VIP Online Sports Betting in New Zealand 2024

We've outlined our best online sportsbooks for New Zealand on other pages of SNBET, where all our recommended brands lie outside the Australian regime, so you may deposit, play with and withdraw NZD. Aussie brands require AUD accounts, so if you're going to bet big, you'd be paying big FX fees too. Beyond helping you avoid needless currency exchange fees, we apply a lens that is meant to highlight how our recommended operators provide the best experience for VIPs, or people that intend to deposit and wager with relatively significant sums.

Why does this page matter to high net worth bettors in New Zealand? The reality is that people that wish to deposit four, five or even six-figure sums of money for the purposes of high stakes betting, may test the limits of gaming operators in two important ways: 1) The deposit limits for the given payment method, and 2) the win limits as defined in the sportsbook rules.

If you are planning on betting at these elevated levels, your time is clearly very valuable. Thus, it's important to know that your betting site of choice will be able to accept deposits at these levels on your preferred payment methods. Then, since you intend to bet with high stakes, it's important to know that you will get paid in full, for the gamble you've made. This is where understanding your win limits comes into play.  You might be surprised at how low the various win limits can be at various operators. You don't want to leave money on the table due to your lack of awareness of low win limits.  We apply this lens to our recommended brands so you can see exactly how they'll work for you.

VIP sports bettors in New Zealand: why win limits really matter to high stakes players

Win limits can get pretty complicated, but we'll simplify things for you. First, know that the brands that we've highlighted here have the highest win limits that we have found among the reputable companies that serve New Zealand.  Generally, sportsbooks set a win limit for how much a bettor may profit (above your stake) in a given day.  This limit may vary depending on what you are betting on.  Top football events tend to have the highest limits, since it is by far the most popular sport, which receives the most betting action. Just below top soccer events, the next highest limits tend to come for NFL, NBA, MLB, NHL and ATP events and their most popular betting markets. At some top-end providers, New Zealand favourites like rugby union, rugby league and cricket can slot in at the same level.

All our recommended brands here can have some pretty high limits, but they do differ. Even if you do not sign up with our recommended brands, understand that if you intend to bet with high stakes, you need to be aware of the win limits at your chosen provider, to ensure you get the full potential value of your wagers should they win.

Sportsbooks do not typically provide warnings in advance if your potential profit exceeds their win limit. They accept the bet first and may limit you afterward if necessary. It's crucial to understand this aspect before placing bets, as outlined in their terms and conditions.

Leaving substantial potential winnings on the table, especially after taking significant risks, is not ideal. VIPs or high-stakes players should be aware of the win limits that apply to their betting activities. Ensuring that you'll receive full payment for your high-stakes bets is essential if you're willing to take such risks.

What are the daily win limits for our recommended VIP sportsbooks for New Zealand

Below, we provide the latest win limits from our recommended VIP brands for the most popular sporting events for betting in New Zealand, correct as of March 24, 2024. Note that these figures may change and the full win limit details, tiers and structures could be more complex. Check the respective operators' betting rules or terms and conditions for full details. Limits are provided in Euros or British Pounds as a baseline. Thus the limit in NZD limits will be approximately 1.8 times or 2.1 times these figures respectively. 

bet365 daily win limits for the main markets within rugby union and rugby league are €500,000. For cricket, the daily win limit is €250,000. For top football events and markets, the daily win limit is €2,000,000. Top North American leagues tend to be at a €500,000 daily win limit. These limits at bet365 are essentially the highest we've seen, which is why they are our #1 selection for big stakes players in New Zealand.

Betway daily win limits for rugby Union, rugby league and cricket is £100,000. For top football events the daily win limit is £500,000. For top North American sports, the limit is £250,000. 

MarathonBet has daily win limits at €75,000 for all rugby union, rugby league and cricket events. The daily win limit for all top football, tennis and North American leagues is €250,000

BetVictor daily win limits are for £500,000 for top football events.  They are around £100,000 per day for rugby, cricket and most other popular sports.

Casumo lists a general maximum win payout of $500,000 (NZD) across all games and sports. There will certainly be limits by each individual sport within this.

What payment method allows for the largest sportsbook deposits in New Zealand?

The method that will allow the largest deposit value from New Zealand is actually a method that is not available at most betting sites; a bank transfer (aka wire transfer). bet365, our number one-ranked brand is the one that supports them, where the maximum deposit available is $200,000 per deposit.  No other payment method, or operator comes close to allowing this size of deposit. While it is perhaps not the quickest or most convenient payment method, it certainly facilitates movement of the largest value of NZD.

What other New Zealand sportsbook payment methods facilitate the large deposits?

Online sportsbook VIP customers need to move money in large amounts in a secure, swift and convenient manner.  However, the maximum amount that is allowed to be transacted by each respective payment method is not uniform across operators. The methods that are most common that tend to offer the highest limits for players in New Zealand are Skrill, debit and credit cards. It bears warning about the 'cash advance' charges that come when using a credit card to fund your account. Even as a VIP, you'd do well not to waste your cash on these fees if you could just as easily use a debit card or these other methods that are much more economical and just as quick.

Which e-wallet supports the largest deposits from New Zealand?

Across the sportsbook brands we recommend, Skrill always comes out on top as the e-wallet with the largest possible deposit transactions for New Zealand.  With Skrill, if you complete all their anti-money laundering compliance checks, verifying your identity and so forth, you may be able to make deposits as large as 60,000 NZD per transaction. When you use Skrill as your e-wallet provider.  Skrill is available at bet365, Betway, MarathonBet and Casumo.

What are the maximum deposits allowed via credit & debit cards at our recommended VIP brands?

The largest deposit you can make from New Zealand via debit or credit card to top sportsbook providers is for $50,000 per deposit.  You may look to either bet365 or BetVictor for the highest possible credit and debit deposits.  Betway allows credit/debit card deposits as high as $15,000, and they have several other payment methods available at this level. 

About Apple Pay as a VIP sportsbook deposit method in New Zealand

Apple Pay is a very convenient way to make credit or debit card payments to gaming sites from New Zealand, but few brands have added it as an option. If you like Apple Pay as a mobile payment method, know that as of March 25, 2024, only bet365 supported it for deposits, with maximum values in the region of $10,000.

Note that if you use your credit card as the base funding source, your transaction will be treated as a "cash advance," which will come with elevated interest and fees from your card provider from the moment of the transaction. Use debit as your base funding source if you can via Apple Pay, in order to avoid these fees. 

Is PayPal available as VIP deposit method for gambling sites in New Zealand?

PayPal is no longer supported at top betting sites for New Zealand which also offer NZD accounts.  If playing in your native currency is important to you, which it should be, look at e-wallet provider Skrill for the highest limits and NZD compatibility. Skrill is accepted at four of our top recommended sites. Beyond this, your Visa or Mastercard debit card would be the next most accepted and convenient option which works directly in NZD for very little, if any fees.

Is Bitcoin or crypto a good VIP payment method at top New Zealand betting sites?

For the most part, no. Bitcoin and other cryptocurrencies are not accepted at sportsbooks based in either the Gibraltar or Malta gaming jurisdictions.  However, it is accepted as a payment source in Curacao, thus several crypto currencies are accepted toward an NZD account at MarathonBet.  If you are actually looking to deposit crypto, bet with units of crypto, and then withdraw that crypto, there is only one provider that we recommend for direct crypto sports betting from New Zealand. Given all the very visible scam brands on the market, it's better to stay safe.

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