When you think about using cryptocurrencies for betting, volatility is one thing that makes them notorious in the online gambling industry. Some gamblers still prefer them, considering the anonymity, reliability, and instant transaction speed. For others who have difficulty making the call, there is Tether!
The USDT coin disrupted the market by siphoning out crypto’s volatility, and it is more stable than many other cryptocurrencies.
This article will discuss gambling with Tether, games and bonus options at the top USDT gambling sites for a thrilling online casino experience.
How Tether Casino Sites Work?
Gamblers can deposit the USDT token to bet on online casino games. However, if you are playing at a USDT casino, it does not mean that all the games on the platform are Tether casino games.
In games that do not support cryptocurrencies on their interface, you will play with USD and the site will convert your wins back into USDT when you make withdrawal requests.
So, you no longer have to worry about a card or bank transaction declining when playing at casinos that accept USDT.
When depositing USDT, online casinos ask you to pick from the network where the transaction will be stored. TRC20 Tether runs on TRON, while ERC20 runs on Ethereum. Solana blockchain also supports Tether. TRC 20 is relatively faster and cheaper than ERC20 and is preferred among USDT gamblers.
What Is Tether (USDT)?
Tether is a stablecoin whose value is pegged to the US Dollar. As the value of the USD increases or decreases, the value of the USDT will move along. Effectively, 1 USDT is equal to 1 USD.
USDT operates within a centralised entity. It means that the USDT coins cannot be mined, and Tether holds the reserves and regulates the supply. Tether is issued by Tether Limited, a private company, through ‘Issuance’ when the buyer deposits fiat currencies into Tether reserves.
Bonus and Promotional Offers at a Tether Casino
Online casino operators keep surprising their players with engaging bonus offers. Crypto casinos are inherently known for low recurring expenses as they need not bear the costs of supporting multiple fiat payment providers. So you can expect generous welcome bonus offers and other promotions on such sites.
If you don’t know it already, you must understand that casinos never give away these bonus offers for free in the real sense.
You will see wagering requirements attached to these bonus options, which will compel you to stake a particular amount back on the online casino to withdraw real money from your wins. Let us check out the standard Tether casino bonuses you will find.
Welcome Bonus for New Players
New players who register on the Tether casino platform for the first time get a deposit match welcome bonus, a percentage of the first deposit up to a fixed maximum amount. This percentage can also go up to 360% at casinos like BC.Game, and might span more than one initial deposit.
Free Spins
Slot players love free spin bonus offers. With this, you get to spin a slot game for free without any deposit. The bonus might come combined with the welcome bonus or offered to the players to promote a particular game in a month.
Free spin bonus options are also given via bonus codes or personalized offers. A significant downside that most players find in a free spins bonus is that it is always linked to a specific slot and cannot be used to spin just any slot they prefer.
No Deposit Bonus
Again, a no-deposit casino offer is meant for new players but does not require a deposit. This offer can be given as free cash or a free spins bonus. You cannot play any available online casino games on the platform with a no-deposit bonus. Check the offer’s terms and conditions to see if any such game restrictions are associated with the bonus.
Reload Bonus for Regular Players
When given to existing players, a deposit bonus is called a reload bonus. With this, players get a percentage bonus for every deposit they make. The offer can be meant for ongoing deposits or given on deposit on a specific day of the week. Similar to a welcome bonus, this offer will have a maximum limit.
Cashback on Losses
Players are disappointed by recurring losses. Some Tether casino sites give back a percentage of the losses as a free bonus to compensate them. Like the reload bonus, this offer can be for daily losses or losses incurred during a certain week or a month.
Loyalty Program
Many online Tether casinos also feature a VIP program dedicated to loyal players. Some sites make it an invite-only program, while others offer VIP membership based on the player’s total deposit. The program has different levels; players must meet the deposit requirements to move to the next tier.
Some Tether casino sites have a point-based system for loyalty benefits. For each deposit of, say, $10, the player gets 1 point. Players can redeem these points to advance to the respective tiers or use them in exchange for free spins or other exciting rewards on the platform.
As players qualify for each tier, they get added benefits. These include special bonus offers, increased cashback, priority withdrawals, flexible limits, and private tables to enjoy table games with customized features.
Online Gambling with Tether
When you are betting on a USDT casino site, the information in the following paragraphs will help you gamble with caution:
Research on the Tether Casino you Use
Even though cryptocurrencies are largely unregulated, you will still find some Tether casino sites licensed by renowned gambling regulators. These lend credibility to the site and ensure that there is someone to connect to in case of issues. You should also review the casino’s popularity and payout trend while picking an online casino site.
Register an Account
While registering an account with a USDT casino, you only need to provide your email ID and set up a password. You do not have to fill out the lengthy registration forms that you usually do at fiat casinos. Ensure you fill out your email ID carefully, as all future correspondence and bonus offers you receive from the casino will be shared on it.
Bankroll Management
Starting your gambling venture with a fixed bankroll is very important, even if you are on a winning spree when playing, as you never know when you might lose it all. If you feel the need, you may use responsible gambling tools that will protect you from gambling out of addiction.
Reviewing a Tether Online Gambling Site
We would like to share the critical parameters in detail that will help you wisely choose an online casino with Tether deposits.
1. Licensing and Security Aspects
Check if organizations like Curaçao eGaming and Malta Gaming Authority regulate the Tether casino site you pick. Crypto casinos are widely unregulated, and only a few casino sites have these licenses. Also, the casino site you choose should offer updated and secure firewalls to protect your data. The best part of using a crypto casino is that you do not have to share much data, and the blockchain records all the transactions, keeping your funds and information safe and secure.
2. Goodwill and Player Reviews
Customers' reviews on gambling forums, such as Trustpilot or Reddit, reveal much about how a casino runs its business. Even though these reviews are individual opinions that are not necessarily true, they exhibit a lot about the authenticity of the Tether casino site. You should also check the rating of different casino features such as bonus offers, support, payment speed, and other factors to know what to expect before depositing at a USDT casino.
3. User Interface and Experience
The ease with which you can register, deposit, and start playing at the casino will significantly define how long you want to stay on the platform and continue playing. You should be able to locate the terms and conditions and bonus rules and quickly navigate to a game you wish to play. So, it is always better to review the user interface and the overall design of the website and the mobile site in advance to see if they are comfortable to use.
4. Diverse Game Selection and Software Providers
USDT sites host thousands of games created by trusted software providers. Such games offer better RTPs and innovative features than most run-of-the-mill gaming products. Check if the slot selection allows you to play features such as megaways, bonus buy, cascading reels, and transforming wilds, and if there are enough free spins and multipliers in the store. Check out if there are progressive jackpot games from providers like Microgaming, Playtech, or games with enhanced graphics from Pragmatic Play or Red Tiger Gaming when choosing a USDT casino.
5. Support Staff
The quality of support you get on the casino site will ensure you can quickly address your queries and get resolutions in time. If you prefer a particular language, check if the Tether casino you pick offers support in multiple languages.
6. Banking and Payout Speed
If you can quickly cash out from an online casino, you will likely trust it over others who sit on your funds for a long time. You should keep track of the payment channels a casino offers and the speed with which you can expect to get your withdrawal with each banking mode.
7. Crypto Acceptability
If you prefer gambling with USDT, the site should at least accept USDT for both deposits and withdrawals; however, it is always good to see other payment channels such as Bitcoin, Litecoin, Dogecoin, Ethereum, etc., and you should be able to transact with them seamlessly without excessive fees.
8. Promotions and VIP Benefits
Gamblers always look forward to lucrative promotions and VIP benefits. Before picking a Tether online casino, reviewing the bonus offers and their complete terms and conditions well beforehand is always advisable.
Advantages and Disadvantages of Using Tether for Online Gambling
Tether has all the benefits of a cryptocurrency but has its own set of limitations. Let us check them out.
Pros
Stable than most other cryptocurrencies
Accepted by most crypto casinos
Instant transactions
Low network fees
Allows access to a variety of casino games
Cons
Centralised tokens cannot be mined
Not regulated by a government body
Some believe that Tether does not have enough reserves to support all USDT transactions
Game Collection at Tether Casino Sites
Now, let us welcome you to the most exciting part, the game collection accessible to you when gambling at a Tether online casino. You have a wide variety of slots, live casino and many casual games on USDT casino sites.
Slots
Often, casinos have a grand slot collection encompassing a wide range of games with different themes and gameplay mechanics. These games have symbols on reels that spin on a matrix structure such as 3*3 or 5*4, and a specific combination of symbols decides your wins.
Table Games
When betting on USDT casino sites, players who prefer skill-based gambling have access to a variety of card games, such as blackjack, poker, baccarat, dragon tiger, and roulette online casino game, and many exciting fusion games like BacBo in virtual and live casino formats.
Crash Games
These are the games that are ideal for beginners. All you need is to stake your money on a flying object, and the height it reaches before you cash out decides the multiplier you get on your stake. At Tether online casino sites, you can find many popular crash games like Aviator, JetX, Jet Lucky 2, and Space XY.
Live Dealer Games
Many gamblers prefer playing live on sites as you can watch the dealer face to face and play the game in real time with high-definition streaming. You can play most table games in the live casino or bet on live game shows inspired by a TV show, board game, or the Wheel of Fortune concept. These games also involve a social element, as you can chat with the dealer or other players on a live chat forum.
Dice Games
You can also enjoy betting on dice rolls with games like Sic Bo and Craps which are also available in virtual as well as live versions at online casino sites. Sic Bo online casino game is more easy to understand compared to Craps and is preferred by newbies.
Responsible Gambling at Crypto Casinos
The layer of anonymity, as well as instant transactions, make you prone to excessive gambling at USDT casinos, so it is important to take stock of your money and time while betting. Here are some pointers regarding responsible gambling.
Identifying Risk
Many problem gamblers complain that they never see a problem with their gambling habits. Identifying the problem early on can restrict the harm excessive gambling can cause.
You can use self-help questionnaires that many USDT casino sites have on their websites to see if your gambling behaviour needs a check. If you feel you need consultation from an external gambling help authority, many of the best USDT casinos will provide contacts to organisations that offer counselling to vulnerable gamblers.
Affixing Limits
If you need help, you can use tools such as fixing deposit or loss limits on your casino account. You can also self-exclude completely to restrict yourself from gambling for up to six months or a year.
Conclusion
Tether is a promising option for gambling with cryptocurrencies for various reasons, primarily because you do not have to worry about the excessive volatility of most cryptocurrencies. However, since Tether cannot be mined like Bitcoin or Ethereum, it is slightly less preferred by gamblers who love risk.
Still, gambling at Tether Casino sites is worthwhile due to the immense game variety at your disposal and exciting promos that stretch your budget to give you additional winning opportunities. Do your research before picking a USDT casino and have the best time gambling.
Yes, gambling with Tether is safe, provided you pick only the recommended sites with a good reputation in the gambling market. Always check the laws around crypto gambling in your country or jurisdiction before registering at a Tether casino.
Are the games at USDT Casinos Provably Fair?
All the games at USDT casino sites are not Provably Fair. Only some slots and crash games are certified Provably Fair, as players can verify that the outcome of every round is randomly generated without any bias in the algorithm. Live casino game results cannot be verified.
Is Transacting with Tether Anonymous in Reality?
Since your USDT transactions are not routed through a bank, your bank account statement will never show casino transactions. Moreover, you can use a virtual private network to hide your location while gambling. However, to withdraw at some casinos, you might have to provide additional KYC documents that include your name, mobile number, and address details.
Are There Limits on Tether Casino Transactions?
While some casinos might impose minimum and maximum limits on Tether transactions, some don’t. You can start gambling with them for as low as 1 USDT and make unlimited withdrawals. However, casinos like Vave have a minimum limit of around 20 USDT on deposits with ERC20.