Neteller is considered as the second most used internet payment method on online gambling sites. They are part of the well known Paysafe Group and along with its sibling e-wallet Skrill, amount for billions of euros worth in transactions in each month. Apart from fast and secure payments, Neteller offers various promos and a quality loyalty program where you can send and receive money with low charges.
Bookmakers with fast Neteller withdrawals
The sportsbook industry boasts a large number of betting sites where Neteller is accepted as a payment and withdrawal option. With over 200 countries around the world in its supported list, Neteller is one of the safest and most popular funding methods, especially in countries such as India. However, with such a huge number of bookies, it’s essential to have somebody to help you separate the wheat from the chaff. When it comes to Neteller betting sites, one of the fastest ones is definitely Bet365, offering speedy and efficient withdrawals. Our second pick is 1xBet, which will transfer your funds to your Neteller account in approximately 15 minutes after your request was made. Last, Pinnacle offers satisfying processing times as well.
Bookies that offer bonus for Neteller deposits
Bonus hunting using eWallets such as Neteller was quite a popular “hobby” up until a few years ago. As a result, many betting sites, even nowadays, will not grant you with a welcome bonus for Neteller deposits. While many punters take advantage and manipulate the parameters of the Directive 2005/60/EC of the European Parliament to claim a bonus with Neteller, we highly advise against it. Here’s what you can do instead:
- Go for a betting site deals with Neteller: With such an abundance of sites that support Neteller, you won’t have a hard time finding one that features all the promotions and bonuses you love for Neteller deposits as well. Use the list above for details regarding Neteller compatible bookies together with their exact welcome bonus offers. Otherwise, you can always choose another payment method.
Neteller for online betting in the UK
Players in the most tightly regulated online betting market in the world love using Neteller both for their deposits and withdrawals. Bet365 offers one of the best sportsbooks in the UK and supports Neteller throughout their transactions. If you’re after great payouts, then EnergyBet is your go-to bookie for Neteller betting, offering an average 95.3% payout rate. Last, if you’re on the lookout for a huge number of daily bets on more than 90 sports, topping up your Neteller account to play on Bwin is definitely the way to go.
Betting sites using Neteller in Canada
The company’s very own birth country, before becoming part of the Paysafe group, is actually a place where bettors use Neteller to top up their accounts on a regular basis. If you’re located in Canada and are looking for guality sportsbooks where you can use Neteller and be paid in Canadian dollars, check out the following:
- Bet365→ 100% bonus for deposits up to 200$
- Sportingbet→ 100% bonus for deposits up to 150$
- Unibet→ Free bet (bonus to be credited if first bet was lost) 100%
Neteller sports betting - Where to bet from India
If you are located in India, you probably know that Neteller is very popular for deposits and withdrawals on betting sites. However, not all bookies accept Neteller, and the fees may often vary from bookie to bookie. The most popular websites where can you bet online from India and use Indian Rupees - INR (Rs) are:
- 1xbet→ 100% bonus for deposits up to ₹ 7500
- Betrally→ 100% bonus for deposits up to ₹ 7500
One of the top sportsbooks for Indian punters is Royal Panda. A variety of cricket betting markets along with football, casino and a cool first deposit free bet, mean that you should definitely try them out if you are using Neteller. On the flip side though, Royal Panda doesn’t pay out in Rupees.
Which countries are banned by Neteller?
Widely accepted as it may be, the popular payment method can not be used everywhere. There are certain countries that are banned by Neteller, and as a result residents of them will have to turn elsewhere for their deposit and withdrawal needs. These include Afghanistan, Central African Republic, China, Congo (Republic), Cuba, Gambia, Guinea, Iran, Iraq, Kazakhstan, Madagascar, Mongolia, North Korea, Papua New Guinea, Turkmenistan, Uzbekistan. Luckily, there are many other alternatives to Neteller, so worry not.
Does Neteller work in USA?
As you probably know already online betting laws in the US are governed by the state the player resides in, with Delaware, New Jersey, Nevada and Pennsylvania being the only 4 states allowing bettors to play online. If you’re looking to try your luck on a top American betting site that accepts Neteller, then BetOnline is one of the best and fastest in withdrawal requests, boasting a 1-4 hour average. A good alternative is Intertops that pays out in a maximum of 48 hours via Neteller.
Neteller withdrawal limits and fees
When it comes to these two aspects of using Neteller as a payment option, the betting site controls both of them. You should always keep an eye out for the following:
- Withdrawal limits: You might come across a bookmaker that puts a cap on the total amount of money you can take off of your account on a daily/weekly/monthly basis. Research that before signing up and choose a betting site that matches your budget and play frequency accordingly.
- Withdrawal fees: Following up on bookmakers that will impose a limit on the overall number of withdrawals, there are sites that will ask for a fee for all requests exceeding that set number, i.e first 10 withdrawals are free each month and after that you are charged a small fee in the likes of 2%. It’s best if you steer away from those.
In which currencies can you use Neteller?
Using Neteller for your payments means that you probably won’t have to pay conversion fees as it accepts more than 25 currencies. Check the currency table below and if your local currency is included go ahead and top up your account on your favorite bookie without worrying about unnecessary expenses:
|Australian Dollar||AUD ($)||Brazilian Real||BRL (R$)|
|Bulgarian Lev||BGN (лв)||Canadian Dollar||CAD ($)|
|Danish Krone||DKK (kr)||Euro||EUR (€)|
|Hungarian Forint||HUF (Ft)||Indian Rupee||INR (Rs)|
|Japanese Yen||JPY (￥)||Malaysian Ringgit||MYR (RM)|
|Mexican Peso||MXN ($)||Moroccan Dirham||MAD (د.م.)|
|Nigerian Naira||NGN (₦)||Norwegian Krone||NOK (kr)|
|Polish Zloty||PLN (zł)||Romanian New Leu||RON (lei)|
|Russian Ruble||RUB (руб)||Singapore Dollar||SING (S$)|
|South African Rand||ZAR (R)||Swedish Kronor||SEK (Kr)|
|Swiss Franc||CHF (Fr.)||Taiwan Dollar||TWD ($)|
|Tunisian Dinar||TND (د.ت)||United Arab Emirates Dirham||AED (د.إ)|
|United States Dollar||USD ($)||Colombian Peso||COP ($)|
Neteller & Betting
Ηigh limits and instant deposits
Neteller allows you to instantly deposit and withdraw money from your betting account. This means that if you are registered on a number of bookies, you can make a quick deposit and claim the best odds in the blink of an eye. You can also withdraw your money in the same manner, after having won an impressive bet, or because a betting opportunity might have arisen on another bookmaker. Additionally, Neteller has the highest transaction limits compared to most e-wallets, which can prove quite handy on high stakes bookmakers such as Pinnacle.
Besides looking to claim the best odds, you might be searching for your favorite betting market. For example, you may find that the selections are limited on a certain tennis event, which will force you to either bet on a market you did not intend or abstain from punting on that match. In order to avoid such an outcome, you can instead use Neteller to quickly top up your account on a bookmaker that specializes on tennis events and enjoy the game.
Avoid bank transactions
Neteller lets you avoid using your bank to complete any transaction with a bookmaker. This can prove to be quite handy for three reasons. Firstly, it allows you to instantly deposit and withdraw money, a process that would take a few days when concluded through your bank account. Secondly, there is a small chance your bank might reject a deposit on a bookie, due to a random reason. This is guaranteed to never happen if you use an e-wallet. Lastly, you might not wish to share your bank account’s details with a betting firm, given that you can never be too sure with that kind of information. Neteller allows you to make such transactions incognito, without having to share private information.
Sure bets or arbitrage is a betting strategy that requires you to utilize the best possible odds, in order to make a guaranteed profit, regardless of the final result. This means that you have to act quickly in case you spot a profitable deviation between two or, perhaps three bookmakers, in order to claim those added value odds. By using an e-wallet you can make a deposit and place your sure bets in no time.
In some rare cases a bookie may start to act suspicious towards a Neteller user, especially if they make a full withdrawal immediately after having won a high stakes wager. They will consequently place certain limits on the maximum amount a punter is allowed to bet, in order to minimize their losses to arbers and bonus hunters, who most likely won’t stick around to rebet their money.
Τop 5 bookmakers that accept Neteller
Ηow to create an account
This won’t take more than a couple of minutes.
Step 1: Visit www.neteller.com and click on the “Join for free” link on the top right hand corner of the screen.
Step 2: Enter the required information on the according fields and make sure to choose the right currency, as this option cannot be altered afterwards. As on any other online registration form, you should create a strong password containing various numbers, letters and symbols, in order to safeguard your account.
Step 3: Upon having submitted the form, you will be transferred to another screen where you will find a “6” digit number, that will act as your Neteller id. Make sure to keep this number in a safe place, as you will need to use it as a referral on every transaction.
There are five ways of verifying your account:
Bank account. The link to register a bank account can be found in the “Account Summary” section, under the “Register Bank Account” link. On the first page you can view the necessary steps you need to follow in order to complete the registration and verification of your bank account. On the second page, you will be asked to provide your bank account’s information: ΙΒΑΝ, Βank name, city and country, currency of the account, bank phone number, SWIFT (BIC) code, Goverment ID Card
Address Verification document. Submit a scanned copy or photo of an official note, such as a gas or electricity bill. Your name and address must be clearly visible.
Passport or ID. Submit a scanned copy or photo of your ID or passport. Make sure to take a picture of both sides.
Driver’s License. The same as the above.
Permanent Residency Card. You can send a photo or scanned copy of your residency card if you lack any other kind of ID.
Neteller has more than 15 years of experience on completing online transactions and as a result, has always striven to create a secure platform for every user. Every deposit or withdrawal you make is guaranteed to keep your personal and financial information private.
Additionaly, Neteller secures every data using the latest encryption technology. They supplement this security by engaging with Visa and MasterCard for the “Verified by Visa and MasterCard Securecode” programs. Each time you make a deposit through a card by either of these two companies, Neteller’s security check requires that you input a pre-defined password in order to ensure that it is not a fraudulent payment.
Furthermore, under the laws of UK’s Ministry of Finance, Neteller is obliged to limit its services to completing online transactions. This means that they can not lend any money and that they have to keep each account’s balance stored on a separate bank account, in case a customer decides to make a withdrawal.
Regardless of your preferred payment method, you should always make sure that you keep the details of your account private and stored in a secure place.
If you wish to make online purchases on vendors who do not accept payments through e-wallets, or you want to withdraw money easily from your Neteller account, then you should get the Net+ Mastercard. All you have to do is go to their website, click on the “Net+cards” link on the left side of your screen, choose your currency and click on the confirm button. You will be asked to provide a one-off fee of 10€ and wait for about for 21 business days before you receive your netcard. You can use your Neteller Mastercard to withdraw money from any ATM, use it as any debit card and keep your banking and personal information private. If you are a VIP member, you can hold two (2) cards in different currencies and avoid any exchange charges.
Can I use Neteller’s Prepaid Mastercard for a deposit to an online betting site?
The majority of betting sites will not accept it as a deposit method, as that’s the policy set by Neteller. However, you might be able to make a payment with Neteller’s Mastercard only in a few “grey” bookmakers.
If you plan on spending big, you might qualify for a VIP membership. There are five different levels split between Bronze (10.000€ per year), Silver (50.000€ per year), Gold (100.000€ per year), Platinum (500.000€ per year) and Diamond (2.000.000€ per year). You can win various rewards on each level, ranging from higher limits to additional currency accounts.
Pros & cons
To sum things up, the services of the Neteller e-wallet can be broken down to the following advantages & disadvantages:
- Accepted on almost every sportsbook
- Instant, free of charge deposits on your betting account
- Instant withdrawals through the prepaid Net+ Mastercard
- Minimal withdrawal fees
- High deposit and withdrawal limits
- VIP Program that allows you to keep two accounts
- Added security through the 2 Way Authentication
- You will be charged with a certain fee when you send money to another Neteller user
- A certain fee is imposed for any transaction between two Neteller accounts
- Arbitrage reputation. Certain bookies act a bit suspiciously towards bettors who use Neteller on their deposits. This is due to the fact that alongside Skrill, they share a reputation of being frequently used by betting bonus hunters and arbers, who sometimes will withdraw their money and never punt on the same betting company.
Bookmakers that accept Neteller
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