New Jersey Sportsbooks & Legal NJ Sports Betting

New Jersey

Updated August 5, 2022

New Jersey has sports betting has retail and online mobile sports betting. The Garden State fought hard against the Professional and Amateur Sports Protection Act (PASPA) for a decade. And finally, in May 2018, it was ruled unconstitutional — enabling states to allow sports betting if they choose. New Jersey quickly legalized and has the most mature new sports betting market in the nation with competitive pricing and extensive sportsbook coverage. Get the latest promotions, insight into local betting rules, and educational tips to bet responsibly here.

Latest Sports News in New Jersey:

  • The Yankees dropped 2-of-3 at home against the Seattle Mariners this week and will travel to St. Louis to play the Cardinals in a three-game series starting Friday. (8/5)
  • The Mets won 2-of-3 against the Washington Nationals this week then returned home Thursday to take the first game in their five-game series against the Atlanta Braves. The Mets have won nine of their last 10 games. (8/5)
  • The Jets and Giants opened their respective training camps last week as they began preparations for the upcoming NFL season. (8/5)

What to Keep an Eye on:

  • Aaron Judge continues his potential AL MVP campaign, but he'll have to contend with Angels superstar Shohei Ohtani, who is putting together a remarkable season on the mound and at the plate. (7/26)
  • The Knicks continue to be connected to Utah star Donovan Mitchell in potential trade rumors. Will the Knicks be able to pull off a deal to bring Mitchell to New York to team up with Jalen Brunson, R.J. Barrett and Julius Randle? (7/22)
  • The status of Kyrie Irving and Kevin Durant continues to hang in limbo as the Nets work through different roster scenarios for the troubled duo. (7/12)

New Jersey Sports Betting Key Takeaways

⚖️  Is online sports betting legal in New Jersey? Yes. Legal sportsbooks and mobile apps began operating in New Jersey in August 2018 after Gov. Phil Murphy signed a bill legalizing sports betting earlier that June. This gave books time to get ready for the 2018 NFL, NBA and NHL seasons, and the MLB postseason.
💸  Who can legally bet in New Jersey? You must be 21 years of age or older and physically in New Jersey (verifiable by your mobile device's geolocation tech, or a downloadable desktop plugin) to place bets on online sportsbooks.
📒  What online sportsbooks are available in New Jersey? BetMGM, PointsBet, FanDuel, Caesars, WynnBET, SugarHouse, Betway, Unibet and DraftKings 
🏈  What sports can I bet on in New Jersey? You can bet on all major sports (relative to other legal U.S. markets), but you can't bet on New Jersey-based college teams, there is no live betting on any college sports and betting on college player props is not allowed.


Right Arrow
No promotions available. Try selecting a different location.

Where to Play: Legal Online Sportsbooks in New Jersey

Top New Jersey Sportsbooks

Watch out, Vegas, you have some company. New Jersey has become an absolute force in the sports betting world, largely thanks to its online sports betting presence. Given New Jersey’s low entry fees for operators, there are already more than a dozen sportsbooks offering legal online sports betting in the state. Here are some of the best mobile sports betting operators in the state:

BetMGM logo

BetMGM New Jersey

BetMGM is coming to the table with a terrific offer that’s easy to understand and easy to take advantage of: You'll get a risk-free bet up to $1,000. Place your first bet of up to $1,000. If it doesn't hit, you'll get bonus cash matching your first bet up to $1,000. One benefit of having a BetMGM account is the ease with which deposits and withdrawals are made. Bettors will also be pleased to see their daily odds boosts, which provide an easy edge if you’re having trouble finding one in normal markets.

BetMGM Bonus

Claim $1,000 in risk-free bets

BetMGM Bonus Code


Action Network Score

9.8/10. See our BetMGM review for more in-depth information about BetMGM and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstarstar
Betting Options starstarstarstarstar
BetMGM vs Other Sportsbooks starstarstarstarstar

Caesars logo

Caesars New Jersey

Caesars is a top player in the sports betting industry, and that is apparent with its stellar sign-up offer for New Jersey bettors: New bettors receive up to $1,500 in first best insurance. Caesars has been aggressive when it comes to getting into new states, and they offer some of the most aggressive promotions in the market. Looking forward, we can expect Caesars to become a big player in the sports betting industry.

Caesars Sportsbook Promo

Receive up to $1,500 in first bet insurance

Caesars Sportsbook Promo Code


Action Network Score

9.5/10. See our Caesars review for more in-depth information about Caesars and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstarstar
Caesars Sportsbook vs Other Sportsbooks starstarstarstar

PointsBet logo

PointsBet New Jersey

PointsBet offers a $2,200 risk-free bonus. Here’s what that means: 

  • Get a free bet refund of up to $1,600 on your first Pointsbetting wager 
  • Get a free bet refund of up to $600 on your first Fixed Odds wager

This is an extremely strong offer since you’ll get at least $600 in free bets deposited into your account within 24 hours if you lose your first Pointsbetting or Fixed Odds wager. PointsBet lets you use those site credits on just about any type of wager, so keep in mind that you will need deposit one of the amounts mentioned above in order to qualify for this bonus. “Points Betting” is a unique way of betting that only PointsBet offers. This high-risk/high-reward style is always there if you’re feeling extra confident about a certain bet. Perhaps the most enticing feature, though, is the ability to sync bets to the Action app via BetSync. BetSync is a way bettors can track all of their wagers without having to manually enter them into the Action app.

PointsBet Promo

Up to $2,200 in risk-free bets

PointsBet Promo Code


Action Network Score

9.7/10. See our PointsBet review for more in-depth information about PointsBet and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstarstar
PointsBet vs Other Sportsbooks starstarstarstarstar

WynnBET logo

WynnBET New Jersey

WynnBET is offering a straightforward sign-up deal for New Jersey sports bettors: Bet $100 and get $100 ($50 sports + $50 casino), no matter what. WynnBET is a strong choice if you're a new user because of the intuitiveness of the app. Its "minimalist" approach is easy to get used to, and WynnBET's accessibility is one of its strong suits.

WynnBET Promo

Bet $100 and receive $100

WynnBET Promo Code


Action Network Score

9.4/10. See our WynnBET review for more in-depth information about WynnBET and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstar
WynnBET vs Other Sportsbooks starstarstarstar

Betway logo

Betway New Jersey

Betway does not offer the bells and whistles of some of the other big-name apps, but overall the app experience is a good one as users will enjoy the ease of navigation and a registration process that is seamless and simple. New Jersey bettors can sign up with Betway and enjoy a risk-free bet up to $1,000, and there is no promo code required to take advantage of the offer.

Betway Promo 

Up to a $1,000 risk-free bet

Betway Promo Code

There is no promo code required to claim the Betway offer

Action Network Score

8.9/10. See our Betway review for more in-depth information about Betway and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstar
Mobile App & Website starstarstar
Registering & Cashiering starstarstarstar
Betting Options starstarstarstar
Betway vs Other Sportsbooks starstarstarstar

FanDuel logo

FanDuel New Jersey

If you like risk-free bets, you’ll love this offer: FanDuel offers new users a risk-free bet up to $1,000A risk-free bet is exactly what it sounds like: If your first bet wins, nice work, you get paid out in cash, per usual. If your first bet loses, you’ll be 100% refunded, up to $1,000, in the form of site credit. Best of all, the bet credits only need to be rolled over once to turn into cash. Like DraftKings, FanDuel has used its experience in the DFS industry to create a very strong mobile betting experience. In addition to smooth operations and logistics, FanDuel has been known to post crazy offers that both new and existing users can bet on. For example, 76ers with a +54.5 spread.

FanDuel Promo 

Up to a $1,000 risk-free bet

FanDuel Promo Code

There is no promo code required to claim the FanDuel offer

Action Network Score

9.5/10. See our FanDuel review for more in-depth information about FanDuel and step-by-step instructions on how to sign up.

Category Star Rating
Bonuses & Promotions starstarstarstarstar
Mobile App & Website starstarstarstarstar
Registering & Cashiering starstarstarstarstar
Betting Options starstarstarstarstar
FanDuel vs Other Sportsbooks starstarstarstarstar

SugarHouse logo

SugarHouse New Jersey

SugarHouse is offering new users in New Jersey the chance to earn up to a $250 deposit match at sign-up. That means if you deposit $50, you'll receive $50 in free bets. If you deposit $250, you'll receive $250. Note that this is a one-time offer, so make sure to get the best bang for your buck: If you deposit just $10, you'll get only $10 in free bets. If you want to take advantage of the full $250 available, make sure to deposit that much.

    SugarHouse Promo 

    Up to a $250 deposit match

    SugarHouse Promo Code


    Action Network Score

    8.6/10. See our SugarHouse review for more in-depth information about SugarHouse and step-by-step instructions on how to sign up.

    Category Star Rating
    Bonuses & Promotions starstarstar
    Mobile App & Website starstarstarstar
    Registering & Cashiering starstarstarstarstar
    Betting Options starstarstarstar
    SugarHouse vs Other Sportsbooks starstarstarstar

    Unibet logo

    Unibet New Jersey

    Unibet is a no-frills option for new bettors, and there is a solid promo for New Jersey bettors — a risk-free bonus bet sign-up offer of $250. Simplicity and ease of use make Unibet a solid option for newcomers and no-frills bettors. Finding games and odds is a breeze with Unibet, so bettors can place wagers in no time at all. Quick payout times also make Unibet a strong option for those Arizona sports bettors looking to cash-in and cash-out fast.

    Unibet Promo

    Up to $250 risk-free bet credits

    Unibet Promo Code


    Action Network Score

    8.5/10. See our Unibet review for more in-depth information about Unibet and step-by-step instructions on how to sign up.

    Category Star Rating
    Bonuses & Promotions starstarstar
    Mobile App & Website starstarstar
    Registering & Cashiering starstarstarstarstar
    Betting Options starstarstarstar
    Unibet vs Other Sportsbooks starstarstarstar


    DraftKings New Jersey

    DraftKings is offering a $1,000 deposit bonus for new users who sign up. The sportsbook is much like FanDuel in that it's a powerhouse brand with roots in DFS. New Jersey bettors can take advantage of both fantasy and sportsbook options when placing mobile wagers.

    DraftKings Promo

    $1,000 deposit bonus

    DraftKings Promo Code

    No promo code is required to claim the DraftKings sign-up offer

    Action Network Score

    9.5/10. See our DraftKings review for more in-depth information about DraftKings and step-by-step instructions on how to sign up.

    Category Star Rating
    Bonuses & Promotions starstarstarstar
    Mobile App & Website starstarstarstarstar
    Registering & Cashiering starstarstarstarstar
    Betting Options starstarstarstarstar
    DraftKings vs Other Sportsbooks starstarstarstarstar

    How to Place a Sports Bet in New Jersey

    It's easy to get started with sports betting in New Jersey. Here's how:

    Step 1: Choose an NJ Sportsbook

    New Jersey has more than a dozen sportsbooks, so you can shop for the best lines. But you have to start with one.

    Let's start with BetMGM, which will give you a $1,000 risk-free bet.

    Step 2: Sign up & Deposit

    Follow the prompts to set up your account with BetMGM. They may ask for your social security number or driver’s license to verify your identity and age. BetMGM will take you right to the deposit screen once you’ve put in your information. Select your payment method, then click deposit. Our preferred method is direct deposit via a bank account — that way when you cash out, the money will go right to your checking account instead of being credited back to a card.

    Step 3: Verify Your Location

    If you're using a desktop computer, New Jersey sportsbooks require you to download GeoComply, a location-tracking software. If you're on your phone, just allow the app to track your location, and you won't need additional software.

    Step 4: Place a Bet

    BetMGM offers fair odds compared to its competitors in a lot of markets.

    • Go to the sport
    • Click the line you want to bet
    • Click bet slip (or navigate if you're on a computer)
    • Enter your bet amount
    • Submit

    Congrats! You’ve just placed your first sports bet in New Jersey.

    New Jersey Bettor in New York?

    If you're a New Jersey bettor betting in New York, be sure to check out our Best Sports Betting App NY page for everything you need to know about wagering in NY.

    New Jersey Sports Betting Rules

    There aren’t many blanket rules that sports bettors must adhere to as they wager in New Jersey. Rules and limits change depending on the sportsbook and circumstance. But here are a few that apply state-wide in New Jersey:

    No betting on college teams from New Jersey, even if it’s being played elsewhere. While Rutgers is the only FBS football team in New Jersey, there is a host of Division I basketball programs with lines on their games, including Fairleigh Dickinson, Monmouth, NJIT, Princeton, Rider, Saint Peter’s and Seton Hall.

    There is no betting on college events taking place in New Jersey. Any neutral-site games — NCAA Tournament, bowl games, etc. — happening in New Jersey cannot be wagered on. There aren’t any NCAA Tournament regionals scheduled in New Jersey through at least 2022, and there are no bowl games there as of now (R.I.P. the Boardwalk Bowl and Garden State Bowl). 

    No betting on high school games. Seems fair.

    New Jersey Sports Betting Tips

    Sports betting basketball image Sports Betting for Beginners 

    New to sports betting? Check out our sports betting tips for beginners so you can get started, whether you want to bet on the New York Jets or the Brooklyn Nets. 

    Sports betting baseball image Sports Betting Glossary 

    The sports betting lexicon is vast and sometimes confusing, especially to new bettors. Check out our sports betting glossary to get up to speed with every term you might need to know before a parlay or prop bet.

    Sports betting football image Sports Betting Mistakes to Avoid 

    Betting on your favorite teams like the New York Giants might seem like a no-brainer, but you need to be careful if you’re going to stay healthy all around in the sports betting world. 

    Here are some mistakes to avoid.

    How New Jersey Sports Betting Compares: The Sports Betting Report Card

    We graded New Jersey on its sports betting bill and experience relative to other states.

    New Jersey Grading Card

    New Jersey has established the model for new states — low barrier to entry for operators, online deposits and registrations, and online casinos. This is all great news for sports bettors in the state.

    Mobile Betting Options

    New Jersey created an environment that any operator can enter thanks to reasonable entry fees ($100,000) and its tax rate (13% online). 


    Where did every state struggling to generate meaningful revenue from online sports betting go wrong? Lack of online deposits. As you do in Nevada, Iowa, and many other states, having to sign up and deposit in person is a huge friction point for consumers. 

    New Jersey doesn't have that problem. In the next hour, you can sign up for a dozen different sportsbooks. 

    Fair Pricing

    New Jersey did everything it could to create an environment that would offer fair pricing. DraftKings has especially been innovative with its original offerings and is expanding beyond sports betting into its own online NJ Casino to compensate for COVID-19 revenue losses. 

    We haven't seen a truly sharp book like Circa Sports in Las Vegas pop up in New Jersey yet, but the opportunity is there. 


    New Jersey banned wagering on events for college teams based in the state, which you'd barely notice on a college football Saturday since Rutgers is the only FBS program. You may notice it more for college basketball, with eight programs. 

    The state's Department of Gaming Enforcement is fairly generous with approving new markets for betting but will always lag behind offshore books that can offer anything they want without oversight.

    New Jersey Highlights

    New Jersey College Betting Proposal Could Correct Shortcoming

    Lawmakers introduced a constitutional amendment that would allow wagering on college sports in New Jersey. Initially just a proposal that would permit bets on college events played in the state, an expanded version would allow wagering on in-state programs as well.

    New Jersey Sets U.S. Record for Monthly Sports Betting Total

    New Jersey sportsbooks took over $748 million in legal sports wagering in September 2020, a new record both for the state and for any state in the U.S. The total beat New Jersey's previous record, set in August, by 12%, with over 90% of the total bet online. New Jersey has now surpassed $3.2 billion in sports wagering in 2020, even amidst the COVID-19 pandemic.

    New York Giants (DraftKings) and Philadelphia Eagles (FOX Bet) Announce Sports Betting Partnerships

    The New York Giants became the first New Jersey-based professional sports team to enter into a sports betting partnership by agreeing to a deal with sportsbook operator DraftKings. DraftKings will get the rights to Giants trademarks and logos along with branding rights at MetLife Stadium in East Rutherford, New Jersey. The Philadelphia Eagles announced a similar partnership deal with FOX Bet.

    Sporttrade Announces Licensing Partnership with Twin River

    Philadelphia-based sports betting company Sporttrade announced a licensing partnership with Twin River Worldwide Holdings, a step toward the nation's first regulated sports betting exchange in the state of New Jersey. Twin River will need to complete its acquisition of Bally's Atlantic City Hotel & Casino in Atlantic City, New Jersey, next.

    New Jersey Teams

    New Jersey Sports Teams & Sportsbook Partnerships

    Pro Sports Teams in New Jersey

    NFL Logo NFL

    NY Giants Logo New York Giants and DraftKings

    The New York Giants have had plenty of success in the past, most recently winning two Super Bowls in the last 15 years.

    New York Giants Odds

    Logo for the NY Jets New York Jets and WynnBET

    The New York Jets are starting a new era in 2022 after trading former starting quarterback Sam Darnold to the Carolina Panthers and drafting BYU quarterback Zach Wilson with No. 2 overall in the 2021 NFL Draft in April 2021.

    New York Jets Odds

    A recommended resource to help you bet on football in New Jersey:

    NBA Logo NBA

    New York Knicks Logo New York Knicks and Caesars Sportsbook

    The New York Knicks have played in the Mecca of Basketball — Madison Square Garden — since the team’s inception in 1946. The Knicks had their fair share of success in the 1970s when they won two NBA championships, but haven’t been as relevant since. Aside from two conference titles in the 1990s, the Knicks have had one of the worst winning percentages in the league for the last 30 years.

    New York Knicks Odds

    Brooklyn Nets Logo Brooklyn Nets and Betway Sportsbook

    The Brooklyn Nets used to take up residence in East Rutherford, New Jersey, playing at Meadowlands Arena before moving to the Barclays Center in Brooklyn in 2012. As fans know, after much tinkering with the roster over nearly a decade, the Nets have turned into arguably the most talented team in the NBA.

    Brooklyn Nets Odds

    A recommended resource to help you bet on basketball in New Jersey:

    MLB Logo MLB

    NY Yankees logo New York Yankees - No Sportsbook Partner

    The New York Yankees are arguably the most popular Major League Baseball team in the country. The Yankees have won 27 World Series titles, the most of any team in baseball by a wide-margin.

    Yankees Odds

    New York Mets LogoNew York Mets - No Sportsbook Partner

    The two-time champion Mets have been searching for the right roster — and ownership — fit for the last four-plus decades.

    Mets Odds

    A recommended resource to help you bet on baseball in New Jersey:

    NHL Logo NHL

    New Jersey Devils LogoNew Jersey Devils and PlayUp

    The New Jersey Devils have struggled in recent years after making the Stanley Cup Finals during the 2011-12 season. The Devils call the Prudential Center in Newark, NJ home, which is also where the New Jersey Nets played for three years before moving to Brooklyn and ditching the New Jersey name.

    NY Rangers Logo New York Rangers and Caesars Sportsbook

    Like the New Jersey Devils, the Rangers haven’t found much success since their last Stanley Cup appearance in 2014, making it to the conference finals again just once since and not qualifying for the playoffs in three of the last four seasons.

    Rangers Odds

    A recommended resource to help you bet on hockey in New Jersey:

    MLS Logo MLS

    New York Red Bulls logo New York Red Bulls - No sportsbook partner

    The New York Red Bulls play their home games at Red Bull Arena in Harrison, New Jersey, despite the team's decision to roll with a New York name. The team was established in 1994 before undergoing a Red Bull rebrand in 2006.

    A recommended resource to help you bet on soccer in New Jersey:

    College Teams in New Jersey

    College Football Betting in New Jersey

    Rutgers Logo Rutgers Scarlet Knights

    Rutgers Athletics as a whole has taken some time to adjust to the Big Ten since coming over to the conference in 2014. The football team is undergoing a rebuild after bringing in former head coach Greg Schiano to guide the Scarlet Knights back to the success they saw under his leadership in the 2000s. Building college programs is always a long process, but Schiano looks to be in it for the long haul after signing an eight-year contract to return to New Jersey at the end of 2019.

    Scarlet Knights Odds

    Notable College Basketball Betting in New Jersey

    Seton Hall Logo Seton Hall Pirates

    Seton Hall basketball has been a consistent threat in the Big East in recent seasons, winning a conference tournament title in 2016 and a regular-season title in 2020. The Pirates made the NCAA Tournament each year from 2016-2019.

    Pirates Odds

    Rutgers Logo Rutgers Scarlet Knights

    The Rutgers men's basketball team has experienced a renaissance in the last few seasons ever since head coach Steve Pikiell took the reigns of this group back in 2016. The Scarlet Knights have become a force within the Big Ten and made their first NCAA Tournament appearance in 30 years this past March. As a No. 10 seed, Rutgers upset No. 7 Clemson in the round of 64 and nearly picked up another one in a close 63-60 round of 32 loss to No. 2 seed Houston.

    Scarlet Knights Odds

    Princeton LogoPrinceton Tigers

    For any Ivy Leaguers out there, the Tigers may have been your team to beat over the years. Princeton has played in March Madness four times in the 2000s. With head coach Mitch Henderson entering his 10th season, the Tigers are looking to make a return to the NCAA Tournament for the first time since 2017. Their biggest rivals of late in the Ivy League Conference are Harvard and Yale.

    Tigers Odds

    Other Events

    New Jersey is also home to several racetracks and significant horse racing events. Fewer racetracks remain in New Jersey as of 2021, but bettors can still enjoy live racing at:

    • Freehold Raceway is a historic landmark racetrack for horses located in Freehold Borough.
    • Monmouth Park Racetrack, a popular venue located in Oceanport, hosts the Haskell Invitational and has hosted the Breeders' Cup in past years with great fanfare.

    From horse racing to football, there's plenty to keep sports fans and bettors alike happy.

    More Reading on New Jersey

    • New Jersey sports wagering FAQ. For common questions and official responses from the New Jersey Division of Gaming Enforcement, see their sports wagering FAQ.

    For More on U.S. Sports Betting

    Sports betting is legal in other states like Tennessee, Pennsylvania, Colorado, Indiana, West Virginia and Illinois. You can check out the legal status of other states and learn more about legal sports betting here.

    New Jersey Sports Betting Destinations

    Resorts AC Casino Hotel

    Sportsbook: Draftkings

    Monmouth Park

    Sportsbook: William Hill

    Borgata Casino

    Sportsbook: BetMGM

    Ocean Resorts Casino Hotel

    Sportsbook: William Hill


    Sportsbook: FanDuel

    Bally's Casino

    Sportsbook: Wild Wild West

    Harrah's Casino AC

    Sportsbook: Caesars

    Golden Nugget AC

    Sportsbook: Golden Nugget

    New Jersey stadium

    Sam is a sports betting reporter for The Action Network, covering the latest legal and industry news, among other things. A two-time Society of Business Editors and Writers award winner, Sam is based out of Washington DC. His interests are limited to the New York Knicks, combing through government regulations and his rescue-pup, Bowie.

    More from Sam McQuillan

    New Jersey News

    See All

    New Jersey Sports Betting FAQ
    Commonly asked questions about sports betting in The Garden State.
    Is sports betting legal in New Jersey?

    Yes, retail and mobile sports betting has been legal since August 2018!

    How old do I have to be to bet on sports in New Jersey?

    You must be 21 years of age or older in order to create an online betting account and place a bet in the state of New Jersey. This also applies to in-person betting at casinos and sportsbooks.

    Where can I bet on sports in New Jersey?

    Anywhere inside the state, really. Using any of the online sportsbooks we've listed, players can bet anywhere using their phones or computers. You can also go to a physical sportsbook at one of the casinos or racetracks that is offering sports betting.

    What if I’m from New Jersey, but outside the state currently?

    Sorry, no luck. You must be inside state borders to bet online with New Jersey books. Each service uses geo-fencing technology to determine your location.

    What if I’m not from New Jersey, but in the state currently?

    Good news for those of you visiting the Garden State: You do not have to be a resident of New Jersey to place a legal sports bet. You simply have to be within state lines and you’ll be allowed to create a betting account and place a bet.

    Will I get taxed on winning sports bets?

    Yes, it is taxable income, whether you’re betting legally in New Jersey or illegally offshore. If you win at least $600, the operator is supposed to notify the IRS.

    But what if I lose those winnings?

    Sports betting losses can be tax deductible if you itemize your deductions and keep detailed records of wins and losses. But the losses you deduct cannot exceed the winnings, so if you won $1,000 on one bet but lose $2,000 in another stretch, only that first $1,000 is tax deductible.

    Is Daily Fantasy Sports (DFS) legal?

    Yes, DFS is operational in New Jersey. DraftKings and FanDuel are among the DFS operators in the state.

    Claim Promo Code Offers from NJ Sportsbooks