online wallets, Ethereum software wallets, Ethereum hardware wallets, and Ethereum paper wallets to choose from.
Online Ethereum Wallets – Fastest Option, Least Security
- Bittrex Wallet
- Coinbase Wallet
- Coinbase Pro Wallet
- Kraken Wallet
- Other Ethereum Exchange Wallets
Software Ethereum Wallets – Fast Option, More Security
- Atomic Wallet
- Exodus Wallet
- Guarda Wallet
- Jaxx Wallet
- Mycelium Wallet
Hardware Ethereum Wallets – Slow Option, Advanced Security
- Ledger Nano S
- Ledger Nano X
- Trezor One
- Trezor Model T
Ethereum Paper Wallets – Slowest Option, Most Security
Many Ethereum wallets are also mobile friendly, which makes them perfect for 18+ mobile sports betting. This ease of use – being able to handle all your banking and betting on the same mobile device (iPhone, iPad, Android, etc.) – is one of the biggest draws of software ETH wallets, and it’s why we recommend these above all others when using Ethereum sportsbooks.
We do not recommend ETH paper wallets for anything other than long-term cold storage. Paper wallets are the most secure, but it’s time consuming to move those funds into a convenient, spendable form for sports betting. If you insist on heightened security that maintains at least some convenient flexibility, ETH hardware wallets are the best option.
Note: Please only download Ethereum software wallets from their official developer pages or app listings. Similarly, please only buy Ethereum hardware wallets from their official manufacturer webstores. You should never use third parties to acquire any crypto wallet.