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Skrill in Indian Casinos
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With online gambling being enjoyed by millions of Indians, hundreds of casinos cater to players from the country in the best way possible. And by that, we mean operators ensure to provide Indian players with excellent alternative solutions to standard banking methods, among which the most popular is Skrill. This is a global eWallet that has become quite the favorite among Indian players, thanks to all the perks it offers. With it, you can not only send and receive money in Indian rupees, but you can also make deposits and withdrawals in cryptocurrencies! It is the ideal alternative in the lack of local options, especially considering deposits and withdrawals with cards are known to fail for Indian players across international online casinos. With Skrill, you can rest assured you’ll be able to successfully fund your casino account and cash out winnings from it. What is Skrill and why decide to use it as your payment method at an Indian casino?
Online Gambling Regulation in India
You will find millions of Indian players across global online casinos today, but did you know that in theory, not all Indians are allowed to gamble online? In fact, most are not. You see, the country has a federal government but is also structured in 27 states, each that has its own government with the right to introduce its own laws. When it comes to online gambling, therefore, two different laws apply in each state: the federal and the state laws.
Now, the federal government still enforces the Public Gambling Act introduced ages ago, in 1867 when India was still under Britain. This law, of course, used to apply to land-based gambling at the time, forbidding all forms of it. Those caught visiting a public gaming house or operating one were prosecuted and eventually fined or jailed for doing so. Naturally, at the time, the internet did not exist, but considering the law forbade all forms of gambling, by default, online gambling is forbidden, too.
At least that’s how the federal government continues interpreting the law, to this day. However, when gambling went online, some states showed interest in it. In 2008, Sikkim was among the first Indian states to permit some forms of online gambling and introduced a formal regulation framework, with the Online Gaming Regulation Act. Among the first operators to obtain a license to operate in the state of Sikkim was PlayWin, but plenty of others followed. Other states legally allowed online gambling too, but in general, the federal ban prevails. The federal government goes above and beyond to prevent illegal gambling, by blocking IPs of sites trying to enter the market, for instance.
Another way the federal government impedes Indians from joining online casinos and actually spending money at these sites is by collaborating with banks, to block transactions made with popular cards like VISA and MasterCard across online gambling sites. So, Indian players who still wish, despite all the obstacles, to play across global casinos, choose to use alternative payment solutions. One of the most popular solutions used by Indians across international online casinos is certainly Skrill.
Although it probably needs no formal introduction, since it is one of the most well-known eWallets in the world, offered in more than 100 countries globally, you should know that for you as an Indian player, this is one of the most ideal payment methods to use for deposits and withdrawals across online casinos. One, it is perfectly safe and has a spotless reputation, two, it allows you to send and receive funds in both Indian rupees and cryptocurrencies, and three, it is incredibly easy to use and get started with. If it already spiked your interest, continue reading as we’ll share a lot more pieces of information regarding it with you, in the following segments.
Using Skrill Across Indian Online Casinos
Previously known as Moneybookers, Skrill was launched in 2001 by one of the most powerful financial companies in the world today, Paysafe Group. It is a sister product to Neteller and Paysafecard, two extremely popular payment solutions themselves, and it has been around for over two decades. During this time, it has managed to expand all over the world, across more than 100 countries, India included, and it has gained the trust of millions of users globally.
It is an eWallet that allows users to make seamless transactions without sharing any card or banking details with eCommerce sites, in our case, online casinos. That’s right, with it, you will never have to use your bank account or card explicitly to make an online gambling transaction, and that’s one of the main reasons why you, as an Indian player, should consider using it across online casinos.
Another important reason is that with it, you will get to make safe transactions, protected with two-factor authentication measures, in both your local currency and cryptocurrencies. That’s right, you can use the Indian rupee if you wish, or choose one of the more than 40 digital currencies at your disposal to make your deposits and withdrawals across Indian-facing casinos.
The solution is available across all devices, both via regular browsers and two dedicated apps, one for iOS and one for Android devices, so getting started with it would be a piece of cake. Regardless of the way you choose to go, you will first need to register your eWallet account. You will first need to enter your email address and be prompted to create a password. Next, you’ll need to enter India as your country of residence and your full name. Select whether you wish to use the rupee or a different currency/digital currency as your default currency, and accept the Terms & Conditions. After you press Register, you will immediately be redirected to a page where you’ll need to link the payment methods you want to use to fund your eWallet.
Discover, American Express, VISA, and MasterCard are just some of your options to fund your eWallet account, but check them all out, and you’ll see that you might even get some local options. No worries, since you are still covered when using this solution, as your transactions will never be recorded as transactions made to and from online gambling sites, but as transactions made with Skrill. Finally, to finish the registration, you’ll receive an email to verify your account and with that, you can start using the solution across the hundreds of Indian casinos that accept it. On that note, stay with us, as next, we’ll tell you all about the steps you need to take to use it at an Indian casino.
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Deposits and Withdrawals with Skrill
BetSomnia, Casoo Casino and BetSafe are the three top-rated online casinos listed here at WoO, out of more than 600 sites that not only cater to Indian players but also offer Skrill. Yes, you read right, there are more than 600 online casinos you can explore here on our site, reviewed for your convenience, in your pursuit of the site to join.
Make sure you go with the one that offers the games you’d like to play, and maybe the bonuses you’d like to claim. Then, create an account with it and you’ll be ready to make your first deposit with Skrill. Just follow this step-by-step procedure:
- Find the Banking page once you enter your registered casino player profile.
- Locate Skrill’s logo on the list of accepted Deposit methods.
- Press its logo and in the pop-up, use your eWallet credentials to enter the account.
- Just set the amount you wish to deposit.
- Confirm the transfer and in an instant, the funds will reach your casino balance.
Luckily for you, you won’t need to search for a different method to cash out your winnings from the casino, as in most cases, the casino that accepts Skrill for deposits also accepts it for withdrawals! Withdrawals are actually requested in the same way, so just make sure you set the amount you wish to withdraw this time, and your winnings will be on their way! The operator will, of course, first need to check whether your request is legit and whether you have enough to cash out, but assuming that's covered, in 24 to 48 hours, the funds will reach your eWallet account.
Conclusion
It is without a doubt that Skrill is one of the most convenient payment methods to use as an Indian player. It is an alternative solution, an eWallet, so transactions with it won’t be recorded on your transaction history as gambling-related, but as Skrill transactions, even though you’ll be using your regular cards to fund your eWallet account and withdraw money from it. What’s more, with it, you can use both rupees and cryptocurrencies, and that’s just one of the many perks you’ll be able to enjoy. Make sure you give it a try the first chance you get, as it is extremely easy to get started with and use.
FAQs
Is online gambling allowed in India?
In general, gambling is banned in India. The federal law says that all forms of gambling, online included, are forbidden. However, on a state level, some states like Sikkim, do offer some legal online gambling verticals. Nevertheless, you will still find millions of Indian players joining international online casinos that cater to players from the country.
Could I be prosecuted for gambling online as an Indian player?
While we could find records of Indians being punished and even jailed for gambling offline in the past, we could find no recent evidence of such cases of players gambling online. The federal government makes sure to limit illegal online gambling by blocking IPs of unlicensed sites, but players are not actively prosecuted for gambling online.
Is Skrill a popular payment method across casinos that cater to Indian players?
It indeed is! This is one of the most popular eWallets across online casinos that cater to Indian players. In fact, you will find it across more than 600 online casinos listed here at WoO. Make sure you explore several options in your search for the ideal casino to join, out of the hundreds of sites at your disposal, which both accept Indian players and offer Skrill.
Do fees apply when depositing with Skrill across Indian casinos?
A foreign currency exchange fee of 1.5% will apply for denominating your in rupees or cryptos. Buying and selling crypto is also subject to market-based fees, but transactions with the eWallet are fee-free. Fees do apply for adding and cashing out funds to and from the eWallet account, so make sure you go to its official website to find out the fee you’d need to pay depending on the methods you’d like to use.
Which are some of the cryptocurrencies I could use with Skrill at an Indian online casino site?
The solution keeps on adding new cryptos to the list constantly, but at the moment, we can mention Kyber, Bitcoin, Dash, Bitcoin Cash, Ethereum, EOS, Tezos, and Litecoin as some of the accepted digital currencies you could use when using Skrill across Indian casinos.
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