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New Zealand CobraBet Sportsbook Bonus Offer And Site Review 2023

Get Up To $100 in Free Bets

21+ Terms Apply.

Why Cobra Sports?
  • Major Sports Events
  • Markets and Odds Pre-match & Live Betting
  • Crypto Betting Sports Bonuses
Sportsbook Status Live in
  • Legal and Licensed in
Accepted Payments

Get Up To $100 in Free Bets

CobraBet Sportsbook New Zealand is a relatively new player in the sports betting scene (founded in 2021), but it's quickly establishing a foothold thanks to sister company CobraCasino's reputation around the world and well-regarded VIP program. Let's take a close look at all that the CobraBet NZ betting site offers to punters across the country.

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CobraBet Sportsbook NZ Quick Facts

📅 Launched 2021
📱 Platforms Website optimized for Desktop, Tablet and Mobile
🥇 Great For Loyalty Program
🎁 Welcome Offer Up to $100 in free bets
💳 Minimum Deposit $10
💰 Withdrawal Limits $500 per day, $2,500 per week, $10,000 per month
⌚️ Withdrawal Time Depending on method, up to 10 business days
🏠 Based In Curaçao

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Top Features at CobraBet Sportsbook New Zealand

Live Betting
Early Cash Out
Odds Boost
Time Out
Bet Builder
24/7 Customer Support

As CobraBet NZ grows, expect to see more of the most popular sports betting features arrive at the sportsbook. For now, the ability to reach a support representative at any time is a terrific addition, since foul-ups never go on holiday.

An odds boost moves the betting odds in favour of the punter which can kick your payouts to the next level. Early cash-out can help you to protect your winnings or cut your losses before the final whistle blows, and there is simply no better way to ramp up the excitement than live betting on a match while it's in progress.

CobraBet Sportsbook New Zealand Free Bet Bonus Offer 2023

Because there are so many online bookmakers in the game competing for your attention, you'll often see welcome bonuses meant to entice gamblers to give their service a try. CobraBet's current bonus offer is up to $100 in free bets. This offer is for new punters only, and terms and conditions of course apply. Fortunately, the requirements aren't too strenuous.

How To Claim CobraBet Sportsbook NZ Bonus

If you want to claim the CobraBet Sports Betting Bonus in New Zealand, they've made it easy for you with plenty of banking options and sporting events on which you can place bets. Here's all you need to do.

Then a small intro with more detailed information, which can be a small list

  • Step 1: Create a new CobraBet account and make a minimum deposit of $10.
  • Step 2: Place your first wager.
  • Step 3: You'll then get a free bet worth 100% of what you staked in your first bet.

CobraBet Sportsbook NZ Bonus Terms & Conditions

You'd do well to read the full terms and conditions on the CobraBet NZ website before agreeing to anything, but the most important things to know are as follows:

  • Your first bet must have betting odds of at least 1.3 to qualify for the bonus.
  • The amount you can be credited for your free bet has a maximum of $100.
  • Your free bet must be used within 7 days of its issuing.

CobraBet Sportsbook New Zealand At A Glance

CobraBet Sportsbook New Zealand began as an extension of the CobraCasino website. CobraCasino and CobraBet are operated by DAMA NV, a gambling company established in 2020 and licensed by the government of Curaçao. CobraCasino operates in over 30 countries, and it's safe to expect CobraBet to extend to all those locales as well.

Pros & Cons of CobraBet Sportsbook New Zealand

Pros and Cons

Wide array of betting markets and betting options
Excellent rewards available through the loyalty program
Plenty of deposit methods including bitcoin
Many games for esports fans to enjoy
No mobile app available
No live streaming video options
Newer company means track record is unproven

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CobraBet Sportsbook NZ Best Features


The betting odds you'll find in CobraBet Sportsbook NZ are necessarily competitive. When a new player enters the scene, they'll need to keep pace at a minimum to compete with the more established operators.

Sports Markets

One of the true strengths of CobraBet NZ is the amount of betting markets available to punters. The most popular betting sports around the world are represented at CobraBet. Here are just a few of the sports you can place bets on through the CobraBet NZ website.

🏐 Gaelic Football 🏑 Gaelic Hurling
⚽ Association Football/ Soccer ⛳ Golf
🏉 Rugby 🏈 American Football
🏐 Volleyball 🏏 Cricket
🎾 Tennis 🏀 Basketball
🏒 Ice Hockey 🏓 Table Tennis
🏉 Aussie Rules ⚾ Baseball
🏎️ Formula 1 🥊 Boxing
🥊 MMA 🎮 Esports
🎱 Snooker 🎯 Darts

CobraBet Sportsbook NZ Promotions

Like any bookmaker worth its salt, CobraBet features ongoing offers for bettors who regularly use their website. Promotions run the gamut and include the simple odds boost on a straight bet to combo boosts that can shoot your payouts on accumulators through the roof.

Many of the other running promotions are applicable to accumulators, so that can be extra tempting if that's how you like to play.

If that isn't enough, the VIP Program at CobraBet NZ is one of the better ones currently available to New Zealand bettors.

Cobra Bet NZ Mobile Betting App

There is not currently a mobile app offered by CobraBet Sportsbook NZ. It's unclear if Cobra Bet plans on launching an app in New Zealand in the near future, but for the moment the mobile site is more than sufficient to fill your needs.

User Experience

CobraBet Sportsbook New Zealand gives a clean and neatly arranged website that works as well on mobile as it does on desktop. You're presented with a minimalistic page that doesn't bother you with a ton of clutter, and the dark theme looks sleek.

It's a great contrast from the many bookmaker sites that look like a maths text. And it's simple to flip between sports and online casino games if you also like to play slots or blackjack.

Deposit and Withdrawal Methods

The banking methods available for use with CobraBet Sportsbook NZ run the gamut from direct bank transfers to several different cryptocurrencies including bitcoin cash. Credit and debit cards are also available for bettors to use, as well as prepaid cards and e-wallets.

No matter the method you use, the minimum amount you can deposit is $10, while the minimum amount you can withdraw varies by method, but expect $20 as the floor.

The banking method will also determine how long the withdrawal takes. E-wallets can clear the transactions instantly, while a bank transfer can take up to ten business days.

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Our Experts' Final Thoughts on CobraBet Sportsbook NZ

In general, CobraBet Sportsbook NZ is off to a good start. The CobraBet NZ welcome bonus is a fine way in, and they seem to roll out enough promotions to keep things interesting.

Certainly, the number of betting options and sport markets should be enough to occupy the most discerning punter's time. And the tiered VIP Program looks as though it can pay back the bettor nicely for their attention.

A dedicated mobile app would certainly be a great next step, and the ability to live stream events would give them an advantage in a crowded field of competition.

It's a perfectly good place to place a wager, and they're worth a try for the free bet credit and to see if you like how they do things. There's no shortage of bookmaker operations if you find they're not your style.

CobraBet Sportsbook FAQs

Is CobraBet Sportsbook NZ Legit?

Cobra Bet is new in the New Zealand gambling scene, but it is regulated by the government of Curaçao and is the sports betting arm of Cobra Casino, which operates around the world. There is no record of a major issue that would give us pause.

Is there a CobraBet Sportsbook NZ Welcome Bonus?

CobraBet Sportsbook New Zealand currently offers a welcome bonus of up to $100 in free bets.

How old do I have to be to get a CobraBet NZ account?

You must be at least 20 years of age to gamble on sport in New Zealand.

About the Author

Brian Dermody for Bookies.com
Brian Dermody
Brian Dermody cut his teeth professionally in the world of UFC marketing but has since turned his attention to the booming sports betting industry in the US. He now spends his days relentlessly testing and reviewing the top sports betting apps available to ensure bettors know exactly what they are getting into when they sign up with a bookie.