Legal New Jersey Sports Betting


The topic of legal New Jersey sports betting finally forced its way through to the mainstream, as the state successfully challenged the restrictive Professional and Amateur Sports Protection Act (PASPA, 1992) all the way to the Supreme Court, coming out on top in the long run. On May 14, 2018, the SCOTUS overturned PASPA as unconstitutional, thereby allowing New Jersey — and the rest of the countries in America — to legalize and regulate their own sports gambling industries. With the flourishing Atlantic City gaming market and several historical racetracks across the country, the industry for legal sports betting in NJ has the potential to overshadow that of Nevada.
Even with PASPA’s overturn, to better understand legal sports gambling in New Jersey, it can be handy to learn about certain other state and federal laws. Becoming knowledgeable about the current state of authorized New Jersey sports betting will provide you a clearer image of how and where you are able to bet on sports. Yes, it is easier than ever to wager on athletics in NJ, but there is still some background that responsible gamblers should know about.
Is Land Based Sports Betting Legal In New Jersey?
Land-based sports betting is now legal in New Jersey! While PASPA was still in effect, the sole states granted exemption were people who had sports gambling laws in place prior to the federal law was made effective on January 1, 1993. Nevada, Delaware, Oregon, and Montana were the only nations grandfathered into the legislation, though NV was the only state with single-game wagering (aka full-service sports betting).
Ironically, the one-year grace period from the time PASPA was signed (October 28th, 1992) to its effective date was specifically meant to allow the state of NJ to enact their particular sports betting laws. However, lawmakers strangely failed to pass any sports gambling laws during the window, which resulted in the state falling under the umbrella of the federal ban. Over the ensuing 25 decades, NJ legislators have worked vehemently to get the prohibition lifted. Now that they have done just that, you can enjoy land-based, legal New Jersey sports gambling all across Atlantic City and throughout the rest of the state. State-based online sports betting is also an option in New Jersey, and the sky’s the limit for how much the industry can continue to go.
Is Online Sports Betting Legal In New Jersey?
Internet gambling has been legal in the country for decades, but online sports gambling has just recently been made lawful in New Jersey. Policymakers had pushed for lawful New Jersey sports gambling websites that would be governed by the nation long before PASPA has been removed, and with the national ban no longer standing in the way, NJ residents can wager at any variety of casino-affiliated online sportsbooks. The catch is that to set up an account, online bettors in NJ ought to really visit all those books’ related casinos to enroll. However, withdrawals may be requested via mail, so at least some measure of additional convenience is in place in that regard.
All that being said, it is crucial to be aware that despite the proliferation of local online options (and a clear state interest in promoting those options), there’s been no legislation enacted or even suggested that would make utilizing offshore sportsbooks contrary to the law. This is a great thing, as such foreign novels are often superior to in-state options, especially when it comes to actions on local teams (since there is no home-team skew on the gambling boards, driving up the vig, or home take( to compensate). Additionally, these overseas websites are licensed and run by local gaming authorities in their home states, and every operator is licensed to take players from the USA.
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New Jersey Sports Betting Revenue
New Jersey is in a league of its own (excluding Nevada) as it comes to the sheer quantity of sports wagering. When some states are just breaking or failing to live up to sports betting revenue expectations, New Jersey has seen their handle surpass $1 billion since the beginning of 2019, with roughly 80 percent of it coming from online sports betting. Meadowlands and Resorts Casino (through their online skins) are responsible for three-quarters of all revenue since the business launched in June 2018. Add in Monmouth Park and Ocean Resorts and all these four sportsbooks accounts for over 90% of their total tax gifts.
Where To Bet On Sports At New Jersey
The greater question would be,”Where can’t you wager on sports in New Jersey?” Now that the action was legalized, you can wager on sports at NJ at any number of physical locations, such as all of the casinos on the Atlantic City strip, The Meadowlands, and Monmouth Park. You can even wager on sports via numerous neighborhood Internet-based books wherever you are in the state, and of course, the offshore option is always right at your fingertips anywhere you have a Wi-Fi or data connection.
The sole venue in New Jersey that doesn’t provide sports wagering (yet) is the Freehold Raceway, though website officials are still working hard to deliver sports gambling to the historic venue ASAP.
Where’s The Closest Place To Me To Bet?
Finding the closest place to bet in New Jersey is simple no matter where you reside within the country: Atlantic City and the pair of centrally-located racetracks at NJ (The Meadowlands in East Rutherford and Monmouth Park in Oceanport). Please note: Should you also desire to enjoy casino gaming along with your sports gambling, casino activity is restricted to the AC strip place, which means all you need to do is pick your casino and drive to the city.
Each of the casinos in AC have plenty of table games to allow gamers to choose from, but the actual highlight recently has been the many different, competing sportsbooks that these sites offer. Additionally, using 10 casinos around the AC strip (and with the majority of them offering online sports betting elements ), New Jersey is one of the easiest places to store lines one of actual physical venues, providing you a sports betting edge which you can only otherwise locate at legal offshore sports gambling sites.
Atlantic City New Jersey Sportsbooks
Bally’s Wild Wild West Sportsbook Atlantic City
Borgata Sportsbook Atlantic City
DraftKings Sportsbook Atlantic City
Golden Nugget Atlantic City
Harrah’s Sportsbook Atlantic City
Ocean Resort Atlantic City
Tropicana Sportsbook Atlantic City
Freehold New Jersey Sportsbooks
Freehold Raceway Sportsbook
Meadowlands New Jersey Sportsbooks
FanDuel Sportsbook Meadowlands
Oceanport New Jersey Sportsbooks
Monmouth Park Sportsbook Oceanport
New Jersey Cities With Sports Betting:
Atlantic City
East Rutherford
Oceanport
New Jersey Sports Betting Gains For March 2019:
Though the fledgling New Jersey sportsbooks took a bit of a bath during the Super Bowl in January (which, paradoxically, is the direct opposite of”cleaning up”), the ship has since been righted — and then some! On the insides of March Madness (the second-most-popular sports wagering occasion on the US calendar), NJ sportsbooks took in a total monthly handle of 372,451,342. This eclipses February’s album manage by over $52 million. Evidently, sports gambling from NJ is hugely popular, and it’s only picking up steam.
Concerning earnings, March’s figures include $31.7 million in complete take across all 10 retail sportsbooks and 13 online sportsbooks that operate in the nation. Collectively, NJ sportsbooks held 8.5percent of wagers, which is above the typical 6-7% speed achieved by the majority of novels in many regions. The largest individual winner for the month has been FanDuel, which operates The Meadowlands’ sportsbook on-site and online. FanDuel took in about $17.5 million of the overall sports betting revenue in the state, while its competitor DraftKings came in second with just over $7.3 million in earnings. These two books control 78% of the New Jersey sports betting market.
Broken down by phone , the numbers show just how important statewide Internet-based wagering is to countries that wish to legalize sports wagering. In New Jersey, three weeks of March Madness action resulted in massive standing-room-only audiences at physical sportsbooks through the state, which have been pushed beyond capacity for much of the month. Still, $298,282,154 was nominated on the internet by patrons who could not make it into a proper gaming place. This is entirely 80 percent of all wagers placed in the state. To put it differently, at maximum capacity throughout a popular championship, local books only processed 20% of all wagers made by NJ residents. For any state that wants to maximize its own sports wagering taxation revenue, New Jersey is Exhibit A reason cellular should be an absolute priority.
New Jersey Sports Betting Websites There are two sorts of New Jersey sports gambling sites: those who are and are not governed by the state government. The state-regulated sites require you to sing up on-site, but after that, you can wager from any place in the country. However, you must still physically be located within New Jersey’s borders, along with the Interstate Wire Act remains in effect.
The other kind of NJ sports gambling sites are the offshore options. These websites are operated offshore in places like Costa Rica where online sports gambling has been permitted for decades. Such websites offer betting lines on all of your favorite sports, ensuring you can wager on the New Jersey Devils and other teams. The action is the same that you would see in a Vegas sportsbook, with the best odds and betting options like moneylines, totals, point spreads, and parlays. Better still, you aren’t geo-fenced at these books, and it is also possible to bet on NJ college athletics, which is forbidden at state-sanctioned websites.
Joining an overseas sports gaming website in NJ is easy to do: Simply find a sportsbook that fits your needs and sign up. It is that easy. Accounts require less than 5 minutes to create, and membership is always free. There are numerous online sportsbooks that take residents out of NJ and all over the US, and all the top brands are 100% safe, safe, and legal to use.
New Jersey Sports Betting And Gambling Laws
New Jersey sports betting and gambling laws have become a national talking point and hot-button political issue throughout the past several years from the push to set up legal New Jersey sports gambling. Originally, all gambling was legal in the state, but in 1894, all gambling was banned. Back in 1939, horse racing gambling (pari-mutuel betting) has been re-legalized, and soon thereafter, most charitable gaming (bingo, pull-tabs, raffles) was also accepted.
The state lottery was legalized in 1970 with broad public support, also in 1975, NJ made history by introducing the Pick-It, which had been the initial lottery system in America that allowed players to select their own numbers. In 1976, New Jersey voters approved a referendum allowing casino gaming to be made lawful in the country, provided each the places would be found at Atlantic City.
In 2011, online casino gaming launched in New Jersey, and one year later, then-governor Chris Christie signed voter-approved legislation legalizing sports betting in the nation. The legal struggles by various sports leagues (including the NFL, NBA, MLB, NHL, and NCAA) dragged on for a further six years, leading to the landmark SCOTUS ruling declaring PASPA unconstitutional and null and void.
More recently, Assembly Bill 4111 was passed and signed into legislation, refining the legal structure and regulatory criteria of New Jersey’s brand new sports gambling industry. The legislation sets the minimum age to bet on sports at 21, makes it illegal to bet on NCAA contests held within the state of NJ, makes it illegal to bet on NJ collegiate teams regardless of where they play, and wagering on eSports is also against the law. What’s more, the legislation mandates that an 8.5% tax rate on bodily sportsbook earnings and a 13% taxation rate on Internet-based sportsbook revenue.
What Teams Can I Bet On?
New Jersey’s close proximity to the Empire State sets it in a exceptional position when it comes to the teams that citizens bet. The state is a bit of a mixed bag, with the groups that sports fans root for determined by which side of the state they live. For example, in South Jersey, the majority of sports fans origin for the Philadelphia Eagles.
Making things more intriguing is that MetLife Stadium in East Rutherford is currently home to two NFL teams, the New York Giants and the New York Jets. The country is also home to a NHL team and one from the MLS. In sportsbooks, you will find betting odds on nearly every skilled and collegiate team which you can imagine (although NJ-based teams can only be wagered on via offshore venues due to state law). Here are the most Well-known teams which NJ citizens bet:
Popular Guru + College Teams To Bet On In New Jersey
Rutgers Scarlet Knights (Big 10) Princeton Tigers (Ivy League) New York Giants (NFL)
New York Jets (NFL) Philadelphia Eagles (NFL) New York Yankees (MLB)
New York Mets (MLB) Philadelphia Phillies (MLB) New York Knicks (NBA)
Brooklyn Nets (NBA) New Jersey Devils (NHL) New York Rangers (NHL)
New York Islanders (NHL) Philadelphia Flyers (NHL) New York Liberty (WNBA)
New York Red Bulls (MLS)
Horse Racing Betting In New Jersey
Horse racing betting in New Jersey was banned in 1894 and then legalized formally in 1939. However, during the ban, betting the ponies was extremely well known in the state. The first horse race trail has been Freehold Raceway (that is actually the very first commercial horse racing track in US history, having first opened its doors at the 1830s), and there are presently a total of three tracks where patrons can bet on the horses. The state also includes a handful of OTB gaming places where you can enjoy food, beverage, and a good deal of races.
New Jersey residents may also use online racebooks if not spending the day at the races. You will receive excellent horse gambling odds, horse racing results, and live streams to help keep you up on all the actions at any top offshore sportsbook support. Mobile racebooks make setting directly or exotic horse bets even more convenient, providing immediate access to significant tracks in the hands of your hand through cutting-edge cellular gambling. These horse racing betting sites provide you the maximum flexibility when gambling on the Sport of Kings.
Daily Fantasy Sports In New Jersey
New Jersey was not the first nation to regulate daily fantasy sport, but they’ve become leaders with their innovative DFS solutions. The state launched FastPick, a parlay-style daily fantasy sports platform. The product made Resorts AC the first casino Outside NV and CO to partner with a DFS platform. FastPick differs in that participants are playing against the house as opposed to other users. Before PASPA was overturned, this was the closest that you could get to legal New Jersey sports betting.
The NJ Legislature passed a dream sports bill to regulate DFS from the nation. The bill, A 3532, says that players must be at least 18 years old and requires certain customer protections. Contests are permitted on both collegiate and professional sports.

Read more: https://www.sporttobet.com/