Deposit Money Into A Betting Site In New Zealand
Reliable Deposit Methods
Welcome to our guide that tells you how to deposit money into a betting site in New Zealand. While it’s perfectly fine just to bet on sport for fun, there’s nothing like putting down a real money bet to add some excitement to the mix.
As a result, we’ll show you some of the safest and fastest deposit methods for betting in New Zealand. In addition to this, we’ll explain how you can go about making withdrawals from bookmaker sites so that you have easy ways to enjoy whatever winnings you make from your sports bets.
This should mean that you can quickly get into the fun of making real money bets at the best betting sites in New Zealand. Plus it’s also worth noting that many of these payment methods can also be used for playing pokies and table games at the best online casino in New Zealand.
It’s all part of how our online betting guide for New Zealand aims to give you a complete picture of how to bet on sport in our nation. Not only will we answer important questions like ‘What is Asian handicap betting?’ and ‘What is 1×2 betting?’, but we’ll show you the most trustworthy deposit methods for betting in New Zealand. So keep reading to see how you can deposit money into a betting site into New Zealand.
The importance of how you deposit money into a betting site in New Zealand
Regardless of whether you’re at a standard sports betting site or a betting exchange in New Zealand, you will need to carefully consider what payment methods you choose to use. This is because each of the deposit methods for betting in New Zealand will all have their advantages and disadvantages.
Some payment methods will offer you speedy deposit and withdrawal speeds, while others may take significantly longer. The same applies to how much money you are actually allowed to deposit and withdraw with the various deposit methods for betting in New Zealand.
In addition to this, certain payment methods may see you subject to some annoying fees that will be imposed just for adding money or making withdrawals to your betting account.
All of which shows that your choice of how you deposit money into a betting site in New Zealand should be something that you don’t make lightly. Plus it’s also worth noting that all of the available bookmakers may facilitate different payment methods on their site. So if you’re asking which bookmaker is the best for beginners in New Zealand, you might also want to factor their available payment methods into the equation.
How to deposit money into a betting site in New Zealand
You should find it relatively simple to deposit money into a betting site in New Zealand. The first thing that you will need to do would be to register your account at a bookmaker’s website. This should usually just take a handful of minutes to do, and you’ll normally be required to give the bookmaker some personal details like your name, address, email, date of birth and mobile telephone number.
Once you have successfully registered and verified your account, you should be able to head to the cashier page on the bookmaker’s site and pick your preferred payment method. You’ll probably see options for making a credit card or debit card deposit, but other payment options should include the likes of ewallets, prepaid cards and bank transfers.
After you have picked your deposit method, you will just have to enter in how much you’d like to deposit. Bear in mind that most bookmakers have a minimum deposit amount. This can vary according to the payment method you choose to use, but it’s common to be able to make deposits from around $10 at most sports betting sites.
Once you have entered in your deposit amount, you should be free to submit the deposit and the money should quickly show up in your betting account. Bear in mind that deposits made with payment methods like bank transfers could take a few days to be processed.
Picking deposit methods for betting in New Zealand
Your choice of deposit method will have a big impact on how your initial sports bets fare at a bookmaker’s site. This is because you will find that certain payment methods will be processed much faster than others. It’s also important to note that the amount that you can deposit will vary according to the payment method you choose to use.
Not only will this affect anybody who’s planning to try some of the opportunities for no risk matched betting New Zealand has to offer, but your deposit methods might even affect what kind of welcome bonuses you get. This is because it’s fairly common for bookmakers to only allow deposits made with credit cards or debit cards to qualify for their sign up offers.
All of which shows that your choice of deposit methods are almost as important as knowing how betting odds are calculated. So keep reading to see some of the most common payment methods that you’re likely to come across at betting sites in New Zealand.
Using credit and debit cards to fund your sports bets
Credit cards and debit cards are the most common and preferred methods for making deposits at bookmaker sites. Not only do card brands like Visa, MasterCard and Maestro allow you to make almost instant deposits, but you’ll also find that you can deposit more with credit cards and deposit cards. In addition to this, card deposits carry a high degree of security at all fully encrypted sports betting sites.
If you take a look at the best betting sites with credit card in New Zealand, you will find that nearly all of the best bookmakers in the nation accept this payment method. This means that if you choose to use a credit card or debit card to fund your sports bets, you will have the greatest choice of bookmakers.
So are there any downsides to using cards to fund your sports bets? You should know that some card providers and betting sites may impose charges for making deposits and withdrawals.
Plus it’s important to mention that card withdrawals might take longer to process when compared to other payment methods. Despite this, you shouldn’t have to wait more than a handful of days to receive your withdrawals via a card.
Why ewallets are popular for sports betting
It’s been interesting to see how many sports fans now choose to use an ewallet to fund their sports bets. You’ll probably know all about the PayPal ewallet, and this payment provider offers you plenty of flexibility for making deposits and withdrawals at the best betting sites with PayPal in New Zealand.
However, it’s important to note that PayPal isn’t the only ewallet that you are going to come across. We can show you the best betting sites with Neteller in New Zealand, along with the best betting sites with Skrill in New Zealand. Both of these payment types offer you the chance of making quick and efficient deposits and withdrawals at bookmaker sites.
In addition to this, there are plenty of contenders for being the best betting sites with EcoPayz in New Zealand. Each of these ewallets should be able to offer you fast ways to move your money around, although you should know that you might have to pay some fees to withdraw money from your ewallet account back to your regular bank account.
Using ewallets gives you the advantage of not having to enter in card details at a bookmaker’s site. Not only does this improve your online security, but the whole process can be much faster too. However, you should note the fact that ewallet withdrawals will commonly disqualify you from picking up many bookmakers’ deposit bonuses.
Other deposit methods for betting in New Zealand
The majority of decent bookmakers will also allow you to make a standard bank transfer to fund your sports bets. We can show you the best betting sites with bank transfer in New Zealand and you should find that all of these bookmakers will allow you to deposit a large amount of money with this payment method.
The main drawbacks to using a bank transfer to move your money around would be the slow processing times for withdrawals, along with the fact that you might have to withdraw a larger minimum amount when compared to other payment methods.
Some sports fans have found that prepaid cards offer them plenty of convenience and security when adding money to their betting accounts. Brands like Paysafecard have proven popular as they won’t require you to expose your credit card details at any point, and they can be used to make lightning fast deposits. Obviously the main issue with using prepaid cards would be the fact that you won’t be able to make withdrawals with these payment methods.
We should also note the fact that more online bookmakers are starting to accept cryptocurrencies like Bitcoin for making payments on their sites. If you take a look at the best betting sites with Bitcoins in New Zealand, you might find some of the biggest bookmakers are absent. This means that you’ll get less choice in terms of odds if you have your heart set on making Bitcoin payments, but you could benefit from making speedy deposits and withdrawals with all of the other benefits that this cryptocurrency affords.
Safety concerns when you deposit money into a betting site in New Zealand
Online security should always be at the forefront of your mind when using sports betting sites. Nowhere is this more true than when you are making your deposits as you’ll be granting the bookmaker access to some fairly sensitive financial information.
If you’ve ever asked ‘Is online gambling legal in New Zealand?’ you’ll probably realise that it’s only legal to bet at those sites that are fully licensed and regulated. This is also a good guide for finding those bookmakers who will take adequate care of your online payments.
A fully licensed betting site will mean that the bookmaker has passed all of the relevant tests to show that they can safely handle your deposits and withdrawals. If you know how bookmakers make money, it should only be through offering you a secure and fair online gambling experience and your financial safety should never be compromised.
However we realise that mistakes will sometimes happen when you make your deposits at bookmakers’ sites. So we’re proud to unveil one of the most reliable guides to making bookmaker complaints New Zealand has to offer.
What about making withdrawals from bookmaker sites?
Once you’ve made some winnings, you’ll be keen to make a withdrawal of your profits. Just to clarify, we’re talking about withdrawals, not cashing out, although we do have a good guide to questions like ‘How does cash out betting work?’.
You should be able to make withdrawals from bookmaker sites in a similar way that you would with your deposits. Just simply head into the cashier section and enter how much you’d wish to withdraw. There will usually be a minimum withdrawal amount and most bookmakers prefer to pay you back to the payment method used to make your deposits.
Processing speeds vary according to the payment method used to make your withdrawals. You’ll probably find that ewallets offer the fastest payouts as you should get your profits within 24 hours of making your withdrawal request. For card withdrawals and bank transfer withdrawals, the withdrawal process could be significantly longer, although you should always expect to receive your winnings within a week.
Most bookmakers will normally allow you to make withdrawals free of charge. However there are a handful of betting sites who will add some processing fees to the withdrawals that you make. Be sure to factor in any of these fees as they have the potential to seriously eat into your sports betting profits.