Betting Site Bonuses

Best Betting Sign Up Bonuses

1. 888sport → $30 free bet sign up bonus + additional free bets, boosts, multipliers
   
2. Bet365 → $100 sign up bonus + early payout offers, multi bonuses, money-back offer
   
3. BetVictor → $100 free bet sign up bonus + daily odds boosts, free bets, VIP promos
4. Betway → $150 free bet sign up bonus + weekly free bets, boosts, money-back offers
5. LeoVegas → $50 free bet sign up bonus + additional free bets, multi boosts
   
6. FansBet → $3000 sign up bonus + boosts, free bets, casino bonuses
7. 22bet → $250 sign up bonus + reloads, losing bonuses, rebate bonuses
8. TonyBet → $150 sign up bonus + reloads, cashback offers, boosted odds

Sign-up bonuses usually come in two forms: free bets and deposit bonuses. All the best sports betting sites offer these awesome welcomes bonuses to new Kiwi punters. These terms mean similar things but there are some important differences which are explained below.

‘Sign-up’ or ‘welcome’ bonuses are usually the best offers that you will receive from a NZ betting site.

The top sports betting sites also give out various other betting bonuses and specials as part of ongoing promotional betting offers, and these can be claimed by both new and existing players.

As the name suggests, free bets allow players to place bets, for free.

A free bet is probably the most common betting site bonus that you can receive and free bets can be given to both new customers and existing customers. To be eligible for free bets you usually have to place an initial qualifying bet.

It is important to understand how to qualify for and use, a free bet before you get started.

Deposit or wager

• Most of the time, you will have to make a deposit, or place a bet, in order to qualify for a free bet. This means that they aren’t really ‘free’. However, once you have received a free bet, you no longer have to wager your original deposit.

Qualifying requirements

• Another important thing to keep in mind is that qualifying bets often have minimum odds requirements, a minimum bet amount and can be limited to certain sports markets.

Free bet value

• Some free bets are for fixed amounts, others are matched by the bookmaker based on what you bet/deposit. A 100% matched free bet means that you will receive the same amount you deposit/bet in free bets.

Free bet or free bets

• Sometimes free bets are given to you as a series of free bets, rather than one big free bet. For example, 888sport offers $30 in free bets. However, instead of one $30 free bet, they give customers three different $10 free bets to use for separate wagers.
  

Terms and Conditions

• Different betting sites have different requirements when it comes to where free bets can be placed and when funds can be withdrawn. Make sure to check where your free bets can be placed and when they expire so you don’t lose them.

Betting site deposit bonuses are usually only given to new customers.

When a bookie offers a ‘Sign-Up Deposit Bonus’ or ‘Welcome Deposit Bonus’ it means that they will match your first deposit with bonus bets.

A betting site might match your deposit by 100%, or by a higher or lower percentage like 200% or 50%.

For example, a betting sign-up bonus offer that is a ‘100% matched deposit up to $100’ means that the sportsbook will give you the same amount in bet credits as you deposit. If you deposit $50, the bookmaker will add $50 worth of bonus bets to your account.

Some bookmakers will require you to both deposit and place a bet before you can access your bonus bets.

Other bookmakers have wagering requirements meaning that you might need to place multiple bets before you can claim your winnings. If there is a wagering requirement of 4x on $100 of bonus bets you will need to place bets until your bonus bets are $400 before you can withdraw your funds as real cash.

It’s important to note that different betting sites have different requirements for their sign-up bonus offers.

Check to see if your sign-up deposit bonus has a wagering requirement or a betting requirement. All bookies also have minimum deposit requirements and expiry dates so make sure you cash in your bonus before you lose it.

The best betting sign-up bonus that you will find is the ‘No Deposit Bonus’.

These types of offers are rare for sports betting sites but they do come around every once in a while.

A no deposit bonus is a special type of welcome bonus whereby you will receive bet credits without ever making a deposit or without ever placing a bet.

Often these types of betting bonuses have higher wagering requirements because betting sites take all the risk with these offers. Qualifying bets might be limited to a few sports, or bets with higher odds and less chance of winning.

To find the best no deposit bonuses available, check the ‘Offers’ or ‘Promotions’ pages of different bookies or check our bonus offers list as we will update it when any new offers become available.

No deposit bonuses are much more common for online casino sites.

Because there are no 'no deposit bonuses' available right now we have taken the liberty to list all of the 'low deposit bonuses' New Zealanders can get below. All of these bonuses require a minimum deposit of $10 except for 22bet's bonus which can be unlocked after depositing just $2.

When I'm trying to decide which betting sign-up bonus is the best I look at these 3 things:

Wagering Requirements

Depending on the betting site that you choose, and the type of sign-up bonus or betting offer that they give you, there will likely be a wagering requirement.

Wagering requirements may also be referred to as ‘playthrough’, ‘turnover’ or ‘rollover’.

Wagering requirements are most common for deposit bonuses and less common for free bets although they might be a part of either offer.

You'll often find high wagering requirements on casino bonuses and much smaller wagering requirements on sportsbook bonuses.

A wagering requirement is usually given as a multiple. For example, a wagering requirement of 5x (5 times) means that your bet credits must be wagered, or bet, 5 times before they can be withdrawn.

Let’s say you receive a $100 no deposit bonus with a wagering requirement of 5x. You must place $500 worth of bets, with this initial $100 bonus, before your winnings are eligible for withdrawal.

Minimum Odds

Free bets and deposit bonuses often have a minimum odds requirement.

Sometimes your qualifying bets need to be placed on games that meet this minimum odds requirement, in other cases, the bonus credits or free bets received must be placed on games with this minimum odds requirement.

Simply, a minimum odds requirement refers to the lowest odds that you can bet on.

Bet365’s minimum odds requirement needed to qualify for their sign-up bonus is 1.20 (⅕). This means your qualifying bets must be wagered at odds of 1.20 or higher in order to receive your bonus credits.

Bonus Expiry Date

All bonus and free bet offers have an expiry date so keep this in mind. There might also be multiple expiry dates attached to a bonus offer.

For example, with Bet365 you have 30 days to make your first deposit and place a qualifying bet in order to receive your matched bonus credits. You then have 90 days to use your bet credits before they expire.

Other online betting sites have shorter expiry dates, typically ranging from 48 hours to 30 days so make sure you read the terms and conditions so you don’t waste your free bets or bonus bets.

Deposit Methods

Some online betting sites will only give you free bets or bonus credits if you use one of the deposit methods that they list in their terms and conditions.

Eligible Markets

Some bookies restrict the markets, leagues and sports where bonuses can be used. Sportsbooks may also limit the use of bonus funds and free bets from specials, accumulators, boosts and other betting offers.

Sign-up bonuses and welcome bonuses are not the only betting offers that online betting sites give to Kiwi punters. Read on to learn more about other betting offers and betting promotions that you will find on many of the best NZ sportsbooks.

Betting Offers: Money-Back Bets

‘Money-Back Bets’ or ‘Risk-Free Bets’ are available on many betting sites and are great for people who want a little extra insurance when taking a punt.

Put simply, when you place a money-back bet and your bet loses you will be refunded part, or all, of your original stake. If your bet wins, you keep your stake and your winnings.

With money-back bets, your money is often refunded in the form of bet credits or free bets.

This means that you must wager your stake again in order to receive your funds.

Often, money-back-back bets have minimum wagering requirements, minimum odds amounts and are restricted to specific markets so make sure you understand the T’s & C’s before you place a money-back bet.

Betway and Bet365 are two NZ sportsbooks that offer consistent money-back promotions.

Betting Offers: Best Price Guarantee

‘Best Price Guarantees’ or ‘Best Odds Guarantees’ can be found on a few online betting sites, particularly within the horse racing betting market.

With best price guarantees, the odds that you receive for winning bets will be maximised.

This means that if the odds increase, or decrease, between the time that you place your bet and the time that race starts, you will receive the best of the two odds.

Best price guarantees are a great way for punters to get the best odds no matter when they place their bets.

Both 888sport and Bet365 offer best price guarantees for horse racing abroad.

Betting Offers: Boosts

Utilizing boosts and enhanced odds are a great way for punters to maximise their returns on sports bets.

Basically, boosts give you better odds and therefore increased winnings for particular bets.

While most of the betting sites we review have better odds than the TAB already, these enhanced odds often blow the TAB out of the water.

All the best sports betting sites offer boosts and enhanced odds and these odds differ by the bookie you choose. Therefore, when looking for odds and boosts its nice to have an account with a few of the best bookmakers so you can compare their offers and place the bet that is going to give you the highest payout.

Both Betway and LeoVegas offer boosts for many of the top sports leagues and competitions including for the EPL, Open tennis and Super Rugby.

More Betting Site Promotions

Other popular betting site bonuses include specials, accumulator bonuses and parlay bonuses. All of these offers give you the chance to increase your winnings and are usually displayed on a betting site under the ‘Promotions’ or ‘Offers’ tab.

Some betting sites also offer, ‘Early Payout’ or ‘Cash Out’ options when a team or player is up. In these instances, the sportsbook will pay out your bet early for a decrease in winnings but a guaranteed return.

Some bookmakers also give out unique promotions for punters on their betting apps. Check out New Zealand's best betting apps here.

The best online betting sites in NZ also have online casinos that offer lucrative sign-up bonuses for new customers.

Casino sign-up bonuses may be awarded as free spins, gambling credits or a mixture of the two.

Most online casino sites also hand out free spins and other promotions for existing players.

Kiwis’ favourite casino bonus is the ‘No Deposit Casino Bonus’. This type of casino bonus can be hard to come by and generally it is only given to new customers.

A no deposit casino bonus is when an online casino gives players bet credits, or free spins, without them having to deposit or wager any of their own funds.

888casino has been known to offer new Kiwi gamblers a no deposit casino bonus, although they currently do not have this offer available.

We update our list of the top casino bonus offers regularly so check it often to make sure that you capitalize on one of these deals when it next comes around.

Free spins can be awarded to players for signing up for an online casino, for playing slot games regularly, or as part of any other online casino bonus offer.

Free spins can be used on slot games.

Instead of paying for each spin on an online pokie machine, you can use free spins to play for free.

When you receive a free spins bonus there will likely be additional requirements for its use. Free spins may only be available on certain online slots, there may be an expiry date attached, and your winnings may be capped.

To get all the value from the free spin tokens you have been awarded make sure to check the terms and conditions of the casino’s bonus offer.

Many online casinos also have free slots. Free slots can be played without wagering any money and are played just for fun.

Most online casinos have free slots that you can play with 0 risks. Look out for a ‘Free Slots’ tab or ‘Demo Mode’ on your favourite online casino to play free slot games.

With over $1000 of sign-up bonuses available and consistent ongoing promotions, we think that the Betway casino is awesome for people who are tired of playing Powerball and $1 scratchies and want to get amongst Betway’s 400+ online pokies.