Facts Concerning Sports Betting in New Zealand
New Zealand online betting sites are extremely well-liked across the country, and numerous players take part. From casual betters to seasoned gamblers, Kiwis are excellent fans of both local and international sporting events. In fact, numerous players enjoy the ease of mobile sites like the Platinum Play mobile casino with casino entertainment and easy mobile access. Discover some fantastic facts and stats about Kiwi punters by reading the subsequent facts.
How to Calculate Your Winnings from a Bet
We all want to have a winning bet. Whether you are in New Zealand or elsewhere in the world, it's nice to know how to calculate what you could win from a bet. Let's go through some examples to show you how:
Single Bet
To calculate your return on a single bet, you simply multiply your stake by the odds. So, if you've bet $10 at odds of 4.3, your return would be $43 — your original stake is included. For comparison, decimal odds of 1.00 would be your total stake.
Double Bet
Calculating the return on a double bet is identical. Firstly, work out how much you'll win from your initial bet, then add that amount onto the odds of your second bet. For example, a $10 betting stake at 4.5 odds and 2.0 odds. Your total return would be $90.
Sports Betting Tips in New Zealand
Some tips for friends don't go amiss when it comes to sports betting. New Zealand sports betting novices can definitely benefit from having a good strategy — we believe the following tips are great starting points.
Claim a Welcome Bonus
The top internet sports betting bonus is probably not that hard to find. Most bookmakers offer at least a sign-up bonus to enable you to get the most from your first few bets. Of course, there'll be conditions and terms, so read them before you bet with any of the bonus cash.
Stick to Your Betting Budget
Successful bettors never wager more than they can afford to lose. The whole point of sports betting is to enjoy the experience and cheer on the horse, team, or athlete of your choice. Once you’ve set a betting budget, stick to it — no matter how tempting it is to bet more.
Place Bets Early
If you're highly interested in a sporting event, follow your gut feeling when prices initially appear. Bookmakers tend to decrease prices, especially on favorites, as the event is about to start. Placing an early bet can yield a bonus in the form of higher prices.
Sign Up with Several Bookmakers
There is no need to be loyal to one bookmaker when sports betting. If another bookie also offers a fine deal or an attractive offer on an event of a sport, you are in no way bound from registering with a second, a third, or a fourth bookmaker. Go ahead and compare.
Sports Betting using Your Mobile Phone
Forget queuing in front of the bookie. With mobile betting apps, you just need to possess a smartphone and you can place bets. Through internet betting, you have 24/7 access to the bookmaker of your choice, as well as a massive variety of sports and events. In our review of each sports betting website, we consider websites that are mobile-friendly and well-optimized, including whether they have an excellent sports betting app.
Frequently Asked Questions About New Zealand Sports Betting
Are online bets popular in New Zealand?
Yes. Kiwis enjoy expressing passion for sport by placing bets on their favourite teams and events. With so much sport being popular, there is no shortage of choice on the internet when it comes to checking out the best New Zealand betting site.
Which sports are best to bet on in New Zealand?
There is no one-size-fits-all, but the simplest sports to bet on are those that you understand and know inside out. That being said, some of the most popular sports to bet on in New Zealand are rugby, cricket, football, and basketball — just to name a few.
How do I place a bet online?
In practice, it's very consistent from site to site. Grab hold of a sportsbook you feel happy with, open an account, and make your first deposit — usually under "My Account". Then work your way through the menu to access your sport and market of choice, insert your stake, and add it to your bet slip. Confirm, and your bet is on!