Sports Betting Bonus Guide 2018
Check the list above for top sports betting bonuses for Kiwis.
Online sportsbooks are not shy to lure you in with lucrative bonuses. They have money to spend, and if you’re smart, you can get (even a lot of) extra money to bet with. Especially if you’re new to the game looking for the best bonus offers is the best thing you can do.
Here’s the three most common type of sports betting bonuses available for New Zealand players:
- Deposit deals
Deposit to receive more money to bet with. For example: deposit $50 to receive $50 bonus and bet with $100.
- Risk-free bet
Make a bet. If you win, you keep what you won. If you lose, the betting site pays you back.
- Free bet
The sportsbook provides you with free money to bet with. Most often you get to make a $10 – $20 free bet after making your first real-money bet.
The promotions have terms and conditions, which you have to meet before cashing out. More about them below.
New Zealand Deposit Bonuses
Deposit bonuses match your deposit with bonus money you can bet with. These promotions hand you more extra betting money than any other kinds of promotions.
When you sign up to a betting site, you’re sometimes offered a chance to get a deposit bonus.
Deposit bonuses consist of two things:
- The maximum amount of extra cash you can get
- Match-up percentage
For example, a typical bonus at a New Zealand betting site could be “100% bonus up to $50”.
Here’s how to interpret an offer like “100% up to $50”:
- The first number (100%) is the match-up percentage. In this case, if you deposited $50 the betting site would calculate your bonus like this: $50 * 100% = $50.
- The second number ($50) shows you that the maximum you can receive is $50. If you deposit a sum that would result in a bonus bigger than $50, the rest is ignored, and you’ll receive $50.
Putting all this together: if you deposited $50 at a site offering 100% up to $50, you’d end up with $100 to bet with (your $50 + $50 in bonus money).
Securing your bonus is easy:
- Choose one of the betting sites listed above
- Register at the site
- Deposit at the cashier
- Use a bonus code if required*
- Choose to accept a bonus**
- Start betting
* Bonus code is not required at most sports betting sites. If one is required, it’s listed above in the table.
** Some sites require that you choose to accept a bonus. If this is the case, there’s a box you need to tick at the deposit screen.
There’s always a limitation with bonuses: you need to clear your extra funds before withdrawing.
Clearing a betting bonus
Before you can withdraw your winnings, you need to meet a rollover requirement. Every deposit-based sports betting bonus comes with a rollover requirement.
The rollover requirement is usually stated somewhere in the terms & conditions (aka “the part of a gambling website nobody reads except the editors of Bonus.net.nz”). This number tells you how many times you need to wager your money before you can cash it out.
For betting, the rollover requirement is usually 3 to 5. Compare this 3-5 to casino bonuses, which have a rollover requirement of 30 to 50!
In sports betting bonuses the rollover requirement is most often calculated like this:
Wagering needed before cashing out = rollover * (bonus money + original deposit).
Bonus clearing example:
You deposit $50 and receive $50 with a rollover requirement of 3
You need to wager: 3 * ($50 + $50) = $300
You need to bet with certain odds for your wager to count towards clearing your bonus. This limit is often 1/2. Bets below the limit are ignored as far as clearing the bonus goes.
The rollover requirement doesn’t depend on the currency or sport. However, players from different countries have different play-through requirements. The good news is us Brits are classed as no-risk by online sportsbooks and therefore we always have very low rollovers (yay!).
When you place a no-risk bet you either win the bet or get your money back.
Risk-free bets (often incorrectly called “free bets,“ which are explained below) are common betting bonuses. Gamblers love them, so New Zealand sports betting sites too are more than happy to offer them.
Deposit bonuses are usually only available for new customers, but risk-free bets are also offered for existing customers. These kinds of loyalty promotions are common especially during big sporting events. Big events include the likes big football events (World Cup, Champions League Finals), the Rugby World Cup and The Ashes.
A typical risk-free bet has these restrictions:
- Stakes limited to $10 – $50
- Bet only available for a specific match
- Bet only available for some markets
- Minimum odds apply (usually 1/5 or higher)
- Maximum win is limited (usually $10,000)
This sounds like a long list of restrictions. In practice it’s all quite simple though: “Place a $20 risk-free bet today on any A-league match.” That’s about it.
Here’s what happens after placing your bet:
- If you win with your no-risk bet, great. You keep your winnings.
- If you lose with your no-risk bet, the betting site refunds your stake.
- If you lost, you may need to contact customer support to receive your refund.
Important thing about losing:
Depending on the internet sportsbook you bet at, you may need to contact customer support to receive your refund. Not all betting sites in New Zealand, or elsewhere, do these refunds automatically. If the return is automatic or not, is always mentioned in the promotion so make sure to read it. Plenty of gamblers forget to claim their funds!
When you do get money back, it’s usually in the form of a “betting token.” With the token you can bet again but you can’t cash it out immediately.
Free bets are the simplest betting promotion: the sportsbook hands you a lump sum of money (most often $10 or $20), and you bet it.
Calling these free bets is slightly misleading. They’re reserved for customers who’ve shown they’re willing to put their money on the line. For example, at LeoVegas sportsbook, you’ll receive a $10 real-money free bet once you’ve bet $10 of your own money first.
Free bets have simple terms and conditions. As long as you don’t split the bet and don’t exceed a time limit there’s nothing of consequence to know.
Here’s free bet terms and conditions in a nutshell:
- No Splitting:
You can’t split free bets. If you receive, for example, $20 then you need to bet $20 on a single market.
- Minimum odds:
There’s usually 1/2 (1.5 in decimal odds) minimum odds you have to meet
- Maximum win:
The maximum tends to be in the tens of thousands, so it’s not something to worry about.
- Time limit:
Free bets have strict time limits. Usually, you only have seven days to use a free bet token you’ve received.
Can I Use Bookies’ Free Bets in an Acca?
It depends on the bookie. Most times, however, you can use your free bet in an accumulator. At Mr Green, for example, you can use your free bet in an acca.
New Zealand: Best Betting Sites
|Best Mobile Betting Site||Leo Vegas|
|Best In-Play Betting Site||Leo Vegas|
|Best Rugby Betting Site||Betway|
|Best Basketball Betting Site||LeoVegas|
|Best Premier League Betting Site||Rizk|
|Best Tennis Betting Site||888 Sports|
|Best New Betting Site 2018||LeoVegas & Rizk|
You’ll find all the best New Zealand betting sites from the list above. Below you’ll find the detailed description of best bookies for different sports.
Best Site for Mobile Betting: LeoVegas
LeoVegas is the best sportsbook for New Zealand mobile punters. It’s an instant play sportsbook (no download needed), fast, and easy to navigate. Just get the LeoVegas sports bonus and you’re set.
You can play at LeoVegas with your tablet or phone, as long it is a smartphone (so no Nokia 3310s). The sportsbook works smoothly on iOS and Android. You can use an iPhone, Samsung or even a Windows Phone to get your bets in quickly at LeoVegas.
Leo Vegas has one of the best overall sportsbooks in the market. They’ve got very competitive odds, their selection of sports is right up there with the best of them, and they cover all NZ payment methods.
It’s a no-brainer for anyone who uses their phone or an iPad for betting.
Best Site for In-play / Live-betting: LeoVegas
LeoVegas’ sport section is the best option for in-play betting if you’re betting go the go. It is fast, responsive on mobile and you’ll get your bets in in no time.
You can bet plenty of sports live, such as:
- Premier League
Leo’s sportsbook is mobile optimised, but not necessarily the best option if you solely use a desktop for in-play betting.
For desktop-only live betting, you should head over to Betway’s sports section. It’s smoother on a desktop than Leo’s, and they offer pretty much the same sports and leagues as LeoVegas does.
Best Site for Rugby Betting: Betway
You’ll find a huge amount of markets for Rugby (NRL and Rugby Union) at Betway, which is a great bookmaker for Kiwis. For the biggest matches and events, you’ll also get stake back specials and multiple promotions. And yeah, you’ll get live odds too.
Rugby is super popular in New Zealand. Many of the sports betting sites have reacted and made it possible for viewers of the game to place wagers. Betway is among the top of that group. You’ll find various wagers that can be placed at Rugby betting sites, like fixed odds, prop bets and over and under bets. It’s the match win bets that are, however, the most popular in New Zealand and across the globe.
Betway has very competitive odds for all those different markets. They also offer lucrative bonuses to attract punters. While there are many top quality rugby betting sites to choose from, we’d go with Betway here.
Best for Basketball: LeoVegas
When it comes to basketball betting, there’s no better site than LeoVegas. With a massive selection of different markets, best odds in the business and lucrative bonuses LeoVegas is the clear number one.
You’ll find all the biggest basketball leagues at LeoVegas. Whether you like to place a wager on Steven Adams’ OKC Thunder or any other NBA game, LeoVegas has got you covered. Or if you prefer Tall Blacks against Boomers, you’ll find the best odds from Leo.
Basketball is a perfect sport for betting, pre-game or live. In addition to standard match winning wagers, you’ll find a ton of other markets as well. Total points, spread bets, and player specials make sure that the game never gets boring, regardless of the current score.
Best for EPL: Rizk
Fancy a cheeky flutter on Man United? Rizk has got you covered. They offer a massive selection of football odds from all over the world.
Rizk also has a lot of more exotic variants than just normal match betting. If you want to place a wager when Jose Mourinho is sacked or if Harry Kane remains scoreless in August, Rizk delivers.
Best Tennis Betting: 888 Sports
Kiwis love tennis betting. Particularly due to events such as the Australian Open in Melbourne. All the online betting sites offer a wide variety of tennis markets. Not all, however, do it with so good odds and massive live-betting options than 888sports.
At 888sports you’ll find every single match of all the biggest tennis tournaments with excellent odds. Whether you prefer valuable pre-game wagers or hectic live-action during the match, 888sport is your go-to site for tennis betting. And don’t forget their excellent bonus for new Kiwi players!
Best New Betting Sites of 2018: LeoVegas, Rizk
The best new betting sites in New Zealand have to be LeoVegas and Rizk. Both of them are established operators over in Europe, but now they’ve brought their A game to New Zealand, too. Tasty bonuses, NZ-friendly payment methods, and sports that us Kiwis are interested in all play a part.
Rizk keeps up their no-nonsense policy also in their welcome offer. $10 Money Back Offer gives you your money back up to $10 if your bet slip doesn’t win. At LeoVegas you’ll get a $10 free bet, which activates right after you’ve made your first bet worth 10 bucks.
Get Rizk $10 Money Back Offer:
- Read our Rizk review and open your account
- Fill the sign-up form
- Click “Deposit”
- Choose your go-to deposit method
- Claim the Sportsbook Welcome Offer with your first deposit of at least $20
- Confirm the transaction
- Make your selection/selections on a single bet slip and select $10 MONEY BACK BET from the drop down menu
- You’ll get 100% of your money back up to $10 if your bet doesn’t win
Get LeoVegas $10 free bet:
- Get your LeoVegas sportsbook bonus here
- Fill the sign-up form
- Click “My account”
- Click “Deposit”
- Choose your deposit method (you don’t need a bonus code)
- Confirm the transaction
- Bet $10 as your first bet with odds of 2.00 or higher, and you’ll receive the $10 free bet
Online Sports Betting in New Zealand 2018
Here’s some random tips and tricks on how top New Zealand betting sites operate. So we’ll go over how you can get your money in and out, if you need to pay taxes (yuck!) and more.
Deposit and Withdrawing
Getting your money in and out of sportsbooks is easy. The easiest ways are to use credit cards like Visa and Mastercard, E-wallets such as Neteller and Skrill, or use POLi & PaySafeCard. Depositing is instant, while withdrawals can take a couple of days.
The most popular banking methods:
Online bookies have made it easy for Kiwis. They’ve brought on deposit options familiar to us like credit cards, E-wallets, wire trasnsfers and PaySafeCard.
Getting your money out is easy, although a bit slower than depositing. The most common way is to cash out winnings is to receive the funds to your credit card. Unlike deposits, cashouts aren’t instant. They take about 1h – 2 days to clear depending on the site. Then it takes another day or two until the funds are on your account.
Is sports betting income taxed in the New Zealand?
In New Zealand gambling is considered a past time or recreational activity. Therefore casual Kiwi players must not pay tax on their winnings. The only time that winnings become taxable is when a player is considered a professional gambler.
What is spread betting?
Spread betting is a fairly recent way to bet on sports. It’s also an exciting way of betting and can be much more profitable than traditional betting on fixed odds. Here’s an example how it works.
If you think Liverpool will win the Merseyside derby with a fair margin, you can opt to place a wager with one and a half goal spread. Or if you think there’s a decent change that Everton will be totally demolished, you can select even bigger spread for the Reds. Naturally, it also pays off bigger. If the traditional fixed odds for the Liverpool win would be something like 1/2, with spread bet of -2.5 Liverpool you might get odds of 4/1 or something close to that.
What is an accumulator?
An accumulator bet, or “an acca”, combines multiple selections on a single bet. For the bet to pay out, all selections must come true. Accumulator betting is super popular in the New Zealand and why not? With an accumulator bet you’ll have a chance to rack up massive odds and potential winnings with a low stake.
An example of rugby acca:
- Bath to beat Newcastle Falcons at 3/1
- Worcester Warriors to beat Harlequins at 3/1
- Wales to beat South Africa at 2/1
- Ospreys to beat Leinster at 4/1
For your accumululator to pay out, you’ll need correct results from all four matches. Lets imagine your stake for the acca listed above is $20. If all of your results come in, your winnings are as follows:
- Your initial stake returns $80 from your bet on Bath to beat Newcastle Falcons at 3/1 ($60 winnings, plus your $20 stake).
- This $80 becomes your stake on the Worcester Warriors vs Harlequins game, and pays out $320 ($240 winnings, plus your $80 stake).
- The $320 goes on Wales to beat South Africa, and when they do so it turns into $640.
- Finally, Ospreys takes care of business against Leinster. Congrats, you’ve just turned $20 into $3,200!