Online Sports Betting in Hungary
Sports betting is very popular in Hungary. In fact, online sportsbook news sites report that pari-mutuel betting has been present in the country since the 1880s when punters could buy tickets in tobacco shops and lottery offices. Nowadays, Hungarians are still able to place their bets in land-based shops, though only in those of the state-owned company Szerencsejáték. And since the late 1990s that bettors can also use online sportsbook sites in Hungary.
|Is online sports betting legal in Hungary?||Yes.|
|Are sports betting sites in Hungary trustworthy?||Yes.|
|Can I deposit via PaySafeCard/Neteller/Skrill?||Yes.|
|Do online sports betting sites accept HUF?||Yes.|
Online Sports Betting Laws in Hungary
The monopoly estblished with the Act XXXIV of 1991 on Gambling Operations has been met with many negative reactions from both international bookmakers and the European Union. In fact, in 2017, the Court of Justice ruled that Hungarian online gambling laws imposed for EU-licensed operators are unclear and conflicting with the principle of freedom to provide services as set in the Treaty and Functioning of the European Union.
Yet, and despite these laws, the largest online sportsbook sites are available in the country and some of them even offer their webpages in the Hungarian language. As a result, many bettors use these platforms as they offer higher odds, as well as better opportunities, such as online sportsbook bonuses and online sportsbook promotions.
Online Sports Betting Payment Methods in Hungary
There are several ways through which bettors can deposit and withdraw winnings in online sportsbook sites in Hungary. Of course, operators only accept fully transparent money transactions. Accordingly, the credit and debit cards of VISA and MasterCard are usually available. But there are also alternatives that are as efficient and safe. These include Skrill, Neteller, PayPal or PaySafeCard. For more information, consult the online sportsbook reviews directory.
Online Sports Betting Sites Accepting HUF
Hungary is an important market when it comes to betting. This means that operators, even without a license, are willing to target the country. In this way, there are several online sports betting sites accepting HUF.