New Jersey Betting Apps
FanDuel has realized one of the most successful runs in the first year and a half of legal sports betting across the U.S. A partnership with the Meadowlands Racetrack in New Jersey opened the door.
- New Jersey currently has 16 sports betting sites or apps approved by the DGE to accept bets, which means plenty of options for bettors. Better yet, online sportsbooks in New Jersey are among the most aggressive in terms of signup bonuses, due to both the amount of competition and favorable tax rates for operators.
- New Jersey Sports Betting: NJ Sportsbook Sites, Apps & Promos. If you are physically in New Jersey then you can legally bet online! There are a number of online sportsbooks you can join, so take a look at the list below and choose your favorite.
- New Jersey is a haven for bettors and one of the most popular sports to wager on is horse racing. With much thanks to technology, you can now bet off-track using horse racing betting apps.
- The legal New Jersey sports betting landscape is rapidly evolving and there are many great betting apps for both Android and iOS devices. The top betting apps for NJ include offerings from companies like 888 Sport and William Hill. This guide will teach you everything you need to know to begin betting via a downloadable app in New Jersey.
The No. 1 contender to New Jersey’s online sports betting dominance finally appears ready to enter the game.
After dismissing the idea for the better part of two years, New York Gov. Andrew Cuomo announced his support of online sports gambling last week. It was one of several policies included in the governor’s annual budget presentation as a way to make up state revenue shortfalls from the coronavirus pandemic.
“New York has the potential to be the largest sports wagering market in the United States, and by legalizing online sports betting we aim to keep millions of dollars in tax revenue here at home, which will only strengthen our ability to rebuild from the COVID-19 crisis,” Cuomo said in a statement to the Daily News.
The governor does not have to look very far for a successful online sports gambling market to convince lawmakers in Albany that taxing legal wagers would help replenish state coffers.
New Jersey will exceed $5 billion in total online sports wagers for 2020, generating more than $40 million in taxes for the state in the calendar year.
December numbers will be released on Jan. 13.
Will New York overtake the online sports betting leader?
Most industry analysts believe that the Empire State’s online sports betting market will surpass New Jersey’s.
“Gov. Cuomo’s embrace of mobile sports betting immediately positions New York to soon lead all other states and generate significant revenue for state coffers,” Sara Slane, an industry consultant and former official with the American Gaming Association, told the Associated Press. “New York, with a population of nearly 20 million, dwarfs any other state with legal betting and should have no problem regularly topping $1 billion a month in wagers.”
The Garden State was an early adopter of online sports betting and quickly became a standard-bearer.
Jane Bokunewicz, coordinator of the Lloyd D. Levenson Institute of Gaming, Hospitality & Tourism at Stockton University, said, “it was inevitable that other states would follow, especially after seeing New Jersey’s success.” New Jersey was aware that competition would eventually arrive.
“As the market for sports betting continues to develop and expand both within New Jersey and in neighboring states, New Jersey could lose ground in terms of market share, but it will be far from out of the race,” she said. “Sports betting will continue to contribute significant tax revenue to the state even if not at the same levels we’ve been seeing given both New Jersey’s near-monopoly on East Coast online sports wagering and the pandemic.”
Business has been good for NJ
New Jersey lawmakers included online tax rates when they legalized and regulated sports betting in the spring of 2018. The first online operator, DraftKings Sportsbook, started taking wagers that August and eight others followed suit by the end of the year.
New Jersey collected just under $7 million from a 13% tax applied to online sports betting revenue in 2018. Almost 63% of the total sports wagering handle that year was from online action.
In 2019, 84% of the nearly $4.6 billion statewide handle were bets placed via NJ sports betting apps. New Jersey collected more than $31.8 million in taxes from online sports betting revenue.
With Atlantic City casinos and New Jersey’s racetracks closed for part of 2020, taxes from iGaming and online sports betting helped to offset losses. New Jersey collected $39.2 million (through November) from online sports betting. Nearly 92% of the state’s $5 billion sports handle was from online wagers.
Ironing out NY sports betting details
Even as impressive as New Jersey’s tax collections from online sports betting are, Cuomo sees larger numbers for his state. Rather than allow casino operators to conduct online sports betting, Cuomo wants a monopoly operator to run the show and share revenue with the state.
“And I’m not here to make casinos a lot of money. I’m here to raise funds for the state. So we have a different model for sports betting,” he said.
New York state lawmakers, however, do not agree with the governor’s approach. A bill introduced Thursday would allow four commercial casinos and three tribal operators to license two skins each. The bill proposes a tax rate of 12% for online sports betting revenue.
A financial summary of the bill estimates $79 million annually for the state. Cuomo’s budget director suggested that a single-operator system could generate $500 million per year.
Tax collections could drop
Should New York launch an online sports betting market, the state of New Jersey would see tax collections drop.
A sizable percentage of the online sports betting market includes New York residents who are currently crossing state borders to bet in New Jersey. A representative for FanDuel Sportsbook (New Jersey’s most profitable sports betting operator) estimated that 25% of online customers hail from New York. The state’s second-largest operator, DraftKings Sportsbook, did not provide a figure, but it would be reasonable to assume the percentage is comparable.
“The pent-up demand for legal sports betting in New York, and throughout the east coast, has led many New Yorkers to cross state lines for the purpose of wagering with New Jersey sportsbooks. The (FanDuel) sportsbook at the Meadowlands (Racetrack) has perhaps benefitted most from this phenomenon,” Bokunewicz said, before noting that one retail location grosses more than the eight Atlantic City casino sportsbooks combined. “This is an indication of the strength of the New York market.”
Because states such as New Jersey and Pennsylvania have already set up successful regulatory models, New York’s rollout of an online market should happen fairly quickly, she said. But, even with an aggressive launch by New York, the impact to New Jersey may not be immediate.
“Consumers have developed a relationship with New Jersey sportsbooks and may need at least a little persuasion to change over to New York-based books,” Bokunewicz said. “This transition period may be shortened of course by those operators, such as market leaders DraftKings and FanDuel, which will likely operate in both states. These operators could make the transition between states virtually seamless for their established customer base.”
Are you a New Jersey resident who wants to bet on the New Jersey Devils, New York Giants, or New York Jets winning their next game? If so, you will need an online sports betting account.
Using a sports betting app, also known as an online sportsbook, is required to place bets. New Jersey has been at the forefront of legal online gambling in the United States, legalizing online sports betting, iGaming (online slots), and online poker in 2018.
This guide will break down the best New Jersey sports betting sites by comparing the total number of sports and bets offered, odds, live betting features, mobile apps, educational resources, ease of use, as well as current bonuses and promotions.
Best Online Sports Betting Apps in New Jersey 2021
- DraftKings Sportsbook – Best Overall
- FanDuel – Best Mobile App
- 888sport – Best for Beginners
- SugarHouse – Best Live Betting
- PointsBet - Best New Bet Type
- William Hill – Good Odds
- FOX Bet – Best for Poker Players
Best Overall for Beginners
DraftKings is the complete package for both new and experienced sports bettors and daily fantasy sports players. While the live betting, education, and mobile app are all great, I found the unique bets and pre-game statistics DraftKings offers to be the best in New Jersey. Read full review
Best Mobile App
Like its closest competitors, FanDuel is one of the most well-rounded sports betting options available. The high-quality live betting, bets offered, and the odds are worth emphasizing for both new and experienced bettors. FanDuel is also one of two sportsbooks available that offers daily fantasy sports. Read full review
Best Education
888sport offers a well-rounded sportsbook, providing an immersive live betting experience, hundreds of bets and props, and useful education for new bettors. The only drawback is the below-average odds for sports like football and hockey. Read full review
Best New Bet Type
PointsBet brings a new style of betting to the United States, and frankly, I'm a huge fan. PointsBetting is unique and fun enough to justify opening an account with PointsBet, regardless of whether you have other sports betting accounts. While some sportsbook functions, such as live betting, can be improved, PointsBet offers good odds and an excellent palate of bets to choose from. Read full review
Best Live Betting
SugarHouse is an excellent sports betting option for residents of New Jersey. I enjoyed the wide variety of bets, easy to use mobile app, and great live betting experience, which focuses on streaming games and offering real-time bets. That said, the odds are just average. Read full review
Best for Poker Players
FOX Bet offers bettors an endless selection of bets and quirky promotions, paired with an easy to use mobile app and desktop platform. While the company has room to improve in terms of odds offered and education, I would recommend the sportsbook to poker players and fans of Fox Sports news shows. Read full review
Good Odds
William Hill offers competitive odds for various sports while offering all standard sports and bets on an easy to use mobile app. Bettors seeking daily odds boosts or a wider variety of bet types will want to consider other sportsbooks. Read full review
Best Betting Odds in New Jersey
To determine which New Jersey sports betting sites offer the best odds, I recorded and analyzed data from hundreds of games for spread, moneyline, and total bets. The sportsbooks that provide the best odds for each sport are listed below. Odds are given the following rankings: best, above average, average, below average, and worst.
Feature | DraftKings Sportsbook | FanDuel Sportsbook | 888sport | SugarHouse Sportsbook | FOX Bet | William Hill | PointsBet |
NFL Moneyline | Best | Best | Below Average | Worst | Above Average | Above Average | Average |
NFL Spread | Below Average | Average | Avg. worse than -110 per side | Below Average | Above Average | Average | Above Average |
NBA Moneyline | Above Average | Worst | Best | Above Average | Worst | Best | Average |
NBA Spread | Below Average | Average | Avg. worse than -110 per side | Below Average | Below Average | Average | Above Average |
MLB Moneyline | Average | Average | Worst | Average | Worst | Average | Worst |
MLB Spread | Average | Above Average | Worst | Above Average | Above Average | Best | Average |
NHL Moneyline | Best | Worst | Below Average | Below Average | Above Average | Above Average | Above Average |
NHL Spread | Below average | Above Average | Worst | Below Average | Below Average | Best | Above Average |
Soccer Moneyline | Above Average | Above Average | Best | Best | Below Average | Above Average | Worst |
NCAAF Moneyline | Worst | Below Average | Worst | Best | Best | Below Average | Above Average |
NCAAF Spread | Below Average | Average | Avg. worse than -110 per side | Below Average | Above Average | Average | Average |
Deposit Options
Here is a comparison of deposit options amongst top NJ sports betting apps.
Feature | DraftKings Sportsbook | FanDuel Sportsbook | 888sport | SugarHouse Sportsbook | FOX Bet | William Hill | PointsBet |
Minimum Deposit | $5 | $10 | $10 | $10 | $10 | $5 | $5 |
Total Deposit Methods | 8 | 7 | 6 | 6 | 7 | 5 | 4 |
No Debit/Credit Card Deposit Fees | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Deposit Min/Max - Debit/Credit Card | $5/$2,000 | $10/Varies | $10/Varies | $10/Varies | $10/Varies | $20/$1,000 | $5/Varies |
PayPal | Yes | Yes | Yes | No | Yes | Yes | No |
Deposit Min/Max - PayPal | $5/$2,000 | $10/Varies | $10/Varies | N/A | $10/Varies | $5 | $5/Varies |
Withdrawal Options
Here is a comparison of withdrawal options amongst top NJ sports betting apps.
Feature | DraftKings Sportsbook | FanDuel Sportsbook | 888sport | SugarHouse Sportsbook | FOX Bet | William Hill | PointsBet |
Minimum Withdrawal | $1 - $15 | None Listed | $10 | $10 | $10 | $20 | None Listed |
Total Withdrawal Methods | 4 | 5 | 4 | 5 | 5 | 6 | 2 |
No Withdrawal Fees - Check | Yes | Yes | Yes | Yes | Yes | Yes | Yes |
Check Payout Speed is < 10 days | Yes | Yes | Yes | Yes | Yes | No | Yes |
Withdrawal Min/Max - Check | $5/Varies | $10/Varies | $10/Varies | $10/Varies | $10/$8,300 | N/A | $5/Varies |
Withdrawal Min/Max - PayPal | $5/Varies | $10/Varies | $10/Varies | N/A | $10/$8,300 | $20 | $5/Varies |
New Jersey Sports Betting Timeline
Here is a short timeline of how New Jersey sports betting became a reality:
- 2009 to 2012 - Senator Ray Lesniak led a lawsuit trying to overturn a federal law prohibiting sports betting. The court ruled that Governor Christie had to be the one to lead the suit. In 2012 Governor Christie signed legislation to legalize sports betting at the state’s casinos and racetracks, only to be sued by the professional sports leagues.
- 2012 to 2017 - The public perception of sports betting shifted a bit. Adam Silver, the NBA's current commissioner, was a notable proponent in speaking in favor of sports betting. In 2017, the Supreme Court agreed to hear New Jersey’s case for legalizing sports betting.
- 2018 - The Supreme Court voted to overturn the federal ban on sports betting in May. New Jersey, eager to offer sports betting, allowed the first retail sportsbook (Monmouth Park) to open in June, and the first online sports betting app (DraftKings) in August.
- 2020 - There are now 17 online sportsbooks available in New Jersey, making it the premier state to bet on sports online. New Jersey residents have the widest selection of sportsbooks to choose from, giving them access to more promotions and bets.
Best New Jersey Sportsbooks Summary
Below is a summary of the best online sportsbooks currently available in New Jersey.
Feature | DraftKings Sportsbook | FanDuel Sportsbook | 888sport | SugarHouse Sportsbook | FOX Bet | William Hill | PointsBet |
Overall | 5 | 5 | 4.5 | 4.5 | 4 | 4 | 4.5 |
Sports & Bets Offered | 5 | 4.5 | 5 | ||||
Odds | 3.5 | 4 | 2.5 | 3.5 | 4 | 5 | 4.5 |
Banking Options and Fees | 4.5 | 4.5 | 4 | 4.5 | 0 | 3.5 | 0 |
Live Betting | 5 | 5 | 4.5 | 5 | 4 | 3.5 | 3 |
Mobile Betting | 5 | 4.5 | 5 | 4.5 | 4 | 4 | 4.5 |
Education | 4 | 3.5 | 4.5 | 3.5 | 2 | 3.5 | 4.5 |
Bonuses & Promotions | 0 | 5 |
DraftKings Sportsbook
DraftKings delivers the ultimate package for sports bettors, including unique contests and bet types, industry-leading pre-game statistics, excellent education for beginners, Daily Fantasy contests, and private pools with friends. This outstanding all-round experience makes DraftKings our top overall sportsbook in 2020. Read full review
Minimum deposit: $5
Who choose DraftKings Sportsbook:
New Jersey Betting Account
- Great for beginners. DraftKings’ noteworthy educational materials include guidance on how to bet and different bet types, as well as sport-specific guides that cover common strategies for betting success.
- Unique bets and contests. The variety of sports and bets offered —one of the largest selections of unique bet types and contests we’ve seen — and an excellent live betting experience makes DraftKings one heck of a sportsbook.
- Bonuses: Promotions change throughout the year, but typical ones include risk-free bets up to $1,000 for new bettors, and deposit matches, among others. Keep in mind there are typically rollover requirements attached to each bonus.
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FanDuel
FanDuel Sportsbook is a winner in 2021 for its easy-to-use website and mobile app, variety of prop bets, and its top-of-the-line live betting. FanDuel combines all of that with competitive odds and daily fantasy sports integration to deliver one excellent sportsbook. Read full review
Minimum deposit: $10
Why choose FanDuel Sportsbook:
- Excellent mobile app. With its focus on usability, we found the FanDuel Sportsbook app to be one the best-designed apps overall.
- Great for bettors. High-quality live betting, variety of bets offered, and noteworthy odds are all features new and experienced bettors will appreciate.
- Bonuses: Promotions change throughout the year, but typically FanDuel offers a risk-free bet up to $1,000, and several other smaller seasonal offerings. Keep in mind there are typically rollover requirements attached to each bonus.
New Jersey Betting Apps Updates
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PointsBet
PointsBet brings a new style of betting to the United States, and frankly, I'm a huge fan. PointsBetting is unique and fun enough to justify opening an account with PointsBet, regardless of whether you have other sports betting accounts. While some sportsbook functions, such as live betting, can be improved, PointsBet offers good odds and an excellent palate of bets to choose from. Read full review
Minimum Deposit: $5
Why Choose PointsBet:
- You’re interested in PointsBetting. PointsBetting takes a spread, total, or prop bet and makes it a variable bet until the end of the game. The idea is, the more correct a bettor is, the more they win, and vice versa.
For example, let's say you bet $10 on the Dallas Cowboys (-3) against the Jacksonville Jaguars (+3). If Dallas wins 24-20, you covered the spread and won by one point. For this example, you multiply your $10 wager by one, for a total win of $10. If Dallas wins 26-20, you covered the spread and won by three points. For this example, you multiply your $10 wager by three, for a total win of $30. If Dallas loses 17-20, you lost the spread by six points (the three Jacksonville won by plus the three Dallas was favored). For this example, you multiply your $10 wager by six, for a total loss of $60. - Bonuses: Typically, PointsBet offers two risk-free bets up to $500 on the first fixed odds bet and PointsBetting Bet, as well as various seasonal promotions. Keep in mind there are typically rollover requirements attached to each bonus.
What New Jersey Casinos Offer in Person Sports Betting?
Residents of New Jersey can bet on sports in-person at the following casinos. You can bet at any of these casinos regardless of what mobile app(s) you use and vice versa.
- Bally’s Casino - Atlantic City
- Borgata Casino - Atlantic City
- Golden Nugget - Atlantic City
- Harrah’s Casino - Atlantic City
- Meadowlands - East Rutherford
- Monmouth Park - Oceanport
- Ocean Resorts - Atlantic City
- Resorts Casino - Atlantic City
How do I bet online in NJ?
- 1. Create an account. Every online sportsbook has an online website as well as a mobile app. To create an account on the app or website, you will need your name, address, phone number, and email address. Some sportsbooks might ask for more information such as social security number; which is normal.
- 2. Fund the account. Deposit money into your newly created account. In New Jersey, standard banking methods include credit/debit cards, PayPal, ACH (e-check), Bank Transfers, Play+ Cards, and PayNearMe.
- 3. Add your bet(s) to the betslip. To do this, click on the bet that you want to place.
- 4. Select the wager amount. Enter the amount of money you want to wager. The bet slip will display your total wager and potential payout. Keep in mind, the potential payout includes the money that you are wagering. For example, in the screenshot below, you are betting $10 to win $8.80. Thus, the potential payout is $18.80 (total wager $10 + potential winnings $8.80).
- 5. Finalize the bet. Place your bet and set an alarm for game time!
- Online Sports Betting - Legal (launch - 2018)
- Online Horse Betting - Legal
- Daily Fantasy Sports - Legal
- iGaming (online slots) - Legal (launch - 2018)
- Online Poker - Legal (launch - 2018)
- Online Lottery - Not Offered
- Offshore Sportsbooks - Not Legal
- Borgata
- New Jersey Devils (NHL) Team Website // Schedule // News
- New York Red Bulls (MLS) Team Website // Schedule // News
- New York Giants (NFL) Team Website // Schedule // News
- New York Jets (NFL) Team Website // Schedule // News
- Football - NFL, NCAA, CFL
- Basketball - NBA, NCAA, WNBA, International Leagues
- Soccer - English Premier League, MLS, International Leagues
- Baseball - MLB + International Leagues
- Hockey - NHL + International Leagues
- Golf - PGA Tour, LPGA Tour, International Leagues
- Tennis - All Major U.S. Tournaments + International Matches
- Other Sports - UFC/MMA, Motor Sports, Boxing, Cricket, etc.
- Odds have either a plus or minus in front of them.
- Odds are in terms of 100.
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What types of gambling are legal in New Jersey?
New Jersey has quite the selection of online gaming products to choose from. Heres are the forms of gambling legal in New Jersey:
New Jersey Online Poker
Unlike sports betting and online casino games, there are only a few options for online poker. The best apps to bet on sports and play online poker in New Jersey are:
The following New Jersey sportsbooks also offer online poker:
There are also a couple of standalone poker sites that don’t offer sports betting, such as WSOP NJ and PartyPoker. New Jersey residents are able to play other players in legalized poker states across the country, including Delaware, and Nevada residents.
New Jersey Online Slots and Casino Games
In New Jersey, almost all sports betting apps offer online casino games, such as poker, blackjack, roulette, and slot machines. Here’s the full list: DraftKings Sportsbook, FanDuel Sportsbook, Bet America, FOX Bet, 888sport, Caesars, Golden Nugget, Unibet, Bet365, BetMGM, Borgata, Hard Rock, Resorts, William Hill, and SugarHouse.
Here are the best sportsbooks in New Jersey that also offer online casino games:
There are also online casinos such as Tropicana Casino and Virgin Casino that only offer casino games and do not offer sports betting.
Popular New Jersey Sports Teams
New Jersey only has a few professional sports teams to bet. Residents of New Jersey can bet on all professional teams, which includes:
What sports leagues can I bet on in New Jersey?
Almost all domestic and international leagues are available to bet on with New Jersey sportsbooks:
How to Read Odds
Odds represent the likelihood of an outcome occurring. In sports betting, each team is assigned odds that represent the likelihood of them winning the game. American odds are what you will see displayed on every U.S. sportsbook and sports betting app.
The first thing you will notice when reading odds will be that:
Betting Odds are written in terms of 100 as an industry standard. The easiest way to think of the plus and minus signs is as follows: If it is a plus, you will receive more than a $100 payout on a $100 bet. If it is a minus, you will have to bet more than $100 to win a $100 payout.
Thankfully, you can view your potential winnings on each bet before placing it at an online sportsbook. That said, it is beneficial to understand the betting odds.
Keep in mind for both spreads and totals, if the game ends in a draw for the bet, you get your stake back but do not win or lose any additional money.
What is a Moneyline bet?
A moneyline bet is a wager on which team will win the game outright. Both the favorite and the underdog are given odds to win the game. View sample bet slip.
Moneyline Odds | How to Read it | What it Means |
---|---|---|
Lions +130 | Lions plus 130 | By betting $100 you will win $130 if the Lions win |
Packers -150 | Packers minus 150 | To win $100, you must wager $150 on the Packers to win |
What is a Spread bet?
A spread bet is a wager on which team will cover the spread or point spread. Underdogs will be given additional points with the spread, while the favorite will have to win by a certain amount of points to cover the spread. View sample bet slip.
Spread Odds | How to Read it | What it Means |
---|---|---|
Lakers + 5 (-110) | Lakers plus 5 points at minus 110 odds | The Lakers must win the game, or lose by less than 5 for you to win your bet |
Rockets -5 (-110) | Rockets minus 5 points at minus 110 odds | The Rockets must win the game by more than 5 points for you to win your bet. A tie is a push, meaning you don't win or lose. |
What is an Over/Under (Total) bet?
An over/under bet focuses on how many points are scored, regardless of who wins the game. After a total point score has been set, bettors can wager whether the game's actual score will be over or under the preset point score. View sample bet slip.
Total Odds | How to Read it |
---|---|
Over 7 (-115) | In order to win $100, you must bet $115 on the overall combined run score to be higher than 7 |
Under 7 (-110) | In order to win $100, you must wager $110 on the total combined run score to be less than 7 |
More of a visual person? Here's a YouTube video covering moneyline, spread, and total bets.
What is a Parlay bet?
A parlay bet is a group of bets, typically spread, moneyline, or total bets, combined into one bet to increase the payout odds. Every separate bet must win to win a parlay bet. View example bet slip.
What is a Future bet?
A futures bet is a bet on an event that takes place in days, weeks, or months. The most common future bets are placed on what team will win the finals before the season starts. View example bet slip.
What are Bonus Rollover Requirements?
Rollover requirements are requirements bettors MUST fulfill before they can withdraw the bonus money. Each type of bonus has different terms and conditions, which you should examine before accepting.
Rollover requirements for sports betting often range between 1X-10X, with some extreme requirements going all the way up to 15X. For example, let’s say you deposit $100 and receive a $50 bonus with a 5X rollover. Before you can withdraw the $50 in bonus funds, you have to wager $750 (($100 + $50)x5). Clearly, the $50 bonus is a lot harder to obtain if you don’t bet frequently.
This table gives you an idea of how much you will have to wager before withdrawing your bonus at multiple rollover rates. We will assume each deposit made is $100.
Bonus Percentage ($100 Deposit) | Bonus Amount | Bonus Withdrawal with 1X Rollover | Bonus Withdrawal with 3X Rollover | Bonus Withdrawal with 5X Rollover | Bonus Withdrawal with 10X Rollover |
---|---|---|---|---|---|
25% Deposit Match | $25 | (100+25)x1 = $125 | (100+25)x3 = $375 | (100+25)x5 = $625 | (100+25)x10 = $1,250 |
50% Deposit Match | $50 | (100+50)x1 = $150 | (100+50)x3 = $450 | (100+50)x5 = $750 | (100+50)x10 = $1,500 |
100% Deposit Match | $100 | (100+100)x1 = $200 | (100+100)x3 = $600 | (100+100)x5 = $1,000 | (100+100)x10 = $2,000 |
Is Sports Betting Legal in NJ (New Jersey)?
New Jersey was at the forefront of fighting against the Professional and Amateur Sports Protection Act (PAPSA), which previously made sports betting illegal in all 50 states. In May of 2018, this law was overturned, giving each state the power to set its own sports betting and internet gaming laws. New Jersey quickly legalized online sports betting, iGaming (online slots), and online poker. New Jersey takes in almost as many bets as Nevada, with other states using it as a benchmark for legislation.
Are there any prohibited bets in New Jersey?
Currently, New Jersey residents are prohibited from betting on any college games played in New Jersey. Also, betting on college teams from New Jersey is not permitted. This means you cannot bet on Rutgers, Seton Hall, Farleigh Dickinson, Monmouth, or Princeton, regardless of where they play.
How old do you have to be to bet on sports in New Jersey?
Anybody who is 21 years or older can bet on sports in New Jersey. As long as you are 21 and within state lines, you do not have to be a New Jersey resident to bet on sports.
If you live in New Jersey and travel to a state that does not have legal betting, you will not be able to bet. Your phone or laptop uses geo-technology to make sure you are within state lines. The only people prohibited from betting on sports include athletes, coaches, refs, and other related personnel.
Do you have to pay taxes on sports betting in NJ?
According to the IRS, “Gambling winnings are fully taxable, and you must report the income on your tax return.” Form W-2G is used to report gambling winnings and gambling losses, which may be deduced if adequately itemized.
For online gambling winnings, residents must send in Form W-2G when certain winning thresholds are reached. For example, if a player wins more than $600 or at least 300 times the wager amount, the form must be filled out.
Is it legal to bet on horse racing in New Jersey?
It is legal to bet on horse racing in New Jersey. Residents can bet with legal online providers such as TVG, BetAmerica, and TwinSpires. You can not bet on horses from New Jersey sportsbooks, except for BetAmerica, which offers different websites for its sports betting and horse racing products. BetAmerica does not currently offer sports betting to residents of New Jersey.
Does New Jersey offer an online lottery?
No, New Jersey does not currently offer an online lottery.
Is DraftKings sportsbook legal in New Jersey?
DraftKings is a safe and legal sports betting option for residents of New Jersey. DraftKings obtained its license from Resorts Casino.
Is FanDuel sportsbook legal in New Jersey?
FanDuel is a safe and legal sports betting option for residents of New Jersey. FanDuel obtained its license from Meadowlands.
Is Bovada legal in New Jersey?
Bovada, BetOnline, and MyBookie are considered offshore sportsbooks and are illegal. These sportsbooks are not approved by the New Jersey Division of Gaming Entertainment, which regulates all legal New Jersey sportsbooks.
Methodology
For the first BettingBuck.com annual best online sportsbooks review a total of 2,300 data points were collected over six months and used to score 18 sportsbooks.
Sports betting sites were scored across seven core categories to compute an overall rating: sports and bets offered, odds, live betting, mobile apps, educational resources, ease of use, and bonuses and promotions.
Additionally, odds data was collected on over 1,400 bets to give each sportsbook a comparative odds ranking. We collected odds for spread, moneyline, and total bets for over 75 NFL games, 75 MLB games, 75 NBA games, 75 NHL games, 75 Soccer games (various leagues), 75 NCAA Football games, and 75 NCAA Basketball games. When collecting odds, we made sure to collect the same games at the same time for each sportsbook, ensuring data accuracy.
Learn more about how we test.