DraftKings Sportsbook New Jersey Review
In 2013, the legal landscape of gambling changed for those in New Jersey when the government allowed individual states the opportunity to legalize and operate online casinos. New Jersey was one of the very first states to start offering online gambling to residents, and it was a huge success. With multiple operating online sites available, residents of the Garden State are able to play at sites that are associated with land based NJ casinos and enjoy spectacular games and amazing bonuses right from home or by using their mobile devices.
Online gambling was very successful and has remained a top choice for many players in the state and in August of 2018, bettors received some exciting news as online sports betting became legal when a Supreme Court decision was overturned. This allowed other states besides Nevada to offer single-game wagering. With this new offering of betting online, sportsbooks in NJ began operating and DraftKings Sportsbook NJ was one of the first to open and offer all types of sports betting to bettors who live in the state. Just like with the online casinos, those that create real money accounts with DraftKings must reside in the state of NJ. They will also have to make use of geo-location services to prove they are in fact within the borders when they are placing wagers, and must be of the legal gambling age of 21. If all of these requirements are met, one can create an account and begin placing thrilling sports bets at one of the most reputable companies in the sports betting industry.
A Brief Overview of the DraftKings Company
When it comes to online sports betting, bettors in the United States are very familiar with the DraftKings name. The company was created by a group of friends that wanted to offer the ability to wager on fantasy sports and the company first started accepting bets in 2012. Over the past few years, the company has grown significantly and is now one of the largest betting platforms for online bettors. Headquartered in Boston, Ma, the site offers daily and weekly betting contests that cover 10 professional sports in various countries.
DraftKings is the place to go for those looking to bet on fantasy sports and instead of season-long leagues, bettors can wager on single day events. Those that have accounts will enter different contests and create a virtual fantasy team, using actual professional players from leagues. As games are played and players perform, points are earned, which will determine winners at the site. The world of fantasy sports betting is quite exciting and anyone looking to start engaging in this type of betting will benefit from becoming a member of DraftKings as it is one of the most respected daily fantasy sports sites that exist. With DraftKings Sportsbook NJ, bettors can now engage in standard online sports betting with coverage of all major sports from around the world and exciting betting options.
DraftKings Sportsbook NJ Welcome Offer
Bettors from New Jersey will benefit when they create their DraftKings NJ account. This site is welcoming all new members with an amazing bonus that will present a 100% match on the first bet that is placed. This can be worth as much as $500 and it is a free bet offer that is presented to anyone that is just getting started and making their first bet at the site. There is no need to enter any promo code when redeeming the offer. One will just have to sign up, make a deposit and conduct their first wager to receive this great offer.
When making use of this offer, one should know that only the amount that is won will be withdrawable from the account. This means if bettors place a bet of $100 and they win, the $100 in bonus payouts is the amount that can be withdrawn. All free bets that are earned must be used within 30 days or they will be removed from the account.
DraftKings Offers and Promos for Members
At DraftKings, members will not just benefit from a one time bonus when they register but will be able to claim other great deals that can provide free bets and free money to place more wagers. Since the DraftKings NJ site is pretty new, there are not many promotions that are currently being offered, but there are some that will benefit anyone that has a real money account. One is a refer a friend bonus. This is not a cash bonus that will be credited to the account, but more of a revenue-sharing option. When current members refer another to the site and that new bettor creates a real money account, the original member will earn as much as 35% of the revenue that is generated by that referred player.
At this time, the DraftKings NJ site does not have a loyalty program in place but one will be added soon and it will be similar to what is offered with the DraftKings Fantasy Sports site. Members will be able to earn Crowns, which are points generated for placing wagers at the site and they can be redeemed at the DraftKings Shop for merchandise and contest tickets. There are a number of ways to earn rewards through the program. One can earn achievements by reaching betting milestones and there will also be daily rewards that will be offered based on the tier and status of the member. Entering any contest will earn XP points for the member which can increase the loyalty level and there are also Crown rewards for every paid contest that is entered, with one dollar wagered earning one Crown.
Supported Banking Options at DK NJ
As a US based company that caters to US bettors, the supported banking options with DraftKings Sportsbook NJ can easily and securely be used to conduct safe transactions. The site allows members to select from Visa, Discover, MasterCard, and American Express to make instant deposits to an account and there are no fees that will be incurred. PayPal is also a supported deposit method that can be used by New Jersey bettors.
When making a withdrawal, one will simply visit the site cashier and request a withdrawal from the account. All withdrawals will be processed using the same method of deposit and can take as many as three days to process. Withdrawal requests will be processed during standard business hours, which are Monday through Friday from 9am to 5pm. After the three day processing time, it can take from 2 to 7 days for the funds to be credited to the credit card or PayPal account. Members should also note that any winnings of $600 in a single calendar year will be reported as income to the IRS, so players are responsible for taxes on all winnings that are generated while betting at DraftKings. Any member that is making a withdrawal will be required to complete and submit a W-9 form before any withdrawal will be processed.
Sports Coverage at DraftKings Sportsbook NJ
At DraftKings NJ, there are endless betting options and fans of just about any sport will find something they can bet on. There is a large list of covered sports at this site and members can place wagers on the following sports:
- Rugby Union
Each sport will have different bets that can be placed and after selecting a sport, members will see all available wagering options. They will select the type of bet and an amount and add that bet to the bet slip. With exciting action and great odds, sports betting in New Jersey is one of the most exciting ways to support a sport while having the chance to win some huge payouts.
Types of Bets Offered
Any bettors with a DraftKings account will be free to place any of the supported wagers and enjoy the thrilling world of online sports betting. This site supports all the popular bet types and there are many sports that are covered, so the options are virtually endless. One of the most popular bets and the easiest bet to place is a Moneyline bet. This is placed on who will win the game or the match and the odds will be gauged by the underdog and the favorite team.
There are also Futures bets and these will be better for those with sports betting experience and knowledge. With these bets, one will be before the season starts will choose which team will win it all. One of the popular events for Futures bets is the SuperBowl.
Spread bets are very popular with bettors and these are defined by a positive or negative handicap. This is referred to as the line and it can be a complicated system of betting. In a game offers a line of +4.5, one of the teams will be favored by 4.5 points. Another betting option at DraftKings Sportsbook NJ is Total, which is where an over-under bet is placed on whether the final score of the game or match will be over or under the amount set by the site.
Some other great options that can be enjoyed by those with accounts at DraftKings Sportsbook NJ include Parlays, In-Play Betting and Cashing Out Existing Bets. With Parlay bets, two or more single bets will be combined and all conditions must be met in order to win the bet. The payouts for these bets are generally pretty high because the odds are high as well. In-play betting has become the most popular choice for bettors and this allows one to place wagers as events are taking place. With this betting, the odds are constantly being updated and bettors can place wagers throughout the entire event. Cashing out existing bets is not really a betting option, but is a feature that DraftKings Sportsbook NJ members can benefit from. If certain conditions are not right, players can cash out of an existing bet to save a portion of the amount that has been wagered.
Getting Started with Fantasy Sports Betting
After creating an account with DraftKings, members can browse the site and see the great fantasy sports betting options that are also supported. Here are one day and one week contests that can provide great chances at winning and there are beginner contests, 50/50 contests, and more. To get started, members will choose a contest, either a private one or one that is publicly listed in the game lobby. There are a number of contest types like Featured, Head to Head, Tournaments and Leagues, Double Ups, Satellites, Multipliers, and others.
Members will then have to draft their lineup and they will be provided with a salary of $50,000 on which they can spend to add players to the team. Players can be chosen from the Player Pool, which will provide choices of all players that can compete in the contest. Once all positions have been filled, the lineup can be submitted to the selected contest.
If there are wins that are generated, the amount will be credited to the DraftKings Sportsbook NJ account once the contest ends and the win amounts can be used to play more contests or it can be withdrawn from the account. There is also the option to watch live action on the desktop site as well as with the mobile app. With the live option, one can watch how their lineup is performing and can compare an existing lineup to others that are entered in the same contests.
Mobile Betting at DraftKings
While many bettors will appreciate the appealing layout of the desktop site, some will want to place wagers on the go using a mobile device. With the DraftKings Mobile app, Android and iOS user can install the app to their device so they can always access their account and place wagers at any time. Those that are using the mobile app must also be using geo-location services to ensure they are always within the state’s borders when they are placing any bet.
The mobile platform can also be accessed through a web browser, so players that are using devices with other operating systems can still benefit from on the go betting options. If visitors do not yet have a DraftKings Sportsbook NJ account, they can sign up and create a new account using the mobile device and they will be eligible for the 100% match bonus when they place their first bet.
The mobile platform is designed just like the online site and all betting options will be available, including in-play betting. DraftKings Sportsbook NJ strives to present members with secure ways to always have access to the best odds and best betting markets and with the mobile betting options, there is always a way to connect with this reputable site and place secure wagers to generate some of the best sportsbook payouts online in New Jersey.
Customer Support Options
Anyone that visits the site or is a member will benefit from high quality support services when assistance is needed. DraftKings Sportsbook NJ, members will always be able to connect with trained professionals who can offer help with accounts, betting, bonuses, and more. The support team is available 24 hours a day and can be contacted through email as well as with live chat at the desktop or mobile site. There is also a phone support option that is provided and to make use of this one will access the Contact Us page and fill out a form to request a call back from a trained DraftKings rep.
Member Privacy and Protection
All members who create an account will be required to provide verification of their identity before they can engage in real money betting. This is done to ensure that all members are of the legal age to wager online and that they are in fact residents of New Jersey. Players protection and security are the main focus at DraftKings Sportsbook NJ and the site takes all steps to ensure that every visitor has great chances at winning and will benefit from a completely secure betting environment, whether they visit the desktop site or are accessing the site using a mobile device. With great protection and the best security measures in place, bettors will enjoy a positive experience with each and every visit.