- New Jersey had the second-highest handle for all legal sports betting states last year.
- From football betting alone, New Jersey sportsbooks took in $614 million.
- The University of Georgia is the biggest college football liability for FanDuel Sportsbook.
EAST RUTHERFORD, N.J. – Football season is back and both the college teams have begun practice while the pro teams are starting their first round of preseason games.
Nearly $614 million was bet on football in New Jersey from the June 2018 launch until the conclusion of the NFL season. Bettors found a way to keep 95.6% of that total, only allowing the sportsbooks to walk away with $27.5 million in revenue.
While sports betting in New Jersey was legal for the entirety of the NFL season last year, not every book was associated with a mobile betting provider. As fourth-fifths of all action occurs via mobile and tablet devices, the expansion into the full-scale mobile betting market should push these numbers even higher.
According to FanDuel Sportsbook at The Meadowlands, betting isn’t the only addition to the football season that gamblers can participate in. A survivor contest and weekly Pick’em contest will be featured on the site as well as the straight bets, parlays, and futures betting opportunities.
In an email sent by FanDuel, the book listed some of those futures odds that bettors in East Rutherford are engaging in.
Top 5 Teams To Win Super Bowl By Bets Placed
Philadelphia Eagles (+1400)
New York Giants (+7000)
Cleveland Browns (+1600)
New York Jets (+6000)
Kansas City Chiefs (+800)
Top 5 Teams To Win Super Bowl By Handle
Philadelphia Eagles (+1400)
New England Patriots (+700)
Cleveland Browns (+1600)
Kansas City Chiefs (+800)
Indianapolis Colts (+1400)
Kansas City Chiefs (+800)
As for college football, the most popular wager, by handle total and by total wagers, on the Heisman is Sam Ehlinger (+2000), who sits tied for fourth with the best betting odds.
For betting on the College Football Championship, FanDuel Sportsbook noted that Georgia, not Alabama or Clemson, is the book’s largest liability.
It seems that a few New Jersey bettors have begun the NFL betting season with their hearts over their head.
Though the odds and action will certainly change moving forward, the sportsbooks in New Jersey are expected to reign in the second year of legal sports betting quite positively.
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News tags: Alabama Crimson Tide | Chicago Bears | Clemson Tigers | Cleveland Browns | College Football | FanDuel Sportsbook | Georgia Bulldogs | Indianapolis Colts | Kansas City Chiefs | LA Chargers | LA Rams | New England Patriots | New Jersey | New Orleans Saints | New York Giants | New York Jets | NFL | Philadelphia Eagles | Pittsburgh Steelers | Sam Ehlinger | The Meadowlands
After spending time scouting college basketball for Florida State University under Leonard Hamilton and the University of Alabama under Anthony Grant, Michael started writing focused on NBA content. A graduate of both schools, he now covers legal sports betting bills, sports betting revenue data, tennis betting odds, and sportsbook reviews. Michael likes to play basketball, hike, and kayak when not glued to the TV watching midlevel tennis matches.
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