New Jersey Sports Betting Bill Would Ban College Player Prop Bets

It appears sports betting in the Garden State may be about to change forever.

The New Jersey General Assembly and Senate are both considering bills that would ban betting on college player props. The move comes when the NCAA has sounded the alarm over the harassment of its athletes. They have provided many examples of angry bettors threatening and harassing athletes over lost wagers, both in person and on social media.

NCAA President Charlie Baker has been pushing for regulators to drop college prop betting over the last year. That has led several states to make the change, with 13 now banning the bets. While New Jersey would be a surprising market to join that growing list, it appears legislatures share Baker’s concerns. 

“I believe that it is our responsibility to ensure that we set the best example we possibly can for all others who wish to follow our lead,” Assembly sponsor Sterley Stanley said. “Even as a staunch supporter of the sports betting industry, I believe it is incumbent upon us to recognize the incredible pressures that college athletes face between their academic and athletic responsibilities.”

Bills Will Face Stiff Opposition

The NCAA has made it clear that player prop bets are hurting college players, but that doesn’t guarantee the bills' success. Prop betting is incredibly popular, especially in states with a long history of sports betting, such as New Jersey. That means a band would take a significant financial toll, but that isn’t the only damage that could be done.

Opponents of the movement to ban this bet type argue it will drive bettors back to offshore sportsbooks. That puts them in danger, as those platforms can operate outside market regulations. While states have tried to push those bookmakers out of their markets, legal hurdles make it difficult.