With the meteoric success of Bitcoin and the advent of cryptocurrency, there are now plenty of other coins that are entering the crypto world. Most of them are extremely new to the market, and also many of them have been unsuccessful. However, one that has succeeded so far is Litecoin. Sports Betting sites have begun to accept Litecoin as they did with Bitcoin. Litecoin came into the scene late 2013 and hasn’t moved their price until March 2017, where it then began increasing rapidly. Betting using Bitcoin at online sportsbooks has become the norm now. Gamblers can place bets with Litecoin at numerous leading internet betting sites. It’s not just sports bookmaking either, all under the sun, counting poker, casino, and more available at Litecoin gambling sites. In this article, we’ll run down the of basics sports betting with LTC and using it at Litecoin betting sites.
Best Litecoin Online Sports Betting Sites
Operator | Bonus | Payout | Bet Now |
100% Up to $300 | 98.0% | Leo Vegas Sportsbook |
|
$200Free Bet | 97.6% | ||
100% Up to $100 | 98.5% | ||
100% Up to $100 | 98.5% | ||
100% Up to $100 | 99.4% | ||
$200 Bonus | 98.5% | ||
100% Up to $100 | 98.5% | ||
100% Up to $100 | 97.5% | ||
100 Spins Up to $3000 | 98.0% | ||
100% Up to $100 | 98.5% |
Use Litecoin To Bet on Sports
Making a Deposit with Litecoin is essentially identical to depositing with Bitcoin. If you’re conversant with using Bitcoin at online gambling sites, betting with LTC will be the second nature. Most wallets and exchanges accept both Litecoin and Bitcoin. Instead of sending coins to the Bitcoin addresses.
- Sign Up at a Litecoin bookie – Research a sports betting site before you make a deposit and be sure that they have Litecoin as an option.
- Deposit Using Litecoin –deposit using your Litecoin wallet. This includes sending Litecoin to the address that is provided by the sportsbook. In most cases, your LTC converts into fiat-currency once the bookie has received the coins. Once you decide to withdraw, the currency then converts into LTC and sent out.
- Place a Bet and Win – Betting with Bitcoin, Litecoin or any other crypto-currency is the same as gambling with fiat-currency. There are no differences in gambling rules or odds when gambling with cryptos. The only difference is the currency you use to gamble with or the way you fund your betting account. Place wagers like you typically would and watch as your forecasts win.
1. Litecoin Sports Betting Advantages
Such as Bitcoin, more advantages come with using Litecoin compared to the traditional methods for depositing such as money transfer, debit or credit card, and also bank wire. When it comes to speed, cost, and privacy, Litecoin is the best.
2. No Fees or Little with Litecoin
Litecoin is free to withdraw and deposit at most sports betting sites where it is accepted.
3. Deposit and Pay-out Speed
In addition to being very cheaper, LTC is so much quicker than other cashier options for both deposits and withdrawals. Deposits can be done anywhere in a few minutes to hours, and the same goes for pay-outs.
4. Privacy
Most punters turn to make a mistake of thinking that crypto-currencies do offer full anonymity. Well, that is not entirely true. Nonetheless, you protect yourself from possible fraud and identity theft when you don’t expose your bank and credit cards to the internet world.
5. Lesser Risk of Price Jumps
Litecoin can spike or fall in price on an impulse, however, that has not been the case through its history. It’s been stable aside from the huge rise in price in 2017.
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