USDT Gambling Guide
Tether Casinos are a good choice to start discovering the world of crypto gambling. As good as cryptocurrencies are, for some they have a big drawback of high volatility. Not everyone likes that the value of Bitcoin can rise or fall by several thousand dollars a day. This is especially true for online casino games. Agree, it’s not very pleasant when your winnings can suddenly depreciate. To avoid this, you can choose one of the stablecoins, the most popular of which is Tether (USDT). You always know how much exactly Tether costs. The cost of 1 USDT is $1. Tether is a great way to try a crypto casino if you are a newbie. It combines the stability of FIAT currency with blockchain innovations. So let’s dive deeper into the world of Tether gambling.
Tether in a nutshell
Tether or USDT (₮) is a special type of cryptocurrency which is called stablecoin. The name here speaks for itself and the essence lies in price stability. This stability may be in the pegging of the price to something that already has value like gold, oil, or fiat currencies. Tether refers to the latter and its value is supported by the US dollar. It means that 1 USDT equals 1 USD.
The creators of Tether assure that for each issued USDT, they have 1 dollar in reserve. Thanks to this balance, the value of ₮ remains at $1. However, as it turned out, this is not entirely true. In 2019, Tether’s lawyer claimed that the company’s reserves cover only 74% of the issued tokens. Which gives us a real value of $0.74. Even so, the cost of Tether remains at the level of $1.
Despite all the disadvantages, Tether is the most popular stablecoin and is one of the five largest cryptocurrencies in the world. All this suggests that users trust this payment method. The creators of Tether have already introduced cryptocurrency analogs of the yuan and euro and are planning to continue with T currencies. EURT and CNYT are not so popular in gambling yet, but they surely will in the future.
What are Tether Casinos?
When an online casino allows players to deposit, place bets, and withdraw in USDT this is a Tether Casino. This type of casino is currently not as widespread as Bitcoin casinos or Ethereum casinos, but it is becoming more and more popular. Crypto casinos are adding Tether in the hope of luring players away from the fiat casino market. Thanks to the stability of the Tether rate, it will be an excellent option for beginners in the world of crypto casinos.
How to choose a Tether Casino
Carefulness is one of the main factors when choosing an online casino. You should not rush headlong and make a deposit if the casino offers you a bonus that is profitable at first glance. It doesn’t matter if you choose a new casino or a well-known one, it is always worth checking everything yourself.
If you want to get only a positive experience and not waste your money, we advise you to pay attention to these points when choosing a Tether casino.
Make sure the casino allows players from your country
Search for your country in casino Terms and Conditions and make sure it isn’t in the list of Restricted countries. If it’s there, check the casino policy of the VPN or ask the support if you can use it.
Make sure the casino accepts USDT
Since we are talking about choosing a Tether casino, first thing first you need to make sure that the casino accepts USDT. To do this, visit the casino page, where a list of payment methods is presented, and make sure that there is a Tether. Or write to the live chat and check with the manager.
Check user reviews and compliance
Reliability and trust are the most important factors when choosing a casino. No matter how big the casino is, how well-known it has a brand, you always need to check what other users write about it. And you have such an opportunity! We advise you to check casino reviews and complaints on the BitcoinTalk forum, Askgamblers, Affgambler, and TrustPilot sites. This will be enough to make a decision for yourself whether to play in the casino or not.
Carefully read Terms and Conditions
Sometimes it may seem that the casino is not being honest with you and you are getting ready to unleash dogs on it. You write angry messages in support, leave complaints on specialized resources and try to restore justice. But suddenly your complaints are rejected, and the support sends you a link to the Terms and Conditions, where the point that you violated is spelled out. Your money is lost, your mood is ruined and your casino experience is negative. All this can be avoided by spending a little time reading the rules. If you find a questionable item, then check it with support or simply choose another casino. There is plenty of fish in the sea. A little advice. Always take screenshots of correspondence with support and questionable points of the terms and conditions.
Check if the casino offers Provably Fair games
Provably Fair Games allow you to verify if the result of the game round was truly random. If a Tether casino offers it’s a good sign.
Tether Casino Bonuses
In the world of crypto gambling, Tether is gaining popularity more and more. Although many online casinos give users the opportunity to bet with USDT, it is not always possible to get a bonus in this cryptocurrency. But this trend is losing its relevance. More and more online casinos add Tether promotions. Basically, the casino offers Welcome Bonuses at Tether, but sometimes you can find cashback and faucet bonuses. You can check the list of actual Tether Bonuses on our site.
Best Tether Casinos
It’s not an easy task to find a good Tether Casino. In the vastness of the network, there are many scams that are easy to run into. So we took the liberty of recommending 3 good USDT casinos. But even when choosing a casino from this list, you should not neglect to check its reliability yourself.
Bitcasino.io
Bitcasino is a well-known crypto brand with a great reputation. It was launched in 2014 which makes it one of the first crypto casinos. Bitcasino is the first licensed Bitcoin casino. It operates under a Curacao license.
Bitcasino has an impressive games collection from over 2000 games. Slots, jackpots, live games – they have everything. Bitcasino.io usually does not offer welcome bonuses and focuses on its VIP program. But users of our site can get 200 free spins on Legacy of Dead as a bonus if they place bets in the amount of 5mBTC. The bonus is valid only if you will register via this link.
TrustDice
TrustDice was launched in 2018 and has become very popular over the short period of its existence. This casino is notable primarily for its 10,000 USDT welcome bonus. This is the most generous Tether bonus to date.
At TrustDice you will also find a Tether faucet, which is very rare. Every 6 hours you can claim 0.025 USDT. With its help, you can accumulate a small amount in a few days and make, for example, a roulette bet for free.
CryptoWild
CryptoWild is a fully crypto-oriented SoftSwiss brand. It was launched in 2017 and operates under Curacao license. CryptoWild has a great variety of games including live games and jackpots.
Especially for Bitcasinorank users, a no deposit bonus is available. Sign up via this link and you’ll get 20 Free Spins.
Advantages of Tether Casinos
Stability: Tether pegged to the dollar that means you always know how much it cost. You don’t have to worry if you lose part of your winnings because of volatility.
Security: Tether’s blockchain is one of the most reliable on the market. Conducting transactions with the casino, you can not worry about the safety of your funds.
Low fees: there are almost no fees when you make deposits or withdrawals.
Fast transactions: Tether uses Ethereum blockchain which is tested, fast, and well-developed. Deposits and withdrawals will be instant.
Low min deposit: sometimes you want just to test the casino and don’t make a big deposit. Tether allows you to deposit $1 or $5 and play with low stakes.
Doesn’t require deep tech knowledge: it’s very simple to start using Tether. You don’t need to have special knowledge and even if you are non-tech at all you won’t have any problems.
Easy to convert bets/winnings: it may seem unimportant, but for your brain, it will be better to perceive the rates in the USDT because they do not despair of dollar rates.
Disadvantages of Tether Online Casinos
Bonus offers: if you compare the bonuses of the Tether with other cryptocurrencies, they will not be so impressive. If it is not difficult to find a 1 BTC bonus, then even a 10,000 USDT bonus is extremely rare.
Lack of focus on Tether: All crypto casinos that accept USDT are not very focused on this particular cryptocurrency. Many brands pay more attention to Bitcoin or Ethereum. On some casinos, you can even find games in which you cannot place bets in Tether. And there is still no casino that will be a pure Tether Casino.
Games to play with USDT
In the casino Tether casino, you will find all the same games as in the fiat online casino. You can bet with Tether in video slots, roulette, poker, blackjack, baccarat, and all the other types of casino games.
Unfortunately, you won’t be able to feel the special experience of cryptocurrency games such as Dice or Hi/Lo playing with USDT. To try Provably Fair games you will need to use Bitcoin.
How to start to play in Tether Casino
We present to your attention a quick checklist for preparing a game at Tether Casino.
- Buy USDT. If you still don’t have Tether tokens you need to buy them. The easiest way would be to use an exchange. Create an account in Binance or Kraken, finish the KYC procedure, and buy tokens using the credit card.
- Create Tether Wallet. You need a place where you will store purchased tokens and of course future winnings. Of course, you can use your account on the exchange, but we do not recommend doing this. The exchange may have problems at any time and your funds will be frozen or completely lost. The best solution would be to create a wallet where you yourself will be responsible for your tokens. A software wallet is perfect for playing in a casino. Here are some good USDT wallets: OmniWallet, Tether Wallet, AtomicWallet.
- Choose the casino. Choose a good Tether casino using the simple guide which you can find higher on this page.
- Register an account. Once you have made your choice, you can register. It’s very simple and there shouldn’t be any problems with it. We recommend that you go through verification immediately in order to avoid problems with payments in the future.
- Make a deposit. Transfer USDT from your wallet to your casino account. Once the funds are credited you are ready. All that remains is to choose a game and try your luck!
FAQ
Tether casinos are online casinos that allow you to deposit, place bets and withdraw in USDT.
Are Tether Casinos legit?
Roughly speaking yes. If casinos and cryptocurrencies are not prohibited in your jurisdiction, you can place bets in USDT.
Are there any Tether Casinos?
Yes! You can find the list of Tether Casinos here.
