New Jersey bettors take advantage of fixed-odds horse racing debut at Monmouth Park Dave Bontempo, Play NJ · May 14, 2022 at 11:55 am Monmouth Park’s debut of fixed odds wagering last weekend revealed the promise of this revolutionary betting system. And here in the United States, the Oceanport horse racing facility is where the national debut took place. Other states need to approve legislation. With fixed odds wagering, bettors to lock in their price at the time of the bet (just like betting the the Philadelphia Phillies run line). With the pari-mutuel system, which is common with horse racing, the odds fluctuate up until post time. Gamblers can utilize the fixed-odds system for Monmouth Park races, in which betting odds will be available at least a couple days before the weekend’s live racing card.