Litecoin Casinos

Litecoin is an online crypto-currency that uses blockchain technology much like Bitcoin. Litecoin can be used at a growing number of online casinos and steadily becoming more popular.

Our OUSC exclusive guide to Litecoin casinos discusses the online casino sites that accept Litecoin as a banking option, along with the steps to make a deposit as well as requesting a payout.

Litecoin has several advantages over its more famous rival, the main benefits being are:

  • 50 Times Cheaper
  • 4 Times Faster

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Why Use Litecoin at Online Casinos?

Like any casino payment method, Litecoin has its advantages and its drawbacks. The main challenge you’ll face is the lack of sites which accept this crypto, but we solve that problem for you by recommending safe Litecoin casinos.

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Litecoin Benefits
  • Faster Than Bitcoin: Both are plenty fast, but Litecoin transactions are four times faster than Bitcoin. This is the fastest payment method in online gambling.
  • Cheaper Than Bitcoin: Litecoin’s all-time high value was $360.93, compared to over $18,000 for Bitcoin. Litecoin grew in value from $4.00 to $360.00 in only a year and it stands to gain in value while you use it for online casino gaming.
  • Not Tied to a Bank: Like other crypto-currencies, it isn’t tied to a central bank. Fluctuations downward are possible. Instead, Litecoin’s value is based on its current trading value on exchanges like Bitfinex, GDAX, OKEx, and Coinbase.
  • Private, Safe, and Secure: The reason people prefer blockchain payments is its combination of privacy, transparency, safety, and security. You can see every transaction but maintain your anonymity. Identity thieves can’t steal your information.

With those advantages, many players who prefer crypto-currency deposits but are concerned about losing value with Bitcoin payments should consider this alternative. Because it was designed with the pitfalls of Bitcoin in mind, Litecoin is considered safer than its more famous cousin.

Today one of the major drawbacks we find is that it’s not accepted everywhere. Since Litecoin is only 2 years old, many online casinos still do not support this method for deposits.

Top Litecoin Casinos to Play Online

Looking for online casinos to play and bet with Litecoin?
SportsBetting.ag and BetOnline are our top recommended casinos that accept Litecoin as a payment method. Below you will find the deposit and payout limits, as well as the exclusive LTC bonus offer at each casino.

#1

BetOnline Casino

BetOnline accepts and supports Litecoin payments from USA players. BetOnline Casino has a comprehensive gaming experience, as it’s an online casino with poker, live casino games, sports betting, horse betting, eSports, and financial wagers.

The $500 Crypto-Bonus has a minimum deposit limit of $20, while the bonus applies to Bitcoin, Bitcoin Cash, DASH, and Ethereum as well.

Deposit Limits Payout Limits
Minimum: $20
Maximum: $25,000
Minimum: $20
Maximum: $10,000
BetOnline Casino Welcome BonusLTC Bonus:
Claim your $500 Crypto-Bonus today by signing up using the Code: CRYPTOBET. This promotion has a 14x playthrough.
#2

SportsBetting.ag Casino

SportsBetting.ag is a US-friendly site accepts Litecoin as a payment method. Payments usually happen within 2 hours, but usually within a few minutes. Payouts reach your Litecoin wallet within 48 hours, but usually within an hour.

SportsBetting charges no fee for LTC payments, which make it a much better choice than credit, debit, or gift cards (7.5% fee).

Deposit Limits Payout Limits
Minimum: $20
Maximum: $25,000
Minimum: $20
Maximum: $10,000

Using Litecoin as a Payment Method at an Online Casino

Litecoin LogoPlayers who haven’t used a crypto-currency payment before might not know how to make a Litecoin payment. Follow the steps below to use LTC at your favorite online casino. The first thing to remember is to choose a wallet, which works like a web wallet, and a Litecoin exchange, which is where you buy them in the first place. Luckily, we have recommendations for wallets and exchanges.

Making an Online Litecoin Deposit

#1
Choose a Litecoin Wallet: Pick a trustworthy service which holds your Litecoin crypto-currency. SportsBetting and BetOnline each suggest one of three options: Loafwallet, Electrum, or Coinomi.
#2
Buy Litecoin at an Exchange: Next, pick a top crypto-currency exchange to purchase your LTC. Once again, BetOnline and SportsBetting has recommendations: Coinbase.com, Bitstamp.net, and Kraken.com. You can make purchases using a credit card, bank account, or ACH.
#3
Sign Up at an Online Casino: Choose a real money online casino for your crypto-currency gaming. Remember to pick a site which accepts Litecoin. Click “Sign Up” to join a site by filling in a registration form. Don’t forget to use your confirmation email.
#4
Log In and Make a Deposit: Log in to the online casino account, then pick Litecoin as a payment method in your player dashboard page. Transfer some of the Litecoin from your wallet to the online casino. Deposits take a maximum of 2 hours but usually take a few minutes.
#5
Play for Real Money: Now you have Litecoin in your online casino account. Remember to accept your Crypto-Bonus and wager on sports betting to clear your requirement. SportsBetting and BetOnline require players to email a coupon code to activate a bonus, so contact customer support when signing up.

Receiving an Online Casino Payout with Litecoin

Play Your Favorite Casino Games

Enjoy the full breadth of gaming options, including online casino games, sports bets, race bets, poker, or live dealer games. Once you clear your Crypto-Bonus, you might qualify for weekly bonuses or reload bonuses, so ask the cashier what promotions they have for LTC users. If your casino account gets low, simply use the process above to add more Litecoin to your casino account. Real money play has its ups and downs, so don’t get discouraged if you need to make a second deposit. Check for reload bonuses if you make a second deposit.

Make a Withdrawal

When it’s time to withdraw your winnings, go to the Cashier page and pick Litecoin as a cashout method. Transfer funds to your LTC wallet. This has a withdrawal time maximum of 48 hours but usually appears in your wallet within two hours.

How to Choose a Litecoin Online Casino

When choosing an online casino that accepts Litecoin, you need to consider how the deposit and withdrawal limits on LTC payments are. You want a crypto-currency payment to be quick and be able to handle the size of your transactions, whether they are small or large. Promotional bonuses which accept crypto-currencies are important, along with the standard ways one evaluates online casinos (game selection, software). Here’s a list of everything you should consider from a LTC online casino.

  • Deposit Times and Limits
  • Withdrawal Times and Limits
  • Litecoin Exchanges Accepted
  • Litecoin Wallets Accepted
  • Game Selection
  • Mobile Optimization
  • Customer Support (24/7 Live Chat)
  • Crypto-Currency Bonuses

Top Online Casino Games that Can Be Played using Litecoin

Players that use Litecoin to bet at an online casino are able to play any of the games available. This is thanks to the fact that the casinos treat cryptos as real money. A few of the popular games that players enjoy more include:

Litecoin deposits and payouts

Litecoin: Brief History

Charlie Lee LitecoinCharlie Lee, an MIT graduate and computer scientist who formerly worked for Google and Coinbase, created Litecoin (LTC) in 2011. To this day, Charlie Lee is the head of the Litecoin Foundation, though he sold his LTC holdings in December 2017 to avoid a conflict of interest. Lee’s brother, Bobby Lee, is head of the Hong Kong bitcoin exchange, BTC China. Charlie Lee said he did not intend to compete with Bitcoin, but designed Litecoin in his spare time at Google to help with small transactions.

Charlie Lee left Google in 2013 to work at Coinbase, which launched Litecoin that same year. By 2015, LTC reached a $1 billion market capitalization. While heading the Coinbase development team, Charlie Lee experimented with the Segregated Witness protocol and processed Lightning Transactions. Litecoin adopted these safeguards in 2017, well before Bitcoin did the same.

Litecoin’s Growing Popularity

Litecoin Populat CryptocurrencyMany digital consumers prefer Litecoin to Bitcoin because its transactions are faster (2.5 minutes to 10 minutes), while LTC’s mining distribution method is fairer than Bitcoins.

Litecoin’s value is based on a balanced combination of scarcity and marketing liquidity. With 84 million LTC theoretically possible, Litecoin has more liquidity than Bitcoin. With only 53 million LTC mined so far, the crypto-currency has room for growth.