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
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…
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.
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.
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;
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.
|Bookmaker||Min Deposit||Min Withdrawal||Fees||Withdrawal Time||Bonus Ok?|
|10Bet||£5||£5||0%||1 - 2 days||No|
|888 Sport||£10||£3||0%||2 - 3 days||No|
|Bet365||£5||£5||0%||Up To 24hrs||Yes|
|Betfair||£10||Any||0%||Up To 24hrs||Yes|
|Betfred||£5||£5||0%||Up To 24hrs||No|
|BetVictor||£5||£10||0%||Up To 24hrs||No|
|Betway||£10||£10||0%||Up To 24hrs||No|
|ComeOn||£8||£16||5% (0% withdrawal)||Up To 24hrs||No|
|Coral||£5||£5||0%||Up To 24hrs||Yes|
|Ladbrokes||£10||£10||0%||Up To 6hrs||Yes|
|Netbet||£10||£10||0%||2 - 4 days||No|
|Paddy Power||£5||£10||0%||1 - 4 hours||No|
|Titan Bet||£10||£10||0%||2 - 3 days||Yes|
|Unibet||£10||£10||0%||Up To 12hrs||No|
|Vernons||£10||£10||0%||Up To 24hrs||No|
|William Hill||£10||£5||0%||Up To 24hrs||Yes|
|Winner||£5||Not Available||0%||Up To 3 days||No|
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…