Bet365 is a wildly popular online cricket betting site in India. It has over 1 Million or 10 Lakh Active Indian Punters spending a lot of time there. Bet365 which has become a $1.5 Billion Business and majority of its business comes from India as well.
Betting which is Illegal in India but very popular thanks to the digital age and lack of strict cross border internet laws.
Indian users safely deposit and withdraw money from Bet365 in India. The Deposit is generally quick like 1-2 seconds. But Withdrawl make take around 6-7 Days overall.
For Example, let us take a Scenario where Skrill was used as a Payment Method at Bet365. You can not use your Indian Debit Cards directly.
So Here is the Entire Deposit and Withdraw Process in INR.
Depositing 1000 INR at Bet365 using Skrill
- Create an account at Skrill
- Deposit 1000 INR into your Skrill account using any debit card.
- Make sure you choose Non Gambling option.
- You will be charged 1.9 to 2.2% Extra depending on Visa or Mastercard.
- Overall you will end up paying up to Rs. 1044 to Skrill for a 1000 Rupee Deposit.
- Deposit the 1000 Rs to Bet365 (No Fees Applied)
Now you can not directly use this Skrill account with Bet365 so you need to create a different account especially for bet365.com
Transfer 1000 Rs from your Skrill account to your new Skrill account. There will be no transaction charge for this.
More Details about how to use Skrill for depositing and withdrawing is available here.
Withdrawing from Bet365 in India
Let us assume you made a profit of 200 INR on 1000 you deposited earlier and you want to withdraw all your money.
- Request Withdrawal of Rs. 1200
- Withdrawl will be done to Skrill only.
- It takes around 4-24 Hours for the money to reach your Skrill Account.
- Bet365 will charge no fees for this withdrawal.
- You will get exactly Rs. 1200 in your Skrill account.
Transferring money from Skrill to Bank Account
Skrill has the Option to transfer funds to your bank account via International Wire Transfers.
The Fees for International Wire Transfer is Rs. 493. So From 1200, you will get around Rs. 700 in your Bank. And the Process will take 4-5 Days.
Overall you made a loss of around Rs. 300 in this whole process. And that is very disappointing.
But the Important thing to note is the entire withdrawal process to bank takes around 5-6 Days which is very quick and amazing.
Avoid Loss While Withdrawing to Bank
If you are patient you can easily avoid losses while transferring money to your Bank. First of all Whenever you Withdraw
First of all, Whenever you Withdraw, Make sure you have made a profit of at least Rs. 3000 or more on your Initial Deposit of any amount.
On 3000 You will Make a Net Profit of over Rs. 2500 which is Very good. The Fees of Rs. 493 charged by Skrill is fixed for every transaction and doesn’t depend on the amount you choose.
Withdrawing Money from Bet365 in India is a very fast and honest process. But the only thing you need to make sure is to avoid withdrawing small amounts of money. Withdraw funds only when your profit is substantially higher. At least More than Rs. 3000.