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Deposit match bonus in New Jersey

Here, you will learn all you need about deposit match bonuses in New Jersey. From what they are to how to receive one from NJ sportsbooks, we have got you covered every step of the way.

Table of contents

About deposit match bonuses

As the name suggests, a deposit match bonus is when a sports betting site in New Jersey gives you credit in your account that’s the same amount as your deposit. The amount is not infinite, and so, the sportsbook will put a cap on how much they’ll actually award. This is to ensure that they remain profitable, despite basically giving out free money to customers.

The amount they are willing to match is determined by the terms and conditions of the bonus. They’ll usually state it as a percentage. For example, they’ll say “match deposit bonus of 100% of your first deposit up to $200”. This means that if you deposit $2000, the sportsbook won’t give you $2000, they’ll only give you $200. That’s why it’s always important to make sure that you clearly understand the terms and conditions.

There are a number of circumstances under which a sportsbook in New Jersey will offer betting promos such as a match deposit bonus. The most common is a sportsbook first deposit bonus. This is meant to encourage a new sign up to deposit real money into their account and to start betting. Other times, the bonus may be part of an ongoing promotion or as a way of encouraging more deposits during a big sporting event such as the Super Bowl, for example.

How to receive a deposit match bonus in New Jersey

Below, we’ve put together a step-by-step guide to help you find a good and legit deposit match bonus in New Jersey. While the process may differ slightly from one sportsbook to another, it's generally the same and easy to get through:

  1. Find a betting site in NJ that offers a deposit match bonus - On the top of this page you’ll find the best deposit match bonuses available in NJ. You’re guaranteed valid promos that are active before any expiration date. You also have the chance to thoroughly read the terms and conditions of the match deposit bonus offer if you visit each betting site through the links we provide.
  2. Make sure the betting site is legit - Another very important step after checking if the promotion is valid is to check if the sportsbook is legit. There are many unscrupulous websites looking to steal money or that are operating illegally. All sportsbooks in New Jersey are required to have a license. This information will be found on the footer of the website. You can also double-check the licensing information on the Division of Gaming Enforcement (DGE) website. The DGE is the New Jersey gaming regulator, and they have information on all sportsbooks that are licensed to operate in the state.
  3. Make sure the betting site has your preferred payment method - In order for you to get the match deposit bonus, you need to make a deposit first, right? So, make sure that your chosen sportsbook has your preferred payment methods. A good sports betting site will have numerous options such as debit and credit cards, PayPal and Play+.
  4. Deposit - Pick a deposit method and follow the prompts. Because sportsbooks understand how important it is for transacting to be easy, they’ll make sure the process is as seamless as possible for you. Select how much you’d like to deposit and add it to your account. Remember to take note of how much the sportsbook is going to match since there’s usually a limit. You can decide if you want to add more than this limit or be more cautious and add less.
  5. Use a promo code if required - You may need to add a bonus promo code in order to access the matched deposit bonus offer. When you get the code from an affiliate site, copy it to the sportsbook and see if it’s valid. If there's a problem, you can ask the customer service team for assistance. There may be live chat options on the sportsbook’s website or in their mobile app that you can use to communicate with them.
  6. Start betting - Now that you’ve made your deposit and the match deposit bonus is active, it’s time to have some fun and make a bet. Check what events are happening soon, and consider the odds. You’re free to use whatever type of betting strategies you want with your bonus.

Terms and conditions of deposit match bonuses in NJ

No matter where you get a match deposit bonus from, there’ll be terms and conditions of use. This is for sportsbooks in New Jersey to make sure that the bonus is not abused. They want to prevent dishonest people from signing up, just to withdraw the deposit bonus.

It’s also a place to refer to when there’s a dispute with the match deposit bonus. Both the sportsbook and the customers use this as a way of making sure that all parties are on the same page.

Generally speaking, the T&Cs are the rules that determine:

  • The validity period of the match deposit bonus
  • Who qualifies for the bonus
  • Under what circumstances can you get the bonus
  • The value of the money that the bonus is worth
  • What happens if you win a bet from the bonus
  • Details of the wagering requirements
  • Under what circumstances may you be disqualified for the bonus

All of the above serves as a way of covering all angles of anything that might be disputed. If you’re on a sportsbook and there’s no link to terms and conditions, you should be skeptical. It’s an important part of bonus offerings that should not be taken lightly.

Wagering requirements

A term you’ll come across in a match deposit bonus’s terms and conditions is “wagering requirements”. This is basically the number of times you must make a bet with the bonus money before you can withdraw your cash. You should bet through the full match bonus amount before you can withdraw any winnings you get from it.

Another thing you need to be aware of is that, sometimes, not all games or sports are counted towards wagering requirements. So, when you start placing your bets, make sure it’s with sports that qualify.

Pros and cons of a deposit match bonus in New Jersey

It’s clear that getting New Jersey betting bonuses such as match deposit bonuses is always very exciting. But, could there be downsides to this attractive offer? In this section, we’ll take a look at the benefits and downsides of match deposit bonus offers for players in New Jersey. This information will help you discern what a good match deposit offer looks like versus one that won’t be very beneficial.

Pros of a deposit match bonus

  • Increases your playable funds: When the sportsbook adds more cash into your account as part of the match deposit bonus, you have more money to play around with. You can spread out the funds across multiple games or sports, for example. This will increase the amount of time you get to enjoy betting on different sporting events. If there’s a big tournament over the weekend, for example, you have the chance to place bets on many games and, thus. Keep the excitement going.
  • Check out different games with the bonus: You have the chance to be more experimental with a deposit bonus in your hands. There are many sports out there that you can bet on. Obviously, you might not know how all of them work, but if you’ve been thinking of diversifying your betting options, this is your chance. For example, if you’re a massive NBA fan, you can take the time to check out the big European leagues and place bets there. In addition, there are various betting types available for punters. Try some of these out with the deposit bonus while still protecting your own funds.
  • Build a bankroll without risking your own funds: Keep your bankroll looking healthy when you make use of a match deposit bonus. You can place multiple bets with the bonus offer and watch your bankroll grow.

Cons of a deposit match bonus

  • Limited game choice: As part of the terms and conditions of a game, there may be limited games that you can place bets on. The wagering requirements may limit you to only wagering on a specific market. You might not have a lot of knowledge of the market, which puts you at a disadvantage. Though betting is a game of chance, there’s still an element of knowledge required to place bets that are most likely to win.
  • Multiple bonus requirements before you can withdraw: Once again, wagering requirements play a major role in your ability to withdraw bonus winnings. The sportsbook may require you to place a certain number of bets worth a specified amount before you can make any withdrawals. Furthermore, these bets may be limited to certain sports.


Is there a maximum deposit match bonus in NJ?

No, there is no maximum deposit match bonus in NJ. But, it’s up to the sportsbook to decide how high they’ll go. It’s unlikely that you’ll come across an online betting site that’s willing to match any amount you deposit. If you do, it’s probably not legit. A licensed and regulated sportsbook will state up to what amount they are willing to match your deposit. They’ll also clearly state what the terms and conditions of accessing and using the deposit match bonus are, as well as the rules for withdrawing winnings.

Do I need to use a promo code to get a deposit match bonus in NJ?

No, you don’t always need a promo code to access a deposit match bonus in New Jersey. Some sportsbooks will automatically give you if you complete something like signing up. If you do require a promo code, though, you’ll be asked by the sportsbook to enter it during the sign up process or during the deposit process.

Are deposit match bonuses only for new players in New Jersey?

No, deposit match bonuses are not only for new players on New Jersey betting sites. Though they are commonly given to new players as a way of encouraging them to make a real money deposit, the deposit match bonus can also be a gift or as part of a promotion. The sportsbook will have clear information on who qualifies for the bonus offer.