NETELLER Betting Sites — The Pros & Cons Every Punter Should Know
In this article, we will be looking at one of the more popular eWallets while discussing its use at NETELLER betting sites. The company was originally set up in 1999 and is now widely used across a number of merchant platforms.
Online sports betting is an important part of the NETELLER setup and, here, we will look at its use for deposits and withdrawals while assessing any fees. Ultimately, we’ll round off with the advantages and any potential disadvantages of this payment method.
A look at NETELLER and Sports Betting
NETELLER is a payment gateway that will transfer a customer’s funds into a third-party e-merchant account to pay for a range of goods and services. It is also referred to as a digital wallet or an eWallet. To complete the range of financial services, it also has an option to sign up for a debit card.
In order to pay for those services, customers can transfer funds from their own bank account, or they can be paid for their own goods. They can also withdraw money into their accounts via certain merchants - e.g., NETELLER supported betting sites.
What betting sites use NETELLER? The vast majority of sportsbooks in the UK accept it for online betting. There are few exceptions, and it’s easy to check on this point.
Punters like to use the eWallet for many reasons: It’s quick and easy to carry out transactions, and there is an extra level of security because personal financial information is not shared with the retailer.
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How to Carry Out Deposits Using NETELLER
Using this funding method for betting with NETELLER is really very simple. The exact process will differ depending on which sportsbook that you use, but all bookmakers have similar procedures.
- Step 1
Firstly, make sure that you have funds in your NETELLER account and that you are logged in to your sportsbook account.
- Step 2
For online betting, you should now look at the top right-hand corner of the home screen. Here there will be a tab that is most likely marked as ‘cashier’ or ‘deposit’. Click on this and follow the instructions.
- Step 3
You’ll simply be asked to enter a NETELELR account number and the amount that you wish to transfer. Hit the button to confirm, and you’ve completed the simple process.
Withdrawing and Accessing Your Funds with NETELLER
Once you’ve made a deposit to an online betting NETELLER account, taking money out again will be very easy indeed. Once again, you’ll need to be logged in to your sportsbook account, and you should head to the cashier’s page.
You must have already used NETELLER betting for a deposit in order to make a withdrawal. Because the information is already here, there is no need to enter account details again. Just enter the amount that you want to withdraw and click on the submit button.
This eWallet Is Secure
We mentioned that there is that extra layer of security while betting with NETELLER, and that’s very important. When paying for goods and services online, none of your financial details are shared with the merchant.
But what about the site itself - are you safe when you’re logged on to your NETELLER account? The site has a whole page dedicated to its security measures, and this is usually a good sign. The latest anti-fraud tools and security software are in place, but the payment provider reminds you to update your browser to the latest available version. Overall, it should be perfectly safe and secure when betting with this payment method.
A Look at the Fees
As with all eWallets, we suggest that you check with the sportsbook concerned as to whether they charge any fees for this method. At most betting sites, it’s absolutely free, but it never hurts to double-check.
As for NETELLER themselves, they currently charge 2.5% to transfer funds to your account. For withdrawals, there are charges of £7-£10 to send money to bank accounts or other users. However, to reiterate, there should be no associated fees when using this method for NETELLER betting withdrawals.
Pros and Cons of Using NETELLER
Like all payment methods, there are advantages and disadvantages to using NETELLER sports betting companies. Overall, the pros outweigh the cons, as this table shows.
- Quick and easy to use
- Extra level of security provided
- Quick withdrawals
- Most betting sites do not add additional fees
- Most sportsbooks will not allow NETELLER to be used when accessing an offer or promotion
- Fees apply on transactions
It can be very quick and convenient to use NETELLER online betting, and there are very few downsides. There are those fees and the likelihood that you won’t be able to access promotions when you use the provider.
However, the security, ease of use, and fee-free usage at supported betting sites make this a good choice overall.
💵Q: Are there fees to use online betting NETELLER sites?
💬A: Your chosen sportsbook is unlikely to charge any fees for using this provider. However, there are fees charged for depositing into your eWallet account, so please check the payment provider’s website for the current figures.
💰Q: Is there a minimum deposit required for NETELLER?
💬A: You should check your individual sportsbook for details of NETELLER minimum deposit betting. The figure is likely to vary between £5.00 and £10.00 depending on which bookmaker you are signed up with.
🔒Q: Is NETELLER Safe?
💬A: NETELLER have effective systems in place, which are outlined on their dedicated security page. However, it is recommended that you always update to the latest version of your browser.