Sports gambling in New Jersey was hammered during April.
With sports halted because of coronavirus, gambling has taken a monster hit. According to David Purdum, only $54.6 million was gambled on sports in the state in April. Darren Rovell tweeted that $400 million was expected to be wagered in April before the pandemic hit. (RELATED: David Hookstead Is The True King In The North When It Comes To College Football)
$54.6 million was bet with New Jersey sportsbooks in April. pic.twitter.com/UdSmYiU3FQ
— David Payne Purdum (@DavidPurdum) May 13, 2020
New Jersey’s sports betting handle should have topped $400 million in April.
It didn’t even do 15 percent of that. https://t.co/XQxF6mfPOn
— Darren Rovell (@darrenrovell) May 13, 2020
Damn, those numbers are incredibly depressing. I’ll be the first person to admit that I’m degenerate as all hell.
It’s the only path I’ve ever walked, and it’s the only path I have any interest in traveling. That means I engage in copious amounts of poor decisions, booze and sports gambling.
You don’t know what living is until you have several thousand dollars on the line and Bo Nix snatches it all away at the end of the game..
So please understand that I’m a little more educated on this subject than the average person. The fact less than 15% of the expected haul was brought in during April is the definition of heartbreaking.
I imagine the money that was wagered was on futures, but that’s unclear. Either way, we need sports back because we need our gambling back.
While the women in my life might not approve of my gambling habits, I can promise you I’m going to be throwing bags around in Vegas once this crisis is over.