Skrill betting sites & bookmakers that accept Skrill deposits

When it comes to online payments, e-wallets have been the hottest trend in the past decade, and Skrill is a name that most people have heard of. But what exactly is Skrill, and why is it gaining popularity in Australia?

We’ll explain in detail why more and more Aussies are opting for Skrill, and how it compares to popular options such as PayPal, POLi and BPAY. Find out what makes Skrill a convenient payment option at online betting sites in Australia, and check out our list of the best Skrill betting sites in Australia.

Skrill is a UK-based online payment system that was founded back in 2001 and operates in more than 120 countries and in 40 different currencies. The brand was formerly known as Moneybookers before being renamed Skrill in 2010. The company was acquired by the Paysafe group in 2015, alongside its competitor Neteller and prepaid payment card provider Paysafecard.

Skrill’s activities outside the European Economic Area are operated by Skrill Limited and are regulated by the UK's Financial Conduct Authority, which means that all transactions are 100% safe and secure.

Simply put, Skrill is a virtual wallet that allows you to make secure online payments almost anywhere in the world within seconds, and with little to no fees. It allows you to connect your bank account and enjoy faster and safer bank transfers. Moreover, you can connect your debit/credit card or other alternative payment methods to your Skrill account and use the money to pay merchants, transfer to other Skrill users, or even convert it into cryptocurrencies.

This, alongside its other features, makes it an adequate payment method for Aussie punters looking to deposit and withdraw money at Skrill betting sites quickly and easily.

How to deposit via Skrill

One of the reasons why some Aussie punters prefer Skrill over other popular payment methods such as POLi or BPAY is that you can use Skrill for both deposits and withdrawals - and it’s all so easy and straightforward. Now, to deposit using Skrill, you must first set up your Skrill account and connect your bank account or debit/credit card. The list of accepted cards includes MasterCard, Visa, AMEX, Diners Club, and JCB Credit.

Alternatively, you can connect your Skrill account to another e-wallet, such as Neteller or POLi. The process shouldn’t take you more than a few minutes, and once your Skrill account is set, you’re ready to deposit money at a Skrill betting site and place bets.

Now, to deposit money to your chosen betting site, you should:

1. Register as a new user or log in to an existing account
2. Verify your account
3. Click on the Deposit button (or head over to the Cashier or Payments section)
4. Select Skrill as your preferred payment method
5. You’ll be able to use AUD as your preferred currency. Also, keep in mind that there’s probably a minimum deposit limit if you’re planning to redeem a bonus offer.
6. You’ll be redirected to the Skrill website (or the Skrill App if you’re using a mobile device). You’ll now have to log in with your Skrill account and confirm the transaction.
7. Your money will be available in a few minutes - and you can make your first bet.

In most cases, there won’t be any differences in the depositing steps in different Skrill betting sites. However, the fees imposed by the site operators may vary, and some sites won’t allow you to claim a bonus if you’ve made a deposit Skrill. Before you opt-in for a bonus promotion, make sure to read the terms and conditions thoroughly.

How long do Skrill payments take

One of the most Skrill features is its instant deposits. The transactions are processed almost instantly, and you won’t wait longer than a few minutes for the money to arrive in your account after you confirm the transaction.

Even if you’re not tech-savvy, it shouldn’t take you more than 10-15 minutes to set up your Skrill account, register at a Skrill betting site, make a deposit, and place your first bet.

Deposit limits

Oftentimes, it’s the betting sites that put deposit limits rather than the payment method itself. So, the minimum deposit you can make at most Australian crypto bookies ranges from AU$5 to AU$20. In most cases, Skrill is on par with the other e-wallets available at a given site - at least when it comes to the minimum deposit. However, make sure to check out what’s the minimum deposit required to claim a bonus. You don’t want to miss out on a bonus offer just because you deposited a fiver less than the minimum deposit that was required to claim the bonus.

When it comes to the maximum deposit, again, it depends on the bookie operator. Although Skrill has its own daily and monthly limitations in place, they’re usually too high, so chances are you’re unlikely to go over the maximum deposit limit. Some Skrill betting sites limit the maximum deposit you can make per day to AU$5,000, but this is not the case with every site, so you should read the terms and conditions if you’re planning to deposit a hefty amount.

Payment fees

Despite its many advantages, Skrill comes with one disadvantage - payment fees. Depending on the amount you want to deposit, this might come as a minor or a major disadvantage, so make sure to read all about the depositing fees before you register with a site.

Now, let’s set something clear: most (if not all) Skrill betting sites do not charge any fees - both for deposits and withdrawals. However, Skrill does charge fees, and on several occasions.

So, if you deposit using local POLi, you’ll pay a deposit fee of 2.5% of the total amount. The fee is the same when using international payment methods such as Visa, MasterCard, Diners Club, or JCB. However, if you want to deposit funds to your Skrill account using Paysafecard, you’ll have to pay a fee of 5% of the total amount.

The withdrawal fees range from 2% when withdrawing to a crypto wallet, to 3.49% when withdrawing to a Neteller e-wallet. However, if you want to withdraw via bank transfer, there’s a fixed fee of AU$8.19. The same fee applies if you decide to use Swift pay. Now, even though the fees imposed by Skrill are high, you can turn it into a cost-efficient payment method if you reduce the frequency of withdrawals - especially if you withdraw to a crypto wallet or a bank transfer. Just keep in mind that the bank transfer transaction time takes from 2 to 5 days, so if you want your money quickly, be ready to pay a substantial fee.