DraftKings Sportsbook NJ review: bet $5, get $200 in bonus bets plus NBA League Pass

DraftKings in New Jersey: Resorts license, 2018 launch and key facts

Pros

• Around 150 player props per NFL game, among the deepest menus in the state.
• SGPx lets you combine same-game parlays from different games.
• BetVision streams NFL games with betting lines on screen.
• First online sportsbook in New Jersey, with a retail book at Resorts.

Cons

• Prices on some popular props trail rival books.
• The $200 welcome offer is paid in four $50 installments over 21 days.
• ACH and wire withdrawals take two to five business days.

The $5 welcome bet: $200 in bonus bets and 3 months of League Pass

All DraftKings offers and terms: DraftKings NJ bonus code page.

New sportsbook customers who place a first bet of $5 or more get up to $200 in bonus bets. DraftKings pays the bonus as $50 every seven days, which you claim with a click. Each bonus bet expires seven days after it’s issued, so you need to claim and use each one on time.

The offer also includes three months of NBA League Pass, claimed with a voucher. The subscription renews monthly at the current price unless you cancel it.

Bonus bets return winnings only. Across typical odds, they usually convert to cash at 60% to 75% of face value. That makes $200 in bonus bets worth about $120 to $150, for a single $5 bet.

See every DraftKings offer on our DraftKings NJ bonus code page.

Odds and markets: around 150 player props per NFL game

DraftKings covers the NFL, college football, MLB, NBA, WNBA, NHL, soccer and dozens of other sports. NFL games carry around 150 player props each, and futures boards list nearly 100 contenders for awards such as NFL MVP.

Giants and Jets games at MetLife get the full prop menu, and Devils and Nets lines run daily in season. College bettors should know the state rule: no bets on Rutgers, Seton Hall, Princeton or any NJ college team, and none on college games played in New Jersey.

Prices are fair but not always the best.

Live betting, BetVision streams and Early Cashout

In-play markets cover most major games. BetVision streams NFL games and tennis with betting lines on screen, and a live tracker fills in where there’s no video.

Early Cashout offers a price to settle a bet before it finishes. You can take it or let the bet ride.

The DraftKings app: NJ’s longest-running online sportsbook

DraftKings has run an online sportsbook in New Jersey longer than anyone. It took the state’s first public online bets on August 6, 2018, through Resorts.

The app is quick and packed with promotions. You can set a preferred deposit method straight from the bet slip. Geolocation runs before every bet, so you must be inside New Jersey.

Screenshots from the DraftKings iPhone app

DraftKings Sportsbook is rated 4.8 out of 5 from 1,236,014 ratings on the App Store. Screenshots from the official iPhone app:

Odds boosts, profit boosts and Dynasty Rewards for existing customers

DraftKings runs daily promos, odds boosts, profit boosts, boosted parlays, bet-and-get offers, in-game parlay specials and futures specials. Most boosts appear only in the app and can change from day to day.

Dynasty Rewards adds Crowns on every bet, which you spend in the Dynasty Store.

PayPal, Venmo or Play+: DraftKings deposits from $5 and withdrawals

You can deposit and withdraw by debit card, PayPal, Venmo, Play+, eCheck, online banking and wire. Skrill is deposit only and checks are withdrawal only. The minimum deposit is $5.

DraftKings says PayPal, Play+ and most online banking pay within 24 hours. ACH and wire take two to five business days. You can also use cash at the Resorts sportsbook and cage in Atlantic City.

Is DraftKings safe? Licensing, deposit limits and age rules

DraftKings Sportsbook operates under Resorts Casino Hotel’s sports wagering license and is regulated by the New Jersey Division of Gaming Enforcement. You must be 21 and physically in New Jersey.

The app offers deposit limits, time limits, cooling-off periods and self-exclusion. You can also join the DGE’s statewide self-exclusion list.

DraftKings vs. FanDuel and BetMGM for Garden State bettors

FanDuel is bigger and has the stronger app, but DraftKings matches it on props. BetMGM suits bettors who value MGM Rewards and Edit My Bet over prop depth.

DraftKings Sportsbook NJ FAQ: your questions answered

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