| Updated: October 1, 2024The online gambling industry supports a large number of payment solutions though some are more popular than others. One of the most used transaction methods in this regard is Skrill. The Skrill service is owned and operated by Skrill Limited, a company based in the United Kingdom and regulated by the Financial Conduct Authority.
As one of the leading banking methods in the online gambling industry, Skrill is quite an attractive option for many prospective gamblers. Below, you will find important information regarding this transaction method and how it can serve you during your betting sessions.
How We Evaluate Skrill Casinos?
Judging online casinos is no easy feat but there are several metrics that we can use to accomplish this. If you are looking at a Skrill online casino be sure to read this point thoroughly to ensure that you have a good perspective on things.
Security
Transactions Fees Accessibility Usage BonusesSecurity
There are many aspects that factor into determining the value of an online casino, though some are slightly more important than others. First and foremost, you need to be certain that the casino in question is a legitimate operation and that it has the capacity to protect your personal and banking information. In today’s day and age, where maintaining one’s privacy on the Internet is becoming ever more difficult, you need to be sure that your data will be kept safe. To this end, look for a license from a government regulatory institution and verify that the casino is using some form of encryption to prevent others from gaining access to your information.
Transactions
After that, be sure to have a close look at the transaction speeds and any potential fees that the casino charges. Usually, Skrill withdrawals take no more than a few minutes to process, so any modern online casino should not take more than one business day to approve the payment.
Fees
As for fees, there are gambling websites out there that still charge commission and you should look to avoid them.
Accessibility
Accessibility is an important feature, particularly for those who like to play from their mobile devices. Knowing that you can open up a casino on a variety of different platforms is of great importance in today’s industry. Granted, it is not a large problem nowadays since the vast majority of gambling websites are mobile compatible, but still, something to think about.
Usage
Usage is another major aspect that we also feel that should be taken into account. How an online casino runs and performs is vital for a smooth experience and you should never underestimate its importance.
Bonuses
Other important but not vital aspects include the accessibility of the gambling platform and the promotions it offers. Be sure that you can actually claim bonuses when making Skrill transactions and that you can access the casino from your preferred device.
Skrill Casino Deposit
Making a deposit via Skrill is one of the easiest methods out there to fund your online casino balance. The service is quite versatile and it will allow you to transfer your money with ease and efficiency.
Limits Fees Processing TimesLimits
In terms of limits, Skrill will allow you to send different amounts, depending on your level of identification. When you first open an account and before you have submitted any form of identity verification, you will not be able to move more than $50. However, as you start providing the service with the appropriate information, you will see your limits go up to a maximum of $25,000. Of course, the amount that you can deposit to any online casino will be determined entirely by the gambling website.
Fees
Making a payment with Skrill is quite cheap, all things considered. Sending money directly from your Skrill balance will cost you 1.45% per transaction. The service imposes a minimum threshold of $0.50 per payment. The fee structure is quite simple and anyone can understand it.
Processing Times
The best part about the Skrill service is that processing times are kept to a minimum. As soon as you send out the payment, it will be processed and you will see the money appear in your casino balance. The whole process takes less than a minute before you can open up your favorite games and start placing bets.
Skrill Casino Withdrawal
Once you are done with your gambling session, the time comes to cash in your balance and spend your winnings. This can be done with Skrill and the process is quite easy and convenient.
Limits Fees Processing TimesLimits
When you cash in your casino balance to your Skrill account, the limits will be determined by how much the online casino will actually allow you to withdraw at once. However, this is not something that you need to worry about. Skrill does not impose a limit on how much money you can receive. However, you will need to be verified with the service if you receive larger sums in order to avoid the money being locked up.
Fees
As for the cost of receiving a withdrawal, Skrill does not charge you anything. Receiving money is completely free of cost as far as Skrill is concerned. On the other hand, the online casino may impose some form of processing fee. However, this is purely on a case-by-case basis and we cannot provide concrete information. Be sure to check out whether or not your online casino charges you for withdrawals.
Processing Times
Insofar as processing times are concerned, a Skrill withdrawal will the same time to process as a deposit. However, you need to take into account that online casino may take some time to review the request. Normally, this is done within a 24 hour time period, however, some take longer and others shorter. Regardless, once the transfer is approved, the transaction will take no more than an hour to clear.
Skrill Pros and Cons
While Skrill does come with a large set of advantages, we cannot say that this service is perfect and you may encounter certain drawbacks if you use it enough. Below, we list various pros and cons of Skrill when used for the purposes of online gambling.
Skrill offers quick and convenient transactions, with deposits processing instantly and withdrawals being among the fastest in the industry.
A good number of online casinos do not offer promotions to those making their deposit with Skrill and several other payment solutions.
Using Skrill allows the customer to maintain a high degree of anonymity and to protect the integrity of their personal and banking information.
While not technically expensive, Skrill still comes with a fee structure and you will have to pay to use the service. This is a drawback when compared to other payment solutions that are completely free of charge.
Skrill is nearly universally accepted in today’s online casino scene and gambling websites from all over the world support this payment service.
Skrill customer support can be slow. There are only two ways that you can contact the support staff - via phone and email. A lack of live chat is definitely felt.
Skrill is available to customers from a wide large of countries and the service supports many of the local currencies.
Countries Which Use Skrill in Online Casinos
Skrill is one of the most popular online payment solutions in the online gambling industry and it is used all over the world. Granted, certain countries use the eWallet more than others. Below, we mention some of the countries in which Skrill is most prominent.
United Kingdom Canada France Italy Germany RussiaUnited Kingdom
Among the countries that use Skrill the most, the United Kingdom finds itself in the top positions. Not only is Skrill Limited based in England, but the company is also licensed by the Financial Conduct Authority. The service is perfectly suited for users residing in the UK, especially since the Great Britain Pound is one of the main currencies. Moreover, UK online casinos are more than willing to accept payment via Skrill. You will find hundreds of gambling websites that operate within the UK which will happily take your deposit and many will even throw in a few bonuses your way.
Canada
Canada is another country that is quite fond of Skrill. Thousands of customers based in Canada manage their bankrolls with this service and online casinos from all over the world are excited to accept them. In fact, the Canadian online gambling scene is expanding constantly and many bettors are choosing this eWallet over many other payment solutions available on the Internet. The Canadian Dollar is naturally supported by Skrill, thereby allowing Canadians to avoid exchange fees and to deposit in their original currency.
France
The French online gambling scene is quickly growing with legislation from recent years and bettors from that country are finding themselves in need of a secure and convenient service to make payments online. Skrill has risen to the occasion and is ready to accommodate French gamblers, with many French gambling websites being perfectly willing to take a Skrill deposit. Support for the Euro is a given and one can easily top up their balance with the service.
Italy
Skrill is becoming increasingly popular in Italy and for good reason. The benefits of this eWallet are perfectly suited for the Italian user base and the number of users keeps growing. There are hundreds of gambling websites that support payments with Skrill and the convenience of the eWallet makes it the best choice for a large part of the population. Quick transactions and a high degree of anonymity await Italian users, along with an excellent gambling experience at the websites that support Skrill.
Germany
Germany is among the top three countries in the world that use Skrill and statistics show that more than 1,200 websites currently accept this payment method. Despite the fact that residents of Germany have a wide variety of available transaction solutions, many keep flocking to Skrill. The low cost of the eWallet and support for the Euro make Skrill an excellent choice for Germans and European countries in general. There are more than enough German betting websites where you can use Skrill to manage your bankroll and the number keeps growing.
Russia
Russia stands in second place where Skrill usage is concerned with more than 1,000 unique websites that support the eWallet. Russian customers need a reliable and trustworthy banking solution to conduct payments on the Internet and Skrill seems to fulfil those needs perfectly. There is support for the Rubble and Russian users can easily use the service without having to pay extra for exchange fees. Russian gambling websites are also aware of the popularity of the payment method and are more than willing to take a deposit.
Skrill Casino Bonuses
Free Spins Deposit Match Bonuses Loyalty Schemes No Deposit BonusesFree Spins
One of the major benefits of playing on the Internet is that you get to claim a variety of different promotions to supplement the experience. Best of all, many of these offers can be claimed when you are using Skrill. Of course, there is a large variety of free spins bonuses up for grabs in the online casino scene and we will go over most of the major ones here.
Deposit Match Bonuses
Welcome bonuses are the most typical given that they are offered by just about every gambling website out there. They are a means to reward you for choosing that particular online casino and are usually a better deal than the standard promotions offered there. Claiming a Welcome bonus is a sure way to gain a good boost to your bankroll and to set yourself up for a good while. Often, Welcome bonuses also come with free spins as part of the package. These are exactly what they sound like, spins at no cost, which you can use on designated slot titles.
Loyalty Schemes
There are also loyalty programs that you can take advantage of. You can increase your standing with most casinos by making deposits and placing bets. Doing enough of this will eventually give you the opportunity to gain a nice boost when you convert the comp points.
No Deposit Bonuses
Skrill casinos are also known to offer no deposit bonuses. Granted, you do not need a payment solution to benefit from these hence their name. Regardless, they will give you value for practically nothing and that is always a good deal.
Related Banking Methods
Skrill Alternatives for Online Casinos
While Skrill is an excellent service, it may or may not be the right one for you. If you believe that it does not live up to your standards, know that there are other options available that are just as good. Below, we have outlined some of the other major payment solutions used in the online gambling industry.
Credit Cards Neteller PayPal ecoPayz Paysafecard TrustlyCredit Cards
Credit cards are always an excellent option when you do not want to deal with other payment solutions. Not only are they readily available, but also quite convenient and easy to use. Moreover, their universal acceptance means that you can charge your deposit to your credit card and start playing immediately.
Neteller
A great alternative to Skrill is its sister-service Neteller. While very similar at heart, Neteller offers a slightly different fee structure and some exclusive features not found with other payment providers. Neteller enjoys the same level of popularity as Skrill and it is a safe bet when choosing a transaction solution.
PayPal
The most popular eWallet in the world, PayPal is a service that we are all familiar with. This service is supported by a large number of online casinos, including the largest in the scene. Much like Skrill, it allows you to perform convenient transactions but has much wider potential usage on the Internet.
ecoPayz
ecoPayz is a prepaid solution and one of the more beloved payment solutions in the online casino scene. This service provides the user with a virtual prepaid debit card which can be used at any online casino that accepts that brand. ecoPayz is a great way to manage your casino bankroll and you should consider it.
Paysafecard
Paysafecard stands as arguably the most popular prepaid solution on the Internet. Available in dozens of countries and up for purchase at hundreds of thousands of retail locations, Paysafecard can be used worldwide. Supported by thousands of gambling websites, this payment method is one of your best options.
Trustly
If online banking suits you better, then consider Trustly. This payment solution processes payments made to online casinos directly from your bank account to your casino balance. It is a quick and convenient payment method that also allows for a large degree of anonymity when making transactions.