Neteller Online Casino Deposits
Neteller was once synonymous with real money gambling payment processing and was actually involved in more than 80% of all gambling-related transactions back in 2005, but the company lost its dominant position when it had to pull out of the US market in 2007. Despite suffering such a major setback, Neteller is still one of the most popular e-commerce companies in the world, allowing customers from nearly 190 countries to transfer their funds between online merchants and their own accounts, which are often referred to as e-wallets.
As you’ve probably already guessed, many of those vendors are poker sites, online casinos, sportsbooks, and real money bingo services. If that wasn’t enough, Neteller deposits are perfectly safe, 100% reliable, and pretty much instant. Oh, and you can get a cool prepaid that allows you to withdraw directly from your Neteller account via an ATM. All things considered, if you could choose only one banking method to deal with all the real money gambling sites, Neteller would probably still be the right choice as long as you didn’t live in the US.
Making a Neteller Deposit
Creating a new Neteller account requires you to provide the company with a valid e-mail address and your bank account details. Much like in the case of all the other e-commerce companies, making a Neteller payment doesn’t require you to provide your gambling operator with any sensitive information beyond the basic things that you had to submit when setting up your gambling account.
Setting up a Neteller deposit is very simple: all you have to do is open the appropriate cashier menu, select Neteller as your preferred payment option, enter the amount of cash that you’d like to send, and confirm the transfer. As briefly touched on above, Neteller deposits are lightning-fast, allowing you to enjoy the real money games as soon as you make the decision to join a Neteller-friendly site.
Another great thing about Neteller is the fact that the fees are ridiculously low. Furthermore, no gambling site will ever charge you on Neteller payments or cash outs. In fact, it’s quite the opposite, as many Europe-facing gambling sites offer special bonuses and rewards that are available exclusively for players who opt to deposit using this method.
Finally, the Neteller prepaid card is readily available for all the owners of verified Neteller accounts, allowing you to spend your winnings without transferring anything to your primary financial institution and making it easier to keep your savings and gambling funds separate.
Neteller Payments in the United States
As briefly mentioned above, Neteller used to be the dominant payment processor both globally and in the United States before the Unlawful Internet Gambling Enforcement Act of 2006 made it illegal for financial companies to handle any gambling-related transactions involving US-based players.
The company made the final decision to leave the US market in February 2007, two days after two of the company’s founders – Stephen Lawrence and John Lefebrive – had been charged with money laundering by US authorities and arrested. Neteller’s biggest competitor, Skrill/Moneybookers quickly followed suit, which left the American gambling enthusiasts pretty much stuck with unreliable credit card deposits and expensive money orders.
Despite this regrettable turn of events, both Neteller and Skrill now have a chance to make a return to the US market, albeit in limited capacity. The return of e-wallet services like Neteller has been made possible by the launch of regulated online gambling markets in states like Nevada, New Jersey, and Delaware.
Processing payments for those sites is perfectly legal under both state and federal law, and while companies like Neteller can’t expect the same levels of traffic or profitability, it is definitely a step in the right direction when it comes to legalizing online poker and casino games all over the United States.
Best Online Casinos That Accept Neteller
As you’ve probably already guessed, Neteller deposits are offered by pretty much every site operating on the European or international market. In fact, the service has become so popular, that the sites that don’t support Neteller payments and cash outs simply fail to attract significant amounts of players. As a result, choosing Neteller as your primary banking method allows you to enjoy every conceivable form of gambling and every noteworthy software platform.
As you’d expect, the downside of this phenomenon is the fact that some of the Neteller-friendly sites don’t really adhere to the highest standards in terms of quality to say the least, but you can rest assured that all the sites that have been reviewed and recommended by our experts have plenty of top-notch gameplay and lucrative bonuses to offer.
Finally, you should keep in mind that Neteller banking isn’t supported by US-facing gambling operators, which unfortunately includes virtually every Topgame, Real Time Gaming (RTG), and Rival casino site.