DraftKings Sportsbook Review and Promo Code
- Features "Cash Out" Betting
- Great Mobile App
- Bet Sports and Play DFS
Available in the following states:
DraftKings is a legal, fully licensed online sportsbook in New Jersey that launched August 6th, 2018 making it the first in New Jersey. DraftKings takes real money online wagers through their agreement with Resorts Casino in Atlantic City.
DraftKings Sportsbook New Jersey Free Bet Bonus
|Promo Code||No Promo Code Needed|
|Deposit Bonus||100% Deposit Match Bet Up To $500|
|AC Partner||Resorts AC|
DraftKings is offering a free bet bonus of up to $500 for new sportsbook customers. No bonus code is necessary, you are automatically enrolled as soon as you create a DraftKings Sportsbook account.
The DraftKings Sportsbook New Jersey bet match is a one-time bonus that only applies to your first real money wager. Having DraftKings fantasy sports account does not disqualify you from this offer. In fact, no deposit is necessary if you already have money in your fantasy sports account. If you are a new customer, you have 30 days to claim the offer from the time you create your new account.
Once you’re all setup and make your bet, only the winnings from the bet can be withdrawn, not the betting amount. For example, if your free bet is $100, and the odds say you will win $250, you will only receive $150.
Deposits and Withdrawal
Make a deposit now on DraftKings New Jersey Sportsbook to claim your free $500 bet!
Visa/Mastercard – Conveniently use your Visa or Mastercard to fund your account. Some banks still block online gaming transactions or charge a fee, so contact your bank for more information.
ACH/Echeck – Securely and conveniently link your bank account using your account and routing number.
PayPal – Safely and securely use the most popular E-wallet in the world to transfer funds to your account
Skrill – Use this popular E-wallet to fund your account using your choice of 40 different currencies. This is a great option for international users visiting New Jersey.
Cash at Resorts Cage – Simply request the cash to be sent to the cage and once approved, just bring your state issued ID to pick up your cash.
Check – Request a check to be sent to the verified address on your DraftKings account.
Geolocation technology uses your phones GPS, IP address, and available Wi-Fi networks to verify that you are physically located in New Jersey. Geolocation is constantly monitoring the available Wi-Fi networks to triangulate your location.
DraftKings will only allow you view the homepage and your account if you are physically located in New Jersey.
If you need support, just scroll to the bottom of the page and click on “Contact Us” and this will take you to a page with all available options. The options below can be utilized 24 hours a day, and seven days a week.
Send A Message – Simply fill out the form and DraftKings will send you an email response.
Live Chat – Live chat isn’t immediately available on this page, but after you are on the contact us page for about 10-15 seconds a pop up will appear on the bottom right corner. Just type in your message and a live agent will answer all your questions.
Email – You can also send DraftKings an email directly to Sportsbook@draftkings.com.
Phone – A link on the “Contact Us” page to fill out a form and receive a call back from a customer support specialist.
Bets Offered at DraftKings New jersey Online Sportsbook and Mobile App
DraftKings is taking real money online wagers on all the major sports as low as $0.10. All the standard bets including single game bets, parlays up to 12 bets combined, round robin parlays (multiple parlays on one ticket) and teasers. Odds can easily be changed to three different formats, American (+143, -150) Decimal (1.20, 3.50) or Fractional (10/1, 9/5). It’s important to note that bets cannot be placed on games taking place in New Jersey or schools based in New Jersey according to New Jersey law.
Bets can be made on the typical point spreads, money lines and totals bets. The most exciting and innovative feature is Live in game betting. Live in game betting allows users to place bets as the action happens. This exciting feature allows you to place bets on every pitch, every down, or every point and the odds are constantly updating in real time. The cash out feature allows bettors to “cash out” their bet before the outcome is decided using the odds displayed in the live-in gaming betting.
DraftKings is available through IOS and android apps or their desktop version. The desktop version allows users to easily switch between DFS and sportsbook and shares balances across both platforms.
DraftKings layout is very user friendly and allows both sports betting veterans and rookies alike to easily find what they are looking for. Popular games are listed on the top of the screen with a drop-down menu to find any and all sports listed A-Z. Above this, a link to your active bets and live in game betting options, with a live betting slip prominently displayed on the right for an easy summary of wagers and potential payouts.
Sports Offered at Draftkings NJ Sportsbook
Baseball: MLB, College
Basketball: NBA, College, FIBA, International Play
Football: NFL, College
Hockey: NHL, College
Soccer: MLS, and a huge variety of international leagues including Champions League, La Liga, Europa etc.
DraftKings Company Information
Three years after rival FanDuel launched its daily fantasy sports site, DraftKings was born in Boston by three former VistaPrint employees and quickly raised over $1.4 million in funding. The very next year DraftKings received more funding from Major League Baseball, an industry first, and an additional $24 million from other big-name investors. DraftKings quickly rose to the number two DFS company in the United States. By 2014, DraftKings reported 50,000 active daily users and after acquiring rival DraftStreet, further increasing its user base by an additional 50%.
In 2015, DraftKings signed deals with the NHL and MLB and an advertising deal with ESPN worth $250 million followed by $300 million funding deal from Fox Sports, the Kraft Group and other investors.
With DFS sitting in a grey legal area, ESPN backed out of their funding deal due to legal uncertainties. DraftKings was also subject to many legal issues ranging from its marketing strategies to questions if the entire DFS industry is even legal in the first place. This eventually led to a $1.3 million payment to the Massachusetts attorney general’s office.
In 2017 DraftKings and FanDuel announced their intention to merge the two DFS superpowers. The FTC ended up blocking the deal stating that the merger would cause a monopoly in the industry. Between the two companies, they control over 90% of the market.
In 2018, the Supreme Court declared the Professional and Amateur Sports Protection Act unconstitutional which opened the floodgates for states to legalize Vegas style sports betting in any state that chooses to regulate the industry. New Jersey jumped on the opportunity and DraftKings was the first legal online sportsbook in the state launching in August 2018, almost a month before anyone else. DraftKings is able to offer online sports betting through their agreement with Resorts Casino in Atlantic City.
Draftkings NJ Sportsbook FAQs
Who can place bets on DraftKings?
Anyone who is 21 years of age or older and is physically located in New Jersey.
Do I have to be a New Jersey resident to place bets on DraftKings?
No. You just have to be physically located in New Jersey at the time the bet is placed.
I have a DFS account with DraftKings, can I use those funds to place sports bets?
Yes! The DFS and sportsbooks funds are shared across both sites.
How can I withdrawal funds from my account?
You can request funds be sent to your house via a paper check or cash at the Resorts Cage in Atlantic City.
What can I do if I have a gambling problem or just need a break?
There are several options for “Responsible Gaming” including self-exclusion, limiting deposits, time limits or temporary self-suspension. You can also seek help by calling 1-800-GAMBLER.