Tether Betting Sites

Tether (USDT) is the most popular stablecoin currently available in crypto markets. Generally, cryptocurrencies that are designed in a way to maintain a steady market value, are called stablecoins. More specifically USDT has a stable value of one dollar ($1). It is pretty much a key tool for crypto traders, as they are able to safeguard their cryptocurrency capital without the need to cash out into a FIAT currency. However, traders are not the only ones that can benefit from Tether.

Tether betting sites are a common sight nowadays. Like most brands that facilitate crypto gambling, sportsbooks that allow you to bet with tether help you stay under the radar with the additional benefit of no volatility risks.

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Which are the Perks of Tether Betting

Strict bankroll management is one of the most important traits of keen bettors. Cryptocurrencies often pose several difficulties in this sector due to their volatile nature. This is why Tether betting is an extremely lucrative option. It combines the flexibility of cryptos coupled with the stability of FIAT currencies.

Apart from that, bookies that let you bet with USDT have also other pros, such as exclusive crypto bonuses, high payouts and multiple markets. See below our top picks:

Bookmaker
Rating
USDT Wallet
Highlights
% Percentage
Amount
#1
Cryptoleo Review
4.2/5
star star star star star
Deposit Bonus
USDT logo
check-icon
10+ Coins
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High Limits
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Multiple Crypto Networks
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Buy Crypto With Card
100% Bonus Up To2,500 USDT
#2
Jackbit Review
4.1/5
star star star star star
Freebet
USDT logo
check-icon
20+ Coins
check-icon
Over 50 Sports
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Up To 97%+ Odds
check-icon
Changelly & Moonpay
100% Bonus Up To€100

How to pick the best USDT Betting Site

There are certain parameters to keep in mind in order to find the most suitable sportsbook that allows you to bet with Tether. All crypto and Bitcoin sportsbooks may look perfect at first glance, but if you dig a bit deeper you may find many drawbacks. Let’s see what are the first things you will have to check before the first deposit:

Available Tether Networks

Some cryptocurrencies do not have a native blockchain network, they are tokens hosted on other ecosystems. Tether is such a case. As far as gambling transactions are concerned, there are three main networks that interest us. These are the Ethereum (ERC-20), Tron (TRC-20), and Bitcoin (OMNI) networks. A Tether betting site may offer all three of them, but it is rare.

The ERC-20 (Ethereum) method is the most common, but as of late it suffers from high transaction fees. This is why many players now consider the Tron ecosystem the best solution for the time being, as it boasts lightning-fast speed and very low fees. The OMNI network was Tether’s first network and it is arguably the most reliable one, but its relatively slow speed does not make it the best option.

So, the first thing you will have to check when choosing a Tether sportsbook, is what networks it supports and what suits you best.

Sportsbook Product

For many bettors, the available payment methods of a bookmaker are just a secondary concern. The thing that matters most is the sportsbook product itself. Inspect the features of a USDT betting site, and look if it has essential tools like cash out, live-streaming and bet builder. Moreover, see if the available markets both in the pre-game and in-play sections are up to your standards.

Suitable Terms and Conditions

Sadly, reading the infinite lines of text that consist the terms and conditions of a brand is of the uttermost importance. The fine prints hide all the useful information about KYC documentation, withdrawal procedures, bonus rules, wagering, minimum and maximum bets. Additionally, always try and find out what license the sportsbook holds, as well as who are the key people behind the brand. Diligent research will help you avoid unpleasant surprises.

RATING
4.3/5
star star star star star
BC.Game Logo
YEAR EST
2020
120% Bonus up to $20,000
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Crypto Bonuses
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Soft KYC
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Low Exchange Fees
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Buy Crypto With Fiat
exclusive bonus
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Tether sportsbooks with in-game wallets

Bookmaker
Rating
Crypto Wallets
Highlights
% Percentage
Amount
#1
Cryptoleo
4.2/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
10+ Coins
check-icon
High Limits
check-icon
Multiple Crypto Networks
check-icon
Buy Crypto With Card
100% Bonus Up To2,500 USDT
#2
Jackbit
4.1/5
star star star star star
Freebet
Bitcoin logo
Ethereum logo
USDT logo
check-icon
20+ Coins
check-icon
Over 50 Sports
check-icon
Up To 97%+ Odds
check-icon
Changelly & Moonpay
100% Bonus Up To€100
Jackbit Logo
Sportsbook
Jackbit
4.1/5
star star star star star
ODDS
94.07%
check-icon
20+ Coins
check-icon
Over 50 Sports
check-icon
Up to 97%+ Odds
check-icon
Changelly & Moonpay
Asian View Asian View
Bet Builder Bet Builder
Cash out Full Cash out Full
100% Bonus Up To €100

Kick-off your Tether Betting

In order to start your action in Tether betting sites, you will have to buy USDT tokens from a crypto exchange. You can easily do that in major companies like Bitfinex, Kraken and Binance. Tether is the stablecoin that holds the most trading pairs, so you will be able to exchange it with many cryptocurrencies and FIAT currencies.

Remember, never proceed to direct fund transfers between crypto gambling sites and exchanges. Crypto exchanges want to avoid possible legal troubles, so they mark gambling operators as high-risk addresses. Always use your personal wallet in-between. Also, always double-check the network you will transact on, as many crypto users have lost funds by choosing the wrong blockchain.

So, after buying USDT, transfer the amount to your personal Tether wallet. Exodus and Coinomi are two safe picks, but there are many other legitimate options. Make sure that they support the network you are interested in. The last step is the actual deposit. Go to the bookie’s cashier, choose a Tether option, and write the address that will appear on your wallet’s send tab. That’s it, after a few minutes your deposit will go through and you will be good to go! If you are a crypto newbie make sure to check our detailed crypto gambling guides, so you can be 100% sure that no mistakes will occur.

 

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Should you bet with USDT

Tether’s stable price of $1 makes it one of the most convenient cryptocurrencies for transactions. Sure, you will not be able to double gamble, but you will easily maintain a well-managed bankroll. Just keep in mind your local crypto regulation, as cryptocurrencies stand on gray ground in most countries. We generally recommend every bettor to open an account at a Tether Betting site, as the pros greatly surpass the cons.

Cryptoleo Logo
Sportsbook
Cryptoleo
4.2/5
star star star star star
ODDS
93.30%
check-icon
10+ Coins
check-icon
High Limits
check-icon
Multiple Crypto Networks
check-icon
Buy Crypto with Card
Bet Builder Bet Builder
Cash out Auto Cash out Auto
Cash out Full Cash out Full
100% Bonus Up To 2,500 USDT
FAQs

Tether transactions are reliable and safe within all the available networks. Nevertheless, like most crypto bookmakers, Tether bookies hold Curacao or Costa Rica licenses or even choose to stay independent. This means that you will have a hard time dealing with disputes, and there will be even a few dodgy bookmakers. Be very careful, and stick to our proven recommendations.

First of all, crypto legality and taxes depend mainly on the laws of your country of residence. Generally, they vary from country to country greatly, so make sure you inform yourself well. Nonetheless, Tether’s record is not fully clear. Tether Limited, the company that issues the tokens has been in a few legal disputes, and there are many claims that they do not operate in a legitimate way. Moreover, there is a never-ending stream of articles that predict Tether’s demise since 2017. The fact is that Tether is still the largest stablecoin around, and nobody has ever lost his Tether funds. This issue is quite controversial, so we recommend bettors to do their own research.

To put it simply, every single USDT token is backed by physical dollars. At least theoretically, as it seems that nowadays Tether’s reserves include loans receivables and securities.

USDT is the name for Tether tokens that are pegged to the value of the United States Dollar. Tether is the name of the company (Tether Limited) that issues them but it is also commonly used to refer to its USDT tokens.

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