The recommendations, review and ratings you find on topbettingsites.co.uk are all constructed by our independent team of authors and are solely our own. We pride ourselves on the accuracy of information provided and do our best to keep all content as up to date as possible. We are compensated for any traffic we refer to the bookmakers we review.

Best Klarna Betting Sites

KlarnaFormerly known as Sofort, Klarna is primarily a mainland European payment service. It’s spreading rapidly, however, and has also made inroads into the online gambling field.

Right here on this page you can learn which sites accept Klarna for deposits and withdrawals. What’s more, we’re going to teach you how Klarna works for betting and which punters are able to use it.

Betting Sites That Accept Klarna

18+ begambleaware.org. New customers only. Min deposit £10. Money back as bonus if first bet loses. Wagering requirements: sportsbook 3x at min. odds of 1.40 (2/5), casino 35x. Unless forfeited the sportsbook bonus must be wagered before using the casino bonus. Bonus expires 7 days after opt-in. No deposit required for NI customers. Call 08081699314 to claim. Full T&Cs apply #AD.
New customers using Promo code H30 only, Min £10/€10 stake, min odds 1/2, free bets paid as 2 x £15/€15, free bets credited after settlement of first qualifying bet, free bets will expire 30 days after the qualifying bet is placed, payment method/player/country restrictions apply. T&C's apply.
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. 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 balance is available for withdrawal at any time. General deposit method & withdrawal restrictions apply & full T&C’s apply.

Deposits, Withdrawals & Time Scales

Bookmaker Deposit Withdraw Min Max
Unibet Instant Bank Transfer £5 £10,000
williamhill Instant Bank Transfer £10 £5,000
Betfair Instant Bank Transfer £5 £5,000
888Sport Instant Bank Transfer £10 £10,000

Best Klarna Betting Sites & Why:

The following is a list of the best Klarna betting sites and why:

  1. Unibet – sign up and regular bonuses.
  2. Willaim Hill – good bonus, solid reputation.
  3. Betfair – worlds leading betting exchange
  4. 888Sport – one of the best new bookmakers

How To Use Klarna For Online Betting

Where and when it’s possible to use Klarna for online betting, the process is quite simple. Before we get to that, however, it’s important to talk a little about what Klarna is and where it’s available.

The first step to explaining those issues is to discuss Klarna as a company, and the services it provides. These differ, after all, based on where you sign up to and use the platform from.

What is Klarna & What Does it Do?

Klarna was founded in Stockholm in 2005 by the Swedish bank of the same name. Their idea was to create a payment solution that made it easier to shop online. In Sweden and other mainland European countries, Klarna offers three main features to that end.

The first of those functions is ‘Klarna Pay Later’. This allows users to complete transactions online, even when they don’t have the full funds on hand at the time. Instead of paying a merchant or organisation upfront, they pay Klarna the balance at a later date. That’s usually after either 14 or 30 days.

Klarna’s second major feature is ‘Klarna Split It’. The premise is similar to ‘Pay Later’. Users still get to delay payment for an online transaction. In this case, though, they can ‘split’ their repayment up into instalments. Those instalments get spread over a longer term payment plan.

Klarna Pay NowThe third and final of Klarna’s principal features is ‘Klarna Instant Banking’. This function became available to Klarna users from 2014. That’s when the Swedish firm acquired German company Sofort. With ‘Klarna Instant Banking’, users make instant bank transfers via a Klarna account.

That means Klarna users can make a purchase or transfer funds online from their bank account. All without sharing their bank account details. With any organisation other than Klarna, that is. It’s this branch of the Klarna service that some betting sites accept as a payment method.

To date – and unsurprisingly – bookies aren’t keen on punters making deposits they don’t have to pay for until later.

Depositing to a Betting Account Via Klarna

It’s only where Klarna Instant Banking is available that you can use the service for online betting. That particular feature is not yet offered to UK-based Klarna users. They can only benefit from the firm’s deferred payment features for online purchases.

Klarna Instant Banking is more widely available elsewhere in Europe. That includes in Austria and Germany. These were the countries where previous company Sofort was most popular. It was Klarna’s acquisition of Sofort which added the instant banking feature.

Where Klarna Instant Banking is available, depositing to a betting site is quick and easy. Assuming the site accepts Klarna deposits. All you do is…

  1. Head to the site, log in to your account, and head to the ‘Deposit’ or ‘Cashier’ area.
  2. You’ll then be able to select ‘Klarna’ from a list of possible payment methods. You should note, though, that some bookies will list the alternative as ‘Sofort by Klarna’ or ‘Sofort’. That’s in spite of the fact that Sofort got absorbed by Klarna and renamed some six years ago.
  3. Once you’ve selected Klarna, input your desired deposit amount and confirm. This will redirect you to the Klarna website or app. Once there, you can either select an already linked bank account or add details of a new account. That depends on from which account you wish to make the transfer.
  4. You’ll then get transferred to the relevant online banking site. Log in to your chosen bank account and confirm your payment. When you’ve done that, your funds will appear in your betting account and be ready to bet with.

Why Use Klarna

Speed

Once you’ve set up a Klarna account and linked your bank account, deposits are quick and simple. All you do is choose how much you want to deposit and then confirm through both Klarna and your online bank.

Security

The beauty of using Klarna for online betting is that you don’t have to give betting sites your bank details. You can move funds direct from your bank account without sharing account information. The transaction gets protected by your online bank’s cybersecurity measures.

Anonymity

Like an e-wallet, Klarna provides a buffer between your betting accounts and your bank account. When you transfer via Klarna, the name of your chosen bookie or betting site won’t show up on your bank statement.

Convenience

Klarna isn’t only for online betting. You can use it for all your online purchases. That makes keeping track of overall spending much simpler. Over 200,000 retailers around the world support Klarna as a payment method.

Who Is Klarna? Can They be Trusted?

Klarna – the online payment service – has been around for 15 years. It’s part of the Klarna Group, owned and operated by Klarna Bank AB. That’s one of Europe’s largest banks, which provides payment solutions to more than 85,000 consumers.

Approximately 205,000 different merchants support Klarna for payments at their online checkouts. Those retailers are spread across 17 countries. It’s fair to say, therefore, that Klarna is a significant and a robust company. If you can’t trust them with your online payments, you can’t trust anybody.

Klarna Timeline

Timeline

2005

The Klarna online payment solution launches in order to make online shopping easier.

2010

Klarna first spreads beyond the borders of its native Sweden. The service rolls out to Norway, Finland, Denmark, Germany, and the Netherlands.

2011

The company acquires Israeli firm, Analyzd. The founders of which had previously worked for PayPal.

2014

Klarna acquires successful instant banking company, Sofort. This forms the Klarna Group. The group continues to offer Sofort’s services to users, but as Klarna Instant Banking.

2015

Klarna launches in the USA. The country gets pinpointed as Klarna’s principle focus for future growth.

2020

In 2020, Klarna has over 85 million customers spread across 17 nations. They employ 2500 people and own a 10% share of the ecommerce market in Northern Europe.

Klarna Betting FAQs

Who Can Use Klarna For Online Betting?
Klarna users where the firm offers ‘Klarna Instant Banking’ can use it for online betting. It’s that feature that some betting sites and bookmakers accept as a means of depositing funds. Klarna Instant Banking is available in most of the mainland European territories in which the company operates.
Can I Deposit Using the Klarna Pay Later Service?
The main element of the Klarna payment platform is their Pay Later service. That lets users defer payment for purchase made online. Betting sites don’t accept this strand of the Klarna service for deposits. It would go against the tenets of responsible gambling to let people bet with funds they may not have.
Are There Fees Attached to Klarna Deposits?
Most bookmakers and betting sites who accept Klarna, don’t charge fees on Klarna deposits. It’s also free to use Klarna in some countries, for some services. The best way to know for certain what charges you may incur is to check out the Klarna website for your home country.
Is Klarna Likely to Get Made Available to UK Punters?
This is tough to know for certain. Klarna is still a company on the up, and are looking to keep expanding around the world. It was only relatively recently that they started offering their Pay Later service in the UK. It’s perfectly possible that they may in future also roll out Klarna Instant Banking. If they do, betting sites that accept Klarna as a payment method in Europe may also expand their acceptance to UK punters.
Are Klarna and Sofort the Same?
Sofort was a successful and popular German instant banking service. In 2014, Klarna took over Sofort and absorbed the platform into the Klarna Group. The firm continue to offer the Sofort service, but under the name Klarna Instant Banking.