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Wealthy bettors in the New Zealand that want to bet and potentially win very large amounts of money need to know which betting sites offer the highest betting limits and winning limits. Most sportsbooks only target the average bettor that plays for recreation. Given this, many betting sites keep their limits relatively low to avoid large losses that could happen through winning combination wagers. All the sportsbooks I list below are reputable and solvent enough to accept some of the highest stakes, ensuring they can pay out the highest allowable winning bets.
Sports betting sites set their limits for bettors typically in two ways: 1) by the amount won in a given day in a given sport, or 2) by the amount allowed to be wagered on a particular event and by the type of bet like the total, the straight match winner (aka 1x2, or moneyline), or against the spread, (aka the handicap).
I list the betting limits and banking limits (where possible) below for my recommended New Zealand betting sites that have the highest limits. If you require the highest betting limits as you choose a betting partner, this page gives you the information you need to make a sound decision. For the ultimate high stakes players, Pinnacle is a great option when betting on ALL team sports.
BetVictor calculates its upper limit by the amount a bettor may win in a single day. This depends on the events the bettor chooses to play. The larger events have higher limits. Below you will see the daily payout limit listed and the competitions to which this limit relates. NZD limits are the currency equivalent of the GBP amounts listed below.
£500,000 Full International Matches, English Premier League, English Championship, English Leagues 1 & 2 , English FA Cup, Scottish Premier League, Spanish La Liga, Italian Serie A, German Bundesliga 1, French Le Championnat, Dutch Eredivisie, Portuguese Liga Sagres & UEFA Champions League
£100,000 Blue Square Premier League, Carling Cup, Scottish Divisions 1,2 & 3, Spanish Segunda Division, Italian Serie B, German Bundesliga 2, French Ligue 2, UEFA Europa League, Africa Nations Cup & Copa America
£50,000 All other competitions
£10,000 is the maximum payout for any Man of the Match bet
The maximum payout on the Olympic Games per customer is £50,000 or currency equivalent.
ALL OTHER SPORTS
Sports Betting = £100,000
HORSE AND GREYHOUND RACING
Note: "Full Service refers to horse races for which full details (shows of betting, card & results) are viewable on the BetVictor.com website
When all selections are covered by "FULL SERVICE".
a) Great Britain & Ireland = £500,000
b) Horse Racing -
When any selection is not covered by "FULL SERVICE".
a) Horse Racing -
b) Horse Racing -
Pinnacle Sports sets its limits based on the amount that may be wagered on a given type of bet for a given league or event. When you register and log in, every event in your interface will clearly display the betting limit for that particular event. The information below will help you understand the approximate limits for the most popular events in New Zealand Dollars. These do change and the bigger the match, the higher the limit. For example, the betting limit for the 2014 World Cup finals matches was 1 million US dollars or equivalent currency.
Pinnacle has no withdrawal limits at all. You will only be limited by the given banking or funding method that you select and several of these have no limits at all with Pinnacle.
Event/League Handicap 1X2 Total
NBA $100,000 $40,000 $40,000
NHL $10,000 $10,000 $5,000
MLB $40,000 $60,000 $20,000
EPL $60,000 $40,000 $20,000
NFL $100,000 $40,000 $60,000
Issues of New Zealand Betting