Skrill betting sites are all the rage right now, with thousands of casual and pro bettors alike realizing the benefits of this awesome ewallet service. Here, we’ll give you the 4-1-1 on why this payment method is so good for online sports betting, along with the usual need-to-know info on fees, deposits, withdrawals, and other legal bits and bobs.
Let’s face it, you’re currently going to have a bit of a wait to find a decent online sportsbook in the US who takes Skrill. So until that happens, be sure to check out these three legendary betting platforms who offer you some alternative payment options:
As one of the largest online sportsbooks in the US, it’s only right that DraftKings contains a vast range of payment methods. While these don’t currently include Skrill, you can still make your payments via credit cards, debit cards, ACH bank transfers, PayPal, Play+ and even in person at one of the partnered casino cages.
Of these, PayPal is the closest option to Skrill, and you can make your deposits from a minimum of $5 with this ewallet. Don’t forget that the $5 deposit can be turned into a $5 qualifying bet that will trigger a welcome bonus that gives you no less than $150 in bonus bets.
Withdrawals are also effortless here and you’ll find that you can request your payouts from just $20 at a time. Just note that processing times could be better with three days being the norm for withdrawals.
Everyone knows that FanDuel is one of the biggest sportsbooks in the US and so it’s great to see that you’ll get a suitably large selection of payment options. At the moment, Skrill isn’t among these but you can still make deposits with cards, bank transfers, in-person or even with ewallets such as PayPal.
Regardless of the payment method chosen, you’ll find that you can make your deposits from a minimum of $10 at FanDuel. This minimum limit usually applies to your withdrawals too, and if you opt to use PayPal, you will find that your payouts get processed in under 24 hours. So while Skrill isn’t featured here, you can still enjoy the speedy benefits of ewallets at FanDuel.
You’ll find a familiar range of payment options at Caesars Sportsbook. While Skrill isn’t among these just yet, you can use rival ewallet brands such as PayPal, as well as all of the standard credit cards, debit cards, bank transfers and so on.
Your deposits can be made from a minimum of $10 and the funds should be instantly added to your account. From here, you can take advantage of that no sweat bet bonus that will refund your first bet, if it loses, by 100% up to $1,000.
Caesars also offers fast payouts with ewallet withdrawals being the speediest. So, if Skrill were to be accepted here, it would mean that your payments could be back in your account in under three working days.
Before we go too deep into the finer details of using this ewallet alongside your fave betting emporiums, let us take you on a quick fact-finding mission to get the measure of what this oddly-named payment method is all about.
This is a digital wallet – also known as an ewallet – that lets users send and receive payments online. It’s one of several online betting payment methods that we recommend here at Deadspin, and falls into similar category as the likes of PayPal and Neteller.
It was founded in 2001 and originally went by the name Moneybookers (we defs prefer Skrill). The UK-based firm was taken over by Optimal Payments in 2015, a merger which made the brand a direct competitor to the popular – and pretty similar – Neteller ewallet service. Within a couple of months, Neteller’s parent company, Paysafe, acquired Skrill too, bringing the two brands under the same roof.
Yep, it is accepted by plenty of online bookies, so you can make easy sportsbook deposits and withdrawals. How Skrilliant is that? (Sorry not sorry).
Much like on betting sites with PayPal, there are some fees you need to consider when using this ewallet at your favorite bookies. Some charges that may apply include:
We can’t put a figure on exactly how much you’ll pay when using these betting sites, as this depends on a range of factors including where you live. But it’s worth doing some sums as soon as you find out, with each fee levied as an overall percentage of how much cash you’re looking to move in a single transaction.
The answer? YES – the ewallet is available to sportsbook bettors on US soil. Of course, not everyone in the USA can wager legally on their favorite sports teams, but based on the latest online betting news, things seem to be heading in the right direction for most states.
It’s worth learning what the pros and cons of this payment facility are before you put it to work:
So, first up, the good stuff. Skrill is well regarded for its premium security features, helping users keep their money under lock and key with the likes of two-factor authentication and 128-bit SSL encryption as standard. There’s in-built anti-fraud monitoring, too, with any unusual activity on your account automatically flagged and suspicious transactions blocked.
Aside from Alcatraz levels of security, one of the things we like most about this ewallet is just how easy it is to use. Armed with the Skrill app, you’ll be able to make sportsbook deposits and withdrawals quite literally at the touch of a button – good news for those with experience of sportsbooks accepting Visa, which tend to be a little clunkier. Deposit and withdrawal times are also very respectable via the ewallet, with winnings trickling through within 24 hours on average.
Where Skrill falls a touch short of our expectations is in its relatively high fees and uncompetitive exchange rates for international money transfers. These problems aren’t dealbreakers by any means, and you should expect to pay some fees no matter which payment method you use for sports betting.
Elsewhere, Skrill isn’t exactly a universal, always-on banking option at online sportsbooks in the USA. Sure, plenty of vendors do accept deposits with the ewallet, but not all of them support withdrawals too. Be sure to check that your chosen sportsbook accepts both deposits and withdrawals via this payment method, or better yet, refer to the brands featured in the banners on this page.
Let’s take a quick step-by-step peek at how pay-ins and cashouts work when using this ewallet:
To deposit funds using this ewallet, simply…
Here’s a look at how to make sportsbook withdrawals via this increasingly popular ewallet:
| Step 1: Before you start the withdrawal process proper, make sure you’ve satisfied any wagering requirements that might apply to some or all of the winnings in your bankroll. For instance, if you’ve recently redeemed a bonus that entitled you to free credit, you’ll need to play through this bonus fund a set number of times before you can withdraw it. Just something to consider from the outset. |
| Step 2: Skrill withdrawals begin like any other sportsbook cashout: on the cashier screen. Here, you should find a button marked “withdraw” or similar, so smash that when you’re ready – we’re excited for you! |
| Step 3: After tapping withdraw, you should be presented with a screen that looks more or less the same as the one you used to make a deposit. Here, you’ll need to key in the total sum you’d like to transfer out of our sportsbook account, which can be all or part of your total bankroll. |
| Step 4: Next, hit the Skrill button to elect this as your preferred cashout gateway. When you proceed, you’ll be presented with a Skrill payment screen, the last step on your road to withdrawal success. Fill out and accept any necessaries, and your winnings will soon be winging their way to you (in under 24 hours on average, remember). |
Heads up, we’re going to go there again: Skrill is Skrilliant. Cringe away, because we’re big advocates for this unique ewallet service, which, in our opinion, is one of the best ways to fund online sports betting on the web.
Sure, Skrill isn’t 100% perfect. There are fees to consider on a couple of occasions, and it isn’t universally accepted by every legal sportsbook in the US. But on every other front, this service is pretty much wow-worthy, offering lightning fast deposits and withdrawals, rock solid and watertight security, and one of the easiest banking app interfaces we’ve ever encountered. A triple whammy of wows, yes?
If, like us, you’ve been won over by what this ewallet has to offer as a sports betting payment provider, be sure to check out the banners dotted around this page. Here, we’re showcasing some of our favorite Skrill-accepting sportsbooks, along with their latest sign-up promotions and exclusive deals specifically for Deadspin readers.
Not only is it safe, but Skill is one of the best payment systems you can use for online sports betting. We found a pretty long list of security provisions on the ewallet’s official spec sheet, including active anti-fraud monitoring, two-factor authentication via the brand’s brilliant app, and 128-bit SSL encryption certified by Verisign. Don’t forget, too, that Skrill has an excellent reputation, trusted by millions of users in over 120 countries around the world.
We’re delighted to report that Skrill is available at several legal sports betting sites in the USA, so if you’re fortunate enough to live in a state where real-money wagering is permitted, you may be able make use of your ewallet account to make easy deposits and withdrawals.
You should be able to claim a good range of bonuses and promotions on betting sites when using Skrill, however, some brands do restrict the use of ewallets when claiming their sign-up bonuses. Why? Well, that’s all to do with reducing the number of fraudulent claims, whereby some bettors misuse ewallets to claim multiple free bet deals under different aliases and email addresses.
Sure, there are some decent alternatives available, including other ewallets like PayPal and Neteller. If convenience is your main priority, you can’t beat Visa debit/credit card payments, while the likes of Apple Pay may be be better suited to mobile users who are happy to bet in small increments.
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