Find the best sites for skin betting
eBetFinder recommends the following skin betting sites to bet with skins:
What is skin betting?
Skin betting, which is also known as skin gambling, is a way to use skins gathered in certain video games to deposit with on gambling sites. It’s quite a new phenomenon as it was first recognized in 2013, shortly after the game developer Valve introduced a tradeable skin system to Counter Strike: Global Offensive. Since then betting with skins has become a huge industry and a popular choice amongst gamers. It’s important to know that there are two different ways that skin betting can work:
The first is that the skins you deposit are exchanged to a virtual coin currency where the amount of coins depending on the value of the skin. You’re then able to play luck based games together with other players, such as a form of roulette. In some cases it’s also possible to bet on a few matches, but the selection tends to be very limited. When you decide to make a withdrawal, the coins that you have gathered needs to be exchanged for other skins.
The other way that skin betting can work is that the skins are turned into real money that can be used to bet with. This is done by an offer given in the deposit process and if this offer is accepted, the skins are sold for a certain amount of money that will be deposited to the eSport betting site. This money can then be used like any other money to bet with. On a withdrawal from the eSport betting site, real money is transferred to your bank account or whatever method you choose to withdrawn them to.
eBetFinder only recommends the use of the second mentioned type of skin betting sites as the first ones are not regulated and therefore not safe. You can find out more about this by reading the section of regulated & unregulated skin betting sites further down on the page.
In addition, the secondly mentioned type of sites also has a selection of bets that is much, much better. The skin betting sites Arcanebet and ggBET are for instance well established in eSports betting and have a huge coverage of eSport matches from several different games. They both offer the deposit method skinpay, which turns skins into real money.
What are skins and how do I get them?
Skins are something that can be earned from playing certain video games, such as Dota 2 and CS:GO. These skins have no effect on the gameplay, but are purely used for cosmetic purposes to make a character look in a certain way. There are usually plenty of different skins that can be collected, which all change the appearance of a character in different ways. Some of these skins are rarer than others to come across and really rare ones can be sold for as much as hundreds and even thousands of euros.
Apart from getting these skins within the game, there is a skin market on the steam platform where you’re able to trade skins with other players. There are also various websites that have skins up for sales.
From which games can I bet skins?
Betting with skins has its origin from CS:GO, but there are nowadays several different games with skins that can be used to deposit and bet with. What is common for all of these games is that they are all available on the Steam platform as this platform is what allows skins to be traded. Check the list below for all games that you can bet with skins:
- Dota 2
- Killing Floor 2
- Payday 2
- Playerunknown’s Battlegrounds
- Team Fortress 2
Best skin betting sites
The best sites to use for skin betting are those where you trade your skins for real money during the deposit process. This is due to the fact that these sites are completely safe to use and have a selection of eSport bets that is way better than those sites where you deposit with skins and then also have to withdraw with skins. In this category of skin betting sites there are two top quality ones that you shouldn’t miss out on; Arcanebet and Vitalbet.
Arcanebet | Best value and great eSports coverage, but no casino games
Arcanebet is the place you should head to if you would like the most awesome welcome offer. They offer a deposit bonus that has no minimum odds to the wagering requirement, which is simply amazing. You’ll also find an outstanding coverage of eSport matches from more or less all of the different eSport games, as well as a nice selection of entertaining markets. You could for instance find markets such as which team will reach a certain number of kills first, what the correct score will be and much more.
In addition to this, they have fast withdrawal and settling times, a lot of live streaming directly on site and a full and partial cash out option. This feature means that you’re able to make a profit from some of the bets you have placed before the match has actually ended. If you like visually impressive and easily navigated designs, you’ll also find that at Arcanebet. They are putting a lot of their focus into eSport betting and have therefore designed their website with a really nice gamer touch. The only negative thing there is to say about Arcanebet is that their support (which is available on live chat, e-mail and phone) isn’t available 24/7 and that you can’t find any casino games to switch up the betting with.
Vitalbet | Great eSports coverage and casino games, but less value
At Vitalbet you’ll find a lot of similarities with Arcanebet. The eSports coverage is just as amazing and you’ll also get very fast withdrawal and settling times; plenty of live streaming and a full and partial cash out option. What’s different about Vitalbet is that you’ll have a nice selection of casino games to go along with the eSports betting. You’ll find more than a hundred different videoslots, as well as a live casino for an authentic experience of table games. You’ll also have a bunch of virtual sports that you can play on.
Although this may sound like Vitalbet would be the better choice, the welcome offer isn’t nearly as good as Arcanebet’s. Another downside is if you appreciate being able to reach the customer support through live chat as they unfortunately don’t have one. You can however reach them on e-mail and phone.
How do I skin bet at Arcanebet?
Once you’re up and running, using your skins to bet with is easy as pie, but if it’s your first time it may seem a little bit complicated. Fear not, we will guide you through the entire process!
1. Select the Skinpay deposit method
When you have created an account with Arcanebet, you head on over to the deposit page and select the method “Skinpay”. You have the option to take part of a 100% bonus with no minimum odds to the wagering by entering the bonus code “ebetfinder”. Whether you use the bonus code or not you now have to press “deposit”.
2. Enter your Steam trade link
Once you’ve pressed deposit you will be taken to skinpay.com where you have to enter your Steam trade link. This can be found by going to the bottom of the following page:
Please note that the number highlighted in green must be your own Steam ID.
By pressing “save link”, all of the skins that you have available for trading should be shown. If this isn’t happening, please read step 3, otherwise skip that and go to 4.
3. If your skins aren’t loading
Please note that for any skins to be found, your inventory in Steam must be set to public. You’re able to change this on the link below, where the number highlighted in green must be your own Steam ID:
Please also note that you have to enable a steam guard authenticator through a mobile app if you haven’t done this. You can find all the information on how you do this on the following link.
Once this Steam guard authenticator has been set up, you have to wait 7 days until you are able to trade your skins for real money.
4. Choose the skins to trade
Choose what skins you would like to turn into real money by clicking on them and then press “add funds to Arcanebet”.
5. Accept the trade
You’ll now be taken to a new page where you have to press “accept bet”. This must be done within three minutes or the trade will be canceled. You’ll also see a code, which is the reference number of the transaction.
6. Finish the transaction
After you’ve pressed “accept trade”, a new window will open which is a Steam page of the transaction. You must now confirm the trade here as well.
Please note that a window will pop up saying that the trade seems suspicious because the person you’re trading with isn’t offering any items. Don’t worry about this as you will receive money to your Arcanebet account. All you have to do is to press the green button which says that it’s a gift.
Once you’ve done this, the last step is to confirm the trade in your Steam mobile app. Open the mobile app for Steam and head on over to “confirmations” and you will be able to confirm the trade there.
7. Let the fun begin
Now everything is done and your account balance will usually be updated immediately. Please do however note that it can take up to 15 minutes.
Best skin betting bonus
If you’re looking to get started with skin betting the best way possible, eBetFinder has a killer welcome offer you shouldn’t miss out on. This is an offer by the eSport betting site Arcanebet and can be taken part of by entering the bonus code “ebetfinder” when you’re making your deposit.
The welcome offer is a 100% deposit bonus up to €100, which needs to be wagered 7 times (bonus + deposited amount). Now you might think that this isn’t anything out of the ordinary, but we haven’t told you the good part yet.
There are no minimum odds required!
Usually there’s a minimum odd that you have to place your bets on for a deposit bonus to be wagered. On most betting sites this is between 1.5 and 2.0, which can make it quite challenging completing the wagering requirement. Well, with the welcome offer from Arcanebet you never have to think about this. It doesn’t matter if you’re placing bets on odds as low as 1.01, because they will still count towards the wagering! This is what makes the bonus truly amazing.
On top of this, if you’re entering “ebetfinder” as the bonus code, you’ll have as much as 360 days to complete the wagering!
The history of betting skins
It all started with an update that Valve made to CS:GO in August 2013 where skins were introduced to the game. It wasn’t the first time that they introduced skins as they had already been using this in Team Fortress 2, which is another game of theirs.
The skins were added to CS:GO in an attempt to increase the player size and unify the community as this was currently split between three different games in the Counter-Strike franchise; Source, 1,6 and Global Offensive. Valve was hoping to get more players into CS:GO by giving people these skins as a reward while they were playing. These could then be used to trade with on the steam marketplace, which would also boost the total economy of it.
Valve’s first intentions were to create skins that could be used as a camouflage and as an advantage hiding on maps. It did however turn out that colorful and bright skins were a lot more popular with the community. Players used colorful skins that were hard to get as a form of trophy, showing off their skills. This led them to become very popular within the community.
As skins turned out to be a winning concept, the rarer a skin was, the more sought after it became by players. A lot of trading began on the steam marketplace as this was a very easy way to transfer in-game items. This turned skins into a virtual currency where some of the rarer ones eventually got valued at thousands of dollars. Yet today this is the price for some of the most unique skins.
The high prices that the rarest skins reached caused a problem with the steam market as this didn’t allow sales that were higher than $400. This was however not the only issue with the steam market as Valve was also collecting a 15% transaction fee on the sales being done. Another issue was that to be able to purchase the skins, the steam wallet had to be funded by real money and this was a one way transaction. Due to restrictions, Valve had no possibility to support cash outs being made.As the steam market had some serious limitations, various sites started popping up on the web allowing trades by using steam’s application programming interface (API) to link the skin inventory in steam to the website. These websites grew to be very popular as they allowed both real money deposits and real money withdrawals. In addition they had no 15% fee on trades as Valve did, which made the trades a lot more profitable. Some of the websites eventually added gambling features, such as the possibility to bet on eSport matches and compete in luck based games against other players. It’s uncertain when exactly this started to appear, but analysts have dated eSports betting with skins back to August 2015.
Even though the introduction of skins to CS:GO is what sparked the skin betting industry, skins from other games were eventually used to gamble with as well, such as skins from Dota 2.
As competitive, professional matches in CS:GO, Dota 2 and other games started to grow bigger and bigger, with increase prize pools and viewers, there was a rising interest in betting on eSports. For many of us living in Europe, betting on eSports have never been a problem as we have a huge selection of well established bookmakers to choose from. There are however places where sports betting (included eSports) with real money is restricted.
To be able to bypass these laws, skin gambling websites evolved so that both deposits and withdrawals were made by skins. When depositing a skin, this could for instance be transformed into a virtual currency that upon cash out was transformed back to a skin simply by purchasing one on the website. As no real money was being used to bet and gamble with, this attracted a lot of people where real money gambling was restricted.
Other type of websites were also formed, such as people being able to bet skins against one another with the winning player taking home all of the skins. Each and every one of the players’ skins would for instance be put in a big pot, where the higher the value of the skins would mean a higher chance of winning.
Regulated & unregulated skin betting sites
Even though there are some serious concerns about skin betting, it is important to separate the different skin betting websites. Betting at an established operator like Arcanebet or ggBET who only offers a deposit method that allow skins to be traded for money, won’t be a problem. These are serious bookmakers that have gambling licenses and are heavily regulated by law.
Other websites that use skins as a way to bet with and then also use skins as the withdrawal method are however more of a wild card. These sites are not regulated by any law, but basically operate a black market for gambling that allow laws to be bypassed and minors to gamble. If such a website would ever be shut down, you as a player is very vulnarable as there is no law to protect you. This means that any skins or skin currency that you posses on the website most likely will vanish without any compensation for it.
eBetFinder only recommend the use of regulated skin betting sites like Arcanebet and ggBET.
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