Caesars Sportsbook promo code NYPNEWS1000 is your ticket to a max $1,000 first bet “on Caesars,” meaning you’ll be refunded in bonus bets equal to what you lost if your first wager on the platform loses.
This is similar to “no sweat” bets offered by other sportsbooks.
Click here to activate the offer or enter Caesars Sportsbook promo code NYPNEWS1000 at checkout.
There are two big notes with this promo — 1) the insurance treatment will be applied to your first bet on the platform, and 2) at Caesars, you’ll get back one big bonus bet equal to what you lost, instead of several in smaller increments.
This Caesars Sportsbook offer is available in 19 states. Caesars also operates in Nevada, but requires in-person signups and has a different platform.
Here are the states where you can get the $1,000 first bet on the house:
Time to dive into an example of how this could play out on Thursday. We’ll target Saints-Rams on Thursday Night Football.
Say I deposit $200 and put it all on Chris Olave to score a touchdown at +200.
OK, so what can I do with this $200 bonus bet? I’ll have to wager it (successfully, of course) to turn it into actual cash.
Say I take my $200 and put it on Georgia Tech +175 in Friday night’s Gasparilla Bowl.
- You must place your first bet within 30 days of signing up at Caesars, or else you’ll forfeit this bonus.
- Your first bet “on Caesars” can be placed on any bet in any sport.
- You have 14 days to use the bonus bet if your first bet loses.
- If your bet loses, you’ll get one big bonus bet back equal to what you lost — you can’t split it up into smaller bonus bet wagers.
- Caesars Sportsbook operates in 19 states — AZ, CO, IA, IL, IN, KS, LA, MA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, WV, or WY. It’s also in Nevada, but it’s a different platform and requires in-person signups.