NEO Bet Sportsbook Review Canada 2021
Established in 2018, NEO bet is a brainchild of German sports fans who wanted to make a sportsbook that would provide everything sports punters want. And the thing that punters like the most are attractive odds. By offering favorable betting odds, as well as a variety of betting markets, amazing bonuses, and all the other things that punters love, this sportsbook has quickly become one of the leaders in Germany.
After conquering the German market, the sportsbook has decided to spread its business worldwide, for which they needed a gambling license that’s accepted in a number of countries around the planet. This explains why NEO bet decided to get its operating license in Malta. Speaking of which, this island is the location of the headquarters of the company behind NEO bet, Greenvest Betting Ltd.
Thanks to its license, NEO bet has the luxury to accept the players from a number of states, including Canada.
|Service||Live-Chat and eMail|
|Specific features||Great selection of betting markets|
|100% Welcome Bonus|
What Are the Pros & Cons of NEO Bet?
Which Markets Does NEO bet Cover?
Considering that this sportsbook is a global brand, it’s not surprising that there are dozens of betting markets in its offer. And we’re talking a really large number of markets. In fact, whichever sport you might have in mind, the chances are high that NEO bet has it in the offer.
According to the sportsbook itself, there are more than 600 different events the players can bet on every single day. Such a large number of events in the betting offer is not something many sportsbooks can say for themselves.
The players from Canada will be glad to hear that this sportsbook covers all the sports popular in North America. What we’re talking about are sports like ice hockey, basketball, football, baseball, soccer, and so on. The sportsbook also deals with sports like snooker, darts, futsal, and so on.
All the major sports have their own section on the website. You can easily visit each of those sections by clicking on the appropriate button in the stripe near the top of the sportsbook page. If you already have a sports event in mind, there is a shortcut to get to it. What you got to do is use the search feature, which you can find in the top-left corner. Just type the name of the event and press enter, and you will be redirected to the event. Actually, you don’t even have to enter the name of both teams/players for the feature to figure out what you’re searching for.
Apart from offering a large number of sports betting markets, the sportsbook also has a huge offer of different betting types. What this means is that apart from betting on standard wager types, which you can find in most other sportsbooks (e.g. moneyline, points O/U), NEO bet also lets you bet on things like spreads, next team/player to score, and so on.
How Good Are the Betting Odds?
One of the things that make NEO bet stand out from the competition is the fact that its odds are pretty favorable from the players’ perspective. The best thing is that this sportsbook offers competitive odds regardless of the market.
Generally speaking, the odds on the favorites that you will find at NEO bet are significantly higher than those found at many other bookmakers. This means that if you prefer betting on favorites, this sportsbook might be your golden goose. And considering that the favorites win all the time, you have a pretty decent chance to make nice money betting at NEO bet.
This, of course, does not mean the odds on the underdogs are not very good. On the contrary, they’re better than at many other bookmakers. This is because the so-called “house edge” of this sportsbook is not too high. The edge refers to the percentage the sportsbook wins, which is decided by the odds they offer. The better the odds are from the players’ point of view, the less money does the sportsbook offer.
If you’re wondering why NEO bet is giving away so much money to the players by offering attractive odds, the reason is simple – this sportsbook wants to attract new players this way.
What Kind of Bonuses Await You at this betting site?
NEO bet has a welcome package for its new players from Canada. The package consists of a $200 welcome package. On your first deposit you receive 100% up to $100. The second deposit comes with a 50% bonus of up to $50. The third and final bonus is another 50% bonus for deposits up to $50.
Each of the three bonuses that new players get comes with a wagering requirement of 5x on odds of 1.50. What this means is that in order to turn the bonus into withdrawable money, you need to wager the bonus on odds 1.50 five times.
The welcome bonus is always up for grabs for new players. Existing customers also get some bonuses and promos from time to time. These deals come and go all the time, so you better keep on coming to NEO bet in order to get ahold of those bonuses and promos.
Can You Bet In-Play?
The people from NEO bet sportsbook know what punters like. And many of them like betting on live matches. This is the reason why this sportsbook has one entire section of the site dedicated to in-play betting.
Once you open the website of this sportsbook, you will notice a button saying “LIVEBETS”. Click on it if live betting is what you want to do. This is where you will find a really huge number of events at any given moment.
Most of the markets you can bet on pre-match, you can also bet in-play. This includes matches from all the leagues popular among Canadian players. We’re talking about competitions like the NHL, NBA, MLB, and so on.
When it comes to the types of bets you can make in-play, you have a really vast offer, especially if you wish to bet on a big event. If the event in question is popular (e.g. Super Bowl), you will be able to choose from dozens of different bet types, including the moneyline, spreads, points O/U, and so on. Furthermore, some events also come with player betting options, meaning that you can bet on whether a player is going to score more or less points than the given number, among many other bets.
Can You Use NEO bet on Smartphone/Tablet?
The answer to this question is: yes! This sportsbook has a responsive website, which works excellent on any mobile device. Still, if you would like to take the user experience to a whole new level, what you need to do is download the NEO bet mobile app.
The mobile application comes in two forms. One of them is meant for Android devices, while the other was designed with iPhones and iPads in mind. Both of these versions you can find at the official website of this sportsbook. In addition, you can find these apps at the Apple App Store and Google Play Store respectively.
Regardless of which version of the application you download, you are probably going to be impressed with its performances. The app runs fast and is very easy to use. Still, the best thing is that according to user reviews, the app almost never crashes. So, if you want to ensure a smooth betting experience, our advice is to install the NEO bet app.
How Attractive is the Design?
Just go to NEO bet and you will see that the design of its website is pretty pleasing to the eye. Even more importantly, the website is very easy to navigate. You can easily get to the betting offer of this sportsbook by clicking the button saying “SPORTBETS”.
This is where you will see the most popular events in your area and if you wish to browse the betting offer, you can simply click on the preferred sport in the menu on the top. You can also use the search option to go straight to the event you wish to bet on.
It’s basically the same situation when the mobile application of NEO bet is concerned. If you install it on your smartphone/tablet, you will have no problems browsing the betting offer and placing your bets.
What About the Usability of This Website?
Another great thing about this website is that placing bets is something that’s done really quickly. Even when in-play betting is concerned, everything goes fast and smoothly. This is super-important for the fact that many players worry about missing betting opportunities due to a slow website.
If you’re going to use your mobile device for this purpose, you should have peace of mind knowing that the mobile version of the NEO bet website is not going to disappoint you. Still, how good the performances of the NEO bet are going to be on your mobile device depends on the software and hardware of your device. This is the reason why our advice is to download the NEO bet mobile app if you want to use the sportsbook on your smartphone or tablet.
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Does NEO bet Have a VIP Program?
At the moment, there isn’t a VIP program at NEO bet, at least not at its version meant for the players from Canada. Still, considering that NEO bet is still a new kid on the block, the chances are that this sportsbook is going to launch a VIP program in the near future.
What About NEO bet Operating License?
NEO bet is a sportsbook that started in Germany a few years ago. However, due to a huge player interest, the sportsbook decided to spread its business across the Germany borders. For that, the company needed to get an operating license that would enable NEO bet to offer its services to the players from all corners of the planet.
The decision of NEO bet owners was to get a license in Malta, which would enable them to accept the players from various countries accords the globe, one of which is Canada. The license holder is the company called Greenvest Betting Ltd., which is based in Malta, with its headquarters being at Le Julien Block A, APP 1A, SqaqCiantar, ST. Julians, STJ 1280, Malta.
What are the Best Features of NEO bet Sportsbook?
Probably the best thing about this online sportsbook is that it allows the punters to place bets on live games. The NEO bet in-play section is packed with events from all sorts of sports, including those that Canadian punters love.
The live betting section of NEO bet is just one of many amazing things this sportsbook offers to its players. NEO bet also has an amazing betting offer when pre-match bets are concerned. This sportsbook puts its lines well-ahead of the event date, meaning that you can place future bets weeks or even months in advance.
Another great thing about this online sportsbook is that it gives its players a variety of banking methods to choose from, both when deposits and when withdrawals are concerned.
What are the Payment Options Available?
In order to be able to place bets at NEO bet, first, you need to fund your account. To do that, you need to use one of the following banking methods:
- Trustly (min. deposit: $10, max. deposit: $5,000)
- Interac e-Transfer (min. deposit: $10, max. deposit: $2,500)
- Interact Online (min. deposit: $10, max. deposit: $2,500)
- Visa (min. deposit: $10, max. deposit: $5,000)
- Klarna (min. deposit: $10, max. deposit: $5,000)
- PaySafeCard (min. deposit: $10, max. deposit: $500)
- Skrill (min. deposit: $10, max. deposit: $1,000)
- Neteller (min. deposit: $10, max. deposit: $1,000)
- Bank Transfer (min. deposit: $10, max. deposit: no limit)
- NEO Coin (min. deposit: 5 N, max. deposit: 200 N)
When it comes to payout methods, this sportsbook lets its players choose from the following methods:
- Trustly (min. deposit: $20, max. deposit: $20,000)
- Interac e-Transfer (min. deposit: $20, max. deposit: $9,999)
- Express Connect (min. deposit: $20, max. deposit: $9,999)
- Visa (min. deposit: $20, max. deposit: $20,000)
- Skrill (min. deposit: $20, max. deposit: $10,000)
- Neteller (min. deposit: $20, max. deposit: $10,000)
- Bank Transfer (min. deposit: $20, max. deposit: $20,000)
All of the money transactions done via NEO bet are encrypted through the use of the SSL technology, which guarantees absolute security of your funds.
When it comes to processing times, it all depends on the method you choose. Still, generally speaking, all deposit methods apart from bank transfer are processed almost instantly. Bank transfers might take a bit longer depending on your bank.
Deposits, on the other hand, usually take significantly longer to process than deposits, even if you’re using the same banking method. The processing times depend on the banking method and can be anywhere from a couple of hours to several working days. Based on the user reviews, the processing times are usually between 24 and 48 hours.
Another thing worth noting is that in order to be able to withdraw your funds, you might be asked to verify your account. This sportsbook likes to do its business fair and square, which is why they might ask you to provide some personal details to confirm that the account actually belongs to you. You might be asked to provide a photocopy of some identification documents such as ID, drivers’ license, or passport. In addition, you might also be asked to provide a photocopy of a utility bill with your name and address on it.
Let’s Talk Security: Is NEO bet Safe to Use?
Although NEO bet is still a new sportsbook, it has already managed to establish itself as a trustworthy operator. You just need to take a look at the user reviews to see what we’re talking about. If that’s not enough for you to be persuaded that this is the right operator for you, you should also know that its license is also evidence that NEO bet is a sportsbook you can trust.
The thing is that getting a license from Malta’s gambling authority is not an easy task. Only the best sportsbooks can get it. And by ‘best’ we mean those sportsbooks that take the security of its players seriously. You can be certain that NEO bet has your back. It’s something this sportsbook has to do in accordance with the law.
To protect its players, that is, their funds and their personal data, this sportsbook is using SSL encryption. This technology encrypts all the information that travels from the user to the sportsbook and vice versa, making sure no cybercriminal is going to be able to get ahold of it. And if you are worried that the sportsbook might scam you, we can tell you that there’s no need to be concerned. The thing is that this sportsbook is conducting its business according to the law of Malta. And the laws of this country make sure that there is no room for foul play.
What About the Customer Support?
This sportsbook has an entire section of the website dedicated to helping its players with any worry they might have. The “INFO” section is where you can find all sorts of info about the sportsbook, including the info about its promos, bonus deals, and so on.
If after checking out the “INFO” part of the website you are still unable to find the answers to your questions, you can always ask the technical support to help you out. There are several ways to get in touch with the tech support team, starting with the Live Chat feature.
You will notice the green button in the top-right corner of the screen saying “Support”. Click the button and you will be able to contact the support agents if they are available at the moment. Alternatively, you can send them an email at [email protected] bet or sent them a fax at +35627780112.
Are There Any Additional Services Offered by NEO bet?
NEO bet is an online sportsbook, meaning that it only lets you bet on sports events. There are no fantasy bets or virtuals available on this website. Also, there is no online casino that you can go to in order to play casino games while waiting for your sports bets to come through. Of course, considering that NEO bet has been around only for a couple of years, we can’t say for sure that this sportsbook is not going to include additional services in its offer.
Still, there’s one additional service this sportsbook offers. What we’re talking about is the “RESULTS” features. As you might have guessed, this feature provides you with the latest score updates from a variety of different sports. This is your place to get the fresh info about any game that was/is in the offer of this sportsbook.
Our Experience with NEO bet
There aren’t many bad things we can say about this operator. Considering that NEO bet is still a new online sportsbook, it’s giving a lot to its players. First of all, its betting offer is really huge, meaning that whatever you wish to bet on, you will probably be able to find it here.
Another amazing thing about this sportsbook is that its in-play betting offer is practically the same as the pre-match offer. What this means is that if you happen to miss to bet on a match, you can always visit the NEO bet in-play section to make some live bets there.
When it comes to things not strictly related to sports betting, this sportsbook is also among the best ones you can find. It offers a variety of different banking methods, its welcome bonus package is more than decent, and its customer service is very responsive.