Betting on the Devils: Legal Sports Wagering Begins in New Jersey With Governor Placing Stanley Cup Bet - NBC 10 Philadelphia

Betting on the Devils: Legal Sports Wagering Begins in New Jersey With Governor Placing Stanley Cup Bet

Gov. Phil Murphy places first bet at Monmouth Park, betting on Germany to win the World Cup and the Devils to Win the Stanley Cup.

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    NEWSLETTERS

    Sports Betting Begins in New Jersey

    Legal sports betting will get underway Thursday in New Jersey as Gov. Phil Murphy places the first wager at Monmouth Park. (Published Thursday, June 14, 2018)

    What to Know

    • Gov. Phil Murphy places $20 bets on Germany to win the World Cup soccer tournament, and the New Jersey Devils to win hockey's Stanley Cup.

    • Sports betting is now allowed in New Jersey casinos and racetracks for certain professional and collegiate sports or athletic events

    • The Borgata in Atlantic City followed Monmouth Park in taking the state's first sports wagers.

    New Jersey's governor kicked off a new era of gambling Thursday in the state that led the charge for the entire nation to bet on sports legally.

    Gov. Phil Murphy placed $20 bets on Germany to win the World Cup soccer tournament, and the New Jersey Devils to win hockey's Stanley Cup next season.

    Murphy plunked his money down at a counter inside Monmouth Park, a horse racing track in Oceanport, near the Jersey shore. The wagers came a month after New Jersey won a U.S. Supreme Court case clearing the way for all 50 states to legalize sports betting if they choose.

    From there, he was headed to the Borgata, the first Atlantic City casino to offer sports betting, where he planned to make another bet or two.

    Murphy cited the old adage to "bet with your head, not with your heart." As the state fought for eight years against a federal law that had limited sports betting to only four states — Nevada, Delaware, Montana and Oregon — the Democratic governor said, "Our heads and hearts were in alignment."

    "We knew in our heads we were right and we knew in our hearts we would win," he said. "We've got a lot of good times ahead."

    Bettors were quick to line up at counters in the track's sports book facility, underneath video boards touting odds on baseball, football, soccer and hockey.

    Al Pniewski, of Hazlet, took the day off from his warehouse job at a food service company to bet $100 on the Pittsburgh Steelers to win the next Super Bowl, at 12-1 odds. (The New England Patriots were favored at 6-1, followed by the Los Angeles Rams and 8-1.)

    "My wife thinks I'm nut for doing this," he said. "This has been a long time coming. On college football Saturdays, me and my brother-in-law are gonna be here every weekend."

    British bookmaker William Hill partnered with Monmouth Park to offer sports betting years before it was even possible, in anticipation of the day when a federal prohibition on such wagering in all but four states would be reversed.

    "I'm super-excited," said Joe Asher, CEO of William Hill US. "A lot of people have worked a long time to make this happen."

    Asher said he contacted Dennis Drazin, who runs Monmouth, in 2012 about getting in early on a U.S. sports betting market that did not yet exist. They signed a contract to do it in 2013, and have been preparing ever since.

    Experts predict in-game betting, in which customers use smartphones to wager on developments over the course of a game, will quickly become a major component of sports betting in the U.S.

    But online sports betting will not start for at least 30 days in New Jersey; until then, it is limited to casinos and horse tracks.