Caesars Sportsbook Promo Code ACTION4FULL Nets $1,250 for CFP

Caesars Sportsbook Promo Code ACTION4FULL Nets $1,250 for CFP article feature image

Caesars College Football Playoff, 12/31/2022

Use Caesars Sportsbook promo codeACTION4FULL to get up to $1,250 in bets as a new user. The College Football Playoffs are a perfect time for new users to cash in on this great promotional offer, as we're in the heart of an epic weekend of football.

So how's it work? If your first bet with Caesars loses, you'll be refunded in free bets, up to $1,250. If your first bet wins, you keep the profits and initial bet. We'll get into more examples below.

How to Use ACTION4FULL Promo Code

This Caesars Sportsbook code is a solid new user offer that encourages users to make a big first bet. Caesars will credit back your account up to $1,250 if your first qualifying wager loses, so there's no reason not to bet large, if you're able to do so responsibly. Be sure to pick a plus-money wager, and then stake your entire bankroll up to $1,250 on it, if possible.

Let's use the Michigan vs. TCU College Football Playoff game as an example. You decide to bet TCU moneyline at +250 odds. This is a solid bet for the ACTION4FULL promo code since you stand to make significant profit if it hits. Here are your possible outcomes:

  • TCU wins and you net $3,125 in winnings plus your original $1,250 stake. That's a nice payday! This would effectively end the Caesars Sportsbook new user promo.
  • TCU loses to Michigan. Caesars Sportsbook will now credit your account with the $1,250 that you originally staked to fulfill the ACTION4FULL promotion.

Now you have $1,250 in free bets to use. Next, we will walk you through the best strategy to employ to maximize your free bet credits.

Caesars Sportsbook Free Bet

Free bets on Caesars Sportsbook are similar to any other book. They have a couple notable restrictions, though:

  1. Free bet credits will be removed from your account after 14 days of receipt. Do not wait to play these credits, or you will lose them!
  2. Bets won placed with free bet credits only return the profits. Unlike other bets where you'll get your stake back, you only walk away with the winnings when using free bets.

Now that we've got the rules out of the way, let's talk strategy. In the next example, you're going to use some of your free bet credits to wager on the Ohio State-Georgia CFP game.

Note: Ohio bettors – it's not too late to pre-register for Ohio sports betting, which goes live tomorrow (January 1, 2023)! Use promo code ACTIONTIX to get started.

The same philosophy holds true when using your free bets. Seek out plus-money wagers that have an opportunity to net you solid profits (+200 to +500 range). You'll want to find some "long shots" that you think could reasonably hit.

With that in mind, you decide to bet $100 on Ohio State moneyline at +215 odds against Georgia. Here's how this could shake out:

  • Ohio State wins. You win $215 in profit while Caesars holds on to the original wager that they've staked you in free bet credits.
  • Ohio State loses. You lose your $100 in free bet credits and you do not earn any profit. You now have $1,150 left in free bet credits to use.

Continue using your free bet credits in this way until they've expired. With some luck and smart betting, you could grow yourself a nice bankroll!

Signing Up at Caesars

Now that you understand how the Caesars promos work, the last thing to do is sign up! Here's how:

  • Step 1. Click here to start the registration process.
  • Step 2. Enter the required information to create your account (i.e. name, address, date of birth, last 4 of SSN, etc) to verify your identity and eligibility.
  • Step 3. Input the relevant Caesars Sportsbook bonus code (ACTION4FULL, ACTION4PICS, ACTIONTIX) to claim your offer. [UPDATE with OH]
  • Step 4. Agree to Caesar's Terms & Conditions.
  • Step 5. Make your initial minimum $20 deposit.
  • Step 6. Place your first wager.

That's all it takes. Now you're ready to start betting with Caesars Sportsbook!

Best Promo Codes for Caesars Sportsbook

The Caesars Sportsbook promotion can be different based on where you're located. Below is a brief overview of all the live Caesars bonuses along with their location-specific details:

  • ACTION4FULL is available to any new user in any location where Caesars is active. This promotion will give new registrants up to $1,250 back in free bets on Caesars Sportsbook if their first bet loses.
  • ACTION4PICSis a Caesars Sportsbook new user offer that is for Maryland residents only. This particular bonus will be dependent on the amount of your initial wager.
    • If your first wager is between $20 and $100, you'll receive $100 in free bets.
    • If your initial wager is over $100, you'll get a first bet on Caesars up to $1,500.
  • ACTIONTIX is an exclusive offer to Ohio users that grants a free $100 upon betting $20+ and also gives entry into a weekly ticket drawing for Cleveland Cavaliers tickets.

Betting Strategy with ACTION4PICS

As we mentioned earlier, Maryland residents have another bonus offer to take advantage of with ACTION4PICSThe betting strategy is slightly different with this new user promo as the offer is dependent on how much you initially wager. Let's use the Michigan vs. TCU game again as an example.

  • If your first bet is between $20 and $100, you'll get $100 in free bets. Say you've played $50 on Michigan to cover the spread. If the Wolverines cover, you'll get the profits from that bet PLUS the $100 in free bets. You'd still get that $100 in free bets if TCU covered instead.
  • If you were to bet $500 on Michigan to cover the spread, and they failed to do so, Caesars would pick up the stake of that first bet and refund your account with an equal amount of free bet credits up to $1,500. So in this case, you'd get $500 in free bets to use.

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