The euro is the official currency of the Eurozone which is made up of Austria, Belgium, Cyprus, Estonia, Finland, France, Germany, Greece, Ireland, Italy, Latvia, Lithuania, Luxembourg, Malta, the Netherlands, Portugal, Slovakia, Slovenia, and Spain.
The euro is also used by several other countries and territories. This currency has been used since 2002 and it is estimated that 337 million people use it on a daily basis.
It is the second most traded currency in the world and with over €1 trillion in circulation; the euro has overtaken the US dollar in combined value of currency in circulation.
It is, therefore, no surprise that the euro is one of the most popular currency options at sports betting websites around the world.
An overwhelming majority of the biggest names in online betting allow deposits, withdrawals, and betting with euros.
Players who sign up for an account at the best Euro bookmakers will be encouraged to deposit and wager primarily in this currency.
Top 10 Euro Betting Sites
EUR Currency Accepted
Who can use Euros for Making Sports Bets?
Anyone can use euros for betting on sports provided the sportsbook that you are using accepts it. Punters that have euro credit/debit/prepaid cards, an eWallet account in euros, or a bank account can use the euro for betting, deposits, and withdrawals.
Even somebody with this stable currency in their pocket can bet with an online bookmaker by using a transfer service to make a deposit.
Next to the US Dollar it is the preferred currency at European football betting operators and in most cases, the default currency.
If an internet bookmaker does not support the euro betting option, they will almost certainly accept deposits in this currency. The bookmaker would simply convert this money into one of their supported betting currencies. Many people use other currencies that aren’t a supported betting option at their online sportsbook. They still qualify for bookies welcome offers and receive the amounts in currency equivalent.
For example, many Canadians use Expekt as their preferred betting site but this bookie does not offer the Canadian dollar as a betting currency. Many of these Canadian punters use the euro to bet with. Players that have their deposits converted into euros should be aware that they may not get the best exchange rate but the difference is usually quite minimal. When the bet sign up offers are really good, it is definitely worth making this small compromise to cash in.
What Bookmakers Offer the Euro as a Betting Currency?
As previously mentioned, most online sportsbooks offer to opportunity to bet in this currency. Gamblingjudge.com lists 108 recommended betting sites for Irish punters. 85 of these bookies offer betting with euros. Gamblingjudge.com also recommends 97 betting sites for UK residents. These are comparable to the best Euro sports betting operators, so those who join them are in good hands.
79 of them support bets with euros. The highest-rated sportsbooks like Pinnacle, Unibet, and Betfair allow punters to place bets in euros. Other top euro bookmakers include Bwin, Paddy Power, Betfred, Ladbrokes, and 888. Betfred online sports betting and Betfair sportsbook are also on the list and these are some of the most prestigious European football betting operators.
Do sites like the Betfair exchange also accept Euros?
The euro currency is accepted in more than just sportsbooks. There are other forms of sports betting sites where you can find it. Places like the Betfair exchange website come to mind, for starters.
If you’re not familiar with it, Betfair has an exchange that UK and other European users can visit. A betting exchange works in a similar way to an online sportsbook, with a few subtle differences.
A typical sportsbook sees the bookie control the odds, and you’re betting against them. If you were to visit Betfair’s exchange, you are essentially betting against other punters. Should you win, you won’t claim winnings from the exchange, but from other bettors. Moreover, the odds are fluid and not controlled by the bookie, but by your fellow bettors. Note that you will lose a small cut to the site, regardless of whether you use the mobile Betfair exchange app or wager online via your computer.
Because the Betfair exchange app is so popular across Europe with many users, the Betfair exchange mobile platform naturally accepts the euro currency, amongst many others.
Are there Betting Bonuses for Euro Deposits?
There are too many bonuses available for euro bookmaker deposits to mention them all here. Bet Victor, Titan Bet and 90 Dakika will all give you up to €25 in bonuses on euro betting deposits. Paddy power online betting fans can confirm that their bet sign up offers are also attractive, easy to claim and redeem.
Euro wagering deposits will earn you up to €50 in bonuses at Bet Kurus, Goal Bet, and Netbet while up to €100 worth of bonuses is yours when you make such a deposit at Bet Motion, Efbet, or William Hill. It gets even better at Bet at Home and SBObet where sports betting deposits will get you up to €200 in bonuses. An incredible €2,000 in betting bonuses can be had at Doxx Bet.
You can find these and many more valuable bonuses in the promotions section at Gambling Judge. Remember to read the terms and conditions that apply to each one. Even the best bookies welcome offers should be taken with a pinch of salt and recipients must carefully read and abide by the rules.
What are the Maximum and Minimum Amounts for Deposits and Withdrawals in Euros?
The answer to this depends on what payment method and which sportsbook you use. Maximums and minimums vary greatly between bookmakers and payment processors. If you deposit with euros using a Mastercard or Visa credit card you must typically deposit between €5 and €40,000 while euro withdrawals must be anywhere from €10 up to €30,000.
Neteller is a commonly used payment method and you can use it to deposit between €15 and €37,500 most of the times. Withdrawals must also fall between €15 and €37,500. Those looking to make bigger deposits and withdrawals may want to consider using a bank transfer. Paddypower golf betting fans as well as those who bet large amount on rugby Paddy Power, can use it to move larger amounts securely.
These deposits require a minimum of €200 and a maximum of €150,000 while euro withdrawals require a minimum of €40 and a maximum of €50,000. Irish independent bookmakers might have different limits for each type of transaction, so it is wise to go over the terms and conditions to get up to speed.
Let’s compare these limits with those established at Pinnacle. Euro bookmaker deposits using a Mastercard or Visa credit card must be between €20 and €500 per transaction. Withdrawals must be at least €200 and no more than €2,500 per transaction. Further limitations could apply to those who apply for the free bets no deposit 2020 UK casino have to offer, based on the maximum cashable amounts.
Neteller deposits must range from €10 up to €37,500. Unfortunately for Neteller customers, withdrawals aren’t allowed to be processed through Neteller at Pinnacle. As for bank transfers, the minimum deposit is €10 and the minimum withdrawal is €15. There are no set maximums on deposits or withdrawals. If you click the William Hill login button you might find out that their payment limits differ quite a bit.
The bottom line is that punters need to check with their bookie to find out what limits apply to euro sportsbook deposits and withdrawals. There are a lot of online betting sites and quite a few payment methods so there will be countless different limits. Euro sports betting play by the same rules, but are given a lot of freedom in choosing these details, so research goes a long way.
Why Bet in Euros?
Betting in Euros is advantageous because so many online bookies offer it as a betting option and most payment methods also support the this currency. This gives bettors a greater variety of bookmakers and payment processors to choose from. They are also eligible for the online bookmakers free bets that spice things up and provide an incentive to sign up.
Depositing in euros and using it as your betting currency will also make it unnecessary to do currency conversions and calculations on betting, deposit, and withdrawal amounts. Bet before the first whistle or cash in on the best inplay odds available to wager live on the most popular sports and betting markets.