Neds Review & Promo Code 2026: Bonus bet up to $50

Quick Summary

Who is Neds?

Neds is an Australian online bookmaker owned by the same group as Ladbrokes Australia. Launched in 2017, Neds is licensed by the Northern Territory Racing Commission and operates under Australian gambling regulations. The brand targets both recreational punters and serious racing fans with a focus on simplicity: straightforward bonus bet offers, a highly rated app, and comprehensive horse racing and sports markets. Neds specialises in fixed odds and multis (same-race and same-day), and is known for competitive odds and regular racing promotions. The platform is 100% Australian-facing and does not offer international customers.

Founded 2017. Licensed by Northern Territory Racing Commission. Target market: Recreational and serious punters; strong appeal for horse racing and multis.

Neds Promo Code Details

Use promo code RACE50 when signing up to ensure you receive the bonus bet offer. Steps: 1) Click through from Race.com.au to Neds. 2) Complete registration and enter RACE50 in the promo code field if prompted. 3) Verify your identity (100 points ID). 4) Make your first deposit (min $10). 5) Place your first bet; if it loses, a bonus bet up to $50 will be credited. Bonus bets are subject to minimum odds (typically 1.50) and standard Neds terms. Offer is for new customers only, 18+, Australian residents. Promo codes and offers may change; check Neds website for current terms.

Horse Racing Features

Neds offers full fixed odds on every Australian thoroughbred meeting plus selected international racing. You can bet win, place, each-way, quinella, exacta, trifecta, first four, and same-race or cross-race multis. Best Tote or Best Tote + is often available on feature races. Live streaming is available for selected Australian and international meetings via the Neds app. Race-day promotions include money back if your horse runs 2nd or 3rd on selected races, bonus bet refunds on Group 1s, and odds boosts. Form and race cards are integrated so you can place informed bets quickly.

Betting Platform Review

The Neds mobile app is one of the highest-rated betting apps in Australia (iOS and Android), with fast load times and an intuitive race card view. The website is responsive and quick. Deposits are supported via credit/debit card, PayPal, POLi, bank transfer, and other methods; withdrawals typically process within 1–3 business days. Customer support is available via live chat and email; phone support hours may be limited. The bet slip is clear and same-race multi building is straightforward. Overall the platform suits both casual punters and regular racing fans.

Pros & Cons

How to Sign Up

1. Click the "Claim Neds Promo" button on this page to go to Neds.
2. Enter promo code RACE50 during registration if a field is shown.
3. Complete identity verification (100 points of ID as required in Australia).
4. Make your first deposit (minimum $10).
5. Place your first qualifying bet; if it loses, receive a bonus bet up to $50.

Neds vs other bookmakers

How Neds compares for bonus bets, horse racing coverage, odds and more. Scores out of 5.

Neds vs Competitors

Neds vs Sportsbet: Neds often has a simpler bonus bet sign-up (one bet, get bonus if it loses) and a highly rated app; Sportsbet has a larger brand and similar racing coverage. Neds vs TAB: TAB has unrivalled live streaming and tote; Neds can offer a stronger headline sign-up bonus and a more modern app. Neds vs Ladbrokes: Both are under the same group; Neds targets a younger demographic with a slicker app, while Ladbrokes emphasises money-back 2nd and 3rd and traditional odds. For horse racing, having both Neds and TAB accounts is a strong combination.

Frequently Asked Questions

Is Neds legal in Australia?

Yes. Neds is licensed by the Northern Territory Racing Commission and operates in compliance with Australian gambling laws. Only customers aged 18+ and located in Australia can open an account.

What is the current Neds promo code?

Use promo code RACE50 when signing up to access the bonus bet offer (bonus bet up to $50 if your first bet loses). Promo codes may change; check the Neds website or this page for the latest.

How long do Neds withdrawals take?

Neds typically processes withdrawals within 1–3 business days. PayPal and card refunds may be faster; bank transfers can take a few days. Verify your account to avoid delays.

Does Neds offer best tote?

Neds often offers Best Tote or Best Tote + on selected races, giving you the best of the three Australian totes or tote plus a percentage. Check the race market for availability.

Is there a Neds mobile app?

Yes. Neds has iOS and Android apps with full racing and sports betting, live streaming, and quick bet. The app is highly rated and supports promo code sign-up and bonus bet use.

Responsible Gambling

Race.com.au supports responsible gambling. If you or someone you know has a gambling problem, free support is available 24/7. Call Gambling Help on 1800 858 858 or visit gamblinghelponline.org.au. Set deposit limits, take breaks, and use self-exclusion tools if needed. Never chase losses. Our bookmaker reviews are for informational purposes; please bet within your means.

18+ Only. Gamble Responsibly. Think! About your choices. Call Gambling Help on 1800 858 858 or visit www.gamblinghelponline.org.au. T&Cs apply. gamblinghelponline.org.au. Call 1800 858 858 for 24/7 support. T&Cs apply to all offers.