Caesars Sportsbook promo code CTNEWS1000 nets new users $1K bet insurance promotion

The current Caesars Sportsbook promo code CTNEWS1000 unlocks a generous first bet insurance promotion for new users across the country.

This promotion is available in every legal Caesars Sportsbook state, including Kentucky. That said, Caesars has an exclusive promotion for new bettors in Maine. Players there can get $100 in bonus bets with a $50 first wager.

It’s fairly common for American sportsbook to offer new users some kind of welcome promotion when they sign up. Typically, those offers are structured as either first bet insurance or as a bet and get.

In this instance, new users with Caesars can claim a first bet insurance offer with the promo code CTNEWS1000.

We’ll go into more detail about the critical terms and conditions in the paragraphs below.

What is the current Caesars Sportsbook welcome offer?

Caesars Sportsbook currently offers new users a generous, $1,000 bet insurance promotion when they sign up with the promo code CTNEWS1000.

Since this is a bet insurance offer, new users will need to place their first wager in cash to be eligible. If that first bet wins, they’ll collect the profit from that wager and keep their stake.

However, if that initial wager is unsuccessful, the new user will get their complete stake back in bonus bets — capped off at $1,000.

In addition to this offer, new users in Maine can claim a welcome offer there. New bettors in the Pine Tree State can get $100 in bonus bets with an initial $50 cash wager.

The Maine offer is accessible through the module below, using the promo code CTNEWSME.

That promotion, like the general welcome offer above, is limited to new customers who are at least 21 or older.

How to wager on Tuesday with Caesars Sportsbook

Washington Wizards (+156) vs. Charlotte Hornets (-190)

Jordan Poole and the Wizards travel down south to take on the Charlotte Hornets.

Both teams are coming off a loss so this will be a chance to stop the slide. The Hornets dropped on the road to the Mavericks despite a triple-double from LaMelo Ball.

The Wizards were run out of the gym by the Sixers, though Kyle Kuzma and Poole combined for 51 total points.

Both teams have the talent to be competitive in the East but will have to step up the defensive intensity to ensure a spot in the postseason. Both teams also have a young core, with the vast majority of their players under the age of 25. Young teams have a tendency to focus on shooting and let defense fall by the wayside.

Notably though, the Hornets will be without a few starters: Miles Bridges and Terry Rozier are both still out. To add insult to literal injury, Frank Ntilikina is still out so all the ball handling duties will fall to LaMelo or the youngster Theo Maledon.

Maledon has been a decent substitute for LaMelo, but has five turnovers in the last three games, including three in a loss to Houston at the start of November. Charlotte will need to take care of the ball if they hope to win against a Wizards team that loves to run.

Jordan Poole has seemingly adjusted well to his new role in D.C. That said the Wiz are still looking for their second win of the season. The key for the Wizards will be to stop LaMelo, though that’s easier said than done.

Overall, the Hornets are four point favorites at home with the O/U at 240.5. The total is not worth a wager in this one, put your money on the Hornets. Despite the numerous injuries, they haven’t played since Sunday while the Wizards are coming off a tough loss more recently.

Caesars Sportsbook sign up details

To sign up for an account with Caesars Sportsbook, new users will need to click the relevant module above and sign up with the promo code CTNEWS1000.

From there, new users will need to place their initial wager in cash. There is no specific wager requirement for this offer so as long as new users place an initial bet in cash under $1,000, they’ll be covered.

If that wager wins, the new user will collect their profit and keep their stake but will not earn any bonus bets.

However, if that initial wager settles as a loss, the new user will get their complete stake back in bonus bets.

Any bonus bets earned from this promotion are only eligible for one wager a piece and thus will not be returned even in the event of a successful wager.

Bonus bets cannot be cashed out or withdrawn without being wagered first.