Czech Koruna Casinos
The Czech Republic is one of the few European Union countries not to formally adopt the euro. While they are “legally required” to adopt the euro in the future, for the time being, the Czech koruna is the currency of the country. Naturally, all legal and licensed Czech casino gameplay uses the CZK currency. However, as this country does not adequately block offshore and international betting sites, euros are commonly used to bet online in the Czech Republic, too.
As with most currencies, there is a straightforward system behind Czech koruna. 100 haléřů (100h) forms 1 koruna (Kč). Like Scandinavian countries that also use “crowns”, the lower denominations have officially been withdrawn, although their prices are still present in products. However, when it comes to online gambling, a single koruna is the lowest denomination available.
Casino List with CZK Currency
About Czech Koruna in Gambling
After joining the European Union (2004), the Czech Republic planned to join the euro in 2010. However, in 2005, they pulled out of that plan. As only 16% to 20% of Czechs supported swapping the koruna for the euro, the koruna is the currency of choice for Czech internet bettors.
Online Gambling in the Czech Republic
The Czech Republic has fully open online gambling laws. All games of chance are legal, assuming that they are aimed at Czech players and are regulated out of the Czech Republic or another EU/EEA state. Of course, they also must obtain a Czech gambling license from the Ministry of Finance too.
Any Czech koruna casino must offer its services to Czech players in the Czech language. Moreover, users must be 18 or older, and there are caps on what can be deposited. No more than Kč 5,000 (€195) can be deposited and bet within any 24-hour period. On top of that, Czechs must use an approved payment provider. The Czech authorities do try to block access to offshore and international casinos that do not play ball, but their blacklist is relatively tame, even if the prospect of facing a Kč 50,000,000 (€1.96m) fine has put some operators off.
Popular Deposit and Withdrawal Methods with CZK
You can expect to see the same sorts of payment methods at CZK online casinos as you will find in other EU member states. Most major payment providers accept Czech koruna, and we have detailed the best of those most found at Czech casinos for you below:
- Credit/debit cards (VISA and Mastercard, mainly)
- Bank transfers (those processed using local banks such as ČSOB and Česká Spořitelna are ideal)
- Prepaid vouchers (such as Paysafecard)
- E-Wallets (Skrill is widely accepted at CZK casinos)
Czech koruna casinos tend to have caps on what you can deposit, but withdrawal limits are flexible. Moreover, transaction times are deemed fair, with minimal to no transfer fees added on top.
