Sports Betting with Skrill Withdrawal

How to Withdraw Funds from Skrill Sports Betting Sites

Skrill is one of the most popular sports betting withdrawal options today, mostly due to the streamlined process for requesting payments, but also its high level of player account security.

To cash out of a betting site and get the money into your Skrill account you just need to follow these steps:

• Log into the sportsbook you’d like to withdraw from.
• Head to the Cashier option. Depending on the site it’s either in your account or available from the main menu of the site.
• Select Withdraw Funds and select Skrill from the list of withdrawal methods.
• Enter the amount you wish to withdraw and your Skrill email. Take note of the minimum withdrawal amount required by the betting site, but also the withdrawal limits.
• If this is your first withdrawal, you’ll most likely be required to verify your account and provide a valid identification document.
• Confirm the withdrawal and wait until the sportsbook processes your request.

Withdrawal time for betting sites with Skrill withdrawal is typically under 24 hours, which is mostly due to the bookies having to manually process and verify each withdrawal request. After the request has been processed, the bookie will send the funds to your Skrill account, where they’ll appear pretty much instantly.

Advantages and Disadvantages of Using Skrill as your Betting Withdrawal Method

As you can see, betting with Skrill is very popular due to the fast-paced nature of the platform.

So, here are the advantages of betting with Skrill withdrawal:

• Skrill is accepted in over 100 countries and has become a common payment method at many betting sites. It supports 40 currencies now.
• Skrill is a gambling-friendly platform, meaning that it doesn’t freeze up your account if it notices funds coming in from casino or sports betting sites, unlike many other betting payment methods.
• Skrill is more convenient than credit cards and wire transfers. You don’t need to enter private information and the transactions don’t appear in your banking history, only in your personal Skrill account.
• Like other e-wallets, Skrill offers near-instantaneous transactions. The money is usually in your account the moment the sportsbook ends processing your withdrawal request. This makes withdrawal time with Skrill much shorter compared to credit cards.

While there are certainly some great benefits of this platform, it does come with a few caveats and disadvantages:

• Fees for your Skrill betting withdrawal tend to be a bit higher than those for credit cards. Generally speaking, e-wallets set higher fees to counter their convenience, especially when withdrawing funds from the e-wallet to a bank account.
• Certain bookies either don’t offer Skrill withdrawals (only deposits), or they impose higher withdrawal minimums for e-wallets. Simply put, the service is not as widely accepted as VISA or Mastercard.

All in all, Skrill is a great choice for your betting endeavours. It’s fast, convenient, and secure, but you’ll just have to live with its fees and calculate them into your losses before withdrawing the winnings.