The Best Crypto & Ethereum eSports Sites In 2023

What Is Ethereum eSports

Simply put, Ethereum eSports betting sites are made to let you bet on player ́s games, events, and competitions played in video games where every payment and payout is made out of Ethereum. Ethereum is a decentralized blockchain platform that works smartly with fast transactions and easy payments and is often used in gambling and betting. The gamblers bet on teams made out of professional players competing in video games. eSports has grown a lot in people's interest over the years and so has the eSports betting made its way up to the top. Betting on video games outcome is very thrilling especially if you are a gamer yourself and would like to bet on your favorite games are being played. eSports has even joined the ranks to join the Olympic games and will definitely be a fan favorite in a couple of years, only rising and becoming more wider and popular.

A ton of platforms have risen over the last few years that facilitate Ethereum eSports betting and will probably become even more soon. The platforms are often operated as decentralized applications, dApps as they can be shortened, built on top of the Ethereum blockchain to make them better and safer. They offer a lot of different types of video games and eSport materials to choose from on the sites. As the industry is growing and as mentioned before eSports are just getting started, so in a few years we will likely see a growth in the sport with more offers and opportunities for enthusiasts and investors alike.

Before You Start Playing

Diving right into a betting site could be really bad and have some boring consequences that you do not want to be involved in. So here are going to be some good pointers to think about before you start heading to the gambling site.

● Understand and read up on both eSports and Ethereum. Know exactly what Ethereum is, how much it's worth, and where to get/store it just to have a feeling of what kind of cryptocurrency you are dealing with. Then get a grip on eSports like what it is, what is most popular, and strategies to help you understand how to play and how you should gamble.

● Make sure you choose the right platform by undertaking investigations into how trustworthy the site really is. Read reviews and check if they have a license to have a gambling site and make sure it is built upon the Ethereum blockchain.

● Have a great eye on the potential risks that come with gambling online. Ethereum is a cryptocurrency and they have a reputation to be volatile, and if you do not keep an eye out for its worth it might cost you dearly. Set a budget and avoid betting too much and you will be fine to continue knowing you are fully aware of the risks.

● Make sure you are aware of the legalities and the different jurisdictions regarding gambling with Ethereum in your region. It is good to know if you are allowed to bet on eSports and if the rules accept your use of cryptocurrency settings.

What to Be Aware Of

The world is unfortunately not a very trustworthy place sometimes, and the internet is responsible for a lot of worrying with scams and other fraudulent activities. When gambling online it is necessary to consider all of the risks and be aware of the possible dangers that could follow. But there are certain steps that will be of great help for your journey. Ethereum is a cryptocurrency, and they have a tendency to be very volatile in the market and this is very important to keep track of. Be prepared for every swing that could come your way when betting in eSports. It might also vary in regulations over the use of cryptocurrencies and the laws of betting. So make sure you are aware of the regulations and laws in your country or region to be absolutely sure that you are allowed to play without getting involved in illegal activities. One of the highest risks is if there are no security measures surrounding your wallet. There have to be strong two-step security measures and a platform that provides clear instructions on how your information will be private for any user.

Not all Ethereum eSports betting sites are perfect, and some even have major technical difficulties. Before choosing your platform you need to read up on reviews and make sure they have the proper license to be sure that this is a carefully selected platform. The platform is not the only thing you need to be aware of, you also need to think about yourself. Gambling can be very addictive and chasing losses is not impossible to lose yourself into. But if you have a clear mind and are aware of the risks and you set up a nice budget for yourself and stick to it, there are not going to be any problems regarding this subject. It is called the practice of responsible gambling, and it is extremely necessary. Since the transactions are done with Ethereum, be aware that it is recorded on a public blockchain and so on can compromise your personal details. So if you know this you can be more careful in where you transfer your currency and how to deal with your information.