Last updated on: September 2nd, 2022

Legal Tether Sportsbooks | Best USDT Sports Betting Sites

Tether is one of the best ways to move your money around on legal online sportsbooks. The fact that it is pegged to the dollar makes it a great way to get money in and out of sportsbook easily, and it serves as an excellent transactional method while qualifying you for legal Tether sportsbook bonuses that are only triggered by cryptocurrency users. It is legal to use sportsbooks that take Tether. These sportsbooks are located outside the US, but anyone in the US can still use them over the internet. There are no states that have laws banning the use of Tether, and very few states that have laws banning gambling on the individual level.

Tether Sportsbooks

Legal Sports Betting Takes That Take USDT

The top Tether sports betting sites fall into two categories. Category one is the sportsbooks that take Tether outright. These sportsbooks, such as BetOnline and SportsBetting, will not only accept Tether, but offer extra bonuses for using it. The second kind of sportsbook is really a one-book category: Bovada. Bovaada doesn’t take Tether, but you can use Tether to exchange to other cryptos to use there.

Rank Sportsbook Bonus Offer Play Now
1 Bovada Online Sportsbook 50% Up To $250 Read Review Visit Bovada!
2 BetOnline Online Sportsbook 50% New Member Bonus!Read Review Visit BetOnline!
3 MyBookie Online Sportsbook 50% Up To $1,000 Read Review Visit MyBookie!
4 Xbet Online Sportsbook 100% Up To $300Read Review Visit Xbet!
5 Sportsbetting Online Sportsbook 50% Up To $1,000 Read Review Visit SportsBetting!

#1

Bovada Sportsbook

Use Tether To Buy Other Crypto

Bovada does not take Tether but you can, however, use Tether to purchase some of the cryptocurrencies that Bovada does accept, such as Bitcoin, Litecoin and Bitcoin SV. These currencies are easy to purchase with Tether via a crypto exchange, and this means that you can easily access Bovada.

Rating: 5 Star Rating

  • Accepts Tether
  • Big Bonuses
  • Easy To Use
  • Mobile Betting
  • Best Odds

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#2

BetOnline Sportsbook

Safest Crypto To Use At BOL

A sportsbook that has been heavily invested in crypto nearly as long as crypto has been around, it’s not a surprise that BetOnline takes Tether. What’s interesting is that using Tether qualifies you for their crypto bonus, even though Tether is a stablecoin that will more-or-less always be worth a dollar. This means you can access their 100% matching bonus and their 35% reload deposit bonus without worrying about whether or not the cryptocurrency you’re using will be a good way to withdraw.

Rating: 5 Star Rating

  • Fast Banking Methods
  • Strong Server Connection
  • 10+ Year Track Record
  • Huge Assortment Of Odds
  • No App Mobile Betting

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#3

SportsBetting Sportsbook

Get Crypto Bonuses With Less Risk

SportsBetting is a sister site of BetOnline, and like BetOnline has been on the forefront of crptorucrrency adoption. This status includes being one of the first sprortsbooks to accept USDT, and this remains true as other sportsbooks slow down crypto adoption. This makes SportsBetting a great choice for USDT users, who can enjoy the security and ease of use of a dollar peg, with the extra bonuses that come from using crypto.

Ratings: 5 Star Rating

  • Full Mobile Betting Suite
  • Available Customer Service
  • Trustworthy Banking Options
  • Fast Payout Times

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How To Bet On Sports With Tether

  1. Create a wallet in which to store your Tether
  2. Visit a crypto exchange to purchase Tether
  3. Purchase Tether and send it to your wallet
  4. Visit your sportsbook of choice and begin the deposit process
  5. Select Tether as your deposit option
  6. Enter the amount you wish to deposit, and link your wallet with Tether in it
  7. Finish the deposit process
  8. Start betting!

USDT Sports Betting Deposit, Withdrawal Limits

Normally a section like this would talk about how USDT deposit limits and withdrawal limits vary depending on the sportsbook you use. However, USDT is accepted at so few sportsbooks that this actually is not true. The sportsbooks that accept USDT are BetOnline and SportsBetting, which are sister sites, and they offer the same deposit and withdrawal limits for Tether as they do for basically every other cryptocurrency.

USDT Deposit Limits

Sportsbook Min Deposit Max Deposit Deposit Time
BetOnline $20 $100,000 Instant – 2 Hours
SportsBetting $20 $100,000 Instant – 2 Hours

USDT Withdrawal Limits

Sportsbook Min Withdrawal Max Withdrawal Withdrawal ime
BetOnline $20 $100,000 Instant – 48 Hours
SportsBetting $20 $100,000 Instant – 48 Hours

One note is that neither BetOnline nor SportsBetting applies any fees to either part of the sportsbook deposit method and withdrawal process when you use Tether. Fees are set at 0% at both sportsbook for all crypto usage on both deposits and withdrawals.

Do Sportsbooks Offer Tether Bonuses?

Tether bonuses are actually a big upside of using Tether. Since Tether is a cryptocurrency, it qualifies for bonuses, but since it’s pegged to the US dollar, it removes the issue of value fluctuations while the sportsbook has your money entirely. This makes it arguably the single best method for sportsbook bonus deposits, since you can easily calculate how much you’re depositing, as each USDT will be worth $1.

BetOnline USDT Bonuses

Bonus Total Match Bonus Value Playthrough Code
Crypto Reload Bonus 35% $350 8x CRYPTO35
1st Time Crypto Bonus 100% $1,000 14x CRYPTO100
Crypto Boost 5% n/a 3x On deposit

SportsBetting USDT Bonuses

Bonus Total Match Bonus Value Playthrough Code
Crypto Reload Bonus 35% $350 8x 35CRYPTO
1st Time Crypto Bonus 100% $1,000 14x 100CRYPTO
Crypto Boost 5% n/a 3x On deposit

Benefits Of Betting On Sports With USDT

  • USDT is pegged to the US Dollar
  • You are still eligible for crypto bonuses
  • Fast transactions compared to traditional finance

Drawbacks Of Using Tether To Bet On Sports

  • USDT is a simply crypto – you aren’t staking it or doing other advanced maneuvers
  • While it is arguably the least risky crypto, it is still a crypto.

Other Cryptos That Legal Online Sportsbooks Take

Some bettors may find themselves in a situation of wanting to purchase other cryptourrnecies with their USDT in order to access sportsbooks that do not take USDT. This can easily be done on a crypto exchange. Almost every online sportsbook takes Bitcoin, but after that, it gets a bit messier and more individual in terms of what cryptos they accept.

Cryptos Accepted At Every International Book

Cryptos Accepted At Many International Books

Is Betting With Tether Safe?

Betting with Tether is safer than betting with any other cryptocurrency, as Tether is the main trader in crypto, and most trading is done via Tether. Basically, if Tether ever goes under, anyone in crypto has way bigger problems than their sports betting accounts – and it’s the least likely crypto to go under at this point. Tether also claims to have 1:1 backing, meaning that for each USDT issued, they have a dollar backing it. These claims have been disputed.

Best USDT Wallets And Exchanges

USDT is the primary volume driver of trade in the crypto exchanges, and as such, both wallets and exchanges are built around making USDT transactions easier.

Top USDT Wallets

  • Guarda

  • eToro

  • Ledger Nano S

  • MyEtherWallet

  • Tether Wallet

  • Coinomi

Top USDT Exchanges

  • Binance

  • Crypto.com

  • FTX

  • KuCoin

  • Kraken

  • Huobi

  • Coinbase

  • Gemini