Caesars Bet $1, Get $150 Promo Code

This Caesars Bet $1, Get $150 promotion is now live on March 10th, 2025.

When it comes to top-tier sportsbooks, Caesars is right atop the list. On top of offering competitive odds and a huge range of sports to bet on, Caesars Sportsbook also boasts plenty of user-friendly features like promotions, regular odds boosts, themed same game parlays, and a great rewards system.

The newest Caesars promo worth taking advantage of is a Bet $1, Get $150 offer for new users. Simply sign up using the promo code GAMEDAYBG1, wager $1 on any sports bet, and get $150 in bonus bets if you win.

You can find out exactly how to claim this promo and the best ways to use it below.

Caesars Bet $1, Get $150 Promo Code

By using the promo code GAMEDAYBG1 upon signing up, you can win $150 in bonus bets on your first bet of $1 or more. Only new users can claim this offer. Players with existing accounts at Caesars Sportsbook or Casino will not be eligible.

Once you’ve signed up, your first wager must be valued at least $1. Any sport of your choice will qualify, but you can’t cash out early or combine your $1 bet with another offer, like a profit boost token. If you win your bet, Caesars will credit your account with $150 in bonus bets. However, if you lose your bet, you won’t get a bonus.

The bonus will be awarded as six $25 bonus bets rather than one $150 bonus bet, giving you the opportunity to spread your luck around and try your hand at winning multiple wagers. Each bonus bet must be used within 30 days from the date it was added to your account.

How the Caesars Bet $1, Get $150 Promo Works

To get your Bet $1, Get $150 promo, just follow these steps:

• to activate the bonus and head directly to Caesars Sportsbook.
• Select your state from the dropdown menu and click “Continue" to move on.
• Enter your email address, password, and phone number.
• Fill out the necessary personal information and tap “Continue" to confirm your identity.
• Once your account has been activated, find a sports bet you like and wager at least $1.
• If you win your bet, you’ll receive $150 in bonus bets, paid as six $25 bonus bets.
• You have 30 days from the date you receive your bonus bets to use them before they expire.

If you don’t win your initial $1 bet, you won’t get your $150 in bonus bets. Make sure you find a market you feel confident in before you place your first bet.

Wagering Requirements

If you win your first bet, it’s important to note that you cannot immediately withdraw the bonus bets like you can with cash winnings. However, any winnings you receive from wagering the bonus bets will be yours to keep.

Terms and Conditions

• Only new players in qualifying states are eligible to receive this promo.
• Your first bet must be at least $1 to qualify for this offer. If your first bet is less than $1, the next bet you place of $1 or more will not count toward the promotion and you will no longer be able to claim it.
• You must win your first bet of $1 or more to get the $150 in bonus bets.
• Each bonus bet is a single-use token, and the value of the bonus bet is not included in your winnings.
• Once you receive your bonus bets, you will have 30 days to use them. Otherwise, they will expire.
• If you settle your first bet using the cash out option, you will not receive any bonus bets.

It’s recommended that you read the full list of terms and conditions for this offer before you sign up and bet.

Caesars $150 Promo vs Its Competitors

This Bet $1, Get $150 offer from Caesars Sportsbook is a strong offer, but does it stack up against its top competitors? Here’s what a few other sportsbooks offer to new users:

bet365 Sportsbook

bet365 is running a Bet $5, Get $150 bonus offer when you sign up with the promo code GAMEDAY.

This promotion is comparable to the one Caesars is offering, however, bet365 requires players to bet at least $5 to get the bonus bets, while Caesars will award bonus bets when you win your first bet of $1 or more. With that said, bet365 doesn’t require players to win their first bet to get the bonus bets.

While the guarantee of bonus bets is nice, bet365 only gives players seven days to use them, so you may be pressed to find enough bets to place before your bonus expires.

Fanatics Sportsbook

Fanatics Sportsbook offers a bet and get of up to $1,000 of no sweat bets. This bonus lasts for 10 days and offers a maximum of $1,000 in bonus bets.

To maximize the offer, you can place a $100 wager each day for 10 days. If you lose, you’ll get $100 back in bonuses each day, essentially giving up 10 no sweat bets worth $100 apiece.

The high value of this promo is nice, but not all sports bettors may be willing to bet such a high amount each day. The ceiling is higher than the Caesars Bet $1, Get $150 offer, but you also have to bet much more than $1.

BetMGM Sportsbook

When you sign up and bet at BetMGM Sportsbook, you can get up to $1,500 in bonuses by using the promo code GAMEDAY.

After signing up, if your first bet of up to $1,500 loses, you’ll get it back in the form of bonus bets. On top of that, the bonus bets will be split up into five equal wagers, potentially allowing you to earn more winnings from the bonus bets than you would have on your initial wager.

You have to spend more to get the most out of this offer, though, while Caesars Sportsbook’s Bet $1, Get $150 promo boasts a much lower entry point.

DraftKings Sportsbook

Like bet365, DraftKings Sportsbook is running a Bet $5, Get $150 promotion. To be eligible, you have to sign up, deposit at least $10, and wager at least $5 on your first bet. Whether you win or lose, DraftKings will award you with $150 in bonus bets.

You’ll get bonus bets no matter what with this offer, and the $5 entry point is great for bettors of all backgrounds. Still, if you’re looking for the best bang for your buck, the Caesars offer carries the potential to earn $150 in bonus bets on a $1 wager.

FanDuel Sportsbook

FanDuel is another operator offering a Bet $5, Get $150 promotion. The terms and conditions are largely similar to the bet365 and DraftKings offers, making this a great complementary choice.

The same argument applies for Caesars, though: While these offers require you to bet at least $5 to get your bonus bets, the Bet $1, Get $150 promo has the lowest point of entry.

Use The Caesars Promo on Cavaliers vs Bulls

Bulls +12.5 (-105) vs Cavaliers

The Cavaliers are arguably the best team in the NBA, and they enter Tuesday’s meeting with the Bulls at 50-10 overall and as winners of 10 in a row. Cleveland won’t have Evan Mobley available this evening, though, and this is a very different group when he’s not available.

Chicago is far from a contender, but it has pulled off some surprising wins this season, namely over the Celtics, Nuggets, Grizzlies, Bucks (twice), and Knicks (twice). Based on the Bulls’ track record, I wouldn’t be surprised if they managed to stay competitive with the short-handed Cavs.

The Best Way to Use the Caesars $150 Promo

Now that you’ve signed up, the next order of business is finding a bet to stake your $1 on so you can get your $150 in bonus bets. This is easier said than done, but we have some tips to offer that can give you a better chance of getting your reward.

• Look for favorable odds: There’s no such thing as a guarantee in sports betting, but because you have to win your first bet to get the $150 bonus, you should stack the odds in your favor. Don’t bet on a team that isn’t favored to win, and if you can find one, look for a team with (-400) odds or better.
• Stick to your comfort zone: There’s a good chance you watch a variety of sports, but there’s probably one that stands out as your favorite, or perhaps you feel you’re most knowledgeable about. Use your smarts to your advantage — you don’t want this to be a coin toss.
• Research: If you’re struggling to come up with a bet of your own, consider consulting with experts. The Game Day has pages dedicated to the best NFL, NBA, MLB, and NHL bets you can make each day.

Is the Caesars Bet $1, Get $150 Worth It?

Yes, the Caesars Bet $1, Get $150 promotion is worth it. The only sticking point is that you have to win your first bet of $1 or more to earn the $150 bonus, but even if you lose, you may only be out $1.

By turning a $1 bet into $150 in bonus bets, you’re maximizing your potential winnings. There are few bets that pay out at such a high rate, so it’s important to take advantage of these rare opportunities when they come along.

Whether you’re just getting into sports betting or are looking for a new sportsbook to get started at, the Bet $1, Get $150 is worth your time.

How to Withdraw Your Bet & Get Winnings

If you win with one of your bonus bets, you can withdraw your funds by following these simple steps:

1. Click your user icon in the right-hand corner of the screen.
2. Click “Withdraw" under your account balance.
3. Select your withdrawal method.
4. Enter the amount you would like to take from your account.
5. Submit your request.

Withdrawals may be subject to a minimum or maximum amount, so be sure to read the terms and conditions before you begin this process. Most withdrawals will be processed within a few hours. If your withdrawal is taking longer than expected, you should contact Caesars Sportsbook’s support team.

Where Is the Caesars Sportsbook Bet $1, Get $150 Promo Available?

New users who sign up at Caesars Sportsbook can claim the Bet $1, Get $150 promo in Arizona, Colorado, Illinois, Iowa, Kentucky, Louisiana, Maryland, Maine, New York, Ohio, Tennessee, Virginia, Washington, D.C., and Wyoming. This offer will expire on April 15, so don’t let it slip away.