Best Horse Racing Betting Sites in New Zealand (2024)

Find and compare the best horse racing betting sites in New Zealand. Our experts have put together a top 5 list to guide you towards the best experience.

Best NZ Horse Racing Betting Sites

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Tonybet
Our score: 8/10
100% Up to NZ$150
  • Fast Withdrawals
  • Great Mobile Betting Apps
  • 33+ Sports
Bonus info
  • Min. Deposit 15
  • Max. Amount 150
  • Expiration 14 days
Our score
  • Bonus
    8
  • Customer support
    7
  • Payment methods
    8
  • Licensing safety
    8
  • Design & usability
    8
  • Overall
    8
Payment methods
  • VISAVISA
  • MastercardMastercard
  • SkrillSkrill
  • Neteller logoNeteller
  • Payz logoPayz
  • PaysafecardPaysafecard
  • neosurf logoNeosurf
  • BitcoinBitcoin
  • ethereum logoEthereum
bet365
Our score: 9/10
Get up to $30 in Bet Credits
  • #1 Best Betting Apps in NZ
  • Free Live Streaming
  • World's Biggest Bookmaker
Summary

Bet365 NZ is owned by the Bet365 Group and operated by Hillside (International Sports) ENC. It was launched in April 2000 and the site has fast become the go-to platform for casino and sports betting in New Zealand.

Our score
  • Bonus
    10
  • Customer support
    10
  • Payment methods
    9
  • Licensing safety
    10
  • Design & usability
    10
  • Overall
    9
Payment methods
  • VISAVISA
  • MastercardMastercard
  • PaysafecardPaysafecard
  • apple pay payment methodApple Pay
  • Bank TransferBank Transfer
10Bet
Our score: 8/10
100% up to $1,000 Welcome Bonus
  • Crypto-Friendly
  • Lots of Reload Offers
  • Strict Security
Bonus info
  • Min. Deposit $10
  • Max. Amount $1,000
  • Turnover 10x
  • Expiration 15 Days
  • Bonus code STAR
Our score
  • Bonus
    7
  • Sports betting offer
    7
  • Casino offer
    7
  • Customer support
    5
  • Payment methods
    7
  • Licensing safety
    9
  • Design & usability
    8
  • Overall
    8
Payment methods
  • ethereum logoEthereum
  • BitcoinBitcoin
This offer is for newly registered players. Terms and conditions apply.
Betway
Our score: 8/10
NZ$60 Free Bet + 20 Free Spins
  • Trusted Bookmaker
  • High odds
  • Fantastic Betting App
Bonus info
  • Min. Deposit NZ$10
  • Max. Amount NZ$60
  • Turnover 0x
Our score
  • Bonus
    9
  • Customer support
    8
  • Payment methods
    9
  • Licensing safety
    9
  • Design & usability
    8
  • Overall
    8
Payment methods
  • MastercardMastercard
  • VISAVISA
  • Muchbetter logoMuchBetter
  • SkrillSkrill
  • Neteller logoNeteller
Terms and conditions apply.
BetVictor
Our score: 9/10
100% Matched Free Bet up to NZ$100
  • 30+ Sports
  • Highest Betting Odds in our Tests
  • Live Streaming
Bonus info
  • Min. Deposit NZ$10
  • Max. Amount NZ$100
  • Turnover 0
  • Expiration 7 Days
Our score
  • Bonus
    10
  • Customer support
    9
  • Payment methods
    8
  • Licensing safety
    10
  • Design & usability
    9
  • Overall
    9
Payment methods
  • VISAVISA
  • MastercardMastercard
  • PaysafecardPaysafecard
  • poli payment methodPOLi
LeoVegas
Our score: 9/10
Up to NZ$50 Free Bet
  • Fantastic Betting Apps on iOS and Android
  • High Betting Odds
  • Fast Withdrawals
Bonus info
  • Min. Deposit NZ$10
  • Max. Amount NZ$50
  • Turnover No wagering
  • Expiration 14 Days
Our score
  • Customer support
    9
  • Payment methods
    8
  • Licensing safety
    9
  • Design & usability
    8
  • Overall
    9
Payment methods
  • apple pay payment methodApple Pay
  • nuvei payment methodNuvei
  • adyen payment methodAdyen
  • checkout payment methodCheckout
  • SkrillSkrill
  • Neteller logoNeteller
  • PaysafecardPaysafecard
  • neosurf logoNeosurf
  • inpay payment methodInpay
Rabona Logo
Our score: 9/10
First Deposit Bonus NZ$200
  • Great Welcome Bonuses
  • VIP Promotions
  • Live Betting
Bonus info
  • Min. Deposit NZ$40
  • Max. Amount NZ$200
  • Turnover 6x (min 1,5 odds)
  • Expiration 30 days
Our score
  • Bonus
    8
  • Customer support
    10
  • Payment methods
    10
  • Licensing safety
    7
  • Design & usability
    8
  • Overall
    9
Payment methods
  • VISAVISA
  • MastercardMastercard
  • neosurf logoNeosurf
  • PaysafecardPaysafecard
  • skrill 1-tap payment methodSkrill 1-Tap
  • SkrillSkrill
  • Neteller logoNeteller
  • evoucher by cash to code logoeVoucher by CashtoCode
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Betting on Horse Racing in New Zealand

Horse racing may not be as popular in New Zealand as in Australia, or the UK for that matter, but it remains prominent for sports betting with meetings held each week. Enthusiastic bettors will surely be following meetings from all over the world, especially since there are daily races in Australia, and this means there are ample betting opportunities.

Since many foreign betting sites are available for Kiwi bettors, the horse racing sections are usually very comprehensive with meetings from all over the world, while there are also good welcome offers to claim. However, it might be difficult for new bettors to determine which sites are the best, and that is why we have put together a top 5 list of horse racing bookies in New Zealand.

Key Information About the Best Horse Racing Betting Sites

đź’» Operator
bet365
bet365
TAB logo
TAB
Betway
Betway
BetVictor
BetVictor
LeoVegas
LeoVegas
🏇 Horse Racing Coverage New Zealand, Australia, UK, Ireland, Brazil, France, Hong Kong, Japan, Italy. New Zealand, Australia, UK, Ireland, Brazil, France, Hong Kong, Japan, Italy. Australia, UK, Ireland, USA, Brazil, France, Japan, South Africa. Australia, UK, Ireland, Brazil, France, USA. Australia, UK, Ireland, USA, South Africa.
📺 Horse Racing Streaming ✅ ✅ ✅ ❌ ✅
đź“Š Horse Racing Outright Markets âś… âś… âś… âś… âś… (UK only)
Visit Site Bet on Horse Racing Read review Bet on Horse Racing Bet on Horse Racing Bet on Horse Racing

Best Horse Racing Betting Sites in New Zealand

Thanks to the (lack of) gambling regulations on foreign betting sites, many of them are active in New Zealand, making it rather difficult to find the best one. At least if you are new to the betting scene, with the bookies attempting to entice new customers with welcome offers and sign-up deals. So, which one should you choose for horse racing?

Below, we have listed and reviewed the five best betting sites in New Zealand, focusing on the factors that truly matter when betting on the sport of kings. Which countries are covered by bookie? Is there live streaming of the action? As alluded to in the table above, these are two important factors when choosing the best horse racing betting sites.

bet365

#1 Horse Racing Betting Site: bet365

Bet365 is widely regarded as one of the best betting sites in the world, operating in several countries and sparing no expense in each of them. This is also the case in New Zealand, with the bookie keeping its standard welcome offer as well as the promotions. In short, it has become a popular option among Kiwi bettors.

bet365 horse racing new zealand

Those who decide to sign up will find meetings from all over the world, including Australia and New Zealand, even if a lot of focus is on the UK and Ireland. The ante-post section is very comprehensive, with many horse racing bettors placing pre-tournament bets, and there is also live streaming of the action (not all races, but many).

An Odds Drift Protector is in place for Australian racing, which means bettors don't have to worry about placing a bet too early; the highest odds will be paid out anyway for the selection. There are many other great features, such as the ability to follow certain horses with the 'My Stable' tool, or Each Way Extra which adds more freedom.

Pros

  • Meetings from all over the world
  • Comprehensive ante-post section
  • Live streaming
  • Great horse racing promotions
TAB logo

#2 Horse Racing Betting Site: TAB

TAB is one of the few New Zealand-licensed betting sites on the market and most bettors probably have an account here. It's not just popular because of the scarcity, though, but also thanks to the comprehensive sportsbook. Indeed, those who decide to sign up will not be disappointed.

TAB horse racing new zealand

Horse racing meetings from all over the world are available, with a special focus on Australia and New Zealand, and there is also live streaming for bettors to follow the action. The ante-post section is in line with bet365 and it's easy to see why so many have opted for TAB, with a clear focus on horse racing.

TAB has a nice welcome offer in place and there are several promotions as well, such as a horse racing accumulator insurance. Those who decide to back a horse in certain 'promotional races' will also have their odds boosted, should the horse win. In short, there is plenty to like about TAB and its horse racing coverage.

Pros

  • Meetings from all over the world
  • Comprehensive ante-post section
  • Live streaming
  • Great horse racing promotions
Betway

#3 Horse Racing Betting Site: Betway

Betway is known for being a good betting site across several markets and New Zealand is one of them. The sportsbook is very comprehensive overall, as you would expect, and the bookie keeps up with the times as well. The one thing that could be improved is perhaps the design, but a lot of bettors like the simplicity as well.

Betway horse racing new zealand

As for the horse racing section, those who sign up will have no issues finding the races they are after, with meetings from Australia, UK, Japan and more available. The ante-post offering is also decent, which many will appreciate, but an even bigger strength is the live streaming feature (not all meetings, but many).

Betway gives new customers the opportunity to claim a nice welcome offer, while there are also some promotions to use for horse racing. An accumulator insurance is one of them, though the betting site could probably put a few more promotions on the table. At least if it wants to compete with the top sites.

Pros

  • Meetings from all over the world
  • Comprehensive ante-post section
  • Live streaming

Cons

  • Could have more promotions
BetVictor

#4 Horse Racing Betting Site: BetVictor

Just like bet365, BetVictor is another UK giant which has gained recognition around the world. Many Kiwi bettors have already signed up for an account on the site and that is far from surprising, not just because of the sportsbook but also the welcome offer. It is one that can be used for horse racing as well.

BetVictor horse racing new zealand

Most races are covered on the site, with a bunch to pick from every day, but the ante-post selection is not as impressive as bet365. Or rather, we should say that BetVictor doesn't add the ante-post markets as early as bet365. There is also no live streaming and that is a bit disappointing.

The welcome offer is very nice, as already stated, but BetVictor could do a lot better on the promotions front. There is really only one - namely the Loyalty Club, not counting odds boosts - and even though this is a nice promotion, it doesn't make up for the lack of others.

Pros

  • Meetings from all over the world
  • Decent ante-post section

Cons

  • No live streaming
  • Could have more promotions
LeoVegas

#5 Horse Racing Betting Site: LeoVegas

LeoVegas is mainly known for the casino side of things, but the sportsbook is actually decent when you dig a little deeper. It will never be able to compete with bet365, of course, but it's a good option for Kiwi bettors who like a little bit of everything with a high standard. So, what about the horse racing coverage?

LeoVegas horse racing new zealand

Compared to the competition, it's much more basic with just meetings from Australia, the UK, Ireland, the US and South Africa available. Ante-post options are only available for UK races, which is worth keeping in mind, and the same goes for live streaming. On the other hand, this will suffice for a lot of bettors.

On the promotions front, there is a pretty good welcome offer for new customers but for existing customers, the offering is scarce. In fact, there is just an accumulator boost and nothing else, which certainly highlights the difference between LeoVegas and some of the other top bookmakers on the sports side of things.

How We Decide the Best Horse Racing Bookies

Of course, a list like the above will always be subjective as many factors ultimately come down to personal preference. However, when we put together the list, we decided to focus on what we believe are the most important factors when placing bets on horse racing. All in an attempt to guide you towards a better experience.

Although we have touched on most of these factors above, we will break them down once again below and explain why they are so important for horse racing betting.

  • Horse Racing Coverage

    Those who are enthusiastic about horse racing betting will certainly value comprehensive coverage. Although most tend to stick to meetings in one country, it's always nice to have the option to bet on races elsewhere, especially when there are big races such as the Cheltenham Festival in the UK.

    In addition to the meetings and countries offered, ante-post markets are also very important when it comes to horse racing betting. Good value can often be found early and while the best betting sites price up the big events early, many don't. There is nothing worse than coming up with a bet that you cannot place, after all.

  • Horse Racing Streaming

    These days, finding horse racing streams on betting sites is not particularly hard and it has certainly added a new dimension to the betting. Instead of just relying on stats and perhaps radio commentary, bettors can now follow the action with their eyes and this can ultimately help in the betting pursuit.

    Almost all betting sites offer horse racing streaming now but only for selected meetings, and this is something to take into consideration. We made sure to highlight the streaming situation in our list and if this feature is important to you, TAB and bet365 are the best options on that front.

  • Horse Racing Promotions

    Finally, promotions are also an important part of getting the best horse racing betting experience. Everyone loves a good promotion and there are many useful ones for the sports of kings, such as bet365's Odds Drift Protector, which is standard in the UK these days but remains rare in New Zealand.

    Many of these promotions benefit the bettors a lot and that is ultimately the key, so we made sure to highlight the different promotions in our breakdown of each site above. If you have read it already, you will know that bet365 and TAB are on top and it's thus no surprise to see them in the top two spots either.

Key Horse Racing Betting Markets

Bookmakers are always looking at ways to keep their products entertaining and fresh for New Zealand punters, so it’s a massive task to keep up with all the different types of horse-racing bets.

Many Kiwi punters, even newcomers, are familiar with the straight-out victory or placing. However, we’ve done some ground work to cherry pick types of betting that will excite New Zealand bettors seeking not only thrills but also a chance to boost their returns from wagers.

It is important to note that betting can also vary, depending on whether it’s a harness race, jumps, or thoroughbred. Here are some of the betting types we’ve highlighted to help Kiwis in their bid to select sportsbooks best suited to their needs (in alphabetical order):

  • Ante-Post: This form of wagering is ideal for Kiwi punters who have some inside knowledge on how the horse is doing via track reports and who the trainer and jockey are. That means they can place bets well before the actual race day. Good sportsbooks tend to have up-to-date forms and related statistics posted on their sites.
  • Each way: On this one punters can opt for a combination of a place and win wager. That equates to your mount coming up trumps but also giving you a chance to collect if it places — that is, finishing runner-up or in third place. You can see why this is popular among many Kiwis, especially those who are novice bettors.
  • Place: If you’re wagering on a horse to claim a place, then you’re expecting it to finish first, runner-up, or third. Another basic type that’s popular with Kiwis.
  • Win: Another no-brainer akin to each way and place bets. Just back a horse to cross the finish line first and collect.
  • Distance: Bookmakers love nothing more than punters who can put their money where their mouth is. Consequently, if punters believe their mount is so slick that it is capable of not only finishing first past the post but also blowing away the rest of the field, then they have the opportunity to predict their combination will scorch its rivals by a certain number of lengths.
  • Exacta: It’s exactly what the name of this bet states. The first two placings in a race must finish exactly in that order for a payout.
  • Pick 3, 4, 5: To collect here, Kiwi bettors must select the corresponding number of mounts to win from as many races. Two out of three or four out of five won’t cut it.
  • Quinella: That’s when bettors pick two mounts they believe will cross the finish line in first and second places, irrespective of which order. Easy to understand and anyone can wager here.
  • Superfecta: Needless to say, this type of bet isn’t for the faint-hearted New Zealanders. It may seem like a tall order to pick which horses will finish in the exact top-four placings but nail them and the average pay-out is in the ballpark figure of $NZ25,000.
  • Trifecta: Kiwi bettors simply need to select the runners they think will come in first, second, or third in a race. No doubt, a fair amount of experience and knowledge are required here to claim a trifecta, but luck plays its part in a handsome windfall.
  • Boxed: This type of bet is about quinella and trifecta wagering. In a quinella one, a boxed bet means you need to pick more than two horses, but you will still have to have your first and second picks to finish in that order to collect. As for the boxed trifecta, the punter can pick three horses that can finish in any order for the top placings. Pay a little bit extra to be able to boost your chances of winning on more horses.

Popular Horse Racing Events for Betting

Here are some of the horse-racing events that Kiwis follow with passion in terms of popularity:

  • Melbourne Cup: Without doubt, this is the multi-million-dollar race that brings two countries to an abrupt halt as punters converge at racecourses, hotels, bars, offices, and sports clubs to wager on. It’s not about the amount of money — although serious gamblers put on their game faces — on the first Tuesday of November. The annual $NZ4.4 million, Group 1 race is run over 3200m for 3-year-olds on a handicap format of the left-handed Flemington Racecourse in Melbourne.
  • Royal Ascot: This five-day racing extravaganza at the Berkshire racecourse in England has an affiliation with New Zealanders because of its early settlers’ history. A British colony and the prestige allocated to the Royal Ascot through the late Queen Elizabeth II make the multi-million-dollar event the next best port of call for Kiwi punters. The Gold Cup headlines eight Group 1 races among its 18 graded stakes. King Charles III will continue his mother’s tradition of attending the Royal Ascot each year in June.
  • Breeders’ Cup: The international field of runners is difficult for Kiwi bettors to overlook when the iconic annual American event comes into play in November. It maintains the Kiwis’ adrenalin levels within a week when they’re still buzzing from the Melbourne Cup in Australia. A relatively young flat-race event started in the 1980s, the Breeders’ Cup had reached a staggering $US30 million in prize money and had enticed up to 118,484 racegoers to the “Grade 1” (equivalent to NZ Group 1) thoroughbred event at the Santa Anita Park over two days in 2016. The purses of its marquee races vary from $US1 million to $US6 million. Venues change from year to year. Thirty-five Irish and 23 Great Britain mounts have won marquee races there.
  • Cheltenham Festival: This is the world cup equivalent of the jumps discipline in horse racing. The annual Cheltenham Festival is staged over four days at the Prestbury Park racecourse in Gloucestershire, England, in March. It may be hosted over five days from 2023. However, the festival features 28 races, including 14 Grade 1 ones, with the Gold Cup as the emblem on its bonnet. Akin to the Royal Ascot, race-day punters are expected to be in formal attire. The Cheltenham roar signals the start of the event when more than 70,000 fans, crammed in the grandstands, cry in unison as the starter raises the tape for the maiden race to begin.

Horse Racing Strategy & Tips

While we’ve attempted to highlight key areas to make your horse-race betting enjoyable and safe, we emphasise that there aren’t any hard-and-fast strategies or tips.

Different bookies, conditions, gamblers, horses, and other such factors make it a complex exercise to put in a nutshell. Some racegoers out to have an entertaining time will pick a winner based on the name of a horse or jockey that appeals to them or opt for eye-catching silks (costume colours jockeys wear).

Nevertheless, New Zealand bettors who want to profit from their flutters must do their homework before backing their instincts. A plan they plot for one horse at some venue may not work at another. A change of jockeys from one race to another can have an impact on an outcome, too.

On that note, here is a list some of our broad suggestions on variables that may have a bearing on a strategy (in alphabetical order):

  • Form: We consider this to be the most important, no matter what the breed of a horse. Children are awarded scholarships based on their class reports. Racehorses are no different. That said, there’s little money to be made on favourites. That’s where your class comes through as a punter. If a horse has had three top-four finishes in its past six outings, is it due for a win in the next one? Your call based on its form and statistics sportsbooks provide on their sites.
  • Gear: What accessories a horse wears is in the hands of the trainer working in collaboration with the jockey. Should they use blinkers and cheek plates to cut out the mount’s distractions? Will they make the horse focus or throw it off its stride? Eventually, you’ll have to be the judge, based on the horse’s temperament.
  • Jockey: Like horses, some riders perform better than others. The good ones are able to bring the best out in their mounts. Unfortunately, some jockeys use the whip too often and, as intelligent animals, horses work them out. Riders’ records speak volumes. It’s not just about who claims the most winners. Astute punters are able to differentiate between talented riders and those who bank on sheer determination and grit.
  • Track character: In 2008, NZTR had adopted an 11-scale track rating system after a six-month trial and public feedback. All of that means Kiwi bettors should be making more educated decisions from one venue to another, based on how any horse finds traction compared with its performances. A fast track starts at No.1 and takes in the good, dead, slow, surfaces before ending with heavy ones at No.11.
  • Trainer: Akin to jockeys, trainers also have philosophies in preparing their mounts when an owner brings them for mentoring. Sure, some trainers have the Midas touch, and their records speak for themselves. However, good Kiwi punters do their research on what methods they employ. How they are able to match a jockey with a mount in a short turnaround time from one meeting to another. Do trainers give their top performers a spell after a big season with lucrative purses beckoning? Overall, it’s always a collaboration with punters joining in the party. An integral component of any successful strategy is the ability of gamblers to latch on to any tips they can find from horse racing-savvy players in the industry. Whether it’s from a reliable source or how a mount behaves in the lead up to a race, they all add up to creating a sound strategy.

Here is a list of tips we recommend to Kiwi bettors (in alphabetical order):

  • Birdcage watch: Keep a hawk eye on how the horses are behaving as the handlers walk them around in the birdcage with or without the jockey in the saddle before the race starts. Are they calm and perky or yanking their bridle in discomfort?
  • Don’t push your luck: Keep your horse-racing betting in perspective, especially if you’re new to the game. Place your wager on the odds-on favourite even though the profit margin is slim. Going straight out for a rank outsider can hit your pocket and well-being hard. Do that when your confidence and knowledge are high.
  • Expert advice: No matter how good anyone is at anything in life, they have picked up lessons from listening and watching other professionals in a chosen industry. In the horse-racing domain, identify commentators and scribes who have a proven record from track reports to previews to race reviews.
  • Fun factor: Always wager on account of entertaining yourself because that’ll determine how clear a head you’ll have in making rational decisions. Those who lose the plot also lose their money. If gambling is an addiction then seek help from Safer Gambling Aotearoa for an 0800 helpline, free text number, and free support services near you.
  • Gauge odds: That’s usually a smart starting point at a sportsbook but be mindful that bookmakers have many other variables to consider in trying to work out if you’re backing the right horses. Don’t be shy to compare bookmakers’ odds across different sites.

FAQs

It’s when bookmakers offer punters the opportunity to back a horse by a certain number of lengths. Some bookies even allow bettors to pick which horse will finish second if the overwhelming favourite is ignored. It pays to understand how horses are rated for handicap races.

That’s when the punter uses betting exchanges to predict one or more horses will not win a race.

That depends on what your individual requirements are as a punter. We have made four recommendations in this article to Kiwi gamblers that cover several variables in helping them with their selections. They include Bet365, Betway, and TAB.

Yes but our advice is to seek out reputable and safe sportsbooks with the help of our reviews for an enjoyable horse-racing experience.

Ijeoma Esther
Ijeoma Esther
Last updated: 8/07/2024

Ijeoma Esther is an iGaming content writer and editor with over a decade of experience in the New Zealand mobile casino industry. While initially diving into online casino gaming as a hobby, she soon found herself immersed in the enthralling world of mobile slot and live casino games.Through the years, she discovered that writing about her favorite pokies was just as fun as playing them.

As an iGaming content writer, ijeoma combines expert writing and research skills with her encompassing love for pokies and live casino games to put together some of the best and most in-depth reviews in the NZ mobile casino scene.When she’s not writing top-notch content about iGaming, she’s immersing herself in the thrills of her favorite pokies or researching the latest NZ latest online casinos to try out.