Hungary Crypto Gambling Sites

Hungary Crypto Gambling Sites

Hungary Crypto Gambling Sites

Gambling has been legal in Hungary since 1991. However, the state effectively enjoys complete control as the sole licensed provider of all gambling activities. The local industry is limited to state-owned land-based licensed casinos, horse racing shops, and other betting outlets, with many restrictions, limited games & sports markets.

Unsurprisingly, many Hungarians have turned to crypto gambling sites to enjoy unlimited access to international casinos & sportsbooks that offer a broader range of products and complete anonymity. Players can access 5,000+ slots and live table games from top providers, as well as thousands of high-odds sports betting markets. Stay on this article to learn more about the benefits you can gain.

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Best Crypto Casino in Hungary

Online crypto casinos offer superb perks compared to the local competition. You can enjoy instant & anonymous transactions, access to all the popular slot providers and large welcome bonuses of up to 50 million Forints. Our team reviewed many brands considering the features above that make a top casino. Below are some of the best crypto casinos in Hungary that we have distinguished:

Casino
Rating
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
Vave Bonus
4.4/5
star star star star star
Cashback
$20
B x 40
NO CODE
100% Bonus Up To1 BTC
#2
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
$10
x80
NO CODE
100% Bonus Up To1 BTC
#3
Betswap Bonus
4.3/5
star star star star star
Deposit Bonus
10 USDT
Bx50
NO CODE
100% Bonus Up To500 USDT
#4
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
$10
N/A
NO CODE
180% Bonus Up To$20,000
#5
Cryptoleo Bonus
4.2/5
star star star star star
-
x50
NO CODE
100% Bonus Up To2,500 USDT
#6
Duelbits Bonus
4.2/5
star star star star star
Rakeback
$10
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback +500FS
#7
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#8
Jackbit Bonus
4.1/5
star star star star star
Deposit Bonus
€50
x1
WELCOME
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Bonus Up To100 FS
#9
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
€1
B x 50
Exclusive Offer
CRYPTOTV
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100% Bonus Up To€300
#10
Stake Bonus
4.4/5
star star star star star
Rakeback
$1
special-rules
Special Rules
Exclusive Offer
CRYPTOTV
copy-icon
Bonus Up To10% Rakeback
#11
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
$1
special-rules
Special Rules
NO CODE
Bonus Up ToDaily Rewards
#12
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
$/€20
B x 40
NO CODE
100% Bonus Up To$/€120
#13
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
$20
x30
NO CODE
170% Bonus Up To$1,000
#14
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
$20
x35 in Slots
NO CODE
100% Bonus Up To$500
#15
FortuneJack Bonus
4.0/5
star star star star star
Deposit Bonus
BTC 0.001
Bonus x30
NO CODE
110% Bonus Up ToBTC 1.5
Bookmaker
Rating
Min odds
Min Deposit
Rollover
Bonus Code
% Percentage
Amount
#1
Vave Bonus
4.4/5
star star star star star
Cashback
2.00
$20
B X 5 (Doubles)
NO CODE
100% Bonus Up To1 BTC
#2
BetPanda Bonus
4.3/5
star star star star star
Deposit Bonus
-
$10
x80
NO CODE
100% Bonus Up To1 BTC
#3
Betswap Bonus
4.3/5
star star star star star
Deposit Bonus
Not Available for Sports
10 USDT
Bx50
NO CODE
100% Bonus Up To500 USDT
#4
Coins.Game Bonus
4.2/5
star star star star star
Deposit Bonus
N/A
$10
N/A
NO CODE
180% Bonus Up To$20,000
#5
Cryptoleo Bonus
4.2/5
star star star star star
Deposit Bonus
-
-
x50
-
copy-icon
100% Bonus Up To2,500 USDT
#6
Duelbits Bonus
4.2/5
star star star star star
Freebet
1.50
$10
B X 5
NO CODE
100% Bonus Up To$100
#7
Coinplay Bonus
4.2/5
star star star star star
Deposit Bonus
1.60
20 USDT
x40
NO CODE
100% Bonus Up To5,000 USDT
#8
Jackbit Bonus
4.1/5
star star star star star
Freebet
1.30/selection (trebles)
€20
special-rules
Special Rules
NO CODE
100% Bonus Up To€100
#9
22bet Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection (Trebles)
€1
Β x 5
Exclusive Offer
NO CODE
100% Bonus Up To€122
#10
Stake Bonus
4.4/5
star star star star star
Rakeback
-
$1
special-rules
Special Rules
Exclusive Offer
NO CODE
Bonus Up To10% Rakeback
#11
Sportsbet.io Bonus
4.1/5
star star star star star
Daily Rewards
-
$1
special-rules
Special Rules
-
copy-icon
Bonus Up ToDaily Odds Boost
#12
20Bet Bonus
4.3/5
star star star star star
Deposit Bonus
2.00 Combined (ACCAs)
$/€10
B x 5
NO CODE
100% Bonus Up To$/€100
#13
Mystake Bonus
4.2/5
star star star star star
Deposit Bonus
1.40/selection
$20
x10 in Doubles
NO CODE
100% Bonus Up To$500
#14
Goldenbet Bonus
4.1/5
star star star star star
Deposit Bonus
1.4/selection
$20
x10 in Trebles
NO CODE
100% Bonus Up To$500
#15
FortuneJack Bonus
4.0/5
star star star star star
Cashback
N/A
BTC 0.001
N/A
-
copy-icon
20% Bonus Up To20% Cashback
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Safe Crypto Betting Sites in Hungary

Crypto betting has become very popular in recent years as players seek flexible, convenient, and secure ways to bet on their favourite sports. Unfortunately, the increasing popularity is also accompanied by many substandard brands. Hence, we have shortlisted some of the best crypto betting sites in Hungary based on our objective review of the available features such as high odds, large number of markets and speed of payouts. Dig in!

Bookmaker
Rating
Crypto Coins
Highlights
% Percentage
Amount
#1
Vave
4.4/5
star star star star star
Cashback
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 29 Coins
check-icon
Up To 96%+ Odds
check-icon
Over 1,000 Daily Live Events
check-icon
4+ Fiat To Crypto Gateways
100% Bonus Up To1 BTC
#2
BetPanda
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
Over 12 Coins
check-icon
Livestreaming
check-icon
40,000+ Monthly Pre-game Events
check-icon
Bitcoin Lightning Accepted
100% Bonus Up To1 BTC
#3
Betswap
4.3/5
star star star star star
Deposit Bonus
Bitcoin logo
Ethereum logo
USDT logo
check-icon
8+ Mainstream Cryptos
check-icon
Up To 98%+ Odds
check-icon
40,000+ Monthly Pre-game Events
check-icon
On-Chain Payments
100% Bonus Up To500 USDT
How to pick a solid crypto betting site

As we already mentioned, the number of online gambling sites is on the rise, and with cryptocurrency, players can enjoy borderless transactions with complete anonymity. This could also pose a severe threat, especially for newbies who cannot select the best crypto betting sites. Hence, before you make that choice, these are some crucial things to check:

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Of course, you will not find a crypto sports betting site with a Hungarian license because it is not legal. However, that does not mean you should use sportsbooks without a valid license. A legitimate site will have an offshore license from Curacao or any other jurisdiction which regulates and enforces compliance per responsible gaming practices. Ensure you verify the license and check that the site uses a valid SSL encryption technology to secure all data.
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It is not enough that a platform supports cryptocurrency for deposits and withdrawals. It is crucial to see if there are numerous options. The most popular ones include Litecoin, Bitcoin, Ethereum, USDT, and Bitcoin Cash. Choose a sportsbook that provides a fast, convenient, secure, and flexible transaction process.
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With many new sites springing up now and then, it is hard to know whether or not a platform is reputable or can be trusted. Before selecting a gambling platform, check what others say about it. Visit review sites to see if there are positive comments about the site's features. Also, you can check the operator behind the brand, especially if it is a new one, to see if they have a good or bad history in dealing with players.
Vave Logo
Casino
Vave
4.4/5
star star star star star
YEAR EST
2022
check-icon
Over 29 Coins
check-icon
70+ Providers
check-icon
Over 700 Bonus Buy Games
check-icon
4+ Fiat to Crypto Gateways
Pragmatic Play Pragmatic Play
Play ’n GO Play ’n GO
No Limit City No Limit City
100% Bonus Up To 1 BTC
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How to Deposit at Hungarian Crypto Gambling Sites

Once you have selected a crypto gambling site, the next step is to create a new account. Usually, there is a welcome bonus, but sometimes, you may be restricted to specific cryptocurrencies or payment gateways. So, it is best that you check these conditions before making the deposit.

Afterward, select your preferred currency from the cashier section and enter the amount you want to deposit. Meanwhile, you must have a pre-funded crypto wallet to make the deposit, like Coinbase, Luno, and Binance, that you can use. Afterward, simply follow the steps below.

Meanwhile, processing withdrawals from a crypto wallet directly to your bank account may attract an additional tax in line with the current regulations on crypto transactions.

Hungary Crypto Gambling Sites
Hungary Crypto Gambling Sites
1
Start an account at a crypto exchange. Fund it via debit card, bank transfer or any other local option. Acquire the cryptocurrency that you are going to use as a gambling bankroll.
2
If you are not in a hurry, limit orders hold fewer fees than market orders. Sometimes, it is better to acquire the proprietary coin of the exchange first, as trading pairs with them cost less.
3
Transfer the cryptocurrency amount to your private wallet. Never make direct transactions between crypto exchanges & crypto gambling sites. Crypto exchanges may freeze such accounts.
4
Head over to the gambling site’s cashier section. Click on the relevant crypto method. The wallet’s address will appear. Copy the address and paste it into your wallet’s send function. QR code scans are commonly available too.
5
If a brand does not support crypto-only wallets, watch out for the exchange rate. Any spread above 1% of the current market rate is too much.
6
After a few seconds or minutes, your deposit will settle. This depends on the cryptocurrency and the number of block confirmations required by the operator.

What’s the gambling tax for cryptos in Hungary?

Gambling taxes have been a contentious issue in Hungary for many years, and it is becoming an even bigger problem following the emergence of cryptocurrencies. Although the recent amendment has eased the restrictions on online gambling, the government is still wrestling with how to regulate the use of cryptocurrencies in gambling and tax such transactions appropriately.

The most recent enactment in 2020 states that all crypto profits are now subject to a 15% tax. This fee could potentially apply to crypto gambling winnings as well. The best move is to keep your crypto bankroll in anonymous wallets and only cash out small amounts via exchanges. A small price to pay for all the benefits provided by international crypto-friendly brands.

Why Players Pick Up on Crypto Gambling Worldwide?

The answer lies in the different regulatory setbacks that players from each have to face. Recently, Romanian Bitcoin gambling sites saw a surge in popularity after the sports and casino product of locally-licensed sites was significantly downgraded because of the imposed tax on operators.

On a similar note, crypto online casinos in Czech Republic were the only solution for locals to escape the unfair 15% tax on winnings, while taking advantage of Bitcoin’s legality in the land. In general, cryptocurrencies elevate the gambling experience without extra headaches, contrary to traditional alternatives.

Our Final Verdict on Hungarian Crypto Gambling Sites
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Our Final Verdict on Hungarian Crypto Gambling Sites

Hungarian crypto gambling sites provide an exciting platform for players to experience a new perspective in the industry. Unlike local sites, with many restrictions regarding betting options, slot providers, and payment options, these sites offer a much more comprehensive range of products.

Likewise, the use of multiple cryptocurrencies also adds an additional layer of security, convenience, anonymity, and speed for all transactions once you get used to such transactions. Take a look at our shortlisted brands to elevate your gaming sessions to a whole new level.

FAQs

Yes, online gambling is legal with the most recent amendment of the gambling act. However, only licensed operators are allowed to offer their services to Hungarians.

No, there is no legal framework that makes provision for crypto gambling in Hungary. However, many offshore bookmakers accept players from the country, although this could pose a severe risk with the increasing number of scam sites.

Bitcoin is legal in Hungary. In fact, it is not regarded as a currency or electronic money. Instead, it is seen as a virtual commodity that can be legally marketed in the country and is subject to VAT. However, the regulations are fluid, so staying current with recent happenings is best.

Yes, these platforms support deposits and withdrawals in multiple currencies. Depending on the operator, you will have popular cryptos like Bitcoin, Litecoin, Ethereum, and Bitcoin Cash. The speed varies depending on the network you choose on the crypto wallet.

With many new sites being released occasionally, finding a secure and trustworthy one can be a monumental task. Sometimes, it requires thorough research into the credibility and features of the platform. The easiest way is to use any gambling sites we have shortlisted.

Cryptogambling.tv is the first site to fully empower crypto iGaming brands. Decentralized digital currencies are the answer to the restrictions that gamblers face worldwide. Your funds, your rules. At the same time, we accept no compromises, and promote only legitimate websites. Trust our expertise, become an avid crypto gambler and maximize your bankroll’s value.
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