DraftKings Sportsbook NJ – $500 Risk-Free Bet

Claim $500 Welcome Risk-Free Bet

At DraftKings, if your first bet loses, you'll get a free bet token up to the value of your first deposit (max $500).
First bet matched up to $500. Free bet must be used within 30 days of first bet. Free bet amount is not included in any returns or winnings. Free bet is also not redeemable for cash, non-transferable, and non-refundable.
8.8Expert Score
DraftKings Review 2019 — Modern, Progressive and Plenty to Offer

To say that DraftKings isn't a prime contender in the NJ sports betting market would be crazy -- they've got one of the best gambling products online at the moment. Solid choice for all gambling fans.

Welcome Bonus
Payment Methods
Customer Support
  • Awesome $500 welcome bonus
  • Wide range of sports betting markets
  • Gorgeous and smooth website
  • Poor customer support offering

DraftKings Sportsbook NJ Welcome Bonus: $500 Risk-Free Bonus

Let's be honest — the first thing you want to know about DraftKings Sportsbook is the welcome bonus they have on offer. After all, it's often the bonus that convinces a bettor to join an online sportsbook. Well, with DraftKings, you're going to want to join — as they're offering an incredible $500 risk-free bonus!

For those who are unfamiliar with how an online risk-free sports betting bonus works, let's break it down for you: The main difference between a ‘matched deposit welcome bonus' and a ‘risk-free' welcome bonus is that a matched deposit bonus will double your money straight away (but often with pretty hardcore withdrawal requirements if you win), while a risk-free bonus will only be triggered if your first bet loses; if it does, you will be provided with a ‘token' which allows you to place another bet of the same value as your initial deposit.

If the above still sounds complicated, let's just put it this way — basically, if your first bet with DraftKings Sportsbook loses, you'll get a free bet token up to the value of your initial deposit. It's a pretty sweet bonus and the perfect way for newcomers to dip their toes into betting.

How to claim your DraftKings Sportsbook welcome bonus:

Alright, so now you're down with the risk-free bonus on offer at DraftKings, let's talk about how you go about claiming it. Again, its super-simple, just follow the instructions below:

  1. Head to the DraftKings Sportsbook website.
  2. Register and add a valid payment method to your account.
  3. Deposit up to $500.
  4. Place your first bet of up to $500 (be aware, T&Cs apply around this).
  5. If your bet loses, you should be awarded a free bet token.
  6. If not, contact customer support and they'll issue you one.

And that's that! It's super simple and honestly, one of the easiest things you'll do all year. The beauty of this bonus is that while you might only get the bonus if your first bet loses, if your first bet wins you're in the money. It's practically a win-win. You can't get much better than that!

Markets On Offer At DraftKings

So, now you've got a solid overview of the welcome bonus on offer, let's take a look at what markets you can use it on at DraftKings NJ. And boy, are we pleased! From the top menu it's clear that DraftKings offers a wide range of odds on all the major sporting events and types in the US. From the homepage you have instant access to NBA, NFL, NHL, College Basketball, the Champions League and the English Premier League. This isn't all though, because if you hover over the A-Z menu tab your screen will explode with a huge range of odds on offer — Aussie Rules, Baseball, Basketball, Boxing, Cricket, Cycling, Darts, Football, Golf, Hockey, MMA, Motorsports, Rugby League… must we keep on going. Ultimately, if there's a sport you can bet on, you'll find it at DraftKings Sportsbook NJ. But what about the markets on offer? What kind of bets can you place? Well, at DraftKings you can expect to find moneylines, parlay bets, round robins, props, handicaps, and many more. Honestly, we're more than impressed with what's on offer — so, we highly recommend you check it out for yourself.

DraftKings Sportsbook's Online Software & Mobile App

So while the markets on offer is a very important aspect to the quality of an online sportsbook in New Jersey, the way its website operates is just as crucial. After all, if an online bookie has a truly awful website, then you're going to go elsewhere. This is why operators such as DraftKings invest immense amounts of money to ensure that they are providing the best online gambling experience for its customers. One of the standout features of both the desktop and mobile platform is the sleek design of both, with their trademark charcoal grey, black and green creating an overall stunning website. Furthermore, their overall view when it comes to odds is one of the clearest we've ever seen, presenting odds in a way that even a pure beginner would understand. That being said, the website might get a little confusing for a newcomer, and so we advise you to take your time when initially betting with DraftKings for the first time. Finally, the DraftKings sportsbook app is available is available on both iOS and Android. It's the perfect betting companion for when you're on the go. 

DraftKings Sportsbook Banking Options - A Wide Range on Offer

One of the most important aspects to any good online sportsbook in New Jersey is the array of deposit and withdrawal methods available. Here's a list of the ways you can deposit at DraftKings NJ:

  • VISA
  • American Express
  • MasterCard
  • Discover
  • Bank Transder
  • PayPal
  • Play+

This isn't the best range of banking methods available when it comes to betting online, but nor is it the worst if we're being perfectly honest. 

PayNearMe vs Paypal

Deposit Limits
Withdraw into same account
Use cash
Deposit times
Withdrawal times
Up to 5 days

How to  Withdraw at DraftKings Sportsbook

Withdrawing at any online sportsbook in NJ is often easier said than done — bookmakers will restrict the methods they choose to accept as withdrawal methods. The same, sadly, can be said about DraftKings — with physical checks, cash at Resorts Casino AC and PayPal just about being the best options out there. PayPal, is of course, one of PlayingLegal's recommended banking methods, so we're at least happy to see it available here.

DraftKings Sportsbook VIP and Loyalty Points​

We're pretty pleased to announce that DraftKings is one of only few online sportsbooks in NJ that offers an online loyalty and VIP scheme. Basically, what you'll get are called ‘missions' — these will be tasks such as ‘place a sports bet' or ‘win a moneyline bet', from which you will earn certain perks such as ‘free bets', ‘boosts' and more. This we feel is a pretty fair deal. The more you play with DraftKings, the better they will ultimately treat you. You won't find this at most other online sportsbooks — so count yourself lucky!

Is DraftKings NJ Sportsbook Safe, Secure & Trustworthy?

Yes. It's as simple as that. DraftKings Sportsbook is licensed and regulated by the state of New Jersey's gambling authority — the DGE. This body ensures that bookmakers operate within the law, secure all player's deposits and ensure that confidential information is kept under lock and key. Furthermore, the DGE insists that operators such as DraftKings look out for potential vulnerable gamblers, ensuring that while gambling is fun, it's also safe. Finally, DraftKings is backed up with the latest SSL security, ensuring that information shared between your browser and DraftKing's server is safe, secure and encrypted — meaning no nefarious individuals can get hold of confidential data, such as banking details.

DraftKings Sportsbooks Customer Service - Friendly & Reliable

Finally, last but not least — how does DraftKings customer support hold up to the likes of the competition? Well, we sadly have to say that DraftKings isn't the best in the business. While technically offering 24/7, around the clock, customer support — it's not as interactive as many other online sportsbooks in the business. For example, you can email DraftKings on [email protected], or contact them through their email form online, and they could contact you at anytime — but realistically, it's more than likely going to be after 24 hours. We'd have much preferred a live chat or phone service, but these don't seem to be available. Such a shame.

Customer support is a pretty big deal when it comes to online sportsbooks. DraftKings really doesn't deliver here. Sadly, this needs to improve.

8.8Expert Score
DraftKings Sportsbook NJ - Nearly Perfect

Sadly, the only thing that has let DraftKings Sportsbook down is their customer support. Everything else is pretty much perfect.

DraftKings Sportsbook NJ FAQs

Yes, DraftKings Sportsbook NJ is licensed and regulated by the DGE.

DraftKings NJ are offering a $500 risk-free bet for all new customers in the Garden State.

Simply head to sportsbook.draftkings.com, head to the right hand corner of your screen and click on ‘Want to start placing bets?' to register.