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Neo.bet Full Review

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Why choose NEO.bet?
Compare NEO.bet with other bookmakers
70
Design & Navigation
87%
Bonuses
84%
Odds
83%
Odds Live
83%
Cashout
84%
Mobile Version
90%
Casino Area
1%
Customer Support
85%
How the rating is calculated?
Founded 2018
License Malta Gaming Authority
Languages English, German
Country Malta
Mobile Version Yes
Applications
Bonus 200% bonus up to €50
Live betting Yes
Cashout Yes
Poker No
Casino No
Live Streaming No
84%
  • Good Welcome Offers
  • Cash out is available
  • Many pre-match and live betting markets
  • Different payment methods
  • Live streaming is missing
  • Casino games are not available
Last update by Nostrabet.com on : 03 December 2019

Neo.bet Review

NEO.bet is an online bookmaker established in 2018 which has strong positions in the sports betting market. Behind the bookmaker, there is a team with a lot of experience in the gambling industry. That way, Neo.bet knows exactly what the players search for in an online betting website. With its pre-match and live betting markets on sports, NEO.bet aims to provide its customers with a top-class experience. In addition this, the bookmaker has good bonus offers for its players.


Website Design – Menus and Navigation

neobet sportsbook section

There’s not much in the way of a strong theme at NEO.bet who have instead opted to let their array of odds do the talking. Underneath the moving banner that lists various promotions and special features of the site, a wall of fractions will greet you as you first enter the site. As a default, football appears first but keep scrolling, and you’ll come across all the other sports NEO.bet has to offer.

It’s possible to jump directly to a particular sport by clicking the menu at the top of the screen. This menu also lists how many events are available to bet on for that sport at any particular time. Users also can filter the events by time and date by using the buttons on the right-hand side.

There are sub-menus for each league, but if you are seeking one particular game, you may find it’s quicker to use the search button on the top left-hand side of the screen. It’s on the search page where any matches involving your ‘favourited’ teams will appear too.

To favourite a team, you simply need to click the star button next to their name. This is one of the best additions to rather no-thrills but wonderfully straightforward website design. For the few advanced features they do have, it’s possible to turn these off should you suffer some performance issues while on an older device.


Registration Steps

neobet signup form
  1. After clicking ‘Sign Up’ in the top right-hand side of the screen.
  2. You will be invited to enter a mobile number or email address plus a password of at least eight digits.
  3. Once complete, click register and you’ll enter a new screen requesting a couple of additional bits of information, your country of residence and mobile phone number.
  4. This is all there is to it, making registering at NEO.bet an incredibly pain-free, quick and straightforward process.

Register at NEO.bet

The only thing that might slow you down a few seconds is your password choice. Although not stated beforehand, all passwords must contain a digit, an uppercase and lower case letter and not include part of your email address.


Welcome bonus – 200% up to €50

neobet starter bonus

New customers making a first deposit between €10 and €25 via credit card, Paysafecard, or bank transfer will see their balance increase by an additional 200%. This very generous deal means a deposit of €25 will be matched with a €50 bonus, giving you €75 to play with. To be able to cash out the bonus funds, they need betting through just five times at odds of at least 1.5. There’s absolutely no rush to do this with the bonus funds remaining active for a 100 day period.

After completing the terms of this initial offer, or exhausting the bonus funds, you can then take advantage of the ‘Pro bonus’. This additional deal for existing customers gives you a 100% deposit bonus up to the value of €150, using exactly the same terms as with the introductory offer.

Get your Bonus


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€50
Live Betting
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Bonus Percentage
200%
Turnover
5x
Minimum Deposit
€10
Rating
8.4
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Welcome Bonus
€130
Live Betting
Live Streaming
Cashout
Apps
Bonus Percentage
100%
Turnover
x5
Minimum Deposit
€1
Rating
9.9
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Welcome Bonus
Most Popular
Live Betting
Live Streaming
Cashout
Apps
Bonus Percentage
-
Turnover
-
Minimum Deposit
£5
Rating
9.9
Welcome Bonus
£30
Live Betting
Live Streaming
Cashout
Apps
Bonus Percentage
100%
Turnover
x1
Minimum Deposit
£10
Rating
9.8
Claim £30 bonus now
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Sports covered

NEO.bet only displays sports on its menu that have at least one event you can bet on at that particular time, so what you find does vary a little week on week. There are some ever-present options such as football, tennis, basketball and ice hockey while offerings for handball, snooker, rugby and volleyball regularly feature too. On the whole, the majority of sports you would expect to find at an online bookmaker are here. Each day there are over 600 different events to choose from and typically more than 20,000 available each month.

Available Sports markets

Each sport comes with a small number of extra markets visible on the main page. These are usually a handicap/spread option, total goals/points, next goal/point scorer and both teams to score. You can bet on these options as a full-time outcome or instead just for the first half/third/quarter or set.

Click on a particular event though, and this will open up a fairly modest range of other options, for example anytime goalscorer, win to nil, goals in both halves, winner of first point and team to score first. The exact markets are, of course, tailored to the specific sport but whatever sport it is, you will not find yourself with a wealth of options to choose from. In some cases, there is only a range of spread options to choose from in addition to the winning team or player so overall the choice at NEO.bet is rather limited compared to the best bookies out there.

It’s not at all unusual, even at the biggest bookmakers, to see very few options for sports such as table tennis or snooker. Still, most players may expect to see more depth for the likes of football, tennis and ice hockey. The other thing the site appears to be lacking is outright markets, which is to say, the option of betting on the winner of particular leagues and competitions rather than individual matches.


Live Sports betting

neobet live betting section

Displayed exactly as the sports bets page, it’s easy to filter and search for any live sporting events here. As before, the range of available markets is fairly poor, but NEO.bet partly redeems themselves by offering a significant number of live events. In this area, the website can compete with the major players in the industry by consistently covering the majority of significant sporting contests taking place anywhere in the world.

Visit NEO.bet In-play betting


Odds

NEO.bet rarely heads the market with their odds offered, but overall, they offer fair prices with an average payout rate of 92.9%. You can choose to view the odds in fractions, decimal or American form. When taking into consideration the prices offered, it’s essential to factor in that NEO.bet gives you bonus chips for each bet (increased 4x for a losing bet) which can be used for deposit bonuses or free credits. 10,000 bonus chips are worth €50 or a 100% deposit bonus up to €100.

Bettors in Germany are subject to a 5% fee on single bets, but the fee is returned for all combi bets. Bets outside Germany are exempt from this fee across the board.


Sports betting products

Cash out

With NEO.bet’s outstanding Cashout Control, punters are placed in total control of their bets. You can track exactly how the odds have changed during a particular match using the ‘live odds’ graphic and how your cash out price has fluctuated too.

Not only this, but NEO.bet allows players to set an upper and lower cash out limit for their bets. Once the cash-out price reaches either limit, the bet will automatically be cashed out allowing you to easily minimise losses and secure wins in a way that will be familiar to those who have used financial trading tools or spread betting platforms.

If you are caught in two minds with one of your predictions then perhaps the partial cash-out option might help resolve your mental conundrum. With this feature you can choose to cash out a portion of your bet early, a portion determined entirely by you. Using this facility is very easy, thanks to the intuitive design. Simply move the slider to indicate how much of your bet you wish to keep active, and the resulting cash-out amount will appear on the button below.

Personal Bet Configurator

This fantastic addition to the NEO.bet site allows you to combine multiple selections from within the same match with various selections from different matches in the form of one parlay (accumulator) bet. Simply select your desired options, and the combo odds for all the events will immediately appear on the bet slip. If you’ve mistakenly picked two opposing markets, e.g. over and under 4.5 goals for one particular game, the bet slip will alert you that the ‘combinator is unplayable’.

At almost all other bookies, you’ll need all of your selections to be a winner on a single combo bet but not at NEO.bet. The other amazing feature of the Personal Bet Configurator is that it allows you to select ‘or’ as an option.

So rather than having Barcelona to win and over 3.5 goals, you can select ‘or’, meaning that now only one of your two selections needs to win for you to scoop some profit. These ‘or’ selections can be combined with other and/or bets to create some of the most customised bets available in the industry. This is a really innovative feature, and while, as you would expect, the odds for “or” bets are much lower, this is an excellent tool for those who can’t bear seeing bets narrowly miss out.


NEO.bet Mobile app

neobet mobile site version

Almost identical in layout to the website are both the mobile apps and the mobile version. The only real difference visually is that rather than having five key markets instantly visible to you across matches, you need to scroll across to find them on the mobile apps.

Free from any complex animations and graphics, this undemanding app will run smoothly even on older smartphones and tablets. Apple users have the benefit of downloading the app directly from the App Store while Android users have to access it from NEO.bet’s website as it does not currently feature on Google Play.


Payment options

See below the various methods of funding your NEO.bet account. Also, the table features the withdrawal options.

Payment MethodDeposit MinimumDeposit MaximumTime for DepositMinimum WithdrawalWithdrawal MaximumTime for WithdrawalTaxes
Visa LogoVisa€10€5,000immediately€20€20,0001-3 DaysFree
Bank Wire Transfer LogoBank Wire Transfer€10no limits2-3 Days€20€20,0001-3 DaysFree
Neteller LogoNeteller€10€1,000immediately€20€10,000immediately3% of your deposit
Skrill LogoSkrill€10€1,000immediately€20€10,000immediately3% of your deposit
Trustly LogoTrustly€10€5,000immediately€20€20,000immediatelyFree
Paysafe Card LogoPaysafe Card€10€500immediatelyN/AN/AN/AFree
Sofort LogoSofort€10€5,000immediatelyN/AN/AN/AFree
NeoCoin LogoNeoCoin5 N200 NimmediatelyN/AN/AN/AFree

*Two withdrawals via bank transfer are free of charge each week but a fee of €5 applies for each additional withdrawal.

Neocoin is not the latest cryptocurrency to hit the market (and not to be confused with NEO), rather it is NEO.bet’s own free to use a currency which allows players to try out the website. This novel way of being able to test out the platform without using real money is a fantastic addition to the site. It is something inexperienced gamblers, in particular, may wish to try out.


Security and Regulation

In order to protect you and your personal data, NEO.bet operates with an SSL certification. Besides, their privacy policy complies with the rules set out by the European Data Protection Regulation. To prevent unauthorised access of your account, all users are automatically signed out after a brief period of inactivity.

Although it is early days with the site, there have been no major security breaches so far, so we’ve absolutely no reason to doubt that your money and personal information is safe here.


Affiliate program

The brains behind NEO.bet boast more than 20 years of experience in the industry, and it’s something they share with all their affiliate partners. There’s no admin fee charged when joining the programme, no negative carryover. As a partner, you are entitled to a lifetime revenue share.

Commissions for successful referrals are paid quickly and on time each month with the rates offered competitive within the industry. As an introductory offer NEO.bet offers its affiliates an incredible 50% revenue share for a full two months. Existing affiliates can also claim 5% in sub-commission when referring a new affiliate to the scheme.

More information about the Affiliate program of Neo.bet – NEO.bet/en/Partnerprogram


FAQ’s

How to verify my account at NEO.bet?

What to do if I forgot my password?

Can I set limits in my NEO.bet account?

What are the bonus chips?

Can I track my bonuses?

What kind of bets can I make at NEO.bet?

How do I request a payout?

What currencies can I play with?

What is my journal?


About NEO.bet

A team of betting veterans with over 20 years of experience in the industry joined forces in 2018 to create NEO.bet. Like many online bookmakers, they have acquired their licence from the Malta Gaming Authority, but their roots are firmly in Germany. Unlike their competitors, they’ve opted to focus solely on sports betting, not offering any casino or poker options for their customers, at least not for the time being.

By today’s standards, this is quite a unique approach, but NEO.bet has confidence that a strong focus on sports will keep on attracting punters. Covering a wide range of events across the entire planet, here you will find as many as 9,000 sporting contests available for in-play wagering every month. Their main focus area is German-speaking customers, but their website and customer service are also offered in English.


Customer care & contact details

The live chat feature allows users to get in to contact with the customer support team quickly and easily. It can be accessed by clicking the ‘Support’ button at the top of the screen at any time. Should you wish to speak to someone in person over the phone, you can request a free call back by filling in the form on the customer support page.

Email can be sent to support@neo.bet but when using this, remember not to attach any confidential documents. These must be uploaded using the site’s secure system only. If you have a query regarding a specific bet, click directly in the bet and then select ‘Bet Support’ and a member of the NEO.bet support team will be in touch as quickly as possible.


Rating & Conclusion

NEO.bet may not be a big name yet, but what they lack in awareness they make up for in innovation. The German founded company are setting the bar high for sports betting by offering a brilliant Personal Bet Configurator and a top of the range cash-out feature, while also rewarding loyal customers in the form of Bonus Chips. There’s so much customisation possible here that you really feel in complete control of your bet at all times. The and/or feature plus the ability to combine multiple selections within one event, with a number of other events, really makes NEO.bet stand out from the crowd.

While also covering a huge range of sports, NEO.bet must be applauded for setting the bar so high in this area. They do fall short in a couple of aspects, however, mainly their fairly limited range of additional markets and slightly data-heavy appearance that can be off-putting until you get used to it.

It’s also a little disappointing they don’t offer live streaming, but we hope this will appear on the site sometime soon. So, although there is still some room for future improvement, the fantastic features currently available plus the generous welcome bonus makes NEO.bet somewhere you should definitely try out.

Join NEO.bet

Kristiyan Kyulyunkov

Kristiyan Kyulyunkov specializes in bookmakers’ analyses. He has years of experience betting online and always keeps an eye on the different operators. His tasks in Nostrabet include writing, editing and publishing expert reviews.

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