What is Boku Payment System and how it works- Complete Guide

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Boku is a mobile payment provider with an excellent reputation for facilitating bettors with fast and secure deposits to their betting accounts. This Boku betting guide will discuss Boku, also the best and recommended betting sites that accept Boku, and what it offers us, bettors.

Swedish regulator clarifies new sports betting restrictions

So why was the Boku payment system so successful? Like electronic wallets, such as Debit/Credit Cards, PayPal and Skrill, Boku saves you the trouble of revealing your bank details to your bookmaker. The difference between e-wallets and Boku mentioned above is that players do not pay through their bank account but their monthly phone bill or existing credit. You only need a mobile number to use it. In a world where convenience is valued above all else, it is easy to see why Boku has performed so well.

Benefits of betting on Boku

There are several good reasons to use Boku for betting. Here are the main ones.

  1. It is completely free

The Boku best things in life are free, and it does not cost a single penny to create an account with Boku or use their services. In addition, they will never charge a transaction fee "Woww," so you will not waste a dime moving your funds unless sports betting does.

  1. None of these Mumbo Jumbo inscriptions

Everything you do today requires registration, but that's not the case at Boku. It is therefore not necessary to memorize the connection information. All you have to do is only provide your cell phone number and you are good to go.

  1. Your contact details remain personal

There is no chance that your bank details will be stolen and used. Do you know why? Because you never share them with the betting site. The only information you share is your mobile number, which will be of no use to anyone who gets his or her hands on it.

  1. Verification of the text message

Even if someone tries to make a payment using your cell phone number, they still will not be able to. Indeed, it must be authenticated by SMS for a Boku payment to be processed, which only you can do.

  1. Play now, pay later

Boku is as convenient as it gets. You can deposit funds directly into your sports betting account and settle the bill later.

Disadvantages of using Boku

Of course, here we want to give you the complete picture here. There are a few downsides to using Boku that we should discuss.

  • Deposit Limits: Boku is not suitable for remote high players as it is designed for small transactions. Bettors cannot deposit more than $ 50 per day using this payment method which is a limitation.
  • No withdrawal: you will not be able to use Boku as a withdrawal method. You will need to find another way to cash in your funds.

How to deposit funds with Boku

There are only two ways to deposit on a Boku account, which will depend on whether the bookmaker offers it directly as a payment method or not. Let's explain ourselves.

In cases where Boku is offered as a payment method, such as at BoyleSports, making a deposit is very straightforward.

  1. Log in to your account and click deposit to list your options.
  1. Select Boku and enter the amount you want to add.
  2. Once you have confirmed, you will be taken to the Boku website, where you will enter your cell phone number and click "Buy."
  1. Finally, you will receive an SMS on your mobile asking to confirm the transaction. Respond to the text with "Y," and your deposit will be processed instantly.

Unfortunately, the option to use Boku directly is not as commonly offered as we would like, but there is a way around the problem by using NETELLER, one of the more well-known e-wallets. All players must make a Boku deposit to their NETELLER e-wallet and use this payment method to fund their betting accounts. Since most sportsbooks offer NETELLER extensively, you will always have the option of reloading through Boku.

The biggest problem is that, unlike Boku, many bookies do not allow you to claim their welcome bonus if you deposit through NETELLER. Go through the prize terms and conditions to find out if this is the case and if so, try using an alternate deposit method to ensure you don't miss a thing.

Alternatives to betting on Boku 

  1. Debit/credit cards

Credit/Debit cards consider as the most popular payment method in online sports betting. Most casinos accept Visa and MasterCard as payment methods. Others may accept American Express and Discover cards.

Credit and debit cards are super-fast, secure and reliable. It has been around for a long time and its convenience is hard to dispute. They do not involve any third party. Even though debit & credit card options are limited at most casinos, the most prominent sports betting companies offer them.

  1. Stable Cryptocurrencies Coins

Cryptocurrencies have become a popular payment method for online betting—the safest and fastest way to transfer funds to a player's account. Additionally, Altcoins promote secure payments using blockchain technology.

  1. Skrill

Skrill allows players to connect their bank or debit/card accounts. Therefore, for example, you can fund your sports betting bill by simply choosing it as the available payment method.

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