Euteller is a Finnish payment founded in 2007. It is an online deposit method that allows instant bank payments. Exclusively for the Finnish market, betting with Euteller ensures the safety of the transactions, eligibility for a welcome bonus and the possibility to participate in any promotion.
It is not hard to find Euteller betting sites since it is widely accepted in Finland. A great customer support service that could answer any question and an easy to handle mobile app are notable advantages for gamblers. No need to create an account since the payment has a direct connection with your online banking account. In the forthcoming Euteller review, you will take a deeper look into every aspect of betting with it, such as:
- An up-to-date (2022) list of Euteller bookmakers
- How to use Euteller when betting online
- All its pros and cons
Best Euteller Bookmakers (2022)
Below we have listed the top-rated Euteller bookmakers. These sportsbooks offer high odds, fast deposits and low fees. Go ahead and pick your preferred one.
Why should you bet on an Euteller bookmaker
Players have plenty of reasons for betting with Euteller. Speedy deposits, no need to create an account and great customer support are some of them.
✔ Safe and secure: Financial Supervisory Authority of Finland regulates the company and the connection with the local banking system, Euteller ensures that your deposits to betting sites are safe and secure.
✔ Widely accepted by Finnish bookies: As a payment exclusively designed for the local market of Finland, most bookmakers accept deposits through it. Bettors who deposit with Euteller can choose from multiple sportsbooks.
✔ No need to create an account: It is a critical factor that a player can use Euteller without creating an account. Since a bettor has an account on one of the cooperating banks, he can connect his bank account with the payment and deposit to a bookmaker.
✔ Eligibility for a welcome bonus: Players that choose to deposit on Euteller bookmakers are always eligible for a welcome offer. At the same time, you can also claim any new offer or participate in any promotion.
✔ Great customer support: It is always essential to have help when you need it. Players can contact the support department through phone or via email, every day of the week, in the Finnish language.
✔ P2P transfers: Through the new service, Siirto, players can send money to another account holder by only using the other player’s mobile phone number.
✔ Euteller app: An easy-to-handle app is available for iOS and Android devices. Players can download the app and create an Euteller ID. Also, the company created a new product, Siirto, which is only available for Nordea users and the OP Financial Group banks. With Siirto, you can simply confirm a payment with a phone number. Some bookies in Finland already accept deposits through it.
Drawbacks of betting with Euteller
Like any other online payment method, Euteller also has some downsides. For instance, not accepting withdrawals and not allowing you to use your cryptocurrency through it, are among them.
❌ Exclusively for the Finnish market: When we talk about Euteller, we discuss a payment that is designed for the Finnish market exclusively. It can not be used out of Finland and a player needs to hold an account in a local bank that cooperates with the payment.
❌ Funding only through a bank account: When with other online payments methods, players can fund their account in multiple ways; it is a downside for some bettors that you can use Euteller only through your online banking account.
❌ Not allowing withdrawals: The most significant issue of Euteller. Deposits are almost instantly processed, but when we talk about withdrawals, there is a serious weakness. More specifically, players can not withdraw from Euteller bookmakers and need to find an alternative.
❌ A limited number of banks support it: Even though it is a payment exclusivelyy for the Finnish market, not every local bank supports it. However, Siirto, Nordea, Osuuspankki, Danske Bank, Ålandsbanken, S-Pankki, Aktia, Säästöpankki, Pop Pankki, Oma Säästöpankki and Handelsbanken are among the banks that do so.
❌ Not accepting cryptocurrencies: In the modern era of the gambling industry, it’s a drawback that you can not use your crypto wallet funds to deposit to your Euteller bookie.
❌ No plastic or virtual card: A plastic or virtual card is crucial when choosing an online payment method for many bettors. Euteller doesn’t provide any of these and players can use it online for online payments without physical presence.
Is Euteller sports betting legal and safe?
Euteller is a privately held company founded in 2007. The company holds a Finnish Payment Service Provider license. The Financial Supervisory Authority of Finland (FIN-FSA) regulates the payment. The fact that most Finnish banks cooperate with the payment ensures that your betting activity is legal.
Regarding safety, the 256 bit SSL and the two-factor authentication to proceed with a payment ensure that your transactions are secure. Also, all the payments are encrypted since they take place through the Finnish bank system.
How to Fund a Euteller Account
Even though you can hold an Euteller ID if you use the service through the mobile version, you are not obliged to have an account. You need to visit the payment’s website to learn if your bank cooperates with it. You can not store funds to Euteller. When you visit your Euteller bookie, you just need to select it as your payment method, and as a next step, you will be redirected to your online banking to proceed with the transaction. As a payment option exclusively for Finnish players; it accepts only Euro (€) as currency.
How to deposit with Euteller
Regarding your deposits on your favorite Euteller betting sites, the procedure is really quick and easy.
- Log in to your preferable bookmaker
- Click the ‘Deposit’ option
- Choose Euteller as your payment method
- Enter the amount you would like to deposit
- The system will transfer you to the Euteller website automatically
- Choose your bank from the list and you will visit your online banking account
As your last move, you need to enter your PIN to confirm the payment. After this, the amount will be immediately available to your betting account.
Can I withdraw from Euteller betting sites
Currently, you cannot proceed with a withdrawal from an Euteller betting site. This constitutes a major drawback of the payment; especially when other online payment methods allow withdrawals. The lack of withdrawals is for sure an important issue and some players may reconsider depositing with Euteller.
Fees and limits
Regarding fees, for any transactions that a user proceeds with, a fee of 1.95% applies. Also, since the payment doesn’t provide a withdrawal option, players need to find an alternative that may come with some extra fees. On this occasion, the best option is to withdraw an amount through a wallet like Neteller or Skrill. In most cases, a deposit with the same payment method is necessary before the player requests a withdrawal. Limits on deposits vary depending on the Euteller bookmaker but typically range from €1 up to €10.000.
Euteller compared to other methods
Even though we are talking about a notable choice for every player looking to fund his account, you can see how it matches up to other payment methods below.
Euteller vs Trustly
Trustly was launched in 2008 in Stockholm. The company has ten offices in Europe, Australia and the Americas and over 525 million users. Through Trustly services, over 6300 banks are connected. Fast payments, multiple currencies available and eligibility for a welcome bonus are its main features. On the other hand, not accepting cryptocurrencies and the possibility of charging extra fees, depending on the bank you are dealing with, are considered drawbacks for the payment.
Euteller vs Skrill
Skrill is one of the top choices for any gambler who bets online. Most sportsbooks accept it since it operates worldwide. Low fees, almost instant transactions and under-the-radar betting activity are among its main advantages. On the other hand, most of the time, you can not claim a welcome bonus when you deposit on Skrill bookmakers. However, Euteller betting sites allow you to participate in every promotion. When you transfer from a Skrill account to your bank, charges could be up to 7.5% per transaction, depending on your region and your bank. Also, it costs €10 to get a Prepaid Mastercard.
Euteller vs Zimpler
As regards Zimpler, we are talking about one of the top mobile payment methods. Some bettors may know it under its previous name, PugglePay. The company is based in Sweden and the service is also available in Finland and Germany. Instant deposits and really quick withdrawals, high-security levels and an easy-to-use platform are its main perks. On the other hand, limited availability on Zimpler bookmakers and although it is a mobile payment; there is no app available. This proves that the company needs to take a lot of steps to be closer to gamblers’ needs.
Final word on Euteller by Book Spy
Euteller is a popular online payment method available almost on any betting site operating in Finland. Euteller betting sites allow easy and quick deposits, player to player transfers and eligibility for a welcome bonus. Still, Euteller lacks some main perks when it comes to online betting. Lack of plastic or virtual cards, the need for a bank account in a local Finnish bank and not accepting deposits with cryptocurrency are significant disadvantages.
To sum up, Euteller bookmakers could be a notable payment option for some Finnish gamblers. Many bookies accepted it and fees remain low. However, the fact that there is no withdrawal option and that not all local banks support it; proves that the company needs to take a step forward to establish its position in the gambling industry. Till that happens, I would instead recommend other wallets, like Neteller or Skrill, to make the most of your betting activity.
Complete list of Euteller bookmakers
Fast deposits and low fees are some of the main pros of Euteller sportsbooks. Feel free to check below the complete list of Euteller bookmakers and choose the one that best suits your needs.
Unfortunately, Euteller does not support withdrawals. However, there are several payment options to choose from when requesting a withdrawal, such as a bank transfer and e-wallets.
Euteller is directly connected to your bank account. You can not use your cryptocurrency from your wallet to fund your bookie when gambling with Euteller.
Euteller deposits are instant, meaning that there's no waiting time required when selecting this specific payment method to transfer funds to your bookie account.
Unlike other payment options like Neteller or Skrill, Euteller betting sites do not have restrictions on bonus offers. Thus, you can claim all the bonuses offered by bookmakers.
When you deposit funds on a bookie or a merchant, you have an extra charge by Euteller. The fees are fixed on any transaction and are 1.95%.
Euteller has an app but lately, it has also launched a new mobile payment, Siirto. Players can download the app and create an Euteller ID, or they can download Siirto, depending on their needs. At this time, not many bookies accept deposits through Siirto.