Ethereum Gambling At Online California Casinos
California residents know all about cryptocurrency betting. As the home to Silicon Valley, CA is no stranger to crypto, nor are the state’s millions of online gamblers. And aside from Bitcoin, Ethereum is the most popular crypto coin going. To that end, every one of the best online California casinos accepts Ethereum deposits and withdrawals, enhancing both your betting convenience and your bottom line.
To learn how to use Ethereum for online CA casino banking at the top-rated legal California gambling sites, our short guide is everything you need to make the most of your money. Ethereum casinos are just getting started, so you should probably get started, too. Read on to find out more!
The Best Ethereum Online Casinos For California Residents
Every one of the legal online CA casinos listed below accepts Ethereum crypto deposits and supports Ethereum payouts when it’s time to collect. They each also offer members special Ethereum bonuses when signing up and/or making fresh deposits, and the crypto coin allows all members to claim same-day payouts with no added fees.
These sites are safe and legal to use for all CA gamblers, and there hundreds of real-money online casino games, live dealer table games, and other entertaining betting opportunities on tap.
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What Is Ethereum?
Ethereum (aka Ether, ticker symbol ETH) is the most popular cryptocurrency network – or blockchain network – in the world, thanks in large part to its smart contract and NFT capabilities. Many other cryptocurrencies use Ethereum tokens, and the platform actually sees more daily trading volume than Bitcoin as a result (although ETH’s market cap is second to Bitcoin’s by a wide margin).
Launched in 2015, the current ETH value as of Q3 2021 is trending around $3500-$3800, and Ethereum price predictions peg the coin’s value at over $10,000 by 2025 and as much as $50,000 by 2030.
Of course, even if these Ethereum projections are a bit high, the asset is clearly a solid investment for both online casino gamblers and crypto investors alike. And there’s no better way to score free Ethereum than by placing some bets and winning more ETH!
How Ethereum Works At Online CA Casinos
Using ETH for all your betting banking at the best online casinos in California is a simple matter, with the sole caveat that you actually have to get your hands on the stuff first. Once you do that, though, depositing with ETH and claiming Ether payouts is a breeze.
Remember, there are no CA online gambling laws that bar players from either betting online or from using Ethereum to fund their activities, so long as the sites you choose are safe, reputable, and established in the industry. While ETH has been added more recently to the banking suites at online casinos, using Bitcoin at CA online casinos has been happening for some time. The following sections will walk you through the process from start to finish.
How To Buy Ethereum
Ethereum – being the second biggest crypto coin in both California and the entire world – is among the easiest virtual currencies to purchase. Every major US-based and global exchange lets buyers convert USD to ETH, though there is a wait time that new crypto users face if making their very first purchases.
In other words, when you buy Ethereum for the first time, you’ll typically have to wait between five and 10 days before you’ll be able to send that ETH to your online Calif. casino of choice.
Here’s the basic procedure for how and where to buy Ethereum:
- Visit any reputable online crypto exchange like Coinbase, Coinbase Pro, Binance US, Bittrex, Kraken, etc., and create an account.
- Enter in all required information and verify your identity by following the instructions provided by the exchange in question.
- Link your existing bank account or debit/credit card to your new exchange account.
- Navigate to your exchange’s trading portal, find the listing for ETH (it’ll be right at the top!), and select the option.
- Enter in the amount of money you’d like to exchange for ETH, and you’re done.
Once your Ethereum order is placed, the ETH price is locked in. Ethereum may go up or down in the meantime before your account is credited, but you’ll get your Ether at its market value at the time you made your purchase.
Pro-Tip: Savvy California gamblers obviously want the most bang for their buck, as the cost of living in the Golden State isn’t getting any cheaper. To make sure you maximize your ETH, try to buy in when the coin is trading at or below its rolling weekly or monthly average.
Ethereum Casino Deposits
Once you have your ETH credited to your exchange account and are allowed to trade the asset off-platform (5-10 days), it’s extremely simple to get your online gambling account topped off.
As when buying Ether itself, you’ll want to load up your betting bankroll when the Ethereum price is trending low and then keep that Ethereum credited as such in your account.
Also, for security’s sake, we recommend not keeping your Ether on the exchanges. Instead, send it to a private wallet before you use it for any online CA casino action.
Then, just follow these instructions:
- Click or tap on any link here to visit a trusted California online casino operator.
- Sign up as prompted, taking care to enter in all information as requested. Be sure to use real, verifiable data, because the best betting sites use the same kinds of KYC protocols employed by crypto exchanges and traditional banks.
- Choose the Ethereum deposit option and copy down your CA casino’s “Ethereum sending address.”
- Select an optional online crypto casino bonus from the promotions menu.
- Inside your ETH wallet (exchange-based or private), select the “Send” option and paste in the above ETH address.
- Enter in the amount of Ether you wish to transfer to your CA betting site and submit the form.
Ethereum online gambling transfers take between 30 and 60 minutes to process, as the ETH blockchain is one of the slower platforms in the crypto space.
Ethereum transaction fees – or Ethereum gas fees – are also variable, but these are part of the blockchain itself and are not charged by your online casino.
Every crypto transaction – regardless of the coin itself – comes with native blockchain fees. The best California casino online charge no added fees for Ether deposits.
Ethereum Casino Payouts
After you’ve racked up some winnings at the online CA slot machines, online electronic blackjack tables, etc., you’ll probably want to cash out your haul. Fortunately, claiming your payouts in ETH is fast, easy, and offers a lot more value than most other banking methods.
Plus, since you’ve already deposited with ETH, you’re all set up to receive your money without any additional hoops to jump through:
- Open your Ethereum wallet and select the “Receive” option.
- Copy down your ETH wallet’s unique “Ethereum receiving address.”
- Visit your online CA casino’s cashier page and select the Ethereum payout option from the withdrawal menu.
- Enter the above Ether address into the provided field and plug in the amount of your eligible account balance you’d like to claim.
- Submit your online casino payout request.
Like all crypto payout options at the best-reviewed CA online gambling sites, Ethereum allows you to claim same-day payouts with no added fees (minus the built-in ETH fees mentioned above).
Withdrawal requests are mostly approved automatically, but those for larger amounts are sometimes audited by the site cashier. This process can take up to two hours, depending on the volume of requests pending from other members.
Once approved, you’ll receive your ETH in your crypto wallet or exchange account in 30-60 minutes on average.
Ethereum Gambling Bonuses
Gambling bonuses are one of the biggest ways the best CA Internet casinos compete with one another. All sites offer different bonus options, bonus amounts, rollover rates, and so on, but they all feature enhanced bonuses when players deposit with Ethereum or any other supported cryptocurrency.
While a standard online casino bonus might match your deposit at 50% and/or top out at $1000, crypto deposits often boost the match to 100% or more and top out at $3000-plus.
These are the standard kinds of bonuses you’ll find at the sites recommended here:
- Ethereum Casino Sign-Up Bonuses – New Members Only
- Ethereum Casino Reload Bonuses – Existing Members
- Ethereum Casino Daily Bonuses – Game-Specific Bonuses
- Ethereum Casino Refer-A-Friend Bonuses – Unlimited Referrals
Best of all, these special Calif. online casino promos usually come with the same low rollover rates as standard bonuses, making all the terms and conditions easy to meet.
Still, it’s important that all online gamblers are informed gamblers, so be sure to always read and understand your casino promo’s terms and conditions before accepting any bonus. And as always, please remember that CA online live casino games do not contribute to your bonus rollover requirements.
Ethereum Casino Fees And Limits
All legitimate online casinos have banking fees and limits to be aware of. Of course, in the case of cryptos like ETH, the top sites add no surcharges to deposits or payouts made using these specific methods.
As a responsible gambler, you should also be aware of your site’s standard crypto deposit and withdrawal limits. These vary by operator, but since each venue favors crypto over traditional options, the limits are always much higher than those for fiat currencies.
Ethereum Betting Fees
As stated above, the best California casinos online charge no added fees for deposits and withdrawals made with the Ether cryptocurrency. However, Ethereum itself has transaction fees to be aware of.
Additionally, because of the complexities of the ETH blockchain platform, those fees vary to a greater degree than most other crypto fees. However, they’re still reasonable for the vast majority of players.
Ethereum Betting Limits
Ethereum deposit limits vary by venue, but they all fall under the range listed below. VIP members of the best CA online gambling sites can get higher limits upon request, so be sure to drop your site cashier a line about upping your limit once you’re an established player.
- Minimum ETH Deposit: $10-$50
- Maximum ETH Deposit: $5000-$10,000
- Minimum ETH Withdrawal: $50
- Maximum ETH Withdrawal: $2500-$9500
Best Ethereum Wallets For Online Calif. Casino Gambling
Whether you’re using Ethereum for online casino gambling, short-term trading, long-term investment, or any other purpose, it’s considered an industry best practice to move your ETH off the exchanges once you’ve bought in.
While storing crypto on the major exchanges helps facilitate day trading, it also means you don’t have full custody of your keys. For security purposes, private Ethereum wallets are a better option, as these allow you – and only you – to have access to your keys.
Best Ethereum Software Wallets
Software wallets are what we recommend for maximum convenience. These allow you to maintain control of your Ethereum keys while still giving you the flexibility to quickly send ETH to and receive ETH from your online CA mobile casinos of choice.
Every software Ether wallet requires you to write down a multi-word mnemonic password, which allows you to recover your wallet on any system should you lose or damage your smartphone, tablet, or computer.
- Argent Wallet*
- Atomic Wallet
- Exodus Wallet
- Guarda Wallet
- Jaxx Wallet
*Argent Wallet works a bit differently from the others above, in that it’s actually a non-custodial wallet and allows account recovery through an associated mobile phone number and email address. Please only use this option if you believe you’ll lose your mnemonic crypto passphrase for the other wallets.
Best Ethereum Hardware Wallets
Hardware ETH wallets add in an extra layer of security, as they allow you to keep your Ethereum keys offline in a secured USB device. However, these actually cost a bit of money, and there’s a slight learning curve involved.
Also, transfers to and from crypto hardware wallets take a bit longer to conclude, as there are more added steps when depositing to and withdrawing funds from your online CA casino site.
- Ledger Nano S ($59)
- Ledger Nano X ($119)
- Trezor One ($60)
- Trezor Model T ($190)
Caution: Please only download software ETH wallets from their official develop pages and/or iPhone, iPad, and Android app marketplace listings. Similarly, please only purchase ETH hardware wallets from their official manufacturer pages. Never use third-party websites, mirrors, or storefronts to download or buy cryptocurrency wallets.