Why You Shouldn’t Play at Skrill Casinos
Founded in 2001, under the name Moneybookers, Skrill is one of the world’s leading e-wallets for real money casino.
The company has gone through many acquisitions in its two-decade history, as ownership has continuously changed hands. Since 2015, it belongs to the Paysafe Group, and it looks to begin a reign of dominance over its market.
However, Skrill just like many other international e-wallets is not a good option for Indian players.
On this page we will explain why we dont recommend Skrill for Indians and what you can choose instead.
Reviews of Skrill Online Casinos
Up to ₹90,000 bonus
Min. ₹500 deposit
- Sports betting & casino
- Fast payouts
- EN, HI, BN, KN & TE Customer Support
- Teen Patti & Andar Bahar games
Up to ₹20,000 bonus
Min. ₹250 deposit
- Leading Betting Site in India
- Cricket, football & more
- Live casino games & slot machines
- Bitcoin payments
Why You Shouldn’t Gamble with Skrill
Though Skrill may work for you, you’re bound to face difficulty and suffer through slow withdrawals and complex KYC procedures.
While you will see many sites similar to our touting Skrill as a quality payment option, remember that these do not target you. They target international players. As such, they have no idea of the problems you may face when using this method.
” 11.2. It is strictly forbidden to make payments to or to receive payments from persons or entities offering illegal gambling services, including (but not limited to) illegal sports betting, casino games and poker games. We may suspend or terminate your Skrill Account at any time or refuse to execute or reverse a transaction if we believe that you directly or indirectly use or have used your Skrill Account for or in connection with illegal gambling transactions. This list is not exhaustive and it is your responsibility to ensure that you do not use our services for transactions that may be considered illegal in your jurisdiction. “
IF you decide you choose Skrill and you win, you might not be able to get the money back into your account.
High currency conversion & fees
You should deposit, bet, and withdraw your funds in rupees. Always play in rupees, and nothing else. It reduces fees that unnecessarily lower your winnings.
If you deposit at Skrill casinos using Euros or USD, in time, you’ll have to convert these funds, and it may cost you up to 15% in fees.
Look to use options that favor Indian players instead.
Skrill deposits come with fees:
Bad procedures for depositing & withdrawing
You may find it shocking that some Skrill casinos with fast payouts may let you deposit via Skrill, but withdrawing via the method may not be an option.
Others may require you to use the method for both due to what’s called a closed-loop policy. That’s an anti-money laundering measure.
Online casinos which accept Skrill provides instant deposits. Withdrawals, however, are entirely dependent on your chosen site and your desired sum. High amounts and less professional casinos may lead to delays due to manual processing.
Skrill KYC procedures
The KYC procedures that Skrill sites will have you go through may not accept local IDs, such as an Aadhaar card. They may ask for other documents that you do not have on hand or are not so eager to share.
Reviews of Skrill Online Casinos
Locating a Skrill casino is not a complicated task, since they are dominating the field internationally. But not on the Indian sub-continent.
Skrill is the easiest and most conveniet payment methods in several countries, but not just in India.
If you want to play with Skrill anyway:
You might be reading this from abroad as a student or overseas worker in the UK for example. Then we highly recommend you to play at Indian casinos with Skrill. At these sites, you will find several variations of real money teen patti, andar bahar, roulette and 1000’s of sports events to bet on.
Skrill Limited owns and operates Skrill, a subsidiary of the Paysafe Group, which also controls Neteller and PaysafeCard. Based out of the UK, specifically London, Skrill is a payment option that’s widely used by Millennials, more than any other demographic.
With roots going back to 2001, Skrill understands that facilitating customers is everything when it comes to payment processing. Its popularity has been on an upwards trajectory, as in recent years, more Indians are using it. Subsequently, the number of Skrill betting bazaars has expanded.
Facts & positive aspects of Skrill include:
- Two decades worth of market presence.
- Annual revenues of close to $400 million.
- Reputable company with over 500 employees.
- Quality mobile apps for iOS and Android users.
- Crypto services included with the purchase of bitcoin & ethereum in their app.
- Available in 200 countries.
- It allows the use of over 40 currencies.
- Over 40 million users.
With over 40 million users worldwide, and two decades worth of experience, Skrill is an online payment option preferred by many – but not recommended for Indians. There are many other options available with fewer fees, less KYC and faster payments.
If you want to check out those options, go to Cashups guide how to play casino with UPi.