Neteller is one of the most popular deposit methods at online betting sites and horse racing is arguably the biggest betting medium in the world. The best Neteller horse betting sites allow you to fund your account instantly and be betting within a matter of minutes. The top Neteller bookmakers for Australian racing include locally licensed betting sites, while our International readers will also find plenty of options accepting this web wallet. The best Neteller betting sites for 2021 are:
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Introduction to Neteller betting sites
Neteller is the second most used internet payment method for online betting sites behind Paypal betting sites. It is part of the Paysafe Group, which also offers Skrill and its eponymous Paysafecard worldwide. They are a powerhouse when it comes to e-wallet facilities. If you want to place a bet on the horses, finding an online bookmaker with Neteller is easy.
Our guide to the top Neteller betting sites will guide you through how to deposit to a bookmaker with Neteller, then pick a horse and place your bets. With Neteller’s instant deposits, it’s quick and easy to get started. You will be placing bets on ponies in no time.
Best Australian Neteller bookmakers in 2020
We’ve researched some of the best AU bookies accepting Neteller, and have listed our top five below. The following Neteller betting sites are also licensed by at least one Australian state or territory, have Neteller deposit available and are among our favourite wagering options for horse racing events.
One of the most recognisable online gambling sportsbooks in Australia, Sports sits comfortably among the top Neteller betting sites in Australia.
Another reputable bookie with a very efficient mobile app that punters can use to place bets, while they also have high limits for Neteller bookmaker deposits.
Aussies-only licensed betting exchange with a good reputation that accepts Neteller bookmaker deposits.
Australia’s newest online sportsbook, rising from the likes of ClassicBet, Neteller deposits are available.
A reliable global betting brand offering players many sports and racing markets, Unibet accepts Neteller betting payments 24/7.
There are many more online sportsbooks that accept Neteller as a payment method right across the world. In Australia, not all of the operators accept Neteller, but many of them do. Before signing up with an Neteller online bookie, be sure to check that they have it as a payment option.
How to make Neteller deposits at online bookmakers
Neteller is so simple to use that a Neteller bookmaker deposits Q and A is not even necessary, we walk you through the process of depositing funds and placing a bet.
Once you’ve found the perfect Neteller betting site, you will need to register an account. When the account is ready to use, you will be required to deposit into the betting account. A choice of payment methods will appear to you, make sure you click on the Neteller option.
When you click on ‘Neteller’, you will need to enter your email. It must be the same one that you used to register your Neteller account. Specify how much you want to deposit. Once you’ve confirmed the transaction, this amount will reflect instantly in your betting account.
Now that the tech stuff is taken care of, you can browse the available markets for the horse races. Browse the bookmaker’s website and find the daily racing tips and odds for the various markets. Often the online betting sites have experts that will give their opinions on upcoming races.
This information could help you in choosing the winning horse. Choose the race and your favoured horse, place a bet and hope for the best. If you are registered with one of our recommended Neteller bookmakers, you will be able to watch the more prestigious races via live streaming.
Neteller withdrawals at online betting sites
Neteller betting sites also allow you to withdraw any winnings from your racing bets using this method. For instance popular Australian Neteller bookmaker Bet365 allows you to cash out with Neteller, as long as you deposited using this method. Another huge plus of using Neteller to make bookie withdrawals is that it is one of the quicker ways to get the cash-in-hand, with most withdrawals reaching your web wallet within 12 hours.
Neteller itself is a fast and secure payment option, but their payout to you is only accessible once the funds get to your Neteller account.Other important aspects that you should be aware of, from the online bookies’ side, are:
- Withdrawal limits:
Some bookmakers might put a cap on the total amount of money that you can withdraw at one time. Limits are set per day/week/month.
- Withdrawal fees:
Most Neteller bookmakers don’t charge a fee for withdrawals, as long as it fits within the overall number of withdrawals allowed. It would help if you checked what that maximum withdrawal limit is since after that they tend to charge a small fee per withdrawal. For example, a casino will allow 15 free withdrawals per month and after that charge a 2% fee. You’d rather stay away from those.
Once the bookmaker has processed your withdrawal, you will be pleased to know that Neteller offers users some of the fastest withdrawal speeds around. The turnaround is, in most cases, 24 hours to reflect in your bank account.
Disadvantages to Making a Bet on Horse Racing with Neteller
Some online bookmakers are wary of Neteller users. In Australia, it doesn’t have such a strong presence as it does in Europe. It means that many local sportsbooks don’t accept Neteller as a payment option. If you do find an online bookmaker with Neteller deposits, then you can be sure you are dealing with an international brand sportsbook.
For the individual, there are high Neteller fees to contend with when using the e-wallet facility. Another critical factor is that unverified accounts have small transaction limits, and once verified these increase but are not unlimited. A Neteller account can receive up to $50,000 per transaction.
Do I Get Charge Transaction Fees When I make a Bet on Horse Racing Using Neteller?
No fees are charged when you bet on horse racing with Neteller. Online sportsbooks don’t charge a betting fee in general. The only costs you could expect to pay would be transaction fees to withdraw funds once you’ve won a bet.
Neteller will charge a fee when you top up your account and when you make withdrawals, so keep that in mind when funding your sportsbook account. It would be better to fund your Neteller and gambling account with a lump sum once a month or so, instead of making small deposits continuously. It will save you on fees giving you more money to wager.
Why should I Make a Horse Racing Bet Using Neteller?
Neteller gives punters an easy and quick way to fund sports betting accounts. It allows for the transfer of funds without having to divulge bank account or credit card details to the online sportsbook.
Another great benefit of using Neteller is that you can keep your betting funds separate from your day-to-day cash. It prevents you from overspending on the Neteller betting sites. If you have a sports betting account with more than one online bookmaker, you can transfer funds from one sportsbook to your Neteller account.
Then you can move the same funds to another bookie if you get better odds with no delays or fuss. With the added advantage of instant deposits and fast withdrawals, there are numerous reasons to use Neteller to bet on the ponies.
Neteller betting sites deposit Q and A
Neteller betting sites can throw up a lot of questions, which can confuse horse racing punters, but luckily for HorseBetting.com.au readers we have answered some of the pertinent questions:
- Is betting with Neteller safe?
Neteller is based in the UK, and under those strict e-money regulations, it’s required to keep enough funds in various trust accounts to repay all the customers money at any given time. These trust funds are separate from the operating cash.
Keeping funds in a Neteller account is less risky than keeping them in a regular bank account. Neteller uses premium technology like 128-bit SSL encryption, identity verification, and real-time transaction monitoring to ensure that customers’ details and funds are secure.
- Will I get bonuses from a bookmaker with Neteller?
Unfortunately, using Neteller means that you could be ineligible for any welcome bonuses. It’s relatively common that betting sites only let players that use credit cards or bank transfers claim welcome bonuses.
It doesn’t mean that at a later stage you can’t make use of promotions, but if you have your heart set on the welcome bonus, consider making the first deposit using a different method.
- Is Neteller a bank account?
Neteller is an e-wallet. It is a fast and secure way to transfer funds. It is an electronic money service that allows you to send and receive money from all over the world. When you transfer funds to your sportsbook account, the operator doesn’t get any details such as bank account or credit card details. Therefore, it decreases the chances of your financial information getting harvested by hackers.
- Can I bet on the horses using Neteller on my mobile device?
Neteller has got punters covered if they are placing bets on mobile devices. Compatible with iOS and Android platforms, players can fund their betting site accounts on the go. You are also able to finance your Neteller account from your tablet or smartphone.
- How quickly can I open a Neteller account?
Opening a Neteller account is instant; however, to get higher transaction limits, your account needs to be verified. Verification can take up to twelve hours when done the standard way, and if you are using a smartphone, then verification can take as little as two hours. Even with a verified account, Neteller does have transaction limits; which differ according to the country of residence.
Devices that use windows can also use Neteller as a payment option. However, you need to check if your preferred sportsbook is accessible on mobile devices.