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Sports Betting

10 Things You Need to Know About New Jersey Sports Betting, NJ Online Sports Betting

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No Postseason Necessary: NJ Pushes To Revise Amendment, Allow Betting On All NCAA Games

The legalization of sports betting is sweeping the nation, after the Supreme Court made it the state’s responsibility to determine legality for themselves. The state of New Jersey (NJ) has been early adopters of sports betting, allowing everyone within its state lines to put money down on the big game. Here is everything you need to know about New Jersey sports betting, including a list of NJ sportsbook apps, promo codes, bricks and mortar casinos and how to make online sports bets in NJ.

New Jersey has truly been at the forefront in the battle to legalize sports betting in the United States.  As far back as 2009, New Jersey took the initiative to pass sports betting legislation, however, the professional sports leagues quickly filed an injunction in an effort to derail New Jersey’s aspirations.  After many years in limbo and various court battles, the United States Supreme Court decided to hear the case, and on May 14, 2018, ruled in favor of New Jersey, striking down the Professional and Amateur Sports Protection Act (“PASPA”).  This ruling allows each individual state the right to legalize sports betting and New Jersey quickly pounced.

Because of their dedication to bring legal gambling options to the state, there are a ton of NJ sports betting options already available for locals in the state or visitors to its many casinos in Atlantic City and elsewhere. Not only is NJ sports betting legal, it’s easily accessible in a way many states across the United States won’t be.

Many people still have questions about New Jersey sports betting and it can be daunting to get started with the emergence of so many legal betting options. So here are all of the things you need to know to get started if you want to leverage some of the information we provide here at Awesemo.com or if you just want some skin in the game with nightly wagers, prop bets, or futures bets that many NJ sports betting outlets offer.

Table of Contents

1) Is New Jersey Sports Betting Legal?

Yes! New Jersey won its case in front of the United States Supreme Court, and the Garden State’s governor Phil Murphy signed the sports betting bill A 4111 into law on June 11, 2018 and the state began to take its first legal bets a few days later.

2) Can I Currently Online Sports Bet In New Jersey?

Yes! Although some states require in-person attendance for their sports bets, there are over a dozen legal sportsbooks who offer NJ sports betting as long as you’re within the state lines.  There are DraftKings Sportsbook promo codes, FanDuel Sportsbook promo codes, PointsBet promo codes, SugarHouse promo codes and William Hill promo codes for those out there who want to reap the benefits from the growing industry’s attempts to bring in new users while not deviating from their favorite daily fantasy sports provider.

Register Here for a $250 Instant Deposit Match

There are over a dozen online books you can use within the state of New Jersey, and there are no in-person registrations, like other states. Each property is allowed up to three individually branded sportsbooks.

There are many online sportsbooks available to bettors who are in New Jersey:

  • DraftKings
  • FanDuel
  • William Hill
  • SugarHouse
  • Caesars
  • PointsBet
  • BetMGM
  • bet365
  • BetStars
  • Golden Nugget
  • Resorts
  • 888 Sportsbook
  • BetAmerica

3) What Promo Codes / Deposit Bonuses are available for me and How Can I Use Them?

DraftKings Sportsbook

DraftKings is not only one of the premier companies to provide an outlet for legal NJ sports betting, they also offer a great DraftKings sportsbook promo code.  Make sure to check out DraftKings latest offer: a Deposit Bonus up to $1,000 for new users.

JOIN HERE

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) (IL). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO), 1-800-BETS OFF (IA), 1-888-532-3500 (VA) or call/text TN REDLINE 1-800-889-9789 (TN). 21+. NJ/PA/WV/IA/IN/CO/IL/TN/MI/VA only. Min. $5 deposit required. Deposit bonus requires 25x play-thru. Deposit bonus issued as site credits. Eligibility restrictions apply. See draftkings.com/sportsbook for details.

PointsBet Sportsbook

A newcomer to the New Jersey sports betting scene, PointsBet has quickly emerged as one of the favorite platforms among sports bettors.  Make sure to check out the PointsBet sportsbook promo code below.

PointsBet Offer: 2 Risk Free Bets Up To $1,500 (1 Fixed Odds Risk Free Bet up to $500 and 1 Risk Free PointsBet up to $1,000). 

FanDuel Sportsbook

FanDuel also offers legal NJ sports betting and their own FanDuel Sportsbook promo codes to entice new users and compete in the crowded marketplace. The FanDuel Sportsbook promo code is about as good as it gets in terms of bonuses for a new bettor in the world of NJ sports betting.

Risk Free Bet up to $500

William Hill Sportsbook

Known for running Las Vegas sportsbooks, William Hill has a large presence in the New Jersey legal sports betting landscape as well.  Take advantage of the William Hill sportsbook promo code.

$500 Free Bet When you Deposit $250

SugarHouse Sportsbook

Another big player in the New Jersey sports betting scene is SugarHouse.  The SugarHouse sportsbook promo code is one of the best out there.

Check out today's FREE DFS tool of the day

SugarHouse Offer: 100% Deposit Match Up To $250

Despite the rapid growth of NJ sports betting, a competitive marketplace means generous bonuses for many of NJ’s sportsbooks. With the amount of NJ sports betting promo codes out there, the wide open marketplace and competition for new users benefits the people willing to try different places in an attempt to build their bankroll. Stay tuned for in-depth reviews of each site.

BetMGM

BetMGM Offer: 100% Deposit Match offer on first deposit up to $500.

Bet365

Bet365 Offer: Up to $100 in Bet Credits

4) What Online Sports Betting Apps are Available in NJ?

There are many online sportsbooks available to bettors who are in New Jersey:

  • DraftKings
  • FanDuel
  • William Hill
  • SugarHouse
  • Caesars
  • PointsBet
  • BetMGM
  • bet365
  • BetStars
  • Golden Nugget
  • Resorts
  • 888 Sportsbook
  • BetAmerica

5) Where Can I Bet on Sports in Person in New Jersey?

The famous Atlantic City casinos all provide live sportsbook options to fill the human contact some people want out of their NJ sports betting experience. Ocean Resort’s clean and plentiful screens are a favorite for many people looking to pop into a NJ casino for their bets, Resorts is a convenient location for anyone staying on the famous Atlantic City boardwalk who wants some in person NJ sports betting action, and Bally’s has a couch-forward approach with comfy seating and all of the bells and whistles one expects from a sportsbook.

The aforementioned racetracks like Monmouth Park and Meadowlands Racetrack, and Freehold Raceway also offer their own in-person sportsbook options without as many of the expected trappings of the casinos.

New Jersey features a number of where you can go and bet on sports. The following is list of physical casinos you can visit in New Jersey:

  • Monmouth Park (William Hill)
  • Ocean Resorts Casino Hotel (William Hill)
  • Borgata Casino (BetMGM)
  • Resorts AC Casino Hotel (DraftKings)
  • Meadowlands (FanDuel)
  • Bally’s Casino (Wild Wild West)
  • Harrah’s Casino AC
  • Golden Nugget AC

6) How Do I Make Deposits and Withdrawals for Online Sports Betting in NJ?

As the state leading the charge of legalizing sports betting, New Jersey makes beginning process of mobile sports betting easy, with convenient ways to deposit and withdraw money. The following are common methods to deposit or withdraw money for sports betting in New Jersey:

  • Debit/Credit Card
  • ACH (Online Banking)
  • PayPal
  • Prepaid Sportsbook Cards
  • PayNearMe
  • Cash at the Cage
  • Check

7) What are the Most Common Types of Sports Bets Can I Make in New Jersey?

Straight bet

This is the most common bet type and it is just a straight up single bet on a game. A point spread is determined by the oddsmakers with one team being favored by a certain amount of points. Let’s take a look at an example line below to give a clear indication of what a straight bet would be:

Boston Celtics -6.5 (-110), moneyline -320

at Cleveland Cavaliers +6.5 (-110), moneyline +260

O/U 206

The Celtics are favored by 6.5 points in this example. This means that if you bet the Cavaliers, you are getting 6.5 points, so if the Cavaliers win the game, or lose by fewer than seven points, you will win the bet because of your 6.5-point cushion. On the other side, when you are laying 6.5 points as the favorite, you would need the Celtics to win by seven or more to win the bet.

Final Score: Celtics 102 Cavaliers 98. Cavaliers would cover even though the Celtics won the game because the +6.5 point spread is enough to cover a four-point defeat.

Moneyline Bet

The moneyline is a bet where there is no spread; you are just picking the winner of the game. In the example above, the Cavaliers ML is +260, which means that for every $100 wagered, you win $260 if the Cavaliers win the game outright. They receive the plus side of the moneyline since they are the underdog and picking them rewards you with nice odds since they are projected to likely lose the game. On the flip side, if you bet the Celtics ML at -320, you have to bet $320 to win $100. They are the favorites so if you decide to bet the moneyline instead of the point spread, you are forced to bet additional money to win $100.

In the example above, the Celtics ML would be the winner as they won the game outright. The spread is irrelevant for a moneyline wager.

Over/Under

This is a straight bet wagering on how many total combined points will be scored in a game by both teams. For example, an NBA game may have an over/under of 210 points, which means that the oddsmakers are projecting a combined points total of 210 between the two teams. If you think the teams are going to score more than 210 points total, you bet the over, and conversely, if you think it’s going to be a defensive struggle, you can bet the under hoping that the total points scored equals 209 points or less.

Parlay

A parlay is a bet where you combine multiple bets into one bet and you get increased odds because you only win your parlay wager if all of your bets win. If you do a three-team parlay, you select three different teams from three different games and if you win all three of the bets you hit your parlay for longshot odds (6-1 so $100 to win $600). Going 0/3, 1/3, or 2/3 is all the same and you lose the parlay bet. It’s all or nothing which makes them tough to hit and is more of a home run type bet than a regular straight bet since there’s a chance for a big payoff.

8) Where’s a Good Place to Start Learning How to Online Sports Bet?

Update coming shortly.

9) What are the Most Popular Sports Teams to Bet on in New Jersey?

New Jersey has six major professional sports teams in the state, though only one team identifies as being from the state. The following are professional sports teams that play their home games in New Jersey:

  • New York Giants
  • New York Jets
  • New Jersey Devils
  • Metropolitan Riveters
  • Sky Blue FC
  • New York Red Bulls

However, due to the state’s proximity to New York, NY and Philadelphia, PA, there are many other popular professional sports teams nearby to bet on:

  • Philadelphia Eagles
  • Philadelphia 76ers
  • Philadelphia Phillies
  • Philadelphia Flyers
  • Philadelphia Union
  • New York Mets
  • New York Yankees
  • Brooklyn Nets
  • New York Knicks
  • New York Liberty
  • New York Islanders
  • New York Rangers
  • New York City FC

Aside from professional sports, New Jersey also has a few poplar college sports teams to bet in within the state, including Princeton, Seton Hall and Rutgers.

10) Is There Anything Else to Know About NJ Sports Betting?

Now that you know New Jersey sports betting is legal and you know where you can go to place bets, all that’s left to do is get started! If you are looking for more information about sports betting overall, you can use the sports betting resources we provide here at Awesemo!

If you have an issue with betting or a gambling problem, please contact 1-800-GAMBLER to speak with someone right now and get help.

What kind of revenue is New Jersey generating?

As you can see, the above table displays the sports betting revenue in New Jersey since the start of 2019, which is roughly seven months after it became legal in the state. Sports betting resulted in $299,326,239 of revenue in New Jersey in 2019.

The top three months were September through November, averaging $39,057,486. These three months coincide with the NFL season.

 Jan 2019Feb 2019Mar 2019Apr 2019May 2019June 2019July 2019Aug 2019Sept 2019Oct 2019Nov 2019Dec 2019Jan 2020Feb 2020Mar 2020
Handle$385,279,662$320,368,087$372,451,342$313,719,562$318,940,677$273,222,975$251,371,272$293,594,862$445,563,503$487,924,504$562,675,543$557,786,161$540,113,452$494,813,807$181,908,529
Revenue$18,777,582$12,732,740$31,669,387$21,215,747$15,536,384$9,701,925$17,884,790$25,210,342$37,883,375$46,393,537$32,895,546$29,424,884$53,561,626$17,000,928$13,181,101
Hold4.9%4.0%8.5%6.8%4.9%3.6%7.1%8.6%8.5%9.5%5.9%5.3%9.9%3.4%7.2%
Taxes$2,532,619$1,817,553$4,180,051$2,817,206$2,135,704$1,258,541$2,367,745$3,327,589$5,017,875$5,662,148$4,460,461$4,016,635$7,328,175$2,377,923$1,732,276

The Monmouth Park Racetrack was the state’s first to offer legal New Jersey sports betting to the region’s many gambling happy inhabitants and visitors. Although the state’s other major racetracks at the Meadowlands and Freehold Raceway also offer legal betting options now, Monmouth Park will forever hold onto the crown as the first to officially offer NJ sports betting.

New Jersey Sports Betting FAQs

  1. Is Sports Betting Legal in State?
  2. How Can I bet in state?
  3. Will State have Online Sports Betting?
  4. How Do I Open an Account?
  5. How Do I Deposit and Withdraw?
  6. Do I have to be in state to place a bet?
  7. What Games Can I bet on?
  8. What Companies Will be Offering Sports Betting?
  9. What Kind of Taxes Do I have to Pay?
  10. How Old Do I have to Be to Bet in State?
  11. What are the Betting Limits?
  12. Where Do I go if I have a problem?
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