When you sign-up through links on our site, we may earn an affiliate commission. Learn more >
🔥 Claimed by 59 people this week!
No bet-throughs required
Lots of sport-specific promos
Promo code 'WSN1000'
$1,000 First Bet on Caesars
21+ | Terms and conditions apply
Fastest payout platform
Many withdrawal options
Promo Code 'SPORTS'
2nd Chance Bet up to $100
21+ | Terms and conditions apply
Great offers & promotions
Huge variety of bets
$1000 Deposit Bonus
21+ | CO only | Terms and conditions apply
There are all kinds of payment options when it comes time to top up your sportsbook account, but e-wallets like Neteller have emerged as a favorite of online sports bettors when depositing money to sports betting sites.
Neteller is fast, convenient, and versatile. As a personal e-wallet, your Neteller account is simply a safe and secure place to store your money online, which you can access to pay for a variety of things. Think of it like your physical wallet or your bank account – only online.
It’s a great way to manage your finances and online transactions. Best of all, it’s widely accepted at the best sportsbooks around the world – even if its acceptance rate among United States sportsbooks is a little complicated.
There are lots of e-wallets that bettors use for transactions with online betting sites – like Skrill and PayPal – and Neteller is undoubtedly one of the best.
On this page, we’re taking a deep dive into Neteller, everything you need to know about it, and whether you should choose it to fund your online betting account.
We cover all the areas of concern for sports bettors:
There’s a reason Neteller is one of the most popular payments and deposit methods at sportsbooks around the world. Actually, there are multiple reasons. And they’re all explained here.
Wanting to connect even more deposit methods to your sportsbook? Then check out these links to see what is possible:
Neteller is the most widely used e-wallet at online casinos and sportsbooks around the world. Practically all the top sportsbooks in the UK and Europe accept Neteller, and the company has been a huge part of the online gambling landscape for the best part of two decades.
Neteller’s history in the US is a little more complicated. After significant legal problems around 2007, the service became unavailable in the US as its revenue dropped by almost $200 million by 2010.
Neteller eventually returned to this US and was widely accepted at a variety of new sportsbooks, which appeared after legal sports betting began to arrive in 2018. Nevertheless, Neteller temporarily quit the US market again in 2019 – and it remains to be seen what their US future holds. The service is also not currently available in Canada.
Still, Neteller continues to be hugely popular at internationally hosted sportsbooks.
Not many legal United States sportsbooks are accepting Neteller as a form of payment, but the ones that do are listed below. Look into the future for more sportsbooks to be joining up and accepting Neteller as a viable payment method. Check back here to find out more as the situation develops.
Neteller is generally pretty cheap, but there are some potential fees you should be aware of. First the good news: It’s free to set up a Neteller account and sportsbooks almost never charge for Neteller deposits. Withdrawals to your Neteller wallet are often free too, but it’s possible that some sportsbooks might charge a small flat fee for all withdrawals,
Neteller does however charge a small percentage fee for topping up your e-wallet. It may vary depending on your country and payment method, but normally it will be 2.5% of the amount you deposit. This is only charged on transactions between your personal finances (like your online banking for example) and your Neteller wallet – not between your sportsbook and Neteller.
If you want to withdraw money from your Neteller wallet to your personal finances, there may also be a small percentage fee – although bank transfers are generally free. Basically, all this means if you have money in your Neteller wallet you can fund your sportsbook account totally free, and normally payout for free too.
When you need to top up your e-wallet, you’ll probably pay a fee of 2.5%.
Making a deposit with Neteller is very straightforward, even if there are a few extra steps involved the first time you do it. First, if you don’t have an account already, you’ll need to sign up with Neteller and top up your e-wallet.
Joining Neteller couldn’t be easier. All you need is your name, email address and to create a password. Your account will be up and running in seconds.
Making a deposit to your wallet will take a little more time. You’ll need to set your currency and choose a payment method, and potentially verify some personal information for security purposes. Once you have successfully registered a payment method once deposits become much quicker – available with the touch of a button.
Linking your Neteller account with your bank account is your best bet in our opinion. It’s totally secure, and it means you can smoothly transfer funds from one to the other, and it means you don’t get charged for withdrawing.
Once you’ve topped up your wallet, you can head to the cashier section of your sportsbook and choose the Neteller deposit option.
You’ll be redirected to sign in using your Neteller information. Once you’re in, you just need to choose how much you’d like your money to transfer from your wallet to your sports betting account.
Compared with some other methods, depositing with Neteller takes a little more effort upfront. However, once your Neteller account is up and running it becomes really smooth and easy to both deposit and withdraws.
Whether you’re betting on the NFL, MLB, or any other sport, withdrawing from your sportsbook to your Neteller account couldn’t be easier.
If your casino lets you deposit with Neteller, you’ll also be able to withdraw in the same way – which is really convenient compared with some other methods that are only available for one or the other.
The process is very similar to depositing. Head to the cashier and choose the Neteller withdrawal option. You’ll need to log-in again and then you can choose how much you want to send back to your e-wallet. Fast, smooth, and simple.
Lots of players are happy to just keep their funds in their Neteller account. It’s a secure place to have it, and you can use Neteller to pay for all kinds of things online anyway.
However, sometimes you might want to totally withdraw your hard-earned winnings back into your bank account.
In this case, you can request a withdrawal from Neteller. There are different methods you can use, but if you’ve linked your bank account with transfer will be fast and free.
The only delay with Neteller is setting up your account and getting it topped up in the first place. Once it’s up and running, Neteller is easily one of the fastest online payment methods available at online sportsbooks.
Deposits happen instantly, so you never need to wait around as soon as you decide to place a bet.
Withdrawals are often instant as well, although it’s also fairly common for sportsbooks to impose a small pending period while the request is processed – maybe 24-48 hours.
Ultimately some old-school bettors might be put off at the thought of introducing an intermediary into the process, and prefer direct payments between your bank and your sportsbooks like Visa, Mastercard or other credit cards, or bank transfers.
But Neteller is a genuinely simple and convenient tool, and it has plenty of upsides to outweigh the slightly greater effort required.
Sportsbooks are forever dreaming up exciting and valuable promos to try to lure new sports bettors through the doors, and they can often be claimed by making your first deposit with Neteller.
Deposit matching bonuses – where the bookmaker doubles your first deposit – is very common and means you start off with double the bankroll. New players are also sometimes offered free bets or risk-free bets.
You’ll need to check out the wagering requirements on how to withdraw your winnings, but welcome bonuses provide a welcome boost to new customers.
There are sportsbooks out there that restrict your deposit bonus depending on which payment method you choose, which is something to look out for.
Neteller is the world leader in e-wallets among online gamblers of all kinds. Here are some of the reasons that so many people choose the service:
Every banking method comes with its own good and bad points, and Neteller does have some differences compared with other options.
Neteller is the safe and secure banking method sports bettors have been using around the world for two decades now. The extra layer of security and the peace of mind that comes with never sharing your bank details with your sportsbook is very appealing in the betting industry – especially for players with multiple betting accounts.
Neteller is also very easy to use and cheap. If your wallet is topped up, depositing and withdrawing from your bookmaker is extremely straightforward, and Neteller is consistently one of the fastest banking methods.
For some of the best Neteller sportsbooks out there, look no further than our list of recommended sites. If you sign up with our links, we’ll even help you out with a welcome bonus.
© Rebel Penguin ApS 2023 (a subsidiary of Gaming Innovation Group Inc.)
We support responsible gambling. 21+ Only. Gambling problem? Call 1-800-Gambler.
WSN.com is run by iGaming Cloud Inc (a Gaming Innovation Group Subsidiary) and is registered with the New Jersey Division of Gaming Enforcement (DGE) under affiliate vendor ID 89744, with the Indiana Gaming Commission (IGC) under certificate of registration number SWR-000148, approved by the Pennsylvania Gaming Control Board as a gaming service provider, under certificate registration number 117656-1, possesses a Vendor Minor sports betting license from the Colorado Limited Gaming Control Commission (account number 94414163), granted a vendor registration number VR007603-20-001 by the Michigan Gaming Control Board, an interim Sports Wagering Supplier license, under license number SWS 066, issued by the West Virginia Lottery Commission, a sports betting vendor registration, under registration number #100400, issued by the Director of Gaming Licensing and Investigations of the Virginia Lottery to operate in the State of Virginia, and a Vendor Registration issued by the Sports Wagering Committee of the Tennessee Education Lottery Corporation.
Advertising disclosure: WSN contains links to online retailers on its website. When people click on our affiliate links and make purchases, WSN earns a commission from our partners, including ESPN and various sportsbooks.