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NEO.bet Sportsbook Review

Why NEO.bet?
  • Sharp betting odds for many sports
  • Mobile apps for iOS and Android
  • Three-part welcome bonus package
Covers Gold Seal
Payout Speed:
1-5 days
BetSmart Logo BetSmart Rating: 4
Bonuses & promotions
Banking & payout speed
Key features
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NEO.bet Review

NEO.bet is a unique online sportsbook that promises to give users a professional betting environment with various key features.

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Launched in 2018, NEO.bet is already known for its sharp odds and quality-first approach. The team behind the site has more than 20 years of combined experience and it is clear that they know what they're doing. Canadians can join the Malta-licensed sportsbook right now and get started with a 100% bonus on their first deposit!

Hits & misses

  • Great range of live events every month
  • Covers all of the popular sports, including esports
  • Amazing CashOut functions
  • Unique Replay Sports with extra features
  • Special promotions and bonuses for bettors
  • Limited methods for banking in CAD
  • Support service is not available at all times
  • Not as many markets as top bookmakers

NEO.bet bonuses & promotions


NEO.bet welcomes bettors with a very generous package and then continues to offer extra promotions directly to registered users. Its main focus however remains on keeping the margins low — so it doesn’t have that many bonuses for betting.

Sign-up bonus
The welcome package is very impressive. You can get a 100% bonus on your first deposit for up to $100 in extra funds. You will also be eligible for two more reload bonuses of 50% of your deposit, up to $50. For every sportsbook bonus, the amount must be turned over five times at minimum odds of -200 within 100 days.

On-going promotions and bonuses
After logging in, you will notice a Bonus button in the account dashboard. This is where you will find any special promotions and bonuses that NEO.bet offers. Most bonuses are reload deals that can help you increase your balance instantly and for free. The promotions don’t normally require NEO.bet bonus codes.

NEO.bet deposits & withdrawals

Deposit options
One issue we came across during the NEO.bet review process is the very limited banking methods for depositing in CAD. There are only a handful of options in the cashier but they are easy to use and quite popular for online payments.

Deposit Method Fee Process Time Minimum Deposit
VISA Logo FREE Instant $10
Mastercard Logo FREE Instant $10
MuchBetter Logo FREE Instant $10
Interac Logo FREE Instant $10
paysafecard Logo FREE Instant $10
NETELLER Logo FREE Instant $10
Skrill Logo FREE Instant $10
Klarna Logo FREE Instant $10
Bank Transfer Logo FREE Instant $10

Withdrawal options
NEO.bet maintains a closed loop for banking and pays withdrawals to the same methods and accounts used for deposits. Verified users can also request bank transfers if the details match the ones in the sportsbook account.

Withdrawal Method Fee Process Time Minimum Withdrawal
VISA Logo FREE 1-3 Banking Days $20
Mastercard Logo FREE 1-3 Banking Days $20
MuchBetter Logo FREE Instant $20
Interac Logo FREE 1-3 Banking Days $20
Express Connect Logo FREE 1-3 Banking Days $20
NETELLER Logo FREE Instant $20
Skrill Logo FREE Instant $20
Bank Transfer Logo FREE 1-3 Banking Days $20

NEO.bet key features

The online sportsbook really shines when it comes to key features. It comes with great improvements on the standard features and introduces some unique ones that are worth checking out.


Live betting

Live betting is of course available, with NEO.bet advertising over 9,000 live events per month during active seasons. This is certainly an impressive schedule. The live betting options get their own section with a nice layout and constantly updating odds. You can select a match to view the stats, get a live update, or even follow along with the action.

Early cash out

While many online sportsbooks nowadays offer early cash out, NEO.bet takes this feature to a new level. The CashOut Control panel provides a status of the bets and options to automatically cash out. You can view a graph of the odds, set limits for partial cash out, and more. All of this is very easy to do thanks to the user-friendly interface implemented on the slip.

Live streaming

While live streaming is available on the site, it is currently limited to esports. Bettors can watch the action live in competitive matches of DOTA 2, League of Legends, Counter-Strike: GO, and other popular esports. This feature is supported on the live betting interface and makes it easy for clients to bet and follow the matches at the same time.

Replay Sports

One unique feature available at NEO.bet is called Replay Sports. It is the bookmaker's response to many games getting canceled. Big matches from the past are replayed on the sportsbook without listing the teams, usually at 10x speed. Users can bet on the events up to one hour before they start. You can even win a jackpot if you correctly guess the match.

NEO.bet sports available

This bookmaker offers betting options for most of the popular sports from around the world. Its focus seems to be more on quality than on quantity, however, as it doesn’t have an outstanding range of markets.

15 active markets including:

Football
Cricket
Horse Racing
Basketball
Boxing
Baseball
Motor Sport
Ice Hockey
Golf
Soccer
Volleyball
Swimming
Table Tennis
Athletics
MMA
See More See Less

NEO.bet bet types

The variety of bets available at NEO.bet Sports is great and it makes sure that all customers can find the right options. 

  • Spread
  • Moneyline
  • Total
  • Props
  • In-play / Live betting
  • Futures
  • Parlays
  • Teasers
  • Asian handicap
  • Derivatives
  • Alternative spreads
  • Alternative totals

NEO.bet security & license

Covers Security Badge

This online sports betting website is definitely secure and users are always safe here. NEO.bet has a full SSL certification for its encryption system that ensures personal data is stored in secure conditions. The operator of the website is Greenvest Betting Ltd., a company registered and licensed in Malta.

Malta Gaming Authority

NEO.bet customer service

The customer support service, while good, can still use some improvements. The team is very qualified and will answer all sports-betting related questions in a polite manner. You can get in touch by live chat, by email or by requesting a phone callback. The one downside however is that the support agents are only available from 1:30 am to 5:30 pm ET.

  • Live chat available 1:30 am - 5:30 pm ET
  • Email: support@neo.bet
  • Phone: Callback service
  • Support languages: English + German
  • Twitter: @neobet_de (German)

NEO.bet mobile app

NEO.bet sports betting is available on mobile devices, directly on the site or through the provided apps. The operator recommends using the sportsbook apps for Android and iOS since they are better optimized. You can get the Android application from the site for free and the iOS one from the App Store. Both provide easy access to the full selection of sports and markets, optimized one-click betting, live notifications, and more.

NEO.bet review conclusion

All things considered, NEO.bet really is a bookmaker for ambitious bettors. It stands out with its impressive features and good pricing for all of the popular sports.

A truly professional sportsbook
NEO.bet claims to be "by professionals, for professionals" and it really lives up to that statement. The platform, the betting options and the extra functions are all designed to give betters a slight edge. Of course, amateurs can benefit from the low margins as well.

Special sports betting features to try out
There is an entire list of features available on the online sportsbook. You can bet on live events, watch live streaming, use your own personal bet configurator, control early cash outs to the smallest detail, check the personal journal, continue betting on the go, and more.  

Get started with $200 in sportsbook bonuses
The welcome package is a major highlight that stood out during our review process. It gives newcomers a significant boost in funds to get started with. You can get up to $200 in bonuses from your first three deposits. Start today with a 100% match and double your bankroll with up to $100 more!

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