Cryptocurrency users are able to engage in online sports betting through legally sanctioned offshore sportsbooks. For bettors using Litecoin, you can find several LTC-friendly sportsbooks in this guide. The brands outlined in this guide have betting lines from all over the world, different wagering types, live betting and more.
This guide will also show you which online sportsbooks are best for alternative currency users, how to determine if the online sports betting site you are using is legitimate, available bonuses and the legality of sports betting. By the time you finish reading this page, you will be an informed cryptocurrency bettor ready to begin placing wagers on your favorite sports teams.
We have created similar guides for those interested in Litecoin casinos or Litecoin poker sites.
Top Online Sportsbooks That Accept Litecoin (LTC) Crypto Deposits In 2023
Searching for the right online sportsbook can take a lot of time; time that could be spent placing bets or watching the games. Our team of industry experts have completed the time-consuming task of vetting online sportsbooks to pinpoint which ones not only accept Litecoin as a currency, but offer a wide range of betting lines and wagering types, provide a premium betting experience and are legally sanctioned to operate within the industry.
These are also some of the most trusted sportsbooks in the gaming industry and offer a fantastic overall gambling experience and they always pay. The veteran gamblers appreciate the value in playing with the big names in the industry because they don’t have to fade all the nonsense like slow pays that are so common in the industry.
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What To Look For In A Reputable Litecoin Online Sportsbook
As mentioned earlier, our team has already sifted through various online sportsbook. In verifying the legitimacy of the brand, we look for several key components. The first of which is licensing and compliance certifications. Then, we check for a strong security profile, positive reputation, quality/professionalism and customer support.
You can find more information regarding the specifics of each checklist item in the following paragraphs. We require this stringent criteria be met when considering any litecoin gambling sites for inclusion in our guide.
Licensing & Compliance Certifications
Legal compliance is the most important in factor in establishing credibility with any sort of online gambling site. Part of this legal compliance is having a legal license that is issued by a respected government. Regulatory oversight is the other component of legal compliance and is handled by a countries’ gaming commission. Each one of the online sportsbook brands listed in this guide is both legally licensed and regulated, leaving them within the legal realm of most countries’ gambling laws.
These sites may also have casino/poker sections, in which case they need to use RNG (random number generator) technology to ensure fair play. This technology is inspected by RNG maintenance authorities to make sure that it is working properly. Compliance certifications are issued when a site’s RNG technology has passed all inspections.
All online gamblers want their information to be kept secure, which is understandable considering the personal nature of such information. These online sportsbooks all feature strong security profiles outfitted with SSL data encryption that keeps your personal and financial information secure. Litecoin users can rely on an extra layer of security through Litecoin miners that verify each transaction on the blockchain.
Credibility is a positive quality in any industry. Online gambling sites with reputations of quality and professionalism pride themselves on their status and it helps them attract and retain users. The online sportsbook brands recommended in this guide have all been in the industry for at least ten years. These sites boast favorable reviews from other industry professionals and casual players alike.
Quality & Professionalism
As part of their sterling reputations, our suggested online sportsbook brands handle their site and client discrepancies with professionalism. Any interface issues can be reported to customer support as well as issues with the banking suite. The quality of the overall experience can be compared to betting in a Las Vegas sportsbook in the USA.
Most reputable sportsbook brands’ customer support brands can be reached in several ways. There are the common methods of email and toll-free call. However, a lot of sportsbook brands now feature Live Chat support, where bettors can be connected with a sportsbook representative 24/7.
Bonuses and Promotions
Much like the online casino and poker room bonuses, online sportsbooks have their own bonuses. There are several bonuses offered throughout the year and are often released in accordance with major sporting events and tournaments. Welcome Bonuses grant new bettors a generous bonus percentage attached to their first deposit that can be used instantly. Bonuses are offered throughout the year, meaning there is never a shortage of free money to go around.
What Sports Can I Bet On At Online Sportsbooks?
Our recommended online sportsbook brands allow you to bet on sports and leagues from around the world. You can bet on mainstream sports like football, American football, baseball, basketball, hockey and tennis. There are also betting lines on horse/car races, boxing/MMA fights, eSports and more. Bettors have plenty of action to choose from.
What Types Of Betting Lines And Wagering Types Will I Find Online?
Bettors can find betting lines on all the major sports leagues from around the world. There are betting lines on all of the different sports mentioned in the previous section. Some of the most common wagering types include point-spread bets, over/under bets, money line bets, parlays, prop bets and future bets.
Many reputable sportsbook brands also feature live betting lines and wagering types, which allow bettors to place wagers in real time during matches.
How Secure Are Litecoin Deposits At Online Sportsbooks?
Litecoin transactions are amongst the most secure transaction methods available. On top of the SSL data encryption already present, Litecoin transactions are verified by miners. LTC transactions also only require your digital wallet address and signature as opposed to personal information attached to your credit card, for example.
If There Are Not Any Sportsbooks Allowed Where I Live, Is Online Sports Betting Legal For Me?
If the online sportsbook is legally sanctioned and regulated, they are considered legal in the eyes of most countries. Betting with an unlicensed sportsbook is illegal and can lead to prosecution.
How Do I Purchase Litecoins?
Litecoins can now be purchased using Coinbase, one of the biggest digital currency providers on the market. Coinbase recently accepted LTC as a viable alternative currency form. Once you have purchased the coins, you can store them in your digital wallet and send them through the blockchain.