What is Neteller, and how does it work for betting sites?
Neteller is an e-wallet for quick, secure deposits at betting sites. Fund your Neteller account, then transfer money to your bookmaker instantly.
Our OddsSurfer team reviewed over 30 online bookmakers that accept Neteller to assess how they integrate and support this payment method. Our tests tackled issues like high fees and bonus exclusions to give you a clear review. Choose a trusted sportsbook from our list and start betting now!
Read on to learn more about betting sites that accept Neteller. Gain extra confidence when place a bet online.
List of bookmakers:
Neteller is a popular e-wallet used for online transactions. Key benefits include secure transactions with advanced encryption, quick processing times for both deposits and withdrawals, and the ability to manage funds separately from personal bank accounts, enhancing privacy. Neteller is compatible with iOS and Android devices, allowing users to make transactions via mobile apps or web browsers, ideal for bettors on the go.
Aspect | Details |
---|---|
Security | 256-bit encryption, 2FA, anti-fraud monitoring, funds held in trust accounts. Regulated by UK FCA. |
Transaction Speed | Instant deposits for cards/e-wallets. Withdrawals: 1-24 hours (e-wallets), 1-5 days (bank transfers). |
Fees | Deposits: 2.5% (free for some VIP methods). Withdrawals: $0-$10 (bank), 2.99% (cards). FX fees: 4.49% (1% for VIPs). Inactivity: ~$1.80/month after 12 months. |
Mobile app | Fully compatible iOS/Android app for payments, account management, and verification. |
Availability | Available in over 200 countries, including the UK, Australia, and India. Restricted for gambling in many US states and unavailable in countries like China, Russia, and Iran. |
Reputation | High acceptance in betting (casinos, sportsbooks) and forex. Higher fees than Skrill but offers Net+ Mastercard for ATM withdrawals. |
Betting sites have different rules for bonuses when you use Neteller. Some exclude Neteller deposits from promotions, but others provide welcome bonuses and other deals, like Melbet’s 150% welcome bonus up to $100 for new bettors.
A Welcome Bonus rewards new users when they make their first deposit. For example, if you add $100 with Neteller on 1xBet, you get a $100 bonus, which you must bet five times before you cash out winnings.
Regular bonuses include ongoing promotions like reload bonuses or cashback offers. Neteller lets you fund your account fast to claim these time-limited deals. For instance, Betway provides a 50% reload bonus up to $50 every weekend; add $100 with Neteller, and you get $50 extra, with a three-times wagering requirement.
A free bet lets you place a bet without using your own money, often with specific terms. It offers a chance to win real cash without risk. For example, after you put in $50 with Neteller on 22Bet, you receive a $10 free bet for football matches with odds of 1.5 or higher, and winnings are yours after meeting the terms.
VIP and Loyalty programs reward frequent bettors with perks like cashback or free bets. Neteller helps you manage funds quickly to earn rewards faster. For example, Megapari’s VIP program gives points for every bet; fund your account with Neteller to bet more and swap points for bonuses like free bets.
Our team has tested multiple betting sites that accept neteller to help you find the best ones.
Payment Availability, Security & Legitimacy
Neteller uses advanced encryption technologies like tokenization to keep your data safe. Our team only selects bookies with reputable licenses such as MGA or UKGC. These licenses keep betting fair and protect your funds.
Cashout Speed, Limitations
With Neteller, you can often get your winnings within 24 hours. Our team checks each site’s processing times to confirm they deliver fast cashouts.
Bonuses and Promotions
Using Neteller often qualifies you for bonuses and promotions, like welcome offers or free bets. Quick deposits with Neteller let you grab these offers fast, giving you more chances to win.
Betting Options Variety
Using Neteller does not limit your options. We highlight sites that offer popular sports like football and basketball, as well as unique markets like eSports or virtual sports.
Below are the steps to deposit money into your betting account using Neteller.
First, log into your betting account using your username and password. This grants access to the platform’s features, including the cashier section
Next, go to the cashier or deposit section of the betting site. This is usually found in the account menu or homepage, often labeled as “Deposit,” “Cashier,” or “Add Funds.”
Choose Neteller from the list of available payment methods. Ensure your Neteller account has sufficient balance before proceeding
Enter the amount you want to add to your account. Most betting sites set a minimum deposit with Neteller, though these limits vary by platform
You may need to log into your Neteller account to confirm the payment. This step often involves entering a PIN or using two-factor authentication for added security. Once confirmed, your bankroll should appear in your account immediately, allowing you to start placing wagers
Follow these steps to complete your payout using Neteller. If Neteller isn’t supported for withdrawals, check our review’s alternative methods block
Access your account on the betting platform by entering your username and password to view withdrawal options
Locate the ‘Withdrawal’ or ‘Cashier’ section in your account settings to initiate the cashout process
Select Neteller as your preferred method for cashing out. If you deposit with Neteller, it may already be selected
Specify the amount you wish to withdraw, noting that sportsbooks often set minimum limits and may have maximum caps
Confirm the transaction, which may involve entering a PIN or completing two-factor authentication, and wait for the money to transfer to your Neteller account, usually within 24 hours
Pros | Cons |
---|---|
✓ Deposits and withdrawals are processed quickly, often within an hour, allowing seamless betting. | ✗ Neteller charges a 2.5% fee for funding, often covered by bookmakers |
✓ Neteller keeps your bank details hidden from betting sites, enhancing privacy and reducing fraud risks. | ✗ Some betting sites restrict Neteller withdrawals or impose specific conditions. |
✓ You can transact in various currencies, avoiding conversion fees for international betting. | ✗ Certain bookmakers exclude Neteller users from welcome bonuses or promotions. |
✓ Features like the Net+ card and Apple Pay integration simplify fund management. | – |
✓ You can transact in various currencies, avoiding conversion fees for international betting. | – |
Bettors should verify specific fees and limits with their chosen betting site, as these can vary significantly. By understanding these details, users can make informed decisions when using Neteller for online betting.
Category | Details |
---|---|
Currency | USD, EUR, GBP, INR, CAD, AUD, BRL, RUB |
Transaction Time | Deposits: Instant Withdrawals: 1-3 days (varies by bookmaker) |
e-Transfer | Supported via Neteller digital wallet |
Fees | Neteller: 2.5% for deposits and withdrawals Bookmakers: Generally no additional fees |
Betting Site Fees | Varies; most do not charge extra, but check with specific sites |
Minimum Deposit | $10-$20 |
Maximum Deposit | $1,000-$5,000 per transaction |
Minimum Withdrawal | $20-$50 |
Maximum Withdrawal | $2,000-$5,000 per transaction |
Additional Notes | – VIP members may have lower fees and higher limits – Currency conversion incurs a 4.49% fee – Always verify with the specific betting site |
Criteria | Neteller | Skrill | PayPal | AstroPay |
---|---|---|---|---|
Security | Excellent security with 24/7 fraud monitoring and data encryption. | Excellent security with 24/7 fraud monitoring and data encryption. | High security with advanced encryption and 24/7 fraud monitoring. | Secure digital wallet with two-factor authentication and SSL certification. |
Fees | Deposits: Typically free at sportsbooks, but Neteller may charge 2.5% processing fee. Withdrawals: Typically free at bookmakers, but Neteller may charge 2.5% processing fee. | Deposits: 1% fee. Withdrawals: Fixed €5.50 fee to bank account. | Deposits: No fees. Withdrawals: Typically no fees, but fees may apply for international transactions. | Deposits: No fees. Withdrawals: Specific fees not specified, but may apply for crypto transactions. |
Acceptance by Bookmakers | Widely accepted by many online bookmakers. | Widely accepted by online sportsbooks. | Accepted by many, with regional restrictions (e.g., not for gambling in the U.S. except certain states). | Accepted by some bookmakers, especially in regions like Latin America and India. |
Deposit Speed | Instant or very fast. | Instant deposits. | Instant deposits. | Instant deposits. |
Withdrawal Speed | Fast, but depends on bookmaker processing time. | Withdrawal speed not specified, but typically fast for e-wallets. | Typically fast, often within 24 hours. | Withdrawal speed not specified, but typically fast for digital wallets. |
If Neteller isn’t an option for your betting site payment—especially for deposits that qualify for bonuses—there are other reliable payment methods you can use. Below is a list of five alternative payment methods that are similar to Neteller and can help you fund your account and withdraw winnings.
Payment Method | Type | Deposit | Withdrawal | Deposit Time | Withdrawal Time | Min Deposit | Fees |
---|---|---|---|---|---|---|---|
PayPal | E-Wallet | Yes | Yes | Instant | 1–3 business days | 10$ | Up to 4.4% |
Skrill | E-Wallet | Yes | Yes | Instant | 1–3 business days | $10 | 0–3.49% |
EcoPayz | E-Wallet | Yes | Yes | Instant | 1–3 business days | $10 | 1–7% |
MuchBetter | E-Wallet | Yes | Yes | Instant | Instant | $10 | 1.5–5% |
AstroPay | Prepaid Card | Yes | Yes* | Instant | Instant | $10 | Varies |
Neteller ranks high among payment methods for betting sites in many regions, with broad availability, a simple interface, quick processing, and strong security features. Players fund accounts instantly and collect winnings fast, often within 24 hours, making it a solid choice for sports betting. Casual users enjoy the ease, while high-rollers benefit from high transaction limits. Our team suggests signing up with Neteller today to manage your funds reliably at top betting sites.
Neteller is an e-wallet for quick, secure deposits at betting sites. Fund your Neteller account, then transfer money to your bookmaker instantly.
Yes, Neteller uses advanced encryption and is backed by the Paysafe Group. Choose licensed betting sites for added security.
Neteller charges a 2.5% transaction fee. Some betting sites may add fees, so check your bookmaker’s terms.
Withdrawals take 3 hours to 6 days, depending on the bookmaker. For example, Betfair processes in 3 hours, Bwin up to 6 days.
Yes, Neteller supports both deposits and withdrawals, though some sites may not allow withdrawals via Neteller. Check with the bookmaker’s customer service for clarification.
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