Choosing the right payment method can significantly impact your betting experience. For Hungarian bettors, factors like transaction speed, bank compatibility, currency support (HUF), and withdrawal times all play a crucial role. This guide compares the top payment options available at BoaBet—an MGA-licensed sportsbook—to help you find the method that best fits your betting style and preferences.
Bet with Skrill
Bet with Revolut
Bet with Neteller
Bet with Payz
Bet with Crypto
Bet with Trustly
Different bettors have different priorities. Use this comparison to identify which payment solution aligns with your needs:
| Priority | Best Choice | Why |
|---|---|---|
| Fastest Withdrawals | Cryptocurrency (XRP, ETH) | 10-30 minutes after approval |
| Maximum Privacy | Cryptocurrency / ecoVoucher | No bank statements, enhanced anonymity |
| No Registration Needed | Trustly | Uses your existing Hungarian bank login |
| Best for HUF Users | Trustly / Revolut | Direct HUF transfers, minimal conversion fees |
| Professional Bettors | Skrill / Neteller | VIP programmes with reduced fees and higher limits |
| Price Stability | Tether (USDT) | Crypto benefits without volatility risk |
| Instant ATM Access | Skrill / Neteller / Payz | Prepaid Mastercard linked to wallet balance |
When it comes to online betting, speed matters. Whether you need instant deposits to catch live odds or fast withdrawals to access your winnings, here’s how each method compares:
| Method | Deposit Speed | Withdrawal Speed | Speed Rating |
|---|---|---|---|
| Ripple (XRP) | Near-instant | 10-30 min | ⭐⭐⭐⭐⭐ |
| Ethereum (ETH) | 5-15 min | 10-30 min | ⭐⭐⭐⭐⭐ |
| Tether (USDT) | 5-15 min | 10-30 min | ⭐⭐⭐⭐⭐ |
| Skrill | Instant | 24-48 hours | ⭐⭐⭐⭐ |
| Neteller | Instant | 24-72 hours | ⭐⭐⭐⭐ |
| Payz | Instant | 24-48 hours | ⭐⭐⭐⭐ |
| Trustly | Instant | 1-3 days | ⭐⭐⭐ |
| Revolut | Instant | 1-3 days | ⭐⭐⭐ |
| Bitcoin (BTC) | 10-60 min | 10-30 min | ⭐⭐⭐ |
Note: All withdrawal times are calculated after BoaBet’s standard internal review period of up to 24 hours.
For bettors who prefer to use their existing Hungarian bank accounts without creating additional e-wallet accounts, Open Banking solutions provide the most seamless experience. Here’s the current compatibility with major Hungarian financial institutions:
| Hungarian Bank | Trustly | Revolut Transfer |
|---|---|---|
| OTP Bank | ✓ Supported | ✓ Supported |
| K&H Bank | ✓ Supported | ✓ Supported |
| Erste Bank | ✓ Supported | ✓ Supported |
| Raiffeisen Bank | ✓ Supported | ✓ Supported |
| CIB Bank | ✓ Supported | ✓ Supported |
| MKB Bank | ✓ Supported | ✓ Supported |
| UniCredit Bank | ✓ Supported | ✓ Supported |
Your ideal payment method depends on how you bet. Here are tailored recommendations based on common bettor profiles in Hungary:
If you bet occasionally for entertainment and value simplicity above all, these methods require minimal setup:
For those who prefer to keep betting activity separate from bank statements:
Professional and frequent bettors benefit most from VIP programmes that reward transaction volume:
If you’re comfortable with digital assets and prioritize speed and autonomy:
Understanding the true cost of each payment method helps you maximize your betting bankroll. While BoaBet doesn’t charge deposit or withdrawal fees, payment providers have their own fee structures:
| Method | BoaBet Fees | Provider Fees | Currency Conversion |
|---|---|---|---|
| Trustly | None | None (bank may apply) | Bank rates apply |
| Revolut | None | Plan-dependent | Free up to monthly limit |
| Skrill | None | Varies by action | 3.99% (less for VIP) |
| Neteller | None | Varies by action | 3.99% (less for VIP) |
| Payz | None | Varies by level | 2.99% (less for VIP) |
| Cryptocurrency | None | Network fees only | N/A |
Tip: If you frequently convert between HUF and EUR, consider using Revolut Premium for fee-free exchanges or reaching VIP status on e-wallets for reduced conversion rates.
All payment methods available at BoaBet meet strict security requirements. Here’s how they compare in terms of regulatory oversight and protection features:
| Method Type | Regulation | Key Security Features |
|---|---|---|
| E-Wallets | FCA (UK) | 2FA, SSL encryption, VIP account managers |
| Open Banking | Swedish FSA, PSD2 | Bank-level auth, no credential sharing |
| Digital Banking | FCA, ECB | Biometrics, disposable cards, instant alerts |
| Cryptocurrency | Blockchain-secured | Decentralized, cryptographic protection |
New users at BoaBet can claim a 125% deposit match up to 300 000 Ft (€750) plus an 8 000 Ft (€20) Free Bet. However, not all payment methods may qualify for bonus offers:
| Method | Bonus Eligibility | Notes |
|---|---|---|
| Trustly | ✓ Eligible | Full bonus available |
| Revolut | ✓ Eligible | Full bonus available |
| Payz | ✓ Eligible | Full bonus available |
| Cryptocurrency | ✓ Eligible | Full bonus available |
| Skrill | Check T&Cs | Some offers may exclude e-wallets |
| Neteller | Check T&Cs | Some offers may exclude e-wallets |
Important: Always review the specific terms and conditions of any promotion before making your first deposit to ensure your chosen payment method qualifies.
Still unsure which method to use? Answer these questions to find your ideal match:
Each payment method has its own authentication process. Here’s what to expect:
| Method | Authentication Process | Time to Complete |
|---|---|---|
| Skrill | Redirect to Skrill login → Enter credentials → Approve payment | 1-2 minutes |
| Neteller | Redirect to Neteller login → Enter credentials → Confirm amount | 1-2 minutes |
| Payz | Redirect to Payz portal → Log in → Authorize transaction | 1-2 minutes |
| Trustly | Select your bank → Log in with bank credentials → Approve via 2FA/app | 2-3 minutes |
| Revolut | Initiate transfer → Open Revolut app → Confirm with biometrics | 1-2 minutes |
| Cryptocurrency | Copy wallet address → Send from your wallet → Wait for confirmations | 5-60 minutes |
It depends on your priorities. Trustly is ideal for those who want to use their existing Hungarian bank account without registration. Cryptocurrency offers the fastest withdrawals. Skrill and Neteller are best for frequent bettors who can benefit from VIP programmes.
Trustly and Revolut typically have the lowest fees for Hungarian users since they work directly with your bank. Cryptocurrency has only network fees, which are generally low. E-wallets may charge for currency conversion, but VIP status reduces these costs significantly.
Yes. Trustly and Revolut support direct HUF transactions. E-wallets also support HUF, though currency conversion fees may apply if your betting account is in EUR.
All methods available at BoaBet are secure. E-wallets and Open Banking are regulated by the FCA and comply with PSD2. Cryptocurrency is secured by blockchain technology. BoaBet itself operates under an MGA license, adding another layer of protection.
After BoaBet’s 24-hour review period: Cryptocurrency arrives in 10-30 minutes, e-wallets take 24-72 hours, and bank transfers (Trustly/Revolut) take 1-3 business days.
Yes. BoaBet operates a closed-loop policy for security, meaning withdrawals must go to the same payment method used for deposits.