Nextbet Betting Review (2026) - Wide Selection of Cricket Betting Markets

Nextbet is an India-focused sportsbook with rupee accounts and live cricket betting on international fixtures and major T20 leagues.

As a bookmaker, it also covers football, esports and virtual sports, alongside a four-tier VIP program.

Read on for the full breakdown in my in-depth review.

The Nextbet betting site operates in India under an offshore licence issued by the Curaçao eGaming authority. 

Because India lacks a unified federal regulatory body for online gambling, international sportsbooks like Nextbet use offshore licensing to offer legal services to Indian residents.

New sports bettors can choose from three first deposit matches, from 60% up to ₹18,000 to 160% up to ₹15,000.

Each option has its own cap and wagering level, so players can match the offer to their betting style.

Nextbet Promo Code

A bonus code is required, and it must be entered at the cashier before you submit your deposit.

• SBFDB160INR - 160% match up to ₹15,000
• SBFDB110INR - 110% match up to ₹16,000
• SBFDB60INR - 60% match up to ₹18,000

Nextbet New Player Terms and Conditions

• Deposit at least ₹500 and enter your chosen bonus code at the cashier to qualify
• The bonus is credited automatically once your deposit is successful
• Bonus funds can only be used on sports betting events
• Wagering is 20x the deposit plus bonus on the 160% option, 15x on the 110% option and 10x on the 60% option
• For example, a ₹500 deposit on the 60% option adds ₹300 in bonus funds, so you need ₹8,000 in qualifying bets
• Bets need odds of at least 1.5 to count towards wagering
• The bonus must be used within 60 days
• The offer is limited to the first 1,000 players each month using INR
• Fund transfers do not count towards the deposit requirement
• No reloads or other deposit bonuses are available until the bonus is fully wagered
• Max bet, payment method exclusions and any winnings cap need confirming

Is the Nextbet Betting Bonus Worth It?

In my view, having three match options is a flexible set-up, with a 160% match for bigger first deposits and a 10x rollover on the 60% option.

Some rivals advertise larger headline matches, but the choice of structures here is a useful alternative.

The bonus works on sports betting events, so cricket bettors can use it on IPL and international fixtures.

Key Benefits:

✔️ Choice Of Match Size - Pick a 160%, 110% or 60% match depending on your bankroll

✔️ Scaled Wagering - Smaller matches carry lower wagering, starting at 10x

✔️ Automatic Crediting - The bonus is added as soon as your deposit succeeds

Who is This Bonus Best For?

✔️ Cricket bettors who want a first deposit match to use across IPL and international fixtures

✔️ Bettors who like to choose between a bigger bonus and a lighter rollover

✔️ Football and multi-sport bettors who want bonus funds to use across the sportsbook, not just on cricket

I found that Nextbet has rewards program built around reloads and rebates, with rates that rise as you move up the VIP tiers.

• Sports Reload - Daily reload of up to 25%, or up to 30% on crypto deposits
• Weekly Sports Rebate - 0.30% to 0.40% of weekly sports turnover
• Mix Parlay Rebate - 3% to 4% back on parlays with three or more selections
• Virtual Sports Rebate - 1.2% to 1.4% of weekly virtual sports turnover
• UEFA Power - Up to 6.88% weekly cashback on UEFA competition singles, capped at ₹10,000
• Birthday Treat - A 50% to 108% deposit match in your birth month for Silver tier and above
• VIP Anniversary - A free bonus of ₹4,000 to ₹20,000 for Silver tier and above

Currently, Nextbet has a VIP program with four tiers, with withdrawal prioritisation from Silver and a VIP manager from Gold.

I found the banking options limited compared with some India-focused rivals, with no UPI among the listed methods.

Deposits are accepted via local bank transfer, online bank transfer, DirePay, LuckyPay and USDT on the ERC20 and TRC20 networks.

Withdrawals are available via local bank transfer and a different method needs approval from customer support.

The minimum deposit is ₹500 to claim the welcome bonus.

Nextbet states that it follows KYC and anti-money laundering policies, and the terms allow checks at any time - which I found when I signed up.

Front and back photos of your ID and a recent utility bill were requested from me for security reasons.

Withdrawals may be held while checks are under way.

Nextbet leans on cricket and in-play specials, and a few of its markets stood out to me.

Cricket Market Depth

Pre-match cricket includes Match Fours, Match Sixes, Top Batsman and Man of the Match.

In-play, you can back a single ball with Runs off Delivery, Wicket in Over and Next to Hit Six.

Bet Builders

Bet Builder combines selections from one match across 10 sports, including football, cricket and basketball.

Every selection must win for the bet to pay out.

Cash Out

Cash Out lets you settle a bet early in full or partially, using a slider to choose the amount.

It covers single and accumulator bets, pre-match and in-play, on selected markets.

Live Streaming Options

Selected sports can be streamed live once you are logged in.

That lets you follow an event and bet in-play from the same screen.

Football In-Play Specials

Rapid Goal opens after a corner, free kick or penalty and settles on whether a goal lands within 60 seconds.

I’d call it the most distinctive football market on the site, alongside Race for Five.

Power Odds and Boosted Odds

Power Odds mark enhanced prices on selected markets with a yellow lightning icon.

Boosted Odds add enhanced match winner prices on selected games each day.

Esports Betting

Esports covers seven titles, including CS2, Valorant, Dota 2 and League of Legends.