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Whether you’re an expert at betting or new to it all, there’s one thing we have in common and that’s finding a safe, secure and reliable site. But have you considered the banking method that you’re using? Providing details to various online sites for the best odds, means you’re parting with your bank details over and over again. Cash Out Betting Sites are here to bring you the best ways to bet, so let us tell you more about the top banking method and the sports betting sites using Neteller.
If you’ve never heard of Neteller we’d be surprised, because it’s the most commonly offered banking method at online betting sites; after debit cards. Its growth has a lot to do with the increased fears people have over safety of their financial information online, but also due to its sheer simplicity. Add in the fact that many of the top sports betting sites use Neteller, probably ones you’re already registered with.
You can access Neteller by clicking on the green logo in the banking area of your chosen sports betting site. At this point you will be required to register and provide bank details, but this is for Neteller only; not the betting site.
How to Deposit using Neteller at Bookmakers
You have a choice of the way in which you would like to add credit to your Neteller account, whether this is good old debit card, Paypal or even Bitcoin. What you will notice is that below each option is a percentage fee for handling the transaction.
So if you were to add credit to your Neteller account using debit cards, you’ll pay between 1.9 – 4.95% extra; depending upon the branch of bank you use. Neteller also offer the ability to make a deposit at betting sites that accept prepaid cards.
Once the money is in your Neteller account you can use it on whatever sports, bingo or casino sites you choose which accept Neteller; with no additional fees. Meaning you can quickly fund your betting account and place that Win Draw Win bet in a matter of minutes.
Withdraw using Neteller Bokmakers
If you decide that you want to withdraw credit from your Neteller account, maybe back to your bank account; then there is again a small transaction fee.
Using Neteller at sports betting sites to make a fast withdrawal of your winnings is handy, especially if you usually bet using phone bill or use Google Pay bookmakers. This is due to the fact that profits cannot be withdrawn using either of these methods.
We’ve found that for many who use this banking method, it’s the ability to wager on a number of gaming or betting sites which is the real bonus. We understand that the idea of paying a percentage fee is off putting, but we can assure you that the benefits far outweigh the costs.
Benefits of Neteller Betting Sites
- Increased banking safety and security, because you only need to give your bank details once to Neteller and all funds are stored on an e-wallet,
- It’s not just the online sports gaming giants who are fans of Neteller, because many other online companies provide this as a banking method,
- Because your gaming credit is in your e-wallet, you’ll find registering and funding any of your betting accounts is quick and easy; especially if you prefer crypto sports betting.
Neteller now accept Boku pay by phone bill
One method of banking we haven’t touched upon is pay by phone bill and this is where sports betting using Neteller, will really stand out.
Pay by phone bill is a depositing method through the company Boku and means that you can charge your betting credit to your mobile phone bill. As well as improving your security even further, because you only have to provide Boku with your 11 digit mobile number. You can also balance your money more effectively throughout the month.
Boku is even easier to register with than Neteller, but sadly the industry hasn’t quite seen the light over its many benefits; so this is a sneaky short cut we had to share with you. Yes there is a fee when you add credit from Boku to Neteller, but imagine not having to pay off the balance until your next mobile bill comes through!
If you’d prefer to use Boku mobile billing only, then we have discovered a couple of sports betting sites who offer it; these are BoyleSports and Netbet.
Bitcoin Payments with Neteller
This is an interesting move for Neteller and definitely one that cryptocurrency fans will find appealing. But as innovators in online gambling payments, it is not a surprise that they have ventured in to crypo.
Bitcoin and Cryptocurrencies have seen significant growth in the last few years, with more and more coins being developed. But Bitcoin is still holding it’s position as the strongest and most reliable.
The move by Neteller to add the ability to make Bitcoin betting payments adds even more credibility to the popular digital currency, introducing them into mainstream gambling and not just crypto-specific sites.
All you have to do is transfer your crypto to your Neteller account and convert it in to your local currency, this then gives you the ability to bet at any gambling site you want.
Alternatives to Neteller Betting Sites
If you are not convinced by Neteller betting, it’s not accepted in your country or the betting sites accepting it don’t appeal to you, then you may be looking for an alternative depositing method. Below is a list of payment methods that are accepted in the UK and other territories.
The above payment options are among the most popular after bank transfers and debit cards. They also don’t have the long processing times like standard banking. So feel free to see if any of these align with your preferences.
Some bookmakers have also taken to creating their own payment options, which come with extra benefits. These include;
The only issue with using the above is pretty obvious, you have to have an account and they can only be used at those bookies.
Summary of Neteller Betting Sites
We’re sure your head is swimming after reading this, so head on over to whichever sports betting site grabs your attention and check the banking methods further. Each sports site offers incredible welcome bonuses and odds, so it’s just ensuring you get the right one for you!
Welcome bonus and transaction fees stated in this article are subject to change.