New Jersey legislators seeking to ban micro bets

Legislation

Sports betting could look a little different in the Garden State under a new bill just introduced in the State House, If passed into law, “micro-bets” in sports games would be banned.

Senator Paul D. Moriarty introduced a bill earlier this week that would eliminate such markets in the Garden State, and establish penalties for operators following the NBA gambling scandal.

Moriarty established a bill similar to Assemblyman Dan Hutchison (D-4), who introduced Assembly Bill 5971 in July. However, Moriarty lays out punishments and fines for operators who violate the bill, should it pass.

The bill differentiates a common prop bet, which can be an anytime touchdown scorer of an NFL game. A micro wager is whether the next pitch in a baseball game will be a strike or whether the next play in a football game will be a pass or run.

Moriarty also laid out penalties against operators who offer such wagers should the bill pass.

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