E-wallets like Skrill are a fast and secure way for sports bettors to get money into and out of their sportsbook account. If you are looking to find the best Skrill betting site you are in the right place.
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Skrill is a little like a personal online bank account: a place to store funds online, make payments, and receive money. In the betting and the online gambling industry, Skrill is a useful middle-man between your personal banking and your betting accounts.
Using Skrill means you never need to make direct transactions with online betting and gambling sites or give a sportsbook your bank details. It’s like an extra stage of security, and it means you can manage your gambling funds efficiently and discretely.
Plus, Skrill transactions are fast and cheap, and it can be even be used for a variety of other payments, not just for sports betting.
On this page, we’ve got the full low-down on Skrill, including why so many bettors around the world use the service. We cover:
Which Sportsbooks Accept Skrill
Skrill Processing Fees
How to Make an online payment or Skrill Deposit
How to Make a Skrill Withdrawal
Processing Times, Bonuses, Promo codes, and More
Using Skrill to fund your sportsbook account is a really smart move for a variety of reasons. We cover all of them right here. If Skrill doesn't look like something you would be using, check out other sportsbook payment methods and see if there is something that fits you better.
Skrill is very widely available – in over 100 countries in fact, with over 40 different currencies supported. You can find Skrill sportsbooks in the United States, the UK, Europe and even further afield.
Along with other e-wallet services like Neteller and PayPal, Skrill emerged as a practical intermediary between bettors’ personal banking and their sports betting accounts in the 21st century. If this kind of thing – extra security and anonymity – are priorities for you, Skrill is a great shout.
While not every sportsbook supports every e-wallet, the general acceptance rate is high both in the US and elsewhere. Below we’ve put together a list of the best sportsbooks around that accept Skrill as a deposit method.
Check out our reviews for each, and if you sign up using our links we can help you claim a welcome bonus at a sportsbook.
Sportsbook | Accepts Deposit | Accepts Withdrawal | Sportsbook Review | Sign Up Now |
---|---|---|---|---|
Borgata | Yes | Yes | Borgata Review | Sign Up Here |
Caesars Sportsbook | Yes | Yes | Caesars Sportsbook Review | Sign Up Here |
BetMGM | Yes | Yes | BetMGM Review | Sign Up Here |
bet365 | Yes | Yes | bet365 Review | Sign Up Here |
Sportsbooks almost never charge fees for deposits made with Skrill, and very often don’t charge a thing for withdrawals and payouts either.
This means that Skrill is regularly one of the only banking methods that won’t cost a thing whenever you want to get money in or out of your betting account. Setting up your Skrill account is also totally free.
However, you can find processing fees attached whenever you deposit money into your Skrill wallet (using a credit card or bank transfer for example), and for withdrawing your money from your wallet. These are fees that Skrill charges, and have nothing to do with any sportsbook.
The fees vary depending on your payment method (which also varies depending on your country), but for the most part, the cost is very small. You can expect to pay a fee of 1% or 2% on deposits, while a flat fee of $5.50 for withdrawals via bank transfer is standard in the US.
However, all of these fees only apply when you want to get money in or out of your Skrill account, not for any transactions with your sportsbook. Once your Skrill account is topped up, it’s common practice to just leave your cash in there.
Since it’s so easy to transfer money to and from your bookmakers – and since you can use your Skrill wallet to pay for other things online anyway – there’s no real reason to be making regular deposits or withdrawals from your Skrill wallet.
If you have a Skrill account already, depositing is extremely easy.
All you need to do is log into your sportsbook, head to the cashier, and choose the Skrill deposit option. You’ll be redirected to sign in with your Skrill credentials, then it’s just a matter of choosing how much you want to transfer from your wallet. Once confirmed, your transfer should happen immediately.
If you don’t have a Skrill account yet, you’ll need to spend a little more time registering the first time – but once you’re all signed up depositing is very quick.
To sign up with Skrill you’ll need to provide them with certain personal information – name, date of birth, address, email, phone number – as well as choosing your preferred currency and creating a password. Once done, you’ll need to verify your info and activate your account via your provided phone number or email. If you have issues then Skill’s excellent customer support can help you. To learn more about Skrill before signing up check out their T&Cs upon sign up.
You’ll also be sent a unique six-digit code, which is an extra security step and could be requested whenever you perform certain transactions with Skrill.
Once your account is up and running, you’ll need to deposit some funds into your wallet. There are different payment options for doing so, with varying small processing fees attached. We recommend connecting your online banking directly to your Skrill account, which tends to be the easiest and cheapest way to transfer money.
And don’t forget: your sportsbook transactions never appear in your personal banking, only Skrill transactions.
Withdrawing from your Skrill account is similarly very easy.
You basically repeat the process – head to the cashier and select the Skrill withdrawal option. You’ll need to sign in with your Skrill info again, then just select how much you want to transfer back to your wallet. Fast and simple.
As mentioned before, most players are happy to just keep their funds resting in their Skrill accounts. Your money is protected and secure, and unless you have a specific reason there’s no real need to withdraw it from your wallet.
However, when the time comes withdrawing is a simple process. Just log into your Skrill account and follow the instructions. If you’ve linked your bank account, sending the money back to it will be a smooth process. But don’t forget, you’re likely to pay a small transaction fee.
Depositing and withdrawing to your sportsbook using Skrill is exceptionally smooth and quick.
Deposits are practically always instant. This means that as long as you have money in your Skrill wallet, you can transfer it over and place a bet in seconds.
Skrill is also consistently one of the fastest withdrawal methods. It can be instant too, although some sports betting sites do apply a mandatory processing or pending period on all withdrawals – often 24-48 hours.
The only slight delays with using Skrill come from setting up your account initially. The signup and verification process is easy, but connecting your bank account and topping up your wallet, takes a little time.
It’s no coincidence that e-wallet services like Skrill are hugely popular amongst sports bettors all around the world. Here are some of the reasons:
Skrill is an extremely safe and secure way to make payments online. It means you never need to share your bank details with your sportsbook, and that no online sports betting payments will ever appear in your bank statements. All of your data held by Skill is protected by multi-layered SSL encryption.
Skrill transactions are fast and simple. Sending money to and from your Skrill account to your sportsbook is just about the most straightforward banking option there is. All you need to do is sign in using your Skrill credentials and transfer the money, no hassle required.
Skrill’s acceptance rate at sportsbooks is good. Better still, if Skrill is supported it means you’ll be able to both deposit and withdraw using the method – no need to figure out separate ways to get money in and out of your account.
Skrill is just a useful and convenient service overall. Transfers are smooth, your funds are safe, loads of currencies are supported, it can be used to pay for all kinds of things. It makes your life simpler.
No payment method is guaranteed to be a winner for every single player, and some will find aspects of Skrill they don’t love. Here are our few disadvantages of Skrill.
Using Skrill means signing up for an extra account and taking a little more time and effort upfront, which just won’t appeal to some players. That’s just the nature of an intermediary service.
Skrill has a good rate of acceptance, but it’s not available at every single sportsbook (unlike Visa, Mastercard or debit card deposits for example).
Skrill is consistently one of the cheapest banking methods in terms of funding your sportsbook – but the service itself does include some fees both for funding and withdrawing from your Skrill wallet.
E-wallets are hugely popular in sports betting circles, and Skrill is a really solid choice for managing your bankroll and your transactions – especially if you have multiple betting accounts.
The safety and security credentials of Skrill are second to none. Both your funds and your personal info are protected, and your banking information is never shared with your sportsbook.
Transfers from your Skrill wallet to and from your betting account couldn’t be easier, fast, smooth, and reliable.
If you like the sound of signing up with a Skrill sportsbook, take a look at our recommended sites. We can help you find the perfect place to start betting today.
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