Best Litecoin Sports Betting Sites

The sites presented have been reviewed by

Reviewer face
Reviewer face
Zachary R., Kathleen M.
Accepted currencies
Litecoin, Bitcoin, Ethereum, Bitcoin Cash, XRP, Stellar, Cardano, Tether, USD Coin
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+13
Available in
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This site contains affiliate links. If you click on one, we may earn a commission.

Intro

Welcome to our exclusive guide outlining the best Litecoin betting sites available in 2022.

The extraordinary number of sports betting sites available makes it hard for players to determine the right sites for their needs, which is where our information comes in handy.

That being said, we understand your desire to immediately learn about the top 7 sports betting sites that accept Litecoin for 2022.

Without further ado, we’re happy to announce our list includes:

Best Sites

1.

BetOnline

Sports Rating 8.70
Available in
Available in United States
8.70
Bonus: 
50% Welcome Bonus up to $1,000
Description: 

BetOnline is an online casino with higher than average betting limits. It offers sports betting, poker, casino, esports, and lots of bonuses throughout the year.

General Information

Year founded: 
2004
Cryptocurrencies: 
Litecoin
Ethereum
Bitcoin
Bitcoin Cash
XRP
Stellar
Cardano
Tether
USD Coin
Dogecoin
Solana
APEcoin
Avalanche
Binance Coin
Chainlink
Polygon
SHIBA INU
Languages: 
English
Licence(s): 
Panama Gaming Commission

Anonymity

BetOnline does not offer anonymity. You must provide your country, postal code and phone number just to open an account. 

Reputation

BetOnline has a fair reputation depending on who you ask. They offer a wide variety of betting options but there are also many complaints against them.

Play on BetOnline
2.

Bovada

Sports Rating 8.48
Available in
Available in United States
8.48
Bonus: 
Up to $3000 in welcome bonuses
Description: 

Bovada.lv is a famous sports betting and casino brand founded in 2011. 

General Information

Anonymity

Bovada.lv doesn't allow anonymous gambling, and players must leave their personal information during registration.

Reputation

Bovada.lv stands out with a solid reputation thanks to Curacao's official license and SSL security license.

Pros and Cons

Play on Bovada
3.

BetUS

Sports Rating 7.80
Available in
Available in United States
7.80
Bonus: 
200% crypto Bonus - JOIN200, 20% cash Bonus - 20CASH, 250% casino Bonus - CAS250, 100% Crypto Sports Bonus - SU100CRYPT
Description: 

This review of BetUS details everything any potential gamblers need to know. We cover everything from the reputation to the bonuses and promotions on the platform.

General Information

Anonymity

You are unable to create an anonymous account. BetUS requires you to input your name, phone number, and even your address in order to place any bets. 

Reputation

BetUS does not have a great reputation. They have a good track record of users being able to deposit & withdraw cryptocurrency easily but that is not the case with cash or bank deposits and withdrawals. 

Pros and Cons

Play on BetUS
4.

GTBets

Sports Rating 7.75
Available in
Available in United States
7.75
Bonus: 
150% Cash Sign-up Bonus
Description: 

GTBets is a sports betting venue that also offers a nice selection of casino games for every taste.

General Information

Anonymity

There is no anonymous play at GTBets. KYC is required by your sixth deposit.

Reputation

GTBets has a good reputation among players, but there is no information regarding ownership. That being said, with almost no complaints they appear to be a trustworthy site. 

Pros and Cons

Play on GTBets
5.

Looselines

Sports Rating 7.30
Available in
Available in United States
7.30
Bonus: 
Get a 100% bonus, up to $2000 on your first deposit!
Description: 

An in-depth look at Looselines; an online casino and sportsbook. Is Looselines legit? This review will allow you to decide if Looselines is right for you.

General Information

Anonymity

Looselines allows you to create an anonymous account using just an email and a digital wallet. This feature is valuable as it allows you to retain your identity and limits the amount of data that can be compromised. 

Reputation

Other than finding out that Looselines is a subsidiary of Jazz Sports, I was unable to find any information about the owners. This can be an issue but is often common practice amongst online casinos.

Pros and Cons

Play on Looselines

Why Should I Make the Switch to Litecoin on Sports Betting Sites?

You might want to try LTC betting sites but remain curious about whether you should register.

Despite plenty of media mentions, the cryptocurrency market remains a mysterious entity to many people.

However, we firmly believe that once you register with a reputable betting site and play with Litecoin, you’ll never want to use a ‘conventional’ site again.

Why? Keep reading to find out!

Each year, the value of fiat dwindles

Fiat is a government-issued currency backed by the government that issues it rather than a physical commodity like gold.

It has no intrinsic value, and its worth is determined by economic supply and demand and interest rates, among other things.

Examples of well-known fiat currencies include the U.S. Dollar and the Euro.

One of the major risks of any fiat currency is hyperinflation, a scenario where its purchasing power decreases.

Recently, the Federal Reserve Bank of St. Louis analyzed inflation and found something disturbing.

In 2021, the bank gave the dollar a value of 37; bad news compared to the value of 100 the same entity gave the currency in 1983.

In layman’s terms, the dollar’s purchasing power is just 37% of what it was in 1983

Even worse, wages haven’t risen anywhere near as quickly in the intervening period.

Remarkably, the average annual wage raise has been less than 1% since 1979, a long way below the inflation level.

Therefore, fiat currency is literally making us all poorer!

Why is fiat still around?

Fiat currencies ensure governments retain control of their respective economies.

Banks also love fiat because they have immense power over its usage too.

It is time for us to move away from fiat, and Litecoin is the future of money.

If you’re concerned about a loss of purchasing power, digital assets can help keep your savings safe from the ravages of inflation.

Privacy

Sports betting sites regularly make the process of depositing cash a real hassle.

Realistically, you can’t use your debit/credit card or deposit via a bank transfer.

Those who have an occasional bet on a betting site quickly understand that banks often have a low tolerance for this process.

Suppose a betting website deposit appears on your bank statement; you’ve all but guaranteed you’ll never receive approval for a loan.

We know of many punters who were refused a mortgage simply for using such sites.

Even if you’re only a casual user, this is likely the case.

LTC changes the game because it keeps banks in the dark.

The decentralized nature of digital assets means you can use them without the oversight of the financial industry.

In other words, when you deposit Litecoin on betting companies, your bank will never know.

These transactions remain off your bank statement, and you can do whatever you like with your money.

Crypto could continue to rise in value

There’s no question that Litecoin is volatile with rapid rises and falls a regular occurrence.

Yet, there’s little question that holding on to a well-known digital asset could yield rich rewards in the long run.

Even though the market cap of all cryptocurrencies has burst through the $1 trillion mark, this figure represents only a tiny fraction of what it could achieve.

According to Forbes, the world’s combined wealth is well above $400 trillion, meaning Litecoin’s value has probably only started to swell.

In contrast, the real-world value of fiat currency continues to fall, and the only way is down.

By using Litecoin on betting companies, you could see an increase in the value of your account, regardless of how often you use it.

Get past geographical restrictions

There are a few countries that prohibit any form of gambling.

If you happen to live in such a location, you can forget about playing on a regular sports betting site.

This is because your use of fiat currency is easy to detect.

Yet, if you intend to break the law, you can find a Virtual Private Network (VPN) to remain hidden when you use LTC sports betting sites.

VPNs create a private network connection, ensuring users can browse online privately.

When you use Litecoin on sports betting sites, you also enjoy a significant degree of anonymity.

This is a combination that enables you to bet regardless of your country’s laws.

Certain end-to-end LTC sports betting sites don’t care if customers live in a nation where betting with money is against the law.

Disclaimer

In outlining the above, we’re merely highlighting a loophole that one can exploit.

We are NOT advocating or encouraging any form of illegal activity.

If you try to gamble illegally and get caught, you can expect grave consequences.

In the UAE, for example, gamblers can be jailed for up to two years!

Also, let’s face it, any LTC betting site that encourages illegal wagering is probably not the most trustworthy!

After all, what’s stopping the site from keeping your money and closing your account once they find out where you live?

Breaking the law is no laughing matter, and we take no responsibility or liability if you go ahead and suffer the penalties.

Please don’t say we didn’t warn you!

Financial freedom

Not only does Litecoin act as a hedge against inflation, but it also keeps control of your money firmly in your hands.

With no bank interference, things suddenly get a whole lot easier.

Crypto is widely adopted

In the early years of cryptocurrency, Bitcoin generated the lion’s share of attention.

However, times have changed, with dozens of other digital currencies now grabbing headlines.

There is a widespread acceptance of crypto in the ‘mainstream’ as its use certainly isn’t confined to online betting.

Although most countries don’t consider cryptocurrency legal tender, a significant number allow its use.

One exception is El Salvador, which adopted Bitcoin as legal tender in September 2021.

Realistically, other nations will follow, with Paraguay and Panama likely candidates.

Crypto enhances your financial freedom

With Litecoin, you have the freedom to deposit and withdraw on sports betting companies as you please.

Unfortunately, it is a very different situation when you try using fiat on sports betting companies.

For instance, in Britain, a regulation introduced in April 2020 caused chaos because few people knew about it.

When people completed their first deposits on betting sites, they didn’t realize that the bank would prevent them from accessing their accounts.

If that wasn’t bad enough, banks took their sweet time when it came to lifting these restrictions.

In the end, customers were told that there would be consequences if they looked to make additional deposits.

With Litecoin, you don’t have to worry about this scenario when using a reputable LTC betting site.

Faster Payouts

If you’ve ever used a traditional betting site, you’ll know that payout speed is best described as ‘torturously slow.’

This is because these sites interact with the banking system and deal with a huge amount of red tape.

A relative absence of regulation with sports betting sites with Litecoin means they have a major advantage.

This doesn’t mean there are NO regulations; entities such as the Curaçao Gaming Authority oversee the industry.

Nonetheless, red tape is kept to a minimum, meaning lightning-quick transactions.

Those who champion Litecoin point out that digital currencies are known for allowing super-quick payouts.

Contemporary

A few traditional sites permit you to use Litecoin.

Don’t be fooled! These sites still have the same problems with restrictive withdrawal limits and sluggish transaction speeds.

Once you factor in the poor design and low-quality customer support, it becomes clear that you can usually do better.

In contrast, LTC betting sites are the future and provide most of the features a modern gamer is looking for.

With better design, well-trained customer service agents, and a vast array of bonuses, these sites bring things to a whole new level.

High deposit and withdrawal limits

The transaction limits imposed by traditional betting sites are an issue if you’re a high roller.

You might find that it’s possible to deposit a lot of money but discover that taking out similar sums is impossible.

Why? That’s simple. It’s common for sports betting sites to limit withdrawals.

You’ll likely have to give even more personal information to get what’s rightfully yours.

Also, practically every traditional betting site will either suspend your account or restrict how much you can bet if you happen to win too often.

By this point, betting on such sites isn’t worth your while since you can’t risk more than a handful of dollars at most.

The relatively low level of regulation associated with Litecoin betting sites enables them to allow more generous withdrawal limits.

Our team was stunned to find a few sites without any transaction limits whatsoever.

Furthermore, if you tend to win while betting, you might find that it takes longer to suffer restrictions and account suspensions.

Relevant Factors When Picking Litecoin Betting Sites

Your criteria for picking the best LTC betting site may not be the same as the next person’s.

We recognize that every user is different, so we analyze multiple aspects of the Litecoin betting websites we review.

Below are some of the most relevant.

Sports and sporting markets

The top-ranked LTC betting sites on our list can match or even exceed the range of sports and markets that standard betting sites let you wager on.

There is something for everyone from football to virtual sports and everything in between.

Additionally, there are more markets to bet on than you can count, so use your Litecoin wisely!

When it comes to wagering on sports, it is all about getting the best odds if you want to win in the long run.

It is worth analyzing the odds available on several LTC betting platforms to see which one provides the best value.

Over time, you might find that a specific site offers better prices than the rest or that one provides poor value.

Overall, finding out if a site can meet all your needs requires additional work, including a thorough analysis of its sport and market variety.

Is the Betting Site end-to-end crypto or not?

The difference between betting sites that accept LTC and specifically end-to-end crypto sites is massive.

Keep reading to learn why you could lose money by making the wrong choice.

Conventional Betting Websites

It is folly to believe that traditional sports betting sites which happen to permit LTC are useful.

Once you put Litecoin into your account, it’s the last time you’ll see it for a while.

As soon as the crypto goes into the site, it becomes fiat and only reverts to its digital form upon withdrawal.

In other words, your account never actually contains Litecoin.

If that isn’t enough to put you off the process, you also pay deposit and withdrawal fees.

Therefore, if you believe Litecoin’s value will increase, you must use an end-to-end Litecoin betting website instead.

End-to-end LTC Betting Websites

As you can probably guess, end-to-end betting platforms that accept LTC allow you to perform all transactions in digital coin form.

As a result, your balance is shown in cryptocurrency, so you could profit if its price rises but lose money if the price falls.

Also, most high-quality LTC sports betting sites enable users to play with more than one digital coin.

If you’re considering an end-to-end crypto site, here are a few things you should look for:

  • Anonymous play

  • Quick deposits and withdrawals

  • A relative absence of transaction limits

  • Unfortunately, some betting websites with Litecoin fail to provide the above, so we invite you to go through our reviews to find the ones that do.

Bonuses

For many betting company users, a site’s bonus offering is a crucial consideration.

We investigate this section thoroughly by dividing it into three distinct groups.

Are the promotions worth your time?

Don’t focus solely on the number of promotions a site offers; the quality is far more important.

Daily promotions can seem like a good thing, but you’ll often find that they carry a ton of stipulations.

In fact, conventional sports betting sites usually have little interest in spending time and effort on worthwhile promotions.

Instead, they offer bonuses with many stipulations that are almost impossible to benefit from genuinely.

These days, LTC betting sites blow their old-fashioned counterparts out of the water when it comes to promotions.

The result of better rewards is a vastly improved user experience.

VIP benefits

Traditional casinos often treat loyal customers to perks such as free dinners and luxury accommodation.

While sports betting sites with Litecoin can’t replicate the above, they can implement VIP programs to ensure players return for more.

Top-rated sites tend to push the boat out in the knowledge that if they don’t, someone else will.

Many sites use points reward systems where players earn a point for every dollar they spend on a site.

You may receive $10 with no catches in the above example once you ‘earn’ 1,000 points.

Such a program automatically rewards individuals who spend a lot of money on a betting site.

Other examples of VIP programs include giving players a special customer service agent and bonuses on special occasions such as birthdays.

However, there are Litecoin betting websites that offer VIP programs in name only.

Our Litecoin sports betting site reviews include detailed information on the standard of VIP programs available.

The welcome bonus

It is standard practice for Litecoin betting sites to provide a welcome bonus for new players.

Such sites work hard to convince you that they’re doing you a favor.

Especially if the site gives you a bonus worth the same as your first deposit.

Suppose you deposit $200, the LTC betting website ‘rewards’ you with another $200.

Sadly, it is inevitable that there’s a planet-sized catch involved!

Namely, the fact that you can’t withdraw a cent from the LTC betting site until you bet with a minimum of 30 times your deposit.

Let’s say you deposit $200; there’s no possibility of a withdrawal unless you make $6,000+ worth of bets.

As such, you’re going to lose that $200 unless you have a massive win, which is highly unlikely.

With this in mind, it makes sense to investigate a site’s promotions and VIP package instead.

Payments

Sports betting sites with Litecoin unable to provide flexibility regarding payment methods will cause frustration, irrespective of its features.

When reviewing these sites, we look into withdrawal speed and limits, along with the number of cryptocurrencies you can use.

Speed of withdrawals

If you want rapid transactions, Litecoin should be your currency of choice.

While some digital currencies can process a few transactions per second, others can perform tens of thousands.

Users of betting sites accepting Litecoin expect fast access to their money, and the best sites comply with virtually immediate withdrawals.

You can rely on us to inform you of the sites with the best withdrawal times, as well as warning you of slow-acting sites.

Crypto variety

There are thousands of cryptos to choose from, with developers creating new ones at an astounding rate.

Sadly, the majority of these digital assets will fail.

As a result, you shouldn’t expect Litecoin betting sites to offer you the option to use dozens of digital assets.

Nonetheless, it should support Bitcoin and Ethereum at the very least, along with a few others that have serious potential.

What are the withdrawal limits?

Conventional betting sites are notorious for implementing irritatingly low withdrawal limits.

It is standard for such sites to keep withdrawal maximums to $10,000 per week, and this is the best-case scenario!

The above might seem okay until you hit a five-figure payout, only to discover that you can’t spend your money for weeks.

Thankfully, top-rated Litecoin betting sites enable users to withdraw substantial sums.

In fact, a growing number of companies are allowing unlimited withdrawals.

Now, it is possible to transfer a massive win in seconds; the hard part is winning the money!

Litecoin Betting Site Reputation

The permanent nature of Litecoin transactions is a great feature, but it can also cause major problems.

Without putting pressure on you, a slight mistake during a transaction is enough to lose everything you send.

This is also the case if you register with a dubious sports betting site that accepts LTC that steals your cash.

Litecoin is decentralized, meaning there is no banking entity to listen to your complaints and act upon them.

As a result, you must find as much relevant information on Litecoin sports betting sites as possible before using them.

While we encourage you to conduct research, we also invite you to read our reviews.

As well as delving into every Litecoin betting website as players, we find out everything we can from actual site users.

The result is a review that highlights a site’s trustworthiness and any red flags.

Can you Bet in your country?

There are plenty of countries worldwide that prohibit gambling.

Regrettably, people in such countries register with LTC betting sites, believing they can get away with wagering.

The betting sites that accept LTC on our top-rated list make sure they’re available to users where gambling is legal, giving them the option to bet on casino games or sports.

Those who look to create an account from an illegal country cannot do so.

In contrast, scam LTC sports betting sites don’t care about legality and allow you to join no matter where you live.

Such sites get away with it by pretending they weren’t aware that the registering party lives in a place where gambling is illegal.

As soon as you make a deposit, they demand verification documentation, close down your account, and keep your money.

One workaround is to invest in a VPN to avoid geo-restrictions.

Well-respected betting websites with LTC will quickly suspend you if they uncover your deception, but you should get your account balance back.

Even if you don’t lose money in the end though, you’ll have bigger problems if law enforcement in your country catches you!

Customer service standard

The importance of reliable customer service can’t be overstated.

Without one, you’re completely lost if anything untoward happens on the sports betting site that accepts Litecoin.

No matter the issue, if there’s an experienced and helpful agent around, you’ll feel less frustrated.

All of our reviews feature relevant information on a site’s attitude towards customer service.

CryptoManiaks reviewers get in touch with the site’s customer service team, noting how quickly an agent responds and whether they were helpful.

Does the Litecoin Betting Site Provide a Diverse Range of Betting Options?

The Litecoin betting site sphere is hotly contested, and only sites that offer a superb range of sports and markets will succeed.

Our team investigates the different sports markets available on each site it reviews to help you decide if they are suitable for your betting style.

Litecoin Sports Betting Site Sports & Betting Markets

Those who enjoy sports betting will love the remarkable choice provided by betting sites with LTC.

Our Litecoin sports betting site reviews probe each site’s range of sports, the variety of markets, and whether users receive value odds.

After all, if you fail to get the best value prices, you significantly reduce your chances of profiting in the long term.

Now, let’s look into five sports that captivate crypto site users and their best-known markets.

eSports

The electronic sports market has attained legitimacy amongst the public.

Indeed, eSports attracts an audience of several hundred million fans, making it incredibly lucrative for top performers.

eSports consists of world-class video gamers testing their skills in specific leagues.

Popular games include Counter-Strike: Global Offensive (CS:GO) and League of Legends (LOL).

If you’ve never bet on eSports before, you might be surprised to see markets similar to traditional sports, including:

  • Match lines

  • Event winner

  • Match handicap

  • First kill

  • Map totals

If you’re planning to bet on esports, learning as much as possible about them is essential.

However, we’ve created an overview of five well-known games on Litecoin sports betting sites to help you get started.

Rainbow Six: Siege

Developed by Ubisoft in 2015, Rainbow Six: Siege is now regarded as one of the top esports games.

It is a First-Person Shooter (FPS) where teams of five defend or attack.

With over 50 operators to choose from, players are spoiled for choice.

However, there are many strategic considerations in choosing a character, much like in League of Legends and DOTA 2.

The fact you can wreck terrain, unlike in other FPS games, gives Rainbow Six: Siege an added edge.

This offers gamers new ways to win a shootout or get inside a building occupied by opponents.

Call of Duty

Often abbreviated to CoD, Call of Duty is among the world’s most popular First-Person Shooter (FPS) games.

In esports, Call of Duty involves two teams of players facing off against one another in numerous game modes, including:

  • Hardpoint: Each team receives points for each second they’re in control of the important ‘hardpoint’ area

  • Domination: Each team aims to control three static objectives (marked by flags) and receives points for maintaining their hold of the flags

  • Search and Destroy: In this attack versus defense scenario, attackers plant and detonate bombs at one of the two available sites, while defenders must stop them

The Call of Duty League attracts the best players in the world.

DOTA 2

With more than 100 characters to choose from, DOTA 2 is a multiplayer online battle arena (MOBA) game with huge scope.

Competitive DOTA 2 sticks to the “two teams with five players apiece” esports formula.

In the game, the goal is to destroy a huge structure on enemy territory known as the “Ancient.”

DOTA 2 is one of the world’s most played titles and is also widely watched on Twitch, a streaming platform.

With 30 teams involved, The International is the #1 DOTA 2 event and takes place annually.

League of Legends

Developed by Riot Games and released in 2009, League of Legends (LOL) is a popular MOBA played by professional gamers.

Competitive LOL features two teams of five who try to destroy each other’s base, called the “Nexus.”

Pros pick one of the 130+ characters available and must note the different attributes of each before making a selection.

Throughout the game, players must finish challenges to boost their character’s power and give their team an edge.

The LOL World Championship is an annual event, and the winning team gets to bring home the Summoner’s Cup, which weighs approximately 70 pounds.

FIFA

The World Cyber Games began in 2001, and FIFA Football was an official game at the very beginning.

Given the sport’s popularity, it’s no surprise that players from dozens of countries worldwide compete in regional tournaments.

Successful players are allowed to participate in the Regional Playoffs, an important part of the FIFA Global Series.

One issue with the game is relying on AI to control 10 of the 11 players on the pitch since FIFA is a one-person enterprise.

However, FIFA retains a massive fanbase, so there’s little doubt that it will continue to be a major esports game.

Essential information when Wagering on virtual sports

In virtual sports, the outcome of each event is decided by a random number generator (RNG).

Those who bet on virtual sports should understand that everyone sees the same outcome.

The betting site that accepts Litecoin is unable to fix the result because the algorithm used is entirely random.

You’ll quickly find that virtual sports markets seem familiar because they replicate their real sports counterparts.

Since the ‘competitors’ never feel exhausted, LTC betting sites have the option to offer events every few minutes.

This means you have at least several hundred chances to wager on any given day.

What virtual sports are available to Wager on?

sports betting sites with Litecoin know how popular these events are and are continually expanding the available sports.

These include darts, basketball, and soccer.

Once you place your wager, the event begins with everything decided completely at random.

As there is no form or other factors to consider; winning or losing is purely down to chance.

There are greyhound races every 60 seconds, with cricket fixtures usually occurring every four minutes.

Virtual sports can prove very entertaining if you only bet what you can afford to lose.

What virtual sports markets are available?

Those who bet on real sports will recognize all of the markets available in virtual sports.

You might be surprised by the range of options, even if the markets are often simplistic.

Cricket might let you select the number of sixes in a match or run total, while you can bet on the following markets in soccer:

  • Fulltime result (Home, Draw, Away)

  • Correct Score

  • Double Chance

  • First Goalscorer

  • Handicap Markets

Overall, those who use betting sites with LTC to bet on these events sometimes find the differences between them and real sports appealing.

If you’re interested in discovering the upsides and downsides of virtual sports, keep reading!

Virtual sports advantages

  • There are hundreds of events every single day

  • As long as you use a reputable Litecoin sports betting site, there is no chance of the event’s outcome being rigged

  • You don’t have to worry about injuries, weather conditions, or form when making wagers

  • As there are events every few minutes, you never have to wait long to get involved

  • There is absolutely no skill involved whatsoever

Virtual sports disadvantages

  • As an RNG decides the results, there’s no possibility of gaining a statistical advantage

  • The betting site with LTC always has a decided house edge

  • Although it is convenient to have games every few minutes, it is easy to gamble away huge sums of money in a short period

  • sports betting sites with Litecoin try their best, but the number of markets remains limited compared to real sports

  • There’s no question that virtual sports lack the excitement generated by their real-world counterpart

Benefits and Drawbacks of Using Litecoin on Sports Betting Sites

Using Litecoin for betting could be hard to understand, especially for beginners.

Be sure to learn more about LTC, if you want to use it for betting.

Guide to Litecoin

LTC is a cryptocurrency created in 2011, by Charlie Lee.

Thanks to its open-source nature, Litecoin is not controlled by central authorities.

While having similar features to BTC, LTC has a diverse algorithm.

Litecoin looks to become a channel for regular transfers.

The initial supply of LTC was 84 million coins along with 150 pre-mined coins.

Advantages of using Litecoin

Take a look at some Litecoin pros when using it for betting.

Litecoin transfers are prompt

When making payments and withdrawals on betting platforms, you will enjoy swift transactions.

When it comes to LTC block processing time, it is around 2.5 minutes.

Litecoin deposits are instantly available betting account, so you can start with the first bets.

Litecoin works as a decentralized crypto

Because it’s decentralized no one can control your betting funds, so you can enjoy your time on betting platforms.

Moreover, LTC works as an open-source network and anyone can track the changes in the protocol.

Litecoin is a flexible option

If you use Litecoin for betting, you will appreciate its flexibility.

Litecoin is a good option for betting because of its capability to process 56 transfers per second.

Drawbacks of using LTC

Take a look at some downsides of using Litecoin for betting.

LTC is not a credible option

This could deter you from using LTC for wagering and turn your focus to alternative options.

Some reliability concerns were raised when Charlie Lee sold his LTC holdings in 2017.

Litecoin is typically attached to the dark web

If you want to use LTC for betting, you should know that crypto is the second-most utilized option on the dark web.

This is a huge deterrent for anyone using LTC for betting or any other transaction.

Litecoin has some branding issues

If you use Litecoin for betting you may confuse with BTC.

Similar names may be the reason for confusion when wagering on Litecoin betting sites.

Many people associate Litecoin with BTC, without seeing a difference between the two betting methods.

The Best Litecoin Betting Sites on the Market: Last Words

If you love betting, you should be thrilled that it’s possible to do so using digital currency.

It often gives you a chance to bet anonymously, meaning no oversight from the banking system.

The number of LTC betting websites available is expanding rapidly, but they’re far from being of a similar standard.

Given that it is a nascent industry with lax oversight, there are sadly lots of shady operators.

As a result, we take a long time to examine what each Litecoin betting site has to offer.

The ensuing reviews look into a site’s reputation, payment methods, withdrawal speed, and betting options, among other things.

Yes, we think that digital currency works brilliantly on sports betting sites, but it is also likely to take over the world of finance in due course.

Therefore, we invite you to read our reviews and determine which LTC betting sites meet your criteria.

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Written by

Greg S.

Greg is a digital marketing strategist based in California. He first became involved in the world of blockchain in 2017 by producing content for a number of cryptocurrency projects. Greg is passionate about the changing world of tech, digital marketing, and the potential for blockchain to democratize everything from banking to voting and beyond.

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