Top 5 Bookmakers in New Zealand with the Best Odds

bookmakers in new zealand
Top 5 Bookmakers in New Zealand with Best Odds

The online betting industry in New Zealand is one of the most popular and reliable worldwide. With increased public interest in rugby and association football, New Zealand online betting has become an entertaining, customer-focused experience.

Here are the Top 5 Bookmakers in NZ with a Chance to Win.

We at onlinepokiesnz.com have been continually reviewing, testing, and sifting through dozens of bookies in the legal market.

Casino/BookmakerYear of EstablishmentSoftwareBonusGamesLicense
Betway NZ2006OpenBet, SBTechUp to $60 free betsSports betting, Casino, EsportsMalta Gaming Authority, UK Gambling Commission
TAB NZ1981ProprietaryNZ$50 In Bonus Bets On First DepositSports betting, RacingNew Zealand Racing Board
Bet365 NZ1974ProprietaryUp to $100 in Bet CreditsSports betting, Casino, Poker, BingoMalta Gaming Authority, UK Gambling Commission
Paddy Power1988OpenBet, IGT, PlaytechUp to $10 in Free BetsSports betting, Casino, Virtual SportsMalta Gaming Authority, UK Gambling Commission
22BET NZ2017SoftSwiss100% deposit bonus of up to 200 NZDSports betting, Casino, EsportsCuraçao eGaming

New Zealand’s Top Bookmakers

This country has many betting sites with both minor and major sporting events.

Most of these online bookies that Kiwis wager with are licensed in Australia and have a good reputation.

The various sites where New Zealanders can place wagers include

  • Betway NZ
  • TAB NZ
  • Bet365 NZ
  • Paddy Power
  • 22BET NZ

Top 5 Sports Betting Sites in NZ

1. Betway NZ

Bet on Rugby Online - Betway New Zealand
Bet on Rugby Online – Betway New Zealand

Betway NZ is a top-tier online bookmaker catering to the needs of Kiwi punters.

With a wide betting market, including popular New Zealand sports and international events, there’s something for every bettor.

Betway offers competitive odds, ensuring value for your bets.

FeatureDescription
LicenseMalta Gaming Authority
GamesExtensive (Sports, Casino games)
Established On2006
Welcome BonusUp to $1,000 (Varies by product)
SoftwareMicrogaming, NetEnt, Playtech, Evolution Gaming (and more)
BankingVisa, Mastercard, POLi, PaysafeCard, ecoPayz, bank transfer (and more)

2. TAB NZ

Tab New Zealand
Tab New Zealand

TAB NZ is a locally operated bookmaker serving New Zealand’s betting enthusiasts.

It offers an extensive range of betting markets like local and international sports, racing, and more.

Regular promotions and bonuses add value to its offerings.

The user-friendly website and mobile app are tailored to the Kiwi audience., making betting simple and enjoyable for players across New Zealand.

FeatureDescription
LicenseNew Zealand Racing Board
GamesHorse racing, harness racing, greyhound racing, sports betting (limited compared to other operators)
Established On2020
Welcome BonusNo welcome bonus offered
SoftwareProprietary platform
BankingVisa, Mastercard, debit cards, bank transfers

3. Bet365 NZ

Bet365 NZ
Bet365 NZ

Bet365 is yet another online bookmaker with a strong presence in New Zealand.

Promotions and bonuses enhance the overall experience, while the user-friendly interface and mobile app ensure seamlessness.

LicenseMalta Gaming Authority
GamesExtensive (Sports betting, horse racing, greyhound racing, esports, virtual sports, casino)
Established On1974
Welcome BonusUp to $100 in Bet Credits
SoftwareProprietary platform
BankingVisa, Mastercard, Maestro, POLi, PaysafeCard, Skrill, Neteller, bank transfer (and more)

4. Paddy Power

Paddy Power
Paddy Power

Paddy Power is one of the giants of sports betting.

Paddy Power is a reputable bookmaker, a new player in the New Zealand market.

It offers a range of betting options with promotions and bonuses.

FeatureDescription
LicenseMalta Gaming Authority
GamesExtensive (Sports betting, horse racing, greyhound racing, virtual sports, casino games)
Established On1988
Welcome BonusUp to $50 in Bonus Bets
SoftwareProprietary platform
BankingVisa, Mastercard, Maestro, PayPal, PaysafeCard, Skrill, Neteller, bank transfer (and more)

5. 22Bet NZ

22Bet Sportsbetting
22Bet Sportsbetting

In New Zealand, 22Bet stands out as a highly trusted bookmaker known for its extensive offerings of bonuses and promotions.

FeatureDescription
LicenseCuraçao
Games40+ Extensive (Sports betting, esports, virtual sports, casino)
Established On2018
Welcome Bonus100% match bonus up to $250
Software1×2 Network, BetSoft, Quickspin, Playtech, Evolution Gaming (and more)
BankingVisa, Mastercard, Maestro, Bitcoin, Ethereum, Litecoin, Dogecoin, Skrill, Neteller, PaysafeCard, ecoPayz, bank transfer (and more)

Related read – Top 7 Sports Betting Sites For New Zealand Punters

Online Sports Gambling Laws in NZ

Online Gambling Law in NZ
Online Gambling Law in NZ

As in neighbouring Australia, you will find some important legal restrictions on gambling in New Zealand.

In this case, they come from the New Zealand Gambling Act passed in 2003.

Amongst other rules, this law made it illegal for new bookmakers to be created within the country beyond what was already in place in 2003.

Hence, this has prohibited the creation of new online sportsbooks.

The only New Zealand-based betting platform currently operating online is the TAB, which holds a legal monopoly within the country.

There is a crucial loophole here – the Gambling Act only applies to activities within New Zealand, not those outside the country, which means offshore.

Thus, it does not apply to the hundreds of sportsbooks based elsewhere, many of which happily accept Kiwi punters.

Therefore, to put it clearly, you can bet legally if you live in New Zealand.

You’ll need to go with one of the many off-shore options out there, with your only native option being TAB.co.nz.

Interesting read – History and Legacy of Rugby and the All Blacks in New Zealand

How to Find Sportsbooks with Best Odds

How to Find Sportsbooks with Best Odds
How to Find Sportsbooks with Best Odds

Finding the absolute “best odds” across all sports and bookmakers in New Zealand is not easy.

Here are some effective strategies I followed to identify the right sportsbooks with the best odds:

Studied Odds Comparison Websites:

  • Such websites helped me compare odds offered by different bookmakers for specific events and markets. It helped me pick platforms with better odds.

Focused on Competitive Sports:

  • Popular sports like rugby and cricket are more competition among bookmakers, often leading to better player odds. I looked at bookmakers known for competitive offerings in these areas.

Explored Special Offers and Promotions:

  • Many bookmakers offer temporary promotions or increased odds for specific events or markets. I checked individual bookmaker websites or dedicated bonus comparison platforms to identify such offers.

Considered Bookmaker Reputation:

  • Yes, this is important. I choose reputable and licensed bookmakers known for fair practices and responsible gambling measures. I read bookmaker reviews and ensured they held valid licenses from recognized regulatory bodies.

Note:

  • Odds keep changing: Don’t rely solely on static information. Always check the latest odds before placing your bet.
  • Focus on value, not just high odds: Consider the overall return and compare it against the risk involved.
  • Prioritize responsible gambling: Set limits, stick to your budget, and never chase losses.

Suggested readNew Zealand’s Top Sports Betting Events

Synopsis

Australia is New Zealand’s closest country and has harsh legal restrictions on creating new sportsbooks.

While the Kiwis only have one native sportsbook they can use – the TAB – the law does not prohibit them from using any foreign betting sites that accept them.

That list includes a lot of good choices.

Some – like Bet365, 888sport, Spin Sports, and Betway – are internationally operational, where you can have a great time betting.

FAQs

1. Does tab.co.nz Always Have the Best Odds?

No, Tab.co.nz doesn’t always have the best odds. It’s always good to compare odds across different bookmakers to find the best bet value.

2. What Payment Methods Can I Use on These Sites?

Visa and Mastercard are accepted globally, and bank transfers are extremely common.

Certain e-wallets, like PayPal, will usually be supported, and most of our recommended options will allow you to deposit directly in NZD.

3. What Sports Can I Bet on in NZ?

The rugby union and rugby league coverage is excellent for international and domestic competitions. You can also bet on football, cricket, golf, tennis, and more.

4. What criteria were considered in selecting the top 5 Online Sports betting platforms in New Zealand with the best odds?

The selection process considered factors such as odds competitiveness, market variety, user experience, security, and overall reputation in the New Zealand betting industry.

5. Can I access these bookmakers on my mobile device?

Absolutely.

6. Can I get real-time updates on match results and odds changes?

Absolutely. These bookmakers’ mobile apps offer up-to-date information on match results, live scores, and odds changes.

Mamta Sharma

Mamta is a spirited writer hailing from Wellington, bringing a youthful zest to the world of digital content. Merging her love for narrative with an eye for detail, Ella crafts stories that resonate and engage the modern reader.