Discover Neds, a popular betting site in Australia. It has great facilities and opportunities for bettors, especially those who follow horse racing and have their own favourites.
Basic Information
Launched in 2017, Neds has quickly established itself as a trusted betting platform. The site is owned by Entain, a leading company in the gambling industry that also operates the popular Ladbrokes brand.
Neds has a huge selection of betting markets covering the most popular sports in Australia. You’ll find a wide range of sporting events including NRL, AFL, football, athletics, volleyball and golf. The platform offers a huge number of betting markets for each sport, including special promotions and offers. In addition, Neds supports cyber sports betting and offers different betting types such as Multi for added convenience and winning opportunities.
Key Features of Neds:
- Currency. All bets and transactions are in Australian dollars, making financial transactions easy for Australian users.
- Deposit Turnover. Neds has a deposit turnover requirement of 1x, which makes it easy to meet withdrawal requirements.
- Transaction fees. Neds does not charge transaction fees, which makes financial transactions on the platform more favourable and transparent.
- Real-time betting. The platform offers live betting, allowing you to bet on events as they happen. However, you will need to make a call to attend a live event.
- Maximum payout. The maximum payout depends on the terms of the particular event, but the minimum payout is $10,000.
Betting on Horse Racing on Neds: Key Information
Neds is a leading horse racing betting platform offering a wide range of options for horse racing enthusiasts. Here you will find comprehensive markets for all three types of horse racing: thoroughbreds, harness horses and greyhounds.
The Neds platform offers betting on Australian and international races, allowing users to follow events around the world. You can bet on various types of races including:
- Purebred horse racing: popular and exciting races that are easy to bet on.
- Harness Horses: a unique type of racing where horses pull a harness.
- Greyhound racing: fast and dynamic races that attract spectacle lovers.
Functions of Coefficients
Neds provides excellent horse racing odds features to help you get the most out of your bets:
- Best Tote or SP: You can choose between the best odds based on sweepstakes or starting odds.
- Fixed Odds: Fixed odds are available on a number of markets, ensuring stability and predictability of your winnings.
Variety of Bet Types
At Neds you can place different types of bets, including:
- Multiple odds to win Double, Treble, Quaddy and Super 6 for those who want to maximise their potential winnings.
- Winning/Place betting: normal betting on what place a horse will take.
- Exotics: includes Quinella, Exacta, Trifecta and First Four, for more challenging and potentially more lucrative bets.
- Futures: betting on long-term events both in Australia and internationally.
- Place cards: similar to quaddies, but focus on specific places.
- Jockey Challenge: betting on the results of a race involving a particular jockey.
- Multi Bets: include Same Race Multi, Split Multi and Mixed Multi to create unique bets.
Advertising Markets
Neds also offers promotional marques which can include various promotions and bonus offers for horse racing betting.
Read also about Boombet.
Coefficients
The Neds betting site uses decimal fractions to display odds, making it easier to understand the potential profit from bets.
Odds in decimal format show how much you will receive for each unit of your bet. For example, if the odds are 3.00, then for every $1 invested, you will receive $3 in winnings (including your original bet). So, to calculate your potential winnings, multiply your bet size by the odds.
Neds offers exclusive and excellent fixed odds, which are often linked to promotions and special offers. Exclusive odds may be available as part of various promotions and bonuses, allowing you to get more favourable terms for betting on certain events.
Fixed odds remain unchanged throughout the time until the event is completed.
Map of Neds
The Neds card is a convenient financial tool designed to make it easy to access and use your winnings. With the Neds card, you can instantly access your winnings and use the money to make transactions such as shopping or paying for services.
Once you have won on the Neds platform, you can transfer your winnings to your Neds card.
The Neds card is not a credit card, so you don’t have to worry about interest or additional charges associated with using credit.
Live Betting on Neds
Under current Australian laws, live betting on sporting events over the internet is prohibited. However, you can place online bets over the phone. This allows you to participate in betting on the go, even if you cannot physically attend the event.
Advantages and Disadvantages of Neds
Benefits:
- A convenient and intuitive betting app that allows you to bet and manage your funds anytime, anywhere.
- Regular promotions and bonus offers that make betting more profitable and interesting.
- A variety of features including exclusive and fixed odds, live betting and many bet types.
- The ability to place bets as events unfold, giving you the flexibility and ability to adapt to changing conditions.
- High-quality customer support, ready to help with any questions or concerns.
- Fast processing of transactions and payments, which provides convenience and efficiency in working with the platform.
Disadvantages:
- There is no live event streaming feature on the platform.
- Compared to some competitors, Neds does not offer a sports streaming feature.
- The platform may have restrictions for users who regularly win large sums of money.