EOS Gambling Sites – Stake & Other Recommended EOS Online Casinos
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EOS Gambling Sites – Stake & Other Recommended EOS Online Casinos
- Playing in the casino with EOS – important information
- Top EOS casinos
- Why choose EOS?
- Well-known crypto exchanges where you can purchase it
- Deposit EOS in the casino – The most important steps
- Is it possible to actually play in EOS as your betting currency?
- Versatile gaming options with the EOS token
- Popular EOS alternatives
- EOS casino bonus offers and promotions
- Our assessment of EOS casinos
When people are in search of crypto casinos, they are often looking to gamble in Bitcoin. But not always. Because although crypto gambling and Bitcoin are often synonymous in people’s minds, that is in no way the case. That is, service oriented operators like Stake know, that there are actually many other popular digital coins out there, and hence cater their banking mechanisms accordingly.
The thing is, while EOS is currently ranked somewhere around the 24 mark (that number obviously fluctuates give or take) in terms of popular crypto currencies, there are very few online casinos that accept it for transactions, usually preferring to stick to the top five or six coins on the market.
So Stake already stands out on that front, making it an automatic top choice for those looking to gamble with EOS. And that of course, is one of the prime reasons why we love Stake so much. But this review isn’t about heaping praise on our top pick. Rather, we wanted to help our readers understand the uniqueness in Stake offering EOS banking, and help you find other relevant places, if you please.
|Founders:||Brendan Bloomer and Dan Larimer|
|Availability:||More than 100 countries|
|Contact:||Website contact form|
|Best EOS casino:||Stake|
If you already hold EOS, you obviously don’t need any convincing as to its value, though this article can still help you with some interesting tidbits. For those wondering what EOS is, and how it can be maximized for play, then this one is especially for you – with important history, functionality, and tips within. And now without further ado let’s dive in…
So basically, understanding what EOS is and its relationship to EOSIO can be confusing to those who are less familiar with the blockchain. But in a nutshell, EOS is the cryptocurrency which the EOS.IO blockchain protocol is based on (which can be used for developing, running, and hosting DApps or business applications).
It was originally launched in January 2018 and in June that same year held an ICO (initial coin offering) that raised $4.1 billion for its holding company and the original developer of its open source software, Block.one. Anyhow, like we said, a bit complicated for those who are only here looking to gamble in crypto, but it is nice to have a bit of a bigger picture so we shared.
As for the coin itself, one of its central principles in development was to break into countries where currently crytpo isn’t allowed. Hence, it is seen as having high potential over time, as its technology and popularity improve. Some experts even go so far as to say that it could be an ETH killer, though we don’t see any real reason to believe that, as there seems to be plenty of space for a plethora of digital coins out there. So there you have it.
Playing in the casino with EOS – important information
As for the important matter at hand, at the time of writing this review, the reality is that the online gambling options for those holding EOS tokens are still very limited. Or in more simple terms, there are only a handful of online casinos where you can use them.
StakeFans, of course, are in luck, as our favorite casino is one of the pioneers when it comes to the versatility of accepted digital currencies, allowing you to deposit, withdraw, and play with EOS as well as Bitcoin, Ethereum, and other alternatives (currently eight different options in total).
By the way, if being able to bank in EOS is a critical factor for you, then it is easy enough to find out from the get-go if it is an accepted payment method at your preferred provider, usually before registration. That is because most reputable online casinos at this point are very transparent about what you should expect, and often offer their visitors all the necessary information on their homepage or under a special link to a page covering the subject of payments. If not, you can always turn to the casino’s customer service via chat or email and ask specifically if they work with EOS, even before you have set up an account.
Top EOS casinos
|Casino||Bonus||License||Play with EOS|
|100% up to $100K + 30 free spins||Curacao|
|4 x 180 % Bonus||Curacao|
Why choose EOS?
While we’ve provided our top picks in the chart above, the reality is that finding an EOS casino is not all that easy. That is because there is simply not a large selection of crypto casinos out there that allow for EOS payments in addition to well-known currencies such as Bitcoin and Ethereum.
This, is the situation today mind you. But it could easily enough change in the coming years, especially if EOS continues on an upwards trajectory. And there are a number of reasons why many people think it could.
For example, the speed at which new EOS blocks can be generated makes this currency interesting for the gaming sector. And the ecosystem of the Cayman Islands-based company seems perfectly thought-out too for growth and long-terms functions. Also, while EOS is admittedly not that popular in places like Europe (yet), it has certainly established itself as one of the most successful and important cryptocurrencies in places like China.
And for those looking to get into the crypto game, it can also hold appeal in that the entrance threshold is low. That is, the purchasing price is generally extremely low, especially in comparison to something like Bitcoin. Also, while it does fluctuate in terms of its value, regularly moving up and down, the sway is less dramatic to your pocket, as it has a lower value to start with. So while you would need to buy A LOT of EOS to make a serious profit on a trade, it is also in kind harder to lose large sums. And overall, it is considered a relatively stable coin for that.
Plus of course, there is the well-known speed for transactions, plus none to very low transaction fees.
So in a nutshell, EOS advantages include:
- No fees for deposits and withdrawals
- Extremely fast transactions
- Secure DApps structure, suitable for all platforms
- High scalability
- Easy to use Block.one website
- Exceptionally secure
- Easily available on popular crypto exchanges
Again, at this point in time, no prediction can be made as to whether or not EOS will succeed in asserting itself against more prominent currencies on the market. In general, EOS performs very well, especially in comparison with Ethereum, and the operators of the blockchain have been working tirelessly for years now to improve it and create a more user-friendly interface. But what will ultimately happen at the end of the day is anyone’s guess.
Does EOS also have disadvantages for casino players?
Probably the biggest disadvantage of EOS is that there are very few crypto casinos that accept the currency at all. As such, the truth is, other tokens may be more suitable – especially for players who are looking for as much variety as possible and who do not want to limit themselves to the three providers mentioned above. That, however, is some people. For us StakeFans, we find it is crucial that we can make EOS payments at our number 1 casino at any time. Because we actually see that as flexibility.
Other than that, there aren’t any real disadvantages. The price of EOS fluctuates, true. But so do all crypto coins. And the purchase price is low, so really anyone can get in on the game.
Some people have complaints about the EOS blockchain in general, that have nothing to do with casino. For example, some people are suspicious of its management which was charged (and ultimately settled) at the time of its ICO, and the company itself which still holds a lot of the coin, which some don’t like (i.e. an issue of centralization). Plus, the CTO Daniel Larimer recently left, leaving some people wondering.
But overall, while this blockchain still has a few pitfalls and is ultimately not yet 100% mature, ongoing fine-tuning is constantly improving the platform, with results that can be felt. There may not be many EOS casinos out there yet, but as we see it, that’s simply another reason why Stake shines, letting you rather uniquely bank (and play) in this rising star of the crypto currency world.
Well-known crypto exchanges where you can purchase it
In order to be able to play games or make a deposit with EOS, you need to first purchase it (either before or in the case of Stake, via MoonPay from your casino wallet). This is done by exchanging a fiat currency like dollars or euros for the crypto currency you want. Your crypto is then held in a wallet, much like any bank account via the crypto exchange.
If you don’t know where to do this, note there are a number of exchanges out there. Obviously do your due diligence to research any one that you find you are interested in. Though we can already tell you that the following are suitable for EOS purchasing, and are known as reputable crypto exchanges overall:
To get started on any of these crypto exchanges, you will first need to set up a customer account. But from our experience, this is a quick and easy process. If exchange fees are part of your deciding factor in choosing one of these wallets over another, we recommend that you have a browse through each exchange’s website, to investigate their rates for each digital coin you are interested in.
If it is only EOS you are looking at, we can already tell you that its transaction costs are generally known to be on the lower end, and certainly far less than Bitcoin, for example. With regard to other functions, it is also worth taking a closer look at the wallets mentioned, especially for those planning a longer-term investment in EOS.
Deposit EOS in the casino – The most important steps
Making an EOS deposit at the casino is more or less the same as making a deposit with any other currency. You will, of course, first need to create a casino account in order to proceed, which is easy enough and requires just a few basic details about your identity like your full name, email address, and usually physical address, and phone number too.
Plus, if it is a place that is operating legally you will need to confirm that you are over 18 years of age by providing your full birthdate as well. Once you have done that, you are good to go and can make your first deposit. To do so, you will need to go to the casino cashier.
- Open the cash register by clicking on the blue button labelled ‘Wallet’ (found at the top of your screen).
- Select EOS from the dropdown list as your means of payment.
- Make the transfer to the EOS deposit address provided onscreen and make sure to include the memo / destination tag so the funds go to the right place.
- When your wallet opens up enter the exact amount you want to send. Remember, in crypto there is no going back, so always be extra careful.
- Confirm payment and wait for credit.
Keep in mind, banking with crypto is a bit different than with fiat currencies. Each time you go to make a transaction, you will need to send it to the exact address displayed. You can either retype or copy paste that address into your crypto wallet manually, or you can scan the QR code for this.
Good to know: To ensure that tokens are not misdirected, it is essential to check each field entered carefully, and only press send once you have made extra sure that the information is correct.
Making EOS withdrawals
By the way, since we’re sure you also want to know about withdrawals, we can tell you that they are just as easy and work in the exact same way essentially as deposits, just in reverse. So if we go back to Stake as our example, you would simply open your wallet, click on the ‘Withdraw’ tab, choose EOS from the dropdown list, and proceed from there.
How long does an EOS casino deposit take?
One of the things that EOS is best known for is its speed of transactions with its ability to make millions of transactions per second. This by comparison, happens to be way faster than Bitcoin.
For you this means that from start to finish it will take only a matter of minutes before you see the funds in your account. And the same goes for when you go to cash out. Near instant transactions in both directions, that is.
Is it possible to actually play in EOS as your betting currency?
While what all crypto casinos have in common is the fact that you can bank at them in different digital coins, there is a difference between them in terms of actually betting.
That is, some online casinos will let you enjoy the full offering with actual crypto bets, using that as your wagering currency, while others will still have betting functions in fiat currency. In the latter case what happens is you deposit in say EOS, then that amount is converted internally to a fiat value, which you gamble with, and then when you go to cash out, it is exchanged back according to the current EOS exchange rate.
So herein again lies one of the biggest advantages of Stake in terms of EOS gambling in particular and crypto wagering as a whole. That is, at Stake you rather uniquely get to bet in your crypto coin of choice. This includes wagers on the full gaming catalog from slots to roulette, live games, and of course even the Stake original titles like Plinko and Crash.
Since all cryptos fluctuate in value, to help you keep track and on budget, Stake also gives you the option to display the amounts you’re betting in the fiat of your choice such as Canadian dollars, yen, or Brazilian real.
Versatile gaming options with the EOS token
So just to clarify, while the exact wagering mechanisms may differ between operators, the same game options apply to EOS as to all other accepted cryptocurrencies. That means, if EOS is an option at the casino you choose, all of its games will be available to you including slots, table games, live games, and all. And since this is crypto gaming we’re talking about, all will also be provably fair.
If you happen to see a casino, by the way, advertising Bitcoin games specifically, this is an obvious indicator that this is one of the crypto currencies it accepts. However, Bitcoin has very much become synonymous with crypto as a whole, so it is always worth checking if other digital currencies like EOS or Ethereum are accepted as well. If so, then you can be rest-assured that the full offering is available in any of the currencies offered.
EOS live gaming – Does it work?
Experience has shown that there are no restrictions on the game selection in crypto casinos. So just to be clear, yes, you absolutely can play live games with crypto as well, including EOS at places like Stake. That means live roulette, live craps, live baccarat, and more – even the exciting Evolution Gaming TV style game shows. Also, as an aside, at a place like Stake, there is EOS sports betting available too. Just another great reason we prefer this place!
Popular EOS alternatives
While we certainly love Stake, anyone who is interested in crypto casinos beyond, for the most part, will not always have the opportunity to use available EOS credit as a means of payment. As such, if you want to enjoy crypto gambling, you may want to also consider other well-known crypto currencies, and possibly buy them at an early stage via one of the preferred exchanges.
As an idea, almost all crypto casinos we’ve come across accept:
When it comes to fees, these more established coins cannot necessarily compete with EOS. However, in return, what they offer for our purposes is a larger range of crypto casino options, and ultimately games and bonus options.
EOS casino bonus offers and promotions
If you are wondering about particular EOS bonuses or other promotions, the reality is we haven’t found any. That is, none directly associated with these tokens alone. Rather, from what we have seen, any online casino that accepts EOS will also give any relevant bonus or offer in accordance.
EOS bonuses at Stake
For example, for StakeFans, the same general conditions apply for EOS bonuses as to Ethereum and other digital currency bonuses. And while it is true that the provider has dispensed with a welcome bonus per se, as we all know it has been well replaced with other versatile and lucrative campaigns – above all, the very attractive VIP program which rewards you with loyalty points for every wager. And as you reach higher VIP levels, some significantly awesome services and prizes too.
So yes, it is safe to say that there are in essence EOS bonuses available at Stake. But what about its competitors?
EOS bonuses at Fairspin.io
One of the great things about Fairspin, and certainly a big attraction for many new players is its four-part welcome bonus. That is, when you join, you will get a very significant bonus on your first four deposits, each at a different value, but all relevant for EOS as much as any other accepted currency.
The first deposit bonus, for example, is a matter of choice, but if you want the highest level and you’re willing to invest a lot from the get-go, it can be for as much as 100% up to $100,000 plus 30 free spins! Note, while the amount for this and the other parts of the welcome offer is listed in dollars, rest-assured, this amount is simply converted to the dollar value should you opt to bank in EOS. Additionally, there are other relevant promotions from time to time, plus there is always the awesome rakeback program, which helps you earn valuable TFS tokens for every bet.
EOS bonuses at BC.Game
BC.Game for its part has a lot of promotions running at any given time, which again can be claimed with EOS deposits as well. In fact, as it boasts on its very own Promotions page, you can get a bonus on every deposit as you get started beginning with a 180% bonus on your first three deposits, and up to a whopping 240% reward on deposit number four.
Deposit with EOS and get free spins
Regardless of which cryptocurrency you prefer, we have found EOS casinos to be very generous overall, especially when it comes to granting free spins. New customers receive up to 140 free spins at Fairspin, for example, as part of its four-part welcome package. Just note you will need to make all four deposits to claim them all.
And, while not officially a part of its generous welcome package, at BC.Game there is another way to get free spins with EOS. And that is through (pardon our language) what it calls shitcodes, which among other things can be used to unlock free spins and other rewards.
As for Stake players, we are privy to lots of free spins too. Most often, these are granted as a loyalty bonus, and in some cases also as a reward when you make it to a new VIP level. So similarly to how it works at BC.Game (where you earn free spins based on your effort really), at Stake if you want more free spins, playing more, in large part, is the way to go.
Our assessment of EOS casinos
Overall, after all that we have written, there is not much more to say. There are, as we have seen, not all that many online casinos out there that work with EOS at this moment. But as we know how things work in the crypto world, that could just as easily change at any point.
So for the time being, as StakeFans, we can stay secure in knowing that this really is the top option for online EOS gambling. And for those still wondering if it is worth it, we can’t really tell you. Obviously crypto currencies like Bitcoin are more ubiquitous. But EOS is way cheaper to buy. So really this is going to be a decision based on your personal budget, investment interests, and only marginally at which online casino you would like to play.
If you do go with EOS, however, it is good to note, and conclude, that as long as you can find a casino that accepts it, there are no worries at all. EOS is safe, relatively stable, and eligible for casino bonuses too.