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Cheque

Cheques have their origins in the ancient banking system and have been prevalent as a payment method up until the last 10-20 years, since when financial technology has taken over and opened up a dearth of options for customers both on the high street and online.

Despite its relative drift towards obscurity, many bookmakers still accept cheques as a method of deposit, and some individuals do still prefer to use them. Keep reading to learn the advantages and disadvantages of doing so.

Top Bookmakers That Accept Cheque – December 2022

4.6/5
Rated by 219 users
Claimed by 742 people this week
Get up to €50 in Bet Credits
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

VISA
Master Card
eWallet
Maestro

Average Payout Speed

0 – 24 Hours

Currencies

  • EUR
  • GBP
  • SEK
  • World's favourite online betting company
  • 24/7 chat and phone support
  • Mobile app for both iOS and Android
  • Large selection of banking options
  • Wide range of sports to choose from
  • Few promotions for existing users
4.6/5
Rated by 312 users
Claimed by 638 people this week
Welcome Bonus up to €50
Terms and conditions: New Customers only; Min. deposit £15 (no Skrill/Neteller); Bonus amount is 100% of deposit up to £50; Welcome offers are limited to one per person, family, household address, email address, telephone number, same payment account number (e.g. debit or credit card, Skrill and etc.), shared electronic device (e.g. school, public library, workplace, mobile phone) and shared IP; Wager the qualifying deposit and bonus amount 8x within 30 days to convert bonus winnings into real money; Wagers must be on min. odds of 4/5 on singles or acca bets with min. odds of 2/5 per selection to qualify; Max. stake contribution to wagering requirement is the value of your bonus; Certain bet types are excluded; See full terms; Terms apply; 18+ – Terms apply
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Payment Options

Bank Wire
EcoPayz
Master Card
Neteller
Paysafecard
Skrill
Ukash
+1

Average Payout Speed

0 – 24 Hours

Currencies

  • EUR
  • GBP
  • NOK
  • UKGC, MGA and SGA gaming licenses
  • No deposit/withdrawal fees whatsoever
  • Incredible VIP program (The Ten Club)
  • Standalone app for iOS and Android
  • 24/7 customer support via live chat
  • No live streaming service
4.83/5
Rated by 143 users
Claimed by 512 people this week
Bet €10 Get €30 + €10 Casino Bonus
Terms and conditions: Min deposit €10 • A qualifying bet is a ‘real money’ stake of at least €10 • Min odds 1/2 (1.50) • Free Bets are credited upon qualifying bet settlement and expire after 7 days • Free Bet stakes are not included in returns • Casino Bonus must be claimed within 7 days, wins are capped at €500 • To withdraw bonus/related wins, you must wager the bonus amount up to 40 times its value within 14 days • Casino Bonus expires after 60 days • Casino Bonus can be used on selected games in casino only • Restrictions apply to withdrawals, payment methods & countries – Terms apply
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Payment Options

VISA
Master Card
Bank Transfer
Bank Wire
Bitcoin
Citadel
Instadebit
+8

Average Payout Speed

0 – 24 Hours

Currencies

  • CAD
  • EUR
  • GBP
  • Best odds guaranteed on horse racing
  • Regular promotions and free bets
  • One of the most trusted betting sites
  • Live in-play betting and cash-out feature
  • Competitive odds and fast payouts
  • Drastically lowers limits on sharp bettors
4.5/5
Rated by 413 users
Claimed by 557 people this week
28% Up to 988MYR
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

Bank Transfer
Delta
Master Card
Neteller
Skrill
VISA
Visa Electron

Average Payout Speed

0 – 24 Hours

Currencies

  • USD
  • Various Asian languages and currencies
  • Huge range of football betting markets
  • Competitive odds for all sporting events
  • Nice welcome bonuses and loyalty offers
  • Numerous country restrictions
  • No live streaming service
4.79/5
Rated by 671 users
Claimed by 430 people this week
100% up to €122
Terms and conditions: Register and deposit at least €1. Get 100% matched bonus, up to €122. Bonus amount must be wagered 5x via accumulator bets. Min 3+ selection, min odds 1.40. Rollover must be completed within seven days. Withdrawals unavailable until rollover completed. – Terms apply
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Payment Options

Neteller
Skrill
Siru

Average Payout Speed

0 – 24 Hours

Currencies

  • EUR
  • USD
  • AED
  • Available in over 30 languages
  • Over 1000 events offered every day
  • Extensive list of banking methods
  • 24/7 customer service support
  • Cryptocurrency accepted
  • Lack of live streaming
4.5/5
Rated by 413 users
Claimed by 289 people this week
50% Up To $1000
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

Bank Wire
Bitcoin
Cheque
Discover
Master Card
Neteller
Skrill
+1

Average Payout Speed

0 – 24 Hours

Currencies

  • USD
  • Accepts players from all over the world
  • Known for their live betting offers
  • Lots of secure banking options
  • Great bonuses and promotions
  • High fees for some deposit options
  • Support agents are often slow to reply
4.5/5
Rated by 215 users
Claimed by 267 people this week
Get up to €/$30 in Free Bets
Terms and conditions: Min Deposit: €/$10; First deposit matched up to €/$30; 1x wagering at odds of 1.75+ to unlock Free Bet; Credit Card, Debit Card & PayPal deposits only. – Terms apply
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Payment Options

Neteller
Skrill
EcoPayz

Average Payout Speed

0 – 24 Hours

Currencies

  • USD
  • GBP
  • CAD
  • Licenced in both the UK and Malta
  • Generous welcome bonus for new users
  • Promotions for major sporting events
  • Free-to-play prediction games
  • Excellent customer service and security
  • Limited payment options
4.5/5
Rated by 232 users
Claimed by 378 people this week
15% up to $600
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

Amex
Bank Wire
Bitcoin
Cheque
Master Card
Neteller
VISA

Average Payout Speed

0 – 24 Hours

Currencies

  • BPS
  • CAD
  • EUR
  • Popular book that accepts large max bets
  • Huge focus on football and basketball
  • High-spec live in-play platform available
  • Downloadable client for Windows & Mac
  • Odds are not amazing on non-US sports
  • User interface could be improved
4.5/5
Rated by 289 users
Claimed by 230 people this week
Bet £10 Get £20 in Free Bets
Terms and conditions: New UK customers (Excluding NI) only. Mobile exclusive. Min stake £10. Min odds Evs. Free bet applied on 1st settlement of any qualifying bet. 30 days to qualify. Free bets expire in 7 days. Cashed out/Free Bets won’t apply. Payment method restrictions. 1 Free Bet offer per customer, household & IP Address only. 18+.  – Terms apply
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Payment Options

Cheque
Clickandbuy
Ekonto
Euteller
Giropay
Ideal
Instadebit
+12

Average Payout Speed

0 – 24 Hours

Currencies

  • CZK
  • EUR
  • NOK
  • High-street bookmaker in Ireland
  • Nice site with very easy navigation
  • Popular for horse racing and greyhounds
  • Great range of Gaelic games markets
  • Site can be buggy on some browsers
  • Customer support is poor
4.5/5
Rated by 415 users
Claimed by 178 people this week
100% up to €100
Terms and conditions: Terms and Conditions apply. – Terms apply
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Payment Options

VISA
Master Card
Skrill
Neteller

Average Payout Speed

0 – 24 Hours

Currencies

  • Get big cash prizes as a VIP customer
  • Access the site in 17 languages
  • Live odds change via colour-coded boxes
  • Explore in-depth sports rules on the site
  • No live streaming service
  • Long list of restricted countries

How Do They Work?

A cheque is effectively a bill of exchange that orders a bank to pay a certain amount of money from one person’s account to another individual or a business. The cheque can only be paid to the specified payee, for the written amount, and it cannot be cashed until the date stated.

The big players in the European betting market still accept cheques as a form of payment. Many of the firms bracket bankers drafts, international money orders, personal cheques and cashier’s cheques all together.

They must be mailed into the address provided by each individual bookmaker. Typically the name on the cheque must exactly match the name of the account holder, and users can identify themselves by writing their username on the back of the cheque.

Depending on what type of cheque is used, the deposit can take from 5-28 days to be processed.

Man writing cheque on white table

Advantages of Betting With a Cheque

There are advantages and disadvantages to using cheques to fund betting accounts. The main advantages are security and lack of fees.

Security

Security

Many bettors are concerned with the security of their financial information when using online betting websites.

By using cheques, there is no requirement for customers to input any data online, and thus the chance of having their details compromised, is eliminated. This is particularly important for big staking bettors who wish to add large deposits to their accounts.

Lack of Fees

Lack of Fees

Lots of payment methods including e-wallets and in some instances debit/credit cards incur charges when used to fund betting accounts. Cheques tend to be free or very cheap to process with most bookmakers.

Disadvantages of Betting With a Cheque

There are several reasons why you might want to avoid using cheques to fund betting accounts, including deposit speed, availability and minimum deposit limits.

Slow Deposits

Slow Deposits

As mentioned above, it can take anywhere from 5-28 days for cheques to be received and processed. For bettors who want to fund their account quickly, cheques are not ideal as a method of deposit.

Those using cheques may be the type of bettors who deposit every few months, and therefore they don’t suit individuals who regularly deposit and withdraw funds.

Availability

Availability

While the big firms are still accepting cheques, the number of people using them are declining.

Other forms of payments are automated, whilst cheques need to be processed manually and ultimately, bookmakers want to eliminate that, so over the next few years there is likely to be a further decline in the number of firms accepting them.

Larger Minimum Deposits

Larger Minimum Deposits

Because cheques require the manual labour, bookmakers are typically impose higher deposit minimums.

Man writing cheque on open laptop

Conclusion

Although the major online betting sites still accept cheques, the number of bettors using them to fund accounts is declining. This is hardly surprising given the fact that deposits can take 5-28 days to be processed and higher minimum deposit limits are imposed for cheque deposits.

Take our advice and use a different form of payment at betting sites.