Cashpoint Sportsbook Review
Talking about time-proven European bookmakers is rather easy, as all one needs to do is focus on all the big players from the United Kingdom. What about all the other European countries, however? Well, those are often largely ignored, even though there is certainly at least a handful of companies that deserve some attention, with Cashpoint being one of the more prominent ones.
Cashpoint was founded way back in the year of 1996, with the company operating not only an internet betting platform, but also a large number of betting shops in Germany and Austria. Its business address can be found in Malta, but it’s clear that its main interests lie elsewhere – after all, Cashpoint is sponsoring both VfL Wolfsburg and SCR Altach.
While most online bookmakers maintain official lists of restricted countries, the situation is rather confusing when it comes to Cashpoint. The United States is the only country that’s mentioned in the terms and conditions, but the website is also inaccessible from several European countries. For UK customers there is a UK specific version of this sportsbook called xTip Sports.
The activities of Cashpoint are regulated by the Malta Gaming Authority.
Cashpoint is offering fixed-odds betting on a large variety of sports, including soccer, tennis, basketball and ice hockey. Many minor sports are included as well, so all players should be satisfied by the coverage. It should be added, however, that the number of markets that are being offered for minor sports is somewhat low. The margins range from low (4.2%) to high (9%), depending on how big the betting event is.
Apart from pre-match betting, Cashpoint also has an in-play betting service that players can use in order to bet on events that are already underway. The sports and market coverage is very good, but the odds are typically much lower than they are in pre-match betting, especially when it comes to smaller events.
The minimum stake for all bets is €1.
Cashpoint doesn’t seem to be particularly ambitious when it comes to innovations and special features, so players will have to do without things like live streams when staying at it. Admittedly, some live events can be tracked thanks to the in-play betting service, as it does offer some basic statistics for most matches, but that’s naturally not a thing one could be overly excited about.
Punters that enjoy betting on the go can enjoy that activity thanks to mobile apps that are available for both Android and iOS mobile devices. All players that decide to download them can then take advantage of a small mobile bonus, which is a detail that nobody could be unhappy about. It isn’t really necessary to download anything in order to be able to place bets here and there, however, as there’s also a mobile website that can be accessed from any web browser.
On top of its sports betting service, Cashpoint also has a section dedicated to casino games.
Unfortunately, Cashpoint’s customer service can be contacted only via e-mail, which simply isn’t ideal in this day and age.
Deposits and Withdrawals
Players can deposit through a large variety of methods, including bank wire transfers, Skrill, and Paysafecard. In general, the minimum deposit is €10.
Withdrawals are processed – whenever possible – through the same methods as deposits, with bank wire transfers taking up to seven business days.
Interestingly, Cashpoint is operating in a plethora of currencies, including Euros, American dollars, British pounds, Canadian dollars, Japanese yens, Swedish kronor and Australian dollars.
Although Cashpoint doesn’t seem to be a particularly ambitious bookmaker, it’s offering a very stellar betting service that casual punters are bound to be happy with. There aren’t any special features that one should be enthusiastic about and the customer support could also be a bit better, but those complaints aren’t likely to bother the vast majority of players.