In recent years, New Jersey has become the first state to provide legal sports betting. The new law takes effect in July, but the festivities and excitement begin long before then. Local sports enthusiasts and sport lovers plan trips all over New Jersey to be part of the celebration.
In New Jersey, sports betting is legal as long as wagers are placed at casinos or online sports betting sites and no outside gambling is involved. State athletic associations and conferences sponsor events through such venues. While high school and college games are often advertised, sports betting on college and high school games is not widely advertised. That is because it is considered illegal to place bets on these games, even though the odds are slightly in favor of the home team.
“The New Jersey State Athletic League and the National Collegiate Athletic Association are the only two legally recognized sports betting leagues in New Jersey,” according to the NCSL’s New Jersey Division of Gaming Licensing. The National Collegiate Athletic Association, or the NCAA, runs tournaments and championships for football, basketball, baseball and other sports. The tenth amendment of the constitution protects the rights of individuals to participate in the NCAA tournaments, events and championships “for personal sports.” It also protects the rights of the association to determine how and if conference tournaments and contests will be conducted and governed. This amendment was added by the NCAA during the twentieth century. The tenth amendment also gives the powers of the governing boards of the Division and bowls of the NCAA the power to bind their athletes under NCAA rules.
Today, according to the Atlantic County Daily Advance, one sports betting site in Atlantic City, New Jersey “will give each bettor four different odds on every game.” The Atlantic city is home to the NHL’s New Jersey Devils as well as the NBA’s New Jersey Nets and the WNBA’s New Jersey Jazz. The state of New Jersey’s budget is said to have provided the funding that created this new sports betting site. However, no word has been made as to whether or not the funding was specifically provided to allow for the creation and operation of the Atlantic city’s first legal sports betting facility.
New Jersey provides its residents with another type of unique sports betting offering. The New Jersey Lottery Commission recently began offering its members the opportunity to place bets on college football games. According to the newspaper, officials expect this new service to be available to the public by the end of the upcoming fiscal year, which begins on July 1st. The announcement of the new lottery format comes just one day before the college football season begins.
The New Jersey Lottery Commission will be offering bettors special “prospect” items. These will include a free playing ticket to the New Jersey Meadowlandsorses’ Home Open, which is scheduled to start on Saturday, April 8th. The Commission is also planning an exciting pre-season game against other major sports betting competitors. Bets on the New Jersey Revolution vs. the New York MetroStars are already underway and have a maximum wager of one dollar. It is expected that the price of tickets will increase once the team plays a home game against a team from the same league.
While the New Jersey Lottery Commission is pleased with the response to its new sports betting opportunities, it has warned would-be bettors that winning bids on tickets must be submitted in cash. Any electronic form of payment will be declined. Online sportsbooks have accepted the request to allow New Jersey residents to place bids on the new jersey state football game. This will be the first-ever sports bettors in the state to have this opportunity. If the online sportsbooks do not offer this opportunity, New Jersey residents will be forced to play their traditional picks during the state playoffs.
The New Jersey Lottery Commission has also launched an interactive website that will help residents learn more about sports betting. The website will provide basic information about the games, including how much you stand to win, as well as helpful tips and advice. The Commission has launched an interactive video that will take visitors through the different aspects of online gambling, and how winning amounts change according to the odds of the particular game.