On this page, you will find information about the best betting sites which accept the Bulgarian Lev as a currency.
Sports gambling is an especially beloved activity in Bulgaria, with the most popular football leagues to bet on being the Serie A, English Premier League, Bundesliga and Spanish La Liga. Ever since the legalization of gambling in 1993, it became extremely popular and at the moment, more and more people are using foreign betting websites.
Thanks to this article, you will find which gambling websites will offer you the opportunity to use the Bulgarian Lev, how you can make deposits and withdrawals using the currency, and some details about the country’s gambling and taxation laws.
Where can you bet using Bulgarian Lev?
|Bookmaker||Founded||Jurisdiction||Bonus||Min. Bet||Max. Bet||Grade||Review|
|2000||UK||Up to £100 in
|Up to £100 in Bet Credits for new customers at bet365. Min deposit £5. Bet Credits available for use upon settlement of bets to value of qualifying deposit. Min odds, bet and payment method exclusions apply. Returns exclude Bet Credits stake. Time limits and T&Cs apply.|
|1999||United Kingdom||£100||£2||No max||
|T&C: 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.|
|1997||Malta||Bet £20 Get £40||£0.01||Varies||
* T&C’s apply. Click on Bet now to view the offer!
As you’ve probably guessed by now, the Bulgarian Lev isn’t the most popular currency out there and the only bookie which accepts it is Bet365. Another option if you want to use other sites would be selecting the one that has the best exchange rate for the Bulgarian Lev.
Even though only Bet365 accept BGN as a currency, they do offer many deposit options for you to choose from. If you are a Bulgarian punter, you can deposit by using Neteller, ePay.bg, Click2Pay, Skrill, Neteller, wire or bank transfer, and credit/debit card. If you want to withdraw your money, all of the options mentioned above are available, except ePay.
Gambling Tax Laws in Bulgaria
There was some controversy regarding the new 15% tax law which was imposed in Bulgaria. Many people think that this will have a negative impact on the gambling industry in the country, but punters shouldn’t worry too much because the bookmakers are the ones who are paying the tax. Even though this might mean lower odds by local bookies, the ones based abroad won’t have to do this, so Bulgarian punters should really bet online instead of using Bulgarian based bookies.
What payment methods should Bulgarians use?
There are many people in Bulgaria who don’t have a bank account, but if you want to place bets from there, you will have to create one because there aren’t any services similar to Ukash in the UK.
The simplest way to make deposits and withdrawals would be using a credit or debit card, seeing as you don’t have to hide your winnings because there is no tax on them. If you don’t like entering the details of your credit card, you should consider using Skill and give your credit card information only to them.