Ethereum is a cryptocurrency that is giving bitcoin competition. And although it is common to hear about betting with bitcoin, the truth is that it is now possible to bet with Ethereum. And in today’s topic we are going to tell you about it.
The first thing we will show you is our top of the best Ethereum betting sites in India. Then we will tell you what Ethereum is and how to use it, some wallets and other important details about how to bet with Ethereum online.
Top 5 Ethereum betting sites in India
What is Ethereum betting?
Cricket betting with Ethereum refers to bets placed at online casinos using the Ethereum cryptocurrency as a payment method.
In other words, Ethereum forms part of one of the betting payment methods at some online casinos. Just as there are different currencies, there are also different cryptocurrencies.
And what is Ethereum? It is a decentralised blockchain cryptocurrency that allows you to have full control over your finances. It is a digital currency that is also known as ETH or Ether and tends to have a more accessible and stable value than bitcoin.
Are Ethereum betting sites safe in India?
An Ethereum betting platform in India is safe, as long as it is certified and licensed to operate as an online gambling operator.
While it is true that Ethereum is a super secure, reliable and almost anonymous currency, you should always be careful where you use it. Like any other payment method, it can be compromised if the site where you register is insecure.
Luckily for you, here at t20iplindia.com we’ve put together a top list of Ethereum betting sites where you can bet safely. All platforms have security protocols that encrypt your data and make the platform environment secure.
Why are Ethereum betting sites so popular in India?
A phenomenon is being observed more and more often: cricket betting in India is being done with cryptocurrencies, in particular, with Ethereum. And it is not just because it is believed to be the future of the economy, but because there are other reasons behind the use of Ethereum:
It’s secure: no banking details involved
Even if the platform is secure, some players don’t like to give out their financial details on online gambling platforms. That’s where bitcoin casinos come in to save the day. All you have to do is copy the casino key to make the transfer from your wallet and the transaction will be almost anonymous, as the sender’s key is not recorded, only the transaction number.
Deposits and withdrawals are fast
One of the advantages of the best Ethereum betting platforms is that deposits are credited instantly. And withdrawals take between 15 minutes to a maximum of 8 hours! This ensures that you are always in control of your money and your winnings.
Really low fees involved
Betting on the Big Bash League or any other cricket event can become expensive with the fees charged by some wallets when using FIAT money such as rupees. But this is not the case with Ethereum.
Deposits and withdrawals are free of charge either on the Ethereum betting platform or in your wallet. There is only a small fee to buy Ethereum and it is really low when you compare it to the extra fees in other wallets.
Security and almost anonymity
Although we mentioned it at the beginning, it is worth emphasizing the point. As a blockchain cryptocurrency, security and anonymity are guaranteed. And you are the only one who can access your wallet and make transactions. In addition, with the double security key, it is almost impossible to be hacked.
How to pick the best Ethereum betting site?
To choose the best Ethereum betting sites in India our experts evaluate a number of aspects. Every site should count on each of them to ensure that the site is of the highest quality available.
Verify license, security, and reputation
The licence must be issued by recognised bodies. These include the MGA and the Curaçao authorities. It must be current and valid. Besides, it must have safety and fairness certifications like eCogra. And last but not least, always make sure that the reputation is good, that there are no problems with payments or withdrawals.
Ethereum betting platforms offer a variety of promotions. But here it is important to look at the terms and conditions of these promotions. Make sure that the rollover is enforceable, that you have ample time to use it. And most importantly, that all games participate in the wagering requirements quota.
Although it is not common nowadays to find online casinos that are not responsive, this is still a feature to check. The website must adapt to all screen sizes perfectly. It should also have apps for Android and iOS so that you can bet with Ethereum at any time.
Markets, odds and other services
Betting odds as well as the betting markets are the focal point. So look for variety on both. Also look for high odds, so you can get the most out of every bet you place. Furthermore, although you’ve come this far to bet on cricket with Ethereum, it’s also interesting that the site has an online casino, live casino and even live betting.
How to bet at Ethereum betting sites?
If you want to do eSports betting in India and don’t know how to do it, you’re in luck! Here’s a little step-by-step guide to help you:
- Register at any of the Ethereum betting sites we recommend.
- Go to the banking section, choose deposits and then Ethereum.
- Enter the amount you wish to deposit and copy the deposit key. Deposit.
- Go to the sports section and choose cricket or any other sport you wish to bet on.
- Choose a market as well as the odds.
- Enter the amount to bet and click “bet” and that’s it! You will have bet for the first time using Ethereum as your payment currency.
Top 3 legit Ethereum betting sites
You know our list of the top Ethereum betting sites that are available for Indian players. But we want you to know our selection of favorites:
- Ethereum as well as bitcoin and other cryptocurrencies are accepted.
- Available in Hindi.
- App for Android and iOS and website available for mobile and desktop.
- Extensive cricket betting market on pre-match and live cricket.
- Attractive and upgradable odds with its combination bet builder.
- Attractive and extensive seasonal bonuses and promotions.
- More than 20 cryptocurrencies are supported, including bitcoin, Ethereum and ripple.
- Available in Hindi.
- Extensive and intuitive sports betting section.
- Variety of odds and markets available.
- Live betting support.
- Accepts Ethereum via conversion to rupees using Skrill or Neteller.
- Pre-match and live betting is supported on a wide variety of cricket events.
- Long history, excellent reputation.
- Multi-platform availability.
- Top notch customer service.
Bonuses and promotions at Ethereum betting sites
You may be wondering if the best Ethereum betting sites offer bonuses and promotions. And the answer is yes! They are varied and there is something for every budget. They vary from site to site, but mainly you will find:
- Welcome bonus. Valid for new players. It consists of a 100% or more bonus that you receive when you make your first deposit.
- High roller bonus. This bonus is aimed at players who are willing to wager large amounts of money. It is usually a bonus that matches 100% or more of the deposit you make. In some cases, it is for new players, and in others, for regular players.
- Free spins. More than a bonus they are a complement and are valid for regular players. For every deposit you make, the casino gives you some free spins to try their slots.
Pros and cons of playing with Ethereum
We want you to know both sides of betting with Ethereum. So we’ll talk about the advantages and disadvantages:
- Money will always be safe and transactions are almost anonymous.
- Deposits are instant and withdrawals take less than 24 hours.
- There are no fees associated between Ethereum transactions as long as they are in the same wallet.
- The fees associated with transactions are much lower compared to other banking options.
- There are extra layers of security for your information: both your data and your money are protected by blockchain.
- Not all sites accept Ethereum as a payment option.
- There is volatility in their cost.
- To buy Ethereum with rupees there are fees that vary according to the amount you buy.
- In some cases, an exchange must be used to bet on certain sports.
Where to buy Ethereum and how to buy it?
To bet on Ethereum betting sites, you must have Ethereum. And to buy them, you must buy them on exchanges, which are like brokers for cryptocurrencies. There are various recommendations for Indian users: Coinbase, eToro, Binance, Skrill, Neteller, or Gemini.
How to buy Ethereum?
These steps may vary from one exchange to another, but they are general and will certainly help as a guide:
- Register with an exchange. In some cases, you will be asked to additionally verify your identity to add an extra layer of security and comply with international reporting protocols.
- Go to “fund account” and choose a traditional banking option to buy ETH. For example Visa, MasterCard, UPI, etc.
- Enter the amount and click on “request rate”. You will be shown the amount of ETH you would buy with that amount in rupees.
- When you have the amount you want click on “pay”.
- Enter the requested details and then confirm the payment.
- Wait a few seconds for the transaction to process and reload the site.
- Now go to your balance, the ETH you purchased should now be reflected in your balance.
3 Top rated Ethereum casinos with bigger welcome bonuses
In this small section we would like to introduce you to the best online betting apps where ETH is accepted as a payment currency. These options are in our top, but they are the ones we recommend for online casino and live casino play:
- Focused exclusively on players from India.
- 100% welcome bonus up to ₹70,000 on first deposit!
- Online casino and live casino with over 30 providers available. Microgaming, Evolution Gaming, Ezugi…
- Curacao license and security certificates are up to date.
- Android app and mobile website available.
- ETH payments via Skrill and Neteller.
- 100% welcome bonus up to ₹100,000 on your first deposit!
- Live betting on almost every domestic and international cricket event!
- Attractive odds and wide betting markets.
- Online casino and live casino with providers such as Evolution Gaming and Pragmatic Play.
- Ethereum payments via Skrill and Neteller.
- 100% welcome bonus up to ₹100,000 on your first deposit!
- Live casino games with real dealers. Teen Patti, Blackjack, Baccarat, Poker, and Roulette.
- Customized promotions based on the games you are most interested in.
Ethereum wallets are like a kind of bank where you will have your online account where the Ethereum you buy will be stored. Features include:
- The ability to read your balance, make transactions and connect with other applications.
- You are the sole custodian of your wallet through a unique and unbreakable encryption key.
- You can manage your funds and transaction history.
- In some cases, it may be a physical wallet and you can use your ETH without an internet connection.
How to deposit and withdraw winnings with Ethereum?
If you are a newbie to the world of Ethereum betting sites and the whole cryptocurrency thing, you may have asked yourself this question. And luckily, we are here to answer this question for you. The best part is that these steps are the same on almost all online gambling sites:
How to deposit Ethereum?
- Log in to the Ethereum betting site.
- Go to banking and select deposits.
- Select Ethereum or ETH.
- Select the amount to bet.
- Click next.
- Copy the Wallet address you have just been given.
- Go to your ETH wallet and log in.
- Click on transfers and then paste the casino wallet address.
- Click on transfer. Done!
- Now go back to the casino and the page should be reloading. Wait without touching anything and then you should
How to withdraw my betting winnings in Ethereum?
Withdrawal is easier! Just log in, go to banking and then select “withdraw”. There, you enter the amount to withdraw and you’re done. By default, all sites select the deposit method you have used to withdraw your money.
Alternative payment methods
If you are wondering whether Ethereum gambling sites accept other payment options, the answer is yes! These can be:
- Bitcoin, bitcoin cash, bitcoin gold, ripple, ZCash, USTD, litecoin, ripple, satoshis…. Many sites accept other cryptocurrencies as an alternative.
- MasterCard, Visa, Diners Club International, Rupay, Maestro. Bank cards are also an option for depositing.
- E-wallets. Like Paytm, Skrill, Neteller, QIWI, MuchBetter.
- Other options. Among which are UPI, PhonePe, GPay, wire transfers, Western Union, etc.
FAQs about Zimpler
What does Zimpler do?
Basically, it is a fintech company that provides a secure payment gateway to the merchants for transferring and receiving funds. One can easily transfer the funds by only sharing the bank ID.
Is Zimpler safe to use?
Yes, Zimpler is licensed and approved by the Sweden government. It is 100% safe and uses SSL-encrypted technology to approve online transactions.
Do I need to pay fees for using Zimpler?
Not at all! It’s free of cost and doesn’t charge any single penny from the users or casino players. It’s the online casinos or gambling sites that impose taxes.
Is Zimpler user-friendly?
Yes, it is by far the best and most simplified payment system that only needs your phone number to make and confirm payments.
How much time does Zimpler take to transfer the funds?
You won’t believe but it takes less than a minute to deposit money into your casino account. Withdrawal may take a maximum of 5 mins. Rest it depends on your bank.
What are the benefits of using Zimpler?
1. 100% bank coverage.
2. Flexible user interface.
3. Zimpler is always live even if the banks are down.
4. Follows strict security protocols.
5. It uses the best identification methods
Ethereum is one of the cryptocurrencies of the future as part of the decentralised blockchain economic system. They are safe, you own your money and the best thing is that, in spite of everything, their value is usually stable with a steady and increasing appreciation.
If you were not yet encouraged to bet with this currency, we hope that now you are sure. All you have to do is register at any of the betting sites in our top list and start betting with Ethereum and a lot of responsibility. If you liked our article, do not hesitate to share it, so you can support us for free in our mission to keep informing others.