Caesars Sportsbook Promo Code TODAY1000 Offers $1,000 Bonus

Up to $1,000
on Caesars
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This month, register for an account with Caesars Sportsbook using the promo code TODAY1000, and your first bet is on Caesars up to $1,000. Caesars is a longtime giant in the sports betting industry, and the Caesars Sportsbook app is among the most popular betting apps in 21 US states.

Keep reading to learn more about how the Caesars promo code TODAY1000 can earn you up to $1,000 in bonus bets.

Caesars Sportsbook’s $1,000 Welcome Offer

Right now, the Caesars Sportsbook promo code TODAY1000 unlocks a first-bet bonus worth up to $1,000 in bonus bets. To claim the bonus, enter the code when you sign up, deposit $10 or more, and then place a real money bet. If your bet loses, Caesars will match your wager with a bonus bet up to $1,000.

If your bet wins, you won’t receive a bonus bet, but you’ll collect your winnings as usual. First-bet bonuses are issued as one (1) bonus bet equal in value to your initial wager. The bonus bet cannot be divided or withdrawn, and you have 14 days to use it, or it will expire.

Caesars Sportsbook NC promo code to claim the $1,000 Caesars NC welcome bonus

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Caesars Sportsbook Promo Details & Eligibility

Caesars Promo CodeTODAY1000
Total Value$1,000
Bonus FormatGet a bonus bet up to $1,000 if your first bet loses
Minimum Deposit$10
Bonus Terms & Conditions- Bonus applies exclusively to your first bet as a Caesars customer
- Your first bet must be for $5 or more
- Your first bet must settle within 30 days of account opening
- You will only receive a bonus bet if your first bet loses
- The bonus you receive is of equal value to your wager (maximum $1,000)
- Your bonus will be issued as one (1) bonus bet token that cannot be divided or withdrawn
- Unused bonus bet tokens expire 14 days after they are issued
Payment OptionsCredit cards, Venmo, online banking, PayPal, Play+, Skrill, wire transfers, eCheck
Eligible StatesAZ, CO, IN, IL, IA, KS, KY, LA, ME, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA & WV (plus DC)

How to Claim Your $1,000 Bonus at Caesars Sportsbook

To claim the $1,000 bonus offer at Caesars Sportsbook, start by heading to the Caesars site and clicking the “Sign Up” button. Fill out the registration form with your personal information, and be sure to enter the code TODAY1000. Without the promo code, the welcome bonus won’t be credited to your account.

Once you’ve signed up and verified your identity, you’ll need to deposit $10 or more into your new Caesars Sportsbook account. Then, the bonus will be active, and you can place your first bet. If it loses, Caesars will credit you with a bonus bet of equal value to your wager, up to $1,000.

The bonus will apply only to your first wager as a Caesars customer, so make your first bet count. Your bet must settle within 30 days to qualify. Keep in mind that if your first bet wins, you won’t receive a bonus; you’ll just get the winnings from your bet. If you do receive a bonus bet, remember that it must be wagered all at once and will expire if unused after 14 days.

Maximizing Value from Your Caesars Promo Code Offer

The first thing to note about the Caesars promo code offer is that you get out what you put in. The maximum value is $1,000, but to get a $1,000 bonus bet, you’d need to make a $1,000 real money wager. Most players will make a smaller wager, which would return a smaller bonus bet. For instance, losing a first wager of $100 would return a $100 bonus bet token.

The second thing to understand is that your bonus bet token is not the same as real money. Your bonus bet token cannot be withdrawn from your account or converted to real money. All you can do is use it to place one single wager within 14 days of receiving it. If that wager wins, you won’t get the bonus bet amount back, only the profit.

For example, let’s say you open your Caesars account and place a $100 wager on the Los Angeles Dodgers to win a game. They lose, and you receive a $100 bonus bet token as a refund. You then place that $100 bonus bet token on the Houston Astros to win at +200 odds, and the Astros win. Normally, that wager would return $300 ($100 stake + $200 profit). But because the bonus bet amount itself can’t be withdrawn, this bet returns only the profit: $200.

At first glance, the Caesars promo code appears to guarantee a 100% return on investment. In reality, it’s not that simple. After all, if your first bet wins, you could actually do better than a 100% return, depending on the odds. On the flip side, if your first bet loses, your real money stake gets refunded with a non-withdrawable bonus bet token, which is less valuable than real money.

Overall, the Caesars promo code is essentially an opportunity to bet while knowing that you will be partially compensated if you lose. For example, let’s say you would normally bet $100 on a particular game. With the Caesars bonus active, you might take the chance to raise your stake to $200 since any potential loss could be mitigated with a bonus bet token.

Sportsbook Showdown: Caesars vs. FanDuel vs. DraftKings and More

Bonus Value$1,000$200$1,200*$500*$1,000
Bonus FormatBonus bet refund if first bet losesBet $5, get $200 if your bet wins$50 bonus bet + 20% deposit match up to $1,000 + bet $5, get $150Second chance bet if your first bet losesDaily first bet match up to $100 for 10 straight days
Minimum Deposit$10$10$5$10$5
Minimum Wager$5$5$5N/A$5 (Max. $100)
How Long for Bonus Funds to Expire14 days7 days30 days for $50 bonus bet
90 days to meet playthrough for deposit match bonus
30 days7 days
Other T&Cs- Bonus valid for first bet as Caesars customer.
- Must use our Caesars promo code
- Qualifying wager must settle within 30 days
- Bonus bet cannot be divided or withdrawn
- Qualifying $5 wager must win to receive bonus
- No Fanduel promo code required
- *Total bonus value is $1,200 in AZ, CO, IN, KS, KY, MD, VA, and WV.
- *MA customers can’t get the deposit match
- Deposit match bonus funds have a 25x playthrough requirement (i.e., to release $1,000 in bonus funds you would need to wager $25,000)
- No DraftKings promo code required
*Maximum bonus varies by state:
- AZ, IA, OH, WV: $100
- CO, NJ: $250
- IL, IN, LA, MD, MI, PA, VA: $500
- Once bonus is activated, Fanatics will match 100% of your first bet of the day in FanCash every day for 10 days
- Bonus awarded as FanCash, which can be converted to bonus bets or redeemed for real money on Fanatics retail site. Make sure to use the Fanatics sportsbook promo code.
Our Rating4.7/54.4/54.5/64.5/54.6/5

Why Caesars Ranks Among Top U.S. Sportsbooks

Time and again, Caesars ranks as one of the best sportsbooks in the country. It owes its success largely to its immaculate reputation for customer service and the Caesars Rewards program, which is consistently rated as the best sportsbook loyalty program in the country. Its extensive selection of betting markets and $1,000 welcome bonus are also major strengths.

The Caesars Sportsbook app is available in 21 states and has consistently garnered high scores from both Apple and Android users. While some customers have expressed that they want to see more rotating promotions, the daily odds boosts make this only a minor drawback.

If you want to learn more about how Caesars Sportsbook stacks up to the competition, check out our comprehensive Caesars Sportsbook review. There, we go in-depth through the pros and cons of betting with Caesars to help you decide whether Caesars is the right sportsbook for you.

Other Promotions at Caesars

Though the $1,000 first bet bonus for new players is the big ticket item, there are still other promotions you can claim as a returning customer at Caesars. These promos come and go, but here are a few that you can often find.

NBA Futures Bet Match

Throw down a wager on any team to be NBA champions in the 2024-25 season, and you’ll get 50% of your stake back in bonus bet credits when you opt into this promo.

Daily Odds Boosts

All you need to do is click the “Boosts” tab on the Caesars homepage to view a constantly updated selection of odds boosts. At any given time, there should be at least a dozen or more, and often more than 30 during busy times in the sports season (i.e., September to May).

Refer-a-Friend Bonus

Send a friend your referral code, and when they sign up and deposit at least $50, you’ll earn $100 in bonus bets. You can use your referral code for up to 10 friends for a total of up to $1,000 in bonus bets.

Caesars Rewards

Often described as the best rewards program in sports betting, the Caesars Rewards program lets you work your way up to lavish rewards, including comps and rewards from a number of hotels and partners in the Caesars Entertainment empire.

Why You Should Claim Caesars’ First Bet Bonus Today

After trying out the promo, our verdict is that the current Caesars promo code is a great offer and certainly worth claiming. Getting your first bet on Caesars means that you can tailor the bonus to your betting style. Sign up, deposit $10, and then make any wager up to $1,000 with the peace of mind that you’ll get a bonus bet back if you miss.

While there are some restrictions on the bonus bet—it can’t be divided or withdrawn and must be wagered within 14 days—it’s still a great consolation prize for a losing first bet. If you make a winning bet using your bonus bet, the profit is immediately available as a withdrawable balance. If your first bet wins, even better, you’ll get the stake and profit bet back as cash in your account, just like normal.

If you’re thinking of signing up with a new sportsbook, the Caesars promo code TODAY1000 is one of the top welcome bonuses on the market. Click a link on this page now to head to the Caesars site and sign up today.

About the Author
Carson Mundy

Carson Mundy

Brand Content Manager
Carson Mundy is the brand content manager of Gaming Today. With a background in politics, sports, and SEO, he covers the legislative side of the sports betting industry. Carson has more than a decade of experience in the media and marketing industries, with time spent at resulta, The Canadian Press, Microsoft News, The Canadian Olympic Media Broadcast Consortium, Sportsnet, and other national outlets.

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