Legal New Jersey Sports Betting

The topic of lawful New Jersey sports gambling finally forced its way through the mainstream, as the state successfully challenged the restrictive Professional and Amateur Sports Protection Act (PASPA, 1992) all of the way to the Supreme Court, coming out on top in the end. On May 14, 2018, the SCOTUS overturned PASPA as unconstitutional, thus allowing New Jersey — and all other countries in America — to legalize and control their own sports betting industries. With the flourishing Atlantic City gaming market and several historic racetracks throughout the state, the industry for lawful sports betting at NJ has the potential to overshadow that of Nevada.
Despite PASPA’s overturn, to better understand legal sports gambling from New Jersey, it can be handy to learn about certain other federal and state laws. Becoming knowledgeable about the present state of legal New Jersey sports gambling will give you a clearer picture of how and where you are able to bet on sports. Yes, it is easier than ever to bet on athletics in NJ, but there’s still some history that responsible gamblers should know about.
Is Land Based Sports Betting Legal In New Jersey?
Land-based sports gambling is now legal in New Jersey! While PASPA was in effect, the sole states granted exemption were those who had sports betting 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 to the law, although NV was the only state with single-game wagering (aka full-service sports gambling ).
Paradoxically, the only real grace period from the time PASPA was signed (October 28th, 1992) to its effective date was specifically supposed to permit the state of NJ to enact their own sports gambling laws. However, lawmakers inexplicably failed to pass some other sports betting laws throughout the window, which led to the state falling under the umbrella of the federal ban. On the ensuing 25 years, NJ legislators have worked vehemently to acquire the prohibition lifted. Now that they have done just that, you may enjoy land-based, lawful New Jersey sports gambling all across Atlantic City and across the remainder of the state. State-based online sports betting is also an option in New Jersey, along with the sky’s the limit for how far the business can continue to proceed.
Is Online Sports Betting Legal In New Jersey?
Internet gambling has been legal in the country for decades, but online sports betting has only recently been made lawful in New Jersey. Policymakers had driven legal New Jersey sports gambling websites that would be regulated by the nation long before PASPA was eliminated, and with the federal ban no longer standing in the way, NJ residents can bet at any variety of casino-affiliated online sportsbooks. The catch is that to install an account, online bettors in NJ must actually visit all those novels’ related casinos to enroll. But, withdrawals may be requested via email, so at least some measure of extra advantage is set up in that respect.
All that being said, it is crucial to be aware that despite the proliferation of local online options (and an obvious state interest in promoting those options), there’s been no legislation enacted or even implied that could make utilizing offshore sportsbooks against the law. This is a great thing, as such foreign books are often superior to in-state possibilities, especially in regards to actions on local groups (as there is no home-team skew on the gambling boards, driving up the vig, or house take, to compensate). Furthermore, these overseas websites are licensed and operated by local gaming jurisdictions in their own home states, and every operator is authorized to accept players in the USA.
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New Jersey Sports Betting Revenue
New Jersey is in a league of its own (excluding Nevada) when it comes to the sheer volume of sports wagering. When some states are only breaking even or failing to live up to sports betting revenue expectations, New Jersey has observed that their handle surpass $1 billion since the start of 2019, with roughly 80% of it coming from online sports betting. Meadowlands and Resorts Casino (through their online skins) are accountable for three-quarters of all revenue since the industry launched in June 2018. Add in Monmouth Park and Ocean Resorts and all these four sportsbooks accounts for over 90% of the total tax gifts.
Where To Bet On Sports In New Jersey
The better question is,”Where can’t you wager on sports in New Jersey?” Now that the activity was legalized, it is possible to bet on sports in NJ at numerous physical locations, including each the casinos around the Atlantic City strip, The Meadowlands, and Monmouth Park. You may even wager on sports through any number of local Internet-based books wherever you are in the state, and needless to say, the offshore solution is always at your fingertips anywhere you have a data or Wi-Fi connection.
The sole venue in New Jersey that does not offer sports wagering (yet) is the Freehold Raceway, although website officials are still working hard to deliver sports betting to the historical venue ASAP.
Where is The Closest Place To Me To Bet?
Finding the nearest location to wager in New Jersey is simple no matter where you reside within the state: Atlantic City and the pair of more centrally-located racetracks at NJ (The Meadowlands in East Rutherford and Monmouth Park in Oceanport). Please notice: If you also wish to enjoy casino gambling along with your sports gambling, casino action is limited to the AC strip area, so all you need to do is select your casino and drive to the city.
Each the casinos in AC have loads of table games for players to pick from, but the real highlight lately has been the many different, competing sportsbooks these websites provide. Plus, with 10 casinos around the AC strip (and with most of them offering online sports betting elements ), New Jersey is one of the simplest places to shop lines among actual physical places, giving you a sports betting edge that you may only otherwise find 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 small bathroom during the Super Bowl in January (which, paradoxically, is the direct opposite of”cleaning up”), the ship has 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 record handle by over $52 million. Evidently, sports betting from NJ is hugely popular, and it is only picking up steam.
Concerning revenue, March’s figures include $31.7 million in complete take across all 10 retail sportsbooks and 13 online sportsbooks that operate in the state. Together, NJ sportsbooks held 8.5percent of wagers, which is above the typical 6-7% speed attained by the majority of books in most regions. The largest individual winner for the month was FanDuel, which operates The Meadowlands’ sportsbook onsite and online. FanDuel took in about $17.5 million of the total sports betting revenue in the country, while its competitor DraftKings came in second with just more than $7.3 million in profits. These two books control 78% of their New Jersey sports gambling market.
Broken down by mobile vs. retail, the numbers show just how important statewide Internet-based wagering is to countries that want to legalize sports wagering. In New Jersey, three months of March Madness activity resulted in massive standing-room-only audiences at physical sportsbooks through the state, which have been pushed beyond capacity for much of the month. However, $298,282,154 was wagered online by patrons that could not make it to a proper gaming place. This is fully 80% of all wagers placed in the state. To put it differently, at maximum capability during a favorite tournament, neighborhood novels only processed 20 percent of all wagers made by NJ residents. For any nation that wishes to maximize its own sports wagering taxation revenue, New Jersey is Exhibit A reason cellular should be an absolute priority.
New Jersey Sports Betting Sites There are two sorts of New Jersey sports betting sites: those that are and aren’t regulated by the state authorities. The state-regulated sites require you to sing up on site, but after that, you can bet from any place in the country. But, 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 websites are the offshore choices. These websites are operated overseas in locations like Costa Rica where online sports gambling has been allowed for decades. Such sites offer betting lines on all of your favourite sports, ensuring that you can wager on the New Jersey Devils and other teams. The action is exactly the same that you would see in a Vegas sportsbook, with the best odds and gambling options like moneylines, totals, point spreads, and parlays. Better still, you aren’t geo-fenced at these books, and you can also bet on NJ college athletics, which is not allowed in state-sanctioned websites.
Joining an overseas sports gaming website in NJ is simple to do: Just find a sportsbook that suits your needs and sign up. It’s that easy. Accounts take less than 5 minutes to create, and membership is always free. There are many online sportsbooks that take residents out of NJ and all over the US, and each of the top brands are 100% safe, safe, and legal to use.
New Jersey Sports Betting And Gambling Laws
New Jersey sports gambling and gaming legislation have become a national talking point and hot-button political issue over the last several years in the push to establish lawful New Jersey sports betting. Initially, all gambling was legal in the state, but in 1894, all gaming was prohibited. Back in 1939, horse racing gambling (pari-mutuel betting) was re-legalized, and shortly thereafter, most charitable gaming (bingo, pull-tabs, raffles) was also accepted.
The state lottery has been legalized in 1970 with broad public support, also in 1975, NJ made history by introducing the Pick-It, that was the first lottery system in America that enabled players to select their own numbers. In 1976, New Jersey voters approved a referendum enabling casino gaming to be made lawful in the country, provided each the places would be found at Atlantic City.
In 2011, online casino gambling launched in New Jersey, and one year later, then-governor Chris Christie signed voter-approved legislation legalizing sports betting from the nation. The legal struggles by different sports leagues (such as the NFL, NBA, MLB, NHL, and NCAA) dragged on for a further six years, resulting in the landmark SCOTUS ruling declaring PASPA unconstitutional and null and void.
More recently, Assembly Bill 4111 has been passed and signed into law, refining the legal structure and regulatory criteria of New Jersey’s new sports gambling industry. The legislation sets the minimum age to wager on sports at 21, makes it illegal to wager on NCAA competitions held within the state of NJ, makes it illegal to wager on NJ collegiate teams no matter where they play, and wagering on eSports is also contrary to the law. What’s more, the legislation mandates that an 8.5% taxation rate on bodily sportsbook revenue and a 13% taxation rate on Internet-based sportsbook earnings.
What Teams Can I Bet On?
New Jersey’s close proximity to the Empire State puts it in a unique position when it comes to the teams that residents bet on. The country is a bit of a mixed bag, with all the groups which sport fans root for determined by which side of the country they live. By Way of Example, in South Jersey, the majority of sports fans root 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 an NHL team and one by the MLS. At sportsbooks, you’ll find betting odds on nearly every professional and collegiate team which you could imagine (although NJ-based teams can only be wagered on via offshore places due to state law). Here are the most Well-known teams which NJ residents bet on:
Popular Pro + 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 gambling in New Jersey was banned in 1894 and legalized formally in 1939. But during the ban, betting the ponies was extremely well known in the nation. The first horse race track has been Freehold Raceway (that is actually the first commercial horse racing track at US history, having first opened its doors in the 1830s), and there are now a total of three tracks where patrons could bet on the horses. The country also includes a few of OTB gaming places where you could enjoy food, beverage, and plenty of races.
New Jersey residents may also use online racebooks if not spending the day at the races. You will get excellent horse gambling odds, horse racing results, and live streams to help keep you up on all of the actions at any leading offshore sportsbook service. Mobile racebooks make placing straight or exotic horse bets even more convenient, providing instant access to major tracks from the palm of your hands via cutting-edge mobile betting. These horse racing gambling sites give you the maximum flexibility when betting on the Sport of Kings.
Daily Fantasy Sports In New Jersey
New Jersey was not the first state to regulate daily fantasy sports, but they’ve become leaders using their innovative DFS solutions. The state launched FastPick, a parlay-style daily dream sports stage. The product made Resorts AC the very first casino outside of NV and CO to partner with a DFS platform. FastPick is different because participants are playing against the house as opposed to other users. Before PASPA was overturned, this was the nearest you could get to authorized New Jersey sports gambling.
The NJ Legislature passed a fantasy sports bill to regulate DFS in the nation. The bill, A 3532, states that players must be 18 years old and requires certain customer protections. Contests are permitted on both the collegiate and professional sports.

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