The new 4NJBets is a significant improvement over the old platform with easier access to current horse races, simpler deposits, faster withdrawals, and a streamlined signup process. Readers should note that 4NJBets is only open to New Jersey residents 18 and older. If you live outside of New Jersey, you can instead visit TVG.com for a similar experience.

Where 4NJBets.com differs from regular sports betting is that it does not involve betting against the house. 4NJ Bets offers pari-mutuel wagering, which means all wagers are placed into a common pool and payouts come from that pool.

Payout odds are determined by the amount of action put onto each horse rather than by a house oddsmaker. For instance, the favored horse offers lower payouts because more people tend to bet on that horse, which means the prize pool has to be split among more people.

Likewise, long-shot horses pay much more because fewer people back those horses. When long-shot horses win, the prize pool is split fewer ways, and each bettor receives a larger portion of the wagering pool. All wagers placed online at 4NJBets.com are mixed into the same pool as wagers taken in-person, which means you always receive full track odds when you bet online here.

4NJBets Promo Code and Bonus Offer

All new customers who sign up for an account at 4NJBets.com with the 4NJBets promo code 200TVG can place their first single-horse win wager to get back up to $200 in site credit if it loses.

For example, if a new 4NJBets customer places a $100 win bet after claiming this bonus and it loses, they’ll get back $100 in non-withdrawable site credit.

Horse racing fans can claim this offer by signing up with the 4NJ Bets promo code 200TVG and placing their first wager within 15 days of signing up. Qualifying first wagers include any win, win/place, win/show, or win/place/show bet on any race at any track.

The bonus is not withdrawable, but bettors may withdraw anything they win by wagering through the bonus one time. Customers have 30 days to use the 4NJBets bonus on horse racing wagers.

Other 4NJBets Betting Promotions

4NJBets deserves some credit for providing a constant stream of new promotions despite being the only legal option for parimutuel horse racing in New Jersey. You can visit the promotions tab at the top of 4NJBets.com or in the 4NJBets mobile app at any time to see what they have on offer.

The exact promotions change regularly, but some examples of the types of promotions you’ll find here include things such as money-back specials that offer a bonus credit if your win bet finishes in 2nd or 3rd, Pick 4 insurance that refunds some of your money back if your Pick 4 ticket has three winners but loses in just one leg and more along those lines.

You will also find the occasional winnings boost promotion. For example, one recent promotion offered customers a 10% trifecta bonus for select tracks. The variety of promotions here should help 4NJBets remain competitive as sports betting grows market share in New Jersey.

4NJBets Horse Racing Betting

The 4NJBets interface has improved significantly since coming under the ownership of TVG and Betfair US. Most notably, the horse betting platform manages to achieve the difficult task of showing a lot of information while still being fairly intuitive even for new users.

Once you’re logged in, the left side of the website displays a list of tracks based on the order of the next race. You can also see a full horse racing schedule and a complete list of tracks in case you have a specific race or track in mind.

The center of the screen is reserved for the actual horse betting interface. Once you select a track and race, this is where you’ll see a list of horses, horse details, track information, and horse racing betting odds. A series of tabs across the top of the interface allows you to view different sets of information such as snapshots, class and speed, pace, and jockey/trainer stats.

The main betting area also shows current wagering pools displaying how much money has been taken on each type of bet, the morning line odds, and much more. One feature I found particularly useful was the ability to click on a little play icon next to any horse’s name to see that horse’s past results as well as video of every race that horse has run in.

There is enough information here to satisfy serious handicappers, but the interface is intuitive enough that it also works for casual bettors.

As far as value goes, 4NJBets is exactly equal to going to the track yourself. This website is specifically authorized by the state of New Jersey and your wagers are actually placed into the track pools at every racetrack. Every type of bet that you could place in person is also available online. This includes the basic bets such as win/place/show as well as exotic bets and their many permutations via boxing, keying, and wheeling.

4NJBets.com accepts wagers ranging in size from $0.10 to as high as $9,999.00, but that does vary based on track. You can place bets online or through your mobile device at 4NJBets.com. Additionally, customers may call 1-888-4NJBETS (465-2387) to place phone wagers.

4NJBets Deposit Methods and Fees

4NJBets accepts a variety of betting deposit options but earns negative marks for charging fees for many of these methods.

Expert Opinion: Is 4NJBets Legit?

Overall, 4NJBets is a high-quality online racebook. It provides access to race tracks worldwide, pays winners quickly, and runs frequent promotions. Additionally, 4NJBets is the only advance deposit wagering operator approved by the New Jersey Racing Commission.

The biggest downside to 4NJBets is that it only accepts NJ residents. Aside from that, 4NJBets is a well-rounded online racebook. New customers can claim a generous welcome bonus, expect regular promotions after signing up, claim free past performances, and watch live horse racing video while they wager.