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Abaqoos

Abaqoos is part of the wave of new e-money firms, changing the way that customers pay for goods and services online.

In this review we take a look at exactly how Abaqoos works, assessing the benefits and drawbacks of the service in the process.

Top Abaqoos Betting Sites – December 2022

4.6/5
Rated by 219 users
Claimed by 742 people this week
Get up to €50 in Bet Credits
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

VISA
Master Card
eWallet
Maestro

Average Payout Speed

0 – 24 Hours

Currencies

  • EUR
  • GBP
  • SEK
  • World's favourite online betting company
  • 24/7 chat and phone support
  • Mobile app for both iOS and Android
  • Large selection of banking options
  • Wide range of sports to choose from
  • Few promotions for existing users
4.6/5
Rated by 312 users
Claimed by 638 people this week
Welcome Bonus up to €50
Terms and conditions: New Customers only; Min. deposit £15 (no Skrill/Neteller); Bonus amount is 100% of deposit up to £50; Welcome offers are limited to one per person, family, household address, email address, telephone number, same payment account number (e.g. debit or credit card, Skrill and etc.), shared electronic device (e.g. school, public library, workplace, mobile phone) and shared IP; Wager the qualifying deposit and bonus amount 8x within 30 days to convert bonus winnings into real money; Wagers must be on min. odds of 4/5 on singles or acca bets with min. odds of 2/5 per selection to qualify; Max. stake contribution to wagering requirement is the value of your bonus; Certain bet types are excluded; See full terms; Terms apply; 18+ – Terms apply
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Payment Options

Bank Wire
EcoPayz
Master Card
Neteller
Paysafecard
Skrill
Ukash
+1

Average Payout Speed

0 – 24 Hours

Currencies

  • EUR
  • GBP
  • NOK
  • UKGC, MGA and SGA gaming licenses
  • No deposit/withdrawal fees whatsoever
  • Incredible VIP program (The Ten Club)
  • Standalone app for iOS and Android
  • 24/7 customer support via live chat
  • No live streaming service
4.83/5
Rated by 143 users
Claimed by 512 people this week
Bet €10 Get €30 + €10 Casino Bonus
Terms and conditions: Min deposit €10 • A qualifying bet is a ‘real money’ stake of at least €10 • Min odds 1/2 (1.50) • Free Bets are credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes are not included in returns • Casino Bonus must be claimed within 7 days, wins are capped at €500 • To withdraw bonus/related wins, you must wager the bonus amount up to 40 times its value within 14 days • Casino Bonus expires after 60 days • Casino Bonus can be used on selected games in casino only • Restrictions apply to withdrawals, payment methods & countries – Terms apply
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Payment Options

VISA
Master Card
Bank Transfer
Bank Wire
Bitcoin
Citadel
Instadebit
+8

Average Payout Speed

0 – 24 Hours

Currencies

  • CAD
  • EUR
  • GBP
  • Best odds guaranteed on horse racing
  • Regular promotions and free bets
  • One of the most trusted betting sites
  • Live in-play betting and cash-out feature
  • Competitive odds and fast payouts
  • Drastically lowers limits on sharp bettors
4.5/5
Rated by 413 users
Claimed by 557 people this week
28% Up to 988MYR
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

Bank Transfer
Delta
Master Card
Neteller
Skrill
VISA
Visa Electron

Average Payout Speed

0 – 24 Hours

Currencies

  • USD
  • Various Asian languages and currencies
  • Huge range of football betting markets
  • Competitive odds for all sporting events
  • Nice welcome bonuses and loyalty offers
  • Numerous country restrictions
  • No live streaming service
4.79/5
Rated by 671 users
Claimed by 430 people this week
100% up to €122
Terms and conditions: Register and deposit at least €1. Get 100% matched bonus, up to €122. Bonus amount must be wagered 5x via accumulator bets. Min 3+ selection, min odds 1.40. Rollover must be completed within seven days. Withdrawals unavailable until rollover completed. – Terms apply
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Payment Options

Neteller
Skrill
Siru

Average Payout Speed

0 – 24 Hours

Currencies

  • EUR
  • USD
  • AED
  • Available in over 30 languages
  • Over 1000 events offered every day
  • Extensive list of banking methods
  • 24/7 customer service support
  • Cryptocurrency accepted
  • Lack of live streaming
4.5/5
Rated by 413 users
Claimed by 289 people this week
50% Up To $1000
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

Bank Wire
Bitcoin
Cheque
Discover
Master Card
Neteller
Skrill
+1

Average Payout Speed

0 – 24 Hours

Currencies

  • USD
  • Accepts players from all over the world
  • Known for their live betting offers
  • Lots of secure banking options
  • Great bonuses and promotions
  • High fees for some deposit options
  • Support agents are often slow to reply
4.5/5
Rated by 215 users
Claimed by 267 people this week
Get up to €/$30 in Free Bets
Terms and conditions: Min Deposit: €/$10; First deposit matched up to €/$30; 1x wagering at odds of 1.75+ to unlock Free Bet; Credit Card, Debit Card & PayPal deposits only. – Terms apply
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Payment Options

Neteller
Skrill
EcoPayz

Average Payout Speed

0 – 24 Hours

Currencies

  • USD
  • GBP
  • CAD
  • Licenced in both the UK and Malta
  • Generous welcome bonus for new users
  • Promotions for major sporting events
  • Free-to-play prediction games
  • Excellent customer service and security
  • Limited payment options
4.5/5
Rated by 232 users
Claimed by 378 people this week
15% up to $600
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

Amex
Bank Wire
Bitcoin
Cheque
Master Card
Neteller
VISA

Average Payout Speed

0 – 24 Hours

Currencies

  • BPS
  • CAD
  • EUR
  • Popular book that accepts large max bets
  • Huge focus on football and basketball
  • High-spec live in-play platform available
  • Downloadable client for Windows & Mac
  • Odds are not amazing on non-US sports
  • User interface could be improved
4.5/5
Rated by 289 users
Claimed by 230 people this week
Bet £10 Get £20 in Free Bets
Terms and conditions: New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+.  – Terms apply
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Payment Options

Cheque
Clickandbuy
Ekonto
Euteller
Giropay
Ideal
Instadebit
+12

Average Payout Speed

0 – 24 Hours

Currencies

  • CZK
  • EUR
  • NOK
  • High-street bookmaker in Ireland
  • Nice site with very easy navigation
  • Popular for horse racing and greyhounds
  • Great range of Gaelic games markets
  • Site can be buggy on some browsers
  • Customer support is poor
4.5/5
Rated by 415 users
Claimed by 178 people this week
100% up to €100
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

VISA
Master Card
Skrill
Neteller

Average Payout Speed

0 – 24 Hours

Currencies

  • Get big cash prizes as a VIP customer
  • Access the site in 17 languages
  • Live odds change via colour-coded boxes
  • Explore in-depth sports rules on the site
  • No live streaming service
  • Long list of restricted countries

Betting With Abaqoos

From a betting online perspective, Abaqoos enables individuals to fund their betting account without ever having to use a credit or debit card. It functions as an e-wallet service as is popular in Hungary and around Eastern Europe.

On top of providing an e-wallet option, Abaqoos also have a pre-paid voucher service which can be funded by either bank transfer or customers can deposit cash at a participating bank.

Abaqoos logo

How Abaqoos Works

As mentioned, Abaqoos offer two services – an e-wallet service, and a pre-paid voucher service.

E-wallet

E-wallet

Individuals with an OTPdirekt bank account can fund their Abaqoos wallet using online bank transfers. After registering once and receiving a 14-digit Abaqoos ID code, customers can activate and recharge their wallet via e-banking, telephone or via a mobile phone.

The e-wallet option is only available to customers of OTP bank. From their e-wallet, customers are able to fund their betting accounts and reload their wallet. They are also able to receive money back from bookmakers to their Abaqoos account.

Pre-paid Voucher

Pre-paid Voucher

Before getting started using the Abaqoos pre-paid voucher, customers first need to register an account and activate it through an issuing bank that is associated with Abaqoos. Each bank individually ensures data protection and security and users are able to fund their Abaqoos wallet free of charge.

Abaqoos have bank accounts with a number of different firms, including:

  • Budapest
  • CIB
  • Erste
  • K&H
  • MKB
  • OTP
  • Unicredit
  • Raiffeisen

There are two ways for individuals using the Abaqoos vouchers to fund their accounts:

  • Pay cash into one of the aforementioned bank accounts. Five minutes after the cash has been paid in, the voucher will be credited.
  • Bank transfer. The speed of the bank transfer is dependent upon the opening hours of each banks account systems.

The pre-paid vouchers enable customers to use an Abaqoos without having a bank account, as they are able to deposit their funds in cash at any of the participating banks. Once the money has been loaded onto the voucher online, customers can then disperse the funds to their betting accounts.

What Are the Benefits and Drawbacks?

There are both benefits and drawbacks of using Abaqoos to deposit funds into a betting account.

Advantages

A key benefit of using is Abaqoos is the protection and security the service provides. Whether using the e-wallet or the voucher, customers avoid having to enter their financial information online.

Those individuals who are a member of OTP bank can use the e-wallet option which allows them to transfer money to their Abaqoos wallet online. From there they can transfer money quickly and efficiently to betting accounts and are able to move the funds between different bookmakers, similar to other e-wallet services.

Disadvantages

Abaqoos is not available to bettors in every country. As the banks used to deposit funds are based in Hungary and the surrounding areas, individuals from further afield do not have the option to use the service to fund their betting accounts

Conclusion

Whilst the Abaqoos vouchers are accepted by some of the biggest bookmakers and betting exchanges across Europe, they are left out as deposit options by quite a few firms (particularly those UK based operations), which limits a customer’s choice somewhat as to which bookmaker they can use.

With that being said, Abaqoos is an accepted payment type with e-wallet Neteller, who are linked up with virtually all of the established bookmakers around the globe, and therefore although it involves an extra step, bettors can bypass the problem by first depositing from Abaqoos into Neteller, and then from Neteller into their desired betting account.

The main drawback is then the fees that Neteller charge for their services.