DraftKings NJ Sportsbook Promo Code and Review

Why choose DraftKings NJ?

  • $1,000 welcome bonus for NJ bettors in risk-free bets
  • Extensive sports coverage
  • Fast, interactive, and responsive website
  • Advanced security that makes for safe and enjoyable betting

DraftKings NJ Sportsbook Rating

Summary:
8.3
Good Reputation
10
Security and Trust
7
Bonuses
8
Banking
9
odds
8
Software
8
Support
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Gus Herman
Gus Herman Author
Publication date: 2022-08-15 Last updated: 2022-10-31
Pros Cons
Pros
  • Established and reputable US brand headquartered in Boston and guaranteeing 100% safety
  • Extensive sportsbook with hundreds of betting markets to bet on
  • Good welcome bonus, numerous free contests, and ongoing promotions for regulars
Cons
  • The rewards system is rather complex and hard to understand
  • The list of payment methods could be longer and include more modern solutions, such as cryptocurrencies and e-wallets

DraftKings Sportsbook Promo Code for March 2024

All new players from New Jersey that decide to register at DraftKings sportsbook NJ are eligible for a welcome bonus of up to $1,000. The bonus money will be provided in the form of credits that can be only used on the DraftKings platform. The operator will match the first deposit 20%, and the minimum deposit to be eligible for the bonus is $5. 

The wagering requirements are set at 25x the bonus money, meaning that for every $25 played in the DraftKings sportsbook (odds -300 or longer), casino, or fantasy sports, the player will receive $1 in bonus money. The bonus requirements must be met within 90 days after claiming it, and it is only available for New Jersey users that have verified their accounts.

SportsbookDraftKings Sportsbook NJ

DraftKings NJ Promo Code

No promo code is required to claim this bonus

Welcome Bonus for NJ players

$1,000 bonus money

Risk-Free bet terms

20% deposit match up to $1,000. Playthrough requirements 25x. The bonus can be used on sportsbook, casino, and DFS. The bonus is available for 90 days after claiming it.

Land-based Partner

Resorts Casino & Hotel in Atlantic City, NJ

Last Updated

March 2024

DraftKings Sportsbook NJ Sports Variety

DraftKings sportsbook is a platform that offers a wide variety of sports to bet on - both American and international. Besides, punters can bet on various top-tier leagues, as well as lower-tier competitions. The list of sports that you can bet on includes:

  • Basketball
  • Baseball
  • Hockey and Ice-Hockey
  • Football
  • Boxing
  • Cricket
  • MMA
  • Motorsports (Formula 1, NASCAR, MotoGP)
  • Rugby League
  • Golf
  • Aussie Rules
  • Lacrosse
  • Rugby Union
  • Table Tennis
  • Snooker
  • Soccer
  • Tennis
  • Cycling
  • Darts

Expectedly, DraftKings offers odds on all popular leagues, such as the NFL, MLB, NBA, MLS, UFC, The Open Championship, Grandslam Championships, UEFA Euro 2022, World Cup 2022, and more. Soccer is a surprisingly well-developed betting market here, and the sportsbook covers more than 50 soccer leagues, from the UEFA Champions League, English Premier League and Spanish La Liga, to the Chinese Super League, Korean K-League 1, Japanese J1 League, Brazilian Serie A, and more. 

Take note, though, that even though DraftKings offers a variety of options for college football and college basketball, betting on collegiate games is prohibited on the state of New Jersey, so you won’t be able to place bets on college games that are taking place in the state - regardless if it’s a New Jersey college team participating in the event or any two college teams.

DraftKings Sportsbook NJ App Overview

DraftKings has been designed with mobile users in mind, so it doesn’t come as a surprise that it covers both iOS and Android users. The ease of use and convenience of the desktop site translates to the mobile screen as well, and the site is fully mobile-optimized. All the features that are available on the desktop can be accessed from the mobile version of the site as well, including the complete DraftKings sportsbook. 

Moreover, DraftKings has a dedicated mobile app available for both Android and iOS users. The Draftkings mobile iOS app can be downloaded from the iOS App Store, it has been exclusively developed by DraftKings’ development team, and it has a rating of 4.8 stars. The Android app is not available on the Google Play Store because Google doesn’t allow for casino apps to be present in their store, so users have to download the apk file from the DraftKings website and install it manually.

Overall, the DraftKings sportsbook app is excellent. It combines a modern look with effortless usability and all the features that one would need from a sportsbook app. Placing bets on the go is a joy, and the operator even threw in some extras, such as Status Hub - where you can check the stats about major sports before you place a bet. You also get in-game betting, the full betting market portfolio, and all the bonuses and promotions currently offered by the operator.

DraftKings Sportsbook NJ - Types of Bets

Although sports betting has never been more popular in the US, placing real-money bets on sports is still unnerving for some. Besides the ‘classic’ moneyline bet, punters can bet on many different types of bets at DraftKings.

Moneyline Bets

Moneyline is the simplest bet you can make. It indicates who will win the match-up, regardless of the margin of victory. So, if you think, for example, that the Brooklyn Nets will win against the Sacramento Kings, you can place a moneyline bet. Let’s assume that the Nets are the favorite team to win, so the odds for the Nets to win are -165, and the odds for the Kings to win are +145. If you bet $100 on the Nets, and they win, you’ll win $165 ($100 of your own money and $65 in winnings). If you place a bet on the Kings, however, and they manage to make an upset and win, your bet will bring you $265.

Parlay Bets

Parlay bets allow punters to bet on different betting markets, predicting the occurrence of multiple outcomes, essentially allowing them to make their own parlay bet. So, if, for example, you’re planning to bet on the Wimbledon men’s final, and you think Djokovich will win and the total number of games will be lower than 30, you can place a parlay bet, combining the two bets. Expectedly, the odds for parlay bets are better than moneyline bets because the odds of both outcomes are combined, but you should be careful not to contradict yourself.

Prop Bets

Prop bets, or proposition bets, are relatively new to the online sports betting NJ market, but they’re a fun bet type that doesn’t necessarily focus on the sporting event. Essentially, prop bets allow you to propose that something might happen at a given event. For example, you can make a prop bet that there will be rain on the F1 Miami Grand Prix race, or whether Kevin Durant will score a double-double in tonight’s game.

Futures

Futures, or future bets, are types of bets that predict the outcome of some longer-term event. For example, you can place a future bet that the Giants will make it to the playoffs, or that the New Jersey Devils will win the Stanley Cup. The odds for futures bets largely depend on the time when the bet has been placed, as well as the form of the team/player that you want to bet on.

In-Play Bets

As the name suggests, in-play bets allow punters to bet on a sports event after the game has started. DraftKings’ app is an excellent way to place in-play bets because it breaks down the event to the minute, so you can bet, for example, what pitch the pitcher will throw next, or whether a basketball player will hit the next free throw.

DraftKings Sportsbook - Account Creating

DraftKings was first established in 2012, and now holds 27% of the US betting market. It became the first legal online sportsbook in New Jersey in 2018 and operates under a valid license issued by Resorts Atlantic City[1]. DraftKings New Jersey sportsbook offers a wide variety of sports to bet on and is an all-around platform that will pass muster even for the pickiest punters.

To enjoy all the features and benefits of DraftKings New Jersey sportsbooks, you first need to create an account and register as a new user. The process is fairly simple, and you only need to follow a few simple steps. The procedure goes as follows:

  1. Open the DraftKings New Jersey sportsbook
  2. Click on the ‘Sign Me Up’ button in the middle of the screen (alternatively, download the Android or iOS app and register through the app)
  3. Enter a username, email, and password
  4. Provide your personal information, such as first name, last name, date of birth, home address, last 4 digits of your Social Security Number, city, and zip code
  5. To secure their account, users must provide their Social Security Number one last time
  6. Verify your location by turning on the tracking services on your laptop or mobile device (allow for the app to access your location if you’re using a smartphone)
  7. That’s it! You can now login with your account and make your first deposit

There are a few key points to consider when registering for the DraftKings New Jersey sportsbook. 

First, you must be currently located in New Jersey. Next, you must verify your account before you request a withdrawal, and to do that, you’ll need to upload a clear picture of any of the following documents: government-issued ID, passport, driver’s license, and proof of residence (utility bill, bank statement, etc). Don’t worry, this is a very reputable and highly secured site, so you can make sure that your information is in safe hands.

Create an Account and Use a Promo Code

Before you create your account and sign up as a new user, you should enter a promo code - if you have one. When you click on the ‘Sign Me Up’ button, you’ll be required to enter a username and a password, and there’s a form that allows you to enter a promo code.

However, even if you don’t have a special promo code, you’re still eligible for the sportsbook welcome bonus of up to $1,000.

Download the DraftKings Sportsbook App

If you want to use the mobile app and enjoy placing bets on the go, you can do that from the official website. If you’re an Android user, you should click on the ‘Download for Android’ button located in the middle of the screen, and the download will start. You should then allow for apps from unknown sources to be installed on your device, and complete the installation. Don’t worry, this is a standard procedure for most iGaming apps.

If you’re using an iPhone or an iPad, you can download the mobile app directly from the iOS App Store. You can then register, log in, claim your bonus, and place real money bets by using the app.

Make Your First Deposit with a Convenient Payment Method

After you create your account, the next step is to make your first deposit. The process is extremely easy, and won’t take you more than a few minutes. Click on the ‘Deposit’ button, choose your preferred payment method from the list of available payment systems (you can use credit/debit cards, bank transfer, or even PayPal), and confirm the transaction. The minimum deposit you can make is $5, and you’ll become eligible for the welcome bonus.

Start Betting and Win Real Money

Once you have made your first deposit and have funds in your betting account, you can start placing bets for real money. Open DraftKings, and select the sport or the competition you want to bet on from the list on the left side. Then, find the event you want to bet on, check out the odds, and make your bet by clicking on the bet cell. All the bets that you have selected will be listed in the bet slip, so you should select how much money you want to wager, and click ‘Place Bet’. 

If your bet wins, you’ll receive the money in your betting account.

Licensing in Pennsylvania

After Pennsylvania legislators passed the bill for an omnibus gambling expansion package back in October 2017, and the Supreme Court overturned the Professional and Amateur Sports Protection Act (PASPA) in 2018, it opened up the way for legal sports betting in the state.

DraftKings was among the first bookmakers to open its virtual doors to Pennsylvania punters, officially launching in November 2019. The sportsbook is licensed by Penn National Gaming and regulated by the state’s Gaming Control Board (PGCB)[2], so it’s completely legal and secure. 

To join DraftKings Pennsylvania, you have to be at least 21 years old, have a valid Social Security Number, and be located in Pennsylvania. Although you can’t bet in person in Pennsylvania since there’s no DraftKings retail in the state, you can use the mobile sportsbook. 

All newly registered players from Pennsylvania are eligible for a deposit match welcome bonus of up to $1,000.

DraftKings Online Sportsbook Banking Guide

Although online gambling in NJ is legal, and DraftKings is a fully licensed and legal sportsbook, there are still state-by-state restrictions and regulations in place when it comes to deposits and withdrawals. Thankfully, DraftKings is among the best sports betting operators in the country, and has gone far and beyond to offer their players a seamless experience when it comes to banking, both for deposits and withdrawals.

Deposits

When it comes to deposits, DraftKings users have several options for picks. The first option is credit/debit cards - and the operator gladly accepts Visa and Mastercard. However, considering that some banks may charge a fee for transactions related to online gambling, you can go for an e-wallet such as PayPal.

Another option is to connect your betting account to your bank by using ACH/Echeck. If you want to deposit in person, you can visit the DraftKings retail in Resorts Casino & Hotel in Atlantic City, NJ, and use the Cash at Cage option.

The list of available depositing methods includes:

  • Credit/debit cards (Visa, Mastercard, AmEx)
  • PayPal
  • Play+ prepaid card
  • Cash at Cage
  • ACH/Echeck/Online banking

Withdrawals

Being a legal and regulated sportsbook, DraftKings is on the top of the game when it comes to withdrawals. The payout times range from instant to up to 48 hours, depending on the method you’ve chosen. Expectably, Cash at Cage, Play+, and PayPal are the quickest, but if you opt to withdraw via bank transfer or credit/debit card, you might have to wait up to 5 days. The minimum withdrawal varies depending on the method chosen, and it’s just $1 for PayPal transactions.

The list of available withdrawal methods includes:

  • ACH
  • PayPal
  • Online banking
  • Bank transfer
  • Wire Withdrawal

DraftKings NJ Competitors Comparing

DraftKings was the first online bookmaker to open its doors following the sports wagering authorization in New Jersey back in 2018, and it’s been a prominent name in the NJ sports betting scene. However, despite its popularity, there are now dozens of online sportsbooks available in the Garden State - and each operator brings unique features to the table. Let’s see how DraftKings NJ compares to other US sportsbooks and online casinos.

SportsbookDraftKings SportsbookCaesars SportsbookFanduel Sportsbook

Best Features

Wide variety of betting markets available, excellent mobile apps for Android and iOS, and users can create individual DFS leagues

Good promo section and generous bonuses, live streaming of matches is available, and flexible banking options

Excellent user experience, prompt and friendly customer service, and an abundance of betting markets available

Welcome Bonus

20% deposit match up to $1,000

$1,500 Risk Free Bet

$1,000 No Sweat First Bet

Sport Types

30

26

29

Deposit Methods

Bank Transfer

Debit/Credit Card

PayPal

Play+

Cash at Cage
Online Banking/ACH

Bank Transfer

Debit/Credit Card

PayPal

Play+

Cash at Cage

Skrill

PayNearMe

Bank Transfer

Debit/Credit Card

PayPal

Play+

Cash at Cage
Online Banking/ACH

Green Dot MoneyPak

PayNearMe

Customer Service at DraftKings

As much as DraftKings excels in most aspects, the customer service is where it’s lacking - especially in 2022, when most of its competitors have more modern solutions, such as a Live Chat option or toll-free phone. Unfortunately, there’s no live chat here, so the users have two options to contact customer support: 

It’s not all bad, though. The customer support service responds fast, and is available 24 hours a day, 7 days a week. Moreover, the DraftKings Help Center contains most of the information users may need, such as info about the promotions and bonuses, general terms and conditions, as well as tips on how to place bets at the bookmaker. Additionally, DraftKings promotes responsible gambling only, so if you think that you might have a gambling problem or you want to exclude yourself from the site for some time, you can do that by contacting customer service.

DraftKings Sportsbook Summary

Ever since the market for online sports betting sites opened in New Jersey[3], dozens of operators have opened their doors for NJ punters. However, DraftKings has stood the test of time, and offers the complete package - making it a strong contender despite the fierce competition.

The user experience is simply excellent - both on mobile and on desktop. The mobile apps work flawlessly on all devices, and the desktop site is easy to navigate.

Contrary to most of its competitors, the welcome bonus at DraftKings is not a risk-free bet but a classic deposit match bonus - which is something that many bettors will appreciate. On top of that, there are many ongoing daily and monthly promotions that complete the experience.

The betting market portfolio is very comprehensive, and whatever sporting event you want to bet on - chances are that DraftKings has odds for it.

With the addition of PayPal to the available payment methods, DraftKings went one step further, allowing users to make use of arguably the most popular online payment service in the US right now. 

All in all, there are many things to like here, and even though there are some downsides, it’s clear that the operator works hard to bring the best possible betting experience to its users, and DraftKings is easy to recommend to every NJ punter looking for a safe and enjoyable bookmaker.

FAQ

What are the parlay options at DraftKings?

Parlays are a fan favorite because they allow punters to bet on multiple outcomes to occur in a single sporting event or multiple sports events, thus combining the odds of both bets - resulting in massive wins. What makes DraftKings unique is that it allows for same-game parlays, allowing punters to bet on multiple outcomes to take place in the same game, and they’re not priced individually. Not all games are available for same-game parlays, though, so you should look for games that feature the SGP icon next to the time of the event.

How old I need to be to play at DraftKings sportsbook in NJ?

To participate at DraftKings bookie in New Jersey, you have to be at least 21 years of age, have a valid identification document, a valid United States Social Security Number, and be residing in the state. Users that are below the age of 21, don’t have an SSN, or are not located in the state, will be excluded from registering with the bookmaker. Sports betting in NJ is licensed and regulated by the Division of Gaming Enforcement (DGE), and the regulations in NJ may differ from other states.

When did DraftKings sportsbook become legal in New Jersey?

DraftKings, the world’s largest daily fantasy platform, became the first legal sportsbook to operate in NJ, opening its doors to players on August 1, 2018. New Jersey was the first state to overturn PASPA and allow for online bookmakers to operate on June 14, 2018, and DraftKings was the first one to begin the new era of online betting by officially launching in the Garden State.

Does DraftKings sportsbook accept Bank Transfer?

If you’re keen on using bank transfer as your preferred payment method, then yes, the platform does accept bank transfer (or wire transfer) via MVB Bank. Keep in mind that the minimum deposit you can make using wire transfer is $100, and the minimum withdrawal you can make when using this payment method is $20,000 for a first-time withdrawal and $10,000 for successive withdrawals. There’s no maximum withdrawal limit, and the typical processing time is 24-48 hours.

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