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Litecoin Betting

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The average completion time for Litecoin transactions is 2.5 minutes. That’s approximately four times faster than the transaction speed of its notorious predecessor, Bitcoin – crucial moments when your favourite team is about to start playing and you’re hoping to get one last pre-match bet in. It's obvious why Litecoin betting is on the rise. 

On this page, we’ll discuss the advantages of betting with Litecoin, what types of sports and events you can bet on, review the different types of betting bonuses and promotions, and we’ll introduce you to the best Litecoin betting sites around.

Best Litecoin Betting Sites ⭐️

Since Litecoin was one of the earliest cryptos to grace us with its presence, it’s not surprising that it’s one of the most accepted virtual currencies at online casinos and bookmakers. Litecoin betting sites make up a large portion of the online betting market, which means there are plenty of sites to bet at.

We help lighten the load when it comes to choosing reputable, safe Litecoin betting sites. Choose any of these Litecoin betting sites for unbeatable odds and some of the lowest margins in the online sports betting arena.

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18+ | T&C's Apply | Responsible Gambling is important. Never gamble with money you can't afford to lose.

Can I Deposit and Withdraw with Litecoin? 💸

Litecoin (LTC) is a cryptocurrency that can be used to buy things, transfer funds, and gamble online at real money online casinos and betting sites. Betting with Litecoin is considered real money gambling because Litecoin is worth something. You can sell it for real money and trade it for profits. Litecoin betting sites are more than happy to accept Litecoin deposits.

Before you can bet at Litecoin betting sites, you have to deposit LTC into your sportsbook account. That’s how gambling works. Since you’re depositing and betting with LTC, you’ll also be able to withdraw your Litecoin balance.

Litecoin deposits and withdrawals are straightforward. You transfer LTC from your virtual wallet to your Litecoin sportsbook balance when you deposit, and the sportsbook sends LTC to your virtual wallet when you withdraw. Transactions are fast, secure, and anonymous – three characteristics of crypto gambling that keep attracting new bettors.


Frequently asked questions about Litecoin Betting

🔓 Is Litecoin betting safe?

Betting with Litecoin is just as safe as betting online with regular currency as long as you are placing bets with a trusted Litecoin gambling site.

❣️ What is the best Litecoin betting site?

This depends on your gambling preferences and what you prefer betting on. If you enjoy betting on rugby then you should bet with a site that offers good odds for rugby teams that you prefer to back. If you would like to claim a betting bonus then you should sign up at a Litecoin betting site that offers bonuses to new and regular players.

🤑 Can I get a Litecoin betting welcome bonus?

Yes, you can. Litecoin betting sites are well-known for offering some very decent Litecoin welcome bonuses. Look at our list on this page for some of the best bonuses available.

🙅‍♂️ Can I deposit with Litecoin at all betting sites?

No. Not all betting sites accept Litecoin deposits.

💱 Do all Litecoin betting sites offer LTC withdrawals?

No. Most Litecoin betting sites support LTC deposits and withdrawals while others only support LTC deposits.

⛔️ Do I have to deposit LTC at Litecoin betting sites?

No, you don’t. There are very few Litecoin betting sites that support Litecoin deposits exclusively. Most sites let you choose between several cryptocurrencies and fiat currencies when you deposit.

⏱ Do Litecoin betting sites process instant cashouts?

No, most of them don’t. Litecoin betting sites may fast-track your withdrawals if you’re a regular player. However, new players will usually have to complete the verification process before withdrawals are released.

📱 Can I bet online with Litecoin on my smartphone?

Yes. Litecoin betting sites are at the forefront of modern technology. They are developed with smartphones and tablets in mind. You can access the best Litecoin betting sites from any device.

Litecoin Betting Deposits Explained 👛

Litecoin deposits are fast and seamless. All you need to get started is a positive LTC balance in your digital wallet. If you haven’t got a digital wallet yet, it’s probably time to get one. You can buy Litecoin using fiat currency on crypto exchanges and store the Litecoin in your digital wallet. You can also use your LTC currency to bet on sports, events, esports, and virtual sports at the best Litecoin betting sites.

To initiate a Litecoin deposit, choose LTC as your currency and then click on the deposit button to start the process. The deposit window that launches will provide you with your private depositing address for Litecoin deposits at that sportsbook. You can copy the address by clicking on the link or you can scan the QR code if you are using a smartphone or tablet.

Once you have copied your depositing address, it’s time to send your deposit to the sportsbook. Follow these steps to complete the transfer of crypto:

  1. Log into your virtual wallet.
  2. Navigate to the ‘transfer’ area of your wallet by clicking on the send or transfer button.
  3. Enter the amount you want to send in the field provided.
  4. Paste the depositing address provided by the Litecoin betting site into the address field in your wallet.
  5. Click confirm, proceed, transfer, or send.

The deposit process may be slightly different depending on the sportsbook you are betting with, and depending on your virtual wallet provider. However, the steps are always very similar. You can’t go wrong since the Litecoin betting site will give you detailed prompts to help you along the way.

Withdrawing Your Litecoin Winnings 💰

Withdrawing your LTC from a Litecoin betting site couldn’t be easier. Instead of pasting the betting site’s depositing address into your virtual wallet as you would when you deposit, you simply paste your crypto wallet address into the space provided by the betting site.

The process looks like this:

After you’ve confirmed your withdrawal request, the Litecoin betting site will transfer the LTC to your crypto wallet. You may be asked to verify your account if it’s your first withdrawal, or if the value of the cashout is substantial.

While Litecoin betting sites don’t usually specify an upper limit for withdrawal transactions, they may specify a minimum withdrawal value. The minimum value is typically the LTC equivalent of about ten euros.

Betting Safely with Litecoin ✅

Wherever valuable assets are being traded, there’s a possibility of fraud. Fraudsters are always on the lookout for opportunities to swindle the rest of us. In our opinion, the worst thing that can happen when betting online is trusting a sham betting site.

Fortunately, it’s easy to prevent being taken for a ride by doing your due diligence before depositing at any Litecoin betting site. Here are a few things you can do to keep your Litecoin safe when betting online:

  1. Read reviews to see what other bettors in the online community are saying about the site.
  2. Use the support channels offered by the Litecoin betting sites to speak to consultants. The aim is to check if the site provides a professional support service.
  3. Check to see if the Litecoin betting site has a valid online betting licence. You should cross-reference the licence with the official authorities that issued the licence.

If you choose to bet at the sites that we recommend, you can be sure that the betting licence has been validated and the site has a great reputation amongst crypto bettors.

Advantages of Betting with Litecoin 🖤

The most obvious benefit of using Litecoin to bet online is that it’s one of a handful of cryptocurrencies that top the popularity charts at online betting sites. You won’t have to search too hard to find a Litecoin betting site with attractive odds and a good range of markets.

Here are a few of standout benefits of betting with Litecoin:

Disadvantages of Betting with Litecoin ⚠️

Due to the number of Litecoin betting sites available, you may need to take extra precautions before you deposit. Make sure the site is properly licensed or that it has a good reputation for safeguarding bettors funds.

Other than that, there aren’t many drawbacks to Litecoin Betting. If you compare LTC betting to gambling with regular fiat currency, the following differences become obvious:

What Can Litecoin Be Used to Bet On? 🏋️‍♂️

Betting is a broad term that can describe gambling on the outcome of events, sports, and casino games. In this guide, we have focused mainly on the sports betting side of Litecoin gambling. However, LTC can be used to gamble on just about anything you could probably imagine. You can use it to bet on lotteries or wager with LTC at the live dealer tables and slots at online casinos.

In the past two years, esports has grown exponentially with many bettors turning to this form of betting in the absence of regular international sporting events. Now that regular sports are back on the scene, it will be interesting to see if esports can hold the same share of the market that it did during the peak of the global pandemic.

If you enjoy esports, you may be interested to know that betting on Counter-Strike: Global Offensive made up over 50% of total esports bets in 2020. You can bet on CS: GO at Litecoin betting sites like Cloudbet. Here are some other awesome esports that you can bet on with Litecoin:

Sports Betting with Litecoin ⚽️

Sports fans will be happy to learn that you can bet on all the same sports markets with Litecoin as you can when you are betting with euros, dollars, or pounds. You can place pre-match bets, in-play bets, and get real-time results at the best Litecoin betting sites.

The sports include, but are not limited to:

The action doesn’t stop at sports. Politics is an exciting betting category at many Litecoin betting sites that receives a lot of attention, especially when elections are on the cards.

Promotions & Bonuses with Litecoin Betting 🥇

There are loads of Litecoin betting sites offering bonuses to new players to get them to sign up. It’s important to look at the whole range of services offered at betting sites. Many sites offer enticing bonuses that are difficult to cash out.

We test dozens of betting sites every month and rate them according to the odds, betting markets, bonuses, wagering requirements, licences, and customer support. The sites that make it to our toplist offer the best range of bonuses with the most achievable wagering requirements. Choose these Litecoin betting sites and you’ll be well on your way to cashing out your winning bets.

JPS content teamChristopher Small
The team here at Crypto Casino is led by gambling industry veteran Christopher Small. Christopher was a long time editor at the Times of London before becoming a partner in a casino, betting and all things gambling content agency. Christopher is a founding partner of Content Kings UK, and is well known throughout the online gambling world.
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