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Ukash betting sites & bookmakers that accept Ukash deposits

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Table of contents
Meet our author
Betting expert Elizabeth Winnie

Through a ranking system and serious and consolidated standards, we make a point of evaluating the best authorized betting sites in Australia. This information will not only allow you to have access to the best bonuses, but also to the best conditions to make the best sports bets online.

Making fast, secure, and hassle-free payments in a matter of minutes from the comfort of your home is a godsend to humanity - and it’s one of the greatest benefits of the Internet. But it wasn’t always like that, and we have to thank the pioneers of online payments that shaped the way to the commodity we enjoy today - and one of them is Ukash.

The UK-based electronic payment system Ukash was first launched in 2005 and has enjoyed great success ever since - especially on Ukash betting sites - where punters could anonymously place a deposit using Ukash in a matter of minutes.

Back in 2014, Ukash was acquired by Skrill, so Ukash is currently owned by Skrill and is now branded as Paysafecard.

The payment service’s mantra is the ease of use and anonymity, which is why it’s perfect for making payments in online gambling establishments, and it’s a common name in many operators’ ‘Cashier’ section.

What makes Ukash stand out from the rest is the fact that it’s independent of banks and credit cards. It’s a prepaid voucher that’s available in over 40 countries, including Australia, and provides anonymity to users.

Who owns Ukash

Online payment service provider Skrill Group announced in 2014 that they had signed an agreement to acquire Ukash. A year prior, Skrill had purchased the rapidly growing online Austrian prepaid card provider PaySafeCard, and in 2015 it merged the two services. So, Ukash became a part of PaySafeCard and the brand name was phased out in 2016.

With this move, Skrill not only extended PaySafeCard with the acquisition of Ukash but further strengthened its position in the global online payment market.

Now, Ukash is essentially the same as PaySafeCard, and all of the Ukash betting sites that accept Ukash also accept PaySafeCard.

What exactly is Ukash and how does it work

The idea behind Ukash (and PaySafeCard, which is a similar payment service) is that you can buy vouchers at some of their points of sale - usually kiosks, newsagents, post offices, convenience stores, or other retailers that have the PayPoint symbol. After you buy the card, you should ‘load’ the card with cash by buying a 16-digit code called PIN. Although Ukash originally used 19-digit code PINs, all Ukash PIN holders were advised to exchange them for 16-digit PaySafe PINs.

So, you’re given a printed code to be used to add value to the voucher. Although the vouchers can be purchased in person, they can also be added to a mobile wallet. They can be bought with cash or with a card, which means you can stay fully anonymous - if you want to.

No transaction will be shown on your bank account, so privacy is guaranteed.

Ukash has been authorized and regulated by the Financial Conduct Agency (FCA), which means that it’s completely safe to use.

Best Ukash betting sites in Australia

We understand the need of using a safe, easy-to-use, and anonymous payment method, which is why we believe it’s important to locate the best Ukash betting sites in Australia. The prepaid payment method has many more advantages than disadvantages, so it’s easy to see why so many punters prefer it over other payment methods.

Besides the anonymity, the principle of having a prepaid card rather than a credit/debit card means that you can’t spend more than you’ve been planning to. Moreover, there may be many reasons why you may want to bet using cash, so this is the perfect option. You buy your voucher in cash, the ‘old school’ way, and you can use it to bet online.

Now, it’s important to note that Ukash (or now PaySafeCard) is widely available in Aussie sports betting sites, but now all of them are equally good.

Locating a decent Ukash betting site may be harder than it looks - and for several reasons.

First, not all betting sites accept Ukash. Even if you found a site that you like, it may not accept Ukash. And even if it does, it might be an unreliable site, or a site that has many negative reviews by fellow bettors. So, it’s best advised to skip that site.

Additionally, even though the Australian market is highly regulated, you might come across a site that doesn’t have a valid license. Our advice is to skip this site altogether.

Another important factor when selecting a betting site is the betting markets availability. When conducting our list of the best Ukash betting sites in Australia, we took the preferences of Aussie punters in mind. Considering that Aussie Rules is the most popular sport in Australia, you wouldn’t want to register with a site and find out that it doesn’t offer odds on AFL games, would you?

Last but not least - the bonus availability. Most Aussie bookmakers offer some kind of a promotion for new players, but not all are equally good. Some bookies offer bonuses that only look good, but the rollover requirements are so unrealistic that you’ll never be able to clear them.

That’s why you should always look for a licensed site that has proven its reliability and takes great care of its customers - both new players and regulars.

How to deposit via Ukash

Ukash’s biggest benefit for punters is that it leaves the bank account out of the equation, and it offers complete privacy. With prepaid cards, you can digitize your cash and use it to fund your bookie account.

The steps are rather easy, and it shouldn’t take you more than 15 minutes - even if you’re not tech-savvy. Now, before you use Ukash to fund your betting account, you should first purchase a prepaid card at a local PayPoint outlet. There are hundreds of PayPoint outlets in Australia, so regardless if you live in Brisbane or Perth, you’ll have no problem locating a PayPoint outlet that’s near you.

All you have to do is visit the outlet, and purchase a card that contains a PIN. Alternatively, you can buy a voucher online, but keep in mind that this method will require you to use a debit/credit card to fund your voucher.

Despite your physical card, you can also download the app, which is available for Android and iOS users in the respective Google Play Store and iOS App Store.

Now, the next step is funding the Ukash betting site of your choice. The process is rather simple, and all you have to do is:

  1. Login to your betting account or register as a new user
  2. Find the ‘Deposit’ button, or enter the ‘Cashier’ section
  3. Choose PaySafeCard from the list of deposit methods
  4. Enter the amount you want to deposit
  5. Insert the 16-digit PIN and verify the transaction
  6. Your money will be available in your betting account within seconds

All transactions made using this payment method at Ukash betting sites come with no fees. Also, you’re not required to use the entire amount on the prepaid card at once - but you can deposit as much as you want. Typically, the minimum deposit depends on the betting site of choice, and it ranges from $1 to $20.

How long do Ukash payments take

Ukash payments are notoriously famous for their rapidness. Namely, all deposits made using Ukash (now PaySafeCard) are instant. From the moment you buy your voucher, in-store or online, the money is instantly available on the card, and you can check out your balance in the mobile app.

However, from the moment you confirm the transaction to the Ukash betting site, the process is in the hands of the bookie. Not to worry, though, as typically, all deposits are processed instantly, and you won’t have to wait for more than a few minutes before the money is available in your betting account and you’re ready to make your bet.

Deposit limits

Although the maximum deposit limits vary depending on the bookmaker, the maximum transaction you can make per PIN in Australia is $200. Additionally, the maximum value of PINs you can have in your account cannot exceed $1,000 at any point. So, even if you want to buy PINs worth more than $1,000, you’ll have to use two different cards.

Additionally, the annual total value of used PINs on one card cannot exceed $6,000.

Keep in mind that these limits only apply to Australian users, and the terms and conditions are different elsewhere.

Withdrawing from your betting account to Ukash

A relatively new feature, it’s now possible to withdraw your winnings from your betting account to your Ukash prepaid card (read: PaySafeCard). Now, take note that withdrawals are a little trickier than deposits, and you’ll have to use your My Paysafecard account to withdraw your money, which kind-of works against the full-anonymity aspect that makes prepaid cards a sought-after payment method when gambling online - and one of their biggest selling points.

Nonetheless, it is possible to withdraw your money with PaySafeCard, which inherited a system that was previously put in place by Ukash.

Namely, Ukash introduced a feature called Ukash Payout which would allow users to withdraw their money from their Ukash betting site into an account that they can use elsewhere. Essentially, the feature allowed users to withdraw money at any Ukash vendor, but it also introduced a pre-paid MasterCard called Ukash Neo. With this card, users can transfer their money to their Ukash MasterCard and use it anywhere MasterCard is accepted, including most ATMs.

A similar service is now in place, called PaySafeCard payouts, and it enables operators to send money to their users. To request a PaySafeCard withdrawal, users should enter their email address, and they’ll receive their money in their Paysafe account. Later, they can either use the balance to make another payment online or withdraw the money at an ATM via the Paysafecard MasterCard.

The process of withdrawing your money from your betting account to your Ukash account is rather simple. Essentially, all you need to do is:

  1. Login to your betting account
  2. Enter the ‘Cashier’ section
  3. Select PaySafeCard from the list of available withdrawal methods
  4. Enter the amount you want to withdraw
  5. Enter the email address you’ve used to register on My Paysafecard
  6. Confirm the transaction

The transactions are usually processed instantly, and you should expect to see your money in your account within 48 hours. Alternatively, you can use this payment method to fund another e-wallet and withdraw your money elsewhere. So, even if a new online bookmaker doesn’t accept Ukash as a payment method, you can use your prepaid card to fund your PayPal account, for example, and use PayPal to deposit and withdraw.

Payment fees

Notably, Ukash (PaySafeCard) doesn’t charge any fees for both deposits and withdrawals at Ukash betting sites, which means that if you have been charged a fee, it’s due to the operator, and not the payment method.

However, users are subject to a monthly service fee. Namely, you’ll have to pay a monthly service fee of $4 from the 7th month onwards, and the money will be deducted from the residual credit of your PIN.

Additionally, Aussie users are subject to a conversion fee for transactions with currency conversions. Because all Australian Ukash betting sites have AUD as their primary currency, you’ll likely have to pay a conversion fee on all transactions.

If you purchase a card but later ask for a refund, the service provider will deduct a $7.50 fee from your card.

And from the 13th Month onwards, users are required to pay a dormant account fee of $2 per month if they haven’t carried out any transactions in the last 12 months.

Conclusion

Even though there are some downsides when using the payment method, the general notion is that it’s an excellent option for punters at betting sites. It’s fast, secure, anonymous, and generally fee-free - which is a rarity in today’s world.

With the newly added option which allows Ukash to be used for payouts, this is a completely online payment service package that hardly has any real downsides.