Regardless of whether or not you have a Neteller account, there are plenty of reasons to use this payment method when it comes to online bingo. Why? Well, that’s what we’re going to get into right now. In this guide to Neteller bingo sites, we’re going to walk you through the basics, the reasons why you should use it and, finally, some alternatives.
Before we go any further, we should point out that free bingo sites do let you play for free. We’ve covered this in one of our other fantastic guides. However, when it comes to no deposit bingo sites and bonuses, there will often come a point when you need to make a deposit. It’s not always necessary but the majority of the time there will be terms and conditions linked to said bingo bonuses.
These conditions often require you to hit a certain betting target. Naturally, to satisfy these conditions, you’ll need some real cash and, for that, you need to make a deposit. That’s where Neteller comes in. This eWallet allows you to make a deposit or withdrawal at any time via your desktop or mobile. That means you can complete any wagering requirements or simply add funds to your online bingo account and play for cash prizes.
Now we’ve cleared that up, it’s time to get into the finer details of online Neteller bingo sites and why they’re worth your consideration.
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What is Neteller?
Neteller is an online wallet, otherwise known as an eWallet. It can be used to make purchases and store funds, much like PayPal. It became popular in the online casino, bingo, poker and sports betting world back in 2000. Part of its success was down to the fact PayPal shied away from gambling transactions in the industry’s early days. It’s since performed a 180 and, today, PayPal bingo sites are just as popular as any other. However, back in the day, it wasn’t a viable payment method.
Neteller was though, and it embraced the industry wholeheartedly. In fact, at one point, it was responsible for 85% of all online gambling transactions. It doubled down on this in 2015 by purchasing Skrill. Also an eWallet, Skrill deals almost exclusively with online gambling payments, while Neteller remains a more general platform.
One thing that’s important to note is that Neteller isn’t a bank. It doesn’t lend money to consumers or offer things such as interest on account balances. However, it is regulated by the Financial Conduct Authority (FCA). Therefore, it’s legally obliged to store funds in a secure way and guarantee all transactions.
So, while it isn’t a bank, it operates in a similar way. However, the main difference when it comes to processing online payments is that Neteller was designed for the internet. As such, transactions are more efficient which, in turn, makes bingo sites that accept Neteller better for those who want safe, speedy payments.
Neteller Bingo Sites and Bonus Offers
There are plenty of bingo and slots bonuses out there. Scroll through any of our recommended online bingo sites and you’ll find everything from buy one, get one free (BOGOF) deals and jackpot offers to free spins and more. Many of these bingo promotions are available when you make your first deposit as a new customer. When it comes to Neteller payments, the landscape is a little murky. Bingo sites that accept Neteller do offer welcome bonuses and the like. However, you might not be able to get them if you use this deposit method.
For example, Paddy Power Bingo offers all newbies £40 in bonus cash and 40 free spins. But when you scroll through the terms and conditions, you’ll find that certain payment options exclude you from the offer. Neteller is one of these methods. Why? It all comes down to anonymity. Neteller disconnects your bingo and bank accounts. In other words, it operates as a middleman.
That’s great in terms of privacy and security because it means you don’t have to give your bank details to a bingo site. However, the counterpoint to this is that licenced bingo sites need to know who you are. British gambling regulations require operators to complete KYC (know your customer) checks. When you use a debit card, for example, a bingo site will go through various KYC procedures. When you use Neteller, bingo sites hand over a lot of control.
Neteller Bingo Bonuses Are Out There
Basically, Neteller handles a lot of the checks. Therefore, because it’s harder for the bingo company to verify your identity during the initial deposit process, you often get excluded from deals. That, in turn, means you can miss out on certain offers when you choose this payment method. The good news, however, is that there are deals out there.
Moreover, the rules may be different in other countries. Therefore, you shouldn’t be put off. For example, Betfair Bingo doesn’t discriminate against Neteller deposits. That means you can bet £10 and get a £50 bingo bonus, plus 30 free slot spins. Our top tip is to read our bingo site reviews and, in turn, the bonus terms and conditions before making a deposit. Here are some of the best Neteller bingo bonuses:
- Betfair Bingo: Bet £10 to get 200 Free Tickets & £20 Slingo Bonus
- Dinky Bingo: Deposit £10+ to get a £30 bonus, plus 20 free spins and 20 free bingo tickets
- Mint Bingo: Deposit £10+ to get a £30 bonus, plus 10 free spins and 10 free bingo tickets
- Hunky Bingo: Deposit £10+ to get a £25 bonus, plus 25 free spins and 50 free bingo tickets
- Bounce Bingo: Deposit £10+ to get 200 free bingo tickets and 15 free slot spins
Advantages of Playing Neteller Bingo Sites
OK, so we know that Neteller deposits exclude you from certain bingo bonuses at certain sites. That’s clearly a negative and a reason to look for other payment options. However, we’ve also explained that there are Neteller bingo bonuses out there. So, in this regard, the issue of promotions is a wash. Fortunately, there are plenty of other reasons to use our recommended Neteller bingo sites:
Privacy and Security
We’ve already discussed this at length but it’s a point worth repeating: Neteller is safe and secure because it offers a certain amount of anonymity. It’s not anonymous in the same way that Bitcoin et al are. However, when you make bingo deposits using Neteller, you don’t have to connect your bank account to the site in question. Therefore, if you don’t like providing your banking details to a gambling site, eWallets such as Neteller are perfect.
Speed and Efficiency
All bingo deposits are processed instantly, regardless of the method you use. However, withdrawals are a different ball game. Payment options linked to traditional banking systems, i.e. debit cards and bank transfers, can take up to seven days to process. This is because banks were built long before the internet. As such, the security procedures aren’t as slick. In contrast, Neteller bingo sites can process withdrawals within a matter of hours. That’s because Neteller was built for the internet.
Reputable and Legit
The final reason to choose Neteller bingo sites online is the fact this payment method is well-established. The company itself launched in 1999 and it’s been serving the online gambling industry since 2000. It’s recognised by the FCA and gambling regulators around the world. Based on this, we can say with absolute certainty that Neteller is both reputable and legit.
Are Neteller Bingo Sites Safe?
Yes. We’ve said it more than once already but, just in case you missed it, Neteller is safe. The company itself is regulated by the FCA and has to follow strict safety protocols with regards to eWallet transactions. On top of this, Neteller bingo sites are regulated by gaming authorities such as the UK Gambling Commission. Therefore, from all sides, Neteller online bingo sites are safe and secure.
Playing Neteller Bingo Sites on Mobile
Another benefit to Neteller bingo rooms is that you can use them on mobile devices. Regardless of whether it’s via an optimised website or an app, you can listen for the call of the balls on iOS, Android, Windows Phone and Blackberry mobiles.
That’s great for a variety of reasons. However, the best reason to use mobile Neteller bingo sites is that you can make quick deposits and play whenever you like. Games are available 24/7 and, with a mobile, you can access them at any time and from any location.
Alternatives to Neteller Bingo Sites
If you don’t have a Neteller account or would like to use a different deposit method, there are plenty of alternative payment options. For the traditionalists, you can stick with bank transfers and debit cards. If, however, you prefer modern options that disconnect your bank account from a bingo site, there are other eWallets.
Skrill bingo sites and PayPal bingo sites are great alternatives. Taking this a step further, you can use Boku bingo sites. These sites allow you to make deposits by charging them to your phone bill. That’s an even greater level of disconnect and something a lot of consumers enjoy. So, whatever your preferences, there’s an online bingo payment method to suit.
To find your ideal bingo site, check out our reviews, read the terms and conditions, a start playing today.