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Caesars Sportsbook promo code NYPNEWS1000 provides $1K insurance this weekend

Readers can activate the Caesars Sportsbook promo code NYPNEWS1000 to cover their first bet up to $1,000. Essentially, if your bet misses, you have a do-over and can use bonus bets to profit cash.

There are always two outcomes with first bet insurance offers from sports betting sites:

  • Win — You profit cash and keep your stake but don’t earn bonus bets
  • Miss — Caesars Sportsbook deposits a bonus bet chunk that matches your stake loss

However, some Caesars sports betting states such as Iowa, Maine and Maryland will find an alternate promo. A $1 bet on any market with promo code NYPNEWSDYW earns 10 100% profit boosts that can be applied on your betslip.

100% profit boosts can actually be extremely valuable and essentially double your payout if the bet wins. These boosts can be used on $20 wagers or less and on whatever market or odds you prefer.

Can I bet the NBA play-in games with Caesars Sportsbook?

Yes, both of the Friday NBA play-in games will be available on Caesars Sportsbook. First, the Chicago Bulls take on the Miami Heat and later the Sacramento Kings travel to the New Orleans Pelicans.

The winner of the Bulls-Heat will take on the Boston Celtics in the first round while the Kings and Pelicans play to take on the Oklahoma City Thunder.

However, any sport qualifies for the first bet insurance or profit boost offers.

What are the different Caesars Sportsbook promo codes?

NYPNEWS1000

The first bet insurance is great for finding plus money value or if you are determined to place a large wager. Let’s say I place $500 on the Sacramento Kings -1.5 (-106) since the Pelicans will be without Zion Williamson.

A win profits $471.70 and returns my $500 stake. Now, my cash balance in my account is $971.70 and can be withdrawn or split among different bets.

If I miss, Caesars Sportsbook deposits a single $500 bonus bet chunk. Unlike other books which allow you to split bonus funds, the bonus bet is treated as a single fund to use once.

In the scenario above, if I want to use my bonus bet on the next wager, it will need to be a $500 bonus bet stake. Luckily, Caesars Sportsbook gives you 14 days to use the bonus which is best in the industry.

NYPNEWSDYW

The profit boost offer, providing 100% boosts, is one of the highest value among sportsbook profit boosts. All you need is a $1 bet to activate the 10 boosts.

So, how do you use these profit boosts?

First, you create your bet and select the profit boost on the betslip before locking in the wager. Let’s say I placed $100 on the Chicago Bulls +105 over the Miami Heat.

A win would normally pay out $105 for my $100 stake. With a 100% boost, it now becomes $210 with my $100 stake.

If your bet misses, since the boost is only for profits, you don’t gain anything on that particular bet.

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

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