The volatile nature of the crypto market is the main reason why many crypto traders and bettors prefer adding stablecoins to their portfolio. This is also why stablecoins have become a popular payment option in many cryptocurrency casinos.
Stablecoin is a cryptocurrency designed to have a relatively stable price. The price of this type of digital currency is usually pegged to a stable asset such as fiat money or precious metals. Today, there are more than 200 types of stablecoins globally, with the market valued at about $130 billion. Some of the most popular stablecoins are Tether (USDT), USD Coin (USDC), Binance USD (BUSD), and DAI.
This guide will discuss the best cryptocurrency casinos that allow players to bet with Tether USDT in 2022.
But first things first, what is Tether (USDT)?
What is Tether (USDT)?
Tether (USDT) is the largest and most popular stablecoin globally, and its price is collateralized and pegged to the US dollar value. In other words, 1 USDT is pegged to 1 US dollar or USD.
With the value of USDT backed by that of the U.S. dollar, it eliminates the chance of the cryptocurrency experiencing wide swings like other crypto assets such as Bitcoin and Ethereum.
USDT was launched in 2014 but was initially known as RealCoin before it was rebranded to Tether. The cryptocurrency is a leader in the stablecoin market, which makes it impossible not to see it listed on every crypto trading platform. USDT is currently the third-largest cryptocurrency with a capitalization of over $80 billion, which is more than a 50% share of the total stablecoin market cap.
Hong Kong-based Tether Limited, a subsidiary of iFinex (the owner of crypto exchange Bitfinex), is the company behind the issuance of the USDT. The firm also has another stablecoin product pegged to the euro called EURt. Tether’s goal for its stablecoin products is to bridge the gap between fiat and cryptocurrencies.
Pros and Cons of USDT
Stable value - no price fluctuation
Easy to convert to fiat or other cryptocurrencies
Fast deposits and withdrawals
Cheap transaction fees
Lack of anonymity
Past controversies surround the company
Top 5 Crypto Casinos Accepting Tether (USDT):
Perfect For Live Dealer Online Casino
Reliable And Regulated Bitcoin Casino
Offers Several Limits To Encourage Responsible Gaming
Crypto-Focused Casino Game Portfolio
Reliable And Regulated Bitcoin Casino
Comprehensive Games Lobby
Supports both FIAT and cryptocurrency deposits and withdrawals
Features More Than 2,000 Top-Level Games From 79 Leading Gaming Software Providers
Supports Multiple Languages
Supports Both FIAT And Crypto Payments
Solid Reputation Since Its Inception In 2013
Professional Customer Service With A Useful LiveChat Function
Advanced UI/UX, Award-Winning Bitcoin Casino
Excellent customer support
Players Can Play Games Without Wagering Real Money
How to Select the Best USDT Casino
Almost every online casino accepting cryptocurrencies usually adds Tether as one of the payment options. But it is not enough to choose a casino simply because it supports USDT. Just like choosing the best new Bitcoin and crypto casinos, there are other factors you must consider when selecting a preferred casino to use.
Some of the factors include:
It is crucial to conduct due diligence about a casino before committing to it. This way, you will be able to verify the authenticity and reputation of the platform.
You can visit different online betting forums or reputable casino review websites like Bestbitcoincasino.net. If the reviews are good, then there’s a high possibility that you have found a suitable casino for betting adventures.
While researching, find out who the casino operators are and check whether they have any past affiliations with dubious activities.
The USDT casino you want to use should have measures to protect players from bad actors such as hackers looking to steal users’ funds and information.
Don’t feel safe simply because the casino claims to be secure. Check the measures put in place to prevent anything bad from happening to your funds and information.
It would be a bonus to use a Tether casino with an operational license from a gaming authority because the operators would have no choice but to comply with laid down rules mandating it to keep players safe. However, keep in mind that the regulatory status of a casino doesn’t matter if you prefer to use an unregulated USDT betting platform.
The importance of using a casino that has good customer support cannot be overemphasized. The USDT casino you want to select should have a minimum of two support channels, with the Live Chat feature inclusive. The platform should have a support team that is always available to respond to your queries.
When it comes to games, there are a lot of them that you can play, ranging from sports and esports events to casino games. So, don’t choose a casino that offers only a handful of games because betting on the platform could become boring, and it may affect your winning chances.
Also, look out for USDT betting websites that offer some of the most common casino games in categories like Baccarat, Blackjack, Craps, Roulette, Poker, etc.
Never sign up for a casino that does not offer bonuses and rewards because you will be cheating yourself. Look for a USDT casino with different bonus offerings for both new and existing players. You will still receive rewards even when you stop being a new user.
Bonus offerings can range from welcome bonuses to weekly cashback and free spins. Welcome bonuses are usually reserved for new users who join the platform and are activated once you fund your account. However, bonus packages like free spins and weekly cashback are awarded to users who top up their account balance on certain days of the week.
Seven (7) Best USDT Casino
Choosing the best betting websites that accept USDT can be exhausting because it requires extensive research that could take days to complete. We’ve handpicked the top seven USDT casinos to make things easier for you. So all you have to do is pick one and start betting.
Launched in 2016, 1xBit is one of the best USDT casinos in the industry. You can choose to bet on more than 3,000 casino games or place a wager on different sports and esports events.
One feature that puts 1xBit above other casinos is its mobile application for Android and iOS devices.The casino promotes decentralized and anonymous betting, and it offers a highly secure platform combined with 24/7 professional customer service.
Aside from USDT, players can wager on their favorite games using over 30 cryptocurrencies, including BTC, ETH, DOGE, etc. The casino also has a lucrative bonus offering available to new and existing users.
Cloudbet is one of the oldest USDT casinos still operating. The platform has built a solid reputation over the last nine years.
Players who choose Cloudbet will enjoy a wide range of services, including a secure betting website, 24/7 customer support via LiveChat widget, support email, casino and sportsbook betting, and advanced UI/UX.
Should you feel the need to use a different cryptocurrency apart from USDT as a payment method, you can choose from more than ten crypto assets such as BTC, DOT, BCH, ETH, etc. Cloudbet’s bonus offers include welcome bonuses, zero-margin bets on sports, free spin Tuesday, and probably fair cashback.
This USDT betting website is for casino-game lovers. 7Bit Casino was launched in 2014 as a crypto-only casino with more than 2,000 high-quality casino games in different categories, including Table, Slots, Poker, Blackjack, Roulette, etc.
The casino holds a Curacao gaming license, a move that will ensure the platform only offers quality services to its clients. 7Bit Casino offers attractive bonus packages, with new users adequately rewarded when they fund their accounts for the first four times.
Both your funds and data are well protected and if there is a need to contact the support team, you can do so using either the Live Chat or Email option at any time.
mBit is a casino-only platform that was launched in 2014. The website allows you to wager on more than 2,000 games using USDT and other supported cryptocurrencies such as BTC, BCH, ETH, DOGE, XRP, and LTC.
mBit is regulated under Curacao laws, which mandate it to protect users. The casino offers mouthwatering bonuses such as welcome bonuses and promotions, free spins, no deposit bonuses, daily cashback, reload bonuses, bitty quizzes, and refer a friend.
BitStarz is a veteran cryptocurrency casino that supports USDT deposits and withdrawals. The betting website has won several awards for its quality services in terms of security, customer care, and game offerings.
BitStarz holds a regulatory license from the Curacao government, and its casino games include different types of Slots, Jackpot, Table, and BTC games. Players get the chance to enjoy additional bonuses in the form of a welcome package, an exclusive VIP bonus, and a variety of tournaments.
Aside from Tether, players can bet with fiat and other cryptocurrencies, including USD, CAD, DOGE, BTC ETH, etc.
Betcoin.ag is another top casino that allows players to wager on games using USDT and eight other cryptocurrencies. The platform supports casino games and sportsbooks.
As a regulated casino, Betcoin.ag holds a license from the Curacao eGaming Authority to provide a safe and transparent betting platform for users.
You can reach the customer service unit at any time, even on weekends, via Live Chat, Email, or support ticket. Betcoin.ag also has its special bonuses for new and existing players.
BetChain joined the online casino market in 2013. Since then, the platform has continued to improve its services for casino game lovers. You can bet on more than 2,300 games using USDT, as well as five other cryptocurrencies.
BetChain is a regulated casino licensed by the Curacao eGaming Authority. The platform provides professional customer service to users, so whenever you run into issues while using the platform, you can contact the support team, and a representative will always be available to resolve your queries.