Life after the credit card ban
The Gambling Commission recently announced a ban on the use of credit cards for gambling in Britain.
The ban, due to go into effect on April 14, follows the Commission’s independent review on online gambling, as well as the government’s study on slots and life-saving measures of social responsibility. Between August and November 2019, a public consultation was carried out.
24 million suspected adults are believed to be playing in Britain alone, with 10.5 million of those players doing so online. UK Finance now estimates that 800,000 * players like to place bets with credit card bookmakers in the UK. Separate research conducted by the Commission finds that 22% of online gamblers opting for credit cards to gamble are classified as problem gamblers – with an even higher risk of danger. The ban, which should apply to all offline and online gaming products excluding non-remote lotteries, aims to provide an important additional layer of protection for those who are vulnerable.
According to Neil McArthur, chief executive of the Gambling Commission, some of the concerns with credit card gambling include potential financial harm. We hope the ban will help minimize the risk of more players betting with funds they don’t have. For similar reasons, there is no non-Gamstop casinos accepting PayPal for self-excluded players. The question that many gamers may be asking themselves is what alternatives to credit cards are available for gambling transactions. Here’s what you need to know:
Casinos with cash deposit
The ability to pay real money to an online casino account (and also to withdraw money) was previously limited to prepaid cards and vouchers, like Paysafecard (originally called UKash), among others. Yet today, a few of the well-known UK bookmakers now allow players to deposit and withdraw funds from an online casino account through a local bookmaker. This is possible by using a special card, which is visibly similar to regular bank cards.
UK casinos accepting cash deposits
While customers can only use cash deposits and withdrawals when visiting larger online casinos, most close-ups now allow their customers to do so, and it’s very simple. Below are some helpful details on how you can use this payment system.
How To Use Cash Deposits At Online Casinos
If you frequent a Main Street bookie and prefer to use cash for deposits to your online casino account, rather than using a debit card, all you need is a “casino card”. First, we take a look at how you can get one of these casino cards, using a generic example. You need this card instead of your bank’s due to the UK credit card ban. Nonetheless, it is good to note that specific bookmakers may have specific registration processes that differ slightly, but we can rely on the general idea of being consistent with all well-known bookmakers.
First, players will need to visit their local bookmakers. Once at the counter, request the creation of a store / online card account and provide the required information to the store clerk. It is good to have your ID on hand, as you may need to show it to the cashier before creating your account. Once the cashier enters your information, you will be offered a card that is very similar to a debit card in appearance, and will include your membership number. That’s it! Your casino account has now been created. Now you can load funds to your casino card over the counter with cash, or just load from your bank card.
First of all, once you have logged into your casino account, choose the “Pre-Paid Bookmakers Card” option from the filled list. Type in the amount you wish to deposit, type in your membership number (any other card details can be requested), then click Submit.
Assuming your casino card has been funded, that’s it. Your money will now be visible in your online casino account and will be instantly debited from your card. It’s very simple and, thanks to this smart technology, you can now opt for cash payment at your local bookmakers, and even play with it at the online casino of your choice in minutes.
Withdrawing via this method is usually as easy as depositing, and the important advantage of making withdrawals with your bookmaker’s card is the possibility of obtaining the funds in cash. Plus, there’s no need to wait 3-5 days like you would in cases where you withdraw with a debit card.
To get started, visit the Banking section of the online casino of your choice and choose the withdrawal. Select Bookmaker’s Card as the withdrawal channel, choose the amount you want to withdraw and submit it.
Once your online casino has processed your withdrawal, the funds will be immediately available to you via your card and can be used in stores, for bets, to play FOBT, or even to get cash at the cashier. .
(This is a sponsored article)