Online Sports Betting in New Zealand
Sports betting is a very popular form of gambling in New Zealand. However, it was illegal until 1961, when the Totalizator Agency Board (TAB) was given the monopoly, which is now operated by the New Zealand Racing Board (NZRB). The company runs several land-based betting shops across the country, but players can also use online sportsbook sites in New Zealand.
|Is online sports betting legal in New Zealand?||Yes.|
|Are sports betting sites in New Zealand trustworthy?||Yes.|
|Can I deposit via PaySafeCard/Neteller/POLi?||Yes.|
|Do online sports betting sites accept NZD?||Yes.|
Online Sports Betting Laws in New Zealand
According to the Gambling Act from 2003 and its amendments, the NZRB is the exclusive provider of online betting in New Zealand. The law states that the games approved under the Racing Act are excluded from the prohibition on online gambling.
However, the same act also implies that online sportsbook sites based somewhere else are allowed to offer their services to New Zealanders. In this way, they have access to large bookmakers such as Unibet Sportsbook or 1xBET Sportsbook, which usually have more sports to be on, higher odds as well as better online sportsbook bonuses and online sportsbook promotions in New Zealand.
Online Sports Betting Payment Methods in New Zealand
In order to keep competing in the market, operators can only accept fully transparent money transactions. Accordingly, the credit and debit cards of VISA and MasterCard are usually available. But there are also alternatives that are as efficient and safe. These include Skrill, Neteller, PaySafeCard, PayPal or POLi. For more information, consult the online sportsbook reviews directory in New Zealand.
Online Sports Betting Sites Accepting NZD
Although betting in New Zealand is limited to a monopoly, other international bookmakers are also interested in targeting bettors from the country. As a result, there are several online sports betting sites accepting NZD.