This article gives you an overview of the best Litecoin sportsbooks in 2021.
Each site has a solid reputation and lets you deposit, withdraw, and play in Litecoin.
Our guide offers the following information on Litecoin sportsbook companies:
How to choose them
The best exchanges that don’t prohibit the use of their services for playing in 2021
Are you ready?
Created by Charlie Lee in October 2011, Litecoin began as a Bitcoin spin-off.
It has since gained a loyal following and is now in the digital asset top 10.
Now, check out the following advantages and disadvantages of using Litecoin with online sportsbooks.
Litecoin’s longevity to date suggests it is going to be around for a long time
You benefit from speedy deposits and withdrawals when using Litecoin
You can expect to pay minimal fees for each Litecoin transaction
Litecoin’s price is closely tied to the top-rated digital currency, so LTC is likely to suffer when there is a market crash
While it is well-known in the digital asset world, the number of sportsbook companies that accept LTC is relatively small
Recent improvements to other digital currencies mean that the advantages of playing with Litecoin are reduced compared to rivals
Curious about Litecoin sportsbooks, but still looking for reasons to take action?
There are countless reasons to give them a try, and here are just a few of them.
Fiat currencies are fast becoming yesterday’s news.
Inflation is decreasing their value every single year.
Ultimately, governments keep the current fiat system because it suits their needs.
Banks have carte blanche to determine to whom you can send them.
The time of fiat currencies has passed.
In 2021, Litecoin is what’s taking us into the future of money.
There is no middleman involved in Litecoin exchange.
Which means no payment gateways are needed.
Banks and credit cards? Forget about them!
Once you use a convenient VPN, registering an account with a LTC sportsbook becomes easy.
Doing so ensures you can even enjoy the action on Litecoin sportsbooks forbidden in your country.
Some end-to-end Litecoin sportsbooks also let you play despite it being illegal in your location.
Disclaimer: We do not explicitly encourage any kind of illegal or unauthorized activity. There are risks involved in using sportsbooks that would typically not accept users from your country, including (and not limited to) getting your accounts and funds frozen.
Banks don’t like online sportsbooks.
We have heard and read many stories where people couldn’t get a mortgage due to their use of sportsbooks.
It didn’t matter that their use of sportsbooks was nothing more than casual.
Here’s the thing about sportsbooks that accept Litecoin, you can use them without your bank ever finding out. Therefore, your activity remains a secret.
Indeed, you can enjoy complete privacy unless you feel like talking about your hobby.
When playing on standard sportsbook companies with fiat currencies, you are wasting an investment opportunity.
With fiat currencies, you lose purchasing power every minute.
Instead, set up an account on a LTC sportsbook, and there’s a good chance your Litecoin balance will rise.
Have you ever struggled to deposit on sportsbooks? We have.
One of us even got his bank account frozen for an entire month.
Here’s the reason. He wanted to put money into his sportsbook account.
What he didn’t know was that the UK applied a new regulation in April 2020.
It turned out he could no longer make deposits on sportsbooks. The bank even sent him an email warning him not to do it again.
With Litecoin, you will not need to beg your banker ever again.
Most traditional online sportsbooks that accept Litecoin aren’t up to date.
These sites seem locked in a time warp with payouts taking days, poor customer service, and many other issues.
In contrast, the best sportsbooks that accept LTC are designed for a modern audience with up-to-date technology.
The result is a growing number of safer LTC sportsbooks that you can trust, which offer better customer support, faster payments, and promotions worth something.
Traditional sportsbooks have to deal with payment gateways, bank account management, and a ton of financial regulations.
The result is that these sportsbooks have snail-like transactions, along with mediocre deposit and withdrawal amounts at best.
Although the best Litecoin sportsbooks are regulated (by the Curacao Gaming Authority most of the time), they are subject to less financial regulation.
Less financial regulation means fewer limits and faster (sometimes instant) payouts.
We have found a few top Litecoin sportsbooks that have NO limits on deposits and withdrawals, and you get your money almost instantly. You never get this kind of service from a traditional sportsbook.
Bear in mind that blockchains take a certain amount of time to process transactions, but it is still a fast process.
Not all exchanges allow their clients to transfer funds to/from Litecoin sportsbooks.
They will keep your money and shut down your account if they catch you using them to deposit on Litecoin sportsbooks.
Believe us; it is simple for them to get this information. Want to know how? Let’s find out.
The leading exchanges utilize sophisticated blockchain forensics software to identify relevant blockchain transactions.
And the software is very efficient, to the point that we already received notifications from a few exchanges.
So, what is the top-rated exchange if you want to get involved with sportsbooks that accept Litecoin?
The answer is Binance.
Binance is the largest exchange globally, and they allow users to play on Litecoin sportsbooks.
As well as being the biggest, it is also the best exchange: it offers low fees, rapid withdrawals, excellent security, more currency pairs than other exchanges, and much more.
This exchange allows its clients to begin playing on Litecoin sportsbooks easily.
Here’s what you should consider when selecting the best Litecoin sportsbook company for your needs.
Many people try to sign up to sites without realizing that their country doesn’t permit it.
This isn’t an issue if you use legit Litecoin sportsbooks because most of them won’t permit you to register, let alone add funds if you come from a country where its service is prohibited.
Sadly, some unreliable Litecoin sportsbooks will not stop you from registering an account and playing but will block your account when you try to withdraw your gains.
At this stage, such Litecoin sportsbooks will ask for verification. But, of course, once you try to go through the process, you’ll find that you can’t use the site legally and lose all your money as your account is blocked.
Therefore, it is crucial only to use Litecoin sportsbooks that are legal in your country.
Bypassing this type of regulation will expose you and your funds, making it even more necessary to play on trustworthy and legit sportsbooks accepting LTC.
Focus on good Litecoin sportsbooks that won’t keep your money if they discover that you’re playing illegally.
Sites like Stake.
This is another crucial aspect to take into account when selecting your Litecoin sportsbook company.
LTC transactions are fast, cheap (most of the time), and there’s no central authority behind them.
It is mainly a good thing, but one downside is that your Litecoin transaction is final.
Since there’s no central authority involved, don’t expect to get your funds back if you get scammed.
Therefore, it is essential to pick Litecoin sportsbooks known for their legitimacy.
This is why we place such an emphasis on the reputation of the LTC sportsbooks we review.
To save yourself some time, have a look at our Litecoin sportsbooks reviews to make sure you only play on safe sportsbooks accepting Litecoin.
There is a big difference between traditional sportsbook companies accepting LTC and Litecoin sportsbooks (end-to-end).
Traditional sportsbooks that accept Litecoin will convert yours into fiat when you deposit.
Whenever you try to take out your money, your fiat is turned back into Litecoin. That is, if the sportsbook even permits you to withdraw in Litecoin.
Not only do these transactions incur fees, but it also means you no longer hold Litecoin while your funds are on the site.
That’s why, if you are confident about the future of LTC, you should prefer using end-to-end sportsbooks that accept Litecoin when possible.
For one thing, you can deposit or withdraw using many different digital assets on such sportsbooks accepting LTC.
But most importantly, they allow you to play with Litecoin directly.
With these sportsbooks accepting Litecoin, you get the benefits of using Litecoin, including:
The ability to deposit and withdraw large amounts
However, don’t assume that you automatically get these benefits from every one of these sportsbooks with LTC.
An end-to-end sportsbook with LTC only has the potential to do it; there is no guarantee.
However, only the top Litecoin sportsbooks offer most of these benefits.
No matter which sportsbook accepting Litecoin you use for sports, make sure it provides the best:
Range of sports and events
Variety of lines available for each event
That said, the fact that some Litecoin sportsbooks offer an excellent variety of sports and odds doesn’t mean that they are good LTC sportsbooks overall.
You may discover Litecoin sportsbook companies that steal your money despite their apparent advantages.
A wise option is to create an account on many legit sportsbooks with Litecoin.
From there, compare their offers for each sport and event that interest you.
Ultimately though, it is all about finding the best overall sportsbook accepting Litecoin before exposing your Litecoin, one that has an excellent reputation and allows users from your country.
If you need help with something, things go more smoothly when you can quickly and easily chat to a trained customer service operative.
Particularly if you’ve never practiced LTC sportsbooks before.
We provide you with crucial information on each site’s customer service standard on our review of the best Litecoin sportsbooks in 2021.
Yet another critical aspect of sportsbooks accepting LTC is how they handle withdrawals and deposits, not to mention means of payment variety.
Not all sportsbook companies provide the same ways of depositing and withdrawing your funds.
Of course, it’s generally better to have as many deposit methods as possible.
One of the big attractions of LTC sportsbooks is the prospect of a rapid withdrawal.
In this matter, speed is king. If an opportunity arises, you’ll want to get access to your Litecoin quickly. For example, you might find something interesting on another sportsbook accepting Litecoin.
While some Litecoin sportsbooks process withdrawals immediately, others can take hours or even days.
The quicker the Litecoin sportsbook processes your withdrawal, the better.
You’ll find that standard sportsbooks often heavily limit the amount of money you can withdraw at once.
Indeed, finding one that enables withdrawals totaling $10,000 a month is tough.
Fortunately, the top Litecoin sportsbooks don’t hit you with such restrictions.
However, some LTC sportsbooks still have low withdrawal limit policies.
This is because they generally don’t have a large amount of money to hand.
Still, the best LTC sportsbooks, like Stake, offer unlimited withdrawals.
For big-money punters, in particular, the key is to find safe sportsbooks that accept Litecoin with no limits on withdrawals.
It is easier to split things into three distinct categories.
Typically, Litecoin sportsbooks give you bonuses after registration.
These offers often make it seem as if you’re getting a good deal.
If you think there is a catch, you’re correct!
There are usually many stipulations.
For instance, you may have to play up to 60 times your initial deposit before you can withdraw, among other limitations.
Therefore, you should focus on LTC sportsbooks with valuable promotions and VIP programs. These benefits are usually far better than any welcome bonus.
Average LTC sportsbooks don’t go out of their way to provide great promotions.
As we mentioned earlier, their preference is to provide restrictive bonuses.
The best sportsbooks that accept Litecoin offer modern services, and as a result, offer a lot of great promotions.
These promotions not only keep the game fun, but they will also add a lot to your balance at the end of the month.
Good sportsbooks with LTC are aware of the need to provide VIP programs worthy of the name.
Otherwise, how do they keep punters interested?
Yet, a large number of sites fail to offer anything resembling such a program.
VIP benefits, just like great promotions, will add a lot of fun and rewards.
As a result, we urge you to look for legit Litecoin sportsbook companies with outstanding VIP rewards. The best sites will reward your loyalty.
Litecoin sportsbooks are legal most of the time; however, the exact answer depends on your country of residence.
You have to analyze the legal status of Litecoin and also sportsbooks in general within your nation.
Although Litecoin is legal or tolerated in most countries, regulators are generally more severe with sportsbooks.
Still, some good Litecoin sportsbooks accept customers even from countries where they cannot operate.
Things are even more difficult for regulators as many people use a VPN nowadays to navigate the web more privately.
The anonymity of this means of payment rests on Litecoin addresses (privately created by each user’s wallets) which are the only information used to define where Litecoin are and where they are sent.
Therefore, you can protect your privacy by using a new address for each new payment received. In addition, you can also use multiple wallets for different purposes.
It can take anywhere from a few minutes to an hour if you want your wallet completely secure with a pair of confirmations from the network.
The transactions have to be confirmed on the various Blockchains, which are sometimes overloaded.
You must pay an extra fee if you want to avoid having your transaction delayed by the Blockchain queue.
Regarding withdrawal of your LTC, in addition to the same transfer process as for a deposit, most of the sportsbooks that accept Litecoin have first to validate the operation manually.
Some operators take up to a few days to validate your request, whereas other sites skip this validation step, making withdrawals as fast as deposits.
People who enjoy sports betting are moving towards Litecoin sportsbooks with greater frequency.
They realize that anonymity is one of the major benefits of using Litecoin.
Those who register with Litecoin sportsbooks soon find they have as many sports markets to choose from as with a standard sportsbook.
Litecoin sportsbook companies not only offer countless daily markets, but they also give you the chance to stake Litecoin on huge events such as the World Cup.
Punters now understand that they receive better value for money on Litecoin sportsbook markets than almost anywhere else.
If that isn’t enough, Litecoin sportsbook companies also provide the following benefits:
Low transaction fees
Almost instant deposits and withdrawals
A wide range of Litecoin specific bonuses
An excellent level of security
Fast registration revealing little personal data
Overall, LTC sportsbook companies eliminate many problems that irritate seasoned bettors and provide a superior user experience than old-fashioned sportsbooks.
Estimates vary, but eSports now attract over 450 million viewers in what is a worldwide phenomenon.
Tournaments take place virtually every day and involve elite gamers.
Although eSports will not feature prominently in the 2024 Olympic Games, many experts believe it is a matter of time before they get Olympic recognition.
Reputable Litecoin sportsbooks jumped on the eSports trend and now rival standard sportsbooks regarding available events and markets.
It is wise to familiarize yourself with eSports before you consider making plays on them.
The most popular eSports games include Call of Duty, DOTA 2, and Counter-Strike: Global Offensive.
Litecoin sportsbook companies tend to offer markets relating to total maps for certain games, not to mention handicap options.
Regardless of what you think of eSports, they aren’t going away, so it is best to embrace their presence on Litecoin sportsbooks.