Author:
Simon PilkingtonSimon Pilkington avatar
Checked by:
Andy ScottAndy  Scott avatar
Updated:
Oct 9, 2024

New Jersey bettors have a variety of the best sign up bonuses to take advantage of when getting started with a new sports betting site. Choosing the right promotional offer can be very rewarding, allowing you to maximize the value from your initial deposit. 

This guide breaks down the best sportsbook sign up bonuses in New Jersey that are currently available to new players. Whether you prefer a high match deposit bonus, free bet bonus, or a risk-free first bet, we outline which sportsbooks offer the best opportunities and offers. We'll start by walking you through New Jersey's best sportsbook sign-up bonuses.

List of Sportsbooks with the Best Sign Up Bonuses in New Jersey 2024

Best Sportsbook Sign-up Bonuses for New Jersey Players 2024

  1. Logo of BetMGM Sportsbook New Jersey
    1
    BetMGM Sportsbook

    First Bet Offer - Get Up To $1,500 Paid Back In Bonus Funds!

  2. The logo of FanDuel Sportsbook New Jersey
    2
    FanDuel Sportsbook

    Bet $5 Get $200 in Bonus Bets

  3. The logo of the New Jersey sportsbook Bet365
    3
    bet365 Sportsbook

    First Bet Safety Net up to $1,000

  4. The logo of Caesars Sportsbook New Jersey
    4
    Caesars Sportsbook

    Get Up To $1,000 Back in Bonus Bets - First Bet Offer

  5. The logo of BetRivers sportsbook New Jersey
    5
    BetRivers Sportsbook

    Second Chance Offer - Up To $250 Back As Bonus Bets If Your First Real-Money Wager Loses

  6. The logo for the New Jersey sportsbook, Borgata
    6
    Borgata Sportsbook

    Bet $20 Get $20 in Bonus Bets + 100% Deposit Match up to $1,000 in Bonus Bets

  7. The logo for New Jersey sportsbook Draft Kings
    7
    DraftKings Sportsbook

    Bet $5 Get $200 In Bonus Bet Credits!

New Jersey has become a hotbed for legal sports betting, with many of the top sportsbooks competing for new players with generous sign up bonuses. We've compiled rankings of the best current welcome bonuses based on their monetary value, flexibility across player types, and fair terms and conditions.

Compare Betting Sites with the Best Sign-up Bonuses in New Jersey

Use our handy comparison tool to easily view and compare the betting sign up bonus offers at New Jersey's betting brands. Filter and sort them based on your preferences to identify the ideal bonus offer for you.

The logo of the New Jersey sportsbook Bet365
bet365 Sportsbook
Logo of BetMGM Sportsbook New Jersey
BetMGM Sportsbook
The logo of FanDuel Sportsbook New Jersey
FanDuel Sportsbook
The logo of Caesars Sportsbook New Jersey
Caesars Sportsbook
Rating
98.2
98.5
98.3
98.1
Payment Methods91188
Top Payment MethodsVisa, MasterCard, Bet365 MasterCardVisa, MasterCard, PayPalOnline Banking, Visa, MasterCardVisa, MasterCard, Discover
Cash out
Free to play
Live stats
Live scores
Live streaming
Bet Builder

The Deep Dive - Our Five Best Welcome Bonuses for New Jersey

We've selected five of the most competitive and rewarding sign up bonuses in New Jersey for an in-depth look at exactly what they entail and why they stand out from the crowd. 

Of course, there are other sportsbook bonuses that aren't just for new players, but below is all about that new player competition and who offers the best opportunity to our players.

BetMGM Sportsbook - up to $1,500 in Welcome Bonuses

BetMGM offers a very solid welcome bonus of up to $1,500 for new players in New Jersey using the bonus code: BETMGMBONUS. This 100% back in bonus bets offer allows you to put some insurance in against your first bet, with you receiving up to $1,500 back, if your first bet loses.

We really appreciate the $1,500 ceiling, which is on the higher end for NJ sportsbooks in the market and allows all player types to get involved - not just casual wagerers. The 1x wagering requirement is also lower than many competitors.

BetMGM consistently provides excellent odds and a wide variety of sports markets as well. New players also gain access to ongoing parlay bonuses and odds boosts. With their strong welcome offer, respected brand, and great ongoing promos, BetMGM is a top choice for new bettors.

FanDuel Sportsbook - $150 Up for Grabs

FanDuel has emerged as a top destination for new bettors, offering up to $150 in bonus bets through a simple, straightforward 100% matched deposit bonus. To get the full $150, you would need to deposit $150 as a start.

However, the minimum deposit is set at $10 and the minimum wager at $5, and if your bet wins, you’ll receive your bet back.

FanDuel has built a stellar reputation for competitive odds on a huge menu of betting markets, including excellent coverage of NFL, NBA, MLB, and more. The site also offers special promotions like free-to-play contests, odds boosts, parlay insurance, and refer-a-friend bonuses. Overall, FanDuel hits it out of the park with a compelling signup bonus and outstanding overall sportsbook.

Bet365 Sportsbook - Two Different Welcome Bonuses? Yes Please!

New players can take advantage of two great sportsbook sign up bonus offers at bet365 Sportsbook New Jersey.

The first is a first bet safety net - make a minimum $10 deposit, place your first cash bet up to $1,000, and get a refund in bonus bets if it loses. Already a huge offer that caters for all betting types - casual or high roller.

The second offer is a bet $5 and get $150 betting sign up bonus - deposit $10, place a $5 qualifying bet, and receive $150 in bonus bets.

bet365 is an internationally recognized brand known for exceptional soccer betting options. But they also cover all major US sports exceptionally well, with constantly updating odds and an endless array of betting markets and bet types.

Along with the fair rollover terms, we love that bet365 offers new members free bets, contests, and pools right off the bat. For a world-class sportsbook with a solid bonus, check out bet365.

Caesars Sportsbook - Up to $1,000 First Bet Insurance

New players at Caesars Sportsbook NJ can take advantage of an extremely generous first bet insurance offer of up to $1,000 by using promo code CZR1000 during sign up.

After creating your new account, make your initial deposit and place your first real money wager on any sport or bet type up to $1,000. If this first cash bet loses, Caesars will refund 100% of your stake in bonus bets, giving you a second chance to win without risking any of your own money. Essentially, you get a risk-free introductory bet to help kickstart your sports betting experience with Caesars.

This high-value welcome offer establishes Caesars as a top destination for new bettors in addition to its intuitive app, consistently competitive odds, and strong loyalty program. Be sure to take advantage of promo code CZR1000 during registration to secure this lucrative welcome offer from Caesars.

BetRivers Sportsbook - $250 Welcome Offer as a First Bet Insurance

New users to the BetRivers Sportsbook can get a risk-free bet up to $250 on their first wager by using promo code SPORTS. Just sign up, deposit, and place your first real money bet on any sport. If it loses, you'll receive a bonus bet equal to your stake up to $250 within 24 hours.

This second chance bet can be used on any sport while only paying out profits, not the stake. Bets under the profit/odds boosts section or made with bonus bets don't qualify. The bonus bet expires after 14 days.

With a user-friendly, visually appealing platform available via mobile app or desktop, BetRivers continues to grow its reputation in New Jersey for solid odds, extensive markets, and innovative bet types. The sportsbook signup bonus and promotions add even more long-term value as well. For a boost to start and ongoing rewards, BetRivers hits the mark.

The Different Types of Sportsbook Sign Up Bonus in NJ

The best betting site welcome bonus offers come in different shapes and sizes, but they all serve the same core purpose - to reward new users for opening an account with a site. The most common forms include:

  • Matched Deposit Bonus - These signup bonus offers match a percentage of your initial deposit, up to a specified amount. A 100% deposit match up to $500, for example, would award you $5 in bonus funds for every $5 deposited, up to $500 total.
  • Matched Bet Bonus - With this sportsbook welcome bonus, your first real-money wager triggers a site credit matching some or all of your bet amount. A matched bet bonus covering 100% of your initial wager up to $100 would award a $100 bonus if you bet $100 on your first wager.
  • No Deposit Bonus - As the name implies, these sportsbook sign up promo bonuses reward new players with site credits as soon as they register, with no deposit required initially. The amounts tend to be smaller for no deposit bonuses and, in honesty, are very rare these days.
  • Bonus Bet - Sportsbooks award new members a bonus real-money bet in a specified amount that can be placed on any market offered as a betting welcome bonus.
  • Second Chance Bet - Your first bet being 'risk-free' falls into this category, with a refund as a betting site welcome bonus if that wager loses.
  • Insurance Bonuses - These types of betting site sign up bonus offers reimburse a portion of losing bets, either site-wide or for specific wager types like parlays.

Generally, bigger deposit bonuses come with higher wagering requirements, meaning you have to place more in cumulative bets before you can withdraw bonus winnings. Weigh the terms versus the monetary value when comparing different offers

Sign Up Bonus Terms and Conditions to Consider

While attractive at first glance, sportsbook sign up bonus deals do carry certain terms and conditions you'll need to fulfil.

Be sure to account for items such as:

  • Wagering or 'playthrough' requirements
  • Time limits to use the bonus funds
  • Minimum odds
  • Contribution rates for different bet types.
  • Which games or markets count toward playthrough
  • Whether you must opt-in specifically for the bonus.
  • Understanding the fine print is crucial to make the most of welcome offers. 

What Best Betting New Jersey Like in a Sign Up Bonus

Here at Best Betting New Jersey, we analyze sign up bonuses based on more than just the dollar amount attached. The ideal bonuses come from sportsbooks that provide a great overall experience, with factors like competitive odds, a wide array of sports markets, and strong ongoing promos holding more weight to us than a few extra dollars in bonus funds.

Fair terms and conditions are also key - we love to see reasonable playthrough requirements, long time limits to use bonus funds, and flexibility in contributing bet types. While the monetary value matters, our top-rated bonuses strike the right balance between rewarding new players and setting realistic barriers to withdrawal.

How Do I Get a Sportsbook Sign Up Bonus?

Getting your hands on a betting welcome bonus is relatively simple and focuses on choosing a sportsbook that's right for you.

Follow the instructions below to take advantage:

Time needed:5 mins
  1. 1

    Choose a Sportsbook

    Visit our full list of betting sites and choose a sportsbook that feels right for you, by clicking on our 'Get Bonus' links.

  2. 2

    Register

    Once you've selected the sportsbook with the bonus offer you like the sound of the most, you need to click on register/join now, and register for a new account. Check whether a promo code is needed to be added at this section.

  3. 3

    Deposit

    Make a real-money deposit using an accepted method. Usually, this is the first step to unlocking the bonus funds - be aware of how much the minimum deposit is, and/or how much the match deposit percentage is.

  4. 4

    Wager

    Place wagers to meet the playthrough requirement. Check the minimum odds and bet types that qualify.

  5. 5

    Receive Bonus

    Once the playthrough is met, the bonus amount officially converts to a bonus value that can be wagered further.

Are Sportsbook Sign Up Bonuses Legit?

In New Jersey, online sportsbooks are fully regulated by the state and only licensed operators are permitted to offer real-money betting and promotional offers like bonuses.

The New Jersey Division of Gaming Enforcement oversees all sites, ensuring they follow regulations. So you can confidently take advantage of sign up bonuses from NJ sportsbooks knowing your funds are secure and the offers are completely legitimate.

Just be physically located within state lines when you actually place any wagers and meet the basic eligibility conditions attached to the bonus. As long as you fulfill the terms, there is nothing rogue or underhanded about these offers.

Conclusion - A Wealth of Sign-up Bonuses Available to New Jersey Players

This guide has covered everything you need to maximize the most lucrative sportsbook sign up bonuses in New Jersey. All of the best NJ sportsbooks compete through generous welcome offers, allowing you to get the most bang for your buck with your wagering.

With the right sign up bonus, you can stretch your bankroll and bet smarter when getting started, and regardless of what level of player you are we're sure you'll find an offer that you love and kickstarts your entertainment nicely.