Bailey by the Sea

Online NRL Betting Guide for Interested Punters in New Zealand

The annual Telstra championship is contended by the 16 NRL teams, consisting of 15 teams from Australia as well as 1 team from New Zealand, and is the most well-attended rugby league championship in the world.

Due to the popularity of the league, NRL betting has become a huge hit and as such many online sportsbooks offer a wide variety of betting markets on individual matches as well the championship as a whole. Sports betting can seem complicated to a new punter, and a simple search for NRL betting presents a variety of options which may seem like they’re written in a different language. NRL betting may seem intimidating at first however this guide will help you gain the much-needed betting confidence.

The National Rugby League

The NRL (National Rugby League) was established in 1997 in the wake of the Super League war of the 1990’s, and contains teams from the Sydney club Rugby League competition which had been competing consistently since 1908.  Matches are played across Australia and New Zealand between March and October of each year, with the Grand Final match taking place the beginning of October.

The Telstra Championship attracts record-breaking audiences on a yearly basis, and the first time the Grand Final was held at Stadium Australia in Sydney in 1999 the record for attendance at an Australian rugby league game was broken as 107,999 people attended the match. Due to this remarkable popularity, NRL betting is a very lucrative market, and there are plenty of opportunities available for placing wagers.

NRL Betting Terms

As a novice punter a quick search related to NRL betting will present you with an overwhelming variety of options when it comes to wager types. Before punters decide on a sportsbooks, or even a wager, it is important to know how odds work to order to ensure success.

Odds: There are three major types of betting odds, namely decimal, fractional and American.

The decimal form is widely used by bookmakers in New Zealand as well as off-shore sportsbooks catering to Kiwi players, and will look something like 5.00. This type of odd denotes how much will be gained by a wager of 1 unit including the stake. However, sometimes the unit could be 1, 10 or 100, so make sure to check this before calculating. So if the odds are 5.00, it means if the bet was successful it would mean a gain of 5 times the unit (5 x 1 = 5), less your stake.

Another popular form is the fractional odd, which will look something like 10/1, and denotes the amount you will gain on a bet, as opposed to how much you put in. So if you wager 1 unit, you will gain 10.

Choosing a Sportsbook

Novice New Zealand punters looking for NRL betting will notice that is not much in the way of choices when it comes to online sportsbooks. The betting industry in the country is strictly controlled by the Department of Internal Affairs and as such many punters are turning to offshore bookmakers. When it comes to choosing a sportsbook, there are a few key points that should be taken note of.

A reputable sportsbook will offer a variety of deposit and withdrawal options, and the best ones will provide a huge range of deposit options ranging from credit cards, e-wallets and even crypto currency. Look out for sportsbooks which offer quick turn-around times for deposits, as well as withdrawals as quick access to winnings is highly sought-after.

How are Online Gambling and Betting Different?

When it comes to defining sports betting and online gambling, there are actually as many differences as there are similarities. Gambling can be defined as placing real money on a game of chance, usually hosted at an online casino or land based casino.

You will receive odds for or against you attaining that win based on preset variables and your winning is down to chance with the occasional application of skill.

Betting on the other hand can refer to sports betting. Here a player will make wagers on the outcome of a sports match or a player’s performance on fixed or fluctuating odds.

Bettors can play a larger role in improving their winning odds through research and betting strategy with sports betting.

Finding Reputable Sites

Firstly, one area that both gambling and betting needs to be similar is when it comes to their practices. Both online casinos and sports betting sites need to be hosted at reputable online sites.

You don’t want to risk playing your hard earned cash at a site that will cheat you. Always check that your chosen sports bookmaker or casino clearly display their gaming licences.

Home Page Navigation

Whereas an online casino will have areas on their home page to click on dedicated to specific table games, slots or liver dealer pages, betting sites will usually have the home page divided into different sports sections and live betting areas.

The Featured Odds

How odds are displayed to customers vary greatly between gambling and betting.

In betting the odds are variable and can change on the fly as the balance of wagering tilts on various outcomes and bettor behaviour.

The sports betting odds can be displayed in various ways, depending if your bookmaker uses fractional, decimal or American odds.

Gambling odds on the other hand have a pretty fixed display method and the odds are predetermined either by the manufacturer or the site itself.

Influencing the Odds

Odds in both gambling and sports betting can be influenced in various ways. In punting, you can bend the options in your favour by studying the game, collecting data, finding favourable odds and finding tips.

When it comes to gambling however you need to influence the odds by either wagering more and more money or by looking for similar games where the preconfigured odds are at a more favourable level.

Bonuses and Promotions

To be eligible for a sports betting bonus or a gambling bonus, you generally just need a registered account, a legal bank account and possibly some spare cash to deposit.

The deposit bonuses often are quite similar, with the main differences coming in with regards to the free offers.

Gambling sites usually offer you free spins on a variety of games, whereas betting sites tend to offer free bets that can take a variety of forms and usually feature a few conditions.

You can see from these examples that gambling and betting can at times be synonymous terms but in practice they can differ quite significantly from one another.