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Caesars Sportsbook Promo Code Gives $1,250 for Heat-Bucks, Friday NBA Action

Caesars Sportsbook Promo Code Gives $1,250 for Heat-Bucks, Friday NBA Action article feature image

Caesars Heat-Bucks, 02/24/2023

The Caesars Sportsbook promo code ACTION4FULL gives new users up to $1,250 back in bet credits. This offer is perfect for Friday night NBA action, including the Heat vs. Bucks.

Caesars will refund you the equivalent of your first bet in bet credits if it loses. The promo code ACTION41BET gives Ohio bettors up to $1,500 in bet credits if they lose their first bet.

How can you use your Caesars promo code? Let’s check out an NBA example below.

Betting on the Heat-Bucks

The Heat vs. Bucks highlights an action-packed Friday night of NBA action. Milwaukee will likely be without Giannis Antetokounmpo, but they still open as a slight favorite.

Check out our example below to see what happens if you wager $100 on the Bucks at -120.

  • If the Bucks win, you’ll earn $83.33 in winnings and keep your $100 wager.
  • If the Bucks lose, you’ll receive $100 in bet credits.

Using Your Caesars Bet Credits

Bet credits aren’t as good as cash because you can’t withdraw them. The optimal betting strategy is wagering on a plus-money prop because you only keep the winnings.

Nick Giffen has an intriguing NASCAR bet that would be ideal for your $100 Caesars bet credits.

If the starting order is set by the metric, then according to my calculations, drivers such as Chase Elliott, Erik Jones, William Byron and Tyler Reddick are set to start 31st or worse.

My combined winning probability of just those four drivers is 25.1%.

Even if my model is high on those drivers, even if Elliott somehow doesn’t squeak into the 31st starting spot if my calculations are off, and even if the chance of rain reduces slightly, we’re still in a good spot.

Let’s assume there’s only a 50% chance rain washes out qualifying. We’re still OK because my model would have to overestimate the trio of Jones, Byron and Reddick by 2.5% to no longer show value.

There’s plenty of risk here should qualifying take place, so take that into account when performing your personal risk assessment. If qualifying does take place, there’s a very small chance this bet wins.

But when the downside assumption I’ve made still shows value, I’m going to make the bet. I’m in for two units.

  • If the winner of Sunday’s race starts 31st or worse, you’ll win $1,100.
  • If the winner starts better than 30th, you’ll lose your $100 bet credits.

Sign Up for Caesars Sportsbook

  1. Click this link and input the promo code ACTION4FULL (or ACTION41BET in Ohio).
  2. Enter your personal information to make an account.
  3. Use your bank account, credit/debit card, or another payment method to deposit $10.
  4. Make your first bet up to $1,250.

If this is your first time betting on sports, check out our sports betting tips.

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