NetBet Review

by sportsbetting24.com™
Customers from USA cannot join this betting site
Last Update

Here is a list of betting sites that accept customers from USA

NetBet is packed with a number of betting features which can make a big difference. To many, they are the push they need to join NetBet and stick with it for seasons to come. It has a modern touch, which means it’s capable of outmatching big-time betting sites, though it will break a sweat. Our NetBet review holds all the details you need to make an informed decision, whether to join NetBet or look for other options at the end of this review. We’re going to start with the welcome bonus offer, and then we’re going to move on to the withdrawal policy, the odds and the customer support among other areas.

NetBet Sign-Up Offer - The Boost You Need!

NetBet offers a good cash boost for new players to try out their platform. It is doling out 50% bonus, up to €50 (or equivalent currency), on your first deposit at the betting site. Customers from the UK, however, are eligible for a different sign-up offer, which amounts to £30 in total, but, there's a catch. Check out the details below!

NetBet Bonus Code for New Players

NetBet Promo Code Bonus Bonus Code
First Bet Matched (RoW) 50% up to €50 Bonus WELCOME50
Sign-up Offer (UK) £15 Free Bet + £15 in Free Spins None needed
18+, New Customers Only / Customers will be awarded £15 in free bets and £15 in free spins for casino and vegas. Freebets Valid for 3 days. Free Spins valid for 7 days. T&Cs Apply.

Both offers seem like decent value for money, though we can't help but wish that the 50% deposit bonus was a 100% deposit bonus, as that's a little more in-line with general industry trends. However, we're in love with the NetBet Sign Up Offer for the UK. The NetBet UK Sign Up offer gives us both free bets, as well as a few cheeky free spins in their casino. This is a great way for punters who've never tried spinning the reels before can give it a go and see how they like it without risking anything.

How do I use the NetBet Bonus Code?

To avail the €50 Welcome Bonus on your first deposit, follow the following steps.

  1. Register with NetBet and complete "Know Your Client" Verification
  2. Log into NetBet Account
  3. Go to Cashier Section and select your Payment Gateway
  4. Enter the NetBet Welcome Bonus Code, WELCOME50 in the ‘Promotion Code’ section
  5. The bonus money will be automatically added to your account.
  6. Wager 6x the bonus amount to cash out your winnings

NetBet Sign-up Offer for UK Customers Bonus Terms

  • Min. deposit to qualify for this bonus offer is £10
  • Deposits made with Skrill, NETeller and PayPal do not qualify for this bonus offer
  • £15 Free Spins amount to 50 free spins on Starburst (£10 worth) and 25 Free Spins on Age of the Gods games (£5 worth)
  • Free Spins expire after 7 days and winnings must be wagered 40 times before withdrawals can be made
  • Free bets are valid for 3 days each
  • Free Bets can be used on one acca bet (two selections or more), one Virtual Sports market of your choice and one on any sports market of your choice.

Offers and Promotions for Existing Bettors

It isn't just the NetBet welcome offer up for grabs, Netbet also feature a small selection of offers for their existing users. With so many betting sites out there not offering anything at all to their existing punters, the fact that NetBet have regular promotions and offers up for grabs is definitely a point in their corner. 

Of course, we can't get too specific about what Netbet offers look like, as they change all the time, but that's actually great news for prospective punters. NetBet offers tend to be based on sporting events on at the time, and they're kept current and up to date. At the time of writing, it's a relatively quiet time in the sporting world, and even now there are still four different NetBet offers for their existing users to take advantage of.

The offers themselves are all quite standard for the industry. Bettors can get added value through things like claiming free bets, getting bet insurance, getting odds boosts, and more. We recommend heading to their promotions page regularly, and especially when one of your favourite events is on, you're likely to be able to claim a decent NetBet offer or two.

Safety and Security

NetBet has redefined its security standards in recent years and currently offers state of the art safety infrastructure. SSL encryption secures the whole NetBet network. The network is regulated and licensed by the Malta Gaming Authority and the UK Gambling Commission. Apart from this, NetBet is regularly audited by RNG iTech Labs. The company is also associated with IBAS and GamStop, for easy conflict resolution.

NetBet is a notable bookmaker of the iGaming industry, preferred by punters for its wide variety of sporting markets. NetBet is owned and managed by NetBet Enterprises Limited, a mid-size company headquartered in Malta. NetBet was launched in 2001 with a primary focus on the UK market. It was granted an operating license the Malta Gaming Authority in 2006. It also carries a license from the UK Gambling Commission. NetBet is the official betting partner of football clubs like Hamilton Academical, FSCB, and St Etienne. NetBet Casino also provides a full range of casino games, including slots, live casino, poker, NetBet Vegas jackpot, and lotto.

NetBet suffered a few hick-ups during its expansion into foreign markets, and there were some genuine complaints about NetBet withdrawal problems and its bonus policies. However, the company has been responsive to customer demands and has revamped itself in recent years. Many new betting features were added, the banking network was simplified, and customer service received the highest priority. In this NetBet review of 2020, we put the brand under strict scrutiny to reveal its pros and cons. 

Responsible Gambling Features in NetBet

NetBet is also committed to Responsible Gambling and is associated with leading institutions like GamCare, Gambling Therapy, and Be Gamble Aware. You can also use several Responsible Gambling features present in NetBet like:

  • Loss/Transfer Limit
  • Deposit Limit
  • Reality Check Alerts
  • Session Timer.
  • Time Out.
  • Self-Exclusion

Ease of Banking in NetBet

As of 14th April 2020, players from the UK are no longer allowed to make credit card transactions at online betting sites

NetBet faced quite some flack for its banking network. It has now recovered all lost ground by including several leading payment gateways, including PayPal. Currently, the bookmaker offers payment gateways like Card Payments, Online Banking, e-wallets, and Wire Transfer.

The gateways are a mix of international and regional brands. The following gateways can be used to deposit and withdraw funds from NetBet.

There is a minimum deposit limit of £10 for any gateway, while the maximum cap can be set by the player during the registration process.

There are no transaction/processing fees for deposits at NetBet, but withdrawals are different story. Players using e-wallets to deposit have to wager at least 20% of the funds to withdraw.

NetBet Withdrawal Times - PayPal Listed!

NetBet Withdrawal Method

NetBet Withdrawal Time

NetBet Withdrawal Limits

VISA / MasterCard*

4 – 8 days

£10 - £35,000

PayPal (UK)

Instant

£10 - £5,000

Skrill

Instant

£10 – no limit

Neteller

Instant

£10 – no limit

BitCoin by Neteller

2 – 4 days

£10-500

Trustly

4 – 12 days

£10 - £5,000

Wire Transfer

4 – 12 days

£10 – no limit

*Credit Card transactions are not available in the UK

NetBet's withdrawal times are pretty hit-or-miss, if we're being honest. A NetBet withdrawal can either happen instantaneously, or it could take ages, it seems. We're sure that they'll continue tweaking this as time goes on, but NetBet withdrawal times seem to be fantastic for e-wallet users, however, all other NetBet withdrawals seem a little too slow for what we come to expect in 2020.

NetBet Withdrawal Fees and Monthly Limit

This is where NetBet's withdrawals look a little less attractive than the table above would have you believe. for starters, your maximum monthly withdrawal limit is $/€/£100,000 without getting special permission from a customer support representative. This means that if you win big, you're going to have ask for permission to withdraw your winnings within the same calendar month.

That alone wouldn't be a big deal, but the withdrawal fees are what really gets under our skin. Any withdrawal equal to or over $/€/£500 is subject to a 1.5% withdrawal fee. This means that if you withdraw £100,000 after a big win, you're liable to pay a £1,500 withdrawal fee, on top of any fees that your payment provider or bank may apply. The people at NetBet weren't born yesterday either, making several withdrawals of £499 won't fool anyone. Their withdrawals page clearly states that if withdrawals are split across different payment methods or transactions they'll take your total withdrawal amount into consideration and apply the fee.

With so many other betting sites out there not charging any withdrawal fees, this one's a biggie for us, even if withdrawals under $/€/£500 are exempt from this fee.

Deposit Options

  • AstroPay AstroPay
  • Bank Transfer Bank Transfer
  • Bank Wire Bank Wire
  • ClickandBuy ClickandBuy
  • Diners Club Diners Club
  • eCard eCard
  • Entropay Entropay
  • Euteller Euteller
  • Giropay Giropay
  • iDeal iDeal
  • MasterCard MasterCard
  • Moneta.ru Moneta.ru
  • Neteller Neteller
  • Paypal Paypal
  • Paysafecard Paysafecard
  • QIWI Wallet QIWI Wallet
  • Skrill Skrill
  • Sofort Sofort
  • Trustly Trustly
  • Ukash Ukash
  • Visa Visa
  • Webmoney Webmoney

Withdrawal Options

  • Bank Transfer Bank Transfer
  • MasterCard MasterCard
  • Moneta.ru Moneta.ru
  • Neteller Neteller
  • Paypal Paypal
  • QIWI Wallet QIWI Wallet
  • Skrill Skrill
  • Visa Visa
  • Webmoney Webmoney

Accepted currencies

  • CAN - $
  • CHF - CHF
  • EUR - €
  • GBP - £
  • USD - $

Sports Betting in the NetBet Ecosystem

NetBet offers an in-depth platform to wager in more than 25,000+ sporting events a month. The platform is butter-smooth and scores well in overall navigation and presentation. Transactions are fast, and we experienced zero lag during our trials. Let’s check out the NetBet Sports betting features in details.

NetBet Unique Features 

  • Bet Maker: NetBet’s Bet Maker is designed to make your accumulators easy to use. You can now choose a variety of bet markets (like 1X2 Full Time, Total Goals, 1st/2nd Half, Corners, Goal Scorers, etc.) through a single window, and place your bets directly. You don’t need to add the selections to the bet slip, and you can directly bet with the bet maker feature through a single click.
  • SnapBet- The SnapBet feature of NetBet is for live football bettors. You can now bring in the time element into your bets and bet on the goal scored in the next 30 seconds, 1 minute, 5 minute, or 10 minutes interval. Once your team scores the goal, within your selected time-frame, you will win the bet. The Snap Bet Feature is only available in the NetBet Android and iOS Mobile App.
  • Add2Bet- Add2Bet is an interesting concept where you can edit/add new selections to your existing bets. Only Open Bets, with Cash Out feature, will be accepted for new additions. You can simply go to “My Bets” to modify your bet slip.
  • Net Bet Boosts- NetBet Boosts is a special feature that offers extended wins on select bet markets and bet types. NetBet Boosts bets are active 24x7 and offer increased odds on popular sports events. The NetBet Boosts feature can be used along with your accumulators and combi bets.

Net Bet Odds

NetBet offers all three types of odds; Decimal, American, and Fractional. This is a big plus as every type of player can find their betting niche. However, the overall quality of odds is a bit behind the industry average. The Betting Margin at NetBet is the range of 4-5%. Some of the odds are competitive, but most of them lag behind odds offered by other brands like BetFair and William Hills.

Some of the most popular Net Bet Odds are in the following sports:

  • NetBet Football
  • NetBet Horse Racing
  • NetBet Grey Hound Racing
  • NetBet Virtual Sports

Bet on Sports

  • American Football
  • Australian Rules Football
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • F1
  • Football
  • Golf
  • Hockey
  • Horse Racing
  • MMA
  • Rugby
  • Tennis

Betting tax

  • no betting tax

Casino games

  • Baccarat
  • Blackjack
  • Craps
  • Keno
  • Live Dealer Baccarat
  • Live Dealer Blackjack
  • Live Dealer Roulette
  • Progressive Slots
  • Roulette
  • Scratch Cards
  • Slots
  • Table Games
  • Video Poker

Betting on the Go: Mobile Betting with Android/ iOS App

The NetBet mobile app is available for download on Android and iOS platforms. There is no NetBet mobile app for Windows or Blackberry users.

The NetBet Android and iOS apps are easy to download and a great way to make instant bets. It has an amazing layout and comes loaded with functionality. You can not only place your bets, but also check/modify the bets, access customer support, and cash-outs using the app.   

Operating System

Android

iOS

Download Size

11  MB

2.7 MB

Minimum System Requirements

Android 2.3 or higher (Gingerbread)

iOS Version 6.0 (Sundance) or higher

Available From

Google Play Store

iOS App Store

NetBet Live Chat

Yes

Yes

In-Play Betting

The in-play betting offer is closely related to what's  going on at the given moment. However, even when the volume of events is low, speaking from an objective point of view, the NetBet offer can be disappointing. Sure, at high number of sporting events underway, it's hard to notice this, but when there are  not that many events, when compared to what other bookies have to offer, NetBet lags behind. Now, this is not a dealbreaker, but it could be, especially if you're into live betting. Punters who like to be part of the action should check out the similar betting sites listed below this NetBet review.

VIP Treatment for Loyal NetBetters

NetBet has a Player’s Club, which exclusively caters for loyal punters. The NetBet Player’s Club has five levels of VIP treatment, and entry for each level is determined by the number of NetPoints you carry. NetPoints can be earned by wagering real cash in casino games. The VIP club is currently limited to NetBet Casino players only. We do believe that NetBet will roll out the NetPoints benefits to its bookmaking players in the future.

NetBet Customer Support

NetBet provides customer support through docket-based answering services, telephonic support, and live chat. These can be accessed from the homepage by clicking on the Help Center tab. The docket-based query system is very effective and easy to use. You need to fill in your name, email, explain the nature of the problem you’re experiencing, and forward your query through the NetBet platform. You will get instant replies on most problems, while there may be some delay during peak hours.

For instant resolutions, you can contact the NetBet Customer Support Helpline, from 12:00 to 20:00 UK Time. The official NetBet helpline is +44 (0)20 3608 6024.

You can even initiate a Live Chat to solve your problems. This service is provided by answering service provider, Live Chat Inc.

Territories & Featured Markets – UK, Italy, Greece

NetBet has a rather narrow target audience. That being said, it’s not like most international online betting sites that “aim for the moon and end amongst the stars”. They’re going for the moon and they’re aiming pretty good. Customers from the UK, Italy and Greece have to be pointed out as some of the favorites of NetBet. This means, customers from a pretty long list of countries can’t join and can’t bet at NetBet. Besides the aforementioned three, NetBet its eyes on Romania and France.

  • Countries whose Residents CAN PLAY at NetBet: Italy, Romania, Greece, France and the United Kingdom.

Available Languages

  • English
  • French
  • German
  • Greek
  • Italian
  • Polish
  • Romanian
  • Russian
  • Spanish

Main Countries

  • Germany
  • Switzerland

Excluded countries

  • Belgium
  • Bulgaria
  • Cyprus
  • Estonia
  • France
  • Hong kong
  • Israel
  • Italy
  • Philippines
  • Portugal
  • Romania
  • Spain
  • Turkey
  • USA

Join NetBet for Odds on More than 25,000 Events

NetBet is a rising star and has the mojo to join the league of top bookmakers of Europe. It offers convenient features to personalize your bets to a considerable degree. It is also a great platform to place quick bets and cash out your winnings quickly. The variety of betting markets and bet types is another big plus for the platform. With more than 25,000 sporting events covered every month, under a single roof, you are sure to find your favorite sports to bet on. The NetBet Mobile experience raises the bar of bookmaking, by offering a convenient betting system. Overall, NetBet is a trustworthy bookmaker with several standout features.

Pros

  • PayPal Accepted
  • Variety of Betting Features that prove to be useful
  • Better than average welcome bonus offer
  • Site well optimized

Cons

  • The In-Play betting offer can be underwhelming at times.
  • Somewhat longer than average withdrawal times

FAQs

How long do PayPal withdrawals take at NetBet?

Up to 2 full days. The thing is, NetBet has a long pending period. If the transaction gets validated sooner, you will have your money our in just a few hours. Then again, it's our policy to state the longest withdrawal time that customer can deal with.

Are there any NetBet No Deposit Bonus Codes for Sports?

Unfortunately, this kind of offers are popular only among NetBet Casino players. For what it's worth, the free bet offers which you will receive are pretty much the equivalent. Of course, you will have to make a deposit and place a qualifying bet.

Do I have to download the NetBet App to bet on the go?

Not at all. You can use the NetBet mobile web app. It proved to be pretty well optimized.

Summary Table

NetBet Review Overview
Evaluation: 4.0
Number of Bonuses: 2
Number of Withdrawal Options: 9
Number of Deposit Options: 22
Number of Currencies: 5
Number of Languages: 9
Number of Sports: 15
Number of Casino Games: 13
Mobile Betting: Yes
Live Betting: Yes
Number of Excluded Countries: 14
Number of Licences: 2

Licensed by:

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