When it comes to online betting, Skrill is considered to be one of the best payment methods out there. This is because it is easy to use, is fast, and is a payment option that is accepted at most betting sites. They have a strong affiliation with gambling as they just so happen to be the first e-Wallet that tied their fate to online betting sites. In the review below you can find out all that you should know about this great payment method.
What Are the Best Betting Sites That Use Skrill?
Top 10 Skrill betting sites:
- paddy power
- william hill
What will you learn on the "Skrill betting site" page?
Why Use Betting Sites with Skrill?
Just the same as all else in life, there are advantages and disadvantages to using a Skrill betting site to bet on sports. Below, we are going to take a look at what some of the main ones are so that you can decide whether you want to make use of betting sites with Skrill when it comes to placing bets.
Let us first take a look at some advantages:
Easy to use: When you are depositing money into your sportsbook account at your favourite bookmaker so that you can place a bet, you want a banking method that is easy to use. Nobody wants to have to mess around each time they want to deposit or withdraw money. Therefore, you will be glad to hear that you will have no difficulty depositing money into the Skrill account and then into your sportsbook account. You do not need to remember card details – with just a password and email you are ready to go and play.
Widely accepted: You will find that Skrill is accepted at the majority of online betting sites that you will come across. This is great because if you decide to register with a few different bookmakers, then you will be able to deposit and withdraw money from each account using just the one payment method so that you can make a bet stress-free. This is a lot more convenient than having to use a different payment method for each account that you have and everytime you want to place a bet with a different bookie.
No fees: When you are depositing money into your sportsbook account so that you can place a bet or withdraw money from it, there will usually be no fees that you have to pay. This is because the majority of bookmakers (the same applies for casinos) will often pay any costs themselves. We must stress here that there are some sportsbooks that will charge a fee, but these are rare, and the fees are often quite small. However, if you want to deposit money from your bank into your Skrill account or withdraw from your Skrill account to your bank, there will be some fees that you have to pay. You can find out more about fees further down the page.
Let us now take a look at some disadvantages:
Not eligible for bonuses: When you read the T&Cs that are attached to the Welcome Bonuses offer of many bookmakers you will find that those who make a deposit using Skrill as their payment method will not be eligible for the bonus. This might seem strange when you consider the popularity of Skrill, but there is a valid reason why bookies and other gambling sites have this policy. A Welcome Bonus, whether at a sportsbook or casino is only meant to be used once per customer. However, many fraudsters have set up multiple accounts to get multiple bonuses and abuse of the offer, and the most common payment they used was Skrill. Therefore, many bookies and casinos now protect themselves from this type of fraud by excluding Skrill. However, not all sportsbooks have this policy, and there are plenty of UK sports betting sites that are happy to give Skrill users bonuses and a good offer, such as Paddy Power, Coral, and Unibet.
There is no live chat: If you have issues with depositing or withdrawing money from the bookies’ side, then you can get in touch with their customer support team via live chat and they will help you solve the issue as quickly as possible. However, if you have issues on Skrill’s side, there is no live chat option available. You can send them an email or give them a call, but they can take as long as 24-hours to reply to your email and if their lines are busy then you can find yourself waiting for a while before you get through to a customer support agent.
Is Skrill Secure – Is It Safe to Use Betting Sites Accept SkrillIf you decide to use Skrill as your payment method when using a bookmaker, then you can rest assured that your funds are perfectly safe. First of all, you do not need to provide bank details to the betting sites accept Skrill, meaning that you only have to trust Skrill. You can trust Skrill as they make use of the best encryption technology around to make sure that your personal information and money does not end up in the wrong hands. Furthermore, if someone does manage to access your account, which is something that has very low odds of happening, any money that is lost by you is covered by Skrill. Furthermore, for added security, before you can use your Skrill account properly, you need to verify your account so that they can make sure that you are who are you say you are and that you are not some fraudster. How is it that you verify your account? Well, we have briefly explained that for you below:
- Go to the Skrill settings page and click the “Account Verification” button, and then select the “Verify Now” button
- You will then be required to take a photo of a driving license, passport, or ID card. After this, you need to then take a selfie while holding a sheet of white paper upon which you wrote “Skrill”, together with the day’s date. This is how they will verify your identity
- The thing that you have to do next is verify your address
- You can turn on the geolocation feature or simply upload a copy of your bank statement or utility bill that is not older than ninety days. If you go for the bank statement option, the statement has to show your bank’s logo, your name, and your address clearly
What is Skrill?
Skrill is one of the world’s most popular e-Wallets as it gives you the option of transferring your money domestically and internationally. It is used by over 40 million people and they have become PayPal’s biggest rivals. When Skrill first came on the scene back in 2001, they only let their customers transfer their funds to other users of Skrill. However, they have added more services and now users can withdraw money straight from their bank account, which makes it ideal to use with your favourite bookmaker. They owe their popularity to the fact that they are available in more than 200 countries and that they accept over 40 currencies.
How to Create a Skrill Account in the United Kingdom
You will be glad to hear that registering with Skrill is a simple process. The last thing that anyone is looking for is a complicated process when signing up for a new payment method. So, how exactly do you go about opening a Skrill account? Well, all is explained below.
- Enter the Skrill site and click the “Register” button that is located at the top right of the homepage
- You will then be required to fill in a form with personal information like your first name and surname, your email address, and then a strong password
- Take a few moments to read the T&Cs and then click “Register Now”
- You will then be taken to a second form where you will be required to enter the country you are living in as well as the currency that you would like to use. To avoid annoying exchange rates, choose the same currency that you are going to be using when you are placing bets at the sportsbook
- You will then be asked to choose your preferred payment method. There will be some more personal data that you will be required to add, and once you have added this you will have a new Skrill account
Fees and Commission for Using Skrill
You should always look at the fees involved when you are selecting a payment method to use. Fees will often come in the form of transfer fees, deposit fees, exchange fees, and withdrawal fees. Below we explain the main fees that you will find when using Skrill. We should add that these are fees from Skrill’s side, not from the sportsbooks’ side.
Deposit fees: Whenever you deposit cash into your Skrill account, there will be a charge that is 1% of the total amount that you just deposited.
Withdrawal fees: If you are using your bank as your Skrill payment option, then there will be a charge that is the equivalent of 5.50 euros whenever you make a withdrawal. If you would like to withdraw straight from your Skrill account into your debit or credit card, then a fee of 7.5% will apply. This is quite high in our opinion.
Transfer fees: If you want to send cash to someone else’s bank account in another country, then there will be no fee that you have to pay. However, if you send money to someone’s bank account in the same country as you are in, there will be a fee of up to 2%. If you are sending money from one Skrill account to another, it is free of charge. You will be glad to know that when you are receiving money from someone that you will not have to pay any fees.
Currency conversion fees: If a currency conversion has to take place then a min fee of 3.99% will apply. This fee will be added immediately, and you will not be told about it.
N.B. You have to make sure that your Skrill account remains active or you will be charged a small administrative fee. If you do not use your account for 12-14 months, then there will be a fee of 1 euro per month.
UK skrill Betting Sites
Our Opinion about Betting with Skrill
In our opinion, Skrill is a good payment method to select if you want to deposit and withdraw money from a sportsbook. The reason for this is that it is widely accepted as a banking option at many bookmakers and it is easy to learn how to use. Another good thing about Skrill is that they have an app that you can download on iOS and Android devices. You can use this app to conveniently deposit money at a sportsbook, but if you have a Blackberry or Windows device you will have to stick to their website for the time being as there is no Skrill app for these devices.
However, one thing that might put you off is the fact that the majority of online betting sites are happy to accept Skrill as a payment option, but they do not give their Welcome Bonuses to any new players that make their first deposit using Skrill. If getting a Welcome Bonus is a must for you, then we recommend that you use another payment method or that you make sure that you create an account and play with a sportsbook that allows Skrill users to make use of their Welcome Bonus. This includes the likes of Paddy Power, Unibet, and Coral.
What You Need to Know About Skrill
Below you can find three questions that are frequently asked about Skrill as a payment method.
What Are the Skrill Betting Sites?
The majority of online sports betting sites will accept Skrill as a payment method, but there are plenty of sportsbooks that will not allow those who make deposits using Skrill to take advantage of their Welcome Bonus offers. There are some that do allow Skrill users to claim the Welcome Bonus offer and this includes the likes of Coral, Paddy Power, and Unibet.
What is the Advantage of Betting with Skrill?
An advantage of using Skrill to place deposits and to make withdrawals is that it is accepted by the majority of bookies as a payment option. Another great thing about it is that it is easy to use and you will have no problems opening a Skrill account.
Can I Withdraw with Skrill?
You will be glad to hear that you can use Skrill to withdraw money from any sports betting account that accepts it as a payment method. The withdrawal process from your bookmaker is free. Once you have withdrawn your money from your sportsbook account, you can then make withdrawals from your Skrill account to your bank account. This is not free as there will be a small fee that customers will have to pay.
Sheldon has a passion for writing and for sports. He is a huge fan of football (Aston Villa), rugby and cricket. As well as watching these sports, he also loves to bet on them. He hopes that the knowledge that he has gained over the years will help you to improve your sports betting experience.