Caesars Sportsbook Colorado Promo Code & Sportsbook Review 2023

Up To $1,250
First Bet on Caesars - T&C Apply
4.5
Overall
Bonuses and Promotions
5.0
Odds VS. The Competition
5.0
Market Depth & Variety
4.7
Deposit & Cash Out
4.4
Mobile App
4.5

Use our exclusive code SHARPBETFULL to get your first bet on Caesars up to $1,250.

The new user bonus also comes with 1000 Tier Credits and 1000 Reward Credits® for the Caesars Rewards program!

As one of the top online sportsbooks in the industry, there isn’t much to not like when it comes to the Caesars Sportsbook app.

Here’s everything bettors need to know about Caesars Colorado Sportsbook.

Fantastic Rewards Program
Convenient Banking Options
Slick App

**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.

See Caesars in Action

 

Caesars Colorado Promo Code January 2023

Use our exclusive Caesars Colorado promo code SHARPBETFULL to get your first bet on Caesars up to $1,250. If you lose your first bet, you’ll get a bet credit worth a maximum of $1,250.

Caesars is also offering new users 1000 Tier Credits + 1000 Reward Credits®, win or lose! Terms and conditions apply. 

Caesars Promo CodeSHARPBETFULL
First Bet is on CaesarsUp To $1,250
Rewards Program Bonus1000 Tier Credits + 1000 Reward Credits®
Caesars Sportsbook StatesAZ, CO, IN, IA, IL, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA & WV
Last VerifiedJanuary 2023
5
Promos

The $1,250 bet credit is one of the highest values offered at any sportsbook.

New bettors can use our promo code SHARPBETFULL to redeem this large welcome bonus.  

Beyond the $1,250 first bet bonus and 1000 Tier Credits + 1000 Reward Credits®, Caesars has one of the best rewards programs in the industry. Each wager placed earns rewards credits, regardless of the outcome. Bettors can spend those rewards points on bonuses like stays at Caesars hotels and bet credits on the mobile app. 

Ongoing Promotions at Caesars

The bonuses don’t stop after your foot is in the proverbial door. Caesars does a good job of offering ongoing promotions to existing users. You can always find boosted odds at the top of the home screen on the app.

Here are some examples of the ongoing promotions and boosted lines that were available on Oct. 28:

  • MLB Same Game Parlay Profit Boost: Place a parlay of at least 4 legs on the Phillies/Astros World Series game and if your bet hits, Caesars will boost your profits by 25%.
  • NFL First TD Scorer Boost: Place a first touchdown scorer wager and receive a 25% profit boost if your bet hits.
  • CFB Parlay Boost: Place a college football parlay with at least 4 legs and +400 minimum odds. If your bet hits, you’ll receive a 33% profit boost.
  • Odds Boosts
    • CFB: USC, Arizona State, and UCLA all cover 16.5 spread, boosted to +750
    • NFL: Broncos Win and Courtland Sutton has 75+ receiving yards, boosted to +400
    • NHL: Sabres, Red Wings, and Maple Leafs all win – boosted to +550
    • NBA: Chris Paul or Mikal Bridges scores first field goal – boosted to +575
    • EPL: Tottenham, Cyrstal Palace, and Brighton all win – boosted to +550
    • UFC: Arnold Allen submission win vs Calvin Kattar – bsooted to +700
5.0
Odds

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: 

 Caesars SportsbookBetMGM
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

Moneyline wagers are among the most popular bet types because they are the most straightforward. When you place a moneyline bet, you’re simply wagering on who you think will win. The number of points scored and the margin of victory has no bearing on the outcome of your wager. So, all odds shoppers have to do is find the best odds on the team they want to bet on. 

Here is how Caesars moneyline odds stack up for the Broncos-Jaguars game compared to DraftKings and FanDuel.

 Caesars SportsbookDraftKingsFanDuel
Denver Broncos+115+110+116
Jacksonville Jaguars-135-130-136

While Caesars doesn’t offer the best price for either team, its Broncos price is better than DraftKings and its Jaguars odds are better than FanDuel. This example shows why it’s so important to have multiple sportsbook accounts so you can line shop to find the best available odds.

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. 

As with the examples above, we’re just searching for the best odds for the best potential payout. Here’s the Denver Nuggets NBA Finals odds across Caesars, BetMGM, and BetRivers.

 Caesars SportsbookBetRiversBetMGM
Nuggets Finals Odds+1800+1600+1600

Caesars has the best odds for a Nuggets NBA Championship at +1800 compared to +1600 for both BetMGM and BetRivers. Placing a $100 wager at Caesars would net you $200 more compared to BetMGM or BetRivers.

4.7
Depth

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.

4.4
Cashout

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:

  • Visa
  • MasterCard
  • Discover
  • VIP Preferred eCheck
  • Online Banking
  • Play+ Card
  • PayNearMe

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.  

4.5
App

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. 

4.5
Overall

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. 

 

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 Age21
States With Caesars SportsbookAZ, CO, IN, IA, IL, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA & WV
Caesars Sportsbook Colorado Partner Eldorado Resorts

Caesars Sportsbook FAQ

How Do Bettors Collect Their Caesars Winnings?

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 bet credits from any of Caesars’s bonuses. Bet 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.

Do Bettors Have To Be In Colorado To Bet At Caesars?

Yes. This goes for Caesars as well as all legal Colorado sportsbooks. You can use your Caesars Sportsbook account in any state where Caesars is licensed, however.

Does Caesars Have In-Play Betting?

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.

Who Is Caesars Partnered With In Colorado?

Caesars Colorado partnered with the Isle Casino and Lady Luck Casino in Black Hawk. These were Caesars’s first retail sports betting locations. It provided kiosks to both these casinos. The kiosks are Caesars’s bread and butter, so they’re worth checking out.

Can Bettors Register For A Caesars Account From Anywhere In Colorado?

Yes. All sportsbook apps use geolocation technology, so as long as you’re inside Colorado state lines, you can register for a Caesars sportsbook account.

Where is Caesars Sportsbook legal?

Caesars Sportsbook is legal in AZ, CO, IN, IA, IL, KS, LA, MD, MI, NJ, NY, OH, PA, TN, VA & WV.

Does Caesars Sportsbook have a promo code?

Yes! New users who sign up with Caesars Sportsbook promo code SHARPBETFULL can get their first bet on Caesars up to $1,250 plus 1000 Tier Credits and 1000 Reward Credits®.

What Is The Best Way To Deposit At Caesars?

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.

About the Author

Christopher Gerlacher

Christopher Gerlacher is a freelance writer tucked into the foothills in Colorado Springs. He works as a content writer, a professional resume writer, and authors search engine optimized professional articles in multiple industries.