NJ Sportsbook bonuses in May 2024

#1 Sportsbook
1

9.5/10

FanDuel bonus

Bonus up to :  $150

Bet $5, Get $150 on a winning bet

No code required
SEE THE OFFER
2

Bonus up to :  $200

Bet $5, Get $200

No code required
SEE THE OFFER

Bonus up to :  $1000

$1,000 in risk-free bets!

No code required
SEE THE OFFER
4

8.5/10

BetMGM bonus

Bonus up to :  $1500

Get $150 in bonus bets with the code: STYVIP!

SEE THE OFFER
5

Bonus up to :  $250

Second chance bet of up to $500

No code required
SEE THE OFFER

Sports betting in New Jersey has been legal for multiple years now, but it doesn’t mean it’s too late to sign-up and join the action. In fact, now is the perfect time to get involved as all of the state’s top sportsbooks are offering lucrative sign-up bonuses.

These bonuses are essential for new bettors to take advantage of. They help build your bankroll while you iron out any kinks or rookie mistakes you might make.

In this article, we’ll take a look at all of the top sign-up offers across the state of New Jersey for May 2024. We’ll help you make an informed decision as to which options are best for you. If you'd like a wider view of US sportsbook bonuses, we have you covered too!

What are the best sportsbook bonuses in New Jersey in May 2024?

Want to take advantage of generous welcome offers with the best New Jersey Sportsbooks? Here are the best sportsbook welcome bonuses in NJ right now.

FanDuel Sportsbook Welcome Bonus in New Jersey

FanDuel is viewed as one of the industry leaders in the sports betting scene, especially in the state of New Jersey. New users who sign up for a new FanDuel Sportsbook account will start with a sizeable extra sum in their account. No promo code is needed as you can get 30-to-1 odds on even the biggest favorite on the board. 

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DraftKings Sportsbook Welcome Bonus in New Jersey

DraftKings has been growing at a tremendous rate in recent months, especially in the state of New Jersey. New users can sign up and make a first deposit.

Once that’s complete, they’ll receive their bonus bets instantly after placing their first bet, no matter if the original wager wins or loses. No promo code is needed.

Caesars Sportsbook Welcome Bonus in New Jersey

New users who sign up for a Caesars Sportsbook account are eligible to take advantage of a sweat-free first bet worth loads of extra cash.

If your first bet fails to win, Caesars will instantly refund you in the form of a bonus bet equal to the amount of your original wager!

BetMGM Sportsbook Welcome Bonus in New Jersey

New BetMGM are in luck as the sportsbook will give them some serious cash for creating a new account. This bonus is available now in May 2024 and we highly recommend claiming it while it's still available!

You won't want to miss out on this opportunity to build a serious early bankroll with one of the top sportsbooks in the country. You should use the STYVIP promo code.

BetRivers Sportsbook Welcome Bonus in New Jersey

One of the older players in the state, BetRivers is a no-frills sportsbook that offers competitive odds and a solid rewards program to its bettors. New users who sign up for a BetRivers account can claim their bonus straight away. As usual, make sure to check the terms and conditions.

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How did we rank the best sportsbook bonuses in New Jersey?

Sportsbook Bonus up to Type of bonus Bonus note Visit!
$150 Deposit bonus
9.5/ 10
$200 Bonus on first bet
9.0/ 10
$1000 Refunded Bet
8.5/ 10
$1500 Refunded Bet
8.5/ 10
$250 Free bet
8.0/ 10

New customers only | Commercial content | 21+ age limit | T&Cs apply

When ranking the top sportsbook bonuses in the state of New Jersey, a lot comes into play. First off, we need to figure out the maximum value of each offer.

Then, we need to figure out how easy it is to max out every offer. On top of that, we need to evaluate factors such as ease of signing up for the bonus and other conditions in play to withdraw bonus funds.

On top of all of that, we considered the quality of the sportsbook as a whole. With all of these factors in play, it’s safe to say these rankings are deserving of your trust. If you're curious about the best betting apps available in New Jersey, head on over to our New Jersey sportsbook apps page!

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Types of Welcome Bonuses in New Jersey

There’s a whole lot of competition amongst the sportsbooks in New Jersey. Each sportsbook offers its unique twists and options when it comes to markets, daily offerings and sign-up promotions.

Each sportsbook has its own way to try and attract and engage new customers. Some common sign-up bonuses include risk-free bets and bonus funds. It’s important to understand all types of welcome offers and what exactly they are giving you as the bettor and customer. 

New Jersey no deposit bets

Some sportsbooks in other states offer bonuses where no original deposit is needed before you can claim the bonus. Unfortunately, none of the New Jersey sportsbooks are currently offering a no-deposit offer.

The appeal of these types of offers is obvious, as you can bet and build your bankroll with no investment or risk of your own. 

New Jersey deposit bonuses

A deposit bonus is simply a bonus that is tied to a deposit. For example, a sportsbook can offer you a 100% match on your first deposit. If you deposit $100, they will match your deposit of $100, and your bankroll will be at $200. 

New Jersey bet insurance bonuses

Bet insurance bonuses are amongst the most popular bonuses offered. They give you either a full or partial refund on your initial bet, usually in the form of bonus bets.

Not only is this a popular welcome bonus, but sportsbooks sometimes offer risk-free bets as daily promotions for existing users. 

Odds boosts in New Jersey

Oftentimes, sportsbooks boost odds on certain events in order to attract betting action. In return, the customer receives better odds on their bet.

For example, a New Jersey bettor might want to parlay the Jets and Giants to win. Normal odds might be +200, but a sportsbook could boost those odds to +300, which would boost potential winnings for everyone who places the bet.

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Why Sportsbook Bonuses Are Worth It in New Jersey?

Sportsbook bonuses are certainly worth it for the average bettor in New Jersey. In many cases, these bonuses are the equivalent of free money. They help bolster bankrolls for new bettors, and maintaining a solid bankroll is one of the keys to being a safe, profitable bettor.

Other promotional offerings such as risk-free bets are good for the soul and mind, as they can relax a bettor knowing that a second chance awaits if things don’t go well the first time around. It would be foolish to start betting without taking advantage of sign-up bonuses. 

How to claim your New Jersey welcome bonuses?

If you haven’t yet signed up for sportsbooks and claimed welcome bonuses, now is the ideal time to do so. Every second you wait is additional time you’re wasting with free money on the table for you to claim. Don’t wait any longer and kickstart your betting career with some free bets and other valuable promotions. 

  1. Register with sportsbook 
  2. Enter the promo code 
  3. Make your first deposit
  4. Use your bonus cash

Steps to request the bonus in New Jersey

All you need to get started with your bonus in New Jersey, no matter the sportsbook, is to follow these carefully laid out steps:

1. Register with the sportsbook

Create an account with the sportsbook of your choice by providing necessary personal identifying information. This process is similar across most sportsbooks across most of the country. 

2. Enter the promo code

If necessary, enter the promo code provided. This claims the offer and loads it into your account, assuring you’re ready to go and take advantage of the bonus. 

3. Make your first deposit

Most sportsbooks require an initial deposit before taking advantage of bonus offers. Make sure to meet any minimum requirements and fund your account with any of the available deposit methods.

4. Use your bonus cash

Now is the time to take advantage of your bonus. Make sure you understand all terms and conditions surrounding your bonus such as withdrawal restrictions, free bet expirations, minimum odds restrictions and other factors like that.

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New Jersey Welcome Bonus Requirements

When signing up for a bonus and promotional offer, you should always read the terms and conditions of your offer so there are no unforeseen surprises. Here are some common restrictions and requirements in place for bonuses. 

Wager Requirements

Quite simply, you need to wager a certain amount or on a certain event to take advantage of the bonus. Oftentimes you will need to place a wager of a certain amount to activate a promotion. Other times, it is your first bet. 

Minimum Deposit

Some sportsbooks require a minimum deposit in order for you to take advantage of a bonus. Oftentimes, it is minimal in the range of $5-$10. This is to prevent users from taking advantage of bonuses and never betting again without ever making a personal investment.

Minimum Odds

Some offers have minimum odds attached to the wagers you place to activate the offer. For example, it might not be allowed to bet a -500 favorite as sportsbooks don’t want you having minimal risk on your first bet. 

Expiration Times

Oftentimes, sportsbooks issue expiration dates on free bets and other parts of promotional offerings. These usually expire within seven days, though in some places you have up to 30 days. Make sure to stay on top of when your bonus bets expire, as once they are gone, they are gone for good. 

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Which sports are available for bonuses in New Jersey? 

In New Jersey, there aren’t restrictions on sports for most bonus offers. Of course, there are sport-specific promotions but those are clearly defined.

For the most part, NHL bettors can feel free to bet on hockey while other bettors can feel free to spread their action across the NFL, college football, NBA, college basketball, MLB, and other sports leagues. 

Is there a welcome bonus code in New Jersey?

Yes, there are plenty of welcome bonus codes and sign-up offers available across the state of New Jersey. These offers provide great opportunities for sports bettors to build their bankrolls and take advantage of some opportune situations. Check out all the codes on our New Jersey Sportsbooks promo codes page.

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