Editor - Esports Journalist
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Whether you’re a beginner or more of a guru, an online bookmaker is your first starting point on your sports betting journey. Now, if managing your funds gives you a headache, Neteller betting is the simple antidote you need.
Neteller is a worldwide digital wallet that has been servicing gambling platforms since 2000. The payment gateway offers impeccable transaction speed and water-tight security. In this guide, I’ll walk you through the setup process and how to find the best betting sites. I’ll also compare Neteller to PayPal, Trustly, and other payment options.
Neteller complements online and mobile sports betting by offering massive convenience for punters. You can transfer money from your bank account or credit card to your Neteller wallet. And when you make deposits, you won’t need to disclose your personal information to the betting site.
You can access Neteller transactions from your desktop as well as from a mobile app. There are plenty of online outlets that accept payments from this eWallet, so you can withdraw your winnings to your Neteller wallet and start shopping. And most importantly, there are tons of great Neteller betting sites you can choose from.
Even if you choose one of the best Neteller betting sites, you will run into a few snags. For instance, some operators exclude Neteller deposits from certain bonuses. This means you may miss out on the most exciting betting opportunities.
Typically, betting sites do not impose fees on deposits and withdrawals. However, you’ll pay fees for currency conversions and transfer of funds between your bank account and your Neteller wallet.
With so many Neteller bookies available, you may be tempted to taste the waters with whatever comes up first on your search engine. However, I’ve put dozens of betting sites through a rigorous test to help you find the ideal sportsbook. I measure the suitability of the bookmaker by looking at the following aspects.
Neteller betting platforms should be easy to navigate so that new players can get started immediately with their favorite betting market. The cashier section needs to be strategically located so that players can quickly deposit from their Neteller wallet. The account balance and other things like wagering progress on bonus offers should be accessible.
Bettors appreciate a generous bonus, and bookies are always on the lookout for free bets, rakebacks, and reloads. However, Neteller deposits may be ineligible for some of these promotions. So, my first port of call when reviewing bookmaker offers is to check if Neteller is supported in the promo. I also evaluate the full T&Cs to determine if the bonus actually offers value.
The Neteller eWallet uses data security protocols during all transactions. And the fact that players do not need to share their info with Neteller bookmakers when they make deposits adds an extra safety net. Since we want to ensure that your cash is safe, I take the time to check for security certificates and evaluate the privacy policy for each betting site.
All transactions with Neteller are lightning-fast. However, when it comes to withdrawals, the bookmaker has to thoroughly verify customers’ identities through KYC processes. All things being equal, some bookies are just more efficient than others. The verifications are meant to protect the customer and prevent underage gambling, but I recommend sportsbooks that process withdrawal requests within 24 hours.
I consider sites that have clearly laid out payment and payout policies. I’m particularly interested in the transaction limits, and only pick flexible bookies that let you deposit $10 or even as little as $5 using your Neteller wallet. At the same time, a bookmaker should set significantly huge withdrawal caps to cater to big winnings. I don’t include bookies that bite into your profits by charging extra fees on withdrawals.
User experience is an important aspect of online sports betting, and it is payment methods like Neteller that create a comfy environment. Getting started with the Neteller App is a typically simple task.
Go to the Neteller website or download the app and click the Join button. Input your name, email, currency, and country. Verify your account.
Connect your Neteller wallet to your credit card or bank account. Transfer funds into your wallet to start transacting.
Sign up to your favorite bookmaker. Log in, go to the payments section, and select Neteller. Then, enter the amount and complete your deposit.
Now that your account is funded, you can go to available fixtures and select a match to bet on.
The best Neteller betting sites don’t charge significant transaction fees. This means players get to enjoy their winnings to the fullest. However, the Neteller wallet charges a small fee for several operations.
You pay between 3% and 5% to move funds from your bank account or credit card. You must also pay a 4.5% fee if a currency conversion is involved. To keep the costs of transacting on a minimum, try to find a betting site that supports your preferred currency. Neteller is accepted by various retailers online. So, you can also avoid transferring your cash to your bank account and just use your wallet to shop.
Professional Neteller betting sites strive to process all transactions as quickly as possible. Deposits are usually instantaneous and effortless. On rare occasions, a delay may occur due to a system error. In this case, contact your bookie or Neteller customer service urgently.
Withdrawals need a bit of work since the betting site staff needs to verify your account before handing over your winnings. This is purely for your own safety. On average, bookies deliver payouts within 24 hours. An extremely efficient site can process your withdrawal in an hour or two.
Neteller is a great way to fuel your online sports betting sessions, but other options may appeal to you for various reasons. For example, playing at the best Trustly betting sites means that you won’t pay additional fees. Depositing with Visa gives you unlimited access to sports betting bonuses. The table below summarizes the different payment methods.
Payment Method | Limits | Deposit time | Payout time | Fees |
---|---|---|---|---|
Neteller | $10 – $10,000 | Instant | Less than 24 hours | Free |
Pay Pal | $10 – $10,000 | Instant | Less than 24 hours | Free |
Trustly | $10 – $4000 | Instant | 24 to 48 hours | Free |
ecoPayz | $5 – $5,000 | Instant | 2 to 24 hours | Free |
Visa | $20 – $5,000 | Instant | 1 to 3 days | Free |
Bank Transfer | $30 – $50,000 | Instant | 2 to 5 days | Free |
Neteller is one of the most competitive sports betting payment methods available today. The eWallet offers convenience and you can make deposits to your bookie account in a few clicks. Players can transact without giving up their credit card or bank account numbers.
With SSL and 2FA, this banking method also comes with tight security, masking your sensitive data. As the payment service has been around since 2000, there are hundreds of Neteller betting sites to pick from. I’ve reviewed and picked the best ones so you can quickly choose and start betting.
Yes, Neteller is a very safe payment method since customers do not need to disclose their banking information to sportsbook sites. The eWallet uses SSL data encryption and 2-factor authentication to enhance your privacy. Additionally, the best Neteller betting sites use data protection protocols so that players enjoy an ultimately secure gambling environment.
To make a withdrawal request, go to the payments section and select withdrawals. Select Neteller and enter the amount you wish to withdraw. The bookmaker may ask for your identity documents for verification. If all goes well, the betting site should credit your wallet within 24 hours. You may then transfer the funds to your credit card and get cash from an ATM if you wish.
Neteller offers ease of use, customer privacy, and quick transactions. In general, you get to enjoy true convenience. However, you may want to try playing at ecoPayz betting sites to avoid the significant extra costs associated with Neteller.
Users must be 18+. If you are having trouble with gambling then help and advice can be found at responsiblegambling.org