Bet365 is New Zealand’s most popular online bookmaker, behind the TAB, and it’s easy to see why. Bet365 has the most NZ and world sports betting markets of any online bookie. They also have superior odds, an awesome welcome bonus, and fantastic live streaming options. We highly recommend Bet365 and if this is the only online sportsbook that you use then you definitely won’t be disappointed.Read full review
“The New Zealand Racing Board has found it difficult to compete against offshore gambling operators in the online market because competitors offer better odds, a bigger product range and better services. As a result, a growing number of New Zealanders are placing bets with offshore betting agencies.” - Beehive Report, Oct 2015.
For a long time the TAB NZ has been the most popular sports betting organisation in New Zealand. Despite this, more and more New Zealanders are choosing to ditch the TAB NZ in favour of other NZ sports betting sites.
TAB NZ: Best Alternative Betting Sites
|Website: bet365.com||Founded: 2000|
|Owner: Hillside (New Media) Ltd||Headquarters: Stoke|
|Website: betway.com||Founded: 2006|
|Owner: Betway||Headquarters: Malta|
After launching in 2006, Betway quickly became one of the biggest online betting sites in the world. Today, Betway has over 2 million global players, and a huge variety of world and New Zealand sports including rugby, horse racing, cricket, and more. Betway’s consistent promotions and their many payment options are just some of the reasons why we love this bookie.Read full review
|Website: 888sport.com||Founded: 2008|
|Owner: 888 Holdings PLC||Headquarters: Gibraltar|
888sport may not be one of the most well-known bookies in New Zealand but it is definitely one of our favourites. 888Sport has made a name for itself as a sportsbook that offers great ongoing bonuses, heaps of sports betting markets and great live-betting and bet-building options.Read full review
|Website: leovegas.com||Founded: 2011|
|Owner: LeoVegas Gaming plc||Headquarters: Stockholm|
LeoVegas is well known for its top-notch online casino but its online sportsbook is also one of the best out there. As a relatively new player in the bookie game (2016), LeoVegas has gone from strength to strength and is widely regarded as the best mobile sportsbook. LeoVegas offers plenty of NZ sports betting options and with functional, engaging graphics, good customer support and competitive odds we rate LeoVegas highly.Read full review
|Website: 22bet.com/nz/||Founded: 2017|
|Owner: Marikit Holdings||Headquarters: Cyprus|
22Bet is one of New Zealand's newest betting sites (launched 2017) and it's already an industry leader for many reasons. 22bet has the biggest sign-up bonus in New Zealand, as well as plenty of other bonuses for existing customers. 22bet also has 52 different payments methods and is NZ's only cryptocurrency betting site. Overall, the breadth of markets offered by 22bet beats almost every other betting site with their Esports, TV and entertainment markets being especially strong.Read full review
|Website: guts.com||Founded: 2013|
|Owner: Gaming Innovation Group Inc.||Headquarters: Malta|
Guts may not be a household name in New Zealand yet but their sports betting website is one of our favourites. As well as offering a tidy $100 deposit bonus, Guts has really competitive sports odds for NZ sports as well as for top international leagues like the English Premier League. We think Guts' live-betting feature and cash out options are great and we've found that their sports odds are often much better than the TAB's. Guts' design is also unique and we really appreciate how clean and easy it is to use.Read full review
Frequently Asked Question about the TAB NZ
Alternative bookmakers to the TAB NZ are becoming increasingly popular in New Zealand but many Kiwis still have questions about the TAB NZ and why they should consider looking elsewhere for their racing odds and sports bets.
❓ What does TAB stand for?
TAB stands for Totaliser Agency Board and is the name that was given to Australia and New Zealand's betting (or totalisator) organisations when they were set up by the government.
A totalisator (or tote board) is the large betting/odds display board that you can find at race tracks.
👮 Who owns the TAB NZ?
The TAB is independently run but is heavily regulated and overseen by the Department of Internal Affairs.
In August 2020, TAB NZ took control of New Zealand's racing industry from RITA (the Racing Industry Transition Agency). RITA replaced the NZRB (New Zealand Racing Board) in 2019 and its purpose was to "enable the urgent changes required to drive the racing industry toward a financially sustainable future."
TAB NZ also runs TAB Trackside (the racing channel) and its revenue is generated from both TAB betting and TAB Trackside subscriptions.
🇳🇿 Is the TAB in New Zealand the same as the TAB in Australia?
No, but kind of. TAB NZ and TAB Australia are both betting agencies with a horse racing focus but they are completely separate entities.
All New Zealand TAB's are government-owned whereas most Australian TAB's are now privately owned.
📈 Where do I find the best sports betting odds?
There is no single answer to this question as all of the sites that we review have their own strengths and weaknesses. However, we can say confidently that the TAB has some of the worst odds available.
We think that Bet365, Betway and 888sport have great odds, especially when you consider their boosts, multiples and other promotional offers. Guts and LeoVegas are also great options for football and Esports betting respectively.
🏇 Does the TAB NZ have the best horse racing odds and fields?
Only sometimes. The TAB provides lots of racing odds for New Zealand racing fields but these aren't always the best odds available.
This is especially true for big NZ racing weekends like for the Auckland Cup Week and the New Zealand Cup and also for oversees racing markets. Both of these bookies also offer best price guarantees for UK and Irish racing markets and have live streaming options available for Kiwi punters.
🏉 What NZ sports betting site has the most sports?
Bet365 has the widest range of sports markets available for Kiwi players. This includes both NZ and international sports from domestic NZ cricket to Polish Table Tennis and FIFA World Cup football.
The TAB also has a lot of sports markets but it can't compete with these big international players.
📱 Is the TAB app the best betting app?
The TAB has a mobile app that can be downloaded from the App Store or from the Google Play store but after trying all of the NZ betting site apps available we actually prefer some of the others.
🔒 Is online betting and online gambling legal in NZ?
Yes. New Zealand's Gambling Act (2003) allows New Zealander's to bet and gamble online with any of the betting sites that we recommend. These sites have millions of worldwide customers and are completely safe to use.
TAB NZ News
Tired of mediocre odds and the same old promos at the TAB NZ? In this article we'll help you find the best new betting sites available in New Zealand! Read more
TAB NZ - Learn More
The TAB's daily racing fields, odds and results are a huge feature of the TAB NZ website. TAB NZ also has around 550 physical locations throughout New Zealand where punters can watch Trackside and other live sports.
Above we have listed some of the top alternative betting sites to the TAB. Below you'll also find a review and overview of the TAB in NZ with information on TAB NZ racing, TAB NZ odds and TAB NZ's History.
TAB NZ Overview
The TAB (Totalisator Agency Board) is New Zealand's only on-shore sports and racing betting agency. The TAB has been around since 1951 following a 1949 law change that allowed off-course betting in NZ. At this time, the TAB was the world's first governemnet-run totalisator wagering service.
Since then the TAB has grown from being a solely racing betting organization to offering thousands of NZ and international bets every day from 31 different sports. The TAB also runs Trackside, the horse racing channel in NZ, and has over 550 physical stores. The TAB's phone betting service was once popular but now most Kiwis prefer to use the TAB app.
The TAB has a monopoly over all New Zealand's on-shore betting which means it is the only NZ bookmaker that can have physical shops in New Zealand. When it come to online betting, the TAB faces tough competition from offshore sports betting websites and betting apps.
- Raceday betting at racetracks
- Physical stores
- Phone betting via TAB call centres
- Betting website
- Mobile Apps
Why we like the TAB NZ ✅
- The TAB contributes to grassroots NZ sport
- The TAB has good NZ racing offerings
One of the cool things about the TAB, like Lotto and Instant Kiwi, is that some of the money that you lose goes to supporting grassroots NZ sports and racing. After the TAB's 500+ staff receive their salaries, some of the TAB's profit is re-invested in the community. So, in a sense, when you lose with the TAB you are helping young Kiwi athletes.
The TAB began as a racing betting agency and this focus has stuck with them today. This means that all NZ racing fields are covered by the TAB.
The TAB has a huge market share in NZ which means that its odds are often not as good as some other racing betting sites, especially 888sport, Bet365 and LeoVegas which all offer best price guarantees for UK and Irish horse racing. However, you will still always find all NZ horse races on the TAB.
What we don’t like about TAB NZ ❌
- The TAB's odds are not good
- The TAB's sports offerings are limited
- Payment methods are expensive and limited
The TAB has a lot of customers in NZ but compared to some of the big sports betting companies out there they have very few customers. This means that their odds are often pretty poor as they just can't compete with the big-name bookies. The TAB's bad odds mean that your payouts and winnings are smaller with the TAB than they would be with other sportsbooks.
The TAB also can't compete with the range of sports offered by some of the popular sports betting sites that we recommend. Other sites have more sports, more countries, and more bets for specific sports than the TAB does. This means that multipliers and bets that you build are limited with the TAB and you have to stick to fewer betting options.
TAB payment methods are limited to Visa Card, Master Card and Mobile Banking/Online Banking. There is also a $2.15 fee for all Credit/Debit Card deposits. When you consider the range of payment methods that some of the bookmakers that we review offer, you see that the TAB falls short.
All of the sites that we review have no deposit and withdrawal fees and common payment methods include Visa Card, Master Card, Neteller, Skrill, PaySafe card, Poli and plenty more.
TAB NZ Verdict 👨⚖
The TAB is the most recognizable name for New Zealand sports betting and racing betting however we have found that the TAB falls short in many areas compared to offshore betting sites. For better odds, more sports markets, additional payments options, superior mobile apps and more generous bonuses check out some of the other online betting companies that we recommend on MyBettingSites NZ.
TAB NZ Alternatives - Best NZ Betting Sites
Bet365 NZ Sports Betting
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- The Best odds in NZ: Bet365 is the most popular global sports betting site and this is largely because they offer great odds and have the biggest range of sports markets.
- Fantastic mobile experience: The Bet365 Android and Apple apps are awesome betting apps. They load quickly, are easy to navigate and you can even watch live sports on them.
- Awesome live betting and live streaming options: Bet365 offers the most live sports matches of any bookmaker out there. This makes their live betting immersive, fun and informative and is great for Kiwis without a SkySport subscription.
Betway NZ Sports Betting
$60 matched Free Bet
- Better odds than the TAB: Given the tough competition in the international sports betting world, Betway consistently offers great odds that are almost always better than the TAB.
- Wide range of NZ and international markets: Betway has a huge range of NZ and international sports markets. From Super Rugby and international test matches to domestic cricket, football, racing and Esports. You'll find everything you want to bet on with Betway.
- Generous sign-up bonus and free bets: Betway has a tidy $60 free bet offer but also has plenty of ongoing free bet promotions, boosts, money-back specials and more.
There are 69 thoroughbred (gallops) clubs, 51 harness (trotting and pacing) clubs and 12 greyhound clubs that are licensed to race in New Zealand and there are over 10,000 individual races each year.
Horse racing bets vary and there are plenty of slang terms which can be confusing to new punters.
- Win - You pick the winner of the race. If they win, so do you.
- Place - You pick a horse to come 1st, 2nd or 3rd. Sometimes in races with less than eight runners place just means 1st or 2nd.
- Each way - You pick a horse to win and place. For example, a $5 each way bet is essentially one $5 bet on a horse to win and one $5 bet on the same horse to place.
- Quinella - You pick which horses will come 1st and 2nd in any order. A boxed quinella allows you to pick more horses than just two however, the more horses that are in your box, the more your bet will cost.
- Trifecta - Is like a quinella but you pick the first three horses in the correct order. A trifecta can also be boxed.
- First four - Is like a trifecta or quinella but you pick the first four horses in the correct order. A First4 can also be boxed and is sometimes called a superfecta.
- Double - You pick the winner of two consecutive races. You will win the Double Dividend if both of your picks win but you can still win the Concession Dividend if your first pick wins and your second pick comes second.
What is the difference between fixed and tote betting?
With Fixed odds, or Final Field odds, the odds that you get when you place your bet will be the odds that any of your winnings are multiplied by at the end of the race.
Tote betting odds change right up until the moment before the race. With tote betting, everyone's money goes into a pool and at the end of the race, only the winning selections are paid out from the pool of money. This means popular horses will return less while unpopular horses will return more.
Some of the biggest racing events in New Zealand are the Auckland Cup, New Zealand Derby, Karaka Million, New Zealand Guineas and New Zealand Oaks. Some of the biggest racetracks are Ellerslie (Auckland), Trentham (Wellington) and Riccarton (Christchurch).
TAB NZ Horse Racing Alternative Bookmaker
Top NZ Racing Betting Site
Bet $10 get $30 in Free Bets
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- icard Predicted Outcomes: See the predicted outcome for horse races with 888sports unique icard tool.
- Welcome Offer: Claim $30 in free bets to use on racing events after placing on $10 worth of your won bets.
- Best Odds Guarantee: No matter how the odds change before the race, receive the best odds on UK and Irish meets.
- Blog, Racing Tips and Previews: Read expert tipsters and find out everything you need to know about the daily race field with 888sports racing blog and previews.
- Live Streaming and Live Betting: Watch the action live with 888sport's live streaming capabilities.
888sport offers NZ punters a best price guarantee for UK and Irish horse racing bets.
The TAB offers Kiwis a lot of sports markets to bet on but for each match, there are often a lot fewer options than other betting sports betting sites offer.
For example, Betway offers over 30,000 sports markets every year and a range of betting options from simple win/loss bets, to specials, futures, margins, handicaps and much, much more.
Both Betway and Bet365 also offer plenty of specials and promotions like money back bets, increased odds offers, early payout bonuses and free bets.
- Horse Racing (Domestic NZ and international fields)
- Football (EPL, Champions League, A-League etc.)
- Super Rugby (Other rugby union matches including international test matches)
- NRL (Other rugby league matches including international test matches)
- Cricket (Test matches, international, domestic, T20 etc.)
- NBA (Plus domestic NZ and Australian basketball)
- Table Tennis
The All Blacks have the highest winning percentage (77.41%) of any international mens rugby team (1903-2019)
The default odds displayed on the TAB site are decimal odds. Some American odds are also displayed.
In general, we have found that the TAB's odds are some of the worst available on the internet. This is largely because they can't compete with big international sports betting sites that have many more customers and are much more profitable.
If you are looking for the best odds, stay away from the TAB
Maximising your odds means maximising your winnings and increasing your payouts. That is why it's so important to choose a bookmaker with the best odds.
For example, let's say that the TAB was offering 8.00 odds for the Blues to win Super Rugby Aotearoa while Bet365 was offering 10.00 odds for the same bet. A $50 winning bet would return $350 profit from the TAB while the same bet would return $450 profit from Bet365.
In this example, you can easily earn an extra $100 just by choosing the best sports betting odds from the best betting site.
All of the betting sites that we review have great odds.
Decimal Odds Explained
To calculate your payout from a bet using decimal odds you need to multiply your bet amount by the decimal odds amount. To calculate your profit, simply take your total winning payout amount and subtract your bet amount.
Bet Amount: $100.00
Decimal Odds: 2.50
Winning Payout: $100.00 x 2.50 = $250.00
Profit: $205.00 - $100.00 = $105.00
Fractional Odds Explained
To calculate your winnings from a bet using fractional odds you need to multiply your bet amount by the top number on the fractional odds amount and then divide that by the bottom number on the fractional odds amount.
Bet Amount: $100.00
Fractional Odds: 3/2
Profit: $100.00 x 3/2 = $300.00/2 = $150.00
American Odds Explained
When you bet on an underdog the American odds are always based on the winnings for a given $100 bet.
Bet Amount: $100.00
American Odds: 150
If you are instead betting on a favourite, the American odds will have a minus sign in the front which represents the money you need to risk to win $100.
Bet Amount: $150.00
American Odds: -150
NZ Betting Sites with Better Odds than the TAB NZ
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Min deposit of $10 using code 30FB • A qualifying bet is a ‘real money’ stake of at least $10 placed on any sports market • Min odds of 1/2 (1.5) • Free bets credited upon qualifying bet settlement and expire after 7 days • Free bet stakes not included in returns
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Multi Boosts up to 77%
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Great NZ and AUS Racing Odds
Due to Australian betting regulations, sign-up offers and other bonuses that are available cannot be displayed online
Australia's Most Popular Betting Site
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The TAB NZ betting app is available for free on the App Store and via the TAB website for Android devices. It can be used on both Apple and Android devices.
The TAB app is pretty good and like all of our favourite NZ sports betting apps it has live streaming capabilities, cashout options and live betting.
However, we get the impression that the TAB app is just a mobile version of their website.
This is because both LeoVeags and Bet365 designed their betting sites with a mobile-first approach. This means that their betting apps do not only look good, but they are easy to navigate, intuitive and simple.
The LeoVegas app is a great alternative sports betting app to the TAB app
TAB Betting App Alternative
Best NZ Betting App
$50 matched Free Bet
- Mobile-First Approach: LeoVegas has always been a 'mobile-first' betting company which means that their betting app is their top priority.
- Winner of Many Awards: LeoVegas has won plenty of awards for their app, brand, mobile site, operations and innovation.
- Live Betting and Live Streaming: LeoVegas' live-streaming options are plentiful, with over 10,000 live matches every year, cash-out options, live statistics and ever-changing odds, there's plenty to keep Kiwi punters happy.