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DraftKings New Jersey Promo Code: Bet $5 Get $150 Bonus Bets With DraftKings Sportsbook in NJ

Last Updated on 25/10/2024
Fact checked by: Mark Lewis

draftkings bonusDraftKings is now offering its sports betting services to users in New Jersey - which is great news as it means sports fans in the state now have access to one of the most comprehensive sportsbooks on the market!

Not only is DraftKings one of the most respected names in the sports betting industry, but it is also known for its generous promotions and special offers. If you want to find out more about the current DraftKings New Jersey sportsbook bonus, then the following review will tell you what’s included and what you need to do to claim it.

A snapshot of the DraftKings New Jersey sportsbook promo

The DraftKings New Jersey sportsbook promotion consists of a deposit bonus. When you first add funds to your gaming wallet, you’ll receive 20% of that amount in bonus funds, up to a maximum value of $1,000 (which would require a $5,000 deposit). A suitable introduction to a mainstay of our NJ online sportsbook list!

Claiming the bonus

To claim the DraftKings New Jersey sportsbook bonus, all you need to do is make an initial deposit of $5 or more. You will then have the opportunity to unlock up to the equivalent of 20% of that amount in bonus funds.

We say ‘opportunity’ because the funds aren’t awarded at once. Like with the DraftKings Illinois sportsbook promo, you have to meet the playthrough requirement to unlock the full amount. For this promotion, the playthrough is $25 in wagers for every $1 of bonus funds. This means that if you claimed a $20 bonus, you’d need to bet $500 to unlock the full amount.

You get 90 days to meet this requirement, after which any remaining bonus will be written off. Wagers made on DraftKings casino and fantasy sports can also count towards the requirement.

Our top tips for using the DraftKings bonus

Time your deposit wisely

The DraftKings New Jersey sportsbook promotion is certainly a tempting offer, but given the 90-day time limit on the playthrough requirements it's a good idea to try and time your first deposit with a time when you know lots of sporting events are coming up - this will give you a much better chance of unlocking more bonus funds.

Stick to a plan

Any long-time sports bettor will tell you that it's a good idea to stick to a plan of some kind. This doesn’t have to be anything complicated - it can be as simple as a weekly budget or betting schedule. This way, you’ll be able to keep track of your spending and make sure things stay under control.

Keep track of your bets

Related to point two, it’s a good idea to keep track of your bets. Firstly, this will help you in developing any strategy you might want to come up with and secondly, it will allow you to keep track of how much of your allotted bonus is left to unlock.

Don’t commit more than you intended

You should always bet within your means. Even though bigger bets will unlock more bonus funds, ultimately lost funds are lost funds the idea is to pick your bets carefully. Never commit more than you intended just to chase the bonus.

Check your bets are eligible

A final pointer - not all bets count towards the playthrough requirement of the DraftKings New Jersey sportsbook bonus. Whilst you can bet on all of the DK platforms, you need to make sure that any sports bets or daily fantasy contest bets have -300 odds or longer.

DraftKings New Jersey Sportsbook bonus FAQ

Can I claim the offer using the DraftKings New Jersey app?

The DraftKings New Jersey sportsbook app has almost exactly the same functionality as the website and the DraftKings Indiana sportsbook app too. So you will still be able to claim the welcome bonus even if you sign up using a mobile device.

What happens if I don’t complete the playthrough requirement in 90 days?

If you fail to unlock your full bonus entitlement within the 90-day window, then any outstanding amount will be forfeited.

Who can claim the DraftKings New Jersey sportsbook bonus?

The DraftKings New Jersey sportsbook promotion is open to all new users. This means that you cannot claim the bonus if you already hold an account with the platform.

Can I use the bonus on other DraftKings platforms?

The DraftKings bonus can be used across operator’s sportsbook, daily fantasy contest and casino platforms, which makes it a very versatile bonus and suitable for casino and sports fans alike.

How much do I need to deposit to claim the bonus?

The welcome bonus offer has a minimum $5 deposit. Whilst you can deposit as much as you like (subject to checks over a certain amount), the bonus has an upper limit of $1,000, so if you deposit more than $5,000 you won’t receive additional bonus funds.

Keep playing for more rewards

DraftKings has a reputation for offering great promotions and these continue once you’ve completed the sign-up offer. Most notable is the ongoing Daily Rewards program, where you can accrue Crowns for each dollar you spend on the platform. These Crowns can then be saved to put towards other promotions, prizes and special offers. Plus we wouldn't be doing our job unless we told you all about that massive DraftKings New Jersey casino bonus!

DraftKings bonus conclusion

So that brings us to the end of our overview of the DraftKings New Jersey sportsbook promotion. We think this is a great offer and we should note that there are similar deals elsewhere with the  bonus found in our DraftKings Iowa sportsbook review being a great example. If you are intrigued by the platform, then a welcome bonus is the perfect way to try it out with some additional bonus funds thrown into the mix. Alternatively, if you’re still undecided, why not check out our DraftKings New Jersey sportsbook review.

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DraftKings New Jersey sportsbook bonus FAQ

☝🏻 Is DraftKings New Jersey sportsbook promo available for users in New Jersey?

DraftKings is available in several states and the platform is always looking to expand wherever legislation allows. All the states that DraftKings currently operates in are detailed on the website.

🤔 How do I sign up for the DraftKings New Jersey sportsbook bonus?

Different offers have different requirements and whilst DraftKings doesn’t require a bonus code for its offer, there are a few things you need to know before claiming the sign-up offer. Full details can be found in our DraftKings New Jersey sportsbook bonus review.

🏉 Can I bet on the NFL with DraftKings?

DraftKings is well known for its extensive sportsbook, featuring numerous domestic and international events. To find out exactly what you can bet on, check out our DraftKings New Jersey sportsbook review.

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