Ethereum casino betting – how to wager with your crypto, explained

Ethereum is the premiere cryptocurrency option online behind Bitcoin, with some interesting technological innovations making it surpass even the original BTC. It has many different exciting use cases on the internet and in the physical world as well, and perhaps the most notable among them are Ethereum casinos and Ethereum betting.

Ethereum casino on Bitsler: the best place to have fun gambling online

While there are many different sites and platforms on the world wide web that offer Ethereum casino games and Ethereum betting, there is nothing quite like Bitsler when it comes to having a great experience online. Be it sports wagers or good old-fashioned ETH casino fun, we have got you covered in all departments.

Here are just a few of the many reasons as to why you should give Bitsler a try…

Easy deposit: Bitsler offers a revolutionary unified wallet which allows crypto coin holders of all types to get involved with the ETH casino action using a singular deposit process. Be it Ethereum casino or Ethereum betting you’re looking for, or something more exotic with dogecoins and the like, the process could not be simpler or more straightforward. We strongly believe that streamlined features like this go a long way in encouraging crypto adoption, and we will continue to lead the way on this front in the Ethereum casino industry.

A huge selection of games: Unlike some competitors, Bitsler’s ETH casino gambling license allows us to offer all sorts of exciting experiences to you on the same platform, be it Ethereum casinos, sports betting, or live play. In each department, we strive to go above and beyond with the depth of options and providers we can make available to you. Our huge selection of ETH casino games and deep markets for sports, both popular and niche alike, means this is the best place to get involved with Ethereum betting online. You can even delve into the wild and amazing world of competitive video games, known as esports, when you decide to sign up with Bitsler!

A one-of-a-kind loyalty program: It is a standard industry practice to showcase our appreciation of your loyalty and trust by offering various bonuses and rewards for the time you spend playing on our Ethereum casino platform. This is why we have developed a unique kind of rewards track to go above and beyond the traditional VIP bonus programs. With our uniquely developed five-step ETH Casino loyalty pathway, you can earn yourself progressively greater goodies like rakebacks and Nitro as you play along with us!

Create an account on Bitsler now and check out all the great Ethereum casino features we have on offer for you!

What can you use Ether for on the internet?

As one the largest cryptocurrency options right behind Bitcoin, Ethereum’s Ether is one of the best ways to make digital purchases and to set up some diversified investment strategies online. In this section, we will quickly grow through the simplest and best ways for you to make use of your cryptocurrencies, with a special shoutout to the fun opportunities offered by Ethereum betting and Ethereum casino games.

The most straightforward way to use Ether is to shop online with sites and provides that directly accept cryptocurrencies. Sites like Twitch.tv, various Shopify stores, or ETH casino platforms like Bitsler come to mind, but, of course, there are many other places you can explore for ways to make good use of your crypto, like ETH casinos, for instance.

You also always have the option to just convert your Ether to some sort of a fiat currency of your choice and transfer it back to a traditional bank account for regular use. This, however, is not a necessary step if you want to use your cryptocurrency for products and services, and many holders of crypto coins like Ether see it as an outright undesirable way to go. Still, the option is there should you choose to pursue it. Getting gift cards with your crypto – for ETH casinos or other kinds of games, for instance – can also be an alternative way to get the funds back into a more traditional ecosystem, and it is still without having to involve the banks.

You can also just directly make peer-to-peer transactions to different wallets if you have some sort of a plan or agreement with its holder, which can also be a great way to make use of your crypto. For making deposits with ETH casino sites, you can expect a similar process. As long as they accept Ether directly you can directly send the funds into their wallets. Obviously, this only makes sense between trusted partners, so be sure to stay safe out there, and only trust reliable Ethereum casino sites like Bitsler for something like this.

You can also keep your Ether as an investment, either to speculate on the changes in the exchange rate or by directly investing in some sort of crypto-focused portfolio. But if you are here with us, reading this, then chances are, you are most interested in the world of Ethereum casinos and the way Ethereum betting accompanies it, right? So let’s cut to the chase then, as soon as possible, shall we?

Ethereum betting and Ethereum casino games: everything you need to know

Any sports event watching experience can be spiced up by getting involved in the action yourself, and doing so with your favorite cryptocurrency of choice can make it just a little bit more special as part of some Ethereum betting.

Thankfully, getting involved with the gambling experience using your Ethereum has become quite straightforward by 2024. There is a wide variety of platforms and sites dedicated to offering ETH casinos and Ethereum betting, meaning once you have found a trustworthy website with great features where you have made a deposit, your experience with Ethereum casino games will match exactly the sort of fun that you would have anywhere else in a digital ETH casino or a traditional betting site. This is a great way to cross digital borders and boundaries and a frictionless way to get involved with the action.

Deep and thorough analysis will show that Bitsler offers the best-in-class experience when it comes to Ethereum casino games and Ethereum betting, simply because of the player experience is of such high quality. The number of ETH casino games and the volume of Ethereum betting options available to you on Bitsler is practically unmatched, and the selection constantly continues to grow, making your experience even better as time keeps on ticking by.

There is a reason why Bitsler has survived all the storms of the industry for almost a decade now: the special ETH casino loyalty program and the fantastic bonuses available for you are just one of the many reasons that make the site stand out when it comes to Ethereum casino experiences.

You can experience all this and more for yourself by registering an account, and if you would like to learn more about the space, the various crypto coins available to you, and the latest happenings of the sporting world, then why not keep on reading the stories on the Bitsler blog to get an even greater understanding of the Ethereum casino world?

Enjoy the action with us!

What is Ethereum (ETH)? A crypto coin primer

If you need a primer on the background of Ethereum casinos and how the coin related to it developed, we have got you covered. Ethereum is the blockchain technology behind the popular cryptocurrency known as Ether (ETH), but in common online parlance, the coin itself is often referred to as Ethereum by a wide variety of users, and it is the foundation of many ETH casino experiences.

Ethereum itself, much like similar systems, is a decentralized open-source platform on the blockchain. Its origins can be traced back all the way to 2013, when soon-to-be founder Vitalik Buterin produced a whitepaper on the concept that would eventually become ETH.

The blockchain itself was originally launched in the summer of 2015, and it received a significant 2.0 upgrade in 2022, which saw the underlying systems of the blockchain go from proof of work to proof of stake in a huge change to its consensus algorithm. This significantly increased processing speed and had a positive effect on the associated fees (the so-called “gas”) as well along the way. This was significant, as the number of manageable transactions on-chain skyrocketed from 15 per second to over one hundred thousand, leading to the creation of many Ethereum casinos online.

No discussion of Ethereum would be complete without the 2016 hard fork, which saw the reversal of the massive heist of the Genesis DAO’s funds, which saw hackers exploit loopholes in the smart contract to transfer out around $70 million’s worth of Ether from the organization to their own wallets. Not quite the ETH casino you’re looking for…

The solution to this was to create a hard fork, which erased all traces of this transaction and restored the funds to the original investors. It was a necessary step but one worth keeping in mind when considering the immutability of on-chain transactions in general. The original chain, now known as Ethereum Classic, is now a separately maintained blockchain by a different team, and it is a completely separate cryptocurrency.

Ether has become established as the second largest cryptocurrency in the world behind Bitcoin, and the Ethereum blockchain is a key part of the digital ecosystem as of 2024. At the time of writing, ETH is valued at $3,983 per CoinMarketCap, with a total supply of slightly over 120 million and a fully diluted market cap of $467 billion in total, making it a good fit for crypto betting and Ethereum casinos.

Ethereum betting and Ethereum casinos are the primary use cases for Ether in the online entertainment space, and it is an exciting experience to try out for yourself on a site like Bitsler.