SKRILL is among the best electronic wallets to use throughout the UK and European Union (EU), especially if you plan to gamble online with casinos, poker rooms or bookmakers. Skrill is regarded as gambling-friendly. In fact, there’s a complete gaming section on the Skrill website detailing the benefits of using the online payment system at Skrill casinos.
Based on statistics from 2015, more than 36,000,000 customers and 156,000 merchants have signed up to Skrill since launching on April 1st 2002. The company was known as Moneybookers until re-branding to Skrill in 2013. More recently (August 2015), Optimal Payments completed the acquisition of Skrill Limited.
For those unaware, Optimal Payments owns Neteller. The company paid approximately €1.1 billion to acquire Skrill Limited, which included Skrill and Paysafecard. Despite the consolidation, Skrill remains a top e-wallet for online casino players looking to deposit and withdraw cash quickly with low fees.
Best real money online casinos accepting Skrill?
Skrill is accepted at all major gambling websites, so finding a Skrill casino isn’t a difficult task. However, there are some important factors to consider. For example, you want to avoid currency conversion fees. With this in mind, you want to make sure the online casino accepts the currency your Skrill account is in.
If you reside in the UK, you’ll want to open your Skrill and casino accounts in pound sterling (£). Skrill customers can send money in 40 global currencies, but there’s a 2.99% – 4.99% conversion fee. Some of the accepted currencies include GBP, EUR, USD, CAD, AUD, NOK, SEK, DKK, HKD, CZK, PLN, SGD, JPY, CHF, NZD and ZAR.
For clients residing in Sweden, Skrill accepts SEK. You can open your account in SEK and then join online casinos accepting SEK, which are plentiful. All of the casinos listed on this page offer free deposits and the majority will offer instant withdrawals with no fees as well, although some casinos like Guts charge a small payout fee.
How to use Skrill at gambling sitesThe first step is opening your account. Keep in mind, most online casinos require the email address and name you sign-up with are the same as what’s listed on your Skrill account. Setting up an account is straightforward and takes minutes. After registering, you’ll receive a verification email. Open the email and click the verify link.
Now that you have an account, the next step is registering your bank account, debit card or credit card. You need to complete this step before you can fund your Skrill wallet. I recommend using your bank account, as it’s free to fund your account. Deposits to Skrill using a credit card have a 1.90% fee.
Alternatively, you don’t need to fund your Skrill account. If you use a credit card (Visa, MasterCard or AMEX), you can register it to Skrill and then use the card to deposit directly to online casinos. In most cases, the deposit is free, but some websites charge a cash advance fee, which Skrill has no control over.
You’re ready to complete your first deposit at this point. Join one of the casinos on this page, visit the cashier and select Skrill. You’ll enter the amount you want to deposit and then you’ll get redirected to Skrill to complete the transaction. Simply enter your account details, choose your preferred payment method and you’re done.
Regardless of whether you use your Skrill cash balance or a credit card, deposits are instant. The funds will be available to use in the online casino instantly, which is similar to other e-wallets, such as PayPal and Neteller.
To avoid having to sign-in to your Skrill account every time you want to make a deposit, you can use the Skrill 1-Tap service.
To use 1-Tap, select the option from the casino’s cashier. The first time you use 1-Tap, you have to log-in to your account, choose the payment method and complete the transaction. After setting up 1-Tap once, you can then make instant deposits directly from the casino cashier without even signing in to Skrill.
Payouts are even easier, surprisingly. Simply request a payout from the casino and you’ll receive the funds in your Skrill account within 24 hours maximum. In some cases, payouts are instant. Once the money is in your account, you can request a bank wire from Skrill, which has a small £3.06 fee.
Skrill Prepaid MasterCard
Customers in certain countries, including the UK and most of Europe, can sign-up for a prepaid MasterCard from Skrill. This can come in handy, as you can access your funds from anywhere in the world. The card has an annual fee of £7.76 and there’s a £1.40 fee to withdraw at an ATM.
With the prepaid MasterCard, you can access your withdrawn casino funds instantly without having to wait for a bank wire from Skrill. You also won’t have to pay the £3.06 wire fee every time you need money. You can even avoid ATM fees by using your funds on the card to pay for items in shops, restaurants or online for free.
Skrill VIP programme
Skrill is one of the only online payment systems with a VIP program. Access to the VIP club is free, but you need to transact €6000+ in the last 90 days to become eligible for Bronze membership. There are four membership tiers, including Bronze (€6000+), Silver (€15,000+), Gold (€45,000+) and Diamond (€90,000+).
Benefits include lower fees, designated VIP support reps, extra security and more. All VIP members receive a free prepaid MasterCard rather than have to pay an annual fee. Once you reach the Silver tier, most account fees are waived, including ATM withdrawals, bank withdrawals and card upload fees.
Using Skrill outside of the UK and Europe
Skrill caters to several markets outside of the EU already. Skrill is popular with Australian pokie players already and in 2014, Skrill was approved to offer payment services for gamblers in New Jersey. Skrill used to operate freely throughout the USA and Canada, but they left the market several years ago.
If gambling becomes regulated in the USA and Canada, Skrill would likely re-enter the markets, but while the industry is a grey area, Skrill has opted to not get involved. Despite this, Skrill is one of the biggest e-wallets globally and they’ve assisted gamblers move money internationally for nearly fifteen years.