Have you thought about how you can turn your NFL enthusiasm to some actual money? It is about time that fans of the NFL start thinking about the possible outcomes of games as they have been arranged. This is only possible where there are functional apps that present odds to bettors before and even as the game is going on. There are currently a total of 19 apps that have been licensed to operate in NJ – that will definitely shock those who only bump into news on BetMGM, DraftKings, William Hill and FanDuel.
Even with this seemingly big number, there is still room for other gambling services providers to join the market. Nobody would shy away from the opportunity to be part of the New Jersey gambling industry considering the potential that this market holds. Considering the amount of revenue that is generated from this market every year in relation to other jurisdictions, it will be a long time before other areas perform as per with NJ.
What we cover
The constantly evolving New Jersey market
Even though it might appear that New Jersey is doing well in relation to other states in the United States, the reality is that growth is constant. With the 2021 NFL season right around the corner, there is enough time for interested operators to set up shop. The major questions that are on the minds of every anxious bettor are who will join this market and when are they coming? There are already rumors flying around on some impending launches but until we see, it is going to be hard to make sense out of it.
Although it is impossible to know what plans the Division of Gaming Enforcement is working on, word on the ground is that the average gambler will have close to 25 apps to use when betting on the Super Bowl. Apart from the big five apps, many players are not aware of the others. Here is a sneak peak;
1. Bally Bet
As we speak, there is no app that exists in the market to serve the customers of Bally’s Atlantic City. It does not make sense that the mother company, Bally’s Corp, invested millions of dollars to serve a small market segment as other properties go for the whole package. This is the guarantee that fans have when it comes to hope that the status of the online platform will soon be changing to live. The casino runs operations in Iowa and Colorado; Iowa was switched on at the end of June. For the New Jersey market, online connectivity will soon exist here and preferably before the Atlanta Falcons face the Philadelphia Eagles in the upcoming season.
2. SuperBook
If you have been to the Las Vegas Strip, it is highly likely that you have heard about SuperBook. Judging from the success of New Jersey as a gambling market, it makes sense for such able investors to spread their presence over Las Vegas. While the company has expansion plans, retail gambling is not going to be set up in new jurisdictions.
The people of Colorado were recently surprised by having an online sportsbook courtesy of SuperBook accessible to them. This same application will soon be available for the gambling fans of New Jersey –at least going by the “coming soon” banner on their website. The launch of SuperBook’s mobile app may happen a lot sooner than expected because the company will be operating under the same licence that PointsBet and FanDuel operate on.
3. Barstool Sportsbook
Stoolies in New Jersey have for a long time been waiting for when they will be able to bet on their favorite sports through the Barstool Sportsbook app. For now, those who cannot wait any longer can access Barstool by crossing over to the Pennsylvania side. He can sit back and wait a little while longer because Barstool is soon launching in NJ.
For those who are wondering if there are any indicators that Barstool is soon launching in NJ, consider the fact that this brand thrives on limelight. At the moment, there is no other state in all of United States that has attracted so much attention to itself because of gambling. The second indicator is the utterances made by Jay Snowden who is the company CEO. He categorically mentioned that the sportsbook will go live in NJ before the end of May 2021.
4. PlayUp
The truth is most cases are preceded by rumors and there are some stories going around regarding the launching of a sportsbook for PlayUp. Sources have revealed that the app has already landed on DGE labs and what is to happen next is approval to launch. Just like Bally’s, PlayUp will also ride on the Freehold Raceway license. PlayUp is a foreign brand that is out to boost revenues for New Jersey.
When PlayUp first joined the US market, they settled on Colorado and have been running a gambling outfit there. When it comes to NJ, the brand will work in collaboration with Caesars Entertainment. Unless there is a real issue with testing, PlayUp should be up and running by the start of the NFL current season.
5. Sporttrade
Sporttrade already operates in New Jersey but under a land based agreement to offer in-house gambling services to Bally’s. There will obviously be some effort from Sporttrade as the brand tries to set up a presence by the time the NFL kicks off. With a management switch at Ball’s, sporttrade is likely to post low revenue this season because the sportsbook is not as popular as the ones we have discussed above.
A start-up that was founded in Philadelphia, Sporttrade stands out for its trading model. Players here place bets in the same way that investors trade in stocks and shares. In fact, the company works really closely with Wall Street – they have been issued with a $36 million funding.
Conclusion
Mobile applications are a big hype in the current smartphone age. With technology in the hands 24/7, it would make sense to place a bet using your phone as opposed to walking into a retail betting hall for the same service.
