Why Are Bettors Drawn To Tether Gambling Sites?
No matter your sporting or casino interests, the best gambling sites that accept Tether give you a chance to gamble online at a whole new level.
Apart from allowing winners to stay longer than soft bookmakers, gambling sites accepting Tether spoil you for choice in sports and markets.
In addition, you get to sample an incredible variety of casino games.
Not to mention poker tournaments where you get to compete against real opponents.
Unlike regular casinos, where you can only use one table at a time, the online version lets you get involved in numerous tables simultaneously.
If you can’t get to a real casino, USDT gambling companies are a worthy substitute.
Lovers of traditional casino games are delighted to find the likes of baccarat, blackjack, and roulette on offer.
USDT gambling websites excel in adding a new spin to legendary games while also offering the original versions.
Yet you must still overcome the house edge by focusing on games that offer the best return on investment.
For instance, the casino has a 1.24% advantage in baccarat when you back the player, but the edge is just 1.06% when your Tether goes on the banker.
Other well-known games available on Canada Tether gambling sites include Texas Hold’em, Yablon, and Three Card Poker.
Although plenty of video poker games are available, nothing beats the thrill of beating a human instead of a machine.
Canada Tether gambling sites enable you to sit down and see how you fare against players of different skill levels.
There are lots of poker variations available, although most sites offer the following two.
Five card draw
Five Card Draw remains a popular poker variant, with every individual receiving five cards face down.
Players have to add money to the pot; only then do they get their cards and have the chance to make further gambles.
To win Tether after the first gamble, you can continue with your five cards or discard up to three and ask for new ones.
Texas Holdem has quickly become one of the world’s favorite forms of poker.
Each player gets two cards; then, the dealer places a maximum of five cards on the table, which everyone can use.
The aim is to create the strongest five-card hand or bluff your opponent into thinking you have it!
If you want real drama, try No-Limit Texas Holdem, but only if you can afford it.
USDT gambling websites offer an impressive amount of sports and markets.
We’ve now reached the stage where such providers can match or even exceed the range of sports markets offered by fiat gambling companies.
It doesn’t matter if you think Tyson Fury will finally lose or the Knicks will win the NBA Finals; you’ll find the right market on USDT gambling platforms.
You can even get involved on major events such as the World Cup or Olympic Games.
A growing number of punters banned and restricted by old-fashioned gambling sites flock to these Canada Tether gambling sites.
They don’t have to halt their activities and can instead look forward to further profits.
The house may win most of the time, but world-class bettors can still make money off gambling sites.
Now that Tether gambling sites in Canada cater to their needs, these skillful individuals have somewhere to go.
How To Choose The Highest-Rated Tether Gambling Sites In 2022
There are a potentially overwhelming number of USDT gambling sites to choose from in Canada.
Rather than picking the first one you see, however, be patient.
Selecting the wrong one for your needs could impact your user experience.
However, our team has come to the rescue by offering an outline of what to look for during your search.
Perhaps the single most important aspect of finding a high-quality Canada Tether gambling site involves investigating its reputation.
Sadly, if a shady gambling site that accepts Tether hangs on to your USDT, there’s no action you can take to get it back.
With no higher authority to complain to, scam sites can easily steal a customer’s money since crypto transactions are non-reversible.
This is why you should read our exclusive reviews, where we outline whether USDT gambling sites deserve your trust.
Ultimately, you need to know that the Tether gambling site in Canada in question:
Has a spotless record
Lets you access your money
Cares about its customers
One of the benefits of using USDT is the incredibly fast transaction time.
However, not every Canada Tether gambling site excels in this department and may also have some limitations.
Before you choose any Tether gambling site in Canada, here are three things to consider relating to its transactions:
How quickly does the site process deposits & withdrawals?
How many payment methods are available? (Such as BTC, ETH, LTC, or DOGE)
What is the maximum amount you can deposit and withdraw?
Bonuses & Other Benefits
It is standard for gambling websites to provide bonuses to ‘reward’ users.
Here are a few of the bonuses you can expect to find:
Rewards for the use of Tether
No deposit bonuses
Before you proceed, make sure you check out the T’s and C’s of each bonus.
While you might think they provide a reasonable benefit, you can expect the site to add restrictive terms.
For instance, you must gamble through your welcome bonus deposit 30+ times before withdrawing it.
Assortment of games and markets
If a gambling website doesn’t have enough options to keep you entertained, you’re not likely to persevere with it.
Regardless of all the other features on gambling sites with Tether, if they offer limited choices, it won’t take long for you to get bored.
Consequently, go through a site thoroughly to ensure there’s plenty of things to generate your interest and keep it.
Additionally, take into account the general quality of the site.
Even if there are many options, generic games and sports markets soon lose their appeal.
Besides the above considerations, make your USDT work best by checking out sites with value odds and mega jackpots.
Top-rated sites also take the needs of their customers extremely seriously.
It doesn’t matter if you have tons of options and can quickly withdraw and deposit Tether.
When Tether gambling sites ignore their customers, they are a waste of your time and money.
If you use a gambling platform with rude or unresponsive customer support, it is easy to get annoyed.
In contrast, rapidly getting to the root of any problems you have is a sign of a legit Tether gambling website.
Such organizations specialize in effective response to customer issues, ensuring players happily return to the site.
Looking for the best Tether Gambling Sites? Read our guide
It is simple to get information about Tether gambling sites online.
Sadly, misinformation and outright lies are features of Internet content.
One of the main reasons is that these sites don’t bother performing detailed analysis.
We like to do things right, which is why we thoroughly examine gambling websites.
It might take us days to complete enough hours of play to be satisfied that we’ve analyzed everything.
However, it is worth it to provide what we believe are the best reviews in the industry.
Already, we have reviewed an immense number of gambling sites and are far from being finished.
A quick rundown of four major cryptocurrencies
Overall, you’ll find thousands of cryptocurrencies with new ones seemingly created each day.
However, most gambling websites that allow digital currency use only accept a handful.
Keep reading to learn more about four of the most popular digital assets accepted on gambling websites that use crypto.
Tether is a massive cryptocurrency network invented in 2017.
It is a stablecoin backed by significant reserves and a popular deposit option on gambling companies.
Tether is in line with USD value, so forget about fluctuations in value.
As the third biggest cryptocurrency project, Tether has an approximate market capitalization of $83 billion.
It is run by iFinex, a well-known company from Hong Kong and the owner of the BitFinex exchange.
Only Bitcoin has a greater market cap than Ethereum, which is far above every other coin.
Vitalik Buterin and Gavin Wood created ETH in July 2015, and its array of benefits has helped its value grow significantly.
With a transaction time of 12 seconds, Ethereum is one of the best options for rapid deposits and withdrawals.
Some crypto experts believe ETH could one day surpass Bitcoin as the number one currency, so you have to decide if it is worth buying now.
Developed in January 2009 by someone known as ‘Satoshi Nakamoto,’ Bitcoin was the first cryptocurrency.
It became the first cryptocurrency to exceed a market cap of $1 trillion, and its growth shows no signs of stopping.
The popularity and worth of Bitcoin mean that crypto gambling sites welcome its use.
BTC’s cost is one issue; it requires a big investment to own a relatively small amount.
On the plus side, the Bitcoin network is incredibly secure and has never been successfully hacked.
Dogecoin owes its existence to Jackson Palmer and Billy Markus, who invented it as a joke in December 2013.
The coin is now synonymous with the image of the Shiba Inu dog breed.
These days, it is considered a serious digital asset, aided by promotion from Elon Musk, the founder of Tesla.
Find out if your preferred gambling platform accepts DOGE and benefit from rapid deposits/withdrawals and a strong layer of security.
However, there is a danger of inflation since Dogecoin has no supply limit, and not many sites accept it at present.
Reasons to Try Tether Gambling Sites Today
Tether gambling websites are hot commodities, but not everyone is sure if the hype is appropriate.
We’re here to tell you that they’re superior to their traditional counterparts in many ways.
Keep reading to discover why you should choose them.
Crypto is the present; fiat is the past
Fiat currency is old-fashioned and no longer suitable for the world we live in.
Excessive printing of fiat means it has reduced purchasing power from one year to the next.
As a result, the fiat stored in your account will inevitably reduce in value over time.
To quote Henry Ford: “It is well enough that people of the nation do not understand our banking and monetary system, for if they did, I believe there would be a revolution before morning.”
Conversely, many of the best-known digital currencies are experiencing value growth.
Consequently, if you earn USDT on a gambling website, it could act as a hedge against the inflation that cripples fiat.
USDT is the future; fiat currency belongs in a museum.
There remains a stigma around the use of gambling sites.
The banking system continues to rail against gambling on such a site.
When you use fiat currency to pursue your hobby, the banks can easily find out.
Banks will even tear up your loan application if you’re caught using a gambling site.
If you want your pastime to remain hidden from the bank, use Tether, not fiat.
This is because the banking system is not involved in these transactions.
As a result, you can register, deposit, and enjoy everything a gambling website has to offer in complete privacy.
Better user experience
Overall, the many benefits offered by Tether gambling websites result in a better user experience than with standard gambling websites.
This is how these new sites give you an improved UX:
Rapid transaction times so you’re not waiting to fund your account
Lower transaction fees
Additional bonuses when gambling with USDT
Up to date web design
Increased limits on deposits and withdrawals
A smaller chance of having your account closed for winning
If you’re a serious bettor, there’s no reason to delay registering with gambling sites accepting Tether.
The cryptocurrency market does have issues with people hacking and stealing money.
Yet, most lawbreaking occurs on the digital asset exchanges.
Gambling sites accepting Tether, on the other hand, usually provide a haven for users.
Whenever you complete a transaction with Tether, it is encrypted and goes through many verification rounds on the network.
Furthermore, each transaction involves a lengthy and complicated private key that is tough to decipher.
According to many cryptocurrency experts, using a credit card online is a bigger risk than Tether.
Canada, Crypto, And Gambling Companies: Legal Or Not?
Your ability to enjoy Tether gambling sites boils down to your nation’s laws regarding both gambling and cryptocurrencies.
Several countries don’t allow one or the other, and a few outlaw both.
In some cases, you can try to use Tether gambling sites even if it is against the law, but it is a huge risk.
Should the site choose to ban you and keep your money, there’s nothing you can do about it.
Thankfully, Canada allows USDT gambling site use as long as you follow the country’s general rules on crypto and gambling!
Are Canadian residents allowed to use USDT?
Absolutely! In Canada, you have the right to use Tether exchanges and make transactions with the new currency.
Despite the easy availability of digital assets, they are not considered legal tender.
This means the Canadian Revenue Agency (CRA) refuses to accept it as a means of paying tax.
Yet, the Agency considers profits on digital currency as taxable.
Thus, you must declare all profit and loss from crypto transactions on your tax returns.
Digital assets are not regulated in Canada, even though the exchanges that sell them are.
Hence, we have a situation where most companies won’t accept them due to the perceived risks.
While USDT gambling sites acknowledge the danger, they see it as a trade-off for healthier profits and greater visibility.
How do I obtain USDT?
You can purchase Tether on exchanges.
In terms of regulation, digital currency exchanges are treated as money services businesses.
As a result, such crypto marketplaces must conform to the same rules regarding reporting, recordkeeping, due diligence, and verification.
Since June 2020, digital assets exchanges must also register with FinTRAC.
This is the agency that deals with financial crimes in Canada.
Strong regulation in Canada and a high level of Tether security means buyers and users are well protected.
Is Gambling online legal in Canada?
In Canada, you are legally allowed to gamble online as long as you follow the rules.
However, you must be at least 19 years of age.
Except in Quebec, Alberta, and Manitoba, all of which allow you to gamble when you’re 18.
Furthermore, you keep the money you win from gambling online as it isn’t taxed unless you’re deemed a professional.
As far as gambling websites are concerned, it is illegal to operate on Canadian soil without provincial government licensing or ownership.
Even so, this fact hasn’t prevented over 1,000 unlicensed offshore sites from offering their services to Canadian residents.
An important new gaming law
Canada’s betting rules come from the Criminal Law Amendment Act of 1968-69.
In 1985, the government allowed each province to regulate its gaming laws and determine if land-based casinos were permitted.
The result was an enormous number of casinos opening throughout the country.
These laws are still in operation today and regulate online gambling in Canada’s provinces.
An odd quirk in the law limiting betting activity was only recently changed.
According to this ruling, only parlay gambles were legal as single game gambles were outlawed until August 2021.
Finally, the government eradicated this rule via C-218, making it legal to bet on a single game.