About the Bonus

Caesars Sportsbook’s "$1000 First Bet On Us," is available to new users. This promotional offer is accessible to users who register a new Caesars Sportsbook mobile or online account and use the promo code “czr1000”. The primary feature of this bonus is its coverage of the first real-money sports wager. Should the user's initial wager result in a loss, the promotion allows for a refund in the form of a Bonus Bet, with a maximum limit of $1000.

This refund is issued as a single Bonus Bet and must be utilized within 14 days of its receipt. The value of the Bonus Bet corresponds to the stake of the Qualifying Wager, up to a $1000 maximum. To qualify for this offer, the first wager must be placed using real-money. Wagers made using existing Bonus Bets or Bonus Cash are ineligible for this promotion. The offer stipulates that the qualifying wager must be placed and settled within 30 days of account registration.

Furthermore, the Bonus Bets are credited to the account within two days following the settlement of the qualifying wager. It's important to note that only the first settled real-money sports wager after registration is considered eligible for this promotion. In cases where multiple bets are placed simultaneously, the first cash wager recorded as settled in the user's wagering history by Caesars is deemed the qualifying wager.

Caesars $1000 Welcome Bonus Pros and Cons

Pros

Very large bonus amount

Relatively straightforward requirements

Opportunity to make multiple bets

Cons

A lot of money for first time users

Could lead to problem gambling faster due to amount

New bettors may find this a very daunting task

How to Claim

Claiming the "$1000 First Bet On Us" bonus from Caesars Sportsbook is a process designed to be straightforward and user-friendly, primarily targeting new users who are venturing into sports betting.

The procedure involves several steps, beginning with account registration and culminating in the placement of the qualifying wager. Here is a detailed guide to navigate through the process:

Step-by-Step Guide:

Register for a New Account: Begin by creating a new Caesars Sportsbook mobile or online account.
Use the Promo Code: During registration, enter the promo code czr1000 to become eligible for the bonus.
Verify Identification: Complete any required identity verification steps as part of the account setup.
Make a Deposit: Fund your account with real money to place your first wager.
Place Your First Bet: Your first real-money sports wager must be placed via the Caesars mobile app or desktop site.
Wait for Settlement: If this first wager is lost, the Bonus Bet will be credited to your account.

Excellent Rewards Program

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CAF

More leagues

CAD

USD

1922

user reviews

$10

Min. First Deposit

Varies

Max. Withdrawal

1-5

Withdrawal Speed

1-4.7%

Vig

Sign-up bonus

Get bonus

Terms & Conditions

Understanding the terms and conditions of the Caesars Sportsbook "$1000 First Bet On Us" promotion is crucial for potential participants.

These stipulations outline the eligibility criteria, wagering requirements, and other key aspects that govern the usage and limitations of the bonus. Below is a summary of the essential terms and conditions:

Key Terms and Conditions:

Eligibility: Must be 21 or older, present in a state where Caesars operates legally, and a new user.
Account Registration: Open a new account during the promotion period using the specified promo code.
Qualifying Wager: Place the first real-money sports wager within 30 days of account opening.
Bonus Bet: Issued if the first wager is a loss; must be used within 14 days.
Maximum Bonus: Up to $1000, equal to the stake of the qualifying wager.
Exclusions: Wagers using Bonus Bets or Bonus Cash, existing Caesars or William Hill account holders, and prohibited or restricted individuals.
Additional Restrictions: Certain bet types like Super Boost Markets and Round Robins do not qualify.

Final Thoughts

The Caesars Sportsbook "$1000 First Bet On Us" promotion offers an opportunity for new users to engage with sports betting with a safety net. This promotion is particularly interesting for its straightforward eligibility criteria and the substantial maximum bonus limit.

However, potential users must be mindful of the specific terms and conditions, such as the limited timeframe for using the Bonus Bet and geographical restrictions. As with any promotional offer, it's advisable for users to thoroughly understand the rules and requirements to maximize the benefits of the bonus effectively and responsibly.