If you want to bet on sports from Norway, to get the most out out your experience,
you would probably prefer to be able to register a betting account in Norwegian Krone
so you may deposit and withdraw your native national currency without having to exchange
funds. Luckily, there are several great options that offer NOK accounts, and in
many cases they offer a Norwegian language website version as well.
Be careful as you look to find the right NOK betting sites. Many sportsbook review
sites currently promote betting sites explicitly to Norwegian audiences that DO NOT
offer Norwegian Krone accounts. When you look to register, you will be able to set
your account to NOK. If you don’t see the Krone as an option, don’t finish your
registration. You’ll lose up to 5% of the value of each transaction due to hidden
exchange fees if you play in another currency. Save your money for your bets. As
such, these are the best betting sites for Norway below, note the bonus offers below
the list.
Norwegian Krone Bookmaker Banking Methods
To ensure you save on exchange fees, you also need to deposit and withdraw funds
directly in Norwegian Kroner. Popular e-wallet companies like EcoPayz, Neteller
and Skrill offer NOK balances and will work with many betting sites from Norway,
simply check the availability at each site. Bank transfers and credit cards are also
often available, e-wallets may provide you with a higher level of privacy. PayPal
is not generally available as an NOK banking method for sports betting. Be careful
with Entropay and NOK payments. They don’t offer NOK balances, so any payments you
use with them will include currency exchange fees. So unless your betting account
is going to be in USD, EUR or GBP, best to work with a method that allows for direct
Krone transactions.
About the Norwegian Krone
The krone, with sign: 'kr' and three letter code: NOK, is the currency of Norway.
It is subdivided into 100 øre, which exist only electronically since 2012. Cash transactions
are rounded to the nearest krone
Norwegian Krone History
The Rigsdaler was used as the main form of currency in Norway until the year 1816.
At this point in time, Denmark and Norway were part of a political union, and thus,
Danish currency was circulated in Norway. In 1816, Norges Bank, the modern central
bank of Norway, was established. With this, the monetary unit of Norway was changed
to Speciedaler. In 1875, Norway joined the Scandinavian Monetary Union and adopted
the Krone as its official currency. The union lasted until 1914, but all nations
of the union kept their respective currencies after leaving. The currency has been
free floating in the market since 1992. Over its history, the Krone’s value was
pegged at value of both gold and silver, as well as being pegged at various multiple
values of the US Dollar, Pound Sterling and against the German Reichsmark during
the occupation of World War II.
The Norwegian Krone in World Currency Markets
The krone was the thirteenth most traded currency in the world by value in April
2010. The currency against which the Norwegian krone is most traded is the Euro.
See NOK to EUR rate now.
Comparing Odds at Norwegian Krone Betting sites
Some prospective bettors in Norway may be interested in getting the maximum potential
value for their stake money. Potential payouts can differ significantly between
online bookmakers. Identifying the highest possible returns comes through the comparison
of odds. While this is an important concept, it is also important to know that the
odds and payouts that are displayed are coming from betting sites that are right
for Norwegian bettors - and that means betting sites that offer NOK accounts. This
is why oddsjet.com is the odds comparison site that is probably best for bettors
in Norway as they only display odds from top Norway betting sites that offer Norwegian
Krone accounts and payment methods. After all, why look to maximize potential payouts
on one hand, only to have to lose money on currency exchange fees on the other hand.
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