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  • FIRST POST
    • mrspider
    • By mrspider 12th Feb 18, 12:32 AM
    • 1Posts
    • 0Thanks
    mrspider
    Which UK current account for gambling fund only?
    • #1
    • 12th Feb 18, 12:32 AM
    Which UK current account for gambling fund only? 12th Feb 18 at 12:32 AM
    I'm considering opening a bank account to use solely for gambling. Does anyone have advice on which bank and/or account type would be most suitable?

    Thanks for any advice.
Page 1
    • PeacefulWaters
    • By PeacefulWaters 12th Feb 18, 7:41 AM
    • 8,320 Posts
    • 10,638 Thanks
    PeacefulWaters
    • #2
    • 12th Feb 18, 7:41 AM
    • #2
    • 12th Feb 18, 7:41 AM
    Any basic bank account with a firm that isn't part of your main banking relationship.
    • bengalknights
    • By bengalknights 12th Feb 18, 8:39 AM
    • 4,335 Posts
    • 1,593 Thanks
    bengalknights
    • #3
    • 12th Feb 18, 8:39 AM
    • #3
    • 12th Feb 18, 8:39 AM
    One that ideally gives cashback on gambling? Although dont think there is such a bank so any should do the job just ensure its basic account
    • crouchmagic
    • By crouchmagic 12th Feb 18, 1:55 PM
    • 170 Posts
    • 1,491 Thanks
    crouchmagic
    • #4
    • 12th Feb 18, 1:55 PM
    • #4
    • 12th Feb 18, 1:55 PM
    I used Nationwide when I was matched betting; however there were quite a few occasions where they blocked transactions and I then had to ring up and confirm that I was depositing quite larges sums of money
    • bigisi
    • By bigisi 12th Feb 18, 3:53 PM
    • 180 Posts
    • 338 Thanks
    bigisi
    • #5
    • 12th Feb 18, 3:53 PM
    • #5
    • 12th Feb 18, 3:53 PM
    I use Tesco for matched betting - don't have any other relationship with them for banking.
    • datlex
    • By datlex 12th Feb 18, 8:36 PM
    • 1,624 Posts
    • 1,532 Thanks
    datlex
    • #6
    • 12th Feb 18, 8:36 PM
    • #6
    • 12th Feb 18, 8:36 PM
    A savings account would be best. No option to go overdrawn.
    • jonesMUFCforever
    • By jonesMUFCforever 12th Feb 18, 10:02 PM
    • 24,757 Posts
    • 11,967 Thanks
    jonesMUFCforever
    • #7
    • 12th Feb 18, 10:02 PM
    • #7
    • 12th Feb 18, 10:02 PM
    A savings account would be best. No option to go overdrawn.
    Originally posted by datlex
    Not many savings accounts give you a debit card or option to send payments to a bookie.
    You need a current account.
    What goes around - comes around
    give lots and you will always receive lots
    • drphila
    • By drphila 13th Feb 18, 6:56 PM
    • 78 Posts
    • 17 Thanks
    drphila
    • #8
    • 13th Feb 18, 6:56 PM
    • #8
    • 13th Feb 18, 6:56 PM
    Seem to remember when I looked into this several years ago that some banks treat credit card payments to gambling sites as a cash advance.

    No idea whether this is still the case.
    • Shakin Steve
    • By Shakin Steve 13th Feb 18, 6:59 PM
    • 1,429 Posts
    • 1,152 Thanks
    Shakin Steve
    • #9
    • 13th Feb 18, 6:59 PM
    • #9
    • 13th Feb 18, 6:59 PM
    Seem to remember when I looked into this several years ago that some banks treat credit card payments to gambling sites as a cash advance.

    No idea whether this is still the case.
    Originally posted by drphila
    Maybe, but he wouldn't be using a credit card.
    I came into this world with nothing and I've got most of it left.
    • Anthorn
    • By Anthorn 14th Feb 18, 5:14 AM
    • 3,578 Posts
    • 924 Thanks
    Anthorn
    I'm considering opening a bank account to use solely for gambling. Does anyone have advice on which bank and/or account type would be most suitable?

    Thanks for any advice.
    Originally posted by mrspider
    None of them: Using a bank account for gambling marks you out as a credit risk.

    Go prepaid: Traditionally Neteller has been the card of choice for gambling and indeed comes up with gambling promotional offers from time to time. You can load it by transfer from your bank account or you can keep it separate from your bank account by loading it with paysafecard available from a local shop. You get your first virtual card for online transactions for free and you pay for more virtual cards and a plastic card.
    https://www.neteller.com/en/
    https://www.paysafecard.com/en-gb/
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