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Sports betting in New Jersey

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Gambling was legalized in New Jersey in 2018, since then, players have more and more online betting sites and bookmakers for personal bets in New Jersey. The number of players continues to increase, and companies are introducing improved online betting applications.

History of sports betting in New Jersey

The long road to the legalization of sports betting in New Jersey began in 2011 with a referendum of voters. But the subsequent 2012 law went through nearly a decade of federal lawsuits and appeals before finally coming before the U.S. Supreme Court in December 2017. It was about the Professional and Amateur Sports Protection Act, or PASPA, which restricted sports betting in other states. After PASPA was declared unconstitutional in 2018, betting in New Jersey began to develop actively.

Since 2018, the legal sports betting industry in New Jersey has been actively developing. Turning to history, we can see how betting gained popularity, grew and developed in New Jersey.

2018: In accordance with the SCOTUS resolution, the updated sports betting bill in the state of New Jersey has entered into force. The first retail betting shops opened in June, and in August online platforms and mobile applications began to appear.

2019: In the last three months of 2018, the volume of sports betting in New Jersey exceeded $ 250 million. The state also reached the mark for every month of 2019 and continued its steady growth, ending the year with revenue of more than $500 million in November and December. During this time, New Jersey surpassed Nevada in total monthly turnover.

2020: Annual revenue from sports betting has plummeted, caused by the coronavirus pandemic. The players resumed betting when the sports calendar began to fill up and remained stable throughout the year, culminating in excellent figures of the football season.

2021: Excluding the slower months of July and August, New Jersey's monthly sports betting volume was at least $740 million per month during the first three quarters. In September, the state received its first billion dollars a month, and a month later broke its own record. In November, New Jersey voters rejected an expansion of college sports betting to include schools and events in the state, with nearly 57% of voters opposed. The state is facing an unknown element of competition due to the expected launch of online bookmakers in New York.

Types of sports betting in New Jersey

Line bets: A bet on a team winning the game based on the money line odds set by the New Jersey State Bookmaker.

Express Bet: Instead of betting on one game, an express bet is a bet on two games or more. All selected events must win in order for the express to bring a win. The more teams participate in the express, the higher the coefficient and the winnings.

Long-term: a bet on a team or player, the results of which will be determined later. Examples of long-term bets are bets on a team winning the championship.

Handicaps: Teaser bets allow the player to adjust the distribution of points in a given game in exchange for a reduction in odds. The bet is usually made in the express format.

More/Less: A bet that the final score will be more or less than the sum of points/goals of both teams in a particular game.

System: A less risky bet than a bet, because it is not necessary that all outcomes are winning. In a round-robin system, a player creates three different express trains for two teams and gets a win if one of the express trains wins. Circular bets offer less risk and less reward than traditional ones.

Live bets: Bets are placed after the start of the game. A wide range of betting options can be offered, from adjusted point allocation to real-time betting. New Jersey online bookmakers use computer algorithms to set live betting odds, and the action happens quickly.

New Jersey Sports Betting Law and Regulations

Legalizing sports betting in New Jersey has been a complicated process. The state made attempts to legalize betting, but failed, which led to years of legal disputes. This reached a climax in May 2018, when the case was referred to the US Supreme Court. The judges ruled in favor of the state.

As soon as sports betting was given the green light, everything went faster. In June 2018, an updated New Jersey Sports Betting Bill was signed. The law allows casinos and racetracks in the state to open retail betting shops. Within a few days, the first bet was made.

The law also allows online sports betting sites, provided they have a ground partner. Each of the casinos and racetracks can have up to three online skins operating under their license. Since August 2018, online platforms and mobile betting applications have started to appear.

In terms of costs and taxation, the main points of legislation include:

• Licenses for casinos and racetracks (the cost when issued is $ 100,000).

• Online gambling licenses (cost $400,000 plus an additional $250,000 for responsible gaming fees).

• Casinos pay 8.5% taxes for land-based bets and 13% for electronic bets.

• Race tracks are paid at the same rate plus an additional 1.25% for bets placed online.

• All sports betting is subject to federal taxes of 0.25%.

Popular sports for betting in New Jersey

Located between two large agglomerations of New York and Philadelphia, sports fans in New Jersey have something to cheer for. The main professional sports are represented in the best bookmakers, and New Jersey teams arouse great interest in betting.

NFL: New York Giants, New York Jets, Philadelphia Eagles

NBA: Brooklyn Nets, New York Knicks, Philadelphia 76ers.

MLB: New York Mets, New York Yankees, Philadelphia Phillies

NHL: New Jersey Devils, New York Islanders, New York Rangers, Philadelphia Flyers

The aforementioned four sports are very popular, but there are also many other sports that you can bet on. College football and basketball are popular options, despite restrictions on betting on teams and events in the state.

Football fans can choose any league around the world, as well as from MLS and its regional franchises. As for individual sports, golf, tennis, Nascar, UFC and boxing are the most popular.

Technically, bets should be limited to real sports events. Betting on elections in the United States is prohibited, but in the past, bets on the Oscar and Emmy Awards were allowed.

What sports leagues can I bet on in New Jersey?

You can bet on almost every league you can imagine. This number includes:

• Football (NFL, CFL, NCAA)

• Baseball (MLB)

• Basketball (NBA, WNBA, NCAA, Euroleague)

• Hockey (NHL)

• Soccer (MLS, English Premier League, English Championship League, others)

• Golf (PGA Tour, LPGA Tour, others)

• Tennis (ATP, WTA)

• Auto Racing (NASCAR, Formula 1, others)

• Boxing

• Mixed Martial Arts (UFC)

Types of bonuses and promotions offered by bookmakers in New Jersey

With so many online betting apps in New Jersey, there are plenty of competitors for the sports betting business. Almost all online bookmakers in New Jersey offer bonuses or promotions, especially for new customers. Some offers have time limits, others may change daily.

First Deposit Bonus: When a customer registers an account and makes his first deposit, the bonus corresponds to the full or partial amount of the deposit. Often the bonus amount must be wagered within a certain time. Some New Jersey bookmakers may also offer rebooting bonuses for existing accounts, although not 100 percent.

Risk-free bet: after registration, the player must make the first bet, and the New Jersey bookmaker will return the bet amount to the account in case of loss.

Free Bet: A cash bonus that can be wagered on, often with the requirement that the player wager a certain amount to redeem the bonus or place a bet within a certain period of time.

Coefficient increase: offered by individual bookmakers. For example, if the New Jersey Devils are listed with a +200 coefficient in a game against the New York Islanders, the site can increase the coefficient to +250 for players betting on the New Jersey Devils.

Express insurance: An increasingly popular offer in which a player's bet on express is refunded if all but one of the selected teams wins. Usually an express of at least four selections is required, and as a rule, teams that are big favorites (-200 or more) are excluded.

Loyalty program. Most online bookmakers offer reward programs. As a rule, the more a player bets, the greater the reward in the form of cash, points, hotel accommodation or other prizes.

Loyalty program. Most online bookmakers offer reward programs. As a rule, the more a player bets, the greater the reward in the form of cash, points, hotel accommodation or other prizes.

How to register in the online bookmaker NJ

1. Creating an account is a simple process. First, you should choose an online bookmaker in the state of New Jersey and download the mobile betting app.

2. The next step is registration. The player must provide the name, date of birth, address, email address, phone number and the last four digits of the social security number, which is necessary to confirm that you are at least 21 years old — the minimum age for betting in New Jersey. All New Jersey bookmakers use geolocation technology to determine the location of players. There are no requirements for the residence of users, but all players must be in the state of New Jersey to make a bet.

3. After creating an account, you need to choose the method of replenishment of the account. After depositing funds, you can place bets.

If a player has any problems with registration or questions, New Jersey online bookmakers will offer to contact customer support via toll-free number, email or live chat.

New Jersey is one of the most famous gambling destinations in the world. Most gambling is legal here, so daily fantasy sports (DFS) have quickly gained popularity.


Daily Fantasy Sports in New Jersey

In 2017, New Jersey became the 16th U.S. state to officially legalize daily fantasy sports betting. This did not come as a surprise to many, as New Jersey's particularly friendly attitude to gambling extends to activities that, according to many, do not have all the basic attributes of gambling, DFS is a game of skill, unlike a game of luck.

New Jersey was the first to extend DFS laws to allow betting on college football leagues. This is certainly consistent with the state's reputation for being open to gambling. The current law states that DFS operators must apply for permission through the Consumer Affairs Department. They also have to pay a tax of 10.5% of the state's gross income and must host a server in the Atlantic City gambling Center.

Currently, negotiations are underway in the government that some lawmakers want to introduce a commission for operators depending on their income, which some consider potentially dangerous for smaller operators, but this will not stop large DFS operators.


How to deposit and withdraw funds in New Jersey online bookmakers

Play+: A virtual prepaid card that can be topped up online for instant deposits. It was created specifically for this function and provides an effective way to deposit and withdraw funds during an online game. Most online bookmakers in the state of New Jersey allow players to apply on the account page. You can also top up Play+ with a credit card or bank account.

PayPal: The most popular e-wallet allows you to transfer funds from your PayPal account to the account of an online bookmaker in New Jersey. Setting up a PayPal account is simple and can be funded with a credit/debit card.

Debit/Credit cards: Almost all New Jersey online bookmakers say they accept debit and credit cards, such as Visa and MasterCard, to top up the account, but this method is not always successful. Some banks and financial institutions incorrectly define these payment methods. When they work, debit cards transfer funds immediately. Credit cards also transfer funds instantly and require payment later, but often with a commission, since many credit card companies treat this transaction as a cash advance.

Cash: To top up your account in cash, you need to visit the cash desk at the land-based casino, which is a partner of the online site in New Jersey. You can also top up your casino account with a credit/debit card or a personal check with a proper identification.

Bank Transfer/ACH: Equivalent to an instant electronic check. This allows the online betting shop of the state of New Jersey to establish a direct connection with the player's current account. This method is widespread.

E-wallets: Online accounts make it easy to make deposits to online bookmakers in New Jersey. There are several e-wallet options available, the most popular of which is PayPal.

PayNearMe: replenishment of the gaming account without the need for a bank account. Players can top up their account with cash or credit card at New Jersey 7-Elevens, CVS pharmacies and Family Dollar stores.

Prepaid Casino Card: Most New Jersey online bookmakers have their own prepaid cards that can be topped up with credit cards or checking accounts. Successful transactions on prepaid cards are processed instantly.

Neteller: another e-wallet option. The player needs to create a Neteller account and top it up with a credit card.

New Jersey bookmakers try to simplify the deposit and withdrawal of funds from the account as much as possible, but not all have the same opportunities.

Withdrawal of funds is available in various ways, depending on how quickly the client wants to receive his funds. The fastest ways to withdraw funds are cash at the casino, prepaid casino cards and PayPal, which make funds available almost immediately. Withdrawal of funds via ACH/e-check may take from 1 to 5 days or more. Also, many online bookmakers in New Jersey send checks to customers by mail.

Some New Jersey online bookmakers require confirmation (for example, a driver's license) before processing withdrawal requests. Some do not process withdrawals back to credit/debit cards.

Regardless of which withdrawal method is chosen, the funds of players of New Jersey online bookmakers are safe as long as players make bets on a site licensed by the State Gambling Control Authority.


Features of sports betting sites in New Jersey

Players who register on the best sports betting sites in New Jersey can count on several useful betting features. Among them:

Intuitive user interface. Part of what makes New Jersey's top-rated bookmakers and apps popular is the ease with which players can navigate them. The best sports betting sites in New Jersey are designed to be customer-friendly, allowing players to quickly find the sports and games they want to bet on. The best sports betting apps in New Jersey offer an easy-to-use betting coupon and provide a user-friendly and intuitive mobile interface.

The list of bids. Search and provide the best bets and odds for games. Those who place bets in New Jersey bookmakers have an advantage: the competitive market allows players to choose the best bookmakers and compare odds from a large number of operators. While most online sports betting sites in New Jersey host similar betting lines, others tend to offer more competitive odds.

Real-time betting and/or live broadcasts. Some bookmakers in New Jersey offer an incredible amount of real-time betting opportunities (bets placed during the game) and provide a live broadcast so that players can follow what is happening. In—game betting is available in several forms — adjusted point spreads, totals, money lines, additional bets, etc. - and it is one of the fastest growing segments of the sports betting industry.

Excellent customer service. Customer service is the category in which betting sites in New Jersey stand out. Questions or problems related to bets or bonus offers should be resolved immediately by email or live chat. Deposits and withdrawals must be timely, hassle-free and secure.

How to Choose the Best sports betting sites in New Jersey

Among the factors to consider when choosing a bookmaker in New Jersey:

Bonus Offers: Almost every online bookmaker in New Jersey offers bonuses and promotions, especially for new customers. These can be welcome bonuses, free bets or a deposit up to a certain amount — sometimes up to $ 500 or more.

Safety: It is worth choosing only online sports betting sites in New Jersey licensed by the State Gambling Control Authority. Betting at a licensed New Jersey bookmaker makes the account and balance secure.

Ease of Use, Software: Sports betting players have many New Jersey sports betting apps, but none are the same. Everyone has their own software, layout and graphics. It is better to check several sites to determine which one is most convenient.

Payment flexibility: All licensed bookmakers in New Jersey try to simplify the opening and replenishment of a player's account as much as possible. Most of them offer various options for adding funds to your account. The output methods are generally similar, but differ depending on the site.

Odds and betting options: Odds vary from site to site depending on the action of the bets. The types of bets also vary: some sites offer a wider selection of in-game betting options (real-time betting) and betting offers.


Advantages of online betting in New Jersey

When it comes to online sports betting on websites, players will get a wide range of benefits by choosing a reliable and reputable betting site in New Jersey:

Convenience. One of the big advantages is convenience. On the best sports betting sites, you can access the site at any time and place bets 24 hours a day. All this can be done without leaving home or using a mobile device.

The choice of markets. Another big advantage is market coverage. On any online sports betting site, there is an opportunity to bet on sports that take place in the USA as well as around the world, and most sites have excellent odds. Many types of bets are supported, and players can enjoy endless hours of betting and get big payouts.

More bonuses and promotions. Offering site bonuses is another significant advantage. When betting in land-based bookmakers, there are rarely special offers. On the online site, players will have many types of bonuses and promotions that can be used. They can represent free funds in the account and even free bets, so there are more opportunities for bets and winnings.


Online Sports betting Rules in New Jersey that You should Know about

When registering with an online bookmaker, you should make sure that you know everything about the rules of sports betting in the state of New Jersey.

1. A player must be over 21 years old to legally gamble in the state of New Jersey. In addition, if when making a bet online, even using the app, you need to be within the borders of the state of New Jersey.

2. Players betting on sports in New Jersey will not be able to bet on college teams from New Jersey. They will also not be able to place bets on college games that take place in New Jersey. Also, you can not bet on school games.

There are not many general rules that players who bet on sports in New Jersey should adhere to. Rules and restrictions vary depending on the bookmaker and circumstances.


Summing Up

Legal online sports betting in New Jersey gives players access to real bookmakers at any time as long as they are within the borders of the state of New Jersey. Convenience is a huge plus, as is the security that all legal operators must adhere to. The Gambling Control Department of the State of New Jersey closely monitors all elements of licensed bookmakers. The players' funds are protected, and in case of disputes there is a place to turn.

A competitive market is also a big plus for players. Legal bookmakers are fighting for position, they constantly offer bonuses for both new and existing players. As an added bonus, many operators also have a corresponding or integrated website that offers other forms of gaming, such as online casinos and poker. Online casinos in New Jersey invariably generate more revenue than their counterparts in bookmakers.

Legal New Jersey bookmakers are the gold standard in the USA. The market has grown since its launch in June 2018. There are about two dozen sports betting apps available in the state, many of which offer welcome bonuses for new players, increased odds and free bets. Sports betting in New Jersey is the most mature market in the United States and one of the most competitive