Friday Jan. 28 sees the launch of the Caesars Louisiana online sportsbook. Sports fans who want to try their hand at sports betting at Caesars can get a 100% deposit match risk free bet worth up to $1,500. Of the four brands launching in Louisiana on day one of legal online sports betting that’s the biggest welcome bonus on offer.
A fortnight ago Caesars launched in New York and in the first eight days of sports wagering it blew away the competition. The Caesars New York sportsbook generated handle of over $257 million with revenues of $22.7 million. FanDuel came in second with $200 million in handle and $14.1 million in revenue.
In New York Caesars kicked off with a welcome bonus of up to $3,000, rapidly reduced to $1,500 after the first week. Average income in Louisiana is about 15% lower than in New York State. Caesars clearly hopes that it can achieve New York level market share with a Louisiana welcome bonus only half the size. They may be right; they do have some very clever marketing people but a lot rides on the decision.
Louisiana Sports Fans Can Claim Up To $1,500 In Welcome Bonus
If you are a sports fan in Louisiana and you want to try Caesars sports betting app follow these steps to get your hands on some of that bonus money:
- Go to the Caesars Louisiana sports betting home page by clicking on the links on this page.
- Click the Sign In button at the top right of the page.
- Select a user name and password then enter your personal details in the space provided.
- The Louisiana laws insist in full identity verification so you must also enter the last four digits of your social security number.
- Don’t forget to enter the promo code USBETTINGCZR to claim your bonus.
- You must confirm that you are over 21 and have read the terms and conditions and then submit the form.
- You are now registered at Caesars Louisiana sportsbook!
There is an Apple iOS app and a Google Android app available for betting on your smartphone or mobile device. Use the same log in details as for your desktop account.
After you log in you can see your pending bonus in your account. You will need to deposit some cash so you can make your qualifying bet. There are multiple deposit options in the cashier so you should find one that works for you. You must deposit a minimum of $50 to qualify for the welcome promotion.
If your first bet loses that’s when the Caesars promotion kicks in. Caesars will credit your account with a free bet token equal in value to your losing bet capped at $1,500. Effectively you get two chances to win your first bet.
Caesars Was Slow To The Online Sports Betting Market
Almost since the new legal state regulated sports betting began in New Jersey in May 2018, Caesars has been behind the curve. FanDuel, DraftKings and BetMGM rapidly secured the bulk of the market leaving Caesars with a low single figure market share.
All changed by April 2021 when Caesars completed its acquisition of William Hill. The acquisition gave Caesars access to better technology and a thoroughly experienced team of online sports betting industry experts. Now Caesars has a sports betting platform worthy of its brand. The new Liberty platform rolled out late last year giving Caesars a foundation to challenge the market leaders.
Caesars has thrown in its US marketing expertise with sports betting welcome bonuses that are hard to resist. Ironically, when internet gambling first began William Hill was itself slow to catch on. CEO James Henderson resigned in 2016 after a weak performance in internet gaming. New CEO Ulrik Bengtsson turned the company around making it a natural fit with Caesars which jumped at the chance to buy the online part of the company.
New York was the first new market where Caesars put everything together to establish a dominant market position right from the start. It now has a playbook for new state launches and we will soon see if that playbook holds good for Louisiana.