Caesars Sportsbook NJ Updates Welcome Offer

This article is dated March 9, 2022, content related to promotions is no longer valid. Any promotion described below has expired.

Over the last few months, the competition among New Jersey mobile sports betting operators has gotten fierce. With close to a dozen operators from which to choose, NJ sports bettors are exercising their right to be more selective about the online bookmakers they choose. Sensing it was time to make a competitive move, Caesars Sportsbook NJ has made the decision to upgrade their "Welcome Offer" promo for new customers. Here are some of the new terms and conditions of this latest offer.

The New Caesars Sportsbook offer starts on March 8, 2022, and is scheduled to remain available until at least May 31, 2022. This is a bonus bet insurance offer that is immediately available to new customers after they finish the Caesars registration process and make their initial cash deposit.

To participate, new customers can make an initial sports bet (straight bet, parlay) of any size on any market. If that first wager loses, Caesars will reimburse the new customer at 100% of that first bet amount to be capped at a maximum of $1,100. That represents an increase over the cap on the prior welcome offer.

The reimbursement will be issued as a bonus bet voucher within two (2) days of that first losing bet being settled with no return. Once new customers get that coveted bonus bet voucher, they will have a total of seven (7) to use the bonus bet on any available sports betting market. If bonus bet vouchers are not used within this prescribed deadline, they will expire and subsequently be removed from the sports bettor's bonus account. After placing the bonus bet, the sports bettor will have completed all of the wagering requirements tied to this promotion. They will then be permitted to withdraw any remaining bonus funds.

In the state of New Jersey, all online sports bettors must be at least 21 years of age. When placing wagers and banking with an NJ online bookmaker like Caesars Sportsbook, the sports bettor is required by law to be transacting business from an NJ IP address. The login process is tracked by the online/mobile operator.