Pros & Cons Of A Skrill Account For Matched Betting

Whether you’re in Matched Betting for the long haul or simply want to speed up the process in which you are able to capitalise on your results. It makes sense to have an e-wallet. The most common of which in Matched Betting is Skrill.

Skrill was founded in 2001, and is formerly known as MoneyBookers. It allows payments and money transfers to be made through the internet with a focus on low-cost international transfers. The company was launched and continues to operate in London, England.

So, let’s get started on the many benefits (and drawbacks) of opening a Skrill account for Matched Betting…

Benefits of Skrill

Speed

So many people complain about the lack of offers they are able to complete on a weekend due to not having the bank or float to do so. The time in which it takes your bank to process the withdrawal from a bookmaker account certainly doesn’t help – especially on a weekend.

However, Skrill has the ability of INSTANT withdrawals. That’s right, no more pending withdrawals instead you can option instant access to you’re funds and move straight onto the next offer…

Anonymity

When it comes to matched betting, many people question the impact it’s going to have on their mortgage applications and / or credit rating. One way to prevent all of this is with a Skrill account.

You won’t have to share your bank information with the bookmarkers and you’ll be able to keep all your matched betting transactions separate from your everyday banking.

Bank Card

Skrill also offers customers a pre-paid card. This can be used to add and withdraw funds from your account, make payments at selected retailers and use as travel money.

Exclusive Offers

Skrill also have some exclusive offers, these provide you with an opportunity to get specially designed offers with the bookmakers. Before you’re alarm bells start ringing, don’t worry. Many ‘professional’ and proficient gamblers also use Skrill so they won’t just straight assume you’re someone who is Matched Betting.

Here’s just some of the available offers on my own account right now;


Customer Support

Skrill is a regulated service, and just like any regulated service it has a dedicated customer service support area. This includes an instant FAQ section as well as contact options including email and telephone.

So, should you have any questions you’ll be safe in the knowledge that there is always someone around to help.


Drawbacks of Skrill

I believe for many the benefits are going to outweigh the drawbacks. However, that’s not to say Skrill doesn’t have some…

Sign Up Restrictions

Some bookmakers do not allow initial deposits from Skrill in order to qualify for the sign-up offer. I’ve created the table below with all the details you need to know.

BookmakerMin DepositMin WithdrawalFeesWithdrawal TimeBonus Ok?
10Bet£5£50%1 - 2 daysNo
888 Sport£10£30%2 - 3 daysNo
Bet365£5£50%Up To 24hrsYes
Betfair£10Any0%Up To 24hrsYes
Betfred£5£50%Up To 24hrsNo
BetVictor£5£100%Up To 24hrsNo
Betway£10£100%Up To 24hrsNo
ComeOn£8£165% (0% withdrawal)Up To 24hrsNo
Coral£5£50%Up To 24hrsYes
Ladbrokes£10£100%Up To 6hrsYes
Netbet£10£100%2 - 4 daysNo
Paddy Power£5£100%1 - 4 hoursNo
Titan Bet£10£100%2 - 3 daysYes
Unibet£10£100%Up To 12hrsNo
Vernons£10£100%Up To 24hrsNo
William Hill£10£50%Up To 24hrsYes
Winner£5Not Available0%Up To 3 daysNo

This table is correct at the time of publishing. As always, I’d recommend checking with the bookmaker before proceeding to deposit or withdraw using Skrill.

As always I’d love to know what you guys think. Have you used a Skrill account in the past? Does it help you with matched betting? Let me know in the comments below…

2017-10-22T02:15:52+00:00

One Comment

  1. Francesca - From Pennies to Pounds April 26, 2017 at 9:15 am - Reply

    Hmm, I think I’ve used one before but I can’t remember! Still, very handy to know about. Thanks 🙂

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