ESPN BET NJ Sportsbook Promo Code & Bonus (up to $1,000 Expected)

The ESPN Bet has arrived! New Jersey is among the 16 states where the new ESPN sportsbook app is going live ahead of the NFL season’s start somewhere in November 2023. The ESPN Bet promo code is optional. Here, we’ll attempt to predict the welcome bonus you might receive with ESPNBet NJ and what this site can offer you that other NJ sportsbooks can’t .

What is ESPN Bet

The long-speculated move of ESPN with over 350 mln unique visits monthly (according to Similarweb) into the world on online sports betting sites has finally happened and now the only questions left to be answered are exactly how the world sports leader will be carving out a niche for its product in the crowded New Jersey sports betting landscape.

ESPN BET is a new online sportsbook app, the company is partnering with Penn Entertainment, replacing the partnership Penn previously had forged with Barstool Sports. The Sportsbook will be no more and in fact, Penn Entertainment, which purchased the company in February of 2022 and made it the face of their sports betting empire, has completely cut those ties. Barstool founder Dave Portnoy indicated he had reacquired Barstool Sports from Penn.

The association with the controversial Barstool brand was causing problems for Penn as the company sought to expand and gain licenses in new states. ESPN is a much more traditional sports site and the marriage between the two entities figures to work far smoother for Penn Entertainment.

ESPN BET NJ Bonus Offer & Promo Codes

Since ESPN BET won’t be launching until November 2023, any attempt to assess what the site might offer in terms of a welcome bonus, or other promotions is purely speculative. The best bet at this point is to study what Barstool Sportsbook offers, since both sites are going to be operated by the betting experts at Penn Entertainment.

Currently, sportsbook is offering a 100% matching first deposit bonus of up to $1,000. This is a fairly standard offer in the sports betting industry, so it wouldn’t be at all surprising to see a similar perk provided by ESPN BET. The promo code is not required. Use NJDOTBET to access free ebts and a deposit match bonus here.

What is the ESPN Bet Promo Code?

None, the promo code for ESPN sportsbook app is coming soon.

ESPN BET – New Sportsbook App in New Jersey

The rebrand to ESPN BET will include the mobile app, website and mobile sportsbook platform currently operated as Barstool Sportsbook. As with the Barstool site, the experienced Penn Entertainment staff will be the ones overseeing the daily operation of the ESPN BET site. 

ESPN intends to take advantage of their numerous on-air personalities across all sports to help drive interest in ESPN BET. However, it should be noted that this formula was also followed by Fox BET. That sports betting site, operated by the Fox Corp in partnership with Flutter Entertainment, recently announced it was shutting down.

Odds on games are featured on the ESPN web page, as are gambling-related shows. It’s only a small step to go forward from those projections into a full-blown sports betting site. 

What To Expect From ESPN BET

The fact of the matter is that at this stage, little is known as to how ESPN BET will be setting up their site. The deal with Penn Entertainment is worth $2 billion. Penn will be paying ESPN $1.5 billion over a 10-year span, along with granting ESPN $500 million in warrants to purchase 31.8 million common shares of Penn stock.

ESPN has already taken some steps into the world of sports betting. They run daily betting-related programs across all of the company’s platforms. 

Special ESPNBET NJ Sports Betting Features

• Early Cash Out: Like BetMGM, ESPN Bet may offer bettors the option to cash out their bets early before the event has finished. This is useful if a bettor feels their bet might not end favorably.
• Edit My Bet: Similar to Bet365, they might introduce a feature allowing bettors to change their bet under certain conditions.
• Live Betting: Given the real-time nature of ESPN’s sports updates, live betting will probably be a big feature. This would allow bettors to place bets as the action unfolds, especially for popular games and events in the NFL, NHL, and UFC fights.

Parlay Bet Example: Say you want to place a parlay bet involving three New Jersey teams:

1. New Jersey Devils (NHL) to beat their opponents.
2. New York Giants (NFL) to cover the point spread of -3.5 against their rivals.
3. New Jersey Red Bulls (MLS) game to have over 2.5 total goals.

All these predictions must be correct for your parlay bet to win.

Types of Bets

• Money Line Bets: This is one of the most basic types of bets where you simply pick the winner of a match. Given its simplicity, this will likely be a staple for the new ESPN sportsbook. Example: New Jersey Devils (NHL) vs. New York Rangers: NJ Devils: -150, NY Rangers: +130. If you bet on the Devils, you’d need to wager $150 to win $100.
• Point Spreads: This is where a specific number of points are subtracted from the favorite team’s score or added to the underdog’s score to make the bets more even. Example: New York Giants (NFL) vs. Philadelphia Eagles. If the Giants are favored by 7 points, they would need to win by more than 7 points for a bet on them to pay out.
• Over/Under (Totals) Bets: Here, you are betting on whether the total points scored in a game will be over or under a specified amount. Example: New Jersey Nets (NBA) game might have an over/under of 215.5. If the combined score of both teams is more than 215, the over wins; if it’s less, the under wins.
• Prop Bets: These are bets on specific events that may not directly affect the outcome of a game. Given ESPN’s detailed sports coverage, it’s plausible they will have a wide range of prop bets. Example: Number of touchdowns by a specific player in a Jets (NFL) game.
• Parlays: These are cumulative bets where multiple bet predictions must all be correct for the parlay to pay out. Given its popularity, ESPN Bet will probably offer this. Example: Betting on the New Jersey Devils to win their game and the total goals in a separate Red Bulls (MLS) game to be over 2.5.
• Futures: Betting on events that will happen in the future, often at the end of a season. Example: Betting on the New Jersey Devils to win the Stanley Cup at the beginning of the NHL season.

It’s important to remember that this is speculative based on existing market trends and the nature of ESPN’s coverage. The actual offerings can only be confirmed once ESPN Bet officially launches in New Jersey.

Beyond Odds: ESPN Bet Sportsbook’s Offerings

The ESPN sports betting section provides a comprehensive array of information and tools. It covers game details such as scores, schedules, standings, and stats. For those keen on team insights, there’s data on teams, depth charts, transactions, players, drafts, injuries, and coaches. Additionally, the section boasts a special feature known as the Football Power Index. Users can access all NFL daily lines and NBA odds, delve into expert picks, read insightful commentaries, and keep track of game results.

ESPNBet Online Casino

What about the ESPN Bet casino? Based on what other NJ sites offer and as a rule of thumb, we believe that ESPN Bet will eventually incorporate slot, live, and table games into their offerings. Stay tuned!

Meanwhile, you can play with some of the best betting apps in New Jersey, use promo codes for these sportsbooks and play responsibly.