How to Make Bets Online
As a hobby, online betting is rapidly growing in popularity. It offers a simple way to place bets on games, sports, and other exciting events from the comfort of your home.
Let’s cover everything you need to know to start betting online right away. First, you should learn how to locate a bookmaker capable of meeting your requirements and ensuring a hassle-free experience. Then, you must get acquainted with the regulations governing betting in New Zealand.
Have you ever placed bets before? Here’s what you’ll need to do:
- Find a perfect betting platform (bookmaker).
- Sign up.
- Research the most common betting strategies.
- Choose a payment method and the deposit amount.
Sounds simple, doesn’t it? Then, let’s delve into the sports betting odds to see how everything works and how much it pays out.
Bookmakers usually provide decimal odds, such as 1.50 or 2.00. Odds that are written in decimal form are easy to understand.
Any 2.50 decimal sports bet that wins $100 earns $250 from the bookie. In other words, you bet $100 and get $150.
American and fractional gambling odds can be easily seen online.
American odds display the unit’s + or – payment. +140 odds pay $1.40 for every $1 wager. To get $1 on -140 odds, you’ll need to invest $1.40.
Bet and win numbers, as well as fractional odds, are displayed openly. You may win $10 for every $1 wager with 10/1 odds. The fraction shows interest on the right and payoff on the left.
Now, it’s time to learn more about the industry as a whole, along with all its mechanisms.
Sports Betting in New Zealand
An increasing number of people in NZ are placing bets on sports, including cricket, tennis, rugby, soccer, the NBA, NFL, golf, racing, and others. This way, both new and experienced bettors get to take part in their favorite sports and events.
Everything you imagine is possible. Do you want to bet on Aussie Rules? Go straight ahead. Interested in snooker and darts, or maybe in horse races?
Get the best horse race tips and check out one of the suggested sites below. Rest assured, they will offer a wide variety of bets with good odds, even if the market you choose isn’t very common.
Sports enthusiasts may also gamble on elections, the stock market, and entertainment events across different platforms.
For example, people in New Zealand bet online on markets and current events, trying to guess who the next president will be, whether the interest rates will go up, and who will win the reality TV show.
Many have become very wealthy by betting on the Oscars and Grammys.
Mobile Betting Apps
Many top betting sites are mobile-friendly, allowing individuals to gamble anytime. You may check the game odds on your commute or bet on cricket at lunch.
Your favorite casino will always be accessible as long as you havea smartphone. With its help, you may wager on sports anywhere from Windows, Android, or Apple devices with access to the Internet.
Promotions and Bonuses
When bettors sign up for a new account and make a deposit, they receive a bonus that reflects the amount they invested. Even better, theycan earn more than one reward.
| 🎁 Bonus Type |
💲 Bonus Value |
🪙 Bonus Min Deposit |
⚡️ Wager |
| Welcome bonus |
From 100% on deposit |
5-10 NZD |
x5-x15 |
| No deposit bonus |
The bonus usually comes in the form of free bets |
No deposit is required for this bonus |
x3-x35 |
| Free bet |
From 3 free bet |
From 2 NZD |
Usually, such bonuses require wagering |
| Deposit bonus |
Bookmakers often offer bonuses on the first, second, and third deposits, with the bonus amount depending on the sum you invested
|
From 2 NZD |
These bonuses need to be wagered. The wagering conditions differ for each deposit
|
| Poker bonus |
Up to 100% match bonuses or free tournament tickets |
From 10 NZD |
x10-x30 depending on the offer |
| Loyalty points |
Points earned for every bet can be redeemed for bonuses
|
No minimum deposit required; points are earned with each bet
|
Points often need to reach a specific number to be converted into real money or bonuses
|
| Parlay bonus |
Extra percentage applied to winnings for multi-bet combinations
|
From 1 NZD per bet |
No wagering on the bonus, but the bet must win |
| Early payout bonus |
Payouts happen if the selected team leads by a certain margin during the game
|
From 5 NZD |
No wagering; bonus is paid as cash
|
| Bet boost bonus |
Increased odds on selected events or matches |
No minimum deposit, but the bet amount depends on the boosted event
|
No wagering; the boosted amount is paid directly
|
| Reload bonus |
From 25% to 50% on subsequent deposits |
From 10 NZD |
x5-x20 depending on the bonus terms |
| Refer-a-friend bonus |
Free bets or cash bonuses for referring new users |
No deposit required, but the referred friend must register and make a deposit |
x1-x5 for the referred friend’s initial deposit bonus |
Now, let’s review all the offers in detail:
- Sign-Up Bonus: Top sites often welcome new players with bonuses. Sports betting apps allow newcomers to explore their features without making a significant financial commitment, as they typically require just a $5 or $10 deposit.
- Deposit Match Offer: In casinos, deposit matches are the prizes whose value is equal to the amount you invested. Check out the rules to see what deposit is needed. Once you make it, you will earn site points.
- No-Deposit Bonus: The bonus comes before you make a deposit. Bettors get small site credits without paying anything when they sign up. No-deposit bonuses exist to attract new gamblers so they can explore a platform risk-free. This offer suits all bettors.
- Bonus Bet: Some casinos give site credits to new and current players. These points are awarded for betting or depositing a certain amount. Most bets are typically returned only if you win or lose at a sportsbook. Review the terms of a platform to understand its offer better. The beginners will love this deal.
- Second Chance Bet: A qualifying bet gives users a second chance to win if their first wager fails. If your second shot wins, you’ll get your money back. This offer is often known as an extra bet.
- First-Bet Offer: If you didn’t win, first-bet offers let you get your money back and try again. Remember that this bonus only works when you lose.
- Early Payout Offer: Some casinos pay out early on certain games and/or bets. Early returns depend on specific events, such as a straight bet paying off if an NBA team gets a 20-point lead.
- Referral Bonus: This offer rewards the app users who help their friends become new customers. “Refer a Friend,” or referral rewards, give players who share a link and persuade others to join a prize like a bonus bet.
- Reload Bonus: A reload bonus is given when someone adds more money to their account. This player can get extra bets or any other bonus the casino picks.
- Profit and Odds Boost Tokens: Putting a profit boost coin into a bet can help you win more money. The bonus usually applies only to one type of bet, like a 50% bonus for a mix of bets on the same game.
- Loyalty and VIP Programs: VIP and loyalty perks are designed for high-stakes gamblers. Frequent wagering earns them loyalty incentives, such as special service features, bonuses, quicker transactions, and money assistance.
| 💳 Payment Options |
✂️ Fee |
📉 Top-up limits |
💸 Payout Limits |
⏳ Processing Time |
| Debit and Credit Cards (MasterCard/Visa) |
2-3% |
2-10 000 NZD |
15-10 000 NZD |
1-3 Banking Days |
| Prepaid Cards (Paysafecard, Neosurf) |
0% |
10-1 000 NZD |
Most sites do not support withdrawals to prepaid cards |
Instantly |
| Local payment systems (POLi, EFTPOS) |
1% |
5-10 000 NZD |
10-10 000 NZD |
Instantly or up to 24 hours |
| E-Wallets (Neteller, Skrill) |
0% |
2-20 000 NZD |
10-20 000 NZD |
Instantly or up to 24 hours |
| Apple Pay |
0% |
2-20 000 NZD |
10-20 000 NZD |
Instantly |
| PayPal |
2-3% |
10-20 000 NZD |
10-20 000 NZD |
Instantly or up to 24 hours |
| Cryptocurrency |
0% |
2-50 000USD |
5-100 000USD |
Instantly |
| Bank Transfer |
1-3% |
50-100 000 NZD |
100-100 000 NZD |
1-5 Banking Days |
Betting Options (Live Bets, Handicap, Accumulator Bets, etc.)
The excitement of live betting, the strategic considerations of handicap bets, and the potential for getting significant earnings with accumulator bets all contribute to a more engaging sports betting experience. Each approach has its unique benefits, so let’s check them out.
Live Bets
Live betting, also known as “in-play betting,” allows you to change your stakes based on the game’s situation and score. This improves the viewing experience for those who appreciate the opportunity to make rapid, informed choices.
Handicap
Handicapping eliminates injustice in sports, especially when there is a clear favorite. By offering the loser a “head start” or a “deficit,” handicap betting creates a more balanced competition between the winner and the underdog.
Handicap bets might help you if you think the favorite will win but hope for different odds. It also helps when you realize that despite popular belief, the teams are tightly matched.
Accumulator Bets
Accumulator bets, sometimes called parlays, combine several bets. The accumulator pays out if all choices win.
For instance, consider betting on four matches. The odds multiply with each choice, elevating the payment if all your bets win. If a pick fails, though, the investment will be lost.
Accumulator bets are for folks who feel up to a challenge and wish to turn small sums into big wins. Such bets are risky yet deeply rewarding.
