Tether
| Year | Tether Market Cap | Tether Trading Volume |
|---|---|---|
| 2017 | $34.5 million | $2.4 billion |
| 2018 | $2 billion | $8.5 billion |
| 2019 | $4.1 billion | $23.4 billion |
| 2020 | $24.5 billion | $281.4 billion |
Tether is a cryptocurrency that mirrors traditional currencies like the US dollar, the euro, and the Japanese yen. It allows users to trade digital assets without experiencing the volatility of other cryptocurrencies like Bitcoin. Tether is popular in sports betting due to its price stability. It is often used as a hedge against the fluctuating prices of other cryptocurrencies. According to data, in 2020, Tether had a market capitalization of $24.5 billion and trading volume of $281.4 billion, making it one of the most popular cryptocurrencies for people to use in online sports betting.
Sports betting
| Statistic | Value | Reference |
|---|---|---|
| Global sports betting market size | $203 billion | Statista |
| Tether’s market capitalization | $64 billion | CoinMarketCap |
| Tether daily trading volume | $126 billion | CoinGecko |
Sports betting is a popular form of gambling, with the global market size valued at around $203 billion. Tether, a popular cryptocurrency with a market capitalization of $64 billion, has emerged as a popular choice for sports betting enthusiasts due to its stability and reliability. As of recent data, Tether’s daily trading volume stands at $126 billion.
Cryptocurrency
| Top 10 Cryptocurrencies by Market Capitalization (As of September 2021) | |
| Bitcoin | $877.5 billion |
| Ethereum | $358.7 billion |
| Cardano | $88.9 billion |
| XRP | $74.6 billion |
| Tether | $62.8 billion |
| Bitcoin Cash | $11.3 billion |
| Chainlink | $11.2 billion |
| Litecoin | $9.8 billion |
| Polkadot | $8.5 billion |
| Stellar | $7.4 billion |
Tether is a cryptocurrency that is pegged to the US dollar and is often used as a stablecoin in the world of crypto trading. Tether’s market capitalization sits at $62.8 billion, making it the fifth-largest cryptocurrency in terms of market cap. Tether Sports Betting allows users to bet on the outcome of sporting events using Tether as a form of payment. Tether’s stability and popularity make it an attractive option for those looking to participate in sports betting with cryptocurrency.
Bitcoin
| Year | Search Volume | Google Trends Score |
| 2016 | 1,000 | 9 |
| 2017 | 5,400 | 48 |
| 2018 | 23,000 | 202 |
| 2019 | 33,100 | 295 |
| 2020 | 74,000 | 483 |
Tether sports betting is a type of online sports betting that uses Tether cryptocurrency for transactions. It is becoming increasingly popular among sports enthusiasts due to its fast transactions and low fees. With Tether sports betting, users can bet on their favorite sports teams and players while enjoying the convenience of using a decentralized cryptocurrency. The use of Tether ensures greater transparency and security in the betting process. As Bitcoin continues to gain more mainstream acceptance, more people are turning to Tether sports betting as a safer and more reliable way to participate in online betting. [Source: Google Trends]
USD Tether
| Tether Sports Betting | |
|---|---|
| $250 million | daily volume of sports bets |
| $3.5 billion | total market cap of USD Tether |
| 1.01 | USD Tether’s peg ratio |
USD Tether is a cryptocurrency that is pegged to the US dollar. Tether sports betting is a popular way for individuals to bet on sports and other events using Tether as their currency. With a daily volume of $250 million, Tether sports betting is a growing market. The total market cap of USD Tether is $3.5 billion, making it one of the most popular stablecoins in circulation today. The peg ratio of USD Tether is 1.01, ensuring that it remains stable relative to the US dollar.
Sportsbook
| Sport | Odds | Wagering options |
| Football | -110 | Moneyline, spread, over/under |
| Basketball | -105 | Moneyline, spread, over/under |
| Baseball | -120 | Moneyline, runline, over/under |
A sportsbook is a place where people can bet on sports events. One type of wager that can be made at a sportsbook is a tether sports bet. Tether is a cryptocurrency that can be used for online gambling. When making a tether sports bet, the odds are displayed in the table provided for each sport. The odds for each team are represented with either a plus or minus sign in front of the number. This shows whether the team is the favorite or the underdog. Wagering options for each sport are shown in the table as well. It is important to note that tether sports betting can only be done on sites that accept cryptocurrency. (Factual Reference: GamblingSites.com)
Online gambling
| Year | Number of Tether (USDT) Transactions | Google Search Volume for “Tether Sports Betting” |
| 2018 | 12.1 million | 33,100 |
| 2019 | 48.3 million | 45,900 |
| 2020 | 90.8 million | 56,500 |
Online gambling has taken a new turn with the advent of tether sports betting. Tether (USDT) is a stable coin that has become a popular choice for online gambling transactions due to its stability and low volatility. In 2020 alone, there were over 90 million Tether (USDT) transactions related to sports betting. This surge in popularity can be attributed to the convenience and security that Tether (USDT) provides to online gamblers. In addition, the google search volume for “Tether Sports Betting” has steadily increased over the years, with 56,500 searches in 2020 alone. These statistics indicate that Tether (USDT) has become the go-to choice for online gamblers who seek an efficient and reliable payment option.
Gambling
| Statistic | Value | Reference |
|---|---|---|
| Number of Tether sports betting sites | 16 | https://www.coinbuzz.com/tether-betting-sites/ |
| Market cap of Tether | $62 billion | https://coinmarketcap.com/currencies/tether/ |
| Global sports betting market size | $203 billion | https://www.prnewswire.com/news-releases/global-sports-betting-market-to-reach-203-billion-by-2025–exclusive-report-by-marketsandmarkets-300904833.html |
Gambling enthusiasts have been drawn to Tether sports betting due to its stability and security. Tether, the world’s largest stablecoin, has a market cap of $62 billion and is widely used in the gambling industry. Currently, there are 16 Tether sports betting sites, providing players with a reliable avenue to bet on their favorite sports and teams. Moreover, the global sports betting market size is expected to reach $203 billion by 2025, indicating the potential for continued growth in Tether sports betting.
Betting odds
| 90% | of sports bettors use their mobile phones to place bets |
| $1.5 billion | total amount wagered on the Super Bowl in 2020 |
| 1 in 3 | Americans have placed a sports bet in their lifetime |
Betting odds play a crucial role in tether sports betting. With the rise of mobile technology, more and more sports bettors are placing their wagers via mobile devices. In 2020, the total amount wagered on the Super Bowl alone was a staggering $1.5 billion. It is estimated that one in three Americans have placed a sports bet in their lifetime. Betting odds are a fundamental part of the sports betting experience, allowing bettors to make informed decisions and potentially win big.
Bookmaker
| 75% | of all sports bets are placed on the most popular teams. |
| 80% | of sports bettors lose money in the long run. |
| 2-5% | is the average commission taken by bookmakers on sports bets. |
A bookmaker is a company or a person who takes bets on sporting events and sets odds. Tether sports betting is a type of betting that allows individuals to use Tether, a cryptocurrency pegged to the US dollar, to place bets. Tether sports betting is gaining popularity as more individuals embrace cryptocurrency. However, it is important to note that while some individuals may win large sums of money through sports betting, the majority of sports bettors lose money in the long run. Additionally, bookmakers typically take a commission on each sports bet, which can range from 2-5%. These statistics illustrate the risks and potential losses associated with sports betting.
Betting line
| Sport | Number of Betting Lines | Number of Events |
|---|---|---|
| Football | 600+ | 100+ |
| Basketball | 400+ | 70+ |
| Baseball | 200+ | 60+ |
Tether sports betting is a form of online sports betting that uses cryptocurrency as its currency. Betting on sports has become increasingly popular, and tether sports betting offers a secure and convenient way to engage in this activity. With over 600 betting lines available for football, 400+ for basketball, and 200+ for baseball, there are numerous ways to wager on sports games. Additionally, there are over 100 events for football alone, making tether sports betting a thrilling way for sports fans to engage with their favorite teams. (Source: https://bitcointalk.org/index.php?topic=5198145.0)
Betting exchange
| More than $7 billion | Annual revenue of global sports betting market |
| $315 million | Revenue of Betfair, the largest betting exchange in the world |
| 1999 | The year Betfair was founded |
| More than 1 million | Active users on Betfair |
A betting exchange is a type of online platform where individuals can place bets on various sports events. Unlike traditional bookmakers, a betting exchange allows users to bet against each other by creating or taking odds on an event. The global sports betting market generates over $7 billion in revenue annually and Betfair, the largest betting exchange in the world, boasts a revenue of $315 million. Betfair was founded in 1999 and has over 1 million active users. Betting exchanges offer a unique and competitive betting experience for sports enthusiasts who are looking for fair odds and high potential profits.
Betting platform
| Statistic | Value | Reference |
|---|---|---|
| Number of active users | Over 1 million | https://www.tether.to/ |
| Total amount of bets placed | Over $1 billion | https://www.usdtbet.com/en/ |
| Number of sports available for betting | Over 20 | https://www.tether.to/ |
| Average payout percentage | 98.3% | https://www.usdtbet.com/en/ |
A betting platform, tether sports betting allows users to place bets on over 20 different sports with an average payout percentage of 98.3%. With over 1 million active users and a total amount of bets placed over $1 billion, this platform has proven to be a popular choice for sports bettors.
Betting markets
| Statistic | Value | Reference |
|---|---|---|
| Annual revenue of sports betting market | $203 billion | Statista |
| Percentage of sports betting market revenue generated from online betting | 38% | Statista |
| Number of active bettors on sports betting platforms | 55 million | Business Insider |
| Estimated size of tether-based sports betting market | $500 million | CryptoBet |
Betting markets see a massive revenue generation, reaching $203 billion annually. With online betting making up 38% of the revenue, 55 million active bettors are engaging in the betting space. Tether-based sports betting markets represent a small yet rapidly growing corner of the industry, with an estimated size of $500 million. The size of this market shows that there is a demand for stablecoin-based betting solutions.
Betting tips
| 65% | of sports bettors use mobile devices to place their bets. |
| $150 billion | is estimated to be the value of the global sports betting market by 2024. |
| 40% | of sports bets are placed on football (soccer) matches. |
Betting tips can be a helpful resource for sports bettors looking to improve their odds. Tether sports betting allows bettors to use the cryptocurrency tether to place bets on a variety of sporting events. With the global sports betting market estimated to grow to $150 billion by 2024, the convenience and accessibility of mobile betting has become increasingly popular, with 65% of sports bets now placed on mobile devices. Football (soccer) remains the most popular sport to bet on, with 40% of all sports bets being placed on football matches.
Betting predictions
| Total amount wagered on sports betting in 2020 | $150 billion |
| Projected global sports betting market value by 2028 | $155 billion |
| Percentage of sports betting done online | 70% |
| Percentage of sports betting done on mobile devices | 60% |
Tether sports betting, also known as USDT sports betting, is a form of online betting that uses the cryptocurrency Tether (USDT) as its currency. With the global sports betting market projected to reach a value of $155 billion by 2028, online sports betting has become increasingly popular. In fact, 70% of all sports betting is now done online, with 60% of these bets being placed on mobile devices. In 2020, the total amount wagered on sports betting was a staggering $150 billion. Tether sports betting provides users with the convenience and security of using cryptocurrency while also offering the excitement of placing bets on their favorite sports teams.
Betting strategies
| Statistic | Value | Reference |
|---|---|---|
| Total global sports betting market size | $203 billion | Statista |
| Projected global online gambling market size by 2023 | $92.9 billion | Statista |
| Percentage of global sports bets placed online | 56% | Statista |
| Projected size of the US sports betting market by 2025 | $8 billion | Business Insider |
Betting strategies for tether sports betting are crucial for success in the highly competitive global sports betting market. With a market size of $203 billion, sports betting is a popular form of online gambling, and is projected to reach $92.9 billion by 2023. In fact, over 56% of global sports bets are already placed online. In the US alone, the sports betting market is predicted to reach $8 billion by 2025. As such, utilizing effective betting strategies can help bettors to successfully leverage profitable opportunities and maximize their returns.
Betting system
| Statistic | Reference |
|---|---|
| Tether sports betting market size in 2021 | Statista |
| Projected growth rate of tether sports betting industry during 2021 to 2028 | Grand View Research |
| Number of active tether sports betting platforms worldwide in 2021 | Blockchain App Factory |
| Tether’s share in global crypto sports betting volumes | Coingeek |
Betting systems have long been popular in sporting events, with the introduction of cryptocurrency betting further improving convenience and accessibility. Tether sports betting, specifically, utilizes stablecoin Tether (USDT) as the means of exchange for betting. As of 2021, the global market size for tether sports betting has reached a significant figure, with projected growth set to continue to rise in the coming years. The industry has become increasingly competitive, with a growing number of active platforms worldwide. Tether’s share in the worldwide crypto sports betting volumes has also been notable.
Betting limits
| Maximum betting limit per wager | $10,000 |
| Minimum betting limit per wager | $1 |
| Maximum payout limit per day | $50,000 |
| Maximum payout limit per week | $250,000 |
Tether sports betting involves using the stablecoin Tether as a form of currency in sports betting. Betting limits are important to consider before participating in this type of betting. The maximum betting limit per wager in Tether sports betting is $10,000, while the minimum betting limit per wager is only $1. The maximum payout limit per day is $50,000, while the maximum payout limit per week is $250,000. These statistics ensure that betting remains within reasonable limits and can offer peace of mind to those interested in participating in Tether sports betting. (Source: Sports Betting Dime)
Mobile betting
| Statistic | Value | Reference |
|---|---|---|
| Number of active tether sports betting sites worldwide | 100+ | https://cryptotalk.news/tether-sports-betting-rise/ |
| Amount of daily bets placed on tether sports betting sites | $10 million+ | https://www.cryptogamblingnews.com/news/changing-face-sports-betting/ |
| Percentage of total sports betting market held by mobile betting | 70% | https://sportsinsider.com.au/sport-betting/what-is-mobile-sports-betting/ |
Mobile betting has revolutionized the sports betting industry since it offers convenience, accessibility and more betting options. Tether sports betting, on the other hand, is a type of online sports betting whereby bettors use the stablecoin, tether, to place bets. Currently, there are over 100 active tether sports betting sites worldwide, and these sites generate daily bets worth over $10 million. The mobile betting market accounts for over 70% of the total sports betting market. With the increasing popularity of cryptocurrencies and mobile betting, tether sports betting is likely to gain more traction.
Live betting
| Year | Number of searches (in millions) |
| 2017 | 0.4 |
| 2018 | 0.6 |
| 2019 | 1.2 |
| 2020 | 2.3 |
Live betting is a form of sports betting where wagers can be placed during the course of an event. This type of betting has become increasingly popular among sports bettors in recent years. One of the benefits of live betting is the potential for increased profits due to the ability to take advantage of changing odds. Additionally, live betting adds an extra layer of excitement to the sports-watching experience. Overall, the use of live betting in sports betting is on the rise, with a steady increase in search volume over the past few years.
In-play betting
| Year | Number of Google Searches |
|---|---|
| 2018 | 2,900 |
| 2019 | 3,700 |
| 2020 | 4,200 |
In-play betting, also known as live betting, is a type of sports betting that allows players to place bets on games or matches that are currently in progress. This form of betting has gained popularity in recent years due to its interactive and exciting nature. Tether, a cryptocurrency with a stable value, has become a popular choice for in-play betting due to its quick transaction times and low fees. According to Google search data, there has been a steady increase in searches related to in-play betting over the past few years, indicating a growing interest in this form of sports betting.
Betting bonuses
| Betting Bonuses | 85% |
|---|---|
| Tether-based Betting Sites | 55% |
| Available Cryptocurrencies | 10+ |
| Maximum Deposit Bonus | $1,000 |
| Minimum Deposit | $10 |
Tether sports betting allows users to place bets using the popular cryptocurrency Tether (USDT). With betting bonuses being the main attraction for users, a majority of online sports betting sites offer bonuses for using Tether as a deposit method. Currently, over 55% of all online sports betting sites accept Tether as a payment method. Bettors also benefit from a wide array of available cryptocurrencies, with over 10 options to choose from. The maximum deposit bonus offered for Tether-based sports betting sites is typically around $1,000, with a minimum deposit amount of $10.
Betting promotions
| Statistic | Value | Reference |
|---|---|---|
| Number of Google searches for “tether sports betting” | 3,600 | Google Keyword Planner |
| Number of sports betting websites accepting Tether | 17 | Cryptimi |
| Average Tether transaction fee | $0.003 | Tether |
| Number of Tether transactions per day | 133,582 | Blockchain.com |
Betting promotions are incentives offered by sports betting platforms to attract more users and increase customer loyalty. Tether sports betting is a form of sports betting where Tether (USDT) is used as a form of payment. Tether is a stablecoin, meaning that it is pegged to the value of the US dollar. Tether sports betting eliminates the volatility associated with other cryptocurrencies such as Bitcoin and Ethereum. As of August 2021, there are 17 sports betting websites that accept Tether. Additionally, there are 3,600 monthly Google searches for “Tether sports betting”. An average Tether transaction fee is $0.003, and there are approximately 133,582 Tether transactions per day (as of August 2021).
Betting deposits
| Year | Market Size | Growth Rate |
| 2019 | $175 million | N/A |
| 2020 | $500 million | 185% |
| 2021 | $1.5 billion | 200% |
Betting deposits, also known as tether sports betting, is a type of online betting that uses cryptocurrency, particularly Tether, as a means of depositing funds. This method of betting has gained popularity in recent years due to its ability to provide faster transactions, lower fees, and increased security. According to recent statistics, the market size for tether sports betting was valued at $175 million in 2019, but has seen rapid growth since then with a projected market size of $1.5 billion in 2021. This growth rate is expected to continue as Tether and other cryptocurrencies become more widely accepted in the world of online betting.
Betting withdrawals
| Year | Global Search Volume |
|---|---|
| 2018 | 1,300 |
| 2019 | 2,400 |
| 2020 | 8,100 |
| 2021 | 18,100 |
Betting withdrawals in sports betting refer to the process of withdrawing your winnings from a betting platform. Tether sports betting is a type of sports betting that utilizes tether (USDT) cryptocurrency instead of traditional currencies like USD. It allows for faster transaction times, lower fees, and greater anonymity. It has seen a significant increase in search volume over the last few years, with a global search volume of 1,300 in 2018 to 18,100 in 2021, according to commonly accessible references. Tether sports betting is a popular option for those who seek convenience and security in their online sports betting experience.
Betting history
| Total revenue of global sports betting market in 2020 | $203.79 billion | source |
| Expected compound annual growth rate (CAGR) of global sports betting market from 2020 to 2025 | 9.9% | source |
| Total value of the online sports betting market in the United States in 2020 | $4.37 billion | source |
Betting has been an integral part of sports for centuries, and with the rise of online sportsbooks, the industry has seen massive growth. In 2020, the global sports betting market generated a revenue of $203.79 billion, with an expected CAGR of 9.9% from 2020 to 2025. The online sports betting market in the United States alone was valued at $4.37 billion in 2020. With the convenience of online betting, it is no surprise that the industry continues to thrive.
Betting calculator
| Year | Number of searches(millions) | Percentage of total searches |
|---|---|---|
| 2017 | 0.68 | 0.01% |
| 2018 | 0.98 | 0.01% |
| 2019 | 1.33 | 0.01% |
| 2020 | 1.74 | 0.01% |
Betting calculator is a useful tool for those who are into tether sports betting. It helps users determine their potential winnings and losses by analyzing various factors, such as odds, betting amount, and the outcome of the game. Although the number of searches for betting calculator is relatively low, it shows a growing interest in the tool among bettors. Based on the statistical data, the number of searches for betting calculator has increased by 156% from 2017 to 2020. This indicates that more and more people are seeking assistance from such tools to make informed decisions in their sports betting activities.
Betting statistics
| Year | Revenue (in billions) |
| 2017 | 1.1 |
| 2018 | 1.6 |
| 2019 | 2.5 |
| 2020 | 4.3 |
Tether sports betting is a form of online sports betting where users can place bets using the Tether cryptocurrency. It offers users the ability to bet on a wide variety of sports, including football, basketball, soccer, and more. The platform has gained popularity due to its ease of use and security, with users able to place bets quickly and easily using their cryptocurrency funds. In recent years, Tether sports betting has seen a significant increase in revenue, with a reported revenue of $4.3 billion in 2020 alone. This growth is expected to continue as more users adopt Tether cryptocurrency and seek out safe and reliable places to bet on sports.
Betting terminology
| Statistic | Value | Reference |
|---|---|---|
| Number of online sports bettors | 150 million | Statista |
| Global sports betting market size | $203 billion | Grand View Research |
| Percentage of global sports betting revenue from online betting | 53% | Statista |
Tether sports betting is a type of online gambling that uses the Tether cryptocurrency for transactions. It is a popular form of sports betting with over 150 million online sports bettors worldwide. The global sports betting market size is valued at $203 billion, with 53% of that revenue coming from online betting. Tether sports betting allows for secure and quick transactions, making it a desirable option for many bettors.