Bitcoin introduced cryptocurrency to the world and remains the most popular one after all these years, but it is closely followed by Ethereum. The online gambling industry is also gradually recognizing its advanced features, which may help it gain supremacy over other coins one day. Ethereum smart contracts bring the unprecedented level of transparency and safety, and instant transactions with unbelievably low fees make it a perfect cryptocurrency for gambling at online casinos.
What Exactly is Ethereum?
While you can often see Ethereum mentioned as a currency, it is actually the name of a computing platform, created using the ideas behind blockchain technology. It is relatively young and was released in the summer of 2015, introducing the Ethereum Virtual Machine, or EVM, to the world. At the same time, 11.9 million Ether coins were added to the already existing cryptocurrencies.
Ethereum’s main focus is on performing computations using the international network of users. For participating in the process and helping to keep track of operations, users are rewarded with a small amount of Ether. It can later be used for your other needs, as it is easily transferred between two accounts.
It is, however, unlike Bitcoin, much more than just a payment method. Although using blockchain to keep account of all Ether movements, the platform has much more applications due to its smart contracts’ range of use. But let’s focus on Ethereum online gambling.
The Best Ethereum Online Casinos
Following are some of the most visited and well-known online casinos that we have already reviewed. You will find generous offers for Ethereum users at some of them, promoting this platform for online payments. They are listed in no particular order in terms of a casino rating, as they all have their advantages and unique features.
1xBit is mainly focused on sports betting, but it also has an extensive casino section and offers some extra games one rarely meets at these sites, for example, financial and adult games. This casino can definitely fight for the title of the best crypto casino due to the variety of games, bonuses, and cryptocurrencies it has to offer. It has a professional all-business design, but for the players, it’s all about fun, and the sports section guarantees it.
- 7Bit Casino
7Bit is what you would call a classic online casino. It’s easy on the eye, doesn’t have too many features and tabs to get lost in, and offers a wide choice of table games and slots provided by renowned software developers. A decent welcome bonus coupled with other special offers throughout the week make 7Bit a place worth visiting.
BetChain can hardly be recognized for any unique features, but it does have a distinctive design and a large number of bonuses, weekly offers, and tournaments. Just look at their welcome bonuses. While some casinos don’t even offer one, BetChain has got four of them for new players! As if that wasn’t enough, there is a multi-level loyalty program with additional cashbacks and monthly tournaments.
When first visiting Betcoin.ag, one can see its aspirations to be a prestigious yet accessible crypto casino. And in many ways, it is, although sometimes this site may seem overloaded with stuff, making it a bit difficult to operate. It also doesn’t come with numerous bonuses, as one would expect from its rich presentation. There is, however, a rewarding tier system with seven different levels, and every registered player automatically becomes a participant, earning status points for placing bets and playing the games on the site.
Bitcoin Casino may not have the most original name, and despite its impressive catalog of games, it will not show anything new to the gambling veterans. However, it does have one distinct feature: it’s a thematic casino for patriotic US citizens or those who simply admire this country. That’s not something you meet very often, and even sites with consistent design are usually themed to remind you of a brick-and-mortar casino. In terms of bonuses, customer support, and games functionality, everything is as good as it should be.
BitStarz is another of the big players in the online casinos arena. It has a nice color scheme, over 1,400 exciting and provably fair games, and the transactions are completely secure and anonymous. Their welcome bonuses and other rewards won’t leave you disappointed. Oh, and BitStarz mobile app will keep you entertained wherever you are.
- Ethereum Sweepstakes
Now, this isn’t even a casino, but a very intriguing site nevertheless. Ethereum Sweepstakes is, well, a sweepstakes giving you a chance to win some record-breaking prizes in Ether. To participate, you have to purchase a token, which is an analog of a lottery ticket, and wait for the results at the end of the year. There are also some monthly giveaways. And the best part is that the whole sweepstakes is basically a smart contract, making it an exceptionally reliable and trustworthy lottery.
- Fortune Jack
Fortune Jack is an example of a high-ranking crypto casino. Elegant design, exciting and diverse games from trustworthy providers, live casino, and helpful customer support — that’s far from all of its strong sides. Constantly added bonus offers and tournaments make it an especially attractive place for Ethereum gamblers.
- mBit Casino
mBit is another highly popular casino that, however, can be distinguished from some others by its design. Otherwise, it is a well-functioning gambling site with all the standard things you expect from it: hundreds of colorful provably fair games, a sportsbook with a good catalog, tournaments, various bonuses, and an even better VIP program.
- True Flip
TrueFlip has only a handful of games available, so it can’t compete with other casinos offering hundreds and thousands of titles. However, TrueFlip may still be considered much more unique than most of its competitors since its games are based on the blockchain algorithms and are truly provably fair. If you would like to support the initiative and probably be part of something that has the potential to grow into a real game changer, TrueFlip gives you such a chance.
The Bottom Line
The benefits Ethereum offers to gamblers are well-known. Transactions happen in an instance, and the fees are very low, or even non-existent in some cases. The platform also offers complete anonymity, and unless the casino site requires some proof or identification, not a single soul in the world will know about your funds and the way you use them. Finally, your Ether is safe and well-protected due to the way smart contracts work.
As for the disadvantages, they are mostly caused by the fact that Ethereum is still not as popular and widespread as Bitcoin, leading to a smaller number of casinos accepting this currency. Well, you shouldn’t have any problem with that thanks to the list we provided. Don’t get despaired if Ethereum doesn’t seem very user-friendly to you at first, the benefit it provides and the potential it holds for many applications are worth it.