New Jersey Legal Sports Betting

The establishment of sports betting in New Jersey has been years in the making as the state pursued a legal battle that culminated in last month’s landmark United States Supreme Court decision. Feb 02, 2021 Yes, sports betting is legal in New Jersey. Phil Murphy signed NJ sports betting into law in June 2018, and the first legal bets were placed three days later. The first online/mobile sportsbooks went live in July. Who offers NJ sports betting?

Legal sports betting continues to grow in New Jersey heading into the 2020 NFL season. Fans of the New York Giants, or any other team, can sign-up at BetMGM Sportsbook to get action on their favorite team this season.

SportsbookWire.com has beginner bettors covered. Our legal online sports betting 101 guide for new bettors explains how to bet on the moneyline, against the spread and the Over/Under. We’ll also break down how to read odds in search of value on the betting odds and lines, and discuss the advantages of mobile betting when looking to bet the Giants this season.

New York Giants’ 2019 betting results

The Giants struggled to a 4-12 record last season, going 4-12 straight up on the moneyline. They were favored in just five games and went 3-2 outright in those games.

Big Blue fared slightly better against the spread with a 7-9 record against the projected line. They lost by 6.9 points per game in 2019 and failed to cover the spread by an average of 3.1 PPG.

A 30th-ranked defense with 28.2 points allowed per game contributed to their 10-6 record against the Over/Under. Their games topped the projected point total by 4.2 PPG with the opposition doing the bulk of the scoring.

How to bet on the Giants: Bet types

Moneyline (ML) betting

The moneyline is the first stop of sports bettors as the easiest way to get betting action on a game. Pick one team to beat the other. Odds are impacted by the NFL standings, recent performance, injuries and historical head-to-head records. Books will also adjust the odds and lines throughout the week based on which side is drawing the largest share of the betting action.

Home teams are often given an innate edge in the NFL, but that could change for the Giants (and New York Jets) in 2020. There will be no fans permitted at MetLife Stadium this season. The G-Men shared the second-worst home record in 2019 at 2-6.

Against the spread (ATS) betting

Moneyline bets are best for backing underdogs to win outright in an upset as there’s greater profit with a winning ticket. The spread is how to bet favorites.

A point spread sets a line (i.e. 3.5) for how many points a favorite will need to win by or the underdog will need to stay within in a loss for the bet to cash. The odds can be skewed in an attempt to steer betting action but are generally set equally on both sides of the line.

Example: The Giants opened as 3-point home underdogs against the Pittsburgh Steelers in Week 1. They would need to lose by 1 or 2 points or win outright in order for an ATS bet to cash. The Steelers would need to win by 4 or more points. Both teams have -110 odds on either side.

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Over/Under (O/U) betting

Betting the Over/Under, or total points scored by both teams, asks for how many points the two teams will combine to score in a game. It can be a good place to look as a neutral viewer or when trying to eliminate personal bias.

NFL point totals typically range from the low 40s to mid-50s but can extend in either direction based on the matchup, injuries or television slot. Like with spreads, the odds are typically equal for both the Over and Under, but they can differ in an attempt to draw in more bets on a particular side.

How to bet on the Giants: Understanding odds

Moneyline favorites can range from -125 to -455 (or lower) early in the season. A $10 bet would return a profit of $8 or $2.20, respectively. The latter is referred to as a chalk play and is best avoided as the return isn’t worth the risk.

Underdogs can be +105 to +350 for profits of $10.50 and $35, respectively, on a $10 bet. All odds can extend further in either direction later in the season as separation grows in the standings.

Spread and Over/Under odds are typically kept within a tighter range of -120 to +120, but are typically set at an equal -110 on either side. The 10-cent loss on a winning bet is how the sportsbook makes its money as what’s called the juice or vig.

How to bet on the Giants: Live/mobile betting

BetMGM has a terrific mobile sports betting app, which will surely be a second-screen trend for Giants fans in 2020 and beyond. Sports bets can be placed anywhere, anytime leading up to and after the opening kickoff. The ability to place wagers on live, updated odds allows bettors to double-down on pregame bets or flip sides based on the early results.

Scoring plays, big gains, turnovers or injuries affect the lines and odds in either direction. Following along with the game and knowing when the live odds don’t match the eye test is a great way to get value and beat the book. Acting early before the book has time to adjust the odds is even better.

Get some action on the New York Giants or other NFL teams in 2020 by signing up and betting at BetMGM. If you’re looking for more sports betting picks and tips, access all of our content at SportsbookWire.com. Please gamble responsibly.

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New Jersey saw sports wagering get legalized in the state back in 2018. Over the years, the betting entities have grown in number, leaving players spoiled for choice when it comes to online gambling platforms to choose from. New Jersey was among the states that spearheaded the debate on lifting one of the bans that prohibited sports wagering outside the state of Nevada.

Ever since NJ Sports-betting legalization, this Garden State has transformed into a wagering powerhouse. Today’s read will focus on all matters sports-wagering in New Jersey, providing you with interesting insights that you will absolutely love. Read on!

Tax Rates on Sport Betting NJ

The NJ sports-betting law requires that there is an 8.5% tax charged on revenue generated from sports-betting in the state. A 13% tax is charged on the revenue from land-based casinos and a 14.25% tax charge on revenue from racetrack related sporting venues. While the tax charged on casinos that are land-based in New Jersey are higher than that charged in Nevada, it remains lower than that of states like Pennsylvania, giving NJ quite an edge above the rest.

What are some of the benefits of Lawful Online Sports-Betting in NJ?

While there are several benefits associated with wagering at NJ online sports books that are legal, it all starts with your security and safety as a player. The NJDGE (New Jersey Division of Gaming Enforcement) sees to it that all authorized sportsbooks in New Jersey are not only licensed, but also regulated.

The application process is highly rigorous just to ensure compliance with the existing gambling laws. If any sports book is in violation of the NJDGE stipulated guidelines, then they are liable to paying hefty fines.

Rest assured that the NJDGE exists to safeguard you as a gambler. Even if odds will vary from one sports book to another, this body closely monitors them all, ensuring that you bet in an environment that is not only legal, but also secure and utterly safe. If you go ahead and gamble in an illegal offshore site, you will have yourself to blame as these are not regulated by the NJDGE. As such, it is paramount that you maintain your game play within the state’s borders, where you can count on the protection of the regulators.

NJDGE regulated sports books are highly convenient, allowing you to place your wager from anywhere, provided you are within the state’s borders. It does not matter if you are a NJ resident or not; geo-location technology makes it possible for you to place your bets from any place within the state’s lines. Additionally, NJDGE regulated sports books are available for download both on IOS and Android operated mobile devices, seeing to it that players enjoy gaming on the go.

New Jersey Sports Betting Apps

The state of NJ is dotted with racetracks and casinos from where players can enjoy land-based gaming. In addition to this, players can enjoy gaming online at the comfort of their homes. Below are just but a few of the best New Jersey Sports-Betting Apps:

DraftKings

This was the first online based sports betting site to ever launch in New Jersey after legalization of online sports betting in the state. Its bonus offers, design and speed are just some of the things that make it a favorite for most. Additionally, it boasts an array of betting options, allowing for players to enjoy diverse betting from beginning to end.

William Hill

This sports book is probably best known for its land based sports-wagering establishments globally. However, over the years, it has continued soaring in the online wagering business, living up to its reputation. If you are planning to wager on New Jersey Devils’ events, then it would please you to know that William Hill Sports Book has partnered up with them.

BetMGM

If you are in search of a mobile Application that is not only easy to navigate, but also user friendly, you have to try out BetMGM.one thing that you will appreciate even more with this sports book is its swift cash outs, which allows for bettors to settle their bets even before a game comes to an end. It also features overtime insurance and an array of odd boosts.

FanDuel

If you have ever heard of this one, you know that it is not a basic application. As a matter of fact, it tends to top the list when it comes to players’ favorite sports betting Apps in NJ. To enjoy game play on it, you could just visit the FanDuel website or download the App from either your IOS or Android mobile device. This Application comes packed with numerous wagering options, impressive graphics, tons of incentives as well as an easy-to-use approach.

888Sports

Probably known for its top-notch graphics, 888Sports is a reputable operator that guarantees players safety and security. It can be accessed through Android and IOS operated mobile devices. It features impressive in-play betting options and lots of other popular bets.

PointsBet

You will love this one for the mere fact that its betting choices are out of this world. It brings New Jersey bettors both local and international sporting events to wager on. In addition to this, it features a unique ‘Points Bet’ option which awards players bigger returns whenever they make accurate predictions.

Considerations to make before choosing a NJ Online Sports Betting Site

Bonus offers & Incentives

In New Jersey, it is common practice for online sports books to offer promotions, bonuses and other incentives to bettors. This is because the gambling industry is highly competitive, and each of the operators want you to come on board. As such, be sure to take advantage of all these promotions by choosing a provider that is generous in nature, especially at the sign-up stage. Examples of bonuses include free bets, deposit match ups and welcome bonuses.

Safety

For the best experience, be sure to choose an operator that is regulated and licensed by the NJDGE, which is the Division that runs all matters related to online wagering in the state. The beauty of working with a reputable and legit provider is that your safety and peace of mind are both guaranteed.

Design and Ease of Use

Sport bettors in NJ are spoiled for choice when it comes to online wagering operators to choose from. However, none of these providers are the same; each has its own theme, graphics, design and layout. As such, be sure to look out for the site that best impresses you even in terms of navigation and user-friendliness.

Payment flexibility

All authorized New Jersey-based sportsbooks want you to have a seamless withdrawal and deposit experience. Be sure to work with an operator that is not limited in scope when it comes to matters funds. The more the options you have at your disposal, the easier better it is for you.

Wagering Options & Odds

Depending on the betting choices available, odds usually fluctuate from one site to another. In addition to this, the wagering range differs with some providers having more inclusive options as compared to others. Be sure to do your due diligence and choose a site with a more robust selection.

Types of Incentives, Promotions & Bonuses Offered at New Jersey Sports-Betting Sites

There are several NJ online sports-gambling Apps out there, which means that competition for market is equally stiff. As such, sports books have come up with creative promotions meant to lure bettors into signing up with them, and hopefully remaining loyal. Below is a list of some of the most common incentives:

First-time deposit offer

Upon registering for an account and making your initial deposit, the sports book operator matches this amount either partially or in full. In most cases, this bonus should be utilized within a specific timeframe. Sometimes, online gambling operators in New Jersey are so generous that they give reload bonuses to existing customers!

Risk-free bet

Just for encouragement, your operator of choice will ‘refund’ your funds if you lose on your first bet upon signing up by way of matching the wager you made in your account.

Free bet

This is a random cash bonus! Here, you are either required to make a bet within a specific timeframe or wager with a certain minimum amount to trigger the bonus.

Odds boost

This incentive is done only by a few operators, and it is given on very specific games. For instance, if the NJ Devils appear on an operator’s list at +150 odds in a match against NY Islanders for instance, the sports book may choose to boost the odds to +200 for all the Devil supporters.

Parlay insurance

This incentive is relatively new in the market, and New Jersey Online Sports-Betting entities are embracing it quite well. Here, if you had bet on a parlay, and all your predictions come true except for one, the operator will refund your wager. Most of the time, the parlay should contain a minimum of 4 selections, and the teams in question should be huge favorites.

Loyalty programs

For your loyalty, you will be given a kind of reward by your operator of choice. as a rule of thumb, the more you bet, the higher the reward you scoop. You can get this bonus in the form of points or even cash.

NJ Sports-Betting Choices

Money Lines

New Jersey Online Sports Betting

Sports books usually set points to a given game. A money line bet involves a player placing his wager based on the points or odds that are set by the operator. For instance, if team A (-150) happens to be playing with team B (+130), then the bettors should wager $100 in order to win $130 if team B wins or $150 to win $100 if team A wins.

Parlay

A parlay bet requires the player to place multiple bets instead of just one. In order to win real cash on such a bet, all your predictions need to be true. It might be risky, but the beauty is that upon winning, the payoffs are quite lucrative. Additionally, the initial bet amount is quite friendly given the high odds.

Spread

Here, the bettor bets on his or her favorite based on pre-set points. If they win by surpassing those points, then the bettor wins some profitable rewards.

Futures

As the name suggests, this is a futuristic kind of bet where a bettor wagers on a player or team, where the results are expected at a later date. A great example here is betting on your favorite team to win in the Super Bowl even before the season has started.

Teasers

With a teaser bet option, you can adjust a game’s point spread. The catch here is that the operator gives you less odds. To keep things interesting, this wager comes in Parlay format. What this means is that a 4-point teaser would require a bettor to make the same adjustment they make on one bet to all the other three bets.

Over/Under

This refers to a bet in which the bettor predicts that the game’s overall score will either be over or under the cumulative points of both teams scores or goals.

New Jersey Legal Sports Betting Websites

Round Robin

If you are more risk averse, then this right here is the gamble you need to consider. Unlike the parlay, a round robin does not require for all your choices to win. Here, the player creates three different parlays, each containing two teams. This is a less risky gamble, and its payouts are considerably less than those of a conventional parlay.

In-game

In play betting has been the new kid on the block for quite some time now. In this type of bet, a player has the luxury of placing their wager even after the game has started. This betting option is highly engaging and exciting as things happen right in the moment!

Major Sport Leagues That I Can Wager on in NJ

Sports Books in New Jersey offer bettors the unique privilege to place their wagers on as many international leagues as their minds allow them to imagine. For football, the major leagues are NCAA, NFL and CFL; for baseball, the MLB takes over; for basketball, the WNBA, NBA, EuroLeague, and NCAA feature; for hockey, NHL; for Soccer, EPL, MLS and English Champions League; for golf, LPGA Tour and PGA tour; for tennis WTA and ATP; for Auto Racing, Formula 1 and NASCAR, and for Martial Arts, UFC. In addition to this, NJ was the first state in the US to allow for wagers on Academy Awards to happen.

What sports can one not wager on in New Jersey?

You are not allowed to bet on any NJ College sports-team or on any College sports-related event that happens in NJ. This means that you cannot bet on Rutgers Basketball, Rutgers football, Seton Hall, Monmouth and Fairleigh Dickinson. In addition to this, players cannot place their wagers on NJ’ High School events that are sports related. Another restriction in NJ Sports-Betting is that interested parties such as coaches, players and referees should not place bets on their own teams.

FAQ

To wager, all bettors are required to be at least 21 years old

Feel free to visit any land-based casino in the state, or even sign up at an online gambling establishment in the city.

New Jersey Legal Sports Betting In Ohio

Be sure to look out for the New Jersey Devils (NHL), the New York Jets and New York Giants (NFL)

New Jersey Legal Sports Betting In Illinois

All casino operators in addition to their 2 defunct racetracks and 3 active ones can apply for online gambling licensing in New Jersey. All online sports books need to be linked to a physical location.

New Jersey Legal Sports Betting Odds

As at March 2020, NJ has a total of fourteen mobile/online licensed sports books.

The New Jersey Division of Gaming Enforcement (NJDGE) is charged with the responsibility of controlling and regulating the sports-betting as well as casino-gaming enterprise.

New Jersey Sports Betting Law

As a bettor, you need to be on the lookout for your safety and security above everything else. While winning huge rewards is also important, it should not be at the compromise of your security. NJDGE is in existence for the sole purpose of looking out for your interests as a gambler.
They closely monitor sports books to make sure that they operate while following the stipulated gambling guidelines and regulations. They are in charge of issuing licenses to operators as well. Playing at a site that is licensed by this institution ensures that you are protected and that your payouts get to you as they should.