Best NJ Online Sportsbook Bonuses, Promo Codes and Free Bets
Just a few months following the US supreme court’s decision to overturn PAPSA, a 23 year old law that effectively banned sports betting in all but four states, New Jersey has become a mecca for online sports betting. With eight online sportsbooks launching within a 30 day period, the competition is fierce and each sportsbook offers various bonuses, free bets and other exciting promotions in exchange for giving their software a try.
Top NJ Online Sportsbook Bonuses, Promo Codes and Free Bets
With all the options being offered, it can get overwhelming. No two promotions are created equal and each come with their own terms and conditions. It is very important to understand the different types of bonuses, whether you need a promo code, what strings are attached and how to take full advantage of each offer. Most are a one time deal, so be sure to take a look at our extensive guide to the best NJ online sportsbook bonuses, promo codes and free bets in order to optimize your “free” money.
- $500 RISK FREE BET
- Beginner Friendly
- Great Moneyline Odds
- Tons Of Betting Options
- Use Code: GRINDERS50
- Competitive Pricing
- Most Experienced Sportsbook
- Solid Mobile App
- Use Promo Code GRINDERS
- Name Your Own Bets
- Innovative PointsBetting
- Daily Promotions
- First Bet Matched up to $500
- Real Money Sports Bets
- Bet NFL, MLB, NBA, More
- Moneyline, Futures, Props, More
- Plus $100 Deposit Match Bonus
- Use Your PayPal Account
- Easy to Navigate
- Backed By FOX Sports
- $500 RISK FREE BET
- Use Code: GRINDERS
- Huge Selection of Prop Bets
- Growing Sportsbook
Sportsbook Bonus Jargon
No Deposit Bonus
For those of you that are curious about sports betting, but are not quite ready to pull out your credit card, a no deposit bonus is a dream come true. Simply register for a new sportsbook account and enter a promo code (if necessary) and the bonus amount will be added to your account.
Since nothing is truly free, a no deposit bonus will often come with a wagering requirement. A wagering requirement is how much you need to wager before money can be withdrawn, and is usually 1x, 5x, or 20x the bonus amount. Some no deposit bonuses allow you to only keep winnings and others will allow you to keep the bonus and your winnings. Bets can be made all in one shot, or can be made in several smaller bets as long as they add up to the wagering requirements.
No deposit bonuses will often be the smallest dollar amount of all the bonuses but are still an exciting and easy method to test the waters and find the right sportsbook for you.
Another popular promotion that online sportsbooks are offering is a free bet. Free bets come in many forms so be sure to check which free bet is being offered before placing you start wagering.
- Matched free bets: After a wager is placed, your bet will be matched in the form of a bonus, usually dollar for dollar on the amount of your wager. Some are instant and some can take up to 72 hours to hit your account. Some sites allow you to choose when the free bet is used, but others will only match the first bet made after signing up.
- Deposit match free bets: After a deposit is made, some sportsbooks will offer a free bet matching the amount of the initial deposit. For example, if you load $50 on the site, a one time $50 free bet will be made available to use on the bet of your choice.
- No deposit free bet: Some New Jersey sportsbooks offer a free bet just for signing up.
The most popular of all the bonuses, the deposit match bonus is pretty straight forward. When you make a deposit, the sportsbook will match the amount of your deposit up to a certain percentage. Most sportsbooks will match 100% of your first deposit up to a certain amount, but may only offer reload bonuses up to 50% or less.
These deposit bonuses can be placed in one big bet or broken up into smaller bets. In order to make these bonuses available for withdrawal, there are a few strings attached. They all come with wagering requirements ranging from 1x to 5x the deposit amount and a time limit to in which to clear the bonus, ranging from 24 hours up to one month. If the wagering requirement or time limit isn’t met, the bonus will be removed from your account.
Online sportsbooks will routinely offer “boosted odds” on select games. Often only announced a few hours before the game starts, specific bets will have better odds listed. For example, if the Sixers are listed at +150 against the Celtics, BetStars may send out an email promoting an “odds boost” and bring the line to +220. This is a popular promotion by several books on certain prop bets like the first player to score a goal or if Joel Embiid will have a triple double.
Bettors can bet more confidently knowing that a percentage of their wager will be returned if the game ends up not going their way. Some sportsbooks will offer a percent back ranging from 25% up to 100% on certain bets, meaning if you wager $100 on a 50% refund promo and it doesnt pan out, you would get $50 put back in your account.
VIP/ Loyalty Programs
Many online sportsbook offer VIP or loyalty programs that for every dollar wagered will be converted to points or tiers which can later be redeemed for cash, free rooms at their land based hotels, prizes and more. Since most online sportsbooks are also affiliated with online casinos and online poker rooms, often these tiers or rewards points can be combined with existing accounts.
If you enjoy a certain online sportsbook, why not consider getting your friends in on the action? Ranging from $25-$300, the more friends you get in on the action, the more you can stand to take in in the form of bonus money.
The Fine Print on New Jersey Sportsbook Bonuses
When taking advantage of any of the above listed bonuses, almost all are attached to a certain wagering amount. From Sugarhouse $250 1x to 888sports $500 6x deposit bonuses, each site will have their own requirements to make the bonus available to be withdrawn. For example, if you choose to deposit $500 on 888sports, they will put an additional $500 in your sportsbook account but you will have to wager at least $600 to be able to withdrawal the money to your bank account.
Wagering requirements per Site
888Sports – 6x your initial deposit up to $500 instant bonus.
Sugarhouse – 1x up to $250 instant bonus.
William Hill – Deposit and wager $50, get a $50 cash credit in your account within 72 hours.
FanDuel – 2x your initial deposit.
BetStars –Free bet up to $50 matching first bet made. Additional $50 free bets after every $150 wagered up to $450.
DraftKings – Free Bet up to $500 matching your first bet on the site.
Caesars – No bonus offered.
PlayMGM – No bonus offered.
Every site has a certain time window you have to clear the bonus before it will be forfeited. Most sites have a 30 days window, but some are a little tighter, for example William Hill has a 24 hour period to deposit from when you signed up to take advantage of their $50 free bet.
To make sure that bettors are not just betting the clear favorite, to clear bonuses on every site, there is a minimum odds of -200. All bets that dont meet this requirement will not be counted towards clearing the bonus.
Understanding what bonus fits your betting style is the key to taking full advantage of these generous promotions. If you are a first time sports bettor, a $10 free bet may be perfect chance to get your feet wet. If you are a seasoned veteran who likes to keep the action rolling, one of the larger deposit bonuses may help to give you the edge you need. Be sure to take a look at the Rotogrinders individual online sportsbook summaries where we take all the guesswork out, and give you all the information you need to quickly and easily be on your way.