Caesars Sportsbook Promo Codes: Join for $1K First Bet on the House in Legal Caesars States

A high-stakes SEC matchup between LSU and Alabama highlights an action-packed college football slate on Saturday. If you're looking to claim a large welcome bonus, check out the Caesars Sportsbook promo code ACTION41000.

New users in legal Caesars states can deposit and wager up to $1,000 on any sporting event. If their bet loses, the betting site takes that bet amount and provides a refund in bonus bets. Bonus bets cannot exceed $1K, and this offer is only for bettors who lose their first wager.

Caesars Sportsbook is available in nearly 20 states, including Kentucky and Maine.

Players can click the link below to access the Caesars Sportsbook promo code. Keep reading to learn about bonus bets and our game pick for LSU vs. Alabama.

Caesars Sportsbook Promo CodeACTION41000
Caesars Sportsbook Bonus InformationUp to $1k back in bonus bets if your first bet loses
Caesars Sportsbook Terms & Conditions21+ only. New users and first $10+ wager only. Offer valid and must be physically present in AZ, CO, IL, IN, IA, KS, KY, LA, MA, MD, MI, 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 NY: Call 877-8-HOPENY or text HOPENY (467369). ©2023, Caesars Entertainment

Caesars Bonus Bet Explained + Game Pick

There's no need to worry if your first bet at Caesars loses. The betting site ensures users don't walk away empty-handed as they provide bonus bets. Bonus bets almost serve as credits because they aren't withdrawable, but you can use them to win real money.

Perhaps the most important aspect of a bonus bet is the stake goes away no matter what. Therefore, one of the best ways to use a sportsbook bonus is betting on a longshot. It's a great way to earn more expected value, meaning you'll profit in the long run. Also, it's impossible to earn an advantage over a sportsbook by using a bonus bet on a favorite.

LSU is the underdog against Alabama, but we'd like more value than +130. Instead, let's form a same-game parlay to boost the odds.

  • Caesars Bonus Bet: Alabama -3 + Over 61.5 Points (+257)

The most exciting matchup will be LSU's offense vs. Alabama's defense. LSU leads the country with 47.4 points per game, but Alabama only allows 16.5 points per game. Their defense hasn't been as strong lately, which has me leaning towards the over.

Ultimately, I think this matchup comes down to Alabama's offense vs. LSU's defense. Neither unit has been great this season, but I have a little more trust in the Bama offense. That's why I'm taking the Crimson Tide to score a home victory against the Tigers.

The bonus bet amount varies depending on your first bet amount. For the sake of this example, let's assume everyone has a $100 bonus bet.

  • SGP Hits: We have $257 in winnings and withdrawable cash.
  • Alabama Loses OR Under 61.5 Points: The bonus bet disappears, and we have no profit.

Claiming the Caesars Sportsbook Promo Code

1. Click here to visit Caesars' website and press "Bet Now" to enter the Account Registration flow.

2. Enter your details to create a new account. Use Caesars Sportsbook promo code ACTION41000 at checkout.

3. Agree to the Terms & Conditions and submit. Caesars will verify your account details. Now, your account has been created.

4. Deposit at least $50 with funding options, including PayPal, Visa, and your bank.

5. Place your first bet!

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