There’s about to be a lot of competition between alternative deposit providers for online casinos. With the UIGEA set to be enforced in June, those that once relied upon credit cards that have US financial institutions to fund their casino accounts, will now have to find new methods. Alternative deposit methods have always been very popular, but now they will increase in popularity even more. Which is why the extension of Neteller’s recent promotion will be of great benefit, as it will create more incentive for players to try out their services if they’re looking for a new funding option, and players can take advantage of a great offer themselves.
The great promotion from Neteller, which gives players free deposits and cashback initially, began in April. It ran for the month and was supposed to end with the turn of the calendar. The incentive had players making so many deposits, and it also drew in new people; and with that success, Neteller decided to continue the promotion for an extra 16 days.
The Neteller promotion isn’t just limited to existing clients. New online casino players can sign up and claim the incentives that are offered. Those who received the bonus during the month of April, are automatically signed up to receive it again. The way this promotion works is that players sign up on the Neteller site, and then they can receive free deposits and cashback. Typically, this alternative deposit method charges for making money transfers. Players still need to pay the fee upfront, even while using this promotion, but by May 31st they will have the funds returned to them.
The cashback offer is unique. While many players are likely to have heard of this when playing at online casinos, the Neteller version takes a slightly different format, since of course, it doesn’t rely upon the success or failure of a player while playing online roulette
or their favorite casino games. Often, online casinos give cashback on losses so the monetary funds that have disappeared hurt a little bit less for players. Neteller has an even better offer since it is completely independent, providing 1% of the total money transferred to online casinos whether they won or lost with it when playing.
Neteller’s promotion truly comes at a great time. While fees will apply at the end of the promotion for players, this is a great way to get new people to use this service when they give up on credit card use. At that stage, they’re counting on players falling for their service, even with the fees, and continuing to use it for the convenience and security that are both offered.
This is not a promotion that affects online casino bonuses either. Players can still take advantage of any bonuses offered by online casinos for use of alternative deposit methods.