New Jersey Best Sportsbook Bonuses and Promo Codes for February 2023
With 19 legal online sportsbooks, access to online sports betting sites in New Jersey, and their lucrative bonuses, has never been easier.
Read on to learn about the best New Jersey sports betting bonuses, the types of bonuses available on these sites, how to claim them, and their relevant terms and conditions.
Top New Jersey sportsbook bonuses
#1 Top-rated sportsbook
BetSmart™ Rating: 4.4/5- Top-rated sportsbook
- Ample markets
- Fast and secure banking
Payout Speed:Deposits & withdrawals
BetSmart™ Rating: 4.7/5- Generous welcome bonus
- Offers same-game parlays
- Ample betting options
Deposits & withdrawals
BetSmart™ Rating: 4.7/5- Competitive pricing
- Offers same-game parlays
- Exclusive live streaming
Deposits & withdrawals
BetSmart™ Rating: 4.4/5- User-friendly mobile app
- Good deposit options
- Offers same-game parlays
Deposits & withdrawals
BetSmart™ Rating: 4.6/5- Well-designed mobile app
- Live same-game parlays
- 24/7 customer support
Deposits & withdrawals
BetSmart™ Rating: 4.6/5- Good live betting section
- Offers same-game parlays
- User-friendly interface
Deposits & withdrawals
Quick facts: New Jersey promo codes
| Online launch date | Aug. 1, 2018 |
| Number of betting sites | 19 |
| Best sportsbook bonus | bet365 |
| Online betting | Yes ✅ |
| Retail betting | Yes ✅ |
| College sports betting | Out-of-state only |
| Remote registration | Yes ✅ |
| Online casinos | Yes ✅ |
| Legal betting age | 21 |
1. bet365 NJ welcome offer
Bet $1, Win $200 in Free Bets
No code required
The low barrier to entry, only $1, and generous payoff position bet365 as New Jersey's top sign-up offer. Newly registered account holders can claim $200 in free bets guaranteed, regardless if you win or lose your first wager. We highly encourage Garden State customers to claim this bet365 New jersey bonus, but first, let's review the pertinent details:
- No bet365 promo code required.
- Create an account and make a qualifying deposit of $10 or more.
- Place a $1 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.
- Win $200 guaranteed, regardless of whether your bet loses.
2. Caesars NJ welcome offer
Up to $1,250 on Caesars
Code: COVERSFULL
Caesars Sportsbook is one of the largest and most trusted gaming platforms, bolstered by the acquisition and rebranding of global operator William Hill last year. New users can claim a substantial welcome bonus of up to $1,250 on Caesars should their first wager lose.
- Enter Caesars Sportsbook promo code 'COVERSFULL' during sign-up when prompted.
- Make a bet of up to $1,250 within 30 days of sign-up.
- Customers receive a bet credit in the case they lose within two business days, and it must be used within 14 days.
- Customers also receive 1,000 tier and 1,000 reward credits within seven days of the qualifying bet settling.
- The bet must be made on a single wager.
3. FanDuel NJ welcome offer
$3,000 No Sweat First Bet
No code required
The sports betting operator made waves with daily fantasy games and quickly became one of New Jersey's most downloaded sportsbook apps. The latest FanDuel sign-up offer provides bettors with the most lucrative FanDuel promotion yet — a "$3,000 no sweat first bet" bonus. Here's how it works:
-
Once registered, no FanDuel promo code is required to gain access to the offer.
- Download the FanDuel sportsbook mobile app, one of the best mobile sports betting apps available in New Jersey, to claim the offer.
- Remember that the initial deposit, at least $10, and the subsequent real money bet are the only ones eligible for the bonus. Any bet counts on any market.
- Once your bet is placed, FanDuel will credit your account an equal value to the wager, up to $3,000, should the bet lose. This bonus bet is exclusive to FanDuel, and you can not withdraw it from your account.
- Bonus bets can be used on any sports market. Bonus bets will show up in your account within 72 hours of the bet being placed.
- This offer won't last long — it expires post-Super Bowl, at 11:59 p.m. ET on Feb.12, 2023.
Read more in our FanDuel review for detailed news and information.
4 BetMGM NJ welcome offer
$1,000 back in bonus bets
No code required
BetMGM clocks in second on our list of the top sportsbook bonuses in New Jersey. New customers to the “King of Sportsbooks” can receive up to $1,000 paid back 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.
- No BetMGM promo code is required to claim the sign-up promo.
- To qualify, make a $10 minimum deposit minimum.
- If you lose your initial bet, bonus bets of up to $1,000 will be credited to your account within 24 hours.
- Qualifying bets greater than $50 that lose will be refunded in denominations of 20%.
- If you lose your initial bet, bonus bets of up to $1,000 will be credited to your account within 24 hours.
Let's look at a practical example: If you bet $1,000 and lose, you'll receive $1,000 in bonus bets, broken down into five separate $200 bonus bets. Keep in mind that you cannot cash out your bonus bets.
5. PointsBet NJ welcome offer
Up to $500 in free bets
Code: MC4X200
PointsBet is an Australian-based sportsbook that has made a splash on New Jersey's sports betting scene courtesy of its solid promotions and user-friendly platform. PointsBet offers up to $500 in free bets for its new customers as a welcome bonus. Let's drill down on the specifics:
- Only new customers in New Jersey are eligible for the promotion. Ensure you use the PointsBet promo code — MC4X200 — during registration.
- Make an initial fixed-odds wager, up to $100, each day during the five-day promo period with a safety net. The amount wagered each time is up to you, whether you stake $50 or $100.
- PointsBet NJ will refund the full amount of the wagers — as non-withdrawable site credit — if you miss or lose the bets.
- Players can access rewards from their account within 24 hours of the initial bets having been settled.
6. DraftKings NJ welcome offer
Bet $5, get $200 in bonus bets
Ends Feb. 12
For a limited time, new DraftKings Sportsbook customers in New Jersey can get $200 in bonus bets from a $5 wager. Make a qualifying deposit of $5 or more, coupled with a minimum $5 bet on any sports market. Once registered, no DraftKings Sportsbook promo code is required to qualify, but we've outlined the pertinent details.
- Remember that the initial deposit, at least $5, is the only one eligible for the bonus, and any market is viable.
- If your first bet wins or loses, DraftKings will credit your account with eight $25 bonus bets for a total of $200.
- Bettors receive $200 in bonus bets and any cash winnings earned from your original wager.
- Bonus bets are valid for seven days and can be used on any sports market.
Most common sign-up bonuses
The three most common sign-up bonuses in New Jersey range from risk-free bets and deposit match bonuses to no deposit bonuses. Each offers unique advantages, and it is important for bettors to understand the nuances to make an informed decision.
Risk-free bet
A risk-free bet refers to a bet which will be refunded in the form of site credit or a free bet if it is lost. Bettors can have an added incentive to make riskier “longshot” bets than they typically would, as they have insurance in the case they lose in the form of an additional bet. Risk-free bets have become among the best New Jersey betting bonuses as they offer maximum value to sports bettors looking to increase their bankroll quickly. Football fans heading to East Rutherford for the Jets or Giants game can confidently bet on the underdog, knowing they will get another opportunity to bet regardless of the outcome.
Deposit match
A deposit match is a bonus offered to online sports bettors in which the sportsbook will match the amount deposited up to a certain percentage and maximum. For example: If you’re looking to bet on the Yankees, the sportsbook offers a 100% deposit match bonus of up to $100. They will give you an additional $100 in your account once you deposit $100, thus providing you with a total account balance of $200.
No deposit bonus
A no deposit bonus is essentially a free 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 very high. Some new betting sites also offer no deposit bonuses when launching in new sports betting markets.
By lowering the barrier to entry and not requiring a deposit, players are more inclined to sign up and give a great opportunity to interact with the site without losing money. Players can expect a wagering requirement before having the ability to cash out.
Latest New Jersey betting news
All New Jersey online sportsbooks
At the time of publishing, there are 19 licensed online sports betting sites accepting wagers in the state of New Jersey. In August 2018, DraftKings Sportsbook became the first legal online operator to accept mobile wagers in the Garden State.
Fubo Sportsbook shut down its sportsbook business and left the New Jersey market in October 2022.
Take a look at the complete list of New Jersey betting sites.
New Jersey’s online and mobile sportsbooks
| Online sportsbook | Mobile app | Odds provider | Online casino | Retail partner |
|---|---|---|---|---|
Barstool  |
Yes | Kambi | Yes | Freehold Raceway |
| bet365 |
Yes | bet365 | Yes | Hard Rock |
| BetMGM |
Yes | BetMGM | Yes | Borgata |
| betPARX |
Yes | Kambi | Yes | Freehold Raceway |
| BetRivers |
Yes | Kambi | Yes | Monmouth Park |
| Betway |
Yes | DGC | Yes | TBD |
| Borgata Sports |
Yes | BetMGM | Yes | Borgata |
| Caesars |
Yes | Caesars | Yes | Ocean Resort, Monmouth Park, Tropicana, Wild Wild West, Harrah's |
| DraftKings |
Yes | SBTech | Yes | Resorts |
| FanDuel |
Yes | Flutter | Yes | The Meadowlands |
| FOXBet |
Yes | TSG | Yes | Resorts |
| Golden Nugget |
No | SBTech | Yes | Golden Nugget |
| Hard Rock |
Yes | GiG | Yes | Hard Rock |
| PlayUp |
Yes | PlayUp | No | Freehold Raceway |
| PointsBet |
Yes | PointsBet | No | The Meadowlands |
| SuperBook |
Yes | Stadium | No | The Meadowlands |
| Tipico |
Yes | Tipico | Yes | Ocean |
| Unibet |
Yes | Kambi | Yes | Hard Rock |
| WynnBET |
Yes | GAN | Yes | Caesars |
More NJ betting resources
New Jersey best bonuses FAQs
We like bet365 for its 'Bet $1, Win $200 in Free Bets' welcome offer. Securing $200 guaranteed, even if you lose, represents outstanding value for new customers in New Jersey.
You can claim one New Jersey sportsbook sign-up bonus per account. You may be eligible for other promotions on the site that are not in conjunction with the sign-up bonus. However, you can claim one additional sign-up bonus on each individual site that you register with.
Bonus abuse involves signing up to a sportsbook multiple times to use New Jersey betting bonuses reserved for new users. Also known as “promo abuse”, users fraudulently register numerous accounts to take advantage of offers like free cash, while often avoiding deposit bonuses and necessary wagering requirements.
Players 21 years of age and older in New jersey can legally bet on sports.
The Caesars NJ sportsbook promo code is COVERSBONUSFULL. With this code, new Caesars New Jersey users can claim 1,000 Caesars Rewards® Tier Credits, 1,000 Caesars Rewards Reward Credits, and a bet credit of up to $1,250.
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Mike has been researching and reviewing products for more than a decade. The former travel and entertainment publisher is all in on sports betting. When he's not sweating picks or supporting Covers' betting experts in making smarter sports bettors, you can find him by the BBQ, perfecting his cross-hatch marks.
