Alonzo Adams-USA TODAY Sports

Caesars Sportsbook promo code YNEWS1000 gets $1,000 insurance for any game

By Ian Firstenberg | Last updated May 18, 2024 10:11 AM ET

Caesars Sportsbook, one of America's biggest sports betting brands, currently offers new users across the country a $1,000 bet insurance offer when they sign up with the code YNEWS1000.

Currently, this offer is available AZ, CO, MA, IA, IL, IN, KS, KY, LA, MA, ME, MD, MI, NC, NJ, NY, OH, PA, TN, VA, WV, WY.

Use the Caesars Sportsbook promo code YNEWS1000 to unlock the $1K bet insurance offer. With that promotion, you'll get the value of your first cash wager of the day credited back to your account as a bonus bet if you lose.

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

Important T&Cs

Only new customers are eligible
Must be 21 or older to claim this offer
Must be present in legal Caesars Sportsbook state (residency not required)
Bonus bets paid in one lump sum
Any bonus bets earned are valid for 14 days from distribution

Betting with Caesars Sportsbook

Since this is bet insurance offer, you can maximize your value by placing a cash bet on an underdog. If it hits, you'll get a decent profit and if you lose, you'll recoup the value of your cash bet as bonus bets — up to $1K.

So, if you put down a $175 cash stake on Kyrie Irving as the First FG Scorer at +800. You could potentially earn $1400 in profit if he scores the first bucket of the game. Even if he doesn't, you'll get $175 as a bonus bet credited to your account shortly after that bet settles.

Unlike some other operators with similarly styled promotions, this Caesars Sportsbook offer pays out in one lump sum. So you'll earn one bonus bet based on the value of your cash wager. Using the example above, you'd earn one bonus bet equal to $175.

Sign up steps

Use the module above or the hyperlinked promo code to access Caesars Sportsbook
Input the relevant personal information to establish an account
Review and approve the T&Cs
Make a cash deposit to register your account
You're ready to bet!

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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