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New Zealand Online Sports Betting Banking Methods

You want to get started betting on sports or horses, but need to know about the best services available to deposit and withdraw funds to and from your sports betting site account.  I’ve outlined the kinds of banking methods below and the most accepted methods within each category for service in New Zealand.  You will see that the most popular methods are generally available across each of the online sportsbooks.  If you are interested in understanding the transaction size limits for each method, these vary across betting sites.  In other word the limit for Skrill will be different at each betting site.  

Credit and Debit Cards like Visa and MasterCard are accepted by every betting site in my list.  Depending on your credit card company, your deposit may be treated with sportsbooks as cash advances, not purchases.  This means that your transaction may be eligible for interest charges from the moment of the transaction.  Check to see if this is in fact the case with your particular card if you wish to avoid these interest charges.  Maestro and Visa Debit and Visa Electron are considered “debit” solutions which allow you to debit funds from your associated bank account, which avoids interest charges.  Even if your bank card does not have any of these logos on the card, it is likely one or the other.  Check with your bank to ask if you can debit your card anywhere MasterCard or Visa is accepted - you probably can, which means you can use it at essentially every betting site from New Zealand.



 

Credit cards, debit cards and prepaid credit card solutions

E-wallet solution providers

Bank debit and transfer solutions

Prepaid vouchers and cards

POLI is a payment solution that allows deposits from your New Zealand-based bank account.  POLI is purely a deposit or payment method, not for withdrawals.

Bank Wire Transfers are available at most sportsbooks and in almost every country of the world for transfer to sportsbooks.  Wire transfers may take a little longer to settle as a transaction but this method generally allows for extremely high limits and is thus very good for high rollers.

Skrill (and Skrill One-Tap), and EcoPayz are the best e-wallets for New Zealand.  Other names in the e-wallet space (like Neteller) do not offer NZD accounts. With them, you can link a credit card or bank account as a funding source to deposit money into your betting site account, or conversely, use them to withdraw winnings. Skrill One-Tap is a part of Skrill that you can set up in order to make super fast payments from your Skrill balance or associated payment methods.

The benefit of these e-wallet providers is that they allow you to move money electronically for very low fees, in very little time.  Depositing money is nearly instantaneous, and withdrawals are often processed within 48 hours at most sportsbooks, sometimes, within 24 hours.  

An additional benefit of some of these e-wallets is their ability to allow you to access their service from your smartphone or mobile device.  Additionally, these e-wallet providers allow for transaction sizes large enough to accommodate the needs of almost every bettor.  

Entropay is essentially a virtual Visa card which is prepaid - meaning there is no credit check or application required.  It allows you to pay instantly and privately so that you don’t share your financial information with the betting service, and your card statement won’t have a betting-related charge listed, but rather “Entropay”.  There is a caveat to Entropay for customers in New Zealand.  It is only available in balances of USD, EUR and GBP.  This means that it is not a great way to fund an NZD account.  You’d pay an exchange fee to load the card, then pay another hidden fee to fund your NZD betting account from Entropay.  Although Entropay is available in New Zealand and can be listed as a way to fund your NZD account, it will surely be a costly if convenient way to do so.

Paysafecard is similar to a gift card where you may buy in amounts of  $10, $20, $50, $100 or $200 each with a unique 16-digit PIN. This is in New Zealand Dollars when bought in New Zealand.  You may combine cards for payments up to 500 NZD.  

Bethard Available NZD Banking Methods

Pinnacle.com Available NZD Banking Methods

MarathonBet Available  NZD Banking Methods

Unibet Available New Zealand Banking Methods

888sport Available New Zealand Banking Methods

William Hill Available New Zealand Banking Methods

Spin Palace Sports Available NZD Banking Methods

Betway Available NZD Banking Methods

Go!

bet365 Available NZD Banking Methods

bet365 offers several major banking methods to New Zealand customers but they prefer you visit their site to view the latest details for deposits & withdrawals.

Go! Go! Go! Go! Go! Go! Go! Go!