Caesars Sportsbook Promo Code Presents $1,250 for All NBA Games

Wednesday evening's national primetime broadcast of Bucks-Raptors headline twelve NBA tipoffs on tap while Caesars Sportsbook promo code ACTION4FULL accesses up to $1,250 in bet credits.

It's easy to get caught up with the lingo, but all this means is that if your first bet loses, whatever you bet (up to $1,250 maximum) will be reimbursed in bet credits.

For new Ohio users looking to wage on Suns-Cavaliers or any other game, Caesars has a code named ACTION41BET that raises the ceiling to $1,500 value on first bets.

So, we have two live promotions with Caesars:

• Caesars Ohio promo code: ACTION41BET
• All other states: ACTION4FULL

Below, we'll pick bets for Bucks-Raptors to use with this promo and talk about how it will play itself out.

Signing Up With Caesars

1. Click here and select your state, and input the Caesars promo code ACTION4FULL (or ACTION41BET in Ohio).
2. Provide your basic personal information to create an account, including your name, date of birth, address & email address.
3. Make a deposit using your bank account, PayPal or credit/debit cards.
4. Download the Caesars Sportsbook app and login.
5. Wager up to $1,250 on your first bet.

Here's everything you need to know if you're traveling and betting.

Applying This Caesars Promo 

This promotion means you will be replenished with whatever you waged up to $1,250 should your bet lose.

Milwaukee Bucks (+158) vs. Toronto Raptors (-190) 

Despite the Bucks springboarding off a 123-113 victory against Washington on Tuesday and garnering an eight-game lead on Toronto in the Eastern Conference, they are 4.5-point underdogs heading into Scotiabank Arena. This is partially due to the ongoing injury with Khris Middleton, which is a massive blow to Milwaukee's offense. It's also because the Bucks are 4-6 in their last ten and face a back-to-back on the road.

Toronto isn't the same team that conquered the Bucks in the 2019 Eastern Conference Final to go on and win it all. But they own the recent edge against Milwaukee and have put together a .500 string in their last six, which is more stable than their usual win rate. Andrew O'Connor-Watts elaborated more on the Toronto edge in his Wednesday game preview:

Until Milwaukee’s offense gets back Middleton, Toronto should be able to do enough to stop them, and as mentioned, Milwaukee is well equipped to defend the Raptors in transition. I’ll likely add a play on the total if I get a number I like, so follow me in the Action Network App.

Instead I’ll look to the Raptors at home here. Despite a good defensive matchup for Milwaukee I don’t trust them on the road and on a back-to-back.

Toronto owns the recent historical matchup (7-3 straight up and against the spread) and have been playing a little better lately (3-3 straight up and against the spread). I think this could be a letdown spot for Milwaukee with a big rest disadvantage. I bet this at +2 when it opened and the line has moved as far as -4 for the Raptors, so shop around for the best line.

Choosing a Wager

Let's pick our Wednesday bet: Raptors -4.5 + Under 225.0 Points at +264

We deposit $100 on this parlay (we want plus-money bets). It's either win and receive a $264 profit for a $364 payout. But if it loses, we get the $100 we lost back in bet credits.

Using Caesars Bet Credits

OK, so the Raptors-Bucks bet loses and we've got ourselves $100 in bet credits. These appear as soon as the bet settles. Let's stay up for the late national broadcast of Heat-Lakers and bet $50 of our $100.

Miami is a low-scoring team that's favored to win by 7.5 at Caesars. Let's put those two plays together for the under of 229.5 and Heat moneyline. This is priced at +160.

If this clears, I'll win $80 of real cash back, but lose the $50 in free bets. We'll lose the $50 in bet credits and make nothing if it loses, but we'll still have the extra $50 that we didn't use left over.

For more insight on Heat-Lakers, we can "take our talents" to Tyler Scmidt's game preview.

Quick Tip: Understanding the Market

The “market” is another term you may have heard when talking sports betting with a friend. Whatever bet you’re looking for — whether it’s an alternate spread, futures bet, a niche player prop and so forth — there’s a market for it. There can be one to hundreds of options offered for each.

Just like investing, sports betting has a market that bettors buy and sell on at certain prices. Oddsmakers will look at lines other books have and follow suit, then manage risk. All of these lines across sportsbooks become the “market” that people refer to when saying something like, “the betting market thinks the Raptors are 4.5 point-favorites against the Bucks Wednesday.”

For more insight, read our 12 sports betting tips and a how-to for reading American odds guide. Or, learn more about varying sportsbook bonuses.