Get $1,000 first bet offer for Eagles-Seahawks ‘MNF’

Caesars Sportsbook promo code NYPNEWS1000 earns you a first bet on the house up to $1,000 in all states where Caesars operates (except Nevada, which requires in-person signups).

It means that if your first wager on the platform loses, you’ll be refunded with one bonus bet equal to whatever you lost. It must be your first bet; you can’t choose which wager gets this insurance.

Your first bet can be used on any game, including Monday Night Football between the Eagles and Seahawks. Just place your first bet within 30 days of creating your account.

Caesars Sportsbook Promo Code, Explained

Alright, let’s run you through an example from Monday Night Football. Say I deposit $1,000 and want to bet it on Tyler Lockett to score a touchdown for Seattle, priced at +250. You don’t have to bet $1,000, and should only bet what you feel comfortable losing, because you won’t be refunded in cash — you’ll be refunded in one big bonus bet, equal to what you lost.

• If Lockett scores, you profit $2,500 ($1,000 x 2.5) and you keep your $1,000 bet. That’s now $3,500 in your account you can withdraw or continue betting.
• If Lockett doesn’t score, you get $1,000 back in bonus bets from Caesars.

You’ll then have to wager those bonus bets to turn them into cash that can be withdrawn. The one downside to this offer is that your refund will come in one lump sum — so you don’t get to spread out the bonus bets across a number of wagers. You only have one shot to turn a $1,000 bonus bet into some cash.

So say I lose that bet and get the $1,000 bonus bet back. I have 14 days to use it, and decide to put it on the Commanders at +130 against the Jets in NFL Week 16.

• If the Commanders win, I’ll profit $1,300 in cash, 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 about the Caesars Promo

1. You can use the first bet insurance on any game, but it must be within 30 days of creating your account, and it must be your first wager on the platform. You don’t pick which bet gets this insurance treatment.
2. If you lose your first bet, you have 14 days to use your bonus bet
3. Your bonus bet comes in one big sum, and you can’t spread it out across a number of bets like you can at some other sportsbooks (like FanDuel for example).
4. Caesars is available 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, but it’s a different platform and requires in-person signups.