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Top Rated Tether (USDT) Casinos

Stablecoin Gambling at its Finest

Tether (USDT) is a unique type of cryptocurrency asset that belongs to a new breed of cryptocurrencies known as stablecoins.

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How to Sign-Up to a Tether Casino

How to Sign-Up to a Tether Casino
  • Choose a casino with USDT

    There are hundreds of cryptocurrency casinos but not all of them offer Tether as a banking option. Fortunately, this page lists every online casino that accepts Tether (USDT) deposits and withdrawals. Our reviews are rated and edited by our team of experts and each Tether casino features an up-to-date bonus. Search through our huge list of USDT betting sites to find one that offers the best type of gambling for you; whether that's anonymous betting or a world-class list of games.

  • Deposit USDT

    Tether is predominantly an Ethereum-based token (ERC20) and as such it can be bought and transferred just like you would with any other ERC20. If you don't already own Tether you can buy some from a USDT exchange like Binance or OKEX, both of which are available to traders in dozens of countries. Those in the US can buy Tether from Binance's US subsidiary. With Tether bought, it can be deposited into a casino with a simple wallet transfer. Deposits can be expected to arrive within minutes.

  • Bet with stability

    The primary reason that players use Tether for gambling is for the cryptocurrency's price stability. You can bet and play using USDT without the fear of price volatility and with the benefit of measuring wins and losses in US Dollar terms. When it comes to withdrawing, simply paste use your wallet's Ethereum address and cash out in lightning speed!

New Tether Casinos

Tether is the world’s largest stablecoin when measured by market capitalization. For this reason, more and more casinos are choosing to add USDT as a banking option and popularity has been sky rocketing. Dozens of Bitcoin casinos are now using Tether (along with other Ethereum tokens) and players are now spoilt for choice. The following table lists all of the latest Tether casinos to be added to The Bitcoin Strip. Looking for a place to bet with USDT? You’re in the right place!

Tether Casino Date Added Rating Review
YoJu Casino 16 Oct 2020 81 Read More
Forest.Bet 03 Sep 2020 70 Read More
Rolletto 28 Aug 2020 79 Read More
Fairspin Casino 21 Jul 2020 Read More
RichPrize Casino 03 Jul 2020 77 Read More

Top 10 Tether (USDT) Casinos October, 2020

Expert Reviews
Crypto Banking
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TheBitcoinStrip.com thoroughly reviews the casinos listed on this website as a means to provide accurate and valuable information to its readers. To continue providing free access to the public, this website accepts commission payments from some of the casino operators shown below. However, we do not accept direct payments for casino ratings.

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Top Crypto Casinos That Accept USDT

Best for Design

Launched in 2014, BitStarz is one of the most popular bitcoin casinos in the industry. It is a regulated entity operating under the laws of Curacao and is owned by Direx N.V., a reputable company in the sector.

One of its most outstanding features is its sleek website and game design. It offers games from a number of top-notch providers, with around 1,800 game options to choose from.

The gaming experience is astonishing and players can pick from 3D virtual games to board games like the Texas Hold’em. Players can also challenge live dealers to test their skills on their thrilling live casino.

Another highlight of the service is its security. BitStarz secures its platform with up to date cryptographic technology and encryption systems. Little wonder, it got the ‘Certificate of Trust’ from AskGamblers, an award given in recognition of efforts to secure data and assets.

It is also highly versatile, accepting both fiat and cryptocurrency deposits. Notably, withdrawals from a BitStarz account take under an hour in most cases. It also has a superb customer service team that is available 24/7 on live chat and email, and they have a reputation for quick and knowledgeable responses.

Given the growing influence of social media, BitStarz also uses social media to engage customers and address complaints.

Best for Bonuses

mBit is a Curacao regulated crypto casino that was launched in 2014 and has quickly become remarkably popular among crypto gamblers. Its increasing popularity is largely brought by its emphasis on anonymity.

It has a vast library of games currently consisting of over 2000 games. mBit’s website also has a fancy and fun web design. Its services include traditional casino games, live options and a sportsbook feature allowing punters to bet on a wide array of sporting events.

New players get a 110% deposit bonus as well as other amazing offers and promotions along the way. Among its most inviting aspects is its alluring VIP Program that offers several opportunities and rewards as players climb a loyalty ladder. This program encourages an increased player activity to profit from bonuses attached to the various VIP levels.

The casino offers reliable customer support via 24/7 live chat. Deposits and withdrawals are both straightforward and almost instantaneous. On the downside though, the games are not provably fair.

Best for Variety of Games

BetChain has been operating since 2013 as a regulated entity under the laws of Curacao. Since its inception, it has focused mainly on the crypto community and only started accepting fiat currencies later.

In addition to supporting both fiat and crypto, the service is popular for its variety of games. Currently, its library features 2,900+ games to choose from and operates on a provably fair model. Besides its inviting collection of classic casino games, it also offers multiplayer options and 3D slots. Notably, it offers some unique games that are very rare in crypto casinos.

In order to cater adequately to its international client base, the site supports at least 10 languages. Another aspect that sets it apart is its focus on mobile gaming. Its mobile app is one of the most comprehensive, offering a majority of the features accessible on the web-based platform.

Customer support is accessible via email and live chat and the team is highly responsive, friendly and helpful.

What is Tether (USDT)?

Like other cryptos, Tether (USDT) is based on blockchain platforms. It operates via the Omni Layer protocol on the Bitcoin blockchain as well as via the ERC20 protocol on the Ethereum blockchain. The Omni platform is used for a number of digital assets, all of which are anchored to Bitcoin. Ethereum-based USDT came into the scene after BTC-based ones but has since taken dominance.

The essence of stablecoins like Tether is to keep crypto values stable given the wild price swing characteristic of the crypto asset class. In order to ensure its stability, it has its value pegged to fiat currencies like the USD, EUR and JPY. The most popular peg Tether uses is USD, which basically means that each individual USDT token has the backing of one US dollar. 

Additionally, similar to other stablecoins, USDT is issued by a centralized company. The role of this company is to put up collateral so as to manage the supply of the currency. Tether Limited, the company behind USDT, claims to hold US dollars in reserve equivalent to the number of USDT tokens in circulation.

However, there are some stablecoins that have gone against the grain to adopt a decentralized model. One such exception to the rule is DAI, a cryptocurrency backed by a cryptocurrency. It has the backing of Ethereum and makes use of smart contracts to defy crypto volatility. Instead of keeping reserves of ETH coins, it locks them in smart contracts that are run by algorithms.

Despite being a centralized token, Tether has never before been censored. Recently, some central banks have started pushing for heavy regulation on stablecoins. However, they are only recommending the prohibition of decentralized stablecoins, not centralized ones like USDT.

As mentioned above, Tether is ERC20-compatible since it is based on the Ethereum protocol. Therefore, for an Ethereum casino that already accepts other ETH tokens, it is easy to add USDT. This explains why there are numerous casinos accepting Tether. But what advantages can players enjoy from using Tether casinos? Let’s find out.

Why Do Players Use Tether Casinos?

Crypto casinos are a relatively new phenomenon, being only a few years old. A majority of the casinos that first embraced the world of digital assets only supported bitcoin. But with time, they have extended their services to include other cryptos as well, and this includes Tether.

Consider a few features of Tether that draw players in droves to USDT casinos:

Stable

As the name ‘stablecoin’ suggests, the main highlight of Tether is its stability.

Stablecoins were created with the key objective of providing crypto users with a stable alternative to bitcoin and other digital assets. Since its value is pegged to a relatively stable fiat currency, it is a stable cryptocurrency.

Though cryptos offer numerous advantages for use in casinos, their volatility is one of the major downsides. But with stable cryptocurrencies, casino users have the opportunity to play in casinos using crypto without having to worry about this.

Fast

As is the case with most cryptocurrencies, the use of USDT offers faster processing times than when using fiat money. While fiat bank transfers can take between 3 and 5 days to process, crypto transfers may be instantaneous or can take only a few minutes depending on the blockchain network.

This makes it easy to make deposits and withdrawals, without having to wait for days for the cash to reflect. In addition to being able to shift funds rapidly, players can also take advantage of arbitrage opportunities thanks to this speed.

Anonymous

Gambling with USDT makes it possible for players to access casino services anonymously. There are plenty of players who like to keep things private. That way, no third parties can get access to their personal information and no one has to know when they win or lose.

Low Fees

Fiat transfers are rather expensive. To illustrate, consider the cost of a SWIFT (Society for Worldwide Interbank Financial Telecommunication) transfer. Typically, it ranges between $20 and $30. Moreover, when using a fiat currency that a particular bank does not support, you will also have to pay a foreign currency conversion fee.

On the other hand, Tether offers a unique fee policy, charging no transaction fees for transfers between USDT wallets. This makes a world of difference for a casino player.

The Best USDT Casino Games

A majority of crypto casinos offer the same games to their fiat currency users and those who use Tether and other cryptocurrencies. However, there are unique games that you can only play with crypto. A major advantage of playing these games is that they usually have low house edges, meaning more winnings for you.

Take a look at some of them:

Moon Game

Cryptocurrency investors are always hoping the price of their holdings go to the moon. While this may not be likely with Tether, the Moon Game gives you an opportunity to cash in on the concept. It’s all about gambling on how high a rocket will reach before crashing.

Goals

For soccer lovers, this game will be an instant hit. It’s all about trying to score against a seasoned keeper. At its lowest levels, you get two chances of winning and one chance of going bust. As you get to higher levels, the chances of winning reduce but the payouts increase.

Cryptoskull

On this adaptation of Minesweeper, you need to cross a minefield and win prizes along the way. You can turn back at any point and if you do not step on a mine, you get to keep the reward.

Show More.

Tether FAQ

⚖️  Is Tether safe to use?

Yes, it is safe to use.

However, there are a lot of controversies and safety concerns surrounding Tether, particularly about whether or not it is fully backed. Some allege that the entity behind it prints tokens without any regard for actual demand. If that were so and there was a bank run, holders would be left with worthless tokens that were irredeemable.

At the end of the day, every investor should carry out their own research. Authorities like the New York Attorney General have identified inconsistencies in the company’s reports. From their own admission, only about 74% of the USDT in circulation has the backing of USD reserves. This underscores a need for caution, especially for anyone holding large reserves of the token.

⚖️  Do Tether casinos accept other stablecoins?

It depends. If a casino accepts Ethereum-based Tether then the addition of other Ethereum tokens is trivial. It’s not uncommon for USDT-accepting casinos to also provide banking for dozens of other tokens including stablecoins.

⚖️  How does USDT remain stable?

Tether USDT was designed to be pegged to the US dollar for stability, away from the uncertainties of the crypto market. Unlike a majority of cryptocurrencies, it does not have a finite token supply. Rather, the entity behind it issues new tokens when customers buy them by making deposits of USD and the other underpinning fiat currencies.

Therefore, theoretically at least, the tokens are only issued when there is demand, and for every USDT token in circulation, the company holds $1 in reserve. This keeps the price of USDT equivalent to its fiat equivalents at all times, theoretically.

⚖️  Can I withdraw from a casino in Tether?

Yes, you can. The cryptocurrency casinos mentioned in this article accept Tether when you want to deposit or withdraw your earnings in Tether.

Published by Nica SJ

Nica SJ

About the author

Nica is an expert cryptocurrency and fintech writer who has worked with several venture-backed tech startups in the US and UK as well as investment companies in London. She currently enjoys researching about bitcoin exchanges and casinos.

Last updated by Nick Hawke on July 17, 2020

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About the editor

Nick is the CEO and founder of The Bitcoin Strip and has reviewed and written about Bitcoin casinos, sportsbooks and poker rooms for 9 years. He first entered the Bitcoin gambling market in 2011 following a widespread closure of poker rooms in the US.
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