Caesars Rewards Points Value by Redemption Method Redemption OptionsValue per PointValue per 1,000 Points Casino gambling0.5 cents$5 Gift Cards0.35 cents$3.5 Shopping at certain outlets0.33 cents – 0.67 cents$3.3 - $6.7 Merchandise0.3 cents$3 3 more rows May 22, 2024