Michigan: Michigan sports betting sites launched Jan. 2020, with multiple apps going live on the same day. New Jersey: NJ online sports betting went live in 2018 and paved the way for other states to legalize and regulate mobile betting apps. The first sports betting app to go live in this state was DraftKings, followed by FanDuel. Best Online Betting Sites for American Bettors. Some sports betting sites have been offering online wagering for USA sports fans for over a decade. Their products are well developed and offer a wide range of sports.
If you are just entering the world of online sports betting or don’t wish to spend much on your wagers right now, you should adopt a reasonable approach when it comes to making your deposits and managing your bankroll.
Don’t risk a lot of money, especially at first. Instead, start with a small bankroll and grow both the amount of cash you have and your betting skills.
The best strategy is to join an online betting site that allows low deposits and small stakes. That way, you can start with a tiny investment and gradually build up your bankroll.
This post is to help you find the best online sportsbooks and bookmakers web that operate with low minimum bets and deposits. I also share some advice on bankroll management and bonus hunting.
Both topics are important for new players, so I recommend that you read the tips and information I provide thoroughly. However, if you’re looking to simply to join a site right now, here’s our current list of the overall best betting sites. They all accept small wagers and low deposits.
I will start by recommending some trusted betting sites with small minimum deposits and low minimum stakes.
Since players from the USA and other countries with restrictive online gambling laws will be a bit limited in their betting site selections compared to the rest of the world, I will split the section in two.
The first part will be for low deposit sportsbooks that accept American bettors, while the second will be for users from other regions.
Best Low Deposit/Small Stakes Betting Sites for the US
I decided to pick Bovada, BetOnline, and SportsBetting.ag for US players looking for low minimum deposits. Bovada and BetOnline accept $10 deposits, while the minimum deposit amount at SportsBetting.ag is $20.
You will struggle to find US betting sites that work with lower deposits, which makes these sportsbook options perfect for beginners and people that would like to start low.
The minimum wager at all three of my recommended US betting sites with low deposits is set at $1. It’s a bit high compared to some European sportsbooks, but it’s still low enough for bettors to get started.
Naturally, the low deposits and min stakes are not the only reason I can recommend the three bookmakers above. They are also all safe and take good care of the money and personal information of each customer.
On top of that, you can pick between loads of sports and betting markets, plenty of exciting promotions, and a strong variety of payment options. All of them even support deposits and withdrawals with cryptocurrencies like Bitcoin and Ethereum, on top of the traditional banking methods.
You can expect a great sports betting service and a low entry barrier, which is the perfect combo for any player who wants to start small and learn the trade.
More Low Deposit/Small Stakes Betting Sites
If you are living in a country with wider access to online gambling, you can get even lower deposits and minimum bets. The best options are Betway, 888sport, and 10Bet.
With some payment methods, you will be allowed to deposit just £5/€5/$5. That’s fantastic news for bettors who want to start really low.
On top of that, each of my recommended sportsbooks has minimum stakes of £0.10/€0.10/$0.10. If you are looking for a place to start with peanuts, you really can’t find better options in terms of minimum deposits and wagers.
You won’t have to compromise on the overall quality of the service, either. Every one of the betting websites above is among the best on the internet. They all provide excellent odds for thousands of sporting events.
You can enjoy huge promotions and sign-up bonuses, as well as a smooth platform that runs well on both desktop and mobile.
And yeah, did I mention that all three are licensed by the UK Gambling Commission, which is the best regulator for online gambling? You can easily trust each sportsbook with your money and personal information.
Best Payment Options for Low Deposits
Let’s take a look at some of the payment providers that you can usually use for low deposits at sports betting sites.
- Most Popular Providers: Visa, Maestro, Mastercard, Diners Club
- Deposit Speed: Instant
- Fees: None
- Minimum Deposit: £5/€5/$5
- Minimum Withdrawals: £10/€10/$10
- Withdrawals Processing Time: 3-5 working days
If you have a debit or credit card such as Visa, Maestro, Mastercard, or Diners Club, this might be your best option for a low deposit.
The online bookmakers I recommended will process your transaction instantly, so you can start betting right away. All fees are covered by the betting sites.
Another advantage is the low minimum withdrawal later on. However, you will have to wait for at least a couple of working days before the money reaches you. If you can live with that, credit and debit cards are an excellent choice.
- Most Popular Providers: PayPal, Skrill, Neteller
- Deposit Speed: Instant
- Fees: None
- Minimum Deposit: £5-10/€5-10/$5-10
- Minimum Withdrawals: £10/€10/$10
- Withdrawals Processing Time: 24-48 hours
Another great way to deposit small amounts of money for sports betting is to pick an e-wallet. They are easy to use, and you can fund your account in seconds. Once again, the bookies will cover the fees, so you lose no value for the transaction.
What is even better is that withdrawals with e-wallets are the fastest on the internet. You can receive your money in less than 24 hours in some cases.
There is one potential issue, though. At some betting websites, deposits with PayPal, Skrill, and Neteller don’t qualify for sign-up bonuses and other promotions. I suggest that you check the terms and conditions of each offer you are targeting to make sure there are no surprises.
Bankroll management is one of the key aspects of sports betting. It’s even more important if you intend to start with a small amount of money and can’t afford to reload. You need to learn how to protect your betting bankroll right away.
The main concept is that you pick stakes that give you enough room to breathe when bad luck strikes. Even the best sports bettors have losing streaks, and you will most certainly hit one sooner or later. Hot slot online, free. If the size of your wagers is appropriate, losing streaks won’t drain your bankroll as quickly.
There are different approaches to bankroll management. I will explore the basic rules here and share a link to a more detailed page below.
The first important thing is to decide if you are going to use flat or variable stakes when betting on sports. Beginners should stick to the same size for each wager when getting started because it’s the easier method and allows less room for mistakes.
If you decide to follow this approach, you shouldn’t bet more than 3-5% of your entire bankroll on any wager. For example, if you start with $20, your bets should be for $1 max.
The variable staking plan is a bit more complicated and more efficient, but only in the hands of the experienced user. The main concept is to determine the size of your sports betting wagers based on two key factors: the expected value and the implied probability.
The higher each of them is, the bigger your stake should be. The ideal option is to find a betting market that offers insane value and is also highly likely to win.
If you’re working with low deposits and small minimum bets and want to maximize the efficiency of your bankroll, establishing a plan for managing your bet sizes is crucial.
You can learn more on the topic and work on your own staking plan using the page below.
One of the best ways to start with a low bankroll and quickly boost it is to engage in bonus hunting. As the term suggests, the concept is to take advantage of various promotions at sportsbooks.
What people do is go to one bookmaker, claim the sign-up offer, clear the terms and conditions, and then move to the next betting site. If you do that a couple of times, your bankroll will grow dramatically.
This strategy is great for people with a really low starting amount for online sports betting, and it has another advantage. In the process of hunting for bonuses, you will get to know a couple of different sportsbooks. Once you decide to settle at one or multiple places, you will know what to expect from that betting website.
There are a couple of tips that will help you with bonus hunting. For a start, make a plan that’s appropriate for your bankroll. The welcome promos of the betting sites online are usually the most valuable offer you will get, so it’s ideal to extract the best out of them.
For example, if you have €10 to start with, look for places where you could get the max value with that amount. 888sport’s welcome offer of Bet €10, Get €30 would be perfect for your purposes. Once you claim the bonus offer and expand your bankroll, you will have more cash to bet with — for example, €30-40.
Since Betway has a 100% first deposit bonus of up to €30, that would be a great second destination. You should use the same logic and try to estimate what your bankroll would look like after each bonus. That will help you conduct a plan that will maximize your potential returns at every step.
The other crucial piece of advice I have for you is to check the terms and conditions of each promotion along the way. Some bookmakers don’t accept certain payment options, others have specific requirements for clearing the bonus, and so on.
I hope that this post will help people with a small bankroll find sports betting sites with low deposits and min bets. If you stay disciplined with your bankroll management and play your cards right, you could expand the amount of money you have and start profiting.
If you have any questions on the topic, feel free to ask them in the comments section below.
Being a sports bettor in the state of New Jersey kind of makes you feel like royalty these days. With so many different companies and apps available to players, you really have your pick of the litter.
The good news for bettors in the Garden State is that there are 18 online sportsbooks willing to take your action. With so many options, it can sometimes be challenging to determine what’s the best NJ online sports betting app for you to play.
With that in mind, we’ve compiled this page of the top online sportsbooks in New Jersey to point you in the right direction. Our experienced team has taken them all for a test drive, and here’s what we found:
Best NJ Online Sports Betting App Offers
Current Legal Online Sports Betting Apps in NJ
As of August 10, 2020, 18 online and mobile sports betting platforms are currently operating legally in NJ:
Online Sportsbook | Land-Based Affiliate | Sports betting partner(s) | Launch date |
---|---|---|---|
DraftKings | Resorts AC | Kambi | Aug. 6, 2018 |
FanDuel | Meadowlands | Flutter/IGT | Sept. 1, 2018 |
Caesars | Caesars AC | Scientific Games | Sept. 6, 2018 |
PointsBet | Meadowlands | NA | Dec. 11, 2018 |
BetMGM | Borgata AC | GVC/Roar | Aug. 22, 2018 |
Fox BET | Resorts AC | NA | Sept. 13, 2018 |
SugarHouse Sportsbook | Monmouth Park | Kambi | Aug. 23, 2018 |
Golden Nugget Sportsbook | Golden Nugget | SBTech/Scientific Games | Feb. 19, 2019 |
888sport | Caesars | Kambi | Sept. 10, 2018 |
Resorts Sportsbook | Resorts AC | SBTech | Jan. 31, 2019 |
Borgata Sports | Borgata AC | GVC/Roar | May 14, 2019 |
Bet365 Sports | Hard Rock AC | bet365 | Aug. 30, 2019 |
Unibet Sports | Hard Rock AC | Kambi | Sept. 10, 2019 |
BetAmerica | Golden Nugget | SBTech | Feb. 2, 2019 |
TheScore | Monmouth Park | Bet.Works | Sept. 3, 2019 |
Ocean Resort Sportsbook | Ocean Resort Casino | William Hill | Unknown |
Hard Rock Sportsbook | Hard Rock AC | GiG | Jan. 26, 2019 |
Harrah's | Harrah's AC | Scientific Games | Unknown |
Bally's | Bally's AC | Scientific Games | Unknown |
CG Technology | Meadowlands | Stadium Technology | 2019 |
William Hill | Monmouth | NA | Sept. 1, 2018 |
Best of the Best Online Sportsbooks In NJ
While there are lots of good options on the board, in this section, we’ve narrowed the field down to our top 10 online sports betting apps in NJ with short descriptions in order to help you make a decision on where to play.
DraftKings Sportsbook app
DraftKings Sportsbook is licensed through Resorts in Atlantic City. However, it is strictly a sports betting app. New players can claim up to $1,025 in signup bonuses, receiving a $25 free bet, a 50% deposit bonus up to $500 on deposit, and a risk-free first bet up to $500.
FanDuel Sportsbook app
FanDuel Sportsbook is one of the best options in the Garden State. Loaded with tons of betting odds, props and live betting options, this sportsbook will give you a $500 risk-free bet when you sign up for a new account.
Sugarhouse Sportsbook app
SugarHouse Sportsbook is one of the best online sports betting options in the Garden State. New customers can get a 100% bonus on their first deposit up to $250 and that only comes with a one-time wagering requirement. Remember to use the promo code ‘PLAY250’.
Fox Bet Sportsbook app
FOX Bet Sportsbook, which might look familiar as it carries the well-known FOX brand, offers new customers a trio of incentives: a $1 bet on the 76ers to win the Championship that pays 76/1, up to $500 risk-free bet as well as a deposit bonus up to $500 when you first sign up. You must use promo code ‘PLAYBONUS’.
PointsBet Sportsbook app
Pointsbet Sportsbook is known for having a huge selection of odds. They’re general with new customers too, offering up to $250 in free bets when you sign up and use the promo code ‘PLAYNJ’.
Caesar’s Sportsbook app
Caesar’s is an international gaming magnate and their NJ sportsbook app doesn’t disappoint. The app looks good, loads fast, and offers a ton of various banking methods for you to easily deposit and withdraw. The isle casino bettendorf.
888 Sportsbook app
888 Sports is a global brand that has quickly developed a loyal following in the Garden State. When you sign up for a new account, you can earn a risk-free bet up to $500.
William Hill Sportsbook app
One of the world’s best-known sites, William Hill Sportsbook is an industry leader in New Jersey. When you sign up for a new account, you can get a $10 Free Bet offer and also a 100% deposit bonus up to $150.
Play MGM Sportsbook app
One of the most respected names in gaming is one of the best options for sports bettors in the Garden State. Sign up and use the promo code ‘PLAYBONUS’ to get a 100% deposit bonus up to $500.
Hard Rock Sportsbook app
This well-known gaming brand has run their online sportsbook app in New Jersey since January of 2019. When you sign up for a new account, you can earn a 100% bonus up to a whopping $1000.
Types of sports bets you can make in NJ
Point Spread – A point spread is a margin of victory. This is mostly used in basketball and football. You bet on a team to ‘cover’ or win by a set point spread. For example, if it’s a 3.5-point spread, the favorite has to win by four points or more to cover while the underdog can lose by three or less, or win, and they would cover.
Moneyline – This is a simple bet where you predict the outright winner of the game. There are no points or spread involved. If the team you bet on wins, you win your bet.
Total (Over-Under) – The total is the combined final score of the two teams. You bet on whether the final score will go over or under the number that is set by the oddsmakers.
Runline – A runline is a type of spread in baseball and is always either -1.5 or +1.5. That means you either bet on a team to win by two or a team to lose by one or less, or win the game.
Puckline – The puckline is exactly the same thing as the runline but in hockey. You bet on a team either at -1.5 or +1.5.
Parlay – A parlay is a multiplier, which gives you a chance at a big payday. What you do is tie together many outcomes and if they all win, you multiply your winnings. However, it’s a risky proposition because if any single selection loses, you lose your entire parlay.
Teasers – A teaser is a type of bet that allows you to shift the point spread. For example, a two-team, seven-point teaser means you can shift the point spread in two games in your favor – however you want – by seven points. However, you also have to parlay at least two outcomes in the teaser, so there is greater risk there.
Futures Bet – A futures bet is a type of wager that is decided further down the road. That includes betting on things like who’ll win the championship, who’ll win the division or regular season win totals. These types of bets take longer to grade but if you’re right, there is usually a big payday.
Prop Bets – Props are related to all sorts of other outcomes besides the winner and loser of the game. Player props typically refer to player performance, like who’ll score the first touchdown or how many catches will a player finish with?
Team props are related to the team’s performance, such as will they score over or under a certain amount of points? Game props are related to the game itself – both teams – and could involve something like whether the game goes to overtime or betting on if there will be a score of any kind in the first 7.5 minutes of the game?
Live Betting – Live betting is the act of placing bets while the games are ongoing. As the game unfolds, the point spread, moneyline, total – and many other lines – will change based on who is winning and what’s happening in the game. Live betting is the process of betting in-game as all of the action takes place.
NJ Online Sports Betting Bank Options
All of the operators in New Jersey are legal, licensed sportsbooks, so that means that banking with them is all the easier. When you’re looking to deposit or withdraw from the NJ sports betting apps, you’re going to have a number of options available to you.
NJ online sports betting apps offer the following deposit & withdraw options but keep in mind that options vary by sportsbook:
- Credit card – This is likely the easiest method for most as many people have credit cards handy.
- Debit card – Debit is another form of plastic that many have available. Transactions are instantaneous.
- Online banking sign-in – Online bank transfers are popular as you can transfer money almost as you would pay a bill.
- PayPal – The popular online e-wallet is one of our favorite ways to deposit and withdraw. It’s fast and secure.
- Echeck – Also known as ACH, this is another option you have for online transfers into your sportsbook account.
- Wire transfer – This is mostly reserved for bigger amounts. If you’re a big bettor, you’ll want to use wire transfers to get money in and out.
- Play+ card – This is a prepaid card that allows for very fast transactions.
- Neteller – This is an online e-wallet similar to PayPal but usually with higher fees.
- Skrill – This is a popular online e-wallet that’s often used by Europeans when they play at their online sportsbooks, and it’s now available in North America.
- Cash @ Cage – You can deposit or withdraw from your account by dropping off or picking up cash at the casino cage (at a sportsbook in Atlantic City).
- PayNearMe at 7-Eleven– This is a method that allows you to fund your account at your local 7-Eleven store.
Live betting online in New Jersey
One of the most popular ways to bet on sports these days is live betting. Also known as in-game betting, this allows you to wager on the action as it happens.
Of course, you can lock in your bets before kickoff, tip-off, or first pitch, but with the innovation in technology, every sportsbook in the Garden State allows you to bet on sports in real-time. That means that after each touchdown, shot and pitch, the odds will change accordingly.
This gives you a big edge as you can watch some of the game, see how the game flow is going, and then make your decision rather than just trying to decide what to do ahead of time.
Top NJ online sportsbooks that offer Live betting
FanDuel sports betting app – Tons of live betting options on a daily basis. They have every game in every major sport covered.
DraftKings sports betting app – Live betting for days. Every type of event you’d want and more. They also have a lot of great in-game betting options beyond just the regular spread, moneyline and total.
Fox Bet betting app – Great live betting experience. Lots of lines and the app works really fast, which is important for in-game betting. Rich casino online.
PointsBet sports betting app – Really good job with the user interface. Lots of games available for live betting.
William Hill sports betting app – Really smooth live betting experience. There is tons of in-game action available on a daily basis.
NJ sports betting tips & tricks
With sports betting growing every day in NJ, more and more fans will be looking to enter the betting market for the first time.
However, if you want your money to last or if you’re trying to find success with sports betting so that you make a profit, you’ll have to have a strategy. If you just wing it, you’re likely to lose.
With that in mind, here are some betting tips to help get you off on the right foot:
Understanding Odds & Pricing
The first thing you have to do is to develop an understanding of the basic numbers that you’ll see in a sportsbook. You might recognize the team names and the players, but you’re going to see a lot of numbers (the odds) and it’s important you understand what they mean.
American Odds
When you see numbers like -130, +120, -600 or +1000, these are all betting lines in the American odds style. If the odds have a minus sign, that’s how much you’d bet to win $100 (-130 means a $130 bet pays $100).
On the other hand, a plus sign indicates how much you’d win if you bet $100 (+1000 means a $100 bet pays $1000).
Fractional Odds
Odds are sometimes written out as fractions. In this case, you might see something like 5/1 or 15/1. This means that for every $1 you bet, you’d get $5 back (5/1) or $15 back (15/1) in profit.
It’s just a different way of writing out the odds. For example, 5/1 in fractional odds is equal to +500 in American odds.
Decimal Odds
Decimal odds are another way to see the odds. You might see something like 1.3 or 2.5, which is simply another way of seeing the odds. Americans like American odds while Europeans and Asians often use the other two.
If anything seems complicated, just add a bet to your bet slip and enter an amount (before confirming) and you’ll see what the payout will be.
Point Spread
Most point spreads come with odds of -110 on the moneyline but they have a separate number you have to keep in mind: the spread itself. This is a margin of victory.
For example, the New York Jets might be a seven-point favorite (-7 -110), so if you bet on them, they have to win by eight or more for you to win your bet. Can they cover that number or is it better to bet against them?
Totals
When you see the odds for the over-under, they are going to have a number and you have to determine whether the final combined score of the two teams will go over or under the number.
For example, the total for a football game might be 52.5. You have to determine whether the final score will be above that number or below it. That’s how you handicap the over-under.
Best bets for beginners
If you’re new to sports betting, your best bet is to start with simple bets like moneylines, point spreads and totals. In the long run, you’ll discover that there are all sorts of options like player props, futures and teasers, but start with the basics until you get the hang of it.
The biggest key to success is handicapping the games. Read up on the matchups, study all of the different types of trends and see what the experts are saying. Then when you come to a conclusion, think about where you see value.
- Is it on the moneyline where a team has to win outright?
- Is there value on a point spread one way or the other?
- Or maybe you have a clear-cut vision as to whether it will be a high-scoring or low-scoring game, which might point to an over or an under?
Stick with these three types of bets when you’re new to the game and as you get a feel for sports betting, move to expand and include more wager types.
Bankroll Management
Bettors often get excited about getting in the game but if you want to be successful with sports betting, you have to have a strategy. That starts with your bankroll because if you’re not careful with it, you’re going to get cleaned out very quickly.
Think about it this way: if you’re starting with a $600 bankroll and you’re betting $200 per game, it will only take you three losses to hit zero. That’s the scenario you want to avoid because you don’t want to be reloading your account every other week.
Typically, a wise strategy is to have your average bet be about 5-10% of your bankroll. That means if you’re starting at $600, your average bet would be about $30. That way you’re able to withstand a losing streak.
Remember that bankroll management is about staying disciplined. You can’t go from betting $30 per game to betting $90 because you want to recover your losses. Come up with a game plan and stick to it.
Finding the Best Lines and Odds
One of the most important strategies you should employ is shopping around for the best odds. There is no cost to having accounts at multiple sportsbooks (it’s free), so it’s always good to have money in each because this will save you money.
NJ online sports betting apps will often have similar but different lines.
While that might not sound clear, let’s illustrate with an example:
- FanDuel Sportsbook
- Boston Red Sox +140
- New York Yankees -160
- DraftKings Sportsbook
- Boston Red Sox +145
- New York Yankees -165
As you can see, these are two of the best NJ online sportsbooks with similar, but different lines. If you like the Yankees, you’ll want to bet them at FanDuel and if you like the Red Sox, you’ll want to bet them at DraftKings.
Online Sports Betting Sites New Jersey
While it might not seem like a big difference, that five-cent change can save you a lot of money in the long run. If you bet $100 per game, win half of your bets and save $5 on each loss, that means you’ll save about 2.5% per bet.
Over 20 bets, which might be a week or two of action, you might save at least $50. The most important note here is that it costs you nothing to do it, so if you don’t shop around, you’re costing yourself money.
Online sports betting restrictions in NJ
When you open up an account at a sportsbook in New Jersey, you’re going to feel like you can bet on everything. That’s because they have so many lines up on the board and cover so many sports, that it really does feel like everything.
However, there are some limits to what’s allowed in the state. This is still a relatively new pastime, so you can expect the restrictions to ease as we make progress.
- Academy Awards and esports: Not all sportsbooks offer that but when sports betting first opened up shop in the Garden State, these odds were not on the board.
- Presidential Elections: As of now, you can’t bet on Presidential Elections but it seems like this is only a matter of time.
- High school sports: We’re also not able to bet on high school sports in the Garden State, which is not a surprise. These are generally prohibited everywhere and few people have really shown interest in it. However, something like Little League World Series could possibly be something that becomes available.
For the most part, we’re seeing the regulators respond and make decisions based on what the players want. During the 2020 COVID-19 pandemic, we saw sportsbooks start to offer odds on Russian table tennis, Chinese professional baseball, European basketball, Belarussian hockey, Cage Warriors MMA, and exhibition tennis.
There was even a push to get the annual Hot Dog Eating contest approved and they managed to do so in the nick of time. What it takes is the will of the people to request it from the sportsbooks and the sportsbooks to go to the Gaming Division and ask for the ability to open the lines.
The main restrictions these days are the election odds, some entertainment props, and a variety of obscure leagues in Europe.
The overwhelming majority of people are more than satisfied with what’s offered.
NCAA betting restrictions in NJ
If you’re a fan of betting on college sports (who doesn’t love a good college football Saturday?) then you’ll be happy with what’s offered in the state of New Jersey.
For the most part, you’re able to bet on whatever you want in terms of college football and college basketball (and even some other college sports) minus a few restrictions.
- The first limit is that you can’t bet on any college competitions that take place in the state of New Jersey.
- If the NCAA Tournament decided to host games in the Izod Center in East Rutherford or in the Prudential Center in Newark, that would preclude New Jersey sportsbooks from having lines up on the events.
- The other limitation is that you won’t see any lines up on New Jersey college teams regardless of where they are playing.
- For example, you’ll never see Rutgers football games up on the board or any Seton Hall or Princeton college basketball odds.
- The good news is there aren’t a ton of big-time NCAA programs in New Jersey, so it’s not a huge drawback for bettors.
Betting on NJ’s popular sports teams
New Jersey sports fans usually root for their hometown team according to what side of the state line they fall on. Support for Philadelphia teams runs deep throughout the entire southern part of New Jersey while support for the New York teams comes from the northern section of New Jersey.
When it comes to the four major sports leagues, New Jersey currently has six teams playing in the state with only one identifying as a New Jersey team (New Jersey Devils). The remaining five identify as New York teams.
As for Philadelphia, they are one of twelve cities that host at least one team in each of the four major sports leagues (NFL, NBA, NHL, MLB). Here’s a look at the major teams in each state:
MLB BETTING
- New York Mets
NFL Betting
- New York Giants
- New York Jets
NBA BETTING
- New York Knicks
- Brooklyn Nets
NHL BETTING
- New York Rangers
- New York Islanders
How licensing works for New Jersey betting sites
The sports betting landscape changed in May of 2018 when the United States Supreme Court decided to allow each state to make its own rules about sports betting. Since it was no longer federally restricted, many states started to welcome in sports betting with New Jersey being one of the first.
Regulated sports betting was a big win all the way around as players were obviously still betting but doing so in all sorts of unsafe ways and the states were now able to generate some income that could then be put towards infrastructure, schools or other things.
In New Jersey, online operators had to pay an initial licensing fee of $100,000 and see their gross online revenue taxed at 13.5%. Online operators also had to partner with land-based casinos, so we saw a lot of new partnerships come to light.
The entire operation is overseen by the New Jersey Division of Gaming Enforcement, which not only hands out the licenses but keeps a close eye on all of the operators to make sure they’re running a kosher operation.
They have already been doing so with online casinos and horse racing bets in NJ, so now this is just an expansion of their role as they aim to make sure that everyone is having a safe and fair experience with the online operators in the state.
NJ online sports betting FAQ
Can I bet sports on my phone in NJ?
Yes, you can bet on you phone in New Jersey as long as you’re a resident of the Garden State and at least 21 years of age. Every sportsbook in the Garden State has either an app or a mobile-friendly website that makes it easy to bet on the go.
Is sports betting legal in NY?
Sports betting is not currently legal in the state of New York. However, you can download any of the apps in the list above, including FanDueland DraftKings, and create your account at home. From there, it’s a matter of crossing over to NJ to place your bet.
Can I deposit & withdraw using NJ online sports betting apps?
Yes, you can deposit and withdraw right from the apps. The apps allow you to do virtually everything that the full web versions of these sites do, which includes any type of banking like funding your account or requesting a withdrawal.
What are the best credit cards for gambling in NJ?
Typically, Visa and Mastercard are your best bets. Some sportsbooks will also accept American Express. Some banks are friendlier to sports betting transactions while others restrict them, so keep that in mind when funding your account.
How do I gamble online without a credit card?
There are lots of ways to deposit into a sports betting account without a credit card. You can use e-wallets like PayPal or Skrill, use PayNearMe, online bank transfers or even deposit cash at the cage of a land-based casino. Check the banking methods of the sportsbook you want to play at as they’ll have plenty of options for you.
Do NJ sportsbooks accept VISA?
Yes, sportsbooks in New Jersey accept Visa. It is often one of the easiest ways to deposit funds into a sports betting account.
What banks allow NJ online gambling?
Banks can be a bit finicky as to whether they allow online gambling or not. Sometimes even two credit cards from the same bank will produce different results. The vast majority of banks have become friendly to it, though, and you shouldn’t have a problem.
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What withdrawal options are available for NJ online sports betting apps?
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There are a whole host of options when you want to withdraw your funds. That could be everything from PayPal to receiving a check in the mail to picking up cash at the casino cage in Atlantic City. Typically, an e-wallet like PayPal is the easiest method to use.
Can I make bets on NJ apps outside the state?
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Unfortunately, you can’t. If you’re from New Jersey and bet with a sportsbook in New Jersey, but visit California for the weekend, you’ll still be able to log into your account to check things out but while you are out of state, you won’t be able to place your bets.
Can I search sports betting odds outside of NJ?
Many sportsbooks like FanDuel, DraftKings, and many others will allow you to surf their website and see what the sports betting odds are for the various events.
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You don’t have to be a resident of any specific state – or even be of age – to simply browse the betting lines.