New Jersey started accepting wagers on June 14, just three days after New Jersey Gov. Phil Murphy signed the bill into law. Monmouth Park and Borgata Casino are the first two New Jersey properties to start taking wagers. The FanDuel Sportsbook at The Meadowlands launched a couple of weeks later. There are currently nine sportsbooks operational in the state with eight online and mobile apps.
A point spread is a handicap applied to a favorite. The team most likely to win lays points, while an underdog gains points. The point spread hopes to find the most likely number that a favorite is predicted to win by in a team sport. Point spreads are often found in American football and basketball. Alternative lines in hockey and baseball use point spreads on 1.5.
Unlike Las Vegas, where you can physically visit a sportsbook at a casino resort, online gambling sites and sportsbooks are essentially virtual casinos that accept real money to wager on real sporting events. However, this does not mean an online sportsbook’s address is only located on the internet. Any reputable online book will have a physical address located on its website along with a toll-free telephone number you can use to call them and ask questions if needed. Some will even have an FAQ you can review to help you feel more comfortable about betting there.