Sports, particularly rugby, cricket, and football, are a big hit in New Zealand, and so is online betting, which has been on the rise in the country. In this article, we’ll take a closer look at the online wagering scene in New Zealand and answer 3 key points, including:
- Where to find the best betting sites in NZD?
- Which are the most popular New Zealand dollar betting sites?
- What is the history of the New Zealand dollar, and how to use it to bet online?
Full List of the Best NZD Betting Sites
Betting in New Zealand has been legal since 2003, with the Gambling Act of 2003, giving the New Zealand online gambling scene enough time to develop and introduce many websites that offer sports betting in NZD. As of 2023, hundreds of bookies provide their service to New Zealand bettors, so as far as selection is concerned, bettors have plenty to choose from.
However, while finding a bookmaker is easy, it’s essential to know how to locate solid NZD bookmakers and avoid those New Zealand dollar sportsbooks that don’t offer an adequate betting experience. And to do so, you have to check a few essential things.
The first thing you must check when deciding which online betting sites in NZD you will register with is whether the bookmaker is legal, safe, and legit. You should look at reliable online reviews and ensure the companies behind the bookies have valid gambling licenses.
After ensuring the New Zealand dollar bookmaker is safe and legit, check its offer. That includes checking whether it offers competitive betting odds compared to other NZD bookmakers and has enough betting markets to bet on tennis or any other sport you want.
The availability of offers and bonus promotions is a plus. Even though less critical than odds quality, offers and bonuses play a role in your long-term success as a bettor. So while not the most crucial thing betting websites can offer, you should prioritize registering with online betting sites in NZD with bonus offers.
Lastly, you should check the bookmakers’ banking offer and ensure it has your preferred deposit and withdrawal options. If you traditionally bet with PaySafeCard or Neteller, you should pick betting sites that accept Neteller or PaySafeCard to avoid unnecessary hassle or using other banking methods.
Betting Bonuses in NZD
Nowadays, most betting sites have some offers and bonuses available for their customers, including most betting sites in NZD. It’s doubtful that you’ll come across online betting sites in NZD with no offers, granted some will have more and better promotions than others.
The most common bonus offer on any sportsbook is the welcome bonus, available only for new customers. It commonly comes as a matched deposit, where the bookmaker matches your first transfer with the same amount of free wagering cash.
So if a betting site has a 100% matched deposit bonus, and you deposit $1,000, you’ll get $1,000 in free wagering cash on top of your transfer. You might also find a New Zealand dollar bookmaker that offers a higher percentage, up to 200%, and even more.
Besides the welcome bonus, NZD betting sites offer other promotions such as free bets, casino spins, insurance bets, and enhanced odds. And then there are also NZD bookmakers that offer a VIP program, which grants your betting account various goodies, from lower transfer fees to personalized gifts and more.
All in all, NZD bettors aren’t limited regarding bonuses, promotions, and other offers, even though there aren’t as many betting sites that accept New Zealand dollars as bookmakers that accept Euro or US dollars.
How to Use Betting Sites That Accept NZD
Using betting sites that accept NZD is very straightforward, and it’s no different from using bookmakers that accept any other currency. Although you’ll find fewer bookmakers that will accept NZD compared to sportsbooks that take some of the world’s most popular currencies, hundreds of bookmakers will, including some of the world’s biggest betting companies.
You can choose from plenty of betting sites in NZD, but you must keep in mind that you pick only the best safe and legal websites. Only this way can you ensure your money’s and personal information’s safety.
Besides that, you should focus on the quality of the bookmaker’s service, which mainly includes odds quality and availability of betting markets. The accessibility of live betting, live streaming, mobile betting app, and bonuses and promotions is not to be ignored. Still, those come second to the odds of quality and market offer.
After you pick a bookmaker, all you can do is deposit with the betting site. And even that is very straightforward.
Making Deposits In NZD
To deposit with any betting sites in NZD, you must follow five steps.
- Login to the NZD sportsbook you have an account with.
- Navigate to the cashier tab.
- Select “deposit”.
- Pick your preferred deposit method and input the desired amount.
- Complete the transfer and wait for the money to arrive in your account.
In most online betting sites in NZD, the deposit process doesn’t take longer than a couple of minutes, but this might vary depending on the bookmaker you choose and your preferred deposit method.
Requesting WIthdrawals In NZD
Requesting withdrawals with betting sites in NZD is as simple as making a deposit and is typically just as fast.
- Login to the New Zealand dollar bookmaker.
- Navigate to the cashier tab.
- Select “withdraw”.
- Pick your desired transfer method and input the money you wish to withdraw.
- Finalize the withdrawal process.
With withdrawals, you will be required to complete the KYC verification, but you only have to do it once, and most betting sites require you to do it even before you make a deposit. So if you haven’t done it yet, withdrawing money will take longer.
It’s also worth noting that withdrawals are generally slower than deposits, especially if you use a bank transfer as your preferred withdrawal method. Still, most withdrawal requests are completed within minutes as long as you’re not requesting huge payouts.
Payment Methods That Accept NZD
Although the New Zealand dollar is not among the world’s most popular currencies, many sportsbooks accept it. Another good news regarding online payments in New Zealand is that there are many payment methods New Zealand bettors can choose from since the country has not imposed any bans on online payment methods.
Some of the most popular online payment methods among New Zealand bettors include Skrill, PaySafeCard, Neteller, and PayPal, which are also some of the most popular payment methods worldwide.
Besides the four, some people also use debit and credit cards, Neosurf sportsbooks, and even bank transfers granted the latter is slowly getting out of fashion due to slow processing times.
Advantages & Disadvantages Of Using NZD For Online Betting
There are advantages and disadvantages of using NZD for online betting, and while there are more pros than cons, it’s important to mention both.
New Zealand Dollar History
Initially, New Zealand’s official currency was the Pound, used until 1967, when the government introduced the New Zealand Dollar. The decision came one year after the approval of the Decimal Currency Act, which was accepted in an attempt to decimalize the New Zealand currency.
New Zealand officially recognized the New Zealand Dollar as the official currency on July 10, 1967, when it replaced the Pound at 2 Dollars for 1 Pound. Also called a “kiwi,” the New Zealand Dollar is officially used only in New Zealand, but the currency also circulates in the Pitcairn Islands, Niue, Tokelau, and Cook Islands.
We’ve covered everything you need to know about the New Zealand Dollar and how to use it for online betting, but before we conclude our article, here are some interesting facts about the NZD you might not know about.
- New Zealand is the only country in the world where the NZD is the official currency, but it also circulates in the Pitcairn Islands, Niue, Tokelau, and Cook Islands.
- Some popular payment methods that accept NZD include Paysafecard, Skrill, Neteller, and PayPal.
- The most popular and legal online bookmakers that accept NZD are 22bet, 1xbet, BetWinner, and Betway.
- New Zealand Dollar is also called a “kiwi.” It has a picture of a kiwi on its $1 bill.
- New Zealand Dollar replaced the Pound as New Zealand’s official currency on July 10, 1967.
That concludes our article, teaching you everything you need to know about New Zealand dollar bookmakers and how to use NZD for online betting. Equipped with all that knowledge, you now know where to find the best NZD betting sites, so you’re ready to register with the best betting websites and start betting!
Frequently Asked Questions
Where can I bet in NZD?
You can use NZD to bet on all sportsbooks that accept New Zealand dollars, including 22bet, 1xbet, BetWinner, and Betway. Although not as popular as other currencies, NZD is well accepted on online betting sites.
Can only players in New Zealand use NZ dollars for sports betting?
No. You can use NZD for online betting regardless of where you live, as long as you’re using a bookmaker that is available to you where you can deposit in NZD.
Which betting sites accept NZD deposits?
NZD deposits are accepted on many online betting sites, including Sportsbet, bet365, Betway, Ladbrokes, and Betfair.
Which is the minimum deposit limit for NZD deposits?
The minimum deposit limit for NZD deposits will vary depending on the bookmaker you use. However, typically the sportsbooks set a limit of $10 NZD.
Do all New Zealand-friendly bookies accept NZD deposits?
Yes. All bookmakers licensed to operate in New Zealand accept NZD deposits, as they have to allow bettors to fund their accounts in local currency.
What payment method is best suited for NZD deposits?
There is no single best payment method for NZD deposits. But New Zealand bettors’ most popular payment methods include Skrill, Neteller, PaySafeCard, and bank transfers.
Is the New Zealand Dollar the only currency accepted on NZD sites?
No. Even though all New Zealand betting sites accept NZD deposits, they also accept other options, including Euro, USD, British Pound, and other popular currencies.