Litecoin, dubbed “Bitcoin’s little brother” in the media, is gaining fast on its competitors. Online casinos react by creating litecoin-based games and offering generous rewards to new players. Many of those offers sound too good to be true, and, unfortunately, some of them are.
This is where our service comes in. We are developing a detailed review aggregator that would list all advantages and drawbacks so that you can choose the best online casinos with litecoin in minutes. While we are at it, here is some useful advice on how to tell which websites are worth your time.
One way litecoin casinos attract new players is through bonuses – various rewards cleverly placed throughout games. Unfortunately, in some cases, clever placement means it will take ages to get your promised promotions. Here is a list of the most popular bonuses found in casinos accepting litecoin along with some of the common pitfalls you may encounter.
From a technical standpoint, litecoin is virtually identical to bitcoin. Because of this, most online casinos litecoin games will be familiar to seasoned players. This means you will be able to find all your favorites and successfully use proven strategies.
The game of Blackjack is among the most recognizable in the world. It follows the rules of conventional Blackjack and combines strategy and chance, so skilled players will have an edge. Cryptocurrency serves as a convenient way of payment, so there is no way to have access to detailed percentages of each move.
One can argue that dice is the definitive example of a cryptocurrency casino experience. You just pick a number you feel lucky about and spin the dice. The lower the chance of the selected roll, the higher the reward. The game is purely chance-based, so you will see the exact likelihood of each bet.
This one works just like its real-world counterpart. You buy a ticket, then reveal whether it is a lucky one by “scratching off” the cover. Unlike the real lottery, and similarly to other litecoin casino games, you can always check whether the casino plays by the rules thanks to the provably fair principle.
Poker is the least chance-dependent game on our list. This means you will not have probabilities displayed on the screen. This also means that the more skilled player you are, the more victories you can enjoy. In this case, litecoin serves simply as a versatile and reliable payout technology.
An iconic casino game, roulette was destined to appear in online gaming platforms. Essentially, this is just a dice game with more numbers in it. As you have probably figured by now, litecoin-based roulette is also provably fair, so you can always check whether foul play is involved.
Another staple of casinos, slots is an online version of slot machines, in which you spin the wheels hoping for a match. You can increase your chances of winning by betting on more than one line. Each new bet has its effect on the chance of winning, which is typically shown to the player.
With all advantages of provably fair games, one may wonder what stops litecoin casinos from offering betting possibilities. The answer to that is complicated, but the short version is “Everyone wants to play it safe.” Betting requires dealing with additional regulations, so expect to find it only on a small number of websites.
The fact that litecoin is overshadowed by its older brother doesn’t help either. While it has virtually no differences from bitcoin, this cryptocurrency certainly enjoys less media buzz. This fact creates the impression that it is somehow inferior, discouraging website owners from using it. You can always see casinos accepting litecoin betting on our list.
Many people choose to access the web from phones or tablets. Online services react to demand by adapting their functionality to mobile use. Cryptocurrencies fit extremely well within this philosophy, offering unprecedented reliability and ease of use. However, each service has its own vision of making their platform mobile-friendly.
Because of this, you will occasionally stumble upon a service advertised as a mobile casino that does not have a dedicated app. Depending on your preferences, it may be either an advantage or a deterrence. On top of that, you can go through the trouble of registration only to discover that mobile support is poorly designed, so checking the reviews and feedback beforehand is always a good idea.
Litecoin is among the earliest entries on the cryptocurrency scene, so there is plenty of options when it comes to buying and storing it. Most major exchanges, including Bitfinex, Kraken, Binance, and Poloniex, allow buying litecoin for popular fiat currencies as well as other cryptos.
When it comes to storage, there is a lot to choose from. First, you can use your trusted hardware wallet – both Ledger and Trezor models support it. The same goes for most multi-currency wallets like Jaxx and Exodus. Finally, if you are a hardcore blockchain devotee, there are several open-source desktop options like Litecoin Core and Electrum LTC.
Choosing the best litecoin casino is challenging. For starters, it is a far less common choice than its older brother, bitcoin. In addition, it enjoys less publicity, so players and casinos alike are less likely to know about it. Nevertheless, as time goes by, it will certainly catch up.
This also means players will have the same difficulties telling an honest litecoin casino from an intentionally misleading one. This is why we decided to include it into the reviews we are working on right now. Once our service is fully functional, you will be able to choose the right fit for you without wasting an extra minute.