Sports Betting in NZ – The Ultimate Guide
Cricket, football, and rugby are some of the most popular sports in New Zealand and the history of betting on these sports goes back for centuries. Within New Zealand, sports betting is legal but sports betting sites based in New Zealand are illegal.
Below you can read a guide to secure sports betting in New Zealand.
How is Sports Betting Regulated in the Country
All online sports betting within the territory of New Zealand will be governed by a legal but unregulated market. The New Zealand Gambling Commission and the New Zealand Department of Internal Affairs regulate all types of betting. You must consider this.
Although sports betting is prohibited in several places in New Zealand, there are 6 land-based casinos with exceptions. When you want to place a bet with real money, remember to choose a licensed offshore operator.
New Zealand sports betting sites offer their currency as a primary payment method. That is New Zealand dollars. Visa and MasterCard are always the best payment methods. However, some betting sites will want local options like POLI Payments.
Betting on the Best Sites
The best and most respectable betting sites in New Zealand will always offer you welcome bonuses. They will also offer reliable payouts on winnings. Since it is an unregulated market, it is best to bet for real money at licensed bookmakers. Betway is one of the most respected bookmakers in New Zealand and has all of its licenses.
Unfortunately, New Zealand does not offer common withdrawal options like Neteller and Bitcoin. As stated above, POLI will always be the preferred payment method in the country. The high rollers will likely choose slower withdrawal methods as this way withdrawals can be higher.
Some of the deposit methods you can use in New Zealand are MasterCard, Visa, POLI Payments. Also, Skrill, SkrillOneTap, Entropay, PaySafeCard, Visa Electron, MasterCard Maestro, Bank Check, BankWire and FastBank Transfer too.
Some of the best withdrawal methods you can use in New Zealand are MasterCard, Visa, Entropay, and Skrill. You can also use Maestro/Electron, Check, and BankWire. These withdrawal methods take a maximum of 5 days to arrive.
Before making any big sports bets in New Zealand, make sure you read the terms and conditions very carefully. Read in detail about the legal processes and laws governing such bets. Look for the best payment and withdrawal methods that suit your needs.
A good bet is always a safe one. Enjoy the entertainment that sports betting offers you by knowing all the procedures. This way, you will not have a bad experience.