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The Ultimate Guide to Claiming Caesars Bonus Bets by NXTBets

The Ultimate Guide to Claiming Caesars Bonus Bets by NXTBets

Caesars has quickly become among the most trusted online sportsbooks in over 20 markets. It supports several betting options across various sports. To spice up bettors’ experiences, the platform offers competitive odds, special promos, and an excellent reward program. New members enjoy a welcome bonus that offers up to $1,000 back as a bonus bet if their first bet loses. This allows you to place large bets without risking your money, which is every bettor’s dream. It also helps you maximize your potential winnings.

At NXTbets, we are committed to improving bettors’ experiences. We have partnered with several betting platforms, including Caesars, allowing you to enjoy excellent betting opportunities. In this ultimate guide, we will guide you through claiming and effectively using Caesars’ bonus bets. Our valuable tips are designed to help both new and seasoned bettors get the most out of the platform’s promotional offers.

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Understanding Caesars Bonus Bets

Bonus bets, also known as free or promotional bets, are credits that betting platforms like Caesars give users to place wagers. They can be risk-free bets, deposit match bonuses, or risk-free bets.

  • Free Bets: An amount is credited to the bettor’s account to be used for their first bet.
  • Risk-Free Bets: Bettors get a free bet if they lose their wager.
  • Deposit Match Bonuses: A percentage match on the initial deposit is credited to the bettor’s platform as bonus money.

However, to qualify for Caesar bonus bets, you must:

  • Be at least 21 years old. However, those in Kentucky only need to be 18 years old.
  • Be located in a state where the platform legally operates.
  • Be a new or qualifying existing user.
  • Not be directly involved with the sports team or league you are wagering on. This means coaches, athletes, referees, and owners are limited in certain circumstances.
  • Not be on a self-inclusion list for gambling.

Additionally, the platform’s welcome bonus is only available for new users. Therefore, you may not qualify if you have previously claimed a promotion.

Terms and Conditions

Here are a few general terms and conditions governing Caesars’ betting bonuses:

  • Eligibility: Before claiming any bonuses, ensure you are of legal betting age and live in a region where Caesars Sportsbook operates legally.
  • Wagering Requirements: Bettors are often required to bet a certain amount ( for example, 5x) before being eligible to withdraw bonus bet winnings. Understanding such requirements will help you track your winnings and how close you are to meeting the former.
  • Promo Codes: Some bonuses require using promo codes when signing up or depositing funds to activate. USE CODE: NXTBETS11000 Ensure you don’t miss such a crucial step.
  • Minimum Deposit: You may have to deposit a certain amount to qualify for a bet, which usually varies depending on the promotion.
  • Betting Restrictions: Always remember certain bonuses can only be claimed by betting on specific markets or making certain types of bets. Therefore, first, verify your bonus eligibility status before making a bet.
  • Expiration Dates: Bonuses often have expiration dates, after which they cannot be used.
  • Withdrawal Restrictions: You may be unable to withdraw your bonus funds or winnings until you meet all wagering requirements.
  • Account Verification: Caesar may require you to verify your account fully before claiming or using bonuses. This often requires providing proof of identity and location.

The following terms and conditions apply to new members:

  • Create a new account using the promo code USE CODE: NXTBETS11000 and deposit at least $10.
  • Make a bet on any available market within 30 days of signing up.
  • If your bet doesn’t succeed, Caesars Sportsbook will refund you the whole amount of your initial wager, up to a maximum of $1,000. However, the offer ceases if your first wager wins.
  • The bonus amount is not given back with winnings from the bonus bet.
  • The bonus is valid for 14 days after it’s given. It cannot be divided into smaller wagers.
  • The promo code is currently ongoing.

How to Claim Caesars' Bonus Bets

Here is a step-by-step guide on claiming Caesars’ bonus bets:

Sign-Up with Caesars

  1. Visit the Sportsbook website or download their application.
  2. Click the “Register” button.
  3. Fill out your details: name, address, date of birth, and phone number.
  4. Create a password and answer two security questions.
  5. Provide the last four digits of your social security number for verification purposes.
  6. Add Promo Code USE CODE: NXTBETS11000
  7. Agree with the terms and conditions.

Enter Your Promo Code

Remember to enter the promo code during your registration. USE CODE: NXTBETS11000 This code unlocks specific bonus offers. Before you agree to the terms and conditions, you will find a field to key it in.

Fund Your Account

After signing up with the platform, the next step is to deposit funds. Remember, it requires a minimum deposit to qualify you for a bonus bet, which in this case is $10. Note that the more you deposit, the larger the bonus you stand to enjoy, as the platform’s welcome bonus goes up to 1,000 dollars.

Make a Qualifying Bet

After activating your account, you generally have up to 30 days to make a qualifying wager on any sports market. If you lose your bet, Cesars refunds you the entire initial stake, up to 1000 dollars. Note that once you’ve been given the bonus, you have 14 days to use it before it expires. Before making a bet, check the bonus’s accompanying terms and conditions.

Withdraw Your Winnings

Caesars lets you withdraw the winnings from each bonus bet once the wager settles. However, the bonus amounts are not usually part of the winnings earned from the bonus bet.

Maximizing Your Caesars Bonus Bets

To maximize your Caesars’ bonus bets, you should employ excellent strategies, understand risk-free bets, and manage your bankroll well. Here is an in-depth exploration:

Best Betting Strategies

Here are a few betting strategies that can help you get the most out of your bonus bets:

  • Bet on Sports or Markets You Understand: Caesars offers several betting options across different sports. Using your knowledge of given sports to place informed bets will help you make the best of your bonus. Remember to research well if you choose to explore new markets or sports.
  • Take Advantage of Odds Boosts: Caesars is among the platforms offering frequent odds boosts. Monitor and use such boosts to maximize your potential return on specific bets.
  • Hedge Your Bet: You can always place a counter-bet to cover potential losses. However, exercise care and observe effective bankroll management strategies when hedging bets.
  • Maximize Your Bet Amount: Since your stake amount is insured, use the full value of your risk-free bet on one wager to maximize your potential refund in case you do not win.
  • Consider Live Betting Options: You can also place risk-free bets on live betting markets, which are usually lucrative as odds fluctuate easily. They also provide strategic timing opportunities.
  • Place a Parlay Bet (bet on many events): If you can shoulder a higher risk, you can place a parlay bet in case of a single bet. This can result in a higher payout if you succeed.

Understand Risk-Free Bets

Caesars’ welcome bonus is a risk-free bet. Understanding how such bets work can help you make good use of your bonus, maximizing your winning potential. How, then, do risk-free bets work? Platforms with risk-free bets refund bettors their stakes 9in case their bet losses) in the form of a free bet. You can maximize this type of bet by placing a higher-stakes bet. It guarantees you a second chance in case you don’t win.

Bankroll Management Tips

You should observe your bankroll in all your betting escapades, including when betting with Caesar bonuses. Here are a few tips that can help you maximize your bets:

  • Have a Budget: How much can you risk? Set a fixed amount you can risk and stick to it.
  • Use the Awarded Amount Wisely: Although you will get back your stake amount, you should use your chance wisely. For example, use the full amount to maximize the potential refund.
  • Refrain from Chasing Losses: Do not be tempted to place another large bet to recover your lost risk-free bet.
  • Track Your Bet: Keep a record of your bet. This will help you learn from it for better bet placement.
  • Plan for Future Bets: Betting doesn’t stop when you make your first risk-free bet. Instead of chasing losses, retain your bankroll for future opportunities.

Common Mistakes to Avoid

You should avoid certain mistakes when claiming or using your Caesars bonus bet. Remember, some can lead to the platform limiting or taking away the offer, leaving you without insurance if you made a large bet. Here are some to avoid:

  • Missing Promo Codes: You must enter a promo when signing up and  funding your account to redeem rewards. USE CODE: NXTBETS11000 Minimum of $10 deposits are necessary to unlock the bonus bets.
  • Ignoring the Accompanying Requirements: You should understand the accompanying terms and conditions. For example, consider the eligible markets, wager requirements, and expiry dates.
  • Not Meeting Minimum Bet Amounts: Most bonuses have a minimum bet amount requirement of $10 and they adhere to it. You must ensure your first bet reaches this minimum threshold then can your bet help you unlock the bonus. 
  • Wagering on Ineligible Markets: Do not bet on markets that do not qualify for the bonus, as doing so could make it void.
  • Not Observing Expiration Periods/ Dates: Bonus bets usually have expiry dates. Always use them promptly to avoid losing them.
  • Overextending Your Bankroll: You should always avoid betting more than you can lose, even with bonus bets. Such a trend may lead to irresponsible gambling.
  • Premature Withdrawals: If you try to withdraw funds before meeting the platform’s wagering requirements, you may forfeit your bonus or winnings.
  • Not Using Customer Support: Always contact customer support for clarification if you are unsure about bonus aspects. This can help you avoid any error leading to forfeiture or limiting your bonus.

Caesars Reward Integration

Caesars is usually lauded for its excellent rewards program, making it crucial to discuss its reward integration. Caesar (the betting platform) is integrated with Caesar’s (the mother company) Rewards program. Every bet placement, therefore, earns you redeemable points. You can redeem these points for different perks at Caesar properties, including dining, hotel stays, and entertainment.

Redeeming Rewards

Claiming Caesar’s reward points is quite simple. All you have to do is log into the Rewards account and check all the available options. Caesar’s reward program contributes to a valuable betting experience, as the points can be redeemed for several rewards.

Stay Updated with NXTbets

At NXTbets, we take great pride in our partnerships with several online sportsbooks, such as Caesar. We often promptly update our audience of sports bettors and enthusiasts on any developments, such as new bonuses, to help maximize their betting value. For an easier time, subscribe to our newsletter for direct updates on the latest bonuses and promotions. Alternatively, you can always refresh and browse our websites to learn more about our offers. As you do so, remember we also provide real-time action sports data, insights, and picks.

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Frequently Asked Questions

You do not lose money when your bet fails; the sportsbook will credit your account with the bonus bet. However, note that lost bets do not guarantee you any money.

You should meet certain criteria to qualify for Caesars’ bonus bets. You should be of legal betting age (21 years in most states), reside in a state where the platform operates, and make a qualifying deposit. You must also enter the correct promo code during sign-up or deposit and place a bet that meets minimum odds requirements to qualify.

A risk-free Caesar bet allows you to bet without risking losing your money, as Caesars refunds the stake if your bet loses. The refund, usually a site credit or bonus bet, allows you to try again. Caesar’s risk-free bet will match your wager to a certain limit, usually $1,000.

You lose your bonus bet if you do not use it before it expires. It will cease, and the platform will delete it from your account. The only way to avoid forfeiture is to use the bet within a certain timeframe, usually 7 or 30 days. Therefore, always confirm the duration you have left.

Unfortunately, withdrawing your bonus bet winnings immediately may be impossible. This is because such wins are often subjected to wagering requirements, requiring you to place additional bets before you can withdraw them. The final payout does not also usually include the original platform-provided bonus stake.

You should always check the promotion’s terms and conditions to ascertain whether you have made a qualifying bet. Your bet should meet the minimum odds, eligible markets, and other restrictions. You should also use the correct promo code and meet the minimum deposit or wager amount to qualify.

Unfortunately, Caesars does not allow bettors to combine several promotions or bonus offers, as every promotion usually has its terms and conditions. Therefore, unless stated explicitly, you cannot use your bonus bets alongside other offers. Always confirm the specific terms of every promotion to be on the safer side.