Since its launch on the 13th of October 2011, Litecoin has managed to attract a great-deal of buyers and investors. Known as the silver to Bitcoin’s gold, the network is a good alternative to the giant, even offering some advantages unknown to it. Although a generally good long-term investment, the coin was modeled to suit more routine transactions, smaller in size.
One particular use of the coin has been to fund gambling operations online. Virtual more and more casinos have opened their doors to Litecoin users. The only problem is some users do not seem to be in the full groove of online gambling and are not getting returns the way they expected. Well, the truth is no one ever really does. Nonetheless, this review intends to help all the troubled players navigate the best Litecoin casinos out there, a complete guide on LTC gambling.
What is Litecoin gambling?
Litecoin gambling is just that, Litecoin gambling. In order to partake in such activities, players must have a functional LTC wallet. Although not the best on the market, this digital currency features some of the best inherent qualities around. Gamblers get to tap all those features and aim them towards their gambling endeavours, ultimately giving them a better experience.
Litecoin is a well-known currency, so nearly all online gambling platforms that accept crypto accept it as well. On such platforms, players are permitted to put in deposits with the token, place wagers, and cash in any apparent winnings with the token. More specific procedures will be stated further in this guide.
Why should you gamble with Litecoin?
Litecoin is a well seasoned digital currency, coming just two short years after the famed Bitcoin. Although it was made on the same skeletal code base, the LTC blockchain features some key modifications that make it the formidable force it is now. Such are the cheaper mining costs, ultimately leading to cheaper token values, as well as faster block production, effectively making transactions a quarter fraction faster than Bitcoin.
Besides the more specific features, other, inherent qualities can be utilised by players. These are due to the network being bloackchain-based and include anonymity, fats procedures, and security of funds.
How to gamble with Litecoin
In order to gamble with LItecoin, players, first and foremost, need to have wallets. Assuming they do, they need to select a suitable gambling site. Now, this part may be a bit tricky ad require players to be a little patient. Typically, choosing a gambling site is a key aspect that ultimately determines the type of experience to be had. Certain considerations need to be made, regarding the casino’s reputation, legitimacy, and prospective winning rates.
Upon choosing a website, the signup form should be simple enough and grant the player access within minutes. From there, deposits and their subsequent withdrawals can be made with ease.
As previously stated, Litecoin is quite popular. As such, many assistive programs and platforms have been created to facilitate these purchases. Basically, cryptocurrencies are purchased with regular currencies using standard conversion rates as dictated by the market. Exchange platforms are the most common means of purchasing tokens, usually simplified for user convenience. Alternative methods are specialised wallets that interface the website with an existing e-wallet, allowing users to buy tokens directly from the cashier section of their gambling website.
On exchange platforms, the following general steps are taken to purchase Litecoin:
- Opening and exchange account
- Requesting a purchase
- Selecting the required cryptocurrency, in this case, Litecoin
- Entering the amount to be of money to be converted into tokens
- Confirming the purchase
The following wallets are recommended as they offer reliable refuge to Litecoin tokens:
- CoinsBank – allows storage of multiple cryptocurrencies, Litecoin included. Funds can be transferred with ease at the user’s request.
- Cryptonator – not only does this wallet store Litecoin, it allows conversion into other cryptocurrencies as well.
- FreeWallet – as the name suggests, this wallet’s services are free. Deposits and withdrawals are fast and reliable.
Choose a website to play
The following websites are ranked amongst the best Litecoin gambling sites in the industry today.
This casino became operational in late 2014. For the next several years, it would become one of the greatest names in online gambling, unchallenged by most in the aspect of service provision. The platform did not always accept Litecoin as it was established as a casino circulating only fiat currencies. The eventual integration with digital currencies saw rapid inclinations in site traffic, as gambling enthusiasts flooded in from all around the world.
The interface is fully packed but organized in such a way that makes it hard to notice. The 2 500+ strong lobby gives players the time of their lives as they navigate endless oceans of games. In this lobby, players can expect to find all their favourite games, with all the bells and whistles modern technology has to offer. The games are produced by leading names in software development, the likes of iSoftBet, BetSoft, and Booming Games, among others.
The platform is registered under Dama N.V. and licensed by the Curaçao Gambling Commission
- A BitStarz mobile application for on-the-go access to casino games.
- A 24/7 customer service crew that typically responds within 24 hours.
- A €500 welcome bonus, along with a courtesy package given to players who download the mobile application
- Generous bonus giveaways
- Permits Litecoin
- Fast and affordable withdrawals
- Somewhat clustered platform
Fortune Jack casino was launched in 2014, making them a very experienced platform. The interface is an amazing blend of elegance and sophistication, featuring some interesting animations and sound effects. It is also open to a bit of customisation, where the player can select the language and the type of games they would want to appear. All in all, the platform is well developed and easy to navigate, where players new and old can find the required game in just seconds.
Made by developers such as Pragmatic Play, Ezugi, and iSoftBet, the game lobby is quite impressive, neatly organised in-game categories. Players find their favourite game titles under the Table Game Section, titles such as Poker, Baccarat, Roulette, Blackjack, Casino Hold’em, and their international variations. More table and card games can be found under the Live Casino section which is run by some professional dealers and broadcast to players via a live feed.
The slots make up a large chunk of the casino, with some of the best graphics available. The slots are fun and exciting, and the operator ensures there is something for everyone. The themed slots are quite popular as some of them depict some of the greatest events and mimic some of the most iconic people in history.
- Amidst all the gaming chaos, players can also engage in classic dart games
- The games are all tried and tested to be bug-free and fair to all players
- The active staff engages with players on a level unmatched by other casinos
- A first deposit bonus of 250 free spins and up to 174 LTC, along with a no deposit bonus that gives 25 free spins
- Large game collection
- Security of funds and player credentials
- Accepts Litecoin
- Terms to bonuses may need to be revised
mBit Casino is yet another 2014 production. This casino makes ranks in this guide because of its widespread good reputation, mostly accredited to its excellent security service that has seemed too safe gambling for years since its establishment. Like most others, the platform is registered under the regulatory laws of Curacao, making it liable to legal requirements that ensure the overall well-being of gamblers.
The game lobby holds a considerably large collection of games, ranging from slots, table, and card games, to live casino titles. Collaborations with dozens of software providers make sure a steady stream of new games is supplied to the platform, though not as often as other sites. To such ends, the platform receives hundreds of new players every day and successfully manages to hold on to them for quite a while. All players are liable for bonus rewards and promotions, which could prove lucrative if used methodically. Pay-outs are generally fast, being processed and transmitted in quick succession.
The interface is well optimised, playable on all mobile and tablet devices. The game typically loads within seconds and gameplay is fluid across all of them. The platform comes in a number of languages. That, and a couple of other features, can be found under the casino menu.
- A 24/7 customer service crew is available to assist players in any way possible and can be contacted via an in-platform Live Chat.
- The four-tier welcome bonus is open to all, where new layers are 300 free spins with a deposit of at least €50. The three other deposit bonuses are similarly decent. The bonus terms are quite lenient and are more conducive for profit turnover.
- The operator encrypts all player credentials and transaction details.
- Fast transactions
- Secure gambling
- Conducive bonus terms
- Regional restrictions
Make a deposit
Deposits are typically made in the cashier section. A deposit code is given in each game and a player must use it to place their required deposits. Limits on how much a player can deposit vary from site to site, but the good thing about using Litecoin is that these limits are rarely an issue of concern. The same applies to timeframes. Although they may vary from site to site, deposit timeframes are also an issue of no concern when using digital currency. This is due to the inherent nature of cryptocurrencies to facilitate fast transactions, undisturbed by timely processing stages.
Get free spins
Free spins are generally awarded in every casino. Some casinos, however, go the extra step of awarding them at more diversified intervals. Free spins may be awarded as part of a No Deposit Bonus, a match deposit bonus, tournament winnings, or periodic promotional offers. In some cases, they come with added features, such as winning symbols in slots. Overall, free spins are a great feature most, if not all, players can claim in LTC casinos.
Find your game
Frequent gamblers are known to be occasional high rollers, placing stakes in multiple games in a bid to increase their chances of winning. That said, a wide range of games is available on LTC gambling platforms. Although the word ‘Casino’ is used a couple of times, slots and table games are not the only gambling options with Litecoin. Rather, sports betting is also available for token holders. The following free Litecoin games are featured:
Table and Card Games – Faro, Baccarat, Roulette, and Blackjack are all available for players, among others. Players also get to play poker with Litecoin.
3D Slot Games – these include the famed progressive slots that hold large amounts of real money.
Lottery Games – most platforms have daily lotteries that are available to all players.
Dice Games – these are not found in many casinos but are still popular, where players need to predict the outcome in order to win the jackpot. Litecoin Dice, are a really exciting venture.
The Sportsbook – this is a collection of live sports, e-sports, and competitive races from around the world.
Play and win
There is no better way to increase your chance of winning than playing more games. Adding a title or two is a good practice that helps boost player morale, along with increasing stakes!
Make a withdrawal
LTC withdrawals are known to be efficient, win little or no charges taken from them. The withdrawal limits, however, may vary from site to site, where some are even known to have no limits whatsoever.
Is Litecoin gambling legit?
The overall legitimacy depends on the platform. On the other hand, it helps that the nature of Litecoin promotes secure interaction. Overall, most LTC gambling sites are safe and reliable; players have no reason to worry.
- Fast transactions
- Cheap transactions
- Encrypted platforms
- Mobile websites and applications
- The anonymity provided by the Litecoin network might prove to be problematic in the hands of fraudsters
- A lot of sites restrict countries
Charlie Lee developed a great alternative for crypto-transactions. His innovative ideas effectively make the token one of the fastest and most reliable in the world. Simply put, Litecoin has all the necessary qualities that make it an appropriate tool for online gambliing