The Featured Welcome Bonus at Caesars Sportsbook

This article is dated March 28, 2024, content related to promotions is no longer valid. Any promotion described below has expired.

At this time, Caesars Sportsbook has the right to lay claim to being the top sports betting operator in America. Time and again, the operator has shown a willingness to compete with the other operators by offering bonus promos that bettors seem to enjoy. That includes the operator's Welcome Bonus for new customers. Here is a peek at this promotion's key terms and conditions.

The most recent version of the Caesars Sportsbook Welcome Bonus was introduced in the following states in September 2023: CO, IA, IL, IN, KS, LA, MA, MD, ME, MI, NJ, NY, OH, TN, VA, WV, and WY. As it stands today, this bonus offer is scheduled to continue until management decides to make a change or terminate it.

To secure a chance to claim this bonus, residents in the aforementioned states will need to complete the Caesars Sportsbook registration process. After they do that, they will have 30 days to deposit $10 or more in their wagering accounts and place their first sports bets of at least $10.

If any new customer loses their first bet, no problem. Caesar management will give them a 100% rebate of that first bet amount up to a maximum bonus reward of $1,000. This is a one-time offer only.

Bonus recipients can expect to get their bonus reward within two (2) after their losing bet is finalized. The full bonus amount will be issued as a single bonus bet that must be wagered within 14 days after receipt. Failure to meet this deadline will result in the forfeiture of the bonus bet.

The bonus bet can be used to wager on any sports market with no odds requirements. If the bet ends up being a winning bet, the winning bonus recipient will be paid for the net winnings only in cash. That does not include the original amount of the bonus bet, which reverts back to the operator. After the cash has been placed in their wagering account, the winning bonus recipient will be permitted to withdraw said amount at any time.

In each of the aforementioned states, all residents must be over 20 years old if they want to open an online gambling account of any kind. When dealing with Caesars Sportsbook, each new customer must be in the state. The operator uses geo-tracking software to confirm the IP addresses of each customer. No exceptions to this rule will be permitted.