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Founded in 2005, Sofort is an online payment method that originated in Sweden. The Klarna Group acquired Sofort in 2014. The payment method has recently become available in the UK. Sofort is now available in 17 different countries, attracting over 90 million customers. So, just what is Sofort? This page will outline exactly how this payment option works. We will also deliver our top ranked Sofort betting sites, perfect for punters looking for a new way to deposit and withdraw funds.

 

The Best Sofort Betting Sites of 2021

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Bet £10 Get £30 in Free Bets

  • Instant deposits through Sofort
  • Generous limits
  • No fees involved
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9.8
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Bet £10 Get £10 Free Bet

  • Instant deposits through Sofort
  • One of a number of available payment methods
  • Variety of ongoing promotions
9.7

Bet £10 Get £10 Free Bet

  • Instant deposits via Sofort
  • Sofort eligible for SportingBet welcome bonus
  • Promotions for new customers and existing bettors
9.5

Up to £50 Welcome Bonus

  • Low deposit limits
  • Excellent bookie for in-play betting
  • Variety of ongoing promotions
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9.4
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Why Use Sofort                  

Also known as Klarna or Sofort Uberweisung, Sofort is an online payment system which enables users to process transactions using their bank account. Some punters are put off by the fact that Sofort requires your online banking login details to function. However, Sofort is 100% legitimate. For many, there is not even any need to make an account, with Sofort already supporting many banks. sofort betting sites

Both deposits and withdrawals are generally available at Sofort betting sites. Sofort deposits are instant, while withdrawals take between 1-5 working days. There are no fees when using Sofort, making it all the more appealing. Sofort is also a good option for punters looking for anonymity, with the name of bookmakers not appearing on statements. 

Many bookmakers’ terms and conditions mean that your first deposit made via Sofort will be eligible for a welcome bonus. This cannot be said of many e-wallets. Finally, Sofort is hugely secure. Two layer security is in play, coming in the form of a PIN code and Transaction Authentication Number (TAN). As a result, punters should have no reservations about signing up at one of our recommended Sofort betting sites.

Step-by-step Guide on How to Use Sofort for Betting

In order to deposit and withdraw funds at Sofort betting sites, a number of simple steps must be taken. While using Sofort does not necessarily mean opening an account, it is generally recommended. With that being said, the following is the process involved with depositing and withdrawing funds at Sofort betting sites:

Step 1: Open a Sofort Account

Those who hold an account with specific banks will be able to use Sofort without using an account with them. However, for most, opening an account is required and recommended. In order to do so, visit the Sofort website and complete the relevant registration form. This includes entering your personal details, including full name, email address and date of birth. Verify your new account via email in order to gain access to Sofort services.

Sofort Betting Sites

Step 2: Make a Purchase

Using Sofort means that funds are transferred directly from your bank account. As a result, there is no need to add funds to your Sofort account beforehand. 

Step 3: Select Your Sofort Online Betting Site

The next step is to sign up with your chosen Sofort bookie. Having looked at all available Sofort betting sites, register with your favourite, based on their benefits and limitations. Complete the registration form of the bookie, before verifying your new account via email once again. Take into account any potential promo codes or opt in which must be carried out at the time of signing up.

William Hill promo code

Step 4: Fund Your Betting Account

Once registered and logged in to your betting account, it is time to add funds in order to be in a position to place bets. Head to the cashier page, before selecting the cashier option. Select the Sofort option, before entering the amount you wish to deposit. Click on “Confirm” when redirected to the Sofort payment page. Enter the relevant bank details, before selecting the “Select Bank” button and then “Next”. At this point, punters must enter their online banking login details. Having completed all of these steps, bettors must then verify payments by the TAN number, received by either text or email.

Sofort Betting Sites

Step 5: How to/Can I Withdraw Funds to Sofort from a Betting Site?

Withdrawals at online betting sites are not always available. Meanwhile, for those who do offer this service, withdrawals may be processed via bank transfer. When withdrawals are available, the process is very similar to the one used when depositing funds. Log on to your betting account, before selecting accessing the withdrawal page. Once again, select Sofort as your preferred payment method. Enter the amount you wish to withdraw, based on your available balance, before entering your Sofort login details on the pop-up page. Confirm the transaction by entering your online banking login details.

Step 6: How to Withdraw from Sofort to Your Bank 

There is no need to move funds from Sofort to your bank account or chosen e-wallet platform. This is because money will be sent immediately to your bank account in 1-5 working days. 

Sofort Fees, Limits & Processing times

One of the most appealing things about Sofort is its lack of fees. Fees are generally determined by the bookies themselves. None of our recommended Sofort betting sites charge for using this payment option. As such, punters know that they will be able to bet with 100% of the cash they deposit, before spending every penny of what they withdraw. Minimum deposits using Sofort can start at as little as £5, however for the most part it is £10. When it comes to withdrawals, the minimum and maximum amount will differ between Sofort betting sites. Sofort deposits are processed instantly. Withdrawals have a processing time of between 1-5 days. 

Sofort Signup Bonuses and Free Bets

T&Cs apply surrounding all sports betting bonuses and free bets. This is why we always recommend looking into promotions for yourself before signing up and depositing. Deposits at Sofort betting sites are often eligible for some kind of reward. As you will see from our list of recommended bookies, rewards include deposit bonuses, free bets, risk free bets and extra winnings. 

Sofort Pros & Cons

Still unsure of whether to use Sofort? Based on our experiences of the payment method at betting sites, the following are the main pros and cons of Sofort:

What We Like:

  • Speed – Deposits processed via Sofort are instant. This makes the payment option perfect for those placing time sensitive bets. It also eliminates the frustrating waiting times experienced with other deposit methods. 
  • Security – Payments made through Sofort are also fully encrypted using Secure Socket Layer (SSL) technology. All payments require authenticating. Sofort is therefore completely safe to use at betting sites.
  • Anonymity – Payments made at betting sites through Sofort will not appear with the bookie’s name. This makes Sofort an appealing payment method for those looking to remain anonymous. 
  • Fees – Both deposits and withdrawals at Sofort betting sites are generally processed without incurring any fees. While this differs between bookies, this is another hugely important factor for any bettor.

What We Don’t Like: 

  • Availability – Sofort is still not widely used in the UK, meaning that the number of Sofort betting sites is still relatively small. However, as you will see from the list at the top of the page, many of the leading bookies have added it to their list of accepted payment methods
  • Withdrawals – Unfortunately, not all Sofort betting sites currently accommodate punters looking to withdraw funds. As a result, taking home funds often involves finding an alternative payment option. 

Other Popular Betting Banking Methods in The UK

Bottom Line on Sofort Betting Sites

Sofort represents one of the safest, quickest and most convenient methods of payment at UK betting sites today. Available in an increasing number of countries, the Klaran Group owned platform makes it easy to deposit funds to your betting account, as well as withdraw winnings in some cases. Our recommended Sofort betting sites are all licensed and regulated. So, be sure to check them out for yourself, before deciding which to potentially sign up with. 

FAQs

Which countries is Sofort available in?

Swedish-based Sofort is now available in 17 different countries. These include major European nations including France, Spain, Germany, Belgium, Poland, Austria, Italy, Holland, Switzerland and the Czech Republic. Sofort has also more recently been made available in both the UK and Australia.

Are there fees involved when using Sofort?

Generally speaking, no. However, this will depend on which bookie you sign up with. The vast majority will take care of any potential fees. This means that payments made by punters through Sofort are generally processed free of charge.

Can Sofort be used to withdraw winnings?

Again, this depends on the bookie. Sofort is not a payment method commonly associated with withdrawals. However, a small number of Sofort betting sites offer this payment method for both deposits and withdrawals.

What are the best alternatives to Sofort?

If Sofort is not for you, be sure to consider e-wallets including PayPal, Skrill and Neteller. Elsewhere, with credit cards now being banned for gambling purposes in the UK, the debit card remains one of the most secure methods of depositing and withdrawing funds at betting sites. Bitcoin is another increasingly deposit option, although this banking option is more commonly associated with sportsbooks, rather than online casino sites.

Can I claim a welcome bonus when depositing via Sofort?

Potentially! Bookies operate differently when it comes to their bonus terms and conditions. Some will say that deposits via Sofort are eligible, while others will state that such payments will not see punters qualify. Full T&cs apply surrounding bonuses and promotions, including wagering requirements, so be sure to do your homework first.

James Fuller

About James Fuller

About James Fuller

James is a freelance writer who specialises in the world of sports and iGaming, producing engaging and accurate content for online publications, including news articles, reviews, press releases and social media marketing.