Online betting, whether you are playing in Europe or in a US state in which online gambling is legal such as New Jersey, Delaware and Nevada, will always require a safe way to process payments between you and the site you’re playing on. Skrill, one of the best established e-wallets, is accepted at many online casinos and NJ sportsbooks.
United States Skrill Online Casinos
In this day and age, there have been numerous eWallet and money transfer platforms that have partnered with the online betting industry. Though some sites have been around longer than others, all need to be properly reviewed, especially when dealing with any amount of money.One of the most prestigious digital payment platforms on the market is Skrill. Although the site has not always been branded as Skrill, the evolving equity company has continuously built on an international network of banks, business partners, and investors. Skrill is trusted by millions for both safe and successful financial transactions in over 200 countries worldwide. When reviewing platforms such as Skrill, we want to provide the internet audience with helpful information to ensure safe betting and gaming. Let's take a look at our Skrill betting sites overview.
Skrill Betting Sites: MoneyBookers
In the start of a new technology era, the early 2000’s gave birth to online payment systems. Companies such as MoneyBookers came up with new and innovative ways to maintain, transfer, and make payments by using digital currency. As a result, MoneyBookers began establishing a business network to climb with a positive reputation.
The company was founded in 2001, and was officially seen as Europe’s first to issue FCA regulated e-currency. Though MoneyBookers was established in London, it soon made connections throughout the globe while remaining the UK’s top e-currency site. During 2002 through 2007, MoneyBookers continued making business connections and developed more and more reliability with the person to person money transactions.
In 2007, the company was bought out by InvestCorp, a large venture capital corporation aiming to optimize the existing platform created by MoneyBookers. However, while the company continued doing business as usual, InvestCorp had plans of a rebranding. Before such a rebranding could successfully work with such major networking already in place, careful changes had to be slowly implemented as well as new ideas for the future of MoneyBookers.
Now being in business for over nine years, the company reached out, partnering with both eBay and MasterCard in 2010. Through new significant business partners, MoneyBookers were able to create and issue a prepaid MasterCard to the public. In light of a successful operation with the prepaid MasterCard, InvestCorp rebranded the company smoothly what is currently known as Skrill.
Along with a new name, Skrill also brought fresh and creative features such as Skrill 1-Tap, a single tap mobile payment system that’s both safe and lightning fast. Over the next few years, Skrill also adopted a number of new technologies to help advance the future of online payments and currency transfers.
Skrill as a Payment Processing Platform in Betting and Gaming
With the Internet boom bringing ideal ways to transfer money, the gambling industry was significantly impacted. Safely betting online was a challenge in the early start of the online betting age. The easiest way to do so before eWallets or financial service platforms was through credit card companies. However, fees and international charges became the reason to innovate better ways to make online payments as well as receive money over the web.
Betting sites and bettors around the globe were skeptical of new platforms, only allowing reputable companies to process their payments. Due to Skrill originating in the United Kingdom as MoneyBookers, it wanted to start with online gambling sites that shared roots in the UK. Companies like Ladbrokes, bet365, and William Hill all partnered with Skrill and remain fruitful and mutual business partners to this day. The trifecta of European betting websites all offer Skrill as one the superior methods of payment, just like PayPal.
International Skrill Betting Sites
In addition to the variety of online betting sites throughout Europe, Skrill also processes payments to and from daily fantasy sports sites located within the US. Due to United States legislature on both the state and federal levels outlining the ban of illegal gambling, most states only offer skill based betting as a legal form of gambling.
Fantasy sports betting is constituted as a game of skill because of constant statistics, strategies, injuries, and game schemes that impact the game’s outcome. Games such as poker or blackjack due include strategy. However, chance still rules the majority of the game. Although a handful of states within the US are reinvestigating the legality of daily fantasy sports, it remains the top legal way to bet in the United States outside of Nevada and New Jersey. Skrill does offer payment processing for online casinos for Nevada and New Jersey residents looking for casino style slots and table games.
Skrill Betting Sites: Safer Online Banking System
On top of managing your payment and money transfer with ease, Skrill also adds layers to your financial security when on the web. While a bank card will deal directly with betting sites or stores, Skrill further encrypts your information so that retailers and sites have zero access to any of it. Skrill prides itself on using Payment Card Industry Data Security Standards (PCI-DSS).
Through another layer of encryption, your data, banking, and personal information can never be read or retrieved. It was through high-security standards at Skrill’s original company, MoneyBookers, that allowed this platform to be authorized by the United Kingdom’s Financial Conduct Authority (FCA).
Skrill has always dealt with phishing and scammers trying to steal financial information. As a result, they make it clear to their customers that they will NEVER ask for account information such as credit cards numbers or passwords. The site even offers helpful tips to avoid scams and allows users to report specific emails or contact with phishing or suspicious behavior.
Skrill Betting Sites: Frequently Asked Skrill Questions
How Do I Withdraw my Skrill Balance?
Skrill allows its users to access their accounts virtually anywhere. Transfer money to your bank account or feel free to pull money out of ATM’s by signing up for a prepaid card for your wallet. You are also able to receive an eCheck or physical check by mail.
Am I Safe Using a Skrill Account for Online Betting Sites?
Skrill uses the same security standards as credit card companies when handling your private information. If the site you are betting on offers Skrill as a transactional method, you will be adding an additional layer of protection by using it.
My Betting Site Doesn’t Show Skrill as a Withdrawal Option?
If the site you are playing on is located overseas, there is a chance they do not accept Skrill. However, for sites that do not accept Skrill directly, but do allow MasterCard, you can sign up for the Skrill Prepaid MasterCard. The prepaid MasterCard can be used for sites such as DraftKings or FanDuel.
Can I Use Another Person’s Account to make a Betting Site Deposit?
Only the person with the name on the Skrill account is legally able to deposit or withdrawal from a Skrill balance. Families should each create a personal account to avoid problems with online betting sites.
Does Skrill Charge Me Anything to Deposit/Withdraw?
Although Skrill does have minor fees, there is some clarification needed on what is a fee and what is not. When you make a purchase through a Skrill-accepted site, all payments are free without fees. It is also free when you receive a payment from someone else through Skrill. However, there is a small 1 percent fee when sending money via email or another Skrill account. Although, the fee caps at or equivalates to 10 euros.
Do I Need a Skrill Account to Receive Money?
Yes, Skrill requires a free sign-up. The account can be created in under five minutes with ease. Skrill can walk you through a sign-up as well to get your money as fast as possible.
Where Can I Use Skrill?
Skrill is offered in over 200 countries around the globe. Skrill’s successful relationship with MasterCard allows Skrill customers to use their prepaid Skrill MasterCard anywhere in the world.
Daily Fantasy Sports and Skrill
Although your direct Skrill account may not be supported by sites like DraftKings or FanDuel, you may use these sites with your Skrill Prepaid MasterCard for deposits and withdraws.
Skrill Betting Sites Conclusion
Skrill allows people to process their payments in a safe and efficient way to ensure that whatever online casino you're playing on, your gameplay is protected.
NON US Skrill Betting Sites
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