Until the middle of 2025, if you wanted to bet on sports from New Zealand, whether
on the All Blacks or any other team, it was important to be able to register your
account with a betting site that offered accounts in New Zealand Dollars so you could
deposit, bet and withdraw in your home currency, so you could save up to 5% in exchange
fees on each transaction.
Many New Zealanders simply registered with highly visible brands that operate in
nearby Australia, but the reality is that with those companies, you’d have played
in Australian Dollars rather than New Zealand Dollars. Furthermore, Australian-serving
companies create special .com.au sites that strip out casino and poker offerings
due to Australian regulations. You could have enjoyed these offerings by signing
up with the main brand at their regular international website. Kiwis could simply
get more choice with the regular sites while saving on currency conversion fees with
the top brands that we recommended at one time.
However, June 2025 has brought about big legal changes to both New Zealand sports
betting and what will be a new market of legal NZ online casinos. If you want to
bet on sporting events online now, offshore sites are no longer legal options for
Kiwis. Only TAB NZ and Betcha brands are legally allowed to serve New Zealanders.
This is a big change, as offshore sites were allowed by NZ law to serve you. Somewhat
strangely, the most popular online gaming type, online pokies and casinos got different
treatment from the government with legal changes at the same time in 2025. A new
local market of casino websites is set to open in New Zealand with up to 15 license
holders from July of 2026. Until then, Kiwis may legally play at all offshore casino
sites until those new license holders get set up in the new market. So you’ll have
some choice open in terms of casino gaming, but essentially no choice with your sports
betting, as the latter two brands come from the same gaming company.
New Zealand Dollar Bookmaker Banking Methods
Skrill, EcoPayz and Poli are popular payment methods that are compatible with NZD
and are available for bookmaker banking from New Zealand. Check your chosen bookmaker
to find current availability as they can change over time. Credit cards, debit cards
and bank transfers are other possible methods for you.
You should however take care with regard to Entropay, Entropay is often listed as
an NZD payment method. Entropay virtual Visa numbers are a great method for online
payments, but they are only available in USD, EUR and GBP. So although you could
technically use Entropay to fund your New Zealand Dollar betting account, you would
have to exchange funds twice to do so.
Here’s what happens: If you have New Zealand Dollar base funding source and betting
account, you would exchange funds once to load the Entropay card and then exchange
these funds again at the betting site to fill your NZD betting account. Both currency
exchanges will include hidden fees.
About the New Zealand Dollar
The New Zealand dollar with sign '$', code 'NZD', is the currency and legal tender
of New Zealand and the Cook Islands. Within New Zealand, it is almost always abbreviated
with the dollar sign ($). Sometimes 'NZ$' is used to distinguish it from other dollar-denominated
currencies.
New Zealand Dollar History
The New Zealand Dollar was introduced in 1967 by the Reserve Bank of New Zealand.
Prior to that, the New Zealand pound was the country's currency and had been distinct
from the British Pound since 1933. The main change that occurred with the switch
from the pound to the dollar was the decimalization of the dollar, as the pound worked
from a system where a pound was divided into 20 shillings and each shilling divided
into 12 pence. New Zealand wanted the simplicity of a decimal-based currency. At
first, the NZD was pegged against the US Dollar at the rate of 1.62 USD to 1 NZD.
This rate changed several times until 1985 when it began to float freely in the
market.
New Zealand Dollar as Traded in World Currency Markets
The New Zealand dollar, sometimes called the 'Kiwi dollar', is consistently one of
the 10 most traded currencies in the world. Despite the proximity in geography to
Australia, which has its own heavily traded currency, the foreign currency that is
most traded against the New Zealand dollar is the US Dollar. View NZD to USD rate
now. View NZD to AUD rate now.
Comparing Odds at New Zealand Dollar Betting sites
As a prospective online bettor from New Zealand, you may wish to get the maximum
potential payout for your single, combination or system wagers. Potential payouts
can vary significantly between online bookmakers and you can finding the best odds
through comparison. This is an important idea, but it is also important to find
the best odds from the right betting sites for people in New Zealand and that includes
the currency availability. Why look at odds from betting sites that do not offer
your native currency? It’s a waste of your time given the exchange fees that you
would lose to play with these sites. This is why oddsjet.com is likely the best
odds comparison site for sports bettors in New Zealand as they only display odds
from New Zealand betting sites that offer New Zealand Dollar accounts and payment
methods.
