Gambling requires real money and when we gamble online we want the deposit process to be quick and easy. An ideal gambling deposit method which offer these features is Neteller – a globally recognised e-Wallet.
We take a look at why it has come to the forefront of deposit methods for bookies and punters, and why we recommend it if you are after a simple method which doesn’t require constantly entering card details.
Note: Online casino gambling is illegal in Australia as of September 2017 following the introduction of the Interactive Gambling Amendment Bill 2016, so for Australians the content on this page is only relevant to locally licensed sports betting.
Neteller for real money deposits
When Neteller was established in 1999 in Canada (it has since moved to the Isle of Man) it opened primarily as an online payment method. In 2000, it began to process gambling transactions and has since risen to the forefront as one of the bookmaker industry’s favoured deposit methods, especially for Aussies.
Neteller is a digital web wallet (more commonly referred to as an e-Wallet) which sees users opening account, similarly to opening a sports betting account, and registering an active email address. Once they’ve activated their account via a link emailed to them they then have to fund it.
This can be done with a large range of options, including a number of Aussie friendly methods.
- Bitcoin – Fee: 5%
- BPay – Fee: 2.5%
- Euteller – Fee: Free
- Fast Bank Transfer – Fee: Free
- International Bank Transfer – Fee: Free
- Local Bank Deposit – Fee: Free
- Maestro Debit Card – Fee: 1.9-4.95%
- MasterCard – Fee: 1.9-4.95%
- MasterCard Debit – Fee: 1.9-4.95%
- paysafecard – Fee: 7%
- POLi – Fee: 1%
- Quick Bank Transfer – Fee: 1-1.75%
- Skrill – Fee: 1.9%
- Visa – Fee: 1.9-4.95%
- Visa Debit Card – Fee: 1.9-4.95%
- Visa Electron – Fee: 1.9-4.95%
Many do involve fees, though you can opt for bank transfers which are free, it just will take a few days to appear in your Neteller account.
Once you have funded your Neteller account you are ready to use it at reputable, participating online bookmakers as a deposit method.
How to deposit and gamble with Neteller
Depositing with Neteller is simple, instantaneous, and fee free. All you have to do is sign up to a Neteller participating online bookmaker if you haven’t already – we have a list which have been proven to offer secure transactions and fair betting markets, features which are incredibly important when gambling online.
Once you have signed up and/or logged in, head to the banking page. Here the option to deposit with Neteller will be present and you will need to enter the amount you wish to deposit and then your Neteller account details – your account ID or email address and the Secure ID (password). Confirm the transaction and your funds will appear in your account instantly.
At the time of writing, some of our recommended bookmakers don’t offer Neteller, but they do also accept a wide range of Aussie-friendly payment methods, including MasterCard, Visa, and Skrill.
Is it safe for Aussies to gamble using Neteller?
It is incredibly safe to sign up for a Neteller account, thanks to the encryption technology employed by Neteller allowing you to fund your Neteller account securely, all the while preventing third parties from hacking in and stealing your information.
Neteller also uses identity verification and real-time transaction monitoring, which ensures all sensitive information and transactions are secure and remain protected.
Additionally, you can fund your Neteller account using a prepaid card, such as paysafecard (available to purchase from retail outlets) so you don’t have to enter any personal bank details on the Internet whatsoever.
Once your Neteller account is created and funded you have an additional layer of security when making deposits at online bookmakers. If you opt for the ones we have detailed above, then you are ensuring you are playing at secure online bookmakers – each verified as safe by both advanced gaming jurisdictions and real players.
When using Neteller you are not entering any financial information to the online bookies so you have the extra layer of protection in place – making Neteller a great option for those hesitant about gambling online due to entering their financial information.
What’s more, if you notice any unusual activity, as per your Neteller account statement, you can report it and Neteller will investigate and aim to resolve the issue.