ByFrank Ammirante

Feb 20, 2025

Caesars Bet $20, Get $200 Promo | EXPIRED – Bet $1, Double Your Winnings Your Next 10 Bets

  • Bet $1, Double Your Winnings Your Next 10 Bets

    Up to $25

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NOTE: This Caesars Bet $20, Get $200 offer has expired, but right now you can get Bet $1, Double Your Winnings Your Next 10 Bets.

You won’t want to miss out on this offer, since it’s a great way to build your bankroll at Caesars.

Caesars Sportsbook Bet $20, Get $200 - EXPIRED

NOTE: This offer is expired, you can get Bet $1, Double Your Winnings Your Next 10 Bets.

Looking to cash in on this year’s NCAA Tournament? Caesars Sportsbook’s latest promo can help new bettors win a $200 bonus bet when their team scores one point in a college basketball game of your choice.

To earn your $200 bonus bet, all you have to do is and sign up at Caesars. Then, after making your first deposit, place your first wager ($20 minimum) on a men’s college basketball game of your choice.

When a team in that game scores one point, you’ll receive your $200 bonus bet!

How the Bet $20, Win $200 Caesars Promo Works

NOTE: This promo has expired, but use code GAMEDAYDYW to Bet $1, Double Your Winnings Your Next 10 Bets. This includes up to $25 Max Bet Per Boost.

  • to sign up at Caesars.
  • After registering, make your first deposit into your Caesars account.
  • For your first wager, bet at least $20 on a Men’s NCAA Tournament game of your choice.
  • When a team in your game scores a point, you’ll get a $200 bonus bet.
  • If you choose to cash out of your bet, you will not receive your $200 bonus bet.
  • Bonus bet will be added to your account within two days of promotion expiring.

Caesars Promo Code

The promo below is expired, but you can Bet $1, Double Your WInnings Your Next 10 Bets. The maximum bet for this boost is $25.

Caesars is offering up to $1,000 in bonus bets for new users. Simply place your first wager at Caesars Sportsbook. If you win, you’ll enjoy the profits as usual. If you lose, your bet will be matched in bonuses up to $1,000.

For example, if I wagered $1,000 on Yankees ML and lost, I would get a single bet token matching my initial wager ($1,000).

What’s great about this promo is that it has a high limit ($1,000), giving you a chance to build your bankroll.

Make sure to use Caesars promo code GAMEDAY1000 to unlock this lucrative offer.

For more information, read more about the Caesars promo and review.

How the Caesars Sportsbook $1,000 Bonus Works

This Caesars promo works like this:

  • and enter promo code GAMEDAY1000
  • Deposit at least $10 and make your first wager.
  • If your first wager loses, you’ll get that amount in the form of a bonus bet
  • Bonus bet will be one single token credited two business days after your wager is graded a loss
  • It will expire in 14 days and has no cash value.

It’s also worth noting that Caesars has a special offer for Maine users: Bet $5, Get $250. This is where your first bet (min. $5) gets you $250 in guaranteed bonus bets.

Wagering Requirements

You can’t withdraw your bonus bet, but you can immediately claim any winnings. Remember that the bonus bet has no cash value — it can only be used to try to rack up more profits.

Terms and Conditions

  • New users only.
  • Must lose your first bet to get bonuses.
  • Deposit at least $10.
  • Bonus are non-withdrawable and expire after 14 days.

Caesars $1,000 Promo vs Its Competitors

Let’s take a look at how the Caesars promo stacks up to the competition:

bet365 Sportsbook

bet365 is offering new users the choice between Bet $5, Get $100.

This is where is where your first bet (min. $5) gets you $100 in guaranteed bonuses.

Make sure to use promo code GAMEDAY to activate this offer.

Read more about the bet365 promo code.

Fanatics Sportsbook

The Fanatics welcome bonus features up to $1,000 in No Sweat Bets.

This is where your first bet is matched up to $1,000 if it loses.

The high limit gives you a chance to build your bankroll.

BetMGM Sportsbook

BetMGM has a similar offer to Caesars, except you get bonuses up to $1,500 using promo code GAMEDAY.

Place your first bet and if it loses, you will be reimbursed up to $1,500.

This high limit is perfect to build your bankroll — make sure to take advantage at BetMGM.

What’s also good is that your bonus is spread out over smaller increments rather than a single bet token.

DraftKings Sportsbook

DraftKings has a Bet $5, Get $150 offer with guaranteed bonuses.

What better way to start your sports betting venture than with $150 in bonuses, even if you lose your first wager?

This is a great offer with a low barrier to entry ($5) and a lucrative reward ($150).

FanDuel Sportsbook

FanDuel features a Bet $5, Get $150 welcome bonus if your first wager wins.

You will want to play it safe here, since you only get your bonus if you hit your first bet.

This is one of the best sportsbook promos available, so sign up at FanDuel today.

Use The Caesars Promo on Suns

Suns -2 (-110) at Spurs

It’s only a matter of time before the Spurs (23-29) start living up to expectations, especially now that they have De’Aaron Fox in the fold.

However, Victor Wembanyama (illness) is doubtful for this game, so Kevin Durant and company have the edge in this spot.

Take the Suns as short road favorites against the Wembanyama-less Spurs.

The Best Way to Use the Caesars $1,000 Promo

This promo is expired. The best way to use the Caesars Double Your Winnings promo is to use the maximum bet ($25) to take full advantage of the offer.

The best way to use the Caesars $1,000 promo is to play it safe. Find your favorite bet at reasonable odds (ex. +100 to -150). This way, you maintain a 50% implied probability or better (+100 = 50%) while also ensuring that you still get a good ROI.

You don’t want to shoot for the moon on a longshot because your goal is to win your first wager, not rely on the bonus to recoup your losses.

If you do end up losing your first bet, it’s best to continue to take a conservative approach.

Your plan shifts towards obtaining profit to minimizing your losses.

Use your single bet token on another straight wager of a pick that you researched and feel comfortable with. I like to go with player props.

Is the Caesars $1,000 Promo Worth It?

Yes, the Caesars promo is worth it. With a high limit like $1,000, you have a terrific opportunity to build your bankroll.

I recommend getting as close to the $1,000 maximum as you can, but I understand that’s a high number to get to. Bet at least 2x your standard wager on this bonus, since having the comfort of being refunded in bonuses is a nice reward that you need to take advantage of at Caesars.

While I prefer Bet & Get offers, this is still a useful promo at Caesars.

How to Withdraw Your Caesars Promo Winnings

Withdraw your Caesars promo winnings with these steps:

  1. Click your account information at the top right corner.
  2. Select “Withdraw."
  3. Choose your preferred banking method.
  4. Press “Submit."
  5. Wait for the withdrawal to be approved.
  6. You can monitor the status in your account settings.

Where Is the Caesars Sportsbook Promo Available?

The Caesars $1,000 promo is available in the following states:

  • Arizona
  • Colorado
  • Illinois
  • Indiana
  • Iowa
  • Kansas
  • Kentucky
  • Louisiana
  • Maryland
  • Massachusetts
  • Michigan
  • New Jersey
  • New York
  • North Carolina
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • West Virginia
  • Wyoming
  • Washington D.C.

Do note that users in Maine are entitled to a Bet $5, Get $250 offer.

Promo TypeNew User Promo
SportsBookCaesars Sportsbook
How to EnterSign Up & Bet
Promo CodeGAMEDAYDYW

Author

Frank Ammirante

Frank Ammirante is a Senior Sports Writer at The Game Day. Previously, he wrote for 4for4 Football and RotoBaller. Frank is a member of the Fantasy Sports Writer's Association while maintaining an active presence within the community. He has competed in industry contests like the Scott Fish Bowl, The Great Fantasy Baseball Invitational, and more. Frank will be making his debut in Tout Wars this year. He's got a diverse sporting background, but specializes in football and baseball.

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