Ethereum is the second largest cryptocurrency following the Bitcoin in just a span of two years. Proposed in the later months of 2013, the platform applications of the program runs independent from fraud, control, third party interference, and censorship. Its booming popularity paved the way of other digital currencies to join the bandwagon of crypto money. The founder of Ethereum is Vitalik Buterin, a Russian Canadian Programmer who saw the promise of Ethereum in the field of cryptocurrency.
Knowing more about Ethereum
Launched in 2015, the value of ethereum rose 6,800% since the start of this year. From a mere $8 worth in January 2017, one ether now cost $480 (£358 billion). Total ether circulating is $46 billion (£34 billion) against bitcoin’s $180 billion (£134 billion) @ $10,000 per bitcoin.
There are still a few online sportsbook accepting ethereum as a mode of betting. But with the significant acceptance of bitcoin that would take over the wagering medium on online sportsbooks, ethereum is surely to trod its path and will have its own ethereum betting option menu in the the sportsbook betting software.
One of the ethereum sportsbook that will be accepting the ethereum payments is the bigbook.ag sports betting software. When bitcoin is gradually enjoying its usage in the online gambling arena, ethereum is also tracing its path as a cryptocurrency that will soon have its own ethereum payment option in sportsbook betting software.
Ethereum has its special features that emulates what the bitcoin has. It is safe and free from fraud. Ethereum transactions are untraceable and once the deal pushes through, it is non-reversible. It is also free from second or third party control and intervention.
Bigbook.ag have ethereum in its betting sites for account holders of the cryptocurrency. The sportsbook makes ethereum as one of its cryptocurrency preferences as its is so secure to receive and payout on digital currency betting sites. It is impossible to take away your money without your permission.
Ethereum betting casinos
Online casinos accept ethereum as a betting medium like the Crypto betting sites, Lucky Games, and Fortune jack offering Dice, Blackjack, Slots, Video Poker, Roulette, Plinko, and Lottery.
There are a few betting Sportsbook Sites like the Betcoin Sports. 1XBit sports booking program in one of the ethereum sportsbook betting sites that successfully integrated ethereum in their software. 1Xbit sportsbook has all the betting opportunities under one domain that includes sports betting, poker, slots, dice, live dealer game and much more using your ethereum deposits.
WIth Xbit Ethereum sportsbook, payment is swift and convenient which is what punters want when they gamble. They would also want to withdraw as often as they would like. Frequent withdrawals allow punters to manage their ethereum accounts efficiently. The withdrawals also avoid impulsive betting which is contrary to smart betting.
Ethereum Conversion to Bitcoin
If a betting site does not have an ethereum sportsbook, there is a facility that allows a bettor to convert his ethereum deposits into a much widely used cryptocurrency, the Bitcoin.The services are integrated into the sportsbooks to turn the ethereum deposits into a fast and secure method. The services are the Shapeshift.io and CHangelly.com. Non ethereum sportsbook rely in these two conversion apps that do the exchanges from ethereum to bitcoin cryptocurrency.
The process takes from five to 30 minutes for the conversion, after which you are good to go. The procedure is doable without any registration with these reputable websites. The method then allows gamblers to bet on reputable betting site that does not have ethereum sportsbooks yet.
With your ethereum deposits converted to bitcoins, you may now proceed to placing the bets in bigbook.ag sportsbook since the sports betting software does not have ethereum integrated to its betting site at the moment. The betting site has features that offers bettors with a wide array of sports betting lines that will cater your ethereum converted to bitcoin deposits as the site has its own bitcoin payment option menus.
Bigbook.ag has bonus offering that is hard to ignore that will go a long way in your betting activity. Bigbook.ag assures gamblers of an exciting experience and a boost to your entertainment value. The site is the best the sportsbook betting industry has to offer with its safe and secure software structure that there is no need for punters to worry when betting on the peak of sports seasons.
Gambling on ethereum sportsbooks has also the feature of withdrawing your winnings fast and secure. The method also works like any digital wallet once you have your ethereum accounts ready, you’ll just have to find a reputable ethereum sportsbook to enjoy your betting activity.
Ethereum and its market volatility
Ethereum in its young journey in the market is still threading in volatile surface. Due to its new exposure in the market, the somewhat brittle cryptocurrency is feeling its way around, establishing its presence in the industry. Players have to deal with its acceptability and risk holding on the digital money and may risk their investments.
To protect gambling enthusiasts from the risk of being in the volatile market environment, a number of ethereum sportsbooks allow players to immediately convert their ethereum deposits into US dollars. When the punters are ready to withdraw their deposits from the ethereum sportsbooks, the dollar converted ethers will the be reconverted to ethereum. The procedure ensures the gamblers of the value of their ethereum upon making the deposits from any fluctuating market occurrence of the cryptocurrency.
With the security from fluctuating market events and the websites that aid in ethereum conversion to bitcoins, you may choose a reputable sportsbook for your gambling luxury. An ethereum sportsbook is available and any trusted sportsbook is fine with your ethereum converted to bitcoins.
Bigbook.ag is a sportsbook website that we recommend when you intend to do your online gambling activity. You can use this site for any of your cryptocurrency. If some betting sites do not have ethereum sportsbooks, their is the conversion websites that can aid and secure your deposits. The procedure is quite applicable to bigbook.ag since it successfully integrated bitcoin in its gambling platform that includes accessibility of mobile devices in the placement of bets.
With the Ethereum sportsbook and non ethereum betting sites we recommend are safe and secure to transact with your betting activities. Ether is safe to use as a credit card or banking option as it is not under control of any financial institution. The sites recommended are fair and pays out whatever winnings the gamblers have. The reputable gambling sites do not trick their players with confusing computations so they could rip tem of their hard earned money.
Ethereum sportsbooks have high level security encryptions that is safe for the bettors using their ethereum wallets. The betting sites have sophisticated level of security that codes your wagering, personal identity, and financial information that ensures your account is hack-free.
Bigbook.ag is fair and true to its players using either their ethereum or bitcoin accounts. If bigbook.com can not accommodate ethereum just as yet, use the Shapeshift.io and Cangelly.com for the ethereum to bitcoin conversion so you may still enjoy your gambling pleasures with bigbook.com.
Some sportsbooks may see ethereum as a risky medium to accommodate in their betting platform due to its nature in the cryptocurrency market. Some believe that it will overtake the bitcoin in the near future in the betting arena.
The new Ether technology will eventually replace the bitcoin in the gambling arena as betting medium. Industry figures point in the direction of ethereum to be as useful as bitcoin in banking options. Ether options for bigbook.ag is getting ready to accommodate the betting sector and makes sure of the betting experience is exciting and enjoyable in all betting line that are made available to punters.
We will update you with more Ethereum Sportsbooks and recommend the bigbook.com as the best and reputable betting site in the online sports betting industry.