As an electronic payment and online wallet service, Neteller allows you to make payments and transfers digitally. It stands out from its competition because of the unique combination of features it comes with. The payment provider offers support in multiple currencies, along with free transactions on most betting platforms. Further, the transfer limits are also very generous with both deposits and withdrawals. Overall, Neteller makes for a great choice for online sportsbooks and their bettors. Hence, it should be no surprise that there are plenty of Neteller betting sites in New Mexico.

In this article, you’ll learn about making deposits and withdrawals using Neteller, as well as the pros and cons of using the payment platform. You will also discover some leading alternatives to Neteller. Read on to learn more about Neteller betting sites in NM.

About Neteller and sports betting

The first version of Neteller was released in Canada in 1999. But it moved to the Isle of Man five years later. It is now part of the Paysafe Group (formerly Optimal Payments Plc). The company also owns its competitor, Skrill, and the prepaid platform Paysafecard. As of today, Neteller enables the exchange of funds with merchant entities such as trading firms and social networks. Neteller can also serve the functions of a bank account, such as the ability to stockpile funds online. However, it is not a bank, with regulations requiring it to store its customers’ funds in secure trust accounts.

For betting purposes, Neteller is an electronic payment service with which you can load your NM sportsbook account. You can also use it as an online wallet to store some cash for future use. In order to transfer cash, all you need is the email address of the receiver, and you can initiate a transaction. Further, Neteller comes with mobile apps for both iOS and Android that you can use to make fast, convenient payments on the go.

How to deposit with Neteller on New Mexico betting sites

Making deposits with Neteller on NM betting sites is an easy two-step procedure. First, you will need to create your Neteller account and upload some funds. Then, head to the deposit section of your sportsbook and confirm your payment details.

  1. Create an account at Neteller. Fill out your basic details, along with any security questions and your password. The process is free and should not take more than minutes.
  2. Add funds to your Neteller account. Visit the ‘money in’ section and initiate your deposit request. Enter your card details, then input an amount and complete the transaction.
  3. Sign up to an NM betting site that accepts Neteller. You can easily find a vetted list of sportsbooks on this page. Simply choose one that you like and head to registration using your personal information.
  4. Click on the “Deposit” section and choose Neteller. Log in to your sportsbook and visit the cashier/banking section. Select Neteller from the list of given deposit methods.
  5. Enter the deposit amount, your Neteller email address, and follow the prompts. You may also need to enter your Secure ID, which you can easily locate under the ‘Account’ menu of your Neteller profile.

How to withdraw to Neteller from a sportsbook in New Mexico

Withdrawing your winnings using Neteller is also an easy two-step process. First, visit the withdrawal section of your sportsbook and initiate a withdrawal. Secondly, move the funds from your Neteller account to your bank account or withdraw at an ATM.

  1. Visit the cashier section of the NM sportsbook. Log in to your sportsbook account and visit the cashier/banking section. Select withdrawal to see a list of the available methods.
  2. Choose Neteller as your withdrawal method. Select Neteller and enter the amount you wish to withdraw. Make sure you deposited using the same payment method earlier.
  3. Follow the instructions and verify the transaction. Enter the email id associated with your Neteller account and follow the prompts. You may need to enter your Secure ID again to authenticate the transaction.
  4. Transfer the money to your bank account. Otherwise, you can use your Neteller MasterCard to withdraw your money from an ATM. Now you can simply move your funds over to the bank account of your choice. You can also withdraw your winnings at a local ATM if you possess the Neteller MasterCard.

Benefits of using Neteller on New Mexico betting sites

There are plenty of benefits to using Neteller on New Mexico betting apps and betting sites. Among these are privacy, speed, and convenience. You can explore them in detail below.

  • Anonymous: Neteller creates a virtual firewall between your banking data and the betting site. Payments get processed using a unique Secure ID, and the betting site does not get to see your bank account details or your card number.
  • Fast deposits & withdrawals: The platform processes deposits promptly after they get confirmed. Apart from deposits, withdrawal timelines also range just in hours, giving bettors fast access to their winnings.
  • Easy to use: Neteller is literally very handy to use. With elements like a mobile app and the Net+ card, Neteller brings a lot of portability and convenience to online banking.

Drawbacks of using Neteller on betting sites in NM

As swift, convenient, and secure as Neteller may be, there are some downsides to using the platform. These include a tedious verification process and potential fees. Below, you can explore the same in detail.

  • There are some fees. While most betting sites provide Neteller-based transfers for free, some may levy a fee for using the platform. Further, if you choose to withdraw your winnings using the Net+ card, you may be subject to ATM fees as well.
  • Verifying your Neteller account isn’t instantaneous. The same may apply to individual transactions as well. Your deposits may only get confirmed once you provide the Secure ID issued within 24 hours. This may come off as tedious for frequent or avid bettors.

Top alternatives to using Neteller on New Mexico gambling sites

Neteller may be a popular payment method owing to its anonymity, speed, and ease of use. But it is not your only option. You can also make payments using the following methods.

  • Prepaid card: Prepaid cards are a smart way to top up your sportsbook balance. They are separate from your bank account and can carry limited funds to further cut down on the risk of theft. Apart from anonymity, they also offer speed and security features.
  • Discover Card: Discover Card is a great way to balance convenience and safety in your online banking. You also get rewards, cashback, and welcome bonuses on eligible sportsbooks. It is a safe payment option that is easy to use as well.
  • PayNearMe: PayNearMe is an innovative way to pay for online sportsbooks. You don’t need a credit or debit card, and you don’t need access to a bank account either. Simply visit a local retail shop or pharmacy that supports PayNearMe to make your deposits. To withdraw, you can visit an ATM and cash out your winnings.


How do I check if a betting site in New Mexico accepts Neteller?

You can check if a betting site in New Mexico accepts Neteller right here on this page. There is a vetted list of sportsbooks with support for Neteller. You can also locate Neteller manually near the bottom of betting websites, and in their terms & conditions.

Does using Neteller on sportsbooks in NM give you bonuses?

No, using Neteller on sportsbooks in NM does not give you bonuses. Most betting sites come reserved for supporting bonuses on Neteller-based deposits. A few, however, do allow you to avail of the regular bonuses using Neteller. It is advisable to read the terms & conditions before you proceed.

Is it safe to use Neteller on New Mexico betting sites?

Yes, it is extremely safe to use Neteller on New Mexico betting sites. This is because Neteller uses a Secure ID in addition to standard encryption for its transactions. Your banking details also remain confidential from the betting site. Overall, Neteller is a safe and trusted platform to use on betting sites.