If you’ve played at online casinos, you’ve probably seen Skrill as a payment option. It’s a popular e-wallet for a reason. I mean, it offers fast deposits, great security, and a way to move money without sharing too much personal info.
I’ve used it plenty of times, and it’s solid. It’s quick, easy to set up, and works at most gambling sites. That said, it’s not perfect. Some casinos won’t let you claim bonuses with it, and there are fees to watch out for. But if you want fast and reliable payments, it’s one of the best options around.
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This payment provider has been around for a while, but if you’ve been online long enough, you might remember it as Moneybookers. It started as a digital wallet focused on online gambling, and over time, it grew into one of the biggest e-payment providers worldwide.
Early 2000s: Launched in the UK as Moneybookers, focusing on digital payments for online gambling and betting platforms.
2007: Became one of Europe’s top three e-payment providers and was acquired by Investcorp.
2009: A security breach exposed data from 4.5 million customers, though it wasn’t discovered until 2015.
2011: Announced rebranding to Skrill to modernize its image and expand services.
2013: Completed the transition from Moneybookers to Skrill, acquired paysafecard, and was bought by CVC Capital Partners for €600 million.
2015: Acquired by Optimal Payments (parent company of Neteller) for €1.1 billion, merging two of the biggest e-wallets in the industry. Skrill and Neteller’s parent company rebranded as Paysafe Group and also acquired Ukash, merging it with paysafecard.
2018: Expanded beyond gambling with an international money transfer service and introduced crypto trading, allowing users to buy and sell cryptocurrencies directly from their accounts.
2020: Extended its money transfer service to U.S. users, further strengthening its global presence.
Today, it is one of the leading e-wallets for online gambling. This can also be seen online, as I have seen it accepted at thousands of casinos. It supports multiple currencies, prepaid cards, and crypto transactions.
Skrill vs. Neteller
Since they are owned by the same company, they have a lot of similarities. Both offer fast transactions, strong security, and are widely used at online casinos. But if you’re deciding between them, here’s how they compare:
Feature
Skrill
Neteller
Fees
Generally lower deposit and withdrawal fees.
Higher fees, especially for certain funding methods.
Casino Acceptance
Accepted at many online casinos and supports more payments through the Skrill network.
Accepted at a lot of sites, too, but doesn’t offer the same alternative payment options.
VIP Perks
Has a VIP program, but benefits are limited compared to Neteller.
More rewarding VIP program with lower fees and higher limits.
Ease of Use
Simple and streamlined interface.
More features, but it can feel cluttered.
Security
Uses encryption, two-factor authentication, and fraud protection.
The same high-level security.
If you’re after lower fees, wider casino acceptance, and more deposit options, Skrill is the better choice. If VIP perks and extra features matter more, Neteller might be worth considering. Personally, I stick with Skrill since it’s generally cheaper and works at more gambling sites.
In this section:
How to Use Skrill at Online Casinos
This method makes casino deposits and withdrawals pretty simple, but if you’ve never used it before, here’s a quick step-by-step guide on how it works.
1
Creating an Account
I find signing up here easy. Just head to the Skrill website, enter your email and personal details, and set up a password. You’ll need to verify your identity by uploading an ID and proof of address. This part is mandatory to unlock full account functionality and higher transaction limits.
2
Funding Your Skrill Wallet
Once your account is ready, you can add money. I think it’s best to stick with bank transfers, cards, or crypto since they’re the most direct and cost-effective. Alternative methods can work, but they often involve extra steps and fees that make them less convenient. I am listing them here because you could technically use them.
3
Depositing at an Online Casino
Most gambling sites list Skrill in the cashier section under e-wallets or just as Skrill. Just enter the amount you want to deposit, log in to your e-wallet account, and confirm the payment. Deposits are usually instant, and you can start playing right away.
4
Withdrawing Winnings
Payouts work the same way. Usually, you only need to go to the withdrawal section, select Skrill, enter the amount, and confirm. Most casinos process withdrawals within 24 hours, but some can be faster. Once the money hits your wallet, you can either leave it there, transfer it to your bank, or withdraw it via Skrill’s prepaid Mastercard (if available in your country).
Bonus Redemption Issues
There’s one drawback to this method, and it’s that some casinos exclude Skrill deposits from welcome bonuses. It’s not something I see at every site (in fact, it’s not that often), but when it happens, it can be frustrating.
Why Do Some Casinos Block It from Bonuses?
I think this mostly comes down to bonus abuse prevention. Skrill (along with Neteller) is sometimes used by players who deposit just to claim a bonus and withdraw quickly. To limit this, a few casinos don’t count such deposits toward welcome bonuses, though other promotions like reload bonuses or cashback could usually still apply.
How to Work Around It?
If you want to claim a welcome bonus but still prefer using Skrill, here’s what you can do:
Check the terms before depositing: Not all casinos block it for bonuses, so it’s worth confirming first.
Use a different payment method for your first deposit: A debit card or bank transfer usually qualifies. Once the bonus is secured, you can switch to Skrill for future transactions.
Find a Skrill-friendly casino: Some sites have no restrictions, so choosing the right casino solves the problem.
Are Skrill Users Missing Out?
Not really. I mean, missing a welcome bonus at some casinos is annoying, but most other promotions still work with Skrill deposits. Reload bonuses, cashback, and VIP rewards are usually fine. There could still be cases where it’s entirely excluded, but this is rare, and I think there are ways to work around it.
Spinanga is a solid choice for Skrill users, which is why I keep it on my radar. Not every casino handles e-wallet transactions well, but this one makes it easy. Deposits and withdrawals start at just €10, which is about as low as you’ll find. On top of that, payouts are smooth, and I’ve never had to wait long.
Beyond payments, Spinanga offers 9,000+ games, covering everything from slots and live dealers to sports betting. The site’s layout makes browsing easy, and I appreciate how well everything is categorized. Some casinos feel cluttered, but here, I can actually find what I’m looking for without digging through endless menus.
It’s also crypto-friendly, which is a nice bonus. If I’m not using Skrill, I’ll sometimes switch to crypto, and both work just as smoothly. Mobile performance is fine. I mean, that’s the standard.
Vegasino goes all-in on game variety, and I have to say, it’s pretty impressive. It comes in strong with over 11,000 games and a full lineup of options. Everything is optimized for mobile play, and I believe you won’t run into compatibility issues. To me, this is a big plus, as I mostly play on my phone, and I know most users are like that, too.
There are over 25 payment methods, and Skrill is one of them. That said, if you’re planning to claim a welcome bonus, keep in mind that Vegasino doesn’t allow Skrill deposits for that. Outside of that, payments are easy and accessible, with deposits and withdrawals starting at €10. If you’re using e-wallets here, payouts are usually quick, but some other methods can take up to five days.
Currency and language options are plentiful, which makes it accessible from different regions. The live chat support is available 24/7, and thanks to the live translation feature, getting help in different languages isn’t an issue either.
It is usually fast and convenient, but fees depend on how you add or withdraw money. Some methods are cheap, while others can be pricey, especially if you’re dealing with currency conversion.
Deposit and Withdrawal Fees
Depositing with a bank transfer costs anywhere from 0% to 1%, but it can take up to three business days to process. Using a credit or debit card is much faster, with deposits going through instantly, though there’s a fee of up to 2.5%. If you’re transferring from another e-wallet, the fee depends on the provider, and processing times range from instant to 24 hours.
Withdrawing from Skrill to a bank account takes one to three business days and usually has a small fee. If you’re withdrawing to another e-wallet or card, it’s much faster, but the cost varies. It also charges a 3.99% fee on currency conversion, which applies immediately when sending or receiving money in a different currency.
How Safe Is It?
Handling money online always comes with some risk, but Skrill has been around for years and has plenty of security features in place. It’s heavily encrypted, monitored for fraud, and backed by regulations. Basically, it does what you and I would expect from a legit e-wallet. That said, no system is perfect, but some are better than others.
How Skrill Protects Your Money
Security Feature
What It Does
Encryption Technology
Keeps transactions private so no one can intercept your data.
Two-Factor Authentication (2FA)
Adds an extra step when logging in or making payments to prevent unauthorized access.
Fraud Monitoring
Detects and blocks suspicious activity before it becomes a problem.
Regulatory Compliance
Skrill is licensed and regulated in multiple jurisdictions, so it follows strict financial security standards.
Even with all these protections, your account security is still in your hands. I mean, some payment provider won’t stop you from making bad decisions, so you’ve got to stay alert.
Common Risks and How to Avoid Them
Even the most secure e-wallet isn’t foolproof, and most security breaches come down to user mistakes. Here’s how to avoid the common traps:
Phishing scams are everywhere: Skrill will never email you asking for login details, so if you get one of those messages, don’t even bother opening it.
Your password matters: If you’re using ‘Skrill123’ or something just as bad, change it now. A strong password makes hacking a lot harder.
Turn on 2FA: It might be a minor inconvenience, but it’s way better than waking up to a drained account.
Stick to legit casinos: If a site looks sketchy or isn’t licensed, there’s probably a reason.
How Skrill Handles Disputes
If you spot a transaction you didn’t authorize, they let you report it and try for a chargeback. But if the payment was made to a gambling site, don’t expect a refund. They don’t usually reverse payments to casinos unless there’s obvious fraud involved. That’s why it’s important to only deposit at reputable sites. So, once the money’s gone, getting it back isn’t easy.
Is Skrill a Good Choice for You?
This method has been one of the top e-wallets for online gambling for years, and it’s easy to see why. Fast deposits, quick withdrawals, and solid security make it a strong option for anyone who wants a reliable way to move money in and out of casinos.
The one drawback is that some casinos block it from welcome bonuses, but honestly, that’s never been something I cared about. I’m more interested in how fast my transactions are, and it has never let me down in that department. Deposits are instant, withdrawals are some of the quickest I’ve seen, and it’s accepted at most gambling sites.
In this section:
PROs & CONs
What I liked:
Fast deposits and withdrawals
Accepted at most online casinos
Works with multiple currencies and cryptocurrencies
Keeps banking details private from casinos
What I didn’t like:
Some casinos block Skrill deposits from bonuses
Not available in every country
Customer support can be slow at times
Commonly Asked Questions
Is Skrill a safe payment method for online casinos?
Yeah, I’ve never had any issues with it. It has decent encryption, two-factor authentication, and fraud monitoring, so it’s pretty secure. As long as you enable 2FA and stick to legit casinos, you should be fine.
How long do Skrill deposits and withdrawals take?
Deposits are instant, at least in my experience. Withdrawals depend on the casino, but I’ve had them go through in just a few hours. Most sites process them within 24 hours, which is still much faster than bank transfers.
Why do some casinos block Skrill deposits from welcome bonuses?
I’ve seen this at a few sites, and I think it’s to stop people from abusing bonuses. It doesn’t happen everywhere, though, and it still works for other promos like reload bonuses.
Can Skrill be used for withdrawals at online casinos?
Yes, and that’s one of the reasons I use it. If a casino takes it for deposits, it almost always allows withdrawals, too.
Which online casinos accept Skrill?
Most big casinos accept it, and if a site takes e-wallets, Skrill is usually one of them. If I’m signing up somewhere new, I always check the cashier section first just to be sure.
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Hey, this is Brian 👋
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You might already be familiar with some of my work, as I’ve been in this industry for quite a long time now. I started out as a QA tester for a casino website back in 2009 and have been deeply involved in the industry ever since. After leaving my role as a quality assurance agent, I transitioned into writing, which I’ve been doing ever since.
Over the years, I’ve worked with several SEO agencies and have written more than 4,000 reviews of slots, casinos, and countless other pages related to the industry. With this experience, I can confidently say that I am a casino expert, capable of providing detailed and insightful reviews of any new or established casino, video slot, or anything else you can imagine.