Neteller is one of the best known and most widely used E-wallet services around. It is particularly popular with fans of online betting and gambling, and as such is offered as a deposit method by a wide range of bookmakers and betting sites.
This page is aimed at giving you all of the information you could possibly want about Neteller, how it works and exactly how you can use it for online betting. Let’s start, however, by pointing you towards the best betting sites which accept Neteller.
Online Bookmakers Accepting Neteller
You’re going to find that pretty much all bookmaker accept Neteller from their customers but the VAST majoirty exclude Neteller depositors from their opening bonus offer.
With that in mind, if you want added value as a Neteller user, you’re going to have to look harder. These bookmakers can offer you it:
With Offers & Bonuses:
*Unibet are the only online bookmaker currently allowing Neteller depositors to claim their welcome bonus offer.
*Whilst Neteller deposits will exclude you from the Coral welcome bonus there’s nothing to say you can’t join their Bet & Get club and qualify for £10 in free bets every week when you bet £25 at odds of evens or higher. T&C’s apply.
*Again Paddy Power exclude Skrill depositors from their opening bonus but there’s nothing in their T&C’s which stop you opting in to their free bet club and getting extra value every week that way. T&C’s apply.
Without Bonuses (Top 4):
The following betting sites accept Neteller but unless you make your first deposit using a different method you won’t be able to claim the welcome offer advertised:
Deposits, Withdrawals & Time Scales
|William Hill||Instant||0-24 hours||£10||£30,000|
How To Use Neteller For Online Betting
One of a number of reasons (more on the rest later) why Neteller is popular with punters is because it is actually really simple to use. The service can be used for online purchases and other transactions, and is designed to be user-friendly.
When it comes to using Neteller for online betting, there are three major steps which you need to take. These are opening a Neteller account, funding that Neteller account and then using the funds from the account at your chosen betting site. With that in mind, let’s work through those three main steps in turn.
How to Open a Neteller Account
It could hardly be simpler to open a Neteller account. Firstly, you must head to Neteller.com and then select one of the numerous ‘Join For Free’ links which are clearly and obviously displayed on the Neteller homepage.
Selecting one of those links will take you to a page which will display a form for you to fill in. That form will ask for basic details such as your email address, what you wish to use as a Neteller password and your date of birth. As part of that form, you will also be able to select the currency you wish your new Neteller account to operate in.
Once you have entered all of the required information into that form, all you must do is select the ‘Open Account’ link and the sign up process is finished.
How to Deposit Into Neteller
Once you have signed up to Neteller and have a new account, the next step is to fund that account, so you can then use it for online gambling or anything else you desire.
Deposits to your Neteller account are managed through the ‘Money In’ section of the account. Once you’ve headed to that area of your Neteller account, you will be presented with a range of different deposit options. Those include credit/debit cards, Paysafecard, bank transfer and even bitcoin.
You must select the method by which you wish to deposit and then follow the on-screen instructions. Taking credit/debit card deposits as an example, what you will then be instructed to do is to enter your card details and the amount you wish to deposit.
You will then be asked to select whether the funds will be used for gambling or non-gambling purposes. Once that’s done, you can simply confirm the transaction and your chosen funds will be available in your Neteller account.
Your new Neteller account will initially be limited in terms of how much money you are able to deposit. You can lift those limits and also make additional Neteller features available to you, by verifying your account.
After opening and funding your account, a blue banner will appear whenever you log in, giving you the option to verify your account. Selecting the banner takes you to the ‘Verify Your Account’ page, where you’ll be guided through the steps required to upload an item of ID and complete the verification process.
How to Use Neteller at a Bookmakers Site
After you’ve funded your new Neteller account, you’re ready to start using it for online betting. Fortunately, doing so could hardly be simpler or swifter. First, you must head to your chosen betting site, login or register an account and then go to the account’s ‘Deposit’ section.
Once you’re in that section, you’ll have the option to choose your favoured deposit method and Neteller will be listed if the site accepts the E-wallet for deposits. Choosing Neteller as a deposit method will then take you to a new page with another really simple form to fill in.
This particular form will ask for your Neteller Account ID or email, Neteller Security ID or authentication code and for your chosen deposit amount. Entering those details and confirming the transaction, then transfers your chosen funds from your Neteller account to your online betting account almost instantaneously.
Why Deposit With Neteller?
Most reputable bookmakers allow you to deposit via Neteller without applying any charges or fees. Neteller themselves, furthermore, offer a number of methods for funding Neteller accounts which also aren’t subject to charges.
Many punters choose to use Neteller as a deposit method as it means that they do not have to share card details or banking information within online bookmakers or betting sites.
If you do wish to use an e-wallet for online gambling, Neteller is better than many other options thanks to the wide range of ways that Neteller accounts can be funded. Bank transfers, card payments and even bitcoin transactions are amongst the many alternatives catered for.
Depositing via Neteller moves your funds almost instantaneously from your E-wallet into your online betting account. There are no delays between deciding to deposit and being able to place a bet (much like PayPal).
Neteller is unquestionably one of the most widely accepted E-wallets, when it comes to online betting deposit methods. The vast majority of online bookmakers and betting sites cater for Neteller and make depositing via the E-wallet quick and easy.
Using Neteller as a gambling deposit method allows you to indirectly fund a betting account via your bank account, without the details of the betting site showing up on your bank statement.
Can You Trust Neteller? Company Overview
The Neteller service is owned and operated by PaySafe Financial Services Limited. PaySafe Financial Services Limited were first founded back in 1999 and have been based in the Isle of Man since 2004.
Given their presence within the UK and the fact that they serve many UK based customers, PaySafe are fully authorised by the Financial Conduct Authority within the country. That means that the company, and by extension their Neteller service, is held to high standards when it comes to physical security, electronic security and anti-money laundering protocols.
The fact that Neteller have to maintain those high standards and that the service reaches customers in over 200 countries worldwide, therefore, mean that they can certainly be classed as reliable and trustworthy.
PaySafe Financial Services Limited was first founded in Canada.
The company first started to process online gambling payments and transactions.
Paysafe Financial Services Limited relocated from Canada to the Isle of Man.
By 2005, the company as a whole was handling payments for upwards of 80% of the world’s gambling merchants.
Accounts of Neteller users from the USA were frozen and the company’s founders were arrested due to the fact that the service was widely being used for online gambling in the country – where it is illegal.
It took Neteller a number of years to recover from their forceable removal from the US market. They are now, however, once again a reputable and successful online financial services provider.