NRL betting in New Zealand — the only counter, the markets it lists and what the price takes

Updated October 2026

Licensed

Available in US

Fast payouts

18+ Only

Current as of 26 October 2026, verified against the Department of Internal Affairs register and TAB NZ’s published terms.

A New Zealand punter looking at the NRL has one counter to walk up to. Section 74AAA of the Racing Industry Act 2020, in force since 28 June 2025, leaves only TAB NZ — and its online sister brand Betcha — entitled to take a racing or sports bet from a person in New Zealand. The Department of Internal Affairs told every other provider to withdraw from the New Zealand market with immediate effect. There is no licence to apply for and no register of bookmakers, because there is only one lawful provider. That single fact shapes every other section on this page: which app carries the market, which promos the punter sees, which safer-gambling tools reach the bettor, and which disputes body sits behind the bet when something goes wrong.

This page is written from the angle of cost — what an NRL wager actually takes out of a New Zealand wallet, in turnover, in margin and in the conditions bolted onto every offer. The page is not a tip sheet. It does not name a winner of any round, any match or any market. The job here is to lay out what the bookmaker is, what it lists, what the price pays, what the price keeps and what every clause in the small print charges the punter who signs up to it.

The bookmakers a New Zealand NRL punter can actually use

Two brand names sit on the counter at TAB NZ: TAB itself and Betcha. Both are owned by TAB New Zealand and operated by Entain under a 25-year partnership signed in 2023, with a 50/50 share of gross profits and at least NZ$150m a year flowing back to TAB NZ for the first five years. Entain also paid a one-off NZ$100m into the racing sector when the deal closed. They are the same operator, marketed at two different audiences — TAB as the long-running counter, Betcha as a younger, app-first product — and an account at one carries an exclusion across both.

Eight other names sit further down this page. None of them is licensed to take a bet from a person in New Zealand. They appear because a New Zealand punter meets them, on a comparison site, in a search result, in an affiliate link and in an advertisement. The page describes each on its own terms, then marks plainly that none of them carries the New Zealand licence, none sits inside the New Zealand harm-minimisation framework, and none of them offers a route into the New Zealand complaints system when a payout stalls. A punter who opens one of these accounts bets without a New Zealand regulator behind the bet, without the country-round safer-gambling tools, and without recourse to the New Zealand Gambling Commission or the Department of Internal Affairs.

TAB

TAB is the retail-and-online brand of TAB NZ. The app, listed as “TAB – Racing & Sports Betting”, is published under the seller name New Zealand Racing Board and first went on the New Zealand App Store on 8 September 2014. It carries a 17+ age rating while stating that customers must be 18 or older to bet. Inside the app, a punter sees horse and harness racing, rugby union, rugby league and a long list of other sports, pre-match and live, with Trackside live race streaming, in-app betting on races, racing form, Blackbook and Jockey Challenge tools and a single wallet for deposits and withdrawals. The safer-gambling tools available in the account are deposit limits, time-outs and self-exclusion, and the free Gambling Helpline (0800 654 655, text 8006) sits on the help page. Account opening requires a verified New Zealand address and ID.

Betcha

Betcha is the second online brand of TAB NZ, published on the New Zealand App Store by Entain New Zealand Limited and first released on 6 August 2024. The market list runs to horse, greyhound and harness racing, plus rugby, NRL, MMA/UFC, NBA, NFL, tennis, cricket, football, motorsports and esports. The account sits inside the TAB NZ group, so a deposit limit, time-out or self-exclusion set on one brand applies across both, and the verified New Zealand address and ID used to open the TAB account carries over. Greyhound racing on Betcha ends in stages from 1 August 2026 — the same date the racing code itself closes — and any market listed on greyhound racing will fall off the slip over the second half of the calendar year.

Telbet

Telbet is a crypto casino and sportsbook. Its home page describes a sportsbook alongside its casino product and lists a welcome package of 200% up to 1 BTC plus 50 free spins and a 5 USDT free bet on its Russian-language site. The brand names no licence that applies in New Zealand; only TAB NZ may take a racing or sports bet from a person in New Zealand under section 74AAA. No New Zealand complaints route or harm-minimisation framework reaches the brand, and the DIA’s instruction to withdraw with immediate effect applies to it. For a New Zealand punter this is the shape of the trade-off: a crypto-funded account, an offshore licence and a market list that includes rugby league, with none of the country-round protections that go with a TAB NZ account.

BetAlright

BetAlright’s sportsbook covers football, tennis, table tennis, basketball, ice hockey, American football and baseball, with Live Betting and Virtual Sports sections sitting next to it. Rugby league is not on the home page menu, and the NRL specifically is not. A New Zealand punter who wants the NRL here is checking the wrong house. The licence position is the same as every other brand not on the TAB NZ counter: BetAlright names no licence that applies in New Zealand, no New Zealand complaints route reaches it, and no harm-minimisation framework follows a New Zealand account onto the platform.

Roobet

Roobet is a crypto casino and sportsbook covering soccer, basketball, tennis, Counter-Strike, FIFA, baseball, ice hockey, MMA and table tennis. Its terms require players to be 18 or older. The brand names a Curaçao licence (OGL/2024/687/0427) held by Raw Entertainment B.V., which gives it no right to take bets from people in New Zealand; only TAB NZ may do that under section 74AAA. Providers serving New Zealand have been told by the DIA to leave at once, and a Roobet account sits outside any New Zealand complaints route or harm-minimisation framework. For an NRL market the menu does not include rugby league as a top-line sport, so a New Zealand punter is doubly outside the brand’s home territory — wrong sport, wrong country.

Winz.io

Winz.io runs a sports betting bonus promotion, with a separate Sportsbook T&C, Sports Rules and Bonus Terms and Conditions pages. The licence is Anjouan and Tobique, held by Novatrix SRL, neither of which gives it a right to take bets from people in New Zealand; only TAB NZ has that right under section 74AAA. No New Zealand complaints route or harm-minimisation framework reaches a Winz.io account. The page describes the brand for completeness; it is not licensed in New Zealand, and the Department of Internal Affairs has told providers serving New Zealand to withdraw with immediate effect.

Golden Panda

Golden Panda runs a Sports section with a sportsbook, esports and virtual sports, plus casino, live casino, crash games, rewards, cashback, a VIP Club, Golden Goals and Prediction Markets. The brand names no licence that applies in New Zealand.

FunBet

FunBet’s sportsbook offers odds on football, ice hockey, American football, basketball, volleyball, tennis, rugby and baseball, with live betting and a bookmaker described as open 24/7. Rugby sits on the menu but the NRL specifically is not a top-line market.

Rabona

Rabona launched on 23 December 2019 as the sixth online sportsbook of the Soft2Bet group. The brand names a Curaçao licence, which gives it no right to take bets from people in New Zealand.

Alawin

Alawin’s sportsbook covers football, tennis, table tennis, basketball, ice hockey, American football and baseball, with Live Betting, Virtual Sports and esports also offered. Rugby league is not on the home page menu. The brand names no licence that applies in New Zealand. Only TAB NZ may take a racing or sports bet from a person in New Zealand under section 74AAA, and the Department of Internal Affairs has told providers serving New Zealand to withdraw with immediate effect. No New Zealand complaints route or harm-minimisation framework reaches the brand.

How the New Zealand NRL betting market is actually built

The shape of the NRL market in New Zealand is set by what TAB NZ lists. There is no second lawful counter to compare it against, so the price a New Zealand punter sees on a Warriors match, on a Roosters-Knights grand final replay or on a Friday night multi is the only price on offer inside the country. The price still carries the same building blocks every bookmaker builds into a market: a margin, an overround on the outcomes, and a payout share that runs below 100% so the book keeps the difference. That arithmetic is the same wherever the punter sits. The New Zealand quirk is that there is nowhere else to push the bet to chase a better number.

The 2026 NRL season ran from 28 February to 4 October 2026 with 17 teams, finishing at Accor Stadium in Sydney on 4 October 2026 where the Sydney Roosters beat the Newcastle Knights for their 16th premiership. Penrith Panthers were minor premiers. The finals series took the top eight teams on the ladder and ran through qualifying and elimination finals, semi-finals, preliminary finals and the grand final. Those fixtures are the spine of the NRL betting calendar in New Zealand: opening round through to the last game in Sydney, with State of Origin sitting in the middle as the heaviest-bet mid-season block and the finals series carrying the longest slips.

The market list for an NRL round inside the TAB NZ apps follows the standard rugby league menu: head-to-head (which team wins), line betting (a handicap applied to the final margin), total points (over/under a line set by the trader), first try scorer, anytime try scorer, half-time/full-time doubles, player performance markets and the same-game multi — a multi whose legs all come from the one match. Boosted odds sit on selected lines on selected rounds, and bonus-bet promotions run around Origin, the finals and the season opener. Every market carries the same bookmaker’s margin, set by the trader who priced it, and that margin is what this page turns over in the next section.

What the bookmaker’s margin takes out of every NRL price

Every price on a TAB NZ slip — and on every offshore slip a New Zealand punter might still see — carries the bookmaker’s margin baked in. The margin is the share of every dollar bet that the book keeps on average across all outcomes of one market. The closer the margin runs to zero, the fairer the price is to the punter; the higher the margin runs, the more the book takes.

Take a clean two-way market priced at decimal odds of 1.90 on each side. The implied probabilities from those prices are 1 ÷ 1.90 = 0.5263 (52.63%) on each side, summing to 1.0526 (105.26%). That sum above 100% is the overround. The payout share is the inverse: 1 ÷ 1.0526 = 0.9500, or 95.00% of every dollar bet. The margin is 1 − 0.9500 = 0.0500, or 5.00%.

That 5% margin is illustrative, not a quoted TAB NZ price. As a band: a tight two-way market in head-to-head NRL pricing on NRL will land somewhere in the 4% to 6% margin range, with line betting and total points running a touch higher because the trader has to balance more outcomes, and specials (first try scorer, player performance markets) running higher still because the field is long and the model is coarser. A boosted-odds line is not a thinner margin; it is a smaller price on a smaller line the book has chosen to push. The margin sits inside every leg of a multi, and because the legs of a multi multiply, the margins multiply with them. A four-leg multi on lines each carrying 6% margin runs to a compounded margin well above 20% on the combined ticket, before any bonus-bet rule touches the slip. That is the arithmetic that decides what an NRL bet really costs a New Zealand punter.

The figure on the page is illustrative because research carries no specific TAB NZ margin for an NRL market. A punter who wants the exact margin on a given match checks the bet slip: the prices on each outcome, summed as implied probabilities, give the overround, and 100% minus the payout share gives the margin. The page states the formula in plain words so a punter can run it themselves on any line the app shows.

What the NRL odds on a TAB NZ slip actually pay back

A TAB NZ slip shows decimal odds by default — the New Zealand norm and the form that makes the arithmetic obvious. A $10 stake at odds of 2.10 returns $21.00, made up of the $10 stake back plus $11.00 of net profit. The same stake at odds of 5.50 returns $55.00: $10 back plus $45.00. The same stake at odds of 1.45 returns $14.50: $10 back plus $4.50.

For a combination bet the odds of the legs multiply into one price. A two-leg multi at 2.10 and 1.80 carries combined odds of 3.78, and a $10 stake returns $37.80 ($10 back plus $27.80 of net profit). A three-leg multi at 2.10, 1.80 and 1.95 carries combined odds of 7.37, and a $10 stake returns $73.70 ($10 back plus $63.70). The combined price is honest; what is not honest is the margin that compounds inside it, which is the topic of the section above.

For a Same Game Multi — a multi whose legs all sit on one NRL match — the legs still multiply into one price, and the margin of the multi sits above the margin of any single leg. That is the cost the punter pays for the convenience of running a Warriors-win-plus-over-40.5-points-plus-Josh-Addo-Carr-anytime-try on the one ticket. The arithmetic does not change because the legs share a fixture.

The NRL markets a New Zealand punter sees in the app

The TAB NZ apps split the NRL menu into head-to-head, total points, line betting, player markets, half-time/full-time, race-to-X-points and the same-game multi. State of Origin opens its own block in the menu with the three matches priced as a series and individually, and the same-game multi on Origin runs deeper than on a club match because the book has more player markets to lean on. The finals series opens another block in late August, with each week priced match-by-match and the leading markets priced into the grand final as soon as the preliminary finals finish.

Boosted odds are not a market; they are a thinner price the book has chosen to push on a selected line. The cost to the punter is the same as any other price — the margin sits inside it — but the headline number looks bigger, which is the marketing point. A boosted odds line is not a free bet; it is a smaller margin on a smaller line the book is happy to take a position on, and the punter’s job is to read it as a price and not as a favour.

A bonus bet is a different thing. A bonus bet is a stake the book contributes, usually with a condition that the stake is not paid back with a win. A $10 bonus bet at odds of 3.00 returns $30.00, but the stake is not paid back, so the net return is $20.00. The bonus bet’s expected value depends on the margin of the market the punter uses it on: a tighter market runs to a better expected value, a wider market runs to a worse one. The bonus bet’s headline number is its face value; its expected value is the figure the punter actually keeps, on average, across many uses of the same offer.

How to read the TAB NZ safer-gambling tools

TAB NZ builds deposit limits, time-outs and self-exclusion into its apps. A deposit limit caps the amount that can be paid into the account over a chosen window — daily, weekly or monthly — and the limit applies across both TAB and Betcha because the brands sit on one account. A time-out is a short cooling-off period, set by the punter, during which the account cannot place a bet. A self-exclusion is a longer block, set by the punter, during which the account cannot be reopened for the chosen term, and TAB NZ treats the exclusion as a serious step with a process to lift it.

The free Gambling Helpline (0800 654 655) and the text line 8006 sit on the help page of the app, alongside Safer Gambling Aotearoa. The Problem Gambling Levy of 0.74%, in force from 1 July 2025 to 30 June 2028, is paid by TAB NZ out of its gross profits and funds harm-minimisation work across the country. The levy is not the punter’s bill, but it is the funding line behind every helpline that takes the punter’s call. The 18+ age rule for TAB NZ betting is set under section 89 of the Racing Industry Act 2020, and betting under 18 is an offence. Land-based casino age is 20 — a different rule, set under a different Act, and the page does not merge the two.

The exclusions on this list are a target of the operator, not the punter. Section 19(4) of the Gambling Act 2003 (inserted in 2025) says an individual may not be convicted for placing a bet with an offshore betting operator in breach of section 74AAA; no source states a penalty for a New Zealand punter who opens an offshore account. The Department of Internal Affairs warns that overseas operators may sit in jurisdictions with minimal consumer safeguards, may not return unspent credits and may not pay out large wins. The risk sits with the punter; the prohibition sits with the operator. A punter who uses an offshore brand bets without a New Zealand regulator behind the bet, without a New Zealand complaints route, and without the New Zealand harm-minimisation framework.

How the New Zealand NRL betting rules compare on cost

The pattern in the column on the right is the cost the punter pays. TAB and Betcha carry the same in-house rules, the same safer-gambling tools and the same cross-brand exclusions, because they are the same operator. Every other brand on the list names no New Zealand licence, names no New Zealand complaints route and names no New Zealand harm-minimisation framework. The price a New Zealand punter sees on a TAB NZ on any of those offshore slips is the only price the country offers, but the price the punter sees on an offshore slip is a price the punter accepts on the operator’s house rules rather than on the New Zealand statute.

How a New Zealand NRL punter actually places a bet

The path through the TAB NZ app starts with a verified New Zealand address and ID, runs through a deposit by the methods TAB NZ lists in its terms, and lands on a slip where the punter chooses the market, types the stake and submits the ticket. A live bet goes in mid-match with the price updating as the game runs. A multi goes in as a list of legs the punter adds one at a time, with combined odds showing on the slip and the bonus-bet or boosted-odds options showing where the book has chosen to push them. A same-game multi goes in as a list of legs from one match, with the book building the combined price from each leg as the punter adds it.

The slip is where the price is. The margin is what the price carries. A punter who wants to know what a market costs runs the implied probabilities from each outcome and adds them up; the overround is the sum minus 100%; the payout share is the inverse of the overround; the margin is 100% minus the payout share. That arithmetic is the only thing on the page that tells the punter what the book keeps, and the only place the punter can run it on a TAB NZ line is the slip itself.

The path through an offshore app looks similar but runs on a different set of rules. Account opening does not require a verified New Zealand address, deposits may run in cryptocurrency or in a currency other than NZ$, the safer-gambling tools are whatever the operator’s home regulator requires, and the complaints route is whatever the operator’s home regulator offers. The Department of Internal Affairs has warned that those operators may not return unspent credits and may not pay out large wins. The punter who uses an offshore brand accepts those risks on the operator’s terms, with no New Zealand backstop behind the bet.

The NRL calendar a New Zealand punter bets against

The 2026 NRL season ran from 28 February to 4 October 2026 with 17 teams. The opening round sat in late February, the first Origin sat in May, the second Origin sat in June, the third Origin sat in early July, the finals series began in early September and the grand final sat on 4 October 2026 at Accor Stadium, Sydney, where the Sydney Roosters beat the Newcastle Knights for their 16th premiership. Penrith Panthers were minor premiers. The top eight on the ladder ran through qualifying and elimination finals, semi-finals, preliminary finals and the grand final.

The NRL calendar a New Zealand punter bets against follows the same shape every season. Pre-season trials open the futures market, the regular season opens the head-to-head market on every round, the Anzac Round opens the round-specific markets in late April, Origin opens the series market and the match market in mid-May, the run-home opens the top-eight market in July, the finals open the week-by-week market in September, and the off-season opens the next-year-futures market in October. Each block of the calendar carries its own margin profile: Origin runs heavier than a club round because the liquidity is the demand, the finals run heavier than Origin because the book is balancing fewer matches, and the off-season futures run heaviest of all because the field is long and the model is thinnest.

The Warriors sit on the New Zealand side of the ledger. A Warriors match carries the heaviest local liquidity on a New Zealand TAB NZ slip because the home crowd is the home crowd, and the Warriors-Saturday-night match is the heaviest-bet NRL fixture of the round for a New Zealand punter. The price on a Warriors match still carries the same bookmaker’s margin as any other match, but the liquidity is heavier and the line movement is faster, which is what the book balances the margin against.

The legal frame a New Zealand NRL punter sits inside

The Department of Internal Affairs is the gambling regulator under the Gambling Act 2003 and monitors compliance with the betting prohibition in section 92A of the Racing Industry Act 2020. The Racing Industry Act 2020 establishes TAB NZ as the sole betting provider for racing and sports in New Zealand. The Racing Industry Amendment Act 2025 inserted section 74AAA: no person other than TAB NZ may offer racing betting, sports betting or other racing or sports betting to a person in New Zealand, regardless of where that person is resident or incorporated. The change took effect on 28 June 2025, and DIA told providers serving New Zealand to withdraw with immediate effect.

TAB and Betcha are the two lawful online brands of TAB NZ, run by Entain under a 25-year partnership signed in 2023 with a 50/50 share of gross profits and at least NZ$150m a year flowing back to TAB NZ for the first five years. The brands are the same operator and never rivals. The Online Casino Gambling Act 2026 licenses online casino gambling only and does not license sports betting; TAB New Zealand winning the right to apply for a casino licence does not extend the betting monopoly. Greyhound racing is closing in stages from 1 August 2026, and from that date offshore operators may not take bets on greyhound races either.

TAB NZ takes fixed-odds and tote (pool) bets; its published betting rules define bets such as Win, Place, Each Way, Quinella, Exacta, Trifecta, First Four, Double, Treble, Daily Double, Running Double, Quaddie and Big6, and Multis and Same Game Multis. Live betting is listed in the TAB NZ apps; any statutory restriction on in-play markets is not established. No lawful New Zealand betting exchange exists and spread betting is outside TAB NZ’s sports-betting definition. Bets on politics and novelty markets are not established. There is no statutory per-bet cap; limits are TAB NZ’s own terms. The ban covers events held inside and outside New Zealand. Virtual (computer-simulated) sport is treated by the 2026 online casino law as casino gambling; whether esports betting is “sports betting” under the Racing Industry Act is not established.

Player protection sits on the TAB NZ account: 18+ age rule, verified New Zealand address and ID, deposit limits, time-outs and self-exclusion, the free Gambling Helpline (0800 654 655, text 8006) and Safer Gambling Aotearoa. TAB NZ pays the Problem Gambling Levy of 0.74%, in force from 1 July 2025 to 30 June 2028. There is no single national online-betting exclusion register: the register the casino law will require is for online casinos only.

Advertising on betting is governed by the Advertising Standards Authority’s Gambling Advertising Code: ads must not target children (under 14) or young people (14 to under 18), judged by context, appeal and expected audience (25% or more of the audience counts as significant where accurate data exists), must not encourage harm, and must be truthful with terms available. No New Zealand equivalent of a “whistle-to-whistle” ban for betting was found. TAB NZ runs “bonus bets” promotions; no New Zealand rule on bet-bonus size or wagering terms was found, so the page quotes only TAB NZ’s own terms.

For the player, recreational gambling winnings are generally not taxable under Inland Revenue guidance, and prize money from TAB horse, dog and trotting races is not taxable; a person who bets as a business is a different case. The point-of-consumption charge on offshore racing and sports bets ceased on 30 June 2026. Overseas operators supplying New Zealand residents pay online gambling duty (12% of profits since 1 July 2024, 16% from 1 January 2027), but a duty being payable does not make an offer lawful — tax payment does not show a bookmaker is legal.

How a New Zealand NRL punter should read an offer

The marketing words a New Zealand punter meets on a TAB NZ slip — “boosted odds”, “bonus bet”, “best odds” — are headlines, not favours. A boosted-odds line carries the bookmaker’s margin like any other line, and the boosted number is the headline the book has chosen to push. A bonus bet is a stake the book contributes, usually with the stake not paid back with a win, and the expected value depends on the margin of the market the punter uses it on. The bonus-bet headline is its face value; the figure the punter keeps, on average, is its expected value, and the two numbers are not the same.

A “risk-free” bet on an offshore slip is not a refund in money. A risk-free bet is a free bet the book gives back if the first bet loses, and the free bet carries the same stake-not-returned condition. A “100% bonus” is a deposit-gated offer that takes the punter’s own money as well as the book’s, and the wagering factor that clears the bonus is what the bonus actually costs. The marketing word is the headline; the wagering factor is the price.

The punter’s job is to read the small print for the conditions that move the cost: a minimum price for the qualifying bet, a deadline on the offer, a cap on free-bet winnings, a list of markets the offer does not apply to, a list of payment methods the offer does not apply to, a stake limit while the bonus is being cleared. The conditions are not the marketing; they are the offer. A punter who reads the small print on a TAB NZ bonus-bet promo sees the same shape: a face value, a stake-not-returned condition, a list of markets, a deadline, a minimum price. The punter who reads the small print on an offshore welcome package sees the same shape plus the offshore tax, the offshore currency and the offshore complaints route. The cost is the conditions. The conditions are what the punter reads.

Frequently Asked Questions About NRL Betting in New Zealand

How does a New Zealand punter place a bet on the NRL?

Open a TAB NZ account on TAB or Betcha with a verified New Zealand address and ID, deposit by a method the app lists, choose an NRL match, pick a market (head-to-head, total points, line betting, player market or same-game multi), type the stake and submit the slip. Live bets go in mid-match with the price updating as the game runs.

How does a punter bet on a single NRL game?

Pick the match from the NRL menu, choose the market — head-to-head, line, total points, player market or a same-game multi — type the stake on the slip and submit. A same-game multi lets the punter add several legs from the one match into one combined ticket, and the legs multiply into one price.

How does a punter bet across multiple NRL games at once?

Add one leg at a time to a multi bet, with each leg from a different match, and the combined odds multiply into one price on the slip. A $10 stake at combined odds of 7.37 returns $73.70. The margin of each leg sits inside the combined price, so a multi on lines each carrying 6% margin runs to a compounded margin well above 20% on the combined ticket.

Which bookmaker may lawfully take sports and racing bets in New Zealand?

TAB NZ, through its two online brands TAB and Betcha, is the only provider lawfully offering racing and sports betting to people in New Zealand under section 74AAA of the Racing Industry Act 2020, in force since 28 June 2025. The Department of Internal Affairs told every other provider to withdraw with immediate effect. There is no licence to apply for and no licence register.

How is the return on a bet worked out from the stake and the odds?

Return = stake × odds, and net profit = stake × (odds − 1). A $10 stake at odds of 2.10 returns $21.00 ($10 back plus $11.00 of net profit). A $10 stake at odds of 5.50 returns $55.00 ($10 back plus $45.00). For a multi, the odds of the legs multiply into one combined price, and the same formula applies to the combined stake.

What is the bookmaker’s margin and how does it show in the odds?

The margin is the share of every dollar bet the book keeps on average across all outcomes of one market. Convert each price to an implied probability by dividing 1 by the decimal odds, add them up, and the sum minus 100% is the overround; the payout share is 100% minus the overround; the margin is the overround minus the payout share, expressed as a percentage. A two-way market priced at 1.90 on each side runs to a margin of about 5.00%. The margin compounds across the legs of a multi.

Created by the ”Nztennisodds” editorial team.