Since its inception in 2014, Tether has become the fourth-biggest cryptocurrency in the world.
When looking at trading volume, this stable coin even overtakes Bitcoin. However, Tether is a controversial currency, and, despite theoretically being pegged to the U.S. Dollar (1 UDST should always be the same as 1 USD), its value dropped to 85 cents only in 2018.
Tether has since recovered and the coin is, nowadays one of the most popular coins for online gambling.
Finding the right Tether casino, however, is no easy task: the offering has only grown larger, and discovering the best casino between several options can be a bit overwhelming.
Luckily, this Tether gambling guide is here to help you with:
- Finding the best USDT casinos and Dapps with all the best bonuses.
- Discovering what games you can play with Tether.
- Taking advantage of all the benefits of Tether when playing online
- Playing safely at Tether casinos.
Best Tether Casinos
We've tested some of the most popular casinos accepting Tether and selected the top three.
When looking at a USDT casino, there are three key aspects we always take into consideration:
- The casino should be safe and reputable.
- There should be different types of games available, including provably fair games.
- The casino should offer enticing bonuses and rewards and/or have a low house edge.
Our top-three picks - mBit, 1xSlots, and TrueFlip - rate highly on all three aspects.
About mBit
Backed by a mother company that owns 35 casinos, mBit has all the tools needed to offer you the best Bitcoin casino experience. Its thousands of available games will thrill you while you race to win daily prizes. There are so many different promotions and rewards, it's hard to keep up! And we have to shout out to its VIP program, which is one of the most engaging we've seen. However, a few influential studios are missing, and you can't play with fiat currencies.
Overview
Websitembitcasino.com
Established 2014
License Curaçao
Bonus 5 BTC + 300 Free spins
Wagering Requirement 35x
No Deposit Bonus -
Live Chat Yes
About 1xSlots
Slots is what you'd expect at 1xSlots, and indeed most of the 7,000+ games consist of our favorite casino game. However, there is also a big choice of live casino, table games and everything else that you might look for in a casino. When you register, you receive an interesting welcome bonus and as an existing player you'll continue to receive bonuses on a regular basis. When it's time to ask for a withdrawal, you have a lot of options too.
Overview
Website1xslot.com
Established 2017
License Curaçao
Bonus $1500 + 150 Free Spins
Wagering Requirement 35x
No Deposit Bonus -
Live Chat Yes
About True Flip
True Flip is a unique blockchain casino. Besides its very own cryptocurrency, it offers original games developed by its own game studio. On top of these exclusive features, True Flip has over 1600 games from some of the world's biggest brands, which you can play with a large selection of fiat money and cryptos. This is an impressive brand, although it could be improved with the addition of provably fair games and a VIP program.
Overview
Websitetrueflip.io
Established 2017
License Curaçao
Bonus 1 BTC + 150 Free Spins
Wagering Requirement 35x
No Deposit Bonus -
Live Chat Yes
Tether Casino Dapps
At the moment of writing, there were no Tether casino Dapps that we could find.
However, Tether and Dapps are in constant development, and they could be coming along soon.
We'll certainly keep an eye on the Tether Dapp development, so check back regularly for updates.
Tether Bonuses
Just like with any other cryptocurrencies, you can take advantage of Tether bonuses at most Tether casinos.
Since Tether is a stablecoin pegged on the U.S. Dollar, you can usually get the same value for money as people playing with USD.
However, Bitcoin bonuses are, for the most part, still your best alternative at cryptocurrency casinos.
Casino Games You Can Play With Tether
Nowadays, more and more casinos choose to accept only cryptocurrencies as a payment method. This means that more blockchain casinos accept Tether, with an ever-growing portfolio of diverse casino games from USDT poker to USDT baccarat and provably fair slots.
Furthermore, since large casinos (such as BitStarz and Cloudbet) accept the currency, virtually all casino games are available for Tether players.
- Tether Slots: Nearly all providers and slot machines are available at Tether casinos. You'll be able to find games such as Mega Moolah from Microgaming, but NetEnt's progressive jackpots are harder to find.
- Tether Poker: You can practice your skills at video poker games at most USDT casinos. However, finding a USDT poker client where you can play against real players might be harder.
- Tether Blackjack: Because of blackjack's popularity, you can often find a separate section of blackjack games at Tether casinos. Live dealer and video blackjack games are equally available.
- Tether Roulette: Just like blackjack, roulette often gets its own category in a USDT casino. Similarly, you should be able to play roulette versus a live dealer at a Tether live casino, as well as hone your skills on video roulette games.
Benefits Of Tether
The biggest benefit of Tether is that it's much easier to switch to a fiat currency than other cryptocurrencies. This is because it's a stablecoin, directly linked to the value of an actual fiat currency. Other cryptocurrencies need to be exchanged for fiat currencies through a broker.
For the same reason, Tether also offers lower volatility. The name says it all: Tether is much stabler than most counterparts, which can be both a benefit and a disadvantage.
Let's put it this way: if you're playing with Bitcoin, you can suddenly find yourself with much more valuable winnings if the market goes up. However, a sudden price drop might also severely reduce the value of a big win. With Tether, neither situation applies.
Just like other cryptocurrencies, USDT casinos also have the following benefits:
- Safe transactions
- Payment anonymity
- Low-cost payments
Deposit And Withdrawal
Besides the nearly-instant processing times that you can expect from most cryptocurrencies, Tether offers another benefit when it comes to its payments at online casinos: flexible deposits and withdrawals:
- Minimum deposits can be as low as 1 USDT.
- Minimum withdrawals start at only 0.001 USDT.
ABOUT TETHER
Tether is a stablecoin and very easy to convert.
Check it out!
Safety At Tether Casinos
A controversial cryptocurrency, Tether is perhaps not indicated for cryptocurrency newcomers.
For instance, Tether's founding company offers no guarantees that Tethers can be redeemed for dollars, despite claiming that they do hold enough dollars to assure the value of every single Tether. This uncertainty can (and has) negatively affect Tether's value.
Despite everything, Tether is one of the stablest cryptocurrencies in existence.
Although this particular disadvantage is not as relevant with USDT than with other cryptocurrencies, when playing at a Tether casino you should always be prepared for possible value fluctuations.
Are Tether Casinos Legit?
It depends. For the most part, it's legal for you to play at a Tether casino as long as online gambling is not forbidden nor heavily regulated in your country.
If you want to make sure you're playing at a legit Tether casino, make sure it holds a valid gambling license. Playing at unlicensed casinos is always a risk, no matter what currency you use.
We also strongly suggest you play at cryptocurrency casinos that accept Tether payments directly from your e-wallet and do not hold your funds.
Provably fair USDT casinos are also more trustworthy since your gameplay will be fully verifiable.
It might also be a good idea to play at a casino available in your language.