MonmouthBets, the first legal and regulated mobile application for fixed odds betting on horse racing in the United States, has launched announced BetMakers Technology Group Friday. Approved by the New Jersey Division of Gaming Enforcement, the MonmouthBets app is now available for New Jersey residents to accept wagers on mobile devices ahead of Monmouth Park’s 78th season beginning Saturday, May 13.
In addition to being able to place bets on Monmouth Park races, New Jersey horseplayers can now place fixed odds wagers on races from Tampa Bay Downs, Canterbury Park, Delaware Park, Hawthorne Race Course, Emerald Downs, and Century Mile.
“With last year’s retail offering setting the foundation, we are excited and honored to bring fixed odds betting to horseplayers through our MonmouthBets digital platforms,” said BetMakers CEO Jake Henson. “Fixed odds betting will help to form a healthy betting ecosystem for horse racing in New Jersey and beyond, with the transformative potential to provide a massive benefit to the entire racing industry.”