Updated Welcome Bonus at Caesars Sportsbook Colorado

This article is dated August 25, 2023, content related to promotions is no longer valid. Any promotion described below has expired.

With the start of NCAA FB and the NFL just around the corner, most of the U.S. online sportsbooks are refining their bonus menus. That includes the creation of new welcome bonuses for new customers. That is exactly what has happened in Colorado at Caesars Sportsbook and Casino. The nation's top U.S. online gambling operator has recently posted an updated Welcome Bonus for its newly registered customers. For the benefit of interested parties, here are a few of the key terms and conditions tied to the offer.

The new Caesars Sportsbook Welcome Offer for new Colorado customers was posted effective August 21, 2023. It is scheduled to continue as is until September 19, 2023, at 11:59 PM EST. To take advantage of this promotion, newly registered customers will need to place an initial qualifying bet after making their first real cash deposits.

For purposes of this bonus promo only, a qualifying bet is being defined as follows: a wager of at least $50 on any available sports betting market with no regard for the final betting odds. After the qualifying bet has been placed and settled, bonus participants who opted into the offer will get immediately a bonus bet voucher with a wagering value of $50. They will also get another $50 bonus bet voucher each subsequent Monday until they have received a total of five (5) bonus bet vouchers with a total wagering value of $250.

To be clear, no bonus bet vouchers will be issued if the first bet isn't for at least $50.

After bonus bet vouchers have been issued by management at Caesars, bonus recipients will have exactly seven (7) days to use each one. They can be used on any available sports betting market at any odds. Failure to meet this bonus condition will result in the forfeiture of the applicable bonus bet voucher. If bonus recipients are lucky enough to place winning bonus bets, they will be awarded the net proceeds of each bet. Note: Net proceeds do not include the bonus bet amount. After receiving any net proceeds, new customers will be allowed to withdraw those winnings at their discretion.

When registering in Colorado with Caesars, residents are required to be in the state and must be able to show proof that they are at least 21 years old. After registering, they will need to be in Colorado any time they place wagers.