Tether

Tether Betting sites

David Kane, Author at Bettingsite.cc

Written by:

David Kane,

Bookmakers reviewer

Last Updated: Aug 05, 2024

Cryptocurrencies have conquered the world of online betting faster than pretty much any other payment method! And although Bitcoin is by far the most popular option, it’s not necessarily the best one, with many complaining about its slow speeds and high volatility. This has led to the creation of multiple alternatives, including Tether, a crypto tied directly to the US dollar. But is Tether truly the superior option when it comes to crypto deposits? Let’s take a deep dive into it and find out!

Website tether.to
Parent Company Tether Limited
Founded in 2014
Type Crypto currency
Popularity in betting sites Medium
Fees 5-10%
Deposit speed Instant
Withdrawal speed Fast

Top 10 Tether Betting Sites

Best choice

Welcome bonus

100% up to EUR 100

US Restricted

Advantages

  • EUR 100 Risk-Free Bet
  • 100% Bonus For Sports & Casino
  • Reputable Owner Company
  • Many payment options

SG

4.9/5

Welcome bonus

100% up to €100

US Restricted

Advantages

  • EUR 10 Table Tennis Freebet
  • Top-notch casino games
  • Reputable operator

Welcome bonus

100% up to €100

US Restricted

Advantages

  • Horse Racing
  • Sports Betting Welcome Offer
  • 30+ Betting Options

Welcome bonus

100% up to €250

US Restricted

Advantages

  • Loads of different bonuses and promotions
  • Many obscure sports are present

Welcome bonus

200% up to EUR 450

US Restricted

Advantages

  • Many Casino games to explore
  • Sports Welcome Bonus 200% up to EUR 450
  • 50+ sports to bet on
  • Excellent tournaments and special events

Welcome bonus

100% match up to €100

US Restricted

Advantages

  • Loads and loads of promotions
  • Many supported betting markets
  • Fantastic casino section

Welcome bonus

100% up to 100 EUR

US Restricted

Advantages

  • Extensive Sportsbook with competitive odds
  • Almost 10,000 casino games
  • Nearly 20 bonuses
  • 5-tier VIP program

Welcome bonus

100% up to 100 EUR

US Restricted

Advantages

  • Good sports section with nearly 30 sports
  • Over 5 sports bonuses to enjoy
  • Thousands of slots for casino lovers
  • Additional incentives and extra events for more fun boosts

Welcome bonus

100% Match up to €100

US Restricted

Advantages

  • Good selection of sports betting offers
  • Intuitive user interface

Welcome bonus

100% up to 100€ welcome bonus!

US Accepted

Advantages

  • Lots of available sports
  • Great variety of payment methods

Best Tether Betting Sites/Bookmakers

Unfortunately, a side effect of Tether being less popular than Bitcoin is that a lot of online betting sites that accept the latter won’t accept the former – which can lead to headaches when you’re trying to find Tether bookmakers. No worries, we’re here to help! Let’s take a look at a handful of Tether betting sites which we can personally recommend:

JustCasino.io

JustCasino.io Sport SectionJustCasino is what’s known as a “crypto casino”, meaning that it exclusively accepts crypto currencies – you can’t deposit there via any fiat currencies (like dollars or euro), just with cryptos like Tether. Founded in 2023, the site has gained a lot of popularity in a relatively short amount of time, in no small part thanks to the wide selection of gambling activities it offers. Make no mistake: despite its name, JustCasino.io also has a sports betting section, and a pretty great one at that, filled to the brim with various sports and betting markets!

B7 Casino Review

B7

Yet another casino which isn’t exclusively a casino, but rather a site that includes a substantial sports betting element! B7 was founded in 2023 by Manila Marketing (get used to a lot of Tether bookies being relatively new), and it sports an absolutely gigantic selection of games, well over 6,000 and counting! What’s more, the site is licensed and regulated by Kahnawake, which makes it a great choice for Canadian players who wish to make a deposit with Tether!

BC.Game

BC.Game Sport SectionBreaking our chain of relatively new bookmakers, here we’ve got BC.Game – arguably the oldest Tether betting site, having been founded in the year of our Lord 2017. Much like JustCasino.io, this is yet another crypto site which won’t accept any traditional currencies. Unlike that site (and many other contemporaries), though, it accepts literally hundreds upon hundreds of different cryptos – meaning you aren’t locked into Tether if you make a deposit with it, but decide you don’t like it. The alternatives are, for all intents and purposes, endless!

Quickwin

Quickwin sports sectionThis is one of our more ‘mainstream’ recommendations, as it’s generally geared more towards your average gambler rather than someone who is exclusively interested in Tether deposits. Instead of a “crypto bookmaker”, it’s more or less “a bookie that happens to accept a bunch of different currencies, including crypto”. First launching in 2023 by big-name casino company Rabidi, Quickwin boasts a wide array of bonuses (both welcome and reload), as well as a number of crypto games readily accessible to those of you who decide to take the plunge and deposit via an alt coin.

VoltSlot

VoltSlot Sport SectionNo, this isn’t that robot made out of a few smaller robot lions – instead, it’s a crypto site founded in 2023 (there’s that date again) by Fair Game GP. And they could not have chosen a better name for their company because VoltSlot sports an excellent reputation among players for being highly reliable! Players have also pointed to the diverse selection of bonuses, as well as the wide range of casino games. But there’s a catch: the sports betting section seems to only be available in very few territories, which means you need a lot of luck to be able to bet here at all!

20Bet

20bet Casino ReviewLast, but by no means least, we have 20Bet, a site founded in… 2020?! Yes, believe it or not, this bookmaker by TechSolutions is slightly older compared to most betting sites that accept Tether, which is always great to see! Unlike VoltSlot and its elusive sports section, 20Bet is extremely accessible and playable in a majority of countries – and the good news is that, due to crypto having no regional restrictions, anyone from a supported country can use Tether to make their deposit and enjoy the myriad of bonuses offered here!

What is Tether and why is popular at online bookmakers?

Tether is a cryptocurrency – but before we can explain further, it might be best to talk a bit about what a cryptocurrency is. You see, most currencies in the world are tied directly to specific banks and institutions – the US dollar is tied to the Federal Reserve, the Euro is tied to the European Central Bank, and so on. This means that most cryptos aren’t regulated at all, meaning their value is solely dependent on how much people are willing to pay for them. If a ton of people are buying, and not many are selling (in other words, demand is high, supply is low), then the price will skyrocket. That’s precisely why we’ve gone from 100 Bitcoin being just enough for a few pizzas to 1 Bitcoin being worth tens of thousands of dollars.

While this is good for short-term gains and investments, it’s not very healthy for the life of a currency – that’s why all fiat currencies are very closely monitored, and often tied to real-world things (like the value of gold) to make sure their price won’t skyrocket. But while fiat currencies have this advantage, crypto currencies have others, like unregulated, global access. Literally nobody can stop you from buying or selling things using Bitcoin no matter where you live – it’s about as free as a currency can ever get!

So, what if we could have the best of both worlds? What if we could have the freedom and privacy that crypto currencies offer, but without the volatility that is inherent to their design? Well, that’s precisely what Tether does! As its name suggests, Tether is, well, tethered to the value of the US dollar – when that decreases or increases, so does the value of Tether as a currency. This makes Tether one of the most stable cryptos out there, all without sacrificing the many advantages that crypto currencies offer over their fiat counterparts.

Ups & Downs of using Tether for online betting.

PROS:

  • Low Volatility – Bitcoin is extremely volatile. If you win €500 worth of BTC, that might actually end up being just €400, or rise up to €600, all in the time it takes you to withdraw it! And while some people may prefer this extra level of gambling, others might want something a little more stable. Tether provides that experience – although its value does fluctuate, it’s not anywhere near as extreme as other cryptos.
  • Privacy – A huge advantage of not just Tether, but all cryptos, is the fact that these transactions are completely private. Your bank only ever needs to know that you bought crypto – they don’t ever need to learn that you used them for casino gambling. If anything, you could always just say it’s an investment! Sadly, this type of privacy concern is necessary when many banks around the world will lower players’ credit scores if they deposit at an online bookmaker.
  • Speed – One clear advantage that Tether has over Bitcoin in particular is that it’s quite fast. In fact, it’s one of the faster ‘mainstream’ cryptos out there, right alongside something like Litecoin or Ethereum. While Bitcoin can take up to several hours to fully process a transaction, with Tether this process is almost instant, leading to significantly faster withdrawal speeds.

CONS:

  • Centralization – A huge advantage of most crypto coins is the fact that they’re decentralized – which means that, rather than being controlled by a single entity, they’re processed by a network of computers around the world. This isn’t the case with Tether, which, due to its very nature, is centralized and controlled by a company, undoubtedly losing some of the appeal for many players.
  • Lack of Appreciation – Ironically enough, one of the biggest advantages of Tether is also one of its biggest drawbacks. Although Tether is highly unlikely to dramatically drop down in value over time, it is equally unlikely to increase, which means you can’t treat Tether as some kind of investment. Unless the value of the dollar also changes drastically, the value of Tether should remain the same no matter how much time passes.

Tether betting sites by sports

Football betting

Football bettingCome on, admit it – you came here specifically to hear us talk about betting on football with Tether, didn’t you? After all, football is one of the most popular sports out there, and betting on it is arguably the single most commonly adopted gambling activity. It’s no wonder that a lot of people would flock to a new and convenient payment method like Tether whenever a new major event begins, like the Premier League or Bundesliga! If anything, crypto’s international nature helps connect football fans around the world far more than ever before!

 

Tennis betting

Tennis BettingTennis may not be as popular as football, but make no mistake – its matches (and betting on them) can be just as exhilarating! Whether you’re betting on the WTA, ATF, or another big or small tournament, there’s nothing quite like seeing two athletes match skills one-on-one. Not to mention, the structure of each match gives players plenty of opportunity to bet on various aspects (betting markets), which is something that a payment method like Tether lends itself to quite nicely!

Esports betting

EsportsTether is an electronic currency, so really, what better thing to gamble on with it than esports? Okay, okay, we might be finding connections where there are none, but come on! Esports betting has absolutely blown up in the last few years, especially in crypto casinos! Big tournaments like Dota 2’s The International and Counter-Strike’s ESL Pro bring thousands upon thousands of gamblers in front of their screens, watching e-athletes at their very peak while also placing bets in real time with live betting. Although there’s no rule saying you have to bet on esports with Tether, it sure brings things full-circle in a way, doesn’t it?

Horse Racing betting

Horse racing bettingHorse racing’s popularity has surprisingly dropped in recent years, replaced by many other gambling pastimes like football and esports. But make no mistake: just because horse racing is a little down doesn’t mean it’s out, not by a long shot! In fact, many sports betting sites are now offering players the chance to stream the races live while they bet, and, as you can imagine, a lot of these places also offer punters the opportunity to place wagers using crypto! But regardless of whether you’re using Tether to bet on horse racing or a more traditional currency, chances are this sport isn’t leaving our lives any time soon!

Tether betting by type

New betting sites

New Betting SitesTether is a relatively new crypto (certainly a little younger than its big brother Bitcoin at least), which means that it’s only just now seeing global recognition among online betting sites. Don’t believe us? Well, then check out these bookmakers that accept Tether which all opened their doors very recently:

Crypto Betting Sites

Crypto Betting SitesAlthough most sites that accept Tether will also take a wide variety of other currencies, playing at a ‘crypto casino’ (or a crypto betting site if you prefer, even if few use that term) may feel more natural to a lot of punters. If you feel that way too, then don’t worry, we’re here to give you a few examples of crypto-only betting sites that accept Tether:

Betting Apps

Betting AppsBelieve it or not, we live in an era where most people do everything on their phones, to the point where many members of Gen Z can’t adequately use a computer! But hey, if that describes you, there’s no need to feel shame, it’s just where the world is headed! All you need to do is find yourself a few really decent betting sites which accept Tether, and also have really solid perofrmance on mobile! Wow, will you look at that, seems like we’ve stumbled upon a few!

How to bet with Tether?

1

Create a Tether Wallet

Your first step will be to create a crypto wallet specifically for Tether which will then be used to hold your coins – a different wallet (like for Bitcoin) will not work! If you’re using a third party site to set up your wallet, be sure it’s one you can trust and has a high user rating!

2

Buy Tether

With your wallet all set up, you’ll have to put a few coins in it! If you used a third party service for this, chances are that service will also let you purchase Tether using your credit card for a small fee. If not, you’ll need to find a seller.

3

Complete the Deposit Procedure

Take a look at our extensive list and pick a bookmaker that accepts Tether. After that, follow the steps to complete the deposit!

4

Place Your Bets

All done! Now all you need to do is go and bet on some matches! Keep in mind that (depending on the bookie you’ve chosen) it’s possible that your wagers will display in dollars or euro instead of Tether, this is normal!

Tether taxes

It’s a little difficult to discuss Tether’s taxes in an objective capacity because, much like with any other crypto, the fees that you’ll have to deal with when depositing or withdrawing via Tether will depend entirely on the site that you’re playing at. Tether itself has no taxes, it’s just a currency – might as well ask “what are the fees for depositing in euro?” Instead, the right question to ask is “what are the fees for the bookmaker in question, as well as the service you’re using to buy and sell tether, if any?”

Most online bookies will not charge a fee for deposits and withdrawals with Tether, as they don’t really pay anything when initiating that type of transaction. However, that Tether you’d get from a withdrawal is useless unless sold, in most of the world you can’t use it to buy groceries or pay your bills. As such, you’ll need to use a third-party marketplace where you can sell it, and that can get pretty pricey. A lot of sites will charge you a reasonable and low percentage (under 5%), but some can get as high as 10%. As such, we recommend that you do your research and pick a marketplace with low, user-friendly taxes!

Tether global coverage

One of the biggest advantages of Tether, and of crypto coins as a whole, is that they aren’t limited by… well, anything! Where other financial institutions need to comply with regulations, local and international legislature, sanctions, etc, crypto doesn’t abide by any of these rules. You could use Tether to send cash to someone in North Korea! We wouldn’t recommend it, of course (their online bookmakers are terrible, as Kim-Jong Un always wins the basketball matches), but technically, you can do it.

This means that as long as the bookie you’ve chosen accepts Tether, as well as players from your country, chances are practically 100% that you’d be able to use Tether to deposit. In fact, we’ve seen bookies that don’t accept any payment methods for players in certain countries except for crypto, including Tether! It truly is a global way to pay, without borders or restrictions.

New bookmakers accepting Tether

New Betting SitesWe’ve recommended quite a few betting sites that accept Tether over the course of this comprehensive overview, wouldn’t you say? However, new sites keep popping up all the time, at a rate that no mere human could ever hope to achieve! So, why try? After a brief consideration, we’ve decided to give up this real estate to our machine overlords for your benefit! The list below will automatically update with the latest and greatest Tether bookmakers straight as we review them!

Recently reviewed Tether betting sites
Casino name Rating Bonus License Launched Min Deposit Min Withdrawal
MidasLuck 4.1 Up to EUR 100 N/A 2024 €10 €10
Tip-Top 3.9 100% up to €750 Costa Rica 2024 €20 €20
KokoBet 3.9 100% Up to EUR 500 Curacao 2024 €20 €40
IgoBet 4.0 Up to EUR 150 + 75 Free Spins Costa Rica 2024 €20 €20
AtoBet 3.9 100% up to €100 N/A 2024 €10 €10
SupaBet 4.0 100% up to €100 Curacao 2024 €10 €10
CryptoRoyal Casino 3.8 Yet to be revealed N/A 2024
WinMega 3.8 100% Up to €100 N/A 2024 €10 €10
Beteum 4.0 100% up to €100 Curacao 2024 €10 €10
1Red 4.0 100% up to EUR 450 Costa Rica 2024 €20 €30

Frequently Asked Questions

Yes, it is. Tether transactions are very safe and completely anonymous, and there is no chance of your account getting compromised from a simple Tether transaction.

Not quite as many as we would hope! However, Tether is still very commonly found in sites that accept crypto in general, as it’s one of the most popular alt currencies.

Most sites will not charge you a fee for withdrawing via Tether. However, selling your coins via a third-party marketplace will certainly incur a fee of its own.

That will depend on the bookmaker you’re using. Some will not let you do it at all – you deposit with Tether, you withdraw with Tether, end of story. Others will let you mix and match different crypto currencies, so for example, depositing in Tether and withdrawing in Ethereum. Others still might give you no restrictions on what methods you can use and how – but in our experience, those are rare.

Unfortunately, the answer is “no”. When it comes to Tether (and cryptocurrency in general), all transactions are final and there is no system in place that can issue a refund even if the creators of Tether wanted you to receive one. That’s why you need to be extra diligent when researching any sites that you plan to play at, as there is no going back if your Tether ends up stolen.

Bottom line

When it comes to crypto bookmakers, Tether is undoubtedly a fantastic option, and one that should satisfy a great number of players! Its speed is on par with many of the fastest coins out there, and on top of that, the fact that its value is tied directly to the US dollar ensures that you’ll never find yourself in a situation where you’re withdrawing significantly less than what you won. Overall, it’s a stable, solid choice for crypto – no wonder so many players are picking it!

With that said, Tether isn’t perfect, and it has distinct disadvantages over other currencies. It’s not as fast as something like Litecoin (even if we’re talking about seconds here, possibly even less), and the fact that it’s “tethered” to the US dollar means its price can’t skyrocket the way Bitcoin’s has, either. And in the unlikely (yet still possible, especially given how things are going) event that the dollar crashes and burns, Tether goes down with it. It’s inevitable. The two currencies are intrinsically linked.

If even after all that you feel like the pros outweigh the cons, then you’re probably right. As stated, Tether is a solid currency, and you could do a lot worse than pick it for your deposit!

David Kane, Author at Bettingsite.cc

Bookmakers reviewer

David Kane

Expert opinion

David Kane is an expert content editor at BettingSite.cc, known for his detailed reviews of the newest bookmakers. His in-depth analyses and clear advice benefit both new and seasoned bettors, enhancing their betting experiences with reliable information.