Lay Betting Sportsbook Review
In New Zealand, online sports betting forms a significant part of the sports industry. For as many people who are watching the game, as many are trying to predict the outcome. Traditionally, a punter would approach a bookmaker or sign up with an online sportsbook in order to get the best odds for the race or event they wish to wager on. With the introduction of exchange betting, punters can take on the role of the bookmaker, create their own odds, lay a bet or choose to back one already posted.
Casinos with a sportsbook
12 operators run a sportsbook beside the casino lobby, with one account for both. Terms below are the ones they publish.
Listing checked
- 1
Joo Casino
Up to NZ$3,000 + 200 free spins over 3 deposits
- Deposits from NZ$30
- Wagering 50x
- Licence: Curacao
- Bitcoin withdrawals Instant
Terms and operator
Published welcome terms: Up to NZ$3,000 + 200 free spins over 3 deposits, wagering 50x, minimum deposit NZ$30
Licence on file: Curacao
Operator: Stable Tech N.V. (per AskGamblers now; historically Dama N.V.)
Payments and games
Deposit methods: Visa, MasterCard, Maestro, Neosurf, Skrill, Neteller, Paysafecard, Google Pay
Game studios: Evolution Gaming, NetEnt, Games Global, Pragmatic Play, Play'n GO, Playtech, Yggdrasil Gaming, Quickspin
- 2
GranawinHas a sportsbook
100% up to NZ$200 + 120 free spins
- Deposits from NZ$30
- Wagering 40x
- Bitcoin withdrawals Instant
- Online since 2024
Terms and operator
Published welcome terms: 100% up to NZ$200 + 120 free spins, wagering 40x, minimum deposit NZ$30
Operator: TechSolutions Group N.V.
Payments and games
Deposit methods: Visa, MasterCard, Skrill, Neteller, Paysafecard, Apple Pay, Google Pay, Bank Transfer
- 3
N1Bet CasinoHas a sportsbook
Up to NZ$10,000 + 200 free spins over 4 deposits
- Deposits from NZ$30
- Wagering 50x
- Licence: Curacao
- Bitcoin withdrawals 3–5 minutes
Terms and operator
Published welcome terms: Up to NZ$10,000 + 200 free spins over 4 deposits, wagering 50x, minimum deposit NZ$30
Licence on file: Curacao
Operator: Stable Tech N.V. (Curacao)
Payments and games
Deposit methods: Visa, MasterCard, Maestro, Neosurf, Skrill, Neteller, Paysafecard, Bank Transfer
Game studios: Evolution Gaming, NetEnt, Games Global, Pragmatic Play, Play'n GO, Playtech, Yggdrasil Gaming, Quickspin
- 4
National Casino
100% up to NZ$500 + 100 free spins
- Wagering 40x
- Licence: Canada: Kahnawake Gaming Commission
- Bitcoin withdrawals Instant
- Online since 2020
Terms and operator
Published welcome terms: 100% up to NZ$500 + 100 free spins, wagering 40x
Licence on file: Canada: Kahnawake Gaming Commission
Operator: TechSolutions Group N.V.
Payments and games
Deposit methods: Visa, MasterCard, POLi, Neosurf, Skrill, Neteller, Paysafecard, Apple Pay
Game studios: Evolution Gaming, NetEnt, Microgaming, Games Global, Pragmatic Play, Play'n GO, Playtech, Yggdrasil Gaming
- 5
Cashed CasinoHas a sportsbook
100% up to NZ$1,000 + 200 free spins
- Deposits from NZ$20
- Wagering 35x cash / 40x spins
- Licence: Curacao
- Bitcoin withdrawals 3–5 minutes
Terms and operator
Published welcome terms: 100% up to NZ$1,000 + 200 free spins, wagering 35x cash / 40x spins, minimum deposit NZ$20
Licence on file: Curacao
Payments and games
Deposit methods: Visa, MasterCard, Neosurf, Skrill, Skrill 1-Tap, Neteller, Paysafecard, Apple Pay
Game studios: Evolution Gaming, NetEnt, Microgaming, Pragmatic Play, Play'n GO, Playtech, Quickspin, Red Tiger Gaming
- 6
Zotabet CasinoHas a sportsbook
100% up to NZ$2,000 + 300 free spins
- Licence: Curacao
- Bitcoin withdrawals Instant
- Online since 2022
Terms and operator
Published welcome terms: 100% up to NZ$2,000 + 300 free spins
Licence on file: Curacao
Payments and games
Deposit methods: Visa, MasterCard, Maestro, Neosurf, Skrill, Neteller, Paysafecard, Bank Transfer
Game studios: Evolution Gaming, NetEnt, Pragmatic Play, Playtech, Yggdrasil Gaming, Quickspin, Red Tiger Gaming, Big Time Gaming
- 7
PowBet CasinoHas a sportsbook
100% up to NZ$1,000 + 200 free spins
- Deposits from NZ$20
- Wagering 35x
- Licence: Curacao
- Bitcoin withdrawals Instant
Terms and operator
Published welcome terms: 100% up to NZ$1,000 + 200 free spins, wagering 35x, minimum deposit NZ$20
Licence on file: Curacao
Payments and games
Deposit methods: Visa, MasterCard, Neosurf, Skrill, Skrill 1-Tap, Neteller, Paysafecard, Bank Transfer
Game studios: Evolution Gaming, NetEnt, Microgaming, Pragmatic Play, Play'n GO, Playtech, Yggdrasil Gaming, Quickspin
- 8
20bet CasinoHas a sportsbook
100% up to NZ$200 + 120 free spins
- Deposits from NZ$20
- Wagering 40x
- Licence: Curacao
- Bitcoin withdrawals Instant
Terms and operator
Published welcome terms: 100% up to NZ$200 + 120 free spins, wagering 40x, minimum deposit NZ$20
Licence on file: Curacao
Operator: TechSolutions Group N.V.
Payments and games
Deposit methods: Visa, MasterCard, Neosurf, Skrill, Neteller, Paysafecard, MuchBetter, Jeton
Game studios: Evolution Gaming, NetEnt, Games Global, Pragmatic Play, Play'n GO, Playtech, Yggdrasil Gaming, Quickspin
- 9
All Slots Casino
100% welcome package up to NZ$1,500
- Deposits from NZ$5
- Wagering 35x
- Licence: Malta Gaming Authority
- Skrill withdrawals 0–2 hours
Terms and operator
Published welcome terms: 100% welcome package up to NZ$1,500, wagering 35x, minimum deposit NZ$5
Licence on file: Malta Gaming Authority
Operator: Baytree Interactive Ltd (69691), Guernsey
Payments and games
Deposit methods: Visa, MasterCard, Maestro, Neosurf, Skrill, Skrill 1-Tap, Neteller, Paysafecard
Game studios: Evolution Gaming, NetEnt, Microgaming, Games Global, Pragmatic Play, Red Tiger Gaming, Big Time Gaming, ISoftBet
- 10
BitStarz Casino
Welcome package up to NZ$2,000 + 180 free spins
- Deposits from NZ$20
- Wagering 40x
- Licence: Curacao
- Bitcoin withdrawals 3–5 minutes
Terms and operator
Published welcome terms: Welcome package up to NZ$2,000 + 180 free spins, wagering 40x, minimum deposit NZ$20
Licence on file: Curacao
Payments and games
Deposit methods: Visa, Visa Credit, MasterCard, Maestro, Neosurf, Skrill, Neteller, Paysafecard
Game studios: Evolution Gaming, NetEnt, Microgaming, Pragmatic Play, Play'n GO, Playtech, Yggdrasil Gaming, Quickspin
- 11
22bet CasinoHas a sportsbook
100% up to NZ$500
- Wagering 50x
- Licence: Canada: Kahnawake Gaming Commission
- Bitcoin withdrawals Instant
- Online since 2017
Terms and operator
Published welcome terms: 100% up to NZ$500, wagering 50x
Licence on file: Canada: Kahnawake Gaming Commission
Operator: TechSolutions Group N.V. / Marikit Holdings Ltd
Payments and games
Deposit methods: Visa, MasterCard, Maestro, Neosurf, Skrill, Skrill 1-Tap, Neteller, Paysafecard
Game studios: Evolution Gaming, NetEnt, Microgaming, Games Global, Pragmatic Play, Play'n GO, Quickspin, Red Tiger Gaming
- 12
Betway Casino
100% up to NZ$500 on each of first 4 deposits
- Deposits from NZ$20
- Wagering 50x
- Licence: Malta Gaming Authority
- Bitcoin withdrawals Instant
Terms and operator
Published welcome terms: 100% up to NZ$500 on each of first 4 deposits, wagering 50x, minimum deposit NZ$20
Licence on file: Malta Gaming Authority
Payments and games
Deposit methods: Visa, Visa Electron, MasterCard, Maestro, POLi, Neosurf, Skrill, Skrill 1-Tap
Game studios: Evolution Gaming, NetEnt, Microgaming, Games Global, Pragmatic Play, Play'n GO, Big Time Gaming, Hacksaw Gaming
Reference listing for readers aged 20 and over. These operators are based offshore and hold no New Zealand licence — the Department of Internal Affairs issues the first local licences from 1 December 2026. Figures are the terms the operators publish and change without notice. Help with gambling: gamblinghelpline.co.nz, 0800 654 655.
Exchange Betting
For those who are new to the concept, exchange is a form of peer-to-peer sports betting. While the exchange site is used as a medium for the exchange, all bets are created, backed and paid out between the punters themselves. The most significant advantage that it offers is the opportunity to lay a bet. Essentially, this is like taking on the role of the bookmaker where you are betting against a certain outcome, rather than backing the outcome.
For example, if you are trying to predict which team will win the Champions League outright, the best football odds will give you an idea that it may be Manchester United or Real Madrid. The problem is that you are not sure. It is easier to say that Manchester will probably not win, and any other team will win. You can then lay Manchester at whatever odds you choose and see if someone wants to back them.
How to Lay a Bet
This type of betting can work two ways. Firstly, you can create your own bet, post it and see if someone wants to back your prediction; or you can lay a wager that someone wants to back. The first example is one we have already covered; where you decide to lay a particular team or individual at odds you create. The higher these are, the more likely someone will want to back the bet.
In the second instance, you can choose to place a wager that someone wants to back. It may be that the best sports betting brands are only offering odds of 4.00 or lower, and the punter wants to back this particular team at 6.00 or 7.00. In this case, you can accept the wager and set odds you both agree on for a specific amount.
Pros and Cons
The downside is that if the punter is successful, you are the one who has to pay out the winning amount. In the above case, if you accepted $50 at odds of 6.00, you would have to pay out $250 if the backer picked a winner. If the person backing chose incorrectly, you would pocket the $50 wager, minus the percentage fee that is taken off from the exchange site.
Whether placing a lay or a backing bet, the system works in the same way as online and mobile sports betting sites. You first have to sign up and make a deposit into your account before you can take any action. When you win, the funds go into your account, minus the fee taken off by the exchange site for using the facility. For punters looking for something different, it is a great option, and well worth a try.
