Boku is a mobile online betting payment method that allows users to pay directly through their phone bill, established in the UK in 2011. Designed right from the beginning as a payment option for punters and casino enthusiasts, Boku rapidly grew in popularity. Furthermore, through the partnerships made with the likes of Google, Apple, Facebook, or Spotify, the British online payment method became available at more and more bookmakers.
Since it offers the possibility of paying directly from their phone, with no extra accounts needed, or another set of credentials, Boku was rapidly embraced by punters in the UK but in other countries as well. The increased security and anonymity it offers, are two other attributes that make Boku a very promising payment option for online betting enthusiasts.
If it already sounds like a payment method you’d like to try for your next deposit, check out all the details about Boku in the exhaustive review put together by our experts.
You probably noticed that some payment methods are excepted when it comes to claiming the first deposit bonus in some bookmakers. If you ever wondered why things are like that, you should know it’s a matter of the sportsbooks trying to limit bonus abusing. Ewallets like Neteller or PayPal that can be created easily and used without proper identity verification, are used by what’s referred to in the iGaming world as “bonus abusers” to take advantage of the welcome bonuses offered by bookmakers. So, to prevent that, most of them put this line in their Terms and Conditions, to underline that certain payment methods won’t make the punters eligible for the first deposit bonus.
Luckily though, Boku isn’t one of those payment options that are associated with bonus abusing or any similar practice. So, you won’t have any issues enjoying the first deposit bonuses and all other rewards the bookmakers designed for their players. As long as your account qualifies for a certain bonus, depositing with Boku will allow you to claim it with no problems.
Depositing with Trustly at online bookmakers is one of the simplest and straightforward procedures you’ve ever encountered for topping up your account. We’re going to cover the process of making a deposit via Boku step-by-step considering that you already decided on the bookmaker you want to bet at. If that’s not the case, check out some top Boku online bookmakers on this page.
So, here’s what you should do to make a successful Boku deposit:
The minimum deposit accepted by most online bookmakers when making a Boku deposit is €10. However, sportsbooks can decide on a different minimum amount. The payment is instantly processed once you reply to the SMS and there are no fees applied by the bookies. The maximum deposit amount via Boku sits at €30, which is quite low for high-rollers but just enough for casual players.
Here’s where one of the downsides of Boku becomes evident. Since it’s a payment option that uses your phone bill or balance, it can’t be used for withdrawals. There’s no system in place to receive payments via Boku so you need to find other options for cashing out. Ewallets such as Skrill, PayPal, or Neteller are the most popular among punters since they’re fast and have low or no fees.
If in the previous paragraph we exposed one of the major disadvantages of Boku, it’s time to check out a big plus for this payment option. You don’t have to sign up to use it. All you need is your phone number and a subscription to one of the mobile carriers that collaborate with Boku. Vodafone, O2, and EE are the mobile carriers that allow Boku payments right now in the UK. Around the world, there are over 173 mobile carriers that partnered with Boku.
With no extra account needed, no new set of credentials, or an extra step in the way, you can use Boku straight away to make an instant deposit and enjoy your favorite bets.
Another bright side of using Boku for online betting payments comes from not having to verify your account. There’s no account to verify. Also, all the verification is done when you apply for a mobile carrier plan so there’s no need to provide any documents to verify your identity.
There’s absolutely no fee to worry about when depositing with Boku. The only supplementary cost is the price of the confirmation SMS. However, the plans available nowadays include thousands of SMS messages so there’s nothing to worry about. Furthermore, even if you have to pay for the SMS, some bookmakers will cover that cost for you.
What is now known as Boku started as Vidicom Ltd in Derbyshire, the United Kingdom in 2003. The application developed by Vidicom was called Mobilcash and it aimed of delivering a similar service as what Boku delivers today. In 2009 it incorporated Boku inc, a company from Delaware, and also changed the name to Boku. The company was listed on the London Stock exchange on November 2017 and is available in over 50 countries with partnerships with over 173 mobile carriers.
When talking about main markets, we can say that Boku has a strong presence in London, the US, Singapore, Germany, India, and France. They also have offices in all the countries mentioned above so that’s another reason to believe they have special interest in those markets.