NJ Online Sports Betting Review – DraftKings Sportsbook

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A Legal and Licensed NJ Sportsbook$500 Max Risk-Free BetRisk Free Casino Play for 24 hours

Draftkings is the top name in Daily Fantasy Sports (DFS) in the United States, but they aren’t stopping there. Draftkings sportsbook became the first legal online betting option in New Jersey when they launched in August 2018. Draftkings New Jersey has become a top player in the online sportsbook and casino industry in the Garden State. DK is rolling out operations in each legal betting state wherever legal online sports betting licenses are available. With licensing from Resorts Atlantic City, Draftkings also opened a brick and mortar retail sportsbook at the Resorts Atlantic City location. 

Sports betting in New Jersey is controlled and regulated by the New Jersey Division of Gaming Enforcement. That being said, they have regulations that may slightly differ from those of other states. The state prohibits betting on college sporting events that occur within New Jersey, or that involve a New Jersey college or university team. Draftkings operates betting sites in New Jersey, Pennsylvania, Indiana and West Virginia. We here at The Props Network believe it’s only a matter of time before the rest of the US states get legal betting. Once that happens, players nationwide will be able to access the Draftkings Sportsbook online or through the app.

Draftkings NJ Online Sportsbook Signup Bonus – Get 100% Risk-Free Bet Signup bonus up to $1000.

The signup bonus at Draftkings Sportsbook is valued up to $1000. Your first bet is risk free up to $500, meaning your first bet gets refunded up to your deposit amount (or $500, whichever is lower) if it loses. The refund comes in the form of DK Dollars that will be added to your ‘my rewards’ page the following business day. DK Dollars can then be used as site credit for DFS and Sportsbook action on Draftkings. You then just have to bet them one time to convert DK Dollars to cash.

New players also get a 20% Deposit Bonus. The deposit bonus maxes out at a $500 value, in addition to the signup bonus. Bonus funds are released as DK dollars on a 25x play thru payout system, meaning that in order to release the $20 bonus that you would earn on a $100 deposit, you must play through a total of $2500 in wagers on the site. The bonus gets paid out in small free bets as you play through more and more of the value.

Draftkings $1000 Superbowl Welcome Bonus

Draftkings Signup Bonus – About

  1. The maximum Risk-Free bonus amount at Draftkings NJ Online sportsbook is currently $500.
  2. $500 is also the maximum deposit reload bonus at DK. This is with the 20% limited time deposit bonus promotion applied.
  3. The Risk Free Bet bonus is paid all at once in DK dollars if your first bet on Draftkings loses.
  4. The Deposit Bonus at Draftkings Sportsbook NJ is paid as incremental DK dollars (25x) as the wagering requirement is achieved.
  5. Existing players are not eligible for the risk-free bet. Only new players are.
  6. New players and Existing players at DraftKings can both get the deposit bonus for a limited time only.

Draftkings Sportsbook Review Video

TPN Betting Analyst, Steve Clark, tells you what you need to know about DraftKings NJ.

The Props Network only reviews legal online betting websites and casinos. TPN is also where you will find sports betting news, picks and bonuses from Top US Online Sportsbooks.

Draftkings Signup and Claiming the Bonus

Time needed: 3 minutes.

How To Sign Up At Draftkings and claim the bonus offer.

  1. Go to the NJ Sportsbooks page at ThePropsnetwork.com

    The Props Network has the best bonuses available from Draftkings in New Jersey. Click ‘Play Now’

  2. Go to the NJ Sportsbooks page at ThePropsnetwork.com

    The Props Network has the best bonuses available from Draftkings in New Jersey. Click ‘Play Now’

  3. Create an account at Draftkings

    You will need to create a username and password. You will also need to enter your email address. Then, click the box to agree to terms and conditions.

  4. There is no need for a promo code.

    You’re already getting the best possible signup bonus by using this link.

  5. Complete the signup information page

    To register your account for online betting and casino action, you will need to provide some more information. This is what Draftkings requires; first and last name, home address, date of birth, and the last four of your social security number.

  6. Secure your Draftkings NJ account

    You will be asked to complete account verification via mobile or email.

  7. Confirm location

    Draftkings will ask for permission to geo locate you and confirm that you are in a legal betting state. You might be asked to download a plug-in depending on your device. This is normal and is necessary for you to start wagering. If you are incorrectly located, contact customer service.

Draftkings Online Casino Signup Bonus – Play risk-free for 24 hours.

New players at Draftkings can choose a casino signup bonus instead of a sportsbook signup bonus. The casino new player bonus offer can be found on the ‘My Rewards’ page. Click New Player Offer and then opt-in. Then, you can play casino games risk free for 24 hours. Draftkings will refund your net losses up to $50 for the first 24 hours of play on the site after you register. This bonus is paid out in DK Dollars to your account. This casino bonus is a good alternative for those who do not want the risk-free wager to bet on sports.

Draftkings Deposit and Withdrawal Methods

  • Paypal
  • Skrill
  • Play + Prepaid Card
  • Wire Transfer
  • Visa, Discover, Mastercard (deposits only).

Draftkings Desktop Site And Mobile App

The online sportsbook and app at Draftkings are easy enough to operate on desktop, iOS or Android. We aren’t crazy about the dark color scheme and site design, but the book functions well and that’s what is most important.  

Sports Offered For Betting At Draftkings 

The Draftkings sportsbook offers every market that you will want to bet on, and a selection of props that ranks near the top of our list.  All the major and exotic betting markets are covered at DK. MLB, NFL, NHL, NBA, CFB, NCAAB, XFL, MMA, soccer, boxing, racing and more are open for betting.  

Daily Fantasy Sports (DFS) On Draftkings New Jersey

Players in New Jersey who enjoy Daily Fantasy games at DK will enjoy having their betting and DFS accounts linked.  This means that the accounts can ‘borrow’ funds from each other if the amount you try to wager exceeds your current balance.Are Draftkings DFS and Sportsbook accounts the same?
They are technically different platforms, but your accounts can be linked together for Draftkings Sportsbook and DFS. That way the accounts can share funds for both betting and daily fantasy games.

DraftKings New Jersey Sportsbook F.A.Q.

Is Draftkings online sportsbook a good place to bet?

We think so. Draftkings is poised to become the leader in US online sports betting, and it’s easy to see why.  We highly recommend taking either signup offer and trying it for yourself. 

What does Draftkings offer right now?

Draftkings is featuring an industry leading deposit bonus. New players who sign up can get up to $500 risk-free bet and also a 20% Deposit bonus at Draftkings for a limited time only. The Risk Free Bet is paid as DK Dollars with a one time rollover to convert to real money. The deposit bonus is released in small increments of DK Dollars as you unlock the 25x wagering requirement through casino play, DFS and Sports betting.

Is there a Loyalty Program at DK?

Draftkings Sportsbook ‘Missions’ are DK’s version of a loyalty program.  Players can choose to accept missions by opting-in at the rewards menu. Then they must complete the assigned betting task.  For example, the current Draftkings Mission is ‘Place 4 Parlays’. Players will earn a $4 free bet if they place 4 parlays with 2+ legs each. 

Are there good promotions at Draftkings?

DK Players can opt-into betting incentives such as Parlay Insurance. This is a great feature that refunds a 5+ leg parlay up to $25 if one leg loses. Draftkings also frequently offers special odds boosts and free bet earning opportunities for Tennis, College Basketball, NBA, and MMA.

What are DK Dollars?

DK Dollars are site credits on Draftings that can be used for free bets as they are accumulated through bonus earnings.

What’s the best thing about Draftkings Sportsbook?

The best thing about Draftkings is the wide variety of bets that they offer, as well as the frequent promotions. The promotions on the Rewards Page at DK are wide ranging from parlay insurance, to tennis betting bonuses to boosted odds on all the biggest games. The ability to share funds with your Draftkings DFS account is also appealing. Plus, we think that DK will offer even more to players as they sweep the nation and open in more and more legalized betting states.

What could Draftkings do better?

The only downside of DK is the odds, which are not always the most competitive in the industry.  But, Draftkings more than makes up for this with the free bets and promotions, in addition to the great values on their teasers. 

Are players treated well at Draftkings?

Existing customers are treated well at Draftkings NJ Sportsbook, and they receive frequent promotions and opportunities to claim free bets, DK Dollars and other value.

What Is A Flash Bet At Draftkings?

Flash Bet’ on the Draftkings sportsbook is a faster paced version of standard live betting (which DK also offers). With ‘Flash Bet’ you get to follow the game live on the website or app and bet in between plays, points, etc. Payouts happen seconds later, so this is a fun and interactive way to bet-flix and thrill. Draftkings sometimes runs free flash bet promos in their rewards section. 

What is Teaser Plus at DraftKings?

Teaser Plus’ or ‘Teaser +’ is an exciting online sportsbook innovation that only Kambi powered betting sites offer.  Draftkings is one of them. So, your teasers at DK get the best possible payouts that accurately reflect the game odds/circumstances unlike standard teasers that add/subtract points with no adjustment to the odds based on other factors. Teaser + almost always results in a higher payout for the player on a teased bet.

Player Education At DraftKings NJ

A visit to the Help section at Draftkings reveals several tabs, each with a wealth of information on sports betting. They have how-to videos featuring Charles Barkley and graphic interactive sports betting guides. You can also find the general betting rules and information on deposits and withdrawals in this section. 

The Draftkings Stats Hub is an incredible way to research bets without a data subscription or extensive digging.  The stats hub at DK includes a bet predictor tool, and all the information you need regarding matchups, injuries, past performance, head to head history, etc. The hub is powered by iSport Genius.

Setting Limits On Draftkings New Jersey

Draftkings starts players off with a $2,500.00 max deposit limit. However, this can be changed easily by clicking the player limits link. Then, there is a menu with options to customize limits and time frames for limits that cannot be altered once they are set.  Players can also set daily spending limits and single wager limits for sportsbook and casino. 

The Draftkings Company

Draftkings is a digital sports entertainment and gaming company that is best known for daily fantasy sports and now mobile betting platforms. Draftkings Sportsbook is open for business in multiple legal US betting states. The Boston based company is partnered with Diamond Eagle Acquisition Corp on the business side. For technology, Draftkings is partnered with SBTech. SB Tech is a provider of the most cutting edge sports betting and gaming tech about the world.

Is Draftkings a Public Company?

Draftkings will go public, but there will not be an IPO. Draftkings combined with Diamond Eagle Acquisition Corp, a special purpose acquisition company. By doing so, Draftkings will become a publicly traded company on the Nasdaq exchange. The estimated market cap is $3.3 billion dollars according to CNBC.

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