Readers can cover their first bet up to $1,000 with the Caesars Sportsbook promo code NYPNEWS1000 on any game this week. This is a classic first bet insurance offer that is common among the top sports betting sites.
If you win your first bet, it doesn’t earn bonus bets, but you still profit cash from the win. Conversely, Caesars will cover whatever your stake is in a loss up to that maximum $1,000 in bonus bets.
Click below to automatically apply promo code NYPNEWS1000 to your account registration with Caesars Sportsbook.
It only takes a few steps to place your first bet covered by the first bet insurance with Caesars.
- Use any module throughout the piece or click here to find the Caesars sign-up page.
- The promo code NYPNEWS1000 will be automatically applied to your new account.
- Make at least a $10 deposit and wager on any market or odds to qualify.
If you activate the first bet insurance offer Tuesday, it depends on the outcome of the wager. For example, a win doesn’t provide any bonus but you’ll have a cash balance in your account that can go towards another bet in the book.
However, if you miss your bet and earn bonus bets, these last for 14 days in your account. These are the longest lasting bonus funds of any current welcome promos.
This means you could use the bonus bets on the Final Four, national championship game or any other sport you prefer.
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The outcome of the wager dictates how the promo plays out. Let’s say I make a $500 same game parlay on Tuesday night for the Dallas Mavs to win outright and the over 232 points for +271 odds.
Unlike some other books, you’ll have to use the bonus bets in one lump sum. In the example above, I couldn’t split it into five bets of $100 but would need to fund another $500 wager with the $500 of bonus bets.
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Caesars Sportsbook recently launched in North Carolina and provides a different offer for new North Carolina bettors.
A $5 bet earns $150 in bonus bets no matter how the bet settles. This differs from the national offer in that you can pick a favored bet and potentially profit cash along with the bonus.
These bonus funds will also last for 14 days and can be used on wagers within the platform.
21+ only. New users and first $10+ wager only. Offer valid and must be physically present in AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, WV, and WY only. Know When To Stop Before You Start.® Gambling Problem? IL, KY, MD, NJ, OH, PA, TN, VA, WV: Call 1-800-GAMBLER. MA: CALL 1-800-327-5050 or visit gamblinghelplinema.org. NY: Call 877-8-HOPENY or text HOPENY (467369). ©2023, Caesars Entertainment