Best NJ Online Sportsbooks
List Of The Best NJ Betting Sites
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Evaluating the Best NJ Sports Betting Sites
Gambling laws in New Jersey are among the most progressive in the United States. Regulated forms of gambling started with pari-mutuel betting (1939), charity gaming (1953), the state lottery (1970), and land-based Atlantic City casinos (1976).
The growth of US online gambling opened a new avenue for much-needed state tax revenue in New Jersey. Licensed and regulated interactive gaming began in 2013. Still, it wasn’t until 2018 that NJ sports betting, the topic of our article, followed. We’ll tell you all about the best New Jersey betting sites. Other topics covered include betting strategy, bankroll management, taxation of winnings, and NJ betting promotions offered.
Reviews Of The Best NJ Online Sports Betting Sites
- Offer is limited to new customers only.
- Terms and Conditions apply to this promotion.
- Participants must be at least 21 years old.
- This promotion is only available to residents of New Jersey.
- All promotions are subject to qualification and eligibility requirements.
- Rewards will be issued as non-withdrawable site credit unless otherwise stated in the applicable terms.
New Jersey-headquartered BetMGM is the online NJ sports betting arm of MGM Resorts Int. and Entain Holdings. Opening its doors on Jul 30, 2018, BetMGM is a sportsbook, online casino, and poker room rolled into one, with competitive promotions on all three. The website offers a signature BetMGM loyalty rewards program with points redeemable for bonuses online.
MGM sportsbook NJ covers nearly 20 sports, including American favorites like football, basketball, baseball, and ice hockey. New Jersey players can find daily competitive odds on thousands of future or live ( in-play) sports betting markets. Examples include point spreads, over/under, moneyline, prop, and parlay bets.
Players within the state can also place bets on mobile after downloading and installing the Android/iOS BetMGM sports app. Funding a bankroll is fast and convenient through multiple provider channels, like debit & credit cards, eWallets, bank transfers, and physical locations.
Founded in 2009, Fanduel was a fantasy contest provider that merged with Paddy Power Betfair in May 2018. Today, this NJ online casino has evolved into a casino, sportsbook, racebook, and fantasy sports provider.
New Jersey sign-ups collect up to $1,000 + $100 in site credit. Regular players can collect general or specific bonus bets, up to $2,000 credit from the Reward Machine. On-going promotions include daily jackpots (casino), match bets, and FanDuel points for credit rewards. The ‘No Sweat’ promo returns a percentage of betting losses in bonus money.
New Jersey bettors can choose from 20 sports, including North American majors: football, basketball, baseball, ice hockey, and motorsports. They have multiple ways to fund their player accounts. NJ sports betting sites accept several payment types: debit cards, eWallets, prepaid (FanDuel Prepaid Play+), bank transfers, and physical locations (PayNearMe). FanDuel offers a fast cashout feature, which lets players settle early on their sports wager (not on all bets) to lock in a profit.
BetRivers is an online and mobile casino (via the BetRivers mobile app) with 1,600+ casino games and a sportsbook covering 22 sports/eSports. New signups can claim a 100% match bonus welcome offer of up to $500 with a low 1x playthrough. A patented RushPay auto-approval system can instantly approve 80% of withdrawal requests.
Regular members may claim deposit bonuses, enjoy slot tournaments and daily bingo, or earn casino loyalty points. Points are exchangeable for tickets to bonus money prize draws or table game multipliers. BetRivers also offers a 10-tier + Elite iRush Rewards program for loyalty level points and bonus store points.
Besides offering odds on international sports, the BetRivers sportsbook covers popular US ones like football, soccer, basketball, baseball, and ice hockey. Betting odds are available on thousands of daily betting markets. BetRivers offers live-streamed sports, and odds boosts. Bettors in the state can also receive bonus bets by placing particular bets, losing a leg on a parlay, or based on the occurrence of an event. Some events even qualify for fast cashouts.
888casino has a long history dating back to 1997. It’s built on the Microgaming platform, offering casino games and poker rooms. The NJ gambling site 888sport is a sports betting collaboration with Caesars Interactive Entertainment, launched in September 2018. It offers New Jerseyans and visitors a protected (money back) $500 bonus. An 888sport mobile app for Android and iOS can be downloaded from the online site.
Bettors will find many 888sport betting markets, like moneyline, point spreads, futures, live betting, over/under, and props. The sportsbook covers matches and competitions in popular international and US leagues and competitions. These include basketball (NBA, NCAA), football (NFL, NCAA), baseball (MLB), and ice hockey (NHL, AHL). Additional sports wagers can also include props and parlays. Player promotions can take the shape of bonus bets, live betting bonuses, and weekly cash giveaways.
Bettors can fund their bankroll with a small deposit of just $10. 888sport accepts several payment providers: PayPal, Play+, online bank transfer, debit/credit card (Visa, Mastercard, Discover), ACH bank transfer, and PayNearMe (offline).
How Sports Betting Bonuses Work
Engaging with the best betting sites in New Jersey presents an opportunity to win real cash. However, it’s essential to note that unlike certain casinos offering free-to-play and demo modes, online sports betting generally requires a deposit. Here’s a simple guide on how to start:
Create an account
Click on the “register” button or its equivalent. This process is similar to creating an account at online casinos in NJ. Don’t be frightened when sportsbooks need SSN, it’s regular verification procedure. You can follow the links provided on the betting site to initiate the process.
Fill in your details
Input your personal information such as name, address, mobile phone number, and bank account details. It’s advisable to verify your account at this stage to avoid any future issues. New Jersey’s real-money sports betting operators prioritize customer security, hence, they discourage the registration of questionable accounts.
Choose a username and password
The final step involves choosing a unique username and a secure password. In some cases, you might be asked to confirm your registration via a link sent to your registered email. Once done, you’re all set to bet on your favorite teams and events.
As a registered member, you’re eligible to claim generous sports betting bonuses offered by the best NJ online sportsbooks. These bonuses can take the form of deposit-based bonuses, free bet bonuses, or specific promotional offers. However, it’s essential to read the fine print before claiming any deal to make the most of your time and effort.
Sportsbook Bonus Terms and Conditions
Even though the requirements for acquiring bonuses may seem similar across different online bookmakers, it’s always crucial to familiarize yourself with the specific terms and conditions. Bonuses can be granted upon registration, on the first deposit, or when a unique code is entered.
Remember, when you receive a bonus, you can place bets and make winnings with it. However, to cash out the bonus amount, you must follow certain rules. Generally, the more substantial the bonus, the more complex the rollover requirements, which makes choosing the best sportsbook bonus in NJ a critical decision.
Common terms you may encounter in a New Jersey sportsbook include:
- Rollover or wagering requirement: This requires you to bet the bonus amount several times.
- Minimum odds requirement: The odds of the events or tickets you bet on must be higher than the specified minimum, for example, 2.0.
Welcome Bonuses At New Jersey Online Sportsbooks
In the last few years, rivalry among sports betting sites in NJ has been growing. All bookmakers are trying to attract new players, so they have developed numerous strategies. Some of the most popular are welcome bonuses for new members and tempting promotions that existing users require.
The best sportsbooks in NJ are trying to attract new players and keep those already there. A free bet means that the bookmaker gives you certain funds that you can use for sports betting. For example, you have $10 of free bets and pay them at odds of 4. You make a profit of $40, but the bookmaker keeps $10, while the remaining $30 is available for you to withdraw or play.
Free bets are often given to new sportsbook customers. If you play the first ticket, and it is not won, the online sports betting site wants to help you by giving you a second chance and offering you a refund. That way, you get a free bet. On the other hand, to get a freebie in an online casino, you need to enter no-deposit bonus codes when registering a new account.
The most common restriction on free bets is minimum odds as a prerequisite. Again, this varies from sportsbook to sportsbook, and the minimum odds ratio makes up to 20 to qualify for a Free Bet. Another restriction could be that the sport or league you are betting on may have certain payment limits or expiration dates.
Deposit Match Bonuses
The welcome bonus is the most common type of betting bonus. With this bonus, NJ’s best online sports betting sites are trying to attract as many new players as possible. The deposit match bonus applies only to players who open a new account.
Almost all NJ online sportsbooks have this type of bonus in their offer. The welcome bonus means receiving a certain amount of cash after registration and after the first deposit. You will receive a 50% to 100% match, depending on how much you have deposited.
For example, if you transfer $100 into the online bankroll, you will have $200 available for betting, thanks to the deposit bonus. Like other bonuses, this one has specific terms to meet before you can withdraw the winnings. Turning over the deposit and bonus several times in a particular timeframe is usually necessary.
Free Play Bonus
NJ’s best sports betting sites offer their customers another attractive form of bonuses. Free bets can be made as a welcome bonus and a bonus for already registered members. The rules of this type of bonus are elementary. The sportsbook gives you a certain amount of cash that you can use to place a bet without spending your fund. One specificity when placing bets with this type of bonus is that only the amount of profit is returned to you, while the bet you give is not refunded. So, if you get $5 for free play and bet on a match of 2.00 and a stake of $5, your account will be increased by $3 after winning the bet.
What Sports Can You Bet on Right Now in New Jersey?
Probably the first association with sports betting will be football. No wonder it is unequivocally the most popular sport on the planet, and no NJ sportsbook does not have NFL or college football betting bet on offer. Bookmakers also like to place bets on basketball, rugby, volleyball, handball, soccer, etc. Some are passionate about tennis, and some enjoy golf. Some are interested in billiards and cycling. Today, the community of e-sports fans is not negligible, and let’s not forget new online casinos in NJ that also offer sports-themed online casino games.
Basketball is one of the most popular sports in the USA, so betting on NBA games is indispensable in all NJ online sportsbooks. Basketball is a fast-paced and unpredictable sport. For this reason, the prepared strategy is essential to avoid potential losses. The latest betting systems will allow you to be a part of the action in some way and make everything even more fun. With this type of betting, you must look carefully at all the match details and try to predict the result of them. The betting combinations are countless, and in addition to a good analysis of the match, a little luck is needed.
Finding the best NJ sports betting sites that do not offer football is impossible today. About 250 million people currently play football in over 200 countries tells you how popular it is. An estimated 113.06 million viewers were tuned in for Super Bowl LVII on Sunday, Feb. 12, 2023, according to average audience estimates from Nielsen. You can expect only the best and most diverse NFL betting options. You can ensure your winnings by predicting the player’s performance – the yards bypassing, yards by running, yards by catching, touchdowns bypassing, and the touchdown in the match (first, last, anytime, 2+). Please note that the player betting offer is available on the day the games are played, while the other odds are available from Tuesday for the next round.
Without a doubt, American professional baseball is by far the most popular brand. The MLB league starts in late March and ends in September, with each team playing more than 160 games in a season that no other sport can match. NJ players base their baseball MLB sports betting, but there are other reputable leagues where you can profit if you have the knowledge and valuable records. These primarily involve the Japanese, Mexican, and Korean leagues, while the sportsbooks in New Jersey will also offer the Australian Championship and numerous European competitions.
College basketball betting
Best New Jersey sportsbooks allow you to bet on NCAA games from all three divisions, including events like Parx March Madness. That way, you can further increase the excitement accompanying American college basketball. Three hundred fifty teams compete in Division One, 310 in the second, while as many as 438 teams compete in the third. In the first division alone, over 5,800 games were played. This means that many matches are played during one season that you can bet on.
Ice hockey is an Olympic sport with a long history and many fans behind it. NHL is the most popular league, which consists of 32 teams. In addition, there are many popular hockey competitions, and they provide fans of this sport with an excellent source of entertainment. NHL betting is unpredictable and can always surprise you if you are unprepared. And what interests hockey bookmakers the most is how to bet on hockey successfully. Therefore, devising the tactics is crucial for betting on this winter sport.
Horse Racing Betting
One of the oldest and most thrilling sports to bet on is undoubtedly horse racing. In New Jersey, horse betting fans can engage with numerous domestic and international horse racing events (like Haskell Invitational). Among the most prestigious in the sport is the Kentucky Derby, held annually in Louisville, Kentucky. This iconic race forms part of the Triple Crown and draws bettors worldwide due to its unpredictability and high-stakes nature. NJ sportsbooks offer various betting options on horse racing, from simple bets like Win, Place, and Show to more complex wagers such as Exacta, Trifecta, and Superfecta. With a deep understanding of the jockeys, horses, and track conditions, betting on horse racing can be exhilarating.
Although not as common in the United States, Cricket has a massive global following, and its fanbase also expands in New Jersey. Top-quality leagues, such as the Indian Premier League, Australia’s Big Bash, and England’s County Championship, present numerous betting opportunities. NJ sportsbooks offer an array of cricket betting options, allowing bettors to predict not only the match’s outcome but also individual player performances, total runs, wickets taken, and more. The frequency of matches in various formats – T20, One Day, and Test cricket – means there are almost always exciting cricket betting opportunities. Knowledge of players, teams, and conditions can significantly enhance your cricket betting experience.
Academy Awards betting
Fans of the film and seventh art can make extra cash on their predictions of the future Oscar winners. One of the best NJ sportsbook operators also offers to bet on Best Supporting Actress, Best Original Screenplay, Best Visual Effects, and Best Animated Feature Film. You can even refer to the analysis of all the guild and critical awards the nominated films have received before the Oscars and thus calculate which contestants have the best chances.
How New Jersey Sports Betting Works
Whether you play at a betting site or use NJ sports betting apps, the choice of markets and options is comprehensive. Therefore, you can place bets on events such as:
- The winner of the match: The most popular way to bet is to predict the winner of a match. This is also the easiest choice between a home and away team. The winner is usually combined with other pairs, thus increasing the total odds.
- League/tournament winner: Before the season starts, you will have various bet methods. If you have your favorite, this is a way to cheer for him at the same time and earn something.
- Handicap: The handicap represents the goal difference between the two teams at the end of the match. In ice hockey, this limit is usually 1.5. If you bet on a +1.5 handicap, the team must win by two or more goals. In basketball, Handicap betting implies the exact goal of the winner of the match and the difference in points between the winning and losing teams. New Jersey sportsbooks set the limit, and you choose more or less about it. If you are sure your team will prevail, this is an excellent way to profit with some fun.
- Betting on the result in hockey matches: Since we don’t see many goals in the games, some players see betting on the result as an excellent opportunity. When betting like this, pay special attention to the earlier results of the same teams. Also, keep in mind that the result is valid before potential extensions.
- Betting on favorite basketball stars: Betting on favorite players is a fun way to profit. For example, netting on basketball players consists of choosing a higher or lower number of points a player will have about the previously set limit.
- Goals: Another smart way of betting is guessing how many goals will be scored at the match. Also, it is possible to bet on the goals of only one team or the total scored by both teams. All football live betting offers exceptional odds when you bet on goals in a specific minute.
- Live Betting: Respectable NJ sports betting sites have this type of sports betting in their opus. Thanks to this option, you can play a bet wherever you are after the start of the match. The variety of betting options differs from one other betting site. However, many operators include competitions, sports, and games in this section.
What distinguishes a great bookmaker in this segment is the orderly updating of odds and fast processing of your bet. If you focus on betting live, making a profit is much higher.
New Jersey Sports Betting Revenue
|Year||Total Handle||Revenue||Hold Percentage||Tax Revenue|
Advantages and Disadvantages of NJ Sports Betting
- Diverse Betting Options: New Jersey offers a wide range of sports to bet on, including popular sports like football, basketball, baseball, and soccer, as well as niche sports like darts and eSports.
- Regulation and Oversight: The state’s Division of Gaming Enforcement provides strict oversight and regulation of sports betting, ensuring that all operations are fair and transparent.
- Economic Impact: Sports betting has a positive economic impact, contributing to state revenues through taxation and creating jobs in the betting and hospitality industries.
- Mobile and Online Betting: New Jersey was one of the pioneers in legalizing online and mobile sports betting, allowing residents and visitors to place bets from the comfort of their homes or on-the-go.
- Competitive Market: There are numerous licensed sportsbooks operating in New Jersey, which drives competition, resulting in better odds and bonuses for bettors.
Gambling Addiction: The easy accessibility of sports betting can lead to problem gambling. Individuals who are prone to addiction may find it challenging to control their betting habits.
Financial Risks: Sports betting involves a high level of risk. Bettors can lose significant amounts of money, particularly if they engage in high-stakes betting.
Misleading Promotions: Some sportsbooks may offer promotions with complex terms and conditions, which can be misleading for inexperienced bettors.
Competitive Betting Market: While a competitive market can be beneficial, it can also be overwhelming for bettors to choose from a plethora of sportsbooks, each offering different odds and bonuses.
Sports Betting Strategy for Long-run Success
Casual sports bettors might back a side with a few dollars based on a hunch or leap of faith. While this strategy might produce short-term success, emotional bets are terrible for long-term profit.
An experienced sports bettor knows the probability (odds) of a specific outcome is highly unpredictable. Identifying good value betting odds is critical since the best sports bettors typically win less than 50% of the time. Therefore, he must be capable of calculating a bet’s expected return to compare to the bookmaker’s. Value bets are wagers where the bookmaker’s odds exceed a bettor’s expected return.
For example, consider a race of 10 greyhounds where you’re confident that one greyhound has a 25% chance of winning. A value bet would start with bookmaker odds of 5.0 (4/1) or higher.
A successful bettor is always watching and learning in an attempt to improve his game. One way to do this is to keep performance records of wins and losses. Patterns can tell you what works and what doesn’t, allowing a bettor to fine-tune his strategy.
Is NJ Online Sports Betting Legal?
Assembly Bill 4111, authorizing sports betting at NJ racetracks and casinos, was signed into law by Governor Phil Murphy on June 11, 2018. The law required each operator to offer a sports wagering lounge on its premises to players who must be physically present. Betting on New Jersey high school sports events or collegiate athletic events is prohibited.
Furthermore, the Bill authorized these establishments to operate online/mobile sports betting sites. Atlantic City casinos or racetracks operate these sites independently or jointly. The NJ Division of Gaming Enforcement licenses and regulates sports betting online, in racetrack sports lounges, and Atlantic City casino sports lounges.
Bettors must be 21 or older to participate. Although players may register from any state, they must be physically located in New Jersey to play. State law requires gambling sites to verify each player’s location, achieved using geolocation software.
Bankroll Management Tips
- Never use past results as a predictor of future outcomes.
- Always stick to the sports and betting markets you understand well.
- Watch for promos like cashback, loyalty bonuses, bonus bets, and odds boosters.
- Compare the odds among NJ bookmakers when looking for the best value.
- Use a free online calculator when calculating an expected return.
- Bet sizes should reflect the probability of winning. Suppose you calculate the odds of the Yankees beating the Boston Red Sox as 50:50. It would be unwise to bet more than $50 if your bankroll is $100 (50%).
- Stay disciplined and stick to a fixed budget.
- Be prepared to take a break if things don’t go your way.
- Keep records of wins and losses to learn what works and doesn’t.
- Conservative players should generally stick to fixed (level) stakes.
Taxes on Sports Winnings in New Jersey
Gambling winnings, including from sports betting, are subject to taxation. Provision N.J.S.A. 54A:5.1(g) requires a 3% withholding tax on payouts to New Jersey and outside residents. Additionally, single wins exceeding $10,000 must be included when calculating state gross taxable income.
Winnings over $5,000 are subject to a federal withholding tax of 24%. It must also be reported on a tax form 1040 or 1040-SR. Here, the amount withheld is also reported.
Full List of Legal NJ Online Sportsbooks
- FanDuel Sportsbook
- FOX Bet
- theScore Bet
- Hard Rock Casino
- Golden Nugget
Land-based NJ Sportsbooks
|Sportsbook||Venue||Address||Phone Number||Odds Provider|
|DraftKings Sportsbook||Resorts Casino||1133 Boardwalk Atlantic City, NJ 08401||(609) 340-6300||SBTech|
|FanDuel Sportsbook (Bally’s)||Bally’s||1900 Pacific Ave. Atlantic City, NJ 08401||(609) 340-2000||Flutter|
|FanDuel Sportsbook (Meadowlands)||The Meadowlands||1 Racetrack Drive, East Rutherford, NJ 07073||(201) 843-2446||Flutter|
|Hard Rock Sportsbook||Hard Rock Casino||1000 Boardwalk, Atlantic City, NJ 08401||(609) 449-1000||GiG|
|BetMGM Sportsbook & Bar||The Borgata||1 Borgata Way, Atlantic City, NJ 08401||(609) 317-1000||BetMGM|
|betPARX Sportsbook||Freehold Raceway||130 Park Ave, Freehold, NJ 07728||(732) 462-3800||Kambi|
|Caesars Sportsbook at Monmouth Park||Monmouth Park||175 Oceanport Ave, Oceanport, NJ 07757||(732) 222-5100||Caesars|
|The Sportsbook||Golden Nugget||600 Huron Ave, Atlantic City, NJ 08401||609) 441-2000||SBTech|
|Caesars Sportsbook at Harrah’s Resort||Harrah’s||777 Harrah’s Blvd, Atlantic City, NJ 08401||(609) 441-5000||Caesars|
|The Sportsbook at Ocean||Ocean Resort||500 Boardwalk, Atlantic City, NJ 08401||(609) 783-8000||Caesars|
|Caesars Sportsbook Tropicana||Tropicana||2831 Boardwalk, Atlantic City, NJ 08401||(609) 340-4000||Caesars|
|Caesars Sportsbook at Wild Wild West||Caesars||2100 Pacific Ave, Atlantic City, NJ 08401||(609) 348-4411||Caesars|