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Russian Ruble Sports Betting
Most people in Russia that are interested in sports betting, being able to deposit, wager and withdraw Rubles should be a priority. This is especially the case due to the recent wild swings in value of the Russian Ruble against other world currencies. When you get to maintain the Ruble all throughout this cycle, you avoid the potential losses due to currency exchange fees and fluctuations.
With such wild swings in the Ruble value, you are not only open to simply paying the exchange fee that will amount to 2% to 5% of your transacted amount, but if the value of the Ruble swings back up while you’ve transferred your funds into a Euro balance for example, you will not be able to buy as many Rubles with your Euro balance when you are ready to withdraw your money.
While sports betting is done for fun and your enjoyment, money is a big issue. You want to get great odds and/or a great bonus. But don’t forget that saving on currency fees and fluctuations is just as big of an issue in terms of ensuring that you keep your betting profitable. Have a look at how costs due to currency exchange can add up below our list of recommended Russian Ruble sportsbooks.
Examples of why Russians should only bet with sportsbooks that offer accounts in Rubles
I will qualify the above statement slightly. If for some reason, you have an income source in another currency like the Euro, the British Pound or US Dollars, then your choices of sportsbooks are far more open, as you can select any of the sites above plus the other three top sites for Russians as listed on our homepage. You will be able to set any of those other currencies as your account currency and avoid having to change your money as you move funds in and out of your betting account
However, most Russians live their lives with the Ruble and that is what the following
example examines. First, let us just look at the issue of the exchange fee itself
if you decided to play with a non-
When exchanging funds, we often go to Google, type in ‘Currency Converter’ and then
find out the current Ruble to Euro exchange rate. However, the rate that you find
will be what is often referred to as ‘the day’s best rate.’ This rate is what is
being used in the global currency markets where institutions are making extremely
large trades. The rate you will be given by your credit card, bank or e-
So let’s apply this to our example deposit above. At the time of writing, the day’s best rate was 1 RUB = 0.0144624 EUR. So the best rate would get you 723 Euros. Ah, but you won’t get that rate. Assuming a 4% markup, your rate compared to above will be about 1 RUB = 0.013883 which will yield about 694 Euros. A quick subtraction of those two values tells us that you will have paid about 29 Euros simply to exchange and deposit your funds. Now don’t forget, when you move to withdraw funds from your account back to the Ruble, you will end up paying a similar fee. In the end, this is really a waste of money when there are great RUB betting options available to you with complementary banking methods and Russian Language websites.
Beyond these fees, remember that currently, the Ruble is going through tremendous
turbulence with double-
So, unless you have a funding source in another currency, keep things simple -
How the list was created:
As general rule most sports betting review sites are built simply to present you
with as many brands as possible with logos and banners in the hopes that you will
recognize a brand that you know. Next to these logos you will likely see a 5-
As you can see from my list, several of the biggest names in the Russians market and names that are large within the global betting market are not listed. Unlike other sites, I’m not interested in simply trading on a brand that you know. I want you to play with the betting sites that I truly believe to be best for the Russians bettor.
Each site must satisfy the following criteria:
- Accept Russians player registration. This is no longer a given with all reputable sites given the recent legislation.
- Provide competitive odds on the sports that Russians enjoy the most.
- Established companies with excellent track records of trustworthiness and fairness.
- Provide an excellent user experience from both desktop and mobile devices.
- Offer a wide array of banking options that are accepted within Russia.
- Offer at least some free account withdrawal methods.
- Provide leading edge technology for live, in-
play betting in addition to other features.
I have reviewed over 30 of the World’s top sportsbook companies from the perspectives of dozens of different national markets including the Russians perspective.
I’m not here to list every sportsbook, tell you what is wrong with them, and then hope to trade on their brand and logo because they have advertised and you know their name. I’m here to show you the best companies with which you may bet from Russia. My list is in alphabetical order with no order of preference. They all provide an excellent experience, but have their differences. Please read and enjoy responsibly.
Russian Ruble Betting Issues
The best Russian Ruble online sports betting sites
RUB
Go!
MarathonBet has been on the scene since 1997 and has always focused on the Russian
market. They are making a push to offer the most comprehensive football betting
coverage plus extremely high-
