Hockey betting in New Zealand in 2026 — the lawful route, the offshore one, and the price each one charges

Updated October 2026

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Coin-side details checked on 26 October 2026 against the Department of Internal Affairs’ statement on the Racing Industry Amendment Act 2025 and TAB NZ’s own published terms.

The New Zealand market for hockey bets is a single-operator market, not a competitive one

Section 74AAA of the Racing Industry Act 2020, inserted by the Racing Industry Amendment Act 2025 and in force since 28 June 2025, leaves only one provider of racing and sports betting to people in New Zealand: TAB NZ. There is no application process, no licence register and no competitor waiting for approval — the law does not give another bookmaker a route in. The Department of Internal Affairs told unlicensed providers serving New Zealand customers to withdraw with immediate effect when the change came into force, and no prosecution of an offshore brand has been published, but the prohibition sits in the statute and DIA’s public position is clear.

TAB NZ runs two online brands, not one: TAB and Betcha. They share one wallet, one parent and one licence — Entain runs both under a 25-year partnership signed in 2023, with Entain taking a 50/50 share of gross profits and committing at least $150m a year to TAB NZ for the first five years, plus a one-off $100m payment to the racing sector. Reading TAB and Betcha as rivals is the commonest mistake a comparison table can make; the page treats them as two front doors to the same operator.

The picture a New Zealand punter sees is thus narrow:

The first two rows are not two options — they are two apps of the same option. The other eight are real bookmakers in their own markets, and New Zealand readers meet them, but section 74AAA is the reason none of them publishes a New Zealand licence.

What section 74AAA actually says, and what it does not say

The amendment is short and explicit: no person other than TAB NZ may offer racing betting, sports betting or other racing or sports betting to a person in New Zealand, regardless of where that person is resident or incorporated. It applies to events held inside New Zealand and outside, and it puts liability on the operator, not on the bettor. Section 19(4) of the Gambling Act 2003, inserted in 2025, says an individual cannot be convicted for placing a bet with an offshore operator in breach of section 74AAA — no published penalty for a player exists.

What the law does not do is just as important. It does not geo-block bookmaker websites. It does not order banks to block payments. It does not create a national exclusion register for sports betting, and it does not cap bet size, ban in-play markets or restrict payment methods. None of those tools is on the page because none of them is in the statute; they are operator-level rules where they exist.

DIA’s standing warning to punters who use offshore brands: those brands may be in jurisdictions with minimal consumer safeguards, may not return unspent credits and may not pay out large wins. There is no New Zealand complaints route when an offshore operator sits behind an offshore licence and an offshore company.

The player-side tax position

Inland Revenue treats recreational gambling winnings as not taxable, and prize money from TAB horse, dog and trotting races is not taxable in the punter’s hands. A person who bets as a business sits in a different case and is not the subject of this page. The headline position is simple: a winning hockey bet on TAB does not produce a tax bill in New Zealand.

The operator-side picture is busier and is best left alone by a punter. TAB NZ pays the Problem Gambling Levy of 0.74% in force from 1 July 2025 to 30 June 2028. Offshore operators supplying New Zealand residents pay an online gambling duty on profits — 12% since 1 July 2024 and 16% from 1 January 2027. The point of consumption charge on offshore racing and sports bets ended on 30 June 2026. A duty being payable does not make an offshore offer lawful, and no part of this page must ever read as though it does.

The greyhound line that quietly affects every other market

Greyhound racing is closing in stages from 1 August 2026. From that date offshore operators may not take bets on greyhound races either, because the section 74AAA prohibition still applies. It is the one niche where the offshore loophole closes mid-year, and it is worth knowing for any punter who built a greyhound habit on an offshore bookmaker. Hockey and the major codes are unaffected.

Responsible gambling on hockey bets is operator-level, not national

The framing the punter hears in New Zealand is harm minimisation, and the toolkit is split between TAB NZ’s apps and the national helpline.

TAB NZ’s app ships three of the standard safer-gambling tools: deposit limits, time-outs and self-exclusion. A self-exclusion applies across the TAB NZ group — TAB and Betcha — because the account sits on the same parent. The app also lists the free Gambling Helpline at 0800 654 655 and the text line at 8006, run under the Safer Gambling Aotearoa brand. The minimum age for a TAB NZ account is 18, set in section 89 of the Racing Industry Act 2020; the App Store rating is 17+ but the operator’s terms push the floor to 18. Land-based casinos are 20 — that is a casino rule, not a betting rule, and never the two together.

There is no single national online-betting exclusion register in New Zealand. The exclusion register the new online casino law will require is for online casinos only. Punters who want a betting-side exclusion have to set it with TAB NZ directly, and TAB NZ is the only operator that has to honour it.

Offshore brands publish their own tools but no New Zealand harm-minimisation framework reaches them. A self-exclusion request to TAB NZ does not propagate to a Curaçao bookmaker or an Anjouan licence holder. A punter who excludes from TAB and signs up to an offshore brand has excluded from one operator, not from betting.

The introductory dimension that often slips past a casual reader: a betting line on a game in the NHL, the KHL or the Finnish Liiga reads as a sports-bet line, but the underlying offering is casino-shaped on a Curaçao or Tobique licence and outside DIA’s reach. A punter who treats every brand as one category of product finds out the difference only at the withdrawal screen.

Bonuses and free bets on ice hockey — what each one is worth

Every “free bet” and “100% bonus” on a hockey market comes with a number the marketing hides. Three costs sit on the offer: the wagering multiple (turnover required to clear it), the minimum price (only bets at or above it count) and the cap on what the offer can pay. None of them is on the front of the flyer.

TAB NZ’s own “bonus bets” promotions are the only ones operating under a New Zealand harm-minimisation framework and a New Zealand regulator. The Operator’s own terms set the wagering and the minimum price, and they change by promotion. The page describes them as TAB NZ describes them — qualitative, never as a code a reader can paste.

The offshore brands’ sports-bonus mechanics, by contrast, are casino-style. Winz.io runs a sports betting bonus promotion with a separate Sportsbook T&C, Sports Rules and Bonus Terms page; RoyalistPlay lists “sports promotions” in its navigation. Neither sits under a New Zealand licence, neither has a New Zealand complaints route, and neither ships the same consumer guarantees as a regulated bookmaker.

The cleanest way to read a “free” sports bet:

• a free bet whose stake is not paid back with a win is worth less than its face value, because the bettor keeps the winnings only;
• a “100% bonus” sits behind a wagering multiple, often in the range of 5× to 10× the bonus, and only bets at the minimum price count toward clearing it;
• a “risk-free” bet refunded as a free bet is not a refund in money — it is a token whose next stake is not paid back on a win;
• a price boost raises the odds on a single outcome; it does not change the market margin on the rest of the card.

The arithmetic is the same whichever bookmaker prints the offer. A free $20 bet on a $2.50 selection returns $30 in profit if it wins — that is the gross value, before the offer’s conditions chip into it. A bonus with a 5× turnover on the bonus amount means $500 of qualifying bets before a cent of bonus turns withdrawable, and only bets at or above the minimum price (typically 1.50 in decimal form) count toward that $500.

A punter who reads “free” as “free” reads the wrong word. The offer is a marketing spend the bookmaker prices into its margin; the punter pays for it in the time and the bets the clearance demands.

The hockey bettor’s app — what TAB NZ and the rest actually ship

TAB NZ’s mobile product is two apps from one operator: TAB – Racing & Sports Betting, published under the seller name New Zealand Racing Board and first released on 8 September 2014, and Betcha, published by Entain New Zealand Limited and first released on 6 August 2024. Both are available on the New Zealand App Store and are the only hockey-betting apps a New Zealand punter can lawfully fund from a New Zealand bank.

The TAB app covers horse and harness racing, rugby union and rugby league, other sports including ice hockey, pre-match and live markets, and carries a 17+ age rating while stating that customers must be 18 or over to bet. The app includes Trackside live race streaming with in-app betting, racing form tools, Blackbook and Jockey Challenge tools, and a simplified wallet for deposits and withdrawals. A live race stream on a horse-racing card is a TAB NZ signature; the same app carries the live betting screens on the NHL.

Betcha is the leaner sibling: horse, greyhound and harness racing, rugby, NRL, MMA/UFC, NBA, NFL, tennis, cricket, football, motorsports and esports. The age rating and the safer-gambling tools are the same — they are TAB NZ tools, attached to a TAB NZ account.

On the offshore side, every brand on this page is a browser-first bookmaker. None is a New Zealand App Store app; all are reachable through a mobile browser and most are accessible through a download from the brand’s own site. The mechanics are consistent with the casino-style offering — a single wallet for casino and sports, live betting screens, virtual sports and esports alongside the real-world fixtures. The same practical caveat applies to all of them: no New Zealand harm-minimisation framework, no New Zealand complaints route, and account opening typically requires a verified address that is not in New Zealand.

The punter-side question on app choice is simple: if the bank account is in New Zealand and the customer wants a hockey bet that the New Zealand regulator can reach, the answer is one of the TAB NZ apps. If the answer is something else, the page will name the trade-off — convenience, market depth and bonus size — and not pretend it does not exist.

Predictions and strategy for ice hockey — what the arithmetic can do, and what it cannot

Three honest statements frame the strategy section:

• a price the bookmaker offers sits inside a margin; it is not a probability, it is a probability minus a haircut;
• the bookmaker’s margin is the cost of betting, not the cost of losing;
• no system removes the margin.

The marginal cost of every wager

A bookmaker’s margin is what it keeps of every unit bet on a market. It is the difference between the payment of a perfectly fair market and what the bookmaker pays. A market at odds of 1.90 / 1.90 on a two-outcome event is a useful illustration: the implied probability of each side is 1 / 1.90 = 0.5263, so the two sides add up to 1.0526 — and the bookmaker’s margin is the 0.0526 above 1.0000, or 5.26% on the handle. Every $100 staked across both sides returns $95.05 in the long run, and the bookmaker keeps $4.95. A market at 1.85 / 1.95 has the same construction: 1 / 1.85 + 1 / 1.95 = 0.5405 + 0.5128 = 1.0533, a 5.33% margin.

The result is a band, not a single figure. The exact margin is whatever the day’s card carries, and it varies by league, by time of day, by market and by operator. NHL moneylines typically run tighter than NHL totals, and major-market matches typically run tighter than the bottom of the card. The single number to remember is the shape of the calculation: implied probabilities must add up to more than 1.0000, and the gap is the bookmaker’s cut.

What a winning bet pays back

For a single bet, return = stake × odds; net profit = stake × (odds − 1). A $10 stake at $2.10 returns $21 — $10 stake and $11 profit. A combination bet multiplies the legs into one price: a three-leg multi at $1.60, $1.85 and $2.10 carries odds of 1.60 × 1.85 × 2.10 = $6.22, so a $10 stake returns $62.20 if all three legs win. The catch is that the margin of the multi is the margin of the three legs combined, and a $6.22 price is not the same as a $6.22 probability.

What a free bet is worth on average

A free bet whose stake is not paid back with a win is worth the bet’s free amount times the margin-adjusted expected value at the odds taken. A $20 free bet at $2.50 odds on a market with a 5% margin is worth roughly $20 × (2.50 − 1) ÷ 2.50 × 0.95 = $11.40 on average — less than half its face value. That is the long-run expected value across many such bets; a single free bet either wins or it does not. The marketing word “free” is doing a lot of work in the gap between $20 and $11.40.

The two strategy mistakes that recur

The first mistake is over-betting favourites. A $1.40 favourite on the NHL moneyline looks safe but carries an implied probability of 1 / 1.40 = 0.7143, against a fair probability that is lower. The bookmaker’s margin on favourites is wider than the headline price suggests, and the long-run hit rate does not match the punters’ belief.

The second mistake is chasing bonus terms that cost more than they pay. A bonus with a 6× turnover on the bonus amount, a 1.80 minimum price and a 30-day deadline demands roughly $300 of qualifying bets per $50 bonus, on markets at a 5%+ margin, which costs roughly $15 of expected value. The bonus headline of “free money” is a small print contract whose worst line is the minimum price.

A bankroll rule that survives: stake a fixed percentage of bank, never chase losses, and read the small print before claiming anything whose headline price sounds generous.

Bet types and odds on ice hockey — the markets a punter actually uses

The three-way line (1X2, where 1 is home win, X is regulation draw and 2 is away win) is the dominant market on most European and IIHF tournaments. It prices in the possibility of overtime and a shootout — the “X” is a draw after regulation, not after the final whistle. NHL regular-season games, in contrast, are settled on the final score including overtime and the shootout, so the puck-line and the moneyline dominate instead of a three-way line.

The moneyline (head-to-head) is the simplest: pick the team to win, including overtime. The puck-line is the spread: a favoured side lays -1.5 goals, an underdog takes +1.5. Totals (over/under) sit on the combined score, typically at 5.5 or 6.5 goals. Player props — shots on goal, points, save totals — are increasingly common on the major North American books but thin on smaller cards.

Same-game multis (SGMs) let a punter combine legs from one event: a Hurricanes win, Brady Skjei over 0.5 points and total over 6.5. The legs multiply into one price, and the margin of an SGM is wider than the margin of any single leg. The same trade-off applies to multis across games.

Live betting on ice hockey is fast. The markets pause after goals and re-open in seconds. The TAB NZ apps list live betting in their navigation, and the offshore brands push live betting on every sport they carry. The thinness of the live odds card is the practical limit — a less popular KHL match may not have a live puck-line, only a moneyline and a total.

Odds format in New Zealand is decimal. TAB NZ publishes in $2.10 form, not fractional. A punter who learned on fractional odds reads a $2.10 line as “11/10”, and the conversion is right; the decimal form is what the punter sees on the screen.

A practical worked example on a three-way hockey line

A three-way line at $2.40 home, $3.60 draw, $2.80 away prices the three outcomes at implied probabilities 0.4167, 0.2778 and 0.3571 — a sum of 1.0516, a margin of about 4.9%. A punter who stakes $10 on the home win and wins receives $24. A punter who stakes $10 on the away win and wins receives $28. The bookmaker’s cut on the long-run handle of $30 across all three outcomes is roughly $1.50, and that is what the bookmaker keeps whether the home side wins, the away side wins or the game goes to overtime.

Sports and tournaments the ice hockey bettor follows

The sport itself is structured around a small set of governing bodies. The International Ice Hockey Federation is the highest governing body of ice hockey. A professional ice hockey game has three periods of twenty minutes, with each side fielding six players including one goaltender. Tied ice hockey games go to overtime; the NHL regular season follows overtime with a penalty shootout, while since 2019 the IIHF World Championships and the Olympic gold medal game use 3-on-3 overtime. Men’s ice hockey has been part of the Winter Olympics since 1924, and women’s ice hockey was added in 1998.

The tournaments a punter’s card most often prices

• NHL — the North American league, 32 teams, the highest-profile card on the calendar. The 2026–27 NHL season starts on 29 September 2026 with 32 teams playing 84 games each, up from 82, and the regular season ends on 10 April 2027. The Carolina Hurricanes beat the Vegas Golden Knights in the 2026 Stanley Cup Final.
• IIHF World Championship — the annual senior men’s tournament, played under 3-on-3 overtime since 2019.
• KHL — the Russian-based continental league, contested across Europe and Asia.
• Champions Hockey League — the European club competition, contested by the top domestic champions.
• Olympic hockey — Winter Olympic tournament, men’s since 1924 and women’s since 1998.
• SHL (Sweden), DEL (Germany), Liiga (Finland), Extraliga (Czech Republic), National League (Switzerland) — the major European domestic leagues.

Where each league sits on the card

The NHL carries the deepest card: moneylines, puck-lines, totals, period betting, player props, SGMs and live markets. The European leagues carry narrower cards: moneylines, totals, occasional puck-lines and limited live markets. The international tournaments carry larger mids. The bookmaker’s margin moves inversely to card depth: a thin KHL card is wider-margin than an NHL card on the same night.

What the bookmaker’s terms say about each sport

TAB NZ carries ice hockey in its sportsbook along with the racing codes and rugby codes; the App Store listing names the sports covered and lists deposit limits, time-outs and self-exclusion on the same screen. The offshore brands vary: BillyBets lists ice hockey explicitly; FunBet lists ice hockey; Glorion groups its sports into popular, niche, indoor and outdoor and lists ice hockey in its menu; RoyalistPlay lists ice hockey among its top sports; Thunderpick is esports-first with a cash-out feature but does not foreground ice hockey. The same TAB NZ product on the TAB and Betcha apps is the only one with a New Zealand licence line.

New Zealand hockey betting — how the brands compare

The ten brands below are split into two groups, because section 74AAA splits them. TAB and Betcha are the lawful group; the other eight are the offshore group, marked “Not licensed in New Zealand”. The page does not rank one group above the other — it describes each on its own terms.

TAB

TAB is one of two online brands of TAB NZ, the only provider lawfully offering racing and sports betting to people in New Zealand under section 74AAA of the Racing Industry Act 2020. The TAB app covers horse and harness racing, rugby union and rugby league, other sports including ice hockey, pre-match and live markets, with Trackside live race streaming, racing form tools and a simplified wallet. Safer-gambling tools — deposit limits, time-outs and self-exclusion — sit inside the app, and the same exclusion applies across the TAB NZ group.

The TAB offering is the only one a New Zealand punter can fund from a New Zealand bank with a regulator behind it. The trade-off is the depth of the card on niche leagues: the NHL carries a full card; the bottom of the KHL or the SHL is thinner. The home-field advantage is the harm-minimisation framework and the public complaints route.

Betcha

Betcha is the second TAB NZ brand, published by Entain New Zealand Limited and first released on 6 August 2024. It covers horse, greyhound and harness racing, rugby, NRL, MMA/UFC, NBA, NFL, tennis, cricket, football, motorsports and esports. Betcha is the same TAB NZ account in a different app shell, and the safer-gambling tools, the wallet and the exclusion are identical to TAB’s.

For a punter who already has a TAB account, Betcha is the same product in a newer wrapper. The card depth is the same; the navigation is the difference. A punter who likes the Betcha UI but wants a complaint to reach DIA is betting on the same parent.

BillyBets

BillyBets is an offshore brand, not licensed in New Zealand. Its sportsbook covers football, tennis, table tennis, basketball, ice hockey, American football, baseball, combat sports, esports, virtual sports and live betting under one account. Casino and sportsbook share one wallet, and the licence is offshore with no New Zealand harm-minimisation framework.

The pitch for a hockey punter is breadth — ice hockey is explicitly listed, live betting is in the menu, and the casino-style wallet is one balance across sports and slots. The pitch against is the New Zealand position: section 74AAA, no local complaints route, and the DIA warnings about unspent credits and unpaid winnings.

FunBet

FunBet is an offshore brand, not licensed in New Zealand, with odds on football, ice hockey, American football, basketball, volleyball, tennis, rugby and baseball, with live betting and a bookmaker described as open 24/7. The card is wide on the popular codes and includes live betting screens, but the hockey card depth is thinner than the NHL card at TAB NZ.

For a New Zealand punter, FunBet’s draw is the 24/7 line and the live markets; its drawback is the same as every other offshore brand on this page — no New Zealand licence, no local complaints route, no DIA oversight.

Glorion

Glorion is an offshore brand, not licensed in New Zealand, with pre-match and live betting, virtual sports, horse racing and esports, with markets grouped into popular, niche, indoor and outdoor sports, plus entertainment events such as award shows and elections. The breadth extends into entertainment, which is a category a New Zealand punter’s regulated offering does not carry.

The angle for a hockey punter is the breadth of the menu and the entertainment markets. The angle against is the entertainment-category framing — markets on elections and awards are not what TAB NZ takes, and the consumer guarantees on those markets are not what TAB NZ offers.

RoyalistPlay

RoyalistPlay is an offshore operator with no New Zealand licence, offering live betting, sports promotions, results and a schedule, with ice hockey among its top sports. The brand names a Tobique Gaming Commission e-gaming licence (No. 0000002), held by Novatrix SRL, which gives no right to take bets from people in New Zealand. The “sports promotions” tab is where the bonus mechanics live.

For a hockey punter, RoyalistPlay’s draw is the explicit sports promotions lane and ice hockey’s place in the top sports. The drawback is the Tobique licence’s distance from New Zealand consumer protection.

Winz.io

Winz.io is an offshore operator with no New Zealand licence, featuring a sports betting bonus promotion and a separate Sportsbook T&C, Sports Rules and Bonus Terms page. The brand names Anjouan and Tobique licences held by Novatrix SRL, neither of which extends to New Zealand customers.

The angle for a hockey punter is the explicit split between casino and sportsbook terms — a sportsbook T&C is rare among the offshore brands and worth reading for its own sake. The angle against is the licence structure, which puts the operator outside DIA’s reach.

Thunderpick

Thunderpick is an esports-first brand, not licensed in New Zealand, covering CS2, League of Legends, Dota 2 and Valorant, with a cash-out feature and markets from the Champions League to the NFL. The brand names a Curaçao licence (OGL/2024/677/0722), held by Paloma Media B.V.

For a hockey punter, Thunderpick is the wrong fit — the brand’s centre of gravity is esports, not ice hockey. A punter who follows League of Legends more closely than the NHL may find a better fit, but the page’s subject is hockey and the brand does not foreground it.

Millioner

Millioner is an offshore operator with no New Zealand licence, covering pre-match and live events on football, tennis, table tennis, basketball, ice hockey, American football and baseball, with separate Live Betting and Virtual Sports sections. The card structure is conventional, with a live betting tab and a virtual sports tab.

For a hockey punter, Millioner’s draw is the conventional layout — it does what a sportsbook is expected to do — and the inclusion of ice hockey in the list. The drawback is the licence position, which is the same as every other offshore brand on this page.

Alawin

Alawin is a foreign betting brand lacking a New Zealand licence, covering football, tennis, table tennis, basketball, ice hockey, American football and baseball, with Live Betting, Virtual Sports and esports also on the menu. The card structure is conventional.

For a hockey punter, Alawin’s pitch is a familiar sportsbook layout with ice hockey in the menu and a live betting tab. The pitch against is the licence position and the absence of a New Zealand harm-minimisation framework.

Frequently asked questions

Is betting on ice hockey legal in New Zealand?

Betting on ice hockey is legal through TAB NZ, whose two online brands are TAB and Betcha. The monopoly is set by section 74AAA of the Racing Industry Act 2020 and took effect on 28 June 2025. There is no other licensed bookmaker in New Zealand.

What is the minimum age to place a hockey bet in New Zealand?

The minimum age for a TAB NZ betting account is 18, set in section 89 of the Racing Industry Act 2020. The TAB NZ app carries a 17+ App Store rating but the operator’s terms push the floor to 18. Land-based casinos are 20, and the casino rule is not the betting rule.

What safer-gambling tools are available on a New Zealand hockey bet?

TAB NZ’s apps carry deposit limits, time-outs and self-exclusion. A self-exclusion applies across both TAB NZ brands — TAB and Betcha — because the account is shared. The Gambling Helpline at 0800 654 655 and the text line at 8006 are listed in the apps. There is no single national online-betting exclusion register.

How is the bookmaker’s margin calculated from the odds?

For a two-outcome market at odds 1.90 / 1.90, the implied probabilities are 1 ÷ 1.90 and 1 ÷ 1.90, summing to 1.0526. The bookmaker’s margin is the sum above 1.0000, or 5.26%. The margin is what the bookmaker keeps of every unit bet on the market in the long run, and it varies by league, market and operator.

Why does the same bet pay differently on TAB NZ and on an offshore bookmaker?

The odds differ because the markets differ and the margins differ. A market at $2.10 on TAB NZ carries a different margin from a market at $2.15 on an offshore brand, and the offshore brand’s payout depends on its own licence and its own wallet rules. The New Zealand position is that only TAB NZ may lawfully offer the bet, and an offshore brand offering the same bet is operating outside New Zealand’s consumer-protection framework.

How do I bet on a hockey game?

Pick the market — moneyline, puck-line, total or same-game multi — enter the stake, confirm the bet. A winning single returns stake × odds; a winning multi returns stake × the multiplied odds. The bet is settled on the official result including shootouts for NHL regular-season games and after regulation for IIHF three-way lines.

How do I bet on hockey using a cryptocurrency sportsbook?

The mechanics are the same as a regular sportsbook, but the wallet is in crypto. The punter funds the account from a crypto wallet, places the bet, and withdraws back to the wallet. The trade-off is the absence of a New Zealand harm-minimisation framework and the absence of a New Zealand complaints route.

How do I bet on hockey using a sports insights service?

A sports insights service is a tipster or analytics product, not a bookmaker. The punter still needs a bookmaker account to place the bet; the service provides picks, lines or projections. The arithmetic of the bet does not change: the bookmaker’s margin sits inside the price regardless of who picked the side.

Which bookmaker may lawfully take sports and racing bets in New Zealand?

TAB NZ, through its two online brands TAB and Betcha. The monopoly is set by section 74AAA of the Racing Industry Act 2020, inserted by the Racing Industry Amendment Act 2025 and in force since 28 June 2025. There is no application route for another bookmaker.

How is the return on a bet worked out from the stake and the odds?

Return = stake × odds; net profit = stake × (odds − 1). A $10 stake at $2.10 returns $21 — $10 stake plus $11 profit. A multi multiplies the legs into one price: three legs at $1.60, $1.85 and $2.10 give $6.22, and a $10 stake returns $62.20 if all three win.

Published by the Nzhoopsbets team.