Depositing at Real Money Online Casinos Using Neteller
Neteller has been a popular solution for making real money online casino deposits for more than a decade. This is an ‘electronic wallet’ service. It acts like a virtual bank account, allowing you to hold and spend money securely online. These services are popular, as they mean you can play casino games for real money without ever needing to part with your banking information or credit card number.
You will not be able to use Neteller from the USA or Canada. Outside of these countries, you’ll find some of the biggest and best-known casino brands welcome Neteller deposits.
This page takes you through everything you need to know to use Neteller for casino deposits. First below you will find a table featuring my favourite Neteller casinos in 2020. There are some great deals around! After that you’ll find a practical step-by-step guide to getting funds on board with Neteller. Next the benefits and drawbacks of this deposit option, and (after a look at how casino bonuses work with electronic wallets), some alternative payment solutions for players in countries where this method is not available.
Mark’s Picks – The Best Neteller Casinos 2020
How to Use Neteller for Casino Deposits: Step-by-Step
You’ll need to have picked your casino and made sure that Neteller is on their list of deposit options before this step-by-step part kicks in.
You will then need a Neteller account. This is very quick, you go to www.neteller.com and register. There is an e-mail confirm step, and then you are good to go. Note that you’ll also need to confirm your bank account – no problem as uploading funds is needed before you get to spend any money!
At the Casino Cashier: I have yet to come across a casino which does not make the location of their cashier obvious. Head here, and click on the Neteller logo. At some casinos, you’ll need to go via the ‘Electronic Wallets’ category before you get to this.
Next is a screen asking for your account number and the amount you want to deposit. Many casinos use bonus codes, and you’ll have a chance to use one here. If you do not have one, open a separate window and look for the welcome bonus information – it will usually be here.
When you submit your request, you’ll log on to your Neteller account separately with your security number. You can approve the transaction, and the money will be in your casino account very quickly.
Withdrawing from Casinos with Neteller
This is a great way to get your profits back out of online casinos quickly. Note that most casinos will require you to make a deposit with any withdrawal method before you can use it to return cash. This is a security step. To withdraw, you need only add your account id and amount to take back. While the casinos may take up to 3 days on their internal administration – once approved the money will be in your account very fast. You can then send the cash back to your bank account, or keep it in your wallet instead for use later.
In some countries you can request a debit card which is attached to your Neteller account. This gives you an extra way to deposit (via MasterCard), and a way to spend the money in your account anywhere online.
Positives and Negatives – How Does Neteller Compare to Other Popular Casino Deposit Options?
As soon as you see this service in action the security and convenience aspects will be clear. The main drawback is that Neteller is a commercial operator – they need to make money! This is made in the form of transaction fees. These are small, though they can add up over time. For many people, the price of these fees more than makes up for the security and ease of use.
A positive aspect that many people forget is that you will keep any gambling site transactions separated from your bank statement. This is vital for people in certain jobs. If you are thinking of applying for a mortgage (or job in banking, for example), then this might be a benefit too.
You do need to manage one more account, and go through the verification process to get your spending limits up. These are valid drawbacks, though keep in mind these are one-off tasks and once completed you’ll have an account you can use for a long time to come.
The final advantage is that you can put your bankroll where you can maximize your benefits from online casino bonuses, promos and short-term offers. By having spare cash in Neteller, you’ll never have to work out where the money is coming from to grab that bonus again!
Neteller and Casino Bonuses
You get a range of approaches to casino bonuses. Some casinos (usually the smaller offshore ones which also welcome US players), have smaller bonuses for e-wallet users. Most of the established International brands are happy to accept these – and sometimes you’ll find specials for using them instead of credit cards.
When you are comparing welcome bonuses at different casinos, keep the following in mind:
- The size of the initial bonuses is only a small part of the whole equation. You should really compare them on how many times you need to play through the amount of the bonus before it becomes yours to spend.
- Not all bonuses are cashable. Some can be used for play – and may let you keep your winnings – though the initial bonus amount can never be withdrawn.
- Look out for slot free spins, these can give a big boost to any casino bonus (though can come with caps on winnings or strict play-through requirements).
- Not all games contribute the same for clearing a bonus. Slots usually count for the whole coin-in. Table games are usually weighted, sometimes this is as low as 10% of your bets.
- Make sure you check the terms and conditions before you play. You should look for time limits, excluded games and how making a withdrawal will affect your bonus.
For more information on the best casino bonuses (and how to take the maximum advantage of them) check out this detailed guide.
Alternatives to Neteller – eWallets
While popular, Neteller is not the only eWallet solution – or even the biggest brand.
The best known in this field is PayPal. This is only welcomed by a select handful of the biggest and best brands. You can also use Skrill, which has a long history of involvement in iGaming (Casino, Sports and Poker).
There are wallets which work in slightly different ways. These link to your bank account, and then let you spend the money in your wallet via a virtual credit card. Examples include the popular EcoPayz.
Alternatives for US Based Players
If you are in the US or Canada, then Neteller is a no-go (as are all of the e-wallet brands mentioned above). You’ll need to work out some alternative ways of getting your money on board.
Credit cards work well. If your card is capable of making overseas purchases, then you can deposit at offshore casinos. If your own card gets blocked, why not check out the prepaid cards at your local gas station of convenience store.
Bitcoin is the closest parallel to an e-wallet for the US market. You have a virtual account (your bitcoin wallet) and fund this via your bank, though an exchange. Once you are set up in the cryptocurrency ecosystem – you’ll never have to worry about having to make online casino deposits again! See my main casino deposit methods article for more options.
Check out the Neteller Casinos in the Table Below – For Easy Deposits, Big Bonuses and Great Customer Service
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