Skrill, formerly known as Moneybookers, is the second cheapest e-wallet solution for online gamblers. It’s fee’s are cheaper than Neteller but given PayPal is more or less free to use it’s not quite at the top of the tree.
You can use Skrill to deposit and withdraw from any of the betting sites listed below. After the list I’ve broken down the exact fee’s you’ll be charged if you do use Skrill.
Skrill Accepting Bookmakers
It’s not uncommon for some Skrill friendly bookmakers to withdraw their opening bonus offer to Skrill customers. Where/when applicable I’ve made that very clear below (the list is constantly updated).
Skrill Fee’s For Online Betting
So the bad news if you elect to use any betting site which accepts Skrill is somewhere along the line you will be charged transaction fees. The good news is it’s never actually the bookmaker who’ll charge you so moving money in and out of any betting account is 100% free.
It’s when you deposit funds into and withdraw funds from Skrill itself that you’ll incurr costs. This doesn’t apply to all funding options but it does to all withdrawals.
Free Deposit Options At Skrill
The following deposit options are free to use at Skrill. You’ll notice that not all debit cards are listed. If your debit card isn’t listed it’s likely still free to use but please check with Skrill customer support to avoid any suprise charges.
- Any kind of local bank transfer done online, over the phone or at your bank.
- Deposits made with Maestro debit cards.
- A cheque mailed and made payable to Skrill.
- Sofort banking transfers.
- Any SWIFT transfer.
Deposit Options With Fees
- American Express 1.9%.
- Diner Club International 1.9%.
- JCB Credit Card 1.9%.
- MasterCard Credit Card 1.9%.
- Visa Credit Card 1.9%.
Charges For Withdrawing From Skrill
You will also be charged every time you make a withdrawal from your Skrill account back to your bank account. Again it’s NOT the bookies charging you here it’s Skrill themselves. These are as follows:
- Local Bank Transfer – £2.45 per transaction.
- Mailed Cheque – £2.91 per cheque.
- VISA – £2.45 per withdrawal.
- SWIFT – £2.45 per transfer.
Skrill Prepaid MasterCard
Anyone who holds an account with Skrill also has the option to apply for a Skirll Prepaid MasterCard. This works very much in the same way as a credit card and your spending power on the card is the same as your Skrill account balance.
If I was going to use Skirll for online betting then this would be the method I’d use to get money out of my account. You can use the card for free in shops, restaurants or online but it does cost £1.49 to make a withdrawal at any cash point.
There is also an annual card fee of £8.30 per year but if you plan to move money in and out of your Skrill account on a regular basis then it’s still likely cheaper to go with this option.
Similar But Better Options:
PayPal is another ewallet solution which can be used for online gambling and using this method you won’t incur any fees making it a better choice than Skrill for punters. It’s my deposit option of choice.
Neteller is also an ewallet which can be used for online betting transactions. There are fees bit if Skrill doesn’t work for you it’s a good alternative option. A prepaid card withdrawal system is also in place.