USDT betting is bigger than ever and we are here to show you how you can get involved. This means walking you through the basics of what it means to enjoy USDT sports betting or casino gaming, and we’ll highlight the main pros and cons of this crypto coin.
Plus we’ll also highlight the best USDT casino sites and sportsbooks out there, and even give you some tips for your gameplay. So let’s have a look at what USDT betting is all about.
Recommended USDT Betting Sites and Offers
USDT gambling has never been as widely available and this is displayed by the number of casinos that are offering Tether as a payment method. Below we have highlighted a few that stand out due to their welcome bonus and huge selection of betting markets.
What is USDT?
USDT is the currency code for the Tether cryptocurrency. Tether was launched in 2014 and it is notable because it is a stablecoin that has its value linked to the US dollar.
The stablecoin has become hugely popular and actually surpassed Bitcoin to become the most traded cryptocurrency in 2019.
You can use Tether as a store of value, to make payments for goods and services online, or even for esports betting and casino gaming as we’ll discover below.
Pros and Cons of USDT Gambling
Obviously Tether isn’t the only crypto coin out there. So why should you consider USDT betting rather than taking part in something like Shiba Inu betting? Here are few pros and cons of using Tether:
Advantages of USDT Gambling
✅ Speedy transactions
Most Tether payments should be processed in just a few seconds which is a whole lot quicker than Ethereum which could take anywhere between 10 minutes and an hour. You can then enjoy some superb USDT sports betting or casino options.
✅ Seriously low fees
Tether somehow keeps its fees down to a bare minimum meaning that you should face very little in the way of charges when making your USDT deposits and withdrawals.
✅ Secure deposits
The blockchain technology behind Tether is designed to prevent any of your deposits failing. Perfect for getting a stress-free way to fund your betting account.
✅ Peer to peer payments
You won’t find any banks or financial institutions meddling with your Tether payments as each transaction will be made with no third-party intermediary. This is a feature common among most cryptos and gives Tether an edge above regular fiat payments.
✅ Security
You should know that Tether offers high levels of security. This is because each transaction will be recorded on the blockchain network. As such, there will be a transparent and accountable record of each payment while your personal information will remain completely private.
Disadvantages of Tether
❌ Risk of volatility
The fact that Tether’s value is supposedly pegged to that of the US dollar should ensure that the coin doesn’t suffer some of the volatility that is common with most cryptos. However, the Tether crash of 2022 showed that this ‘stablecoin’ is just as volatile as any other crypto.
❌ Not for newbies
If you aren’t too technically minded, then something like Tether might not be a good choice. This is because there can be quite a steep learning curve to doing things like setting up a crypto wallet and transferring your funds.
❌ Liability for fraud
While some people like the lack of regulatory oversight for cryptos like Tether, it does come at the cost of there being no one you can turn to should something go wrong with your USDT payments. As such, you should be twice as careful to avoid any of the all-too-common crypto scams.
Focusing on Three of the Best USDT Betting Sites
We’ve found that all of the top crypto betting sites will be more than happy to accept your USDT payments. Here are three of the best to start you off:
Thunderpick – Nicely rounded crypto gambling platform
Anyone who has read our Thunderpick review will be glad to see that this brand accepts USDT deposits and withdrawals.
Once your digital funds hit your account, you can use them to bet on a massive range of sports and esports odds, and it’s worth noting that Thunderpick is a leading USDT casino, too.
What’s best is that your first Tether deposit here could be matched by up to 100% in extra credit thanks to the brand’s generous welcome bonus.
BC.Game – Make your Tether deposits here
Everyone knows that this is one of the biggest crypto gambling sites in the world, and so it’s no major surprise to find that BC.Game accepts Tether alongside countless other coins.
You can use your Tether deposits to play over 8,000 casino games and bet on limitless esports and sports odds. Plus you can get a massive BC.Game bonus as a new customer that will match your first USDT deposits by anywhere up to 300%.
MyStake – Top gambling platform with a crypto twist
This brand has quite rightly become one of the most popular crypto gambling platforms. You can safely make your Tether deposits here and find that the funds can be used on all of the esports and sports odds you’d expect and MyStake also has a range of crypto casino games.
Signing up here will get you a nice deposit match bonus and elsewhere you’ll find lots of deals for existing customers too. Plus with a decent rewards program, you’ll constantly get more from your USDT payments.
How to Bet With USDT
You can go from reading this guide to making your first bets with Tether in just a few minutes. So once you’ve got some USDT from a crypto exchange, you will just need to take the following steps:
- Register your account with any of the crypto gambling sites listed here
- Navigate to the Cashier section
- Click on the Deposit link
- Select Tether as your preferred deposit option
- Copy the send address or use the QR code to paste the address into your crypto wallet
- Enter in how much USDT you wish to send
- Double-check the details and submit your payment
Once you have done this, you should find that your USDT payments go through in just a matter of seconds. Now you can start playing all of the casino games and bet on the odds with your newly-added digital funds.
Handy Tips for USDT Betting
We thought we’d give you a couple of tips to help you avoid making too many rookie mistakes with your Tether bets:
Get those bonuses
Most betting sites will have welcome offers that can be triggered by making an adequate deposit with a payment method like Tether. Be sure to get these deals to get extra credit, but remember to read the small print of these deals.
Set a budget
Use whatever responsible gambling tools are available to place limits on how much Tether you deposit, and even how much you bet and lose. After all, it can be all too easy to spend a little too much time and money at these sites.
Conclusion – Your GFuide to USDT betting
It doesn’t matter whether you want to enjoy some crypto sports betting or casino gaming as we’ve shown you that USDT is a great option for your crypto gambling.
After all, the stablecoin is widely accepted, offers fast payments, low fees and high levels of security. While you’ll have to be careful of its inherent volatility and the threat of fraud, the same is true of most other crypto coins. So be sure to check out any of the crypto gambling brands featured here and enjoy some quality USDT betting.
