Best Betting Sites with Skrill in UK

All Sports Betting Sites with Skrill

Previously known as ‘Moneybookers’, Skrill is an online e-wallet much like PayPal. You can link bank accounts and bank cards to Skrill among many other forms of payment. This allows you to keep your transactions all in one place and off your usual bank statements. When making deposits on an online bookmaker with Skrill, you’ll find there are no fees regardless of the betting site you’re using. You’ll also find there are no charges when making withdrawals either and both processes are done instantly. Most major betting sites accept payments made with Skrill however not all welcome bonuses are available to those using Skrill as a payment method.

Making a Payment with Skrill

If you haven’t already, you’ll first need to set up a Skrill account. Head to Skrill.com and click ‘open a free account’ or ‘register’, both will take you to the registration page. You’ll need to enter your name, email address, country and currency and you’ll also need to create a password. The next page will ask for your address and contact details then you’ll be asked to read and agree to their terms and conditions before selecting ‘open account.’ You’ll have to verify your email address before you can use Skrill but it’s simply the case of clicking the link emailed to you. Once you have completed the above, you are ready to add your preferred payment method. Click ‘upload’ which is located within the ‘balance’ section. Once you have uploaded funds to your account, you’re ready to use any online bookmaker with Skrill. This process can take between 2 and 5 working days to complete so when it comes to uploading more funds to your Skrill account, we advise you do this prematurely.

The deposit process may vary depending on which online bookmaker with Skrill you choose but this is the general three step process.

  1. Head to the deposit page of your chosen online bookmaker with Skrill.
  2. Select Skrill from the list of payment options and input the amount you would like to pay in.
  3. When the page redirects, enter your Skrill account login details and confirm the amount you would like to pay in. The funds should appear in your account within a matter of minutes.

Average time of Skrill for Deposits and Payouts

The longest you will have to wait when using an online bookmaker with Skrill is the 2-5 day process of creating a Skrill account. The best betting sites with Skrill in UK will be able to offer both deposits and withdrawals instantly, meaning within a matter of hours.

When you are making a withdrawal from an online bookmaker with Skrill, your request is likely to be rejected if you have not already deposited using Skrill. The purpose for this is to deter money laundering so we always advise that you use the same payment method for both deposits and withdrawals. The process for making withdrawals is very simple, you need only choose Skrill as the withdrawal method, input the withdrawal amount, confirm the amount entered and then await the processing time. As mentioned earlier, the best betting sites with Skrill in UK will give instant withdrawals to your Skrill account within a matter of hours, however using other betting sites may take a minimum of 24 hours.

Skrill also offers an even quicker deposit method which is a feature known as 1-tap. This feature was specifically designed for online betting sites to ensure swift and secure payments without having to re-enter any card or Skrill login details. To use Skrill 1-tap, follow the above steps, selecting Skrill 1-tap from the list of payment options. The first time you do this, you will be asked to enter your login details. Once you have done this, the 1-tap feature will be activated and you will be able to make deposits on the best betting sites with Skrill in UK instantly with one click. Another bonus to the 1-tap feature is that you can use this method when withdrawing money, giving instant withdrawals from your chosen online bookmaker with Skrill, to your Skrill account as well as deposits.

Skrill Verification Requirements

Without verifying your account, you will be unable to access all of the features that Skrill has to offer. Your deposit and e-wallet transactions will be limited which wouldn’t be much use when using the best betting sites with Skrill in UK.

The only time you will have to verify your Skrill account is when you first create it in order to abide by the Financial Conduct Authority’s (FCA) regulations.  Once you have input your bank account details, you will be prompted to verify the account. If you are not prompted, head to settings, click on account verification and follow the next steps.

Choose your method of verification: Skrill is nothing if not flexible and therefore offers a range of verification options.

The easiest and quickest method of verification is via Facebook. If you have a Facebook account, it already holds all the information Skrill needs to verify your account. By clicking ‘verify with Facebook’ you are giving Skrill explicit consent to access your personal information registered on Facebook for purposes of identity verification. Ensure you are using your own Facebook account matching the information you used to create your Skrill account for example the same full name, otherwise this verification method may not be viable.

Another way to verify your Skrill account is by uploading proof of identity and address. For identity you need to upload an image of either the photo page of your passport, the front and back of your driving/provisional driving licence or the front and back of your identity card. For proof of address, you will need to upload a copy of an official document such as a bank statement or utility bill, addressed to yourself. Uploaded images of proof must be clear to see and be showing all four corners of each document. Once you have submitted all required documents, they will be reviewed and you will receive confirmation over email.

The History of Skrill

Skrill began as Moneybookers which was founded in 2001 and launched in 2002. Five years later in 2007, the company was purchased by Investcorp Technology Partners for €105 million. In 2010 Moneybookers was ranked as one of the fastest growing private equity firms. The company was renamed Skrill in 2011 and the whole rebrand completed in 2013. The same year Skrill was sold on to CVC Capital Partners for €600 million before being acquired in 2015 for €1.1 billion by Optimal Payments, now known as the Paysafe Group, the same company who own Neteller. Skrill now has over 150 million registered users and operates in over 200 countries.

Skrill to other Providers Compared

Skrill is an incredibly popular payment method for betting due to its practicality and ease. A lot of what Skrill offers is free of charge but they have their own page on their website which is dedicated to giving their customers a clear understanding of the fees they do charge. Skrill makes depositing to betting sites an easy and free process. The ‘1-tap’ feature ensures you don’t have to repeatedly enter card or login details making depositing to an online bookmaker with Skrill speedy but secure.

Unfortunately a downside to Skrill being so practical and easy is that an online bookmaker with Skrill may not offer any welcome bonuses when using it as your chosen payment method. This is due to the payment service being largely exploited by money launderers, forcing Skrill to be heavily restricted at times.

Another downside to Skrill compared to other providers is that whilst no fees are charged when depositing or withdrawing on an online bookmaker with Skrill, the charge to withdraw money from your Skrill account to your bank account is a pretty hefty £4.97 and a massive 7.50% fee is charged. Also, if you do not login or make a transaction using Skrill at least every 12 months, Skrill will charge your account £5 per month so if you decide to no longer use Skrill, be sure to close your account to avoid these charges.

Most Popular Deposit Methods

Neteller –  Now owned by the same company as Skrill, Neteller is another online e-wallet and payment provider. Most betting sites will accept Neteller as a payment method but like Skrill, it’s unlikely they will offer any welcome bonuses when choosing them to deposit/withdraw with.

PayPal – PayPal was one of the first ever online e-wallets and payment providers and is now one of the most popular deposit methods for online bookies. The majority of online betting sites accept PayPal as a payment method.

Debit Cards – Debit Cards are the most widely accepted payment method for online betting sites in the UK. The betting sites won’t charge a fee for the use of debit cards as a payment method however, some banks may charge their own fees.

Credit Cards – Credit Cards will no longer be an accepted method of payment for gambling online or offline as of April 2020.

To learn more about other potential options, check out our deposit method guides, such as our ecoPayz guide, our Bitcoins guide, and our bank transfer guide.

Skrill FAQ

Please use the below the top frequently asked questions to have an enjoyable experience and avoid mistakes when using the best betting sites with Skrill in UK.

  • How do I withdraw from my Skrill account? – Bookmakers with Skrill allow withdrawals via bank transfer, Visa withdrawal, Mastercard withdrawal or a mobile wallet withdrawal.

 

  • Is Skrill safe and secure? – Absolutely! Skrill has a dedicated anti-fraud team who monitor transactions daily and account verification is completely thorough.
  • Can I use another person’s Skrill account to deposit into my online betting account? – No, your payment method details must match your betting account details on all betting sites otherwise your payment will not be accepted.
  • Do you need to create an account with Skrill? – Yes, you will be unable to use Skrill until you have first created an account and verified a bank account or card.
  • How do I choose the best betting sites with Skrill in UK? – Use this article and the betting.co.uk reviews to compare and make an informed decision on reputable and safe sites as well as which bookie is most suitable for you.

Conclusion

When searching for the best betting sites with Skrill in UK, it’s important to know all the facts which is why we have brought you this in depth Skrill article. Figuring whether an online payment provider is safe or not should be the top priority when choosing your online betting payment method. We at betting.co.uk, believe Skrill to be a highly reputable and secure payment method so it’s likely that the best betting sites with Skrill in UK are too. Getting started with Skrill is a fast process even with its thorough verification processes and it’s 1-tap feature also makes depositing and withdrawing funds from the best betting sites with Skrill in UK easy and extremely quick to do. Barring the expensive fees to withdraw from Skrill to a personal bank account, we find Skrill to be user friendly and an exceptional payment provider.

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