Caesars Sportsbook Launches Huge Welcome Bonus in New York

New York aerial view. Ed Jones / AFP

Caesars Sportsbook is offering New Yorkers up to $3,300 in bonus cash in a bid to carve out a market-leading position in the state. 

It was among the first four online sportsbooks to go live in New York on Saturday, along with BetRivers, DraftKings, and FanDuel. Its three rivals all launched compelling sign-up bonuses, but the Caesars offer blows them out of the water. 

A Huge Two-Part Welcome Offer 

Caesars will immediately give new customers $300 in bonus funds as a reward for signing up for an account. This bonus credit has just a 1x playthrough requirement, and any winnings you earn will be paid in cash. 

You need to have made a cash deposit before any withdrawals of winnings can be made. Caesars will match your initial deposit up to $3,000. The minimum deposit at Caesars is just $20, so you could deposit $20 and get $320 in bonus funds. 

Players with larger bankrolls can receive up to $3,300. Both parts of the welcome bonus come with a very generous 1x wagering requirement. You just have to play it through once and you can then cash out. 

The deposit match funds will be added to your account within two days. You have 30 days in which to use your bonus cash. If you do not use it in that time, it will expire. 

There are no other notable terms and conditions attached to this offer. It does not specify any minimum odds or markets that you need to use the bonus funds on. You just need to be aged 21 or older and physically located in New York to claim it. 

The promotion runs until January 31. It may be renewed at that point, but Caesars may introduce an alternative offer. In most other states, it provides a first bet match sign-up bonus of up to $1,001, win or lose, although the offer in Illinois is a $300 risk-free bet. 

Additional Promotions from Caesars New York 

There is still time to claim a free NBA jersey at Caesars Sportsbook. New Yorkers – or anyone else physically located in a state in which Caesars is licensed – can place $100 worth of NBA bets and receive a digital gift card worth $150 to use at the NBA store. You can then use it to buy an NBA jersey of your choice. 

Basketball fans in New York can also enjoy a 33% parlay boost on NBA and college basketball games taking place today. You will find the parlay boost tokens in the promotions section of the Caesars Sportsbook app and site. 

There is another promotion called “End Zone Energy”. You can bet $50 or more on a standard point spread on a football game and receive a free bet equal to $10 for every touchdown that the team you bet on scores.  

The offer ran on the National Championship game between Georgia and Alabama last night. A late pick-six helped the Bulldogs secure their first national title since 1980. Anyone that bet on Georgia to cover would have earned $30 in free bets as part of the promotion. 

There are all sorts of ongoing promotions of this nature at Caesars, and you can also join the Caesars Rewards loyalty program. You earn points, which can then be exchanged for free bet credit and other rewards.