Caesars Sportsbook Promo Code: SQOREBG1 For Bet $1, Get $150 in Bonus Bets!

Last updated March 17, 2025

Caesars Sportsbook is now offering an exciting Bet $1, Get $150 promotion to all new users. Simply sign up using our exclusive Caesars promo code SQOREBG1, place a $1 wager, and if it wins, you’ll receive $150 in bonus bets.

Keep reading for a full breakdown of how to claim your $150 bonus, important terms to be aware of, and tips to make the most of this limited-time offer.

Caesars
🏅 Caesars Sportsbook - New Customer Offer
Bet $1, Get $150 or Double Your Winnings Your Next 10 Bets​
Token(s) expire 14 days after receipt. See Caesars.com/promos for full terms.
GAMBLING PROBLEM? Call 1-800-GAMBLER.
Must be 21+ and physically present in AZ, CO, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, NJ, NY, NC, OH, PA, TN, VA, WV, WY or Washington, DC. New users only. Must register using eligible promo code. Min. qualifying bet amount: $1. Tokens max. bet amount: $25 per token. Tokens bet max. add'l winnings: $2,500 per token. Token(s) expire 14 days after receipt. Not reissued for voided/pushed bets. Void where prohibited. See Caesars.com/promos for full terms. Know When To Stop Before You Start®. Gambling Problem? CO, IL, KY, MD, MI, NJ, OH, TN, VA, WV, WY, Washington, D.C. (OLG Class A licensed Operator), KS (Affiliated with Kansas Crossing Casino), LA (Licensed through Horseshoe Bossier City and Caesars New Orleans), ME (Licensed through the Mi’kmaq Nation, Penobscot Nation, and Houlton Band of Maliseet Indians, federally recognized tribes located in the State of Maine), NC (Licensed through Tribal Casino Gaming Enterprise), PA (Affiliated with Harrah's Philadelphia): If you or someone you know has a gambling problem, crisis counseling and referral services can be accessed by calling 1-800-GAMBLER (1-800-426-2537) or MD: visit mdgamblinghelp.org or WV: visit 1800gambler.net; AZ: Call 1-800-NEXT-STEP; IN: Call 1-800-9-WITH-IT; IA: Call 1-800-BETSOFF. ©2024, Caesars Entertainment​ Gambling Problem? Call 1-800-GAMBLER​
MA: Call 1-800-327-5050 or visit gamblinghelplinema.org​
NY: Call 877-8-HOPENY or text HOPENY (467369)
Claim Bonus
Promo Code
SQOREBG1
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Caesars Sportsbook Bet $1 Get $150 Promo for New Users

The Caesars Bet $1 Get $150 promotion is now live in over a dozen U.S. states, and it's the perfect way to kick off your online betting experience at Caesars Sportsbook.

Just register today using our exclusive bonus code "SQOREBG1" and place any wager of $1 or more on basketball, baseball, hockey, soccer, or any other sport of your choice. 

Then, if you win, you'll automatically receive $150 in bonus bets. How great is that?

Caesars SportsbookKey Information
🎁 Sign Up Bonus:Bet $1 Get $150 in Bonus Bets If You Win
🎉 Promo Code:SQOREBG1
🌎 Eligible U.S. States:AZ, CO, IA, IL, KY, LA, MD, ME, NY, OH, TN, VA, WY, & D.C.
🎲 Minimum Odds:-10,000 or longer
❌ Ineligible Wagers:Profit Boosts, Bonus Bets, Round Robins, Cash Out, Super Boosts

Other Caesars Sportsbook Welcome Offers

In addition to the Bet $1 Get $150 offer, there's another welcome bonus available at Caesars Sportsbook.

With the Caesars Double Your Winnings promotion, you can sign up and bet just $1 to unlock ten (10) 100% profit boost tokens for future wagers. Each profit boost can be used on wagers of up to $25, with the potential to earn up to $2,500 in additional winnings.

The biggest advantage of the Double Your Winnings 10x promo at Caesars Sportsbook? Unlike the Bet $1, Get $150 offer, your $1 qualifying bet doesn’t have to win. 

In other words, you'll receive the 10 profit boost tokens no matter what—even if your first wager doesn't hit.

How To Claim Caesars Bet $1 Get $150 Bonus

Step-By-Step Instructions for Unlocking $150 in Caesars Sportsbook Bonus Bets

Caesars Sportsbook has $150 in bonus bets with your name on it. Just follow these five steps to take advantage of this new and exciting sports betting promotion:

1 Head to the Caesars Sportsbook Website

First, head over to the Caesars Sportsbook website using any of the links we've provided on this page.

2 Sign Up & Verify Your Account

Once you reach the site, begin the sign-up process. Enter the requested information in the boxes provided, and follow the on-screen instructions to verify your identity.

3 Enter Caesars Promo Code

Before you finish signing up, don't forget to enter our exclusive Caesars Sportsbook bonus code SQOREBG1 in the box provided. This step is required to opt in and activate the Bet $1 Get $150 promotion.

4 Make Your First Deposit

Tap the “Deposit” button in your account menu, and make your first deposit of $5 or more. Don't worry! They accept Visa, Mastercard, Online Banking, PayPal, Venmo, Apple Pay, and plenty of other safe and convenient payment options.

5 Place Any $1+ Wager

Check out the betting markets for the NBA, NHL, MLB, college basketball, soccer, and all your other favorite sports/leagues. Find a game that catches your interest and place any wager (moneyline, spread, total, player prop, etc.) of $1 or more.

6 Get $150 in Bonus Bets If You Win

And that's it! Just sit back, relax, and wait for your qualifying $1+ wager to play out. If it wins, you'll automatically get $150 in bonus bets added to your Caesars Sportsbook account.

Terms & Conditions for Caesars Bet & Get Offer

To save you some time and a whole lot of reading, I've provided a quick summary of the terms for Caesars Sportsbook's Bet $1 Get $150 offer:

  • 🇺🇸 Eligible States: Arizona, Colorado, Iowa, Illinois, Kentucky, Louisiana, Maryland, Maine, New York, Ohio, Tennessee, Virginia, Wyoming, and Washington, D.C.
  • 💰 Action Required: Make initial deposit & place $1+ qualifying wager
  • 📉 Minimum Odds: -10,000 or longer for qualifying wager
  • 🚫 Ineligible Bet Types: Profit Boosts, Bonus Bets, Bonus Cash, Super Boosts, Round Robins, Cash Out
  • 🔁 Wagering Requirements: 1x (i.e., winnings from bonus bets are immediately available for withdrawal)
  • 🎟️ Bonus Bets: $150 Bonus is paid out as six (6) individual $25 bonus bets
  • Expiration: Bonus bets expire 30 days after receipt
  • 🔑 Promo Code: Use “SQOREBG1” at sign up

Have some questions? I'd suggest reaching out to Caesars' customer support via live chat on the website or app. You can also find more information about the platform in our in-depth Caesars Sportsbook review.

Tips for Claiming & Using the $150 Caesars Sportsbook Bonus

Before we wrap things up, let me share a few tips for how to make the most of Caesars' Bet $1 Get $150 sign-up bonus.

  1. Understand the Minimum Odds Requirement: One of the most important things to keep in mind is that your $1+ qualifying bet must be placed on a market with odds of -10,000 or longer. For example, bets with odds like -5,000, -300, -110, or +250 would qualify. Bets with odds of -20,000, -50,000, or shorter would not.
  2. Bet on a Heavy Favorite: Since the main goal is to win your first wager and unlock the $150 bonus at Caesars, I definitely recommend betting on a heavy favorite or finding a market in the -5,000 to -10,000 odds range. This is allowed under the terms and will significantly increase your chances of winning that first bet.
  3. Remember You Don’t Keep the Stake with Bonus Bets: When you place a wager with bonus bets at Caesars Sportsbook, you don't keep the original stake if you win. For example, if you place a $25 bonus bet at +100 odds, you'll receive a total payout of $25. The $25 bonus bet stake is not included in your winnings.
  4. Place Your Bonus Bets on Even Money or Positive Odds: Once you unlock your $150 in bonus bets, it’s best to use them on wagers with odds closer to even money (around +100) or plus odds. Since the bonus bet stake isn’t included in the payout, it wouldn’t make much sense to play it safe with a wager at -150 odds or shorter.
  5. Don't Forget About the Expiration Dates: Bonus bets at Caesars Sportsbook are valid for 30 days after issuance. Make sure to use them within this 30-day window, or they'll expire and be removed from your account.

FAQs for Caesars Bet $1 Get $150 Promo

How does the Caesars Bet $1 Get $150 Promo work?

With the Bet $1 Get $150 promotion at Caesars Sportsbook, you just need to place any wager of $1 or more. If your wager wins, then you'll receive $150 in bonus bets. It's really that simple.

Do I need a promo code for the Caesars $150 Bonus?

Yes, you'll need to use our exclusive Caesars Sportsbook promo code SQOREBG1 during the sign-up process to activate the Bet $1 Get $150 welcome offer.

When will I receive my $150 in bonus bets?

Once your $1 qualifying wager is graded as a win, your $150 in bonus bets will typically be credited to your Caesars Sportsbook account within an hour or two. Remember, the bonus will be awarded as six (6) separate $25 bonus bets.

What are the minimum odds for my qualifying bet?

Your $1+ bet must be placed on a market at Caesars Sportsbook with odds of -10,000 or longer. This means you can bet on odds like -5,000, -300, or even +250, but anything with odds shorter than -10,000 won’t count.

Peyton
Peyton Powell
Peyton is an huge sports fan and a graduate of the University of Louisville. He has always enjoyed playing, watching, and betting on sports. Born and raised in Kentucky, a state without any professional sports teams, he had to find teams to cheer for away from home. Peyton's favorite teams include the Los Angeles Lakers, Baltimore Ravens, and Boston Red Sox.