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New Jersey Sportsbooks: Best Betting Sites, Apps & NJ State Guide for 2024

Everything you need for betting with sportsbooks in New Jersey, covering the best betting sites & apps, how to bet in New Jersey, legality, betting taxes, and much more.

Everything you need for betting with sportsbooks in New Jersey, covering the best betting sites & apps, how to bet in New Jersey, legality, betting taxes, and much more.

Identifying a new sportsbook can be a hassle as dozens offer a similar but different experience in the industry today. Luckily, we have found the best New Jersey betting apps and sites available.

This article will detail these New Jersey sportsbooks and will outline the welcome offers and features for each one. We will also include steps explaining how to sign up for an account at the best sports betting app in New Jersey.

πŸ“± Top 5 New Jersey Betting Apps

In the table below, we have listed five of the best New Jersey sportsbooks and the welcome offer for each one. We have also included a rating out of five for each of the best New Jersey betting apps:

Rank πŸ…Sportsbook 🏦Welcome Offer + Code πŸ’²Our Rating 🌟

#1

DraftKings Sportsbook

Bet $5, Get $150 Instantly in Bonus Bets

5/5

#2

FanDuel Sportsbook

Bet $5, Get $200 if Your Wager Wins

4.9/5

#3

Caesars Sportsbook

Earn First-Bet Coverage Worth up to $1,000- Use Code FNEG1000

4.8/5

#4

BetMGM Sportsbook

Bet $5, Get $150 in Bonus Bets- Use Code FANNATION

4.7/5

#5

Bet365 Sportsbook

Bet $5, Get $150 OR $1,000 in First-Bet Insurance - Use Code FNPROMO

4.6/5

🏦 Best New Jersey Online Sportsbooks 2024

As discussed in the table above, the following are the five best New Jersey sports betting apps that are available in the state of New Jersey: DraftKings, FanDuel, Caesars, BetMGM and Bet365.

πŸ’» Best New Jersey Sports Betting Sites: Where to Bet in New Jersey

The next section will provide you with the details you need to determine the best sports betting app in New Jersey, including the current welcome offer and the reason why joining that particular sportsbook is beneficial:

#1 DraftKings Sportsbook New Jersey

DraftKings is the sportsbook with the best sports betting app in New Jersey because they offer hundreds of unique markets and it’s extremely easy to use.

🎁 DraftKings Welcome Offer

The DraftKings welcome offer will allow all new customers to earn an instant $150 in bonus bets. To unlock this promo, use this link to open a new DraftKings account. By using our link, no promo code will be required.

Just make an initial deposit of at least $5 and a qualifying bet of $5. By doing this, you will receive an instant $150 in bonuses!

Why You Should Bet With DraftKings

The main reason I use DraftKings is because of the number of sports they have to offer. Not only are there hundreds of available markets, but there are dozens of sports to bet on as well. Even in the summer, when sports slow down, I can always find something to bet on.

Check out the full DraftKings Sportsbook Review for more information about one of the top New Jersey sports betting apps.

  • Welcome BonusBet $5, Get $150 Instantly in Bonus Bets
  • Legal in New Jersey from: August of 2018
  • Available Platforms: Desktop / iOS / Android / Retail
  • Payout Speed: 1 - 5 days
  • Best Feature: Hundreds of betting markets
  • Our Rating: 4.9/5

#2 FanDuel Sportsbook New Jersey

Next on our list of the best New Jersey betting sites is FanDuel Sportsbook. They offer unique welcome bonuses and regular promotions for existing members.

🎁 FanDuel Welcome Offer

When you take into account the welcome offer available from FanDuel Sportsbook after registering today, the value of joining becomes even more evident. With a winning $5+ bet, new members instantly win $200 worth of bonus bets.

This is one of the must lucrative welcome offers when you compare it with the other legal sports betting New Jersey promos currently available, so make sure you join FD now.

Why You Should Bet With FanDuel

I personally bet with FanDuel because they always have Same Game Parlay markets available. These allow me to make multiple bets in a single game, which is easier to follow than tracking multiple games.

Check out the full FanDuel Sportsbook Review for more information.

#3 Caesars Sportsbook New Jersey

Third on our list of the best New Jersey sports betting apps is Caesars Sportsbook. They offer a rewards program that allows you to earn benefits such as free hotel stays, Casino credit and discounts for food and shopping at physical Caesars Sportsbook properties.

🎁 Caesars Welcome Offer

The Caesars welcome offer will allow new customers to receive a full refund on their first bet up to $1,000 in the form of bonus bets. You can unlock this welcome offer by using our link to register for a new Caesars account. Just use promo code FNEG1000 during sign up and place your first bet on any market up to $1,000. If it loses, you’ll receive the amount you wagered in bonus bets.

Why You Should Bet With Caesars

I would recommend Caesars Sportsbook because of the daily odds boosts page they offer. This is updated regularly and gives me much better odds on otherwise unfavorable odds.

Check out the full Caesars Sportsbook Review for more information.

  • Welcome BonusEarn First-Bet Coverage Worth up to $1,000
  • Legal in New Jersey from: July 30th, 2018
  • Available Platforms: Desktop / iOS / Android / Retail
  • Payout Speed: 1 - 5 days
  • Best Feature: Daily Odds Boosts for existing customers
  • Our Rating: 4.7/5

#4 BetMGM Sportsbook New Jersey

BetMGM is fourth on our list of the best New Jersey sports betting apps because some of the sports they offer have limited markets in comparison.

🎁 BetMGM Welcome Offer

The BetMGM new user bonus let's earn $150 in bonus bets guaranteed. Just create a new BetMGM account using the BetMGM promo code FANNATION. Make a $10+ first deposit and qualifying bet of at least $5 to receive bonus bets worth $150 no matter what.

Why You Should Bet With BetMGM

New users should consider using BetMGM because of the live betting markets they offer. These allow me to bet on events at any point in time, which creates unique opportunities to hedge your original bet if needed.

Check out the full BetMGM Sportsbook Review for more information.

  • Welcome BonusBet $5, Get $150 in Bonus Bets No Matter What
  • Legal in New Jersey from: June of 2018
  • Available Platforms: Desktop / iOS / Android / Retail
  • Payout Speed: 1 - 4 days
  • Best Feature: Live Betting Markets
  • Our Rating: 4.6/5

#5 Bet365 Sportsbook New Jersey

Bet365 Sportsbook is fifth on our list of the best New Jersey sportsbooks because they only operate in a handful of states in the USA. Luckily, this does include the state of New Jersey, so they made our list of New Jersey sports betting options.

 πŸŽ Bet365 Welcome Offer

The Bet365 sign-up bonus will give new customers $150 in bonus bets from an initial wager of only $5. You can claim this bonus if you use our link to open a Bet365 Sportsbook account using the Bet365 promo code FANNATION. You also have the option of selected $1,000 in first-bet insurance, which means if your first bet loses, you'll receive your wager amount in bonus bets.

Why You Should Bet With Bet365

Bet365 is a recommended sportsbook because of its live-streaming options. This allows me to track my bets without having to refresh a game cast.

Check out the full Bet365 Sportsbook Review for more information related to one of the best New Jersey sports betting apps.

✍🏼 How to Sign Up With an Online Sportsbook in New Jersey

Opening an account with the best New Jersey betting sites is very simple, and below we have provided a step-by-step guide to walk you through this process:

  1. Use one of our links in the tables above to be redirected to one of the New Jersey sports betting apps we have covered in this article
  2. Choose the state of New Jersey when asked for your location
  3. Enter a promo code for any of the New Jersey Sportsbooks if you have one
    1. Caesars NJ promo code FNEG1000
    2. BetMGM NJ promo code FANNATION
    3. Bet365 NJ promo code FANNATION
  4. Start the registration process by following the on-screen instructions
  5. Provide any required documentation, such as your Driver’s License
  6. Confirm your account

🀳🏽 How to Bet on Sports Online in New Jersey

It only takes a few minutes to prepare yourself for New Jersey online sports betting. Here are the few simple steps:

  1. Select a sportsbook and create an account
  2. The sign-up process is fast and easy
  3. Simply follow the instructions and provide the necessary information as requested
  4. Once in your app, find the game or event that you’d like to bet on
  5. Click on the odds that correlate to your desired bet
  6. Review the bet slip and submit your bet
  7. Follow along to see the outcome of your wager by viewing your bets
  8. After the conclusion of the game you bet on, check back to see your result

πŸ“‹ New Jersey Betting Overview

Is betting legal?

Yes

Year betting became legal

2018

Legal age to bet

21

Online sportsbooks

27

Retail sportsbooks

12

Tax rate on winnings

24% federal and 3% NJ income taxes

Yes, both in-person and online sports betting in New Jersey are legal through mobile sportsbook apps accessible statewide.

The U.S. Supreme Court, in May 2018, ended a six-year legal battle, ruling in favor of New Jersey in Murphy v. NCAA. This decision dismantled an old federal law, allowing legal sports betting in New Jersey.

Governor Phil Murphy quickly enacted legislation, and by June 14th, placed the state’s first sports bet. New Jersey online sports betting has thrived since, under the oversight of the Division of Gaming Enforcement and the New Jersey Racing Commission.

Can You Bet on Sports in Person in New Jersey?

Yes, legal sports betting for New Jersey residents also comes with in-person betting. To place bets in-person, you need to visit one of the 12 sites that accepts in-person retail sports betting. See below for more information on where to find those.

New Jersey Retail Sportsbook Locations

You can find retail sportsbooks at the three active racetracks and nine casinos in Atlantic City within New Jersey. Here’s a list of a few retail locations for betting in New Jersey.

  • Bally’s: FanDuel Sportsbook
    • 1900 Pacific Ave, Atlantic City, NJ 08401
  • Borgata: BetMGM Sportsbook & Bar
    • 1 Borgata Way, Atlantic City, NJ 08401
  • Caesars: Caesars Sportsbook at Wild Wild West
    • 2100 Pacific Ave, Atlantic City, NJ 08401
  • Resorts: DraftKings Sportsbook
    • 1133 Boardwalk, Atlantic City, NJ 08401

Beyond Nevada, New Jersey stands out for its early adoption of legal betting, offering a broad variety of options like online sports betting and casino gaming at premier sites. Here is a history of betting in New Jersey.

  • May 2018 – New Jersey spearheads the successful overturning of the 1992 federal sports betting ban, PASPA, allowing the state to begin accepting sports wagers soon after the Supreme Court’s decision.
  • June 2018 – Shortly after the decision, Governor Phil Murphy legalizes sports betting at New Jersey’s casinos and racetracks
  • June 2018 – Governor Murphy places the first sports bet at Monmouth Park Racetrack three days later.

New Jersey sports betting is now offered through online wagering and also available at casinos, sportsbooks, and racetracks.

Sports Betting Taxes in New Jersey

Sports betting taxes in New Jersey are 24% federal and 3% state income taxes. You’ll get a WG-2 if you win 300x your bet, starting at $600 for a $2 stake. This tax rate extends to horse racing. See below for more information.

Do I Have to Pay Taxes on Sports Betting in New Jersey?

Yes, New Jersey’s Gross Income Tax now applies to sports betting and other legal gambling winnings.

How to Report Taxes When Betting on Sports in New Jersey

Primarily, sports betting taxes in New Jersey are automatically deducted on gambling winnings, but there are levels where you would receive a federal tax form, known as a W-2G. The intent of this form is for New Jersey casinos and racetracks to report substantial winnings to the IRS, a process required by law.

New Jersey Sports Betting Tax Rate

Expect to pay 24% federal and 3% New Jersey income taxes on New Jersey sports betting.

New Jersey Sports Teams to Bet on

Although loyalty to New Jersey teams can be strong, we recommend making bets based on reason rather than emotions. It’s crucial to study carefully before blindly supporting any local favorites. Remember, betting on college teams such as Rutgers, Seton Hall, and Fairleigh Dickinson is prohibited within the state.

This New Jersey betting guide serves as a useful reference for rookie bettors. As you begin betting in New Jersey, here are three popular teams you can consider backing at any of the New Jersey sports betting options.

πŸ’ New Jersey Devils Betting

Although the Devils are no longer in their golden era, which saw them reaching the playoffs 21 times in 24 seasons and winning three Stanley Cups, promising young talents Nico Hischier and Jack Hughes offer optimism for the team’s future in New Jersey. Sportsbooks in New Jersey give you a range of betting options for hockey.

You can place bets on specific Devils games or on the futures market at any of the New Jersey sportsbooks, including predictions on the Stanley Cup winner, conference or divisional winners, awards, and over/under on wins and points.

🏈 New York Giants Betting

The 2022-23 season was more than successful for the New York Giants. Under the leadership of first-year coach Brian Daboll, the Giants made their first postseason since 2016 with a 9-7-1 record, earning Daboll the Coach of the Year title. Quarterback Daniel Jones was instrumental, hitting career highs in passing and rushing yards and touchdowns, leading to a four-year contract extension, a stark contrast from being booed at his draft in 2019.

The money line is the simplest form of betting on the Giants. All you need to do is pick who you think will win the game. Think the G-Men have what it takes to beat, for example, the Eagles with plus odds? Then pick β€˜em! Adding excitement to New Jersey sports betting just got easier.

🏈 New York Jets Betting

Following this offseason’s big move of trading for four-time MVP Aaron Rodgers, the expectations for the New York Jets for the 2023-24 season are incredibly high. Point spread betting involves placing bets based on the predicted margin of victory or defeat for a team. 

The Jets should be scoring more points this season than their past several seasons. Do you think this has them set to consistently win against the spread? Then put your money where your mouth is and let’s see it happen! New Jersey online sports betting will be at a whole new level this season.

❓ FAQs

❓ What is the Best Betting Site in New Jersey?

The top sportsbook in the state of New Jersey is DraftKings. With the number of sports they offer and hundreds of markets available, they are a step above the rest and are one of the best NFL betting sites.

FanDuel is known for being the most popular sportsbook in New Jersey, as they offer a very friendly layout that is easy to navigate.

❓ Which Sportsbook in New Jersey has the Most Users?

FanDuel Sportsbook has the most users out of all the New Jersey sportsbooks.

❓ Which Sports Betting Site in New Jersey has the Fastest Payout?

Caesars has the fastest payout times in the state of New Jersey. You can receive your withdrawal within one to four business days.

❓ How Old Do You Need to be to Bet on Sports in New Jersey?

If you’re over 21, you can bet at any licensed New Jersey online sportsbook.

❓ Can You Bet on College Sports in New Jersey?

No, residents of New Jersey can’t bet on in-state college teams or any college games happening within the state, including tournaments.

❓ Can You Play Fantasy Sports in New Jersey?

Yes, Daily Fantasy Sports sites are legal and regulated in New Jersey.

Enjoyed this article? Further enhance your betting experience with our guides, handpicked for you:

Gambling Problem? Call 1-800-GAMBLER. Hope is here. GamblingHelpLineMA.org or call (800) 327-5050 for 24/7 support (MA). Call 1-877-8HOPE-NY or text HOPENY (467369) (NY). 21+ and present in select states. FanDuel is offering online sports wagering in Kansas under an agreement with Kansas Star Casino, LLC. Gambling Problem? Call 1-800-GAMBLER or visit FanDuel.com/RG (CO, IA, KY, MI, NJ, OH, PA, IL, TN, VA, VT), 1-800-NEXT-STEP or text NEXTSTEP to 53342 (AZ), 1-888-789-7777 or visit ccpg.org/chat (CT), 1-800-9-WITH-IT (IN), 1-800-522-4700 or visit ksgamblinghelp.com (KS), 1-877-770-STOP (LA), visit www.mdgamblinghelp.org(MD), 1-800-522-4700 (WY), or visit www.1800gambler.net (WV).

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