Skrill Casinos
Do you ever gamble online? Then you’ve probably come across a Skrill casino. You may remember the online payment service Skrill under the old name Moneybookers.
Skrill is similar to PayPal and is a widely used payment method in online casinos. This is partly because it is a secure and fast payment method. Skrill uses an online app on your phone, so you can easily pay using your smartphone. If you still prefer a physical debit card, it is also possible to link a prepaid credit card to your account.
If you pay with Skrill at an online casino, you don’t have to share your financial information (such as your bank account or credit card details) with the casino. Besides speed and security, this is another advantage. Finally, in addition to regular currency, you can also send and receive crypto coins with Skrill.
Want to know more about Skrill online casinos? Then read on quickly and discover all the advantages and disadvantages of this casino payment method.
How does Skrill work?
Depositing at an online casino with Skrill is easy. To get started, you create a Skrill account. This is free. Surf to the Skrill website, enter your personal information and confirm your details.
Next, make a deposit into your Skrill account. You can do this easily with iDEAL (of course you can also choose an iDEAL casino directly), Bitcoin or, for example, a credit card. You pay 1% of the total amount in fees to the payment service.
Do you have a balance in your Skrill account? Then you can pay with it easily and super fast at an online casino. Visit a reliable online casino and click on ‘Deposit’. Then choose to pay with Skrill. Enter the e-mail address and password of your Skrill account and deposit the desired amount. Then you can start playing right away.
Besides depositing, you can also have money cashed out to a Skrill account. This is almost immediately in your Skrill e-wallet. This makes Skrill a lot faster than a traditional bank transfer, for example.
Would you like to transfer money from your Skrill account to another account? There are several ways to do that. You can withdraw the balance from the online casino to a bank account, mobile wallet or to a phone number or email address. This can be done with 40 different currencies and to countries around the world.
Online gambling with Skrill is fast and easy and therefore loved by gamblers around the world.
What is Skrill?
Skrill is an online payment service founded in Britain. The company has been around since 2001 and was called Moneybookers at its inception. Since then, the company has grown considerably. The name has been changed to Skrill and casinos and gamblers are using the service extensively. Especially among gamblers in America, this is a very popular payment method.
You can use Skrill on a desktop, mobile website or with the Skrill app. Skrill is part of Paysafe Group Limited. This company has a good reputation and is committed to security.
Skrill Credit Card
If you create a Skrill account, you open an e-wallet. In addition, it is also possible to link a credit card to your account. This is a Mastercard.
If you apply for a credit card you will receive it in the mail within 1-2 weeks. You will also receive a separate letter with the PIN. This Mastercard is a prepaid card. This means that you can put money on it. So you cannot use this card if there is no balance on it.
Besides using it in online casinos, you can also use this credit card for other purposes. Note, however, that prepaid cards are not always accepted. Nevertheless, a Skrill Mastercard does offer a lot more security than non-prepaid credit cards.
To get a Skrill Mastercard, you don’t have to pass a credit check. This is because it is a prepaid card. So you can’t pay afterwards with Skrill.
Paying with Skrill at online casinos
Paying with Skrill at the online casino has both advantages and disadvantages. So judge for yourself whether a Skrill casino suits you as a player. GambPayments lists all the pros and cons.
Benefits of Skrill casino
Paying with Skrill at online casinos has many advantages. Both deposits and withdrawals are processed at lightning speed and it is a secure payment method. Moreover, hundreds of online casinos offer Skrill.
In addition, Skrill has a VIP program. The payment service rewards loyal users with lower fees and higher limits. Therefore, it is similar to a casino VIP program. To get VIP status, you must have a minimum amount of transactions per quarter. For silver you must have a minimum of €15,000 in transactions, for gold €45,000 and for diamond €90,000. The higher the level, the more benefits.
Do these amounts sound a bit dizzying to your ears? That’s okay. After all, you don’t have to save up for the VIP program. In fact, you pay no fixed fees for Skrill. This is unlike many bank accounts, where you pay a fixed amount per month, quarter or year. If you want to pay occasionally with Skrill, it is a very favorable payment method. In that case, the transaction fees are probably lower than the fees of, say, a Visa account.
A final advantage is that Skrill can also be used in online casinos without verification.
Disadvantages of Skrill casino
One disadvantage of Skrill is the cost of using it. Namely, you pay €5.50 for a transfer to your bank account. If you choose Visa, you pay 7.5%. Finally, you pay 2% for a payout to a crypto wallet. So the latter is clearly the cheapest way.
Another disadvantage is that not every casino offers a welcome bonus to Skrill users. So always check the bonus terms if you want to pay at a casino with Skrill and claim a bonus. It is of course a shame if you miss out on the casino bonus by paying with Skrill.
Why is a bonus often not valid for Skrill?
Many casinos do not give players a bonus when they pay with Skrill. Are you looking for a good Skrill casino bonus? Then you may have to do extra research.
This is because the competition between gambling sites is cutthroat. There are thousands of casinos and they all want you to gamble with them. With a bonus, a casino gives away a bonus. Often, deposits with Skrill or online casino Neteller are excluded. This is unfortunate for players, but there are a number of reasons for this. These GambPayments explains here.
Skrill casino fees
As a Skrill user, an e-wallet is relatively inexpensive. This is not true of Skrill casinos. Skrill and Neteller charge a commission of 6% to 7% per transaction. MuchBetter even charges 15% per transaction.
This makes the cost of these payment methods a lot higher than, for example, a casino with Trustly and iDEAL. Using these payment methods costs casinos about €0.30 per transaction.
Because of the competition between casinos, every euro counts. Casinos also pay commission to the gaming provider (also on the distributed bonus). In addition, they also have operational costs.
Bonus abuse
Some players abuse casino bonuses. To prevent this, online casinos have strict policies. Unfortunately, the percentage of “abusers” is high among players who deposit with Skrill and Neteller. For this reason, some casinos exclude these payment methods from bonuses. Too bad. Because as a result, even good players pay the price.
Anti-Money Laundering
It happens that Skrill casino players exchange accounts among themselves. This is not allowed. Casinos have an obligation to prevent and combat money laundering. Deposits with Skrill therefore have a higher risk of money laundering than payment methods with stricter identity verification.
Skrill casino bonus terms
Have you found a bonus you can claim when depositing with Skrill? Then it is important to also read the rest of the bonus terms carefully. This is because not every bonus is equally good. Pay particular attention to the following aspects:
- How many times you have to play around the bonus money. Usually this is between 35 and 100 times the bonus amount. Only then may you have the bonus money and winnings paid out.
- The maximum bet per spin. This is the maximum amount you may wager per spin as long as you play with bonus money and/or round up your bonus.
- The games allowed. Not every game counts equally toward bonus wagering. Some games you may not even play at all with bonus money.
- The validity period. Check how long the Skrill casino bonus is valid. Is it realistic to play the bonus around within the allotted time?
- Profit limits. Avoid bonuses with hefty profit limits.
Most complaints and disappointments stem from the bonus terms. Therefore, it is important that you read the bonus terms carefully and stick to them. This way you will avoid disappointments.
Conclusie over Skrill online casino’s
Paying with Skrill at online casinos has many advantages. Nevertheless, it is not the most ideal payment method if you like to play with a casino bonus. Do you find it important that the winnings are back in your account quickly? Then Skrill casino is a good choice. A withdrawal is often in your Skrill account within seconds.