An introduction to Netbet Sports Betting
Those amongst you who are experienced matched bettors will be aware of the fact that Netbet used to be regarded as a bookie to be wary of. There were basically two reasons for this.
Firstly, the Netbet contact was more or less non-existent, live chat was never working and if you sent an email asking for support, you would be lucky if you received a reply within the week, if at all!
As for the Netbet customer service number, you could forget about that.
Secondly, and even though this sounds quite bizarre, the bonuses that they offered were too good to be true.
They would offer a large Netbet bonus code (50% bonus for a £500 deposit) on an almost weekly basis and as this is usually the sign of a bookie with cash flow problems (they need cash pumped into their business) only the high rollers got involved and even they knew that this could be the last they would see of their money because all of the tell-tale signs were in place which indicated Netbet UK was a bookie that was about to go bust.
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- Netbet live chat
- Wide range of deposit options
- Live Betting Available
- Android App
- Regulated by UKGC
- Minimum deposit: £5
Quite amazingly though, they didn’t go bust, they paid out everyone who took advantage of their generous bonus reload offers and they have since gone from strength to strength.
Formed back in 2001 they are now regarded as one of the older sportsbooks in this highly competitive industry so it would be fair to say that they now know how to run a sportsbook and they know exactly what their customers want.
Make no mistake, they are nowhere near the level of bookie as Bet365, but don’t let that put you off from opening an account with them because they are a very good bookie to have an account with due to the odds and the promotions which they offer.
Netbet meets all of the licencing requirements
Netbet UK are fully regulated by the UK Gambling Commision so they meet all of the necessary requirements which to be honest, most bookies do in this day and age but perhaps the biggest indication of how Netbet have turned their business around is their attitude to responsible gambling.
Most punters who have been around the block a few times will probably agree that responsible gambling wasn’t exactly high on the agenda for Netbet, but along with most other aspects of Netbet, they seem to have turned this around completely.
They now put a great deal of importance on player responsibility and this is always a wonderful sign as to how reputable a sportsbook really is.
Netbet now have procedures in place to help anyone who is experiencing problems with their gambling activities so hats off to them for going above and beyond the standards which are required regarding this problem.
The Netbet sign up offer
The Netbet welcome offer is very good and it is bonuses like this which are regarded as the bread and butter for matched bettors.
The Netbet welcome offer is a nice and simple £25 matched bet and when you compare this Netbet sign up offer to many of the £10 welcome bonuses out there, it has to be regarded as easy money.
The terms and conditions relating to the Netbet sign up offer are simple and straightforward.
All you need to do is place your first bet of on a selection with minimum odds of ½ and when the bet has been settled, you will receive a matched bet of up to £25.
Deposits made with Neteller, Skrill and PayPal do not qualify for this Netbet sign up offer and the bonus is stake not returned (SNR)
The best way to describe the stake not returned Netbet bonus code is to give an example.
If you use your £25 bonus on a 5/1 selection which goes on to win, you will receive a return of £125 instead of the £150 you would receive if you were betting with your own money (the profit of £125 would be exactly the same though)
The Netbet markets
The choice of betting markets which are available at Netbet will be more than enough for most punters, but if you are interested in betting on the minor football leagues in countries like Russia and Argentina, you would be advised to do business with bookies such as Bet365 because they comprehensively cover every sport that you can think of.
Netbet cover all of the major sports such as football and horse racing as well as some of the less popular sports such as esports.
The coverage of horse racing has improved greatly over the past few years and all of the sports that are covered are covered very well indeed.
When you look closely at Netbet and their football markets in particular, it is far better that they cover the top leagues well as opposed to covering every league half-heartedly.
They cover the betting markets in exactly the right way and you will see that if you open an account with Netbet.
When it comes to placing a bet with Netbet co UK, as you might expect it is all very simple.
All you need to do is click on the odds and the selection will be placed in the betting slip which can be found in the top right-hand corner of the website.
If you add more selections you will be given the option of either placing single or multiple bets and the good thing about Netbet is that you will instantly see the maximum stakes that you will be allowed to place.
The Netbet odds
The odds on offer with Netbet co UK are not all that good to be honest with you.
If you have ever tried to manually match out a Netbet bonus with a betting exchange you will know that it can be quite time consuming due to the fact that there is usually quite a big difference between the Netbet and the betting exchange odds and not in a good way.
It is difficult to give an average percentage of the Netbet odds but it would be fair to say that they are at least a couple of points lower than some of the other market leading sportsbooks.
Netbet live betting
The live betting at Netbet can be accessed by clicking on the ‘In Play’ tab which can be found towards the top left-hand corner of the website.
This section of the website will be adequate for most punters with the selection of live betting markets being quite comprehensive.
When you access this section of Netbet, you will see the in-play events which are taking place at that time and the future in play events can be viewed by sport at the top of the in-play page.
There are no stats on offer or anything like that so you will have to look elsewhere if you are looking for live indicators which will help you choose your betting selections.
What about live streaming at Netbet?
At the time of writing, Netbet doesn’t offer any kind of live streaming which will obviously a be a disappointment to some punters but as always, the advice if this is a big deal for you is to open an account with the likes of William Hill or Coral and watch their live streaming instead.
Cash out with Netbet
Netbet do offer a cash out facility and this can be accessed in your bet slip where you will see an ‘open bets’ tab.
Cash out is only available on the main betting markets and what most people don’t realise when they are looking to cash out bets with a sportsbook, the sportsbook can suspend cash out at any time.
The cash out is usually suspended if there is a goal or a penalty but it is not unusual to find the cash out button greyed out for no reason at all apart from the fact that the bookie has decided to do so.
Is cash out available and on which markets, how beneficial is it, how can it be used on mobile.
Netbet mobile options
- Intuitive design
- Ease of access
- Live bets
- Native Android app
- No iOS app
It is sometimes disappointing when sportsbooks make a big deal of the fact that they have mobile apps when in fact the apps that they do have are focused on their casino or poker sites.
If you search on the IOS app store you will find that this is the case with Netbet as the only IOS apps they have are for Netbet slots and poker.
There is an app available in Android and to be fair, it is very good.
The alternative for IOS users is to simply use your web browser to access the Netbet website and this will do the job for those punters who like to bet when they are out and about but hopefully, Netbet will introduce an IOS app in the near future.
The mobile version of Netbet operates in exactly the same way as the desktop version of the website and uses the same wallet so you will have no problems in finding and placing your bets.
Depositing and withdrawing from your Netbet account
As in common with many other continental sportsbooks, Netbet offers a wide range of deposit options apart from the usual Visa/Mastercard, web wallets such as Skrill, Neteller and PayPal and bank transfers.
Several of the deposit options listed will not apply to UK punters but Netbet are one of the few sportsbooks to accept deposits by Bitcoin.
It is widely considered within the online gambling industry that within a couple of years, every sportsbook will be accepting deposits by Bitcoin and various other Cryptocurrencies so it just goes to show that Netbet are ahead of the game regarding depositing methods.
|Netbet Banking Options|
|Football, Tennis, Ice Hockey, etc.||£10||3-5 Working Days|
If you are planning to make a deposit into your Netbet account with Bitcoin, be aware that the price is extremely volatile and you could end up losing money even if your bets win. (you could also end up withdrawing more than you deposited if your bets lost!)
When it comes to the deposits and withdrawal limits at Netbet, the minimum deposit and withdrawal amount is £10 whilst the maximum is dependent on which method you are using.
Netbet bet limits
You would probably think that a sportsbook like Netbet would be quick to limit the size of the bets that you make but they are surprisingly lenient.
Just like the old days when they were happy to offer bonuses on a regular basis, it now seems that they are more than happy to accept larger bets.
It helps them in that their odds are not exactly ground breaking and they could obviously limit you at any time but it is good to know that Netbet are a sportsbook that will usually allow you to place decent sized bets.
Opening an account with Netbet
If after reading this Netbet review you can see the advantages of having a Netbet account you will be pleased to know that it is a piece of cake to open an account.
Just click on the green ‘Register’ button which can be found at the top right-hand corner of the website.
Follow the steps required to fil in your details but make sure that you have scans of your personal id ready because Netbet will ask you to confirm who you are by sending a KYC request.
Don’t be one of those people who gets offended when they receive one of these requests and come to the conclusion that Netbet are ‘trying it on’ with you.
Nothing could be further from the truth because these checks are carried out to protect you as much as the bookmaker.
Placing a bet with Netbet
We have already spoken about how to place a bet with Netbet but all you have to do is navigate to the sport you would like to bet on from the list on the left-hand side of the website.
From there, look for the market within that sport that interests you and then the event.
If the odds appeal to you, click on those odds and your selection will be placed directly into your betting slip.
From the betting slip you will include the stake that you would like to bet with and then click on the place bet button.
You place pre-match and live bets in this away but be aware that if you are placing a live bet there will be a time delay of ten seconds before your bet is accepted.
Ongoing Netbet promotions
Whilst Netbet don’t offer as many reload offers as they once did, they still have ongoing promotions in place that are worth taking advantage of.
They have what are known as Netboosts which enhance the odds of certain selections as well as various promotions which are applicable to certain golf tournaments.
They often have acca insurance offers in place as well as lots of Netbet live casino offers.
Be careful with Netbet live casino though because they often have huge wager requirements associated to them.
They also offer promotions that are certain specific events with the Netbet Mayweather promotion springing to mind.
Netbet customer care
The Netbet customer support is not the best in the business, they are sometime slow to respond but when they do, any problems are usually sorted out quickly and professionally and the Netbet live chat operators are friendly enough.
The Netbet contact options are email, Netbet customer service number and Netbet live chat.
Is your Netbet account secure
No worries at all regarding your account being safe and secure.
The Netbet sportsbook has full SSL encryption and they comply with all of their obligations in terms of responsible gambling and self-exclusion options which can be found in the ‘help’ section of the website.
Should you open a Netbet account?
There can’t be many examples of a sportsbook which has turned it business around in the same way that Netbet has.
If you looked on the online gambling forums and Facebook groups around five years ago you would have got the impression that Netbet was a rogue sportsbook which would soon be going out of business.
Now though, the story is completely different.
Netbet are a trusted sportsbook who should definitely have an account with.
They seem happy to accept larger bets, the Netbet welcome offer is very good as are the regular ongoing promotions that the offer their customers.
The range of markets is more than enough for most punters and as long as you don’t abuse their generosity, the chances are that you will be able to use your account to hopefully make a decent profit over the months and years ahead without having any restrictions put on the size of your bets.
So, to sum up, even if you are just opening a Netbet account to take advantage of the Netbet sign up bonus, it is an account that you really should have because it is superior to quite a few of the other sportsbooks on the market.