NXTbets Inc

Philadelphia Eagles player wearing a dark green jersey with number 11, running on the field. NXTbets logo and text overlay comparing Caesars Sportsbook vs. FanDuel deposit bonuses.

Caesars Sportsbook vs. FanDuel Deposit Bonus: Which One is Better? 

Online sports betting has surged in popularity in the United States since the Supreme Court declared the federal gambling ban unconstitutional in 2018. Several betting platforms have emerged, with some offering lucrative offers to capitalize on the growing sports betting industry. Caesars Sportsbook and FanDuel are among the top sportsbooks currently. They have unique features, diverse betting markets, and inviting bonuses to attract and retain new customers. You are in the right place if you have problems choosing between the two. 

NXTbets is the leading platform for sports betting data, insights, and picks. We offer comprehensive betting resources, including well-researched blogs, analyses, and pointers. This guide will compare Caesars and DraftKings sign-up bonuses and other features. Continue reading to discover the most suitable deposit bonus and platform. 

1
Fan Favorite
BET $5, GET $250
IN BONUS BETS IF YOU WIN
6369 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.9
2
Hot & Trending
BET $5, GET $200
IN BONUS BETS INSTANTLY
8690 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLE
logo

Offer Score

9.8
3
Global Sportsbook
BET $5, GET $200
IN BONUS BETS WHEN YOUR FIRST BET SETTLES
2249 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.7
4
Hot & Trending
UP TO $1,500
BACK IN BONUS BETS
8690 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.9

Understanding Deposit Bonuses: Caesars vs Fanduel

Before looking into the two offers, we would like to define deposit bonuses and explain why comparing Caesars and Fanduel is crucial for sports bettors or enthusiasts. 

What is a Deposit Bonus?

A deposit bonus is a promotional offer most sportsbooks award to new users after funding their accounts. Most platforms match a percentage of the deposit (fully or up to a given amount) or provide bonus bets of up to a certain value. These bonuses encourage other bettors or sports fans to join the offering platform and wager on their favorite sports, games, or events. 

Why Compare Caesars and Fanduel?

FanDuel and Caesars Sportsbook are among the most renowned platforms in the online sports gaming industry. For a successful experience, bettors should understand their offers, promotions, and overall operation. It is crucial to explore their deposit bonuses, as the applicable value and terms often affect users’ betting or gaming experiences. 

Caesars Sportsbook Deposit Bonus Overview

Caesars’ deposit bonus is quite special. Below are its aspects: 

Bonus Structure and Eligibility

Structure

  • The platform offers new users ten 100% profit boost tokens. They must make a single $1 (or more) bet) to unlock them. 
  • Users have 14 days to use the profit tokens, after which they expire. Each token has a maximum wager limit of $25 and an additional winning potential of $2,500. 
  • The additional winning potential of each token, $2,500, means the platform’s deposit bonus can reach as high as $25,000. However, the chances of winning 10 bets with extremely long odds are quite slim. 
  • Users only receive the profit boost tokens after their first wager. 

Eligibility: 

  • Users must be of legal age and live in a qualifying state. The bonus is unavailable in Alaska, Arkansas, California, Texas, Utah, or other anti-gambling states. 
  • It is only available for new users and first deposits. 
  • The bonus is limited to one user each. 

Remember to enter a relevant promo code when signing up and to exhaust your bonus before it expires. If you’re looking for a step-by-step guide on how to claim Caesars’ bonus offers, refer to this ultimate guide to Caesars bonus bets.

Pros and Cons of Caesars’ Bonus

Pros

  • Higher potential returns: Each Caesars’ profit boost token can generate extra winnings of up to $2,500, earning users excellent returns. 
  • Enhanced flexibility: The profit boost tokens can be used in several sports and markets. New users are, therefore, free to choose what to bet on.

Cons 

  • Wagering limits: Each profit boost token has a $25 bet limit, which may limit high-stakes bettors. 
  • Limited time: New qualifying users have only 14 days to exhaust 10-packed token boosts.

FanDuel Deposit Bonus Overview

Let’s see what FanDuel’s deposit bonus offers. 

Bonus Structure and Eligibility

Structure

  • FanDuel offers news users a fixed $200 deposit bonus. 
  • It is credited within 72 hours after the first qualifying bet. A qualifying bet requires a $5 (or more) stake. 
  • Eligible users receive the 200$ if their first qualifying bet is accurate. 
  • It has a 7-day validity period and 1× playthrough requirement. 
  • Users can break up the bonus bet amount in their preferred increments. 
  • It has no minimum odd requirement. 
  • Withdrawals can only be made after completing the playthrough requirement. 

Eligibility: 

  • The new user must be 21+ to participate. 
  • The bonus is only available in eligible states

Unlike Caesars, you only have 7 days to exhaust your deposit bonus. 

Pros and Cons of FanDuel’s Bonus

Pros

  • Enhanced accessibility: The FanDuel bonus has a lower entry barrier, making it accessible to several users. You only need to bet at least $5. 
  • Bonus Guarantee: New FanDuel users receive the deposit bonus regardless of the outcome of their first bet.

Cons 

  • Lesser value: The total value is capped at $200 only, which is relatively lower than what several competitors offer. 
  • Wagering requirements: New users may find the terms surrounding withdrawing bonus winnings inconvenient. 

Comparing Caesars and FanDuel Deposit Bonuses

Caesars Sportsbook and FanDuel deposit bonuses differ in value, terms, user accessibility, and perks. Here is an in-depth exploration. 

Bonus Amount and Terms

Caesars offers a higher potential bonus amount thanks to its profit boost tokens. New users can unlock up to $25,000 in additional winnings. However, there is a catch– you need multiple bets to maximize the bonus (it is not guaranteed). On the other hand, FanDuel offers a modest $200 in bonus bets. Regardless of the outcome, it credits the amount to your account after a $5 wager. 

User Accessibility

FanDuel’s signup bonus is more accessible. Unlike Caesars’ offer, you only need a $5 bet to unlock it. FanDuel’s bonus attracts more experienced bettors who do not mind placing multiple wagers. 

Additional Perks and Promotions

Caesars and FanDuel both offer ongoing promotions after the initial deposit bonus. Caesars’ users enjoy a comprehensive rewards program with exciting incentives. FanDuel’s regular promotions for existing users include parlay insurance and odds boosts. Cash in all ongoing promos to enhance your maximum profitability and betting or DFS experience. 

Beyond Deposit Bonuses: Other Features Compared

In addition to great deposit bonuses, FanDuel and Caesars have other excellent features. Explore their mobile app experiences, rewards programs, sports betting markets, odds, customer support, and responsible gaming tools. 

Mobile App Experience

Both platforms have user-friendly iOS and Android mobile applications. Users enjoy seamless navigation, safe account management features, and live betting options for an exciting “on-the-go” betting experience. Visit your App Store (iOS) or Play Store (Android) to download the mobile application. 

Sports Betting Markets and Odds

A good platform should offer diverse betting markets and competitive odds. 

  • Diverse sports betting markets: Both platforms offer diverse sports and multiple betting markets. You can wager on major leagues like the NBA, NFL, or niche sports. 
  • Competitive odds: Caesars Sportsbook and FanDuel offer competitive odds, but slight variations may exist depending on the market and event. 

Rewards Programs

Caesars Sportsbook has one of the best rewards programs in the sports betting industry. Users earn points, which they can redeem for several perks, including fine dining experiences and hotel stays. On the other hand, FanDuel’s loyalty program offers site credits and diverse incentives to consistent users. 

Customer Support and Responsible Gaming

Bettors should settle on platforms with responsive customer support and adequate safe gaming tools. 

  • Both Caesars and FanDuel offer great customer support. You can get help through multiple channels, including live chat, email, chat, and phone. 
  • Both platforms have responsible gaming tools. Use the deposit and time limits, self-exclusion options, and safe gaming resources to minimize the chances of compulsive or problematic gambling. 

Which Deposit Bonus is Right for You?

How can you determine which of the two bonuses suits you? Read below to discover the factors to consider and how to tailor your experience to your needs. 

Features to Consider When Choosing

Consider your betting habits and geographic limits when choosing between two or multiple deposit bonuses.

  • Betting Habits: Casual bettors should settle for a deposit bonus with a low entry requirement (such as FanDuel’s). On the other hand, bonuses with relatively higher potential returns, like Caesars’, are suitable for more frequent bettors. 
  • Geographic Availability: Confirm if the sportsbook or DFS platform operates legally in your state. You should also meet the eligibility requirements. 

Tailoring the Experience to Your Needs

Choose Caesars Sportsbook if you are interested in maximizing your potential bonus winnings and can comfortably place several bets. FanDuel is the way to go if you prefer a guaranteed bonus with a small initial wager requirement. In addition to the deposit bonus, evaluate the other factors discussed above to anticipate your overall experience. 

Conclusion

Both FanDuel and Caesars Sportsbook have competitive deposit bonuses. However, they are usually tailored to different user preferences. Caesars Sportsbook serves bettors interested in higher potential returns with its profit boost tokens. Conversely, FanDuel suits beginners or casual bettors due to its guaranteed bonus bets and low entry barrier. When choosing between the two, consider your budget, priorities, and betting style. You should also pay attention to the betting markets, mobile accessibility, and overall user experience. 

At NXTbets, we understand the importance of choosing a good betting platform and embracing successful strategies. Check out our blogs for in-depth sportsbook analyses, effective betting tips, and responsible gaming strategies. Count on us for real-time sports betting data, insights, and picks. Remember to subscribe to our newsletter today for timely updates, exclusive offers, and actionable insights. 

1
Fan Favorite
BET $5, GET $250
IN BONUS BETS IF YOU WIN
6369 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.9
2
Hot & Trending
BET $5, GET $200
IN BONUS BETS INSTANTLY
8690 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLE
logo

Offer Score

9.8
3
Global Sportsbook
BET $5, GET $200
IN BONUS BETS WHEN YOUR FIRST BET SETTLES
2249 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.7
4
Hot & Trending
UP TO $1,500
BACK IN BONUS BETS
8690 other players have claimed this offer
Must be 21+. Gambling Problem? Call 1-800-GAMBLER
logo

Offer Score

9.9

Frequently Asked Questions (FAQs)

Caesars Sportsbook and FanDuel bonuses have terms and conditions that bettors must meet or uphold to access bonus-related winnings. For example, they must meet FanDuel’s 1× playthrough requirement to actualize its bonus and make a single, qualifying initial wager before receiving Caesars’ token boosts. Review the bonus overview sections above to learn more. 

You must meet the bonus requirements to enjoy it or withdraw any associated winnings. Failure to meet any terms and conditions renders you ineligible–you may have to forfeit your bonus or associated winnings. Always remember to check and respect relevant terms like the wagering requirements and expiry dates. 

Yes. Both Fanduel and Caesars have ongoing promotions for existing users. Consider Caesars’ rewards program and FanDuel’s odd boosts, loyalty rewards, and parlay insurance. 

Responsible gaming and a successful sports betting career go hand in hand. Both Caesars and FanDuel prioritize responsible gaming. Caesars was the first gaming company to tackle problematic gambling through its 1989 Project 21 responsible gaming program. Besides different in-app tools like self-exclusion policies and betting limits, it has a national helpline for gambling issues. 

FanDuel allows users to limit the time and amount they spend on their betting endeavors. It recently launched My Spend, a tailored, responsible gaming dashboard that helps users manage their budgets and track spending patterns. 

Both betting platforms have intuitive, easy-to-navigate mobile applications. You will enjoy a user-friendly interface and exciting contests on both. 

Please refer to Affiliated Operators’ T&C. Void where prohibited. Gambling problem? Call 1-800-GAMBLER