New Zealand — Side-by-Side Comparison
Bet365 vs Betway New Zealand 2026
Independently reviewed and updated 2026. We compare bonus offers, odds quality, withdrawal speed, payment methods and mobile apps so you don't have to.
In New Zealand, both operators are licensed by the Department of Internal Affairs (DIA). Sports betting has been regulated since 2003, with a minimum age of 18+. Winnings are tax-free for bettors — Gambling winnings are not taxable in New Zealand. IRD does not consider betting winnings as income unless gambling is your primary business activity. The standard odds format in New Zealand is decimal. Decimal odds (displayed with a $ sign) are the New Zealand standard, identical to the Australian format. e.g. $2.20 means you get $2.20 back per $1 staked.
Full Comparison Table
| Feature | Bet365 | Betway |
|---|---|---|
| Rating | 4.8/5 | 4.4/5 |
| Welcome Bonus | Up to $30 in Bet Credits | Up to $30 Sports Welcome Bonus |
| 18+ · Offer subject to T&Cs · Gambling involves risk | Deposit $10+ and place a qualifying bet. If that bet settles, you receive up to $30 in Bet Credits. Bet Credits are not withdrawable. Full terms and country-specific amounts apply. | Bet $10 and get $30 in free bets. New customers only. Minimum $10 first bet required. Free bets valid for 7 days. Country-specific terms apply. |
| Withdrawal Time | 1–5 business days | 1–3 business days |
| Min. Deposit | 10 USD | 10 USD |
| Live Streaming | ✓ Yes | ✓ Yes |
| Cash Out | ✓ Yes | ✓ Yes |
| Payment Methods | Visa, Mastercard, PayPal, Skrill | Visa, Mastercard, PayPal, Skrill |
Bet365 — Pros & Cons
Pros
- World's largest online sports betting operator
- Industry-leading live streaming on 100,000+ events/year
- Excellent odds and deep markets on every major sport
- Best-in-class in-play betting interface
- Reliable, fast withdrawals to all major payment methods
Cons
- Accounts of consistent winners can be limited
- Customer support wait times can be long during peak periods
Betway — Pros & Cons
Pros
- Trusted global brand licensed in multiple jurisdictions
- Clean, intuitive interface on mobile and desktop
- Great live betting platform
- Strong football and cricket coverage globally
- Reliable 24/7 customer support via live chat
Cons
- Welcome bonus smaller than some competitors
- Fewer markets than Bet365 on niche sports
Frequently Asked Questions
- Which is better, Bet365 or Betway in New Zealand?
- Bet365 scores higher in our independent audit (4.8/5 vs 4.4/5). The main differences are in withdrawal speed and bonus value — see the full comparison above.
- Which offers the better welcome bonus?
- Bet365: Up to $30 in Bet Credits. Betway: Up to $30 Sports Welcome Bonus. Always read the full terms and conditions before claiming any bonus.
- How long does withdrawal take at Bet365 vs Betway?
- Bet365 processes withdrawals in 1–5 business days. Betway processes withdrawals in 1–3 business days. Exact times depend on the payment method selected.
- Can I have accounts at both Bet365 and Betway?
- Yes. There is no rule preventing you from holding accounts at multiple licensed bookmakers in New Zealand. Many experienced bettors use two or more to compare odds on the same match.