Neo Bet is a fairly new online betting site offering a complete product for Indian users with a massive range of, sports, betting markets & competitive odds all available on two great betting apps for Android & iOS users.

Reviewed by Shivam Bhateja Last updated: 09/03/2023
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NEOBet India Review (2023)

Launched in 2018, Neo Bet is an online bookmaker owned and operated by Greenvest Betting Ltd. The company is headquartered and licensed in Malta. Malta Gaming Authority (MGA) is the regulatory body that ensures the security and safety of the users and the ethical conduct of the operations.

The Neo Bet website looks a little cluttered at first look. This may be because the platform has a lot to offer. However, it does not lack in any aspect. The website is smooth and easy to navigate. There are many sports and esports available for betting over different betting markets and competitive odds, which we will discuss later.

Neo Bet is slowly gaining popularity in India because of many live sports available for betting and attractive welcome bonuses. The website is available in English and German and registering with it is quick and easy. 

Read this article to know what Neo Bet has to offer to Indian punters and if it will be the right platform for you for sports betting. 

Neo Bet Sportsbook

Neo Bet has significant options for sports betting but somewhat falls short when compared to other similar betting sites in India. If you have been betting on sports through similar online betting sites for some time now, then you may find the number of sports available on Neo Bet not that promising.

There are many international tournaments available for betting in different sports like Cricket, Rugby, Football, Basketball, Boxing, Volleyball, Tennis, Baseball, Table Tennis, Ice Hockey and, India’s favourite, Kabaddi. However, popular racing sports like Horse Racing, F1 races and Motorcycle races are missing from the list. These sports, especially Horse Race betting, have a huge demand in India. 

When it comes to the betting market, Neo Bet does not disappoint you. You can find all the major betting markets like Handicap, Total Score, Draw no bet, Over/Under, Both to score and more spread across different sports. The interesting part is that most of these markets include odds no less than 1.5. 

Another type of sport that is high in demand these days and is available for betting on Neo Bet is Esports. Games like League of Legends, Counter-Strike and Overwatch fall in this category. You can also watch the live event view. This lets you get live updates and statistics reports on the sport, especially when you are on the go. 

Neo Bet Customer Support

It is typical for bettors to have queries. Therefore, a bookmaker must have an efficient support system to gain users’ trust. Neo Bet has several ways through which users can get in touch with the support team. The quickest way is live chat. It is available from 07:30 CET to 23:59 CET and can be accessed through the “Support” tab available on the top-right corner of the home page. 

If you do not wish to use live chat, then conventional email support is also available on Neo Bet. You can write your questions or suggestions to The team is prompt with its reply and goes above and beyond to assist its users. 

Neo Bet Payments

Indian punters will be happy to know that Neo Bet accepts payments in INR through local payment methods that are commonly used by Indians. Some of these include UPI, Paytm, Rupay, GPay, & PhonePe. There are other international payment modes as well like Visa, Mastercard, Bank Transfer, Neteller and Skrill

You can deposit and withdraw in INR through these methods. All of them are safe and have different withdrawal and deposit limits. For instance, you can withdraw a minimum of INR 500 and a maximum of INR 2,00,000 through Bank Transfer. Through other methods, like Paytm, UPI or PhonePe, the minimum deposit limit is INR 200 and the maximum limit is INR 20,000. 


Being a new online sports betting, where many bookmakers have established a strong market presence over the years, can be a little challenging for Neo Bet. The website has some shortcomings like the absence of racing sports, a dull website and no online casino. But, it has a few other features that may attract more punters in the coming days.

The competitive odds and an extensive betting market are the primary factors that attract more punters to the website. The convenient payment methods and generous welcome bonuses are also very enticing. To make it more convenient for users, Neo Bet has well-optimised betting apps for Android and iOS devices. Now you can bet on your favourite sport anytime and from anywhere and never miss any live action.

  • 1

    How To Join Neo Bet

    Registering with Neo Bet is easy. Follow the steps given below to create a betting account on Neo Bet.

    1. Click on “Join or Login” in the top-right corner of the website.
    2. Enter your country. Submit your email ID and choose a strong password for your account.
    3. In the next window, you can choose between “Fast Track Registration” or normal registration. The fast-track registration will ask for your Aadhaar number to verify your details. These are required for the KYC.
    4. After your Aadhaar/PAN is verified, you will have to submit other details like your physical address, date of birth and contact details. 
    5. By completing the above steps your registration will get completed.

    After the successful registration, you can head towards making your first deposit and claim the welcome bonus. 

  • 2

    Verify Your Account (KYC)

    Account verification is required to be completed by every user. Online betting and gambling platforms have made it strict and compulsory for every user as a measure to prevent financial crimes, like money laundering, and to protect users’ funds. 

    KYC or Know Your Customer is a process of verifying a user’s account where users have to submit Proof of ID to confirm their identification. The majority of betting sites do not allow users to withdraw their funds if they have not completed the KYC process. Therefore, if you want to withdraw your winnings, you must complete your KYC.

  • 3

    Deposit/Withdraw Funds

    To make a deposit or withdrawal on Neo Bet, follow the steps given below.

    1. Click on your account menu at the top-right corner of the website.
    2. Select “Deposit” or “Withdrawal”.
    3. Select the currency and payment mode.
    4. Select a bonus, if you are depositing for the first time.
    5. Enter the deposit or withdrawal amount.
    6. Complete the payment verification, which depends on your mode of payment.

    The deposits take up to 24 hours while withdrawals can take up to 3 business days.


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