Caesars Sportsbook Review

States Where Caesars Sportsbook is Legal

• Arizona
• Colorado
• Illinois
• Indiana
• Iowa
• Michigan
• New Jersey
• Tennessee
• Virginia
• West Virginia
• Louisiana

Is Caesars Sportsbook Legit?

Caesars is one of the biggest names when it comes to gambling. Caesars was predominantly a casino site before and was among the main operators to launch an online sportsbook directly following U.S. sports wagering legalization. William Hill PLC was officially acquired by Caesars on April 22, 2021.

Caesars Palace is one of the most iconic hotels in Las Vegas and was founded in 1966. They offer the largest physical sportsbook in Las Vegas. Using technology from Miomni Caesars Entertainment launched its first online sportsbook in Nevada in 2017. When PASPA was overturned in 2018 using a revamped platform It expanded into New Jersey and Pennsylvania. Even though Caesars Palace showed promising growth it struggled to compete with market leaders like FanDuel, DraftKings, and William Hill. Caesars was then purchased by Eldorado Resorts for $17.3 billion in 2020 producing the leading casino and entertainment company in the United State, therefore adopting the Caesars name.

William Hill and Eldorado had already teamed up for a market access deal. At that point William Hill became the number one sportsbook operator in Nevada, and it had launched in more states than any other online sports betting site. Caesars acquired William Hill for $4 billion in 2021 along with this they rebranded WIlliam Hill Sportsbook to Caesars Sportsbook that we know today. They also added new aspects to the app and upgraded the bonuses in a bid to turn Caesars Sportsbook into the most popular online sportsbook in the country. In spite of this, Nevada, Washington D.C., and Illinois has different bonuses, promos and products still branded with William Hill.

Alongside from the prominent “Caesars” brand, Caesars Entertainment also manages popular Las Vegas brands such as Harrah’s, Tropicana, Flamingo, Bally’s, Paris, Planet Hollywood, Rio, Circus Circus (Reno), Lady Luck, and more.

Caesars Sportsbook made history in September 2021 when the NHL’s Washington Capitals became the first major American sports team to feature a gambling logo on their in-game jerseys.

How to Sign Up & Fund Your Account

The signup process is a little different in every state, but you can visit their site or download their iOS or Android app for more detailed instructions.

Funding Options

Caesars Sportsbook offers a variety of deposit methods. These are: Credit or Debit Card: Visa/MasterCard, ACH eCheck, PayNearMe at 7-Eleven stores, Online Banking, PayPal,Skrill, Cash at the Casino and Play+ Prepaid Card.

Withdrawals

Payouts can be deposited directly to your bank account using an ACH transfer or by linking your online bank account directly if your bank is supported.

Caesars Sportsbook Top Bonus Offers

Sign-up Bonus

As a new bettor, you can place a first-time wager of up to $1,100 within 30 days of signing up and get it back in the form of a free bet if you lose. The free bet will show up in your account within two business days, and you will have 14 days to use it. Furthermore, you can only use the free bet on a single wager, meaning you can’t spread it across multiple bets.

Referral Bonus

Caesars wants to acquire new bettors by any means possible and is willing to give free bets to existing bettors who refer their friends.

As with all bonuses, take the time to read the full terms and conditions so that you understand what it can and can’t be used for.

The Caesars Sportsbook referral program: From the “Promotions” tab, click “More Info” under the “Spread The Word” promotion.

Click the sign-up link. Provide your state and phone number, and Caesars will generate your unique referral link.
Text or copy the link, and send it to your friends.

If the referred friend uses the link to open a Caesars Sportsbook account and makes a deposit of $50 or more, the referrer will receive a $100 free bet. Bettors must use the free bet within 30 days of receipt. Bettors can claim up to 10 referral bonuses, for a potential upside of $1,000 in free bets.

Loyalty Program

Caesars Sportsbook Combines into Caesars’ national loyalty program that rewards users for their play online and at more than 50 destinations. In conclusion, the more customers bet, the more they earn through Caesars Rewards.

The Caesars Sportsbook loyalty program revolves around Tier Credits (TCs) and Reward Credits (RCs). Customers earn TCs and RCs simultaneously when they bet on sports or play, dine, shop, and stay at Caesars destinations.

• Tier Credits: TCs determine customers’ level in the six-tiered VIP program
• Reward Credits: Customers can redeem RCs for free bets, sports tickets, casino comps, vacations, and more

There are many ways to earn TCs and RCs, but at Caesars Sportsbook, customers earn them at the following rates:

• Betting on sports: 1 Tier Credit and 1 Reward Credit for every $5 in potential profit on sports bets (up to 10 times the original amount staked)
• Playing online casino games: 1 Tier Credit and 1 Reward credit for every $25 wagered on table games, and 1 TC and 1 RC per $5 of slot coin-in.

For instance, a customer who places a $100 bet for a chance to win $110 ($10 profit) earns two Tier Credits and two Reward Credits.
As bettors earn Reward Credits, they also earn Tier Credits at the same rate to move up through six levels in the VIP program that unlock additional perks, including opportunities to interact with some of the biggest names in professional sports.
Each level unlocks many perks. Every level up includes all the benefits of the previous level plus additional rewards.

Gold: 0+ Tier Credits

• $5 free bet each birthday month
• Redeem RCs for free play
• Discounted hotel stays
• Each RCs for dining at participating restaurants
• Special members’ pricing at participating restaurants
• One free night in Vegas or Atlantic City for every 5,000 TCs earned this year (up to seven nights)
• Exclusive pre-sale access to select shows
• Discounts at Atlantic, Paradise Island in the Bahamas

Platinum: 5.000+ Tier Credits

• $10 free bet every month
• Additional $10 free bet every birthday month
• 15% off at casino gift shops
• Complimentary valet and self-parking at many destinations
• Complimentary stay at Atlantic, Paradise Island in the Bahamas
• 10% off on select Norwegian Cruise Line vacations
• Diamond: 15,000+ Tier Credits
• $20 free bet every month
• Additional $20 free bet every birthday month
• 15% off on rooms and suites
• No resort fees at participating hotels
• Two free nights at Caesars Palace Dubai
• $100 celebration dinner
• 20% discount at casino gift shops
• 20% discount on select Norwegian Cruise Line vacations
• Guaranteed room with 72-hour notice in Vegas and Atlantic City

Diamond Plus: 25.000+ Tier Credits
$30 free bet every month
Additional $30 free bet every birthday month
Complimentary access to the VIP Laurel Lounge
Diamond Elite: 75,000+ Tier Credits
$75 free bet every month
Additional $75 free bet every birthday month
Earn Great Gift Wrap-Up points all Caesars Rewards properties
$600 airfare credit to Las Vegas
Seven Stars: 150.000 Tier Credits
$150 free bet every month
Additional $150 free bet every birthday month
Upgrade to the best available room at check-in
Complimentary early check-in and late check-out
$500 celebration dinner
25% discount at casino gift shops
Visit any Caesars Rewards destination with up to $1,200 airfare, round-trip ground transportation between the airport and hotel, and $500 dining credit
Invitation to signature events
30% off on select Norwegian Cruise Line vacations
One complimentary Norwegian Cruise Line vacation
15% off on Caesars Rewards eCatalog merchandise

Caesars Bonuses & Promo Codes

In addition to your sign up bonus, BetMGM wants to keep you betting with a plethora of daily promotions across just about every active league. These range from special odds on big events, to boosted player props, to long-shot props with the potential for a big payout.  Leagues with promos available are clearly marked on the app and site so you can login every day and see if there is something worth taking advantage of.

Betting at Caesars

You won’t be starved for action with the options available on the BetMGM app. While you might miss out on some niche sports, 99% of bettors will find whatever they are looking for – and probably some options on sports that you didn’t even know were available.

BetMGM also features live betting lines on thousands of events!

Active Markets:

• Aussie Rules Football
• Baseball
• Basketball
• Boxing
• Cycling
• Football
• Formula 1
• Golf
• Hockey
• Lacrosse
• MMA
• NASCAR
• Rugby
• Soccer
• Tennis

Bet Types Offered

• Spreads
• Moneylines
• Totals
• Props
• Live/In-play betting
• Futures
• Parlays
• Teasers
• Asian Handicap
• Derivatives
• Alternative Spreads
• Alternative Totals

Recommendation: Why You Need and Account at Caesars Sportsbook

If you value the safety and security of partnering with a well-established sportsbook, BetMGM is as good as it gets. They match or exceed expectations in terms of bonuses and ongoing promotions, plus offer some odds you aren’t likely to see anywhere else.

The biggest downside here is that you won’t always be maximizing your bets on sports like baseball, where the lack of a dime line really hurts. There are similar issues across other sports, which basically means you are paying bit of a premium to bet here. That isn’t the end of the world, but if you are trying to squeeze out as much value as possible, you will probably want to have an account at another book as well.

Caesars Sportsbook FAQ