Finding a Tether casino is becoming an easy process with the cryptocurrency being adopted into the online casino gambling industry at a fair rate. Its stake in the crypto world is not in doubt with its main advantage over other cryptos coming on its stable volatility. This explains why it is slowly picking ground in the iGaming world.
We dive deeper to understand Tether and how it has been adopted for gambling at online casinos to make a deposit and withdrawal. Preferred for its tethered price with fiat currencies, fast transactions, anonymity, and high-level security, here is everything you need to know about Tether gambling (USDT).
Best Tether Casinos List
We provide a list of the best Tether casinos you will transact with Tether as you access a wide range of casino games:
What is Tether?
Tether is simply a digital cryptocurrency created on blockchain platforms just like other popular cryptos like Bitcoin. However, Tether is quite different with its usage of Omni protocol and ERC20 tokens. This transaction model goes to benefit users by providing open-source software that can issue and redeem crypto tokens.
There is still more to Tether. The main distinguishing factor is that this is a crypto that tends to merge the digital world and fiat currencies. Tether seeks to combine all the benefits attached to blockchain technology with the stability of the US dollar currency (fiat).
This saves it from high volatility experienced in the crypto world since it is pegged to the stability of the fiat currency (USD) with its value pinned 1-to-1 to the USD. This explains why Tether is viewed as a stablecoin and not a cryptocoin. With such an attribute, Tether gambling has gained traction with a fair number of online casinos jumping to this coin for its reliability.
History of Tether Gambling
Tether was founded in 2014 by the company, Tether Limited. Its cryptocurrency is known as USDT but can be easily interchanged with Tether. USDT ranks as one of the most popular stablecoins you will find in the global market. On its launch, users were informed that every $1 would reserve 1 USDT token. However, controversy hit Tether in 2018 when its value dropped to $0.85 despite being pegged to the USD.
However, Tether has since recovered and at the time of writing, its value against $1 stands at 0.99 USDT. To guarantee transparency among its users, the company provides daily operational reports on its main website.
Tether gambling took off almost immediately since users and casinos were assured of accessibility and reliability. While many players feared the volatility experienced in most cryptos, Tether offered a different approach, and today, a fair number of iGaming sites are accepting Tether payments.
What are Tether Casinos?
This is an online gambling casino that will accept transactions in Tether coins. And with very few of these casinos in operation, the definition may extend further to incorporate casinos that also accept other cryptos and fiat currencies alongside Tether.
Are Tether Casinos Legit? The straightforward answer to this is that it depends. Crypto gambling is not legal in some countries, and at the same time, online gambling as a whole is illegal in other countries. The first legitimacy check will be to see if your jurisdiction legalizes online gambling and does not restrict cryptocurrencies. Generally, the very legit Tether sites will have a restriction placed on the countries not allowed to wager.
The second legitimacy check on Tether gambling sites will be to see if the platform is fully licensed. A legit Tether casino will hold a valid license from an official regulatory body such as the Malta Gaming Authority and the Government of Curacao.
How to Choose the Best Tether Casino?
Choosing your preferred Tether casino depends on the different aspects you are looking for. While we compile a list of the top Tether casinos, we look at various aspects that we believe gamblers also look out for. They include:
- Casino Licensing – This arguably is the most important factor to consider. Ensure the Tether casino you choose holds a legit license.
- Casino Game Selection – Some players prefer slots with others opting for more blackjack titles than roulette. Others want all game types hosted and this is yet another aspect to look out for on the top Tether casinos.
- Casino Bonuses & Promotions – A wide range of bonuses & promotions reserved for all players is another aspect to consider while choosing a Tether Casino.
- Banking Selections – Tether casinos accepting other banking selections should have a vast selection of options to choose from.
- Customer Service – A professional customer service team with 24/7 availability and different mediums to reach them will do.
- Casino Reputation – This can be accessed online with the top Tether casinos boasting positive reviews and good ratings among players.
The iGaming industry has some sites that need to be weeded out. These are the rogue casinos that operate illegitimately either with no clear licensing information or others that have had a bad reputation amongst players. A wager on either of these platforms may have your Tether tokens scammed.
With the existence of such cases, we review a good number of Tether casinos and recommend the best. Read through our Tether casino reviews to find out one that fits your preference. We give unbiased reviews on each and grade all the casinos accordingly.
Advantages of Using Tether
With the crypto world dominated by hundreds of cryptocurrencies and some adopted in online sites, why is it advantageous to play with Tether?
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Tethered to fiat currencies – This offers lower volatility with USDT value pegged on the USD making it a stablecoin.
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Currency exchange – It is very easy to exchange Tether to fiat currencies such as USD and EUR. This is different from other cryptos that have a long process in achieving this.
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Secure transactions – While Tether uses blockchain technology, it has enhanced its security via the use of the Omni platform and ERC20 tokens that ensure transactions are completely secure.
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Extreme low costs – Tether transactions are almost free with a fee of as low as 0.1% placed on the deposits made via Tether.
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Fast transactions – Like many other cryptos, Tether transactions are fast an aspect that works well with casino players.
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Widely accepted – A steady rise in the use of Tether is evident over the years with more online sites accepting Tether.
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Legality – With the need to comply with the same value as the USD, Tether tends to stand at a centralized ground. This is because it has to comply with jurisdictional policies hence it is regulated.
Are there any disadvantages of using Tether in gambling?
Besides the many benefits that may come with Tether, some disadvantages still rock the coin, and understandably so.
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Not widely accepted – While the rise of popularity of the crypto is being noticed, there is currently a limited number of online casinos accepting Tether.
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Controversies – Tether has been caught up with several controversies including the 2018 controversy where its value against the USD rate dropped to 0.85 USDT. This saw some users start to cast doubt and while this has been rectified, some are not yet convinced.
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Funds reserve – The question of the amount of Tether coins in the reserve remains. With USDT meant to back the stability of the USD, the amount of USDT to USD should balance.
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Value increase – Despite their volatility, cryptos such as Bitcoin have their value increasing at a high rate. This is not an occurrence one might expect with Tether since its value depends on the USD.
Depositing and Withdrawing Options
How will you make a deposit and withdrawal on the online casinos? The process is quite easy. What you need is Tether coins, a wallet, and an account with a Tether casino. Here is how to go about the whole process:
- Have a Tether wallet. This is a platform where you will store the Tether coins and will be a perfect medium for you to manage your coins. A variety of wallets are available including Ledger Nano S (hardware) and other digital wallets. Some of these digital wallets are accessible on mobile and can be downloaded on Google Play Store and App Store. The reputable Tether wallets include OmniWallet, Exodus, MyEtherWallet, Coinomi, Guarda, and Atomic Wallet.
- Purchase Tether coins. After setting up your wallet, you will need to purchase Tether coins to play with on the sites. USDT can be bought on several crypto exchanges available. This can be done via other cryptos such as Bitcoin, EOS, and Ethereum or fiat currencies including USD and EUR. Once purchased, it is advisable to store them in your Tether wallet.
- Account sign up. After purchasing USDT coins, the next step is creating an online casino account on any of the best Tether online sites we have recommended on our platform. After choosing one that interests you, proceed to set up your account with a few details needed such as name, email address, and DOB.
- Deposit with Tether. Follow up the above process by making your online casino deposit with Tether. First, ensure that you check the limit caps placed on the casino so that you make a qualifying deposit. To deposit, go to the option ‘Cashier/Deposit/My Account’ and select Tether as your banking option of choice. Enter the amount of USDT to deposit and provide your wallet address then confirm the payment. This can also be done via copying the casino’s public wallet address and heading to your wallet to make the transfer. The funds should reflect in a few minutes.
- Time to claim bonuses and play! With your deposit made, you can claim the welcome bonus on most Tether sites and proceed to play with it. You can also use your deposit to play on the variety of game types available in the casino. Make sure to gamble responsibly.
- Withdraw your funds and winnings. Before withdrawing any winnings from bonuses, ensure that the wagering requirements are fulfilled as set out by the casino.
To withdraw, go to ‘Withdraw/Cashier/My Account’ and choose Tether as your withdrawal option. Enter the amount of USDT to withdraw and then input your wallet address to withdraw. The funds should reflect immediately, and in rare cases, might take up to 24 hours.
How to Buy Cryptocurrencies
All cryptocurrencies including Tether will be purchased from crypto exchanges. These are mediums that allow you to use other cryptocurrencies to buy your preferred crypto. In case you have no cryptos, many of these exchanges allow you to use fiat currencies that you can deposit via options including bank transfers, credit/debit cards, and e-wallet options such as PayPal and Skrill.
It is recommended that you transact in big and reputable exchanges such as:
Looking for more new online casinos that accept Tether?
It’s quite evident that there still exists a long way before fiat-money online casinos are caught up by crypto casinos. However, strides are being made on daily basis with new Tether casinos being launched. While the status of these sites remains new, it doesn’t mean that they cannot be trusted to deliver a great gaming experience to users. Some have been designed with added innovation, technology, and features that are worth trying.
Below are some of the new Tether casinos available for play with Tether.
Playing at Mobile Casinos with Tether
The majority of Tether sites, if not all, have provided a mobile platform that players can use as an alternative to the desktop version. This is made possible with the online casinos utilising HTML5 technology on their websites to ensure great compatibility on multiple devices. Whatever screen size is being used, the content is clear and games are also provided in instant version to ensure they are playable with no download required.
The mobile platform provides both site version and app version and aside from the usability and games provided, Tether payments will also be accepted. You can transact with Tether on the site version or a Tether gambling app. The majority of Tether sites will design an iOS app and a Tether Android app since most of the players fall on this bracket. Remember, a wide range of mobile wallets are also available for iOS and Android players. With a Tether casino app and a Tether wallet app on your phone, you can play anywhere!
Tether Casino Games
While other aspects may differ when choosing a casino, many will agree that the game selection unites many. This is one of the reasons most Tether casinos have hosted loads of casino games. A range of software providers has been incorporated into these casinos and both quality and quantity can be enjoyed on the huge variety and diverse selection.
Here are the casino games you can play with Tether:
- Slots. Enjoy your favourite Tether slot machine from a host of providers such as Microgaming. Enjoy a selection of classics, video slots, and several progressive jackpots with enormous returns. Features including free rounds, free spins, wilds, and scatters allow you to make better returns whenever you play slots with Tether.
- Blackjack. For its popularity, you are likely to find a Tether casino blackjack section placed differently with a variety of versions that allow you to sharpen your skills. Moreover, the live versions of these games are also available.
- Roulette. Roulette also passes as a ‘must-have’ game in most online casinos. You can expect the same Roulette titles for gambling on Tether casinos. Head for the games with the lowest house edge which include the European and French versions and try as much as possible to avoid American roulette that has a higher house edge.
- Craps. Despite its unpopularity in most Tether casinos, Craps are still among the popular dice game to play. Just like in roulette, the best strategy is trying to minimize the house edge to increase the chances of a better payout. One hack is to start with the pass line bet that checks the boxes of a low house edge. It is placed at 1.41%.
- Dice. A Tether dice game is a popular offering in many Tether casinos and is loved for how easy it is to play. This is a chance game and anyone can try their luck. Choose your mid-point and predict whether the number that shows after rolling the dice is higher or lower.
Best Crypto Casino Bonuses
Expect at least one or two casino bonuses on any Tether site you settle for. They come in different types and a great trick is to take advantage of them to push your winnings. Every Tether casino bonus will have terms and conditions provided thus you are advised to opt into the bonuses with the easiest terms to attain. The common types to expect include:
- Welcome Bonus. As the name suggests, this is a sign-up bonus offered on Tether casinos after free registration. The welcome bonus may be attached to a deposit where after depositing with USDT, the bonus is automatically activated or it may be automatically activated once you register an account. The welcome bonus is mostly offered as cash with some sites offering a topping of free spins.
- Deposit Bonuses. These bonuses will strictly be activated after a qualifying deposit is made on your Tether casino account. Ensure the deposit limit is met for you to qualify. Most Tether casinos value them highly and once maximized, they can increase your bankroll.
- Free Spins. These bonuses will be strictly designed for the casino slots. Most Tether casino free spins are offered as part of other bonuses or for you to try the new slot releases. You will realize most welcome cash bonuses are given a topping of free spins and there is no better way to start your experience!
- No Deposit Bonuses. These bonuses will be activated via two ways in most Tether casinos — account sign-up or via a code. As you may have noticed, there is no mention of deposit which is exactly so since it is not required. This is a preferred type of bonus but rare to find in most Tether gambling sites. The major drawback is the low value that comes with a Tether casino no deposit bonus.
Why are Tether and crypto casinos with no deposit bonus popular?
Forget the rarity and focus on their popularity amongst users. Whether a Tether casino offers free spins with no deposit or a cash bonus, there is an excitement that comes with these bonuses. Firstly, they are free as they come. Remember claiming them will have you forgetting anything that is deposit thus you will not be risking any of your money. Secondly, you will get to play a variety of Tether casino games and try out new releases. Thirdly, you get to win real prizes or increase your bankroll by accruing more and more wins. Finally, you get to settle on the category and games you are going to play with your deposit.
How to Claim No Deposit Bonuses?
Claiming them is so straightforward with no Tether coins required. Most Tether sites allow you to claim by:
- Signing up at a casino offering the bonus
- Entering an eligible bonus code
That is purely for the new players. Some casinos will also have these bonuses available for existing players. This may be offered as a reload bonus or a loyalty program bonus.
Below is a list of top Tether casinos that you can find these bonuses.
FAQ
Is it anonymous to play with Tether?
Tether transactions will not require any personal and financial information to be fed on the network. Only a wallet address will be required making the process anonymous.
Is Tether gambling safe?
Tether utilises blockchain technology and goes further to use the Omni platform and ERC20 tokens to ensure that all activities are safe and secure.
What do I need to start playing at a Tether casino?
You will require Tether coins, a wallet to help you deposit and withdraw on a casino by storing the coins, and an online casino account that accepts Tether.
Where can I buy Tether?
Tether coins will be bought on reputable cryptocurrency exchanges. This can be done via fiat currencies and other crypto coins. Coinbase, Kraken, and Binance are some of the recommended exchanges.
Is gambling with Tether legal?
Tether gambling depends on if online gambling and cryptocurrency usage is legal or not in your jurisdiction. If legalized, then playing with Tether will be legal.
What is a Tether casino?
A Tether casino is an online casino that allows a player to deposit and withdraw with Tether coins.
How long does it take to send Tether to an online casino?
A Tether deposit to an online casino will be instant and in some cases takes a few minutes.
Alternative Cryptocurrencies to Use
Tether’s popularity may not be the highest and with some of its disadvantages, you may opt to try alternative cryptocurrencies. The crypto world offers hundreds of cryptos including some reliable cryptocurrencies that can be used for gambling. They include Bitcoin, Ethereum, Dash, Bitcoin Cash, Monero, Ripple, TRON, and EOS.