đź’˛ How to start betting with Skrill: A step-by-step process
If you’re looking to start betting with Skrill but feel a bit in the dark about how it all works, don’t worry – I’m here to help. I’ll walk you through everything, from signing up at a trustworthy betting site to making your first deposit and even withdrawing your winnings.
Step one: Choose one of the best Skrill betting sites
Just like other
Trusty betting sites
with PayPal, there are many betting sites accepting Skrill these days, so it’s crucial not to choose one just because it supports this payment option. You’ll want to look for a site that ticks all the right boxes: valid licensing, strong security measures, a diverse range of betting options, competitive odds, reliable customer support, and an intuitive interface.
I understand that finding sites with all these features can be a daunting task. That’s why I’ve done the heavy lifting for you, carefully reviewing and rating the best Skrill betting sites for your convenience. Rest assured, every site mentioned on this page and in my banners has been thoroughly tested and approved. Just choose a site that catches your eye, sign up for an account, and you’re good to go.
Step two: Make your first deposit
Got your account set up? Great. Now it’s time to make a deposit with Skrill, which is quick and easy. Just head over to the cashier or banking section and select Skrill as your deposit method. Next, fill in the necessary details and the amount you want to deposit. Once you confirm your transaction, it should be processed in under a minute and your funds will appear in your account automatically, ready to use.
But hold on… Before you hit confirm, check if you can opt into a bonus or enter a promo code first. Keep in mind, though, that some betting sites don’t allow you to claim bonuses with e-wallet deposits like Skrill. If that’s a dealbreaker, you might want to consider one of the alternative deposit options.
Step three: Cash out your winnings
When it’s time to cash out, Skrill is a top-notch choice, especially if you’re like most players and want to get your hands on your winnings fast. Here’s why: unlike the slow and sluggish pace of credit and debit card withdrawals, which can drag on for up to five days, Skrill withdrawals are known for their speed, often wrapping up in less than 24 hours.
This swift turnaround is why many bettors favor Skrill. By linking your bank card to your Skrill wallet, you can sidestep the lengthy waits often associated with bank card withdrawals. Once your money lands in your Skrill wallet, transferring it to your bank card is a breeze and usually takes just a minute or two.
And the process? It’s simple. Just head to the banking or cashier section of your account, pick Skrill as your withdrawal method, enter the amount you want to take out, and confirm your transaction. It’s as simple as that.
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Thinking of betting with Skrill? First things first, you’ll need a Skrill account. Signing up is a breeze: just register with your first name, last name, country, and preferred currency, and then pick a username and password. Once your account is up and running, there’s one more step: completing the KYC (Know Your Customer) and identity verification. For this, you’ll need to upload a valid, government-issued photo ID – this could be a driver’s license, passport, or ID card. Each payment method sites have different rule and set up procedures, check out our article on
paysafecard betting sites
for a good comparison.
Here’s a handy tip: using the Skrill app makes this a lot smoother. It lets you quickly scan your documents with your smartphone’s camera and even snap a selfie for verification. You can download the app for free from the App Store for iOS devices or the Google Play Store for Android ones. Don’t worry about security – the whole verification process is tightly locked down. And once Skrill confirms your details, they delete your data immediately. So, get verified, and then you’re all set to start betting with Skrill.
âť“ The history and evolution of Skrill
Skrill’s journey began in 2001 in London, UK. Back then, it was known as Moneybookers and was set up as an alternative to PayPal, specifically targeting the European market. Fast forward to March 2007, and the company was purchased by Investcorp. This acquisition was a game-changer, catapulting it into the top three e-payment solutions in Europe.
Then, in July 2015, Moneybookers underwent a major rebranding, changing to what is now known as Skrill. Since adopting its new name, Skrill has expanded its operations massively. It now operates in over 120 countries and has become a widely accepted payment method at for betting websites worldwide.
đź’ł Skrill vs other payment methods: What you need to know
So, how does Skrill stack up against other payment options in the betting world? The short answer is: quite impressively, and there are solid reasons why many bettors are opting for Skrill over other methods. Let’s talk speed first. Skrill is a frontrunner here. It’s not just about instant deposits; its withdrawals are lightning-fast too, usually done in under 24 hours. This is a stark contrast to the sluggish pace of traditional methods like credit and debit cards, which can drag on for up to five days.
Now, onto privacy and security – Skrill excels in this area. Using a credit or debit card means handing over your card details and security number to the betting site, which can be a privacy concern and a hacking risk. Skrill eliminates this worry by acting as a secure middleman between your bank and the betting site, so your details stay private. Another plus? The fees.
Unlike credit and debit card transactions that often come with high fees of up to 6% or more, Skrill transactions are free. This means all of your winnings are yours to keep. However, despite the advantages, there are a couple of drawbacks to consider. For example, some online betting sites don’t let you claim bonuses with Skrill, and others might not support withdrawals with this payment method. These are important factors to keep in mind when choosing Skrill betting websites.
| Payment method | Deposit speed | Withdrawal speed | Fees |
| Skrill | Instant | Instant to 24 hours | Usually free |
| Credit and debit cards | Instant | 1-5 days | Up to 6% or more |
| Cryptocurrencies | Instant | Instant to 24 hours | Low to none, depending on the network |
| Bank transfer | Instant | 3-7 days | Up to 6% or more |
🥇 Pros & cons of betting with Skrill
Just like
Neteller betting sites
and
Google Pay betting sites, the advantages of betting with Skrill far outweigh the disadvantages. However, it’s crucial to stay informed about the potential drawbacks to manage your expectations properly and ensure that this payment method aligns with your betting needs and preferences. Here are the main pros and cons to consider:
- Instant deposits
- Fast withdrawals
- Highly secure
- Zero fees
- May be ineligible for bonuses
- Not accepted by all betting sites
đź’° Skrill betting sites: Final conclusion
Skrill is, without a doubt, one of the best payment methods to use at betting websites. While there are some drawbacks, such as the fact that it may not be compatible with some bonus offers and might not be accepted by every betting site, the advantages like quick transactions, zero fees, ease of use, and enhanced security measures make betting with Skrill a great choice regardless of whether you’re a new or experienced bettor.
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1.
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âť“ Skrill betting sites FAQ
âť“ Can I claim bonuses at betting sites with Skrill?
It depends on the betting site. Some sites may not allow you to claim bonuses with Skrill deposits, so it’s important to read the specific bonus terms and conditions before making a deposit.
🤔 Why should I use Skrill at betting sites?
Using Skrill at betting sites offers several advantages, such as fast transaction speeds, advanced security, and lower fees compared to other
betting payment methods
such as credit and debit cards.
đź‘€ How do I find the best Skrill betting sites?
The best Skrill betting sites can be found right here, showcased in my banners. I’ve thoroughly reviewed and approved these sites, ensuring they meet high standards for licensing, security, betting options, and customer service.
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