Ethereum casinos are rising as cryptocurrencies become more popular payment methods at casino sites. This cryptocurrency uses blockchain technology to provide a safe, anonymous way to make online transactions.
Casino members like to use Ethereum because it’s a safe and easy-to-use deposit method with better fees. This USA Ethereum casino guide will help you learn how to make deposits and withdrawals and where to find the best online casinos.
The cryptocurrency casino space has heated up in recent years, with a plethora of gambling platforms now specializing exclusively in cryptocurrency deposits and withdrawals.
As the number two cryptocurrency in terms of market capitalization, it, therefore, comes as no surprise to learn that a number of USA Ethereum casino websites are now growing in popularity. Not only does this include traditional casino games such as blackjack, roulette, and slots – but fully-fledged sports betting facilities, too.
With that being said, as the crypto-casino space is largely an unregulated battleground, you need to ensure that your platform of choice is safe and read USA Ethereum casino reviews online.
We’ve created our own USA Ethereum casino review page below, the Ultimate Guide to USA Ethereum casinos. Within it, we explain how Ethereum gambling works and why it offers a number of benefits over fiat-based betting, as well as the best five platforms currently in the market.
What is an Ethereum Casino USA?
A USA Ethereum casino is any gambling platform that accepts the digital currency generated on the Ethereum network.
Ethereum is often regarded as second in command to Bitcoin. Over the years, since its emergence in June 2015, it has positioned itself as the best alternative currency for internet gambling. The coin allows you to conduct financial transactions anonymously and therefore not subject to taxation.
Also, it gives you two approaches to wager. First and often the most common is the adoption of Ether as a deposit and withdrawal method. The second option, which is perhaps the most noteworthy but a bit complicated, is the use of smart contracts to place bets.
With these two options, Ethereum casinos create a tax haven for punters and provide a secure and verifiable transacting solution.
How does a USA Ethereum casino work?
Best Ethereum casinos operate the same way as the BTC or conventional casinos, save for the aspect of payments. Since these platforms run directly on the blockchain network, you can deposit on the casino wallet or into a smart contract.
As the name suggests, a smart contract is an agreement between two parties. However, it is represented in the form of a computer code, which is stored on a public database and cannot be changed. Transactions that happen in a smart contract self-execute do not need a third party and only occur when the conditions in the agreement are met.
The smart contract pays you immediately when the requirements have been met. You no longer have to trust the casino since it holds your cash at no point. If you lose a bet, you lose your money. If your predictions are right, the smart contract handles the payments. So, a casino cannot add transaction fees, withdrawals caps, or delay withdrawal times. Moreover, the agreement ensures payments are instant.
Once you’ve settled on your favorite casino, head to the cashier section and select the Ethereum option. A wallet address that begins with “0x” will be generated for you. So, pay your Ether to the casino Ethereum wallet address. From this point wager the same way as you would on any online casino.
Pros & Cons of Ethereum casinos
Pros
- Deposits and withdrawals are near-instant (10 minutes)
- Transparent transactions posted to the blockchain
- Thousands of casino games to choose from
- Fully-fledged sports betting facilities
- Choose from software games or live dealers
- Lower house-edges
- Play via your desktop or mobile device
Cons
- Gambling is high risk – only play with amounts that you can afford to lose
- Does not benefit from strict regulation as seen in the traditional casino space
The chief advantage Ethereum casinos have over traditional, fiat currency-based online casino sites is that deposits are instant and more anonymous. Gone are the days of your bank account or local government cracking down on what you choose to do with your own money for your entertainment – by converting your funds into cryptocurrencies you can in an sense become your own bank and experience more freedom of choice online.
Ethereum transactions are lightning-fast, processed instantly or in just a few minutes at times of high network congestion. They can’t be traced back to you and leave no paper trail like moving USD, GBP or EUR. There are less limitations on how much or how little your transfer – whether you’re a microstakes player or a high roller, cryptocurrency makes things smoother.
Advantages of ETH gambling compared to FIAT gambling in USA
Ethereum gambling at an online casino has plenty of advantages over FIAT gambling when you use dollars, euros, or pounds to deposit and withdraw. Let me list the most significant ones.
- Provably fair games are guaranteed. Unlike fiat casinos, all cryptocurrency gambling sites always provide gamblers only with Provably Fair games. Every casino publishes an exclusive Provably Fair algorithm which verifies fairness of all offered games. These are such algorithms as random number generator, random seed generator, hashing, etc. In this way, the casino guarantees that all games are fair and game results are random.
- Incredibly fast transactions. Deposits in both Ethereum and fiat casinos are immediate, as a rule. However, when we are talking about withdrawal speed, the difference is quite obvious. In Ethereum casinos, withdrawals are also instantaneous. While it may take up to three working days for fiat casinos to transfer money to your banking account.
- Uppermost security. As cryptocurrency is one of the most protected currencies, Ethereum online casinos may be considered 100% secured from any outside interference. As you never demonstrate your financial info, thus, it can never be stolen. You can lose your money only when you give your Ethereum wallet details to the strangers. In fiat casinos, you must always provide your credit card details and other financial info.
- Complete anonymity. While registering at the cryptocurrency casino, you are not required to provide your name. It also concerns your Ethereum wallet. Your real name is not demonstrated anywhere. That is why all your possible Ethereum winning cannot be a subject to taxation because government authorities cannot get to know your real name.
- The improved assortment of games. As a rule, cryptocurrency casinos, including Ethereum ones, have been launched recently. It means that they have only the newest games from the most prominent software providers, while fiat casinos started to work long ago. And the collection of their games may often be old-fashioned.
- Safe. Ethereum is safe, secure, private, and transparent. Your online payments have zero chance for fraud or third-party interference because of the blockchain.
- Better Fees. There are often lower or no fees associated with cryptocurrencies at online casinos.
- Not Centralized. Ethereum is decentralized and unlikely to be regulated like banks.
- Free Payouts. Top US online casinos charge a 7.5% surcharge for Visa and MasterCard deposits, but Ethereum payments are free.
JOIN THE BEST ETHEREUM CASINO USA 2024
Ethereum as an Investment
Ethereum is also a store of value, a hedge against inflation, and one of the best-performing financial assets of the last decade, significantly outperforming Gold, oil or other conventional assets. So even if you lose in the pits, you may find yourself in profit at the end of the day as whatever Ethereum you have left over has increased in value.
For example, due to the house edge playing casino games – remember, the house always wins – say you lose 10% of the funds you set aside for a gambling entertainment budget. So 0.1 ETH of the 1 ETH you purchased for that purpose (equivalent to around $4000 at the time of writing).
If you’d been gambling in USD, you’d be down $400 and have $3600 remaining. However, the advantage of storing your budget in Ethereum and using an ETH friendly casino is that your ETH can potentially increase in valuation over time – the overall trend of the Ethereum price has been bullish. You may find that the price of Ethereum has increased 10% – not uncommon in the space of a week or month – and that you’re still breakeven.
How to Gamble Responsibly with Ethereum
The potential for ETH to rise in value makes it doubly important to stay solvent and not risk too much – always gamble responsibly. Pick a wager size and betting stakes suitable for your budget and don’t vary from it, even if you experience a downswing. If you’re on an unlucky streak, close the computer and take a break.
Signs of Developing a Gambling Problem
- Tell-tale signs of developing a gambling addiction can include:
- Jumping up in stakes after a loss to bet bigger
- Deviating from optimal basic strategy e.g. in Blackjack
- Feelings of anxiety, anger, depression
- Neglecting family and friends
If you think you’re developing a gambling problem, you can seek professional help. Their teams of professionals can advise you further on how to manage and overcome a gambling addiction before it affects your finances.
Remember that unlike trading the markets or playing poker against human opponents, when you’re up against a casino site, you are playing in a negative expectation (-EV) game where the odds are mathematically against you.
Over the long-run, casino games such as video poker, roulette, craps are unbeatable. Slots and Keno in particular have a large house edge.
How do I choose a provably fair USA Ethereum casino?
So now that you know the ins and outs of how an USA casinos that accept Ethereum works, and how you can maximize your chances of cashing out a welcome bonus, we are now going to highlight some of the most important factors that you need to look out for when choosing an USA Ethereum casino.
Ultimately, this section is of the utmost importance, as you need to choose a platform that not only meets your needs, but that is safe and secure, too.
Reputation
As you will be entrusting your funds with the Ethereum casino, your first port of call is to look at the platform’s reputation in the online space. Initially, it might be a good idea to assess how long the platform has been in business. If you scroll to the top of this page and explore the five platforms we recommend, you’ll see that most operators have been trading for at least five years. This adds a significant amount of weight to the Ethereum casino’s credentials.
It is also worth exploring player reviews in the public domain. This is an excellent way to assess the experiences of players that have actually used the casino in question. Browse forums, social media and sites like TrustPilot for players’ latest USA Ethereum casino reviews.
Deposits and Withdrawals
You should only choose a USA Ethereum casino that offers instant deposits and withdrawals. By this, we mean that the end payments system is automated. Regarding deposits, we only recommend platforms that credit your account as soon as the blockchain has confirmed the transaction as valid.
At the other end of the spectrum, we prefer platforms that automatically process withdrawal requests as soon as they are made. In doing so, you’ll receive your winnings in just a few minutes. This is in stark contrast to fiat currency casinos, which typically make you wait for days before you receive your winnings back.
Bonuses
The types of bonuses offered by the USA Ethereum casino in question should also play a major role in your decision-making process. You’ll want to choose a platform that offers a lucrative welcome package. Not only this, but try to opt for bonuses that come with the lowest wagering requirements, and the longest expiry date.
It is also important to choose a USA Ethereum casino that offers bonuses and promotions to existing players. This will ensure that you can choose a platform you can remain on long-term.
For our USA Ethereum casino review, we factored in bonus size and wagering requirements, aka ‘rollover’ – the playthrough requirement to clear and cash out bonuses.
Gaming Suite/Betting Markets
You should also make some considerations about how comprehensive the platform is in terms of gambling products. If you’re looking for a conventional casino platform, then spend some time exploring how many games the operator hosts. It is also worth seeing what software developers the platform has partnered with, as this will determine the quality of the end-to-end gaming experience.
If you’re instead looking to bet on sports, you should see how many markets the platform offers. You want to choose an Ethereum betting site that offers thousands of markets at competitive odds – both pre-match and in-play.
Customer Support
Although this point is often overlooked, you should also ensure that you choose an USA Ethereum casino that offers top-grade customer support. In most cases, this should include a 24-hour live chat facility that allows you to receive support around the clock.
It is also important that you are connected to a live agent in the quickest time possible, as long waiting times can be a pain-point if you need speedy assistance.
Best USA Ethereum casino Bonuses
Casino bonuses are the holy grail of internet casinos, and Ethereum casinos are no exceptions. But as it is with crypto bonuses, they are fairly large. Perhaps it because these gaming platforms want to encourage players to use the digital currency more often. There would be no reason to resist Ethereum gambling for, in most cases, there are neither fees nor taxes attached to these transactions. Some of the most common types of casino bonus deals include:
- Matched Bonus: It can either be a matched bonus where your initial deposit is doubled or tripled.
- No Deposit Bonus: Here, the casino offers you free betting money. However, some strings may be attached so you can’t withdraw the money.
- Free Spins: A casino may limit the use on specific games. A casino may also want you to deposit to claim them. But the free spins allows you to learn your way around the slots.
- Welcome Bonus: In most cases, the welcome bonus is either a matched bonus, a free games, or a no deposit bonus. In some cases, it is a combination of two or all three.
- Free Ethereum: Some Ethereum casinos go the extra mile as far as rewarding you with free coins for your loyalty. But these coins are specifically for use on the casino games, and your winnings are afterwards subject to the wagering requirement.
- Account Reload Bonus: You must have already made your initial deposit to benefit from this deal. It is primarily to encourage you to continue playing at the issuing casino.
- Game-Specific Bonus: These are bonuses directed for use for particular games, like Free Spins on Starbuck Slots. You can’t use the reward elsewhere.
- Preferred Method Deposit Bonus: Most crypto casinos will award you with the respective virtual currency you used to deposit. Such a bonus comes into play when a casino offers fiat currency as a method of payment.
- VIP Bonuses: As always, VIP get special perks, and Ethereum Casinos makes the perks even better.
How to Choose an USA Ethereum Online Casino
When picking an Ethereum casino, it pays to do some research before making your decision. Consider each of the elements below before choosing a casino with Ethereum payments.
Payment Limits
These are minimum and maximum dollar figures that an online casino allows for payments. The average minimum deposit is $10 or $20, while max deposits range into tens of thousands of dollars.
Ethereum Wallets Accepted
An Ethereum wallet is an online e-Wallet that holds this virtual currency. Accounts are free, and sites have preferred wallets, such as BetOnline, which recommends Coinami.
24/7 Customer Support
Online casinos have a call center and live chat for 24/7 customer support. Fax numbers and email contacts are available, but the quickest way to ask questions is to use live chat.
Cryptocurrency Bonuses
Crypto bonuses have limits and wagering requirements. Several US-friendly online casinos offer new and existing members exclusive cryptocurrency bonuses to boost your bankroll.
Ethereum Online Casino Deposits and Withdrawals
If you’re new to Ethereum crypto deposits, read through this section to get up to speed quickly. Using Ethereum is simple, though it has a couple of preliminary steps: choosing an Ethereum wallet and purchasing ETH. It works like an e-Wallet or PayPal for storing your money online. Follow these steps to make a deposit and withdrawal at Ethereum online casinos.
Online Casino Ethereum Deposits
Depositing with Ethereum is secure and reliable. Follow these quick steps to make online casino deposits in no time.
- Pick an Ethereum Wallet
- Choose a reputable service that holds your Ethereum. Online casinos that accept Ethereum list these crypto wallets: Electrum, Coinomi, and Loafwallet.
- Buy Ether Online at an Exchange
- Go to a cryptocurrency exchange to purchase ethers. Kraken, Coinbase, and Bitstamp are the three most common exchanges.
- Sign In and Make a Deposit
- Sign in to your casino account and pick Ethereum as a payment method. Transfer virtual currency from your Ethereum wallet to your account.
Online Casino Ethereum Payouts
Most online casinos accept Ethereum payouts. Follow the steps below to withdraw your money and enjoy your winnings.
- Clear the Crypto Bonus
- Before you make an online casino withdrawal, make sure to clear the wagering and rollover requirements on your bonus.
- Make an Ethereum Withdrawal
- Go to the Cashier page to make an Ethereum withdrawal. Transfer funds to your Ethereum wallet, which you can convert back to currency.
- Enjoy Your Winnings
Ethereum payouts at online casinos usually arrive in your virtual wallet within 24 hours. You are now ready to enjoy your casino winnings.
Online Games You Can Play At Ethereum Casinos in USA
Our recommended USA Ethereum casino sites offer a wide variety of quality online casino games. Whether you enjoy fun and dynamic video slots or the thrilling experience of live dealer games, there is something for every type of player. The following is a list of popular casino games you can find at US online casinos that accept Ethereum.
Ethereum Blackjack
Blackjack, which is a game of collecting twenty-one points. Blackjack is a casino game between players and the dealer. To win, you have to get as close to 21 points as possible. If you reach higher score than the dealer without going over 21, you are the winner.
Ethereum Dice
Dice is a traditional Ethereum gambling game where you throw usually six sided die in highest number possible or some special combination depending on dice game. For example craps is one popular dice game.
In cryptocurrency gambling, some Ethereum Dice games aim to guess if the number is over or under some chosen number. The payout is given on the basis on the probability of the correct prediction.
Ethereum Lottery
Lottery games are number games where you must choose for example six numbers from 1 to 49. If you can guess the right numbers, you win the jackpot.
The chance to win a jackpot is very low, but lower matching numbers give you prizes.
Ethereum lottery is a fresh choice for a lottery game in Ethereum gambling. For example Crypto Games offer a fast lottery game where you can openly see the win chances and win amounts depending on player amount. The more players in ETH Lottery, the bigger the jackpot is.
Ethereum Poker
Poker is a 5 card game that combines skill, strategy and gambling. Depending on the variant, poker games can include betting rounds. In video poker you have the opportunity to discard one or more cards in exchange for new cards hoping to get a better hand.
Ethereum Poker is a fresh alternative in chasing the royal flush in this exciting classic card game. Almost all Ethereum gambling sites offer some form of Ethereum poker.
Ethereum Roulette
Roulette is a casino game where you spin the little wheel, as the game’s name in French goes. You can choose to place bets on single number, number combinations or for example red or black numbers.
Depending on the wheel result, you can win up to 35 to 1 payout depending on the Roulette type. Practically all of the Ethereum gambling sites offer you many variations of this old classic game.
Ethereum Slots
Online slot machines are casino gambling machines with several reels which spins when you hit the lever or push a button. If you hit a correct combination of reels, you win. Of course you can play these popular casino games in Ethereum gambling sites.
Final Thoughts On Ethereum Casinos
Ethereum and other altcoins are surviving the legal leaps and bounds, and nothing seems to stop them. Ethereum, in particular, has impressed as the best alternative currency in internet gambling. A decade ago when it all started, most people thought cryptocurrency would be another Friendster, MySpace or just another fad – a momentary excitement provoked by the then desperation in the wake of the global financial crisis.
If you have a few ETH and willing to start your journey, then we highly recommend Fortune Jack as one of the top Ethereum online casinos for its great bonuses and a remarkable reputation in the market. Click the link below to start increasing your crypto holdings while having fun at it.
USA Ethereum Casino FAQ
Below you can find some frequently asked questions regarding Ethereum casinos.
What is Ethereum?
Ethereum is the second-largest cryptocurrency in the world. It’s a decentralized and open-source blockchain. It was released in July 2015 by co-designers Vitalik Buterin, Gavin Wood, and Joseph Lubin. Ethereum is safe, anonymous, and secure, making it an ideal online casino deposit method.
What is ETH gambling?
All is simple. Ethereum gambling is a type of traditional playing at any online casino which accepts Ethereum as means of payment. Therefore, to be able to play, for example, poker or blackjack at an online casino, you deposit your gambling account with Ethereum.
How does Ethereum gambling work?
Ethereum gambling works as any fiat gambling. You need to select an online gambling house which accepts ETH as payment means. Then you should sign up, make an Ethereum deposit, claim a bonus, and select a game, and start playing and winning. All is simple. By the way, all casinos mentioned in this post, accept Ethereum as means of payment.
Are Ethereum gambling sites legal in the USA?
The government of the United States allows playing only a definite amount of games in online casinos which operate on its territory. Online gambling is allowed in several states only. It means that you can use cryptocurrency to play your favorite games. On the other hand, American gamblers can play at all online casinos which are located outside the USA. Therefore, you can choose any casino from this post and enjoy Ethereum gambling without problems. All casinos which I mentioned here, gladly welcome American gamblers.
Should I pay taxes for my Ethereum winnings?
Absolutely, no. Ethereum winnings can never be a subject to taxation. As of 2020, no correct law can completely control the process of taxation of cryptocurrency winning at any online casino. Though many countries have been working on making draft legislation on imposing taxes from cryptocurrency winnings long ago, no appropriate law has been adopted yet. Therefore, you will not pay any taxes from your ETH winnings.
Is Ethereum gambling anonymous?
Ethereum gambling is entirely anonymous. It directly means that neither your personal nor financial info can be transferred to third parties. Cryptocurrency wallets have one of the highest levels of online security. So, you can be sure that your identity will never be revealed.
How much time does it take to withdraw?
Ethereum withdrawal is almost immediate. After you have pressed the “Withdraw” button and indicate the sum, you will get your winning within seconds. While transferring funds using traditional currencies may take up to three days to get your money.
Are there any fees in Ethereum gambling?
All Ethereum transactions have no fees. You can deposit and withdraw in Ethereum for free. Even if you need to trade or purchase traditional currency (euro/dollar), you will face the lowest fees in the industry. Overall, fees in Ethereum gambling are much lower than in traditional banking, while the transaction speed is immediate.
How do Ethereum deposits at online casinos work?
First, make sure you choose an Ethereum wallet that will hold your cryptocurrency. Buy Ethereum via an exchange like Coinbase.com. Once you have completed these initial steps, head over to your favorite casino site, and choose this method. Transfer Ethereum, and in a short time, your gaming account will have the funds.
What is an USA Ethereum Casino?
An USA Ethereum casino is a gambling site that allows players to make deposits using the cryptocurrency Ethereum (ETH). While not as popular as Bitcoin, Ether is currently one of the most valuable cryptocurrencies in the world.
Is it safe to make Ethereum deposits at online casinos?
Ethereum is safe, secure, and private. Your online payments have zero chance for fraud or third-party interference because of blockchain technology.
Are USA Ethereum casino Bonuses in Fiat?
Not really! It depends on the casino you have chosen. Most providers, however, will award you a bonus based on the currency you use. In this case, if you have deposited in ETH, mostly like the bonus will be in ETH.
Can I withdraw the ETH Bonus?
No, a USA Ethereum casino gives you free digital currency to get you started. So, each bonus will come with preset conditions, ‘ wagering requirements’ attached. You’ll have to meet these conditions before you can withdraw such money from your casino account. For example, you may have to wager the bonus 20X times before you can withdraw. Some casinos also limit how much of the winnings from the bonus you can withdraw.
Which US online casinos take Ethereum deposits?
We recommend players choose our top-rated Ethereum casinos for making deposits with this crypto. Our experts highly recommend these online casinos for online gaming.
Do I need to own Ethereum play at an Ethereum Casino?
There are free USA Ethereum casino games you can play for fun. However, to play for real money, which is why we gamble, you first need to have some ETH, probably from an online exchange.
Where Can I Buy Ethereum?
There are a number of exchanges where you can buy Ethereum with PayPal and many other payment options safely. One of the best platforms to do so is Binance.