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Caesars Sportsbook Promo Code Lends $1,250 First Bet for Tuesday NBA & NHL Playoffs, Any Sport

Caesars Sportsbook Promo Code Lends $1,250 First Bet for Tuesday NBA & NHL Playoffs, Any Sport article feature image

We’ve got plenty of NBA and NHL playoff action on Tuesday to benefit from the Caesars Sportsbook promo code ACTION4FULL, which gains a $1,250 first bet on the house.

Caesars Sportsbook matches your first bet if it loses and reimburses you with bonus bets. Caesars has this promo so you’re protected if you lose your first bet. While the NBA playoffs are the marquee event, the promo code applies to any sporting event.

Caesars Sportsbook has the Cavaliers at -6.5 against the Knicks for Game 2 after dropping the series opener 101-97.

We suggest betting your bankroll on a first be on the house promotion. This is because whatever you lose will be reimbursed in bonus bets, so it’s all the more value. If I were to bet $1,000 on the Knicks to win on Tuesday at +195 moneyline odds, here’s what I could expect using ACTION4FULL:

  • Knicks win: I profit $1,950 and have a payout of $2,950.
  • Knicks lose: Caesars provides me with $1,000 in bonus bets.

As far as bonus bets go at Caesars, we’ve got several points to explain. We’ll use some best bets from our experts regarding Knicks-Cavaliers to talk about it.

Caesars Bonus Bets 

The best way to maximize your expected value with bonus bets is taking a plus-money prop. Expected value is about what you’re accruing over time through profits.

Here’s a couple examples on why the math says it’s impossible get the advantage over the book by betting the favorite rather than the underdog using bonus bets:

Example 1: You’ll win $20 if the $50 bet credit wins. The probability a -250 favorite wins is 71.43%.

The EV, in this case, is 71.43% x $20, which equals $14.28. So over an infinite number of bets, that $50 will be worth just $14.

Example 2: Now let’s bet a +250 underdog with a $50 bet credit.

You’ll win $125 if it wins, and you can expect the bet to win 28.57% of the time.

The EV, in this case, is 28.57% x $125, which equals $35.71. So over an infinite number of bets, that $50 will be worth $35.71.

Now, let’s apply this to a parlay for Knicks-Cavs on Tuesday.

How to Profit With Bonus Bets: Knicks-Cavaliers Game 2

There’s several ways we can lengthen our odds between choosing a player prop or composing a parlay. We’ll create a same game parlay using expert props in Game 2 to demonstrate:

  • Bryan Fonseca on Julius Randle u24.5 Points (-118):

Maybe I’m picking on Julius Randle too much, and was admittedly nervous when taking this exact prop in our best bets file on Saturday as he got off to a hot start, but as expected, he slowed down.

He got his early, was shooting about 6-of-12 from the field at some point, and finished 7-of-20 because the Cavs and Evan Mobley, in particular, greatly impacted Randle’s driving lanes and forced him to settle for 3-point shots. He finished 3-of-10 from deep.

I think the Cavs win this game, I think Randle doesn’t crack 25 points, and we go back to NY 1-1.
  • Brandon Anderson on Darius Garland o7.5 Assists (+122):

Garland averaged 7.9 assists per 36 this season, and he played 43 minutes in Game 1. The Cavs aren’t getting much from the bench so Garland should play heavy minutes again in a must-win spot, and his usual rate at 43 minutes would imply 9.4 dimes.

This season, Garland played at least 32 minutes in 56 games. He had eight or more assists in 34 of them (61%), and he had double-digit dimes (+400) in 26% of them. I lean under on this game between a pair of offenses I don’t trust a lot right now, so I probably won’t get too aggressive.

Still, this looks like a nice bounce-back spot for Garland. Six times this season, Garland had four or fewer assists. In the game after each of those, he averaged 10.5 APG with at least eight helpers in all six, a 100% hit rate for this prop. We’re getting plus money on top of it! Let’s just hope his teammates make shots this time.

If we plug these two together, we’re in a nice territory of +310 odds.

In the case where we place $100 in bonus bets on this SGP, we’d either get $310 of real money with a win (not $410 because Caesars takes back the stake), or profit nothing at all.

Signup for Caesars Sportsbook

  1. Use this link, select your state, and enter the promo code ACTION4FULL.
  2. Enter personal details, including name, date of birth, and address.
  3. Agree to the terms & conditions.
  4. Deposit at least $20 using one of the banking methods (credit card, PayPal, bank transfer, etc.)
  5. Place your first bet!

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