Neteller is one of the world’s leading web wallet services, allowing esports fans to safely and quickly place real money bets online. Find out how you can use Neteller to fund your online esports betting account with real money using this trusted online payment system.

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How Neteller works for online betting

Neteller is what’s known as a web wallet or e-wallet, which essentially works as a middle man between yourself and the online esports betting provider. Think of it just like a traditional wallet, but instead of holding physical cash it holds your cash in a safe digital space, ready to be transferred online for the payment of goods or services. It’s a safe and convenient payment method, allowing you to make real money bets online without ever having to reveal your personal financial information to the online bookmaker.

To use Neteller, you need to open an account, which is free to do and is an easy process, requiring you to hand over basic personal information like your name, date of birth, address and email (note: you must be at least 18 years of age to sign up for an account with Neteller). You will be given a Neteller account ID and password, which you can use to login to your web wallet at any time.

Once you have logged in, you need to add funds to your Neteller wallet, which you can do using options such as MasterCard, Visa, Bitcoin, B-Pay, Skrill, Paysafecard, POLi, direct bank transfer and more depending on which country you are located in. Most payments are processed on the spot, except for bank transfers which can take a couple of business days to process, and once the funds hit your account you’re ready to use your Neteller wallet to finance your esports betting account. Be aware that some processing fees do apply to certain payment methods.

• Withdrawing winnings via Neteller

  If an esports betting operator offers Neteller as a deposit option, it is highly likely they will also allow users to withdraw winnings using Neteller. Steep withdrawal fees apply if you want to withdraw your esports bet winnings using Neteller. While Neteller is a solid choice for funding your online betting account, we strongly recommend choosing an alternative payment method when it comes time to cash out to avoid the hefty withdrawal fees, which aren’t always clearly advertised.

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How to deposit at esports betting sites with Neteller

Once you have a Neteller account that you have loaded funds to, making a deposit to your online esports betting account is easy. Sign up for an account with a reputable online esports betting site that accepts Neteller deposits, then follow these basic steps to complete your transaction:

1. Log in to your esports betting account
2. Go to the deposit/cashier/banking section
3. Choose Neteller from the list of payment options provided
4. Enter your Neteller user ID and password
5. Enter the amount of money you want to transfer to your online betting account
6. Follow the prompts to complete your transaction.

Neteller deposits are processed on the spot, so you will be able to start placing real money bets on your favourite esports games immediately.

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Best esports betting sites that accept Neteller deposits

Despite its popularity at online casino sites, Neteller is not as widely offered by online bookmakers to facilitate esports betting accounts.

You can use Neteller to deposit to your esports betting account at:

• Bumbet (read our Bumbet esports review)
• BetOnline (read our BetOnline esports review)

However, rival web wallet brand Skrill (formerly known as Moneybookers) is widely accepted at esports betting sites, so if you’re set on using an e-Wallet for your online bets, consider Skrill as a safe and fast web wallet alternative.

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Neteller accepted countries and currencies

Neteller provides online payment services to most countries in the world, so the easiest way to find out which countries Neteller accepts is to look at the ones which are restricted.

The following countries are prohibited from using Neteller:

Neteller also provides limited services to some countries, including Belgium, Canada, France, Germany, Hong Kong, Israel, Italy, Japan, Macao, Singapore, Spain, Turkey, UAE, United Kingdom and the United States. For more information about Neteller’s limited services to these countries, visit the official Neteller.com website and head to the online help section.

Neteller accepts deposits and withdrawals in 26 different currencies, including:

• Australian Dollar – AUD ($)
• Brazilian Real – BRL (R$)
• Bulgarian Lev – BGN (лв)
• Canadian Dollar – CAD ($)
• Danish Krone – DKK (kr)
• Euro – EUR (€)
• Great Britain Pound – GBP (￡)
• Hungarian Forint – HUF (Ft)
• Indian Rupee – INR (Rs)
• Japanese Yen – JPY (￥)
• Malaysian Ringgit – MYR (RM)
• Mexican Peso – MXN ($)
• Moroccan Dirham – MAD (?.?.)
• Nigerian Naira – NGN (?)
• Norwegian Krone – NOK (kr)
• Polish Zloty – PLN (z?)
• Romanian New Leu – RON (lei)
• Russian Ruble – RUB (руб)
• Singapore Dollar – SING (S$)
• South African Rand – ZAR (R)
• Swedish Kronor – SEK (Kr)
• Swiss Franc – CHF (Fr.)
• Taiwan Dollar – TWD ($)
• Tunisian Dinar – TND (?.?)
• United Arab Emirates Dirham – AED (?.?)
• United States Dollar – USD ($)

If your local currency is not accepted at Neteller, you can still use this Web wallet service, but a foreign exchange rate of 3.99 per cent is applicable on all transactions.

If Neteller does not service your country or does not provide the right online deposit method for you, there are plenty of other options available to safely fund your esports betting account. Check out our guide to popular esports betting deposit options for further information about the alternative payment methods.