Ethereum Casinos
Cryptocurrency was a novelty ten years ago, and few people understood its purpose. Its fast, cheap, secure and anonymous transfers give advantages to the gaming industry. The rise in popularity is also confirmed by official SOFTSWISS statistics.
The number of bets in digital currency increased by 214.3% in the first quarter of 2024 compared to the same period of the previous year. The sites support different coins, and there are many Ethereum casinos now. Why has ETH become one of the most popular cryptocurrencies and what does it bring to the gambling industry?
Principle of Ethereum Casino
Etherium is a platform for creating decentralised applications on the blockchain. It has its own cryptocurrency, ETH. The feature of Ethereum is the concept of smart contracts, proposed by Vitalik Buterin in 2013. The network was launched already in 2015.
Smart contracts are the basic blocks of Ethereum applications. They automatically digitise agreements into code and implement their terms. Self-executing contracts are recorded in the blockchain, which eliminates the risks of the coin entry and withdrawal.
Automated transactions have increased the Etherium throughput compared to Bitcoin.
The operation principle of ETH casinos does not differ from traditional casinos. They accept cryptocurrency instead of fiat money. Users can make deposits and withdraw winnings in ETH. Some platforms accept fiat currency along with digital coins.
Playing requires creating a cryptocurrency wallet or an account on an exchange that buys ETH. Then the user registers on the online casino site and top ups the account with its help. You can start gambling once the coin is credited.
The lobby of the licenced sites contains the developments of official providers. They conclude a contract with game studios and rent slots from them. The administration does not have access to the code, and accordingly to their settings.
They undergo an independent audit of the GSC, actual payouts, and other functionality before release. This guarantees honest results.
Verification is simplified or not required at all at the ETH casinos. It depends on the terms and conditions of the operator and regulator.
Types of Ethereum Casinos
There is a large selection of sites on the internet. They differ in game assortment, bonuses, payment methods, and other characteristics. Ethereum casinos are divided into:
- Standard. They function on the traditional platforms. In addition to fiat money, they accept digital currency. Ethereum transactions are processed through integrated payment gateways. These sites have an abundance of slot machines: slots, blackjack, roulette, live section, etc. They sometimes award increased bonuses for cryptocurrency deposits.
- On the blockchain. Players are able to reconcile server and operator SIDs to verify the integrity of the results. The open source code allows any transactions to be tracked on the blockchain. Every deposit and bet is recorded in a smart contract. Therefore, when you win, coins are automatically credited to your account. The administration cannot steal them. However, such Ethereum casinos have a limited selection of games. There are limbo, towers, Dice, mines, and others. There are no standard gambling games like slots, blackjack, or poker.
Classic sites are licenced by the international regulators. Ethereum casinos do not always get authorisation from them. Thanks to the blockchain, they guarantee honesty and provide tools to verify results.
Some operators request an audit from the Crypto Gambling Foundation. The organisation is not subject to any jurisdiction. It verifies the independence of outcomes and payouts. Certificates are issued after the audit.
Top Ethereum Casinos in 2024
Not only the support for ETH transactions was taken into account when compiling the selection. The best Ethereum casinos were evaluated by the diversity of the game catalogue, providers, bonus conditions, and the work of the support team. The editorial experts studied the user agreement, territorial restrictions, limits and other points of rules and regulations. Another evaluation criterion is mobile adaptation, availability of an app.
Important Features of ETH Casino
Ethereum is the second most popular coin after Bitcoin. However, its technology is more flexible. The emergence of Ethereum allowed the development of decentralised applications. Smart contracts added functionality to the blockchain. Due to this, the coin found application in the gaming industry.
Transactions Anonymity
Payments in Ethereum are anonymous. The decentralised system is not subject to states, or banking institutions. The sender and recipient are identified by the cryptocurrency wallet address. Personal information and data of organisations are not used to confirm the transaction.
Ethereum casinos on the blockchain do not ask for personal information. There is no need to provide documents for verification.
However, proof of identity is required on standard platforms with a licence. Verification is initiated at the request of the gambling committee. Users only need to upload a passport photo. This is how the administration makes sure that the visitor is of legal age and has no duplicate accounts.
Security
Transactions in the blockchain are reliably protected by cryptographic algorithms. In a decentralised database, information is stored in chains of blocks. They contain a hash of previous blocks, which makes it impossible to change and delete information.
Open code allows any user to track transactions. Due to this, the administration of a cryptocurrency casino will not manipulate payments.
Criteria for Choosing ETH Casino
Visitors may consider the ready rating and choose a reliable site. However, they should know the differences between honest casinos accepting Ethereum and fake ones.
Licence
Its presence guarantees compliance with the requirements of the regulator. Legal sites keep the confidentiality of personal data, and use original slots. In the absence of violations on the part of the user, the administration pays out winnings without delays.
Ethereum casinos receive licences from official regulators. Popular gambling committees operate in the UK, Curacao, Malta, Gibraltar, and other jurisdictions.
To check the validity of the licence, you need to find the validator. It opens when you click on the logo of the regulator (it is located in the footer of the home page). There is also a register of legal sites on the websites of the regulatory authorities.
Casinos on the blockchain do not need to obtain a licence. However, they provide tools to check the randomness of results and payouts. Some operators have certificates from the Crypto Gambling Foundation.
Clicking on the Crypto Gambling Foundation logo, the user will be taken to the official website of the organisation. The cryptocasinos that have received the certificate will be mentioned there.
Player Reviews
Reading the comments will help to get an idea of the quality and honesty. It is necessary to evaluate the ratio of positive and negative reviews, and player recommendations. If the administration takes advantage of its customers, other people will quickly find out about it.
The best Ethereum casinos worry about their reputation. Tech support staff visit forums and thematic resources with reviews. If complaints are groundless, they explain the reasons, and advise visitors on any questions that arise.
Applications for Phone or PC
Some operators develop downloadable applications. Usually they are created for users with outdated computers. Due to the primitive design and data storage on the device, such applications work faster than websites.
More often applications are developed for smartphones. Software for Android or iOS are almost the same as mobile versions. However, they are developed taking into account the peculiarities of the operating system.
They hash data on the device and make fewer requests to the server. This ensures fast loading of pages and a minimum of bugs. In regular updates, developers refine the functionality and interface. Mobile applications also have additional features: background notifications, and biometric data authorisation.
Technical Support Service
A good support team gives advice to players on licence, limits, difficulties with registration, and other problems. In the best Ethereum-based casinos, the staff is available 24 hours a day. Players should be able to contact managers using:
- Live chat
- Hotline phone
- Messengers
They answer within 1-2 minutes in chat. In case of high workload, managers warn about longer waiting times.
Bonus Policy
Actual offers are displayed in the menu in the “Bonuses” or “Promotions” section. A visitor will see their previews on the page. They rarely indicate the terms of use and wagering. You can find them in the description by clicking on the “i” or “Read in detail” button. Studying the requirements will allow you to assess the feasibility of activating the bonus, and the wagering complexity.
No Deposit Bonuses
They are issued without funding the account. They are usually offered new players for registration. Regular visitors also receive no-deposit bonuses for different actions:
- Inviting a referral
- Subscription to a social network
- Reposting a publication
- Status raise
- Big loss
- Daily site visit
- Using a promo code and not only.
No-deposit bonuses are awarded in the form of free money or freespins. Wagers for no-deposit bonuses are usually high. Coefficients reach x50 and higher. Sometimes it is necessary to top up the account after wagering and before withdrawing the bonus. This is necessary to confirm the chosen payment method.
Deposit Bonuses
They are credited after the account deposit. They are valid as a part of the welcome bonus for new users. There are also reloads for replenishment for long-registered players.
A minimum payment amount is set for activation. It must be transferred in one transaction. A percentage of the deposited amount or freespins are given for replenishment. Often free spins and money are provided together. There are also restrictions on the maximum bonus and winnings from it.
The percentage and number of freespins depend on the size of the deposit. However, they usually award 100% of the deposited amount.
Free Spins
Freespins allow players to spin the reels of slots for free. They are given as a separate bonus or together with the deposit interest. They are awarded in welcome packages, as a reload, by promo code and other promotions.
There is a maximum bet for each spin. Their use is limited to one or more slots. The wager is multiplied by the winnings from freespins.
Cashback
The bonus provides a refund of a part of losses or deposits. The percentage is calculated per day, week and month. Usually the cashback is 2-15%. The amount of cashback depends on the total expenses for a particular period or on the player’s status in the loyalty programme.
Other Casino Promotions
There are other regular and temporary promotions available on the sites. Among the popular ones are:
- High Roller Bonuses. Increased interest rate for large deposits.
- Tournaments and lotteries. Drawing of freespins or money for completing quests, winning competitions.
- Special. These are exclusive bonuses on promo codes, gifts for birthday or other holidays.
Before participating in the promotion, it is necessary to read the terms of use. The main indicators are: wager, expiry dates, limits on maximum bets, and winnings.
Assortment of Games in Ethereum Casino
On the game assortment page, visitors will find thousands of slots. They are supplied to sites with a licence by official providers. The exception is Ethereum-based blockchain casinos. They have a limited selection of cryptocurrency games. However, most of them offer a standard catalogue.
ETH Slots
Slots don’t have complicated rules. You don’t need to learn combinations and strategies. Success depends only on luck. The player does not influence the results, but only adjusts the bet size and spins the reels. Payouts occur for a sequence of identical symbols on the line or their group regardless of location. Slots are divided into several types.
| Type | Features |
|---|---|
| Classic | Slots with 3-5 reels. They contain 1-25 paylines. They have standard spin mechanics, a minimum of bonus features and special symbols. |
| Video Slots | Slots with 3D graphics and complex animation. In slots with Megaways mechanics, the number of winning combinations reaches 248,000. In machines with cluster payouts, symbols are paid in groups, without lines. In video slots different mechanics, special images and bonus rounds are realised. |
| Progressive | Slots with a jackpot drawing. Prize money is accumulated from each bet of users. |
| With the purchase of a bonus | It allows you to activate freespins or other features for fee. The purchase amount exceeds the bet of x100 or more. |
Slots differ in many parameters. The number of reels, rows and lines should be taken into account. RTP indicators demonstrate the theoretical chances of winning and the percentage of return of the machine on a long distance. Volatility indicates the unpredictability and scatter of payouts, their size and frequency. More slots are represented by different themes. The choice depends on the preferences of the user.
Roulette
Players bet chips on numbers, their combinations, or colours. Roulette uses a rotating wheel with numbered sectors. When betting is complete, a ball is thrown on it. Winning bets are determined after it stops in one of the sectors.
European, French and American roulette are popular. Zero gives an advantage to the casino. In the American variation there are two zero sectors.
Poker
Omaha, Hold’em, Stud, Draw Poker and other varieties are presented in Ethereum casinos. They differ in the number of cards in hand and rules for making combinations. The essence of poker is simple: to win you need to collect the strongest hand. The chances of winning depend on strategies and skills, decision-making at a particular moment. In poker you need to know the combinations by seniority, streets of bidding, rules of raising bets, and other actions.
Blackjack
To win, you need to score more points than the dealer. The cards should not give a total of more than 21 points. In this case, the user loses regardless of the dealer’s hand.
Live Games
Broadcasts are conducted from the studios of the providers. There is professional equipment: tables, roulette wheels, cards, control units, and other elements. The game is played not by a computer, but by a live dealer.
Live demo modes are not available. For betting you need to register and make a deposit.
The section includes card and table games, lotteries, entertainment shows like Monopoly, or Wheel of Fortune. To communicate with the dealer there is a live chat. The user can choose different angles to view the game.
Ethereum Casino Game Providers
It is necessary to assess the quality of the lobby by developers. A slots filter is offered to view their list. The best crypto casinos feature slots from Play’n GO, Nolimit City, Betsoft, Pragmatic Play, Hacksaw Gaming, Endorphina and other brands. Their developments are characterised by a variety of bonuses, beautiful graphics, advanced functionality and mechanics, high multipliers and returns.
Filter by providers at Ethereum casinos
How to buy cryptocurrency
To make a deposit in Ethereum, you first need to buy it. Players have several options:
- Exchanges. These are centralised services. The popular exchanges are Binance, Bybit, Huobi, and Kraken. They offer convenient rate tracking, great functionality for selling and buying, exchange, and conversion. Disadvantages – the need for verification, additional exchange fees.
- P2P-exchanges. It available also on exchange houses. It allows you to exchange fiat money for digital currency directly from its owner. Pros – anonymity, small or no fees. The disadvantage is the need to find the optimal rate.
- Payment systems. These are electronic wallets and other services that support transactions in cryptocurrency, for example Skrill, Neteller, and Muchbetter. Most do not have mandatory verification. However, you will have to buy the coin at a floating rate, and fees may be high.
Getting the coin is available directly on the site in some casinos with replenishment via Ethereum. It is enough to go to the cashier section and select the option “Buy cryptocurrency”. You can exchange fiat money for coin using a bank card or other payment system.
Exchange for Fiat Money
Winnings in ETH can then be converted into euros, pounds, and dollars. For this purpose, the same platforms are used: entering cryptocurrency on exchanges, wallets, exchange with the help of P2P or electronic services.
Commission Rate
Ethereum is popular because of the small commissions. However, the user needs to check the terms and conditions of the site they are playing on. The size of the commission is affected by the network load, and the speed of the transaction confirmation. Some exchanges and other payment systems charge their own percentage for the transfer. The commission is indicated on the payment page before the transaction confirmation.
Deposit and Withdrawal of Funds
There are regular casinos that accept Ethereum, and sites on the blockchain. However, the procedure for depositing and withdrawing winnings is the same in both cases. To deposit, you need to:
- Create a cryptocurrency wallet and buy ETH.
- Log in to the casino’s Personal Cabinet, if you already have an account.
- Open the cashier section and select the “Refill” tab.
- Click on Ethereum in the list of payment systems.
- Scan the QR code or copy the wallet number.
- Enter the amount of top-up on the page of the exchange or other payment system,.
- Confirm the transaction.
Transfers to ETH are processed quickly. In case of low workload the funds are received in up to 5 minutes. To speed up the transfer, it is necessary to increase the commission in GWEI.
Before the first withdrawal, a standard casino will ask for verification documents. You will need to upload passport photos to confirm your identity.
Verification takes up to 72 hours to complete. During this time, the withdrawal option is not available.
Applications for payment are created in the “Withdrawal” tab. In the empty fields you need to enter the amount to withdraw and your wallet address.
Minimum Deposit
Deposit limits depend on the operator’s conditions. Some sites accept deposits from 0.001 ETH, while others accept deposits from 0.005 ETH. You can find out the limits in the cashier section. It is available for viewing by authorised users. Before registering and logging into Personal Account, you can find out the limits in tech support or on the “Terms and Conditions” page.
How to play at Ethereum casino
Demo modes are provided to check out the game assortment. You do not need to register on the site and fund your account to start slots. Free chips are given for bets. due to them users have the opportunity to test the mechanics and other characteristics without financial risks. However, winnings in conditional credits can not be withdrawn.
Registered users become full-fledged clients. They have the right to participate in promotions, make real bets and withdraw received payments.
Registration and Verification
Creating an account, the player confirms the user agreement. It is not necessary to identify the identity immediately after registration.
The procedure for creating an account is simple and fast. It is enough to specify in the registration form of the Ethereum casino the following:
- Email address
- Login
- Password
- Promo code if available
Verification may be mandatory or selective in online casinos with a licence of the international regulator. The player will be asked for a photo of a passport or other document proving identity and age. European casinos sometimes conduct additional verification of address, and source of income.
Blockchain casinos are anonymous. The administration conducts user verification only in case of suspicious activity.
Pros and cons of ETH casinos
The main advantage of Ethereum is decentralisation, and smart contracts. However, like many payment systems, Ethereum has disadvantages.
| Pluses | Minuses |
|---|---|
| Anonymous payments without revealing personal data | Rate volatility |
| Automatic transfers via smart contracts | Limited choice of online casinos |
| Freedom from regulatory oversight | Closing and non-refundable transactions after participants fulfil their obligations |
| Open source code to verify the integrity of games and payments | |
| Fast payment confirmation | |
| No limits on the amount of transfer |
Q&A
-
Is ETH conversion to other digital currencies available at the casino?
Yes. However, not all sites have internal transfers.
-
Can I hold ETH and other coins or fiat money on my account at the same time?
Yes. This is possible on sites with multi-currency accounts.
-
Are Ethereum casinos without a licence dangerous?
If the site does not work on the blockchain and does not use smart contracts, yes, they are. The administration can refuse to payout, and the player has no option to complain to the regulator.
-
Can I see the current Ethereum exchange rate in the casino?
Yes. On some sites it is displayed on the main page.
-
How do I know that the site supports payment in ETH?
Before registration, you can see the logos of payment methods in the footer of the home page. Information is also provided by tech support.