New Jersey bill seeks to ban micro betting in sports gambling
Sports betting could look a little different in the Garden State under a new bill introduced again in the State House. If passed into law, “micro-bets” in sports games would be banned.
Also known as in-game live betting, micro bets involve betting on the next immediate action in a game. It could be a bet on whether or not the next play will involve a score, or if the next pitch in a baseball game is a ball or strike.
Microbetting, or live sports betting, involves putting money on the result of the next play of a game, whether the next pitch is a ball or strike or whether the kicker will make a field goal attempt, seconds before it happens.
On Tuesday, the Campaign for Fairer Gambling met with several State lawmakers to discuss a report it assembled on microbetting – and the dangers that come with it.
“Research has made clear that 78% of individuals that engage in microbetting are actually struggling with problematic gambling,” said Brianne Doura-Schawohl, national director of the Campaign.