Neteller Betting Sites February 2023

Neteller is a popular E-Wallet and in this article we will share reviews of our favourite Neteller bookmakers as well as a list of all the best ones. In addition, we provide information on the Neteller account opening process, how to deposit at Neteller bookies, and the pros and cons of using Neteller. We will also briefly outline some of the alternative payment methods to Neteller, to help you choose your preferred payment method.

Bookie Bonus Licence Opinions
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These places are paid by the bookies

5 Best Neteller Bookmakers

Not all bookmakers list Neteller among their accepted payment methods. So, we have done the research for you, and selected our top five bookmakers that accept Neteller as a deposit method:

BETDAQ

Welcome Bonus: £10 Free bet after a £10 qualifying bet.

BETDAQ is a betting exchange rather than a bookmaker as such but because of this they have some of the consistently best odds and can provide their customers with many betting markets for a large range of sports. They have a welcome bonus and ongoing Free bet offers both on the website and also sent out by Email.

✅Pros:

  • Wide range of In-Play markets with state of the art graphics and useful stats.

  • An excellent customer service team.

  • An exchange and also a sportsbook, with live streaming recently added.

Betfair

New User Offer: Betting exchange, traditional sports betting, and Casino bonus available.

Betfair is primarily a betting exchange but they provide customers with a host of gambling options all from one online account. They have a very large range of payment options and one of the deposit methods is Neteller. They have some of the very best odds if you choose the 2% commission tier, or the sportsbook also provides great value with all their ongoing bonus offers and promotions.

✅Pros:

  • Extensive live streaming service.

  • Virtually unlimited bet sizes on the exchange.

  • Regular price boosts in the Sportsbook and Free bet offers in the Exchange.

Betfred

Welcome Bonus: £60 of Free bets on qualifying bet settlement.

The best Neteller betting site is probably Betfred because of how good the overall betting experience is with such an easy to navigate website, a massive range of promotions updated every day, price boosts and getting paid in cash if you want to.

✅Pros:

  • Excellent range of Free bet promotions for existing UK customers.

  • Winnings can be withdrawn as cash from their shops for instant money in your hands.

  • Strict account verification when registering an account.

32Red Sport

32Red Sport have many existing user promotions, Free bets credited upon bet settlement.

The 32Red Sport brand began as a Casino site and they have maintained their great reputation with its bookmaking arm. They have a great range of sports to bet on a deep level of markets so you can bet on the minor leagues and not just the feature ones. They have a great in-play section and some exciting promotions for existing players.

✅Pros:

  • Fantastic Customer Service.

  • “Cash Out” option is available for most pre-match and in-play bets.

  • Large range of existing user promotions.

Betway

Betway are a rapidly improving UK online bookmaker who are beginning to take the place of a few of the older operators. They are delivering some of the best odds available on a massive range of betting markets, and have superb ongoing offers and excellent value price boosts for all players. They have in-play betting and live streaming of many sports and you can do it all on their excellent App.

✅Pros:

  • State of the art App with built in Cash out feature.

  • Betway Boosts are usually the best price available.

  • 24/7 customer support.

What is Neteller?

Neteller is a digital payment wallet that offers customers the security and simplicity of making online payments with just an email address and password. Funds can be uploaded and withdrawn as desired, payments can be made instantly, and using your Neteller account provides an additional layer of security, as none of your personal financial details are disclosed to the online sportsbook.

Most Neteller betting transactions to do with your sports betting account have no fee. It is free to deposit into your betting accounts and it is free to receive funds back from your betting accounts. However, should you wish to withdraw funds from your Neteller account back to your bank account, there is a flat fee of $10 (or currency equivalent) and a percentage charge for other withdrawal methods.

The charges Neteller imposes may make other E-Wallets, such as Skrill or PayPal, a more attractive option when withdrawing via bank transfer, as this service is free at both. Having said that, Skrill does impose charges for other payment methods, so it is worth considering which E-Wallet is best suited to your specific circumstances.

Some of the main withdrawal fees for each of the most popular E-Wallets are compared in the table below:

Withdrawal type Neteller PayPal Skrill
Bank transfer $10 Free Free
Mastercard / Visa Up to 3.99% Free Up to 3.99%

How to Create a Neteller Account

How To Create A Neteller Account.

A Neteller account is a very useful tool to have if you are online betting, as it allows you to put funds into a betting site without handing over your personal financial details. As payments to your betting account do not incur a charge, it's a worthwhile online payment service to have an account at.

In this section, we provide the ultimate step by step guide to creating your very own Neteller account:

  1. To begin, visit the Neteller website and click the Join for Free button, which can be found in the center of the homepage, or in the top right hand corner of the screen.
    Neteller Registration Page.
  2. Fill in the registration form with your personal details, signaling your preferred currency. You'll need to create a password of at least eight characters, including at least one letter and one number or symbol.

  3. In order to make and receive payments, you will now need to complete your registration by confirming some further personal details, depending on your nationality.

  4. Once Neteller has received all of the necessary information, they will send you a six digit verification code via email or text message, which you will need to confirm. This code is only valid for 15 minutes, so make sure you have enough time set aside to complete this action in one go.
    Neteller Registration Verification.

  5. Finally, you will be asked to set up a six digit Secure ID, which you will need in order to log in and to complete some transactions.
  6. If you would like to enable any further security features, you can do so within the Security section of your account, under Settings.

  7. Now all you need to do is deposit funds into your Neteller account, and you are ready to use it for online betting! It is best to use either bank transfers from a UK bank account or one of your debit cards, because if UK customers use a credit card to fund Neteller then they can not deposit money into a sports betting site.

How to Deposit Using Neteller

The exact method for depositing using your Neteller wallet at online gambling sites will vary depending on your bookmaker of choice, but it is generally quite similar each time. In this example, we have used Paddy Power to illustrate how to deposit using Neteller:

  1. First, log in to your account at your choice of gambling sites that accept Neteller.

  2. Click on the 'deposit' button.
    Paddy Power Homepage.

  3. Select Neteller as your deposit method.
    Depositing Using Neteller At Paddy Power.

  4. Enter your Neteller email address, and then the amount you wish to deposit.

  5. Click the 'deposit' button.

Payout Time When Using Neteller

Of course the payout time is important when the time comes for you to withdraw your sports betting winnings. Generally, receiving money via Neteller is instant and free of charge. However, the time it takes from you requesting a withdrawal from your betting account, to the money becoming available in your Neteller wallet,will vary depending on how quickly the Neteller betting site handle the withdrawal.

To find out the exact payout time for your Neteller withdrawal, you can check the Terms and Conditions of the online gambling site concerned, or consult their Customer Service team via Live Chat or Email. Once your withdrawal has been processed by the bookmaker, it should arrive in your Neteller account instantly.

Pros & Cons of Using Neteller

Neteller is one of several E-Wallets available to use at betting sites. In this section, we discuss the pros and cons of Neteller.

Pros ✅

  1. Neteller is a secure payment method; security is paramount at Neteller.

  2. Neteller deposits to an online gambling account are free of charge from Neteller side (but a bookmaker could still charge you).

  3. You can withdraw winnings from bookmakers instantly using Neteller (although this is constrained by the processing time of the individual bookmaker).

  4.  None of your personal or financial details are shared with betting sites, when using Neteller.

  5. Bookmaker names do not appear on your bank account statements.

Cons ❌

  1. You can not use Neteller as a payment method at every sports betting site.

  2. When taking advantage of Welcome Offers there are often payment restrictions, and Neteller is not usually accepted as an eligible payment method in this instance.

  3. Withdrawals from Neteller back to your bank account is likely to incur fees.

Alternatives to Neteller

While Neteller is a popular E-Wallet accepted by some betting sites, there are alternatives available. We list some of them here:

PayPal 

It's impossible to discuss E-Wallets without mentioning PayPal. PayPal tends to be accepted more widely by UK betting sites, although they do sometimes charge a fee on withdrawals from bookmakers, so it's worth considering that before using PayPal as a payment option.

Skrill

Skrill is owned by the same parent company as Neteller (Paysafe group), it is another popular payment option amongst online gamblers worldwide. Skrill charges zero fees on card deposits and bank withdrawals, and, like Neteller, keeps your personal information private. Payments are instant and all you will need is your Email address and Skrill password. However, not all betting companies accept Skrill as a payment method.

Sofort

A German company, Sofort is the number one bank transfer service in Europe, with plans to expand rapidly in the UK internet gambling sector, so it is an E-Wallet that you may come across more frequently in the future.

MuchBetter

MuchBetter is an up and coming smart payment app, which won a plethora of awards in 2021. The E-Wallet allows you to store, send and move money quickly and securely. There may be some fees incurred when withdrawing funds from your MuchBetter account, but this depends on the payment methods involved.

Conclusion

In conclusion, whilst Neteller customers can not use it as a payment method at all betting sites, there is no denying that Neteller payments are one of the most convenient and secure payment methods available to those looking to fund their betting accounts.

That said, while many betting sites will process Neteller deposits and withdrawals, it is worthwhile remembering that bettors will often need to make their first deposit via debit card in order to take advantage of bookmaker welcome offers. 

The top betting sites are… 

Here at Legalbet we have also categorised the top betting sites and their features to make them easier for you to find. They are:

By Sport: Football | Tennis | Boxing | Cricket | Snooker | Golf | UFC | Darts | Greyhound  | Rugby | Horse Racing | Basketball | Baseball | Formula 1 | Ice Hockey (NHL) | Volleyball | Cycling

By Payment Systems: PayPal | Skrill | Klarna | Boku | Debit Cards | Apple Pay | Paysafecard | Neteller | Google Pay | Prepaid Cards

By Features: Cash Out | £5 Minimum Deposit | Minimum Bet Sizing | Live Streaming Betting Exchanges | Safest | Fast Withdrawal | Daily Free Games

By Events: Politics | Superbowl

By Esports: CS:GO | Dota 2League of Legends | PUBG | Valorant

Neteller Betting FAQs

Are there any fees if I use Neteller?

This depends on the transaction involved. Online transactions at betting sites that work with Neteller are free of charge, but there may be fees incurred when withdrawing from Neteller back to your card or bank account.

Do all bookmakers accept Neteller?

No, not all online bookmakers take Neteller as a payment method. Check out the online betting sites featured in this article, to find those that do.

Is Neteller safe?

Neteller is a secure way to deposit funds into your betting account, because sensitive information such as your bank account number or debit card number are kept hidden from the online bookmaker.  

Neteller prides itself on its security - account logins, personal details and money transactions are all protected using Secure Socket Layer (SSL) technology with high security 128-bit encryption, certified by VeriSign.

How much is it possible to deposit using Neteller?

A Neteller deposit is limited by the amount of money you have in your Neteller account, and any deposit limits you have set at the bookmaker you are wanting to deposit at.

Is there a limit for withdrawals via Neteller?

Online gambling sites often have maximum withdrawal limits, but these may vary between bookmakers. Therefore, it is worth checking the Terms and Conditions or contacting Customer Services at your chosen Neteller betting site to find out.

What is the processing time for deposits and withdrawals?

The processing time for Neteller deposits varies depending on the payment method used. For example, debit card deposits are usually instant, but can take up to 20 minutes. However, bank transfer deposits generally take one to two working days to process. 

Do users get the Welcome bonus if they use Neteller?

This will depend on the Terms and Conditions of the specific online betting site and their individual promotions. However, in most cases, online bookmakers require deposits to be made via debit card, in order for customers to be eligible for a welcome bonus. This is true for both a sports betting Free bets welcome bonus and the new user casino bonus.

What are similar deposit options users have?

At online betting sites, similar deposit options that can be available to bettors include PayPal, Sofort and Skrill. 

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