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What was the Betway Sportsbook New Jersey promo?

The promo for Betway Sportsbook New Jersey was a $250 Bonus Bet with their first wager if the wager was a losing one. Example: To claim the promo, you visited the Betway website and created a verified Betway account. You opted into the ‘Sports Welcome Offer,’ made a deposit of $10 or more, and placed an eligible wager. If this wager was a losing one, you received Bonus Bet Funds up to $250 within 36 hours. The Bonus Bet Funds had to be used within 7 days.

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Betway NJ Bonus

Sign-up bonus: No Promo
Promo code: N/A
Minimum deposit: $10
Last updated: December 2024

Sportsbook overview

Sportsbook: Betway
Legal in New Jersey: No
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 took a solid foothold in one of the top U.S. sports betting markets. In this Betway Sportsbook review, we looked at the features and traits of the operator, detailed how to sign up, and ultimately assigned an overall rating to the operator.

How you could play on Betway Sportsbook in NJ and get the promo

Screenshot of Betway New Jersey homepage

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

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

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

No, Betway Sportsbook is not legal in New Jersey. Betway was licensed by the New Jersey Division of Gaming Enforcement (NJDGE), so all bets placed with the operator were protected by SSL software and other cybersecurity and encryption protocols. However, Betway closed in New Jersey on July 31, 2024.

Sports you could bet on at Betway NJ

Screenshot of Betway New Jersey Sport section

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

Formerly available bets on Betway sportsbook in New Jersey

Betway Sportsbook in New Jersey provided bettors with scores of available bet types, whether you were looking to craft an intricate parlay, place a simple moneyline bet, or anything in between. Here are the bet types you found:

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

Pros and cons of Betway New Jersey

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

Pros

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

Cons

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

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

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

What was the Betway mobile betting app in NJ like?

The Betway mobile betting app in NJ featured a rather basic design and layout, but it wasn’t boring by any stretch of the imagination. Betway offered a unique app for every state where it operated, so you needed to make sure you had 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 came with the early stages of app development including troubles with geolocation and 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 was a solid option for sports bettors to mix into their gambling toolkit. The welcome bonus was enticing, giving new players up to $250 in bonus bets if their first bet didn’t win and requiring a small $10 deposit to be eligible.

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

With regard to areas of improvement, more New Jersey betting bonuses would have been highly beneficial. Additionally, we’d have liked 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 gave Betway Sportsbook New Jersey an overall rating of 3.5 out of 5. This rating was based on the following criteria:

  • Welcome bonus - Rating 4/5:

    The Betway New Jersey promo offered a generous up to $250 Bonus Bet for new customers' first losing wager, but winnings from bonus bets excluded the stake, making it less appealing.

  • Payment options - Rating 4/5: The list of Betway deposit and withdrawal options was competitive among New Jersey bookies, and it was an area where the operator continued to expand. Withdrawal times might have been slightly longer than with other platforms.
  • Sportsbook app - Rating 3/5: Betway was still in need of some app development. Reviewers ran 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 were a bit concerning.
  • Variety & features - Rating 4/5: With 20 sports to choose from when making your wagers, Betway had a nice selection. Same-game parlays were easy to create. Adding live streaming for in-play betting would have been 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

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

Yes, you needed to be 21 or older to bet on Betway Sportsbook in NJ. Whether you were 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.

Was Betway Sportsbook safe to bet on in New Jersey?

Yes, Betway Sportsbook was safe to bet on in New Jersey. Betway was licensed by the New Jersey Division of Gaming Enforcement (NJDGE) and had to comply with rigid security standards for cybersecurity and handling of sensitive data.

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

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