New Jersey Sports Betting - Best NJ Sportsbook Offers 2022

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In May 2018, the state of New Jersey won its decade-long battle against the NCAA and major professional sports leagues in the United States Supreme Court, paving the way for legal sports betting.

bet on sports online in nj now

As the leader of the fight, it was only fitting that the garden state become one of the first states to offer widespread sports betting. With the stroke of a pen on June 11, 2018, just four weeks after the federal ban on sports betting (paspa) was dropped, new jersey governor phil murphy signed legislation to legalize sports betting and grant regulatory power to the gaming enforcement division (dge).

You are reading: New jersey sports books

Today, New Jersey is home to one of the largest sports betting industries in the country, encompassing as many as a dozen physical sportsbooks and even more online and mobile apps. With so many books available, knowing where to play can be a difficult exercise, which is why Sports Handle has put together this comprehensive guide to the industry, including our exclusive power ratings.

sports betting in new jersey: according to the books

There is no shortage of land-based casinos, racetracks and online sportsbooks where you can place a straight, parlay or teaser bet in New Jersey. Below is a comprehensive table illustrating all the sportsbooks where punters in New York can bet right now.

new jersey online & mobile bookmakers

sports bookmakers in new jersey

nj sports team futures

Fanduel sportsbook fees are subject to change.

new jersey’s top online sports betting offerings explained

There are several unique offers floating around the new jersey online sports betting market and while some may seem straightforward, it’s always important to know the terms before putting your hard-earned money on the line. below, we outline our best options for new player offers and break down how to claim them. We also have in-depth reviews of all the sites listed below to help you choose the best sportsbook for your needs.

fanuel

fanduel, one of the nation’s leading online sportsbooks, debuted for the first time in new jersey, offering an effortless first bet worth up to $1,000 to all new players located in the state. . Simply sign up for an account using our link, place your first bet of up to $1,000, and sit back knowing that Fanduel has you covered if the bet doesn’t go your way. if your bet wins you will be paid out in full cash as usual, but the promotion ends here. If you fall short, fanduel will refund your initial bet in the form of free bet credits within 72 hours of the initial bet being settled. any free bets earned must be wagered at least once before funds can be withdrawn and will expire if not used after fourteen (14) days.

editors

draftkings, another of the best online sportsbooks in the us. uu. market, is now offering a two-part welcome package that includes a $50 free bet + up to $1000 deposit match. the $50 free bet is activated as soon as you sign up using our link and make your first deposit of at least $5, while the deposit match will be equal to 20% of that first deposit, capped at $1000. The wagering requirement is quite high on this offer, where $1 in site credit is released for every $25 wagered, but players will have 90 days to clear the bonus.

point bet

pointsbet offers two risk-free bets when you register a new account using our link, one for $500 on any standard fixed odds bet and a $1500 risk-free points bet /strong >. point betting can be a wild ride and is basically spread betting on steroids. you choose the spread, total or prop bet, and get rewarded for the reason you have.

For example, if you choose to bet on the total of a matchup between the Nets and Knicks which is set to 225, and the final score adds up to 235, you would win 10 times your selected betting unit, which is the difference between the previous total to the game and the final score. on the other hand, if the bass gets 10 points down, he would lose 10 times his betting unit. you can set limits on how far you want to go in either direction to mitigate damage on losing bets.

bet365

bet365 may be a newcomer to the us. uu. market, but the company has been an outperformer around the world for decades. their new offer for players is unique and almost too good to be true: simply bet $1 on any sport or event of your choice and automatically receive $200 in free bets from bet365, entirely on the house! ! To claim this amazing welcome bonus, simply sign up for a new account using our link, deposit at least $10 and place a $1 qualifying sports bet at odds of -500 or more (ie: -200 would qualify, -600 would not). would do). ). once the bet is settled, all eligible users will automatically receive $200 in free bets, regardless of the outcome of the initial bet! all qualifying wagers must be placed within the first 30 days of account creation or promotion will expire. once received, purchased free bets must be used within 30 days or they too will expire.

betrivers (formerly play sugarhouse)

betrivers is the nation’s predominant brand of interactive rush street games. First launched in the state of new jersey under the name play sugarhouse in 2018, the site eventually changed its name to betrivers in August 2022.

betrivers nj’s $250 deposit match may not stand out as one of the bigger deals, but it more than makes up for the fact that you only have to wager via the 1x bonus to convert it to cold cash. you can clear the bonus money by making sports bets (minimum odds -200 or more), or playing at their casino, and after the initial deposit, you technically don’t need to put any of your deposit at risk as only 1x is applied to funds of bonus Always keep in mind that any and all bonus funds must be used within 30 days of the initial deposit or they will expire.

borgata

When you make your first real money deposit at borgata nj sportsbook of at least $20 and place your first bet of $20 or more on any market offered on the site, you are officially in business for the bonus. of the site. you will trigger a series of 5 $20 free bets for a total of $100 in free bets. these free bets expire after 7 days and only pay winnings, but this is a great deal as you only need to put $20 of your money into play to earn $100 in free bets.

sports betting stool

It may have taken the sportsbook a little longer than anticipated to come out in the Garden State, but better late than never, right? Players looking to follow the big cat or the pres can sign up today and take a chance on a risk-free bet of up to $1000. And unlike many other risk free bets, barstool will refund any lost bets in the form of site credit instead of free bets. Since site credit works essentially the same way as cash, this is definitely an offer worth checking out.

sports superbook

as a mobile betting extension of the famous westgate resort & Casino Las Vegas, Superbook Sportsbook is an excellent product that many New Jersey punters may not be very familiar with. That’s about to change, as Superbook currently offers one of the best and most exclusive promotional offers for new users in the business. all new users who sign up with superbook are eligible for a $500 matched first deposit. after you make your initial deposit, each bet placed from that point on will be split in half: your cash balance will cover half of the bet and superbook bonus funds will cover the other half. if you win, take home the full winnings. if you lose, only lose half of the bet! For example, if a bettor placed $500 on a team to win at odds of +100, he would only be risking $250 in real cash, while the rest of the bet is matched against the superbook. if you win, you receive the full $500 profit plus the original $250 that was at risk. if you lose, you only lose half the bet you would normally have risked. this one is a bit confusing, but it’s a no-brainer.

new jersey’s best risk free bets

There are a number of sites that offer a risk free bet which allows you to place your first bet up to a specified amount, and if that bet is lost, you will be refunded as a free bet. for example, if you bet the nets -10.5 against the hawks, and they win by 15, you will be paid as usual and nothing else will happen.

If the networks only win by 5, and that bet is scored as a loser, you will be refunded in the form of free bet credits that can be used on any market or event. free bets generally only pay out the win of the bet, so if you use a $100 free bet on a +100 odds bet, your potential payout will be $100. this is compared to a cash bet that would pay $200 ($100 stake + $100 win). Online bookmakers that offer this type of risk-free bet include:

pointsbet – $2000 max ($1500 for points bets)
caesars – $1500 max
fanduel – $1000 max
betmgm – $1000 max

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barstool sportsbook – $1,000 max (site credit, no free bets)
betparx – $750 max
fox bet – $500 max
unibet – $250 maximum
betway – $250 maximum

new jersey sports betting revenue

As one of the nation’s legal sports betting pioneers, New Jersey is largely responsible for the eventual repeal of PASPA, the 1992 Amateur and Professional Sports Protection Act. It has not only allowed New Jersey to pave the way for the rest of the country to join, but it has also elevated the Garden State to become one of the most lucrative sports betting markets in the United States to date. the privileged positioning of the state has resulted in the first monthly handling of $1 billion in the history of legal sports betting, which took place in September 2021 during the start of the football season.

Just two months later, in November 2021, New Jersey set another sports betting revenue record by becoming the first state to gross over $100 million in sports betting operator revenue in a single month, peaking of $114,788,726. New Jersey has yet to replicate or exceed that mark (or even come close, for that matter) since then, but it has posted a total handling of more than $1 billion on multiple occasions after its September 2021 record, eclipsing that number. in October 2021, November 2021, December 2021, January 2022 and most recently in March 2022, with around 90% of all bets placed via mobile during that time. nj’s total handling of $1,348,860,083 in January 2022 remains the state’s all-time high.

new jersey’s account for the month of march 2022 was especially encouraging, as it was the state’s first billion dollar account since neighboring new york launched its own online sports betting marketplace earlier in 2020. January 2022. While many believed that the loss of the New York business would have a negative impact on the New Jersey online market, this has been proven false thus far. the 2022-23 football season will be an important indicator in confirming this, but we expect similar astronomical numbers to come out of the garden state, regardless of any competition that may be in its way.

new jersey sports betting operators power rankings

Currently, the nj online sports betting industry has been dominated by two licensees, one a racetrack with a location advantage and ties to a daily fantasy sports giant, the other a smallish casino from atlantic city which has teamed up with a larger dfs giant pair.

Below, we rank state licensees based on several criteria, including revenue generated, overall market trajectory, quality of sports betting products, and how many online skins are currently available.

#1 – the meadows race track

retail sports betting: fanduel sports betting in the meadows
retail launch date: July 14, 2018
online betting: yes
online sports betting houses: fanduel bookmaker, sports betting by points, superbook sports

Located in the heart of East Rutherford, Meadowlands Racecourse was one of the first places to open a sportsbook outside of Nevada, placing its first wager just two months after the Paspa crash. Just a stone’s throw from New York City and smack in the middle of one of New Jersey’s largest population centers, the Meadowlands Book has thrived, generating more revenue than any other book retailer in the state. /p>

Of course, it doesn’t hurt that the sportsbook is operated by one of the world’s largest betting operators in Paddy Power Betfair (now Flutter Entertainment), which merged with Fanduel in 2018 to create the group fanduel. Among the most popular daily fantasy sports brands worldwide, fanduel acts as the innovative brand for both the meadowlands retail book and its leading online/mobile betting site.

Complementing meadowlands is its second online skin, pointsbet, an aggressive upstart from australia that has taken the new jersey online sports betting industry by storm through its clever promotions and spread betting format. niche, the aptly titled point betting. together, the duo have rocketed to the top of the online sports betting revenue charts, replacing early digital resorts (draftkings sportsbook and others).

the meadowlands acquired its third and final online skin, superbook sports, after a deal was announced in spring 2021. the third skin was originally expected to be occupied by new sportsbook cg technology But the deal ultimately fell through when the company was acquired by William Hill (now Caesars) in September 2020. Instead, the Meadows is home to a prominent brand backed by the godfather of sports betting: Westgate Las Vegas. the rich got richer on this one.

There is a reason beyond a strong brand and a good location why meadowlands has done so well, and that is quality: all of their products have strong lines, elegant packaging and are easy to use.

No. 2: hotel complex with casino

retail sports betting: sportsbook draftkings at resorts
retail launch date: November 20, 2018
online betting: yes
online sportsbooks: draftkings sportsbook, fox bet sportsbook nj

draftkings online sports book was the first mobile sports betting platform to go live in new jersey, placing its first bets in early august 2018. being first to market certainly had its drawbacks. advantages, since draftkings was able to take advantage of its exclusivity and its large number of daily bets. fantasy sports database for early success. His meteoric rise also proved to be a wake-up call for new jersey casino brands as it let them know that dfs sites were out to win him over.

since its initial launch, draftkings has remained among the revenue leaders in the industry and now even generates a healthy dose of revenue from nj online casinos as well (casino games were integrated in december 2018).

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fox bet followed as the second skin in the resorts digital license in September 2018, originally under the betstars name. It was renamed Fox Bet after its parent company, The Stars Group, formed an innovative partnership with Fox Sports the following year.

resorts casino even added a sports book to its existing gambling site, which would occupy the brand’s third and final online skin. however, it didn’t last long, as the resorts agreed to a deal in February 2022 that would allow a new, unnamed brand to take over its final look. While the new brand has yet to be announced, the resorts have already gone ahead and removed their digital sportsbook from their app and website.

The only land-based sportsbook under the resorts license is draftkings sportsbook in resorts ac, which launched in december 2018. while aesthetically impressive, the small sportsbook has not been a major source of revenue (but still better than some) , probably due to its location in one of the smaller casinos in atlantic city.

#3 – monmouth park

retail sports betting: caesars sportsbook in monmouth park
retail launch date: June 14, 2018
online betting: yes
online sports betting: caesars sportsbook, betrivers

Perhaps no one is more excited about the launch of legal sports betting than Monmouth Park operator Dennis Drazin. Darby Development’s fearless CEO was setting up sports betting at the struggling racetrack long before the Supreme Court’s decision. His gamble paid off, as William Hill’s Monmouth Park Sportsbook (now Caesars Sportsbook in Monmouth Park) was ready to roll as soon as the deck fell.

The launch on June 14, 2018 generated a lot of publicity and, in our opinion, was justified as it was not a half-hearted sports betting effort. Instead, the retail book formerly known as William Hill is well conceived (if quaint) and has proven to be a solid revenue generator for the state.

On the online front, Monmouth Park’s licensed sportsbooks perform admirably, though not as well as the resorts or meadows. In addition to the Caesars sports betting app, which replaced the William Hill NJ app in August 2021 along with the rest of the rebrand, Monmouth Park is home to only one other online skin: Betrivers.

monmouth park picked up betrivers after irush’s interactive arm dropped a potential sports betting partnership with the golden nugget. This was presumably because the gold nugget was prohibited, at the time, from offering NBA lines. This has since changed, but Betivers and Rush Street have stayed with Monmouth Park. betrivers has also fully integrated its sportsbook into its very popular and innovative online casino, making the app a one stop shop for bettors of all kinds.

monmouth park previously hosted a third online skin, which had been taken over by canadian bookmaker thescore bet. Gaming entity Penn National officially took over all sports betting operations in the United States after its parent company decided to go ahead with Thescore Bet in Canada, while focusing on its Stool sports betting brand in the United States. . Considering the sportsbook is already operating in NJ under the Freehold Raceway license, there is a vacancy in Monmouth Park should another brand look to expand to the Garden State.

#4: Ocean Resort Casino

retail sports betting: the gallery bar, book & games
retail release date: June 28, 2018 (temporary), September 1, 2018 (permanent), July 1, 2022 (the bar on the gallery, books and games)
online betting: yes
online sports bookmakers: typical sports betting

After four years of operating its Caesars-branded retail sportsbook right in the middle of its world-class casino resort, the Atlantic Ocean City recently underwent a massive sportsbook renovation. the $5 million remake was designed to feature a loaded sports book, a 100-foot raised center bar, and a lounge packed with slots and table games. The new brick and mortar book officially opened its doors to the public on July 1, 2022. Instead of continuing to work in collaboration with Caesars, Ocean’s opted to hand over all odds creation duties to UsBookmaking, an industry-leading brand. which has operated over 100 retail sportsbooks in nevada.

In terms of online skins, the typical sportsbook launched as the only sports betting skin under Ocean’s license in September 2020. Operating with in-house technology and headquartered just across the river from New York In Hoboken, the brand has launched an intriguing product. Despite this, Tipico has yet to find its niche in New Jersey’s busy market.

Unfortunately, Ocean Casino has yet to integrate a sportsbook into its existing (and struggling) online casino site.

#5 – caesars interactive entertainment

(Shutterstock)

Retail sportsbooks: Caesars Sportsbook at Wild Wild West, Caesars Sportsbook at Harrah’s Resort, Caesars Sportsbook at Tropicana AC
Retail launch date: July 30, 2018 (Caesars Sportsbook at Wild Wild West), August 1, 2018 (Caesars Sportsbook at Harrah’s Resort), March 8, 2019 (Caesars Sportsbook at Tropicana AC)
Online betting: Yes
Online sportsbooks: WynnBET Sportsbook, Prophet Exchange (coming soon)

caesars entertainment uses three different sports betting licenses: one at tropicana ac, one at harrah’s ac, and one at headquarters, caesars ac. The company uses its own Caesars brand for its sportsbooks within each of the three properties.

Internet-wise, caesars entertainment lists only a sports betting skin in its license after 888sport recently shut down all its services. They had previously operated in New Jersey under license from Caesars. both the tropicana and harrah’s licenses remain unused for sports betting. Interestingly, Caesars’ own online sports betting platform is not operated under the license of its parent company; It has been accepting shares under the Monmouth Park license since the state first debuted sports betting in 2018, as a result of the William Hill acquisition.

the only book left on caesars license is wynnbet sports book. In July 2020, Caesars Interactive Entertainment added Wynnbet Sportsbook to its online sports betting repertoire. wynnbet is the namesake site of the luxurious and iconic las vegas casino, the wynn. wynnbet sportsbook brings to the table a brilliant mobile app and website to match, both living up to the prestigious brand name. it has been a solid addition to the new jersey market, along with other states across the country.

an interesting note related to caesars in nj is their announced partnership with prophet exchange, a newcomer to the sports betting industry. prophet hopes to disrupt sports betting by offering a peer-to-peer betting exchange system. if you have a bet you want to make, you can offer it on the exchange. so you might want to take the giants +6 against the eagles. with prophet swapping, you’ll be able to find someone to get on the other side with reduced odds of -103 instead of the standard -110. someone will likely see your offer on the exchange and accept it. the bet is booked between you and someone else rather than you and the sportsbook. prophet acts as intermediary. This is similar to how the stock market works, but it’s a new idea in sports betting. prophet hasn’t moved to new jersey yet. We will review the app once it is up and running in NJ. stay tuned.

#6 – hard rock hotel & casino

retail sports betting: hard rock sports betting
retail launch date: January 29, 2019 (temporary), 1 April 2019 (permanent)
online betting: yes
online sports betting houses: hard rock sports betting, bet365, unibet

Hard Rock’s online and physical sportsbooks launched together, just days before Super Bowl LIII. Clearly a placeholder, the retail book featured no actual seats, video walls, or bar, three key components to any successful sports betting effort. what it did present is the promise of a new permanent installation, worthy of the iconic brand.

That permanent book went live on April 1, 2019 and now features 3,800 square feet of dedicated space, seating for 50, 60 TVs, and a full-service bar equipped with the casino bar’s mainstay: video poker. . It’s not an ideal setup, as seating is limited and TVs line the wall (unlike a video wall), but it’s a big step up from the temporary sportsbook.

hard rock has teamed up with two European heavyweights at unibet and bet365 for their online sports betting aspects. Unibet was one of the original online sportsbooks, launched in 1999 and serving over 11 million customers in over 100 countries. they’re bringing that experience to the garden state through their kambi-powered online book that provides great promotions, continuous lines, and an easy-to-use interface.

bet365, although it is not a household name in the us. uu. So far, it is one of the largest online sportsbooks in the world. bet365 are gaming pioneers, being the first to offer in-game betting, live streaming and many other features that we all know and love today. When we say that bet365’s betting market and library of options are huge, that’s an understatement. It all comes in a simple and easy to use package to suit both the novice and the more experienced sports bettor – bet365 is well worth a look.

#7: Gold Nugget Hotel Casino & marina

retail sports betting: the sportsbook
retail launch date: August 15, 2018 (temporary), September 1, 2018 (permanent)
online betting: yes
online bookmakers: golden nugget , betway

golden nugget ac was the first atlantic city-based casino to open a permanent sports betting facility, opening just before the 2018 nfl football season. in terms of retail books, we rank efforts of golden nugget as the best that the atlantic city has to offer behind the ocean resort casino. the book features seating for 100 patrons, 50 stunning televisions, five video walls, self-serve kiosks, and other amenities.

Initially, Golden Nugget was unable to accept wagers on NBA games due to NJ law which states that any operator with a significant interest in a sports franchise cannot accept wagers on that sport. The owner of the golden nugget, Tilman Fertitta, also owns the Houston Rockets, but the rules have changed and the golden nugget can now accept bets on the nba.

golden nugget online casino is still one of the best, but unfortunately, that hasn’t carried over to their online sportsbook. Golden Nugget’s second online skin, Betway, launched in New Jersey in August 2021. The foreign behemoth has yet to find its place in the US sports betting market, however, partnerships with the Chicago Bulls, Golden State warriors and los angeles clippers, among others, tell us that betway is slowly but surely making big moves.

#8 – hotel casino borgata & spa

(Shutterstock)

Retail sportsbook: MGM Sportsbook & Bar (formerly Moneyline Sports Bar and Sportsbook)
Retail launch date: June 14, 2018 (temporary) June 29, 2019 (permanent)
Online betting: Yes
Online sportsbooks: Borgata Sportsbook, BetMGM

borgata was just a few hours behind monmouth park in new jersey. Seemingly overnight, they successfully added sports betting to their existing racing book. Nearly a year later, in June 2019, Borgata debuted Moneyline Bar and Sportsbook (later renamed MGM Sportsbook & Bar). True to its name, it’s more of a sports bar than an actual sports book, but it works. the bookmaker has self service kiosks and 3 windows hidden in the corner.

borgata’s online sportsbook has gone through some major updates since its initial launch, adding additional betting options over the years, specifically within its in-game library. the app can be a bit difficult to navigate at times and the promotions can be a bit confusing, but they offer plenty of them – the value is definitely there.

betmgm’s online sportsbook also underwent a massive upgrade in mid-2019. This upgrade took them from a mediocre sportsbook to one that now competes near the top of the sports betting industry. New Jersey. betmgm really stands out for its willingness to reward its players, an area where other sportsbooks struggle to come close. With significant financial backing, Betmgm is now a real factor in New Jersey.

borgata and mgm sports betting apps mirror each other and function exactly the same in all respects except appearance. where mgm appears gold, borgata will appear light blue. Other than that, everything is exactly the same. and despite belonging to the same parent company, players can create an account with both borgata and mgm – double the rewards for all!

#9 – freehold raceway

retail sports betting: parx sports betting
retail launch date: September 25, 2020
online betting: yes
online sports betting houses: stool sports betting, playup sports betting, betparx

While their counterparts in Monmouth Park and Meadowlands began offering retail sports betting early on after the paspa ban in 2018, Freehold Raceway would not open its sports betting doors for nearly two years.

parx sportsbook finally launched on September 25, 2020, occupying a small section on the second floor of the main racetrack building, shown above. Players entering the facility will be greeted by Kambi self-service kiosks before proceeding through one of the many ticket windows along the walls. there are plenty of tables and chairs, and enough TVs around the room to match. overall, not the biggest and brightest on the market, however, it gets the job done perfectly.

With Penn National Gaming holding a 50% ownership interest in Freehold Raceway, it should have been expected that the stool sportsbook would end up being one of the racetrack’s mobile betting skins. The Stool sports betting mobile app didn’t launch in New Jersey until August 2021, but it quickly became one of the most popular betting apps in NJ.

Playup Sportsbook, a lesser-known Colorado-based brand, made New Jersey its second state of operation when they agreed to a deal with Freehold Raceway on January 14, 2021 to become the track’s second in-line skin. its mobile app definitely needs some work, but an attractive color scheme and a lucrative welcome bonus are more than enough reasons for bettors to give the game a try.

On March 16, 2022, Betparx launched its new and revamped sports betting and casino app and website in New Jersey under the Freehold Raceway license. The third and final skin attached to the race track is the latest mobile arm released by Parx Casino’s parent company, Greenwood Gaming & entertainment. the app is extremely unique in terms of its technology, offering gamers a smooth interface with fast load times and aesthetically pleasing graphics throughout. Backed by a prominent name at parx and its traditional counterpart at freehold raceway, betparx has the potential to become a major player in nj.

#10 – bally’s atlantic city

retail sportsbooks: fanduel sportsbook at bally’s hotel & casino
retail launch date: March 15, 2021
online gambling: yes
online sports bookmakers: vie.gg

bally’s atlantic city is one of the city’s oldest and most historic properties, but it wasn’t until recently that this casino resort got its own new jersey online gaming license. Caesars Entertainment sold the building to Bally’s Corporation (formerly Twin River Worldwide Holdings) in November 2020 in a deal that excluded the Wild Wild West Casino. caesars would maintain this entity in the future.

less than a year later, the brand received official approval from the nj casino control commission for its own online gaming license, which should open the door for bally bet to eventually launch in the garden state , along with any other brand that Bally wishes to host. Popular esports betting platform Vie.GG from esports entertainment group was the first claimant to claim a spot under Bally’s NJ gaming license, officially launching in April 2022. The online sportsbook only will accept shares in esports, a unique new twist yet to be seen in the realm of digital sports betting.

by summer 2022, the new and improved bally’s ac will feature 750 updated hotel rooms as part of the company’s more than $100 million renovation project. In addition to its upgraded rooms, Bally’s AC also introduced more than 250 new slot machines, a state-of-the-art high-limit arcade, and a luxurious beer garden-style venue called the yard. the yard is a fun and action-packed new area where guests can enjoy live entertainment, a pub-style menu and select beer list from local brewers, some of bally’s best signature beers, craft cocktails and much more.

how to get started at nj online sportsbooks

There will be a little variation on how to get started on each individual site, but overall the process will be similar and should only take a few minutes. The first step in the process will be to click on the link provided on this page for the nj online sports book you want to try. this will take you to the home page of that specific online bookmaker. some sites will have a “register” or “create new account” button, while others will take you directly to the registration page.

Once you get to the registration page, you will need to enter some personal information. this includes:

name
date of birth
address
phone number
last four digits of your insurance number social

All of this information is used to identify that you are who you say you are. online sportsbooks don’t want accounts created by people other than you; this is also built in for your protection. Security measures are in place at every step of the process, including registration, banking and while placing your bets.

Once you enter your information, it will be run through secure, encrypted identification software, and in most cases, you’ll be approved for an account within seconds. once approved, you can collect all available bonuses.

sports betting deposits and withdrawals nj

When it comes to online new jersey sports betting, players can make deposits and withdrawals with confidence. All banking features are thoroughly vetted by the New Jersey Division of Gaming Control, the same government entity that oversees all retail gaming in the state.

All transactions are secure, and most of the available methods used for deposits and withdrawals are probably already familiar to you. Think of making a deposit the same way as buying an item from an online store, and withdrawals are similar to receiving a payment online from a friend or family member. this is one of the biggest advantages of placing your bets at legal and regulated online sportsbooks compared to their illegal counterparts abroad. Gone are the days of wondering if you would ever get your cash out or if you would have to convert your funds to some weird cryptocurrency. You can count on legal nj sportsbooks to process all payments quickly and securely.

You may be asked to verify payment methods and again this is as much for your protection as it is for the sportsbook. the njdge requires this so that hackers or scammers cannot withdraw funds to any fake account, and if they try they will be stopped in their tracks during the verification process.

It’s important to note that payment options will vary by site, but listed below are the most popular and familiar ways to get and withdraw money from your favorite online sportsbook.

credit/debit card

all new jersey online sportsbooks accept some type of credit or debit card for deposits. visa and mastercard are the most widely accepted across the books, with some allowing you to use your discovery card. Just like shopping for groceries, your credit or debit card will be processed securely and the funds will be available immediately.

ach/electronic check

Electronic checks are the same as writing a physical check, but are processed online. will link your checking account via routing number on a paper check and your information will be processed through a secure third-party carrier. your funds will be available immediately, but you may not see the money leave your checking account for 24-48 hours. withdrawals are available and take the same 24-48 hours to reach your account.

paypal

If you shop online, chances are you already have a PayPal account, and you can use that same setup to make deposits and withdrawals at your favorite online sportsbook. Feel free to use your PayPal balance, a linked checking account, or a linked credit card to make any deposits, while withdrawals are nearly instant and should reach your account shortly after your payment is approved. If you don’t have a PayPal account yet, or would like more information on how to take advantage of this secure payment processor, you can check out our guide to using PayPal at legal online sportsbooks.

play+ prepaid card

play+ is an option that can be used by punters who use one of the deposit only options and would like to have a withdrawal method. you can sign up for the site-specific prepaid card right in the checkout area of your sports betting app, and within seconds you’ll be approved, ready to link your credit card or bank account. play+ withdrawals are instant, and you can actually use the physical card (it will be mailed to you, takes about two weeks) to withdraw real cash from an ATM. it works like a debit card: you can withdraw money in person or swipe directly to make purchases at any store that accepts discover cards.

pay me

when you choose to deposit via paynearme, you will be provided with a barcode. This barcode can be taken to any 7-11, CVS, or Family Dollar (among other places) along with the cash you wish to deposit. the teller will scan the barcode, take the cash and the funds will be available in your account within 15 minutes. paynearme may exclude you from taking advantage of various bonus and promotional offers, so be sure to check the terms and conditions before using paynearme. also, withdrawals are not available through this banking method.

cash in the casino cage

Another cash-related banking option is to go directly to the retail casino cage that is affiliated with the online sportsbook of your choice. When making a cash deposit, be sure to bring your ID and have your online username handy. withdrawals can be collected after your withdrawal is processed. Always make sure you read the terms and conditions of the sportsbook of your choice before approaching your retail partner as some brands may not offer this service or require a 2-3 day period before withdrawal is authorized of money.

skrill

skrill is a lesser known e-wallet option that works similarly to paypal, but is a bit unique in that usd funds can be converted into a number of different international currencies and a few select cryptocurrencies. There are fees associated with using skrill as a payment processor, but it has some benefits that make up for it.

online bank transfer

If your bank has an online bill pay option, you can probably make deposits and withdrawals using that same service. You will be prompted to log in to your online banking account and the money will be taken directly from your checking account. withdrawals will be processed the same way. sports betting cash will be available immediately, but it may take up to 24 hours before the funds are debited from your account.

While some withdrawals are instant, others can take up to 72 hours to process. the online bookmaker needs to review the account just to make sure there is no suspicious activity. Usually the first withdrawal may take longer than usual as payments may need to be verified.

status of sports betting in nearby states

With sports betting legal and regulated in the Garden State, you may get used to being able to just pull out your phone and place a bet, instantly turning your living room or any sports bar into your own personal sportsbook. what happens when you travel out of town and want to place some bets? can? Will your balance transfer? the quick answer is, sometimes. Let’s take a look at the state of sports betting in New Jersey.

New Jersey is surrounded by states that have legalized sports betting

Pennsylvania

when you cross the delaware river into pennsylvania, you’ll find one of the most gambling-friendly states in the union. Like New Jersey, the swing state has legalized all forms of online gambling, including online sports betting, online casinos, and online poker. You’ll find plenty of familiar faces like betmgm, betrivers, and fox bet, but if you’re looking to bet with the balance you had in new jersey, the only balances that carry over are fanduel and draftkings.

if you want to play at a sportsbook other than fanduel or draftkings, you will need to create a new account in pennsylvania. this may seem like a hassle, but this also means you can claim the welcome pack a second time while visiting your friendly neighbor to the west. this means a whole new batch of deposit bonuses and risk-free betting.

de

The small state to the south has legal sports betting, but has yet to give online sports betting the green light. To place a bet, you’ll need to travel to one of the state’s three retail casinos. Retail casinos are located throughout the state, with Delaware Park being the closest to New Jersey, in Wilmington. Harrington Raceway and Casino is located at the Delaware State Fair, and Dover Downs Casino is at the famous racetrack.

delaware offers online casino gaming and online poker so eventually legalizing online sports betting is a distinct possibility but for now to place that bet on embiid to earn mvp you’ll have to get in the car and go . to one of three delaware retail sportsbooks.

new york

Previously, the state had only allowed retail sportsbooks to operate in upstate New York, leaving most bettors in the city out of luck. After many years of anticipation, New York finally went ahead and legalized online sports betting in the state at 9:00am on Saturday, January 8, 2022. The launch featured four initial sportsbooks launching in the state of the empire: fanduel, draftkings, caesars, and betrivers. betmgm, pointsbet, wynnbet, resorts world bet and bally bet followed soon after, officially completing the nine online licenses available in new york.

other nearby states

While they don’t share a border, there are other states in the area that are getting involved with sports betting. Virginia legalized and launched in 2020, Connecticut followed in 2021, and Maryland legalized but is still awaiting its mobile betting launch. Chances are, if you’re traveling through the Northeast, you’ll find yourself in a state with legal gambling options or passing through.

sports betting guides

If you’re new to sports betting, online sports betting, or just want to brush up on legal online sports betting rules, bonuses, and terminology, be sure to check out our guides. These guides cover a variety of topics and can help you hone your skills. They will help you on your way to becoming a better sports bettor.

Sports Betting Bonuses: This guide to online sports betting bonuses will walk you through all the different bonus variations, how to claim them, and all the associated jargon that can sometimes be a bit confusing to understand at first.
risk-free betting guide: not all risk-free betting is created equal, and in this guide we break down all the different types of risk – free bets offered in new jersey and beyond. it’s important to know exactly what you’re getting into before you place your first bet.
best sports betting podcasts: there are a ton of sports betting related podcasts, but here At sportshandle we go through all the top picks and find our best picks. these podcasts are unique in their own way, and we break down why we chose them for our list.
expected value: not many sports bettors think about expected value when placing bets online , and even fewer apply it to their betting strategy. our expected value strategy walks you through the basics and on to some more advanced theories on how to properly evaluate your bets with a solid mathematical approach.
higher scores and odds applications: Keeping track of your bets has never been easier when you take advantage of one of the sports scores and odds apps on our list. Keep track of scores, betting odds and more, right on your phone.
Twitter Sports Betting: Everyone thinks you’re a sports betting genius online, but many of the names on our top sports betting twitter followers are actually . some are deep in analysis while others are just a fun follow up. Be sure to check out our top picks to help make your Twitter feed even more enjoyable.
Get a gripping podcast: Hosted by two of our very own, Dave Sharapan and Dan back, this sports betting podcast offers all the news and information about the legal sports betting industry like no one else.

regulations, taxes and fees

Under New Jersey law, only qualified casino and racetrack properties may apply for a sports wagering license. furthermore, anyone wishing to run an online sportsbook must first associate with a licensee.

nj sports betting tax rate was set at 8.5% on gross gaming receipts for casinos and land tracks, with tracks paying an additional 1.25% to the division of government services premises in the department. of community affairs. Later, in October 2018, Govt. Murphy approved an additional 1.25% tax to be paid by casino sportsbooks, with the funds allocated to the Casino Reinvestment Development Agency and used for Atlantic City marketing purposes. online sportsbooks pay a flat 13% tax on gaming revenue.

The fee to apply for a sports betting license is $100,000.

License holders are limited to three individually branded websites or skins each, and only have a 270-day window to operate an online book without a retail facility. this has not proven to be a problem so far, as all license holders got up and running with retail outlets before going online or together.

There are some additional caveats in the regulations that have affected the industry. While operators can place wagers on college sports, such as college football, they are prohibited from placing wagers on college games involving New Jersey teams, regardless of whether they are played with New Jersey or not. Likewise, you may not bet on any college game taking place in the state of New Jersey, regardless of who is involved. Efforts are underway to reverse these policies, but for now they remain intact.