Using Wallet Systems

If you are looking to place bets online then you really should bring about investing in an online wallet system. You probably have seen them advertised or seen them as deposit options when making your deposits online with various betting sites. Neteller is the most popular option they have been around for many years and far a free solution for gamblers to keep all their funds in one place. It works in much the same way as PayPal does when sending money between retail outlets such as eBay.

You can fund your neteller account using a credit or debit card alternatively you can make a bank transfer or even use Bitcoin. Once you have money in your neteller account you can send and receive money from almost any online gambling sites on the planet. White using neteller it is an easy way of using Bitcoin to send money to an online gambling site which would otherwise not directly accept it.

One of the best reasons for using neteller or a wallet system is that you know exactly how much you have one or lost every month. By using a standard debit card or credit card you may often lose track of how much you deposit online and you may get a shock at the end of the month when reviewing your transactions will stop a wallet system also allows you to keep your gambling transaction separate for example if you don’t want your bank manager looking at your financial statements and seeing lots of gambling transactions if you are applying for a mortgage. Instead he will see the occasional transactions to neteller.

Withdrawing money is easy and can be done using a debit card which neteller will send you in the post. Alternatively you can withdraw to your bank account which takes just a few days and costs just a few pounds.

Although neteller is the most popular option for gambling wallets in the UK PayPal is now widely accepted by gambling sites such as ladbrokes or bet365. You will no doubt have heard of PayPal as they are the biggest payment processor in the world and are owned by eBay. So if you are looking for a trustworthy wallet solution and live in the UK will be hard pressed finding a better option than PayPal.

Charges to the user very depending on which wallet system you use. Although you will not be charged for depositing or withdrawing to any gambling site you may be charged fees when withdrawing money from neteller or PayPal but this should only be a few pounds per transactions so make sure you withdraw as much as possible in one go