Caesars Sportsbook Promo Code Scores $1K Insurance Bet for Monday Playoff Action; 100% Profit Boosts Live in IA, ME & MD

With the first round of the NBA and NHL Playoffs underway, you can place a $1K first bet on the house on any market by signing up with Caesars Sportsbook promo code ACTION41000 this week.

This offer means you can wager up to $1K with your first bet at Caesars, and you'll get matched with a single bonus bet if you lose.

This offer is live in most legal states, excluding Iowa, Maine, and Maryland. If you are betting from those states, you get 10, 100% profit boosts using the Caesars Sportsbook promo code ACTION4DYW. This offer will double your profits on any odds.

I'll dive into both of these Caesars Sportsbook offers for more clarity, but you can use any of the modules listed throughout the article to get started on Monday.

First Bet on the House

This is an insurance wager. You are getting value in either scenario of the bet, so we advise to bet the entirety of your bankroll to ensure you're getting the most value possible.

Welcome offers are more lucrative than most existing user offers; it's unlikely you'll be able to earn up to $1K in bonus bets again, so bet the max that you can afford with your initial wager at Caesars.

Here's an example: Suppose I place $1K on the Over of 206.5 points in 76ers-Knicks on Monday.

Despite poor shooting performances in Game 1, both teams managed to surpass the total score. With Joel Embiid's injury causing scoring interruptions for the 76ers, the Knicks have opportunities for offensive rebounds and potential shooting improvements from players like Jalen Brunson.

Considering the likelihood of continued transition success and Embiid's defensive limitations, I favor the over bet with a threshold below 210.

• If the game goes over 206.5 total points, I would get $1,909.09 as a total payout in real cash.
• If it results Under 206.5 total points, I receive a $1K bonus bet from Caesars.

All sportsbooks differ in how they distribute bonus value in a first bet on the house. Caesars gives you one bonus bet worth the amount you wagered instead of allowing you to split it up into finer increments.

The Profit Boost

This gives you the opportunity to rake in extra value on a pick you're ultra confident in.

Let's say you were feeling ambitious and wanted to bet an Anytime Goalscorer prop on Monday. We like Leon Draisaitl against the Kings because LA Goalie Cam Talbot has been struggling lately, conceding three or more goals in six of his last eight games and boasting a subpar .889 save percentage over that stretch.

Leon Draisaitl poses a consistent threat, especially against the Kings, having scored 10 goals in their last 11 encounters. His line of +155 draws appeal here.

If I wanted to place $10 on him to score here without the profit boost, I would earn $15.50, but with the 100% profit boost in place, I would get $31 instead if Draisaitl scores.

Remember, you get 10 of these profit boosts if you use the Caesars Sportsbook promo code ACTION4DYW in Iowa, Maine, or Maryland.

How to Sign Up for Caesars Sportsbook

Step 1. Click here to visit Caesars' website.

Step 2. Enter your details to create a new account: Name, Email, Date of Birth, Phone Number, Last four digits of your SSN, Home Address.

Step 3. Enter the Caesars Sportsbook Promo Code ACTION41000

Step 4. Agree to the Terms & Conditions.

Step 5. Deposit with funding options, including PayPal, Visa, and your bank.

21+ only. New users and first $10+ wager only. Offer valid and must be physically present in AZ, CO, IL, IN, KS, KY, LA, MA, MI, NC, 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). ©2024, Caesars Entertainment

Offer valid and must be physically present in IA, MD and ME only.