Sports Betting in New Zealand 2020
Sports betting is the wagering on sports results based on predictions. This betting activity is common in horse racing and sports such as rugby, tennis, cricket, golf and hockey. Bettors can place wagers on sports matches as well as tournaments. Moreover, online sports betting even allows Kiwis to bet on non-athletic events such as television competitions and political elections.
Online Sports Betting in New Zealand
Online sports betting sites in New Zealand are monopolised by the New Zealand Racing Board. Companies from other countries are not permitted to operate within the market. But, Kiwi gamblers can access international sports betting sites which operate under another jurisdiction. At these online gambling sites, Kiwis still get to play in the New Zealand Dollar (NZD). The best sportsbooks on the internet offer punters a variety of games and events to bet on including games played in Commonwealth Nations.
Finding the Best Sports Betting Sites
New Zealand punters have so many options to choose from in online sports betting. Before any bets can be placed, the player needs to find an online sportsbook first. It is important for Kiwi gamblers to consider the best online bookmakers. These usually consist of many of the popular sports betting websites. By doing this, they can be sure that they are playing at a trusted and reputable site that will treat them fairly. Below are some things punters can consider and compare when choosing an online sports betting site.
New Zealanders need to ensure that their chosen online bookmaker is certified and regulated. By doing this, the player ensures their own safety as the site should comply with industry standards. Online gambling sites which comply with regulations will treat their players fairly, offer security by having data encryption and more.
Gamblers who want to wager from their mobile devices can check whether the sportsbook supports their device’s operating system (Android, iPhone, Blackberry, Windows, etc.)
Sports Betting Bonuses
Kiwis can look at the types and sizes of bonuses that sportsbooks offer (for example, comparing sign up bonus sizes). When looking at bonuses, gamblers should also take into consideration the terms of the wagering requirements.
In Play Betting
In play wagering allows punters to place their bets after the game or events have started. Players can benefit from this option as their bet will be based on what is happening, which is likely to affect the outcome. Many sports betting sites in New Zealand even have a live stream of the game or event, making it easier for gamblers to watch and bet.
Deposits and withdrawals at the online sportsbook are made easy by different banking options such as credit cards, debit cards and e-wallets. Gamblers need to check whether their preferred options are available. Deposit methods are not necessarily viable withdrawal methods. So, gamblers need to look at that as well.
Online Betting Options NZ
Punters wagering in the New Zealand Dollar (NZD) have many betting options to choose from. Choosing bets will not only depend on the type of game, but also on the bookmaker. The selection of bet types is usually the same or similar for each sport across online betting sites. But it is still important for gamblers to double check. The odds of the same type of bet, on the same game, might not be identical. So, this is another vital aspect for punters to consider before choosing an online sportsbook.
Benefits of Online Sports Betting
The many New Zealanders who do bet on sports online do so because they benefit from it. In addition to sports betting being a hobby of many Kiwis, there are more advantages of betting on sports online. Below are some benefits of online sports betting.
- Being able to bet in play may increase gamblers’ chances of winning.
- In sports, if punters’ have a good understanding and overall knowledge of the teams or opponents, they are likely to win their bets.
- Betting online means that gamblers do not have to make a trip to a land-based bookmaker, meaning that they save on travel
- Punters can place their wagers from anywhere using mobile devices.
Online Sports Betting FAQs
Is online sports betting safe?
Yes, as long as bettors go for licensed and regulated betting sites which are trusted and reputable.
Can I win real money from online sports betting?
Yes. When putting real money at stake, online sports bettors stand to win real money.
Which types of sports can I bet on online?
Kiwis can bet on just about any sport. From rugby, tennis, cricket, hockey, boxing, soccer and more, it is all available at internet sportsbooks. So, gamblers need to check which selections of sports betting games their preferred bookmaker offers. Horse racing is also a very popular online sports betting game. Punters can also place wagers on other things such as television shows, politics, economics and weather.
What kind of bonuses can I expect?
As a new player at an online bookmaker, New Zealanders are welcomed with a sign-up bonus. Online sportsbooks also offer ongoing promotional bonuses to their regular players.
Is sports betting an activity for sports experts?
No. Although sports experts are likely to do well in sports betting, anyone that is of legal age can bet on sports.
Which are the best bets to make?
There is no one size fits all in bet types. Bets differ from one sport to the next and from one sportsbook to the next. Even a bet which is the same and for the same sport, but across different sportsbooks can have different odds. So, it is important for bettors to know the meaning of bets and how they apply to the game they are betting on. Once they have a good understanding of the different types of bets and the sport, it will be easier to choose bets.
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