Skrill, formerly Moneybookers, was launched in 2001 primarily as a money transfer service. As the popularity of online gambling surged, so did the demand for its use worldwide. It offers a secure way to make instant deposits on Skrill sports betting sites where punters can claim attractive welcome bonuses. Skrill is currently available in 131 countries across the globe, enabling bettors to transact in currencies such as Euro and USD and cryptos such as Shiba Inu and Ethereum.
Founded in 2018, YYY sports is one of the newest Skrill sports betting sites. It has quickly made a name in betting forums thanks to its 100% welcome bonus match on deposits of up to $2,200. A diverse catalogue of sports also means that bettors can try out the bonus on most of them, including events on games in cricket and tennis, among others. Aside from that, there are running promos, and punters can instantly top up their accounts via Skrill.
1xBet was founded in 2007 and has attracted many active bettors on its site. With over 60,000 live events monthly, it is among the more popular Skrill sports betting sites offering competitive odds. Bettors can use features such as the Bet builder to create custom bets that pay high wins. Other features include a cashout where players can claim a payout before the event ends. Skrill has some of the most favourable transaction terms, so you can withdraw and save more than with other e-wallets.
Launched in 2012, Melbet hit the ground running by attracting bettors thanks to its prolific portfolio of sports and esports. Bettors can wager on games such as darts, chess, boxing and even field hockey. It is one of several Skrill sports betting sites with rewarding promos and a welcome bonus of 100% up to $200. The live stream feature particularly comes in handy when making bets in real time, and using its optimised mobile app is a smooth experience. Transactions on Melbet are quick, especially on deposits made via Skrill.
Betwinner started its operations in 2018, and since then, it has amassed an enormous following, even launching in the Middle East. You can make a first deposit bonus matched 100% up to $150 to play on its diverse catalogue of over 40 markets. It is one of the more enticing promos among Skrill sports betting sites which is why Betwinner is so popular. Betwinner lists many live events daily, some listed on promotions, such as the Accumulator of the day. Bettors stand a chance of having the odds increased by 10% under this promo. Alternatively, various markets on live bets in popular sports such as baseball and soccer are available. Betwinner’s fees on Skrill withdrawals are fair, and the deposits are instant and free.
Advantages of Using Skrill for Sports Betting Transactions
Skrill has operated for 22 years, helping revolutionise the online gaming industry. Millions of users in over 130 countries prefer to bet on Skrill sports betting sites, capitalising on its excellent features. Below we highlight some of them in detail.
- Fast: Deposits from banks to sportsbooks will take anywhere from 3 to 5 days; however, on Skrill, they are instant, and the amount reflects in under 5 minutes.
- Simplicity: Skrill is easy to set up even for first-time users, and the transaction process is a simple step process.
- Secure: Skrill prides itself in securing its users’ data as its motto states, “Fast, secure online payments.” It has complied with financial regulations in all countries of operation, making it easier to send international payments.
- Multilingual interface: Skrill has set up shop in over 130 countries and supports several languages. It’s a feature that has effectively simplified the transaction process and sorted out various issues via an eloquent support team.
- Reliable: Skrill has consistently been associated with fast payments. First-hand customer reviews are a testament to this, especially in betting forums that review sportsbooks and their payment methods.
Comparison of Skrill With Other Payment Methods Used in Sports Betting
Millions of bettors have transacted via this e-wallet on Skrill sports betting sites for over two decades. As discussed below, a few notable positives have kept punters using it as their primary transaction method on betting sites.
Because it operates in over 130 countries, Skrill has incorporated at least 40 fiat currencies. It also has one of the cheapest currency conversion fees in the e-wallet industry. Most bettors have described how easy it is to open a Skrill account, and even better is the simplified interface that makes it easy to transact every time.
Compared to other e-wallets such as Paypal, Skrill offers bettors options to add funds. Aside from a bank account and credit cards, bettors can use different methods, such as cryptocurrencies and a Paysafecard.
Bettors can apply to use a Skrill credit card on supported betting sites. It is linked to the Skrill wallet, and funds are added or deducted as on any standard bank-issued credit card. Skrill is among the safest e-wallets on the market, alongside Neteller. Bettors can log in using a 2-factor authentication or a biometric fingerprint feature, making it hard for hackers to access.
Skrill has a 2.99% service fee which is among the most affordable on the market compared to the 4.50% service fee imposed by Paypal. The more you transact, the more you can pay in service fees, significantly if the account is upgraded to Silver, Gold, or Diamond VIP status.
How to Set up a Skrill Account For Sports Betting
The ease of use and low transaction fees have increased Skrill’s popularity in the betting industry. Most bettors prefer betting on Skrill sports betting sites, and below is how to set up a Skrill account via a simple step-by-step process.
- Visit the official Skrill website to create an account.
- Enter your official name, then select the option ‘New account.’
- Enter the email address that you wish to use for Skrill transactions.
- Create a username as your account ID.
- Confirm by clicking on ‘Apply now.’
- Check your Skrill email address for a verification link.
- Click on the link in your mail to verify your Skrill account.
Once the verification is confirmed, you can log in to your Skrill account and transact. To upgrade your limits, verify your Skrill by providing proof of ID by uploading personal documents such as an ID or driving licence.
FAQs About Using Skrill in Sports Betting
Yes, it is. Skrill has one of the best and consistent rates when transacting across most sports betting sites. Most of the deposits to a sportsbook are free and instant, ensuring that you can start playing minutes after registering your sportsbook account.
It is relatively easy because you only link your sportsbook account to your Skrill, and a redirect page prompts your login credentials to connect them to the betting site. From then on, deposit and withdrawal transactions between Skrill and the sportsbook are more accessible and faster.
Skrill’s authentication feature involves a 6-digit PIN code sent via an SMS to the Skrill account owner’s registered mobile phone number. Skrill can also send the PIN to your Skrill email; the code is usually valid for only 15 minutes. Otherwise, you must sign in again to resend a new one.