With so much choice when it comes to online payment methods in 2020, choosing the best option for funding your betting accounts can be difficult.
But we’ve got you covered…
In this article, we’re going to check out the best Skrill betting sites, the benefits of using this type of eWallet and how you can get started today.
Let’s dive right in and check out the most popular Skrill bookmakers right now in 2020.
Best Skrill betting sites
- Paddy Power
What is Skrill?
Skrill is a popular payment method for punters to use in 2020. But if you’re not sure what Skrill is, this section is for you.
Skrill is an online payment solution, similar to that of PayPal and Neteller. When you set up a Skrill account you create an online eWallet which you can use to transfer money.
As more individuals turn to online payment transfers, Skrill has become increasingly popular.
It’s also a great way to deposit and fund your online betting accounts, as we’ll see later in this article.
Benefits of Skrill betting
So what are the benefits of using Skrill to deposit funds into your betting accounts.
- Fast and easy transfers
- Zero bookmaker fees
- Very safe and reliable
Fast and easy transfers
One of the great advantages of using Skrill and other eWallet providers is that payment transfers are incredibly quick and easy to complete.
Skrill provides one of the quickest ways to deposit funds into your betting account meaning you can start placing your bets within minutes of transferring your money.
In 2020, punters don’t expect to be waiting for long periods of time whilst their money transfers between accounts etc. Skrill doesn’t disappoint in this regard.
Zero bookmaker fees
Another benefit of using a payment method such as Skrill is that the bookmakers don’t generally charge any fees.
The aim of any punter is to pay as few fees as possible. You want to keep more money for yourself.
However, you do need to bear in mind the fees Skrill may charge for withdrawing your funds from your Skrill account to your bank account (more on this below).
Safe and reliable
With Skrill and various other eWaller providers, your payment transfers are safe and reliable. You’ll have an extra layer of security when it comes to depositing and withdrawing your funds from betting accounts.
This is great especially when you consider the huge range of online betting scams that are around in 2020. You’ll be more protected against fraudulent activity when betting online.
Check out this article for information and tips on keeping safe when gambling online.
Downsides of using Skrill
- You don’t qualify for free bets & promotions
- Skrill fees
Let’s check out the downsides of using Skrill in 2020.
You don’t qualify for free bets & promotions
Using Skrill as your preferred payment method means you may not qualify for bookmakers promotions and free bets.
As you may know, the bookmakers terms and conditions can be quite lengthy. However, a lot of bookmakers don’t offer free bets to customers who use Skrill to fund their betting accounts.
Whilst this might not be a big deal for some bettors out there, other punters who are taking advantage of strategies like matched betting may miss out.
With matched betting, the aim is to take advantage of as many free bets and promotions as possible. Not being able to access a bonus is leaving free money on the table.
As any matched bettor will know, this is not a good feeling. Therefore, I recommend you select another payment method if you’re using matched betting.
For example, you could use debit card transfers where you’ll still be able to access bookmakers’ free bets and promotions.
Skrill withdrawal fees
As I mentioned earlier, Skrill charges various fees for withdrawing your funds from your wallet into your bank account.
For local payment methods this is currently set at £4.79 (€5.50) per transaction or 7.50% for Visa transfers. As you can see this can become quite expensive, especially if you’re withdrawing large sums of money.
However, there are ways around this. The easiest option is for you to leave your money in your Skrill account and pay for purchases directly from your Skrill eWallet.
This way you’ll avoid paying any withdrawal fees meaning you get to keep more profit.
How to deposit at Skrill betting sites
Using Skrill to deposit funds into your betting account couldn’t be easier. All you need to get started is a Skrill account.
If you haven’t already got one, you can sign up using the official Skrill website. This process is relatively easy and won’t require that much time.
Once you’ve connected your bank account to your Skrill account, you’re all set. Now you can head over to your favourite Skrill betting site and deposit your funds.
Simply select Skrill as your preferred payment method, enter your Skrill email address and the amount you’d like to deposit.
You’ll be redirected to a secure page before returning to the bookmaker. Overall, Skrill is incredibly easy to use and makes funding your betting accounts an easy process.
Alternatives to Skrill betting sites
If you’re not convinced by Skrill, there are other alternatives you should consider such as PayPal or Neteller. Both of these platforms offer similar features to that of Skrill and are very popular throughout the betting industry.
Best Skrill betting sites
Obviously, there are various betting websites where you can use Skrill to deposit your funds.
As with most things, your favourite Skrill betting site will differ from mine. It’s very subjective.
However, selecting one of the sites mentioned above is a great idea. Many punters have used these Skrill friendly bookmakers over a number of years and they’re very well-reviewed.