Popular Sports To Bet On In New Zealand In 2024
Online sports betting is rapidly gaining popularity in New Zealand. To help you get in on the action, this guide covers top betting sites like Betway, Palmerbet, and Picklebet. Our aim is to help readers understand the best options available and how to get started with online sports betting.
| # | Site | Bonus | Bet | |||
|---|---|---|---|---|---|---|
| 1 |  | Betway |  | 5/5 | Up to $60 NZD | Bet now Review |
| 2 |  | Picklebet | | 4.9/5 | Login to see promotions | Bet now Review |
| 3 |  | Palmerbet | | 4.8/5 | 100% Match | Bet now Review |
Popular Sports in New Zealand
Several sports in New Zealand attract bettors due to their rich history, widespread popularity, and frequent high-stakes matches.
Rugby
Rugby is the premier sport in New Zealand, with events like Super Rugby and the Rugby Championship drawing massive audiences. Betway offers extensive markets on rugby matches, providing odds on everything from match winners to individual player performances.
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Horse Racing
Horse racing is a traditional betting favourite, with events like the New Zealand Cup and the Karaka Million being major highlights. The thrill of betting on horse races, with its diverse range of betting options and expert horse racing tips on hand, continues to captivate enthusiasts. All the mentioned betting sites, particularly PalmerBet, offer extensive horse racing markets.
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Cricket
Cricket is another favourite, especially during major events like the ICC Cricket World Cup and domestic competitions such as the Super Smash. Palmerbet and Betway cater to cricket enthusiasts with comprehensive coverage and competitive odds.
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Football
Football’s global reach extends to New Zealand, with the A-League and international tournaments like the FIFA World Cup being particularly popular. Betway and Picklebet provide extensive football betting options.
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Netball
Netball has a strong following, especially with events like the ANZ Premiership. Bettors enjoy netball for its fast-paced nature and clear betting opportunities on match outcomes and player performances. Betway offers dedicated netball betting markets.
The Advantages of Online Betting
Online betting offers unparalleled convenience and accessibility compared to traditional methods. Instead of visiting physical betting shops, bettors can place wagers from the comfort of their homes or on the go. Betway, Palmerbet, and Picklebet enhance this experience with user-friendly features such as live betting and mobile apps. Live betting allows users to place bets in real-time as the action unfolds, adding an exciting dynamic to the experience. Mobile apps from these platforms ensure that bettors can access their accounts and place bets anytime, anywhere.
In addition to convenience, these platforms offer attractive bonuses and promotions, such as welcome bonuses, free bets, and loyalty rewards, which provide extra value to users. Security is another significant advantage, as these sites operate on regulated platforms that ensure safe transactions and protect user data with advanced encryption technologies.
Get Betting At Betway
The variety of betting options available online is extensive, covering a wide range of sports and events. From major leagues like the Super Rugby and ICC Cricket World Cup to niche markets, there’s something for every bettor. Competitive odds further enhance the appeal, often offering better value than traditional betting shops.
Online betting through platforms like Betway, Palmerbet, and Picklebet provides a secure, convenient, and diverse betting experience, making it the preferred choice for many bettors in New Zealand.
New Zealand Sports Betting Facts
In New Zealand, sports betting is a thriving industry, with thousands of bettors participating regularly. In fact, Statista tells us that revenue is set to reach NZ$469.44 million this year!
Sports betting has a long history in New Zealand, with the introduction of TAB (Totalisator Agency Board) in the 1950s. Today, sports betting is legal and regulated by the New Zealand Racing Board.
One unique aspect of New Zealand’s betting culture is its strong affinity for international sports, such as rugby and cricket, alongside domestic events. While local sports leagues like the Super Rugby and ANZ Premiership are popular, international tournaments like the Rugby World Cup and ICC Cricket World Cup also attract substantial betting activity.
Overall, sports betting plays a prominent role in New Zealand’s sporting culture, providing entertainment and excitement to both casual and dedicated bettors alike.
How to Calculate Your Winnings from a Wager
Calculating potential winnings from a wager involves multiplying your stake by the odds. In New Zealand, odds are typically presented in decimal, fractional, or moneyline formats. For decimal odds, multiply your stake by the decimal number. For fractional odds, divide the numerator by the denominator and multiply by your stake. Moneyline odds indicate how much you need to bet to win $100 (negative) or how much you’ll win from a $100 bet (positive).
For example, if you bet $50 on odds of 2.50:
- If you use the decimal format at Palmerbet or Betway: Potential winnings = $50 x 2.50 = $125
- Using the fractional format at Palmerbet: Potential winnings = ($50 x 5/2) = $125
- If you’ve opted for the moneyline format at Picklebet: Potential winnings = $50 x (+150/100) = $75
- Understanding odds and potential payouts helps manage expectations and make informed betting decisions.
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Unlock Your Betting Potential Today
In this sports betting guide, we’ve explored the world of online sports betting in New Zealand, covering popular sports, the advantages of online betting, and how to calculate winnings. Explore Betway, Palmerbet, and PickleBet to start your betting journey responsibly today. Remember to bet responsibly and seek help if needed.