Are you tired of mediocre odds and the same old promo at TAB NZ? In this article, we will help you find the best new betting sites available in New Zealand! Read more
TAB New Zealand
TAB (Totalisator Agency Board) is New Zealand’s only land racing and sports betting agency. The TAB has been around since 1951, following a change to the 1949 law that allowed off-line betting in NZ. Today, TAB is the world’s first government-run totalizer betting service.
Since then, TAB has grown from just a racing betting organization to offering thousands of NZ and international bets daily on 31 different sports. TAB also runs Trackside, a horse racing channel in NZ, and has more than 550 physical stores. The TAB phone betting service was once popular, but now most Kiwis prefer to use the TAB app.
HOW TO BET WITH NZ TAB
TAB has a monopoly on all New Zealand on-shore betting which means it is the only NZ bookmaker with a physical store in New Zealand. TAB faces stiff competition from offshore sports betting websites and betting apps when it comes to online betting.
- Raceday bets on the racetrack
- Physical shop
- Telephone betting via TAB. call center
- Betting website
- Mobile Apps
Why do we love TAB NZ
- TAB contributes to NZ grassroots sport
- TAB has great NZ racing deals
One of the cool things about TAB, like Lotto and Instant Kiwi, is that some of the money you lose goes towards supporting grassroots NZ sports and racing. After 500+ TAB staff receive their salaries, some of TAB’s profits are reinvested in the community. So, in a sense, when you lose to TAB, you help young Kiwi athletes.
TAB started as a racing betting agency, and this focus sticks with them today. This means that the TAB covers all areas of NZ racing.
TAB has a significant market share in NZ which means that the odds are often not as good as some other racing betting sites, notably 888sport, Bet365, and LeoVegas, all of which offer guaranteed best prices British and Irish horse racing. However, you will still always find all NZ horse racing on TAB.
What we didn’t like about TAB NZ
- TAB chances are not good
- Limited TAB sports offers
- Expensive and limited payment methods
TAB has many customers in NZ but compared to some of the big sports betting companies out there, and they have very few customers. This means that their odds are often very poor because they cannot compete with the well-known bookies. TAB’s bad odds suggest that your payouts and wins are smaller with TAB than with other sportsbooks.
The TAB also can’t compete with the range of sports offered by some popular sports betting sites that we recommend. Other sites have more sports, more countries, and more bets for specific sports than the TAB. This means that multipliers and bets that you build are limited with the TAB, and you have to stick to fewer betting options.
TAB payment methods are limited to Visa Card, Master Card, and Mobile Banking/Online Banking. There is also a $2.15 fee for all Credit/Debit Card deposits. When you consider the various payment methods offered by some of the bookmakers we reviewed, you see that TAB fails.
All the sites we reviewed had no deposit and withdrawal fees and standard payment methods, including Visa Card, Master Card, Neteller, Skrill, PaySafe card, Poli, and many more.
TAB NZ decision
TAB is the most recognized name for New Zealand sports betting and racing to bet. However, we have found that TAB falls short on many fronts compared to offshore betting sites. For better odds, more sports markets, additional payout options, superior mobile apps, and even bigger bonuses, check out some of the other online betting companies we recommend at Ibebet NZ.
Best NZ TAB Alternative
- Bet365 → Highest odds, suitable for live streaming
- Betway → Various markets for football, rugby, esports, and cricket
- 888sport → Generous betting with great live betting options
- LeoVegas → New Zealand’s best mobile betting app
- 22bet → New Zealand’s most bet payout method
- Royal Panda → New to NZ – Great for live betting
- Guts → Unique and refreshing web design
- SportNation → Huge variety of football markets & opportunities
- Mr. Play → Many additional betting features
- Karamba → Best customer service and lots of bonuses
TAB NZ Racing
There are 69 genuine gallops, 51 harnesses (trotting and pacing) clubs, and 12 greyhound clubs licensed to race in New Zealand, and there are over 10,000 individual races each year.
Horse racing betting varies, and many slang terms can confuse new punters.
TAB NZ Racing offer is extensive for NZ races, but international market numbers and overall odds are not as good as on other NZ betting websites
SOME OF THE MOST COMMON NZ TAB RACING TYPES ARE:
- Win – You choose the winner of the race. If they win, so do you.
- Place – You choose the horse to come 1st, 2nd or 3rd. Sometimes in races with less than eight runner places, it only means 1 or 2.
- Each way – you choose the horse to win and be placed. For example, a $5 one-way bet is essentially one $5 bet on a horse to win and a $5 bet on the same horse to place.
- Quinella – You pick which horses will come 1st and 2nd in any order. A boxed quinella allows you to pick more horses than just two. However, the more horses that are in your box, the more your bet will cost.
- Trifecta – Is like a quinella, but you pick the first three horses in the correct order. A trifecta can also be boxed.
- First four – Is like a trifecta or quinella, but you pick the first four horses correctly. A First4 can also be boxed and is sometimes called a superfecta.
- Double – You pick the winner of two consecutive races. You will win the Double Dividend if both of your picks win, but you can still win the Concession Dividend if your first pick wins and your second pick comes second.
What Is The Difference Between Fixed And Tote Betting At The Tab New Zealand?
With Fixed odds or Final Field odds, the odds you get when you place your bet will be the odds that any of your winnings are multiplied by at the end of the race.
Tote betting odds change right up until the moment before the race. With tote betting, everyone’s money goes into a pool, and at the end of the race, only the winning selections are paid out from the collection of money. This means famous horses will return less while unpopular horses will return more.
Some of the most significant racing events in New Zealand are the Auckland Cup, New Zealand Derby, Karaka Million, New Zealand Guineas, and New Zealand Oaks. Some of the biggest racetracks are Ellerslie (Auckland), Trentham (Wellington), and Riccarton (Christchurch).
Top NZ Racing Betting Sites
Bet $10 get $30 in Free Bet
+ $10 casino bonus
- icard Prediction Results: View prediction results for horse racing with 888sports’ unique icard tool.
- Welcome Offer: Claim $30 in free bets to use on racing events after placing your $10 winning bet.
- Best Chance Guarantee: No matter how the odds change before the race, accept the best odds at the meeting of England and Ireland.
- Blogs, Racing Tips, and Previews: Read expert tipster and discover everything you need to know about the daily racing field with the 888sports blog and racing previews.
- Live Streaming and Live Betting: Watch the action live with 888sport’s live streaming capabilities.
TAB NZ Sports
TAB offers the Kiwi many sports markets to bet on, but for each match, there are often fewer options than other sports betting sites offer.
Betway and Bet365 are excellent alternative betting sites to TAB.
For example, Betway offers more than 30,000 sports markets each year and a wide range of betting options, from simple win/lose bets to specials, futures, margins, handicaps, and more.
Both Betway and Bet365 also offer many offers and promotions such as cashback bets, enhanced odds offers, early payout bonuses, and free bets.
The range of sports offered at TAB NZ is quite small compared to the larger international bookmakers
NEW ZEALAND SPORTS TAB
- Horse Racing (NZ Domestic and International fields)
- Football (EPL, Champions League, A-League, etc.)
- Super Rugby (Other rugby union matches including international test matches)
- NRL (Other rugby league matches including international test matches)
- Cricket (Test match, international, domestic, T20, etc.)
- UFC
- NBA (Plus New Zealand and Australian domestic basketball)
- NFL
- Archery
- sport
- AFL
- netball
- Bicycle
- Boxing
- Tennis
- Golf
- Tennis border
TAB NZ Odds
The default odds displayed on the TAB site are decimal odds. Some American chances are also featured.
In general, we’ve found that TAB odds are some of the worst available on the internet. This is mostly because they cannot compete with the big international sports betting sites which have more customers and are much more profitable.
Maximizing your odds means maximizing your winnings and increasing your payouts. That is why it is essential to choose a bookmaker with the best odds.
For example, let’s say TAB offers odds of 8.00 for the Blues to win Super Rugby Aotearoa, while Bet365 offers odds of 10.00 for the same bet. A $50 winning bet will return a $350 profit from TAB, while the same bet will return a $450 profit from Bet365.
In this example, you can easily earn an extra $100 by choosing the best sports betting odds from the best betting sites.
All the betting sites we reviewed have great odds.
BET OPPORTUNITIES EXPLAINED
Decimal Opportunity Explained
To calculate your payout from a bet using decimal odds, you must multiply your bet amount by the number of decimal odds. To calculate your profit, simply take the total amount of your winning payout and subtract your bet amount.
Bet Amount: $100.00
Decimal Odds: 2.50
Winning Payout: $100.00 x 2.50 = $250.00
Profit: $205.00 – $100.00 = $105.00
Opportunity Share Explained
To calculate your winnings from betting using fractional odds, you need to multiply your bet amount by the top number on the fractional odds sum and divide by the bottom number on the fractional odds amount.
Bet Amount: $100.00
Fraction Chance: 3/2
Profit: $ 100.00 x 3/2 = $ 300.00/2 = $ 150.00
American Opportunity Explained
When you bet on the underdog, American odds are always based on winning for a given $100 bet.
Bet Amount: $100.00
American odds: 150
Profit: $150.00
If you instead bet on the favorite, American odds will have a minus sign up front indicating the money you need to risk to win $100.
Bet Amount: $150.00
American odds: -150
Profit: $100.00
NZ TAB Application
The TAB NZ betting app is available for free on the App Store and the TAB website for Android devices. It can be used on Apple and Android devices.
The TAB app is pretty good, and like all of our favorite NZ sports betting apps, it has live streaming capabilities, cash payout options, and live betting.
However, we are under the impression that the TAB app is just a mobile version of their website.
When we compared the TAB app to other betting apps, such as the sports betting app LeoVegas or the betting app Bet365, we felt that the app wasn’t quite right.
This is because both LeoVeags and Bet365 designed their betting sites with a mobile-first approach. This means that their betting app not only looks good but is easy to navigate, intuitive and straightforward.
New Zealand TAB Online
Most passengers who have not downloaded the TAB NZ app use the TAB New Zealand online website. As far as betting websites go, they are relatively easy to use.
At the top of the page, you’ll be able to navigate between Racing, Sports, In-Game, and Passenger Lounge, depending on what you’re looking for. You can also log in or register with TAB New Zealand here.
On the main page of the TAB NZ online site, you will see the currently featured match and the odds of win/lose for this match. By selecting a market, you can see all the available options.
On the left side of the screen on the TAB NZ website, there is a menu with the next races, featured events, and all the sports to bet on, which you can use to find the TAb NZ betting market you are after.
Your TAB NZ bet slip is on the right side of the screen, and this is where you can see the potential, pending, and completed bets you have placed.
