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New Jersey online horse betting

Few states take their horse racing as seriously as New Jersey, which takes in hundreds of millions of dollars on racing action annually. Here, we’ll provide an overview of the New Jersey horse betting landscape and cover some of the keys to know before placing your first bet.

Fact checked by: Gary Garry
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Yes, horse betting is legal in New Jersey. The state legalized both off-track betting facilities and online horse betting as part of the Off-Track and Account Wagering Act (NJSA § 5:5-127-160) in August 2001. Bettors must be at least 18 years of age to participate.

New Jersey online horse race betting sites

TVG New Jersey Logo

TVG

Originally launched in 1999, TVG is now powered by FanDuel after the previous owner, Paddy Power Betfair, merged with FanDuel in 2018. The website offers live streaming of hundreds of races worldwide, and the sports betting platform serves 34 states in the U.S.

4NJBets New Jersey Logo

4NJBets

A subsidiary of TVG, 4NJBets was founded in 2009. The platform is a pari-mutuel wagering site exclusive to New Jersey players.

MonmouthBets New Jersey Logo

MonmouthBets

MonmouthBets is the only legal fixed-odds horse race betting destination nationwide in the U.S. Mobile betting apps are available for iPhone and Android, and fixed-odds wagering is legal for all New Jersey tracks.

PlayUp Racebook New Jersey Logo

PlayUp

PlayUp is working to become the second fixed-odds operator in the U.S., and it is already offering fixed-odds betting for New Jersey players in both thoroughbred and harness racing markets. It is legal in 27 states and counting.

What does pari-mutuel betting mean?

Pari-mutuel betting means all the bets of a particular type are put into a pool and the payoff odds come from sharing the pool among all winning bets (after accounting for taxes and the house cut).

Unlike fixed-odds betting, where the odds and payouts are determined when placing your bet, you can estimate your pari-mutuel payout but won’t know for sure until the pool closes ahead of the race. Additionally, because it’s a pooled bet, a pari-mutuel wager involves playing against other bettors rather than against the house.

Different types of horse race bets in NJ

New Jersey racebooks offer several different bet types. Some are more straightforward like the win, place, and show bets, while others are more exotic in nature. Here are the main types you’ll see in each category:

Win, place, and show bets:

  • Win bet: The most straightforward bet in horse racing, a win bet is just like it sounds. Pick which horse you think will win the race. Of these three straight bets, a win bet offers the highest potential payout on a winning wager.
  • Place bet: The place bet gives a bit more leeway than a win bet, as you can still win the bet even if your horse doesn’t win the race. A place bet pays out if the horse you bet on finishes in either of the top two positions.
  • Show bet: Show bets have the lowest potential payout of these three but offer the best chance of winning. If you play a show bet, you’ll win if your horse finishes in any of the top three spots.

Exotic wagers

  • Exacta: An exacta bet is a bet on the top two finishing horses. You can play either a straight exacta (where you pick the top two horses in the correct order) or a box exacta (where you’ll win if you pick the top two horses in either order).
  • Quinella: A quinella bet is similar to a box exacta, however, it is not very commonly offered.. You’re still picking the top two horses to finish, and the order of the finish doesn’t matter. However, the box exacta is essentially two bets (one on each outcome) and the quinella is one bet on two possible outcomes. Because of this, quinellas don’t pay out at the same rate as a box exacta.
  • Trifecta: One of the favorite exotic bets among serious horse bettors, the trifecta is picking the correct order of the top three finishing horses. Like with the exacta, you can also bet a box trifecta wherein you pick the top three horses but the order doesn’t matter.
  • Superfecta: You may have guessed where this is going. A superfecta is a bet on the top four finishers in the exact order. Because it can be expensive to build a superfecta, most racebooks allow for a minimum $0.10 bet on a superfecta. However, even with that small wager, payouts can be juicy.

Physical locations for horse betting in New Jersey

  • Monmouth Park: Located in Oceanport, Monmouth Park is one of the five oldest racetracks in the U.S., and amazingly, it isn’t even the oldest track in the state! The course features a seven-furlong turf track and a one-mile dirt track. It is an excellent spot to take in a thoroughbred race.
  • The Meadowlands: Hosting both thoroughbred and harness racing, The Meadowlands in East Rutherford held its first races in 1976. Though it doesn’t have the same long history as some of the other New Jersey tracks, “The Big M” is the site of the world record mile time (1:46 ⅘) by a Standardbred.
  • Freehold Raceway: The oldest raceway in the United States, Freehold Raceway opened in the early 1830s. The course is the host of the Freehold Stakes, an esteemed race that has been run annually since 1919.

In addition to these three, New Jersey also has off-track betting available at five other locations. These are:

  • Favorites at Vineland (opened in March 2007)
  • Favorites at Woodbridge (opened in October 2007)
  • Favorites at Tom’s River (opened in April 2008)
  • Winners Bayonne (opened in July 2012)
  • Favorites at Gloucester Township (opened in July 2014)

All of the above tracks are regulated by the New Jersey Racing Commission, which is a branch of the state’s Office of the Attorney General.


FAQ

How long has horse racing been legal in New Jersey?

Both online and off-track horse racing have been legal in New Jersey since 2001. However, the state re-legalized horse race betting in 1939 after it had been prohibited for the previous 42 years. New Jersey is home to three on-track and five off-track betting locations.

Is horse race betting popular in NJ?

Yes, horse race betting is popular in NJ. According to reports from the Standardbred Breeders & Owners Association of New Jersey, the state saw more than $425 in betting every year from 2015-19, with more than 900,000 people in attendance at tracks in each of those years. New Jersey is also home to some of the oldest race tracks in the United States.

Where can I find the latest New Jersey horse racing promos?

You can find the latest New Jersey horse racing promos here at BettingNJ.com. We update this site regularly with the latest NJ offerings, so keep coming back to make the most of your bets!

Fact checked by: Gary Garry