Best Zcash (ZEC) Sportsbooks – Zcash Gambling Guide

If there is one thing that online bookmakers try to promote these days, it is cryptocurrency payments. Reading the title of this article, you might ask yourself What is Zcash? and why you should use it for gambling. Simply put, Zcash is a cryptocurrency similar to Bitcoin, but with more advanced privacy measures. It was launched in October 2016 and has a supply limit of 21 million units.

In this guide, we will tell you all you need to know about gambling with Zcash and talk about all of its advantages and disadvantages in the gambling world. 

Best Zcash Sportsbooks

Although Zcash is a relatively new cryptocurrency, there are few Zcash gambling sites on the web accepting it. On the list below, we have listed sites that fulfill our criteria when it comes to market variety, gambling options, and the safety of doing crypto transactions.

Zcash Sports Betting: Pros and Cons

When visiting the official Zcash website, the first thing you’ll notice is that they take pride in their privacy protection. Transaction information is kept confidential, which is always a plus when you’re transferring money online.

Another advantage of this cryptocurrency is that you will usually have higher limits when it comes to deposits and withdrawals. Transactions are also faster than with other methods. Anonymity is guaranteed, and you will be able to perform payments without leaving sensitive banking details to the operator. 

Of course, Zcash does have its downsides, one being that it is considered to be a relatively volatile currency. Another issue arises when one starts to wonder which sports betting sites accept Zcash. While there are several of them, they are few and far between, so you won’t have too many choices.

Zcash also had some legal issues in the past surrounding its privacy, and it is restricted to CPU mining. The general problem with cryptocurrency transactions is that not many people understand how they work and how to use them. If you are one of those people, read the following paragraphs.

The Most Trusted Zcash Gambling Sites: Where to Play?

In this section, we will take a brief look at some of the best and most trusted Zcash betting sites. We chose the top three that include 22bet, FortuneJack, and 1Xbet.

22Bet Zec Review

22Bet is one of the newest online bookmakers, being established in 2017. It holds a UK and Curacao license and is characterized by high odds and plenty of betting markets. Number of Cryptocurrencies: 9 Min/Max Deposit: None Deposit Fees: Depends on your location Min/Max Withdrawal: 0.004 BTC or equivalent in other cryptocurrencies Withdrawal Time: Instant Withdrawal Fees: None 👉 Join 22bet 👈

Fortune Jack Ethereum Gambling

FortuneJack covers more than 20 betting markets with top competitions from all major sports, such as NFL football, Premier League soccer. Also, you can enjoy live in-play betting, virtual sports, and a great casino. No withdrawal fees Multiple cryptocurrencies accepted Cash-out options, high odds, and plenty of extra bets End-to-end sportsbook Min/Max deposits – 0.002 BTC or equivalent/no limit Min/Max withdrawals – 0.004 BTC or equivalent/no limit 👉 Join Fortune Jack 👈

1XBet Zcash Review

1Xbet is a site that is predominantly focused on the Eastern European market and the CIS countries. Nevertheless, it accepts players from various regions and provides a great betting experience. High and competitive odds on all events Plenty of great promotions and welcome bonuses Excellent HD live streaming options you can use on mobile devices Min/Max deposits – $1/no limit Min/Max withdrawals – $1.5/no limit 👉 Join 1XBet 👈

 

What about Zcash Casino

Apart from sports betting, you can use Zcash to wager on your favorite casino games. There are usually no restrictions as to which games you can play with Zcash deposits. You can enjoy all sorts of table and card games like craps, poker, blackjack, roulette, baccarat, and others.

Of course, you can also try your luck on different video slots – there are plenty of those on the websites we’ve mentioned. 1Xbet has over 2000 casino games and FortuneJack has over 1000, so we suggest you try one of those.

How to Buy Zcash?

Opening a Zcash account is relatively easy. Go to their official website and click on Get Started to discover extensive details about this cryptocurrency. If you want to buy ZEC, the quickest way to do it will be through one of many crypto exchanges.

If you got all this sorted out, you need to know how to deposit with ZEC in bookmakers. First you must register with the bookie, then navigate to your account and choose Zcash as your deposit option. Select the amount you wish to deposit and wait until your payment is processed.

Differences Between ZEC and Other Cryptos

While all cryptocurrencies work in a similar way, there are some differences between them:

1. Zcash has shielded transactions, which means it has encrypted details on sender, recipient, and the amount, unlike Bitcoin
2. When it comes to Zcash vs Monero, ZEC has different cryptography and a bigger total supply
3. Zcash has a lower price than Bitcoin, as ZEC to BTC ratio is around 220 to 1
4. In the Zcash vs Ethereum discussion, you should know that Ethereum has a shorter block confirmation time and you receive more tokens per block with ZEC
5. Zcash is not a blockchain platform, unlike some other cryptos

Best Zcash Wallets for Online Gambling

Zcash wallets represent places where you can store your keys. You can use crypto wallets to both send and receive ZEC, while it is also a practical tool for monitoring your balance. Using Zcash or any other cryptocurrency to bet will require you to open a wallet.

If you want to open a Zcash wallet online, here are your top five options:

• Trezor
• Ledger Nano S
• Free Wallet
• Cryptonator
• Jaxx Liberty

What Is the Best Zcash Exchange?

Zcash exchanges are places where you can sell, buy, and trade ZEC. However, if you want to transfer your digital money into fiat currency, like USD, for example, that will normally require a two-step process. First, you will need to convert ZEC to another cryptocurrency like BTC, and then sell that currency on the exchange.

Here are some of the best crypto exchanges for ZEC:

• Binance
• CoinBase
• Gemini
• Kraken
• Changelly

The Future of ZEC Gambling

It is no wonder that because ZEC is so secure, many gamblers will prefer it to traditional payment methods. Sportsbooks and casino sites recognize the popularity of cryptocurrencies, so we can expect that more crypto bookmakers appear in the future and that the existing ones will keep adding ZEC to their list of payment options.

Complete List of Zcash Betting Sites

Is Zcash Safe and Legal?

Zcash cryptocurrency is considered to be one of the safest methods for online payment. You can make Zcash anonymous transactions and feel completely at ease about your virtual money. Moreover, Zcash is legal in almost every part of the world.

The use of most cryptocurrencies is legal in the European Union, including the United Kingdom. UK players are allowed to use Zcash in all sportsbooks licensed by the UK Gambling Commission, on top of some others.

US players are already familiar with the concept of cryptocurrencies, as there are many US sportsbooks that allow crypto transactions. It is legal for US players to use Zcash.

The Pakistani government and the national bank do not recognize any digital currency and even made a press release stating the potential risks of using crypto payments.