Litecoin Sports Betting

You should not struggle to find the best online sports betting sites. With the incredible growth witnessed in the industry, there are many platforms where you can play online. However, there are a couple of platforms you should avoid.

Litecoin Sports Betting. While bitcoins are certainly the most famous cryptocurrency doing the rounds on the net, litecoins are rapidly gaining ground. Hot on the heels of bitcoin, this cryptocurrency is the silver to bitcoin’s gold, and with a larger total block limit, there are potentially more litecoins up for grabs than bitcoins.This has not gone unnoticed in the online betting world. Bet bitcoin on Nitrogen Sports, the best bitcoin sportsbook, online poker, and crypto casino. Create a free & anonymous account now to start bitcoin betting!

To help you find the best sports betting sites, this guide lists the top three best online sports betting sites: Bovada, BetOnline, and MyBookie.

There are many factors that make the best online betting sites. These sports sites cover many sports and have the fastest payouts. They are honest, trusted and reliable.

1.Overview of Bovada

Bovada is by far the best sports websites for bettors in the US. The company offers everything you would ever want. Bovada is easy to navigate, professional and has many offerings for bettors. Players have never complained about missing payouts. It is one of the most secure sports gambling sites.

Banking and Deposits

Bovada boasts of smooth deposit options for gamblers. However, the platform does not have many deposit money deposit options although things are easy and straightforward. Deposit options include bitcoin, Amex, MasterCard and visa. Transactions are quite fast with fewer hoops. You can use the cash almost immediately.

2. BetOnline

BetOnline is yet another notable sport betting platform. They always improve infrastructure, bonuses, and promotions so that you can get incredible products. It is important to know that you are playing on a platform that keeps improving their performance.

Banking and Deposits

The platform requires a minimum of $10 to play. Payment options include MoneyGram, Mastercard, western union, bitcoin, Skrill bank, discover card, diners club, American express, Ethereum. Support BTC and USD.

Customer Support

Customer support is extremely important when it comes to finding the best sports betting sites. BetOnline offers one of the best customer support system including email and phone. You can ask questions related to skill game, casino, and poker and you will get quick responses. Also, you can connect with the customer reps through social media networks such as Instagram, Facebook, and Twitter. Follow them on twitter to see how lines are moving and upcoming bets.

3. MyBookie

MyBookie is an incredible top online sportsbook and casino. Even though some aspects need to be improved, it still offers some incredible features that gamblers would appreciate.

Banking and Deposits

There are a host of banking options that the website offers. It is easy to deposit and withdraw funds any time of the day. However, the website does not offer e-wallet options like other sports gambling sites. Players hope in the future MyBookie will introduce Neteller and Skrill.

Bonuses

MyBookie offers some incredible bonuses for players. There is a broad assortment of bonus across sportsbook and casino which players can use to spin, earn bonus money and so much more. In addition, the bonuses are more extensive as compared to other sports betting online websites.

Sports

Customer Service Support

MyBookie has one of the best customer support among sports betting online sites.

First and foremost, they offer customer support 24hrs, offering help to customers. Apart from that, you can easily reach them through telephone, web form, and live chat. Customers have recorded satisfaction in customer support as they are helpful and fast.

Bitcoin sports exchange

User Interface

It does not matter if you are using a desktop version or mobile version of the website. Also, the quality of the user interface is commendable. The website is easy to navigate. It is never an issue to find what you want on the website, all thanks to the thoughtful and quality built.

Finding the best online betting sites that are safe and secure is not easy as there are many fake sites online. However, a good online gambling site is that which offer the best user experience, easy banking options, and great customer support.

Bet on sports

Litecoin Sports Betting

Litecoin
  • Betting Type

Betting on sports using Bitcoin has become a lot simpler than you can imagine. Recently, sportsbooks have been more accepting of Bitcoin bets and even give out larger bonuses for users who use cryptocurrencies, opposed to those who stick to traditional currencies. It’s also much nicer being able to both play and win in BTC.

Litecoin Sports Betting

We list the Top Bitcoin Sports Betting Sites

#1 – Cloud Bet

If you are looking for a safe and reputable bitcoin casino with multiple betting options, including sports betting and esports this is your best option.

You can literally bet on every major sporting event including NFL & NCAA football, NBA & NCAA basketball, MLB, NHL as well as boxing, rugby, MMA, and much more.

This is by far the best bitcoin focused sportsbook.

#2 – Bovada

This is one of the oldest sports books in the world, and they were also one of the first to focus on offering bitcoin deposits and withdrawals. A clear favorite Bovada offers betting on all of your favorites sports, they also offer a world class casino, poker rooms, live dealers, and much more.

#3 – Bet Online

Bet Online has an impeccable reputation and they have achieved this by offering some of the best customer service in the world, along with great odds. You can wager in BTC, and they offer options to wager on nearly any sporting event that you can think of. They also offer all new players a generous sign-up bonus. Also check out the great casino games.

#4 – Sports Betting

A global leader in offering world class sports betting, they offer multiple cryptocurrency deposit options including Bitcoin (BTC), Bitcoin Cash (BCH), Litecoin (LTC), Ethereum (ETH), Ripple (XRP) and Stellar (XLM).

#5 – GT Bets

This is another solid option for players who are want to wager on sports using Bitcoin (BTC) or other cryptocurrency. This is a smaller outfit than the others that we recommend, the benefit of this is they really go out of their way to offer the best in customer service, and they always aim to payout winnings as fast as possible. Make sure to checkout the promotions page.

The Basics of Bitcoin Sports Betting

Players must comprehend the fundamentals of crypto-currency betting before they even place their bets. There is a wide variety of bets you can choose from, each of them having its own pros and cons based on their type, wage and value. Some of the most popular ones are:

  • Moneyline
  • Parlays
  • Props
  • Point Spread
  • Futures
  • Live Bets

Moneyline: Choose the Winner

The most straightforward way to get into Bitcoin sports betting is Moneyline. The player receives a payout that is directly linked to the result of the event that is happening. The odds are expressed with fractions, decimals or American odds. We will use American style round the entire post, to keep things most understandable.

American odds detail what it would take for the player to win a certain amount of money on a particular bet. Imagine that the Super Bowl is happening and the player wants to win 100$. Odds are usually displayed as:

Pittsburgh Steelers (-200) vs. Dallas Cowboys (+180)

This means that if the player wants to win the 100$, they are required to place a 200$ bet in favor of the Steelers. In contrast, if the Cowboys win and the player has bet on them, they get paid out a sum of 180$.

Sportsbooks root the payouts by the current trends across the betting market; this is the reason why the payouts are much less than the bets themselves.

Parlay: Stacking Up Wins

Parlay betting allows the player to stack up games in order to enlarge their win. Usually, up to three games are required to place a parlay bet. The player can also use point spreads and moneylines to be stacked on a parlay.

While the payouts are generally larger, the only downside is that the player needs to win all the bets in order to be paid out.

Props

“Props” or propositions bet means that the player bets on a certain occurrence of the event, not the result of the event itself. For example, the player can bet that Dak Prescott can score 25 points in a game or whether Andy Dalton does around 23 passes.

Point Spread: Marginal Winners or Losers

The catch of this type of bet is to bet on a game with even odds, meaning that the favorite needs to win by a certain amount while the underdog needs to lose by an even amount. If we use the game from the previous example, the bet would look like this:

Pittsburgh Steelers +3.4 (+130) vs. Dallas Cowboys -3.4 (-130)

For the player to win 100$, they need to place a 130$ bet. At the same time, the Steelers need to win by at least 4 points to ensure that the bet is won; if the Cowboys lose by 4 points or less, the player is also paid out.

This type of betting is especially popular with NFL and NBA games, because it is really easy to assume the favorite and the underdog on an even playing field.

Futures: Future Wins

By the title of the bet, it is obvious that the player bets on a prediction that is in the far future.

For example, you can bet on a certain NBA team to take the crown in the next championship:

Chicago Bulls +420

Bet On Sports

Meaning that if you place a 100$ bet, you can be paid out a sum of 420$. The downside being, that any other team can win the championship, leaving your bet to a loss

Choices of Bitcoin Deposits and Withdrawals

Online Sports Betting Bitcoin

Generally, sites that allow crypto-currency betting enables players to continue wagering on their preferred sports; to keep things simple they usually cite BTC bets in dollars. Because of this, the sites protect the players from price swings that go up to 30%, as well as offering them larger payouts, sometimes even higher than 200%.

Using Bitcoin on sportsbooks is really easy. Firstly, you need to buy Bitcoins from your credit card, which can be simply done with exchanges such as Kraken or Coinbase. Once you have the coins, you transfer them to the sportsbook’s crypto wallet address. Transactions usually cost a couple of cents, and they appear on the sportsbook almost instantly. This process can be easily done through mobile apps or websites.

The only thing you need to note is that bitcoins trade to 12 decimals, in contrast to traditional currencies trade to 2. It is possible that sometimes a transaction can be completely free, but most sites limit users to a minimum and maximum exchange amount for deposits and wagers as well.

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