Neo.bet Sportsbook Promo Codes & Review 2025

With a great range of betting markets - including a comprehensive selection of live betting options - and top bet offers including first deposit bonuses and ongoing reload bonuses, NEO.bet is one of the best Canadian sportsbooks. In this NEO.bet review, we’ll take a closer look at everything the site has to offer, including a full breakdown of all the enticing promotions available to new customers.

NEO.bet Sportsbook Overview

First established in 2018, NEO.bet is a German-based online sports betting platform that is currently making major inroads in Canada. 

It is a trustworthy online sportsbook that boasts top-notch site security and player protection measures in addition to its competitive odds and innovative bet features. Some of the site’s most notable features include convenient one-click wagering and a user-friendly Bet Builder, both of which have already proven incredibly popular. 

Despite its German headquarters, NEO.bet has done a great job of localizing its offering for the Canadian market, with several relevant regional deposit methods also supported. First and foremost, the online sportsbook accepts Interac e-transfer - one of the country’s most popular deposit methods. Additionally, it accepts widely used payment options, including credit/debit cards, e-wallets, and direct bank transfers. 

Promotions Available from NEO.bet Sports

Despite being a relatively new sports betting operation, the team behind NEO.bet is highly experienced and understands the importance of offering an enticing welcome bonus. For Canadian customers, this manifests itself as a sportsbook bonus on their first three deposits. 

It should be noted that players must rollover their deposit plus bonus amount five times, at a minimum odds of 1.50. In our experience, this level of wagering is achievable, and players shouldn’t have any trouble releasing the full bonus amount. 

NEO.bet’s welcome offer may very well qualify as one of the top betting bonuses around, and no promo code is required to claim it. Players simply need to open a NEO.bet account, opt in for their bonus, and then deposit using their preferred method for the bonus to be credited automatically.

While NEO.bet’s welcome bonus offers plenty of value to new customers, the good news for frequent players is that the site offers several ongoing incentives, including the following:

Refer A Friend Bonus

As a fairly new entry on the Canadian sports betting scene, NEO.bet is understandably keen to boost its market presence by attracting new players. For this reason, existing customers can benefit from a bonus whenever they refer a friend to the site, which will be credited after the friend makes a deposit.

Bonus Chips Loyalty Program

At NEO.bet, players can get rewarded with bonus chips whenever they place a bet. Effectively acting as a loyalty program for the online sportsbook, the more selections players have on their bet slip and the greater the odds, the more bonus chips they’ll receive. Credited whether their bet wins or loses, these bonus chips can then be redeemed for deposit bonuses or non-deposit bonuses such as free bet credits.

Free Bets

NEO.bet sportsbook offers Canada free bets from time to time for their customers. These are available at limited times via email campaigns to members, so make sure to keep an eye out for any email promotions they send out.

NEO.bet Sports & Markets

When it comes to sports betting options and available markets, NEO.bet offers an incredible selection of odds on all the biggest domestic and international competitions and leagues, including the NHL, NBA, and NFL. These not only include pre-match odds on all major sports, but also esports betting markets and numerous live betting options. Some of the most popular sports betting options at NEO.bet include:

• Soccer
• Ice Hockey
• Table Tennis
• American Football
• Basketball
• Tennis
• Rugby

NEO.bet also caters to players who prefer wagering on more niche sports and covers a broad range of events, rivaling those of any of the top Canadian betting sites. Some of the less common sports that NEO.bet players can bet on either pre-game or via live betting markets include:

• Volleyball
• Darts
• Aussie Rules Football
• Handball
• Bandy
• Futsal
• Floorball

Available wagering types on all sports include everything from picking the match-winner to parlay bets. Even better, NEO.bet’s esports odds are among the best in the industry, and fans can watch events unfold in real-time with live streaming.

NEO.bet Sports Betting Features

One of the outstanding aspects of NEO.bet’s sports betting offering is the site’s supreme usability. All sports markets are easily accessible from the homepage, and most bets can be placed in just one click. The platform also offers several great features that effectively gamify the sports betting experience by providing bet boosts and other fun extras. Some notable features include:

Personal Bet Configurator

In terms of its bet slip, NEO.bet offers one of the most innovative wagering platforms players could hope for. Its Personal Bet Configurator is an advanced tool that offers a great selection of combinable betting outcomes, as well as a direct calculation of their total odds. It can be used to create complicated parlays in just a few clicks. If players are only interested in placing a straight bet, the site’s one-click option can instead be used for quick and simple wagering.

Cash-Out Control

When we evaluate a betting site, we always consider the range of cash-out options available - and during our review of NEO.bet, we were blown away by the site’s Cash-out Control feature, which not only allows players to view the status of their active bets via a live odds graph but also enables them to place certain controls on their bets. Options like setting a maximum bet loss or an instant cashout when a certain win amount is reached effectively automate the process, allowing players to plan their cashout in advance and let the tool handle the rest.

Results and Stats

NEO.bet offers a results section that contains the outcomes of all events covered on their site, as well as in-depth stats for each game. You can utilize this feature to analyze missed sports events and make more informed betting decisions.

In-Play Betting

NEO.bet offers a good range of in-play betting options on live events. Easily accessible by clicking the “live” header at the top of the home page, players will be transported to a new lobby displaying all of the available live betting markets. Once they’ve settled on a game, clicking on it will launch a handy sidebar that displays live odds, detailed statistics, and an in-play graphic displaying the latest action.

Live Streaming

While NEO.bet doesn’t offer live streaming on regular sporting events, fans of esports will be pleased to know that major games like League of Legends, Counter-Strike: GO, and DOTA 2 are all available in real-time. To access a stream for any current live events, players simply need to place a bet on esports and launch the video from the site.

Depositing & Withdrawing at NEO.bet Sports

As we mentioned earlier in this review, the site offers a variety of deposit and withdrawal methods. For the most part, moving money both to and from the sportsbook is fee-free, but players should be aware that there’s a 3% charge on deposits made with Neteller and Skrill. All deposits are credited instantly, while most withdrawals are issued to players’ bank accounts within three working days.

NEO.bet Sports Desktop & Mobile App Experience

One of the things we appreciated most during our NEO.bet review was how incredibly easy the site was to navigate. The homepage features a handy carousel banner with quick links to the latest news, offers, and more. The most popular sports, along with their corresponding markets, are featured just below. Both the customer support service and the cashier can be accessed in just one click, and if players are struggling to find what they’re looking for, they’ll be pleased to know the site offers a convenient search bar option.

Mobile App

Fans of on-the-go betting will be pleased to know that the NEO.bet sportsbook boasts its own mobile app. Available for download on iOS and Android devices from the Apple App Store and Google Play Store, respectively, the NEO.bet mobile app offers the same great functionality as the desktop site, including optimized one-click betting and push notifications for active bets. This makes it one of the slicker Canadian betting apps available, though players using Windows devices will have to use the optimised mobile site instead.