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Image for Loren Oller Loren Oller - Published October 12, 2023

DraftKings New Jersey Promo Code - Bet $5, Get $200 in Bonus Bets

New Jersey is kind of where it all started for legal sports betting in the US outside of Nevada, and since day 1 DraftKings NJ has been one of the most popular books in the state. It was New Jersey that triggered the legal case that ultimately led to the removal of the Professional and Amatuer Sports Protection Act in 2018, paving the way for legal sports betting on a state-by-state basis. 

Although it wasn’t actually the first state to launch sports betting, New Jersey quickly became a torch bearer and today there are around 20 different sports books available. 

One of those is DraftKings New Jersey. Amongst some stiff competition, it has been at the heart of gambling in New Jersey and was the first platform to offer online and mobile betting in NJ back in 2018. Today, new members at DraftKings NJ can get a welcome bonus worth $200 for a first bet of just $5 - with no promo code necessary. We’ve got all the details about that, along with everything else DraftKings New Jersey has to offer, right here. 

🔥 Claimed by 74 people this week!

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DraftKings New Jersey Promo Overview

🎁 DraftKings New Jersey Promo CodeNone required -  Use our exclusive link 
💰 DraftKings New Jersey Sign Up Offer$200 in Bonus Bets for $5 
💳 Banking Options at DraftKings New JerseyBank Wire Transfer
Cash at Cage
Cash at Retail Stores
Credit Card
Debit Cards
DraftKings Gift Card
Electronic Gift Card
Online Banking
PayPal
Play+ Prepaid Card
Venmo
VIP Preferred
💲 Minimum Deposit$5
⭐ DraftKings WSN Rating10/10
📱 DraftKings New Jersey iOS App Rating4.8 with 580K reviews
📱 DraftKings New Jersey Android App Rating4.7 with 105K reviews
✅ Last VerifiedDecember 2023
DraftKings New Jersey Promo Code

DraftKings New Jersey Welcome Offer

The DraftKings New Jersey sign up bonus is a very good one. In a nutshell, new bettors who sign up, make a deposit, and place their first bet of $5 or more receive $200 in Bonus Bets instantly, win or lose. It’s an extremely generous offer and the fact that just $5 is enough to lock in your bonus makes this offer friendly to beginners and more casual players.

There are some conditions to be aware of, as is the case with all sports betting bonuses. The $200 comes in the form of eight separate $25 Bonus Bets, which we like and certainly prefer to a single $200 bet. All eight bets expire after seven days, so you need to make sure you are proactive in using your bonus once it arrives. Bonus Bets need to be wagered 1x before they can be withdrawn, and you only receive the winnings from any successful bet.

Like we said, it’s a great offer. It’s simple, genuinely valuable and your Bonus Bets can be used on pretty much any sport or market you want. Very few US sportsbooks offer a welcome bonus like this for just $5 (most of them have $10 minimum deposits), so it’s a thumbs up from us.

How To Claim Your Bonus At DraftKings New Jersey

Claiming your DraftKings New Jersey bonus is very easy and doesn’t require any special tricks or hidden traps. There is no promo code required either, it’s available to absolutely anyone in New Jersey who is over 21 and doesn’t already have a DraftKings NJ account.

Here’s our super simple step-by-step guide:

  • Click on our registration link to get started with the DraftKings NJ sign up process.
  • DraftKings is required by the New Jersey Division of Gaming Enforcement to collect and verify specific personal information from all individuals who register. Type in your name, date of birth, address, phone number, and SSN info. You’ll also have to agree to DraftKings’ privacy policy and other terms and conditions.
  • Once your account is off the ground, you need to deposit some money. DraftKings NJ lets you use a variety of different banking methods (which we cover in a later section), and you need to spend at least $5 to top up your account.
  • Next, simply place a qualifying bet of $5 or more.

That’s the height of it. The outcome of your bet is irrelevant - win or lose your $200 in Bonus Bets will be credited to your account immediately. 

Using a Bonus Bet is easy too: just add your selection to the betslip as normal. Before you confirm, you can choose the “Apply Bonus” options from the menu and lock it in. 

More DraftKings Promos Available in New Jersey

The $200 welcome bonus is definitely the highlight, but the DraftKings New Jersey sportsbook has all kinds of other promos and bonuses for new and existing customers.

To be clear, the specific offers can change up all the time depending on what sports and competitions are most popular at any given time. Huge events like the Super Bowl or World Cup final are sure to have some bespoke special offers too. 

In this section, we’re running through the different promos available at DraftKings right now, as well as a general idea of the kind of things you can expect to find. You can get all the details of the current promotions in the Promos section of the sportsbook.

Same Game Parlay Odds Boosts

This is a very popular promo that DraftKings often features for specific sports, including NFL and soccer. The idea is simple: you build an SGP parlay from the featured market and the more legs you add, the more of a boost in odds you receive. Normally, just three selections are enough to trigger a boost and you can often get up to a 100% payout bonus.

Refer a Friend

This is an on-running promotion where both you and a friend can earn Bonus Bets if you get them to sign up with DraftKings NJ. Here’s how it works. You will find your unique registration link in your account, which you can send to your friend. They need to click on the link to register and then make a qualifying deposit of $25 or more. Once they do, both you and they will receive a Bonus Bet of the same value as their deposit. The most you can get through this promo is a $100 bonus bet, and you can refer up to five friends.

Free Play Pools

DraftKings New Jersey runs free-to-enter pools for upcoming games and events, with cash prizes for the winners. To enter, you just need to opt-into any upcoming pool and make your predictions. You can even create private pools for your friends.

What We Like About DraftKings New Jersey

How much time do you have? DraftKings is, quite rightly, regarded as one of the top sportsbooks in the US. It was there on the ground floor in 2018 when legal sports betting began to roll out on a state by state basis, and has only evolved and improved over the subsequent years. We’re covering some of our highlights in this section.

Betting Options

An interesting and diverse menu of betting options is pretty much priority number one for a top sportsbook, and DraftKings New Jersey ticks that box in a big way. The variety and agility of betting markets is absolutely among the very best in the state, and indeed the country. 

DraftKings Sportsbook covers all the bases. Beginners who want to stick to classic, easy to understand bets like money lines, spreads and futures will find it really easy to do so. For more advanced bettors, it’s just as easy to build teasers and other interesting parlays, and to find lots of highly technical prop bets on all kinds of sports.

Regular Promos

We’ve touched on this in the previous section, but DraftKings is great at constantly updating their offers and promotions to take advantage of whatever is popular among the public at any given time. Pretty much every day you’ll find some kind of new offer in the Promo section, which really helps to keep the whole experience fresh and interesting. 

Versatility  

This is where DraftKings New Jersey really stands out from a lot of competitors. Simply put, it’s so much more than just a sportsbook. 

First of all, there is also a great selection of casino games - which to be fair is also the case at lots of NJ betting sites. But DraftKings also has the country's leading Daily Fantasy Sports platform too. There are the aforementioned pools, which you won’t find at other betting sites. There’s a social platform to chat with other DK members, betting guides, tips and lots more. 

Mobile

The DraftKings New Jersey app is one of the best mobile apps in the US. Available on both iOS and Android, it streamlines the browsing and betting processes really well for the smaller screen. It has been downloaded more than half a million times from the App Store, and has a rating of 4.8/5. DraftKing is also very widely available among US states with legal sports betting, so having the app installed on your phone is perfect for placing bets while you travel. 

Banking Options At DraftKings New Jersey

When it comes to deposits and withdrawals at NJ sportsbooks, you really want to barely notice the process at all. It should be fast, cheap, and easy to understand - and this is pretty much what DraftKings Sportsbook does.

Having a good variety of different payment methods for both deposits and withdrawals is also a big factor in how the process should be viewed, and DraftKings NJ excels here. There is pretty much something for everyone, from old fashioned bank card deposits to modern, mobile-friendly digital methods like Apple Pay.

Deposits start at just $5, which is about half of the regular minimum deposit at most sportsbooks. Max limits depend on the method, and you can also set customizable limits to manage your spending.

You can see all the accepted deposit methods here:

  • Bank Wire Transfer
  • Cash at Cage
  • Cash at Retail Stores
  • Credit Card
  • Debit Cards
  • DraftKings Gift Card
  • Electronic Gift Card
  • Online Banking
  • PayPal
  • Play+ Prepaid Card
  • Venmo
  • VIP Preferred

And the withdrawal options are over here:

  • Apple Pay
  • Bank Wire
  • Cage
  • Checks
  • Debit Card
  • Online Banking
  • PayPal
  • Play+ Prepaid Card
  • Trustly Verified Withdrawals
  • Venmo
  • VIP Preferred (e-check)

How to Make the Most of DraftKings Promotions in New Jersey

Sports betting promotions and bonuses are rarely totally straightforward and, despite what they might advertise, sportsbooks are not in the business of distributing free money to their members. But neither does that mean that bonuses are a scam or that they aren’t genuinely valuable. You just have to understand how to get the most out of them. Below are our top tips for claiming betting bonuses in New Jersey in general.

We’re going to go into more detail about this in the next section, but step one with absolutely any bonus is reading the terms and conditions. The last thing you want to do is claim a bonus without really understanding it and wind up losing or wasting it down the line simply because you didn’t bother to read the small print.

Choose bonuses that make sense for you and your betting style. If you’re not an NFL fan, don’t get hung up on the latest football bonus offers. Look for promotions that fit in with how you plan to bet and the sports you are interested in, and don’t be afraid to just ignore the other offers.

Don’t sleep on other factors outside of bonuses when choosing a sportsbook. It can be easy to have your head swayed by a great offer, but if the betting site in general is not up to scratch, no individual offers are going to redeem it. Think about things like software, banking methods, types of bets available, and customer support.

DraftKings New Jersey Promo Terms and Conditions

Terms and conditions are the small print that go hand in hand with any sports betting bonus. They are always extremely important and, in some cases, massively impact the value or features of the bonus, compared with what you might expect from just a glance at the advertisement. Below are some of the most important things to be aware of:

  • Wagering requirements - betting sites make you gamble with bonus money before you can withdraw it, as a way to protect themselves. The rate at which you need to gamble is called the wagering requirement or playthrough. Many sports betting bonuses, including the DraftKings $200 offer, have 1x wagering requirements, meaning you just need to wager with the money once.
  • Time limits - all bonuses are available for a limited time only. If you don’t claim a bonus in time or complete the wagering requirements in time, your bonus will just disappear.
  • Restricted markets - normally, sports betting bonuses can only be used on specific sports or markets. Furthermore, you usually can’t combine bonuses or include a bonus as a leg in a parlay.
  • Opting in - there are all kinds of different ways to claim a bonus, which varies depending on the sportsbook. You might need a bonus code when you sign up, make a qualifying deposit, or place a qualifying bet. Some bonuses don’t even require any action, they just appear in your account. Read the instructions carefully to make sure you don’t miss out. 

Alternatives To DraftKings In New Jersey

DraftKings is by no means the only show in town. In fact, New Jersey has one of the largest selections of legal sportsbooks of any state in the US. Check out two alternatives below:

Top AlternativesDraftKingsCaesars SportsbookBetMGM
Welcome Offer$200 in Bonus Bets for $5$1,000 Bonus Bet$1,500 Second Chance Bet 
Promo CodeNone requiredWSN1000None required
Our Rating10/109/109/10
iOS App Rating4.84.64.8
Android App Rating4.64.24.3
Banking Options- Bank Wire Transfer
- Cash at Cage
- Cash at Retail Stores
- Credit Card
- Debit Cards
- DraftKings Gift Card
- Electronic Gift Card
- Online Banking
- PayPal
- Play+ Prepaid Card
- Venmo
- VIP Preferred

- Online banking (ACH)
- PayPal
- Skrill
- Visa or Mastercard
- Wire transfer
- Credit Card
- Debit Cards
- Bank Transfer
- Venmo
- Cash App
- Skrill
- Cash at Cage
- Prepaid Cards
Min. Deposit$5$20$10
Online SinceAugust 2018September 2018September 2019

What Can You Bet On At DraftKings New Jersey

DraftKings New Jersey is absolutely a market leader in terms of the depth and variety of betting markets in New Jersey. All the most popular sports are very well covered, with tons of ways to bet on the likes of the NFL,MLB, NHL, NBA, and NCAA. But you can also bet on top European sports, obscure US sporting interests and even things like the Oscars or the Emmys.

DraftKings NJ is also constantly updating its betting options, so the list below is just an idea of what you can find at DraftKings New Jersey at any given time:

Sports available:

  • Academy Awards
  • Aussie Rules
  • Baseball
  • Basketball
  • Boxing
  • Cricket
  • Cycling
  • Darts
  • E-sports
  • Emmy Awards
  • Football
  • Golf
  • Handball
  • Hockey
  • Jai Alai
  • MMA
  • Motorsports
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Table Tennis
  • Tennis

Betting markets available:

  • Winner
  • Point Spread
  • Alternative Spreads
  • Over/Under
  • Futures (Super Bowl Winners, Wimbledon Champion etc)
  • Player Futures (MVP Bets, Top Scorers, Heisman Trophy etc)
  • Parlays
  • Live Betting
  • Game Props (Halftime Score, Total Number of Corners etc)
  • Team Props (Rushing Yards, Number of Passes, Possession etc)
  • Player Props (Layups, Shots on Target, Yellow Cards etc)

Teams To Bet On At DraftKings New Jersey

New Jersey residents are certainly not short of local teams to bet on. As well as the pro teams that are actually based in the state, there is significant crossover between NJ sports fans and the franchises in adjacent states. An overview is below:

  • In the NHL, the state is represented by the New Jersey Devils. The franchise arrived in NJ from Colorado in 1982, and since that time they have picked up five Conference titles and three Stanley Cups.
  • There are two NFL teams that, despite their name, play their home games in New Jersey, at the MetLife Stadium. The New York Giants are one of the oldest East Coast NFL teams, have been Super Bowl champions four times, and have 11 Conference titles. Their stadium-mates the New York Jets, have a single Super Bowl victory in 1968.
  • New Jersey has not had an NBA team since 2012, when the New Jersey Nets moved to New York to become the Brooklyn Nets. The Philadelphia 76ers’ training complex is located in Camden, NJ.
  • Despite several minor league teams, New Jersey does not have any MLB franchises. The closest teams are the Yankees and the Mets in New York.
  • There are a number of successful NJ colleges who take part in various NCAA sports, including the Scarlet Knights of Rutgers University, the Seton Hall Pirates and the Princeton Tigers. The first ever intercollegiate football game took place between Rutgers and Princeton, back in 1868.

DraftKings New Jersey Futures Bets


Futures BetDraftKings Odds
New Jersey Devils to win the Stanley Cup+900
New York Giants to win the Super Bowl+20000
New York Jets to win the Super Bowl+13000
Brooklyn Nets to win the NBA Championship+13000

History of DraftKings In New Jersey

New Jersey was pretty much ground zero for legal sports betting in the US. The state voted to legalize sports betting all the way back in 2012, but was in effect prevented from doing so by a piece of legislation called the Professional and Amateur Sports Protection Act. New Jersey’s legal challenge made it all the way to the Supreme Court by 2018, when PASPA was ruled unconstitutional and the path was clear for New Jersey (along with any other state) to launch legal sports betting.

Online sports betting launched in August 2018, with DraftKings becoming the first legal online sportsbook in the Garden State when it launched in the same month.

DraftKings New Jersey has been a big platform for DraftKings to build its success on all around the US, and today it has become the most popular sportsbook in multiple US states.

Get Ahead in the Game with DraftKings in New Jersey 

In many ways, DraftKings New Jersey was where it all started. Although it wasn’t actually the first state to debut legal sports betting, New Jersey was absolutely the driving force behind the removal of PASPA and the journey to the current landscape, where sports betting is legal in the majority of US states. DraftKings was the first online sportsbook in the Garden State, and it hasn’t looked back.

Today, DraftKings is easily one of the strongest platforms in the US. The $200 bonus for new players, which requires just a $5 deposit and first bet, is truly excellent, and the on-running promos and bonuses are great too.

It doesn’t really have any weaknesses, either. Deposits and withdrawals, variety of betting markets, software, and ease of use - DraftKings NJ is just a really excellent place to bet on sports in New Jersey.

You can click our registration link to sign up and claim your bonus now.

DraftKings New Jersey Promo FAQ

Is there a promo code for DraftKings in New Jersey?

No, there is no promo code required to trigger your DraftKings NJ welcome bonus.

Is DraftKings legal in New Jersey?

Yes. DraftKings is licensed and regulated by the New Jersey Division of Gaming Enforcement.

How to refer a friend on DraftKings New Jersey?

Every DraftKings NJ profile has a unique registration link, which you can send to your friend. When they use this link to sign up and make their first deposit, both you and your friend will receive a bonus of equivalent value.

How long is the welcome offer valid for?

DraftKings NJ’s current welcome offer expires in October 2023. However, DraftKings normally just refreshes the same bonus, or creates a similar one. As long as you sign up via our links, your welcome bonus is guaranteed.

How old do you need to be to bet in New Jersey?

You need to be at least 21 years old to bet in New Jersey.

Who is eligible for the DraftKings promo in New Jersey?

Anyone eligible to sign up to DraftKings New Jersey can claim a promo.

When was DraftKings New Jersey founded?

DraftKings was the first online sportsbook to launch in New Jersey, back in August 2018.

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AUTHOR

Loren Oller

34 Articles

Hailing from Atlanta GA, Loren is a gambling connoisseur and enjoys playing blackjack and other table games with his friends. Although he loves good ol' fashion casino games, he has recently immersed himself in the world of online sweepstakes and has a newfound love for social casinos. 

Loren keeps his finger on the pulse of the online gambling industry. From discovering and reviewing brand-new online casinos to breaking the latest developments in gambling legislation, his commitment to the community can never be questioned.

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