One of the realities of online gambling is that every app’s competitor is only a few button presses away. So, in order to entice and keep customers, online casinos in the Garden State routinely offer bonuses and promotions.
On this page, we will walk you through all the bonuses that you may see in New Jersey online casinos. By the end of the page, you will be able to discover great new opportunities AND how to evaluate bonus offers that you receive.
We list the best casinos bonuses available at New Jersey online casinos, and in many cases, the bonuses you see here are exclusive and cannot be found elsewhere.
Best NJ no deposit bonus codes for August 2022
Top 5 Casino Bonuses for New Jersey Players
There are some great options in New Jersey for new players. If you haven’t created accounts with these sites, now might be the time to do so. Please note that the list below is not meant to be exhaustive. These opportunities are simply the cream of the crop for New Jersey’s online casino community.
#1 Golden Nugget Online
Golden Nugget is the cream of the crop for online casinos in New Jersey. In fact, it does so many things right that its monthly revenues outpace some of the land-based casinos in Atlantic City.
So, as befits the king of online gambling in New Jersey, Golden Nugget has a terrific combination of offers for new players. Just for signing up, you can receive $10 in your account. In addition, your first deposit is eligible for a 100% match bonus up to $1,500. All you need to do to claim it is follow our link and use promotional code PLAYBONUS when you make that first transaction.
#2 Virgin Online
Virgin Online is the virtual gambling arm of Sir Richard Branson’s international conglomerate. As it turns out, the online casino is one of the stronger pieces of his portfolio.
New players who use our link and promo code 30BUCKS can receive a whopping $30 in free cash when they sign up for their accounts. In addition, players can receive up to $100 in cashback on their first deposits. Virgin stands out as one of the most frequent purveyors of bonuses in all of New Jersey’s online casinos. If you want to have promotional options all the time, Virgin might be just the place for you.
#3 Caesars Online Casino
Caesars Online is the online home for one of the largest gambling companies in the world. Caesars Entertainment owns and operates three different Atlantic City properties – more than any other company in New Jersey.
Since everything is bigger at Caesars, it makes sense that the sign-up bonuses are outsized, too. Through our link, promo code FREEC10 can get a 100% of your first deposit matched all the way up to $200 bonus for slots/video poker, plus a $100 gas card. So, there are literally hundreds of reasons to give Caesars a try.
BetMGM is the rebranded version of PlayMGM, one of New Jersey’s most experienced online casinos. Now, in association with GVC Holdings, MGM Resorts is ready to offer you a first-class experience online.
Through our site, you can use code PLAYNJFREE to receive a $25 bump into your new account when you register. In addition, MGM will match 100% of your first deposit up to $1,000. You read that correctly – you can receive $1,000 extra for depositing at BetMGM. Between that generosity and a fully-integrated site with poker and sports betting, there’s no reason you shouldn’t give BetMGM a shot.
How Casino Bonuses Work
Namely, a player must opt into the bonus somehow. Then, either because the player claimed the bonus or the player accomplished a preset goal, the casino will reward him.
Forms of free bonuses and awards
In most cases, those rewards come in one of three forms: bonus dollars, free bets, or cash. Only one specific type of bonus (sweepstakes) commonly uses other items as its award.
Bonus dollars are site credits that are expressed as an amount of currency. These credits are only valid for qualified wagers onsite and cannot be withdrawn for their cash value.
Bonus dollars are usually eligible for betting on most different types of wagers. However, depending on the promotion, certain bets may be disallowed for the purposes of redemption.
Free bets are essentially vouchers for a certain amount of currency on the app. The player can only use the free bet to wager on the site, and the cash value cannot be withdrawn. Furthermore, free bets are usually indivisible. In other words, you will have to bet the entire value of the free bet in a single wager.
For the first two forms of award, there will usually be a playthrough requirement attached to the offer. A playthrough requirement is a dollar amount of wagering that players must undertake in order to release bonus funds as cash.
The online casino will determine the amount of the playthrough requirement as a multiple of the bonus amount. So, if you receive $100 in bonus dollars, then you will have to wager some multiple of $100. In some cases, the multiple is only 1x. So, you only have to work through the amount a single time.
However, playthrough requirements can range as high as 50x, and commonly exceed 20x. As it turns out, the playthrough requirement is a big part of determining what makes a decent bonus, but we’ll cover that in a bit.
Anyway, once you’ve satisfied the requirement, the dollar value of the bonus will be yours. Some bonuses will give it to you all at once, but others will drip it to you in small increments.
Finally, you will occasionally see a bonus that will pay straight cash into your account. These are fairly rare, but the money that you receive is yours to keep or bet as you see fit.
Time and other constraints
Most bonuses come with at least one time constraint, too. In fact, there are two different places that you may find yourself hurried to realize the value of a bonus.
For one thing, most bonuses have some sort of expiration date for claiming them. The expiration date can be either a set day for every player, or it can be specific to an action that you completed, like registering.
The other place that you may find a time limit is on the redemption period for the playthrough bonus. It’s not simply that you will have to bet a certain amount of funds. You may also have to bet those funds in a certain amount of days or weeks.
Bonuses tend not to be transferable to others. So, don’t redeem a bonus if you planned for someone else to reap the benefit or do the work.
Types of Casino Bonuses
So, now that we’ve established how casino bonuses work, let’s talk about the common types of bonuses that you might run across in New Jersey. While assigning a hard-and-fast label to each bonus is not essential, it can help to have these types in mind in order to understand how best to take advantage of them.
No deposit Bonuses
No deposit bonuses are worth your attention every time they appear. They are free opportunities to bet, if not free money altogether.
In most cases, an online casino will offer no deposit bonuses for new players. In exchange for registering for a new account, you will find that your cashier has been seeded with a certain amount of free bets, bonus dollars, or cash.
Online casinos typically use bonus dollars in these instances. The credits will work to play most of the casino’s games, and they are not available for immediate withdrawals.
Playthrough requirements on no-deposit bonuses vary, but tend to be on the lower side. It’s not uncommon for no-deposit bonuses to require only a single playthrough.
You might also encounter restrictions on the games that you can play or the time you have to redeem the playthrough requirement with these types of bonuses. However, it is rare to find a no-deposit bonus that you should ignore, regardless of the constraints.
After all, it’s free money and free opportunity. Use it, even if you don’t plan on becoming a regular customer at the site in question.
Naturally, since bonuses exist that do not require a deposit, it makes sense that there would be bonuses that do require one. Indeed, deposit bonuses are some of the most common bonuses that you will find at New Jersey online casinos. Nearly every site will have an offer of this kind sometimes, if not permanently.
Deposit bonuses function with the casino offering to match all or a portion of a player’s deposit amount. The percentage and absolute limit on bonus dollars varies from bonus to bonus.
The more lucrative offers are usually available for first-time depositors. It is not unusual to see casinos pledging to match 100% of a player’s deposit. Furthermore, the hard cap on these offers can sometimes extend up to $1000.
However, deposit bonuses are much more likely to have onerous terms and conditions than their no-deposit cousins. The playthrough requirements can be quite steep, and the time in which to redeem them can be fairly brief.
Deposit bonuses are sometimes called match bonuses, due to their mechanism of action. You may also see bonuses termed “reload” bonuses. However, reload bonuses are simply deposit bonuses for existing customers, so don’t be confused by the different label.
Deposit bonuses, if you haven’t guessed, are something of a mixed bag. As we will demonstrate later, it is even possible that they might be losing propositions.
However, overall, deposit bonuses represent an opportunity to receive extra cash for your deposit. In some cases, you can even double your money.
In every game of chance, the possibility of loss exists. Otherwise, it’s not a gamble to play them.
So, casinos will sometimes offer a cashback bonus to offset the loss that you may incur. Within a certain time period or on a certain game, the online site pledges to refund any net loss that you encounter.
Now, there are a few caveats about this type of bonus. First of all, they usually only apply to net losses. So, even if you only manage to eke out a few dollars of win, you will not receive any refund on the bets that you lost along the way.
Secondly, like deposit bonuses, cashback usually only applies to a certain percentage of the loss and has a maximum absolute amount that can be refunded. So, a cashback offer might only soften the blow of a bad session, rather than making you whole again.
Lastly, in most cases, refunds will come back to you in the form of free bets or bonus dollars, rather than outright cash. So, even though the value is equivalent, you will still have to play through the refund and risk losing a portion (or all) of the cashback.
All of that is to say that you should not choose to play a game solely due to the presence of a cashback offer. However, if you were already planning to play, then having a cashback safety net can be a nice way to reduce some of the risk.
Another type of bonus that you’ll commonly encounter in New Jersey online casinos is the sweepstakes bonus. In these bonuses, you are competing with other players in a random drawing to win a specified prize.
In order to play, you must opt into the bonus through your account’s bonus section. Then, you will receive entries or credits for a drawing, which will occur at a predetermined time.
There’s no real rhyme or reason to winning a sweepstakes bonus. Even if you play your heart out to earn entries, there will usually be no way to know how many people/entries that you’re competing against. Furthermore, since the drawing is random, anything can happen.
So, these bonuses are best treated as icing on the cake, rather than the main objective for playing. If you were already going to play the games featured on the sweepstakes, then go ahead and compete.
However, don’t go out of your way, because you never know how a drawing will go, anyway.
Leaderboard bonuses pit you in direct competition with other players onsite. The namesake leaderboard keeps track of the total points that each participating player earns in a given timeframe.
You earn these points based upon the quality of your play. Point distribution is usually weighted toward the total amount that you wager, so the higher-betting players have a distinct advantage.
Thus, leaderboard bonuses are most advantageous for high-volume players. Account members with a tendency to grind for hours can find themselves accruing a wealth of points automatically.
At the end of the timeframe, the casino will award prizes to the top finishers on the board. The exact amount of the prizes and number of awards varies from promotion to promotion, but usually, the top 5% – 10% will receive something.
If you are a casual player, you might not want to place too much faith in these types of bonuses. However, if you average a lot of play most of the time, you might be able to set yourself up for an extra payout.
The last common bonus that you may encounter is the refer-a-friend bonus. Online casinos in New Jersey are always looking to expand their customer bases, and word-of-mouth marketing remains a powerful tool to assist in that endeavor.
Therefore, online casinos will offer to pay you for getting friends to the site. The amount can vary, but if you have a large circle of like-minded friends, it could be a lucrative way to boost your bankroll.
One caveat, however, is that the terms and conditions for these bonuses usually require some level of play from your friends before you will receive your award. It’s usually not enough for them to simply sign up for an account – they will have to play to complete the bonus.
However, as long as your friends are willing to take that step, then there’s no reason not to send them to your favorite site. Free money is, of course, free money.
Analyzing New Jersey Online Casino Bonuses
If you’ve read everything so far, you may have noticed that we have included several caveats about various types of bonuses. You might have begun to wonder if bonuses are not what they seem to be.
Well, the truth is that every bonus contains fine print. So, here are the steps that you should undertake before you opt into a bonus:
Step 1 – Read the Terms and Conditions Carefully
Every bonus should come with a section of terms and conditions. Though these sections are laboriously written with legalese, you need to take the time to read through them. You should look for the following conditions as you are reading:
- The amount of bonus money that you can receive
- The format in which you will receive it
- The playthrough requirement associated with redeeming it
- The time limit that you have to claim the offer
- The time limit that you have to redeem the playthrough requirement
- The credit that you receive toward the playthrough requirement from different games – slot machines often count for more than table games, for instance
Step 2 – Calculate the Bonus’ Expected Value after Playthrough
One of the trickiest parts of bonus redemption is the effect that playing through will have on the value of the bonus. So, it’s a good idea to calculate whether the bonus is even worth your time.
Because you are required to wager through a certain multiple of your bonus amount, you are subjecting that multiple to the house edge that the casino exerts over all wagers. In other words, you can expect to lose some money in the course of satisfying a playthrough requirement. Although you might get lucky and come out ahead, you are statistically likely to take some sort of hit.
In fact, it is possible to calculate how much you can expect to lose, thanks to the house edge on every game. Simply multiply the house edge by the total you must play through in order to estimate your eventual loss.
A deposit bonus will match 100% of deposits up to $100. There is a 25x playthrough with this bonus.
So, if you deposit $100, you will receive $100 in bonus money. However, because of the playthrough requirement, you will have to bet $2,500 (25 x $100) to release the funds for withdrawal.
Let’s say that you choose a slot game with a 97% Return-to-Player (RTP). This figure equates to a 3% house edge. So, if you bet the entire $2,500 on this game, you can expect to lose 3% of $2,500, which turns out to be $75.
So, the expected value of this bonus is, therefore, $25. We know this because you’re receiving $100, but expecting to lose $75 to redeem it.
For this example, let’s keep everything the same from the first scenario EXCEPT the RTP on the slot game you chose. In this case, you’ve chosen a title with a 93% RTP, or 7% house edge.
Now, when you satisfy the playthrough, you end up losing $175 ($2,500 x 7%). So, your expected value is now -$75, because the expected loss overwhelms the amount that you will receive from the bonus.
These calculations are estimates, not hard and fast findings. You may very well hit a lucky streak and end up with a positive outcome, regardless of the expectation.
However, the smart bettor would be extremely leery of any bonus that bears a playthrough requirement which would render the bonus a negative proposition. In most cases, you should probably pass on any bonuses with negative expectations.
Step 3 – Consider the Time Requirements
Once you’ve figured out the value of the playthrough requirement, you need to consider the logistics of redeeming it.
Casinos usually limit the amount of time that you will have to fulfill the playthrough requirement. After the time limit, the unused portion of the bonus reverts back to the casino, so considering whether or not you can mechanically accomplish the goal is worth some thought.
For instance, if you usually bet $50/hour and you have to wager through $2,500, that means that you must play for 50 hours to satisfy the requirement. However, if you only have 72 hours to redeem, it might not be reasonable that you will be able to do so.
Furthermore, even if redemption is technically possible, you should consider the effect that playing for extra hours could have on your daily life. If you have a significant other, kids, a job, and other engagements, then cutting out more time to play might not be feasible or wise.
It is also not advisable that you raise your typical bet sizing to accomplish the feat, either. Not only are you risking more money at a time, but people can play in less-than-optimal ways if they are worried about the bet sizing.
Step 4 – Make your Choice, and Act Accordingly
Once you’ve proceeded through the other steps, it’s time to make your choice. Opt into the bonus, or wait for another one.