Bookmakers offer various methods of depositing and withdrawing money but which is the best for you? You can use your bank cards but sometimes it’s better to have a separate account for gambling. One fast and secure method to move money online is through Neteller, which is one of the world’s largest independent money transfer companies and was set up in 1999 to provide an online alternative to traditional payment methods.
Everyone has their own tried and trusted favourites but there can be catches or costs involved in certain payment methods. Most of the big brands accept this payment method so our OpenOdds Neteller review for 2016 will look at the ones which offer the best deal for you.
- There are several UK betting sites that accept Neteller.
- What are the Neteller funding requirements for each bookie?
- How can you use Neteller to fund your UK betting account?
- Is it easy to make deposits and withdrawals at betting sites with Neteller?
- Some bookmakers’ sign-up bonuses are not available with Neteller
Online Betting Sites That Accept Neteller
What is Neteller and how can I use it at the bookmakers?
Neteller was founded about 10 years ago by Paysafe Financial Services Ltd which, in turn, is owned by the Paysafe Group PLC, authorised by the Financial Conduct Authority in the UK. When you sign up for a Neteller account, you can add, withdraw and transfer funds to and from other Neteller customers. After completing your Neteller sign up, you can get a Net+ Prepaid MasterCard to use in a wide variety of shops or to get instant cash at ATMs around the world. You can use Neteller Money Transfer to instantly move money online. It is free to join but you will pay a fee for depositing and withdrawing money from certain banks or cards.
The Neteller digital e-wallet service is an ideal deposit & withdrawal method as it allows individuals to fund their online betting accounts and is a great way to keep all your betting transactions in one place, away from your usual bank or if you fund your betting account from several different sources. It is quick to sign up but you will need to pass the ID and verification checks to open an account by clicking the ‘verify your identity’ link and following instructions by creating security questions and uploading ID documents. This can take up to three days. Funds can clear quicker than they would through bank transfers or card payments so you can start placing your bets much sooner.
Neteller vs PayPal: Which is best for online gambling?
Neteller looks like a speedy service for sorting out your gambling needs but doesn’t it sound very similar to PayPal? Well, there are similarities but Neteller does have advantages, so let’s take a quick look at Neteller vs PayPal. Obviously PayPal is the bigger and better-known e-wallet with more than 128 million accounts but it is not on offer at several online betting sites, so Neteller is hands down a better option for bettors.
Also, Neteller offers a VIP programme for loyal customers and PayPal does not. You’ll pay a considerable fee to be a VIP but for big-time and professional gamblers it is worth it with next-day bank transfers, 100% fraud guarantee, exclusive discounts on fees and higher limits on transactions and withdrawals.
Where can you look for online betting sites that accept Neteller? In this section, we are going to look at the best online betting sites with Neteller, outlining the advantages and disadvantages of using this payment method at the bookies. These are among the Best UK Sports Betting Sites in 2016.
Coral is one of the top UK bookmakers with its vast range of sports, especially football, horse racing and greyhounds, along with its games, slots, bingo, poker and casino. It’s no wonder that so many people want to sign up with Coral, so how does this bookmaker with Neteller stack up?
The advantage of using Neteller with Coral is that you can connect your bank account, debit and credit cards to the digital wallet and use them to play online, without having to reveal your financial details. Select Neteller from the deposit link, choose the amount you wish to deposit – the minimum is £5 – and you will be redirected to the Neteller website. Simply log in or create an account and follow the instructions. Your funds will then be credited to your Coral account immediately. The minimum you can withdraw is £5 and it can take up to 24 hours, which is quicker than bank transfers or using cards as they can take from two to five working days.
Ladbrokes is a favourite on the high street and it’s pretty hot for online betting too with great sports – including in-play and streaming – games, slots and lottos. It is also one of the online betting sites with Neteller. You can even wager on favourite TV programmes such as Strictly Come Dancing. Conditions of this bookmaker with Neteller include a £10 minimum deposit which drops instantly into your account. Withdrawals are also £10 minimum and take at least six hours to land in your account which we think is exceptionally fast. There’s a great £50 free bet promotion to welcome new customers too but unfortunately bets placed with Neteller don’t qualify.
We love 10Bet and were enticed by its new customer offer of up to £200 welcome bonus but unfortunately customers who deposit with Neteller are not eligible for it. One way around this however could be to sign up with a card, claim the deposit and then switch to your Neteller account. The minimum withdrawal is £10 and it takes one or two days to process, which is quicker than PayPal which takes three to five days. The minimum deposit is also £10 and goes into your account straightaway so you can start using your 10Bet account immediately.
888 is a top sportsbook for football and horse racing with live coverage of all UK and Ireland races plus race tips and previews. We were pleased to see that 888 is one of the online bookmakers that accepts Neteller and that it’s simply a matter of entering your information. When you make an initial deposit you will need to enter your Neteller secure ID or authentication code plus account ID or email address. Deposits must be £10 or more while withdrawals start at just £3 and can take two to three business days. During the processing period, which is one business day, you can cancel the withdrawal request to have the money returned to your bankroll. Unfortunately, while 888 has a great welcome offer to get treble the odds, members depositing with Neteller are not eligible for this promotion.
Betfair’s a great choice for in-play and its price rush where the sportsbook gives the best odds for singles betting. You can get a price rush where Betfair will increase your bet to higher odds, thanks to the Betfair Exchange. Like most big bookies, Betfair is a bookmaker that accepts Neteller with impressive withdrawal speeds of between 12 hours and 24 hours on a working day. You can make deposits with Neteller or open a Neteller account to use this feature. Neteller also has a quick bank transfer, where you select the Money In link on the Neteller website and choose the quick transfer option. However, the opening offer of 3 x £10 free bets when making a qualifying bet is not an option if you open your account with e-wallets including Neteller.
Betfred is a fun bookie with a wide range of bets on sports as well as great games to play. With so much going on, you don’t need to go anywhere else. It’s easy to work your way around the site and to watch plenty of live sports. Betfred is another bookmaker that accepts Neteller as a payment method but it only allows one free deposit a day. Additional transactions may be subject to a 3% charge but this is discretionary. Again, Neteller customers are excluded from the opening offer of a £30 free bet + a £30 casino bonus, but once you have signed up there are plenty of other promotions you can use, particularly if you enjoy a wager on the horses or football. Terms and conditions apply.
As football fans, we admire BetVictor for its comprehensive coverage and the golden goal prediction game which is free to play as well as its bet boosts and chances to cash out. If you want to place a bet you can use e-wallets such as Neteller with funds credited to your account within one to three days. As an online bookmaker with Neteller, some conditions apply. The minimum and maximum deposit and withdrawal limits are £5 and £50,000 although customers may be given different limits. First deposits made through Neteller are excluded from the sign-up bonus offers. If you are outside the UK, there are a list of countries where Neteller cannot be used so it is a good idea to check first.
William Hill is one of the most respected bookmakers around and has a phenomenal number of in-play events in a wide range of sports every day. William Hill also boasts that it will not be beaten on price for certain betting selections on qualifying games. There are plenty of promotions and offers including a £5 free bet each week. You can use your Neteller account but will need to make a minimum deposit of £10 up to a £25,000 maximum with the money going immediately to your account. Withdrawals are between £5 and £30,000 and will be with you within one working day. William Hill says that because of abuse of free bets promotions, customers using e-wallets like Neteller do not qualify for these offers with their first deposit.
Paddy Power has a big new customer offer to get £30 in free bets but, again, this is not available with Neteller, but since this bookmaker has so much else going for it that we don’t think that it matters too much. Paddy Power is a fun, in-your-face sort of sportsbook with some great bets and live streaming. As an Irish bookie, it’s mad keen on horse racing and golf with some great betting offers available. So it’s good to know that you can sign up with Neteller with a minimum deposit of £5 which is immediately available for you to start betting. Withdrawals are super speedy to and take from one to four hours with a £10 minimum.
Vernons became famous many years ago for its pools coupon where families would sit around the TV or radio on a Saturday afternoon, listening to the football results come in and checking their coupons. It’s been around since 1925 and has seen many changes since then such as online gambling, live streaming, great sports’ bets, in-play and games to play. You can use your Neteller account to fund deposits and withdrawals for sports, casino and bingo games.
NetBet boasts a lot of different betting strategies and live betting, including e-sports, so it’s a good site to join. It specialises in sports betting plus offers a wide range of promotions, welcome offers and bonuses so you will want to keep on returning to NetBet. You can pay in via Neteller and bitcoin by Neteller to have instant money with a minimum deposit of £10 and maximum of £5,000. Withdrawals take from two to four days and, whilst there’s a minimum to take out of £10, there’s no maximum limit. Although not eligible for the welcome bonus, NetBet has many offers, special bets and partial cash out options to keep you interested.
Conclusion: Finding a bookmaker that accept Neteller
So, as we have shown, it’s easy to find an online bookmaker that accepts Neteller. It’s a fast way to make a deposit, easy to use and you don’t need to give your bank details. You can use your Neteller account strictly for UK gambling websites, if you wish, so you can see how much comes out and how much goes back in. Neteller is fast, secure and available at most of the leading bookmakers. The only drawback we can see of using a bookmaker that accept Neteller is that often you are not eligible for the sign-up bonus, which is a shame. But if you’re really interested in opening offers, you can read our Free Sign-Up Bets review to find out more.