After launching in , Betway quickly became one of the biggest online betting sites in the world. Today, Betway has over 2 million global players, and a huge variety of world and New Zealand sports including rugby, horse racing, cricket, and more. LeoVegas is well known for its top-notch online casino but its online sportsbook is also one of the best out there. As a relatively new player in the bookie game , LeoVegas has gone from strength to strength and is widely regarded as the best mobile sportsbook.
LeoVegas offers plenty of NZ sports betting options and with functional, engaging graphics, good customer support and competitive odds we rate LeoVegas highly. Overall, the breadth of markets offered by 22bet beats almost every other betting site with their Esports, TV and entertainment markets being especially strong. Guts may not be a household name in New Zealand yet but their sports betting website is one of our favourites.
We think Guts' live-betting feature and cash out options are great and we've found that their sports odds are often much better than the TAB's. Guts' design is also unique and we really appreciate how clean and easy it is to use. TAB stands for Totaliser Agency Board and is the name that was given to Australia and New Zealand's betting or totalisator organisations when they were set up by the government.
No, but kind of. There is no single answer to this question as all of the sites that we review have their own strengths and weaknesses. However, we can say confidently that the TAB has some of the worst odds available. We think that Bet , Betway and sport have great odds, especially when you consider their boosts, multiples and other promotional offers. Guts and LeoVegas are also great options for football and Esports betting respectively.
Only sometimes. The TAB provides lots of racing odds for New Zealand racing fields but these aren't always the best odds available. We have found that some of the best horse racing betting sites like Bet and sport often have better odds for NZ races. Both of these bookies also offer best price guarantees for UK and Irish racing markets and have live streaming options available for Kiwi punters. Bet has the widest range of sports markets available for Kiwi players. The next best-betting sites in terms of NZ and world-sports offerings are Betway and sport followed by LeoVegas and Guts.
The TAB also has a lot of sports markets but it can't compete with these big international players. The TAB has a mobile app that can be downloaded from the App Store or from the Google Play store but after trying all of the NZ betting site apps available we actually prefer some of the others. The LeoVegas app is particularly good, and it has won multiple awards. Bet also has a great app which is perfect for live streaming NZ and international sports matches.
New Zealand's Gambling Act allows New Zealander's to bet and gamble online with any of the betting sites that we recommend. These sites have millions of worldwide customers and are completely safe to use. In this article we'll help you find the best new betting sites available in New Zealand! Above we have listed some of the top alternative betting sites to the TAB. The TAB has been around since following a law change that allowed off-course betting in NZ. At this time, the TAB was the world's first governemnet-run totalisator wagering service.
Since then the TAB has grown from being a solely racing betting organization to offering thousands of NZ and international bets every day from 31 different sports. When it come to online betting, the TAB faces tough competition from offshore sports betting websites and betting apps.
One of the cool things about the TAB, like Lotto and Instant Kiwi, is that some of the money that you lose goes to supporting grassroots NZ sports and racing. So, in a sense, when you lose with the TAB you are helping young Kiwi athletes.
The TAB began as a racing betting agency and this focus has stuck with them today. The TAB has a huge market share in NZ which means that its odds are often not as good as some other racing betting sites , especially sport , Bet and LeoVegas which all offer best price guarantees for UK and Irish horse racing.
The TAB has a lot of customers in NZ but compared to some of the big sports betting companies out there they have very few customers. This means that their odds are often pretty poor as they just can't compete with the big-name bookies. The TAB's bad odds mean that your payouts and winnings are smaller with the TAB than they would be with other sportsbooks.
The TAB also can't compete with the range of sports offered by some of the popular sports betting sites that we recommend. Other sites have more sports , more countries , and more bets for specific sports than the TAB does. This means that multipliers and bets that you build are limited with the TAB and you have to stick to f ewer betting options. When you consider the range of payment methods that some of the bookmakers that we review offer, you see that the TAB falls short. All of the sites that we review have no deposit and withdrawal fees and common payment methods include Visa Card, Master Card, Neteller, Skrill, PaySafe card, Poli and plenty more.
The TAB is the most recognizable name for New Zealand sports betting and racing betting however we have found that the TAB falls short in many areas compared to offshore betting sites. For better odds , more sports markets , additional payments options , superior mobile apps and more generous bonuses check out some of the other online betting companies that we recommend on MyBettingSites NZ.
There are 69 thoroughbred gallops clubs, 51 harness trotting and pacing clubs and 12 greyhound clubs that are licensed to race in New Zealand and there are over 10, individual races each year. Horse racing bets vary and there are plenty of slang terms which can be confusing to new punters. With Fixed odds , or Final Field odds , the odds that you get when you place your bet will be the odds that any of your winnings are multiplied by at the end of the race.
Tote betting odds change right up until the moment before the race. TAB NZ is focused on maximising profits for the benefit of the New Zealand racing industry whilst having a strong regard for gambling harm minimisation. TAB NZ will be required to apply to the Gambling Commission when intending to change or create betting rules, requiring harm minimisation to be prioritised in any application.
The Act brings in several changes to the collection of offshore charges. The Point of Consumption charges have been changed to more closely align with GST on offshore services. The Act empowers the three racing codes to effectively govern their respective industries which consist of racing clubs and venues. The Act establishes the Racing Integrity Board, responsible for all integrity functions, and oversees an investigative arm and an adjudicative arm that operate independently of each other.
These arrangements are based on recommendations from a report by Mr Malcom Burgess MZNM which emphasised the need for an independent integrity body. The Act introduced a suite of changes to resolve historic property issues that have stymied the recovery of the industry and creates a legislative framework to enable property to better benefit the racing industry while making considerations for community input and interest in the venue.
RITA managed the transition and day-to-day operations of the industry until the end of the transition period created by the Act. The Act introduced two offshore charges, an information use charge and a point of consumption charge. These charges aim to ensure that overseas betting operators contribute to New Zealand racing and sports codes from which they benefit.
The Act allowed betting on sports not currently represented by a qualifying domestic national sporting organisation and places the formula for calculating payments to racing codes and sporting organisations into regulations. The totalisator duty betting levy , which was paid to the Crown, was phased out by the Act over three years and the funds instead reinvested with the racing and sport sectors.
A proportion of these funds are also set aside for industry-led gambling harm minimisation initiatives. The Racing Integrity Board will be established as the body responsible for compliance and adjudicative functions of the racing rules set out by the three racing codes. TAB NZ has responsibility for ensuring that it maximises profits for the long-term benefit of the racing industry and returns to New Zealand sports.
These objectives are subject to TAB NZ ensuring that risks of problem and underage gambling are minimised. TAB NZ provides on-course services to licensed racing clubs off-course betting, including for sports, is available through retail outlets and online.
A portion of proceeds from sports betting are funnelled back to sporting organisations to help fund their growth and development while a portion of betting profits is channelled back into the racing industry. The RIB will replace the Judicial Control Authority as the body responsible for ensuring compliance with high standards of animal welfare, integrity, and professionalism within the industry.
The RIB will carry out both compliance and adjudication functions with responsibility for ensuring race day compliance with relevant code racing rules and appointing adjudicative committees to hear matters in accordance with racing rules.
Other sites have more sports , more countries , and more bets for specific sports than the TAB does. This means that multipliers and bets that you build are limited with the TAB and you have to stick to f ewer betting options. When you consider the range of payment methods that some of the bookmakers that we review offer, you see that the TAB falls short. All of the sites that we review have no deposit and withdrawal fees and common payment methods include Visa Card, Master Card, Neteller, Skrill, PaySafe card, Poli and plenty more.
The TAB is the most recognizable name for New Zealand sports betting and racing betting however we have found that the TAB falls short in many areas compared to offshore betting sites. For better odds , more sports markets , additional payments options , superior mobile apps and more generous bonuses check out some of the other online betting companies that we recommend on MyBettingSites NZ. There are 69 thoroughbred gallops clubs, 51 harness trotting and pacing clubs and 12 greyhound clubs that are licensed to race in New Zealand and there are over 10, individual races each year.
Horse racing bets vary and there are plenty of slang terms which can be confusing to new punters. With Fixed odds , or Final Field odds , the odds that you get when you place your bet will be the odds that any of your winnings are multiplied by at the end of the race.
Tote betting odds change right up until the moment before the race. With tote betting, everyone's money goes into a pool and at the end of the race, only the winning selections are paid out from the pool of money. This means popular horses will return less while unpopular horses will return more.
The TAB offers Kiwis a lot of sports markets to bet on but for each match, there are often a lot fewer options than other betting sports betting sites offer. Betway and Bet are both excellent alternative betting sites to the TAB. Both Betway and Bet also offer plenty of specials and promotions like money back bets , increased odds offers, early payout bonuses and free bets.
The All Blacks have the highest winning percentage The default odds displayed on the TAB site are decimal odds. Some American odds are also displayed. In general, we have found that the TAB's odds are some of the worst available on the internet. This is largely because they can't compete with big international sports betting sites that have many more customers and are much more profitable.
Maximising your odds means maximising your winnings and increasing your payouts. That is why it's so important to choose a bookmaker with the best odds. For example, let's say that the TAB was offering 8. To calculate your payout from a bet using decimal odds you need to multiply your bet amount by the decimal odds amount.
To calculate your profit, simply take your total winning payout amount and subtract your bet amount. To calculate your winnings from a bet using fractional odds you need to multiply your bet amount by the top number on the fractional odds amount and then divide that by the bottom number on the fractional odds amount.
New Customers from New Zealand only. Min Deposit: 20 NZD. First deposit matched up to 60 NZD. Credit Card and Debit Card deposits only. New customers only. Wagering 5x on bonus amount within 7 days on accumulator bets with min 3 selections each. Wagering 5x on bonus amount within 30 days.
System bets not eligible. New NZ customers only. Qualifying bets must be placed at odds of 2. Paid as bonus token with min 1. Wagering 40x on bonus amount within 30 days. Bonus max. Due to Australian betting regulations, sign-up offers and other bonuses that are available cannot be displayed online.
It can be used on both Apple and Android devices. The TAB app is pretty good and like all of our favourite NZ sports betting apps it has live streaming capabilities, cashout options and live betting. When we compare the TAB app with other betting apps , like the LeoVegas sports betting app or the Bet betting app we think it falls a little short.
This is because both LeoVeags and Bet designed their betting sites with a mobile-first approach. This means that their betting apps do not only look good, but they are easy to navigate, intuitive and simple. Most importantly, these other sites had better odds, bonuses, live-streaming options and just more bets in general. After switching over, I haven't looked back. We are an independent review website that compares New Zealand's best betting companies. Our aim is to help Kiwi punters find great bookies and awesome betting bonuses.
All of the betting sites that we evaluate have great global reputations and are legal for New Zealanders to use according to the Gambling Act Get in touch to find out more! It prohibits most forms of gambling. Part II, Sup part 2, Section 9 states:. The Gambling Act also forbids any expansion of gambling beyond what was active in This includes the expansion of existing and addition of new casinos and is believed to cover gaming over the Internet if the activity is not specifically authorized.
The Gambling Act also banned the issuing of credit to gamblers. The Gambling Act restricts companies operating on New Zealand soil from accepting players from the country on prohibited games. Online poker and casino games are the two main segments this covers as sports betting and racing are administered by the racing board. This part of the Gambling Act forbids the advertisement of offshore gaming sites. It also covers marketing affiliates that promote gambling sites that are not located in New Zealand.
That means a person or company promoting online poker and casino games in New Zealand, if located in the country, is considered a crime. The suit alleged that PokerStars was being promoted for real money gaming. Rational Group was using the PokerStars. That is a play money poker site.
No real money games are available at that website. Those are found at PokerStars. This meant that Rational Group was not in violation of the Gambling Act. TAB operates the only one within New Zealand.
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