Sporting Post

Best NJ Sportsbook Promos & Bonuses November 2024

Updated at: November 12th, 2024
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What are the best NJ sportsbook promos in November 2024?

The best NJ sportsbook promos are DraftKings' 'Bet $5, Get $250', Caesars Sportsbook's '$1,000 First-Bet Bonus', and BetMGM's '$1,500 First-Bet Bonus'. This is based upon important user-centric features like promo complexity, value for money, and the terms and conditions of the offer.

Find the best NJ sports betting promos, reviewed and analyzed by our expert sports betting team.

After extensively testing the top sportsbook bonuses within the state, we ranked them based on key bonus-specific features.

Read our comparison table and reviews to find out what the best NJ sportsbook promos have to offer you and your betting needs...

Sporting Post is an independent comparison site for gambling platforms, helping readers find safe and legitimate options. We may earn a commission from some affiliate links, but this does not influence our rigorous and unbiased testing, ensuring honest recommendations and accurate information.

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Best NJ sportsbook promos compared in 2024

Ranking

New Jersey sportsbook

NJ bonus offer

Promo code

Minimum wager

Sporting Post Rating

1

DraftKings

Bet $5, Get $250

No code required

$5

5/5

2

Caesars Sportsbook

$1,000 First-Bet Bonus

SPOST1000

$10

5/5

3

BetMGM

$1,500 First-Bet Bonus

No code required

$10

5/5

4

bet365

Bet $5, Get $200

No code required

$5

4/5

5

BetRivers

$100 Second Chance Bonus

No code required

None (deposit required)

4/5

6

FanDuel

Bet $5, Get $200

No code required

$5

4/5

NJ sports betting promos reviewed

Here, we will discuss some of the best sportsbooks in New Jersey and their exciting promos and bonuses, focusing specifically on DraftKings, Caesars Sportsbook, BetMGM, bet365, BetRivers, and FanDuel.

1. DraftKings New Jersey bonus

First off, we downloaded and reviewed the DraftKings New Jersey promo and believe it to be one of the best bonuses on our list.

As one of the industry's leading sportsbooks in the US, DraftKings offers users a variety of user-centric features like quick withdrawals, competitive bonuses, and an intuitive interface.

Here is what we found out about the DraftKings bonus and promo offer...

draftkings bonus info

Welcome bonus 💰

Bet $5, Get $200

Minimum wager deposit 💵

$5 wager

Promo code 🎫

No code required

Wager terms 📄

Cannot redeem bonus bets as cash. Bonus bets are received regardless of bet outcome. Bonus bets are awarded within 72 hours. Bonus bets are eight individual $25 bonus bets. Bet can be placed on any sports market. Offer valid until 18 August 2024.

Bonus expiry date 📅

7 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

By placing a minimum bet of $5, winning bets will receive $200 in bonus bets within 72 hours of winning. You will also receive you winnings and be able to withdraw these in cash but not the bonus bets.

If you place a bet with this bonus and lose your bet, you will still be awarded $200 in bonus bets despite losing. You will, of course, lose your initial wager.

Why choose the DraftKings bonus offer?

We believe this is a fantastic offer for bettors of all experiences. It is a low wagering requirement, partnered with a high reward in bonus bets, making it worth anyone's time and money. Newcomers can easily boost their DraftKings account balance by placing a low bet, so for us, it is a great offer, which is why we love DraftKings.

DraftKings promo pros and cons

Pros
  • ✅ Low initial wager deposit of $5 required to qualify for the bonus bets
  • ✅ DraftKings bonus bets are awarded despite the outcome of your bet
Cons
  • ❌ DraftKings bonus bet rules state that the $200 worth of bonus bets cannot be redeemed or withdrawn as cash
  • ❌ Compared to other bonus offers, the welcome offer is a little lower, despite a low initial wager requirement

Take a look over our comprehensive DraftKings review, where we discuss in-depth their best and worst features...

How to sign up to the bonus offer

  1. Register yourself with the DraftKings app - this will require you to enter some personal information and confirm your identity.

  2. Make an initial deposit of at least $5 into your DraftKings account, which is required of all new DraftKings customers.

  3. Choose any sports market and wager your $5 to fulfil the bonus terms and conditions. Then wait to see the outcome of your bet!

2. Caesars bonus NJ

The Caesars NJ promo is the perfect offer to right your wrongs because even if you lose your first bet, you will get another chance to win it back!

Do not forget to take advantage of our unique Caesars promo code NJ for access to this great bonus bet.

caesars
caesars

Caesars Sportsbook is one of the most widely recognized sports betting apps and holds a firm commitment to user satisfaction with its fantastic sports selection, market diversity, and great live streaming service, helping you make the right bets.

After reviewing the Caesars Sportsbook bonus and promo offer, here is what we found...

caesars sportsbook bonus info

Welcome bonus 💰

$1,000 First-Bet Insurance

Minimum wager deposit 💵

$10 wager

Promo code 🎫

SPOST1000

Wager terms 📄

You must redeem the promo code SPOST1000 during registration. Cannot redeem bonus bets as cash. Bonus bets are only received if the first bet loses. Caesars bonus bets cannot be split into smaller betting totals. Bonus bet amount will not be included in any winnings. First bets must be made within 30 days of opening your Caesars Sportsbook account.

Bonus expiry date 📅

14 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

After redeeming the Caesars promo code SPOST1000 and wagering your first bet with a minimum of $10, winning bets do not receive the $1,000 worth of bonus bets because it is only if you lose your first bet. You will be able to keep any winnings you make, plus your stake, if the first bet wins.

If your first bet loses then you will receive up to $1,000 worth of bonus bets, as per the promo code terms and conditions. Only losing bets will receive the bonus bets.

Why choose the Caesars Sportsbook bonus offer?

Compared to other sportsbook promos, we think this is one of the best. It gives customers a chance to double their chances and potentially win up to $1,000 in bonus bets to place on another bet and win big. Whilst Caesars require a larger minimum wager deposit than its competitors, this offer is definitely worth it in our view because of its potential to pay off even if you lose the first bet.

Caesars Sportsbook promo pros and cons

Pros
  • ✅ Newcomers to Caesars will be guaranteed a second chance to win through their generous First-Bet Insurance bonus offer
  • ✅ Only $10 minimum wager is needed to qualify for the bet, which if lost, means the customer is guaranteed up to $1,000 of bonus bets
Cons
  • ❌ The customer will only receive the bonus bet offer if their first bet loses
  • ❌ Caesars bonus bets rules state it cannot be split into smaller sums and must be placed all on one bet

Read up more with our detailed Caesars Sportsbook review and see how this platform can serve your sports betting needs...

How to sign up to the bonus offer

  1. Sign up to the Caesars Sportsbook app or site and enter the promo code SPOST1000, as well as providing your personal information.

  2. Deposit at least $10 and wager a minimum of $10 on your first bet - this can be on any sports market.

  3. Wait for your bet to be settled but remember that only losing bets will receive up to $1,000 of bonus bets.

3. BetMGM bonus NJ

If you are looking for a larger first-bet insurance bonus offer, then take a read of the BetMGM New Jersey promo and see if it fits your betting needs...

BetMGM is a well-renowned sportsbook within the sports betting industry, offering their customers an exceptional mobile betting experience with the opportunity to personalize their features too.

Here is what we learned about the BetMGM bonus and promo offer from our research...

BetMGM bonus info

Welcome bonus 💰

$1,500 First-Bet Insurance

Minimum wager deposit 💵

$10 wager

Promo code 🎫

No code needed

Wager terms 📄

Losing bets of $49 or less will receive one single bonus bet of equivalence. Losing bets of $50 up to $1,500 will receive five individual bets worth 20% each of the total sum. Bonus bets will be received within 24 hours of the losing bet. Bonus is not paid out with winnings. Bonus bet valid until 31 December 2024.

Bonus expiry date 📅

7 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

If your first bet wins, you will not receive the $1,500 worth of bonus bets. Only first losing bets receive the bonus offer. You will be able to keep any winnings you make, plus your stake, if the first bet wins, however.

If your first bet loses then you will receive up to $1,500 worth of bonus bets, as per the promo code terms and conditions. Depending on the amount initially staked, you will receive either one or five bets - please refer to the table above for more information. Only losing bets will receive the bonus bets.

Why choose the BetMGM bonus offer?

In our opinion, the BetMGM promo offer is great for customers, offering them a second chance to win if their first wager loses. We also like the five individual bets feature (subject to T&Cs), which allows bettors to spread their bonus bets over multiple bets and markets - something other sportsbooks do not offer. Anyone thinking of selecting the BetMGM bonus will not be disappointed, despite losing your first bet!

BetMGM promo pros and cons

Pros
  • ✅ As bonus bets go, the BetMGM bonus is one of the highest on offer and rewards customers handsomely up to $1,500
  • ✅ If you qualify for the five individual bonus bets (see table above), it gives you a chance to spread bets over different markets
Cons
  • ❌ The customer will only receive the bonus bet offer if their first bet loses
  • ❌ Upon receiving the bonus bet, customers will only have seven days to use their bonus bets before they expire

Read up more with our in-depth BetMGM review to see how this sportsbook can best serve your sports betting needs...

How to sign up to the bonus offer

  1. Sign up to the BetMGM sportsbook app or site and enter your personal details to complete registration.

  2. Deposit at least $10 to place a minimum wager of $10 on any sports market.

  3. Wait for your bet to be settled and if your first bet loses, you will qualify for the bet bonus and receive up to $1,500.

4. bet365 NJ promo

Similar to other offers, the bet365 NJ bonus rewards winning bets, as well as providing an excellent market selection for you to choose from!

bet365 is a name many sports bettors will be familiar with and is a great sportsbook for market selection, giving customers extensive coverage and multiple betting options.

We looked into the bet365 bonus and promo offer to see whether it can benefit new customers...

bet365 offers its customers two new signup promos: Bet $5, Get $200 and First Bet Safety Net promo. We will only be reviewing the first promo offer here but both are equally as valid.

Bet365 bonus info

Welcome bonus 💰

Bet $5, Get $200

Minimum wager deposit 💵

$5 wager

Promo code 🎫

Promo code required

Wager terms 📄

Must deposit $10 into your newly created bet365 account. First bet must be a minimum wager of $5. Odds must be -500 or greater on the first bet. No market restriction. Must place the first bet within 30 days of opening the account. Bonus bets expire after 7 days of arrival. Bonus bets can be spread across different markets and bets. Bet bonus offer valid until 30 September 2024.

Bonus expiry date 📅

7 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

After depositing at least $10 and wagering your first bet with at least $5 on any sports market of odds of -500 or greater, a winning bet will qualify for the offer and you will receive $200 in bonus bets.

If your first bet loses, you will still qualify for the offer and receive $200 in bonus bets, so long as you have kept to the terms and conditions of the promo offer.

Why choose the bet365 bonus offer?

From reviewing the bet365 bonus, we were really impressed by the bonus' flexibility when it came to its terms and conditions. Once you have qualified for the bonus bets from such a low initial wager, you are able to split the $200 worth of bonus bets across multiple bets and varying markets. This is unlike other sportsbooks that keep tight gambling restrictions on their bonus bets. Therefore, we would highly recommend the bet365 promo to any new customers!

bet365 promo pros and cons

Pros
  • ✅ The bet365 signup bonus guarantees players $200 bonus regardless of the outcome
  • ✅ The initial deposit of $5 is half that of some other bonus and promo offers in the state
Cons
  • ❌ Any bet credits are not included within your returns if you win
  • ❌ Unlike other sportsbooks, the odds must be -500 or greater when placing this first qualifying bet
  • ❌ bet365 bonus bets expiration date is only 7 days after winning your first bet, much shorter than other sports betting sites in the state

Learn more with our bet365 review which shares real user opinions and offers a balanced view on the sportsbook...

How to sign up to the bonus offer

  1. Register with the bet365 sportsbook through their sign-up page - you can click 'PLAY NOW' below to get started!

  2. Once signed up, use a bet365 promo code to access the offer and deposit at least $10 into your account balance.

  3. Place your first bet, a minimum wager of $5 on odds -500 or greater. Understand sports betting odds and how to bet with our sports betting guide.

  4. Wait for your bet to settle and you will receive $200 worth of bonus bets into your betting account.

5. BetRivers NJ promo

The BetRivers New Jersey promo offers residents of NJ a fantastic opportunity if you are looking for a sign-up bonus bet that does not ask for a minimum wager.

BetRivers' sportsbook provides customers with some of the best live betting experiences around and is a leader within its industry.

Customers can expect easy access to streaming services and real-time updated odds, demonstrating their unwavering dedication to the user experience.

We reviewed the BetRivers welcome bonus, here is what we found...

BetRivers bonus info

Welcome bonus 💰

$100 Second Chance Bonus Bets

Minimum wager deposit 💵

No minimum wager (must deposit minimum $10 into BetRivers account)

Promo code 🎫

Promo code required

Wager terms 📄

Must deposit minimum $10 into account. First bet must lose to redeem bonus bet. Second-chance bonus bets only cover up to $100 of initial losing wager. BetRivers promo code must be used. First bet odds must be -200 or longer. Bonus bets are received within 24 hours of the settled bet. Bonus bets must be used within 30 days of receiving it.

Bonus expiry date 📅

30 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

After depositing at least $10 into your BetRivers account and adhering to the odds terms and conditions, winning bets will not qualify for the bonus bets. Only losing bets qualify.

If your first bet loses, you will qualify for the bonus bet up to $100 of your initial wager. You will receive the bonus bets within 24 hours of the bet being settled.

Why choose the BetRivers bonus offer?

From reviewing the BetRivers promo offer, we think it is fantastic value for new customers with low investment and a second chance to win if your first bet does not win. It shows, once again, that BetRivers are prioritizing their new customers and easing them into sports betting. Plus, it only requires a small minimum deposit of $10, so we think this is definitely worth the time and effort.

BetRivers promo pros and cons

Pros
  • ✅ Bettors will get a second chance to win with the bonus bet qualifying if your first bet loses
  • ✅ BetRivers do not restrict the bonus bet to specific markets. It can be applied to any sports market
Cons
  • ❌ The bonus bet does have odds restrictions of -200 or longer
  • ❌ BetRivers signup bonus bet cannot be withdrawn as cash

How to sign up to the bonus offer

  1. Sign up to BetRivers and enter some personal details - you can click 'PLAY NOW' below to start betting.

  2. Deposit at least $10 into your account and use a BetRivers promo code to activate the bonus bet offer.

  3. Place your first wager and wait for the bet to settle. If the bet loses, you will qualify for the bonus bet of up to $100.

6. FanDuel New Jersey bonus

Finally, we have the FanDuel NJ promo - one of the most generous bonuses for winning bets, so take a look if you are a confident gambler...

With a fantastic promo and bonus selection for customers, it is unsurprising that we are recommending the FanDuel bonus bet offer for you.

Users can receive tailored offers based on the state they are in. After researching their promo offer, here is what we found out...

FanDuel bonus info

Welcome bonus 💰

Bet $5, Get $200

Minimum wager deposit 💵

$5 wager

Promo code 🎫

No code needed

Wager terms 📄

Your first bet must be a minimum of $5. You must download and bet through the FanDuel betting app. The first bet must win in order to qualify for the $200 bonus bet. The bonus bet will be deposited within 72 hours of the winning bet. The bonus bet can be split into multiple wagers and placed in multiple markets.

Bonus expiry date 📅

7 days after receiving your bonus bets

Last verified ✅

November 2024

Bet outcomes

Qualifying bet wins

Qualifying bet loses

If your first bet wins with a minimum wager of $5, then you will receive $200 bonus bets.

If your first bet loses, you will not qualify for the $200 bonus bet offer. You must win to qualify.

Why choose the FanDuel bonus offer?

We rate the FanDuel betting app highly and think this bonus bet offer is great for newcomers of the sportsbook. Whilst it may not be the most generous of bonus bets, it demands one of the lowest initial wagers and rewards success through only receiving the bonus if your first bet wins. It is for these reasons that we highly endorse this bonus offer and sportsbook to our readers!

FanDuel promo pros and cons

Pros
  • ✅ New customers must only wager a minimum of $5 on their first bet, one of the lowest initial wagers of sportsbooks in the state
  • ✅ The bonus bets FanDuel offers can be divided into multiple bets and placed on multiple markets, unlike other sports betting sites
Cons
  • ❌ Upon receiving the bonus bet, customers will only have seven days to use their bonus bets before they expire
  • ❌ Bonus bets cannot be cashed out

Learn more with our expert FanDuel review to see how this sportsbook can best serve your sports betting needs...

How to sign up to the bonus offer

  1. Sign up to the FanDuel betting app and enter your personal details.

  2. Deposit at least $5 and place a minimum wager of $5 on any market.

  3. Wait until your bet has settled and if you have won, you will receive the $200 bonus bet with 72 hours.

How we rate & rank New Jersey sportsbook promos

Our team aims to provide you with unbiased, objective promo reviews, so you understand their strengths and weaknesses.

We always use a set of eight criteria to evaluate each promo offer, which means you can compare them easily and effectively:

  1. Type of promo: We prioritize promotions that appeal broadly, enhancing user engagement with offers suited to different betting styles.

  2. Promo value: We assess the value for money, ensuring bettors receive substantial rewards and maximum returns from participating in promotions.

  3. Customer support: We test the effectiveness of customer support, focusing on resolving promo-related issues quickly and building user trust.

  4. Promo expiry date: We evaluate the timeframe allowed for using promos, ensuring bettors have ample time to make the most of their bonuses.

  5. Wager T&Cs: We review wagering terms and conditions to ensure they are fair and transparent, allowing bettors to fully enjoy their rewards.

  6. Sportsbook experience: We assess the overall online sportsbook experience, ensuring users can easily navigate and claim promotions across both web and sports betting app platforms.

  7. Minimum bet deposit: We verify the accessibility of promos by checking for low minimum bet deposits, making them available to more bettors.

  8. Betting site security: We ensure top-tier security measures are in place, protecting bettors’ data and finances when engaging with promotions.

We download each US sports betting site and interact with the promo offers, using our own money to test the quality.

If we do not recommend the promo to our friends and family, we will not recommend it to you!

You can view all of our top sportsbook promo offer reviews here.

How do I choose the best NJ sports betting bonus?

  • Understand the Terms and Conditions: Carefully read the terms to ensure you're aware of any wagering requirements, minimum odds, or time limits that could impact the value of the promotion.

  • Compare the Bonus Amounts: Balance the bonus size against the wagering requirements to ensure you’re getting the best value for your initial deposit and betting habits.

  • Look at the Expiry Dates: Make sure the promo’s expiry date aligns with your betting style, allowing you enough time to meet the conditions without rushing.

  • Evaluate the Sports Coverage and Markets: Ensure the offer applies to your preferred sports and markets, providing flexibility and maximizing your chances of utilizing the promotion effectively.

  • Check the Reputation of the Sportsbook: Choose a licensed sportsbook with a strong reputation for payouts, customer service, and user experience to ensure a secure betting environment.

All New Jersey sports betting promos

New Jersey sportsbook

NJ promo code

Welcome bonus offer

Caesars Sportsbook NJ

SPOST1000

$1,000 first bet on Caesars

BetMGM Sportsbook NJ

No code required

Up to $1,500 in bonus bets

DraftKings Sportsbook NJ

No code required

Bet $5, get $250 in bonus bets

bet365 NJ

No code required

Bet $5, get $200 in bonus bets or $1,000 first bet

Fanatics Sportsbook NJ

No code required

Up to $1,000 in bonus bets

FanDuel Sportsbook NJ

No code required

Bet $5, win $150 in bonus bets

BetRivers NJ

No code required

$100 second chance bet

ESPN BET NJ

No code required

Up to $1,500 in bonuses

BetPARX NJ

No code required

100% deposit match up to $750

Borgata NJ

No code required

$20 on the house + 100% deposit match

Golden Nugget Sportsbook NJ

No code required

No sports welcome offer

Hard Rock Bet NJ

No code required

Up to $100 back

Prime Sportsbook NJ

No code required

Up To $1500 in bonus bets back if your first bet does not win

How to bet responsibly in New Jersey

Although knowing your sports helps, betting is primarily luck-based, so use these top tips to practice responsible gambling when placing a bet:

  • Limits: Legal betting sites allow you to set betting limits, i.e. limit how much you can bet in a day, a week, or a month.

  • Cashouts: You can withdraw your winnings quite easily from any secure bookmaker, which prevents you from spending all of your winnings.

  • Help & Resources: Regulated sportsbooks provide access to resources for problem gamblers and point them to organizations that can help with gambling addiction.

To help with gambling, we created a 'How To Bet On Sports' guide, that helps new sports bettors understand the industry better, to play safer and more securely.

Problem gambling organizations and charities

Organization

Contact details

OASAS

Freephone 24-7 Helpline: 1-877-8-HOPENY(467369)

NCPC

Email: [email protected], Phone: 1-800-522-4700

Gambling Therapy

Email: [email protected], Phone: 020 7381 7722

VCGP

Email: [email protected], Phone: 1-888-532-3500

Frequently asked questions

What are the best NJ sportsbook promos?
Which casinos offer deposit match bonuses in NJ?
Are there any free bet offers without a deposit in NJ?
What are the current Caesars Sportsbook offers in NJ?
What are the different types of NJ sportsbook bonuses and promos?
Are sportsbook promos in New Jersey available for existing customers?
How do I claim New Jersey sports betting promos?
Which sports are good for New Jersey betting bonuses?
What terms should I know before accepting NJ betting promos or bonuses?
How are bonus bets paid out in NJ?
How long do NJ bonuses take to arrive?
How to maximize New Jersey sports betting promos?
How many sign-up bonuses can I claim in New Jersey?

Editorial policy

Our editorial policy ensures extensively researched, accurate, and unbiased content through strict sourcing standards and diligent review by top sports betting experts and seasoned editors.

This process maintains integrity, relevance, and value in all of our content for our readers.

References

To test sportsbook promo and bonus offers accurately, we dive into analytical research of the sports betting industry, to understand what features are best for you.

Below are some of the references we use when making these decisions:

Author

Bradley Gibbs
Sports betting writer with more than 12 years worth of experience writing about several sports and gambling topics. Value bet finder looking for edges on football, horse racing, tennis and golf, all of which I have covered extensively as a writer. My work has featured on many websites, while I’ve also been published in The Racing & Football Outlook, a popular UK betting newspaper.
Josh Miller
Josh Miller, Sporting Post’s Sports & Casino Editor and Writer, brings over five years of experience in feature writing, blog content, and SEO. Known for his expertise in football coverage and sports betting, Josh’s work has also been featured in VAVEL. In addition to sports, Josh writes about online casinos, offering insights into games, bonuses, and gambling trends. His ability to craft engaging, informative content makes him a trusted voice for Sporting Post readers.