Caesars Sportsbook Promo Code ACTION41000: $1K Insurance Bet Available in 20+ States

The Caesars Sportsbook promo code ACTION41000 is available if you're a new user in a legal Caesars state. This welcome offer unlocks a $1,000 first bet on the house.

Use the module above or insert the promo code ACTION41000 during registration. Once complete, you can wager up to $1,000 for your first bet. If that bet loses, you'll earn a bonus bet matching your first bet amount. Caesars doesn't provide a bonus if your first bet wins.

This offer is available for any sporting event at Caesars Sportsbook. If you have a bonus bet, it's available for 14 days. You aren't required to use it on Thursday's sports slate or any event in the next few days. Just make sure you apply it to a market in the next two weeks.

Keep reading to learn more about bonus bets and the best option for Thursday's sports slate.

Caesars Sportsbook Sign-Up Steps

Step 1. Click here to visit Caesars' website.

Step 2. Enter your details to create a new account: Name, Email, Date of Birth, Phone Number, Last four digits of your SSN, Home Address.

Step 3. Enter the Caesars Sportsbook Promo Code ACTION41000

Step 4. Agree to the Terms & Conditions.

Step 5. Deposit with funding options, including PayPal, Visa, and your bank.

How to Use a Caesars Bonus Bet

We must use our first bet to unlock the potential bonus bet. It really doesn't matter how you use your first bet, but the insurance aspect means you can be somewhat risky and target a plus-money option.

Let's say you bet on a Thursday afternoon MLB game and target the underdog. If they pull off the upset, you pocket the winnings, and the promo ends. If your bet loses, you'll have a bonus bet for the next two weeks.

Let's say you have a $1,000 bonus bet for this example. The +EV betting guide recommends a market in the +300 to +700 range. One of the top markets for an NBA game is betting on the first basket scorer.

• Caesars Bonus Bet: Shai Gilgeous-Alexander First Basket Scorer (+600)

Luka Doncic and Chet Holmgren are the favorites for this market, but picking SGA gives us more value while being in the optimal range.

SGA should be one of the top options for scoring first, especially if the Thunder win the tip. Aside from Doncic, SGA is the best scorer in this game.

The biggest downside of the Caesars welcome offer is your bonus is in one increment. Therefore, we must use the entire $1,000 bonus on this market.

• SGA Scores the First Basket: You have $6,000 in winnings, which is available for withdrawal.
• Any Other Player Scores First: You lose the $1,000 bonus and have no money at Caesars.

21+ only. New users and first $10+ wager only. Offer valid and must be physically present in AZ, CO, IA, IL, IN, KS, KY, LA, MA, MD, ME, MI, NC, NJ, NY, OH, PA, TN, VA, WV, and WY only. Know When To Stop Before You Start.® Gambling Problem? IL, MD, NJ, OH, PA, TN, VA, WV: Call 1-800-GAMBLER. MA: CALL 1-800-327-5050 or visit gamblinghelplinema.org. NY: Call 877-8-HOPENY or text HOPENY (467369). ©2024, Caesars Entertainment