Sports Betting

May 31, 2022

How to Win Big at Sports Betting in nz: Tips and Tricks

Whether you’re betting on the MLB, NBA, NHL, EPL or any sports event winning big at sports betting takes more than just luck it takes skill. If you’re looking to up your game and start taking home some serious winnings, check out these tips and tricks.

1. Sports betting takes skill and luck

Sports betting is a popular way to earn money, but it takes skill and luck to win big. There are many different ways to bet on sports, and each has its risks and rewards. Some people like to bet on their favourite team, while others take a more scientific approach by analyzing statistics.

No matter how you approach it, there are a few things you can do to increase your chances of winning big at sports betting. First, research the teams or players you’re betting on. Know everything you can about them before placing your bets.

What are their records? Are they up against a weak or strong opponent? Are they playing at home or on the road? What are the weather conditions like? You will want to know all of this to determine how much risk will be involved in your bets.

Once you’ve figured that out, it’s time to place your wagers. If you’re betting on individual games, you’ll want to spread your money around, placing bets on multiple teams or players. You can use the internet or even call a sportsbook to get the information you need. Second, develop a betting strategy. This will take some time, so be patient.

A good strategy will help you balance your risk and reward. Third, be patient! Patience is important because it allows your strategy to be implemented. You may lose some bets, but those losses will eventually turn into wins. Finally, remember that the gambling environment can be dangerous.

The best thing to do is to bet with the odds, not against them. Make sure your odds are high enough that you can win something substantial, but low enough to make a profit if your team or player does win.

2. Set a budget and stick to it

If you’re looking to get into sports betting, or even if you’re already an experienced bettor, one of the most important things to remember is to set a budget and stick to it. No matter how confident you are in your picks, or how strong your track record may be, it’s always crucial to managing your bankroll responsibly.

It’s a good idea to only bet what you can afford to lose and to not use the money that you need for things like rent, food and bills. If you have a day job that allows you to work remotely and set your own hours, it may be a good idea to limit your sports bets to the evenings and weekends. It’s also a good idea to avoid chasing losses.

That means not betting more than you can afford to lose, and being mindful of variance – even the best bettors will go through losing streaks from time to time. It might seem boring to only bet on the big games or the games with massive favourites, but it’s an excellent way to keep your losses to a minimum while maximizing your profits over the long term. Don’t underestimate the value of bankroll management, either.

It’s important to stay in control of your emotions throughout each betting session, and avoid getting carried away and chasing losses or trying to recoup your entire bankroll with one big bet.

3. Shop around for the best lines

For anyone looking to take their sports betting to the next level, shopping around for the best lines is a must. Several online and offline resources can be used to compare lines from different bookmakers. Comparing lines will allow you to find the most favourable odds for your bets. While it may take some effort at first, shopping around for the best lines is an essential part of winning big at sports betting. With some practice, it will become second nature and improve your chances of success significantly.

Check out the lines offered by multiple online bookmakers when you bet on your favourite sport. Using a comparison site like Odds Portal can make it easier. The lines offered by various bookmakers will be different, in some cases quite significantly. This is where you have to do a little bit of research to find the best betting offer for you. When you compare the lines, look at the odds in their simplest form.

Other times, the juice is there to give you some perks. Based on our experience, we have found that there is no need to place a big bet on a big game just because there is an offer of extra juice. Supposing that you have $100 and place a bet of $40 on a team, which has offered 2.05 for that game. If the team wins, you will get $100 back.

4. Don’t chase your losses

If you’re looking to get into sports betting, or even if you’re already an experienced bettor, there’s always one question on everyone’s mind: how can I win big? While there are no guaranteed strategies for success, there are some things that you can do to give yourself a better chance at winning.

If you’re a new bettor, or you’re just not very good at sports betting, you’re going to lose a lot of money. The important thing is to see those losses as part of what it takes to be a successful bettor. Just as in other aspects of your life, it’s okay to have losses. They’re an important part of the process.

There’s nothing worse than a bad streak in sports. You’ll start to face it from time to time and if you become too concerned about it, if you don’t do your research, or if you forget about the big picture then you might be prone to making a rash decision. Don’t bet more than you can afford. Stick to the amount you can comfortably afford to lose. If you’re betting $5 per game, then that’s all you should be betting.

It’s easy to do, and it’s a natural reaction to have, but it’s the worst thing that you can do when you’re trying to win. Making rash decisions because you’re upset with the way your bets are going will get you nowhere but farther in the hole. In order to be successful, you have to stay level and keep a cool head when things aren’t going your way. If a game happens to be going against you, wait it out and don’t panic.

Sports Betting
October 8, 2021

Sports Betting in New Zealand

With the passing of the Interactive Gambling Amendment Bill by New Zealand’s parliament in 2019, which made all forms of online gambling offered by local businesses banned, we felt that it was time to come back and look at the effect it has had and what options are available for New Zealander’s to bet online.

We know that New Zealand has a general prohibition on the provision of online gambling. This is highlighted in Section 9(2) of the Gambling Act of 2003; it states that “remote interactive gambling” (online gambling) is illegal unless it is authorised under the Act. The only providers authorised to offer online gambling products are the Lotteries Commission (Lotto NZ) and The New Zealand Racing Board (TAB).

This policy expressly excludes offshore operators as it states “The prohibition is on remote interactive gambling in New Zealand and therefore does not prohibit gambling conducted overseas. For example, it is not illegal for someone in New Zealand to participate in gambling over the Internet if that website is based overseas.”

This has created a really difficult situation for Kiwis that do want to gamble online as they are forced to play at offshore casinos that vary greatly in their ethics regarding player protection. We have also seen a major increase in online gambling over this period. Which is in complete contradiction to the objective of the act itself.

How to bet online in New Zealand

We have previously covered how to play at online casinos in New Zealand and will therefore focus on the sports betting aspect here. There are two options for New Zealanders when it comes to betting on sports online.

  1. Play at tab.co.nz which is strictly regulated and operated from within New Zealand.
  2. Play at an offshore Sportsbook.

The tab is well governed and offers strong player protection mechanisms to ensure that problem gamblers are protected and that AML rules are adhered to. The downside is that it operates as a monopoly within New Zealand and offers players worse odds and very few bonuses.

Offshore Sportsbooks and Casinos operate in a much more competitive environment and therefore offer players better odds and a continuous stream of bonuses and promotions. The downside is that there is very little recourse for players that play at an unethical establishment. This can be minimised by doing research online but the risk is still very real.

Should you bet online?

The answer to this question is not a simple yes or no. Your risk appetite, ability to keep your betting under control and need for accessibility are going to be the determining factors.

If you are someone that does not suffer from any gambling addiction and has a reasonably high tolerance for risk, then online sports betting at an offshore operator is a good option for you. If you are less risk tolerant then playing at Tab is a good option but if you are someone with an addictive personality then we would recommend avoiding any form of gambling.

If you do feel like you could suffer from a gambling problem, please visit PGF.nz to get the support you need to overcome it.

Sports Betting in New Zealand

The regulatory framework for sports betting in New Zealand

The Gambling (Gaming Levies and Other Matters) Amendment Bill (the Bill) has received its third reading at Parliament. If enacted, the Bill would amend the Gambling Act 2003 (the Act) to provide for the regulatory framework for sports betting in New Zealand. It is important for stakeholders to understand the implications of the Bill and how it could affect them.
Why would New Zealand restrict sports betting?
At its essence, the New Zealand government sees the new law as protecting consumers from overseas competitors that undercut or enter the market with undue advantages. However, there is also another view: that the government is actually protecting the incumbent operators (Betfair, William Hill, Unibet, etc.) who have extensive web presence in New Zealand and the U.S., but whose websites are restricted by U.S. law.

Over the past 5 years, there have been interesting lawsuits all over the world between offshore sportsbooks and New Zealand law. Virtually every country has regulations when it comes to overseas sports betting. The U.K. is perhaps the most pervasive censor among the major European Union countries. There are additional bans in Australia, South Korea, Japan, and Taiwan.

Would there be a games section in the bill?
In order for the New Zealand government to pass any new laws, the matter has to be presented to the cabinet, which then drafts the legislation and sends it to Parliament for approval. This means that, ultimately, it is up to the government to decide if and how much regulation is needed.

Conclusion

This may seem like a negative outlook on online sports betting but it is not. We ourselves are big supporters of the opening up of online betting in New Zealand but until regulations come in that protect customers, from both the inherent risks that come with gambling and the monopoly that currently exists with New Zealand, we advice Kiwi’s to be cautious of where they gamble online.

 

Embraced Gambling, Esports Betting, Football Betting, Online Sports Betting, Sports, Sports Betting, Sports Betting in New Zealand
August 22, 2020

How to Increase Your Odds at Sports Betting Effectively?

Betting of any kind is enjoyed by punters throughout the world. Having said that, online sports betting is the one that people choose more than any gambling platform. There are many sports which you might have waged before. There are chances you might lose or win the bet. Whatever the case is, one thing is for sure that sports betting is one of the sports that are highly favored by the people. However, there are certain tips you may want to consider before heading to a sports betting platform. This article is all about a few of the steps you may want to consider to increase the odds of winning while sports betting.

Betting

Understand basic maths algorithms

The most crucial part of sports betting is to understand how the math works behind the betting platform. You may not like math, how the plus and minus works. But, when it comes to gambling especially sports betting you may take the initiative to study maths algorithms.

Sports

Study how the bookmakers make the odds

The next step is to learn how the bookmakers study and differentiate various odds on how to win at sports betting. A smart gambler will have a set of rules and strategy tips in hand to win at any sports betting. If you are a novice at the playground you may learn some from the experts before heading to the ground. There are many betting sites online as well as many articles that will give you the insight to which how to win a sports betting platform.

Don’t always bet on the team you support

The third one is to keep in mind never to bet on your favorite team. You may support a team and when you see the other team winning, it might increase the chances of regret in your life. So, to curb that, it is always recommended to move along with the strategy criteria that can help you win a few bucks.

bet

Betting through smaller websites

The other criterion is to start betting from small websites. You may as well have your favorite websites that may be popular and well-known around the world. Do not bet on those platforms. Instead, you can bet on small websites where the odds are many and give good prizes and outcomes. Since there are only many odds, the chances of you winning will also increase.

Bet at the accurate time

Don’t start betting as soon as you feel the team is winning. Instead, wait for the accurate moment where the greater odds are displayed. This will provide you with more chances of winning than losing. So, it is always necessary to be alert and wait for the correct time than jumping into conclusions.

Sports Betting