DraftKings New Jersey Promo Code for February 2024

$50 Bonus Bet
+ $1,000 Bonus On Deposit - T&C's Apply
4.9





Overall
Bonuses and Promotions





4.5
Odds VS. The Competition





5.0
Market Depth & Variety





5.0
Deposit & Cash Out





4.8
Mobile App





5.0

DraftKings Sportsbook NJ is one of the premier sportsbooks in the Garden State. There is a big crowd of online sportsbooks active in New Jersey right now, but DraftKings does, indeed, stand above the crowd.

Part of the reason is the intelligence behind the app. The app’s algorithm breaks down each match into tiny bite-sized betting options. So, each play, point, or beat in a game is a wagerable event. The result is that there are hundreds of betting opportunities on DraftKings at any given time.

So, a visit to DraftKings means finding something that appeals to every player. However, if you’re still not convinced, check out the new player bonuses below.

Strong App
Risk-Free Bet
Banking Options

App preview

 

DraftKings New Jersey Sportsbook Promo Code For February 2024

For new players who sign up at DraftKings Sportsbook NJ, there is a welcome bonus offer available worth up to a combined $1,250.

First, you will get a $50 bonus bet on your first deposit of at least $5.

On top of that, DraftKings also offers new signups a 20% matched deposit bonus worth up to $1,000.

DraftKings NJ Sportsbook Promo Code  
Claim at DraftKings Sportsbook NJ: Click to claim promo
Total Bonus Up to $1,250
Bonus Bet Offer $50 Bonus Bet on first deposit
Deposit Bonus 20% up to $1,000
Physical Casino Partner Resorts Casino Atlantic City
Last Verified February 2024

See DraftKings NJ Sportsbook In Action

DraftKings Promos
DraftKings NFL Betting Lines
4.5





Promos

DraftKings Sportsbook Promo Code For Existing Users

The offers don’t stop at the welcome bonus, although it’s a great indication of what’s to come. The DraftKings promos for existing users include the following deals in February 2024:

  • NBA No Sweat SGP: On select days, bet an NBA same game parlay and receive a bonus bet back if you lose.
  • Wrangler Big Game Squares: Play a free squares game for your chance at $57K in total prizes.
  • Profit Boosts: Take advantage of regular Profit Boosts, sometimes up to 100%. Many of these are only available for one day, so make sure to keep checking back regularly.
  • Daily FREE-TO-PLAY Pools: Climb the leaderboard and win cash prizes.
  • Same-Game Parlay Boosts: Look for the green megaphones next to the sports to find the same-game parlay odds boosts and quick picks.
  • $100 Friend Referral: Share your refer-a-friend link to score yourself a free $100 when the friend signs up and deposits.

Track Your Deposit Bonus – New Customers First Deposit – $50 Bonus Bet On Deposit – $1,000 Deposit Match 

Made your first deposit? DraftKings lets you track the release of your bonus from your first deposit. Now you can easily see how much bonus you’ve earned, helping you maximize the release of funds. The more you play, the more funds you can earn up to $1,000.

New to the sportsbook? Make sure to claim the $50 bonus bet when you deposit $5 or more, plus a 20% deposit-match bonus up to $1,000. Sign up at DraftKings Sportsbook to claim today.

5.0





Odds

You want it? They got it. The options at DraftKings are almost endless. This is like a cruise buffet for sports betting. Let’s get to what’s new first.

In-game Betting

It’s difficult to follow games that aren’t compelling. Preseason football sees quarters of action from players who will most likely not be around next month. Scores can get out of hand. What did DraftKings Sportsbook NJ do about this?

In-game betting. Yep, prepare to enter the Upside Down.

Missed the opening pitch or first quarter? No worries. Jump in at any point of a live game and get some action. You can bet spreadover/under, and money line on football, baseball, soccer, even tennis. You like Javy Baez to get a hit in this at-bat? You can bet that. Like a prop or a price? Get it NOW. The lines and prices move with each out, first down, serve, and substitution.

This option has taken European betting by storm and could drastically alter the way you consume sports. One major caveat: The vig is substantially higher than pre-game bets. It’s more like what you see in lopsided fights.

Cashing Out Existing Bets

Another unique feature to the DraftKings Sportsbook app is the ability to cash out an existing bet. You can open a single-bet, parlay, or prop and at any time before the event is settled, decide to bail.

You get almost all your money back (DK keeps a small percentage) if you’re winning or losing. If you close out before an event starts, you will not recover the full amount of your original bet. This is available in select sports.

Traditional Bets

Prefer the more traditional approach of betting a contest before it actually starts? Don’t worry, DraftKings Sportsbook NJ likes your style.

You can go single-game, parlay, alternative line bets, game segments, or round robins. Pricing was an early gripe compared to established brands. DraftKings liked the Phillies against the Mets on Sunday Night Baseball (-240) more than the prices listed on ESPN.com (-210).

And the vigs are still high compared to the physical sportsbooks.

And the prop bets. Oh, the prop bets. It’s like Gallagher and Carrot Top decided to run a sportsbook. Hundreds of futures, in-game, and other options. The possibilities increase exponentially when you get to international soccer. It all looks shiny and tempting but please do your research.

There’s a reason props are also called “sucker bets.”

5





Depth

DraftKings has virtually every pro sport competed in North America and Europe. It also has a variety of options for college football and college basketball.

  • Baseball / MLB
  • Basketball / NBA
  • Football / NFL
  • Hockey / NHL
  • MMA / UFC
  • Golf / PGA
  • Other Sports / Leagues
    • Boxing
    • Cricket
    • Cycling
    • Darts
    • Motorsports
    • Rugby Union
    • Soccer
    • Tennis

One noticeable peculiarity is while there are futures for events ranging from the Super Bowl to the NCAA Tournament champion to the 2022 Masters, even the 2024 men’s hockey world championships, single-game bets come only one schedule at a time.

4.8





Cashout

How To Deposit At DraftKings New Jersey

DraftKings Sportsbook now offers PayPal as a deposit option. This brings DraftKings sports betting up to speed alongside its competitors in the nascent NJ online sports betting market.

You can also deposit from a checking account or with any major debit or credit card. The billing address doesn’t have to be in New Jersey. Check with your bank to see if it has any restrictions.

The minimum deposit amount is $10 with the current list of available deposit options at DK Sportsbook as follows:

  • PayPal
  • Credit/debit card
  • Bank transfer 
  • Play+ Prepaid
  • Skrill
  • Wire
  • ECheck/ACH

Withdrawal Options

Go to your profile, scroll down, and click “Withdraw.” You can withdraw some or all of your funds. Money can go back to the card on file or return via check.

5.0





App

DraftKings Sportsbook app is available for Android or iOS devices. Download either directly from the sportsbook via our links on this page.

You can also access the book from your DraftKings DFS account via a browser. Look for the sportsbook tab on the top left of the main DraftKings page after logging in. The platform will prompt you to install a location plugin to verify your location (for mobile, just turn on the location tool on your phone).

The software for DraftKings sports betting is powered by Kambi, a well-known sportsbook operator based out of Europe. Kambi also powers two other NJ sportsbook apps.

Since the DraftKings Sportsbook is only sanctioned in New Jersey right now, you have to be verified you’re in the state to use it. Sessions will end if you log in, then leave the state’s boundaries.

Also, as per state rules, the site will send you an email every time you log in. It’s a good way to protect consumers.

How To Log In At DraftKings Sportsbook NJ

Have a DraftKings account? You’re in.

Once you download the app or access the site, use your login credentials. If you don’t, it’s fairly simple. Create an account with your email and password or your Facebook info. Your account info will work on both desktop and mobile platforms.

4.9





Overall

Part of the reason that DraftKings is a cut above centers around its innovative app design. The Kambi product allows a greater degree of flexibility and control than sports bettors have typically had before. For instance, every DraftKings player will launch the app and find a custom betting carousel. This wheel suggests betting options for each player based on his or her betting history and selected preferences. So, every player’s DraftKings is different. However, the app’s in-game betting system appeals to everyone.

DraftKings also offers competitive odds for a wide range of sports. Its opening bonus is attractive and measures up well against other operators in the industry. Name recognition is just an extra plus for anyone who is concerned about the security behind the app, as such a large company has an interest in protecting its reputation. Deposit and withdrawal options are aplenty and users even have the option of transferring funds between their sports betting account and their DFS account (and earning rewards points along the way!).

Is DraftKings A Safe Sportsbook?

Yes. In fact, it’s one of the most legitimate sportsbook operators in the industry for a few major reasons:

  • DraftKings has been in business for many years and is based in Boston, Massachusetts. It operates in nearly a dozen other states, so it already has a history of providing good service and staying in the good graces of several regulatory organizations
  • DraftKings uses SSL certification and other digital security measures to protect your information and your winnings from hackers or other cybercriminals
  • DraftKings makes all of its betting lines using official league data and professional line makers (statisticians that formulate odds to provide good payouts for both underdog bettors and favorite bettors)

Why Choose DraftKings Sportsbook Over Illegal Betting Sites

Compared to illegal betting sites, DraftKings has much more quality and security. Indeed, offshore betting sites often put your personal information at risk. This isn’t something you can afford to ignore, especially in this day and age of increased identity theft.

Illegal betting sites lack the quality of betting odds that DraftKings provides. Winning a wager on an offshore betting site could result in a lower payout than if you put your money down on a DraftKings betting line for the same event. There’s also no guarantee that you’ll receive your winnings, considering that offshore sites are not legally accountable to any regulatory agency.

Can I Trust DraftKings Sportsbook With My Money?

DraftKings does a great job of keeping its users’ personal information and winnings secure. As detailed on their website, they maintain a very competent security program, including safeguarding all user information by SSL or secure socket layer encryption. You can tell this is in effect when you open the app or visit the DraftKings desktop site and see a padlock symbol in the browser address tab.

You can always contact their customer support for more information about their detailed security processes.

DraftKings Daily Fantasy Sports

You can link your DFS and sportsbook accounts. You can also transfer winnings and deposits between the two sides.

However, if you deposit money in your DFS account, you have to use it on the DFS site before you use it in the sportsbook. If you want to bet on sports, deposit through the sportsbook first.

Learn More About New Jersey Sports Betting: DraftKings

Property (Online) Online Revenue Retail Revenue May Total
Bally's (Caesars, 888) $235,674 $119,583 $355,257‬
Borgata (playMGM, Borgata Sports) $119,054 $50,768 $169,822
Golden Nugget (BetAmerica, GN Online) -$16,957 $46,688 $29,731
Hard Rock (Hard Rock online) -$39,064 $135,167 $96,103‬
Harrah's ----- $67,115 $67,115
Meadowlands (FanDuel, PointsBet) $7,865,591 $796,469 $8,662,060‬
Monmouth (William Hill, now Caesars, SugarHouse) $817,499 $537,593 $1,355,092‬
Caesars (Ocean Resort) $625,785 -$21,891 $603,894‬
Resorts (DraftKings, BetStars, Resorts Online) $4,103,394 -$12,138 $4,091,256
Tropicana (William Hill, now Caesars) $8,583 $97,471 $106,054‬
TOTAL $13,719,559 $1,816,825 $15,536,384‬

If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537). Gambling problem? Call 1-800-GAMBLER (NJ/WV/PA/MI/VA), 1-800-9-WITH-IT (IN), 1-800-522-4700 (CO) or 1-800-BETS OFF (IA). 21+. NJ/PA/WV/IN/IA/CO/IL/TN/MI/VA only.

If you’re in New Jersey, call the Problem Gamblers 24/7 hotline at 1-800-GAMBLER. Licensed by the New Jersey Division of Gaming Enforcement. Eligibility restrictions apply. See draftkings.com/sportsbook for details.

DraftKings New Jersey FAQs

What are the age requirements for betting on sportsbook apps?

You have to be 21 or older to bet, just like at the physical sportsbooks.

Can you access the DraftKings Sportsbook app outside New Jersey?

You can manage your account out of state, and even deposit or withdraw funds. You can’t bet outside of New Jersey, however.

Log in using your DraftKings NJ Sportsbook promo code from anywhere and see what odds are available at any given time. But NJ law requires you to be inside the state in order to place a bet.

Do you have to be a New Jersey resident?

You don’t have to be an NJ resident to bet, you just have to be in the state when you bet. (Might be a good time to memorize the PATH or PATCO schedules, depending on which side is closer to you.)

What are the parlay options at DraftKings?

Not all bets are available for parlay (like betting a team to win the division AND advance to the league finals).

Can events change or be removed?

Events can be taken “off the board” just like at regular books.

How can I contact DraftKings Sportsbook?

If you have questions, ask. DraftKings social media team is pretty responsive, especially on Twitter where we were able to interact with the DraftKings team. You can also email them.

About the Author

Amber Hoffman

Amber is the Managing Editor of NJ Gambling Sites. She writes for a variety of websites in diverse industries, including gaming and travel and is a fan of international football (not "soccer") and Gaelic sports.