Here, we’re opening the floor to showcase those online betting sites who accept Neteller. This covers everything you need to know about how they work and their key pros and cons. We’ll give you the lowdown on making Neteller deposits and withdrawals, along with useful insights into the drawbacks and limitations of this particular payment provider.
While there is plenty of appeal in terms of using Neteller for sports betting, it’s fair to say that this ewallet is far from being widespread among sportsbooks in the US. So here are three online sportsbooks who can be counted on to feature plenty of alternatives to Neteller that you can use to fund your sports bets:
While DraftKings doesn’t take Neteller just yet, the brand will let you make deposits via debit cards, credit cards, bank transfers, PayPal, Play+, check or even at the partnered casino cages. Of these, PayPal is probably the closest option to Neteller, and you can make your deposits with the ewallet from a minimum of $5.
The best thing is that if you deposit $5 at DraftKings for the first time, you can use these funds to make a $5 opening bet, and this will quality for the welcome offer that gives you $150 in bonus bets to play with,
Once you have made some winnings, you can then make a withdrawal straight back to your PayPal account. Just remember that the minimum deposit amount is set at $20 and that it might take DraftKings up to three working days to process your payments.
Multiple betting options. 20+ sports represented. Solid welcome bonus. T&Cs and 21+ apply
This is another market-leading online sportsbook who has yet to implement Neteller among its payment options. Not that FanDuel is short of accepted payment providers as you can use everything from credit and debit cards through to ACH bank transfers and PayPal. Once again, PayPal is your closest option to Neteller here, and you can make your ewallet deposits from a minimum of $10.
FanDuel also lets you make your withdrawals back to PayPal, and you can usually do so from a minimum of $10 at a time. The best thing is that this sportsbooks is lightning fast for its payouts with most ewallet transactions going through in less than 24 hours. All of this has us hoping that the brand makes the move to accept Neteller sooner rather than later.
Wagering Needed (WR): New Users – Bet $5 Get $200 in Bet Reset Tokens for 5 Days. (Up to $1,000 Bet Reset Tokens). T&Cs and 21+ apply
Not only is Caesars a great place for sports betting but it also accepts ewallets for deposits and withdrawals. At the moment, these ewallet payment options are restricted to just PayPal, but hopefully it’s just a matter of time before Neteller joins the fray.
Once it does, you should find that you can make your deposits from a minimum of $10 at a time and most payments should go through almost instantly. Once you’re ready to make a withdrawal, you should find that ewallet withdrawals will be processed in under three working days. So here’s hoping that Caesars makes the moves to start accepting your Neteller payments.
Wagering Needed (WR): 1x Deposit. T&Cs and 21+ apply
You can pretty much use whichever payment method for betting online you like. But the question is, is Neteller still as good as it was once? Or should you ditch it in favor of its closest rival and opt to bet at Skrill sportsbooks instead?
Well, here are the pros and cons of betting sites that accept Neteller, so you can decide for yourself whether this payment service is worth a punt.
We’ve got to take the same approach as we did in our guide to betting sites accepting Visa which means lifting the lid on some of Neteller’s potential pain points, of which there are a few doozies you need to know about.
One of the biggest drawbacks of using Neteller is the fact that a 2.99% fee applies to each outbound transfer you make – a bit of a turn-off when you consider that deposits are free when using the likes of PayPal. Granted, you won’t pay fees when receiving money into your Neteller account, but the nearly 3% deposit transfer fee still stings a little.
The other slight downside to using Neteller is availability. Sure, we pointed out its respectable coverage in the section above, but in our experience, Neteller is still tricky to come by on online sportsbooks, which are less likely to accept ewallets than their online casino counterparts.
It’s time to get down to the bare essentials and show you how Neteller works in relation to your favorite betting sites and betting payment methods.
| Step 1 | Don’t have a Neteller account yet? Then that’s your first port of call. Simply hit up the official Neteller site, tap the “Sign Up Now” button, and you’re in business. We’d recommend downloading the nifty Neteller app onto your smartphone, too, as this is by far the best and easiest way to manage payments on the move. |
| Step 2 | Once you’ve created your Neteller account, you’ll want to load it with cash that you can use on compatible betting sites. There are tons of flexible payment options available here, so it’s just a case of choosing the one that suits you and following the steps to get those funds on board. |
| Step 3 | With readies burning a hole in your Neteller-marked pocket, you’re all set to get started with a new sportsbook. Choose one of the brands listed in the banners on this page if you like – they’ve all been vetted by us to make sure they work for you. |
| Step 4 | Get registered with your new sportsbook and follow the steps to verify your account. Then, simply head to the cashier page to launch up the deposit screen. |
| Step 5 | Select Neteller from the list of payment options available before inputting the amount of cash you’d like to add. You’ll then be transferred to the Neteller portal to complete your transaction, where you can also review how much you’ll be liable to pay by way of the 2.99% cash transfer fee (growls). |
We should say at this point that you’ll need to make deposits via Neteller to qualify for withdrawals using the same banking facility. Here are some step-by-step tips on withdrawing cash via the ewallet on your preferred sports betting sites.
| Step 1 | Tap through to the cashier screen to kick-start your cash withdrawal. You should be able to have a goose at your current bankroll along with any outstanding bonus bet credit. When you’re ready, hit that shiny “Withdraw” button – always a great feeling. |
| Step 2 | Once the withdraw screen has booted up, select Neteller before inputting the amount you would like to cashout. |
| Step 3 | Confirm the withdrawal amount and proceed to the next step. At this point, the Neteller portal should pop up again, allowing you to finalize the business end of the cashout process. |
| Step 4 | All gone through OK? Then you should expect your winnings to land in your Neteller account within 24 hours, although this may take 1-2 days depending on your bookmaker’s standard processing time. |
There are lots of things to like about Neteller from a sports betting perspective. Fast transaction times ensure a roundabout of cash in and out of your sportsbook bankroll, while watertight security offers peace of mind. Sure, we aren’t hot on the fact that the ewallet charges $2.99 on top of every payment you make, but considering that no fees apply to withdrawals, this isn’t the absolute dealbreaker that it first appears.
If you like the sound of Neteller, be sure to check out our recommended bookmakers in the banners around this page, along with their exclusive sign-up deals and sportsbook bonuses. Because while you may know Deadspin as a purveyor of excellent sports features and insights, including the latest hockey news, we’re happy to wax lyrical about our favorite sportsbooks too.
100%. In the world of online gambling, Neteller has been there, done that, and got the t-shirt, along with the best Visa betting sites. The brand started facilitating payments between bettors and bookmakers in the late 1990s, so you can rest assured that it’s a safe and reputable place to put your dough. And if that’s not enough, Neteller has a ton of top-spec security features that should put your mind at rest – from 256-bit military-grade encryption to active IP and transaction monitoring.
There’s no reason why you shouldn’t be able to pick up a bonus or two when using Neteller as your primary payment option at betting sites. In saying that, we should point out that some bookies may bar you from accessing welcome deals if you’re depositing via Neteller, as they’ve been stung by bogus ewallet users in the past.
In our experience, they’re pretty darn speedy. Deposits tend to clock in at, well, instant, while withdrawals usually drop in within 24 hours on average – about in line with other ewallet services.
If you aren’t 100% set on Neteller there are plenty of similar services out there that we can recommend, including PayPal, Skrill betting sites, and good old Visa.
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