The state Tourism, Gaming and the Arts Committee approved Assembly Bill 3258 by a 6-0 vote with one abstention. The bill, introduced by a consortium of Democratic Assemblymembers in January, explicitly bans micro, or “live bets” in the Garden State.
“Micro betting has become an increasingly popular practice whereby bettors can wager on each play in a sporting event,” reads AB 3258. “Examples of micro bets include whether the next pitch in a baseball game will be a strike or whether the next play in a football game will be a pass or run.”
Bill takes live ‘next play’ bets off the menu
AB 3258 provides clarity of what is considered a micro bet, defining the offerings as “a proposition bet which is wagered live, while a sport or athletic event is ongoing, and concerns the outcome of the next play or action ..