Neds Bonus Bet (Australia): How It Works, Eligibility, and Rules

Neds is an Australian-licensed, mobile-first bookmaker built for racing-first punters and sports fans who value speed, clarity and control. Our platform focuses on depth of racing markets, intuitive betslips and responsible gambling features that put you in charge. From fixed odds to selected exotics and multis, the experience is designed to be fast, transparent and reliable across app and web.

What is a Bonus Bet?

A Neds Bonus Bet is a promotional betting stake credited to eligible customers for use on selected markets. It is not cash, cannot be withdrawn or transferred, and when it wins the stake is not returned—only the profit is paid. The term we use is Bonus Bet, not “free bet”, so the conditions are transparent and consistently presented in your account.

Eligibility and availability

Neds Bonus Bet availability is targeted and shown only to logged-in, identity-verified customers who meet offer criteria. Promotions may differ by state and territory due to regulations; for example, advertising of inducements is restricted in NSW, WA and SA. Receiving or viewing a message does not guarantee entitlement, and not all customers will receive an offer. You must be 18+ and have an active, verified account in good standing.

How to use a Bonus Bet

1. Log in on the Neds app or website and navigate to racing or sports.
2. Add an eligible selection to your betslip. Where available, a Bonus Bet toggle or balance will appear.
3. Select the applicable Neds Bonus Bet. If you have multiple, choose the one you wish to apply.
4. Confirm your bet. Expiry, minimum odds and any market or product exclusions are displayed before you place it. Features such as Cash Out or Edit Bet may be unavailable on Bonus Bets.

Bonus Bets generally expire after a stated timeframe shown in your account. If not used before the expiry date, they are removed. Minimum odds, single or multi eligibility, and product availability (including Same Game Multi) are governed by the terms shown at placement. Once placed, your Bonus Bet will appear in your open bets, and settlement will occur in line with the relevant market rules and timelines.

Settlement examples

• $50 Bonus Bet at 4.00 settles as $150 returned (profit only; $200 winnings less the $50 stake).
• $25 Neds Bonus Bet on a multi at combined odds of 3.60 settles as $65 returned (profit only).
• If a selection is voided, standard settlement rules apply. Where an entire bet is voided, the Neds Bonus Bet may be returned with its original expiry if still valid; if a leg in a multi is voided, odds may be adjusted and any return will continue to exclude the stake.

Responsible gambling tools

• Deposit limits you can set and edit at any time
• Time-outs and session reminders to manage betting frequency
• Self-exclusion with immediate account closure
• Detailed activity statements and safer gambling resources

FAQs

Where do I find my Bonus Bets?

Your available Neds Bonus Bet balance appears in your betslip on eligible markets and within your account promotions area.

Can I withdraw returns from a Bonus Bet?

Returns from a winning Bonus Bet are withdrawable once settled, subject to standard verification and banking time frames.

Can I split or combine Bonus Bets?

Some offers permit partial stakes or use in multis; others are single-use on one selection. The applicable rules are shown before you place the bet.

Support, verification and licensing

Need assistance or help with verification? Our team is available via the Neds Help Centre and customer support channels. Neds is operated by Entain Group Pty Ltd and is licensed by the Northern Territory Racing Commission. 18+ only. Gamble responsibly. For free and confidential support, contact Gambling Help on 1800 858 858 or visit gamblinghelponline.org.au.

Next steps

Log in to manage your account and view any eligible promotions, or download the Neds app for a fast, reliable mobile experience.