A Complete Review of Neteller Betting Sites

One of the most important factors to take into consideration when looking for a new sports betting site is the payment methods on offer. The number of payment providers is available is irrelevant, instead the key factor to consider is this: does this site have a payment method I know and truly trust?

Some people are happy to trust bookmakers with their debit card details but using an e-wallet service such as Neteller is highly recommended as it reduces the amount of sensitive data you are sharing. That’s why Neteller betting sites have clear advantages when it comes to privacy and safety.

In this article, we’ll take a look at the best Neteller betting sites in the UK, while highlighting the benefits of using Neteller, some background on the company, as well as of course taking a peak at the betting sites that accept Neteller.

How to Deposit Successfully with Neteller

Neteller is one of the most popular payment providers among sports betting sites and you will typically find it available at nearly every respectable online bookmaker along with debit card options and a similar e-wallet provider, Skrill.

It is very easy to deposit at a bookie using Neteller. Simply navigate to the deposit section of the website and then select Neteller from your payments. Here you will need to select your deposit amount (normally at least £10). At this point you’ll be redirected to a Neteller window where you’ll need to connect to your Neteller account and confirm your payment.

How to Sign Up for a Neteller Account

Creating a Neteller account is free and – like other e-wallet providers – is easy. Simply head to the website and register an account – filling out some relevant details, such as name and address. You’ll also be asked how you’d like to add funds to your Neteller account going forward. You’ll also usually be asked to complete an identify verification task. Once you’ve done these few things, you’ll be ready to start making payments at Neteller gambling sites.

The Pros and Cons of Using Neteller

The big benefit of using e-wallet services like Neteller is that you don’t have to share your bank details when making a transaction. The entire service is also encrypted, so you can be sure of a very safe way to spend and receive money online.

While Neteller bookmakers are plentiful, there are two downsides to using this provider when betting.

The first is that Neteller applies a small transaction fee to all deposits and withdrawals when using the service, which is obviously disappointing. The second disappointment is that many bookmakers don’t offer welcome bonuses to those who deposit via Neteller or Skrill. This is one of the few real drawbacks of using the service at online bookmakers. However, in the long run, when the welcome bonuses are long forgotten, Neteller is one of the best payment providers you can use.

Nevertheless, Neteller remains a very popular payment method for betting online as it is convenient, quick, private and incredibly secure.

Paying with Neteller on Your Mobile

One of the highlights of using this payment provider is without doubt the excellent Neteller app, with which you can manage all of your account activity.

You can, of course, make payments using Neteller when using sports betting apps too – with payment methods typically the same across all devices (i.e. desktop, tablet and mobile).

Players are able to deposit and bet on mobile either through your mobile browser (such as Google Chrome) or by using a Neteller betting app. Choosing how to play on mobile largely comes down to personal preference, although many bookmakers reward those playing using the app with special exclusive offers from time to time. However, other people prefer not to download too many apps to their phone in order to reduce the pressure on the storage and just to keep their phone uncluttered, in which case you can bet via a mobile browser.

Safety and Security

When it comes to safety and security, Neteller is right at the forefront of the industry. In terms of keeping your personal data secure and private, this is an area in which this company particularly thrives.

What’s more, Neteller also makes use of 128-bit encryption technology to ensure that all data is protected away from prying eyes and certainly can’t be accessed by third parties or hackers.

As Neteller isn’t technically a bank, player funds are kept safe in separate trust accounts – meaning if everybody chose to withdraw all of their funds on the same day, Neteller would have the money available.

The History of Neteller

Neteller was founded in Canada in 1999 as an online payment system. The company, though, moved to the Isle of Man in 2004 and subsequently fell under the UK’s regulatory body, the Financial Services Authority.

Neteller is now part of the Paysafe Group Limited, alongside other popular betting payment providers, Skrill and paysafecard. The Paysafe Group is listed on the London Stock Exchange and the FTSE 250 Index. In 2016, the company had global revenues of around $1 billion.

Alternative Payment Methods

While there are plenty of payment options to choose from when betting online, it’s important to only deposit with providers you really trust. Neteller should certainly be considered one such company.

Other recommended providers to use at sports betting sites are Neteller’s sister brands, Skrill and paysafecard, as well as the global giant PayPal, cryptocurrency Bitcoin, and Apple Pay.

Conclusion

In conclusion to this Neteller bookies guide, there’s no doubt that this is one of the most secure payment methods, and one in which offers an excellent level of privacy to users.

Neteller betting is extremely easy, all the way from depositing funds and managing your account to withdrawing your funds at the end – although it is a shame that transaction fees are typically applied.

If you want to find the best Neteller bookmakers, look no further than NetBet, who offer a high-quality mobile experience and enticing customer offers. If you’d like know more about other payment methods, check out our comprehensive reviews on the latest betting sites.