Two gaming venues of New Jersey are preparing to launch sports betting this week.
Sports betting has been the hot gambling topic for the past month in the United States as exactly one month ago, the US Supreme Court decided to rule in favor of New Jersey in their case involving the activity, choosing to strike down the Professional and Amateur Sports Protection Act. This decision now allows individual states to create their own legislation and regulations for sports wagering. Since that decision, several states have moved forward with legislation and NJ is ready to begin offering such gaming options this week.
What Options Are Available?
Starting this week, at least two gaming venues are preparing to offer sports wagering. One such venue is Monmouth Park. The racing facility is already partnered with sports betting giant William Hill to offer wagering and will begin today at 10:30 am. The first wager will be placed by Governor Phil Murphy, who signed a new sports betting bill into law earlier this week.
Moving forward, the sportsbook will be open for business Monday to Thursday from 10am until 1am and Friday (10am to 2am), Saturday (8am to 2am) and Sunday (8am to 1am). This will provide players in the region with optimal options for sports wagering via Monmouth Park.
The Borgata is also ready to begin offering sports betting, starting today. The casino will begin just 30 minutes after Monmouth Park, offering wagers at 11am. This will be the time in which the facility will open each day. The Borgata has provided less details about their sports book, but we do know the brand has a racebook that is being converted to sports betting.
MGM owns the property, so the Borgata will be run by an experienced sports betting provider. MGM already operates sports betting in Nevada, so the Borgata will no doubt offer something similar to players in New Jersey.
Sports Betting in NJ
So, what type of sports betting options will be on offer in New Jersey? Players will be able to wager on current and future sporting events. The World Cup, US Open, Wimbledon, MLB games, UFC fights and more will all be covered. Futures for the NFL are included, so players can go ahead and wager on who they think will win the next Super Bowl.
Players will find that sports books will offer a variety of wagering types including point spread, money line and parlay. Newbies to the sports betting world will be able to learn more about each betting type by searching for guides online. Keep it simple as you get started so you can get to know the wagering options and hopefully earn a profit!
While players will have access to on-site sports betting beginning today in the state, online betting is yet on offer. The new sports betting law that was just signed by the governor does allow for online sports wagers but a 30 day time frame must pass before online gaming can begin. It appears that mid-July will mark the beginning of online sports betting if everything goes off without a hitch over the coming weeks.
Online casino gaming is already readily available in the state and quite successful. It will be interesting to see how well the state does with online sports betting and how much the new option will increase the overall revenue earnings for the state when it comes to land-based and online gambling.