Caesars Sportsbook offers a national welcome promo in over 20 sports betting states with the use of Caesars Sportsbook promo code NYPNEWS1000. You can cover your first bet on the platform up to $1,000 in bonus bets.
A first bet insurance type of offer, common among top sports betting sites, has two potential outcomes:
- Win — You profit cash and keep your stake
- Miss — The sportsbook recovers your stake loss with bonus bets to use within the platform
Click below to automatically apply the promo code NYPNEWS1000 to your account setup.
Activate the Caesars first bet on the house
- Use any module throughout this piece or click here to find the Caesars Sportsbook account sign-up page.
- If you use the link, the promo code NYPNEWS1000 is automatically applied when creating a new account.
- Make at least a $10 deposit and wager on anything you prefer.
Can I bet the NHL playoffs on Caesars Sportsbook?
Yes, the NHL is just one sport of many offered on the Caesars Sportsbook mobile app platform. In fact, Wednesday night features an elimination game as the Edmonton Oilers are up 3-1 in the series against the Los Angeles Kings.
It’s a Stanley Cup-or-bust year for the Edmonton Oilers with major star power from Connor McDavid and Leon Draisaitl. It’s likely they will close out the series at home on Wednesday night and await the next challenge in the second round.
How does the Caesars Sportsbook welcome promo work?
First bet insurance offers are fairly easy to navigate but have the highest value when used on plus money odds and a larger wager of $500 or more. This is because you only get your first bet covered so might as well make it count on a better payout or have more stake in the bet.
Let’s say I think the Edmonton Oilers will close out the series but want to squeeze more value out of my first bet on the house. The moneyline at -194 may not be enough profit for this type of offer.
I could parlay the Oilers spread -1.5(+130) along with the under 6.5 total goals for a +314 same game parlay. Three out of four games have gone over that number and now the O/U has shifted to 6.5, making me think another low scoring matchup could be coming.
If I placed $500 on that +314 parlay, here’s how the Caesars Sportsbook promo works:
- A win would provide a $2,070 payout from the cash winnings and the returned stake. No bonus bets are earned in this outcome.
- A loss is covered by a $500 bonus bet from Caesars Sportsbook. It’s one bonus bet that I’ll need to use on a wager within 14 days and cannot split it among multiple bets.
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