Most next-generation online gamblers opt to use next-generation online gambling banking options. For them, one of the best choices is under-21 online Ethereum gambling. All the most legit online casinos, sports betting sites, and poker rooms accept guaranteed Ethereum deposits and deliver same-day Ethereum payouts, with no added fees and all the extra crypto security you expect.
While Ethereum may not be the very best crypto option for under-21 online gambling banking due to its lengthier transaction times and high built-in “Ethereum gas fees,” betting with Ethereum – and betting on Ethereum – has already created countless millionaires. If you want to join their ranks, here’s why we rank Ethereum as a top online bet funding option!
Top-Rated Ethereum Gambling Sites
For Players Aged 18+
Under-21 Ethereum Gambling Explained – Understanding Ethereum Betting
Ethereum gambling is exactly what it sounds like: gambling with Ethereum cryptocurrency. As one of the main “Big Four” gambling crypto coins alongside Bitcoin, Bitcoin Cash, and Litecoin, ETH is supported by all the major under-21 online casinos, under-21 online sportsbooks, and under-21 online poker rooms. So, if you’re an ETH “hodler,” this opens up your betting options considerably.
However, before you can bet with Ethereum at any top-rated gambling site, you’ll need to understand the basics of both the crypto coin itself and the manner in which it’s used at the venues we recommend.
It’s also important to understand the Ethereum pros and cons when it comes to online gambling so you can make an informed and money-conscious decision about which bet funding method to use for regular deposits and payouts.
Ethereum (ticker symbol ETH, aka “Ether”) is a smart contract-enabled Proof-of-Work (PoW) cryptocurrency platform designed by programmers Vitalik Buterin and several other prominent crypto developers (including Charles Hoskinson of Cardano fame).
Ethereum went live on July 30, 2015, and it’s since become the second most valuable cryptocurrency by market capitalization behind Bitcoin (BTC). However, despite trailing Bitcoin substantially in market cap, ETH is actually the most widely used crypto platform in the world as of 2022.
Ethereum’s native ETH token is supported by all the best online gambling sites for deposits and payouts, and many other popular crypto gambling options – such as Tether and USD Coin – operate on the ETH network as ERC-20 tokens.
Still, Ethereum betting does have some drawbacks compared to some crypto betting options when it comes to under-21 online gambling, although the ETH benefits may outweigh them in the long run.
We cover all these in the next several sections, so keep reading to learn whether ETH is the best crypto for your gambling banking needs.
Ethereum – like most other cryptocurrencies – works more or less like Bitcoin (which means ETH gambling is pretty much the same as BTC gambling). However, while the earliest cryptocurrency platforms were basically just BTC clones, Ethereum went a different route.
Essentially, the ETH blockchain is similar to the Bitcoin blockchain, with all the requisite block verifications and Ethereum mining protocols. But since ETH launched several years after Bitcoin, its developers were able to design Ether around some newer concepts. The most essential of these are smart contracts, NFTs, and decentralized finance.
Ethereum is a much more robust platform than the cryptos that came before, allowing for all kinds of alternative transactions beyond just trading the ETH coin itself. In this way, Ether ushered in the new “third-generation” of crypto coins (i.e. Cardano, Solana, etc.) by making the actual utility of the platform dynamic and flexible.
For example, many other crypto coins ride atop the Ethereum ERC-20 envelope, and most all NFT trading of note currently takes place on the Ethereum blockchain.
However, with this popularity comes significant bottlenecking, which has made Ethereum gambling the most energy-intensive, most expensive, and slowest of all prominent cryptocurrency betting options (which is something the 18+ online gambling audience should definitely keep in mind).
The first thing you need to do before you can bet with Ethereum is to get your hands on some of the stuff. To buy ETH, all you need is a membership at any major online cryptocurrency exchange such as Coinbase, Coinbase Pro, Binance US, Bittrex, Kraken, etc. Once you sign up and go through account verification, simply link up your bank account, credit card, or debit card and kick off a USD-ETH trade.
All the top exchanges are safe, secure, and regulated just like US banks, so your information is well protected.
That said, you should be aware that buying ETH – or any other crypto – through a big commercial exchange requires you to wait 5-10 days before you can send that newly purchased crypto to off-platform address.
This waiting period is applicable mostly to new crypto buyers, so you’ll want to plan accordingly – especially if you’re thinking about betting at under-21 online sportsbooks with ETH. In that case, you may not be able to get your betting account topped off in time for the next big game on the calendar.
Generally, this wait is less of a pressing concern for ETH casino gamblers and ETH poker players (albeit online slots tournaments, online blackjack tournaments, and online poker tournaments do tend to run on strict schedules).
Pro-Tip: If it’s your first time buying ETH and you want to save time so you can deposit immediately after getting your coins, you can buy Ethereum using the Atomic Wallet store or a service like Coinify instead of going through the big exchanges.
After you buy your Ethereum – particularly if you go through the major Ethereum exchanges – we highly recommend that you move your Ethereum into a private wallet. While you can store ETH in your exchange account, this doesn’t give you custody of your Ethereum keys, which – though not terribly risky – is an unnecessary risk.
Ideally, any Ethereum that you don’t send directly into your online under-21 gambling account should be moved into a standalone software Ethereum wallet.
You can use a dedicated hardware Ethereum wallet for added security, though this will slow you down even more whenever you try to move more funds into your betting bankroll.
For under-21 mobile online gambling, the convenience of using mobile ETH wallets like Atomic Wallet or the Jaxx Liberty wallet is unrivaled. These Ethereum wallet apps are compatible with both iPhone and Android devices, and you can download them directly from their App Store or Google Play listings.
Warning: Please never download ETH software wallets or purchase ETH hardware wallets from third-party Internet pages or retailers. Only use official developer sites/mirrors and/or official hardware manufacturer storefronts.
The best under-21 online casinos all accept a host of cryptocurrencies, including Ethereum. While ETH may not be the best short-term online gambling currency given those expensive Ethereum gas fees, it has easily among the best long-term prospects of any crypto coin.
If you want to play online slots, online 21, online roulette, and other classic casino games with crypto – and if you have an eye toward making your casino winnings go way further in the long run – ETH casino gambling could be the edge you’ve been looking for.
And remember, all the top Ethereum casinos are also going to be Ethereum 2.0 casinos by default once the network switches over in 2022/2023.
Sports betting is one of the most accessible forms of online gambling, and ETH is one of the most accessible crypto coins. Put them together, and you’ve got a winning team.
Most under-21 sports betting fans already understand that cryptos like Ethereum are the future, but if you’re going to bet on a single coin to win the race, ETH is a pretty solid choice.
Ethereum costs a bit more than other cryptos to transfer and use, but its overwhelming popularity makes it a very safe crypto investment. Just be sure to give yourself a little extra time when making ETH sports gambling deposits, as they do tend to take a little longer. Slow and steady…
Under-21 online poker is extremely popular, and the majority of sharps learn to play poker in their teenage years. Most folks these days tend to learn to play the crypto market pretty early on, too.
Ethereum has long been one of the best hands to deal yourself in the crypto space, whether you’re investing and trading or just snatching up NFTs for your digital collection. Maybe one day, Bicycle will make NFTs of their famous poker cards. What do you think the Ace of Spades would go for?
Well, if you play your cards right and win at the online tables, you might be able to find out first-hand. Whatever your game – from Holdem to Hi-Lo – ETH is all in.
How To Gamble Online With Ethereum Crypto
Once you actually hold Ethereum, gambling with Ethereum at the best under-21 online betting sites is simple enough. Deposits and withdrawals are very straightforward, and there’s no big mystery to the process.
The only thing to remember is that online Ethereum betting is slower and more expensive than other popular crypto betting options. However, the Ethereum investment potential is generally quite high, which can easily make up for the expenses associated with using Ether to gamble.
Additionally, Ethereum 2.0 – slated for a late 2022 or early 2023 release – will transition the ETH platform from Proof-of-Work (PoW) to Proof-of-Stake (PoS), which should make expensive ETH gas fees and lengthy transaction times a thing of the past.
To deposit Ethereum into your online betting bankroll, the process works as follows regardless of the site you choose:
- Follow any link on this page to a legitimate online gambling site accepting players under 21, and click or tap the button to sign up.
- Enter in all your personal information as requested. Be sure to use only your real, verifiable info, as these sites all employ industry-standard KYC procedures.
- Choose the Ethereum option from your site’s crypto deposit menu and copy down your site’s unique Ethereum sending address. You can also activate an enhanced online gambling crypto bonus during this step.
- In your Ethereum exchange account or ETH wallet, choose the “Send” option and paste in the above ETH address.
- Enter in the Ethereum amount you wish to transfer to your betting site and submit the form.
When it’s time to collect your winnings, Ethereum is a great way to do so at every site featured here, and ETH gambling payouts work identically across the board:
- Head over to your under-21 gambling site’s cashier page and select Ethereum from the cryptocurrency payout menu.
- Open your ETH exchange account or Ether wallet and choose the “Receive” option.
- Copy down the unique Ethereum receiving address as presented.
- Back at your betting site, paste the above Ethereum address into the appropriate field, enter the amount of money you’d like to withdraw, and submit your request.
Pro-Tip: If you intend to hold onto your winnings as Ethereum, we recommend withdrawing them in the form of ETH and sending them directly to your crypto wallet. If you’d rather convert your ETH to USD as soon as you get your winnings, we actually advise pulling your money out using a different cryptocurrency such as Bitcoin Cash, Litecoin, Cardano, Solana, etc.
One of the best edges anyone can get when betting with Ethereum is to claim the crypto deposit bonuses offered by the top operators. Different sites have different bonuses and playthrough requirements, though we find them all to have attractive deals and fair rollovers for the vast majority of 18+ online gamblers.
Even better, every major under-21 gambling venue gives members enhanced bonuses for depositing in Ethereum (and other supported crypto coins).
Usually, these crypto online betting promos will be worth 2-3 times as much as standard deposit bonus options, so you’ll get appreciably more online casino free spins, online sports betting free plays, and online poker free bets when depositing with Ethereum vs. depositing with things like Visa, Mastercard, cashier’s checks, bank wires, etc.
Like all betting bonuses, Ethereum gambling promos are market-specific. Please always choose the ETH bonus that corresponds to the type of online gaming you most often enjoy.
Ethereum casino bonuses apply only to under-21 online casino games, Ethereum sports betting bonuses apply only to under-21 online sportsbook betting lines, and Ethereum poker bonuses apply only to under-21 online poker and poker tournament events.
Ethereum Online Betting Limits – Speeds And Fees
The only real “negative” about gambling with Ethereum is that the platform is slower and more expensive to use than other crypto options supported by the under-21 gambling websites we recommend.
- Ethereum Gambling Deposit Limits: 90-120 minutes, $5000-$10,000, no added fees
- Ethereum Gambling Withdrawal Limits: 3-4 hours, no max, no added fees
Online Ethereum betting deposits and withdrawals generally take between 90 minutes and two hours, depending on network traffic. If there’s unusually high traffic volume, ETH gambling transfers can take up to 24 hours, though this is extremely rare.
As such, Ethereum is usually a reliable same-day payout option at every site we recommend, with your ETH coins hitting your wallet within 3-4 hours on average. Payouts take longer than deposits because withdrawals must be authorized before disbursement.
As for costs, Ethereum transfers have no added fees, but the native ETH blockchain fees can be substantial. This is why many under-21 real-money gambling sites often have higher ETH deposit minimums compared to other crypto deposit minimums.
Ethereum Alternatives For Under-21 Online Gambling
Every single legit online gambling site for players aged 18 and up supports a host of cryptocurrency gambling options, so you’re never limited to Ethereum wagering unless you want to be.
And given Ethereum price predictions of $10,000+ by 2025 and $25,000+ by 2030, holding onto your ETH is probably a pretty good idea.
But again, ETH gambling might be a bit too slow and expensive if you’re only using Ether for online betting and not actual crypto investment. In that case, these are some of the crypto gambling options we recommend instead:
- Bitcoin (BTC)
- Binance Coin (BNB)
- Cardano (ADA)
- Solana (SOL)
- Avalanche (AVAX)
- Litecoin (LTC)
- Ripple (XRP)
- Stellar (XLM)
Your under-21 gambling site may support additional altcoins, as well. While we like the above options best, other coins – such as Bitcoin Cash (BCH), Dogecoin (DOGE), USD Coin (USDC), Tether (USDT), and Chainlink (LINK), and even Shiba Inu (SHIB) might be more suitable for your particular needs.