Since their debut on the Canadian market between the 1990s and the new millennium, online sports betting has continued to evolve at an incredible pace. One of the best examples of this has been the constant growth of payment methods. Today we have many strings to our bow, including the Neteller betting sites. We will see the pros and cons of Neteller, how to use it and – below – which are the best bookmakers that offer Neteller:

What is Neteller

Neteller is an e-money service that allows for transferring money to and from merchants, such as forex trading companies, social networks companies, online betting sites, and online casino websites. Money can be withdrawn directly through the Net+ card or transferred to personal bank accounts. Neteller is owned and operated by the British global payment company Paysafe Group, along with former competitor Skrill and prepaid payment method paysafecard.

Below we will see the best betting sites that offer Neteller as a payment method, divided by category:

Why use Neteller for betting

The collective term for payment methods like Neteller is eWallet. As the name suggests, these are purely online. This is the most obvious difference between them and more traditional options like a credit card or bank transfer.

eWallets started gaining popularity in the early 2000s. The most famous name, of course, is PayPal. Neteller actually came out in the same year as PayPal (1999). So why should you use Neteller betting sites in particular over other options?

To start with, Neteller betting sites are incredibly easy to use. Later on, we will see how to register and start using Neteller betting sites. The current Neteller website is extremely simple, and making deposits and withdrawals on Neteller betting sites could not be easier. Overall, it is simply a more user-friendly solution compared to more traditional payment methods.

Neteller is also an extremely secure payment method. A whole range of powerful security features are available, which we will explain in more detail shortly. Overall, we can trust and rest assured, knowing that our money is protected 24/7. Once they are on our game account on one of the Neteller betting sites we have recommended above, of course, the responsibility of dealing with the money passes to that bookmaker.

The main features of Neteller betting sites

Let's not waste any more time and dive straight into the heart of our article. We will begin our analysis of the Neteller payment method for online betting sites by looking at the maximum and minimum deposit and withdrawal limits, how long it takes for reloads and withdrawals, and what fees are involved.

Using Neteller in online bookmakers: timing, costs and ceilings

As we mentioned earlier, the main factors to consider when choosing a payment method for online betting sites are timing, costs, and limits. To make it easier to understand the use of Neteller, we have created a summary table of the best Neteller betting sites:

As it is possible to notice, there are many differences that characterize this payment method, especially from one bookmaker to another. For example, the only ones that provide immediate deposit are LeoVegas and Bodog, while with others you will have to wait even a few working days before seeing the funds actually credited to your gaming account. However, what stands out the most is that two of the bookmakers included in this table do not allow you to withdraw your winnings via Neteller, a factor that should not be underestimated if you want to use this payment option for both deposits and withdrawals.

However, the positive side is the complete absence of fees, both for deposits and withdrawals, for all bookmakers except LeoVegas, which incurs small postage charges. Finally, regarding the maximum and minimum limits, the various Neteller betting sites propose very different figures, with Bet365 and Bodog even having no maximum limit for recharging their gaming account.

The best betting sites that accept Neteller

One of the most important decisions to make when choosing the best online bookmaker is that of payment methods. Making deposits and withdrawals in an easy and fast way is always a plus for any betting site.

Let's immediately reassure the readers of trendsnow by stating that the vast majority of Canadian AGCO bookmakers (or at least those presented on this page) accept Neteller as a payment method, including for claiming the welcome bonus.

Betting Bonus and Neteller

Another important point to always consider when choosing the best bookmakers is the compatibility between the chosen payment method and the promotional offers proposed by the various platforms. From the analyzes carried out by our team of experts, we can confirm that Neteller is compatible with all welcome bonus bets of most Canadian online betting sites.

Betting sites with Neteller, advantages and disadvantages

Let's now see what are the main advantages and disadvantages that users may encounter when using Neteller as a payment method on online bookmakers. One of the most interesting advantages is the ability to open accounts on Neteller even with bitcoins and foreign currencies.

But not only that: for more experienced users, it will be possible to control their movements and make transactions also through the online app, available on both mobile devices and PC web browsers. Regarding the disadvantage factor, we cannot fail to mention the fact that although it is widely accepted as a method of topping up the gaming account, some bookmakers do not allow crediting their winnings to Neteller, which could greatly limit some players.

Having said that, all that remains is to try out the Neteller betting site recharge service through one of our top bookmakers, Bodog:

How To Use Neteller For Betting?

Neteller is really easy to use. This is true regardless of your experience with other eWallets, Neteller itself, or Neteller betting sites. However, to give you an idea of what using Neteller betting sites entails, let's take a step-by-step guide.

There are six fundamental steps, and we will use LeoVegas-one of the best Neteller betting sites currently in circulation-as our example. If you don't have time to read in detail, we list all the steps briefly here:

1. Opening a Neteller account
2. Load Neteller account
3. Select the Neteller bookmaker (LeoVegas)
4. Deposit on LeoVegas with Neteller
5. Withdraw with Neteller on LeoVegas
6. Transfer funds from Neteller to account

 

So, now we are ready to discover in detail all the steps that we have just mentioned above.

Step 1 – Open A Neteller Account

Go to Neteller.com and select the “Sign Up for Free” option in the top right corner of the screen. You will see this screen:

Step 2 – Load your Neteller account

After completing step 1, your Neteller account will have technically been created. However, before you can actually deposit money, you need to provide some additional details. Specifically, you need to enter your full home address, date of birth, and a phone number. Afterwards, you will be sent a 6-digit verification code. Just enter it again on the Neteller website and click "Verify". Finally, you will also be asked to create a 6-digit "Secure ID" code, which may be required for your next account access.

Having done all this, you are ready to fund your Neteller account. Card and bank transfer are the two most important deposit methods. However, there are some other options, namely a prepaid card from Paysafe Group (such as Paysafecard) or Neosurf.

Click on "Deposit now" under the chosen payment method. Then, provide the required details (such as your card details if using Visa), enter the deposit amount, click on "Continue", and then click on "Confirm" to make the deposit.

Step 3 – Select the bookmaker with Neteller

Neteller may not be as well-known as PayPal, but it is offered as a payment and withdrawal method by many AGCO bookmakers. Searching for all these options obviously takes time. That's why we have included a list of recommended Neteller betting sites at the top of this page, so you can check out the full reviews for each betting site on Betting Trends now.

For the purpose of this guide, we assume that you have done your research on online betting sites compatible with Neteller and have chosen the excellent MansionBet.

Phase 3 – Deposit on LeoVegas with Neteller

Making deposits on LeoVegas after registering your betting account is extremely easy. To begin, click on the "Login" button and enter your account details. Then click on the "Deposits" button in the top menu. You will now see a pop-up window with a list of payment options.

Simply select Neteller, enter the desired amount, and click Deposit. You will now be directed to the Neteller login page. Simply enter your details and confirm the payment. Once processed, we will be able to use those funds to place bets as normal.

Step 5 – How to Withdraw with Neteller

Withdrawing funds from your LeoVegas account is as easy as depositing them. Users can use this payment method to make withdrawal transactions, provided they have made at least one deposit operation to their Gaming Account via Neteller. The withdrawal operation must be made with the same Neteller account used to make the deposit.

The withdrawn amount will be credited to the associated Neteller account, according to the usual processing times of the chosen payment processor and subject to the necessary verification for the safety of the Gaming Account.

Step 6 – Transfer money from Neteller to your account

With Neteller, we will have different options to make a withdrawal, such as bank transfers and even Skrill (another electronic wallet).

To do this, go to the 'Withdrawal' area on Neteller, find the chosen method and click on 'Receive Money'. If this is the first time you are withdrawing using this method, you will need to enter the details for it (such as your bank details for a bank transfer). Once done, enter the amount you wish to withdraw, then click 'Confirm'.

Security on Neteller betting sites

Practical, fast and above all secure. All payments made with Neteller are 100% insured, thanks to a 256-bit encryption and multiple firewalls. The eWallet complies with the PCI DSS (Payment Card Industry Data Security Standard) protection standards and, thanks to the 3-D Secure system, offers compensation for every transaction with Visa and MasterCard.

Neteller is committed to monitoring transactions. The digital wallet is protected by two-factor authentication. This is an additional security measure with a code sent to the smartphone, to be entered along with the email address and password.

All these security standards obviously need to be integrated with common sense rules valid for all online accounts. For example, it is always good to create complex passwords, made up of upper and lower case characters, numbers and special characters.

Updating your browser frequently, protecting your computer with firewall and antivirus, and avoiding the use of public computers in libraries or internet points helps to prevent fraud. Always remember, finally, to log out of your account once the transactions are completed and to regularly check the transaction history to identify any suspicious activity.

The alternatives to Neteller

However, after reading this article, you may still not be 100% convinced that Neteller is the payment method to use in online bookmakers. No worries, there are many other options available for you to choose from.

From traditional bank transfers and credit cards, to electronic wallets such as Skrill and PayPal, and even BancoPosta; there are truly many payment methods accepted by Canadian online betting sites, so you just have to decide which one best suits your needs.

Conclusion

We have come to the conclusion of this article focused on Neteller for betting sites. As we have seen, it is a very common payment option in Canadian bookmakers, which has mediocre timeframes and very high deposit and withdrawal limits. It is also very good that you can take advantage of the full range of promotions offered by various platforms using this method, although there is not yet a bonus exclusively dedicated to those who decide to deposit with Neteller.

Another Pro that particularly convinced us is the security factor which, as we have seen, guarantees users to proceed with various transactions while being 100% safe. In short, it is a promoted payment method, also because of the extreme simplicity with which it is possible to open an account, thanks to the many accepted currencies, even Bitcoin.

The best betting site Neteller

Frequently Asked Questions Neteller Betting Sites – FAQ

What are the best Neteller betting sites?

As we have seen, there are many betting sites that accept Neteller as a payment method. In our article, we have mentioned some of them, so we recommend referring to those.

Is it possible to play special bets using Neteller?

Of course. Neteller wallet is one of the payment methods with which you can recharge your gaming account and place special bets, if provided by the reference bookmaker.

How to make withdrawals on Neteller betting sites?

Withdrawing funds from Neteller betting sites is really simple. The steps to follow are very easy, and we suggest you to check the dedicated paragraph that you can find in this article.

What are the main Pros of Neteller betting sites?

The advantages of using BancoPosta are various, but we were particularly impressed by the significantly high deposit and withdrawal limits, the lack of commissions, and the high level of security that accompanies users during each transaction.