Caesars Sportsbook promo code NYPNEWS1000: Claim $1K on your first bet this weekend

Caesars Sportsbook offers a first bet on the house up to $1,000 with the Caesars Sportsbook promo code NYPNEWS1000. This allows you to cover your first bet if it doesn’t go your way while a winning first bet profits cash and returns the stake.

The main requirement is a new account, the promo code NYPNEWS1000 and a $10 minimum deposit and wager on anything to qualify.

Caesars Sportsbook offer requirements

• 21+ to wager
• New customers only
• Located in one of over 20 Caesars Sportsbook sports betting states
• Access to a valid payment method

What can I bet to activate the Caesars welcome offer?

Caesars Sportsbook is set apart from some sportsbooks that require you to wager on specific markets or odds for the bonus. Luckily, as long as you meet the $10 deposit and wager minimum, you can bet anything you prefer.

One of the interesting matchups Saturday is the Minnesota Timberwolves vs. Denver Nuggets. These two Western Conference behemoths meet for a second-round series; however, only one team can escape to the Western Conference Finals.

Details of the promo code NYPNEWS1000

First bet insurance offers are best used on larger first wagers. It makes sense to go for a larger payout than you may normally wager since you’re only covered on the first bet.

Let’s say I’m interested in a same game parlay in the Timberwolves vs. Nuggets game. Imagine I place $500 on the Timberwolves +150 and the over 207.5 total points for a +377 parlay.

Using the first bet on the house, here’s how the promo plays out:

• If I win, I profit $1,885 and keep the $500 stake. I now have $2,385 in cash in my account to withdraw or use on other wagers within the Caesars Sportsbook mobile app.
• A loss means Caesars Sportsbook deposits a $500 bonus bet to my account to cover the stake

The $500 bonus bet is treated as a lump sum that I have to use on one wager within 14 days. I can’t split the bonus funds across different wagers such as 10 bets of $50.

If I win a bonus bet wager, I profit cash while the bonus bet stake disappears to the house since it can only be used once.

Steps to register with Caesars Sportsbook

1. First, use any module throughout this piece or click here for the $1K first bet on the house.
2. If you use the link, the promo code NYPNEWS1000 is automatically applied to the Caesars Sportsbook sign-up page.
3. Finish setting up your account and verify your state and personal info.
4. Make at least a $10 deposit and wager on anything you prefer.

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