Sign up with the Caesars Sportsbook Promo Code NEWSWK250BM and get up to $250 in bonuses for the NBA and Olympic hockey. (Photo by Ishika Samant/Getty Images)

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Tyler Everett

By Tyler Everett

Sports Betting Editor

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We have a huge day of sports ahead of us between Olympic men's ice hockey and the NBA, and you can gear up for it all with the Caesars Sportsbook promo code NEWSWK250BM. Bet up to $250 on any of the nine NBA games scheduled for tonight and get that amount matched in bonus bets.

Click here to get started.

Caesars Sportsbook Promo Code NEWSWK250BM: Secure $250 Bet Match

By using the promo code below, new users can activate a First Bet Match. This offer ensures a bonus equal to your stake, up to $250, regardless of the market you bet on and wager's outcome.

New Caesars customers can approach today's games with added confidence thanks to this unique structure. Unlike many sportsbook offers that only trigger a refund if a wager loses, this promotion awards a 100% match up to $250 win or lose.

To maximize this opportunity, users should note specific requirements regarding the bonus mechanics. The qualifying cash wager must be placed within 30 days of registration on a market with odds of -500 or longer (e.g., -200 or +110). Once earned, the bonus funds are issued as one single bonus bet rather than divisible credits. This bonus token arrives shortly after the initial bet is made and carries a 30-day expiration.

Use Caesars NBA, Hockey Promo Today

Below are the latest consensus odds for today's NBA slate, featuring the Mavericks vs. Timberwolves, the battle for Los Angeles, and a Northwest Division clash in Portland.

Applying the $250 First Bet Match to these lines yields vastly different potential returns. A $250 wager on the heaviest favorite, Minnesota (-700), would yield just $35.71 in profit due to the steep price. Conversely, backing the heaviest underdog, Dallas (+500), would result in a massive $1,250 profit if the upset occurs. For bettors sticking to a standard spread bet at -110 odds, a winning $250 wager returns $227.27 in profit.

Analytical Breakdown: Mavericks vs. Timberwolves

Looking at the metrics for the marquee matchup, the Timberwolves possess a distinct statistical edge. Minnesota boasts a Net Rating of +4.6 compared to the Mavericks' -3.3, indicating superior overall efficiency on both ends of the floor. Additionally, the Timberwolves control the glass effectively, recording a Total Rebound Percentage of 50.9% versus Dallas' 48.7%.

The roster context further explains the heavy line in Minnesota's favor. The Mavericks are currently navigating a significant downturn, entering the game on a nine-game losing streak. Crucially, Dallas is without Kyrie Irving, who has been shut down for the season, and rookie sensation Cooper Flagg, who remains out with a foot injury. These underlying factors suggest Minnesota is well-positioned tonight, justifying their status as significant favorites.

Olympic Hockey: USA vs. Slovakia

While the NBA dominates the Friday night slate, the promo code also applies to international competition, including the 2026 Winter Games. The United States men's hockey team faces Slovakia in a pivotal matchup today, offering another option for the First Bet Match.

Tournament play often introduces higher variance, making the "win or lose" structure of the Caesars offer particularly valuable here. Bettors can back the Americans to cover the puck line or look for value on Slovakia, knowing that their initial stake—up to $250—will be matched with a bonus bet regardless of the final score on the ice. This allows new Caesars customers to diversify their action beyond the NBA while still capitalizing on the welcome bonus mechanics.

Steps To Activate Caesars Sportsbook Promo Code NEWSWK250BM

With the action set to begin in a few hours, new users have a clear window to set up their accounts and secure the First Bet Match. To claim this welcome offer for the NBA or the Slovakia vs. USA game, follow the step-by-step guide below:

  1. Download and Register: Get started by clicking here to go to the landing page. Create an account by providing standard personal information (name, address, email, etc.) to verify identity and age.
  2. Enter the Promo Code: During the registration process, ensure you enter the promo code NEWSWK250BM in the designated field. This specific code links your new account to the First Bet Match offer.
  3. Make a Deposit: Deposit the amount you wish to match using one of Caesars' secure payment methods. While the maximum match is $250, you are not required to deposit the full amount to participate.
  4. Place Your First Bet: Place a real money wager on any market, such as the Mavericks vs. Timberwolves spread, moneyline, or total. This initial wager triggers the promotion.

Understanding the Match Amount
It is important to note that the bonus bet received is directly tied to the size of your first wager. The promotion provides a 100% match, meaning:

Whether your first bet wins or loses, the matching bonus is credited to your account.

Newsweek may earn an affiliate commission if you sign up through the links in this article. See the sportsbook operator's terms and conditions for important details. Sports betting operators have no influence over newsroom coverage.

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