• Large range of sports and betting markets
  • Quick slip feature to allow you to place a bet in a fast-paced manner
  • Neds’ Amazon Alexa Skill which allows you to use voice commands for racing events
  • Comprehensive horse racing section and daily racing promotions
  • 24/7 customer support
  • Website and mobile application very easy to use


  • High chance of your account being limited
  • Unavailability of NETELLER and SKRILL payment options
  • Lack of live streaming of Horse racing or sports events at the moment

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Review of the bookmaker Neds from Legalbet

Neds is relatively new on the Australian betting scene as it was founded only in 2017 by the former Ladbrokes CEO, Dean Shannon. This betting site has been launched in Australia and there were some plans for international expansion with a launch in the United Kingdom. However, Neds was sold to Ladbrokes in early 2019, meaning that now it belongs to GVC Australia Pty Ltd.

Neds is fully licensed by the Northern Territory Racing Commission and offers an extensive range of sports markets.

Odds - Poor

We calculated the margin for Neds by analyzing the odds they offer. We further ranked them in one of the following three categories:

From 1% to 5%: Low

From 5.01% to 7%: Normal

From 7.01% to 10%: High


We got our results by taking into account the odds for final result outcomes measured in line with the over / under for different soccer leagues. Getting the average results using this method, we were able to obtain the margins for each league and the overall betting margin for the bookmaker.

Neds has an overall average margin of 7.15% for soccer and falls in the high margins category. In the first section with Spanish La Liga and Seria A, the margin is at 7.01%. With Premier League and Championship, in the second section, the margin is at 5.81%. Finally, taking the Netherlands Eredivisie, Polish Ekstraklasa and Austrian Bundesliga into account, the margin is at 8.63%.

Bookmakers margin

Range of Sports and Markets - Good

Neds is an Australian based company which means their primary focus is on horse racing, football, rugby and cricket. The Australian sporting leagues are very popular as loads of punters love a bet on the AFL, NRL, Super Rugby, etc.

In terms of odds, Neds offers some of the best prices in Australia, including best boosts which can be applied to any horse racing bet. While you’re navigating on the platform you will find the Fluc Up tool which allows you to increase the odds of your fixed win bet on a horse race. This means that you can lock the highest price that is on offer if the odds shift from the price of your initial bet.

It’s obvious that horse racing is the most comprehensive section at Neds, but they are also focusing on popular sports such as soccer, tennis, cricket, rugby and American sports.

All the major European football leagues are covered, including the Premier League, La Liga, Bundesliga, Ligue 1, etc. You will find a complete list of fixtures for every major league, with over 40 betting markets for each of them.

Neds’ sports coverage is pretty impressive, as the existing customers can bet on the most popular sports and also on e-Sports, Darts, Snooker, etc. The sports section is very easy to navigate, providing you with links to all the big leagues and events.

The horse racing betting system available at Neds is definitely worth a try, with the punters being able to place bets on racing from all around the globe. Estimated Tote odds and fixed odds are both displayed for the horse races where these features are available. Flexi betting is also available, which allows the punters to bet on Quinella, Exacta, Trifecta, etc. Bet Boost is only available for Australian racing.

In conclusion, Neds is a serious player in the Australian online betting industry. Their betting markets are comprehensive, the odds are competitive and the horse racing section is delightful.

Updated: 18.04.2024

Information about the company

1300 006 337
8AM - 11PM
  • State/territory licensing authority:
    Northern Territory Racing Commission

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