Cash & Betting Sites

Cash_imageIt is not true that cash cannot be used to deposit funds into betting accounts online. Lots of bookmakers have in fact maintain and even grown in some cases their presence in the high street: with most of those you can use your online account also in the store which means you can place bets, make deposits and withdrawals in the same way as you would do online. So, once you have an account, you can bet in store in cash by using your online account.

Pre-Paid Cards

Some betting sites like Paddy Power do allow you to apply for pre-paid cards: with those cards, you can make immediate fee-free cash withdrawals from ATM’s but also spend in stores. Transactions are all in cash and instant, and there is no need to have a bank account. Since those are pre-paid cards the deposit limits are similar to standard ones. Below we are showing what are the betting sites where you can use cash to fund your betting activity.

Betting Sites That Accept Cash

ladbrokes 1 - Betting Sites Payment Options – Cash Ladbrokes Name: The Grid | No Of Locations: 2300+ | Min Dep: £1 | Min Withdrawal: £5 | Max Withdrawal: £1,000/Day

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Coral - Betting Sites Payment Options – Cash Coral Name: Coral Connect | No Of Locations: 1800+ | Min Dep: £5 | Min Withdrawal: £5 | Max Withdrawal: £500+

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william hill 1 - Betting Sites Payment Options – Cash William Hill Name: Cash Direct | No Of Locations: 2300+ | Min Dep: £10 | Min Withdrawal: £10 | Max Withdrawal: £5,000

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betfred 1 - Betting Sites Payment Options – Cash Betfred Name: Cash In Store | No Of Locations: 1370+ | Min Dep: £10 | Min Withdrawal: £10 | Max Withdrawal: £250+

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betfair 1 - Betting Sites Payment Options – Cash Betfair Name: Via Paddy Power Shops | No Of Locations: 130+ | Min Dep: £10 | Min Withdrawal: N/A | Max Withdrawal: N/A

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paddy power 1 - Betting Sites Payment Options – Cash Paddy Power Name: Cash Card (Plus) | No Of Locations: 130+ | Min Dep: £10 | Min Withdrawal: £1 | Max Withdrawal: £1,000

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betsafe 1 - Betting Sites Payment Options – Cash Betsafe  Min Dep: £10 | Min Withdrawal: £10 | Fees: 0% | Withdrawal Time: Up to 24 hrs

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Lots of people still want to use cash to fund their betting accounts: some players don’t like to have betting transactions on their bank statement, some don’t have a bank account, or it is based on jurisdictions that do not allow online betting. Whatever is the reason, there are lots of possibilities to still bet in cash despite having an online betting site. In this way, you will still benefit from the generous online offers and best odds.

Have Better Control Of Your Betting Activities

Another advantage of betting with cash is that you can have better control over your gambling activity: hard cash still feel more real, and it is harder to go over a £500 cash loss than an electronic loss made through a bank card. In the same way, you will feel more rewarded by holding actual notes instead of just seeing the money coming into a digital format. One of the clear disadvantages of betting with cash though is security as there is no way to get a refund if the money is lost or stolen.

But how can you fund an online betting account if the company doesn’t have a high street presence? In this situation, you would need to use pre-paid cards and voucher that can be acquired in high street shops. All you need to do is going to a store that has the PayPoint symbol, and there you can convert cash into vouchers like PaySafeCard: you can then use this to fund lots of betting accounts. Some operators like Paddy Power also offer pre-paid cards that can be used to withdraw cash without charges from ATM’s.

How to Bet Online With Cash

cash-out-iconBetting with cash was the only form of gambling allowed around 20-30 years ago. Back in the days, it was improbable for someone to walk in a betting shop and use their bank card or an eWallet service.

With the arrival of the digital era and the flourishing of many betting sites, it has become common to deposit funds using bank cards or digital ewallet services. However, even in those days, if you still wish to bet on cash online, you should be able to do it.

No Barriers To Use Cash For Betting

In the UK gambling is, so there are no barriers to using cash whatsoever. You will need to be aware the lots of high street shops to limit the amount of cash that can be withdrawn at once for the simple reason that they need to have enough money to serve the other customers. If you do however arrange the withdrawal in advance, you should be able to get higher limits.

Even those UK betting sites that allow you to bet in cash will need to verify your age and also your address: this is for any payment method and of course, also apply to cash. Generally, if you have deposited via a bank card, you will need to show the same bank card when you are withdrawing in cash.

How To Make Cash Deposits Into A Betting Site

BookmakerMost of the betting sites that allow deposits in cash will firstly make you register for their cash product first (for example Coral Connect card). This will allow you to deposit in cash into your betting account. Other bookmakers like Betfred will just ask you for your online account details and let you make your cash deposit. Since every betting site has their own rules when it comes to cash deposits and withdrawals is best to check our individual betting site reviews where we do provide further details.

Register An Account With A Betting Site As Usual

Basically, you just need to register an account with a betting site as usual. In doing so, you will guarantee yourself the generous welcome offers bonus and also the ongoing existing customers’ offers. Online betting sites are able to offer much better promotions compared with shops as they have fewer costs to sustain compared with a website. So in joining online, you will take advantage of the best value offers and still have the opportunity to bet in cash.

How to Bet Online With Cash

Betting with cash was the only form of gambling allowed around 20-30 years ago. Back in the days, it was improbable for someone to walk in a betting shop and use their bank card or an eWallet service like Paypal.

With the arrival of the digital era and the flourishing of many betting sites, it has become common to deposit funds using bank cards or digital ewallet services. However, even in those days, if you still wish to bet on cash online, you should be able to do it.

Tax-Free

In the UK gambling is, so there are no barriers to using cash whatsoever and it is tax-free. You will need to be aware the lots of high street shops to limit the amount of cash that can be withdrawn at once for the simple reason that they need to have enough money to serve the other customers. If you do however arrange the withdrawal in advance, you should be able to get higher limits.

Even those UK betting sites that allow you to bet in cash will need to verify your age and also your address: this is for any payment method and of course, also apply to cash. Generally, if you have deposited via a bank card, you will need to show the same bank card when you are withdrawing in cash.

How To Make Cash Deposits Into A Betting Site

Once you have made a betting account with the bookmaker merely go to one of the shop cash in hand and remember to bring your account number. You can then go to the cashier and ask for the money to be deposited into your online betting account: almost immediately the credit should appear in your online account.

How To Withdraw from an Online Betting Account In Cash

As you would expect when withdrawals are involved there is a bit more security that you would need to go through. This is understandable as you wouldn’t want anyone going in the shop and withdrawing cash from your account!

You would first need to register for withdrawals: you will be given an access card or a specific pin number/password which will be in addition to your usual login details. Every bookmaker has different terms in regards to maximum withdraws, but this is, as mention, a measure to avoid that shops will run out of cash.

Security

If you are willing to withdraw more than the limit you can always contact the bookmaker and ask them to stock enough money so that the shop will not run out. This is the same when you get a big win in the betting shop, and there isn’t in that moment enough money to cover: you will be asked to be back the following day to get your win. Some bookmakers also permit you to register for a cash MasterCard that will allow you to withdraw your winnings without any fees from ATM’s or to use the amount online or in store. You can find info on bookmakers cash offering in our betting site review section.

Cash Betting: The History

moneyBetting in cash goes as far back as cash. Only in recent times, money has become to be substituted by other means of payments like the bank card, e-wallet and so on. Even with all those opportunities, cash is still preferred by some as it does guarantee full anonymity.

In the UK cash betting was initially only allowed at some racing tracks. Unless you were betting on the football pools, it was not possible to place cash bets unless you were on track. In 1961 the legislation was relaxed, and off-site betting with cash was allowed in betting shops: since then you were able to bet on money but only if the bookmaker was fully licensed.

Countries Where It IS Allowed To Bet With Cash

Cash is generally used for betting purposes across the globe. The main difference though that while in some countries you are legally allowed to do so as long as you are gambling with a licensed operator (like in the UK) in others you are not allowed to bet at all, cash included.

There are also mixed scenarios like the US where cash betting is only permitted in licensed casinos and some states. In the UK you can either bet in the shop or online and cash betting is widely accepted. Not all the betting sites have shops so some might not offer the opportunity to bet on cash as others, although as we have seen it is still possible to bet on cash with those operators that do accept pre-paid vouchers or cards.

Is it Secure To Bet on Cash?

Cash SecureThis is the main problem of betting with cash. Without any doubts, cash is the least secure form of payment as it leaves no trace. If you lose your cash or it gets stolen, it is gone, so it is essential that you take all the necessary steps to avoid problems especially when depositing or withdrawing a significant amount.

There are ways to make cash payments more secure, and one is to use card services like PaySafeCard: those will allow you to convert money into vouchers that can then be used to fund your online betting account or to buy online goods or services. If you have registered for this service and you lose either the card or the voucher, you can cancel it, and this gives a bit more security than plain cash.

Cash Fees

You will have no charges when depositing or withdrawing in cash with any serious betting site. If a bookmaker tries to charge you a fee than it is time to start betting with another company.