Last updated on May 19th, 2023
Online Sports Betting in New Jersey
Sports betting has become increasingly popular in recent years, especially since the legalization of online sports betting in New Jersey in 2013. There are several legal gambling operators in New Jersey that offer online sports betting. Each operator offers a unique sports betting experience, with different promotions, odds, and features. Online sports betting is becoming more and more popular for several reasons, like the comfort of home and the time for proper betting analysis, to place the right bet.
Online sports betting is a form of gambling where people can place bets on various sports events through an online platform. It differs from traditional in-person sports betting, where bettors need to physically visit a sportsbook to place bets. In New Jersey, sports betting is legal and regulated by the New Jersey Division of Gaming Enforcement. The state allows for online sports betting and many gambling operators have launched sportsbooks in New Jersey to offer a variety of betting options.
To place a sports bet online, you need to create an account with a licensed sports betting site. Once you have registered and deposited funds, you can browse the sports events available and place your bets.
Best Sports Betting Bookmakers for New Jersey
Here is a full list of the best sports betting operators that we recommend for New Jersey :
Sports Betting Apps for 2023
Using the best sports betting app can make the online sports betting experience even more enjoyable and convenient. Sports betting apps allow you to place bets on-the-go, get real-time odds updates, and receive special promotions. Many operators offer mobile apps that are compatible with both iOS and Android devices. The apps keep you informed to not lose any important sports moment and to place the right bet in the right moment are a lot. Some of the best for 2023 are the following:
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Caesar SportsBook
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BetMGM
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BetRiver SportsBook
With a quick search you can find which is user friendly for your sports betting experience.
Bonuses and Offers in Sports Betting
As the competition between the sports betting sites is getting bigger and bigger, they are trying to attract new bettors offering a lot of betting bonuses and bargains, especially for the new members. One of the most useful offers is the 100% Deposit Match since the first deposit. Sports betting sites are offering free betting amounts for new accounts or the best sports betting odds to choose. The daily offers are very inviting to place a bet in the sports events that taking place this specific day. With a quick search online you will find loads off special bonuses and offers to check and find which suits you the most!
Online Sports Betting & Apps Vs Retail Sportsbooks
The popularity of the sports betting websites is growing a lot fast. And there are reasons for this.
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The bonuses and the offers from sites and apps
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The online platforms are keeping the player updated every moment for, almost, all the sports betting events around the world
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Most of the companies are legal
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There is more time, and comfort, for the player to prepare and analyze the stats for his bets
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Many sites and apps are offering betting guides and tips for their members
On the other hand, the Retail Sportsbooks, are finding hard to compete all these. Except for the fact that all of them are legal and the live interaction with the other players, it is very difficult to find something else that it cannot be found online.
How to Choose the Best Sports Betting Site?
The first answer to this question is to check if the bookmaker you are choosing is regulated in New Jersey by the Division of Gaming Enforcement (DGE). If you are not sure about the legality of a site or an app, you can refer to our site as we only list the regulated operators in New Jersey. Legality is the most important reason to choose the site to place your bet. After that, you can choose the sports betting site that suits you the best by selecting the best bonuses and offers available and also the quality of the odds that it offers for betting. It is also very important that you find the interface of the bookmaker very user-friendly and easy to use. There are hundreds of options to look and find what fits you the most, after being legal.
How to Start Betting?
To start betting online in New Jersey, you need to create an account with a licensed sports betting site. You can then deposit funds using various payment methods, such as credit/debit cards, e-wallets and bank transfers.
Once you have funded your account, you can start placing bets on sports events. Sports betting sites usually offer a range of sports to bet on, including football, basketball, baseball, hockey, and more. You can place bets on individual games, futures bets, and even proposition bets.
Once your account has been created and funded, you need to set up your own betting strategy and educate yourself about online sportsbetting. Here are some tips you can follow:
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Setting your budget is one of the most important steps. Put aside the amount that you can afford before you start placing your bets.
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Find a particular sport of your interest and try to expand your knowledge on that. Stats, guidelines, news about the team/ players, the more you know, the better. Sometimes even the smallest detail makes the difference between a winner and a loser.
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Learn about the betting market. It is a new territory, which means that you have to make yourself familiar with new terms, like the odds and the margins and many more. Be sure that you understood well these terms work before you start.
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As a beginner try to learn about the popular betting options by placing straight bets. It is an easy way to learn how to make money betting on sports. Soon you will learn about the special bets or the head-to-head and the parlay and you will be betting like a pro.
Of course never follow any “tips” from unknown and most important, follow your instinct. Many “crazy” bets won by the heat of the moment of one player!
When it comes to placing bets, there are several types of bets you can choose from. Some of the most common types of sports bets include moneyline bets, point spread bets, and over/under bets. Moneyline bets are the simplest form of betting, where you bet on which team or player will win the game. Point spread bets take into account the point difference between the two teams, while over/under bets involve predicting whether the total score of a game will be over or under a certain number.
Sports betting odds can be confusing, but they are essential to understand when placing a bet. Odds represent the probability of a certain outcome happening and can be presented in various formats, such as American odds or decimal odds. Reading and understanding sports betting odds is crucial for making informed betting decisions.
Most Common Terms in Sports Betting
The sports betting has its own language and if you are interested in this, you have to become familiar with some of these terms that you will be using. Here are the most common one :
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Accumulator or Parlay bet: it is about the combination of two or more selections and each side to win to create a winning ticket.
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Alternative Lines: A very common term in most sports, Alternative Lines raise or lower the set match odds and prices change accordingly
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Bet: Real or bonus money used to wager on any betting option.
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Bad Beat: An unexpected event which causes a person to lose a bet, despite the high odds, it is known as a bad beat.
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Favourite or “Chalk” side: is about the wager who is a bet placed on a side that is expected to win.
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Line: A pre-set handicap odds place on a sports betting event
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Parlay: A combination of at least two different sides’ one wager.
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Stake: Amount of money a bettor risks (spends) on any wager.
Strategies and Systems of Sports Betting
The sports betting are not exactly gambling and that’s why you must have a strategy or a system to reduce the risks. First of all you must make a line and odds checking. There are plenty of options, so you have to do a good research to find the best for you. Something that a lot of bettors are doing is middling the bets. It takes enough time but it is a lot useful piece of information and any information is important for a winning ticket. So you have to “study”: look and find the proper bets and the proper opportunity for them. But most important, never chase your loses. Take a break, gamble responsibly, clear your mind and soon the things will get better.
There are several types of sports bets that you can place when betting on sports events. One of the most popular types of sports bets is the parlay bet. A parlay bet combines multiple bets into one, with the payout increasing with each additional bet. Parlay bets can offer significant payouts, but they are also riskier than traditional single bets.
Another type of sports bet is the spread bet, which is used to even out the betting field between two teams. The spread represents the point difference between the two teams, and bettors can bet on whether the favorite will win by more than the spread or the underdog will lose by less than the spread.
Conclusion
Online sports betting in New Jersey offers a convenient and exciting way to bet on sports events. With the help of this beginner’s guide, you should be able to understand how sports betting works, how to place bets, and what types of bets you can choose from. Remember to always bet responsibly and only bet with licensed and legal operators.
FAQ for Sports Betting in New Jersey
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Where can I bet on sports?
If you’re located in a state in which gambling is legal, such as New Jersey, then you can legally place sports bets in your local casino. Alternatively, you can sign up with an online sportsbook provider to place your bets on your computer/laptop or mobile device. Online sports betting has exploded in popularity in New Jersey in recent years and downloading a native app to your iOS or Android device is definitely the most convenient way to place your bets.
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How do the odds work?
The most common odds that you will see when betting on sports in New Jersey is moneyline odds. These are odds on the outright winner of the event and will be presented as a plus (+) or minus (-) sign followed by numbers. US moneyline odds are calculated to $100 stakes and returns. For example, if Team A has odds of +200, you’ll win $200 for every $100 you stake, if Team B has odds of -200, you’d need to stake $200 to win $100. The main thing to remember is that the selection with “+” is the favourite and the one with “-” is the underdog.
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What is the best sport to bet on?
This is completely subjective, as there is no one sport that you have a better chance of winning on than another. You should only ever place a bet on a sport that you are knowledgeable about, as this will help you find the right bet for you. So in essence, the best sport for you to be on is your favourite sport!
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Which sportsbook is best?
Again, this is generally down to personal preference, however we do offer a full list of thorough reviews for every sportsbook in the state of New Jersey. Ultimately, it depends on what you want from your sportsbook. Whether you’re looking for a huge range of different sports to bet on, a variety of betting markets, great promotions and offers, or an easy to use layout, there will be a sportsbook to meet each of these needs. Some will even satisfy all of these needs and provide extras such as live betting and streaming. The choice is yours.
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What does vigorish mean?
The vigorish, or “vig” as it’s more commonly referred to, is simply the commission that a sportsbook takes in order to facilitate your sports bet. This is how sportsbooks make their profits to allow them to continue offering an online service. This is all calculated and deducted automatically from any potential winnings before you even place a bet, so there’s nothing for you to do on your end. You may also hear it called the “juice” more colloquially.