Legal Sports Betting In New Zealand

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Sports Betting Laws In New Zealand

Online sports betting in New Zealand is legal as long as you are using an offshore sportsbook. New Zealand law prohibits companies from running unsanctioned online sports betting platforms within the country. This was done in an attempt to steer bettors away from private betting methods and towards the state-sponsored betting affiliates that New Zealand regulates and taxes. However, the New Zealand Gambling Commission has stated that it is legal for Kiwis to bet on sports online as long as they do so on an offshore sportsbook.

The New Zealand Gambling Commission is the governing body that regulates NZ sports betting and was created through the Gambling Act of 2003. That act, along with the Racing Act of 2003, is the governing legal document that defines the rules for all legal sports betting in New Zealand. The New Zealand Racing Board is in charge of al sanctioned sports betting n the country, including any retail sportsbooks found in the country.

Is Online Sports Betting Legal In New Zealand

Online sports betting is legal in New Zealand and has been for over a decade. The Gambling Act of 2003 made it illegal to run a sportsbook from inside of the country but perfectly legal to use online sportsbooks that are operated from outside. There are plenty of legal online sportsbooks ready for New Zealand players to use to bet on the Rugby World Cup or the Cricket World Cup. BetOnline and SportsBetting are two of the most secure internationally licensed sportsbooks available for all NZ players.

New Zealand Sports Betting Markets

The most popular sports to bet on in New Zealand are very different than the biggest draws in other countries. Kiwis love their rugby, and as the official national sports of NZ, rugby is one of the leading revenue generators when it comes to sports betting. Both forms of rugby, union, and league are played in New Zealand, and the country’s international team, the New Zealand All Blacks, is one of the most revered rugby squads in the world. New Zealanders also love to enjoy the sport of cricket, where massive crowds can be found year-round. Additionally, NZ sports fans love soccer, basketball, golf, skiing, and motorsports. This doesn’t take into account the many fans of American football, baseball, European soccer, and any other sports that are watched in New Zealand.

Where New Zealand Sports Betting Revenue Goes

While New Zealand does regulate their sports betting, it is uncommon for gambling winnings to be taxed in NZ. The brick-and-mortar sportsbooks found in NZ are regulated, and that money is directed back into various projects by the New Zealand Gambling Commission. However, the majority of sports betting in NZ takes place via offshore online sportsbooks. New Zealanders bet an estimated $2 billion a year in online gambling, with roughly 40% of adults participating in some form of betting or gambling. While New Zealand would like to see some of the sports betting revenue stay within the country, gambling officials are currently fine with the offshore books being the primary outlet for NZ citizens looking to place a bet on their favorite teams.

Is Live Betting Legal In New Zealand?

The legal online sportsbooks offered in New Zealand offer hundreds of different live game lines that can all be accessed from within the country. There are no restrictions set by NZ lawmakers for live sports betting. This is one of the most exciting and popular betting methods for both the Cricket and Rugby World Cup, as lines constantly change as the action unfolds.

Are Online Casinos Legal In New Zealand?

There are online casino sites that are legal in New Zealand because they are also regulated from outside of the country. There are even online gambling sites like SportsBetting and BetOnline that offer sports betting, online slots, live poker, table games, and more from the same platform. New Zealand bettors can take advantage of these legal sites by making a single deposit and accessing many different forms of online gambling without leaving the house.

Can I Make Sportsbook Deposits From A Mobile Device In NZ?

All of the online sportsbooks offered in New Zealand can be accessed from a mobile device through the mobile browser of any smartphone. Most of these books do not have apps in the iOS or Google Store but can still be used to make instant deposits, accept bonuses, and request withdrawals. Cryptocurrency is the best method for legal online sports betting in NZ, with no fees for any transactions and new player bonuses of up to $1,000 on mobile deposits.

Legal Sports Betting In New Zealand FAQs