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Sportsbet review:

Sportsbet

Weekly Bonus Bets
(AUD Only)

18+. T's & C's Apply.

Sportsbet overview

Mason Kelliher

Mason Kelliher

Sportsbet is Australia's favourite online betting site and for good reason. Sportsbet has odds for all New Zealand, Australian and International races as well as sports odds for just about any sport you can think of. These odds are very well priced and Sportsbet also has plenty of generous specials, bonus bets and promotions for NZ bettors. If your looking to bet in NZ, across the ditch or anywhere in the world, then Sportsbet is a great choice.

Sportsbet score

  • Tons of great ongoing bonuses and promotions
  • Top race betting site with extensive odds and tips
  • Heaps of NZ and Australian markets with competitive odds
  • No immediate sign-up bonus for Kiwi players
  • Withdrawal methods are limited for NZ players
Bonus offer
5/10
Betting variety
8/10
Mobile experience
7/10
Payment options
5/10
Betting experience
9/10
Support
9/10
Summary
7/10
Sportsbet quick facts
Website www.sportsbet.com.au
Game TypesSportsbook
Deposit methodsVisa Card, Master Card, PayPal, POLi, Skrill, Bank Transfer
Withdrawal methodsCredit Card, PayPal, Bank Transfer
Odds providerSportsbet
Betting functionsLive Betting, Cash Out, Multis
AppsApple, Android
SupportLive Chat, Phone, Email
OwnerFlutter Entertainment
Founded Year1993
HeadquartersMelbourne

Sportsbet Review

From the outset, it's important to understand that Sportsbet does not advertise a sign-up bonus because this practice has been outlawed since 2019 Australian betting regulations came into effect. However, Sportsbet does offer Kiwis (and any Aussies reading this) bonus bets a few days after signing up.

Now that we have cleared that up let's talk Sportsbet.

Sportsbet is the biggest online betting site in Australia and one of New Zealand's favourite international bookmakers.

With tons of local sports and racing odds and a wealth of ongoing bonuses and promotions its easy to see why. The Sportsbet site is easy to use, full of great information, racing tips and how-to guides. With heaps of live streaming options for Kiwis, there's not much to say against Sportsbet.

Why we like Sportsbet NZ ✅

  • Constant promotions and bonus offers for NZ bettors
  • Top horse racing site with tips and all NZ races
  • Endless New Zealand and Australian betting markets

Even though Sportsbet isn't allowed to offer a sign-up bonus it doesn't take long before the offers start coming in.

We love the generosity of Sportsbet and its definitely one of our favourite things about this NZ bookie.

To see the current offers available on Sportsbet simply head to the 'Specials' tab. Alternatively, you can go to your account and see all of your available Power Plays, Bonus Bets, Exclusive Offers and Specials. If you're in the middle of placing a bet these offers will also show up on eligible bet slips and can easily be clicked on and applied to your bet.

Sportsbet really shines when it comes to racing.

Whether its gallops, greyhounds or trotting you'll find every single NZ and Australian race on Sportsbet at great odds.

You'll also find almost all international racing fields. The Sportsbet Expert Tips section provides punters with race tips and with the Sportsbet Blackbook, you can save your favourite horses so that you'll never miss one of their races in the future.

Not only are racing fields covered extensively but New Zealand, Australian and International sports markets are also abundant on Sportsbet.

Sportsbet has no online casino so this may be part of the reason. Whatever it is, you'll find everything from domestic NZ football and cricket to international test matches, world cups and even Esports and political wagers on Sportsbet. Sportsbet also runs NRL and AFL Million Dollar Tipping competitions that are free to enter.

What we don’t like ❌

  • There is no advertised sign-up bonus for Kiwis
  • Withdrawal methods for NZ bettors are limited

Due to new regulations that came into effect in Australia in 2019, Sportsbet cannot advertise any sign-up bonuses. However, this law does not stop them from giving new customers bonus bets after they have signed up.

After creating a NZ account with Sportsbet we have found that they still offer bonus bets.

The fact that this bonus is not communicated clearly is a little off-putting, but rest assured that Sportsbet is a generous bookie and that they continue to treat their new NZ customers with various promotional offers and Bonus Bets.

Because they are based in Australia, Sportsbet's withdrawal methods for New Zealanders are somewhat limited. Figuring out the exact withdrawal options for Kiwis can be a little confusing however we have found that New Zealanders can withdraw NZD from Sportsbet to their credit card, bank account or PayPal account.

Also, note that only the android Sportsbet app is available for Kiwis and can be downloaded via the Sportsbet website. The Apple app is not available on the NZ App store.

Sportsbet NZ specials sports betting site

Sportsbet has heaps of features, bonuses and promotions for new and existing NZ customers

Sportsbet Sign-Up Offer

Weekly Bonus Bets
(AUD Only)

18+. T's & C's Apply.

Sportsbet NZ Sign-Up Bonus

As mentioned, Sportsbet is not allowed to advertise a sign-up bonus because of Australian betting regulations. Despite this, we have found that within a few days of signing up for Sportsbet, new Kiwi customers will receive a bonus bet via email.

To claim this post-sign-up bonus:

  1. Click the 'Claim' button above
  2. Create a Sportsbet account
  3. Tick 'Yes' to receive the Sportbook Weekly Members Newsletter and Bonus Bet offers

It's not all bad though. One of the great things about the new Australian betting regulations is that Sportsbet is not allowed to require any turnover/wagering requirements for bonus bets.

This means that your bonus bets only have to bet once before your winnings are eligible for withdrawal.

Sportsbet FAQ

🤔 Why does Sportsbet not advertise a sign-up bonus?

On May 26, 2019, a new Australian law came into effect that banned betting sites from advertising any sign-up offers to new Australian customers. While this shouldn't have affected Kiwis, Sportbet only has one website at Sportsbet.com.au and so all of its sign-up bonus advertisements were axed.

However, we have found that Sportsbet still offers new Kiwi customers bonus bets a few days after they have signed up - it is just not advertised.

🇳🇿 Is Sportsbet available in NZ?

Yes! In fact, Sportsbet is only available in New Zealand and Australia and it only accepts NZD and AUD. If you want to bet in New Zealand dollars then it is important that you choose NZD's when you sign-up with Sportsbet as your currency cannot be changed later.

📱 Does Sportsbet have a NZ app?

Only for Android. Unfortunately, the Sportsbet app is not on the NZ App Store or Google Play store. Sportbet's app can, however, be downloaded for android devices from the Sportbet website. We think the app works great, is easy to use and also great for watching live horse races and betting on the go. For all New Zealand Betting Apps, go to our betting apps page.

🔒 Is Sportsbet safe?

Yes. Sportsbet is Australia's most popular online betting website. It has been trusted by Kiwis and Aussies alike for over 15 years and has a betting license in the Northern Territory of Australia. The Australian betting market is also heavily regulated so you can be sure that Sportsbet is a reliable betting company.

❓ Is Sportsbet the same as the TAB?

No. While both are popular betting institutions in Australia, Sportsbet and TAB's are different. Sportsbet is a betting organization that is headquartered in Melbourne whereas TAB's exist throughout New Zealand and Australia. TAB NZ is NZ's monopoly on-shore betting agency and is owned by the New Zealand Government. TAB's in Australia have largely been privatised and are run as semi-independent betting agencies that vary state-by-state.

🏇 Are Sportsbet's racing odds good?

They are excellent. When it comes to racing, Sportsbet is right in its element. Sportsbet offers odds for every NZ and Australian racing field as well as most international races too. Gallops, Trots and Greyhound racing are all featured, as are daily tips, promotions and boosts. All NZ races are also live-streamed on Sportsbet. If you are going to have a flutter, choose Sportsbet.

Sportsbet Specials

My favourite thing about Sportsbet is that they are really generous when it comes to offering betting bonuses, promotions, increased odds and big-money prizes. Some of the most common Sportsbet offers are outlined below but for a full list of what up for grabs head to Sportsbook.com.au.

Bonus Bets

Bonus Bets are bets that Sportsbet gives you and they can earn you real money. There is no wagering requirement after you have received a bonus bet so they really are risk-free.

Australian regulations restrict Sportsbet from advertising a sign-up bonus. However, new Kiwi customers can receive a post-sign-up bonus in the form of bonus bets. To ensure that you receive your bonus, make sure that you tick the box when signing up that says Yes to receiving the Weekly Members Newsletter and exclusive Bonus Bets offers.

You can always change your preferences later by going to My Account, then Settings, My Details and finally Contact Preferences on the Sportsbet site.

Bonus Bets can also be given to existing customers for entering into various promotions, fulfilling specific betting requirements, or just as part of Sportsbet's weekly offers.

One common bonus bet offer is for horse and greyhound races whereby if you bet on a winner but they place 2nd or 3rd, you receive your stake back up to $50 in Bonus Bets.

Keep an eye on your account to see all of your available Bonus Bets.

Power Plays

Power Plays increase the odds, and thus the payout, for the bet that they are applied to. Other bookies might call these types of promotions boosts or odds enhancers.

New Kiwi customers receive two free Power Plays directly after signing up for Sportsbet. One can be used on Singles, Exotics or Multis while the other must be used on Multis. Sportsbet Power Plays are limited to one per day, one per event and don't accumulate.

However, we have found that Sportsbet gives their loyal customers new Power Plays all the time.

To use your Power Play, simply tick the Power Play box in your bet slip after selecting an eligible bet.

Sportsbet NZ Betting Site Horse Racing Power Play

Notice that Simon Says was paying 6.50 to win but with the Power Play enabled the new odds are 7.25

Million Dollar Tipping

Sportsbet's NRL and AFL Million Dollar Tipping is fun, free and a huge drawcard for punters in New Zealand and across the Tasman.

There's a share of $10,000 for each AFL and NRL round of the season, depending on how good your tips are and how many others picked the same as you. The best NRL and AFL tipper at the end of the year also wins $20,000 with the top 250 for each sport taking home a prize.

For a fun, free betting game, it doesn't get much better than Sportsbet's Million Dollar Tipping.

How Does Million Dollar Tipping Work?

Getting started with Million Dollar tipping is easy, free and can be done at any time, even halfway through the NRL or AFL season.

Here's how to play Million Dollar Tipping:

  1. Create an account for free at Sportsbet.com.au.
  2. Select NRL or AFL Tipping and register
  3. Give yourself a nickname and choose your favourite team
  4. Select the winning team for each of next weeks games and the winning margin for the Margin Match

You can change your picks at any time by clicking submit/update. You can also join private competitions with your friends and family.

The Million Dollar tipping prizes that available are:

  • $10,000 for each AFL and NRL round:
    • $7,500 split between the players who got every tip correct (or the highest amount of tips correct)
    • $2,500 split between the players who got the most tips correct and the closest to the correct margin in the Margin Match.
  • End of season prizes for the top 250 tippers in each sport:
    • 1st = $20,000
    • 2nd = $15,000
    • 3rd = $10,000
    • 4th = $7,500
    • 5th = $5,000
    • 6th = $3,000
    • 7th = $2,000
    • 8th = $1,500
    • 9th = $1,000
    • 10th = $500
    • 11th to 50th = $300
    • 51st to 100th = $200
    • 101st to 150th = $100
    • 151st to 200th = $50
    • 201st to 250th = $25
  • $320,000 worth of bonus bets throughout the tipping season

What is the Margin Match?

Each week, tippers must predict the margin of one match. If you get the most tips correct and the closest to the correct margin then you are eligible for a share of an additional $2,500 as explained above.

Multi Bonuses

Multis are bets that are combined so that the odds multiply, and so does your payout.

For this reason, Multis are great for punters who want to wager smaller amounts but who still want the chance to win big. There is increased risk with Multis because all of your bets must win for you to win.

Sportsbet NZ has a number of different Multi bonuses that make these bets even more lucrative, or sometimes less risky.

  • Some Sportsbet Power Plays can only be used on Multis and they increase your payout for no extra risk.
  • Same Race Multis allow you to combine multiple bets when you choose horses or greyhounds to finish in the top 4 in the same race.
  • Bonus Bets can be awarded for certain losing multi bets. e.g. when you bet on 3+ legs but one fails you can get up to $50 back in Multi Bets.

Early Payout

With Sportsbet's 4 Up or More promotion, if your NRL team is up by 4 or more at half time then you will receive an early payout up to $250, regardless of the end result.

Sportsbet Specials Sports Betting NZ

Sportsbet has plenty of new bonuses and promotions for NZ sports betting

Sportsbet Payment Methods

Sportsbet offers NZ bettors all the payment options that they need, but maybe not all the payment options that they want.

Thankfully, all deposits and withdrawals on Sportsbet are in New Zealand dollars. However, when signing up you must select NZD as your currency as this cannot be changed later.

Sportsbet NZ Deposits and Withdrawals

Sportsbet Deposit Methods

  • Visa Card (Instant)
  • Master Card (Instant)
  • PayPal (Instant)
  • Skrill
  • POLi
  • Bank Transfer

The minimum deposit amount is $5 NZD and the maximum is $100,000 NZD. Deposit limits can be set under your own account settings.

Sportsbet Withdrawal Methods

  • Credit Card
  • PayPal
  • Bank Transfer

Withdrawals usually take 3-5 business days. To withdraw funds, they must have been bet first. Also, know that you must verify your identity before you can withdraw from your Sportsbet account.

Note that Sportsbet is one of the only New Zealand betting sites that accepts PayPal.

Sportsbet NZ Verification

Before Withdrawing from Sportsbet you must first verify your identity. Sportsbet will try to automatically verify your identity based on the information you provide upon signing-up however we have found that this usually can't be done for New Zealanders.

Instead, Kiwis must manually verify their identity.

To verify your Sportsbet NZ account:

  1. Make sure you have made an initial deposit
  2. Log in to Sportsbet and go to My Account
  3. Click Get Verified
  4. Upload one of the required ID documents
  5. Enter your personal details
  6. Click Verify These Details

When your account has been verified your status will change from Not Verified to Verified and you will be able to withdraw any wagered funds.

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