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Legal sports betting has arrived at casinos and racetracks across New Jersey.
The state’s first bets were made at 10:33 a.m. June 14 at a ceremony held at Monmouth Park’s William Hill Race & Sports Bar.
DraftKings became the first company to offer legal online sports betting in New Jersey on Aug. 6. In short order, more online sportsbook apps entered the market ahead of NFL season.
And the market continues to grow.
NJ sportsbooks and online sports gambling sites
There are now nine NJ online sports betting apps available and nine retail sportsbooks. Here’s a list of the racetracks and casinos jumping into the NJ sports betting market:
Online sportsbooks and gambling partnerships
|Online Sportsbook||Sports Betting Partner(s)||Land-Based Affiliate||Launch Date||Android App?||iOS App?|
|DraftKings||Kambi/SBTech||Resorts AC||Aug. 6||Yes||Yes|
|888 Sport||Kambi||Caesars||Sept. 10||Yes||Yes|
|SugarHouse Sportsbook||Kambi||Monmouth Park||Aug. 23||Yes||Yes|
|Caesars||Scientific Games||Caesars||Sept. 6||Yes||Yes|
|BetStars||NA||Resorts AC||Sept. 13||Yes||Yes|
|William Hill||NA||Monmouth||Sept. 1||Yes||Yes|
|playMGM||IGT||Borgata AC||Aug. 22||Yes||Yes|
|PointsBet||NA||Meadowlands||Dec. 11 (soft launch)||Probably||Probably|
|bet365||Unknown||Hard Rock AC||Unknown||Probably||Probably|
|Golden Nugget sportsbook||SBTech||Golden Nugget AC||Unknown||Planned||Planned|
|Ocean Resort||William Hill||Ocean Resort Casino||Unknown||Probably||Probably|
|Unibet||Kambi||Hard Rock AC||Unknown||Probably||Probably|
|Resorts Sportsbook||SBTech||Resorts AC||Unknown||Planned||Planned|
|Hard Rock||GiG||Hard Rock AC||Early 2019||Probably||Probably|
Land-based sportsbooks and locations
|Casino/Racetrack||Sports Betting Partner(s)||Sportsbook Name||Launch Date||Open?|
|Borgata||IGT||Borgata Race & Sports Bar||June 14||Yes|
|Monmouth Park||William Hill||Monmouth Park Sports Book by William Hill||June 14||Yes|
|Ocean Resort Casino||William Hill||William Hill Sportsbook @ Ocean||June 28||Yes|
|Resorts||SBTech; DraftKings/Kambi||DraftKings Sportsbook at Resorts||Aug. 15||Yes|
|Meadowlands||Betfair/FanDuel||FanDuel Sportsbook||July 14||Yes|
|Harrah's||Scientific Games||Unknown||Aug. 1||Yes|
|Bally's||Scientific Games||Wild Wild West Sportsbook||July 30||Yes|
|Golden Nugget||SBTech||The Sportsbook||Aug. 15||Yes|
|Hard Rock Atlantic City||bet365/Kindred/GiG||Unknown||End of 2018||No|
|Tropicana||William Hill||William Hill Sports Book at Tropicana Atlantic City||Oct. 25||Yes|
Open sportsbooks in New Jersey
Monmouth Park Racetrack
Monmouth Park Racetrack in Oceanport was the first operation to take a legal sports bet in New Jersey and rightfully so. They’ve been waiting to do it since 2013.
William Hill US is Monmouth’s partner, and the sportsbook officially opened June 14 in the William Hill Race & Sports Bar.
They’re making plans to spend $5 million building an even bigger sports wagering lounge on the property with space for up to 5,000 gamblers.
In the meantime, Monmouth Park is taking bets. Its sportsbook operates on the following schedule:
- Mondays through Thursday
10 a.m. – 1 a.m.
10 a.m. – 2 a.m.
8 a.m. – 2 a.m.
8 a.m. – 1 a.m.
Borgata Hotel Casino & Spa
Borgata renamed its horse race betting facility The Race & Sports Book and launched sports betting there at 11 a.m. on Jun. 14.
The sportsbook is open from 11 a.m. daily.
The playMGM mobile sports betting app soft-launched in the Garden State on Aug. 22, becoming the second NJ online sports betting app after DraftKings Sportsbook.
Borgata Hotel Casino & Spa owner MGM Resorts has also announced plans to build a $7 million sportsbook at the Atlantic City casino to serve as its permanent facility.
Ocean Resort Casino
On Sep. 6, the William Hill Sportsbook at Ocean Resort opened, just in time for the first NFL game of the season.
The facility is open daily from 9 a.m. to midnight.
Ocean Resort Casino will likely offer online sports betting at some point due to its technology partner, GAN. GAN has an existing deal to receive a sports betting platform from SBTech.
The FanDuel Sportsbook at the Meadowlands Racetrack opened officially at 11 a.m. July 14.
Its hours of operation are as follows:
- Monday – Thursday
10:00 a.m. – 1:00 a.m.
10:00 a.m. – 2:00 a.m.
7:00 a.m. – 2:00 a.m.
8:00 a.m. – 1:00 a.m.
The FanDuel Sportsbook at Meadowlands is a scant six miles away from New York City. It is also one of two active sportsbooks in the country within walking distance of an NFL stadium.
Bally’s launched its physical sportsbook on July 30. Harrah’s opened for business on Aug. 1. Both casinos are using temporary sportsbooks for the first nine months while permanent facilities are constructed.
Business hours for the two sportsbooks are identical:
- Sundays through Thursdays
11 a.m. – 11:30 p.m.
- Fridays through Saturdays
11 a.m. – 12 a.m.
Neither sportsbook has an online version. Expansion into that space is not expected, since parent company Caesars operates its own online book.
Resorts Casino Hotel
Resorts Casino Hotel is home to the DraftKings Sportsbook at Resorts. The location is the DFS giant’s first land-based casino sportsbook in New Jersey.
The Resorts sportsbook is open daily from 10 a.m. to 2 a.m.
Although it went in reverse order by opening online first, Resorts was the first AC casino to have both an on-site and an online sportsbook. DraftKings Sportsbook is the market leader in the New Jersey online sports betting space.
Golden Nugget Atlantic City
Golden Nugget Sportsbook launched on Aug. 15. The Sportsbook occupies a new 2,500-square-foot space that opened on Aug. 31.
Golden Nugget Sportsbook is open daily from 10 a.m. to midnight.
The Sportsbook is the only New Jersey sports betting facility not to offer wagering on basketball games. Golden Nugget is prohibited for doing so due to owner Tilman Fertitta‘s ownership of the Houston Rockets.
The William Hill Sportsbook at Tropicana Atlantic City opened Oct. 25. The facility is a temporary one. However, a new 5,000-square-foot sportsbook is in the works.
The sportsbook’s hours of operation are:
10 am-12 am
10 am-1 am
8 am-1 am
8 am-12 am
The Tropicana sportsbook is located in the North Tower Casino.
NJ sportsbooks and apps in the works
Freehold Raceway and owners Penn National Gaming and Greenwood Gaming are working out the details as we speak to a couple online sports betting skins, according to a recent report made known Dec. 11.
Hard Rock Hotel & Casino Atlantic City
One of the new kids on the Boardwalk, Hard Rock Hotel & Casino Atlantic City didn’t open with a sportsbook, but it has secured a few partnerships to join the market soon.
In July, bet365 and Hard Rock entered into a deal that would bring the European betting giant to the US as a skin under Hard Rock’s NJ license. That was followed a few weeks later by a deal with Kindred, which operates Unibet.
Then, on Oct. 12, the mystery was solved. Hard Rock online casino’s partner GiG will operate its sportsbook, too. While details were few and far between, it is likely that there will be a retail and online sports betting presence at Hard Rock in early 2019.
Sports betting and gambling partnerships
Since May 2018, many sports organizations have raced to form strategic partnerships with companies that were personae non grata just months before.
Nowhere has been a bigger hotbed of this activity than New Jersey. Since New Jersey led the charge, it follows that the Garden State would also be the new epicenter of sports betting in the US.
With all these different strands braiding together, it’s hard to keep track. So, consult the table below to see the current slate of partnerships related to NJ teams and pro leagues:
|NBA||MGM Resorts, BetStars (The Stars Group), FanDuel|
|NHL||MGM Resorts, FanDuel|
|NY Jets||MGM Resorts, 888 Casino|
|NJ Devils||William Hill, Caesars, FanDuel|
Common questions about New Jersey sports betting
Who can bet on sports in New Jersey?
Anyone 21 or older and located within the state can place wagers.
However, the law prohibits athletes, coaches, referees and anybody else who could influence the outcome of a game from making bets.
What sports can you bet on?
Besides the big US sports leagues (MLB, NBA, NFL and NHL), NJ sports betting enthusiasts have access to a wide range of sports including:
- UFC Fighting
- Soccer (MLS, World Cup)
- College football
- College basketball
Are there any restrictions?
There is a collegiate betting restriction affecting the state’s two Division I schools — Rutgers and Seton Hall. No bets are allowed on these teams or any other college games taking place in the state.
The law also prohibits owners and other key members of pro sports leagues and franchises from taking bets on the sports they are involved in. For instance, Golden Nugget can’t take NBA bets because owner Tilman Fertitta also owns the Houston Rockets.
What kind of bets can be made?
Like sportsbooks in Nevada, New Jersey sportsbooks, online and off, offer a variety of bets that fall under the category of single-game wagering. Basically, that means gamblers can pick the winner of a specific sporting event and bet on it.
However, there are a variety of ways gamblers can bet on the games.
Moneyline bets are the most simple and common single-game wagers. You select a game, pick a team to win that game, and if they come through, you get paid based on the moneyline odds.
The moneyline is a representation of the odds on a particular team to win. The money line shows you how much you need to bet to win $100 on the favorite and how much you can win betting $100 on the underdog.
For favorites, a money line is a negative number. The moneyline on the New Jersey Devils to beat the New York Rangers might be -110. That would mean you would have to bet $110 to win $100 plus your initial $110 bet back.
For underdogs, a moneyline is a positive number. The moneyline on the New York Rangers to beat the New Jersey Devils might be +150. That would mean betting $100 on the Rangers would win you $150 plus your initial $100 bet back if the Rangers win.
Point spread bets
Sportsbooks set point spreads and reflect how many points a favorite in any particular game is expected to win by. Point spread bets are simply wagered on the favorite to win by that set amount of points or not.
The favorite must win by more points than the spread for bets on that favorite to pay. Bets on the underdog pay when it beats the favorite or loses by fewer points than the spread.
Let’s say the point spread on New York Jets versus New York Giants game is set at 4.5 points. The Giants are the favorite, so they would need to win by more than 4.5 points to cover. If the score ended up Giants 17 Jets 10, the Giants would cover, having won by more than the 4.5 point spread. All bets on the Giants to cover would pay.
However, if the game ended up Giants 17 Jets 16, the Giants would have failed to cover. Only bets on the Jets would pay.
The favorite has to cover the point spread to win. If they don’t cover, bets on the underdog pay. If the favorite wins by the point spread exactly, it is considered a push and both sides get their bet back.
The over/under is a relatively simple bet on how many total points will be scored in a particular game. Like point spreads, a line is set on the total points that will be scored in a game. Gamblers then bet on whether the actual total will be over or under that particular line.
The over/under on the New York Giants versus the New York Jets might be 50. If the final score of the game turned out to be Giants 25 Jets 24, the total score would be 49 and all bets on the under would pay. If the final score ended up Giants 31 Jets 24, the total score would be 55 and all bets on the over would pay.
Parlay bets involve combining more than one bet. All bets in a parlay must win for the parlay to pay, making it more of a long shot with huge odds and big paydays when they do come through.
Nothing comes easy in parlay betting, however. The reason parlays come with huge payouts is because picking multiple winners is very hard to do.
These are often considered the fun bets. Proposition bets, or props, are often exotic bets with little or no impact on the actual outcome of a game.
Props are essentially gamblers betting on whether or not something will happen. Will the coin toss before the start of the game come up heads or tails? Will the Giants score first against the Jets? Will Eli Manning throw for more than 2 touchdown passes?
Sportsbooks often offer props on all kinds of things in big games with large audiences such as the Super Bowl.
Futures bets are long-term wagers that may take place over an entire season. Common futures bets include betting on a team to win a division title, championship, or just to make the playoffs. The best odds are offered on these bets before the start of the season.
Sports are unpredictable, particularly over the length of an entire season. As a result, futures bets pay big odds.
How much do sports betting operators have to pay in taxes?
The law sets the tax rate for racetrack sportsbook at 8.5 percent. Plus, an additional 1.25 percent payment to be split by host communities and counties. Casinos must also pay the 8.5 percent tax, plus the additional 1.25 percent payment. However, the proceeds of the casinos’ 1.25 percent payment will go toward Atlantic City marketing.
Online sportsbook operations will be charged a straight 13 percent tax.
A federal excise tax of 0.25 percent of handle will also be paid by all sportsbook operations.
Who oversees NJ sports betting?
The law gives the state’s Division of Gaming Enforcement and the New Jersey Racing Commission the right to set sports betting regulations, issue operators licenses, and provide oversight in the industry.
Was New Jersey the first state to legalize sports betting outside Nevada?
No. Delaware launched full-scale sportsbook operations at its three racetrack casinos on June 5, 2018 — just a few days before New Jersey.
Sports betting in Delaware operates under the direction of the state lottery.
Common sports betting terms
Sportsbooks and sports bettors are not speaking another language. It’s just that the world of sports betting involves a lot of jargon. In other words, they’ve got words for all kinds of things you may not have heard of before.
Here’s a quick glossary of some common sports betting terms that may help you understand it all a little better:
An action is simply another word for a bet or a wager. If you’ve got action on a game, you’ve got a bet on it. The amount of action is equal to the amount bet.
A beard, or runner, is someone placing bets for another person. Professional gamblers may use beards to disguise who they are betting on and how much.
“Book” is a shorter term used for sportsbook or bookmaker.
A bookie is a person that takes bets. Generally, bookies operate in the black market as opposed to legal and regulated sportsbooks in casinos. However, someone taking your bet at a legal sportsbook could also be referred to as a bookie.
Lines are subject to fluctuate before a game begins. This movement is based on various information including how much money is being bet on each side. The closing line is the final betting line set before the game begins.
When a team wins by more points than they are favored by in the point spread, they cover the spread.
A favorite is a team the sportsbook believes is most likely to win. Favorites give away points in the point spread and have shorter odds on the money line. A big favorite is often referred to as a lock, but there are no sure things.
The term handle refers to the total amount of money a sportsbook takes in. This should not be confused with the revenue a sportsbook pulls in, which is often only a small percentage of its handle. Handle is all the money bet on either side of all bets.
A game is referred to as a pick ’em when no favorite emerges. The point spread on a pick ’em would be zero, although it’s very rare to see.
Sharps are winning professional sports bettors who always seems to be on the right side of things. They often use inside information to bet wisely or more sharply than the average punter.
A square is the opposite of a sharp. These are more casual and less serious gamblers. They follow public sentiment, let emotions affect their wagering and unlike sharps, they bet with their heart instead of their head.
A tout is an individual or organization giving away or selling picks on various games. Most claim to be big winners, but if that were true, why would they want to give away their secrets?
Underdogs are the teams not expected to win. They represent the other side of the favorites coin. These teams get points in the spread and decent odds on the money line. If the team stands almost no chance of winning, it is referred to as a longshot.
Vigorish is the term used to describe the commission a sportsbook takes in on bets. This is where they get revenue. Vigorish is often called the vig or the juice.