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What is the Betway Sportsbook New Jersey promo?

The promo for Betway Sportsbook New Jersey is a $250 Bonus Bet with their first wager if the wager is a losing one. Example: To claim the promo, visit the Betway website and create a verified Betway account. Opt-in to the ‘Sports Welcome Offer’, make a deposit of $10 or more, and place an eligible wager. If this wager is a losing one, you will receive Bonus Bet Funds up to $250 within 36 hours. The Bonus Bet Funds must be used within 7 days.

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Betway NJ Bonus

Sign-up bonus: Up to $250 in Bonus Bets
Promo code: No code needed
Minimum deposit: $10
Last updated: May 2024

Sportsbook overview

Sportsbook: Betway
Legal in New Jersey: Yes
Partner in New Jersey: Golden Nugget Atlantic City
Payment methods:
(+3)

Betway Sportsbook wasn’t among the first group of online NJ sportsbooks to launch, but the bookmaker has taken a solid foothold in one of the top U.S. sports betting markets. In this Betway Sportsbook review, we’ll take a look at the features and traits of the operator, detail how to sign up, and ultimately, assign an overall rating to the operator. Let’s get started!

How to play on Betway Sportsbook in NJ and get the promo

Screenshot of Betway New Jersey homepage

Playing on Betway Sportsbook in NJ is a breeze once you’ve completed the registration process. Here’s what you’ll need to do to get started:

  1. Visit the Betway Sportsbook New Jersey website and click on the 'GET BONUS' button located at the top of our page to begin the process.
  2. Register to create a new Betway New Jersey account by providing the necessary personal details to verify your account.
  3. Opt in to the ‘Sports Welcome Offer’ through the promotions section or as per the instructions provided on the platform.
  4. Make a minimum qualifying deposit of at least $10 into your newly created Betway account.
  5. Place your first qualifying wager of $10 on the Betway Sportsbook.
  6. Should your Qualifying Wager result in a loss, receive up to $250 in Bonus Bet Funds credited to your account within thirty-six (36) hours, which can be used for future wagers within the Betway Sportsbook.

When those steps are done, you can make a deposit to fund your account and begin placing bets.

How to fix issues if the Betway New Jersey promo is not working

If the Betway New Jersey promo isn't working, first try clearing your cache and cookies on your browser or app settings as outdated information can sometimes cause issues. If this doesn't resolve the issue, uninstalling and then reinstalling the app can be effective. 

This process refreshes the app’s data and can often solve unexpected glitches. It's crucial to ensure that you meet all promotional terms, such as being a new customer, making a qualifying deposit, opting into the promotion correctly, and placing a qualifying wager according to the promotion’s conditions

If problems persist, contacting customer support is a reliable next step. Customer support can offer insights into any potential account issues or guide you through the process to ensure you can access the promotion correctly. Remember to check that your wager meets the promotional criteria, including the minimum odds and the wagering requirements.

Terms of the Betway New Jersey promo

  • To qualify, new Betway customers must make a deposit of $10 or more and place an eligible wager. If this wager is a losing one, customers will receive Bonus Bet Funds equal to their stake up to $250. These Bonus Bet Funds must be used within seven (7) days.
  • When placing a wager using Bonus Bet Funds, only winnings are returned to the customer, excluding the original stake.
  • The offer is valid from January 1, 2024 to June 30, 2024.
  • This promotion is available only to new Betway customers in New Jersey who opt-in and make a qualifying deposit of at least $10.00.
  • Customers must opt-in during the Promotion Period before making a Qualifying Deposit and placing a Qualifying Wager.
  •  The first wager placed after opting in and making a deposit must be with odds of at least -300, placed and fully settled within seven days of opening the new Betway account, made with real money, and cannot be an enhanced odds wager.

Yes, Betway Sportsbook is legal in New Jersey. However, bettors need to be 21 or older to place a real money wager. Betway is licensed by the New Jersey Division of Gaming Enforcement (NJDGE), so all bets placed with the operator are protected by SSL software and other cybersecurity and encryption protocols. In addition to being legal, it’s also safe to use for NJ bettors.

Sports on Betway NJ

Screenshot of Betway New Jersey Sport section

Betway NJ has a large array of sports to choose from when adding wagers to your betting slip - 20, to be exact. Many of the sports will include in-play betting options, prop bets, same-game parlays, and more. Furthermore, there are multiple leagues available within the various categories. Here is a list of Betway NJ’s sports offerings:

  • Aussie Rules
  • Baseball
  • Basketball
  • Boxing
  • Cycling
  • Cricket
  • Darts
  • eSports
  • Football
  • Golf
  • Hockey
  • Lacrosse
  • MMA
  • Motor Racing
  • Rugby League
  • Rugby Union
  • Snooker
  • Soccer
  • Tennis
  • Volleyball

Available bets on Betway sportsbook in New Jersey

Betway Sportsbook in New Jersey provides bettors with scores of available bet types, whether you’re looking to craft an intricate parlay, place a simple moneyline bet, or anything in between. Here are the bet types you’ll find.

  • Moneyline bets: In their simplest form, moneyline bets involve picking the winner of a sporting event. It doesn’t matter how much your bet wins by, whether the win comes in regulation or overtime, or any other factor.
  • Spread bets: Playing a spread bet involves wagering on the margin of victory. Teams who are expected to win are called the “favorite,” and they have to win by a certain number of points to cover the spread. For example, if the New York Giants are 3.5-point favorites for a spread bet, the Giants must win by for points or more for their spread bet to pay out. Conversely, if you’re betting on New York’s opponent, say, the Dallas Cowboys who are 3.5-point underdogs, a bet on the Cowboys would hit if Dallas won outright or lost by fewer than four points.
  • Half-time/full-time bets: This is a type of bet made simultaneously for the half-time, and the full-time outcome of the game. This can be either team having a lead or having a tie occur. This is especially common for soccer bets.
  • Parlay bets: Parlay bets involve combining multiple betting outcomes into one unique wager. This bet features a multiplier for each “leg” you add to the parlay - the more outcomes, the higher the multiplier. This can make parlays quite lucrative even at a relatively low upfront cost, but keep in mind that if any one of those legs doesn’t hit, the entire bet is lost.
  • Total bets: Also called “over/under” bets, total bets are a wager on the combined point total of the two competing teams. This is a great option for beginners who are still developing betting strategies and aren’t as confident in picking winners, but it’s still a fun choice for seasoned bettors as well.
  • Prop bets: Short for “proposition bets,” prop bets are wagers that don’t necessarily have a direct relation to the outcome. They can involve things like bets for a player to finish over or under a certain statistical threshold, or which team will score 10 points first. During the Super Bowl, props can include things like the time length of the National Anthem or the color of the sports drink poured on the winning coach.
  • Future bets: Future bets are wagers on long-term outcomes such as which team will win the championship or which player will be named MVP. Usually, the earlier you place a futures bet, the better the odds you’ll get for that outcome.
  • Live betting: The terms “live betting” and “in-play betting” are interchangeable, but Betway uses “live betting” for its bookmaking lines. Live betting involves betting on outcomes after the game has already started. Lines are constantly moving while in-play betting is underway. It takes great instincts and quick decision-making ability to be a successful live bettor as one pick can make the difference between a small or a big payday.
  • Teaser bets: A teaser bet is similar to a parlay bet. Betway allows players to build a teaser bet to adjust the point spread over multiple games. This actually makes the bet a lot easier to win, but it also means the payouts aren’t as rewarding. The most common teaser bet is a two-team, six-point football teaser.

Pros and cons of Betway New Jersey

While much of the weight on a decision can be on the value of the sign-up bonus, there are many other factors that can tip the scales in either direction. Here, we’ve assessed the pros and cons of Betway New Jersey in the state’s crowded betting landscape.

Pros

  • Betway offers a large array of sports to bet on.
  • There are lots of in-play betting and same-game parlay options.
  • Customer support is standing by 24/7.
  • Early cashout is available on certain bets.

Cons

  • There’s a smaller number of promotional offerings compared to other bookmakers.
  • Sportsbook apps aren’t as highly rated as other New Jersey options.
  • The app is specific to New Jersey, so you’ll need to download a new app to play on your mobile device while traveling out of state.

Can you bet on college sports on Betway sportsbook in NJ?

Yes, you can bet on college sports on Betway Sportsbook in NJ, but there are some limitations. You cannot place a bet on any of the New Jersey-based college teams, nor can you place a bet on any collegiate event taking place within the state borders even if NJ teams are not participating.

What’s the Betway mobile betting app in NJ like?

The Betway mobile betting app in NJ features a rather basic design and layout, but it’s not boring by any stretch of the imagination. Betway offers a unique app for every state where it operates, so you’ll need to make sure you have the New Jersey version to place a wager.

Reviewers gave Betway a 3.6/5 rating in the Google Play Store and a 3/5 rating in the iOS App Store. Users on both platforms cited some of the usual performance bug issues that come with the early stages of app development including troubles with geolocation and with displaying their betting histories. Making deposits and withdrawals, and contacting the sportsbook's support team both were quick and convenient to do. In general, we found the app to be intuitive and mostly reliable.

When did Betway launch in New Jersey?

Betway launched in New Jersey in August of 2021. The sportsbook used a soft launch early on to test for any bugs in the software before doing a full launch on August 20. This meant Betway was able to take sports bets ahead of the 2021-22 NFL season; football is the most popular sport to bet on in NJ.

Our expert opinion of Betway Sportsbook

In our expert opinion, Betway Sportsbook is a solid option for sports bettors to mix into their gambling toolkit. The welcome bonus is enticing, giving new players up to $250 in bonus bets if their first bet doesn’t win and requiring a small $10 deposit to be eligible.

We particularly appreciate the betting interface. The sportsbook was easy to use in both an app and a browser, and the display is aesthetically pleasing. Furthermore, we appreciated the betting statistics available with each matchup. Having that information readily available when placing a wager is an excellent asset for bettors.

With regard to areas of improvement, more New Jersey betting bonuses would be highly beneficial. Additionally, we’d like to see more live-streaming options for in-play betting.

Our rating of Betway Sportsbook New Jersey

(3.5)

Welcome bonus
(4)
Payment options
(4)
Sportsbook app
(3)
Variety & features
(4)
Customer support
(3)

Betting NJ has given Betway Sportsbook New Jersey an overall rating of 3.5 out of 5. This rating is based on the following criteria:

  • Welcome bonus - Rating 4/5: The Betway New Jersey promo offers a generous up to $250 Bonus Bet for new customers' first losing wager, but winnings from bonus bets exclude the stake, making it less appealing.
  • Payment options - Rating 4/5: The list of Betway deposit and withdrawal options is competitive among New Jersey bookies, and it’s an area where the operator continues to expand. Withdrawal times may be slightly longer than with other platforms.
  • Sportsbook app - Rating 3/5: Betway is still in need of some app development here. Reviewers have run into problems with the app crashing or a session logging them out while putting together a betting slip, and the lower scores in the app stores relative to other NJ sportsbooks are a bit concerning.
  • Variety & features - Rating 4/5: With 20 sports to choose from when making your wagers, Betway has a nice selection. Same-game parlays are easy to create. Adding live streaming for in-play betting would be a huge benefit.
  • Customer Support - Rating 3/5: The information in the FAQ pages covered a fair amount of ground but didn’t go very in-depth. The chat feature was cyclical at times, trying to direct us to the wrong information. Support response times varied by channel.

FAQ

Do I need to be 21 to bet on Betway Sportsbook in NJ?

Yes, you need to be 21 or older to bet on Betway Sportsbook in NJ. Whether you’re playing at Betway or another betting operator, New Jersey state law requires you to be at least 21 years of age to place a sports bet.

Is Betway Sportsbook safe to bet on in New Jersey?

Yes, Betway Sportsbook is safe to bet on in New Jersey. Betway is licensed by the New Jersey Division of Gaming Enforcement (NJDGE) and must comply with rigid security standards for cybersecurity and handling of sensitive data. You can trust that your personal and banking information will be safe and secure at all times with Betway Sportsbook.

What is the minimum deposit amount on Betway Sportsbook in NJ?

The minimum deposit amount on Betway Sportsbook in NJ is $10 for all deposit methods.