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Finland Sports Betting Banking Methods

You want to get started betting on sports, horses or greyhounds, but want to learn about the best services available to deposit and withdraw funds from your sportsbook account.  I’ve outlined the kinds of banking methods below and the most accepted  methods within each category for service in Finland.  You will see that the most popular methods are generally available across each of the sportsbooks.  If you are interested in understanding the transaction size limits for each method, these vary by sportsbook.  In other words, the limit for Neteller will be different at each sportsbook.  Below this first section about the banking types and the respective companies in each category, I show you which methods are accepted by each sportsbook and the betting account currencies that are offered.  Note that each method may only support certain currencies.  To find the banking methods by site, click to read the individual site reviews.

Credit Cards like Visa and MasterCard are accepted by every betting site in my list for Finnish bettors.  Depending on your credit card company, your deposit may be treated with sportsbooks as cash advances, not purchases.  This means that your transaction may be eligible for interest charges from the moment of the transaction.  Check to see if this is in fact the case with your particular card if you wish to avoid these interest charges.  Maestro and Visa Debit and Visa Electron are considered “debit” solutions which allow you to debit funds from your associated bank account, which avoids interest charges.  

Credit cards, debit cards and prepaid card solutions

E-wallet solution providers

Bank transfer solutions

Prepaid vouchers and cards

Bitcoin via Blockchain

Bitcoin is its own currency.  But given how Bitcoins are transferred, they can be used as payment toward other currencies like US Dollars or Euros at betting sites.  You don’t bet in Bitcoin, you get the equivalent exchanged value of your Bitcoin amount in betting currency of your account.  

paysafecard is a prepaid voucher or card that is available from local retail locations in Finland.  To deposit funds, users enter a 16-digit PIN from the card and the value from the card is then transferred to the betting site.  You many combine up to 10 card PINs at any one time for use at your betting site of choice.  When it comes time for a withdrawal from your account, you will need to supply a method for payment, usually a bank account for a transfer.

If you want to transfer funds from your bank account directly from Finland most betting sites will accept this.  It is usually the best method for those that wish to transfer very large sums.  In other words, it can be best for VIP bettors that play big.  If you prefer a little more privacy, you may prefer the safety of e-wallets or paysafecard.  With e-wallets, money can be controlled in the e-wallet so that payments from your bank or card are not listed as going directly to a betting site.  Some sites also accept the popular bank debit solution, Trustly.

PayPal, Skrill, Neteller, EcoPayz and Much Better are some of the names you may have heard for online payments and transfers.  These are often referred to as e-wallets.  With them, you can link a credit card or bank account as a funding source to deposit money into your sports betting account, or conversely, use them to withdraw winnings.  

The benefit of these e-wallet providers is that they allow you to move money electronically for very low fees, in very little time.  Depositing money is nearly instantaneous, and withdrawals are often processed within 24 hours at most betting sites.  They also provide a layer of insulation between the betting site and your funding source like your bank, making them a safe banking option.  Once the money is in or funding source is attached, only the e-wallet, you and the recipient of funds will know about your transaction details.  An additional benefit of some of these e-wallets is their ability to allow you to access their service from your smartphone or mobile device.