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deskgameNew Jersey’s relatively 13% tax rate on online sports betting generated -- year-to-date in 2024 -- $115.3 million. deskgameIf the first bet that was placed was less than $50, a singular bonus bet that is the same as the amount staked is dealt to the new account. If one wagers an amount over $50, five bonus bets worth 20% of the initial will be supplied by BetMGM. As an example, if you put down $300 and lose, five $60 bonus bets are delivered to the account. The maximum amount of allowable bonus bets will be $1,500. deskgameLast season, Alabama and Michigan met with a berth in the College Football Playoff championship game on the line. Today they meet again in a game with significantly less at stake. deskgameThe dangers of such easy access to gambling mirror the widespread cigarette use of past decades — it, too, is a public health crisis. By taking legislative measures to set high accountability standards, New Jersey can be at the forefront of addressing the detrimental issues related to online gambling and set an example for other states to follow.