Neteller is a name long associated with the online gambling industry, but because so many sportsbooks accept Neteller, it can be tough to work out which of the sportsbooks is best. That's where we come in! By reading this page you'll discover exactly which sites are best, plus everything you need to know about Neteller from what it is, to how you can make a deposit.
On this page you'll find out:
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Neteller is an e-wallet, so it's perhaps a good idea to look at e-wallets as a whole first. They are virtual wallets, and you can load money into them via a bank account. The money then stays safe and secure inside your virtual wallet, until such time as you want to spend the cash. Most online gambling websites accept Neteller as a valid form of payment.
Neteller itself was founded in 1999 in Canada. It attached itself to the gambling industry early, and in 2000, 95% of the company's income was coming from gambling transactions. This dropped dramatically when the US banned online gambling, so Neteller had to find a new way to make money. Now Neteller is owned by the British company Paysafe Group - the same company that owns Skrill, Neteller's biggest rival.
It really couldn't be easier to make a deposit to an online betting site using Neteller. Just follow the simple steps listed below…
There are a few different advantages to using Neteller, however the biggest of them concerns security. There are some who simply don't like giving their banking details out online and would prefer to only do it once. This is exactly what happens at Neteller, as they are essentially a middleman. Only Neteller will ever know your banking details, and the different online gambling sites you use, won't.
Another advantage is the speed of transactions. Like all other good payment methods, deposits are instant, however Neteller withdrawals can sometimes also be instant - most other banking options have a withdrawal time of around two days. Neteller isn't free, however the fees aren't unreasonable.
So why should you trust what we have to say?
First and foremost, we're not owned by any other online gambling websites. This means that we can say anything we want when reviewing any site, regardless of whether this is good or bad, so every review we give is completely honest.
We're also staffed by knowledgeable bettors who have a passion for the sports betting world, and we think that this comes through in our well-researched reviews. Importantly, it's totally free to use our site, too.
Neteller can be trusted by everyone using it. This is because they have some really strong security systems in place, the first of which is two-step authentication. This means that you'll need to get a code from your smartphone every time you log-in, making it very tough for fraudsters to access your account.
Neteller is also authorised by the UK Financial Conduct Authority (FCA) and this means that the way in which your money is stored is incredibly robust, and that it's also available whenever you happen to need it. The fact that so many people from around the world use Neteller is very encouraging!
Neteller really is one of the top ways to fund an online gambling account. The many advantages to using Neteller include the speed of the transactions, the security it offers, and how incredibly easy it is to use. If you're thinking that Neteller could be a great payment method for you, simply get yourself a free Neteller account and then sign-up with one of the many online gambling sites we've recommended on this page!
If you have a question about online gambling in Canada using Neteller, please take a look through our list of handy FAQs. If you still can't find what you're looking for, please feel free to drop us a message, and one of our team members will get back to you as quickly as they can.
Neteller has become embroiled in the politics of online gambling in Canada, and this means it has restricted its services to some of those looking to gamble online. It's still worth trying to deposit using Neteller, but if it doesn't work, there are many of other options.
When you deposit at an online gambling site using Neteller, you should find that the money is transferred to your account almost instantly. Withdrawals usually take 48 hours for the site to process, however there are some sites that offer instant withdrawals for those using Neteller.
Neteller is an incredibly safe way to deposit and withdraw funds - if it wasn't, people wouldn't be using it! You'll find two-step authentication offered to all Neteller account holders, plus the company spends a huge amount of money on keeping customers safe with robust security tools.
Yes, there are some charges when using Neteller, however they aren't massive. You will pay a small fee for depositing money into a Neteller account, however it's then free to spend this money at gambling websites. Any winnings can be transferred back to a Neteller account and then sent to a bank account for €7.50.
Yes, Neteller can also be used to make withdrawals, and it is sometimes the fastest way to get your hands on your money. This is because some sites offer instant payouts to those withdrawing using the Neteller option.
The first thing to do is head over to the Neteller site, before then clicking on the “Join for free” button. You'll then be asked to fill in some information - don't worry, it's all protected by high levels of security. Once this information has been provided, you'll be able to activate your Neteller account.
Net-el-ur. Easy! Regardless of how you say it though, this company remains one of the best ways around to deposit and withdraw at online gambling sites.