Skrill is dominating the online betting industry, as it is used by over 40% of players who want to avoid long withdrawal times and restrictions. Instant deposits are one of Skrill’s benefits, while swift withdrawals and lower fees for VIPs make it a compelling option for high rollers and recreational bettors alike.
However, not all bookies are fond of Skrill, adding extra fees on withdrawals or excluding it from Welcome Bonuses and other offers. So, is this the payment method for you?
In this guide, we’ll go over the best Skrill betting sites, their characteristics, pros/cons, fee structure and tips on how to get started with this method. But first, take a peek into our top 3 Skrill-friendly sportsbooks.
Key Info About Skrill Betting
Available in | 86 Countries | Deposit To Skrill Account | Free (via bank wire) |
Accepted by | 81 Sites | Currency Conversion | 3.99% |
Transaction Fees | Free | Withdrawal to Bank Account Fee | €5.50 |
Avg Transaction Time | Instant | Card Available | YES |
Which Are The Top Betting Sites That Accept Skrill?
What is Skrill?
Skrill is a digital payments app that allows you to create an account and transfer money to anyone in the world instantly, without the exorbitant fees often associated with card payments. Accepted in more than 131 countries worldwide, its enhanced anonymity makes it a great fit for both bettors and casual users alike.
Is it Secure?
Security is a top priority for any payments app, and Skrill is known for its safety. Starting from your account setup, all information and transactions are encrypted by SSL, while the 2-Factor-Authentication (2FA) option adds an extra layer of security. Skrill has also developed an anti-fraud system that blocks any suspicious activity and safeguards your funds from any malicious transactions.
Does Skrill Require Verification?
Although you won’t need to verify your account from the get-go, doing so allows you to access more transaction methods, remove limits or even get a physical card. The process is simple, automated and we would recommend getting Skrill verified, as zero transaction limits and VIP perks come in handy for betting.
Are There Any Hidden Fees I Should Know About?
As with every digital payment method, there are different fees involved depending the transaction to and from the application. Skrill is upfront about their fees, and the main thing you must remember is that withdrawals to your bank account have a flat fee of €5.50. If you are dealing with currencies other than Euro, an extra 1.5% fee will be added to the conversion.
How Can You Use Skrill for Online Betting?
Skrill is perfect for online betting because you can deposit and withdraw from any betting site without having to disclose your real banking details. This is critical for players living in countries with stringent gambling regulations, since Skrill doesn’t share your details with the authorities. Let’s dive into some sites you can play with this method.
Why Choose Skrill Bookmakers
Since the beginning, Skrill has been a top-notch payment option in the betting world. For years, it has been an excellent alternative for players who want to play under the radar, sharp bettors or even users from countries where traditional methods are not commonly used. In addition, many operators offer it, and the cashouts are usually free and near-instant. However, in recent years, players that use it have been profiled by the bookies.
From reduced lines to video verifications and bonus exclusions, some bookies are not keen of this method. Moreover, since the acquisition, Paysafe Group has been charging the operators record fees, making this option unaffordable. To sum up, The e-wallet is a super safe wallet to keep your balance, a top choice for emerging markets, but an average option for recreational players.
What Are the Benefits for VIP Players?
Rewarding the most active and loyal members, Skrill launched the VIP Programme, which has countless benefits. Transferring over €15,000 in a quarter will get you in the Silver Level, which goes up to Diamond when that number reaches €90,000.
Whether you are Silver, Gold or Diamond, you get 24/7 VIP support. The Silver level offers priority bank uploads. Gold and Diamond levels offer multi-currency accounts and a personal account manager as well. In terms of online gambling,g it allows high rollers to make the most of their activity and become part of an exclusive club.
Do I Have To Pay Any Fees?
Generally, sportsbooks do not incur deposit charges, and topping up your Skrill wallet with your bank account is free in most countries. As of July 2024 though a new blanket charge of $0.5 exists for deposits, but the number varies depending on the country of residence. Transfers to other eWallets, such as Neteller or Paysafe, will incur a fee from 1% to 5%.
Pros & Cons of using Skrill for Betting
In our extensive research and experience with this payment method, we have found that Skrill has several advantages and disadvantages when it comes to betting. It wouldn’t be a bookmakers.bet rundown, without covering both sides of the coin, so here’s what we like and don’t like about Skrill.
Pros | Cons |
Faster than bank transfers and cards | Bonus Exclusion from Selected Bookies |
Comes with a prepaid card | Variety of Fees makes it unsustainable |
User-friendly online payment method | |
Easy & Fast Verification Process |
How To Get Started With Skrill Betting
There’s a 3 step process you need to follow to start betting with Skrill. In this section, we dive into how you can download the app, deposit and withdraw from your sportsbook of choice, all in an easy to follow step-by-step process.
Creating a Skrill Account - Steps
- 1 First, download the official app from the App Store (iOS users) or Google Play Store (Android users). If you use a PC, the process can be completed through the official website with the same steps.
- 2 Once setup is complete, fill in the initial form with your Name, Surname, Country, Currency, Mail and Password and continue.
- 3 On the next screen, select ‘Pay Online’ as your preferred use and type your Information in the verification screen that opens up.
- 4 Then, enter the 6-digit code that was sent to your phone to verify your number.
- 5 Finally, deposit into your account from one of the available banking methods, and now you’re ready to start betting.
How To Deposit on Skrill Sportsbooks
- 1 Go to one of our recommended Skrill sportsbooks and open up an account.
- 2 Click the ‘Deposit’ button and choose Skrill from the available options.
- 3 Type the amount you want to deposit, according to the minimums and maximums specified by the bookie.
- 4 As you proceed, you will be redirected to the application (or the Skrill website).
- 5 Approve the payment and that’s it. Your account has been successfully topped up. Some sites offer Skrill 1-tap, so keep that in mind if you want to speed things up in the next deposits.
Withdrawing From Skrill Bookmakers
- 1 Log into your selected bookie and open up the cashier section.
- 2 Under Withdrawal, select Skrill as your preferred method.
- 3 Enter the account name or ID number and the amount you want to withdraw.
- 4 Proceed with the payment. In just a few seconds your Skrill balance will be updated with some sweet winnings.
What Are The Best Alternatives to Skrill?
Skrill remains a popular choice for online betting thanks to its widespread acceptance. With more alternatives like Paypal, Apple Pay or Neteller hitting the market though, more opportunities arise for bettors. Below, we stack Skrill up against 3 different payment methods, so you can compare and select the one that suits you best.
Payment Method | Deposit Speed | Withdrawal Speed | Fees | Privacy |
Neteller | Instant | Fast (1-24 hours) | Medium | High |
Skrill | Instant | Fast (1-24 hours) | Medium | High |
Bank Transfer | 1-3 days | 3-5 days | No | Low |
PayPal | Instant | 2-3 days | Low | Low |
The company is authorized by the Financial Conduct Authority (FCA) under the Electronic Money Regulations 2011 to issue electronic money, Register No. 900001 and is licensed to operate within the European Economic Area (EEA).
Whether you have a question about the app or a problem with your account arises, you can contact Skrill customer service through their dedicated platform or directly by phone depending on your country. More information can be found on the official website.
Currently, there’s no option to transfer funds directly from skrill to paypal. If you want so, the best way would be withdrawing to your bank account account and then topping up Paypal, which is not worth the hassle and fees involved.
To get verified by Skrill all you have to do is log into the app, go to Settings -> Verification and enter all the documentation asked. This will normally require an identity document, such as ID, passport or drivers license and a proof of residence issued within the last 3 months. In some cases, you can verify your account by Facebook but it depends on location.
This is a method primarily used by players who go above and beyond for their anonymity, however we’d advise against that. Skrill is aware of this and it can lead to more scrutiny and verification than it’s worth. Verifying your account will allow you to open a second profile, so make sure you stay within the terms and conditions.
If you wish to close the e-wallet, log into your account and go to Settings >> Account Settings >> Status >> Close Account. It's as simple as that.