How Does Betting Online Work? How to Use New Zealand's Best Online Bookmakers

Not all New Zealanders know how to do betting online and not all New Zealanders know that there are are heaps of legal, safe online bookmakers out there for them choose from.

So how do you bet online?

Sports betting online is easy. Simply choose one of the online betting sites that accepts New Zealand players, sign up, deposit some money, choose a betting market and you're good to go!

If you're ready to give it a go then here's a list of the best online bookmakers in New Zealand, otherwise you can jump to the bit where we talk about how betting online works in more detail.

New Zealand's betting industry is a funny place.

Everyone knows about the TAB NZ where you can place sports and racing bets at physical stores, on the phone, or online at the TAB website.

However, New Zealand also has a bunch of international online betting operators that also offer sports and racing bets to Kiwis in New Zealand dollars.

So why should you start betting online?

Without trying to be dramatic, betting online is the way of the future.

When you bet online you have access to better betting odds, more betting markets (like live betting markets and international betting markets), more betting bonuses (like free bets and sign up bonuses) and more betting features (like live streaming and cash out).

In fact, all of the online bookmakers on this page offer high odds, heaps of markets, lots of features and great bonuses which is another huge plus to betting online - you are no longer confined to betting with the TAB NZ.

We also think that betting online is much easier and more convenient with quick online payment options and mobile betting applications.

Overall, online betting is for Kiwis who are passionate about sport, who want to have a little fun while watching their favourite sports teams, and for those of us who are living in the future.

Betting online is just like betting at a TAB store.

You wager money (bet) on the outcome of an event with the hope of being right. If the outcome that you bet on happens, you will get you bet stake back plus your winnings.

Betting Winnings = Your Bet Stake x The Betting Odds

If the outcome that you bet on loses then you will only lose your bet stake.

This means that you should always only bet as much as you are willing to lose.

You can bet on many different outcomes of sports or racing events like which team/horse will win, how many goals/tries will be scored or even what the exact final score of a match will be.

If you know what you are doing, sports betting online can be fun and profitable!

How to start betting online:

1. Choose one of New Zealand's online bookmakers
2. Sign up and crate a free account
3. Deposit money & claim your sign up bonus
4. Place a bet & use you sign up bonus
5. Easy as!

By now you should have a pretty good idea of how online betting in New Zealand works. Below we've provided a quick overview of different terminology that's important to understand when betting online.

Also called online bookmakers, betting sites, sportsbooks or some combination of these words, online betting sites are the internet websites where you can place bets.

You can sign up with online sports betting sites in a few minutes by entering some basic personal information - its just like creating a Facebook account and there's no obligation to play after signing up.

New Zealand has heaps of great online bookmakers that accept Kiwis and use New Zealand dollars.

Online betting markets refer to the outcomes that you can bet on at online bookmakers.

There are thousands of online betting markets you can bet on like the winner of a match, the first player to score, the method of dismissal and the even the number of fouls.

Sports aren't the only thing you can bet on online, you can also bet on horse racing, reality TV shows and even the weather.

Online betting odds represent the winnings you will receive should you place a correct bet.

Betting winnings are calculated like so:

Betting Winnings = Your Bet Stake x The Betting Odds

The higher the odds, the more you will win. However, high odds also mean that a bookmaker thinks the outcome is less likely to occur.

Successful bettors often look for high odds where they think the bookmaker has made an error and bet on these outcomes.

You'll also find higher odds at some bookmakers compared to others. For example, the online bookmakers on this page generally have better odds than the TAB NZ.

Online betting bonuses are are given out by online bookmakers to encourage new punters to sign up, or to encourage old punters to keep playing.

You can get many different types of online betting bonuses from free bets and deposit bonuses when signing up (see below) to boosted odds, money back offers and risk free bets.

Generally to claim betting bonuses you have to deposit and bet some money first. Read the Ts & Cs of your online betting bonus to learn more.