What does the law say about Litecoin sports betting sites?
Litecoin is a popular type of cryptocurrency, offering added levels of anonymity for online purchases. However, the fact is that crypto gambling in all forms is illegal in the US. That means any and all Litecoin sports betting sites are prohibited to US players. In addition to this, crypto gambling is also illegal within the UKGC, ASIC, and CySEC Tier 1 authorities.
The fact of the matter is that any Litecoin betting sites claiming to accept US customers are acting unlawfully. You should avoid using any and all
crypto betting apps
or sites, as you will be afforded no legal or financial protection as a customer. That means they could compromise the security of your personal details and your funds, as well as delivering a subpar experience generally.
Thankfully, there are lots of great legal online sportsbooks in the US that we’ll discuss below.
What we recommend – these top 3 social casino sites instead:
Sportsbook sites that use traditional payment methods
While all crypto betting sites are illegal to customers in the US, there is some good news in the fact that many US states allow online sports betting through traditional payment methods. Gambling legislation has changed a lot in just a few short years, and online sports betting is becoming more available and accessible across the country.
That said, it’s still important to bear a few things in mind if you’re from a state where online sports betting is legal. Your security is always a priority. While the likes of Litecoin and
Bitcoin betting sites
pose a risk due to crypto gambling being illegal, that doesn’t mean every sportsbook with traditional payment methods is safe. Be sure to do your research and ensure your chosen operator holds an official license from your relevant state regulator or gaming board.
Thankfully, this is where we can lend a helping hand. Here at TheGruelingTruth, we do all the work for you. Our expert reviews deep dive into all the important elements that make
online betting sites
tick, from security to odds, betting markets and promotions. That way, you can rest assured that all our recommendations meet the very highest of standards.
So, while you won’t find anything in the way of recommendations here for
Bitcoin sports betting sites
(due to crypto gambling being prohibited), there’s plenty of other options at your disposal. Just check out our reviews to find out more.
Sweepstakes sites offer a legal alternative to Litecoin sports betting sites
You know that gambling legislation that’s constantly being reviewed and updated? Well, it comes with a fun quirk in that betting sites offering a sweepstakes format are legal in 49 US states (with Washington being the only state where it’s currently prohibited).
These sweepstakes sites are capable of delivering a gaming experience that is comparable to their real money equivalents – the difference is that no purchase or deposit is necessary.
How do sweepstakes betting sites work?
Instead of using real funds, customers instead utilize virtual currencies to wager on sweepstakes sites. These are typically known as Gold Coins and Sweeps Coins. As sweepstakes operators must ensure no purchase is necessary to retain this unique status, this means they tend to get pretty generous and creative in how these virtual currencies are given away.
Typically, you’ll be able to get these virtual currencies through the likes of sign-up offers and reload bonuses for daily log-ins, along with the likes of tournaments, social media competitions, and even by sending in a mail-in request.
If you want to extend your gameplay even further, you’ll be able to purchase Gold Coins as an optional extra. However, Sweeps Coins cannot be purchased. This is because they also represent sweepstakes entries.
Once you have accumulated enough Sweeps Coins and played them through the required number of times, you’ll be able to redeem them on prizes, including merchandise, vouchers, and even cash prizes. This means you can play for free at sweepstakes sites and still be in with a chance of winning real money.
Stake.us: Our top recommendation for sweepstakes sites
We’ll start by saying that Stake.us is a social casino site, rather than a sports betting site. However, we’d still recommend it, as it’s an exemplary option for both those looking to broaden their gaming horizons, as well as residents of US states where real money betting is prohibited.
The first thing you’ll notice about Stake.us when you step through the virtual doors is its sleek, easy to use site design. There has been plenty of attention to detail paid here, from the pop-up chat feature to the simple registration process, which allows you to register in just a few clicks using your email, Google or Facebook account.
Games galore
There’s also a brilliant games library here, boasting all the familiar classics, with enough depth to keep seasoned casino fans entertained. This includes everything from slots to table games and Stake exclusives, including the likes of Plinko, Dice, and Mines.
Gold Coins and Stake Cash
Funding your gameplay are those all important virtual currencies. Through promotional offers and daily login bonuses, you’ll get plenty of Gold Coins and Stake Cash (their version of Sweeps Coins), without ever needing to spend a cent. Although, of course, you can buy more Gold Coins if you wish – with Stake Cash being a potential bonus alongside your purchase.
Once you play your Stake Cash through a minimum of three times, you’ll be able to exchange it for great prizes (including currency of your choice) when minimum withdrawal requirements are met.
If you want to check out Stake.us for yourself, then be sure to use our exclusive TGTSOCIAL promo code. It allows you to enjoy an impressive 5% rakeback on your casino gaming.
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56 Stake Cash + 560K Gold Coins + 5% Rakeback
The benefits of using legitimate betting sites over crypto operators
As you’ll know by now, crypto betting is illegal in the US. That means that even those claiming to be the best Litecoin betting sites are illegitimate and pose a risk to you. That goes for
Dogecoin betting sites,
Ethereum betting sites, and any other site claiming to offer crypto options to US players too. It’s just not worth the risk.
Not only will you be staying on the right side of the law by choosing sweepstakes sites and sportsbooks that use traditional payment methods in legalized states, but you’ll also be able to bet with peace of mind. Here are some of the key benefits of all the online sportsbooks featured on our site:
Licensed and regulated in the US
We only recommend online sportsbooks that are fully licensed and regulated in the US. You can now legally bet online on sport everywhere from New York to Arizona, and more states like Maryland and Ohio are being added all the time. This means that there has never been a better time to enjoy legal and safe online sports betting in the US!
Fair and competitive sports betting odds
Go to the likes of Litecoin or
Bitcoin betting apps
and sites and you’ll find limited odds to bet on, and what odds there are will usually be pretty poor. This is because crypto betting in all forms is illegal in the US, so any operator offering this is doing so outside of the law.
In contrast, we’ve checked and each of our recommended online sportsbooks has consistently competitive odds on anything from the NFL and NBA to the NHL, MLB and beyond. Plus, you can be sure of actually getting paid whatever you win with your bets – which is always a good thing!
Most crypto bookmakers have bonuses that seem to promise the world but usually end up to be very lacking in substance. (After all, they’re illegal in the US, so they’re not bound to keep to their word.) This is the polar opposite of what you find at legal sportsbooks in the US, where each promo offer will be accompanied by clear terms and conditions. This means you’ll always know exactly what it is that you’re signing up for.
Secure and trustworthy payment methods
Don’t risk it with illegal crypto betting sites when all of our recommended sportsbooks feature a range of trusted payment methods by which you can fund your bets and make withdrawals. Sign up to any of our featured sportsbooks and wager with confidence when using payment providers like Visa, Mastercard, American Express, Discover, PayPal or even ACH bank transfer.
Helpful and responsive customer support
Customer service is usually a fairly low priority at crypto betting sites. These operators don’t offer any customer protection at all due to being prohibited in the US, so why should they help you if something goes wrong with your bets? Thankfully, all of our featured operators have helpful customer support that you can contact via live chat, email or even phone.
Conclusion: Stick with safe alternatives to Litecoin sports betting sites
Litecoin sports betting sites (and any form of crypto betting) remain firmly prohibited in the US. Thankfully, there’s no shortage of quality legal alternatives to these rogue operators and we’ve tasked our experts with curating reviews on the very best sportsbooks and sweepstakes casinos to help you along the way.
We’ve even found you a sweepstakes casino that could open up your horizons to a new kind of betting experience in Stake.us. Plus, you can use our exclusive promotional code and unlock a 5% rakeback bonus when registering with the ever-popular Stake.us.
Even more top social casinos to check out
1.
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Best Litecoin betting sites FAQ
🏅Which are the best crypto betting sites in the US?
If you’re a fan of both Litecoin and sports betting then it’s important to know that crypto betting is illegal in the US. This means that any illegitimate sites claiming to accept US players and Litecoin transactions are acting outside of the law and could pose a risk to your money and details. Thankfully, there’s plenty of alternative options, which we’ll be outlining in our handy guide.
💪Can Litecoin betting sites offer competitive odds?
As crypto betting is illegal in the US, any operator claiming to offer this to American players is to be avoided, as they could compromise your security when onsite. On top of that, they can also fall short in a number of different areas compared to legitimate options, including with their odds, customer service, and promotions. Find out everything you need to know, including your alternative betting options, right here.
👀What Litecoin games can I play?
This may be a disappointment to some but it’s not only Litecoin betting sites that are banned in the US but Litecoin casinos too. That’s because all forms of crypto gambling are prohibited. That said, if you’re wanting to expand your betting horizons beyond sports markets and experience some casino action, then we’ve got plenty of legal options you can check out. Discover them all in our expert guide.
