The History of Neteller Bingo Sites
Having said all that, the company was in fact originally founded in Canada! It was formed in 1999 to help service payments to the new and rapidly growing online gambling industry. At the time, many of the larger banks and financial services companies were reluctant to transfer payments to online gambling sites.
There were several reasons for this. Firstly, many of these sites did not have much of a track record: online gambling was a new phenomenon, so there was little chance for these fledgling businesses to build up a decent financial record. The gambling industry did not exactly have a reputation for financial rectitude in any case, particularly on the other side of the Atlantic. There was also the problem that the legal status of the new industry being unclear, leading many banks to decide not to take on the risk.
This clearly left a big hole in the market, with players keen to take advantage of the new services, but few means of funding their play. Neteller was only too willing to fulfil this latent demand, and started to process payments to online bingo sites and casinos in the summer of 2000. It was an instant success. Within months, it was processing deposits and withdrawals for well over 80% of the world’s online casino operators, with around 95% of the company’s revenues being derived from online gambling payments.
Whilst this success was very welcome, it did leave the company vulnerable to precisely the kind of events the mainstream banking industry had been concerned about all along. Sure enough, a severe tightening of the regulations with regard to online gambling in the United States struck a devastating blow to the company’s finances. Their American players’ accounts were frozen as online gambling was effectively banned in most states. As a result, Neteller’s revenues collapsed from close to $240 million in 2006 to just over $60 million by the end of the decade.
The newly inclement financial climate caused Neteller to move the company across the Atlantic, relocating to a new headquarters on the United Kingdom protectorate of the Isle of Man. This move took place in 2004, and the company remains based on the Irish Sea island to this day. Neteller has made much headway in its attempts to diversify in the intervening years, which has met with considerable success. It has recovered from its earlier difficulties and continues to thrive, although a large proportion of its revenues continue to flow from its online gaming interests.
In the summer of 2019, the company quit the American market completely and it is no longer in operation there. Which is more than a little ironic, as it is at just this point that the regulations with regard to online gaming in America are being loosened in many states.
The online payment industry has undergone considerable consolidation over the past decade or so. Previously popular payment methods such as Ukash, Skrill and Moneybookers have all been taken over, with some remaining operational and others closed or merged. Neteller itself merged with Skrill before itself being acquired by Optimal Payments PLC, the owners of pre-payment card service Paysafecard, in 2015. This conglomerate, since re-named after its primary service as Paysafe Group, remains the owner of Neteller at the time of writing. Neteller continues to operate as separate payment system, and remains headquartered in Douglas, the capital of the Isle of Man.
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| Overall Rating: |
4 |
| Member Rating: |
4 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
Yes |
Payment Methods Available
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| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
Yes |
How Do Neteller Bingo Sites Work?
Neteller is an electronic online payment and money transfer service. It’s free to open an account. All you need is a valid e-mail address to get started. You’ll need to think of a secure password, and to link your Neteller account to a credit card, debit card or your bank account. You can also transfer funds to friends and family via their e-mail address. They’ll also need to have a Neteller account in order for them to withdraw their funds.
There are dozens of different ways to upload funds to your Neteller account, depending on where you are in the world. For United Kingdom based account holders, there are several easy to use alternatives, such as Visa credit or debit cards, your bank account, Paysafecard, Pay by Phone and Trustly. You can even use bitcoin.
There is no fee to pay when you use your Neteller account to make payments. A minimum 1.45% fee is charged for money transfers, and there is also a fee to pay when you upload funds to your account. This can vary according to the method chosen, but will usually be charged at 2.5% of the amount deposited. There are also fees for withdrawing cash, and for any currency conversion involved in a transaction.
Neteller and Online Bingo Sites
Neteller remains a very popular means of making payments to online bingo and casino brands. It is convenient, swift and secure – your personal financial details are never disclosed to the recipient of your funds. Most online gaming sites accept Neteller as a way for players to make their deposits.
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| Overall Rating: |
9 |
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5 |
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9 |
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| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
Yes |
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Yes |
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No |
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No |
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No |
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No |
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5 |
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7 |
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7 |
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7 |
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8 |
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7 |
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7 |
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8 |
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7 |
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7 |
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Yes |
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2015-08-01 |
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| Overall Rating: |
5 |
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5 |
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6 |
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7 |
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7 |
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7 |
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7 |
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7 |
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6 |
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7 |
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8 |
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7 |
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6 |
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7 |
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8 |
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7 |
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7 |
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Yes |
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2014-01-01 |
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| Min Deposit: |
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4 |
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4 |
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Yes |
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No |
| BOGOFF: |
No |
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Yes |
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No |
| BOGOFF: |
No |
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8 |
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4 |
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7 |
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7 |
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7 |
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8 |
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9 |
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8 |
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7 |
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7 |
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3 |
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Yes |
| Established: |
2006-01-01 |
| Reg Number: |
39544 |
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0800 028 7747 |
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support@betfred.com |
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7 |
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7 |
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7 |
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7 |
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8 |
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7 |
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7 |
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7 |
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8 |
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7 |
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7 |
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Yes |
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2010-06-01 |
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| Min Deposit: |
10 |
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No |
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No |
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| Overall Rating: |
8 |
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4 |
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8 |
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7 |
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7 |
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9 |
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8 |
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8 |
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7 |
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8 |
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8 |
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7 |
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8 |
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Yes |
| Established: |
2005-01-01 |
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54743 |
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| Min Deposit: |
5 |
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| Overall Rating: |
8 |
| Member Rating: |
4 |
| Offer Rating: |
8 |
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8 |
| Support Methods Rating: |
7 |
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7 |
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7 |
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7 |
| Rooms Rating: |
7 |
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7 |
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8 |
| Bingo Jackpots Rating: |
7 |
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7 |
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7 |
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8 |
| Product Rating: |
7 |
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7 |
Checklist Information
| UK Licenced: |
Yes |
| Established: |
2014-07-01 |
| Reg Number: |
39075 |
| Email: |
support@dottybingo.com |
| Min Deposit: |
10 |
| Min Withdrawal: |
0.01 |
| Penny Bingo: |
No |
| BOGOFF: |
Yes |
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No |
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| Overall Rating: |
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3 |
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8 |
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7 |
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7 |
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7 |
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7 |
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7 |
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7 |
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8 |
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7 |
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7 |
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7 |
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8 |
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7 |
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7 |
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| UK Licenced: |
Yes |
| Established: |
2013-02-01 |
| Reg Number: |
39075 |
| Email: |
support@glossybingo.com |
| Min Deposit: |
10 |
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0.01 |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
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No |
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| Overall Rating: |
3 |
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3 |
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Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
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| Overall Rating: |
4 |
| Member Rating: |
5 |
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| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
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Yes |
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No |
| BOGOFF: |
No |
| Newbie Rooms: |
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| Overall Rating: |
5 |
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5 |
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| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
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| Overall Rating: |
4 |
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4 |
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Yes |
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No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
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| Overall Rating: |
4 |
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4 |
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| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
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| Overall Rating: |
5 |
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5 |
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Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Payment Methods Available
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| Overall Rating: |
3 |
| Member Rating: |
3 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
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Payment Methods Available
Our Ratings
| Overall Rating: |
3 |
| Member Rating: |
3 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Spy Bingo is good at what it does, which is providing exciting bingo and slot games in an easy to use site. Spy Bingo might not exactly break new ground, but it's reliable, and comes from a well-known platform. For players who want to enjoy a huge range of bingo rooms without a tonne of fuss, it's perfect.
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Deposit £10 and play with £40
New players only. Min deposit £5, get 300% up to £105 bonus. To withdraw winnings related to bingo bonus, wager x4 times the deposit + bonus funds. To withdraw games bonus and related winnings, wager x80 times the amount of the bonus. Bonus wins are capped at £100, exc jp win. Deposit can be withdrawn at any time. Wagering requirements vary by game. Withdrawal restrictions and full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
4 |
| Member Rating: |
4 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Lucky Charm Bingo is colourful and cute, and will provide a cheerful backdrop to your gameplay. There are plenty of offers to keep the site interesting, and lots of games to enjoy. The choice of free bingo is very exciting, and is sure to catch the attention of players considering joining the site.
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Deposit £10, Get £20 bingo bonus + 20 Free Spins + spin the Lucky Charm Wheel
Valid until further notice. 1st time depositors only. Players must be 18+. Min Deposit £10. Max bingo bonus £20. To withdraw Bingo Bonus & related winnings, wager x4 the amount of your bonus funds. 20 Free Spins [FS]. FS are valid on Dazzle Me for 7 days. FS wins are granted as Games Bonus after all FS are used. Games Bonus funds generated from FS winnings must be wagered x80. Max Games Bonus funds transfer to real money: £100 + the initial bonus amount. Max Wheel prize 20 spins. Each wheel segment has an equal chance of winning. Wagering requirements vary by game. UK only: deposit balance is available for withdrawal at any time. General withdrawal restrictions and Full Terms apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
5 |
| Member Rating: |
5 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Scary Bingo brings the Halloween style to bingo in a cute and creepy site full of ghosts and ghouls. The bingo rooms are plentiful and varied, with lots of free bingo options for players to enjoy. There are also hundreds of slots to choose from, and exciting promotions to spice up the experience.
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Get £40 to play with when you deposit $10
New players only. Min deposit £5, get 300% up to 105% bonus. To withdraw winnings related to bingo bonus, wager x4 times the deposit + bonus funds. To withdraw games bonus and related winnings, wager x80 times the amount of the bonus. Bonus wins are capped at £100, exc jp win. Wagering requirements vary by game. Withdrawal restrictions & full T&Cs apply.
Payment Methods Available
Our Ratings
| Overall Rating: |
3 |
| Member Rating: |
3 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Farmyard Bingo has lots going for it; from its cheerful theme to its extensive range of both bingo and slot games, players will be pleased with what they find here. The choice of bingo rooms in particular is great. The cash-only policy will delight players who dislike wagering requirements, but may not suit bonus-hunters quite as well.
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Discover Farmyard Bingo's current Welcome Offer
18+ new players only. Offer valid until further notice. Minimum deposit £10. Maximum amount of tickets is fixed at 120. Tickets will be awarded to 4 specified rooms only, 30 tickets per room. Max 6 tickets per game. Winnings in real cash. Deposit balance is available for withdrawal at any time. General withdrawal restrictions & full T&Cs Apply
Payment Methods Available
Our Ratings
| Overall Rating: |
3 |
| Member Rating: |
3 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |
Overall, Crocodile Bingo may be a little simple with its cartoon graphics, but the bright colours are nice, and the theme is fun. There are tonnes of bingo rooms to choose from, which is a great asset to the site, and there are plenty of slot games to go with them as well.
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Deposit £10 and receive 120 bingo tickets
18+ new players only. Offer valid until further notice. Minimum deposit £10. Maximum amount of tickets is fixed at 120. Tickets will be awarded to 4 specified rooms only, 30 tickets per room. Max 6 tickets per game. Winnings in real cash. Deposit balance is available for withdrawal at any time. General withdrawal restrictions & full T&Cs Apply
Payment Methods Available
Our Ratings
| Overall Rating: |
3 |
| Member Rating: |
3 |
Checklist Information
| UK Licenced: |
Yes |
| Penny Bingo: |
No |
| BOGOFF: |
No |
| Newbie Rooms: |
No |
| Featured Site: |
No |