UP TO $1,000 ON CAESARS
The newest Caesars Sportsbook promo code is LSR1000. Use the Caesars promo code and your first bet will be covered for up to $1,000. In addition to the $1,000 sign-up bonus, Caesars has great odds and tons of betting markets already available for NFL Week 5 and this week’s college football slate. You’ll also find props and bonuses available in other sports.
With the NFL and college football seasons all going strong, and the MLB Playoffs underway, now is a great time to sign up with Caesars Sportsbook. On top of all the NFL, MLB and college football action, Caesars has a myriad of betting markets for the WNBA Finals, soccer and more.
Use the Caesars Sportsbook Promo Code LSR1000 to unlock the all-new sign-up bonus, which is a first bet on Caesars for up to $1,000. Additionally, Caesars has a number of great promotions and odds boosts going on all week long.
Caesars Sportsbook promo code for max sign-up bonus
The newest Caesars Sportsbook promo code is LSR1000, enter it when signing up to get your first bet on Caesars for up to $1,000. Next, you’ll need to deposit at least $10 into your account. Then, bet $10 or more on any event you like. If that bet loses, Caesars refunds 100% of your losses with a bonus bet up to the $1,000 maximum. Just remember to enter the Caesars Sportsbook promo code LSR1000 when signing up to qualify for the $1,000 first bet on Caesars.
| Caesars Sportsbook Promo Code | LSR1000 |
|---|---|
| Welcome Bonus See terms & conditions | First bet on Caesars for up to $1,000 |
| Minimum wager | $10 |
| Minimum deposit | $10 |
| Bet exclusions | Profit boosts, bonus bets, round robins, super boosts, any wagers that settle more than 30 days after account opening |
| Available for | New users |
| Welcome Bonus Expires | October 28, 2024 |
| Promo Code Last Confirmed On | October 12, 2024 |
Caesars Sportsbook promo code terms and conditions
To claim the $1,000 first bet bonus, enter the Caesars promo code LSR1000 when signing up for an account. However, don’t forget to make sure you meet the terms and conditions below to ensure you receive the promo:
- Bonus is available to new users only (i.e., no existing Caesars account).
- Qualifying wager must be a real money wager that resolves within 30 days of account opening.
- Qualifying wager must be for $10 or more, and the maximum bonus amount is $1,000.
- Qualifying wager cannot be a bet boost, round robin, profit boost, or any other type of special/bonus wager.
- Bonus bet refund is awarded only in the event that the qualifying wager loses. Winning qualifying wagers return their normal winnings as withdrawable funds.
- Bonus refund is issued as one (1) bonus bet, which cannot be divided into multiple smaller wagers.
- Bonus bet will be awarded within two days of qualifying bet settling as a loss.
- Bonus bet cannot be withdrawn at any point and expires if unused after 14 days.
Caesars Sportsbook promotions for existing users
In addition to the Caesars Sportsbook promo code sign-up bonus, you’ll find tons of rewarding promos and specials on a daily basis. Here are the best Caesars promotions available on October 12, 2024.
- NFL Longshot Parlay Contest | Place and win an NFL parlay for $5+ with odds of +1,000 or longer and have a chance at winning $10,000 in bonus bets. If your winning parlay has the longest odds, you win the grand prize.
- NFL Bet Match | Place a same-game parlay on the Jaguars-Bears game this Sunday and get a 25% bet match up to $25. Your SGP must have minimum odds of +400 to qualify for the bet match. To receive the maximum $25 bonus bet, you must bet $100 or more.
- Longshot Parlay Boost | Boost any parlay with odds of +1,000 or longer by 50% using a one-time longshot parlay profit boost token.
- College Football 25% Profit Boost | Boost your college football parlay this week by 25%. To use the 25% profit boost token your college football parlay needs to have final odds of +400 or longer.
- 25% Profit Boost | All Caesars Sportsbook users can claim a 25% profit boost token to use on any event.
- 50% MLB SGP Profit Boost | Claim a 40% MLB profit boost token. To use the token, your MLB same-game parlay must have minimum odds of +400 before the boost.
- Caesars 3x Rewards Credits | Opt in and earn three times your Rewards Credits once your bet settles.
Sign up for a new account
Click a link on this page to head to the Caesars homepage, click “Get Started,” and complete the account registration steps. Don’t forget to use the Caesars Sportsbook promo code LSR1000, or you won’t receive the bonus.
Deposit funds
Use one of the supported banking options at Caesars (credit card, online banking, Venmo) to deposit $10 or more into your new account. You won’t unlock the bonus if you don’t meet the minimum deposit requirement.
Make a qualifying wager
Browse the Caesars betting markets and place any real money wager for $10 or more. Remember that a bet boost, round robin, super boost, or profit boost won’t count. Your first bet is automatically on Caesars, so make this one count.
Receive your bonus bets
If your qualifying wager loses, Caesars will award you a bonus bet of equal value as a refund. This bonus bet will appear in your account within 48 hours and must be placed within 14 days of receipt. Remember that it isn’t available for withdrawal and must be wagered all at once, with no option to split it into smaller wagers.
A closer look at the Caesars Sportsbook promo code welcome bonus
First bet on Caesars up to $1,000
The current Caesars promo code essentially gets you insurance on the first bet you place as a Caesars customer. All you have to do is sign up using the Caesars code LSR1000, deposit $10, and make your first wager. If it loses, you’ll receive a refund in the form of a bonus bet, up to a maximum of $1,000.
The first thing to note about this bonus is that your bonus amount depends on your bet amount. That means that although the maximum bonus bet you can receive is $1,000, you would have to put down a real money wager worth $1,000 to receive that bonus. On the other hand, if your first bet at Caesars were for $20, you would receive only a $20 bonus bet token if it lost. Since you only receive a bonus bet on your very first wager, it’s important to make sure you make that bet count.
The second thing to note is that if your first bet wins, you won’t receive a bonus, but you will receive your cash winnings. In fact, winning your first bet is the best-case scenario. If your first bet wins, you’ll receive a full payout (i.e., your stake plus profit) from the bet as cold, hard, withdrawable cash. If your first bet loses, you will receive a bonus bet, but you won’t be able to withdraw it. You’ll need to wager it, and you won’t get your stake back if it wins.
Finally, remember that if you receive a bonus bet, you have to wager it within 14 days, and you need to bet it all in one go. If you aren’t a high-stakes bettor, there’s no need to shoot for the full $1,000 bonus bet. Instead, use the Caesars bonus to suit your playstyle and get peace of mind on a bet you would make under normal circumstances.
This fantastic bonus offer takes a good portion of the risk out of your first bet, even though winning is still the best outcome. Use the Caesars promo code LSR1000 today, and your first bet is on Caesars up to $1,000.
New user strategy tip: Don’t waste your first bet on a Hail Mary. It’s much better to walk away with cash than a bonus bet refund, but many amateur players see first bet insurance as an excuse to chase +10000 odds in the hopes of striking it rich. The best approach to the Caesars bonus is to de-risk a loss while still aiming for a win.
One way to do this is to put a larger stake down on a wager you already feel good about. For example, you could take a bet that you’d normally wager $20 on and raise your stake to $100. If it wins, great — you get a bigger payday than usual. And if it loses, you don’t walk away empty-handed since you’ll receive a $100 bonus bet as a refund.
Compare bonus offers from top sportsbooks
The Caesars welcome bonus for up to $1,000 is a very popular offer, but it’s not the only promo available at a major sportsbook this summer. Below, you can find a side-by-side comparison of a few of the bonuses we like best right now.
| Online Sportsbook | Caesars | FanDuel | DraftKings | BetMGM | Bet365 |
|---|---|---|---|---|---|
| Welcome Bonus | First bet insurance up to $1,000 | Bet $5, get $300 | Three parts up to $1,250 | First bet insurance up to $1,500 | Bet $5, get $1,000 in bonus bets -OR- first bet safety net up to $200 |
| Promo Code | LSR1000 | Click to claim promo | Click to claim promo | PLAYLSR | LSRNJ |
| Minimum Deposit | $10 | $10 | $5 | $10 | $10 |
| Bonus Type | Single bonus bet | Bonus bets | Bonus bets (awarded as six $25 bonus bets and one $50 bonus bet) | One bonus bet (if under $50) or five bonus bets (if over $50) | Bonus bets |
| Wagering Period | Qualifying wager must settle within 30 days. | Qualifying wager must be placed before 11:59 p.m. ET on 12/03/24. | Qualifying wager must be placed before 11:59 p.m. ET on 10/28/24. | Qualifying wager must be placed before 11:59 p.m. ET on 12/31/2024. | Qualifying wager must be placed within 30 days of account opening |
| Bonus Bet Expiration | 14 days | Seven days | Seven days | Seven days | Seven days |
| LSR Rating | 4.5/5 | 4.4/5 | 4.8/5 | 4.7/5 | 4.6/5 |
Eligibility and requirements for promotional offers
The Caesars welcome bonus is available for all new customers (21 years or older, or 22 in select states) who are physically present in a state where Caesars is legal. Caesars is currently a licensed online sportsbook in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana (select parishes), Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming, along with Washington, DC, and the Canadian province of Ontario.
The Caesars bonus is currently not available in Alabama, Alaska, Arkansas, California, Connecticut, Delaware, Georgia, Hawaii, Idaho, Minnesota, Missouri, New Hampshire, Oklahoma, Oregon, Rhode Island, South Carolina, Texas, Utah, or Vermont. Bonus offers vary by state; additional restrictions may apply in select cases.
How bonus bets work
When you receive a bonus bet from Caesars, it will appear in the “My Account” menu, and any requirements attached to it can be viewed by checking the “Bonus Activity” section. Here are the important things to know about using a bonus bet at Caesars.
- Caesars bonus bets typically expire after 14 days if they have not been used. Once they expire, there is no way to recover them.
- When you want to use a bonus bet, you can do so directly from your betslip. In some cases, you can supplement your bonus bet with real money, though this option is not always available.
- Bonus bets cannot be split up and spread across different wagers. They cannot be combined with other bonus bets or promo offers (e.g., odds boosts, profit boosts, etc.).
- Bonus bets are not eligible for withdrawal, and they must be wagered. On top of that, winning wagers placed using bonus bets do not return the stake as withdrawable funds, only the winnings (e.g., a $10 bonus bet placed on -110 odds only pays out $9, as opposed to the usual $19)
Caesars Sportsbook restrictions on promos
When claiming a sportsbook promo, you must understand what limits there are. See the table below for a quick look at the restrictions that currently exist on the Caesars $1,000 first bet bonus.
| Caesars Welcome Bonus | Promo Code | Available in All Caesars States? | Playthrough Requirement | Minimum Deposit | Minimum Wager | Minimum Odds | Expiration Period |
| $1,000 First Bet Bonus | LSR1000 | Yes | 1x | $10 | $10 | None | 14 days |
Caesars Casino promo
The current Caesars Casino promo is a $10 sign-up bonus, along with a 100% deposit match for up to $2,500 in casino credit. You’ll also receive 2,500 credits for the Caesars Rewards program when you wager $25 or more. Daily promotions include a 40% match on your first deposit of the day up to $50. The terms of the $2,500 welcome bonus are below.
- New players only.
- Caesars Casino and bonus are only available in MI, NJ, PA, and WV.
- Rollover requirement is 15x for online slots, 30x for video poker, and 75x for other qualifying games.
- Roulette, baccarat, and sic bo do not count toward the rollover requirement.
- Casino credits expire after seven days.
Caesars Racebook promo
For players looking to bet on horse racing, sign up with Caesars Racebook and get 100% of your first deposit matched in bonus credit up to $150. You can wager on races taking place at Del Mar, Saratoga, Gulfstream, Monmouth Park, Finger Lakes, Horseshoe Indianapolis, Eldorado Scioto Downs, Harrah’s Hoosier Park, Harrah’s Philadelphia, Yonkers Raceway, and plenty of international races in Europe, Asia, and Australia.
Keep the following conditions in mind when signing up for the $150 bonus at Caesars Racebook.
- New users only.
- Bonus funds must be used within 30 days.
- Caesars Racebook and bonus are exclusively available in CA, CO, CT, FL, IL, IN, KY, LA, MD, MA, MN, MT, NY, ND, OH, OR, PN, VA, WA, WV, and WY.
Important to note: The Caesars Racebook and Casino bonuses are limited to one per customer, so take full advantage of your first deposit, as your next one won’t be eligible for a matching bonus.
Caesars Sportsbook strengths and weaknesses
Caesars Sportsbook consistently places near or at the top of our sportsbook rankings. With decades of experience in the gambling industry, Caesars has secured its place on the Mount Rushmore of sportsbook operators. Nonetheless, breaking down why Caesars earns such high scores is important. Let’s take a look at the strengths and weaknesses.
Strengths
✅ Epic rewards program: Caesars offers one of the very best rewards programs in the business, with its only possible rival being BetMGM. With every bet you place, you’ll earn credits as part of the Caesars Rewards program, and you can quickly build up toward some serious perks, including hotel comps and other exciting rewards from the Caesars Entertainment empire of hotels, casinos, venues, and restaurants.
✅ Flawless customer support: One big benefit of betting with Caesars is that you can count on professional, attentive customer support. Whether you reach out via their 24/7 live chat, by phone (855-474-0606), by email, or on X/Twitter @CaesarsHelp, you can count on fast, helpful responses that will resolve your issue in no time at all.
✅ Great market coverage: Caesars doesn’t skimp when it comes to betting markets, with an enormous range of sports and leagues available, including plenty of overseas markets that can be difficult to find. On top of that, you can always find a robust list of props, parlay options, and a tailor-made SGP builder for all the biggest matchups in football, basketball, hockey, baseball, soccer, tennis, and more.
Weaknesses
❌ Just OK odds pricing: Caesars odds are competitive with other sportsbooks, but it’s not uncommon for its pricing to lag ever so slightly behind other sportsbooks. However, this isn’t by a big margin. For the most part, Caesars makes up for its odds pricing by offering frequent odds boosts and a very high-quality betting platform.
❌ Few recurring promos: Caesars is known for attracting customers with a four-figure welcome bonus. However, when it comes to keeping loyal customers happy, it has always prioritized a lucrative rewards program over new bonuses for returning players. We’d like to see more profit boosts, parlay boosts, bonus bets, sweepstakes contests, and special promos added. Though there are a solid number of odds boosts offered, as of now, you can usually count the promos for returning players on one hand.
Caesars Sportsbook legal states
Caesars Sportsbook is currently licensed to operate in 22 states (Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming) plus Washington, DC, where it opened most recently in July 2024. In these states, Caesars is licensed to operate by the local gambling authorities, and in many cases, Caesars has partnered with a local sports team, casino, or other institution. See the table below for more details on how Caesars operates in each state.
| State | Welcome Bonus | Partner | Launch Date |
|---|---|---|---|
| Arizona | First bet on Caesars for up to $1,000 | Chase Field | September 2021 |
| Colorado | First bet on Caesars for up to $1,000 | Horse Shoe Blackhawk Lady Luck Casino Blackhawk | May 2020 |
| Illinois | First bet on Caesars for up to $1,000 | Harrah’s Joliet Harrah’s Metropolis Horseshoe Hammond Grand Victoria Casino Elgin | August 2020 |
| Indiana | First bet on Caesars for up to $1,000 | Horseshoe Hammond Indianapolis Motor Speedway | October 2020 |
| Iowa | First bet on Caesars for up to $1,000 | Horseshoe Council Bluffs Harrah’s Council Bluffs | February 2020 |
| Kansas | First bet on Caesars for up to $1,000 | Kansas Crossing Casino (Pittsburg) | September 2022 |
| Kentucky | First bet on Caesars for up to $1,000 | Keeneland Red Mile Gaming | September 2023 |
| Louisiana | First bet on Caesars for up to $1,000 | Caesars New Orleans Horseshoe Lake Charles Horseshoe Bossier City | January 2022 |
| Maryland | First bet on Caesars for up to $1,000 | Horseshoe Baltimore | November 2022 |
| Massachusetts | First bet on Caesars for up to $1,000 | Raynham Park | March 10, 2023 |
| Michigan | First bet on Caesars for up to $1,000 | Sault Ste. Marie Tribe of Chippewa Indians | January 2021 |
| New Jersey | First bet on Caesars for up to $1,000 | Resorts Casino | August 2018 |
| New York | First bet on Caesars for up to $1,000 | SL Green Realty Corp Roc Nation | January 2022 |
| North Carolina | First bet on Caesars for up to $1,000 | Harrah’s Cherokee Harrah’s Cherokee Valley River | March 11, 2024 |
| Ohio | First bet on Caesars for up to $1,000 | Eldorado Scioto Downs | January 2023 |
| Pennsylvania | First bet on Caesars for up to $1,000 | Harrah’s Philadelphia | November 2019 |
| Tennessee | First bet on Caesars for up to $1,000 | Memphis Grizzlies | November 2020 |
| Virginia | First bet on Caesars for up to $1,000 | Caesars Virginia (Danville) | January 2021 |
| Washington DC | First bet on Caesars for up to $1,000 | DC United | August 2024 |
| West Virginia | First bet on Caesars for up to $1,000 | White Hat Studios | September 2018 |
| Wyoming | First bet on Caesars for up to $1,000 | Online Only | September 2021 |
Caesars in the news
Caesars Sportsbook promo code FAQs
How does the Caesars Sportsbook promo code work?
When you sign up with Caesars, you can get your first bet covered for up to $1,000. Register with the Caesars promo code LSR1000, deposit $10, then make your first bet. If it loses, you get a bonus bet refund from Caesars equal in value to your original wager. You have 14 days to use that bonus bet to place any new wager on the Caesars platform.
What states is the Caesars Sportsbook welcome bonus available in?
You can claim the $1,000 Caesars Sportsbook promo code offer in Arizona, Colorado, Illinois, Indiana, Iowa, Kansas, Kentucky, Louisiana, Maine, Maryland, Massachusetts, Michigan, Nevada, New Jersey, New York, North Carolina, Ohio, Pennsylvania, Tennessee, Virginia, Washington DC, West Virginia, and Wyoming. More states may be added as regulations continue to evolve, but no states are slated to launch in the immediate future.
What is the best Caesars Sportsbook promo code?
Use the Caesars Sportsbook promo code LSR1000 to claim your first bet on Caesars for up to $1,000.
How do I opt into Caesars Sportsbook promos?
We’ve found the process of opting into Caesars promos both fast and straightforward. Just click the “Promotions” tab on the Caesars site or app, browse the options, choose which bonus you want to activate, and click the big green “Opt In” button.
Does Caesars Sportsbook offer a no-deposit welcome bonus?
No. To unlock the current Caesars Sportsbook welcome bonus, you must deposit a minimum of $10 into your account. This is unlike some sportsbooks, where you can claim a bonus bet or other bonus without having deposited money into your account.
Can I claim more than one Caesars sign-up bonus?
No, you cannot combine Caesars bonuses with other promotions. Make sure you know which bonus you want to claim before you make a Caesars account, or you’ll risk locking yourself out of your preferred bonus.
Where do I enter a promo code on the Caesars Sportsbook app?
At the first step of the registration process, you’ll enter the Caesars promo code LSR1000 immediately. You’ll be prompted to enter your email address and a promo code. Sometimes, Caesars may autofill a different promo code into that box, but make sure you replace that code with LSR1000 to claim the full bonus.