British Pound Casinos

British Pound

The British Pound is the official currency of the United Kingdom, the Channel Islands, the Isle of Man and various British territories. It is the fourth most traded currency in the world, behind the US dollar, the euro and the Japanese yen. It has the ISO code GBP and the currency symbol '£'. The name of the currency is actually 'pound sterling', although the sterling suffix is typically dropped.

The '£' symbol is actually a stylised capital 'L' with a line through it to denote currency. The 'L' was originally the abbreviation for a pound weight (now 'lb') which derived from the latin 'libra' which was a unit of weight around the time of the Roman Empire. The pound because an English unit of weight, and the currency pound was named after this unit of weight as it was originally worth one tower pound of silver.

Since decimalisation in the early 1970s, one pound has been sub-divided into one hundred pennies. Prior to that, the British had a complicated system of monetary values, where one pound was sub-divided into twenty shillings, and one shilling further subdivided into twelve pennies.

British Pound history

The pound has existed in Britain since Anglo-Saxon times. A system was adopted where four farthings made one penny, twelve pennies made one shilling, and twenty shillings made one pound. This system continued when the Bank of England and the Bank of Scotland were founded in the late 17th century. Both banks began to issue paper money, and continued to do so as Great Britain was formed in 1707, and the United Kingdom in 1801.

The UK continued using "pounds, shillings and pence" (written as "£ s/d" where d was the abbreviation for pence, from the Latin 'denarius') until the late 1960s. Other coins that were circulated were the halfpenny, the "tuppence" (2p), the "thrupp'ny bit" (3p), the "tanner" (6p), the "bob" (1/-), the "florin" (2/-), the half crown (2/6), the crown (5/-), the half sovereign (10/-) and the sovereign (£1).

Despite a great amount of public disapproval, the existing monetary system was replaced by a decimalised system in the UK in the early 1970s. The pound was to be divided into one hundred pennies, with 50p, 10p, 5p, 2p, 1p and 1/2p coins. The old money was phased out over the next decade, although it could still be used, with a shilling being worth 5 'new pence', and a sixpence 2 1/2p. In the UK, 15 February 1971 became known as 'decimal day' as it this was the day that the currency was switched. The main reason for decimalisation was that advances in computers meant they could be used for financial transactions, and a decimalised currency system was much less complicated to program than the current one.

The old halfpenny was withdrawn in 1969, and the half-crown at the end of the year. Shillings and florins remained in circulation until the early 1990s, and when new smaller versions of the 10p and the 5p were introduced. The new halfpenny only lasted 13 years before being withdrawn. A 20p coin was introduced in 1982, a £1 coin in 1983 and a £2 coin in 1997.

In 2008 the designs on all coins were changed. When the six coins worth less than £1 are now positioned in a certain way, they together make the shield design found on the £1 coin.

British Pound today

Today one British pound is worth around $1.60, and one US dollar is worth around 60p.

The British pound is the second most popular currency used at online casinos, after the US dollar. Players who use financial accounts in GBP will have no problem in funding their gambling accounts, or playing casino games using pound sterling.

Welcome Bonus

17644

T&Cs Apply

Visit

NEWLY RELAUNCHED on the Aspire Global platform. Welcome package up to £66 and 66 Extra Spins on Big Bass Bonanza. Offer valid on first two deposits. 1st deposit offer 100% bonus up to £66. 18+. New players only. Minimum deposit £20. 35x wagering applies, within 21 days. Full T&Cs Apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17609

T&Cs Apply

Visit

Welcome package offering up to £5000 Bonus and 500 Free Spins over 5 deposits, starting with 400% up to £2000 and 100 Free Spins on Wolf Gold on 1st deposit. Minimum deposit £20. Coupon code BIG1 required. Wager 50x Bonus. Full terms apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17764

T&Cs Apply

Visit

Welcome offer 100% up to £100 + 100 Spins on Big Bass Bonanza. 18+. New Players Only. Minimum Dep £20. Offer: 100% of 1st deposit up to £100 + 100 Spins on Big Bass Bonanza. Spins expire after 23:59 GMT on day they are credited. Spins winnings credited as bonus, separate to Cash funds, & subject to 35x wagering of bonus + deposit amounts. Bonus funds expire after 21 days. Affordability checks apply. BeGambleAware.org. Terms Apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17641

T&Cs Apply

Visit

NEWLY RELAUNCHED on the Aspire Global platform. Welcome offer 50 Extra Spins on Big Bass Bonanza on your first deposit. 18+. New players only. Minimum deposit £20. 1st deposit: 50 spins on Big Bass Bonanza. 35x wagering applies, within 21 days. Maximum wins from spins £100. Spins expire after 24 hours. Full T&Cs Apply

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17670

T&Cs Apply

Visit

Sports Welcome Bonus 100% up to £500. This offer is only available to new players who made their first deposit. Minimum deposit required £20. Welcome Sportsbook Bonus applies only for Sports Betting. The wagering requirement is 20x the Deposit and the Bonus amount on minimum 2 events each with at least 1.4 odds before requesting withdrawal. The bonus must be wagered within 30 days. Bets on Baseball, Tennis, Handicap or Draw no Bet do not contribute towards the wagering requirement. Freshbet General Terms and Conditions apply to this promotion.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17427

T&Cs Apply

Visit

Welcome offer 600% Bonus and 100 Free Spins over your 1st 2 deposits, starting with 300% Bonus and 50 Free Spins on Cash Bandits 3 on 1st deposit. Coupon code WELCOME1 required. Min deposit £20. Maximum Bonus £5000. Maximum winnings from Free Spins £50. WR Bonus 20x. WR Free Spins winnings 45x. Full terms apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17456

T&Cs Apply

Visit

Welcome package of €500 and 100 Spins over 1st 3 deposits, starting with 200% up to €200 and 20 Spins on Alkemor Elements on 1st deposit. Minimum deposit €20. Terms and conditions apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17421

T&Cs Apply

  • Enter Bonus Code WELCOME1
  • Pay By Mastercard + 5 more
Visit

Welcome offer 300% Bonus up to £10000 and 50 Free Spins on 1st deposit. PLUS Claim 300% and 50 Free Spins again on the 2nd deposit. Coupon code WELCOME1 required. Minimum deposit £20. Free spins valid on Cash Bandits 3. WR 20x deposit + bonus amount. Winnings from Free Spins will be subject to wagering of 45x. Full terms apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

10267

T&Cs Apply

Visit

Welcome offer 50 Free Spins on Book of Dead on 1st deposit. New players only. Minimum deposit £20. Wager from real balance first. 50x wagering the bonus. Contribution varies per game, selected games only. Wager calculated on bonus bets only. Bonus is valid for 30 Days from receipt and free spins for 7 days from issue. Maximum conversion 3x bonus amount or from free spins £20. Excluded Skrill deposits. Withdrawal requests void all active pending bonuses. Full Terms apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17074

T&Cs Apply

Visit

Welcome package giving 450% up to £3000 and 140 Free Spins on Take the Bank over 3 deposits, starting with 200% up to £1000 and 60 free spins on 1st deposit. Or if you want to go large with a deposit from £300 check out the VIP welcome bonus pack offering 650% up to £3000 and 200 FS over 3 deposits. Min deposit £30. WR 40x bonus amount + deposit before any proceeds from that bonus can be withdrawn. Bonus spins for the game Take the Bank will be automatically added each day for 3 consecutive days. Players will receive 20 free spins each day starting from the day of the bonus activation. Free spins must be activated on your account within 24 hours. The bonus is valid for 10 days after activation. The promotion is subject to the general bonus terms and conditions and to the terms and conditions of the casino.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17065

T&Cs Apply

Visit

Welcome offer 400% Casino Bonus up to £1200 and 10% Cashback on losses each day up to £2000. Plus get an 150% Reload Bonus up to 8 times each week. New registrations, first deposit only. Minimum deposit £25. Welcome Casino Bonus can be used on slots and only on the following Provider: Egt, Netent, Novomatic, Play n go, Pragmatic, Amatic. Bonus amount is subject to a wagering requirement of 45x within 45 days. Full terms apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17057

T&Cs Apply

Visit

Welcome offer 200% up to £1000 and 50 free spins on 1st deposit. New players only. WR 30x deposit and bonus money. Full terms apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17025

T&Cs Apply

Visit

£4000 Welcome Package over 4 deposits, starting with 200% up to £1000 on 1st deposit. Minimum deposit £20. Bonus code RVWB200 required. The amount of the deposit and the bonus must be rolled over 35x in order to convert the bonus into real money and cash out any winnings. General Terms and Conditions apply

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17012

T&Cs Apply

Visit

Welcome offer 300% Bonus up to £1200. New registrations only, 1st deposit only. Minimum deposit £25. Maximum Bonus £1200. Welcome Casino Bonus can be used on slots and only on the following Provider: Egt, Netent, Novomatic, Play n go, Pragmatic, Amatic. Bonus amount is subject to a wagering requirement of 45x within 45 days. General Terms and Conditions apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only

Welcome Bonus

17188

T&Cs Apply

Visit

£6000 Welcome package across 5 deposits, starting with 400% bonus up to £2000 and 100 Free Spins on 1st deposit. New players only. Code WELCOME4C required. Minimum deposit £20. 50x WR on bonus. Full terms apply.

BeGambleAware.org - Please Gamble Responsibly18+ Only