Online Sports Betting in New Jersey
- 1 Online Sports Betting in New Jersey
- 1.1 Introduction
- 1.2 When did betting become legal in New Jersey?
- 1.3 Why is NJ so attractive for bettors?
- 1.4 How to bet online in NJ
- 1.5 What are the NJ sports betting market leaders?
- 1.6 Conclusion
- 1.7 FAQ
The New Jersey betting industry continues to grow and posted record revenue figures during October 2020. Punters in the Garden State spent a whopping $803.1 million during the month, a figure that broke the previous record of $748.6 million that had just been set in September. A significant chunk of that revenue – $743,899,049 – was spent on online betting. Those figures make the returns for New York State look poor in comparison, with the gross gaming revenue in NY State being just $2.6 million in October.
In this article, we’re going to tell you a little more about NJ online sports betting and what it entails. You can find out about the legal situation and also bet online in NJ. We’ll also tell you about the leading online casinos in the state, so read on to find out more!
When did betting become legal in New Jersey?
Although gambling has a pretty long history in New Jersey, as the state has traditionally had a much more liberal approach to gambling than other places in the USA, online casino gaming only became legal in 2013. NJ online sports betting became legal in 2018, when Assembly Bill 4111 was passed by state legislators. The first online sports bet in the state was taken in August 2018, and things have grown at a rapid rate since then.
Why is NJ so attractive for bettors?
New Jersey has a long history of legalised betting which has been a contributory factor to the success of the online sports betting industry in the state. It is also located conveniently close to New York State, which historically meant that many visitors would make a quick trip over the state border to place a bet on their phones before nipping back.
While that situation may not last for much longer, with legislation in the offing to legalize online sports betting in New York over the next few years, New Jersey currently occupies a pretty prominent place in the world of American online sports betting. Whether you want to do some virtual sports betting in New Jersey or bet on real life sports, the options are now extensive.
How to bet online in NJ
If you want to bet online in NJ then the process is really simple. First, you need to open an account at one of the online sportsbooks that operate in the state. Opening an account is really simple, and you begin the process by clicking on the Join Now tab or its equivalent, something that you can usually find at the top of an online sportsbook’s homepage.
After you have done that, you will be asked to provide some personal details for registration, as well as choose a username and password. You will also need to choose a preferred payment method and make a first deposit in your account. Always check what the minimum allowed deposit is before you do this, of course. You should then be able to claim any welcome offers that are available from the sportsbook too.
Once you have your account fully registered you can pick any of the sports on the sportsbook’s site to bet on. Placing a bet is a simple case of clicking on a market and adding it to your betslip. You then choose a stake and once you are happy with your betslip you can click confirm to place the bet.
What are the NJ sports betting market leaders?
Anyone who wants to take advantage of some New Jersey sports betting lines now has a great deal of choice, with many of the world’s top betting brands now operating in the state.
NJ online sports betting punters can place bets at Bet365 and DraftKings, as well as at BetMGM, William Hill, Caesars, and Golden Nugget. Other sportsbooks operating in NJ include Unibet and Borgata Sports, though there are more options and the range of these is growing every month it seems. You can enjoy some betting on virtual sports in New Jersey at these operators, as well as enjoy an extensive range of other betting options.
As you can see, NJ online sports betting continues to develop and progress at an impressive rate, with more options for punters expected to appear in the future. Anyone who wants to bet online in NJ can already enjoy some great choices of online sportsbook and more are expected to join their ranks in the coming years. If you like looking at the latest New Jersey sports betting lines and want to bet online in NJ then the future certainly looks rosy.
You can bet on all American sports leagues if you live in New Jersey and want to place bets online. Online sportsbooks also offer the opportunity to bet on sports from outside the USA. This means that you can also bet on league’s like soccer’s English Premier League, rugby league’s Australian National Rugby League or cricket’s IPL as well as the likes of the NFL and NBA.
Online sports betting has been legal in New Jersey since 2013, when the state became the first in the USA to allow residents to enjoy casino gaming online.
You have a number of choices when it comes to placing sports bets in NJ, with several renowned online sportsbooks operating in the state. Bet365 and DraftKings are two of the better options that we recommend that you take a look at.
Sports betting was legalized in New Jersey in 2018 and that marked the opening of a new chapter for gambling in the state. Since then, revenues have exploded and it looks likely that any update on sports betting in New Jersey in the near future will include a list of new online sportsbooks.