Online Sports Betting in New Jersey
Guide To The Best Legal Online Sportsbooks In New Jersey
Welcome to the thrilling world of New Jersey online sports betting!
On this page, you’ll find out…
- How to register on the best NJ sports betting sites
- How to make deposits and withdrawals
- What the top NJ sportsbooks are
- Learn about the various types of wager you can place, and much more!
If you’d like to learn more about the history of legal betting in NJ, as well as brushing up on some tips for playing safely, be sure to check out our Legal Sports Betting in New Jersey page.
Or, if you’re looking for the lowdown on the very best sportsbooks with the most attractive welcome bonuses, don’t miss our Best Sports Betting Sites in New Jersey page!
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About online betting in NJ
As the home of Atlantic City, New Jersey has a rich history of legal gambling. In fact, after Las Vegas and a few slot machines in Southern Maryland, New Jersey was the third state in the US to officially legalize gambling in 1977 – turning Atlantic City into the thriving tourist attraction it is today in the process.
Keeping with this trend, NJ was also one of the first states to legalize sports betting at racetracks and casinos back in June of 2018. By August of the same year, mobile and online betting in NJ were off!
The Betting America promise
Whichever state you’re in, Betting America has one primary goal – to connect you with the most reliable, most rewarding, and safest online sports betting sites. We only feature apps that are trustworthy, fully regulated, and most of all – offer a superior online betting experience!
How to get started with New Jersey online sports betting
You can set up a new account by going to the NJ sports betting site of your sportsbook of choice via desktop or laptop and following the steps for new customers.
Alternatively, you can download the NJ sportsbook’s app on your iPhone or Android device and complete the registration process within the app itself.
Below, you’ll find answers to some of the most commonly received questions we get about online betting in New Jersey, including making deposits and withdrawals, as well as which types of wagers you can place and how they work.
WHAT NEW JERSEY ONLINE SPORTS BETTING DEPOSIT METHODS CAN I USE?
There are a wide range of deposit methods for funding your sports betting account in New Jersey. For many people, the easiest option is a credit or debit card. E-Wallets such as PayPal or Skrill have become an increasingly popular choice in recent times. Prepaid cards, eChecks, and online banking are also commonly available.
Most sportsbooks accept these for deposits. Options may be restricted to Visa and Mastercard. Some banks may block these transactions as they don’t allow deposits onto any type of gambling site despite the legalization of U.S. sports betting in 2018.
Availability is dependent on the individual app/site but established eWallets such as PayPal or Skrill are an option on some NJ sportsbooks. You can only withdraw using eWallets if you deposited with the same method first. Deposits usually process immediately.
Sports bettors can deposit by sending money directly from their bank accounts.
These are like gift cards that players can use similarly to credit/debit cards to deposit any amount up to the value of the card. You can also withdraw to the prepaid card.
Some NJ sportsbooks offer this deposit-only method however you cannot withdraw via PayNearMe. You simply select it as your deposit option with the sportsbook, then decide on the amount you would like to deposit and the sportsbook sends you a unique barcode. You can then go to your nearest 7-Eleven/CVS/Family Dollar where the cashier will scan the barcode and you pay them the amount of the deposit. Typically, your deposit will process within 15 minutes and is then available to use on the sportsbook.
You can deposit and withdraw using an electronic check (eCheck) and you can withdraw by paper check. Typically, you cannot deposit directly to a sportsbook using a regular paper check. With eChecks, after a player requests their bank to transfer money from their bank account into a sportsbook, the request is first passed through a clearing house before the funds are transferred.
WHAT WITHDRAWAL METHODS CAN I USE AT NEW JERSEY SPORTSBOOKS?
Typically, there are fewer options for withdrawing and it takes longer than depositing. The most common form of withdrawal is by check, paper or eCheck. If you want to withdraw by a particular method, you must first have used that same method to deposit.
WHAT TYPE OF BETS CAN I MAKE IN NEW JERSEY?
Here are some of the wager types you can enjoy at most NJ sports betting sites:
This is the most popular bet type, it is simply betting on a specific team to win. The team with the negative sign is the favorite and the team with the positive sign is the underdog.
Example: New York Jets are @ -165, New York Giants @ +140: the Jets are favorites and the Giants are underdogs. In this example, if you bet on the favorite, the Jets, you have to bet $165 to win $100. If you bet on the underdog, the Giants, you’ll bet $100 to win $140. Moneyline bets on solely who wins.
Point Spread Bets:
Also known as betting the spread, this bet is on who wins and by how much. It is used to even out the odds between two unevenly matched teams. The sportsbook estimates which team is expected to win and by what margin. The favorite has a negative sign and the underdog has a positive sign. Players then bet that the team expected to win will exceed the margin of victory and “beat the spread” or players will bet the underdog will lose by fewer points than the margin thus “cover the spread”.
Example: Patriots vs Rams. Patriots are favorites (-5), they have to win by six points or more to beat the spread and the Rams would have to lose by four points or less to cover the spread. If a game results in the exact number (e.g. in this case if the Patriots win by exactly five points) it would be a ‘push’ and bettors on either side would be returned their original wager. The spread is often expressed in half points to avoid a “push”/tie.
Total Bets – Over/Under:
This is a single wager that the combined score of a game will be over or under what the sportsbook sets it at before the game. The bettor is not concerned about which team will win but is concerned on the combined number of points/goals/scores scored by the teams by the end of the game. Those who think the score will be higher than that set by the sportsbooks are “taking the over”, those who believe the score will be lower are “taking the under”. Normally expressed in half points to avoid ties.
This is a type of wager that combines multiple individual bets into one bet. In order for the player to win, all the individual bets have to win. Despite your odds being lower to win, when you do win your payout is significantly higher. Parlays allow players to risk a small amount to win big.
These are a form of parlay bets. The differences are 1) all bets within Teaser/Pleasers are Point Spread Bets or Total Bets and 2) the spread is shifted either for the bettor (Teaser) or against the bettor (Pleaser). All the lines are shifted in the same direction either for you or against you for the same amount of points.
Teaser: Here lines are adjusted in the player’s favor thus the player has a better chance of winning, however this will be at a lower payout than a standard parlay.
Pleaser: The line is adjusted in the opposite direction of a teaser thus the line is adjusted in the sportsbook’s favor so the player has a lower chance of winning than a regular parlay but the payout will be at a much higher rate than a standard parlay.
Prop (proposition) Bets:
This is a bet on something occurring that is not necessarily directly related to the final score. It is also known as a side bet. E.g. Lebron James Assists in a game 10.5; you could bet the over or under. Tom Brady 3.5 Touchdown Passes in a game; again you could bet the over or the under. Betting on the number of fouls in either half of a game or on someone running a mile in under five minutes would also be examples of prop bets.
These are bets on an event occurring in the future. For example, you could bet on the New England Patriots to win the Superbowl at the start of the season. These are particularly popular in soccer, golf, tennis, and Olympic events.
This is betting on a particular sporting event after it has started. Odds are adjusted in real time depending on score lines, various statistics e.g. possession, injuries etc. Live betting allows continuous betting throughout the duration of a sporting event. Moneyline, Spread Bets, Prop Bets, Totals can all be placed during In-Play betting.
Round Robin Bets:
This is similar to a parlay bet. A parlay is a collection of single bets combined into one bet; a round robin is a collection of parlays placed into one bet. As a result you do not have to win every bet within the round robin to win some money, there is room for some losses. However payouts will not be as high when some of the parlays within the round robin lose.
PointsBetting (Only on PointsBet New Jersey online sports betting):
This is a brand new type of bet offered by PointsBet only. Wagers are placed on the points a team wins by rather than simply the outcome of a game. E.g. $5 placed per point the Jets win by so if for example, the Jets win by 9 points you would win $45, however, if the Jets lose by 5 you lose $25. Essentially the winnings or losses are magnified depending on “how right” or “how wrong” you are. Wagers can result in big wins, but big losses can also occur.
These are different formats for expressing odds. The decimal odds number represents the amount a bettor wins for every dollar wagered. For the decimal odds the number represents the total payout including the original wager amount, not just the profit.
Example: Decimal odds of 4.5 and you bet $1. If your team wins you get $4.50 back i.e. $3.50 profit. European odds, also known as fractional odds, are more common in European betting markets.
To convert fractional to decimal, divide the top or first figure by the bottom or second figure then add 1.
Example: 7/2 in fractional odds = 7 divided by 2 = 3.5 then add 1 which results in 4.5 in decimal notation.
We hope you’ve given you everything you need to know about online betting in NJ. If you’ve still got questions, feel free to reach out to us on social media and help us educate your fellow players in the process!
For more information on what is and isn’t allowed, make sure to check out our Legal Sports Betting in New Jersey page.
Keen to dive straight in?
Then don’t miss our Best New Jersey Sports Betting Sites page!