I joined FunBet Sport on 3 September and used it daily until the tenth, betting Premier League and rugby markets, testing the cashier at both ends and poking at the bits most punters never look at until they need them. This FunBet review sets out what the week showed me. Short version: the betting is better than I expected and the paperwork is worse.
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We may earn a commission if you sign up through our links. This never affects our rating or findings, and we don’t accept payment for a higher score — read how we rate and test. Betting age in New Zealand: 18+. Please bet responsibly — free, confidential support is on 0800 654 655.
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Since 28 June 2025, TAB NZ is the only operator allowed to offer racing or sports betting to people in New Zealand. Everything below comes from seven days on a funded account, checked against the operator’s published terms. Offers and limits shift regularly, so read the current conditions before you deposit.
| Pros | Cons |
|---|---|
|
29 sports, 100-plus competitions, football and rugby well served |
The site names no licence and no owner |
|
$50 in by Neteller, spendable two minutes later |
Streaming is implied by an icon and never delivered |
|
Most fixtures carried 20-plus markets, the big ones over 100 |
Deposit limits are missing from the account settings entirely |
|
Zero commission charged on money in or out |
Every live chat I opened ran past three minutes |
|
Rewards keep going after the sign-up offer: challenges, tournaments, bonus shop, VIP tiers |
Animation-heavy pages load slowly, the promotions screen worst of all |
29 sports, 100-plus competitions, football and rugby well served
$50 in by Neteller, spendable two minutes later
Most fixtures carried 20-plus markets, the big ones over 100
Zero commission charged on money in or out
Rewards keep going after the sign-up offer: challenges, tournaments, bonus shop, VIP tiers
The site names no licence and no owner
Streaming is implied by an icon and never delivered
Deposit limits are missing from the account settings entirely
Every live chat I opened ran past three minutes
Animation-heavy pages load slowly, the promotions screen worst of all
FunBet Welcome Bonus for New Zealand Punters
Before you fill in a single field, a pop-up asks which offer you want. Four buttons: the sports match at 100% up to $200, a casino package of 100% up to $1,000 plus 200 free spins, a slot for a promo code, and a decline option. Whatever you tap follows you through both registration screens as a reminder at the top of the form, which is a tidy piece of design.
I declined. That was a funding decision rather than a judgement on the offer. My plan was to deposit through Neteller, and Neteller is one of two wallets excluded from the promotion, so selecting the match would have produced a bonus that never arrived. Anyone doing the same should either switch method or accept there is no offer coming.
For anyone who does take it, the turnover requirement is 6x and the clock runs 30 days. That is gentler than plenty of books manage. Where it tightens up is the qualifying price. Singles under 2.00 are ignored, and on a multi the 1.50 test is applied to every individual leg. A tidy $1.40 favourite does nothing for your progress no matter how many times you back one.
| Condition | Information | What it means for you |
|---|---|---|
|
Bonus Amount |
100% up to $200 |
Only a $200 deposit draws the full amount |
|
Rollover |
6x |
$1,200 of qualifying turnover on a maxed bonus |
|
Min. Deposit |
$40 |
Affordable entry, but $40 in returns $40 of bonus |
|
Min. Odds (Single) |
2.00 |
Anything odds-on is ignored by the counter |
|
Min. Odds (Multi Leg) |
1.50 |
Each leg is judged separately, not the combined price |
|
Max Bet While Clearing |
$100 |
Sets a floor on how many bets the rollover takes |
|
Time Limit |
30 days |
About $40 a day at full stretch, so weekend-only betting will not get there |
|
Excluded Methods |
Skrill, Neteller |
Card, MiFinity or crypto if you want the match to attach |
No code is required for the standard sports offer. Selecting it in that first pop-up is the entire claiming process, and nothing needs chasing afterwards. The promo code button is a separate route for anyone holding a code from a campaign elsewhere, and choosing it replaces the standard offer rather than adding to it.
Other FunBet Bonuses in NZ
Six offers were live on the promotions page during my week, which is a heavier rotation than most sites bother with. Every one of them carries conditions of its own, and those conditions govern whether any winnings can be withdrawn, so the headline number is never the whole story. Our roundup of betting bonuses in New Zealand puts these in context against the rest of the market. What was running:
- Weekly Reload — 50% up to $1,200, available again each week.
- Cashback — 10% returned on losses, capped at $1,000.
- Accumulator Boost — a $200,000 pool shared across qualifying multis.
- 2 Goals Payout — $100,000 attached to football bets settled early on a two-goal lead.
- Build Your Bet — 50% risk free up to $100 on same-game builds.
- Casino Welcome Offer — 100% up to $1,000 with 200 free spins for the other side of the site.
Six offers running at once on the promotions page — also the slowest-loading screen on the site.
Specials and Boosted Odds
Boosted markets sit behind their own tab above the fixture list, with the old price struck out beside the new one so you can see exactly what has been added. A Serie A build lifted from 4.11 to 4.52 while I was looking. Almost everything boosted was European football, which tells you where the traders’ attention goes, and it means the good ones tend to appear and expire while New Zealand is asleep.
Underneath that sits the loyalty machinery: challenges to complete, collections to fill, tournaments to climb and a bonus shop that turns points into rewards, plus a VIP club offering higher withdrawal ceilings and quicker support. Few books at this size build out that much. My complaint is purely technical. Every one of those screens is animated, and on laptop and phone alike they need a few seconds of spinning before anything responds to a tap.
FunBet Sportsbook: Sports and Markets
A week on the board covered a Premier League round, midweek European football and the rugby markets. Here is where the depth is real and where it runs thin.
Sports and Leagues
Twenty-nine sports, and more than 100 competitions sitting inside them. Football takes the front page, with the Premier League and Champions League leading, and the North American leagues are all present: NFL, NBA, NHL and MLB. Rugby markets were available every time I searched for them, though you have to go looking rather than finding them waiting on the homepage. Our soccer betting guide covers the code that dominates this board.
Types of Bets
Twenty-plus markets was the floor on almost every fixture I opened, and the headline games stretched beyond 100. Football gets 1X2, totals, first and second half treated as separate events, cards, corners and a long run of player props. With a $0.20 minimum stake, trying one you have never used costs next to nothing.
Live Markets
Live betting in FunBet is the strongest thing on the platform. I counted more than 150 matches running simultaneously on the Saturday, with 70-plus markets open on the marquee games. The prices move fast, which is a compliment and a warning: hesitate over a selection and you will be asked to confirm a new number before it goes on.
Bet Builder
One slip handles singles, multibets and system bets, and legs from the same match combine without complaint. I stacked four selections across two fixtures and the slip priced them at 7.48 straight away, running total updating at the bottom as I went.
Is Cash Out Available?
Available on selected markets, with the button appearing on the bet itself. It switches off for anything staked with bonus funds, so bets placed while a welcome offer is still clearing have to run all the way to settlement.
Odds Boosts
Refreshed daily in a tab of their own, weighted towards the European calendar. Standard pricing away from the boosts was competitive without ever being the sharpest a New Zealand punter can find, which is about where I expected it to land.
Live Streaming
There is none. A small screen icon appears beside some fixtures and suggests otherwise, but across seven days on desktop, Android and iOS, not one stream ever loaded for me. Anyone who watches and bets on the same screen should rule this site out now rather than later.
Is There a Casino Too?
A very large one, running past 15,400 titles across slots, jackpots and live dealer tables. Bear in mind the December 2026 start of New Zealand’s licensed online casino regime under the Online Casino Gambling Act 2026, which will change which operators Kiwis can reach. Our guide to the best online casinos in New Zealand follows that shift.
Is FunBet Legal in New Zealand?
New Zealand rewrote its betting law in the middle of 2025, and FunBet sits on the wrong side of the result. From 28 June 2025, TAB NZ became the only operator permitted to offer racing or sports betting to anyone located here. Amendments to the Racing Industry Act 2020 carried a monopoly that had covered betting in person across to online betting as well.
That restriction was drafted to reach operators wherever in the world they happen to be registered. A licence issued somewhere else does not create an exemption. Enforcement belongs to the Department of Internal Affairs, which has already written to offshore books instructing them to withdraw from the market, close New Zealand accounts and return the balances in them.
Here is the distinction people most often get wrong. The obligation belongs to the operator. You are not the target of the provision. Reaching FunBet in New Zealand needed no VPN and no workaround at any point in my week, and nothing about placing a bet is what the law is aimed at. What it does mean is that a book still taking deposits from here is trading against New Zealand law, and that shapes your position entirely if anything ever goes wrong.
Then there is the transparency problem, which is this brand’s own doing. Nowhere on the site is there a licence number, a regulator or a company name. Outside sources name Luxinero Group as the operator and then disagree with each other about whether the licence is Anjouan or Curaçao. Support declined to settle it when I asked. One line in the footer would resolve the whole thing, and after seven days I still cannot tell you who I was betting with.
Worth separating out one recent piece of legislation that keeps getting muddled into this. The Online Casino Gambling Act 2026 has been in force since 1 May 2026 and builds New Zealand’s first licensing regime for online casinos, with up to 15 DIA licences and a market opening on 1 December 2026. Casino games are all it touches. Sports and racing betting remain outside it, with TAB NZ.
The betting age here is 18, while casino gaming inside a venue requires 20. If you want the state of the wider market, our guide to the best New Zealand sportsbook choices and our full library of sportsbook reviews both go further than one brand can.
Tax barely registers. Recreational punters owe nothing on betting winnings in New Zealand, so a Saturday multi creates no paperwork whatsoever. Betting as a business is assessed differently and may attract income tax, and Inland Revenue is the place to check where that boundary falls. None of this is tax advice, so see an accountant if you think you are close to it.
Payment Methods in FunBet Sport
The payment methods in FunBet cover cards, the major e-wallets, MiFinity and a long crypto list, with every option showing its own floor and ceiling before you commit to it. I deposited by Neteller and withdrew by bank transfer to ANZ, and neither leg cost me anything. Our guide to payment methods explains how these options usually behave on a Kiwi account.
Funding the account was good as gold: my $50 through Neteller was staking-ready in roughly two minutes, and cards are usually instant. Visa and Mastercard run $25 to $4,000, Neteller and Skrill $25 to $9,800, and MiFinity has the cheapest entry at $20 with a $4,000 cap. Bitcoin, Ethereum, Litecoin and USDT on ERC20, BEP20 and Solana mostly open at $25. One exclusion to note before you choose: Skrill and Neteller deposits will not activate the welcome offer.
One to three working days once verification is done, and my bank transfer to ANZ used all three of them. Bank transfer and Skrill both reach $9,800, cards $4,300 and MiFinity $4,000, with $50 the minimum across the board. Crypto is the fast lane and often lands the same day. Worth knowing that New Zealand banks each take their own line on gambling transactions, and some will query a card payment to a betting site.
No. Nothing is taken at either end by the brand itself, so the amount you move is the amount that arrives. Your own bank may add a charge on an international transfer, though mine did not, so check that before you assume the full sum lands.
Every deposit option shows its own limits — cards from $25, MiFinity from $20, with the crypto list continuing below.
How to Register at FunBet from New Zealand
Three minutes, two screens, nothing to trip over. Screen one wants an email, a password and the 18-plus confirmation, with a second tick box for marketing that you can leave alone. Screen two collects your name, date of birth, sex, country and currency. New Zealand and NZD were already filled in when I arrived there, so no currency conversion sits between you and your balance.
Verification is the part that takes patience rather than effort. My documents came back approved about 24 hours after I sent them, which is fair enough by offshore standards. Do it in your first session regardless. An unverified account can bet but cannot withdraw, and discovering that with winnings sitting there is a miserable way to learn it.
The sign-up pop-up: 100% up to $200 on sport, a bigger casino offer, or no bonus at all — I took the last one, because I was depositing with Neteller.
Step one of two: email, password and the 18-plus declaration.
Step two collects name, date of birth and country, with the no-bonus choice still shown at the top.
What the Offshore Status Means for You
Bets settled correctly, the money arrived, nobody messed me about. The trouble is that none of what you give up offshore shows itself while things are going well. It only surfaces on the day they stop, and in New Zealand the drop is steeper than it used to be now that these operators are outside the law rather than simply outside a licensing system:
- Your complaint has nowhere to go. A settlement you dispute or a payout that stalls is handled by the operator’s own staff, and their answer is final. No New Zealand regulator will pick it up on your behalf.
- Nobody audits the money. There is no assurance that customer funds sit apart from operating funds, that withdrawal requests get processed, or that an account closure is actioned when asked for.
- Self-exclusion has no reach. An exclusion arranged through TAB NZ or a New Zealand support service does absolutely nothing to an offshore site.
- The account may not be there next month. DIA has told offshore books to leave, and one that complies will shut New Zealand accounts. Returning the balance is a decision they make, not a duty they owe.
- Anonymity compounds all of it. With no licence published and no company named, there is no regulator to escalate to and no entity to identify if the site stops replying.
So the honest conclusion is a short one. Sports and racing betting has exactly one lawful home here, and it is TAB NZ. Any punter who wants somewhere to turn when things go sideways should be there. Holding a balance offshore is a risk with no upside, so if you have one sitting, bring it home.
Customer Support at FunBet NZ
FunBet NZ gives you three ways to get hold of someone, and the quality varies more than the options suggest:
- Help centre — eight categories of the usual questions, accurate but general, and silent on ownership and licensing.
- Live chat — staffed by people rather than a bot, which already puts it ahead of a lot of competitors.
- Email — support@funbet.com, for documents or anything you want a written record of.
The brand reckons chat answers inside three minutes. Every conversation I started ran longer than that, which is not a disaster for a billing query and is thoroughly irritating when a match is running. Credit where it is due once someone appeared: the replies were competent, written by a human and free of scripted padding. The exception was my licensing question, which produced a courteous answer that told me nothing at all.
Is There a FunBet App?
No native app exists on the App Store or Google Play, and the site does not pretend otherwise. Instead there are instructions for saving a shortcut to your home screen on either platform, which opens full screen and passes for an app closely enough in daily use.
I ran it on Android and iOS across the week and both performed. Selections stayed in the slip, in-play prices updated without me reloading anything, and a live bet was three taps from start to confirmation. Loading is the weak point, not betting. The sports board comes up quickly, while the animated promotional screens make you wait noticeably longer on a phone than they do on a laptop.
Skipping the app store does cost you something: push alerts on price movements and settled bets, and any app-exclusive promotion.
Boosted prices on the left, the bet slip on the right — a four-leg multi priced instantly at 7.48.
Responsible Gambling
Almost nothing has been built here, and that is the most serious mark against the site. I searched the account settings for a deposit limit and there is not one to find. Self-exclusion exists, but it means emailing support and waiting for them to act on it, which puts a third party between you and a decision that should be instant and yours alone.
Since the platform will not hold a line for you, hold it yourself. Decide the number before you deposit, treat it as spent the moment it lands, and walk away for a while when the week has gone badly. “She’ll be right” is not a limit. Chasing a loss is where nearly all of the damage starts, and it starts quietly.
Support in New Zealand is free, confidential and available around the clock:
- Gambling Helpline Aotearoa — 0800 654 655 or free text 8006, any time of day. Separate Māori, Pasifika, youth and debt lines are available.
- Problem Gambling Foundation — free counselling on 0800 664 262 or text 5819.
- Choice Not Chance — self-assessment tools plus advice for whānau and friends of someone struggling.
There is more in our responsible gambling hub, including how self-exclusion works through TAB NZ.
How FunBet Compares for New Zealand Punters
There is not much of a field left to compare against, because TAB NZ alone can lawfully accept a sports or racing bet from someone in New Zealand. The comparison that helps is against the operator you can actually use, and against the New Zealand-facing names punters still ask us about, Betcha among them.
Get up to NZ$200
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Get up to NZ$200
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Get up to NZ$200
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Receive up to NZ$200
in Free Bets
Sign Up and Receive
Up to NZ$200
Get up to NZ$100
in Free Bets
Get up to NZ$500
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Receive up to NZ$500
in Free Bets
On volume this brand wins comfortably: more sports, more markets inside each fixture, a casino of a size TAB NZ has no interest in matching, and a rewards programme with genuine depth. On everything that is not the bet itself, it loses just as comfortably. Limits you set yourself, an exclusion scheme that actually binds, a complaints path with an end point, a named licence holder, and turnover that funds racing and sport in this country all sit on the other side of the ledger.
What Other Punters Say About FunBet
Reviews elsewhere land in much the same place my week did. Markets and promotions attract praise, withdrawal speed attracts most of the complaints, and the missing licence details come up again and again from people who went looking for them and found nothing. The recurring reassurance is that the money does eventually turn up.
Odds are on par with others at the worst and usually better, however, design of the tab is messy. Didn`t find a dedicated category for e-sports, just particular games, makes searching stuff hard, hope they improve it sometime.
Zoo on April 2026 (Trustpilot)
I like logging in for a quick spin after work. Sweet Bonanza and Money Train are fun, and the live tables mix things up a bit. Wins eren`t massive every time, but they`re enough to keep me coming back. Four stars feels about right.
SV K on March 2026 (Trustpilot)
FunBet FAQs
Can I legally bet with FunBet in New Zealand?
TAB NZ has been the only operator permitted to offer racing or sports betting to anyone located in New Zealand since 28 June 2025, and that applies no matter where an operator is registered. The Department of Internal Affairs has instructed offshore books to leave and close New Zealand accounts. The obligation falls on the operator rather than on you, but it leaves you with no New Zealand recourse if a dispute comes up.
Who owns FunBet and who licenses it?
The site says nothing about either. External sources name Luxinero Group as the operator and then contradict one another over whether the licence is Anjouan or Curaçao. Support would not clear it up for me. Read that silence as a genuine warning sign rather than an oversight.
How long do withdrawals take?
One to three working days once verification is done. My bank transfer to ANZ took the full three. Crypto payouts are usually quicker and often land the same day.
What is the minimum bet?
Twenty cents, which is low enough to try an unfamiliar market for the price of nothing before you stake anything that matters.
Is live streaming available?
No. A screen icon appears next to some fixtures, but not one stream loaded across seven days of testing on desktop, Android or iOS.
Are betting winnings taxed in New Zealand?
Not for recreational punters, so a weekend multi creates nothing to declare. Anyone betting as a business may be assessed on that income instead. Inland Revenue or an accountant can tell you which side of the line you sit on.
Is there a FunBet promo code?
The standard sports offer needs no code at all, just a tap in the pop-up that appears before registration. A promo code option sits in that same pop-up for anyone holding a code from elsewhere, and it replaces the standard offer rather than adding to it.