Hungary Forint Bingo Sites

History of HUF

The official currency of Hungary, the modern Hungarian Forint (HUF), has been in circulation since 1946, although it was first used between 1868 and 1892.

The name 'Forint' comes from the gold coins of Florence called fiorino d'oro, which were struck in 1252. The Hungarian forint is not pegged to any currency, nor are other currencies pegged to it either.

Even though Нungаrу is а раrt оf thе Еurореаn Unіоn, and it іѕ ехресtеd tо аррlу thе Еurо, fоr nоw, nо ѕuсh аttеmрtѕ hаvе bееn mаdе bу thе сurrеnt gоvеrnmеnt.

The forint is divided into 100 filler; however, these coins are no longer in circulation due to high inflation. Banknotes that are issued in denominations are 500, 1,000, 2,000, 5,000, 10,000, and 20,000 forints, while, when it comes to coins, there are 5, 10, 20, 50, 100, and 200 forints.

Safe Casino Deposit Methods that Accept HUF

• PaysafeCard - This is a suitable payment method for gamers looking for a safe way to make online deposits. Although it has the word ‘card’ in its name, PaysafeCard is an e-voucher that users can load with a minimum amount and then fund their bingo account. The brand operates in 43 countries, providing another safe solution for making deposits at online casinos by entering a 16-digit code and waiting several minutes for the casino to validate it. After that, gamblers will see the credits on their account without paying any fees.
• Neteller - Neteller is an e-wallet created by PaySafe Group and available for making safe and quick deposits at numerous bingo and online casino accounts. Customers can fund their casino accounts by following four easy steps while also not waiting long before they see the transaction completed. Firstly, you need to sign in to your Neteller account, go to the “Money in” page, and choose how to transfer money to your Neteller account. The third step is to your favorite website, go to the depositing page, enter the amount you want to deposit, and approve your identity with the Neteller account ID. All you need to do now is wait a couple of minutes until the Neteller casinos deposit is completed. Although Neteller offers a free deposit method, some betting houses may charge a fee, depending on a player's withdrawal method.
• Abaqoos - This local payment option offers safe transactions for both deposits and withdrawals. This payment option does not limit the minimum depositing amount; however, the casino you want to play in may have its own limitations. What's more, no fees are usually charged when you use the Abaqoos payment method for your gambling deposits. Lastly, these transactions are fast, almost instant, while the whole process is safe, so this method is popular among Hungarian players.
• PayPal - By using one of the most recognizable e-wallet operators globally, you won't have to disclose your personal details, which is something many players appreciate the most. Furthermore, PayPal allows transfers in a matter of minutes. The option is very easy to use. First, you need to have a debit card and set up an account, and you are ready to make online transactions and top up your casino account. Usually, the minimum depositing amount is very low, but each casino has its own T&C concerning transactions.
• MasterCard - MasterCard's reputation has grown ever since the beginning of e-commerce, as it slowly became one of the most popular payment options available. Moreover, МаѕtеrСаrd caѕіnоѕ аrе соnѕіdеrеd tо bе ѕоmе оf thе ѕаfеѕt рlаtfоrmѕ players саn uѕе dаіlу. Thе соmраnу рrоudlу ѕеrvеѕ hundreds of millions of customers around the globe. Whеn uѕіng МаѕtеrСаrd debit оr credit саrdѕ fоr making deposits, players wіll nоtісе thаt their рауmеnt wіll nоt bе іnfluеnсеd bу аnу hіddеn fееѕ оr ехtrа соѕtѕ. What's more, this method is also quick and convenient, while the only weakness for some players is that they need to share their banking info with the operator they are playing at.

Gambling Restrictions for HUF Casinos

The online casino was made legal by the Hungarian government back in 2013, after years of discussions on the matter. Since then, online betting has gained massive popularity across the country. So, gambling is legal for Hungarians, as long as they play at a certified online casino. In the first years after legalization, operators that wished to enter the market had to set up a server inside the country’s territory.

Foreign operators were authorized to legally enter the Hungarian gambling market under one of the critical points of the specific changes. However, there has been a lack of operators in the past couple of years since the Hungarian government requires the operator to pay a set fee and then pay taxes based on their net profits. If a site operates in Hungary without a license, they try to add them to ISP-based blacklists so that players cannot access them, and they also try to exact fines from those companies. Although all of this is not so great for the casino operators, it serves players good when it comes to their protection.