Caesars Sportsbook Promo Code

Reviewed by:

Christopher Feery

Last Updated:

May 7, 2024

4.6/5

⭐⭐⭐⭐⭐

Rating: 4.5 out of 5.

Payout Speed

4.8/5

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App / UX

4.3/5

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Bonus / Promos

4.1/5

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Props / Odds

4.9/5

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The Caesars Sportsbook promo code LSR1000 will qualify you for a refund of up to $1,000 if your first bet loses this week. You will get the money back as a bonus bet, which has a 1x playthrough requirement.

For example, say you bet $50 on the Boston Celtics to win their next game. If the Celtics win, you will receive your winnings as normal. If the wager loses, you will receive a $50 bonus bet. You could then use that bonus bet to wager on a sporting event of your choice, and any winnings would be yours to do with as you wish.

Caesars Sportsbook also offers more daily odds boosts than many of its rivals. Additionally, North Carolina bettors can sign up at Caesars Sportsbook North Carolina and claim additional sign-up bonuses ahead of the Caesars online launch in the state on March 11. Just use the Caesars NC promo code LSRDBL to claim that additional bonus.

How to get the Caesars Sportsbook bonus bets

To claim the Caesars Sportsbook welcome bonus, you’ll need to create an account, make a deposit, and bet $10 or more on any sports event. There are no minimum odds requirements. Then, if that wager loses, you will receive a refund in the form of a bonus bet, up to the maximum of $1,000.

The bonus bet will have a 1x playthrough requirement. You will have 14 days to complete that requirement. You cannot split the bonus bet into a series of smaller wagers; you must wager it all in one lump sum. Just place a single wager, and any winnings you receive will go into your withdrawable account balance.

What does the Caesars Sportsbook promo code get me?

You will get your money back as a bonus bet if your first wager loses after redeeming the Caesars Sportsbook promo code LSR1000. To qualify, you can place a wager of between $10 and $1,000. You can choose any sport, but the bet must settle within 30 days of registration, so avoid long-term futures.

For example, you could bet on the men’s college basketball game this Saturday between No. 4 Tennessee and No. 14 Alabama. Alternatively, you might wager on the NHL game between the Florida Panthers and the Detroit Red Wings, also on Saturday. If your bet wins, you receive your winnings, the same as with any other wager. However, if it loses, you essentially get a second chance. You’ll get the money back as a bonus bet, and you then just need to wager it once. If you win, your profits will go into your account balance. You can then withdraw the funds or use them to place other bets.

The No. 1 Caesars promo code right now is …

The best Caesars Sportsbook promo code is LSR1000. It unlocks a welcome bonus of up to $1,000 as a refund if you lose your first wager. The bonus then arrives in your account as a refund in the form of a bonus bet.

Caesars Sportsbook North Carolina promo code for $1,000 sign-up offer

Caesars Sportsbook is live in Kentucky

Caesars Sportsbook launched in Kentucky on Sept. 28, 2023. New customers could receive a bonus of $250 with a bet of $50 when the book went live in the state.

Figures from the Kentucky Horse Racing Commission show that Caesars is one of the top five online sportsbooks in the state, along with FanDuel, DraftKings, bet365, and BetMGM. If you have not yet created a Caesars Sportsbook KY account, you can use the promo code LSR1000 to claim a welcome bonus for up to $1,000 if your first bet loses. See above for details.

When did Caesars Sportsbook launch in Massachusetts?

Caesars Sportsbook launched in Massachusetts on March 10, 2023. That was just in time for March Madness. Sports fans in the state wagered more than $500 million in the first three weeks alone, and Massachusetts now has one of the largest legal sports betting markets in the country.

Competition remains fierce among the state’s online sportsbooks. If you create an account at Caesars Sportsbook MA, you can claim a promo for up to $1,000 if your first bet loses. Just use the promo code LSR1000 when signing up.

Caesars Sportsbook Ohio live since Jan. 1, 2023

Caesars Sportsbook went live at 12:01 a.m. on New Year’s Day in Ohio, alongside competitors such as DraftKings and BetRivers. Bettors in the state wagered a record-breaking $1.1 billion in the first month, and Caesars proved to be one of the most popular apps on the market.

If you would like to sign up at Caesars Sportsbook in Ohio, use the Ohio sportsbook promo code LSR1000 to unlock the standard bonus for up to $1,000 if your first bet loses. See above for details.

Other promos at Caesars Sportsbook this week

Here are some of the top additional promos available at Caesars Sportsbook this week:

• 50% NBA SGP profit boost: Opt in, create an NBA same-game parlay with minimum odds of +400 and use the profit boost token to increase the potential winnings by 50%.
• Win a trip to Augusta: After opting in, receive one entry into the contest for every $10 you wager on golf top five, 10 or 20 finishes. One lucky Caesars bettor will win tickets to this year’s Masters.
• Odd boosts: Caesars offers dozens of odds boosts each week. Most of the boosts are parlays or same-game parlays.

You will also receive credits to use as part of the Caesars Rewards program whenever you place a wager at Caesars Sportsbook. The credits unlock benefits like bonus bets and additional perks, according to the level you reach.

How do I get the best Caesars Sportsbook promo code?

Follow these steps to claim the Caesars Sportsbook welcome bonus:

• Click the “Claim Caesars promo” button on this page. It will open the Caesars Sportsbook site in a new tab, and a message will confirm that you have qualified for the welcome bonus by redeeming the promo code LSR1000.
• Select your state from the dropdown menu and click “Bet now.” It will open the registration form, and you will see the promo code LSR1000 in the display. If you did not follow the link from this page, you can type in LSR1000.
• Provide your email address and click “Next.” Fill in your personal details, accept the terms, submit the form, and verify your account.
• Visit the online cashier and make a deposit of at least $10.
• Select a sport from the main menu, choose a game, and click on one of the betting options. Your pick will appear on your slip. Type in your bet amount and click to confirm.
• If the bet wins, you will receive the payout for your winning wager as normal. If it loses, you will receive the money back as a bonus bet within two days.
• If your first bet loses, you can then use the bonus bet to pay for another wager at Caesars. If your pick is correct, your winnings will go into your withdrawable account balance.

What’s required to open an account at Caesars online sportsbook?

You will simply need to provide your email address, full name, date of birth, home address, phone number, and last four digits of your Social Security number when signing up for an account at Caesars. When you complete the form, it will try to validate your identity automatically using the details you provided.

Most customers will receive approval right there. If that happens, you can make a deposit and start betting straight away. If the automated system cannot validate you, it will ask you to upload scanned copies of a government issued photo ID card and a recent utility bill. A member of customer support will then review your documents to approve your account manually if everything is in order.

You will also need to prove that you are located in a state where online sports betting is legal. Just turn on your phone’s location services if you are using the Caesars Sportsbook app on an iOS or Android device. If you are using a computer, you will need to download GeoComply software, which will verify your location when you are on the site.

Is Caesars trusted and legitimate?

Yes. Caesars Sportsbook is the online sports betting arm of Caesars Entertainment, a Nevada-based company that owns the Caesars Palace, Harrah’s, Horseshoe, and Tropicana casino brands. Caesars Entertainment is an S&P 500 component that files quarterly financial reports.

It only offers online sports betting in states where doing so is legal and where it has gained regulatory approval. That means it must adhere to the regulations of local licensing authorities, such as the North Carolina Lottery Commission or the Ohio Casino Control Commission.

Caesars Sportsbook iOS and Android app review

The Caesars Sportsbook app has an average user rating of 4.6 stars on the App Store and 4.2 stars on Google Play. We downloaded it from both stores to see if those high average user ratings were justified.

The app is fast, elegantly designed, and user-friendly. It does not offer as many features or betting options as some rival apps, but the clean, accessible layout makes it easy to navigate. The app also proved to be reliable during our testing, not suffering from any notable glitches.

User interface

The Caesars Sportsbook interface is neat and uncluttered. You can search for specific sporting events from the homepage, or you can use the straightforward navigation system. We found it easy to find specific sports, leagues and games when testing it out, and the betting slip is simple, as well.

The betting pages also follow an intuitive layout. They display the most popular betting options, and you can use a toolbar menu to scroll across to slightly more niche props, alternate spreads, same-game parlay combos, winning margin bets, and so on. Odds boosts, quick picks, and parlay options always appear prominently.

Features

Caesars Sportsbook offers a selection of features in an attempt to differentiate itself from rival sports betting apps:

• Hundreds of odds boosts each week, covering a wide variety of sports.
• Live streaming of select games via the “Watch & Bet” feature.
• Quick pick same-game parlay suggestions.
• Lots of distinct futures bets.
• 24/7 support via phone, live chat, or email.
• “How to bet” guides covering football, basketball, baseball, soccer, horse racing, auto racing, boxing/MMA, and hockey.

Deposit methods

The minimum deposit at Caesars Sportsbook is $10. It does not have an official upper limit, and the book welcomes high rollers. If you plan to make a very large initial deposit, it might be worth contacting customer support to run through the best options. Wire transfers are available for deposits of $10,000 or more.

The main deposit methods include Visa, Mastercard, Discover, PayPal, a branded Play+ card, VIP Preferred (ACH), and online banking. Skrill is available in New Jersey only. Venmo and Apple Pay are available in some states. Bettors in Iowa and Massachusetts cannot use credit cards. If you visit the deposit page, you will see a list of available options in your state.

Online deposits arrive in your account instantly, and Caesars does not charge any deposit fees. You can also make a cash payment via PayNearMe at a local participating store or at any retail sportsbook owned by Caesars.

Withdrawal options and payout speed

Caesars Sportsbook processed most withdrawal requests within an hour during our testing. The funds will then arrive immediately if you used Play+. PayPal and Venmo withdrawals are also available within minutes.

Debit card withdrawals are rapid, too, provided your bank supports services such as Visa Direct and Mastercard Send. Other methods can take longer, such as a bank transfer or an ACH/e-check. You can also receive a cash payment at a retail sportsbook.

The minimum withdrawal is just $1 at Caesars Sportsbook while many rivals impose a minimum withdrawal of $10 or $20.

Customer support at Caesars Sportsbook

Caesars Sportsbook offers excellent customer support. You can speak to a representative 24/7 via online live chat or over the phone. Many online sportsbooks do not offer phone support, so this is a clear advantage for Caesars Sportsbook customers. It also offers email support and a detailed online help center.

The agents were quick to help in our testing. They provided quick, clear, and accurate responses in a professional manner.

Responsible gambling support at Caesars Sportsbook

There is a detailed responsible gambling page at Caesars Sportsbook. It explains how to set deposit limits, spending limits, and time limits on your account. You can impose daily, weekly, and monthly limits. It also allows you to take a cooling off period or self-exclude.

The page defines problem gambling and provides a clear list of warning signs. It also offers a range of tips to help you gamble responsibly. You will also find links to the local problem gambling organizations in your state, along with details of the National Council on Problem Gambling. For more information, check out our responsible gambling guide.

Caesars Sportsbook review and promo code FAQs