iDeal is the go-to payment option in the Netherlands for users that want to make instant deposits at their favorite bookmakers. The payment option allows punters to top-up their online betting accounts straight from the bank account with no fees or delays. Ever since it was launched, in 2005, iDeal grew steadily and got to the point where it holds a huge share of all online betting payments in the country. You can use iDeal with all the banks in the Netherlands and the biggest names are ABN AMRO, ING Bank, Radobank, or De Volksbank. To discover everything there is to know about using iDeal at online bookmakers, the fees involved or the processing times, check out the article we prepared.
Some of the most experienced punters know that some deposit options come with certain restrictions when it comes to claiming the bonus for the first deposit. Most of the time, it’s ewallets like Neteller or Skrill that can make a bettor not eligible for the first deposit bonus because of how simple it is to create such an account, without having to verify your identity to use it. So, to reduce the risk of issuing multiple first deposit bonuses to the same person, or to discourage fraudulent players to create multiple accounts, some sportsbooks decided not to issue the first deposit bonus for these payment options.
However, since iDeal is a payment method that acts as an intermediary between your bank account and the bookmaker, there’s no reason for the bookies not to apply the first deposit bonus. So, you can rest assured knowing that depositing with iDeal will make you eligible for all the bonuses offered by the bookmaker, that are destined for your account.
The process of making a deposit at your online bookmaker using iDeal is just as simple and straightforward as with any other payment option. Once you made sure your bank can be used with iDeal, all you have to do is create an account with the bookmaker that offers the best services. If you need any help with that, we have some great examples listed on this page. Next, login to that bookmaker, locate the “Cashier” or “Deposit” button and click on it. Once you done so, these are the steps to follow so that you make an instant deposit with iDeal:
Depositing with iDeal is not only instant, but it also does not imply any fees or taxes. The minimum amount supported by iDeal is €20, while the maximum you can deposit in one go stands at €2,000. Of course, you should check with your bank and see if you will have to pay any taxes for using iDeal, however, most of the Dutch banks don’t apply a commission for inter-bank transfers.
You successfully made a deposit and used the funds to place the bets you felt are the right ones to win. After the bets were settled, it turns out your instinct was right and now you have a nice amount in your bookmaker balance. Unfortunately, you won’t be able to use iDeal to get your funds back into your bank account. However, you can opt for a Direct Bank Transfer if you still want to get the funds in the bank account or choose to take the funds out via credit card or ewallet.
An ewallet would be the best choice for withdrawing the wins after depositing via iDeal since the processing time for a transaction is very short and can take as little as 1 hour to be completed, depending on the bookmaker.
You don’t have to sign up or create another account with any third-party to use iDeal. All you need to be able to deposit with iDeal is access to internet banking from the bank where you have the account. With the credentials ( or token) to access internet banking, you will be able to use iDeal directly, without having to waste time on creating a new account.
Another thing that you won’t have to worry about is verifying the account. Since iDeal works with your bank account and the bank performs several security checks before opening an account for you, there’s no need to verify anything. Even if you wanted to, there’s no way to verify your iDeal account since you don’t need one to begin with. So, you can start enjoying your favorite online bookmaker straight away.
iDeal doesn’t apply any fees for punters that use it to top-up their online sportsbooks accounts. The transaction goes straight from your bank account with no extra fees added by iDeal. If you pay more for a deposit made at an online bookmaker, the extra commission is added by the bookie. So, make sure you avoid paying more than you have to by playing at the verified bookmaker we recommend on this page.
This very popular bank transfer payment method appeared in the Netherlands early in 2005. Since it doesn’t come with extra fees and it offers a fast and straightforward service, it rapidly grew in popularity among punters and other categories of users. Its success was so big that over 54% of all online payments in the Netherlands were done through iDeal in 2014. A total of 282 million transactions were processed via iDeal in the same year, a number that speaks for itself. The company continued growing and it went well over the one billion transactions mark recently. This Dutch online payment option never planned for expansion outside the Netherlands since that’s the market they understand best and have excellent results so far.