DraftKings Sportsbook NJ Review, Bonus Offers & Promo Codes
After years as a pioneer and leading company in the daily fantasy sports (DFS) industry, DraftKings joined primary rival FanDuel in the new legalized sports betting space in New Jersey, and they are now leading the way in real money NJ sports betting online.
DraftKings Sports Review 2019
The company launched the first legal NJ sports betting app in New Jersey in August, accepting real-money sports bets from NJ bettors statewide starting Aug. 6, 2018.
DraftKings Sports has quickly become one of New Jersey’s leading online bookmakers. Despite a rocky start as legal eagles got their heads around Daily Fantasy Sports (DFS), DraftKings has since become a household name. With a presence in 21 states (as of June 2019), this operator has not only established a reputation for excellence but quality and trust.
Today, thanks to its status in the US and Europe, DraftKings has paid out over $5 billion to nine million+ customers since 2012. For us, that’s not only a sign this online sportsbook is legit, but that it’s capable of offering a world-class service. Indeed, by providing a combination of DFS pools and real money sports betting, DraftKings offers a more comprehensive service than almost all of its peers.
With that in mind, we’ve put together a DraftKings Sports review to show you why this is one of New Jersey’s leading operators. Covering everything from free bets to the rewards serial speculators can earn, our DraftKings Sports review will lead you directly to the good stuff. Of course, we’re not here to flatter anyone which is why we’ll call it as we see it.
If something isn’t quite right or there needs to be improvements, you can count on us to highlight it. By providing an honest DraftKings Sports review, we believe you’ll have the power to make an informed decision and, in turn, enjoy the best sports betting experience possible. So, without any further ado, here’s our guide to DraftKings Sportsbook map and all it has to offer.
DraftKings Sports Bonus Offers
When you follow our secure link and create your first account, you won’t need any special DraftKings Sports promo codes. Because our link identifies you as a NJBetting.com user, you’ll automatically receive our exclusive DraftKings Sports welcome bonus.
For those who a prone to making mistakes or missing important details, that’s clearly a huge positive. Put simply, as long as you use our registration link and input your details, you’ll receive some free bets without using a DraftKings Sports bonus code. Simple!
$25 Free For Joining
50% Bonus Up To $500 + Up To $200 Risk Free Bet.
- Users must create or log into their DraftKings Sportsbook account and make a deposit
- DraftKings will match 50% of the deposit amount up to $500 total for all users (Please note: some bonus funds are released instantly, and the rest require playthrough)
- 10% of that bonus is available instantly and 90% requires some play through (for every $25 played, the user earns $1).
- Additionally, DraftKings will match your first bet with a risk-free bet up to $200
DraftKings Sports Promos – 2019
When it comes to sports betting promos, DraftKings Sports is more than capable of challenging the likes of BetStars, 888sport and Caesars. For starters, the $25 free bet and $500 risk-free wager match or exceed almost every other NJ sports betting bonus offers. In fact, the only two sites that outdo DraftKings are Resorts and Hard Rock as they both offer newbies a matched bet worth up to $1,000.
Beyond the DraftKings Sports welcome bonus, regular customers get access to a full range of promos. From matched bets and freebies to cashout options, this site offers a serious amount of value. In our opinion, DraftKings Sports actually feels more like a European betting site due to the variety of promotions it offers.
DraftKings Sports New Player Bonus
As a new customer, you’re entitled to the DraftKings Sports welcome bonus. Firstly, when you follow our sign-up link, you’ll receive a $25 bet just for creating an account. Once you’ve used that and made a deposit, your first real money wager will be matched up to $500. In simple terms, this means you’ll receive a bonus bet up to the value of $500 based on the size of your initial wager.
In terms of using your free bets, DraftKings Sports stipulates the following:
- Your $25 free bet will be given to you as five separate bets worth $5 each.
- Free bets must be used within 30 days.
- You are free to use these bets on any valid market.
- Your free bets are non-redeemable, non-transferable and non-refundable. This means that if your free bet is successful, you only receive the profit back in real cash and not your stake.
The same conditions apply to your $500 risk-free bet. Once you place your first bet, an equal amount in bonus cash will be credited to your account and subject to the same conditions listed above.
How to sign up for a DraftKings Sports account?
DraftKings Sports is linked to DraftKings DFS and Casino. Because of this, you can use the same account to access all three services. Additionally, DraftKings Sports has dedicated iOS and Android apps for those who want to play the odds via mobile.
To join DraftKings Sports, here’s what you have to do:
- Follow our secure sign-up link.
- Enter the following details: desired username, email address and a password. If you have a DraftKings Sports promo code (you don’t need one), you can also enter it here.
- Tick the box saying you agree to the terms and conditions of the site and click next.
- Verify your identity by providing your full name, address, date of birth and the last four digits of your social security number (SSN).
- Once the system confirms your identity, you’ll be asked to secure your account and then verify your location. It’s at this point you’ll need to install the GeoComply plugin to your browser.
- When you’ve shown you’re a US resident and based in New Jersey, you’ll be given a new DraftKings Sports account.
DraftKings Sports New Player Bonus
As we’ve said, you don’t need a DraftKings Sports promo code to unlock the two-stage welcome reward. By completing the steps below, you’ll receive up to $575 in added value as a new customers:
- Follow our secure sign-up link to DraftKings Sports.
- Input your personal details, confirm your location and that this is your first and only account with DraftKings Sports.
- Once you’ve verified your account, a $25 free bet will be gifted to you.
- After using this on any valid single or multiway wager, make a deposit.
- When your deposit has been processed, place a real money bet up to the value of $500 and DraftKings Sports will match it.
- Any reward you receive will be credited as bonus cash and non-redeemable.
However, anything you win from either of your DraftKings Sports free bets will be yours to keep without any wagering conditions.
DraftKings Online Sportsbook Free Bets
In addition to the DraftKings Sports welcome bonus, existing customers can collect free bets on a regular basis. The main way this operator hands out gratis wagers is through insurance payouts and betting targets.
For example, the Summer of Soccer promo gave fans the chance to receive $10 free when they bet on three major soccer tournaments. Similarly, the MLB 5+ Run Insurance offer is a chance to get up to $25 back as a free bet if their pick scores 5+ runs but loses.
What’s great about these offers is that they’re seasonal. Taking inspiration from Europe’s leading online sportsbooks, DraftKings has made it possible for you to extract more value from the day’s top events. Whether it’s the soccer World Cup, the NFL playoffs or the NBA finals, this operator tailors its free bet offers to suit what’s hot on the market. That, for us, is something seasoned sports fans should be impressed by.
DraftKings Sports NJ Loyalty Rewards
In addition to free bets, DraftKings Sports is always looking to give loyal customers some extra value. In fact, the way in which it does this really stands out. Unlike other New Jersey online bookmakers, DraftKings Sports goes beyond the standard “bet X, get Y” dynamic and gives you extra in some interesting ways.
For example, when you scan the daily markets, you’ll find a selection of boosts. Essentially taking the current odds and making them even more lucrative, this system is perfect for regulars who want the best price possible. Additionally, DraftKings Sports offers pools and cashouts. The former allows you to pay a small amount to join a pool of likeminded bettors. If your picks are more successful than the rest, you’ll win a much larger prize than you would normally.
When it comes to cashouts, this system has been copied from Europe’s biggest sportsbooks. Put simply, if you make a multiway wager, cashouts allow you to take a price to end the bet early. This is particularly useful for experienced customers who can sense when something is about to go wrong. Essentially, this system allows you to lock up a profit before one part of your multiway bet lets you down.
Who is Eligible for a DraftKings Sports Account?
DraftKings Sports is open to anyone in New Jersey that’s aged 21 or older. In order to create an account, you must be within state lines. To ensure it stays within the law, DraftKings Sports insists you download the GeoComply plugin when you create your first account. Without this, you won’t be able to access the site and place real money bets.
DraftKings Sports Betting Software
DraftKings Sports made the decision to partner with Swedish software provider, Kambi. Regarded as one of the up and coming names on the European sports betting scene, Kambi has endowed DraftKings with some neat features. Perhaps the most impressive one we found during our DraftKings Sports review was the pop-up.
When you first log in to the site, a pop-up appears and offers you some help. If you accept the offer, a new boxout appears with a quick start guide. Covering everything from the odds you’ll see to the common phrases used in sports betting, this guide is a great tool for novices. Of course, if you’re an experienced bettor, you won’t need this. However, with the market still in an embryonic state, we felt this added extra was a great addition to the site.
Once you’re in the mix, everything has been optimized for desktop and mobile use. This means page elements are free to move, resize and, if necessary, disappear from view to ensure you always have a clear overview of the odds. Beyond that, you’ll be able to track the latest sporting events via the main menu and switch the odds format from American to decimal or fractional.
If that’s not enough, the wealth of data DraftKings Sports provides should be. Inside your account, you’ll be able to track all your activity using the MyBets tab. By giving you easy access to your entire betting history, DraftKings Sports has made it easy for you to spot any leaks and identify your strengths.
In tandem with reviewing your own results, you can track the latest scores and even get expert advice via the DraftKings blog. When you piece all of these elements together, DraftKings Sports is giving you every opportunity to achieve the best win rate possible.
DraftKings Sports App
The official version of the DraftKings Sportsbook app was revealed Aug. 3. In addition to the most common and popular forms of sports bets, numerous in-game betting opportunities are available as well.
When the curtain lifts on DraftKings online sportsbook, expect to see a large variety betting options.
DraftKings Sportsbook: Types of Bets
When you use the DraftKings Sports desktop site or mobile app, you’ll be able to place singles, multiway, money line bets and more from as little as $0.01 on the following sports.
Inside DraftKings Sports you’ll find a selection of bet types. Pre-event singles are the most popular and come in a variety of flavors. Additionally, you’ll find multiway and in-play options across the most popular sports, including baseball, football and basketball. As a guide, some of the common options inside DraftKings’ sportsbook are:
Point spreads: Bettors will be able to wager whether the favorite in an athletic contest will be able to win a game by at least the margin of victory the sportsbook is predicting — aka the spread. Conversely, they can bet whether the underdog will win the game outright or lose by fewer points than the sportsbook’s predicted margin. In other words, beat/cover the spread.
Money Line Bets: The simplest bet, money line wagers are when you’re picking a team to win irrespective of the score. This means you don’t have to worry about point spreads or anything like that. If you think an individual or a team is going to win, you back them using a money line bet.
Props: Prop bets are essentially yes or no propositions. For instance, the prop might be: will the Eagles score three or more touchdowns in a game? If you think they will, you take the over. If you don’t think they will, you take the under. Props can be applied to teams, games and individuals. The most popular event for props is the Super Bowl.
Multiway/Parlays: In the UK, these bets are known as accumulators because the odds you receive are an accumulation of all outcomes you select. To be classed as a multiway bet, you’ll need to make three or more picks. For example, if you were betting on the NBA finals, you might pick the Lakers, the Bulls and the Warriors to win. The price you’re offered will be a combination of each team’s individual odds and then a bit more.
Why a bit more? Simple: if one of your picks loses, the whole bet loses. In other words, you’re given long odds on multiway bets because you need every part of it to come in. Now, the beauty of DraftKings Sports is that it offers cashouts. So, if the Lakers and Bulls both won and you felt like the Warriors were going to let you down, you could settle the bet early for an agreed price.
In-Play Bets: These are also known as live bets and are wagers you can make as a game unfolds. For example, in an NFL clash, DraftKings may offer an in-play bet on the next player to score a touchdown. Based on the previous action and in-game dynamics, the odds makers will set a line for the most likely candidates. Naturally, as things progress, the odds will change. This is the beauty of in-play bets as they allow you to use your reading abilities to capitalize on potentially profitable situations.
Totals: Bettors will be able to wager on whether two teams in an athletic contest will score more or less combined points than that which the sportsbook is posting as its prediction.
Futures: As the name implies, futures involve wagers that are typically placed on a team’s final record/standing at the end of a season. These are usually offered with straight odds or a moneyline and involve propositions such a team winning a division, conference or league championship.
Markets Offered at DraftKings Sports NJ
DraftKings offers the widest variety of sports, leagues and games in New Jersey. The DraftKings Sportsbook will include the following menu:
- Baseball (MLB)
- Basketball (NBA)
- Golf (PGA)
- Hockey (NHL)
- Football (NFL)
- Mixed martial arts (UFC)
- Rugby Union
DraftKings Sports Pricing and Odds
During our DraftKings Sports review, we compared the odds it offered on certain events to those over at Caesars Sports. What we found is that they were fairly even. Comparing an MLB showdown between the Phillies and the Mets, DraftKings Sports had the same money line price (-152) on the Phillies as Caesars. However, when it came to the Mets, Caesars Sports was slightly better at +142 compared to +133.
While it would be nice to see DraftKings Sports close the gap here, it’s not all bad. As we said early in this DraftKings Sports review, daily odds boosts can help you extract more value from the top events. Although it may only up the odds by a few points, our analysis suggests that’s enough to put DraftKings Sports on par and, in many cases, above its rivals when it comes to betting odds.
Banking options at DraftKings Sports
DraftKings Sports is a regulated NJ sportsbook. In practice, this means every transaction is protected by SSL encryption software. What’s more, the New Jersey Division of Gaming Enforcement (NJDGE) is on hand to ensure your protected at all times.
Deposits at DraftKings Sports
All deposits at DraftKings Sports are processed instantly. To credit your account with at least $5, you can use one of these methods:
- Debit Card
- Credit Card
- Bank Transfer
- Play+ Prepaid Card
Withdrawals at DraftKings Sports
Withdrawals are typically processed and returned to your nominated payment method within two to eight days. The minimum withdrawal is $20 and you can choose the following processors:
- Bank Transfer
- Cage Pick Up
How to Contact Customer Support at DraftKings Sports
When you need a helping hand, DraftKings Sports customer support team is available 24/7 via the following methods:
- Live chat
- Email: [email protected]
- Post: US Office, PO Box 399, Hoboken, NJ 07030
- Phone: Fill out a form and receive a call back
Benefits of Betting at DraftKings Sports
For us, the best thing about DraftKings Sports is the promos it offers. From our industry knowledge, we can see the developers have taken their cues from Europe. As an established market worth billions, it’s easy to see why they would do that.
For you as a customer, that means you’ll not only get access to standard sports betting bonuses but innovations such as cashouts and pool betting. That, in our opinion, is why DraftKings Sports stands out among New Jersey’s leading sportsbooks. Naturally, there are other sites that offer similar features. However, during our reviews, we found that DraftKings Sports provides one of the most comprehensive promo packages out there.
What DraftKings Sports Could Improve
If there’s one thing we’ve like to see improved it’s the odds DraftKings Sports offers. While they’re by no means bad, our analysis did show the lines lagging behind in some areas. Yes, the odds boosts help redress the balance but these offers change on a daily basis.
This means you may have to wait for the odds on your favorite sports receive a boost. Therefore, if we could change one thing about DraftKings Sports, it would be to up the value in some instances.
DraftKings Sports Background
DraftKings origins in the daily fantasy sports industry trace back to 2012 when it was co-founded as a part-time venture by principals Jason Robins, Mathew Kalish and Paul Liberman. The company’s initial product offering was head-to-head contests for MLB.
DraftKings offers DFS contests in the United States, Canada the United Kingdom, Malta, Germany, Austria, Ireland and Australia. The company currently boasts a total of 56 individual sponsorship agreements with professional sports teams. It also has official league partnership agreements in place with Major League Baseball (MLB) and the National Hockey League (NHL).
Alongside its foray into sports betting, DraftKings will continue to roll out DFS contests for what is arguably the most extensive array of sports in the industry.
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