Online bookmakers and betting sites are always looking for ways to make their services more accessible to a greater number of potential users. To that end, some bookies have now started accepting Boku, a modern mobile payments platform, as a deposit method.
In this guide I’m going to show you the best Boku accepting betting sites and, for those who don’t already know, explain what Boku and depositing via your mobile phone bill is all about.
Top Boku Betting Sites
What Is Boku
Boku is a mobile payment platform, which allows users to pay for goods and services using only their mobile phone number/bill. That type of mobile payment is known as carrier billing and simply adds the cost of purchases to a user’s monthly telephone bill in the same way as charges for certain phone calls or the use of additional data would be billed.
How Does It Work?
Carrier billing, as provided by Boku, allows customers without a bank account or credit card – or who don’t wish to use their account or card online – to make purchases online using only their mobile phone. A large number of merchants and online service providers now accept Boku as a payment method (or deposit option in the case of online betting) and most major mobile phone carriers also work with Boku.
Where it is offered as an option by a merchant, a consumer can select it in the same way as they might choose the ‘Pay by Card’ or ‘Pay by PayPal’ option.
Then, instead of entering traditional payment or financial details, they can simply enter their mobile phone number when and where prompted. Assuming their mobile phone carrier is affiliated with Boku – many of the major ones are – they will then receive a text asking them to verify their identity. Once they’ve done that, their transaction is complete and the cost of that transaction will be added to their next monthly phone bill along with call charges and other payments.
Boku Deposits At Neteller
Boku is a comparatively new deposit method and as such is only currently offered by a small handful of online betting sites. There is a relatively simple way, however, of essentially using Boku to deposit to a much wider range of betting sites. That can be achieved by using e-wallet service Neteller as a kind of go-between.
Neteller allows users to deposit to their e-wallets via Boku and the vast majority of online betting sites allow deposits via Neteller. To deposit to a betting site which doesn’t directly accept Boku, therefore, a punter can fund a Neteller account via the mobile payment service and then deposit to their chosen betting site from that Neteller account.
Top 3 Neteller Accepted Bookmakers:
*Listings accurate as of 21-09-2018 (UK market).
Pros & Cons
As is the case with any and every potential deposit method, there are both pros and cons to using Boku for depositing to an online betting site. The main examples of each are as follows:
- You can deposit to an online betting site without giving that site credit card, debit card or other sensitive financial details.
- Depositing via Boku is available to anyone with a mobile phone contract.
- Boku deposits can be completed quickly and easily, whether you’re at home or on the move (assuming you have your phone with you).
- When depositing to gambling sites via Boku, the amount you can deposit per week is automatically limited. This is a good way to keep in control of gambling expenditure.
- Boku is quite a new way of depositing to online betting sites and as such there are still currently only a handful of sites who offer the option. There is, however, a little workaround which we will discuss below.
- If you want to deposit large amounts, then the limits imposed by Boku will make other deposit options more suitable.
- Certain welcome offers and bonuses are not available to punters who deposit via Boku.
- There is currently no mechanism by which to withdraw funds or winnings via Boku. You will need to link a PayPal, other e-wallet or bank account to your betting account in order to make a withdrawal.
Company History – Where Did Boku Come From?
2009 – Boku was founded in the US by Mark Britto, Ron Hirson and Erich Ringewald. The company acquired UK firms, Mobillcash and Paymo, and launched their Boku Checkout payment platform.
2012 – The company acquired Indian carrier billing company, Qubecell.
2013 – Boku partnered with Sony Playstation, allowing people for the first time to purchase games, movies and TV shows via their mobile phone.
2014 – Boku solidified their position in the PC gaming field by acquiring principle rivals, Mopay.
2015 – Boku rolled out their Boku Account product worldwide.
2016 – Boku Acquire, a third different product, was launched.
2017 – Over $1 billion worth of payments were handled by the company in a single year.
Can You Withdraw Using Boku?
Unfortunately, there is currently no mechanism by which to withdraw funds from an online betting account by using Boku. If you deposit via the method, you will have to set up a withdrawal method using an e-wallet or by linking your bank account to the betting site.
How Quick Are Deposits?
One of the main benefits of using Boku to deposit funds to an online betting account, is the fact that it is really quick and easy. The actual process of making a deposit involves only choosing Boku as your desired payment method, entering the amount of deposit and your phone number and then verifying your identity via a text message.
It, therefore, takes an absolute maximum of just a couple of minutes. Once that process is completed, too, your deposited funds will appear in your betting account pretty much instantly.
Which Mobile Companies Use Boku?
Whilst Boku is comparatively new to the online betting world, it has been around as a carrier billing platform for a little while. As a result, many major mobile companies are already affiliated with and support Boku. Those include, but are by no means limited to, Vodafone, O2 and T-Mobile.
Are There Any Fees?
Another major benefit of depositing to an online betting site using Boku is that there are no transaction fees applied to doing so. If you fund a Neteller account via Boku – in order to make a deposit to an online betting site which doesn’t directly accept the mobile payment service – though there will be a small charge applied. The size of that charge will depend on both your provider and the currency you use.
Why Don’t More Bookmakers Accept Boku?
The simple answer to this question is that Boku is a relatively new idea. Not all online betting sites and bookmakers, therefore, have yet recognised its appeal to punters. It seems almost certain, however, that the deposit method will be adopted by more and more bookmakers as the months and years roll on.
Are There Any Similar Services?
Boku is by no means the only carrier billing company in the world. Other similar services are provided by companies such as Bango, Fortumo and Text2pay. It’s fair to say, however, that Boku has the greatest reach of any of those companies and is currently the only such company to have begun to make a mark in the online betting industry.