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What is the BetMGM Sportsbook New Jersey promo?

The BetMGM Sportsbook New Jersey is $1000 as a second chance bet if a new player’s first real-money wager of up to $1000 loses. Example: sign up for a new account and verify your information. Then, fund your account with an initial deposit of at least $10 and if your first wager loses, you’ll get a second chance bet for the amount of your stake up to $1000.

BetMGM NJ bonus

Sign-up bonus: $1000 in Bonus Bets
Promo code: No code needed
Minimum deposit: $10
Last updated: December 2023

Sportsbook overview

Sportsbook: BetMGM
Legal in New Jersey: Yes
Partner in New Jersey: Borgata Hotel Casino & Spa
Payment methods:
(+7)

Founded in 2017, BetMGM Sportsbook has been a mainstay in the sports betting world for some time now. The following year, BetMGM launched their sportsbook in New Jersey and it’s been a top choice among sports bettors in the state ever since.

In this review, we’ll go over everything you need to know before signing up for BetMGM Sportsbook, the variety of sports you’ll be able to bet on, along with the numerous promotions they offer for NJ players. So without further ado, let’s get into it.

Yes, BetMGM Sportsbook is legal in New Jersey. It was just the second online sportsbook to go live in the state, opening up shop in 2018.

How to sign-up for BetMGM Sportsbook in New Jersey

Screenshot of BetMGM New Jersey homepage

Signing up for BetMGM Sportsbook is a straightforward process that won’t take most users more than 10 minutes. All you need is a laptop or mobile device with internet access and you’re ready to sign-up.

  1. Visit the BetMGM betting app or website and click the “Register” button in the top-right hand corner of the screen.
  2. Once you reach the registration page, you’ll be asked to provide your email address. After pressing “Continue,” you’ll need to enter a suitable password for the account.
  3. On the following page, you’ll need to provide your full legal name as well as the last four digits of your Social Security number. This information will be used to confirm your identity.
  4. Next, you’ll enter your date of birth, mobile phone number, and your home address.
  5. On the final page, you’ll be asked to confirm you are at least 21 years old, acknowledge that all the information you entered is correct, and agree to the app’s terms and conditions. After you press the “Create Account” button, you’re all set to make your first deposit and start betting!

Promos offered by BetMGM Sportsbook New Jersey

As one of the premier sportsbooks on the market, BetMGM offers plenty of promotions for their users. Their welcome bonus will get you off and running, but there are plenty of other promos worth looking into.

Before rushing into the NJ betting app to utilize these promotions, it’s important to remember that BetMGM requires all of their users to opt-in to each betting promo for NJ. Just click on the “Promotions” tab on their website or mobile app and you’ll be able to opt-in to whichever promo suits you. As long as there’s a gold “Active” button in the top-right corner of the promo, that means you’ve opted-in.

Here are the most common BetMGM offers in New Jersey.

  • Welcome bonus: BetMGM offers up to $1,000 in bonus bets if your first bet loses. Once you make a minimum deposit of $10, place a bet on any sport of your choosing. If the bet doesn’t hit, you’ll be refunded the wagered amount in the form of bonus bets. For instance, if you bet $20 on the New York Giants to win but they end up losing, you’ll receive a $20 bonus bet. The bonus bets you receive must be used within seven days of them being issued.
  • Same game parlay insurance: There’s nothing worse than losing out on a parlay just because one of the legs failed to deliver. With BetMGM’s Same Game Parlay Insurance promo, this concern evaporates. Eligible parlays must be at least four legs in length (maximum of 10 legs) with minimum odds of +400. This promotion typically applies to whichever major sport is currently in-season.
  • Parlay booster tokens: From time to time, BetMGM will offer booster tokens for parlays. Typically, the operator will only roll this promo out for a special sporting event (Super Bowl, NBA Finals, etc.). Applying one booster token to one of the parlays provided will add an additional 10 percent odds boost.

BetMGM betting app in New Jersey

Oftentimes, the most convenient way to place bets through BetMGM NJ is with their New Jersey mobile betting app.

BetMGM’s app is available for download on both Apple and Android devices. It holds one of the best ratings among applications in the Apple Store, earning a 4.8 out of 5 rating from users. On the Google Play Store, the betting app has a respectable 3.8 out of 5 rating.

The BetMGM betting app is free to download for Apple and Android devices.

How to download the BetMGM app on Apple devices

  1. Log in to the App Store via your iOS device with your Apple ID and password.
  2. Search for “BetMGM Sportsbook” in the search bar.
  3. Press “Get,” then “Install” and wait for the download to complete.
  4. Open the app, turn on your location services, and log in with your BetMGM username and password.
  5. Make a deposit with a method of your choosing and start betting.

How to download the BetMGM app on Android devices

  1. Log in to the Google Play Store on your Android device with your username and password.
  2. Search for “BetMGM Sportsbook” in the search bar.
  3. Press “Install” and wait for the download to complete.
  4. Open the app, turn on your location services, and log in with your BetMGM username and password.
  5. Make a deposit with a method of your choosing and start betting.

Deposit and withdrawal methods on BetMGM Sportsbook

BetMGM NJ offers a wide selection of payment methods to choose from. They accept 10 different deposit methods, along with four withdrawal methods. New Jersey’s deposit/withdrawal systems are similar to those found in other states.

Deposit methods for BetMGM Sportsbook include:

  • Mastercard, Visa, Discover credit, and debit cards
  • PayPal
  • Online banking
  • Apple Pay
  • MGM Rewards Mastercard
  • ACH (e-check)
  • PayNearMe
  • Bank Wire Transfer
  • BetMGM Play+
  • GAMEON Card

Withdrawal methods include:

  • PayPal
  • Online bank transfer
  • ACH (e-check)
  • BetMGM Play+

How to make a deposit

To make a deposit on BetMGM Sportsbook, click or tap the “Deposit” button in the top-right corner of your screen. Next, you’ll be able to select which payment method you’d like to utilize and how much money you’d like to put into your account.

BetMGM allows you to add $25, $50, $100, $250, or a custom amount. After selecting how much you’d like to deposit, head toward the bottom of the screen and hit “Deposit [amount].” All transactions made through the BetMGM website or app (deposit/withdrawal) must be at least $10.

How to make a withdrawal

Withdrawing money from your BetMGM account is similar to the depositing process, with just a few key differences. First, click your account icon in the top-right corner of the screen. You’ll then be given the option to deposit or withdraw money; click “Withdraw.”

After reaching the withdrawal page, you’ll enter the amount of money you’d like to take out and the payment method you’d like to use. Then, hit the “Withdraw” button at the bottom of the screen and your winnings are all yours.

Sports you can bet on with BetMGM Sportsbook New Jersey

Screenshot of BetMGM New Jersey Sport section

BetMGM Sportsbook offers 21 sports for users to place bets on, making it one of the largest selections on the market.

Under New Jersey state law, betting on college sports for in-state teams is not permitted. Rutgers, Princeton, St. Mary’s, and Fairleigh Dickinson are all off-limits, unfortunately. However, NJ residents are still allowed to bet on college sports out of state.

Here are the top options for players in New Jersey.

  • Football: The NFL is the king of the sports betting world in the United States; in New Jersey, it’s no different. The New York Giants and New York Jets both play their home games in East Rutherford, NJ, despite their New York origin. As the official betting partner of the Jets, BetMGM frequently offers Jets-specific promotions throughout the NFL season.
  • Basketball: Although New Jersey does not have any NBA teams in their state, there’s still a loyal Brooklyn Nets following in the state. The franchise played in NJ from 1977-2012 as the New Jersey Nets.
  • Hockey: The New Jersey Devils have had a devout following ever since their inception in 1982 when the Colorado Rockies moved to NJ and became the Devils. New Jersey has played in the Stanley Cup five times, winning it in 1995, 2000, and 2003.
  • Baseball: While New Jersey doesn’t have an MLB team, you’ll typically find plenty of New York Yankees fans in The Garden State. The Yankees are one of the biggest brands in all of sports, having won 27 World Series titles throughout their storied history.

Does BetMGM have a retail location in New Jersey?

Yes, BetMGM Sportsbook does have a retail location in New Jersey. The BetMGM Sportsbook & Bar is located in the Borgata Hotel Casino & Spa at 1 Borgata Way in Atlantic City, NJ.

Our expert opinion on BetMGM Sportsbook New Jersey

BetMGM Sportsbook has established itself as one of the premier sportsbooks in New Jersey and the reasons are quite obvious. Their easy-to-use app is accessible to newcomers and betting veterans alike, and their unmatched variety of sports to bet on provides something for every bettor’s interests.

The operator stands out among their competitors with their promotions, and the parlay insurance is especially appealing. Parlays are a great way to get started in your New Jersey sports betting venture, but they can be daunting, especially when upwards of five different bets are involved.

BetMGM’s parlay insurance gives bettors some leeway by refunding their parlay wager if one of the legs fails to win. It’s great for new users and it adds new strategies to consider for long-time players.

It can be a bit of a hassle opting in for each promotion. Most sportsbooks automatically apply promos for users. Nevertheless, the quality of the promos offered by BetMGM, along with their wide variety of offers to choose from, more than makes up for the extra step users must take.

BetMGM is one of the most recognizable sportsbook brands on the market and their New Jersey operation absolutely meets their lofty standards.

Our rating of BetMGM Sportsbook New Jersey

(4.5)

Welcome bonus
(4)
Payment options
(5)
Sportsbook app
(4)
Variety & features
(5)
Customer support
(5)

Betting NJ has given BetMGM New Jersey an overall rating of 4.5 out of 5. This rating is based on the following criteria.

  • Welcome Bonus: Rating 4/5. BetMGM’s welcome bonus is exactly what you’d expect out of a mainstream sportsbook. It doesn’t necessarily exceed expectations, but it comfortably meets them.
  • Payment Options: Rating 5/5. There’s no shortage of payment options when using BetMGM. They allow users to choose from a wide variety of payment methods, for both depositing and withdrawing money.
  • Sportsbook App: Rating 4/5. BetMGM’s mobile app is simple in design, with enough depth to satisfy even the most experienced users. Its only downfall is how common the look of their app is; it doesn’t provide much nuance from what other sportsbooks provide with their apps.
  • Variety and Features: Rating 5/5. BetMGM offers everything you’d expect from a top-of-the-line sportsbook, and then some. With over 20 sports to bet on and plenty of promotions to choose from, there’s something for everyone here.
  • Customer Support: Rating 5/5. BetMGM’s around-the-clock customer support alleviates any stress newcomers may have when using the sportsbook. They have a vast FAQ section as well, where you find answers to nearly any question that may pop up during your time with the operator.

FAQ

How old do you have to be to use BetMGM Sportsbook in New Jersey?

You must be at least 21 years old or older to use BetMGM Sportsbook NJ.

Can I bet on any type of sport using BetMGM Sportsbook NJ?

Yes, you can bet on nearly any type of sport through BetMGM Sportsbook NJ. With 21 sports to choose from, their variety is truly unmatched. However, it’s important to note that NJ residents are prohibited from betting on college sports if it involves in-state teams.

Where can I find the latest BetMGM Sportsbook NJ promotions?

You can get the latest BetMGM promotions by frequently visiting this page or by checking the promotions tab on their mobile app or website.

Fact checked by: Gary Garry