Is WillBet Legal in Saudi Arabia in 2025?

Bitcoin might reign supreme in the world of cryptocurrency, but it has always been followed very closely by Ethereum. While the two differ quite a lot in terms of foundation and ecosystem, they are the leading tokens by market cap, general popularity, and much more.Is WillBet Legal in Saudi Arabia in 2025?

But as cryptocurrency becomes a much bigger part of the gambling scene, Ethereum might be edging out Bitcoin for acceptance. But how exactly has Ethereum finally won out over Bitcoin, and what does this mean for the future of gambling as a whole and cryptocurrency?Is WillBet Legal in Saudi Arabia in 2025?

Is WillBet Legal in Saudi Arabia in 2025?

For centuries, fiat currency was the only option for anyone who wanted to place wages or enjoy gambling. After all, gambling was restricted only to land-based establishments, and these establishments were only familiar with the currency of whatever region they operated. But as the 21st century rolled around, the advent of the internet meant that users are no longer restricted to physical establishments and can enjoy gambling using online platforms.

Even as this happened, fiat currency was initially the only option available, with people pacing wages using their credit or debit cards. But then came cryptocurrency and the world of new options. 

Cryptocurrency offers a ton of benefits to online casino users, and this has bolstered its popularity over the years. First, there is the fact that it offers the chance for more profit. If you wager $100, for example, the value of that money is unlikely to change between placing your wager and the time you win. If you wager Bitcoin, however, there’s the chance that it will appreciate in value and you will make a profit both on your winnings but also on the appreciation of the asset class. This, naturally, has made it appealing to people who want to maximize their online casino earnings.

There is also the privacy angle for many users. Typically, signing up for an online casino requires you to reveal a lot of your personal information, such as your name, address, and bank details. But a new crop of online casinos has popped up that allow people to wager by simply connecting their crypto wallets to the system. In that case, they don’t need to open up accounts or even reveal their identity formally. And for privacy-seeking players, this is a major perk.

Crypto casinos are also renowned for the variety of games they offer. A land-based establishment would be limited by the size of its premises, and this can be inconvenient to customers. However, crypto casinos can have thousands upon thousands of gaming titles that anyone can access at any time. This means no limits to variety and endless options for players. 

There are also things like lower fees associated with withdrawing and depositing cryptocurrency, faster transactions, and the wealth of other things. But even as crypto has become a mainstay in gambling, not all tokens are being used at an equal rate.

Is WillBet Legal in Saudi Arabia in 2025?

A quick look at the online gambling scene with regard to cryptocurrency will show that Ethereum is coming out on top. As gambling expert Alex Hoffmann explains, using Ethereum to gamble is much more popular than ever before. Much of this can be put down to the way Ethereum has been designed and altered since its inception, gradually lending itself to several audiences including gambling lovers. 

• Fee Structure: As we’ve said, one of the most important benefits of gambling with cryptocurrency is saving on fees. And compared to Bitcoin, Ethereum is much more flexible and beneficial for players. Bitcoin’s free structure is ultimately determined by the network, and there isn’t much wiggle room for people to walk around. With Ethereum, however, these can be bid on. Depending on network congestion and other factors, the fee to transfer using Ethereum can be higher or lower on any given day. What’s more, users can choose to bid gas fees, essentially moving their transaction to the front of the line by offering more money to validators. If they have more time to spare, they can bid a larger gas fee, saving money but spending more time. 

• Scalability: The growth of the online gambling space means that more transactions are being completed at any given time. As such, relying on a cryptocurrency means that developers will need a fast network to complete all these transactions in good time. And while Bitcoin is certainly popular, it does not come close to Ethereum and other such networks in terms of Speed. 

As of this article, Ethereum is looking at an upgrade that will see it complete up to 100,000 transactions per second. Bitcoin, in comparison, can complete up to 7 transactions per second. This essentially means that Ethereum is more appropriate for developers looking for scalability. And as the online gambling space only continues to grow, its needs will only increase, thus creating more dependence on networks like Ethereum.

• Security:  While Bitcoin is not necessarily an insecure network, it does not hold a candle to Ethereum and other such networks in terms of security. Simply put, Ethereum, being a proof-of-stake consensus, offers a unique security setup that many gambling developers simply would prefer.

• Environmental Factors: While saving the planet is not necessarily at the forefront of gambling developers’ minds, this has been a major coup for Ethereum. A few years ago, the network went from a proof-of-work consensus, similar to Bitcoin, to a proof-of-stake one. This cuts down its electricity use by over 95% and endeared it more towards environmentalists and more planet-conscious crypto users. Some users simply lean towards Ethereum as an ethical choice, and this leaves Bitcoin, which still uses a proof-of-work consensus, as a less attractive option.

• Smart Contracts: One of Ethereum’s major features is its smart contracts ecosystem. This refers to blockchain-based mechanisms that carry out transactions automatically when certain criteria are fulfilled. This includes paying out money at certain times, transferring ownership, restricting access to certain features, and so on. Given the sheer amount of money spent within the online gambling space and how much efficiency is needed, smart contracts are in high demand. Bitcoin, on the other hand, is much less prolific in the smart contract scene and thus is less attractive than Ethereum.

• Links To Other Asset Types: While cryptocurrency itself is the major blockchain-based asset connected to the online casino scene, other such assets also play a role. Take NFTs, which have seen a minor comeback of sorts and are being used within online gambling in some regards. It is worth noting that the NFT scene is completely dominated by Ethereum and ‘Ethereum Killer’ tokens. For some of the reasons already mentioned, Bitcoin is not very prominent in the NFT scene. This then means that as the gambling sector embraces NFTs more, Bitcoin will continue to be shut out.

Is WillBet Legal in Saudi Arabia in 2025?

While Ethereum has a major edge over Bitcoin in several ways, it’s not to say that the world’s number one token is completely overlooked in the gambling sector. In fact, it is competing with Ethereum for use in many cases. But this is mainly down to its financial benefits. Some consumers might value the scalability and security of Ethereum, but might be more interested in making a profit. In that regard, Bitcoin might be a better option.

Just recently, Bitcoin crossed the coveted hundred thousand dollar mark, creating a new all-time price high. Its dramatic increases in the last year mean that more people are looking to multiply their Bitcoin stash several times over. This is especially true with the launch of the ETF in 2024, increased support for the asset class from the US government, and the aforementioned price run. Some experts suggest that this current Bitcoin cycle is going to last longer than previous ones, creating an extended period of market growth before it declines. It will take several months and years to see if this prediction comes true, but if it does, demand for Bitcoin within gambling spaces is only going to increase. Then, during periods of market winters, investors looking to buy the dip might also look to acquire more Bitcoin via gambling.

But many of these factors and chances of future growth also apply to Ethereum. After all, Ethereum also got its own spot ETF in 2024 and, just like Bitcoin, is seeing more support from the mainstream establishment. It is nowhere near as valuable as Bitcoin in terms of per unit price, but it has nevertheless delivered healthy profits for many of its investors. 

Is WillBet Legal in Saudi Arabia in 2025?

Consumers looking to enjoy the benefits of ethereum on crypto casinos can do so using the following steps

• Sign Up: Your first step would be to sign up with your casino of choice. Depending on the specific casino you use, you might be able to create an account or simply connect your crypto wallet. If it is the former, you’ll have to go through the various KYC processes, including confirming your identity and so on. If it is the latter, you will simply need to connect your wallet to the platform to begin playing.
• Deposit Funds: The next thing you want to do is deposit your funds onto the platform. There are several options to go about this, including directly transferring tokens into the casino wallet and playing, connecting your crypto wallet to initiate transfers, or even buying cryptocurrency via the platform using your credit or debit card. Either way, deposit the amount you are willing to play and make sure it is an amount that you can comfortably lose.
• Select your Game: The next thing you want to do is select the specific game you want to play. Crypto casinos are known for their variety of options, so there should be something to suit your taste, no matter what type of casino game you like or how you want to play. Always look into the various bonuses afforded by the different sites, as these can make your money go even further. Once you’ve selected your game, go ahead and enjoy it.
• Cash out your Winnings: If you’re lucky to have one your game, your next step will be to claim whatever winnings you acquired. Casinos have different withdrawal thresholds, and sometimes, you will have to wait until you meet a certain amount before you can withdraw. And since you are playing with Ethereum, you’ll want to select Ethereum as your option to withdraw tokens. You can then follow the casino’s preset fees or, in some cases, bid for your own gas fees. After this, you have to wait for the transfer to be completed and the tokens deposited into your own wallet. 

Is WillBet Legal in Saudi Arabia in 2025?

While Ethereum comes with a myriad of benefits for those who choose the gamble with it, certain safety precautions should be considered, as these will keep both you and your funds safe in the long run.

•  Use A Reputable platform

As much as crypto casinos have become immensely popular, not all of them are reputable to use. In fact, the rise of crypto casinos has seen fakes and other dubious websites pop up looking to rob investors. To get around this, your best bet is to only use a well-known and reputable crypto casino. These can be found by looking at reviews and searching the name of any platform you’re considering. If you can’t find adequate information about them, their licensing, and some details about the operations, you might want to exercise some caution.

•  Practice Wallet Security 

As with anything else you do when it comes to cryptocurrency, you have to make sure that your wallet is secure at all times. This means creating a strong password and storing your recovery phrase in a safe place. If you’re using a non-KYC crypto casino, make sure you do not leave your wallet indefinitely connected to the platform, but only when you are actually playing. Of course, keep a majority of your stash in your cold wallet to avoid loss and do not click dodgy links floating about the internet.

• Watch Out For Volatility

Ethereum, like most cryptocurrencies, deals with a certain level of volatility, and this is something to be cautious about. Before you deposit your Ethereum to begin gambling, look at the current state of the market and be cautious if the market is in a very unstable place. Also, mentally prepare yourself for your token to appreciate or decline in value depending on the state of the market. This will guide you on how much to invest and how long to wait before swapping your tokens.

•  Gamble Responsibly 

Whether with Fiat currency or cryptocurrency, responsible gambling should always be at the forefront of your mind. This means only wagering an amount of money you can comfortably lose, tempering your expectations, and having fun most of all. Some crypto casinos offer games in demo mode, which allows you to play without actually wagering any money, and this would be a good idea for beginners or for people trying to perfect their technique.

• Taxes

Always remember that in virtually every part of the world, money you win from gambling is considered taxable income, and it is best to look into the requirements of your region regarding tax. This way, you will not fall on the wrong side of the law and can pay the appropriate tax on whatever you win. 

Is WillBet Legal in Saudi Arabia in 2025?

Ethereum has carved out a nice niche for itself in the crypto casino sector thanks to its existing features, including its smart contract, scalability, environmental impact, and so on. The next few years will see the space evolve even more, thanks to a number of factors.

First, there will be the overall growing support for the crypto industry on an institutional and regulatory level. The Trump administration seems very passionate about cryptocurrency, and as more countries around the world follow its lead, there will be more space for Ethereum and other tokens to expand on their use cases, including in gambling. The price trajectory of ethereum currently seems quite positive, and this will draw more people towards using it. And while it will see competition from Ethereum Killers like Solana and Cardano, it has a good enough edge in the market that it should retain its place. iGaming laws are swiftly being passed around the world that will see more online gambling take place and thus, more use of Ethereum and other cryptocurrencies. 

Consumers, however, have the responsibility to engage with Ethereum within the gambling space in a responsible manner. This means using reputable platforms, wagering reasonable amounts, and being responsible with their wallet security.  The rise of Ethereum within crypto casinos will also attract nefarious actors looking to exploit them, and thus, security will be an even bigger concern moving forward. As time goes on, we will see even more ways to use Ethereum within and outside of crypto casinos, and consumers who embrace these innovations will profit the most, both financially and in terms of their overall experience.