Caesars Sportsbook promo code NYPNEWS1000 earns you a primary bet on the home as much as $1,000 in all states where Caesars operates (except Nevada, which requires in-person signups).
It implies that in case your first wager on the platform loses, you’ll be refunded with one bonus bet equal to whatever you lost. It have to be your first bet; you’ll be able to’t select which wager gets this insurance.
Your first bet could be used on any game, including Monday Night Football between the Eagles and Seahawks. Just place your first bet inside 30 days of making your account.
Caesars Sportsbook Promo Code, Explained
Alright, let’s run you thru an example from Monday Night Football. Say I deposit $1,000 and need to bet it on Tyler Lockett to attain a touchdown for Seattle, priced at +250. You don’t should bet $1,000, and may only bet what you’re feeling comfortable losing, since you won’t be refunded in money — you’ll be refunded in a single big bonus bet, equal to what you lost.
- If Lockett scores, you profit $2,500 ($1,000 x 2.5) and also you keep your $1,000 bet. That’s now $3,500 in your account you’ll be able to withdraw or proceed betting.
- If Lockett doesn’t rating, you get $1,000 back in bonus bets from Caesars.
You’ll then should wager those bonus bets to show them into money that could be withdrawn. The one downside to this offer is that your refund will are available one lump sum — so that you don’t get to unfolded the bonus bets across various wagers. You simply have one shot to show a $1,000 bonus bet into some money.
So say I lose that bet and get the $1,000 bonus bet back. I actually have 14 days to make use of it, and judge to place it on the Commanders at +130 against the Jets in NFL Week 16.
- If the Commanders win, I’ll profit $1,300 in money, and the promo is over. So off a $1,000 deposit, I’ll have profited $300.
- If the Commanders lose, my bonus bet is gone and I’m left with $0 in my account.
Key Things to Know concerning the Caesars Promo
- You need to use the primary bet insurance on any game, nevertheless it have to be inside 30 days of making your account, and it have to be your first wager on the platform. You don’t pick which bet gets this insurance treatment.
- For those who lose your first bet, you’ve got 14 days to make use of your bonus bet
- Your bonus bet is available in one big sum, and you’ll be able to’t spread it out across various bets like you’ll be able to at another sportsbooks (like FanDuel for instance).
- Caesars is on the market in AZ, CO, IA, IL, IN, KS, LA, MA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, WV, or WY. It’s also in Nevada, nevertheless it’s a unique platform and requires in-person signups.
