Litecoin is one of the oldest cryptocurrencies in existence and is often considered a spiritual younger sibling of Bitcoin.
So, chances are, if you’ve been in the crypto space for any amount of time you’ve probably heard of it. You might even be holding some!
But did you know you can use your Litecoin to gamble? Online gambling isn’t new, but bookies have now started allowing punters to use crypto to place wagers, making the entire experience faster, safer, and more lucrative!
In this article, we’ll look at:
- 12 Best Litecoin Gambling Websites in 2023
- 10 Things to Consider When Picking a Litecoin Gambling Website
- The 6 Best Litecoin Betting Games
- How to Get Started with Litecoin Gambling Sites
So, let’s dive in!
12 Best Litecoin Gambling Websites in 2023
10 Things to Consider When Picking a Litecoin Gambling Website
Now, if you’re looking to jump on a Litecoin gambling site right away, you could just dive right into one of the Litecoin betting sites on our list, safe in the knowledge that we’ve done our research!
That said, doing your own due diligence is always a good idea, as your individual requirements might make some sites a lot better than others.
So, let’s take a look at some of the things you should keep in mind when you’re scouring the web for the best Litecoin betting site out there:
#1. Restricted Countries
Geo-restrictions are our first port of call because if a Litecoin gambling site doesn’t operate in your area, you can move right on to the next on your list.
Licensing is one reason that Litecoin casinos implement geographical restrictions. Acquiring and observing the requirements of lots of licenses issued by various regulators can be a lot of work, so they might pick certain regions and licenses to focus on.
This, however, doesn’t mean you can’t gamble with Litecoin – only that if one of the best Litecoin gambling sites doesn’t operate in your area, some of the others on the list will!
#2. Reputation and Trust
Reputation is one of the biggest considerations in our book. It takes time and a history of stability, security and top service to build a great reputation, so it’s a fantastic sign of a safe site to use.
A few minutes spent looking up user reviews on platforms like Reddit or simply Googling the Litecoin gambling site should give you a pretty good idea of what people are saying about them.
Remember, you’re going to be depositing your funds at the site. It’s good to know that your Litecoin is going to be handled by a trusted, reputable one!
#3. Provably Fair
In addition to unfavourable odds, something that a lot of people have misgivings about when it comes to casinos is whether the game is rigged. This could be either via a little bit of sleight-of-hand from a dealer or malicious code on an online gambling site.
Well, blockchain technology and cryptocurrency have changed all that! Provably Fair technology is a software algorithm that provides you with a seed number before you play that you can compare to another seed generated after the game is finished in order to ensure that everything was above board.
This is great for both you and the Litecoin gambling site; you can verify that the results were fair and the casino is assured that there haven’t been any hacks deployed by you or any third party.
#4. Payout and Withdraw Speeds & Terms
One of the most infuriating things about online gambling is scoring a big win but having to wait days for your funds to settle after you initiate a withdrawal.
Worse yet, banks somehow always seem to know the worst times to put transactions on hold and do a lot of prying before they finally release your cash.
Again, cryptocurrency solves these problems! When you transact in Litecoin, there are no third parties involved – you make deposits directly with the Litecoin betting site and withdrawals are sent directly to your Litecoin wallet.
Best of all, Litecoin puts the legacy financial system to shame when it comes to speed. While an electronic fund transfer can take days to settle, Litecoin transactions are confirmed in two and a half minutes!
Payout limits are also something to consider, as traditional gambling sites tend to only allow you to withdraw a significant amount of funds. Litecoin betting sites tend to lower that floor, but make sure the site’s payout policy matches your wants!
#5. Games available
We’ll go into detail about some of the top games you can expect to find on Litecoin gambling sites later in this article, but one thing is for sure – the best sites will definitely offer you a great variety.
You might even find that the best Litecoin betting sites take a step further and offer you more to bet on than just games. Sportsbooks and esports are also very popular, and a site that gives you more options is actively investing in your entertainment!
#6. VIP programs and Bonuses
While all of the different bonus options might intimidate newer punters, bonuses are a great way to multiply your winnings!
Try and keep an eye open for a bonus scheme that matches your style of play. If you’re going to deposit one lump sum and hope to play on with your winnings, look for a good deposit bonus. Whereas if you’re going to deposit smaller amounts regularly, reload bonuses are your friend.
If you’re going to be playing with significant stakes, watch out for sites that offer the best VIP programs. These may not interest the average punter (at first) but they’ll give you even bigger bonuses, exclusive events, improved winnings and lots more!
Cryptocurrency was invented with the grand dream of anonymous payments, and Litecoin gambling sites may appear on various points of the privacy spectrum.
You may be able to find sites that are happy to offer you complete anonymity, and all you need to do is connect to these with your wallet.
Some, meanwhile, will need to follow certain KYC (Know Your Customer) protocols, which means that you’ll have to provide them with a certain amount of personal information and/or identification in order to avail yourself of their services.
The difference here may come down to what licenses they hold, and what sort of standards they have to uphold in order to retain them.
While licensing can mean that facets like privacy have to be compromised, they do come with certain upsides. Keeping you safe and your gambling experience secure are just two of them and we think that’s positive!
If a Litecoin gambling site holds a particular license from a regulator, they have to keep their services at a certain standard, which largely is aimed at keeping you, the customer, as protected as possible!
Security certificates are another area to look at. Make sure to check what sort of certificates and encryption sites are using to be sure that you’re in no danger when you connect your wallet!
#9. Customer Service
Customer service is low on our list here because, unlike most other industries, their power may be limited when it comes to crypto gambling.
You can definitely expect the customer service team of one of the best Litecoin gambling sites to give you as much help as they can and resolve any issues to your satisfaction if the site is at fault.
However, if you make a mistake entering your wallet key or any sort of transaction details, customer service won’t be able to help you. Once confirmed, a blockchain transaction simply cannot be changed.
Unlike the above considerations, this isn’t something you need to look at on a site-by-site basis, but it is important if you want to gamble with Litecoin.
Online gambling has been around for a while and is legal in most countries, but if you’re in any doubt at all about your area, you ought to check.
If online gambling is legal, crypto may not be. Governments nowadays keep changing their mind about what crypto is and how legal it is, so keep an eye on developments.
If crypto and online gambling are both legal, you should be good to go as long as you’re of the minimum legal age for gambling in your state or country!
How We Rated The Litecoin Gambling Sites
Looking into all of those considerations might sound like a Herculean task, but luckily we’ve done plenty of that work for you!
These are the different things we took into account when we evaluated the best Litecoin casinos on our list:
- Reputation: How good the site is considered to be by its users, as per online reviews, testimonies, and forums.
- Trust: How much trust the site enjoys and whether high rollers are happy to place large wagers and make big deposits.
- Customer Service: How fast and responsive the site’s customer service is when there’s a problem and how good they are at resolving issues.
- Security: The Litecoin casino’s security is one of the most important factors we’ve considered in our rating, including whether they’ve had any breaches in the past and how they’ve handled them.
- Licenses: Sites with licenses from relevant gaming authorities were featured much higher in our rankings.
- Promotions and Bonuses: Promotions and bonuses are two of the quickest ways for you to get immediate rewards on Litecoin betting sites, so we’ve looked for the best in the business.
- Provably fair games: We’ve done our best to make sure the games offered by the sites are fair and not rigged in the slightest by checking whether the sites use Provably Fair technology.
- Games available: Your entertainment is important, so we’ve made sure to account for a wide variety of gambling and gaming options offered by the sites on our list.
- Cryptos available: We think it’s super beneficial when crypto betting sites offer you a good selection of cryptocurrencies to gamble with, just in case you want to ‘hold’ your Litecoin for the moment!
- Payouts and Withdrawal: We consider easy payouts and fast withdrawals to be of utmost importance and have made sure to reflect that in our ratings.
- Anonymity: We’ve factored in whether or not the site allows you to gamble anonymously, or what details (if any) they require for registration.
- High Returns: Last but definitely not least, we’ve done our best to make sure the sites on our list reward you richly for playing!
6 Best Litecoin Games
There are a lot of great games you can play with your Litecoin. In this section, we’re going to take a look at some of the most popular games offered by the best Litecoin gambling sites!
#1. Litecoin Poker
Poker is one of the most popular card games on the planet, and often the first game one thinks of when it comes to a casino. Litecoin poker, therefore, is definitely a thing!
There are a lot of variants of poker and most of them involve forming a ‘hand’ of 5 cards that has a different value based on the combinations of cards within. Having two cards with the same number, such as two Kings, is a ‘Pair’ and is the lowest value combination. Meanwhile, the highest is called a ‘Royal Flush’, and is when you have cards Ten through Ace in the same suit, for example, the Ten of Spades, Jack of Spades, Queen of Spades, King of Spades and Ace of Spades.
Some variants of poker, such as the extremely popular ‘Texas Holdem,’ also feature multiple betting rounds and thus can be extremely interesting and ramp up to high stakes in a short time.
What’s more, you can often play Litecoin poker live against other players, or against the house in video poker!
#2. Litecoin Blackjack
Blackjack is one of the most popular casino games among card sharks and features a much faster pace than most poker variants.
In blackjack, you’re trying to reach a numerical total of 21 with your cards, where face cards are all valued at 10, aces can be either 1 or 11, and numbered cards take their own values. Cards are dealt one at a time, and you can choose at any time not to be dealt any more cards.
As such, if you’ve got a good nose for probabilities, blackjack might be for you! It’s a fast, fun game where you can multiply your winnings in a relatively short period of time.
#3. Litecoin Dice
Dice games have been around for entire millennia, and you had better believe you can play dice with Litecoin too!
Most dice games involve a six-sided die, and what game you’re playing will dictate what numbers you’re aiming to hit or what combination of dice you need to show.
Often, you’ll be guessing whether the number on your next roll is over or under a given number, with the payout depending on the probability of your choice. High risk, high reward!
#4. Litecoin Roulette
If you walk into any top casino, odds are the most excitement you’re going to find is at the roulette table! It might be less raucous when you’re on one of the best Litecoin gambling sites, but it’ll be no less fun.
Roulette is played on a numbered wheel, which is spun by the croupier. A ball also spun on the wheel, will end up on one of the red or black coloured pockets numbered 1-36. European roulette also has a pocket numbered zero and coloured green, while American roulette has two zeros.
You can place a bet on the ball ending in any of the numbered pockets, between the pockets, on their corners etc, which are called inside bets; or go for outside bets with better odds like low or high (1-18 or 19-36), red or black, even or odd, and so on. The house wins on zero!
Roulette is extremely fast-paced given the wide variety of odds the different bets carry, and you could multiply your Litecoin in minutes!
#5. Litecoin Lottery
Litecoin lotteries are yet another way to claim a big jackpot! Lotteries generally have a much lower chance of winning than other games on this list, but the best Litecoin betting sites will generally display your odds before you play.
In most Litecoin lotteries, you have to pick six numbers between 1 and 49 and can win big if you’re correct!
#6. Litecoin Slots
Slots are another casino classic where all you have to do is pull (or press, since it’s online) a lever and see what the reels show!
If you manage to get the right symbols in a row or in the required combinations, you can win big! Remember to keep an eye out for ways to earn free spins in order to maximize your payout!
How to Get Started with Litecoin Gambling Websites
Litecoin Gambling Sites FAQ
#1. What’s the Best Litecoin Gambling Website?
Litecoin has been around for a long time and is one of the most popular cryptocurrencies out there, so there are naturally a lot of great Litecoin casinos for you to choose from. Our list at the top of this article has weighed a lot of important considerations and rated some of the very best, so that’s a good place to start!
However, your own personal preferences may mean that you consider certain factors a lot more important than the average punter!
As such, try and identify what’s most important to you, whether it be security, reputation, privacy or payouts, and stick with the Litecoin betting site that does that best.
#2. What’s Litecoin?
Litecoin is one of the earliest cryptocurrencies to be established all the way back in 2011, which is positively ancient in crypto terms and is actually a fork of Bitcoin’s codebase. This means that they share the same base code but have several key differences.
For example, Litecoin features a faster transaction time than Bitcoin, taking just two and a half minutes to settle. A lot of newer cryptocurrencies can validate transactions faster, but this is still lightning quick when compared with the legacy banking system!
Litecoin is also ‘cheaper’ than Bitcoin and less scarce, with a total cap of 84 million Litecoin, which amounts to four times that of Bitcoin. This means that it’s a lot harder to see Litecoin reaching the prices that Bitcoin has hit, making it perhaps a little easier to transact with psychologically!
#3. Is Litecoin a Legitimate Cryptocurrency?
It absolutely is. As mentioned above it’s one of the oldest cryptocurrencies in existence and has come to be known as ‘digital silver’ to Bitcoin’s ‘gold’ and Ethereum’s ‘oil’. It’s extremely widely used and is quick and easy to transact with, and can be found on every major cryptocurrency exchange.
Litecoin is maintained and constantly upgraded by the Litecoin Foundation, which is a non-profit entity headquartered in Singapore.
#4. Is Litecoin Anonymous?
Actually, Litecoin, like many other cryptocurrencies, is considered to be pseudonymous rather than anonymous. This means that while you transact with Litecoin only through your wallet and therefore are identifiable only by that wallet’s public key, the blockchain is public and all of your wallet’s transactions can be tracked and catalogued.
While this isn’t a concern for many, it does mean that coins originating from any sort of illicit or dark market activity are a valid reason for your wallet to be blacklisted by exchanges.
Even if you’re fine with simply being identified by your wallet’s public key, remember that the moment you link that key with your identity, such as on a social media account, anyone can view your transaction history with that wallet.
#5. Is Litecoin Safe to Use in Online Casinos?
It is! In fact, using Litecoin is far safer than traditional fiat currencies. The immutability of blockchain transactions means that nobody can change or tamper with a transaction once it’s been confirmed, and you can rest assured that there are no middlemen involved.
Just remember to double and triple-check all of the details you enter when setting up a transaction, as if you make a mistake here there’s no way to go back and correct or reverse it.