One of the biggest concerns punters who have little to no experience of online horse betting is whether or not they will know if they are being ripped off. While there may be some brave enough to bite the bullet and learn from experience, others would prefer to take a more cautious approach.
This is, of course, sensible, as few people are happy about losing money, whether to fraudulent online sportsbooks or elsewhere. Thankfully, punters in New Zealand do not need to risk losing money just to find out whether or not they can trust a sportsbook.
There are ways punters can tell if their time and money would be better spent elsewhere, long before they actually place any bets. Punters should avoid unlicensed sportsbooks.
Security and Real Money Horse Betting
Real money bets are central to online horse betting in New Zealand, so it is of paramount importance that punters can make secure deposits and withdrawals at their preferred sportsbook.
The easiest way to tell if a sportsbook’s banking service can be trusted is to check the banking page for a description of the service’s security. The best sportsbooks use top-level data encryption.
While punters are checking up on banking security, they should also see which payment methods are accepted. Horse betting punters should have several methods from which to choose, including but not limited to credit cards, e-wallets, and prepaid cards.
Support for punters is just as important as a trustworthy banking service. Punters should be able to use live chat, telephone, and email to contact a team that ought to be available around the clock.
Horse Betting Markets
Online sportsbooks that accept punters in New Zealand should offer horse betting markets on local and international races. If a sportsbook offers only one of the other, punters may find their betting options more limited than they would prefer.
Punters should expect to find markets for events such as the Noel J Taylor Memorial Mile, the Auckland Trotting Cup, the Air New Zealand Stakes, the New Zealand Trotting Cup, the Windsor Park Plate, the Karaka Million, the Wellington Cup, the Great Northern Derby, the Desert Gold Stakes, the Easter Handicap, the Championship Stakes, and the Auckland Cup.
International horse betting markets should include events such as the Victoria and Epsom derbies, the Melbourne Cup, the Dubai World Cup, and the Durban July.
Horse Betting Options Online
Good quality online horse betting allows for a range of different bets to be placed. Punters in New Zealand can expect to find straight bets, as well as multiple bets and exotic bets at decent sportsbooks.
Straight bets are placed on one horse to win a race, while multiple bets are placed on either multiple horses or races. Exotic bets are more complicated.
Exacta, trifecta, and superfecta bets are placed on two, three, or four horses to finish and place respectively. Horses need to finish in order to win the bet.
Quinella bets are placed on two horses to finish, irrespective of which of those two actually wins. Banker bets are similar to exacta and quinella bets, in that the punter bets on a horse to win and several other horses to place.