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Neds Review

(4.5 out of 5 stars from 114 Reviews)

$500 BONUS

1x bonus amount at odds of 1.51 or greater
New member offerFirst Deposit Matched Up to $500
Turnover Requirements1x bonus amount at odds of 1.51 or greater
Excluded territories from bonus offerVIC, NSW, WA, SA
Deposit MethodsCredit Card, POLi, BPAY, Bank Transfer, Cheque
Live (in-play) BettingPhone
LicenseNorthern Territory - Australia
Last Update June 2018

We really loved NEDS, especially on our smartphones.

Overall Rating



Sportsbetting Product
Support in Australia & NZ
Mobile Betting
Horse Racing Offers
Payment Methods

One of the newer bookies on the scene in Australia, Neds was founded in late 2017. They are still building a reputation as an online betting agency and it is still very early days for Neds. If you are reading this Neds review then presumably you are considering opening an account with them. Well, you can rest assured that you are in the right place. Here at Aussiebet we put bookmakers under the microscope, and you will find out the good, the bad and the ugly in our Neds review.

Neds: Pros And Cons

  • 100% Aussie owned.
  • Matched first deposit Bonus Bet of $500 (max). (Excluding customers from VIC, NSW, WA, SA).
  • Competitive prices on sport.
  • Excellent horse racing product and promotions.
  • Lack of markets on sports.
  • No live streaming.

Neds Information And Facts

Neds was launched by former Ladbrokes Australia head honcho Dean Shannon in late 2017. Based in Brisbane, they are licensed in the Northern Territory and Neds has already gained a foothold in the Aussie market. Neds is a 100% Aussie owned company and they are official betting partners of the NRL, AFL, Rugby Australia, Tennis Australia, PGA Australia and Cricket Australia.

You can bet on domestic greyhound and harness racing with Neds, as well as domestic and international thoroughbred racing. Neds is strong on sports, especially domestic action in the NRL, AFL and A-League. The odds on offer are about average in comparison to their industry rivals, while the range of markets on offer is something they could improve on.

One area where Neds excels is with their frequent daily promotions for horse and greyhound racing and other sports too. We will outline some of their best current and recent promotions below. Although Neds may not yet have the profile of some of their more established rivals, they are still worth checking out. If you like to keep your betting authentically Aussie, then Neds could be the perfect bookie for you.

Neds Sign Up Bonus: First Deposit Matched $500

Bookmakers are always on the lookout for new customers and sign up bonuses are a big attraction. Neds has one of the best sign up bonus offers in the business, once you use the correct ‘Bonus Code’ when signing up. When you open an account with Neds use the ‘Bonus Code’ NEDS500 and they will match your first deposit with a bonus bet of the same size up to a maximum bonus of $500. Check out our step by step guide on how to get your Neds sign up bonus below.


Get Your NEDS Bonus: Step By Step

Open a Neds account. Enter the bonus code NEDS500.

Make a first deposit (max bonus $500). Your account will instantly be credited with bonus bets matching the value of your first deposit.

You can use your bonus bets on racing or any other qualifying sporting event. Bonus bet can be broken down into separate wagers.

Turnover requirements apply (bonus value x 1 at odds of $1.51 or greater). This offer is not available to customers in SA/NSW/VIC/WA.

Other Neds Promotions

One area where Neds definitely stands out from the crowd is the range and volume of promotions they offer. We will look at their best horse racing promotions later on, but here we will outline some of their best recent promotions for sports. Neds is proud to be 100% Aussie and this is reflected in the promotions they run. So, whether you are an AFL addict or a NRL nut, Neds will have a special just for you.

Neds NRL Lead By 10 Points-Early Payout

When it comes to cool NRL promotions Neds is at the front of the pack. Every week for a specified match they run a ‘Lead By 10 Points-Early Payout’ promotion. If the team you back leads by 10 points or more at any stage of the match, boom! You get paid as a winner even if they go on to lose or draw. The maximum stake for this offer is $50 and check Neds for full terms and conditions.

Neds NRL Double Your Winnings

For a specified NRL fixture every weekend you can DOUBLE your winning with Neds. Follow the link on the site to the special promotional market and place your bet. If your selection wins the match, Neds will unbelievably DOUBLE your winnings. So, if you bet on NRL you can make your victory twice as nice with Neds. Max stake is $20 and check Neds for full terms and conditions.

Neds AFL Lead BY 20 Points-Early Payout

When it comes to amazing AFL promotions Neds is right up there with the best in the business. Every week for a specified AFL match they run a ‘Lead By 20 Points-Early Payout’ promotion. If the team you back leads by 20 points or more at any stage of the match, you get paid as a winner even if they go on to lose or draw. The maximum stake for this offer is $50 and check Neds for full terms and conditions.

Neds AFL Double Your Winnings

For a specified AFL fixture every weekend you can DOUBLE your winnings with Neds. Follow the link on the site to the special promotional market and place your bet on the specified AFL match. If your selection wins the match, Neds will unbelievably DOUBLE your winnings. So, if you bet on AFL you will boost your betting bank with Neds. Max stake is $20 and check Neds for full terms and conditions.

Neds Blog

Sometimes finding winners can be a struggle so it helps to have resources and tips available. With Neds blog you can find the latest news on racing, AFL, NRL, Cricket, Tennis, A-League soccer and lots more. Not only will you find news, you will also gain access to expert analysis on the biggest upcoming racing and sporting events. The Neds blog is yet another reason to consider making Neds your regular go to betting company.

Neds MultiBuilder

Neds MultiBuilder allows you to build your best and biggest multi bets with very few clicks or taps and swipes. Make your selections across many sports and racing markets without leaving the one screen. It works especially well on the Neds mobile/web app and to find out how to use the Neds MultiBuilder on your mobile device check out our guide below.

How To Use Neds MultiBuilder On Your Mobile Device

  • Click on the menu icon at the top left corner of the screen
  • Click on Multi Builder.
  • Swipe through sports and matches to make your selections.
  • To add different sports, just go to the top of the screen and swipe through the different options.
  • When you’ve finished building your multi, press the Add to Betslip button.
  • Your bets will now be in your Bet Slip.
  • From there you’ll be able to add your stake and confirm your bet.

Overview Mobile Builder


Neds Live-In Play Betting

Due to the Australian Interactive Gambling Act, Aussie bookies are unable to offer online live-in play betting. However, with Neds you can still bet in-play, all you have to do is pick up the phone. The in-play odds are displayed in the ‘Live-In Play’ section accessed via the left menu bar.

All the current and upcoming live-in play betting events will be displayed here as well as regularly updated live odds. Once you have weighed up your in play wager just call 134 777 and a friendly Neds operator will take your call and place your bet. Minimum stake for bets placed over the phone is $10.

neds in play

Neds Live Streaming

One area where Neds is lacking is their failure to provide a live streaming service. The provision of live streaming is becoming more common with Australia’s Corporate bookmakers and the ability to bet and watch is an attractive proposition for punters. However, it is still very early days for Neds and it would be no surprise if they offer live streaming some time in the future. If live streaming does become available at Neds, you will hear about it here first.

Neds Mobile App And Web App Betting

Betting on the move is hugely popular in Australia and every major betting agency has realised this fact. If a bookmaker wants to succeed Down Under a quality mobile/web app is a must, and you can bet on the go with Neds on most devices. All the usual markets for racing and sports are available, and you can access the MultiBuilder too.

If you use an iPhone/iPad/iPod Touch the Neds Mobile App can be downloaded or free via the App Store. It is 26mb, iOS 9.0 or later is required and age restrictions apply. The Neds Android App can be downloaded directly from the Neds website and it will work on most recent Android devices.

If you use another device like a Nokia, Windows Phone or Blackberry don’t worry, you can still bet anywhere at anytime with Neds. Just visit the Neds website on your device and you will be automatically directed to the Neds Web App. Although Neds is a new company you wouldn’t know it from their Mobile/Web App, and if you bet on the go Neds is well worth a shot.

How Good Are Neds Odds?

A key consideration for anyone that is serious about their betting is the quality of odds and depth of markets on offer. We compared the odds and amount of markets available for an A-League clash between Perth Glory and Sydney FC with Neds, William Hill Australia and CrownBet.

The best way to gauge the quality of odds is to work out the margin or over round. The lower the margin the better it is for punters, and William Hill just about came out on top with 105.36%. CrownBet were worst by far with 109.07%, while Neds had a very competitive margin of 105.96%. Those figures show that when it comes to odds, Neds are punching well above their weight.

However, Neds does not quite match up to either William Hill (90) or CrownBet (121) when it comes to the amount of markets available. Neds only has 50 extra markets on offer, and that is definitely an area they can improve upon. You will still find all the main player markets and other popular markets, but a little more depth wouldn’t go astray.

Neds Cash Out: Pocket Those Profits Early!

We all know that sinking feeling when you get that sensation in your gut that tells you your multi is going to falter at the final hurdle. Now, you can act on those instincts with Neds Cash Out, a handy tool that allows you to cash in your bet before it has completed. Not all bookmakers offer this very useful facility and Neds is one of the few that do.

Cash is not available on all events though, and access to the facility is at Neds’ discretion. Cash out value is determined by a number of factors. These include the price you accepted, the amount you wagered, and the current price. Your Cash Out value will change as the odds of your bet drift or shorten.  Check Neds terms and conditions for full details on Cash Out.

Neds Horse Racing Betting

Horse racing is one of the most popular sports for Aussies to bet on and one race in particular is held in the highest of regard. Melbourne Cup day, also known as the race that stops a nation, is looked forward to in the four corners of the country and it is a truly International event these days.

Neds are near the front of the pack when it comes to betting on horse racing with a wide variety of betting options available. These include the usual suspects like win/place/each way and odds are displayed for Top Fluc and Tote (Best or SP and Best Tote place). Exotics like exactas, trifectas, quinellas and first four bets are easily accessed from a menu bar above each race.

Neds also has a few very neat features that can be useful to horse racing punters. For every race you can utilise the ‘Money Tracker’ to see exactly where the smart dollars are going. Fluctuation history, featured bets and speed maps can also be accessed for every race, while the race comments can often point you in the direction of a winner. Fixed odds are available early for domestic racing, so if betting on the horses is your passion you could do a lot worse than giving Neds a try.


Neds Specials For Horse Racing Punters

As if generous odds and loads of markets weren’t enough to convince you to give Neds a shot, their regular racing promotions are yet another reason why you should. Every day of the week Neds run promotions for horse racing and we list some of their best specials for horse racing punters below.

Neds BetBoost/PriceBoost

Another superb tool on offer from Neds for horse racing punters is their BetBoost or PriceBoost offer. You can choose which service you prefer in your account settings. With BetBoost Neds will allow you to boost your stake for free on your selection when you hit the BetBoost button on the betslip. With PriceBoost you follow the same process, except Neds will increase your odds instead of your stake. This is available on Australian fixed odds horse racing bets only and terms and conditions apply.


Neds Top 3 Wins-Day

The Neds Top 3 Wins-day is a cool horse racing promotion that runs every Wednesday. Neds will nominate a race or races at a domestic horse racing meeting and if your selection finishes in the Top 3 you will get up to $20 in bonus bets. The bonus applies to win or win part of e/w bets only and maximum bonus is $20. Offer not available to residents of SA.

Neds 2 For 1 Tuesdays

Every Tuesday in one or more nominated horse races at a domestic meeting Neds runs the 2 for 1 Tuesday promotion. If you place a win only wager on the nominated race, you will get a bonus bet up to a maximum of $20 to use on a later race on the card specified by Neds. Offer not available to residents of SA.

Neds Protest Payout

Sometimes it can be a real heart breaker if a protest is upheld against a horse you backed to win. However, with Neds you need not worry, as they will pay out on the promoted horse AND the original winner. Protest Payout applies to Australian thoroughbred and harness races only. It does not apply to place getters or disqualified runners. Protest Payout applies to single win Bets and the win portion of each-way Bets only. Multis, exotics and Bonus Bets are ineligible for protest payout. Maximum Protest Payout is $10,000 per Customer, per day

Neds Deposit And Withdrawal Methods

  • Instant Deposit Methods: Visa, MasterCard, POLi.
  • Non-Instant Deposit Methods: BPAY, Bank EFT.
  • Withdrawal Methods: Bank EFT, BPAY.

There is not much point opening an account with a betting company if you are unable to deposit or withdraw funds. Banking facilities are a key consideration when signing up with a bookmaker, and Neds lag behind a lot of their rivals when it comes to banking options. PayPal or Skrill are unavailable and you can only withdraw via BPAY or Bank transfer. Before you can deposit or withdraw you will need to verify your Neds account, and you can find out how below.

Account Verification Electronic

  • Log in to your Neds account.
  • Go to ‘My Account', then select ‘Verification Centre'. (Here you are able to verify your Identity along with your Debit and Credit Cards).
  • Click on ‘Verification Centre' and select ‘Verify Me Now'.
  • Follow the on-screen instructions to verify your account.
  • To complete your electronic verification, you will be asked to provide one or several of the following documents: Driver Licences; Australian Passports; International Passport; Visas; Medicare Cards; Australian Citizenship Certificates; Immigration Cards.
  • Customers unable to verify electronically will need to use certified documents.
  • Full instructions and a list of documents can be found here.

Neds Limits And Payouts

Betting agencies always protect themselves from monster payouts with the potential to bankrupt them. Neds imposes strict win limits for sports and racing and we outline some of the key limits below.*

Neds MultiBet Win Limits And Payouts*

  • Maximum dividend for any multi bet capped at 10,000/1.
  • Maximum payout for any multi bet capped at $500,000.
  • Maximum legs allowed in multis: Racing-16; Sports-20.

Neds Horse Racing Win Limits And Payouts*

  • Maximum payout of $200,000 per single race.
  • Maximum payout over 24 hours of $500,000.

Neds Racing Win Limits By Race Type

Australian Horse Racing (Gallops):

Win and Place: Metropolitan Venues = $300,000; Non-metropolitan Venues = $150,000.

Quinella: Metropolitan Venues = $200,000; Non-metropolitan Venues = $50,000.

Exacta: Metropolitan Venues = $100,000; Non-metropolitan Venues = $30,000.

Trifecta; Metropolitan Venues = $200,000; Non-metropolitan Venues = $50,000.

First Four; Metropolitan Venues = $200,000; Non-metropolitan Venues = $50,000.

Daily Double: Metropolitan Venues = $20,000; Non-metropolitan Venues = $5,000.

Treble: Metropolitan Venues = $100,000; Non-metropolitan Venues = $20,000.

Quaddie; Metropolitan Venues = $300,000; Non-metropolitan Venues = $100,000.

Super 6: Metropolitan Venues = $300,000; Non-metropolitan Venues = $100,000.

Betting Without: Metropolitan Venues = $50,000; Non-metropolitan venues= $25,000.

Odds/Evens: Metropolitan Venues = $50,000; Non-metropolitan venues= $25,000.

Head to Head: Metropolitan Venues = $20,000; Non-metropolitan venues= $10,000.

Jockey Challenge Metropolitan Venues = $30,000; Non-metropolitan venues= $15,000.

Early Quaddie: Metropolitan Venues = $100,000; Non-metropolitan Venues = $25,000.

Fixed Odds Quinella: Metropolitan Venues = $100,000; Non-metropolitan Venues = $25,000.

Fixed Odds Exacta: Metropolitan Venues = $50,000; Non-metropolitan Venues = $10,000.

Fixed Odds Trifecta: Metropolitan Venues = $100,000; Non-metropolitan Venues = $25,000.

Back the Field: Metropolitan Venues $20,000; Non-metropolitan Venues $10,000.

Fixed Odds Quinella: Metropolitan Venues = $100,000; Non-metropolitan Venues = $25,000.

Fixed Odds Exacta: Metropolitan Venues = $50,000; Non-metropolitan Venues = $10,000.

Fixed Odds Trifecta: Metropolitan Venues = $100,000; Non-metropolitan Venues = $25,000.

A Metropolitan Venue is defined as Melbourne, Sydney, Brisbane, Adelaide and Perth

*Please check Neds Terms and Conditions other limits may apply.

Neds Customer Service

As the saying in business goes, the customer should always be number one and this should be reflected in the customer service on offer. There are a number of ways through which you can get in touch with Neds, including phone, live chat and email. Below you can find the contact details for Neds should you need to communicate with them.

Neds Contact Details

  • Telephone: 1300 006 337 (7am-11pm AEDT).
  • Email: Via ‘Contact Us’ section of website. No response time specified.
  • Post: Neds.Com.Au Pty Ltd, Montpelier Road 25, Brisbane, 4006, Australia.
  • Live chat: Via ‘Live Help’ link on the Neds site.

Is Neds A Bookmaker You Can Trust?

When you sign up with a new bookmaker you need to know they can be trusted. Handing over bank details and other sensitive information is never easy, and Neds takes a number of key precautions to keep your information in safe hands. Below you will find some of the security features used by Neds to stop your details falling into the wrong hands.

  • Protection of passwords using industry standard encryption.
  • Measures to preserve system security and prevent unauthorised access.
  • Back-up systems to prevent accidental or malicious loss of data.
  • Any paper copies are stored in locked cabinets or restricted access archive rooms. Neds may use third party data storage providers to store.
  • Documents verifying your identity and any credit card information you send to Neds will be stored in a secure database.

Responsible Gambling

Here at AussieBet we cannot emphasize enough how important we think the promotion of responsible gambling is. We were delighted to discover that Neds share our enthusiasm for responsible gambling, and their message is clear. When the fun goes out of gambling, it is time to stop and get help. Below are some of the features Neds have put in place to help encourage responsible wagering.

  • Identity Checks.
  • Pre-commitment limits (deposit and bet limits).
  • Self-exclusion (either temporarily or permanently).
  • Provide information and referring customers at risk to gambling related support services.
  • Self-help and awareness information.
  • Tools to protect underage access.
  • Training staff about responsible gambling at induction and every 2 years.

Neds: A Newcomer Making A Big Impact

For a bookmaker that only started a manner or months ago, Neds has already made a mark on the Aussie Betting scene. Of course, there are a few negatives like lack of depth of markets on sports, no live streaming and limited banking facilities. However, those issues can all easily be fixed and Neds has a lot of features that count as big positives.

Their sports odds are extremely competitive and far better than those on offer from CrownBet. Their regular racing and sports promotions are another huge plus, and the MultiBuilder is another very useful tool. Neds horse racing betting section is one of the best around and though they may be relative newcomers, Neds is already making ground on the industry leaders. Neds is 100% Aussie owned and run and we think that they will be a household name in Australia before long. Give Neds a try, you won’t regret it!

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$500 BONUS

1x bonus amount at odds of 1.51 or greater

$500 BONUS

1x bonus amount at odds of 1.51 or greater

Sorry Guys, but the new NSW regulation is preventing us from showing you any betting promotions, so we have to stop you here, since you can't participate anyway. What we can do is recommend our favorite bookies, based on their products.

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