DraftKings has just launched Electric Poker in New Jersey, and it has brought a whole new excitement to players in the state. DraftKings first brought Electric Poker to players in Michigan and Pennsylvania, making New Jersey the third state where the title is played.

DraftKings has officially introduced its groundbreaking Electric Poker game to the New Jersey market, making it the third state to receive the offering after Michigan and Pennsylvania. The company announced the introduction on Tuesday, marking another milestone in its rapid expansion within the iGaming sector.

Electric Poker arrives in the Garden State

Electric Poker has been well received in other states, prompting DraftKings to bring the unique game to New Jersey's thriving online poker landscape. Unlike traditional poker offerings, Electric Poker is integrated directly into the DraftKings online casino platform, requiring no additional login credentials or separate accounts.

Jason March, Vice President of iGaming Marketing and Operations at DraftKings, expressed confidence in the game's potential in New Jersey. "Since launching Electric Poker in August, the reception from DraftKings Casino players has been very positive, leading to the expansion of the exclusive product to New Jersey," March said in a statement. "We're excited to be able to offer this exceptional title to more customers, delivering them a one-of-a-kind, innovative game and a first-class online poker experience."

While New Jersey has hosted online poker for over a decade, the introduction of Electric Poker brings a fresh take on the game with its unique format and dynamic prize structure.

Understanding Electric Poker's unique features

Electric Poker is a unique take on traditional No-Limit Texas Hold'em standard rules but introduces a distinctive twist - randomized prize pools based on a multiplier system. According to DraftKings, the game operates as follows:

"Electric Poker is a Hyper Turbo, three-handed No-Limit Texas Hold'em poker tournament played with one standard deck of 52 cards. The prize pool for the tournament will be determined based on a random draw before the start of each tournament and can be from 2x to 10,000x your buy-in ("Prize Pool Multipliers")."

The fast-paced format includes blind levels lasting two minutes to maximize the number of hands played. Each tournament consists of three players in a jackpot sit-and-go format, with buy-ins reaching $1 to up to $25.

The most enticing aspect of Electric Poker is its potential payouts. Prize multipliers can reach as much as 10,000x, meaning a $10 buy-in could yield a jackpot of up to $100,000 if the maximum multiplier is drawn.

Revenue classification and gaming regulations

Although Electric Poker is categorized as a poker game, it is accessible through DraftKings' online casino platform without requiring additional authentication. The Pennsylvania Gaming Control Board classifies Electric Poker revenue as online poker, and the New Jersey Division of Gaming Enforcement has confirmed that it will follow the same approach.

Electric Poker combines both banked as well as non-banked gaming elements. While long-term payouts align with player contributions minus rake - making it non-banked - the randomization of the payouts introduces short-term house-banked characteristics.

New Jersey's competitive online poker scene

New Jersey is home to a well-established online poker market, featuring multiple platforms that participate in the Multi-State Internet Gaming Agreement. This agreement allows poker operators to share player pools across state lines, enhancing competition and player engagement. The major platforms operating in New Jersey include: BetMGM, PokerWSOP, and PokerStars. In addition to these networks, the state also offers PartyPoker and Borgata Poker, further expanding options for players.

The arrival of Electric Poker provides New Jersey players with a fresh and innovative poker experience. With its fast gameplay, unique prize structure, and seamless integration within DraftKings' casino platform, Electric Poker is expected to make a significant impact in the state's thriving iGaming market.