Rating Boku Betting Sites – The Complete Review
Using Boku you top-up your sports betting site account just by using your mobile phone. Most of us pay for our mobile phone bills each month by direct debit, so why not combine other purchases as well? But is the mobile banking method any good and which are the top Boku betting sites? You’ll find out in our comprehensive review.
The Top Betting Sites Where You Can Use Boku
The big disadvantage with Boku betting sites is that you will struggle to find many legal operators in the UK, in fact, out of all the recommended bookmakers we feature, only one directly accepts Boku, and that is NetBet. However, later in this review, we will share a workaround which will enable you to use the payment method at almost all online betting sites.
|Boku Bookmaker||Welcome Bonus||Min. Deposit||Max. Deposit||Odds Levels||Website|
|Betway||£30 Bonus 100% Match||£10||£5,000||Up to 98.03%||Visit Site!|
|Full T&Cs apply. *New customers only. Opt-in required. 100% Match Bonus up to £250 on 1st deposit of £20+. 50x bonus wagering applies as do weighting requirements. Credit Card, Debit Card & PayPal deposits only. Irregular gameplay may invalidate your bonus. Terms Apply|
|LV BET||£50 Bonus Deposit Match||£10||£5,000||Up to 94.56%||Visit Site!|
|Full T&Cs apply. 18+ New UK Sportsbetting customers only. Minimum deposit £10. Maximum bonus £50 Wagering 15x. bets which include at least 2 selection using minimum oddo of 1/4 each with the final odds of at least 4/5 counting towards the turnover of the wagering requirement.|
|Ladbrokes||£20 Bonus Free Bet||£5||£80,000||Up to 98.02%||Visit Site!|
|Full T&Cs apply. 18+ New UK+IRE customers only. PayPal and certain deposit types excluded. Min £5 bet within 14 days of account registration at min odds 1/2 = 4 x £5 free bets. Free bets valid for 4 days on sports, stake not returned, restrictions apply.|
|888sport||£30 Bonus 100% Match||£10||£10,000||Up to 96.77%||Visit Site!|
|Full T&Cs apply. New customers only – Minimum deposit of £10 using deposit code 30F - A qualifying bet is a ‘real money’ stake of at least £10 placed on any sports market - Minimum odds of 1/2 (1.5) - Free bets credited upon qualifying bet settlement and expire after 7 days - Free bet stakes not included in returns - Deposit method and withdrawal restrictions apply & Full T&C’s apply|
As NetBet allows you to deposit directly with the best Boku betting sites, it’s no surprise that the bookmaker tops our list of recommended bookies. The operator offers a great welcome bonus and allows you to top up your account using Boku up to a very respectable £5,000. For players on a limited budget, Ladbrokes offer the lowest deposit amount at just £5.
How Do I Use Boku When Online Betting?
Using Boku as a deposit method for betting is easy, one of the easiest we feature as it doesn’t require you to set up an account to use it. Everything you will need to do is explained clearly at the bookmakers, and the whole process shouldn’t take more than a couple of minutes to complete.
- Step 1If you don’t have an account at an online betting site, create one
- Step 2At the bookmaker access your account and access the cashier option
- Step 3Choose deposit from the cashier options and select Boku
As you can see from the table above, the only prerequisites you need is to have an online sports betting site account and a mobile phone with a sim card on any of the major networks in the UK. You don’t need to have a mobile phone contract as Boku can be used if you are on a pay-as-you-go basis. This makes Boku betting site an attractive prospect.
Depositing at Betting Sites that Accept This Payment Method
A payment method should be easy to use, and the good news is that payment sites that accept Boku, make the process just that. Whether you are a complete novice at online sports betting or an experienced punter, you’ll have no issues using Boku. We outline the process in three easy to follow steps.
- Access Cashier Section At your online sports betting site, go to the cashier section and select add funds / deposit.[1/3]
- Choose Boku Select Boku from the list of available payment options and enter your phone number when requested and deposit amount.[2/3]
- Complete the Transaction You will be directed to the Boku website and will be sent an SMS message with a unique code, you’ll need to enter this code. Once done, the transaction will be processed.[3/3]
We mentioned in our Top Betting Sites section that there is a workaround for betting sites that don’t directly accept Boku. To do this we will be using an E-wallet called Neteller and you would need to create an account with them. Once done, log-in and access the ‘Money In’ section. In the method of payment, choose ‘Boku’ and enter how much you would like to deposit followed by your mobile number. You’ll be directed to their website and once the transaction has been completed, you can use these funds at most places, including all our recommended operators.
How to Withdraw your Winnings
There is currently no way to withdraw funds using Boku which means you are going to need to use a different method to get your cash when you win. In the previous section we recommended Neteller as it allowed you to use this payment type at bookmakers that are not normally Boku betting sites. Withdrawing using Neteller is easy, just access the cashier section at the bookie and choose it when prompted and the funds will be available in your E-wallet to use later. Another alternative would be PayPal who have one of the fastest withdrawal times for any payment option we have reviewed.
Boku Fees When Using Online
Hopefully, you will agree that depositing is simple when using Boku, so you may be thinking there is a catch, and that could well be in the form of charges. However, the good news is that none of our featured bookmakers will charge you for depositing funds.
As Boku has no charges attached, the amount you deposit is the figure that will be added to your mobile phone bill, it represents great value for money. This is not the case for all payment providers, some E-wallets for example will charge a fee to top-up your account. Whilst this figure is usually small, typically about 2%, it is more expensive than using Boku, especially if you intend to make lots of transactions.
Advantages of Using Boku at Online Sports Betting Sites
In this next section, we have compiled what we have found are the top three advantages of Boku gambling sites. What puts this payment method above the many other options to you as a punter and why you should consider using it. This should help you decide if it is worth using it to gamble online.
One Bill to Pay
We will be the first to admit that we are not always the most organised of people in the world and this trait continues when it comes to keeping track of financial outgoings. Therefore, being able to combine two bills into one and ‘kill two birds with one stone’, appeals to us. The money is automatically taken out on the same date, each month via direct debit.
No Fees for Using It
No-one likes charges, especially hidden charges that are buried are hidden in pages and pages of terms and conditions. With Boku, there are no charges, and the platform is transparent and easy to use. When topping up at the best Boku betting sites, the amount you select is the amount that you will be charged via your mobile phone company.
Not Sharing Card Details
If you have ever been a victim of fraud when betting online, you will know how stressful and worrying the whole experience can be. Not only can the scammer empty your bank account or rack up charges on your credit card, there is the possibility of long-term damage to your credit score, making getting future credit more difficult. A big benefit of using Boku is not revealing your credit or debit card details.
- No Need to Share Card Details
- No Charges to Use
- Safe and Secure
- One Bill Instead of Two
- Cannot be Used for Withdrawals
- Not Widely Accepted
- Not Suitable for High Rollers
- Workaround not Eligible for Promotions
Disadvantages of Using Boku at Online Sports Betting Sites
So far, it has been good news with a lot to like about this payment method, however, no way is perfect. In this section we explore the negatives of betting sites that accept Boku. Whether these shortcomings are enough to put you off will depend on your circumstances, what is vital for one punter may be irrelevant to another, we’ll let you decide.
Few Bookmakers Accept It Directly
When you have tried and tested as many online sports betting sites as we have, you soon have favourites. It could be you like the design and functionality of one site but find you get better value at another. Therefore, it can be quite annoying when you discover that a site you prefer doesn’t accept the payment method you like. This is likely to be the case with Boku as very few bookmakers accept it.
Unable to Withdraw with It
One of the reasons we liked the idea of Boku betting was the ability to make live simple by allowing us to pay for two services with one payment. However, when it comes to winning at a Boku bookmaker, it’s not a simple process as you need to find a withdrawal method that accepts withdrawals. Having to find an alternative option will put most people off.
Safety and Security of Boku
We have already highlighted in our advantages of using Boku section how this service is great if you don’t want to share your credit or debit card details with Boku betting sites. The bookmaker doesn’t have access to your financial details , and because you are not typing those details online, they are safe from cyber criminals.
The company are also doing their bit to keep you safe and secure online. The firm have invested a mammoth $100m over ten years to create a global network that doesn’t rely on a third-party company to process transactions. They use information obtained from subsidiary companies Boku Payments and Boku Identity to build a “confidence score”, they also use information from the mobile provider to verify it is you using the service. All these measures ensure Boku betting sites are safe to use.
A Short History of The Payment Method
Initially called Vidicom, Boku started life in Chesterfield in the UK in 2003 but turned to the venture capitalists of Silicon Valley to raise funds. The company’s first product was called ‘Mobilcash’ which became Boku when it was launched in 2009. Eight years later in 2017, the company was floated on the London Stock Exchange and was valued at £125 million.
|Headquarters:||735 Battery St, San Francisco, USA|
|Regulator:||Financial Services Authority|
The company is in good shape and is increasing its workforce by 10% each year and currently employs 175 staff. Boku received additional funding of $13.8m in 2016 and has provided services to the likes of Apple, Google, Facebook, Microsoft, Spotify and Sony. The company is expecting growth rates to continue as it taps into a market with a potential user base of billions.
Are There Better Options?
We are almost at the end of our review of Boku and you will probably by now have a good idea if this payment method suits your needs. However, before you take the plunge, we have a couple of alternatives for you to consider.
We felt a big weakness was the lack of Boku betting sites that are available with only NetBet directly offering to accept it, if this is a problem, we suggest using Mastercard or Visa as these are universally accepted at bookmakers. A strength was not sharing financial details, you could consider PayPal who enable you to top up using your bank account without revealing your details.
Is Boku Gambling Recommended?
As our mobile phones are never very far from our sides, Boku is an intriguing product. For depositing, there are few payment methods that are quicker with transactions taking place almost instantly. We also like the security of this payment option, keeping our financial information safe is a strength when using betting sites that accept Boku.
WHY NETBET IS GREAT FOR BOKU BETTORS Many Different Markets Unique Promotions Easy to use Competitive odds Read our Netbet Review
However, the simple answer to the question of whether we recommend Boku gambling is no. The lack of top betting sites that directly accept the payment method frustrates us and in a very saturated market, you could be missing out on the various promotions on offer. It is however the lack of a withdrawal option that is the real deal breaker, needing a separate option to access your winnings makes Boku little more than a novelty. Boku is a great idea, nicely done, but there are better options for the average punter.
Frequently Asked Questions
We have tried to make our guide to Boku betting as comprehensive as possible and to help us achieve that, we have searched the internet to find out what questions are being asked by punters like you. In this section we cover the frequently asked questions and you’ll find our answers below.
Are There Any Changes for Using Boku?
There are no fees for depositing at bookies that accept Boku. The amount you deposit at the bookie will be the total amount added to your mobile phone bill or deducted from your pay-as-you-go balance. You can check out our section on fees for more information.
I Already Have a Sports Betting Account, but it Doesn’t Accept Boku?
There is only one bookmaker that we have found that directly accepts Boku and that is Netbet, there is however a way to use an E-wallet which can be topped up with Boku. You can find full details in our Neteller workaround section.
I Only Have a PAYG Phone, Can I Still Use Boku?
Yes, you can, once you use Boku at an online sports betting site the amount is deducted from the balance on the phone account at the time of the transaction. If you do not have enough funds, your transaction will be declined. You can find more information in our how to use section.