Litecoin Bookmakers in NZ

Best Betting Sites That Accept Litecoin in New Zealand

Litecoin is an almost perfect payment method to use at NZ sportsbooks. So, well done for going for it. However, that will mean little if you join an inferior Litecoin sports betting site. At Betpack, we make sure that doesn’t happen and give you only the best betting sites that accept Litecoin in New Zealand.

We analyse Litecoin sportsbooks and check everything from licences and security to betting markets, bonuses, and odds. So, pick one of our expert-vetted crypto-betting sites and enjoy your crypto-betting experience instantly.

What is Litecoin and How Does It Work?

Litecoin is the second-oldest cryptocurrency after Bitcoin. The first altcoin was launched in 2011 by former Google engineer and MIT graduate Charlie Lee. Right from the start, Litecoin was designed to be faster than Bitcoin, but to remain as secure and low-cost as the most popular cryptocurrency. New blocks in the Litecoin system are created every 2.5 minutes. Blocks on the Bitcoin blockchain are generated at around 10-minute intervals.

Similar to other cryptocurrencies, blockchain technology is critical to all Litecoin transactions. All Litecoin transactions take place on the blockchain and are recorded on a decentralised, public ledger. For transactions to go through, Litecoin miners solve encrypted hashes. When these complex mathematical algorithms are solved, Litecoin is rewarded. The maximum Litecoin supply is limited to 84 million.

How We Find the Best Litecoin Bookmakers NZ

Finding the best Litecoin bookmakers in NZ is an exact science. In other words, if you analyse all factors and aspects of crypto sportsbooks, you are guaranteed to find a top-notch Litecoin bookie. At Betpack, we do exactly that. We scan the entire crypto betting scene and check each aspect of crypto betting sites. Here’s how we find the best Litecoin bookmakers in New Zealand.

Facts About Litecoin Betting

Betting with Litecoin

Litecoin’s forte is that it lets you deposit and withdraw at online betting sites and allows you to do that anonymously. As with all reputable cryptocurrencies, it facilitates secure transactions too. It also comes with minimal fees and is four times faster than Bitcoin. Lastly, with Litecoin, you can trigger almost any sportsbook bonus out there.

No Need for an Alternative Payout Option

One thing that many bettors forget is how important it is to find a payment method that will work both ways. Sure, you can always use one banking option to deposit and another to withdraw. However, it is much easier to go with one payment method that allows you to do both. 

And you get exactly that with Litecoin. When you join Litecoin betting sites in New Zealand, you can deposit and withdraw using the same cryptocurrency. And you don’t need to worry if some LTC bookies will accept only deposits and make you pick an alternative payout option, as is the case with some Amex and Astropay betting sites. As a rule of thumb, if an NZ sportsbook accepts Litecoin deposits, it will also facilitate LTC withdrawals.

Fast Deposits and Withdrawals

Another great thing about Litecoin deposits and withdrawals is how fast they are. As we already mentioned, with a block time of 2.5 minutes, Litecoin trumps Bitcoin transactions, where the target block time is 10 minutes.

And because sportsbooks process deposits instantly, your Litecoins will reach your betting account in only a couple of minutes. Withdrawals might be a little slower, though, but that is not because of Litecoin. Bookies often like to check and double-check payout requests to prevent things like money laundering. And that may take a couple of hours.

However, if you find an NZ sportsbook with fast payouts, and that betting site processes your withdrawal request instantly, you will also get your winnings within a few minutes.

The great thing about finding your Litecoin betting site with Betpack’s help is that we help you locate those fast payout LTC betting sites. All you need to do to find them is to read our sportsbook reviews. We tell you how fast bookmakers process payout requests and inform you about things such as withdrawal limits and fees. 

Litecoin Fees are Minimal

And talking about fees. The transaction costs you incur while using Litecoin are minimal. In fact, if you compare the payment method with Bitcoin, as most people do, you will notice that Litecoin fees are only a fraction of the costs you need to cover when using Bitcoin. So, if you want to get all the perks of betting with a crypto payment method and not pay huge fees, Litecoin is the way to go.

Claim Tons of Litecoin Bonuses

Litecoin deposits won’t stand between you and the bonuses you want to trigger. If you are an avid bettor, you probably know that some banking options, e-wallets, in particular, are not accepted for promos like welcome bonuses. So, even if you meet the minimum deposit amount and place a qualifying bet, these deposit options won’t make you eligible for the welcome bonus.

Fortunately, that doesn’t happen with Litecoin deposits. When you want to claim some of the crypto betting bonuses we list at Betpack, all you need to do is make a qualifying Litecoin deposit, and the bonus funds or free bets will be yours to use. Keep reading to learn more about some of these enticing Litecoin bonuses.

Welcome Bonus Offers

As we already mentioned, one of the incentives for joining Litecoin betting sites in New Zealand is the chance to get a generous welcome bonus. To qualify for a welcome bonus, you need to be a new customer and register a betting account with a Litecoin sportsbook. We tell you how to do this in this Litecoin betting guide, so that shouldn't be a problem. 

When you open a betting account, you will become eligible for the welcome bonus. To activate it, make a qualifying Litecoin deposit. Meet the terms and conditions that come with the sign-up offer too. As soon as you have cleared all hurdles, you will be able to withdraw your welcome bonus winnings. Pretty cool, right?

Free Bets

We are yet to see a free bet promo that you cannot trigger with a Litecoin deposit. And that’s great because free bets are among the most enticing bonuses a bettor can get. With a free bet offer, the Litecoin sportsbook gives you free bet credits that you need to use on predetermined markets and events. Most of the time, you can use your free bets to wager on any sport and market.

However, it is still better if you read the terms of the bonus to make sure that’s the case. While you are there, inspect the minimum odds conditions and wagering requirements too. These are crucial, as only when you meet them, you will be able to collect your free bet winnings. In LTC, of course.

Reload Deposit Bonuses

Deposit bonus rewards at Litecoin betting sites in New Zealand go beyond the welcome bonus. They are called reload deposit bonuses. These promos are available to existing customers who deposit during promotional periods. Moreover, unlike welcome bonus funds, you can get bonus reloads multiple times. 

The important thing is to keep your eyes peeled and find out when promotional periods start and finish. To give you ana of what you need to look for - think of events like the Rugby World Cup, Super Bowl, FIFA World Cup, or the NBA Finals. They are all good examples of when sportsbooks like to give reload bonuses. Bookies often time these promos for festive seasons like Christmas and Easter too. Black Friday reload promos are there as well. 

Cashback

If you want to squeeze out each litoshi (the smallest Litecoin unit) of your Litecoin deposits, opt in for cashback promos. With cashback bonuses, a Litecoin betting site gives you some of your losing bet stakes back. 

For instance, an online gambling site might give you a 5% monthly Litecoin cashback. That means that 5% of all losses incurred on qualifying bets will be returned to your betting account balance as cash, or more likely, given to you in the form of free bets or bonus funds.

However, to become eligible for Litecoin cashback bonuses, you often need to place qualifying bets. That shouldn’t be a problem if you read our Betpack guides and reviews, though, as we always point to these requirements you need to comply with if you want to make the most of a promo. So, if a cashback offer says that only rugby bets on odds 1.50 or higher will be eligible for the bonus, your goal is to place those types of bets.

Wide Range of Betting Markets

The best Litecoin betting sites in New Zealand let you bet on a myriad of sports and betting markets. On average, you can expect to get between 30 and 50 different sports and hundreds of betting markets for each sport. Bet on popular sports like association football, rugby, basketball, or tennis, and you might get even more betting options. Some of the markets Litecoin betting sites offer include:

• Match Winner

• Correct Score

• Double Chance

• Draw No Bet

• Over/Under Totals

• Odd/Even

• First to Score

• Etc.

If you want to know exactly which betting markets a Litecoin sportsbook offers, we strongly recommend that you read our NZ betting site reviews. In them, we tell you the wagering options each betting site gives you. We throw in helpful information about the odds they come with too.

How to Make Litecoin Deposits?

If you have never played at NZ betting sites that accept Litecoin, fret not. Depositing with Litecoin is straightforward. Even crypto beginners can wager like seasoned Litecoin pros with the right advice. Here’s how you can make Litecoin deposits at NZ betting sites.

• Step 1: Create a Litecoin wallet and fund it.

• Step 2: Go to Cashier in your betting account and click on Deposit.

• Step 3: Choose Litecoin as a deposit option.

• Step 4: Use the unique wallet address the sportsbook provides.

• Step 5: Confirm the transaction and fund your betting account. 

How to Make Litecoin Withdrawals?

If you funded your betting account andd betting, chances are you will have no problems withdrawing your winnings. Even if you do encounter some problems, our five-step LTC payout guide will help you get your withdrawals instantly.

• Step 1: Go to your betting account and click on Withdrawals.

• Step 2: Enter the amount you want to withdraw.

• Step 3: Select Litecoin as your payout option.

• Step 4: Provide the bookie with your unique LTC wallet address.

• Step 5: Confirm your withdrawal request and wait for your winnings to arrive. 

Litecoin Experiences 

Isla: For a long time, Litecoin was the fastest cryptocurrency at betting sites. That may no longer be the case, but I still deposit and withdraw with LTC mainly because it is easy to use. Plus, I can claim sportsbook bonuses with it.

George: I don’t want to leave too much personal or financial info behind when betting online. So, Litecoin was the logical choice for me. It is a reliable crypto payment method and lets you deposit anonymously. 

Mobile Compatibility at Litecoin Bookmakers NZ

You can play at Litecoin betting sites in NZ on desktop and mobile devices. However, chances are that most of your Litecoin sports bets will be placed via a mobile device. So, it is great that LTC mobile betting options are so extensive.

We say extensive because you can wager at any NZ sportsbook on our list through your Android or iOS device. These betting sites are optimised for mobile use, so you can use any mobile browser to play there. Alternatively, you can download dedicated mobile betting apps and place your bets that way.

And placing bets on the go is definitely a smart move. You can wager anytime and anywhere and can benefit from mobile-only bonuses. You can also speed up your deposits and withdrawals and access all mobile betting options with a swipe of the screen.

Alternatives to Litecoin Bookmakers

For many bettors, Litecoin is the perfect banking option and they wouldn’t change LTC bookmakers for anything. However, there are also punters that would like to explore some alternatives. We can help with that. Let’s look at four alternative payment methods to Litecoin and see if some might work for you.

Klarna Bookmakers

Klarna is an online payment service that lets you deposit and withdraw at online betting sites. It facilitates instant transactions and is really secure. It also protects your privacy by not sharing info about the transactions you make at Klarna betting sites with your bank. On the downside, Klarna is still not available at many bookmakers. Also, some betting sites will only allow you to deposit with Klarna.

Bitcoin Bookmakers

Litecoin has been compared to Bitcoin ever since it was first created. Even though the two are similar (e.g. secure, anonymous deposits, etc.), they are not the same. For instance, there are more Bitcoin bookmakers in New Zealand than Litecoin sportsbooks. However, Bitcoin is both slower and has higher fees than Litecoin.

Skrill Bookmakers

Skrill is a like-for-like alternative to Litecoin, as it lets you deposit and withdraw and allows you to do that securely. The great thing about the e-wallet is that there are many NZ betting sites that accept Skrill, and you will find lots of quality ones right here at Betpack. But it is not all positive with Skrill. One significant drawback is that you won’t be able to claim all welcome bonus offers. Before going for a first deposit bonus, you need to check if your Skrill deposits would activate it. 

ecoPayz Bookmakers

ecoPayz is one of the best e-wallets you can use when betting online. First of all, you can use the e-wallet to both deposit and withdraw. Another positive is that ecoPayz bookmakers offer flexible transaction limits. Bonuses are not off-limits when you deposit with ecoPayz too. However, even though ecoPayz is a secure payment method, it doesn’t give you the anonymity Litecoin provides.

Litecoin Betting Summary

You don’t have to be a crypto enthusiast to use Litecoin at NZ betting sites. Regular bettors use the deposit option too. That’s because Litecoin is a payment method that allows you to both deposit and withdraw your sportsbook winnings. So, you won’t need an alternative payout option. Also, Litecoin gives you the anonymity that so many bettors crave and the protocols it operates on make it super secure. Plus, it is faster than Bitcoin.

At Betpack, we feature the best Litecoin betting sites in the industry. Our top-rated LTC sportsbooks work with flexible transaction limits and have enticing bonuses and promos. With them, you get the most bang for your crypto buck. Join a top Litecoin betting site now and experience the LTC betting adventure you deserve!