Ethereum Casinos are drawing attention among crypto gamblers, as the altcoin ETH is the next best cryptocurrency to use, while bitcoin prices continue to soar. More so now that price volatility is starting to show, where after hitting the $40K level on January 09, dropped and closed at $38, 728.50 as of UTC 5:20 pm today, January 10, 2021. More BTC owners are likely to refrain from using bitcoin for cryptogambling, just so they’ll have total control of their digital asset while awaiting BTC trading signals.
Crypto Sports Betting on Tennis as WTA Tour Kicked Off Last Jan. 05
In the meantime, crypto sports betting on tennis in ethereum casinos has been picking up ever since the Women’s Tennis Association (WTA) Tour kicked off with the Abu Dhabi WTA Women’s Tennis Open last January 05, 2021. The tour finals, for both singles and doubles are set to take place on January 13, 2021. The top seeders currently headlining the Abu Dhabi Tour is Australian Open Champion Sofia Kenin, followed by Elina Svitolina (No. 5), Karolina Pliskova (No. 6) and Aryna Sabalenka (No. 10).
The WTA has laid out a provisional schedule of the next four tournaments to follow in the holding of the WTA 1000 events of 2021,.up to July 11 After the Abu Dhabi Tour, the Dubai Duty Free Tennis Championships follow. The next tours include the Miami Open (U.S.), the Mutua Madrid Open (Spain) and the Internazionali BNL d’Italia (Rome).
However, the current schedule is still subject to change in light of the COVID-19 pandemic, which up to now is still causing disruptions among nations. In fact, the Indian Wells BNP Paribas Open, which traditionally starts in March will not take place this year.
Important Things that Newbie Crypto Gamblers Should Know When Betting in Ethereum Casinos
Gambling with the altcoin ETH is the next best crypto money to use since the Ethereum blockchain technology works mostly on smart contracts, particularly in relation to crypto gambling. Ethereum price has also taken off, and currently priced at $ 1,304.26 as of this writing. This denotes that an ETH coin now has greater equivalent in terms of betting money to use as one’s bankroll.
However, if you’re gambling with Ethereum for the first time, be in the know that you’ll be required to pay additional for the GAS fees required by ETH miners. Every ETH transaction processed in the decentralized Ethereum Virtual Machine comes with a GAS fee. This denotes that every deposit as well as every request for withdrawal transacted with an ETH casino involves payment of GAS fees.
Actually, GAS fee collection is said to be one of the reasons preventing the ETH crypto coin from taking up a large share of the cryptocurrency markets. Now that trading in ETH coins is also picking up, ETH miners have also raised their GAS fee. However, reports have it that some ETH miners are inclined to discriminate in the processing ETH transactions, giving priority to those that come with higher GAS fess.