The New Jersey Legislature has passed legislation to legalize fixed odds betting on horse racing. According to the document, betting operators officially licensed in the state will be able to organize such bets.

The fees collected by the state from this type of activity will go towards treatment and prevention of gambling addiction in New Jersey.

Legislators of the state of New Jersey provide for the following restrictions: a player whose data is included in the register of self-excluded gamblers of the state will not be able to receive a win if he made a bet with fixed odds; an operator who allowed a self-excluded to make such a bet could be fined $5,000 and revoked.

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