What is Skrill?
Skrill is a digital wallet developed in the United Kingdom in 2001. It was formerly known as Moneybookers before Paysafe group, and former competitors, Neteller, became the joint-owners of this digital wallet.
Skrill is one of the most common digital wallets that provides easy and various financial transaction services, like depositing and withdrawing funds. Over 120 countries in the world allow the functioning of skrill, and their digital wallets provide up to 40 different currencies.
If you love gambling online, you have a high probability of liking the method Skrill operates. You can read more about funding your betting wallet online at www.mightytips.com skrill. Our author for this article is Kate Richardson which is an expert in digital wallets and betting accounts. You can learn more about her here.
Betting companies accept Skrill because they have acquired several licenses to operate in Europe and other companies worldwide. This license also makes deposit and withdrawal transactions secure as you don’t have to provide a bank account or credit card information to the betting company you are using. All you need to deposit and withdraw is your Skrill login.
You can send money into your Skrill Wallet throughbank transfer and bank card, and some other alternative method. Customers in some locations are provided with options to acquire a Skrill card linked to their bank accounts. This allows you to make payments directly with your account balance in stores or online where Skrill is not provided as a payment option.
Skrill also offers VIP membership to customers that meet a certain spending threshold. Skrill Dragon members enjoy lower fees, higher transaction limits and more available customer services. They also offer a loyalty scheme which is like a promo that allows you to earn loyalty points that you can exchange for vouchers. You can also use your Skrill account to send funds from your bank to other foreign banks by email and phone numbers. You can also use the account to buy and sell cryptocurrencies.
Betting Companies That Accept Skrill
Skrill has become one of the top payment methods betting companies use because of its easy and reliable network of transactions. These are examples of common best online betting companies that accept Skrill.
- SportsBetting
- BetOnline
- Bovada
- BetNow
- WilliamHill
These companies are the favorites when using a Skrill account as a method to fund your betting account. They all do not charge any fee for both deposition and withdrawal of funds, and their payment speed is fast and instant, especially for SportBettingcompany. While in some cases, William Hill company withdrawal speed might take a couple of days if the withdrawal does not go through within the first 24 hours.
Pros and Cons of Betting Company That Accept Skrill
Pros:
- Transaction of funds is secured.
- It allows various options of payment methods such as bank transfer and credit card, and others.
- They do not charge an extra fee for deposits.
- It makes it possible to manage and monitor your money with a Skrill debit card.
- Easy and fast speed for withdrawal and deposit method.
Cons:
- Skrill does not operate with many banks.
- Withdrawal fee accumulates when there is more than one transaction.
How to Select the Top Skrill Betting Company
- No Fee: Best skrill betting sites do not charge fees for deposit and withdrawal using skrill. It is always good to check for this.
- Welcome Bonuses: Not all betting sites offer welcome bonuses after registering. Make sure you read the terms and conditions for registering with a particular betting site so you can receive benefits just by testing the depositoption of the site.
- Compare The Options: It is good to compare different betting sites and to see and compare each one bonus, perks and odds status so you can choose the one with the most favorable o
- Give it a try: you can always try out skrill betting sites since the registration is free. Especially sites that have a low minimum deposit, you can book a few bets using your Skrill Login to deposit so you can check if you like the site or not.
Limits & Fees for Transaction Using Skrill:
Digital wallets usually charge certain fees for using their services. Skrill money transfer charges considerable fees for their services. If you deposit from your Skrill wallet to your betting account, there is no fee charged by skrill, but some betting sites might charge you for their share of the service.
You should know that there is no minimum deposit limit for skrill, while the maximum limit per transaction is 10 000 EUR. And a flat fee of 5.50 EUR is usually charged for the withdrawal of money from your skrill account. Skrill also offers market exchange rates with no hidden charges. The deposit speed is always fast and instant, same with the withdrawal, but sometimes it might take a couple of days to get the money depending on the betting company.
Conclusion
Betting companies that use skrill are one of the most suitable betting sites for online gamblers, as they provide low charges for their transactions compared to other sites. They also give a fast, secured and reliable network to transfer funds in and out of your betting account because they have all the necessary licenses that make them legal worldwide.
All forms of transactions through skrill are secured through Secure Socket Layer(SSL) and 128-bit encryption. You can learn more about Skrill betting payments on this site.
