Once the federal ban on sports betting was lifted in 2018, it didn’t take New Jersey long to become the apex in the industry. Over their first 12 months in sports betting, New Jersey took in more than $3 billion in wagers because of strong, top-rated sportsbooks, paired with online casino platforms, making online betting in New Jersey convenient.
New Jersey has extended experience in regulating gambling at brick-and-mortar casinos and racetracks. The Garden State utilized that expertise to swiftly establish sports betting regulations. Setting a high bar, the sports betting experience at top New Jersey sportsbooks have become the gold standard in the U.S.
Types of Sports Available In New Jersey Online Sportsbooks
Online sportsbooks in New Jersey offer players options for all the major professional leagues, including the NFL, NBA, NHL, and MLB. In addition, bettors can also lay action on college games with two exceptions: A player can’t wager on games that take place in the state and they can’t bet on any game involving a New Jersey school. So, while a player can legally place a bet on the New Jersey Devils or the New York Yankees, they will not be able to lay action on Rutgers or Seton Hall. NFL betting has been huge, as expected.
Players will see the common options on the types of wagers they can make on a game or event, including the point spread, moneyline and over/under. New Jersey’s online sportsbooks also permits parlays, futures, propositions, and teasers. The odds can vary a bit throughout the various sportsbooks, so some players use multiple to get the best deal.
The Garden State’s Biggest Online Sportsbooks
New Jersey provides an elite selection of online sportsbooks, stationed at a brick-and-mortar casino or racetrack, that have boasted impressive year-to-date figures. In fact, it
The year-to-date total online revenue for William Hill NJ at Ocean Resort was $7,583,542 entering September. Monmouth Park touts three online sportsbooks—William Hill NJ, SugarHouse Sportsbook, and theScore Bet—with a combined YTD revenue of $10,483,441.
DraftKings Sportsbook and Fox Bet at Resorts Casino have a combined YTD online revenue of $61,718,601. FanDuel Sportsbook and PointsBet at Meadowlands Racetrack stunningly totaled $122,965,276 in revenue YTD for their online sportsbooks.
The popularity of sports betting continues to grow in New Jersey, and it doesn’t look like it’s going to slow down anytime soon. In retail and online sportsbooks combined, the state is on track to bring in a $4 billion handle in 2019, and most of those bets will be placed online.
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