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Use Caesars Sportsbook promo code YNEWS1000 for $1K bet insurance on any game

By Ian Firstenberg | Last updated May 17, 2024 8:49 AM ET

If you're at all familliar with sports betting sites, or betting in general, you've heard the name Caesars Sportsbook. Given the brand recognition, the $1K bet insurance offer should come as no surprise.

You can unlock a first bet insurance promotion with a $1,000 cap when you sign up for an account with the Caesars Sportsbook promo code YNEWS1000.

Much like similarly styled offers, you'll only earn bonus bets after your qualifying bet settles and only if it settles as a loss. If you win, you'll collect the profit and keep your cash stake.

Say, for example, you put down $250 in cash and lose, you'll get $250 in bonus bets credited to your account.

You can use the hyperlinked promo code above, or the module below to initiate the sign up process.

Eligibility

Must be at least 21 or older to claim either offer
New customers only
Must be present in legal Caesars Sportsbook state (residency not required)
Cash deposit is required to register your account
Bonus bets are paid in one lump sum and valid for 14 days from distribution date

Sign up with Caesars Sportsbook

Use the module or links above to begin the sign up process
Input the relevant personal details (home address, birthdate etc.) to set up your account
Make a cash deposit to register your account
Review and approve the T&Cs
You're ready to wager

Wager with Caesars Sportsbook

Bet insurance offers are an excellent entry point into sports betting for new customers as they give you a chance with an underdog. If you win, you're profit will be substantial and if you lose, you'll recoup the value of your first wager as bonus bets.

So, if you put down $200 on Jalen Brunson as the First FG Scorer (+600) in the Friday night matchup between the Knicks and the Pacers, you could potentially earn $1200 in profit. Plus, if you won, you'd keep the cash stake.

If you lost, you'd initially forfeit the cash but would get $200 in bonus bets credited to your account shortly after the bet settles.

Notably, unlike some other operators with similar promotions, you'll get one lump sum with this offer. That means if you bet $200 and lose, you'll get one bonus bet equal to $200.

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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