Skrill betting sites
Funding online betting accounts with Skrill is easy in 2021 with many good sports betting sites accepting this payment method. Skrill is an e-wallet service that allows you to both fund and withdraw from online bookmakers. The best Skrill betting sites are heavily regulated and will be safe places to bet on sports and racing events from right around the world. Skrill is free to use in most cases and is one of the more popular bookie deposit methods used at online bookmakers in countries with regulated gambling industries.
Top Skrill betting sites
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Best Skrill bookmakers online
If you value fast, discreet, and secure payments, you’ll enjoy the convenient services offered at Skrill betting sites. The company provides unparalleled experience in the marketplace and a top-notch customer support network.
Skrill have become a household name as a preferred e-commerce payment solution, and you won’t have any trouble finding a wide variety of online Skrill sportsbooks. Our Skrill betting site verdict is that the payment provider offers you all the needed services to move money globally in a fast, secure, and affordable manner.
Skrill is an e-wallet service that’s been moving funds internationally since 2001. Formerly known as Moneybooker, Skrill has gone from strength to strength over the years. In 2015, the PaySafe Group, which also owns Neteller, acquired Moneybooker. Skrill retained its unique corporate identity and currently serves millions of e-commerce payments annually, including a significant amount of business from the online gambling industry.
With the recent online casino boom, more punters are looking for alternative ways to make and receive payments globally. Skrill is a known and trusted brand that offers an alternative to traditional banking services and is fast, secure, and affordable. Registering a Skrill account online is straightforward and quick. You can fund your e-wallet from various sources such as credit and debit cards, wire transfers, and bank transfers.
You can move money between Skrill wallets worldwide at no cost and at speeds that traditional banks can’t compete with. Sending money between the United States of America and the United Kingdom takes one hour, and it won’t cost you a cent. The only time charges will apply is when you deposit or withdraw between Skrill and a local bank, as the banks will have their own standard fees.
Skrill provides a modern payment method for online gambling, and there is an abundance of online sportsbooks and casinos that support it as a viable payment method. You can use Skrill for deposits and withdrawals, and it is known to be amongst the fastest payout methods to use when making online casino withdrawals.
How do Skrill betting sites work
Most of the very best online bookmakers accept Skrill payments, and it’s an excellent solution if you want to fund your sportsbook account instantly. Most punters play on sites worldwide and need a cross-border payment solution that is affordable and safe, which is something that Skrill provides.
With recent legislation that prohibits using credit cards as a payment method to fund online gambling activities in the UK, payment systems such as Skrill are sure to increase in popularity. The main reason for this change in legislation is that problem gamblers use a line of credit to place bets, which leads to financial distress later on.
With Skrill, such problems do not exist as you pre-pay all funds into your wallet like cash. Skrill do not supply loans, instead providing a convenient and secure method to move funds globally. Although this legislation is not in the US, it will have a direct impact on the UK based bookies you bet with. Skrill offers the perfect alternative, and you can continue to place your international stakes without concern.
To make Skrill bookmaker payments is straightforward. You access the cashier on the bookmaker’s website and select Skrill from their list of options. Your funds will be available instantly, meaning you can place your bets almost straight away, while it is available in over 200 countries, making it an excellent solution if you enjoy various betting markets.
The added advantage of using a Skrill bookmaker is that you will be able to make small deposits compared to most other payment systems. Some online Skrill bookies allow minimum deposits and withdrawals from as little as $3. This ensures that all types of bettors are catered for, whether you’re a novice or a high-roller.
The major betting sites where you can enjoy the ease of making Skrill deposits and withdrawals include William Hill, Betway, and Sportingbet.com. Although the company is situated and managed from the UK, their user-friendly app is easy to access in your preferred currency and region. Skrill is fully licensed and they are authorised and regulated by the Financial Conduct Authority, assuring you that your money is in safe hands.
Skrill online betting history
Since Skrill’s creation in the UK back in 2001, many bookmakers have accepted it as a viable payment method. As the industry grew and Skrill became a household name, its popularity as a trusted payment system increased and developed with the online betting industry. Skrill and betting history is an exciting tale of success, and we take a look at some of the defining moments in time.
Daniel Klein and Benjamin Kullman started Skrill in 2001 as Moneybookers. Their focus was on creating a payment service with a core internet functionality. This all took place during the worldwide race to perfect the first operational digital wallet. Unfortunately PayPal beat them at the time. Currently Skrill is experiencing exponential growth after integrating with social platforms such as Facebook and Skype as well as e-commerce site eBay.
Milestones achieved by Skrill over the years include:
- 2011 – Moneybookers reach a fixed customer base of 25 million and integrate on platforms such as Skype, eBay, and Facebook. The company announces that it will rebrand as Skrill.
- 2013 – Skrill acquires the Austrian payment system, Paysafecard. Later the same year, Skrill was bought by CVC Capital Partners for €600 million.
- 2014 – The New Jersey Division of Gaming Enforcement approved Skrill as the only allowed digital e-wallet for online gambling in its state.
- 2015 – Skrill and Neteller combined forces in a €1.1 billion acquisition. Skrill also takes over Ukash.
- 2018 – Skrill allows customers to purchase cryptocurrencies with their e-wallet balances as an investment.
Is Skrill a good deposit option for online betting?
Skrill e-wallets offer excellent benefits that traditional financial payment providers simply cannot match. Simply put, it is safer, faster, and more affordable to move your money worldwide with Skrill. If you’re wondering is Skrill a good deposit option at online betting sites, then the answer is a resounding yes.
Time is of the essence in sports betting. With Skrill, you can move your funds to a sportsbook within minutes, meaning that you won’t be left cursing your luck after missing out on that pre-match market you had been eyeing up. Withdrawal times are also very impressive, ensuring your cash flow remains fluid.
The one negative aspect of using Skrill to deposit to betting sites is that you’ll not be allowed to claim welcome bonuses. This is because Skrill doesn’t share your identity as the owner of the e-wallet, only revealing your email address. It makes it difficult for the online sportsbook to establish whether you have previously claimed a new player bonus.
Skrill fees for betting deposits
There are no fees for Skrill to Skrill money movements; making deposits to Skrill casinos are free of fees. You’ll only encounter costs if there are third-party providers needed to complete your fund transfers, while if you withdraw your winnings via Skrill, the same applies. You will only have charges from your local bank once you transfer funds from Skrill to your bank account. This makes Skrill fees for betting deposits one of the most affordable in the market.
- What can I do with my Skrill e-wallet?
You can make online payments to any e-commerce site that accepts Skrill. You can also buy cryptocurrency and store it in your Skrill wallet. You can use your Skrill Visa Card globally as you would any debit card.
- What is Skrill 1-Tap?
Skrill 1-Tap is an app offered by certain Skrill casinos that allows you to instantly deposit and withdraw from your wallet with the press of a button.
- What is the minimum amount I can send to an online sportsbook?
This depends on the online sportsbook’s minimum requirement, but some are as low as $3.
- Can can I cancel a transfer?
Once Skrill has actioned your transfer out of your wallet to a recipient, it can’t be canceled or reversed.
- Does Skrill have a loyalty program?
Yes, Skrill offers a loyalty and rewards program called Knect to their customers. Skrill rewards all account holders for utilising their service and when they introduce new members. You earn points that you can exchange for a variety of gifts and rewards.
- What is the maximum amount I can transfer with Skrill?
Skrill clients in the US are limited to maximum transfer amounts which range from $1,000 daily up to $10,000 per month. Each transaction is approved on merit and per customer account status.
- How long does it take to withdraw from Skrill?
This depends on the country you are withdrawing your funds to. It can take between one and five days to arrive, and you can follow each processing step on your Skrill app.