Neteller India Review
Neteller India is another great choice for Indian players to deposit. It has moderate fees compared to other ewallets, but may be a better option depending on how you plan to use it.
Be sure to carefully compare the fees of the different ewallets.
Sites Accepting Neteller
Neteller Deposit Overview
Ewallets are the best banking option for Indians looking to play at online casinos, poker sites or make bets on bookmakers. Once the account is set up, they have the highest success rate of any option available. Netller is a leading ewallet for providing a trusted service, lower fees than competitors like Entropay, and convenient funding options including credit cards and bank transfers. Players can also use Neteller to withdraw from their player accounts in addition to using it for deposit.
How it Works
Neteller is an ewallet and works much the same as any other. Players fund their ewallet account using various methods, including bank transfers, credit cards, checks and more. Once money has been transferred to the ewallet, this acts as an online bank account that the player can use to deposit and withdraw at betting sites.
Fees: Deposit, Transfer, and Withdraw
Fees to Fund Neteller Account: 0 – 5%
Depending on the method used to fund your Netller account, fees range from 0 to 5% of the deposit amount. However, most methods are not over 1.75%. Of course, we recommend funding your Neteller account with either Maestro cards or Bank Transfers if possible because these methods are free.
Popular Funding Options
Bank Transfer: FREE
Transfer to/from Betting Sites: FREE
Generally, betting sites do not charge their players fees for either withdrawing or depositing using Neteller. None of the betting sites that we recommend charge for using Neteller. This means you can freely use your Neteller account to take money from one betting site and move it to another if you would like. To do this, you simply need to transfer money from site A to your ewallet, and then transfer it to site B.
Transfers to Other Neteller Accounts: FREE
There are no charges for transferring to other Neteller accounts.
Withdrawing from Neteller: Free* – 25 EUR, Average 7.5 EUR
Withdrawing is how Neteller makes most of its money to operate. Most fees will be about 7.5 EUR for bank transfers or checks.
See a full listing of their fees here.
Why Use Neteller India?
We recommend ewallets such as Neteller to all Indian players. Depositing can be the most challenging aspect to freely betting online. Methods like credit cards and some bank transfers are sometimes difficult to execute. However, ewallets have a 100% success rate once money is transferred to the ewallet.
Ewallets also provide a layer of privacy for the player. If a player transfers funds directly to online betting sites, a transaction will show up on bank statements or credit cards as a transaction with the betting site. However, when using Neteller, the transaction is between the credit card or bank and Neteller. This means that any transfers will show as transactions with Neteller. What you do with the money after you transfer it to Neteller will remain only on your ewallet account.
Ewallets also allow easy transfer of funds from one betting site to another. This is useful to take advantage of various bonus offers or odds offered by the various sites.
Also see our favorite ewallet, Skrill/Moneybookers.
How to Set Up Neteller India Account
Signing up with Neteller is simple, but does require a few steps. To get started, simply go to www.Neteller.com and click on the Personal tab at the top. Now click ‘Sign-up’.
Security Information. You will be required to provide some information confirming your identity as well as security info to make sure your account is protected. You will also be asked to provide security questions to help verify your account in case you lose your log-in details. After you fill out the required details, we recommend you take a screen shot of the registration page by pressing CTRL + Print Screen (on PC) or cmd ⌘ + Shift + 3 (on Mac) and print this for your records.
After you complete this process you will be emailed your account ID and security ID. These are very important. Keep this on record.
To make a final confirmation of the account you may be required to call Neteller. Be sure to call from the phone number you used to register the account. They will verify your details and your account.
Linking your Bank Account. We have found funding ewallets through bank transfers is the easiest solution. If you have an account, we find it is best to go ahead with the process of linking and confirming the account. This process can take a few days, so it is best to get it out of the way.
To link a bank account, click “verify identity” on the account tab. Then select “Register/Add a bank account”. Fill out the account details as needed and click “Continue”. To confirm the account, Neteller with deposit very small amounts (micro transactions). After you see these deposits made, go to Neteller.com and select “verify your bank account”. You will be required to enter the total amount of the micro deposits. Be sure you enter the correct amount. It will give you four chances to enter the correct amount. If you don’t enter the correct amount after the fourth attempt the process will restart. If you don’t do it correctly after the 2nd attempt, we recommend you call their customer service line to make sure you are doing it correctly.
Tips on Using Neteller India:
* We strongly suggest linking your bank account to Neteller. This creates for a much easier process to fund and withdraw from your ewallet account. If you don’t link your bank account, you can’t make bank transfers. This process can take a few days so be sure to start the process immediately.
* When using any type of financial site or service online, always look for the address bar that begins with HTTPS instead of just HTTP. The S stands for SECURE. This helps to guard your personal info.
* Only withdraw from Neteller when necessary. The largest fees and perhaps only fees you will incur are when you withdraw funds from your Neteller account. So be sure to only withdraw when you are certain you won’t use that part of your bankroll again for future games.
* Since Neteller is accepted at multiple sites, take advantage of the different bonuses or odds between the sites. Simply withdraw money from one site to your Neteller account and deposit onto the site giving a better deal on bonuses or odds.
Neteller India Brief
- Accepts Indians
- Moderate Fees for Ewallets
- High Trust and Security
- Set-up Takes Time
Funding Neteller India Account
- Bank Transfer
Neteller India Fees
- Funding Account: Free – 5%
- Transfer ⇨ Betting Site: Free
- Transfer ⇦ Betting Site: Free
- Withdraw From Account:
Free – 25 EUR
Frequently Asked Questions
Horse race betting is not all about luck. If you follow the sport and understand horses, categories and forms going into an event, you can actually apply your knowledge and make winning bets. Therefore, you have some control over the outcome. Luck is still involved, but not as much as in other forms of betting where it is all about blind luck. Therefore, betting on horse racing could even be a good form of secondary income for those that know what they are doing.
First, you need to sign up with an online bookmaker. In India, the leading online horse racing portals are the likes of Bet365 and Betway. Once you register and create an account with the online bookmaker, you can make deposits using credit cards, debit cards, e – wallets, etc. and then make real money bets as you please. The bookmaker will publish the odds for the different events, horses and bets.