While dozens of states are expected to pass laws to allow gambling on sports, New Jersey will be the first to allow legalized sports betting following Monday’s Supreme Court decision — with the first bets expected to be accepted in about two weeks. Here’s everything you need to know about placing a bet on sports in New Jersey, the state that beat back the federal ban:
Now that the Supreme Court has legalized sports betting in New Jersey, when can I place a bet?
Monmouth Park expects to begin taking bets around Monday, May 28. Other state racetracks, like the Meadowlands, and Atlantic City casinos will follow weeks later.
How can I place a bet?
The most convenient way is to drive or take an Uber to Monmouth racetrack — roughly 55 miles from Manhattan in Oceanport, NJ. Currently, NJ Transit trains only run to the track when the horses are running.
How much will it cost to take an Uber?
About $150 each way.
How old do I need to be to bet on sports?
Twenty-one years old.
Does the Monmouth Park sports book have an app?
Not yet, but management believes there will be one available soon after it opens for business. It has not yet been decided if bettors will have to visit Monmouth to activate their account.
Can I place a mobile or online bet from anywhere in the US?
No. Bettors will have to be in New Jersey when placing bets. They do not need to be New Jersey residents.
How many hours will the Monmouth sports book be open?
Monmouth believes it will be open daily from 8 a.m. to about 2 a.m.
How much can be bet?
The amounts should be nearly limitless. Ultimately, at Monmouth it will be up to bookmaker William Hill, which is running the sports book there.
Can I make in-game bets?
Yes. Sports books make an estimated 40 percent of their revenue from in-game action.
Can I make sports fantasy bets?
No. Monmouth believes there is not enough money to be made from fantasy sports.
Can I bet on local teams?
Yes, all professional teams. All college games played in New Jersey will be off the board — as will games played by in-state college teams, like those from Rutgers and Seton Hall, wherever they play.
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