Electronic wallets have become more popular than ever, particularly among sports-betting fans. That’s why there has been an increase in the number of Skrill betting sites in Arkansas with many bettors joining them. Such platforms allow users to make their gambling payments through one of the top e-wallets. With Skrill, bettors are guaranteed utmost security, instantaneous deposits, and smooth withdrawals.

If you’ve been looking to gamble online using Skrill, but don’t know how this digital wallet works, don’t go further. This expository article will go deep into the details of this payment service and provide all the ins and outs of using it. In addition, it will mention some advantages and disadvantages of Skrill on betting sites in Arkansas.

What is Skrill?

Skrill is a digital or electronic wallet that works just like Neteller or PayPal. It allows customers to store cash virtually, which they can use to buy services and goods online. The payment system is available in more than 200 nations worldwide, and the US is no exception.

Founded back in 2001 as “Moneybookers”, Skrill has been operating for over two decades now. Immediately after its launch, the company gained huge popularity and grew its customer base exponentially. In 2011, the payment service changed its original name to its current name. Two years later, Skrill was acquired by the PaySafe Group, a company that still owns the payment service to date. Apart from being a popular payment method for online merchants, Skrill has also been embraced by AR online gambling sites. Today, many sports betting websites in Arkansas and across the US offer the digital wallet as a payment option.

To use Skrill on a gambling site, you’ll need to open an account and load cash into it. Thereafter, you can use your e-wallet to facilitate the transfer of funds to and from your sports betting account. In addition, the payment service also provides an app that enables bettors to complete their online transactions on the move. The app incorporates all the features available on the main website, hence your experience won’t be compromised.

About the Skrill MasterCard

One of the main benefits that come with using Skrill is that the payment service offers a MasterCard prepaid debit card. This card option gives you easy and instant access to the balance in your Skrill wallet, from anywhere in the world. Other than that, the Skrill MasterCard allows you to use your digital wallet without needing to log into it through the internet.

Usually, the card is accepted all over the world, especially at ATMs and retail stores that accept MasterCard. This makes it easy for you to withdraw and use your Skrill funds. However, it charges an annual fee, alongside other charges when you transact with it.

How can I deposit using Skrill on AR betting sites?

Depositing on AR sportsbooks with Skrill is very easy. Here is a step-by-step guide.

1. Open a Skrill account

Before you can use Skrill for online gambling, you’ll first need to create an account. Simply go to the Skrill website (www.skrill.com), click the register button, and enter your personal details. Thereafter, choose your preferred currency, agree to the terms and conditions, and your account will be opened.

2. Add funds to your Skrill account

After the successful creation of your Skrill account, you’ll need to fund it. Link another payment method such as a credit card, and proceed to transfer funds into your Skrill wallet. Once this is done, you are ready to make a deposit on a sportsbook of your choice.

3. Choose an Arkansas betting site that accepts Skrill

Pick a sportsbook in Arkansas that accepts Skrill payments and sign up on its website. You will need to provide your details and verify your identity. Eventually, your sportsbook account will be ready to use.

4. Go to the cashier section and select Skrill

Log into the betting website and locate the cashier section. Then, click on the “Deposits” button, and you’ll be able to view a list of available banking solutions. From this list, select Skrill as the option you would like to make a deposit with.

5. Enter how much you wish to deposit

Fill in the exact amount of money you want to deposit into your Arkansas betting account. Then, click the “next” button, and you will be redirected to another screen.

6. Confirm the transaction

Look through the summary of the transaction to ensure that every bit of information is correct. Once you are satisfied, confirm the transaction. Consequently, this will start the transfer of funds to your betting account from your Skrill wallet.

Withdrawing to Skrill from a sportsbook in Arkansas

Making withdrawals from an Arkansas betting account with Skrill involves the following steps.

1. Go to the banking section of your AR sportsbook.

Sign in to your betting account and head over to the banking section.

2. Pick Skrill as your withdrawal method.

Check the payment methods available on the platform. Once you find Skrill, pick it as your payment choice.

3. Enter the amount you want to withdraw.

Specify the amount you want to withdraw by entering a whole number in the space provided. Then, click “next”.

4. Input your Skrill account details.

Enter the details of your Skrill wallet including the email address you used to open it. Then, confirm the transaction.

5. From Skrill, withdraw to your bank or use the Skrill MasterCard in an ATM

After transaction processing is complete, the funds will reach your Skrill wallet. From there, you can transfer the money to your bank or use your MasterCard to receive hard cash from an ATM.

Pros of using Skrill on AR sportsbooks

Most bettors in Arkansas admit that online betting is easy when using Skrill. Here are some of the advantages of using this payment method at sportsbooks and sports betting apps in AR.

  • Your banking information is kept private – With Skrill, you never have to share banking information with your sportsbook. Therefore, you can gamble online anonymously and with utmost privacy, which tends to increase your security. Apart from that, the payment service comes with high-end encryption systems. This important security feature is meant to ensure that your private data is protected and doesn’t end up in the wrong hands.
  • Immediate deposits – Another advantage of Skrill is the speed with which it processes deposit transactions. When you fund your betting account through this payment method, you can expect the funds to be immediately available for use. There are no delays at all, which means you can launch your online betting journey without having to wait for long.

Cons of using Skrill on AR betting apps

Every payment method has its good and bad sides. While Skrill will definitely serve you when depositing and withdrawing at an Arkansas betting site, it still has its drawbacks.

  • Not widely accepted in AR – Unlike other e-wallet options such as PayPal, Skrill is not widely accepted in Arkansas. As a result, not many operators offer it as a payment choice, which means accessing the payment service may be a bit difficult.
  • High fees compared to other methods – Unfortunately, you will incur some fees when you use Skrill at a betting site. These fees will depend on the amount transacted and are expressed as a percentage. For instance, you’ll be charged 7.5% when transferring funds to a Visa card, and 1.45% when transferring to another wallet. Also, Skrill charges up to 3.99% for currency conversions.

FAQ

Which betting sites in AR accept Skrill?

There are several betting sites in Arkansas that will allow you to gamble with Skrill. These are mostly licensed and regulated operators the likes of Caesars, FanDuel BetRivers, BetMGM, and PointsBet. These sportsbooks will offer everything you need when it comes to depositing and withdrawing through Skrill. However, ensure you stay away from offshore betting sites as they are not safe.

Is it safe to bet on Arkansas betting sites with Skrill?

Yes. It is safe to bet on Arkansas gambling sites with Skrill. The payment service is licensed to facilitate gambling deposits and withdrawals, which means it is a trustworthy option. Other than that, it uses robust SSL encryption, which works by protecting your sensitive data from hackers. What's more, Skrill never requires you to share banking details with a sportsbook, hence allowing you to gamble online privately.

What is the Skrill VIP program?

The Skrill VIP program is a great way for Skrill customers to benefit from exclusive perks. These benefits include 24/7 VIP customer support, lower fees, and bonuses and promotions. The VIP program comprises four levels (silver, bronze, gold, and diamond). To enroll and advance to a higher level, you will have to use the payment service frequently and meet the minimum number of transactions in a quarterly calendar period.