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When you want to start betting on sports from South Korea, you likely want to deposit, bet and withdraw South Korean Won to avoid currency exchange fees. Find out which betting sites offer South Korean Won accounts.

If you want to bet on Korean baseball, the K-League or any other major sporting event around the world it makes sense to play in your native currency so you can avoid currency exchange fees.  Luckily three top betting sites offer accounts in the South Korean Won, so that you may deposit and withdraw your native national currency without having to exchange funds: Pinnacle, MarathonBet and 1XBET.  All of which offer Korean language website versions.    Skrill is the most popular e-wallet payment solution provider that also supports South Korean Won account balances to complement your KRW sportsbook account so you may avoid exchange fees.  Skrill is supported by all these sites.  Note that when signing up, your country name may be listed under K - Korea (South),  S - South Korea or R - Republic of Korea.

Go Go Review Review

Manchester City

None

Low margins → high odds, unique AdvanceBets

Low margins mean some of the best odds

Notable Points

Team Sponsorship

By betting from Korea in your home currency with either of these sites above, you will avoid the currency exchange fees that would otherwise occur for every deposit and withdrawal to and from your betting account.  This equates to a savings of about 5% of each transaction and saves your money for the enjoyment of sports betting.  However, these sites may not have all the features you might desire.  If you are interested in sites that offer the ability to cash out your bet before your events have completed, you will need to play with other betting sites that accept Korean players like those listed below, but you will need to play in another currency.

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Notable Points

Team Sponsorship

Stoke City FC

Rangers FC

None

Tottenham

Birmingham City

Aston Villa

West Ham United


Intuitive betting platforms, many betting markets

Many markets, solid odds, alternate lines

Bonus, live betting ‘Fast Markets’, cash out early

So many markets, one of the top cash outs

Many markets, solid odds, alternate lines

Many markets, solid odds, alternate lines

Flexible cash out, solid odds, many markets

Review Go

FC Barcelona


Most currencies, very high odds, nice bonus offer

Go Review

None

Bonus, live betting ‘Fast Markets’, cash out early

Korean Won Bookmakers

South Korean Won Bookmaker Banking Methods

To ensure you save on currency exchange fees, you also need to deposit and withdraw funds directly in South Korean Won.  Skrill is a popular e-wallet company that offers KRW balances and will work with many betting sites South Korea.  Skrill may also work for you with other listed betting sites that do not offer Won betting accounts.


Converting the South Korean Won to bet on sports

If you do look to exchange funds in order to start online betting from South Korea, try to exchange funds just once for each deposit or withdrawal.  There is no need to introduce a third currency as this will only add a layer of conversion costs for you.  Korean Won to to Euro is far better than Won to USD to Euro.

If you already have a funding source like an e-wallet or credit card in another base currency, try to set your betting account to that currency.  For example: if you already have a Skrill account in Euros for online purchases and you wish to use it to fund your betting account, ensure that you also set your betting account currency to Euros.  Are you wondering about the latest South Korean Won exchange rates?  Convert KRW to EUR now.  

Review