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Online Sports Gaming Industry in New Jersey – A Brief Analysis Of The Industry

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In May 2018, New Jersey became the third state in the United States to legalize sports betting – after Nevada and Delaware. This was after the Supreme Court repealed the Professional and Amateur Sports Protection Act (PASPA), which allowed states to regulate sports betting on their own. Ever since its establishment, NJ betting sites has developed to become one of those at the forefront of sports betting in the United States.

Through adequate regulation and monitoring by different authorities in the state such as Division of Gaming Enforcement and New Jersey Racing Commission, sports betting has proven to be a fun and safe activity for residents of New Jersey. It has also proven to be an effective means of revenue generation for the state.

Although there are only a few rules available for sports bettors in New Jersey to adhere to, some of them change in line with current circumstances and their particular sportsbook. However, some rules apply to every sportsbook and circumstance, such as:

  • Every player must be at least 21 years old to play
  • Wagers must not be placed on any high school competition
  • Bets must not be placed on any collegiate event that occurs in the state
  • As long as an event involves a college or university from the state, wagers cannot be placed on the event even if it takes place outside New Jersey
  • Any personnel, be it a referee, coach, player, etc., must not bet on their sport if there will be a conflict of interest

New Jersey Sports Betting Sites

Some of the sports betting sites in the state are:

DraftKings Sportsbook; BestStars NJ; FanDuel Sportsbook; SugarHouse Sportsbook; William Hill NJ; Caesars Sportsbook; BetMGM; FOXBet; 888 Sport; Hard Rock Online; Golden Nuggets Sportsbook; Resorts Online Sportsbook; Ocean Resort; Borgata Sports; bet365; Bally’s; BetAmerica Sportsbook; Harrah’s; CG Technology; Unibet; TheScore, etc.

DraftKings Sportsbook

DraftKings was the first online sportsbook to launch in New Jersey, and it has since established itself as one of the best, hence, one of the most popular online sports betting sites in the state. This online betting app provides its players with a wide range of bets. It also provides flexibility in placing these bets as there are different betting opportunities. DraftKings also makes betting easy as it allows bettors to place as low as 10 cents for a single bet.

BetMGM

About three weeks after the debut of DraftKings, BetMGM launched thereby becoming the second app to debut in New Jersey. After its release, BetMGM became immediately available on Android devices alone. It was after about two months that it finally launched an iOS app for its Apple customers.

For fans of MGM or Borgata, the debut of BetMGM was a soothing relief to the monopoly that DraftKings enjoyed in its first couple weeks of establishment.

SugarHouse Sportsbook

SugarHouse Sportsbook was established less than 24 hours after BetMGM became the singular competition for DraftKings Sportsbook. It was the first online betting site to integrate fully with the already existing online casino. Also, this online betting site allows bettors to log on to playsugarhouse.com where they can select the appropriate tab that allows them to place bets on their favorite teams.

SugarHouse Sportsbook enables its players to earn rewards that accumulate in only one repository. The site works well and intuitively on mobile devices and browsers. It also offers a live ticket concept similar to the one DraftKings offers.

FanDuel Sportsbook

FanDuel is the archrival of the first launched app in New Jersey, DraftKings Sportsbook. This app, powered by a partnership with IGT and Paddy Power Betfair, is a powerful product that was designed to hold its own in competition with other online sportsbooks. It features a betting carousel, along with a wide range of flexibility. FanDuel Sportsbook also accepts wagers that are as low as 10 cents for every bet.

Caesars

Caesars Sportsbook was the sixth online sportsbook to launch in New Jersey, and it is available on both Android and iOS devices. Like SugarHouse, this sports betting app has a sportsbook that is fully integrated with other features. Furthermore, the app offers an efficient degree of functionality.

888 Sport

One of the unique features of 888 Sport is its granular in-game betting. This feature allows its players to place wagers on every little detail of any individual sporting event with ease. It also renders individual points as well as outcomes of single plays readily available for betting. Hence, a bettor can place up to a hundred wagers on a single contest. Its granular betting feature further promotes its game cast feature.

This game cast feature enables players to monitor the progress of a certain sporting event without necessarily giving all their time to it. It provides detailed imagery of events that players’ eyes can easily track without much effort.

The Conclusion

There are many sports betting sites in New Jersey, but those above are the most popular, and some will say, the best. Before you engage in any betting activity, however, educate yourself about the rules and regulations that guide the activity in the state.

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