Where Can I Bet On Sports In New Jersey?
There are two different categories of places to bet on sports in the state of New Jersey. The first category is retail sportsbooks, and there are 10 of them located throughout the state. Most of these retail sportsbooks are located in or around Atlantic City, which is sort of like the East Coast’s answer to Las Vegas.
The next category is online or through a mobile sportsbook app. There are currently more than a dozen online or mobile sportsbooks that are live in New Jersey, and that number will likely have risen by the time you are reading this.
Visiting a retail sportsbook is the more traditional way to bet on sports, but utilizing a mobile or online sportsbook is more convenient, and many people would consider it easier.
Do You Have To Live In New Jersey To Bet Online?
The short answer to this question is no, but some online sportsbooks will ask for your mailing or billing address in order to allow you to create a new account. Most online sportsbooks will allow you to create an account even if you don’t live in the state, but your physical address will be needed each time you log on to the site or the sports betting app.
As long as you are within state borders, then you can place a bet on sports in New Jersey, although you might as well move if it means that much to you.
What Is The Best Site For Sports Betting?
The best online site for sports betting is the one that fits your betting needs the best. It’s really a matter of personal preference, but you will definitely find what you are looking for in New Jersey.
With new sportsbooks opening up all of the time in the state, it is important to do your research before sticking to just one sportsbook. Think of the sports betting industry in New Jersey as a buffet, and you bought an all-you-can-eat ticket.
Go ahead and try them all out before settling on just one. With that said, DraftKings, FanDuel, and PointsBet are three of the most popular and highly reputable online sportsbooks currently live in the state.
How Will New Jersey Tax Sports Betting?
The state of New Jersey has three different tax rates depending on the type of operation that is offering the betting. Land-based retail sportsbooks in the state must pay an 8.5 percent tax on all sports betting revenue. Casinos that offer online sports betting must pay a 13 percent tax on all sports betting revenue, and racetracks pay a tax at a rate of 14.25 percent.
What Is The Safest Online Sports Betting Site?
Honestly, all of the licensed online sports betting sites in the state of New Jersey are extremely safe. They all must follow a very strict list of rules and regulations that are provided by the state, and there isn’t any funny business that is going on.