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Your first bet with Caesars Sportsbook is on the house. That’s right: if your first wager fails to win, you’ll get that stake back in betting credits, as much as $1.250.
Yes, if you bet $500 on your first bet and lose, Caesars will place $500 in bonus bets into your account. Or $750, or $1,000, all the way up to $1,250. That means your first bet is basically a do-over if it loses. No risk, because your losing bet is matched in bonus bets by the folks from Caesars.
BONUS TYPE | First Bet Bonus |
BONUS CODE | None Needed |
BONUS AMOUNT | Up to $1,250 |
AVAILABLE IN THESE STATES | Every state where Caesars is legal: Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Louisiana, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, Washington D.C., and Wyoming. |
MINIMUM DEPOSIT | $5 first deposit |
WAGERING REQUIREMENTS | Place your first bet (moneyline, props, parlay) + a 1x playthrough requirement |
DEPOSIT METHODS | Prepaid money card, eCheck, bank transfer, debit/credit card, PayPal, cryptocurrency |
Of all the sports betting apps that hand out bonus bets for first bet “insurance,” Caesars offers the highest amount: $1,250. That means when you register as a new user of the sportsbook, you’ll be able to place your first bet without anxiety. If it loses, Caesars will give you bonus bets in the amount of that losing wager, up to $1,250.
Remember, you don’t have to deposit $1,250 and place a wager for that much to qualify for the welcome bonus from Caesars. You can deposit anything from $5+, place your first wager, and rest assured you’ll either win or get that stake back.
Three things are required for you to qualify for the $1,250 First Bet Bonus from Caesars:
There is a 1x playthrough requirement on the bonus money you receive, so you’ll need to first bet the same amount as your bonus to access and withdraw. The bonus bet will also expire 14 days after you receive it.
Opening an account with Caesars mobile sportsbook app is easy, and it can take as little as 10 minutes. Once you verify your age and identity, you can choose from several deposit options.
Caesars offers some of the best odds in the industry, and your new account will be an excellent way to have success wagering on your favorite teams, athletes, and events.
How many people do you know who love sports? Probably a few in your inner circle of close friends, right? Having pals can pay off with Caesars: refer your friends and if they register with the sportsbook, you’ll get $100 in bonus bets. This offer is for anyone with a Caesars Sportsbook account.
Caesars also frequently offers odds boosts for existing customers. For example, a 25% profit boost when you win a bet on Champions League play, and so on. Consult your sportsbook app or the Caesars Sportsbook website for promos like this for existing customers.
Refer a friend (heck, even an enemy), and if they open an account with Caesars Sportsbook, you’ll receive $100 in bonus bets. There’s no limit: refer 5 friends and get $500 if they all sign up.
Sportsbook | Bonus Amount | Minimum Deposit | Expiration of Bets | How Bonus is Awarded |
---|---|---|---|---|
Caesars | $1,250 | $5 | 14 days | Caesars is tops: its sign up bonus can be worth as much as $250 more than competitors DraftKings and BetMGM |
BetMGM | $1,000 | $5 | 14 days | New users receive a welcome bonus worth up to $1,000. Claim up to $1,000 in bonus bets if your first BetMGM wager loses |
DraftKings | $1,000 | $5 | 14 days | Lose your first bet and receive that amount in betting credits, up to $1,000 |
You can receive the $1,250 bonus bet promo without a Caesars Sportsbook promo code. Simply download the app for Android or iOS, and open a new account. Once you do that, you’ll be eligible for the $1,250 promo offer.
Yes, Caesars is available in Michigan, where you can download and open a new account. The mobile sports betting app offers excellent odds on sports and events important to Michigan fans: the Lions, Red Wings, Tigers, Pistons, Wolverines, Spartans, and many more.
In Michigan, you need to be 21 or older to register for an account with Caesars Sportsbook. In most other states the age is also 21, but a few allow 18+ to place wagers. Consult our guide on betting eligibility to see what the laws are in your state.
Sidelines Group provides sports betting and casino content to MLive, including game predictions, odds, analysis, and sportsbook and casino reviews to educate bettors. Please bet responsibly.
If you have a gambling problem and are located in Michigan, call 1-800-GAMBLER or 1-800-270-7117 or you can visit the Michigan Gaming Control Board's website at https://www.michigan.gov/mgcb.
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