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NeoBet Review: How Do NeoBet Compare to the Best as an Online Betting Site in Canada?

Examine Everything NeoBet Have To Offer

Dave Kuzio
Editor
Fact checked by: Jim Knight
Last Updated on 23.05.2024
NEO.bet
4.3/5

If you reside in Canada or Ontario and wish to place sports bets with boosted odds, the NeoBet sportsbook platform is the perfect choice. This NeoBet review confirmed the unparalleled security of NeoBet, built on Malta and AGCO Ontario licenses.

Furthermore, in this review, we will navigate through the pros and cons of NeoBet. We will inspect bonuses for Canadian players, explore deposit and withdrawal options, and even show you how to register your NeoBet account. Throughout this exploration, we will shed light on every feature that makes NeoBet special for players in Canada and Ontario.

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NEO.bet Pros and Cons
  • Over 9,000 live events monthly
  • C$400 welcome bonus
  • Live odds boost
  • C$100 friend referral bonus
  • Customer support limited hours
NEO.bet Sports Bonus
T&Cs apply, 21+
-
Bet Selection
Basketball, Darts, Football, Handball, Rugby, Tennis, Volleyball, Ice Hockey, American Football, Baseball, Cricket, Table Tennis, Boxing, Mixed Martial Arts, Aussie Rules, Snooker, Cross-country Skiing
Gaming Licence
MGA - Malta Gaming Authority
Withdrawal Time
0 – 3 Days
Support Types
Live Chat, Phone, Email Support

NeoBet Canada’s Triple Deposit Bonus Offer

4.0/5

Most Canadian players aged 18 years or older can significantly boost their bankrolls by claiming the deposit bonuses on their first three deposits at NeoBet Canada. You are free to deposit between C$10 and C$100 using your credit card, Paysafecard, or Interac, and you’ll receive:

That's why I like it:
Rewards multiple deposits
Long term expiry date
What I don't like:
5x wagering required
CanadaOntario*
First Deposit Bonus100% up to C$200-
Second Deposit Bonus100% up to C$100-
Third Deposit Bonus100% up to C$100-

The deposit and bonus amounts must be turned over 5x within 100 days to be available for cashing out. Honestly, these are the fairest bonus terms and conditions we’ve come across. To learn more about this extraordinary offer, check out our detailed NeoBet bonus review.

*NeoBet’s sportsbork in Ontario operates under different regulations; please visit their regional sportsbook site for more information.

Unlocking NeoBet: Your Passport to Registration

4.0/5

To open an account at NeoBet, generally you must be a Canadian resident aged over 18. For registration at NeoBet Ontario, the minimum age requirement is 19. The registration process is very easy and can be completed in minutes. Follow the steps below:

  1. Select your Country of Residence
    Once you select your country of residence, NeoBet will check your location to ensure you’re not outside the legal area. In the next step, you must enter the postal code of your city of resistance and click on the next step.
  2. Enter your Email Address and Phone Number
    Choose whether you want to register your account with an email address or telephone number. We chose the email address and confirmed accepting the terms and conditions.
  3. Type your Personal Data
    At this point, you must provide your phone number, first and last name, date of birth, and home address. It’s worth noting that you must provide correct information since the KYC process has to confirm the data you provide while registering your account.
  4. Set your Deposit Limits
    Set your deposit limits in C$ and choose the limit period (per day, week, or month).
  5. Confirm All the Provided Data
    In the next step, NeoBet will again ask you to confirm your data. Once you confirm, you’ll be redirected to the NeoBet cashiers page.

NeoBet Canada and Ontario Market Specials

4.1/5

If you’re searching for a sportsbook with many opportunities and some unique features, you’ve come to the right place. Whether you’re a seasoned bettor or a newcomer to the world of online sports betting, NeoBet sportsbook has something for everyone in both the Canadian and Ontario markets. Our NeoBet review found that it combines several advantages for you in a worthy package, ensuring you make the most of your betting experience.

CanadaOntario
Licence
Live Betting
Boosted Odds
Live Streaming
Personal Bet Configurator
Cashout Option
Live Odds Boosts
eSports Betting
Mobile App

Our Experience on the NeoBet Android and iOS Apps

4.5/5

NeoBet has dedicated apps available for each region, and you can download them from Google Play and the Apple Store. They’re also available for download on the NeoBet website by scanning the respective QR code. The application is fully optimized with 1-click selection, live notifications, and personal in-app support 24/7.

That's why I like it:
Available on iOS and Android
Packed with features

The NeoBet app is among the top betting apps in Canada since it offers a wide range of sports betting options. It contains the complete program of sports, betting markets, odds, and features, including the Personal Bet Configurator, the Save Win Limit, the Cashout option, and boosted odds in live events. You can react more quickly to live events while betting on the go. With the app, you also won’t miss out on any of the main site’s bonuses or promos.

For those who prefer not to download betting apps, you can simply opt for the mobile browser version and consider bookmarking the site for quick logins.

Neobet sport betting
Neobet mobile sports betting
Neobet bet like a pro
Download the Neobet mobile app

Diverse Payment Palette for Your NeoBet Betting Activities

4.1/5

NeoBet Canada has decent but sufficient payment options for Canadian players who have decided to try their hand at online betting. Some available methods are Interac, Visa, Mastercard, MuchBetter, and Paysafecard. When you reach the point of withdrawing your funds, NeoBet Canada will allow you to transfer to any bank in Canada via Interac e-transfer.

That's why I like it:
Good choice of global and local methods
What I don't like:
No cryptocurrency options

The Ontario sportsbook has only three deposit methods available: Interac, Visa, and Mastercard. Withdrawals are possible through Interac E-Transfer, Visa, and Mastercard.

In the table below, you can review your deposit and withdrawal limits, processing times, and any fees associated.

NeoBet CanadaNeoBet Ontario
Deposit Methods AvailableInterac, Visa, Mastercard, MuchBetter, PaysafecardInterac, Visa, Mastercard
Min/Max Deposit
  • Interac: C$10 / C$2,500
  • Visa/Mastercard: C$10 / C$5,000
  • MuchBetter: C$10 / C$1,000
  • Paysafecard: C$10 / C$500
Interac: C$10 / C$2,500
Visa/Mastercard: C$10 / C$5,000
Deposit Processing TimeInstantInstant
Withdrawal Methods AvailableBank transfer, Interac e-transferInterac e-transfer, Visa, Mastercard
Min/Max Withdrawal
  • Bank transfer (eCashout): C$20 / C$9,999
  • Interac E-transfer: C$20 / C$9,999
  • Interac E-transfer: C$20 / C$9,999
  • Visa/Mastercard: C$20 / C$20,000
Withdrawal FeeNoneNone
Withdrawal Processing Time1-3 days1-3 days

A Helping Hand at NeoBet

4.0/5

There are various ways to contact NeoBet customer support representatives in Canada and Ontario. Live chat is a useful option if you seek quick answers to your questions, and they advertise responses under two minutes, which in our experience, was true. We didn’t have to deal with live bots and got real human answers.

That's why I like it:
Live chat
FAQ section
Unique direct bet support

Additionally, you can reach their support team by phone, email, or through Facebook, Instagram, and Twitter.

ChannelCanadaOntario
Live SupportYesYes
Emailsupport@neo.betsupport@neo.bet
Phone Number/Fax+356 277 80 112N/A
Social Media ChannelsFacebook, Instagram, TwitterFacebook, Instagram, Twitter

Many player’s questions are answered in the NeoBet Help Center and their FAQ section, so make sure to check out before contacting customer support. Another worthy mention is their Direct Bet Support, which is a service accessible directly from your bet slip should you have any concerns towards your active bets.

Trusted Licence and Security Fortress at NeoBet

5.0/5

The NeoBet rating on licensing has a stellar reputation among Canadian players, even though it was established somewhat recently in 2018. It’s owned by Greenvest Betting Ltd., a company registered in Malta and regulated by the Malta Gaming Authority (MGA) with a license number of MGA/B2C418/2017 as of March 21, 2018.

That's why I like it:
MGA & AGCO licences
High level encryption

NeoBet Ontario is owned by Reactive Betting Ltd, a Malta-based company, and has been licensed by the Alcohol and Gaming Commission of Ontario (AGCO) with registration number 1242835.

NeoBet has implemented the Payment Card Industry Data Security Standard (PCI DSS) since it meets the credit card data storage requirements. NeoBet is certified with TUV Rheinland ISO/IEC 27001:2013, offering the most comprehensive security frameworks in the world. Additionally, SSL encryption, considered the most secure encrypted connection nowadays, protects your data during transmission.

NeoBet Canada Promotions: Unlocking the Best Incentives

4.3/5

When it comes to rewards programs, NeoBet doesn’t have a clearly defined VIP program to speak of. However, we checked with customer service, who reported that they are working on a new rewards program. Until then, you might receive communications from a VIP manager who will offer you exclusive deals – but the sportsbook is the only one who can initiate that contact.

That's why I like it:
Varied promotions
Referral program available
What I don't like:
No dedicated VIP scheme

Apart from that, we would say that the NeoBet welcome bonus is the premier incentive this sportsbook offers. Still, you should keep an eye out for active NeoBet promotions, ensuring you visit NeoBet Canada regularly to stay informed about the latest offerings.

NeoBet Canada’s Referral Program

As of the writing of this NeoBet sports review, we’ve identified a friend referral bonus that allows you to get C$100 for recommending NeoBet Canada to your friends. Share your referral link with a friend via WhatsApp, Telegram, or SMS. Upon registering an account through your link, your friend will receive C$10 immediately. Once NeoBet receives the first deposit of a minimum of C$30, you’ll unlock your C$100 referral bonus. Note that this bonus comes with wagering requirements of 10x for sports bets with a minimum odds of 1.5 (-200) and is valid for 30 days.

User Experience, Aesthetics, and Overall Impression of NeoBet

4.4/5

At first glance, NeoBet appears to be a standout bookie with a design and user interface to compete with those of Canada and Ontario’s best online betting sites. A chyron at the top of the website keeps you informed about the latest pre-match and in-live betting winners. Each sport and feature is easily accessible with quick link buttons at the top, including your favourite list, live streaming, and upcoming events for today and tomorrow.

That's why I like it:
Easy to move around
Attractive design

Scrolling through the main page may feel a bit information and text-heavy, but at the very least, the main sports markets are prioritized first, so reading the other parts are optional. In terms of site graphics, they are crisp and eye-catching, however the way images are cut off or displayed might seem a bit strange at first.

Regarding actual usability, we found clicking through the site to be very quick and responsive, with near instant flips through the sportsbook. Adding selections to your bet slip is a one-click affair, allowing you to place single, parlay, or system bets. Depositing money is a seamless process without any interruptions either, provided you have a stable internet connection.

Bonus
Payment Methods
-
Mobile Accessibility
Android, iOS (Apple), Mobile Website
Customer Support
Live Chat, Email, Phone
Security & Licencing
MGA - Malta Gaming Authority
VIP Promotions
Loyalty Program
Betting Markets
17 Sport Types: Basketball, Darts, Football, Handball, and many more
Odds Level
81% - 94%
Special Functions
Tax-Free Promotions, Cash Out, Live Streams
Live Betting
Available

NEO.bet Sports Betting

That's why I like it:
Competitive odds
High maximum win limits
Live streaming
What I don't like:
Lacking the choices of other brands

NeoBet Sports Selection: 20+ Sports with In-Depth Markets

Neobet mobile sport
Bet from anywhere with the Neobet mobile apps
Neobet cashout
Cashout when you need to with NeoBet

NeoBet currently provides access to over 20 sports, with coverage for both pre-match and live betting. This is not the widest sports selection we’ve seen, but it’s also not a bad start. In this NeoBet test, we chose soccer as an example to delve into the betting markets offered. You can place traditional winning bets (1×2), predict the number of goals, and even wager on the goals of individual players.

There is the option to bet on a handicap, the next goal, or both teams to score. With such a variety of choices, NeoBet provides hundreds of betting markets for just one sport. Moreover, below the list of events, you can review the team statistics for both teams, enabling you to make an informed decision about the game outcome.

NeoBet Odds and Special Event Boosts

NeoBet offers betting markets and odds similar to those of other top-tier sportsbooks worldwide. Odds are displayed in American format, but you can change them as fractional and decimal odds are available.

What we noticed that’s interesting is that the odds on even-money bets (like over/under) have a pretty fair juice in comparison to other betting sites. NeoBet usually offers -110 odds (1.91) on two-sided wagers, presenting a 10% juice, while the standard among other sportsbooks ranges from -111 to -117 (1.91-1.85), or 11% to 17% juice. This means that, over time, you can expect a more favourable return on your winning bets.

Also worth mentioning are NeoBet’s odds boosts on specific events like the NBA Playoffs and NHL Finals. The way these work is that the sportsbook will select a few events and apply boosted odds to them; you can’t choose them yourself. This guarantees the most competitive odds currently available on the market, allowing you to get the best possible return on your winning wagers.

9000+ In-Play Betting Options, Stats and Live Streaming

Live betting is arguably the most popular way of betting on sports nowadays, and NeoBet has its in-play betting section optimized to a T. For starters, there are over 9,000 live betting markets monthly, so choice won’t be an issue here (as long as you’re not interested in England’s soccer Sunday League). Placing bets, on the other hand, is as easy as tapping on the odds you want to wager on.

For most sports available to bet live, there is a nice live game visualization that keeps you in the loop on what’s happening in the game (live streaming in NeoBet Ontario is only available for eSports). It’s reliable and doesn’t break as long as your internet connection is stable.

There are also in-depth statistics available that might give you valuable information, such as the number of dangerous attacks, possessions, etc. You can access all of these via the buttons located at the top of the live game visualizer. Below the visualizer, you will find all the additional betting markets available for the game.

Of course, it wouldn’t be a complete live betting platform without early cashouts. In fact, NeoBet has taken this a step further with its Cashout Control section, which allows you to set stop-loss limits on your pre-match and live bets. Your bet will be cashed out when the value of your ticket falls below the value you added.

NeoBet’s Minimum and Maximum Bet Limits

NeoBet limits are publicly displayed in the terms and conditions section. We found that the minimum stake for fixed, system, and multiple bets is C$1, which is not the lowest we’ve seen, but still very reasonable. Meanwhile, the maximum amount of winnings reaches up to C$1,000,000.

As high as the win limit goes, the maximum you can withdraw daily is C$20,000, and the maximum withdrawal per year is C$180,000, so don’t expect to withdraw everything at once if you do place a very successful high roller bet.

We weren’t able to locate more precise information on limits based on major sports, but just be wary that there could be some variations. The same overall limits apply for both NeoBet Canada and Ontario.

NeoBet Review Final Word

As a conclusion of this NeoBet review, we can confidently say that NeoBet emerges as not the best, but a decent choice in the realm of sports betting, earning our sympathy with the sports coverage, number of betting markets available, and boosted odds for some events. The betting limits are accommodating for both newcomers and seasoned veterans in the realm of sports betting.

We conclude this NeoBet review with a positive recommendation for this operator. We trust that our insights have assisted you in making an informed decision about joining NeoBet in Canada and Ontario.

Conclusion: Unparalleled NeoBet Betting Experience

NeoBet has implemented all possible features to create maximum player satisfaction, which we have aimed to explore in detail with our NeoBet reviews on various aspects of the platform. From the welcome offer of C$400 in the first three deposits to the C$100 referral bonus, NeoBet Canada adds substantial value to your bankroll.

Their technologically advanced mobile app lets you make your betting on the go as authentic as possible. You can deposit and withdraw your winnings through Interac, Visa, and Mastercard for both regions, and contact customer support via live chat, email, and social media channels. As the cherry on top, NeoBet has a quick and responsive site, despite a quirky layout design, and it’s a fully licensed and secure platform for all Canadian and Ontario players, contributing to enhancing NeoBet ratings.

FAQs on Our NeoBet Reviews: What Players Want to Know?

💪🏼 Is NeoBet legit?

NeoBet is a legit online sportsbook licenced by the Malta Gaming Authority for the players in Canada and the Alcohol and Gaming Commission of Ontario.

📱 Does NeoBet have mobile apps available?

Yes, NeoBet has mobile apps for Android and iOS devices. You can download them from Google and Apple Store or a direct link on their website.

🏧 How long does a withdrawal take on NeoBet?

Withdrawal processing time on NeoBet can take 1-3 days. Depending on your chosen withdrawal method, your winnings may take up to 3 days to reach your account.

✨ Is there a welcome bonus for new players at NeoBet?

NeoBet offers a welcome bonus for new players from Canada up to C$400 on your first 3 deposits. For those playing from Ontario, please visit their official site for details.

🤝🏼 How can I get in touch with NeoBet customer support?

You can contact NeoBet customer support via live chat, email address, and phone for the players from Canada and on social media channels Facebook, Instagram and Twitter.

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