Can Betting Sites Affect My Credit Score?

by Alan Swanley on Thursday 11th October, 2018


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Online betting is big business with millions of customers placing bets on their favourite sports such as football and horse racing every single day. While there’s no greater thrill than a big win, could your betting activities actually harm your credit score and financial situation?

Here’s all you need to know before opening up a betting site account and depositing money.


Betting alone does not have a negative influence on your credit score. Credit agencies cannot see your betting activities and will not know which events or markets you’ve bet on. Even if they could, there is no prejudice against this.

Furthermore, credit agencies appreciate that a little flutter is a natural part of life for millions of people in the UK. Responsible gamblers wouldn’t be punished for placing cash bets in the brick and mortar betting shops and online betting simply makes the process easier.

Signing up to a new online betting site, making a deposit, and making bets when done correctly won't affect your credit score at all. The key, however, is to focus on the deposit methods.


While gambling is safe for many, some gamblers are considered problem gamblers. They are most commonly characterised by the feeling that they need to place bets in the heat of the moment. Funding your betting account through methods that rely on credit such as credit cards is never a smart move. 

It’s also imperative to show credit agencies that gambling is a luxury, and not a priority. If depositing funds into your betting account causes you to default on loans, bills, and other repayments, you could be set for ongoing problems. Worse still, once you’re in that cycle, it’s very hard to escape. 


The harsh reality is that online betting can harm your credit score, even if you don’t consider yourself to be a problem gambler. In most cases, though, responsible management of your gambling particularly with regards to payments should serve you well.

5 tips to prevent potential damage are, 

1. Avoid using credit cards and other credit sources to fund your betting accounts and try to use the same payment method for all betting accounts.

2. Only make deposits when you have enough money in the bank to cover your bills and financial obligations. If possible, steer clear from dipping into your overdraft too.

3. Keep some money in your betting account and use that to place future bets. More frequent deposits can be viewed as a warning sign, even when they are counteracted by regular withdrawals.

4. Put money into eWallets such as PayPal or Skrill account and fund the accounts from these services. Severing the direct link from your bank to the betting site can work in your favour.

5. Be aware of your betting activities, especially with regards to the banking aspects, and use your a credit check service every few months to identify and rectify any issues.

Doing these things should go a long way to keeping your credit score unaffected by gambling. However, it’s important to remember that this isn’t the only aspect to consider. If you believe that your betting has got out of hand, self-exclusion through services such as https://www.gamstop.co.uk are the perfect way to remove that temptation.

Sports Betting Sites see all

Betway betting site

Betway

Free Bet

£30
BetVictor betting site

BetVictor

Free Bet

£30
10Bet betting site

10Bet

Deposit Bonus

£100
MansionBet betting site

MansionBet

Deposit Bonus

£50
Ladbrokes betting site

Ladbrokes

Free Bet

£20
Betfred betting site

Betfred

Free Bet

£30
Totesport betting site

Totesport

Unibet betting site

Unibet

Cash Back Bonus

£40
Coral betting site

Coral

Free Bet

£20
Grosvenor Sport betting site

Grosvenor Sport

Volt Sports betting site

Volt Sports

Novibet betting site

Novibet

Free Bet

£25
FansBet betting site

FansBet

Cash Back Bonus

£20
Betboro betting site

Betboro

Free Bet

£25
Bethard betting site

Bethard

Deposit Bonus

£50
Winner Sports betting site

Winner Sports

Deposit Bonus

£200
Star Sports betting site

Star Sports

Interbet betting site

Interbet

Free Bet

£10
MoPlay betting site

MoPlay

Free Bet

£30
Genting Bet betting site

Genting Bet

£10
Boylesports betting site

Boylesports

Free Bet

£25
Mobilebet betting site

Mobilebet

Free Bet

£10
138.com betting site

138.com

Free Bet

£10
TonyBet betting site

TonyBet

Welcome Bonus

£200
SportPesa betting site

SportPesa

Free Bet

£10
Letou betting site

Letou

BetRegal betting site

BetRegal

Free Bet

£20
SetantaBet betting site

SetantaBet

JenningsBet betting site

JenningsBet

TLCBET betting site

TLCBET

Free Bet

£50
BetVision betting site

BetVision

12BET betting site

12BET

Free Bet

£35
Fun88 betting site

Fun88

Free Bet

£28
Ole777 betting site

Ole777

Free Bet

£30
BetEast betting site

BetEast

Redbet betting site

Redbet

Karamba  betting site

Karamba

Free Bet

£10
SportNation betting site

SportNation

Deposit Bonus

£100
PWR.BET betting site

PWR.BET

Goliath Sport betting site

Goliath Sport

Free Bet

£10
Guts Sports betting site

Guts Sports

£20
Royal Panda betting site

Royal Panda

Free Bet

£20
Rizk Sports betting site

Rizk Sports

BetBull betting site

BetBull

Free Bet

£20
RedZoneSports betting site

RedZoneSports

Deposit Bonus

BETSID betting site

BETSID

Free Bet

£10
Bwin betting site

Bwin

Free Bet

£10
QuinnBet betting site

QuinnBet

Free Bet

£10
ComeOn betting site

ComeOn

Free Bet

£10
Smarkets betting site

Smarkets

Risk Free Bet

£10
32Red Sport betting site

32Red Sport

Welcome Bonus

£100
LV BET betting site

LV BET

Free Bet

£100
888sport betting site

888sport

Free Bet

£30
Toals betting site

Toals

Free Bet

£250
William Hill betting site

William Hill

Free Bet

£30
Black Type Bet betting site

Black Type Bet

Free Bet

£10
21Bet betting site

21Bet

Free Bet

£10
BetBright betting site

BetBright

Deposit Bonus

£125
K8 Sports betting site

K8 Sports

Matched Deposit Bonus

£50
BetStars betting site

BetStars

Free Bet

£20
Jetbull betting site

Jetbull

Welcome Bonus

£75
Bet at Home betting site

Bet at Home

Spreadex betting site

Spreadex

Cash Back Bonus

£300
NetBet betting site

NetBet

Welcome Bonus

£50
Tote betting site

Tote

Deposit Bonus

£80
Bet365 betting site

Bet365

EnergyBet betting site

EnergyBet

Free Bet

£50
188BET betting site

188BET

Free Bet

£20
Betdaq betting site

Betdaq

Free Bet

£25
Betfair betting site

Betfair

Free Bet

£100
Betsafe betting site

Betsafe

Free Bet

£30
VBet betting site

VBet

Welcome Bonus

£75
Betsson betting site

Betsson

Free Bet

£50