Established in 2004, Tipico was an international online gaming and sports betting powerhouse. Headquartered in Germany, the company first entered the U.S. market by setting up shop in New Jersey in September 2020. Tipico became one of the top options for sports bettors in the Garden State, but unfortunately, it announced plans to close in the next few months.
In this Tipico Sportsbook Review, we highlighted the top features of the operator, walked you through the signup process, and assigned an overall rating to the bookmaker. Let’s get into it!
Is Tipico sportsbook legal in New Jersey?
No, Tipico Sportsbook is not legal in New Jersey. The sportsbook was licensed by the New Jersey Division of Gaming Enforcement (NJDGE) and operated in partnership with the Ocean Resort Casino in Atlantic City. You could legally bet with Tipico provided you were at least 21 years old.
Tipico was also legal in Colorado, Ohio, and Iowa. However, following a recent acquisition by LeoVegas, it closed in all states, including New Jersey, on July 19, 2024.
Benefits and drawbacks of Tipico Sportsbook New Jersey
It was always important to weigh the pros and cons before signing up with a bookmaker. Here, we laid out some of the benefits and drawbacks of Tipico Sportsbook New Jersey.
Live betting and live streaming at Tipico Sportsbook in NJ
One of the most popular options for players on Tipico Sportsbook in New Jersey was live betting. Also called “in-play betting,” live betting let you place a wager on a sporting event that was in progress. The odds were constantly shifting throughout the event, so it took a keen eye for what was going on and the ability to make decisions quickly to be successful. A well-timed wager could be the difference between a small payday and a big win.
Live betting was available on the website and mobile app. Tipico already had experience in the live betting sector from its European background, allowing it to thrive out of the gate once the company had U.S. operations set up. Since then, Tipico live betting became one of the top live betting options in the market. If the bookie could have expanded into live streaming to couple with in-play betting lines, they would have made an even greater impact in the space.
There were numerous deposit and withdrawal methods on Tipico Sportsbook in New Jersey. This wide variety of choices made the sportsbook stand out, compared to others that really limited their members. Below were the available methods.
Deposit methods
Our expert opinion of Tipico Sportsbook
In our expert opinion, Tipico Sportsbook was a splendid addition to a New Jersey bettor’s arsenal. The customer support was courteous and professional across channels, the betting app performed well on all devices, and the daily odds boost offerings could make for some lucrative paydays.
Tipico wasn’t without flaws, and there were certain areas where things could have improved. Implementing live streaming to supplement the in-play betting markets would have taken a quality product to an even higher level. We’d also have liked to see more promotions for returning players and perhaps the launch of a rewards/loyalty program.