The Caesars Sportsbook promo code SMARTBONUS1000 offers new users a first-bet bonus of up to $1,000, giving you a bit of a safety net on your initial wager. From my own experience, it’s a straightforward way to ease into sports betting while minimizing some of the risk.
To claim the Caesars Sign Up Bonus, you’ll need to register, use the code SMARTBONUS1000, and place a $10+ bet on college or pro football, basketball, or other eligible games. In this article, I’ll break down how this offer works, share what I’ve learned about using it, and help you decide if it’s a good fit for you.
What are the Caesars Promo Code Details?
| 👉 Caesars Promo Code | SMARTBONUS1000 |
| 💰 Caesars Promo Code Sign-Up Bonus Details | $1,000 PAID BACK ON CAESARS |
| 💵 Minimum Deposit: | $10 |
| 🇺🇸 States Available | CO, KY, AZ, IA, IL, IN, KS, LA, MA, MD, MI, NJ, NV, NY, OH, PA, RI, TN, VA, WV, WY, MA, NC |
| 💣 Daily Odds Boosts | NBA, NFL, NHL and more |
| 💥 Caesars Sportsbook Specials | SGP Bet and Get: Opt-in and wager $5 on SGP with +400 min. odds to get a $5 bonus bet |
| 📈 Earn More with Caesars Rewards | Expand earnings with the Caesars Rewards card |
| 🤑 Refer a Friend | Earn $100 in bonus bets & reward credits for each referred friend |
| 📅 Last Verified On | December 12, 2024 by Peyton Powell |
*Note: The Caesars $1,000 First Bet Offer has been temporarily replaced with the Caesars Double Your Winnings 10x promotion. With this sign-up bonus, you can bet just $1 to unlock ten 100% profit boosts.
How Does the Caesars $1000 Bonus Work?
Caesars Sportsbook offers a welcome bonus up to $1,000 for new customers. When you register and place your first bet, if it doesn’t win, you will receive a bonus bet equal to the amount of your losing wager, up to a maximum of $1,000.
Caesars $1000 Bonus Bet Examples:
- A losing Caesars first bet example: you make a first deposit of $100, then place a $50 first bet on a spread bet in the NFL on the Giants -3 (-110) and it loses, you will receive a $50 bet credit.
- A winning Caesars bet example: you make a first deposit of $200, then place a $110 first bet on the Chiefs -7 (110) and it wins you receive $110 (your wager) plus $100 (winnings) for a total of $210. No bonus bets are issued and you have used your Caesars Sportsbook promo bet.
Bet on Thursday Night Football with Caesars Sportsbook!
The Green Bay Packers (9-3) and Detroit Lions (2-8) open NFL Week 14 on Thursday Night Football at 8:15 p.m. ET. The game will be live on Prime Video from Ford Field in Detroit.
The Lions are 3.5-point favorites over the Packers (Lions -4.5) with the game total set at 51.5 points. Detroit is -178 on the moneyline to win outright, while Green Bay is +150 to pull off the upset.
This is a great way to get started as you can make a big parlay, or pick the underdog you like, and either win a great payout or get your money back. Betting with peace of mind is a huge benefit to starting out with Caesars with this offer.
What Can You Use The Caesars Bet Credits On?
The first thing you will notice when you log in to Caesars Sportsbook is their extensive list of sports betting markets, including the NFL, college football, NBA, college basketball, NHL, and MLB, as well as lesser-followed sports like soccer, darts, cricket, and more.
All of these markets are an option to place your first bet in. However, it must be a real money sports wager of at least $10.00 made via the Caesars mobile betting app or desktop sports betting site within 30 days of opening your new account to qualify.
The only restriction is to make your first bet a qualifying bet. That means it must be $10 or more. Here are some examples of what your first bet can be:
- Moneyline Bet – A moneyline is simply a bet type that only includes Odds, as in “Odds to win” there is no spread in which to cover.
- Point Spread Bet – A point spread wager is on a team/player to win a match/game according to a defined spread set by the sportsbook.
- Parlay Bet – A parlay is a wager that combines two or more bets into one bet, increasing the payout with each additional selection.
- Teaser Bet – A teaser wager is similar to a parlay, that allows the point spreads and/or game totals on two or more picks to be adjusted by as much as 7 points.
- Single Game Parlay – Like a regular parlay, an “SGP” combines two or more bets from one game.
What Is the Caesars Sportsbook Bet Credit Bonus?
The Caesars Sportsbook promo code compares favorably to many other bonus bet welcome offers in the sports betting industry. It’s important to note that there is a risk, your first wager is placed as cash, and if it loses, you get bet credits, not cash in return.
So it’s not entirely without risk. Other comparable bonus bet sportsbook offers are the BetMGM first bet offer and BetRivers first bet promotion. They, too, allow bettors to place their first bet in cash, and if it loses, the user receives bet credits back.
Frequently Asked Questions (FAQ)
A free bet is an opportunity offered by betting sites to place a wager without using any real money. When you utilize a free bet and win, the winnings you receive back exclude the original free bet amount.
Instead, you only get the net profit from the wager. Sportsbooks often use Free bets as promotional tools to attract new customers or reward loyal ones.
They come with specific terms and conditions that may vary among different providers, so it’s essential to understand the rules before taking advantage of this exciting betting opportunity.
No, but Caesars Sportsbook offers a slightly different promotion for new users – a first bet up to $1,000. To participate, new users must complete the registration process. After signing up and making your initial deposit, place your first bet on any sports market you choose.
If your first bet doesn’t win, Caesars Sportsbook credits your account with a bonus bet equal to your initial wager, up to the $1,000 limit. This offer ensures a safety net for your first betting experience with Caesars, making it a lucrative choice for new bettors.
