NJ online sports betting sites and sportsbooks
When the US Supreme Court declared the federal ban on sports betting unconstitutional in May, Monmouth Park made plans to start taking sports bets immediately. In the meantime, Monmouth Park is taking bets. Its sportsbook operates on the following schedule:.
The project was in the final design stages when sports betting launched in New Jersey. Borgata is now accepting wagers starting at 11 a. And alongside its opening was the opening of the William Hill sportsbook.
At the end of May, Ocean Resort struck a deal with William Hill US to build a 7,square-foot sportsbook in the center of the casino floor. For the first six weeks, sports bets were done at a temporary facility near the new space. Just days after the New Jersey Legislature voted to legalize sports betting, Betfair US announced it had made a deal to launch live, online, and mobile sports betting at Meadowlands Racetrack in East Rutherford.
Both casinos will use temporary sportsbooks for the first nine months while permanent facilities are constructed. Along with the sportsbook launches in New Jersey, Caesars also plans to kick things into gear at its Mississippi casinos.
The company runs a successful mobile sports betting app and sportsbooks at a number of its Nevada properties. Expect to see its online sports betting site launch sooner rather than later. Golden Nugget , however, beat Resorts to the punch. The Resorts Sportsbook is open daily from 10 a. The Sportsbook features nine self-service kiosks and four betting windows. Freehold Raceway and owner Penn National Gaming have publicly stated they look forward to taking sports bets at the track and are taking steps behind the scenes to launch sports betting at the facility soon.
Tropicana Atlantic City was one of seven casinos sold to Gaming and Leisure Properties in early Nevada-based Eldorado Resorts is going to manage operations and has a long-standing deal with William Hill US to run its many Nevada sportsbook operations.
However, the law prohibits athletes, coaches, referees, and anybody else who could influence the outcome of a game from making bets. No bets on these teams or any other college games in taking place in the state. The law also prohibits owners and other key members of pro sports leagues and franchises from taking bets on the sports they are involved in. Like sportsbooks in Nevada, New Jersey sportsbooks, online and off, offer a variety of bets that fall under the category of single-game wagering.
Basically, that means gamblers can pick the winner of a specific sporting event and bet on it. Money line bets are the most simple and common single-game wagers. You select a game, pick a team to win that game, and if they come through, you get paid based on the money line odds.
The money line is basically a representation of the odds on a particular team to win. For favorites , a money line is a negative number. For underdogs , a money line is a positive number. Point spreads are set by sportsbooks and reflect how many points a favorite in any particular game is expected to win by. Point spread bets are simply wagers on the favorite to win by that set amount of points or not. The favorite must win by more points than the spread for bets on that favorite to pay.
Bets on the underdog pay when it beats the favorite or loses by fewer points than the spread. The Giants are the favorite, so they would need to win by more than 4. If the score ended up Giants 17 Jets 10, the Giants would cover, having won by more than the 4. All bets on the Giants to cover would pay. However, if the game ended up Giants 17 Jets 16, the Giants would have failed to cover. Only bets on the Jets would pay. The favorite has to cover the point spread to win. If the favorite wins by the point spread exactly, it is considered a push and both sides get their bet back.
Like point spreads, a line is set on the total points that will be scored in a game. Gamblers then bet on whether the actual total will be over or under that particular line. If the final score of the game turned out to be Giants 25 Jets 24, the total score would be 49 and all bets on the under would pay. New Jersey's case to legalize and regulate sports betting has finally come to a close.
His bet would end up being a losing bet but it symbolized a monumental change in New Jersey gambling history. Domestic sportsbooks are currently taking bets in New Jersey but no online sports betting transactions have taken place at this time. New Jersey has enacted online sports betting legislation to let Atlantic City casinos offer online sports betting to NJ residents, but as of this writing, there is still no domestic online sports betting available.
Below are the best legal offshore sports betting options that NJ residents have at this time and are a solid alternative for sports fans in the Garden State. The following online sports betting sites are what we deem to be the best in the industry. They each offer a huge variety of sports, wagering options, and competitive betting lines for New Jersey sports and other sports held in the US or around the world.
Site Name Current Bonus U. Soon after online casino and poker gambling were legalized in NJ, Christie signed NJ State Bill , that allowed legal domestic sports betting. However, all the major professional sports leagues in the United States took offense. Cards must be eligible for both international and online transfers. The alternative method is to use a money transfer service such as Western Union. Western Union is mostly a deposit-only method. Bovada is an exception since they only allow you to withdraw money via a check.
Surprisingly, players have had problems with card deposits even at state-licensed sites due to banks like Bank of America outright declining all gambling transactions. You want a faster cashout. While money transfer services cost more many sites, like Bovada, allow one free check cashout a month , the money is usually delivered to be picked up at a local Western Union location in five days or less.
BetOnline and Bovada are the only major USA sites charging for credit card deposits and most allow one free check cashout per month — some, like True Poker, allow a free check withdrawal every seven days. As mentioned, Delaware, Nevada and New Jersey have legalized and regulated some forms of real-money online gambling.
Delaware started with online poker but has since expanded into casino games as well; Nevada offers online poker games only; New Jersey offers online poker and casino games. As you can see, not a single one of these states offer online sports betting. Licensed sites have to make sure nobody outside of the state can participate in the games.
This is one of the reasons licensed online gambling sites have done financially worse than expected. Each state has had a rocky start, although New Jersey is doing OK. A growth rate of Problems with card deposits and geolocation — both of which exist in other states as well — and player liquidity have undoubtedly contributed to the significant decrease.
Players have to deal with fewer problems when playing at offshore sites, and as long as that continues, it will be difficult for state-licensed sites to gain major traction.
Liquidity is important for online poker since you need lots of players to run games at various stakes, in several forms and throughout the day. If all of the three states were to combine their player pools, it would create a poker economy of around 12 million people, which could add significant liquidity to the games and thus bring in more revenue to each of the states.
The disadvantage of gambling at offshore sites is the lack of safety. Lock Poker, as already mentioned, is an ongoing example. All we can do is spread the word to the people who are considering signing-up and depositing money to their site. The best thing you can do is consider the reputation of the site rather than the jurisdiction since all jurisdictions have had dishonest sites.
The longer a site has been fully operational, and the fewer complaints it has generated, the better. Essentially, Bovada has been in the online gambling business since when Bodog.