Esports is a growing industry that has spread to the entire world, and to the US, as well. However, not all states gave the green light to betting on esports. Currently, the situation with NJ Esports Betting is still quite complicated.
In the following article, we will talk about the NJ esports betting and general things about esports and fantasy esports. Also, we’ll talk about some of the best esports betting sites.
Best Esports Betting Sites in New Jersey
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Sportsbooks have already offered to bet on one esports event so far, the League of Legends World Championship Final. The esports betting legislation was passed in New Jersey. However, everyone is just waiting for it to go officially live.
When New Jersey first legalized sports betting in June 2018, the state prohibited betting on video game competitions.
Still, initial regulations by the New Jersey Division of Gaming Enforcement (NJDGE) are keeping the doors open. At the moment, NJ esports betting offers only fantasy esports betting; at FanDuel and DraftKings the most popular esports betting sites.
FanDuel and DraftKings are the biggest sportsbooks for fantasy betting and are mainly focused on online daily fantasy sports. Whether you like fantasy football, basketball, baseball, soccer, or any other fantasy sports, you will definitely find a contest that suits you on DraftKings and FanDuel.
Are Esports Legal in the NJ?
Even though the legislation of the NJ esports betting has passed, it is not live yet. So betting on esports is not available at the moment in New Jersey. Eric Houghtaling (D-Monmouth) and Ralph Caputo (D-Essex) sponsored the Bill A 637. In it, esports is seen as a skill-based competition that should be available for betting.
Their goal is to expand the current sports betting laws to other games, markets, and competitions. This is good news for the bettors who love betting on esports.
In fact, betting on esports should be classified as a new category in sportsbooks. Some bookmakers in America are already offering limited betting on esports. Last year, the DGE allowed betting on the League of Legends World Championship, even though it was a one-time deal.
In other words, the main goal of this bill is to permit NJ esports betting and expand the current offer, so it will be accepted like “regular” sports betting.
It’s going to be interesting to see what the restrictions on esports betting really mean, and when/if it is legalized. We are probably going to see some sportsbooks offer betting lines but keep the limits lower than usual. The in-game betting is also on the cards, but right now, the sportsbooks are not offering it.
For the time being, the esports betting is legalized in Nevada and New Jersey, but it is still not live. On the other hand, states like West Virginia and Colorado allowed it.
What are Esports?
Esports represents a collection of extremely competitive video games. Esports is usually taking the form of multiplayer video game competitions between professional players, as teams or individually.
The organized video game competitions started in the 70s. But until the late 2000s, it was all on the pretty much amateur level. However, since the late 2000s, these events stepped to a higher level as professional players and sponsors began taking part.
By the 2010s, esports had become important in the video game industry. This is thanks to game developers, who started to provide funds for tournaments. Now, you can bet on it on various esports betting sites.
The esports industry experienced tremendous growth in the past couple of years both in terms of viewership and revenue. The increase of viewership played a major role in revenue growth – and it’s not just because those viewers are generating revenue.
Some brands were smart enough to see the potential of reaching a massive and engaged audience. They started investing in eSports marketing both directly and indirectly.
So, you might be wondering how to bet on esports. It is not a hard question to answer. Especially when we consider it has a lot of similarities to regular sports. Betting on esports is actually just like betting on traditional sporting events.
In esports, the most essential known type of wagering is a match winner, additionally alluded to as a moneyline wager, no holds barred, straight, and numerous different terms relying upon your favored internet wagering website or groups of friends.
The reason is very straightforward: you place a bet on which side you think will dominate the game, in the wake of settling on the chances which speak to the best incentive for your well-deserved cash.
Esports Games to Bet On
For many years, it was unimaginable to bet on video games, it’s the reality now. We’re offering you a list of the most popular games for NJ esports betting, based on various key factors, including events, viewership, income, and success in general.
League of Legends
One of the two Massive Online Battle Arenas (MOBAs) and leaders in the esports industry, is League of Legends (LoL). LoL is one of the most sought after esports games for over ten years, while South Korea turned out to be the most successful market for LoL.
Counter-Strike: Global Offensive
One of the most popular games to bet on is definitely Counter Strike: Global Offensive (CS: GO), which came out in 2012. All the relevant sportsbooks have betting on CS:GO, which will also be the case with the NJ esports betting in the following months.
Pretty much every gamer out there will confirm the fact that Fortnite is one of the best games ever. To be more precise, this popular game has nearly 300 million registered users. After seeing the daylight in 2017, the game has revolutionized the e-gaming for good.
Thanks to the cash that Epic awarded to the players in 2019, Fortnite has recorded its all-time earnings, while at the same time jumping to the third spot in all-time total highest prizes, just behind DotA 2 and CS:GO.
Dota 2 is LoL’s biggest competitor. Unlike LoL, which is more popular in Asian countries, the top 25 earners in Dota 2 are coming from 16 different countries, including the US, China, France, and Romania.
The International is the most important event on Dota 2 and before the competition, the players can play the “Compendium” in-game. In 2019, The International offered $34.3 million of prize money and more than $200 million in the past couple of years.
Call of Duty
The competitive Call of Duty scene is among us for several years, and the fact that it releases a new title on a yearly basis is what makes this franchise different from other esports. Right now, Call of Duty: Modern Warfare is the most popular COD game.
Esports is evolving very fast thanks to its competitive nature. These are 10 of the biggest esports tournaments.
League of Legends World Championship
Even though League of Legends tournaments don’t offer as much prizing as the competition, this esport continues to be a top performer. China will host the competition between October and November in Shanghai. It’s probably the most popular esports competition.
Fortnite World Cup
There is no official Epic Games announcement for the official date of the 2020 World Cup. If we are to make conclusions based on the World Cup in 2019, it will likely take place in the summer.
The International 10
The International 10 keeps a reputation of high prize pools where competition climaxes. Dota 2 team OG won TI9 and TI8, while the TI10 will take place around August-September in Sweden.
FLASHPOINT Season 1 Championship
The first CS:GO league owned by teams is trending now. Organizers of FLASHPOINT are B Site and FACEIT. The tournament now has a $2 million prize pool. It actually looks that it is going to end up next to the other big tournaments such as DreamHack and ESL.
League of Legends Mid-Season Invitational
The Mid-Season Invitational is one of the League of Legends competitions and is one of the most important gatherings in the e-gaming sport, just behind the Worlds. MSI brings together Spring and Summer. This is very interesting because of champions from all the regions show up to compete.
Daily fantasy sports (DFS) is an accelerated version of traditional fantasy sports. They are run over short-time periods. Some competitions can last a week or only for a single day. It is different from the competitions that are played during the course of an entire season.
Anyone who is at least 21 years of age, has the valid United States Social Security Number, and is physically within the state of New Jersey can bet with on DFS esports. Sports betting in New Jersey is regulated by the state’s Division of Gaming Enforcement (DGE). In other words, NJ esports betting is allowed at bettors’ own discretion.