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Skrill Betting

Skrill is an e-wallet payment method that is known for delivering fast online payments. The formal name of Skrill is Moneybookers, and it is owned by Skrill Limited. The headquarters are in the UK, and it is regulated by the Financial Conduct Authority and licensed by the EEA.

Additionally, Skrill is part of the Paysafe Group, in which Neteller and Paysafecard are members. Due to its fast expansion, it is present in most of the betting markets worldwide, including India. Let’s see what are the specifics of Skrill and how you can use it in betting sites in India.

Skrill Betting Sites in India

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Payment methods
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1 – 2 days

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Payment methods
  • visa logo
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Paypout

1 – 2 days

License
  • Curacao license

100% up to

₹30,000

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Payment methods
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Paypout

1 – 2 days

License
  • Curacao license

100% up to

₹11000

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Payment methods
  • visa logo
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Paypout
License
  • Curacao license

600% up to

₹60,000

Highlights

  • Totally reliable
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Payment methods
  • mastercard logo
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Paypout

1 – 2 days

License
  • EU license

100% up to

₹4,000

Highlights

  • Trustworthy Website
  • 94,1% payout
  • Variety of sports
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  • App iOS and Android
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5.0 /5
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Payment methods
  • neteller logo
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  • visa logo

Paypout

1 – 2 days

License
  • EU license

200% up to

₹2,500

Highlights

  • Easy to use Website
  • 91,7% payout
  • Variety of bonuses
  • 24/7 support
  • App iOS and Android
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Payment methods
  • bitcoin logo
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Paypout
License
  • Curacao license

100% up to

₹8000

Highlights

  • Trustworthy Website
  • Good payout
  • Variety of bonuses
  • Live Chat
  • App iOS and Android
  • Easy to use Website
5.0 /5
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Payment methods
  • visa logo
  • mastercard logo
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Paypout

1 – 7 days

License
  • EU license

100% up to

₹10,000

Highlights

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Payment methods
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Paypout

1 – 3 days

License
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100% up to

₹8,000

Highlights

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  • App iOS and Android
  • Instant Deposit
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blas editor
Autor
enrico Editor
Checked by
  • Enrico
Veröffentlicht

11.12.2023

Aktualisiert

15.01.2024

Top Skrill Betting Sites in India

Skrill is among the most popular payment methods in India, and there are tons of well-reputable sites that have integrated this payment method. One of the reasons why it is so popular among Indian bettors is that it has some of the lowest fees among e-Wallets, and transactions are processed very quickly and safely.

Skrill can also process payments in Indian Rupees, so there are no conversion fees that punters need to worry about. The payment method is completely legal in India, and some of the most popular betting sites that have integrated it are presented in our list.

How to Use Skrill in India

Skrill is an e-Wallet that delivers secure online payments, and punters can enjoy all its benefits when they choose it as their preferred payment method among betting sites. Most of the transactions are being processed instantly, and you can withdraw funds with the same payment method.

Open Skrill Account

The first step you should make is to open an account at one of our recommended sports betting sites, and the basics of using Skrill are virtually the same, no matter which site you choose. First, you need to click “Join now” on the selected site, and you will be redirected to another page where you’ll need to leave some personal details to create the account, like name and phone number. When you finish with that, confirm it by clicking on “Create Account”.

Next, you will be redirected again, this time to the Skrill page, to create a Skrill account. Once again, you will be asked to provide personal information, such as name, address and email number. After you are done, click the “create account” button, and you will receive an email from Skrill to verify it.

Now you have a Skrill account, and you are ready to make deposits in your betting account, and you can use different banking methods to do this, such as credit/debit cards like Visa and MasterCard. The procedure is simple, go to the cashier, select Skrill and choose the amount you what to deposit.

What Else I Should know about Skrill Account Registration

Remember that after the procedure, you will be taken to the Skrill page, where you should log in and insert the card details. Choose “Gambling” as you might be blocked from making transactions at betting sites in India if you don’t do that.

You can also use different payment methods, such as bank transfers, UPI, and more. Most of the deposits you make to Skrill will be instantly processed. The only exception to his are bank transfers, and they can take up to 5 days.

Now, the next thing you should know is how to withdraw money from your betting account with Skrill. The process is very simple, and firstly, you need to log in to your betting account, click on the cashier button on the site and find Skrill among the withdrawal options.

Decide how much you want to withdraw, and once you do so, you will need to log in to your Skrill wallet. Confirm the withdrawal and then wait. The processing time may vary from one betting site to another in India, but most of the Skrill withdrawals take between 6-24 hours to be completed.

Pros and Cons of Bookmakers accepting Skrill

For all Indian bettors still thinking about whether Skrill is the right option for them, we have put together a list of pros and cons of the payment methods. Let’s check them out one by one.

Pros

Skrill is among the most used payment options in sports betting in India, and there are some great benefits that come from it:

  • You can claim various betting offers you can claim as a Skrill customer
  • As long as you have funds in your Skrill account, you can use the Prepaid MasterCard the same as a credit card
  • Speed – Skrill is among the fastest online payment methods in the sports betting world, and deposits are instant, while withdrawals are usually processed in no more than 24 hours
  • Security is another feature of Skrill, and it means that punters are not required to insert card details on the betting account, which adds another layer of protection. Skrill uses SSL encryption as well to guard against any type of fraud
  • Skrill accepts different currencies such as Indian Rupees, and when you might need a conversion, fees will be minimal
  • You can create an account for Skrill betting in just a couple of minutes

Cons

You should be aware that some of the transactions using Skrill will most likely involve fees. Those transactions are:

  • Funding your account
  • Transferring money to your bank account with Skrill
  • Sending money to another person with a Skrill wallet
  • If you have had no activity in your account for a year

As some of these fees can be quite inconvenient, the general advice that we can provide is that you check all the applicable fees before you decide to open a Skrill account, so you are not surprised with anything.

How to Open Skrill Account

As mentioned above, creating a Skrill account for online betting is a very straightforward process, and it usually takes no more than just a few minutes. To begin, you need to click on the sign-up button on the home page f Skrill and choose the option “open a personal account”.

Choose Country of Residence

Since you are based in India, choose it as your country of residence and select INR as the preferred currency. When you are done with that, you will be asked to provide personal details, and this is where you should pay close attention, as you need to make sure to insert all your details correctly – you cannot change it later.

Start Registering

When you finish with the personal information, click on the create account and the registration process is done. Have in mind that Skrill will ask you to send further documents that will serve as proof of identity and proof of address. This is one of the safety measures that Skrill takes to make sure no one else is using your name and details to set up an account.

After completing the registration process, the payment provider will send you an email at the address you have left on the registration form. The email will include a verification link, and you will be asked to click on it to complete the account verification.

Verify Yout Payment Details

One thing that is not mandatory but you are best advised to complete is to verify your physical address, which will enable you to increase the banking limits you have for deposits and withdrawals. You will receive a 6 digit code via postal mail, and once you do, log in to your Skrill account, click on the verify address section and then enter the code.

Now, you will be required to provide the SWIFT code of your bank to finish the process and to verify your bank account. You should know that all major banks in India have a SWIFT code, and they will provide this information to you without any problems.

Next, you will be needed to verify your credit card. The main advantage of using credit cards is that all funds are transferred instantly, and you can use this benefit when you verify your card with Skrill. You might have higher fees when you do so, but the speed of the transactions will be impressive.

To verify your credit card, select that option and provide the required details. Upon doing so, you will be charged a very small amount by Skrill, and you will need to retrieve this amount from your card statement and enter it in the field at the site. The same process applies to verifying your debit card.

Is it Safe to Bet Using Skrill?

Skrill is one of the most reputable companies in the world, and since the day it was founded, it has been registered with the Financial Conduct Authority of the UK, and its stock is traded on FTSE 250. Apart from being registered with the FCA, Skrill owns a European e-Money license, which makes it possible for them to operate anywhere in the world. In the US alone, they are licensed in all 50 states, so that is an impressive feat.

To answer the question shortly – yes, Skrill is very safe to use, as it is licensed and regulated by the most trusted authorities in the world, which makes it 100% legal in India as well. Skrill uses two-factor authentication to fend off third parties, and mobile users can simply add Google Authenticator as an additional layer of protection.

Skrill: Additional Information

Apart from that, Skrill uses 128-bit encryption, which is certified by VeriSign and is mainly used to detect and stop fraudulent activities. In addition to that, all payments made with Skrill are being closely analyzed.

Skrill is part of the Paysafe Group since 2015, and other notable payment providers in the group include Paysafecard and Neteller, also well-known names in the online payment industry. To top it off, Skrill has a very impressive Trustpilot rating, so all factors indicate that Skrill is the real deal when it comes to deposits and withdrawals in sports betting sites in India.

Another security measurement that you will find at sports betting sites in India when you choose Skrill as your preferred payment method is the proof of identity that you will be required to send to the gambling site.

This process is called Know Your Customer (KYC), and it is used by the most reputable brands in the Indian sports betting market. To maintain the license the operator has, they have to use frequent KYC checks to prevent underage gambling and any type of fraud.

To complete the KYC process, you might be required to send photocopies of your ID (driving license or passport, as well as a utility bill from the last three months). Once you are done with it, the site will check your information in the next 48 hours, and your account will be verified.

KYC checks can be quite inconvenient, but they are a good way to protect all players from any type of fraud. When you combine the KYC process all of the top-class sports betting sites in India have with the security measurements Skrill takes as a payment method, you can rest assured that all your transactions and financial details are safe and secure.

Skrill Fees: What Indian Bettors Need to Know

As mentioned above, Skrill is among the most convenient payment methods in the sports betting world, and there are many features that enable it, such as making payments with just your email ID and password.

You can also link your credit card with Skrill, and it will allow you to choose your payment options and make deposits into your account with ease. By using this, you can skip the long process most of the other payment methods have, like entering your card details every time you want to make a deposit to your betting account.

But, while SKrill is considered to be a very affordable e-Wallet for online sports betting, you need to know that it also comes with some fees attached. Most of the online sportsbooks in India do not have any fees attached for deposits and withdrawals players make, but you might see some charges which are inserted by Skrill itself.

What About Additional Expenses?

The setting up of a Skrill account is completely free, but if you wish to add money to the e-Wallet, you will encounter some additional expenses. These fees vary from country to country, as well as the currency you use for your Skrill account.

However, there are some general fees that apply for Indian bettors, and to top up your Skrill e-Wallet, you will get a 1% fee, which will be taken away from the total sum of your transfer. If you wish to withdraw your sports betting winnings with Skrill, you will be happy to know that there will be no cost whatsoever.

That is not the case if you are looking to transfer money from your Skrill account to your credit/debit card, and if you wish to perform this, you will be charged an additional 7.50% fee. Another fee that you should be aware of is the flat fee of 412.00 INR applied when you make a withdrawal from Skrill via bank transfers.

Once again, these charges vary from country to country, and some operators might even impose some other fees, so make sure to check our list of the best sports betting sites in India and register an account in one of them.

Currency Conversion

Another aspect that is chargeable with Skrill is the currency conversion, but you can easily avoid paying anything extra by setting up your Skrill account in the same currency – INR – as you have selected in your sports betting account. You are best advised to stick to the local Indian currency for this.

But, if you wish to choose other currencies, the good news about Skrill is that you will be allowed to choose from a wide range of currencies, such as USD, EUR, GBP, CAD, AUD, NOK, NZD, CHF, and SEK. Keep in mind that if the currencies in your bank account and Skrill account are not the same, you will be charged extra for it. The exchange rates of Skrill are 3.99% of the amount you have converted, so pay close attention to this little detail.

Fee for Being Inactive

Finally, if your account is inactive for more than a year, then you will be subject to a so-called “monthly inactivity fee”, which stands at 224 INR. All in all, deposits and withdrawals with Skrill are basically free, and apart from any fees from bookies themselves, you won’t see your Skrill account suffer much.

All fees which are done via Skrill depend on the type of transaction you are carrying out, but generally speaking, the fees associated with Skrill are lower than any other e-Wallets and payment methods. If you need any additional information, you are free to go to the Skrill website, which is fully transparent and unambiguous. When you do so, select India as your location and INR as the currency, and you will find all fees in INR.

Skrill: Payouts and Speed

One of the main benefits of using Skrill in sports betting operators in India is the speed of its transactions. It is among the fastest payment methods around, and with it, you can make instant deposits to your account, as well as pretty fast withdrawals.

It is a very convenient option for every player that is active in the online betting world in India. You can enhance your bankroll whenever you want to, without any delays, and the time you will wait for a withdrawal request to be completed is much smaller than other payment options. So, with its speed, your wallet will be always funded, and you will always have instant access to all your money.

Use Transaction History

Upon creating a Skrill account, you will also get to check your transaction history at any time. This is a pretty useful tool for having a record of all the money you have spent while betting on your favourite markets and seeing how much you have withdrawn in that period. Tracking your online spending is a very smart thing to do, so using this feature will help you plan your next bets accordingly.

So, it seems like a no-brainer, make sure to choose Skrill as your preferred payment method at some of the above-mentioned sports online betting sites in India, and you are good to go. Withdrawals usually take no more than 24 hours to be completed, which is impressive.

Depositing money to your Skrill account is also easy and fast, and you will get to enjoy the option to instantly upload funds. To upload funds to your account, just click on the “Upload funds” option on the site, and the procedure is very straightforward.

Apart from the payout speed, you can be sure that all your transactions are safe with Skrill, as the security measures the company takes are among the best in the entire sports betting industry. They use the highest and latest encryption technology, meaning that all safety solutions introduced by Skrill are the most advanced.

Ease the Payment Process

Another feature of the speed when using Skrill is the Skrill 1 Tap feature that simplifies all payment processes by the payment method. If you decide to activate this feature, you’ll be able to make deposits from your account with just one click. It can be used from a mobile phone, so it won’t matter where you are at the moment, you will be able to make instant deposits and withdrawals.

Activating this feature is very simple, all you need to do is choose Skrill 1 Tap as the deposit option in the cashier section of the bookie in India, and the depositing procedure is just like a normal deposit with Skrill at the beginning.

However, for your next deposits, you will be able to use Skrill 1 Tap instantly, choose the amount you wish to deposit, and the money will be transferred instantaneously. This will save you a lot of time by eliminating the process of entering the details of your Skrill account and going to the website every time you want to make a deposit. Skrill 1 Tap is the best option if you wish all your payments to be efficient and fast, so do not hesitate to use it.

All in all, we can say that Skrill satisfies one of the major wishes of every sports betting fan in India – instant access to the money on their accounts. You won’t be needed to wait more than 24 hours to withdraw your money, and it is more than a welcome feature to use when placing bets online.

Bottom Line: Skrill Online Betting Sites

So, all the ingredients for Skrill being one of the most trusted payment methods worldwide are there:

  • Speed of transactions – you will enjoy the fastest online payments in India. Deposits are instant, and you will wait no more than 24 hours to get access to your winnings and make withdrawals
  • Security – you won’t be required to enter bank details, and the SSL encryption adds another layer of security for your transactions
  • Currencies used – Skrill accepts many of the world’s currencies, including Indian Rupees. Since you are based in India, it is best advised to stick with INR for all your deposits and withdrawals
  • Availability – you can download and create an account in Skrill in just a few minutes, as the process is very simple.

Have in mind that on some bookies in India, the welcome bonus might be eligible for other payment methods rather than Skrill, so make sure to check that information before you register to a site. Another thing you should be aware of is the small fees associated when processing payments with Skrill. Those fees are minimal, so you won’t probably even notice that they are there.

FAQ

Skrill is one of the most trusted online payment providers in the world, and it has been registered with the FCA in the UK. Apart from that, the company owns an e-Money license, meaning that it can operate in all markets in the world, including India. So yes, Skrill is completely legal to be used in sports betting in India.

No, making a deposit with Skrill on any sports betting site is completely free. There might be some betting sites that will ask for a fee to process a Skrill deposit, but those sites are not recommended, and they are not on our list. You will find tons of reputable sports betting sites in India that do not charge any fees for using Skrill as a payment method. You will only be asked for a small deposit fee when you transfer money directly to your Skrill account, but this is a fee paid directly to Skrill, not to the sports betting operator.

Mobile betting is slowly taking over the whole industry, as people tend to spend more time on their mobile phones rather than on their laptops. So, big companies like Skrill make sure to have a fully functional app for their users. The Skrill app is great, and it is available for both iOS and Android users. The app can be used to manage the account, but keep in mind that all deposits and withdrawals to your Indian sportsbook have to be done from the cashier section on their site, not from the Skrill app.

There are some different fees associated with different kinds of withdrawals when using Skrill. The payment provider will charge you 413 INR for every withdrawal you make through a bank transfer, while withdrawals to credit cards will see you charged an additional 7.50% of the transaction.

As is the case with all of the reputable payment methods around, you will be required to do a verification process with Skrill. You will be needed to upload a valid form of ID, which can be a driving license, passport, or ID card, and the Skrill team will review it and verify it before you can make any payments.

Skrill is known to be one of the fastest payment methods around when it comes to withdrawals, and punters will wait no more than 24 hours for their withdrawal request to be completed.

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