Caesars Sportsbook Promo Code Banks $1,250 for Wednesday MACtion

We are in Week 12 of the college football season which means we are in the middle of some fun weeknight MACtion to bet on.

As the MAC teams face off on Wednesday night, a Caesars Sportsbook promo code can add spice to these games plus in other sports like NBA, NHL, CBB and more.

Here's how they work:

• ACTION4FULL, which gets users in any location up to $1,250 in first-bet insurance when they place a bet on Wednesday and;
• ACTIONTIX, an exclusive offer to Ohio users that grants a free $100 upon betting $20+ and also gives entry into a weekly ticket drawing for Cleveland Cavaliers tickets.

First-Bet Insurance: Eastern Michigan-Kent State

Book promotions are incentive for bettors to obtain free bets by getting active on their betting platforms.

Let's deep dive into Eastern Michigan-Kent State as a means to explain how this promotion will unravel and what to expect.

Eastern Michigan: +235 at Caesars Sportsbook

Eastern Michigan are 6-4 on the season but 3-3 in conference play. They're looking to snag a bowl berth on Wednesday night when they visit the 4-6 Kent State Golden Flashes.

Eastern Michigan's offense doesn't have the big stats that Kent State does, but they do have them beat on consistency. They are 3-0 on the road in MAC games and will look to control the tempo of the game. Expect the Eagles to taper down Kent State's flashy offense and run out the game clock.

Kent State: -292 at Caesars Sportsbook

Even though Kent State are 4-6, they are 3-3 in MAC play and have an electric offense to boot. QB Collin Schlee has almost 2,000 passing yards while their RB Marquez Cooper has over 1,100 rushing yards and an impressive 9 touchdowns on the year.

The Golden Flashes are 2-1 at home in MAC games, averaging 28 points per game. The Eagles' defense meanwhile has been averaging 22.3 points allowed per game on the road in MAC games. Look for Kent State to use their flashy style of offense to control the tempo.

Pick: Eastern Michigan's impressive 3-0 record on road MAC games, and consistent clock management, make them a smart target to wager on. Kent State won't back down easily at home, but the Eastern Michigan +235 moneyline gives some value.

Betting with First-Bet Insurance

Say I sign up for Caesars and place a $100 bet on Eastern Michigan +235 moneyline. Here are the scenarios. 

1. Eastern Michigan wins: I win $235 and keep my $100 deposit for a total payout of $335.
2. Eastern Michigan doesn't win: I get $100 in free bets.

*If you're in Ohio and are using ACTIONTIX for the bet $20, get $100 plus Cavs ticket entry offer, the above would work the same. The only difference is you will get $100 in free bets win or lose.

The Lowdown on Free Bets 

Always bet on plus-money wagers. The higher the line, the more expected value you get over time.

Think of expected value this way: the fair odds of a coin toss are 50/50 (+100).

• If you have +120 odds on tails, the EV would be (120-100) * .5.
• You have $10 expected winnings on a $100 bet (or 10% EV).

100 of these 10% EV bets would expect to net $1,000.

I lose my moneyline bet on Eastern Michigan-Kent State. I then take the $100 in free bets and place it on this parlay between the NFL & CFB Thursday Night Football games:

This is what happens with our $100 of free bets:

• The parlay hits: I win $471.05, but the $100 in free bets goes away. I still profited $471.05 since my deposit.
• The parlay misses: As Whitney Houston says, "I have nothing."

If you’re a novice sports bettor, check out 12 sports betting tips and a how-to for reading American odds.

More Ways to Bet on Wednesday 

Check out our previews for different sports before placing your first-bet insurance wager:

• Brett McMurphy has his Week 12 CFB bowl predictions — including UCONN, Louisville, Florida and more.
• Brad Cunningham offers his picks for two games: Louisiana vs. Florida State, and Washington State vs. Arizona.
• Our Action Network staff gives their Week 11 NFL picks that they've already made — including a Bills spread and the winner of the Cowboys vs. Vikings game.

Things to Know With Caesars

1. Click here and select your state, and input the Caesars promo code ACTION4FULL.
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.

Visiting a state with Caesars? Here's everything you need to know if you're traveling and betting.