Online casino players always want swift, cost-effective and safe transactions, and that is exactly why they love Neteller. But what is this payment all about? Is it easy to use? How much will this entire ordeal cost you?
The TopCasinos team delivers precise answers to many questions you might have! Deposit at a casino using Neteller, and take your sessions to a whole new level!
Not to be confused with its chocolate spread sound-alike, Neteller is an e-wallet used for funding online gaming, as well as a host of other transactions.
The beauty of Neteller is that you can fund it from a variety of sources such as debit and credit cards, and other e-wallets such as Trustly, Klarna, Euteller, and Neteller deposit with PayPal. Bank transfers are also accepted.
Neteller was created in The Great White North, also known as Canada way back in 1999 while the internet was nascent technology. Operations were moved to the gambling operations hub of the Isle of Man in 2004, due to Neteller's popularity with gamblers and the tax breaks that this chilly UK island offers both gambling operators and providers.
Neteller started processing payments for online gambling in 2000, and at the time was accountable for over 85% of the world’s online casino transactions. 95% of Neteller’s income came from the online gambling sector, with the majority of customers based in the USA.
Neteller online casinos proliferate in the ever-expanding market of online casinos and is the smart choice for players looking for accountability, ease of use, and efficiency.
What Is a Neteller Casino?
As touched upon, Neteller gambling has been a mainstay of the online casino scene for over 20 years. Neteller betting sites were in the mix when new online casinos were taking their first few baby steps and continue to integrate with the newest casinos to this day.
How to Play at an Online Neteller Casino
To play at the Neteller casino of your choice, you first have to top up your balance. After that is said and done, simply continue playing as you would at any other website. Need more information on that? Okay, this is how things work:
Sign up with a casino site that supports Neteller.
Top up your Neteller balance.
Make a deposit at the casino, using Neteller.
Accept a bonus if you like.
Play your favourite games: live casino, Neteller slots, or place sports bets!
Fulfil all the wagering requirements.
Ask for a cashout.
Enjoy your winnings as only you know how!
How to Make a Casino Deposit With Neteller?
Depositing at a Neteller casino is as easy as pie. Once you’ve funded your Neteller account, follow these simple steps:
Find a casino
Browse our list and select the Neteller casino that appeals to you the most
Go to the ‘account’ section of your online casino and hit the button that says ‘deposit’
Select your deposit option; in this case, Neteller along with the email address you used to register with Neteller. This will redirect you to the Neteller website or app
Confirm Your Deposit
Choose how much you’d like to deposit (always remember to play within your means) and then select the ‘Complete order’ button
Your funds will appear in your online casino balance almost instantaneously
How to Withdraw With Neteller
So you’ve lucked out and your account balance is looking pretty tasty. Sweet. Here you’ll discover how to withdraw your winnings to your Neteller e-wallet. Now’s probably the right time to inform you that a handful of casinos only accept Neteller as a deposit option.
So, don a monocle with a deerstalker hat and – Sherlock Holmes style – investigate the terms and conditions for Neteller withdrawals at your chosen casino.
Let’s say that your casino does allow withdrawals to Neteller. In this case, follow these simple steps:
Mosey on down to the ‘Cashier’ section of your online casino account.
Select Neteller as your withdrawal method of choice.
Hit ‘Withdraw’ and the money will be in your account in a few hours.
Withdrawal Times With Neteller
Neteller withdrawal times may take up to five business days for the funds to appear in your bank account. Something else to bear in mind is that your winnings may be subject to due diligence checks by casinos, so not only does the Neteller bank transfer time influence the rate at which you can access winnings, but the casino also holds a stake in it too.
Pros and Cons of Online Gambling With Neteller
No need for lengthy intros, so here's why you should (or shouldn't) use Neteller for online gambling:
Fast transactions – Neteller payments are generally quick and painless.
Fees – Neteller imposes fees and limits on transactions.
Easy sign-up – you can easily open a new Neteller account in just a few minutes.
Bonus exclusion – to prevent bonus abuse and money laundering, Neteller is excluded from many casino bonuses.
High security – Neteller payment processing boasts high security of your confidential data.
Neteller Casino Fees and Limits
Whether you're using Neteller for slots or other Neteller games, Neteller bank withdrawal fees and limits will apply. These will be dictated by your online casino and Neteller.
As mentioned, there’s a 2.5% transaction fee on deposits. Limits, on the other hand, are subject to your online casino and could have a minimum withdrawal limit as low as €3 but most casinos average out at a €10 or €20 minimum withdrawal.
While Neteller isn’t known for the fastest withdrawal times, it makes up for this with top-notch security.
Maximum withdrawals are unlimited. If you’re lucky enough to take down the jackpot on Mega Moolah, for example, you could be withdrawing millions to your Neteller wallet.
How to Sign Up for Neteller
To start using Neteller, sign up for your free account on the official Neteller website. Choose your currency, set up a secure password, and enter your personal details:
Country of residence
There are a few extra steps that you may need to take, such as provide a source of your wealth, but this entirely depends on your country of residence and local jurisdiction.
About Neteller Casinos Bonuses
Unfortunately, Neteller is exempt from all casino bonuses, along with its ewallet cousin, Skrill. Why is this? Let’s find out.
Fraud and Money Laundering
Licensing authorities are hot – and rightly so – on preventing fraud and money laundering. Casinos falling under the official licensing are audited and expected to provide valid identification from players to avoid both fraud and money laundering.
The problem with Neteller is as third-party payment processors, this information is tightly guarded, even from online gambling authorities.
With the fantastic security that Neteller offers, there also comes higher fees which will influence bonus terms and conditions.
Susceptible to Bonus Abuse
Sadly, Neteller was often the e-wallet of choice when it came to bonus abuse. ‘Bonus abuse’ is the term used to describe the unfair and lawful engagement of a promotion that can include claiming more than one welcome offer per household, or per computer IP.
Due to the greater anonymity provided by Neteller, it’s harder, even impossible to trace the true identity of a bonus abuser.
Games to Play at Neteller Casinos
The casino games offered by Neteller casinos cover the standard range of online gambling and betting sites: poker, blackjack, roulette, slots, keno, and more.
Below, we will go over the two types of Neteller casino games that stand out.
Neteller Slot Sites
When it comes to Neteller casino games, one of the most popular genres is Neteller slot sites. Slots are the staple at most online casinos for a reason: they're simple to learn, quick to play, and hard to turn away from once you experience the thrill for the first time.
There are thousands of Neteller slot sites for you to try, though be careful not to gamble all of your funds away. There are still so many other casino games to play!
Live Dealer Neteller Casino Games
Live dealer casinos combine the convenience of online casinos with the experience of traditional, land-based casinos. At live casinos, you get to interact with live dealers via real-time streams.
Many Neteller gambling sites offer this hyper-realistic type of playing, and we encourage you to try a live dealer Neteller casino at least once.
While Neteller is a great casino payment method, you may explore other payment options that offer the same suite of features and benefits.
Skrill is a secure e-wallet provider that helps protect your banking details and allows for quick deposits and withdrawals. The downsides are the same as with Neteller: fees and bonus exclusion.
Paysafecard is a prepaid online payment method that uses vouchers for deposits. Because of this, there is a hard cash limit that prevents you from risking more money than you should. On the other hand, paysafecard cannot be used to withdraw your winnings, so you'll need to find another payment option.
PayPal is another good alternative for casino deposits and withdrawals. Most people know the advantages of PayPal by now: it’s fast, secure, and accepted at most online casinos across the world.
There are other convenient payment methods of course, including pay by phone bill or Apple Pay, so it is up to you to decide which banking option matches your preferences better.
Frequently Asked Questions
How can I deposit money in Neteller?
Once you’ve funded your Neteller account, follow these simple steps:
Go to the ‘account’ section of your online casino and hit the button that says ‘deposit’.
Select your deposit option, in this case, Neteller, along with the email address you used to register with Neteller. This will redirect you to the Neteller website or app.
Choose how much you’d like to deposit and then select the ‘Complete order’ button.
Your funds will appear in your online casino balance in a flash.
Can I transfer money from Neteller to my bank account?
Yes. Neteller is a virtual wallet that functions as a third party banking method that can transfer to your bank account. You will, of course, need to have available funds in your Neteller account prior to transferring to your bank account.
Once the funds have arrived in your account (this can take between one and five working days), you’ll have access to withdrawable funds.
Can I trust Neteller?
Yes, you can. While the deposit fee will put some players off, the security of Neteller is renowned as one of the best eWallet options for security. Neteller incorporates cutting-edge security tech to offer players the most secure and fastest way to transfer funds from their eWallet to their casino account.
From the Neteller website, the eWallet provider offers this security advice:
Never share your Neteller Password or Secure ID with anyone. You will never be asked to disclose your password or Secure ID by a Neteller representative or anyone affiliated with Neteller.
Create a secure password by ensuring that it is not easy to guess. The best passwords are at least 8 characters in length and combine letters, numbers and symbols. Combining a simple phrase with a couple of significant numbers or symbols is an easy way to create an easy to remember and secure password.
Do not use the same password at Neteller that you use for other online services. Using the same password at multiple sites will increase the chances of someone being able to access your account.
Remember to periodically update your password. By changing your password on a regular basis, you reduce the chance of it being compromised. Also, if you ever suspect that someone might have discovered your password, be sure to reset it as soon as possible.
Is Neteller good for gambling?
In all honesty, not really. The 2.5% deposit fee is another factor to take into account when assessing which games to play at an online casino. Professional gamblers certainly don’t use it as a deposit method as it decreases their bankroll, especially for high rollers when this seemingly diminutive transaction fee could amount to thousands of euros.
What online casinos accept Neteller?
Luckily, there’s a wide selection of online casinos that accept Neteller as a payment option. They usually stipulate all of the available payment methods on their website and/or apps.
How do I use a Neteller online casino?
Neteller casinos function much like every other casino. Firstly (and this may seem obvious) you need to find a casino that accepts Neteller as a payment option. Not all casinos do. The most effective way to check is to go to the casinos main page and scroll to the bottom. If you see the Neteller logo displayed, this is a sign that the casino definitely accepts this eWallet.
Sign up with the online casino, get verified, fund your Neteller account and then transfer this to your casino balance. Be aware that deposits are subject to a 2.5% Neteller transaction fee.