New Customer Offer at Caesars Sportsbook

This article is dated November 15, 2024, content related to promotions is no longer valid. Any promotion described below has expired.

This is a great time of year for sports bettors. The betting boards are filled with games from major markets like the NBA, NCAABB (Men's and women's), NHL, NFL, NCAAFB, and the EPL soccer league. With so much available betting action, there are many prospective online sports bettors out there looking for a sports betting home. Of the U.S. online sports betting operators out there competing for new business, none of them has been more aggressive than Caesars Sportsbook with its lucrative Welcome Bonus offer for new customers. Here's a peek at the promo's current terms and conditions.

The current version of the Caesars Sportsbook Welcome Bonus offer was first introduced in participating states on July 15, 2023, with a scheduled expiration date of March 3, 2025.

This offer is made available to anyone in participating states who can complete the operator's short registration form. Once approved, new customers will need to make an initial cash deposit of at least $10. New customers will have 30 days to make this deposit before their account can be closed.

To claim this Welcome Bonus, new customers can place their first live sports bets on any available market at minimum odds of -10,000. If their first bet ends up losing, Caesars will provide a 100% rebate on that bet amount. The maximum rebate that any customer can receive has been set at $1,000.

The bonus amount will be issued within 24 hours after the qualifying bet has been settled as a losing bet. Once the bonus amount has been issued, it must be used 1x on a subsequent sports bet on any available market at any available odds. These bonus bet tokens will need to be used within 14 days or they will expire and be removed from the new customer's wagering account.

If the token bet wins, the new customer has the right to claim the net winnings. Note: The net winnings do not include the base amount of the bonus bet. Once the winnings are made available, they can be withdrawn at any time.

Note: New customers must meet the following qualifications in each participating state:

• They must meet their respective state's minimum age requirement


• They must use IP addresses that are assigned to the state in which they registered


• They cannot be employees of Caesars or any of the operator's affiliates