Online Sports Betting Sites in New Jersey

Are you tired of struggling to find reliable online sports betting reviews? As experts in the field, we understand the frustration of navigating through numerous options and encountering unreliable platforms. However, we promise to provide you with a solution to your problem. In this review, there is a handpicked selection of reputable online sports betting websites that offer a seamless and secure betting experience. Read on to discover the best NJ sports betting sites that will elevate your betting game to new heights.

Top New Jersey Sportsbook Promo Code

Sports fans in New Jersey have access to unique sports betting NJ promos. Whether you’re a beginner or an experienced sports bettor, a New Jersey sportsbook bonus is a great opportunity to boost your betting budget.

Online Sportsbook	Welcome Bonus Offer	Promo Code
Barstool	Up to $1,000 bonus bet	No code required
bet365	Bet $1, get $200 in bonus bets	No code required
BetMGM	Up to $1,000 in bonus bets	No code required
BetRivers	Up to a $500 bonus bet	SPORTS
Betway	Up to a $250 bonus bet	No code required
Borgata Sports	Deposit match up to $1,000 + $20	No code required
Caesars	Up to a $1,250 bonus bet	SBRBONUSFULL
DraftKings	Bet $5, win $150 in bonus bets	No code required
FanDuel	Bet $5, get $150 in bonus bets	No code required
Golden Nugget	Up to a $250 bonus bet	No code required
Hard Rock	No Regret First Bet up to $1,000	No code required
Unibet	Up to a $100 bonus bet	No code required
WynnBET	Bet $100, get a $50 bonus bet + $50 casino Bonus	No code required

How to Sign Up for a Best Sportsbook

1. Choose Your Preferred Sportsbook: Select a legal sportsbook that is available in your location. It is recommended to have accounts with multiple sportsbooks for line shopping.
2. Sign Up & Verify Your Identity: Fill out the required fields for a new sports bookie, including first and last name, email address, date of birth, home address (to verify your location), username, password, and last four digits of SSN. Some sportsbooks may also require additional proof of identification.
3. Input New User Promo Code: Take advantage of available promo and/or bonus codes during sign up. Understand the type of promotion you are signing up for and when you will receive your bonus.
4. Deposit Funds with Your Preferred Payment Method: Deposit funds into your account using options such as debit and credit cards, direct deposit via online banking options, e-wallets, or prepaid cards.
5. Place Your First Bet: Navigate to your sportsbook’s odds homepage, filter by sport or contest, select the line you want to bet, go to the bet slip, enter the wager amount, and submit your bet. If your bet wins, your account will be credited with the amount earned plus your original wager total. If the bet loses, your account balance will remain unchanged.

Top Tips for Choosing the Perfect Online Bet Site

As a gambler looking to engage in an online bet, it is crucial to find the right betting site that meets all your needs. Consider these important factors in your decision-making process.

• Reputation: Look for online bet sites with a strong reputation for treating customers fairly and providing reliable services.
• Liquidity and Safety: Ensure that the site has the necessary funds to cover any potential winnings and maintains high safety standards to protect your personal information.
• Prompt Payouts: Check if the site has a history of timely payouts to ensure a smooth betting experience.
• User-Friendly Mobile App: A user-friendly mobile betting app is vital for convenient and seamless betting on the go.
• Market Coverage: View the site’s market coverage of major sports leagues, popular sports, and college football to confirm it offers a wide range of betting options.
• Bet Types: Peek for sites that offer the types of bets you prefer, whether it is traditional bets, in-play betting, or other specific options.
• Bonus Offer Sports Betting: See if the site offers attractive sign-up bonuses or other promotions to enhance your betting experience.
• Multiple Account Sign-up: Signing up for multiple accounts with the best online bet sites can allow you to take advantage of multiple bonus offers and find the best odds for your desired market.
• Currency Options: Check if the site allows you to bet in your preferred currency, whether it’s dollars or other cryptocurrencies like Bitcoin.

By considering these factors and prioritizing your preferences, you choose the perfect online bet site that caters to your needs and offers a fantastic user experience.

How Betting Odds Work

Understanding American odds is crucial for improving betting chances and making informed wagers in the world of sports betting.

Let’s take an example to illustrate how American odds work: In Game 6 of the NBA Finals between the Golden State Warriors (+150) and the Boston Celtics (-175). The Warriors are considered the underdog, and the Celtics are the favorites. If a bookie places a $100 wager on the Warriors at +150 odds, they would win $150. However, the odds will scale according to the bettor’s wager. For instance, if someone bets only $50 on the Warriors at +150 odds, their total payout would be $75. On the other hand, if a bookie bets on the Boston Celtics, they would have to bet $175 to win $100. Negative odds, such as -175, also scale based on the bettor’s wager. For instance, a $50 wager on the Celtics at -175 odds would yield a payout of $28.57.

Diverse Betting Markets

Types of sports betting sites	Description
NFL Betting Sites for Football Enthusiasts	If you’re a football fan looking to bet on the NFL, there are dedicated NFL betting sites that cater to your passion. From regular season games to the Super Bowl, these sites offer a wide range of betting options for football enthusiasts.
Bet on MLB and the World Series at MLB Betting Sites	Baseball fans can enjoy betting on MLB games and the highly anticipated World Series at MLB betting sites. With various betting markets and odds available, you wager on your favorite teams and players as they compete for the championship.
NBA and NHL Betting Sites for Basketball and Hockey Fans	Basketball and hockey fans find specialized betting platforms for the NBA and NHL. From regular season games to playoffs, these betting sites provide opportunities to bet on various markets, including player props, game props, and more.
March Madness and Kentucky Derby Betting Sites for Thrilling Action	For fans of college basketball, March Madness betting sites offer a thrilling betting experience during the annual NCAA basketball tournament. And for horse racing enthusiasts, Kentucky Derby betting sites provide the perfect platform to wager on the iconic horse racing event.
Live Betting Sites for Real-Time Action	If you crave real-time excitement, live betting sites allow you to bet on sports events as they unfold. With dynamic odds and in-play betting options, make informed bets and take advantage of changing game situations.

Other Types of Betting in New Jersey

In addition to sports betting, New Jersey offers a wide range of gambling options for residents and visitors. These include:

• Horse Racing: New Jersey has three horse racetracks – Freehold, Meadowlands, and Monmouth Park – where players watch and wager on horse racing. Borgata is the only Atlantic City casino that offers pari-mutuel steed race betting. There are also numerous off-track betting locations throughout the state. Online steed race betting is available through platforms: AMWager, BetAmerica, Betfair Exchange, TVG/4NJBets, TwinSpires, and soon BetMGM.
• Daily Fantasy Sports: New Jersey residents participate in daily fantasy sports contests offered by platforms for instance Boom Fantasy, DraftKings, FanDuel, FantasyDraft, Monkey Knife Fight, and Yahoo Daily Fantasy. DraftKings and FanDuel are the most popular platforms with larger prize pools.

❗It’s necessary to always gamble responsibly and follow all local laws and regulations when engaging in any form of gambling. Stay informed about the latest rules and guidelines in New Jersey for safe and enjoyable online gambling sites.

What You Can’t Bet on in NJ

New Jersey has legalized several types of betting options, ranging from traditional sports to awards shows. However, there are certain bet types that are not legally accessible for NJ bettors. Here’s what you cannot bet on in New Jersey:

NJ College Sports

Betting on New Jersey college teams, such as Seton Hall, as well as out-of-state teams playing games within New Jersey, is not allowed. In the November 2021 general election, voters rejected the opportunity to amend the state’s constitution to permit bets on New Jersey college teams or teams from other states playing games in NJ.

Politics

The New Jersey Division of Gaming Enforcement does not permit betting on politics. Furthermore, it is vital to note that no U.S. state has legalized betting on politics.

As a responsible bookie, it is crucial to understand the legal limitations and restrictions on betting in your state to assure compliance with local laws and regulations. Always check and abide by the rules and regulations set forth by the relevant authorities to secure a safe and legal sports betting experience.

Esports Betting in New Jersey

Good news for esports fans in New Jersey. Esports betting was legalized in the state in 2021. However, it’s essential to note that not all NJ sports bet in NJ sites may accept wagers on esports events, as it depends on whether the events are approved by the Division of Gaming Enforcement. Nevertheless, there are some reputable sportsbooks that have previously accepted esports bets and are likely to continue doing so, including BetMGM, Borgata, Caesars, PointsBet.

Betting on Sports with Mobile Apps

Betting on sports has become increasingly popular through mobile devices, offering speed, ease, and convenience to users. The best betting apps sites now have dedicated apps NJ sports betting that provide a seamless and user-friendly experience. These apps incorporate all the features of the desktop version but are optimized for mobile betting site navigation. 

Live betting options are also available through these apps for in-game betting during ongoing matches. The software is designed to be slick, polished, and attractive on mobile devices, with minimal clutter and no crashes during critical moments. Our experts thoroughly test each betting site’s mobile app offer on iOS and Android systems across multiple devices to confirm functionality and performance before making conclusions.

Payment options: Deposit and Withdrawal

When evaluating sports betting sites, one of the most important factors to consider is the availability of different payment methods. It is important to choose a site that offers convenient and secure deposits for a smooth transactions.

💳 Available Method	💸 Minimum Deposit	💸 Minimum Withdrawal	🚀Payout speed
Skrill	$10	$20	1-3 days
PayPal	$10	$20	1-3 days
Visa	$10	$20	1-3 days
Bitcoin	$20	$20	1-3 days
Bitcoin Cash	$20	$20	1-3 days
American Express	$20	$20	1-3 days

Deposit options – convenience and accessibility

A good bookmaker should offer a wide range of deposits to suit different preferences. These can include major credit cards, cryptocurrencies, prepaid gift cards, and fast cash. E-wallets like Skrill, Neteller, and PayPal are also popular choices for easy and secure deposits. Cryptocurrency deposits like bitcoin are becoming increasingly popular in the online betting industry. It is necessary to choose a site that supports the deposit method that suits your needs and preferences.

Withdrawal – speed and stability

In addition to deposit methods, withdrawal options play a significant role in choosing a sports betting site. Bettors should look for sites that offer a variety of these chances, as well as evaluate the speed and consistency with which they process payouts. It is important to comprehend the terms and conditions associated with these functions in order to make informed decisions about the timely and efficient return of winnings.

Best NJ Online Sportsbook for Payouts

When it comes to sports betting, finding a reliable best online sportsbook website with favorable payout options is essential. Research and compare different online sportsbooks to find the one that offers the best payout options for your betting needs.

Based on the data collected for spreads, money lines, and totals in the major sports markets (NFL, NBA, MLB, NCAAF, NCAAB), the following sportsbooks offer the best overall average odds:

• BetMGM: Best average odds for NFL, NBA, and NCAAB.
• FanDuel: Top odds for MLB.
• DraftKings: Competitive odds across all sports markets.
• Caesars: Leading odds for NFL, MLB, NCAAF, and NCAAB.
• PointsBet: Least favorable average odds through all sports markets, particularly in totals.

Comparing NJ Online Sportsbook Odds

It is crucial for sports bettors to compare odds across different NJ online sportsbooks to ensure they are getting the best value for their bets. DraftKings has the best overall average odds, while Caesars offers competitive pricing in specific sports markets. On the other hand, PointsBet tends to have higher average odds compared to other sportsbooks.

According to the data provided, here is a summary of the best average odds by bet type sportsbooks:

• Moneyline: Caesars offers the best average money streak odds in general, with the best odds through several leagues including NFL, MLB, NCAAF, and NCAAB. PointsBet has the least favorable overall average cash line odds through sporting markets.
• Spread: DraftKings and PointsBet provides the best overall average spread odds across sports markets, despite league edges being fairly distributed among books.
• Totals: BetMGM and FanDuel tie for the best average totals odds overall through sports markets. Caesars has the best odds for most leagues, including MLB and NCAAF. PointsBet features the few favorable overall average totals odds across sporting markets.

Ranking of Top NJ Online Sportsbooks for NFL Spread Odds

It is important to note that odds may vary depending on the sportsbook and the specific bet type, so it’s always recommended to shop around and compare odds from multiple sportsbooks to find the best value for your bets.

According to the data compiled by the team, here are the rankings of the top five NJ online sports books in terms of pricing for NFL spreads for both favorites and underdogs:

NFL Favorites Odds:

• Caesars offers the best odds for NFL favorites 28.9% of the time, making it the top choice.
• BetMGM, FanDuel, and PointsBet also provide competitive odds for favorites, but they are not as consistent as Caesars.
• DraftKings is the least favorable option for presenting the best odds on NFL favorites, only doing so 5.8% of the time.

NFL Underdogs Odds:

• DraftKings and FanDuel are tied for the best odds on NFL underdogs, with both offering the best odds around 29% of the time.
• PointsBet also provides favorable odds for underdogs, but not as consistently as DraftKings and FanDuel.
• Caesars and BetMGM are at the bottom in terms of presenting the best odds for NFL underdogs.

It’s important to note that these rankings are based on the data provided and may vary depending on factors, for example, the specific NFL game, the point spread, and other variables. It’s always recommended to shop around and compare odds from different sportsbooks to get the best value when betting on NFL spreads.

Pros and Cons

It is very important for players to consider all the pros and cons of live sports betting in New Jersey when choosing a bookmaker and make informed decisions to improve their betting experience. Therefore, we have described all the advantages and disadvantages of sports betting below:

✅ Pros	❌ Cons
Convenient online accessibility and registration.	Limitations or bans on sharp bettors and accounts.
Diverse options for sports betting in NJ.	Challenges with geolocation software during sign-up.
Abundance of online sportsbook promotions.	Wagering requirements associated with sign-up bonuses.

New Jersey’s Success in Sports Betting

New Jersey made history in 2021 by becoming the first state to surpass $10 billion in annual sports betting handle, with a total of $10.93 billion and $815.7 million in sports betting revenue. The state also achieved an impressive milestone in December 2021, marking the fourth consecutive month with a handle of over $1 billion in the online sports betting market.

In January 2022, New Jersey set a new all-time record with $1.35 billion in sports betting handles, despite facing competition from neighboring New York, which had just launched legal best online sports betting sites. The unprecedented success of NJ sports betting is reflected in the year-over-year monthly handle, which continues to grow.

Yearly breakdown:

Year	Total Handle	Revenue	Hold Percentage	Tax Revenue
2022	$10.94B	$762.9M	6.9%	$97M
2021	$10.93B	$815.7M	7.4%	$100M
2020	$6B	$398M	6.6%	$50M
2019	$4.6B	$299M	6.5%	$39M
2018	$1.24B	$94M	7.5%	$11M

Conclusion

As the largest earner in the country, New Jersey sports betting continues to set the standard for legalized gambling. With best sportsbooks to choose from, bettors in New Jersey have access to a wide range of options, including live betting, prop bets, and same-game parlays. In a highly competitive market, New Jersey online betting sites remain at the forefront of innovation, offering a top-class experience for sports bettors.