Choose e-wallet for Sports Arbitrage Betting

If we have to name the "king" of the e-wallets for sports arbitrage betting, definitely Skrill is the right name. The previous name of the king was Moneybookers, so don't get confused if somebody tells you that Moneybookers is better than Skrill or the opposite - it is the same e-wallet.

Unlike the other e-wallets, Skrill welcomes people from almost all around the world which is a great benefit. But this is not everything - Skrill offers a range of free methods of deposit for many specific countries. For transferring money between accounts the cost is 1% for the sender and the recipient has no fee. If you are withdrawing money from Skrill to your bank card the fee is fixed 2,95€ and if you are depositing money from your bank card to your Skrill account there is 1,90% fee (for users of Paysafecard the fee is 5,50%) If you compare this to PayPal, where for example the fee for transfer is average 3,4%+0,35€ and the receiver pays the fee, you will definitely convince who cares more for your funds.

One more reason why Skrill is the best e-wallet for sports arbitrage betting is that it accepts every major currency. This way you will choose which currency is more comfortable for you to use. Usually, arbitrage bettors choose euro, but anyway there are still some that prefer different currency. If you are converting the currency while transferring money the fee is from 2,99% to 3,99%(between USD, GBP, EUR, CAD or PLN) and 4,99% for any other currency.

One more advantage for Skrill is that they have their VIP package with different levels. For example, if you transact over 6000€ within 3 months you will get the Bronze level. Bronze level includes higher ATM limit, your depositing fee will decrease from 1,90% to 1,25%, transferring money between accounts will change from 1% to 1€ and etc. You can check all the VIP benefits here.

Neteller is the second pretender for the throne of the best e-wallet for sports arbitrage betting.

He also welcomes people from almost all around the world except countries like Kazakhstan, Iran, Syria, China and etc. The full list of available countries you can check in Netteler.com->About->Availability. For transferring money between accounts there is no fee for sender and recipient. If you are withdrawing money from Neteller to your bank card the fee is from 4 EUR to 25 EUR. If you want to deposit money from your bank card to Neteller account the fee is from 1,9% to 4.95% ( for users of Paysafecard the fee is from 5,50% to 9,9%) and for some transfers like Local bank deposit or International bank transfer, there is no fee.

Neteller supports 22 currencies: USD, EUR, AUD, BGN, CAD, DKK, GBP, HUF, INR, JPY, MYR, MXN, MAD, NOK, PLN, RON, RUB, SGD, SEK, CHF, TWD, TND. If you are converting the currency while transferring money the fee is 2,95% to the average daily interbank market rate published by third-party foreign currency data provider. Neteller retains this amount as a foreign exchange processing fee to protect against exchange rate fluctuations.

Neteller also has VIP package you can apply for. The bronze packet includes 1 000 000 USD daily ATM cash withdraw limit and 2,95% FX fees. There are also Silver, Gold, Platinum and Diamond package.

To summarize, we can say for Neteller that they do not have clear politic for what fees are going to charge you with. It is hard to find the information you need on the internet and is changing their fees very often. It is hard to know what's going on, but anyway, it is a little bit better than PayPal. We suggest if you have the opportunity to use Skrill, do it - their politic is clear enough and you can easily find all the required information on the internet.