TrueUSD Sports Betting 2024

This guide will introduce you to the top TrueUSD sports betting platforms, offering a secure and convenient way to bet on your favorite sports.

BC.Game is one of the latest players in the crypto betting market. Established in 2019, the platform has built a strong reputation despite having yet to have a licence to operate as a sportsbook in its initial years.

Since its establishment, the bookmaker has been offering a huge range of sports and markets from across the world. Whether major or minor, customers will get numerous betting options.

The moment you land on BC.Game’s home page, you’ll immediately fall in love with its dark theme that soothes the eyes. Also, the colour contrast is visually appealing, and the layout blends smoothly with all types of devices, including mobile and desktop.

There is a dedicated IOS or Android app, even though the website functions excellently. Both pre-match and live betting sections are full of options for customers.

BC.Game provides its customers with more than 50 cryptocurrency options and over 15 blockchain networks. Leading coins such as BTC, XRP, LTC, ETH, USDT, VET, RVN and WAVES are available for selection.

The betting site massively promotes all of its social features ranging from Twitter and Discord to Telegram and Facebook.

Customer care support is available through these social media platforms as well as live chat and email. The bookmaker executes all payouts within minutes and a few hours in the worst cases.

✔️ Quick and fast bets, as well as instantaneous withdrawals

✔️ Dedicated Android and IOS app

✔️ Generous bonuses and promotions in terms of play-through requirements

⭕ Fees on all withdrawals

⭕ No live streaming, bet builder and auto cash out

⭕ Average payout and slow bet acceptance

Every player should have a BC.Game account, because the company just leaves money on the floor and needs to collect it. The bonuses are easily accessible, especially for players who place very large bets.

BC.Game offers a betting margin of 94% on the UEFA Champions League, the Euroleague Basketball, and Tennis. The betting margin of the NBA and NHL are 96% and 95%, respectively, while the average is 94.6%.

BC.Game Other Information

BC.Game Accepted Cryptocurrencies

22Bet is an international gambling site. It offers two sides of winning as it believes that more fun is always better. Founded in 2018, 22Bet offers players both the services of a regulated online casino and a licensed sportsbook, providing a superlative gaming experience to all customers.

If you are like most players, then you want a diverse gambling experience with plenty of options. And this platform was created to provide you with that.

From the huge number of sports markets and competitions to bonus offerings and rewards, more amazing things are always available at 22Bet. With more focus on sports betting, 22Bet is currently available in more than 30 countries and different languages.

Many things make 22Bet different from others. These things are universal compatibility and great bonuses. The pros below show additional features that make 22Bet one of the best sportsbooks available out there.

✔️ Thousands of eSports and actual events are available to bet on

✔️ Helpful analysis tools that are designed to help you make the best choices

✔️ Different generous welcome bonuses are available to choose from

⭕ Limited in-play betting options and opportunities

⭕ Few ongoing promotions for existing customers

⭕ No committed mobile betting platform

22bet offers a wide variety of bonuses, changes them frequently and tries to give extra money not only to new players but also to existing players.

However, it’s not so easy to cash in those bonuses, but with a bit of luck it is possible. It is also important to pay attention to whether depositing money in cryptocurrencies will qualify for a bonus, as some bonuses are only for traditional deposits.

22bet offers a betting margin of 95% across all five sports and leagues, including Tennis, the UEFA Champions League, NBA, Euroleague Basketball, and NHL. As a result, it also offers an average betting margin of 95%.

22Bet Other Information

22Bet Accepted Cryptocurrencies

888Starz is the first professional licensed DeFi gambling website that is powered by revolutionary blockchain technology.

The team of experts that manages this betting site applies state-of-the-art blockchain technologies and integrates them into the heart and brain of this gaming platform. 888Starz has been operating for one year only, as it was founded in 2020.

It operates under a license from Curacao Gaming Authority and Azimutone Ltd, and Bittech BV operates and owns it.

Thousands of new players trust this gambling site each year because of various reasons. Once they join, this platform that is dedicated to offering the best sports betting services and products provide them with a generous welcome bonus.

And when they keep making deposits and placing bets on their favourite sports, including crypto football betting, basketball, table tennis, motorsports and more, they get an opportunity to enjoy lots of ongoing incentives.

It manages to offer sports betting services in partnership with 1xBet sportsbook. 888Starz is a unique crypto betting site as it allows players to use cryptocurrency tokens, popularly known as 888 tokens or 888Tron. Crypto betting revolution began with the 888Starz platform.

✔️ An impressive welcome bonus is available

✔️ A loyalty program is available for VIP club members

✔️ Customer support service available 24/7

⭕ A little bit difficult to navigate the website

⭕ Slot withdrawals

⭕ No mobile application

888starz offers a number of bonuses to its players. Replaying the bonuses is not easy either, the bets require a bit of luck but it is possible to replay the bonuses. However, if you don’t, you can repeat the deposit and get a second chance. There are also different bonuses available on different days.

888Starz features an average betting margin of 97%, as it offers 95% on Tennis, 98% on the UEFA Champions League, NBA and NHL, and 96% on Euroleague Basketball.

888Starz Other Information

888Starz Accepted Cryptocurrencies

There are two main processes that take place with TrueUSD, namely, the buying and redeeming of TUSD coins. 

To make this work, TrustToken is partnered with a number of trust companies that already handle billions of dollars. Users have to pass a KYC/AML verification procedure, and then they are able to send USD to a trust company and establish an escrow agreement.

After the funds have been verified, their API executed TrueUSD’s smart contract to deposit the amount of equivalent TUSD in the user’s Ethereum wallet.

The redeeming process also involves a KYC/AML check, which executes the smart contract from the registered Ethereum address that removes and burns the coins from the wallet, after which the escrow bank deposits the USD in your bank account. 

By using multiple escrow accounts, the TrueUSD system reduces counterparty risk and is not able to directly access the funds. The trust companies handle the incoming and outcoming capital from users through escrow accounts.

All TrueUSD coins are always fully collateralized by USD, at a 1:1 parity between the TUSD in circulation and the USD held in the escrows.

TUSD was the first stablecoin launched on the Ethereum blockchain. The coin makes use of an escrow system, which consists of several accounts in order to prevent any fund misappropriations from the trust companies that manage the reserves.

TrustToken has been licensed to operate in the U.S., with TUSD being the first regulated stablecoin to be issued in the U.S.

A notable benefit of TUSD is its security. TrustToken’s smart contracts have been independently audited three times by different companies, with no issues to be reported. But TrustToken cannot directly access the user funds that are kept in reserve, as the money is held in an independent escrow account.

The downside is that users looking to buy or redeem TUSD from TrustToken have to go through a Know Your Customer (KYC) and Anti-Money Laundering (AML) procedure and provide personal documents. The coin is also completely centralized, which also raises some concerns regarding how it is controlled.

TUSD can be used to bet just like any other crypto on sports betting sites. From the ERC-20 compatible TrueUSD wallet in which you have stored your stablecoins, you can initiate a deposit to move the coins to your betting balance. You will have to put as the recipient address the one stipulated by the betting on their site.

In order to withdraw, provide your external address where you want your betting earnings to be moved and wait for the bookmaker to confirm your withdrawal request. The transactions are executed over the Ethereum network from public address to public address.

There are probably under a dozen betting sites that support TUSD as a payment option. The most common places where you will find TrueUSD listed is most likely on crypto-only bookies where there aren’t any fiat options.

Regarding regulations and transparency, TUSD is verified and backed by security firms and authorities. Moreover, TrueUSD is much better viewed in the crypto community than for sports betting used Tether, which is plagued with much doubt and controversy.

It is worth mentioning that TUSD is completely centralized crypto, which means that if TrustToken believes you have broken their terms and conditions or any laws or regulations, they could freeze your account or even confiscate your tokens.

For example, if you opt to play online with TUSD in a jurisdiction where it is illegal to bet online with cryptos, then the company behind TUSD is able to track and see where the coin has been used and block the funds in your TUSD wallet.

But suppose you are playing in a country where crypto sports betting is either in a grey area or allowed, there should be no problems betting with TrueUSD. Most crypto sites implement a provably fair policy as a mechanism for generating randomness of game results.

TUSD can be bought on TUSD exchanges, including Binance, Bittrex, HitBTC, Gate.io, OKEx, Bithumb, our reviewed Huobi and many others.

As it is based on the ERC20 protocol, there are plenty of wallets that support the coin. TrueUSD is traded against big and small capped coins, with a propensity for BTC, ETH, and USDT pairs.

Even though there are not many fiat options, 8 exchanges support the conversion of TUSD into USD, namely Bitfinex, Bittrex, Exrates, Sistemkoin, AlterDice, Crex24, COSS, and OKCoin. There is only one KRW pair on Cashierest.

You will need first to create an account on an TUSD exchange that supports your desired pair (tusd to btc, tusd to eth and etc).

Then, you will have to pass a KYC procedure, whether you buy the TUSD from TrustToken’s website or other platforms. Transfer how much cryptos you want to use for buying the coins and confirm your buy order. You will then have to wait for the coins to be deposited into your True USD wallet.

TUSD is a reliable coin to use if you want to store your funds into a TrueUSD crypto that has the least amount of fluctuation (as its value is tied to that of the US dollar), but as a payment option for online sportsbooks, it is not recommended because there are very few places in which you will be able to use the coin.