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Caesars Sportsbook, one of the biggest sports betting sites in America, currently offers a bet insurance promotion in 22 states (AZ, CO, MA, IA, IL, IN, KS, KY, LA, MA, ME, MD, MI, NC, NJ, NY, OH, PA, TN, VA, WV, WY). You can sign up with the Caesars Sportsbook promo code CTNEWS1000 and unlock a $1,000 bet insurance welcome offer.
As is the case with similarly structured offers, you’ll get the value of your first cash bet of the day if your wager settles as a loss.
You can either use the hyperlink and bonus code above, or the module below to get started.
$1K Bet Insurance
Important T&Cs
New customers only
21+ only
Must be present in legal state (residency not required)
$10 cash deposit required
Pay out as one singular bonus bet equal to value of your cash wager, valid for 14 days from distribution
As mentioned above, with the payout Caesars Sportsbook is unique in two ways. For one, the payout comes as one singular bonus bet. So if you place a cash stake of $320 and lose, you’ll get $320 as a bonus bet. It cannot be broken down or wagered in part.
Additionally, any bonus bet earned from Caesars Sportsbook is valid for 14 days from the point of distribution which is twice as long as the time of most other sportsbooks.
How to sign up with Caesars Sportsbook
Use the module or hyperlink above to access Caesars Sportsbook landing page
When prompted, input CTNEWS1000 to claim the bet insurance offer
Finalize account with relevant personal details (home address, birth date etc.)
Make a cash deposit of at least $10 to register your account
Place your first cash wager
Wagering with Caesars Sportsbook
Bet insurance offers of this nature are fairly common and present new players with an excellent opportunity to test the waters at a sportsbook. In general, these types of offers are best suited to an underdog market.
Say you put down a $410 cash stake on the Mavericks moneyline at +200 for Game 1 of the NBA Finals. With a win, you’d earn $820 in profit plus you’d keep the original $410 cash stake. Since you won, you wouldn’t earn any bonus bets.
Conversely, if that cash wager lost, you’d earn one bonus bet equal to $410. As mentioned above, based on the structure of the offer, you wouldn’t be able to break it down into smaller incremental wagers and would have to bet it in full to withdraw any potential winnings.
21+ only. New users and first $10+ wager only. Offer valid and must be physically present in AZ, CO, IA, IL, IN, 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, 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). ©2024, Caesars Entertainment
