Benefits of Choosing Neteller as Your Preferred Betting Payment Method
By itself, Neteller is a solid platform, easily competing with the likes of PayPal. As a service running for over 20 years, it has grown immensely and introduced a lot of neat features that benefit the users, whether they're betting on sports or just partake in casual online shopping.
Here are the main reasons why so many sports bettors use Neteller as their payment method of choice:
- It's convenient and safe. Transactions can be made with a push of a button and without using credit card information. Withdrawals typically take less than 24 hours to process.
- You can easily limit your expenses. Neteller only has access to your deposited funds when making payments, so you can enjoy Neteller sports betting without worrying that you'll end up overspending.
- Neteller accepts over 40 deposit methods. It's very easy to reload your account and, chances are, you already have one of the supported payment methods. Furthermore, this allows the service to be available in many regions.
- Neteller is betting-friendly and won't lock you out of your account or penalise you in any way if you're mainly using it for sports betting or gambling online.
- Crypto payments and crypto exchange are available. If you own one or a few cryptocurrencies, you can use them to load up your Neteller account.
- Knet loyalty programme rewards you with account credit for making transactions and using the Net+ card.
How to Make a Deposit for Betting with Neteller
As a payment system that has gone mainstream, Neteller is pretty straightforward to use. Likewise, it's not complicated to use your e-wallet to bet on sports as it's a matter of pushing a few buttons.
So, here's how to do it and start playing at betting sites that use Neteller:
- Open a Neteller account. It's free to sign up. The whole registration process takes just a couple of minutes and can be completed on both desktop and mobile.
- Load up your Neteller account with funds either by using your credit/debit card, bank account, or other payment method.
- Head to your favourite betting site that accepts Neteller and log into your account.
- Click on the Cashier or deposit option, depending on how the website is structured.
- Select Neteller from the list of deposit methods and enter the amount you wish to deposit, following the betting site's minimum deposit requirements.
- Enter your Neteller email address to confirm the transaction and transfer the funds.
Once you've made a deposit, the funds should be immediately available on your sports betting account.
How We Choose the Best Neteller Betting Sites
There are thousands of sportsbooks online and new betting sites pop up almost every day. Finding which of them are the best for players who use Neteller as their deposit method is a bit more nuanced than simply checking whether this payment system is supported.
Here's how we analyze and review Neteller betting sites.
Support for Neteller Deposits and Withdrawals
The best Neteller betting sites should accept this payment method for both reloading the account and cashing out your winnings. Why are we pointing this out? Some bookies accept Neteller only as a deposit method, making their players withdraw their winnings through other betting payment methods.
It should work both ways, plain and simple. On top of that, we check the minimum deposits and withdrawals, as well as the processing time for cashing out.
Availability of Neteller Deposit Bonuses
A welcome offer at a betting site is always a plus. But, not all sportsbooks offer them if the player is depositing via some of the e-wallets. This goes for other promotions on the site, too.
We check each site to verify whether Neteller players can score some bonus bets and whether there are any extra requirements for this payment method.
Sportsbook and Odds Quality
Of course, the sportsbook is as great as its selection of betting markets. That's why we check how varied the offering is, which ways can players bet on their favourite sports, as well as whether the site offers competitive odds. Only then we can definitely recommend the site.
Disadvantages of Betting Sites with Neteller
Betting on sports and other events using Neteller is mostly an enjoyable time. With that being said, you should be aware of these disadvantages and limitations:
- Unavoidable fees: Before you even reach any of the betting sites that accept Neteller, the platform will take a chunk of your transaction. Neteller typically takes 2.5% of your money when you're loading up your account with an additional fee if the site uses a different currency.
- Account verification: Neteller requires all new users to verify their accounts. The process is quick but requires specific documentation - an ID/driving license and a utility bill no older than 90 days.
- Limited access to promotions: It's rather common to see betting sites not supporting e-wallets in their promotions and free bet offers.
Most Important Things to Remember when Betting with Neteller
A few more things before you head on to bet on sports using your brand new Neteller account.
Keep your Neteller account secure. While the betting sites accepting Neteller won't have access to your information, the fact that you're using your email address can paint a target on your account. Use multi-factor authentication and create a unique, difficult-to-guess password for your account.
We also recommend checking the terms and conditions on the betting sites, specifically the terms around Neteller payments - what's the minimum and maximum transaction, how frequently can you withdraw, and are there any extra verification steps required before withdrawing?
Can't figure out which betting sites accept Neteller? You can consult with our up-to-date list on this page and you'll be sure to pick the right sportsbook from the get-go.
