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This article is dated March 29, 2023, content related to promotions is no longer valid. Any promotion described below has expired.
Caesars Sportsbook is arguably one of the top sports betting operators in the U.S. It's not surprising to see that even the top sports betting operators are more than willing to create lucrative bonus offers that give customers real wagering value. Let's take a moment to review the current Caesars Sportsbook "Welcome Offer" in Tennessee.
This is the same Caesars Sportsbook Welcome Offer that was initially introduced on August 22, 2022. The intent is this offer will continue as is until management decides to end the offer or change the terms and conditions.
To claim this Welcome Bonus, Tennessee residents must first complete the Caesars registration process. Within the next 30 days, new customers will need to make a deposit of at least $10 and place an initial sports bet of at least $10. The initial bet can be on any available sports betting market at any available odds.
After a new customer places their first bet, they will receive 1,000 free rewards and 1,000 free tier credits. If the initial bet ends up being a losing bet, the new customer will receive one other bonus. The other bonus will be an insurance rebate. The amount of the rebate will be calculated at 100% of the losing bet amount up to a maximum bonus award of $1,250.
Bonus recipients can expect to receive their rebate bonuses within two (2) days after that initial bet loss. After the rebate has been issued as a bonus bet voucher, bonus recipients will have to place their bonus bets within the next seven (7) days. Bonus recipients who fail to abide by this wagering requirement will lose their right to their bonus bets. Bonus recipients who do complete this wagering requirement will get the right to withdraw their net winnings whenever they want.
During the Caesars registration process, the operator will require proof that new customers meet the minimum age threshold of 21 years old. Also, TN customers will need to be in the state when they register, make deposits, and place bets.
By law, Caesars Sportsbook is not allowed to permit its employees to participate in bonus offers.
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