One of the leading online banking solution companies, Ukash has seen a huge 50% leap in the value and volume of recoveries as gamblers have come out in huge numbers and enjoyed a flutter at the Royal Ascot. Over Royal Ascot week, Ukash saw a rush in the redemption of its vouchers, which allow customers to shop online using cash, as gamblers across the United Kingdom looked to make some money on the horses and help lessen the burdens of the credit crunch. Ukash, is an accepted e-payment method which have tie-ups with leading bookmakers including Bodog and William Hill, allowing its customers to bet anonymously and privately on the internet. This means zero risk for any fraud and so it is a safe betting choice.

Ukash is also expecting to see a lot of activity over the next few weeks as the sporting highlights continue. Brits were placing their money where their mouths are and wagering at the British Grand Prix, the British and Irish Lions rugby test series that was recently held in South Africa, and at Wimbledon where fans were cheering for Andy Murray. Unfortunately he only got to the semi’s and wasn’t able to defy the bookmakers and become the first British player to win the Wimbledon since Fred Perry in 1936.

Ukash’s CEO, Mark Chirnside, explains that customers are increasingly using this method because online wagering continues to grow in recognition as people love the convenience of being able to wager from their own homes, and being provided with a secure solution for making payments which is even more attractive to users. People trust the Ukash payment method as they are aware that they are completely risk free from online theft and fraud as their bank details are kept a secret by the online casinos.