The Theta Network runs on the THETA token, which is the native token of the ecosystem. Whilst it is mainly used within the THETA project, it has also become a valuable and fast cryptocurrency that many cryptocurrency roulette sites have adopted. Theta’s primary purpose is to decentralize video streaming and online streaming, which has resulted in several platforms integrating THETA into their casino features or creating THETA-based decentralized online casino sites.

Continue reading for a full guide on how to buy, deposit, and bet THETA on online roulette sites. 

Latest THETA Roulette Bonuses and Promotions

Cryptocurrency roulette sites that accept THETA are highly competitive, which means they offer a wide range of bonuses and promotions that are, in most cases, better or more attractive than traditional casino roulette sites. For example, most sites offer a variety of welcome bonuses, special promos, free spins, or, rarely, THETA no deposit bonuses.

When you choose a THETA roulette site, you’ll be offered bonuses and promotions that can include: 

  • Welcome bonuses: THETA roulette sites typically provide matched deposit bonuses, which apply a percentage to the first deposit made as a credited bonus. A 100% matched deposit bonus, for example, will provide $500 in bonus credit on the first deposit of $500
  • Cash bonuses: THETA roulette sites offer cash bonuses for various reasons, such as first deposit cash bonuses or as part of VIP rewards. Cash bonuses are normally available as a set amount, such as a $250 first THETA deposit cash bonus
  • Reload bonuses: These bonuses reward players for consecutive deposits, for making deposits in a specific cryptocurrency, or as part of promotional events. Most reload bonuses offer cash bonuses, free spins, or cash bonuses
  • Free spins: THETA roulette sites commonly offer free roulette spins for regular deposits or as part of welcome bonuses
  • THETA roulette bonuses: Some sites offer bonuses specifically for THETA, which can include promotions on specific tables or jackpots for landing specific results when wagering cryptocurrency

Using special promo codes or bonus codes can provide roulette players with far more generous bonuses than normal promos. The table at the top of this article provides a regularly updated list of any active promo codes for THETA roulette.

VIP programs are another way to get additional benefits for regular THETA roulette players. Signing up for a level-based or point-based VIP program can offer cash bonuses, free spins, or higher betting limits. 

Best THETA casino bonuses and promotions

How to Deposit Theta at Online Roulette Sites

Once you’ve purchased your THETA coins, you’ll need to deposit them on a roulette site to start betting. To do this, you’ll need to create a THETA transaction. THETA transactions work the same way as Bitcoin or Ethereum transactions, so there’s no need to collect complicated routing numbers or bank transfer details to make a deposit.

In 2022, players have several different deposit methods to choose from including:

  • Mastercard credit or debit card
  • Visa debit or credit card
  • Skrill
  • Neteller
  • PayPal
  • Other popular digital payment gateways

Your Theta wallet address is all you’ll need to deposit your THETA on a crypto roulette site. The site you sign up with will provide this address in the “wallet” or “account” section of the site. You’ll need to copy this address once you’ve located it, create a new withdrawal request from your exchange, and paste the address into the destination field. Once you click send, your THETA will be ready to play within less than 25 minutes in most cases.

Deposit Your THETA on a Roulette Site

How do Theta Roulette Site Withdrawals Work?

THETA withdrawals from roulette sites are just as simple as THETA deposits. However, when you’re ready to withdraw your THETA from a roulette site, you’ll need to request a new payout from the site and provide them with a wallet address in order to receive payment.

The type of wallet you send your THETA winnings to depends on how you’re planning on handling it. If you completed the “How to buy THETA” section of this guide and want to sell your Theta for cash or trade it for another crypto, you could withdraw your THETA to the same exchange wallet address you sent it from.

If you’re planning on storing your THETA to play roulette with later, it’s best not to leave it on a crypto roulette site or exchange. Instead, using a dedicated crypto wallet is generally considered a far more secure storage option.

How to Play Roulette With THETA

If you’ve played online roulette before, you’ll already be familiar with the basic functionality of cryptocurrency roulette sites that accept THETA as a banking method. Crypto roulette sites handle banking differently, but the user interface of both types of sites are the same — make a deposit, choose a roulette table or game, and start playing.

Once you’ve made your first deposit to a Theta roulette site, you’ll be able to choose a game or a table and start playing roulette with LINK. Most THETA roulette sites offer the same roulette variations as traditional sites, including:

  • Theta American roulette
  • Theta live roulette
  • Theta video roulette
  • Theta European roulette
  • Theta multi-ball roulette
  • Theta multi-wheel roulette

If you’ve never played roulette with cryptocurrency before, you may find that the site you sign up for calculates bets differently. Some crypto roulette sites and casinos calculate bets in crypto, such as mBTC, which is equal to one-thousandth of a Bitcoin, rather than use USD or other fiat currencies in betting. 

Using Theta to Play Roulette Online: What You Need to Know

THETA is an altcoin and is not as widely accepted as Bitcoin or Ethereum. Still, the roulette sites and casinos that accept it are typically safe, secure, reliable, and offer competitive bonuses and VIP programs. Once you’ve completed the steps in this article, you’ll be ready to start playing roulette with THETA.

play live dealer roulette with Theta

While THETA transactions are relatively simple, it’s important to remain aware of a few key differences between fiat currency roulette and cryptocurrency roulette. The following best practices will ensure your details and cryptocurrency remains safe when you bet with THETA:

  • Anonymity: THETA is not an anonymous cryptocurrency. If you create an account on a cryptocurrency exchange and complete the ID verification process, the THETA transactions you send from that account are traceable to your wallet
  • Security: THETA transactions are irreversible, so it’s important only to deposit and play roulette on recommended sites with positive reputations. Always follow crypto security best practices, such as enabling two-factor authentication (2FA) on exchanges that provide it
  • KYC requirements: While it’s possible to find sites that offer KYC-free roulette or anonymous crypto roulette, many sites may require players that make large withdrawal requests to provide Know Your Customer (KYC) identity information.

Frequently Asked Questions:

Q: Are Theta Roulette sites safe?

A: Sites that accept THETA as a deposit or withdrawal method for online roulette are ranked on safety similarly to traditional sites. Coin Clarity curates a regularly updated list of the safest THETA roulette sites and casinos online at the top of this article. 

Q: Is there a minimum deposit for Theta Roulette sites?

A: Cryptocurrency casinos and roulette sites normally don’t set any minimum deposit, allowing users to deposit as little THETA as they like. Deposit limits can reach as high as $5,000 to $10,00 for a single deposit. However, a site that offers welcome bonuses or deposit bonuses may set a minimum deposit limit of between $10 and $50.

Choosing the Best THETA Roulette Site

To bet THETA on roulette, you’ll need to choose a cryptocurrency roulette site. Different roulette sites offer different features and promotions, so carefully assess the variety of different factors to make sure that the site you sign up for meets your preferences.

If you prefer to play roulette from your mobile phone, you’ll need to make sure the site you want to play on is smartphone compatible. Other examples of factors to keep in mind include the payout speed of a site, its reputation, deposit and withdrawal limits, and whether the site offers live roulette with THETA.

Check the following features before you sign up for a THETA roulette site and make a deposit:

  • Payout speed: It’s important to only play on crypto roulette sites that offer instant or same-day withdrawals. The table at the top of this article lists the THETA roulette sites that payout the fastest
  • Player support: The best and safest THETA roulette sites offer live chat, phone support, or exceptional email response times.
  • VIP programs: It’s worth checking to see whether the VIP program of a roulette site can offer you any additional benefits.
  • Promotions and bonuses: Crypto roulette bonuses are bigger and better than fiat roulette bonuses. Compare bonuses from a few sites and check for promo or bonus codes.
  • Smartphone compatibility: If you want to play THETA roulette from your phone, you’ll need a crypto roulette site that offers a dedicated mobile app or mobile web version

How to Buy Theta in 2022

popular THETA blackjack casino games

Theta is a highly popular altcoin and is available on most major exchanges. Binance and KuCoin both list THETA making it easy to buy the coin directly or by exchanging cryptocurrencies such as Bitcoin or Ethereum.

It’s important to note that Binance US, the US-only version of Binance, doesn’t yet support THETA pairs. So if you reside in the US and are interested in buying Theta to play casino games online, it’s best to purchase Theta through an international exchange such as Huobi or KuCoin.

Key Takeaways

THETA is one of the fastest-growing altcoin cryptocurrencies online and has demonstrated a significant increase in price since its launch. As a widely available and popular cryptocurrency, players can use THETA as a deposit or withdrawal method on many different cryptocurrency roulette sites. Theta functions as a fast, low transaction cost alternative to Bitcoin or other slower cryptocurrencies.

Using THETA to play roulette provides players with access to higher betting limits, higher withdrawal limits, higher deposit limits, and much faster withdrawals. Most importantly, THETA removes intermediaries from the banking process, allowing roulette players to retain full control over their bankroll. If you’re looking for an efficient, fast alternative to Bitcoin or Ethereum for online roulette, THETA is one of the best options available.