With sports betting in New Jersey now completely legal, regulated (by the NJ Division of Gaming Enforcement) and taxed, sports wagering in the state is a large market. We believe nearly every casino and racetrack in the state will eventually offer sports betting, and there will be at least 20 NJ online sportsbooks by the end 2019.

New Jersey currently has eleven online sportsbooks, with more on the way soon. The Draftkings Sportsbook was the first online sports betting operator to launch, doing so on August 6 following a brief soft launch period.

Under the New Jersey sports betting bill, casinos and racetracks are allowed to form three partnerships each, with the caveat that they must first have a physical sportsbook. All potential partners must apply and receive their supplier licenses from the aforementioned NJ Division of Gaming Enforcement. Here’s a link you can use to track and monitor which NJ online sportsbooks are authorized by the state.

It’s a great time to be a fan and NJ sports bettor. New Jersey has gone from a place without sports wagering, to perhaps the home of sports betting in the United States. In short order, sports bettors will have many options for placing sports bets in New Jersey.

Watch this space for more New Jersey sports betting content from RotoGrinders, including info and updates on the best NJ online sportsbook bonuses, promo codes and free bets!

New Jersey Sports Betting Legislative Landscape

You can get a full glimpse of the state of the sports betting legislative landscape of New Jersey by reading the state’s sports betting regulations here.

What follows is a brief snapshot of New Jersey’s legislative landscape as it pertains to sports betting:

  • Sports betting is fully legalized and regulated in New Jersey casinos and racetracks
  • Mobile and digital wagering was also legalized and regulated, but 30 days after the live betting launch
  • Wagers are accepted on all professional sports, and most college sporting events
  • Required licenses (and associated fees) for offering sports betting in New Jersey:
  • Casino license – $200K or more
  • Casino Control Fund Retainer – $250K
  • Sports wagering license – $100K
  • Internet gambling permit – $400K or more, with a renewal fee of at least $250K
  • Responsible Gaming Fee – $250K
  • Tax rates for NJ sports betting as per the regulations:
  • Casinos – 8.5% for in-person, 13% for online
  • Racetracks – 8.5% for in-person, 14.25% for online

NJ Online and Mobile Sportsbooks

Site/App Casino/Racetrack Partner(s) Sports Betting Service Provider Launch Date
888 Sport Caesars Kambi September 10, 2018
Bally’s Bally’s AC Scientific Games TBD
bet365 Hard Rock AC bet365 Summer 2019
BetStars Resorts AC SBTech September 13, 2018
Caesars Caesars AC Scientific Games September 6, 2018
Churchill Downs Golden Nugget AC SBTech TBD
DraftKings Resorts AC Kambi August 6, 2018
FanDuel Meadowlands FanDuel Group September 1, 2018
Harrah’s Harrah’s AC Scientific Games TBD
Kindred Group Hard Rock AC Kindred Group January 27, 2019
PlayMGM Borgata AC IGT August 22, 2018
SugarHouse Monmouth Park Kambi August 23, 2018
William Hill Monmouth Park William Hill September 1, 2018

New Jersey’s Sports Betting History

To get the full picture of sports betting in New Jersey, we have to go back to 1992 and the Professional and Amateur Sports Protection Act, better known as PASPA. The act essentially outlawed sports betting in the United States – except for Nevada, which was grandfathered in.

When Congress voted PASPA into law, they offered states that operated casinos a one-year window during which they could pass legislation to allow sports betting. In a move that’s been lamented for over two decades, New Jersey lawmakers failed to take advantage of the carve out.

Fast forward 17 years to 2009, when Senator Ray Lesniak gained support for a plan to challenge the constitutionality of PASPA. Lesniak posited that New Jersey was losing more than $100 million worth of tax revenue to illegal offshore wagers made by Americans.

In 2011, a constitutional amendment that would allow sports betting in New Jersey, both in-person and online, was approved by 64% of voters. Not long after, Lesniak introduced the Sports Wagering Act in an effort to fully legalize NJ sports betting.

2012 saw New Jersey lawmakers pass the Sports Wagering Act, which Gov. Chris Christie signed into law. However, before anything productive happened, the four major professional sports leagues (NFL, MLB, NBA and then NHL) along with the NCAA sued Christie and New Jersey in order to block legalization of sports betting.

In 2013, a judge ruled in favor of the leagues, and PASPA was upheld. An appeal to the Third Circuit yielded the same result, and the Supreme Court of the United States (SCOTUS) refused to even hear the case.

Christie remained persistent, and in 2014, he moved to lift New Jersey’s self-imposed ban on sports betting, claiming that because there would be no regulation by the state, it didn’t violate PASPA. The Governor introduced and signed the bill, and Monmouth Park announced it would open the first New Jersey sportsbook in October, 2016.

The professional sport leagues once again played defense, and New Jersey’s Sports Wagering Act was denied a second time by both the US District Court and Third Circuit Court. This time, though, SCOTUS agreed to hear the case, which was a huge win for New Jersey.

On December 4, 2017, both sides of the case – officially updated to Murphy vs. NCAA – made oral arguments to the Supreme Court. In May 2018, SCOTUSannounced a 6-3 win for Murphy and New Jersey, and PASPA was struck down once and for all.

Nj online sports betting – best online sportsbooks in new jersey of the sports betting legislative

After New Jersey unanimously passed a new sports betting bill and Gov. Phil Murphy signed it into law, NJ sports betting officially went live on June 14, 2018. The Governor officially opened the doors to sports betting in New Jersey by wagering $20 on Germany to win the World Cup, and $20 on the New Jersey Devils to win the 2019 Stanley Cup.

New Jersey Sports Betting FAQs

When did it become legal to bet on sports in New Jersey?

Since June 14, 2018, sports betting has been legal, regulated and taxed in the state of New Jersey. Online sports betting was legal 30 days later, although DraftKings – who was the first operator to offer NJ online sports betting – did not launch until August 2018.

Where can I place a sports bet in New Jersey?

Bets can currently be placed in-person at the following locations:

Nj online sports betting – best online sportsbooks in new jersey for online
  • Borgata (Borgata Race & Sports Bar)
  • Monmouth Park (Monmouth Park Sports Book by William Hill)
  • Ocean Resort (William Hill Sportsbook at Ocean Resort)
  • Meadowlands (FanDuel Sportsbook)
  • Bally’s (Wild Wild West Sportsbook)
  • Harrah’s
  • Resorts (Resorts Sports Book)
  • Golden Nugget (The Sportsbook)
  • Hard Rock Casino
  • Tropicana Atlantic City
  • Caesars Atlantic City

Bets can be placed online at the following sites or apps:

Draftkings Sportsbook – 100% Deposit Match Bet Up To $500

FanDuel Mobile Sportsbook – Up To $100 First Deposit Match Bonus!

BetStars Sports Betting App – Up To $500 in Free Bets

888 Sport – Free $10 and 100% Match Bonus Up To $500

PlaySugarHouse Sportsbook – Up To $250 Deposit Match Bonus

Caesars Online Sportsook

playMGM

William Hill Sportsbook

PointsBet SportsBook- Exclusive $50 Bonus Bet with promo Code GRINDERS plus 2 bets matched up to $1000

Hard Rock Sportsbook

BetAmerica

Nj online sports betting – best online sportsbooks in new jersey and Third Circuit Court

Golden Nugget

Resorts

PointsBet

What sports can I bet on in New Jersey?

Bets can be made on all professional sports. Most college sports are also legal to bet on, with the exclusions being games that involve New Jersey teams and venues (like Rutgers and Seton Hall).

There is one other exclusion that applies to the Golden Nugget specifically. Because the Nugget’s owner, Tilman Fertitta, also owns the Houston Rockets, his casino’s sportsbook is not allowed to take action on NBA games.

What types of bets can I make in New Jersey?

So far, New Jersey sportsbooks are accepting moneyline, point spread, over/under, prop, parlay and future bets. Live betting, sometimes referred to as in-play bets, are also available.

DraftKings’ online sportsbook is also offering a unique new betting option called “Cash Out.” For a 5-8% vig, players can opt out of their bets for smaller wins (or losses) than those of their original wager. We expect to see many more sports betting innovations, especially from the DraftKings Sportsbook team.

Given that both DFS and sports betting are legal in New Jersey, will we see any hybrid games offered in the near future?

Resorts and DraftKings are partners, and Paddy Power Betfair bought FanDuel then immediately aligned with Meadowlands Racetrack for sports betting, so we’re already seeing the two worlds collide.

We believe there will eventually be an influx of innovative and exciting DFS-sports betting hybrid products. In speaking to The Athletic for one of their recent articles (paywall), our very own Cal Spears mused about the kind of crossover contests we could see, and the reasons why DraftKings and FanDuel are the best bets to pull it off:

“Say, on a Sunday, you make 15 different NFL bets, but you make them against 100,000 other people,” Spears said. “Sort of like a parlay, but against others. If you pick the Patriots (as a 7-point favorite), you hit for 1 point, but if you pick their opponent (as a 7-point underdog) you get 7 points. Then add up all the points. That’s a really complicated thing to do, because you have 100,000 concurrent users hitting your server, making teams, hitting your database – but (DraftKings and FanDuel) are already set up to do that. I think they might have an edge running different formats that other people would struggle to justify even writing the first line of code for.”

Resourse: https://rotogrinders.com/sports-betting/

Nj online sports betting – best online sportsbooks in new jersey
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