Home » Caesars promo code: Get $1,000 as a bonus bet if your first bet loses

Caesars promo code: Get $1,000 as a bonus bet if your first bet loses

Caesars promo code: Get ,000 as a bonus bet if your first bet loses

Sports bettors can sign up for a new Caesars Sportsbook account to claim the Caesars promo, qualifying for a $1,000 First Bet welcome offer.

Get your first bet back, up to $1,000, as a bonus bet if your first bet placed on Caesars Sportsbook settles as a loss.

Caesars Promo: Explained

The Caesars promo is a first-bet welcome bonus that is available to claim on one of the best Michigan sportsbook apps in the marketplace.

New customers can sign up and place a qualifying cash wager, up to $1,000, and if it loses, receive a single matching bonus bet token to wager. Unlike a bet-and-get welcome offer, this first-bet welcome offer available on Caesars Sportsbook allows players to get the exact amount staked on a first bet returned via bonus bet credit with a loss.

If your first bet wins, enjoy the payout. However, if it loses, a single bonus bet matching the stake, up to $1,000, arrives in a newly registered Caesars Sportsbook account.

Terms and Conditions

Who is eligible?

To be eligible to claim the Caesars promo, an individual must be at least 21 years old, physically present in Michigan, and a first-time customer of Caesars Sportsbook.

What is the minimum deposit?

The minimum deposit on Caesars Sportsbook is $10.

Are there minimum odds on the qualifying bet to place to access the Caesars promo welcome offer?

Yes, a qualifying bet must contain odds of -10000 or longer (-500, -125, +100, etc.) to access the Caesars bet-and-get welcome offer.

When do bonus bets expire?

Bonus bets expire after 14 days on Caesars Sportsbook.

Is there a playthrough requirement?

No playthrough requirement is attached to any bonus bets on Caesars Sportsbook. Make a withdrawal from your Caesars Sportsbook cash balance at any time.

Does a bonus bet get returned with any winnings earned on Caesars Sportsbook?

No, a bonus bet staked on a subsequent wager only returns additional earnings, excluding the bonus bet stake on Caesars Sportsbook.

How to get a Caesars Sportsbook promo

Recurring promotional offers are available to claim as a new or existing Caesars Sportsbook customer. There are a few different ways to access these promos.

On the Caesars Sportsbook mobile app, tap on the Promotions tab along the toolbar at the bottom of the screen. Tap the Home tab to view the horizontal side-scroller menu that also contains these promotional offers to opt-in and claim.

Promotional offers are accessible via a similar layout on the Caesars Sportsbook desktop site, except there is no toolbar at the bottom of the screen. The horizontal side scroller menu, located near the top of the page, is available by clicking on the Sportsbook tab in the header. Click on the Promotions tab next to the Sportsbook tab in the header to load a more comprehensive view of these recurring promotional offers.

Caesars bonus details

Michigan online sports betting includes the Caesars promo available for new customers to claim on Caesars Sportsbook.

Sign up for a new Caesars Sportsbook account using promo code SLMLIVE1000 during registration to qualify for a $1,000 First Bet welcome offer.

Make your first sports cash wager via Caesars Sportsbook mobile app or desktop site, and if it loses, receive a single matching bonus bet token, of up to $1,000. A qualifying cash wager must contain odds of -10000 or longer and if it loses, a matching bonus bet is funded within two business days, expiring after 14 days on Caesars Sportsbook.

Caesars promo terms and conditions

An individual must be at least 21 years old, physically present in Michigan, and a first-time customer of Caesars Sportsbook to claim the Caesars promo $1,000 first-bet welcome offer.

To remain eligible, a new customer must place a qualifying cash wager, up to $1,000, within 30 days of registering a new Caesars Sportsbook account. If it loses, a single matching bonus bet token is funded, arriving within two business days.

This bonus bet token expires after 14 days and is single-use, meaning it cannot be broken down across multiple bets. The value of a bonus bet is not included in any winnings paid out. The maximum bonus bet for the Caesars promo is $1,000.

Super Boost markets, Round Robins, bonus bets, and profit boosts do not qualify. Staking a bonus bet on a qualifying cash wager renders it ineligible for this $1,000 first-bet welcome offer on Caesars Sportsbook.

Bonus bet tokens cannot be withdrawn, transferred, or returned when staked on a winning wager on Caesars Sportsbook.

Caesars Sportsbook best bets

The 2024 NFL regular season is already a third of the way through its schedule, with some great matchups on tap during Week 6.

Sunday’s slate begins overseas with an interconference matchup between the Jacksonville Jaguars vs. Chicago Bears. Trevor Lawrence and the Jaguars finally got a win in Week 5, winning a high-scoring divisional outing against the Indianapolis Colts 37-34. Meanwhile, No. 1 overall draft pick, QB Caleb Williams, has improved after a shaky start, leading the Bears to back-to-back wins at 3-2.

Jacksonville’s pass defense is vulnerable to explosive plays and Chicago’s defense is far superior, so at -125 moneyline odds, placing a qualifying cash wager or bonus bet on the Bears moneyline is good value.

In the late afternoon slate, Pittsburgh and Las Vegas face off with the Raiders getting +3 on the point spread as home underdogs. The Steelers have lost back-to-back games against Indianapolis and Dallas, while the Raiders are going through a quarterback change due to poor play.

The point total is set to 36.5, however, betting under 36.5 is a good bet since neither team has a strong offense. Pittsburgh’s defense should contain Las Vegas throughout Sunday’s matchup, while the Steelers’ lack of explosive plays on offense should keep the point total under 36.5 at -110 odds.

Overview of Caesars Sportsbook Promotions

New and existing customers can claim any number of the following Caesars Sportsbook promotional offers.

Opt-in for a 25% SGP Bet Match on Jaguars vs. Bears, a 50% Longshot Parlay Profit Boost, a 50% MLB SGP Profit Boost, or an NFL Longshot Parlay Contest for a chance to win $10,000 in bonus bets by placing $5 parlays, super parlays, or SGPs.

Take advantage of the Refer Your Friends promo to earn up to 50,000 Reward Credits to use on sports bets, hotel stays, dining, and more.