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Betting Sites That Accept Cheques

Cheque Betting SitesIn this section I’ll show you the best cheque friendly betting sites and by this I mean bookmakers which accept cheques as a deposit method from their punters. It’s not a very common deposit method as it takes so long to process but nevertheless it’s still available and used by a minority of punters.

Below you’ll find a list of the best cheque friendly locations and the free bets they offer to new punters.

List of Cheque Friendly Bookmakers

New Customers only. Up to £100 in Bet Credits. Sign up, deposit £5 or more to your account & bet365 will match your qualifying deposit in Bet Credits when you place qualifying bets to the same value and they are settled. Min odds/bet and payment method exclusions apply. Returns exclude Bet Credits stake. T&Cs, time limits & exclusions apply.
New online customers only, min £10/€10 stake, win only, min odds 1/2, free bets paid as 3 X £10/€10, 30 day expiry, free bet/payment method/player/country restrictions apply. Full T&C's apply.
New customer offer. Place 5 x £10 or more bets to receive £20 in free bets. Repeat up to 5 times to receive maximum £100 bonus. Min odds 1/2 (1.5). Exchange bets excluded. T&Cs apply.

*Info accurate as of 20-11-2019 for the UK market.

Comparison

Bookmaker Min Deposits Withdrawals Fees
William Hill £10 10 days 10 days 0%
Ladbrokes £10 1-21 days 1-3 days 0%
Betfair £5 3 days 30 days 0%

There are so many different ways to pay today, ranging from credit cards and debit cards through to direct bank transfers, and of course the specialised payment companies such as PayPal and Moneybookers. If all else fails, you can also pay with cash via a voucher system such as UKash. There is one other payment option however that is slowly becoming obsolete, but is still available to consumers, and that’s the lowly cheque.

Cheques are perhaps the oldest form of payment other than a cheque, and are basically an I.O.U. from your bank to pay someone else. They are hardly used at all today however, and the sight of someone filling out a cheque at a high street store is almost unthinkable. So why should you use a cheque for paying something online?

Using a cheque for an online venture such as topping up your account would be a time consuming process. Not only do you have to write it out, it then has to be sent via snail-mail to the company, who then have to expend human resources to process the cheque and credit your account. When there are perfectly good, instant services that can work almost automatically, using cheques seems extremely old-fashioned, and downright Jurassic!

If you really do feel a need to use an old-fashioned cheque however, make sure your bookmaker will accept them. Some bookmakers don’t take cheques or any form of postal payments.

How to Use Cheques For Gambling Online

The first thing you need to do if considering to top up your gaming account by cheque is to find out if your selected bookmaker will actually accept them. Many will, but some won’t, as processing cheques can prove costly in terms of manpower.

If your bookie is happy to accept cheques however, then it’s a simple matter to use one. Just find out the company name to make the cheque payable and fill out the cheque as you would normally. It’s usually a good idea to put your bookmaker account number on the back of the cheque, as this will help identify it should it become separated from any documentation you sent with the cheque. It’s a good idea to send a covering letter or a compliment slip, as bits of paper in envelopes tend to get lost in a busy accounts office. You should also write your cheque guarantee card number on the back of the cheque, but remember that only cheques up to the value of your card are actually guaranteed. Most cards guarantee cheques up to £100, with some £50 and some £150. The exact value depends on your bank.

Remember that if you do decide to use one of the sites above, it will take a day or two for the cheque to arrive through the post. On top of that, it may take a day for your bookie to process the cheque, and then after that it can take three to five days for the bank to do it’s part, and remember these are working days, not actual days. So if you send your cheque on a Thursday, chances are it may not be submitted to your bookmakers’ bank until the following Monday, and then it could be five days from then before your account is credited.

You may be thinking… this all takes a long time and why should I use cheques? You’d be right to think this, as most banks don’t even issue cheque books these days, and the debit card has made them all but obsolete. If you have a debit card, use that instead on your bookmaker’s website, and you can get funds credited to your account straight away.

Cheque Security Online

SecurityCheques cannot be considered as an “online” payment method, as they are physically written out and posted to your bookmaker. Therefore the usual rules about online security are just as obsolete as the cheque itself. There are a few security measures you should take into consideration however if you do decide to send a cheque through the post.

Your cheque surprisingly can tell a criminal quite a lot. Your account number, your bank’s sort code, and your name are all visible, and if you have written your cheque guarantee card number on the back, then this information is vulnerable too. It’s always a good idea to place a cheque inside a couple of sheets of blank paper before inserting it into the envelope. This way if the envelope is held up to the light, it won’t be quite so obvious it’s a cheque.

Don’t forget also to write the word “only” after the written amount on the cheque. If you use cheques a lot then this will be fairly obvious, but to the casual cheque-writer, this omission can leave you venerable if an unscrupulous person decides to add a couple of zeros to the amount.

It’s just as safe to use an online payment method as it is to use a cheque and send it through the post.

Cheque History

Cheques have been around a long time; almost since the banking system came into operation. It’s probably one of the oldest forms of payment apart from cash itself.

The earliest cheques in the modern form of banking were in use in the 17th century. Back then, they were called drawn notes, and then after that they were called bills of exchange. Regardless of the term used, they were instructions from the bank to pay someone else.

After a few years of use, in an effort to prevent fraud, bills of exchange were printed onto cheque paper, and were individually numbered. This is where the term “cheque” originated, and is why we call them cheques today.

In the 19th century, chequebooks were given to important bank customers, so they could write their own cheques, rather than visiting the bank to have one prepared.

Fees Associated With Using Cheques

Cheques are a slow and antique way of transferring money; there are very rarely any fees involved in using them.

You’re much better off choosing a different deposit method.

Author: David Lenton

David Lenton
David 'the Cheeky Punter' Lenton is an ex professional online sports bettor and trader with over 15 years of experience in the industry. He has also worked for a number of top bookmakers including Bet365, Ladbrokes, William Hill and Coral. With such a long time spent dedicated to the gambling industry no one is better placed when it comes to advising punters. Follow on Twitter @thecheekypunter