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Russia Sports Betting Banking Methods

You want to get started betting on the sports you love, but want to learn about the best services available to deposit and withdraw funds from your sportsbook account.  I’ve outlined the different types of banking methods below.  The most accepted methods within each category are available for use in Russia.  You will see that the most popular methods are generally available across each of the sportsbooks.  If you are interested in understanding the transaction size limits for each method, these vary by sportsbook.  In other words the limit for Neteller will be different at each sportsbook.  I cover this on my page regarding high limit Russia sports betting.  Note that whatever method you use to fund your account, if you need to exchange currencies, ensure you set things to only do this once.  In other words, DO NOT take Ruble credit card to fund an e-wallet in Euros, and then use the Euro e-wallet to fund a USD sportsbook account.  Ensure that at most, you go between only two currencies.

Credit cards, debit cards and prepaid credit card solutions

E-wallet solution providers for Russia

Bank debit and transfer solutions

MarathonBet  Russia Banking Methods

MarathonBet offers RUB accounts. Cards, Neteller, EcoPayz, Moneta and Qiwi can fund your account in Rubles there.

Go!

Credit Cards like Visa and MasterCard are accepted by every sportsbook in my list.  Depending on your credit card company, your deposit may be treated with sportsbooks as cash advances, not purchases.  This means that your transaction may be eligible for interest charges from the moment of the transaction.  Check to see if this is in fact the case with your particular card if you wish to avoid these interest charges.  Maestro and Visa Debit and Visa Electron are considered “debit” solutions which allow you to debit funds from your associated bank account, which avoids interest charges. Note that Rubles credit cards are available to fund some Ruble betting accounts directly, or to fund betting accounts in other currencies.  This varies from sportsbook to sportsbook.


Skrill (and Skrill One-Tap), Neteller, Moneta, Qiwi Wallet, WebMoney and EcoPayz are some of the names you may have heard for online payments and transfers.  These are often referred to as e-wallets.  With them, you can link a credit card or bank account as a funding source to deposit money into your sportsbook account, or conversely, use them to withdraw winnings.  EcoPayz, Qiwi Wallet, Moneta, WebMoney and Neteller offer Russian Ruble balances to complement your Ruble sportsbook account so you may avoid exchange fees, but also offer accounts in other currencies.  Skrill is available in Russia, but in other currencies.

The benefit of these e-wallet providers is that they allow you to move money electronically for very low fees, in very little time.  Depositing money is nearly instantaneous, and withdrawals are often processed within 48 hours at most sportsbooks, sometimes, within 24 hours.  

An additional benefit of some of these e-wallets is their ability to allow you to access their service from your smartphone or mobile device.  Additionally, most of these e-wallet providers allow for transaction sizes large enough to accommodate the needs of almost every bettor.  Paypal, the most popular e-wallet service in the world is unavailable for sportsbook or gambling usage from Russia.

Regardless of your choice of e-wallet or your base currency, ensure the name on your e-wallet account matches the name on your betting account.  The sportsbook requires this for security reasons.  Where possible try to use the same currency for your e-wallet and sportsbook accounts to avoid currency exchange fees.vvvv

If you want to use funds from your bank account directly, there are several options from Russia:

Bank Wire Transfers are available at most sportsbooks and in almost every country of the world for transfer to sportsbooks.  Wire transfers may take a little longer to settle as a transaction but this method generally allows for extremely high limits and is thus very good for high rollers.