Caesars Sportsbook Promo Code: $1,250 For College Basketball Brackets

Written By Jeffrey Schreiber on March 16, 2023
caesars sportsbook bonus

The calendar has turned to March, which means the madness in college basketball is set to begin. The men’s NCAA college basketball tournament will tip off on Tuesday, March 14, 2023. A new Caesars Sportsbook promo code can lock in $1,250 on Caesars for wagering on the variety of bets being offered. Sign up and get first bet insurance up to $1,250, plus Caesar’s tier credits and rewards credits to use at Caesars properties. If your first wager loses, you will receive a bonus bet equal to the amount of that first wager.

Start by clicking PLAY NOW in the banner below, and use the Caesars sportsbook bonus code listed in the banner below during sign up.

Get Up to $1,250 in Bet Credits at Caesars Sportsbook
Up to $1,250
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+ get 1,000 Caesars Reward Credits
+ also get 1,000 Tier Credits
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Use Promo Code: LEGALFULL


Once you click the link above, and type in the promo code at the start of registration, follow the steps at the Caesars site to register for the sportsbook. You’ll need to enter some information to confirm your identity and eligibility, such as your:

  • Name
  • Date of birth
  • Phone Number
  • Home address
  • Last four digits of your social security number

When registering, you must use the promo code from the banner above. 

Once you register, make your first deposit of at least $10. Then, wager at least $10 on any March Madness market. If your first bet wins, you’ll be paid in full, but if you lose, Caesars will refund the amount of your first bet in the form of bet credits, up to $1,250.

The bet credits will hit your account immediately if your first wager loses. They must be used within 14 days.

With bet credits, when you make a follow-up bet, know that you will only keep the winnings if you win. So let’s say you place a $50 wager with bet credits and win $100. In this instance, you would only keep the $100; you wouldn’t get back the initial $50.

You will also get 1,000 Tier credits and 1,000 Reward credits in this bonus. You can use these toward experiences and events at Caesars properties, such as dining, shows, and rooms. The credits will be added to your account within seven days after your first wager settles.


With 68 teams invited to the big dance, the NCAA holds four play-in games to get the field down to 64, after which point the math works out to have four regional tournaments of 16 teams each. The winners of the four regional tournaments then advance to the Final Four, held this year in Houston.

March Madness begins on Tuesday, March 14, with two play-in games followed by two more play-in games the next night. After these First Four games, the field of 64 is set and the tournament begins on Thursday, March 16, with a full slate of games that will take place all day.

Here’s the schedule, round by round:

  • First Four: March 14-15
  • First round: March 16-17
  • Second round: March 18-19
  • Sweet 16: March 23-24
  • Elite Eight: March 25-26
  • Final Four: April 1
  • NCAA championship game: April 3 


The tournament will be shown across four channels: CBS, TBS, TNT, and TruTV. You can also stream the tournament by going to the NCAA’s March Madness live website or using its March Madness Live app. You’ll be able to watch games for free.


The Cougars are the overall favorites in March Madness odds to win the National Championship with a 29-2 record this season. Despite sporting a 25-6 record, Kansas is also a heavy favorite. The Jayhwaks have had some big wins including games against Texas, West Virginia, Baylor, TCU, Kentucky, Kansas State, Iowa State, and more formidable opponents.

The Crimson Tide rank third in defensive efficiency but just 20th offensively. Part of their lack of efficiency offensively is because they push the pace of games. They shoot a ton and try and run up and down the court as fast as possible, boasting the second-fastest pace of any team and third shortest possession length. They are yet to lose a home game this season.

Here is the complete list of favorites for the tournament and their odds.

Best College Basketball Sportsbook Bonus Codes and Promos

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+ also get 1,000 Tier Credits 
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Jeffrey Schreiber Avatar
Written by
Jeffrey Schreiber

Jeffrey Schreiber is a sports betting writer with TheLines and Catena Media. Jeff is recent college graduate with a background in finance and analytics. His goal is to provide readers with data and information behind the "why" to make a bet. His most memorable betting moment came during the divisional round of the 2022 NFL playoffs when he turned $37 in same-game parlay bets into $25,000.

View all posts by Jeffrey Schreiber