Top 3 Litecoin Betting Sites
Created by an ex-Google employee, Litecoin entered the crypto world in 2011 and has made its name by delivering low fees and faster-than-average transaction times.
As it stands, Litecoin is an excellent alternative for sports betting fans outside of Bitcoin.
Our guide is designed to give you all you need to know if you want to bet with Litecoin. But first, we’ll run down the best sites to bet on sports with Litecoin:
1. Sportsbetting AG
— Sportsbetting AG delivers non-stop international sports betting action and crypto payments. It ticks all the boxes for… Read review
94%
| Sports Betting | Up to $1000 |
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2. Cloudbet
— Cloudbet is one of the biggest names in the crypto sports betting industry, and as such, it… Read review
91%
| Sports Betting | 100% Matched Deposit up to 5 Bitcoin |
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3. MyStake
— MyStake entered the gambling world in 2020 and has managed to turn a lot of heads since… Read review
90%
| Sports Betting | 100% up to €500 |
|---|
How Advanced is Litecoin Sports Betting?
As with any other online bookmaker, a Litecoin sportsbook provides a wide variety of wagering choices and sporting events to choose from.
Long listings of sports, leagues, and extensive betting markets are all presented in a style you’ve seen before.
You can count on seeing a broad range of sports, including all the top European and US leagues, from football and tennis to cricket and baseball. Your betting options include:
- Football – English Premier League, Ligue A, Bundesliga, La Liga
- US Sports – NBA, NHL, MLS, MLB and NFL
- Tennis – US, French, Australian Opens, Wimbledon
- Athletics – World Championships, Olympics
- Motorsports – MotoGP, Formula 1
In-Play & Live Betting at Litecoin Sportsbook Sites
Online sportsbooks accepting Litecoin provide the same standard options and functionality as any typical betting site you find online.
One of the most prominent features of any sportsbook is live betting. This allows bettors to search and place wagers during games as they unfold across all the major sports outlined.
Using Litecoin, you can instantly bet on the most popular markets, browse live events, analyze real-time statistics, and find niche bets.
Litecoin Spread Betting Explained
People’s understanding of “spread betting” and whether they may use Litecoin to make “spread bets” is often clouded by misunderstandings.
In short, it’s a type of bet where the result relies on how well your prediction and the “spread” match up. The bottom line is that by “buying” or “selling” the spread, you could end up either making a profit or losing money.
Here are some examples of Litecoin spread betting to help explain:
- Number of tries in a rugby game (spread = 5-7 tries)
- Number of goals for the home team in a football match (spread = 3.0-3.2 goals)
- Number of points in a basketball game (spread = 230-234 points)
The Advantages of Litecoin Sports Betting
The key advantage of Litecoin over something like Bitcoin is a quicker pace of processing blocks on the blockchain, which results in Litecoin transactions being confirmed more swiftly.
Because of this, Litecoin is a popular crypto choice at numerous online sportsbooks. Of course, Litecoin also enjoys all the benefits of cryptocurrencies, like decentralization and anonymity.
| Litecoin Betting Feature | Team B3tcoin Explanains |
| Quicker Transactions | In the realm of digital currencies, Litecoin boasts one of the quickest payment processing times. Transactions are nearly instantaneous. A Litecoin sportsbook transaction is finished in 2 to 5 minutes. Contrast this with the typical Bitcoin transaction time of 6 minutes, which can increase to an hour during peak times due to heavy network usage. |
| Efficient Limits | Because of its great flexibility, Litecoin is frequently a choice among cryptocurrency sports betting platforms. Litecoin is versatile and does not need to incur any transaction fees from third-party payment processors. Therefore, Litecoin sports betting sites can offer considerably lower minimum deposit amounts and larger withdrawal limits to their members. |
| Low Transaction Fees | Due to the low transaction costs associated with Litecoin, many people choose this method to fund their sports bets. Litecoin costs are incredibly small, if charged at all, as they are frequently covered by the Litecoin betting sites themselves. Even for massive Litecoin transactions, the maximum cost is typically less than $1. The trading cost for Litecoin is one-tenth of what Bitcoin typically charges. |
| Improved Anonymity | Those who use LTC at an online bookie may do so without revealing any of their personal details. It is possible for bettors to wager at an online sportsbook by providing just their Litecoin wallet address. However, it is also vital to realize that if the bettor has linked their real name and address to their electronic wallet, it is not impossible to trace back your Litecoin sportsbook transactions. |
Are There Any Disadvantages if You Bet With Litecoin?
Litecoin clearly has some excellent benefits and can perform better than Bitcoin in some situations. However, there are some downsides as well.
Litecoin is not as prevalent as Bitcoin, which is witnessed across the online sports betting scene.
Less Recognized Crypto
Although Litecoin is one of the bigger digital coins out there, Bitcoin is still the most popular cryptocurrency for online betting, with some sites even giving Bitcoin-only welcome bonuses to new customers.
However, Litecoin may soon catch up. Its rising value and notoriety suggest it will continue to grow, meaning you should find it more accessible alongside bonuses soon.
Full Accountability
You must take precautions to keep your Litecoin funds safe and always be responsible for managing your crypto.
Verifying the recipient’s address before transferring any Litecoin to them is a key part of the process, as is keeping a strong and secretive password.
Similarly, trading Litecoin on trustworthy exchanges is another good practice for maintaining its safety.
Other Things To Think About
- The crypto sports betting industry is not fully regulated across the world. This is why you need to be careful with which betting sites to join. You can find all the safest crypto and litecoin betting sites here at B3tcoin.
- As with most cryptocurrencies, you need to keep a close on their valuation. Most cryptos are volatile, and this means any winnings at a Litecoin sportsbook could become a lot less or more within a short time.
How to Pick the Best Sites for Litecoin Betting
B3tcoin takes away all the hard work and searching and gives you a simple choice. Simply check our latest top crypto and litecoin sports betting sites and know that you will be betting with a legitimate site.
Picking a new sportsbook is hard enough, but adding the crypto factor in as well makes it twice as challenging, especially for beginners.
Due to the pros and cons listed above, we want to make sure you find the right litecoin betting platform for you. It should have all the relevant sports, betting markets, bonus deals, and whatever else you require to bet efficiently.
Read our reviews, browse the latest offers, and make sure you choose the right Litecoin betting site for you.
Litecoin Betting – Is it Legal?
Yes, you will find that it is mostly legal if you want to bet with Litecoin. It’s always best to check with your local laws and the betting site you plan to join.
However, more countries are approving the use of Litecoin, Bitcoin, and other cryptocurrencies. You can purchase Litecoin and use it to fund any of the online sports betting sites recommended here at B3tcoin.
There will be a lot more news to come concerning the laws and regulations surrounding Litecoin sportsbook platforms and cryptos in general.
Frequently Asked Questions (FAQ)
We encourage you to read through our reviews to identify the best sites if you want to place a wager using Litecoin. Then you can find the right site that fits your betting strategy and crypto goals.
Litecoin is one of the best alternatives to Bitcoin. It has some excellent features that work well with sports betting, so be sure to give it a closer look.
Yes, you will be able to make deposits and withdrawals at all Litecoin betting sites. Check the site’s limit rules before you make any transaction.