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Betting School

Skrill betting guide

Skrill Betting Guide

It is a popular method for everyday online transactions that has been launched in 2001. It is an innovative method for deposits, that gamblers love to use in order to fund their betting accounts on sites. You may find details about using the Skrill method below.

How to deposit money with Skrill

Before you do so, firstly check if the bookmaker you choose to use accepts transactions with the product of Skrill. If so, then all you need to do is open an account and specify the deposit options on the bookie’s page. Then, make your deposit, given that you have enough funds in your Skrill account.

How to make a withdrawal with Skrill

Follow the steps below:

  • First step. You have to make sure that your bookie has a Skrill card option, on the pay-out section.
  • Second step. You have to fill in the withdrawal form which may vary from bookie to bookie and press the button. Your withdrawal is settled.

Have in mind that the amount could be used for future deposits when you buy online with your Skrill card. Optionally you can take the withdrawals cash from an ATM machine.

Skrill Card

You have to have in mind that could be a charge of no more than 3,5% with every transaction. If you withdraw money through a bank transfer, there is going to be a charge of 5,50 euros. If your account becomes inactive, then you will be charged, with the cost of 3 euros.

Average time for deposits and withdrawals with Skrill

Most the gamblers prefer to use the Skrill card on their transactions. The most significant reason is not only because it’s easy to use, but mostly because it is quite fast. You do not have to wait, more than a few seconds, from the moment you press the withdrawal button until you see the money in your account. The Skrill method offers just over more than 40 currencies.

Skrill verification requirements

It is an easy and quick process as you follow the steps below:

  1. Install the Skrill application on your smartphone.
  2. Connect your Skrill account by logging into the application.
  3. Use the two-factor authentication. For making it more comprehensible, this factor consists of two parts. Primarily, to connect and of course secondarily, to verify your account by using your Google account, or your mobile number.
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Important facts relating to the Skrill payment method

For the persons that are familiar with using e-wallets or traditional bank transfers or card ways of funding the betting accounts, the Skrill method might seem a bit strange. It is a different way to turn your cash into betting tokens. Start by buying the voucher and then enter the 16 digit pin code and then enter the amount. Now your betting account is refreshed. In case you use a Skrill prepaid card, you will have the cost of an annual fee of 10 euros.

The pros and cons of using Skrill

It is an easy and fast method. Anyone can make his/hers payments without any trouble. That is why it is among the most popular methods, to make transactions with betting sites. You can get easily your voucher, as it is sold in thousands of spots. You may find a retailer near your neighbourhood. Bear in mind that every deposit transaction is free of charge. There is only one reason, against using the Skrill account for your betting activities. It does not apply in all cases. Some bookies eliminate this payment method from their offers because there is a charge for transfers between Skrill accounts. In this case, you need to seek an alternative method. Some betting sites, although they accept Skrill as a deposit method when you decide to withdraw your gains, they make you do it through a bank transfer. This is a much slower method and some gamblers do not like to place their gains in their bank accounts. Another disadvantage is that it is not always at your disposal. Not all banks accept deposits, from a Skrill account and you need to get dressed and find the closest retailer, to get your voucher and place the 16 digit code in order to start playing.

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