Today, we will be focusing on Neteller eSports betting sites: What Neteller does, why is it so good, and why you should use it. But, before we continue with our thorough guide, let’s talk a little about eSports and what’s it all about!
The past decade was filled with surprises, and one of them is the introduction of video games as a professional sport – eSports.
eSports offer a new way of gambling to punters all around the world, and with so many betting sites jumping straight into the action, it’s hard to find a trustworthy one. eSports have become quite the sensation in the 21st century, and millions of people are already betting on their favorite games such as League of Legends, Dota 2, CS:GO, Call of Duty, and more.
Obviously, the sudden eSports growth created a colossal betting market. And in such a colossal market, you need a safe payment method such as Neteller. Our research suggests that over 80% of betting sites are willing to accept Neteller as a payment option. This fact itself speaks highly for the security and ease of use of Neteller.
In this article, you will get to learn all about eSports and how they shook the online gambling world. Moreover, we will teach you all about Neteller, what it does, how to create an account, and make your first deposit!
Betting Site | Number of eSports Games | Bonus | License |
---|---|---|---|
Unikrn | 12 At the time of writing this article | 200% Up to $200 | Isle of Man |
Pnxbet | 11 At the time of writing this article | 100% Up to $100 | Curacao Gaming |
GG.BET | 16 At the time of writing this article | 100% Up to $300 | Government of Curacao |
bet-at-home | 21 At the time of writing this article | 50% Up to $100 | Malta Gaming Authority |
Rivalry | 22 At the time of writing this article | 100% Up to $100 | Isle of Man |
What are eSports?
eSports stands for Electronic Sports. Just like regular sports, eSports is competitive video gaming where players and teams play against each other. Teams play in competitive tournaments, events, and domestic leagues – all of which are streamed live on dedicated streaming websites and watched by millions of people across the world.
The massive eSports popularity has allowed for a dozen new eSports betting sites where you can bet on your favorite team. If you’re looking for a guide to pick the best eSports betting sites, make sure to check this out! Moreover, eSports bookmakers feature amazing odds when it comes to betting on eSports.
eSports Games
eSports would have never reached such dizzying highs if it wasn’t for an abundance of competitive eSports games. Betting on one game is boring, which is why you have over 50 eSports games at your disposal. Below, you will find a list of the most notable ones.
- League of Legends
- Dota 2
- Counter-Strike: Global Offensive
- Overwatch
- Call of Duty
- Rocket League
- FIFA
- NBA2k
- StarCraft II
- Valorant
Payment Methods at eSports Betting Sites
Choosing the proper payment options before you begin your eSports gambling journey is extremely important. After all, it’s your money you’re putting on the line, and you want to use a trustworthy method. This article will be focused on Neteller, but we will provide you with information regarding other payment methods as well. There are several ways to make a deposit on your preferred eSports betting site, and all of them are listed below.
Debit & Credit Card
Using a debit or credit card is still one of the most popular ways to make a deposit. They are simple and trustworthy to use. Most of the deposits you make using a credit card will be instant, whereas withdrawals will take up to 7 days. Almost all eSports bookmakers accept deposits with Visa, MasterCard, and Maestro.
On the downside, using a credit card provides the recipient with unnecessary banking information. If you want to keep your information private, we suggest using an e-wallet such as Neteller, Skrill, and PayPal.
E-wallets
E-wallets are probably the most common way of making deposits and withdrawals nowadays. All of your deposits using an e-wallet will be instant, whereas withdrawals will take up to 3 days. They work a bit different than credit cards, as you need to fund your e-wallet first.
However, not everything comes for free. Many e-wallets will charge a fee for processing your transactions. If you want your bank account fully protected, we suggest using an e-wallet. If you’re not comfortable paying additional fees, we suggest sticking to a regular debit or credit card or picking a fee-free e-wallet.
Bank Transfer
A good ol’ bank transfer is still considered among the safest payment methods you can utilize. However, nothing is perfect, and the bank transfer carries disadvantages of its own. If you decide to make a withdrawal using a bank transfer, you may wait for your funds to arrive for up to 10 days.
This payment method is particularly good if you’ve won big at an eSports betting site, and you need the safest possible way to move your money. In this scenario, using a direct bank transfer is the best method for you. For normal transactions, we suggest avoiding this method as it was the slowest processing time.
Bitcoin
It’s 2021, and payments made using Bitcoin are as common as buying bread from your local store. It’s a new method though, and some people still don’t feel comfortable using it. Unlike all other online payment methods, Bitcoin provides you with the fastest payment system. All deposits and withdrawals you make with Bitcoin should be instant.
If not instant, withdrawals made using Bitcoin should not last longer than a couple of hours. The good news? You can easily purchase Bitcoins using Skrill. Just head over to their official site, as they have all of the necessary details there.
What is Neteller?
As you probably know, Neteller is an online e-wallet similar to Skrill and PayPal. It was founded in 1999 in Canada. With 20+ years of presence in the market, they have become a rock-solid widely recognizable brand. In 2015, Neteller was acquired by Paysafe Group Limited, which is a parent company to Skrill and Paysafecard as well. It offers you the possibility of shopping and moving your money easily and safely. Neteller is one of the biggest e-wallets you can find out there, and they are processing transactions worth billions every year. Moreover, they are present in over 200 countries and set up in 26 currencies.
Neteller is primarily targeting gamblers and traders, offering them a safe way of depositing and withdrawing funds. Simply put, Neteller allows you to move your money without giving up your banking information.
You can use Neteller just like you use a debit card as well. Just apply for the Net+ Prepaid Master, and you will receive a physical card you can use for daily shopping or withdrawing from the ATM. This is a great feature, as not only you can use Neteller for online betting, you can use it for regular shopping as well.
How Does Neteller Work?
As we said, Neteller is an e-wallet that keeps your funds and provides you safe online payments. To deposit funds to Neteller, you can use Skrill, Debit Cards, a Credit Card, etc. Neteller keeps your money safe and always available. Many punters love using Neteller for depositing at eSports betting sites, as it doesn’t give up unnecessary banking information.
Creating a Neteller Account
Registering for a Neteller account is extremely straightforward. First off, you will need to be 18+ years old. To create your account, visit Neteller’s official website and click the “Join for Free” button. Once you do it, you will be asked to provide personal information such as your name, surname, date of birth, etc. In the next step, you will need to select the country you live in and your preferred currency. Once done, proceed with linking your mobile phone number to your Neteller account. You must provide a valid phone number for security reasons. If you happen to forget your password, you will be able to retrieve it via your phone number.
Once your Neteller account is set, you can deposit with some of the options Neteller accepts. To withdraw funds from your Neteller account, on the other hand, you will need to verify your account. This step is straightforward as well, and it usually won’t take longer than a day. To become eligible for withdrawals, you will need to provide a photo of your ID or driver’s license. Once Neteller’s team verifies you are who you say you are, you can easily start withdrawing.
If you’re having trouble or wondering how to make a deposit at an eSports bookmaker, you can follow.
Speedy Deposits and Withdrawals
Other great merits of using Neteller are instant deposits and speedy withdrawals. Every deposit you make with Neteller is instant. This is especially good in situations where your eSports game is about to begin, and you have no funds available to make a bet. Neteller’s instant deposit is what you need in such a scenario.
Neteller’s withdrawal, on the other hand, is not instant. Most of your withdrawals will be processed within 3 days, but it might take up to 5 days in some cases. The withdrawal speed is not fully dependent on Neteller, as the eSports bookmaker plays a huge part as well. Top eSports betting sites should provide you with a withdrawal time of 3 days using your Neteller account.
Neteller vs. Skrill
Both payment methods are similar, both are operated by the same company but still share a few differences.
Both Skrill and Neteller were founded 20 years ago. In the past decade, these two payment methods were fierce competitors until finally, in 2015, Neteller’s company bought Skrill. As they merged together, transactions between the both of them became possible.
According to our research, we found that Skrill is more popular when it comes to depositing and withdrawing from eSports betting sites, packed with better user reviews as well.
Even though together, they took different paths. Skrill made crypto trading possible directly through the platform and was regarded as the “Best Digital Wallet” of 2019.
When compared to Skrill, Neteller utilizes a few more deposit options. Depositing on Neteller with Trustly or a bank transfer is free, whereas using any other method has a 2.55% fee. When both are compared in terms of fees, Skrill is the better option as they charge 1.90% per transaction. Although it depends on what transaction we are talking about, fees with Skrill never exceed 5.5%.
Depositing with these two payment methods at eSports bookmakers is completely free of charge, withdrawing as well. Even though it’s free, it doesn’t mean that bookies don’t pay the fee you are supposed to. This is probably why certain eSports bonuses are excluded when making a deposit with Skrill or Neteller. But, we will talk about that later.
eSports Betting With Neteller
Using Neteller to fund an account with your favorite eSports betting sites is not complicated at all. First, you will have to fund your e-wallet with the funds you wish to deposit. Second, you will need to make an account with an eSports betting site that accepts Neteller as a payment method. This process will usually take you only a few minutes. Once done, use your account ID to deposit with your favorite eSports bookmaker. Keep in mind that processing fees may apply when making a transaction.
As we said, deposits are instant whereas withdrawals can take up a couple of days. Depositing with Neteller is a great choice, as is withdrawing. Most eSports betting sites that accept deposits with Neteller, will accept withdrawals as well.
Other E-wallets
Neteller is just one in a thousand, and there is a wide range of other e-wallets you can use if you feel Neteller is not good enough. Below, we will give you a short insight into how other e-wallets work.
Trustly
Unlike Neteller, Trustly utilizes a different method of processing your transactions for sports betting. Trustly only acts as a middle man, and your transactions are processed directly from your banking account. You don’t have to fund your Trustly account before depositing with eSports betting sites. All it does is protect your information from the recipient.
Paysafecard
Paysafecard allows you to deposit with eSports betting sites without having to use a regular credit card. Paysafecard is owned by the same company Skrill and Neteller are, and it’s the world’s leading prepaid payment card.
ecoPayz
ecoPayz works on the same principle as Skrill and Neteller do, so there’s no need for too much explanation. A large number of eSports bookmakers accept ecoPayz as a deposit and withdrawal option. It’s safe, reliable, and is held in high regard by eSports punters.
As we can’t cover all e-wallets in a single article, other notable ones are PayPal, Yandex, Klarna, and more.
Is Betting With Neteller Secure?
As we mentioned earlier, Neteller is one of the top eSports payment methods. Neteller is trusted by millions worldwide, and almost every eSports bookmaker will allow you to make a deposit using it. Moreover, Neteller is authorized by the FCA in the UK.
To become authorized by FCA, Neteller must have a separate trust account that holds 100% of the funds that people deposit. Rest assured, your funds are always safe and always available with Neteller.
If this is not enough to give you peace of mind, Neteller utilizes two-step authentication, top-of-the-line SSL encryption, and advanced security protocols.
Combine all of these facts, and you will understand why Neteller is regarded as one of the safest payment methods at eSports betting sites. Having your funds stolen is next to impossible!
Neteller Customer Support
If you ever get stuck using Neteller for eSports betting purposes, you can always contact their support team to help you resolve the matter.
You can contact them on their 24/7 available live chat, and you can place a direct phone call as well. To receive an instant answer on their live chat, you will need to be a member of Neteller’s VIP club. Their live chat is available in numerous languages.
Top 5 Neteller eSports Betting Sites:
- Bet365 – Up To £100 In Bet Credits. T&C Apply, new customers only.
- William Hill – Bet £10 get £30 in free bets. T&C Apply, new customers only.
- GG.BET – 100% up to $300 welcome bonus.
- arcanebet – 100% up to $100 for new customers.
- 22Bet – 100% up to $122 bonus for new players.
Cons of Using Neteller
Every online payment method has its merits and disadvantages. Same with Neteller, as it’s charging fees up to 2.5% on every transaction. Yes, it’s extremely safe, but expensive as well. Just like the old saying goes – you get what you pay for.
According to us, the biggest disadvantage you will face using Neteller for depositing with eSports betting sites is that you will be excluded from certain bonus offers. Upon doing our research, we found that a massive number of eSports betting sites are removing their generous welcome bonus if you decide to deposit using Neteller so they can keep the fees to a minimum. So, make sure to check if that’s the case with your preferred eSports bookmaker as well. Either look for a different bookie or switch to another payment method.
Our Verdict
Money is not free, which is why we suggest you consider creating an account with Neteller. We’re talking about betting on eSports, which is a risky activity, and you need every security you can get. Lucky for you, Neteller provides this security. This famous e-wallet is publicly listed on the London Stock Exchange, which is yet another safety measure.
The deposit and withdrawal time is a dozen times faster than the one on a regular credit card. And if you’re into having a physical card, you can always apply for one at Neteller. You can use this card to deposit with eSports bookies as well.
Becoming a member at Neteller’s VIP club will provide you with extra advantages, such as 100% fraud protection.
As we mentioned, the sad part comes when you have to give up certain bonuses just because you are using Neteller. If you really want to use Neteller, you can always find an eSports bookie that won’t restrict you from their welcome bonus.
Our final thought is that you should definitely consider registering with Neteller if you’re about to begin your eSports betting journey.
Always remember that betting online is an addictive activity, and you should stop if you find yourself in a situation where you’re wagering more than you should. eSports betting should be fun, not fatal!
FAQ
Is It Safe To Deposit Funds With Neteller On My Betting Account?
Yes. Every online payment that you make using Neteller is 100% safe.
Is Skrill the Same as Neteller?
No. Both Skrill and Neteller work on the same principle, but they are not the same. They are both owned by the same company, and the major difference between them is that Skrill charges fewer fees than Neteller does.
Can I get a Free Bet For Depositing With Neteller?
You can get a free bet if the eSports bookmaker is offering one, regardless of the payment method you use. Using Neteller can even restrict you from claiming certain bonuses.