Caesars Sportsbook, one of the premier American sports betting brands, now offers a generous bet insurance welcome promotion across the country.
You can use the Caesars Sportsbook promo code CTNEWS1000 to get up to $1,000 in bonus bets if your initial cash wager loses in 20 states (AZ, CO, MA, IL, IN, IA, KS, KY, LA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, WV, WY).
Activate this offer with this link and that bonus code.
Since this is a bet insurance offer, you’ll get the value of your cash stake back as bonus bets if your wager loses. You’ll only earn bonus bets if you lose so it’s worthwhile to test your luck on an underdog. If you win, your payout is substantial, if you lose you’ll get the bonus bets.
Caesars Sportsbook in NC and elsewhere
Beyond the national offer, Caesars Sportsbook has two more specialized promotions that we’ll detail below.
The first is an exclusive for North Carolina following the launch of online sports betting on March 11. Use the Caesars Sportsbook promo code CTNEWSNCBG and this link to sign up for an account. Place a cash bet of $5 and get $150 in bonus bets when it settles, regardless of whether you win or lose.
Finally, Caesars Sportsbook also has a unique profit boost offer in Iowa, Maryland and Maine. Activate the offer with this link and the promo code CTNEWSDYW to get ten 100 percent profit boosts with a wager of $1 or more.
So, to summarize, there are three diffferent Caesars Sportsbook promo codes that all correspond to different offers in different locations
CTNEWS1000: $1K Bet Insurance (AZ, CO, MA, IL, IN, IA, KS, KY, LA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, WV, WY)
CTNEWSNCBG: Bet $5 Get $150 in bonus bets (NC only)
CTNEWSDYW: Bet $1 Get Ten 100 percent profit boosts (IA, MD and ME only)
Wagering with Caesars Sportsbook
Since each of these offers are distinct, each one has different effectiveness. As noted above the bet insurance offer is a good starting point if you’re inclined to bet on an underdog. The bet and get, with the low wager threshold and basic bonus bet guarantee, is better if you’re inclined to playing it safe.
The profit boost promotion is a solid option for players who want to spread their bets around a bit, put multiple irons in the fire.
As such, we’ve outlined a couple potential wagers below.
Say you’re eyeing a totals bet on the Bulls vs. the Knicks on Sunday. Hypothetically, the expected total is 223.5 (-109). You claimed the bet insurance offer so you’re covered up to $1,000. You’re confident it’ll go over so you put down $850 in cash.
If it goes over, you’d get $779.82 in profit and keep your cash stake. Even if you lose, you’ll recoup the value of your cash bet as bonus bets.
If you’re in North Carolina and eyeing a moneyline wager on the Sharks (+205), you can put down the minimum $5 in cash and still collect 30 times that in bonus bets, regardless of how it settles.
The profit boost offer is unique, as you can get complete profit boosts on 10 different markets so you can spread out your wagers across a variety of different markets and boost your potential profits. Maybe you’re eyeing a prop bet on Jordan Poole’s made threes, Jokic’s rebounds and Doncic going over on points and assists.
Signing up with Caesars Sportsbook
All of these offers are only for new customers, who are 21+ and present in the relevant locations. You won’t be able to claim multiple of any offers, claiming one disqualifies you from claiming any others.
Typically, bonus bets from any of these offers will be distributed within an hour or so of bet settlement. Any bonus bets earned will be valid for 14 days from the point of distribution.
Use one of the relevant links above to get to Caesars Sportsbook
Review and approve the T&Cs
Make a cash deposit to register your account
Place an initial cash bet to trigger one of the welcome offers
Collect your bonus bets
Must be 21+ and physically present in NC. New users only. Must register using eligible promo code. First bet after registration must qualify. Min. qualifying bet: $5. Each Bonus Bet expires 14 days after receipt. See Caesars.com/promos or “Promos” tab on Caesars Sportsbook app for full terms. Know When To Stop Before You Start.® Gambling Problem? Call 1-877-718-5543 or visit morethanagame.nc.gov.
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, 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). ©2023, Caesars Entertainment
21+ only. New users only. Offer valid and must be physically present in IA, MD and ME only. Know When To Stop Before You Start.® Gambling Problem? IA: Call 1-800-BETSOFF or visit 1800betsoff.org. MD, ME: Call 1-800-GAMBLER. ©2024, Caesars Entertainment
