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Neteller Betting

neteller logoWith the rise of online gambling, Indian residents do not have to travel to one of the three provinces where betting is legal in India. Thanks to betting sites, they are more than welcome to place their bets online. Not only that, but many of these platforms feature tons of available payment methods. One of those methods is Neteller, and as we are about to see, there are quite a few advantages that Indian punters will experience with Neteller betting.

Neteller was established in 1999 and quickly made a massive impact on the market. The gambling industry adopted this payment method in 2000, and since then, it experienced massive expansion. Today, there are virtually countless Neteller betting sites, and each betting site will provide you with access to tons of features after you select it to deposit funds to your account.

With that being said, let’s take a look at which Indian bookies accept Neteller, what are its advantages and disadvantages, how to connect your Neteller account to a betting site and wager on the sports, and so on.

Indian Bookies Accepting Neteller

neteller betting banner

As we just mentioned, the number of online gambling sites that accept Neteller betting is pretty vast. However, searching for the best Neteller betting site may take some time, which is why we wanted to do the hard work for you and do the research to find which platforms accept Neteller deposits and hence, provide you with a list of the best Neteller betting sites. These platforms are shown below.

Ranking the Best Neteller Betting Sites

Of course, we are not just finding random online sportsbooks where you can create a betting account and use Neteller for online betting purposes. On the contrary, we have a strict system of check-ups that we use to determine whether they have what it takes to provide punters from India with the best sports betting experience.

Security and License

security iconFirst off, every betting site needs to be secure and provide Indian punters with a safe sports betting experience. One of the disadvantages of the Indian online gambling market is that it is unregulated. The Public Gambling Act has little to no regulations about this industry.

The good thing about it is that Indian punters can access Neteller betting sites without facing any repercussions. The bad news is that since there’s no regulator, there are many scam sites, which are often unlicensed and will ask you to create a betting account and wager on their site.

Moreover, these betting sites even offer bonuses that are just too good to be true. For example, the free bets credited to your account after you register are enormous.

In the end, these scam sites gain access to your bank account and use the details to extract the money. The main point here is, registering at a licensed Neteller betting site is a must. Hence, the first step in our research for the best online betting sites in India starts with checking whether the platform is licensed by a reputable authority.

Since India does not have a designated regulator that can license and regulate operators, players from this country have to rely on internationally known authorities such as:

  • The Malta Gaming Authority
  • The UK Gambling Commission
  • Gibraltar Gambling Commissioner
  • Swedish Gambling Authority (Spelinspektionen)
  • Curacao eGaming

We also check what type of security Neteller gambling sites use. The most effective and most efficient security is the SSL encryption software. There is a 99.9% chance that the sportsbook is powered by this system if it’s licensed, but we check it anyway.

Bonuses and Promotions

It is also important for all types of online gambling sites, online sportsbooks included, to provide you with a variety of bonuses and promotions. Some of the promotions that are featured at the best Neteller betting sites include:

  • Welcome bonus
  • Cashbacks
  • Loyalty programs
  • Reload bonuses
  • Odds boost
  • Enhanced odds
  • Free bets
1xbet bonus notebook

The current welcome bonus at 1xBet.

The more bonuses are featured, the better. On this note, it is vital to know that bonuses and promotions that can be claimed with a Neteller account have terms and conditions. For example, if you want to claim free bets, you must know that in most cases, free bet stakes are capped. Not only that, but there are additional T&Cs such as wagering requirements, bonus validity period, minimum Neteller deposit, etc.

Available Markets and Odds

Of course, you will want to have the most diverse betting experience when you connect your bank account to your Neteller account and thus, participate in sports betting activities. That is why it is vital for the online sportsbook to have a lot of featured markets.

That includes the most popular categories and respective competitions in India, such as football, cricket, kabaddi, and so on, but also internationally-recognized competitions such as basketball, tennis, table tennis, horse racing, etc.

Not only that, but it is vital for the Neteller betting sites to feature decent odds, especially on the most popular competitions in India. That way, Indian punters can expect higher payouts.

Finally, the number of betting options play a massive role. The more bet types punters from India have, the better it will be. Considering the fact that a majority of online sportsbooks have a system in which you are betting against the platform, exchange bets do not count.

Customer Support

Registering at Neteller betting sites, claiming bonuses such as free bets or a welcome bonus and using the funds to wager on sports is the main activity at the sportsbook, but there’s one additional feature that brings a lot of points – the quality of the customer support team.

In this section, we check how can Indian players get in touch with the customer team and how responsive the team actually is. Every reputable online sportsbook should feature a Live Chat team and an email contact. It should also be prompt to respond to your messages in a timely manner and offer solutions to your problems.

The more effective and efficient they are in this section, the more points they will receive.

Payment Methods

Considering the fact that the main topic on this page is Neteller betting, then it is logical for the sportsbook to feature Neteller as an accepted payment method. Apart from that, we also check whether Neteller can be used to have the free bets credited to your account and whether can you claim other bonuses.

betting payment methods

Moreover, we check how fast are Neteller deposits and withdrawals and whether fees are charged for these transactions.

Lastly, betting sites will receive extra points if they have additional accepted payment methods. Yes, the goal is to have Neteller, but by featuring more payment methods, the sportsbook shows that it wants to provide its registered players with as many options for online gambling as possible, and that is always good to hear.

Extra Features That We Check

The aforementioned 5 sections are the main focus, but in many cases, small margins will determine which site will be ranked higher and which will go lower. That is why we cover a few extra features that can make all the difference. That includes:

  • Mobile optimization
  • Website interface
  • Page speed
  • Registration

First of all, mobile optimization is a must for all sports betting platforms. Why? Because research shows that mobile wagering is the latest trend in the online gambling industry, and many Indians are fond of placing bets via their smartphones.

In order to be optimized for mobile use, the sportsbook needs to be powered by the latest HTML5 technology. If it has developed an app to better the mobile betting experience, then extra points are received.

Next up, players of all ages use their Neteller account to make the minimum deposit at a sportsbook and place bets on the featured sports. Not all of them have decent skills, which is why it is vital for the sportsbook to have a pretty simple interface that can easily be learnt. After all, simplicity is key, and that can be hard to achieve sometimes.

Page speed also plays a major part – the better the optimization of the sportsbook is, the free bets credited to your account will be used faster, and you will be able to wager on sports in a more efficient way. This can make a lot of difference, especially when it comes to live betting, where every second can influence the odds for the better or worse.

Finally, the process of registering a betting account is the last feature that we check. The easier it is to register an account and ultimately make a Neteller deposit to claim the featured welcome bonus, the better. In most cases, sportsbooks will ask you to provide them with the following information:

  • First and last name
  • Country
  • Mobile phone number
  • Preferred currency

Note that many sportsbooks will ask you to verify your account before you can make Neteller deposits and use the money to claim free bets and other promotions and bet on sports.

Pros and Cons of Neteller

Neteller is one of the best payment methods for online betting, and there are plenty of advantages that come with it if it’s used at any type of gambling site. But just as other methods such as a credit or debit card, it too comes with a few advantages and disadvantages. Since our main goal here is to make sure that we provide you with enough information on this payment method, we are more than happy to provide you with all the pros and cons that come with using it.

Pros of Using Neteller

Any Neteller user will tell you that this is one of the best e-wallets to use at online betting sites. You’ve probably experienced some of the benefits if you have used this payment method before. If you are a new user, you are about to find out why many online gamblers choose Neteller over the other payment options. The following are the main reasons why the e-wallet is a worthwhile choice for online sports betting.

Easy to UseAs an e-wallet, Neteller is an online payment method that you can access and use wherever you are. One great thing about it is that you can create your Neteller account in a matter of minutes. On top of that, it’s easy to upload funds to your wallet using bank cards and bank transfers.
Fast Deposits and Withdrawals Transaction speed is another good reason to use Neteller at online gambling sites. Neteller deposits are instant, allowing you to start placing bets almost immediately. Withdrawals made via the e-wallet are also pretty fast. They can be processed immediately or within hours.
Widely AcceptedIt’s easy to trust a payment method that’s used by many online punters. Neteller is one of them considering the increasing number of users.
SafetyNeteller is one of the safest deposit and withdrawal methods at online casinos and sportsbooks. The Paysafe Group is authorised by the Financial Conduct Authority under the Electronic Money Regulations 2011. All transactions are secured using high-tech encryption measures, and you can secure your account using two-step authentication to add an extra layer of security.
Low CostsAlthough there are charges when uploading or withdrawing funds from your Neteller account, the best betting sites will not charge you for using the e-wallet. Thus, you can deposit money into your betting account and withdraw your winnings without incurring any extra costs.
Mobile AppThere is a Neteller app for both iOS and Android users. This makes it possible to use the e-wallet wherever you go.

Cons of Using Neteller

The good thing about using Neteller is that it offers more advantages than drawbacks. This means that you will enjoy using the e-wallet most of the time. But you must be aware of the possible pitfalls so you can decide when to use Neteller. The following are the known disadvantages of using Neteller for online gambling purposes.

Ineligible for Some BonusesAll sportsbook and casino bonuses come with various terms and conditions. Some operators may specify that you cannot use your Neteller deposit to claim the welcome bonus or other promotions. This forces you to look for an alternative payment method if bonuses are your priority.
Currency Conversion FeesHigh conversion fees usually apply when using Neteller

How to Bet Using Neteller

Moving on, we go to one important part of this piece on Neteller, which is how to place bets with this method. As you are about to see, the process of placing bets with Neteller is actually simple, and you will be able to conquer it in no time. Without any further ado, let’s start breaking down the details.

Step 1 – Create A Neteller Account

1 iconThe first step of the process is creating a Neteller account. You can do that by accessing the official Neteller website and signing up for an account. Fill in the required fields and follow the guidelines to create the account. The process is fast and shouldn’t take more than just a few minutes.

Step 2 – Register a Betting Account

2 iconNext up, find the best Neteller bookmaker and register an account. You can select your chosen site by picking any of the featured Neteller bookmakers on our list. As we mentioned earlier, registering at an online sportsbook is extremely simple and fast, so you don’t have to worry about anything.

Step 3 – Verify Your Account at the Betting Site

3 iconA majority of sportsbooks will ask you to verify your account before you can place bets on the featured sports. This is just a precautionary measure to confirm that you are a real person with real betting intentions. Depending on the sportsbook, verification can be completed via email, SMS or by sending pictures of an ID/passport/driving license and utility bills.

The sportsbook will not allow you to complete deposits and withdrawals until you’ve successfully verified your account.

Step 4 – Select Neteller As Your Chosen Method

4 iconAfter you’ve verified your account, you will be able to see the list of accepted payment methods and choose Neteller. There’s one thing that you need to take into consideration here – the minimum deposit amount.

The minimum deposit at online bookmakers varies, which is why you must read the banking policies of the chosen site. Each deposit with Neteller is instant, and you will be able to use the money to place bets on your chosen events.

Step 5 – Claim the Welcome Bonus

5 iconSpeaking of the bonuses and promotions, all internet gambling sites will provide you with a welcome bonus, whether that is as a casino bonus or sportsbook bonus. Since the main topic here is betting with Neteller, we are going to focus on sportsbooks rather than online casinos.

The welcome bonus comes with a minimum deposit requirement and other T&Cs such as wagering requirements, eligible payment methods, exchange bets excluded, validity period, and so on.

In most cases, online bookmakers offer a match deposit bonus and/or free bets paid to your account. Keep in mind that the free bets valid period is much shorter as it is often 24 hours. Claim the welcome bonus and use it to boost your rewards.

Step 6 – Place Bets on Your Preferred Events

6 iconFinally, the last step of the process is placing bets on your preferred events. Always make rational decisions, don’t get too greedy, set a budget for your gambling transactions and make sure to wager responsibly.

One bonus advice that we can provide you with is to always claim free bets and other bonuses that are applicable to the sport that you are most familiar with, whether that be cricket or football. Never wager on other events just to boost your odds. That way, you will have increased chances of winning.

Is Neteller Popular in India?

In a world where a majority of deposits and withdrawals are done via bank transfers and/or a credit card, you will be surprised to hear that Neteller is actually a very popular method in India. Here’s why.

The Public Gambling Act of 1867 regulates land-based gambling in India as it states that these activities can only take place in three provinces:

  • Goa
  • Sikkim
  • Daman

There are little to no regulations on online gambling, which is why both licensed and unlicensed operators can offer their services on the market. The problem here is that unlicensed operators are often scam sites. In a way to boost their security, many Indian punters create a Neteller account before they start wagering at any online bookmaker. Thanks to the massive security and fast transactions, this method rose to the very top in India.

Is it Safe to Bet with Neteller?

Neteller will require you to provide them with information on your credit or debit cards, but you can rest assured knowing that your data will be completely safe when using Neteller. That does not apply to only deposits, but to withdrawals as well.

Apart from the advanced security system that Neteller has, licensed online sportsbooks, which are featured above, utilize the latest SSL encryption software, which encrypts your data and keeps it out of harm’s way.

Not only that, but online sportsbooks will also allow you to register under an alias, which provides you with a certain level of online anonymity. In doing so, your overall security is taken to the next level, and you can rest assured knowing that you will have the safest betting experience on the market.

Deposit on Indian Betting Sites with Neteller

We’ve already introduced you to the steps that you need to complete in order to make a deposit with your Neteller account. Now, we are going to note one or two extra things that are worth knowing about transferring funds to your account at an online sportsbook.

The first one is the min deposit, which varies from one sportsbook to another. Next up, you should be aware of the fact that not every sportsbook supports Indian rupees as an accepted currency, but that won’t be a problem as you can easily convert your winnings to the native currency.

Finally, some sportsbooks are known to charge fees on deposits, and while we are going to talk about that later on, it is worth noting that you should check the banking policies before making any moves.

Neteller vs Skrill

Skrill is one of the payment methods that are similar to Neteller, but which one is actually the better one. We are going to list the advantages that these two deposit methods have over each other and use the information to see which one comes out on top.

Neteller 

  • Far more commonly used at Indian sportsbooks
  • Higher transfer volume
  • Can claim many bonuses

Skrill

  • Lower fees
  • More supported currencies
  • Easier to register

Neteller Online Security

The security of Neteller is truly mesmerizing, and that is one of the main reasons why so many choose Neteller from the list of deposit methods to make their first qualifying bet over debit cards, credit cards and bank transfers.

As mentioned earlier, the market is unregulated in India, which is the reason why there are many suspicious sites roaming the Internet. Unlicensed operators have one goal in mind – gain access to your bank account details and take the funds. Through various money laundering processes, they are able to clear the funds, and since these crimes are committed from outside of India, the government does not hold any power over these criminals and cannot protect you.

Thanks to the advanced security of Neteller, you can rest assured that all transactions that you make at a gambling website, which in this case is an online sportsbook, will be safe. But, that doesn’t mean that you shouldn’t take additional steps to increase your overall fees.

Are there any Fees for Neteller Users?

Moving on to one important topic, we answer the question of whether there are any Neteller charges for transactions to and from betting accounts. Neteller may provide you with fast transactions, but you must know that fees are often charged.

Now, you will not be charged fees for deposits unless the sportsbook features them, but Neteller bookmakers often charge fees for withdrawals. To learn how big these fees are, you are ought to check the banking policies of your chosen sportsbook.

Can I Withdraw Using Neteller?

After the account reg process is complete and you successfully start placing sports bets, you will be able to claim betting offers and use the bonus amount to boost your winnings. When the time is right, these winnings will have to be withdrawn if you want to use them in your everyday life.

The good news here is that you can use Neteller to withdraw funds from your account. Once the request is processed, the funds are transferred to the Neteller accounts of Indian players. The only thing to note here is the minimum withdrawal option and whether fees are charged are not.

How to Withdraw Funds Using Neteller?

To withdraw funds from your account, you will have to log in to the sportsbook account. The next step is accessing the Cashiers section and going to Withdrawals. Of course, this is where you choose Neteller as your preferred method.

Finally, you type in the amount that you would like to withdraw. Keep in mind that there is a minimum withdrawal amount that varies from one online sportsbook to another. After you’ve entered the sum, the funds will be transferred and be available to your overall Neteller balance after they are processed, which is something that lasts pretty short.

Neteller Mobile Betting in India

With the massive expansion of the Internet gambling industry and the fact that the electronic money regulations have allowed players to deposit and withdraw funds without any difficulty, Indian players became fond of being able to access online sportsbooks at any time and place.

That is why mobile betting has become a massive trend in India. You can rest assured knowing that you can participate in Neteller betting activities on your mobile, as a majority of online sportsbooks are optimized for mobile use.

Not only that, but some sportsbooks have gone a step further and have developed online betting apps for a better mobile betting experience. By using the sportsbook app Neteller’s app, you will be able to control the funds from your mobile device, at any time and place, just as long as you are connected to the Internet.

Conclusion

conclusion iconNeteller is, without a doubt, one of the most secure and most advanced payment methods for betting online. Thanks to its security, Indian punters are more than happy to use it in order to deposit and withdraw funds at their chosen betting platform.

What’s even more impressive is the fact that all transactions with Neteller are very fast. Deposits are instant, while withdrawals have a very short processing period. In most cases, they are transferred within 1 business day, which is much faster than the average processing time of other methods.

Setting up Neteller as your chosen method during the account reg process is very simple and won’t take any of your time. After it’s completed, you can claim numerous bonuses such as free bets, match deposit bonus amount, no deposit bonuses, cashbacks, etc., to boost your winnings.

FAQ

To close things off, we are going to list some of the most commonly asked questions about Neteller betting. The answers to the questions may squeeze out a few extra pieces of information on using this method in online sportsbooks. Let’s check them out.

Thanks to the fact that Neteller provides Indian punters with increased security and fast transactions, they are more than happy to use it at online sportsbooks in India. After they make a deposit, punters from India can claim free bets, place system bets or any other bet type and withdraw their winnings pretty fast.
In order to deposit money with Neteller, you must first create a Neteller account. Then, you proceed to register at an online sportsbook of your choice. Before you can successfully complete transactions with Neteller, you will have to verify your account. The last step of the process is depositing money, claiming bonuses such as free bets and wagering on sports.
To check whether you can withdraw money using Neteller, you are ought to visit the banking policies page. In most cases, sportsbooks will feature Neteller as a withdrawal method.
This depends on whether you are registering at an online sportsbook that accepts Neteller or a betting exchange. In online sportsbooks, you are wagering against the sportsbooks, which means that exchange bets are excluded. But, if you register at a betting exchange that accepts Neteller, then you can place exchange bets.