In this article, you will learn more about the betting sites which accept the Hungarian Forint as a currency to gamble with. At the moment, there is only one gambling website which does that, so you don’t have much to choose from.
Many Hungarians enjoy gambling and visit online bookmakers to gamble in their free time. You will have a hard time finding bookmakers which will allow you to deposit or withdraw money using the Hungarian Forint, but we still managed to find one website which lets you do that. You can also find more information about the country’s tax laws regarding gambling winnings, in addition to the best deposit method that you can use.
Where can you bet using Hungarian Forint?
|Bookmaker||Founded||Jurisdiction||Bonus||Min. Bet||Max. Bet||Grade||Review|
|2000||UK||Up to £100 in
|New Customers only. Up to £100 in Bet Credits. Sign up, deposit £5 or more to your account and bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions 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 we mentioned earlier, only one site will accept Hungarian Forint as a deposit/withdrawal method, and that’s bet365. Other bookmakers have decided not to include this currency, however, bet365 always are providing options for their customers from different countries who just want to use their currency to gamble.
Bet365 – We rate bet365 very highly(read why), so you can be sure that you are choosing the best bookmaker when signing up with them. Let’s face it, they are the only site which offers this currency as a form of payment and even if you don’t like them, there aren’t any other choices at the moment. Some of the options for making a deposit using HUK are Neteller, Skrill, Ukash, Click2Pay, Entropay, and credit or debit card.
Gambling Tax in Hungary
It’s not easy to understand the gambling tax laws in Hungary, but this is sort of irrelevant, seeing as most people don’t have to pay them. A proposition on adding gambling tax on slot machines and gambling tax has been made by the government at 2012, and the sum of this tax is 20%. This is pretty high, but considering that the country is considered to be fairly socialist, this doesn’t come as a surprise to us.
What payment methods should people who want to deposit in Hungarian Forints use?
Some people are probably making plans on how to avoid taxes and hide your gambling winnings, but we wouldn’t recommend that. The best way to deal with things is to deposit using a debit or credit cards because they are the fastest and cheapest way to top up your gambling account.
If you are convinced that you don’t want to pay taxes on your winnings, using an e-wallet like Neteller or Skrill will make your job much easier. That way the government can’t find out if the money came from gambling winnings unless they decide to dig deeper.