Best Litecoin Sportsbooks

Why Is Playing with LTC on Sportsbook Platforms Better?

You might want to try Litecoin sportsbooks but remain curious about whether you should register.

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

We’re here to tell you that once you use LTC on sportsbooks, you’re unlikely to want to return to traditional sites.

Below, we outline a multitude of reasons why this is the case.

Each year, the value of fiat dwindles

Fiat money is legal tender backed by the government that issues it.

Things such as the supply of money and interest rates determine its value.

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

Fiat money is always at risk of hyperinflation, a scenario where an economy suffers huge price increases in a short period.

When the Federal Bank of St. Louis recently investigated inflation, there was worrying news.

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

The increase in earning power has been nowhere near as high as inflation during this period.

Indeed, since 1979, the average annual increase in wages is just 0.9%, far below inflation.

As a consequence, persisting with fiat currency makes you poorer.

Why is fiat still around?

That’s easy to answer; governments prefer these centralized currencies because it gives them control of the economy.

Financial institutions ultimately have the final say regarding who uses fiat currency and why.

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

Cryptocurrency supporters will tell you that digital coins help protect your money from inflation, thus ensuring your purchasing power isn’t negatively affected.

Anonymity

Depositing money on sportsbooks is often a real pain.

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

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

Indeed, getting a loan is virtually impossible once a bank statement reveals activity on a sportsbook.

For instance, the bank will likely reject a mortgage application solely because you used a betting site once or twice.

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

Things are very different with Litecoin because the bank will never know.

Crypto is decentralized, meaning you can use it to make transactions without requiring an intermediary.

Essentially, you get to deposit Litecoin on sportsbooks incognito.

Your bank statement shows no such transaction, meaning you can enjoy yourself off the bank’s radar.

Crypto is capable of rapid price rises

Instability is a concern with Litecoin, as seen by the major increases and decreases in value throughout its history.

However, it seems apparent that crypto has immense growth potential in the long term.

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 magazine, the world’s wealth was $431 trillion in 2021, giving Litecoin plenty of room to grow.

In comparison, fiat’s worth and usefulness continue to recede at an alarming rate.

Even if you seldom use sportsbooks, by registering and playing with Litecoin, you might find your balance growing without much effort.

Financial freedom

Apart from potentially being worth more than fiat, Litecoin also gives you a greater level of financial freedom.

Once you cast aside the yolk of the traditional banking system, you’ll discover a huge array of options.

Crypto is widely adopted

Bitcoin was seen as the only cryptocurrency worth mentioning for a long time.

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 playing.

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.

This is likely only the beginning, with rumors suggesting Panama, Paraguay, Brazil, and others may eventually do the same.

The crypto shield

With LTC, you have the freedom to deposit and withdraw on sportsbooks as you please.

Sadly, this isn’t always the case with fiat and sportsbooks.

A prime example is a regulation adopted by the United Kingdom in April 2020 that caused major issues due to a lack of public knowledge about it.

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

Furthermore, it took weeks for banks to remove the restrictions in some cases.

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

Assuming the sportsbook accepting LTC you use has a good reputation, using Litecoin ensures your steer clear of the stressful situation outlined above.

Steer clear of geo-restrictions

In certain countries, it is illegal to place any kind of bet.

It is extremely difficult to use a conventional sportsbook should you live in one of these locations.

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

In contrast, it is possible to avoid scrutiny by registering on Litecoin sportsbooks once you invest in a high-quality VPN (Virtual Private Network).

A VPN creates a protected network connection, thus disguising your online identity.

Using Litecoin on sportsbooks adds another layer of protection due to the anonymous nature of digital currency.

By doing the above, you can play on any site you like, irrespective of the laws in your country.

Certain end-to-end Litecoin sportsbooks don’t care if customers live in a nation where playing with money is against the law.

Disclaimer

The content we’ve written above is for informative purposes only.

We will never be proponents of illegal activity, and advise you to avoid breaking the law.

Those who get caught will likely face serious punishments.

For instance, in Cambodia, illegal gambling could result in a prison sentence.

Also, Litecoin sportsbooks that allow people to register from countries where playing is prohibited are hardly reputable!

If they find out where you live, take your funds and close your account, you’ll have to accept it.

We take no responsibility if you break the law so remember, it is your decision!

Please don’t say we didn’t warn you!

Rapid payouts

With conventional sportsbooks, payout speeds remain incredibly slow.

The above is due to sites linking with the banking system and the accompanying red tape.

A relative absence of regulation with LTC sportsbooks means they have a major advantage.

There is regulation with the Curaçao Gaming Authority among the most reputable entities.

Yet, you still have the advantage of fast payouts because of a scarcity of red tape.

In any case, Litecoin is usually associated with superior transaction speed.

Higher Limits

A common issue faced by conventional sportsbook users is that of low deposit and withdrawal limits.

While you’re encouraged to deposit a fair sum of money, it’s a different story when the time comes to collect your winnings.

This is because plenty of sportsbooks implement strict limits on the amount you can withdraw.

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

Another standard sportsbook company trick is to close winning players’ accounts or implement restrictions on the amount they can play.

At this stage, you’re lucky if you can make plays worth more than a couple of bucks.

With less red tape, Litecoin sportsbooks are free to permit substantial withdrawal sums and quite often do.

Remarkably, some sites don’t bother imposing withdrawal limits.

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

Modernized

A few traditional sites permit you to use Litecoin.

However, this is nothing but window dressing as issues such as slow transaction speed and low withdrawal limits plague such sites.

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

If you’re looking for a modern-day experience, Litecoin sportsbooks are a long way clear of their conventional counterparts.

These sites tick all the boxes with bonuses worth your while, a customer support team that cares, and an aesthetically pleasing design.

Important Considerations When Selecting Litecoin Sportsbooks

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

We understand that every reader has a different opinion on what matters, so our team investigates various features of the LTC sportsbooks that we review.

Below are some of the most relevant.

Sports and sporting markets

If you love sports playing, sportsbooks accepting Litecoin provide you with everything a fiat-accepting sportsbook does and potentially more.

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

If that isn’t enough, there are thousands of markets waiting for you to play Litecoin on.

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

Achieving this involves registering with several LTC sportsbooks and comparing their prices on different events.

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.

Does the Sportsbook Platform have end-to-end crypto capabilities?

Don’t assume that you’re on an end-to-end crypto sportsbook just because it accepts Litecoin.

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

Standard Sportsbook Platforms

Don’t be misled into thinking a conventional sportsbook that allows LTC use is good.

While you can deposit with LTC, things go against you from then on.

Your digital asset becomes fiat immediately and doesn’t return to its crypto form until you withdraw your money.

In essence, at no stage do you ever have the chance to use Litecoin on such sites.

Moreover, there are significant transaction fees involved in both instances, so you lose out again.

Consequently, end-to-end Litecoin sportsbook platforms are your only option if you’re convinced that the price of Litecoin will increase.

The benefits of end-to-end Sportsbooks With Litecoin

As you can probably guess, end-to-end Litecoin sportsbooks allow you to perform all transactions in digital coin form.

Therefore, you always have crypto in your account, meaning you lose money if its value falls but benefit from any bull runs.

In addition, the top-rated sportsbooks with LTC tend to allow the use of several digital assets.

If you’re interested in using end-to-end crypto sites, we advise you to choose companies that offer the following:

• Anonymous play

• Quick deposits and withdrawals

• A relative absence of transaction limits

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

Bonus standard

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

To properly analyze bonuses, we have created three separate subsections.

Welcome bonus

It is standard practice for sportsbooks with Litecoin to provide a welcome bonus for new players.

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

The 100% bonus, where the site matches your first deposit, is a prime example.

Let’s say your first deposit is $200; the Litecoin sportsbook’s bonus of $200 seems very generous at first glance.

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

Namely, the fact that you can’t withdraw a cent from the Litecoin sportsbook until you play 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 plays.

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

This is why it makes sense to focus on a site’s VIP package or the quality of its promotions.

VIP benefits

Famously, land-based casinos offer high-rollers perks such as free accommodation, dinners, and seats at big sports games.

While sportsbooks accepting LTC can’t replicate the above, they can implement VIP programs to ensure players return for more.

The best sites offer innovative rewards programs to loyal players.

The points system, where players get redeemable points (usually 1 point per $1 spent), is among the best-known VIP bonuses.

Let’s say you earn 2,000 points; this could equate to $20 that you can spend how you like on the site.

Such packages aim to entice big spenders to return to the sportsbook regularly.

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

Unfortunately, certain Litecoin sportsbook platforms fail to offer the value provided by a high-quality VIP program.

If the lack of a good program is a dealbreaker for you, read our Litecoin sportsbook reviews to learn whether sites offer VIP packages worthy of the name.

How good are a site’s promotions?

The frequency of promotions is less important than their standard.

Sites that provide a constant stream of promotions are often guilty of diluting the quality.

Indeed, most traditional sportsbooks don’t bother attracting users via innovative promotions.

Such sites are more concerned with providing bonuses that are effectively useless to the player.

LTC sportsbooks are different insofar as they know the value of great promotions for customer retention.

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

What payment methods are available?

No matter how many games, bonuses, or features sportsbooks accepting LTC offer, they’re not worth your time without payment variety and reliability.

Apart from transaction speed and limits, our team’s reviews also look into the different digital assets one can use.

Withdrawal speed

One of Litecoin ‘s main benefits is its lightning-fast transaction speed.

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

Users of LTC sportsbooks expect fast access to their money, and the best sites comply with virtually immediate withdrawals.

The CryptoManiaks team tells you which sites excel regarding withdrawal time and which falter.

How much can you withdraw at one time?

Traditional sportsbook platforms continue to annoy users by preventing them from withdrawing reasonable sums of money at once.

In general, you’re lucky to get a maximum of $10,000 in a week, but some have even lower limits.

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 sportsbooks enable users to withdraw substantial sums.

Indeed, we know of a few sites that don’t bother implementing a maximum limit!

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

Cryptocurrency choice

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

Unfortunately, only a small fraction of the market has genuine growth potential.

As a result, you shouldn’t expect Litecoin sportsbook companies 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.

Is it legal to Play in your country?

Many nations still view gambling as an illegal activity.

Regrettably, people in such countries register with Litecoin sportsbook companies, believing they can get away with playing.

Top-rated Litecoin sportsbooks support users in the vast majority of nations where playing on sports markets or casino games is legal.

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

Alas, low-grade sportsbooks accepting Litecoin seize upon this mistake and gratefully accept users from every country.

They do this because they can claim ignorance of the user’s location at first.

Upon your initial deposit, such companies seek account verification and keep your cash after shutting your account down.

You can try to use a VPN to conceal your location if you’re desperate to play.

Legit sportsbooks accepting Litecoin will ban you if they find out, but at least you’ll get your money back.

Before you breathe a sigh of relief, remember that your actions could get you into legal trouble!

Litecoin Sportsbook Reputation

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

All it takes is one minor error when sending crypto for you to lose it forever.

Register with a shady sportsbook accepting LTC , and you can similarly wave ‘adios’ to your digital coins.

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

With this in mind, discovering everything you can about the reputation of Litecoin sportsbooks is crucial.

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

We spend hours on each sportsbook accepting Litecoin we review, noting our experience, and also get additional first-hand information from real users.

By the time we’re finished, we will tell you everything you need to know about the reputation of each site we cover.

Customer service

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

If the LTC sportsbook fails in this regard, you’re left floundering if there’s a problem with your account.

Whether you have an issue with a game or a withdrawal, you’ll feel better with a trained customer service agent on the case.

Each review highlights whether a site is dedicated to great customer service or has little interest in helping players.

We speak to different agents on the site, analyzing their level of skill, helpfulness, and general demeanor.

Does the Litecoin Sportsbook Provide a Diverse Range of Playing Options?

These days, sportsbook accepting Litecoin competition is fierce, so they have no option but to excel in terms of the sports and markets on display.

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

Litecoin Sportsbook Sports & Betting Markets

Those who enjoy sports betting will love the remarkable choice provided by sportsbooks with Litecoin.

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

Ultimately, one of the biggest obstacles to attaining a long-term profit in betting is consistently taking poor value odds.

Keep reading for information on five sports favored by crypto site users and information on the top markets.

eSports

The electronic sports industry is no longer a niche market; it has become a global phenomenon.

With a massive audience, eSports are lucrative to the point that elite players can earn a small fortune.

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

Playing on esports without conducting detailed research will likely prove a costly mistake.

However, we’ve created an overview of five well-known games on sportsbooks accepting Litecoin 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.

This First-Person Shooter (FPS) is played by two teams of five competitors who must defend or attack.

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

Experienced gamers understand the strategy involved in selecting an operator, which is similar to DOTA 2 and League of Legends.

Unlike FPS games such as Call of Duty, one can destroy the terrain in Rainbow Six: Siege.

When used correctly, this unique game aspect enables you to create innovative ways to defeat 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 world’s best Call of Duty players compete in a league dedicated to the game.

DOTA 2

DOTA 2 is a multiplayer online battle arena (MOBA) game where you can select from 100+ characters.

It follows the standard esports format with two teams of five players competing against one another.

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

As well as attracting a phenomenal number of players, DOTA 2 is also watched by millions on a streaming platform called Twitch.

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

League of Legends

Riot Games is responsible for creating the League of Legends (LOL) MOBA, which it released in 2009.

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

There are over 130 playable characters, each of which has unique attributes.

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

FIFA Football has been a major esports game since it featured in the first edition of the World Cyber Games in 2001.

The popularity of soccer means that regional tournaments feature a huge number of players from various nations.

The winners of these events qualify for Regional Playoffs as part of the FIFA Global Series.

Players can only control one character at a time, so AI is in charge of the rest; this is considered a problem in some quarters.

Even so, the global appeal of soccer means FIFA should enjoy at least its current level of popularity for the foreseeable future.

Essential information when Playing on virtual sports

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

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

The sportsbook 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.

However, as the ‘competitors’ never get tired, it is possible for sportsbooks that accept Litecoin to host these events every few minutes.

Consequently, the number of playing options daily ranges from hundreds to thousands.

What are the most popular virtual sports to Play on?

LTC sportsbooks know how popular these events are and are continually expanding the available sports.

These include darts, basketball, and soccer.

Make your play before the event starts, and watch the random outcome unfold.

With no previous form to fall back on, it is purely guesswork, which is part of its appeal for some people!

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

Virtual sports are fast, furious, and if you play sensibly, a lot of fun.

What virtual sports markets are available?

Playing on virtual sports markets is easy if you have experience in gambling on real sports.

Although the markets are simpler, there are plenty of options to keep you satisfied.

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

• Winner

• Final score

• Double Chance

• Scorer of the first goal

• Asian handicap markets

Overall, those who use sportsbooks that accept Litecoin to play on these events sometimes find the differences between them and real sports appealing.

Keep reading to learn more about virtual sports’ advantages and disadvantages.

Pros of virtual sports

• With several hundred daily events and associated markets, you’re spoiled for choice

• There is no chance that reputable sportsbooks accepting Litecoin will fix the result

• You can play freely, safe in the knowledge that factors such as weather, form, and injuries have no bearing on the event

• In certain sports, there are events every 60 seconds

• No individual has an advantage because there’s no skill required to win

Problems with virtual sports

• Value bettors can’t get the advantage they seek due to the presence of RNGs

• The sportsbook accepting Litecoin always holds an edge, usually of several percent

• The combination of no skill and regular events means it is easy to lose large sums of money

• Despite this niche’s growth, Litecoin sportsbooks still don’t offer the same number of markets as they do in real sports

• There is no contest between virtual and real sports in terms of excitement

Advantages and Disadvantages of Using Litecoin on Sportsbook Companies

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

Before starting with this payment option, you should first familiarize yourself with Litecoin.

Introduction to LTC

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

It works on an open-source blockchain without the control of central authorities.

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

LTC looks to become a channel for regular transfers.

Litecoin was introduced with a total supply of 84 million coins and 150 pre-mined coins.

Pros of using Litecoin

It would be useful to learn the advantages of Litecoin before using it for playing.

Litecoin transfers are prompt

When making payments and withdrawals on sportsbook companies, you will enjoy swift transactions.

Litecoin block processing time is about 2.5 minutes.

Litecoin deposits are instantly available playing account, so you can start with the first plays.

Litecoin works as a decentralized crypto

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

Thanks to its open-source nature, LTC protocol changes can be followed by anyone.

LTC is an adjustable method

When using LTC for playing, you will enjoy its flexibility.

Litecoin can process up to 56 transactions per second, making it a good option for playing on sportsbooks.

Downsides of utilizing Litecoin

Get ready to learn more about Litecoin playing cons.

LTC is not a credible option

That’s could be a reason to swap LTC playing for alternative options.

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

LTC is often linked to the dark web

If you wish to utilize Litecoin for playing, just keep in mind that it’s the second most utilized method on the dark web.

This can deter you from using Litecoin for playing or any other transaction.

LTC has certain branding problems

When using LTC on sportsbooks, you can easily confuse with Bitcoin.

The names of the two cryptos are similar, which could be confusing if you use them for playing.

Many people already think that Litecoin is the same crypto for playing as Bitcoin.