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New Caesars Sportsbook Promo Offers Insane $5,000 Risk-Free Bet After Rebrand

Ryan Metivier

by Ryan Metivier in News

Updated Aug 5, 2021 · 1:38 PM PDT

Caesars Sportsbook
Statues adorn the exterior of the Caesars casino on Oct. 1, 2020, in Atlantic City, N.J. On Monday, Jan. 25, 2021, parent company Caesars Entertainment appointed Joe Lodise to oversee the property. (AP Photo/Wayne Parry)
  • Caesars Entertainment completed its acquisition of William Hill during the first quarter of 2021
  • The Caesars Sportsbook brand will be replacing William Hill in the US
  • Read below for how you can claim a welcome offer of up to $5,000 risk-free

Earlier this year Caesars Entertainment, the country’s largest gaming operator, completed a purchase of William Hill for $4 billion. The move gives the US-based Caesars full control over William Hill’s land-based and digital gaming products in the US.

On August 2, 2021, Caesars Entertainment, Inc. released the launch of the brand new Caesars Sportsbook. This new Caesars Sportsbook brand will be replacing William Hill in the United States. However, William Hill will still be available as usual outside of the US. The app combines sports betting along with the company’s loyalty program, Caesars Rewards. Caesars Sportsbook offers a wide range of odds and limits for customers of all experience levels. No matter if you win or lose, customers will earn rewards through the Caesars Rewards program.

And now, new customers are eligible to claim an incredible welcome offer of up to $5,000!

Caesars Sportsbook $5,000 Welcome Offer Details

New users of the Caesars Sportsbook app are eligible for an incredible offer of up to $5,000. This far and away blows away all offers you can find at competing sportsbooks which often come in around $500 to $1,000 for new users.

The full requirements for this offer include:

  • Available in the states of NJ, MI, VA, TN, CO, IN, IA and WV, (not currently available in PA)
  • This new welcome offer is up to $5,000 risk-free
  • Only available to new users, not for existing William Hill customers
  • In order to receive this offer, new users must make a bet and lose to receive the credit
  • Only valid on your first bet and paid as a free bet credit
  • This offer is not any of the following: a deposit match, a free bet on deposit or registration, or a no-deposit bonus

>> Claim your risk-free welcome offer up to $5,000 at Caesars Sportsbook here! <<

How to Use This Offer

So how can you take advantage of this incredible offer in the upcoming sports calendar? Just because some of the major sports are still in their offseasons, doesn’t mean there aren’t plenty of betting opportunities. The Olympics are still in full swing with several major events on the go. Thursday night features the official kick-off of the NFL pre-season with the Hall of Fame Game between the Dallas Cowboys and Pittsburgh Steelers.

This weekend includes high-end horse racing at the Whitney Stakes, and UFC 265 featuring Derrick Lewis vs Ciryl Gane. In tennis, the National Bank Open presented by Rogers for both men and women also begins on August 9.

The Major League Baseball season offers daily betting opportunities and the European soccer season is just around the corner. Both the French Ligue 1 and England Championship seasons kick off on Friday, while England’s Community Shield between Leicester City and Man City takes place Saturday.

Meanwhile, on this side of the pond, Major League Soccer has a full schedule this weekend as well.

This offer is essentially a risk-free bet. No matter how much you usually bet, if you lose your first bet, you’ll be credited with the same amount. Therefore, if you’re bankroll allows it, depositing and betting $5,000 for this offer would be advantageous. Since, if you lose, you’ll receive a credit of the same amount.

As such, it will be best to look to some underdogs for this first bet. This way if you win, you could be in for a big payday, while also knowing that you’ll be credited in the event you lose.

The England Community Shield sees Leicester City as long +300 underdogs to Man City. While Pep Guardiola’s side is expected to win nearly every match, the Shield is likely very low on their list of priorities this season. A loss won’t change much for them. Whereas a win for Leicester could be a great start to get their season rolling.

The Canadian women may be longshots to win Olympic gold in soccer on Friday morning, but they’ve been proving their doubters wrong all tournament. They’ve medaled (bronze) in each of the past two games, and now as +400 dogs to win within 90 minutes against Sweden, they have a chance to cash a big payday for their backers. Canada is undefeated in this competition and has allowed just three goals in five matches. If they can keep things close against a high-powered Swedish attack, they could be good value.

Alternatively, if you simply want to collect a more likely, yet smaller payout with your initial bet, with no risk involved you could bet a heavy favorite with this offer. With French soccer kicking off this weekend, title favorites PSG are away to Troyes as commanding -370 favorites. Troyes won a title last season themselves, however, it was in France’s lower division, Ligue 2, and have been newly promoted to the top-flight. PSG are undefeated against Troyes historically in their past 14 matches. Troyes’ last win over the French giants came way back in 2001.

Another heavy favorite sees the Team USA men’s basketball team listed at -900 to defeat Team France in the Olympics. If you’re looking for something as close to a slam dunk as you can get, USA on the moneyline could be your play. France has only made it to the gold medal game once in their history, losing to USA at the 2000 Sydney Games. France did defeat the US in group play in the Olympics already, however, that USA team looked much different than the one that seems to have reached top form heading into the final.

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