Litecoin Betting

Author: Steven D. Thompson

Updated: 15/02/2024 04:43 PM

Litecoin (LTC) is currently one of the leading cryptocurrencies you can use as a payment method at online gambling sites. Much like Bitcoin (BTC), Ethereum (ETH) and Dogecoin (Doge), Litecoin facilitates fast and safe payments at online bookmakers.

Website

www.litecoin.com

Company

Payment types

Cryptocurrency

Deposit

Instant

Withdrawal

Instant

Pros

Fast transaction speeds ensure instant sportsbook deposits
Top-rated Litecoin sportsbooks do not charge any transaction fees
Extremely safe because of anonymous transactions
Players can use Litecoin for sportsbook deposits and withdrawals

Cons

Price volatility - the value of Litecoin keeps fluctuating
No government protection if you lose your Litecoin wallet

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Betting Sites that Accept Litecoin 2024

New Bonus

Rating:

10/10

Excellent

Welcome Bonus 125% up to $1,000

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Pros

The sign-up offer gives you bonus funds on your first three deposits.
Wide range of bonuses for existing customers.
Many pre-match betting markets to choose from.

Cons

You can make only one withdrawal request in seven days.
No mobile betting app.
No live streaming.

Odds Margin: 93%

Extra Features: Casino, Tournaments, VIP Programme

Payment Methods: Litecoin, American Express, Bitcoin, ecoPayz, MasterCard, Paysafecard, Visa

18+ | Gamble responsibly | GambleAware.org | T&C’s apply

Rating:

9.9/10

Excellent

Casino Welcome Bonus 500% up to 90,000 USDT + 100 FS

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Pros

Nice and easy layout
Multiple website languages
Bitcoin casino

Cons

Lack of FIAT currencies
No mobile app
Lack of live streaming

Betting Software: Betradar

Odds Margin: 94%

Extra Features: Bonuses, Casino, VIP Programme

Payment Methods: Litecoin, Apple Pay, Bank Transfer, Bitcoin, Dogecoin, Ethereum, MasterCard, Visa

18+ | Gamble responsibly | GambleAware.org | T&C’s apply

Popular

Rating:

7.2/10

Very Good

Daily Match Bonus 100% up to $1000

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Pros

Generous welcome bonus for newly registered players
Exclusive VIP perks
Crypto-friendly platform

Cons

Limited collection of casino games
Quite long withdrawals
No licence is available

Odds Margin: 93%

Extra Features: Bonuses, Casino, VIP Programme

Payment Methods: Litecoin, American Express, Bitcoin, Bitcoin Cash, BNB, Ethereum, MasterCard, MoneyGram, Tether, USD Coin, Visa, Zelle

18+ | Gamble responsibly | GambleAware.org | T&C’s apply

Trusted

Rating:

7/10

Splendid

Crypto Sign-up Bonus 200% up to $2,000

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Pros

The loyalty program gives enticing rewards to regular bettors.
Cryptocurrency transactions offer various perks.
24/7 phone, email, and live chat support.

Cons

Small withdrawal fee.
No live streaming.
There could be more betting markets.

Odds Margin: 95%

Extra Features: Bonuses, Tournaments, Cash Out Func., Live Streaming, Odds Boost, VIP Programme

Payment Methods: Litecoin, American Express, Bank Transfer, Bitcoin, Ethereum, MasterCard, Visa

18+ | Gamble responsibly | GambleAware.org | T&C’s apply

Popular

Rating:

6.63/10

Splendid

AllWin Deposit Bonus 50 USDT

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Pros

Crypto-friendly sportsbook
Fast withdrawals
No payment fees

Cons

No phone support

Odds Margin: 93%

Extra Features: Bonuses, Casino, Mobile App, VIP Programme

Payment Methods: Litecoin, Binance Pay, Bitcoin, Dash, Dogecoin, Ethereum, Ripple, Stellar, Sticpay, Tether

18+ | Gamble responsibly | GambleAware.org | T&C’s apply

Table of Contents

Sports betting fans can now choose from a wide range of Litecoin betting sites that allow betting on many different sports. If you wish to start betting with Litecoin now, you can pick from our list of Litecoin sportsbooks and sign up to start betting right away.

Overview – What is Litecoin?

Litecoin was founded in 2011 by Charlie Lee, who is a computer scientist and a cryptocurrency enthusiast. Just like Bitcoin, Ethereum and other cryptocurrencies, Litecoin is a blockchain-based cryptocurrency that requires users to mine to generate new coins. The blockchain consists of a common ledger that stores transactions in blocks. And much like Bitcoin and other popular cryptocurrencies, Litecoin is a decentralised digital currency. This simply means that LTC facilitates peer-to-peer transactions without being regulated by a third party or central bank, unlike fiat currencies.

Purchasing and Storing Litecoin for Sports Betting

One notable similarity between Litecoin, BTC and other cryptocurrencies is that users need to purchase LTC and find a wallet to store the digital currency. You can buy any cryptocurrency through cryptocurrency exchange platforms using popular credit cards or debit cards. Some of the best crypto exchange platforms for purchasing LTC include Binance, Coinbase Pro, Kraken, Bitfinex, Gemini and CEX.io.

You will need a crypto wallet to store your Litecoin after purchasing it. You can find many online wallets as well as software wallets, which require downloading and installing an app on your desktop computer or mobile device. The best LTC wallets today include Exodus, Mycelium, Ledger Nano S and Trezor.

How to Use Litecoin in Betting Sites?

Making payments at Litecoin gambling portals is easy even for someone who is betting with Litecoin for the first time. You'll understand what we mean once you purchase your LTC and store it in a wallet. If you're feeling anxious about it, consider following the steps below to make your first deposit at Litecoin gambling sites.

Step 1

Buy and Store Litecoin

People who wish to bet on sports or play online casino games with Litecoin must first purchase and store LTC. We have mentioned some of the best cryptocurrency exchanges for buying LTC and the best Litecoin wallets in this guide. Make use of them to purchase and store LTC for online gambling.

Step 2

Choose a Reliable Litecoin Online Betting Site

Not all gambling websites allow betting with Litecoin, so you need to select a bookmaker that accepts LTC. Our experts have created a list of the best Litecoin bookmakers on this page. You can join any of the recommended bookmakers right now to bet on sports using your Litecoin deposit.

Step 3

Deposit with Litecoin and Grab the Welcome Offer

Go to the section with payment methods, link your gambling account with Litecoin and choose Litecoin as your deposit method. Enter the amount you want to deposit and follow the necessary steps to complete the transaction. Be sure to claim the welcome offer once you deposit.

Step 4

Place Sports Bets with Your Litecoin Deposit

Litecoin sportsbook deposits are pretty fast, so you should receive the funds in your betting account in an instant. Once you do, you can use your deposit and bonus funds or free bets to wager on various sports such as football, basketball, tennis, horse racing and hockey immediately.

Facts About Litecoin Betting

Litecoin vs Bitcoin

One of the best things about many Litecoin bookmakers from the list in the UK is that they also allow players to make payments using Bitcoin. Since its inception, BTC has dominated the cryptocurrency market and is one of the best payment methods at online betting sites. See our comparison of BTC and LTC below.

Litecoin
Litecoin uses blockchain technology and a common ledger
The total number of Litecoins to be mined is 81 million
There are fewer Litecoin betting sites than BTC sites
Litecoin can be used to deposit and withdraw funds
The average confirmation speed for Litecoin transactions is 2.5 minutes
No transaction fees at the best online sports betting sites

Bitcoin
BTC is based on blockchain technology and uses a public ledger
Miners can only unlock up to 21 million BTC
There are more Bitcoin betting sites than Litecoin betting sites
BTC is suitable for sportsbook deposits and withdrawals
The average confirmation speed for BTC payments is 10 minutes
No transaction fees to bet with BTC

Types of Bonuses when Gambling with Litecoin

Our LTC bookmakers will let you place all bet types on various markets with attractive odds. The interesting part is that you can boost your deposit amount with bonuses to place the best UK free bets. We should also mention that many of our Litecoin betting sites also have a casino game section. There, online casino fans can play real money Litecoin slots, jackpot slots, table games and video poker games while using Litecoin as a payment method. Most of these games have a friendly house edge, so the odds of winning are good.

New customers at the sports wagering sites listed here get a chance to scoop different types of welcome bonus offers such as free bets, risk-free bets and first deposit bonus offers. If the selected betting site has a casino section with slot games, players may benefit from bonus spins as well. For existing customers, our LTC wagering sites offer tasty odds boosts, loyalty bonus offers, sportsbook reload bonuses and cashback bonus offers. In case you have difficulty claiming any of these bonuses, contact the customer service team for assistance.

Conclusion

Litecoin sports betting sites are a great option for online punters looking for the best deposit options. Sports punters can enjoy wagering on any sport with Litecoin deposits and cash out their winnings without having to change their payment method. Litecoin is faster than credit and debit card deposits and allows users to make anonymous transactions. Check our LTC bookmakers if you want to give this method a chance.

Frequently Asked Questions

What is Litecoin?

Litecoin is a type of cryptocurrency that uses blockchain technology and an open-source platform.

Why Should I Bet with Litecoin?

Litecoin is a quick and safe cryptocurrency with no fees.

Will I Get Betting Bonuses for Depositing with LTC?

Yes, you can enjoy sports betting bonuses if you fund your betting account with Litecoin. But, you should check the bonus T&Cs to know if the payment method qualifies for bonuses.