Best betting sites in New Zealand 2026: the cost behind the only lawful market

Updated October 2026

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A note on what was checked and when: current as of 26 October 2026, against the Racing Industry Act 2020 as amended by the Racing Industry Amendment Act 2025, the New Zealand Gambling Commission’s published guidance, and each operator’s own terms.

A search for “best betting sites in New Zealand 2026” lands on a market that looks like any other until a single fact cuts through it. Since 28 June 2025, only two brands may lawfully take an online sports or racing bet from a person in New Zealand: TAB NZ and its sister app Betcha. Every offshore name on the comparison lists below — the 22Bets, the Thunderpicks, the SpinBetters — is targeting this reader without the right to take their bet. That makes the page’s angle uncomfortable but unavoidable. The cost this article tracks is not the bookmaker’s margin in isolation, but the full bill: the price on the slip, the cut the operator keeps, the harm-minimisation tools the reader keeps, the complaint route that exists when something goes wrong, and the price the reader pays when those three are missing.

The first shelf is the one that turns “best” into something the reader can compare on.

How a price is set, and what the odds quietly keep

What decimal odds actually pay

Every price on a New Zealand TAB slip is written in decimal form. A bet of NZ$10 at odds of 2.10 returns NZ$21 if it wins: the original stake times the price. The net profit is the stake times the odds minus one, so a $10 win bet at 2.10 puts NZ$11 in the punter’s pocket on top of getting the stake back. A four-leg multi at 1.60, 1.85, 2.20 and 1.95 returns the stake times the multiplied price — 1.60 × 1.85 × 2.20 × 1.95 = 12.71 — so a NZ$10 stake returns NZ$127.10 if all four legs win. The legs multiply because each leg’s price already prices its own risk; combining them is the punter’s risk decision, not a discount.

Same Game Multis work the same way. TAB and Betcha both let a punter pick multiple outcomes from one match — try, total points, first scorer — and the slip shows one combined price. If one leg of a Same Game Multi is voided under TAB’s rules, the multi is settled on the remaining legs at their combined price at the time the bet was placed, which is the convention multi bettors expect from a bookmaker that understands its own product.

The bookmaker’s margin, the number inside the price

The margin is what the bookmaker keeps of every dollar wagered on a market. It lives inside the odds, hidden in plain sight. On a two-way market priced at 1.90 against 1.90 the implied probability of each side adds to roughly 105.3% — 1 ÷ 1.90 is 0.526, doubled is 1.053. The 5.3% above 100 is the overround, so the margin is 5.0%. The punter’s payout share is about 95 cents in the dollar across the whole market, before any specific bet wins or loses.

A market priced at 1.85 against 1.85 carries a higher margin: 1 ÷ 1.85 = 0.541, doubled = 1.081, so the margin is 7.5% and the punter’s payout share is 92.5 cents in the dollar. That is the price a market charges for being offered at all: more evenly matched favourites cost the punter less; long-shot markets with thin liquidity cost more. Three-way markets such as 1X2 in football cost more than two-way markets on the same match because the overround is split three ways. A market priced at 1.45 / 4.20 / 7.50 gives an implied probability of 0.690 + 0.238 + 0.133 = 1.061, so the margin on that match result market is 5.7%.

The page tracks the cost of a bet: a margin of 5–6% on a mainstream football 1X2 is the kind of spread a competitive market charges. A margin above 8% on the same market is what an illiquid or specialist market costs, and a margin above 10% on a popular event is the sign of an unfavoured bookmaker or a margin the operator has not bothered to compress. The price a reader sees is not the cost — the price minus the margin is.

Why an accumulator’s margin is larger than its legs

The margins of the legs do not add; they compound. A four-leg multi at 1.60, 1.85, 2.20 and 1.95 carries the leg margins of 6.94%, 8.11%, the appropriate margin for the 2.20 leg, and the appropriate margin for the 1.95 leg. The combined price of 12.71 implies a probability of 7.87%, while the “true” combined probability after stripping each leg’s margin is higher — the actual odds the multi might carry at zero margin are the inverse of that stripped probability, and the gap between that fair price and the offered 12.71 is the compounded margin. The lesson is mechanical and well known: more legs mean a bigger margin. That is the cost the multi bettor pays for the higher headline price.

Cash out, when the bookmaker offers to buy the bet

Cash out is the operator offering to settle the bet before the final outcome. The price on the cash-out button is the operator’s valuation of the remaining legs at that moment, minus its own margin on the trade. Sportaza’s terms state the feature plainly: the bet is settled before the event or market is finalised, on the operator’s terms at the time. The reader’s question is what the cash-out price might have been at zero margin — and the answer is that the operator does not have to show that number. Cash out is a convenience the operator offers at its own price; it is not a fairness check on the original bet.

Same Game Multi: the bet builder with its own rule

Sportaza’s terms name a rule that turns out to be the convention: if one selection of a Same Game Multi is voided, the whole betslip is void. TAB and Betcha’s own same-game multi products carry their own rules, but the principle is the same — bookmakers do not carry a one-leg-voided-multi. The punter either gets the full multi or nothing, and a void leg turns the slip into a refund, not a partial win. That is the cost of the convenience of betting several outcomes from one match on one slip.

What the sports book looks like on a New Zealand slip

Racing: the codes TAB NZ was set up to take bets on

Racing is the spine of TAB NZ’s product. Thoroughbred, harness and greyhound racing are the three codes, and the bet types on a TAB racing slip are the long-standing tote and fixed-odds bets: Win, Place, Each Way, Quinella, Exacta, Trifecta, First Four, Double, Treble, Daily Double, Running Double, Quaddie, Big6, plus Multis and Same Game Multis. Quinella picks the first two in any order; Exacta picks them in order; Trifecta and First Four extend that to three and four; Doubles and Trebles chain races; Quaddie and Big6 ask the punter to pick the winner of a set of nominated races for a pooled dividend. The dividend on a tote bet is the pool divided among winning tickets, after TAB’s take; the payout on a fixed-odds bet is the stake times the price at the time the bet was placed.

Greyhound racing is closing in stages from 1 August 2026, and from that date offshore operators may not take bets on greyhound races either. The cost is not just the loss of a betting code: it is the end of a third of the racing product TAB and Betcha have offered, and the trimming of an exotic-bet pool that was worth keeping because it was popular with small-stake punters.

Sports: rugby codes, the codes NZ readers actually follow

The TAB NZ app covers rugby union and rugby league alongside its racing, pre-match and live. Rugby union is the code New Zealand readers actually follow, with the All Blacks in test rugby and Super Rugby Pacific at the club level; rugby league means NRL, with the Warriors as the New Zealand franchise. Cricket follows the Black Caps in tests and the domestic and T20 leagues; basketball through the NBL and the Breakers; football through the A-League and the Football Ferns; netball through the ANZ Premiership and the Silver Ferns. The market for the Melbourne Cup is the meeting that pulls the biggest fixed-odds handle of the year in Australia, and TAB NZ carries it as a racing pool bet, not a sports-bet line.

The point is that the New Zealand sportsbook product is set by what the local reader follows, not by what an offshore aggregator offers. Offshore operators list AFL, NRL, the Champions League, the NFL and the NBA alongside esports titles and virtual sports; the New Zealand reader meets those lines in a TAB or Betcha app, where the prices and the markets are chosen by the local product team. The cost of the narrower menu is a smaller exotic market at the margins; the saving is that the local product is built for the reader who watches local matches.

Where the same-game product meets the live product

Live betting is part of the TAB and Betcha product, with in-play prices that move as the match moves and the cash-out feature on selected markets. The legal position on in-play markets is not established in the Racing Industry Act; the Racing Industry Act’s text targets offering and taking bets, not the specific markets on which a bet may be laid. The practical position is that TAB and Betcha offer in-play lines on the codes they cover; the offshore brands that target New Zealand readers offer in-play on every code they list. Same Game Multis extend the live product because the bet builder is the natural fit for an in-play punter who wants to layer try-scorer, total points and match result on one match.

What the offshore sportsbooks offer that TAB and Betcha do not

The offshore operators detailed in section “What the offshore sportsbooks offer” list AFL, NRL, the Champions League, the NFL, the NBA, the Bundesliga and La Liga in their main menus, with markets for 1X2, Double Chance, totals, both teams to score, correct score, HT/FT and Asian handicap lines. Twenty-two Bet alone publishes over 30 market types per event on major football. Sportaza publishes Asian lines and interval markets in 1, 5, 10 and 15-minute ranges, which is the granular in-play product that a Same Game Multi on TAB is not. Ivibet adds boosted odds, forecasts and copy bets to the standard menu. SpinBetter adds Multi-LIVE, long-term bets and politics markets.

The cost to the reader of using those menus in New Zealand is that the brand offering them is not licensed to take bets from people in New Zealand. The cost to the reader of staying with TAB and Betcha is that the menu is narrower and the live product is less granular. The trade-off is between breadth of markets and the lawfulness of taking the bet.

The ten brands a New Zealand reader actually meets

How the comparison is built

The list below is ordered as research sets it. The two lawful New Zealand brands come first. The other eight are offshore brands a New Zealand reader encounters in marketing and on affiliate pages; each is marked “not licensed in New Zealand”, each is rated against the same criteria the lawful pair is rated against, and each is described in the operator’s own terms rather than the marketing terms. The table below carries the landscape: brand, New Zealand status, and the operator’s own statement on the page’s key subjects. Reading a row off the table is how the rest of the page is read.

The two TAB NZ brands are the same operator, never rivals: TAB is the heritage name, Betcha the newer app launched on 6 August 2024. The eight offshore brands that follow each carry a “not licensed in New Zealand” status because no operator other than TAB NZ may lawfully offer racing or sports betting to a person in New Zealand under section 74AAA of the Racing Industry Act 2020. A row in this table is a statement about a brand; it is not a recommendation.

What the law actually says about taking a bet in New Zealand

The Racing Industry Amendment Act 2025 and what it changed

The Racing Industry Act 2020 establishes TAB NZ as the sole provider of racing and sports betting 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 the Department of Internal Affairs told providers serving New Zealand to withdraw with immediate effect.

There is no licensing route for another bookmaker and no licence register for betting, because there is only one lawful operator. A licence offshore is not a licence in New Zealand: Thunderpick’s Curaçao licence OGL/2024/677/0722, 22Bet’s Curaçao 8048/JAZ, Sportaza’s Anjouan ALSI-202606064-FI2 and BigClash’s Curaçao 8048/JAZ each give their holder the right to take bets under the rules of those jurisdictions. None of those rules is New Zealand’s. The offshore licence does not extend to a person in New Zealand, and the operator cannot lawfully take the bet.

What TAB NZ looks like as a business

TAB NZ is the racing and sports betting arm of the New Zealand Racing Board. Its online partner is Entain, which runs the TAB business under a 25-year agreement signed in 2023. Entain gets a 50/50 share of gross profits, with at least NZ$150 million a year going to TAB NZ for the first five years, and Entain pledged a one-off NZ$100 million payment to the racing sector. The TAB NZ app, “TAB – Racing & Sports Betting”, is published on the New Zealand App Store under the seller name New Zealand Racing Board and was first released on 8 September 2014. The Betcha app is published by Entain New Zealand Limited and was first released on 6 August 2024.

The reason the partnership matters to a punter is that TAB and Betcha are not independent bookmakers competing for the New Zealand dollar. They are the same operator under different product surfaces, sharing the same product, the same back office, the same wallet and the same safer-gambling framework. A bettor using Betcha is a TAB subscriber.

What the law does to a player who bets offshore

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. The honest framing is narrow: New Zealand law targets the operator, the regulator warns the player of the risks, and no published penalty for a player was found. The Department of Internal Affairs warns that overseas operators may be in jurisdictions with minimal consumer safeguards, may not return unspent credits and may not pay out large wins. None of that is a conviction; all of it is the regulator telling the reader what to expect.

The corollary is that the regulator has not been able to block offshore bookmakers’ websites. A reader who has decided to bet with one of the eight brands in the table above will not be stopped at the network layer. The decision is the reader’s; the trade-off is theirs.

What may and may not be bet on

Racing and sports betting from TAB NZ only: the Racing Industry Act’s text covers fixed-odds and pool bets, and TAB NZ’s published betting rules define the bet types. The Racing Industry Act does not establish a statutory restriction on in-play markets; the practical position is that TAB and Betcha offer in-play lines on the codes they cover, and the offshore brands offer in-play on every code they list. There is no lawful New Zealand betting exchange, and spread betting is outside TAB NZ’s sports-betting definition, meaning the page does not write about a New Zealand exchange. Bets on politics and novelty markets are not established in the Racing Industry Act.

A further wrinkle is virtual sports. The Online Casino Gambling Act 2026 treats computer-simulated sport as casino gambling. Whether esports betting counts as “sports betting” under the Racing Industry Act is not established, and the offshore brands that target New Zealand readers list esports as part of their sportsbook menus. The unresolved question is not the punter’s to settle, but the regulator’s.

Tax: what the reader pays, what the operator pays

For the player, Inland Revenue guidance is that recreational gambling winnings are generally not taxable and prize money from TAB horse, dog and trotting races is not taxable. A person who bets as a business is a different matter, and the responsible line for a guide is “consult Inland Revenue or an accountant” — general information, not tax advice. For the operator, TAB NZ pays the Problem Gambling Levy of 0.74%, in force from 1 July 2025 to 30 June 2028. Overseas operators supplying New Zealand residents pay online gambling duty: 12% of profits since 1 July 2024, rising to 16% from 1 January 2027.

The duty does not make an offer lawful. Tax payment by an offshore operator does not turn the bet into a New Zealand bet, and a tax-compliant operator is still operating unlawfully under section 74AAA. The point is mechanical, not moral: duty and licensing are different questions.

Safer gambling, the part that costs nothing if it works

The tools TAB and Betcha publish

TAB NZ publishes deposit limits, time-outs and self-exclusion in its app, and an exclusion applies across both TAB and Betcha because they are the same operator. The TAB app carries a 17+ App Store age rating while stating that customers must be 18 or over to bet. The Racing Industry Act 2020 makes betting under 18 an offence under section 89; the land-based casino age is 20, and the two limits must not be merged.

The free Gambling Helpline (0800 654 655, text 8006) and Safer Gambling Aotearoa are the national help points, and the TAB and Betcha apps surface them in their safer-gambling sections. The Problem Gambling Levy of 0.74% funds harm-minimisation work in New Zealand. The framework is real, it is funded, and it is administered by a regulator the reader can write to.

The tools the offshore brands do not publish

The eight brands in the table above are subject to the harm-minimisation requirements of their own licences: Curaçao, Anjouan, or none. The Department of Internal Affairs’ warning is the practical line. A punter using an offshore brand is using a brand that is not subject to New Zealand harm-minimisation rules, has no New Zealand complaints route, and has the regulatory standing the offshore licence gives it. The point is not that an offshore brand is by definition unsafe. The point is that the New Zealand safer-gambling framework does not reach it, and the price of using the brand offshore is the absence of the framework.

What a national exclusion register does and does not do

There is no single national online-betting exclusion register. The register the casino law will require is for online casinos only. TAB NZ’s own self-exclusion is the only exclusion that applies across betting products the operator offers. The Department of Internal Affairs is the regulator the reader can write to with a complaint about a TAB or Betcha product. A complaint about an offshore brand is a complaint to the offshore regulator, if the offshore regulator accepts complaints from people outside the regulator’s jurisdiction — which most do not, in practice.

Crypto, payment rails and what the cashier looks like

What the law does to crypto

Nothing in the Racing Industry Act 2020 or the Racing Industry Amendment Act 2025 establishes a rule on crypto or VPN use. TAB NZ account opening requires a verified New Zealand address and identity document, which is a sharper rule than crypto’s anonymity gives. Offshore brands accept crypto because the offshore licence lets them: Telbet is a crypto casino and sportsbook, Thunderpick is a crypto-first brand, and several of the brands in the table list crypto among their cashier options. The Department of Internal Affairs’ warning covers crypto in the same terms it covers card and bank: minimal consumer safeguards, unspent credits may not be returned, large wins may not be paid out.

Card, bank, prepaid and the absence of a rule

No statutory payment rule for TAB NZ betting accounts was found. TAB NZ’s deposit methods and limits are operator-level and come only from its terms — never generalise. The TAB and Betcha apps offer a simplified wallet for deposits and withdrawals, with debit card and bank transfer the everyday options. Offshore brands layer e-wallets, prepaid vouchers and crypto on top of card and bank, with withdrawal times that vary by method and operator.

How fast a withdrawal lands

TAB NZ’s published withdrawal times come from its terms. Offshore brands advertise fast payouts without naming the method that gets them there. The honest line is that a withdrawal time is a method-and-operator number, not a brand category. A reader must check the operator’s terms for the method they intend to use, and assume the worst-case time stated there as the floor.

Tips, predictions and the promise the marketing makes

What a prediction site can and cannot promise

A prediction site cannot promise an outcome. Anyone who claims a “sure bet”, a “lock” or a system that wins is selling certainty that does not exist, because no party knows an outcome in advance. The honest product is a model with an edge, an opinion with a price, or a tipster with a record. The cost of trusting a prediction site that turns out to be wrong is the stake on the bet, and the cost of trusting a tipster who never publishes a record is the same stake plus the lost time.

What a betting strategy can and cannot promise

A betting strategy is a staking plan. A flat stake of 1% of bankroll per bet caps the damage of a losing run; a Kelly-sized stake grows with edge; a multi-heavy strategy raises variance. None of them changes the margin in the price. The cost a strategy cannot avoid is the margin in every price, which is the number inside every bet.

What a betting site must not advertise

A betting site must not advertise certainty, must not advertise a system that wins, and must not advertise a tip that beats the book. The advertising standards the reader can appeal to are the New Zealand Advertising Standards Authority’s Gambling Advertising Code, which says ads must not target children or young people, must not encourage harm, and must be truthful with terms available. The cost of trusting an ad that breaks the code is the bet, the lost stake, and the lost complaint route if the brand is offshore.

What each operator on the list actually looks like

TAB — the heritage brand, the only lawful online bookmaker

TAB is one of two online brands of TAB New Zealand, the only provider lawfully offering racing and sports betting to people in New Zealand since 28 June 2025 under section 74AAA of the Racing Industry Act 2020. The product is racing (thoroughbred, harness, greyhound), rugby union and league, and other sports, pre-match and live, with the racing bet types the New Zealand punter is used to: Win, Place, Each Way, Quinella, Exacta, Trifecta, First Four, Double, Treble, Daily Double, Running Double, Quaddie, Big6, plus Multis and Same Game Multis. The TAB app carries Trackside live race streaming with in-app betting, racing form, Blackbook and Jockey Challenge tools, and a simplified wallet for deposits and withdrawals. The app is 17+ rated on the New Zealand App Store; the operator’s terms state customers must be 18 or over to bet.

The verdict: TAB is the lawful product, full stop. A punter who wants to bet in New Zealand without leaving the law bets with TAB or Betcha. The product is narrower than the offshore brands in the comparison table, and the live markets are less granular. The trade-off is the New Zealand safer-gambling framework, the regulator the punter can write to, and the assurance that unspent credits and large wins are subject to New Zealand rules rather than the offshore brand’s house rules.

Betcha — the newer surface of the same operator

Betcha is one of two online brands of TAB NZ, the only provider lawfully offering racing and sports betting to people in New Zealand since 28 June 2025. The Betcha app, published on the New Zealand App Store by Entain New Zealand Limited, was first released on 6 August 2024. It covers horse, greyhound and harness racing, rugby, NRL, MMA/UFC, NBA, NFL, tennis, cricket, football, motorsports and esports. The product is newer than TAB’s and the interface is mobile-first; the back office, the wallet, the safer-gambling framework and the regulator are the same as TAB’s because Betcha and TAB are one operator, never rivals.

The verdict: Betcha is the right surface for a punter who wants the lawful product on a newer mobile app and the sports menu Betcha publishes. The cost of choosing Betcha over TAB is essentially zero, because they share the same product, the same exclusions and the same wallet.

Thunderpick — esports-first, not licensed in New Zealand

Thunderpick is esports-first, covering CS2, League of Legends, Dota 2 and Valorant, with a sportsbook that offers cash-out and a market menu from the Champions League to the NFL. The brand names a Curaçao licence (OGL/2024/677/0722), holder Paloma Media B.V., which gives the right to take bets under Curaçao’s framework and no right to take bets from a person in New Zealand. The Department of Internal Affairs’ warning applies: minimal consumer safeguards, no New Zealand complaints route, no New Zealand harm-minimisation framework.

The verdict: Thunderpick is the kind of brand a New Zealand reader meets because the marketing reaches New Zealand. The brand offers the product a reader might want — esports markets that TAB’s menu does not always cover, with cash-out and a multi-leg product. The cost of using Thunderpick from New Zealand is the absence of the framework TAB and Betcha offer: the safer-gambling tools, the regulator and the complaint route. A New Zealand punter using Thunderpick is betting in a jurisdiction the regulator has warned against.

22Bet — broad market menu, not licensed in New Zealand

22Bet offers over 30 market types per event on major football, including 1X2, Double Chance, totals, both teams to score, correct score and HT/FT, plus tennis game, set and handicap markets. The brand names a Curaçao licence (8048/JAZ), holder TechSolutions Group N.V., which gives no right to take bets from people in New Zealand. The Department of Internal Affairs’ warning applies in the same terms as for Thunderpick.

The verdict: 22Bet’s menu is broader than TAB’s on a Champions League or Premier League match, and a punter who shops that menu will see prices on markets TAB does not list. The cost is the absence of the framework. The product is what the marketing promises; the framework is what the marketing does not mention.

Sportaza — cash out and Bet Builder, not licensed in New Zealand

Sportaza offers cash out before an event or market is finalised, Bet Builder (with the convention that a voided leg voids the whole slip), multis, Asian lines and interval markets in 1, 5, 10 or 15-minute ranges. The brand names an Anjouan licence (ALSI-202606064-FI2), which gives no right to take bets from people in New Zealand. The Department of Internal Affairs’ warning applies.

The verdict: Sportaza’s product is the granular in-play product a TAB or Betcha punter might want when the live lines on the same match are thin. The cost of getting that product from Sportaza in New Zealand is the framework absence. The trade-off is concrete, not abstract: a punter who wants 10-minute interval markets and is willing to give up the regulator’s reach can find them at Sportaza.

RTbet — mainstream sportsbook, not licensed in New Zealand

RTbet’s sportsbook covers football, tennis, table tennis, basketball, ice hockey, American football and baseball, with live betting and virtual sports. The brand names a Curaçao licence, which gives no right to take bets from people in New Zealand. The Department of Internal Affairs’ warning applies. See the section “What the offshore sportsbooks offer” for the detailed brand menu.

The verdict: RTbet is a mainstream offshore sportsbook with the menu a reader might want from an offshore brand. The cost is the framework. The product is the marketing; the framework is what the marketing leaves out.

BillyBets — casino and sportsbook under one account, not licensed in New Zealand

BillyBets runs a casino and a sportsbook under one account. The sportsbook menu covers football, tennis, table tennis, basketball, ice hockey, American football, baseball, combat sports, esports, virtual sports and live betting. The brand includes cashback and reload bonuses on sports, plus a coin shop where coins earned by activity are exchanged for free bets and free spins, and a five-level VIP programme. The brand names no licence that applies in New Zealand. See the section “What the offshore sportsbooks offer” for the detailed brand menu.

The verdict: BillyBets is the all-in-one product an offshore reader meets. The cost of using it from New Zealand is the framework, and the bonus structure adds a turnover requirement a reader must clear before the bonus funds leave the account. The bonus is the marketing word; the turnover is the cost.

BigClash — virtual and esports, not licensed in New Zealand

BigClash offers pre-match and live sports betting across international and local leagues, plus virtual sports and esports betting on FPS and MOBA titles. The brand names a Curaçao licence (8048/JAZ), which gives no right to take bets from people in New Zealand. See section “What the law says” for the Department of Internal Affairs’ warning on these operators.

The verdict: BigClash is the product a punter goes to for virtual and esports markets that TAB and Betcha’s menu does not carry. The cost is the framework. The product is the marketing; the framework is the cost.

BetAlright — mainstream menu, no stated licence for New Zealand

BetAlright’s sportsbook covers football, tennis, table tennis, basketball, ice hockey, American football and baseball, with Live Betting and Virtual Sports sections. The brand names no licence that applies in New Zealand. The Department of Internal Affairs’ warning applies. See the section “What the offshore sportsbooks offer” for the detailed brand menu.

The verdict: BetAlright is the kind of brand a reader meets through an affiliate page rather than a regulator’s list.

Glorion — broad menu including entertainment, no stated licence for New Zealand

Glorion offers pre-match and live betting, virtual sports, horse racing and esports, with markets grouped into popular, niche, indoor and outdoor sports, plus entertainment events such as award shows and elections. The brand names no licence that applies in New Zealand. See section “What the law says” for the Department of Internal Affairs’ warning on these operators.

The verdict: Glorion is the broad-market brand that includes entertainment markets on top of the standard sportsbook. The cost of taking those markets in New Zealand is the framework, and the entertainment market is the kind a regulator might scrutinise closely if the operator were licensed in New Zealand. A reader who bets on an entertainment event with Glorion is betting on a market whose status under the Racing Industry Act is not established.

Frequently asked questions

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

TAB NZ and Betcha are the only operators allowed to take online sports and racing bets from a person in New Zealand under section 74AAA of the Racing Industry Act 2020, in force since 28 June 2025. The Department of Internal Affairs told unlicensed providers to withdraw with immediate effect. Every other brand listed above is not licensed to take bets from a person in New Zealand.

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

A decimal price multiplies the stake: a NZ$10 bet at odds of 2.10 returns NZ$21 if it wins, with NZ$11 as net profit because the stake is returned with the win. A multi multiplies the leg prices into one combined price and then applies the stake once. The stake is always returned with a win unless the operator’s terms say otherwise.

What is the bookmaker’s margin and how can it be seen in the odds?

The margin is what the bookmaker keeps of every dollar wagered on a market. On a two-way market at 1.90 against 1.90 the implied probabilities add to 105.3%, so the margin is 5.0% and the punter’s payout share is 95 cents in the dollar. The same calculation on a market priced at 1.85 against 1.85 gives an 8.1% margin. Margins compound on multis.

What does a player lose by betting with a bookmaker that has no New Zealand licence?

The player loses the New Zealand safer-gambling framework: the deposit limits, time-outs and self-exclusion that apply across TAB and Betcha, the Department of Internal Affairs complaints route, and the regulator’s power over unspent credits and large-win payouts. The Department of Internal Affairs warns that overseas operators may be in jurisdictions with minimal consumer safeguards, may not return unspent credits and may not pay out large wins.

From what age can bets be placed with TAB NZ, and what is checked when opening an account?

Bets may be placed from age 18; the TAB app carries a 17+ App Store age rating but its terms state 18 or over to bet. Account opening requires a verified New Zealand address and identity document. Self-exclusion applies across TAB and Betcha because they are the same operator.

Are betting winnings taxed in New Zealand?

Recreational gambling winnings are generally not taxable in New Zealand, and prize money from TAB horse, dog and trotting races is not taxable. A person who bets as a business is a different case and must consult Inland Revenue or an accountant. The Problem Gambling Levy of 0.74% is paid by TAB NZ; offshore operators pay online gambling duty, but duty payment does not make an offer lawful.

Created by the ”Nztennisodds” editorial team.