A Special Welcome Bonus From Caesars Sportsbook in Colorado

This article is dated June 11, 2023, content related to promotions is no longer valid. Any promotion described below has expired.

In recent months, the number of available mobile/online sportsbooks in Colorado has been on the rise. That puts a lot of pressure on each operator to compete for business, something they like to do by creating a lucrative Welcome Bonus for new customers. That is certainly the case at Caesars Sportsbook where the current Welcome Bonus has some real substance to it. For the benefit of interested parties, here is a look at some of the promotion's essential terms and conditions.

The current Caesars Sportsbook Welcome Bonus in Colorado was first introduced to the betting public on April 23, 2023, intending to remain available until management decides it's time to make a change. To claim this bonus, Colorado occupants will first need to complete the registration process and make an initial deposit of at least $10. They will also need to continue by placing an initial sports wager of at least $10 on any market at any odds. That wager will need to settle within 30 days of registration.

After placing their initial qualifying sports wagers, new customers will be entitled to receive two benefits. First, they will immediately earn 1,000 Caesars Rewards Tier Credits and 1,000 Caesars Rewards Reward Credits, both of which can be used on the Caesars shopping site.

New customers will also earn the right to receive first-bet insurance on losing bets up to a maximum bonus award of $1,250. The rebate insurance bonuses will be issued in the form of bonus bet tokens within 24 hours after the qualifying wagers have been recorded. From that point going forward, bonus recipients will be allotted seven (7) days to wager their bonus bet tokens one time on any available sports betting market at any odds. Should they fail to follow this condition, they will lose access to their bonus bet tokens. If they are able to successfully comply with the condition with a winning bonus bet, they will have earned the right to receive all of the "net winnings" as cash in their wagering accounts. All cash is available for withdrawal at any time.

In order to qualify as a registered Caesars Sportsbook customer in Colorado, applicants must meet the following conditions:

• They must be over the age of 20 years old
  
• They must be in the state when they register
  
• They must be in the state when making deposits and placing wagers