Bonuses and Promotions
Odds VS. The Competition
Market Depth & Variety
Deposit & Cash Out
Use our exclusive code SHARPBET15 to get up to $1,500 for a risk-free bet.
Caesars Sportsbook is a gorgeous app that performs smoothly, offers diverse betting markets, and boasts competitive odds.
App users can participate in Caesars Rewards, a six-tier rewards program that allows users to collect rewards points during gameplay. Bettors can exchange rewards points for on-site benefits at 50 Caesars locations and benefits with Caesars’ partners. Based on Caesars Sportsbook’s recent New York launch, Caesars has no plans of slowing its growth.
Here’s everything bettors need to know about Caesars Colorado Sportsbook.
**Some of the products featured here are from our partners who compensate us. This does not influence our evaluations. Our opinions are our own. All bonus and promotions have Terms & Conditions that apply. 21+ for legal online gambling sites. If you think you have a gambling problem, please call 1-800-522-4700.
Caesars Colorado Promo Code August 2022
Use our exclusive Caesars Colorado promo code SHARPBET15 for a risk-free bet worth up to $1,500. If you lose your first bet, you’ll get a free bet credit worth a maximum of $1,500. Terms and conditions apply.
|Caesars Promo Code||SHARPBET15|
|Bonus||Risk-Free Bet Up To $1,500|
|Caesars Sportsbook States||AZ, CO, IN, IA, IL, LA, MI, NJ, NY, TN, VA & WV|
|Last Verified||August 2022|
The $1,500 risk-free bet is one of the largest bonuses offered for that category of promotions.
New bettors can use our promo code SHARPBET15 to redeem this large welcome bonus.
Even beyond this opening bonus, Caesars has one of the best rewards programs in the industry. Each wager rewards credits, no matter whether bettors win or lose. Bettors can spend those rewards points on bonuses like free stays at Caesars hotels and free bets on the mobile app.
Caesars Sportsbook has one of the best welcome bonuses and rewards programs in the Colorado market. Bettors should strongly consider signing up for a Caesars Sportsbook account.
Caesars Sportsbook has grown into a national sports betting brand. So, it’s no surprise that it offers competitive odds. Since no sportsbook has the best odds every time, the best they can do is offer strong odds compared to competitors. Here’s why Caesars Sportsbook should be on every sports bettor’s shortlist for apps to sign up for.
Caesars Sportsbook Best Point Spreads and Over/Under Odds
Point spreads are bets on a team’s margin of victory. Over/unders are wagers on whether both teams will above or below a certain number of points. That way, bettors can bet on teams that may not have a good chance of winning outright.
The standard odds on these bets are -110 on both sides. Sometimes bettors will find standard odds. But many times, the odds and spreads will deviate wildly from standard odds. That’s why odds shopping is as important for point spreads as other bets.
Bettors who bet the over or the underdog want higher spreads. +2.5 would be better for those bettors than +1.5. Bettors who bet the under or the favorite want smaller spreads. -2.5 is better for those bettors than -1.5. Bettors must take the spreads and odds into account when they’re betting. Here’s how to do that analysis:
|New York Liberty||+4 -110||+3.5 -105|
|Los Angeles Sparks||-4 -110||-3.5 -115|
On this line, Caesars Sportsbook has a slightly better spread. An extra half-point would improve it, but the wagers are equivalent. So, the odds are the tie-breaker. Caesars Sportsbook has better odds on the Sparks, and BetMGM has better odds on the New York Liberty. So, bettors would bet at different books for different teams.
Best Caesars Sportsbook Moneyline Odds
Moneylines are bets on which team will win. It doesn’t matter how many points the winner wins their game by. So, all odds shoppers have to do is find the best odds on the team they want to bet on.
Moneylines are especially popular ways to bet on baseball, so sportsbooks are always stocked on baseball moneylines:
|Chicago White Sox||+118||+115|
|San Francisco Giants||-140||-136|
On this set of baseball odds, Caesars Sportsbook has better odds on the White Sox, and PointsBet has better odds on the Giants. The small differences in odds can lead to lower losses, or even profit, in the long run.
Find The Best Caesars Sportsbook Futures Odds
Futures bets are bets on major events at a season’s end. They’re events like championship winners, award winners, and even division winners.
One way to measure a sportsbook’s competitiveness overall is by finding its futures’ theoretical holds. Theoretical hold is the profit sportsbooks expect to make from a group of wagers. High theoretical holds lower odds overall while low theoretical holds boost odds overall.
But theoretical hold isn’t the full picture. A book with a high theoretical hold can still offer the best odds on the line that bettors want to lay money on. Here’s an example:
|NFL Futures Theoretical Hold||17.03%||17.52%|
|Green Bay Packers||+1100||+1000|
Caesars Sportsbook and BetRivers have about the same theoretical hold. So as a group, their NFL futures are similar. However, Caesars Sportsbook’s Packers odds are 100 points better than BetRivers. Those differences illustrate why odds shopping is so important for bettor success.
Caesars has many sports markets to bet on. Caesars Sportsbook has many lines on the core professional sports: football, basketball, baseball, and hockey. Bettors can find sports like golf and tennis, but Caesars Sportsbook also offers lines on table tennis, darts, and rugby. Caesars Sportsbook offers leagues to bet on within each sport. Soccer is known across sportsbooks for the myriad of international leagues.
However, Caesars Sportsbook doesn’t offer the wide variety of sports that DraftKings does. There are niche sports like Gaelic hurling that bettors will find at DraftKings but not Caesars Sportsbook. It’s a minor shortcoming that’ll affect few bettors. However, it will reduce the live betting lines available at any given time. It’s a tradeoff that bettors will have to consider as they’re shopping for their primary sportsbook.
Caesars has several deposit methods that make funding its sportsbook accounts easy. Whether bettors want to deposit with their cards or sign up for Caesars’ VIP Preferred program, Caesars has deposit options available. The full list of deposit options includes:
- VIP Preferred eCheck
- Online Banking
- Play+ Card
Bettors have plenty of online deposit options available for their convenience. Online banking is the most convenient options for bettors whose banks allow direct deposits into sportsbooks. However, VIP Preferred eChecks are great backup options if bettors run into trouble with their banks or credit cards.
Caesars’s cash-out options are less diverse. However, that’s true at all sportsbooks. Even the few withdrawal options are convenient:
- VIP Preferred eCheck
- Online Banking
- Play+ Card
Caesars Sportsbook has some good withdrawal options. However, Caesars Sportsbook would be better if it offered PayPal or Skrill as withdrawal or deposit options. Online wallets are convenient backup options for bettors whose cards or banks block deposits. That added versatility would be a massive benefit for Caesars Sportsbook users. But overall, Caesars Sportsbook does a good job of allowing bettors to move money in and out of their accounts.
Caesars’s app has an elegant aesthetic that strikes a delicate balance between Caesars’ dark green and the bright white that highlights betting lines. Bettors can spend hours scrolling through Caesars’ lines without straining their eyes.
Navigating through Caesars’s app is easy, too. The home screen includes popular live bets and other featured sports betting lines. At the top of the screen, bettors can scroll through Caesars’s list of sports. The bet slip is in the middle of the bottom banner of the screen. Finally, Bettors can browse promotions one more tab over. But if bettors need support, they can find the support link in the top-right corner of the screen.
Overall, the Caesars mobile app is an excellent platform. It’s a smooth app that bettors can easily use, no matter how much betting experience they have.
Caesars has a beautiful app that new bettors can easily navigate. Its many deposit and withdrawal options give bettors the flexibility they need to manage their money. Caesars Sportsbook offers the most popular sports and leagues among Coloradans, so few bettors will struggle to find interesting betting lines. Its odds are usually strong, so this app is a must-check for sports bettors.
However, Caesars Sportsbook’s welcome bonus stands head and shoulders above most of Colorado’s sportsbook market. Bettors can follow Colorado Sharp’s link to a Caesars Sportsbook promo code to redeem a $1,500 risk-free bet. If bettors haven’t put Caesars Sportsbook on their radars, they should.
Is Caesars A Legitimate Company?
Yes. Caesars began as Eldorado Resorts in 1973 and quickly expanded into a multi-casino empire. Gradually, this company’s offerings grew to include online gambling apps and properties, and it only recently acquired William Hill.
Caesars Is Licensed By Colorado
All of Colorado’s licensed sportsbooks have this in common. A sports betting license signifies that a sportsbook has been studied by state regulators. Bettors can read Colorado’s licensing requirements to see how sportsbooks earn a license. But they can rest assured that licensed sportsbooks are, at a minimum, legitimate.
Why Bet At Caesars Instead Of An Illegal Sportsbook?
Legal sportsbooks must include the responsible gaming logo and problem gambling hotline on their websites. Colorado law wants to ensure help is near for bettors whose habits are out of hand. Licensed sportsbooks can’t cure problem gamblers. However, they can build safeguards into place for bettors to take advantage of.
And they do.
But illegal sportsbooks don’t care to limit their addicted gamblers. Bettors who only see potential rewards and never their losses are illegal sportsbook fodder.
Why Bettors Can Trust Caesars With Their Bank Accounts
So, Caesars is better than its illegal counterparts. But is it trustworthy enough to send money to? Based on its past performance, it can keep bettors’ money safe. It’s as secure as any other online business.
First, Caesars’s online security is tested before launch. Three months before it goes live, licensed sportsbooks are audited by independent auditors. They test server security and other behind-the-scenes performance issues. Once the auditors finish their report, they give a copy to the sportsbook and include recommended adjustments if needed. If a sportsbook is licensed by the Colorado Division of Gaming, its online security has been tested to ensure it can manage sensitive data.
Caesars is as secure a website as one can be. Bettors shouldn’t worry about depositing money into a Caesars account.
How To Register For A Caesars Account
Caesars starts the signup process easily. Bettors hit the gold ‘register’ button in the middle of their screens. First, they’ll enter basic information, including their names, emails, and phone numbers. Then they’ll set up their account passwords, security questions, and the last four digits of their social security numbers. Finally, bettors will give Caesars their addresses.
But that’s where the easy part ends. Caesars then requires a government-issued ID with a picture and a utility bill. It’s the first Colorado sportsbook–including the international sportsbooks–that requires a utility bill upload for betting. Bettors should have the paperwork ready before completing what should be a quick and painless signup procedure.
Caesars Sportsbook Fact Sheet
|Colorado Sports Betting Age||21|
|States With Caesars Sportsbook||AZ, CO, IN, IA, IL, LA, MI, NJ, NY, TN, VA & WV|
|Caesars Sportsbook Colorado Partner||Eldorado Resorts|
Caesars Sportsbook FAQ
All bettors have to do is withdraw their winnings from Caesars. The withdraw option is near the deposit option, so it’ll be easy to move money in and out. However, bettors can’t withdraw site credits from any of Caesars’s bonuses. Site credits are not the same as cash. It may sound unfair to some bettors, but Caesars won’t let bettors abuse bonuses for free cash.
Yes. It’s illegal for bettors outside Colorado to wager at Colorado sportsbooks. The Wire Act outlaws gambling information between states. It’s why every sportsbook must have different apps for each state. Caesars locates bettors before allowing them to wager. Bettors outside their state won’t be able to place bets. That way, Caesars ensures their users comply with the Wire Act.
Yes. Some of the first lines on Caesars’s home page are live games. If bettors only want to see live bets, they can filter the other lines out. Live betting is an engaging way to capitalize on the best odds. They change throughout the game, and surprise underdogs can create big wins for bettors.
Yes. Bettors can complete the first half of the registration process from anywhere. They just need an internet connection. However, they’ll need their utility bill ready to upload, and bettors may need to be near a printer at home for that part. iPhones can scan documents more conveniently than a fax machine. (It’s the camera button hidden in the notes app.) Although it can be done from anywhere in Colorado, it’s probably best done at home.
Caesars Sportsbook is legal in AZ, CO, IN, IA, IL, LA, MI, NJ, NY, TN, VA & WV.
Bank transfers are the most convenient deposit options. However, some banks still block direct deposits to sportsbooks and other igaming companies. So, VIP Preferred eChecks may be more reliable for more bettors.