New Jersey Online Daily Fantasy Sports Guide
New Jersey has always been a state that has kept its doors open for gaming action. They were among the first to adopt online casino gambling and online sports betting: the Garden State is equally receptive when it comes to daily fantasy sports.
New Jersey DFS sites offer competition in NFL, NBA, MLB, NHL, NCAA basketball and football, EPL and other soccer leagues, tennis, NASCAR, WNBA and golf. There are daily, weekly and season-long events offered, as well as tournaments, head to head competitions, 50-50s, pick’ems, daily snake drafts, multipliers and best ball events in golf. New Jersey DFS sites accept traditional payment options such as debit and credit cards, and there are also e-wallet options including PayPal. DFS sites also offer incentives to encourage new players to sign up: Underdog Fantasy provides a match to a player’s initial deposit up to $100, while FanDuel offers two free contest entries with a minimum $10 deposit.
New Jersey Sports Daily Fantasy Rules
The New Jersey Division of Consumer Affairs Fantasy Sports Unit (FSU) is charged with the task of regulating fantasy sports activities across the State of New Jersey. Among the duties of this group is to review applications from organizations looking to conduct fantasy sports activities in New Jersey. They issue Fantasy Sports Operator permits and oversee and monitor the conduct of fantasy sports activities in order to ensure the integrity of all fantasy sports activities.
The state of New Jersey requires that DFS operators pay a quarterly fantasy gross revenue tax of 10.5 percent of all revenue generated through DFS operations.
The legal age to play DFS in New Jersey is 18 years of age.
DFS vs Sports Betting
Sports betting is considered at its heart to be a game of chance. DFS, on the other hand, is viewed more like a game of skill. In sports betting, players are competing against the house with their wagers.
Forms of fantasy sports have existed as far back as the 1960s. They involve people selecting teams of actual athletes and utilizing the statistics of those players to compete against other teams that have also selected a team of real athletes in the same sport.
The difference with DFS compared to traditional fantasy sports is that, in most cases, competition takes place in one day rather than over the course of a season.
List Of New Jersey DFS Sites
There are a number of DFS sites legally operating in New Jersey. While DraftKings and FanDuel are certainly the most well-known, DFS players in the Garden State have several other DFS options from which to choose. All DFS sites offer mobile apps for both Android and iOS devices. The best daily fantasy sites in New Jersey include:
- Fantasy Premier League
- Fantasy Sharks
- Jock MKT
- Monkey Knife Fight
- Underdog Fantasy
Launched in 2009, FanDuel offers a dozen different ways to play DFS. Newcomers can enter into beginners only competitions. It’s also possible to set up events involving only friends and families. Players compete to finish as high up the leaderboard as possible and seek to end up in a prize-winning position.
Based in Brooklyn, NY, Underdog Fantasy offers daily, weekly, season-long and pick’em competitions. With their pick’em events, competitors select over or under on any number of player prop picks: get five picks right and you will win 20 times your entry fee.
It’s actually a very simple process. Players will be asked to provide a date of birth and active email address. This information will need to be verified. A unique username and password must be created. Two factor authentication is available for added account security.
Not in New Jersey. While some US states consider DFS a form of gambling, in New Jersey, since there are no odds as with a sports bet and players are competing for a set prize pool, DFS is viewed as being the same as a lottery or a raffle.
All New Jersey DFS players must be at least 18 years of age.