Saturday, December 21, 2024

PayPal betting sites are highly popular with sports bettors because they offer a fast, secure, and easy way to transfer money to and from your betting account, all while keeping your financial information safe.

In this guide, you’ll discover the top UK PayPal betting sites for 2024, learn how to set up and use PayPal for betting, explore the benefits and potential fees, and compare PayPal with other payment methods.

What is Neteller?

Neteller is a third-party payment provider that lets you pay for goods and send money around the world. You can also access Neteller betting sites with just a single Neteller username and password. This simplicity enhances your overall betting experience, making it easier and faster to place bets. You can store cash in your Neteller e-Wallet from lots of different sources, including debit cards, current accounts, or even other e-Wallets.

Neteller also offers perks on a par with other e-Wallet providers like PayPal and Skrill. One notable perk is the availability of cashback offers, which can significantly boost your betting budget. You can apply for an exclusive prepaid MasterCard with low fees or join the Neteller rewards scheme to claim welcome bonuses. Moreover, NETELLER frequently updates its services to provide users with cutting-edge financial tools.

How Does Neteller Work?

Like Skrill, Neteller was set up in the early 2000s with online gambling payments in mind. Neteller provides a safe, all-in-one digital wallet where you can store cash.

You simply transfer Neteller funds to dozens of betting sites with one simple login. There’s no need to waste time registering debit cards with your bookmakers, either: simply click on the Deposit page and use your email and password.

In addition, you can apply for a Net+ Prepaid MasterCard to use online. Fund your card and make payments at online websites, send cash to bookmakers, or withdraw at a cash machine.

Setting Up a Neteller Online Account

  1. Visit the Neteller website or install the mobile app to set up an account
  2. Tap the REGISTER button to set your new Neteller account
  3. Enter your country of residence and preferred currency from dozens of options
  4. Register an email address and password
  5. Provide your home address and other personal details
  6. Log in and start connecting cards, bank accounts, and e-Wallets to your Neteller account. You’ll be set up with an Account ID and Secure ID to use for future payments

Can I use Neteller for gambling?

Yes, you can use your cash to spend at betting sites that accept Neteller. The e-Wallet provider has installed a gambling services check too. You must specify that your Neteller funds is earmarked for gambling. Without this stipulation, you won’t be able to send cash to the best Neteller betting sites.

It’s worth noting that betting with Neteller isn’t possible at all UK-registered bookmakers. You may have to fund your PayPal account first before making a deposit at your favourite Neteller betting operator.

PROS:
  • Zero fees on international money transfers
  • Virtual prepaid card & credit card available
  • Low minimum deposit limit of £10–£20
  • Trade cryptocurrency and make BTC withdrawals
  • Make payments at 1000s of online shops and Neteller bookies
  • Claim exclusive sign-up bonuses with Neteller partners
  • Neteller VIP with benefits inc. lower deposit fees
CONS:
  • High transfer fees on some payment methods
  • Not widely accepted at UK online casinos
  • Not accepted for some welcome bonuses

Benefits of Betting Sites with Neteller Payments

Neteller gambling sites offer a range of benefits in comparison to other online payment methods like debit cards and prepaid vouchers.

Neteller Member Benefits in the UK

You can claim a range of benefits before hitting the Neteller betting sites. For example, you can claim a virtual prepaid MasterCard through Neteller that you can use online. The first Net+ Virtual Prepaid MasterCard is free.

Plus, if you’re a Neteller VIP, you get lower Net+ transfer fees when you shop online. Other VIP benefits include:

  • Discounts on deposits and withdrawals at Neteller
  • Free money transfers for Silver VIP customers
  • Personal VIP manager
  • Invite-only bonuses & tickets to sporting events

Cryptocurrency Payments at Neteller

Neteller now provides secure cryptocurrency trading for customers. You can buy and sell over a dozen cryptocurrencies, including BTC and ETH. You can also withdraw cryptocurrency from your Neteller wallet to a bank account where it is converted into GBP.

Neteller Safety & Security

Neteller sports betting is a breeze with the e-Wallet provider’s security measures. Neteller uses the latest anti-fraud tools to protect accounts. You also have access to three IDs/passwords for added protection, and the option of using Two-Step Authentication for log-ins.

Best Neteller Betting Sites in 2024

  1. Bet365
  2. 10bet
  3. SBK
  4. William Hill
  5. BoyleSports
  6. Livescore Bet
  7. Betfred
  8. Kwiff
  9. Highbet
  10. The Pools
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How We Review Neteller Betting Sites

Here’s how we review bookmakers that accept Neteller to ensure they offer a great across-the-board experience for players.

Low-Cost PayPal Banking
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Neteller betting sites must offer fee-free deposits every time. It’s also important that minimum deposit limits are low enough to cater to everyday gamblers.  

Multiple Payment Alternatives
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Betting sites using Neteller should allow for a range of solid alternatives, such as Skrill or MasterCard. We visit the Cashier whenever we review any gambling sites that accept Neteller.

Bonuses & Free Bets
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Many bookies that accept Neteller won’t honour a welcome bonus if you make a first deposit with an e-Wallet. We’ll do that check for you when we compile our reviews.

Special Features
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It goes without saying that Neteller betting sites should offer familiar tools and features. You should be able to use the Cash Out betting service to settle wagers early. Plus, the best Neteller betting sites offer tools like Bet Builder and enhanced odds on in-play betting. 

Customer Support
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Good customer service is always a factor when we find out which betting sites accept Neteller. Neteller online betting sites must offer live chat support, phone help, and a detailed FAQ page.

Licensing & Security
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At Punters Lounge, we ensure that every Neteller bookmaker is licensed by the UK Gambling Commission. That way, you know that betting sites are properly regulated, audited, and checked for safety and fairness.

How to Sign up to a Neteller Online Betting Site

It only takes a few minutes to set up a new account before you start betting with Neteller::

  1. Read our expert reviews and choose a Neteller betting site
  2. Click on the claim offer button to be taken straight the betting site
  3. Fill in the registration form with your username, password, and other relevant personal details.
  4. Select Neteller as your deposit method
  5. Deposit funds
  6. Start Placing Sport Bets

Neteller Welcome Bonus Exclusions

Most UK bookmakers won’t let you claim a welcome bonus if you make your first deposit with Neteller. In fact, most e-Wallets, prepaid vouchers, or mobile payments are excluded from the permitted list. You must use a traceable payment method, such as VISA or a bank transfer, to claim a sign-up bonus.

how to deposit at neteller betting sites

How to Make a Deposit at Neteller Bookies

You can deposit at any Neteller betting site in minutes meaning you can start betting without any delays. Ensure you have a Neteller Secure ID set up and ready.

1. Log In and Open the Deposit Page

You’ll find the banking/deposit page at the top of the home screen. Log in and open the cashier page in your browser or via the app.

2. Make an Online Payment

Select Neteller from the menu. Next, enter your Neteller registered email address and the amount you want to deposit.

3. Complete the Payment on your Neteller Account

You will be redirected to the Neteller homepage where you can log in and confirm the transaction. Your funds will immediately be transferred to your sports betting site account.

4. Play Your Bonus

Once you’ve claimed your no wagering bonus, it’s time to enjoy your favourite slots – and hopefully, land some wins! Remember that winnings from no wagering bonuses are credited to your account as real cash, and you won’t need to complete any wagering requirements prior to withdrawing.

Some sites do require you to make a deposit before you can withdraw, however. This is more common when claiming no-deposit bonuses, but it’s still something to be aware of.

Making a Neteller Withdrawal from a Bookmaker

You can also make a withdrawal from a Neteller gambling site back to your e-Wallet. Here’s how to get started:

  1. Log in to your betting account and open the banking page
  2. Click on the withdrawal option to bring up a list of valid cash-out methods
  3. You can withdraw to Neteller provided you have used an e-Wallet to make a prior deposit
  4. Enter the amount you want to withdraw, plus your betting account password
  5. Your withdrawal is usually processed right away. However, Neteller betting sites may run a validation check that can take up to 48 hours to complete
  6. You may be asked to provide a scan of your verification documents to complete the Neteller withdrawal. These include:
    • Valid driver’s licence
    • Passport photo page
    • Utility bill
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How to Choose Bookmakers That Accept Neteller

We’ve shared our criteria for picking out a place for sports betting with Neteller. How about your own preferences? Here are some areas you may want to consider:

Banking Options
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We recommend having a few alternative payment methods to hand if Neteller isn’t accepted. For instance, you may want to deposit with Visa so you can claim a welcome bonus. Then, you can use Neteller for subsequent deposits. 

Betting Markets
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Decide whether you’re going to bet big or small with Neteller betting sites. Minimum deposit limits are important, as they dictate how much you must load into your account at one time. 

Bonuses & Features
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Research the bonuses on offer before you start betting with Neteller. Make sure they’re right for you before you commit. 

Mobile Betting
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Betting sites accepting Neteller should offer top betting apps so that you can gamble on the go. Check out the mobile options on offer before deciding where to sign up.

Are there fees for Neteller sports betting?

While Neteller bookmakers won’t charge to transfer funds. However, you may be charged when funding a Neteller e-Wallet.

Fees vary depending on the payment method you use to send cash to your Neteller account. Here are some common fees for making Neteller deposits:

  • International money transfer 0%
  • Prepaid MasterCard 0%
  • Bank transfer 1%
  • VISA 2.5%
  • VISA Electron 2.5%
  • Maestro 2.5%
  • MasterCard 2.5%

It’s free to receive money in your Neteller account. However, withdrawal fees apply when you cash out from your Neteller e-Wallet account. It costs up to 7.5% to cash out to a VISA card, and 3.99% to transfer to MasterCard.

Get the Best From the Punters Lounge Forum

Don’t just take our word for it: you can hunt down the best online betting sites with the world-renowned Punters Lounge Forum. The PL forum has been running since 2000 and offers top tips and advice from gamblers across the world.

Look out for the PL Bookie Chat section too where forum members offer first-hand knowledge. Our members share tips on the best bonuses to hunt down, and which betting sites are accepting Neteller.

Don’t forget to install the PL Forum app to your smartphone. You’ll find thousands of archived pages with the latest strategies, news, and tips.

Neteller Gambling Protections

Neteller has introduced a gambling block feature that you can assign to your account any time. It basically limits any payments you can make from your Neteller wallet to an online sports betting site. Just visit the Settings tool in your Neteller account and find the ‘spending control’ options.

In addition to gambling payments, the gambling block also prevents you using your Net+ Prepaid MasterCard. You’re automatically assigned a 48-hour cooling-off period after you switch off the gambling block tool.

Responsible Gambling

You can rely on a range of gambling helplines and charities if you suffer from addiction in the UK. Under licensing laws, Neteller betting sites are required to offer limit tools as well. You can set daily deposit limits or request a time-out period if you need to cool off.

Alternatives to Neteller Betting

Online betting with Neteller is quick and painless. You can make instant deposits, and the maximum limits are pretty high compared to other e-Wallets. Plus, Neteller is among the fast withdrawal methods available to UK bettors.

Payment Method Min/Max Deposit Withdrawal Limit Average Withdrawal Time Eligible for Welcome Bonus
Neteller £10–£10,000 £10–£10,000 1–4 hours No
PayPal £20–£5,500 £10–£10,000 1–4 hours No
Debit Card £5–£20,000 £5–£20,000 2–3 business days Yes
Skrill £20–£5,000 £10–£5,500 1–4 hours No
Bank Transfer £5–£100,000 £5–£25,000 2–3 business days Yes
Google Pay £5–£5,000 £5–£2,000 1–2 hours No
Apple Pay £5–£5,000 £5–£2,000 1–2 hours No

Final Thoughts

Sports betting with Neteller is safe and secure, plus you never have to save card details at any bookmakers. Optimise the experience by claiming reward points on your Neteller account and using a fee-free Net+ Prepaid MasterCard. See for yourself by enjoying Neteller betting with our best-rated sportsbooks now.

References

Neteller Bookmakers FAQ

Is Neteller safe?

Absolutely. Neteller offers 3-D Secure encryption, device fingerprinting, and double ID protection to keep you safe. You never need to worry about Neteller sports betting payments being hacked.

Is Neteller better than Skrill?

Neteller is comparable to Skrill in terms of fees and perks. Neteller doesn’t offer a 1-Tap service, unlike Skrill. Plus, some Neteller fees on card transfers are high.

How fast is a Neteller withdrawal?

You can clear a Neteller betting withdrawal within an hour. Always factor in a processing period from the Neteller bookmaker when you cash out. 

What are the Neteller withdrawal fees?

There are no fees for cashing out from a bookmaker to a Neteller e-Wallet. You can find a list of cash-out fees for banking methods on the Neteller website.

Can I deposit with a credit card via Neteller?

No. Under UK gambling regulations, you can’t deposit with a VISA or MasterCard credit card, even via a third-party provider like Neteller.

Do you need a bank account for Neteller?

No! You can connect multiple cards or e-Wallets to your Neteller account. You can even make payments into your Neteller wallet using prepaid vouchers.

Author

Jon is an experienced writer and editor who's been working in the gambling industry for over 18 years. He has a background in poker and casinos and was one of the earliest members of the Punters Lounge community, posting his first betting tips on the forum in 2000.

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