Online sports betting sites is a huge industry with a market size of 83.65 billion dollars annually. So, it is exciting for all sports fans to participate in this ever-growing industry. Whether you want to know some general info about the industry, or if you want to bet on your favourite sport online – this is where you want to be. On this page, we have covered the rules for complete novice punters as well as seasoned veterans looking to develop their strategies.
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Table of contents
Top 3 New Zealand Bookmakers
“The online gambling market will reach US$172 billion by 2030 at a compound annual growth rate of 11.6% due to the increasing use of mobile gambling globally,” said a report published by Globe NewsWire.
Surely this huge value increases the appetite of gaming companies to launch more bookmakers to gain a larger market share and attract more bettors. However, every bettor wants to pick the best sports betting site even if he doesn’t have time to compare the offerings of each site. So, we decided to make it easy for you and recommend the three best sports betting sites available to users in New Zealand.
Mr. Play
Many sports bettors believe that Mr. Play is the best football betting site out there. It accepts dozens of payment methods including local banking solutions as well. Through this site, players can bet on local, regional and international tournaments. Perhaps the only drawback is the outdated interface.
888 Sport
As you may have already guessed from the name, 888 Sport is operated by the same company that owns 888 Casino, which is the most popular gambling site in the world. This site has a lot of excellent features as it welcomes its new players with a huge welcome bonus of 200% up to $100. Also, it offers more than 35 sports, competitive odds, and many lucrative features.
Betway
Betway is one of the best bookmakers on the global gambling scene. On this site, you can find more than 30,000 daily betting markets that you can bet on. Moreover, both new and loyal players get endless offers and bonuses.
| Betting Site | Welcome Bonus | Sports | Minimum Deposit | Payment Methods |
| Mr. Play | 100% deposit bonus | +35 | $10 | Visa/Mastercard and web wallets |
| 888 Sports | $10 welcome bonus | +35 | $10 | Visa/Mastercard and web wallets |
| Betway | 100% matched bonus up to $100 | +35 | $10 | Visa/Mastercard and web wallets |
Basics of NZ Sports Betting
The basics of sports betting are very simple. In essence, a bet is an agreement between the player and the bookmaker on whether or not an outcome will be achieved. For example, the Saudi national team’s victory over Argentina in the World Cup 2022 or the British national team’s victory over France.
Betting is placed using something of value which is money or cryptocurrencies. The potential payout is determined according to the pre-odds set by the bookmaker.
If the odds are high, then the profit from football matches will be limited, and if the odds are low, then the profit will be high. After the end of the tournament or match, whoever made the correct prediction wins their bet. Thus, the bookmaker must refund the initial bet and pay winnings to the winning bettors. If the team or player you bet on does not win, you lose your bet.
Professional bettors know that the odds are everything in sports betting, and the outcome with the highest odds is often achieved unless there are unexpected surprises in the match that turn the score upside down. However, as you know, of course, the strong always beat the weak especially in league matches. It is very rare for a team at the bottom of the league table to beat the team at the top of the standings.
Therefore, the team that has an advantage over its opponent is referred to as the “favourite” and the team that does not have the capabilities to easily snatch victory from its opponent is called the “underdog”.
In major confrontations, such as derby matches, the strengths and capabilities of the two opposing teams are very close, but there will also be favourites and underdogs.
Pre-event Betting Vs. Live Betting
There are two ways to bet on sports matches. The first method is pre-event betting, which means placing a bet before the start of the match. These bets entail collecting the necessary information and data about the tournament, the competing teams, the atmosphere of the match, the ground on which the match will take place, and other things.
The second method is to bet on the match after it has started, which is called “live betting” or “real-time betting”. Predicting the result of live betting requires nothing more than watching the match, whether through the sports betting site itself or on TV.
Sports betting sites are a way for some people to make money, while for others it’s a great way to enjoy watching the competition more than if they didn’t have the money riding on the score. Only a few bettors can make money, in the long run, betting on sports, yet millions of people bet on sports matches annually.
How Can I Bet on Sports?
Now that you know what sports betting is and how it works, you might be wondering how to get started!
If you are new to football betting or have not bet on football online in the past, you may be wondering what the process of signing up for a sports betting site is like. Fortunately, the process is simple and only takes a few minutes to complete.
Follow these steps to sign up and start betting on sports today:
The first step you need to do is to choose a football betting site. This step can sometimes take longer and is the most important in terms of the kind of football betting experience you will get.
Now that you have identified your betting site, you will have to create a new account. This usually does not take long and requires some basic information from you, such as:
- Legal name
- Date of birth
- Email address
- Home address
- Username
- Password
When you enter all this information, the sports betting site should redirect you to the next page where you can choose the deposit method that suits you best.
If you are not redirected, just look for the banking page on the site, or go to your personal account to find where you can make your first deposit.
You can now activate the welcome offer and get extra credit for betting on more matches.
Now that you have already made your deposit and received the bonus, you can actually start placing your bets.
If you have successfully predicted the correct outcome of some matches, you can cash out your winnings. If you lose, unfortunately, you will have to forget about your losses and plan your next bets carefully. In either case, you can repeat the process to get a win!
Sports Betting on Smartphones
If you want to enjoy playing at the best football betting site on the go, you should first choose a sports betting site that is compatible with smartphones and tablets. The best gambling sites usually have this option. In fact, you shouldn’t even think about signing up for a site that doesn’t have a dedicated smartphone platform, otherwise, you’ll have to be glued to your computer every time you want to bet on a new match.
There are two ways sports betting sites give their customers access to mobile betting.
The first way is to access a sports betting site through an app that can be installed on your smartphone or tablet. The benefit of this is that you will be able to access the application easily with the press of a button. Furthermore, you can easily update the available betting markets.
The second way is to access sports betting sites through the browser without the need to download any software. This method is preferred by many punters due to the lack of space on their phones. You can only access these mobile versions of the betting sites using your phone’s internet browser.
Both methods of sports betting work perfectly. Your preference for one of them may depend on your phone’s specifications. However, smartphone support shouldn’t be the only feature you’re looking for. It is also important that you focus on other aspects of betting sites. To do this, you need to know the factors that make some mobile betting sites better than others. Here are some important qualities you should look for:
Safety and Security
You will be providing personal information and financial data to sports betting sites. Therefore, you must ensure that it is completely secure. It is important to choose only licensed and trusted websites.
Reputation
It is a good idea to choose sports betting sites that have a long history in the industry.
Bonuses
This is a huge advantage, as the best sites will offer perks and bonuses that give punters more winning chances. On the best sites, you will get bonuses when you sign up and also when you deposit.
Ease of use
If you have a penchant for betting, you will often rush to get your bets before the match starts. This can be a problem if the mobile betting site is too confusing or has slow-loading pages. Find betting apps that are easy to use and make things simple for you in terms of navigating quickly.
Things You Should Know Before Betting on NZ Sports
Before you put any amount of money on the line, you will need to make good decisions and learn essential information that can help you achieve success in the world of sports betting. Here are the things you need to know before you place your first bet.
Choose NZ Bookmakers That Offer Highest Odds
If you are new to the world of sports betting, you need to understand that every sports betting site offers different odds. There are often slight differences. However, at other times the odds can be much better in one match than in another. This is why taking the time to research great options is worth it and can be one of the most important decisions you make.
Take a Look at the League Stats
Analyzing sports matches is similar to analyzing stocks where analysts can spend hours looking at numbers, trends and statistics to come up with an accurate prediction in the end.
You will need to stick to the same approach as well to place successful bets. Furthermore, it is also important that you know more information about how players and teams are performing and how capable they are going head-to-head against a particular opponent, their performance in the last few matches, or whether there is a big difference in how they play on the road versus at home.
Always remember that the site with all the valuable football statistics does an amazing extra service. It is a gold mine for all savvy punters!
Keep Track of the Last Three Matches
As mentioned above, sports betting is primarily about information. Therefore, bettors must gather as much information as possible to predict how the team will win in its next match. For example, if a goalkeeper hasn’t conceded too many goals in the past three matches, he is likely to repeat the same performance in the next match and waste his team’s effort.
Likewise, if there was a player who scored crucial goals in the past matches, he, perhaps, would also be able to score more goals in this match.
This information is also very valuable to teams. If a team loses three consecutive matches or draws, it is likely to achieve the same result in the next match as well.
Sports NZ Betting Sites Types
To make a profit from sports betting, you must first have a thorough understanding of the bet types. In fact, every betting site offers many bet types. Players can bet on everything, starting from the winner, the team will score the first goal, which player will score the first goal in the second half of the match, and other options. In the next section, we’ll look at the most important types of bets available at NZ bookmakers.
Moneyline Bet
The simplest type of sports bet of all is the bet on the winner of the match/league. This bet does not require the players to select any variable other than the team/player who will win the match/league only.
Correct Score
More intricate than simply guessing the result of an event, betting on the exact score can be exciting because it is about guessing which way an event will end. In fact, there are many ways you can guess the outcome of a match. First, you can only predict the winner. Secondly, you can predict the winner with goal/ point spread.
Handicap Bet
A handicap bet is a type of bet placed on the spread between the favourite team and the underdog. The great feature of this bet is that it does not require predicting the outcome which is difficult for many punters. To win this bet, all you have to do is compare a few simple things like the number of goals scored by each player and the number of matches won by each team.
Asian Handicap Bet
An Asian handicap bet is a form of betting in which teams are handicapped, according to their form, to a certain result suggested by the bookmaker. Punters can bet on favourite/ underdog to exceed this result or be inferior to it.
Bet on the Outcome
Result bet is a type of sports bet that allows you to place your bet on the team that you expect to win the match, or, more precisely, the team that you expect will score more goals than its opponent. Before placing this bet, it is important to compare things such as the attacking capabilities of both teams, goalkeepers’ skills including the substitutes, and the number of goals scored by influential players from each team in recent matches.
The Most Popular Tournaments to Bet on
The most popular tournaments are also the most profitable tournaments on sports betting sites. It is always better to bet on big tournaments to ensure that you get the largest profits. Betting on unpopular leagues and competitions is also available, but it does not offer you good returns.
Below, we listed the most prominent sports competitions available at NZ bookmakers:
World Cup
The World Cup is the most prestigious sporting competition in history. This tournament is played every four years, and it hosts the 32 best teams and lasts for 28 days. The host country is chosen by the FIFA Council.
UEFA European Championship
European teams always bring together the world’s top talents, as it is the second tournament after the World Cup in terms of viewership and betting chances. This championship was launched for the first time in 1958 in France and so far 16 editions of this tournament have been played. Germany and Spain are the two winners of this tournament as they have won the title three times.
UEFA Champions League
The UEFA Champions League is the largest annual club football tournament. This tournament is organized by the Union of European Football Associations (UEFA). The strongest clubs compete in this tournament.
How to Find the Best Value in Betting Odds?
Finding value in the odds is the best way to make money from sports betting. In fact, it is the only realistic way to make money on a consistent and regular basis. If you don’t bet on value, your winnings, in the long run, will be higher than your losses. Thus, sports betting can be guaranteed to be your ideal pastime, simply because you win more than you lose; It’s that easy.
Most sports bettors don’t realize this. Instead of betting on value, they tend to bet on whatever outcome they think will happen. While this seems like a logical approach, it is flawed. Although you will win some bets by choosing the highest odds outcome, you will not be able to make profits in the long run. Or, in other words, your losses will be more than your winnings!
What many people don’t realize is that successful sports betting is not about picking as many winners as possible. Instead, it is about finding sites where the odds are in your favour.
NZ Sports Betting Sites Tips
It is not difficult at all to win your bets on a few matches. Anyone with a modest level of knowledge about sports betting is likely to win for a while. However, there is a big difference between winning a few bets and winning often; The latter is difficult… very difficult!
To make it easier for you, we have decided to bring you top betting tips that you can apply to maximize your returns:
Set Achievable Goals
Some novice bettors believe that their mathematical skills are enough to beat the house, this is a big mistake! It is certainly possible to make a profit from sports betting, but it takes more than a little mathematical knowledge. Having unrealistic expectations will only lead to frustration and disappointment. It’s okay to set a long-term goal to make money, but it’s important to be realistic and set achievable goals.
Learn All the Basics
We mentioned at the beginning of this guide that sports betting is very simple, but that doesn’t mean you have to start right away! Learning the basics will put you in a much better position to enjoy the football betting experience. Although the basics alone may not be enough to help you make a profit, they can get you started on the right track.
Set a Budget
Every piece of advice on this page is important, but none are more important than this one! No matter how much money you have, or your short-term or long-term goals, you simply must set a budget. Remember that losing is a much more likely outcome than winning. You decide how much money you are willing to risk and make sure you don’t start risking more if you lose everything.
FAQ About Sports Betting Sites
Yes, all bettors can win their bets, but if you want to win in the long run or win most of your bets, you have to develop your skills and collect information and statistics regularly about different sports teams.
You can bet on sports before or after the start of the match. Sports betting sites also offer the option to bet on the outcome of the entire tournament before it starts (outright bet).
Choosing the best way to bet on sports depends on your own preferences. In our opinion, we believe that the best way to bet on sports is to collect small wins rather than trying to collect big sums.
To make big profits from sports betting, you must do careful research before placing a bet. Moreover, it is important to study your betting history and to take advantage of the bookmakers’ bonuses.
