Boku is a payment method that allows you to fund your betting account through your mobile phone. It was created in 2009 after acquiring Paymo and Mobillcash. The company’s headquarters are located in San Francisco, California and it has about 24 million active users. The United Kingdom, Sweden and Canada are the countries where Boku is most used for betting. The main perks of Boku betting sites are that they come with zero fees on your deposits and allows you to use your local currency.
Currently operating in 65 countries, Boku is a fast-growing payment method and more bookies accept it every day. In the following sections, you can take a closer look into every aspect of sports betting with Boku, such as:
- An up-to-date (2022) list of Boku bookmakers
- How to use it when betting online
- All the pros and cons
Best Boku bookmakers for 2022
Among all the Boku betting sites, we have chosen the top-rated ones. The following bookies offer fast deposits and high odds. They have been tested in terms of reliability, safety and transaction speed. So, go ahead and pick your favorite one.
Why should you bet on Boku sports betting sites
Many players prefer to bet through their mobile phones. Boku is a mobile payment service with many benefits. Boku betting sites come with zero fees and the possibility of betting with local currency.
Fast deposits: An essential advantage is that every deposit takes place almost immediately. Moreover, the possibility of rejection is close to zero on bookmakers that accept Boku.
Betting in your local currency: One of the main perks of Boku is that it supports 40 different currencies since players pay for their betting activity through their phone bills. This way, bettors can avoid any conversion fees.
No need for a bank account or credit card: Boku allows players to make instant deposits without having a bank account or any type of card (credit/debit). Bettors just need to have a mobile phone number to be able to deposit to a bookie.
Safe and secure: The payment offers high levels of security to players. There is no need to share any banking information with Boku bookmakers since only a phone number is necessary to deposit. Also, every transfer gets authorization via SMS sent to the registered mobile phone.
Zero fees: Boku will not charge any fees for using the service. Moreover, there are no activation fees or any charge to keep your account active. At the same time, bookies, even the international ones, will not charge a fee on your deposits.
Play now and pay later: Betting with Boku gives you a notable lead. You can deposit an amount to your betting account and settle the payment later during the month.
Drawbacks that arise when you bet using phone bill
On betting sites, deposit by phone bill comes with some drawbacks, like all the other payment options. Low deposit limits and withdrawal restrictions can make it unattractive to many players.
❌ Not widely accepted by bookmakers: Even though the payment was created in 2009, sometimes it is hard to find bookies that accept it in some countries. Boku betting sites in the UK, for instance, are very limited.
❌ No withdrawals: Bettors always want to enjoy fast withdrawals. It is an issue that Boku has to resolve since withdrawals are not even available. So, players have to find an alternative when depositing with it.
❌ Doesn’t operate in many countries: Boku has become more popular lately and currently operates in 65 different countries worldwide. As the company grows day by day more, the payment will be available in more countries soon.
❌ Low deposit limits: Considering one of the most significant drawbacks of Boku bookmakers, the daily deposit limit is £30 (or currency equivalent). Even though it helps you control your betting activity, this limit is quite low, even for a regular gambler.
❌ No player to player transfer: Using Boku for your gambling activity means not sending any amount to a friend. The service is only available to proceed with payments to a merchant or a bookmaker.
❌ Not accepting cryptocurrencies: Lately, many bookies and payment methods accept deposits through your crypto wallet. Since Boku payment takes place through your phone bill, you don’t have to use any crypto wallet to fund your betting account.
At this point, we have seen all the advantages and disadvantages of Boku. We will see why it is legal to bet, how to make a deposit and the security levels the payment uses in the following sectors.
Is betting with Boku legal and safe?
Boku belongs to Boku, Inc. and the headquarters of the company are located in San Francisco, California. Boku has been certified by the U.S. Department of Commerce. The company has also been listed on the London Stock Exchange since November 2017 and until the end of 2021, it will open its new offices in London, Germany, Brazil, Japan and India.
In 2020, Boku won the "Future Digital Awards" for Best Mobile Money Offering and Fraud Detection and Prevention Innovation. Regarding safety, betting sites that accept mobile payments ensure a high level of security. Players will share only a mobile number to deposit. Also, any transfer needs to be authenticated via SMS on your mobile number before proceeding.
How to deposit on Boku bookies
Adding funds to your preferred Boku bookies is an effortless and quick procedure. It will not take more than a few minutes if you follow the upcoming steps:
- Visit your desirable bookmaker
- Click the deposit option
- Choose Boku as your payment method
- Select the amount you want to deposit
- Fill in the mobile phone number registered to the Boku account
- You will receive a one-time code on your phone to verify the transfer
- Complete the code and the deposit has been completed
Can I withdraw from betting sites that accept Boku?
A quick and easy withdrawal procedure is always an essential factor for bettors who choose a payment for their online betting activity. Boku has many advantages, but to take the next step, it needs to offer withdrawals too. When bettors choose to deposit with Boku, they must have an alternative to withdraw their winnings. Good options are bank transfer and debit or credit card.
It is essential for players not to pay fees when depositing on bookies. Boku can offer this. There is no charge to use the payment and at the same time, no fees apply on your deposits. However, Boku doesn’t allow withdrawals. When bettors want to cash out their winnings, they need to find an alternative method, and in this case, extra fees may apply. For instance, to use Boku funds through Neteller, a fee of 1.45% per transaction applies.
Regarding limits, the maximum deposit is only £30 per day. On the other hand, withdrawal limits depend on the payment method you choose and the Boku betting sites you prefer.
What are the accepted and restricted countries
For the time being, Boku operates in more than 40 currencies and 65 countries. You can find the complete list of supported countries below: Argentina, Australia, Bahrain, Belgium, Bulgaria, Canada, Chile, Colombia, Cyprus, Czech Republic, Denmark, Dominican Republic, Ecuador, Egypt, Estonia, Finland, France, Germany, Greece, Guatemala, Honduras, Hong Kong, Hungary, India, Indonesia, Ireland, Israel, Jordan, Latvia, Lebanon, Lithuania, Malaysia, Mexico, Netherlands, New Zealand, Nicaragua, Norway, Peru, Philippines, Poland, Portugal, Romania, Russia, Saudi Arabia, Singapore, Slovakia, Slovenia, South Africa, Spain, Sweden, Switzerland, UAE, UK, US, Venezuela, Vietnam.
However, the service is unavailable in Brazil, Nigeria, Kenya and Japan.
Boku betting sites in the UK
Despite the payment is becoming popular lately in the country, there are not many Boku betting sites in the UK. O2, EE and Vodafone are the biggest telecommunication companies that cooperate with Boku in the UK. Boku offers many advantages like quick deposits and zero fees, but most punters in the UK prefer other payments like PayPal and Neteller. A smart way to overcome the lack of Boku bookies is to top up your Neteller wallet with Boku’s funds. Below you will find more information about the connection between these two payments.
Boku and Neteller
As we have already mentioned, it is not that easy to find betting sites that accept deposits with Boku. A solution to this issue could be using Boku through Neteller. This way, you can use your Boku funds easily since more Neteller bookmakers exist. Players need to create an account with Neteller and then deposit through Boku. However, funding Neteller through Boku comes with fees of 1.45% (minimum charge £0.50 or currency equivalent).
Boku compared to other payments
Even though Boku is a fast-growing payment method and a good option for players, it is not yet widely accepted by bookmakers. So, it is good to have a look at alternative payments.
Boku vs Trustly
Trustly is an example of an online open bank payment system. It was launched in 2008 in Sweden. The company has close to 525 million users and at the same time, it has cooperation with almost 6300 banks globally. Quick transactions and low fees are some of its main perks. Simultaneously, choosing between multiple currencies to make your payments and allowing player-to-player transactions when Boku bookmakers don’t. However, not being available in many countries, the lack of a mobile app and the fact that players can only fund Trustly bookmakers through their bank account; are significant drawbacks.
Boku vs PayPal
PayPal is, without a doubt, one of the most famous wallets. The company was established in 1998 as Confinity and is considered one of the best payment methods for online gambling activity. It might be hard to find Boku bettings sites in the UK when there are multiple PayPal bookmakers. High levels of security and eligibility to claim any promotion are significant edges when betting online with PayPal. However, it is probably the most regulated online wallet, where your transactions are not under the radar. Another drawback of PayPal is that its prepaid card is not available in other countries except the USA.
Boku vs Neosurf
Neosurf was created in 2004 and, for the time being, it operates in more than 40 countries. We discuss a pre-paid voucher that bettors can find in over 150.000 different locations. The payment provides an easy-to-handle mobile app, instant deposits and allows player-to-player transactions. These are some of the main perks when betting on Neosurf betting sites. Still, inactivity fees, low deposit limits, and, most importantly, withdrawal restrictions are some of its most noteworthy shortcomings.
Boku has operated since 2009 and currently provides its service in 65 countries. Safe and instant deposits combined with high-security levels are its main assets. Also, players can deposit using their local currency and avoid any conversion fees. Still, the payment doesn’t operate globally, you can not withdraw your winnings and it doesn’t support cryptocurrency to fund your account.
To sum up, Boku is a worthy option for gamblers. Zero fees on your deposits are a big advantage. However, some noticeable weaknesses are its low daily deposit limit and the unavailability of player-to-player transfers. Therefore, Boku is a passable choice for low-turn and regular bettors. However, I would recommend other online payments, such as Skrill or PayPal, for high rollers to make the most of their activity when betting online.
Complete list of Boku betting sites
Fast deposits and low fees are some of the main pros of gambling with Boku. Check below the complete list of bookies that offer Boku and select the one that better suits your needs.
Even though it can be used to add funds on some wallets or other payment options, when it comes to using it in connection with Paysafecard, Boku doesn’t offer any alternatives. You can choose one or the other to deposit at bookmakers, but you cannot combine them.
Straightforward answer, yes. Boku is a valid payment option for multiple Swedish merchants, bookies included. Swedish bettors are big fans of mobile payments and after Pugglepay stopped working, Boku was quickly adopted.
Australian bettors are welcome to use Boku to deposit at their preferred bookies. Even though not many bookmakers accept deposits through Boku, more and more adopt the payment for the time being.
Boku is a lot safer compared to other payment options, thanks to its two-factor authentication system. After you initiate the payment, you get a verification code sent via SMS on your mobile phone, making it virtually impossible for anyone to gain access to your data.
Bet365 accepts deposits through Boku and doesn’t charge any extra fees. If you cannot see Boku as your payment method, you can still top up your Neteller account with Boku funds and then deposit to Bet365.
Despite the fact that you can not use your Boku funds directly, you can use your Neteller account and deposit money to William Hill.