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Caesars Sportsbook promo code YNEWS1000 gets $1K bet insurance on any NHL, NBA Finals, Champions League, any game

By Ian Firstenberg | Last updated May 31, 2024 5:09 PM ET

Caesars Sportsbook has become one of America's most steadfast sports betting sites, with legal operations now 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).

In all of those states, you can use the Caesars Sportsbook promo code YNEWS1000 to claim a $1K bet insurance offer.

Much like other, similarly structured promotions, this offer is ideal for new customers. You'll get the value of your first wager of the day back as a bonus bet if your first wager loses — up to $1K. So if you put down $250 in cash, you'll get $250 as a bonus bet when it settles.

One notable difference, with the Caesars Sportsbook promotion, you'll just get one bonus bet equal to the value of your cash wager. It cannot be broken down and thus must be wagered in full.

Bonus bets earned from this offer will be valid for 14 days from the point of distribution.

To get started, either use the hyperlink above and input the promo code when prompted, or click the module below.

Eligibility

New customers only
21+ only
$10 cash deposit required to activate your account
Bonus bets earned are valid for 14 days from distribution
Residency not required to claim offer

How to sign up w/ Caesars Sportsbook

Use either the module above or the hyperlink to access the Caesars Sportsbook landing page
When prompted, input YNEWS1000
Activate your account with the relevant personal information (home address, birthdate)
Review and approve the T&Cs
Make a cash deposit of $10 to register your account
You're ready to bet!

Betting with Caesars Sportsbook

Based on the structure of this offer, you can maximize your potential value with a cash wager on an underdog. If you win, you'll collect a substantial profit and keep your original cash stake. If you lose, you'll get the value of your cash stake back as one bonus bet.

Say, for example, you bet $220 in cash on the Rangers moneyline at +140:

With a win, you'd get $308 in profit, plus you'd keep the original cash stake. Since you won, you wouldn't earn a bonus bet
With a loss, you'd get one bonus bet equal to $220.

As noted above, Caesars Sportsbook is unique in that you earn just one bonus bet, equal to the value of your cash stake. Thus, you can't actually break it down or wager it in parts.

A bonus bet earned from this offer will be valid for 14 days from the distribution date.

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

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