The Caesars Sportsbook welcome bonus is one of the best in the industry, and the site adds even more value with its promos related to ongoing events and its rewards program.

When you register at Caesars Sportsbook today, you can earn a welcome bonus that unlocks up to a $1,000 first bet back as a bonus bet. Use the promo code ‘CBS1000’ to claim this offer.

The primary Caesars Sportsbook welcome bonus functions as a first bet insurance promo. With the offer, you can get up to a $1,000 first bet back as a bonus bet. Place a bet. If it wins, you receive the profit. If it loses, you receive bonus bets equal to whatever you lost on the wager.

For example, if you placed your first bet for $500 at +200 odds, a win would give you $1,000 in profit. A losing bet would give you a refund of $500 as a bonus bet. The most you can earn back in bonus bets is $1,000.

As with any promotion, there are a few important things you need to be aware of before opting in. We’ll detail them below.

The Caesars Sportsbook offer unlocks up to $1,000 in bonus bets. To get started, enter the promo code ‘CBS1000’ and deposit $10 or more. There’s only a 1x playthrough requirement on the bonus. 

Understand that the “bonus bets” you receive with the offer are handed out as one bonus bet. So, instead of being able to use the bonus bets on multiple wagers, you must use them all on the same bet.

You can place your first bet on any market. You have 14 days to place your first wager when you claim the offer. Once you do, you have 14 more days to use your bonus bet before it expires.

The bonus bet with this offer works like most offers. The bonus bets don’t hold cash value. If you use one, you only get the potential profit from the wager and not any of its value.

The registration process at Caesars Sportsbook is straightforward. Use the step-by-step guide below to sign up and claim your Caesars Sportsbook promo:

Caesars Sportsbook constantly updates its welcome offers for marquee events on the sports calendar and state launches, such as North Carolina.

Caesars Sportsbook launched in North Carolina in March 2024 and provided new sign-ups with a welcome bonus different from its primary offer. In North Carolina, you could claim $150 in bonus bets (three $50 bonus bets) when you bet $10 or more.

In addition to the Caesars Sportsbook welcome bonuses and promos related to ongoing events, the site has even more. Let’s discuss.

The Caesars Rewards program is one of the most vaunted loyalty programs in the sports betting world. Caesars Entertainment is a well-respected gambling company with properties worldwide. Every time you place a bet at Caesars Sportsbook, you earn points toward the program that can be used to pay for hotel stays, full-scale vacations and bonus bets.

Quick Picks are listed in bunches on the Caesars Sportsbook site or mobile app. These are pre-made wagers that you can place, and they are usually parlays. Often, these Quick Picks don’t have any additional value. However, they can have boosted odds, making them very appealing in some cases.

Caesars Sportsbook usually offers some of the industry’s most lucrative welcome bonuses, as evidenced by the $1,000 first bet offer. The Caesars Sportsbook welcome bonus is consistent with its competitors like FanDuel, DraftKings and BetMGM.

Check out the chart below to see what the best online sportsbooks offer new customers.

Caesars Sportsbook offers tremendous promotional value to its new and existing customers. Because of this, the brand has become highly regarded among top online sports betting sites. 

When you register at Caesars Sportsbook, you will receive up to a $1,000 first bet back as a bonus bet. A great way to get you started, and a chance to place a big bet without breaking your bankroll.

Existing customers can also collect their fair share of Caesars Sportsbook promos. Whenever a significant event occurs, we suggest checking out the site because there’s bound to be some bonus you can take advantage of. Daily, you can also find bet insurance promos and odds boosts. At the time of writing this review, the NBA and NHL Playoffs were at the forefront of the sports world, and Caesars had odds boosts for both NBA and NHL bettors on different parlay combinations.

The Caesars Rewards program stands out as a direct by-product of the Caesars brand’s reputation and global reach. Bet at Caesars Sportsbook and potentially turn your wagers into an entire vacation. Quick Picks are also a considerable part of Caesars Sportsbook. They save you the time of compiling a parlay, instead finding a pre-made one you might like.

We highly recommend checking out Caesars Sportsbook. If you sign up today, you can claim an excellent value with the site’s welcome bonus. Once you have exhausted that, you can claim even more promos for upcoming events and daily games.