ALL BETS ARE ON!
Sports will never be the same af ter Supreme Court OKs gambling on games
A U. S. Supreme Court ruling on Monday opens the door for New Jersey to allow casinos and racetracks to have sports books where bettors can gamble on all games. It won’t be long before New York and other states follow suit and have legalized sports betting.
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 Racetrack expects to begin taking bets around 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 to Monmouth Park — roughly 55 miles from Manhattan in Oceanport, N.J. Currently, N.J. Transit trains only run to the track when the horses are running.
How old do I need to be to bet on sports?
21 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 accounts.
Can I place a mobile or online bet from anywhere in the U.S.?
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 fantasy sports 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.