Gambling has evolved at an astounding rate since it first debuted online in the 1990s. The expansion of payment choices is one of the best examples. The days of relying solely on a bank transfer or a credit card have passed. You now have a variety of options, including numerous e-wallets, with Neteller being among the most popular. We’ll go through the benefits of Neteller, as well as full instructions on how to use Neteller at online betting sites.

What is Neteller?

Neteller is a Canadian payment system. It was founded in the year 1999. Neteller has joined the Paysafe Firm, a British worldwide payment group, following a series of mergers and acquisitions. It does not have a bank license. Instead, it concentrates on e-transfers from and to merchants. Customers of Neteller are primarily social networking companies, forex trading clubs, and gambling organizations.

Despite its good reputation as a money transfer service, Neteller also allows consumers to make online payments. They only have to select it as a payment method throughout the checkout process. Neteller also offers a prepaid card to its customers. Clients can use their Neteller prepaid card to pay online at stores that accept Neteller as a payment option or Mastercard.

How to deposit with Neteller on betting sites

Neteller is really simple to use for deposits on sports betting sites in the US. Let’s have a look at a step-by-step instruction to show you what using Neteller on betting sites entails. There are a few essential steps, and we’ll explain each one in detail.

  1. Open a Neteller account – Go to Neteller.com and click the ‘Join for Free’ button in the top right corner. A screen will now appear in front of you. At this time, only five bits of information are required on this screen. You can read the site’s terms and conditions once you’ve entered all of them before hitting the sign up button.
  2. Deposit money into your Neteller account – Your sports betting Neteller account will be formally created when you complete the previous step. However, you must give a little more information before you may deposit any money. You must include your complete address, birth date, and phone number. After that, you will receive a 6-digit code after that. Simply enter the information on the Neteller website and verify it. Finally, you’ll be asked to establish a password, which you will need to provide when you want to log into your account later. You’re now ready to deposit funds into your Neteller account.
  3. Choose a betting site that accepts Neteller – Although Neteller is not as well known as PayPal, it is nonetheless accepted by a wide range of bookmakers. You can choose from dozens of reliable Neteller betting sites. Obviously, researching all of those possibilities takes time. That is why we advise you to look at the list of the best Neteller betting at the top of this page.
  4. Deposit money into your betting account using Neteller – After you’ve registered your wagering account, making deposits is a breeze. To begin, simply click the ‘Login’ button and input your account information. Then, in the top menu, press Deposit. A pop-up window will appear with a list of payment alternatives. Choose Neteller and press ‘Deposit’ after entering the amount you want to deposit and the email address linked to your Neteller account. You will be directed to the Neteller login screen now. Simply fill in your information and approve the payment. You’ll be able to utilize that money to place bets as usual once it’s been processed.

Withdrawing from a sportsbook using Neteller

If you want to withdraw your winnings from a US online sportsbook using Neteller, it is just as easy as making a deposit. Just follow the steps provided below:

  1. Visit the cashier section of the sportsbook you are using.
  2. Enter the amount you wish to withdraw.
  3. Choose Neteller as your withdrawal method.
  4. Click ‘OK’ and follow the instructions.

How to withdraw cash from Neteller

Once the funds from the online gambling site have reached your Neteller, you might want to cash them out. There are mainly two ways doing this, and they are all described below:

  • Send the money to your bank account.
  • Buy cryptocurrency.

About Net+ Mastercard

The Net+ Mastercard is a virtual debit card that lets you use the funds in your Neteller account to pay for online services and goods, including transactions to online sports betting sites.

Only inhabitants of recognized countries are eligible for the Net+ prepaid Mastercard. It lets you use the money in your Neteller wallet to deposit on any betting site that accepts Mastercard. However, it cannot be used in stores or at ATMs since it is a virtual card.

Why bettors love Neteller

There are many things that make Neteller a favorable payment method for bettors, and below is a list of them:

  • Convenient – The Neteller website is well-designed and simple to navigate. Multiple currencies can be utilized or converted, and deposits and withdrawals are simple. It takes only a few minutes to connect this eWallet to gaming sites.
  • Secure – Neteller has a number of security features to keep your data and money safe. Military-grade encryption, backup systems, and a highly-secure data center are just a few of the features.
  • Data protection – Neteller assists in protecting your information in various ways. For example, all your personal information is stored in a secure information system. Your personal financial details and payment method are not shared when you make a transfer to or from one of our merchants.
  • Fast transfers – Neteller is one of the quickest ways to make a deposit at a sportsbook or a betting exchange. The majority of Neteller betting sites allow you to make fast deposits, allowing you to get started gambling online right away.
  • Special bonuses for Neteller users – Neteller punters may qualify for various bonus offers. Although this depends on specific betting sites, Neteller is your best chance of making a deposit using an eWallet and earning a bonus at your betting site.
  • Multiple currencies – Neteller provides its users with multiple currencies. With 26 major currencies, this is one of the best eWallets to use when funding your betting site in the US.
  • Widely accepted – Neteller is currently accepted by virtually every top-tier sportsbook. This allows you access to a large number of Neteller betting sites, considerably boosting your chances of choosing the ideal bookmaker.

Alternatives if the betting site doesn’t accept Neteller

If you would like to use another payment method than Neteller when sports betting, you have a variety of possibilities. Check out these other payment options for online betting sites that are just as popular, dependable, and secure:

  • Skrill betting sites – Skrill is a popular e-wallet that is owned by the same parent company as Neteller and is widely accepted as a top payment method on online betting sites. It works in a similar way as Neteller, allowing gamers to make withdrawals and deposits to their preferred gambling sites with no effort and the extra privacy of not having to provide their banking information.
  • PayPal betting sites – The majority of you are probably already familiar with PayPal, which is unquestionably one of the most secure and favored methods of doing online transactions. PayPal’s years of industry experience and success are proof of its reliability as a payment mechanism, whether you use it for online shopping or booking services like flights. It’s also recently become a banking alternative for secure deposits and withdrawals on US online betting sites.
  • Venmo betting sites – Venmo is a PayPal-owned online wallet that allows you to send and receive money from your friends quickly. It also serves as a social media platform for viewing, liking, and commenting on your friends’ latest payment actions. You may also use Venmo to fund your betting site.

FAQ

Is Neteller a safe way to play on betting sites?

Yes, Neteller is completely safe to use for anybody looking to play on betting sites. The fact that it comes with a two-factor verification method makes it safer than other payment methods that don't use the feature. Neteller also employs military-grade security, so that you may have the best security for your funds and personal information.

What’s the minimum deposit amount on Neteller betting sites?

Neteller itself has no minimum deposit limits, but the minimum deposit may vary from one betting site to the next. So if you are looking for the minimum deposit you can do with Neteller at the betting site you are using, contact their customer support team or look at the terms and conditions of their payment section.

What’s the maximum deposit amount on Neteller betting sites?

Most Neteller betting sites allow a maximum deposit of up to $10,000, but we recommend double-checking the operator's policy. The majority of betting sites in the United States have their own deposit limits. VIP customers may have higher deposit limits than regular customers. So, if you feel like you need to deposit more, it is best to contact your betting site and find out if they can increase your deposit limit.