The launch is limited to Android-compatible devices so far. Plans for iOS and web-based offerings are in the mix, but not available yet.
BetStars platform offers things both original and standard
This release is BetStars first entry into the United States market. However, its parent company, Stars Group, has used this platform in many other markets for years.
As such, the product doesn’t come with some of the technical or logistical glitches common to new releases. There are several aspects of the platform that are quite appealing.
The app also comes with a full range of betting types. A wide selection of moneylines, point spreads, totals, and parlays are on the list.
There is also a ton of in-play betting available. In fact, BetStars offers early cash outs, which allow players to bank wins on open tickets.
Of course, players must accept a reduced payout on their bet. Still, this feature allows players to guard against last-second losses or meltdowns.
For bet sizing, there is no real minimum for individual bets. Wagers can be as low as $0.01, and there is no vig on penny wagers.
Finally, there is a new innovation called Spin & Bet that is unique to the BetStars app. This product is the sportsbook equivalent of the Spin & Go found on the PokerStars client.
Essentially, Spin & Bet allows players to risk a piece of their bet for the chance at a bigger payout. Spin & Bet could potentially add a 10x multiplier to a bet and increase the cash out dramatically.
The new app just adds to the Stars Group footprint
BetStars joins PokerStars NJ and PokerStars Casino to make the full Stars Group platform. With all three aspects covered, the Stars Group is poised to compete well with both the established and upstart competitors in New Jersey.
As of Sep. 17, the list of online sportsbooks in New Jersey:
Considering that no online sportsbook existed in the Garden State until early August, it’s been quite a month for wagering on sporting events. There’s no doubt that the oncoming NFL season spurred some of the releases.
Still, it’s looking like a good move for all who made it. In August 2018, online sportsbooks accepted nearly $22 million in wagers, and held over $3 million of that figure as revenue (total handle was just shy of $100M).
That was before football season started. With eight sportsbooks and America’s favorite game in season, we could see something pretty special in September.