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Casino Deposit Methods for Danish Players

A. Antonova (editor)

Denmark Online Casino PhotoDenmark’s remote gambling market has been thriving since the country’s government passed laws to legalize online casinos and sports betting in 2012, putting an end to the monopoly of the state-owned Danske Spil. Market analysts anticipate the local online gambling industry to witness further growth in the years to come, projecting $1.33 billion in combined annual revenue by 2028. Private gambling companies interested in legally servicing Danes must first obtain licenses from the local regulatory body, the Danish Gambling Authority (Spillemyndigheden).

Over 40 sports betting and casino operators are currently authorized by the watchdog, including prominent brands like Betfair, LeoVegas, SkillOnNet, and Unibet. Still, the range of locally licensed gambling sites is somewhat limited compared to other mature markets. Because of this, many players prefer to take their betting action to online casinos that lack local licenses but operate under the frameworks of foreign regulators.

Many foreign-licensed gambling operators gladly accept bets from Danes and cater to their needs with payment methods that support transactions in their local currency, the Danish krone. Denmark-friendly casinos offer a variety of trusted payment methods players from the country can use to deposit into their casino accounts, including popular options like Klarna and Nordea. Depositing Danish players will also benefit from a broad range of promotional incentives and we cover them all in today’s article. But before we get there, let’s say a few words on the current gambling regulatory climate in the country.

Online Gambling Legislation Climate in Denmark

Regulating online gamblingUntil recently, the national lottery operator Danske Spil was the only entity with a valid license that could legally offer online gambling services to Danes. The year 2012 saw the end of Danske Spil’s monopoly and Denmark became one of the first Nordic countries to liberalize its gambling market.

The enforcement of the 2012 Gaming Act legalized all forms of remote gambling in the country, allowing private foreign and local companies to apply for licenses from the Danish Gambling Authority. This legislation regulates various products, including lotteries, sports betting, casino games, bingo, and fantasy sports. Licensed online casinos can legally offer blackjack, peer-to-peer poker, roulette, baccarat, punto banco, slots, and live dealer games. The 2012 market liberalization was only partial, however, as the state-owned Danske Spil retained its monopoly on the legal provision of lotteries in Denmark.

Created in 2012 after the passage of the Gaming Act, the Danish Gambling Authority (DGA) has so far issued licenses to 43 online sports betting and casino operators. The body is tasked with monitoring for regulatory compliance, collecting taxes and application fees, ensuring high levels of consumer protection, and combating illegal gambling. License application fees range from 60,900 DKK to 426,300 DKK, depending on the type of permit issued and the annual gross gaming revenue of the applicants.

Online sports betting and casino licenses expire after five years, with the option for renewal. There is no cap on the maximum number of permits the DGA can issue. Licensed online casinos and sportsbooks are taxed at a 28% rate of their monthly gross gaming revenue. In addition to this tax, the operators must contribute an annual fee for their licenses that ranges from 60,900 DKK to 5,481,000 DKK. Danish players themselves are not taxed on their gambling winnings.

The DGA takes player protection and gambling harm minimization very seriously. Licensees must ensure only customers of legal gambling age (18+) have access to their products and verify their identities before any gambling on their websites takes place. Players can complete their verification during the registration process with their digital IDs (MitID) or by sending copies of their identification documents to the gambling operator.

Danes registered at DGA-licensed gambling sites must also set mandatory limits on their monthly, weekly, or daily deposits before they can start placing bets. Taking a short 24-hour break is also an option for Danish players and so is enrolling in the national self-exclusion scheme ROFUS, which covers both landbased and online gambling. Temporary exclusion is possible for one, three, or six months, although problem players can also permanently exclude themselves from gambling participation.

Blocking the domains of unauthorized casino and sportsbook operators is the most common form of regulatory enforcement in the country. Over the past decade, the DGA has been consistently demonstrating its unwavering commitment to hindering illegal operators. The regulatory body frequently requests court approvals for the ISP blocks of unauthorized gambling sites. The regulator’s most recent victory in its fight against unauthorized gambling took place in late February 2024 when the District Court of Næstved approved its order to cut off the access to 83 sites that were illegally targeting Danish gamblers. The latest enforcement action brought the number of blocked gambling sites in the country to 359.

Persons who operate unlicensed gambling websites or landbased venues within the territory of the country run the risk of being fined or even imprisoned for up to two years. That being said, Danish players are not actively persecuted for registering and betting on offshore gambling websites.

Denmark’s Top Casino Banking Methods

Banking MethodsDanish players cannot complain of lacking payment options as they have a choice from a variety of trusted e-wallets, prepaid cards, and third-party payment gateways. When choosing a casino deposit method, Danes should factor in several things, including waiting times, processing fees, and security. On a side note, it is worth mentioning that cash deposits to remote gambling accounts are prohibited under the Danish Gambling Act.

Many of the banking options suitable for Danish players are widely available at Denmark-friendly online casinos and facilitate payments in the local DKK currency. Most of the methods covered in this article can be used for deposits and withdrawals, with Klarna and Nordea being two of the best options for Danish gamblers.

Credit and Debit Cards

Credit / Debit Card Casinos DepositCredit and debit cards rank among the most common methods Danes use to top up their online casino accounts. Cards enable fast, secure, and hassle-free transactions, not to mention most people are familiar with them and have already used them at one point or another. Deposits conducted with a credit or debit card take place in real time, enabling players to jump into the betting action right away.

Another reason why cards are a popular payment option is that they enable players to move larger amounts to and from their real-money accounts. Cards are also largely considered one of the safest ways to conduct online money transfers, not to mention they give players instant access to their gambling funds. You can withdraw your gambling winnings from the nearest ATM whenever you want.

The majority of gambling operators work with established card brands like Mastercard, Visa, Maestro, and American Express. Many players from Denmark prefer to use their local Dankort debit cards which are supported at most online casinos that work with Visa. Most Danish-friendly casinos do not charge additional processing fees for card payments.

With that said, some card issuers might enforce extra charges on international payments but the amounts vary across banks. We advise Danish players to contact their card issuers no matter what brand of card they use and request additional information on transfer fees.

Nordea Online Banking

Nordea Casinos DepositsNordea is a long-standing financial services provider with headquarters in Sweden’s capital, Stockholm, but it also services consumers from over 20 other countries, including Denmark, Norway, Finland, Estonia, and Poland. The company was established in 2000 after several of the largest banks in the Nordic region merged.

The number of branches currently operated by Nordea exceeds 320 and more than 9 million private customers are using the company’s services. This is also one of the most popular payment services on the Danish market, with more than 1.7 million household customers in the country.

There are two ways to deposit into your online casino account if you are a customer of a bank affiliated with Nordea. The company issues Mastercard-branded credit and debit cards that are commonly accepted by many gambling operators. Danes who pick this as an option must provide their card details, along with the desired deposit amount and confirm the payment for an instant money transfer to their casino accounts. However, some Danes are unwilling to reveal their card details to online casinos, while others have no cards whatsoever.

Nordea is more popular for its online banking platform but to use this option, Danish players must hold an online banking account with a supported financial institution.

Depositing through Nordea’s platform is a simple enough process as one only needs to click on the method’s logo in the casino’s cashier. The player is redirected to the online banking platform’s log-in page where they can sign in with their MitID, Nordea User ID, or Nordea QR code. They must then follow the instructions provided by the Nordea system and confirm the money transfer.

Each payment is authenticated with a one-time access code whose purpose is to make transactions as safe as possible. Another benefit of using Nordea is that funds are credited to your online casino balance without any delays, enabling you to start playing for real money right away.

Anonymity is an additional benefit that results from using this payment solution. You are not revealing any sensitive information to the casino as transactions are initiated within the safe online banking environment of your bank. All details concerning your transactions are disclosed only to the Nordea-affiliated bank whose services you use. Nordea payments can be conducted in several currencies apart from DKK. These include EUR, GBP, SEK, PLN, and USD.

Danes who consider using Nordea should bear in mind that some online casinos do not return withdrawals to this payment method. You can normally receive your winnings via a bank transfer in this case. Of course, those who have deposited with a Mastercard-branded card issued by a Nordea-affiliated bank will experience no issues with cashing out their winnings.

Klarna Online Banking

Klarna Casino Payment Method Klarna is a Swedish-based financial services provider that acquired rival payment company Sofort in 2014. Klarna currently boasts over 150 active customers across 45 countries, including Denmark. The payment solution is accepted by more than half a million merchants and online gambling operators worldwide, so finding a Dane-friendly online casino that works with Klarna should be fairly easy. Other core Klarna markets include Finland, Norway, Belgium, Switzerland, Great Britain, and the Netherlands.

Danish players favor Klarna as a payment option since it enables them to process quick and hassle-free deposits directly from their online banking accounts. The method functions similarly to Nordea. Deposits are initiated by selecting Klarna in the casino’s cashier system and entering your preferred deposit amount.

The player is then transferred to their bank’s online banking portal where he or she must enter their login credentials. The deposit is confirmed with a verification code sent as a text message. Payments go through immediately after confirmation, which makes Klarna a time-efficient and highly convenient casino deposit method.

Another advantage of using Klarna is that it gives you a choice from different payment options such as Pay Now, Pay Later, and Slice It where you can split your payment into several increments. Similarly to Nordea, not all online gambling operators that accept deposits with Klarna support withdrawals with this method. We recommend you check this beforehand and consider using an alternative payment method if Klarna is unavailable for withdrawals at the online casino you are interested in.

Apple Pay

Apple Pay Casinos LogoMany locally licensed gambling sites support transactions with Apple Pay, a mobile wallet developed specifically for Apple devices that enable biometric authentication through fingerprint or facial recognition. This includes iPhone 6 and above, Apple Watches paired with iPhone 6 and up, iPad Pro, iPad Air, and more. Players can even initiate Apple Pay deposits on newer Mac laptops that support the Touch ID functionality.

Newer iterations of the iPhone come with preinstalled Apple Pay apps, sparing Danish players the hassles of downloading them from the App Store. New users must first create Apple Pay accounts and connect their credit or debit cards to the mobile wallet. To do this, they must select the card they wish to link and follow the on-screen prompts to connect it. It is worth mentioning that not all card issuers support transactions through Apple Pay, so you better confirm that yours does in advance.

Casino deposits with Apple Pay reflect instantaneously in players’ balances and usually do not incur additional processing fees. Keep in mind that some online gambling operators do not process withdrawals back to Apple Pay, although cashing out your winnings with this method is generally possible. Many Danish players favor Apple Pay over similar banking solutions as the method greatly reduces payment friction and facilitates streamlined transactions safeguarded by state-of-the-art security features.

Paysafecard

PaySafeCard Casinos SecurityPaysafecard is another suitable alternative for Danish players and is highly recommended for small-scale gamblers who either have no credit cards and bank accounts or are simply unwilling to use them for gambling purposes. Paysafecard is a prepaid method that is available in more than 50 countries. The payment company offers vouchers players can purchase at thousands of landbased locations, including many gas stations, retail shops, and kiosks. Purchasing one’s voucher is also possible online on the method’s official website.

Danish gamblers can buy vouchers of four denominations, namely 100 DKK, 300 DKK, 500 DKK, and 1,000 DKK. Each Paysafecard voucher comes with a unique 16-digit code and this is all you must enter when initiating online casino deposits. For many Danish gamblers, the high levels of safety and anonymity are the biggest advantage of using Paysafecard.

Players looking to process larger deposits can combine the codes of several vouchers in a single payment. If you have any remaining balance in your vouchers, you can use it for future deposits, if sufficient. Danish players can also register myPaysafecard accounts and top them up with their purchased vouchers. This also enables them to track their available balance and request withdrawals back to their myPaysafe accounts. You can use the available funds for future casino deposits or withdraw them to your bank account via a bank transfer.

Payments with Paysafecard are processed at no additional cost for the players and offer an exceptional level of security since the vouchers eliminate the need to share any of your information with the online casino.

E-Wallets

e-walletsPlayers from Denmark also have a choice from several popular e-wallets like Skrill, ecoPayz, and Neteller. Some gamblers consider these options less convenient because they require setting up an account before deposits can be initiated. Once you register, you must verify your e-wallet account by sending copies of your personal documents. This will also increase the spending limits of your e-wallet.

Verification is required for security reasons as a measure against fraud and identity theft. After the registration process is complete all three e-wallets must be topped up, with players having a choice from debit/credit cards, standard bank transfers, and a host of other payment methods.

Hundreds of online casinos work with the e-wallet ecoPayz (recently rebranded as Payz), which poses a convenient and trusted solution that enables online payments in more than 40 currencies, including DKK, GBP, USD, EUR, CAD, NOK, and SEK. The trustworthiness of this e-wallet is further consolidated by the fact it is regulated by the Danish Financial Supervisory Authority (Finanstilsynet).

The method is supported for instant deposits and time-efficient withdrawals across a wide range of Dane-friendly casinos. In addition to its e-wallet service, ecoPayz offers a variety of other payment products, including virtual and plastic debit cards. These are available in a limited number of currencies, though, as the only options are USD, EUR, and GBP.

Skrill has established itself as one of the most popular e-wallet services in the world, enabling its customers to send and receive money globally in over 35 currencies, including DKK. The method is accepted at more than 500 online casinos, which renders it one of the most widely used payment solutions for gambling transactions in the world.

Another option for Danish players is to set up accounts with the rival e-wallet provider Neteller. The latter was created in 1999 but has greatly expanded its operations since then, reaching customers in over 200 countries and enabling them to carry out fast transfers without exposing their personal or financial information to risk. Neteller offers a user-friendly website that supports 15 languages, including Danish, which works to the benefit of Danes who are not fluent enough in English.

Bonuses Geared Toward Danish Casino Depositors

Slots Free SpinsCasino players from Denmark can participate in a broad range of promotional incentives, including sign-up offers, reload bonuses, free spins, prize draws, cashbacks, and loyalty programs based on collecting comp points. The DGA imposes restrictions on the bonuses granted by its licensees and their terms as a means of minimizing gambling harm. Locally licensed online casinos cannot offer bonuses whose average value surpasses 1,000 DKK. This threshold applies to all promotional offers available to new and returning customers from the Danish market. Restrictions are also in place on the maximum wagering requirements licensees can attach to bonuses.

The playthrough cannot exceed 10 times the value of the bonus and its triggering deposit, which is quite low compared to the wagering requirements of many offshore gambling operators. All games available for play with active bonuses must fully contribute to clearing the playthrough, i.e. they must have a 100% weighting toward bonus wagering. DGA-licensed casinos must also grant Danish customers at least 60 days to fulfill the playthrough, which is yet another regulatory requirement that works to the advantage of gamblers from the Nordic country. The terms and conditions must be the same for all players eligible for participation in a given promotional incentive.

Of course, these requirements apply only to locally licensed casinos. Offshore gambling operators often offer bonuses with higher wagering, differently weighted games, and shorter validity as they are outside the regulatory scope of the DGA. We recommend Danish players always check the terms and conditions of their chosen casinos before registering and claiming bonuses to ensure they are favorable and easy to satisfy.

Back to the available bonus types, Danish players can usually start with a welcome bonus that involves a first-deposit match or free spins, sometimes even both. We would like to warn Danes that certain online casinos disqualify deposits via Skrill, Payz, and Neteller from redeeming welcome offers as a result of frequent bonus abuse by players using these e-wallets. Thankfully, there are plenty of other payment methods local players can use for the purposes of bonus redemption.

Apart from the wagering requirements, Danes should pay attention to the minimum deposit amount required to obtain a bonus. Customers who deposit less than the stipulated minimum will have their first deposits processed without receiving the extra credits.

Another condition to be wary of has to do with the excluded games and the maximum bet restrictions. In some cases, bonuses are granted only for play on certain titles and if you bet bonus credits on an excluded game, you automatically have your bonus forfeited. Maximum bet restrictions are also in place whereby individual bets and free spins cannot exceed a specific threshold with active bonuses.

When selecting a bonus at offshore casinos, Danish players should also check the validity period of the offer they are interested in. If the wagering requirements are too steep, the players may not be able to cover them in the designated time and will lose their bonus-associated winnings.

Many gambling operators are more than happy to treat Danish players to reload bonuses on subsequent deposits. Cashbacks, where the player has a percentage of their losses restored to them, are also commonly available. Danes may also be rewarded for their play with comp points as part of the casino’s loyalty program, with the option to exchange them for various perks, including faster withdrawals, higher deposit limits, free play, withdrawable cash, and personalized customer support.

Denmark Casino Payments FAQ

All of the deposit options we have recommended above allow for instant deposits, with the funds hitting your casino balance within a few seconds. Most gambling operators would also accept deposits via bank transfers and checks but we recommend against using these methods since they are more time-consuming, taking up to 10 business days, sometimes even more.

The banking details of Danish players are secure as long as they have registered at a trusted and regulated casino with a valid license. The sites recommended by CasinoGamesPro all operate under the licensing and regulations of respected authorities, including the DGA, so you cannot go wrong if you choose one of them. These reliable casinos protect their customers’ information with SSL encryptions, making it impossible for malicious individuals to intercept any sensitive data during transmission. What is more, the catalogs of these trusted casinos have been tested by accredited auditors to ensure fair play.

It all depends on the gambling operator and the method you use to cash out. <strong>The withdrawal request must be evaluated and approved by the financial department of the casino</strong> – a process that may require up to 72 hours in some cases. In our observations, Danish players rarely wait more than 5 business days when they cash out with some of the above-listed banking methods.

This depends entirely on the online casino a Danish player is gambling with. Some online casinos use the so-called manual flushing where the requested funds are “flushed” out of your account’s balance for good, making it impossible to reverse the payment if you get tempted to play with your winnings after requesting to cash out. Some casinos may agree to flush your withdrawal upon request if you are a loyal customer.

However, many gambling operators have adopted the practice of having customers’ withdrawals pending until approved, making the reversal of the payment possible. This is all good if you can control yourself but unfortunately, some players reverse their withdrawals and continue gambling with their profits out of sheer boredom. Our advice to Danes is to choose a manual-flushing casino, just to be safe.

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