QIWI is a popular online payment among Russian bettors, established back in 2008 in Moscow and the headquarters are based in Nicosia, Cyprus. Speedy withdrawals and under-the-radar activity are some of the major advantages that have made it a top choice for players. As a payment method designed mainly for Russian speakers, it has a significant presence in Russia, Ukraine and Kazakhstan and has steadily expanded to CIS countries, the United States and Asia.
It has almost 42 million account holders and possesses the most extensive ATM network in Russia, with over 200 thousand kiosks and terminals. Its Visa card or virtual card allow players to use their funds in multiple ways. Recently it made a deal with Mitsui & Co. and now it is also available in Japan. Online betting with Qiwi offers speedy transactions, low fees and eligibility to claim a welcome bonus on many bookmakers. In the following Qiwi review, you will be able to take a closer look into every aspect of betting with it, such as:
- An up-to-date (2023) list of Qiwi bookmakers
- How to use the online wallet
- All the pros and cons
Best Qiwi Betting Sites (2023)
Although there are many Qiwi bookmakers to choose from, below we list only the top ones. They offer speedy transactions and very low fees. So go ahead and choose the one that better suits your betting needs.
Why should you bet on a Qiwi bookmaker
Bettors have a lot of reasons to choose Qiwi as a payment method for online betting. Speedy transactions, low fees and under-the-radar activity are some of them.
✔ Fast and secure payments: QIWI uses the latest SSL technology on its website. At the same time, before you proceed with a deposit, you need to fill in the code that you receive through an SMS on your registered mobile phone. Also, the transactions are quick and completed up to 24 hours.
✔ Low fees: Deposits and withdrawals are completed free of charge on your bookie. Moreover, depositing money on your Qiwi wallet does not apply to any fees. If you would like to withdraw money from your Qiwi account, the applicable fees depend on your choice’s withdrawal method.
✔ Qiwi debit or virtual card: You can request a VISA debit card linked to your QIWI account. The Qiwi card allows you to use your balance in your account for any kind of payment. Additionally, you can use a Qiwi virtual card to make a deposit in the most secure way possible.
✔ Welcome Bonus eligibility: Bookies that accept Qiwi as a payment method allow you to claim a bonus. On the other hand, other e-wallets like Skrill or Neteller are usually excluded from welcome bonuses and other promotions.
✔ Under-the-radar activity: Qiwi doesn’t share your personal banking details and it is a significant advantage that local authorities have no access to your betting activity.
Drawbacks of betting with Qiwi
Like any other online payment method, Qiwi also comes with disadvantages, such as high fees for Qiwi cards and the fact that some betting sites don't allow withdrawals.
❌ Limited availability to bookmakers: Qiwi is a fast-growing payment method, which is lately becoming increasingly popular among bettors. However, many betting sites still don’t allow deposits or withdrawals through it.
❌ Some bookmakers may have withdrawal restrictions: An issue you may face when betting with Qiwi is that some betting sites don’t provide a withdrawal option. Instead, you need to find an alternative method that may apply fees. The best option is to withdraw to a wallet like Skrill. Bank transfer is always a choice but involves higher fees than a wallet.
❌ Transaction limits for non-identified users: Qiwi allows you to proceed to transactions without completing the KYC procedure. However, there are limits for users that don’t proceed with full KYC. Transaction limits depend on the region where the user is coming from.
❌ Customer support can be slow: For the time being, Qiwi supports only two languages, Russian and English. Often, you have to wait for a long time until you connect to an agent to find answers to your questions.
❌ High fees for using a Qiwi card: Depending on the Qiwi card you use, fees could range from 1,5% to 2,5%. Although the card service is free, an amount of 2% + ₽50 when you withdraw from an ATM could be considered a downside.
❌ Not many currencies supported: The use of Qiwi is becoming more popular lately for online betting, but it only supports four currencies. RUB, EUR, USD and GBP are the only currencies for now.
❌ Not available in many countries: Qiwi has almost 42 million active accounts and over 200 thousand payment kiosks in Russian, Kazakhstan and Ukraine but operates in only 26 countries for now.
Is gambling with Qiwi legal and safe?
With revenue from $50 to $500 million and 5 thousand employees, Qiwi Group, which owns Qiwi and holds an e-banking license, is one of the most stable businesses in Russia. At the same time, there is supervision and examination by Russian banking regulators. Qiwi Group is listed on the Nasdaq, where the United States Securities and Exchange Commission regulates it. Still, you may wonder, is Qiwi safe? The company uses the latest SSL technology and SMS verification to proceed with your transactions.
How to Bet with Qiwi
If you want to bet using Qiwi, you have to open an account first. Creating an account is a quick and straightforward process. You just need to follow the steps below:
- Visit https://qiwi.com/transfer
- Choose your language
- Select the "create wallet" button
- Fill in your phone number
- Provide the code that you will receive through SMS
- Complete your personal information like name, address etc
That’s it. Since you have completed the previous procedure, your account is ready and verified. You can now proceed with a deposit on your favorite Qiwi betting sites.
How to deposit with Qiwi
Once again, the whole procedure is reaming effortless and fast for any bettor:
- Log in to your desirable Qiwi bookmakers
- Go to the deposit option and choose Qiwi as your payment method. Ιf you have a QIWI prepaid card, you should select credit card or VISA as your payment method.
- Enter the amount you want to deposit
- You will be transferred to your Qiwi wallet
- Fill in the same amount and proceed with the deposit
You will receive an OTP (one-time-password) in your registered mobile number through an SMS after you complete the procedure. Then, fill in the code and confirm your deposit. The funds will be immediately available in your bookmaker account.
Can I withdraw from Qiwi betting sites
Qiwi betting sites allow you to proceed with a payout since you have made a deposit the same way. The procedure is easy since you follow the next steps:
- Log in to your bookmaker account
- Select the “withdraw” option
- Enter your desirable amount
- Choose Qiwi as your withdrawal method
- Press the “confirm” button
Most Qiwi bookmakers allow proceeding with a withdrawal to your Qiwi account. Since bookies don’t provide withdrawals, you need to find an alternative like another wallet or a bank transfer.
Supported and restricted Countries
At the moment, Qiwi operates in the following 25 countries: Armenia, Azerbaijan, Belarus, Brazil, Estonia, Georgia, India, Israel, Jordan, Kazakhstan, Korea, Kyrgyzstan, Latvia, Lithuania, Moldova, Panama, Qatar, Romania, Tajikistan, Thailand, Turkey, Ukraine, United Kingdom, Uzbekistan, Vietnam.
On the other hand, many countries in Europe like Germany, France and Spain don’t support Qiwi, which is also restricted to most African countries.
Fees and limits
It is a big advantage that there are no fees when you deposit or withdraw on Qiwi bookmakers. Αlso, there are no fees when you are funding your account at an ATM or a Qiwi kiosk. Although when you make a deposit with a credit card or through bank transfer, there is a commission of 3,5% on any transaction. If you are wondering about how to withdraw money from Qiwi, the answer is simple. You can send money to your bank account from your Qiwi wallet, but you have to pay a 5% commission. Regarding Qiwi cards, fees vary depending on the card you own.
QIWI Virtual Card: The expiration date of the card is in one year. You can connect it with Apple Pay, Google Pay and Samsung Pay. If you are paying in Russian stores, fees are 0%, but if you use it outside of Russia, the commission is 2,5% and the minimum charge is ₽30 (or currency equivalent).
QIWI payWave+: The card is valid for five years, and the cost to obtain it is ₽349. You can also connect it with Apple Pay. If you withdraw cash at any ATM, fees are 2% +₽50. If you are paying in Russian stores, fees are 0%, when at the same time for global use, the commission is 2,5% and the minimum charge is ₽30 (or currency equivalent). You also have the eligibility to withdraw cash at QIWI offices in St. Petersburg and Kazan, and fees are 1.5%.
QIWI payWave: The card is valid for three years, and the cost to obtain it is ₽299. Regarding charges, the same fees as QIWI payWave+ apply.
When you are talking about limits, the maximum transaction limit is RUB 15,000 or currency equivalent. As we have mentioned before, if you don't have your account verified, this limit is even lower.
Qiwi compared to other methods
Even if Qiwi bookmakers are available in your region, it is helpful for any bettor to have alternative payment methods. Hence, you can take a look at other options that make up for some of Qiwi’s major disadvantages.
Qiwi vs Skrill
Skrill could be considered as one of the most popular payment methods for funding an account on an online betting site. It is widely accepted by bookmakers and operates in almost any country. However, most of the time, you are not eligible for a welcome bonus when you bet on Skrill bookies. On the other hand, Qiwi bookmakers allow you to participate in almost any promotion. If you want to send your money to your bank account, fees could be up to 7.5% per transaction when using Skrill and are much higher than Qiwi.
Qiwi vs Neteller
Neteller is another famous wallet and many bookies accept payments through it. A drawback of Neteller betting sites is that players are excluded from welcome bonuses and promos most of the time. Qiwi betting sites give you a significant advantage on this since you are eligible for any new offer. Regarding any charges, deposit to your Neteller account comes with fees from 1.90% to 4.95% if you are depositing through Visa, Maestro & Mastercard and 7% through Paysafecard. If you want to send money to your bank account, fees are 2.5%.
Qiwi vs WebMoney
WebMoney is an online payment method that operates in over 40 countries and it is also famous to bettors in Russia and eastern Europe, like Qiwi. You also have eligibility for a welcome bonus or any other offer. A significant advantage of WebMoney bookies is that you have many ways to deposit on your account, depending on your region. In comparison with Qiwi, WebMoney allows you to connect your account with Sberbank and proceed with any transfer and the fees are 1.2%. On the other hand, Qiwi doesn’t allow transactions with Sberbank.
A final word on Qiwi by Book Spy
Qiwi is considered a new entry into the gambling market. Some of the biggest advantages are that it allows players an under-the-radar betting activity, easy and speedy transactions and eligibility to claim a welcome bonus on many betting sites. However, Qiwi still lacks widespread acceptance by bookmakers since it operates only in 23 countries. Supporting only 4 different currencies is also a big drawback. Moreover, some Qiwi bookmakers don’t allow withdrawals and players have to find another payment method.
To sum up, Qiwi is a payment method that doesn’t cover the needs of demanding players. Fast and safe transactions, a plastic or virtual card that can be used in numerous ways and low fees make Qiwi an attractive choice. However, the fact that it only supports the English and Russian languages makes it hard to use it but it can be a worthy choice for Russian players. Still, since some essential features are missing, I recommend other wallets such as Neteller or Skrill for professional gamblers.
Complete list of Qiwi bookmakers
Fast transactions and low fees are some of the main perks of betting with Qiwi. Feel free to check the list of Qiwi bookmakers and choose the one that best suits you.
Qiwi is one of the largest Russian wallets. Launched by the OSMP Group, it has over 200 thousand kiosks and operates in 26 countries.
Straightforward answer, yes. Qiwi has over 1 thousand kiosks in India, and 200 of them are in New Delhi. Many Indian bookies accept it as a payment method because of the low fees.
Qiwi virtual card is a product that you can order and use for online payments. It has a card number, expiration date and a CVV code. You can also connect it with Apple Pay, Google Pay or Samsung Pay.
By this time, there is no eligibility to fund your Qiwi account with any cryptocurrency. You can only deposit money to your account with your credit card, through your bank or on a Qiwi kiosk.
The answer is yes. 1xBet allows you to fund your betting account by using Qiwi. Moreover, you can proceed with a withdrawal without any fees.
For the time being, Bet365 accepts deposits or withdrawals through Qiwi only for bettors coming from Russian. Since it is a fast-growing payment method, other countries may add it too.