Few games are as exciting as basketball. The action up and down the court is seemingly nonstop, and highlight dunks and threes always bring fans out of their seats.
If you want to spice the regular season up or make playoff games even more intense, consider placing a wager using a sportsbook.
But how do you bet on NBA games online in New Jersey? We have all the information you need to get you out and betting.
How To Bet on the NBA
Before you wager any money on a professional basketball game, you need to understand the jargon and terminology bettors and sportsbooks use. Gambling is a game of information, and you need as much as you can before laying any money down. Don’t worry, we will teach you all the basics so you can bet with confidence.
We think the easiest bets to understand are moneylines. You are picking a winner when you make a moneyline bet. While it is easy to understand, the devil is in the details. You need to understand what the odds mean and how they affect your decision. We will look at an example to help you understand moneylines.
The Brooklyn Nets, formerly of New Jersey, are taking on the Detroit Pistons in the Big Apple. Brooklyn has been surging of late thanks to great play from Kevin Durant, and Detroit has been floundering with young star Cade Cunningham injured. The casinos see these factors and decide that the Nets are sizable favorites to win the game.
You see the moneyline for the Nets listed as -280. A minus sign next to a moneyline indicates the team is favored. -280 means you need to wager $280 to win back $100. You can wager any amount you choose, but the payout will always follow the same ratio. In short, the casinos are pretty sure the Nets will take the game and are not going to supply a big payday if they do.
On the other end of the spectrum are the Detroit Pistons, and the sportsbooks list them with a moneyline of +250. +250 means the casino pays out $250 to you if you bet $100. While you get a big payday, this is also a more difficult bet to hit thanks to its longshot nature.
Moneylines have no safety nets built in. Even if the underdog team loses by just one point, you still will not get a payout. If you want a safety net for your wagers, you need to play a point spread.
If you have ever heard a bettor or movie character talk about the spread or covering, they are talking about a point spread. Casinos use point spreads to try and even out the odds as much as possible between two teams. Point spreads make it more difficult for a bet on the favorite to win and easier for a bet on the underdog. Of course, the casinos adjust the odds suitably.
Let’s look at another example. The New York Knicks are heading on the road to Philadelphia for a game against the 76ers. The Knicks are finishing up the last game of a road trip and just played a game the night before. Casinos factor that in and makes New York slight underdogs in the matchup.
If you look at the point spread, you will see the casinos list the Knicks at +3.5 points. You do not need the Knicks to win the game to win your bet. As long as the team loses by three points or less, you will still win your money.
On the flip side are the hosting 76ers. The casinos list them at -3.5. You will need the 76ers to win by at least four points if you pick Philadelphia with the point spread.
All point-spread bets have roughly the same odds. These bets typically pay out about 90 percent of what you put in. So if you bet $10 on the Knicks and win, you will make around $9 in profit. The payouts fluctuate a little but roughly remain the same across sportsbooks.
There is more to gambling than just picking a winner, and that is where prop bets come in. Prop bets are any bets you make that are not directly related to the result of the game. Prop bets cover wagers like over-under bets or player props.
The simplest over-under bet is the total points both teams will score in a game. A casino may see a game as a shootout and set the over-under for the point total at 242.5. If you pick the over, you need both teams to combine for 243 or more points through the totality of the match.
You can also make over-under wagers on other statistics in a game. For instance, you could try to predict if there will be more than 20.5 three-pointers in a game or try to predict the number of assists.
Other non-player prop bets include things like predicting if a game will go to overtime or which team will be winning at the end of the third quarter. You have no shortage of wagers with prop bets.
Player props involve a player hitting a certain statistical threshold. You may see odds on RJ Barret hitting more than two three-pointers, or Ben Simmons having more than eight rebounds. If you like a matchup for a particular player, consider placing a player prop on them.
Parlays are high-risk, high-reward wagers. With a parlay, you are combining multiple wagers into a single bet slip to increase your payout. Let’s look at an example.
You decide to make a three-leg parlay. You pick the Knicks to cover the spread at -1.5, the Nets to win straight up with no spread, and the Boston Celtics to score more than 119 points. All of these wagers done on their own would result in modest payouts. Combining the wagers into one parlay promises a bigger payday if you win.
So, how do you win a parlay? You need every leg of the wager to be correct for any payout. If even one part of the parlay misses, you take home nothing. These wagers are risky, but the payouts are worth it for some bettors.
Betting doesn’t stop on a match just because of tipoff. You can bet on games until the final minute using live or in-game betting. The lines constantly move as the game goes through its ebbs and flows. Smart gamblers can find excellent odds in the margins.
For instance, you may see a game between the Los Angeles Lakers and Denver Nuggets that is a blowout in the first half in favor of Denver. You can pick up the Lakers with a point spread of +24.5. If you think the Lakers have a comeback to cover the spread, you can make a bet during halftime.
Want to wager on something grander than just one game? Futures are bets you make concerning an entire season. Like prop bets, you can make wagers on teams or players hitting a threshold.
For teams, you can bet on their win total. You can also wager on if a team will make the playoffs. Of course, you can wager on who will win the NBA Finals or come out on top in the Eastern or Western Conferences.
Player bets include predicting awards. You could bet on Kevin Durant to win MVP if you have high expectations for his season or if you think Paolo Banchero will win Rookie of the Year, you can place money down on it.
Where To Bet on NBA Games Online in New Jersey
Now that you understand some of the basic terminology and styles of bets, we can look at some of the best online sportsbooks.
FanDuel is one of the biggest sportsbooks in the country. The company began life as a daily fantasy site but now offers a sportsbook with everything you would expect. FanDuel is partnered with several professional sports leagues.
DraftKings is another site that began with daily fantasy. Since the explosion in legalized online sports betting, DraftKings has expanded its offerings to include a sportsbook. This site offers some of the best new player offers in the business.
PointsBet introduced a new gimmick to the world of gambling: Points Betting. The Australian company pitches the concept as the more you are right, the more you win, and vice versa. These wagers are very risky but can lead to large paydays for the lucky.
Caesars is the official sportsbook of Caesars Palace in Las Vegas. If you want to wager money with a company from the gambling capital of the world, Caesars is an excellent place to start.
List of All Online Sportsbooks in New Jersey
There are 15 online sportsbooks in the Garden State where you can lay money down and gamble on all your favorite athletic events.
- DraftKings Sportsbook
- Caesars Sportsbook
- Borgata Online
- Fox Bet
- Prophet Exchange
- Hard Rock Sportsbook
- Barstool Sportsbook
Is It Legal To Gamble in New Jersey?
Yes! New Jersey was the first state to legalize sports betting and helped create the explosion in popularity of online gambling we see today. The biggest domino to fall was passing A2578 in 2012, with the state passing further laws in 2018 to expand sports betting.
The Division of Gaming Enforcement is the regulating body of all physical and online gambling in Garden State. The DGE is a branch of the Attorney General’s office.
Who can gamble on sports in New Jersey? Any person over 21 in the state is legally allowed to gamble. You do not need to be a resident of the state to bet on sports in New Jersey, though you need to physically be in the state when making a bet. Sportsbook apps use geolocation to confirm your location before accepting any real-money wagers.
Tips for Gambling on NBA Games in New Jersey
So, you are ready to bet on NBA games online in New Jersey but are unsure where to start. We have simple tips and reminders to help you make the most of your money.
The most important piece of advice is to always gamble responsibly. There is no such thing as a sure bet in the business, and you need to wager your money responsibly. You should never throw your entire bankroll into a single wager. Always bet what you can afford to lose.
You should stay away from large parlays if you are a newbie to sports betting. It is tempting to try and hit an eight-leg parlay and take home a king’s ransom, but these wagers are extremely difficult to predict. There is no faster way to clean out your bankroll than to make several long-shot bets with little chance of winning.
You need to gather as much information as you can before making any wager. You should research historical trends, recent records, and conditions that may affect the outcome of a game. For instance, you may notice that a team has trouble winning road games or that a team never plays well on the second night of a back-to-back series. Knowing the weaknesses of certain squads gives you a leg up on other bettors.
Be wary of odds that seem too good to be true. If you see a team you think should be a heavy favorite only listed a few points ahead of their competition, do some research. Is there a superstar player likely to be out for the game? Are they playing their fourth game in six days? Remember, casinos often know more than you do, so be on the lookout for odds that seem too juicy.
Conclusion: Bet on NBA Games Online in New Jersey
Gambling on sports is an excellent method for making the games mean more. If you want to bet on NBA games online in New Jersey, it is easier than ever with so many sportsbooks.
If sports betting sounds interesting, why not check out any of these sportsbooks and put down a wager?