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Caesars Sportsbook promo code CTNEWS1000 for $1K bet insurance for any game, including Oilers vs. Panthers

Sign up with Caesars Sportsbook promo code CTNEWS1000 to get a $1K bet insurance offer in 22 states.

oilers center connor mcdavid
Chris Sweda/Chicago Tribune
Oilers center Connor McDavid takes a breather in the second period against the Blackhawks on Tuesday, Jan. 9, 2024, at the United Center.

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Caesars Sportsbook, one of America’s most popular sports betting brands, currently offers new players 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) a $1K bet insurance offer. Sign up with the Caesars Sportsbook promo code CTNEWS1000 to unlock the bet insurance — you’ll get any cash bet, up to $1,000 covered if it settles as a loss.

With bet insurance offers of this kind, you’ll only earn a bonus bet if you lose. You’ll get the bonus bet based on the value of your first cash wager of the day.

Sign up for an account with the hyperlink above or the module below.

$1K Bet Insurance

Eligibility requirements

  • 21+ only for all states
  • New customers only
  • Residency not required for promotion
  • $10 cash deposit to activate account
  • Payout as singular bonus bet, valid for 14 days from distribution

Unlike other sportsbooks, Caesars pays out as one singular bonus bet. So, if you place a cash bet of $320 and it loses, you’ll get one bonus bet equal to $320. It cannot be broken down or wagered incrementally.

Additionally, any bonus bets earned from this offer are valid for 14 days, which is unique to Caesars Sportsbook.

Signing up with Caesars Sportsbook

  1. Use the module or hyperlink above to access the Caesars Sportsbook landing page
  2. Finalize your account with the relevant personal details (home address, birth date etc.)
  3. When prompted, input the promo code CTNEWS1000
  4. Make a cash deposit of $10 to trigger this offer
  5. Place your first wager, must be cash to qualify

Wagering with Caesars Sportsbook

Bet insurance offers of this nature are ideal for customers looking for an edge on an underdog market. With a win, you’ll collect a substantial profit. If you lose, you’ll get the value of your cash stake back as bonus bets.

For example, if you put down a $220 cash wager on Luka as the First FG Scorer at +850, you’d earn $1,870 in profit with a win. If your wager lost, you’d get $220 as one bonus bet credited to your account.

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