Caesars Sportsbook Promo Code For March Madness: $1,250 or $1,500 Bonus

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March Madness Vegas

The NCAA men’s basketball tournament continues this week, with the Round of 32 concluding on Sunday before the Sweet Sixteen games take place Thursday and Friday. Caesars has odds on all the upcoming March Madness action, plus a welcome bonus of up to $1,250 for new users who sign up with the Caesars Sportsbook promo code LSRFULL. Note that for Ohio and Massachusetts, you can get a $1,500 first bet on Caesars with the code LSR50.

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Caesars Sportsbook promo code for March Madness

The welcome bonus for new Caesars Sportsbook users is insurance for your first wager. If that first bet loses, you’ll receive a refund in the form of one bonus bet, equal to your original wager, up to a maximum of $1,250. If your first bet wins, you don’t receive any bonus, just the payout from your bet.

To claim the promo, enter Caesars Sportsbook promo code LSRFULL when asked for a promo code. You cannot withdraw the bonus bet without first wagering it, nor can you divide it into smaller bets. If you don’t wager the bonus bet within 14 days of receipt, it will expire. A winning wager that uses the bonus bet will only include the profit in the payout, not the profit plus the bonus bet amount.

The Caesars welcome promo also provides 1,000 tier credits and 1,000 reward credits when you sign up, giving users a boost in the Caesars Rewards program.

In Massachusetts, where Caesars launched online on March 10, the maximum amount for the first bet insurance is $1,500, not $1,250. To sign up for a Caesars account, you must be located in a state where the sportsbook is legal and be of legal betting age in that state.

March Madness betting markets at Caesars Sportsbook

March Madness continues with the conclusion of the Round of 32 on Sunday. Then, the Sweet Sixteen will take place Thursday and Friday in New York; Las Vegas; Kansas City; and Louisville.

Caesars has odds for each game, including moneylines, spreads, totals, and some game props (though exact betting options will vary by state). You can also find odds on individual teams to reach later rounds of the tournament and on which team will win the title in Houston on April 3.

Caesars’ current favorites to win the championship are the Alabama Crimson Tide (+500), Houston Tigers (+500), Kansas Jayhawks (+1000), and UCLA Bruins (+1000).

How to sign up at Caesars Sportsbook

Here’s how to sign up for an account at Caesars and claim the welcome bonus:

  • Head to the Caesars Sportsbook site and click the sign-up button. Fill out the registration form and use the Caesars Sportsbook promo code LSRFULL. For Massachusetts and Ohio users use the Caesars Massachusetts promo code LSR50.
  • Deposit money into your account (minimum $20).
  • Make your first wager. If your bet loses, you’ll receive a refund as a single bonus bet (maximum $1,250, or $1,500 in Massachusetts; see details above).

Ohio Disclaimer: MA only. 21+. New users and first wager only. Must register with eligible promo code. Bet amount of qualifying wager returned only if wager is settled as a loss. Maximum additional Bonus Bet of $1,000. Bonus Bet must be used within 14 days of receipt. See for full terms. Void where prohibited. Know When To Stop Before You Start.® Gambling Problem? If you or a loved one is experiencing problems with gambling, please call 1-800-327-5050 or visit for 24/7 support. LiveChat with a GameSense Advisor at or call 1-800-GAM-1234