New bettors looking for a welcome promo can find two different Caesars Sportsbook promo code offers depending on the sports betting state. You’ll need to set up a new account using the corresponding module and promo code below and all the offers requires at least a $10 deposit.
NYPNEWS1000 — First bet on the house up to $1,000 (All locations except IA, ME, MD)
This is a typical first bet insurance you’ll find among the top sports betting sites. The outcome of your first bet dictates whether you win the bonus or not.
A win profits cash while a miss is covered by the house up to the maximum $1,000. You’ll need a $10 deposit and wager on any market or odds to qualify.
NYPNEWSDYW — Bet $1, Get 10 100% profit boosts (IA, ME, MD)
A $1 bet on anything earns 10 profit boosts that you can select on your betslip when making a wager. These allow you to essentially double your profit if your bet hits.
This specific offer can only be found in Iowa, Maine and Maryland by clicking the module below.
Can I bet the NBA play-in games on Caesars Sportsbook?
Yes, Wednesday night features both Eastern Conference matchups between the Miami Heat and Philadelphia 76ers in the earlier slot and the Atlanta Hawks and Chicago Bulls in the later slot.
The winner of the Heat and 76ers secures the seven seed, while the loser plays the winner of the later game for the eight seed. You’ll find both eight seed games Friday just before the playoff series begins.
How to unlock each Caesars Sportsbook offer
NYPNEWS1000
Let’s go through a quick example of how easy the first bet insurance is to navigate. Imagine I make a $500 wager on the Miami Heat +180 to beat the 76ers for the seven seed.
There are two potential outcomes of the promo.
- A win pays $900 and returns the $500 stake. Your account will now show $1,400 in cash that can be used on another wager or withdrawn.
- Meanwhile, if the Heat lose, Caesars would deposit a $500 bonus bet to recoup your stake loss.
A big difference in the Caesars bonus bets vs. other books is that the bonus bets are in one chunk that have to be used in a lump sum. In the example above, you’ll have 14 days to make a $500 wager with the bonus bet and cannot split it across multiple wagers.
NYPNEWSDYW
How do you use the profit boosts after you make the $1 wager? You’ll have 14 days to utilize all the profit boosts and can use them on wagers worth $20 or less.
The boosts can be high value when using favored odds to increase the payout while keeping a statistically-high chance of winning the wager. Let’s say I placed $20 on the 76ers -218 and selected the profit boost.
Normally, you would earn $9.17 from that bet. Now, with the 100% profit boost, that would be $18.34.
You’ll notice the profit boost is just that, a profit boost. Meaning, if your bet loses, it’s treated as a normal missed wager.
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