Crypto Gambling Sites in Lithuania

Crypto Gambling Sites in Lithuania

Crypto Gambling Sites in Lithuania

Gambling in the Baltic country was first legalised in 1992 before amending its Gaming Law to introduce online gambling in 2016. However, the Gaming Control Authority is considerably picky about whom it offers licenses, as there are only 4 registered bookies, and any non-Lithuanian licensed sites are typically blocked. This severely limits the selection of websites for locals.

There is a way, however to avoid this restriction in a safe way. Most crypto gambling sites in Lithuania are not under ISP blocks, and the market remains unregulated. In short, you can play freely at many top crypto sites within the legal grey area that exists and take advantage of massive Bonuses, thousands of slots from the top providers and a multitude high odds betting markets.

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Solid Lithuanian Crypto Casino List

Choosing a crypto casino in Lithuania, as opposed to a nationally licensed site holds significant perks. For starters, Lithuania’s crypto casinos offer considerably more flexibility when it comes to bonuses and promos. They process withdrawals faster, too, and are notable for offering you a greater array of games and anonymity than their nationally licensed counterparts. Top Lithuania-friendly crypto casinos include:

Casino
Rating
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#2
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
$10
x80
NO CODE
100% Bonus Up To1 BTC
#3
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
$10
N/A
NO CODE
180% Bonus Up To$20,000
#4
Duelbits Bonus
4.2/5
star star star star star
Rakeback
$10
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback +500FS
#5
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#6
Jackbit Bonus
4.1/5
star star star star star
Deposit Bonus
€50
x1
WELCOME
copy-icon
Bonus Up To100 FS
#7
Stake Bonus
4.4/5
star star star star star
Rakeback
$1
special-rules
Special Rules
Exclusive Offer
CRYPTOTV
copy-icon
Bonus Up To10% Rakeback
#8
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#9
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
$20
x35 in Slots
NO CODE
100% Bonus Up To$500
#10
FortuneJack Bonus
4.0/5
star star star star star
Deposit Bonus
BTC 0.001
Bonus x30
NO CODE
110% Bonus Up ToBTC 1.5
Bookmaker
Rating
Min odds
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
BC.Game Bonus
4.3/5
star star star star star
Deposit Bonus
-
$30
special-rules
Special Rules
Exclusive Offer
NO CODE
120% Bonus Up To$20,000
#2
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
-
$10
x80
NO CODE
100% Bonus Up To1 BTC
#3
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
N/A
$10
N/A
NO CODE
180% Bonus Up To$20,000
#4
Duelbits Bonus
4.2/5
star star star star star
Freebet
1.50
$10
B X 5
NO CODE
100% Bonus Up To$100
#5
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
1.60
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#6
Jackbit Bonus
4.1/5
star star star star star
Freebet
1.30/selection (trebles)
€20
special-rules
Special Rules
NO CODE
100% Bonus Up To€100
#7
Stake Bonus
4.4/5
star star star star star
Rakeback
-
$1
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback
#8
Gamdom Bonus
4.0/5
star star star star star
Rakeback
$1
special-rules
Special Rules
NO CODE
Bonus Up To15% Rakeback
#9
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
1.4/selection
$20
x10 in Trebles
NO CODE
100% Bonus Up To$500
#10
FortuneJack Bonus
4.0/5
star star star star star
Cashback
N/A
BTC 0.001
N/A
-
copy-icon
20% Bonus Up To20% Cashback
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Legit Crypto Lithuanian Betting Sites with Cryptos

Sports betting is a big business in the country, even amongst Lithuanian betting sites with crypto options. You’ll typically find a larger selection of sports markets and selections at crypto sites, and some domains even offer betting exchange services. We’ve highlighted the very best Lithuanian betting sites for you below, and these include:

Bookmaker
Rating
Crypto Coins
Highlights
% Percentage
Amount
#1
white-star
BC.Game
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
100+ Coins
check-icon
In-game DeFi Tools
check-icon
Up To 200+ Live Markets Per Event
check-icon
10+ Blockchain Networks
120% Bonus Up To$20,000
#2
BetPanda
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 12 Coins
check-icon
Livestreaming
check-icon
40,000+ Monthly Pre-game Events
check-icon
Bitcoin Lightning Accepted
100% Bonus Up To1 BTC
#3
Coins.Game
4.2/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
15+ Popular Cryptos
check-icon
97% Odds In Top Leagues
check-icon
No KYC Required
check-icon
Easy Signup
180% Bonus Up To$20,000

Does Lithuania Block Access to Crypto Betting Sites?

Crypto betting in Lithuania is easy enough to enjoy. While Lithuania’s internet service providers are tasked with blocking access to unlicensed sites, they tend to aim for Fiat casinos and betting sites. Most crypto sites (as they fall into a legal grey zone and are unregulated) escape the blocks.

Moreover, it is absolutely legal for you to wager at such betting sites, as the authorities are only interested in the operators, not your activities. That’s the ideal way for local to bettors to wager at top-tier events, like Champions Legaue, EPL, La Liga, NBA, Euroleague and NBA, due to the higher odds and offers. Most crypto bookies also cover the local Lithuanian leagues.

Is Basketball available on Lithuanian Crypto Betting Sites?

Lithuania is one of the major forces in European basketball, with a rich history of success in the sport. Bettors will have the chance to bet both on the LKL local teams and the Euroleague games of the nation’s powerhouse Zalgiris.

Among the classic markets like 1/2 and Handicaps, a wide array of player specials are available for each game. The odds in Euroleague reach up to 91/28% and a very competitive 96% for the LKL, which is hard to ignore. Let’s find out which are the top Lithuanian betting sites with crypto.

BC.Game Logo
Casino
BC.Game
4.3/5
star star star star star
YEAR EST
2020
check-icon
100+ coins
check-icon
Over 5,400 Games
check-icon
60+ Providers
check-icon
DeFi tools
Pragmatic Play Pragmatic Play
Play ’n GO Play ’n GO
No Limit City No Limit City
Exclusive Offer
120% Bonus Up To $20,000
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How to Deposit at Lithuanian Crypto Gambling Sites

A handful of cryptocurrency exchanges tend to be more popular with Lithuanians than others. These are also the exchanges which have agreed to the country’s transparency regulations. These include Binance, which is the most popular of those found in the country, as well as Kraken and eToro.

Of course, you don’t have to use any of those if you don’t want to. Crypto exchanges are not blacklisted in Lithuania, so you can go about your business buying and selling cryptos as you see fit at any exchange that tickles your fancy.

You’ll need an exchange to acquire cryptocurrency and send it to your wallet. After doing so, you can make a P2P transfer using your crypto wallet/payment provider to the key/address at the sportsbook/casino. This transaction will typically be processed within fifteen minutes and will likely see you qualify for a bonus.

Withdrawals are super-fast when you use cryptocurrencies. You’ll likely have your funds within a few minutes. Many top crypto gambling sites waive fees for withdrawals, and the limits associated with them tend to be considerably generous compared to Fiat options. None of this is bad news by any stretch of the imagination.

STEP-BY-STEP PROCESS
Crypto Gambling Sites in Lithuania
Crypto Gambling Sites in Lithuania
STEP-BY-STEP PROCESS
1
Start an account at a crypto exchange. Fund it via debit card, bank transfer or any other local option. Acquire the cryptocurrency that you are going to use as a gambling bankroll.
2
If you are not in a hurry, limit orders hold fewer fees than market orders. Sometimes, it is better to acquire the proprietary coin of the exchange first, as trading pairs with them cost less.
3
Transfer the cryptocurrency amount to your private wallet. Never make direct transactions between crypto exchanges & crypto gambling sites. Crypto exchanges may freeze such accounts.
4
Head over to the gambling site’s cashier section. Click on the relevant crypto method. The wallet’s address will appear. Copy the address and paste it into your wallet’s send function. QR code scans are commonly available too.
5
If a brand does not support crypto-only wallets, watch out for the exchange rate. Any spread above 1% of the current market rate is too much.
6
After a few seconds or minutes, your deposit will settle. This depends on the cryptocurrency and the number of block confirmations required by the operator.

Of course, tax is something that is always a contentious issue when we’re discussing gambling and cryptocurrencies. However, we do need to talk about it, and we’ll explain everything you need to know below.

What’s the Crypto Gambling Tax in Lithuania?

Cryptocurrencies are exempt from VAT in Lithuania, but they are still subject to tax – namely, income tax on profits. And while gambling winnings are not taxed (even from crypto gambling sites), an increased income from crypto-assets above €2,500 will get taxed at 15%. This will include any crypto winnings you declare. It is worth noting that Lithuanians who live abroad are also subject to this tax if they are tax resident in the country.

If you are above the €2,500 threshold, or simply wish to keep any activity from offshore sites private, you can simply keep your winnings in your anonymous wallet. You only pay tax on crypto profits, and in this way, they won’t necessarily be “profit” at that time. Just remember to cash out only small amounts via regulated Fiat gateways.

Is Crypto Gambling Used in Other Countries?

In short, yes. Gambling with cryptocurrencies is an emerging trend worldwide, and the fact that governments have not caught up with it yet gives you and everyone deciding to use it an important head start. Such was the case with Finland crypto gambling sites that locals utilised in order to outmanoeuvre the ban on transactions to offshore sportsbooks and casinos.

We can even see the effect in more regulated markets where providers flee due to heavy fees. Polish crypto gambling boomed because of this, and it’s not the only country that’s happening. So, don’t miss this chance.

Our Final Verdict on Lithuanian Crypto Gambling Sites
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Our Final Verdict on Lithuanian Crypto Gambling Sites

At first glance, cryptocurrency-friendly gambling sites look as though they have a hard time in Lithuania. After all, the country is notorious for having its ISPs block access to any sites that aren’t licensed by the GCA. However, upon closer inspection, the industry is a lot freer from entanglements than you might think.

There’s nothing stopping you from joining Lithuanian crypto-gambling sites in the country. In fact, given the surplus of games, general anonymity, faster payouts, impressive and flexible bonuses and the fact that even offshore crypto casinos are licensed and regulated from elsewhere, we can safely recommend all our top Bitcoin and crypto gambling sites to Lithuanians today.

FAQs

Yes, although it is strictly regulated, and this includes licensing, ISP blocks and regulations. Crypto gambling is a grey zone within Lithuanian gambling law, and you are free to participate in it.

Absolutely. In fact, Lithuania adopts the same regulations and stance as found in EU directives, although it adds its own spin on it with additional regulation.

While the Bank of Lithuania doesn’t consider cryptos to be legal tender, crypto businesses (and exchanges) are expected to stick to the same rules as any other financial institution, with the bank ensuring that they do.

This all comes down to where you play. Some sites convert your crypto deposits for gameplay purposes, but most major cryptos can be used to wager on games and sports, yes.

There’s no reason why this isn’t possible. Most of our recommended and top sites offer exceedingly generous crypto bonuses, not just to new players but already existing members, too.

Cryptogambling.tv is the first site to fully empower crypto iGaming brands. Decentralized digital currencies are the answer to the restrictions that gamblers face worldwide. Your funds, your rules. At the same time, we accept no compromises, and promote only legitimate websites. Trust our expertise, become an avid crypto gambler and maximize your bankroll’s value.
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