Crypto betting has become popular in the Philippines, particularly using Tether. Being a stablecoin, Filipino bettors don’t need to break the bank to get their hands on this secure currency. In this short guide, we will learn how it plays a role on Filipino betting sites.
Rank | Bookmaker | Rating | Bonus | Get bonus |
---|---|---|---|---|
1 | BK8 | 4.5/5 | Bonus: Welcome Bonus Up to PHP 5,000 | PlayRead review |
2 | 1xBet | 5/5 | Bonus: UP TO 7200 PHP WITH PROMO CODE: BETTINGPHILIPPINES | PlayRead review |
3 | 888Starz | 4.8/5 | Bonus: 100% welcome bonus up to 5,848 PHP | PlayRead review |
4 | Jiliace | 4.5/5 | No Sign-Up Bonus | PlayRead review |
5 | PesoBet | 4.8/5 | Bonus: Redeem PHP 3,000 on your 1st deposit | PlayRead review |
The reason why Tether betting is so popular in the Philippines is because it’s 100% legal. No laws are preventing Filipinos from performing transactions with cryptos. Players can deposit and withdraw funds if they want a secure way of betting Tether on sports.
However, an important thing to remember is that cryptocurrency isn’t considered legal tender. Besides, there’s no regulation against using cryptocurrencies like Tether inside the country.
Before delving deeper into the best Tether sports betting sites, let’s shed more light on this cryptocurrency. Tether is a stablecoin that was launched in 2014. It was the brainchild of Tether Limited Inc. which wanted to build a new currency on top of the Bitcoin blockchain. Tether Limited is owned by the British Virgin Islands company iFinex Inc.
To start using Tether, you must visit tether.to and follow the instructions. This will allow you to create a new account within minutes. The website uses 2FA as a security measure for its users.
This secure stablecoin uses 14 different protocols as of January 2024. So you don’t have to worry about its safety at all.
The main benefit that Tether offers to users is its stable price. It follows the price of the US dollar very closely. So, unlike other cryptocurrencies, it’s not affected by any sudden changes in the price.
Other than being stable, another good side of using Tether is making a deposit with this currency, which is very simple. Anyone can do it easily by following four easy steps. Here’s how.
Start by visiting the Tether online sports betting account and logging in with your credentials. Once you’re in, head to the “Cashier” or “Wallet” section of the website.
Look through all of the available payment methods. Once you see it, you must select Tether as your deposit method.
To deposit funds into your Bookmaker account, you need to take the unique deposit address where you need to transfer the funds. You can easily do this by scanning the Tether code with your wallet Tether betting app on your phone if you have it.
You enter the funds you want to transfer to your Bookmaker account in your wallet. Once you confirm the transaction, the funds should appear in your Tether sportsbook account within a few minutes.
The payment system is one of the cornerstones in sports betting with Tether. This is because, without good payment methods to support the players, they won’t have an enjoyable experience.
What happens when the payment methods on the bookmaker's sites are not good? Instead of placing bets on a market they’ve researched for a long time, players must wait for their payments to come through.
Check out this table to better understand the deposits and withdrawals you can enjoy on popular Filipino betting Tether sites. Please note that the limits will undergo a conversion first for tether transactions.
Bookmaker | Deposit Time | Withdrawal Time | Commission Fee | Min/Max Deposit Limit | Min/Max Withdrawal Limit |
Instant | 15 minutes | 0% | 50 PHP | None | |
Instant | 15 minutes | 0% | 550 PHP | 15,000 PHP | |
Instant | 15 minutes | 0% | Variable | Variable | |
Instant | 15 minutes | 0% | 600 PHP | None |
Choosing the best tether betting sites in the Philippines is a challenging task. It takes careful consideration of several different factors, especially for new players who don’t know much about sports betting Tether in the first place.
This is why we picked five of the best options in the Philippines. Look at what they offer, and you should be able to find your ideal Tether online sports betting site.
This crypto-only bookmaker is one of the best options for betting with Tether in the Philippines. This betting platform is revolutionizing online betting by offering no fiat payment options. And as you’d expect, you can use Tether to perform your transactions here.
The welcome bonus is credited uniquely rather than using PHP, BC.Game uses BC Dollar (BCD) where 1BCD = 1 USD. So, when new users claim the welcome offer, they can get a 270% welcome bonus up to 20,000 BCD.
Even if you’ve had a brief experience with sports betting, you should know about 1xBet. This website for online sports betting Tether is famous worldwide for its exceptional betting experience and casino section. Filipino players can get a welcome bonus of up to 5,400 PHP with 1xBet.
The platform also features a Tether betting app. So, if you’d ever like to take the show on the road, you could easily do that whether you’re on Android or iOS.
Regarding local Tether eSports betting sites that support USDT transactions, we think of BK8. This localized bookmaker even has a license from PAGCOR. So, you’re not dealing with an offshore site. It’s a favorite among punters on Tether betting sites, especially because of the welcome bonus.
Like most other sites for online sports betting Tether, BK8 offers a deposit welcome bonus to all its new customers. When a bettor claims the welcome offer, they can get 5,000 PHP on their first deposit as a bonus reward.
If you want to use USDT for Tether betting and enjoying casino games, BetLead is the way to go. This local gambling company offers all their customers a casino and a Tether sports betting section. It has a huge following in the Philippines as it’s a bookmaker licensed by PAGCOR.
Unfortunately, the welcome bonus is not as great as some other sites we’ve recommended here. While it does offer a 120% deposit bonus for new players, the maximum amount that players can get out of it is 500 PHP. The bookmaker has put a low wagering requirement for the welcome bonus to balance this.
Once you get over the sleek interface of the bookmaker, you’ll start to notice that it has so much more to offer. Particularly Tether betting enthusiasts can enjoy wagering with USDT on several different sports.
The bookmaker also offers popular betting markets such as match winner, over/under, and prop bets for different sports. If you’re looking for a safe betting experience, you can’t go wrong with BetVisa.
There are several options to choose from in this criteria. However, we’d suggest checking out our recommendations to choose a trusted one that fits your needs.
As online gambling is legal in the Philippines, you can freely wager real money on different sports. The only condition is that these websites need to be registered and licensed by PAGCOR.
There are different factors to consider, such as license availability, number of sports, withdrawal times and limits, etc. Check out our recommendations for the best Tether sports betting sites to save time.
While you can get the most popular sports in the world for betting, games like football, basketball, tennis, and eSports are popular among Filipino punters.