Caesars Sportsbook Promo Code Provides $1,000 Insurance Bet, 100% Profit Boost in 3 States for All Sports

Caesars Sportsbook is offering new customers a $1,000 first bet on the house with the promo code ACTION41000. With this offer, you can wager up to $1,000 for your first bet. Caesars gives your bet back in a single bonus bet if it loses.

If you're betting from Iowa, Maine, or Maryland, you can claim the $1K first bet or 10 100% profit boosts. The profit boosts are available following your first $1 bet. You cannot wager more than $20 on each boost, and it's accessible with the Caesars Sportsbook promo codeACTION4DYW.

The only welcome bonus available in North Carolina is a $150 promo. Use the Caesars Sportsbook NC promo codeACTION4NCBG and wager $5 on any market. That'll unlock the promo, paid out in three $50 bonus increments.

Caesars Sportsbook bonus bets are available for 14 days. Below, we'll provide an example for NHL action on Saturday but you can use your bonus on any sporting event or market over the next two weeks.

Betting on Saturday's NHL Slate

The NHL season is coming down to the wire, and the battle for the final wild-card spot in the Eastern Conference is highly contested. The Washington Capitals and Pittsburgh Penguins are in the thick of the battle, with both teams in action today.

Both teams are playing at home, but they play a pair of elite teams. Washington battles the Tampa Bay Lightning, while the Penguins host the Boston Bruins.

The Caps and Penguins are home underdogs, but both need a win to stay alive in the playoff race. Let's discuss what happens if we parlay a Capitals and Penguins victory on Saturday.

• Betting Pick: Capitals ML + Penguins ML (+360)

Tampa Bay doesn't have much to play for, as they're locked into the top wild-card spot in the East. Boston has a narrow lead over Florida for the top spot in the Atlantic Division, but there's no doubt that the Penguins have more motivation to win this game.

I opted for a parlay because we want to target a market in the +300 to +700 range for a bonus bet. That's the best way to ensure you'll earn more profit on your bonus.

We have different bonus bet options depending on your welcome offer. Below, we'll show the outcome of a $1,000 bonus bet and a 100% profit boost.

• $1K Bonus: We would have a $3,600 profit but don't keep the $1,000 stake.
• 100% Profit Boost: A $20 wager gives you $144 in winnings (+720) instead of the standard $72 with a +360 parlay.

Caesars Sportsbook Sign-Up Steps

Step 1. Click here to visit Caesars' website.

Step 2. Enter your details to create a new account: Name, Email, Date of Birth, Phone Number, Last four digits of your SSN, Home Address.

Step 3. Enter the Caesars Sportsbook Promo Code ACTION41000

Step 4. Agree to the Terms & Conditions.

Step 5. Deposit with funding options, including PayPal, Visa, and your bank.

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, 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). ©2023, Caesars Entertainment

Offer valid and must be physically present in IA, MD and ME only.

Must be 21+ and physically present in NC. New users only. Must register using eligible promo code. First bet after registration must qualify. Min. qualifying bet: $5. Each Bonus Bet expires 14 days after receipt. See Caesars.com/promos or "Promos" tab on Caesars Sportsbook app for full terms.