ByGarrett Chorpenning

Aug 19, 2024

Caesars Deposit Match Promo

  • Double Your Winnings On Your Next 10 Bets​

    $25 Max Bet Per Boost

    Gambling problem? Call 1-800-GAMBLER CO, DC, IL, IN, KS, KY, LA, MD, MS, NJ, OH, PA, TN, VA, WV, WY Call 877-8- HOPENY or text HOPENY (467369) (NY) Call 1-800-327-5050 (MA) 21+ to wager. Please Gamble Responsibly. Call 1- 800-NEXT-STEP (AZ), 1-800-522-4700 (NV), 1-800-BETS-OFF (IA), 1-800-270-7117 for confidential help (MI), 1-800-981- 0023 (PR).

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    Visit Caesars Sportsbook|Read Review
    • Intuitive App

    • Plenty of Markets & Bet Types

    • VIP Rewards System

Caesars Sportsbook is a popular platform due to its generous rewards, including a welcome bonus that includes a $1,000 match on losses.

While this is not a deposit match, it’s an offer that provides you with up to $1,000 in bonuses if your first bet loses.

On this page, you will learn the ins and outs of the Caesars welcome bonus.

Caesars Sportsbook Deposit Match Promo Code

Take advantage of the Caesars welcome bonus using promo code GAMEDAY1000. This will get you a first bet match up to $1,000 if your wager loses.

Simply click our “Claim Offer” button to start the registration process. Once that is completed, you will be able to get started on this generous bonus.

How the Caesars Sportsbook Deposit Match Promo Works

Getting the Caesars welcome bonus is an easy process. While it’s not a deposit match, it’s a generous offer that will allow you to get off to a great start at the platform.

Follow these steps to obtain this promo:

  1. Click our “Get Bonus” button to get to the Caesars landing page.
  2. Select “Sign Up” to create your account.
  3. Fill out the registration form with your personal information.
  4. Make sure to type in promo code GAMEDAY1000.
  5. Wait for the confirmation email and click the link when it’s received.
  6. Deposit at least $10 into your account.
  7. Place your first wager (minimum $10).
  8. This can be on any betting market or bet type (odds boosts excluded).
  9. If you win, enjoy the profits as usual.
  10. If you lose, your bet will be matched up to $1,000.
  11. The bonus will be provided as a single bet token matching your initial wager.
  12. For example, if you stake $1,000 and lose, you will get one $1,000 bonus bet.

Wagering Requirements

The bonus is not withdrawable, so there are no wagering requirements, but any associated winnings can be taken out of your account.

When you wager with your bonus, it is not included in the return.

For example, one $1,000 bonus placed on a bet with (+100) odds would return $1,000 in withdrawable funds.

Terms and Conditions

The bonus expires seven (7) days after being received, so make sure to use it right away. The last thing you want is to lose your first wager and not be able to recoup your losses with your bonus bet.

Caesars Sportsbook Deposit Match vs Its Competitors

Caesars doesn’t currently have a deposit match, but it’s up to $1,000 in bonuses is a great offer that stacks up well vs competitors.

What’s great about the Caesars offer is that you have a high limit at $1,000. So if you’re able to max out the offer, you can get back $1,000 in a bonus match if your first bet loses.

Let’s see how that compares to the competition:

  • FanDuel Bet 5 Get 150
    • Win or lose on your first bet (minimum $5), get back $200 in bonuses.
    • This is a more accessible bonus with a lower barrier to entry compared to Caesars.
  • DraftKings Bet 5 Get 150
    • Similar to the FanDuel offer, where your first bet (at least $5) nets you $150 in guaranteed bonuses.
    • Only difference compared to FanDuel is the lower limit ($150 vs $200).
  • BetMGM: Bonuses up to $1,500
    • If your first bet loses, you will be matched in bonuses up to $1,500.
    • Identical to Caesars offer except with a higher limit ($1,500).
    • The bonus is also dispersed as several bonus bets rather than a single bet token.

The Best Way to Use the Caesars Deposit Promo Code

The best way to use the Caesars deposit promo code is to play it safe. Your goal is to win your first bet, not rely on the bonus to recoup your losses.

I recommend getting as close to the $1,000 maximum as you can to take full advantage of this offer.

So how can you play it safe? Well, first you should stick to straight bets. They’re much easier to win than parlays.

Next, go with a favorite instead of an underdog. Favorites have higher implied probabilities, meaning that they’re projected to be more likely to win.

Stick to a betting market where you feel most comfortable. For me, that’s NFL player props. When I used the Caesars deposit promo, I focused on a marginal player with limited playing time, going with the Under.

A good example of this is when I took Mecole Hardman Under 8.5 receiving yards in the 2024 playoffs. He ended up only playing two snaps all game and I won with ease.

Last, you want to make an informed decision. You do this by researching relevant data to support your selection.

Take a look at the game total, think about the team vs team matchup, and consider how your player has performed recently.

Follow these tips to ensure that you make a reasonable pick with your bonus.

If you lose, your goal shifts from profit to recovery. You want to try to get back what you’ve lost by using your bonus bet. For this reason, it’s best to play it just as safe. Don’t try for a longshot here.

For more information, check out our Caesars Sportsbook hands-on review.

Is the Caesars Sportsbook Deposit Match Worth It?

Yes, the Caesars welcome bonus is absolutely worth it. While it’s not a deposit match, you’re still going to be matched up to $1,000 if your first bet loses.

It’s nice to have the insurance if your initial wager loses, knowing that it will be matched up to such a high limit of $1,000.

It’s also comforting to know that you’ll have a second chance to get back your losses in the worst-case scenario.

Use the Caesars welcome bonus to build your bankroll. Don’t miss out on one of the best sportsbook promos available.

How to Withdraw Your Deposit Match Winnings

Withdrawing your winnings at Caesars is simple. Just follow these steps:

  • Click your account information, found on the top-right corner.
  • Select “Deposit.”
  • Choose one of the banking methods available.
  • Your wait time can vary depending on the payment option.
    • PayPal or online banking is one of the fastest choices.

Where Is the Caesars Sportsbook Deposit Match Promo Available?

The Caesars Sportsbook welcome bonus is available in the following states:

  • Arizona
  • Colorado
  • Iowa
  • Illinois
  • Indiana
  • Kansas
  • Kentucky
  • Louisiana
  • Massachussetts
  • Maryland
  • Michigan
  • North Carolina
  • New Jersey
  • Nevada
  • New York
  • Ohio
  • Pennsylvania
  • Tennessee
  • Virginia
  • Washington D.C.
  • Wyoming
  • West Virginia
Promo Type
SportsBookCaesars Sportsbook
How to Enter
Promo CodeGAMEDAY1000

Author

Garrett Chorpenning

Garrett Chorpenning is the Lead NBA Editor for The Game Day. His previous work includes covering the LA Clippers for Sports Illustrated and FanSided. He graduated from Ball State University in 2021.

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