Caesars Sportsbook Promo Code: Claim $1,000 First Bet Insurance for NFL Week 5, MLB Playoffs

Caesars Sportsbook is offering a promo for new customers, just in time for Week 5 of the NFL season and the MLB playoffs. This Caesars Sportsbook promo code BTOP1000 provides $1,000 in first-bet insurance, meaning that if your first bet on the site results in a loss, you receive the stake back in bonus bets.

$1,000 First Bet on Caesars
Caesars Sportsbook Promo Code

$1,000 First Bet on Caesars

If the player's Qualifying Wager is graded as a Loss by Caesars, the Participant will earn a one-time Bonus Bet token equal to the lessor of (1) the full value of the Qualifying Wager or 2) $1,000 (the “Bonus Bet”)

  • Strong VIP Rewards Including Bonus Bets
  • Tier Credits Earned For Every Bet Placed
Promo Code:: BTOP1000
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21+. See for full terms. Void where prohibited. Know When To Stop Before You Start.® Gambling problem? Call 1-800-GAMBLER

Kentucky online sports betting is also in full effect, and you can use the Caesars Sportsbook promo code BTOPGET to get $250 in bonus bets with $50 in bets settled. The bonus bets are doled out in increments of $50 over five weeks. This promo is exclusive to new customers of Caesars Kentucky.

Caesars Sportsbook promo code, explained

As mentioned, two unique offers can be claimed using a Caesars Sportsbook promo code. These offers vary in structure and maximum bonus amount.

The Kentucky offer that releases $250 in bonus bets uses the Caesars Sportsbook promo code BTOPGET. The offer in all other states can be claimed with the promo code BTOP1000.

  • Kentucky Launch Offer: Sign up for Caesars Kentucky and receive $250 in bonus bets after placing a $50 first bet.
  • First Bet Insurance: When you place your first bet at Caesars, you will get up to $1,000 in bonus bets if it loses, equal to the stake.
  • Caesars Promo Codes by State

    StateAvailable Promo Codes
    New JerseyBTOP1000
    New YorkBTOP1000
    West VirginiaBTOP1000

    How does the Caesars Sportsbook promo code work?

    The Caesars Sportsbook promo code BTOPGET is exclusively for pre-registered users in KY, while the promo code BTOP1000 is available in all other states. Click one of the links below to determine the best offer based on your location.

    The Caesars Sportsbook offer for new customers in Kentucky is pretty straightforward. You will get $250 in bonus bets, but not all at once. The bonus bets will be handed out incrementally by $50 amounts. A $50 first bet at Caesars is required to unlock these bonus bets.

    Five equal bonuses will be added to your account on a schedule of $50 every Monday. For example, if you sign up using the Caesars Sportsbook promo code BTOPGET on a Tuesday, you will receive $50 in bonus bets immediately. However, you will not receive the next $50 bonus until the following Monday. Then, you receive the final three $50 bonus increments over the three weeks after that.

    The first bet insurance offer works differently than Kentucky’s Caesars Sportsbook promo code. You must first make a minimum deposit at Caesars, keeping in mind that to extract the maximum bonus amount, you would need to deposit and wager $1,000. When you deposit and wager $100 on your first bet, you receive $100 back as bonus bets if it loses and receive the profit if it wins.

    A critical aspect of both Caesars offers is that bonus bets do not hold cash value. This means you must use the value of the bonus bets to unlock withdrawable cash funds. In the case of both Caesars promo codes, there is a 1x play-through requirement to convert.

    The first bet insurance offer works a bit differently, however. While unlocking bonus bets works similarly, the receipt method is entirely different. After making your minimum deposit, you can place a bet for however much you want, understanding that the maximum bonus you can get back is $1,000. If the bet loses, you get your stake back as bonus bets. If the bet wins, you reap the profits and nothing else.

    An example of unlocking bonus bets is if you wager $100 on an NFL moneyline at +130 odds. Here is the potential value:

  • Moneyline wins: Receive $130 in profit only, not the $100 stake that used bonus bets.
  • Moneyline loses: You do not receive any profit and lose $100 in bonus bet value.
  • Registration at Caesars Sportsbook

    Registering for a brand-new Caesars Sportsbook account is a streamlined process that takes just a few minutes to complete in most cases.

    Like many other sportsbooks, Caesars has geolocation software to ensure you are within the state lines of a place that has legalized online sports betting. This is particularly important for claiming a Caesars Sportsbook promo code offer. Depending on your location, you will receive either the one available in Kentucky or the one for other states.

    Below are a few key points to keep in mind when registering at Caesars Sportsbook wherever you are:

  • You must be 21 or older to wager at Caesars Sportsbook in all states.
  • All new customers at Caesars Sportsbook must be from a legal sports betting state with geolocation services used by the site to determine this.
  • Create your account credentials using accurate information that Caesars can verify. Agree to the terms and conditions.
  • Receive $250 in bonus bets spread across multiple weeks after wagering $50 at Caesars Sportsbook KY and using the promo code BTOPGET, or get up to $1,000 in first bet insurance using the Caesars Sportsbook promo code BTOP1000.
  • written by

    Daniel is a commercial content writer at Better Collective who also contributes content for the Action Network’s college football vertical.  Experience   He began sports betting in 2021 after discovering his love for college sports, particularly those of the USC Trojans and Syracuse Orange.  Daniel began writing as a 15-year-old passionate about MLB, particularly the Los Angeles Dodgers. He operated as an editor for Dodgers Nation and FanSided’s Angels blog Halo Hangout before discovering his love for sports betting. Following his team-specific blogging experience, he moved on to Action Network in 2021, where he served as an SEO Specialist.  After a brief stint with Action Network, he wrote iGaming and sports betting content for Forbes and The Game Day. In between, Daniel has participated in numerous high-stakes fantasy baseball contests and, with his educational background, has constructed successful sports betting models for college basketball and MLB.   Role   Now in his second stint with Better Collective, Daniel is contributing commercial content for media partnerships at Bleacher Nation and operating as a college football writer at Action Network.  Daniel graduated from Syracuse University in 2023 with a degree in sport analytics and a minor in economics. He has been a guest speaker at the Society of American Baseball Research (SABR) on multiple occasions in Phoenix and New York City.

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