3 things to keep in mind regarding New Zealand’s growing sports betting market

Without a shred of doubt, New Zealand’s sports betting market is facing an upward trend. There are absolutely no legal obstacles to placing a bet online, and we have countless websites like MobileBet that are fighting for the pundits’ attention. Soccer? Check. Cricket? Yup. Rugby? You got it. But before you get excited to place your first bet, here are a couple of things to bear in mind:

1. The legal aspect of sports betting in New Zealand

As we’ve already established, sports betting in New Zealand is 100% legal. The market itself, however, is unregulated. Although it’s impossible for a bookie to set up a sports betting website that rests on the country’s servers, there’s absolutely nothing stopping them from finding a hosting provider outside of it (at least from a legal standpoint).

If you’re going with an offshore one, it’s best to stick to the ones with some form of licensing granted by one of the major gaming jurisdictions. After all, it’s in your best interest to have a fair betting experience. You could even visit a brick and mortar bookie if you prefer, even though most of the pundits gravitate to its online counterparts.

2. Is it safe to place a bet?

The short answer is yes – if you’ve studied up on your cyber security essentials and picked a reputable provider. The country officials themselves have stated on numerous occasions that placing a bet online is safe from the legal standpoint as well, which is another set of worries that’s off the table.

If you’re concerned about taxes, don’t be. In fact, New Zealand sports bettors are excused from having to report their winnings. In other words, what you’ve managed to win is yours to keep!

3. Factors you should consider when choosing a betting website

Trustworthiness should take precedence, so make sure to pick a licensed one before considering any other factor.

Then, you should be looking at what payment methods are available. For instance, some may not be comfortable with handing out their credit card details, which is exactly why payment processors such as Paypal were built. Instead of having to give your credit card number out to every website, you only give it to them, and they take care of everything else for every single online purchase or deposit you make. But if you don’t particularly mind, MasterCard and Visa holders should face no payment obstacles irrespective of the bookie you end up choosing.

Moving on with the selection criteria, we have the language preferences. While English is the default one and is likely to be understood by most, if not all of the users, there are some who would like to see another alternative. It’s a minor consideration, but a notable one nonetheless.

Currency is another one. The New Zealand-friendly sports betting websites should have no quarrel offering you to pay with New Zealand dollars, so there’s that.

Last but not least, we have the welcome bonuses and promotions. While there is no set rule and many of it comes down to sheer preference, you should go with the one that not only offers you a generous welcome bonus, but also has enough ongoing promotions and special events to keep you motivated and busy for days to come.

Conclusion

Sports betting in New Zealand is huge and it’s here to stay. With so many bookies to choose from, it’s up to you where you want to experience all the thrills it can offer!