Sports

September 10, 2022

How to Win at Sports Betting in New Zealand

Anyone can become a successful sports bettor with the right approach. This blog post will provide some tips on how to win sports betting in New Zealand. First and foremost, it is important to understand the odds and betting lines for the sport or event you are wagering on. It is also crucial to do your research before placing any bets, as this will give you a better chance of winning.

Understand the odds and betting lines for the sport or event you are betting on

When betting on sports, it’s important to understand the odds and betting lines for the sport or event you are wagering on. In New Zealand, sports betting is becoming increasingly popular, with a growing number of online and mobile bookmakers offering a wide range of markets. To stand a chance of winning at sports betting in New Zealand, it’s essential to have a good understanding of how different types of bets work.

In this case, the odds are determined by the bookmaker’s prediction of whether a particular team will win. The odds of betting on the outright winner of a match or event depend on several factors, including the quality of the two teams playing and how high the stakes are for each team. In many cases, you can bet on the first or second-half winners, as well as betting on in-play, or live odds.

Others like to bet on a margin of victory, for example, a team could be 1-10 favourites to win with the odds at 2-1 for a win by 5 or more goals. Others still can’t decide who they think will win and instead like to bet on which player will be the highest scorer or set the most runs. In New Zealand, the most popular sport in terms of betting on sports is rugby union, followed by rugby league, cricket and golf.

Before you make any bets, make sure you’ve done your homework

Be sure to do your homework before betting on any sports in New Zealand before you place any bets. This includes researching the various types of wagers that are offered as well as gathering information about the teams or sportsmen that you are considering placing a wager on.

Because gambling can be dangerous if it is not done responsibly, it is critical to establish and adhere to a financial limit before beginning any gambling session. Winning in sports betting in New Zealand, on the other hand, is not impossible if one makes adequate preparations and does adequate research.

Manage your bankroll wisely

Managing your bankroll is one of the most essential aspects of betting on sports, and this is something you should always keep in mind whether you are just starting or are an experienced bettor. It’s necessary to go into sports betting with a clear plan for how much money you’re ready to spend, and your bankroll is effectively your betting budget.

When it comes to effectively managing your bankroll, you can use any one of several different techniques. One strategy that is frequently used is to partition one’s bankroll into several smaller units and then bet no more than a predetermined proportion of any one unit on any particular stake.

Be patient and disciplined with your betting

When it comes to beating the odds and coming out on top when betting on sports in New Zealand, the single most important thing to keep in mind is to maintain a patient and disciplined approach to your wagers. If you don’t take the time to do your homework or speed through the process, you’re more likely to end up losing money on your wager because there are a lot of moving parts involved in winning one.

Instead, you should take your time placing wagers and concentrate on accumulating incremental gains throughout the game. One can achieve success as a sports bettor in New Zealand by exercising self-control and remaining patient.

Be aware of sportsbooks and know how to place bets

Many people are terrified of sports betting because they fear it will be too complex for them to understand. However, the truth is that anyone can learn how to wager on sports and have fun doing it!

This blog post is one of several resources available to help you get started. Your first step should be to find a reputable sportsbook. Make enquiries with numerous online sportsbooks to find one that offers the wagers you want and has a good reputation.

Spend some time becoming acquainted with the website’s design after joining up. All of the major sporting events have betting lines, and you can even bet on non-sporting events such as who will win an award or who will perform the halftime show at a given event. To learn how to gamble properly, spend some time reading about it. Examine the various types of bets, paying special attention to the odds and payoff schedules.

Sports, Sports Betting in New Zealand
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
September 17, 2020

4 Best Sports Favored by “Kiwis”, New Zealand

Inhabiting over 4.5 million people, New Zealand has some amazing food, sports, destination, and culture that can hype you to visit the land. Along with the sports craze, the land is home to Maori culture. Sports are one of the reasons why New Zealand is known around the world. Some of the known sports crazes of the country are rugby union, rugby league, cricket, football, basketball, and lastly netball. They have also found a special place within the Commonwealth countries. Apart from these games and sports, there are also other games embraced by the country. Squash, golf, hockey, tennis, cycling, and many water-based games being a few of them. In this post, we will be discussing some of the famous sports played in New Zealand.

  1. Rugby: Rugby is one of the chief sports favored by the people in New Zealand. They have even won many trophies including the World Cup in England three times in the year 2015. They also have women team for the same that was received by the contractors on a high level.

Rugby

  1. Netball: The second sport that has the most supported audience is none other than the Netball game. It shows similarity with basketball and is considered as one of the games initially flagged and played as a variation from the basketball game. The sport has more than 60 teams throughout the world. New Zealand is one of the top countries to have the best Netball team. Since the game is very short that can be played for an hour or so, it also gathered a lot of spectators. Even though Netball is a healthy sport in New Zealand, it is not as much appreciated as Rugby or Cricket, which we will discuss below.

 

  1. Cricket: First thing first, New Zealand is one of the best countries to have an amazing team while considering Cricket. Cricket and Football are two of the major liked sport of the majority of the people around the world. The game consists of players, bat, ball, sixes, and fours. Even though Cricket is a bit longer than the other sports, it has made an effort to gather many audiences around the world. The sport is loved by people of all kinds in the country. Not only that, the New Zealand team even has audiences and love throughout the globe.

Cricket

  1. Basketball: The last on our list is Basketball. It is one of the sports that grew no boundaries and attracted many players and viewers across the globe. The most fascinating fact of New Zealand is that the country even has a team named New Zealand Breakers that competed in the world-famous NBL, National Basketball League of Australia.

Conclusion

The above-given list is only the majority of the games loved by the audiences, apart from these there are many other games and sports mentioned in the introduction that has developed a keen interest in the viewers.

Sports