10 Best Ethereum Casino Sites in 2022
What is an Ethereum Casino?
The term Ethereum is frequently used almost interchangeable to refer to both the network and the cryptocurrency token Ether. Ether, which was created in 2015, is the cryptocurrency used to power the Ethereum network. It may be used to pay for products and services, much like other digital currencies. However, it is also used to aid in the creation of Ethereum-based apps that work without central authority parties having to manage them.
By definition, an online casino that takes payments in Ether/ETH can be categorized as an Ethereum casino. In the iGaming industry, an Ethereum casino is effectively a subcategory under the umbrella of a crypto casino, as is a Bitcoin casino or a Ripple casino.
Another thing you should know about crypto casinos is that some of them are exclusively crypto and some are a hybrid that accept crypto and conventional fiat currencies as well as payment methods like e-wallets, credit cards, debit cards, net banking and so on.
Here are some highlights to note about Ethereum friendly online casinos:
⮞ The casino will offer a variety of games in most cases and some casinos may even include a special category listing only Ethereum accepting games
⮞ A good Ethereum casino should ideally make use of tested and certified randomizer algorithms to facilitate transparent and fair game outcomes
⮞ Ethereum casinos often run specials designed to encourage players to use Ethereum by rewarding them for ETH deposits
⮞ Deposits made via ETH are fast, cheap, safe and secure when compared to traditional bank card or e-wallet transactions
⮞ By using Ethereum or Ether, an online casino player can indulge in real money casino games without having to divulge any personal identification information and thus keep their gaming private.
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Ethereum Casino Bonuses
The online casino market is a saturated one. There are literally hundreds of online casinos trying to establish their presence in the global market as well as across various local markets. Offering bonuses began nearly a decade ago as a strategy for online casinos to rope in new players, but today it has become commonplace and players expect to be showered with bonuses.
Given that casinos are trying to outdo each other and capture more market share, casinos don’t hold back from upping the ante when it comes to promos and bonuses. Every casino comes up with creative ways to incentivize new and existing players and pushes the boundaries of what a lucrative bonus is. Ethereum casinos are no different.
There may be fewer Ethereum casinos than conventional online casinos, but they too allure players with bonuses on a silver platter. The offers extended by an Ethereum casino will vary from one casino to another and is also subject to change with time as bonuses expire and new ones are introduced. Commonly though, these are some of the types of offers one can expect at most ETH casinos.
No Deposit Ethereum Casino Bonuses
Both gamers and casino operators benefit from the no deposit bonus. It is a very powerful way through which the operator can attract new subscribers/members. On the other hand, a no deposit bonus is a terrific method for players to play real money games without actually spending any money.
Who would say “no” to the prospects of winning real money without the risk of loss? All that is required is for the player to claim this bonus is to successfully establish membership with the casino. No deposit incentives are divided into two categories:
⮞ No deposit free cash: With this form of no deposit offer, the player is given a set quantity of Ethers when they enroll as a registered member of the casino.
⮞ No deposit free spins: Instead of receiving cash or ether, players who receive no deposit free spins receive a certain amount of free spins that may be utilized to play suitable slot games for free.
Deposit Ethereum Casino Bonuses
A deposit bonus is an incentive given to a player for making a sufficient deposit. The bonus terms and conditions outline what defines an eligible deposit. Free casino credits, free spins, a mix of the two, or some other type of incentive altogether might be the deposit bonus payout. The following are some standard examples of deposit Ethereum casino bonuses.
⮞ Welcome Bonus: A welcome package generally includes match bonuses for the players' first or first few deposits, in addition to the no deposit incentive. These incentives are the perfect illustration of a deposit casino bonus because they are activated by the player making a suitable deposit.
⮞ Match Bonus: Many casinos provide match bonuses for other deposits, despite the player not being "new" and having already received the welcome reward. A classic example of a match bonus - receive a 100% bonus when you make a deposit of $50 or more on Wednesdays. In this context, should you make a deposit of $50, you will receive a $50 bonus from the casino (the casino matches your deposit).
⮞ Cashback Bonus: Casinos frequently provide cashback incentives to loyal customers. Losing is an inevitable component of casino gambling, and expecting to win all of the time is foolish. Cashback bonuses, on the other hand, allow you to limit your losses by returning a tiny portion of your losses over a certain period of time as specified in the bonus terms and conditions.
⮞ Referral Bonus: Casinos are always seeking new methods to expand their user base, and paying bonuses to players who refer new players is a good way to do so. When the suggested player makes their initial deposit, the player who referred them will often earn a bonus that could manifest as free cash, free spins or some other form.
No Wagering Ethereum Casino Bonuses
Take any of the sorts of bonuses listed above; after you get the bonus cash into your account, you will not be able to cash out the funds immediately. Some unscrupulous players would just claim the offer, take the bonus cash, and then visit another casino to replicate the cycle if casinos allowed immediate withdrawal of bonus winnings.
To prevent bonus abuse, casinos normally define how much of their own money a player must invest and play at the casino. The wagering requirement, often known as the playthrough requirement, is a condition that must be met to withdraw bonus funds and there may even be a time limit within which these requirements must be satisfied.
Everyone loves free stuff, but bonuses aren’t actually free when you factor in wagering requirements. However, some Ethereum casinos have been known to offer bonuses without any wagering requirements and these are called no wagering bonuses or zero wagering bonuses.
Reload Ethereum Casino Bonuses
A reload refers to a player reloading their casino balance and the term reload implies that it is not the first time they are adding funds. After a player has claimed and finished the welcome package, any further deposits made into their accounts are considered reloads.
For online casinos, it is not only important to attract new players, but also to keep existing players active since this drives up the revenue of the casino. Casinos will thus offer existing players various formats of incentives for certain reload deposits. A reload bonus is a type of match bonus when you actually look at it.
Loyalty Rewards at Ethereum Casinos
In the interest of keeping their players entertained, happy and actively playing, casinos are known to resort to loyalty programs. These are commonly also referred to as VIP clubs. In such programs, the casino may define various levels or tiers of VIPs and only players that have accumulated a certain amount of VIP points qualify accordingly to different VIP levels. The more points you gain, the higher your VIP level and the higher your VIP level, the better your exclusive VIP perks.
How to Deposit and Withdraw Funds at Ethereum Casinos
If you're unfamiliar with cryptocurrencies or haven't utilized a crypto token to make a deposit or withdrawal at an online casino, you might assume it's a difficult procedure intended for tech-savvy players.
This sort of thinking is contrary to how easy making a crypto payment actually is. Ethereum deposits and withdrawals are really simple, maybe even simpler than traditional payment systems. Not sure how to get the ball rolling? Here are some detailed instructions that you can follow to make your first ETH deposit or request your first ETH withdrawal.
⮞ An Ethereum wallet
⮞ Some ETH balance in your wallet
⮞ An account with an Ethereum online casino
To make an Ether deposit:
⮞ Visit your Ethereum casino website or launch the app and log in to your account
⮞ After having accessed your account, make your way to the cashier department
⮞ In the cashier, you should see a deposit tab or option, choose that
⮞ A list of deposit payment methods is listed, choose crypto or choose Ethereum if it is listed explicitly
⮞ The casino’s Ethereum wallet’s public address should now pop up on your screen
⮞ This is the address you need to send ETH to, so make a note of it or copy it
⮞ Now login to your Ethereum wallet where you have ETH funds and transfer the desired deposit amount to the public address you copied
⮞ Once the transaction is successful, you will see that your funds are available in your casino cashier within a few minutes.
To withdraw your winnings using Ethereum:
Prior to placing a withdrawal request, you want to check that all the pre-requisites for withdrawal are in place. You must have a positive real money balance that is equal to or greater than the minimum withdrawal amount allowed at the casino. If there are any KYC verification procedures required by the casino, you should complete the verification process and get it out of the way. Now, to withdraw your winnings:
⮞ Access your Ethereum casino account by logging in
⮞ Navigate to the cashier page and then choose the withdrawal option or tab
⮞ From the list of withdrawal options, choose crypto or Ethereum if listed separately
⮞ Proceed to enter the amount that you want to withdraw
⮞ When prompted for your crypto wallet address, enter the public address of your Ethereum wallet and verify that you’ve typed it in correctly
⮞ Submit the withdrawal request
⮞ In accordance with the withdrawal time frames of the casino, your winnings will be deposited into your Ethereum wallet
Most Popular Games at Ethereum Casinos
Ethereum casinos are special because you can deposit and withdraw in ETH, but at the end of the day, the casino needs to have a good collection of games since games are always the main offering/product at any online or land-based casino.
When it comes to the game catalogue, each Ethereum casino may vary in terms of how many games are featured, which software providers supply these games and how the games are catalogued. Below, we touch upon the different categories of games you are bound to find at any decent Ethereum casino.
Slots: For most online casino players, slots need no introduction. Slot games are the epitome of the game library at the majority of casinos and this is because players love slots. Why do they love playing slots? Well, not only is it easy to play but there is a good chance of winning money as well. A good Ethereum casino may feature hundreds of slots and premium ETH casinos are home to thousands of slots from various vendors.
Table games: A casino would never be completed without iconic roulette or blackjack tables. The rules of table games make for a slightly steeper learning curve than slots. However, most casino players already understand the rules of common table games like blackjack, roulette and baccarat. The advantage of playing table games is that you actually have much higher odds of winning than when you play slots (the house edge for slots is higher).
Progressive Jackpots: A progressive jackpot is a reward that grows in value each time a player plays a slot machine. It will continue to rise until it is won by a lucky player. A tiny portion of every qualifying stake goes toward the jackpot in progressive slot games. It can be won randomly or by successfully completing a bonus game. And the prizes are readily comparable to those offered by big national or state lotteries.
Live dealer games: Players can play at the same live table as if they were at a real casino in an online live dealer game. Consider the experience of playing in front of a dealer and other players at the table. You're not, however, in a real casino because you're either at home or someplace else. You'll also have the opportunity to interact with a live dealer. A few casino games that allow players to interact with other actual people, as well as a live dealer, are live roulette, live blackjack, live baccarat, live gameshows, etc.
Video Poker: Video poker is a poker game based on a five-card draw that may be played at online casinos or on terminals that look like slot machines in actual casinos. In video poker, the odds are fixed. As a result, video poker is commonly referred to as “poker slots”. It does, however, vary from slots in one important way. Unlike slots, video poker requires skill, as it requires you to play the hand you've been given in the best possible way according to the poker hand rankings.
How to Choose an Ethereum Gambling Site or Casino
Read Reviews: Thankfully, the web is full of online casino review websites and forums that are quick to sound the alarm on any frivolous casino. Of course, a review from another player does not mean that you will experience the casino in exactly the same way, but it is a great way to get a general sense of what the online casino community has to say about a casino and to make sure that the casino is not blacklisted before you sign up with it.
License Details: As a general rule of thumb, we strongly suggest you avoid playing at unlicensed online casinos. With so many great licensed options to choose from, there is absolutely no need to risk your data and money at a grey market online casino. The idea of a casino being licensed by a gaming regulating authority exists for a purpose, and it protects consumers from financial theft. When a casino is registered, it means that it must adhere to particular criteria in terms of fair play, cybersecurity, data processing, etc.
Ethereum Support: Any online casino that accepts ETH payments can claim to an Ethereum casino. However, as a crypto casino player, you may also want to be able to withdraw winnings to your Ethereum account and this is not always a given at Ethereum casinos. So, check that both deposits and withdrawals are allowed.
Bonuses & Promotions: Practically every online casino in the present market offers a bonus in some way or another. So, just because you're enticed by a bonus offer, doesn't indicate the casino is the best option for you. In reality, most bonuses are advertised as 'too good to be true,' which they frequently are. If players want to comprehend the true worth of a promotion, they must study the bonus terms and conditions and understand wagering requirements, maximum bonus cashout limitations, etc.
Game Collection: It is not always the number of games, but rather the quality of the games and the reputation of the game vendors that have developed these games. Instead of splitting hairs between a casino that offers 1000 games and a casino that offers 1200 games, you would be better served by considering the different types of games featured, how easy it is to search, find and filter games, etc.
Customer Support: Reliable and professional customer support is crucial to facilitating a seamless and safe gaming experience and meeting the expectations of a player. Players, especially those that are new to the platform, may have a multitude of questions and concerns and support agents must be able to help answer these questions and put any concerns to bed in a reassuring manner.
Online Casino Software Providers that Accept Ethereum
Very few online casinos develop their own games. It is much easier for online casinos to partner with dedicated game development firms and offer games from these companies to their players. With crypto taking a good grip over the iGaming industry, we are starting to see several online game developers take extra measures to ensure their games are compatible with various crypto coins or at least the major ones like Bitcoin and Ethereum.
Some of the game developers that were first to board the crypto train include the likes of Microgaming, Play’n Go, NetEnt, Playtech and BetSoft.
Pros of Ethereum Gambling
Decentralization: A credit card transaction is controlled by the card processor and the bank is the central authority that can freeze any account or decline a transaction if it so wishes. Likewise, when you look at e-wallets, it is one single private company that controls the software and so the power is again isolated and centralized.
With cryptocurrencies, the concept of blockchain is used to decentralize all transactions. When you make an Ethereum deposit or withdrawal, your bank isn’t even involved in the picture, it is just you and the casino without a middleman. Ethereum is the world's second most decentralized cryptocurrency, after Bitcoin.
Speed of Transaction: When you deposit into an online casino using Ether, your transaction is processed even faster than Bitcoin which sometimes may take up to ten minutes. So, if you’re not a big fan of snail-paced deposits and withdrawals, Ethereum will pull at your heartstrings with instantly processed requests.
Smart Contracts: Ethereum is a decentralized, blockchain-based, open-source public software platform that enables peer-to-peer contracts, often known as Smart Contracts, and Decentralized Applications, or DApps. Smart contracts enable people to trade value without the need for a middleman. These contracts have clearly specified terms and mechanisms for executing them. Unlike traditional contracts, smart contracts are written in code that a computer can execute. This removes uncertainty.
DApps: A Dapp is a piece of software that operates on a scattered peer-to-peer network. It is built to run on the Ethereum network without being managed by a centralized system, and this is a major difference: it allows end-users to communicate directly with decentralized application providers.
When an application is open-source and runs on a public blockchain-based token, it is classified as a Dapp. A token is used to power the decentralized application. The main design of any Dapp is that it lets the back-end code and data be decentralized.
Privacy and Anonymity: Now that you understand what a DApps is, you can grasp the fact that any data held on the app is not simply accessible by a central authority. So, if your online casino was built using Ethereum technology, your data would not be at the mercy of a sole casino operator.
Cons of Ethereum Gambling
Irreversible transactions: While this could be perceived as an advantage in some cases, it is more of a drawback as far as an online gamer is concerned. Since transactions are not traceable, if your ETH casino is hacked and your money is withdrawn by an unauthorized party, you cannot trace which account the money went to. Also, since transactions are not reversible, any refund that you are owed will have to be processed as a separate transaction by the casino – the same transaction cannot be reversed.
Volatility: When it comes to calculating the worth of fiat cash, it's simple. This currency is quite steady. Cryptocurrencies cannot provide you with confidence, and the situation changes on a daily basis, making this a pricier investment than traditional currencies. You may have staked a certain amount on a wager, but by the time you cash out, you have lost money owing to a fluctuation in the crypto's value. It could swing the other way too and your winnings could be worth a lot more than you anticipated.
Mobile Ethereum Casinos
With mobile-friendly Ethereum casinos, you can game on the go. These casino websites are designed to scale and fit any mobile device from which you access the site and this allows you to play games, make deposits and do much more from your smartphone or tablet when connected to the internet.
Touch screens are a characteristic of current devices that allow you to execute most activities simply by swiping or tapping your finger on the screen. Mobile casinos make use of this sensory engagement to give players a seamless gaming experience.
In recent years, the sector of mobile gaming has grown so rapidly that having a mobile version of an online casino site has become a must for all reputable gambling enterprises, including Ethereum casinos.
The Safety of Ethereum Gambling
Ethereum as a payment system is substantially safer than using a credit card or some other form of traditional online payment option. Since Ethereum transactions are peer-to-peer and yet verifiable by all nodes on the blockchain, you get the perfect balance between safety and oversight without overreach.
Provided that you are gaming at an Ethereum casino that is reputed and licensed, you should have no concerns with safety. However, you must make it a point to never share your casino credentials with anyone else and likewise, never give away your Ethereum wallet’s private address.
Provably Fair Ethereum Casinos
Provable fairness is a mechanism that allows players from all over the world to manually and personally check the fairness of online games. Casinos that operate on the blockchain utilize a unique code known as the provably fair algorithm to do this. The method creates an encrypted key containing the game's final outcomes and gives it to the player along with another key that allows them to check the games' correctness at the conclusion of the session.
Before they begin playing, the participants are given an encoded hash of the server seed. The site can't meddle with the hash because it's supplied to all participants ahead of time, so it can't modify it later. You can't peek at the data to see what the final result will be because the hash is encrypted.
Ethereum Wallets Available to South African Users
An Ethereum wallet is required since this is what stores your Ether. Such wallets are usually accessible on a computer, smartphone, or another mobile device, secure Ethereum wallets may be downloaded and installed. The private key is stored in each Ethereum wallet, allowing the wallet holder to authorize payments that transmit Ether to other parties.
Note: Never share your private key – only share your public key!
A few good ETH wallets for SA players include:
⮞ Trust Wallet
Ethereum Casino Sites with a Faucet Feature
A reward scheme for Ethereum is known as a faucet. It rewards users with ETH for basic actions such as answering a captcha or opening a link. As a result, anybody may acquire ETH without having to purchase it or mine it. After signing up, the participant is given tasks to accomplish and is paid after they have completed them.
Micropayments are a type of incentive that doesn't function with your regular crypto wallets and the user may need a micro wallet to receive their ETH. Some notable casinos with the Ethereum faucet feature are:
FAQs about the Best Ethereum Casinos
Are Ethereum casinos safe?
We cannot speak for every Ethereum online casino on the web, but as long as you choose a casino that we have featured on our list of recommendations, we can vouch for its safety and trustworthiness. We only ever entertain and feature casinos that are highly secure and have a great safety track record and reputation.
Is Ethereum gambling legal?
This will be contingent upon where you live. Many countries around the world have started to legalize and even regulate cryptos like Bitcoin and Ethereum. However, some countries have laws banning them. In South Africa, Ethereum is recognized and legal.
What makes a good Ethereum casino?
Just because an online casino accepts ETH deposits, does not necessarily mean it’s a worthy casino. A well-rounded casino will offer high-quality games, bonuses with fair terms, efficient customer support, fair gaming, robust cybersecurity and reasonable withdrawal terms.
Can I withdraw an ETH bonus?
Yes, but on a conditional basis, in most cases. To understand the exact conditions upon which you are allowed to cash out your ETH bonus, you should read the bonus policy at your ETH casino and it will become clear to you.
How do I buy Ethereum?
There are multiple ways to buy Ether. You could use a crypto exchange such as Binance to trade some fiat currency for Ether. If you hold BTC, you could use a BTC-ETH supporting exchange to trade some BTC directly for ETH. Someone could simply send you some Ethers to your crypto wallet. You can earn Ethereum by mining it or by completing tasks at websites with an ETH faucet feature.
Summary: Personal Author Experience with Ethereum Casinos
All in all, I believe Ethereum has a promising future. It topped the cryptocurrency list in May 2021 and is still performing well despite the peaks and valleys in value. Ethereum will continue to be a significant cryptocurrency for all organizations and corporations because of its high-speed transaction processing capabilities and unparalleled security.
As the number of Ethereum users grows over time, it will continue to have an influence on the iGaming sector. Because it outperforms other digital and fiat currencies, gamers will flock to it to take advantage of all of its features. In summary, Ethereum is here to stay and will transform how you wager online in the near future.