Caesars Sportsbook Promo Code COVERSBONUSDYW: Double Winnings for 2026 Kentucky Derby

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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 right now. As of Friday, May 1, new users can take advantage of a compelling welcome offer by using the Caesars Sportsbook promo code COVERSBONUSDYW to unlock 10 100% Profit Boost tokens just by placing a $1 qualifying wager.

This offer is one of the top sportsbook promos available heading into Churchill Downs, and you can claim up to $250 in boosted winnings across your next 10 bets.

Bet $1, Get 10 100% Profit Boosts
Code: COVERSBONUSDYW

Claim $250

Bet $1, Double Your Winnings 10 Times for the 2026 Kentucky Derby

Here is how the offer works: after registering with the Caesars Sportsbook promo code COVERSBONUSDYW and placing a qualifying first wager of at least $1, you will receive 10 100% Profit Boost tokens loaded into your account. Each token can be applied to any wager of $25 or less, effectively doubling your winnings on that bet if it hits. For example, if you place a $25 wager on Renegade to win the Kentucky Derby at +300 odds and apply a Profit Boost token, your profit would jump from $75 to $150 on a winning ticket. If the bet loses, you simply move on and use one of your remaining nine tokens on another race or market.

There are a few key terms to keep in mind before claiming this offer:

• Your first real money wager must be a qualifying wager — if it is not, you will lose eligibility for the promotion entirely.
• Profit Boost tokens cannot be applied to wagers placed with bonus funds, Reward Credits, or other promotional tokens.
• Super Boosts and Round Robin wagers do not qualify.
• Wagers with odds of -500 or shorter are not eligible as a qualifying first wager.
• Each Profit Boost token applies to wagers of $25 or less.
• You must place your qualifying wager within 30 days of opening your account.
• A minimum initial deposit of $10 is required.

With Renegade entering as the morning-line favorite and closers like Commandment and Further Ado lurking, there are plenty of compelling betting angles across win, place, and exotic markets. The 10 Profit Boost tokens give you the flexibility to spread action across multiple horses or race-day markets and maximize your returns on a wide-open field.

Check if you can use our Caesars Sportsbook promo code in your state

Best Caesars Kentucky Derby Boosts

 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.

How to Claim Your Caesars Sportsbook Promo Code for the Kentucky Derby

Signing up and claiming your 10 Profit Boost tokens is straightforward. Follow these steps to get started before the gates open at Churchill Downs:

1. Register: Create a new account on the Caesars Sportsbook app or website 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 registration process.
2. Deposit funds: Make a minimum initial deposit of $10 to activate your new account and become eligible for the welcome offer.
3. Place your first qualifying wager: Place a real money wager of at least $1 on any eligible sports market — including Kentucky Derby betting — and Caesars Sportsbook will credit your account with 10 100% Profit Boost tokens, regardless of whether your first bet wins or loses.

For a full breakdown of what Caesars has to offer beyond this 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!

This article originally appeared on Covers.com, read the full article here and view our best betting sites or check out our top sportsbook promos.