Players from United States accepted
If you want to use BankID at a sportsbook site, it’s pretty straightforward. All there is to do is set up the payment option through your bank account. Many financial institutions in Norway and Sweden support it, so you can go with whichever you already use.
As mentioned above, security is the number one upside when betting with BankID. This is thanks to features like encryption and multi-factor authentication. So, if you’re particular about safeguarding your funds, we understand if you can’t wait to register with top bookmakers that support BankID. Continue reading to learn about them.
List of the Best BankID Bookies
Whether you're a beginner or a seasoned punter looking for the best betting sites that use BankID, we have covered you. Below is a comprehensive list of the best bookies that accept the payment method:
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4.6
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4.9
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4.2
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Rakeboost bonus
T&Cs Apply
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4.1
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160% Sports Free Play bonus up to $800
T&Cs Apply
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4.1
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100% up to $500 on 1st deposit and 50% up to $250 on 2nd deposit
T&Cs Apply
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4.1
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3+1 in Free Bets
T&Cs Apply
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4.4
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100% up to $500
T&Cs Apply
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4.2
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4.2
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50% up to $1000
T&Cs Apply
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4.0
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-
T&Cs Apply
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Welcome offers
All the betting sites mentioned above rank highest on the list of bookies that use BankID, but you still have to select one of them. Before choosing any of them, ensure the bookie meets specific requirements that will make it a good fit for you. We lay out some of these requirements below.
The first requirement
is that any BankID bookies you choose must have extensive sports coverage on their website. While the chances are high that you'll be betting on your favorite sports, you should have the option to venture into other sports whenever you feel like it.
Secondly
, the bookmaker must have an extensive range of betting markets for every sports event. While it's true that all the top BankID bookmakers provide their customers with the most and least chosen betting markets, you must verify with the bookie you choose to ensure it applies to them also.
The third factor
is the quality of odds on their betting markets. Punters generally choose bookies that are generous with their odds distribution. The reason is because bookies like this make winning easy for customers. With excellent odds distribution, their customers can select only a few events to have enough odds to wager on. So ensure you look out for this.
Finally
, you must check for the availability of betting features on their platforms. Bookmakers add these features to enhance your experience on the platform. So, before you choose any bookmaker, ensure they have features like live streaming, a team/player performance stats page, a push notification, and live score. The more features, the better your experience betting on the site.
Make a BankID Deposit and Claim Your Bonus
You need to deposit to be able to wager on any selection on a betting site. The good thing is that every first deposit on BankID betting websites comes with attractive bonuses.
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4.6
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4.9
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4.2
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Rakeboost bonus
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Rakeback is a withdrawable bonus that is accrued for each bet and depends on your current Rank. Please bet responsibly, begambleaware.org. 18+. Full T&Cs apply. | |
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4.1
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160% Sports Free Play bonus up to $800
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4.1
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100% up to $500 on 1st deposit and 50% up to $250 on 2nd deposit
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Kick off your new GTbets.ag account with our top-rated CASH sign up bonus. Make your first deposit to receive a 100% cash bonus up to $500, and then 50% up to $250 on your second deposit. Full T&Cs apply. | |
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4.1
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3+1 in Free Bets
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Place 3 consecutive bets and get the 4th bet as a free bet! Full T&Cs apply |
Below are some of the bonuses each BankID sportsbook offers:
| Popular BankID Betting Sites | BankID Deposit Bonuses and How to Claim Them |
|---|---|
| ⭐ Unibet | Unibet offers a 100% bonus worth €50 to bet on sports if you deposit €10 using BankID as a payment method. You'll also get €100 bonus for casino bets and €200 + €20 bonus on poker. |
| ⭐ Betsafe | You only need a minimum deposit of €10 using BankID to get a 100% bonus of up to €200 on Betsafe. You get an additional 100 free spins for this deposit. |
| ⭐ Betsson | Deposit a minimum of €10 using BankID to get a 100% bonus offer up to €1,000. You also qualify for an additional 200 free spins for casino games. |
| ⭐ MrGreen | When you deposit a minimum of $10 or currency equivalent on Mr Green using BankID, you'll get double your deposit and 200 free spins. A higher deposit means a higher bonus offer. |
| ⭐ Casumo | Enjoy a 100% bonus of up to €300 on your first €10 deposit using BankID. You'll get an additional 20 free spins that you can use on all your favorite casino games. |
How to Use BankID for Betting
BankID is a versatile payment method that allows users to pay for thousands of products and services online through an effortless identification process. To bet with BankID, below are the steps to follow:
The first thing to do is visit any financial institutions issuing electronic ID certificates. After this, you get a personal number by registering with the Swedish population register, then open an account with any betting sites that accept the payment method. The next step is to log in to the betting site using their official platforms.
Once on the platform, navigate to the cashier page to find the deposit button. Click on it to see all the payment methods available, including BankID. Select it, and you'll see a fresh page of the bank that issued you the electronic ID. Enter the deposit amount and authorize the transaction. You'll get the funds in your bet wallet immediately, after which you can start betting.
What is BankID
The brand offers a modern and secure sports betting method that trumps many other payment methods. If you're a bettor who prioritizes protecting personal and financial information, this payment method should be your go-to for online betting.
Just ensure you have an account with the following financial institutions: Nordea, Skandia, Ålandsbanken, Danske Bank, Handelsbanken, Swedbank, SEB, ICA Banken, Sparbanken Syd, Skandiabanken, Länsförsäkringar Bank, and Ikano Bank.
Making Deposits with BankID
You need to make deposits in your bet wallet to be able to wager on any betting events you book on any of the best BankID betting sites. The process is relatively easy for anybody who understands the functions of a mobile phone.
All you have to do is get your bank ID from any of the abovementioned banks. Get a personal number and link both to your bank account. After this, log into your online bookmaker and visit the cashier page. Click the deposit button, and the system will direct you to your bank's page.
It is where you'll enter the amount you wish to bet. Once you've done that, authorize the transaction, and you'll get the money in your bet wallet. Ensure you double-check the payment details before you confirm it because it might be slightly tricky to cancel and get a refund after you've initiated a payment.
Requesting Withdrawals with BankID
Unlike other betting sites that require you to submit multiple documents to withdraw your profits, sportsbooks that accept BankID don't need all that. To request a withdrawal, all you have to do is visit the cashier page of the bookmaker and find the withdraw button.
Click on it to see all available payment methods, including BankID. Select BankID and enter the amount you wish to withdraw. Authorize the transaction, and you’ll get the money in the bank account from which you made your deposit. Note that it might take your bookie some time to process the funds.
Fees and Limits
Deposit and withdrawal transactions using BankID are free of charge. However, your bank may charge some amount for transferring funds, and it may be between SEK1 and SEK5 for every transfer you initiate.
Your choice among the betting sites that take Bankid would determine the limits on your transactions. Each of these bookies has minimum and maximum deposits and withdrawals. So confirm this with the bookie you choose before registering with them.
Countries Where BankID Can Be Used for Sports Betting
Punters predominantly use BankID for online betting in Sweden. But you don’t necessarily have to be a citizen of Sweden to use the brand.
Sweden If you plan to stay in the country for an elongated period, you can get BankID and use it for sports betting.
Accepted Currencies for BankID
You need real money to fund your bank account to deposit in your bet wallet using BankID.
As BankID is available in Swedish, the currency you can use is the Swedish Krone (SEK).
BankID Betting Apps
Players can enjoy online betting using BankID with the mobile betting app. This app is available for iOS and Android devices. The app is comfortable to use due to its brilliant interface, and it is easy to navigate to command any function. It has become popular for betting because of its QR code-based function.
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4.9
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100% up to u₿50000
T&Cs Apply
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100% up to $600
T&Cs Apply
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4.8
Up to $30 in Free Bets
T&Cs Apply
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4.8
Bet £10 get £30 in free bets
T&Cs Apply
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Players can deposit into their bet wallets by requesting their bookie's QR code and scanning it with the BankID betting app. The system will verify that the correct user is initiating the payment before completing it. It indicates that BankID is an innovative payment method that embodies all modern features.
BankID Alternatives for Betting Online
Whenever you can’t initiate a transaction on sports betting sites accepting BankID, other payment methods exist to explore. Visa, MasterCard, and Skrill are some popular options. Below is a complete list for you:
How to Stay Safe Betting with BankID
BankID was created to offer users robust security in all digital environments. Every user has a unique ID that is not accessible by other persons. But that's not a reason not to observe security measures when betting with BankID.
The first security measure is to ensure you're using a secure link from any of the Bankid sports betting sites to access their platforms. The second thing is to avoid phishing emails offering bonus offers. The third is to ensure your login details are only accessible to you.
New Bookmakers that Accept BankID
BankID has extended its reach within the betting world, and new bookmakers have started accepting it as a payment method on their platform. Below is a list of some of the new bookmakers:
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4.2
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First Deposit Bonus 125% up to $1000
T&Cs Apply
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4.1
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100% up to €30000
T&Cs Apply
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3.6
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Is It Worth Using BankID for Betting Online?
Betting BankID online comes with so much ease, primarily because of the airtight security the brand offers its users. As we’re in a time where cyberattacks are high, using a secure brand for online betting is a good choice.
As BankID fits this description, it's safe to say online betting with it is worth it. But like with every other brand, all advantages come with disadvantages. Below are submissions on how they are with BankID.
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PROS
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CONS
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What You Need to Start Using BankID
Before you begin to enjoy sports betting with BankID, there are some requirements you need to fulfill. Some of these requirements include the following:
Personal Number
The personal number is a crucial requirement to start using BankID. The unique number consists of 10 digits, the first six of which are the user's date of birth. It follows the YYMMDD format. After the first six, the next are three more digits that serve as a unique identifier.
They show the individual's sex, complete with a hyphen. Potential users can get this number by registering with the Swedish Population Register. You'll be required to provide documents like a resident permit for those who aren't Swedish, proof of address, and a valid passport.
Internet Banking
The next requirement you must fulfill is registering for internet banking with any of the Swedish banks we mentioned earlier. You must open an account with the bank before using their internet banking services. Once you do this, you can link your BankID to the account.
The BankID will serve as a verification measure for all transactions you initiate on any online betting site that accepts the payment method. You can personally do this, but it’s much easier if you request the assistance of a bank agent.
Mobile BankID
You can use BankID on desktop computers or mobile devices. To use it, you must log in to your online betting account and explore the menu bar to check for mobile services. Follow the prompts to get your mobile BankID. After this, you can start paying online using BankID to verify every transaction initiated on the account.
History of BankID
BankID is an innovation that marks Sweden's transition from a traditional physical identification system to a modern electronic identification system. This transition was facilitated by a group of Swedish banks that issued their customers e-IDs that eventually became BankID in 2003.
By 2004, the number of BankID users had grown sporadically, with thousands using the e-ID to access their tax and social insurance accounts. By 2010, BankID had added many new features, including logging in to Internet and mobile banking platforms. Since then, BankID has only added more users, attracting the attention of neighboring countries looking to adopt the same measure for their citizens.
BankID Overview
The vast majority of the Swedish populace knows how efficient BankID is for online verification across all digital environments. Below is an overview of everything about BankID:
- BankID is available for sports gambling in Sweden, making it the only country that uses it.
- The currency it accepts from all users is the Swedish Krone (SEK)
- English and Svenska are the languages you can use on BankID platforms.
- Visa, MasterCard, Skrill, and PayPal are alternatives to BankID for online betting.
- Unibet, Casumo, Betsson, Betsafe, and Mr Green are some of the most popular and legal online bookmakers that accept BankID.
- The group of banks that supports BankID is a consortium called Finansiell ID-Teknik BID.
Bottom Line
Make the best betting choice by selecting bookmakers that accept BankID. Visit their platform to register an account, and fund the account using BankID to start betting. You'll indeed have the best experience every time you bet with BankID.
Need a bookie that accepts BankID?
Frequently Asked Questions
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What is BankID?BankID is an electronic identification system that allows users to verify their identity in any digital environment, especially payment platforms.
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How does BankID work?BankID works by linking users' numbers and bank accounts to facilitate exchange between the parties to verify identity for online payments.
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Can I use BankID for online betting?You can use BankID for online betting. But you have to ensure it’s on betting sites that accept it.
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Is BankID safe?BankID uses an identification method that’s unique to each user. No two persons can use the same account. This makes it a safe brand for online betting. Sweden's Digital Administration Authority regulates the e-ID.
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Are BankID deposits instant?BankID deposits are instant if the user has linked their bank account and personal number.
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Can I claim withdrawals to BankID?You can claim withdrawals to BankID but must ensure your bookie accepts this. Also, the withdrawal time can take some time to complete.
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What are the fees to withdraw via BankID?All transactions on BankID are free, but you must know that your bank may charge some fees for transfers. It's usually between SEK1 and SEK5, depending on how much you transfer.
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Is there a limit on my BankID transactions?Your bookmaker mainly sets the limit on transactions. So, ensure you check with them before you register an account.
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What currencies can I use for BankID betting banking?BankID is a Swedish establishment, which means the currency for all transactions is the Swedish Krone (SEK).
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Are there any BankID online betting bonuses?You’ll get the best sports betting bonuses when you deposit using BankID on any bookmaker that accepts it.
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