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NEO.bet Review

Michael Duchesne - Covers
Written by: Michael Duchesne, Senior Sports Betting Editor Fact checked by: Brandon DuBreuil, Head of Content

Last Updated Feb 01, 2023, 11:43 AM ET

NEO.bet logo
Flag of the United States
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4.2/5
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Not Available in This Region
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4.0/5

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4.0/5

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4.5/5

Security & Trust

4.5/5

Customer Support

4.0/5

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1-5 days

Deposits & withdrawals

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1-5 days

BetSmart Logo BetSmart™ Rating:
Overall Rating:
4.2/5
BetSmart Logo BetSmart™ Rating:
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Bonuses & Promotions
4.0/5
Banking & Payout Speed
4.0/5
Key Features
4.5/5
Security & Trust
4.5/5
Customer Support
4.0/5
Deposits & withdrawals
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    NEO.bet Sportsbook Review

    NEO.bet, a unique online sportsbook, is known for its sharp odds and quality-first approach. The sports betting operator's arrival in North America bodes well for bettors, with its features and reasonable pricing for popular sports.

    Hits and misses

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

    NEO.bet bonuses and promotions

    4.0/5

    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 $200 in extra funds. You will also be eligible for two more reload bonuses of 100% of your deposit, up to $100 each. For every sportsbook bonus, the amount must be turned over five times at minimum odds of -200 within 100 days.

    Ongoing 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 and withdrawals

    4.0/5

    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
    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
    banktransfer 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
    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
    banktransfer Logo FREE 1-3 Banking Days $20

    NEO.bet key features

    4.5/5

    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.

    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.

    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.

    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 mobile app

    NEO.bet sports betting is available on mobile devices directly on the site or through the provided apps. We recommend using the sportsbook apps for Android and iOS since they are better optimized. Eligible users can get the Android application from the site for free and the iOS app 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 security and license

    4.5/5

    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

    4.0/5

    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 review conclusion

    4.2/5

    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 $400 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 $400 in bonuses from your first three deposits. Start today with a 100% match and double your bankroll with up to $200 more!

    Not Available in This Region

    NEO.bet FAQ

    Of course! NEO.bet is definitely legitimate and it has the license to show for it. You cannot join from the US however. The company behind the site operates under the close supervision of the Malta Gaming Authority. It also meets PCI DSS security standards and is TUV-certified.

    You can claim a 100% bonus on the first deposit for up to $200. The welcome package also includes a 100% bonus on the second deposit of up to $100, and another 100% bonus on the third deposit, also up to $100.

    The NEO.bet Sportsbook app is perfect for placing bets directly from your phone at any time. It is easy to install and even easier to navigate.

    No, Bitcoin deposits are not available on the site. Instead, you can opt for traditional payment methods, such as Visa, MasterCard and Interac Online.

    You can request a NEO.bet withdrawal to the banking methods and accounts used for deposits. This closed loop ensures perfect safety of your funds and also eliminates any issues that may appear with online transfers.

    The total withdrawal timeframe is between one and five banking days, depending on the method used. The operator takes one or two days to process requests.

    You can get in touch by live chat on the site during the working schedule. Alternatively, you can also send an email or even request a callback. The team will be happy to help out.

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    Michael Duchesne - Covers
    Michael Duchesne
    Senior Sports Betting Editor

    Mike has been researching and reviewing products for more than a decade. The former travel and entertainment publisher is all in on sports betting. When he's not sweating picks or supporting Covers' betting experts in making smarter sports bettors, you can find him by the BBQ, perfecting his cross-hatch marks.

    NEO.bet
    Overall Rating:
    4.2/5
    Not Available in This Region
    • NEO.bet Review
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