Caesars Sportsbook Promo Code ACTION41000: Earn Max $1K Insurance for Any Game This Week

Caesars Sportsbook Promo Code ACTION41000: Earn Max $1K Insurance for Any Game This Week article feature image
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If you're signing up to place bets on any events taking place throughout the week, you can use the Caesars Sportsbook promo code ACTION41000 to net up to $1K in bonus bets back if your first bet doesn't win.

Your first bet will be insured, so you can place any amount up to $1K and it will be matched if you lose. In the case that your first bet wins, you will get your payout and the offer concludes.

The modules placed throughout this article can be used to get started at Caesars.

Caesars Sportsbook Promo Code: How it Works

OK, say I sign up for Caesars and place a first bet on the Nuggets +4.5 against the Sixers. The rest of the market has the Nuggets at +1 at the time of this writing, so this is an extremely attractive line to seize while it's available.

If I placed a $1K first bet on Denver to cover and they lose by less than five points or win outright, I would get the $1,909.09 payout in regular cash.

The offer is installed for if the bet loses, but it's unlikely most would bet the max amount unless they had the insurance there. So now I would have a nice payout thanks to the offer.

If the Nuggets do not cover, I get $1K in bonus bets to use within 14 days at Caesars.

There are several schools of thought to using bonus bets, but all of them have one thing in common and that's taking odds in the plus money range.

It's the mathematically correct option when looking to maximize profit on a pick with bonus bets. In the end, you are netting less expected value by betting heavy favorites.

The best range is between +300 and +500. So let's pretend we place $100 in bonus bets on Joel Embiid to score the first basket of the game off the opening tip off.

  • We get $300 in real earnings if Embiid scores before any other player. The stake is gone.
  • We get nothing if he doesn't.

How Can I Get Started at Caesars?

  1. Click here to visit Caesars' website and press "Bet Now" to enter the Account Registration flow.
  2. Enter your details to create a new account. Use Caesars Sportsbook promo code ACTION41000 at checkout.
  3. Agree to the Terms & Conditions and submit. Caesars will verify your account details. Now, your account has been created.
  4. Deposit at least $50 with funding options, including PayPal, Visa, and your bank.
  5. Place your first bet!

21+ only. New users and first $10+ wager only. Offer valid and must be physically present in AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, ME, MI, 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). ©2023, Caesars Entertainment

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