Sports Betting In New Jersey At An All Time High
December 30, 2019
If you’re a resident of the United Kingdom then it’s likely that you won’t have faced many issues placing bets online whether they be on sports or at an online casino. Gambling in the UK is legal which hasn’t always been the case in the United States.
The laws for wagering real money on sports in America vary depending on what State you are in. Currently, New Jersey is leading the way with bettors wagering more in this state than in any other.
The state of New Jersey began to allow in-state online gambling in 2013 and five years later in May 2018, the state won a lawsuit to legalise sports betting.
A year after the Supreme Court ruling, US residents betting on their mobiles and taking a trip to the state have resulted in New Jersey sportsbooks taking in almost $3 billion. More than was wagered in the state of Nevada which is home to Las Vegas.
New Jersey and Nevada aren’t the only states to legalise sports betting. Since the ruling, 11 states, including New York, have joined the club including those with pending launch dates. An additional 24 states also have pending legislation.
Where Can You Bet On Sports Online In New Jersey?
There are a number of sportsbooks which now accept bets from customers in states where sports betting has been legalised. Sports betting in New Jersey didn’t take long to take off and now there are dozens of betting sites accepting bets. Just 3 months after the ruling in May 2018, DraftKings Sportsbook launched with FanDuel Sportsbook following just weeks later. Other New Jersey sportsbooks include BetMGM, Caesars, PointsBet Sportsbook, Fox Bet NJ, as well as a couple of names UK bettors will be familiar with such as William Hill and 888 Sport.
The rise of mobile betting has helped New Jersey overtake Nevada in the level of sports bets taken over the past year with a reported 80% of bets placed through mobile devices.
Head of digital sportsbook operations at DraftKings, Jamie Shea said:
“Over the past year, New Jersey has in many ways ascended to the center of the sports betting universe thanks largely to the Garden State’s embrace of mobile technology. We have taken in over 20 million bets via mobile and paid out over $600 million in New Jersey alone.”
Despite the vast majority of sports bets being taken on mobile devices, bettors must be located in a state where sports betting is legal to legally place their bets.
New Jersey is next door to New York which is home to millions of dedicated sports fans. Many of these fans have been making the short trip across the border to place their bets and have contributed to the success of sports betting in the state. Sports such as Baseball and Basketball are more popular in New York than in Nevada which has also helped New Jersey overtake the home of Las Vegas in total sports wagers.
Sports betting in the United States is going through an exciting development stage and it’s clear we’ll be seeing more states start to accept sports wagers in the very near future.