{"id":47,"date":"2022-11-03T23:03:34","date_gmt":"2022-11-03T23:03:34","guid":{"rendered":"https:\/\/lastwordonsports.com\/betting\/?page_id=47"},"modified":"2024-11-28T11:56:16","modified_gmt":"2024-11-28T16:56:16","slug":"caesars-sportsbook-promos","status":"publish","type":"page","link":"https:\/\/lastwordonsports.com\/betting\/caesars-sportsbook-promos\/","title":{"rendered":"Caesars Sportsbook Review &#8211; Claim First Bet up to $1,250 on Caesars"},"content":{"rendered":"<p><strong>Caesars<\/strong> offers one of the premier online sportsbooks in the US. New customers can claim a welcome bonus for up to $1250.<\/p>\n<p><a href=\"https:\/\/lastwordonsports.com\/betting\/go\/caesars\" target=\"_self\"><img loading=\"lazy\" decoding=\"async\" class=\"alignright wp-image-49 size-medium\" src=\"https:\/\/lastwordonsports.com\/betting\/wp-content\/uploads\/sites\/31\/2022\/10\/CaesarsSportsbook_logo_invert-300x88.png\" alt=\"caesars sportsbook bonus code\" width=\"300\" height=\"88\" srcset=\"https:\/\/lastwordonsports.com\/betting\/wp-content\/uploads\/sites\/31\/2022\/10\/CaesarsSportsbook_logo_invert-300x88.png 300w, https:\/\/lastwordonsports.com\/betting\/wp-content\/uploads\/sites\/31\/2022\/10\/CaesarsSportsbook_logo_invert-1024x299.png 1024w, https:\/\/lastwordonsports.com\/betting\/wp-content\/uploads\/sites\/31\/2022\/10\/CaesarsSportsbook_logo_invert-768x224.png 768w, https:\/\/lastwordonsports.com\/betting\/wp-content\/uploads\/sites\/31\/2022\/10\/CaesarsSportsbook_logo_invert-1536x448.png 1536w, https:\/\/lastwordonsports.com\/betting\/wp-content\/uploads\/sites\/31\/2022\/10\/CaesarsSportsbook_logo_invert.png 1916w\" sizes=\"auto, (max-width: 300px) 100vw, 300px\" \/><\/a>Some sportsbooks refer to this type of welcome bonus as a protected bet, while Caesars refers to it as a \u201c<strong>first bet on Caesars<\/strong>.\u201d You can also think of it as an insured first-bet sign-up bonus.<\/p>\n<p>It\u2019s normal to have questions about how best to use the Caesars welcome bonus. How much should I deposit? How much should I stake on my first wager? Is there a catch?<\/p>\n<p>In this review, we\u2019ll take you through all the important elements of the Caesars welcome offer and review some answers to these questions.<\/p>\n<h2>Caesars Sportsbook welcome bonus<\/h2>\n<table style=\"height: 274px;\" width=\"916\">\n<tbody>\n<tr>\n<td width=\"297\"><strong>Caesars promo code<\/strong><\/td>\n<td width=\"295\"><\/td>\n<\/tr>\n<tr>\n<td width=\"297\"><strong>Bonus bet<\/strong><\/td>\n<td width=\"295\">Bet credit for a loss on your first bet, max [ct id=28 slug=caesars-sportsbook-bonus]<\/td>\n<\/tr>\n<tr>\n<td width=\"297\"><strong>Additional rewards<\/strong><\/td>\n<td width=\"295\">1,000 tier credits plus 1,000 reward credits<\/td>\n<\/tr>\n<tr>\n<td width=\"297\"><strong>Legal States<\/strong><\/td>\n<td width=\"295\">[ct id=420 slug=caesars-sportsbook-legal-states]<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<p><em>Terms and conditions apply to all offers. Please see Caesars Sportsbook for details. 21+ Gambling Problem? Call 1-800-GAMBLER+\u00a0<\/em><\/p>\n<p>The Caesars welcome bonus breaks down into two parts. The first is a first bet on Caesars for up to [ct id=28 slug=caesars-sportsbook-bonus]. If your opening wager loses, you receive a <strong>bet credit<\/strong>.<\/p>\n<p>The online sportsbook also jumpstarts new bettors into the <strong>Caesars Rewards<\/strong> program. This is a nice way of getting ahead of the curve in collecting points toward loyalty bonuses. You\u2019ll receive 1,000 tier credits, which help you level up toward better rewards, and 1,000 reward credits, which work as currency in the program.<\/p>\n<p>The rewards points are straightforward enough \u2014 you sign up, you get them, end of story. How best to cash them in is another matter entirely and more or less up to you, depending on what kind of rewards you\u2019re hoping to earn.<\/p>\n<p>However, you only get one first bet at Caesars, and the [ct id=28 slug=caesars-sportsbook-bonus] is a <em>maximum value<\/em>. That means to get the \u201cfull value\u201d of the bonus, you\u2019ve got to make a deposit and first wager of [ct id=28 slug=caesars-sportsbook-bonus], and have that first wager lose. Does that necessarily mean you should do that? No, not really.<\/p>\n<p>It can be tricky to figure out exactly how much you should put in. You want to balance using the promo without betting more than you would otherwise if the promo didn\u2019t apply.<\/p>\n<p>This kind of question \u2014 how do I best use the Caesars sign-up bonus \u2014 is what we\u2019ll deal with here. Though, as always, remember that there\u2019s no foolproof system, and that <strong>betting is inevitably a risk<\/strong>; never wager what you can\u2019t afford to lose.<\/p>\n<h2>Using the Caesars promo code<\/h2>\n<p>You\u2019ll use the Caesars code during the sign-up process, which we\u2019ll go over here:<\/p>\n<ul>\n<li>Click through to the Caesars Sportsbook sign-up page.<\/li>\n<li>Click the <strong>\u201cGet Started\u201d button<\/strong> and follow the instructions by providing your details.<\/li>\n<li>Where it prompts you, enter the code <strong>LWOS1000<\/strong>.<\/li>\n<li>Select a deposit method and deposit money into your account \u2014 minimum $20.<\/li>\n<li>Make your first bet and receive a refund if it loses.<\/li>\n<\/ul>\n<p>And that\u2019s all there is to it. You\u2019ll get your 1,000 tier credits and 1,000 reward credits, and you\u2019ll receive an equivalent bonus bet if your first bet loses.<\/p>\n<h2>Using the Caesars welcome bonus<strong>\u00a0<\/strong><\/h2>\n<p>The first thing we should say is that there\u2019s no \u201cright way\u201d to use a welcome bonus like this.<\/p>\n<p>There\u2019s a school of thought that would lean toward making an aggressive first wager since you (sort of) get a second chance if it loses. Another would urge you to do exactly what you would have done if the bonus had not applied. Both options have merit, but neither is always correct \u2014 it\u2019s highly subjective.<\/p>\n<p>The best outlook may be somewhere in between. Don\u2019t consider the bonus as a license to go crazy and throw caution to the wind. The key is to remember that, if your bet loses, the refund is <strong>a single bonus bet<\/strong>. The central question, therefore, is how much do you bet when you know that you won\u2019t <em>lose<\/em> the money, but it also won\u2019t come back to you as cash.<\/p>\n<p>Given that, make a judgment based on what feels best for you. Here are the main things to remember:<\/p>\n<ul>\n<li>There is <strong>no guarantee of success<\/strong>. Losing is always a possibility, and there\u2019s no gaming the system.<\/li>\n<li><strong>Bonuses are not \u201cfree money,\u201d<\/strong> but they can provide some additional value. They aren\u2019t scams, in other words.<\/li>\n<\/ul>\n<h3>Maximizing the Caesars bonus bet<strong>\u00a0<\/strong><\/h3>\n<p>Using the <strong>Caesars welcome bonus<\/strong> is all about understanding the difference between a bet credit and a cash wager.<\/p>\n<p>To clarify, the \u201cfirst bet on Caesars\u201d is what you might see other sportsbooks advertise as a bonus bet. Basically, it means you are getting a <strong>form of insurance<\/strong> on the first wager you make. So, if your opening bet loses, you get a bet credit \u2014 up to a maximum amount of [ct id=28 slug=caesars-sportsbook-bonus].<\/p>\n<p>There are some other terms and conditions, as well. First, you must make a <strong>minimum deposit of $20<\/strong> into your account. Then, you\u2019ve got to make a real money bet that must settle <strong>within 30 days<\/strong> of making your account, so stay away from futures bets.<\/p>\n<p>On top of that \u2014 and this part is important \u2014 if you lose and receive a bet credit, you have <strong>14 days<\/strong> to use it.<\/p>\n<p>Now, about the refund: This isn\u2019t a like-for-like trade \u2014 you put in liquid, withdrawable funds, and your refund is a bet credit that you cannot withdraw and must use within 14 days. This is a serious loss of flexibility, but that\u2019s the price you pay for getting a second chance.<\/p>\n<p>The conventional wisdom around <a href=\"https:\/\/lastwordonsports.com\/betting\/sportsbook-bonuses\/\" target=\"_self\">sportsbook welcome bonuses<\/a> like this is that your first bet should reflect however much money you\u2019re willing to lose in a single wager. That way, you have two possibilities: 1) your bet wins, and you have additional money that you can bet, withdraw or hold in your account, or 2) your bet loses, and the money that you were already comfortable losing is now available as a bet credit.<\/p>\n<p>There are additional things to consider, however. The biggest is that <strong>bet credits work differently<\/strong> from cash when you bet them. When you make wagers with bet credits, you don\u2019t receive the bet back on a winning wager, so the bets you make with the refund return less money than bets that you make with cash.<\/p>\n<h2>Betting your bet credit<strong>\u00a0<\/strong><\/h2>\n<p>As we mentioned, one important difference you ought to keep in mind when wagering with a bet credit is that you don\u2019t get the amount of your bet back if you win; you only collect the winnings. Let\u2019s use these <a href=\"https:\/\/lastwordonsports.com\/betting\/nfl\/\" target=\"_self\"><strong>NFL<\/strong> game lines<\/a> as an example:<\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-48 size-full aligncenter\" src=\"https:\/\/lastwordonsports.com\/betting\/wp-content\/uploads\/sites\/31\/2022\/10\/Caesars-LWOS-Bet-Example.png\" alt=\"\" width=\"612\" height=\"138\" srcset=\"https:\/\/lastwordonsports.com\/betting\/wp-content\/uploads\/sites\/31\/2022\/10\/Caesars-LWOS-Bet-Example.png 612w, https:\/\/lastwordonsports.com\/betting\/wp-content\/uploads\/sites\/31\/2022\/10\/Caesars-LWOS-Bet-Example-300x68.png 300w\" sizes=\"auto, (max-width: 612px) 100vw, 612px\" \/><\/p>\n<p>Let\u2019s say you lost your initial $100 bet and thus have a $100 bet credit to use. If you used that bonus bet on the favored <strong>Green Bay Packers<\/strong> at -550, you\u2019d only get $18.18 back if they won the game. The same $100 bet credit on the underdog Patriots would return $400 to your account if they pulled off the upset.<\/p>\n<p>That means, with a $100 bet credit, a winning bet on the <strong>New England Patriots<\/strong> pays 22 times what a winning bet on the Packers does. By comparison, the potential return on a standard $100 bet is a difference of just over four times, since you would get your stake returned if you win.<\/p>\n<p>However, there\u2019s obviously a greater likelihood that the bet loses altogether when you bet on an underdog like the Patriots, so it\u2019s not like this is always the best approach.<\/p>\n<p>Bear in mind, of course, that the disparity between the returns of a favorite and underdog will be smaller if you are looking at a line with tighter odds (-110, +115, for example). It doesn\u2019t offer as huge a payout as the big underdog, but it is safer.<\/p>\n<h2><strong>Gamble Responsibly<\/strong><\/h2>\n<p>If you or someone you know has a gambling problem and wants help, call or visit the Council on Compulsive Gambling:<\/p>\n<ul>\n<li aria-level=\"1\">Gamblers Anonymous at 855-2-Call GA or www.gamblersanonymous.org<\/li>\n<li aria-level=\"1\">CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV or WY \u2013 Call 1-800-GAMBLER<\/li>\n<li aria-level=\"1\">CT &#8211; Call 888-789-7777<\/li>\n<li aria-level=\"1\">AZ \u2013 Call 1-800-NEXT-STEP<\/li>\n<li aria-level=\"1\">IA \u2013 Call 1-800-BETS-OFF<\/li>\n<li aria-level=\"1\">KS, NV \u2013 Call 1-800-522-4700<\/li>\n<li aria-level=\"1\">KY \u2013 Call 1-800 GAMBLER, 18+<\/li>\n<li aria-level=\"1\">MI \u2013 Call 1-800-270-7117 for confidential help<\/li>\n<li aria-level=\"1\">MA \u2013 Call 1-800-327-5050<\/li>\n<li aria-level=\"1\">NC \u2013 Call \u2013 1-800-662-4357<\/li>\n<li aria-level=\"1\">NY \u2013 Call 877-8-HOPENY or text HOPENY (467369)<\/li>\n<\/ul>\n<p><i>DISCLAIMER: The information on this site is for entertainment purposes only. Gambling comes with its fair share of risks, and it is important to recognize that when using online gambling sites.<\/i><\/p>\n<p><i>While we review different gambling sites, you should check with local laws in your area before gambling online. Also, all gambling sites and guides are rated 21+ only.<\/i><\/p>\n<p><i>The following free gambling addiction resources can be of help:<\/i><\/p>\n<p><b><i>21+ Please Gamble Responsibly.\u00a0 Gambling Problem? Call or text 1-800-GAMBLER<\/i><\/b><\/p>\n<p><a href=\"https:\/\/www.ncpgambling.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">NCPG<\/a>\u00a0\u2013\u00a0<a href=\"https:\/\/www.icrg.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">ICRG<\/a>\u00a0\u2013\u00a0<a href=\"https:\/\/www.gamblersanonymous.org\/ga\/\" target=\"_blank\" rel=\"noopener noreferrer\">Gamblers Anonymous<\/a>\u00a0\u2013\u00a0<a href=\"https:\/\/www.gamblingtherapy.org\/\" target=\"_blank\" rel=\"noopener noreferrer\">Gambling Therapy<\/a><\/p>\n<h2>FAQs<\/h2>\n<h3>What is the Caesars promo code?<\/h3>\n<p>Use the Caesars Sportsbook promo code LWOS1000 when you create an account to qualify for the Caesars welcome bonus of a first best on Caesars for up to [ct id=28 slug=caesars-sportsbook-bonus].<\/p>\n<h3>Is Caesars Sportsbook legit?<\/h3>\n<p>Yes, Caesars has been a major name in gambling for some years now. It began as a casino and hotel empire, and has expanded to become one of the biggest <a href=\"https:\/\/lastwordonsports.com\/betting\/us-online-sportsbooks\/\" target=\"_self\">legal online sportsbooks in the US<\/a>. It operates in most states where online sportsbooks are legal, and always with the proper licenses and regulatory approval.<\/p>\n<h3>Where is the Caesars online sportsbook available?<\/h3>\n<p>As of this review, Caesars online sportsbook is available in [ct id=420 slug=caesars-sportsbook-legal-states].<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Caesars offers one of the premier online sportsbooks in the US. New customers can claim a welcome bonus for up to $1250. Some sportsbooks refer to this type of welcome bonus as a protected bet, while Caesars refers to it as a \u201cfirst bet on Caesars.\u201d You can also think of it as an insured [&hellip;]<\/p>\n","protected":false},"author":4355,"featured_media":1221,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"_lmt_disableupdate":"no","_lmt_disable":"","footnotes":""},"class_list":["post-47","page","type-page","status-publish","has-post-thumbnail","hentry"],"_links":{"self":[{"href":"https:\/\/lastwordonsports.com\/betting\/wp-json\/wp\/v2\/pages\/47","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/lastwordonsports.com\/betting\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/lastwordonsports.com\/betting\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/betting\/wp-json\/wp\/v2\/users\/4355"}],"replies":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/betting\/wp-json\/wp\/v2\/comments?post=47"}],"version-history":[{"count":12,"href":"https:\/\/lastwordonsports.com\/betting\/wp-json\/wp\/v2\/pages\/47\/revisions"}],"predecessor-version":[{"id":3563,"href":"https:\/\/lastwordonsports.com\/betting\/wp-json\/wp\/v2\/pages\/47\/revisions\/3563"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/lastwordonsports.com\/betting\/wp-json\/wp\/v2\/media\/1221"}],"wp:attachment":[{"href":"https:\/\/lastwordonsports.com\/betting\/wp-json\/wp\/v2\/media?parent=47"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}