Since its introduction in June 2015, Ethereum became the second largest cryptocurrency in market capitalization after Bitcoin.
What differentiates Ethereum from other cryptocurrencies is that its economy is based on a platform that uses smart contracts.
Smart contracts create efficient economic and organizational systems that can be used for a wide range of purposes.
The perfect use case for Ethereum is online casinos, the revolutionary Ethereum technology applied to online casinos makes traditional online casinos appear really old – with slower payouts, higher fees, and fairness of games that is not guaranteed.
Read our quick guide to Ethereum casinos in 2020 to understand how Ethereum casinos work and the essential steps to sign up at an Ethereum casino.
Why Playing at an Ethereum Casinos is Better?
There are three great reasons why playing at an Ethereum online casino is better than any traditional online casino:
Anonymity: Ethereum casinos allow players to make totally anonymous transactions. If you play at an Ethereum casino, you stay anonymous. For example, it’s not linked to your ID or bank account. Crypto casino don’t ask you to verify your identity or address, because the blockchain covers the security, which formally would be the responsibility of the online casino.
This offers players the possibility to play completely in anonymity and in a private way.
Safe and Secure: Another great reason to play at an Ethereum casino is that they are safe to use. This is because the Ethereum network uses smart contracts, which enable transactions that are clear, recorded, and verified by other users on the network, making it possible for all parties involved to verify that a transaction has been done correctly.
Players don’t need to be worried anymore about security when making a deposit or withdrawal.
Fast and Secure Transactions: Moreover, Ethereum casinos make transactions faster and more secure than any other standard payment method. As you will read below, an ether transaction is done instantly. The blockchain technology reduces transaction speeds to less than 10 minutes for a 100% confirmed transaction.
How to Sign Up at an Online Ethereum Casino
Let’s see in detail what steps you must take to sign up at an Ethereum online casino:
- Choose an Ethereum online casino.
- Once you’re on the home page of your chosen casino, click on the sign up/registration button.
- Fill in your details and enter your email address.
- You may be asked to confirm your email address – just go to your inbox and confirm it using the link provided in the email.
- Now you have your game account, but you need to deposit Ethereum to start playing. To do this, you will need to set up an Ethereum wallet.
Setting up Your Ethereum Wallet
In order to deposit Ethereum at your chosen online casino, you will need to set up an Ethereum wallet.
If you are an Ethereum beginner, you should do some internet research before you set up your wallet. There are different types of Ethereum wallets, it’s up to you to decide which one is right for you. The most important thing here is that you must never forget your account details. Because if you lose access to your wallet, you will lose your money.
The first thing you have to do is find a reliable Ethereum exchange, here we suggest two of the most popular exchanges available on the market:
- Coinbase, is the most popular exchange around. Founded in 2012, and supporting over 100 countries, is by far the leader of Ethereum exchange sites.
- Coinmama, opened in 2013, Coinmama is an exchange of Ethereum and most other popular cryptocurrencies.
Make Your First Deposit at an Online Ethereum Casino
- Because you already have a registered account at your chosen Ethereum casino, now all you have to do is make your first deposit.
- Go to the deposit page. It could be located under your account, or by the word ‘Deposit’ or ‘Banking’.
- Define the amount you want to deposit into your account.
- Transfer the ether by sending it to the Ethereum address provided by the casino.
- Wait for the funds to appear in your account. In the majority of the cases this is very fast.
- Now, start playing at your chosen Ethereum online casino!
Make a Withdrawal at an Online Ethereum Casino
- Go to the withdrawal page, and select Ethereum as your payment option.
- Then, you must enter the amount of money you want to withdraw and provide the Ethereum casino with your Ethereum wallet address.
- Then you must wait for your withdrawn money to appear, which takes just seconds and makes Ethereum really fast compared to the online gaming industry standard.
Ethereum Online Casino Deposit / Withdrawal Limits
The setting of deposit and withdrawal limits depends on the decision of each casino.
Check with your selected online casino before playing to ensure you are clear on the limits they place on Ethereum transactions. If you’re planning a big deposit, contact customer support to check for possible bigger bonuses.
Ethereum Casino Games
So, what games you can play at an Ethereum online casino? The game library in Ethereum is wide, which gives players a large choice. This is very important since players are not limited to a certain number of games, which definitely makes ETH-based casinos more attractive. Just deposit your ETH, as explained above, and enjoy any games available.
Below you will find a list of the most interesting Ethereum games you can play at an Ethereum casino:
Blackjack is one of the most popular table games at any online casino, and the same can be said for Eth casinos. It is a table game that runs according to traditional Blackjack rules. It is an easy game to play. To win you have to get as close to 21 points as possible. If a player has larger numbers than the dealer, without going over 21, they win the round.
Roulette doesn’t need a presentation, it is one of the most famous and oldest casino games. Roulette has a wheel that is divided into 37 sectors in the European version, numbered from zero to 36 (and 38 in the American version with a double zero). You can combine any bets, including those on particular numbers or groups of numbers. In addition, players can bet odd or even, red or black, dozens and columns. Read our blog articles on how to play and tips to win at a roulette table (5 Best And Worst Roulette Strategy), (Quick guide of most popular roulette strategies).
ETH baccarat is a card game that is easy to learn and play. It became famous thanks to James Bond, the famous secret agent plays at land-based casinos across the world. A round of baccarat has three possible results: Player win, banker win, and tie. Players have the option to bet on the player or banker’s hand.A hand worth 8 or 9 points is automatically declared the winner. For a better understanding on how to play Baccarat and tips to win, please read our blog articles How to play against an online live baccarat dealer and 9 tips to win.
Slots are one of the classic casino games. Players spin the reels in an attempt to hit a jackpot. Players win when they hit combinations on the reels and paylines. ETH slots function similarly, but allow players to bet in crypto. You can even find some slot providers who are offering slots developed only for Ethereum.
Dice is a casino betting game where players throw a six-sided dice looking for the greatest numbers or some specific combination (it depends on the specific dice game rules).
Ethereum dice encourages players to gamble on particular dice numbers that should be over or under a predefined number. The correct prediction wins. One of the best Ethereum dice sites around is Etheroll.com, it was also one of the first. Another interesting dice site is Dicether.com, which offers games such as flip a coin, choose from 12 or classic dice.
Lotteries are an extremely understandable and simple game that everybody knows. The goal is to select the winning numbers. The more correct numbers you have, the more you are likely to win and the closer you will get to the jackpot. No special skills are required to play a lottery. The more players there are in a ETH lottery pool, the larger the jackpot amount you will potentially win.
Ethereum Poker is also a popular game. ETH poker requires a combination of skill, attitude, strategy, and, obviously, luck. ETH poker has the same rules as traditional poker, and the same variations, such as 5-card Omaha, texas hold’em, Omaha, etc., but bets are placed in Ethereum and other cryptocurrencies. This approach attracts new players because the transactions are safer than classic poker with fiat currency. One of the best Ethereum poker sites available is CoinPoker, which offers all those features in one network.
Must-Have Features of an Ethereum Mobile Casino
Nowadays, the mobile experience is critical for online gaming, so any online operator should have some key features such as:
- Be compatible with Android and iOS
- Optimized layout for mobile devices
- High user experience level (usability)
- Wide range of Ethereum games
- High game speed
- Special bonuses for Ethereum deposits
So, before you sign up, always check if your chosen casino has the above features available.
Bonuses at Ethereum Casinos
When gambling online, you should try to find the best bonus offers, the same goes for Ethereum casinos. There are many offers you can find at any Ethereum casinos such as welcome/deposit bonuses, match bonuses, no deposit bonuses, free spins, cashback, tournaments, loyalty programs, exclusive VIP clubs, and more.
Ethereum Casinos Customer Support
Ethereum is a decentralized currency, so there is no dedicated customer support service. If you need help, you have to ask your Ethereum casino support or the website where you bought your ether currency (read the above chapter Set Up your Ethereum Wallet). Your Ethereum wallet provider will surely help you.
Our advice before starting to use Ethereum is to take your time to research how it works. When you understand Ethereum, you will find it very simple, but before you need to get familiar with this currency, because it works differently to traditional payment methods.
Conclusion: The Future is Ethereum Casino
As for the future, Ethereum online casinos will take over from traditional online casinos. Ethereum casinos bring decentralization, which increases security, anonymity, and makes full transparency and instant transactions possible. So, why wait to start playing at an Ethereum casino? The future is Ethereum!