TOP NJ SPORTSBOOK PROMOS & BONUSES (NEW JERSEY)

1. What Type of Sportsbook Promos are Available in New Jersey?

New Jersey is home to a variety of sportsbook promos which come in all sorts of exciting shapes and sizes. These include:

1. Free Bets: One of the most common types of welcome bonuses used by New Jersey sportsbooks, free bets are given as bonus site credit once you have placed a bet. E.g. 'Bet $5 get a $150 free bet’.
   
   Also Known As: Bonus bets, "bet x get x" offers, free plays, bonus credits.
   
   
   
2. Risk Free Bets: With risk-free bets, the sportsbook refunds your stake if your bet loses (usually in the form of a free bet). E.g. a sportsbook offers a $50 risk free bet, if you wager $50 and win, you take the winnings. If you lose, you are refunded your $50.
   
   Also Known As: No sweat bets, second chance bets, first bet insurance.
   
   
   
3. No Deposit Bonuses: As the name suggests, no deposit bonuses don't require a deposit to be gifted. E.g. with a $300 no deposit bonus, after you sign up the sportsbook will immediately fund your account with $300 (usually in free bets). 
   
   Also known As: No deposit cash.
   
   
   
4. Deposit Bonuses: With a deposit bonus, the sportsbook will offer an additional percentage bonus on top of your initial deposit amount. E.g. if the offer is a 50% deposit bonus and you deposit $100, the sportsbook will offer you an extra $50. 
   
   Also Known As: Deposit matches.
   
   
5. Reload Offers: Reload offers are promos offered to existing sportsbook customers, long after they've signed up. Coming in many forms, from bonus bets to enhanced odds, these offers provide continued value for bettors.
   
   Also Known As: Reload bonuses, ongoing offers.
   
   
   
6. Profit Boosts: Profit boosts provide a percentage increase to a person’s profits on a wager should they win. For example, if the sportsbook adds a 50% profit boost to a game and you earn $100 profit from it, the sportsbook will up your profit to $150. 
   
   Also Known As: Cash boosts.
   
   
   
7. Odds Boosts: With odds boosts, the sportsbook enhances the odds on a certain bet (usually a prop bet). This enables bettors to earn higher winnings from the same stake.
   
   Also Known As: Enhanced odds, price boosts. 

2. Which Sportsbooks in New Jersey Offer Promos?

New Jersey has around 25 sportsbooks and betting apps sports bettors can use, several of which offer incentives to new and existing customers. Some of these include:

1. DraftKings Sportsbook
   
   
2. FanDuel
   
   
3. BetMGM
   
   
4. Caesars Sportsbook
   
   
5. ESPN Bet
   
   
6. Bet365
   
   
7. Hard Rock Bet
   
   
8. Fanatics
   
   
9. BetRivers
   
   
   
   
   

3. When was Sports Betting Legalized in New Jersey?

Sports betting was legalized in New Jersey on June 11, 2018. This significant change came about when Governor Phil Murphy signed Assembly Bill 4111 into law, permitting sports betting at the state’s casinos and racetracks.

The legalization followed a protracted legal battle that began in 2011 when New Jersey voters approved a referendum to allow sports betting. Major sports leagues opposed the move, leading to numerous legal challenges. However, the persistence paid off when the U.S. Supreme Court ruled in favor of New Jersey, striking down the Professional and Amateur Sports Protection Act (PASPA) as unconstitutional. This landmark ruling not only allowed New Jersey to legalize sports betting but also paved the way for other states to regulate and permit sports betting within their jurisdictions.

Governor Murphy hailed the decision as a long-awaited victory, stating, "Today, we're finally making the dream of legalized sports betting a reality for New Jersey." This development has significantly impacted New Jersey's gambling industry, positioning it as a key contributor to the state's economy.

With FanDuel, DraftKings and BetRivers live in the state, the question is: "Which future NJ sportsbooks will the Garden State welcome next?".

4. Who Can Access New Jersey Sportsbook Promos?

Anyone located within the state borders of New Jersey can access and earn money from New Jersey's sportsbook promos. It's important to note that you don't have to be a New Jersey resident to claim these promos. You could be there on vacation or you could visit solely to access New Jersey’s many sportsbook promo offers.

This rule applies to all U.S. states in which online sports betting is legal. As long as you are physically located within New Jersey or another eligible state at the time, you can take advantage of the promotions and bonus bets on offer.

5. Which States Close to New Jersey Have Sportsbook Promos?

The following states, which are close to New Jersey, also offer sportsbook promos which you can make use of by visiting:

1. Pennsylvania: Pennsylvania legalized online sports betting in 2019 and has a range of sportsbook operators offering promotions.
   
   
   
2. New York: Online sports betting launched in New York in Jan 2022, which means that you can bet online from anywhere in the state.
   
   
   
3. Delaware: Although relatively new to the online sports betting world, Delaware has limited options but there are still sportsbook promos on offer.
   
   
   
4. Connecticut: Connecticut also recently legalized sports betting, and has similar online betting options 
   
   
   
5. Rhode Island: Rhode Island offers online sports betting through the state lottery, and promotions are available to enhance the betting experience.

6. What are New Jersey Sportsbook Promo T&Cs?

When participating in NJ sportsbook promotions, it's important to read and understand all associated terms and conditions (T&Cs). Here are 10 common T&Cs you might see:

1. Minimum Deposit Requirements: Some promos may require a minimum deposit to be eligible.
   
   
2. Wagering Requirements: Promos may have wagering requirements that specify how many times you need to wager the bonus amount before you can withdraw winnings.
   
   
3. Expiry Dates: Promotions often have an expiration date, after which they can no longer be claimed.
   
   
4. Eligible Sports or Events: Some promos may be limited to specific sports or events.
   
   
5. Maximum Bet Limits: There may be restrictions on the maximum amount you can bet using the promo.
   
   
6. Restricted Payment Methods: Some payment methods may be excluded from qualifying for certain promotions.
   
   
7. Promo Codes: Some promos require the use of a promo code during the registration or deposit process.
   
   
8. One-Time Use: Some promos may be limited to one-time use per account or household.
   
   
9. Country or State Restrictions: Promos may only be available to residents of certain states or districts.
   
   
10. Voiding of Promo: Failure to meet the T&Cs may result in the voiding of the promo and any associated winnings.

7. What Sports Betting Resources are Popular in New Jersey?

In New Jersey, several popular resources such as websites and media outlets provide sports betting news and advice. Some of the most popular include:

• NJ.com: NJ.com covers all aspects of sports betting in New Jersey, including news, analysis, and promotions.

• Division of Gaming Enforcement (DGE): A law enforcement agency and the investigative arm of the casino regulatory system responsible for enforcing the Casino Control Act.

•  PlayPicks: PlayPicks provides expert picks, odds, and strategy guides for sports betting enthusiasts.
  
  
• iGamingBusiness: All the latest gambling regulation and sports betting news, analysis and data for New Jersey. 
  
  
• TheLines: TheLines is a comprehensive source of news, odds, and analysis for sports bettors in New Jersey and other legal betting states.
  
  
• ProfitDuel: The US's number 1 resource for finding, ranking and helping convert sportsbook promos into guaranteed cash, every New Jersey-based sports bettor can benefit from ProfitDuel's industry-leading software. 

8. How Do We Rate and Review New Jersey Promos & Bonuses?

Our team of sports betting experts have racked up decades of experience sourcing and converting sportsbook promos across the US and Europe. Using their industry know-how and the latest promo comparison software, they analyze, rate and rank the top bonuses in each state so you don't have to.

Six of the most important factors they consider when rating promos are: 

• Maximum Bonus Value: While higher amounts are appealing, bigger isn't always better, as larger bonuses can be more difficult to obtain.
  
  
• Personal Investment: Most bonuses require a minimum deposit or wager to activate.
  
  
• Ease Of Use: In most cases bonuses are pretty easy to claim - often requiring a small deposit to unlock. However, some promos have slightly more complex rules.
  
  
• Playthrough Requirements & Odds Restrictions: Typically, bonuses cannot be immediately withdrawn as cash; you must wager the bonus amount a certain number of times first.
  
  
• Bonus Expiry Date: It's important to know how long you have to use the bonus funds and whether that timeframe is sufficient.
  
  
• Additional Perks: Some bonuses include extra rewards points or bonus spins at the sportsbook's casino.

However, whilst we'll do everything possible to share with you the best sportsbook promos in your state every month, it's important to also remember the risks that can come with these bonuses. 

9. Are There Any Risks Attached to Sportsbook Promos in New Jersey?

While claiming sportsbook promos can be a great way to maximize your betting profits in New Jersey, it's crucial to be aware of their potential risks.

Four of the most notable risks attached to promo offers are: 

• No Guaranteed Winnings: Whether it's a $150 free bet, a $1,000 risk free bet or a 50% deposit bonus, if you place your bonus credit on a losing bet you will still come away with no more cash than when you started.  
  
  
• Risk of Losing Money: One of the most common ways bettors lose money through promos is through risk free bets. Let's say you're gifted a $500 risk free bet and you place your $500 on the losing side of a game, you won't be refunded with $500 of withdrawable cash, but instead $500 of site credit (often in the form of a free bet). Place this free bet on the losing side and you've just lost $500 to the sportsbook. 
  
  
• Limited Number of Sign-Up Bonuses: While sign-up bonuses can be generous, you can only ever receive one sign-up bonus from each sportsbook (when you first create an account). This means that there's only a set number of sign-up bonuses available to each user. As a result, relying purely on these may not be a sustainable long-term plan.
  
  
• Misuse of Promos: Certain promos have more complex rules and often hidden T&Cs. As a result, if you go into them without proper guidance and support you can risk reducing the amount of overall profit you earn, or worse, lose money.

But it isn't all doom and gloom. There is one way you can guarantee profits from sportsbook promos risk-free, every time.

Sound too good to be true? Read the next section. 

10. How to Guarantee Profit from Sportsbook Promos & Bonuses

While it's true risks can arise when claiming sportsbook promos, one clever technique exists that can remove them and guarantee you profits from promos every time.

Promo conversion (A.K.A matched betting), is a fully legal, super simple (with the right platform) method of turning sportsbook promos into guaranteed cash.

Simply put, it involves betting on one side of a game to qualify for a sportsbook promo, then betting on the other side to cover both outcomes and remove the risk. Repeat this process using your new promo and voila! You've locked in a guaranteed profit. 

And while this sounds simple on paper, to earn serious monthly profits with this technique you need rapid odds-matching software, an up-to-date promo database and tailored instructions for converting each offer at your disposal. 

That's where we come in.

At ProfitDuel we have over 10 years' experience in the matched betting industry. In that time we've provided the software, strategies and one-to-one support to help 500,000+ members in the US & Europe earn guaranteed profits in the $1,000s each month. 

To learn how you could join them, read the 5 simple steps in our free guide to converting sportsbook promos. Done that and want to try promo conversion yourself? Sign up to ProfitDuel with our limited time offer: 50% off your first month of ProfitDuel!