Best Litecoin (LTC) Sportsbooks & Litecoin Gambling Guide

Litecoin is a peer-to-peer cryptocurrency and a project fork of Bitcoin. The currency first appeared in October 2011 and has managed to stay in the crypto market ever since. In the past year, Litecoin value has ranged anywhere from under $30 to up to more than $120. At the time of writing this, one LTC is worth $86.87 or 0.007 BTC. In the world of gambling, instead of using regular fiat currencies, many players opt for Litecoin gambling. The fees are significantly smaller, the transactions are faster, and players who value their privacy can remain anonymous.

If you have a few litecoins lying around and you enjoy betting online, we’ve prepared a list of the best Litecoin gambling sites. What’s more, we’ve also included a small guide for those who have never bet with cryptocurrencies before.

Best Litecoin Sportsbooks

While there are many criteria when it comes to ranking Litecoin Sportsbooks there are three main factors we keep a close eye on. Those include reliability, markets offered and odds.

What Are the Advantages of Litecoin Sports Betting?

When it comes to the benefits of Litecoin, there are several advantages Litecoin sports betting sites have over sportsbooks that support only fiat currencies. One of the most important ones is that players can remain anonymous. However, this doesn’t mean that transactions cannot be traced; it simply means that you won’t have to disclose your personal information to the sportsbook.

Another LTC advantage is paying little to no fees and enjoying fast payout speeds. Furthermore, players don’t have to pay taxes on their wins since governments don’t control this digital currency. In addition, since Litecoin is the second-biggest cryptocurrency on the market, that means new litecoins are always available and LTC is a rather stable currency and not as volatile as others.

Finally, if you decide to try something other than Litecoin sports betting, you can check out the fairness of specific provably fair games designed for cryptocurrencies and make sure the outcome of said games is truly random.

Trusted Sports Betting Sites That Accept Litecoin

If you are wondering who takes Litecoin and you’d like to get familiar with LTC betting sites, we’ve prepared a small overview of these sportsbooks, and also split them into End-to-end and FIAT currency.

If you are looking for an operator who accepts Litecoin, you can quite often stumble upon sportsbooks that accept payment only through cryptocurrencies.

Fortune Jack Litecoin Review

Fortune Jack’s portfolio includes the most popular sports, and you can bet on more than 20 different markets. On top of that, you can enjoy sports and live in-play betting. Number of Cryptocurrencies: 9 Min/Max Deposit: No limits Deposit Fees: Depends on where you’re sending from Min/Max Withdrawal: 0.004 BTC or equivalent in other currencies Withdrawal Time: Fees: None 👉 Join Fortune Jack 👈

1Xbit Litecoin Review

There are more than 40 different markets to bet on in 1Xbit, and the list includes popular sports, e-sports, and live betting. Number of Cryptocurrencies: 20 Min/Max Deposit: No limits Deposit Fees: None Min/Max Withdrawal: 10mLTC Withdrawal Time: Instant Withdrawal Fees: None 👉 Join 1XBit 👈

 

If you are looking for a sportsbook who takes Litecoin but also accepts fiat currencies, check out our list of the best conventional bookmakers that accept LTC as a form of payment.

1XBet Litecoin Review

1XBet has thousand events you can bet on. Apart from popular sports, players can bet on entertainment, chess, weather, TV games, and many other markets. You can place a single, accumulator, system, and chain bet, as well as many other types of bets. Number of Cryptocurrencies: 27 Min/Max Deposit: $1/ No limits Deposit Fees: None Min/Max Withdrawal: $1.50 Withdrawal Time: 15 minutes Withdrawal Fees: None 👉 Join 1XBet 👈

22bet Litecoin Review

There are more than 27 sports available in 22bet. The platform is ideal for live betting, and it also offers a lot of Asian handicaps. Number of Cryptocurrencies: 27 (22 when withdrawing) Min/Max Deposit: $1/ No limits Deposit Fees: None Min/Max Withdrawal: $0.85/$1.50 or 9.78mLTC Withdrawal Time: 15 minutes Withdrawal Fees: None 👉 Join 22bet 👈

TigerGaming Litecoin Review

TigerGaming offers more than 20 different markets to bet on. Apart from specials and various props bets, players can also enjoy their Live Betting section. Number of Cryptocurrencies: 6 Min/Max Deposit: $20/$50,000 Deposit Fees: None Min/Max Withdrawal: $20/$10,000 Withdrawal Time: Up to 48 hours Withdrawal Fees: None 👉 Join Tigergaming 👈

Intertops Litecoin Review

Every month there are more than 5,000 events to bet on in Intertops. They cover a wide variety of sports, have a Live Betting section, and also offer Asian Handicaps types of bets. Number of Cryptocurrencies: 3 Min/Max Deposits: $25/$2,500 Deposit Fees: None Min/Max Withdrawal: $100/$2,500 per week Withdrawal Time: Up to 48 hours Withdrawal Fees: None Other Common Types of Litecoin Games 👉 Join Intertops 👈

 

Looking for companies that accept Litecoin isn’t that hard; however, a lot of them are unavailable to US bettors. There’s no need to worry, though. Here are some of the sportsbooks available to the residents of the US.

SportsBetting Litecoin Review

SportsBetting has a payout rate of nearly 95% and it presents its bettors with an opportunity to bet on all popular sports, as well as specials, props, player props, and future bets. They also have a Live Betting section. Number of Cryptocurrencies: 6 Min/Max Deposit: $20/$25,000 Deposit Fees: None Min/Max Withdrawal: $20/$10,000 Withdrawal Time: Up to 48 hours Withdrawal Fees: None 👉 Join SportsBetting 👈

BetOnline Litecoin Review

BetOnline allows players to bet on more than 20 different markets. Apart from live betting, bettors can also enjoy various player props and game props, as well as betting on future bets. Number of Cryptocurrencies: 6 Min/Max Deposit: $20/$25,000 Deposit Fees: None Min/Max Withdrawal: $20/$10,000 Withdrawal Time: Up to 48 hours Withdrawal Fees: None 👉 Join BetOnline 👈

 

Other Common Types of Litecoin Gambling

Apart from sports betting, there are a few other types of gambling you might want to check out. If you’re a casino enthusiast, you should know that a lot of sportsbooks have integrated casinos into them, allowing players to enjoy all regular online casino games, such as poker, blackjack, roulette, lotteries, and more.

Litecoin Casino

The games you can find in any Litecoin casino are usually the same as the ones in regular casinos. Apart from some specials, such as Litecoin blackjack or dice, players can play roulette, video poker, scratch cards, and of course, everyone’s favorite, video slots.

While already being fantastic in every regard, sportsbooks like Fortune Jack and 1XBit are also some of the best Litecoin casinos out there, due to the myriad of different casino games they have in their offer. What’s more, Fortune Jack has lots of jackpot slots, allowing you to receive BTC for landing a jackpot.

Litecoin Poker

When it comes to Litecoin poker, there are virtually dozens of different games you can play. If you prefer video poker games, you can try titles like All American Video Poker, Deuces Wild, Jacks or Better, and more.

However, if you prefer a more authentic experience offered by brick-and-mortar casinos, you can always head to the casinos’ Live Casino section and test your mettle against other players.

Litecoin Lottery

If you enjoy games of chance, you should know that Litecoin lottery is another type of game you will regularly encounter in an LTC casino. You will have an opportunity to choose from a variety of scratchcards, or you can go with bingo, keno, or lottery games.

 

How to Buy LTC and Bet Online

The process of buying Litecoin is very straightforward and it can be split into several steps. For starters, you should get a wallet where you will store your litecoins. We recommend either Jaxx or LoafWallet, both of which are available on iOS and Android platforms.

Afterward, you should head to an online exchange. Our top pick is Coinbase due to its easy-to-use platform. Once there, buy as many coins as you’d like, and send them to your wallet by copying and pasting your wallet’s address. Then, all you have to do is make a deposit in a sportsbook or casino, and you can use your litecoins the same way you’d use regular fiat currencies.

Differences Between BTC and LTC

Bitcoin and Litecoin are two of the most popular cryptocurrencies. While they have some similarities and the same purpose, they also have a few significant differences between them.

1. Coin limit - By comparing bitcoin to LTC in terms of volume, you will notice there are 21 million BTCs in circulation and 84 million LTCs. In other words, LTC is easier to come by.
   
   
2. Algorithm - BTC uses the SHA-256 algorithm while LTC, even though it adopts the SHA-256 algorithm, uses the so-called scrypt algorithm.
   
   
3. Transaction speed - If you compare BTC to litecoin when it comes to transaction speeds, it takes significantly less for miners to verify LTC transactions, four times less.
   
   
4. Purpose - People often convert BTC to LTC for the sole reason that BTC is commonly used as a form of investment while LTC is meant for day-to-day use.
   
   
5. Mining - You will need specialized equipment to mine BTC while mining LTC can be done with regular computers.

What Are the Best Litecoin Wallets for Online Betting?

Getting a wallet for your digital currency is the same as buying a leather wallet to store your paper currency. There are several different factors to consider when browsing for an LTC wallet online.

Apart from using them to store your cryptocurrencies, you should make sure they are compatible with different devices and operating systems, easy to use, and also provide backup and restore features.

Some of them come in the form of actual hardware, some can be used via your desktop computer, while some are for your mobile devices. To help you pick the best LTC wallet, here are a few options that are considered to be the most trustworthy:

• Ledger Nano S
• Trezor
• Exodus
• Jaxx
• LoafWallet

What Is the Best Litecoin Exchange?

If you don’t have any litecoins, the easiest way to get some would be to buy them. You should visit one of the many exchanges available online. Whether they are centralized or decentralized, these exchanges work the same as regular ones. However, instead of exchanging USD for, let’s say, euros, you’ll be exchanging USD for LTC.

Naturally, the same process applies if you wish to exchange LTC for USD, or any other fiat currency. Just make sure to check the options available at the exchange and see if the transactions include fees.

To help you get started, we’ve also prepared a small list of some of the best exchanges on the market. They are:

• Coinbase
• Binance
• Coinmama
• Kraken
• Bitfinex

Should I Use Litecoin for Gambling?

Simply put, yes, you should. However, before you start using Litecoin, you should first learn how it works and understand that it is a volatile currency. After that, you will be able to enjoy the many advantages of using Litecoin, such as secure and faster transactions, remaining anonymous, and generally having more options to gamble since cryptocurrencies are still not regulated by strict laws.

Complete List of LTC Betting Sites

Is Litecoin Gambling Legal?

Depending on your country of residence, gambling online using Litecoin might be illegal. Laws work differently across countries, which can be seen in the examples of the US, the UK, Germany, and the Netherlands. 

In the US, apart from Washington and Connecticut that have specific laws that forbid online gambling, there is no federal legislation that makes online gambling with Litecoin illegal since most laws are targeted toward domestic operators. The laws set in place usually forbid casinos to accept wagers, but there are no laws that prohibit the players from placing bets. Furthermore, if you are from New Jersey, Delaware, or Nevada, you can freely enjoy any Litecoin games.

While all online gambling is strictly prohibited on the territory of Germany, players hailing from this country won’t have any issues gambling in any of the offshore online casinos, as long as they are regulated and conform to several German laws. In other words, as long as Germany isn’t on the list of restricted countries, you’ll be good to go. Furthermore, since cryptocurrencies are legal in Germany, you are free to use Litecoin for offshore gambling.

One of the most peculiar cases of online gambling can be found in the Netherlands. The bill to legalize online gambling in the country has existed ever since 2016, but it was only recently that the Dutch Senate passed the bill to legalize remote gambling. Furthermore, it won’t be until 2021 or even longer until the market becomes fully regulated. However, that doesn’t stop many Dutch players from gambling offshore and enjoying popular Litecoin games.

When it comes to the UK, gambling with cryptocurrencies is considered the same as gambling with fiat currencies. Therefore, you won’t have to ask yourself: Is Litecoin safe? because as long as the market you’re betting on is regulated and conforms to the UK laws, and as long as the cryptocurrency is legal (both Bitcoin and Litecoin are legal in the UK), you won’t have any problems while betting with Litecoin.

Additionally, there are countries where the use of Litecoin is prohibited, and the list includes Algeria, Egypt, Morocco, Bolivia, Colombia, Ecuador, Saudi Arabia, Iran, Bangladesh, Nepal, Pakistan, China, Taiwan, and Cambodia.

Keep in mind that certain rules regulate how cryptocurrencies can be used, which is why you need to double-check where your country stands when it comes to gambling with Litecoin.