Skrill

At a glance

How it works at a bookmaker

You fund the wallet by card or bank, then pay the bookmaker from the wallet; withdrawals come back to the wallet, usually within hours, and you move them to a bank when you want. The bookmaker sees only the wallet, which is why bettors who use several sites like it: one funding source, one place to hold balances between sites, one currency conversion instead of many.

Deposits and withdrawals

Instant deposits everywhere. Withdrawals were the fastest fiat method on the international platforms in our tests, often landing in under three hours, and within a day on the European groups. Bank withdrawal from Skrill then takes one to three days.

Fees

This is where Skrill costs money. Uploading from a card carries a fee, withdrawing to a bank carries a fee, and any currency conversion carries a spread above the market rate. Keep the wallet in the currency of your betting accounts and fund it by bank transfer to keep costs low. Frequent users can reach a VIP tier with lower rates.

Bonuses

Most licensed European operators exclude Skrill and Neteller deposits from welcome offers, because the wallets make bonus abuse easy. The international platforms mostly do not. Read the bonus terms before you fund the wallet.

Verification

Skrill runs its own identity checks; the bookmaker only checks that the wallet name matches the account. A verified Skrill account can be the quickest way through a bookmaker’s own KYC.