DraftKings vs. Caesars Sportsbook: Which Is the Better Option?

When it comes to sports betting in the United States, DraftKings and Caesars Sportsbook are two of the first names that come to mind. Both are well-established, reliable options and continue to rapidly expand into new states every year. As the two sportsbooks become more widely available, new customers find themselves asking the following question: DraftKings or Caesars?

DraftKings and Caesars Sportsbook each have so much to offer users, but which platform caters to your personal preferences and will provide you with a superior betting experience? Continue reading to learn how DraftKings and Caesars compare in terms of their welcome offers, availability, rewards programs, customer service, and more!

Brief Overview of DraftKings & Caesars Sportsbook

There is a lot to like about both DraftKings and Caesars Sportsbook. Listed below are some of the top features and benefits they have to offer customers!

Caesars and DraftKings Sportsbook each provide an incredible welcome offer to all new users in qualifying states. DraftKings is currently giving new customers the opportunity to receive $150 in bonus bets if they sign up now and win their first pre-game moneyline wager of $5 or more. The bonus amount will be delivered in the form of six (6) separate bonus bets that are each worth $25, and the bonus bets will be valid for a period of seven (7) days.

On the other hand, new customers of Caesars Sportsbook can sign up now and get a 100% refund of up to $1,250 in bonus bets if their first wager is unsuccessful. This exciting promotional offer requires an initial bet of at least $10, and the user will receive 1,000 Tier Credits and 1,000 Reward Credits regardless of the outcome. If their first wager loses, the bonus bet will be credited to the user’s account within two (2) business days, and it must be used within 14 days.

Neither the DraftKings Bet $5 Win $150 promo nor the Go Full Caesar promo is a significantly better opportunity than the other. Both offer something unique, and which option is preferred will likely depend on each customer’s personal preference and betting style. For instance, a user who plans on making a large deposit and betting big right from the start would likely benefit more from the Caesars welcome offer. On the other hand, a customer who is making a smaller deposit and just looking to try out a new platform would likely want to go with the DraftKings promotional deal.

In addition to their generous welcome offers, both DraftKings and Caesars Sportsbook offer a variety of ongoing promotions and bonuses to their existing customers. For example, DraftKings currently provides its users with no-sweat bets, profit boosts, odds surges, and referral bonuses. Caesars Sportsbook offers many similar promotions to its customers as well. Although it is close, DraftKings seems to have a slide edge in this category because they tend to offer a wider range of bonus opportunities on a daily basis.

Location & Availability

DraftKings and Caesars Sportsbook are both available in many U.S. states. Shown below is a list of all the states where at least one of the betting platforms has launched.

As you can see, there is a significant overlap between the availability of DraftKings and Caesars across the country. However, there are a few differences worth noting. Unlike Caesars, DraftKings Sportsbook is currently live in Connecticut, New Hampshire, and Oregon. On the other hand, Caesars Sportsbook is the only of the two currently available to Nevada bettors.

DraftKings vs. Caesars: Market Depth & Variety

Both platforms cover a wide range of betting markets and give their users many different options from which they can choose. Shown below is a complete list of all the sports currently available for wagers on Caesars or DraftKings Sportsbook.

Betting options for the most popular sports in the United States (basketball, football, baseball, etc.) are provided by both DraftKings and Caesars. In addition, the platforms offer wagers on niche sports such as darts, lacrosse, cycling, and several others. You are more than likely to have all your favorite sports and leagues from around the world covered by either sportsbook.

Types of Wagers & Live Betting

In terms of the types of wagers they offer, DraftKings and Caesars Sportsbook are two of the best in the business. Both include point spreads, moneylines, over/under totals, player props, team props, parlays, same game parlays (SGPs), and much more. This was a tight race, but DraftKings just barely gets the win over Caesars in this category because of its unbelievable amount of alternate lines and SGP options.

Furthermore, each online sportsbook allows its customers to place in-game wagers on a variety of different sports and leagues. When it comes to their live betting experiences, DraftKings tends to offer more types of bets, while Caesars generally offers wagers on a greater number of matchups and tournaments. Ultimately, you cannot go wrong with either option if you enjoy in-game betting.

DraftKings vs. Caesars Sportsbook: Odds Comparison

DraftKings and Caesars Sportsbook each provide some of the most competitive odds on the market. The platform with better odds can vary on different days and for different matchups. As a result, the best option may be to sign up with both online sportsbooks and shop around for the best odds. Although placing a bet at -110 odds instead of -115 odds or getting +3.5 points instead of +4.0 points may not seem like a big deal, it could very well be the difference between making money and losing it in the long run.

Customer Loyalty Programs

Two of the best customer loyalty programs among online betting platforms in the U.S. belong to DraftKings and Caesars Sportsbook. The Dynasty Rewards Program offered by DraftKings Sportsbook allows customers to collect Crowns and Tier Credits each time they place a sports wager, play an online casino game, or enter a daily fantasy sports (DFS) contest. Crowns can be redeemed for special prizes in the DraftKings Dynasty Store, while Tier Credits allow users to advance to a higher Tier Level and unlock incredible benefits along the way.

The Caesars Rewards Program works very much like the DraftKings Dynasty Rewards Program. Users can earn Reward Credits and Tier Credits for placing sports bets or playing casino games online or at any of the 50+ retail locations across the nation. Reward Credits work the same as DraftKings Crowns and can be used to earn rewards, while Tier Credits determine one’s Tier Level and which perks they are eligible to receive.

Although both rewards programs provide fantastic opportunities to sports bettors, the Caesars Rewards Program gets the advantage because of the wide range of prizes offered to users. Caesars customers currently have the chance to earn bonus bets for their online sportsbook and casino, hotel stays, spa treatments, dining experiences, and many other rewards provided by Caesars Entertainment resorts and casinos as well as other partnering companies.

DraftKings vs. Caesars: Deposits & Withdrawals

Many of the most popular options for making deposits and withdrawals are offered to users of DraftKings and Caesars Sportsbook. The tables below include comprehensive lists of the options available for each platform.

Deposit Options

Bettors can make deposits with DraftKings and Caesars using debit cards, credit cards, online banking, PayPal, Venmo, and several other payment methods. It is worth noting that the minimum deposit amount for Caesars Sportsbook is $20, while DraftKings has a minimum deposit amount of just $5.

Withdrawal Options

The withdrawal options provided to users of Caesars and DraftKings are fairly similar. However, based on customer reports and the estimated withdrawal times provided by each sportsbook, it seems that Caesars Sportsbook typically processes payouts much quicker than DraftKings.

Customer Service

The two online sportsbooks have much in common in terms of the customer service they provide. Both Caesars and DraftKings Sportsbook allow users to contact their support team by email, phone, and Twitter in order to get questions answered and issues resolved. In addition, both platforms provide plenty of helpful information on their websites covering topics such as the registration process, payment options, house rules, promotions, responsible gambling, and much more.

However, there is one major advantage Caesars has over DraftKings. Caesars Sportsbook offers a 24/7 Live Chat feature that allows customers to receive help immediately from a member of its support team. Meanwhile, DraftKings has a Live Chat option, but it connects you with a computer bot that refers you to its help articles or gives you the option to leave a message via email that will get a response at a later time.

DraftKings vs. Caesars: Mobile App Experience

In addition to their websites, DraftKings and Caesars Sportsbook have mobile apps that are available for iOS and Android devices and can be downloaded from the App Store and Google Play Store. The DraftKings Sportsbook & Casino app has an average rating of 4.8 stars on the App Store and 4.6 stars on the Google Play Store. In comparison, the Caesars Sportsbook app has a rating of 4.6 stars on the App Store and 4.4 stars on the Google Play Store.

Overall, both mobile apps are very user-friendly, aesthetically pleasing, and easy to navigate. In addition, DraftKings and Caesars each frequently update their apps in order to fix any bugs and address any customer complaints. However, the DraftKings Sportsbook & Casino app is generally less prone to buffering and crashes than the Caesars Sportsbook app. Therefore, DraftKings wins this round by a narrow margin.

Final Verdict: DraftKings or Caesars?

Choosing between DraftKings and Caesars is a very tough decision. Both platforms offer competitive odds, are widely available across the United States, and allow a wide range of payment options. As a result, it will come down to what you value most in a sportsbook and which criteria matter most to you. DraftKings Sportsbook provides a top-tier mobile experience, many different types of bets, everyday promotions, and a great opportunity to win $150 in bonus bets when you first sign up.

On the other hand, Caesars Sportsbook offers speedy payouts, fantastic customer service, a seemingly infinite amount of prizes through its customer loyalty program, and first bet insurance of up to $1,250 in bonus bets. Since both sportsbooks have so much to offer, your best option may be to sign up for both, shop around for the better odds, and figure out which platform works best for you in particular!