Using Neteller at Online Gambling Sites for 2018
In the online gambling world, there are many different banking methods available for customer to use. It can get very confusing, leaving customers with a long list of options and no idea as to which ones are trustworthy or effective.
Wouldn't it be nice if someone reviewed these payout methods honestly and accurately?
That's where we come in! We are here to explain exactly what Neteller does, and what you can expect from their services. This way you can know exactly what you are getting into before you put your hard-earned money at risk.
Unfortunately, Neteller is not available for customers in the US or Canada. Nonetheless, we have listed our favorite sites below that do offer Neteller as a banking option in other countries.
|Rank||Neteller Gambling Site||Sign Up Bonus||Casino||Sports||Poker||Get Started|
|#1||Betway||100% up to €1,000||Visit Site|
|#2||Jackpot City||100% up to €1,600||Visit Site|
|#3||Magic Red Casino||200% up to €500||Visit Site|
|#4||Spin Palace||100% up to €1,000||Visit Site|
|#5||Ruby Fortune||100% up to €750||Visit Site|
If you already have a Neteller account, then the following review is probably not meant for you, as you are already aware of the convenience and usefulness that comes along with this e-wallet. All you need to do now is choose a site from the list above, and coincidentally, we wrote an article on exactly how to choose the right one!
For the rest of our readers, we will dive into what Neteller is all about and discuss how we can use it effectively to gamble online.
Neteller? What's that?
Before we go any further, everyone should be familiar with what Neteller is. For an official definition, we turned to Wikipedia which gives us the following:
Neteller is an e-money/e-wallet service owned and operated by publicly traded British global payments company Paysafe Group Plc. The Neteller service is used to transfer money to and from merchants, such as forex trading firms, social networks firms, and can withdraw funds directly using the Net+ card or transfer the balance to their own bank accounts.
In simple terms, Neteller is an electronic wallet that allows users to hold, spend, or send money on the internet to anyone else in the world that also has a Neteller account.
Drawbacks to Using Neteller
We searched the internet far and wide for complaints or problems with Neteller, and the one drawback that clearly stood out is in their customer service department. Nearly every review site is littered with 1-star ratings accompanied by complaints about being unable to reach them via email or phone.
Due to the sheer volume of these complaints, we recommend not leaving a large amount of money sitting on their site.
Benefits to Using Neteller
Overall, there are far more benefits than there are drawbacks. For the sake of brevity, here are four of those benefits that I like the most about this veteran e-wallet.
This is a feature that is not normal for e-wallets. We love to see different methods of dispersing player's online funds, even if it is just in the form of a debit card. This card can be used at any ATM machine or store that accepts debit cards.
The reason why this debit card is so convenient is that you can get cash instantly. Before this card existed, Neteller users were forced to do silly things like wait a few days for their money to get into their bank account before they could use it.
Everybody likes to be rewarded for being a frequent customer, and Neteller does not disappoint in this regard. By recognizing the frequent players and giving them their own VIP club, it really motivates the customers to use it more.
The members of this elite club get to enjoy additional rewards, lower fees, and complete 100% account reimbursement in the event of unauthorized account access.
Obviously, anyone who gambles online wants to be sure that their money is safe. Luckily for us, Neteller is required by FCA e-money regulations to keep all customer funds in separate accounts from their operating cash.
The reason for keeping the two sets of funds separated is that just in case the site shuts down or goes out of business for some reason, they will still be able to pay everyone the amount that is in their account balance. This is huge for player safety, and any online business that does not segregate funds in this manner is usually shady and untrustworthy.
Neteller was founded in 1999 which is insane. If you know of any other existing e-wallets that were around back then, we would love to hear them. When gamblers are choosing a site to play on, the amount of time that that site has been successfully operating should play an important role in the decision-making process. For this reason, we are confident in saying that Neteller is a great choice for anyone who would like to gamble online and needs a place to store or deposit money.
3 Steps to Getting Started
If you have read this far and you still want to get signed up on Neteller, we have compiled three quick steps to help you to get started.
The number one rule here is to pick a site that is reputable and trustworthy. There are far too many crooked sites in the gambling world, which means that you do not want to just pick a random site to use. The site should also be licensed and regulated by a well-known licensing company to make sure you don't get robbed.
Once we get to their homepage, we just need to click on the big green "Join For Free" button. After that we just need to enter our personal information, specify which currency we will be using, and click on the big green "Open Account" button. It is worth noting that they ask everyone for their social security number when signing up, so if you are not comfortable with giving this information out then you might want to find a different e-wallet to use.
The option to deposit using Neteller should be available for most online casinos. All we need to do is click on the cashier button for the site that we chose, and then click on the Neteller logo. After that we simply enter the amount of money that we want to deposit. As soon as the deposit is approved, the money will be in our account and ready to go!
Overall, Neteller is a very useful way to hold, send or receive money. Even though they do not serve the US or Canada, they are still one of the largest e-wallets in the world. Their Net+ debit cards are a great feature that should be used by every online e-wallet, and they allow customers to get ahold of the money in their account almost instantly.
This seems to be their main weakness since there are hundreds of complaints online about this very topic. This makes us hesitant to recommend this otherwise useful site as we want to be able to reach them with any concerns.