Welcome to the currency section of PuntersPoint.com. In this section of the site you’ll find a list of country restrictions at different betting sites and a list of currency you can use to bet with.
Obviously if you have to change the currency you’re gambling with then things can get a little confusing, hopefully this table will put pay to that confusion. All the sites recommended in the table below are based on our detailed betting reviews with only the top sites listed.
Working out Exchange Rates
If you find yourself in a position where the currency you want to use isn’t supported by any online bookmaker then the likelihood is that you’ll end up having to bet using British Pounds, Euros or US Dollars. You’ll still be able to deposit but when you do your money will be converted (assuming your country isn’t on the restricted countries list at the site in question).
Before you do deposit find out which currency you cash will be converted into and then I suggest you use XE.com to find out what your exchange rate is and how much you’ll get for your deposit. You can even refer back to XE when making bets to make sure the amount of cash you’ve staked is the correct equivalent to the amount you intended.
Unfortunately you will lose out when your deposit has to be converted as often the rate given to you by the site you are using won’t be comparative to the best rate on the market at that time. There isn’t much you can do about this. If you want to bet online then you’re going to have to accept that you will lose a small sum when you deposit and withdraw in the conversion. This being said most sites won’t rip you off here they’ll just charge enough of a lower rate to cover their own costs.
A Word About Free Bets
Another thing to note is the free bets available at online gambling sites often change depending on the currency you use to deposit so be sure to check this out before you fund your account. If you look at my Bet365 review for example you’ll see they offer a £200 deposit bonus to customers. It would be no good offering a 200 Rupee free bet to customers as it’s just no where near the same offer.
Banking Options and Different Currencies
You are going to find that your deposit options change vastly based on what currency you want to use at your selected site. Again there’s nothing you can do about this and you’ll even find that deposit options change on a site by site basis as well as a currency by currency basis.
I usually recommend that you use a credit card or debit card if possible as these are easily the most convenient way to get money in and out of any betting account. Should you not be able to deposit using a credit or debit card then often it’s worth opening an account with an online e-wallet. Neteller, Skrill and PayPal are the main players in this industry with Click2Buy and Entropay also valid options.