ByFrank Ammirante

Dec 14, 2023

Caesars UFC Betting Promo | $1K First-Bet For Edwards-Covington

  • Get A Bonus Bet Up to $1,000

    If Your 1st Bet Loses

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We’ve got Leon Edwards and Colby Covington headlining UFC 296 live from T-Mobile Arena in Las Vegas on Saturday, December 16. The main card begins at 10 p.m. ET with preliminaries at 8 p.m. ET and early prelims at 6 p.m. ET.

We’re here at The Game Day to provide you with a full breakdown of the final UFC card on the 2023 calendar, helping you take full advantage of one of the best sportsbook promos in the industry.

Be sure to sign up right away to get the best to bet on this Saturday’s UFC 296 card.

Caesars UFC Betting Promo At A Glance

Caesars Sportsbook Promo Code GAMEDAY1000
Caesars Sportsbook Promo Details$1K First Bet Bonus
Caesars Sportsbook Promotion TermsBonus bet awarded within two business days of bet being graded a loss; bonus bet has no cash value and expires in 14 days
Caesars Sportsbook Legal StatesAZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, MI, NV, NJ, NY, OH, PA, TN, VA, WY, WV, Washington, D.C.

Caesars UFC Betting Promo For Edwards-Covington

New users can take advantage of the Caesars UFC betting promo that includes up to $1,000 in bonuses. Activating this promo is a simple process, just sign up for an account, make a deposit, and place for your first bet. If the initial wager loses, players will be refunded that loss in bet credits, capped at $1,000.

For example, I can bet on Covington to win the main event at (+135) odds. If I maxed out this offer and bet $1,000, I would receive $1,350 if Covington won. If the bet lost, I would be refunded $1,000 in bonuses.

What’s great about this offer is that it removes some of the financial risk involved with sports betting because even if I lose, I’ll have a chance to win back my money with the bonus.

Keep in mind that it’s best to bet on an event with plus odds because you don’t want to be risking more than your potential refund.

For example, if you took Edwards to win at (-160) odds, you’d be risking $1,600 to win $1,000. If Edwards lost, you would still only get back $1,000 instead of your full $1,600 stake.

Find your preferred wager on an underdog and place your bet. This is how you can take full advantage of the Caesars promo.

How The Caesars UFC Betting Promo Works

Here’s how the Caesars UFC betting promo works:

  • If your first bet loses, you will be refunded 100% of your bet.
  • The refund will be provided in a single bet token that matches your initial wager.
    • For example, if you bet $1,000 and lost, you will get back one $1,000 bet token.
    • This token can be only used once and cannot be spread out into smaller bets.
    • Losing wagers that are less than $1,000 will be matched in that amount.
  • If your bet wins, you will not receive the bonus.
  • This bonus is a welcome offer that is provided to new users and can be used only once.

Be sure to be mindful of the following terms and conditions:

  • Your first bet needs to be placed within 30 days of registration.
  • This initial wager cannot be used on odds boosts or round robins.
  • Do not cash out your bet or you will forfeit the bonus.
  • If your first bet loses, your bonuses must be used within 14 days.
  • The bonus will be provided to your account within two business days.
  • This promo does not have cash value and can only be used as a credit.
  • Any winnings obtained from your bonus credit is considered cash funds.

How To Activate The Caesars UFC Betting Promo

Here’s how you can activate the Caesars UFC betting promo:

  1. Click on any link on this page to access the Caesars landing page.
  2. Sign up for a new account by creating a username and password.
  3. Include your personal information like name, address, and more to verify your identity.
  4. Enter the Caesars UFC betting promo code during registration to unlock this bonus.
  5. Place a deposit of at least $10.
  6. Your first bet can be on any of the available markets, including UFC.
  7. Once the bet is settled, you will either receive your winnings immediately or bonus within two business days.

Caesars Sportsbook Payment Methods

There are a number of payment methods available at Caesars, including the following:

  • Credit/Debit
  • PayPal
  • ACH/eCheck
  • Caesars Prepaid Play+
  • PayNearMe
  • Bank Wire Transfer
  • Cash at Counter

Caesars Sportsbook Withdrawal Options

You can also withdraw your winnings at Caesars with these methods:

  • Credit/Debit
  • ACH/eCheck
  • PayPal
  • Bank Wire Transfer
  • Cash at Counter
  • Caesars Prepaid Play+

What To Bet With The Caesars UFC Betting Promo This Week

Colby Covington to Win (+135)

Using your Caesars promo on an event with plus money odds is the way to go, so take a shot on Colby Covington to win at (+135).

This line opened with Covington as a favorite, but the public has targeted Leon Edwards, moving the line considerably. It’s gotten to the point where we’re getting good value on Covington, who could be rested having not fought in over a year.

This should be a close matchup, but I’d recommend using the bonus on Covington for a chance at a better return on investment.

Promo TypeNew User Bonus
SportsBookCaesars Sportsbook
How to Enter Sign Up for a BetMGM Account


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.

If you or someone you know has a gambling problem and wants help, please call 1-800-GAMBLER.

21+ and present in OH. Gambling Problem? Call or text 1-800-GAMBLER (CO, DC, IL, IN, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY).

Call 877-8-HOPENY or text HOPENY (467369) (NY).

Please Gamble Responsibly. Call 1-800-NEXT-STEP (AZ), 1-800-522-4700 (KS, NV), 1-800-327-5050 (MA), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI).

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