New Jersey is home to a robust horse racing betting industry with parimutuel wagering at racetracks, off-track betting facilities (OTBs), and online through licensed providers.
State law permits online horse racing betting through the state’s only authorized advance deposit wagering provider, 4NJBets.com. Customers must be 18 or older and residents of New Jersey to bet online.
The New Jersey Racing Commission oversees all parimutuel wagering and racing conducted within the state. Some of its duties include regulating the safety of races, ensuring the integrity of NJ horse racing betting, conducting drug tests, and granting permits for race dates.
NJ Horse Racing Betting Sites
Best New Jersey Racebook Apps
New Jersey grants monopoly status to 4NJBets as the state’s only authorized ADW provider. Fortunately, 4NJBets is a quality online racebook operated by the TVG Network and offers betting on horse races held around the world.
Although 4NJBets.com faces no competition in New Jersey, it still offers new customers a cash welcome bonus, race rebates, and regular ongoing promotions for major events. Customers can expect to find cashback offers for close misses, free-to-play predictions contests with real prizes, and much more.
Visit today: www.4njbets.com
New Jersey law requires customers to be 18 or older and state residents to bet on horse races online. Per state law, all NJ horse racing betting sites pool wagers taken online with those taken at each track, which means customers are paid at true track odds.
In November 2020, the state legislature passed a law permitting residents to bet on horse races online even when out of state. Under the new law, NJ residents may bet on horse races through approved advance deposit wagering providers from anywhere in the country.
New Jersey Racetracks
The state of New Jersey is home to three permanent horse race tracks that collectively offer a menu of live racing year-round for standardbreds and thoroughbreds.
All NJ racetracks offer on-course betting, simulcast racing, and sportsbooks.
130 Park Avenue
Freehold, NJ 07728
Freehold Raceway hosts live standardbred harness races from January through May and August through December each year. Options at the track include year-round simulcasting and a retail sportsbook powered by Parx.
1 Racetrack Drive
East Rutherford, NJ 07073
Meadowlands Racetrack offers live thoroughbred racing, and harness racing on most Fridays and Saturdays year-round. The track also provides parimutuel wagering via simulcasting seven days a week throughout the year and is home to FanDuel Sportsbook, one of NJ’s most popular sports betting operators.
175 Oceanport Avenue
Oceanport, NJ 07757
Monmouth Park hosts live thoroughbred racing every May through October. The track offers simulcasting seven days a week, starting at around noon, and houses a retail sportsbook by William Hill.
Major Horse Racing Events in NJ
New Jersey operates a very healthy live racing scene with major events hosted regularly. There are too many events with purses greater than $100,000 to list here, search below for a sampling of the state’s largest purses and events, and the tracks that host them.
- The Hambletonian: $1,000,000 purse, open to 3yo standardbred trotters, held each August at Meadowlands
- Hambletonian Oaks Filly Trot: $500,000 purse, open to 3yo fillies, held each August at Meadowlands
- Haskell Invitational: $1,000,000 purse, open to 3yo thoroughbreds, held each July at Monmouth Park
- TVG Free for All Championships: Annual harness racing series with $1,000,000 in purse money allocated across multiple races – held each November at Meadowlands Racetrack
- Breeders Crown: Annual harness racing championship series with more than $6 million in prizes, held every few years at Meadowlands
- Meadowlands Pace: $700,000 purse, open to 3yo pacers, held each July at Meadowlands
- WR Haughton Open Pace: $450,000 purse, held each July at Meadowlands
- United Nations Stakes: $300,000 purse, open to 3yo+ thoroughbreds, located at Monmouth Park each July.
- Monmouth Cup: $300,000 purse, open to 3yo+ thoroughbreds, located at Monmouth Park in July.
- Molly Pitcher Stakes: $250,000 purse, open to 3yo+ thoroughbreds, held each July at Monmouth Park
- Far Hills Race Meeting: Biggest steeplechase horse race meet in the United States, held each October at Moorland Farm located in the city of Far Hills, NJ.
New Jersey OTBs and Off-Track Wagering
NJ horse racing law (NJSA § 5:5-136) permits up to 15 off-track betting facilities (OTBs). Currently, the state is home to six standalone OTBs plus one off-track wagering location at the Borgata.
- Favorites at Egg Harbor Township
- Favorites at Toms River
- Favorites at Gloucester Township
- Favorites at Hillsborough
- Favorites at Woodbridge
- Winners Bayonne
- BetMGM Race & Sportsbook at the Borgata
Fixed-Odds Horse Racing Betting in New Jersey
Fixed-odds horse race betting has become an increasingly frequent subject of discussion in New Jersey among lawmakers and industry stakeholders.
Whereas parimutuel wagers are subject to change even after a customer has placed a bet, fixed-odds bets are locked in at the same time as customers place their wagers.
Some in the industry believe fixed-odds betting would be good for NJ horse racing because it provides customers, many of whom are experienced sports bettors, a more familiar and predictable form of wagering.
Lawmakers introduced legislation in October 2020 to authorized fixed-odds horse racing betting. The bill has not yet become law, but multiple horse racing media outlets report the bill has bipartisan support and will likely receive the Governors approval when the time comes.
If Governor Murphy signs the law, tracks would be able to begin offering fixed-odds horse racing bets almost immediately. Monmouth Park’s parent company already has a deal in place with BetMakers to manage and distribute fixed-odds wagers on thoroughbred races held at the track.
Monmouth Park experimented with fixed odds on some of its races between 2018 and 2019 but paused the program in 2020 as the Attorney General conducted a review of the program’s legality.
New Jersey Online Horse Racing Betting Law
NJ legalized online horse racing betting and off-track betting facilities in August 2001 with the Off-Track and Account Wagering Act (NJSA § 5:5-127-160).
The Act granted the New Jersey Sports and Exposition Authority (NJSEA) an account wagering license to offer online horse racing betting in partnership with PennWood Racing.
The online betting platform is managed by Darby Development, which operates Monmouth Park and relies on software provided by TVG.
NJSA § 5:5-129 establishes a minimum age of 18 to bet on horse races online in NJ and specifies residency requirements, while 5:5-143 outlines the types of deposit methods licensed ADWs may accept.
The New Jersey Racing Commission oversees account wagering, and some of its functions include implementing state law, auditing licensed ADWs, suspending licenses if necessary, and much more.
Frequently Asked Questions
What are the age and residency requirements of 4NJBets.com?
NJSA § 5:5-142 requires customers to be 18 years or older and residents of New Jersey. Lawmakers amended the Act in 2020 to authorize customers to wager on races from other locations as long as it is legal in those jurisdictions.
Where can I find a schedule of race days in New Jersey?
The NJ Racing Commission maintains a calendar of approved race days here, updated annually. Readers can also visit each racetrack’s website for more details.
Where can I watch and bet on horse races in Atlantic City?
There are several options to watch and bet on horse races in and around Atlantic City.
BetMGM Race & Sportsbook at the Borgata offers simulcasting and horse racing betting in the heart of Atlantic City as the city’s only in-person horse wagering provider.
Nearby are Monmouth Park and Freehold Raceway, both about an hour-and-a-half north depending on traffic.
Additionally, people in the Atlantic City area can bet on horse races online through 4NJBets.com.
What happened to Betfair Exchange NJ?
Betfair Exchange operated in NJ until Betfair parent company Flutter Entertainment shut it down after failing to generate the growth it needed to support exchange wagering.
The biggest challenge Betfair Exchange was unable to overcome was reaching a critical mass of users needed to provide liquidity for the market.
Betfair Exchange was limited to NJ residents, unable to reach deals with many racetracks, and the concept of exchange wagering was unfamiliar to customers accustomed to standard parimutuel bets.
Does TVG operate in New Jersey?
Yes, but it does so under the 4NJBets.com banner. New Jersey law grants a monopoly over online horse racing betting to a single provider, 4NJBets, which is powered by TVG.
Where can I watch and bet on the Kentucky Derby in New Jersey?
Horse racing fans suffer no shortage of places to watch and bet on the Kentucky Derby in NJ. Freehold Raceway, Meadowlands Racetrack, and Monmouth Park all host watch and wager parties for the Kentucky Derby, and readers can check local news for events held elsewhere around the state.
Where can I watch and bet on the Breeders Cup in NJ?
NJ’s three racetracks simulcast the Breeders Cup each year and provide parimutuel wagering on-site. Fans can also visit 4NJBets.com to bet on the Breeders Cup, Kentucky Derby, and other major events.