Caesars Online Casino Deposit $40, Get $20 Offer Is Back!

Barbara Nathan Updated on July 12, 2019

If Caesars Online Casino is one of your favorite NJ gambling websites, after this weekend it will be an even bigger favorite of yours.

That’s because, once again, Caesars is repeating one of its best and most popular weekend promotions. Deposit $40, Get $20.

How the Caesars Online Casino Deposit $40, Get $20 offer works

If this were just a one time offer, you would probably shake your head and think what’s so great about that. After all, $20 is a very small amount for a bonus.

However, unlike most NJ online casinos bonuses, this one from Caesars is not a one time offer. On the contrary, you can claim the same bonus up to four times–once every day for four days in a row.

All together, that’s $80 in bonus money, and all you have to do to get it is make four separate deposits of $40 each. This adds up to four consecutive 50 percent deposit match bonuses. Or, if you miss day 1 (Friday) and have to start on day 2 (Saturday), you will get $60 in bonus money, which is still very good. It may be the sweetest daily deal that you have seen online in a while (or at least since the last time Caesars Online Casino offered it). But after Monday, July 15, it will be history, so you will have to act very fast.

A better offer than last time

The last time Caesars offered a similar promotion was from May 31 to June 3. You might have taken advantage of that offer because I described that May into June bonus opportunity in my May 31 post on this website. However, that time Caesars required you to make a minimum deposit of $50 each day. Since the daily bonus was still $20, instead of being a 50 percent deposit match, it was only a 40 percent deposit match. For the last Deposit $40, Get $20 offer, you have to go back to Easter weekend, April 19-22.

However, it’s July now, and hot weather calls for the hottest summer bonuses you can find. That’s why you’ll be very pleased to know that this weekend, the 40 percent bonus is out and the 50 percent deposit match bonus is back in! Over the four days of deposits, that’s $40 less money for you to put up, yet the casino is giving you exactly the same amount in bonus money!

How to get your four daily bonuses from Caesars Online Casino

Your four days of bonuses start Friday, July 12 and end Monday, July 15. You don’t have to participate all four days, but doing so is strongly recommended so you can get the full benefit of the offer. Here is what you need to do to get each of your daily bonuses.

  • Log into your CaesarsCasino.com account.
  • Click on My Account and then on My Bonuses.
  • Enter the code Daily20 and click on Get Details.
  • Locate the Deposit $40, Get $20 offer under Available Bonuses.
  • Click on Deposit next to the bonus. Then make a single deposit of $40 or more and claim your bonus.

As soon as Caesars receives your qualifying deposit, your $20 bonus will be credited to your account immediately.

Keep in mind, however, that while you can and should claim this same offer all four days it is available (following the above steps each time), on any given day, you can only claim the offer once and with a single deposit. As always, avoid making your deposits at the Caesars Atlantic City casino cashier’s cage or through PayNear Me since those deposits won’t count.

Your Best Bet: Deposit exactly $40 each day

Obviously, it would be pointless to make any deposits for less than $40 because then you won’t get a bonus. However, unless you absolutely need more money in your account for your usual size wagers, there is no good reason to deposit more than $40 either.

One of the best features of this bonus offer is the opportunity to get a bonus amounting to half of your deposit four days in a row. So don’t negate that advantage by depositing more money than necessary. Each daily bonus is fixed at $20 and will not increase if you deposit more than $40.

Furthermore, you have plenty of time to complete the wagering requirements for each bonus. So no need to rush and get it all done in one day, particularly if you see that luck isn’t going your way. Take a break and wait until the next day to make your next $40 deposit, collect another $20 bonus, and resume playing.

Wagering requirements for the bonus

You can clear each bonus with any casino game you wish, with the exception of sports bets. Depending on your game choice, each $20 bonus that you receive comes with the following wagering requirements:

  • Slots: 5x bonus
  • Video Poker: 10x bonus
  • All other games: 25x bonus

Therefore, since each bonus is fixed at $20, the total amount you would need to wager amounts to the following:

  • Slots: $100
  • Video Poker: $200
  • All other games: $500

Additional terms and conditions

Since the same bonus is being offered to you four days in a row, you might be wondering if you need to finish clearing the previous day’s bonus before you can claim the bonus for the next day. The answer is no. Caesars Online Casino allows you to have multiple active bonuses in your account simultaneously.

You still can only work on clearing one bonus at a time. But the good news for you is that you have up to seven days from the time you receive any given bonus to complete the wagering. So, by all means, take advantage of these generous terms and spread out your play at a pace that’s comfortable for you and your bankroll.

As with all casino bonuses, while the wagering for a given bonus is still in progress, the bonus, your $40 deposit tied to the bonus, and any bonus-related winnings will all be temporarily locked into your account. You will be able to withdraw all of these funds (or whatever is left of them) as soon as the bonus in question is fully cleared, provided you do so within the allotted seven days time frame.

However, canceling a bonus, attempting to withdraw unavailable funds prematurely, or failure to complete the required wagering on time will result in your forfeiting both the bonus and any related winnings.

Why the four straight days of bonuses at Caesars are too good to pass up

The July 12-15 Deposit $40, Get $20 offer is open to any registered CaesarsCasino.com player. If that includes you, if you’re smart, you’ll not only say yes to this offer, but claim your bonus on all four days of the promotion.

But for the benefit of those of you who are still not convinced, here are the reasons why letting this promotion get away from you would be a big mistake.

Four days of bonuses give you more chances to win

Most deposit match bonus offers, even when the promotion period extends over more than one day, can only be accessed once. Wagering requirements vary, but whatever they are, before you will actually be able to withdraw any of your deposit, bonus, and associated winnings, the bonus needs to be fully cleared. Since all of the necessary wagering is tied to that one deposit, the total amount could easily exceed your comfort zone, especially if you find yourself on a losing streak early on. If you deplete the funds in your account trying to clear the bonus, tough luck. You could make another deposit, but you won’t get another bonus

An offer like this where you can get the same repeatable bonus four days in a row is a more affordable alternative. For starters, you may find making four small deposits (in this case $40) over the space of four days more convenient than depositing a large amount of money (in this case $160) all at once.

Another advantage is that instead of all your wagering being tied to the same deposit, you get to clear each bonus separately. This means lower wagering requirements to clear each bonus and quicker access to them.

Lastly, each succeeding bonus builds on the preceding ones and gives you more ammunition to work with to try to win more money. If you experience good luck from the outset, you’re in great shape. But even if the opposite is true, you can still finish ahead. The latest bonuses might prove just what you need to recoup whatever money you lost and more.

Great bang for your buck

As an existing player, any time you are offered a 50 percent deposit match bonus, you should seriously consider it. Granted, a dollar for dollar match on your deposit would be even better. But the problem is that for the most part, NJ online casinos only offer them to new players signing up for the first time. Those offers for existing players are so few and far between that if you insisted on accepting nothing less, you would be waiting a very long time for your next bonus.

Most of the deposit match bonuses being offered on NJ gambling websites are for percentages that are much lower than 50 percent, many as low as 20 percent or even less. The lower the percentage match, the more you have to dip into your own deposited funds to clear the bonus. If money is tight, this is not a good thing.

A 50 percent deposit match gives you much better bang for your buck, especially this one since you can get it four days in a row.

Very reasonable wagering requirements

If you play at Caesars Online Casino regularly, you have no doubt noticed that this casino usually imposes a special rule not typically found at other NJ online casinos, Much more often than not, instead of just the amount of the bonus determining what the wagering requirements will be, the deposit amount also figures into the equation. At the very least (and only when the deposit and bonus are the same amounts), the effect is to double the wagering requirements over what they would be otherwise. But in this case, because the deposit is twice the bonus, the effect would be to triple the wagering requirements.

However, with the Deposit $40, Get $20 offer, you won’t encounter that problem since the wagering requirements are based solely on the bonus.

In order to get all four $20 bonuses, you do need to deposit $160. Or, if that amount is too much, you have the flexibility of claiming the offer less than four times. That way both your depositing and wagering requirements will be even less. However, as long as you can afford it, your best bet would be to make all four deposits and get all four bonuses. Each bonus comes with its own up to seven days period to clear it, so you have plenty of time.

The bottom line

How can you say no to an offer with so many great features working for you all rolled into one? Opt in every day and collect four days of daily bonuses.

 

 

 

 

 

 

 

 

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