New Jersey Sports Betting Promos & Bonuses: Best Offers for 2023

All New Jersey sportsbook promo codes

Sports fans in New Jersey have access to 19 unique NJ sports betting promos. Regardless of your experience level, a New Jersey sportsbook bonus will make sense for you and your budget.

We’ve compiled a list of the top New Jersey sportsbook promos. Remember that you are not limited to choosing just one NJ sportsbook bonus. Sports bettors in the state can take advantage of all the best New Jersey sports betting promos these sportsbooks offer.

Caesars NJ welcome offer

Caesars Sportsbook is a famous nationwide brand with a strong presence in New Jersey as the sportsbook provider for four in-person retail locations: Caesars Atlantic City, Harrah’s Resort Atlantic City, Tropicana Atlantic City, and the Monmouth Park Sports Book.

With promo code SBRFULL, sports bettors in New Jersey can lock in an NJ sportsbook bonus bet credit that matches their first bet up to $1,250 if that bet loses. Whether that first bet wins or loses, the “Full Caesar” also awards bettors with 1,000 Tier Credits and 1,000 Reward Credits.

Caesars promo pros & cons

✅ Pro: This New Jersey sports betting promo offers a maximum payout of $1,250 in bonus bet credits.

✅ Pro: Reward and tier credits earned can be used on dining, entertainment, hotel stays, and more.

✅ Pro: You only need a minimum first wager of $10 to activate this offer.

❌ Con: Bonus bets awarded must be used in one single wager.

❌ Con: You only receive a bonus credit if your first wager loses.

What does the Caesars $1,250 first bet mean for you?

New customers that can make a large first deposit and wager will receive excellent value with this NJ betting promo. You will either kick things off on your new Caesars Sportsbook account with a big win or earn another shot at a big win with a bonus bet matching the amount of your original wager up to $1,250.

How much money can be earned with the Caesars $1,250 first bet?

You can make your first bet of up to $1,250 without any odds pricing restrictions, so there is no set limit to the amount bettors can win with this offer.

Why this bonus is better than others

Many sports bettors consider this one of the best NJ sports betting promos due to the high coverage offered at up to $1,250 on your first bet.

bet365 NJ welcome offer

bet365 was founded over 20 years ago in the United Kingdom and is among the world’s most popular and well-respected international online sportsbooks.

New Jersey betting promos don’t get much better than this for sports fans looking for an inexpensive entry point. When you make your first deposit and wager $1 or more on the game, your account will be awarded $200 in bonus bet credits regardless of whether your initial bet wins or loses.

bet365 promo pros & cons

✅ Pro: A small investment of only $1 delivers an impressive $365 in bonus bets.

✅ Pro: You will get bonus bet credits even if your initial bet loses.

✅ Pro: These bonus bet credits can be used on any sport.

❌ Con: Straight bets used to unlock this offer must be placed at odds of -500 or less.

What does the bet365 bet $1, get $365 promo mean for you?

There isn’t any downside to this exciting New Jersey sportsbook bonus. By wagering just $1 on the game of your choice, you will secure $365 in bonus bet credits that you can use on all of your favorite sports.

How much money can be earned with the bet365 bet $1, get $365 Promo?

There is no price cap regarding what you place your first bet on or what you use your $200 in bonus bet credits on, so there is no set limit to the amount you can earn with this NJ betting promo.

Why this bonus is better than others

This New Jersey sportsbook promo has it all for sports bettors. It only takes a $1 bet to unlock $365 in bonus bet credits, and you’ll get those bonus bets no matter what happens with your first bet. bet365 gives sports bettors in New Jersey a great incentive to try their sportsbook with this top sign-up offer.

FanDuel NJ welcome offer

FanDuel started as a daily fantasy sports provider, gaining massive popularity across the United States. That popularity and new ownership from a sports betting industry leader in Flutter Entertainment made the transition into sports betting in New Jersey in 2018 very natural.

New users to FanDuel are eligible for a welcome bonus that guarantees funds win or loss on your first bet. Register and deposit on the FanDuel mobile app and place a first bet of $20. If that bet wins or loses, you’ll get bonus bets deposited into your account of $200, equal to 10x the initial bet. FanDuel will fulfill bonus bets within 72 hours, expiring on March 19 at 11:59 p.m. ET.

FanDuel promo pros & cons

✅ Pro: Good value of $200 on a win or loss proposition.

✅ Pro: You can bet on any sport with this promotion.

❌ Con: A smaller bonus than other sportsbooks.

❌ Con: $20 minimum bet could be high for some.

What does the FanDuel bet $20, get $200 in bonus bets mean for you?

Bettors looking to earn bonus funds win or loss will love FanDuel's welcome bonus. You’ll either score a big win to boost your sports betting bankroll or get your $200 to play with if you lose.

How much money can be earned with the FanDuel bet $20, get $200 in bonus bets?

You can use this no-sweat first bet to wager on any market FanDuel has to offer. This means there is no limit to how much you can win with this New Jersey betting promo, as your winnings will depend on your betting odds.

Why this bonus is better than others

This FanDuel sign-up offers one of the best NJ sports betting promos because you are guaranteed bonus funds even if your bet wins. Most sportsbooks will only give you bonus funds if that initial bet loses.

DraftKings NJ welcome offer

Like FanDuel, DraftKings became a household name in the United States by providing daily fantasy sports to sports fans nationwide. Now DraftKings has leveraged its popularity into success as one of the best and most user-friendly online sportsbooks in New Jersey.

New customers to DraftKings can place a wager of $5+ on any pre-game moneyline and receive $200 in bonus bets if your team wins. The first placed wager of $5+ will be the qualifying wager. Bonus will be paid as eight (8) $25 bonus bets and are not redeemable for cash, non-transferable, non-refundable, and will expire after seven days.

Minimum $5 deposit. Minimum $5 bet. Valid 1 per new customer.

DraftKings promo pros & cons

✅ Pro: You only have to risk $5 to earn $200 in bonus bet credits

✅ Pro: Winnings are split up into eight different $25 bonus bets.

✅ Pro: Bonus bet credits can be used on any sport.

❌ Con: You can only use one bonus bet per event.

❌ Con: You must use all eight of your $25 bonus bet credits in one week, or they will expire.

What Does the DraftKings bet $5, win $200 promo mean for you?

With an initial investment of only $5, you can add an extra $200 to your sports betting bankroll. This New Jersey sports betting promo adds a lot of extra value to your first bet, regardless of what size the wager is.

How much money can be earned with the DraftKings bet $5, get $200 promo?

After your initial wager, you will receive six $25 bonus bets that can be used on any market DraftKings offers. This means there is no limit to how much you can win, as you can choose what odds you want to bet on.

Why this bonus is better than others

This bonus is one of the best New Jersey sports betting promos because the $200 in bonus bets is not tied to the result of the initial wager. With this low-risk and high-reward sign-up offer, you can roll over the bonus credits to build your bankroll on DraftKings.

PointsBet NJ welcome offer

PointsBet offers its customers unique PointsBetting wagers that pay out wins and losses in set point amounts based on the margin of victory or defeat of the team you wager on. This exciting way to bet on games makes PointsBet a popular option for sports bettors that like variety.

New customers at PointsBet can access a New Jersey sportsbook promo that delivers up to $250 in bonus bets. Once you make your first deposit, the first eligible wager you place for five days in a row up to $50 each will be matched with a bonus bet if they lose, which adds up to $250 in total potential bonus credits.

PointsBet promo pros & cons

✅ Pro: You don’t have to bet the same amount each day

✅ Pro: Five different wagers make earning bonus bets more likely.

✅ Pro: The bonus lasting multiple days keeps it active longer.

❌ Con: You miss out on your bonus bet up to $50 if you miss a day out of the five

❌ Con: PointsBetting wagers aren’t eligible for this promotion (only fixed odds are).

What the PointsBet 5 $50 second-chance bets mean for you

Five days of second-chance bets up to $50 gives you multiple opportunities to build your sports betting bankroll by adding to your funds when you win and receiving bonus bet credits when you lose.

How much money can be earned with the PointsBet 5 $50 second-chance bets?

Your five $50 PointsBet wagers can be bet on any market at any odds, so there is no limit to how much you can win with this NJ sportsbook promo. You may receive up to $250 in bonus bets if you place five $50 bets on consecutive days that all lose.

Why this bonus is better than others

While most New Jersey sports betting promos apply only to the first bet you place with the site, this PointsBet welcome offer stretches out over five days. That’s five different opportunities to bet up to $50 and win or score a $50 bonus bet credit.

BetRivers NJ welcome offer

BetRivers is an excellent sportsbook for both beginners and experienced sports bettors. New Jersey sports fans who play at BetRivers enjoy a wide range of live betting options, weekly promotions, and odds boosts.

Those looking for the top NJ sports betting promos should seek BetRivers’ second-chance bonus bet of up to $500. If your first bet of up to $500 on the site loses, you will get a bonus bet credit in the same amount you bet.

BetRivers promo pros & cons

✅ Pro: Bettors can choose between $10 to $500 for this promotion.

✅ Pro: Winnings on bonus bets can be withdrawn once the bet settles.

❌ Con: You only earn bonus bet credits if your first wager loses.

❌ Con: The bonus bet awarded can only be used on games with odds of -200 or less.

What does the BetRivers $500 second-chance bet mean for you?

BetRivers delivers another first-bet insurance option to New Jersey sports bettors, offering up to a $500 bonus bet if your first bet loses.

How much money can be earned with the BetRivers $500 second-chance bet

You can place your first bet at BetRivers of up to $500 on the game or sport you choose. With long odds among your options, there is no set limit to the amount you can win with this NJ sportsbook bonus.

Why this bonus is better than others

This offer may not be the best in the industry with its $500 cap. However, it is still better than many other NJ betting promos, and it’s worth taking advantage of while adding another quality online sportsbook to your collection.

How we rate & review sports betting promotions

SBR betting experts are constantly weighing multiple key factors when compiling their ratings and reviews of the best New Jersey sports betting promos on offer. Here are some elements we look for when rating New Jersey sportsbook bonuses.

• Whether you need to make a deposit or not to earn your bonus.
• If a deposit is required, what is the minimum deposit necessary to be eligible for the offer is.
• If you need a promo code to activate your promotion.
• What dollar value the NJ betting promo has.
• Whether or not there is an expiration date on the offer and how reasonable that time frame is.
• What playthrough (or rollover) betting requirements are necessary to withdraw funds.

The best NJ sports betting promos are a vital piece of the puzzle, and they are just one of the many things our SBR betting experts consider when offering an in-depth analysis of New Jersey’s legal sportsbooks.

Types of New Jersey betting sign-up offers & bonuses

New Jersey sportsbook promos generally fall into three categories: first bet insurance, bonus bets, and deposit matches. The NJ sports betting promos on offer change and rotate throughout the year, often in correlation with the sports calendar around popular leagues like the NFL and events like the NBA playoffs. Look for these three standard formats when searching for New Jersey betting promos:

First bet insurance

These NJ sportsbook promos come in different names, such as FanDuel’s “No Sweat First Bet” or the BetRivers “second-chance bet.” If the first real-money wager at your selected sportsbook loses and you have this type of offer activated, you will receive bonus bet credits equal to the amount you lost up to the amount advertised. For example, if your New Jersey sportsbook bonus offers first-bet insurance up to $500 and your first bet of $450 loses, you will get a $450 bonus bet.

If your first bet wins, you won’t get a bonus bet, but your sports betting bankroll will get a nice boost from the profit of your winning play. First-bet insurance bonuses give you good value on your first deposit and allow you to take a shot at a big win right out of the gate. Check the terms and conditions beforehand to understand what bet types are covered and if there are any playthrough requirements before you can withdraw.

Bonus bets

The market’s most beginner-friendly NJ sportsbook bonuses are bonus bets that activate when you make a qualifying wager. For example, with bet365’s Bet $1 to Win $365 New Jersey sports betting promo, a bet of only $1 on the game you choose will secure $365 in bonus bet credits that you can use on any market.

Many consider these the best NJ sports betting promos because they are low-risk and high-reward, making them an excellent option for new customers wanting to get started with a small first deposit. As always, read the terms and conditions on these offers to see if your bonus bets expire and if the winnings have rollover requirements.

Deposit matches

Deposit matches give sports bettors an instant boost on their initial investment at a new sportsbook. Sportsbooks offer a wide range of deposit matches, from 20% of your first deposit to 100%, and these bonus credits usually hit your account right away. For instance, an NJ sportsbook bonus that offers a deposit match of 100% on first deposits up to $500 would give you access to $1,000 (your $500 plus $500 in bonus bet credits) to bet on sports with.

Each sportsbook has rules on how much you must bet before withdrawing funds to prevent bettors from immediately taking out their deposit match bonus. Look into your sportsbook’s terms and conditions before signing up for a deposit match, among the best New Jersey sports betting promo options.

New Jersey online sportsbooks

Sports bettors in New Jersey have access to 19 active online sportsbooks. Each of these 19 sportsbooks has been approved and awarded a license to operate in the state by the New Jersey Division of Gaming Enforcement. Here’s a list of features each of these sportsbooks is known for in addition to their NJ sportsbook promos.

New Jersey online & mobile sportsbooks

New Jersey betting resources

New Jersey sportsbook promos are among the biggest draws for new customers to give online sportsbooks they haven’t tried. In addition to this in-depth page covering the best NJ sports betting promos, SBR’s betting experts have compiled additional betting resources to help you determine which online sportsbook in New Jersey is right for you.

New Jersey sports betting

The NJ sports betting page features everything you need to know about sports betting in New Jersey. It includes the history of the legalization of betting on sports in the state, details on all 19 legal NJ online sportsbooks, and much more. All the major sports like the NFL, NBA, MLB, and NHL are available, plus UFC, European soccer, and golf. However, bettors cannot wager on college sports in the state.

Sports betting bonuses

While the New Jersey promo page you are currently on features information on all of the best New Jersey sports betting promos, the best sportsbook promos page provides a more in-depth look at each sportsbook and the promotions it offers with expert advice from our team at SBR.

Best sportsbooks in New Jersey: FanDuel

FanDuel is one of the most popular sportsbooks in the world. It has everything from great NJ sports betting promos to an outstanding interface and industry-leading betting odds. You can learn more about what makes FanDuel one of SBR’s top-rated books by reading this FanDuel review.

Responsible sports betting with New Jersey promos

The Division of Gaming Enforcement has programs to help problem gamblers in New Jersey get the help they require for their gambling addiction. New Jersey residents with concerns about controlling their gambling can add themselves to a list that will ban them from using online sportsbooks and visiting land-based casinos.

There are also more resources available online to get help if you or someone you know has a problem with gambling. The 1-800-GAMBLER national hotline takes calls 24/7 for anyone who wants to talk with a professional counselor about compulsive gambling.