Pros and Cons of Betting Sites That Use Skrill

Let’s begin with a quick overview of the main pros and cons of using Skrill for online gambling in Australia:

Making a Payment with Skrill – A Step-By-Step Guide

Similar to , the process of using Skrill to make an online transaction can be broken down into three simple steps:

  1. Create your Skrill account
  2. Fund your Skrill account
  3. Deposit funds into your betting account

Here’s a more detailed breakdown of each of these three steps:

Step One: Create Your Skrill Account

To begin with, you will need to create a new Skrill account as follows:

  1. Go to the Skrill website or download the app (available on the App Store and Google Play)
  2. Click the “Register” button
  3. Select your country of residence and currency (Australia and AUD are both available)
  4. Enter your email address and create a password for your account
  5. Consent to receiving marketing emails (optional)
  6. Click “Next” to accept the T&Cs
  7. Log in to your email account
  8. Enter the verification code that should have been sent to you in the welcome email
  9. Enter your personal details (name, date of birth, address, etc.)
  10. Verify your identity (we’ve provided full details on how to do this further down the page)

Step Two: Fund Your Skrill Account

Now that your Skrill account is up and running, you’ll need to fund it. You can do this as follows:

  1. Log in to your account
  2. Go to the “Deposit” or “Fund My Account” section
  3. Choose a payment method (see below)
  4. Enter the amount you wish to deposit
  5. Confirm the transaction
  6. The funds should be with you instantly, but can take up to three business days for some payment methods

The good news for users in Australia is that you can now enjoy no-fee debit card deposits, as you can see below:

Funding method Fee
Visa: 0.00%
Mastercard: 0.00%
JCB: 0.00%
Diners Club International: 0.00%
Paysafecard: Up to 5.00%

Step Three: Deposit Funds Into Your Betting Account

If you don’t already have an account with a betting site that accepts Skrill, you can find the best options where you are via the banners on this page. You then just need to follow these instructions:

  1. Create your online betting account
  2. Sign in to your new account
  3. Navigate to the “Cashier” or “Wallet” area
  4. Click “Deposit”
  5. Choose “Skrill” as a deposit option
  6. Enter the amount that you wish to deposit
  7. You will be redirected to Skrill in a new window
  8. Enter your Skrill password and login credentials
  9. Follow the instructions to complete the transaction
  10. The funds should instantly be added to your account

Withdrawal and Deposits on Betting Sites with Skrill – The Key Facts

Skrill can be used to fund your betting account and withdraw your winnings, which is why it’s one of the best has to offer its punters. We’d now like to take a closer look at how this digital payment method works at their end of your betting cycle.

No Service Fees for Deposits

As long as you use your account at least once, you won’t be charged a service fee (it’s $5.00 AUD monthly if your account remains open but inactive). Additionally, Australian punters currently don’t have to pay deposit fees for Skrill payments that come via their bank cards (though this is subject to review and change, so watch this space for updates).

While Skrill currently doesn’t charge deposit fees to Aussie punters in most cases, there might be a small fee charged by the bookie. If you can’t find this information on the site, check with customer service quickly before using Skrill to make a deposit.

Here are the key details:

Skrill deposit fees: AUD $0.00* 💳
Deposit processing time: Instant ⌛

*Deposits by way of Paysafecard have a fee of up to 5.00%, and the bookmaker may charge a fee, though most don’t.

Skrill Withdrawals - No Fees

Again, we’ve got good news for you here, as Skrill doesn’t charge you to receive money. The only way that you may incur a charge is if there’s a currency conversion fee involved, but even overseas-based betting brands operate in Australia using AU, so this shouldn’t be a problem.

That being said, some gambling sites might charge a withdrawal fee, so always make sure to check this in advance. Anyway, here’s how to withdraw funds from a Skrill betting site:

  1. Log in to your account
  2. Got to the Cashier
  3. Select the “Withdrawal” option
  4. Enter the amount that you wish to withdraw
  5. Choose “Skrill” as the payment method
  6. Wait to receive your funds.

Following approval, you should get your funds in either a few minutes or up to 24 hours. The approval period varies between betting sites, but usually doesn’t take more than 24 hours.

Skrill withdrawal fees: AUD $0.00* 💳
Withdrawal processing time: 0 - 24 hours ⌛

*There are possible exceptions where fees may be charged by the bookmaker.

Skrill Verification Requirements – Photo ID and Proof of Address

As we mentioned earlier, you need to fully verify your identity to get your Skrill account up and running. To do this, you will need to upload the following documents alongside a recent selfie for direct comparison:

Photo ID 👤 Proof of address 🏠
  • Passport
  • Driver’s license (front and back)
  • National ID card (front and back)
  • Utility bill (dated within 90 days)
  • Financial statement (dated within 90 days)
  • Mortgage or tenancy agreement (dated within 12 months)
  • Official government correspondence (dated within 12 months)

Other Notes About Verification Documents:

  • The photo ID card must be valid and have at least three months left
  • All of the details should be clearly visible
  • Photos are preferred, but a screenshot may be accepted

How to Verify Your Skrill Account - Step-By-Step

Here’s how to verify your account

  1. Follow the steps to create your Skrill account
  2. Click “Verify Now” when prompted
  3. Enable your phone camera/webcam
  4. Click “Upload”
  5. Take a picture of your photo ID (front and back if required)
  6. Upload the picture
  7. Scan or take a picture of your proof of address document (if you’re asked)
  8. You should get verified within 24 to 72 hours

The History of Skrill – 2001 to the Present Day

Skrill was launched in London in 2001, then under the name Moneybookers. It was one of the early e-wallet innovators, alongside PayPal and Neteller, and quickly became popular as a payment method for online betting and gaming, due to its fast, secure, and (above all) private transactions.

Moneybrookers changed its name to Skrill in 2011, when it began a long-term rebranding campaign that turned it into the betting-focused payment method that punters across the globe know and love today. In 2015, it was acquired by Optional Payments PLC (now Paysafe), which owns Neteller, previously Skrill’s biggest competitor in the online gambling sector.

Skrill - A Timeline

  • 2001 - Moneybookers is launched in London
  • 2007 - Builds a reputation in the UK and Europe
  • 2011 - Rebranded to Skrill
  • 2013 - Skrill is bought over by Invescrop
  • 2014 - Skrill acquired Ukash, one of its UK competitors
  • 2015 - Acquired by Optimal Payments PLC (now Paysafe Group), who own Neteller (Skrill’s main competitor)
  • 2018 - Skrill launched its crypto-trading service
  • 2020 to present - Continues to expand and grow its service to include e-commerce, prepaid cards, and more

Skrill Compared to Other Providers – Neteller, PayPal, and Others

Compared to traditional Visa and , Skrill is faster for withdrawals and more private overall. It also incurs lower fees than Neteller, which is its nearest competitor, and is quicker and more private than PayPal. However, it isn’t as widely accepted globally as PayPal, which also has slightly better security protocols.

Cryptocurrencies, meanwhile, offer more security and privacy than Skrill; in fact, they are virtually unrivalled in that respect. However, the decentralisation of the blockchain that provides this privacy for crypto makes the many currencies highly volatile. This is something that you can avoid if you pay in AUD using Skrill.

Here’s a quick head-to-head summary:

  • Skrill vs Neteller - There’s very little to pick between these two, but Skrill has no fees for gambling deposits and withdrawals in Australia, while Neteller can incur small fees.
  • Skrill vs PayPal - Skrill has lower withdrawal fees and better privacy, but PayPal has superior security measures.
  • Skrill vs debit cards - Skrill is more private and faster than traditional bank cards, and just about as secure.
  • Skrill vs crypto - Crypto offers very high security and total anonymity, but Skrill avoids the extreme volatility of crypto while still offering a decent degree of privacy.

Three Essential Facts About Using Betting Sites That Accept Skrill

Before we finish, here are three vital facts that you must know about using Skrill to deposit and withdraw funds from your betting account:

  • Skrill is accepted by many online bookies in Australia - While domestic-based online gambling sites, like MidasBet or Punt123, don’t accept Skrill, many of the global brands do, such as bet365 or Ladbrokes. You can find the top Skrill betting sites available to you right now by consulting the banners on this page.
  • Skrill is secure and private - As well as having some decent security protocols, including 2FA, Skrill is also a great option for your online privacy. They don’t share your banking details with the bookie, and they don’t let your bank know that funds are going towards online betting (though you do have the option to disclose this if you wish).
  • Skrill has low fees for online betting in Australia - Skrill currently doesn’t have service charges or deposit charges for card transactions (there is a fee for Paysafe card, though). Moreover, it doesn’t charge you to receive money, making it ideal for fast, no-fee withdrawals.

Conclusion – Find the Best Skrill Betting Sites Here

In summary, Skrill is a decent option to use on your online betting account for deposits and withdrawals. It offers the stability of traditional banking but with more privacy, and has lower fees than many other e-wallets. Moreover, the transaction speed for withdrawals is the fastest that you’ll get without using crypto. You can check the banners on this page to find our reviews of the best Skrill betting sites where you are today.

Check Out Our Favorite Sportsbook!

Skrill Betting Sites FAQ

🤑 Can I Use Skrill to Gamble in Australia?

Yes, you can use Skrill for online betting in Australia, but not all online bookies support it. This is similar to how not all platforms qualify as , with only select platforms supporting the payment method.

📝 What Betting Sites Accept Skrill?

Many, but not all, betting sites in Australia support Skrill deposits and withdrawals. Usually, Australia-based betting sites don’t accept Skrill, while the overseas brands that legally operate here do.

🔒 Is Skrill Safer Than PayPal for Online Betting?

PayPal is marginally better for security, especially for fraud protection, but Skrill is still a safe option. Moreover, Skrill is better for privacy, as they don’t share any of your banking info with the merchant (betting site), while PayPal does.

💰 Does Skrill Charge Fees for Betting Withdrawals?

Skrill does not charge you to receive money, which means that you can make no-fee withdrawals from your online bookmaker account. However, we always recommend checking to ensure that the betting site doesn’t charge a transaction fee from their side.

Sign up to get the latest sports betting picks and offers sent to your inbox.
Sign Me Up
You can unsubscribe at any time. By signing up you agree to our Terms of Service and Privacy Policy.
×
The bonus offer of was already opened in an additional window. If not, you can open it also by clicking the following link: