Bet365 NJ Sportsbook App: Bet $1, Get $200 Guaranteed Bonus Bets [April 2023]
A worldwide sports betting and online casino brand is available to bettors in the Garden State via the bet365 NJ Sportsbook app. The company has also launched in Colorado, Ohio, and Virginia, with each state having access to one of the strongest new user offers in the industry.
Sports bettors in New Jersey can download the bet365 NJ Sportsbook app on any iOS or Android device. Registering via our links on this page will apply our bet365 NJ promo code automatically, so you won’t need to manually input one. The sportsbook’s new user promo is easily one of the strongest available in NJ online sports betting.
How to Download the bet365 NJ Sportsbook App and Bet $1, Get $200 Bonus Bets
Sports bettors who want to get in on the action with bet365 NJ can do so by signing up for an account. Complete the steps below to register with bet365:
- Download the bet365 NJ Sportsbook app via the App Store or Google Play.
- Provide the necessary personal information to confirm your identity, including your full legal name, residential address, phone number, and date of birth.
- Input your email address and create a password.
- Accept a geolocation verification request to confirm you’re within the NJ state limits.
- Choose a deposit method like online banking or PayPal.
- Make an initial deposit to lock-in the new user promo.
There’s a chance that if bet365 cannot confirm your identity that you’ll need to provide the last four digits of your SSN or a picture of your photo ID.
New User Promos
Bet $1, Get $200 Bonus Bets
Bet365 NJ Sportsbook has the highest upside new user promo in the business. Players who wager $1+ on any betting market after signing up via our links will earn a $200 return in guaranteed bonus bets. These bonus bets will then be eligible for use on any game in any sports league.
$1,000 Casino Bonus
If you’re more interested in the online casino side of the bet365 NJ Sportsbook app, you can take advantage of a $1,000 casino bonus. This offer is available through the bet365 NJ online casino section of the app, where you can play various bet365 casino slots and other games as well.
Deposit Methods for bet365 NJ
New players who register for an account will have multiple options to make an initial deposit. This includes account funding methods such as:
- Online Banking
- Credit/Debit Card
- Cash at Cage
It’s important to note that there are fewer withdrawal methods, however many of the most popular deposit methods are also available for withdrawal. These methods include:
- Online Banking
- Credit/Debit Card
- Cash at Cage
Sports to Bet On
Players who bet with the bet365 NJ Sportsbook app will find a lengthy list of sports leagues to bet on. This includes action in the following sports:
- Australian Rules
- Formula 1
- Rugby League
- Ruby Union
Available Bet Types
Bet365 has quite a few bet types available for game and player markets, including:
One of the most popular bet types offered by bet365 is the moneyline bet. This is a straightforward bet that requires players to select the team they believe will win the selected game. The only downside to a moneyline bet is that heavy favorites require a much larger initial bet in order to make a decent profit. On the flip side, a successful moneyline wager on an underdog will net a larger profit.
Another popular bet type offered by bet365 NJ is the point spread bet. In a point spread bet, bet365 will set a margin of victory for one team, and players can bet on whether that team will win by more or less than the established margin. Point spread bets are particularly popular in football and basketball, where teams are often heavily favored or underdogs. It’s worth noting that point spread bets allow bettors to hedge a bit, allowing for an underdog to either win outright or lose by a close margin.
Over/Under Total Points
Bet365 NJ also offers over/under bets, which allow customers to bet on the total number of points, goals, or runs scored in a selected sports game. Over/under bets can be particularly exciting, as the total doesn’t settle until the final whistle, giving bettors a reason to stick around until the game ends, even in a blowout.
History of Bet365 In the United Kingdom
Bet365 started in the United Kingdom more than 20 years ago. Initially founded by Denise Coates, the company started in a parking lot of all places. Denise had experience with bookmaking after helping her father’s betting shops while in college.
One thing led to the next after she finished university with the equivalent of a degree in econometrics and she was able to secure a massive loan of nearly $18M to grow the business and then she purchased bet365.com.
Her first big move was to launch her family’s sports betting operation on the internet. A simple task in today’s world, it was quite the effort 20 years ago. Bet365 currently employs more than 5,500 people, has nearly 80 million customers, and the company reported $3.4B in revenue for 2022.
The Coates family is worth over $10.7B USD, of course partially from bet365, but also from their ownership of the Stoke City soccer club.
Bet365’s American Launch
Bet365 is currently available in four states, including New Jersey, Colorado, Virginia, and Ohio.
In New Jersey, bet365 received regulatory approval from the Division of Gaming Enforcement in 2019, allowing the company to offer online sports betting to customers in the state. Just ahead of the launch of their online and mobile sportsbook in New Jersey, bet365 announced a partnership with Atlantic City’s Hard Rock Hotel and Casino. Since launch, bet365 has quickly established itself as one of the best NJ Sportsbook Apps, bringing many of the enticing in-app promos and features from the UK to its US app.
Bet365’s launch in Colorado came on September 1, 2022, following regulatory approval from the state’s Division of Gaming. The company then launched the app on January 1, 2023 in the Buckeye State, which coincided with the launch of Ohio online sports betting. Bet365 most recently launched in Virginia, going live in the Old Dominion State on January 31, 2023.
Overall, bet365’s launch each of these states represents a significant expansion of its operations in the US market. The critical thing to note is the relatively short timeframe they went live in the latter three states. It stands to reason they could look to launch in even more states in 2023 and beyond.
Why is bet365 Successful?
Bet365 is in a highly-competitive market in legal online sports betting. The New Jersey sports betting market is at another level entirely. It was critical ahead of the app’s launch in the Garden State that the bet365 NJ Sportsbook app would stand out as being user-friendly and lag-free. By the time bet365 launched in New Jersey, the app’s developers had built a technological infrastructure that reduced or eliminated lag and remained streamlined and snappy while navigating through a multitude of betting markets.
One of bet365’s proprietary technologies is its in-house sportsbook software. This software allows the company to manage its sports betting operations, including odds management, risk management, and customer account management. The software is highly customizable and can be tailored to meet the specific needs of different markets and regions. As such, the app is not reliant on outside companies to provide data or systems to make the app function.
Bet365 has also developed a proprietary trading system that uses real-time data and machine learning algorithms to determine odds and betting lines. This system is constantly updated based on new data and market trends, allowing bet365 to offer competitive odds and adjust its lines quickly in response to changes in the various games with betting markets.
Live Betting Visionary
In the early stages of online sports betting, the concept of live, in-game betting was seen as a fun potential feature with a limited market. Bet365 focused on that niche, and it has turned into a massive cash cow.
Nearly 80% of their revenue today is based on in-game betting, as Bet365 provides sports bettors the opportunity to bet on what they think will happen while a game is in progress. Live betting has expanded into other apps since, but bet365 was a true innovator in its implementation.
How Has Bet365 Competed With Other Sportsbooks in NJ?
The amazing success of bet365 across the pond led many sports betting insiders to ask aloud whether or not bet365 could truly compete in the NJ online sports betting market. The answer has been a resounding yes.
As outlined above, Bet365 having their own in-house technology allows them to do many, many things without being reliant on others. An example of the opposite situation would be how DraftKings Sportsbook has to rely on Kambi for it sports betting software. Within the new world of legal sports betting in the United States, this is major win for Bet365.
Does Bet365 Limit Accounts?
Yes, Bet365 reserves the right to limit the size of a bet some players can make, in order to reduce the company’s risk to abusers or sharp players.
What is the Bet365 Bet Builder?
A simple parlay system, allowing you to combine many bets to create your own ticket with odds that reflect based on your selections.
What is a Cash Out at Bet365?
A cash out allows you to close your bet before a certain betting event ends. Example: If you choose to bet on Tennis, you choose a certain player to win a set at +110. Said player goes up 3-1 in that set, you can cash out early at a certain payout, taking your win and not risking a comeback. Example 2: If you choose to bet on Tennis, you choose a certain player to win a set at +110. Said player goes down 3-1 in that set, you can cash out early for a certain payout, cutting your losses but sacrificing a comeback. Bet365 has partial and full cash outs. A partial cash out is taking some out of the bet, while leaving the rest in said bet.