$1000 in Bonus Bets
By: Brian Cass 
Fact checked by: Gary Garry 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.
| Title | Info |
|---|---|
| Sign-up bonus: | $1000 in Bonus Bets |
| Promo code: | No code needed |
| Minimum deposit: | $10 |
| Last updated: | December 2023 |
| Title | Info |
|---|---|
| Sportsbook: | BetMGM |
| Legal in New Jersey: | Yes |
| Partner in New Jersey: | Borgata Hotel Casino & Spa |
| Payment methods: | |
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.
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.
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.
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.
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.
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.
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.
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.
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.
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.
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Betting NJ has given BetMGM New Jersey an overall rating of 4.5 out of 5. This rating is based on the following criteria.
You must be at least 21 years old or older to use 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.
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