Best Yandex.Money Bookmakers in 2023

Account Funding at Bookmakers through Yandex Money

The popularity of online sports betting is growing every year. An important aspect of online betting development is the convenience of bookmaker deposit and withdrawal methods. Bookmakers generally offer at least five ways of depositing funds.

The Popularity of Yandex Money

The Yandex Money electronic payment method has been operating since 2002. In its 18 years of operation, the service has become the third most popular in Russia when it comes to paying for goods online. 50 million users have Yandex Money e-wallets. They can use an e-wallet, mobile application, virtual and plastic cards.

Legal bookmakers offer the Yandex Money service for depositing and withdrawing funds.

How to Create an E-wallet Account

Signing up for a Yandex Money account is free and takes 5 to 10 minutes. An e-wallet is created automatically when registering for a Yandex mail account.

Your automatically generated e-wallet receives the “Anonymous” status. The payment system has two additional statuses : “Personalized” and “Identified”. Their wallets differ in maximum account balances and payment limits: 15,000, 60,000, and 500,000, respectively. To obtain the “Personalized” status, you have to give your passport details. The “Identified” status is granted after your identity is confirmed. You can top up your account in Sberbank, mobile phone stores, or a Yandex Money office.

Account Funding

Yandex Money offers a broad range of ways to replenish your e-wallet account. To do this, you can use one of the following methods:

– Transfer funds from a bank card or phone number linked to the bank card. The service supports transferring funds from VISA, Maestro, MasterCard, JCB, and MIR cards.

– Transfer funds from a mobile phone account linked to your e-wallet.

– Transfer funds from a card by using Sberbank Online.

– Make cash deposits at mobile phone stores, ATMs, and other locations of payment terminals.

– Transfer funds from other e-wallets.

The transaction fees depend on the payment method. The most popular options are cash and via Sberbank Online. In the latter case, there are no transaction fees.

Deposits and Withdrawals at Bookmakers

You can make deposits or withdraw your earned money in your Yandex Money account on the bookmaker’s website. Select Yandex Money in the payments section and confirm your e-wallet number.

When withdrawing funds into your personal account, transaction fees are paid by the sportsbooks, so the transfers are instantaneous, with no extra expenses. When withdrawing money, the player may pay a fee of 0.5%, depending on the bookmaker. The minimum deposit amount is specified in the bookmaker’s rules and usually ranges between 300 and 500 rubles.

Yandex Money Benefits

Advantages of this service are high deposit and withdrawal limits, a wide range of ways of replenishing an account, instant crediting to an account, and minimum fees for online transactions. The only downside of Yandex Money is the limit of 10,000 rubles for cash withdrawals without fees. For higher withdrawals you’ll pay 3% of the amount, but not less than 100 rubles.