Neteller Online Casinos

Neteller no longer has an 80% share of the online gambling market, but its share of the UK gambling market is still substantial and you can also find this service on many other gambling sites. Some of the biggest names include:

• Bet365
• Guts
• Mr. Green
• 188 Bet
• 32Red
• Redbet
• Betsson
• BetFeed
• BWIN

Neteller seems to be more of a popular choice with gambling sites that cover a wide spectrum of gambling options. You’ll notice that most of the sites in the above list also offer sports betting, bingo, poker and more. The more niche you go, the harder it is to find. However, established online casinos like Spin Palace, Platinum Play and Royal Vegas still offer Neteller for players only interested in casino games.

 

This is a staggering number when you consider that we’re talking about a time when online gambling was in its infancy. To put things into perspective, the year 2000 was the year in which Bet365 was founded. It was just 1 year after BetFair was founded and it was before SkyBet was launched. In other words, Neteller was the king of online gambling long before online gambling was even a billion-pound industry and because of their hard work and commitment in those early days, the online gambling industry was able to flourish and grow into the industry it is today, one that earns over £3.4 billion in the UK alone.

What you Should Know About Neteller

Neteller may have been an online gambling giant two decades ago, but it has faded a little since then. These days it has a revenue of less than £100 million, which is a fraction of the $10 billion that PayPal generate and less than a third of the amount earned by Skrill.

Neteller is owned by the Paysafe Group, who are authorised by the Financial Conduct Authority, and also own Skrill. This should be a good thing for fans of Neteller as it should lead to huge developments, but it seems that Paysafe have favoured Skrill over Neteller. There have also been some company changes that have served to slow the growth of these services and to stop them well short of ever becoming a giant like PayPal. These changes included a 2017 move that saw PaySafe removed from the London Sock Exchange following a nearly £3 billion sale.

How to Deposit Using Neteller

1. Sign-up: You need a Neteller account to make a transaction using this service. It’s not like PayPal, where you can make a transaction as long as you have a payment method, so make sure you get your account and go through the necessary checks which may include identification checks.
2. Bonus: Choose a bonus that applies to you on your chosen casino and then select the “Neteller” option.
3. Fund: Make sure your Neteller account is funded before you go any further. You can see a list of some of the more popular deposit options and their fees further down this guide. There are many options to choose from, but with fees ranging from Free to 45%, it’s well worth paying attention to which one you use.
4. Transfer: When you have the money in your Neteller account and have selected the Neteller option in the online casino, then you just need to sign-in, verify the payment and then confirm.
5. Play: The money should transfer from Neteller to your online casino account immediately, allowing you to play straight away. If it is not there straight away then simply wait a few minutes as some casinos are a little slow to process these payments.

How to Withdraw Using Neteller

The withdrawal process is even easier. If you’re lucky enough to secure some winnings, then follow the steps below to get them into your Neteller account and then into your payment method of choice.

1. Select Neteller: You can find this option by entering the cashier/banking screen.
2. Login: You may need to login, you may not. The casino should already have your details following your deposit, so you should simply need to make the selection, confirm the amount and then wait.
3. Wait: The transfer should be immediate, but only from the time that the online casino initiates it. Some casinos will take 24 to 72 hours to do this and this wait may be even longer if you are new to the casino. If, however, you have made deposits and withdrawals before and you are verified, then the withdrawal may even take just a couple hours.
4. Transfer: Login into Neteller and then transfer the money from your Neteller account to a payment method of choice. As mentioned below, there are several options to choose from and all of these offer reasonable fees, but some are better than others.
5. Wait: We discuss the transfer times further down on this page and these are worth paying attention to. Neteller is pretty slow and it could take anywhere from 5 days to 21 days to get your money. It will be quicker if you select a debit card or bank transfer and you have been a member for a long time; it will be slower if you elect a “member wire” and it is your first withdrawal.

 

Neteller Deposit Fees

• AstroPay Card = 5 to 7%
• Bitcoin = 1%
• Boku Mobile Pay = 9% to 45%
• HSBC = 7%
• PaySafeCard = 7.5%
• Skrill = 3%
• VISA = up to 4.95%

 

Neteller Withdrawal Fees

The Neteller fees are very respectable on Neteller.

• Bank Account = €7.50
• Payments to Merchants = Free
• Money Transfer = 1.45% (Minimum €0.50)
• Wire = €10.50

 

If you use the NET+ card then foreign exchange fees are just under 3%, ATM charges are just under $4, but you can withdraw to this card from your Neteller account for free (sometimes the fee goes up to 1.75%)

Neteller Customer Support

This is an area in which Neteller are lacking. Just like Skrill, they don’t have great support. They take far too long to reply to your issues and are not very helpful when they eventually do. This is one of these services where you simply have to pray that you don’t encounter a problem, because if you do then you could be in for a frustrating experience.Their “support” page will try to direct you through FAQs and will do all it can to stop you from getting an actual human being. The best way to contact them is to go straight for the jugular with Facebook and/or Twitter. Their support teams on social media are usually quick to help when you air their dirty laundry for all to see. They want to be seen to be helping, after all.

Pros of Using Neteller

• Secure payments
• Several options and features
• No charge for using Neteller to deposit into an online casino
• Established and trustworthy company
• Understands the gambling industry better than any of its rivals and is respected throughout the industry

Cons of Using Neteller

• Very frustrating customer support
• Strict limits when compared to similar services
• Can be slower and harder to use than PayPal
• Few options for high-rollers
• Fees can be high for deposits into Neteller and from Neteller to another payment method
• No worthwhile credit offerings like you will find on PayPal
• Not as many supported currencies as other services