Sports Betting Sites That Take Litecoin
Litecoin is a cryptocurrency built around being used as a medium of exchange, and that means it’s a great choice for online sports bettors. With minimal impact, fast speeds and secure blockchain technology undergirding it, Litecoin is one of the best ways to deposit into any international online sportsbook. Note that the international books are going to be the ones that take Litecoin, as currently the in-state books do not, thanks to a variety of restrictions that the international books are not subject to.
Online Sportsbooks Accepting Litecoin
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Litecoin Esports Betting
Litecoin is an excellent cryptocurrency, and one that pairs very well with esports betting. Litecoin is a lightweight, fast processing cryptocurrency, perfect for the frenetic pace and style of games like League of Legends, DOTA2, and Counter-Strike. Litecoin esports betting is accepted by all of the best online sportsbooks, throughout the globe. All you need to do is acquire some Litecoin and navigate to your online sportsbook of choice as long as they accept the currency. Whether you want to bet on the LCS, The International, or a CS:GO Major, you can do that at the online sportsbooks using litecoin. It’s a very simple cryptocurrency, and it’s a great way to enjoy your favorite esports betting opportunities!
Litecoin And Politics Betting
A ton of political bettors use Litecoin when they bet on politics because Litecoin has the functionality of a cryptocurrency taken the max – it’s fast, it’s cheap, and the online sportsbooks accept it. These sportsbooks are the only place to bet on US politics, and that’s because they’re not state-regulated. State-regulated sportsbooks are prevented from offering odds on politics, but sportsbooks like Bovada, MyBookie and BetOnline are actually well known for doing so, with their odds being cited in political forecasts often. Litecoin makes betting on these sportsbooks’ political offerings faster and safer.
Litecoin Sports Betting Benefits
Fast And Efficient - Litecoin is the fastest cryptocurrency accepted at most online sportsbooks. This speed means you will get your money out ASAP, and get your money to the sportsbooks ASAP.
No Fees - Like with most cryptocurrencies, the sportsbooks prefer you use Litecoin over the traditional financial system. They incentivize this by removing fees on withdrawals when you use Litecoin.
Big Bonuses - The online sportsbooks prefer people using cryptocurrency over people that do not. They prove this by offering bigger bonuses for crypto users than for non-crypto users.
Quick Deposits/Withdrawals Help You Mitigate Volatility - Everyone knows crypto can be volatile. You don’t want to withdraw your money and have it be worth less than when you withdrew it. Litecoin is so fast that you can execute the process in a matter of seconds, so you don’t have to worry about volatility.
Litecoin Sports Betting Drawbacks
Volatility - Like all cryptocurrencies, Litecoin is traded on markets and exchanges, which alter its price over time. This can be good for you or bad for you.
Not As Popular As BTC - Bitcoin is the most popular cryptocurrency, while Tether is the most traded cryptocurrency. Litecoin lags behind these in terms of adoption, although most offshore sportsbooks take it at this point.
Not Usable At State Books - With the exception of Wyoming, all state-regulated sportsbooks are prohibited from accepting any kind of cryptocurrency. This means you will not be able to use Litecoin at DraftKings, FanDuel, Caesars, or any other state based sportsbook.
Litecoin Vs. Bitcoin
Litecoin is often compared to Bitcoin, as it was originally designed to be similar to bitcoin but with faster transaction speeds. Bitcoin is far more expensive, while Litecoin is faster and easier to use. Bitcoin has a bit more integration with the traditional financial system at this point, but that is slowly changing. Litecoin will be faster than Bitcoin at basically every online sportsbook.
Best Sportsbooks That Welcome Litecoin Deposits
BetOnline and SportsBetting are some of the best online sportsbooks for US players to use when it comes to betting with Litecoin. They offer bonuses for first-time bettors as well as for using Litecoin. These sites excel in creating options for sports bettors and are great places to begin betting. They offer a ton of variety in their betting odds and lines, and they are very friendly to users of Litecoin and other cryptocurrencies. It doesn’t matter whether you’re a casual rookie or a hardcore all-star sports better, these sites have options for you. Make sure you check for their cryptocurrency bonuses when you sign up - those bonuses can be a significant incentive to use cryptocurrencies like Litecoin.
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Litecoin Entertainment Betting
Litecoin is a great way to get started betting on entertainment, as the online sportsbooks that offer entertainment wagers are also the ones most interested in cryptocurrency. Sportsbooks that are regulated by individual US states are often prevented from accepting crypto or from offering entertainment odds. This means that both Litecoin usage and wagering on entertainment odds are the provinces of international sportsbooks. If you want to bet on House of the Dragon, The Masked Singer, or other pop-culture and reality TV events, you can do so with Litecoin at the international online sportsbooks.
How To Deposit With Litecoin At Online Sportsbooks
Step 1: Get A Litecoin Wallet
Wallets are exactly what they sound like - they store your digital cash until you spend it. Make sure you choose a passphrase that is hard to guess and easy to remember - getting your wallet stolen is not fun.
Step 2: Purchase Litecoin On A Crypto Exchange
In order to do this, you link your wallet with the exchange, and purchase some number of LTC to be sent to your wallet. Coinbase, FTX and Bitfinex are three of the top crypto exchanges. Once you’ve purchased the Litecoin, you can send it to your wallet from the exchange.
Litecoin Withdrawals On Online Sportsbooks
Litecoin is one of the most popular coins that is out on the cryptocurrency market right now. With that said, bettors can withdrawal their finds from different online sportsbooks easily. When withdrawing Litecoin from online sportsbooks, as long as your cryptocurrency wallet is connected to your online sportsbook account, the finds will be deposited there right away. There are different withdrawal minimums and maximums that users need to keep note of as well.
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How To Withdraw With Litecoin At Online Sportsbooks
Step 1: Use The Sportsbook You Deposited With
You cannot withdraw with Litecoin unless you deposited with it, because the sportsbooks want to make sure they are not used as money laundering tools, so you need to deposit and withdraw from the same wallet in the same crypto.
Step 2: Perform The Withdrawal
Open your sportsbook account and select the withdraw option, and then withdraw in Litecoin, entering your wallet address again if necessary. Your withdrawal will process nearly immediately, and your funds should be available ASAP.
Litecoin Sports Betting Sites
Use Litecoin For Deposits
Bovada accepts Litecoin, and bills it as a faster and cheaper version of Bitcoin when it comes to sports betting deposits. It has the lowest time to reach you out of any of their withdrawal options, and the fastest time to reach them when you deposit with it. This makes Litecoin one of the preferred deposit options at Bovada, and they show this by offering big bonuses for using it and other cryptos.
Lightning-Fast Litecoin Deposits
Litecoin is one of the preferred deposit methods with XBet, and they do accept the lightning-fast cryptocurrency with ease. XBet also accepts Bitcoin, Bitcoin Cash, Ripple and Ethereum, but Litecoin is going to be arguably the fastest of all of them. XBet’s crypto bonuses are good, and do apply to Litecoin deposits. Litecoin withdrawals are not available at XBet.
Accepts Many Cryptocurrencies - Including Litecoin
Among the top sportsbooks for Litecoin bettors is SportsBetting, a sportsbook that specializes in crypto, and thus sees the upside of Litecoin usage. They offer free withdrawals in Litecoin, and the only fees applied on deposit are the gas fees that come with blockchain transactions, nothing applied by SportsBetting.
Trusted Sportsbook For Litecoin Deposits
Litecoin Review Summary
Overall, Litecoin is an excellent way for you to fund your sports betting account if you are technologically savvy enough to get into it, and you have a sportsbook that is willing to accept it. There is likely not much better in the cryptocurrency realm when transaction speed and relative acceptability are taken into account. The upsides of Litecoin are obvious - it’s easy to use, and one of the fastest processing cryptocurrencies. The downsides are its limited adoption, meaning that it could be hard to find a sportsbook that accepts Litecoin - the major online sportsbooks vary in terms of what cryptocurrencies they accept.
Litecoin is exactly what it says on the tin – it’s an easy to use cryptocurrency with a quick transaction speed time, and that is exactly what you are looking for when you are looking for a cryptocurrency to fund your online sportsbook accounts. If you can find an online sportsbook that accepts Litecoin for their deposits, It is hard to do better in the cryptocurrency realm.