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Caesars Sportsbook Promo Code January 2023: Up to $1,250 on Caesars

Arguably the industry’s most prominent and historic gaming operator, Caesars Sportsbook is offering new users a sign-up bonus with all the trimmings. Those who register and use the current Caesars Sportsbook promo code – SBRFULL – can redeem up to a $1,250 bet credit, 1,000 Caesars Rewards® Tier Credits, and 1,000 Caesars Rewards Reward Credits. 

Caesars is live in Ohio! Get up to $1,500 on Caesars

OH only. 21+. New users and first wager only. Register with SBROHIO1BET promo code. Bet amount of qualifying wager returned only if wager is settled as a loss. Maximum bet credit $1,500; must be used within 14 days of receipt. 

Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER

Note: The promo code information is for U.S. residents only

Caesars US Promo Offers

Up to $1,250 On Caesars + 1000 Tier Credits + 1000 Reward Credits®

If your first qualifying wager loses, Caesars will credit you a bet credit equal to the value of your first wager up to $1,250, plus get 1,000 Tier Credits and 1,000 Reward Credits® win or lose. Your bet credit is for one-time use within 14 days and cannot be divided across multiple wagers.

Terms and conditions apply.

Claim

Caesars Overview

Pros
  • Largest retail sportsbook in America.
  • Elite rewards program.
  • Live streaming of NFL games.
Cons
  • Live betting data can be slow to load.
  • Smaller secondary market.
  • Odds boosts have low maximum bet limits.

Top Caesars Sportsbook Offers – Verified

Caesars’ new-user offer is impressively layered. Not only are you awarded the safety net of a shot at redemption should your initial wager lose – the sportsbook will refund your stake up to $1,250 as a single bet credit– but you’re also given 1,000 Caesars Rewards® Tier Credits and 1,000 Caesars Rewards Reward Credits. These credits can be accumulated through the operator’s rewards program and can be used for dining, shopping, hotel stays, and more.

Caesars Sportsbook Promo Code Quick Facts

🚨 Caesars promo codeSBRFULL
😊 Caesars welcome bonus✅ Up to $1,250 on Caesars
➡️ Caesars promo type✅ Bet Credit
💰 Minimum deposit$10 USD
💵 Minimum wager$0.01 USD
🇺🇸 Legal states18 (+DC)
🏦 Wagering requirements1x
🏟️ Eligible bet types✅ All bet types
📱 Caesars mobile appiOS & Android
👓 Last verifiedDecember 2022
⏰ Offer expiryEvergreen

While other sportsbook welcome offers pledge to return a lost initial wager, the Caesars Sportsbook promo code bonus stands as the most lucrative of them all. Nowhere else can you bet a maximum of $1,250 with a sure-fire second chance should it go south, increasing your potential for a significant early payday. For example, if you made your first wager at the full $1,250 amount, lost, and received the money back as a bet credit, you could place that bet credit on a market with +300 odds and possibly win $3,750.

Beyond its pure profitability, the Caesars promo code bonus contains no odds requirements, meaning you’re not limited to a restricted number of markets to qualify for the promo. This opens up Caesars’ entire betting menu for exploration – here are a few popular bet types you should know about:

  • Spread: If you bet the spread, you’re wagering on the margin of victory or defeat for a given team. Putting money on the favorite means you need them to win by more than the number stated while betting on the underdog means the opposite.
  • Moneyline: The easiest bet type to understand, a moneyline is a wager on which team will win a game.
  • Over/Under (Total): The Over/Under – also referred to as the total – is a wager made on the combined amount of points two teams will score in a game. Bet the Over, and you’re anticipating the teams to surpass the points total; bet the Under, and you’re expecting them to fall short.
  • Props: Unlike most other bet types, prop bets aren’t linked to the outcome of a game. Rather, they’re tied to an individual player’s performance or a specific element of a game.
  • Parlays: Massively popular, parlays are bets that blend two or more selections – called legs – into one larger wager. Parlays are high-risk plays since winning one requires all legs to be successful.

Caesars Sportsbook Ohio Get up to $1,500 on Caesars

Caesars is live in Ohio! Get up to $1,500 on Caesars

OH only. 21+. New users and first wager only. Register with SBROHIO1BET promo code. Bet amount of qualifying wager returned only if wager is settled as a loss. Maximum bet credit $1,500; must be used within 14 days of receipt. 

Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER

Caesars Sportsbook Multi Sport Parlay Insurance Promotion

You can opt into Caesars’ Multi Sport Parlay promo and place a parlay wager – same-game parlays do not qualify – on any NBA, NHL, NFL, or NCAAF games taking place between Nov. 7, 2022, and Nov. 13, 2022. Your wager must have four or more legs, each with final odds of -200 or greater. Should you lose exactly one leg of your parlay, you’ll get your stake returned as a bet credit, up to $25. The bet credit will be credited to your account within two days of the promotion ending and must be used within seven days.

Caesars Sportsbook NBA Parlay Boost Promotion

Another promo you must opt into, those who do so with Caesars’ NBA Parlay Boost offer can snag a single 33% parlay boost token to be used on a parlay with a minimum of four legs and odds of +400 or longer. Your wager must be placed on any NBA game(s) taking place between Nov. 7, 2022, and Nov. 13, 2022. The maximum amount you can wager with the token is $50, and the maximum amount you can win is $1,000.

Caesars Sportsbook Spread the Word Promotion

Caesars’ version of a refer-a-friend promo, you can share a unique referral link with someone interested in joining the sportsbook. Once they use it to register and make a real money deposit of at least $50, you’ll receive a $100 bet credit within seven days. A maximum limit of 10 referrals exists for each user.

How to Claim Caesars Sportsbook Promo Codes

Redeeming Caesars Sportsbook promo codes requires you to physically be in one of the many legalized online sports betting markets where the operator is accessible. A geo-targeted prompt will ask you right away to confirm your location. So long as you’re in an eligible state, you can sign up, make a first deposit, and qualify for up to a $1,250 bet credit.

Follow along with the step-by-step instructions here to claim your Caesars promo code offer without any hassle:

Register

Get started by clicking here to sign up with Caesars Sportsbook. So long as you’re in a state where the sportsbook operates and you’re of legal gambling age – 21 or older – you’ll be eligible to claim up to a $1,250 bet credit through the active Caesars Sportsbook promo code – SBRFULL. 

Traversing the registration process for the first time will necessitate providing the following information: Your full name, date of birth, phone number, address, social security number, and government-issued identification, such as a driver’s license. 

For the most seamless sign-up experience, you’ll want to download the Caesars Sportsbook mobile app. However, the app is not necessary to acquire the promo, so you can use the desktop if you prefer.

Deposit

With your new sportsbook account live, the next step is to deposit funds. You’ll need to put down at least $10 to qualify for the Caesars promo code bonus, but the operator will return up to $1,250 to you if your initial bet flops, so it behooves you to deposit more than the minimum. Whatever amount you choose, ensure it leaves you comfortable.

Wager

Now you’re ready to bet. Once you’ve taken ample time to examine Caesars’ robust betting menu, select any market you wish. No limits exist regarding which sports or leagues are viable options for the bonus, and you won’t be hindered by any odds restrictions, either.

Only the first wager – which must be placed within 30 days of registration – you make will qualify for the Caesars Sportsbook promo code bonus. If it wins, congratulations – you’ll simply receive your earnings, and the promo will be void. If it loses, however, Caesars will refund your stake, up to $1,250, as a bet credit.

Withdraw

Should your qualifying wager win, you can withdraw your money right away. But if it loses, the bet credit you receive will be credited to your account within 48 hours and will be non-withdrawable and non-transferable. As the bet credit is a form of site credit and not real cash, it must be used to bet again with the sportsbook. 

Keep in mind that the single bet credit you are awarded cannot be broken down into smaller wagers. You must use it all on one subsequent bet. You’ll have 14 days to do this after the bonus appears in your account, or else it will expire.

How to Deposit on Caesars Sportsbook

Along with other top-tier sportsbooks like FanDuel and DraftKings, Caesars provides a user experience that’s intuitive and clean. Navigating through deposit and withdrawal options, checking out active promotions, and digging into betting markets is rarely as smooth as it is here.  

Despite this, newbie bettors looking to make a deposit for the first time may feel an understandable sense of uncertainty. So, we’ve detailed the necessary steps to complete the process for you here: 

Go to your profile 

Regardless of whether you’re on the Caesars Sportsbook mobile app or desktop, you’ll need to have made an account and logged in to deposit funds. After signing in, click the profile button in the top right corner of your screen on both desktop and the app to bring up your account page. From here, you’ll be presented with various account options to discover, including betting history, preferences, bonuses, and more.

Remember: The promo code for Caesars Sportsbook – SBRFULL – is not required for depositing money, only for registration.

Click "Deposit"

While on your account page, the options to deposit and withdraw will be at the top of your screen. Select the “Deposit” button to continue and see your list of options.

Select your deposit method(s)

Once on the deposit methods page, you will be presented with all your banking options, clearly represented by their names and logos. You can choose whichever method you wish; for each, the sportsbook will take you to a final screen that permits you to enter a deposit amount. 

Lastly, you’ll need to determine how much money you want to deposit – there will be suggested amounts provided for those having difficulty deciding – and then go forth with your chosen payment provider. Don’t forget that if this is your initial deposit, you’ll have to put down a minimum of $10 before you can make the qualifying wager associated with the Caesars Sportsbook promo code bonus.

Where is Caesars Sportsbook Legal?

Following the repeal of the Amateur Sports Protection Act (PASPA) in 2018, Caesars became one of the first operators in the U.S. to launch an online sportsbook. Now an industry titan, Caesars continues to grow both in authority – it notably acquired William Hill PLC, one of the world’s leading sports betting operators, in 2021 – and reach. 

You’ll find Caesars Sportsbook available in 16 states – and the District of Columbia – conveniently mapped out in the table below. Each one of those states, save for DC and Nevada, offers the up to $1,250 On Caesars welcome bonus. 

StateLaunch date
ArizonaSeptember 2021
ColoradoAugust 2020
DCMay 2021
IllinoisSeptember 2020
IndianaMay 2020
IowaAugust 2019
KansasSeptember 2022
LouisianaJanuary 2022
MarylandNovember 2022
MichiganJanuary 2021
New JerseySeptember 2018
New YorkJanuary 2022
NevadaSeptember 2017
OhioJanuary 2023
PennsylvaniaMarch 2020
TennesseeAugust 2021
VirginiaFebruary 2021
West VirginiaAugust 2021
WyomingAugust 2022

How to Withdraw Your Payout From Caesars

Winning your first wager is a thrilling experience, and most will want to withdraw their profits immediately. Appropriately, you can make a withdrawal request with Caesars Sportsbook anytime.

Withdrawal Methods

Caesars offers plenty of ways for you to withdraw your real cash. PayPal, online banking, eCheck by VIP Preferred, prepaid cards, and visiting a retail cashier are the options you’ll have at hand. To check out the list of methods either on the app or website, go to your account profile and click on the “Withdraw” button.

For the most part, withdrawals with Caesars are free. However, there are withdrawal limits to be aware of when accessing your money – most options will require you to withdraw a minimum of $20 and will prevent you from taking out more than $5,000.

As with most sportsbooks, the time it takes for you to receive your withdrawal can vary. Your withdrawal request will most likely be processed within 72 hours but is often significantly quicker, barring Caesars asking for additional documentation. That said, it’s a best practice to expect processing to take up to five business days to complete.

Support

Caesars’ customer service team is one of the best in the industry. Not only are there plenty of ways to get in touch with them, ranging from a 24/7 live web chat to email to phone, but they are also historically helpful, efficient, and have a genuinely thorough understanding of the product. The website itself also contains a relatively hefty FAQ section with questions and answers for nearly every topic. It’s worth noting that Caesars’ customer support is only provided in English.

  • Live chat available 24/7
  • Phone: (855-474-0606)
  • FAQ section
  • Support languages: English

Banking

Accepted Currencies

  • USD

Methods of Deposit

visa logo
Min: $10 Max: N/A Fee: Free
mastercard logo
Min: $10 Max: N/A Fee: Free
discover logo
Min: $10 Max: N/A Fee: Free
paypal logo
Min: $20 minimum for digital deposits Max: N/A Fee: Free
skrill logo
Min: $20 minimum for digital deposits Max: N/A Fee: Free
banktransfer logo
Min: $20 minimum for digital deposits Max: N/A Fee: Free

Methods of Withdrawal

paypal logo
Fee: Free
banktransfer logo
Fee: Free
skrill logo
Fee: Free

Caesars has slightly limited withdrawal options but seems to offer a more streamlined process than some competitors. Like most books, this is one of the most common sources of customer complaints, but people aren’t likely to take the time to write a positive review about quick withdraws.

Payout speeds depend on your chosen method. PayPal is typically within 12-24 hours but can take up to three business days with bank processing included. Only use PayPal to withdraw if you have already made a deposit via PayPal, or you’ll get delayed with ID verification processes. Online bank transfers range from 3-5 business days. ACH e-Check takes about five business days. Neteller will take up to 3 business days. Caesars Sportsbook Play+ card and cash at the casino cage (with photo ID) are instant. You can withdraw Play+ cards from any ATM that accepts Discover, use the card at retailers, or transfer funds to your bank account. You will have to verify your payment method when processing a withdrawal request. There’s a $10 minimum on all withdrawal methods except for PayPal.

Caesars Sportsbook FAQ

Can I trust Caesars Sportsbook when it comes to promos?

You can. Caesars Sportsbook only operates in states with legalized sports betting, where it is overseen by regulatory bodies and laws. As long as you’re in one of these locations, you can trust that the operator has all the necessary approvals and authorizations.

Do I need to make a deposit to get my Caesars Sportsbook promo?

Yes, you do. The Caesars Sportsbook promo code offer necessitates a $10 minimum deposit.

What if I lose my initial bet at Caesars Sportsbook?

A: Losing your initial bet with Caesars Sportsbook means that the operator will issue you a refund up to $1,250, as a bet credit, so long as you entered Caesars promo code SBRFULL during registration. Click here to sign up if you haven’t already.

If I get the bet credit, can I withdraw it from Caesars Sportsbook immediately?

If you lose your qualifying wager and are given a bet credit by Caesars, you cannot withdraw it from your account right away. The bet credit is not equivalent to real cash and must be used to wager again with the sportsbook.

In what states can I legally bet at Caesars Sportsbook?

You can use Caesars Sportsbook to legally wager on sports in 16 states (+ DC): Arizona, Colorado, DC, Illinois, Indiana, Iowa, Kansas, Louisiana, Michigan, New Jersey, New York, Nevada, Ohio, Pennsylvania, Tennessee, Virginia, West Virginia, and Wyoming. Click here to begin.

I’m already registered at Caesars Sportsbook, can I still use the promo code(s)?

No, the current Caesars Sportsbook promo code can only be redeemed during registration, and the attached bonus is for new users only.