Want to bet on Saint Peter's? You can only do that out of state. There is a constitutional restriction in New Jersey prohibiting wagers on colleges located within the state or college games played in Jersey.
When is a losing bet not necessarily a losing bet? It’s complicated, but naturally Saint Peter’s is involved. They’ve turned everything else in this tournament upside down, why not sports betting?
It was worked into the state’s sports-betting law more than 10 years ago to make it more palatable for politicians -- and voters -- to support. Sports betting was in the dark ages then. Nevada controlled everything, and anybody who bet must have hung out at the Bada Bing! with Tony Soprano. “They didn’t do themselves any favors with the wording of the referendum last year,” said Jack Andrews, a professional sports bettor and industry analyst. “They need the sportsbooks -- or at least the American Gaming Association -- to come in and help craft the wording. The books didn’t lift a finger this last time around.”, which seeks to educate novice bettors, pointed out that New Jersey better get this fixed by the time the East Regionals are held in Newark in 2025.
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