Top 5 Bookmakers in New Zealand with the Best Odds
The online betting industry in New Zealand is one of the most popular and reliable in the world. With huge public interest in rugby and association football, in particular, the New Zealand online betting landscape has grown into an entertaining, customer-focused experience.
Here are the Top 5 Bookmakers in New Zealand with the Best Odds.
We at onlinepokiesnz.com have been continually reviewing, testing, and sifting through dozens of bookies that are a part of the legal market.
Table of Contents
New Zealand’s Top Bookmakers
This country has a large range of betting sites along with minor and major sporting events. Most of these online bookies that Kiwis wager with are licensed in Australia and have a very good rapport.
The various sites that New Zealanders can place wagers with and not worry about safety include
- Bet365
- Paddy Power
- Ladbrokes
- BetEasy
- Unibet
- & several others.
You can enjoy a wide range of sports betting thrills from Betfair online bookmakers. They offer horse racing bets, and their football betting is sorted too. The bookmaker has many games to choose from such as rugby, cricket, and many others.
In terms of odds, Betway is ranked in the middle of other larger bookmakers. However, Kiwis can find slightly better odds in their book where players bet with competitive odds. Leo Vegas
This bookmaker Leo Vegas has been in the gambling industry since 1934 while its online version was introduced in 2011. They offer many sports betting actions with games such as horse racing, greyhound racing, football, baseball, and boxing, among others.
Top 5 Bookmakers in New Zealand with the Best Odds
1. Betway NZ
Betway NZ is a top-tier online bookmaker catering to the needs of Kiwi punters. With a wide variety of betting markets, including popular New Zealand sports and international events, there’s something for every bettor. Betway offers competitive odds, ensuring value for your bets.
Generous promotions and bonuses further enhance the betting experience. The user-friendly platform and mobile app make betting on-the-go seamless for New Zealand players, creating a hassle-free and enjoyable experience.
- Since 2006, Betway has established a strong reputation for top-tier sports betting, offering over 30,000 diverse markets to their New Zealand customers.
- They provide opportunities for future betting, live in-play betting, and wagering on major events, as well as markets unrelated to sports or racing.
- Customers can explore a wide range of markets, including NRL, NFL, Cricket, Soccer, Tennis, Golf, American Football, Baseball, Basketball, Formula 1, Horse Racing, financial, political, entertainment, and more.
- Besides offering New Zealand’s best odds, they provide up-to-date results and valuable information like weather and track conditions to assist bettors.
- Betway sets individual maximum pay-out limits per customer for each sport, and it’s the customer’s responsibility to be aware of these limits before placing bets.
- In cases of Dead-Heats, they pay winners based on a “split-stakes” system.
- Bets on events that have already commenced will be void, unless it’s a live betting event.
2. TAB NZ
TAB NZ is a well-established, locally operated bookmaker dedicated to serving New Zealand’s betting enthusiasts. Offering a comprehensive range of betting markets, including local and international sports, racing, and more, TAB caters to diverse preferences.
Competitive odds are available, ensuring a fair betting environment. Regular promotions and bonuses add excitement to the experience. The user-friendly website and mobile app are tailored to the Kiwi audience, making betting simple and enjoyable for players across New Zealand.
- The TAB serves as New Zealand’s exclusive agency for racing and sports betting.
- Governed by the TAB NZ board, they operate as a significant betting, gaming, and broadcasting company, catering to over 180,000 account holders. Their services are accessible through a mobile app, website, and approximately 550 retail outlets.
- All matters concerning the delivery of gaming and wagering services by TAB are subject to New Zealand law, and any disputes will be resolved through the New Zealand Courts.
- For general inquiries about their products or services, customers can reach out to TAB Customer Services (Contact Centre) at:
- Email: helpdesk@tab.co.nz
- Phone: 0800 102 106
3. Bet365 NZ
Bet365 is a globally renowned online bookmaker that has established a strong presence in New Zealand. With an extensive selection of betting markets, including local sports and major international events, Kiwi punters have a wealth of options. The platform offers competitive odds, providing value to bettors.
Promotions and bonuses enhance the overall experience, while the user-friendly interface and mobile app ensure seamless, on-the-go betting for New Zealand players seeking a top-notch betting platform.
- Download their sports betting app for iPhone and iPad today and become part of the world’s largest online betting community.
- Bet on a diverse selection of In-Play and pre-match sports, including the Premier League, Women’s World Cup, The Ashes, Wimbledon, July Festival, and The Ryder Cup.
- Enjoy the convenience of Touch and Face ID, allowing secure account access within seconds on supported devices.
- Select from a wide array of payment methods, including Debit Card, PayPal, and Apple Pay.
- Choose to either use your existing bet365 account or sign up directly via the app.
- They stream thousands of events every year, spanning sports such as Horse Racing, Football, Soccer, and Greyhound Racing, directly to your iPhone or iPad.
4. Paddy Power
Known for their memorable TV adverts, Paddy Power is one of the giants of sports betting. Paddy Power is a reputable bookmaker that has recently entered the New Zealand market. It offers a range of betting markets, including local sports and international events, with competitive odds.
Promotions and bonuses, such as the Best Odds Guaranteed and Money-Back Specials, add to the appeal of the platform. The user experience in NZ is satisfactory, although the mobile app is not yet available in the country.
- Every day, you can spin Paddy’s Wonder Wheel for a shot at winning prizes like cash, free spins, bonuses, or scratch cards.
- They want to provide a fun and enjoyable online gaming experience, specializing in slots, live casino games with real dealers, and big jackpots. They also have classic casino games, exclusive titles, and keep adding new ones.
- Their special tables host popular live casino games such as Live Roulette, Live Blackjack, and Live Baccarat. Plus, you can try other exciting games like Live Spin A Win, Live Buffalo Blitz, Live Hi-Lo, and Live Football Roulette.
- Paddy Power Games rewards players with regular promotions and bonuses that have clear rules, with no tricky stuff or hidden surprises.
- Paddy Power PLC is the provider, and their app is compatible with iPhone (iOS 13.0 or later), iPad (iPadOS 13.0 or later), and iPod touch (iOS 13.0 or later).
5. 22Bet NZ
In New Zealand, 22Bet stands out as a highly trusted bookmaker known for its extensive offerings of bonuses and promotions.
- Bet on over 40 sports with real money daily, including popular choices like football, basketball, ice hockey, tennis, and golf. Also, explore unique options like chess, Formula 1, politics, cricket, MMA, horse racing, darts, and cycling.
- Access a collection of over 3,000 slot machines.
- Enjoy a 100% deposit bonus for both betting and casino gaming. Take advantage of welcome bonuses, Friday reloads bonuses and more for sports betting. In the casino, find free spins, virtual cash, and bonus games.
- Use the mobile application available for both Android and iOS devices, ensuring convenient betting on the go.
- Accumulate 22Bet points and redeem them for branded merchandise and goods featuring your favourite teams in the store.
Betway vs Tab.co.nz Comparison
| Criteria | Betway NZ | Tab.co.nz |
|---|---|---|
| Overview | Established in 2006, licensed in Malta and the UK. | Established in 1951, owned by the NZ Racing Board. |
| Betting markets offered | Wide variety of sports, including eSports and politics. | NZ and Australian horse racing, major international sports. |
| Odds | Competitive odds, especially in football and cricket. | Good odds in horse racing, but not always competitive in other sports. |
| Promotions and bonuses | Offers various promotions and bonuses for sports and casino. | Regular promotions and bonuses for horse racing and sports. |
| User experience | Modern and user-friendly interface, great mobile app. | User-friendly interface, but mobile app needs improvement. |
Mobile Betting
Mobile betting has become increasingly popular among New Zealanders, offering convenience and flexibility. Here’s what you need to know about mobile betting:
- Access Anytime, Anywhere: Mobile betting allows you to conveniently bet on your favourite sports and events using your smartphone or tablet, granting you the flexibility to place wagers from any location in New Zealand.
- User-Friendly Apps: Many top bookmakers in New Zealand provide dedicated mobile apps for iOS and Android devices. These apps are designed for ease of use and offer a seamless betting experience.
- In-Play Betting: Mobile betting apps often support in-play or live betting, allowing you to wager on ongoing matches and events in real time. This feature adds excitement to your betting experience.
- Wide Range of Markets: Mobile betting platforms offer access to a vast array of sports markets, including popular options like NRL, cricket, soccer, and more. You can also explore niche markets and place bets on various sporting events.
- Secure Transactions: Reputable bookmakers ensure the security of your financial transactions when betting via mobile. You can deposit and withdraw funds with confidence.
- Up-to-Date Information: Mobile betting apps provide real-time updates on match results, odds changes, and other valuable information to assist you in making informed bets.
- Promotions and Bonuses: Many bookmakers offer exclusive mobile promotions and bonuses, giving you added incentives to bet on your mobile device.
- Customer Support: In case of any inquiries or issues, mobile betting apps usually provide access to customer support services directly through the app.
With the convenience of mobile betting, you can enjoy a dynamic and engaging wagering experience right at your fingertips.
How to Compare Odds Across Bookmakers?
Comparing odds across bookmakers is essential for maximizing your potential winnings and ensuring you get the best value on your bets.
One efficient way to compare odds is by using odds comparison websites, which compile and display odds from various bookmakers side by side. This allows you to quickly identify the most favourable odds for your chosen market.
Understanding betting margins is crucial, as they reflect the bookmaker’s built-in profit margin. A lower betting margin generally translates to better odds for the punter.
To find the best odds, consider multiple factors such as
- Market Variety
- In-Play Betting Options
- Event Coverage
Don’t forget to keep an eye on promotions and special offers that can further enhance the odds on offer. By adopting these practices, you can ensure you’re consistently getting the best value for your bets.
What Are the ‘Best Odds Guaranteed’ in New Zealand?
Best Odds Guaranteed ensures that Kiwi punters always get the best value when it comes to horse racing bets. This simple and common promotion is one that anyone looking to maximize their profits should take advantage of.
With Best Odds Guaranteed, if you take a price on a horse and the Starting Price (SP) is bigger, you’ll be paid out at the bigger odds.
For example, if you take a price on a horse at odds of 3/1, but the SP is 4/1, you’ll be paid out at the bigger price of 4/1.
Online Sports Gambling Laws in NZ
As in neighbouring Australia, you will find some pretty important legal restrictions on gambling in New Zealand. In this case, they come from the New Zealand Gambling Act, which was 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. In fact, the only New Zealand-based betting platform which currently operates online is the TAB, which means it effectively holds a legal monopoly within the country.
There is a crucial loophole here, of course – the Gambling Act only applies to activities originating within New Zealand, not those originating outside the country which means offshore.
Thus, it does not apply to the hundreds of sportsbooks that are based elsewhere, many of which are more than happy to accept Kiwi punters. These include very well-known and successful British brands, like Bet365 and Betway.
Therefore, to put it clearly, you can definitely bet legally if you live in New Zealand. You’ll simply need to go with one of the many excellent off-shore options out there, with your only native option being TAB.co.nz.
Synopsis
Australia is New Zealand’s closest country and has similarly harsh legal restrictions on the creation of new sportsbooks. In reality, however, there’s no contest as to which country gets a better deal when it comes to betting sites.
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 which accept them. That list includes a whole lot of good choices. Some – like Bet365, 888sport, Spin Sports, and Betway – are internationally renowned and have been tried and tested in other countries like the UK.
FAQs
Does tab.co.nz Always Have the Best Odds?
No, Tab.co.nz doesn’t always have the best odds. It’s always a good idea to compare odds across different bookmakers to find the best value for your bets.
Is Sports Betting Legal in New Zealand?
Yes. It’s illegal for new sportsbooks to be created nowadays. It means there’s only one option within the country itself – the TAB. There’s no law against citizens betting online though, and they are free to use betting sites that aren’t based in New Zealand.
What Payment Methods Can I Use on These Sites?
Visa and Mastercard are accepted across the globe, and bank transfer is extremely common. Certain e-wallets will usually be supported too, like PayPal, and most of our recommended options will allow you to deposit directly in NZD.
What Sports Can I Bet on in NZ?
The coverage for rugby union and rugby league is excellent, both for international and domestic competitions. You can also bet on football, cricket, tennis, golf, tennis, and plenty more.
