The 2026 Kentucky Derby is shaping up to be one of the most wide-open Run for the Roses in recent memory, and there is no better time to get in on the action than with a new account at Caesars. The Caesars Sportsbook promo code COVERSBONUSDYW unlocks one of the best sportsbook promos available heading into May 2, giving new users 10 100% Profit Boost tokens just for placing a $1 qualifying wager.
Claim this welcome offer and double your winnings on up to 10 bets, each worth up to $25, as Renegade, Commandment, Further Ado, and a deep field of contenders head to Churchill Downs.
Bet $1, Get 10 Profit Boosts for the 2026 Kentucky Derby
Here is how the offer works: after registering with the Caesars Sportsbook promo code COVERSBONUSDYW and making a minimum $10 deposit, place your first qualifying real money wager of at least $1. Regardless of whether that bet wins or loses, Caesars will credit your account with 10 100% Profit Boost tokens. Each token doubles the profit on any single wager of $25 or less, meaning if you place a $25 bet at +200 odds on a Kentucky Derby longshot like Chief Wallabee and he wins, your profit is boosted from $50 to $100. Even if you back a shorter-priced contender like Renegade and he wins at +150, a boost turns a $37.50 profit into $75.
There are a few key terms to keep in mind before claiming this offer:
- New Caesars Sportsbook accountholders only
- Minimum $10 initial deposit required
- First wager must be a qualifying wager of at least $1
- Each Profit Boost token applies to wagers of $25 or less
- Qualifying wager must be placed within 30 days of account opening
- Wagers using bonus funds, Reward Credits, or Profit Boost tokens do not qualify
- Super Boosts, Round Robin wagers, and bets with odds of -500 or shorter do not qualify
The first wager placed must be the qualifying wager. If your first bet does not meet the requirements, you will forfeit eligibility for this promotion even if a qualifying wager is placed afterward. With the Kentucky Derby's deep field offering plenty of attractive odds across the board, there is no shortage of eligible markets to target with each boost token.
Check if you can use our Caesars Sportsbook promo code in your state
| Caesars Sportsbook promo | Eligible States |
| COVERSBONUSDYW | AZ, CO, IL, IN, IA, KS, KY, LA, ME, MD, MA, MI, MO, MS, NC, NV, NJ, NM, NY, OH, PA, TN, VA, WV, WY (+DC) |
All Users
Odds Available in CO, IL, IN, KY, MD, NY, OH, VA, WV, WY, NV (includes William Hill app in NV)
- Renegade — 4-1
- Commandment — 6-1
- Further Ado — 5-1 to 6-1
- The Puma — 6-1 to 7-1
- So Happy — 7-1
- Chief Wallabee — 12-1
- Emerging Market — 12-1
- Danon Bourbon — 15-1
- Litmus Test — 35-1 to 40-1
- Pavlovian — 50-1
- Intrepido — 50-1+
Check out all Caesars Sportsbook odds and profit boosts for today.
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How to Claim Your Caesars Sportsbook Promo Code for the Kentucky Derby
Getting started with this offer is straightforward. Follow these steps to claim your 10 Profit Boost tokens before the 2026 Kentucky Derby:
- Register: Visit the Caesars Sportsbook app or website and create a new account using the promo code COVERSBONUSDYW. You will need to provide basic personal information including your date of birth, email address, and residential address to complete the sign-up process.
- Deposit funds: Make a minimum initial deposit of $10 to activate your new account and become eligible for the welcome offer.
- Place your first bet: Wager at least $1 on any qualifying sports market. This must be your very first real money bet on the account. Once it is placed, Caesars will credit you with 10 100% Profit Boost tokens regardless of the outcome.
- Apply your boosts: Use each Profit Boost token on any wager of $25 or less, including Kentucky Derby win bets, exactas, or other available markets, to double your potential profit on up to 10 separate wagers.
For a full breakdown of what Caesars has to offer beyond this welcome promotion, check out the complete Caesars Sportsbook review.
More sportsbook promos, bonuses, and offers from Caesars
- Win Share Of $50K bonus bets: Win a +5000 parlay for a share of $50K in bonus bets every week!
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