When was the last time your favorite NJ gambling website offered you a 100% match on your deposit? If it’s been a while and you’re a registered player at Caesars Online Casino, the offer I am describing for you here is far too good to miss.
Today (Aug. 19) is the last day of this special promotion that Caesars Casino & Sports has been running since last Friday, Aug. 16. So you will have to hurry to take advantage of the offer before it expires at 11:59 p.m.
Caesars will match your next deposit 100% up to $40!
Caesars online casino’s 100% deposit bonus
If you have an account at Caesars Online Casino and have not already opted into this offer, here are the simple steps you need to follow ASAP to receive your bonus.
- Log into your CaesarsCasino.com account today, Aug. 19.
- Click on My Account and then on My Bonuses.
- Enter the promo code MATCH40 and click on Get Details.
- Go to Available Bonuses and find the offer for 100% Bonus Match.
- Click on Deposit next to the bonus. Then make your deposit and claim your bonus.
Unlike some casino bonuses that players can request again each promotional day, this one can only be claimed once. So accessing the bonus today rather than earlier still entitles you to the same amount.
Only your first deposit of the day counts, and deposits made at the Caesars Atlantic City casino cashier’s cage or via PayNearMe don’t count.
How much should you deposit?
The minimum deposit to get a bonus is only $10. However, you are strongly advised to deposit exactly $40 instead so you can get the maximum bonus that the casino is offering, which is also $40. Your next opportunity to get a dollar for dollar match on your deposit might not come anytime soon, so it would be foolish to shortchange yourself.
On the other hand, unless you absolutely need to have more money in your account to make your usual wagers, you gain no advantage at all by depositing more than $40. You will not get a bigger bonus. You will also lose out on the biggest advantage that this bonus has going for it — a 100% match of your deposit.
As with all deposit match bonuses, before the casino will let you withdraw any part of the bonus, your deposit equal to the bonus, or any resulting winnings, you will need to meet the stipulated wagering requirements.
Unfortunately, for this bonus, like most other deposit match bonuses at Caesars Online Casino, the wagering requirements might be more than you were expecting, however. That is because instead of being based solely on the amount of the bonus, they are based on the bonus and deposit combined.
You can clear the bonus with any online casino game you wish, but not with sports bets. Depending on the type of game you choose, here is the amount you will need to wager:
- Slots: 5x bonus + deposit
- Video Poker: 10x bonus + deposit
- All Other Games: 25x bonus + deposit
You have up to seven days to complete the wagering.
Additional terms and conditions
As soon as you finish clearing the bonus, provided you do so in time, whatever you have left of your bonus, deposit, and winnings, will become available for you to withdraw. However, if you should cancel the bonus, attempt to withdraw any of these funds before they become available, or fail to complete the wagering within the allotted time frame, you will forfeit both the bonus and any resulting winnings.
Impact of including the deposit in the wagering requirements
Because the bonus and deposit are exactly the same, the effect of requiring you to wager an equal multiple of the two combined is to double the amount of wagering you would need to do otherwise.
More specifically, this means that if you deposit $40, as you should, to get the maximum $40 bonus, your wagering requirements to clear the bonus will be as follows:
- Slots: 5x $80 = $400
- Video Poker: 10x $80 = $800
- All Other Games: 25x $80 = $2,000
Obviously, it would be much better if the wagering requirements were based solely on the bonus, as it is at most NJ online casinos, and your deposit wasn’t factored into the equation at all. However, what keeps the amount of wagering from getting out of hand is the fact that this is a 100% deposit match bonus.
If this were a 50 percent deposit match bonus instead, your wagering requirements based on the bonus and deposit combined would be triple what they would amount to otherwise. Instead, the existing wagering requirements are no higher than what they would be at other casinos with a 10x bonus wagering requirement for slots and a 50x bonus wagering requirement for other games.
A 100% deposit match at Caesars
Even with the increased wagering requirements due to being based on the bonus and deposit combined, this is still a great offer. Here are the reasons why.
Rare opportunity to get a dollar for dollar match on your deposit
If you play on multiple NJ gambling websites, you don’t need me to tell you that 100% deposit match offers extended to existing players are few and far between. For new players, such offers are the rule rather than the exception, but afterward, the reverse is true. In fact, deposit matches of 25% or less are not uncommon.
Caesars is one of the few NJ online casinos that offers 100% deposit match bonuses to existing players at all.
Great bang for your buck
No other deposit match bonus offered by any NJ online casino offers you greater bang for your buck than a 100 percent deposit match bonus. Not only are these bonuses a quick and easy way to double the amount of money you’re adding to your account; you can rely more on the casino’s money rather than your own for clearing the bonus. That means much less risk to your bankroll.
Across the board appeal
Today’s bonus is capped at $40, which isn’t a lot, but it’s not so tiny either that you’re likely to dismiss it as a waste of time. More importantly, the deposit of $40 that you will need to make to get the maximum bonus is small enough so almost any player can afford it. Small players can participate, too
As for those of you whose average wager is much more than $40, think of the bonus this way. Making the requisite deposit and clearing the bonus will be almost effortless — a piece of cake.
Ample time to clear the bonus
The casino is giving you up to seven days to clear your bonus. That’s plenty of time. If you’re accustomed to making small wagers, meeting wagering requirements for a $40 bonus in one day might seem like a tall order, but you don’t have to do that.
You can take the $40 bonus and clear it with slots, but spread the $400 wagering requirement equally over seven days. That way you won’t even have to wager $60 per day.
The bottom line
If you’re a Caesars Online Casino player, don’t even think twice about accepting this outstanding offer. Deposit match bonuses come in many varieties and sizes, but bigger isn’t always better. This offer to match your deposit dollar for dollar is as good as deposit match bonuses get.
So grab it today before it’s gone!
The legalization of sports betting in New Jersey and other parts of the United States has undoubtedly been a positive. Alongside regulations, new safeguards for consumers and, of course, a myriad of ways to wager money, the advent of legal sports betting has brought with it a ton of benefits.
However, in among the patches of light, fantasy football has been cast into the shadows. Even though Daily Fantasy Sports (DFS) is still a thriving industry, there’s no doubt regulated sports betting has stolen the limelight over the last 12 months.
Fantasy football remains a draw
With the new football season glinting on the horizon, the status of fantasy leagues has become a topic of debate. Will activity at the top fantasy football sites drop due to sports betting? Or, will betting on sports help DFS and the fantasy football sector?
The answer, obviously, is complex. If we look at the facts, there’s still plenty of prize money out there for the top tipsters. For example, the Fantasy Football Players Championship’s main event has a $3.1 million prizepool and a top prize worth $500,000.
That’s the tip of a much larger iceberg and, when you put some of the prizes in context, they’re more valuable than the average sports win. However, what legal sports betting offers is a more instant form of gratification. When you join a licensed NJ sportsbook, you can place a bet and collect your winnings in minutes.
With fantasy football, the rewards only come at the end of the season. Based on this, sports betting has the edge as it offers an instant form of entertainment. Of course, there plenty of people that love the season-long grind of fantasy football. However, the internet is also a fast-paced world where people want answers and outcomes in seconds. With that being the case, fantasy football revenue could take dive over the coming weeks and months.
DFS operators looking to score with sports betting
During a 2018 interview with VentureBeat, DraftKings CEO Jason Robins admitted that his company’s foray into sports betting was an eye-opener. Even though DraftKings has a 60% share of the DFS market and banks around $500 million in revenue, its earnings from sports betting have been impressive.
“We were the first to get a sports book license in New Jersey, and the results are just blowing away our expectations,” Robins said in 2018.
Robins went on to say that sports betting regulation puts the DFS-debate to bed. In other words, questions regarding the legality of fantasy sports is becoming a moot point as states enact their own regulations.
In light of this, DraftKings is embracing sports betting and expanding its interests within the industry as much as possible. For consumers, this should be seen as a positive as it will create crossover innovations. If we look back to March Madness, DraftKings ran a free bracket via its sports betting app. Offering two separate prizepools worth $80,000, the promo was a way for sports bettors to take part in a DFS-style competition.
Crossovers will keep fantasy football alive
Looking ahead to the new football season, we’re likely to see more hybrid offers. DraftKings and FanDuel will be the obvious source of these crossovers. However, there’s no reason William Hill, BetStars and New Jersey’s other online sportsbooks can’t get in on the action.
For example, a bookmaker could create a fantasy football-esque competition where players earn points based on their team’s performance. At the end of a specified time period, the top performers could win a share of a prizepool made up of cash or bonus credits. Through these promotions, both verticals should, in theory, thrive.
Of course, legal sports betting isn’t available in every state right now. Therefore, fantasy football will remain a draw across the US as a whole. However, in New Jersey and other likeminded states, it’s a fair bet that fantasy football activity will take a dip this season.
But, even if that does happen, new doors should open up. As bookmakers find ways to tap into fantasy football and DFS sites embrace sports betting, opportunities will abound. So, even if fantasy football has been pushed into the shadows, the sun isn’t likely to set on the industry anytime soon.