Neds Sportsbook Review


Aimed primarily at the Australian betting scene, Neds sportsbook is a recent addition to the online gambling industry. Established only in 2017, it has developed a reputation for being an upstanding sports betting website that treats its customers well. Neds offers extensive options when it comes to betting on sporting events, covering many international and domestic matches and leagues. Properly licensed by Australian regulatory institutions, Neds is a legitimate and trustworthy operation seeking to deliver a great experience to all bettors. In this review, we will take a comprehensive look at this sportsbook and cover all relevant aspects, including betting markets, banking options, licensing, customer and mobile support, and more.
Summary of Neds Betting Site
| Neds Sportsbook in Brief | |
|---|---|
| Launch Date | 2017 |
| Trustpilot Reviews | 49 |
| Trustpilot Rating | 1.4 ⭐ |
| Sports on Offer | Australian Rules, Horse Racing, American Football, Baseball, and 20+ other sports |
| Minimum Deposit | $10 |
| Minimum Withdrawal | No minimum withdrawal requirements |
| Withdrawal Time | 1-3 business days |
| Payment Methods | |
| Licenses | Australia’s Northern Territory Racing and Wagering Commission |
| Sponsorships | N/A |
Betting Markets
The betting markets are the most important aspect of any sportsbook, and Neds has certainly put in a lot of effort to ensure that you have a great time placing bets. As it happens, Neds offers bets on some of the most popular leagues and matches across many sports. Below, we outline some of the most popular sports you can bet on at Neds.
Rugby enjoys a strong following at this sportsbook, and this is reflected in the number of supported leagues. More specifically, at the time of this writing, bettors can place bets on matches from the NRL, England Super League, NSW Cup, and the State of Origin Series. You can wager on individual matches or place futures bets.
Of course, no overview of popular sports would be complete without basketball. It is particularly popular at Neds, and there is support for dozens of leagues. For example, you will be able to place bets on games from the NBA, the Austrian Bundesliga, Italy’s Lega A, EuroLeague, VTB United League, the Czech Republic’s NBL, New Zealand’s NBL, the Russian Super League, and more.
Baseball may not be the most-watched sport outside North America, but it does have a significant following, and Neds does not want to neglect those fans. At this sportsbook, you will find markets for MLB and its various divisions. This website gives you the opportunity to place wagers on which team will win its league, on specific matches, and on futures.
Soccer is the most popular sport globally, and many bettors enjoy placing wagers on matches in every corner of the world. At Neds, you will also find betting markets on matches from all over the globe. The popular international competitions include the FIFA World Cup and the FIFA Women’s World Cup. On the domestic level, there are betting options for matches from the Australia FFA Cup Qualifying, the Australia A-League, and the Australia NPL NSW. Other popular leagues include the German Bundesliga, the English Premier League and National League, the Brazilian Serie A, the French Ligue 1, and more.
As for Australian Rules Football, fans of this game will certainly have some options. At the time of this writing, Neds offers bets on matches from the AFL, SANFL, VFL, WAFL, and more. These include wagers on individual matches and futures.
If volleyball interests you, Neds has you covered. More specifically, it offers betting on matches from the Argentina Serie A1, the Brazil Superliga Women, the Czech Extraliga, Denmark’s Volleyligaen Men, the Polish PlusLiga, Germany’s Bundesliga Women, and more.
Though still considered unconventional by some, the esports betting scene is growing stronger every year. Seeking to meet the demand for this type of punting, Neds offers bets on some of the most popular esports titles out there. For example, these include League of Legends, with support for the European Masters League, the LCK, LCS, LEC, and more; Counter-Strike: Global Offensive, with popular leagues including the NA and EU ESL Pro Leagues, ECS, and more; and Overwatch with the official Overwatch League and more.
Of course, these are only a few examples of what awaits you at Neds. The sportsbook is much more extensive than we can describe here, but this should give you a good idea of what is available. Aside from the sports listed above, Neds also provides bets on darts, golf, handball, ice hockey, MMA, snooker, cycling, cricket, and many more. Be sure to check it out for yourself to gain a better understanding.
| Neds Features | |
|---|---|
| Sports Coverage | American football, Australian rules, baseball, basketball, boxing, cricket, cycling, darts, eSports, Gaelic sports, golf, handball, ice hockey, mixed martial arts, motorsports, politics, rugby, snooker, soccer, surfing, table tennis, tennis, volleyball, trotting, greyhounds, horse racing |
| Minimum Bet | $0.50; $5 for live sporting events |
| Supported Bet Types | Extras, futures, match result, draw no bet, both teams to score, clean sheet, total goals, handicap, match betting, set markets, head to head, and more |
| Early Cashout Option | Yes |
| Live Streaming | No |
| Live Statistics and Scores | Yes |
| In-Play Betting | Yes |
| Available Odds Styles | Decimal |
| Bet Slip Features | Calculates estimated return, supports single and multi bets, shows pending bets, Quick Slip feature |
Promotions and Bonuses
Many of the offers apply to parlay wagers and compensate you with cash back in bonus bets if one of your selections lets you down. We recommend that you keep an eye on the Promotions section and check what bonuses are currently available since bonus availability changes all the time.
Money Back Odds Offer
Another offer Neds customers can take advantage of is the Money Back Odds promotion. You can receive your stake back in real cash if your selected animal (a horse or a greyhound) finishes the race in second, third, or fourth place.
The promotion is available on Aussie and New Zealand races that start at 9:30 am local track time onward. Bettors can use it on qualifying harness, greyhound, or thoroughbred horse races. You can find it by opening the Money Back Odds tab on competitions that involve five or more starting runners.
Promotional Incentives for New Customers
Recently introduced Australian regulations prohibit locally licensed operators like Neds from directly offering welcome bonuses as an incentive to set up new accounts. With that said, several bonuses appear during the final stages of the registration process. You simply have to pick one of the three (with the Apply Offer button) and it will appear under the Bonus Offers tab in your account dashboard.
The three offers that appear during registration are as follows: First Racing Bet Match up to $200 in Bonus Cash, 100% Deposit Match up to $250 in Bonus Cash, and 200% Deposit Match up to $100 in Bonus Cash.
Each of these expires one week after you redeem it. Make sure to read the general terms and conditions of the sportsbook for all bonus-related information. You will notice only Australians and New Zealanders are eligible for participation in the promotional incentives at Neds.
| Promotional Incentives at Neds | ||||||
|---|---|---|---|---|---|---|
| Bonus | Minimum Deposit Required | Rollover | Minimum Odds Requirement | Eligible Markets & Bets | Country Restrictions | Expires After |
| Money Back Odds Offer | $5.00 | Not specified | Not specified | Thoroughbred, harness, and greyhound races with 5 or more starting runners | Australia and New Zealand | Not specified |
| 1st Racing Bet Match up to $200 | $5.00 | Not specified | Not specified | Horse and greyhound races | Australia and New Zealand | 7 days |
| 100% 1st Deposit Match up to $250 | $5.00 | Not specified | Not specified | Not specified | Australia and New Zealand | 7 days |
| 200% 1st Deposit Match up to $100 | $5.00 | Not specified | Not specified | Not specified | Australia and New Zealand | 7 days |
Banking
When the time comes to deposit into your Neds sportsbook balance, using a credit card is a quick and convenient solution. The sportsbook accepts payments by the two most popular brands, Visa and MasterCard. Depositing via credit card allows your transaction to clear instantly, so you can place bets on events that interest you.
Alternatively, you can transfer money directly from your personal bank account via the supported services. More specifically, you will be able to use BPAY and POLi, both suited for the Australian user base. POLi payments are processed instantly, whereas BPAY transactions can take up to three business days to clear.
If you are a fan of prepaid services, Neds gives you the option to fund your balance via Flexepin. While this service does not have the highest deposit limits, it processes your payment instantly, giving you the opportunity to start placing bets immediately.
Apple users will be pleased to know that Neds sportsbook also supports Apple Pay. Therefore, you will be able to fund your balance instantly from your iPhone or iPad. Finally, if you do not like modern payment solutions, you can stick to tried-and-tested methods like bank transfers and checks.
Neds will accept payment via both of these and provides you with the necessary banking information to carry out your deposit. However, be sure to include your username and account number to avoid any confusion. In all circumstances and across all payment methods, the minimum deposit amount is $5.00.
The only exceptions are BPAY and the Cash-In option, where minimum deposits start at $10. For Flexepin, you will need to purchase a voucher for at least $20. The sportsbook will pass any potential transfer fees to the withdrawing bettor in this case.
As for withdrawals, Neds does not give you many options. The only way to cash out your balance and winnings is via bank transfer, which may not be ideal for some bettors. You will have to provide the sportsbook staff with the appropriate banking information so that they can carry out the transfer.
It can take several business days before the payment clears, but first, you will need to undergo a verification process. In some cases, PayPal is also supported for withdrawals. Payments usually come at no additional cost for bettors unless they withdraw less than $250 to a foreign bank account registered outside Australia.
The sportsbook requires that you submit documentation proving your identity, such as an ID card, driver’s license, or bank statement. Identity verification can take a few days, and only after it is complete will the payment be sent. The minimum withdrawable amount at Neds is $10, and withdrawals are issued by the sportsbook only during business days. The maximum, on the other hand, is $1,000 per day.
| Banking at Neds | ||||
|---|---|---|---|---|
| Payment Method | Deposit Limit and Timeframe | Withdrawal Limit and Timeframe | Deposit & Withdrawal Fees | Bonus Restrictions |
| Visa | $5, instant | N/A | Free | No |
| Mastercard | $5, instant | N/A | Free | No |
| PayPal | $5, instant | $10, instant after approval | Free | No |
| Cash-In | $10, instant | N/A | Free | No |
| POLi | $5, instant | N/A | Free | No |
| Flexepin | $20, instant but may take up to 24 hours in rare cases | N/A | Free | No |
| Bank Transfer | $5, 1 to 3 business days | $10, 1 to 3 business days | Fees are charged for withdrawals under $250 to non-Australian bank accounts | No |
| BPAY | $10, 1 to 3 business days | N/A | N/A | No |
| Apple Pay | $5, instant | N/A | N/A | No |
Mobile Support
While the in-browser version is quite good, you should be aware of the dedicated application provided by Neds. It is available for both Android and iOS devices, allowing bettors from both ecosystems to take part. To get it on an iPhone or iPad, simply go to the App Store and download it. Android users, however, will have to go through a different process. Google prohibits real-money gambling apps on Google Play, and thus all online gambling operators have to offer their apps outside of it. As a result, you will need to manually download and install the app. You can find it on the ‘Mobile Download’ page at Neds, where you will also be able to read a detailed guide on how to install it.
The biggest perk of using the app is the Multi Builder feature, available only on mobile. It allows you to put down multiple bets from several markets without ever leaving the screen. It is quick, convenient, and efficient, which is all you can really want from a good mobile app.
Licensing and Country Restrictions
As such, it has to abide by all the laws set out by the Australian government. Moreover, Neds also offers its services to residents of South Australia, and to this end, it is governed by the South Australian Gambling Codes of Practice. In light of this, we can safely conclude that this sportsbook is fully legitimate and offers a fair gambling experience.
As for restricted jurisdictions, Neds welcomes bettors from a very limited number of countries. Its long list of restricted countries includes Austria, Belgium, Bulgaria, China, the Czech Republic, Denmark, France, Finland, Germany, Hungary, Ireland, Italy, the Netherlands, Portugal, Poland, Romania, South Africa, Spain, Sweden, the UK, and the USA. Canadian, Australian, and New Zealand bettors can legally join the sportsbook.
| Player Protection & Security at Neds | |
|---|---|
| Encryption | 2048-bit SSL encryption |
| Custom Deposit Limits | Yes, for 1, 7, 14, 30, and 365-day periods |
| Cooling-Off Period | Yes, 24 hours to 6 months |
| Self-Exclusion | Yes, permanent or temporary exclusion |
| Minimum Age Requirement | 18 years old |
Customer Support
As it happens, you may experience difficulties or issues from time to time, and this is completely normal for any online service. In such moments, you should feel free to reach out to the support team at Neds. The team consists of highly trained and competent individuals whose job is to ensure that you have a great sports betting experience. You can always rely on them to make things right and provide the assistance you need. You will have multiple means of contacting the support agents when the time comes.
The live chat system allows you to establish a connection immediately and discuss your issues at length. All of this happens in real time, and the support agent will remain with you as long as necessary. The staff will not rest until your issues are resolved and your questions answered. Alternatively, you can use the email form found on the ‘Contact Us’ page. It allows you to send messages to the support staff directly. You will need to include your name, email address, phone number, and the topic of your discussion. Response times are quick, and they will get back to you within the next 24 hours. Finally, you can do things the old-fashioned way and simply pick up the phone and dial 1300 006 337. This is the dedicated phone support line, and there will always be someone on the other side to receive your call. Overall, the level of customer service at Neds certainly goes above the industry average, and the support staff is available 24/7. There is little else that we can ask for when all is said and done.
| Neds Sportsbook Contacts | |
|---|---|
| Contact Details |
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| Social Media | |
Conclusion
| Neds Strong Points | Neds Pitfalls |
|---|---|
| Safe betting destination for Aussie bettors | Many prohibited countries |
| Reliable and convenient deposit methods | Only decimal odds are supported |
| Professional support service | No manual flushing on withdrawals |
| Regulated by Australian authorities | Limited withdrawal methods |
| Easy to navigate | Fees on bank-transfer withdrawals under $250 |