Best NJ Sportsbook Promos: $5,825 in Bonuses for July 2025

New Jersey sportsbook promos summary

1. BetMGM NJ welcome offer

Bet $10, Win $150

Code: COVERSBONUS

 Claim $150

BetMGM clocks in on our list of the top sportsbook bonuses in New Jersey. New customers to the “King of Sportsbooks” can receive $150 in bonus bets, and here's what you need to know about the BetMGM offer:

• The new player bonus applies to your first bet on any available market.
  
  
• Input BetMGM bonus code — COVERSBONUS — during registration to claim the sign-up promo.
  
  
• To qualify, make a $10 minimum deposit and wager. Your qualifying wager must be placed within seven days of creating your account. 
  
  
• If you win, you will be credited $150 in bonus bets to your account within 24 hours.
  
  
• Bonus is issued as three (3) $50 bonus bets, which expire seven days from issuance.
  
  
• Each bonus bet cannot be spread across multiple wagers. This offer expires on Aug. 31, 2025.

Visit our BetMGM Review for more information one of the best NBA betting promos of 2025.

BetMGM iOS app

2. Fanatics Sportsbook NJ welcome offer

  

Choose: Bet $30, Get $300 or $1,000 Bonus

Ends: Ongoing

Claim Now

Fanatics is proving itself as more than just a sports merchandise giant by offering an online sportsbook for new Garden State bettors, featuring one of two lucrative welcome bonuses: Either a bet $30, get $300 in bonus bets reward or up to $1,000 in no-sweat bets. Read the terms of the Fanatics Sportsbook welcome offers below, which is currently ongoing.

For the bet $30, get $300 reward:

• Make an initial deposit of $10 or more.
  
  
• Place a daily $10 wager on any sports market with odds of -500 or greater. No matter what, you'll get a $100 bonus for each of your first three days betting with the platform.
  
  
• So, you can accumulate up to $300 in total.
  
  
• The bonus will arrive in your account within 72 hours.
  
  
• Should you fail to use the bonus within seven days, it will expire. 

For the $1,000 bonus:

• No Fanatics Sportsbook promo code is required.
   
• To be eligible, you must make an initial $10 deposit and $1 qualifying wager. 
  
  
• Place a daily minimum $1 wager on any market with at least -500 odds. If it settles as a loss, Fanatics Sportsbook will issue you a bonus bet of equal value, up to $100, for each of your first 10 days using the operator. 
• The bonus is non-withdrawable and is awarded within 72 hours.
  
  
• Each bonus expires seven days from issuance. Do note that if you miss one day during this 10-day period, you forfeit your bonus for that day.

Read our Fanatics Sportsbook review to learn more. 

Fanatics Sportsbook iOS app

3. bet365 NJ welcome offer

Bet $5, Get $150 Win or Lose

Code: CVSBONUS

 Claim $150

$1,000 First Bet Safety Net

Code: CVSBONUS

Claim $1,000

Enjoy a low barrier to entry at just $5, along with a generous payoff with bet365's latest offer, which stands out as one of the top sportsbook promos in NJ. Newly registered users can claim $150 in bonus bets guaranteed, regardless of the outcome of their first wager. This makes it an excellent opportunity for Garden State bettors to take advantage of. Before diving in, let’s take a closer look at the key details of this bet365 New Jersey bonus:

• Use bet365 bonus code 'CVSBONUS' during sign-up. You must register on the bet365 app to qualify. 
  
  
• Create an account and make a qualifying deposit of $10 or more.
  
  
• Place a $5 wager within 30 days of your account registration.
  
  
• The bonus applies to any market; however, the wager must include at least one selection with odds of -500 or higher. This means that odds of -400, -300, etc. would qualify.
  
  
• Receive $150 in bonus bets guaranteed, regardless if your bet wins or loses. You must use the bonus within seven days (168 hours), or it expires. This offer is currently ongoing.

Read our bet365 review for a deeper analysis of this online sportsbook

bet365 iOS app

Latest New Jersey betting news

4. FanDuel NJ welcome offer

Bet $5, Win $150

New customers only. Deposit min. $5. Place first bet of min $5 and get $150 in bonus bets if your bet wins.

Claim $150

The sports betting operator made waves with daily fantasy games and quickly became one of the most downloaded NJ sports betting apps. This is a site that boasts some of the most robust betting markets available, especially with player props. The latest FanDuel Sportsbook sign-up offer gives bettors an excellent online sportsbook promotion — a 'Bet $5, Win $150' promo. Here's how it works:

• To claim this offer, new users must download the FanDuel Sportsbook app. Once registered, no FanDuel promo code is required to access the offer.
   
• Make an initial deposit at least $5, and place a minimum $5 wager on any market.
  
  
• If you win, FanDuel Sportsbook will credit your account with $150 in bonus bets within 72 hours of your initial wager settling. 
• Try to carefully choose your selection since you must win to unlock the bonus.
   
• You cannot withdraw bonus bets from your account as cash. You also get access to a daily bonus or bet boost by activating this FanDuel Sportsbook offer. 
  
  
• Bonus bets expire seven days after being accquired, and this FanDuel Sportsbook promotion is valid until 11:59 p.m. ET on Aug. 10, 2025.

Read more in our FanDuel review for detailed news and information.

FanDuel iOS app

5. Caesars NJ welcome offer

Bet $1, Double Winnings on Your Next 10 Bets

Code: COVERSBONUSDYW

Claim Boosts

Caesars Sportsbook is one of the largest and most trusted gaming platforms, strengthened by their acquisition and rebranding of global operator William Hill in 2021. This is an operator that stands out due to its robust rewards program where points can be redeemed for cool perks like hotel accommodations. New users can also claim a substantial welcome bonus — 10x 100% profit boosts, each worth up to $2,500.

• Enter Caesars Sportsbook promo code 'COVERSBONUSDYW' during sign-up when prompted.
  
  
• Make a minimum $10 deposit and $1 initial wager to secure the bonus.
  
  
• Caesars Sportsbook will award you 10x 100% profit boosts, each worth up to $2,500. The maximum bet per boost is $25. 
  
  
• The boosts single-use and cannot be combined with any other Caesars Sportsbook promotion. 
  
  
• This Covers-verified Covers Caesars Sportsbook promo code bonus is available until July 31, 2025. 

 Check out our Caesars Sportsbook Review to learn more.

Caesars Sportsbook iOS app

6. DraftKings NJ welcome offer

Bet $5, Get $150

New customers only. Deposit min. $5. Place first bet of min. $5 (at -500 odds or greater) and get $150 in bonus bets instantly.

Claim $150

For a limited time only, new DraftKings Sportsbook customers in New Jersey can get a 'Bet $5, Get $150' welcome offer. Simply register an account and make a deposit of at least $5 to qualify. If your bet wins or loses, DraftKings will issue you a bonus. We've outlined the pertinent details of this sports betting promo:

• No DraftKings promo code is required.
  
  
• An initial deposit of at least $5 is required.
  
  
• DraftKings will award the bonus — via 6 $25 bonus bets — within 72 hours of your initial wager settling as a win or a loss.
  
  
• The bonus bet is non-withdrawable and not included in any future winnings, is valid for seven days (168 hours), and can be used on any sports market. The offer expires on Aug. 3, 2025.
  
  
• You can also access a secondary '20% deposit match up to $1,000' welcome offer, which is valid until June 30, 2025.

For an extensive breakdown of the operator, be sure to check out our DraftKings review.

DraftKings responsible gaming  

One bonus per new customer. Min. $5 deposit. Min. $5 (at -500 odds or greater) bet. Get max. $150 issued as non-withdrawable bonus bets that expire in seven days (168 hours). Stake not included with payout. Offer only for eligible subscribers & must be redeemed by 11:59 p.m. on Aug. 3, 2025.

GAMBLING PROBLEM? CALL 1-800-GAMBLER, (800) 327-5050 or visit gamblinghelplinema.org (MA). Call 877-8-HOPENY/text HOPENY (467369) (NY). Please Gamble Responsibly. 888-789-7777/visit ccpg.org (CT), or visit www.mdgamblinghelp.org (MD).[1.5%] 21+ and present in most states. (18+ DC/KY/NH/WY). Void in ONT/OR/NH. Eligibility restrictions apply. Terms: draftkings.com/sportsbook. On behalf of Boot Hill Casino & Resort (KS).

DraftKings iOS app

Most common sign-up bonuses

The four most common sign-up bonuses in New Jersey range from bonus bets and deposit match bonuses to no deposit bonuses and Bet & Gets. Each offers unique advantages, and it is important for bettors to understand the subtle nuances to make an informed decision. Make sure to read our descriptions below to have a full understanding of what each bonus has to offer.

Second chance bet

A second chance bet is a wager that will be refunded as site credit or a bonus bet if unsuccessful. Bettors are encouraged to place riskier “longshot” bets than they typically would, with the reassurance of a second chance if they lose. With that said, it's still a good idea to play it safe, as the goal is to win your first wager rather than try to recoup your losses. These bets have become a popular choice for New Jersey bettors, offering excellent value for those looking to quickly boost their bankroll. For example, football fans attending a Jets or Giants game in East Rutherford can bet on the underdog with confidence, knowing they’ll get another opportunity to wager regardless of the outcome. Alternatively, you can play it more conservatively by taking a favorite where the goal is to build your bankroll with a more likely outcome.

Deposit match

A deposit match is a bonus where the online sportsbook matches a bettor's deposit up to a certain percentage and maximum amount. For example, if you're looking to bet on the New Jersey Devils, the sportsbook may offer a 100% deposit match bonus up to $100. When you deposit $100, the sportsbook will add another $100 to your account, giving you a total of $200 to bet with. This is considered to be among the best sportsbook promos because you double your bankroll with the deposit match. The best way to use your bonus funds is to play it safe on straight bets to build your bankroll and minimize risk. But you can also try to hit a big payout by mixing a parlay or two.

No deposit bonus

A no-deposit bonus is a bonus bet that does not require the customer to deposit any money. They are typically offered during major sporting events like the Super Bowl, World Cup, and March Madness to help increase sign-ups during a time when sports betting interest is at its peak. Some new betting sites also offer no deposit bonuses when launching new sports betting markets.

By lowering the barrier to entry and not requiring a deposit, players are more inclined to sign up, giving them a chance to interact with the site without losing money. Players can expect a wagering requirement before having the ability to cash out. For example, you may have to play through your no-deposit bonus 1x prior to withdrawal. This means if you get a $10 bonus, you have to rack up $10 in wagers before it can be withdrawn.

Bet & Get

A Bet & Get offer is when you place a wager to receive bonus bets. Most of the sites that offer this promo guarantee your bonus, but some require you to win your first wager. For example, a Bet $5, Get $150 would get you $150 in bonuses just for placing a $5 wager. This is one of the best sportsbook promos available because of its low barrier to entry that allows you to 30x your money. Some of the online sportsbooks where you can find this welcome bonus include FanDuel, DraftKings, and bet365. The best tip for this type of bonus is to shoot for the moon when your bonus is guaranteed but play it safe if you need to win your $5 wager to unlock this promo.

All New Jersey online sportsbooks

At the time of publishing, there are 13 licensed online sports betting sites accepting wagers in the state of New Jersey. This gives you plenty of options to find value and favorable odds in the Garden State. Take a look at the complete list of NJ sports betting sites in 2025.

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