Skrill Online Casinos 2018

Skrill is an online payment service that is based and registered in the UK (with the Financial Conduct Authority) and has a license to operate legally throughout the European Union. Skrill is one of the most popular online payment services in the world right now and is especially popular with online gamblers, which is why you will find Skrill listed on the banking screens on hundreds of online casinos, sports books, poker rooms and more.

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What is Skrill?

 

Skrill was founded in 2001, when it was known as Moneybookers. It was based out of the United Kingdom and the goal was to rival services like PayPal and Neteller, which were quickly gaining in popularity at the time of its launch. These days Skrill has grown into the second biggest online payment provider, because while it was never able to take any of PayPal’s market share, it has passed Neteller.

These days Skrill is actually owned by the same company as Neteller and it seems to get more attention from them. It earns three times as much revenue, it processes many more transactions and it also serves as a platform for most of their new innovations.

Facts About Skrill

 

  • Skrill has a revenue of more than £300 million
  • Skrill is owned by the same company as Neteller: PaySafe Group
  • Skrill is headquartered in London, but there are offices across Europe and even in the United States
  • They hire more than 500 employees across 30 different nationalities worldwide
  • eBay began accepting Skrill in 2009 and it is also used as a payment method on other auction sites
  • The owners of Skrill bought out Ukash and PaySafeCard to gain a stronger market share
  • Skrill processes payments in more than 200 countries around the world, a number only rivalled by PayPal

Skrill Online Casinos

There was a time when Neteller could be found on 80% of all online gambling sites and that, combined with the fact that PayPal has such a huge reputation in this industry, should make life difficult for Skrill. But the truth is that Skrill can actually be found on more online casinos than PayPal.

It is often listed as an option alongside PayPal on sites like Bet365, which also offer sports betting, but on many online casinos, some of which have been listed below, it’s available in place of PayPal.

How to Deposit Using Skrill

There are several high fees associated with Skrill use and some casinos will insist that you withdraw with Skrill if you deposited with them. Because of this, we recommend that you read all of this guide before going any further and that you check to see if the casino you have chosen will allow you to withdraw potential winnings via a different method if you wish to.

  1. Join the casino, making sure to select available bonuses (check terms to see if deposits using Skrill will invalidate these bonuses)
  2. Go to bank options screen and select “Skrill”
  3. Select the amount you wish to deposit
  4. Login with your details and confirm the payment
  5. Wait for the money to clear in your casino account

 

How to Withdraw Using Skrill

Before you withdraw using Skrill, check to see if the casino will charge you for doing so. Some casinos charge a high rate for transactions like this and it could leave you out of pocket without even realising it.

  1. Select “Skrill”
  2. Choose your account and confirm
  3. Select the amount you wish to withdraw
  4. Wait for the money to land in your account (should take 1 to 2  hours after the casino confirm)
  5. Transfer the money to your bank account or other payment method
  6. Wait for everything to clear.

 

Skrill Transfer Times

It should take just 24 hours for Skrill money to land in your bank account and it should take even less time for the money to go from the online casino to your Skrill account. This will depend on the casino though and there will also be delays if it is your first transactions, with some of these delays lasting for as long a 2 or 3 weeks.

This is why we recommend that you get that initial withdrawal out of the way early on. It doesn’t matter how small it is, just withdraw some money, make sure the process works and then continue as normal. That way you won’t be caught out by that long and tedious wait in the future when you may need it more.

Skrill Fees

Skrill is often touted as being a cheaper alternative to PayPal. But with PayPal allowing you to make free transactions using the Friends and Family feature and with few fees charged elsewhere, just how much truth is there to that statement?

Well, not much. The good news is that Skrill can be cheap and for some users it might be cheaper than PayPal. The bad news is that it can also be more expensive and slower. It all depends on what sort of payments you make, how you transfer your money, what currency you use and more. To give you an idea of how much you will pay using Skrill, take a look at the following fees.

  • Sending Money = 1.9% (plus an additional currency rate charge if applicable)
  • Withdrawal Fee = Up to 7.5% (depending on method)
  • Exchange Rate: Skrill adds 3.99% to the wholesale exchange rate. This is less than some high-street options, but it is considerably more than services like TransferWise, which means Skrill is not the best option if you need to exchange a lot of money.

 

It is also worth noting that some online casinos will charge you a fee for withdrawing via Skrill and this can be quite high in some cases. On BWIN, for instance, they charge you just under 5% for processing a withdrawal via Skrill, which, when added to the money you could lose via the exchange rate and the fees you could be charged to withdraw to a bank account, you could lose more than 12% of your winnings.

Skrill Customer Support

This is an area in which Skrill trip up. Their customer support is nothing short of shocking and there is really no comparison to the likes of PayPal, who have significantly upped their game and now have some of the best customer support around. You don’t have many options to contact Skrill support, you have to jump through several hoops to find the contact details and if you choose to email them then you will be told that you need to wait as long as 2 weeks to get a reply. 2 weeks! And they are not just saying that to cover their backs. They actually do take 2 weeks to reply.

 

To make matters worse, their customer support is not very helpful when they do reply and they don’t always comprehend what the issue is. They are far too quick to use form replies (even though they have had 2 weeks to read your request) and this can lead to endless frustration for their customers. It means that you could be in a situation where you email them to tell them about an issue, receiving a reply 2 weeks later where they get the wrong end of the stick, and then spend a further 2 to 6 weeks simply getting to a point where they understand what your issue is.

As you can imagine, it’s enough to make you bang your head against the wall. If you ever find yourself in a situation where you either need to leave Skrill for greener pastures or spend some time resolving an issue with customer support, then get out of there as fast as you can and don’t look back!

Pros of Using Skrill

  • There are many high-tech features
  • Can be used on many online casinos
  • It has some of the highest limits of any web wallet
  • Verification is easy, quick and as painless as it can be
  • Payments are quick
  • Easy to connect your bank account and other methods
  • Intuitive interface, more user-friendly than Neteller

Cons of Using Skrill

  • Fees are much higher than customers are often led to believe
  • Customer support is slow and often unhelpful
  • Limits are imposed on non-verified accounts
  • Fees are charged even when sending money to friends
  • An inactivity fee is charged if you don’t login to the service in a while

Skrill FAQ

Is Skrill Safe?

Skrill is very safe, which is to be expected. You can also make it even safer by utilising their two-step verification processes and by using a long-string password.

Is Skrill Fast?

Skrill is much faster than Neteller and is roughly on par with PayPal. Transfers should be instant if you are moving money between Skrill accounts and making deposits. If you are withdrawing into a Skrill account or from Skrill to a bank account then you may need to wait for 1 or 2 working days. You should also account for a longer wait if you have just opened your Skrill account and this is your first withdrawal.

Is Moneybookers still Around?

No. There was a time when you could still see Moneybookers branding on the Skrill site, but this was eventually phased out and now shouldn’t be seen anywhere but on old, outdated review sites. Moneybookers has been Skrill for more than 5 years now, so that former name is a thing of the past.

Is Skrill Cheap?

Skrill do charge fees for their services and we have listed these above. However, you should not be charged deposit fees by the online casino. If they do ask for a fee then it’s a needless cash-grab and you should be very wary of using such casinos.

Do I Need to Verify my Skrill Account?

Yes. This is recommended for all users and it’s something you should do before you really get acquainted with the service. It will make life easier for you and it will lift the non-verified limits that Skrill impose on you. Fortunately, you don’t need to spend a lot of time going back and forth with Skrill customer support as they have an automated verification system to make this process swift, easy and painless.

What is the Minimum Transfer on Skrill?

Most casinos will require you to transfer at least €10 from Skrill. You can make payments using less money if you use other merchants, but gambling sites tend to use the €10 limit as a minimum and some sites don’t allow you to deposit anything less than €20.

What is the Maximum Transfer on Skrill?

There is no limit to the number of transfers on Skrill and a $25,000 single transfer limit. This is one of the big benefits of the service, however, there are much stricter limits if your account has not yet been verified and these limits will restrict you from making substantial withdrawals.

Can US Customers Use Skrill?

Throughout the life of Moneybookers, US residents could not join. Two years after the name changed the rules changed with it and US customers can now sign-up. But before you get excited, that doesn’t mean that you can use Skrill to gamble in the United States. Those restrictions still apply and you should be very cautious when it comes to using services like this for online gambling if you are in the United States.

What About Skrill VIP?

There is a VIP program and this is often singled out as a huge positive, but the truth is that this program won’t be viable to anyone but high-roller and big spenders who are looking to process vast sums of money through this program. And even then, you may be better off with a web wallet like PayPal, which offers programs such as Business Accounts, Premium Accounts, PayPal Credit and Working Capital.

What Currencies Does Skrill Support?

There are more than 40 currencies supported by Skrill, including all of the major ones and a few obscure ones. This doesn’t sound like much, but it’s nearly twice what you will find on Neteller and it more than covers the needs of the vast majority of their customers.