The world of online sports has been growing in popularity over the years and to ensure that users are getting an unforgettable gaming experience with maximum winnings it is important to understand how online betting works. Each sports betting site will have various advantages and disadvantages with regards to their online experience, extra deals, bonuses, and offers, therefore it is these factors to prioritize and consider when registering.
In order to get a good idea of what to expect, we will be answering some frequently asked questions:
Are you able to watch live games?
Not all betting sites offer the feature of streaming live matches, although some do and you will then have access to watching the games that you have bet on. This would be advantageous since you will be able to see the action happening in real-time and there will be a wider range of broadcasts and odds prices available.
Can I place bets via mobile?
Absolutely, most regular bettors prefer to place wagers from their smartphones and tablets and all sites that have been recommended by experts are mobile-optimized, where many will even offer an Android or iOS app to download.
Is any additional software necessary?
With online sports betting sites, it is not a prerequisite to download and install any software. If you would like to enjoy these games on-the-go, then you can simply download the mobile app if the site offers this feature.
How do I claim free bets or bonuses?
All the best bookmakers listed by experts in the industry will offer free bets and welcome bonuses. Becoming a regular at the betting sites you have selected will also allow you to access more promotions and be able to earn additional bonuses at a later point. If you would like to have a look at the list which has been carefully compiled for your convenience, click here.
How long will it take to get my winnings?
It depends on the bookmaker and the payment method you’ve chosen. Using the best online betting sites will offer you some of the fastest-paying bookies available. In general, an e-wallet withdrawal method such as PayPal or Netteller will clear funds within 24 hours, meanwhile, debit or credit card withdrawals will take anywhere from 1-5 working days, whilst bank or wire transfers could take even longer.
Will I have to pay taxes on my winnings?
Typically sports betting is not tax-free, however, there are no taxes that you have to pay on your winnings that you have made on New Zealands’ online sports betting sites. The law stipulates that online betting is a recreational pastime and not a source of income which means that you will be able to keep everything you win.
Which country legally allows you to place live bets?
New Zealand is an example of a country that allows live betting, legally. As a bettor, you can place bets in pre-match markets, but it does not require any other additional legislation. The recommended online betting portals that have been reviewed and ranked by a team of experts will be the safest platforms to place bets online.
Are all bookies safe?
Not all online betting sites’ bookmakers are safe to trust, however, all sportsbooks recommended on safe betting sites where experts have reviewed these bookmakers will offer 100% safe and secure access to its users.
Which sports can I bet on?
With most online sport betting sites you have a wide variety of options when it comes to the sports that you choose to bet on. A few worth mentioning are rugby, cricket, football, horse racing, and basketball. A particular favorite in New Zealand is horse racing since this island country is home to popular events such as the New Zealand Derby and the Auckland Cup, however, rugby remains the most popular overall.
Once you have decided which betting site offers the best services it should be important that you set a budget, compare odds and lines, and be clear on the rules before you get started. With all the online sports betting sites available to users across the globe, the importance of understanding the procedures and regulations is vital to secure your funds and pocket big winnings.