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Sportsbooks That Accept Neteller

Contributors
Updated August 2, 2024
11 min read

When it comes to topping up your sportsbook account, e-wallets like Neteller have been a popular choice among online sports betting fans thanks to their speed, convenience, and versatility. Neteller ticks all of those boxes and it's a favorite of many sports betting fans worldwide.

No wonder why so many sports bettors look for best Neteller sportsbooks. However, Neteller isn't currently available in the US. While it is widely accepted at sportsbooks around the world, there are no US sportsbooks that accept Neteller. US bettors will have to explore alternative sportsbook payment methods and we have a couple of suggestions.

Sportsbooks that accept Neteller

Best Neteller Alternatives

When we take a look at sportsbook payment methods currently available in the US, only two jump out as reliable Neteller alternative: PayPal and Venmo. Both are viable alternatives and at the moment, they are accepted in most US sportsbook.

PayPal

PayPal is one of the most widely recognized and trusted online payment systems globally. Its robust security measures, including two-factor authentication and advanced encryption technologies, make it a secure alternative to Neteller. PayPal also has a strong reputation for protecting users against fraud.

In terms of speed and convenience, PayPal excels. Deposits into betting accounts are usually instant, and withdrawals are processed quickly, often within 24 hours. This efficiency makes it a preferred choice for many bettors. All the fastest payout sportsbooks rely on PayPal to ensure swift transactions.

Finding a platform that supports this payment method is simple because the majority of US betting sites accept PayPal.

While PayPal does charge fees for certain transactions, these are generally competitive and often lower than Neteller’s fees.

Venmo

Venmo is another strong alternative to Neteller. Known for its user-friendly mobile app, Venmo offers a simple and efficient way to manage funds.

In terms of speed and convenience, Venmo is on par with PayPal. Deposits into betting accounts are typically instant, while withdrawals usually take 1 to 3 business days. For faster access, you can opt for instant transfers, which are completed within 30 minutes but come with a 1.75% fee, capped at $25. Keep in mind that the exact timing can vary depending on the betting site.

Security is a top priority for Venmo. The platform uses encryption and fraud detection technologies to keep transactions safe. Additionally, Venmo transactions are monitored to prevent unauthorized activity, adding an extra layer of security for users.

Venmo is widely accepted at many online sportsbooks, making it a versatile option for bettors. Its integration with major banks and the ability to transfer funds directly to and from bank accounts adds to its convenience.

When it comes to fees, they are lower than those of Neteller and PayPal.

Other Sportsbook Payment Methods

While PayPal and Venmo are great alternatives for Neteller, they aren't the only two. Sportsbooks offer multiple different payments methods which cater to different preferences and needs. From traditional bank transfers to other e-wallets and prepaid cards, there are numerous ways to fund your sportsbook account and manage your transactions efficiently.

Exploring these options can help you find the best fit for your betting experience, and for each of these payment methods, we have outlined our best sportsbooks. Check out these articles to explore alternatives and find the best US sportsbooks for your preferred payment method:

Neteller in the US

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 the 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.

Best Neteller Sportsbooks

At the moment, there are no US gambling sites that accept Neteller.

Look into the future for more sportsbooks to join up and accept Neteller as a viable payment method. Check back here to find out more as the situation develops.

Neteller Processing Fees

Neteller is generally pretty cheap, but there are some potential fees you should be aware of.

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 is that 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%.

Depositing with Neteller

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 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, choose a payment method, and potentially verify some personal information for security purposes. Once you have successfully registered a payment method, deposits become much quicker and 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.

Withdrawing with Neteller

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, it will be fast and free.

Neteller Processing Times

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.

Neteller Sign-Up Bonuses

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, are very common and mean 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.

Advantages of Neteller

Neteller is the world leader in e-wallets among online gamblers of all kinds. Here are some of the reasons why so many people choose the service:

  • Security. Using Neteller removes all kinds of safety concerns for bettors. Your Neteller account acts as an extra layer of security between your bank and your sportsbook. It means you never need to connect your personal banking with your sportsbooks, and that no transactions with your sportsbook will ever show up on your bank statement.

  • Neteller is fast and cheap. Once your wallet is topped up, transferring money to and from your sportsbook account is very easy. Neteller is also consistently among the cheapest payment methods.

  • If you can deposit with Neteller, 99% of the time you’ll also be able to use it to withdraw. It’s neater than some other method in this regard.

  • Neteller’s use extends beyond the world of gambling sites. You can use your Neteller wallet to pay for all kinds of things online. It’s a great place to manage your online purchases, and to keep your spending organized.

Disadvantages of Neteller

Every banking method comes with its own good and bad points, and Neteller does have some differences compared with other options.

  • Neteller is easy to use, but at the end of the day, it does mean signing up for an extra service and making extra transactions. There are plenty of bettors who just don’t like the idea of an intermediary service, and will prefer the directness and simplicity of credit or debit card payments or bank transfers.

  • While some banking methods can end up being totally free, you are likely to incur some small fees when you use Neteller – notably the 2.5% fee for depositing into your wallet. It’s not exactly likely to break the bank, but it does exist.

Final Thoughts

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 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.

Sports bettors are still waiting for Neteller to return to the US. As soon as it does, we'll update you and provide a list of sportsbooks that accept Neteller.

Neteller Betting Sites FAQ

How do I make a Neteller deposit at my online sportsbook?

Are Neteller payments to sportsbooks fast?

Can I withdraw from sportsbooks using Neteller?

More Bankroll Management Guides

Richard Janvrin

Richard Janvrin

Sports Betting Analyst

Expertise:
MLB
NFL
NCAAB
NCAAF
Online Sports Betting
Online Casinos
After graduating from the University of New Hampshire with a BA in Journalism, Richard Janvrin has been covering iGaming and sports betting since December 2018. Richard has covered betting at Bleacher Report, Gambling.com, The Game Day, Forbes, and more.
Email: [email protected]
Nationality: American
Education: Bachelor of English/ Journalism
Favourite Sportsbook: FanDuel Sportsbook
Favourite Casino: BetMGM Casino
Experience: 9 years
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