Payment providers are making fortunes from hidden currency exchange fees related
to online bookmaker banking. Find top betting sites that offer accounts in your native
currency so you can avoid paying these outrageous fees.
Multi-Currency Betting Sites
Why is your betting site account currency so important?
If you live in Western Europe, your account currency is not an issue as just about
every top betting site offers accounts in the British Pound and the Euro. However,
if you live elsewhere, the situation isn’t so clear - and this is a BIG deal. Banks,
credit card companies, e-wallets and other payment providers are making fortunes
from hidden currency exchange fees. When you exchange funds from one currency to
another, your payment provider buys new funds on your behalf at the day’s best rate,
then marks it up by up to 5% to provide your exchange rate.
If you exchange your funds to bet on sports, you can lose up to 5% of the transacted
value on every deposit or withdrawal. Why waste such significant sums of money when
you can find online bookmakers that offer betting accounts in your desired currency
and accept bettors from your country? Save your hard-earned money for your own enjoyment,
don’t waste it on hidden currency conversion banking fees.
All betting site currencies are organized by the continental regions of Africa, Asia,
Europe, Oceania and The Americas. You can also view the account currencies at each
of our top online bookmakers to see if your preferred betting site supports your
currency. If you are not within a market that has become locally regulated, you may
be able to play at a betting site that now provides direct betting accounts in Bitcoin,
Ethereum, Litecoin and Tether. 10Bet is now one of the only true crypto bookies
that exist within a proper gaming jurisdiction.
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Other than the Pound & Euro, these eight currencies are the most-supported by the
world’s best betting sites. This guide will quickly show you where you can play
in your desired currency.
Once you’ve found a betting site that supports your desired currency, you must be
sure to use a banking method that works in that currency as well.
There is no point in finding out what online bookmakers offer accounts in your desired
currency unless you will also be able to deposit and withdraw funds in that currency.
The world of bookmaker banking methods can be confusing in the initial stages as
not all methods are available in all countries and in all currencies. In the end,
you just need to ensure that your betting site of choice also offers banking methods
that work directly in your desired currency. This means you need to learn a little
about the available banking methods that serve your country.
Here is an example of confusion that can arise: Entropay is a massively popular method
for bookmaker banking and is often listed as being compatible with all the available
currency accounts at betting sites. This is technically true as Entropay can fund
nearly any account. However, this does not mean Entropay is available in your desired
currency for direct banking and the elimination of exchange fees.
Entropay provides virtual Visa Card numbers. You can go online to their website,
register and fund these virtual Visa numbers via your local payment methods and native
currency. You would then use the Entropay Visa numbers at any betting site that
accepts Visa. The problem is that Entropay is only offered in three currencies,
the US Dollar, Euro and British Pound. When you fund those virtual Visa numbers,
you fund them in one of these three currencies.
If your betting account for example is in Swedish Krona, you won’t be able to use
Entropay to transact directly in SEK. You will fund your Entropay account by buying
Euros with your SEK base funding source, paying an exchange fee. Then at the betting
site you would use the Euros to fund your Krona account. This is a double hit of
exchange fees as your funds went from SEK to Euro and then Euro to SEK. That’s just
for one deposit. You would experience the same two exchanges when withdrawing back
to Entropay, plus whatever other fees you are paying.
So while you are able to use Entropay to fund your betting site account, you will
not get full value for your money because you may not be able to transact directly
in your desired currency. If you like the convenience of a service like Entropay,
simply ensure that your betting account currency is set to one of their three available
currencies, so you only deal with one conversion for each deposit or withdrawal.
If you do prefer to keep everything in your native currency, this is not very difficult,
it just takes a minute or two to see if the available payment methods will work for
you as desired. Your betting site will likely show you if they accept given e-wallet
or payment platforms like Skrill, Neteller or EcoPayz from your country of residence.
Simply visit these banking method websites, and from their respective registration
screens, you will be able to see if they offer account balances in your desired currency.
If bank transfer solutions are listed at your chosen betting site like Trustly,
Instadebit, iDebit, Sofort or others, simply visit those websites to see if your
desired currency and bank are eligible for use.
