NZ punters get fair shake with TAB’s Punters Promise & betcha Guarantee

[curious]

  Photo: Sonna Studios

NZ punters get fair shake with TAB’s Punters Promise & betcha Guarantee

Entain Australia & NZ

13 August 2025

Sports and racing fans in New Zealand have the opportunity to back their favourite team or horse to win their fair share with today's expansion of Minimum Bet Limits for TAB and betcha customers.

Minimum Bet Limits (also known as MBLs) mean a customer is able to bet to win at least a certain amount on a betting option. The voluntary MBLs announced today go above and beyond the limits in place in Australian racing and, in the case of sports, provide a new level of consumer protection in the sports betting industry.

“We launched Punters Promise in 2022 for our TAB racing fans across all three racing codes, but today we’re supercharging it,” Entain Australia and New Zealand’s General Manager – Trading, Nick Conway said.

“The $2,000 MBL for New Zealand racing extends to $5,000 for New Zealand thoroughbred racing on a Saturday, as well as Friday night harness and other big Group one harness racing days like NZ Trotting Cup Day.

“There's nothing more exciting than placing a long-range bet on a horse to win one of NZ's racing carnivals feature races, and now thoroughbred and racing futures markets are included in TAB's Punters Promise with a $2,000 MBL in place as soon as the market is open.”

Voluntary MBLs are also in place for Australian racing, with $2,000 MBLs on Australian metropolitan thoroughbred meetings, $1,000 on harness racing and the remainder of Australian thoroughbreds, and $500 on Australian greyhound racing.

The major gamechanger is for sports punters. The most popular sports – football, basketball, rugby union, rugby league and more – are now covered by TAB’s Punters Promise and the new ‘betcha Guarantee’ with customers able to bet to win $1,000 in the top two or three betting options in the most popular tournaments, leagues and international fixtures.

For example, a TAB or betcha customer can bet $400 on their favourite Warriors player to score a try at odds of $3.50 returning $1,400 – a $1,000 profit on their $400 bet.

There are some variations between sports and leagues, with bet-to-win limits for UFC exclusive to betcha Guarantee, and New Zealand representative matches (such as Tall Blacks or New Zealand football national team matches) exclusive to Punters Promise.

“The sports, tournaments and markets we have chosen for the Punters Promise and betcha Guarantee cover 75 percent of our sports turnover, so we'll have our work cut out for us making sure the odds are as accurate as possible,” Conway said.

“We recognise and appreciate the privilege of being the exclusive betting operator for New Zealand. These new and expanded initiatives – alongside our pledge to provide the same fair odds in New Zealand that we have on our brands in the highly competitive Australian betting market – shows our commitment to striking a fair balance between the punter and the operator.”