Betting Offer
$1000 Risk Free Bet
Expected Profit
$400 – $500
Notes: Eligible customers must opt-in to participate in the Caesars sportsbook Promo when registering the account by entering the promo code: CZR1000.
The first bet must be placed and settled within 7 days of opening the Betway account
The first bet must be made with betting odds of at least –300
Bonus Bets will be added to a Participant’s Caesars Account within two (2) business days after their Qualifying Wager is graded as a Loss by Caesars.
Bonus Bet expires 14 days after receipt
Caesars Welcome Offer Quick Guide
Caesars Welcome Offer Quick Guide
- Step 1: Register with Caesars Sportsbook
- Step 2: Find Qualifier Bets using Free Bet Conversion Tool
- Step 3: Calculate bets using Risk Free Bet Calculator
- Step 4: Place our bets
- Step 5: Check the Game Results
- Step 6: Convert our bonus bet using Free Bet Conversion Tool
- Step 7: Calculate bets using Matched Betting Calculator
- Step 8: Place our bets
Step 1: Register at Caesars Sportsbook
As always the first thing we need to do is register for an account with Caesars and deposit the $1000 required for their second chance betting offer which is the current Caesars Sportsbook Promo.
Step 2: Find Our Qualifier Bets
Use the Free Bets Tool!
We want to place Risk Free Bet Qualifiers at high odds
After having opened and verified our account with Caesars. Head over to the Free Bet Conversion Tool. Set the Sportsbook One filter to Caesars this will display the matches containing Caesars odds.
Instead of using the Sportsbook Two filter we can use the states filter to filter the tool for all sportsbook relevant to a certain state.
Once both filters are set, select an odds match from the row with the highest Free Bet Conversion Rate. Although if you need to reduce the total amount of money required for the matched bet, select a match with lower odds at Caesars.
Step 3: Calculate and Place Our Bets
Open the Risk Free Bet Calculator, enter our $1000 Qualifier Bet Stake and set the free bet condition to First Bet Loses.
Now enter the details of the potential bonus bet if our first bet loses. Enter $1000 into the Free Bet Size box and enter a percentage into Free Bet Retention box. (You may want to add a lower % if you have a smaller bankroll <$3000)
Once we have enter the free bet details we need to enter the odds for both teams. Remember to put the Caesars odds into the Outcome One Odds box.
The amount that we need to bet on both team will be displayed on the right hand side of the calculator in the Outcome One Bet Stake and Outcome Two Bet Stake boxes.
Our rough profit will be displayed at the bottom of the calculator. Now we just need to go and place both of these bets at each sportsbook!
Step 4: Check the Game Results
With risk free bet offers the game result matters. If our bet wins at Caesars we will profit from the qualifier bets and won’t receive a bonus bet.
If this happens we done with the Caesars sportsbook promo and can move onto the next matched betting offer!
In the event that our bet at Caesars Loses, then we will get credited the bonus bet from the Caesars sportsbook promo. We need to convert the free bet into a cash to cover the loss made from the qualifier bets.
The risk free bet calculator will display how much each qualifier bet won and lost so we can calculate the qualification loss.
Step 5: Find Bets to Convert Our Free Bet
If the bet loses at Caesars you should be credit with a free bet. Which you can apply on the Caesars betslip.
We now need to convert the free bets into a cash profit. We can do this by again betting on both sides of a sports game.
Open the Free Bets Tool and set the Sportsbook One filter to Caesars and the Sportsbook Two filter to our other sportsbooks.
Select the odds match with the highest Free Bet Conversion Rate.
Step 6: Calculate and Place Our Bets
Open the Matched Betting Calculator again and set the Bet Type to Free Bet mode.
Enter the odds from the Free Bet Conversion Tool ensuring the Caesars odds are in the Outcome One Odds box.
In this example we would need to have $2194.83 in our second sportsbook account to cover the matched bet.
In this case would would make $655.17 from the $1000 free bet. Once we factor in the $288.89 loss from the qualifier bet. We have made around $366.28 of total profit from the offer in this example.
Congratulations! You’ve completed the Caesars Sportsbook Promo!
A Nice bit of profit on this one! Almost time to super charge our profits with reload offers