Snooker Betting in New Zealand 2026: What the TAB NZ Monopoly Means for Punters

Updated October 2026

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Last verified 31 October 2026 against the Department of Internal Affairs register and TAB NZ’s published terms.

The set-up in New Zealand is unusually stark. Since 28 June 2025 only one operator — TAB NZ, trading as TAB and Betcha — may lawfully take a sports or racing bet from a person physically in New Zealand, regardless of where that operator is incorporated or where the punter claims to live. Everything below costs the reader something: turnover, margin, each-way fractions, the price of going offshore, the absence of a New Zealand complaints route when a foreign brand refuses to pay. Reading the page as a price list is the right way to read it.

How snooker betting odds are built and what they charge

Snooker odds look like any other fixed-odds price: a decimal figure that multiplies the stake into a return. The shape they hide is the margin — the slice of every dollar wagered that the bookmaker keeps no matter who wins. A market priced at 1.90 / 1.90 on a two-way outcome pays out 1 ÷ (1/1.90 + 1/1.90) = 0.95 of every dollar staked, leaving the operator 5 % on that match. Move the prices to 1.85 / 1.85 and the same formula gives a payout share around 0.926 — a margin closer to 7.4 %. The further the prices drift from evens, the more the operator earns per unit bet, even when the headline looks generous.

For a frame-by-frame sport this matters more than it looks. Snooker matches split into many independent micro-events — the next frame, the next century break, who wins the session — and each carries its own margin. A bookmaker running a margin of 5 % on a typical snooker match winner is paying out 95 ¢ in the dollar, leaving 5 ¢ in the till; a margin of 8 % on a same-game multi (SGM) pays out only 92 ¢ in the dollar. Two markets can carry the same headliner and cost the punter very different amounts.

The arithmetic of a winning bet

The maths a punter needs is the simple version: a $10 stake at $2.10 returns $21, of which $10 is stake and $11 is net profit. A four-leg multi at $1.80, $1.95, $2.05 and $1.70 has a combined price of 1.80 × 1.95 × 2.05 × 1.70 = 12.23, so the same $10 stake returns $122.30 if all four legs win. The legs multiply into one price; the profit compounds; and so does the margin of each leg.

Each-way bets and the place fraction

Each-way betting splits a stake into two halves: a “win” half that pays if the selection wins outright, and a “place” half that pays at a fraction of the win odds if the selection finishes in a defined number of places. For a snooker quarter-final “each way 1/2” means the place half pays at half the win odds. A $20 each-way stake at $4.50 win odds costs $20 total — $10 to win, $10 to place. If the player wins, the win half returns $45 ($10 × 4.50) and the place half returns $27.50 ($10 × (4.50 − 1) × 0.5 + $10 stake); if the player places but does not win, only the place half pays. The place fraction is set by the bookmaker and varies by event size — typically 1/2 for a short field, 1/4 or 1/5 for larger ones like the World Snooker Championship. A punter who treats each-way as a “safer” bet without checking the fraction is paying for two bets at once.

Snooker-specific bet types

The standard markets on a professional snooker match are:

• Match winner — back one player to win the tie outright, settled on frames.
• Frame handicap — give one player a head start of a set number of frames; effectively a spread.
• Total frames — over/under a line, typically over/under 16.5 frames for a best-of-19 early-round World Championship match.
• Next frame — settle on the winner of an in-progress frame; available live.
• Century break — yes/no on a player making a 100+ break in the match.
• Highest break — which player hits the biggest single break in the match.
• Race to N frames — first player to reach a stated number of frames.
• First frame winner — who takes frame one.
• Session winner — winner of the morning or afternoon session in multi-session matches.

A same-game multi on snooker combines several of these into one slip at a combined price; the catch is that a single losing leg voids the whole ticket. TAB NZ also offers multis that span multiple events; the same logic applies, with the legs multiplied into a single price and the combined margin sitting inside each leg.

What the margin looks like in practice

Take an illustrative two-way snooker match winner priced at 1.90 / 1.90 — an example, not a quoted price. The payout share is 1 ÷ (1/1.90 + 1/1.90) = 0.952, so the operator keeps roughly 4.8 % on this market. Push the same match to 1.85 / 1.85 and the margin moves to about 7.6 %; stretch a three-way outright market at 3.40 / 4.50 / 5.00 and the payout share drops to around 0.866, leaving the operator about 13.4 %. The figure is never printed on the betting slip — it lives in the gap between the prices — but the cost is real on every stake placed.

The page is not in the business of printing margins for events that research did not sample; a specific margin belongs to a specific market, sport and snapshot. The honest framing is qualitative: a snooker match winner is generally cheaper for the punter than a same-game multi, and outright tournament winner markets are pricier than match-by-match prices because the field is wider.

Snooker tournaments the calendar turns on

Snooker runs a near-continuous tour of around 25 ranking events a year, plus invitationals. The shape of the betting calendar follows that shape, with one event standing above the rest and a handful of others drawing serious liquidity.

The World Snooker Championship

The Crucible Theatre in Sheffield has hosted the World Championship since 1977. The field runs from 32 qualifiers up to 32 main-draw players in a single-elimination bracket, with the first round best of 19 frames and the final best of 35. The 2026 World Snooker Championship ran from 18 April to 4 May, with Wu Yize beating Shaun Murphy 18-17 in the final from a 2,395,000 NZD prize fund, the winner’s share 500,000 NZD. Markets open well in advance of the first round, with outright winner prices, group betting, and an extensive match-by-match slate across the 17 days.

Stephen Hendry and Ronnie O’Sullivan share the modern record at seven world titles each; Joe Davis won 15 consecutive from 1927 to 1946, an era when the field and format were very different. The dominance is a betting signal: in markets of this kind the favourite carries a heavier weighting than in open-field events.

The Masters and other ranking events

The Masters is the second-largest invitational behind the World Championship, contested by the top 16 in the world rankings at Alexandra Palace in January. The Masters carries an each-way place fraction of 1/2 for the losing semi-finalists. Other ranking events — the UK Championship, the English Open, the China Open, the Champion of Champions — draw outright and match markets, with frame-handicap and total-frames lines typically available from the quarter-finals onwards.

Tournament format and how it shapes the odds

A best-of-7 match is settled in four frames; a best-of-19 takes ten frames to win. The longer the format, the more variance a model has to absorb and the more the price moves frame by frame. For the punter, this means live betting on snooker has unusually long windows of opportunity: a 4-3 lead in a best-of-13 is not the same as a 4-3 lead in a best-of-7, and the price of the favourite drifts and tightens accordingly.

The professional tour is governed by the World Professional Billiards and Snooker Association (WPBSA), which owns the official rules; amateur play runs under the International Billiards and Snooker Federation (IBSF). The 22 balls on a full-size table — 12 ft by 6 ft with six pockets — are a white cue ball, 15 reds and six colours worth yellow 2, green 3, brown 4, blue 5, pink 6 and black 7. The maximum break is 147, potting all 15 reds with blacks and then all six colours.

The ten operators a New Zealand punter actually meets

A reader in New Zealand who searches “snooker betting” today meets a strange mix: one domestic monopoly and nine offshore brands that will accept the stake but have no right to do so. The reviewed set below is not a ranking, it is not a recommendation, and the two groups are kept strictly apart because the legal frame is different for each.

The four columns are: Brand, New Zealand status, What the operator’s own terms say on snooker.

Where a cell reads “not specified in operator-published terms”, the operator’s own pages either do not list snooker in the catalogue shown at the time of the snapshot, or the catalogue description did not name the sport. The honest move is to check the operator’s own sportsbook before assuming snooker is on it.

TAB — the domestic monopoly, brand one

TAB is the senior online brand of TAB NZ, the body the Racing Industry Act 2020 names as the sole provider of racing and sports betting in New Zealand. Since the Racing Industry Amendment Act 2025 inserted section 74AAA, in force from 28 June 2025, only TAB NZ may take a sports or racing bet from a person in New Zealand. The Department of Internal Affairs told unlicensed offshore providers serving New Zealand customers to withdraw with immediate effect. TAB is the only lawful option a reader in New Zealand has, and its snooker coverage runs outright markets on the ranking events plus frame-by-frame and total-frames lines.

The TAB NZ mobile app carries racing and sports, fixed-odds and tote (pool) bets, Trackside live race streaming with in-app betting, racing form, Blackbook, Jockey Challenge, a simplified wallet, deposit limits, time-outs and self-exclusion. Safer Gambling Aotearoa, the Gambling Helpline (0800 654 655, text 8006) and the Problem Gambling Levy (0.74 %, in force from 1 July 2025 to 30 June 2028) sit on the same side. Account opening needs a verified New Zealand address and ID; customers must be 18 or over to bet, the app carries a 17+ App Store age rating and section 89 of the Racing Industry Act 2020 makes betting under 18 an offence. The frame settlement carries standard rules — match winner, handicap, totals, next frame, century break, highest break, first frame, session winner — and live in-play is part of the menu, not a separate licence.

The verdict on TAB is plain: it is the only lawful choice for snooker betting in New Zealand, and it is the only one with a New Zealand complaints route, a New Zealand harm-minimisation framework, and a regulator the punters can reach. The cost of being lawful is real money — the same margin every licensed bookmaker carries — and the gain is recourse if something goes wrong.

Betcha — the domestic monopoly, brand two

Betcha is the second online brand of TAB NZ, the same operator as TAB under section 74AAA. The Betcha app is published by Entain New Zealand Limited; first released on 6 August 2024. The Entain partnership runs the TAB business under a 25-year agreement signed in 2023 with a 50/50 gross-profit split, at least $150 million a year to TAB NZ for the first five years and a one-off $100 million payment to the racing sector. Betcha is not a rival to TAB; it is a sister app, marketed to a slightly different audience, with the same market list and the same harm-minimisation tools. A self-exclusion applies across both brands.

The verdict on Betcha is that a punter who likes the app and prefers the consumer-facing product over TAB’s retail-tinted layout gets the same legal and regulatory frame at the same prices, since the two share a market list. The question is interface, not price.

22Bet — Curaçao, not licensed in New Zealand

22Bet runs a broad sportsbook with over 30 market types per event on selected sports: 1X2, Double Chance, totals, both teams to score, correct score and HT-FT, plus tennis game, set and handicap markets. Snooker markets do not appear in the operator’s terms. The licence on display is Curaçao 8048/JAZ, held by TechSolutions Group N.V. There is no New Zealand complaints route and no harm-minimisation framework that reaches a Curaçao-licensed offshore operator.

The verdict on 22Bet is that it is one of the larger generalist offshore sportsbooks, with deep market coverage on the sports it lists, but a New Zealand punter using it is dealing with a brand that has no lawful route to offer the bet in the first place. The price may be sharp on the sports it covers; the legal and consumer-protection frame is not.

BetNinja — Union of the Comoros, not licensed in New Zealand

BetNinja runs a casino and a sportsbook under one account. The casino welcome is a 1,000 EUR bonus plus 100 free spins; the sports offer is a 100 % match up to 100 EUR on the first deposit. The licence named in the operator’s terms is the Union of the Comoros. The operator’s published catalogue does not list snooker coverage. No New Zealand complaints route and no harm-minimisation framework reach a Comoros-licensed operator.

A New Zealand punter reading the welcome offer needs to account for the lack of any local regulator to call. The brand name carries no licence that applies in New Zealand, and the operator lacks any New Zealand-based complaints mechanism or harm-minimisation framework.

Alawin — licence not established for New Zealand, not licensed in New Zealand

Alawin’s sportsbook covers football, tennis, table tennis, basketball, ice hockey, American football and baseball, with Live Betting, Virtual Sports and esports. The brand names no licence that applies in New Zealand; the operator’s own terms do not specify snooker coverage at the snapshot. There is no New Zealand complaints route and no Harm-minimum framework that reaches the brand.

The verdict on Alawin is that the operator’s published terms carry no licence that puts a New Zealand punter inside any harm-minimisation regime, and the sport list at the snapshot does not include snooker. The interest for a reader is mostly as a contrast with TAB NZ’s catalogue.

BetAlright — licence not established for New Zealand, not licensed in New Zealand

BetAlright mirrors the Alawin shape: a sportsbook covering football, tennis, table tennis, basketball, ice hockey, American football and baseball with Live Betting and Virtual Sports. The operator names no licence that applies in New Zealand. Snooker markets do not appear in the operator’s terms. The brand offers no route for New Zealanders to lodge complaints.

The verdict on BetAlright is that it is a generalist offshore sportsbook with no entry path into a New Zealand frame. The absence of snooker in the catalogue shown is a point for a reader to note. Local players find no local channel for complaints or support.

Sportaza — Anjouan, not licensed in New Zealand

Sportaza offers cash out before an event or market is settled, a Bet Builder (where a voided selection voids the whole slip), multiples, Asian lines and interval markets in 1, 5, 10 or 15 minute ranges. The licence on display is Anjouan ALSI-202606064-FI2. Snooker coverage is not visible in the operator’s published terms. There is no New Zealand complaints route.

The verdict on Sportaza is that the in-play and bet-builder features are real depth on the sports it covers, but the brand is no closer to lawful for a New Zealand punter than any other Anjouan-licensed operator on this list. The price of those features is the legal and consumer-protection frame.

BillyBets — licence not established for New Zealand, not licensed in New Zealand

BillyBets runs a casino and a sportsbook under one account. The sportsbook covers football, tennis, table tennis, basketball, ice hockey, American football, baseball, combat sports, esports, virtual sports and live betting. The operator names no licence that applies in New Zealand. Snooker is not specified in the operator’s catalogue at the snapshot. No New Zealand complaints route reaches the brand.

The verdict on BillyBets is that the operator’s published catalogue does not put snooker in front of the reader at the snapshot, and the legal frame for a New Zealand punter is the same as for any other operator in this offshore group.

RoyalistPlay — Tobique Gaming Commission, not licensed in New Zealand

RoyalistPlay’s sportsbook offers live betting, sports promotions, results and a schedule, and top sports such as football, basketball, tennis, handball, ice hockey, volleyball and table tennis, plus e-sports and a Predictions section. The licence on display is a Tobique Gaming Commission e-gaming licence (No. 0000002) held by Novatrix SRL. Snooker markets are missing from the operator’s published terms. No New Zealand complaints route reaches the brand.

The verdict on RoyalistPlay is that the licence frame is a small-jurisdiction e-gaming licence, the catalogue does not specify snooker at the snapshot, and a New Zealand punter’s recourse runs only through the operator’s own complaints process.

Telbet — crypto sportsbook, not licensed in New Zealand

Telbet describes itself as a crypto casino and sportsbook. The welcome offer is a 200 % match up to 1 BTC plus 50 free spins and a 5 USDT free bet on the Russian-language site. The operator names no licence that applies in New Zealand. No New Zealand complaints route reaches the brand.

The verdict on Telbet is that the crypto rails and the headline welcome offer are the marketing line, the licence frame for a New Zealand punter is the same as for the rest of the offshore group, and the catalogue’s snooker coverage is not specified at the snapshot. A reader attracted by the headline offer is paying for the absence of any local regulator.

The legal frame a New Zealand punter sits in

The Gambling Act 2003 sets the wider gambling frame; the Racing Industry Act 2020 establishes TAB NZ as the sole betting provider for racing and sports; and the Racing Industry Amendment Act 2025 inserted section 74AAA, in force from 28 June 2025: no person other than TAB NZ may offer racing or sports betting to a person in New Zealand, regardless of where the operator or the punter is incorporated or resident. The Department of Internal Affairs is the regulator; section 92A of the Racing Industry Act 2020 is the monitoring basis for compliance. The DIA told providers serving New Zealand customers to withdraw with immediate effect when section 74AAA took effect.

There is no licence to apply for and no licence register for bookmakers, because there is only one lawful provider. The Online Casino Gambling Act 2026 licenses online casino gambling and does not license sports betting; TAB New Zealand winning the right to apply for a casino licence does not extend the betting monopoly. Greyhound racing is closing in stages from 1 August 2026, and offshore operators may not take bets on greyhound races from that date either.

New Zealand does not geo-block offshore bookmaker sites. The law puts liability on the offshore operator, not on the player: section 19(4) of the Gambling Act 2003 (inserted in 2025) says an individual may not be convicted for placing a bet with an offshore betting operator in breach of section 74AAA. No published penalty for a player was found. The honest framing is the regulator’s own: TAB NZ and Betcha are the only lawful option, with New Zealand harm-minimisation tools, regulator oversight and a complaints framework; offshore operators have no lawful right to serve New Zealand and lack any local complaints mechanism, and the DIA names the risks — possible limits elsewhere, possible refusal to return unspent credits, possible refusal to pay large wins.

What may be bet on

TAB NZ takes fixed-odds and tote (pool) bets. The published betting rules name Win, Place, Each Way, Quinella, Exacta, Trifecta, First Four, Double, Treble, Daily Double, Running Double, Quaddie, Big6, Multis and Same Game Multis. A “multi” each leg must win or the whole ticket loses. Live betting is listed in the TAB NZ apps; no statutory restriction on in-play markets was found. No lawful New Zealand betting exchange exists, and spread betting is outside TAB NZ’s sports-betting definition. Bets on politics and novelty markets are not established. There is no statutory per-bet cap; limits are TAB NZ’s own terms. The ban covers events held inside and outside New Zealand. Virtual (computer-simulated) sport is treated by the 2026 online casino law as casino gambling; whether esports betting is “sports betting” under the Racing Industry Act is not established.

Player protection and tax

The age for TAB NZ betting is 18 (betting under 18 is an offence under section 89 of the Racing Industry Act 2020). Land-based casinos are 20 — the ages do not merge. TAB NZ accounts need a verified New Zealand address and ID. The app lists deposit limits, time-outs and self-exclusion in the apps, and an exclusion applies across both brands (TAB and Betcha). There is no single national online-betting exclusion register; the register the casino law will require is for online casinos only. TAB NZ pays a Problem Gambling Levy of 0.74 % (in force from 1 July 2025 to 30 June 2028). Help is the free Gambling Helpline (0800 654 655, text 8006) and Safer Gambling Aotearoa.

For the player, Inland Revenue guidance says recreational gambling winnings are generally not taxable and prize money from TAB horse, dog and trotting races is not taxable. A person who bets as a business is a different case — general information, not tax advice, “consult Inland Revenue or an accountant”. Operator side: TAB NZ pays the Problem Gambling Levy (0.74 %); overseas operators supplying New Zealand residents pay online gambling duty (12 % of profits since 1 July 2024, 16 % from 1 January 2027). A duty being payable does not make an offer lawful — never write that tax payment shows a bookmaker is legal. The point-of-consumption charge on offshore racing and sports bets ceased on 30 June 2026.

Advertising and what stays off the page

The Advertising Standards Authority’s Gambling Advertising Code applies to betting advertisements: ads must not target children (under 14) or young people (14 to under 18), judged by context, appeal and expected audience (25 % or more of the audience counts as significant where accurate data exists), must not encourage harm, and must be truthful with terms available. No New Zealand equivalent of a “whistle-to-whistle” ban for betting was found. TAB NZ runs “bonus bets” promotions; no New Zealand rule on bet-bonus size or wagering terms was found, so only TAB NZ’s own terms are quoted. Because only TAB NZ may offer betting here, the DIA reads the prohibition as covering promoting or taking such bets for another operator; how the DIA treats betting affiliates is not established.

Safer gambling tools and where to find help

TAB NZ’s safer-gambling features are built into the app: deposit limits, time-outs and self-exclusion, with the self-exclusion applying across the TAB and Betcha brands. The Problem Gambling Levy (0.74 %) funds treatment and prevention through the Ministry of Health. The free Gambling Helpline (0800 654 655) and text line 8006 are published in the app; Safer Gambling Aotearoa runs face-to-face and online services around the country. Anyone reading this page because the format matters to them — a punter chasing losses, a stake that is too large for the budget, a session that has run longer than planned — can reach the Helpline 24 hours, or open the app and set a deposit limit or a time-out in two taps.

Offshore operators carry no New Zealand safer-gambling tools, no New Zealand complaints route and no obligation to honour a self-exclusion request. The legal frame for an offshore brand does not reach into a New Zealand harm-minimisation regime. For the offshore group on the list above, the harm-minimisation frame is whatever the operator itself publishes — and “not published”, and a withdrawal that stalls, are the parts that hurt.

Live betting and cash out on snooker

Live betting on snooker is unusually rich. Each frame is its own micro-event, the in-running price on “next frame” moves frame by frame, and a long match — a best-of-35 World Championship final — runs long enough that the in-running market stays open for hours. TAB NZ’s mobile app lists live in-play on snooker outright and match markets; the same applies on Betcha. The bookmaker’s margin does not disappear on a live market; if anything, in-play margins can be wider than pre-morning prices because the model is responding to a smaller liquidity pool.

Cash out — settling a bet before the match finishes — is a TAB NZ feature on selected markets. The cash-out price is the operator’s own quote at the moment of the request, not a fraction of the original odds; the price moves against the customer when the live picture turns. A punter who uses cash out as a routine is paying a second margin on top of the original bet.

The offshore brands above vary in their live-betting and cash-out coverage: Sportaza publishes cash out, Bet Builder, multiples, Asian lines and interval markets; the others carry live betting on the sports they list. The bookmaker’s margin on a live snooker frame is not separately published anywhere; the honest framing is qualitative — it is part of the price.

Predictions, tipsters and what a punter can actually know

Snooker is a sport with a small field, a long season and a strong dominance pattern at the top: the all-time list of multiple-world champions is short, and the gap between the top eight and the rest of the tour is wider than it is in many other individual sports. A prediction market on the World Snooker Championship is a market where the favourite carries weight, and where a tipster service selling “locks” for early-round matches is selling noise.

What a punter can actually know going in: the season form of the top 16; the head-to-head history on a given format (best-of-19 is a different game from best-of-9); the venue (the Crucible is its own pressure chamber); and the tournament calendar, since some play four events in three weeks. What a punter cannot know: the result of a frame, a session, a match. The honest move is to price the information accordingly: a model based on long-run form and tournament context is one input among several; a tipster selling certainty is selling something that does not exist. The bookmaker’s margin sits inside every quote the model sees, and the calculation in the section on odds is the part that decides how much of that quote reaches the punter at settlement.

The reader’s choice, in one sentence

A New Zealand punter who wants to bet on snooker lawfully uses TAB or Betcha; a New Zealand punter who uses an offshore brand has no New Zealand complaints route, no New Zealand harm-minimisation framework, and an operator that the regulator has told to stop. Either is a real choice; only one has a regulator standing behind it.

Frequently asked questions

Which bookmaker may lawfully take sports and racing bets in New Zealand?

Since 28 June 2025 only TAB NZ may take online sports and racing bets from a person in New Zealand under section 74AAA of the Racing Industry Act 2020. TAB NZ trades online as two brands: TAB and Betcha. There is no licence to apply for and no licence register for bookmakers, because there is only one lawful provider. The Department of Internal Affairs told offshore providers serving New Zealand customers to withdraw with immediate effect.

How is the return on a bet worked out from the stake and the odds?

A winning bet returns stake × odds in decimal form, with the profit being stake × (odds − 1). A $10 stake at $2.10 returns $21 ($10 profit). For a multi the legs multiply into one price — a four-leg multi at $1.80, $1.95, $2.05 and $1.70 has a combined price of 12.23, so a $10 stake returns $122.30 if all legs win.

What is the bookmaker’s margin and how can it be seen in the odds?

The margin is the slice of every dollar wagered the bookmaker keeps no matter who wins, and it lives in the gap between the prices. For a two-way market at 1.90 / 1.90 the payout share is 1 ÷ (1/1.90 + 1/1.90) ≈ 0.95, leaving the operator about 5 %. The further the prices drift from evens, the larger the margin, even when the headline looks generous. A specific margin is not published on the betting slip; the cost is real on every stake.

What does a player lose by betting with a bookmaker that has no New Zealand licence?

A New Zealand player betting with an offshore bookmaker has no New Zealand complaints route, no New Zealand harm-minimisation framework, and an operator that the regulator has told to stop serving New Zealand customers. The Department of Internal Affairs names the risks: the operator may be in a jurisdiction with minimal consumer safeguards, may not return unspent credits, and may not pay out large wins. The legal liability sits on the operator, not the player.

From what age can bets be placed with TAB NZ, and what is checked when opening an account?

TAB NZ customers must be 18 or over; betting under 18 is an offence under section 89 of the Racing Industry Act 2020. The TAB NZ mobile app carries a 17+ App Store age rating while stating 18+ to bet. Account opening requires a verified New Zealand address and ID. The age for land-based casinos is 20 — the ages do not merge.

Are betting winnings taxed in New Zealand?

Inland Revenue guidance says recreational gambling winnings are generally not taxable and prize money from TAB horse, dog and trotting races is not taxable. A person who bets as a business is a different case. TAB NZ pays a Problem Gambling Levy of 0.74 %; overseas operators supplying New Zealand residents pay online gambling duty (12 % of profits since 1 July 2024, 16 % from 1 January 2027). Paying duty does not make an offer lawful — only TAB NZ may take a sports or racing bet from a person in New Zealand.

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