Neteller is a popular payment method for betting sites. They act as a great alternative to PayPal, Skrill and other common payment methods such as debit card transfers.
In this article, we’ll check out the best Neteller betting sites available in 2020, how you can sign up along with other important information.
Ready? Let’s get started.
Best Neteller betting sites
Picking a payment method is an important part of betting and using Neteller is a popular choice. But which are the best Neteller betting sites around?
Here are 5 of the best sportsbooks and betting exchanges to consider when using Neteller.
- Betdaq
- Bet365
- 888Sport
- Coral
- Betfair
Whilst there are plenty more bookmakers and exchanges that offer Neteller, the list above is a great place to get started.
What is Neteller?
For those of you that are new to Neteller, here’s a short introduction. Neteller is a popular online payment platform that works like any other eWallet such as PayPal or Skrill. Therefore it’s an easy way to transfer your funds between accounts whilst ensuring maximum security.
You don’t need to send any bank details to the bookmakers, all you need is your Neteller ID and password.
Founded in 1999, Neteller has been around for a while. In that time, it’s become one of the go-to platforms for transferring money over the internet. Below we’ll take a look at some of the benefits of using Neteller betting sites.
Benefits of Neteller betting
Fast transfers
One of the key benefits of using Neteller betting sites is fast payment transfers. This is one of the standout features of betting with Neteller.
Transfers and withdrawals are instant meaning you don’t need to stress about when you’ll get your money back. You can withdraw your winnings incredibly quickly.
Making deposits and withdrawals with Neteller is also incredibly easy. You only need your ID or email address and password to log in to your account and transfer money.
This speeds up the whole process of transferring money and allows you to focus on what you’re good at, placing winning bets.
No bookmaker fees
One of the great things about using Neteller betting sites is that the bookmakers charge no fees on this payment method. This is great for transferring your money and means you keep more cash either for your bets or when withdrawing.
However, as we’ll look at later, you do need to bear in mind the fees for depositing and withdrawing funds from your Neteller account.
Safe and reliable
Betting with Neteller is incredibly safe and reliable as with most online payment methods in 2020. However, using an eWallet like Neteller takes your online security to the next level.
As I mentioned above, you aren’t required to send any card information over the internet. All the information is stored in your Neteller account and you simply need to enter your Neteller ID and password.
In terms of the security at Neteller, it’s of a very high standard giving you the confidence to leave your cash in the eWallet.
Overall, you’re very unlikely to have any issues with payment or security at Neteller.
Downsides of using Neteller
Whilst there are plenty of benefits of using Neteller betting sites, the platform does have its downsides which we’ll take a look at below.
Excluded from promotions
Occasionally, using Neteller as your preferred payment method excludes you from bookmakers free bets and promotions. This has a knock-on effect on your profitability.
One of our key betting tips is to use as many free bets and other promotions as possible. When you using Neteller you may be restricted to certain offers.
If you’re looking to profit with matched betting, using Neteller may add restrictions and reduce your overall profitability before you get started. The matched bettors making £1000 each month are taking advantage of a wide range of bookmaker offers and promotions.
Therefore it’s important to consider which free bets and promotions you won’t be able to profit from if you use Neteller. You can find all of this information in the bookmaker’s terms and conditions.
Alternatively, you can also use a site like OddsMonkey which will tell you whether you can use a certain payment method to take advantage of an offer.
Associated Neteller fees
Whilst betting sites don’t charge any fees, there are various Neteller fees associated with depositing, withdrawing and transferring funds.
For deposits into your Neteller account, the typical fee is 2.5% of the overall amount. This is the case for popular payment methods such as Visa and MasterCard.
For withdrawing your funds from your Neteller account you should expect to pay a small, flat fee. For bank transfers this is $10. However, if you use a Net+ prepaid card the fee is a maximum of 1.75%.
For more information on the various fees associated with Neteller, check out this article on their site.
How to deposit at Neteller betting sites
Depositing into your betting accounts using Neteller is incredibly easy and very similar to other payment methods.
Follow the simple process below to get started. In this example, I’m using Betdaq.
- Head to your desired bookmaker
- Find the deposit page
- Enter the amount and click Neteller and enter your ID and password.
Enter your deposit amount and make the payment. Depositing at Neteller betting sites is really that easy.
If you’re stuck I recommend you get in touch with the bookmakers support, they should be able to help you out.
Alternatives to Netteller betting sites
Whilst Neteller betting sites are a great option, there are alternatives out there. Other eWallet payment providers like PayPal and Skrill are popular choices in the betting industry.
However, it’s fair to say that most of these platforms offer a very similar service and the fees are all quite similar.
It really comes down to personal preference. The security of each platform is incredibly high and you’re unlikely to have any issues when depositing and withdrawing your funds into your betting accounts.
Some punters may prefer to transfer their money straight into their bookmaker accounts from their bank accounts. It cuts down on the number of money transfers you have to do.
Other punters may not want to enter important card details over the internet which is also fine. This is where an eWallet like Neteller works really well.
Neteller FAQs
Finally, here are some frequently asked questions regarding Neteller and betting sites.
Can I trust Neteller?
Yes, you can trust Neteller. They are one of the safest and most reliable online payment methods. Thousands of punters use the platform to fund their betting accounts every day.
Do I need a Neteller card?
No, it’s not necessary to have a Neteller card if you just want to use the service to transfer funds between your bookmaker account and personal bank account.
However, a Neteller card may be useful if you want to reduce the fees for withdrawing back to your bank account. The Net+ card works exactly the same as any other debit card meaning they’re incredibly easy to use. You can withdraw your funds at an ATM for example.
What’s the best Neteller betting site?
The best Neteller betting site will vary between person to person. Similar to all payment methods, what works best for you might not work as well for me.
However, using one of the sites mentioned above should be a great place to start.
Best Neteller betting sites
Overall, the Neteller betting sites mentioned above are some of the best platforms to use in 2020 and beyond.
Whilst Neteller isn’t necessarily the best payment method for all punters, it’s all very subjective. What works best for me, might not work as well for you.
My best advice is to register and give the platform a try. You’ve not got anything to lose as it’s completely free to sign up.