NeoBet Review

NeoBet
A major operator with tons of unique and fun features setting it apart.
Neobet main offer
  • Bonuses and promotions
    4.8
  • Banking and payout speed
    4.7
  • Mobile Experience
    4.5
  • Security and trust
    4.6
  • Customer support
    4.8
Total score
4.7

NeoBet Top Features

  • Cashout Control
  • Info Page
  • Bet Configurator
  • Mobile Apps
Strengths:
Weaknesses:
Great Welcome Bonus
Mobile Experience
Unique Features
Quick Customer Support Replies
Plain Website Design
Lack of Player Props

Our in-depth NeoBet Review

4.7

If you’re looking for a sportsbook with fun features and unique selling points, NeoBet may be for you. In this NeoBet sportsbook review, we're going to peek beneath the surface and look at all aspects of one of the more intriguing betting sites out there. We’ll be looking at all aspects of this sportsbook, from its betting offers to the NeoBet withdrawal process. We’ll be as open and transparent as possible in our NeoBet review. Hopefully, we'll give you a sense of whether this operator is the right fit for you. Ready? Let's dive in.

NeoBet Strengths and Weaknesses

There’s no such thing as a perfect sportsbook, and this remains the case with NeoBet. Every operator has strengths and weaknesses; let’s look at the NeoBet sportsbook’s.

NeoBet’s Strengths

  • Great Welcome Bonus: A Welcome Bonus is an important component of a sportsbook, and the NeoBet welcome bonus is very strong. It includes multiple matched deposits and terms and conditions that aren’t stringent at all compared to competitors.
  • Mobile Experience: NeoBet has sports betting apps available for both Android and iPhone users, which is super convenient. If you don’t feel like downloading an app, they also provide a mobile-optimized website.
  • Unique Features: Most operators have the same standard features, like live betting and so on. However, few can match the unique features that you’ll find with NeoBet. NeoBet has fun and exciting features that will stand out for bettors. 

NeoBet Weaknesses

  • Plain Website Design: The web design with NeoBet doesn’t exactly stand out. It is very simple. The color scheme is solid, although I think bettors would appreciate it if the NeoBet sports betting page popped a little more.
  • Lack of Player Props: Player props are one of my favorite ways to bet. Even though the NeoBet sportsbook is pretty huge, there is still no player prop offering for sports like NFL football. That is disappointing.

Conclusion

Even though NeoBet’s weaknesses will disappoint some gamblers, its strengths are appealing enough that many bettors will still find a lot to love here.

NeoBet profile

Website:
neo.bet
Company:
Neo.Bet 
Year founded:
2018
Owner:
Greenvest Betting Ltd 
License & regulation:
Licensed in Malta by MGA Under License MGA/B2C/418/2017 
Address/Headquarters:
Level 2, St. Julians Business Centre, Triq Elija Zammit, St. Julian's, Malta
Sponsorship Deals:
Karlsruhler S.C 
Payment Methods:
Interac, Visa/MasterCard, Paysafecard, MuchBetter
Features:
Cashout Control, Bet Configurator, Info Page, Mobile App 
Odds Providers:
NeoBet
Apps Devices:
iPhone and Android
Contact information/Support:
Live Chat, Email, Phone Callback
Casino game types:
No Casino
Casino Providers:
No Casino

NeoBet review – Our expert highlights

NeoBet is an operator with tons to offer. In this NeoBet review, we’ll break down how it stacks up in several areas. Before I begin, I’d like to note that preferences are subjective, and what I like may not be what you like. However, I will try to unbiasedly break down how I feel this sportsbook stacks up.

Let’s start with the NeoBet welcome package and bonuses. NeoBet has a strong welcome package. This package gives bettors up to $400 across three deposits. It has fair terms and conditions that mean bettors can really see a lot of value. Aside from this package, there is only one NeoBet bonus, and it is a refer-a-friend offer.

NeoBet’s sports coverage is exceptional. They cover just about every sport and league the average Canadian bettor is going to seek out. They also cover some really unique niche options, which is a fun way to learn a new sport. The one issue I have with NeoBet’s coverage is the lack of player props. They have every other market I seek out, but player props is a big one.

Banking with NeoBet is easy and fast. They don’t have a ton of different deposit and withdrawal methods, but they have the basics. They also have quick transactions, which I appreciate. Requesting a withdrawal takes a little longer, but that is only normal.

The customer support options are standout. NeoBet has a wide range of support options for users to choose from. There is an FAQ page, email line, call back line, and a live chat feature. The live chat feature gets back to users within a minute.

The mobile options are also strong for NeoBet. They have an app for iPhone and Android available. They are easy to download and access and offer a fun and user-friendly experience. There is also a mobile-optimized website.

Overall, I really like NeoBet. What I like most is the fun features like the bet configurator and cash-out options. I think these are a fun, personalized way to bet that rookies and novices will enjoy. While the web design isn’t spectacular, the features, deep sportsbook, and excellent customer support are enough to overcome this minor roadblock.

NeoBet Scores

Bonuses & Offers: ⭐⭐⭐⭐⭐

The primary reason NeoBet gets a good review here is that their welcome offer is a standout. They have an excellent initial bonus, a refer-a-friend bonus that many bettors will find useful, and then not much after that in terms of sports betting bonuses. Variety is what holds them back, but what they do offer is strong.

Betting Variety: ⭐⭐⭐⭐⭐

The NeoBet sportsbook is deep. They cover just about all the primary sports leagues in the world, ranging from soccer leagues to baseball. They also have some niche options. What holds them back in my mind is the lack of player prop options.

Banking Options: ⭐⭐⭐⭐

The banking options with NeoBet are solid but not overly extensive. They have the standard options most Canadians are going to seek out, which include Visa, MasterCard, Interac, and some e-wallets. They don’t, however, have some of the niche options other new betting sites provide.

Payout Speed: ⭐⭐⭐⭐⭐

The NeoBet withdrawal times are very solid. While you might need to verify your identity for your first withdrawal, which adds some time to the process, overall, they are very solid here. The NeoBet withdrawal process is mostly painless and fast.

Key Features: ⭐⭐⭐⭐⭐

This is my favorite part of the whole sportsbook. I’ve found the key features of NeoBet to be unique and engaging. They have features like a bet configurator and cashout control that I really haven’t seen on many other websites. I think this is where NeoBet stands out most.

App & Mobile experience: ⭐⭐⭐⭐⭐

This is another area where NeoBet ranks very highly. There is a NeoBet app available to Canadians for both iPhones and Android that can be downloaded onto their phone. There is also a mobile-optimized website available to all.

Security and Trust: ⭐⭐⭐⭐⭐

If you are wondering is NeoBet legit, the long and short of it is yes. They are a trusted sportsbook that follows some pretty serious security standards. They are PCI DSS Security Standard approved and TUV Certified. They claim that this gives them one of the most comprehensive security frameworks possible.

Licensing: ⭐⭐⭐⭐

One thing about NeoBet is that they are not licensed on the shores of Canada. They are licensed and regulated by the Malta Gaming Authority. While this means they aren’t licensed and regulated by the Canadian government, they are still safe and legal to use.

Software & Games: 

NeoBet is purely a sports betting website, so they don’t have any casino games. The software on the sportsbook is solid, and everything runs effectively.

User Betting Experience: ⭐⭐⭐⭐⭐

I loved a lot of aspects of the user experience with NeoBet. As I mentioned, the features on NeoBet are incredibly fun; the betting site has a lot of cool twists that make it unique. However, if there is to be one problem, I would say the betting site doesn’t look amazing. It isn’t a terrible-looking sportsbook, but it could improve aesthetically.

Sign-up Process: ⭐⭐⭐⭐⭐

If you are looking to create a NeoBet login, it will be a fast and straightforward process. There really isn’t a lot to it. It will require some personal information, like your phone number, address, and more. Regardless, it really won’t take a lot of time. It is a very similar process to using just about any other sportsbook.

Customer Support: ⭐⭐⭐⭐⭐

The customer support features with NeoBet are exceptional. It has just about everything a user could want. They have an email, a phone call-back line, and a live chat feature. Their live chat line claims to have a response time of less than a minute. It is a smooth, seamless customer experience.

NeoBet Welcome Package 

Nearly every sportsbook has a welcome package that they use to entice new users. These are offers that are designed to pique users’ interest and convince them to sign up with a sportsbook rather than any of their competitors. Typically, they’ll come in the form of matched deposits or free bet offers. 

The NeoBet welcome offer is very solid. The defining thing I look at with a sportsbook is its terms and conditions, and I found NeoBet’s terms to be very reasonable. They also offer users an extensive bonus offer, which makes them one of the best sign-up bonus betting sites.

Let’s explore exactly what exactly is offered in the NeoBet welcome bonus.

NeoBet’s Welcome Bonus

100% Matched First Deposit Up to $200, 100% Matched Second Deposit Up to $100, 100% Matched Deposit Up to $100

How to claim NeoBet’s Welcome Bonus

  • Step One: Claim the Bonus When Creating an Account
  • Step Two: Deposit at Least the Minimum Amount with Interac, MuchBetter, Visa/Mastercard, or Paysafecard.
  • Step Three: The Bonus will hit your account. From there, meet the rollover and betting requirements to be eligible to withdraw.

NeoBet’s Welcome Bonus Terms and Conditions

The one thing every bettor should look at before claiming any bonus is the terms and conditions. The terms and conditions are the rules that govern how a sportsbook’s bonus is used. These often limit the value a bettor receives from a promotion. It is crucial that bettors understand the different terms of every bonus they use.

I was surprised by how fair the NeoBet terms and conditions were. I’ve seen sportsbooks tack on terms like a 16x rollover rate with an expiry date a week after the bonus is claimed. This makes it impossible for bettors to benefit from a bonus. This isn’t the case with NeoBet.

The NeoBet welcome bonus has fair terms that bettors will appreciate. Let’s look at what the terms for this offer are.

  • Maximum Matched Amount On Each of the First Three Deposits is $200, $100, $100 Respectively.
  • Bonus Only Applies to Credit/Debit Card, Paysafecard, Interac, and MuchBetter Transactions.
  • Rollover Rate is 5x With Minimum Odds of 1.5
  • Expiry Date is 100 Days

NeoBet sports bonuses and promotions

A welcome bonus won’t be the only bonus offer that bettors will find on the typical sports betting website. Every operator will also likely include different bonuses that add to the betting experience. These can be any number of things.

Some websites have sports betting bonuses like a bet boost, where certain kinds of bets can receive boosted winnings. Others have free bet offers, where bettors can receive risk-free bets to place on events of their choosing. It all depends on the sportsbook.

The NeoBet sports betting bonuses aren’t exceptional. They only have one other offer aside from the welcome bonus, and it isn’t particularly based on sports. Unlike some sportsbooks that have rotating bonuses according to different sporting events, NeoBet seems to only have two primary options.

The second option NeoBet has is its refer a friend bonus, which some bettors will get a lot of value from. Let’s see what this bonus offers.

  • Refer a Friend Bonus: Receive a $200 credit for every friend that joins and deposits at least $30 with Neo.Bet. That $200 credit must be turned over 10x within 30 days to be withdrawable.

Casino bonuses

Many websites serve as both sportsbooks and casinos. It isn’t just the sportsbook end of things where you’ll find bonuses. Online casinos will often have tons of bonuses as well, like free spins of the slot machine or VIP programs.

However, NeoBet does not include a casino, so you won’t find any casino bonuses here.

NeoBet best sports features

Every sportsbook needs features. These are the unique ways of using an operator that set them apart. Features are embedded aspects of an operator that makes them different from competitors, and each operator will have different ones.

I think the features are the best part of the NeoBet sportsbook.

NeoBet’s Mobile App

A lot of bettors enjoy placing bets on their phones. The most impactful way to do this is through a mobile app. NeoBet stands out in this area by offering a mobile app for both Android and iPhone users. This makes them one of only a few sportsbooks where this is the case.

NeoBet’s Cashout Control

Many sportsbooks will offer a cashout feature. This allows bettors to exit bets before they’ve ended, getting some money either less than they initially put in or more, depending on how the bet is performing. The Cashout control gives bettors heightened control over their cashout. They can choose certain exit numbers, partially cash out, and more. It adds a whole new element to live betting.

NeoBet’s Info Page

Information is power in the world of betting. Knowing the current trends of player and team performance can help bettors make the savvy decisions necessary to maintain a winning strategy. NeoBet helps here by providing an info page. This is a page that has all the latest news and trends to keep an eye on with your betting strategy.

NeoBet’s Bet Configurator

The personal bet configurator allows bettors to combine multiple bets from different games and the same games into highly customized parlays. The bet configurator has different features, such as the And/Or feature, where bettors can choose different outcomes. There is also an odds matrix that shows the odds of every prospective outcome. It takes customized parlay betting to a new level.

NeoBet Sports Coverage

For a sportsbook to actually be useful to bettors, it has to cover the sports they want to bet on. If you love La Liga soccer betting, and the operator you are using doesn’t carry that sport, your enjoyment will surely be dampened. The sports and leagues an operator cover is known as their sports coverage.

The sports coverage on NeoBet is very solid. They cover all the standard necessities a bettor will want to be found in their sportsbook. This includes the major leagues like the NBA, NHL, NFL, and more. They also cover all the primary sports that range from baseball and golf to tennis and combat sports.

NeoBet Canada also has an array of different niche sports that they provide markets for. This includes beach soccer, Kabaddi, and water polo. This makes the NeoBet depth of sports coverage exceptional because they combine an array of standard options with some exciting niche ones.

Let’s look at some of the most popular sports covered on NeoBet.

NeoBet Baseball

Baseball fans love nothing more than settling in for nine innings of action, and NeoBet has betting options for fans of all kinds. They cover the MLB with some great markets. They also cover the Korean, Taiwanese, and Japanese leagues.

NeoBet Basketball

NBA betting sites allow bettors to place bets on one of Canada’s most beloved sports: basketball. NeoBet certainly offers top-notch NBA coverage, but that isn’t all. They also provide markets for the WNBA, Mexican Basketball League, and Eurobasket.

NeoBet Football

If you’re a fan of betting, chances are you’ve placed some football wagers in your day. Football betting online is one of the most popular means of betting in the world, and NeoBet has excellent options here. NeoBet has extensive NFL markets, as well as the NCAA and CFL.

NeoBet Hockey

If there’s one sport Canadian fans demand betting sites offer, it is hockey. Hockey betting Canada is all the rage, and NeoBet understands that competing in the Canadian market means providing great hockey markets. They cover the NHL, SHL, Euroleague, IIHF, and much more.

NeoBet Soccer

Many of the international bettors that use NeoBet sports betting will be using it for soccer. Soccer is the world’s most popular game, and NeoBet has global coverage of the game. They offer coverage of major leagues in just about every continent. They cover leagues from the EPL and La Liga to the Singapore Premier League and Indian Durand Cup.

NeoBet’s sponsorship deals

NeoBet has sponsored the German second division soccer team Karlsruhler S.C.

NeoBet Betting Markets & Types of Bets Available

We’ve explored the coverage you’ll find on the NeoBet sportsbook, but that is only telling one part of the story. The next thing bettors need to consider is the betting markets and types of bets that NeoBet offers.

These are the outcomes within a game or league that bettors are putting their money on to either happen or not happen. Markets and types of bets differ by sportsbook, with some sportsbooks offering markets others don’t. Let’s look at NeoBet’s markets and types of bets.

NeoBet’s Betting Markets

  • Moneyline: Moneyline is the direct outcome of a game. Betting a team on the Moneyline is picking them to win their game.
  • Point Spread: Point Spread represents a projected score differential in favor of a team. Bettors pick for or against the spread. Picking for means the team exceeds the differential; against means they don’t.
  • Game Total: A Game Total is a line that represents the projected cumulative amount of points/goals scored in a game between both teams. Bettors can pick the over or the under.
  • Futures: Futures are long-term bets within a league. These are things such as who will win a championship, which player will win MVP, and so on.
  • Game Props: Props are outcomes within a game pertaining to teams rather than individuals. These can be things like which team will score the most points in the second quarter, how many combined penalties there will be in a game, and so on.

NeoBet’s Types of Bets Available

  • Parlays: Parlay betting is when bettors combine several different kinds of bets into one. The odds multiply by each other, so parlay bets can have massive winnings. However, for a parlay to cash, each bet within it has to hit.
  • Live Betting: Live betting sports is betting on a game that is already underway. The odds will change and shift according to what is happening within the game. This type of betting is enabled on NeoBet.

How to place a bet

We’ve explained some of the great features that you can find on NeoBet, and their excellent sports coverage. You’re probably feeling ready to start betting with NeoBet Canada. Here’s how you can do that.

  • Step One: Create an Account with NeoBet and Deposit
  • Step Two: Head to the Sportsbook Page and Click Sports A-Z
  • Step Three: Click on the Sport You Want to Engage With
  • Step Four: Click on the League Within the Sport, and the Game Within the League
  • Step Five: Click on the Market You Want to Engage With. Input Your Stake on the Bet Slip and Click Place Bet.
  • Step Six: Enjoy Your Bet!

NeoBet mobile apps

The mobile experience is a core aspect of sports betting. In this day and age, everything is done on smartphones, and most bettors believe that should include sports betting too. For that to be the case, sportsbooks need to provide their bettors with options for mobile betting.

NeoBet thrives in this area. They have a downloadable app that is available to Canadians with iPhones and Android. The NeoBet app is easy-to-use, fun, and provides much of the same experience as the desktop version. It looks great on a smartphone. Both the NeoBet app Android and iPhone look and function extremely effectively.

The NeoBet app download process is easy and fast. It can be downloaded on the App store for iPhone users or through a link on the NeoBet website for Android users.

If you don’t want to download an app, NeoBet also has a mobile-optimized website. This is a mobile version of their website, which similarly provides a top-notch experience for bettors.

Mobile app’s promotions

There are no dedicated promotions for NeoBet’s mobile options, but you can use NeoBet’s promos through the app.

How to open an account on NeoBet

Making a sports betting account shouldn’t be arduous or labor-intensive. It should be something that takes bettors a matter of minutes and doesn’t feel invasive.

This is the case when creating a NeoBet sign-in. It takes a very short period of time and is easy and seamless. If you’re worried about sharing personal information with NeoBet, don’t be. They have excellent security and a pristine reputation.

Below, we’ll break down the steps to creating a NeoBet login.

Steps to open an account on NeoBet

  • Step One: Visit NeoBet and Click Join or Login
  • Step Two: Choose to Register Via Email or Phone Number
  • Step Three: Enter Your Email, a Selected Password, Mobile Number, and Your First and Last Name
  • Step Four: Input Your Birthday, Postal Code, and Address.
  • Step Five: Click Confirm and Enjoy Your New Account.

NeoBet Deposits and Withdrawals

We’ve told you a bit about the process of opening an account with NeoBet, but what about the banking process? If you want to do some NeoBet sports betting, you’re going to need to deposit and withdraw with NeoBet.

This is intimidating to some bettors, as it involves providing banking information to a sportsbook. However, with NeoBet, they are a trusted sportsbook, so there is no cause for real concern.

The NeoBet sportsbook allows bettors to deposit and withdraw with:

  • Visa/MasterCard
  • MuchBetter
  • Interac
  • Paysafecard
  • Express Connect Direct Deposit

These options are a little basic, as some sportsbooks include PayPal, Apple Pay, and even crypto transactions. However, the average bettor will still be satisfied with these options.

The deposit process is fast and simple. It just requires the banking information of the method you are depositing with. The withdrawal process is a little more complicated. They often require verification for your first withdrawal, like a government ID. This extends how long it takes. Still, the NeoBet withdrawal times are very typical of the industry standard.

Is NeoBet legal in Canada?

The most important part of a sportsbook is its legality and security. If a sportsbook isn’t legal, you can’t trust it, plain and simple. With that in mind, you’re probably wondering, is NeoBet legit?

At My Betting Canada, we only review legal, trusted sportsbooks. That is certainly the case with NeoBet. They are a licensed and regulated sportsbook with high security standards.

NeoBet is licensed in Malta and overseen by the Malta Gaming Authority. That means there are strict rules surrounding fairness and security they must follow. Canadians are allowed to bet with licensed offshore operators, and this is the case with NeoBet.

In terms of security, you can also be confident here. NeoBet uses high-quality security standards. They are TUV certified, which means they have significant cybersecurity protocols in place. They also have the PCI DSS Standard certification, which means they protect users' payments.

Is NeoBet Legal in Ontario?

While NeoBet isn’t regulated by iGaming and the Ontario government, it can still legally be used in Ontario. The iGaming agency is the regulatory body in charge of overseeing gambling in Ontario now that it is legal. However, Ontario residents can still use sportsbooks that aren’t iGaming regulated. NeoBet is thus legal and safe to use in Ontario.

NeoBet customer support

Even if you love a sportsbook, there is always the chance you run into problems while using it. If that is ever the case, having a way of getting in touch with the operator is extremely important. Customer support goes a long way, and having an array of options is a must.

NeoBet rises to the occasion in this regard. They have numerous customer support options that will allow users to pick their ideal method of receiving assistance.

Firstly, NeoBet has an FAQ page. It is quite a limited FAQ page, with around ten questions, but it could still help gamblers in the right situation. They also have an email line and a phone call back line. Customers will state their problem with the sportsbook and request a call back, and NeoBet will have a representative call them back as soon as possible.

My personal favorite contact method was Live Chat. This allows you to message back and forth with staff. NeoBet claims their average wait time was one minute, and that aligns with my experience. I was almost immediately in touch with a friendly staff member asking how to resolve my problems.

Frequently asked questions about NeoBet

Is NeoBet legit and safe?

Yes! NeoBet is licensed and regulated by the Malta Gaming Authority. They also have high-level security certifications, which make them a trusted and reliable sportsbook. There are no concerns about using NeoBet.

Does NeoBet payout?

Of course. We would never recommend an operator that doesn’t pay money out to users. Sometimes, NeoBet requests verification, which delays the process, but they still certainly pay out.

Does NeoBet have Cash Out?

Yes! Cashing out is something that is important to a lot of bettors. NeoBet provides a cash-out feature that is much more expansive than the typical operator. It lets users partially cash out, set limits for when to cash out, and so on.

What are the Minimum and Maximum Deposit Amounts with NeoBet?

The maximum deposit amount depends on the payment method you are using. The minimum amount is $10 for all payment methods NeoBet accepts.

NeoBet Conclusions

Overall, I think NeoBet stands out as a great option for bettors. They have several unique features that most sportsbooks don’t offer, excellent customer support, and one of the most in-depth sports coverages you’ll find.