Let's Find Out Skrill Pros & Cons as a Casino Payment Method

When it comes to making deposits and withdrawals at online casinos, having the right payment method can make all the difference. One popular option is Skrill, an e-wallet that offers a range of advantages and disadvantages for casino players. In this article, we'll explore the major benefits and drawbacks of using Skrill as a casino payment method.

Major Advantages of Skrill for Casino Players

  1. Multi-layered security: With an e-wallet, you never share your bank details with the online casino. Skrill adds an additional layer of security to your transaction: it's SSL-encrypted and requires only the number of your wallet for the payment to be conducted.
  2. Very competitive deposit fees: You pay less money to deposit into Skrill compared to Neteller (see table below) and many other wallets.
  3. Fast deposits and withdrawals: This applies to both internal operations and fund transfers to and from Skrill online casinos. Compared to credit card transactions, where you can wait several days for your winnings, Skrill delivers money to your account in 24 hours max.
  4. Wide acceptance: Skrill is available in 100+ countries and accepts 40+ currencies, not to mention several cryptocurrencies.

Drawbacks to Consider

  1. Still not as widely accepted as credit/debit cards: Visa and Mastercard are still the most widespread payment options for online casinos. It's highly unlikely yet possible that a random casino you found on the web won't accept Skrill.
  2. High withdrawal fees to credit/debit cards: To withdraw funds from Skrill to your credit card, you have to pay a 7.5% fee, which is extremely high. Don't confuse this with Skrill casino deposits and withdrawals — these are free.

Neteller vs. Skrill

Since the PaySafe group acquired both services, the two share many common advantages and shortcomings. However, differences between them still persist. We've compiled a table to help you choose the best option for you:

Neteller Skrill
Available currencies 28+ 40+
Free deposit options Local bank deposit (in some countries) Country dependent
Paid deposit options 40+ deposit options, 2.5% fee for all Country dependent
Withdrawal options 4 options, 0% - 1.45% fee 3 options, EUR 5.50 - 7.50% fee

Comparison of Neteller and Skrill

For transactions involving currency conversion, Skrill adds a fee of 3.99% to their wholesale exchange rates. The exchange rates vary and will be applied immediately without a notice to you.

How to Use Skrill in Online Casinos

Skrill is simple in use just like other e-wallets. To pay with Skrill in an online casino, you have to follow these simple steps:

  1. Sign up for Skrill by entering your email address and required personal details. Specify your country and preferred currency.
  2. Skrill will send you a verification email. Check your inbox and follow the link to verify your Skrill account.
  3. Add your deposit method to put money into your Skrill account.
  4. Register in a suitable Skrill online casino and choose Skrill as your deposit method.
  5. Pick the right sum and top up your casino account with Skrill.
  6. If the casino you chose offers bonuses to players who deposit with Skrill, you should be able to use this opportunity to get some extra funds to play with.

The withdrawal process is very similar. You have to request a withdrawal on the respective page and choose Skrill as your casino withdrawal method.

How to Choose the Right Casino that Accepts Skrill Deposits

We've gathered the best casinos with Skrill payments in our "Recommended" tab. These websites have already established their good reputation and have a great variety of games in their collection.

However, if you want to see all the options available on the website, go to the "All" tab. It displays the whole collection of casinos that accept Skrill. Users seeking newer casinos with favorable conditions and some lucrative promotions can go to the "Newly opened" tab, where we have all the recent Skrill casinos emerged on the web. Lastly, the "Big brands" tab shows you only the largest and most popular casino brands with Skrill payments.

More demanding users can also apply numerous filters to find the right Skrill casino for their precise query. For example, you can filter out Microgaming casinos that accept Skrill at the same time or look for casinos that offer a specific bonus or game type., Skrill offers a range of advantages and disadvantages as a casino payment method. While it may not be the most widely accepted option, its competitive deposit fees and fast transactions make it an attractive choice for many players. By understanding the pros and cons, you can make an informed decision about whether Skrill is right for your online gaming needs.