As sure as night follows day, when a relatively new crypto currency appears and starts to get used, a range of different gambling sites will then add it to their banking interfaces and allow you use it to both fund your accounts and also make withdrawals from your account too.
That is certainly the case with Litecoin, and recently there has been something of an increase in the actual number of sports betting sites that accept Litecoin and also many casinos and poker sites and rooms now accept that digital currency too.
With that in mind this beginners type guide will walk you what through exactly what you should always demand from any sportsbook that does accept Litecoin, for one thing is certain when you are on the hunt for any type of sport betting site, you will come across lots of them not all of which will be the ideal place to gamble at!
If you do have any questions about gambling in general online, then please do make use of our additional and supporting guides and articles that are dedicated to every type of crypto currency gaming environment you will discover online.
What Makes A Litecoin Sportsbook a Top Rated One?
Everyone is going to have their own ideas in regards to what makes a sportsbook one that is up there with the best of them! However, there are always going to be a set of features that any savvy sports bettor should be demanding, and below I will give you an insight into what those features are.
In addition to the standard way that you place any type of sports related bets and wagers, by taking the odds before the sporting event starts you will come across some sportsbooks that additionally offer an in-play type of betting market.
As the name suggests those betting markets actually open up and go live only once a sporting event starts, and by using a sportsbook offering both the standard and those in-play betting markets you will always have plenty of betting opportunities before and during any game.
Having access to both an online betting platform and a mobile one is going to additionally ensure that when you do spot a betting opportunity that you fancy betting on, you can get that bet placed instantly irrespective if you are sat at home in front of your computer, or out and about with your mobile or cell phone!
No sports bettor is going to want to see Sportsbooks and bookmakers lowering the odds they have available on any type of sport betting opportunity, so look out for site that has their odds and betting platforms updated in real time, as that way you can always get those odds displayed when betting at such a site.
Fast winning payouts should be standard at any gambling site these days, however there are still betting sites in particular that like to drag their heels when it comes to paying winning customers out.
I would advise you to steer well clear of any betting site that does not allow you to make a withdrawal using Litecoin that does not process them instantly when the withdrawal is made, as you could be waiting for ever to get paid out your winnings if you don’t!
Whilst it is always nice to be offered some form of sports betting related promotional offer such as a deposit bonus or a match bet, keep in mind any of your your chosen Litecoin betting sites are not offering them due to their generosity!
There will be rules to be adhered to and followed whenever you do accept any type of betting related promotional offers or bonus, and if you are wary about the terms and conditions and any additional rules associated with such an offer, then never claim any of them!
It’s fairly true to say that gone have the days when a sportsbook would only offer odds on a small number of different sports betting opportunities, so you will often find sportsbooks that have odds available on every single sporting event or fixture held anywhere in the world.
There is however something of an art in being able to spot the best betting opportunities and those that are likely to see you getting the most returns when they are winning ones, and that is an art form that can take some time to fully master by the way!
But by you becoming something of a savvy shopper, and always one that why you should always be prepared to shop around at any sportsbooks you have an account at in regards to ensuring you are always getting the best valued odd.
Failing to do so will of course mean that you will be missing out on some much bigger payouts by you taking those lower valued odds!
Betting in Litecoin Units or in a Currency
It is important for you to understand just how you will be placing your best and wagers at a Litecoin accepting sportsbook. Some of them allow you to fund your accounts in that crypto currency and if they do then you will be placing your wagers using units of that crypto currency.
However, some Sportsbooks and betting sites allow you to use Litecoin as your preferred deposit and banking option, but it will then be converted into one of several different currencies, allowing you to place your bets in for example US Dollars, UK GBP and Euros.
Which Sportsbooks Accept Litecoin
Sadly having hunted high and low around the web I didn’t come across a huge and very diverse range of sports betting sites that will accept Litecoin that are of the quality all sports bettors should be demanding.
There are a few though that have received some fairly impressive reviews from their customers and those betting sites include SportsBetting.ag, BetOnline and Heritage Sports, so possibly take a look over each of their websites to see what else they are going to be offering you if you do want to use Litecoin as your preferred sportsbook banking method.