NEO.bet Free Bet, Promo Code & Review August 2022

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Dean Ryan
By Dean Ryan
 |  11 mins

NEO.bet is part of a group of ultra-modern sportsbooks that give established brands something to think about. Loaded with competitive odds, generous bonuses and a slick user experience, NEO.bet is slowly moving from being a newcomer to an established sportsbook operator. As we found in our NEO.bet sportsbook review, this site is growing into a complete online sports betting experience.

Read on for all the highlights - and areas for improvement - in our NEO.bet sportsbook review. Once you are done, we are sure you'll be rushing to NEO.bet to register, claim the generous betting welcome offers and start wagering.

NEO.bet Pros and Cons

Advantages
Has a rewards scheme for loyal customers
Takes responsible gambling seriously
Competitive odds on all major sports
Offers a referral scheme that rewards players who refer their friends
Disadvantages
Doesn't have casino games in addition to sports betting site
Customer service live chat isn't 24/7
Expert Verdict Expert

NEO.bet is one of the new kids on the block in the online sports betting sphere. What it lacks in experience, it makes up for in unique betting features and competitive odds to keep customers coming back again and again. Its loyalty program promotes a healthy use of the operator, while its decision to use its own currency makes it stand out from the crowd. With it becoming available in more countries in recent times, expect this platform to go from strength to strength in the coming years. Watch this space.

Player Verdict Player

NEO.bet is a Malta-licensed operator serving customers all over the world. They pride themselves on providing a huge range of betting markets for the biggest sporting events. There are competitive odds across all sports, while a personal bet configurator allows you to place bets quickly and easily. You can even download their sports betting app to make life easier, while there are lots of available promotions at the site. This includes Bonus Chips which works in the same way as a reward program and means that loyalty is definitely recognised with this bookie.

NEO.bet Review

Established in Germany in 2018, NEO.bet is a fresh online sportsbook that, in 2022, continued its expansion by landing in North America and now caters to Canadian sports bettors as well as being one of the top Germany betting sites. Amid that growth to new regions, our NEO.bet review will walk you through availability and if the bookie is worth visiting. Originating in Germany, this popular sports betting site has a license from the Malta Gaming Authority (MGA).

During our NEO.bet international review, we found the operator is an innovator. Specifically, NEO.bet owner - Greenvest Betting Ltd - developed the Neocoin in-house currency for its patrons.

As you might expect, NEO.bet has a distinct German/European feel but still provides a robust selection of markets for global sports. NEO.bet sportsbook provides competitive odds and interesting features by running its own proprietary betting platform. You can also claim generous bonuses with NEO.bet promo codes.

NEO.bet Promo Codes

When you register for NEO.bet, there is a generous welcome bonus to claim. Importantly, the site makes it easy for all customers to claim the package. That means you won't need NEO.bet betting promo codes to claim the welcome bonus offer on the site. However, NEO.bet runs betting promotions for existing customers that require a bonus code from time to time.

So, in these occasional situations, you must enter a unique combination of letters and/or numbers that allow you to claim the bonus offer. It is important to know which bonuses you need the NEO.bet promo code for and which do not require a code.

That is where we can help. Our betting experts are available to provide the best NEO.bet promo codes and find the best bonuses. Whenever a bonus requires a NEO.bet promo code, we will drop it right here on this page. That is why we advise heading back to this review regularly to see the top NEO.bet and offers when they become available.

Using betting bonus codes is straightforward. All you have to do is enter the code into the allocated space in the sportsbook's registration or deposit page, and the bonus will be credited to your account. These promo codes will usually hint at the betting promotions you can unlock to make things even simpler. Here are a few examples:

  • Free bet: A bonus where you make a sports bet on a market without spending your own money. The cash amount of any free bets will be small, and you will bet on limited odds. For example, a promo code offering a $10 (or whichever currency you use) free bet can be "BET10".
  • Sport-Specific: It is usual for a bonus to be focused on a single sport, especially for ongoing promos. For example, a promo code for a $20 NFL wager can be "NFL$20".
  • Bet Specific: Exclusive deals on individual bet types, such as guaranteed odds on parlays/accas. For example, a promo code for $25 on parlays can be "25PARLAY".

Remember, the above promo codes are just examples and not real codes. For the latest offers and bonuses, click on any links in this review.

NEO.bet Welcome Offer

Like all major sports betting sites, the folks at NEO.bet continually change their betting welcome offers. After visiting the site, we know the NEO.bet welcome bonus is always very generous. Furthermore, the operator typically offers two different welcome deals that new customers can choose from.

When you register as a new player, you can expect to see one of the following welcome bonuses on NEO.bet.

NEO.bet Free Bet Offers

Free bets are a common bonus in the sports betting market. NEO.bet usually reserves its free bet deals for existing customers as opposed to making them new customer betting offers. This type of offer gives you money to spend on a free bet, allowing you not to worry about losing your bankroll.

Deposit Bonus

When you become a new customer at NEO.bet, the standard welcome package is a deposit match bonus. This is where the sportsbook matches your first deposit by a percentage. For example, a 100% match up to $150. Under this example, a deposit of $150 will give you an additional $150 in bonus funds, leaving you with $300 to bet with. However, note that bonuses usually come with terms and conditions attached. Namely, bonus money is typically subject to wagering requirements, which are the number times you need to play through your bonus before cashing it out.

No Deposit Bonus

Not so common in the sports betting market, a free bet no deposit deal is something of a holy grail for sports bettors. As it says on the tin, this promotion gives you a small bonus without you needing to make a deposit. Because you can keep the winnings (subject to terms and conditions), these bonuses are worth looking for.

NEO.bet Desktop Experience

As NEO.bet underwent expansion into Canada in early 2022, the site also went through a significant revamp. During our NEO.bet review, we found this new UI is ultra-modern but does not sacrifice usability. A good-looking but functional sports betting experience is something all bettors will appreciate. 
Here you will find a top-to-bottom UI instead of a more traditional design of three horizontal windows. Thanks to the sleek dark grey/black colors and excellent site design, navigating NEO.bet is straightforward.

You will spend most your time on the top ribbon where you can access all sports, live betting, the calendar and all other options. Below are the available markets, where you easily toggle between pre-match and in-play markets.

NEO.bet App

That new NEO.bet desktop UI we mention above is a mobile-first design. We mean that the site is designed to work through a mobile browser perfectly. Thanks to HTML5 technology, responsiveness and optimization are excellent across various devices and screen sizes, allowing you to use the site as efficiently as you would on a desktop. However, while we enjoyed the website experience, the best way to play NEO.bet on mobile is through the dedicated sports betting app.

That slick design we enjoy so much on a laptop arguably looks even better on a smartphone or tablet. The app - which is available on iOS and Android - was built from the ground up for mobile devices. Navigating every part of the site is easy thanks to swipes and touches, allowing you to access all parts of the sportsbook such as your bet slip or any betting offers with ease.

IOS App Android App Mobile Live Streaming
IOS App Android App Mobile Live Streaming

NEO.bet Registration Process

Before you can enjoy the betting experience on NEO.bet sportsbook, you need to sign up for an account. That is exactly what our NEO.bet review team did and found it is possible to create an account in minutes. There is a simple registration process, although there are multiple steps and details you need to provide.

Below are the steps you need to take to make the sign-up process as straightforward as possible:

  1. Click on any link in this NEO.bet review to visit the website of the bookmaker or to download the app.
  2. Select the white "Sign up" button in the top right of the page.
  3. Enter your email and create a password.
  4. Provide your full name, date of birth and mobile number.
  5. Enter your address and choose your currency. This is also where you opt-in to the bonus and enter any NEO.bet betting promo codes if necessary.
  6. Tick to agree to the terms and conditions and choose whether you want to opt-in for promotional material. If you agree to the latter, the operator will email you details on bonuses and other promotions on the site.
  7. Navigate to the cashier section, where the sportsbook will guide you through adding funds to your account. Pick a payment method and set up a deposit.
  8. Check out the list of sports at NEO.bet, pick one and choose a betting market that interests you. When you confirm a bet, it will show in the bet slip on the right of the page.
  9. If you bet on a winner, head back to the cashier section and follow the withdrawal instructions.

NEO.bet Account Verification

Before you are able to make bets, cash out winnings or take advantage of the betting sign up offers, you must verify your account. To do this, access the "Verification" section of your account. NEO.bet takes a standard approach to its Know Your Customer (KYC) checks by requesting documentation that proves your ID and address. The site does not accept emails, so you can only upload the relevant documents via the Verification section.

  • ID: Driver's license, passport, national ID card.
  • Address: Utility bill, tax document, bank document.
  • Proof of payment method: Copy of a bank statement or photo of your credit card.

NEO.bet Payment Methods

One of the surprising aspects of our NEO.bet review was the relatively small number of payment methods available. In most aspects, NEO.bet goes above and beyond to stand out as one of the leaders in the market. However, there's no doubt the operator falls behind in flexibility for deposits and withdrawals.

It is not a poor selection by any means. Still, there is a lack of support for platforms like PayPal, not to mention no cryptocurrencies. However, traditional payment methods such as Visa and Mastercard are available along with e-wallets Skrill and Neteller.

NEO.bet Global Betting Features

Sports betting fans are going to love betting at NEO.bet thanks to the number of awesome features on the site. In fact, the sportsbook is one of the best in terms of providing tools to enhance the betting experience, including:

  • Cash Out: Becoming standard at most sportsbooks, NEO.bet takes cash out to another level. Here you can access the Cash Out control panel that highlights your bet status, which bets have a cash out option and it includes access to automatic cash outs. The control panel shows odds, bet limits, online betting offers and more.
  • Replay Sports: During our NEO.bet review, we quickly realized this sportsbook is innovative. One example is the Replay Sports feature. This takes games/matches from the past and replays them at up to 10x speed, allowing you to bet on pre-match markets without knowing who the teams or athletes are that you’re betting on.
  • Neocoin: NEO.bet has its own currency, known as Neocoin. You get this digital currency by transferring your currency into Neocoin. We are not sure if this is necessary (why not just use your regular money?), but it is interesting.
  • 1-Click Bet and Bet Builder: With the 1-Click Bet feature you can set up wagers with minimum effort. NEO.bet also has a bet builder where you can create unique custom sports bet chains on an event. As for live streaming, sadly that is not available outside of esports.

NEO.bet Sports and Markets

Next up in our NEO.bet review, it is time to get into the markets, bets and odds. You get the usual selection of around 30 sports, which allows you to access major sports (soccer, basketball, golf, tennis, etc.) and more exotic games (Aussie rules, table tennis, etc.).

You can also bet on specials, including one-off sporting events like the World Cup, while also wagering on entertainment and politics. Other sportsbooks may provide even more niche markets, but the selection of NEO.bet is solid to excellent.

The bookmaker has ultra-competitive prices available on major sports, including the English Premier League.

Soccer

You can pick up hundreds of pre-match markets covering major competitions like the Premier League, Champions League and the Bundesliga. There are also smaller leagues such as the English National League or Bahrain Division 2. When games get underway, there are wide in-play options with competitive odds, making this a great soccer betting site.

Basketball

We recommend heading to European league games to find the best basketball prices. Here, you will get hundreds of markets covering pre-game and in-play. Like soccer, you can pick up bets on massive leagues (NBA, EuroLeague) and also smaller competitions like domestic leagues, meaning it is one of the more rounded NBA betting sites.

American Football

The availability of American football markets depends on when you visit NEO.bet. During the offseason, there will be no bets available. However, from September to February each year you can pick pre-game and in-play bets in the NFL, from the regular season Week 1 to the Super Bowl.

Ice Hockey

Similar to basketball coverage, ice hockey coverage on NEO.bet is extensive. You can bet pre-match and live on the NHL, but the real market is on European domestic leagues. NEO.bet often has market-leading prices for these bets.

Tennis

We were impressed by the near-constant coverage of the tennis calendar at NEO.bet. Whether it is the WTA (women's tour) or ATP (men’s tour), you can wager on grand slams, Masters Series and even smaller Challenger tournaments. So make this one of your favourite tennis betting sites.

Golf

Like tennis, the Golf calendar is always busy, with big tournaments happening somewhere in the world each weekend. Hoever, golf markets are not the best at NEO.bet. Odds are solid, but there are more pre-tournament and in-play options available at other sportsbooks.

NEO.bet Customer Support

NEO.bet combines outstanding customer support with areas that could do with improvements. Starting with areas to improve, the FAQ section is too vague for our liking, and we think new customers may not get the answers they need. Live chat is available, but only between 1:30 am to 5:30 pm ET.

On a more positive note, the live chat experience with customer service is top tier. Waiting times are among the best around, and you get the red carpet treatment when you do connect. Across the several agents we spoke to, all were qualified and polite throughout our conversation. You can also choose to email the team ([email protected]) and response times are under 24 hours.

NEO.bet Casino

There is no casino on NEO.bet, which is a slight disappointment in a market where betting sites are increasingly offering casino games. At the same time, at no point has NEO.bet claimed to be an online casino. It seems this site is 100% focused on sports betting.

NEO.bet Live Casino

Since there are no standard casino games, it stands to reason that there are also no liver casino options. It would be hoped that these would be added if the company every ventured into the casino realm.

NEO.bet Poker

Equally, there is no online poker available at NEO.bet either, but if the success of the sports betting side is taken care of then we could hope to see an expansion of the services it provides in the future.

NEO.bet Responsible Gambling

As always, we put huge importance on promoting responsible gambling and expect the ssportsbooks we reAs always, we put huge importance on promoting responsible gambling and expect theview to take this seriously. The good news is NEO.bet does a good job in fulfilling its responsible gaming commitments. Firstly, it is worth noting the site has a whole "Trust" section that gives clear links to licensing info, gambling therapy and data protection.

That is a rare feature, and we think it is worthy of praise. As for specific responsible gambling access, customers can set daily, weekly and monthly limits for play time, deposit amounts and betting. There is also information available on the dangers of gambling addiction and the training the NEO.bet team does to help customers.

Deposit Limits Time Out Stake Limits Profit/loss Totaliser Self Exclusion
Deposit Limits Time Out Stake Limits Profit/loss Totaliser Self Exclusion

NEO.bet Global Directory

We have reached the end of our NEO.bet international review. All that is left is to provide a complete overview of the countries where NEO.bet is accepted and those where it is restricted.

Canada

While NEO.bet only supports euros, Canadians visiting the site can use a digital wallet to transfer their Canadian dollars into the site's own Neocoin currency. It is one of the better Canada betting sites with its sports coverage including local sports such as NHL hockey, the Canadian Football League and niche events like curling.

Germany

NEO.bet was among the Germany betting sites to receive a nationwide license to operate in the country. Online gambling has been legal in Germany since July 1, 2021, through the Interstate Treaty on Gambling (GlüSTV).

India

Indian players can access NEO.bet and access a wide range of cricket, soccer, horse racing markets and other popular international sports.

Netherlands

NEO.bet is available to punters in the Netherlands. Dutch bettors have complete access to the sportsbook and its bonuses with support for the euro and all available sports markets.

Restricted Countries

NEO.bet is restricted in the countries below. Even if the sportsbook is accessible in your jurisdiction, always check that betting is legal in your country. 
Afghanistan, Albania, Algeria, Angola, Anguilla, Argentina, Armenia, Australia, Bahrain, Bangladesh, Belarus, Belgium, Belize, Benin, Bosnia, Botswana, Brazil, Bulgaria, Burkina Faso, Burundi, Cambodia, Cameroon, Cape Verde, Central African Republic, Chad, Chile, China, Colombia, Costa Rica, Croatia, Cuba, Cyprus, Czech, Denmark, Djibouti, Ecuador, Egypt, El Salvador, Equatorial Guinea, Eritrea, Estonia, Ethiopia, FYROM, France, Gabon, Gambia, Georgia, Ghana, Greece, Greenland, Guadeloupe, Guam, Guinea, Guinea-Bissau, Haiti, Honduras, Hong Kong, Hungary, Iceland, Indonesia, Iran, Iraq, Ireland, Israel, Italy, Ivory Coast, Japan, Jordan, Kazakhstan, Kenya, Kuwait, Laos, Latvia, Lebanon, Lesotho, Liberia, Libya, Lithuania, Macao, Madagascar, Malawi, Malaysia, Maldives, Mali, Martinique, Mauritania, Mayotte, Mexico, Micronesia, Moldova, Monaco, Mongolia, Montenegro, Montserrat, Morocco, Mozambique, Myanmar, Nepal, Netherlands, New Zealand, Niger, Nigeria, Norway, Pakistan, Panama, Paraguay, Peru, Philippines, Poland, Portugal, Puerto Rico, Romania, Russia, Rwanda, Samoa, Saudi Arabia, Serbia, Singapore, Slovakia, Slovenia, Somalia, South Africa, South Korea, Spain, Sudan, Suriname, Swaziland, Sweden, Switzerland, Syria, Taiwan, Tajikistan, Thailand, Togo, Tonga, Tunisia, Turkey, Turkmenistan, UAE, UK, US Virgin Island, USA, Uganda, Ukraine, Uruguay, Uzbekistan, Vanuatu, Venezuela, Yemen and Zimbabwe.

Frequently Asked Questions
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Contributors

Dean is respected tipster, journalist and broadcaster on sports - mainly horse racing. Having featured across radio, TV and podcasts, his betting knowledge is developed over decades in the gambling industry across a number of different publications and platforms. You will usually find him on social media discussing Tottenham Hotspur or the Cheltenham Festival.