DraftKings Sportsbook and Caesars Sportsbook are two of the best online sports betting sites in the country. DraftKings is a market leader in several states. Caesars is locked in a battle for third place with BetMGM Sportsbook in some states.
DraftKings has a 30% to 45% market share in dozens of states. Caesars averages about 10% to 15%. However, there’s not much of a difference between the two online sportsbook products. Both have:
- Generous welcome bonuses for new bettors
- Ongoing promotions for existing bettors
- All kinds of odds boosts, contests, and other betting promos
- Competitive odds
- Easy-to-use software available via mobile apps and websites
We've compared the two below in several important categories. If you’re asking whether you should place a bet with Caesars or DraftKings, this comparison might help you make that decision.
Caesars Sportsbook
Caesars is using a generous welcome bonus and the allure of its Caesars Rewards program to gain market share in several states.
Caesars Sportsbook posts consistently better odds than its competition does, and it regularly runs odds boosts, parlay boosts, profit boosts, bonuses, and free-to-play contests.
Pros of Caesars
- The most competitive odds
- Caesars Rewards
- Generous welcome bonus
Cons of Caesars
- Mobile app features are limited
- Slow load times reported
- Lengthier wait times for withdrawals reported
DraftKings
DraftKings Sportsbook is a market leader in several states due to its massive welcome bonus and the broadest range of available betting markets online.
That welcome bonus is worth up to $2,550. The value continues with various ongoing promos and DK’s always competitive odds. DraftKings also allows seamless movement between the sportsbook and DFS contests.
Bettors earn Crowns and Tier Credits in DraftKings' Dynasty Rewards loyalty program with every bet and contest entry. Ongoing promos also include free-to-play contests, odds boosts, and bonus bets.
Pros of DraftKings
- Easy-to-use software
- Single-account DFS and sportsbook access
- Generous welcome bonus
Cons of DraftKings
- Customer support access is sometimes limited
- Slower withdrawal times reported
- Higher vig reported
DraftKings vs. Caesars comparison
From a product perspective, there isn’t much difference between DraftKings Sportsbook and Caesars Sportsbook. The big difference is how popular the DraftKings product seems to be with players.
Both offer competitive odds, but the odds at Caesars are consistently better. Both have loyalty programs, but Caesars Rewards is widely considered the top loyalty program in US gaming.
Both use generous welcome bonuses and ongoing promos to attract new players and keep existing ones on board.
So, why is DraftKings beating Caesars in almost every market? The answer may be that the DraftKings brand has been around longer via daily fantasy sports. It has successfully leveraged its large DFS customer base and popular marketing and advertising campaigns.
Caesars vs. DraftKings banking options
Caesars and DraftKings have mostly the same banking options, although Caesars has a few more and faster options. As a result, Caesars wins the head-to-head comparison in this category. Here’s a look.
| Banking Methods | DraftKings Deposits | DraftKings Withdrawals | Caesars Deposits | Caesars Withdrawals |
|---|---|---|---|---|
| Online Banking | Instant w/ no maximum | 2-4 business days | (Trustly) Instant w/ no maximum | 2-4 business days |
| Instant Banking | Instant w/ no maximum | 2-4 business days | N/A | N/A |
| Debit/Credit Card | Visa, Mastercard | Within 24 hours (Visa); 1-3 business days (Mastercard) | Visa, Mastercard, Discover | (Direct to Debit) Less than 1 hour after approval |
| ACH/eCheck | Instant w/ variable maximum | 3-5 business days | Instant w/ variable maximum | At least 1 business days |
| PayPal | Instant w/ variable maximum | Up to 48 hours | Instant w/ variable maximum | Same day |
| Branded Prepaid Play+ Card | Instant w/ $2,000 maximum | Within 24 hours | Instant w/ $2,000 maximum | Less than 1 hour |
| Cash at Sportsbooks | Instant w/ no maximum | Within 10-12 hours | Instant w/ no maximum | Instant |
| Check | N/A | 7-21 business days | N/A | Up to 14 business days |
| PayNearMe | 15 minutes w/ $500 maximum | N/A | 15 minutes w/ $500 maximum | N/A |
| Venmo | Instant w/ $5,000 maximum | Within 24 hours | Instant w/ $5,000 maximum | At least 1 business day |
Caesars vs. DraftKings registration process
The registration processes are practically identical for Caesars and DraftKings. Neither wins this category as a result.
Caesars and DraftKings both offer website and app registration. Both ask for a username, password, and personal info that includes your name, email address, address, phone number, date of birth, and the last four digits of your SSN.
While Caesars asks you to enter a promo code to get the best bonus available, you must sign up through the links here to get the same from DraftKings.
Both will also ask you to accept specific terms and conditions and may require a copy of your driver’s license. Verification is almost always a same-day process with Caesars and DraftKings.
DraftKings vs. Caesars betting apps
DraftKings and Caesars have both designed fully functional sports betting apps for Apple and Android devices.
The ratings on the App Store and Google Play are both high. Plus, both make account management and navigation easy. The DraftKings app may have more features, but Caesars’ is more stable.
Ultimately, the choice is between additional features at DraftKings and the more stable software at Caesars. We prize the features, and since DraftKings doesn’t crash often, it’s tops in the mobile app category.
See more: Best sports betting apps
Caesars vs. DraftKings promotions and bonuses
Sign up for a new account with Caesars Sportsbook using the promo code NEWS1000 and get up to $1,000 in a bonus bet if your first qualifying bet loses.
Sign up for a new account with DraftKings Sportsbook through the links on this page, and you'll get a 20% deposit match bonus of up to $1,000, a $50 bonus bet with a $5 deposit, and a No Sweat Bet worth up to $1,500.
The sheer size of DraftKings’ welcome bonus gives it the edge here.
The available promos and the size of the welcome bonus give DraftKings a clear win in this category.
See more: Best sports betting bonuses & promo codes
DraftKings vs. Caesars state accessibility
Caesars Sportsbook is legal in: AZ, CO, DC (on-site only), IA, IL, IN, KS, KY, LA (varies by parish), MA, MD, ME, MI, NC, NJ, NV, NY, OH, PA, TN, VA, WV, WY.
DraftKings Sportsbook is legal in: AZ, CO, CT, IA, IL, IN, KS, KY, LA (varies by parish), MA, MD, ME, MI, NC, NH, NJ, NY, OH, OR, PA, TN, VA, VT, WV, WY.
Even though DraftKings' welcome offer isn't available in all states, it wins the accessibility and market share battle.
North Carolina launched online sports betting on March 11, 2024, and both DraftKings and Caesars sportsbooks have their respective NC sportsbook promos for bettors in the Tar Heel State.
Caesars vs. DraftKings odds
DraftKings may offer a more extensive variety of betting options surrounding major US and international sports. However, Caesars consistently provides the best odds.
In fact, Caesars is known for posting the best odds in the business, while DraftKings is the sportsbook with the highest vig. Consistently better odds give Caesars an edge over DraftKings (and others) in this category.
Caesars vs. DraftKings payout speed
Caesars and DraftKings offer similar withdrawal options along the same timelines. Payout speeds are mostly the same, but since Caesars has a slight edge in the number of fast payout options, it wins this payout speed category.
See more: Top 7 fastest paying sports betting sites
DraftKings vs. Caesars loyalty programs
You can connect your Caesars Sportsbook account to the popular Caesars Rewards program, allowing you to earn and redeem in a top loyalty program in the country.
Similarly, DraftKings offers membership in its Dynasty Rewards loyalty program, where you earn points with every bet redeemable for cashback and other bonuses.
Caesars Rewards is the top loyalty program in the US, giving Caesars the win in this category.
DraftKings vs. Caesars responsible gambling
Caesars Sportsbook has a responsible gaming program to prevent problem gambling and underage gambling. It also lets you set personal limits on gambling and self-exclude if necessary.
DraftKings is equally committed to responsible gaming. It encourages players to keep things fun, only bet what they can afford, and set reasonable limits. DraftKings also participates in problem gambling awareness and underage gambling prevention initiatives.
This category is tied, as both are doing more than required on the responsible gambling front.
Caesars vs. DraftKings customer service
DraftKings’ customer support is available via online request on the DraftKings Help Center. Live chat is also available via the Help Center during standard business hours.
The Caesars Sportsbook customer support team is available via phone, online, and email.
They’re easier to get a hold of, so Caesars wins the customer service category.
Conclusion: Is Caesars better than DraftKings?
DraftKings is the second-biggest online sportsbook in the country in terms of market share, behind only FanDuel. Caesars is in a battle for the leftovers with BetMGM.
DraftKings has a more feature-rich sports betting app; it’s in more states, has a bigger welcome bonus, and runs more ongoing promos at slower times.
But Caesars wins in terms of its loyalty program and customer service. Plus, its odds are consistently better.
However, in the end, DraftKings odds are competitive enough that it is the better online sportsbook when you add up the many things it does so well.
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DraftKings vs. Caesars FAQ
Which sportsbook is better: DraftKings or Caesars?
A comparison between these two licensed online sportsbooks shows they’re close, but DraftKings has a slight edge. Better odds usually make for the better sportsbook, but Caesars and DraftKings are too close to call on that front. All the other things DraftKings does well make it the better online sportsbook.
Can I use DraftKings and Caesars at the same time?
You can have accounts with both DraftKings and Caesars, and why not? Having accounts at both means you can take advantage of all the promos and contests each one makes available.
Which sportsbook is better for NFL betting?
Caesars and DraftKings are both great for NFL betting odds.
See more: Best football betting promos & bonuses
Is Caesars or DraftKings better for bonuses and promotions?
DraftKings has a bigger welcome bonus and runs more ongoing promotions in lean times for sports fans. This makes DraftKings the place for better bonuses and promos.
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