As states around the country continue to ponder whether or not to delve into the revenue stream that sports gambling could represent, New Jersey has had to look in the mirror to decide whether they want to go all in. The state is known as one of the leaders in sports betting in the country, having taken in more than $1 billion in wagers in the month of September alone. They are the first state to have eclipsed this threshold in a calendar month.
However, New Jersey residents voted down the notion of expanding the betting landscape to include college sports events held in the state. In other words, if Rutgers University is playing on the road against the University of Maryland in any sport, it is legal for the contest to be wagered upon in New Jersey. However, if it was a home game for Rutgers, then betting on the game would be off limits. This holds true for all of the New Jersey schools when they are playing at home. A reported 56