How To Pay By Mobile For Sports BettingJuly 19, 2018 9:00 am
Funding your online betting account is, lets face it, not the best part of the betting experience. For one thing, even if you feel sure you’ll be winning it back pretty soon, it’s irritating to see that money drain out of your account and into the mitts of Messrs Power, Hill or whoever you bet with.
It can also be a pain in the bum, especially when you’re setting up a new account. Enter the long card number, re-enter your Paypal password.
Password Incorrect… Click here to reset password… Enter new password… New password can’t be the same as old password.
There is another way though. It’s relatively new, and as such is not accepted by many sites – at least not directly, more on that later. But it could make the whole business of topping up your account a little less painful…
We’re talking about Boku and it allows you to deposit to your sports betting account via your mobile phone bill.
List of Betting Sites Accepting Boku
How To Use Boku
Boku is very simple, though it does take a little bit of time to set up the first time that you do it. Here is the very simple guide to using Boku:
- If you want to use Boku to deposit via your phone bill you’ll need a Boylesports account – click here to open one.
- Log in to your Boylesports account. Go to the deposit funds screen as you normally would. Once there, instead of selecting your card details or the PayPal login button, instead click on the Boku button.
- The next screen will have a deposit amount and a box to enter your mobile phone number. Enter the amount you want to deposit (noting there is a £30 per day limit) then enter your phone number.
- You will be sent a verification code by text message. Enter this into the verification code box on the website when prompted.
- Hey presto – you have just used your mobile to fund your betting account. Is this not a magical age we live in?
How To Use Boku At More Betting Sites
Now, as I said above there are very few bookies who accept direct payment via Boku at the moment – though I expect that situation will change over time. Until then however you can still use Boku with the big sites like Bet365 and Paddy Power, you just have to be a little clever about it.
What you need is a middleman.
- Check that the site you want to use accepts payment via Neteller account (most of them do)
- Set up a Neteller account. You’ll notice this company does accept payment via Boku. Set up your Neteller account so you can pay money into it via Boku (it will require a verification text message process as described above).
- Once the money has appeared, log into your betting account and transfer the money from Neteller into your bookie account.
- All done – just bare in mind that Neteller charge a small fee for this service.
Who & What is Boku
Boku is a mobile payments platform with its headquarters in San Francisco. It was founded in 2009 with the express purpose of providing a way for people to pay for stuff with their mobile phones.
Despite it’s stupid name, Boku is a serious business and you don’t need to worry too much about giving them your details. They floated on the London Stock Exchange toward the end of 2017 and as a company are valued at around £125 million.
They work by paying for services using your phone bill. So if you deposit £10 into your bookie account with Baku, the money is simply added to your mobile bill – the same as if you sent £10 worth of text messages for example.
Come phone bill time, you will pay your normal bill plus £10 will be added to cover your payment via Boku.
Depositing & Withdrawing
Deposit Limit: £30 per day.
Fees: None however if you have to use a middleman like Neteller they will take a small slice of your money for their trouble. Also a bad name by the way, why are these Internet nerds to bad at naming their companies?
Withdrawing: Sorry, like a twig on the shoulders of a mighty stream your notes are only going in one direction. There is no way to withdraw money back through Baku. You can withdraw the money from your bookie account via another method though.
Boku Pro’s & Cons
When it comes to Baku then, there are some good and some bad things, such as:
- Fast – Once it’s all set up, it’s crazy fast. Log in, enter deposit amount, done. Speed really is the biggest pro of this system.
- Safe – There is no need to ever enter your card or bank details, making it a safer way to pay.
- Controlled Spending – The £30 a day limit could actually be pretty useful if you’re trying to limit how much you spend on gambling per week.
- No Debit/Credit Card Needed – Boku can be useful for people who want an online account but don’t have a credit or debit card.
- Deposit Limit – On the other hand, £30 may not be enough for some people.
- Not Accepted Everywhere – Like we said this will likely change over time, but at the moment it’s a bit of a pain, especially if you already have an account with one of the big boys.
- Don’t forget – Because the money is only actually going to be taken from you via your phone bill, it can be easy to forget you’ve spent it – until the phone bill comes and it’s much higher than you expected!