Skrill Betting Sites

When it comes down to online sports betting, Skrill is definitely one of the best methods of payment out there for Irish sports betting fans. The reason for this is that it is quick, easy to use, and accepted by most bookies. In this review, we are going to take a closer look at this banking method and reveal all that you need to know about this banking method.

What is Skrill?

Skrill has become one of the world's more favourite e-Wallets as it gives its users the ability to transfer money internationally and domestically. They have over 40 million customers and are now one of PayPal's biggest competitors. When Skrill was first formed in 2001, they only allowed their users to transfer money to other Skrill users. However, they have since improved their services and now Skrill users can withdraw money from their bank accounts. Skrill is available in over 200 countries and they accept 40 different currencies, which is one of the reasons why they have gone on to become so popular.

Why Use a Skrill Betting Site

Just like every product in this life, there are both advantages and disadvantages of using Skrill to deposit money at a sportsbook that you have an account with. Below we will have a look at some of these and you can then make up your own mind as to whether you would like to use betting sites with Skrill when you are gambling on sports.

Advantages

First, we shall have a look at some of the major advantages:

Ease of use: When you are depositing cash into your bookmaker account or withdrawing any winnings, you will want to make use of a payment method that is simple to use. There is nobody out there who likes to mess around when it comes to depositing or withdrawing money. Thus, you will be happy to find out that you will encounter no issues when depositing or withdrawing from your Skrill account. You do not have to try and remember card details - with a password and your email address you will be ready to gamble in no time at all.

Accepted by many bookies: You will realise that Skrill is a payment method that is accepted by most online betting sites. This is very handy because if you decide to sign up with a couple of different bookies, then you can deposit and withdraw your money from the different accounts using just one method of payment. This much more convenient than needing to use a different banking option for every account that you have.

No fees: When you are depositing cash into the account you have with a bookie there will usually be no additional fees. The reason for this is that the bookie will usually pay any extra costs themselves. We have to stress that there are some bookmakers that will have a fee, but they are not common, and the fees will be small. However, there will be fees from the Skrill side of things, but we will talk about these a bit later on.

Disadvantages

Now, we are going to take a look at the disadvantages:

Exemption from bonuses: When you take a look at the terms and conditions that are attached to most Welcome Bonuses you will often find that anyone who makes their first deposit using Skrill will not be allowed to claim the bonus. We know that this probably sounds strange given how popular Skrill is, but there is a valid reason for it. Welcome bonuses are only allowed to be claimed once, but many fraudsters used to set up a number of accounts to claim multiple bonuses and they often used Skrill to do so. Therefore, most bookies, except for the likes of Coral and Unibet, exclude Skrill from their Welcome Bonus.

No live chat: If you come across any issues when using Skrill then you will need to get in touch with a customer support agent in order to sort the issue out. However, there is no live chat available, meaning that you will have to give them a call or send them an email - they can take up to a day to reply to your email and if their lines are busy then you could find yourself waiting a while before you get through.

• www.begambleaware.org

Is Skrill Secure?

If you opt to use Skrill as your method of payment, then you can be certain that your money is perfectly safe. To start with, you do not have to give your banking details to Skrill betting sites, meaning that you just have to trust Skrill. You can definitely trust them as they use some of the best security technology around to ensure that none of your money or personal data ends up in nefarious hands. To add to this, if someone does hack your account (the odds of this happening are very slim), then any money that you lose will be covered by Skrill.

Fees and Commission for Using Skrill

When you are choosing a payment option you should always have a look at the fees that are involved. Skrill fees will come in the shape of deposit fees, transfer fees, withdrawal fees, and exchange fees. We will now have a closer look at these.

Deposit fees: When you deposit money into your personal Skrill account there will be a fee of 1% of the amount that you deposited.

Withdrawal fees: If you want to withdraw from your Skrill account to your bank, then there will be a charge of €5.50. If you want to withdraw the money straight to your credit or debit card, then there will be a 7.5% fee. In our opinion, this is quite high.

Transfer fees: If you would like to send money to a bank account in a different country then there is no fee to pay. However, there will be a 2% fee if you send money to a bank account in the same country that you are in. If you send funds from one Skrill account to another Skrill account, there is a 1.45% fee. There are also no fees when you are receiving money.

Currency conversion: If there is a currency conversion that needs to be done, then a fee of 3.99% will apply.

What You Need to Know About Skrill?

Below are 3 questions that are regularly asked about Skrill.

What Are the Skrill Betting Sites?

Most online betting sites that you will come across will accept Skrill as a method of payment, but there are many sportsbooks that do not allow those who make their first deposit using Skrill to claim their Welcome Bonus. However, there are some out there that do such as Unibet and Coral.

What is the Advantage of Betting with Skrill?

An advantage of using Skrill to make deposits and withdrawals is that it is widely accepted by most bookmakers. Another great aspect of Skrill is that it is very simple to use and you will not have any issues when it comes to opening a new Skrill account.

Can I Withdraw Using Skrill?

You can use Skrill to withdraw winnings from a sportsbook that has it as one of their payment methods. Withdrawing from the sportsbook account is free, but there will be some fees from Skrill's side.

Author: Orla Byrne, Last Updated: 17.11.2023