Caesars Sportsbook Promo Codes $150 in North Carolina, $1K Insurance in Most Other States

This week, Caesars Sportsbook offers two sign-up bonuses: a $1K first-bet insurance offer or ten 100% profit boosts when you bet $1+. Your location determines which offer you're eligible for. Use Caesars Sportsbook promo code ACTION41000 for the $1K first bet insurance or ACTION4DYW for the ten 100% profit boosts.

Caesars Sportsbook North Carolina launched a couple of weeks ago, too, and you can use the promo code ACTION4NCBG for a "bet $5, get $150" promo in NC only.

Caesars Sportsbook Promo Code: $1K First BetPromo Code: ACTION41000Offer: Get up to $1,000 Back in Bonus Bets if Your First Bet Doesn't WinAvailable States: AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, ME, MI, NJ, NY, OH, PA, TN, VA, WV, WY

The Caesars Sportsbook promo in most states provides $1K first bet insurance. You can place your first bet and have it be "insured" by Caesars, granting a bonus bet back if you lose it. If you win your first bet, you will receive the profit like usual.

For example, if I bet $200 on the Sixers moneyline (+120) against the Oklahoma City Thunder, here's how it could look:

If the Sixers win, I earn $240 in profit.If the Sixers lose, I get back a $200 bonus bet for future use.

As you might notice, whatever bonus you get with a losing first wager is handed back as one bonus bet that must be used simultaneously. This drives the value of the promo down, as you must win one of your first two bets to get a bonus.

Caesars Sportsbook Promo Code: Ten 100% Profit BoostsPromo Code: ACTION4DYWOffer: Bet $1, Receive Ten 100% Profit BoostsAvailable States: IA, MD, ME

In Iowa, Maryland, and Maine, you can bet $1 or more and receive back ten 100% profit boosts. This is structured differently from most industry sign-up bonuses, as it can be directly applied to your wagers. These 100% profit boosts essentially double your winning potential. Let's look at how it works.

Let's say I'm claiming this offer in Maryland. I want to place an NBA parlay at +450 odds for $20. If the parlay wins, I would receive $180 with the profit boost applied instead of the standard $90.

Caesars North Carolina: Bet $5, Get $150Promo Code: ACTION4NCBGOffer: Bet $5, Get $150 in Bonus BetsAvailable States: NC

As mentioned, Caesars Sportsbook North Carolina launched in March, and you can claim a welcome offer different from the ones available in the other 20 Caesars states. You can place your first $5+ bet on the site, and when it settles, you earn $150 in bonus bets. The bonus is distributed as three $50 bonus bets instead of a single bonus bet.

For example, suppose I bet $5 on the Utah moneyline (+120) against Indiana State tonight.

If Utah wins, I earn $6 in profit and $150 in bonus bets.If Utah loses, I still receive three $50 bonus bets.