Cashpoint Review 2020 – Read our Bookmaker Rating in 5 Mins
Last updated & tested: 2020-03-28
Cashpoint first burst onto the bookmaking scene in 1996 in Austria and quickly gained a large following in their home country and nearby Germany. Since then, the bookmaker has transformed into a large-scale operation. In 2000, the bookie made the decision to focus online and gained ground in Denmark, the UK, Greece and Belgium. Along with this came a headquarters move to Malta. Interestingly, a visit to the site now shows that the company have been rebranded – in the UK at least – to Xtip Sports betting. The bookmaker offers extensive sports betting options, including premier league football and ice hockey. There’s also an exhilarating casino experience if you fancy a change from the sportsbook. Table games, video slots from well-respected developer, NetEnt, and video poker are all available for you to choose from. So, without further ado, let’s start our Cashpoint sportsbook review.
The result of the OpenOdds Cashpoint review
Although not a household name, this veteran betting provider is steadily becoming better known in the UK. And while it may take a long time yet, we think if they continue to run their website the way they are doing, then growth will follow. Their sports selection is of medium size, and offers a great choice of popular sports. There are currently over 50,000 different betting options available on the website, covering 25 sports, including esports. While it doesn’t have the household recognition of Betfred or the promotions of Bet365, it’s clear that it’s a site you can use with ease. From their extra security methods and simple layout to the in-play sports product that allows you to cash out early if your bet isn’t going your way, time and time again the website delivers. It’s not all plain sailing though, as our Cashpoint bookmaker review will show. The lack of a Cashpoint app and limited payment options are among our gripes. Read on as we take you through our Cashpoint rating.
Experiences with Cashpoint: A long-established bookie with strong online presence
- A generous bonus is given to play sportsbook accumulator bets.
- Downloadable odds lists so you can see previous prices at a glance and check previous form.
- Website is well-maintained and easy to use thanks to its FAQ section to get you started.
- Cashpoint has been around for over 20 years, so has plenty of experience.
Cashpoint: OpenOdds 10 Review Categories Comprehensive Rating Report Concerning This Top Bookmaker
All bookmakers thoroughly tested by the OpenOdds team, must prove themselves in the following 10 review categories, even Cashpoint!
01.Bonuses: A great sportsbook bonus to boost your winnings!
Does Cashpoint offer a free bet? You bet! Cashpoint has two bonuses available, one is one of those sports betting bonuses, and another for the casino. As this is a Cashpoint sportsbook review, we’ll focus on the former. It’s called xTreme and it gives players up to 30% extra if their accumulator wins. How much bonus you get is down to the number of bets you combine on your betting slip. Live betting pushes the bonus up higher for potentially astronomical returns.
How the bonus works:
-Use a 3-bet combination and you’ll receive 3% bonus (with one live bet or more).
-Use a 4-bet combination for a 4% bonus (again, a minimum of one live bet is needed).
-A 5-bet combination nets you 5% bonus (no live bet required for this).
-A 6-bet combination awards you 6% bonus, and so on.
The bonus is awarded up to a maximum of 30% and only odds of 1.51 or more count towards it. That doesn’t mean you can’t add bets of 1.50 or below to your accumulator. They’ll still be used to calculate the profit, but won’t count from a bonus standpoint. This isn’t the best free bets offers we’ve seen, but it’s still pretty good.
02.Customer Service: Limited support available to UK players
Here in the UK, you can get in touch with Cashpoint in a number of ways. The first is via email through the message facility on the website. This is great for general enquiries, as well as formal complaints. For those outside of the UK, you can get in touch via telephone or live chat, but sadly this facility doesn’t appear to have reached the UK yet. Instead, you can use the help centre, Cashpoint’s name for their FAQ, to get the answer to most basic questions such as ‘how do I cash out with Cashpoint?’ and ‘does Cashpoint use an app?’ It would have been great to have had these facilities here in the UK, so we’ve had no choice but to mark down Cashpoint on customer service in our Cashpoint review.
03.Sports Covered: What sports does Cashpoint offer?
The next part of our Cashpoint review focuses on the sports covered by the betting provider. After all, the sports are why you’re reading this, right? This is an area in which Cashpoint excels. The website offers 25 different sports on its site, which equates to over 50,000 different betting markets daily. To put that in perspective, only larger bookies, such as Bet365 and Ladbrokes, offer a larger selection. There is no focus on any particular sport on Cashpoint, each getting a decent amount of betting markets between them. Instead, odds promotion on the site seems to focus on the larger sporting events happening that week. So, whether that’s the Grand Prix or the upcoming tennis Grand Slam, you can be sure that it’s displayed in the limited images displayed on the sportsbook page. Odds dominate here, so it’s no surprise that many Cashpoint reviews focus on them.
04.Payment Methods: Not up to scratch with competitors
Next up to get our Cashpoint rating are the site’s payment methods. Cashpoint deposit and withdrawal methods cover the basics. You’ve got credit card (VISA and Mastercard), for which Cashpoint don’t charge any transaction fees. You can also wire money directly from your bank account, or use paysafecard and Skrill (sometimes known as Moneybookers). Of these payment methods, you’re likely to find one for you, but we do think they’re a little restrictive given the age and reputation of the business. Where are the debit card payments? And with other bookies offering PayPal, should this not be offered by Cashpoint too? This is yet another occasion where we feel that the bookmaking world has moved on and Cashpoint hasn’t quite caught up yet. Hopefully Cashpoint reviews its payment options soon. Withdrawal options are similar to the above, but notably no credit card withdrawals are allowed. Bank transfers will take 3-5 working days within Europe and 5-7 outside of Europe. Payments by Moneybookers are instant.
05.Security: Is Cashpoint safe?
06.Betting Odds:Decent odds with some nice extras
Following a betting odds comparison, we can say the odds offered on Cashpoint are in line with most other bookmakers you see. There is the option to choose both decimalised and fraction odds to suit your own individual needs. But what’s truly unique is Cashpoint’s odds list, which shows you the most current and best odds, as well as special offers on a daily and weekly basis. You have the option of downloading this and printing it out using the buttons next to the list for ease of use. A specific list is provided for each of the popular sports, so football is there, as is tennis. You can also see a full list of the sporting results from the week prior so that you can check form and keep a track of the usual odds offered on the website. All in all, we’re impressed with this unusual addition.
07.User-friendliness: An easy to use site for beginners and experts
The website for Cashpoint is easily navigated, if not a little plain in comparison to others. But what we do love is the addition of social media tabs on the left of the screen. This allows users to engage with the brand in a bigger way and really feel part of the Cashpoint community. Another great addition is Cashpoint mobile betting which allows users to play on the go. We love mobile as you can see all the markets wherever you are, betting on goals scored in the Champions League, American football or whatever else takes your fancy. You can also check how your existing bets are doing on a site that has been produced with the limitations of mobile use in mind. It would have been nice to see a Cashpoint app here. But while there are no betting apps, the website is a step in the right direction.
08.In-play Product: How did in-play betting do in our Cashpoint rating?
Another great feature of Cashpoint’s site is its in-play product. You can’t deny that time and effort has gone in to developing in-play bets. The site is clean-cut and streamlined to allow in-play to run smoothly. There’s also a ‘Live’ tab in the website header to direct you to in-play action. There are even statistics next to sporting events to see at a glance the form of the teams or athletes involved to decide for yourself whether they’re likely to win. What lets Cashpoint down is the lack of live streaming. While other bookies have embraced live streaming to bring the sporting event to life for the viewer, it doesn’t seem to be a priority at Cashpoint. This is a shame given the business has been around for over two decades. To keep fresh, they need to keep up with their competitors. This has given the Cashpoint rating a bit of a drubbing.
09.Other Products: What else is covered by our Cashpoint review?
As well as a great sportsbook, Cashpoint also has a wide selection of casino games and video slots for players to enjoy. When compared to other sites in the field, it’s clear that the Cashpoint reviews rank highly when it comes to casino games. Video slots from NetEnt dominate the video slots, with progressive jackpots such as Starburst holding the fort. If you’re more of a table fan, you’re bound to find a choice for you. There are 15 table games, including red dog, pontoon, baccarat, blackjack, poker and roulette, with the latter making up four of the games. These casino games reach all skill levels, with the roulette having a game specifically for advanced players. You can also take advantage of the second Cashpoint bonus, an exclusive slots-only bonus, where you get 100% of your first deposit back up to £150. The bonus must be wagered 40X before it can be withdrawn.
10.Betting Limits:Low minimum betting limits make Cashpoint accessible to all
The minimum bet on Cashpoint’s sportsbook is a measly €1, which means that you can enjoy games online whatever your budget. For casino games, you can take a spin on slot games from 25p. Again, a reasonable amount to spend. The maximum winnings per day or per week are not listed on Cashpoint’s website. This may be because the limits vary depending on the type of bet placed, and whether progressive jackpots are in place on casino games. Single bets, for example, are likely to bear smaller returns than accumulators, and each leg in an accumulator will make the return larger. This makes it a little difficult to calculate how much can be returned to you. With the 30x xTreme bonus, you can boost any potential winnings even higher. Although, the winning part is not always that easy!
Our Verdict of Cashpoint:Our Verdict of Cashpoint
So, we’ve reached the end and have to say that overall, the bookmaker came out with a respectable score. Sure, there are a few niggles – a mobile app would be nice, and it would be good if the site had extra payment options. While this isn’t one of the very best online bookmakers, we’re still pretty impressed. You won’t find yourself asking ‘is Cashpoint safe?’, it’s clear it is. And the bonuses are generous too.
Cashpoint: Opinions & Experiences of Actual Users
Here at Open Odds, we give plenty of information to help you get started with your chosen betting provider, but nothing compares to word of mouth. We want to hear about your own personal experiences of using Cashpoint. Do you agree with our Cashpoint bookmaker review? Do you have any betting strategies to share? Please leave your comments today to help other players.