Philippines Litecoin Gambling

Litecoin is the second leading cryptocurrency on the market. There are several different Philippines Litecoin gambling options for residents to partake in, including online casinos, poker, and sports/race betting. Philippine online gambling deposit methods now include Litecoin across most reputable platforms. Gambling with Litecoin is a popular option amongst residents due to the lack of domestic online gambling options and the advantages the cryptocurrency brings. This page was created specifically for Filipinos and has information on all the Litecoin gambling options. You will also learn how Litecoin works, where it came from and more.

What Is Litecoin?

Litecoin is a decentralized digital currency traded on an open-source network. While Bitcoin is the leading digital currency, Litecoin has the power to take over given its parameters. For example, there are more Litcoins in circulation than Bitcoin, meaning there is more to be won from a gambling standpoint. The block sizes are also larger, which helps contribute to faster block times.

Is It Legal To Gamble With Litecoin In The Philippines?

Yes, it is. There are no Philippine gambling laws against using cryptocurrencies in the Philippines. The Philippines is actually considered one of the more progressive countries in terms of their stance on digital currencies. The government has acknowledged that alternative currencies have the potential to revolutionize the way online commerce works. There are some gambling laws in the country, but these pertain to sites based in the Philippines. Philippine legal online gambling sites come in the form of legally licensed and regulated offshore sites.

Philippines Litecoin Casinos

There is a vast selection of games in Philippines Legal online casinos that accept Litecoin. You’ll find multiple slots, table games, specialty games and more. 3D Slots, progressive slots, craps, baccarat, Keno, and blackjack are just a few examples of what you might find. Each of these Litecoin casinos are legally licensed and regulated and have been in business for years. They host features such as bonus promotions, 24/7 customer service, strong security profiles, live dealer games and mobile betting options.

Site NameBonus OfferPayout SpeedPHPlay
Online Casinos
Betonline100% Max $3,00024-48 HoursPlay Now
Sports Betting50% Max $3,00048 HoursPlay Now

Philippines Litecoin Poker

If you are looking for online poker action, you’ll find plenty of Philippines legal online poker sites that accept Litecoin. These brands support single-game and tournament play through a downloadable or instant play interface crafted exclusively for poker. Players can track their competition, take notes during games, play multiple hands at once and even filter their game settings for pot size, buy-in, number of players, etc. Incremental bonuses keep players in the game for longer and there are sometimes bad beat bonuses that help you out after a series of poor hands.

Site NameBonus OfferPayout SpeedPHPlay
Online Poker Sites
Betonline100% Max $1,00024-48 HoursPlay Now
Sports Betting100% Max $1,00048 HoursPlay Now

Philippines Litecoin Sports Betting

Philippine legal sports betting sites that accept Litecoin offer a lot more betting options than the standard PAGCOR books available to residents. You can wager on sports and leagues from around the world. Point spread bets, money line bets, totals, props and futures are a few examples of the available wagering types. There are bonuses that extend your bankroll and can be used in the standard, live or mobile sportsbooks.

Site NameBonus OfferPayout SpeedPHPlay
Online Sportsbooks
Betonline50% Max $1,00024-48 HoursPlay Now
Sports Betting50% Max $1,00048 HoursPlay Now

Philippines Litecoin Horse Betting

Horse betting is quite popular in the Philippines, though the domestic market is monopolized through sponsored on and off-track betting locations. Litecoin friendly sportsbooks allow you to bet on local and international horse races. Sportsbook bonuses can be applied to race betting as well. Our guide to Philippine legal horse betting is a great resource for Filipinos looking for different ways to place bets on horse racing, it goes into full detail and offers some valuable information about the many different ways to bet on horse races.

Site NameBonus OfferPayout SpeedPHPlay
Online Racebooks
Betonline50% Max $1,00024-48 HoursPlay Now
Sports Betting50% Max $1,00048 HoursPlay Now

How To Get Started With Litecoin

The first thing you need to do is download a digital wallet. You can find a digital wallet through sites that sell Litecoin, but we recommend you find an eWallet from somewhere specializing in Litecoin storage. After all, crypto exchanges specialize in buying and selling Litecoin, not storing them. Digital wallets come with their own personal address that is used to facilitate transactions. Hardware wallets are another option. These are external devices like hard drives and USB drives that keep your Litecoin offline. Once you have a wallet, you can purchase Litecoin through an exchange service like Coinbase or through the direct seller. You can mine Litecoin by solving a series of complicated puzzles, but this process involves a lot of computer hardware and processing power.

How To Make A Deposit With Litecoin

Once you have Litecoin, you can make a deposit into an online gambling site by navigating to the Cashier page and selecting Litecoin as your preferred option. You will be prompted to input the amount of Litecoin you wish to send over and given the digital wallet address to send it too. Pay attention to the minimum and maximum deposit amount requirements for Litecoin. The range should be large enough to accommodate most bettors.

Benefits Of Gambling With Litecoin

  • Litecoin transactions are safe – Litecoin wallets are built to deter hackers. These wallets are encrypted to protect your digital currency. Offshore gambling sites have their own protocols in place as well. These protect your personal and financial information.
  • Litecoin transactions are private – There is no personal information attached to Litecoin transactions. The only information shared is the amount sent over and the digital wallet address. Traditional payment methods usually require your personal banking information or a billing address. Anonymity is valued by most online gamblers.
  • Litecoin transactions are amongst the fastest – digital currencies have become very popular because of their speedy delivery with deposits and withdrawals. You do not have to wait for any approval from a bank or major financial institution.
  • No fees attached – Players will not be subjected to any additional fees when depositing or withdrawing Litecoin from the gambling site. Most payment methods charge a small percentage fee, but since Litecoin is free of any banks or regulatory agencies there are no fees.

Litecoin Gambling FAQs

Who Created Litecoin?

Litecoin was created by Charlie Lee back in 2011. It was originally coined as the silver to Bitcoin’s gold.

What Types Of Bonuses Are Available?

The most common type of bonus is a match bonus. This is when the online casino matches your deposit by a percentage up to a certain amount. Other casino bonuses are for specific games or tournaments. However, most sites do not have cryptocurrency bonuses available to Philippine-based players.

Can I Use Any Other Cryptocurrencies To Gambling Online?

You definitely can.  Other currencies accepting a Philippines friendly gambling sites include EthereumBitcoin, Ripple, and Dash.