Caesars Sportsbook has just launched a brand new welcome offer, and it’s one of the best I’ve seen in years. Sign up today using our exclusive promo code ATSBONUSBG1, place any $1 bet, and if you win, you’ll get $150 in bonus bets. It’s that simple.
In this article, I’ll walk you through everything you need to know about the Caesars Bet $1 Get $150 promotion for new users. We’ll cover how the offer works, provide step-by-step instructions for claiming your bonus, share some important terms and conditions to be aware of, and more. Let’s dive right in!
Bet $1 Get $150 in Bonus Bets If You Win
Gambling Problem? Call or TEXT 1-800-Gambler 21+ 
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Promo Code: ATSBONUSBG1
Bet $1 Get $150 in Bonus Bets If You Win
Gambling Problem? Call or TEXT 1-800-Gambler 21+
Promo Code: ATSBONUSBG1
Gambling Problem? Call or TEXT 1-800-Gambler 21+
What Is the Caesars Bet $1, Get $150 Promotion?
The Bet $1 Get $150 promo is Caesars Sportsbook’s latest sign-up bonus for new users, and it works exactly how it sounds: sign up, bet just $1, and if it wins, you get $150 in bonus bets credited to your account automatically.
Here’s a quick breakdown of everything else you need to know:
| Caesars Sportsbook | Key Information |
|---|---|
| 🎁 Caesars Welcome Offer: | Bet $1 Get $150 in Bonus Bets If You Win |
| 🎉 Caesars Promo Code: | ATSBONUSBG1 |
| 🌎 Eligible States: | AZ, CO, IA, IL, KY, LA, MD, ME, NY, OH, TN, VA, WY, & D.C. |
| 🎲 Minimum Odds: | -10,000 or longer |
| ❌ Ineligible Wagers: | Profit Boosts, Bonus Bets, Round Robins, Cash Out, Super Boosts |
| ✅ Last Verified: | May 4, 2025 |
Just make sure to use our exclusive Caesars Sportsbook promo code ATSBONUSBG1 during the registration process to opt in! This sports betting bonus is now available in over a dozen different U.S. states, and it’s a great opportunity to boost your bankroll right away.
How To Claim $150 in Bonus Bets at Caesars Sportsbook
Ready to take advantage of the Caesars Bet $1 Get $150 promo? Just follow the five simple steps I’ve outlined below:
- Visit Caesars Sportsbook: Start by clicking here to visit the Caesars Sportsbook website on your iPhone, iPad, or any other device of your choice.
- Create a New Account: Once you reach the site, select your state from the list provided, and begin the sign-up process. You’ll just need to provide some basic information (name, email address, etc.), choose a secure password for your account, and complete the quick verification process.
- Make Your First Deposit: Next, tap the “Deposit” button, and make your first deposit of $5 or more. They accept debit/credit cards, Apple Pay, PayPal, Venmo, online banking, and plenty of other convenient banking options.
- Place a Qualifying Wager: Go ahead and explore the betting markets available on that day. Look through the options for college basketball, NBA, NHL, MLB, soccer, golf, or any other sport/league that interests you. Once you find something you like (with odds of -10,000 or longer), place your qualifying bet of $1 or more.
- Receive a $150 Bonus If You Win: Now, you’re good to go. Just sit back, relax, and cheer on your first wager. If it wins, you’ll automatically receive a $150 bonus, paid out in the form of six $25 bonus bets. Enjoy!
Terms & Conditions for the Caesars Bet $1 Get $150 Promo
Before you claim a sign-up bonus at Caesars or any other U.S. online sportsbook, it’s always a good idea to read through the terms and conditions. This way, you know exactly what to expect and won’t have to worry about any surprises later on.
To save you some time, I’ve provided a quick summary of the terms for Caesars Sportsbook’s Bet $1 Get $150 promotion:
Minimum Odds
The most important thing to understand about Caesars’ latest promo is the minimum odds requirement, which is set at -10,000. This means your qualifying wager of $1+ must be placed on a market with odds of -10,000 or longer (-5000, -110, +500, etc.).
Since your goal is to unlock the $150 bonus by winning your first wager, I’d definitely recommend betting a heavy favorite on the moneyline or some other market that’s got a really good chance of hitting (LeBron James 10+ points, for example, is a pretty safe choice).
Wagering Requirements
Wagering requirements are another important factor to consider. Fortunately, the Caesars Bet $1 Get $150 offer comes with just a 1x playthrough requirement. This means you can’t withdraw the $150 bonus right away, but once you wager any of the bonus bets, the winnings are yours to keep and cash out as you please.
More Important Rules To Know
- Only new users are eligible for the Bet $1 Get $150 promotion.
- You must be located in AZ, CO, IA, IL, KY, LA, MD, ME, NY, OH, TN, VA, WY, or D.C.
- The $150 bonus is paid out as six (6) separate $25 bonus bets.
- Bonus bets expire 30 days after issuance.
- Ineligible wagers include: Profit Boosts, Bonus Bets, Bonus Cash, Super Boosts, Round Robins, and Cash Out.
- You must register with an eligible Caesars Sportsbook promo code (ATSBONUSBG1, for example).
If you have any questions, feel free to reach out to Caesars’ customer support team via live chat or email. You can also check out our in-depth Caesars Sportsbook review for more information on their platform, promotions, and overall user experience.
Other Caesars Sportsbook Welcome Bonuses
It’s worth noting that the Caesars Double Your Winnings 10x promotion is still available. This means, if you prefer, you can skip over the Bet $1 Get $150 deal and opt for another sign-up bonus instead.
The other welcome offer at Caesars Sportsbook is the Bet $1, Get Ten (10) 100% Profit Boosts promotion, which works exactly how it sounds: place any $1 wager, and you’ll instantly receive ten 100% profit boost tokens to use on future bets.
Each Profit Boost Token has a $25 max wager, and you can earn up to $2,500 in extra winnings for each one. So, while there are some limits, these boosts can definitely help you get some extra value out of your first few days on the Caesars Sportsbook app.
Plus, for the Double Your Winnings promotion, there’s no requirement that your $1 qualifying bet has to win, so you’ll still get the boosts even if your first wager loses.
Final Thoughts: Is the Caesars Bet $1 Get $150 Promo Worth Claiming?
Overall, the Caesars Sportsbook Bet $1 Get $150 promotion is a pretty great deal, arguably the best one currently offered by a licensed U.S. sportsbook. So, if you’re looking for a new place to bet (and haven’t signed up at Caesars already), I’d definitely encourage you to take advantage of this offer while it’s still available.
Just remember to use the Caesars Sportsbook bonus code ATSBONUSBG1 during the registration process. Also, and I can’t stress this enough, I recommend placing a low-risk wager with a high probability of success, preferably around the -5,000 to -10,000 odds range.
You may only win a couple of pennies on your $1 qualifying wager, but it’ll give you a much better chance at unlocking the $150 in bonus bets. Anyway, enjoy the bonus, and best of luck with your bets!
