The Most Common Betting Bonuses in New Zealand Explained

With the convenience and accessibility of online betting, the ability to bet on your favorite sports in New Zealand has never been easier. There are hundreds of betting sites offering different bonus deals on new and existing accounts across the country.

But before heading to the sites with the best betting bonuses in New Zealand listed here, make sure you know the difference between each bonus type and how to make the most out of it. Here, we go through the most common types of betting bonuses in NZ, along with some tips and tricks to ensure that you take advantage of them fully.

No Deposit Bonuses

No deposit betting bonuses are most commonly used by new players who have never played on the site before and want to test out the games before they make any kind of commitment with real money. They're also used as a way for the website to get more customers, since there is no risk involved on behalf of the player.

Deposit Bonuses

A deposit bonus is a type of reward that is given to a player when they make their first deposit into an online gambling site. A typical amount for this bonus ranges from $50 to $150, but will vary depending on the provider. These bonuses are often seen as being offered for new players, but are also sometimes provided to existing members of the site.

A deposit bonus is one of the most common types of offers that can be found in the industry and it can be used to incentivize various groups of people. For example, it can be offered as an additional reward for players who have previously been inactive or as a way to attract more new customers.

Money Back Specials

One of the most popular bonuses offered by betting sites is the money back special. This type of bonus offers gamblers a chance to get their money back if they lose their first bet. It is a great opportunity. If you do win; some providers will only give gamblers part of what they've won or offer a freebet instead. If you want to take advantage of this type of bonus, make sure to read through the terms and conditions before proceeding.

Some will stipulate that you have to wager at least two times your deposit before withdrawing any funds. Others will state that you have to wager at least four times your deposit before withdrawing any funds. These requirements can significantly increase the amount of time it takes for players to withdraw their funds but when you withdraw, you withdraw big.

Free Bets

In order to be eligible for a free bet, you have to have wagered the deposit and bonus amount 5x. This means that you will need to place bets five times the size of your original bet before being able to withdraw any winnings from your account. For example, if you deposited $50 and received a $25 bonus, you would need to place bets totaling at least $150 ($50+$25) before being allowed to withdraw anything from your account.

Once you meet these requirements, simply contact the casino that offered you the free bonus and ask them about their withdrawal policy.

Conclusion

Knowing the most common betting bonuses will make it easier for you to choose a site that offers the type of bonuses you're looking for. Not all sites offer the same types of bonuses, so choosing wisely is essential. If you're unsure which type of bonus to take advantage of, go through their FAQ and with the help of our article, you will be able to choose.