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Are you excited to bet on an upcoming football game? Then you must be looking for a way to send real money to your sports betting site. If you still haven’t found the right choice for you, then maybe you’d like to try NETeller. NETeller is an electronic wallet services provider that was established back in 1999 by a British company called Paysafe Group Plc.
Today, NETeller is a popular alternative to credit cards when it comes to online transactions. NETeller is available in more than 200 countries worldwide, and can process transactions for up to 22 currencies.
How to Use NETeller for Sportsbook Deposits
In order to use NETeller for online transactions – including online sportsbook deposits – you first have to create a NETeller account. This is a pretty easy thing to do if you are already used to creating internet accounts.
First, you have to go to the NETeller website. You will instantly see the “Join for Free” button on the home page. You have to enter the usual personal details – email address, birthdate, age, gender, address, etc. You will then have to use a credit card or bank account to fund your NETeller account.
Just like other electronic wallets, NETeller charges fees for funding your account. NETeller accepts more than 40 funding options, so it’s pretty convenient for online punters all around the world.
Here are the most common funding options and corresponding fees:
- Maestro - 1.9% to 4.95%
- MasterCard - 1.9 to 4.95%
- HSBC - 7%
- Paysafecard - 7%
- Skrill - 1.9%
- Visa - 1.9 - 4.95%
- Bitcoin - 5%
- Fast Bank Transfer - 0 to 1.5%
- Quick Bank Transfer - 1 to 3.8%
To check the other payment options and charges, simply go to the NETeller website.
Pros and Cons of Using NETeller Sportsbooks
The major upside to using NETeller sportsbook deposits is that you do not have to disclose your credit card details to new sports betting sites. Some punters are not comfortable with the idea that a sports betting site saves sensitive card details, so if you are one of these people, NETeller sports betting sites are good alternatives.
NETeller is also a brand that is known for speed. If you value the speed of payment processing, you will be impressed at the how quick your deposits will be received by sportsbooks that support NETeller.
When it comes to disadvantages, NETeller has additional fees and charges that you need to deal with (as you have seen above). Credit cards and pre-paid vouchers typically do not have these additional fees, so you might want to check out those options if you do not like the idea of being charged for every transaction you make. If you also plan to make a sportsbook withdrawal, NETeller will deduct an amount before you receive your winnings.
Another downside is that NETeller does not offer online sports betting bonuses, unlike other electronic wallets like Skrill.
Finally, NETeller does not have a mobile app, so this can prove to be inconvenient if you love betting on sports using your mobile phone.
NETeller VIP Program
Once you create an account at NETeller, you will automatically be part of the site’s VIP loyalty program. NETeller’s program has a total of five levels, and levelling up depends on how much you deposit to the site per calendar year.
You may be able to reach higher levels of the VIP scheme if you are a high roller, but the higher levels have incredibly huge requirements (the Platinum VIP and Diamond VIP levels require £500,000 and £2,000,000 per calendar year respectively).
So if you are looking for an electronic wallet brand that is fast and can handle international transactions, consider NETeller. If you want to look at other options, you can consider pre-paid vouchers like Paysafecard sportsbook deposit or digital currencies like Bitcoin sports deposit. To learn more about these, just take a look at the articles here on hityah.com.