Among many payment methods alternative to credit/debit cards, e-wallets like Skrill are the most popular. Today, you’ll find numerous Skrill betting sites that offer fast-paced, non-stop action thanks to instant deposits and high security features of that payment platform.
Discover the greatest betting sites you can play at using your Skrill account, learn how to place your first deposit via Skrill, and what to look for when browsing the sportsbooks.
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Withdrawal limit
Online betting with Skrill is more popular than ever, mostly due to Skrill becoming one of the most common payment methods at sportsbooks. Its popularity is well deserved, and here’s why:
The key features of Skrill are convenience and security. Instead of entering a lot of sensitive information, you just log into Skrill and confirm the transaction. This way, you can get back to betting instead of spending all your time typing credit card numbers and waiting for your bank to process the payment.
So, to start betting with Skrill, here’s what you need to do:
After this point, the money should be deposited into your betting account and you can start building a betting slip.
With so many betting sites available online, picking the best ones to bet at can be quite challenging. That’s why we developed a criteria for reviewing and ranking the Skrill betting sites.
Reputation is everything for an online betting site. The competition is fierce and many of these bookies have been around for several decades. That’s why a well-known site is often a great place to bet at. Add a good set of security features and you’ve got a formula for a sportsbook worthy of a recommendation.
As it typically goes with e-wallets, betting sites may not always accept them as a method of payment. Even if a bookie does accept Skrill deposits, it may impose restrictions on withdrawals, or not even offer Skrill withdrawals at all.
For us, a sportsbook has to offer both deposits and withdrawals through this platform to be considered for our list of the best Skrill betting sites. We also check for limits on withdrawal amounts and minimums for transactions, especially whether they’re in line with other banking options at the site.
Does the sportsbook offer free bets as a welcome bonus for new players? Can Skrill users activate promotions and other bonuses, or do they need to use a different deposit method? These are the questions we try to answer when reviewing betting sites that accept Skrill. We also check for the frequency of promotions and how varied they are, to confirm that the sportsbooks have an exciting offering and keep the players entertained.
Analyzing the new betting sites, we also need to evaluate the quality of each sportsbook. We’re looking at the number of sports available, different betting markets, and whether the odds are competitive. A good sportsbook not only has to offer Skrill betting and bonuses but also a lot of interesting events for punters to bet on.
Like any other payment processor, Skrill has its advantages and disadvantages, especially when we talk about betting online. So, here are some of the limitations and disadvantages of Skrill you should consider before using this service to make bets online:
You will be charged a small fee (typically 1%) when adding funds to your Skrill account. There’s also a fee when you’re unloading the funds from Skrill, on top of whatever the betting sites take when you withdraw your winnings.
Despite being around for a long time, Skrill is still not as popular as other betting payment methods like PayPal. Not every market is supported and, likewise, there are many betting sites that don’t accept Skrill.
Learn about Skrill’s deposit fees. The platform charges different fees depending on how you’re reloading your account, especially if there’s currency conversion involved. At the moment, wire transfer and Rapid transfer have the lowest fees.
Make sure to check the minimum deposit requirements when betting with Skrill. Sometimes, bookies set a different minimum amount for e-wallets and other non-credit card payment methods. This is also important so you can reap the benefits of various promotions, since they typically have a certain required deposit to activate.
Account for a withdrawal fee when cashing out your winnings from a sportsbook. Although deposits are mostly free, every betting site charges a fee when withdrawing, so be sure you’re acquainted with their terms.
Lastly, keep your Skrill account secure. Avoid logging in on public devices, never give out your password and, if possible, add a multi-factor authentication method to your account.
