Nj Sportsbook

7/21/2022by admin

Updated:Feb 3^rd, 2021

New Jersey is home to some of the hottest new sportsbooks in the US, and TopNJCasinos is where you can find the best NJ Sportsbooks the state has to offer. Our purpose is to help NJ sports betting fans find the top online sportsbooks available on the brand new Garden State market.

New Jersey Devils @ New York Rangers. NHL Today 4:13pm. Spread total Moneyline. New Jersey Devils +1.5-196. New York Rangers-1.5 +165.

New Jersey is home to some of the hottest new sportsbooks in the US, and TopNJSportsbooks is where you can find the best NJ Sportsbooks the state has to offer. Our purpose is to help NJ.
Please note that you must be located within the State of New Jersey to wager for real money. If you or someone you know has a gambling problem and wants help, call 1-800 GAMBLER.
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Finding Top NJ Sportsbooks

The NJ online sports betting industry may not have the tradition of markets like Las Vegas or the United Kingdom, but the state has done a lot in a little bit of time to emerge as a key player in the global sports betting movement.

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The competition between the first NJ online sportsbooks has been palpable which is good news for those trying to find one specified to their particular tastes.

However, not just instate competition, but competition amongst sportsbooks around the world both in the UK and Vegas play a factor in determining odds and other features offered by most online betting sites.

NJ sportsbooks have a long way ahead of them, for certain and still need to up the proverbial ante in some areas to catch their global counterparts, but if early indications are anything, NJ online sportsbooksare making impressive first impressions.

What’s the Latest on NJ Sports Betting

Is Sports Betting in NJ legal?

Yes. Sports betting became legal in the state of New Jersey back in May 2018 thanks to a landmark decision by the U.S. Supreme Court. The high court decided to rule in favor of NJ governor Phil Murphy in the case of NCAA v. Murphy and strike down PASPA, a 1992 federal ban on sports betting.

The fight was a long and arduous one for the Garden State, but as a reward it became one of the first states to fully allow sports betting outside of Las Vegas giving it a major competitive advantage against neighboring New York.

How Can I Take Part in NJ Sports Betting?

To join in on the fun, users need to be either New Jersey residents or simply be located within state boundaries at the time of the wagering and to collect their wagers.

Signing up can be as simple as creating a username and password for some sites, but others might require a little more information to place the first bet.

Best Online Sports Betting Tips

Sports betting online can be difficult to become consistently good at as an investment and commitment to accruing more sports knowledge must be made along with the monetary investments and commitments made while wagering.

Being a good sports bettor and a big sports fan are two very different things as oftentimes the biases and personal stakes in competitions should be taken out of the equation. Events should be viewed as impartially as possible by the bettor to make the most informed decisions at the virtual betting booth.

This is the number one thing to remember when actually placing sports bets in NJ, but what sets one sportsbook apart from another?

Let’s explore than in the next section.

Comparing the Best NJ Sports Betting Sites

Things to Consider When Looking at NJ Online Sportsbooks

There are several different factors to consider when trying to discern which online sports betting outlet will be best for you. Having that knowledge going in to your search is part of why we’re here at TopNJSportsbooks.com.

We pride ourselves on the ability to provide users and NJ sports betting fans with the information and best sportsbook reviews they need to make the best choice for themselves based on their own personal criteria and preferences.

The following list provides an in-depth look at unique features that every NJ online sportsbook may or may not have. These key areas should be observed by the prospective sports bettor so that they might hone in on their ideal match.

Betting Lines

Betting lines can differ from sportsbook to sportsbook and be a key factor when choosing one. Bigger payouts can be the ultimate deciding factor, in fact, to those taking the time to compare them.

Sports and Markets Offered

The types of sports and markets for each of those sports is another important factor for most bettors. After all, if one sportsbook offers a specific market that another might not, it will surely steer a potential customer its way.

Betting Features

NJ Sports betting sites may offer special features unique to their own brand or have better versions of the same features.Live betting, for example, has become a fairly uniform feature on most betting sites, but some may offer an more in-depth experience than others. Some may offer live-streaming video content, while others may take a more bare bones approach.Early cash outs are another common feature offered by some sites and factors like the timing of the cash out and amount can all factor into analyzing which sportsbook does it best.

Mobile App

Does a site offer a slick mobile app or a layout friendly with mobile web browsers?Either way, it’s important to see how each NJ online sportsbook holds up when pulled up out in the field. Bettors won’t be able to always place bets from the convenience of home, and most providers understand this.Having a killer app or simply streamlining a mobile site can be make-or-break for consumers looking to do their betting on the go.

Welcome Bonuses

With so many brand new customers in NJ, sportsbooks are eager to draw them in. What better way to do so than with Welcome Bonuses for first-time users?When picking the best deals its important to remember to read to fine print, that is look at each offers’ betting requirements as these will often determine the best choice.That’s often a better gauge than the amount of the offer itself, usually displayed in big bold fonts with the details a little harder to find.

Rewards and Loyalty Programs

Once new customers are brought in, it’s important for NJ online sportsbooks to keep them invested. That’s where a host of different rewards and loyalty programs come in.If customers are expected to consistently put their money at risk, most sportsbooks realize that little boosts every once in a while go a long way.Potential bettors should thus be sure to take a look at what each site’s accumulative rewards programs look like and how often they repay them.

Withdrawal and Deposit Options

Finally, another pivotal question: How can you place bets without the funds in the account to do so?Generally sites that accept the most variety of payment options are preferable, but withdrawal is equally as important.No one wants to wait the maximum amount of time to receive their hard-earned winnings, obviously.

Contributors

Adam Thompson

Reviewer sinceJune 2019

A successful handicapper with more than a decade in the sports and gambling industry, Adam enjoys writing about (and playing) poker.

Interests: Online Sports Betting, Online Poker, Online Casinos

Welcome to our live odds feed page! This page is designed to be your best friend when it comes to shopping for the most competitive odds and lines in New Jersey.

The feed you see below is a real-time display of the odds you can find at New Jersey online sportsbooks. By using our dropdown menus, it is simple to move back and forth between different sports and types of bets.

Make sure that you bookmark this page. The feed is already packed with great information, and we are adding features to it all the time. If you’re a serious sports bettor in New Jersey, you need to know where to find the best prices.

Compare NJ sports betting odds

The most common types of bets

If you use our dropdown menus, you’ll notice that we have options for three different types of sports wagers. These three types of bets are the most common sports bets that people use, and you will find them in circulation at every sportsbook you ever visit, online or live. They are:

Moneylines
Spread (aka point spread)
Totals (aka over/under)

One thing to bear in mind is that our feed is not static. Since it’s a live feed, the numbers are always changing. So, you must act quickly if you see an opportunity.

Hopefully, you already have an account at the sites listed. However, if you do not, make sure that you double-check your selected wager after you register. It may have moved and not be as golden as an opportunity anymore.

The good news is that we have added a function into the feed to make things easier on you when it comes to grabbing those great odds. If you hover over the odds that you like, you should see a “Bet Now” button appear. Pressing this button should whisk you to the desired bet quickly and speed up the process.

A quick primer on these common bet types

If you’re new to sports betting, welcome! You’ve come to the right place for information about how all this stuff works.

The three betting types mentioned above are essentially universal in sportsbooks. So, let’s go over how each of them works.

Moneylines

At their core, moneylines are the simplest type of sports bet. They are a wager on which team will win, nothing more.

However, they can be intimidating to new sports bettors because of their signature mark — the three-digit number that appears next to team names.

A typical moneyline listing might look something like this:

Team A -220
Team B +175

Those three-digit numbers tell us two different things. They tell us which team is favored to win, and the payout ratio associated with winning bets on each team.

So, since Team A has a negative moneyline, it is the favorite to win. Team B, with its positive moneyline, is the underdog.

How payout ratios work on moneylines and other bets

Now, before we proceed, we need to talk about how the payouts work on moneylines. Sportsbooks often use the same format elsewhere, so it’s important to have a solid understanding of this display before you proceed.

Since Team A is the favorite, the -220 is telling us that we must wager $220 to win $100 in profit. If we bet on Team B, the +175 tells us that we will receive $175 in profit for every $100 we wager.

Remember that these numbers are only ratios. You can bet however much you like. The sportsbook will adjust the payout proportionally to your wager size.

If you want to figure out the payout for yourself, however, then here’s what you do:

Divide the payout ratio as follows: Payout divided by Bet Size
1. 100/220 = 0.455 or 5/11
2. 175/100 = 1.75 or 7/4
Multiply your bet by the result. So, if we bet, say, $60, then:
1. $60 x 0.455 = $27.30
2. $60 x 1.75 = $105
Add your bet back into the profit
1. $27.30 + $60 = $87.30
2. $105 + 60 = $165

Since sportsbooks commonly use this format to express the payouts on other types of bets, it’s a good idea to be able to do these kinds of calculations. For instance, in the spread bet example below, the advertised payout was -110.

So, in that example, every $100 wager will result in a profit of $90.91 and a payout of $190.91. Simply run through the calculation detailed above to figure out how bets of other sizes will pay.

No matter which side of a bet you take, you will always receive slightly less than the true odds on your money. The discrepancy is because the sportsbook makes its profit out of every bet. The amount it takes out is called the “vig,” which is short for vigorish.

Spreads

Spread bets, or point spreads, are the margin of victory in a game. The sportsbook attempts to predict what the eventual margin will be, and bettors place wagers regarding the accuracy of that prediction.

So, a typical spread listing might look something like this:

Team A +8.5 -110
Team B -8.5 -110

The spread is always the pair of equivalent numbers that only differ in their sign. The positive spread is placed next to the team expected to lose, and the negative spread next to the favorite.

In this example, the sportsbook is estimating that Team B will win the game by 8.5 points. So, sports bettors would place their wagers about whether they believe Team B will win by more than 8.5 points, or that Team A will lose by fewer than 8.5 points.

If Team B is successful in winning by more than 8.5 points, it is said to have “beaten” the spread. Conversely, if Team A can lose by fewer than 8.5 points, it will have “covered” the spread.

Notice that Team B can produce a winning wager and still lose the game. Spread bets are notable for the fact that the actual outcome of the game is largely irrelevant to the determination of the wager.

You may be wondering why the spread is estimated as a half-point measure when teams cannot (usually) score in half-points. Well, sportsbooks often set their estimates as half-points to avoid the possibility of ties. A tie would mean that the book would have to refund all the wagers, and that’s not an optimal outcome for the bookmaker.

As you can see, sportsbooks often involve the moneyline format for their payout ratios. For spreads and totals, the typical payout ratio is -110, which means that the sportsbook is charging a $10 premium for every $100 wagered. The ratio may be slightly different, however, if the sportsbook wants to influence betting one way or another.

Totals

Totals are the sports bet that most bettors know by another name. This wager is the Over/Under.

They are bets regarding the combined point total that the two teams manage to score in a contest. Bettors wager about whether the actual total will be over or under the sportsbook’s pregame estimate.

So, a typical totals bet offer will look like this:

Team A vs. Team B OVER 224.5 -112
Team A vs. Team B UNDER 224.5 -109

Totals bets are not concerned with the outcome of the game in the slightest. It is irrelevant which team does the bulk of the scoring.

Then a totals bet becomes a question of offensive and defensive potency on both sides. Bettors have to determine how both teams operate in isolation and against each other.

One thing to notice about totals bets is the fact that, like spreads, they are often expressed in half-points. The sportsbook’s reason for doing so is identical — having to refund tie bets is a headache and doesn’t help the sportsbook make money.

The other aspect to note is that, like spread bets, totals use the moneyline payout ratio to express what bettors can expect to earn. Though payout ratios tend to use -110 as their starting point, it is exceptionally common to see sportsbooks tweak the ratio to encourage betting on one side or the other. It’s not unusual to see an entire slate of totals bets without a single -110 as a payout ratio.

Other bets and their odds

Those three types of bets are the most common in all of sports betting, and that’s why they’re on the feed right now. However, sports betting is a broad and diverse activity, and there are many other types of bets that you can make on sporting events.

So, we are providing the information below so that you know what to do if you need some variety beyond the types of wagers on the feed.

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Futures

Futures bets might give new sports bettors pause based upon the name alone. After all, all bets are in the future.

However, futures bets revolve around the culmination of a season of play. They usually deal with either a championship or an end-of-season award.

So, a typical futures bet in New Jersey might be one of the following offers:

New York Giants to win the Super Bowl +8000
New York Jets to win the Super Bowl +8000
New York Yankees to win the World Series +375
Philadelphia Phillies to win the World Series +2500
Daniel Jones to win the NFL MVP award +6600
Sam Darnold to win the NFL MVP award +8000
Aaron Judge to win the AL MVP +600
Bryce Harper to win the NL MVP +2200

All of these options have a moneyline payout ratio next to it. We took the listed moneylines from DraftKings Sportsbook, so these are as realistic as we could make them.

However, what you need to notice is that, unlike some other places where this format appears, most futures bets are entirely composed of positive moneylines, indicating that the odds are against a win. The reason that most futures bets are longshots is that the level of unpredictability for each event is so great.

What bettors are wagering is on their selected player or team and against everyone else. The chances that someone else will win are usually far greater than the chances that your pick will win, even if they are the favorite.

So, even if the New York Yankees are looking to add another championship to their total, the chance that someone else will foil their attempt is the more likely scenario.

Propositions

If the bet you’re pursuing does not fall into one of the categories above, it’s probably a proposition wager. Propositions, or prop bets, are side wagers on events that have little to nothing to do with the outcome of the game or match itself.

Instead, you might find opportunities to bet on which team will be the first score, will a player score a certain number of points, or which team will “win” one of the periods of play, irrespective of the actual outcome of the game.

So, here are some sample proposition bets from DraftKings Sportsbook:

Over/under on the number of strikeouts a pitcher will throw
Player(s) in a game that will hit a home run
3-pointers a player will make in a game
Player to score the first basket in a game
The team first to score 20 points

Anytime you see a bet phrased as a question, you’re probably looking at a prop bet. Prop bets are also used to break down games into smaller segments or to focus on specific aspects of the game. If there is a level of specificity in how a wager is phrased, it’s most likely a proposition.

Live betting

A subset of prop betting is one of the most important types of wagers that are in circulation today. Live betting, or in-game wagering, allows players to make bets on games that are already in progress.

Live bets are fast becoming the dominant form of wagering in all of the sports betting in the U.S. The vast amount of flexibility that the bet type bears allows players to wager on almost anything they want.

This flexibility stems from the different types of wagers that typically occupy a sportsbook live betting for an event. Live betting usually comes in one of three flavors.

Continued pregame bets

The first type of live betting that you’ll see is simply a continuation of the pregame bets that you could’ve chosen all along. So, spreads, moneyline, and totals will still be a wagerable commodity after tip-off, the puck drop, or the umpire’s “play ball.”

The only difference is that the lines are no longer based upon the same pregame information that you, the bookmaker, and everyone else had. The estimates change dynamically according to the progress of the game. So, even though it seems like you’re still making the same type of wager, you’re prop betting at that point, and it pays to do so with caution.

Achievement of milestones

The second type of live wager that you will encounter deals with the achievement of milestones during the match. These milestones can be specified either to a team or an individual. They are usually based upon single-game achievements, but it might be possible to see a season or career milestone question if a player or team is approaching its fulfillment.

The trick with these kinds of bets is that they can be deceptive in their logic. For instance, if a basketball player scores 10 points in the first half, a sportsbook might ask about the chances he’ll score more than 20 points for the game.

On the one hand, a linear progression like that seems like it makes sense. Some players are, in fact, that consistent. However, there’s no guarantee that the player won’t get tired, get injured, or receive less playing time if the game becomes less competitive towards the end.

Partial game results

The most commonly found type of live bet, however, is the partial game result. As a general rule, these wagers revolve around the outcome of particular periods of play.

However, the definition of a “period of play” has changed considerably as sportsbook technology has improved. Although you can readily find questions about standard periods of play, like quarters or halves, many sportsbooks are now drilling down to the outcomes of smaller periods. It’s not uncommon to see bets about the outcomes of individual plays.

Because of this granularity, live betting is far more common online than in retail. The logistics of betting live in a retail sportsbook make for difficult times for both sportsbooks and players.

However, since there are now so many opportunities to bet, it is not unusual for a sportsbook to offer more than one hundred different wagering options on a single game or match. This ballooning of opportunity has been a boon for sportsbooks and sports bettors alike.

Parlays

Parlays are a type of bet made of other bets. In a parlay, you select several different wagers from the types listed above and combine them into one massive conglomerated bet.

Each piece of a parlay is known as a leg. In most cases, you can stack together as many bets as you want, but most parlays don’t have more than ten legs.

The defining feature of parlays is the fact that there is no margin for error when you make this wager. If any of the legs you chose turns out to be false, the entire bet is lost.

So, let’s say that you’re looking at the following wagers:

Philadelphia 76ers vs. Boston Celtics: PHI +6 @-110
Dallas Mavericks vs. Los Angeles Clippers: DAL moneyline @ +235
Orlando Magic vs. Milwaukee Bucks: ORL moneyline @ +650
Miami Heat vs. Indiana Pacers: IND +4 @ -109

If you were to bet all four of these wagers individually, with each one receiving a $25 wager ($100 total) you would have a potential payout from DraftKings of $367. If you lose one of the bets and win three, you’ll still win some money, but less than you potentially could have.

However, if you were to fold all four bets into a parlay, the potential payout jumps astronomically. Parlay bettors with the same legs and the same $100 wager could realize a profit of $9,213.84.

Unfortunately, you have to get every single bet in a parlay right to collect.

New Jersey sportsbooks have consistently reported higher margins and profits from parlay bets for a reason. You need to understand how much risk is involved with this wager. You are set to win more than 92 times your bet, and the sportsbook is comfortable taking that chance.

Parlays are the definition of high-risk, high-reward scenarios. We recommend that you don’t bet any money on parlays that you need for something else. Make sure that it’s money you don’t mind losing because that’s probably exactly what you’re going to do.

Teasers and pleasers

Sportsbooks know that parlays are a bit on the intimidating side. So, they have been known to tweak the standard parlay to appeal to different tastes in their customer bases.

Hence, they invented the teaser and the pleaser. These rhymed bets are, in fact, mirror images of one another.

Teasers

In a teaser, the sportsbook allows the bettor to apply a blanket adjustment to all of his or her legs in a parlay. So, for instance, all spread bets on the favorite might reduce the spread, and all spread bets on the underdog might increase by the same amount.

Generally speaking, sportsbooks restrict teasers to parlays on games with significant amounts of scoring. So, it’s more likely that you’ll find them on basketball and football games than, say, soccer or hockey.

Teasers are also usually restricted to spread bets and totals. Calculating the appropriate shift on a moneyline is simply too difficult to figure.

At this point, teasers sound like a no-brainer for parlay bettors. However, there are tradeoffs with everything in life, and teasers are no different.

Because the sportsbook is allowing you to adjust the parlay in your favor, it charges you a premium for the consideration. A teaser will pay significantly less than a straight parlay with the same legs.

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Pleasers

Pleasers do the exact opposite of teasers. Where teasers adjust in favor of the player, pleasers adjust in favor of the sportsbook. So, all of those spreads and totals bets just became much harder to win.

You may be wondering why someone would ever agree to such a stipulation. However, you have to remember that everything about a teaser is flipped in this kind of wager.

So, it is possible to enhance your profit potential in a pleaser versus the payout you’d get in a straight parlay with the same structure. If you are the kind who wants to squeeze as much potential as you can out of a bet, a pleaser might be your cup of tea.

Pleasers are far rarer than teasers, however. For whatever reason, most people seem to believe that winning a parlay is difficult enough without giving more points back to the sportsbook.

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What is an odds boost?

If you play on one of New Jersey’s online sportsbooks, you might come across a mention for an odds boost. You may wonder what this phrase means and whether you should be interested.

An odds boost is a type of promotion that bumps up the potential payout on a bet beyond what the odds suggest it should be. Yes, you should be interested, but only to a certain degree.

Sportsbooks often use odds boosts as a way to funnel interest to bets that they want to highlight. Many books have a rotating odds boost section that they update every day.

So, for instance, you might see listings like this:

Mike Trout to hit a home run +240 +300
Paul George to score the first field goal +600 +655
Neymar to score and PSG to advance +150 +175

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As you can tell, most odds boosts tend to be on prop bets. Other types of bets, like spreads and moneylines, do not come with as much uncertainty, and an odds boost could result in a financial hit for the book.

Odds boosts are also not sufficiently significant to break the bank or cause someone to become rich overnight. They are just a little bump to throw a few extra dollars at winners. If you were already planning on making a similar type of wager, there’s no reason to shy away from them.

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