BY JOSH H, OWNER AND EDITOR-IN-CHIEF
Neteller is one of the most common deposit methods accepted at online poker sites thanks to its safety, lack of fees, and instant transfers.
Neteller features a digital wallet banking system where poker players can load their funds and use them to make payments to online poker rooms and other merchants.
Online poker players can sign up at Neteller, link their banking methods, and get depositing and withdrawing at poker rooms within minutes. You can even get Neteller's own debit card for getting poker winnings as cash.
Neteller itself is very simple, but how exactly does it work and what are the best online poker rooms that accept it?
I've been playing online poker with Neteller for more than a decade. I'll help you answer:
"I play exclusively at 888. Used to play on Pokerstars, but 888 is rec heavy and much more profitable."
"I like what Party has been doing lately with the anonymous tables and better rewards."
"I wish more people would play here. I've tried the big sites, but I pretty much stay on Unibet now."
"I have only played on PokerStars for the last ten to twelve years and I find them to be a terrific site."
"If you play a decent amount at Titan the rake cash back can add up to a good amount."
$88 free plus 100%
100% plus $20 cash
$200 plus $20 free
100% or $30 cash
within 24 hours
200% plus 20% rakeback
Neteller is an online payment processing service that belongs to Paysafe Group Plc, a payment provider regulated by the Financial Conduct Authority (FCA) in the United Kingdom (UK).
Similar to industry giant PayPal, Neteller features a digital wallet where poker players can load their funds using many payment methods and then use their Neteller account to make online deposits.
Players do not have to reveal their personal or banking details to online poker sites while using Neteller to make deposits or withdrawals. This makes Neteller a safe, secure, instant, and private deposit option.
Common Neteller deposit methods include:
Neteller offers a Net+ Prepaid MasterCard, which can be used by online poker players both in the physical and virtual form. Players can use the Net+ card for faster access funds withdrawn to their Neteller account.
Once a poker site sends your withdrawal to your Neteller account, you can then either withdraw cash with the Net+ card at an ATM or use it at any merchant, online or in person. This skips the step of sending your money from Neteller to your bank before you can use it, which often takes 2-3 business days.
Neteller, one of the biggest independent fund transfer businesses in the world, processes transactions worth billions of dollars every year, many between real money online poker rooms and players.
Neteller was launched in Canada in 1999 and began processing poker site transactions in July 2000. Neteller is now available in over 200 countries. Neteller has millions of registered users from all over the world, many of whom use their virtual wallets for online gambling banking.
In 2004, the Neteller headquarters were shifted to the Isle of Man, which, coincidentally, is one territory that PokerStars is headquartered in.
In 2007, Neteller's operations were frozen due to the US government's objection to processing poker deposits and withdrawals from Americans.
Although Neteller's revenues took a significant hit after withdrawing their service to Americans, they've largely recovered in the decade since, remaining one of the most popular deposit methods for online poker players around the world.
In 2015, Neteller acquired Skrill, one of the biggest online poker payment services in Europe. Aside from poker, Neteller has its brand visibility in recent times after it signed a sponsorship deal with Crystal Palace, a football club that is part of the English Premier League.
Players can use Neteller to deposit/withdraw at poker sites for free.
Neteller offers plenty of low-cost deposit options with direct bank transfers being free.
Players can deposit at poker sites without revealing their banking details.
All major real money poker site apps support Neteller transactions.
Online poker rooms often give extra bonuses to players using Neteller.
Step 1. Create a Neteller account
Players can create an account at Neteller free of charge. The signup process should only take a few minutes.
Step 2. Load your Neteller account
Neteller offers deposit methods such as Bitcoin, Astropay, Dineromail, Euteller, Fast Bank Transfer, GiroPay, iDeal, Maestro, MasterCard, Neosurf, Paysafecard, and Nordea. Players have to pay fees for using these methods and the fees vary based on the method chosen. However, they can load their Neteller eWallet free of charge using International Bank Transfer and Local Bank Deposit.
Step 3. Create an account at a Neteller poker site
Players should now find a licensed and regulated online poker room and create an account. This should also take a few minutes and can be done free of charge. My current top-ranked option for Neteller is 888 Poker.
Step 4. Select Neteller as your deposit option
Players should then login to their online poker site accounts, visit the cashier, and select Neteller as their preferred payment method.
Step 5. Make a deposit
As soon as poker players select Neteller as their payment method, they will be prompted to enter their Neteller account ID, secure ID, and deposit amount. They will then be taken to their Neteller account page from where they can initiate and confirm the payment.