Best Tether Betting Sites

What is Tether (USDT)

Tether, also known as USDT, is a stablecoin created in 2014 by Craig Sellars, Brock Pierce, and Reeve Collins. Unlike other digital currencies that are volatile, the value of Tether tokens is pegged to a stable asset like the US dollar or another fiat currency. What this means is that the value of the Tether token is equal to the value of its peg.

So, if the Tether Token is pegged to the US dollar, then the value of 1 Tether is equal to $1, regardless of market conditions. According to Tether, its stability is derived from its currency reserves. The company claims to hold assets or dollars equal to the amount of Tether tokens in circulation. This means that if there is 1 billion USDT in circulation, the company has $1 billion in reserves.

One unique thing about Tether is that it lacks a dedicated blockchain. Instead, Tether tokens exist as digital tokens in third-party blockchains such as Ethereum, Cosmos, Avalanche, and Algorand. Tether only issues new tokens when customers purchase them. Tether tokens are also removed when users convert them to fiat currencies.

How to Choose the Best Tether Sportsbook

Choosing a reputable crypto betting site is crucial for both novice and experienced bettors. The right sportsbook not only guarantees safe and fast transactions but also ensures valuable bonuses and a variety of betting options. Below are the six key features to consider when choosing the right sportsbook with USDT:

Payment Speed

Fast deposits and withdrawals are vital for an enjoyable betting experience. While Tether payments are processed instantly, some betting sites have their own processing timeframes, which could be hours or days. To this end, you should ensure that the sportsbook processes your payments as soon as possible. Ideally, the fast payout sportsbook should process Tether withdrawals instantly.

Payment Security

The high level of safety and security ensures that players' funds are always protected from online fraudsters. Make sure the sportsbook you join employs advanced security measures to protect financial transactions. For example, a sportsbook with the latest 128-bit and 256-bit SSL technology is a big plus.

Banking Fees

Low processing fees ensure that bettors keep more of their funds. Ensure that the USDT betting site charges zero or little processing fees for both deposits and withdrawals. But don't forget there are Tether processing fees that vary depending on the blockchain network.

Withdrawal Limits

The best Tether sports betting sites should set withdrawal limits that are friendly to both high and low rollers. A low withdrawal limit means that you can make a small bet and withdraw the small winnings. On the other, a high withdrawal limit means that high rollers can win big and withdraw their USDT without any limitations.

Tether Betting Bonuses

Bonuses and promotions are crucial for enhancing your overall betting experience. A welcome bonus, for example, provides you with extra funds to start your betting adventure on the right foot. On the other hand, regular offers such as reload and cashback bonuses boost your wagering bankroll, helping you to keep rolling with free money.

Variety of Sports

A range of sports and betting markets ensures that you have a variety of betting options. Therefore, you should prioritize sportsbooks that cover popular sports and e-sports from all over the world. Moreover, check the betting odds for various markets to ensure they are competitive.

How to Bet with Tether

Besides offering fast, safe, anonymous, and low-cost transactions, Tether's appeal also lies in its simplicity. If you have used any other crypto before, you won't have challenges using Tether on online betting sites. Here are the steps to follow to start your Tether betting adventure:

Step 1: Purchase Tether

Tether coins are readily available on cryptocurrency exchange sites. You can buy from well-known exchanges such as Crypto.com, Coinbase, and Binance. But before you make a purchase, you will need to register with the crypto exchange. Most platforms will request you to submit details like name, email, and passport/government-issued ID.

Once your crypto exchange account is ready, you can fund it via credit/debit cards, bank transfers, or e-wallets. After that, go to the purchase page and enter the amount of USDT tokens you want. You can leave your Tether tokens on the crypto exchange platform or transfer them to your preferred crypto wallet.

Step 2: Sign Up with a Tether Betting Site

We have done the heavy lifting for you by finding the best betting sites that support Tether. Select the betting site you want from our list and create a betting account using these steps:

1. Visit the bookmaker's homepage using our link.
2. On the homepage, find the “Register” button and click on it. After that, enter details such as name, email address, date of birth, and phone number in the registration form.
3. Confirm that you are of legal age to gamble. You will also accept the privacy policy and terms and conditions.
4. Verify your email address/phone number and make the first deposit.

Step 3: Deposit Tether Funds

To make the first Tether deposit, head to the deposit page, click on the deposit button, and select Tether as a deposit method. After that, copy the receiver's address. Ensure you copy the correct receiver's address. Funds sent to the incorrect address will be lost.

In your crypto wallet account, copy and paste the receiver’s address. You will also need to enter the amount of USDT tokens you want to transfer. The last step is to authorize the transaction and wait for Tether tokens to be credited to your betting account.

Step 4: Place Your Bets

You can place the first Tether bet by visiting the sportsbook section and selecting the sport and the market you want to bet on. For example, you can choose a sport like basketball and betting markets, such as match winners, totals, and correct scores. After selecting a betting market, enter the bet amount and click on the "Place Bet" button.

Step 5: Withdraw Your Winnings

If you win some USDT tokens, you can withdraw them by visiting the cashier section and choosing Tether as a payment method. After that, copy the Tether address where you want to receive your funds. Similar to deposits, you must copy the correct Tether address. You stand to lose your funds if you copy the incorrect address. Tether withdrawals are instant but may take longer due to the sportsbook's processing timeframe.

Advantages of Tether Betting

From low volatility to fast transactions and enhanced privacy, Tether offers a wide range of benefits to sports bettors. Here are five reasons why you should bet with USDT:

Low Volatility

Tether is a stablecoin. In other words, USDT is pegged to a stable fiat currency such as the US dollar, and its value is equal to that of its peg. If you have 1 USDT, it will always be equal to $1. This is an advantage to crypto sports bettors as they don't have to worry about price fluctuations associated with most cryptocurrencies.

Fast Transactions

While USDT sports betting sites have their own processing timeframes, Tether payments are typically instant. In fact, the transaction speed is even better when you use a faster blockchain network such as Avalanche and Cosmos. Avalanche and Cosmos process up to 4500 and 10,000 transactions per second, respectively.

Low Processing Fees

Tether transaction fees depend on the blockchain network you use. Fortunately, its digital tokens exist in blockchain networks with some of the lowest processing fees. Tron network, for instance, charges as low as $0.000005 per transaction.

Enhanced Privacy and Anonymity

Tether provides online sports bettors with the highest level of privacy and anonymity. In other words, tether transactions are not connected to your credit/debit card and bank details. This means your bank or any other payment provider won’t know the source of your funds.

High Level of Security

USDT tokens exist in blockchain networks that are decentralized. This means there are no third parties that interfere with your Tether transactions. Tether also uses smart contracts to validate transactions, adding another layer of security.

Key Features to Look for in Tether Betting Sites

Not every USDT sportsbook you will find is worth your time and money. When searching for the best site to join, it's important you consider key features that will enhance your online betting experience. You need to pay attention to features such as:

Bonuses and Promotions

Bonuses and promotions boost your wagering bankroll, allowing you to bet with free money. The first incentive you need to check is the welcome bonus, which can be a free bet, a no deposit bonus, or a match deposit bonus. Moreover, check if there are decent ongoing promos like high roller bonuses, reload bonuses, and referral bonuses.

Range of Sports and Games

Your overall betting experience highly depends on the available sports, betting markets, and odds. Ensure the Tether betting platform you want to join offers odds on some of the most popular sports and betting markets. Plus, compare the betting odds to make sure they are competitive.

Payment Speed and Fees

Every player's wish is to get their winnings as soon as possible. If you want quick payouts, you should join a Tether crypto betting site that offers fast withdrawals. The ideal withdrawal timeframe should be 0-24 hours. Additionally, check withdrawal processing fees to make sure they are the lowest.

Customer Support

Professional customer support service is vital for a seamless betting experience. Prioritize a USDT betting site that offers 24/7 customer support via live chat, email, and phone. Furthermore, check if the support team is available in multiple languages.

Licensing and Security

One way to eliminate scammers is to check the licensing information. Check if the betting site has licenses from trusted authorities such as the Malta Gaming Authority and Curacao eGaming Authority. Don't stop there; go ahead and check the security measures that the site has implemented to safeguard financial and personal data.

Tether Deposits and Withdrawals

Tether is not as complex as other digital currencies. If you are new to the crypto betting world, you won't experience difficulties when making fast, secure, and anonymous Tether transactions.

How to Deposit with Tether

1. Create a crypto wallet account: A Tether wallet will help you store your USDT tokens before transferring them to a USDT sports betting site. You can create one with trusted crypto wallets such as Exodus and Coinbase.
2. Buy USDT tokens: You can buy Tether tokens from trusted cryptocurrency exchanges such as crypto.com and Binance.
3. Log in to your betting account: If you have already registered a betting account, log in and select Tether as the deposit method in the cashier section.
4. Transfer funds: In the cashier section, copy the receiver's address. After that, log in to your Tether wallet, copy and paste the receiver's address, and enter the deposit amount. Don't make any mistake, as any incorrect receiver's address could lead to the loss of funds. The last step is to authorize the transaction and wait for UDT tokens to appear in your betting account.

How to Withdraw with Tether

1. Head to the withdrawal section and pick USDT as a withdrawal method.
2. Enter the amount you want to withdraw and copy your Tether wallet address.
3. Verify your betting account if the Tether sportsbook requests it.
4. Wait for your funds. Tether withdrawals are instant but may take longer due to network congestion or the sportsbook’s processing timeframe.

Tether VS Other Cryptocurrencies for Sports Betting

USDT may not be the most popular cryptocurrency, but it has unique features that make it stand out from the crowd. Let's see how it compares with other digital currencies regarding market volatility, transaction fees, transaction speed, and availability.

• Market volatility: USDT is a stablecoin whose value is pegged to a stable fiat currency like the US dollar. This is not the case with other cryptocurrencies, such as Bitcoin, Ethereum, and Dogecoin, which are highly volatile.
• Transaction speed: Third-party blockchains that host Tether's digital tokens are among the fastest in the crypto market. For example, Avalanche and Cosmos process up to 4500 and 10,000 transactions per second, respectively. Bitcoin and Litecoin only process 7 and 56 transactions per second, respectively.
• Transaction fees: While Tether’s processing fees depend on the network, they are among the lowest in the crypto market. For instance, if you use TRC-20, you can pay as low as $0.000005 per transaction. Bitcoin, on the other hand, may charge up to $0.9 per transaction.
• Security and privacy: Tether’s smart contracts and decentralized applications make it one of the safest and most anonymous cryptocurrencies.
• Availability and acceptance: Tether is the most traded cryptocurrency globally, beating big names such as Bitcoin and Ethereum. Statistics also show that Tether has over 300 million users globally.

Popular Sports to Bet on with Tether

The best Tether online sports betting sites offer a wide range of sports. From traditional sports such as Football and Basketball to modern e-sports games, the sportsbooks have something for every bettor. If you combine these diverse sports with Tether’s fast, secure, and low-cost transactions, you can be sure of enjoying a betting experience like no other. Here are the 5 popular sports you can bet on with Tether:

Football

With over 5 billion fans globally, Football is undoubtedly the most popular sport to bet on. Our featured Tether sportsbooks offer odds on major leagues like the English Premier League, Bundesliga, La Liga, and Serie A. The Football betting markets are also in plenty. From match winners, totals, double chance, odd/even, correct scores, and handicaps, there is a betting market for everyone.

Golf

Golf is another popular sport that draws millions of viewers globally. Our top recommendations cover the world's most popular Golf tournaments, such as The Masters, US Open, PGA Championship, and The Open Championship. When it comes to bet types, you can choose from tournament winners, head to heads, round scores, correct scores, and many more.

Basketball

Basketball is a fast-paced sport that will always keep you at the edge of your seat. From the NBA League to ABA League, MLB, and BBL, Basketball has something for every crypto bettor. You can place bets such as correct score, match winner, and totals.

Horse Racing

Horse Racing has also won the hearts of many crypto bettors thanks to its rich history. Be ready to try your luck on the world's most popular races, including the Belmont Stakes, Kentucky Derby, and Epsom Derby. You can place bets such as win bets, place bets, show bets, and exotic bets.

E-Sports

E-sport betting is the newest form of gambling that's perfect for the new generation of bettors. Our Tether e-sports betting sites cover all popular e-sports games and tournaments, including Call of Duty, League of Legends, Dota 2, Valorant, Fortnite, and Overwatch. The most popular e-sports markets include match winners, totals, map winners, and futures.

Tether Betting Bonuses

Sports betting sites with Tether offer competitive bonuses and promotions to attract new bettors and retain existing ones. The bonuses boost your wagering bankroll, allowing you to explore the platform with free money.

The most common bonuses you can claim on the best Tether sports betting sites include:

Match Deposit Bonuses

The most common bonus you can claim is the welcome bonus, which, in most cases, takes the form of a match bonus. As the name suggests, a match bonus matches your Tether deposit by a percentage. For instance, a 100% match deposit bonus would double your Tether deposit. If you deposit 100USDT, you will get an extra 100USDT.

No Deposit Bonuses

While a no deposit bonus is rare, it’s the most generous incentive you can expect from a USDT betting site. This betting offer doesn’t need any qualifying Tether deposit. The moment you register a betting account, you become eligible for the no deposit bonus. A no deposit bonus is a great incentive for budget players who don’t have funds to kick off their betting journey.

Free Bets

Tether sportsbooks dish out free bets regularly, allowing crypto bettors to place risk-free bets. A free bet is similar to a free spins bonus at crypto casinos. It allows you to place a bet without using your real balance.

Cashback Bonus

A cashback bonus keeps you in the game by returning part of your net losses. The net losses can be daily, weekly, or monthly. If a sportsbook offers a 10% monthly cashback bonus, it means that you will get 10% of your monthly net losses back.

High-Roller Bonuses

Sportsbooks that value high–stake bettors have special high-roller bonuses for their customers. Although these bonuses are more lucrative, they require a huge qualifying deposit. You may also need to place big bets to qualify for high-roller bonuses.

It’s important to note that most Tether betting bonuses have terms and conditions. Ensure you read bonus terms such as minimum deposits, expiry dates, wagering requirements, and eligible sports.

Expert Tips for Betting at Tether Sportsbooks

Tether betting is like any other form of gambling where no strategy guarantees 100% winnings. However, you can avoid huge losses with some tips, including:

Tip 1: Bankroll Management

Whether you are a professional or recreational bettor, you need to come up with a betting budget. It's important you decide how much you want to spend daily, weekly, or monthly on betting. That way, you won't lose more than you have budgeted.

Tip 2: Research Sports, Teams, and Leagues

Your chances of winning a bet highly depend on how much you know about certain sports, leagues, and teams. To make an informed bet, you first need to do research and get to know how a particular sport works. Fans of Football, for instance, need to know how different betting markets work and the different leagues to bet on.

Tip 3: Take Advantage of Tether Betting Bonuses

Tether sports betting sites have plenty of bonuses and promotions for all types of players. As a new member, check if there is a welcome bonus you can claim and start playing without committing your own money. If you are an existing player, visit the promotions page from time to time to take advantage of ongoing promos.

Tip 4: Diversify your Bets

The secret to winning a fortune in sports betting is to diversify bets. What we mean by this is that you shouldn’t focus on a single outcome. Instead, you should spread bets across different sports, betting markets, and teams. This strategy not only spreads your risks but also allows you to win big.

Tip 5: Stay Updated with the Latest in Sports

Knowing what is happening in the world of sports can significantly impact your betting decision. For instance, knowing which team has acquired some of the best players can help you place a winning bet. You can also know if a team is strong by checking players’ injuries.

Tip 6: Play Responsibly

Observing responsible gambling practices is vital for a safe and enjoyable betting experience. Make sure you set limits such as deposit limits, wager limits, and loss limits to avoid huge losses. Moreover, take a break or seek help if you think you are suffering from problem gambling.

Pros and Cons of Tether Betting

Tether presents a wide range of benefits to online sports bettors. Firstly, it's a stablecoin that lets sports bettors hold a huge amount of USDT tokens without worrying about price fluctuations. Secondly, Tether uses smart contracts and decentralized applications, allowing bettors to make secure and anonymous transactions. Thirdly, its digital tokens exist in third-party blockchains, which allow for some of the fastest and cheapest transactions.

Tether also has some drawbacks that you need to keep in mind. For example, Tether transactions are irreversible. This means that if you enter an incorrect receiver's address, you will lose funds. Tether is also not regulated by a central authority.

Pros:

• Low volatility
• Fast transactions
• Low processing fees
• Tether betting bonuses
• Secure and anonymous transactions

Cons:

• Tether transactions are irreversible
• Not regulated by a central authority

FAQs

Is Tether sports betting legal?

Yes, there are no laws that criminate sports betting with Tether. However, ensure you join a licensed and regulated Tether sports betting site.

Is Tether highly volatile?

No, Tether is a stablecoin, and its value is pegged to a stable fiat currency or asset. This means that price fluctuations don't affect its value.

Where can I get a legit Tether sportsbook?

The CryptoGamble team has already listed the top USDT sports betting sites. Pick the sportsbook you want and start betting with Tether in a safe and secure environment.

What sports can I bet on with Tether?

USDT can be used to bet on sports such as Football, Golf, Hockey, Basketball, Baseball, Horse Racing, and Tennis.

Are there any banking fees for using Tether for sports betting?

Yes, Tether has low processing fees that vary depending on the blockchain network you use.