The Best Neteller Betting Sites
Curtailing the role of traditional banks, e-money services have found their niche in helping to transfer funds from one place to another. One such e-wallet is Neteller, which has grown from its inception in 1999 to be one of the biggest payment merchant services available today. It may be a crowded market out there, but they more than stand out as one of the very best. Our complete guide to Neteller betting will tell you everything that you need to know about this payment service. Read on now to get a complete and thorough overview!
The Six Top Betting Sites That Accept Neteller
When using Neteller for betting you have to know the best betting sites to work with. When we came up with the ones that we believed were right for you we judged them on a whole host of different criteria. We looked at the minimum and maximum deposit limits, how much the bonus is, whether or not you can use it on mobile, and the odds levels you can expect. It was a long and arduous process, but we have whittled it down to six of the very best bookmakers around. Take a look for yourself at the table of the best Neteller betting sites we have created below.
|Bookmaker||Welcome Bonus||Min. Deposit||Max. Deposit||Odds Levels||Visit Bookmaker|
|netbet||£30 Free BetsWelcome Offer||£10||No Limit||up to 95%||Bet Now!|
|ladbrokes||£20 BonusFree Bet||£5||£99,999||Up to 98%||Bet Now!|
|grosvenor||£30 Bonus3 x £10 Free Bet Tokens||£10||Adjustable||up to 94%||Bet Now!|
|betway||£30 Bonus100% Match||£10||No limit||up to 98%||Bet Now!|
How Do I Use Neteller for Online Gambling?
Now you have a little bit of an idea of what Neteller is, you are probably wondering how it can be used for online gambling sites. Well doing so is actually really easy. The first thing you need to do is link your bank account or card with your account. You can also deposit into Neteller with other alternative payment methods, which can be found on their website.The next step is to top up your account with the amount of funds you want to bet. Once your account is all topped up, then you can use it to deposit into your betting account. We will walk you through the depositing process in the next section of our page.
- Step 1Link your Neteller account with your card or bank account
- Step 2Top up your account with the money you want to gamble
- Step 3Use that money to make a deposit in your betting account
How Do I Deposit with Neteller
When you deposit with Neteller the process resembles most of the other payment methods, with a few little differences. The first thing to do is log into your preferred betting account and add it as a payment method. Once it is seen as your favourite betting method, you can start the depositing process, adding as much money as you choose.To complete the process, there are certain protocols needed to make sure it is done securely. You need to type in your Neteller Account ID and the authentication code. From there, the bet will be instantly authorised.
- Add It as a Payment TypeFind Neteller available as a deposit method on your betting account.[1/3]
- Type in Your Personal DetailsType in your Neteller Account ID and Authentication Code.[2/3]
- Deposit Into Your AccountUse Neteller to bet into your betting account.[3/3]
How Do I Withdraw with Neteller?
The process of withdrawing with Neteller resembles that of depositing with the payment method, but just the other way around. If you have the minimum threshold for withdrawals, which is around £10 for most bookmakers, you can take the money out into your Neteller account. Simply find the withdrawal option available on your bookmaker, type in the amount of money that you wish to withdraw, and then type in your account ID and special authentication code to process the transaction. The money should appear in your account within 24 hours, although we have heard that the money can be in your account in as quick as two hours.
Are There Any Fees for Using Neteller for Betting?
When you take part in Neteller betting at the operators we have picked for you, you will be glad to know that there are no fees for depositing or withdrawing. This means more money in the bank for you. However, when you top up Neteller itself there are certain fees incurred for using the service. If you use a card such as Visa or MasterCard, the fees for withdrawing can go up 5% – which we believe is quite a lot! Additionally, withdrawals to the bank cost 7.50 EUR equivalent. We would recommend getting a Net+ Prepaid Mastercard, as these transactions are free. The full list of fees can be viewed on the official Neteller fees page.
Advantages of Gambling with Neteller
Gambling with Neteller includes a host of benefits which we will describe in detail throughout the following sections. It is important to understand the security benefits, personal data for your bank will not be shared with any recipient of a payment with your Neteller account. This method of payment serves as a fantastic intermediary between yourself and the bookmaker, giving you piece of mind that your accounts are secure. Have a look below for more Neteller payment advantages.
Widely Accepted Across Bookmakers
One of the best things a payment method can do is make themselves available across a whole host of different bookmakers. In this respect, Neteller works perfectly for betting across many platforms, being accepted by practically every bookmaker that is worth its salt. This is perfect for people who consider themselves professional gamblers and use multiple accounts in order to move around and find the best odds for their money.
Fast and Easy to Use
When you like to bet across lots of bookmakers, its important to make sure it is done as swiftly as possible. Thankfully with Neteller, using the service is much quicker than using traditional methods such as bank transfers or credit and debit cards. It usually takes up to 48 hours for the money to get into your account, but with some bookmakers it can be between one to four hours.
No one likes to be conned, to have their account hacked, and their money stolen. Thankfully, when you use Neteller for betting, you can rest assured that everything is done with all of your safety guaranteed. As the money in stored in Neteller that means that you never have to type in any of your bank or card details on the betting site, which helps you feel safe when making a deposit.
- Fast and easy to use
- Extremely secure
- Widely accepted
- Charges few fees for transactions
- Not available for most bonuses
- Not backed by a bank
- Fees for Neteller transactions
- Card charges each month
Disadvantages of Gambling with Neteller
Not Available For All Bonuses
One of the main reasons people sign up for betting sites is to take advantage of their amazing bonuses – giving them the ultimate opportunity to make large amounts of money. Annoyingly enough, a lot of bookmakers have issues with Neteller which means that they don’t accept it as a payment method to claim the bonus. We would recommend using another payment method if you are looking to get in on the bonus offer.
Takes a While to Set Up
In order to first start using Neteller for betting, you have to create an account, and this can take a little while to set up – especially if you are asked to authenticate your details. This can feel like a waste of time when you can just start betting straight away by using a debit card deposit. Nevertheless, we would tell you to hang in there because once you have Neteller it is very quick.
How to Create a Neteller Account
Before Neteller can be used for betting, an account must be made. We will explain how to do that here. Visit the main Neteller site, and click the big button on the top-right hand side which says “Join for free”. From there you will have to type in your email address, chosen password, your preferred currency (which cannot be changed) and your personal information. Then once the account is created, you can link your bank account or card, or use a bunch of different alternative methods to deposit. If anything we have just said isn’t clear, take a look at the image we have created for you below.
- Step 1Simply click the “Join for Free” button directly on Neteller’s homepage
- Step 2Type in your personal details, including your address and preferred currency
- Step 3Link your bank account or card in order to complete the sign-up process
Legality and Safety
When you do anything on the internet, whether its buying something or sending a friend money, its important that all of your transactions are completely safe and sound. That is why we are happy to say that betting with Neteller is completely safe, and fully regulated. Like all payment methods, they are under the jurisdiction of the highly respected Financial Conduct Authority in order to make sure that everything they do is within the limits of the law. Your money is fine as Neteller hold more than 100% of your balance in trust accounts, making sure it is well looked after. They also provide a 2-step authentication process which makes it practically impossible for a hacker to get into your account. This means that when you use it for betting, you can rest assured that your money going randomly missing will never be an issue.
The History of Neteller and Info About the Company
Now that you have learned all about how to use Neteller for betting, perhaps it is time for you to get a bit of background on the company. It was started in 1999 in Canada before moving to the Isle of Man in 2004. Almost immediately it was in on the online betting market, processing payments in 2000 and serving 80% of all bookmakers. This compromised most of the firm’s revenue until their forced exit from the American market as a result of gambling regulations. This means their revenues significantly fell from a high of $239 million in 2006 to $61 million in 2010. They have since risen to nearly $100 million today. You can have an account in 26 different currencies and can load money into it from another forty different methods. If you make a high amount of money using the service, you can have the chance of a premium membership called Neteller VIP with added bonuses.
|Company Name:||Neteller LTD|
|Headquarters:||Douglas, Isle Of Man|
|Parent Company:||Paysafe Group PLC|
|Regulator:||Financial Conduct Authority|
Alternative Payment Methods
We think that Neteller is a pretty good payment service, but there are a few caveats with its platform; namely, the large fees that are incurred when using their service to deposit back into your bank account. Therefore, if you believe that this isn’t the payment method for you, then you can use alternatives such as Apple Pay, Bitcoin, and Skrill. Additionally, if you are old-school there is nothing wrong with using a good old-fashioned bank transfer or a credit card payment. The important part is finding something that works well for you. Take a look below for two great methods we have picked.
Start Betting with Neteller Now
The aim of this site was to help provide you with all the information you could possibly need to get ahead when using Neteller to bet online. So, if you think this operator is right up your alley – why don’t you start betting with Neteller right now? Signing up and getting an account couldn’t be easier. The no.1 bookmaker we think that is perfect for this payment method can be viewed below.
Why Ladbrokes Is Great for Neteller Bettors Brilliant odds Very easy to use Sleek betting platform Hundreds of different markets Read our Ladbrokes review
There are a few things here that we think we can be improved – such as most bookies’ aversion to allowing it for the bonus and the charges incurred for depositing and withdrawing to the platform – but we believe that the positives, such as the ease and convenience of use, and the many different deposit methods it supports, can be adequately weighted against its problems. If you like this payment method, there is no time like the present to start betting right away! To learn more about betting, head on over to our home page right now!