Euro Bookmaker Banking Methods
To ensure you save on exchange fees, you also need to deposit and withdraw funds
directly in Euros. Popular e-wallet companies like PayPal, EcoPayz, Neteller and
Skrill all offer EUR balances. However, PayPal only works within a limited number
of countries with regard to use with sports betting sites. Neteller, Skrill and
EcoPayz are more widely available for use in the Eurozone. Check availability at
each site above.
Bank debit methods like Trustly, Klarna (formerly Sofort) among others allow Eurozone
customers to debit their bank accounts from a mobile or computer in order to make
payments to betting sites. Bank transfers and credit cards are also often available,
but e-wallets may provide you with a higher level of privacy.
About the Euro as a currency
The Euro, with sign: '¤' and three letter code: EUR, is the official currency of
19 of 28 European Union countries. It is subdivided into 100 These 19 states form
the Eurozone. The most frequently used banknotes include €5, €10, €20, €50 and €100
as issued by the European Central Bank. Within the Eurozone, over 334 million people
can now use the Euro as their common currency.
History of the Euro
On January 1, 1999, the Euro was introduced an account currency to replacing the
European Currency Unit at par. The European Currency Unit was a theoretical basket
of currencies rather than a physical currency. At first, eleven of the countries
in the European Economic and Monetary Union replaced their own currencies with the
Euro including: Austria, Belgium, Finland, France, Germany, Ireland, Italy, Luxembourg,
the Netherlands, Portugal, and Spain. Greece followed in 2001, Slovenia in 2007,
Malta and Cyprus in 2008, Slovakia in 2009 and Latvia in 2014.
A number of sovereign states that are not part of the European Union have since adopted
the Euro as their currency, including Andorra, Monaco, San Marino and Vatican City.
The Euro is also used in other territories and sovereign states of Euro-zone countries
including the Azores, Balearic Islands, the Canary Islands, Europa Island, French
Guiana, Guadeloupe, Juan de Nova, the Madeira Islands, Martinique, Mayotte, Reunion,
Saint-Martin, Saint Pierre and Miquelon.
The Euro 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 Euro is most traded is the US Dollar. See
EUR to USD rate now.
Finding top Euro betting sites from your country
Although the Euro is the common currency within the European Union, making banking
and transactions very simple, across the Eurozone, each individual country has their
own set of laws and regulations with regard to allowing online sports betting for
their citizens. Portugal for example has an extremely tight level of regulation
and very few of the word’s top brands serve that market. France is also highly taxed
and regulated, with only a small number of official providers. The Netherlands is
perhaps the most regulated with regard to online betting, with serious penalties
for those that advertise or market to their citizens. Within the Eurozone, choice
is far greater with several other large markets. To help, find links to resources
that provide top Belgium betting sites, top Luxembourg betting sites, top Finland
betting sites, top Spain betting sites, top Monaco betting sites and top Ireland
betting sites. Regulation remains high in most of these markets, but you may certainly
need help in identifying the best providers. The KSA has finally made their decision
to allow licenses for Netherlands betting sites after a long, long period where Dutch
bettors had no official options. That has finally now changed in 2021 with some
new options to the market.
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